2022 Best Value Master’s Degree Colleges for Petroleum Engineering in the Rocky Mountains Region (With Aid)

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid” ranking - to help you make that decision.

In 2019-2020, 1,582 people earned their degree in petroleum engineering, making the major the 180th most popular in the United States. In 2017-2018, petroleum engineering graduates who were awarded their degree in 2015-2017, earned an average of $66,730 and had an average of $24,667 in loans still to pay off.

Across the Rocky Mountains region, there were 225 petroleum engineering graduates with average earnings and debt of $67,233 and $23,717 respectively. At the master’s degree level specifically, there were 28 petroleum engineering graduates with average earnings and debt of $53,560 and $37,817 respectively.

This year’s “Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid” ranking looked at 4 colleges that offer degrees in a bachelor’s in petroleum engineering. Not only do the schools that top this list have excellent petroleum engineering programs, but they also cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the petroleum engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Petroleum Engineering Schools

The petroleum engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid.

Top 4 Best Value Master’s Degree Colleges for Petroleum Engineering in the Rocky Mountains Region (With Aid)

#1

University of Utah

Salt Lake City, Utah

#4 in overall quality

$24,695 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid that were part of this year’s ranking, University of Utah landed the #1 spot on the list. U of U is a large school located in Salt Lake City, Utah that handed out 5 masters’s petroleum engineering degrees in 2019-2020.

U of U also took the #4 spot in our “Best Petroleum Engineering Master’s Degree Schools in the Rocky Mountains Region” ranking. Average graduate tuition and fees at University of Utah are $24,695, but you may pay more or less depending on your major.

Full U of U Petroleum Engineering Report

#2

Montana Technological University

Butte, Montana

#3 in overall quality

$19,429 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid that were part of this year’s ranking, Montana Technological University landed the #2 spot on the list. This small school is located in Butte, Montana, and it awarded 3 masters’s petroleum engineering degrees in 2019-2020.

Montana Tech also took the #3 spot in our “Best Petroleum Engineering Master’s Degree Schools in the Rocky Mountains Region” ranking. Average graduate tuition and fees at Montana Tech are $19,429, but you may pay more or less depending on your major.

Full Montana Tech Petroleum Engineering Report

#3

University of Wyoming

Laramie, Wyoming

#2 in overall quality

$16,615 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Wyoming. The school came in at #3 for the Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid. University of Wyoming is a public institution located in Laramie, Wyoming. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UW, the school also landed the #2 spot in our “Best Petroleum Engineering Master’s Degree Schools in the Rocky Mountains Region” ranking. Average graduate tuition and fees at University of Wyoming are $16,615, but you may pay more or less depending on your major.

Full UW Petroleum Engineering Report

#4

Colorado School of Mines

Golden, Colorado

#1 in overall quality

$39,800 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value Petroleum Engineering Schools for a Master’s in the Rocky Mountains Region For Those Getting Aid that were part of this year’s ranking, Colorado School of Mines landed the #4 spot on the list. Mines is a medium-sized school located in Golden, Colorado that handed out 17 masters’s petroleum engineering degrees in 2019-2020.

Mines did well in our major quality rankings, too. It placed #1 on our “Best Petroleum Engineering Master’s Degree Schools in the Rocky Mountains Region” list. Average graduate tuition and fees at Colorado School of Mines are $39,800, but some majors have different tuition rates.

Full Mines Petroleum Engineering Report

• Best Value Master’s Degree Colleges for Petroleum Engineering (With Aid)

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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