The Foster School of Business was recognized among the elite schools in the U.S., ranking #16 overall and #3 among public schools in the Bloomberg Businessweek 2018 Best Business Schools ranking. Businessweek changed its methodology this year to place greater emphasis on student and alumni satisfaction in response to feedback from MBA stakeholders. Foster’s high standing among the country’s top 94 business schools, “Reflects strong satisfaction with the program experience overall and the program outcomes among current students and alumni,” responded Dan Poston, assistant dean of master’s programs.
99% job placement and competitive earnings
A greater weighting of career results also benefited Foster, which delivered outstanding job placement rates for the MBA class of 2018: 99% of alumni secured jobs within 3 months of graduation with average salaries of $118,355 and an average signing bonus of $38,695. The majority of Foster MBA graduates accepted positions in technology, consulting, and financial services industries and 76% received a signing bonus.
Foster School of Business MBA Class of 2018 average earnings by industry
#15 for entrepreneurship
Entrepreneurship opportunities were added to this year’s ranking to recognize a growing demand by students and recruiters. Recruiters ranked schools based on whether graduates showed exceptional entrepreneurial skills and drive and students surveyed shared their interest in entrepreneurship training. The survey results illuminated Foster’s entrepreneurship ethos, which is integrated across the MBA curriculum, concentrated into a graduate certificate in entrepreneurship and realized in multiple business plan competitions through the Buerk Center for Entrepreneurship and the Jones + Foster Accelerator.
#17 for networking
Businessweek queried students, alumni and recruiters about networking opportunities, including the quality of student networks; students’ interactions with alumni; successes of the career-services office; quality and breadth of alumni-to-alumni interactions; and the school’s halo, or brand power, from recruiters’ viewpoints. Foster’s quality of network rated #17 nationally and #4 in the West, just after Stanford, UC Berkeley, and USC Marshall. Survey results noted the targeted attention that students received from career services, program support staff, faculty and the alumni engagement team.
#20 for learning environment
Foster also ranked among the elite business schools for the academic quality of its learning environment. Surveys explored whether the curriculum is applicable to real-world business situations; the degree of emphasis on innovation, problem-solving, and strategic thinking; the level of inspiration and support from instructors; class size; and collaboration. Students and alumni responded positively to the continuous improvements in the learning experience, including the Foster Advantage series that brings the latest topics such as machine learning and cybersecurity into the classroom, as well as a high level of relevance boosted by guest speakers from industry and real-world projects. One Foster student remarked, “The best thing about Foster is the diverse group of students who work together and learn from each other in a collaborative environment.”
Foster now ranks in the top 25 U.S. business schools across the following major Full-time MBA rankings:
|Bloomberg Businessweek, 2018|
|U.S. News & World Report, 2019|
|Financial Times, 2018|
|Poets & Quants, 2017|
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