2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region
12
Ranked Colleges
686
Degrees Awarded
$35,100
Avg Cost*
Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region” ranking.
In 2021-2022, 4,750 people earned their degree in financial mathematics, making the major the 153rd most popular in the United States.
Across the Great Lakes region, there were 737 financial mathematics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 686 financial mathematics graduates with average earnings and debt of $59,182 and $43,142 respectively.
For this year’s “Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region” ranking, we looked at 12 colleges that offer a degree in financial mathematics. The colleges and universities that top this list are recognized because their financial mathematics program is one of the largest majors offered at the school.
For more information, check out our ranking methodology.
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Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region
The following schools top our list of the Best “Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region”.
Top 12 Most Focused Master’s Degree Colleges for Financial Mathematics in the Great Lakes Region
Out of the 12 schools in the Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region that were part of this year’s ranking, University of Chicago landed the #1 spot on the list. UChicago is a fairly large school located in Chicago, Illinois that handed out 144 masters’s financial math degrees in 2021-2022.
The low undergrad student loan default rate of 0.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 99%. The impressive undergraduate student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Full University of Chicago Financial Mathematics Report
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #2 on our 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region list. University of Notre Dame is a private not-for-profit institution located in Notre Dame, Indiana. The school has a fairly large population, and it awarded 101 masters’s degrees in 2021-2022.
The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The school has an impressive undergrad student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year.
Read more about Financial Mathematics at University of Notre Dame
Out of the 12 schools in the Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region that were part of this year’s ranking, Indiana University - Bloomington landed the #3 spot on the list. IU Bloomington is a large school located in Bloomington, Indiana that handed out 115 masters’s financial math degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.
Read more about Financial Mathematics at Indiana University - Bloomington
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #4 on our 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region list. This large school is located in Champaign, Illinois, and it awarded 88 masters’s financial math degrees in 2021-2022.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%.
Read more about Financial Mathematics at UIUC
Out of the 12 schools in the Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region that were part of this year’s ranking, Ohio State University - Main Campus landed the #5 spot on the list. This large school is located in Columbus, Ohio, and it awarded 137 masters’s financial math degrees in 2021-2022.
The school has an impressive undergrad student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.
Read full report on Financial Mathematics at Ohio State
With a ranking of #6, DePaul University did quite well on the 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region list. This large school is located in Chicago, Illinois, and it awarded 28 masters’s financial math degrees in 2021-2022.
The undergrad student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Financial Mathematics at DePaul
With a ranking of #7, Illinois Institute of Technology did quite well on the 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region list. This medium-sized school is located in Chicago, Illinois, and it awarded 3 masters’s financial math degrees in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Financial Mathematics at Illinois Tech
University of Cincinnati - Main Campus did quite well in the 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region ranking, coming in at #8. University of Cincinnati - Main Campus is a large school located in Cincinnati, Ohio that handed out 32 masters’s financial math degrees in 2021-2022.
The low undergrad student loan default rate of 1.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
Read full report on Financial Mathematics at UC
University of Illinois at Chicago did quite well in the 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region ranking, coming in at #9. UIC is a large school located in Chicago, Illinois that handed out 24 masters’s financial math degrees in 2021-2022.
The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Full UIC Financial Mathematics Report
With a ranking of #10, University of Dayton did quite well on the 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region list. UDayton is a private not-for-profit institution located in Dayton, Ohio. The school has a fairly large population, and it awarded 1 masters’s degrees in 2021-2022.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The school has an impressive undergrad student loan default rate. It’s only 0.5%, which is much lower than the national rate of 10.1%.
Full UDayton Financial Mathematics Report
Northern Illinois University came in at #11 in this year’s edition of the Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region ranking. This fairly large school is located in Dekalb, Illinois, and it awarded 13 masters’s financial math degrees in 2021-2022.
The undergrad student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Financial Mathematics at Northern Illinois University
With a ranking of #12, Case Western Reserve University did quite well on the 2023 Schools for a Master’s Highly Focused on Financial Math Major in the Great Lakes Region list. Case Western Reserve University is located in Cleveland, Ohio and, has a fairly large student population. In 2021-2022, this school awarded 0 masters’s financial math degrees to qualified students.
Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low undergrad student loan default rate of 0.8% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Read full report on Financial Mathematics at Case Western Reserve University
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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
- *Avg Salary and Avg 4-Year Grad Rate 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
