Average Salary for Illinois Institute of Technology (IIT) Alumni

Attending the Illinois Institute of Technology, a university can pay off very well in the long run. The school is based in Chicago, Ill., and it is ranked in the top 5 percent of universities by return on investment. This overview is based on graduates' answers to PayScale's salary questionnaire.

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Overall College ROI Rank

63
out of 1223
See full list

ROI Rank for Private not-for-profit Universities

35
out of 402
 

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 
$0$33K$66K$99K
Software Engineer
13 salaries
$74,371  
   
Senior Software Engineer
13 salaries
$97,773  
Mechanical Engineer
11 salaries
$72,770  
Intern Architect
10 salaries
$41,029  
Project Engineer
9 salaries
$64,250  
Design Architect
7 salaries
$48,000  
Design Engineer
6 salaries
$62,937  
Country: United States | Currency: USD | Updated: 1 Aug 2015 | Individuals Reporting: 304
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About This School

3300 S Federal St
Chicago, IL 60616

Illinois Institute of Technology

iit.edu/undergrad_admission/

2,926

Private School, Research University, Engineering

63 %

69 %

74 %

34 %


Freebase CC-BY Source: Freebase, licensed under CC-BY; IPEDS (As of January, 2015)

Industry

Graduates of IIT are found working in a number of different fields including the engineering services industry, the architectural and engineering services industry, and the construction industry. 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. Those with an education from IIT earn an average of $78K.

Jobs

Former IIT students with an interest in making money consider becoming Senior Software Engineers, the highest-paying gig (average earnings amount to around $99K) among this alumni group. Other well-paid jobs include Senior Software Engineers ($88K) and Software Engineers (approximately $74K). On the lower end, Intern Architects report making $41K.

Locations

Graduates of IIT seem to enjoy living in Chicago, and one-half of grads wind up living and working there after graduation. IIT grads also flock to Houston, Texas, which is home to salaries significantly above average (median pay is about $109K). On the other hand, IIT alumni who end up in Atlanta, Ga. receive the lowest median salary of $65K. In addition, grads flock to San Francisco, Calif. as well as New York, N.Y.

Degree Major

Financial compensation is highest for IIT grads with a Doctorate (PhD) (average earnings climb to approximately $109K per year). A Bachelor of Science in Physics offers the lowest median annual financial reward ($40K).

Skills

Many IIT grads have knowledge of Engineering Design, with one-fifth of alumni using this program on the clock. Illinois Institute of Technology grads who have experience with C# can expect to make 20 percent more than other alumni (about $94K on average). Project Management, AutoCAD, and Java are among other dominant skills.

Benefits and Perks

A lucky minority (about one in three grads) are fortunate enough to be compensated for vacation while just one in five survey participants get sick time. Nearly all survey participants take advantage of a 401(k) plan. Health benefits extend to the vast majority of respondents, and a strong majority of respondents also receive dental coverage. Alumni of Illinois Institute of Technology also take in life insurance, a casual working environment, a company-subsidized cell phone, and tuition reimbursement.

Related Schools

Clarkson University grads bring in salaries of around around $72K, making them the most similar to IIT alumni in terms of earnings. The University of Dayton, Duquesne University, and Drexel University are also similar to IIT.

Illinois Institute of Technology (IIT) Job Listings

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Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores 1680 2020
ACT Scores 25 30

Key Stats for Illinois Institute of Technology (IIT)

Gender

Female
22 %
Male
78 %
Salary
$44,247 - $86,248
Salary
$49,115 - $101,847

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.
$43,589 - $93,478
$48,322 - $127,171
$67,115 - $124,731
$97,211 - $122,084
$40,784 - $83,101

More Salary Charts for Illinois Institute of Technology (IIT)

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