What is a good GMAT score for Washington Foster MBA?
Short Answer – The average GMAT score at Foster is 710 for the last entering class. If you score above 710, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
Average Employment Salary after Washington Foster MBA?
The average salary at Foster for the last graduating class was $147,000. 99% of the class was employed with 3 months of graduation with majority of class going into consulting (31%), Finance (3%) and technology (48%) oriented functional roles.
At the Foster School of Business, we build future leaders by providing both an outstanding academic experience and broad exposure to the realities of the business world. The MBA Mentor Program is a partnership between Foster and Seattle’s leading businesses. The program is based on mutual interest in developing the talents and abilities of our current MBA students—the future leaders of commerce in the Northwest and beyond.
Tuition Fees & Scholarship at Foster
The Tuition fee for Foster MBA is $114,000 and an additional $112,000 in living costs.
Tuition and fees for the Foster MBA program and the related living expenses represent a significant investment. The average student covers the cost through a combination of educational loans, scholarships and other funding sources.
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FAQs about Washington Foster
Yes, you are welcome to apply to multiple MBA programs at Foster. Each MBA or master’s program has its own application and admissions process, you will need to complete an application to each individual program you wish to apply to.
Each year we award a significant number of merit scholarships, ranging from $10,000 to $70,000 for the duration of the 2-year program. We may also award Tuition Waivers to out-of-state students, which reduces the non-resident tuition obligation to the lower, in-state tuition rate, in addition to merit scholarships. Additionally, Consortium applicants who are awarded Consortium Fellowships receive a full-tuition and fees scholarship for the duration of the 2-year program.
Admissions to the Full-time MBA Program is competitive and work experience is highly valued. While you are welcome to apply with no work experience, the average student enters the program with strong work experience. Please refer to our current Class Profile for information on the average work experience of admitted students.
Applicants are encouraged to apply with a GMAT or GRE score, and either is accepted. However, applicants also have the option to apply with no test score. For Autumn 2023 entry, Foster will provide applicants the option to apply “Test Optional” to the Full-time MBA Program without a standardized test score.
While applicants are welcome to apply without test scores, admission to the Full-time MBA Program is competitive, and we still strongly encourage applicants to consider submitting GMAT or GRE scores for a number of reasons, including demonstrating academic preparedness, scholarship consideration, and future career screenings that rely on GMAT or GRE scores. Please review the Test Optional FAQ section for information on requirements for applying without a GMAT or GRE score.
Unfortunately, we are unable to provide denied candidates with feedback. There normally is not a single deciding factor that led to a denial, and the decision is usually dependent on the competitiveness of the entire applicant pool. If you are interested in reapplying for the program next year and wish to speak with an admissions counselor about ways to strengthen your application, you may contact [email protected] to schedule an appointment.