IIT is a private, Ph.D.-granting university with programs in engineering, science, psychology, architecture, business, design and law. One of the 16 institutions that comprise the Association of Independent Technological Universities (AITU), IIT offers exceptional preparation for professions that require technological sophistication. Through a committed faculty and close personal attention, IIT provides a challenging academic program focused by the rigor of the real world.

The university and its contract research affiliate, IIT Research Institute (IITRI), have an annual research volume of $130 million. Current research strengths include fluid dynamics and aerospace, synchrotron radiation science, environmental engineering and regulatory policy, polymer science and recycling, food safety and technology, and transportation and infrastructure.

IIT has more than 38,000 living alumni and is known as the alma mater of accomplishments as well as of people. IIT and IITRI scientists and engineers have made some of the century's most important technological advances, such as the invention of magnetic recording and the development of re-entry technology for spacecraft. IIT architects have shaped the skyline of Chicago and cities throughout the world.