University of Washington

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

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

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

University alumni networking site:

http://www.foster.washington.edu/alumni/Pages/Alumni.aspx

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:

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:

Internships awarded that are paid:

100 %

Mean : N/A Median: N/A

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

N/A