by our College Data Analytics TeamIn the latest year, 129 U.S. colleges awarded 5,730 degrees and certificates in Financial Mathematics. Master’s degrees are the most popular award, at 86% of graduates. College Factual ranks 93 schools in its 2027 Best Financial Mathematics Schools ranking and compares their cost in a Best Value ranking. Graduates earn a median $69,764 one year after completing, rising to $103,881 after four years.
Studying Financial Mathematics involves the study of Financial Mathematics. A Program That Focuses On The Application Of Mathematics And Statistics To The Finance Industry, Including The Development, Critique, And Use Of Various Financial Models. Includes Instruction In Probability Theory, Statistical Analysis, Numerical Methods, Computation And Simulation Methods, Stochastic Processes, Economics, And Financial Markets And Applications. Examples: [Mathematical Finance], [Quantitative Finance], [Quantitative And Computational Finance].
Source: IPEDS 2025; College Scorecard July 2026; BLS; O*NET; College Factual rankings 2027. Data as of: July 2026.
In the U.S., financial mathematics is a popular field of study, with 5,730 degrees awarded annually. 129 colleges award financial mathematics degrees, an average of 44 graduates per school; the largest program awarded 299.
By level, the 5,730 awards include 769 bachelor’s degrees, 4,936 master’s degrees and 25 doctorates.
Women earned 34% of financial mathematics degrees and certificates in the latest year (1,972 of 5,730). The largest groups of graduates by race and ethnicity are White (1,487) and Asian (406), and international students earned 3,133.
College Factual ranks 93 schools in its 2027 Best Financial Mathematics Schools ranking, including 30 for bachelor’s degrees and 88 for master’s degrees. It also ranks financial mathematics schools within 25 states. In all, 129 colleges offer financial mathematics programs; compare them by degree level below or in the Best Value Financial Mathematics Colleges ranking, which weighs quality against cost.
The most common financial mathematics credential is the master’s degree: 4,936 of the 5,730 awarded in the latest year. Jobs related to financial mathematics call most for Reading Comprehension, Critical Thinking and Active Listening, and for knowledge of English Language, Computers and Electronics and Mathematics, according to O*NET. The most important abilities are Written Comprehension, Oral Comprehension and Written Expression.
Top skills, rated 0–5:
Top knowledge areas, rated 0–5:
How long a financial mathematics degree takes:
| Degree | Typical Program Length | Graduates Annually |
|---|---|---|
| Bachelor’s Degree | 4 years | 769 |
| Master’s Degree | 1-3 years | 4,936 |
| Doctorate | At least 4 years | 25 |
Bachelor’s degree is the most common level of education among workers in jobs related to financial mathematics, at 56.4%.
| Level of Education | Percentage of Workers |
|---|---|
| Bachelor’s degree | 56.4% |
| Master’s degree | 23.8% |
| Doctoral degree | 5.7% |
| Associate’s degree (or other 2-year) | 3.3% |
| Post-baccalaureate certificate | 3.1% |
| Postsecondary certificate | 2.4% |
| Post-doctoral training | 2.4% |
| Some college courses | 1.4% |
| High school diploma or equivalent | 1.1% |
| Post-master’s certificate | 0.2% |
| First professional degree | 0.2% |
Source: O*NET Online.
17 occupations are related to Financial Mathematics, with an average median salary of $101,718; the strongest outlook belongs to Mathematical Science Teachers, Postsecondary, at 14.0% projected job growth. Typical job titles include Data Analyst, Analyst, Bank and Savings Securities Trader and Research Analyst.
The occupation related to financial mathematics with the most projected jobs is Financial Specialists, All Other, at 691,110.
| Occupation | Projected Jobs | Expected Growth |
|---|---|---|
| Financial Specialists, All Other | 691,110 | 6.5% |
| Financial Risk Specialists | 684,551 | -3.8% |
| Business Intelligence Analysts | 585,851 | 1.3% |
| Clinical Research Coordinators | 542,888 | 10.4% |
| Data Scientists | 507,848 | 8.1% |
| Fraud Examiners, Investigators and Analysts | 471,150 | -1.2% |
| Bioinformatics Technicians | 434,408 | -2.4% |
| Mathematical Science Occupations, All Other | 358,631 | -0.2% |
Financial Mathematics graduates earn a median $69,764 one year after completing their program, $103,881 after four years and $100,060 after five years, according to the U.S. Department of Education’s College Scorecard.
| Years Out | Median Earnings |
|---|---|
| 1 year | $69,764 |
| 4 years | $103,881 |
| 5 years | $100,060 |
Source: College Scorecard.
The highest-paying occupation related to financial mathematics is Water Resource Specialists, with a median salary of $179,716.
| Occupation | Median Annual Salary |
|---|---|
| Water Resource Specialists | $179,716 |
| Business Intelligence Analysts | $143,840 |
| Natural Sciences Managers | $132,227 |
| Financial Risk Specialists | $127,364 |
| Financial Quantitative Analysts | $126,371 |
| Bioinformatics Technicians | $121,896 |
| Clinical Research Coordinators | $110,931 |
| Data Scientists | $106,295 |
Financial Mathematics has 5 similar majors in the Mathematics & Statistics field, which together award 5,882 degrees a year; the largest are Applied Mathematics, General (4,370), Computational and Applied Mathematics (853) and Computational Mathematics (421). Browse all Mathematics & Statistics majors or the full list of college majors.
| Related Major | Annual Graduates |
|---|---|
| Applied Mathematics, General | 4,370 |
| Computational and Applied Mathematics | 853 |
| Computational Mathematics | 421 |
| Applied Mathematics, Other | 223 |
| Mathematical Biology | 15 |
More about our data sources and methodologies.
