2027 Best Value Financial Mathematics Schools in the Great Lakes Region

[Financial Mathematics](/majors/mathematics-and-statistics/applied-mathematics/financial-mathematics/) programs reward a close look at where your money goes furthest. The schools below stand out for delivering a strong financial mathematics education at a price that pays off.
For its 2027 best-value ranking, College Factual looked at 13 schools to find the best return on investment for financial mathematics students.
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2027 Best Value Financial Mathematics Schools in the Great Lakes Region
If you want to know which schools deliver the best value for the financial mathematics degrees they offer, see the list below.
Best Value Financial Mathematics Schools
University Of Illinois At Chicago tops our 2027 list of the best value financial mathematics schools in the Great Lakes Region. Located in the city of Chicago, University Of Illinois At Chicago is a very large public university. In-state tuition and fees average $15,949, while out-of-state students pay about $32,009. Typical student debt for financial mathematics graduates is $20,115. Early-career financial mathematics graduates make about $61,829. That is a strong return on a $20,115 median debt. Roughly 77% of applicants are accepted.
University Of Illinois At Urbana Champaign is a great value for students pursuing a degree in financial mathematics, landing the #2 spot this year. University Of Illinois At Urbana Champaign is a very large public school located in the city of Champaign. Expect in-state tuition and fees of around $18,267, while out-of-state students pay about $40,096. Financial Mathematics graduates carry a median of $20,778 in student loans. Financial Mathematics graduates of University Of Illinois At Urbana Champaign earn a median of $57,461 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 42%.
A rank of #3 makes University Of Illinois At Springfield one of the best values for financial mathematics. Set in the city of Springfield, University Of Illinois At Springfield is a moderately-sized public institution. Expect in-state tuition and fees of around $12,557, compared with $20,139 for out-of-state students. Typical student debt for financial mathematics graduates is $24,925. Financial Mathematics graduates of University Of Illinois At Springfield earn a median of $53,344 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 86% of applicants are accepted.
The strong cost-to-outcome balance at Northern Illinois University earned it the #4 place for financial mathematics. Northern Illinois University is a large public school located in the suburb of Dekalb. Students from in state pay about $13,060 in tuition and fees. Typical student debt for financial mathematics graduates is $25,209. Financial Mathematics graduates of Northern Illinois University earn a median of $52,308 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Northern Illinois University admits about 70% of applicants.
The strong cost-to-outcome balance at University Of Chicago earned it the #5 place for financial mathematics. Set in the city of Chicago, University Of Chicago is a very large private not-for-profit institution. In-state tuition and fees average $69,324. Students borrow a median of $15,854 to complete the financial mathematics program here. Financial Mathematics graduates of University Of Chicago earn a median of $81,002 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 4%.
Purdue University Main Campus earned the #6 position for value in financial mathematics this year. Purdue University Main Campus is a very large public school located in the city of West Lafayette. In-state tuition and fees average $9,992, with out-of-state students paying around $28,794. Financial Mathematics graduates carry a median of $19,844 in student loans. Early-career financial mathematics graduates make about $63,111. Set against $19,844 in median debt, that is a healthy payoff. The acceptance rate is 50%.
Indiana University Bloomington earned the #7 position for value in financial mathematics this year. Indiana University Bloomington is a very large public school located in the city of Bloomington. The average in-state cost of tuition and fees is $12,144, with out-of-state students paying around $41,891. Students borrow a median of $20,542 to complete the financial mathematics program here. Soon after graduation, financial mathematics degree recipients from Indiana University Bloomington generally make around $52,123. Set against $20,542 in median debt, that is a healthy payoff. Indiana University Bloomington admits about 78% of applicants.
Ohio State University Main Campus landed the #8 spot for financial mathematics value this year. Located in the city of Columbus, Ohio State University Main Campus is a very large public university. The average in-state cost of tuition and fees is $13,244, compared with $40,022 for out-of-state students. Students borrow a median of $14,929 to complete the financial mathematics program here. Financial Mathematics graduates of Ohio State University Main Campus earn a median of $78,456 early in their careers. That is a strong return on a $14,929 median debt. Ohio State University Main Campus admits about 61% of applicants.
Kent State University At Kent ranked #9 on our 2027 list of the best value financial mathematics schools. Set in the suburb of Kent, Kent State University At Kent is a very large public institution. Expect in-state tuition and fees of around $12,220, while out-of-state students pay about $21,575. Typical student debt for financial mathematics graduates is $25,174. Early-career financial mathematics graduates make about $44,776. Set against $25,174 in median debt, that is a healthy payoff. Kent State University At Kent admits about 86% of applicants.
University Of Notre Dame came in at #10 for value in financial mathematics this year. Located in the suburb of Notre Dame, University Of Notre Dame is a large private not-for-profit university. Students from in state pay about $65,025 in tuition and fees. Financial Mathematics graduates carry a median of $19,891 in student loans. Soon after graduation, financial mathematics degree recipients from University Of Notre Dame generally make around $69,494. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 11%.
University Of Cincinnati Main Campus placed #11 among the best values for financial mathematics. Located in the city of Cincinnati, University Of Cincinnati Main Campus is a very large public university. In-state tuition and fees average $13,363, with out-of-state students paying around $28,697. Students borrow a median of $23,530 to complete the financial mathematics program here. Financial Mathematics graduates of University Of Cincinnati Main Campus earn a median of $69,396 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 85%.
Depaul University placed #12 among the best values for financial mathematics. Depaul University is a very large private not-for-profit school located in the city of Chicago. Students from in state pay about $45,405 in tuition and fees. Students borrow a median of $25,340 to complete the financial mathematics program here. Financial Mathematics graduates of Depaul University earn a median of $81,728 early in their careers. That is a strong return on a $25,340 median debt. Roughly 76% of applicants are accepted.
Case Western Reserve University earned the #13 position for value in financial mathematics this year. Located in the city of Cleveland, Case Western Reserve University is a large private not-for-profit university. The average in-state cost of tuition and fees is $66,608. Typical student debt for financial mathematics graduates is $25,106. Soon after graduation, financial mathematics degree recipients from Case Western Reserve University generally make around $74,459. That is a strong return on a $25,106 median debt. Case Western Reserve University admits about 36% of applicants.
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Notes and References
This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 13 schools evaluated.
*Averages shown above reflect the top 13 ranked schools only.
- 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).
More about our data sources and methodologies.