In this article, a feasibility study for initiating a new undergraduate program in network engineering and security is presented. The study was based on surveying and analyzing the current and projected future market demand for specialized network engineering graduates. The results of the study concluded that the demand for such a specialty in the work place is rapidly growing as the networking and telecommunication technologies are becoming essential and integral parts of about any organization around the world. As a result of the study, a pioneering program of network engineering and security was established at the Jordan University of Science and Technology.