Rose-Hulman Institute of Technology (RHIT) was founded in 1874 as the Rose Polytechnic Institute. Today, it is home to 2,100 undergraduate and 100 graduate students majoring in engineering, science or mathematics. With a faculty-student ratio of 1:13 and an average class size of 20, Rose-Hulman has been ranked No. 1 by U.S. News & World Report among institutions whose highest degree in engineering is the master’s for 16 years in a row. With nearly 100 percent of students having a job lined up on graduation day at an average starting salary of $64,000, the school is ranked in the Payscale Top 10 for starting salaries.