Stevens Institute of Technology

What Stevens Institute of Technology does

Stevens Institute of Technology is a private, nonprofit research university founded in 1870 and headquartered on a 55-acre campus in Hoboken, New Jersey, directly across the Hudson River from Manhattan. The institution serves approximately 8,000 undergraduate and graduate students across three schools — the Charles V. Schaefer, Jr. School of Engineering and Science, the School of Business, and the School of Humanities, Arts and Social Sciences — along with the College of Professional Education, and is launching a new School of Computing in Fall 2026 focused on computer science, artificial intelligence, and cybersecurity. Academic offerings span 35 undergraduate majors, 58 master's programs, and 20 Ph.D. programs delivered through on-campus, online (StevensOnline), and hybrid modalities, all built around the SUCCESS core curriculum that integrates AI, data science, biotechnology, sustainability, and quantum technology.

The business model is multi-stream: tuition-based degree programs form the core, supplemented by a corporate education arm that delivers custom training to Fortune 500 firms, sponsored research generating over $60 million annually (FY22) from federal, state, and industry sources, and pre-college programs for high school students. The go-to-market is a sales-led enrollment model with campus tours, information sessions, and special events, supported by a marketing funnel spanning website content, social media, virtual tours, email newsletters, and events like the Innovation Expo. Research is organized around 20+ centers and labs including the Davidson Laboratory for marine/ocean engineering, CRAFT for financial technologies, and the Stevens Institute for Artificial Intelligence, with outputs spanning published patents (e.g., Edison Patent Award 2024), the AURA-GreeN drone-based wireless network system, and wave-energy capture devices.

Customers include prospective and current students, Fortune 500 corporate partners (Amazon, Apple, Bank of America, EY, Google, IBM, Johnson & Johnson, JPMorgan Chase, Merck, Microsoft, L3Harris, Pfizer, PSEG), government agencies (Department of Education, Department of Homeland Security, Department of Energy), and a global alumni network of nearly 60,000. Quantified outcomes include $86,900 average starting salary for the Class of 2025, 93.4% placement within six months, and 83% of students gaining hands-on experience through internships, co-ops, or research before graduation.

Name

Stevens Institute of Technology

Legal name

Stevens Institute of Technology

Website

https://stevens.edu

Company type

Private

Founded year

1870

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Stevens Institute of Technology is a private nonprofit research university founded in 1870 in Hoboken, NJ, serving ~8,000 undergraduate and graduate students across engineering, science, business, computing, and humanities, with $60M+ in annual research funding and a new School of Computing launching Fall 2026.

Ownership category

akta.pro rank

Product category

Higher Education (Research University)

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200), Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Comprehensive Doctoral Research Universities (Multi-Disciplinary) (EDAHABAA)

akta.pro secondary industry

Engineering & Technology Institutes (Comprehensive) (EDAHAEAA)

Keywords

• Higher education
• Engineering programs
• Computer science degrees
• Research university
• Graduate education

Headquarters

HQ city

Hoboken

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Undergraduate and Graduate Tuition: Degree programs in business, computer science, engineering, science, and arts and humanities with tuition-based revenue model
2. Corporate Education Programs: Custom education programs for Fortune 500 firms and smaller ventures, creating tailored training and business solutions for corporate partners
3. Research Grants and Contracts: Federal and state grants for research initiatives including Department of Education grants for STEM education programs and Department of Energy clean hydrogen projects
4. Pre-College Programs: Summer residential, commuter, and virtual research programs for high school students

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Stevens Institute of Technology is a private research university that delivers undergraduate, master's, and Ph.D. degree programs in engineering, computer science, business, science, and humanities across three schools and one college on its Hoboken campus. It supplements degree education with online graduate programs (StevensOnline), corporate custom education, pre-college summer research programs, entrepreneurship programs (LaunchPad, iSTEM), the MakerCenter prototyping facility, and more than $60 million in annual sponsored research.

Product overview

Stevens Institute of Technology is a student-centric research university with technology at its core, organized into three schools (Charles V. Schaefer Jr. School of Engineering and Science, School of Business, School of Humanities Arts and Social Sciences) and two colleges (School of Computing, College of Professional Education). The institution's educational offering encompasses undergraduate, graduate, and doctoral programs spanning technology, engineering, business, science, and arts disciplines, delivered through on-campus, online, and hybrid modalities. Supporting the core academic programs are specialized offerings including the LaunchPad and iSTEM entrepreneurship programs (enabling students to develop innovative businesses), the MakerCenter facility for hands-on prototyping, Pre-College Programs for high school students (including Art Harper Saturday Academy and ACES scholarships), StevensOnline for remote learning, and Corporate Education services. Honors programs such as the A. James Clark Scholars and Pinnacle Scholars provide elite academic opportunities, while research centers and corporate partnerships drive over $60 million in annual research funding.

Differentiator

Problem solved

Functional benefit

Brands

• SUCCESS: Stevens Undergraduate Core Curriculum: Essential Skills for Success - A signature core curriculum that cultivates educational resilience, technological savvy and entrepreneurial thinking, preparing students to thrive in the digital economy.
• Stevens Online
• ACES
• Stevens ACES
• Innovation Expo
• LaunchPad
• iSTEM@Stevens

Products and services

• Stevens Undergraduate and Graduate Academic Programs Undergraduate majors and graduate degree programs (40+ master's, 20 Ph.D.) across engineering, computer science, business, science, and humanities delivered across the Charles V. Schaefer Jr. School of Engineering and Science, the School of Business, the School of Humanities Arts and Social Sciences, and the College of Professional Education. Designed for individual students pursuing technology-focused careers.
• StevensOnline Award-winning remote-learning program delivering graduate degree and certificate programs online with instruction, collaboration, and faculty access, designed for working professionals and students who need flexible delivery.
• Corporate Education Custom-tailored education and training programs designed jointly with corporate partners to apply Stevens' expertise to unique training and business needs, serving Fortune 500 firms and smaller ventures.
• Stevens Pre-College Programs Summer residential, commuter, and virtual research programs that let high school students explore business, engineering, science, technology, or the arts while discovering New York City, including the Art Harper Saturday Academy and ACES scholarships for underserved students.
• LaunchPad and iSTEM Entrepreneurship Programs Specialized entrepreneurial programs that enable Stevens students to develop new ideas and build innovative businesses through exclusive access to mentors, labs, and networks, with annual showcase events.
• Stevens ACES Program Accessing Careers in Engineering and Science (ACES) program that increases the number of academically talented students from financially hardship backgrounds who become technological leaders, offering scholarships, mentoring, and support services for high school and undergraduate students.
• A. James Clark Scholars Program Elite honors program offering exclusive academic opportunities, financial support, and advanced project opportunities with faculty for high-achieving Stevens undergraduates.
• Lawrence T. Babbio Pinnacle Scholars Program Elite honors program providing an unparalleled environment for students driven to excel, with exclusive academic opportunities, financial support, and advanced project opportunities with faculty.
• Corporate Sponsored Research Contracted research services that combine fundamental research with applied technology development addressing scientific challenges and societal needs, delivered for corporate and government partners including PSEG and the U.S. Department of Energy.

Quantifiable outcome

• 93.4% of 2025 graduates secured employment or graduate school placement within 6 months
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• XBRL USminorStrategic or Co-development Partner · 15 January 2026XBRL US joined CRAFT (Center for Research toward Advancing Financial Technologies) at Stevens Institute of Technology as an affiliate member. They plan to develop tools leveraging the XBRL standard for AI and decentralized finance applications.
• PSEGcoreStrategic or Co-development PartnerLong-standing partnership supporting projects of mutual interest including the award-winning student-designed SU+RE HOUSE project. PSEG has been a generous supporter of Stevens programs and initiatives focused on sustainability and innovation.
• Department of Homeland SecurityminorOthersStevens collaborated on buoy deployments with Ocean Power Technologies for Department of Homeland Security applications, demonstrating defense and security research capabilities.

Scale indicators13 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• New Jersey Institute of Technology (NJIT): Public NJ-based polytechnic research university with overlapping STEM and computing programs. Directly comparable to Stevens on geography, mission and student demographic, with similar employer-recruitment dynamics in the NYC metro.
• Rensselaer Polytechnic Institute (RPI): Private, technology-focused research university founded 1824 with similar Carnegie research classification and STEM emphasis. Closely matches Stevens on size, mission and engineering/computing curriculum.
• Rochester Institute of Technology (RIT): Private career-oriented technology university with strong co-op/internship model and applied research. Comparable to Stevens on experiential learning, technology focus and employer-recruitment positioning, though larger (~19K students).
• Worcester Polytechnic Institute (WPI): Private STEM-focused research university with a similar project-based learning model and comparable enrollment scale. Closely matches Stevens on faculty research output, graduate outcomes and overall mission.
• Illinois Institute of Technology (Illinois Tech): Private urban research university in Chicago with comparable size, STEM focus and corporate-education orientation. Mirrors Stevens' structure of engineering, business, computing and architecture schools within a single private institution.
• Drexel University: Private urban research university in Philadelphia renowned for its co-op program — directly parallel to Stevens' hands-on learning model. Comparable on size, employer pipeline and applied-research orientation.

Broad incumbents

• Carnegie Mellon University: Larger, elite private research university and a leader in AI, computer science and engineering. Overlaps with Stevens on mission but operates at materially higher scale, selectivity and endowment, serving as the aspirational benchmark.
• Georgia Institute of Technology: Public flagship tech university with leading online MS in Computer Science program that competes directly with StevensOnline. Larger and better-funded, making it the dominant public comparator in the same STEM/engineering category.
• Massachusetts Institute of Technology: Global elite STEM research institution. While at a different scale and selectivity tier, MIT anchors the same technology-university category and sets the standard Stevens is benchmarked against for AI and engineering brand.

Regional players

• Polytechnic University of Puerto Rico: Private Hispanic-Serving polytechnic institution focused on engineering, computer science and business. Operates in a comparable polytechnic niche to Stevens but serves primarily a different geographic and demographic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/followstevens
• YouTubeyoutube.com/stevensinstitute
• Facebookfacebook.com/21612197888
• LinkedInlinkedin.com/company/7832
• Instagraminstagram.com/followstevens

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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

Frequently asked questions about Stevens Institute of Technology