Beca Luksic en Universidad de Chile y MIT - Magíster en Analítica de Negocios

About the Program

The Luksic Scholarship at the Universidad de Chile and Massachusetts Institute of Technology (MIT) for a Master’s in Business Analytics has been established to support leaders and professionals in how to make data-driven decisions, based on specific competencies and experiences that will allow individuals to generate change in their professional environment.

The program is jointly taught by the Facultad de Ciencias Físicas y Matemáticas (The School of Physical and Mathematical Sciences) and the Facultad de Economía y Negocios (The School of Economics and Business) of the Universidad de Chile and by MIT Sloan School of Management and is designed for managers and professionals who wish to deepen their knowledge in decision making based on data and information.

Program Type: Master in Business Analytics + International Module at MIT.

Duration: 14 months (7 bi-semesters)

Modality: Classes are hybrid (50% attendance required) twice a month (Av. Diagonal Paraguay 257).

International component: Participants spend two weeks at the MIT campus in Boston, USA, to complete a 60-hour module.

Application requirements: 

• Bachelor’s degree or equivalent professional degree granted in Chile or abroad (minimum 8 semesters of duration).
• At least 2 years of work experience.

Luksic Scholarship Eligibility & Coverage: A total of 4 Luksic Scholarships are available for the 2024 and 2025 academic year for candidates who are accepted onto the Master in Business Analytics and Data Analytics Certificate programs. These scholarships cover the full tuition fees for the Master in Business Analytics plus the international module of the Data Analytics Certificate that takes place at the MIT campus. Airfare, insurance, food, and lodging costs for students to attend the MIT portion of the course in Boston, USA are not included.

Those who are awarded the Luksic Scholarship must agree to:

• carry out their thesis on a topic that has a public impact in Chile.
• give a lecture or master class on Data Analytics at one of the member universities of the Consortium of State Universities (Consorcio De Universidades Estatales De Chile, CUECH in Spanish).

Program & Scholarship Application Dates: The Luksic Scholarship will be offered for the next two academic years: 2024 and 2025. Candidates must simultaneously apply to the Master in Business Analytics program and to the Luksic Scholarship via the Universidad de Chile’s application and financial aid processes. More information can be found here (information only available in Spanish).

A recording of the information session held in collaboration with UCHILE can be found here (information only available in Spanish).

The following are not eligible for the Luksic Scholarship:

• Those who are employed at the Universidad de Chile.
• Those who are employed at the Luksic Scholars Foundation or the Luksic Foundation.

The Universidad de Chile exclusively manages the application, selection, and allocation of funding processes without any input or participation from the Luksic Scholars Foundation.

In 2018, the Luksic Family began collaborating with the Facultad de Economía y Negocios (FEN) (“The School of Economics and Business”) of the Universidad de Chile and jointly developed an undergraduate exchange program for students at this School. Due to travel restrictions incurred by the COVID-19 pandemic, this program was discontinued in 2020. As a result, the Foundation and FEN decided to redirect the remaining funds to support full scholarships for Chilean candidates selected for the Universidad de Chile-MIT’s Master in Business Analytics program.