- This Master’s program is focused on professionals who are looking to deepen their knowledge in data analysis for strategic decision-making within organizations. Classes begin on September 8, 2023.
- As part of the academic experience, students will visit the Massachusetts Institute of Technology (MIT) campus in Cambridge, USA for two weeks to complete the international module that the Master’s degree includes.
“Data revolution” has become a widespread term used in recent years and responds to a growing global trend: the explosion of the volume of data that is available, the increase in speed at which data is created and disseminated, and the increasingly greater ability to store and process data to extract their value. In this context, it has become essential for organizations, both public and private, to have professionals and executives who have the knowledge and experience to meet this challenge.
The new program “Luksic Scholarship at the University of Chile — MIT – Master’s in Business Analytics” was created in response to this phenomenon and aims to provide the necessary resources and tools for four Chilean professionals (or individuals with permanent residence in Chile) to deepen their knowledge for strategic decision-making based on data and at the same time live an international experience through a two-week visit to the MIT campus in Cambridge.
The Master’s in Business Analytics is taught by the Faculty of Physical and Mathematical Sciences (FCFM) and the Faculty of Economics and Business (FEN) of the University of Chile, and the Data Analytics Certificate is taught by both faculties in collaboration with MIT’s Sloan School of Management (MSLAO).
“We are extremely pleased to offer scholarships to our students so that they can access two innovative programs in which the Faculty of Economics and Business and the Faculty of Physical and Mathematical Sciences of the University of Chile come together, namely the Master’s in Business Analytics and the Data Analytics Certificate, which includes an international module carried out on MIT’s campus in the USA.
These scholarships allow us to promote more equitable access to knowledge and enhance the use of analytics in strategic decision-making in both the public and private sectors. We are committed to bringing these opportunities closer to our students so that they can contribute to the development and progress of our society,” says Rodrigo Uribe, Director of the Postgraduate School at the Faculty of Economics and Business of the University of Chile.
The four scholarships provided by the Luksic Scholars Foundation cover the entire tuition fee for both the Master’s and the Data Analytics Certificate, which is carried out as an international module on MIT’s campus. Those who are granted the Luksic Scholarship must commit to carrying out their thesis on a topic that has a public impact in Chile and give a lecture or master class on Data Analytics to one of the member universities of the Consortium of Chilean State Universities (CUECH).
“We are very pleased to announce the launch of this new program developed in collaboration with two institutions with which we have formed a relationship for over a decade: the University of Chile and MIT. This program responds to the challenges posed by the ‘data age’ in which we currently live and we trust that it will be a rewarding experience for the participants,” comments Trinidad García, the Program Development Lead for the Luksic Scholars Foundation.
To apply to the Master’s program and to the Luksic Scholarship, candidates must have a Bachelor’s degree or equivalent professional degree either granted in Chile or abroad with a minimum duration of eight semesters. In addition, candidates must have at least two years of work experience. Applications to both the Master’s program and the four Luksic Scholarships are open until August 6 at 11:59 pm CLT.
The Faculty of Economics and Business (FEN) of the University of Chile has arranged three scholarships for those candidates who are admitted into the Master’s programs in Business Analytics and Data Analytics Certificate each year. These scholarships cover a percentage of the tuition and fees of both programs, as well as the international module that is carried out at MIT.
The application to the Master’s in Business Analytics is carried out by the FEN Graduate Application System of the University of Chile. Candidates wishing to apply for the scholarships provided by the Luksic Scholars Foundation and FEN must also complete the form available at this link (information available in Spanish only).
Program details
Program type: Master’s in Business Analytics + Data Analytics Certificate with an international module at MIT
Dates and duration: 14 months (7 bimonthly) / September 2023 – November 2024.
Modality and format: Classes start on September 8, 2023, and are hybrid (50% mandatory in-person) from 5:30 pm to 9:30 pm and Saturday from 8:30 am to 6:00 pm, twice a month (Av. Diagonal Paraguay 257 in Santiago, Chile).
International module: Participants spend two weeks on the MIT campus in Boston, USA, carrying out a 60-hour module. The scholarship does not cover the cost of flights and accommodation for the visit.
Would you like to learn more? We invite you to participate in one of the following information sessions (in Spanish only):
> In-person and online – Wednesday, July 26. 6:00 pm. Room P-307, FEN UCHILE. Diagonal Paraguay 205, Santiago. Sign up here.
> Online – Thursday, July 27 at 5 pm CLT. Sign up here.