Best Colleges in Production / Operations Program

This page introduces the top colleges in Production / Operations program. Massachusetts Institute of Technology is ranked first in Production / Operations program ranking and Carnegie Mellon University is placed in second. Next describes the Production / Operations program in general.
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 Comparison Between Best Colleges in Production / Operations Program

3 public and 7 private schools are ranked in the top Production / Operations colleges. The average acceptance rate of the schools is 21.30% where Stanford University has the tightest acceptance rate of 4% and Indiana University-Bloomington has the highest rate of 77%. Total 284,229 students are enrolled into the best Production / Operations schools where University of Michigan-Ann Arbor has the largest population with 46,002 students and Massachusetts Institute of Technology is the smallest school with 11,466 students. The average graduation rate is 90.50% and the average students to faculty ratio is 9.10:1 at those colleges.
Next table shows the academic information and key facts of the best Production / Operations colleges including acceptance rate, graduation rates, student population, and students to faculty ratio.
Table. Best Colleges in Production / Operations Program
RankName Acceptance RatesGraduation RatesPopulationStudent-Faculty Ratio
1Massachusetts Institute of Technology
Cambridge, MA
7%94%11,466 3:1 (33.33 %)
2Carnegie Mellon University
Pittsburgh, PA
17%89%13,869 10:1 (10.00 %)
3University of Pennsylvania
Philadelphia, PA
8%96%25,367 6:1 (16.67 %)
4University of Michigan-Ann Arbor
Ann Arbor, MI
23%92%46,002 11:1 (9.09 %)
5Stanford University
Stanford, CA
4%94%17,534 12:1 (8.33 %)
6Northwestern University
Evanston, IL
8%94%22,008 6:1 (16.67 %)
7Purdue University-Main Campus
West Lafayette, IN
58%78%42,699 13:1 (7.69 %)
8Columbia University in the City of New York
New York, NY
6%95%30,454 6:1 (16.67 %)
8Harvard University
Cambridge, MA
5%96%31,120 7:1 (14.29 %)
10Indiana University-Bloomington
Bloomington, IN
77%77%43,710 17:1 (5.88 %)
Average21.30%90.50%284,229 (Total) 9.10:1 (10.99 %)

Best College In Production / Operations 2019 Tuition Comparison and 2020 Estimated Costs

Next table lists 2018-2019 tuition & fees and compares the costs between the best college in production / operations. The 2018-2019 costs are officially published by IPEDS, U.S. Department of Education. The estimated costs for year 2019-2020 are calculated and estimated based on each school's tuition rates last year.

For the undergraduate programs, the average tuition & fees of the best college in production / operations is $49,031 where Columbia University in the City of New York has the most expensive costs with $59,430 and Purdue University-Main Campus has the lowest amount of tuition with $28,794. The average graduate tuition & fees of the best college in production / operations is $44,545 where Northwestern University has the highest tuition with $54,620 and Purdue University-Main Campus has the lowest amount of graduate school tuition with $28,794.
UndergraduateGraduate
Table. Best College In Production / Operations 2019 Undergraduate Tuition Comparison and 2020 Estimation
RankSchool Name 2019 Tuition & Fees2020 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Massachusetts Institute of Technology $49,892$49,892
2Carnegie Mellon University $55,465$57,064
3University of Pennsylvania $55,584$57,712
4University of Michigan-Ann Arbor $15,262$49,350 $14,779$49,559
5Stanford University $51,354$53,151
6Northwestern University $54,568$56,525
7Purdue University-Main Campus $9,992$28,794 $9,992$28,794
8Columbia University in the City of New York $59,430$68,395
8Harvard University $50,420$51,935
10Indiana University-Bloomington $10,681$35,456 $10,831$36,078
Average$11,978$49,031$11,867$50,911
Table. Best College In Production / Operations 2019 Graduate School Tuition Comparison and 2020 Estimation
RankSchool Name 2019 Tuition & Fees2020 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
1Massachusetts Institute of Technology $52,892$52,892
2Carnegie Mellon University $44,667$45,974
3University of Pennsylvania $38,630$40,186
4University of Michigan-Ann Arbor $23,456$47,006 $24,241$48,579
5Stanford University $49,617$49,617
6Northwestern University $54,620$56,632
7Purdue University-Main Campus $9,992$28,794 $9,992$28,794
8Columbia University in the City of New York $48,390$49,867
8Harvard University $47,562$49,221
10Indiana University-Bloomington $10,564$33,271 $10,857$35,200
Average$14,671$44,545$15,030$45,696

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