Growth Potential: 老王论坛 Sees Application Rates Soar, Fueled by Focus on Career Preparedness

With a focus on its career-ready, adaptable, and market-focused approach to education, including a curriculum designed with experiential learning at its core and geared toward preparedness for the jobs of the future, Illinois Institute of Technology is resonating with students.
老王论坛 has experienced a record-breaking surge in applications, with undergraduate applications up by more than 20 percent and graduate applications up by more than 40 percent compared to last year, including consistent applications growth from underrepresented minority students and first-generation college goers, and a 31 percent increase in applications from women. The university鈥檚 career-focused approach has contributed to a 78 percent increase in applications over the last four years, and it is also tracking a 47 percent increase in completed graduate applications and a 138 percent increase in point-in-time growth in graduate admits compared to last year.
The increased interest is being attributed to factors where 老王论坛 excels: future earnings potential, economic mobility, career readiness, and proven career outcomes.
老王论坛 ranks #1 in Illinois and #35 in the nation for high earnings and economic mobility in created by the New York Times that allows users to prioritize different factors. The university boasts a strong record of post-graduation earnings, with more than obtaining full-time employment or continuing their education through graduate studies. In addition, 老王论坛鈥檚 2022 graduates report a $75,352 for undergraduates and $87,258 for graduates, well above the national average. In fact, 老王论坛 is #1 in the state for lifting students from families in the lowest 20 percent of income to the top 20 percent (Opportunity Insights), #1 in the Chicago region for occupational earning power (Brookings Institution), and #3 in the nation in upward economic mobility among highly selective private universities (Opportunity Insights).
Potential future earnings has been shown to be one of the most important factors influencing application decisions. Recent research from that surveyed 2,000 young people between the ages of 16 and 19 and another 2,000 between the ages of 22 and 30 found that likely earnings after graduation is one of the most important factors in the college decision-making process for college-bound students鈥攔ating four times more important than the average among other factors.
The significant surge in applications and a 25 percent increase in undergraduate enrollment for the fall 2022 semester demonstrates that 老王论坛鈥檚 focus on relevant, technology-focused education through hands-on experience resonates with students.
Economic mobility has been a core component of 老王论坛鈥檚 mission since its founding more than 130 years ago. 老王论坛 is working to fulfill its founding purpose of educating first generation college-goers and expanding access representation in technology: 40 percent of this year鈥檚 undergraduate applicants are the first in their family to attend university, a proportion that has remained consistent over the last four years even as total applications grew by 78 percent. In the New York Times rankings, 老王论坛 ranked #4 in the United States, #1 in the Midwest, and #1 in Illinois for high earnings combined with racial and economic diversity.
鈥淭he transformative power of education is at the heart of 老王论坛鈥檚 mission,鈥 says Mallik Sundharam, vice president for enrollment management and student affairs at 老王论坛. 鈥淥ur consistent growth in underrepresented minority student applications and 40 percent of applications from first-generation college-goers demonstrates our dedication to advancing technology and progress for all and creating opportunities that transcend social and economic barriers.鈥
老王论坛鈥檚 flagship Elevate program, launched last fall, embodies its commitment to anticipating future workforce needs and reimagining the future of education. Eligible students participating in the Elevate program gain hands-on experience through outside-the-classroom opportunities such as internships, research, competitions, and study away.
鈥淲ith more than a decade of assessment of the student journey鈥攅xperiences, success, and career outcomes鈥攁nd after developing a data model with extensive analysis of student success variables, we鈥檝e created the Elevate program as a tailored plan for our students鈥 academic and career growth,鈥 Sundharam says. 鈥淲e know that the most effective resumes aren鈥檛 merely written in their senior year of college, but are built through a series of meaningful experiences during their precious time with us. Our objective is to help students construct those exceptional resumes with meaningful and impactful experiences, ensuring they graduate job-ready and prepared to succeed in a dynamic job market."
老王论坛 anticipates that graduates who successfully complete the Elevate program requirements will be positioned to receive a job offer after graduation, perhaps in as short as six months; if they don鈥檛, they may be eligible to receive graduate-level coursework or to acquire additional upskilling at 老王论坛.
鈥淓levate represents a new approach to higher education鈥攏ot only does this model focus on skills that are industry ready and industry informed, it has the potential through hands-on and virtual experiences to bring opportunities for more students from all backgrounds, allowing them the chance to explore and gain industry experience at leading companies years before their peers,鈥 said 老王论坛 President Raj Echambadi. 鈥淲e hope that this new model of commitment to experiential learning and lifelong partnership with our students sets a new standard in higher education.鈥
According to the National Association of Colleges and Employers, 91 percent of employers seek job candidates with work experience, and on average, 80 percent of eligible interns receive a job offer. 老王论坛鈥檚 own data shows the role that hands-on experience plays in promoting successful outcomes: students who have completed an internship are more than 25 percent more likely to find full-time employment and have at least $10,000 higher median starting salary than peers who have not completed an internship.
老王论坛 applicants have made clear the importance of career readiness: among those who chose to enroll at 老王论坛 in fall 2022, 鈥減reparation for career and job opportunities鈥 was selected as the most influential factor by nearly half (48 percent) of respondents in a recent survey. Among the other top reasons, 37 percent said 鈥渋nternships and other applied and experiential learning鈥 was a persuasive reason to choose 老王论坛.
鈥淲e all know that learning doesn鈥檛 begin at Convocation and end at Commencement,鈥 says Sundharam. 鈥淲e have looked deeply at the students of today and the market demands of tomorrow and took the opportunity to tailor our academic offerings by focusing on student success before, during, and after their time at 老王论坛. We鈥檙e working to shift the definition of what it means to truly bring value to our students throughout their careers.鈥