Rise in Rankings
The Department of Finance and Risk Engineering continues its upward trend in the rankings, placing #8 in the newly released 2021 ranking of Best Financial Engineering programs in the US by QuantNet, tied with University of Chicago. The program has moved up one spot since the 2020 QuantNet ranking and a total of eight spots since 2016.
The Quant Finance Master’s Guide for 2020, published by Risk.net, placed the New York University Tandon School of Engineering M.S. in Financial Engineering fifth in the world — an eight-position leap from last year. Risk.net, one of the foremost financial publications, measured such factors as graduate salaries, employment rate, program selectivity, student-lecturer contact hours, and faculty research.
Additionally, TFE Times listed NYU Tandon M.S. Financial Engineering as number three among the 2020 Best Master’s of Financial Engineering Programs, up from number four last year. NYU Tandon’s program — the first to be certified by the International Association of Financial Engineers — was earlier ranked ninth by QuantNet, an online resource for the financial industry. In that report, NYU Tandon climbed seven positions over the last five years.
“Our latest rankings — and the upward trend they represent — affirm the high caliber of our faculty, many of whom have decades of experience as industry leaders, as well as the drive and intelligence of our students,” said Department Chair, Peter Carr. “We’re proud to be preparing them for highly sought quant, risk, and tech careers, and feel confident that we will continue to attract even more talent to the department.”
“We are thrilled to see the Department of Finance and Risk Engineering recognized as a global powerhouse in financial engineering,” said Jelena Kovačević, dean of the NYU Tandon School of Engineering. “They are pushing the boundaries in the field, creating a fertile training ground for the next generation of experts, and shaping the future of the industry.”