Top 6 Scholarships for Masters in Business Analytics 2024-2025

Pursuing a Master’s degree in Business Analytics can be a significant investment in your future, but it can also be a costly endeavor. 


With the increasing demand for data-driven decision-making in businesses, the field of Business Analytics is rapidly growing, and a graduate degree can open doors to exciting career opportunities.

However, the financial burden of pursuing a Master’s degree can be a significant obstacle for many talented individuals.

Fortunately, there are various scholarships available to support students pursuing a Master’s in Business Analytics. 

These scholarships can help alleviate the financial burden, allowing you to focus on your studies and achieve your academic goals. 

In this article, we will explore the top 6 scholarships for Master’s in Business Analytics, providing you with the information you need to apply and potentially secure funding for your graduate program.

Why Apply for a Scholarship in Master of Science in Business Analytics?

Pursuing a Master of Science in Business Analytics (MSBA) is a significant investment in your education and career, and applying for a scholarship can be a game-changer.


Not only do scholarships provide financial support, reducing the burden of tuition fees and living expenses, but they also offer a multitude of benefits that can propel your academic and professional journey.

By receiving a scholarship, you demonstrate your academic excellence and potential to succeed in the field, earning recognition and prestige that can open doors to new opportunities.

Many scholarship programs offer access to professional networks, connecting you with industry leaders, academics, and fellow scholars, and provide opportunities for personal growth, career advancement, and community engagement.

A scholarship can also make graduate education more accessible, enabling individuals from diverse backgrounds to pursue their goals and reduce the financial burden of student debt, allowing you to start your career with a stronger financial foundation.

Furthermore, a scholarship award can significantly enhance your resume, showcasing your academic achievements and commitment to your field, and provide a sense of accomplishment and motivation to continue striving for excellence.

By applying for a scholarship in MSBA, you can unlock these benefits, invest in your future, and take a significant step towards achieving your goals in the field of business analytics.

You will be able to focus on your studies, pursue internships and research opportunities, and build a network of professionals in your field, setting yourself up for success and making a meaningful impact in the world of business analytics.

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Top 6 Scholarships for Masters in Business Analytics

1.  University of Edinburgh MS in Business Analytics Scholarships

The University of Edinburgh’s MS in Business Analytics recognizes the financial burden of postgraduate studies and offers scholarships like the Data Analytics (Online) Scholarship Programme to attract talented students. 

This scholarship awards up to £5,000 to those pursuing the online MSc in Data and Decision Analytics, prioritizing individuals with strong academic backgrounds, the potential to contribute meaningfully to the program, and excellent professional and personal skills. 

While this is a specific scholarship offered by the Business School, exploring additional resources like wider university scholarships, external organization grants, or research assistantships is crucial. 

Remember, strong academic performance, highlighting relevant skills in your application, and understanding specific eligibility criteria and deadlines are key to maximizing your chances of securing financial support for your MS in Business Analytics at the University of Edinburgh.

2. Carlson School of Management MS in Business Analytics Scholarships

While dedicated scholarships specifically for the Carlson School’s MS in Business Analytics program may be limited, funding opportunities are still available. 

The Big Data Science & Business Analytics Scholarships provide financial support to high-performing students in the closely related Master of Science in Data Mining program. 

Expanding your search beyond this specific scholarship to university-wide scholarships, external grants focused on Business Analytics, and research assistantships within the Carlson School or broader University can significantly increase your chances of securing financial aid. 

Remember, strong academic performance and a compelling application that showcases your potential contribution to the field are key to maximizing your chances of receiving financial support for your MS in Business Analytics at the Carlson School. 

3. Alliance Manchester Business School MS in Business Analytics Scholarships

The Alliance Manchester Business School (AMBS) offers scholarships for students in various master’s programs, including the MS in Business Analytics. 

The Alliance MBS Masters Scholarships program awards merit-based financial aid to students who demonstrate strong academic performance and the potential to contribute positively to the program. 

While there’s no dedicated application process, students are automatically considered if they meet the eligibility criteria, which typically include a 2:1 or 1st UK undergraduate degree or its international equivalent. 

Additionally, AMBS partners with QS to offer an exclusive scholarship to attendees of the QS World Grad School Tour who are admitted to a one-year master’s program at the school. 

4. A.T. Kearney MS in Business Analytics Scholarship

The A.T. Kearney MS in Business Analytics Scholarship stands out as more than just financial aid. 

Awarded by the University of Chicago Booth School of Business, it recognizes exceptional students with a passion for using data to tackle complex business challenges. 

But what truly sets it apart is the immersive professional development experience offered through its partnership with A.T. Kearney, a leading global management consulting firm.

Recipients gain exclusive access to a network of A.T. Kearney professionals, mentorship from experienced consultants, and the opportunity to participate in case competitions and other industry events. 

This unique combination grants scholarship holders a significant head start in their careers, transforming them from talented students into future business analytics leaders with a real-world understanding of the consulting industry.

5. The Paul and Daisy Soros Fellowships for New Americans

The Paul and Daisy Soros Fellowships for New Americans is a program established by Paul and Daisy Soros, Hungarian immigrants and American philanthropists, in December 1997 with a charitable trust of fifty million dollars. 

The program supports thirty New Americans—immigrants or the children of immigrants—who are pursuing graduate or professional school in the United States every year. 

The fellowship is open to all fields of study and fully accredited full-time graduate and professional degree programs. 

The selection process is focused on identifying the most promising New Americans who are poised to make significant contributions to the nation through their work. 

The rigorous selection process is merit-based and emphasizes creativity, originality, initiative, and sustained accomplishment.

6. Forté MBA Fellowships

The Forté MBA Fellowships are a prestigious award for exceptional students pursuing an MBA degree at one of Forté’s partner business schools. 

To be eligible, students from any background can apply and must be accepted to a partner school’s full-time, part-time, executive, dual degree, or online program. 

The fellowship recognizes leadership, diversity, and a commitment to advancing women in business. 

Benefits include financial support, exposure to leading companies in Forté’s network, participation in exclusive conferences, access to an online networking community, and inclusion in the Forté Fellows resume book distributed to partner companies. 

The selection process involves applying to a partner school’s MBA program, receiving an offer of admission, and being selected by the school as a Forté Fellow. Awardees receive notification from the school and a welcome message from Forté.

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Applying for a scholarship to pursue a Master of Science in Business Analytics (MSBA) can be a wise and rewarding decision. 

Not only can it provide financial support, but it can also offer a range of benefits that can enhance your academic and professional journey. 

From demonstrating academic excellence and gaining recognition, to accessing professional networks and building a strong resume, a scholarship can help you achieve your goals and make a meaningful impact in the field of business analytics. 

So, if you’re considering pursuing an MSBA, don’t hesitate to explore scholarship opportunities and take the first step towards unlocking your full potential.


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