81%increase
Hiring of full-time research-active faculty nearly doubled from 2012 to 2016
Dean's Report 2017: Five Years of Progress
The last five years has been a time of extraordinary transformation for the School of Business at Stevens.
The leadership of Dr. Gregory Prastacos, third from right, has helped the School of Business break new ground in enrollments, career placement and research.
New undergraduate and graduate programs have been created, enrollments have increased, new faculty have been hired, research output has improved and, of greatest significance, the School of Business became accredited by AACSB International in May 2015.
The school's progress has been the result of a strategic plan prioritizing the school's teaching and research activities around the areas of greatest needs in industry — specifically, the data revolution and the greater sophistication and efficiency it offers to managers who understand how to make smarter, faster judgment calls based on analytics. The School of Business also leverages Stevens' legacy of innovation and problem solving, and an incredible location on the Hudson River across Manhattan, to work directly with industry and ensure research insights and academic programs are immediately applicable in the workplace.
School of Business by the Numbers
98% placement
98% of business graduates in the Class of 2017 secured career outcomes within six months of commencement
205%increase
Applications to business graduate programs increased by 205 percent from 2012 to 2016
$10.7million
Business faculty secured $10.7 million in external research funding from 2014-16
88%increase
Undergraduate enrollment in the School of Business nearly doubled from 2012 to 2016
35%increase
The number of corporate business students jumped 35 percent from 2012 to 2016
340%increase
External research funding leaped nearly 350 percent from 2011-13 to 2014-16
108points
The average SAT score for incoming business students jumped 108 points between 2012 and 2016
Taking the long view
The School of Business has enjoyed steady growth between 2012 and 2017, adding programs and faculty, expanding research, and creating new facilities to better prepare tomorrow's leaders for the technology-driven challenges they'll face.
High-tech teaching
Two high-tech Hanlon finance labs teach students to understand, and make decisions based on, smart data analysis.
Major growth
The School of Business now offers eight undergraduate majors and a full complement of business minors.
Careers in high gear
Graduate business programs emphasize how technology and analytics are changing the ways corporate managers make decisions.
Improving research impact
Insights by Stevens faculty are published in top journals, cited by influential researchers and noticed by external funding sources.
Putting skills to the test
Since its 2014 introduction, the Field Consulting Program has let graduate students apply what they've learned on actual projects from industry.
Encouraging entrepreneurs
Whether it's creating a wildly popular YouTube channel or marketing an international snack food, Stevens students are particularly suited for entrepreneurship.
Selected faculty hiring since 2012
Dr. Stefano Bonini
Assistant Professor of Finance
Dr. Elaine Henry
Associate Professor of Accounting
Dr. Nan Hu
Associate Professor of Accounting
Dr. Theodoros Lappas
Assistant Professor of Information Systems
Dr. Aron Lindberg
Assistant Professor of Information Systems
Dr. Adriana Madzharov
Assistant Professor of Marketing
Dr. Feng Mai
Assistant Professor of Information Systems
Dr. Gaurav Sabnis
Assistant Professor of Marketing
Classes that create value
Applying what she's learned
"Every assignment has emphasized how to apply what I've learned — so I haven't just learned these concepts, I've been taught how to use them at work."
Nidhi Thind M.S. '16 Information Systems, enterprise resource planning consultant, Protiviti
Field Consulting Program helps Nidhi create impact
Immediate impact
"The value is coming in every class, every week, in every project I'm working on."
Cindy Dever, MBA student, senior manager of marketing and strategy development, Pfizer
Collaboration with Pfizer creates opportunities for Cindy
Primed for takeoff
"My work at Stevens gave me the knowledge I need to think fast in both the business and technology worlds."
Mike Otsuka '15, retail partner integration associate, Jet
Stevens helps Mike join the Jet set
Thinking differently about technology
"Our classes don't just teach you the subject — they teach you a way of thinking. And I think that, in particular, is really important in the workforce."
Genevieve Finn '17, technology analyst, JP Morgan Chase
How Genevieve became an entrepreneurFive years of progress
Stevens means business
The Dean's Report of the School of Business summarizes five years of incredible progress in increasing enrollment, adding sought-after faculty, improving student retention, helping students get the jobs they want after graduating, and conducting and disseminating breakthrough research — all the result of a strong leadership team and close adherence to a strategic growth plan.
An emphasis on impact
In the last five years, the School of Business has revised its philosophy to focus on the disruptive role of technology, data and analytics in the world of business. That's created unique opportunities for students and faculty to create impact — both locally, in the New York City area, and around the world. It's also helped students stand out in job interviews, leading to incredible placement rates and career successes.
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Facilities upgrades have been a crucial component of the last five years. Here, Sean Hanlon '80 and his family unveil the sign for the new Hanlon Lab for Financial Analytics and Data Visualization.
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Trading Day has become an annual showcase for high school students interested in how technology and finance intersect in industry. The annual competition was created in 2014.
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In 2016, the School of Business inducted its first class into the prestigious Beta Gamma Sigma honors society. Sarah Gleason '17 served as its first co-president.
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To emphasize the value of applying lessons in teamwork, communication and trust, a leadership retreat at West Point has become a core feature of the Saturday executive experience.
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Pre-college business offerings were expanded in 2014, leading to a 47 percent jump in enrollment. Students mix business classes with trips to New York City landmarks and offices.
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Business faculty developed the MGT 103 course to teach engineers to approach problems like entrepreneurs. Greg McNeil '18 served as CEO of Modularity, which raised $10,000 on Kickstarter.
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The Heath Lecture Series puts special emphasis on professionals who use technology to bring innovation to their field. Jim Cummins told a full audience how he uses a mobile phone to replace his high-end camera equipment.
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A business education is not complete without a taste for global business. Undergraduate and master's students have taken study trips abroad, while faculty collaborate on research projects with schools worldwide.
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The skills taught in Stevens business classes have helped students get better jobs. For the Class of 2016, 100 percent of business students were placed within six months of commencement.