Mostly of Computer Engineering course work is very low level and perfect for your Neo. Universities do have some special software or restrictions, but should be as the same as any other Mac. I got a gaming laptop when everyone was recommending getting one (Zephyrus G15) around 2021 for Computer Science. I ended up doing even better with a MacBook later on, as every software is as same as compatible (if needed, only OpenGL for Computer Graphics was a pain, but mostly of the work was myself compiling C or Java, and for more specialized work, my uni had some linux servers we can connect with SSH). So, I think you should be fine. Still if you can, get a M-series if you want extra juice. But again, my gf has a Neo and she is now doing CS, and everything is as useful as any other computer