2022 Best Value Master’s Degree Colleges for Financial Mathematics in Illinois

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Financial Math Schools for a Master’s in Illinois” ranking.

In 2019-2020, 4,421 people earned their degree in financial mathematics, making the major the 174th most popular in the United States.

Across Illinois, there were 290 financial mathematics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 284 financial mathematics graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value Financial Math Schools for a Master’s in Illinois” ranking, we looked at 4 colleges that offer 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.

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. For more information, check out our ranking methodology.

More Ways to Rank Financial Mathematics Schools

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 for a Master’s in Illinois” ranking, along with many other major-related rankings, to help you make that decision.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Financial Math Schools for a Master’s in Illinois

The colleges and universities below are the best for illinois master’s degree financial math students.

Top 4 Best Value Master’s Degree Colleges for Financial Mathematics in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#2 in overall quality

$30,083 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Financial Math Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 130 masters’s financial math degrees to qualified students.

UIUC also took the #2 spot in our “Best Financial Mathematics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read more about Financial Mathematics at UIUC

#2

DePaul University

Chicago, Illinois

#3 in overall quality

$19,760 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend DePaul University. It ranked #2 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois list. DePaul University is a large private not-for-profit school situated in Chicago, Illinois. It awarded 44 masters’s financial math degrees in 2019-2020.

DePaul did well in our major quality rankings, too. It placed #3 on our “Best Financial Mathematics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at DePaul are $19,760.

Full DePaul Financial Mathematics Report

#3

University of Illinois at Chicago

Chicago, Illinois

#4 in overall quality

$27,036 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Financial Math Schools for a Master’s in Illinois list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s financial math degrees to 13 students in 2019-2020.

UIC also made our “Best Financial Mathematics Master’s Degree Schools in Illinois” list, coming in at #4. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

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

#4

University of Chicago

Chicago, Illinois

#1 in overall quality

$61,548 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Financial Math Schools for a Master’s in Illinois that were part of this year’s ranking, University of Chicago landed the #4 spot on the list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 86 masters’s financial math degrees to qualified students.

UChicago not only placed well in this ranking. It is also #1 on our “Best Financial Mathematics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Read more about Financial Mathematics at UChicago

• Best Value Master’s Degree Colleges for Financial Mathematics in the Great Lakes Region
• Best Value Master’s Degree Colleges for Financial Mathematics

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.

Credits

• Credit for the banner image above goes to Steven G. Johnson.

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