Operations management is an area of management concerned with overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed, and effective in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms of raw materials, labor, and energy) into outputs (in the form of goods and/or services). [see more at wiki]
Academic Factors Comparison Between Best Colleges in Undergraduate Production / Operations Management Major
7 public and 3 private schools are ranked in the top 10 Undergraduate Production / Operations Management colleges. The average acceptance ratio of the schools is 34.10% where Massachusetts Institute of Technology has the tightest acceptance ratio of 8% and Indiana University-Bloomington has the highest ratio of 79%. Total 365,955 students are enrolled into best Undergraduate Production / Operations Management schools where Ohio State University-Main Campus has the largest population with 59,482 students and Massachusetts Institute of Technology has the smallest with 11,376 students. The average graduation rate is 86.90% and the average students to faculty ratio is 12.80:1 at those colleges.
Next table shows the academic information and key facts of the best Undergraduate Production / Operations Management colleges including acceptance ratio, graduation rates, student population, and students to faculty ratio.Rank | Name | Acceptance Rates | Graduation Rates | Population | Student-Faculty Ratio |
---|---|---|---|---|---|
1 | Massachusetts Institute of Technology Cambridge, MA | 8% | 93% | 11,376 | 3:1 (33.33 %) |
2 | Carnegie Mellon University Pittsburgh, PA | 22% | 90% | 13,258 | 10:1 (10.00 %) |
3 | Purdue University-Main Campus West Lafayette, IN | 56% | 76% | 41,513 | 12:1 (8.33 %) |
4 | University of Pennsylvania Philadelphia, PA | 9% | 95% | 24,960 | 6:1 (16.67 %) |
5 | University of Michigan-Ann Arbor Ann Arbor, MI | 29% | 91% | 44,718 | 12:1 (8.33 %) |
6 | Ohio State University-Main Campus Columbus, OH | 54% | 84% | 59,482 | 19:1 (5.26 %) |
6 | University of California-Berkeley Berkeley, CA | 17% | 92% | 40,154 | 18:1 (5.56 %) |
6 | The University of Texas at Austin Austin, TX | 40% | 81% | 51,331 | 18:1 (5.56 %) |
9 | University of North Carolina at Chapel Hill Chapel Hill, NC | 27% | 91% | 29,468 | 13:1 (7.69 %) |
10 | Indiana University-Bloomington Bloomington, IN | 79% | 76% | 49,695 | 17:1 (5.88 %) |
Average | 34.10% | 86.90% | 365,955 (Total) | 12.80:1 (7.81 %) |
Best Undergraduate Production / Operations Management Colleges 2018 Tuition & Fees Comparison and 2019 Estimated Costs
Next table lists 2017-2018 tuition & fees and compares the costs between Best Undergraduate Production / Operations Management Colleges. The 2017-2018 costs are officially published by IPEDS, U.S. Department of Education. The estimated costs for year 2018-2019 are calculated and estimated based on each school's tuition rates last year.
For the undergraduate programs, the average tuition & fees of best Undergraduate Production / Operations Management schools is $41,006 where University of Pennsylvania has the most expensive costs with $53,534 and Purdue University-Main Campus has the lowest amount of tuition with with $28,794. The average graduate tuition & fees of best Undergraduate Production / Operations Management schools is $35,284 where Massachusetts Institute of Technology has the highest tuition with $52,892 and The University of Texas at Austin has the lowest amount of tuition with with $22,178.
Top 10 Colleges, Undergraduate Business
Rank | School Name | 2018 Tuition & Fees | 2019 Estimated Tuition & Fees | ||
---|---|---|---|---|---|
In-State | Out-of-State | In-State | Out-of-State | ||
1 | Massachusetts Institute of Technology | $49,892 | $51,374 | ||
2 | Carnegie Mellon University | $52,310 | $52,310 | ||
3 | Purdue University-Main Campus | $9,992 | $28,794 | $9,982 | $28,784 |
4 | University of Pennsylvania | $53,534 | $55,687 | ||
5 | University of Michigan-Ann Arbor | $14,826 | $47,476 | $14,357 | $47,953 |
6 | Ohio State University-Main Campus | $10,592 | $29,696 | $11,178 | $31,239 |
6 | University of California-Berkeley | $14,170 | $42,184 | $14,863 | $44,276 |
6 | The University of Texas at Austin | $10,398 | $36,744 | $10,713 | $37,838 |
9 | University of North Carolina at Chapel Hill | $9,005 | $34,588 | $9,179 | $35,273 |
10 | Indiana University-Bloomington | $10,533 | $34,845 | $10,680 | $35,454 |
Average | $11,359 | $41,006 | $11,565 | $42,019 |
Rank | School Name | 2018 Tuition & Fees | 2019 Estimated Tuition & Fees | ||
---|---|---|---|---|---|
In-State | Out-of-State | In-State | Out-of-State | ||
1 | Massachusetts Institute of Technology | $52,892 | $54,588 | ||
2 | Carnegie Mellon University | $42,597 | $42,597 | ||
3 | Purdue University-Main Campus | $9,992 | $28,794 | $9,982 | $28,784 |
4 | University of Pennsylvania | $37,134 | $38,729 | ||
5 | University of Michigan-Ann Arbor | $22,696 | $45,484 | $23,635 | $47,369 |
6 | Ohio State University-Main Campus | $12,425 | $33,897 | $12,425 | $34,953 |
6 | University of California-Berkeley | $14,170 | $29,272 | $14,863 | $29,948 |
6 | The University of Texas at Austin | $11,490 | $22,178 | $11,683 | $22,858 |
9 | University of North Carolina at Chapel Hill | $11,929 | $29,140 | $12,261 | $29,467 |
10 | Indiana University-Bloomington | $10,279 | $31,448 | $10,570 | $33,275 |
Average | $13,283 | $35,284 | $13,631 | $36,257 |
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