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Industrial & Management Engineering Major

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Industrial & Management Engineering

30 Associates's Degrees Annually
1,255 Bachelor's Degrees Annually
#173 in Popularity (Associate's)
$113,370 Median Salary

Types of Degrees Industrial & Management Engineering Majors Are Getting

The following table lists how many industrial and management engineering graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Bachelor’s Degree 1,255
Associate’s Degree 30
Basic Certificate 21

What Industrial & Management Engineering Majors Need to Know

O*NET surveyed people in occupations related to industrial management and asked them what knowledge areas, skills, and abilities were important for their jobs. The responses were rated on a scale of 1 to 5 with 5 being most important.

Knowledge Areas for Industrial Management Majors

According to O*NET survey takers, a major in industrial management should prepare you for careers in which you will need to be knowledgeable in the following areas:

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  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
  • Engineering and Technology - Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
  • Mechanical - Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Skills for Industrial Management Majors

The following list of skills has been highlighted as some of the most essential for careers related to industrial management:

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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Speaking - Talking to others to convey information effectively.
  • Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.

Abilities for Industrial Management Majors

Some of the most crucial abilities to master while a industrial management student include the following:

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  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.

What Can You Do With a Industrial & Management Engineering Major?

People with a industrial management degree often go into the following careers:

Job Title Job Growth Rate Median Salary
Industrial Engineering Technicians 0.6% $55,460

Who Is Getting an Associate’s Degree in Industrial & Management Engineering?

30 Associate's Degrees Annually
17% Percent Women
17% Percent Racial-Ethnic Minorities*
This major attracts more men than women. About 83% of the graduates in this field are male.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of industrial management majors is as follows:

Racial-Ethnic Diversity of Industrial Management Students with Associate's Degrees
Race/Ethnicity Number of Grads
Asian 1
Black or African American 4
Hispanic or Latino 0
White 23
International Students 0
Other Races/Ethnicities 2

How Much Do Industrial & Management Engineering Majors Make?

Salaries According to BLS

Industrial Management majors often go into careers where salaries can range from $58,860 to $148,970 (25th to 75th percentile). This range includes all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for an Industrial & Management Engineering Major  ( 58860 to 148970 )
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

Some careers associated with industrial management require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to industrial management have obtained the following education levels.

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Education Level Percentage of Workers
Less than a High School Diploma 1.2%
High School Diploma - or the equivalent (for example, GED) 8.3%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 5.9%
Some College Courses 17.0%
Associate’s Degree (or other 2-year degree) 14.1%
Bachelor’s Degree 42.9%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 3.8%
Master’s Degree 6.6%

Online Industrial & Management Engineering Programs

In the 2018-2019 academic year, 181 schools offered some type of industrial and management engineering program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 5 0
Certificate (1-2 years) 2 0
Certificate (2-4 Years) 1 0
Associate’s Degree 7 3
Bachelor’s Degree 33 16
Post-Baccalaureate 5 0
Master’s Degree 126 60
Post-Master’s 2 0
Doctor’s Degree (Research) 14 3
Doctor’s Degree (Professional Practice) 2 1
Doctor’s Degree (Other) 0 0

Is a Degree in Industrial & Management Engineering Worth It?

The median salary for a industrial management grad is $113,370 per year. This is based on the weighted average of the most common careers associated with the major.

This is 184% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,469,400 after 20 years!

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You may also be interested in one of the following majors related to industrial management.

Major Number of Grads
Packaging Science 392
Other Engineering-Related Fields 141
Engineering Design 1

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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