New Jersey Institute of Technology

What New Jersey Institute of Technology does

New Jersey Institute of Technology (NJIT) is a public polytechnic research university founded in 1881 and headquartered in Newark, New Jersey, serving a managed population of 18,000-20,000 students, faculty, and staff. It offers undergraduate and graduate degree programs across five degree-bearing colleges spanning architecture and design, business, computing, engineering, humanities and liberal arts, math and science, and honors education, with additional online programs and continuing professional education. NJIT is an R1 research university recognized by the Wall Street Journal as the #1 public university for alumni salaries in New Jersey, by U.S. News & World Report as a Top 40 public university nationally, and by The Princeton Review as the best value among public universities in New Jersey.

NJIT's revenue model rests on three primary streams: tuition and fees from in-state and out-of-state students (with approximately $100 million in financial aid disbursed annually), federal and state research grants (the university supports approximately $160 million in total annual research expenditures, with Tiernan Hall alone contributing ~$32 million), and state capital appropriations for facility modernization. The university operates a translational research and venture creation arm through its subsidiary New Jersey Innovation Institute (NJII), which launched its first venture, PureTrace Labs (PFAS detection via paper-spray mass spectrometry), in October 2025 with up to $1 million in NJEDA investment, targeting ten companies by 2030. Strategic industry partnerships extend the institution's commercial footprint: Verizon (AI and cybersecurity workforce training), Made Scientific (cell and gene therapy bioprocessing curriculum launching Spring 2027), Study Group (international student recruitment across a 13-institution North American network), 1st Street Partnerships (generative AI certification), and TekStream (student-powered Security Operations Center).

NJIT's technology footprint includes AWS cloud infrastructure hosting 200+ migrated virtual servers (achieving over $100,000 in cost avoidance), unified observability platforms (Splunk, SolarWinds, Dynatrace), and a campus-wide AMAG Symmetry Enterprise access control system managing ~35,000 electronic credentials per semester. Proprietary research outputs include paper-spray mass spectrometry PFAS detection (commercialized via PureTrace Labs), VitalID biometric authentication using skull-transmitted physiological vibrations, and a point-of-care animal-borne disease detection device developed under NSF funding. The university expanded research capacity in April 2026 via a 25,000-square-foot lease at the NEST Center in Kenilworth (formerly Merck's global research headquarters) and maintains international MOUs with three Indian institutions (Manipal Academy of Higher Education, Dayananda Sagar University, Vignana Jyothi Institute of Management) for faculty and student exchange.

Name

New Jersey Institute of Technology

Legal name

New Jersey Institute of Technology

Website

https://njit.edu

Company type

Private

Founded year

1880

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

New Jersey Institute of Technology is a public polytechnic research university in Newark, NJ, serving 18,000-20,000 students with STEM-focused undergraduate and graduate programs, ~$160M in annual research activity, and industry partnerships in AI, cybersecurity, biomanufacturing, and environmental science operated through its subsidiary New Jersey Innovation Institute.

Ownership category

akta.pro rank

Product category

Public Higher Education and Research

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

STEM-Focused Technical Universities (EDAHAEAD)

akta.pro secondary industries

Cooperative Education (Co-op) Technical Universities (EDAHAEAF), Polytechnic & Applied Sciences Universities (EDAHAEAB)

Keywords

• STEM degree programs
• Engineering education
• Workforce development training
• Online graduate certificates
• Polytechnic research programs

Headquarters

HQ city

Newark

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Tuition and Fees: NJIT generates revenue primarily through tuition and fees from undergraduate and graduate students. The university charges different tuition rates for in-state and out-of-state students. Financial aid is awarded to students totaling approximately $100 million annually.
2. Research Grants and Contracts: NJIT receives significant research funding from federal agencies (National Science Foundation, U.S. Department of Education) and state sources. Tiernan Hall alone supports nearly $32 million in funded research projects representing approximately one-fifth of NJIT's total research activity.
3. State Funding for Facilities: NJIT receives capital improvement funding from the state of New Jersey's Capital Improvement Fund and Higher Education Facilities Trust Fund for building modernization projects.

Pricing tiers

Distribution channels6 records

Marketing channels7 records

Core offering

NJIT is a public polytechnic research university that delivers undergraduate, graduate, doctoral, and online degree programs across STEM disciplines including Architecture & Design, Business, Computing, Engineering, Humanities & Liberal Arts, Math & Science, and Honors Education. The university supplements degree programs with continuing professional education, workforce development training, pre-college outreach, and industry-aligned certifications, while operating a research and commercialization engine through its New Jersey Innovation Institute (NJII) subsidiary and Venture Studio that launches startups based on campus inventions.

Differentiator

Problem solved

Functional benefit

Products and services

• Undergraduate Degree Programs STEM-focused bachelor's degree programs across Architecture & Design, Business, Computing, Engineering, Humanities & Liberal Arts, Math & Science, and Honors Education, designed for prospective undergraduate students seeking polytechnic education with hands-on learning and hundreds of internship and cooperative education opportunities in the New York City metro area.
• Graduate Degree Programs Master's and doctoral degree programs including part-time Collaborative Ph.D. programs for engineers, executives, scientists, military personnel, and government employees, with Traditional and Employer-Sponsored tracks including IP agreements for working professionals who want to pursue a doctorate while continuing full-time employment.
• Online Programs and Graduate Certificates Fully online graduate programs and certificates across computing, engineering, management, and architecture with GRE-optional admissions, designed for working professionals and distance learners seeking flexible, industry-aligned advanced education.
• TRIO Upward Bound Pre-College Program Pre-college program providing intensive college preparation and transition support for nearly 250 Newark high school students annually over a five-year period, with bilingual guidance for English Language Learners, serving students from low-income and first-generation families.
• Continuing Professional Education (Learning and Development Initiative) Professional development and continuing education programs operated by NJIT's Learning and Development Initiative, providing workforce training, microcredentials, and certifications to professionals, New Jersey residents, and partner organizations.
• Generative AI Certification Program Four-week virtual certification program in generative AI for professionals and entrepreneurs, covering tools including ChatGPT, Gemini, Midjourney, and ElevenLabs, capped at 20 participants and offering an NJIT-verified microcredential upon completion to enhance AI literacy essential for adapting to workforce changes.
• AI and Cybersecurity Workforce Training Program No-cost training program in AI, cybersecurity, and IT for eligible New Jersey residents, including CompTIA Tech+ and A+ Certification Prep, an AI Literacy microcredential, and a Cybersecurity Community of Practice, integrating participants into professional networks through mentorship and peer-to-peer learning with NJIT graduate students and industry experts, funded by a Verizon grant.

Quantifiable outcome

• Over $100,000 in cost avoidance from AWS cloud migration
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• TEKsystems Global ServicesminorImplementation/ SI/ Consulting Partner · 27 April 2026NJIT migrated more than 200 essential virtual servers to AWS Cloud in 10 weeks with the support of TEKsystems Global Services and AWS. The migration avoided a significant licensing cost increase for the private virtual cloud environment, achieving over $100,000 in cost avoidance and substantial annual operational savings. NJIT has since gained internal cloud expertise and is pursuing database modernization and serverless computing.
• Made ScientificcoreStrategic or Co-development Partner · 27 March 2026Made Scientific, a U.S.-based cell therapy contract development and manufacturing organization (CDMO), partnered with NJIT to co-develop graduate-level bioprocessing elective courses within NJIT's Master of Science program in Chemical and Materials Engineering. The collaboration leverages Made Scientific's Foundry scholar program to deliver industry-aligned, hands-on curriculum launching in Spring 2027. The partnership aims to prepare the next generation of cell and gene therapy professionals and strengthens New Jersey's position as a global biomanufacturing leader. Builds on a long-standing collaboration originating from NJIT's New Jersey Innovation Institute.
• 1st Street PartnershipsminorGTM or Marketing Partner · 5 March 2026NJIT and 1st Street Partnerships launched a four-week virtual generative AI certification program for professionals and entrepreneurs, starting March 16, capped at 20 participants. The program includes training on tools like ChatGPT, Gemini, Midjourney, and ElevenLabs, and offers a NJIT-verified microcredential upon completion. Initiative aims to enhance AI literacy essential for adapting to workforce changes driven by artificial intelligence.
• VerizoncoreStrategic or Co-development Partner · 2 March 2026NJIT announced an expanded workforce development partnership with Verizon to provide no-cost training in AI, cybersecurity, and IT to eligible New Jersey residents, launching in early April 2026. The program includes a Cybersecurity Community of Practice, CompTIA Tech+ and A+ Certification Prep, and an AI Literacy microcredential. Managed by NJIT's Learning and Development Initiative with grant funding from Verizon, the initiative bridges the digital skills gap and integrates participants into professional networks through mentorship and peer-to-peer learning with NJIT graduate students and industry experts.
• New Jersey Economic Development Authority (NJEDA)minorStrategic or Co-development Partner · 27 February 2026NJEDA partnered with NJIT and NJII in launching PureTrace Labs, a startup to commercialize NJIT-developed PFAS detection technology. The startup received up to $1 million in investment and represents the first launch from NJII's Venture Studio, which aims to launch 10 companies by 2030.
• Study GroupcoreChannel Partner/ Reseller/ Distributor · 29 January 2026Study Group signed an international student recruitment partnership with NJIT to support overseas students' access to undergraduate and graduate programs. This is Study Group's third new U.S. university signing in 2025, expanding its North American network to 13 institutions. The partnership strengthens NJIT's international enrollment pipeline.
• TekStreamminorImplementation/ SI/ Consulting Partner · 27 October 2025TekStream developed cybersecurity professionals through experiential learning and industry-relevant certifications in collaboration with NJIT. The Workforce Academy program, launched in September 2025, addresses the cybersecurity talent shortage by providing real-world experience and credentials to graduates. TekStream also partnered with NJIT to establish a student-powered Security Operations Center.
• Manipal Academy of Higher EducationminorStrategic or Co-development Partner · 1 October 2025NJIT signed a Memorandum of Understanding with Manipal Academy of Higher Education (India) during Governor Phil Murphy's trade mission to India. The agreement establishes a five-year framework for faculty and student exchanges, joint research initiatives, and dual degree programs spanning STEM and management fields.
• Dayananda Sagar UniversityminorStrategic or Co-development Partner · 1 October 2025NJIT signed a Memorandum of Understanding with Dayananda Sagar University (India) during Governor Phil Murphy's trade mission to India. The agreement establishes a five-year framework for faculty and student exchanges, joint research initiatives, and dual degree programs spanning STEM and management fields.
• Vignana Jyothi Institute of ManagementminorStrategic or Co-development Partner · 1 October 2025NJIT signed a Memorandum of Understanding with Vignana Jyothi Institute of Management (India) during Governor Phil Murphy's trade mission to India. The agreement establishes a five-year framework for faculty and student exchanges, joint research initiatives, and dual degree programs spanning STEM and management fields.

Scale indicators9 records

Recent moves8 records

Expansion highlights7 records

Regional players

• Stevens Institute of Technology: NJ-based private technology university with strong overlap in computing, engineering, and cybersecurity. Directly competes for NJ STEM talent and industry partnerships but operates under a private, tuition-driven model.
• Rutgers, The State University of New Jersey: NJ's flagship public R1 university with comparable research scale and STEM programs. Competes with NJIT for in-state students and state appropriations but has a broader academic mission.

Direct peers

• Rensselaer Polytechnic Institute: Private R1 polytechnic research university with strong emphasis on technology, engineering, and computational research. Comparable STEM-focused polytechnic identity, research commercialization activity, and graduate program mix.
• SUNY Polytechnic Institute: Public polytechnic within the SUNY system focused on STEM, nanotechnology, and semiconductor manufacturing. Comparable as a state-funded polytechnic but operates within a much larger multi-campus system.
• Virginia Tech: Large public R1 research university with strong engineering, computing, and co-op programs, comparable enrollment scale, and similar land-grant polytechnic identity. Comparable in mission, scale, and industry-aligned workforce development.
• Florida Polytechnic University: Public STEM-focused polytechnic university emphasizing innovation and industry partnerships. Comparable in mission as a state-funded polytechnic but materially smaller and earlier in development stage than NJIT.
• Georgia Institute of Technology: Flagship public polytechnic research university with R1 Carnegie classification, similar STEM focus across computing and engineering, large research portfolio, and strong industry partnerships. The closest functional analogue to NJIT as a public STEM research polytechnic.
• Illinois Institute of Technology: Private STEM-focused university in Chicago with similar computing, engineering, and architecture offerings; comparable in mission focus on technology workforce development and applied research.
• Worcester Polytechnic Institute: Private STEM-focused polytechnic emphasizing project-based learning, co-op programs, and applied research. Highly comparable in curriculum structure and STEM identity, though differs in private vs. public funding model.
• University of Maryland, Baltimore County: Public R1 research university with explicit focus on STEM, computing, and workforce development (especially cybersecurity via UMBC Training Centers). Strong analogue in mission and federal research funding profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/njit
• YouTubeyoutube.com/njit
• Facebookfacebook.com/7185471825
• LinkedInlinkedin.com/school/njit
• Instagraminstagram.com/njit

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds6 records

Investors5 records

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Jersey Institute of Technology