Programs

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

Applications: Closed

Application

Applications: Closed

Location

Santiago, Chile

Eligibility

Full scholarship opportunity for Chilean students admitted to the Master in Business Analytics + Business Analytics Certificate

About the Program

Applications for the “Master’s in Business Analytics and Business Analytics Certificate” program are open year-round and are evaluated on a rolling basis. However, applications for the Luksic Scholarship have a fixed application period. For the 2025-2026 academic year, they will open around March of 2025. 

You can find additional information here and access the 2024 information session via YouTube. 

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.

Program dates and duration: 14 months (7 bimonthly periods) / July 2025 – September 2026 (the end date may be subject to change).

Format: Classes start in July and are hybrid (50% mandatory in-person) from 5:30 pm to 9:30 pm and Saturdays from 8:30 am to 6:00 pm, twice a month (at Av. Diagonal Paraguay 257).

International component: Participants spend two weeks at the MIT campus in Cambridge, 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 2025 academic year for candidates who are accepted onto the Master in Business Analytics and Business Analytics Certificate programs. These scholarships cover the full tuition fees for the Master in Business Analytics plus the international module of the Business 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: Applications for the “Master’s in Business Analytics and Business Analytics Certificate” program are open throughout the year, as they are evaluated on a rolling basis. However, applications for the Luksic Scholarship have a fixed deadline. For the 2025-2026 academic year, they will open around March of 2025. Candidates can find additional information 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. 

Candidates will be awarded scholarships and/or funding directly from the university to which they apply. The university is exclusively responsible for selection and admissions decisions, and does so at its complete discretion and, subject only to the eligibility conditions established by the respective program. The Luksic Scholars Foundation has no participation or influence in the application processes, admissions decisions, or awarding of scholarships.

2023

year founded

4

participants to date

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