Stevens Institute of Technology
Stevens Institute of Technology is a private research university in Hoboken, New Jersey. Founded in 1870, it is one of the oldest technological universities in the United States and was the first college in America solely dedicated to mechanical engineering.[8] The 55-acre campus encompasses Castle Point, the highest point in Hoboken, a quad, and 43 academic, student and administrative buildings.
Established through an 1868 bequest from Edwin Augustus Stevens,[9] enrollment at Stevens includes more than 8,000 undergraduate and graduate students representing 47 states and 60 countries throughout Asia, Europe and Latin America.[10] Stevens comprises four schools that deliver technology-based STEM (science, technology, engineering and mathematics) degrees and degrees in business, arts, humanities and social sciences: The Charles V. Schaefer Jr., School of Engineering and Science, School of Business, School of Systems and Enterprises, and the School of Humanities, Arts, and Social Sciences.[11] For undergraduates, Stevens offers the Bachelor of Engineering (B.E.), Bachelor of Science (B.S.) and Bachelor of Arts (B.A.).[12] At the graduate level, Stevens offers programs in engineering, science, systems, engineering, management and the liberal arts. Graduate students can pursue advanced degrees in more than 50 different designations ranging from graduate certificates and master's degrees to Ph.D. levels.[12]
Stevens is classified among "R2: Doctoral Universities – High research activity."[13] The university is home to two national Centers of Excellence as designated by the U.S. Department of Defense and U.S. Department of Homeland Security.[14][15][16] Two members of the Stevens community, as alumni or faculty, have been awarded the Nobel Prize: Frederick Reines (class of 1939), in physics, and Irving Langmuir (Chemistry faculty 1906–1909), in chemistry.[17][18]
Organization & Governance[edit]
Governance & Administration[edit]
The 7th and current president of Stevens is Nariman Farvardin, who was appointed by the institute's board of trustees in 2011 following the resignation of Harold J. Raveché and chairman of the board Lawrence Babbio Jr.[82] The board is currently chaired by Stephen T. Boswell, the former President and CEO of Boswell Engineering.[83] The board is responsible for the overall direction of the university. It consists of no fewer than 3 and no more than 42 members at any one time, with the president of the university serving as ex officio members. It approves the operating and capital budgets, supervises the investment of the university's endowment, and oversees campus real estate and long-range physical planning. The trustees also exercise prior review and approval concerning changes in major policies such as those in instructional programs and admission as well as tuition and fees and the hiring of faculty members.[84]
The president also has a cabinet of 11 vice-presidents.[85] Furthermore, the president and board are advised by a 21-member group known as the Presidents Leadership Council, including Marques Brownlee.[86] The Provost is advised by 12-member Academic Council, including the deans for each of the schools and colleges.[87]
Stevens is composed of four academic schools: the Charles V. Schaefer Jr. School of Engineering and Science, the School of Systems and Enterprises, the School of Business, and the School of Humanitis Arts and Social Sciences.[88] Additionally, the university is home to the College of Online and Professional Education, which is focused on providing online education following a 25-year WebCampus program.[89][90]
Academic Affiliations[edit]
Stevens is a member of National Association of Independent Colleges and Universities and a founding-member of Association of Independent Technological Universities since 1957.[91] The Middle States Commission on Higher Education (MSCHE) serves as an acredidating body of Stevens since 1927.[92] For Engineering and Computer Science, ABET provides further accredidation.[93] In 1937, Stevens and Columbia were the first two engineering programs accredited.[94] Furthermore, the chemistry program at Stevens is accredited by American Chemical Society (ACS){,[94] undergraduate and graduate business programs are accredited by Association to Advance Collegiate Schools of Business (AACSB),[95][94] and project management programs are accredited by the Project Management Institute (PMI).[96][94]
Finances[edit]
Stevens Tech reports an endowment of $319 million (per 2023 figures) which, over the last five-years, has grown by $112 million - including $63 million in donations.[97] According to Citizens Bank, the institute ranks as the 324th largest endowment in the United States with at least 100 undergraduates.[98] The endowment is about $66,000 per undergraduate student or $32,400 per student (graduate and undergraduate). A portion of the endowment, $475,000 as of 2020, is managed by the students in the Stevens Student Managed Investment Fund.[99]
Student Governance[edit]
Stevens Institute of Technology is home to a long tradition of student leadership. The Stevens Student Government Association (SGA) is an undergraduate governing body that retains complete control over the allocation of the funds raised by the student activity fee, which is about $800,000 per semester as of 2020.[100][101] The SGA consists of a seven-person cabinet appointed by a president and vice-president of operations who are elected by the student body.[102] The Senate of the SGA consists of senators per 75-undergraduates in each school.[103]
The Honor Board is a student-run and student elected committee of the school, tasked with upholding the honor system and consulting on academic policies for the university.[104] It is overseen by a faculty-student panel. The primary function of the board is to process academic conduct cases.[105] The honor system was established in 1906 under the guidance of President Alexander Crombie Humphreys.[20]
Academics[edit]
Colleges[edit]
Stevens is composed of four academic schools: the Charles V. Schaefer Jr. School of Engineering and Science, the School of Systems and Enterprises, the School of Business, and the School of Humanitis Arts and Social Sciences.[88] Stevens offers 35 undergraduate majors and has a 12:1 student-to-faculty ratio.[106] Graduate offerings include 20 (plus three interdisciplinary) Ph.D. programs, 58 master's programs, 194 certificate programs and graduate-level offerings custom designed for corporations.[107]
Academic rankings
215
76
197
36
621–630
401–500
=1225
Greek organizations[edit]
Stevens Institute of Technology hosts chapters of 15 social and academic fraternities and sororities, many of which were founded on campus over a century ago.[202][203] In 2013, 25% of Stevens students were members of these organizations.[204] All but one of Stevens' Greek organizations are chapters of national fraternities or sororities.