Foisie School of Business
Worcester - Massachusetts, United States
- Cost of Living$ 29,556
- Tuition Fee From$ 30,440
- Country Rank-
- Batch Strength6,139
- Global Diversity-
- Gender Ratio-
Overview
About
Foisie School of Business is a private business school located in Worcester, Massachusetts, United States. The school is part of Worcester Polytechnic Institute (WPI), a prestigious research university that has been providing high-quality education since 1865.
The Foisie School of Business offers undergraduate and graduate programmes in business administration, management, entrepreneurship, and innovation. The acceptance rate stands at 92%. The school has a strong focus on experiential learning, which allows students to gain practical experience and apply what they learn in the classroom to real-world business situations.
The school also offers a variety of resources and programmes to support students in their academic and professional development. The Foisie Business & Innovation Center is a hub for entrepreneurship and innovation, providing resources for students, faculty, and the local business community. The school's Career Development Center offers a range of services, including career coaching, job search support, and employer networking events.
Foisie School of Business has a faculty of accomplished educators and researchers who bring their expertise and experience to the classroom. The faculty members have diverse backgrounds and bring a wide range of perspectives to the classroom, enriching the educational experience of the students.
The school has several specialized centres and programmes that focus on different areas of business, such as the Collaborative for Entrepreneurship & Innovation, the Social Science & Policy Studies Department, and the Healthcare Delivery Institute. These centres provide students with opportunities to delve deeper into their specific areas of interest and gain specialized knowledge and skills.
Ranking
The Foisie Business School at Worcester Polytechnic Institute has received recognition and high rankings from various organizations and publications. Here are some recent rankings:
- U.S. News Best Undergraduate Business Programmes(2022) - #47
- U.S. News Best Part-time MBA (2022) - #43
- U.S. News Best Full-time MBA (2022) - #82
- U.S. News Best Online MBA (2022) - #20
- Princeton Review Best Green MBA (2021) - #19
- Princeton Review Best MBA for Entrepreneurship (2021) - #21
- Poets&Quants Best Undergraduate Business Schools (2021) - #33
- Financial Times Top Global MBA (2021) - #82
Year
QS Ranks
US News Ranks
2023
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Facilities
The Foisie School of Business offers undergraduate, graduate, and doctoral programmes in business, management, and technology. Some of the facilities available at the Foisie School of Business include
Foisie Innovation Studio: This state-of-the-art facility is a collaborative workspace that provides students with access to cutting-edge technology, prototyping tools, and resources for design thinking and innovation.
Conference Rooms: The school has several conference rooms that are available for student and faculty use. These rooms are equipped with presentation technology and can accommodate groups of various sizes.
Financial Markets Lab: The Financial Markets Lab is a dedicated space for students to gain hands-on experience with financial software and tools, including Bloomberg terminals, stock tickers, and trading simulations.
Classrooms and Lecture Halls: The school has several classrooms and lecture halls equipped with modern technology to support student learning.
Research Centers: The school has several research centres, including the Collaborative for Entrepreneurship & Innovation, the Institute for Sustainable Enterprise, and the Healthcare Delivery Institute, that provide students with opportunities to engage in research and apply their learning to real-world problems.
Cafeteria: The school has a cafeteria that provides students with a variety of food options.
Notable Alumni
Courses
Admission
Foisie School of Business Entry Requirements
The Foisie Business School is a business school at Worcester Polytechnic Institute located in Worcester, Massachusetts. It offers undergraduate and graduate programmes in a variety of business-related fields. Students can find the application form on the official website. Below are a few entry requirements for admission
- Completed application form
- Payment of non-refundable application fee
- Evaluated and translated college/ university academic transcripts
- Bachelor's degree in a related field
- English Language Proficiency
- GRE/ GMAT Test scores (Average GMAT score - 500)
- 3 Letters of Recommendation
- Statement of Purpose
- Interview (if required)
Accepted English proficiency test scores
- TOEFL - 80
- IELTS - 6.5
- MELAB - 80
- PTE - 53
Foisie School of Business Fees
The institution offers several programmes at different levels. Listed below are the Foisie School of Business fees based on different courses
- Doctor of Philosophy [PhD] Business - $30,440 /Year
- Bachelor of Science [B.S] Business - $56,580 /Year
- Bachelor of Science [B.S] Management Engineering - $56,580 /Year
- Master of Science [M.S] Supply Chain Management - $32,374 /Year
- Bachelor of Science [B.S] Industrial engineering - $56,580 /Year
Placements
The Foisie School of Business at Worcester Polytechnic Institute (WPI) has a strong track record of placing its graduates in a variety of industries and sectors. The school has a dedicated Career Development Center that works closely with students to help them prepare for and secure job opportunities. The Foisie School of Business consistently achieves high employment rates for its graduates. According to the latest data, 95% of Foisie School of Business graduates were employed or enrolled in further education within six months of graduation.
The school's graduates have been placed in a diverse range of industries, including finance, consulting, technology, healthcare, and non-profit sectors. The school also provides students with numerous networking opportunities through its alumni network, industry events, and career fairs.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by the university as well as other organizations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the Foisie School of Business through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the Foisie School of Business. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the Foisie School of Business. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, en-suites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Worcester, Massachusetts is a small city located in central Massachusetts and is home to several universities and colleges. Living in Massachusetts can be expensive in general. However, Worcester is much cheaper than neighbouring cities like Boston. The overall cost of living in Worcester is 16% higher than the national average. Students can choose shared accommodation or housing with utilities included in the rent to save money. Below is a list of the expenses that prospective students should keep in mind
Items |
Cost |
Off-Campus Accommodation |
$1,808 |
On-Campus Accommodation |
$988 |
Transportation |
$95 |
Food Cost |
$406 |
Utility Cost |
$233 |
Entertainment |
$50 |
Groceries |
$48 |
Clothes |
$56 |
Health Insurance |
$80 |
Total Cost of Living with Off Campus Accommodation |
$2,777 |
Total Cost of Living with On Campus Accommodation |
$1,957 |
Annual Cost of Living |
$33,322 |