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Average Salary for Illinois Institute of Technology (IIT) Alumni

Nestled away in Chicago, Ill., the student population at Illinois Institute of Technology, a private research school, is roughly 3,000. The private university has a reputation for being engineering-minded. The data for this synopsis comes from former IIT students 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

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
24 salaries
$73,815  
   
Mechanical Engineer
16 salaries
$71,324  
Project Engineer
15 salaries
$56,491  
Senior Software Engineer
15 salaries
$97,347  
Intern Architect
14 salaries
$40,473  
Design Architect
14 salaries
$57,391  
Electrical Engineer
10 salaries
$66,175  
Country: United States | Currency: USD | Updated: 21 Jan 2015 | Individuals Reporting: 511
United States (change)

Illinois Institute of Technology (IIT) Details

3300 S Federal St
Chicago, IL 60616

Illinois Institute of Technology

iit.edu/undergrad_admission/

2,801

Private Schools, Research Universities, Engineering

68 %

69 %

72 %

32 %

Suggest changes »

Freebase CC-BY Source: Freebase, licensed under CC-BY

Industry

Former IIT students are professionally suited for a wide range of fields including the construction industry, the engineering services industry, and the architectural and engineering services industry. The architectural services industry registers as the most common industry among alumni. True to type, IIT alumni go from receiving above-average SAT scores to landing well-paid positions in the workforce. Typical pay for those who graduated from IIT amounts to $77K.

Gender

With a 3 to 1 male-to-female ratio, men represent the better half of this school's graduates.

Jobs

The most lucrative professionals among IIT alumni are Senior Software Engineers; they earn a median annual salary of approximately $97K. Also approaching the top of the pay scale at $74K and $73K are Software Engineers and Mechanical Engineers. 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

Chicago is such a great city that IIT alumni tend to stick around after wrapping up their studies, with approximately half of grads staying on to find permanent work. In addition, former IIT students often head to Houston after graduating, where typical salaries come to $111K in this top-paying city. On the flipside, the lowest-paying city popular among IIT grads is Atlanta (median compensation is about $53K). San Francisco and New York are also desirable cities.

Employers

IIT grads can make the most money at Motorola, Inc.; average pay at this company is approximately $78K. Bringing in the least amount of money are Continental Automotive Systems Inc employees; they earn an average of $66K.

Degree Major

Among the highest-paid IIT alumni are those with a Juris Doctor (JD), Master of Jurisprudence, or Master of Law (LLM) — they earn close to $144K per year. A Bachelor of Architecture (BArch) commands less pay, and these degree-holders face salaries of about $46K.

Skills

Many former IIT students are familiar with Project Management, and approximately one-fifth of grads move on to positions where this experience is utilized. Illinois Institute of Technology grads with SQL experience garner salaries that are 14 percent more than other grads' salaries. Engineering Design, AutoCAD, and Microsoft Office are desirable skills as well.

Benefits and Perks

When it comes to benefits, there is room for improvement — only one-third of alumni are paid for vacation and just one-fifth of alumni for sick time. A solid majority of graduates allocate some part of their earnings to a company-sponsored 401(k) savings plan. A strong majority of respondents enjoy benefits like health insurance, while a fair portion of graduates receive dental plans, too. Illinois Institute of Technology alumni are also on the receiving end of life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.

Related Schools

Compensation averages $78K for Polytechnic Institute of New York University alumni, making their earnings most comparable to IIT grads. Other schools similar to IIT include the University of Dayton, Duquesne University, and Drexel University.

Test Scores

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

Key Stats

Female
20 %
Male
80 %
Salary
$41,259 - $82,547
Salary
$50,698 - $102,255
Less than 1 year
6%
1-4 years
37%
5-9 years
26%
10-19 years
16%
20 years or more
15%
Highly satisfied
Rated 4 out of 5
based on 149 votes.
$72,908 - $82,380
$55,638
$87,455
$42,502 - $92,570
$49,460 - $127,451
$49,022 - $142,482
$48,656 - $122,280
$55,000 - $112,500

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