Foster School of Business explained

Foster School of Business
Motto:Think differently, make a difference
Established:1917
Dean:Frank Hodge
Country:U.S.

The Michael G. Foster School of Business at the University of Washington (also known as UW Foster) is the business school of the University of Washington in Seattle.[1] Founded in 1917 as the University of Washington School of Business Administration, the school was the second business school in the western United States.

Accredited by the Association to Advance Collegiate Schools of Business, the school offers bachelor's, master's, and doctoral degrees, as well as a undergraduate minor and certificate programs. Enrollment each year is about 2,500 students in its undergraduate and graduate programs and more than 1,000 working professionals in its executive education seminars and lifelong learning programs.

History

Founded in 1917, the University of Washington School of Business Administration was the second business school in the western United States.[2]

In 1981, American businesswoman and University of Washington alumna Nancy Jacob became the ninth dean of the School of Business Administration, making her the first woman to lead a major American business school.[3]

On September 7, 2007, the University of Washington announced that the Business School would be renamed for Michael G. Foster, a businessman who has pledged a total of $50 million in gifts.[4] [5] Michael G. Foster founded Foster & Marshall, which was the first locally-owned brokerage in Seattle with a seat on the New York Stock Exchange.[6]

Academics

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Ft:32
Bwg:23
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Qsusa:27

At the undergraduate level, Foster offers a Bachelor of Arts in Business Administration (BABA) degree, with 7 formal options of study: accounting, entrepreneurship, finance, human resources management, information systems, marketing, and operations & supply chain management. Students pursue a common curriculum in the lower division and upper division core courses, then specialize in their area of focus.[7] Foster undergraduates can also earn a Certificate of International Studies in Business (CISB) or participate in the Foster Honors Program. Meanwhile, entrepreneurship and business minors are available for non-business UW students. Non-business UW Students may also earn a Sales Certificate or participate in the Lavin Entrepreneurship Program.

At the graduate level, the University of Washington Foster School offers a full-time Master of Business Administration (MBA) program, Global Executive MBA program, Evening MBA, Executive MBA, Hybrid MBA (online program), Technology Management MBA, and a doctoral program. The school also offers one-year master's programs in entrepreneurship, accounting, information systems, and supply chain management. For the 2015-2016 academic year, there are total of 102 full-time faculty with 44 endowed chairs, professorships, and research fellowships. The Financial Times ranked the Foster School 24th in the world for research in 2014 and 2015.[8]

Foster School of Business also has a PhD Program in Business Administration, a full-time and year-round research-based program.

Admissions

Admission into the Foster School of Business is highly competitive. At the undergraduate level, the majority of students are admitted through Standard Admission. Through Standard Admission, students first matriculate to the University of Washington as pre-major students, then apply to Foster after completing certain prerequisite courses, prior to their sophomore or junior year.[9]

A small number of students are admitted through the Freshman Direct program, directly out of high school. These students are selected from the pool of students admitted into the University of Washington, and exhibit "exceptionally competitive" academic records. In 2018, admitted Freshman Direct students had an average high school unweighted GPA of 3.91 (on a 4.0 scale).[10]

The MBA program is one of the top 20 most competitive in the nation, with an average undergraduate gpa of 3.3 and a GMAT of 710.[11]

Rankings

The Foster School of Business MBA program is ranked 23rd in the nation by Bloomberg, 27th by US News and 16th by Financial Times. The Financial Times Global rankings lists the Foster School of Business at #30 in the world.[12] An objective ranking of Faculty Scholarly Productivity Index by Academic Analytics ranks University of Washington #1 in research productivity in Business Administration and #8 in marketing.[13] [14] U.S. News & World Report ranked Foster's Evening MBA program 5th among public universities in 2024.

U.S. News ranks Foster's undergraduate program #17 nationwide on their list of Best Undergraduate Business Programs, out of 504 U.S. schools, and #9 among public universities.[15]

Campus

The University of Washington Foster School of Business campus comprises five buildings, four in Seattle, Washington, and one in Kirkland, Washington.

Seattle Buildings

Kirkland Buildings

Centers and Programs

The following centers and specialty programs are part of the UW Foster School of Business:

Student Life/Foster Community

UW students can join over 1,000 registered student organizations. Some registered student organizations include:

Achievements

Some achievements of the University of Washington Business School:

Publication

Notable alumni

Arts and Entertainment

Athletics

Banking/Financial

Beauty/Fashion

Education

Food

Government and Judiciary

Gaming

Healthcare

Real Estate

Travel

See also

External links

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Notes and References

  1. Web site: About Foster . 2023-03-13 . Foster School of Business . en.
  2. Web site: School of Business Administration established. 3 November 2021. 17 January 2018. https://web.archive.org/web/20180117124033/http://depts.washington.edu/century/1917/10/07/the-school-of-business-administration-is-established-at-the-university-of-washington/. live.
  3. Web site: Nancy Jacob named ninth dean. 2 November 2021. 2 November 2021. https://web.archive.org/web/20211102204952/http://depts.washington.edu/century/1981/10/07/nancy-jacob-named-ninth-dean/. live.
  4. Web site: FREY . CHRISTINE . 2007-09-07 . UW business school will be renamed for major donor . 2023-03-13 . Seattle Post-Intelligencer . en.
  5. Web site: Business school at UW renamed for major donor. 7 September 2007. The Seattle Times. 2 November 2015. 24 May 2011. https://web.archive.org/web/20110524063755/http://seattletimes.nwsource.com/html/localnews/2003872955_uwbiz07m.html. live.
  6. Web site: About Michael G. Foster . 2023-03-13 . Foster School of Business . en.
  7. Web site: Undergraduate Programs. 2019-11-28. 2019-12-11. https://web.archive.org/web/20191211201736/https://foster.uw.edu/academics/degree-programs/undergraduate-programs/. live.
  8. Web site: Financial Times. 2015-10-07. 2017-08-25. https://web.archive.org/web/20170825024210/http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2015. live.
  9. Web site: Foster School of Business . 2019-11-28 . 2019-12-12 . https://web.archive.org/web/20191212101420/https://www.washington.edu/students/gencat/academic/school_business.html#UNDER . live .
  10. Web site: Freshman Direct. 2019-11-28. 2019-12-11. https://web.archive.org/web/20191211212628/https://foster.uw.edu/academics/degree-programs/undergraduate-programs/admissions/freshman-direct/. live.
  11. Web site: Class Profile Full-time MBA . 2024-05-27 . Foster School of Business . en.
  12. Web site: Rankings . 2024-05-27 . Foster School of Business . en.
  13. Web site: Academic Analytics - HOMEPAGE. Stephanie. Fischbein. Academic Analytics. 2022-08-29. 2022-08-02. https://web.archive.org/web/20220802183835/https://academicanalytics.com/. live.
  14. Web site: The Chronicle of Higher Education. 2007-01-23. 2011-06-11. https://web.archive.org/web/20110611151101/http://chronicle.com/stats/productivity/page.php?institution=12&byinst=Go. live.
  15. Web site: 2023-09-18 . Foster jumps two spots to #17 in U.S. News ranking of best undergraduate business schools . 2024-05-27 . Foster Blog . en-US.
  16. Web site: Mackenzie Hall demolition begins, making way for Founders Hall. July 17, 2020. Foster Blog. November 8, 2021. November 8, 2021. https://web.archive.org/web/20211108193005/https://blog.foster.uw.edu/mackenzie-hall-demolition-begins-making-way-founders-hall/. live.
  17. Web site: Arthur W. Buerk Center for Entrepreneurship. Foster School of Business. 2 November 2015. 14 October 2015. https://web.archive.org/web/20151014182352/http://foster.uw.edu/centers/buerk-ctr-entrepreneurship. live.
  18. Web site: Center for Leadership and Strategic Thinking. University of Washington. 8 October 2012. 2 March 2015. https://web.archive.org/web/20150302000741/http://foster.uw.edu/centers/leadership/. live.
  19. Web site: Elizabeth Padilla . UW Business School Ties Up With Game Maker | Washington and Puget Sound Business News Source | Seattle Business Magazine . 16 December 2010 . Seattlebusinessmag.com . 2012-10-08 . 2012-07-17 . https://web.archive.org/web/20120717005304/http://www.seattlebusinessmag.com/blog/uw-business-school-ties-game-maker . live .
  20. Web site: Gaming Technology: A tool for productivity | Washington and Puget Sound Business News Source | Seattle Business Magazine . 16 December 2010 . Seattlebusinessmag.com . 2012-10-08 . 2022-08-29 . https://web.archive.org/web/20220829211829/https://seattlebusinessmag.com/workplace/uw-business-school-ties-game-maker/ . live .
  21. Web site: Center for Sales and Marketing Strategy. Foster School of Business. 2 November 2015. 2 November 2015. https://web.archive.org/web/20151102083347/http://foster.uw.edu/centers/center-for-sales-and-marketing-strategy/. live.
  22. Web site: Consulting and Business Development Center. Foster School of Business. 2 November 2015. 6 November 2015. https://web.archive.org/web/20151106213239/http://foster.uw.edu/centers/consulting-and-business-development-center. live.
  23. Web site: Global Business Center. Foster School of Business. 2 November 2015. 2 November 2015. https://web.archive.org/web/20151102034757/http://foster.uw.edu/centers/gbc/. live.
  24. Web site: Certificate of International Studies in Business. Foster School of Business. 2022-08-29. 2022-04-27. https://web.archive.org/web/20220427062224/https://foster.uw.edu/academics/certificates-and-minors/certificate-of-international-studies-in-business/. live.
  25. Web site: The Product Management Center. Foster School of Business. 2021-11-08. 2021-11-08. https://web.archive.org/web/20211108191822/https://foster.uw.edu/centers/the-product-management-center/. live.
  26. Web site: USTC-UW Institute for Global Business and Finance Innovation. Foster School of Business. 2021-11-08. 2021-11-08. https://web.archive.org/web/20211108192033/https://foster.uw.edu/centers/ustc-institute/. live.
  27. Web site: Home. 2021-11-08. 2021-11-05. https://web.archive.org/web/20211105111621/http://fcac.foster.uw.edu/. live.
  28. Web site: Seattle. Creative Destruction Lab. 2022-08-29. 2022-08-24. https://web.archive.org/web/20220824092148/https://creativedestructionlab.com/locations/seattle/. live.
  29. Web site: Rankings. tamu.edu. 12 March 2015. 2 November 2015. 8 November 2015. https://web.archive.org/web/20151108170415/http://mays.tamu.edu/department-of-management/rankings/. live.
  30. Web site: Leeds 2011 Net Impact Case Competition . 2013-11-25 . https://web.archive.org/web/20131202223048/http://leeds.colorado.edu/competition/46 . 2013-12-02 . dead .
  31. Web site: Tippie College of Business - The University of Iowa. uiowa.edu. 2 November 2015. 4 March 2016. https://web.archive.org/web/20160304210206/http://tippie.uiowa.edu/accounting/accounting_rankings.pdf/. live.
  32. Web site: Publications. Foster School of Business. 2 November 2015. 5 November 2015. https://web.archive.org/web/20151105172827/http://foster.uw.edu/about-foster-school/publications. live.
  33. Web site: JFQA - home frame. washington.edu. 2 November 2015. 1 November 2015. https://web.archive.org/web/20151101110137/http://depts.washington.edu/jfqa/. live.