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.
Overview
From The School
Rice Business considers each aspect of the application when making admissions decision. Requirements include: GMAT or GRE (GRE or MCAT for joint degree candidates); TOEFL or PTE for some international applicants; transcripts from educational institutions; resume; confidential evaluations; essays; interview (invitation only); completed application form and application fee.
U.S. applicants: four-year undergraduate degree from an accredited college or university
International applicants: undergraduate degree equivalent to a four-year U.S. degree.
Undergraduate and graduate GPAs, GMAT or GRE scores (GRE or MCAT for joint degree candidates), choice of major, electives, course load, and grade patterns are all considered.
Demonstrated leadership and management experiences, both on the job and through extracurricular activities, help assess leadership potential. At least two years of professional work experience is desired. Confidential evaluations from employers provide perspective on potential student capabilities, enabling us to assess your qualifications more accurately.
Essays articulating career goals, work experience and reasons for choosing the Rice MBA program are a crucial component of the application process and convey intangibles.
U.S. applicants: four-year undergraduate degree from an accredited college or university
International applicants: undergraduate degree equivalent to a four-year U.S. degree.
Undergraduate and graduate GPAs, GMAT or GRE scores (GRE or MCAT for joint degree candidates), choice of major, electives, course load, and grade patterns are all considered.
Demonstrated leadership and management experiences, both on the job and through extracurricular activities, help assess leadership potential. At least two years of professional work experience is desired. Confidential evaluations from employers provide perspective on potential student capabilities, enabling us to assess your qualifications more accurately.
Essays articulating career goals, work experience and reasons for choosing the Rice MBA program are a crucial component of the application process and convey intangibles.
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
From the School
Degrees Offered
Rice MBA, MBA for Executives, MBA for Professionals as well as coordinated MBAs in engineering and professional science and an MD/MBA with Baylor College of Medicine. The Ph.D., Master of Accounting and undergraduate business minor round out the degrees offered.
Academic Programs
MBA formats vary from the Full-Time, Executives (weekends), Professionals (weekends, evening or evening extended).
Faculty
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.
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
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
Finance
Information Systems/Information Technology
Specialities of Faculty
Academic specialties of faculty
URL
Entrepreneurship
Health Care
Action Learning Project
Communications
Accounting
Marketing
Organizational Behavior
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
The business school's Career Development Office offers carefully tailored resources for students and alumni. Located in McNair Hall, the office is staffed by dedicated career experts focused on helping job seekers find the right companies. We believe that hiring a Rice MBA graduate means more than simple talent acquisition for our recruitment partners – we see the optimal relationship as a long-term engagement fostering the flow of world-class talent to top companies that benefits both graduates and their employers.
The Career Development Office provides group workshops and works individually with students to ensure they develop the strategy, job search skills, and networking opportunities that will help them succeed in the professional MBA job market. The full-time student's career development begins even before classes start in order to prepare for the summer internship
The Career Development Office provides group workshops and works individually with students to ensure they develop the strategy, job search skills, and networking opportunities that will help them succeed in the professional MBA job market. The full-time student's career development begins even before classes start in order to prepare for the summer internship
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
Tuition for the full-time program for the 2016-2017 academic year is $53,000. The total two-year tuition for the MBA for Professionals program for students beginning in fall 2016 is $98,500 (evenings) or $102,000 (weekends). The total two-year tuition for the MBA for Executives program for students beginning in fall 2016 is $115,000.
Over 82 percent of students attending the Full-Time MBA program receive merit-based scholarships. Rice University's Office of Student Financial Services also administers a variety of federally and privately funded loan programs. Rice Business has over 40 distinct, named, merit-based scholarships, including the James W. Crownover Scholarship, The Military Scholars Program and The McNair Scholars Program.
We are thrilled to support military veterans who are making a transition to civilian life after serving our country. This support encompasses scholarships, extensive funding of the Post 911 Yellow Ribbon Program, access to our renowned Veterans in Business Association (VIBA), along with a network of alumni and community members who support our military veterans. Rice Business has been designated a 2016 Military Friendly school by Victory Media.
Over 82 percent of students attending the Full-Time MBA program receive merit-based scholarships. Rice University's Office of Student Financial Services also administers a variety of federally and privately funded loan programs. Rice Business has over 40 distinct, named, merit-based scholarships, including the James W. Crownover Scholarship, The Military Scholars Program and The McNair Scholars Program.
We are thrilled to support military veterans who are making a transition to civilian life after serving our country. This support encompasses scholarships, extensive funding of the Post 911 Yellow Ribbon Program, access to our renowned Veterans in Business Association (VIBA), along with a network of alumni and community members who support our military veterans. Rice Business has been designated a 2016 Military Friendly school by Victory Media.
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
Rice Business has 35 student clubs with 144 officer positions and more than 130 events annually.
Rice Business Board Fellows places MBA students on local nonprofit boards.
M.A. Wright Fund is a student-run fund where students learn, develop, and apply effective stock analysis and portfolio management risk and return techniques. The Rice Business Plan Competition is the largest and richest graduate-level business plan competition in the world. Week on Wall Street is a New York City trip where students meet with alumni, recruiters and business professionals at banks and other financial services institutions.
Silicon Valley Trek is a trip where students meet with entrepreneurs, venture capitalists and alumni.
Jones EdGE is an intersession abroad during winter, spring and summer breaks.
Rice Business Board Fellows places MBA students on local nonprofit boards.
M.A. Wright Fund is a student-run fund where students learn, develop, and apply effective stock analysis and portfolio management risk and return techniques. The Rice Business Plan Competition is the largest and richest graduate-level business plan competition in the world. Week on Wall Street is a New York City trip where students meet with alumni, recruiters and business professionals at banks and other financial services institutions.
Silicon Valley Trek is a trip where students meet with entrepreneurs, venture capitalists and alumni.
Jones EdGE is an intersession abroad during winter, spring and summer breaks.
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
Campus and Location
Rice University is on a 300-acre, tree-lined campus in Houston, Texas, the fourth largest city in the U.S.
Minutes from downtown and the city's world-class theater district, the campus sits across the street from the renowned Texas Medical Center and within walking distance to the museum district, the zoo, Hermann Park and a short train ride to all the major sports arenas.
Minutes from downtown and the city's world-class theater district, the campus sits across the street from the renowned Texas Medical Center and within walking distance to the museum district, the zoo, Hermann Park and a short train ride to all the major sports arenas.
Facilities
McNair Hall is the 167,000-square-foot home of Rice Business. Centrally located on campus, it houses a state-of-the-art finance center; tiered, high-tech classrooms; a 450-seat auditorium; multiple break-out rooms; a Student Program Office with a dedicated team to assist students with all academic, leadership and social initiatives throughout the MBA experience, and a Career Management Center that supports each student's development of a career plan throughout their time in the program and also serves alumni.
Contact
Janice Kennedy
Executive Director of Recruiting and Admissions
Executive Director of Recruiting and Admissions
Address
MBA Admissions, PO Box 2932 - MS 531
Jones School
Houston, TX 77252-2932
United States
Jones School
Houston, TX 77252-2932
United States
Phone
888-844-4773
Fax
+1-713-348-6147
Email
77005
