Example embodiments for augmenting master data schema are described. In an example embodiment, schema of master data to be employed by a plurality of applications are accessed. First additional information is added to the schema, wherein the first additional information is to be employed by each of the plurality of applications in accessing the master data. After the adding of the first additional information, second additional information is added to the schema, wherein the second additional information is to be employed by a first corresponding one of the plurality of applications in accessing the master data. In some example embodiments, third additional information is added to the schema, wherein the third additional information is to be employed by a second corresponding one of the plurality of applications in accessing the master data.