Tuition & Aid

Discover the tuition and financial aid options for the Master's in Business Analytics (MBAN) program at the Penn State Smeal College of Business. Learn about the graduate tuition rates based on specific categories and the billing system for each semester. Secure your spot by submitting a non-refundable deposit, and explore the estimated expenses for the upcoming academic year. Find out about merit scholarships and automatic consideration for funding. Apply by the deadline to maximize your chances and contact the admissions team for further assistance.

Tuition for students in the Master's in Business Analytics (MBAN) program from the Penn State Smeal College of Business is determined by the University and is based on the graduate rate for students in the category of Business, EMS, Science, IST, and Engineering. Fall and spring semesters are billed on a per-semester rate.

A non-refundable deposit of $500 is required to accept an offer of admission to the MBAN program. This deposit will be credited toward your fall tuition payment.

**Estimated Expenses for the 2025-26 Academic Year**
Semester	Expenses	In-State Tuition	Out-of-State Tuition
Fall	Tuition	$13,829	$24,331
	UP Student Fee	$315	$315
	Smeal Fees	$155	$155
Spring	Tuition	$13,829	$24,331
Spring	UP Student Fee	$315	$315
	Total Cost:	$28,443	$49,447

Tuition rates are set by the University in mid-summer and are subject to change. To calculate tuition using the current year’s information, please use the Penn State Tuition and College Cost Calculator. Smeal Fees include Orientation Fee, Career Services and Student Services Fees.

Your Career ROI

Investing in your MBAN is about more than tuition—it's about accelerating your career trajectory and earning potential in the data-driven business world. Our graduates see strong returns quickly, with 82% securing full-time positions within six months of graduation at top companies like Maersk, Deloitte, Bayer Corporation, and Apex Systems. The Penn State Smeal MBAN delivers competitive outcomes that reflect the quality of our program, the strength of our network, and the dedication of our career services team to your success.

82% Employed within 6 Months
$83,000 Average Starting Salary
$115,000 High Salary Reported

Based on Class of 2025 outcomes (6 months post-graduation).

Financial Support

The Penn State Smeal College of Business Master's in Business Analytics program has merit scholarships available for admitted students. All applicants are automatically considered for funding, and there is no additional application necessary. For full consideration, candidates should apply by the third round deadline. If you have additional questions, please contact the admissions team at mban@smeal.psu.edu.