Graduate school surveys by US News & World Report and the National Research Council rank the graduate programs of t.he Departments of Mathematics and Statistics among the top 25 in the United States. The research expertise of the Mathematical Finance faculty includes financial modeling, numerical analysis, partial differential equations, probability theory, stochastic processes, and statistical analysis. Our program is shaped by the practical experience of the faculty at quantitative finance research groups at leading investment banks and hedge funds and by their contacts with the financial industry. Admission is competitive, with a limited number of applicants admitted each year.
Competitive Edge, Research Expertise, and Practical Experience
Location close to New York and New Jersey Financial Industry
New York is the center of the global finance industry. This gives our program – and our students – tremendous advantages. Our courses are taught by academic faculty and quantitative finance practitioners. The program is attractive to many part-time students already working in the industry, who find a special synergy between their academic and workplace activities. For full-time students, our location close to New York and financial centers in New Jersey facilitates the process of interviewing for summer internships and long-term placement. The New Brunswick/Piscataway campus is approximately 40-60 minutes from midtown Manhattan via express or local commuter rail or coach.
Top Fifteen Ranking
Advanced Trading magazine has ranked the Rutgers University Mathematical Finance Master's program in 2008 and 2012 as among the top 10 in North America. In addition, the Financial Engineer ranks Rutgers' program #15 out of 41 programs nationwide. Quant Net ranked the Rutgers MSMF program at 18th in the nation in 2015.