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2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid

20 Ranked Colleges
757 Degrees Awarded
$26,500 Avg Grad Tuition & Fees*
Best Value Industrial Management Schools for a Master's in the Great Lakes Region 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 Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking is one tool we have developed to help in this regard.

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.

Across the Great Lakes region, there were 1,186 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 757 industrial and management engineering graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking analyzed 20 colleges that offered a degree in industrial and management engineering. This ranking identifies schools with high-quality industrial and management engineering programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the industrial and management engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

More Ways to Rank Industrial & Management Engineering Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Industrial Management Schools for a Master’s in the Great Lakes Region 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid

The colleges and universities below are the best for great lakes region master’s degree industrial management students with aid.

Top 20 Best Value Master’s Degree Colleges for Industrial & Management Engineering in the Great Lakes Region (With Aid)

#5 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 93 masters’s industrial management degrees to qualified students.

In addition to being on our great lakes region master’s degree industrial management students with aid list, UIUC has also earned the #5 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Full UIUC Industrial & Management Engineering Report

#14 in overall quality

Out of the 20 schools in the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Michigan - Dearborn landed the #2 spot on the list. University of Michigan - Dearborn is a public institution located in Dearborn, Michigan. The school has a medium-sized population, and it awarded 40 masters’s degrees in 2019-2020.

UM Dearborn not only placed well in this ranking. It is also #14 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UM Dearborn are $25,072, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at UM Dearborn

#3

Wayne State University

Detroit, Michigan
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Wayne State University. The school came in at #3 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid. 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 made our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #4. 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

#4

Purdue University Northwest

Hammond, Indiana
#13 in overall quality

Out of the 20 schools in the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Purdue University Northwest landed the #4 spot on the list. Purdue University Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 58 masters’s industrial management degrees in 2019-2020.

Purdue Northwest also took the #13 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Purdue University Northwest are $11,633, but some majors have different tuition rates.

Full Purdue University Northwest Industrial & Management Engineering Report

#5

University of Southern Indiana

Evansville, Indiana

You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #5 on our 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. 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 in the Great Lakes Region” list. Average graduate tuition and fees at USI are $20,039, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at USI

#6

Northern Illinois University

Dekalb, Illinois
#16 in overall quality

Northern Illinois University came in at #6 in this year’s edition of the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Dekalb, Illinois, this fairly large public school awarded 17 degrees to qualified masters’s industrial management students in 2019-2020.

NIU did well in our major quality rankings, too. It placed #16 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Northern Illinois University are $11,086, but some majors have different tuition rates.

Full Northern Illinois University Industrial & Management Engineering Report

#7

Oakland University

Rochester Hills, Michigan
#17 in overall quality

With a ranking of #7, Oakland University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 37 masters’s industrial management degrees to qualified students.

Oakland also took the #17 spot in our “Best Industrial & Management 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.

Full Oakland University Industrial & Management Engineering Report

#8

Eastern Michigan University

Ypsilanti, Michigan
#6 in overall quality

Eastern Michigan University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #8. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. It awarded 24 masters’s industrial management degrees in 2019-2020.

Eastern Michigan also took the #6 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Eastern Michigan are $26,552, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at Eastern Michigan

#9

Purdue University Fort Wayne

Fort Wayne, Indiana
#18 in overall quality

With a ranking of #9, Purdue University Fort Wayne did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. PFW is located in Fort Wayne, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 6 masters’s industrial management degrees to qualified students.

PFW also made our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #18. Average graduate tuition and fees at Purdue University Fort Wayne are $14,618, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at PFW

#10

Central Michigan University

Mount Pleasant, Michigan
#10 in overall quality

Central Michigan University ranked #10 on this year’s Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Located in Mount Pleasant, Michigan, this fairly large public school handed out 29 degrees to qualified masters’s industrial management students in 2019-2020.

Central Michigan also took the #10 spot in our “Best Industrial & Management 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 Central Michigan are $19,359.

Full Central Michigan Industrial & Management Engineering Report

#15 in overall quality

Indiana University - Purdue University - Indianapolis ranked #11 on this year’s Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Indiana University - Purdue University - Indianapolis is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 37 masters’s industrial management degrees to qualified students.

As a testament to the quality of education offered at IUPUI, the school also landed the #15 spot in our “Best Industrial & Management 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 IUPUI are $26,013.

Read more about Industrial & Management Engineering at Indiana University - Purdue University - Indianapolis

#12

Northwestern University

Evanston, Illinois
#1 in overall quality

Northwestern University came in at #12 in this year’s edition of the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s industrial management degrees to 51 students in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Industrial & Management 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 Northwestern University are $56,567.

Full Northwestern University Industrial & Management Engineering Report

#13

Indiana State University

Terre Haute, Indiana

Indiana State University landed the #13 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Terre Haute, Indiana is the setting for this fairly large institution of higher learning. The public school handed out masters’s industrial management degrees to 2 students in 2019-2020.

Indiana State also made our “Best Industrial & Management 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 Indiana State are $15,346.

Full Indiana State Industrial & Management Engineering Report

#14

Western Michigan University

Kalamazoo, Michigan
#12 in overall quality

Western Michigan University landed the #14 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Kalamazoo, Michigan, this fairly large public school handed out 7 degrees to qualified masters’s industrial management students in 2019-2020.

WMU did well in our major quality rankings, too. It placed #12 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Western Michigan University are $31,355, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at WMU

#9 in overall quality

Bowling Green State University - Main Campus ranked #15 on this year’s Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Bowling Green State University - Main Campus is a fairly large school located in Bowling Green, Ohio that handed out 13 masters’s industrial management degrees in 2019-2020.

As a testament to the quality of education offered at BGSU, the school also landed the #9 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Bowling Green State University - Main Campus are $15,823, but you may pay more or less depending on your major.

Full Bowling Green State University - Main Campus Industrial & Management Engineering Report

#3 in overall quality

Ohio University - Athens Campus did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #16. Athens, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 73 students in 2019-2020.

OHIO Athens did well in our major quality rankings, too. It placed #3 on our “Best Industrial & Management 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 Ohio University - Athens Campus are $17,712.

Read more about Industrial & Management Engineering at Ohio University - Athens Campus

#17

University of Dayton

Dayton, Ohio
#2 in overall quality

University of Dayton came in at #17 in this year’s edition of the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. UDayton is a fairly large school located in Dayton, Ohio that handed out 23 masters’s industrial management degrees in 2019-2020.

UDayton also took the #2 spot in our “Best Industrial & Management 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 Dayton are $17,780.

Full UDayton Industrial & Management Engineering Report

#7 in overall quality

Illinois Institute of Technology landed the #18 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Illinois Tech is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 58 masters’s industrial management degrees in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #7 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Illinois Tech are $30,695, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Illinois Institute of Technology

#11 in overall quality

Case Western Reserve University landed the #19 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Case Western Reserve University is a fairly large private not-for-profit school situated in Cleveland, Ohio. It awarded 21 masters’s industrial management degrees in 2019-2020.

Case Western also took the #11 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Case Western Reserve University are $47,958, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at Case Western Reserve University

#8 in overall quality

With a ranking of #20, Rose - Hulman Institute of Technology did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Rose - Hulman Institute of Technology is a small private not-for-profit school situated in Terre Haute, Indiana. It awarded 16 masters’s industrial management degrees in 2019-2020.

Rose - Hulman Institute of Technology not only placed well in this ranking. It is also #8 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Rose - Hulman Institute of Technology are $50,379, but some majors have different tuition rates.

Full Rose - Hulman Institute of Technology Industrial & Management 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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