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

8 Ranked Colleges
466 Degrees Awarded
$28,900 Avg Grad Tuition & Fees*
Best Value Financial Math Schools for a Master's in the Great Lakes Region For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Financial Mathematics is the 174th most popular major in the country with 4,421 degrees awarded in 2019-2020.

Across the Great Lakes region, there were 510 financial mathematics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 466 financial mathematics graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking looked at 8 colleges that offer degrees in a bachelor’s 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.

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 the Great Lakes Region For Those Making $0-$30k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

The colleges and universities below are the best for great lakes region master’s degree financial math students whose families make $0-$30k.

Top 8 Best Value Master’s Degree Colleges for Financial Mathematics (Income $0-$30k) in the Great Lakes Region

#1

University of Chicago

Chicago, Illinois
#1 in overall quality

Out of the 8 schools in the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k 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 86 masters’s financial math degrees in 2019-2020.

UChicago not only placed well in this ranking. It is also #1 on our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.

Full University of Chicago Financial Mathematics Report

#2 in overall quality

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 the Great Lakes Region For Those Making $0-$30k. UIUC is a large school located in Champaign, Illinois that handed out 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 the Great Lakes Region” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read full report on Financial Mathematics at UIUC

#3 in overall quality

You’ll be in good company if you decide to attend Ohio State University - Main Campus. It ranked #3 on our 2022 Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Ohio State University - Main Campus is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 130 masters’s degrees in 2019-2020.

Ohio State did well in our major quality rankings, too. It placed #3 on our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ohio State are $37,141, but you may pay more or less depending on your major.

Read more about Financial Mathematics at Ohio State University - Main Campus

#7 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. UIC is a large school located in Chicago, Illinois that handed out 13 masters’s financial math degrees in 2019-2020.

UIC not only placed well in this ranking. It is also #7 on our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read more about Financial Mathematics at University of Illinois at Chicago

#5

Northern Illinois University

Dekalb, Illinois

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2022 Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. NIU is a fairly large school located in Dekalb, Illinois that handed out 3 masters’s financial math degrees in 2019-2020.

NIU also made our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read full report on Financial Mathematics at Northern Illinois University

#5 in overall quality

University of Cincinnati - Main Campus came in at #6 in this year’s edition of the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. UC is a public institution located in Cincinnati, Ohio. The school has a large population, and it awarded 48 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree financial math students whose families make $0-$30k list, UC has also earned the #5 rank in our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Cincinnati - Main Campus are $26,644, but some majors have different tuition rates.

Full UC Financial Mathematics Report

#7

University of Dayton

Dayton, Ohio
#6 in overall quality

University of Dayton did quite well in the 2022 Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. UDayton is a fairly large private not-for-profit school situated in Dayton, Ohio. It awarded 4 masters’s financial math degrees in 2019-2020.

In addition to being on our great lakes region master’s degree financial math students whose families make $0-$30k list, UDayton has also earned the #6 rank in our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Dayton are $17,780.

Read more about Financial Mathematics at UDayton

#8

DePaul University

Chicago, Illinois
#4 in overall quality

DePaul University ranked #8 on this year’s Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Chicago, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s financial math degrees to 44 students in 2019-2020.

DePaul also took the #4 spot in our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at DePaul University are $19,760, but some majors have different tuition rates.

Read full report on Financial Mathematics at DePaul 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

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.

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