2022 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in Illinois

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Industrial & Management Engineering is the 147th most popular major in the country with 5,633 degrees awarded in 2019-2020.

Across Illinois, there were 235 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 219 industrial and management engineering graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k” ranking looked at 4 colleges that offer degrees in a bachelor’s in industrial and management engineering. This ranking identifies schools with high-quality industrial and management engineering programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the industrial and management engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

The industrial management school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois master’s degree industrial management students whose families make $0-$30k.

Top 4 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k. This large school is located in Evanston, Illinois, and it awarded 51 masters’s industrial management degrees in 2019-2020.

Northwestern also took the #1 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at Northwestern University

#2

University of Illinois at Urbana-Champaign

Champaign, Illinois

#2 in overall quality

$30,083 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #2 for the Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k. Located in Champaign, Illinois, this large public school awarded 93 degrees to qualified masters’s industrial management students in 2019-2020.

In addition to being on our illinois master’s degree industrial management students whose families make $0-$30k list, UIUC has also earned the #2 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at University of Illinois at Urbana-Champaign

#3

Northern Illinois University

Dekalb, Illinois

#4 in overall quality

$11,086 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2022 Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k list. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 17 masters’s industrial management degrees in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #4 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but some majors have different tuition rates.

Full Northern Illinois University Industrial & Management Engineering Report

#4

Illinois Institute of Technology

Chicago, Illinois

#3 in overall quality

$30,695 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Illinois Institute of Technology. The school came in at #4 for the Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $0-$30k. Illinois Institute of Technology is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 58 masters’s degrees in 2019-2020.

Illinois Tech did well in our major quality rankings, too. It placed #3 on our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Illinois Tech are $30,695, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at Illinois Tech

• Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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