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2022 Best Value Master’s Degree Colleges for Industrial Engineering in Illinois (With Aid)

6 Ranked Colleges
129 Degrees Awarded
$25,200 Avg Grad Tuition & Fees*
Best Value IE Schools for a Master's in Illinois For Those Getting Aid

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 IE Schools for a Master’s in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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 Illinois, there were 389 industrial engineering graduates with average earnings and debt of $65,840 and $23,226 respectively. At the master’s degree level specifically, there were 129 industrial engineering graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value IE Schools for a Master’s in Illinois For Those Getting Aid” ranking analyzed 6 colleges that offered a degree 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.

When determining these rankings, we looked at things such as overall quality of the industrial 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.

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 Illinois For Those Getting Aid” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. 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 IE Schools for a Master’s in Illinois For Those Getting Aid

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

Top 6 Best Value Master’s Degree Colleges for Industrial Engineering in Illinois (With Aid)

#2 in overall quality

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 #1 for the Best Value IE Schools for a Master’s in Illinois For Those Getting Aid. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 13 students in 2019-2020.

In addition to being on our illinois master’s degree ie students with aid list, UIUC has also earned the #2 rank in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Read more about Industrial Engineering at University of Illinois at Urbana-Champaign

#3 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #2 on our 2022 Best Value IE Schools for a Master’s in Illinois For Those Getting Aid list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 22 students in 2019-2020.

UIC also made our “Best Industrial Engineering Master’s Degree Schools in Illinois” list, coming in at #3. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIC are $27,036.

Read full report on Industrial Engineering at UIC

#5 in overall quality

You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #3 on our 2022 Best Value IE Schools for a Master’s in Illinois For Those Getting Aid list. Located in Edwardsville, Illinois, this fairly large public school handed out 15 diplomas to qualified masters’s IE students in 2019-2020.

SIUE did well in our major quality rankings, too. It placed #5 on our “Best Industrial Engineering Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300, but some majors have different tuition rates.

Read full report on Industrial Engineering at Southern Illinois University Edwardsville

#4

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 6 schools in the Best Value IE Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Northwestern University landed the #4 spot on the list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 15 masters’s IE degrees to qualified students.

In addition to being on our illinois master’s degree ie students with aid list, Northwestern has also earned the #1 rank in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read more about Industrial Engineering at Northwestern University

#5

Northern Illinois University

Dekalb, Illinois

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Best Value IE Schools for a Master’s in Illinois For Those Getting Aid. This fairly large school is located in Dekalb, Illinois, and it awarded 58 masters’s IE degrees in 2019-2020.

NIU did well in our major quality rankings, too. It placed #4 on our “Best Industrial 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 more about Industrial Engineering at Northern Illinois University

#6

Bradley University

Peoria, Illinois

Bradley University ranked #6 on this year’s Best Value IE Schools for a Master’s in Illinois For Those Getting Aid list. This medium-sized school is located in Peoria, Illinois, and it awarded 6 masters’s IE degrees in 2019-2020.

In addition to being on our illinois master’s degree ie students with aid list, Bradley has also earned the #0 rank in our “Best Industrial Engineering Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Bradley are $17,040.

Read more about Industrial Engineering at Bradley 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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