[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.

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.

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.

[18][19] U.S. News & World Report ranked Foster's Evening MBA program 5th among public universities in 2024.

Some registered student organizations include: Some achievements of the University of Washington Business School: Arts and Entertainment Athletics Banking/Financial Beauty/Fashion Education Food Government and Judiciary Gaming Healthcare Real Estate Travel