(Hoboken, N.J. – Aug. 21, 2019) – Stevens alumni whose highest degree is a bachelor’s earn among the highest mid-career salaries in the nation, ranking No. 13 with a median mid-career salary of $139,900 after 10 years of experience in a field, according to PayScale’s 2019-20 College Salary Report.
Stevens is ranked as the top New Jersey school on the list.
PayScale Inc., the world’s leading provider of on-demand compensation data and software, sampled data from more than 3.5 million full-time, degree-holding employees. The sample included 1,736 schools for people with only a bachelor’s degree; of those schools, 305 were designated research universities.
Stevens also topped a number of other lists based on mid-career salary potential, ranking No. 5 among top research universities in the nation, such as Harvard, Stanford and California Institute of Technology.
“At a time when families are considering the overall cost of a college education and the value it provides to graduates, this ranking demonstrates that a cation is a very strategic investment,” said Stevens President Nariman Farvardin. “A Stevens degree is--quite literally--a ticket to a great first job and a passport to long-term career success."
Given the technical rigor of the Stevens curriculum, combined with real-word experiences gained through internships, cooperative education, senior design projects, and required coding and entrepreneurship course, Stevens graduates are heavily recruited into competitive positions by the nation’s top employers.
Ninety six percent of the Class of 2018 received employment, admission to graduate school or other first destination outcomes six months after graduation, with 79 percent of seniors finalizing their plans while still in school, according to 2018 Student Outcomes Report. Of those employed, the class reported a record-high average starting salary of $71,400, which is among the highest in the nation.
Last year, Stevens garnered an important distinction when it was ranked No. 2 in the nation for the smallest gender gap in earnings among its graduates, with women out-earning men by 1.6 percent, according to data reported by Forbes. That report highlighted Stevens as one of just three schools whose female graduates made more than their male counterparts.
About Stevens Institute of Technology
Stevens Institute of Technology is a premier, private research university situated in Hoboken, New Jersey overlooking the Manhattan skyline. Since our founding in 1870, technological innovation has always been the hallmark and legacy of Stevens’ education and research. Within the university’s three schools and one college, 6,900 undergraduate and graduate students collaborate closely with faculty in an interdisciplinary, student-centric, entrepreneurial environment. Academic and research programs spanning business, computing, engineering, the arts and other fields actively advance the frontiers of science and leverage technology to confront our most pressing global challenges. The university is consistently ranked among the nation’s elite for return on tuition investment, career services and the mid-career salaries of alumni.
Stevens media contact: Katie Koch, 201-216-5139, [email protected]