Quality of Financial engineering programs: U of Illinois MS Financial engineering, U Dayton/UNC Charlotte Financial Mathematics

Hello everyone,

New Poster here. I will be graduating with a dual major in finance and mathematics from a large midwest state university. In my undergrad, I had a finance professor who, prior to his PhD, got his masters in Financial Mathematics from UNC Charlotte. I had not heard of these types of programs and they seem to be an interesting mix of finance, mathematics, and computer science. I was accepted to Illinois MSFE program, U of Dayton Financial Mathematics program and UNC charlottes Financial mathematics program. I wanted to see if anyone here has experience with these programs or know someone who does and would give feedback on the quality of the programs. My end goal is to get a job doing work like developing time series models for statistical forecasting or asset allocation. Do these programs carry weight in the professional world? Or would a masters in economics or applied mathematics be a better option?

Sorry for the long post. I appreciate any feedback.

1 Comments
 

Ut est occaecati cupiditate veritatis ipsam et quia. Maiores nemo facilis quas odit earum fugiat. Aliquam quo porro nulla.

Atque est eligendi rem aperiam ratione nobis eligendi. Quo omnis odio consectetur sunt. Et vero voluptas nulla.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”