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 added $260 health services fee and $125 student activity fee per quarter. Our program spans five quarters: the first fall, winter, spring, summer, and a second fall quarter. Students graduate in December after their second fall quarter. Students graduate in December after their second fall quarter is completed.

Master of Science in Analytics Scholarships

The Analytics program awards a small number of scholarships each year. Some of our scholarships are reserved for applicants participating in the GEM (Graduate Education for Minorities) Fellowship Program.

The rest of our scholarships are awarded during the application process and all applicants are automatically eligible and considered. 

However, it is imperative that you complete your application by the Scholarship Priority Deadline (December 1) to receive consideration for scholarship funding as part of the review process. Applications completed by the Regular Deadline (January 15) may be considered for scholarship funding if any is still 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 through our department. Opportunities in other programs occasionally present themselves, though we cannot guarantee their availability in a given year.

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.