Rice University – Jones Graduate School of Business - Full-Time MBA

Rice University Full-Time MBA Program Structure

Rice University’s Full-Time MBA is a two-year program designed for students looking to transform their careers and develop the quantitative chops and workplace skills that employers want.

Curriculum

Rice University full-time MBA students are required to complete 60 credits for graduation.

In the first year, students embark on the Global Field Experience (GFE), a hands-on international project that’s part of the core curriculum. This immersive course provides valuable global consulting experience, setting students up to become effective global business leaders. Working in small teams, students tackle real business challenges for local companies and non-profits, gaining practical insights and making a meaningful impact.

During the second year of the program, students can tailor their MBA journey to their career aspirations by choosing from a wide array of electives. Popular electives include Managing Energy Transitions, The New Enterprise, Corporate Rivalry, genAI: Strategy and Innovation, and Scandals and Reputation Management.

Specializations for the Full-Time program include accounting, energy, entrepreneurship, finance, healthcare, leadership, marketing, operations management, real estate and strategic management. The MBA program also has a STEM designation.

Full-Time MBA Rankings

• #1 Best MBA in Texas – (based on global rankings) Financial Times, 2024
• #1 Graduate Entrepreneurship Program – Princeton Review and Entrepreneur magazine, 2020, 2021, 2022, 2023, 2024
• #21 Best MBA in the U.S. – (based on global rankings) Financial Times, 2024
• #19 Best Full-Time MBA Program in the U.S. – Bloomberg Businessweek, 2023-2024
• #29 Best MBA Program – U.S. News and World Report
• #24 Best MBA Program – Fortune, 2024
• #5 Best MBA for Finance – Princeton Review, 2023, 2024

Class Profile

Full-Time MBA enrollment is 166 students. 36% of the full-time class are women, 30% are underrepresented minority students and 42% are international students. These students earned an average GMAT score of 702, a GPA of 3.46 and their average work experience is five years. These figures are based on a three-year average.

Career Statistics

The most recent graduating class received an average base salary of about $150,000. An important part of business school is the return on investment (ROI). Even without a tuition break, the ROI of a two-year business education gives a lifetime salary ROI of 20%. Students accepted jobs in three industries in nearly equal percentages: consulting claimed 26%, followed by technology at 20% and financial services at 19%. Around 12% of students went into the energy field after graduation, and just over 7% went into healthcare. 94% accepted offers within three months of graduation, and 100% of first-year MBA students landed an internship.

Tuition, Scholarships, and Financial Aid

The projected two-year tuition for the Rice Business Full-Time MBA program is $147,000. Students will submit an enrollment deposit of $2,500 upon acceptance applied toward fall semester tuition costs. All payments are eligible to be covered by financial aid and private loans. Semester payment plans are also available through the cashier’s office.

Merit-based scholarships are available to those applying to the Full-Time MBA program. All students are automatically considered for a scholarship. Over 75% of the most recent incoming class of full-time students received some merit-based or name scholarships with the average award covering over 50% of tuition costs.

Admissions

To be considered for admission to the Rice Business Full-Time MBA Program, applicants must complete the following steps for application:

Complete an online application, required personal essays, and a professional resume.

You must also submit a standardized test score for admission to the program (GMAT or GRE).

You’ll need to submit one confidential, professional recommendation from a current or previous supervisor. If you don’t have one from your supervisor, you should submit two confidential recommendations highlighting your professional abilities.

There is a $200 application fee payable online or by check.

Class of 2027 Full-Time MBA Application Deadlines

*The Round 4 deadline is for domestic candidates only (U.S. citizens or permanent residents).

Consortium Application Deadlines

Rice Jones Full-Time MBA FAQ’s

Who recruits at Rice Business?

Employers who recruit include Google, Amazon, EY, Goldman Sachs and ExxonMobil, among many others.

What MBA programs are available at the Jones Graduate School of Business besides the Full-Time program?

The school has a Professional MBA (evening and weekend options), Executive MBA, Online MBA and Hybrid MBA.

Is the same degree granted in each MBA program?

Yes, all students in our different MBA formats receive the same Rice MBA degree.

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