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2022 Best Value Master’s Degree Colleges for Financial Mathematics in the Great Lakes Region (With Aid)

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 Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking - to help you make that 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 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 Getting Aid” ranking looked at 8 colleges that offer degrees in a bachelor’s in financial mathematics. Not only do the schools that top this list have excellent financial mathematics programs, but they also 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. See our ranking methodology to learn more.

More Ways to Rank Financial Mathematics Schools

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 the Great Lakes Region For Those Getting Aid” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid

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

Top 8 Best Value Master’s Degree Colleges for Financial Mathematics in the Great Lakes Region (With Aid)

#2 in overall quality

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 the Great Lakes Region For Those Getting Aid list. Located in Champaign, Illinois, this large public school awarded 130 degrees to qualified masters’s financial math students in 2019-2020.

UIUC also made our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

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

#7 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 Getting Aid that were part of this year’s ranking, University of Illinois at Chicago landed the #2 spot on the list. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 13 masters’s degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #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 you may pay more or less depending on your major.

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

#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Ohio State University - Main Campus. The school came in at #3 for the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Ohio State University - Main Campus is a large school located in Columbus, Ohio that handed out 130 masters’s financial math degrees in 2019-2020.

In addition to being on our great lakes region master’s degree financial math students with aid list, Ohio State has also earned the #3 rank in our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but you may pay more or less depending on your major.

Full Ohio State Financial Mathematics Report

#4

Northern Illinois University

Dekalb, Illinois

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #4 for the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Located in Dekalb, Illinois, this fairly large public school awarded 3 diplomas to qualified masters’s financial math students in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #0 spot in our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but some majors have different tuition rates.

Read full report on Financial Mathematics at NIU

#5

University of Chicago

Chicago, Illinois
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #5 for the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 86 diplomas to qualified masters’s financial math students in 2019-2020.

In addition to being on our great lakes region master’s degree financial math students with aid list, UChicago has also earned the #1 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 UChicago are $61,548.

Read full report on Financial Mathematics at University of Chicago

#5 in overall quality

University of Cincinnati - Main Campus ranked #6 on this year’s Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. UC is located in Cincinnati, Ohio and, has a large student population. In 2019-2020, this school awarded 48 masters’s financial math degrees to qualified students.

UC also made our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” list, coming in at #5. Average graduate tuition and fees at UC are $26,644, but you may pay more or less depending on your major.

Read more about Financial Mathematics at UC

#7

University of Dayton

Dayton, Ohio
#6 in overall quality

With a ranking of #7, University of Dayton did quite well on the 2022 Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Located in Dayton, Ohio, this fairly large private not-for-profit school handed out 4 diplomas to qualified masters’s financial math students in 2019-2020.

As a testament to the quality of education offered at UDayton, the school also landed the #6 spot in our “Best Financial Mathematics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UDayton are $17,780, but some majors have different tuition rates.

Read more about Financial Mathematics at University of Dayton

#8

DePaul University

Chicago, Illinois
#4 in overall quality

DePaul University came in at #8 in this year’s edition of the Best Value Financial Math Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This large school is located in Chicago, Illinois, and it awarded 44 masters’s financial math degrees in 2019-2020.

As a testament to the quality of education offered at DePaul, the school also landed 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 you may pay more or less depending on your major.

Full DePaul Financial Mathematics Report

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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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