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2023 Best Value Colleges for Financial Mathematics in the Great Lakes Region

10 Ranked Colleges
716 Degrees Awarded
$20,900 Avg Net Price*
Best Value Financial Math Schools in the Great Lakes Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Financial Math Schools in the Great Lakes Region” ranking as one item you can use to help make this decision.

Financial Mathematics is the 153rd most popular major in the country with 4,612 degrees awarded in 2020-2021.

Across the Great Lakes region, there were 716 financial mathematics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Financial Math Schools in the Great Lakes Region” ranking analyzed 10 colleges that offered a degree 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.

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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Financial Math Schools in the Great Lakes Region” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Financial Math Schools in the Great Lakes Region

The following schools top our list of the Best Best Value Financial Math Schools in the Great Lakes Region.

Top 10 Best Value Colleges for Financial Mathematics in the Great Lakes Region

1
DePaul crest
DePaul University
Chicago, Illinois

You’ll be in good company if you decide to attend DePaul University. It ranked #1 on our 2023 Best Value Financial Math Schools in the Great Lakes Region list. DePaul University is located in Chicago, Illinois and, has a large student population. In 2020-2021, this school awarded 35 ’s financial math degrees to qualified students.

DePaul did well in our major quality rankings, too. It placed #6 on our “Best Financial Mathematics Schools in the Great Lakes Region” list. It costs about $31,174 for Great Lakes Region Financial Math students per year to attend DePaul University.

The school has an impressive undergrad student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.

Read more about Financial Mathematics at DePaul University

2

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 in the Great Lakes Region. This large school is located in Champaign, Illinois, and it awarded 122 ’s financial math degrees in 2020-2021.

UIUC also made our “Best Financial Mathematics Schools in the Great Lakes Region” list, coming in at #3. The estimated yearly cost for University of Illinois at Urbana-Champaign is $14,321 for Great Lakes Region Financial Math students.

With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%.

Read more about Financial Mathematics at University of Illinois at Urbana-Champaign

3

Out of the 10 schools in the Best Value Financial Math Schools in the Great Lakes Region that were part of this year’s ranking, University of Cincinnati - Main Campus landed the #3 spot on the list. This large school is located in Cincinnati, Ohio, and it awarded 65 ’s financial math degrees in 2020-2021.

As a testament to the quality of education offered at UC, the school also landed the #7 spot in our “Best Financial Mathematics Schools in the Great Lakes Region” ranking. The estimated yearly cost for UC is $22,415 for great lakes region financial math students.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The undergrad student loan default rate at the school is 4.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Financial Mathematics at University of Cincinnati - Main Campus

4

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #4 on our 2023 Best Value Financial Math Schools in the Great Lakes Region list. IU Bloomington is located in Bloomington, Indiana and, has a large student population. In 2020-2021, this school awarded 110 ’s financial math degrees to qualified students.

IU Bloomington also took the #5 spot in our “Best Financial Mathematics Schools in the Great Lakes Region” ranking. The yearly cost to attend IU Bloomington is $14,619 for Great Lakes Region Financial Math students.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full IU Bloomington Financial Mathematics Report

5

Out of the 10 schools in the Best Value Financial Math Schools 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 106 ’s financial math degrees in 2020-2021.

As a testament to the quality of education offered at Ohio State, the school also landed the #4 spot in our “Best Financial Mathematics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Ohio State University - Main Campus is $16,845 for Great Lakes Region Financial Math students.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 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 more about Financial Mathematics at Ohio State

6

University of Illinois at Chicago landed the #6 spot on the 2023 Best Value Financial Math Schools in the Great Lakes Region ranking. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 17 ’s degrees in 2020-2021.

UIC also took the #10 spot in our “Best Financial Mathematics Schools in the Great Lakes Region” ranking. The yearly cost to attend University of Illinois at Chicago is $13,214 for great lakes region financial math students.

The school has an impressive undergrad student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Read more about Financial Mathematics at UIC

7
Wayne State crest
Wayne State University
Detroit, Michigan

Wayne State University did quite well in the 2023 Best Value Financial Math Schools in the Great Lakes Region ranking, coming in at #7. Wayne State University is a large school located in Detroit, Michigan that handed out 5 ’s financial math degrees in 2020-2021.

Wayne State also took the #9 spot in our “Best Financial Mathematics Schools in the Great Lakes Region” ranking. The estimated yearly cost for Wayne State University is $13,962 for great lakes region financial math students.

Full Wayne State Financial Mathematics Report

8
Wabash crest
Wabash College
Crawfordsville, Indiana

Wabash College did quite well in the 2023 Best Value Financial Math Schools in the Great Lakes Region ranking, coming in at #8. Wabash College is a small school located in Crawfordsville, Indiana that handed out 3 ’s financial math degrees in 2020-2021.

Wabash also made our “Best Financial Mathematics Schools in the Great Lakes Region” list, coming in at #8. The estimated yearly cost for Wabash is $22,910 for Great Lakes Region Financial Math students.

The low undergrad student loan default rate of 2.8% 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 undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Financial Mathematics at Wabash

9
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame ranked #9 on this year’s Best Value Financial Math Schools in the Great Lakes Region list. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 71 ’s financial math degrees in 2020-2021.

Notre Dame not only placed well in this ranking. It is also #2 on our “Best Financial Mathematics Schools in the Great Lakes Region” list. The estimated yearly cost for Notre Dame is $31,101 for great lakes region financial math 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 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%.

Full Notre Dame Financial Mathematics Report

10
UChicago crest
University of Chicago
Chicago, Illinois

University of Chicago came in at #10 in this year’s edition of the Best Value Financial Math Schools in the Great Lakes Region ranking. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 161 degrees to qualified ’s financial math students in 2020-2021.

As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Financial Mathematics Schools in the Great Lakes Region” ranking. The estimated yearly cost for UChicago is $28,517 for Great Lakes Region Financial Math students.

The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.

Read full report on Financial Mathematics at UChicago

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