Foster School of Business – University of Washington - Full-Time MBA

University of Washington Full-Time MBA Program Structure

Over the course of 21 months, the University of Washington full-time MBA students at the Foster School of Business take both core and elective coursework to complete their degree. This includes 46 credit hours of core courses, 44 credit hours of electives, one leadership development course, a summer internship, and an MBA Core Case Competition. Students must also take two international perspective activities and two practical experience activities, both of which may or may not be directly involved with current businesses.

Curriculum

In the first year, the University of Washington full-time MBA students focus on fundamental core courses such as Financial Reporting and Analysis, Marketing Strategy, and Statistics for Business Decisions. These courses take place over the first fall, spring, and summer quarters. Second-year students take two core classes and a variety of electives. Eleven elective courses are required for the completion of the program, and They may cover topics in Business Economics, Entrepreneurship, and Operations Management.

In addition, students may participate in experiential learning by joining a community board of directors, taking part in an international consulting project, or completing a fellowship. Students may also join MBA Core Case Competitions or a Business Plan Competition to test their skills against other top competitors. Lastly, students may take on a full-time, paid internship during the summer between the first and second years of classes.

University of Washington Full-Time MBA Rankings

• U.S. News & World Report: 20
• Bloomberg: 16
• Forbes: 23
• Financial Times: 47
• The Economist: 36

Class Profile

The University of Washington Foster School of Business full-time MBA class features 110  students. On average, students are 29-years old and have over six years of work experience. About 37  percent of the class is made up of female students, and 24  percent are of international origin. The average GMAT for this class is 692, and the average undergraduate GPA is 3.37.

Career Statistics

An estimated 94 percent of MBA grads earned employment within three months of graduation. The estimated average starting salary of recent grads is $125,474 1, with 78 percent of grads earning an average signing bonus of $36,380.

Tuition, Scholarships, and Financial Aid for the Washington Full-Time MBA

University of Washington full-time MBA costs–including both tuition and fees–are $73,452 for Washington residents and $107,136 for non-residents.

Full-time MBA students may qualify for up to $20,500 via the Stafford/Ford loan program. Eligible students must have U.S. citizenship, no prior defaults on federal student loans, and (if appropriate) draft registration.

Furthermore, students may receive private loans, and the Foster School of Business can help interested students compare private lenders.

Over one-third of MBA students receive scholarships, and both merit-based and need-based scholarships are available. First-year merit-based scholarships are based on a student’s application (including GMAT score, GPA, and interview), whereas second-year merit-based scholarships are based on a student’s current GPA and involvement in the Foster School of Business community. In addition, need-based scholarships are determined by FAFSA, and students should complete an online application to demonstrate financial need.

Additional scholarships are available for women and minorities, international students, and U.S. veterans. Veterans may apply for the Tillman Military Scholars program, Military MBA Scholarships, and a GMAT fee reimbursement.

While first-year full-time MBA students are discouraged from holding outside work, some second-year students may hold on-campus positions in MBA admissions or as teaching assistants.

Admissions

Foster at Washington full-time MBA applicants are required to hold a U.S. bachelor’s degree (or its equivalent). GMAT scores are required for all applicants. If students have taken the GMAT multiple times, the Foster adcom will accept the highest score; however, GMAT scores are only valid for five years and the test must be taken by the admissions deadline. In addition, students must prove quantitative analysis proficiency via college transcripts in quantitative courses, and/or current employment responsibilities. If necessary, students should submit evidence of English language proficiency via TOEFL, IELTS, or Pearson Test of English (Academic) scores.

The completed application includes an online application, two required essays (plus one optional essay), a résumé, two letters of recommendation, all prior transcripts, an official GMAT score report, and an $85 application fee. Work experience is preferred, but not necessary to apply for the full-time MBA.

Once a student’s application is received, the candidate may be invited to complete an admissions interview via video or in-person.

2021-2022 Washington Foster Full-Time MBA Deadlines

University of Washington Full-Time MBA FAQs

How has the university coped with the current pandemic?

Currently, all instruction is online to keep students and staff safe.

What graduate programs are offered at Foster?

Part-time, full-time, executive, global executive, and technology management MBA options are available as well as a Master of Professional Accounting. MS options in business analytics, entrepreneurship, information systems, and taxation are available. Students may also achieve a Master of Supply Chain Management.

What are some employers of recent program grads?

An estimated 33% of the most recent class went into the marketing industry and 32% into the consulting field. Employers for those students respectively included Nike and Starbucks as well as Deloitte and 2A.

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