Applying for Admission
Who Should Apply to the MS in Business Analytics Program?
The MS in Business Analytics is a rigorous, fast-paced graduate program for analytical thinkers with an interest in business. Qualified applicants should demonstrate a capacity for intense academic study, a propensity for mathematics and programming, and a basic understanding of business fundamentals. Recent graduates and early-career professionals with analytical backgrounds are eligible for the program.
Ideal candidates should meet the following criteria:
- Undergraduate degree in economics, mathematics, engineering, business, computer science, statistics, or related field is preferred, but not required
- Demonstrated competency in computer programming in at least one of the following computer programming languages is required: Python, R, C, C++, C#, VB, Java, or PHP. Academic transcripts, certificates from online courses, or work experience may be cited to meet this requirement.
- At least one-semester college level calculus course is required.
- Full-time work experience is not required, but preferred. We strongly recommend having at least some related internship(s) involving analyzing data, using technical software, and/or applying computer programming languages (e.g., Python, R, SQL, C, C++, C#, VB, Java, or PHP), in addition to having related academic or extracurricular experiences.
The following application rounds and deadlines are for applicants who wish to start the MSBA program in Summer of 2022. Admitted students who enroll in the program are required to arrive on campus in time for the required program orientation in late May 2022 (exact dates to be determined). No exceptions are made to this requirement.
|Submission Deadline||Decision Notification|
|November 1, 2021||December 31, 2021|
|Round 2||January 3, 2022||March 15, 2022|
February 1, 2022
Final deadline for international applicants
|April 15, 2022|
March 15, 2022
Final deadline for domestic applicants
|April 30, 2022|
Application Requirements and Instructions
The University of Minnesota uses an online application system. Complete instructions for preparing the required application materials are provided in the guide below. Please review these instructions carefully to ensure a smooth application process.
View, download, or print this guide to preparing and submitting your application for admission to the Carlson MS in Business Analytics program:
Tuition and Financial Aid
The MS in Business Analytics program is 45 required credits over 3 Semesters (summer, fall, spring).
|Tuition Per Credit||Total Tuition (45 credits)|
Required fees per semester for the 2021-2022 academic year
|Fee||Fall and Spring||Summer*|
|Student services Fee||$458.62||
|Capital Enhancement Fee||$75||$75|
|Academic Records Fee||
|Student Health Benefit Plan (unless the student provides proof of his/her own insurance, this plan is required for international students)||
|Professional Student Government Fee||$16.76||$16.76|
|Carlson School Collegiate Fee||$580||$290 for 6 or more credits|
|International Student Administrative Fee||$175||$175|
|International Student Aid Fee||$14||$14|
*As the MS in Business Analytics program has a summer start, some summer fees would be a prorated version of the full semester fees.
**Other Education-Related costs such as books and cost of living are not included in the table above.
The total program tuition will remain the same for the three consecutive semesters a student is in the program.
Costs are estimates for the 2021-2022 academic year. For full details of tuition costs, please visit One Stop.
A non-refundable $1,500 tuition deposit is required to confirm your intention to enroll in the Master of Science in Business Analytics program and is applied toward the first academic term.
Deposit payment is required to request a one-year deferral.
All fees are subject to change.
The University of Minnesota offers many loan programs, administered through the Office of Student Finance. To be considered, you must complete the Free Application for Federal Student Aid (FAFSA). International students need a U.S. co-signer for student loans. If you have questions about loan programs, visit Financial Aid — One Stop. The University has reciprocity agreements with the states of Wisconsin, North Dakota, South Dakota, and the province of Manitoba, Canada.
The Carlson School and the University of Minnesota award a limited number of academic merit-based scholarships. Scholarship consideration is extremely competitive and the Master of Science in Business Analytics program will automatically consider applicants for all scholarships for which they are eligible. No special application is required for these scholarships.
International Student Loans
The University of Minnesota does not specifically offer non-US co-signed loans. Some of the options available to you include:
- Prodigy Finance You can find Carlson program-specific information at: https://prodigyfinance.com/eligibility-schools/028cd8d7-875a-4352-a082-9f032f5e4ab8.
- MPower Student Loan You can find details about The MPower loan program at:https://mpowerfinancing.com/borrow
The Carlson School is offering $400,000 in merit-based scholarships for qualified students joining the full-time MSBA program.
Merit Scholarships for U.S. Citizens
Twenty $20,000 scholarships will be awarded to students admitted to start the program in June 2022. Early career professionals with analytical skills are encouraged to apply. Qualified applicants should demonstrate a capacity for intense academic study, a propensity for mathematics and programming, and a basic understanding of business fundamentals.
Eligibility Requirements: Must be U.S. resident or U.S. citizen. Must be admitted to the full-time MS in Business Analytics program that begins in June 2022
Scholarships for International Students
The Carlson School and the University of Minnesota award a limited number of academic merit-based scholarships to international students. Scholarship consideration is extremely competitive.
Applying for Scholarships
The MS in Business Analytics program office will automatically consider applicants for all scholarships for which they are eligible; no special application is required.