Stony Brook Ranked Among Nation’s Top ROI Schools for Computer Science
National survey helps determine the ‘payback’ value of an undergraduate degree
Jun 28, 2013 – 9:45:00 AM
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STONY BROOK, NY, June 28, 2013 – Stony Brook University has been named a top school for return on investment for computer science majors in PayScale.com’s 2013 ROI report.
Among colleges and universities nationwide that offer computer science majors, Stony Brook ranked 10th in ROI for a computer science degree, ahead of institutions such as Carnegie Mellon University, Rutgers University, University of California (San Diego), University of Maryland (College Park) and University of Washington.
According to the report, titled “2013 College Education ROI Rankings: Does a Degree Always Pay Off?”, a Stony Brook graduate with a computer science degree can expect cumulative earnings of $1,947,000 over 30 years, after college costs are subtracted.
“This report highlights how valuable a Stony Brook computer science degree is,” said Arie Kaufman, Distinguished Professor and Chair of the Department of Computer Science. “Students graduating from our department typically have half a dozen offers from top IT and technology companies.”
PayScale.com’s study analyzed more than 1,000 U.S. colleges and universities, including private, public and for-profit schools, to determine the potential financial return of attending each school given the cost of tuition and the payoff in median lifetime earnings associated with each school. In addition to being ranked by major, the schools were ranked by region, type and gender.
Stony Brook University was listed as 16th among public universities with the best return on investment.
Seattle-based PayScale, which bills itself as the leading online provider of employee compensation data, based its report on the results of surveys of employees who possess a bachelor’s degree. No higher degrees were included in the survey, and only graduates who are employed full time were included.
For a complete listing by category, as well as the methodology used to calculate the ROI, visit www.payscale.com/college-education-value-2013.
About the Computer Science Department at Stony Brook University
Established in 1969, the Computer Science Department at Stony Brook University is consistently ranked among the top 20 computer science departments in the nation by the National Research Council. The department is the largest unit in the College of Engineering and Applied Sciences and is among the largest on the campus. A Gourman report indicated Stony Brook’s undergraduate program, accredited by the Computing Accreditation Commission of ABET, was ranked 15th nationwide and 2nd in New York State. The most recent NRC survey ranked its graduate program among the top 20 graduate programs in the U.S. With an annual research expenditure of roughly $8 million, the department is active in many of the major research areas in computer science. Computer Science faculty and students work closely together in an open, collegial atmosphere. The department is active in many of the major research areas in computer science with specialization in Visual Computing, Computer Systems, Networking, Security, Intelligent Systems, Concurrency and Verification, Algorithms and Computer Science Education. It is the primary participant in the Center of Excellence in Wireless and Information Technology (CEWIT), a $50 million High-Tech Center at Stony Brook and one of a handful in New York State. A new 70,000-square-foot state-of-the-art Computer Science Building will open in 2014.
© Stony Brook University 2013