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2022 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $30-$48k) in the Great Lakes Region

20 Ranked Colleges
757 Degrees Awarded
$26,500 Avg Grad Tuition & Fees*
Best Value Industrial Management Schools for a Master's in the Great Lakes Region For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 in the Great Lakes Region For Those Making $30-$48k” ranking.

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

Across the Great Lakes region, there were 1,186 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 757 industrial and management engineering graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking looked at 20 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the industrial and management engineering program at the school. For more information, check out our ranking methodology.

More Ways to Rank Industrial & Management Engineering Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

The following schools top our list of the Best Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k.

Top 20 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $30-$48k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 20 schools in the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 51 masters’s industrial management degrees in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. 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

#5 in overall quality

Out of the 20 schools in the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. Located in Champaign, Illinois, this large public school awarded 93 diplomas to qualified masters’s industrial management students in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #5 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at UIUC

#14 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #3 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. UM Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 40 masters’s industrial management degrees in 2019-2020.

UM Dearborn did well in our major quality rankings, too. It placed #14 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UM Dearborn are $25,072.

Read full report on Industrial & Management Engineering at University of Michigan - Dearborn

#4

Wayne State University

Detroit, Michigan
#4 in overall quality

You’ll be in good company if you decide to attend Wayne State University. It ranked #4 on our 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Wayne State University is a large school located in Detroit, Michigan that handed out 21 masters’s industrial management degrees in 2019-2020.

Wayne State did well in our major quality rankings, too. It placed #4 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Wayne State University are $37,215, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at Wayne State

#5

Oakland University

Rochester Hills, Michigan
#17 in overall quality

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #5 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. Oakland University is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 37 masters’s industrial management degrees to qualified students.

Oakland did well in our major quality rankings, too. It placed #17 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Oakland are $24,648, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at Oakland University

#6

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #6. Located in Evansville, Indiana, this fairly large public school awarded 4 diplomas to qualified masters’s industrial management students in 2019-2020.

USI did well in our major quality rankings, too. It placed #0 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Southern Indiana are $20,039, but you may pay more or less depending on your major.

Full USI Industrial & Management Engineering Report

#7

Purdue University Northwest

Hammond, Indiana
#13 in overall quality

Purdue University Northwest did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #7. Purdue University Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 58 masters’s industrial management degrees in 2019-2020.

In addition to being on our great lakes region master’s degree industrial management students whose families make $30-$48k list, Purdue Northwest has also earned the #13 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Purdue University Northwest are $11,633, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at Purdue Northwest

#15 in overall quality

Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #8. This large school is located in Indianapolis, Indiana, and it awarded 37 masters’s industrial management degrees in 2019-2020.

As a testament to the quality of education offered at IUPUI, the school also landed the #15 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but some majors have different tuition rates.

Full Indiana University - Purdue University - Indianapolis Industrial & Management Engineering Report

#9

Purdue University Fort Wayne

Fort Wayne, Indiana
#18 in overall quality

With a ranking of #9, Purdue University Fort Wayne did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Purdue University Fort Wayne is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 6 masters’s industrial management degrees to qualified students.

PFW not only placed well in this ranking. It is also #18 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University Fort Wayne are $14,618.

Full Purdue University Fort Wayne Industrial & Management Engineering Report

#10

Northern Illinois University

Dekalb, Illinois
#16 in overall quality

Northern Illinois University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #10. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 17 masters’s industrial management degrees to qualified students.

In addition to being on our great lakes region master’s degree industrial management students whose families make $30-$48k list, NIU has also earned the #16 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at NIU

#11

Central Michigan University

Mount Pleasant, Michigan
#10 in overall quality

Central Michigan University landed the #11 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Central Michigan University is located in Mount Pleasant, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 29 masters’s industrial management degrees to qualified students.

Central Michigan did well in our major quality rankings, too. It placed #10 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Central Michigan are $19,359, but you may pay more or less depending on your major.

Full Central Michigan Industrial & Management Engineering Report

#12

Eastern Michigan University

Ypsilanti, Michigan
#6 in overall quality

With a ranking of #12, Eastern Michigan University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Eastern Michigan is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 24 masters’s industrial management degrees to qualified students.

In addition to being on our great lakes region master’s degree industrial management students whose families make $30-$48k list, Eastern Michigan has also earned the #6 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Eastern Michigan University are $26,552.

Read more about Industrial & Management Engineering at Eastern Michigan

#13

Indiana State University

Terre Haute, Indiana

Indiana State University landed the #13 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Indiana State is a fairly large school located in Terre Haute, Indiana that handed out 2 masters’s industrial management degrees in 2019-2020.

Indiana State also made our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana State are $15,346.

Read more about Industrial & Management Engineering at Indiana State University

#11 in overall quality

Case Western Reserve University ranked #14 on this year’s Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Case Western Reserve University is a fairly large school located in Cleveland, Ohio that handed out 21 masters’s industrial management degrees in 2019-2020.

Case Western not only placed well in this ranking. It is also #11 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Case Western Reserve University are $47,958, but you may pay more or less depending on your major.

Full Case Western Reserve University Industrial & Management Engineering Report

#9 in overall quality

Bowling Green State University - Main Campus landed the #15 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Bowling Green State University - Main Campus is located in Bowling Green, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 13 masters’s industrial management degrees to qualified students.

As a testament to the quality of education offered at BGSU, the school also landed the #9 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Bowling Green State University - Main Campus are $15,823, but you may pay more or less depending on your major.

Full BGSU Industrial & Management Engineering Report

#16

Western Michigan University

Kalamazoo, Michigan
#12 in overall quality

Western Michigan University landed the #16 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Kalamazoo, Michigan, this fairly large public school awarded 7 diplomas to qualified masters’s industrial management students in 2019-2020.

WMU not only placed well in this ranking. It is also #12 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at WMU are $31,355, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at WMU

#17

University of Dayton

Dayton, Ohio
#2 in overall quality

University of Dayton landed the #17 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Dayton is a fairly large private not-for-profit school situated in Dayton, Ohio. It awarded 23 masters’s industrial management degrees in 2019-2020.

UDayton did well in our major quality rankings, too. It placed #2 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UDayton are $17,780, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at UDayton

#3 in overall quality

Ohio University - Athens Campus did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #18. Athens, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 73 students in 2019-2020.

OHIO Athens not only placed well in this ranking. It is also #3 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ohio University - Athens Campus are $17,712, but you may pay more or less depending on your major.

Full OHIO Athens Industrial & Management Engineering Report

#7 in overall quality

Illinois Institute of Technology did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #19. 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.

In addition to being on our great lakes region master’s degree industrial management students whose families make $30-$48k list, Illinois Tech has also earned the #7 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Illinois Institute of Technology are $30,695.

Full Illinois Tech Industrial & Management Engineering Report

#8 in overall quality

With a ranking of #20, Rose - Hulman Institute of Technology did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Rose - Hulman Institute of Technology is located in Terre Haute, Indiana and, has a small student population. In 2019-2020, this school awarded 16 masters’s industrial management degrees to qualified students.

Rose - Hulman Institute of Technology also made our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #8. Average graduate tuition and fees at Rose - Hulman Institute of Technology are $50,379, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at Rose - Hulman Institute of Technology

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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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