Tuition and Financial Awards

Getting your MBA is a long-term investment with high returns for your future.

As a business-minded person, you want to know that you’re getting the best ROI possible. Earning a Baylor MBA is a long-term investment with life-long returns that begin more quickly than you might think. Historically, more than 90 percent of our early-career MBA graduates secure jobs with an average starting salary of $78,000+ within 90 days of graduation. But we know the first step toward financially investing in your future is often the hardest, and that’s why we assist the majority of our Full-Time MBA candidates with some measure of financial support.

Program Cost

The tuition for the Full-Time MBA is the same structure and rate for all students who enroll. There is no difference in tuition based on being an in-state applicant, a Baylor undergrad or an international applicant. The tuition is based on a flat-rate structure for each semester for which a student is registered full-time. 

Tuition and Fees 2023-2024
Flat MBA Semester Tuition Rate: Fall and Spring Semesters** $27,422
Graduate Program Fee - covers MBA program activities $200
Estimated Total Semester Cost $27,622

**Summer tuition is a per-hour rate of $1,518/hr.
Other Expenses
MBA Career Development Courses (incl. two courses) $2,000
Lab Fees (pertains to only some courses) $50
Books (yearly estimate) $1,300
International Immersion Trip (estimated one-time cost) $3,500
Estimated Tuition Cost Per Semester

Factoring a Program Average 65% Scholarship

Estimated MBA Tuition Cost/Semester - after tuition remission of 65% applied $9,668


Financial Awards

A very high percentage of Baylor MBA students receive financial awards—assistance that comes in a variety of forms to fit our students’ needs. This may include tuition scholarships, grants, loans and work-study opportunities.

Tuition Scholarships
  • Baylor Scholarships range from 25-100% tuition remission.
  • 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 students 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. 

It is not necessary to complete a separate application for a scholarship. If you are admitted, the Business School will simultaneously notify you if you have been awarded a scholarship offer alongside your acceptance notification. Priority is given to early applicants.

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 their cost and 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.

Master of Business Administration

Hankamer School of Business

Baylor MBA programs combine rigorous, customized classroom learning and real-world experience in equipping today's business professionals to lead with excellence, integrity, and ingenuity in the global marketplace.

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