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FULL-TIME MBA Profiles Publish Date 11/13/08

University of Washington

Foster School of Business

Getting In

PROGRAM BASICS

Foster MBA Program

Michael G. Foster School of Business

Mackenzie Hall, Room 110
University of Washington
Seattle , Washington 98195-3200

Program Web site:

http://mba.washington.edu

Status:

Public Institution

Program e-mail address:

mba@u.washington.edu

Graduate business school is accredited by:


AACSB International

European Foundation for Mgt. Development (EFMD)

Years in which the following programs were founded:


Full-time MBA: 1917
Part-time MBA : 1996
Undergraduate business program: 1917
Executive MBA: 1983
Executive Education (non-degree): 1950
PhD program: 1949

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:


Resident : $  43,566
Nonresident : $  64,902
Recommended annual budget (Resident): $  36,847
Recommended annual budget (Nonresident): $  40,047

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 831
Full-time MBA: 225
Part-time MBA: 262
Executive MBA: 85

PhD program: 83
MSA: 89

Undergraduate business school enrollment

1,870

Graduate degree programs:


Master of Accounting

Other graduate degree programs:

Technology Management MBA Program

ADMISSIONS

Application Deadlines

October 12, 2008 November 15, 2008 January 15, 2009 March 15, 2009

Does the program have rolling admissions?

No

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?


IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

U Michigan Language Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Important

Undergraduate Transcripts:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

651

Applicants who were accepted to the most recent class:

31 %

Admitted applicants who enrolled in the newest class:

52 %

Applicants who were re-applicants from prior years:

4 %

Percentage of this year's reapplicants accepted:

58 %

Applicants wait-listed during the last admissions cycle:

65

Wait-listed applicants admitted for the semester to which they applied:

10

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

63 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

37 %

Applications from women received:

36 %

Mean base salary forgone:

$  53,563

Median base salary forgone:

$  52,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:


Female: 36  %
International: 18  %
Married: 57  %

Ethnicity/US Students in Program


African American: 1  %
Asian American: 15  %
Hispanic or Latino American: 4  %
Multiethnic/Multiracial : 0  %
Native American: 0  %
White (Non-Hispanic): 68  %
Chose not to report: 11  %
Other: 0  %

Students from following regions:


Africa : 0  %
Asia: 17  %
Eastern Europe and Central Asia: 2  %
Latin America and the Caribbean: 2  %
Middle East: 0  %
North America: 78  %
Oceania : 0  %
Western Europe: 1  %

Entering North American citizens by region:


Northeast: 6  %
Mid-Atlantic: 5  %
South: 0  %
Southwest: 7  %
Midwest : 7  %
West: 75  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

66

Median months of work experience of newest entering class:

62

Middle 80% range of work experience of newest entering class in months:


From:  34
To:  103

Median age of entering class:

28

Mean age of entering class:

29

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Central financial aid office at the university

Full-time MBAs applied for financial aid for the current academic year:

84 %

Full-time MBAs receiving financial aid through school:

79 %

Mean MBA financial aid package for the current academic year:

$  26,159

Median MBA financial aid package for the current academic year:

$  25,401

On what basis are scholarships awarded?


financial need

academic merit

a combination of need and merit

some other criteria

Full-tuition scholarships school will award during the upcoming academic year:

1

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  8,500

Percentage of second-year students receiving the same or more amount of money in their second year of study:

32 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  25,000

GMAT

Applicants required to take the GMAT?

Yes

Mean : 688
Median: 695

Middle 80% range GMAT scores:


From:  640
To:  750

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

51

Average students in a full-time MBA elective class:

30

Elective courses available to full-time MBA students:

72

Electives that have been added to the full-time program since June 30, 2008:


Social Entrepreneurship
Triple Bottom Line Reporting
Advanced Marketing Strategy
Personal Financial Planning
Financial Derivatives & Hedging

Year of last major change or significant overhaul to the core curriculum:

2008

Concentrations and specializations offered to full-time MBA students:


Accounting

Consulting

E-commerce

Entrepreneurship

Finance

General Management

Health Care Administration

International Business

Leadership

Management Information Systems

Manufacturing and Technology Management

Marketing

Operations Management

Organizational Behavior

Portfolio Management

Public Administration

Real Estate

Statistics and Operations Research

Other: Environmental Management, Sustainable Real Estate Development

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/MA (Arts)

MBA/MHSA (Health Services Administration)

MBA/MS (Science)

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

173

Full-time faculty


Tenured: 57
Non-Tenured: 53

Adjunct/Visiting Faculty


Tenured: 1
Non-Tenured: 62

Women on Faculty


Tenured: 8
Non-Tenured: 48

Minority Faculty


Tenured: 6
Non-Tenured: 16

International Faculty


Tenured: 9
Non-Tenured: 16

Faculty with PhDs


Tenured: 57
Non-Tenured: 58

Faculty who are also members of company boards of directors or advisors:

22 %

Faculty who have owned their own business:

26 %

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

High Tech

Marketing

Media & Entertainment

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:


International Club

Partners/Family

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used


Case study: 40  %
Distance Learning: 0  %
Experiential Learning: 10  %
Lecture: 25  %
Simulations: 10  %
Team Project: 15  %

Requirements for graduation:


Students are required to complete international experience

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

Students must complete a company-specific project and present results to relevant parties

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

The school has adopted Microsoft Sharepoint for use throughout operations allowing extensive file sharing and online activity. A complete new website for external and internal users was launched. Upgraded classroom technologies.

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

9,325

Active MBA alumni clubs

6

Countries in which MBA clubs exist

5

Living MBA alumni who gave in past year:

11 %

Mean gift from MBA alumni:

$  962

Did school receive an individual gift in excess of $10 million in past academic year?

Yes

Business School Endowment

$  102,000,000

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.washington.edu/alumni/huskyconnect/index.html

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 78  %
Graduates not seeking employment: 21  %
Graduates for whom you have no information regarding employment: 1  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 65  %
Percentage who were continuing their education (after graduation): 10  %
Percentage who were postponing their job search: 15  %
Percentage who were starting their own business(es) : 10  %

Annual job-searching trips that the school coordinates or participates in:


Destination: San Francisco Bay Area
Month: November
Amount Paid By School: Partial
Destination: New York
Month: December
Amount Paid By School: Partial
Destination: Net Impact National Conference
Month: November
Amount Paid By School: Partial
Destination: Silicon Valley/San Jose, CA
Month: February
Amount Paid By School: Partilal
Destination: Miami - National Hispanic MBA Conference
Month: September
Amount Paid By School: Partial

Primary Source of Job Offer


School-facilitated activities: 64  %
Graduate-facilitated activities: 36  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 85  %
Received first job offer in three months following graduation: 13  %
Did not report having received a job offer: 2  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:


Microsoft

Amazon.com

Goldman Sachs Group

International Bus. Machines

Intel

PricewaterhouseCoopers

Bank of America Corp.

AT&T

Apple

Credit Suisse Group

Eli Lilly

McKinsey & Company

Autodesk

Akona Consulting

T-Mobile

Philips Medical Systems

Nordstrom

Symantec

Drugstore.com

EMC

Job-accepting graduates who received a signing bonus:

54 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:


Mean base salary for most recent graduates: $  86,426
Median base salary for most recent graduates: $  85,000
Mean signing bonus for most recent graduates: $  20,146
Median signing bonus for most recent graduates: $  20,370
Mean other guaranteed compensation for most recent graduates: $  13,223
Median other guaranteed compensation for most recent graduates: $  11

Graduating students who accepted jobs in the following functional areas:


Consulting: 13  %
Finance/Accounting: 42  %
General Management: 12  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 32  %
Other: 1  %

Graduating students who accepted jobs in the following industries:


Consulting: 17  %
Consumer Products: 3  %
Financial Services: 16  %
Manufacturing: 1  %
Media/Entertainment: 1  %
Non-Profit: 1  %
Pharmaceutical/Biotechnology/Health care Products: 8  %
Real Estate: 1  %
Technology: 39  %
Other: 13  %

Graduates who accepted full-time jobs in the following regions:


Asia: 6  %
North America: 94  %

Within North America, graduates who accepted full-time jobs in the following regions:


Northeast: 7  %
West: 93  %

Top Companies - Internships:


Amazon.com

Intel

Barclays Bank PLC

International Bus. Machines

Microsoft

Bank of America Corp.

Wells Fargo

Philips Medical Systems

Real Networks

Puget Sound Energy

CB Richard Ellis

Harry & David

Safeco Insurance

Starbucks Coffee Company

Lynden

Internships awarded that are paid:

100 %

Mean : N/A Median: N/A

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

UW is truly unique in its ability to combine world-class academics with a caring, passionate student body that is as diverse in its interests and backgrounds as the world around it. Teamwork is emphasized, and it's not driven from the top - the students believe in it, and will go out of their way to help each other. --Marketing

The University of Washington offers an unparalleled opportunity for anyone wanting to live in Seattle and get involved with either major technology powerhouses or small tech start-ups. The access to local VC's and entrepreneurs cannot be replicated by any other method. --Entrepreneurship

The differentiating factor of the UW MBA Program is the amazing degree of support and collegiality that exists between the students. I received help from my classmates on schoolwork and even job interviews. One of my classmates interviewed for a job and within two hours had called me and told me what to expect as well as helped me prep for my interview the following day with the same recruiter. - Finance

The students are extremely involved and make a conscious effort to leave some sort of legacy. - Investment Banking

Lots of people are beginning to talk about how MBA programs need to generate more team-oriented, emotionally intelligent MBAs. While everyone else is talking about it, the UW is actually doing it. If you're looking for a place to not only gain a good education, but also the skills to become a trusted, ethical and good leader the University of Washington is the place. --Marketing

The UW MBA is great for people who want to learn about business, but do not plan to follow a traditional MBA path, such as consulting or investment banking. The UW MBA is a great environment due to its diversity, personal touch from a small program, and location in a very innovative city. Furthermore, the program is a great value. I felt that my education was at least equivalent to those who attend top tier progrms.--Marketing

The UW MBA offers a very unique experience. I would recommend it to certain friends and colleagues that I feel "fit the mold". It is definitely not for everyone. The type of people that I would recommend are those that are real go-getters, want to be involved, have a lot of energy, and truly understand why they are doing what they are doing. The UW MBA program is very special to me, and I want to see it continue to grow, improve, and excel in everything that it does.--Marketing

High quality program in terms of quality of teaching and quality of other students. Great class discussions where vast majority of students actively participate. Teachers really care that you understand and learn.--Operations

I did not think that the MBA provides the same value to all students. It helps with building a network and for rounding out a business education, but many people could do fine without it. The UW program is unique in its size, community, and culture. It is not for everyone.--Consulting

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