2022 Best Value Master’s Degree Colleges for Industrial & Management Engineering in the Great Lakes Region
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Industrial Management Schools for a Master’s in the Great Lakes Region” ranking - to help you make that 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.
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.
For this year’s “Best Value Industrial Management Schools for a Master’s in the Great Lakes Region” ranking, we looked at 18 colleges that offer 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.
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.
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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 in the Great Lakes Region” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 in the Great Lakes Region
The following schools top our list of the Best Best Value Industrial Management Schools for a Master’s in the Great Lakes Region.
Top 18 Best Value Master’s Degree Colleges for Industrial & Management Engineering in the Great Lakes Region
Out of the 18 schools in the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, University of Dayton landed the #1 spot on the list. University of Dayton is a fairly large school located in Dayton, Ohio that handed out 23 masters’s industrial management degrees in 2019-2020.
As a testament to the quality of education offered at UDayton, the school also landed the #2 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Dayton are $17,780, but you may pay more or less depending on your major.
Full University of Dayton Industrial & Management Engineering Report
You’ll join some of the best and brightest minds around if you attend Purdue University Northwest. The school came in at #2 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region. Located in Hammond, Indiana, this medium-sized public school awarded 58 diplomas to qualified masters’s industrial management students in 2019-2020.
Purdue Northwest also made our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list, coming in at #13. Average graduate tuition and fees at Purdue University Northwest are $11,633, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Purdue University Northwest
You’ll join some of the best and brightest minds around if you attend Bowling Green State University - Main Campus. The school came in at #3 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region. Bowling Green State University - Main Campus is a public institution located in Bowling Green, Ohio. The school has a fairly large population, and it awarded 13 masters’s degrees in 2019-2020.
BGSU not only placed well in this ranking. It is also #9 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 BGSU are $15,823.
Read full report on Industrial & Management Engineering at BGSU
You’ll join some of the best and brightest minds around if you attend Ohio University - Athens Campus. The school came in at #4 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region. 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.
As a testament to the quality of education offered at OHIO Athens, the school also landed the #3 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio University - Athens Campus are $17,712, but you may pay more or less depending on your major.
Read more about Industrial & Management Engineering at OHIO Athens
You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #5 for the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s industrial management degrees to 29 students in 2019-2020.
In addition to being on our great lakes region master’s degree industrial management students list, Central Michigan has also earned the #10 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Central Michigan University are $19,359, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Central Michigan University
With a ranking of #6, Northern Illinois University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region list. NIU is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 17 masters’s degrees 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.
Read more about Industrial & Management Engineering at Northern Illinois University
With a ranking of #7, Eastern Michigan University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s industrial management degrees to 24 students in 2019-2020.
In addition to being on our great lakes region master’s degree industrial management students list, Eastern Michigan has also earned the #6 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Eastern Michigan University are $26,552, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Eastern Michigan
Purdue University Fort Wayne did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking, coming in at #8. PFW is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2019-2020.
PFW also took the #18 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at PFW are $14,618, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Purdue University Fort Wayne
With a ranking of #9, University of Michigan - Dearborn did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region list. 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.
In addition to being on our great lakes region master’s degree industrial management students list, UM Dearborn has also earned the #14 rank 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 UM Dearborn are $25,072.
Read more about Industrial & Management Engineering at UM Dearborn
University of Illinois at Urbana-Champaign came in at #10 in this year’s edition of the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking. University of Illinois at Urbana-Champaign 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.
UIUC did well in our major quality rankings, too. It placed #5 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at UIUC
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 list. Located in Indianapolis, Indiana, this large public school awarded 37 diplomas to qualified masters’s industrial management students in 2019-2020.
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. Average graduate tuition and fees at IUPUI are $26,013, but you may pay more or less depending on your major.
Western Michigan 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 ranking. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s industrial management degrees to 7 students in 2019-2020.
WMU also took the #12 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Western Michigan University are $31,355, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Western Michigan University
Oakland University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking, coming in at #13. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s industrial management degrees to 37 students in 2019-2020.
In addition to being on our great lakes region master’s degree industrial management students list, Oakland has also earned the #17 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Oakland are $24,648, but you may pay more or less depending on your major.
Read full report on Industrial & Management Engineering at Oakland
Illinois Institute of Technology came in at #14 in this year’s edition of the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking. This medium-sized school is located in Chicago, Illinois, and it awarded 58 masters’s industrial management degrees in 2019-2020.
In addition to being on our great lakes region master’s degree industrial management students list, Illinois Tech has also earned the #7 rank 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 Illinois Tech are $30,695.
Full Illinois Institute of Technology Industrial & Management Engineering Report
Wayne State University did quite well in the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking, coming in at #15. Wayne State University is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 21 masters’s degrees in 2019-2020.
Wayne State did well in our major quality rankings, too. It placed #4 on our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Wayne State are $37,215, but some majors have different tuition rates.
Read more about Industrial & Management Engineering at Wayne State University
Case Western Reserve University came in at #16 in this year’s edition of the Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking. Case Western 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Case Western Reserve University are $47,958.
Read full report on Industrial & Management Engineering at Case Western Reserve University
Rose - Hulman Institute of Technology landed the #17 spot on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region ranking. Located in Terre Haute, Indiana, this small private not-for-profit school handed out 16 degrees to qualified masters’s industrial management students in 2019-2020.
Rose - Hulman Institute of Technology also took the #8 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 Rose - Hulman Institute of Technology are $50,379.
Read full report on Industrial & Management Engineering at Rose - Hulman Institute of Technology
With a ranking of #18, Northwestern University did quite well on the 2022 Best Value Industrial Management Schools for a Master’s in the Great Lakes Region list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 51 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.
Full Northwestern Industrial & Management Engineering Report
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Best Value Master's Degree Colleges for Industrial & Management Engineering in the Great Lakes Region
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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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