[These are Advanced Trading's 2008 Quant School Rankings. Click here to jump to our 2012 Quant School rankings.]
While the top 10 quant schools were mostly unanimous selections among our board members, there were four additional schools that also received attention. The honorable mentions are Baruch College, Boston University, Georgia Institute of Technology (Georgia Tech) and the University of Toronto.
Baruch College:The Masters Program in Financial Engineering at Baruch College in New York consists of 12 three-credit courses. Full-time students complete the program in three semesters. Part-time students may attend for five to six semesters. The curriculum of the Financial Engineering program is designed to provide students with the background required for modeling and solving problems that arise in the financial services industry. Web site: www.baruch.edu/math/masters.html
Boston University:The Master of Arts in Mathematical Finance is a one-year program covering 10 courses over three semesters. The program, based in Boston, emphasizes both the theoretical and the practical aspects of the methods of mathematical finance. Most cutting-edge financial technologies are included in the curriculum. Web site: www.bu.edu/mathfn/maprog
Georgia Institute of Technology:The Master of Science degree program in Quantitative and Computational Finance at Georgia Tech in Atlanta provides students with practical skills and theoretical understanding focused on the formulation, implementation and evaluation of the models used by the financial sector to structure transactions, manage risk and construct investment strategies. The program covers the principles, structures and everyday activities of finance; an understanding of the mathematics being used to model financial activities; and knowledge of the techniques used to implement these models in finance. Web site: www.qcf.gatech.edu
University of Toronto:The Master of Mathematical Finance program covers three semesters. First, students focus on analytical abilities with the help of senior academics in mathematics, computer science, statistics and engineering. Students then complete a four-month internship or campus project. They work on real financial projects and learn to integrate and apply the theoretical knowledge learned during the first session. Students then return to the Toronto campus to continue with courses that build on and deepen the material of the first session. Two two-week workshops in which students work in small groups on projects in mathematical finance and risk management conclude the program. Web site: www.mmf.utoronto.ca/program.html
Who Selected the Top Ten Programs?
New York University (Courant Institute)
University of California at Berkeley