Tuition and Financial Awards

Getting your MBA is an investment with high returns for your future.

One of the key benefits of pursuing an MBA degree early in your career is a quicker financial and professional return on your investment.  With more than 90 percent of our MBA graduates able to secure a job within 90 days of graduation, at a median starting salary of $80,000, your investment could pay dividends earlier in your career.

We know the first step toward financially investing in your future is often the hardest, and that’s why we offer most of our Full-Time MBA candidates with some measure of tuition support.

Program Cost

The tuition rate for the Full-Time MBA is the same for all students, whether you are an in-state or out-of-state resident or international student. The tuition is a flat-rate cost per semester for students taking 12 credit hours or more. For additional information about tuition cost, fees, and cost of living expenses, please also refer to Baylor's Student Financial Services.

Tuition and Fees 

Fall 2024/Spring 2025

**Summer tuition is a per-hour rate of $1,450/hr.
 

For a comprehensive cost estimate, see Baylor's Cost of Attendance.

Other Expenses

Financing Your MBA

Financial assistance for an MBA degree comes in a variety of forms, including tuition scholarships, grants, loans, and work-study opportunities. Scholarship Universe is an easy and effective resource to connect Baylor current and admitted students to millions of dollars in outside scholarship opportunities. This database saves you time by researching scholarships that are relevant to you. Access your account today and answer questions in a personal questionnaire. Based on your answers, you will be matched with outside scholarship opportunities tailored to your talents and specific criteria.

MBA Tuition Scholarships

• Tuition Scholarships offered by the Business School range from 15-100% tuition remission.
• The average percentage of tuition remission or credit toward your tuition cost is 65%. 
• Most students receive a scholarship offer but not every student receives an offer.
• The criteria for being awarded a scholarship is based on work experience, GMAT/GRE score, academic record and overall strength of your application.
• There are no additional steps applicants need to take to be considered for a scholarship. All admitted students are automatically considered for a scholarship.
• International students are considered for scholarships on the same basis as domestic students.
• No additional application is needed to apply for a scholarship. If you are admitted, the Business School will notify you if you have been awarded a scholarship offer alongside your acceptance notification. Priority for Tuition Scholarships is given to early applicants. 

Dual Degree MBA/MSIS and MBA/MSBA Tuition Scholarships

MBA applicants who also apply for the MSIS or MSBA as part of a dual degree program are considered for scholarships awarded separately by each program.  Dual degree applicants who are awarded scholarships from both programs can expect different scholarship amounts.

• MBA and MSIS scholarships range from 15%-100% tuition remission.  MBA and MSIS scholarships are not automatic and any amount awarded will be based on the applicant’s overall competitiveness.
• All MSBA applicants are awarded a fixed 65% scholarship.

How Dual Degree Scholarships Are Applied

Both the MBA/MSIS and the MBA/MSBA degree plans take two years to complete. If a dual degree student is awarded a scholarship for each program, but the amounts differ, one amount will be applied to the first year of the student’s dual degree program and the second amount would be applied in the second year.

For example, a dual MBA/MSBA student who receives a 50% MBA scholarship and the fixed 65% MSBA scholarship would have the 50% scholarship applied in year one and the 65% scholarship applied in year two.

Tuition for the MBA degree, as well as dual degrees MBA/MSIS and MBA/MSBA, is charged at a flat rate making the tuition costs consistent from one semester/year to the next.

MBA students admitted into any other dual degree programs outside of the Business School (engineering, law, divinity or social work) will have their MBA scholarship applied to the actual semesters that they’re registered for their Business School classes.

Grants, Loans and Work-Study Opportunities

In addition to program-awarded scholarships, other forms of financial aid are available. Once your application is approved, you may also want to apply for financial aid through Baylor University Student Financial Services. Student Financial Services will work with you to determine your eligibility for grants, loans and work-study programs.

Six Tips for Limiting MBA Debt

Laurie Wilson, the director of Graduate Business Programs at Baylor’s Hankamer School of Business, shares her best tips for making smart financial decisions when determining how to fund your MBA. Making good decisions from the beginning makes for a higher return on your investment in the long run. Read more here.

NOTE: This page is intended to help prospective and admitted students estimate the costs and their expenses associated with enrolling in the program. All information on this page is subject to adjustment. For additional information about cost/expenses, please also refer to Baylor's Student Financial Services. Student employment opportunities can be found on the Student Employment website.