2022 Best Value Master’s Degree Colleges for Industrial & Management Engineering (With Aid)
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Industrial Management Schools for a Master’s For Those Getting Aid” 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.
This year’s “Best Value Industrial Management Schools for a Master’s For Those Getting Aid” ranking analyzed 84 colleges that offered 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.
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. See our ranking methodology to learn more.
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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 For Those Getting Aid” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Industrial Management Schools for a Master’s For Those Getting Aid
The colleges and universities below are the best for master’s degree industrial management students with aid.
Top 25 Best Value Master’s Degree Colleges for Industrial & Management Engineering (With Aid)
Out of the 84 schools in the Best Value Industrial Management Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, Stanford University landed the #1 spot on the list. Stanford is located in Stanford, California and, has a fairly large student population. In 2019-2020, this school awarded 130 masters’s industrial management degrees to qualified students.
In addition to being on our master’s degree industrial management students with aid 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 you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Stanford
Out of the 84 schools in the Best Value Industrial Management Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, California State University - Northridge landed the #2 spot on the list. This large school is located in Northridge, California, and it awarded 29 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 California State University - Northridge are $17,955.
You’ll join some of the best and brightest minds around if you attend University of Central Florida. The school came in at #3 for the Best Value Industrial Management Schools for a Master’s For Those Getting Aid. This large school is located in Orlando, Florida, and it awarded 72 masters’s industrial management degrees in 2019-2020.
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
You’ll join some of the best and brightest minds around if you attend California State University - Los Angeles. The school came in at #4 for the Best Value Industrial Management Schools for a Master’s For Those Getting Aid. Located in Los Angeles, California, this large public school awarded 14 diplomas to qualified masters’s industrial management students in 2019-2020.
Average graduate tuition and fees at California State University - Los Angeles are $17,723, but some majors have different tuition rates.
Read full report on Industrial & Management Engineering at California State University - Los Angeles
You’ll join some of the best and brightest minds around if you attend Missouri University of Science and Technology. The school came in at #5 for the Best Value Industrial Management Schools for a Master’s For Those Getting Aid. Missouri University of Science and Technology is a public institution located in Rolla, Missouri. The school has a medium-sized population, and it awarded 93 masters’s degrees in 2019-2020.
In addition to being on our master’s degree industrial management students with aid list, Missouri University of Science and Technology has also earned the #12 rank 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 you may pay more or less depending on your major.
Read more about Industrial & Management Engineering at Missouri University of Science and Technology
University of Illinois at Urbana-Champaign did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking, coming in at #6. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 93 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at UIUC
University of South Florida - Main Campus came in at #7 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. 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 USF Tampa are $21,126.
Read more about Industrial & Management Engineering at University of South Florida - Main Campus
Citadel Military College of South Carolina did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking, coming in at #8. Citadel Military College of South Carolina is a public institution located in Charleston, South Carolina. The school has a small population, and it awarded 23 masters’s degrees in 2019-2020.
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 Citadel Military College of South Carolina are $18,540.
University of Michigan - Dearborn ranked #9 on this year’s Best Value Industrial Management Schools for a Master’s For Those Getting Aid list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out masters’s industrial management degrees to 40 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at UM Dearborn are $25,072.
Read more about Industrial & Management Engineering at University of Michigan - Dearborn
With a ranking of #10, Wayne State University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid list. Wayne State is a large public school situated in Detroit, Michigan. It awarded 21 masters’s industrial management degrees in 2019-2020.
Wayne State also took the #19 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Wayne State University are $37,215, but some majors have different tuition rates.
Read full report on Industrial & Management Engineering at Wayne State University
Saint Cloud State University came in at #11 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. Saint Cloud, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out masters’s industrial management degrees to 32 students in 2019-2020.
Average graduate tuition and fees at St. Cloud State University are $12,904, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Saint Cloud State University
San Jose State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking, coming in at #12. This large school is located in San Jose, California, and it awarded 65 masters’s industrial management degrees in 2019-2020.
San Jose State also took the #22 spot in our “Best Industrial & Management 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 San Jose State University are $18,790.
Read full report on Industrial & Management Engineering at San Jose State
Lamar University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking, coming in at #13. Located in Beaumont, Texas, this fairly large public school handed out 9 degrees to qualified masters’s industrial management students in 2019-2020.
Average graduate tuition and fees at Lamar University are $15,699, but you may pay more or less depending on your major.
Read more about Industrial & Management Engineering at Lamar University
University of North Carolina at Charlotte landed the #14 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. UNC Charlotte is a large school located in Charlotte, North Carolina that handed out 18 masters’s industrial management degrees in 2019-2020.
UNC Charlotte not only placed well in this ranking. It is also #25 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of North Carolina at Charlotte are $21,055, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at University of North Carolina at Charlotte
Florida International University came in at #15 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. This large school is located in Miami, Florida, and it awarded 34 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at FIU are $24,211, but some majors have different tuition rates.
Read full report on Industrial & Management Engineering at Florida International University
Purdue University Northwest came in at #16 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. Purdue University Northwest is located in Hammond, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 58 masters’s industrial management degrees to qualified students.
Average graduate tuition and fees at Purdue University Northwest are $11,633, but you may pay more or less depending on your major.
Read more about Industrial & Management Engineering at Purdue Northwest
Louisiana Tech University came in at #17 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. This fairly large school is located in Ruston, Louisiana, and it awarded 43 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at Louisiana Tech are $12,690, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Louisiana Tech
Texas A&M University - College Station landed the #18 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. College Station, Texas is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 44 students in 2019-2020.
Texas A&M College Station did well in our major quality rankings, too. It placed #17 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Texas A&M College Station are $22,743, but you may pay more or less depending on your major.
Full Texas A&M College Station Industrial & Management Engineering Report
California State Polytechnic University - Pomona came in at #19 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. Located in Pomona, California, this large public school awarded 6 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 Polytechnic University - Pomona are $18,377.
University of Southern Indiana did quite well in the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking, coming in at #20. University of Southern Indiana is a fairly large public school situated in Evansville, Indiana. It awarded 4 masters’s industrial management 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Southern Indiana are $20,039.
Iowa State University landed the #20 spot on the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. This large school is located in Ames, Iowa, and it awarded 8 masters’s industrial management degrees in 2019-2020.
As a testament to the quality of education offered at Iowa State, the school also landed the #21 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Iowa State are $25,948, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Iowa State
Texas State University came in at #22 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. Texas State is a large public school situated in San Marcos, Texas. It awarded 9 masters’s industrial management degrees in 2019-2020.
Average graduate tuition and fees at Texas State University are $17,040, but you may pay more or less depending on your major.
University of Arizona came in at #23 in this year’s edition of the Best Value Industrial Management Schools for a Master’s For Those Getting Aid ranking. University of Arizona is a large public school situated in Tucson, Arizona. It awarded 15 masters’s industrial management degrees in 2019-2020.
As a testament to the quality of education offered at University of Arizona, the school also landed the #18 spot in our “Best Industrial & Management 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 University of Arizona are $33,399.
Read more about Industrial & Management Engineering at University of Arizona
With a ranking of #24, Arizona State University - Tempe did quite well on the 2022 Best Value Industrial Management Schools for a Master’s For Those Getting Aid list. Arizona State University - Tempe is located in Tempe, Arizona and, has a large student population. In 2019-2020, this school awarded 6 masters’s industrial management degrees to qualified students.
Average graduate tuition and fees at Arizona State University - Tempe are $27,048, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at ASU - Tempe
Northern Illinois University ranked #25 on this year’s Best Value Industrial Management Schools for a Master’s For Those Getting Aid 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.
Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Northern Illinois 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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