Is Rochester Simon's MS Business Analytics a Cash Cow?
$68K, STEM-OPT, ~60% international, GMAT-optional, one year—but in-house and it publishes outcomes. We score Simon's MSBA: 63/100.
Is Rochester Simon's MS Business Analytics a Cash Cow? (2026)
The University of Rochester's Simon Business School runs a STEM-designated MS in Business Analytics (MSBA) that costs $68,000 for one year, makes the GMAT/GRE optional, and markets a "three full years of US work eligibility" through STEM-OPT. MS in Business Analytics is one of the most international, most full-pay categories in US graduate education — so we ran Simon's version through our Cash-Cow Index, an 8-test rubric scored entirely on public facts.
"Cash cow" is an evaluative label for a revenue-oriented structure, drawn from disclosed facts — not a claim of fraud, deception, or low quality. Simon is an AACSB-accredited, nationally ranked business school and the degree carries real value. Every figure is sourced and dated.
The data
| Test (max) | Finding | Source | Confidence |
|---|---|---|---|
| International (22) | Simon's own recruiting page states "approximately 60 percent of Simon MS and MBA students are international" (school-wide, MS+MBA combined). No program-level MSBA % is published; the BA class profile (entry 2021–24, as of Aug 2024) lists 91 students from 18 countries with average TOEFL 103 / IELTS 7.3. Of Class-of-2025 MS hires, 17.3% took jobs in Asia. | simon.rochester.edu (recruiters; BA class profile; careers) | High (school-wide ~60%) / program % not published |
| Full-pay (18) | $68,000 tuition (2026–27, as of Nov 2025), plus ~$6,600 in fees (health, activity, $900 one-time international-student fee) and ~$23,650 living costs. "More than 90% of incoming MS students receive merit-based scholarship support" — partial merit awards; no assistantships or full funding described. | simon.rochester.edu/.../tuition-financial-aid | High |
| Open-door (12) | GMAT/GRE "not required" (optional); holistic review; rolling through Aug 1 (international encouraged by Jul 1); application fee waived. No published acceptance rate. Class profile shows GPA 3.3, GMAT mid-band 630–740 — i.e. selectivity is real. | simon.rochester.edu/.../standardized-tests ; class profile | High |
| One-year (10) | "One Year," two semesters, 13 courses, non-thesis (capstone CIS 465); Aug or Jan start; optional summer internship. A 6-week pre-program "micro-semester" was removed in the 2025 revamp. | simon.rochester.edu/.../curriculum | High |
| Middleman (12) | No OPM. The full-time MSBA is run in-house by Simon (a separate online MSBA exists but is a distinct program). No disclosed revenue-share partner. | simon.rochester.edu | Med-High |
| Factory (10) | One of five STEM-designated full-time MS programs; 330+ full-time MS students in the Class of 2025. But Simon's total graduate enrollment fell ~5% (1,369 → 1,304, Fall 2024), and tuition was cut "$10,000 or more" in the 2025 revamp — not the profile of a scaling mill. | simon.rochester.edu ; Rochester Beacon (Dec 2024) ; Poets&Quants (Jan 2025) | High |
| Visa (6) | Curriculum page markets verbatim: STEM-designated, students can "extend their Optional Practical Training (OPT) by 24 months—for up to three full years of US work eligibility." | simon.rochester.edu/.../curriculum | High |
| Outcomes (10) | Publishes detailed, CSEA-standard outcomes: BA mean base + signing $75,801 (US-employed, 2025); 73% of job-seeking MS grads with offers within 6 months (Class of 2025); geographic split and named employers (Bain, Goldman Sachs, Deloitte, Morgan Stanley, BlackRock). Data dated April 1, 2026. | simon.rochester.edu/.../careers-outcomes | High |
The score
International 15 · Full-pay 15 · Open-door 7 · One-year 9 · Middleman 2 · Factory 6 · Visa 6 · Outcomes 3 → Total ≈ 63 / 100 — "Elevated."
The demand side reads cash-cow-like: a one-year, $68,000, STEM/OPT-marketed business-analytics degree with a GMAT-optional door, sold into the most international, most full-pay corner of US graduate education. But the program lands in the middle of the "Elevated" band — not the top — because of the two tests that separate a demand-driven program from a pure revenue mill, and it passes both. It runs in-house — there is no online-program manager skimming 40–60% of tuition (Middleman: 2/12) — and it publishes verifiable, standards-compliant outcomes rather than hiding them (Outcomes: 3/10). It also fails the "factory" pattern: enrollment is declining and tuition was cut, the opposite of a unit being scaled for cash.
The single honest caveat is the headline itself. MSBA cohorts are widely reported to skew 80–95% international, but Simon does not publish a program-level international percentage. The only figure Simon discloses is "approximately 60 percent of Simon MS and MBA students are international" — a blended MS-plus-MBA number, and MS programs almost certainly run higher than the MBA. We scored the disclosed ~60% (which already clears our >50% "high" threshold) and flag that the often-cited higher figures are reporting, not a Simon statistic. If you've seen "90% international" for this program, ask Simon to confirm it in writing.
Mitigating context
Simon is an AACSB-accredited, research-driven business school, and a STEM analytics credential here is a different product from an unranked online vendor's. Three facts pull genuinely in students' favor. First, transparency: Simon publishes employment outcomes to the Career Services and Employer Alliance reporting standard — a mean salary, a six-month placement rate, named employers, dated to April 2026 — which is exactly the disclosure most programs we review withhold, and it is a real point in Simon's favor. Second, it kept the money inside the university by running the program itself. Third, it lowered the price: the 2025 revamp cut tuition "$10,000 or more" and shortened the degree — moves that cut against a pure-extraction read.
For an applicant who wants a ranked-business-school brand, a STEM-OPT runway, and outcomes they can actually inspect before paying, this can be a rational choice — provided you price the full ~$98K bundle (tuition + fees + living) and assume partial merit aid at best, since international MS students rarely receive the assistantships that fund domestic STEM students, as our data on assistantship funding shows. A high-ish score describes the economics of the structure, not the value any individual student receives.
For comparison: Columbia's SPS Applied Analytics scores higher on the same rubric (more international, double the price, no program outcomes), while Georgia Tech's OMSCS scores far lower — the benchmark for a genuinely good deal. Two sibling posts we're publishing alongside this one — Georgetown's MPS in Analytics and Northeastern's Align MS CS — show the same structural pattern at different price points. Simon is one data point in the broader cash-cow master's investigation.
Right of reply. Simon Business School is welcome to respond — including a program-level MSBA international-enrollment figure, an acceptance rate, or any correction — and we will publish it in full.
This is opinion and structural analysis based on public data as of June 2026 — not financial, immigration, or admissions advice. Figures change; verify current terms with the program. "Cash cow" is an evaluative label for a revenue-oriented structure, not an allegation of wrongdoing. GradPilot is independent and unaffiliated with the University of Rochester.
Sources
Simon Business School MS in Business Analytics program, curriculum, tuition & financial aid, standardized-tests, class-profile, careers-outcomes, and international-recruiting pages (simon.rochester.edu); Rochester Beacon, "Simon Business School unveils changes to MS programs" (Dec 2024); Poets&Quants, "Simon Business School Just Elevated Their MS Programs" (Jan 2025). Accessed June 2026.
Related Reading
- The Cash-Cow Index: Score Your Master's Offer in 8 Tests
- Cash Cow Master's Programs at Elite Universities
- Is Columbia's SPS Analytics Master's a Cash Cow?
- Is Georgetown's MPS in Analytics a Cash Cow?
- Is Northeastern's Align MS CS a Cash Cow?
- Is Georgia Tech's OMSCS a Cash Cow? (the low-score benchmark)
- TA/RA/GA Funding Reality for International MS Students
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