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2023 Most Popular Master’s Degree Colleges for Financial Mathematics in the Great Lakes Region

12 Ranked Colleges
663 Degrees Awarded
$35,100 Avg Cost*
Most Well Attended Financial Math Major in the Great Lakes Region for a Master's

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 “Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s” ranking.

In 2020-2021, 4,612 people earned their degree in financial mathematics, making the major the 153rd most popular in the United States.

Across the Great Lakes region, there were 716 financial mathematics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 663 financial mathematics graduates with average earnings and debt of $58,892 and $0 respectively.

For this year’s “Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s” ranking, we looked at 12 colleges that offer a degree in financial mathematics. The schools that top this list are recognized because they have one of the most popular financial mathematics programs in the United States.

For more information, check out our ranking methodology.

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The financial math school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s”.

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.

Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s

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

1
UChicago crest
University of Chicago
Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s list. This fairly large school is located in Chicago, Illinois, and it awarded 161 masters’s financial math degrees in 2020-2021.

The school has an excellent freshman retention rate of 100%, which means students like the school well enough to return for a second year. The impressive undergraduate student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.

Read full report on Financial Mathematics at University of Chicago

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 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 121 masters’s degrees in 2020-2021.

The low undergrad student loan default rate of 2.3% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its undergraduate students.

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

3

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #3 on our 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s list. IU Bloomington is located in Bloomington, Indiana and, has a large student population. In 2020-2021, this school awarded 110 masters’s financial math degrees to qualified students.

The low undergrad student loan default rate of 3.4% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Full Indiana University - Bloomington Financial Mathematics Report

4

Out of the 12 schools in the Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s that were part of this year’s ranking, Ohio State University - Main Campus landed the #4 spot on the list. Ohio State is a large public school situated in Columbus, Ohio. It awarded 106 masters’s financial math degrees in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Full Ohio State University - Main Campus Financial Mathematics Report

5
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

Out of the 12 schools in the Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s that were part of this year’s ranking, University of Notre Dame landed the #5 spot on the list. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s financial math degrees to 71 students in 2020-2021.

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%. With a freshman retention rate of 97%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Financial Mathematics at University of Notre Dame

6
DePaul crest
DePaul University
Chicago, Illinois

With a ranking of #6, DePaul University did quite well on the 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s list. Located in Chicago, Illinois, this large private not-for-profit school handed out 35 diplomas to qualified masters’s financial math students in 2020-2021.

The low undergrad student loan default rate of 3.7% 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%.

Full DePaul University Financial Mathematics Report

7

With a ranking of #7, University of Cincinnati - Main Campus did quite well on the 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s list. University of Cincinnati - Main Campus is a large school located in Cincinnati, Ohio that handed out 33 masters’s financial math degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The school has an impressive undergrad student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%.

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

8

University of Illinois at Chicago came in at #8 in this year’s edition of the Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s ranking. UIC is a large public school situated in Chicago, Illinois. It awarded 17 masters’s financial math degrees in 2020-2021.

The low undergrad student loan default rate of 2.5% 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%.

Full University of Illinois at Chicago Financial Mathematics Report

9

Illinois Institute of Technology came in at #9 in this year’s edition of the Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s ranking. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s financial math degrees to 6 students in 2020-2021.

Since the school has a undergrad student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. The school has an impressive undergrad student loan default rate. It’s only 1.9%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Financial Mathematics at Illinois Institute of Technology

10

With a ranking of #10, University of Dayton did quite well on the 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s list. This fairly large school is located in Dayton, Ohio, and it awarded 2 masters’s financial math degrees in 2020-2021.

The low undergrad student loan default rate of 1.4% 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%. With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students.

Read more about Financial Mathematics at University of Dayton

11

Northern Illinois University did quite well in the 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s ranking, coming in at #11. Located in Dekalb, Illinois, this fairly large public school handed out 1 diplomas to qualified masters’s financial math students in 2020-2021.

Read full report on Financial Mathematics at Northern Illinois University

12

Case Western Reserve University did quite well in the 2023 Most Well Attended Financial Math Major in the Great Lakes Region for a Master’s ranking, coming in at #12. Case Western is a private not-for-profit institution located in Cleveland, Ohio. The school has a fairly large population, and it awarded 0 masters’s degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low undergrad student loan default rate of 1.5% 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%.

Read more about Financial Mathematics at Case Western

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