The Hans J. Lang Award for Excellence in Accounting and Business Analysis
The Hans J. Lang Award for Excellence in Accounting and Business Analysis is awarded annually to a member of the Junior class in engineering management who has distinguished him or herself and is in need of aid. This award is given in memory of Hans Joachim Lang, Stevens class of 1934 by his family and faculty of the Bachelor of Engineering in engineering management (BEEM). Hans Lang was one of the most distinguished engineers who graduated from Stevens. After Stevens, he worked for a number of engineering design and construction firms rising to chief executive officer. Hans Lang was internationally recognized for his accomplishments as evidence by his induction into the Project Management Hall of Fame. However, the most visible symbol of his accomplishment as an engineer was the invention of the "Lang Factor", still widely used today in cost estimation of capital costs in large engineering projects. After retiring from industry, Hans Lang became a distinguished professor of engineering management where he developed and taught the cost estimation/accounting course and the engineering economy course together with Professor Donald N. Merino, '60. The engineering economic text, "The Selection Process for Capital Projects" co-authored by Lang/Merino is one of the leading texts of its kind on a world-wide basis. Lang was instrumental in developing the undergraduate engineering program in engineering management at Stevens and increasing the economic literacy of all engineering students. More than a generation of Stevens students sought out Hans Lang for his advise and counsel. He was a professional engineer and lawyer, and served his community with distinction.
The Frederick Winslow Taylor Award
The Frederick Winslow Taylor engineering management award is given in memory of the most influential thinker in modern management theory and application. Dr. Taylor, Stevens class of 1883, is known as the father of scientific management, and is widely recognized as the most influential pioneer of modern management. A recent poll of top academician and industry leaders ranked Dr. Taylor as the number one "outstanding contributor to management thought and practice." After Taylor, on this list were many Taylor disciples, including Frank and Lillian Gilbreth, Henry Gantt, Stevens class of 1885 and Henry Ford. Taylor applied what he learned at Stevens to the world of business and particularly to the management of industrial enterprises. His insight, and the use of science and engineering concepts in management, revolutionized the theory and practice of management. This award is given to the graduating senior who did the most to promote engineering management in the undergraduate program at Stevens. In short, it is awarded to the senior who followed in the steps of Frederick Winslow Taylor.
The Humphreys/Ennis/Lesser Award
The Humphreys/Ennis/Lesser Award is given in memory of three distinguished Stevens Institute of Technology graduates who were pioneers in establishing and promoting the field of engineering economics. This award is given to the graduating seniors with the highest grade point averages in the engineering economics core courses. Dr. Humphreys, Stevens class of 1881 and second President of Stevens, was considered the father of the economics of engineering. Dr. Humphreys established the Department of Business Engineering in 1903, which later became the Department of Economics of Engineering, and is now system engineering and engineering management areas in the School of Systems and Enterprises. Dr. Ennis, Stevens class of 1887, was a professor of engineering economics and the Humphreys Chair of Economics of Engineering. Dr. Ennis was a beloved teacher and renowned authority on economics, and he was frequently quoted in the New York Times and Wall Street Journal on important economic issues in his day. Dr. Lesser, Stevens class of 1931, succeeded Dr. Ennis as the Humphreys Chair and was also head of the department at Stevens. In 1954, Dr. Lesser was the founding editor of The Engineering Economist, a journal devoted to the economics of capital investments. In 1980, Dr. Lesser was the recipient of the prestigious Wellington Award, given by the Institute of Industrial Engineers in recognition of outstanding service and contribution to the field of engineering economics.
The John Mihalasky Award
The John Mihalasky Award is given in memory of Dr. John Mihalasky, the long-time director of the Bachelor of Engineering in engineering management Program and coordinator of the engineering management senior design courses at Stevens Institute of Technology. This award is given to the Senior Design team in engineering management who has distinguished themselves in developing a comprehensive senior design project that reflects that standard of professionalism that John Mihalasky taught his students.
Donald N. Merino Award for Academic Excellence
This award is the gift of Donald N. Merino, Ph.D., P.E., ’60, who was the founding program director of the engineering management bachelor’s program. It is presented to a graduating engineering management student whose paper from any course or journal is considered by the Bachelor of Engineering in Engineering Management Academic Committee to achieve the highest academic excellence of all the papers submitted for that year.