Foster School of Business

The Michael G. Foster School of Business is a business school at the University of Washington, Seattle. Established in 1917, it is one of the top business schools in the USA. The School offers a variety of undergraduate, postgraduate and PhD programs but is renowned for its MBA programs. UW Foster School performs well among other universities in terms of creating successful alumni career outcomes, having top-level faculty research, gender diversity and inclusion and alumni satisfaction. 

Established in	1917
Type	Public
Location	Seattle, Washington, US
Affiliated with	University of Washington(85, QS World Ranking)
Accredited By	Association to Advance Collegiate Schools of Business
Motto	Think differently, make a difference
Acceptance Rate	44%
Employed after 3 months of graduation	97%

Ranking of Foster School of Business

According to the Financial Times 2021 Global MBA Rankings:

• Foster’s Full-time MBA Program was ranked #28 in the world (and #15 in the nation)
• For the fourth year in a row, it ranked #1 among the top 30 U.S. business schools for employment
• Foster is ranked at #4 in the world and #3 in the States for research
• On the advisory board among the top 30 schools, Foster ranked #4 for a percentage of female faculty, #16 for a percentage of female students, and #18 for a percentage of women

Popular Courses

1. Undergraduate Program

The Foster School offers only one major Bachelor of Arts in Business Administration(BABA) with 7 formal options to choose from- accounting, entrepreneurship, finance, human resource management, information systems, marketing and operations supply chain management.

2. Graduate Programs 

The foster school offers the following MBA Programs:

• Full-time MBA
• Evening MBA
• Executive MBA
• Hybrid MBA: Foster’s Online MBA
• Technology Management MBA
• Global Executive MBA

It also offers one-year specialized master’s programs:

• Master of Professional Accounting
• Master of Science in Business Analytics
• Master of Science in Entrepreneurship
• Master of Science in Information Systems
• Master of Science in Taxation
• Master of Supply Chain Management

3. PhD Program

The Foster School offers a PhD Program in Business Administration. It is a full-time course and requires 4-5 years to complete. seven major areas of specialization are offered: Accounting, Finance, Information Systems, Management, Marketing, Operations Management, and Technology Entrepreneurship. In addition, students are required to select one or more minor areas related to their business discipline.

How to Apply?

Admission to Foster School in Business is competitive, but the School encourages you to apply if you meet the minimum application requirements. Besides academic excellence, the Foster School also looks for applicants with unique perspectives, whose life experiences contribute to cultural diversity in the School. 

Deadlines for applying to Foster School of Business

1. Undergraduate Programs

Applicant Type	Deadline	Enrolment
Freshman Direct (high school students)	November 15	Autumn quarter
Standard Admission(current UW or transfer students)	October 5 April 5	Winter quarter Summer or Autumn quarter

2. MBA Programs

Program	Deadline	Enrolment
Full-time MBA	October 6, January 6, March 16	Autumn quarter
Evening MBA	April 15	Autumn quarter
Executive MBA	April 1	Autumn quarter
Hybrid MBA	July 1	Autumn quarter
Technology Management MBA	May 15, August 15	Summer quarter
Global Executive MBA	December 31	Winter quarter

3. One-Year Specialized Master’s Programs

Program	Deadline	Enrolment
Master of Professional Accounting	January 15, February 15	Autumn quarter
Master of Science in Business Analytics	November 5, March 4March 4	Summer quarter
Master of Science in Entrepreneurship	November 1, Domestic: April 11, International: February 3	Summer quarter
Master of Science in Information Systems	February 1	Summer quarter
Master of Science in Taxation	Domestic: February 15, International: January 15	Autumn quarter
Master of Supply Chain Management	International: January 14, Domestic: February 15	Summer quarter

4. PhD Program

Program	Deadline	Enrolment
PhD	January 1	Autumn quarter

Eligibility Requirements

1. For Undergraduate Programs

• Freshman Direct(High School Students)

To apply to Freshman Direct as a high school student, you need to fill the general Freshman Admission application to the University of Washington. Requirements include:

• Completing a minimum level of preparation in six subject areas by all freshman and transfer applicants. Subjects include English, Mathematics, Social Sciences, Science, senior year Math-based quantitative course and fine, visual or performing arts.
• English Proficiency test score requirement of a minimum of 76 in TOEFL and 6.0 in IELTS.
• GPA of 3.5 or higher/ median SAT score of 1410/ median ACT score of 32

• Standard Admission(current UW or transfer students)

• a total of at least 60 numerically graded college credits from UW and/or other accredited colleges and universities.
• a minimum 2.5 cumulative GPA for all business course credits, including transfer credits, all UW credits, all UW business course credits
• Writing Skills Assessment (WSA) with a score of at least 3

2. Graduate Programs/PhD Programs:

• Official English Language Test Score with the following minimum score:

TOEFL iBT: 92
IELTS: 7.0

• GMAT and GRE test scores:

Average GMAT Score- 704
Average GRE Verbal- 161
Average GRE Quantitative- 160

• a completed four-year U.S. bachelor’s degree from a regionally accredited college or university or the equivalent with a GPA of 3.5 or higher (out of 4.0)

Application Process

The application process takes place over a period of time and begins months before the commencement of classes. You can call our Leverage Edu experts on 1800 572 000 to find out how the application process can be fast-tracked and streamlined to the USA! Here’s an easy 5-step process to complete your application process:

1. Call our experts on 1800 572 000 to shortlist your favourite universities and courses. Start your application to multiple universities through our one dashboard platform
2. Compile all your documents like SOPs, essays, certificates and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
3. Meet all the applications deadlines and start the application process for accommodation, USA students visa, and scholarships/student loans
4. Accept the offer letter and meet your teachers, college mates and roommates virtually
5. Get your visa approved and fly to your dream university!

Documents Required 

Generally, the following documents are required while applying; check the particular course if additional documents are to be submitted.

• Online Application Profile
• Required Essays (2), Optional Essays (2)
• Resume
• Statement of Purpose
• Letters of Recommendation (2)
• Official GMAT or GRE Score Report or completed “Test Optional Summary of Qualifications”
• Transcripts from a completed four-year U.S. bachelor’s degree from a regionally accredited college or university or the equivalent
• Proof of English Language Proficiency test scores
• Video Interview Submission (instructions are emailed on how to complete this a 3-4 days after the application round deadline)
• Non-Refundable Application Fee
• Scholarships, awards, and honours earned (if applicable)
• Relevant nonacademic experience (if applicable)
• F-1 or J-1 visas are required to be enrolled as full-time students for international students

Cost of Study 

Program	Tuition fees for the entire program
Full-time MBA(2 years)	$107,472(INR 8057734)
Evening MBA(3years)	$91,374(INR 6850783)
Executive MBA(2 years)	$120,000(INR 8997024)
Hybrid MBA	TBD
Technology Management MBA (1.5 years)	$87,400(INR 6552832)
Global Executive MBA	TBD
Master of Professional Accounting	$27,300(INR 2046822)
Master of Science in Business Analytics	$53,932(INR 4043562)
Master of Science in Entrepreneurship	$43,000(INR 3223933)
Master of Science in Information Systems	$47,396(INR 3553524)
Master of Science in Taxation	$27,381(INR 2052895)
Master of Supply Chain Management	$46,544(INR 3489645)

PhD programs are subject to financial aid in the form of tuition waivers, fellowships and scholarships provided by the School. Doctoral students who maintain performance and are able to make satisfactory progress towards completion of the degree are provided with financial support for at least 4 years.

Cost estimates of other expenses:

Room and Board	$21,248(INR 1593073)
Books	$1,500(INR 112462)
Local Transportation	$1,728(INR 129557)
Personal Expenses	$3,020(INR 226425)
Health	$2,500(INR 187438)

Career Scope 

The foster school of business is renowned for its job placement and a degree in MBA from Foster holds value to recruiters and employers. For the fourth year in a row, it ranked #1 among the top 30 U.S. business schools for employment. After three months of graduating, 94% of the class of 2020 was employed. MBA graduates from Foster secured positions primarily in technology, consulting and financial services, earning an average salary of $146,566 (INR 1,09,88,815)

Are you planning to study at Foster School of Business? Call our Leverage Edu experts at 1800 57 2000 for end-to-end assistance from application to Visa process.