The average starting salary for graduates of the MSiA program in 2014 was $103,250, and the average starting bonus was $12,000.

Tuition & Financial Aid

The Master of Science in Analytics tuition for the 2022-2023 academic year is $20,721 per quarter, plus an additional $260 health services fee and $125 student activity fee per quarter. Our program spans over 5 quarters: the first fall, winter, spring, summer, and a second fall quarter. Students graduate in December after their second fall quarter. Tuition is due for first fall quarter, winter quarter, spring quarter, and your final fall quarter. During summer quarter, students fulfill their required internship and will not be billed for tuition.

Master of Science in Analytics Scholarships

The MSiA program awards a small number of scholarships each year. A portion of our scholarships are reserved for applicants committed to the mission of increasing diversity, representation, and inclusion in STEM and greater society. Applicants with diverse cultural backgrounds, especially those from historically underrepresented groups, are encouraged to apply. In addition, all applicants will be considered for our general scholarship.

Scholarships are awarded during the application process and are open to all, including international applicants. Please consider answering the optional essay question within the application; no additional application is required. 

Applications submitted and completed by the Scholarship Priority Deadline (December 1) are likely to receive the fullest consideration for scholarship funding as part of the application review process. Applications submitted and completed by the Regular Deadline (January 15) will be considered for second-round scholarship funding, as available.

Additional Funding Resources

In addition to scholarships offered directly through the program, Master of Science in Analytics students may be eligible for other types of funding. Resources may be found at the McCormick School of Engineering Fellowships and Internships page or at Northwestern University's Office of Fellowships.

Unfortunately, students in the Master of Science in Analytics program are not able to apply for teaching assistant or research assistant positions.

Financial Aid

Many master’s students find funding through a variety of loan options or through other scholarship and resource opportunities, some of which are listed on McCormick’s website.

Students in the Master of Science in Analytics program are eligible for financial aid. Prospective students should familiarize themselves with the alternatives for financial aid and contact Evanston Office of Graduate Financial Aid with any questions.

Students using financial aid to fund their graduate degree must comply with the Financial Aid Satisfactory Academic Progress (SAP) Policy to maintain eligibility.