23. University of Washington
Michael G. Foster School of Business
Box 353200, Mackenzie Hall Room 110
Seattle, Washington 98195
Admissions: 206-543-5803
Email: mba@u.washington.edu
Website: http://www.foster.washington.edu/academic/mba/Pages/mba.aspx
Apply Online: http://www.foster.washington.edu/academic/mba/Pages/Step4ApplyandInterview.aspx
Strategic thinking, leadership, and global business underlie the Foster MBA core curriculum. In just under two years, the program offers five core courses, one leadership development course, and 11 elective courses. Year one curriculum offers an integrated core of fundamental business concepts, skills, and tools. Year two curriculum focuses on personal career objectives and developing greater expertise in areas directly related to a post-MBA career.
In addition to the core and elective coursework, each student must complete two activities that provide an international or global perspective. Examples are MBA courses that focus on international topics, non-MBA courses with an international focus, study abroad, international study tours, or completion of an internationally focused internship or project.
Completion of three practical experience activities is also required in order to obtain the Foster MBA degree. These are activities designed to expose students to actual business situations in new or established organizations and may include summer internships and consulting projects.
Latest Up-To-Date MBA Rankings:
Poets&Quants (2014): 23
BusinessWeek (2014): 37
Forbes (2013): 27
U.S. News & World Report (2015): 25
Financial Times (2014): 31
The Economist (2014): 21 (U.S.)
Ranking Analysis:
The University of Washington’s Foster School fell eight places to a rank of 40th in 2011 from 32 a year earlier in PoetsandQuants’ ranking of the top 100 MBA programs in the U.S. The decline in Foster’s standing can largely be attributed to The Financial Times which failed to include the school in its 2011 ranking. A year earlier, the FT ranked Foster 78 on its global list. The school also fell four places in U.S. News’ 2011 ranking, dropping to 37th place from 33rd in 2010.
Tuition & Fees: $60,678 (resident)
Tuition & Fees: $88,350 (non-resident)
Median GMAT: 690
GMAT Range (mid-80%): 600-730
Average GPA: 3.48
Acceptance Rate: 23%
Full-Time Enrollment: 250
International: 33%
Female: 32%
Minority –17.4%
Mean Age: 29
Median Base Salary: $102,722
Median Signing Bonus: $15,000
Percentage of MBAs with Job Offers at Graduation: 82%
Percentage of MBAs with Job Offers Three Months Later: 95%
Where the Class of 2014 Found Jobs:
Technology — 37%
Consulting — 21%
Consumer Productions — 9%
Financial Services — 8%
PayScale Earnings Over 20 Years*: $2,286,000
* Number derives from 2014 PayScale Survey for Poets and Quants