Foster MBA Program #1 in Job Placement in the Northwest
If you want to ensure that you have a job after earning an MBA, then you ought to consider the full-time and Evening MBA programs at the University of Washington’s Foster School of Business. According to the most recent U.S. News & World Report release on the Best Business Schools, the Foster MBA program led the top 30 schools in job placement, ranking first in the Northwest region and 27th overall. And Foster’s Evening MBA program performed even better, ranking first in the Northwest and 18th overall.
Job placement is a fundamental component of the Foster MBA program. On average, Foster MBA graduates earn $133,299 a year in salary and bonus pay — a $15,000 increase over last year. And 75 percent received a signing bonus of more than $28,000. That’s a higher pay rate than schools such as Northwestern (Kellogg), Georgetown (McDonough), USC (Marshall) and UNC (Kenan-Flagler). It’s also a telling statistic; the Foster MBA program is among the best.
This year, MBA hiring was strong for almost every school. In fact, 23 of the top 30 business schools reported a higher than 90 percent job placement rate with Foster reaching 98 percent. As for where Foster MBA graduates are gaining jobs, they’re accepting positions in a variety of industries including technology, consulting, healthcare and financial services.
In a university press release, Dan Poston, Assistant Dean for Master’s Programs, spoke about the placement.
“The U.S. News business school rankings are formulated from a controversial mix of subjective ratings by business school deans and a small sampling of MBA recruiters combined with hard data on admissions and career outcomes,” he said. “In terms of the hard data, Foster had its best overall performance in the history of this ranking. For someone who believes more in numbers than opinion, that pleases me.”
What does this high job placement rate mean for the Foster School and its students? For one thing, it lifted the full-time MBA program into the top 20 elite U.S. schools in Bloomberg BusinessWeek, the Economist and The Financial Times. It also increased the ROI for Foster MBAs, considering the average debt of a Foster graduate is only $32,047.