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Average Salary for Illinois Institute of Technology (IIT) Alumni

Around 3,000 undergrads attend the Illinois Institute of Technology, a school in Chicago, Ill.. The school sits in the top 5 percent of universities by return on investment. The figures in this overview come from the responses of IIT grads who took the PayScale salary survey.

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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 (?
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$34K$68K$102K
Software Engineer
20 salaries
$74,565  
   
Mechanical Engineer
15 salaries
$72,770  
Senior Software Engineer
13 salaries
$99,117  
Intern Architect
12 salaries
$40,473  
Design Architect
10 salaries
$54,000  
Project Engineer
9 salaries
$64,250  
Electrical Engineer
6 salaries
$69,412  
Country: United States | Currency: USD | Updated: 1 May 2015 | Individuals Reporting: 395

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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

IIT alumni belong to a wide range of sectors. A few fields in which grads tend to find work include the engineering services industry, the architectural and engineering services industry, and the construction industry. A large chunk of former IIT students are employed in the architectural services industry; in fact, this is the most popular job sector for this population. It is quite common for IIT grads — a demographic that scores high on the SATs — to earn top-notch salaries in the workforce. Those with an education from IIT earn an average of about $78K.

Jobs

The most lucrative professionals among IIT alumni are Senior Software Engineers; they earn a median annual salary of $99K. Also approaching the top of the pay scale at $75K and around $73K, respectively, are Software Engineers and Mechanical Engineers. Collecting the smallest paychecks are Intern Architects — they bring in $40K.

Locations

IIT alumni seem to appreciate living in Chicago, and just over two-fifths of grads actually choose to stay and find employment here after completing their coursework. It is also not uncommon to find former IIT students living and working in Houston, Texas — this top-paying city is a popular destination with a median salary of $109K. Though Atlanta, Ga. takes the cake for lowest pay among IIT grads (the median salary is approximately $53K there), it remains a common destination for former students. San Francisco, Calif. and New York, N.Y. are popular choices as well.

Degree Major

Financial compensation is highest for IIT grads with a Master of Engineering (MEng / ME), Electrical Engineering (EE) (average earnings climb to about $110K per year). A Bachelor of Architecture (BArch) commands less pay, and these degree-holders face median pay of $42K.

Skills

Competency in C# translates into above-average pay for Illinois Institute of Technology grads — they earn 14 percent more than their fellow graduates. IIT alumni are often well versed in Project Management, with just under one-fifth of grads ending up in jobs that require this skillset. Demonstrated ability in Engineering Design, AutoCAD, and Java rank among leading skills as well.

Benefits and Perks

Though vacation and sick days are paid for some, these benefits are reported by the minority of graduates (one-third of alumni and one-fifth of alumni, respectively). For this school, a large number of survey participants are the recipients of health benefits, and a fair number of alumni pick up dental plans, too. A large number of respondents report contributing to a 401(k). 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

Alumni of Clarkson University pick up average paychecks of $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.

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
$42,267 - $83,898
Salary
$47,553 - $101,190
Less than 1 year
6%
1-4 years
40%
5-9 years
25%
10-19 years
15%
20 years or more
15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 84 votes.
$41,448 - $91,818
$48,656 - $144,520
$48,322 - $123,051
$75,000 - $162,000
$97,211 - $122,084

More Salary Charts for Illinois Institute of Technology (IIT)

 
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