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A Closer Look at Regional Financial Aid Packages for MBA Programs
Financial aid packages for MBA programs can vary depending on a school’s location, endowment and even prestige. In general, competitive MBA programs may use generous financial aid packages to help recruit top candidates. While most schools offer the option of federal direct Stafford loans or federal direct Graduate PLUS loans to MBA students seeking aid, other universities may use merit-based awards to bring in exceptional applicants. This is how the financial aid process plays out in certain regional MBA programs, and the generosity of some universities may surprise you.
McMaster Establishes New Leadership Awards Alongside the Wilson Foundation
At McMaster University, they believe that leadership doesn’t start and end with the school’s exceptional MBA program; it starts in undergraduate studies. This year, the Wilson Foundation established a new awards program hosted at McMaster, which will nurture and cultivate the country’s next generation of leaders. The Wilson Leadership Scholar Award recognizes Canada’s elite group of undergraduate students who are expected to tackle some of society’s most perplexing issues. Continue reading…
How to Write a Great Resume for your MBA Application
To gain admission to competitive MBA programs, you need to stand out by demonstrating in your application what makes you a highly qualified and remarkable individual. The entire admissions process presents a chance to impress, but your resume for your MBA application plays a significant part. Continue reading…
Lubin School of Business – Pace University
History
For over a century, Pace University’s Lubin School of Business has been preparing professionals for fulfilling careers in business. From responsive professor communication to hands-on, project-based learning, we do everything we can to help students succeed.
The Lubin School of Business is dually accredited by the Association to Advance Collegiate Schools of Business (AACSB) International, an elite distinction shared by fewer than 2% of business schools in the world.
With graduates thriving in companies like AIG, Nickelodeon, L’Oreal, Tesla, and many others, Pace has a history of equipping students with vital business knowledge and creating innovative thinkers that companies want.
Location(s)
Located in the heart of New York City, the Lubin School of Business is centered in an international business hub. The main campus is located in lower Manhattan.
In addition, EMBA residencies take place at Pace University’s Downtown Conference Center, which is located right next to the main, lower-Manhattan campus.
Facilities
To ensure students gain hands-on experience and individualized instruction, the Lubin School of Business facilities are made up of specialized business centers including the Center for Excellence in Financial Reporting, the Center for Global Business Programs, the Center for Global Governance, Reporting, and Regulation, the Center for Student Enterprise, the Entrepreneurship Lab, the Global Portfolio Analysis Center, and the Small Business Development Center.
Faculty
Lubin currently employs 104 full-time and 82 part-time faculty members that help create and teach the in-depth curriculum we take pride in. Our faculty members include entrepreneurs, experienced business executives, and scholars who have worked with Fortune 500 companies and have been featured in publications like USA Today, Wall Street Journal, Newsweek, Economist, Bloomberg News, and New York Times.
Student Body
There are over 3,700 students attending the Lubin School of Business as of 2019. This includes nearly 3,100 undergraduate students and 800 graduate students.
MBA Degree Offerings
The Lubin School offers a part- or full-time online MBA program for working professionals, as well as in-person full and part-time programs including the Executive MBA, MS in Accounting, MS in Business Analytics, MS in Economics, MS in Engineering, MS in Finance, MS in Information Systems, MS in International Management, MS in Management, MS in Marketing, MS in Real Estate, and a part-time MBA.
Stillman School of Business – Seton Hall University
History
The Stillman School of Business at Seton Hall University was established in 1950 to provide education geared toward the complex, practical needs of business leaders. The School was the first private business school in New Jersey to earn accreditation from the Association to Advance Collegiate Schools of Business (AACSB International). More than 60 years later, the School continues to maintain professional accreditation from AACSB and is the only school in northern New Jersey with both business and accounting accreditation.
Location(s)
Seton Hall is located just 14 miles from New York City in South Orange, NJ. The campus is about three-fifths of a mile from the South Orange train station and also close to the New Jersey Turnpike, Garden State Parkway, Route 280 and Route 78. The main Seton Hall campus is located less than 10 miles away from the Newark Liberty International Airport.
Facilities
The business school is housed in Jubilee Hall, situated on the western part of central campus.
Faculty
There are 55 faculty members at the Stillman School of Business, most of who remain active in their industries. Many Stillman professors have contributed to major business journals and faculty employ various teaching methods, utilizing “live” and simulated business cases, lectures and seminars.
Student Body
The School maintains the feel of a close-knit community with small class sizes and convenient course schedules. Students work with faculty and administrators to achieve their academic and career goals. Moreover, the alumni community-17,000 strong-provides students with a wealth of learning, networking and career opportunities.
MBA Degree Offerings
The Seton Hall University Stillman School of Business offers an Online MBA program with three distinct concentrations: accounting; finance; and marketing.
C.T. Bauer College of Business – University of Houston
History
The C.T. Bauer College of Business was established at the University of Houston in 1942. The college was originally named the College of Business Administration. Classes for the College of Business Administration were held at the downtown University of Houston campus. In 1958, the Houston Endowment Fund gave the school a large financial gift that would create a separate building for the College of Business and Administration. The college was renamed to the C.T. Bauer College of Business in 2000 after receiving a $40 million gift from Ted Bauer, co-founder of AIM Investments.
The school is fully accredited by the AACSB International.
School Rankings
• U.S. News & World Report: 95 (tie)
• Bloomberg: 74
Location
The 667-acre campus of University of Houston is located in Southeast Houston. The Bauer College of Business is located on the southeast corner of the university. The MBA Program Office is located at 334 Melcher Hall, Houston, Texas, 77204.
The business school is located less than 25 miles away from the George Bush Intercontinental Airport.
Facilities
Bauer College is located in Melcher Hall, named after alumnus Leroy Melcher, who donated $3 million to the school. Melcher Hall is the busiest building at the university.
The building is also home the AIM Center for Investment Management. The center includes a media wall, a 16-station trading laboratory, a 36-seat classroom, and a 20-seat executive conference room. The Graduate Certificate in Financial Services Management program and the Cougar Fund, LLC are located here, and through this students are able to invest, research, manage, and audit private investor funds. C.T. Bauer College of Business students also have exclusive access to the Rockwell Career Center. The Rockwell Center aims to help students take their academic knowledge and pair it with job experiences so that they can find career success in their post-school lives. There are a wide variety of resources open to students to help them with different parts of the job search process, from job search tips to networking help. The center also offers online job tools, on-campus recruiting events, internship information and career fairs for students.
Bauer College students also have access to the University of Houston University Career Services.
Faculty
Bauer College professors draw from extensive work and teaching experience to creating an engaging learning experience for their students. Additionally, they work with professors from other University of Houston Colleges to enhance their research efforts. Research produced by Bauer faculty has been published in many respected business publications. There are nearly 200 faculty members employed at Bauer, with around 80 working as full-time professors
Student Body
Students in the full-time MBA program at the University of Houston are an average age of 28 and have on average of five years of professional work experience. Around 74 percent of full-time MBA students identify as male, with approximately 26 percent identify as female. Around 31 percent of full-time students are international students and around 24 percent are of minority status. The average GMAT score for full-time program students is 610.
Students in the Professional MBA program are an average age of 31 with six years of professional work experience. Almost 72 percent of students in the program are male, with 28 percent identifying as female. International and minority students represent approximately 6 percent and 47 percent of enrollment, respectively.
Bauer accepts up to 120 students per year in the EMBA program, coming out to 35-40 students on average per class. EMBA students on average are older than full-time and Professional MBA students and join the program with an average of 11 years professional working experience.
MBA Degree Offerings
The Bauer College of Business offers three MBA programs: a full-time MBA, a Professional MBA program and an Executive MBA program. Bauer also offers some joint degree options and an ‘Energy MBA’. All of the MBA programs offered at Bauer are AACSB-accredited.
Terry College of Business Announces Three-Year JD/MBA Program
The Terry College of Business at the University of Georgia has recently announced a new dual-degree law and business program that students can complete in just three years.
USD Provides Exceptional Opportunities for Entrepreneurs
The School of Business Administration at the University of San Diego (USD) is well known for its entrepreneurship and experiential learning program, which empowers student entrepreneurs to turn their venture ideas into reality. There are three main initiatives for entrepreneurs: the V2 Pitch Competition, the Legacy Entrepreneurship Conference and the year-long coaching and mentoring program. Continue reading…
Drucker School Announces Fellowships for Tech, Creative Industries Degrees, Among Others
The Peter F. Drucker and Masatoshi Ito Graduate School of Management at Claremont Graduate University recently announced the extension and creation of 10 fellowships that will total more than $500,000 per year.
The students who will benefit are from various programs, including technology, financial engineering, the creative industries and management. The awards will cover up to 100 percent of tuition costs for full-time students in these programs.
BC Carroll Prof. Awarded Endowed Assistant Professorship
An assistant professor of marketing at Boston College-Carroll School of Management has been named the Diane Harkins Coughlin and Christopher J. Coughlin Sesquicentennial Assistant Professor, according to the Boston College Chronicle.
Tips for Getting Your MBA without a Business Background
Heaven forbid! Are you an MBA applicant with a complete lack of business knowledge and a background in liberal arts, sciences or technology? While it may feel like you are starting the application process on a different planet from everyone else, have no fear. You are not alone. Continue reading…
Faculty Profile: Lake Forest Graduate School of Management’s Peter Logothetis
Peter Logothetis was recently profiled in a Faculty Spotlight article on Lake Forest Graduate School of Management’s Lake Effects blog. Logothetis is senior VP and group Chief Information Officer (CIO) at Allstate Insurance. He has taught at Lake Forest Graduate School of Management (LFGSM) since 2012 and currently teaches a strategic talent management course.
Here are a few excerpts from that interview with Logothetis: Continue reading…
Robinson M.S. in Mathematical Risk Among the Best in the Nation
The Financial Engineer recently named the Master of Science in Mathematical Risk Management program at Georgia State University’s J. Mack Robinson College of Business one of the top financial engineering programs in the nation.
The Consortium: Promoting Minorities in American Business and Business Schools for 50 Years
Fewer than 8 percent of the 10,000 MBA students who graduate from top-tier business schools are African-American, Native American or Hispanic American. And according to a recent BloombergBusiness article, “corporate recruiters consistently bemoan the lack of qualified candidates of color, and they’re willing to pay a premium to nonwhite (and non-Asian) new hires.” In fact, among American MBA candidates, African-Americans and Hispanics who accepted jobs by April 2014 earned around $2,000 more per year than white and Asian grads, BloombergBusiness reports.
Global Executive MBA
University of Washington Global Executive MBA Program Structure
The University of Washington Global Executive MBA (GEMBA) at the Foster School of Business takes 12 months to complete. The cohort-based program is geared toward professionals looking to continue or to start working internationally.
Curriculum
The University of Washington Global Executive MBA program takes place over four quarters, and each quarter consists of four to five classes. The classes cover disciplines such as Financial Accounting, Decision Modeling, and Ethical Leadership.
Executive MBA Rankings
• U.S. News & World Report: 23 (tie)
• Financial Times: 56
Class Profile
Students in the most recent Foster Global Executive MBA class are, on average, 37-years old and have 12 years of average professional work experience.
Careers
GEMBA students have access to all university career services. Furthermore, the MBA Career Management offers students career coaching, online resources, advisory boards, networking events, a mentor program, and peer advisors for students in their second year. In addition, students can participate in mock interviews, resume reviews, and career advising.
Tuition, Scholarships, and Financial Aid
Tuition and fees for the University of Washington Global Executive MBA come to a total of $90,000. Financial assistance may be available for a few high-potential applicants.
Admissions
Applicants are required to submit transcripts of an undergraduate degree, proof of English language proficiency (if applicable), GMAT scores, a statement of financial ability, an employer letter of support, and a letter of recommendation. GMAT scores are required for students who are self-supported, while those who are supported by their organization may waive the GMAT requirement.
Application Deadlines
| Early admissions (US and International) | Regular admissions (International) | Regular admissions (US) | |
| Application deadline | December 1 | January 15 | February 15 |
| Notification of admissions status | December 15 | February 15 | March 15 |
Tuition for classes starting in June 2023 will be announced soon. Join our mailing list to receive updates.
Executive MBA
University of Washington Executive MBA Program Structure
The University of Washington Executive MBA Program at Foster School of Business takes 21 months to complete. Two schedule options are available to compensate students’ professional lives and geographic placement. The North America classes meet once per month for three to four consecutive days (Wednesday through Saturday). Online academic sessions, as well as virtual study team meetings, support these meetings. The Regional Program meets once per week on alternating Fridays and Saturdays (occasionally consecutive Fridays and Saturdays), and offers weekly study team meetings and on-campus tutoring sessions.
Curriculum
A total of 68 credits are required to complete the University of Washington Executive MBA program. The Foster adcom has set the sequence of courses, and students remain with their cohort for the duration of their academic career. Students in the EMBA do not take elective courses. First-year courses focus on disciplines including accounting, finance, and leadership, while second-year courses explore marketing, operations, and entrepreneurship.
Furthermore, EMBA students start each academic year with a Residence Session, a week-long set of academic classes that helps students get immersed in their coursework, learn from guest speakers, and get to know their classmates. In addition, students are required to take part in an International Immersion, an eight to ten day trip that provides business instruction in locations such as Brazil, the Czech Republic, or Peru. Lastly, the capstone, the EMBA Business Plan Competition, encourages students to craft an original business plan for competition.
Executive MBA Rankings
• U.S. News & World Report: 23 (tie)
• Financial Times: 56
Class Profile
The Foster Executive MBA class has 77 students, who joined with an average of 16 years of professional work experience, and 11 years of leadership experience. Students in the program are, on average, 40-years old. Roughly 30 percent of the class is female, while 35 percent were non-domestic students. About 20 percent are military veterans.
Tuition, Scholarships, and Financial Aid
Total tuition and fees for the University of Washington Executive MBA is $114,000. This also covers meals and lodging for residence sessions, and most expenses of the International Immersion trip.
Financial aid may be available for some EMBA students. Active military and veterans may be eligible to have their full tuition covered by the Post 9/11 GI Bill. Students may also receive aid from Federal Stafford Direct Loans (up to $20,500), Federal Direct Graduate PLUS, or private MBA tuition loans.
Admissions
Students must submit an online application profile, transcripts, a personal statement, résumé, three recommendations (four for people who are self-employed), and a letter of endorsement. The GMAT is not required for EMBA applications if they have earned an accredited undergraduate degree, but applicants are welcome to submit scores that are less than five years old. Applicants may also attend an application workshop to help prepare their application. Once accepted, students are required to attend the EMBA Summer Workshop.
Application deadlines are as follows:
EMBA Program Application Rounds and Deadlines
| Round 1 – December 1 | Round 2 – February 1 | Round 3 – April 1 | |
|---|---|---|---|
| Applicants meeting all admissions criteria (10+ years professional experience; U.S. undergraduate degree; 3.0/4.0 GPA) | X | X | X |
| International Applicants; native language is NOT English; and/or all degree(s) from outside the U.S. | X | X | |
| Applicants < 10 years of direct leadership / management professional experience; < 3.0 cumulative gpa | X | X |
Evening MBA
University of Washington Evening MBA Program Structure
The University of Washington Evening MBA at Foster School of Business takes three years to complete. Students take courses on a part-time basis in the evenings. Core courses take place on Mondays and Wednesdays from 6 to 9:30 p.m. Electives are offered once a week from Mondays through Thursdays from 6 to 9:30 p.m. as well. The majority of students complete core courses within the first six quarters of the course of the program, with electives during the spring of the second year.
Curriculum
University of Washington Evening MBA students take 13 core courses and choose from over 75 offerings of electives, ranging from studies in Information Systems to Marketing. In the first half of the program, students take the same core courses in order, and then break into their preferred areas of study with the electives. Overall, Evening MBA students take 47 required core credits, in addition to 32 elective credits, for a program total of 79 credits.
Students may also take part in specialty programs offered by the Consulting & Business Development Center, the Global Business Center, the Arthur W. Buerk Center for Entrepreneurship, and the Center for Leadership and Strategic Thinking.
Part-Time MBA Rankings
• U.S. News & World Report: 12 (tie)
Class Profile
The University of Washington Evening MBA Class of 2022 has a class size of 111. Students are, on average, 29-years old on average and typically have six years of work experience. About 42 percent of the Evening MBA are female, with 58 percent male students.
The average GMAT score among the class is 641, while the average undergraduate GPA was 3.41.
Career Statistics
The Foster School of Business Career Services has a 98 percent success rate at placing its graduates in jobs within three months of graduation. Furthermore, the school offers a mentor program to help students learn about real-world business practices, and the school’s connections from its 9,300 MBA alumni may also help with job placement.
Evening MBA students have the same access to all of the career services offered to full-time MBA students. The MBA Career Management offers students career coaching, online resources, advisory boards, networking events, a mentor program, and peer advisors for students in their second year. In addition, students can participate in mock interviews, resume reviews, and career advising.
Tuition, Scholarships, and Financial Aid
Total tuition and fees for the University of Washington Evening MBA is $88,130.
Evening MBA students may receive financial aid from Federal loans (up to $20,500) based on FAFSA. In addition, private loans may also help students, and interested applicants may review the private lender comparison resource to find a source. Lastly, former or current members of the military may apply for the Tillman Military Scholars Program, as well as Military MBA Scholarships and a GMAT fee reimbursement.
Admissions
Applicants are required to hold a U.S. bachelor’s degree (or its equivalent). GMAT or GRE scores are required for all applicants. In addition, students must prove quantitative analysis proficiency via college transcripts in quantitative courses, GMAT score, or current employment responsibilities. If necessary, students should submit evidence of English language proficiency via TOEFL, IELTS, or Pearson Test of English (Academic) scores.
The completed application includes an online application, two required essays, a résumé, two letters of recommendation, all prior transcripts, an official GMAT score report, and an $85 application fee.
Once a student’s application is received, the candidate may be invited to participate in Evaluation Day, which is designed to evaluate a potential student’s communication, decision-making, team, and leadership skills.
Application deadlines are as follows:
| Application Deadline | Evaluation Day | Receive Notification | Enrollment Deadline |
|---|---|---|---|
| February 23 | Saturday, April 2, 2022 | April 22 | May 25 |
| April 12 | Saturday, May 21, 2022 | June 10 | July 12 |
Full-Time MBA
University of Washington Full-Time MBA Program Structure
Over the course of 21 months, the University of Washington full-time MBA students at the Foster School of Business take both core and elective coursework to complete their degree. This includes 46 credit hours of core courses, 44 credit hours of electives, one leadership development course, a summer internship, and an MBA Core Case Competition. Students must also take two international perspective activities and two practical experience activities, both of which may or may not be directly involved with current businesses.
Curriculum
In the first year, the University of Washington full-time MBA students focus on fundamental core courses such as Financial Reporting and Analysis, Marketing Strategy, and Statistics for Business Decisions. These courses take place over the first fall, spring, and summer quarters. Second-year students take two core classes and a variety of electives. Eleven elective courses are required for the completion of the program, and They may cover topics in Business Economics, Entrepreneurship, and Operations Management.
In addition, students may participate in experiential learning by joining a community board of directors, taking part in an international consulting project, or completing a fellowship. Students may also join MBA Core Case Competitions or a Business Plan Competition to test their skills against other top competitors. Lastly, students may take on a full-time, paid internship during the summer between the first and second years of classes.
University of Washington Full-Time MBA Rankings
• U.S. News & World Report: 20
• Bloomberg: 16
• Forbes: 23
• Financial Times: 47
• The Economist: 36
Class Profile
The University of Washington Foster School of Business full-time MBA class features 110 students. On average, students are 29-years old and have over six years of work experience. About 37 percent of the class is made up of female students, and 24 percent are of international origin. The average GMAT for this class is 692, and the average undergraduate GPA is 3.37.
Career Statistics
An estimated 94 percent of MBA grads earned employment within three months of graduation. The estimated average starting salary of recent grads is $125,474 1, with 78 percent of grads earning an average signing bonus of $36,380.
Tuition, Scholarships, and Financial Aid for the Washington Full-Time MBA
University of Washington full-time MBA costs–including both tuition and fees–are $73,452 for Washington residents and $107,136 for non-residents.
Full-time MBA students may qualify for up to $20,500 via the Stafford/Ford loan program. Eligible students must have U.S. citizenship, no prior defaults on federal student loans, and (if appropriate) draft registration.
Furthermore, students may receive private loans, and the Foster School of Business can help interested students compare private lenders.
Over one-third of MBA students receive scholarships, and both merit-based and need-based scholarships are available. First-year merit-based scholarships are based on a student’s application (including GMAT score, GPA, and interview), whereas second-year merit-based scholarships are based on a student’s current GPA and involvement in the Foster School of Business community. In addition, need-based scholarships are determined by FAFSA, and students should complete an online application to demonstrate financial need.
Additional scholarships are available for women and minorities, international students, and U.S. veterans. Veterans may apply for the Tillman Military Scholars program, Military MBA Scholarships, and a GMAT fee reimbursement.
While first-year full-time MBA students are discouraged from holding outside work, some second-year students may hold on-campus positions in MBA admissions or as teaching assistants.
Admissions
Foster at Washington full-time MBA applicants are required to hold a U.S. bachelor’s degree (or its equivalent). GMAT scores are required for all applicants. If students have taken the GMAT multiple times, the Foster adcom will accept the highest score; however, GMAT scores are only valid for five years and the test must be taken by the admissions deadline. In addition, students must prove quantitative analysis proficiency via college transcripts in quantitative courses, and/or current employment responsibilities. If necessary, students should submit evidence of English language proficiency via TOEFL, IELTS, or Pearson Test of English (Academic) scores.
The completed application includes an online application, two required essays (plus one optional essay), a résumé, two letters of recommendation, all prior transcripts, an official GMAT score report, and an $85 application fee. Work experience is preferred, but not necessary to apply for the full-time MBA.
Once a student’s application is received, the candidate may be invited to complete an admissions interview via video or in-person.
2021-2022 Washington Foster Full-Time MBA Deadlines
| Round | Application Deadline | Receive Notification | Enrollment Deadline |
|---|---|---|---|
| 1 | October 5, 2021 (11:59pm PDT) | December 17, 2021 | February 24, 2022 |
| 2 | January 4, 2022** (11:59pm PDT) | March 31, 2022 | April 28, 2022 |
| 3 | March 15, 2022 (11:59pm PDT) | May 20, 2022 | June 8, 2022 |
University of Washington Full-Time MBA FAQs
How has the university coped with the current pandemic?
Currently, all instruction is online to keep students and staff safe.
What graduate programs are offered at Foster?
Part-time, full-time, executive, global executive, and technology management MBA options are available as well as a Master of Professional Accounting. MS options in business analytics, entrepreneurship, information systems, and taxation are available. Students may also achieve a Master of Supply Chain Management.
What are some employers of recent program grads?
An estimated 33% of the most recent class went into the marketing industry and 32% into the consulting field. Employers for those students respectively included Nike and Starbucks as well as Deloitte and 2A.
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