2022 Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 $48-$75k” 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.

For this year’s “Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $48-$75k” ranking, we looked at 4 colleges that offer a degree 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.

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. 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 Illinois For Those Making $48-$75k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our 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 in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $48-$75k.

Top 4 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $48-$75k) 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 $48-$75k. This large school is located in Evanston, Illinois, and it awarded 51 masters’s industrial management degrees in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 on our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read more about 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 $48-$75k. UIUC is a large school located in Champaign, Illinois that handed out 93 masters’s industrial management degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #2 on our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read more about 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 $48-$75k list. Northern Illinois University 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.

NIU did well in our major quality rankings, too. It placed #4 on our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at NIU

#4

Illinois Institute of Technology

Chicago, Illinois

#3 in overall quality

$30,695 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Industrial Management Schools for a Master’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Illinois Institute of Technology landed the #4 spot on the list. Illinois Tech is a medium-sized school located in Chicago, Illinois that handed out 58 masters’s industrial management degrees in 2019-2020.

In addition to being on our illinois master’s degree industrial management students whose families make $48-$75k list, Illinois Tech has also earned the #3 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Illinois Tech are $30,695, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at Illinois Tech

• Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $48-$75k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $48-$75k)

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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