Stevens Institute of Technology
Introduction
If you’re planning to study in the USA, especially near New York City, then Stevens Institute of Technology should be on your radar. Known as “The Innovation University,” Stevens combines engineering, business, and applied sciences with hands-on research and strong career outcomes.
This detailed guide covers everything — from history and location to fees, academics, rankings, admissions, student life, and career outcomes. To make it easy to digest, we’ve included column-style tables that summarize the most important facts.
Quick Info
| Feature | Details |
|---|---|
| University Name | Stevens Institute of Technology |
| Founded | 1870 |
| Location | Hoboken, New Jersey (Manhattan skyline view) |
| Campus Size | 55 acres |
| Type | Private Research University |
| Student Strength | ~8,000+ (UG + PG) |
| Schools | 1. Engineering & Science 2. Business 3. Humanities, Arts & Social Sciences |
| Popular Programs | Computer Science, Data Science, Cybersecurity, FinTech, Mechanical, Biomedical Engineering |
| Average Tuition (2024–25) | UG: ~$60K tuition (~$80K total COA) PG: ~$40K–$60K |
| Rankings | Top 100 National Universities (US News), high ROI rankings |
| Employment Rate | 95%+ placement with strong salaries |
| Location Perk | NYC internships, tech & finance hubs |
A Legacy of Innovation (History)
Founded in 1870, Stevens Institute of Technology was one of the first American universities dedicated to mechanical engineering. The Stevens family — innovators in transportation and engineering — envisioned a place where technology and real-world application would always go hand in hand.
Today, Stevens carries this tradition forward with strengths in AI, FinTech, robotics, biomedical engineering, and cybersecurity.
Location & Campus
- Location: Hoboken, New Jersey
- Campus Size: 55 acres
- Highlight: Castle Point hilltop overlooking Manhattan
- Accessibility: Just a short ride/ferry to New York City
The campus blends historic architecture with state-of-the-art labs, innovation centers, and a new University Center Complex. Students benefit from a safe, small-town environment while enjoying full access to the opportunities of NYC — internships, corporate offices, cultural activities, and networking events.
Academics at Stevens Institute of Technology
Academic Schools & Programs
| School | Programs |
|---|---|
| School of Engineering & Science | Mechanical, Electrical, Computer, Civil, Chemical, Biomedical, Data Science, AI, Natural Sciences |
| School of Business | Business Administration, Financial Engineering, Analytics, FinTech, MBA, Leadership |
| School of Humanities, Arts & Social Sciences | Liberal Arts, Music, Social Sciences, Design, Communication |
Stevens places strong emphasis on project-based learning. Every student completes hands-on capstones, industry-sponsored projects, or research collaborations that prepare them for competitive job markets.
Research & Innovation
Stevens is home to several advanced research centers. Its top strengths include:
- Cybersecurity & Resilient Systems
- Robotics & Automation
- Financial Technology & Computational Finance
- Healthcare & Biomedical Engineering
- Artificial Intelligence & Quantum Computing
With federal funding, corporate partnerships, and global collaborations, students gain direct access to research projects with industry relevance.
Rankings & Reputation
| Ranking Agency | 2024–25 Position |
|---|---|
| U.S. News | Top 100 National Universities |
| QS Rankings | Recognized for Engineering & Technology |
| Times Higher Education | Mid-tier global ranking |
| ROI Rankings | Among top private universities for salaries and ROI |
👉 Stevens consistently ranks high for return on investment due to strong salaries and high employability rates of its graduates.
Admissions at Stevens
| Category | Undergraduate | Graduate |
|---|---|---|
| Eligibility | High school diploma + Math/Science background | Bachelor’s in relevant field |
| Tests | SAT/ACT optional | GRE/GMAT (program-specific) |
| Acceptance Rate | ~40% (moderately selective) | Varies |
| Application Deadlines | Early Decision: Nov Regular: Jan–Feb | Department-specific (rolling deadlines for some) |
Tuition Fees & Financial Aid
| Program | Tuition (2024–25) | Total COA (incl. housing, meals, books) |
|---|---|---|
| Undergraduate | ~$60,000 | ~$80,000 |
| Graduate | ~$40,000–$60,000 | ~$60,000+ |
| Scholarships | Merit scholarships, need-based aid, research assistantships, graduate fellowships |
While tuition is expensive, Stevens offers strong scholarships and aid, plus excellent career outcomes that justify the investment.
Career Outcomes & ROI
Stevens is widely known for its career placement success:
- Placement Rate: ~95%+ within 6 months of graduation
- Top Recruiters: Google, Microsoft, Amazon, Goldman Sachs, JP Morgan, Deloitte, Lockheed Martin
- Internships: Nearly all students complete one or more internships in NYC
- Average Salary: Higher than national average (especially for Computer Science, Data Science, and Finance majors)
👉 This makes Stevens one of the best ROI private universities in the U.S.
Student Life at Stevens
Life at Stevens goes beyond academics.
- Clubs & Societies: Robotics, coding, entrepreneurship, arts, cultural groups
- Sports: NCAA Division I athletics, intramurals
- Events: Tech fests, hackathons, career fairs, startup competitions
- Hoboken Perk: Restaurants, cafes, cultural events
- NYC Advantage: Broadway shows, Wall Street networking, tech meetups
The result is a balanced student experience — small campus community + metropolitan opportunities.
Notable Alumni
[Marques Brownlee (MKBHD) ]
Stevens alumni have achieved success across multiple industries, including:
- Engineering Leaders in aerospace and defense
- FinTech Pioneers on Wall Street
- Startup Entrepreneurs in NYC and Silicon Valley
- Researchers contributing to healthcare, AI, and cybersecurity
The Stevens alumni network is highly active in tech, finance, and engineering, providing mentorship and job opportunities to current students.
FAQs
Q1: Is Stevens Institute of Technology good for engineering?
Yes, Stevens is highly respected for engineering and computer science programs, consistently ranking among the top for ROI and job placement.
Q2: How close is Stevens to New York City?
Just across the Hudson River in Hoboken, with ferries, trains, and buses connecting directly to Manhattan.
Q3: Is Stevens worth the tuition fees?
Yes, while costs are high, Stevens offers excellent ROI due to its high employment rate and top salaries.
Q4: Does Stevens offer scholarships?
Yes, Stevens provides merit-based, need-based, and assistantships for eligible students.
Final Thoughts
If you’re looking for a tech-first university with strong industry connections, Stevens Institute of Technology is a great choice. Its location near NYC, emphasis on innovation and applied research, and high-paying career outcomes make it one of the top private STEM universities in the U.S.
For students who dream of careers in technology, finance, research, or entrepreneurship, Stevens is more than just a college — it’s a launchpad to success.
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