This study used survey research design to explore the purposes and outcomes of Bachelor of Science in Information Technology (BSIT) degree programs in the Philippines. Using purposive sampling of professors and students, this study identified the ability of IT education to meet its purposes by way of validating its current outcomes. The study also provided a clear indication of how the outcomes were perceived differently based on how the respondents experienced the actual IT education curriculum. Although the results show some favourable agreements among the respondents, statistical findings reveal underlying issues related to the implementation of outcomes-based IT education system in the country. This calls for the active role of higher education institutions (HEIs) offering BSIT programs to take another, more careful look at the entire curriculum structure of the degree program, as it serves as the foundation of effective and efficient IT education, which will lead towards sustainable national development.