A Business Analytics PhD provides gateways into both research-centric environments and leadership roles in the private sector’s industry landscape.
As the field of business analytics grows, PhD programs specifically focused on business analytics are becoming increasingly specialized, catering to a variety of professional goals.
The expanding array of programs complicates the decision-making process. In response, the TechGuide research team has put together a brand-new list of rankings for the most cost-effective Business Analytics PhD programs.
The following results are based on our analysis of 7 programs:
- Lowest Cost: University of Cincinnati at $49,920
- Average: The average cost for an associate degree is $70,470
- Most Expensive: Drexel University costs $102,268
Ranking by Affordability using DSCA-Certified Programs
This year’s rankings for affordability account for both the overall cost of tuition and the quality of education offered. To be considered for our rankings, each Business Analytics PhD program must also be accredited by the Data Science Council of America (DSCA).
Accreditation from the DSCA requires programs to fulfill stringent criteria related to education in data science and analytics, focusing on student learning outcomes and future employability.
Here is this year’s list of the most affordable Business Analytics PhD programs.
Most Affordable Business Analytics PhD Degree Programs for 2024
University of Cincinnati
Cincinnati, Ohio
Program: PhD in Operations, Business Analytics, and Information Systems
Tuition: $49,920
Cost per credit: $441 in state | $832 out of state
Credits: 60
Delivery Method GRE Required DASCA Designation: Campus
GRE Required: Required
DASCA Designation: No
Learn more: Program detailsUniversity of South Alabama
Mobile, AlabamaProgram: Phd in Business Administration Business Analytics Concentration
Tuition: $60,600
Cost per credit: $505 in state | $1,010 out of state
Credits: 60
Delivery Method: Campus
GRE Required: Not required
DASCA Designation: No
Learn more: Program detailsCapitol Technology University
Laurel, MarylandProgram: Doctor of Philosophy (PhD) in Business Analytics and Data Science
Tuition: $62,700
Cost per credit: $950
Credits: 54-66
Delivery Method: Online
GRE Required: Not required
DASCA Designation: No
Learn more: Program detailsUniversity of Pittsburgh
Pittsburgh, PennsylvaniaProgram: PhD in Business Analytics and Operations
Tuition: $68,688
Cost per credit: $954
Credits: 72
Delivery Method: Campus
GRE Required: Required
DASCA Designation: No
Learn more: Program detailsThe University of Tennessee, Knoxville
Knoxville, TennesseeProgram: Ph.D. in Business Analytics
Tuition: $72,792
Cost per credit: $751 in state | $1,011 out of state
Credits: 72
Delivery Method: Campus
GRE Required: Required
DASCA Designation: No
Learn more: Program detailsThe University of Iowa
Iowa City, IowaProgram: Business Analytics (PhD)
Tuition: $76,320
Cost per credit: $1,060
Credits: 72
Delivery Method: Campus
GRE Required: Required
DASCA Designation: No
Learn more: Program detailsDrexel University
Philadelphia, PennsylvaniaProgram: PhD in Business with a Specialization in Operations and Business Analytics
Tuition: $102,268
Cost per credit: $1,382
Credits: 74
Delivery Method: Campus
GRE Required: Required
DASCA Designation: No
Learn more: Program details
Business Analytics Scholarships
| 2024-2025 Vistra Endowed Scholarship Program The Vistra Endowed Scholarship Program provides financial assistance to students pursuing higher education, particularly in fields related to energy, business, and STEM. It supports academic excellence and career development for future industry leaders. Amount: $5,000 Deadline: February 2025 Awards Available: Multiple More information |
| Account SPARK STEM Scholarship Fund The Account SPARK STEM Scholarship Fund offers financial aid to students pursuing degrees in science, technology, engineering, and mathematics (STEM). It aims to foster innovation and academic success in STEM-related fields. Amount: $2,500 – $10,000 Deadline: August 2025 Awards Available: Multiple More information |
| BMO Capital Markets Lime Connect Equity Through Education Scholarship The BMO Capital Markets Lime Connect Equity Through Education Scholarship supports students with disabilities pursuing business, finance, or STEM degrees. This scholarship promotes inclusion and equal access to education for students with disabilities. Amount: $10,000 Deadline: April 2025 Awards Available: Multiple More information |
| Bruce Chamberlain Scholarship The Bruce Chamberlain Scholarship financially supports students demonstrating academic excellence and leadership. It is awarded to individuals who have a strong commitment to their education and career aspirations. Amount: $1,000 Deadline: April 2025 Awards Available: Multiple More information |
| FSF Case Study Scholarship The FSF (Fashion Scholarship Fund) Case Study Scholarship is awarded to students who excel in fashion business, design, and marketing case studies. It provides financial assistance and industry exposure to help launch careers in fashion. Amount: up to $25,000 Deadline: October 2025 Awards Available: Multiple More information |
| Great Minds in STEM Scholarship The Great Minds in STEM (GMiS) Scholarship provides financial aid to underrepresented students pursuing STEM degrees. It recognizes academic achievement, leadership, and contributions to the STEM community. Amount: $500–$5,000 Deadline: April 2025 Awards Available: Multiple More information |
| Judy and Eliot Steinberg Scholarship The Judy and Eliot Steinberg Scholarship supports students who demonstrate academic excellence, leadership, and a strong commitment to their educational goals. It provides financial assistance to help students achieve success in their chosen fields. Amount: up to $25,000 Deadline: March 2025 Awards Available: 1 to 3 More information |
| Morris Educational Foundation (MEF) Scholarships The Morris Educational Foundation (MEF) Scholarships offer financial support to students in Morris School District, NJ, pursuing higher education. These scholarships help local students achieve academic success and career growth. Amount: Up to $25,000 Deadline: April 2025 Awards Available: Varies More information |
| Orchard Scholarship for Women of Color in STEM The Orchard Scholarship for Women of Color in STEM provides financial assistance to women from underrepresented backgrounds pursuing careers in science, technology, engineering, and mathematics. It promotes diversity and inclusion in STEM industries. Amount: $2,500 Deadline: December 2025 Awards Available: 1 More information |
| Perryman Family Foundation College Scholarship The Perryman Family Foundation College Scholarship supports students pursuing higher education in STEM and related fields. This verified scholarship helps cover tuition and educational expenses, promoting academic and career success. Amount: $10,000 – $15,000 Deadline: March 2025 Awards Available: Multiple More information |