The Panel on Undergraduate Engineering Education prepared this report as part of the overall effort of the National Research Council's Committee on the Education and Utilization of the Engineer. The panel studied the academic preparation of engineers for practicing their profession. This document provides an analysis of the research done by the panel. Its findings and recommendations deal with: (1) "The Goals of Undergraduate Engineering Education"; (2) "Undergraduate Students"; (3) "Faculty"; (4) "The Curriculum"; (5) "The Role of Laboratory Instruction"; and (6) "The Two-Tiered System." The major conclusions of the study are described in the executive summary. (TW)