Rice University (Jones)

Houston, TX

Part-Time MBA Overview

Average undergraduate GPA, 2023-24 enrollees	3.28
Tuition per credit, out-of-state 5%	$2,287
Size of 2022-2023 graduating class	182
Yield, 2023–24 (Matriculates/Admits)	73%
Graduation rate, 2020-23	97%
Average number of years of work experience, 2023-24 entrants	7.9
One-year retention rate, 2022-23	95%
Acceptance rate, fall 2023	92%

Rice University's part-time MBA program accepts applicants without GRE or GMAT scores if they have a terminal degree, a master's degree, or over three years of work experience. The program uses KIRA virtual assessment recordings to assess English proficiency. Applicants must submit one recommendation letter from a current or former direct supervisor or two professional recommendation letters. Graduates report a median base salary of $158,000 four months post-graduation. The application deadline is May 1.

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Online MBA Overview

Size of 2022-2023 graduating class	192
Tuition per credit, out-of-state	$2,130
Graduation rate	88%
Acceptance rate	72%

Rice University's online MBA program will waive standardized test scores if applicants have more than three years of professional full-time work experience, a terminal degree of M.D. or PhD, a master's degree in a STEM field, a professional certification of CFA or CPA, or are submitting an Executive Assessment Score at the time of application. Letters of recommendation are required. Applicants can submit just one if they use their direct supervisor or two non-direct supervisor letters. The fall 2024 deadline to apply for the MBA@Rice program is May 24. The average undergraduate GPA for fall 2023 enrollees was 3.39, and the average number of work prior experience for those same students was 7.2.

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Executive MBA Overview

Size of 2022-2023 graduating class	54
Graduation rate, 2020-23	95%
One-year retention rate, 2022-23	97%
Acceptance rate, 2023-24	96%
Total approximate cost	$145,000
Standardized testing required?	No
Yield, 2023–24	55%
Avg. # of years of mgmt. experience, 2023-24 entrants	11.0
Avg. # of years of work experience, 2023-24 entrants	18.1

Rice University (Jones) hosts classes all day on Fridays, Saturdays, and every other weekend for executive MBA students. Test scores are not required, but they may be submitted if applicants have valid GMAT, GRE, Executive assessment, or GMAT Focus scores. One recommendation from a current or former direct supervisor is sufficient for applications; otherwise, applicants will need two. The school requires students to have more than 15 years of work experience before enrolling. The fall semester application deadline is June 30.

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Traditional MBA Overview

Acceptance rate	39%
Median base salary of new grads	$156,500
Tuition per year, out-of-state	$73,500
Median GMAT	700

Rice University's Jones Graduate School of Business full-time MBA program requires one letter of recommendation and offers concentrations in energy, finance, and healthcare. International students do not need to submit English proficiency exam scores. While certain candidates might be eligible for a waiver, all applicants must submit standardized test scores. On average, there are 52 MBA students per classroom. The final deadline for fall enrollment is April 28, and the application fee is $200.

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Affordable MBA Overview

Acceptance rate	72%
GMAT requirement	Yes
Graduation rate	88%
Approx. total tuition, out-of-state	$115,020

Rice University's online MBA program waives standardized test scores for applicants with over three years of professional full-time work experience, a terminal degree (M.D. or PhD), a master's degree in a STEM field, a professional certification (CFA or CPA), or those submitting an Executive Assessment Score. Recommendation letters are required—either one from a direct supervisor or two from non-direct supervisors. The MBA@Rice program's fall 2024 application deadline is May 24. Fall 2023 enrollees had an average undergraduate GPA of 3.39 and 7.2 years of work experience This school ranks No. 7 on our main best online MBA programs list.

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The Online MBA From Rice Business

Rethink Your Approach to Business

GMAT waivers are available for the online MBA from Rice Business, ranked a Top-20 Online MBA by U.S. News & World Report. Ranked #1 in graduate entrepreneurship in the U.S. by the Princeton Review for 2024, aspiring entrepreneurs can earn their MBA in as few as 24 months.

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The Online MBA From Rice Business

Rethink Your Approach to Business

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