2022 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $30-$48k)
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k” ranking.
In 2019-2020, 5,633 people earned their degree in industrial and management engineering, making the major the 147th most popular in the United States.
At the master’s degree level specifically, there were 3,592 industrial and management engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.
This year’s “Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k” ranking looked at 84 colleges that offer degrees in a bachelor’s in industrial and management engineering. Not only do the schools that top this list have excellent industrial and management engineering programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the industrial and management engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k
The colleges and universities below are the best for master’s degree industrial management students whose families make $30-$48k.
Top 25 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $30-$48k)
You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #1 for the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k. Duke is a private not-for-profit institution located in Durham, North Carolina. The school has a fairly large population, and it awarded 175 masters’s degrees in 2019-2020.
Duke did well in our major quality rankings, too. It placed #5 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Duke are $59,140, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Duke
You’ll be in good company if you decide to attend Stanford University. It ranked #2 on our 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. Located in Stanford, California, this fairly large private not-for-profit school awarded 130 diplomas to qualified masters’s industrial management students in 2019-2020.
Stanford also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #1. Average graduate tuition and fees at Stanford are $55,011, but some majors have different tuition rates.
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #3 for the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k. Northwestern University is a large school located in Evanston, Illinois that handed out 51 masters’s industrial management degrees in 2019-2020.
In addition to being on our master’s degree industrial management students whose families make $30-$48k list, Northwestern has also earned the #2 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.
Read full report on Industrial & Management Engineering at Northwestern
You’ll join some of the best and brightest minds around if you attend Cornell University. The school came in at #4 for the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k. Located in Ithaca, New York, this large private not-for-profit school handed out 50 degrees to qualified masters’s industrial management students in 2019-2020.
Cornell did well in our major quality rankings, too. It placed #14 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Cornell are $30,042, but some majors have different tuition rates.
Read full report on Industrial & Management Engineering at Cornell
You’ll join some of the best and brightest minds around if you attend Tufts University. The school came in at #5 for the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k. Tufts is a private not-for-profit institution located in Medford, Massachusetts. The school has a fairly large population, and it awarded 86 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Tufts, the school also landed the #6 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Tufts University are $55,168, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Tufts
With a ranking of #6, Johns Hopkins University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. Johns Hopkins is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 58 masters’s industrial management degrees in 2019-2020.
In addition to being on our master’s degree industrial management students whose families make $30-$48k list, Johns Hopkins has also earned the #15 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Johns Hopkins University are $59,425.
Read full report on Industrial & Management Engineering at Johns Hopkins
With a ranking of #7, University of Central Florida did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. University of Central Florida is a public institution located in Orlando, Florida. The school has a large population, and it awarded 72 masters’s degrees in 2019-2020.
Average graduate tuition and fees at UCF are $28,657, but you may pay more or less depending on your major.
Full University of Central Florida Industrial & Management Engineering Report
California State University - Northridge came in at #8 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. California State University - Northridge is a public institution located in Northridge, California. The school has a large population, and it awarded 29 masters’s degrees in 2019-2020.
Average graduate tuition and fees at California State University - Northridge are $17,955, but some majors have different tuition rates.
University of Illinois at Urbana-Champaign came in at #9 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Champaign, Illinois, and it awarded 93 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at University of Illinois at Urbana-Champaign
University of South Florida - Main Campus landed the #10 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. Tampa, Florida is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 31 students in 2019-2020.
Average graduate tuition and fees at University of South Florida - Main Campus are $21,126, but you may pay more or less depending on your major.
Read more about Industrial & Management Engineering at USF Tampa
Massachusetts Maritime Academy landed the #11 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. Buzzards Bay, Massachusetts is the setting for this small institution of higher learning. The public school handed out masters’s industrial management degrees to 14 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Maritime are $17,372.
California State University - Los Angeles came in at #12 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. California State University - Los Angeles is a large school located in Los Angeles, California that handed out 14 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at California State University - Los Angeles are $17,723, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at California State University - Los Angeles
Citadel Military College of South Carolina ranked #13 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. Located in Charleston, South Carolina, this small public school awarded 23 diplomas to qualified masters’s industrial management students in 2019-2020.
The Citadel did well in our major quality rankings, too. It placed #11 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at The Citadel are $18,540, but some majors have different tuition rates.
Read full report on Industrial & Management Engineering at The Citadel
Missouri University of Science and Technology did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking, coming in at #14. Missouri University of Science and Technology is located in Rolla, Missouri and, has a medium-sized student population. In 2019-2020, this school awarded 93 masters’s industrial management degrees to qualified students.
Missouri University of Science and Technology also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #12. Average graduate tuition and fees at Missouri University of Science and Technology are $30,943, but you may pay more or less depending on your major.
Washington State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking, coming in at #15. Wazzu is a public institution located in Pullman, Washington. The school has a large population, and it awarded 28 masters’s degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Washington State University are $27,561.
Read full report on Industrial & Management Engineering at Washington State University
Texas A&M University - College Station landed the #16 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. College Station, Texas is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 44 students in 2019-2020.
Texas A&M College Station also took the #17 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Texas A&M University - College Station are $22,743, but you may pay more or less depending on your major.
Read more about Industrial & Management Engineering at Texas A&M College Station
Florida International University came in at #17 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. Miami, Florida is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 34 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at FIU are $24,211.
With a ranking of #18, University of Michigan - Dearborn did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. Located in Dearborn, Michigan, this medium-sized public school awarded 40 degrees to qualified masters’s industrial management students in 2019-2020.
Average graduate tuition and fees at UM Dearborn are $25,072, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at University of Michigan - Dearborn
University of Arizona ranked #19 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. Tucson, Arizona is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 15 students in 2019-2020.
University of Arizona also took the #18 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Arizona are $33,399, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at University of Arizona
Wayne State University landed the #20 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. Wayne State University is a large school located in Detroit, Michigan that handed out 21 masters’s industrial management degrees in 2019-2020.
In addition to being on our master’s degree industrial management students whose families make $30-$48k list, Wayne State has also earned the #19 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wayne State University are $37,215.
Read more about Industrial & Management Engineering at Wayne State University
Georgetown University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking, coming in at #21. Georgetown University is a fairly large school located in Washington, District of Columbia that handed out 8 masters’s industrial management degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Georgetown University are $53,591.
Read full report on Industrial & Management Engineering at Georgetown University
Oakland University ranked #22 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k list. This fairly large school is located in Rochester Hills, Michigan, and it awarded 37 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at Oakland University are $24,648, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Oakland University
George Washington University came in at #23 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. Washington, District of Columbia is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s industrial management degrees to 138 students in 2019-2020.
GWU also took the #4 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at George Washington University are $31,824, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at GWU
Iowa State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking, coming in at #24. Iowa State University is a public institution located in Ames, Iowa. The school has a large population, and it awarded 8 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Iowa State, the school also landed the #21 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Iowa State are $25,948, but you may pay more or less depending on your major.
Saint Cloud State University landed the #25 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $30-$48k ranking. Located in Saint Cloud, Minnesota, this fairly large public school handed out 32 degrees to qualified masters’s industrial management students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Saint Cloud State University are $12,904.
Read more about Industrial & Management Engineering at St. Cloud State University
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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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