New Jersey Institute of Technology Business Programs

Located in Newark, New Jersey, New Jersey Institute of Technology is a public institution. The location of the school is great for students who enjoy the amenities of city life.

New Jersey Institute of Technology Rankings

Our rankings are based on an outcomes-based approach rather than subjective ones used by other media outlets. As such, we utilize data from the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard, among other sources. Visit our rankings and methodology section to learn more.

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at NJIT.

Rank	Ranking Name	Share
#41	Most Popular Business Administration & Management Graduate Certificate Schools	Tweet It - Post It
#135	Best Business Administration & Management Master’s Degree Schools	Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards NJIT has earned from around the web.

Rank	Ranking Name	Source
#160	Best General Business Administration and Management Colleges for Veterans	College Factual
#161	Best Business Administration & Management Colleges for Veterans	College Factual
#182	Best Business, Management & Marketing Colleges for Veterans	College Factual
#227	Best Schools	Course Advisor

Where Is New Jersey Institute of Technology?

Contact details for NJIT are given below.

	Contact Details
Address:	University Heights, Newark, NJ 07102
Phone:	973-596-3000
Website:	www.njit.edu/
Facebook:	http://www.facebook.com/pages/Newark-NJ/NJIT/7185471825
Twitter:	http://twitter.com/njit

How Do I Get Into NJIT?

You can apply to NJIT online at: https://apply.njit.edu/

Admission Requirements for NJIT

Submission	Required?
High School GPA	required
High School Rank	considered but not required
High School Transcript	required
College Prep Program	required
Recommendations	required
SAT or ACT Scores	considered but not required
TOEFL	required

How Hard Is It To Get Into NJIT?

The acceptance rate at NJIT is 66%, which is a sign that the school is fairly selective. While it may not be as hard to get into as other colleges, you should not take admission for granted.

Approximately 68% of accepted students are men and 32% are women. The acceptance rate for men is 67%, and the acceptance rate for women is 64%.

Average Test Scores

About 88% of students accepted to NJIT submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 590 and 670. Math scores were between 610 and 720.

NJIT received ACT scores from 20% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 23 and 33. Math scores were between 25 and 32. Composite scores were between 25 and 31.

Can I Afford New Jersey Institute of Technology?

The overall average net price of NJIT is $41,095. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

It's not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At NJIT, approximately 39% of students took out student loans averaging $8,067 a year. That adds up to $32,268 over four years for those students.

The student loan default rate at NJIT is 4.0%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

New Jersey Institute of Technology Undergraduate Student Diversity

There are 9,084 undergraduate students at NJIT, with 7,389 being full-time and 1,695 being part-time.

There are also 2,568 graduate students at the school.

Gender Diversity

Of the 7,389 full-time undergraduates at NJIT, 75% are male and 25% are female.

Racial-Ethnic Diversity

The racial-ethnic breakdown of New Jersey Institute of Technology students is as follows.

Race/Ethnicity	Number of Grads
Asian	1,755
Black or African American	578
Hispanic or Latino	1,512
White	2,479
International Students	623
Other Races/Ethnicities	442

Geographic Diversity

New Jersey students aren't the only ones who study at New Jersey Institute of Technology. At this time, 16 states are represented by the student population at the school.

Over 86 countries are represented at NJIT. The most popular countries sending students to the school are India, China, and Taiwan.

Online Learning at New Jersey Institute of Technology

In 2019-2020, 9,827 students took at least one online class at the school.

The following chart shows how the online learning population at NJIT has changed over the last few years.

Online Affordability Rankings of NJIT

During the most recent year for which we have data, the full-time undergraduate tuition at New Jersey Institute of Technology was $17,674 for in-state students. Out-of-state students paid $33,386. The following table shows how NJIT is ranked for affordability for both in-state and out-of-state students among colleges and universities that are not mostly online.

Major	Tuition for In-State Students	Tuition for Out-of-State Students
Management Science	#16	#34
Interior Design Management	#46	#126
Management Sciences & Quantitative Methods	#47	#75

Online Growth Rankings of NJIT

The average growth rate over the last four years of online students at New Jersey Institute of Technology was 158.2%. This is the #266 largest growth rate of all schools that are only partially online. This refers to all students at NJIT regardless of major.

When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.

New Jersey Institute of Technology Business Concentrations

The table below shows the number of awards for each concentration.

Major	Bachelor’s	Graduate Certificate	Master’s	Doctor’s	TOTAL
General Business Administration and Management	90	36	1	0	127
Interior Design Management	0	0	62	0	62
Management Science	0	5	40	3	48
Finance	0	1	0	0	1
International Business/Trade/Commerce	0	0	0	0	0
TOTAL	90	42	103	3	238

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• Image Credit: By Jim.henderson under License

More about our data sources and methodologies.