Rankings / Masters
Best Master's in Mathematics
- 50
- Schools
- $87,152
- Avg. Earnings
- 89%
- Avg. Graduation
- $25,510
- Avg. Net Price
- $18,138
- Avg. Debt
CollegeRanker Research
What Surprised Us Most
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Graduate earnings span a wide band on this list, from $56,280 at the low end to $143,372 at the top. That 2.5× spread shows how much outcomes vary within a single category.
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Stanford University offers the strongest payback. Graduates earn a median of $124,080 against $13,807 in annual net price, the best earnings-to-cost ratio in this ranking.
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The most budget-friendly option on this list is New Mexico Institute of Mining and Technology, at $9,873 annually in net price.
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Completion rates separate this field: Harvard University graduates 97% of its students, well above the 89% list average. Finishing what you start matters as much as where you start.
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Debt-to-earnings ratios favor Massachusetts Institute of Technology: graduates owe only 0.10× their yearly income, the most manageable debt burden on the list.
Surprising Comparisons
- Price and payoff diverge sharply here. New Mexico Institute of Mining and Technology ($9,873/yr) and Fordham University ($44,338/yr) produce graduates earning $76,489 and $85,569 respectively, a far narrower earnings gap than the $34,465 cost difference would suggest.
- On a cost-adjusted basis, Stanford University outperforms Massachusetts Institute of Technology: similar career earnings at a much lower net price.
- Completion is where this ranking's schools diverge most: Harvard University graduates 97% of its students versus 57% at New Mexico Institute of Mining and Technology. Access without completion is opportunity unclaimed.
The Takeaway
The schools that win this ranking are not the priciest or the most selective. They turn students into earners without burying them in debt, which is exactly what our outcomes-first methodology is built to surface.
What This Means for Students
If you are choosing from this list, start with Stanford University and Harvard University. Pull each school's net price for your income band, weigh projected earnings against the debt you would take on, and let payoff rather than prestige drive your shortlist.
Why this ranking matters
These schools are ranked on outcomes that compound: graduate earnings, upward mobility, debt, and value, all drawn from federal tax records and Scorecard data rather than reputation surveys. The list rewards results over prestige, led by institutions whose graduates earn a median of about $80K ten years after enrollment.
How we measure this — full methodology →How we rank · 4 pillars
Federal-source data only. Build your own weighting →
Data Behind This Page Updated 2026-07-13
Source datasets
Methodology
Schools are scored on the CollegeRanker 4-Pillar Algorithm: Economic Outcomes (30%), Social Mobility (25–35%), Academic Quality (15–20%), and Value (20–25%). Every weight is published and every figure traces to a public dataset.
See the full methodology and weights →Confidence notes
- Earnings, completion, and debt figures come from federal administrative records — tax data and student-aid filings — not surveys or self-reports, the highest-confidence tier of education data available.
- Social-mobility estimates are drawn from de-identified tax records covering more than 30 million students (Opportunity Insights).
- Where an institution is missing a metric, it is excluded from that metric rather than imputed, so averages are never inflated by guesses.
Limitations
- Federal earnings data primarily cover students who received federal financial aid; outcomes for non-aided students may differ.
- Earnings are measured roughly ten years after enrollment, so they describe how earlier cohorts fared — historical outcomes, not guarantees of future results.
- An institution's field-of-study mix affects raw earnings; scores reflect measured outcomes and are not fully major-adjusted unless explicitly noted.
- Net price is an average; the actual cost a given student pays varies widely by family income.
At a Glance
How the Top Schools Compare
| School | Earnings | Net Price | Graduation | Score |
|---|---|---|---|---|
| 1 Massachusetts Institute of Technology #1 overall | $143,372 ▲ +65% vs avg | $20,111 | 96% | 91 |
| 2 Stanford University #2 overall | $124,080 ▲ +42% vs avg | $13,807 | 92% | 90 |
| 3 Harvard University #3 overall | $101,817 ▲ +17% vs avg | $19,066 | 97% | 88 |
| $91,885 ▲ +5% vs avg | $14,860 | 95% | 88 | |
| $93,487 ▲ +7% vs avg | $25,184 | 96% | 87 |
Score uses our 4-pillar methodology. Earnings % is vs. this list's average.
See full ranking →Executive Summary
Best Master's in Mathematics
This analysis ranks 50 institutions on graduate earnings, social mobility, completion, and cost. Across the list, alumni earn a median of $87,152 ten years after enrolling, against an average graduation rate of 89% and an average net price of $25,510.
Key takeaways
- Strongest Earnings-to-Cost Ratio: Stanford University — Net Price: $13,807 | Graduation Rate: 92%
- Strongest Completion Outcomes: Harvard University — 97% completion rate
- Highest Earnings Generator: Massachusetts Institute of Technology — Median alumni earnings: $143,372
Our Analysis Found
The most expensive quartile of colleges costs 373% more than the most affordable — but their graduates earn just 34% more.
Opportunity & Mobility Analysis
What does this ranking tell us about opportunity, mobility, and the future of higher education in America?
$80,374
Median earnings (10yr)
91%
Median graduation rate
$25,249
Median net price
2.0%
Avg. mobility rate
This national ranking strips away reputation and looks at what colleges deliver: earnings, completion, mobility, and affordability. The schools at the top are not necessarily the most famous or the most selective. They are the ones producing strong outcomes for a broad cross-section of students, the truest measure of institutional effectiveness.
Across the 50 schools on this list, graduates earn a median of $80,374 ten years after they first enrolled, about $32,374 more than the roughly $48,000 a typical American worker takes home. The median graduation rate is 91%. Net price, what students pay after grants, runs a median of $25,249 a year, with about $18,250 in median federal debt at graduation. An average of 17% of students receive Pell grants, and the typical school moves low-income students into the top income quintile at a rate of 2.0%.
The schools winning this ranking combine strong outcomes with broad access. Stevens Institute of Technology leads on mobility, and list-wide median earnings reach $80,374. The institutions rising to the top are the ones leaving students measurably better off.
The podium
Build your ranking
Drag a pillar — schools re-rank live.
Tip: Check the box on any 2–4 schools below to compare them side by side.
Full rankings
Why it ranks #1
Massachusetts Institute of Technology lands at #1 with a 91/100 composite, led by academic quality (97/100) and pulled down by value per dollar (81/100). Graduates earn a median $143,372 a decade after enrolling, 65% above this list's average, and net price runs $20,111 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #2
Stanford University lands at #2 with a 90/100 composite, led by academic quality (97/100) and pulled down by social mobility (83/100). Graduates earn a median $124,080 a decade after enrolling, 42% above this list's average, and net price runs $13,807 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #3
Harvard University lands at #3 with a 88/100 composite, led by academic quality (97/100) and pulled down by value per dollar (74/100). Graduates earn a median $101,817 a decade after enrolling, 17% above this list's average, and net price runs $19,066 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #4
University of Chicago lands at #4 with a 88/100 composite, led by academic quality (92/100) and pulled down by social mobility (83/100). Graduates earn a median $91,885 a decade after enrolling, 5% above this list's average, and net price runs $14,860 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #5
Brown University lands at #5 with a 87/100 composite, led by academic quality (86/100) and pulled down by value per dollar (78/100). Graduates earn a median $93,487 a decade after enrolling, 7% above this list's average, and net price runs $25,184 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #6
California Institute of Technology lands at #6 with a 86/100 composite, led by academic quality (96/100) and pulled down by social mobility (82/100). Graduates earn a median $128,566 a decade after enrolling, 48% above this list's average, and net price runs $16,075 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #7
Johns Hopkins University lands at #7 with a 85/100 composite, led by academic quality (93/100) and pulled down by value per dollar (82/100). Graduates earn a median $87,555 a decade after enrolling, 0% above this list's average, and net price runs $18,809 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #8
Rice University lands at #8 with a 84/100 composite, led by academic quality (84/100) and pulled down by value per dollar (81/100). Graduates earn a median $89,718 a decade after enrolling, 3% above this list's average, and net price runs $13,370 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #9
Carnegie Mellon University lands at #9 with a 84/100 composite, led by academic quality (90/100) and pulled down by value per dollar (57/100). Graduates earn a median $114,862 a decade after enrolling, 32% above this list's average, and net price runs $31,944 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #10
Williams College lands at #10 with a 84/100 composite, led by academic quality (93/100) and pulled down by economic outcomes (81/100). Graduates earn a median $88,665 a decade after enrolling, 2% above this list's average, and net price runs $17,716 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #11
Yale University lands at #11 with a 84/100 composite, led by academic quality (92/100) and pulled down by value per dollar (64/100). Graduates earn a median $100,533 a decade after enrolling, 15% above this list's average, and net price runs $23,777 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #12
Amherst College lands at #12 with a 84/100 composite, led by academic quality (96/100) and pulled down by value per dollar (77/100). Graduates earn a median $77,644 a decade after enrolling, 11% below this list's average, and net price runs $23,367 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #13
University of Pennsylvania lands at #13 with a 83/100 composite, led by economic outcomes (90/100) and pulled down by value per dollar (74/100). Graduates earn a median $111,371 a decade after enrolling, 28% above this list's average, and net price runs $28,699 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #14
Pomona College lands at #14 with a 83/100 composite, led by academic quality (96/100) and pulled down by value per dollar (77/100). Graduates earn a median $77,779 a decade after enrolling, 11% below this list's average, and net price runs $19,285 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #15
Duke University lands at #15 with a 82/100 composite, led by academic quality (90/100) and pulled down by value per dollar (73/100). Graduates earn a median $97,800 a decade after enrolling, 12% above this list's average, and net price runs $29,612 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #16
Swarthmore College lands at #16 with a 82/100 composite, led by academic quality (94/100) and pulled down by value per dollar (70/100). Graduates earn a median $80,257 a decade after enrolling, 8% below this list's average, and net price runs $23,149 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Chapel Hill, NC · 15% accepted · $11,655 net
Why it ranks #17
University of North Carolina at Chapel Hill lands at #17 with a 82/100 composite, led by academic quality (85/100) and pulled down by economic outcomes (77/100). Graduates earn a median $72,200 a decade after enrolling, 17% below this list's average, and net price runs $11,655 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #18
Bowdoin College lands at #18 with a 82/100 composite, led by academic quality (93/100) and pulled down by economic outcomes (79/100). Graduates earn a median $82,735 a decade after enrolling, 5% below this list's average, and net price runs $14,398 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #19
Dartmouth College lands at #19 with a 81/100 composite, led by economic outcomes (84/100) and pulled down by value per dollar (72/100). Graduates earn a median $97,434 a decade after enrolling, 12% above this list's average, and net price runs $29,519 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
New York, NY · 4% accepted · $21,590 net
Why it ranks #20
Columbia University in the City of New York lands at #20 with a 81/100 composite, led by academic quality (86/100) and pulled down by value per dollar (71/100). Graduates earn a median $102,491 a decade after enrolling, 18% above this list's average, and net price runs $21,590 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #21
Emory University lands at #21 with a 81/100 composite, led by social mobility (82/100) and pulled down by value per dollar (70/100). Graduates earn a median $80,137 a decade after enrolling, 8% below this list's average, and net price runs $22,585 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.
Pillar breakdown
Why it ranks #22
Colby College lands at #22 with a 80/100 composite, led by academic quality (90/100) and pulled down by value per dollar (76/100). Graduates earn a median $80,490 a decade after enrolling, 8% below this list's average, and net price runs $17,180 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #23
Haverford College lands at #23 with a 80/100 composite, led by academic quality (90/100) and pulled down by value per dollar (71/100). Graduates earn a median $79,966 a decade after enrolling, 8% below this list's average, and net price runs $25,314 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #24
Davidson College lands at #24 with a 80/100 composite, led by academic quality (91/100) and pulled down by value per dollar (72/100). Graduates earn a median $81,400 a decade after enrolling, 7% below this list's average, and net price runs $17,379 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #25
Carleton College lands at #25 with a 79/100 composite, led by academic quality (91/100) and pulled down by value per dollar (62/100). Graduates earn a median $75,525 a decade after enrolling, 13% below this list's average, and net price runs $25,407 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #26
Bates College lands at #26 with a 79/100 composite, led by academic quality (89/100) and pulled down by value per dollar (71/100). Graduates earn a median $69,498 a decade after enrolling, 20% below this list's average, and net price runs $29,351 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #27
Smith College lands at #27 with a 78/100 composite, led by academic quality (90/100) and pulled down by economic outcomes (71/100). Graduates earn a median $64,027 a decade after enrolling, 27% below this list's average, and net price runs $27,579 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #28
The University of Texas at Austin lands at #28 with a 78/100 composite, led by academic quality (86/100) and pulled down by value per dollar (63/100). Graduates earn a median $75,121 a decade after enrolling, 14% below this list's average, and net price runs $19,857 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #29
Hamilton College lands at #29 with a 78/100 composite, led by academic quality (86/100) and pulled down by value per dollar (63/100). Graduates earn a median $78,411 a decade after enrolling, 10% below this list's average, and net price runs $28,985 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #30
Grinnell College lands at #30 with a 77/100 composite, led by academic quality (88/100) and pulled down by economic outcomes (71/100). Graduates earn a median $62,830 a decade after enrolling, 28% below this list's average, and net price runs $17,648 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Socorro, NM · 44% accepted · $9,873 net
Why it ranks #31
New Mexico Institute of Mining and Technology lands at #31 with a 77/100 composite, led by social mobility (81/100) and pulled down by academic quality (71/100). Graduates earn a median $76,489 a decade after enrolling, 12% below this list's average, and net price runs $9,873 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.
Pillar breakdown
Why it ranks #32
Wesleyan University lands at #32 with a 76/100 composite, led by academic quality (91/100) and pulled down by value per dollar (67/100). Graduates earn a median $73,897 a decade after enrolling, 15% below this list's average, and net price runs $30,177 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #33
Wake Forest University lands at #33 with a 75/100 composite, led by social mobility (80/100) and pulled down by value per dollar (65/100). Graduates earn a median $78,158 a decade after enrolling, 10% below this list's average, and net price runs $28,719 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.
Pillar breakdown
Why it ranks #34
Bryn Mawr College lands at #34 with a 75/100 composite, led by academic quality (86/100) and pulled down by value per dollar (51/100). Graduates earn a median $75,217 a decade after enrolling, 14% below this list's average, and net price runs $31,759 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #35
Stevens Institute of Technology lands at #35 with a 75/100 composite, led by academic quality (92/100) and pulled down by value per dollar (31/100). Graduates earn a median $108,772 a decade after enrolling, 25% above this list's average, and net price runs $41,346 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #36
University of Rochester lands at #36 with a 75/100 composite, led by social mobility (81/100) and pulled down by value per dollar (57/100). Graduates earn a median $79,042 a decade after enrolling, 9% below this list's average, and net price runs $29,278 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.
Pillar breakdown
Why it ranks #37
Fordham University lands at #37 with a 75/100 composite, led by academic quality (89/100) and pulled down by value per dollar (28/100). Graduates earn a median $85,569 a decade after enrolling, 2% below this list's average, and net price runs $44,338 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #38
New York University lands at #38 with a 75/100 composite, led by academic quality (84/100) and pulled down by value per dollar (51/100). Graduates earn a median $82,509 a decade after enrolling, 5% below this list's average, and net price runs $37,050 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #39
Harvey Mudd College lands at #39 with a 75/100 composite, led by academic quality (95/100) and pulled down by value per dollar (38/100). Graduates earn a median $138,687 a decade after enrolling, 59% above this list's average, and net price runs $35,924 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #40
College of the Holy Cross lands at #40 with a 75/100 composite, led by academic quality (87/100) and pulled down by value per dollar (46/100). Graduates earn a median $90,543 a decade after enrolling, 4% above this list's average, and net price runs $38,782 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #41
Colorado School of Mines lands at #41 with a 74/100 composite, led by economic outcomes (83/100) and pulled down by value per dollar (53/100). Graduates earn a median $97,335 a decade after enrolling, 12% above this list's average, and net price runs $28,690 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #42
Virginia Military Institute lands at #42 with a 74/100 composite, led by academic quality (82/100) and pulled down by value per dollar (57/100). Graduates earn a median $77,369 a decade after enrolling, 11% below this list's average, and net price runs $17,113 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #43
Rensselaer Polytechnic Institute lands at #43 with a 74/100 composite, led by economic outcomes (84/100) and pulled down by value per dollar (38/100). Graduates earn a median $102,051 a decade after enrolling, 17% above this list's average, and net price runs $36,228 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.
Pillar breakdown
Why it ranks #44
Truman State University lands at #44 with a 74/100 composite, led by social mobility (81/100) and pulled down by economic outcomes (67/100). Graduates earn a median $56,280 a decade after enrolling, 35% below this list's average, and net price runs $12,780 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.
Pillar breakdown
Why it ranks #45
Vassar College lands at #45 with a 74/100 composite, led by academic quality (89/100) and pulled down by value per dollar (47/100). Graduates earn a median $71,366 a decade after enrolling, 18% below this list's average, and net price runs $39,343 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #46
Franklin and Marshall College lands at #46 with a 73/100 composite, led by academic quality (84/100) and pulled down by value per dollar (51/100). Graduates earn a median $76,124 a decade after enrolling, 13% below this list's average, and net price runs $36,425 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #47
Colorado College lands at #47 with a 73/100 composite, led by social mobility (84/100) and pulled down by value per dollar (59/100). Graduates earn a median $65,222 a decade after enrolling, 25% below this list's average, and net price runs $33,375 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.
Pillar breakdown
Why it ranks #48
Kenyon College lands at #48 with a 73/100 composite, led by academic quality (87/100) and pulled down by value per dollar (49/100). Graduates earn a median $71,830 a decade after enrolling, 18% below this list's average, and net price runs $38,512 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #49
Wabash College lands at #49 with a 73/100 composite, led by academic quality (83/100) and pulled down by value per dollar (47/100). Graduates earn a median $69,952 a decade after enrolling, 20% below this list's average, and net price runs $24,336 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Why it ranks #50
Pitzer College lands at #50 with a 73/100 composite, led by academic quality (87/100) and pulled down by value per dollar (56/100). Graduates earn a median $69,512 a decade after enrolling, 20% below this list's average, and net price runs $34,191 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.
Pillar breakdown
Cut it by what you care about
The same 50 schools, re-ranked by the outcome that matters to you.
Where the programs are
Master's programs in Mathematics are a critical stepping stone for those looking to advance their careers in data analysis, finance, or academia. With an average earning of $88,688 for graduates, pursuing this degree can lead to significant financial returns. Many students are now weighing their options among the top institutions that offer robust mathematics programs.
What sets the best schools apart are their outcomes: graduate earnings, mobility, debt levels, and completion rates. The elite programs showcase impressive graduation rates, often exceeding 90%, which speaks to the support and resources available to students. Below, you’ll find a list of 50 schools ranked based on these metrics, allowing you to see how different institutions stack up in terms of real-world results.
For example, the Massachusetts Institute of Technology leads the pack with an impressive average earning of $143,372 and a graduation rate of 96%. In contrast, the University of Chicago, while still strong, has lower earnings at $91,885 and a graduation rate of 95%. This highlights the trade-offs between different programs and the importance of choosing a school that aligns with your career goals and financial expectations.
The story behind the ranking
A ranking gives you an order; these charts give you the shape. They show how this group of schools spreads across the four things that decide whether a degree pays off — what graduates earn, whether they finish, how far they move up, and what it costs. Look for the standouts, the outliers, and the trade-offs the list alone can't show.
Earnings Outcomes
What graduates earn 10 years after enrolling. Data from College Scorecard.
Distribution of Median Earnings
Earnings vs. Net Price
Top-left = best value. Top-ranked schools are highlighted.
Completion & Access
Graduation rates and who gets in. Data from College Scorecard & IPEDS.
Graduation Rates
Pell Grant Rate vs. Graduation Rate
Right = more low-income students. Higher = more graduate.
What the Mobility Data Says
The backbone of this ranking is social-mobility data from Raj Chetty's Mobility Report Card, which draws on more than 30 million tax records. A school's mobility rate is the share of its students who move from the bottom income quintile to the top. Among the 50 schools on this list with available data, that rate averages 2%. Stevens Institute of Technology leads the group at 4.3%, with New Mexico Institute of Mining and Technology (4%) and Fordham University (4%) close behind.
Who gets in matters as much as what happens after. Across these schools, an average of 4.2% of students start in the bottom income quintile. Brown University leads at 11.5%, which signals an admissions door that is actually open to low-income students. Schools that pair high access with high mobility are the ones driving generational change.
Once low-income students enroll, their odds of reaching the top income quintile average 47.5% across this list. Harvey Mudd College posts the highest success rate at 74.4%. Access without completion and career momentum is an incomplete picture, and this is the number that completes it.
Social capital, measured by economic connectedness, captures the degree of cross-class friendship on campus, another dimension Opportunity Insights ties to long-run outcomes. Across these schools it averages 1.78 against a national benchmark of 1.0. Pitzer College reaches 1.89, the highest on the list.
Mobility, access, and social-capital figures from Raj Chetty's Mobility Report Card & the Opportunity Insights Social Capital Atlas.
Cost & Debt
What families actually pay and what students owe. Data from College Scorecard.
Median Debt at Graduation
Where These Schools Are Located
When comparing the data, a striking pattern emerges between the Massachusetts Institute of Technology and Brown University. MIT's graduates earn $143,372, significantly higher than Brown's $93,487. However, Brown has a higher net price of $25,184 compared to MIT's $20,111, which can affect the overall return on investment for students considering these programs.
Now that you've seen the rankings, it's essential to weigh this information against your own priorities. Consider factors such as location, campus culture, and financial situation when making your decision. For instance, if you're focused on minimizing debt, Stanford's lower debt levels might be appealing compared to MIT's, even if its earning potential is slightly lower.
Ultimately, these figures illustrate the importance of education in achieving financial stability and upward mobility. One family's choice to invest in a mathematics graduate degree can lead to substantial long-term benefits. As you review your options, think about how the right program can shape your future and help you achieve your goals.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Frequently Asked Questions
Best Master's in Mathematics: Your Questions, Answered
What is the #1 school in the Best Master's in Mathematics ranking? +
Massachusetts Institute of Technology in Cambridge, MA ranks #1 in our 2026 Best Master's in Mathematics ranking. It earns the top spot on the strength of a median $143,372 in graduate earnings ten years after enrollment and a 96% graduation rate. Our score is built entirely from federal data on graduation rates, graduate earnings, debt, and social mobility. Reputation surveys play no part.
Which school has the highest graduate earnings? +
Massachusetts Institute of Technology posts the highest median earnings on this list: $143,372 ten years after enrollment, well above the $87,152 average across the 50 ranked schools with earnings data. Earnings that outpace cost are what separate a degree that pays off from one that does not.
Which school offers the best value? +
On a pure return-on-cost basis, Stanford University leads: graduates earn a median $124,080 against net price of about $13,807 a year, the strongest earnings-to-cost ratio in the ranking. Applicants should weigh that payback against sticker price rather than prestige.
Which school has the highest graduation rate? +
Harvard University has the highest graduation rate in this ranking at 97%, compared with a 89% average across the list. Completion matters because the students who finish are the ones who actually capture the earnings and mobility gains a degree promises.
How much does it cost to attend these schools? +
The average net price, meaning what students actually pay after grants and scholarships, is about $25,510 a year across the 50 ranked schools with cost data. New Mexico Institute of Mining and Technology is among the most affordable at roughly $9,873. Net price is a far better guide to affordability than the published sticker price.
How is the Best Master's in Mathematics ranking calculated? +
We score every school on a four-pillar algorithm: economic outcomes (graduate earnings and debt), social mobility (Raj Chetty's Mobility Report Card, built on more than 30 million anonymized tax records), academic quality (graduation and retention), and value (net price and loan burden). Social mobility carries the heaviest weight, so schools that lift low-income students into higher earnings rank above those that simply admit wealthy students. Every input comes from federal data, and schools that withhold their numbers are scored lower for it.
How many schools are ranked and where does the data come from? +
This ranking evaluates 50 institutions using the U.S. Department of Education's College Scorecard, the Opportunity Insights Mobility Report Card and Social Capital Atlas, Times Higher Education, and NCES IPEDS. There are no opinion surveys or paid placements. The order is determined by the data alone and refreshed as new federal figures are released.
Sources & Citations
Related Rankings
