It is possible for students to work with faculty on their research. Most of the opportunities arise due to MQPs. Many faculty take pieces of their research projects and turn them into MQPs. The range of research areas can be seen by looking at the list of the CS Department's Research Groups and by looking at the projects described on those web pages. Although research group meetings are mainly targeted at graduate students and faculty, most welcome undergraduates.
Most students go to industry.
WPIs Career Development Center helps students with all aspects of the job search process. Most major companies come here to interview, or they can access the web-based resume book. Some students decide to attend graduate school for a Master's degree or a Ph.D. at schools such as Stanford, CMU, Illinois, Ohio State, etc. Every student is assigned an Academic Advisor who is a member of the faculty. They can help with questions about courses and requirements.