2027 Best Value Industrial & Management Engineering Schools in Illinois
[Industrial & Management Engineering](/majors/engineering-technologies/engineering-related-fields/industrial-management-engineering/) programs reward a close look at where your money goes furthest. The schools below stand out for delivering a strong industrial & management engineering education at a price that pays off.
To produce this 2027 ranking, College Factual evaluated 4 schools on the balance of cost and outcomes for industrial & management engineering students.
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2027 Best Value Industrial & Management Engineering Schools in Illinois
Below are the schools that deliver the strongest value in industrial & management engineering, balancing cost against outcomes.
Best Value Industrial & Management Engineering Schools
Northern Illinois University earned the #1 spot for value among industrial & management engineering schools in Illinois. Set in the suburb of Dekalb, Northern Illinois University is a large public institution. Students from in state pay about $13,060 in tuition and fees. Industrial & Management Engineering graduates carry a median of $25,209 in student loans. Industrial & Management Engineering graduates of Northern Illinois University earn a median of $81,686 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 70% of applicants are accepted.
University Of Illinois At Urbana Champaign came in at #2 on our 2027 list of the best value industrial & management engineering schools. University Of Illinois At Urbana Champaign is a very large public school located in the city of Champaign. Expect in-state tuition and fees of around $18,267, compared with $40,096 for out-of-state students. Students borrow a median of $20,778 to complete the industrial & management engineering program here. Early-career industrial & management engineering graduates make about $57,461. Set against $20,778 in median debt, that is a healthy payoff. The acceptance rate is 42%.
Students looking for strong value in industrial & management engineering will find it at Illinois Institute Of Technology, which ranked #3. Illinois Institute Of Technology is a large private not-for-profit school located in the city of Chicago. Expect in-state tuition and fees of around $52,202. Students borrow a median of $26,774 to complete the industrial & management engineering program here. Industrial & Management Engineering graduates of Illinois Institute Of Technology earn a median of $72,164 early in their careers. That is a strong return on a $26,774 median debt. The acceptance rate is 55%.
A rank of #4 makes Northwestern University one of the best values for industrial & management engineering. Set in the city of Evanston, Northwestern University is a very large private not-for-profit institution. Students from in state pay about $68,322 in tuition and fees. Students borrow a median of $16,616 to complete the industrial & management engineering program here. Industrial & Management Engineering graduates of Northwestern University earn a median of $144,879 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 8%.
More Industrial & Management Engineering Rankings
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Notes and References
This list is compiled by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 4 schools evaluated.
*Averages shown above reflect the top 4 ranked schools only.
- 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).
More about our data sources and methodologies.
