From the School

Rice University’s Jones Graduate School of Business provides forward-thinking education for the next generation of global leaders. A top 20 school, Rice Business is committed to leadership, integrity and authenticity.

Named in honor of the late Jesse H. Jones, a prominent Houston business and civic leader, Rice Business students have the opportunity to work with the bold ideas of our faculty, cut through the complexities of the business world and make breakthroughs, both personally and professionally.

All courses are taught by a team of dedicated, nationally-recognized professors who integrate insights from their own rigorous, peer-reviewed research to help students understand topics in accounting, finance, marketing, organizational behavior and management in the context of today’s ever-changing business landscape. Learn more from our online ideas magazine, Rice Business Wisdom (ricebusinesswisdom.org), for quick articles about why our faculty’s research is relevant to the business of your daily life.

Rice Business students have the chance to:

  • live, study and play on a 300-acre wooded campus;
  • flourish in their choice of degree program, with the same top-notch faculty, in the same building, on the same campus;
  • tailor their education with over 100 electives;
  • intern anywhere in the world;
  • network with corporate giants;
  • grow with alumni mentors worldwide;
  • drive their career plans forward.
Learn more: business.rice.edu

Overview

From The School


Applicants
625
Acceptance Rate
37%
Average Undergrad GPA
3.41
Years Work Experience
5.15
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
700 - 730
GPA
3.10 - 3.73

Deadlines


Round 1
October 16

Round 2
January 5

Round 3
March 25

Other Admission Factors

Academic

GMAT Score
Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic

Interviews
Extracurricular Activities
Work Experience
Other Factors

School Type And Accreditation

School Type
Private

AACSB-approved
Yes

Selectivity Rating

Overall


Program Types

Full-Time
Yes

Part-Time
Yes

Evening
Yes

Executive
Yes

Online
Yes

Faculty Information

Student/Faculty
5:1
Total Faculty
131

53.6
Part-time
46.4
Full-time
23.5
Female


Students Say

Just as Rice University is praised by some as an "Ivy of the South," so too is their MBA@Rice program seen as every bit (if not more, according to some) as prestigious as the on-campus equivalent offered by Rice's Jones Graduate School of Business. Students stress that while the "online program curriculum is the same as their other MBA programs," and that there's a time commitment of about 15–20 hours a week, it features a far more flexible model. Between the quadmester schedule (ten weeks on, roughly three weeks off, depending on final exams and optional intensive learning experiences) and the "engaging program structure," which mixes asynchronous videos from PhD professors with live-teaching from industry experts, enrollees suggest that this may very well be "the benchmark for part-time and working individuals for the future." While a handful of students suggest they would've liked slightly longer courses, their reasoning seems to be that they just really enjoy spending time with their instructors: "I would like to keep in touch even after finishing my MBA, and connecting with folks of that caliber would not have been possible without Rice."

MBA@Rice also earns high marks for its small cohorts; with only about 15–20 participants in each class, "the program does a very good job at giving individualized attention to students." Professors aren't just "very intelligent people who have high profile jobs in the field that they teach" but also "regularly ask for feedback" that they're quick to adapt into the curriculum as needed. Moreover, "they're not only available for academic questions but also for work-related consultations." It helps, too, to have access to two different professors for each course—"two perspectives, two points of view and exposure to individuals [who are] highly acclaimed"—as well as the help of a "dedicated success advisor" and round-the-clock IT support. The technological implementation is also top-notch, with one student even likening it to Netflix with "lifetime access," as videos can be downloaded and watched (and rewatched) offline. It's convenience and reputation, all in one package.


Concentrations

Accounting
Entrepreneurship
Healthcare Administration
Finance
International Business
Marketing
MD/MBA - Dual Degree
MS/MBA - Dual Degree
Real Estate

Specialized Masters

Accounting

Center for Research

Entrepeneurship
Finance
Information Systems/Information Technology


Sustainability

Courses in Sustainability
Yes

Sustainability course is
Recommended

Description
http://business.rice.edu/About_Strategy_Environment.aspx

Research Opportunities in Sustainability
Yes

Description
As an approved independent study course.

School's environmental commitment 1:
Nanotechnology and Sustainability Venture Forum, an annual event, held in February of each year. This forum highlights breakthroughs in energy, medicine and advanced materials. http://alliance.rice.edu/RA2011_2Column.aspx?id=759

School's environmental commitment 2:
Energy & Clean Technology Venture Forum, an annual event, highlights the "Most Promising Energy and Clean Technology Companies http://alliance.rice.edu/2015_Energy_Venture_Forum/

Career Overview

From The School


Average Starting Salary
$124,798
Accepted employment by 3 months after graduation
92%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
83%
School Facilitiated
17%
Graduate Facilitated

Source Of Internship Acceptances
75%
School Facilitiated
24%
Graduate Facilitiated
1%
Unknown Facilitiated

Graduates Employed by Area of Practice

36%
Consulting
30%
Finance/Accounting
15%
Other
11%
General Management
9%
Marketing

Graduates Employed by Region

77%
Southwest
7%
Mid-Atlantic
4%
International
4%
West
3%
Midwest
2%
Northeast
2%
South

Students Say

Students who get their degree through MBA@Rice have access to Rice's "extensive network" of nearly 6,400 professionals across 59 countries and almost every state, to say nothing of one's own cohort, where you're likely to find "experienced professionals in finance, oil and gas, accounting, and engineering." There are also immersive opportunities through ILEs (intensive learning experiences) and GFEs (global field experiences) to get practical, hands-on experience, or as one put it, about spending time with business owners and executives from companies like Expedia and JBS S.A., "I found it to be one of the most insightful experiences of my academic career." Such "academically and culturally enlightening" experiences go hand-in-hand with Rice's reputation for having "one of the highest rates of employment post-MBA in the country." One thing that those who already have full-time jobs call out in particular are the "tons of career assistance and development opportunities." One specific example cited is "working with a professional leadership coach to define an individualized plan to enhance my leadership acumen," with others echoing this as they note "programs that allow for students to prepare for successful careers." Whether you're getting an edge thanks to your classmates or from connections to alumni at top companies, students are very pleased with this "networking powerhouse."

Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Consulting 36% $140,000 $135,863 $67,500 $170,000
Finance / Accounting 30% $125,000 $127,029 $25,483 $150,000
Other 15% $119,000 $112,114 $72,000 $143,900
General Management 11% $110,000 $113,864 $86,777 $145,000
Marketing / Sales 9% $103,025 $107,506 $96,000 $130,000

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Consulting 30% $145,000 $140,359 $67,500 $170,000
Financial Services 21% $150,000 $134,310 $25,483 $150,000
Petroleum / Energy 18% $118,000 $118,674 $101,050 $145,000
Technology 12% $105,000 $105,700 $72,000 $140,000
Real Estate 7% $110,000 $109,000 $90,000 $120,000
Pharmaceutical / Biotechnology / Healthcare 4% $95,889 $98,694 $73,000 $130,000
Consumer Products 3% $108,000 $109,333 $100,000 $120,000
Other 3% $100,000 $101,000 $92,000 $111,000
Manufacturing 2%

Prominent Alumni

Keith Anderson
Co-founder, Vice Chairman, and CIO of BlackRock, Inc.

Holli Ladhani
CEO & President, Select Energy Services

Douglas Foshee
Former Chairman, CEO and President, El Paso Corporation

James Turley
Retired Chairman and CEO Ernst & Young (EY)

Thomas Daniel Friedkin
CEO of the Friedkin Group

Overview

From The School


Dates

Application Deadlines
Jun 30

Financial Aid Statistics


Tuition Full-Time (per year)

Tuition (In-State)
$59,750
Tuition (Out-State)
$59,750
Fees (In-State)
$3,412
Fees (Out-State)
$3,412

Expenses per Academic Year

Estimated Room And Board On-Campus
$13,275
Estimated Room And Board Off-Campus
$13,275
Academic Expenses
$2,600

Student Body Profile

Total Full-Time Enrollment
225
Part Time
64%

In State
54.0%
Out of State
46.0%
Foreign Countries Represented
30

Demographics

17.80%
Underrepresented Minorities
29.90%
International

35% female
65% male

Campus Life

From The School

Students Say

Rice MBA students can certainly expect their social calendar to be chockfull of events. After all, there are “weekly networking parties with food and drink[s].” One student explains, “We are a small class [hence] we all have lunch together on Monday and happy hour on Tuesday [and] we also have a party every Thursday night [that’s] usually…sponsor[ed] by a company that wants to recruit on campus.” Importantly, Rice is also “extremely active with Greater Houston and partners with non-profit organizations to give back to the community.” And of course, “attending sporting events and tailgating is a regular occurrence for the business school” as well. Best of all, this “close-knit” community “welcome[s]” the spouses and children of MBA students with open arms. When it comes to their classmates, Rice Business students have nothing but kind words. The school does a fantastic job of recruiting “amazing” individuals who are destined to become “leaders” in whatever sector they pursue. And while students here hail “from all walks of life,” everyone seems to “know when to knuckle down for business.” Thankfully, they continue to display “good humor” as well. Rice MBAs are generally “happy to help each other” and an atmosphere of “congeniality” permeates the campus. As this grateful student concludes, “We are a family and have built a network to help each other over the course of our lives.”

More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

From The School



Contact
Janice Kennedy
Executive Director of Recruiting and Admissions

Address
MBA Admissions, PO Box 2932 - MS 531
Jones School
Houston, TX 77252-2932
United States

Phone
888-844-4773

Fax
+1-713-348-6147

Email
77005


Articles & Advice