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Foster School of Business is a highly renowned business school, accredited to the Association to Advance Collegiate Schools of Business. Applicants from across the globe hails in the institute to pursue the diverse undergraduate, graduate and doctoral programs at Foster School of Business. The school is specially recognized for its variety of unparalleled MBA courses.
Foster has a total population of more than 2,500 students, pursuing programs at undergraduate, graduate, executive and doctoral levels.The school charges a non-refundable application fee of 85 USD (~6,200 INR) from the applicants. Admissions at Foster School of Business are available in several intakes and observe different deadlines for its various courses. A common application deadline for undergraduate admissions at the institute is November 15. A survey by the Foster Alumni with over 8,000 responses proves that foster alumni founded over 3,000 companies, generated more than 300,000 new jobs and 82 billion USD in annual revenue in the country. This pushes the potential of the students in creating excellent career opportunities after completing graduation from the institute.
Foster School of Business Rankings
- #22 in Best Business Schools by US News 2022
- #14 in Part-time MBA (tie) by US News 2022
- #15 in QS World University Rankings 2022
Highlights
| Website | foster.uw.edu |
| Established | 1917 |
| Type of university | Business |
| Location | Seattle, Washington, United States |
| Application fee | 85 USD |
| Intake seasons | Summer /autumn /winter |
| Mode of payment | Cheque/cash |
| Academic calendar | Semester based |
| Financial aid | Direct Loans/ scholarships |
| Accepted test scores | TOEFL, IELTS. |
Foster School of Business Campus and Accommodation
The Foster School of Business campus comprises six buildings. One of the new buildings, The Paccar Hall serves as the headquarters for the school. The university also provides residence facilities for the students and can accommodate around 2500 students.
- The undergraduate students are provided with single, double and triple sharing rooms, 3-4 person suites and studio apartments. The average cost of residing on campus ranges around 21,000 USD (~15.34 lakh INR). They are fully furnished rooms with a private bath attached. Following are some of the housing options offered to graduate students:
- Commodore Duchess: It is a residential apartment with both studio and one-bedroom rooms attached with a private bath.
- Mercer Court DE: They have 2,3,4 and 6-bedroom apartments and also studio apartments.
- Blakeley Village: It is a family apartment with two and three bedroom apartments with a private bath.
Paccar Hall and Dempsey hall form the heart of the Seattle campus of Foster school. The new 42-million USD facility comprises the headquarters for the dean’s office, MBA and undergraduate offices, career-centers, classrooms, student team rooms, executive forums etc. Buildings, centres and halls.
The available halls are namely, Paccar hall, Dempsey hall, Bank of America executive centre, The eastside executive centre, Foster business library nad Mackenzie hall. The school provides a good and luxurious experience to the students making them feel right at home. For students settling off-campus, various transport facilities like Public transport, Biking, Carpool, Car2go, Driving and Zip cars can be used.
Foster School of Business Programs
The school offers an array of courses including undergraduate programs like Bachelor of Arts in Business Administration with complementary minors. Following are the degrees offered for the graduate applicants:
- Full-Time MBA: This is a 21-month on-campus program.
- Hybrid MBA: This is a 2-year program where classes are conducted online as well as on the campus.
- MS in Business Analytics: This is a 12-month graduate program of evening and weekend classes.
The institute also provides Ph.D. program which is a multi-year course covering the specialization of the same subjects offered as minors for the undergraduate degree. It also offers various certificates, minor programs and specialized masters courses for its students.
Foster School of Business Admission Process
The school offers admission in various course-specific intakes. Following are the admission details:
Application portal: International applicants can apply online via the university application portal.
Application fee: 85 USD.
Admission Requirements:
- The students have to apply on the official website of the university.
- A certified record of the secondary school (high school), college and university records, along with a notarized translation and grading scale if they are not in English. These transcripts must include courses taken and grades obtained.
- Copy of your secondary school (high school), college and university diploma(s) must be provided upon graduation.
- The applicant should have a minimum GPA of 2.5 (~79-80%) for the undergraduate degree and 3.39 (`90-93%) for the graduate degree.
- The undergraduate applicants have to submit their SAT or ACT scores
- The applicants have to submit their GMAT or GRE scores during the application process.
- The minimum GMAT score required is 695.
- The minimum GRE score required is 160.
- Official Test Scores: The TOEFL score is required for applicants whose first language is other than English.
- Minimum TOEFL(IBT): 100
- Minimum TOEFL(PBT): 600
- At least two LOR for the applicants.
- Financial statement to provide evidence of the ability to meet the educational expenses.
- The applicants have to submit a one or two pages long resume or CV.
Foster School of Business Cost of Attendance
The tuition fees for international students is 107,202 USD (~78.19 lakh INR). For all the candidates seeking enrollment at the institute in the upcoming sessional year, an estimated budget for international students in US has been compiled below:
| Expenses | Rate (in USD) |
|---|---|
| Room and board | 21,248 |
| Books | 1,500 |
| Local transportation | 1,728 |
| Personal expenses | 3,020 |
| Health Insurance | 2,500 |
| Meals | 5,000 |
Foster School of Business Scholarships
The institute provides several awards and scholarships for international students in USA. The school also offers educational loans, foster scholarships, third-party scholarships, summer internships to its candidates. The scholarships are merit-based for international students
- Undergraduate applicants: The application deadline is May 1st.The student must have an average of 12 credits per quarter for at least two quarters in the year in which the scholarship would be awarded.
- Graduate applicants: There is no application required as all the students are considered for the scholarship. The students are judged on their GPA and GMAT/GRE scores or their professional experience. Some of the scholarships are:
- Forte Fellowship
- The Consortium Fellowship
- Ernest I.J.Aguilar Endowed Scholarship
- The following are the external scholarships provided to international students.
- Muskie Fellowships
- American Association of Universities Women's International Fellowships
- Fullbright
- 2nd-year MBA students are permitted to work on-campus
Foster School of Business Alumni
The leadership of Foster alumni boosts the economic vitality of Seattle, Washington state and the U.S as a whole. The current students can interact with the alumni to benefit from their experience. Seminars and meetings are held for the alumni to gather and discuss the present situations in business. There are around 3,000 alumni-founded companies, 300,000 new jobs, and 82 billion USD in annual revenue nationally. The following mentioned names are the notable alumni of the university:
- Richard Roll: American Economist
- William s Ayer: CEO and president of Alaska airlines
- David Bonderman: Founding partner of TPG.
- Yoshihiko Miyauchi: Former CEO of ORIX Crop
- Andrew Brimmer: notable economist, who served in the Federal Reserve System
Foster School Business Placements
Foster School of Business ranks 1st in its placements for its MBA course by the Financial Times. Around 99% of the students are placed after 3-months of their Graduation. The average starting salary is 118,335 USD. Some of the recruiting companies are T-Mobile, Amazon, Starz, Philips and Nordstrom. EY Center for Career Advancement offers BABA and Specialized Master’s students a full range of career services including counseling, career exploration, guidance in establishing an experienced portfolio, networking opportunities, and skill development, workshops and events. Following are the average salaries according to the professions:
| Professions | Average Annual Salary in USD |
|---|---|
| Consulting | 135,000 |
| Finance/ Accounting | 119,000 |
| Marketing/ Sales | 127,000 |
| General Management | 123,000 |
| Operation/ Logistics | 127,000 |
Foster School of Business is renowned across the world for its modern research activities. Graduates earn lucrative salaries across various sectors after graduating from the school. The welcoming environment and world class education facilities of the school attracts students to pursue education in the institute.
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Foster School of Business Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Education for Sustainable Energy Development Scholarship Program | Scholarship per student₹ 17.4 L/Yr$21,000 | Level Of StudyMaster | TypeNeed-Based | |
| Richard A. Freund International Scholarship | Scholarship per student₹ 4.1 L/Yr$5,000 | Level Of StudyDoctorate | TypeMerit-Based | |
| SWE Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| The Google Lime Scholarship | Scholarship per student₹ 8.3 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Young Women in Public Affairs Award | Scholarship per student₹ 3.3 L/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student₹ 1.7 L/Yr$2,000 | Level Of StudyBachelor | TypeMerit-Based |
Foster School of Business Admissions
Application Portal: https://admit.washington.edu/apply/freshman/how-to-apply/app-fee/#international
Foster School of Business Exam Scores
| Exams | Avg. Score | Min Score | Max. Score | %Submitted' |
|---|---|---|---|---|
| Language Proficiency | ||||
| TOEFL | 691 | - | - | - |
| Check Detailed Score | ||||
| paper baesd | - | 600 | - | - |
| internet based | - | 100 | - | - |
Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
Foster School of Business Campus Location
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