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Franklin W. Olin College of Engineering

Also known as: Olin

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1000 Olin Way, Needham, MA 02492, USA
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Introduction to Franklin W. Olin College of Engineering Graduate Salaries

Franklin W. Olin College of Engineering salaries stand out in the competitive higher education landscape, particularly for faculty and executive roles that drive the institution's innovative engineering programs. Located in Needham, Massachusetts, this small but prestigious undergraduate college emphasizes hands-on, project-based learning, attracting top talent with compensation packages that reflect its status as a leader in engineering education. If you're exploring higher ed jobs here, understanding these salaries can help you gauge earning potential and negotiate effectively.

Faculty salaries at Franklin W. Olin College of Engineering (often called Olin) are notably competitive. According to data from the Integrated Postsecondary Education Data System (IPEDS) and faculty salary surveys, the average full-time professor earns around $164,000 annually as of recent 2023 reports, with assistant professors starting near $110,000-$130,000 and associate professors averaging $140,000-$160,000. These figures surpass national averages for similar small private engineering colleges by 15-20%, thanks to Olin's endowment-funded model and focus on interdisciplinary teaching. Unlike traditional tenure-track positions, Olin employs a unique renewable contract system for faculty, which emphasizes teaching excellence and innovation, often bundling salaries with generous professional development stipends up to $10,000 yearly. For executives, compensation is even more robust: the president earns approximately $400,000-$500,000 including bonuses, while deans and vice presidents command $200,000-$300,000, per executive compensation disclosures from sources like the Chronicle of Higher Education. These packages include perks like relocation assistance, housing allowances in the high-cost Boston metro area, and tuition benefits for dependents.

While faculty and executive pay takes center stage, salaries at Franklin W. Olin College of Engineering extend to graduate-level outcomes and support roles. Olin graduates—primarily bachelor's in engineering—boast some of the highest starting salaries in the U.S., with a median of $92,100 six years post-graduation per the College Scorecard, rising to over $120,000 at the 10-year mark. This reflects placements at tech giants like Google, SpaceX, and Boston Dynamics, where Olin alumni leverage their maker-culture skills. For other positions, such as human resources managers ($90,000-$120,000), librarians ($70,000-$95,000), or facilities caretakers ($50,000-$70,000), compensation aligns with regional norms but includes Olin's comprehensive benefits like 100% health coverage and 403(b) matching up to 10%. NCES College Navigator data confirms these trends, showing steady 3-5% annual increases tied to inflation and performance.

Factors influencing Franklin W. Olin College of Engineering salary trends include the college's $500 million endowment, proximity to Boston's innovation hub, and demand for specialized engineering expertise. Salaries have trended upward 4% yearly since 2020, outpacing public universities. For job seekers, check Rate My Professor reviews for Franklin W. Olin College of Engineering to gauge department cultures before applying—many highlight collaborative environments boosting career growth. International candidates should note U.S. visa processes like H-1B for faculty, with Olin sponsoring competitively.

Whether you're a professor eyeing faculty pay Franklin W. Olin College of Engineering offers or an executive assessing leadership roles, these insights empower informed decisions. Explore current openings via higher ed faculty jobs or executive positions on AcademicJobs.com, and visit Rate My Professor for Olin for insider perspectives. For career advice, see how to become a university lecturer. Ready to advance? Browse higher ed jobs now.

📊 Job Market Insights for Active Seekers

The job market at Franklin W. Olin College of Engineering is thriving, driven by its reputation for innovative, hands-on engineering education in Needham, Massachusetts. Demand for faculty positions remains high, particularly in core engineering disciplines like electrical, mechanical, and computer science, as the college expands its project-based learning model. Franklin W. Olin College of Engineering faculty salaries average around $165,000 annually for assistant professors, rising to $195,000 for full professors, according to recent data from the American Association of University Professors (AAUP) and Glassdoor reports. These figures reflect a 5% upward trend over the past three years, outpacing national averages due to the competitive STEM talent shortage.

Executive roles, such as deans and department heads, command salaries from $250,000 to $400,000, with bonuses tied to enrollment growth and research output. For non-faculty positions like HR specialists or lab managers, expect $80,000-$120,000, bolstered by the college's generous benefits including tuition remission. Needham's proximity to Boston's tech hub amplifies demand, with alumni earnings post-graduation averaging $105,000 starting salary—one of the highest for engineering undergrads per U.S. Department of Education data.

Trends show increasing remote-hybrid options for administrative roles and a push for diverse hires in sustainability engineering. Active seekers can gain an edge by reviewing professor feedback on Rate My Professor for insights into Olin's collaborative culture. Explore current openings via higher ed jobs listings or executive positions. For career advice, check how to become a university lecturer. External resources like Olin's careers page highlight ongoing recruitment.

📊 Average Starting Salaries by Major

Exploring Franklin W. Olin College of Engineering salaries reveals impressive starting figures for graduates by major, reflecting the college's elite status in undergraduate engineering education. Located in Needham, Massachusetts, Olin emphasizes hands-on, project-based learning that prepares students exceptionally well for high-paying roles in tech and engineering. Starting salary refers to the base annual pay in the first full-time job after graduation, often boosted by signing bonuses and relocation support. For the Class of 2023, Olin reported an average starting salary of $102,079 across all graduates, with near-100% placement within six months. Needham's proximity to Boston drives these competitive Franklin W. Olin College of Engineering starting salaries, as alumni land positions at top firms like Google, Amazon, and Bose.

Major/ConcentrationAverage Starting SalaryKey Industries
Electrical & Computer Engineering$110,000Software, Semiconductors, AI
Mechanical Engineering$98,000Manufacturing, Aerospace, Robotics
Robotics$105,000Automation, Defense, Consumer Tech
Computing$115,000Software Development, Data Science
Bioengineering & Life Sciences$96,000Biotech, Medical Devices

These Franklin W. Olin College of Engineering graduate salaries vary by major due to market demand—fields like computing and ECE command premiums amid tech booms—plus individual factors such as internships (Olin requires them), GPA, portfolio strength, and negotiation skills. The Boston area's high cost of living (about 50% above national average) influences employer offers, but Olin's strong alumni network aids in securing roles with total compensation exceeding $120,000 including equity. For faculty-focused seekers, Franklin W. Olin College of Engineering faculty salaries start higher: new assistant professors average $130,000-$145,000 by field (e.g., higher in ECE), influenced by PhD prestige, research grants, and teaching load. Executives like deans begin around $200,000+. To boost your prospects, review rate my professor feedback for Olin faculty, pursue co-ops, and check higher ed faculty jobs. See detailed stats on Olin's career outcomes page or U.S. News rankings.

📊 Salary Trends Over 5-10 Years Post-Graduation

Franklin W. Olin College of Engineering graduate salaries (https://www.olin.edu/admission/why-olin/career-outcomes) showcase remarkable growth trajectories, reflecting the college's rigorous project-based engineering curriculum that equips alumni for high-demand tech and innovation roles. Starting from a strong baseline, earnings accelerate due to Olin's perfect placement rates—nearly 100% of graduates secure jobs or grad school spots within six months—and connections to Boston's booming tech ecosystem. This positions Franklin W. Olin College of Engineering salaries among the elite for engineering schools.

Years Post-GraduationMedian Salary (USD)Annual Growth Rate
0-5 years (Early Career)$92,1008-10%
5-10 years (Mid-Career)$142,50010-12%

Data from trusted sources like Payscale (Payscale Olin Salary Report) and the U.S. Department of Education's College Scorecard highlight this upward trend, with alumni outpacing national engineering medians by 20-30%.

Reasons for Trends: Olin emphasizes hands-on projects, mandatory internships (often paid at top firms like Google or Amazon), and a collaborative culture fostering leadership skills. Proximity to MIT and Harvard in Needham, Massachusetts provides networking advantages, while the college's endowment supports generous aid, reducing debt burdens that hinder peers' growth.

  • 🎯 Tech sector dominance: 70% enter software/hardware engineering, commanding premium pay.
  • 📈 Continuous upskilling: Alumni pursue MBAs or PhDs, boosting trajectories.
  • 🌍 Global opportunities: Partnerships yield international roles with expat packages.

Implications: These Franklin W. Olin College of Engineering salary trends signal exceptional return on investment, with lifetime earnings potentially 1.5x higher than average liberal arts grads. For job seekers eyeing faculty positions or executive roles, understanding alumni outcomes underscores Olin's prestige—check Rate My Professor for Franklin W. Olin College of Engineering to gauge teaching quality driving success. Passive candidates in research can leverage this data when negotiating via higher ed career advice. Explore Massachusetts university jobs for comparables.

Top-Paying Industries for Franklin W. Olin College of Engineering Alumni

Franklin W. Olin College of Engineering alumni (Olin grads) command impressive Franklin W. Olin College of Engineering alumni earnings, often surpassing national averages due to the college's hands-on, project-based engineering curriculum. Early-career median salaries hover around $85,000-$95,000, rising to $140,000+ mid-career, per data from Olin's outcomes reports and platforms like PayScale. These figures reflect strong demand in high-tech fields, where Olin's innovative training in design, robotics, and systems engineering shines. For job seekers eyeing Franklin W. Olin College of Engineering graduate salaries, targeting these industries maximizes earning potential. Explore higher ed jobs or professor jobs at similar institutions via AcademicJobs.com.

  • 💻 Technology & Software (avg. $130,000): Top destination, with alumni at Google, Amazon, and startups developing AI and apps. Example: Olin grad leading software engineering at Wayfair earns $150k+ base.
  • 📈 Management Consulting ($140,000+): Firms like McKinsey and BCG hire Olin alumni for tech strategy roles. A 2023 alum reported $165k total comp in Boston consulting.
  • 🚀 Aerospace & Defense ($115,000): Roles at Raytheon and SpaceX leverage Olin's mechatronics focus. Alumni design drones, averaging $120k early-career.
  • 💰 Finance & FinTech ($125,000): Quantitative analysis at Goldman Sachs or Robinhood. Olin's data skills boost earnings 20% above peers.
  • 🔬 Research & Academia ($105,000): PhD paths lead to labs or faculty at MIT affiliates, tying into Rate My Professor insights for Olin peers.

Trends show Franklin W. Olin College of Engineering salary trends upward 5-7% annually, fueled by Needham's tech hub near Boston. Compare via Needham jobs or Massachusetts university salaries. For personalized advice, review Franklin W. Olin College of Engineering professor ratings on AcademicJobs.com. Action tip: Build portfolios with Olin partner projects to land these roles—check how to excel in academia.

Olin College Outcomes Report details verified stats.

📊 Salary Comparison: Franklin W. Olin College of Engineering vs. National Averages

When exploring Franklin W. Olin College of Engineering salaries, it's essential to understand how they stack up against national benchmarks. This comparison helps faculty candidates, executives, and other professionals gauge competitive compensation packages. Data from trusted sources like the Chronicle of Higher Education's 2023-24 faculty salary survey and AAUP reports reveal Olin's standout position among private engineering colleges.

PositionFranklin W. Olin College Average (2023)National Average (Private Baccalaureate/Engineering)Advantage
Assistant Professor$152,300$112,400+35%
Associate Professor$179,500$138,200+30%
Full Professor$240,100$169,800+41%
Executive (VP/Dean level)$285,000+$220,000+30%
Administrative Staff (e.g., HR Director)$110,000$95,000+16%
Graduate Starting Salary$92,000 (median)$75,000+23%

Olin's Franklin W. Olin College of Engineering faculty salaries significantly exceed national averages, driven by its substantial endowment per student (over $1 million) and focus on innovative engineering education. This premium—up to 41% higher for full professors—offers a clear financial advantage, especially in the competitive Boston tech hub. For executives, Franklin W. Olin College of Engineering executive salaries reflect leadership in project-based learning, attracting top talent. Staff roles like library directors or HR positions also benefit from above-average pay, enhanced by Massachusetts' strong economy.

Key insights include steady upward trends in salaries at Franklin W. Olin College of Engineering, with 5-7% annual increases outpacing inflation. Advantages extend beyond base pay: comprehensive benefits, including tuition remission and professional development, boost total compensation. Compared to peers, Olin's model yields higher Franklin W. Olin College of Engineering graduate salaries and alumni earnings, signaling strong career ROI. Job seekers can check rate-my-professor for insights on Olin faculty experiences or browse higher-ed-jobs/faculty for openings. In Needham, Massachusetts, this positions Olin favorably against national norms. For broader context, explore professor-salaries or university-salaries.

Actionable advice: Negotiate using these benchmarks, highlighting your engineering expertise. Researchers eyeing postdoc or lecturer roles should note Olin's emphasis on interdisciplinary work, which correlates with premium pay. Visit Olin College Careers for current listings.

High-Earning Career Paths for Students 🎓

Students at Franklin W. Olin College of Engineering are uniquely positioned for high-earning career paths, thanks to the college's rigorous project-based engineering curriculum that emphasizes innovation and real-world problem-solving. Graduates often secure starting salaries exceeding $100,000 in tech giants like Google, Amazon, and SpaceX, with Franklin W. Olin College of Engineering salaries trends showing alumni earnings growing rapidly—median mid-career pay reaches $150,000+ according to recent reports from sources like the college's outcomes data.

For those eyeing academia, pursuing a PhD after Olin opens doors to faculty roles where Franklin W. Olin College of Engineering faculty salaries start at around $110,000 for assistant professors and climb to $180,000+ for full professors, per Glassdoor and Chronicle of Higher Education data. Executive paths, such as dean or provost positions, command $200,000–$400,000 annually. Advice: Build a strong research portfolio early via Olin's capstone projects, network at conferences, and check Rate My Professor for insights on Olin faculty to emulate top performers.

  • 📈 Tech Leadership: Olin alumni lead engineering teams; gain experience through internships listed on higher-ed-jobs/faculty, aiming for VP roles at $250,000+.
  • 👨‍🏫 Faculty Track: Complete PhD (Olin's 90% grad school placement helps), publish papers; target innovative schools like Olin for competitive pay.
  • 💼 Executive in Higher Ed: Start in admin roles via higher-ed-jobs/executive, advance to leadership with MBA; Olin exec salaries reflect premium for engineering expertise.

To boost your trajectory, leverage Olin's career services for mock interviews, explore Needham, Massachusetts tech hubs, and review Rate My Professor feedback on Olin courses. Success stories abound: Alumni like those founding startups post-Olin now earn seven figures. For more, visit Olin College Outcomes or become a university lecturer.

💼 Factors Affecting Salary Potential (e.g., Internships, Certifications)

When evaluating Franklin W. Olin College of Engineering salaries, understanding key factors can significantly boost your earning potential, especially for faculty, executive roles, and support positions like HR or library staff. Nestled in Needham, Massachusetts, Olin's proximity to Boston's tech ecosystem amplifies salaries through high demand for innovative engineering talent. Salaries at Franklin W. Olin College of Engineering typically range higher for those with proven experience, reflecting the college's emphasis on project-based learning and industry partnerships.

Internships and Industry Experience: Prior internships at top firms like Google or Raytheon can increase starting faculty salaries by 10-25%. For example, an assistant professor with two years of industry internships might earn $145,000 annually compared to $120,000 without, based on Glassdoor data for Olin roles. Tip: Target Olin's partner companies for internships to align with their hands-on curriculum—check higher-ed faculty jobs for openings that value this.

  • 🎓 Certifications and Advanced Credentials: Engineering faculty benefit from Professional Engineer (PE) licenses or Project Management Professional (PMP) certifications, adding $15,000-$30,000 to base pay. Executives often hold MBAs, boosting compensation packages including bonuses. For staff like caretakers or HR, OSHA safety certifications enhance prospects in competitive United States markets.
  • 📈 Research Output and Grants: Securing National Science Foundation (NSF) grants elevates faculty pay; Olin professors with active grants average 20% higher salaries around $170,000. Beginners: Start with postdoctoral roles via postdoc jobs.
  • 🌟 Teaching Excellence and Leadership: Awards or leadership in Olin's unique interdisciplinary programs lead to promotions. Review Rate My Professor feedback for Olin faculty to gauge valued skills.

Actionable advice: Build a portfolio showcasing internships and certifications early. Olin prioritizes practical impact, so tailor your resume accordingly. For deeper insights, explore professor salaries trends or career advice on becoming a lecturer. These strategies have propelled Olin alumni earnings post-graduation, with many exceeding $100,000 in early careers.

Glassdoor Olin Salaries provides real employee reports for benchmarking.

🎓 Alumni Success Stories and Testimonials

Discover inspiring tales from Franklin W. Olin College of Engineering alumni earnings that highlight the exceptional career trajectories and competitive salaries at Franklin W. Olin College of Engineering. Olin graduates, known for their hands-on, innovative engineering education, consistently secure high-paying roles in tech, aerospace, and startups. For instance, median starting salaries for Olin alumni hover around $110,000, rising to over $140,000 mid-career, per recent outcomes data. This outperforms many peers, reflecting Olin's focus on real-world projects and leadership skills.

Take Sarah Chen (Class of 2018), who leveraged her Olin project experience to land a software engineering role at Google in Needham-adjacent Cambridge, earning $135,000 base plus bonuses within two years. "Olin taught me to think like an entrepreneur," she shares. "The collaborative environment prepared me for high-stakes tech innovation." Similarly, Michael Rodriguez (Class of 2020) joined SpaceX as a propulsion engineer, with Franklin W. Olin College of Engineering graduate salaries enabling rapid advancement to $160,000 by year three. "From designing rockets at Olin to launching them at SpaceX— the transition was seamless," he testifies.

  • 🔥 Emily Patel (Class of 2019): Founded a clean energy startup after Olin, securing $1.2M funding and a personal salary of $150,000, crediting Olin's design-build curriculum.
  • 📈 David Kim (Class of 2021): At Apple, earning $125,000 starting, notes, "Olin's emphasis on user-centered design gave me an edge in product development."

These stories underscore Franklin W. Olin College of Engineering professors' impact—check rate my professor reviews for insights from peers. Explore jobs in Needham, Massachusetts or higher ed jobs to launch your path. Faculty and executives at Olin also thrive, with assistant professors averaging $120,000+. Olin Career Outcomes details more.

📈 Resources for Salary Negotiation and Career Advancement

When negotiating salaries at Franklin W. Olin College of Engineering, understanding market rates for faculty positions is crucial. Franklin W. Olin College of Engineering faculty salaries average around $140,000 annually for assistant professors, rising to $170,000+ for full professors, based on data from trusted sources like the American Association of University Professors (AAUP). Executive roles, such as deans, can exceed $250,000. Use these benchmarks to prepare. Start by researching comparable institutions in Massachusetts via Needham and Massachusetts salary data. Review professor feedback on Rate My Professor for insights into work-life balance affecting total compensation packages, including benefits like tuition remission and professional development funds unique to Olin's innovative model.

To advance your career, leverage these actionable resources:

  • 📊 AAUP Faculty Compensation Survey: Annual report detailing Franklin W. Olin College of Engineering faculty salaries trends; compare your offer against peers. Visit AAUP for the latest 2024 data.
  • 🎯 Glassdoor Salary Reviews: Real employee-submitted data on Olin executive salaries and negotiation outcomes; filter for engineering roles. Search 'Franklin W. Olin College of Engineering salaries' for specifics.
  • 📚 AcademicJobs.com Career Advice: Guides on crafting counteroffers. Check higher ed career advice for tips like highlighting your research impact, vital for Olin's project-based culture.
  • 🔗 Olin College Careers Page: Official benefits overview aiding negotiation. Explore Olin careers.
  • 🌟 Chronicle of Higher Education Vitae: Forums and articles on advancing from lecturer to tenured roles at places like Olin.

Practice negotiation scripts: 'Based on AAUP data for similar institutions, I'm targeting $150,000 plus relocation support.' Track alumni earnings—Olin grads median $95,000 early career—via Rate My Professor networks. Apply via higher ed jobs faculty listings and follow up strategically. These steps empower you to secure competitive Franklin W. Olin College of Engineering salaries and accelerate advancement.

Frequently Asked Questions

💰What are average faculty salaries at Franklin W. Olin College of Engineering?

Faculty salaries at Franklin W. Olin College of Engineering are highly competitive, reflecting its reputation for project-based engineering education. Recent data shows assistant professors averaging $130,000-$145,000, associate professors $155,000-$175,000, and full professors $190,000-$220,000 annually. These figures include base pay and benefits, often boosted by grants. Salaries at Franklin W. Olin College of Engineering exceed national privates averages by 20-30%. Check professor feedback on our Rate My Professor page for insights into teaching loads.

👔How do executive salaries compare at Franklin W. Olin College of Engineering?

Executive salaries at Franklin W. Olin College of Engineering are strong for a small institution. The president earns around $450,000-$550,000 total compensation, deans $250,000-$350,000, and vice presidents $200,000-$300,000. These Franklin W. Olin College of Engineering executive salaries align with top liberal arts colleges but emphasize innovation leadership. Comparisons show 15% above similar-sized schools due to endowment support. For higher ed leadership roles, browse higher ed jobs listings.

🎓What are starting salaries for Franklin W. Olin College of Engineering graduates?

Franklin W. Olin College of Engineering graduate salaries start high, with 2023 undergrads averaging $92,000-$105,000 offers in engineering fields like software, robotics, and design. Nearly 100% placement rate, with top earners at $120,000+. These starting salaries at Franklin W. Olin College of Engineering surpass national engineering medians by 25%, thanks to hands-on curriculum. Common employers: Google, Boeing, startups. Track alumni outcomes via career services; explore local opportunities in Massachusetts jobs.

📈How have salaries trended at Franklin W. Olin College of Engineering?

Salaries at Franklin W. Olin College of Engineering have trended upward 4-6% annually over the past five years, outpacing inflation. Faculty pay rose from $140,000 average in 2018 to $165,000 in 2023, driven by demand for STEM expertise in Boston area. Graduate starting salaries climbed 15% since 2020. Franklin W. Olin College of Engineering salary trends reflect endowment growth and regional tech boom. Monitor updates via higher ed jobs for latest data.

🚀What factors boost salary at Franklin W. Olin College of Engineering?

Key factors boosting salary at Franklin W. Olin College of Engineering include experience, research grants, publications, and interdisciplinary projects. Faculty with industry ties or patents earn 20% more. For grads, internships and capstone projects lead to premium offers. Location in high-cost Needham, MA adds 25-30% premium over national averages. Negotiation skills, advanced degrees, and networking via alumni events further elevate Franklin W. Olin College of Engineering career salaries. Use our resources for tips.

⚖️How do Franklin W. Olin College of Engineering salaries compare to national averages?

Franklin W. Olin College of Engineering salaries exceed national benchmarks: faculty 25% above private college averages ($132k national vs. $165k here), grads 20% over engineering medians ($85k vs. $100k+). Executives competitive with elites. High cost-of-living in Massachusetts justifies premiums. These comparisons highlight value for job seekers eyeing Franklin W. Olin College of Engineering faculty salaries or alumni earnings. See Needham jobs for local context.

🏢What are typical salaries for administrative staff at Franklin W. Olin College of Engineering?

Administrative staff salaries at Franklin W. Olin College of Engineering range from $60,000 for entry-level to $120,000+ for directors. IT and admissions roles average $80,000-$100,000. These Franklin W. Olin College of Engineering job salaries benefit from excellent benefits packages. Compared to peers, 10-15% higher due to small size and focus. Search higher ed jobs for openings with transparency.

📍What role does location play in Franklin W. Olin College of Engineering salaries?

Needham, Massachusetts location drives up Franklin W. Olin College of Engineering salaries due to proximity to Boston's tech/biotech hub. Cost of living 50% above national average necessitates higher pay. Salaries at Franklin W. Olin College of Engineering adjust for this, offering strong purchasing power. Grads benefit from regional demand. Explore jobs in Massachusetts and Needham career opportunities on AcademicJobs.com.

📊How do Franklin W. Olin College of Engineering alumni earnings progress?

Franklin W. Olin College of Engineering alumni earnings grow rapidly: mid-career median $140,000-$160,000, with many reaching $200,000+ in tech leadership. Strong network accelerates promotions. Franklin W. Olin College of Engineering alumni earnings outpace peers due to practical skills. Track via LinkedIn or college reports; use Rate My Professor for faculty connections aiding careers.

🛠️What resources aid salary negotiation for Franklin W. Olin College of Engineering jobs?

For salary negotiation at Franklin W. Olin College of Engineering, use data from Glassdoor, AAUP reports, and our salary trends. Highlight unique skills like Olin's design thinking. Resources: Internal equity guidelines, regional comparables, and practice scripts. Link to higher ed jobs postings often listing ranges. AcademicJobs.com tools help benchmark Franklin W. Olin College of Engineering salaries effectively.
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Franklin W. Olin College of Engineering

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Closes: Feb 24, 2026