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

Rank	Name	Acceptance Rates	Graduation Rates	Population	Student-Faculty Ratio
1	Massachusetts Institute of Technology Cambridge, MA	7%	94%	11,466	3:1 (33.33 %)
2	Carnegie Mellon University Pittsburgh, PA	17%	89%	13,869	10:1 (10.00 %)
3	University of Pennsylvania Philadelphia, PA	8%	96%	25,367	6:1 (16.67 %)
4	University of Michigan-Ann Arbor Ann Arbor, MI	23%	92%	46,002	11:1 (9.09 %)
5	Stanford University Stanford, CA	4%	94%	17,534	12:1 (8.33 %)
6	Northwestern University Evanston, IL	8%	94%	22,008	6:1 (16.67 %)
7	Purdue University-Main Campus West Lafayette, IN	58%	78%	42,699	13:1 (7.69 %)
8	Columbia University in the City of New York New York, NY	6%	95%	30,454	6:1 (16.67 %)
8	Harvard University Cambridge, MA	5%	96%	31,120	7:1 (14.29 %)
10	Indiana University-Bloomington Bloomington, IN	77%	77%	43,710	17:1 (5.88 %)
	Average	21.30%	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 Living Costs

Table. Best College In Production / Operations 2019 Undergraduate Tuition Comparison and 2020 Estimation

Rank	School Name	2019 Tuition & Fees		2020 Estimated Tuition & Fees
		In-State	Out-of-State	In-State	Out-of-State
1	Massachusetts Institute of Technology	$49,892		$49,892
2	Carnegie Mellon University	$55,465		$57,064
3	University of Pennsylvania	$55,584		$57,712
4	University of Michigan-Ann Arbor	$15,262	$49,350	$14,779	$49,559
5	Stanford University	$51,354		$53,151
6	Northwestern University	$54,568		$56,525
7	Purdue University-Main Campus	$9,992	$28,794	$9,992	$28,794
8	Columbia University in the City of New York	$59,430		$68,395
8	Harvard University	$50,420		$51,935
10	Indiana 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

Rank	School Name	2019 Tuition & Fees		2020 Estimated Tuition & Fees
		In-State	Out-of-State	In-State	Out-of-State
1	Massachusetts Institute of Technology	$52,892		$52,892
2	Carnegie Mellon University	$44,667		$45,974
3	University of Pennsylvania	$38,630		$40,186
4	University of Michigan-Ann Arbor	$23,456	$47,006	$24,241	$48,579
5	Stanford University	$49,617		$49,617
6	Northwestern University	$54,620		$56,632
7	Purdue University-Main Campus	$9,992	$28,794	$9,992	$28,794
8	Columbia University in the City of New York	$48,390		$49,867
8	Harvard University	$47,562		$49,221
10	Indiana University-Bloomington	$10,564	$33,271	$10,857	$35,200
	Average	$14,671	$44,545	$15,030	$45,696