As Stevens Institute of Technology prepares to welcome students back for the fall semester, a special VIP paid a visit to President Nariman Farvardin — New Jersey Governor Phil Murphy. Castle Point looks quite different than it did in 2018, when Governor Murphy last visited campus to announce two STEM initiatives to retain highly-trained, technology-savvy college graduates in the state. The Governor heard from President Farvardin about Stevens’ incredible trajectory and discussed exciting opportunities in research and economic development in areas like fintech and quantum.
“Our state is stronger because of Stevens’ leadership in, and dedication to, technology and entrepreneurship,” said Governor Murphy. “Stevens graduates are the STEM leaders of the future, creating the talent pipeline for New Jersey’s innovation economy that is attracting new businesses to our state. Moreover, many graduates will continue to live and work in New Jersey, further contributing to our vivid fabric. I’m glad I made the visit today and I look forward to what’s to come.”
“I am honored to be able to share with Governor Murphy all the progress Stevens has made in recent years, including the new University Center Complex,” President Farvardin said. “Our community has reached new heights in nearly every measure of performance and impact, from our ever-growing research enterprise to our academically accomplished and diverse student body.”
This year’s incoming class follows the trend, setting university records in several areas: undergraduate applications for Fall 2022 totaled 12,500, up 10% from last year’s record-setting total; 37% of the incoming first-year cohort are women, topping last year’s record-setting class by 4%; and graduate applications for Fall 2022 totaled approximately 15,000, beating last year’s record by nearly 25%.
And it’s no wonder, as Stevens has continually ranked in the top 20 nationally for ROI, job placement and quality of programs. Student outcomes also reinforce the value of a Stevens degree, as 97% of the Class of 2021 obtained their desired outcome six months after graduation with an average starting salary of $75,400. In-demand graduates in areas such as software engineering and computer science both averaged a starting salary of more than $90,000.
