Find Schools

Study Area & Zipcode

Industrial Engineering

Find Schools Near

2022 Best Value Master’s Degree Colleges for Industrial Engineering (Income $48-$75k) in the Great Lakes Region

18 Ranked Colleges
552 Degrees Awarded
$26,900 Avg Grad Tuition & Fees*
Best Value IE Schools for a Master's in the Great Lakes Region 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. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking - to help you make that decision.

Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.

Across the Great Lakes region, there were 1,969 industrial engineering graduates with average earnings and debt of $66,753 and $24,537 respectively. At the master’s degree level specifically, there were 552 industrial engineering graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking analyzed 18 colleges that offered a degree in industrial engineering. Not only do the schools that top this list have excellent industrial 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 engineering program at the school. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k.

Top 18 Best Value Master’s Degree Colleges for Industrial Engineering (Income $48-$75k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s IE degrees to 15 students in 2019-2020.

Northwestern also took the #1 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read more about Industrial Engineering at Northwestern University

Out of the 18 schools in the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 spot on the list. Ann Arbor, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 66 students in 2019-2020.

U-M also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.

Full U-M Industrial Engineering Report

#3

Purdue University - Main Campus

West Lafayette, Indiana
#4 in overall quality

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #3 on our 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Purdue is a large school located in West Lafayette, Indiana that handed out 81 masters’s IE degrees in 2019-2020.

Purdue also took the #4 spot in our “Best Industrial 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 Purdue are $28,794.

Read more about Industrial Engineering at Purdue University - Main Campus

#3 in overall quality

Out of the 18 schools in the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 29 masters’s IE degrees in 2019-2020.

In addition to being on our great lakes region master’s degree ie students whose families make $48-$75k list, UW - Madison has also earned the #3 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but some majors have different tuition rates.

Full University of Wisconsin - Madison Industrial Engineering Report

#5 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #5 on our 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 13 masters’s IE degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #5 on our “Best Industrial 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 UIUC are $30,083.

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

#6 in overall quality

Ohio State University - Main Campus landed the #6 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Columbus, Ohio, this large public school awarded 16 degrees to qualified masters’s IE students in 2019-2020.

Ohio State not only placed well in this ranking. It is also #6 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but you may pay more or less depending on your major.

Read more about Industrial Engineering at Ohio State

University of Michigan - Dearborn came in at #7 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. University of Michigan - Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 60 masters’s IE degrees in 2019-2020.

UM Dearborn also took the #8 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Michigan - Dearborn are $25,072, but some majors have different tuition rates.

Full UM Dearborn Industrial Engineering Report

#8

Oakland University

Rochester Hills, Michigan
#11 in overall quality

With a ranking of #8, Oakland University did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Oakland University is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 13 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Oakland, the school also landed the #11 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Oakland University are $24,648, but you may pay more or less depending on your major.

Read more about Industrial Engineering at Oakland

#9

Wayne State University

Detroit, Michigan

Wayne State University landed the #9 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Detroit, Michigan, this large public school awarded 66 degrees to qualified masters’s IE students in 2019-2020.

Wayne State also took the #9 spot in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Wayne State University are $37,215, but some majors have different tuition rates.

Full Wayne State Industrial Engineering Report

#10 in overall quality

University of Illinois at Chicago came in at #10 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 22 masters’s IE degrees to qualified students.

As a testament to the quality of education offered at UIC, the school also landed the #10 spot in our “Best Industrial 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 University of Illinois at Chicago are $27,036.

Read full report on Industrial Engineering at UIC

#15 in overall quality

Southern Illinois University Edwardsville came in at #11 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. This fairly large school is located in Edwardsville, Illinois, and it awarded 15 masters’s IE degrees in 2019-2020.

SIUE also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #15. Average graduate tuition and fees at SIUE are $9,300, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at SIUE

#12

Northern Illinois University

Dekalb, Illinois

With a ranking of #12, Northern Illinois University did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. NIU is a fairly large school located in Dekalb, Illinois that handed out 58 masters’s IE degrees in 2019-2020.

In addition to being on our great lakes region master’s degree ie students whose families make $48-$75k list, NIU has also earned the #14 rank in our “Best Industrial 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 NIU are $11,086.

Read full report on Industrial Engineering at Northern Illinois University

#13

Youngstown State University

Youngstown, Ohio
#16 in overall quality

Youngstown State University landed the #13 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Youngstown State University is a fairly large school located in Youngstown, Ohio that handed out 7 masters’s IE degrees in 2019-2020.

Youngstown State University not only placed well in this ranking. It is also #16 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Youngstown State University are $9,495, but some majors have different tuition rates.

Read full report on Industrial Engineering at Youngstown State University

#14

Western Michigan University

Kalamazoo, Michigan
#7 in overall quality

Western Michigan University ranked #14 on this year’s Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Kalamazoo, Michigan, this fairly large public school handed out 60 degrees to qualified masters’s IE students in 2019-2020.

WMU also made our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #7. Average graduate tuition and fees at WMU are $31,355, but some majors have different tuition rates.

Full WMU Industrial Engineering Report

#15

University of Toledo

Toledo, Ohio

With a ranking of #15, University of Toledo did quite well on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Toledo, Ohio, this fairly large public school handed out 1 diplomas to qualified masters’s IE students in 2019-2020.

University of Toledo not only placed well in this ranking. It is also #0 on our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Toledo are $27,067, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at University of Toledo

#16

Bradley University

Peoria, Illinois

Bradley University came in at #16 in this year’s edition of the Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Peoria, Illinois, this medium-sized private not-for-profit school handed out 6 diplomas to qualified masters’s IE students in 2019-2020.

Bradley also made our “Best Industrial 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 Bradley University are $17,040.

Read full report on Industrial Engineering at Bradley

#12 in overall quality

Ohio University - Athens Campus landed the #17 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. OHIO Athens is located in Athens, Ohio and, has a large student population. In 2019-2020, this school awarded 11 masters’s IE degrees to qualified students.

In addition to being on our great lakes region master’s degree ie students whose families make $48-$75k list, OHIO Athens has also earned the #12 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio University - Athens Campus are $17,712, but you may pay more or less depending on your major.

Read more about Industrial Engineering at OHIO Athens

#18

Lawrence Technological University

Southfield, Michigan
#13 in overall quality

Lawrence Technological University landed the #18 spot on the 2022 Best Value IE Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Lawrence Tech is a private not-for-profit institution located in Southfield, Michigan. The school has a small population, and it awarded 13 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree ie students whose families make $48-$75k list, Lawrence Tech has also earned the #13 rank in our “Best Industrial Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Lawrence Tech are $17,918, but some majors have different tuition rates.

Read more about Industrial Engineering at Lawrence Tech

Switch to a Similar Major

General Engineering
Best Value Master's Degree Colleges for General Engineering (Income $48-$75k) in the Great Lakes Region

Agricultural Engineering
Best Value Master's Degree Colleges for Agricultural Engineering (Income $48-$75k) in the Great Lakes Region

Biomedical Engineering
Best Value Master's Degree Colleges for Biomedical Engineering (Income $48-$75k) in the Great Lakes Region

Civil Engineering
Best Value Master's Degree Colleges for Civil Engineering (Income $48-$75k) in the Great Lakes Region

Electrical Engineering
Best Value Master's Degree Colleges for Electrical Engineering (Income $48-$75k) in the Great Lakes Region

Engineering Physics
Best Value Master's Degree Colleges for Engineering Physics (Income $48-$75k) in the Great Lakes Region

Environmental Engineering
Best Value Master's Degree Colleges for Environmental Engineering (Income $48-$75k) in the Great Lakes Region

Mechanical Engineering
Best Value Master's Degree Colleges for Mechanical Engineering (Income $48-$75k) in the Great Lakes Region

Nuclear Engineering
Best Value Master's Degree Colleges for Nuclear Engineering (Income $48-$75k) in the Great Lakes Region

Polymer & Plastics Engineering
Best Value Master's Degree Colleges for Polymer & Plastics Engineering (Income $48-$75k) in the Great Lakes Region

Manufacturing Engineering
Best Value Master's Degree Colleges for Manufacturing Engineering (Income $48-$75k) in the Great Lakes Region

Geoscience Engineering
Best Value Master's Degree Colleges for Geoscience Engineering (Income $48-$75k) in the Great Lakes Region

Robotics Engineering
Best Value Master's Degree Colleges for Robotics Engineering (Income $48-$75k) in the Great Lakes Region

Aerospace & Aeronautical Engineering
Best Value Master's Degree Colleges for Aerospace & Aeronautical Engineering (Income $48-$75k) in the Great Lakes Region

Architectural Engineering
Best Value Master's Degree Colleges for Architectural Engineering (Income $48-$75k) in the Great Lakes Region

Chemical Engineering
Best Value Master's Degree Colleges for Chemical Engineering (Income $48-$75k) in the Great Lakes Region

Computer Engineering
Best Value Master's Degree Colleges for Computer Engineering (Income $48-$75k) in the Great Lakes Region

Engineering Mechanics
Best Value Master's Degree Colleges for Engineering Mechanics (Income $48-$75k) in the Great Lakes Region

Engineering Science
Best Value Master's Degree Colleges for Engineering Science (Income $48-$75k) in the Great Lakes Region

Materials Engineering
Best Value Master's Degree Colleges for Materials Engineering (Income $48-$75k) in the Great Lakes Region

Marine Engineering
Best Value Master's Degree Colleges for Marine Engineering (Income $48-$75k) in the Great Lakes Region

Systems Engineering
Best Value Master's Degree Colleges for Systems Engineering (Income $48-$75k) in the Great Lakes Region

Construction Engineering
Best Value Master's Degree Colleges for Construction Engineering (Income $48-$75k) in the Great Lakes Region

Operations Research
Best Value Master's Degree Colleges for Operations Research (Income $48-$75k) in the Great Lakes Region

Paper Science & Engineering
Best Value Master's Degree Colleges for Paper Science & Engineering (Income $48-$75k) in the Great Lakes Region

Other Engineering
Best Value Master's Degree Colleges for Other Engineering (Income $48-$75k) in the Great Lakes Region

Switch to a Different Ranking Method

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.

Featured Engineering Schools

Find Schools Near You