Wake Forest Online MSBA FAQs

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Master of Science in Business Analytics (MSBA) Frequently Asked Questions

Find answers to the questions that new online master’s degree in business analytics students ask most.

Admissions FAQs

  • Is a GMAT waiver available?

    The Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE) will be required for all applicants whose transcripts do not show a demonstrated strong quantitative ability through past, graded coursework.

    Candidates should have completed a course in statistics and one other quantitative course such as: statistical methods, regression analysis, probability and distribution theory, statistical inference and regression, discrete math, and linear algebra. The Admissions Committee is seeking applicants who have earned a B or better in these topics.

    Students with a GPA of 3.2 or better and at least two grades of B or better in quantitative or other rigorous coursework, from a U.S.-based college/university, may be eligible for a GRE/GMAT test waiver.

    Applicants can determine which test is better suited for them individually. Scores are valid for five years post exam date. If your score is expiring, you must submit your application prior to expiration.

    GMAT test registration information is available at www.mba.com.

    Use the WFU School of Business—Online MS Business Analytics institution code R5F-NS-42.

    GRE test registration information is available at www.ets.org/gre. Use the Wake Forest Online MS in Business Analytics institution code 2709.

    If you are interested in GMAT or GRE test prep sessions, please visit our Events Calendar to view our upcoming no-charge virtual prep sessions.

    To find out if you may be eligible for a GMAT/GRE test waiver or if you have questions about the process, contact a Student Success Manager.

  • Is there a GPA requirement?

    There is no minimum GPA requirement. Preference is given to applicants who demonstrate strong performance in undergraduate coursework with an emphasis on calculus, probability, statistics, and mathematics.

  • Are transfer credits accepted?

    Transfer credit for or exemption from a required/core course is not permitted. Also, apart from these exceptions, courses taken prior to enrollment at the School of Business will not receive credit toward graduation requirements.

  • Is there an application fee? Can I apply for a waiver?

    Yes, there is a $100 application fee. Speak with a Student Success Manager to request a waiver.

Financial Aid FAQs

  • Are scholarships available for online students?

    Yes, the Wake Forest School of Business awards scholarships to eligible, deserving applicants who we believe would benefit from a Wake Forest education and contribute greatly to the University’s civic and intellectual life. Award decisions take into account a number of criteria, including:

    • Successful prior academic experience
    • Exceptional professional experiences
    • Ability to be successful in the program
    • Successful completion of the GMAT or GRE
  • What are my financing options?

    Financial aid is available to students in the form of federal and/or private loans.

    To apply for financial aid, complete the Free Application for Federal Student Aid (FAFSA) online at studentaid.gov/h/apply-for-aid/fafsa/. Refer to this table to determine which form to file based on your start date.

    Use School Code E00515 for the WFU School of Business when completing the FAFSA.

    Individuals will not be considered for federal student loans until the FAFSA has been submitted to the U.S. Department of Education and a student aid report is received by the Financial Aid Office at the Wake Forest School of Business.

    Once we receive the FAFSA results, we will process them for loan eligibility, which occurs daily on a rolling basis.

  • Can I use military funding to help pay for the MSBA?

    Wake Forest School of Business participates in the Yellow Ribbon program, which covers 100% of tuition for students who are eligible for Yellow Ribbon benefits.

    Students who are eligible for veterans benefits should submit either a Statement of Benefits or an updated Certificate of Eligibility (COE) to the Office of Financial Aid. To obtain the COE, contact the VA Education Benefits Department at 888-442-4554. To obtain the Statement of Benefits, visit www.vets.gov. The COE and Statement of Benefits can be submitted electronically to sbfinaid@wfu.edu. The Office of Financial Aid will submit enrollment certification electronically to the VA to initiate payments.

    Students who used their benefits at a previous college must submit a “Request for Change of Program or Place of Training” Form (22-1995) to the VA through www.vets.gov.


    GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at www.benefits.va.gov/gibill/.

Student Experience FAQs

  • How are the classes structured?

    Each class is 15 weeks. Students will begin the program taking foundational courses: Probability and Statistical Modeling and Analytics Software Technology. Refer to the Curriculum Overview for more information.

  • What is the Practicum?

    Students can work on their practicum project at any point during the program and are encouraged to work with their current employer to identify a project that will benefit the student in their current role or with their projected career goals. If a student is not able to secure a project from their current employer, our faculty and Center for Analytics Impact can assist in sourcing a practicum project.

  • Are there required live sessions for courses?

    Students in the program will attend live, synchronous classes where they will engage with their faculty and classmates. Faculty and students will meet face-to-face via webcam in our virtual classroom environment for 90 minutes each week of an academic term, providing students the opportunity to reinforce coursework materials, apply academic concepts, and participate in focused discussions with faculty and colleagues.

  • How many classes are in the program?

    There are 12 total courses in the program. Visit the Courses page for further details.

  • How long will it take to complete the program?

    You can complete the Master of Science in Business Analytics program in 20 or 24 months. Speak with a Student Success Manager to determine which track aligns with your professional goals.

  • How much time should I expect to dedicate to my coursework?

    Students can expect to devote 10 to 15 hours per week to their studies if enrolled in two courses and 15 to 20 hours per week if enrolled in three courses. The number of hours may vary depending on your learning style and your prior experience.

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