It is widely known that over the last 6 years there has been significant decline in the number of U.S. students who choose Computer Information Systems (CIS), Management Information Systems (MIX)) and Computer Science (CS) as a major. Studies show that there are several reasons for this decline, most of which involve students’ inaccurate perception of the IT profession, particularly with respect to job prospects and career opportunities. This paper examines current research to compare students’ perceptions of IT to the actual current and projected IT profession. This comparison may provide valuable information for CIS/MIS educators when counseling or recruiting students who are considering CIS/MIS as a major.