In a voltage supply module and a backlight assembly having the same, a converter is disposed on a first face of a board and converts basic voltage into driving voltage. A capacitor includes at least one first electrode connected to an output line of the converter and at least one second electrode disposed to be spaced apart from the first electrode along a direction substantially parallel with the first face. A plurality of the second electrodes are disposed on the board between the first electrodes. The first and second electrodes form a ballast capacitance.