Stevens Institute of Technology is puffing out its chest a bit these days. It appears the college has good reason.
The school’s 2019 Student Outcomes Report — a rundown of what has become of the Class of 2019 — details what the Hoboken-based tech school has been saying for years: Its graduates go places.
According to the report:
- 96% of the Class of 2019 has achieved employment, admission to graduate school or other first-destination outcomes six months after graduation;
- Members of the Class of 2019 who obtained jobs recorded the highest average starting salary: $76,400, a 7% increase from the previous year;
- Women in the Class of 2019 also achieved a record high of 99% securing their first destinations within the six-month post-graduation timeframe;
- Global corporate giants such as Google, Goldman Sachs, American Express, ExxonMobil, PwC, Merck and Prudential each hired multiple members of the Class of 2019;
- The most lucrative field for Class of 2019 graduates was cybersecurity/computer science, with an average starting salary of $90,200. Other fields earning above average salaries included quantitative finance, electrical engineering and computer engineering.
Lynn Insley, executive director of the Stevens Career Center, obviously is thrilled with the statistics.
“Graduates are starting their careers at top-tier companies across a wide range of industries, including aerospace/defense, media and entertainment, business consulting, finance, and manufacturing,” she said in a statement. “The opportunities for Stevens graduates are seemingly endless as demand for employees with a technology-infused education continues to grow across all sectors.”
While 71% of graduates entered the workforce, the military or returned to their home countries, the report said 21% continued their education and pursued advanced degrees at institutions such as Columbia, Cornell and Massachusetts Institute of Technology. Of the students pursuing advanced degrees, 93% are seeking a master’s or doctorate, with the balance pursuing medicine or law. Overall, 85% of the class reported first-destination plans.
The report follows two other noteworthy achievements for the school.
- It was named the top school in the state for mid-career salary;
- It was ranked No. 14 in the country for 40-year return on investment.