![Risk.net](https://www.risk.net/sites/default/files/styles/print_logo/public/2018-09/print-logo.png?itok=1TpHrpuP)
Quant Guide 2020: Princeton University
Princeton, New Jersey, US
![QUANT 31-princeton_CampLife_02-web.jpg](/sites/default/files/styles/landscape_750_463/public/2017-06/QUANT%2031-princeton_CampLife_02-web.jpg.webp?h=40a596e5&itok=trFC4pQ3)
Princeton University’s Master in Finance tops Risk.net’s quant guide rankings for the second year in a row – the programme boasts a 100% employment rate in financial services for its graduates in the last four years, and an average basic compensation of $120,000. Based at the Bendheim Center for Finance, it is led by professor René Carmona.
The two-year, four-semester programme looks to keep pace with the changing demands of industry: besides the usual core and elective courses and a research project, Master of Finance students can earn a recently introduced machine learning certificate from Princeton’s Center for Statistics and Machine Learning. Requirements for the certificate include the completion of machine learning, statistics and probability courses, plus a graduate seminar that does not contribute credits towards the master’s degree itself.
Carmona says several new staff have joined the programme: Mete Soner, who lectures on stochastic control and financial mathematics; Matias Cattaneo, who teaches regression and time-series analysis; and Michael Junho Lee, a visiting lecturer in finance from the Federal Reserve Bank of New York. Financial engineering professor John Mulvey will be co-teaching an online course on Python and machine learning in asset management on e-learning platform Coursera.
Single-semester master’s projects in machine learning are also proving popular; most students, Carmona says, are choosing to complete such work as a part of the optional certificate. Besides that, Master of Finance candidates are showing interest in the computational finance, C++ and high-frequency markets modules.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Quantitative finance
Quant Finance Master’s Guide 2023
Risk.net’s guide to the world’s leading quant master’s programmes, with the top 25 schools ranked
Baruch topples Princeton in Risk.net’s quant master’s rankings
US schools cement top five dominance as graduate salaries soar
Is it worth doing a quant master’s degree?
UBS’s Gordon Lee – veteran quant and grad student supervisor – asks the hard question
Starting salaries jump for top quant grads
Quant Guide 2022: Goldman’s move to pay postgrads more is pushing up incomes, says programme director
Quant Finance Master’s Guide 2022
Risk.net’s guide to the world’s leading quant master’s programmes, with the top 25 schools ranked
Princeton, Baruch and Berkeley top for quant master’s degrees
Eight of 10 leading schools for quantitative finance programmes are based in US, latest rankings show
Quant grad conveyor belt stalls as banks retrench
Jobs market is long quant graduates, short vacancies – but hiring freeze shows signs of thawing
Quant Finance Master’s Guide 2021
Risk.net’s guide to the world’s leading quant master’s programmes, with the top 25 schools ranked