Getting Your Master’s Degree in Industrial Engineering
A Master’s Degree in Industrial Engineering
Industrial engineering uses the principles of engineering, mass production, and technology to help companies find ways to offer services or create a product efficiently. Most of the industrial engineering positions out there require a 4-year degree, however, a master’s degree will allow you to go into advanced research, management, or consulting positions in the industrial engineering field. It will also allow you to pursue a higher paying job. Those who go into industrial engineering most likely work in offices, or in the settings they are looking to improve.
According to BLS, the employment of those going into industrial engineering is projected to grow 10% from 2019 to 2029, which is faster than the average for all occupations. The median annual wage in 2019, was $88,020.
Online or In-person
When it comes to getting your master’s degree in industrial engineering, you can go to an in-person program or an online one. The benefits of an online program may appeal to working professionals or those looking for a career transition. In-person programs may appeal more to those coming from undergraduate programs or those who simply want that in-person experience.
A Master’s of Industrial Engineering
When you are in a master’s of industrial engineering program, depending on your area of focus, you could learn about topics such as information systems engineering, how dependent and independent variables interact, and how to turn raw materials into finished products.
Students will also learn to optimize efficiency in a variety of businesses. They will learn about common manufacturing processes, warehouse systems, and distribution methods. They will build on the skills they learned in their undergraduate programs. A master’s program will be about 30 credits, which at full-time status, will take about two years.
Different concentrations will have different types of coursework. Here are some of the most common that you might find in a master’s of industrial engineering program:
Regulated Management- For students who are interested in industrial engineering problems in regulated industries.
Systems Engineering– Where students take a more holistic view of engineering and focus on how complex engineering projects should be designed and managed.
Operations Research– Where students use scientific methods to analyze and improve management techniques and strategies.
Logistics & Transportation Systems Engineering- Where students gain a deep understanding of the manufacturing supply chain.
Manufacturing Systems- Where students work to design, analyze, and oversee manufacturing systems.
Quality Control and Improvement- This class is where students would learn how to evaluate a product’s quality using common tools like control charts.
Transportation and Supply Chain Systems- This class would teach students to oversee the life cycle of a product and gain skills in demand management, vehicle routing, and distribution planning.
Warehousing Systems- This class would discuss warehouse layout and design and develop skills in order-picking and warehouse management.
Admission requirements differ based on the school and program, however, most will require students to have a bachelor’s degree from an accredited school, to complete an application essay, and submit letters of recommendation.
Some schools might also require professional experience, but even if the school doesn’t, it can help to have that work experience to put on the application. Schools usually also want students to have a 3.0 GPA or higher.
How to Choose a Program
There are many different factors when choosing the right industrial engineering master’s program. Students should look at the length of each program, the course format, available concentrations, and final project requirements. Most programs are two years long, but students might also be able to find an accelerated program and be done in a year. It also might depend on if the student goes full or part-time. Students should also consider the curriculum and the cost.
Accreditation status for each program can also make a difference and can affect future career opportunities. Departments often receive programmatic accreditation from field-specific accrediting bodies. Accreditation will indicate that the program meets set standards of quality for the industrial engineering profession.
Students should look for a program with accreditation from the Accreditation Board for Engineering and Technology (ABET). Degrees from an ABET-accredited program are required for licensure examinations.
Top Master’s in Industrial Engineering Programs
There are many different master’s in industrial engineering programs, some are in-person, and some are online.
10 Top Master in Industrial Engineering Programs
Here are 10 of the top master’s in industrial engineering programs:
Jobs With a Master’s Degree in Industrial Engineering
Annual Median Pay in 2019: $74,750 according to BLS
Logisticians work in many different industries, analyze and coordinate an organization’s supply chain, and the systems that move a product from supplier to consumer.
Quality Control Inspectors
Annual Median Pay in 2019: $39,140 according to BLS
Quality Control Inspectors read blueprints and specifications, monitor operations to ensure that they meet production standards, and recommend adjustments to the assembly or production processes.
Industrial Production Managers
Annual Median Pay in 2019: $105,480 according to BLS
Industrial Production Managers oversee the daily operations of manufacturing and related plans, coordinate plans, and direct the activities used to create a wide range of goods such as cars, computers, and other products.
Network Consultant Engineers
Annual Median Pay in 2020: $72,362 according to Glassdoor
Network Consultant Engineers ensure that network deployments are well-designed, they help customers with any issues, and apply any fixes that are needed.
Annual Median Pay in 2019: $88,020 according to BLS
Industrial Engineers create and implement systems that organize a business’ employees, machines, materials, and vendors. A master’s degree in industrial engineering will allow students to find jobs as high-level engineers.
Annual Median Pay in 2020: $80,624 according to PayScale
Systems Engineers help businesses stay on top of all the most important technical knowledge that it needs to make well-informed business decisions that call for engineering fluidity to run smoothly.
Scholarships for Students Getting a Master’s in Industrial Engineering
Here are a few scholarships for those getting their master’s in industrial engineering. You can also find our longer list of scholarships for industrial engineering majors at College Recon.
The SPE Foundation offers many scholarships. To qualify, students must be full-time undergraduate students in a two or four-year program or enrolled in a graduate program. They must also be majoring or taking courses that are beneficial to a career in the plastics or polymer industry, including majoring in industrial engineering, and be in good academic standing. The Carrie Fox Solin Blow Molding Division Scholarship and the Willi Müller Blow Molding Division Scholarship could be good options for an industrial engineer major. There are multiple recipients, and the awards vary.
This scholarship is offered by the Institute of Industrial & Systems Engineers. Students must have at least one full year of school remaining from the date of nomination and be pursuing industrial engineering at the graduate or undergraduate level. They offer one scholarship in the amount of $1,500.
This scholarship is funded by Toyota. Priority is given to those with degrees in business and engineering. Other majors will be considered. Students need to be a first-generation college student, be enrolled full-time in a graduate program, and demonstrate financial need. California applicants will need to be a permanent resident of an underserved community within certain counties. The number of recipients and award value varies.
These grants provide undergraduate and graduate students up to $1,000 to students from most areas of sciences and engineering. Designated funds from the National Academy of Sciences allow for grants up to $5,000 for astronomy research and $2,500 for vision-related research. Students can use the money for travel to and from a research site or for the purchase of non-standard laboratory equipment necessary to complete a specific research project.
This scholarship is to recognize outstanding undergraduate and graduate students in the US who have demonstrated academic performance and a potential to become future leaders of the society for closer cooperation between the US and Korea as well as actively participating in community services. Students will need to be majoring in science, engineering, or related fields. They offer multiple scholarships at $1,500 each.