Recently, universities around the world have been paying significant attention towards the retention of students in their undergraduate studies. Such an action falls in parallel with the efforts of quality assurance where the retention rate can be considered as a key indicator for quality improvement. Engineering programs, the case of this study, should aim not only to attract students for pursuing their undergraduate education but to have a preset goal of retaining and graduating students. The aim of this paper is to show the importance of student retention and graduation in engineering programs in Lebanon. It will consider the Faculty of Engineering at Beirut Arab University (BAU) as a case study. It is believed that it is of a high importance to highlight the engineering students’ retention especially that Lebanon and the Middle East are now facing financial problems and facing many economic constraints of an increasing intensity. Finally, a set of institutional actions/strategies are presented where it is adopted by BAU and can be taken in the context of the Lebanese universities to improve the retention and graduation rates.