2022 Best Value Master’s Degree Colleges for Industrial Engineering (Income $30-$48k)
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value IE Schools for a Master’s For Those Making $30-$48k” ranking as one item you can use to help make this decision.
Industrial Engineering is the 86th most popular major in the country with 9,448 degrees awarded in 2019-2020. In 2017-2018, industrial engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,716 and had an average of $22,994 in loans still to pay off.
At the master’s degree level specifically, there were 2,617 industrial engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.
This year’s “Best Value IE Schools for a Master’s For Those Making $30-$48k” ranking analyzed 83 colleges that offered a degree in industrial engineering. The schools that top this list are recognized because they have great industrial 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 engineering program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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One Size Does Not Fit All
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value IE Schools for a Master’s For Those Making $30-$48k” list, to help you choose the best school for you.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value IE Schools for a Master’s For Those Making $30-$48k
The colleges and universities below are the best for master’s degree ie students whose families make $30-$48k.
Top 25 Best Value Master’s Degree Colleges for Industrial Engineering (Income $30-$48k)
Out of the 83 schools in the Best Value IE Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 15 masters’s IE degrees to qualified students.
Northwestern also made our “Best Industrial Engineering Master’s Degree Schools” list, coming in at #2. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.
Read more about Industrial Engineering at Northwestern University
You’ll be in good company if you decide to attend Columbia University in the City of New York. It ranked #2 on our 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. This large school is located in New York, New York, and it awarded 99 masters’s IE degrees in 2019-2020.
Columbia did well in our major quality rankings, too. It placed #1 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Columbia are $51,194, but some majors have different tuition rates.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #3 for the Best Value IE Schools for a Master’s For Those Making $30-$48k. University of Michigan - Ann Arbor is a large school located in Ann Arbor, Michigan that handed out 66 masters’s IE degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #4 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.
Read full report on Industrial Engineering at University of Michigan - Ann Arbor
Out of the 83 schools in the Best Value IE Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, University of Wisconsin - Madison landed the #4 spot on the list. This large school is located in Madison, Wisconsin, and it awarded 29 masters’s IE degrees in 2019-2020.
UW - Madison not only placed well in this ranking. It is also #10 on our “Best Industrial Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Madison are $25,523.
You’ll join some of the best and brightest minds around if you attend Northeastern University. The school came in at #5 for the Best Value IE Schools for a Master’s For Those Making $30-$48k. Northeastern University is a large school located in Boston, Massachusetts that handed out 110 masters’s IE degrees in 2019-2020.
Northeastern not only placed well in this ranking. It is also #5 on our “Best Industrial Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Northeastern are $25,558, but some majors have different tuition rates.
Read full report on Industrial Engineering at Northeastern University
University of Washington - Seattle Campus landed the #6 spot on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking. UW Seattle is a large school located in Seattle, Washington that handed out 26 masters’s IE degrees in 2019-2020.
In addition to being on our master’s degree ie students whose families make $30-$48k list, UW Seattle has also earned the #12 rank in our “Best Industrial 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 UW Seattle are $30,294.
Full University of Washington - Seattle Campus Industrial Engineering Report
With a ranking of #7, Purdue University - Main Campus did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 81 students in 2019-2020.
As a testament to the quality of education offered at Purdue, the school also landed the #11 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Purdue are $28,794, but some majors have different tuition rates.
With a ranking of #8, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. UIUC is a large school located in Champaign, Illinois that handed out 13 masters’s IE degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #18 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.
Georgia Institute of Technology - Main Campus came in at #9 in this year’s edition of the Best Value IE Schools for a Master’s For Those Making $30-$48k ranking. Georgia Institute of Technology - Main Campus is a large school located in Atlanta, Georgia that handed out 65 masters’s IE degrees in 2019-2020.
Georgia Tech also took the #9 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Georgia Institute of Technology - Main Campus are $31,334, but you may pay more or less depending on your major.
University of Central Florida did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #10. UCF is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 48 masters’s IE degrees to qualified students.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Central Florida are $28,657.
Read more about Industrial Engineering at University of Central Florida
North Carolina State University did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #11. North Carolina State University is a public institution located in Raleigh, North Carolina. The school has a large population, and it awarded 52 masters’s degrees in 2019-2020.
In addition to being on our master’s degree ie students whose families make $30-$48k list, NC State has also earned the #17 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at North Carolina State University are $28,999, but some majors have different tuition rates.
With a ranking of #12, Ohio State University - Main Campus did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. Ohio State University - Main Campus is located in Columbus, Ohio and, has a large student population. In 2019-2020, this school awarded 16 masters’s IE degrees to qualified students.
As a testament to the quality of education offered at Ohio State, the school also landed the #25 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but you may pay more or less depending on your major.
With a ranking of #13, University of South Florida - Main Campus did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. Tampa, Florida is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 31 students in 2019-2020.
Average graduate tuition and fees at USF Tampa are $21,126, but you may pay more or less depending on your major.
University of Minnesota - Twin Cities did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #14. Located in Minneapolis, Minnesota, this large public school handed out 15 diplomas to qualified masters’s IE students in 2019-2020.
In addition to being on our master’s degree ie students whose families make $30-$48k list, UMN Twin Cities has also earned the #20 rank in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Minnesota - Twin Cities are $28,845, but some majors have different tuition rates.
Florida International University did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #15. Miami, Florida is the setting for this large institution of higher learning. The public school handed out masters’s IE degrees to 44 students in 2019-2020.
Average graduate tuition and fees at FIU are $24,211, but some majors have different tuition rates.
Read more about Industrial Engineering at Florida International University
With a ranking of #16, Texas A&M University - College Station did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. This large school is located in College Station, Texas, and it awarded 136 masters’s IE degrees in 2019-2020.
Texas A&M College Station also made our “Best Industrial Engineering Master’s Degree Schools” list, coming in at #8. Average graduate tuition and fees at Texas A&M College Station are $22,743, but some majors have different tuition rates.
Read full report on Industrial Engineering at Texas A&M College Station
Oakland University did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #17. Oakland is a fairly large school located in Rochester Hills, Michigan that handed out 13 masters’s IE degrees in 2019-2020.
Average graduate tuition and fees at Oakland University are $24,648, but you may pay more or less depending on your major.
With a ranking of #18, Iowa State University did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. Iowa State is located in Ames, Iowa and, has a large student population. In 2019-2020, this school awarded 27 masters’s IE degrees to qualified students.
As a testament to the quality of education offered at Iowa State, the school also landed the #16 spot in our “Best Industrial 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 full report on Industrial Engineering at Iowa State University
Arizona State University - Tempe did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #19. Located in Tempe, Arizona, this large public school awarded 43 diplomas to qualified masters’s IE students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at ASU - Tempe are $27,048.
Read full report on Industrial Engineering at Arizona State University - Tempe
University of Michigan - Dearborn ranked #20 on this year’s Best Value IE Schools for a Master’s For Those Making $30-$48k list. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 60 masters’s IE degrees in 2019-2020.
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 Engineering at University of Michigan - Dearborn
Oklahoma State University - Main Campus came in at #21 in this year’s edition of the Best Value IE Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Stillwater, Oklahoma, and it awarded 11 masters’s IE degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at OSU are $23,963.
Read full report on Industrial Engineering at Oklahoma State University - Main Campus
Florida State University did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #22. Florida State University is a large school located in Tallahassee, Florida that handed out 7 masters’s IE degrees in 2019-2020.
Average graduate tuition and fees at Florida State are $26,707, but some majors have different tuition rates.
Read more about Industrial Engineering at Florida State University
Lehigh University did quite well in the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k ranking, coming in at #23. Lehigh is a medium-sized school located in Bethlehem, Pennsylvania that handed out 48 masters’s IE degrees in 2019-2020.
Lehigh also took the #7 spot in our “Best Industrial 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 Lehigh University are $27,130.
University of Houston came in at #24 in this year’s edition of the Best Value IE Schools for a Master’s For Those Making $30-$48k ranking. UH is a public institution located in Houston, Texas. The school has a large population, and it awarded 55 masters’s degrees in 2019-2020.
Average graduate tuition and fees at University of Houston are $18,689, but some majors have different tuition rates.
With a ranking of #25, Virginia Tech did quite well on the 2022 Best Value IE Schools for a Master’s For Those Making $30-$48k list. Located in Blacksburg, Virginia, this large public school awarded 35 degrees to qualified masters’s IE students in 2019-2020.
Virginia Tech also took the #13 spot in our “Best Industrial Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Virginia Tech are $30,547, but you may pay more or less depending on your major.
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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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