University of Michigan Industrial & Operations Engineering (IOE)

Name

University of Michigan Industrial & Operations Engineering (IOE)

Legal name

The Regents of the University of Michigan

Website

https://ioe.engin.umich.edu

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Higher Education - Industrial & Operations Engineering

NAICS

Colleges, Universities, and Professional Schools (6113), Professional and Management Development Training (611430), Colleges, Universities, and Professional Schools (611310)

SIC

Services-Educational Services (8200), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Engineering & Technology Institutes (Comprehensive) (EDAHAEAA)

akta.pro secondary industries

Technical Universities with Computing, Data & AI Focus (EDAHAEAK), Specialized Master’s in Management (MiM) & Business Analytics (EDAHAHAC)

Keywords

• Industrial engineering education
• Operations engineering degree
• Engineering research
• Graduate engineering programs
• Industry partnership programs

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Tuition and Fees: Revenue generated from undergraduate and graduate tuition for BSE, MSE, PhD, and MEng degree programs.
2. Sponsored Projects and Research Grants: Faculty research funded by external agencies including NSF, DoE, AFOSR, FAA, and industry partners. Graduate students supported through fellowships and research assistantships.
3. Industry Sponsorship Fees: Undergraduate senior design projects sponsored at $5,000 per project; Master's student projects sponsored at $9,000 per project. Fee waivers available for non-profits.
4. Philanthropy and Endowments: Donations through various funds including the IOE Impact Fund, endowed fellowships and scholarships, and major gift contributions from alumni and corporate partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

The University of Michigan IOE Department delivers undergraduate, master's, and doctoral degree programs in Industrial and Operations Engineering, plus applied research and industry-sponsored student projects. Its academic portfolio spans eight master's specializations including data analytics, financial engineering, healthcare, human systems integration, operations research, and quality engineering. The department also operates an Industry Partnership Program offering sponsored senior design projects ($5,000) and master's student projects ($9,000) for corporate partners.

Product overview

The University of Michigan Industrial and Operations Engineering (IOE) department offers a comprehensive portfolio of educational programs and research services. The core offerings include undergraduate (BSE), master's (MSE/MEng with multiple concentrations including new Data Analytics), and doctoral (PhD) degrees in Industrial and Operations Engineering, plus a Systems Engineering and Design MSE. Educational supplements include a Human Factors Engineering minor and Financial Engineering concentration. The department operates an Industry Partnership Program facilitating sponsored student projects and talent recruitment. Research is conducted through specialized labs and centers including the Center for Ergonomics and Center for Healthcare Engineering and Patient Safety. The department is ranked #2 for graduate programs and #3 for undergraduate programs by U.S. News & World Report.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor of Science in Engineering (BSE) in Industrial and Operations Engineering ABET-accredited undergraduate degree program ranked #3 nationally by U.S. News & World Report. Curriculum covers computing and analytics, human systems integration, management engineering, manufacturing systems, operations research, and quality engineering. 420 undergraduates enrolled as of Fall 2025.
• Master of Science in Engineering (MSE) in Industrial and Operations Engineering Graduate degree program with eight specializations: Business Operations Engineering, Data Analytics and Applied Statistics, Financial Engineering, Healthcare and Human Safety, Human Systems Integration, Occupational Safety Engineering and Ergonomics, Operations Research and Analytics, and Quality Control and Reliability Engineering. 197 MS/MSE students as of Fall 2025.
• Master of Engineering (MEng) in Industrial and Operations Engineering with Data Analytics Concentration New 26-credit MEng degree combining data analytics, optimization, and engineering decision-making in flexible online or in-person format. 82 MEng students as of Fall 2025.
• PhD in Industrial and Operations Engineering Doctoral research program with 64 PhD students. Faculty includes 6 National Academy Members, 13 NSF Career Award Recipients, and 15 INFORMS Fellows. 12 PhDs granted in academic year 2024-2025.
• Systems Engineering and Design MSE Interdisciplinary master's program focused on systems engineering principles and design methodology.
• Human Factors Engineering Minor 15-credit minor teaching students to design technology that works for people. Covers human-centered engineering, ergonomics, and inclusive design principles. Open to non-IOE engineering students and Ross School of Business BBA students.
• Financial Engineering Concentration Undergraduate concentration for IOE students combining engineering principles with financial analysis. Covers corporate finance, derivative instruments, optimization, and data analytics for careers in investment banking, asset management, and consulting.
• Industry Partnership Program Customized partnership program connecting organizations with IOE students and faculty for talent recruiting, applied student projects, research collaboration, and workforce development. Sponsors pay $5,000 for undergraduate senior design projects and $9,000 for master's student projects.
• Sequential Undergraduate/Graduate Studies (SUGS) Accelerated Program Accelerated 5-year combined bachelor's and master's degree program allowing U-M students to complete both degrees efficiently.

Quantifiable outcome

• 95% of students participate in internship or co-op before graduating
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• Industry Partner OrganizationscoreStrategic or Co-development Partner · 22 September 2025The Industry Partnership Program creates meaningful connections between industry and academia. Partners gain access to top IOE talent, faculty expertise, and collaborative opportunities. Engagement options include talent recruiting, sponsored student projects, research collaboration, guest lectures, career panels, site visits, and workforce development programs.
• Senior Design Industry SponsorscoreStrategic or Co-development PartnerUndergraduate senior design projects sponsored at $5,000 per project. Students work with faculty advisor and industry mentor for 13 weeks to solve real business challenges in operations, analytics, supply chain or process improvement.
• Master's Project Industry SponsorscoreStrategic or Co-development PartnerMaster's student projects sponsored at $9,000 per project. Graduate students tackle larger, more complex strategic challenges using advanced data science techniques, optimization, and systems engineering tools. Projects run for one semester.
• IOE Advisory Board MemberscoreStrategic or Co-development PartnerAdvisory board includes industry leaders from Google, Stride Consumer Partners, Graham Packaging, Spencer Foundation, KPMG, Upstart, DoorDash, Xerox, MacKenzie-Childs, Super Radiator Coils, Toast, Ochsner Health, Harvey Mudd College, Amazon, Cisco, Halo Dream, and others. Board provides strategic guidance, industry connections, and mentorship.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• UT Austin ISE: Peer industrial engineering program with similar size and scope, overlapping research in optimization and systems engineering, and comparable industry partnership programs for sponsored projects.
• Georgia Tech H. Milton Stewart School of Industrial and Systems Engineering: Closest direct peer - top-ranked industrial engineering program with similar scale, research strengths in optimization and stochastic systems, and a comparable mix of undergraduate, master's, and PhD programs serving the same student and industry audiences.
• Penn State Industrial and Manufacturing Engineering: Large public-university peer IE program with comparable research breadth in manufacturing, ergonomics, and operations research, competing for similar undergraduate applicants and industry-sponsored projects.
• Northwestern McCormick IEMS: Top-ranked peer with strong industry connections and overlapping research in analytics, optimization, and healthcare systems. Competes for graduate students and corporate recruiting relationships.
• University of Wisconsin-Madison Industrial and Systems Engineering: Peer program with comparable research focus on optimization, human factors, and manufacturing systems. Competes for federal research funding and graduate students in overlapping methodology areas.
• Stanford Management Science & Engineering: Top-ranked peer with similar emphasis on data analytics, optimization, and systems engineering. Competes for the same pool of MS/PhD applicants and industry partnerships in technology and finance.
• Purdue School of Industrial Engineering: One of the oldest and largest IE programs in the U.S. with comparable research areas in operations research, manufacturing, and human factors, competing directly for undergraduate talent, faculty hires, and industry-sponsored research.
• UC Berkeley Industrial Engineering & Operations Research: Peer program with overlapping research strengths in optimization, stochastic systems, and financial engineering. Direct competitor for graduate students, faculty, and industry-sponsored research.
• Cornell Operations Research and Information Engineering: Peer IE/OR program with comparable scale, research strengths in optimization and data analytics, and similar industry partnership model for sponsored student projects.
• MIT Operations Research Center: Elite peer program with overlapping research in optimization, stochastic systems, and data analytics. Competes for top PhD applicants, faculty, and federal research funding in the same methodological areas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UClSr9HgcFvZkQSvxsVLrsJQ
• LinkedInlinkedin.com/school/umioe
• Instagraminstagram.com/umichioe

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about University of Michigan Industrial & Operations Engineering (IOE)