On the Hudson River in Hoboken, New Jersey, Stevens Institute of Technology sits directly west of Manhattan, with views of the Manhattan skyline. The institute was founded in 1870 and grew out of the legacy of the Stevens family, often called America’s first family of inventors; a bequest from Edwin A. Stevens funded its creation.
Academically, Stevens teaches through schools for engineering and science, business, and humanities, arts and social sciences, together with a college for online and professional education. The School of Business is accredited by AACSB, an accreditation first granted in 2015.
Finance is where the institute has built an unusual profile for a technological university. Financial engineering is a focus of the undergraduate business programme, and the campus is home to the Hanlon Financial Systems Center and to CRAFT, a research centre for financial technologies.
Domains taught:
AI and Machine Learning, Data Analytics, Engineering, Project Management, Software Engineering, Statistics, Telecommunications
Diplomas*:
Bachelor, Doctor, Master, MBA
Status:
Private
Partnerships:
Located across the Hudson River from NYC, offering strong industry connections, particularly in finance and technology. Focus on innovation, entrepreneurship, and systems thinking. Known for its early adoption of mandatory laptops.
Research:
Research strengths in financial technology (FinTech), systems engineering, AI and machine learning, coastal engineering and resilience, healthcare innovation, and cybersecurity.
Famous Alumnis:
Frederick Winslow Taylor, Alexander Calder, Leon Febres Cordero, Richard Reeves, Alfred Fielding, Henry Gantt
International recognition**:
Number of staff***:
1100
Current students***:
8100
Foreign students***:
20%
Cumulative former students***:
50500
Pros
Prime location with NYC access and views, strong career placement in finance and tech, focus on applied technology, entrepreneurship, and systems engineering.
Cons
Smaller university, private institution cost, urban campus with limited green space, can be academically intense.
Best For
Students interested in engineering, computer science, quantitative finance, or technology management, valuing strong career outcomes, an entrepreneurial mindset, and proximity to New York City’s industries.
Rutgers University-New Brunswick in New Jersey lists pharmacy, arts and sciences and engineering.
Lehigh University in Bethlehem, Pennsylvania, is listed for engineering, business and finance.
Rensselaer Polytechnic Institute in Troy, New York, lists engineering, computer science and applied sciences.
Drexel University in Philadelphia offers engineering, health sciences and business.
Princeton University, in New Jersey, lists mathematics and physical sciences and public affairs.
Most Similar Schools Abroad
Imperial College London in the United Kingdom is listed for science, engineering and medicine.
EPFL in Switzerland lists engineering, computer science and life sciences.
Chalmers University of Technology in Sweden lists nanotechnology, materials science and sustainable technology.
Hong Kong University of Science and Technology covers science, engineering, and business and management in Hong Kong.
Technical University of Denmark is listed for engineering, wind energy and biotechnology.
*our own picks (our criteria: a mix between domains, diploma delivered, reputation and size), but obviously too many criteria for an apple-to-apple ranking.
FAQ
When and where was Stevens founded?
Stevens Institute of Technology was founded in 1870 and stands on the Hudson River in Hoboken, New Jersey, directly west of Manhattan. It is a private institution.
Who was behind the founding of Stevens?
The institute grew out of a bequest from Edwin A. Stevens, a member of the Stevens family of inventors.
How is Stevens organized academically?
It has schools for engineering and science, business, and humanities, arts and social sciences, plus a college for online and professional education. Departments and degree programs are listed on the institute website.
What does Stevens offer in finance?
Financial engineering is a focus of its undergraduate business programme, and the campus hosts the Hanlon Financial Systems Center and the CRAFT research centre for financial technologies.
Is the business school accredited?
The School of Business is accredited by AACSB, an accreditation first granted in 2015. The accreditation status is described on the school's pages.
Where can I find tuition and admission details?
The official Stevens website lists tuition, admission requirements and application deadlines for undergraduate and graduate study.
*: without any judgment of the quality, readers are strongly encouraged to check the official status of the exact diploma envisioned as many universities have a mix of recognized diplomas, not recognized, “co-delivered,” “equivalent to”, “some pathways” (…), can change over time, and can be named differently from one country to another.
**: international reputation: is based on some criteria that do not mean much in some domains or specialties (number of researchers, of scientific publications, on budget ….). Our approximate 1-4 scale:
known locally
known locally and internationally
is listed in some of the world university’s classifications
is listed among the 20 firsts in some of world university’s classifications
***: estimated numbers, based on online sources and/or feedbacks. The numbers can vary greatly depending on school organisation (ex.: school is part of a group, it employs internal staff or external consultants or has public staff without employing them …). Refer to all the links provided to have accurate and updated numbers.
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