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Written by Vincent Hedman
The United States is a global leader in finance education. Its top universities combine strong academic reputation, cutting-edge research, and industry links. If you're aiming for a Masters in finance, these institutions are among the best places to launch your career.
In this guide, I’ll walk you through which US universities are leading in finance, how different ranking systems favour different strengths, and what to watch out for if you’re applying from abroad. I’ll also share practical advice to help you pick the right programme.
There are many reasons why someone might want to study Finance at a university in the USA. Here are just a few:
The following tables gives the 10 top universities in the USA for Finance, according to global and local university rankings. It can show you which American universities are amongst the best in the world - and help you compare institutions on an international level.
This information is based on the latest rankings tables, researched and published by Times Higher Education, QS and Academic Ranking of World Universities (ARWU).
Each ranking system uses its own methodology, with different factors having more or less influence on a university's result.
If you're wondering how these rankings affect your decision, our guide has more information on how to use international rankings as a postgraduate.
| University | USA Rank | Global Rank |
|---|---|---|
| Massachusetts Institute of Technology | 1 | 1 |
| Stanford University | 2 | 2 |
| Harvard University | 3 | 4 |
| University of Chicago | 4 | 5 |
| Yale University | 5 | 9 |
| Columbia University | 6 | =11 |
| University of Pennsylvania | 7 | 13 |
| Northwestern University | 8 | 14 |
| Duke University | 9 | 17 |
| New York University | 10 | 18 |
| This information is based on the latest rankings tables, researched and published by Times Higher Education. Visit their website for more information. | ||
The Times Higher Education rankings are strong in academic focus and diverse teaching metrics, but do not include employer-specific metrics. Additionally, the rankings may not include all specialist institutions.
| University | USA Rank | Global Rank |
|---|---|---|
| Harvard University | 1 | 1 |
| Massachusetts Institute of Technology | =2 | =2 |
| Stanford University | =2 | =2 |
| University of Chicago | 4 | 5 |
| University of Pennsylvania | 5 | 8 |
| University of California, Berkeley | 6 | 9 |
| New York University | 7 | 10 |
| Columbia University | 8 | 11 |
| Yale University | 9 | 13 |
| University of California, Los Angeles | 10 | 16 |
| This information is based on the latest rankings tables, researched and published by QS World University Rankings. Visit their website for more information. | ||
The QS World University Rankings are designed to meet the needs of prospective students, with more weight given to student-centric metrics such as staff/student ratio, international recruitment and employer opinion. The rankings are balanced between qualitative and quantitative data, but give less weight to research than some other rankings.
| University | USA Rank | Global Rank |
|---|---|---|
| University of Chicago | 1 | 1 |
| Harvard University | 2 | 2 |
| Columbia University | 3 | 3 |
| New York University | 4 | 4 |
| University of Pennsylvania | 5 | 5 |
| Washington University in St Louis | 6 | 6 |
| Yale University | 7 | 7 |
| Stanford University | 8 | 10 |
| University of California, Berkeley | 9 | 11 |
| University of Southern California | 10 | 14 |
| This information is based on the latest rankings tables, researched and published by Academic Ranking of World Universities. Visit their website for more information. | ||
The ARWU rankings reflect the presence of elite academics and the future academic success of graduates. However, they do not directly assess the quality of education at a university or take into account other aspects of university performance.
Choosing a finance programme isn’t just about the name or prestige. After digging into dozens of rankings and student feedback, here are a few tips I’d tell you over coffee:
The QS Masters in Finance rankings, Financial Times, and US News are often referenced. Each uses different metrics. Some weigh alumni pay heavily, while others favour research output or employer reputation.
Yes, though it depends on the school. Some universities offer scholarships, assistantships, or fellowships to non-US students. Always check the finance department’s funding page.
No. A university slightly lower in the rankings but with great faculty in your interest area, good internship ties, and a supportive environment might be the better choice.