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Average Salary for Illinois Institute of Technology (IIT) Alumni

Illinois Institute of Technology is a private research university based in Chicago, Ill. that is home to around 3,000 undergraduates. Private education at this university is geared towards the engineering student. The data in this summary come from IIT alumni who took the PayScale salary survey.

Overall College ROI Rank
24
out of 1312
See full list
ROI Rank for Private not-for-profit Universities
15
out of 476
Mid-Career Salary Rank for Engineering
23
out of 34
See full list
Typical Early Career Salary
$58,300
Illinois Institute of Technology (IIT) Alumni
Median Salary by Job
Job
National Salary Data (?
XAll compensation data shown are the gross, national median (50th percentile). Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Software Engineer
26 salaries
$74,313  
   
Project Engineer
18 salaries
$58,343  
Mechanical Engineer
17 salaries
$72,540  
Senior Software Engineer
16 salaries
$96,563  
Design Architect
14 salaries
$57,391  
Intern Architect
14 salaries
$40,473  
Sr. Software Engineer / Developer / Programmer
10 salaries
$85,218  
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 562
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Illinois Institute of Technology (IIT) Details

Address:

3300 S Federal St
Chicago, IL 60616

Website:

Also Known As:

Illinois Institute of Technology

Admissions Website:

Students Enrolled:

2,801

Categories:

Private Schools, Research Universities, Engineering

Graduation Rate:

68 %

% STEM:

69 %

% Stay In State:

72 %

% Receiving Pell Grants:

32 %
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Source: Freebase, licensed under CC-BY

Industry

Graduates of IIT go into the construction industry, the engineering services industry, and the architectural and engineering services industry, not to mention a variety of other lines of work. The most popular career sector among alumni is the architectural services industry. Consistent with the high SAT scores reported by IIT alumni, former students go on to earn high salaries. Graduates of IIT typically earn $77K.

Gender

At this school, there are significantly more males than females — the male-to-female ratio is more than 3 to 1 — which leads to a higher number of male grads.

Jobs

Former IIT students with an interest in making money consider becoming Senior Software Engineers, the highest-paying gig (earnings amount to $96K) among this alumni group. Other well-paid jobs include Software Engineers (approximately $74K) and Mechanical Engineers ($73K). Intern Architects get the short end of the stick when it comes to salary, where grads report making an average of around $40K in this job.

Locations

IIT students enjoy their time in Chicago, and nearly one-half of students actually choose to reside here post-college and find jobs in the city. It is no surprise that Houston, which hands out the biggest paychecks (the average salary is $110K), is another of the most popular spots for former IIT students. Home to the lowest median salary for IIT alumni is Atlanta, a popular place for former students despite its about $53K average paycheck. San Francisco and New York are also desirable cities.

Employers

Former IIT students head to Motorola, Inc. for above-average paychecks of $78K. Continental Automotive Systems Inc hands out the smallest paychecks, where median earnings come out to $66K.

Degree Major

A Juris Doctor (JD), Master of Jurisprudence, or Master of Law (LLM) earns IIT students the most money after college (around $144K per year). Annual salaries for those with a Bachelor of Architecture (BArch) are the lowest of the pack, earning approximately $46K.

Skills

Project Management is a common skill among IIT alumni — close to one-fifth of grads mention using it at work. Knowledge of SQL seems to be related to bigger paychecks; in fact, skilled alumni bring in salaries that are 16 percent more than their former classmates' salaries ($90K). Experience with Engineering Design, AutoCAD, and Microsoft Office is highly valued as well.

Benefits and Perks

Just one-third of alumni enjoy paid vacation and merely one-fifth of alumni get paid sick time. In an effort to save up for the years ahead, a strong majority of alumni contribute to a 401(k). Health coverage is awarded to a solid majority of former students, and dental insurance is issued to most alums as well. Illinois Institute of Technology grads are also lucky enough to receive life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.

Related Schools

Alumni of Clarkson University pick up average paychecks of about $72K, which is closest to the amount made by IIT grads among similar schools. Other schools similar to IIT include the University of Dayton, Duquesne University, and Drexel University.

Illinois Institute of Technology (IIT) Job Listings

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Test Scores
Academics 25th Percentile 75th Percentile
SAT Scores 1643 1980
ACT Scores 24 30

Key Stats

Gender

Female

20 %

female alumni

Male

80 %

male alumni
Salary
$41,002 - $81,898
Salary
$50,259 - $102,266

Years of Experience

Less than 1 year
7%
1-4 years
37%
5-9 years
26%
10-19 years
16%
20 years or more
14%

Job Satisfaction


Highly satisfied
Rated 4 out of 5
based on 163 votes.

Popular Companies

$72,908 - $82,380
$55,638
$87,455

Popular Cities

$42,680 - $92,224
$55,000 - $126,181
$49,022 - $142,482
$48,656 - $122,280
$55,000 - $112,500

More Charts: Illinois Institute of Technology (IIT) Alumni

Most Popular Years Experience for Illinois Institute of Technology (IIT) Alumni
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