Tuition

  • Tuition: $62,500*
  • Technology Fee: $820 ($205 per semester, excluding summer)*
  • Textbooks and course material: $1,815
  • Total approximate cost excluding on-campus components: $65,135*

Please visit the On-Campus Experiences page for information about costs associated with the on-campus components of the MSBA program.

Additionally, please note that students are required to have a laptop computer for school use that meets specific technical requirements. Please view the FAQ page for details.

Tuition is billed by semester as follows:
Fall $2,500 (this flat rate amount is for the first semester only and is offset by the admissions deposit of $2,500)
Spring $15,000
Summer $15,000
Fall $15,000
Spring $15,000
Total estimated tuition cost: $62,500

Except for the first semester as indicated above, tuition is billed at a rate of $625 per enrolled unit and students typically enroll for 24 units per semester. The actual semester cost varies if a student takes less than or more than 24 units in a semester.

To see the full breakdown of tuition and fees, visit https://www.cmu.edu/tepper/programs/mba/tuition-and-financial-aid/tuition-expenses/ms-business-analytics.html.

*Tuition and fees are subject to change; the above estimates are based on the Fall 2018 entering class. Tuition rates for the 2019 entering class will be available in Spring 2019.


Deposit

Admitted students are required to pay a $2,500 non-refundable deposit to secure their place in the program. The deposit is due approximately two weeks from the date the admission decision is released and is applied toward tuition expenses. Acceptance letters contain detailed instructions for submitting the deposit.


Verification Fee

To safeguard the integrity of the admissions process, Carnegie Mellon university routinely uses a third-party company to verify credentials for all admitted candidates. Candidates are required to submit a $95 fee and verification release form at the time of deposit. Details are provided upon admission.


Value Added Tax (VAT) for International Students

Students are responsible for payment of all international taxes relating to the tuition and fees paid to Carnegie Mellon University.


Financial Aid

Students may be eligible to take out federal and/or private education loans to cover tuition and other education-related costs, including the documented purchase of a laptop computer. Students who apply for federal loans receive their financial aid award letters via email within two to four weeks of FAFSA submission. Notification times for private education loans vary by lender.

The FAFSA school code for CMU is E00074.

For more information about funding your Tepper School education, contact:

Betty Casale
Executive Director of Financial Aid
Tepper-aid@andrew.cmu.edu
412-268-1242

Additional information can be found at the Tepper School Financial Aid website


Employer Reimbursement

The university does not offer deferred payment for students who receive tuition remission from their employer. For more information, view the student financial obligations terms page on the university website. Students may also email tepper-aid@andrew.cmu.edu for details.


Sponsor Billing and Third-Party Payments:

More information on these payments can be found on this financial services page.


Payment Plans

This payment plan allows students to pay the university in manageable monthly installments and provides the convenience of enrolling and making payments online through Tuition Management Systems (TMS).

TMS also offers BorrowSmart, a debt minimization service for students who need assistance in developing an education payment strategy.

Please review our payment options for more information.


Scholarships

At this time, the Tepper School does not provide scholarships for the online MSBA program with the exception of the matching scholarship for the Yellow Ribbon program (see below).


Yellow Ribbon Program

The Tepper School participates in the Yellow Ribbon Program, which assists in meeting the tuition cost difference above the amount provided by the GI Bill.

The Tepper School’s level of participation in the Yellow Ribbon Program may vary annually. For payment rate information, visit the United States Department of Veteran Affairs website. Using a GI Bill calculator may help you with financial planning.

Additional information about Veterans’ benefits can be found on The HUB.

Certificate of Eligibility

Candidates participating in the Yellow Ribbon Program should send a copy of their certificate of eligibility to Carnegie Mellon University’s Veterans Affairs office at uro-vaedbenefits@andrew.cmu.edu. An additional copy of the certificate of eligibility should be sent to tepper-aid@andrew.cmu.edu.

Eligible students are also required to submit the Veterans Education Benefits Information Form to uro-vaedbenefits@andrew.cmu.edu prior to the beginning of each semester of enrollment.

Please contact Mike Danko at uro-vaedbenefits@andrew.cmu.edu with further questions about Carnegie Mellon’s participation in the Yellow Ribbon Program.

Request Information

To learn more about the Tepper School’s online Master of Science in Business Analytics, fill out the fields below to download a free brochure. If you have additional questions, please call 888-876-8959 or 412-238-1101 to speak with an admissions counselor.

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