Washington Foster MBA Program – A Complete Overview

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Embarking on an MBA journey involves thorough research, and the Washington Foster MBA Program stands out as a beacon of excellence. In this comprehensive guide, we delve into crucial aspects, from the vibrant class profile of 2025 to the employment reports of the class of 2023. Discover application deadlines, gain insights into the cost of attendance, and explore the array of scholarships available to support your academic and professional aspirations.

Washington Foster MBA

Class Profile

Washington University’s Foster School of Business MBA Class of 2025, embodies a diverse and accomplished cohort of individuals. The following data provides a detailed snapshot of the class composition, showcasing a rich tapestry of experiences, backgrounds, and talents.

Demographic Overview

CategoryPercentage
Class Size111
Average Age29
Age Range26 – 33
Women47%
Men53%
LGBTQ+9%
U.S. Students of Color*53%
U.S. Underrepresented Students of Color*24%
First-Generation College19%
U.S. Military*18%
*As a % of U.S. Citizens & Permanent Residents

Work Experience

CategoryValue
Avg. Years of Prior Work Experience6
Work Experience (Middle 80th % Range)4 – 9

Geography

CategoryPercentage
Washington State Residents21%
Other US State Residents23%
International Students56%

Academic Achievements

CategoryValue
Median Undergraduate GPA3.3
Median GMAT710
GMAT Middle 80th % Range660 – 740
Median GRE Quant164
GRE Quant Middle 80th % Range155 – 170
Median GRE Verbal158
GRE Verbal Middle 80th % Range155 – 163
Holding Advanced Degrees21%

Undergraduate Majors

CategoryPercentage
Art and Humanities5%
Biological and Agricultural Sciences5%
Business22%
Economics11%
Engineering34%
Health and Medical Sciences4%
Mathematics and Computer Sciences10%
Social and Behavioral Sciences5%
Other Fields4%

Observations

  • Diversity Across Multiple Dimensions: The MBA Class of 2025 at Foster School of Business is marked by a rich diversity, not only in terms of gender but also across ethnicities, academic backgrounds, and military service.
  • International Flavor: A significant majority of the class, comprising 56%, consists of international students, contributing to a globalized learning environment and cultural exchange.
  • Robust Academic Foundation: The class exhibits strong academic credentials with a median GMAT score of 710, coupled with a wide range of undergraduate majors, emphasizing the multidisciplinary nature of the cohort.
  • Varied Professional Backgrounds: With an average of 6 years of prior work experience, the MBA candidates bring a wealth of professional expertise, creating a dynamic learning atmosphere enriched by real-world insights.
  • Commitment to Diversity and Inclusion: The school’s commitment to diversity is evident with 53% of U.S. students identifying as people of color and a notable 9% identifying as LGBTQ+, showcasing a commitment to fostering an inclusive learning environment.

In essence, Washington University’s Foster School of Business MBA Class of 2025 represents a vibrant community of individuals with diverse perspectives, experiences, and aspirations, poised to contribute meaningfully to the global business landscape.

MBA Application Deadlines

Prospective candidates interested in joining the Foster Full-time MBA Program at Washington University need to adhere to specific application deadlines. The table below outlines the essential dates for the 2024 admissions cycle:

RoundApplication DeadlineReceive NotificationEnrollment Deadline
1October 3, 2023December 15, 2023February 15, 2024
2January 4, 2024*March 29, 2024May 1, 2024
3March 14, 2024 May 17, 2024June 5, 2024
*Final Deadline for International Applicants

Important Notes:

  • Applicants may choose to apply in any of the rounds but are limited to submitting only one application per academic year.
  • The final deadline for international applicants is in Round 2, with the application deadline on January 4, 2024.
  • Deadlines are strictly adhered to, with applications closing at 11:59 pm PDT on the specified dates.

MBA Cost

The Foster School of Business provides transparent information regarding tuition, fees, and additional expenses for the latest academic year. Let’s delve into the breakdown of costs for students commencing their MBA program.

MBA Program Tuition & Fees

CategoryQuarterly Tuition*Quarterly FeesTuition & Fees per Academic Year (3 Quarters)Total Program Cost Including Tuition & Fees
Resident$12,963$373$40,008$80,016
Non-Resident$18,909$373$57,846$115,692
*The quarterly fee is subject to change yearly and may affect your overall cost.

Other Estimated Expenses, Based on Latest Available Estimates**

ExpensePer Year (12-month) Estimate
Room and Board$29,668***
Books$1,100
Local Transportation$2,108
Personal Expenses$3,344
MBA Association Membership Dues (once for two years)$450
Estimate of MBA Club Dues (once for two years)$200
Health$3,600
***Assumes 1 bedroom, solo occupancy. Rental rates may vary depending on the housing situation.

Foster School of Business recognizes the importance of providing diverse avenues for financial support. The school offers a range of scholarships, both merit-based and need-based, to help students finance their education. Additionally, students are encouraged to explore external scholarship opportunities to further supplement their funding. Here is an overview of the various scholarship options available at the Foster MBA program.

Foster MBA Scholarships

The Foster School of Business offers merit-based scholarships for both domestic and international candidates. These scholarships are automatically considered for all applicants, with priority given to those who apply during the first two application rounds. The factors considered for scholarship awards include GMAT or GRE scores, GPA, professional experience, and the admission interview. Notable merit-based fellowships include:

Fellowship
Forté Fellowship
The Consortium Fellowship
Ernest I.J. Aguilar Endowed MBA Fellowship
Reaching Out MBA Fellowship

Candidates interested in the ROMBA Fellowship or Forté Fellowship are encouraged to highlight their qualifications and interest in these fellowships through the optional essay on Diversity, Equity, and Inclusion.

Additionally, Foster may consider need-based scholarship funding for Full-Time MBA students, with eligibility requiring completion of the Free Application for Federal Student Aid (FAFSA).

Outside Scholarships

Beyond the offerings at Foster, students are encouraged to explore external scholarship opportunities based on specific criteria:

  • Women and Other Underrepresented Minorities: Foster provides a list of scholarship opportunities available both within the school and from external resources, emphasizing diversity and inclusion.
  • International Students: International students can explore programs such as Fulbright, Muskie Fellowships, and the American Association of University Women’s International Fellowships. The school also advises on government scholarships offered by many countries for overseas graduate study.
  • U.S. Veterans and Spouses/Children of U.S. Veterans: Veterans may qualify for partial tuition waivers and GMAT or GRE exam fee reimbursement under the Post-911 GI Bill Program. Foster MBA students are encouraged to apply for the Tillman Military Scholars Program and Military MBA Scholarships.

Final Thoughts

As you navigate the intricate landscape of the Washington Foster MBA Program, we hope this guide has equipped you with the insights needed to make informed decisions. From the diverse and dynamic class profiles to the post-MBA employment trends, application deadlines, and financial considerations, the Foster School of Business offers a holistic and enriching experience. Your journey toward an impactful MBA education awaits at Foster, where diversity, excellence, and financial support converge to shape future leaders.

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