2022 Best Value Master’s Degree Colleges for Financial Mathematics in Illinois (With Aid)

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid” 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 Getting Aid” 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.

Some of the factors we look at when determining these rankings are overall quality of the financial mathematics program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid.

Top 5 Best Value Master’s Degree Colleges for Financial Mathematics in Illinois (With Aid)

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#2 in overall quality

$30,083 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 130 masters’s financial math degrees to qualified students.

UIUC not only placed well in this ranking. It is also #2 on our “Best Financial Mathematics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Full University of Illinois at Urbana-Champaign Financial Mathematics Report

#2

University of Illinois at Chicago

Chicago, Illinois

#4 in overall quality

$27,036 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #2 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid list. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 13 masters’s financial math degrees in 2019-2020.

UIC also took the #4 spot in our “Best Financial Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read full report on Financial Mathematics at University of Illinois at Chicago

#3

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 #3 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid list. This fairly large school is located in Dekalb, Illinois, and 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 Northern Illinois University are $11,086.

Read more about Financial Mathematics at NIU

#4

University of Chicago

Chicago, Illinois

#1 in overall quality

$61,548 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Chicago. It ranked #4 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid list. This fairly large school is located in Chicago, Illinois, and it awarded 86 masters’s financial math degrees in 2019-2020.

UChicago also made our “Best Financial Mathematics Master’s Degree Schools in Illinois” list, coming in at #1. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Read full report on Financial Mathematics at University of Chicago

#5

DePaul University

Chicago, Illinois

#3 in overall quality

$19,760 Avg Grad Tuition & Fees

Out of the 5 schools in the Best Value Financial Math Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, DePaul University landed the #5 spot on the list. DePaul is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 44 masters’s financial math degrees to qualified students.

In addition to being on our illinois master’s degree financial math students with aid list, DePaul has also earned the #3 rank 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.

Full DePaul University Financial Mathematics Report

• Best Value Master’s Degree Colleges for Financial Mathematics in the Great Lakes Region (With Aid)
• Best Value Master’s Degree Colleges for Financial Mathematics (With Aid)

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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