Stevens Institute of Technology: Stevens Named Top 15 Business School for Economic Return
A recent report by Georgetown University’s Center on Education and the Workforce ranked a bachelor’s degree from the School of Business (SSB) at Stevens Institute of Technology No. 12 in the nation — and highest in New Jersey — for economic return, while a master’s from SSB ranked at No. 14.
The study, The Most Popular Degree Pays Off: Ranking the Economic Value of 5,500 Business Programs at More Than 1,700 Schools, used the U.S. Department of Education’s College Scorecard data to analyze graduates’ median monthly earnings two years after graduation, monthly student debt payments, and annual earnings net of debt payments two years after they completed a business program.
“Once again, Stevens is among the top business schools delivering exceptional value to students,” said Gregory Prastacos, SSB dean. “Every day, we prepare students to be leaders in this era of digital change by providing a rigorous academic program coupled with a good understanding of technology, multiple opportunities for experiential learning and individual attention in both curriculum advising and career planning.”
This new ranking was released only a few months after a previous Georgetown study ranked Stevens No. 19 in the nation for return on investment 40 years after enrollment.
“The School of Business continues to advance the university’s commitment to providing a technological, cross-disciplinary approach to education that creates incredible opportunities for our students,” said Stevens President Nariman Farvardin. “Many of our business school graduates go on to long, successful careers in top-tier companies, re-confirming the value of a Stevens degree.”
SSB provides technology-focused programs and has established a reputation for its work on stock forecasting, artificial intelligence, climate change and financial technology by keeping curricula ahead of the curve in a fast-changing business world. It’s also home to CRAFT, the first-ever National Science Foundation-funded research center focused on the financial industry, and the Student Managed Investment Fund — where students work as analysts, risk advisors, quants and, ultimately, leaders responsible for managing a portion of the university’s endowment.
Among Stevens’ Class of 2021, 98% of business school undergraduates secured their desired outcomes within six months of graduation. The average starting salary across all undergraduate business degrees was $74,100, with salaries for quantitative finance majors topping $80,000.