Find Schools

Study Area & Zipcode

Industrial & Management Engineering

Find Schools Near

2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k

84 Ranked Colleges
3,592 Degrees Awarded
$32,300 Avg Grad Tuition & Fees*
Best Value Industrial Management Schools for a Master's For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 5,633 people earned their degree in industrial and management engineering, making the major the 147th most popular in the United States.

At the master’s degree level specifically, there were 3,592 industrial and management engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.

For this year’s “Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k” ranking, we looked at 84 colleges that offer a degree in industrial and management engineering. The schools that top this list are recognized because they have great industrial and management engineering programs and 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

The industrial management school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k”.

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. 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 For Those Making $0-$30k

The following schools top our list of the Best Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k.

Top 25 Best Value Master’s Degree Colleges for Industrial & Management Engineering (Income $0-$30k)

#1

Stanford University

Stanford, California
#1 in overall quality

You’ll be in good company if you decide to attend Stanford University. It ranked #1 on our 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Stanford, California is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s industrial management degrees to 130 students in 2019-2020.

In addition to being on our master’s degree industrial management students whose families make $0-$30k list, Stanford has also earned the #1 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Stanford are $55,011, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Stanford University

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 51 masters’s industrial management degrees to qualified students.

Northwestern also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #2. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.

Full Northwestern University Industrial & Management Engineering Report

#3

Duke University

Durham, North Carolina
#5 in overall quality

You’ll be in good company if you decide to attend Duke University. It ranked #3 on our 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Durham, North Carolina is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s industrial management degrees to 175 students in 2019-2020.

Duke not only placed well in this ranking. It is also #5 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Duke are $59,140, but you may pay more or less depending on your major.

Full Duke Industrial & Management Engineering Report

#4

Johns Hopkins University

Baltimore, Maryland
#15 in overall quality

Out of the 84 schools in the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Johns Hopkins University landed the #4 spot on the list. Johns Hopkins University is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 58 masters’s industrial management degrees in 2019-2020.

Johns Hopkins also took the #15 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins University are $59,425, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at Johns Hopkins University

#5

Cornell University

Ithaca, New York
#14 in overall quality

You’ll join some of the best and brightest minds around if you attend Cornell University. The school came in at #5 for the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k. Located in Ithaca, New York, this large private not-for-profit school handed out 50 diplomas to qualified masters’s industrial management students in 2019-2020.

In addition to being on our master’s degree industrial management students whose families make $0-$30k list, Cornell has also earned the #14 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Cornell University are $30,042, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Cornell

#6

Tufts University

Medford, Massachusetts
#6 in overall quality

With a ranking of #6, Tufts University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Medford, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s industrial management degrees to 86 students in 2019-2020.

Tufts did well in our major quality rankings, too. It placed #6 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Tufts University are $55,168, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at Tufts University

University of Central Florida did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking, coming in at #7. UCF is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 72 masters’s industrial management degrees to qualified students.

Average graduate tuition and fees at University of Central Florida are $28,657, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at UCF

#8

Citadel Military College of South Carolina

Charleston, South Carolina
#11 in overall quality

Citadel Military College of South Carolina did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking, coming in at #8. The Citadel is located in Charleston, South Carolina and, has a small student population. In 2019-2020, this school awarded 23 masters’s industrial management degrees to qualified students.

The Citadel did well in our major quality rankings, too. It placed #11 on our “Best Industrial & Management 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 Citadel are $18,540.

Read full report on Industrial & Management Engineering at Citadel Military College of South Carolina

With a ranking of #9, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 93 students in 2019-2020.

Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

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

#10

Georgetown University

Washington, District of Columbia

With a ranking of #10, Georgetown University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Washington, District of Columbia is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s industrial management degrees to 8 students in 2019-2020.

Average graduate tuition and fees at Georgetown University are $53,591, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Georgetown

California State University - Northridge came in at #11 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking. Located in Northridge, California, this large public school awarded 29 degrees to qualified masters’s industrial management students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at California State University - Northridge are $17,955.

Full California State University - Northridge Industrial & Management Engineering Report

With a ranking of #12, University of South Florida - Main Campus did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Located in Tampa, Florida, this large public school handed out 31 degrees to qualified masters’s industrial management students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of South Florida - Main Campus are $21,126.

Read more about Industrial & Management Engineering at USF Tampa

#12 in overall quality

Missouri University of Science and Technology did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking, coming in at #13. Located in Rolla, Missouri, this medium-sized 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 Missouri University of Science and Technology, the school also landed the #12 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Missouri University of Science and Technology are $30,943, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Missouri University of Science and Technology

#14

Massachusetts Maritime Academy

Buzzards Bay, Massachusetts

Massachusetts Maritime Academy did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking, coming in at #14. Buzzards Bay, Massachusetts is the setting for this small institution of higher learning. The public school handed out masters’s industrial management degrees to 14 students in 2019-2020.

Average graduate tuition and fees at Massachusetts Maritime Academy are $17,372, but some majors have different tuition rates.

Full Maritime Industrial & Management Engineering Report

California State University - Los Angeles ranked #15 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. California State University - Los Angeles is located in Los Angeles, California and, has a large student population. In 2019-2020, this school awarded 14 masters’s industrial management degrees to qualified students.

Average graduate tuition and fees at California State University - Los Angeles are $17,723, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at California State University - Los Angeles

#16

Texas A&M University - College Station

College Station, Texas
#17 in overall quality

Texas A&M University - College Station came in at #16 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking. Texas A&M College Station is located in College Station, Texas and, has a large student population. In 2019-2020, this school awarded 44 masters’s industrial management degrees to qualified students.

Texas A&M College Station also took the #17 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Texas A&M University - College Station are $22,743, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at Texas A&M University - College Station

Florida International University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking, coming in at #17. FIU is a large public school situated in Miami, Florida. It awarded 34 masters’s industrial management degrees in 2019-2020.

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

Read full report on Industrial & Management Engineering at Florida International University

#18

Washington State University

Pullman, Washington

Washington State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking, coming in at #18. Wazzu is a large public school situated in Pullman, Washington. It awarded 28 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at Wazzu are $27,561, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Wazzu

University of Michigan - Dearborn came in at #19 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking. University of Michigan - Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 40 masters’s industrial management 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 Michigan - Dearborn are $25,072.

Read more about Industrial & Management Engineering at UM Dearborn

#20

University of Arizona

Tucson, Arizona
#18 in overall quality

With a ranking of #20, University of Arizona did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Located in Tucson, Arizona, this large public school awarded 15 degrees to qualified masters’s industrial management students in 2019-2020.

University of Arizona also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #18. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Arizona are $33,399.

Read more about Industrial & Management Engineering at University of Arizona

#21

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana ranked #21 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. USI is a public institution located in Evansville, Indiana. The school has a fairly large population, and it awarded 4 masters’s degrees in 2019-2020.

USI not only placed well in this ranking. It is also #0 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at USI are $20,039, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at USI

#21 in overall quality

Iowa State University ranked #22 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. Ames, Iowa is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 8 students in 2019-2020.

Iowa State also took the #21 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Iowa State University are $25,948, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at Iowa State

Arizona State University - Tempe ranked #23 on this year’s Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k list. ASU - Tempe is a large school located in Tempe, Arizona that handed out 6 masters’s industrial management degrees in 2019-2020.

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

Full Arizona State University - Tempe Industrial & Management Engineering Report

#24

Wayne State University

Detroit, Michigan
#19 in overall quality

Wayne State University came in at #24 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking. Located in Detroit, Michigan, this large public school handed out 21 degrees to qualified masters’s industrial management students in 2019-2020.

Wayne State also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #19. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wayne State are $37,215.

Full Wayne State University Industrial & Management Engineering Report

#25

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest came in at #25 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Making $0-$30k ranking. This medium-sized school is located in Hammond, Indiana, and it awarded 58 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at Purdue Northwest are $11,633, but you may pay more or less depending on your major.

Full Purdue Northwest Industrial & Management Engineering Report

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