Master of Quantitative Finance Program is No. 16 in North America - QuantNet.com

The Rutgers Master of Quantitative Finance Program was ranked No. 8 in North America for average starting salary among its most recent graduates, according to QuantNet.com.

Rutgers Business School’s overall program was ranked No. 16 in North American by QuantNet, making it the No. 1 program among the Big Ten business schools.

The most recent cohort of Rutgers MQF students reported an average starting salary of $92,500. In QuantNet’s methodology, average starting salary accounted for 20 percent of a program’s score in the ranking.

The ranking also considered the employment rate at graduation, the employment rate three months after graduation and an employer survey score generated from employers who have interviewed or hired (within the past two years) from one or more of the 29 programs included in the 2018 ranking.

Some of the jobs the most recent graduates of the Rutgers MQF program have taken include senior quantitative analyst, risk analyst, quant trading strategist and credit and liquidity risk analyst.

“For our MQF students, being “job ready” does not mean simply graduating with stellar grades, it means comprehending the types of challenges and opportunities facing finance companies and working toward contributing to the solutions,” said Ronnee Ades, director of career management for the MQF program.

“We believe students need to understand the real requirements of quantitative roles in the financial industry before they graduate,” Ades said. “Through experiential learning, our students can apply mathematical and computer models to tackle current valuation challenges that real investment firms are facing.”

“Successfully finding that great job requires hard work, including the academic and career management aspects of our MQF program,” Ades said.

To carry out its latest ranking, QuantNet.com surveyed 29 master’s programs in financial engineering, mathematical finance and quantitative finance from September to November of 2017, looking at admission, placement and career services information.

The Rutgers MQF program has consistently been ranked among the Top 20 quant programs.

QuantNet.com is the world’s largest online resource and community for applicants and professionals in the field of financial engineering, quantitative finance and big data analysis.