Illinois Institute of Technology (IIT) Alumni Average Salary

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 survey respondent pool is largely skewed toward men with a male-to-female ratio of 5-to-1, and men also report larger salaries after graduation than women do. This report is based on the answers of IIT graduates who responded to PayScale's salary questionnaire.

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College ROI Report

75th

20 Year Net ROI 

$556,000

Annual ROI 

6.4%

Total 4 Year Cost 

$224,000

Compare to Other Schools

College Salary Report

31st

Early Career Salary 

$61,000

Mid-Career Salary 

$153,000

% High Meaning 

N/A

Compare to Other Graduate Schools

Illinois Institute of Technology (IIT) Median Salary by Job

MinMax

Senior Software Engineer
3 profiles
$90,000
$0$90K

Electrical Design Engineer
2 profiles
$76,066
$0$76K

Financial Advisory Services Associate
2 profiles
$96,000
$0$96K

Structural Engineer
2 profiles
$90,431
$0$90K

Software Engineer
2 profiles
$106,500
$0$107K

See all degrees for Illinois Institute of Technology (IIT) »
  • Currency: USD
  • Updated: 12 Aug 2017
  • Individuals Reporting: 42
  • View Table

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Find out more about Illinois Institute of Technology (IIT) pay

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 %

Industry

Professionally, the architectural services industry, the software development industry, and the civil engineering services industry are popular business areas among IIT alumni. Among IIT grads, the financial services industry is a commonly chosen career field. Consistent with the high SAT scores reported by IIT alumni, former students go on to earn high salaries. Former IIT graduates bring in about $83K on average.

Gender

The school's graduates who responded to the survey are largely male (the male-to-female ratio is 3 to 1).

Jobs

The most lucrative professionals among IIT alumni are Software Engineers; they earn a median annual salary of approximately $107K. Also approaching the top of the pay scale at around $96K and $90K, respectively, are Financial Advisory Services Associates and Structural Engineers. Salaries are anything but generous for Electrical Engineers, whose earnings rank lowest on the pay scale at $59K.

Locations

It is typical for many IIT grads (a little more than half of former students) to remain in Chicago, Ill., which may come as a shock given the city's depressed salaries (median pay is $83K). By comparison, the top-paying city popular with IIT alumni is San Francisco, Calif., which offers a median salary of $113K.

Degree Major

A graduate with a Bachelor of Science in Mechanical Engineering (ME) from IIT can rake in a whopping average about $106K per year, more than any other degree from this school. The degree that warrants the lowest level of financial compensation is a Master of Science (MS), Computer Science (CS) ($62K on average annually).

Skills

Many IIT grads have knowledge of Project Management, with one in three alumni using this program on the clock. Illinois Institute of Technology grads who have experience with SQL can expect to make 16 percent more than other alumni ($96K on average). Competency in Engineering Design, SQL, and C++ Programming Language also warrants excellent remuneration.

Benefits and Perks

Approximately half of the former students can rely on paid vacation days, but just one in three grads have the luxury of paid sick time. A large number of grads take advantage of a 401(k) plan. Most former students receive health insurance, and most alums get dental coverage. Illinois Institute of Technology graduates also take advantage of life insurance, tuition reimbursement, a company-subsidized cell phone, and gym / health club / fitness membership.

Related Schools

Stevens Institute of Technology graduates, who earn approximately $89K on average, make a similar amount to IIT grads. The University of Dayton, Duquesne University, and Drexel University are also similar to IIT.

Illinois Institute of Technology (IIT) Job Listings

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
17 %
Male
83 %
Salary
$73,000 - $112,278
Salary
$41,653 - $108,666

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
4%
1-4 years
29%
5-9 years
37%
10-19 years
29%
20 years or more
2%
$110,000
$96,000
$43,278 - $95,143

More Charts for Illinois Institute of Technology (IIT)

Most Popular Job for Illinois Institute of Technology (IIT) Alumni


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


Most Popular Employer Name for Illinois Institute of Technology (IIT) Alumni


Most Popular Company Size for Illinois Institute of Technology (IIT) Alumni


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