Technion – Israel Institute of Technology, consistently ranked among the world’s top science and technology research universities, is Israel’s first university. Since its founding in 1912, the institute has educated generations of engineers, architects, and scientists who have played a key role in laying the State of Israel’s infrastructure and establishing its crucial high-tech industries. Beginning with 17 students, Technion has been Israel’s primary source of technological manpower and the nation’s largest comprehensive academic center for advanced science and technology education, as well as applied research. In addition, Technion is one of only a handful of technology institutes in the world with an affiliated medical school.
Technion has 18 academic departments in engineering, natural sciences, medicine and architecture, as well as 60 research centers. Students may choose from some 50 undergraduate and 82 graduate academic programs. There are currently close to 14,000 students at the Technion (~9,300 BSc, ~2,800 MSc, ~1,000 PhD, and ~ 660 MD). To date, Technion has awarded around 100,000 degrees. Technion graduates have brought the unique skills and penchant for innovation which helped conceive and consolidate the modern State of Israel – commonly acknowledged to be the “Start-up Nation.”
The staff of the Technion includes 620 faculty members; 1,000 technical and administrative staff; 250 clinicians; and 950 adjuncts and instructors.
The main campus, Technion City, is a 300-acre site located on Mount Carmel in Haifa that comprises 90 buildings and is frequented by thousands of people every day. Technion City includes a substantive network of dormitory villages offering individual and family accommodation (4,200 dormitory beds) to students and young faculty. The Rappaport Faculty of Medicine is located off-campus, in the Bat Galim seaside neighborhood, adjacent to the Rambam Health Care Campus — northern Israel’s largest medical center.
Technion Graduates Drive Israel’s High-Tech Economy: Technion graduates make up the majority of Israeli-educated scientists and engineers, constituting more than 70% of the country’s founders and managers of high-tech industries. Technion graduates founded and/or lead two-thirds of Israeli companies on NASDAQ.
Technion’s success in supporting Israel’s economy has been dramatic. Israel is now home to the greatest concentration of high-tech start-up companies anywhere outside of Silicon Valley. High-tech industry now accounts for more than 54% of Israel’s industrial exports, and over 26% of the country’s exports. In Israel, 135 out of every 10,000 workers are scientists and engineers, compared to the United States (second place), where 85 out of every 10,000 workers are so employed. Moreover, in Israel, nine out of every 1,000 workers are engaged in R&D, nearly double the rate of the USA and Japan.