As the student populace of Stevens begins the Spring semester and returns to the routine trials of coursework, students often wonder if the intense workload Stevens lays upon its academic tenants is really worth it. The Class of 2019 Career Outcomes report, the latest version of a comprehensive post-undergraduate dossier which is released yearly, reveals that for most Stevens graduates the answer to that question is a resounding “yes.”
The Stevens Career Center released the report over winter break. Lynn Insley, Executive Director at the Career Center, introduced the report by writing she was “pleased to report the Class of 2019 achieved an outstanding record of success, with 96% having secured highly competitive employment opportunities and admission to prestigious graduate programs within six months post-graduation.” Data for the report was gathered via surveys, email, and advisor meetings; the report claims a knowledge rate of 85% as a result of these methods.
Of the Class of 2019, 71% have secured employment and 21% have been admitted to continuing education. Of the remaining 8%, 3% are traveling or returning home, 1% are entering the military, and 4% are still seeking employment. Of those continuing their education, 6% reported going to medical school, 1% reported going to law school, and the remaining 93% reported pursuing various Master’s programs.
The report also offered details into salary information and post-graduation status on a degree type and major basis. The overall lowest accepted salary for a member of the Class of 2019 was $47,600 per year; the highest was $142,000, and the average was $76,400. The lowest salary was accepted by a graduate who received a degree in Mechanical Engineering, and the highest was accepted by a Computer Science or Cybersecurity degree holder — that program also claimed the highest average accepted salary, at $90,200. The degree program with the lowest average accepted salary was Civil, Environmental, and Naval Engineering at $66,800 per year.
49% of the Class of 2019 reported that they received a signing bonus, with the average bonus being $8,300, and the highest being $40,000. The industry with the largest amount of Stevens engineering graduates heading into it was finance, followed by technology and manufacturing. Some of the top employers of the Class of 2019 include American Express, Deutsche Bank, ExxonMobil, IBM, JPMorgan Chase, and Lockheed Martin. The report claims that “the most significant changes in industry distribution are a 5% increase in both Finance and Technology/Telecom while Manufacturing decreased by 4%.”
The report also indicated that women members of the Class of 2019 achieved a record-matching 99% outcome finalization rate, tying with the Class of 2016 for highest ever for a Stevens graduating class.
Compared to previous years, the average salaries of Biomedical Engineering, Business, Computer Engineering, Computer Science, Electrical Engineering, and Engineering Management graduates rose substantially; average salaries of Chemical Engineering and Mechanical Engineering graduates rose slightly, while average salaries of Finance and Quantitative Finance majors fell.
Many other universities have not yet released their Class of 2019 post-graduation reports, so a direct comparison to peer institutions for this year is not yet possible. However, Harvard College’s report claims that only 3% of graduates are “unsure of plans,” a percentage slightly lower than that of Stevens.
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