2022 Best Value Master’s Degree Colleges for Financial Mathematics (Income $0-$30k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 4,421 people earned their degree in financial mathematics, making the major the 174th most popular in the United States.

Across Illinois, there were 290 financial mathematics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 284 financial mathematics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k” ranking analyzed 5 colleges that offered a degree in financial mathematics. The schools that top this list are recognized because they have great financial mathematics programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the financial mathematics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Financial Mathematics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k.

Top 5 Best Value Master’s Degree Colleges for Financial Mathematics (Income $0-$30k) in Illinois

#1

University of Chicago

Chicago, Illinois

#1 in overall quality

$61,548 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 86 masters’s financial math degrees in 2019-2020.

UChicago also took the #1 spot in our “Best Financial Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.

Read full report on Financial Mathematics at University of Chicago

#2

University of Illinois at Urbana-Champaign

Champaign, Illinois

#2 in overall quality

$30,083 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #2 for the Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k. UIUC is a large public school situated in Champaign, Illinois. It awarded 130 masters’s financial math degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Financial Mathematics Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIUC are $30,083.

Read full report on Financial Mathematics at University of Illinois at Urbana-Champaign

#3

University of Illinois at Chicago

Chicago, Illinois

#4 in overall quality

$27,036 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k. This large school is located in Chicago, Illinois, and it awarded 13 masters’s financial math degrees in 2019-2020.

In addition to being on our illinois master’s degree financial math students whose families make $0-$30k list, UIC has also earned the #4 rank in our “Best Financial Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but you may pay more or less depending on your major.

Full University of Illinois at Chicago Financial Mathematics Report

#4

Northern Illinois University

Dekalb, Illinois

$11,086 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #4 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 3 masters’s financial math degrees in 2019-2020.

NIU not only placed well in this ranking. It is also #0 on our “Best Financial Mathematics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at NIU are $11,086.

Read full report on Financial Mathematics at NIU

#5

DePaul University

Chicago, Illinois

#3 in overall quality

$19,760 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend DePaul University. It ranked #5 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois For Those Making $0-$30k list. Located in Chicago, Illinois, this large private not-for-profit school awarded 44 degrees to qualified masters’s financial math students in 2019-2020.

As a testament to the quality of education offered at DePaul, the school also landed the #3 spot in our “Best Financial Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Read full report on Financial Mathematics at DePaul

• Best Value Master’s Degree Colleges for Financial Mathematics (Income $0-$30k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Financial Mathematics (Income $0-$30k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Steven G. Johnson.

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