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2022 Best Value Industrial Management Schools for a Master’s

77 Ranked Colleges
3,592 Degrees Awarded
$17,300 Avg Grad Tuition & Fees*
Best Value Industrial Management Schools for a Master's

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Industrial Management Schools for a Master’s” ranking is part of that endeavor.

Industrial & Management Engineering is the 147th most popular major in the country with 5,633 degrees awarded in 2019-2020.

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” ranking looked at 77 colleges that offer degrees in a bachelor’s 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

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” ranking, along with many other major-related rankings, to help you make that decision.

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

The following schools top our list of the Best Best Value Industrial Management Schools for a Master’s.

Top 25 Best Value Master’s Degree Colleges for Industrial & Management Engineering

#1

Citadel Military College of South Carolina

Charleston, South Carolina
#11 in overall quality

Out of the 77 schools in the Best Value Industrial Management Schools for a Master’s that were part of this year’s ranking, Citadel Military College of South Carolina landed the #1 spot on the list. Citadel Military College of South Carolina 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 not only placed well in this ranking. It is also #11 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at The Citadel are $18,540, but you may pay more or less depending on your major.

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

#2

University of Dayton

Dayton, Ohio
#10 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Dayton. The school came in at #2 for the Best Value Industrial Management Schools for a Master’s. Located in Dayton, Ohio, this fairly large private not-for-profit school handed out 23 degrees to qualified masters’s industrial management students in 2019-2020.

UDayton also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #10. Average graduate tuition and fees at UDayton are $17,780, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at UDayton

#3

Purdue University Northwest

Hammond, Indiana

You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #3 for the Best Value Industrial Management Schools for a Master’s. Located in Hammond, Indiana, this medium-sized public school awarded 58 degrees to qualified masters’s industrial management students in 2019-2020.

Average graduate tuition and fees at Purdue University Northwest are $11,633, but some majors have different tuition rates.

Read full report on Industrial & Management Engineering at Purdue University Northwest

Out of the 77 schools in the Best Value Industrial Management Schools for a Master’s that were part of this year’s ranking, Missouri State University - Springfield landed the #4 spot on the list. This large school is located in Springfield, Missouri, and it awarded 30 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at Missouri State are $12,042, but some majors have different tuition rates.

Full Missouri State University - Springfield Industrial & Management Engineering Report

You’ll be in good company if you decide to attend Bowling Green State University - Main Campus. It ranked #5 on our 2022 Best Value Industrial Management Schools for a Master’s list. Located in Bowling Green, Ohio, this fairly large public school handed out 13 diplomas to qualified masters’s industrial management students in 2019-2020.

Average graduate tuition and fees at BGSU are $15,823, but you may pay more or less depending on your major.

Full BGSU Industrial & Management Engineering Report

#6

Saint Cloud State University

Saint Cloud, Minnesota

Saint Cloud State University came in at #6 in this year’s edition of the Best Value Industrial Management Schools for a Master’s ranking. This fairly large school is located in Saint Cloud, Minnesota, and it awarded 32 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at Saint Cloud State University are $12,904, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at St. Cloud State University

#16 in overall quality

With a ranking of #7, Ohio University - Athens Campus did quite well on the 2022 Best Value Industrial Management Schools for a Master’s list. 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 also made our “Best Industrial & Management Engineering Master’s Degree Schools” list, coming in at #16. Average graduate tuition and fees at Ohio University - Athens Campus are $17,712, but some majors have different tuition rates.

Full OHIO Athens Industrial & Management Engineering Report

California State University - Northridge landed the #8 spot on the 2022 Best Value Industrial Management Schools for a Master’s ranking. 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 CSUN are $17,955.

Read full report on Industrial & Management Engineering at CSUN

The University of Tennessee - Chattanooga landed the #9 spot on the 2022 Best Value Industrial Management Schools for a Master’s ranking. The University of Tennessee - Chattanooga is a public institution located in Chattanooga, Tennessee. The school has a fairly large population, and it awarded 21 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UT Chattanooga are $18,334.

Full UT Chattanooga Industrial & Management Engineering Report

#10

Texas A&M University - College Station

College Station, Texas
#17 in overall quality

With a ranking of #10, Texas A&M University - College Station did quite well on the 2022 Best Value Industrial Management Schools for a Master’s list. Located in College Station, Texas, this large public school handed out 44 diplomas to qualified masters’s industrial management students in 2019-2020.

Texas A&M College Station also took the #17 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 Texas A&M University - College Station are $22,743.

Read more about Industrial & Management Engineering at Texas A&M College Station

#11

Florida Institute of Technology

Melbourne, Florida
#24 in overall quality

Florida Institute of Technology landed the #11 spot on the 2022 Best Value Industrial Management Schools for a Master’s ranking. Florida Tech is a medium-sized private not-for-profit school situated in Melbourne, Florida. It awarded 19 masters’s industrial management degrees in 2019-2020.

In addition to being on our master’s degree industrial management students list, Florida Tech has also earned the #24 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Florida Tech are $22,588, but some majors have different tuition rates.

Full Florida Institute of Technology Industrial & Management Engineering Report

#12

East Carolina University

Greenville, North Carolina

With a ranking of #12, East Carolina University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s list. East Carolina University is located in Greenville, North Carolina and, has a large student population. In 2019-2020, this school awarded 7 masters’s industrial management degrees to qualified students.

Average graduate tuition and fees at East Carolina University are $20,685, but you may pay more or less depending on your major.

Full ECU Industrial & Management Engineering Report

#13

Central Michigan University

Mount Pleasant, Michigan

Central Michigan University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #13. Central Michigan is a fairly large school located in Mount Pleasant, Michigan that handed out 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 Central Michigan are $19,359.

Read full report on Industrial & Management Engineering at Central Michigan

#14

Southeast Missouri State University

Cape Girardeau, Missouri

Southeast Missouri State University landed the #14 spot on the 2022 Best Value Industrial Management Schools for a Master’s ranking. This fairly large school is located in Cape Girardeau, Missouri, and it awarded 23 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 Southeast Missouri State University are $10,792.

Read full report on Industrial & Management Engineering at Southeast Missouri State University

#15

Northern Illinois University

Dekalb, Illinois

With a ranking of #15, Northern Illinois University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 17 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Full Northern Illinois University Industrial & Management Engineering Report

#16

University of North Carolina at Charlotte

Charlotte, North Carolina
#25 in overall quality

University of North Carolina at Charlotte did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #16. Located in Charlotte, North Carolina, this large public school handed out 18 diplomas to qualified masters’s industrial management students in 2019-2020.

In addition to being on our master’s degree industrial management students list, UNC Charlotte has also earned the #25 rank in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of North Carolina at Charlotte are $21,055, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at University of North Carolina at Charlotte

#17

Texas State University

San Marcos, Texas

Texas State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #17. Texas State University is located in San Marcos, Texas and, has a large student population. In 2019-2020, this school awarded 9 masters’s industrial management degrees to qualified students.

Average graduate tuition and fees at Texas State are $17,040, but some majors have different tuition rates.

Full Texas State Industrial & Management Engineering Report

#21 in overall quality

Iowa State University came in at #18 in this year’s edition of the Best Value Industrial Management Schools for a Master’s ranking. Iowa State is a large school located in Ames, Iowa that handed out 8 masters’s industrial management degrees 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

#19

Morehead State University

Morehead, Kentucky

Morehead State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #19. Located in Morehead, Kentucky, this medium-sized public school awarded 17 diplomas to qualified masters’s industrial management students in 2019-2020.

Average graduate tuition and fees at Morehead State University are $10,512, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at Morehead State University

#20

Santa Clara University

Santa Clara, California
#13 in overall quality

Santa Clara University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #20. Santa Clara University is a medium-sized private not-for-profit school situated in Santa Clara, California. It awarded 27 masters’s industrial management degrees in 2019-2020.

SCU also took the #13 spot in our “Best Industrial & Management Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at SCU are $23,507, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at SCU

#21

Lamar University

Beaumont, Texas

Lamar University came in at #21 in this year’s edition of the Best Value Industrial Management Schools for a Master’s ranking. This fairly large school is located in Beaumont, Texas, and it awarded 9 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at Lamar University are $15,699, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at Lamar University

#22

San Jose State University

San Jose, California
#22 in overall quality

San Jose State University ranked #22 on this year’s Best Value Industrial Management Schools for a Master’s list. This large school is located in San Jose, California, and it awarded 65 masters’s industrial management degrees in 2019-2020.

San Jose State not only placed well in this ranking. It is also #22 on our “Best Industrial & Management Engineering Master’s Degree Schools” list. Average graduate tuition and fees at San Jose State are $18,790, but some majors have different tuition rates.

Read more about Industrial & Management Engineering at San Jose State

#23

University of Arkansas

Fayetteville, Arkansas

University of Arkansas did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #23. This large school is located in Fayetteville, Arkansas, and it awarded 164 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 UARK are $22,121.

Read more about Industrial & Management Engineering at University of Arkansas

#24

New England Institute of Technology

East Greenwich, Rhode Island

New England Institute of Technology did quite well in the 2022 Best Value Industrial Management Schools for a Master’s ranking, coming in at #24. This small school is located in East Greenwich, Rhode Island, and it awarded 14 masters’s industrial management degrees in 2019-2020.

Average graduate tuition and fees at New England Institute of Technology are $14,205, but you may pay more or less depending on your major.

Read full report on Industrial & Management Engineering at New England Tech

#25

Louisiana Tech University

Ruston, Louisiana

With a ranking of #25, Louisiana Tech University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s list. Louisiana Tech University is a public institution located in Ruston, Louisiana. The school has a fairly large population, and it awarded 43 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Louisiana Tech are $12,690.

Read more about Industrial & Management Engineering at Louisiana Tech 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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