2022 Best Value Master’s Degree Colleges for Industrial & Management Engineering in Illinois

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Industrial Management Schools for a Master’s in Illinois” ranking.

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

Across Illinois, there were 235 industrial and management engineering graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 219 industrial and management engineering graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Industrial Management Schools for a Master’s in Illinois” ranking looked at 4 colleges that offer degrees in a bachelor’s 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.

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. Check out our ranking methodology for more information.

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 in Illinois” list, to help you choose the best school for you.

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. 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 in Illinois

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

Top 4 Best Value Master’s Degree Colleges for Industrial & Management Engineering in Illinois

#1

University of Illinois at Urbana-Champaign

Champaign, Illinois

#2 in overall quality

$30,083 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Industrial Management Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s industrial management degrees to 93 students in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #2 spot in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read more about Industrial & Management Engineering at UIUC

#2

Northern Illinois University

Dekalb, Illinois

#4 in overall quality

$11,086 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #2 for the Best Value Industrial Management Schools for a Master’s in Illinois. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 17 masters’s industrial management degrees in 2019-2020.

NIU not only placed well in this ranking. It is also #4 on our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Full NIU Industrial & Management Engineering Report

#3

Illinois Institute of Technology

Chicago, Illinois

#3 in overall quality

$30,695 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Industrial Management Schools for a Master’s in Illinois that were part of this year’s ranking, Illinois Institute of Technology landed the #3 spot on the list. 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 illinois master’s degree industrial management students list, Illinois Tech has also earned the #3 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” 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.

Read more about Industrial & Management Engineering at Illinois Institute of Technology

#4

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #4 for the Best Value Industrial Management Schools for a Master’s in Illinois. Located in Evanston, Illinois, this large private not-for-profit school handed out 51 diplomas to qualified masters’s industrial management students in 2019-2020.

In addition to being on our illinois master’s degree industrial management students list, Northwestern has also earned the #1 rank in our “Best Industrial & Management Engineering Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Full Northwestern Industrial & Management Engineering Report

• Best Value Master’s Degree Colleges for Industrial & Management Engineering in the Great Lakes Region
• Best Value Master’s Degree Colleges for Industrial & Management Engineering

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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