Finance and Accounting Degrees at Stevens
This school appears in our ranking of the 25 Great Master of Financial Engineering Programs.
Home to the Hanlon Financial Systems Center, the Stevens Institute of Technology School of Business boasts 98 percent job placement from its Undergraduate Program chaired by Dr. Ann Murphy nearby Manhattan with eight majors. The Quantitative Finance B.S. includes Bloomberg and CFA certification by teaching bachelor’s students to model market behavior for portfolio management. The Finance B.S. develops broader Wall Street skills in the four-year curriculum’s courses like Equity Valuation, Fixed Income Analysis, and Intro to Derivatives. The Accounting & Analytics B.S. uniquely lets Stevens undergrads sharpen data visualization strategies for Big Four career opportunities. Students might also choose the Economics Minor, attend the on-campus FinCyberSec Conference, study finance in France, compete in Trading Day, intern at Prudential, and practice in the Thomson Reuters Lab.
The Graduate School of Business headed by Dr. Michael zur Muehlen lets Stevens Institute of Technology students further skills with PayScale’s 10th highest ROI at top employers, including Goldman Sachs, Jefferies, Citi, and Accenture. Integrating the Field Consulting project, the 48-credit MBA splits into six specializations, including Financial Engineering, Finance, and Business Intelligence & Analytics. Those with 5+ years of experience can enter 48-credit Executive MBA cohorts online via WebCampus with Saturday sessions in Hoboken. For greater depth, there’s the 30-credit M.S. in Financial Engineering and M.S. in Financial Analytics programs that integrate 15-week courses like Stochastic Calculus and Big Data Optimization before a thesis. Stevens also delivers the United States’ oldest 54-credit, post-master’s Ph.D. in Financial Engineering that opens executive and faculty jobs.
About Stevens Institute of Technology
Stevens Institute of Technology was established in 1870 using funds bequeathed by Edwin Augustus Stevens, the inventor of America’s first ironclad naval vessel. Adhering to the European Polytechnic model, the engineering school granted the field’s earliest PhDs and created the first technical honor system. Endowed for $158 million, Stevens now excels as a private, coeducational research-intensive AITU member of the Empire 8. Stevens Institute of Technology maintains a 7:1 student-faculty ratio with 3,123 undergrad and 3,793 post-grad Ducks studying 94 majors, including Finance and Accounting. Stevens sits atop a 55-acre, riverfront “Mile Square City” campus in New Jersey, Forbes’ 29th best state for job growth. Linked to 38,781 LinkedIn alumni, Stevens has trained Peter Cooper Hewitt, Francis Ford Coppola, Eckhard Pfeiffer, Beatrice Hicks, and more.
The U.S. News & World Report ranked the Stevens Institute of Technology the 69th best national university, 101st top value, and 25th most innovative school. In particular, Stevens has America’s 193rd best part-time MBA, 136th best math, and 91st top computer science degrees. On Niche, Stevens is applauded for the 12th best location, 65th best business program, and 105th hardest academics. Times Higher Education declared Stevens the 130th best U.S. university overall. According to The Princeton Review, the Stevens Institute of Technology has the 20th best internships and ninth best career placement countrywide. Money magazine crowned Stevens the 138th top pick for a median starting salary of $65,700. The Social Mobility Index also rated Stevens 115th for economic opportunity while Washington Monthly recognized the Institute for the 49th best faculty.
Stevens Institute of Technology Accreditation Details
In 2013, Stevens Institute of Technology had its Level VI accreditation reaffirmed under president Dr. Nariman Farvardin by the Middle States Commission on Higher Education (MSCHE), one of the U.S. Department of Education’s six recognized regional agencies. The School of Business stands in the world’s top 5 percent with Association to Advance Collegiate Schools of Business (AACSB) accreditation. The MBA also meets the PMI Global Accreditation Center for Project Management Education Programs’ standards.
Stevens Institute of Technology Application Requirements
Admission into the Stevens Institute of Technology is deemed “more selective” with a Fall 2016 acceptance rate of 39 percent. First-year Accounting or Finance majors need to finish a college-prep secondary curriculum with four years of English, four years of math, and three years of science. While there’s no minimum, admitted Ducks have an average 3.8 GPA, 1390 SAT score, and 31 ACT score. International learners need to earn at least a 550 on the TOEFL or 6.0 on the IELTS. Transferring to a Stevens B.S. requires holding 30+ credits from accredited colleges with grades above “C-.” Starting the MBA requires a bachelor’s degree, 3.0 GPA, and at least 24 months of full-time experience. The rigorous Ph.D. in Financial Engineering needs master’s averages over 3.5 and GMAT scores above 600.
The School of Business established an Early Decision deadline of November 15th and Regular Decision deadline of January 15th for freshmen. Undergraduate transfers can apply until June 1st and November 1st. The Graduate School has domestic master’s deadlines of July 1st and December 1st, but the Ph.D. program only considers Fall cohorts until February 1st. Entrants could submit the Common Application or Stevens Application wholly online. Extra materials may be emailed to admissions@stevens.edu or sent to 1 Castle Point Terrace in Hoboken, NJ 07030 if needed. Future accountants and financial analysts shouldn’t forget these attachments:
- $65 application fee ($75 for graduate)
- Official secondary/college transcripts
- College entrance exam scores
- Current résumé or curriculum vitae
- Two or three recommendation letters
- Statement of purpose (1-3 pages typed)
- English language tests if applicable
Stevens Institute of Technology Tuition and Financial Aid
Declaring an Accounting or Finance B.S. major costs Stevens Institute of Technology undergrads $52,394 for full-time tuition and fees. Living at the New York City Metro campus adds $15,244 for room and board annually. Stevens suggests budgeting $1,200 for textbooks and $1,050 for miscellaneous expenses per year. Total annual cost of attendance is $67,204 for residents and $53,304 for commuters. Full-time MBA or M.S. majors pay $16,664 each semester, but part-time study charges $1,501 per credit. Graduates also afford a $438 services fee, $155 activity fee, $1,695 health insurance fee, and $50 Hanlon Lab fee.
According to the NCES College Navigator, 94 percent of full-time Stevens Ducks share $64.99 million in financial aid packages that average $23,345 each year. Institutional funds include the Ann P. Neupauer Scholarship, Edwin A. Stevens Scholarship, FIRST Scholarship, Martha Bayard Stevens Scholarship, Clark Scholarship, Global Scholars Award, and Presidential Scholarship. Accounting and Finance B.S. majors filing the FAFSA application via code 002639 earn Federal Pell and FSEOG Grants. Garden State residents qualify for the Tuition Aid Grant, EOF Grant, and Governor’s Urban Scholars Program. Graduate assistantships offer annual master’s stipends of $23,934. Ph.D. in Financial Engineering students could receive the full-ride Provost’s Doctoral Fellowship. The Stevens Institute of Technology would also accept Direct Subsidized, Direct Unsubsidized, PLUS, and private loans.
Learn more about the Stevens Institute of Technology on the School of Business website.
