Skip to main content

Foster MBA Salary Job Function & Industry (2017)

The $130k to $150k range mean total salary makes the program favorable in the tier-2 category and therefore earning the candidates the best increase in salary. Largely, the cost of the program offsets the increase in salary. For the latest class, students entering consulting (by industry and job function) received the best return on their investment. Marketing/Sales, the favorite among the MBA class was not far behind ($110,186 mean base salary).

Foster MBA Salary by Job Function
 
Since the individual bonus is not published, we used the average signing bonus for the entire class in place of salary data for each job function and industry. In general, Finance as an industry and function receives a much higher bonus payment than we have estimated above.

Foster MBA Salary by Industry
 
As an industry, Technology attracted more than half of the class. The demand is in correlation with the 140,000 ICT companies in the state. Consulting was a distant second (23%) while Financial Services only registered a 6% representation for the latest Foster MBA Class.

Reference: Foster MBA Employment Report

About the Author 

Atul Jose

I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.

 

For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.

 

My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.

 

I am the author of the Winning MBA Essay Guide, the best-selling essay guide covering M7 MBA programs. I have written and updated the guide annually since 2013, which makes the 2026 edition the thirteenth.

 

The reason I still write and edit essays every cycle: a good MBA essay carries a real applicant's voice. Writing essays for F1GMAT's Books and Editing essays weekly is how I stay calibrated to what current admissions committees respond to.

 

Contact me for school selection, career planning, essay strategy, narrative development, essay editing, interview preparation, scholarship essay editing, or guidance documents for recommendation letters.