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2022 Best Value IE Schools for a Master’s For Those Getting Aid

83 Ranked Colleges
2,617 Degrees Awarded
$27,900 Avg Grad Tuition & Fees*
Best Value IE Schools for a Master's For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value IE Schools for a Master’s For Those Getting Aid” ranking as one item you can use to help make this 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.

At the master’s degree level specifically, there were 2,617 industrial engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value IE Schools for a Master’s For Those Getting Aid” ranking looked at 83 colleges that offer degrees in a bachelor’s in industrial engineering. The schools that top this list are recognized because they have great industrial engineering programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the industrial 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

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value IE Schools for a Master’s For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value IE Schools for a Master’s For Those Getting Aid

The colleges and universities below are the best for master’s degree ie students with aid.

Top 25 Best Value Master’s Degree Colleges for Industrial Engineering (With Aid)

Out of the 83 schools in the Best Value IE Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Washington - Seattle Campus landed the #1 spot on the list. University of Washington - Seattle Campus is located in Seattle, Washington and, has a large student population. In 2019-2020, this school awarded 26 masters’s IE degrees to qualified students.

UW Seattle also took the #12 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Washington - Seattle Campus are $30,294, but some majors have different tuition rates.

Read full report on Industrial Engineering at UW Seattle

#2

Purdue University - Main Campus

West Lafayette, Indiana
#11 in overall quality

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #2 on our 2022 Best Value IE Schools for a Master’s For Those Getting Aid list. Located in West Lafayette, Indiana, this large public school awarded 81 diplomas to qualified masters’s IE students in 2019-2020.

In addition to being on our master’s degree ie students with aid list, Purdue has also earned the #11 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but some majors have different tuition rates.

Read more about Industrial Engineering at Purdue

#10 in overall quality

Out of the 83 schools in the Best Value IE Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 29 students in 2019-2020.

As a testament to the quality of education offered at UW - Madison, the school also landed the #10 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at University of Wisconsin - Madison

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #4 for the Best Value IE Schools for a Master’s For Those Getting Aid. This large school is located in Ann Arbor, Michigan, and it awarded 66 masters’s IE degrees in 2019-2020.

In addition to being on our master’s degree ie students with aid list, U-M has also earned the #4 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at U-M are $49,548, but some majors have different tuition rates.

Read full report on Industrial Engineering at University of Michigan - Ann Arbor

#18 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 For Those Getting Aid list. This large school is located in Champaign, Illinois, and it awarded 13 masters’s IE degrees in 2019-2020.

UIUC also made our “Best Industrial Engineering Master’s Degree Schools” list, coming in at #18. 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 full report on Industrial Engineering at UIUC

#9 in overall quality

Georgia Institute of Technology - Main Campus ranked #6 on this year’s Best Value IE Schools for a Master’s For Those Getting Aid list. Georgia Tech is located in Atlanta, Georgia and, has a large student population. In 2019-2020, this school awarded 65 masters’s IE degrees to qualified students.

Georgia Tech also made our “Best Industrial Engineering Master’s Degree Schools” list, coming in at #9. Average graduate tuition and fees at Georgia Institute of Technology - Main Campus are $31,334, but some majors have different tuition rates.

Full Georgia Tech Industrial Engineering Report

#7

North Carolina State University

Raleigh, North Carolina

North Carolina State University landed the #7 spot on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking. Raleigh, North Carolina is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 52 students in 2019-2020.

NC State did well in our major quality rankings, too. It placed #17 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at NC State are $28,999, but some majors have different tuition rates.

Full NC State Industrial Engineering Report

University of Central Florida came in at #8 in this year’s edition of the Best Value IE Schools for a Master’s For Those Getting Aid ranking. UCF is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 48 masters’s IE degrees to qualified students.

Average graduate tuition and fees at University of Central Florida are $28,657, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at University of Central Florida

University of Michigan - Dearborn did quite well in the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking, coming in at #9. UM Dearborn is located in Dearborn, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 60 masters’s IE degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UM Dearborn are $25,072.

Full UM Dearborn Industrial Engineering Report

University of South Florida - Main Campus landed the #10 spot on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking. Tampa, Florida is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 31 students in 2019-2020.

Average graduate tuition and fees at USF Tampa are $21,126, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at USF Tampa

#22 in overall quality

The University of Texas at Austin landed the #11 spot on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking. This large school is located in Austin, Texas, and it awarded 22 masters’s IE degrees in 2019-2020.

UT Austin did well in our major quality rankings, too. It placed #22 on our “Best Industrial Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at The University of Texas at Austin are $22,886.

Full UT Austin Industrial Engineering Report

#12

North Carolina A & T State University

Greensboro, North Carolina

With a ranking of #12, North Carolina A & T State University did quite well on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid list. Located in Greensboro, North Carolina, this fairly large public school handed out 15 diplomas to qualified masters’s IE students in 2019-2020.

Average graduate tuition and fees at NC A&T are $20,662, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at North Carolina A & T State University

#1 in overall quality

Columbia University in the City of New York came in at #13 in this year’s edition of the Best Value IE Schools for a Master’s For Those Getting Aid ranking. Columbia is located in New York, New York and, has a large student population. In 2019-2020, this school awarded 99 masters’s IE degrees to qualified students.

As a testament to the quality of education offered at Columbia, the school also landed the #1 spot in our “Best Industrial 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 Columbia University in the City of New York are $51,194.

Read more about Industrial Engineering at Columbia University in the City of New York

Florida International University came in at #14 in this year’s edition of the Best Value IE Schools for a Master’s For Those Getting Aid ranking. FIU is a public institution located in Miami, Florida. The school has a large population, and it awarded 44 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Florida International University are $24,211, but some majors have different tuition rates.

Read more about Industrial Engineering at FIU

Iowa State University ranked #15 on this year’s Best Value IE Schools for a Master’s For Those Getting Aid list. Iowa State is located in Ames, Iowa and, has a large student population. In 2019-2020, this school awarded 27 masters’s IE degrees to qualified students.

Iowa State also took the #16 spot in our “Best Industrial 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 Iowa State are $25,948.

Read full report on Industrial Engineering at Iowa State University

Arizona State University - Tempe ranked #16 on this year’s Best Value IE Schools for a Master’s For Those Getting Aid list. Arizona State University - Tempe is a large public school situated in Tempe, Arizona. It awarded 43 masters’s IE degrees in 2019-2020.

Average graduate tuition and fees at Arizona State University - Tempe are $27,048, but some majors have different tuition rates.

Read full report on Industrial Engineering at Arizona State University - Tempe

#17

University of Houston

Houston, Texas

University of Houston did quite well in the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking, coming in at #17. Houston, Texas is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 55 students in 2019-2020.

Average graduate tuition and fees at UH are $18,689, but you may pay more or less depending on your major.

Full UH Industrial Engineering Report

With a ranking of #18, University of Illinois at Chicago did quite well on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid list. This large school is located in Chicago, Illinois, and it awarded 22 masters’s IE degrees in 2019-2020.

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.

Full University of Illinois at Chicago Industrial Engineering Report

#19

Texas A&M University - College Station

College Station, Texas

Texas A&M University - College Station landed the #19 spot on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking. Located in College Station, Texas, this large public school awarded 136 diplomas to qualified masters’s IE students in 2019-2020.

Texas A&M College Station also took the #8 spot in our “Best Industrial 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 Texas A&M College Station are $22,743.

Read more about Industrial Engineering at Texas A&M University - College Station

#20

Oakland University

Rochester Hills, Michigan

Oakland University landed the #20 spot on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking. 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.

Average graduate tuition and fees at Oakland are $24,648, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at Oakland

#21

Binghamton University

Vestal, New York

Binghamton University landed the #21 spot on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking. Binghamton University is located in Vestal, New York and, has a fairly large student population. In 2019-2020, this school awarded 100 masters’s IE degrees to qualified students.

Binghamton University did well in our major quality rankings, too. It placed #15 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Binghamton University are $25,290, but some majors have different tuition rates.

Full Binghamton University Industrial Engineering Report

New Mexico State University - Main Campus ranked #22 on this year’s Best Value IE Schools for a Master’s For Those Getting Aid list. NMSU Main Campus is a public institution located in Las Cruces, New Mexico. The school has a fairly large population, and it awarded 45 masters’s degrees in 2019-2020.

Average graduate tuition and fees at New Mexico State University - Main Campus are $18,275, but you may pay more or less depending on your major.

Read full report on Industrial Engineering at NMSU Main Campus

#23

Rutgers University - New Brunswick

New Brunswick, New Jersey

Rutgers University - New Brunswick came in at #23 in this year’s edition of the Best Value IE Schools for a Master’s For Those Getting Aid ranking. Rutgers University - New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 27 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Rutgers New Brunswick are $32,132, but you may pay more or less depending on your major.

Full Rutgers University - New Brunswick Industrial Engineering Report

Oklahoma State University - Main Campus did quite well in the 2022 Best Value IE Schools for a Master’s For Those Getting Aid ranking, coming in at #24. OSU is a large school located in Stillwater, Oklahoma that handed out 11 masters’s IE degrees in 2019-2020.

Average graduate tuition and fees at OSU are $23,963, but some majors have different tuition rates.

Read full report on Industrial Engineering at OSU

#25

Virginia Tech

Blacksburg, Virginia
#13 in overall quality

With a ranking of #25, Virginia Tech did quite well on the 2022 Best Value IE Schools for a Master’s For Those Getting Aid list. Located in Blacksburg, Virginia, this large public school awarded 35 degrees to qualified masters’s IE students in 2019-2020.

Virginia Tech also made our “Best Industrial Engineering Master’s Degree Schools” list, coming in at #13. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Virginia Tech are $30,547.

Full Virginia Tech Industrial Engineering Report

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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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