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The Jesse H. Jones Graduate School of Business at Rice University

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) April 5
Application deadline (international students) April 5
Application fee $125

Admissions & Enrollment (Full-time)

Acceptance rate 25.2% - Low
Average age of new entrants 28
Average undergraduate GPA 3.40 - High
Undergraduate GPA range (10th-90th percentile) 2.9-3.8
Entrants providing undergraduate GPA 112
Average GMAT score 673 - High
GMAT range (10th-90th percentile) 600-740
Students with prior work experience 110
Average work experience (months) 58

Admissions & Enrollment (Part-time)

Acceptance rate 74.1%
Average age of new entrants 29
Average undergraduate GPA 3.32
Undergraduate GPA range (10th-90th percentile) 2.79-3.91
Entrants providing undergraduate GPA 156
Average GMAT score 623
GMAT range (10th-90th percentile) 530-710
Students with prior work experience 155
Average work experience (months) 67

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 600 paper test
100 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)
Full-time program
Students must thrive in an academically rigorous setting that values intellectual exchange. Leadership and management experiences, confidential evaluations, two essays on career goals, work experiences and accomplishments are evaluated. Equally important, are GPAs, selected major, electives, GMAT and TOEFL scores. Applicants may be invited to interview after submission of a complete application
Executive program
Executive candidates must possess a strong desire to learn and the ability to meet the program's time and intellectual demands. Ten years of work experience, undergraduate degree, GMAT (waived with graduate degree), TOEFL scores, 2 confidential evaluations, a professional resume and 2 essays are required. Exceptional applicants with less than 10 years of work experience may be considered.
Part-time program
Applicants must demonstrate academic aptitude, quantitative analytical skills, management potential and diverse work experiences. Confidential evaluations, two essays on career goals, work experiences and accomplishments are evaluated. GPAs, selected major, electives, GMAT and TOEFL scores are reviewed. Applicants may be invited to interview after submission of a complete application.
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Melissa Blakeslee
Full-time program phone (888) 844-4773
Full-time program E-mail ricemba@rice.edu
Full-time program website http:/​/​business.​rice.​edu/​MBA_FullTime.​aspx
Executive program phone (713) 348-6060
Executive program E-mail oed@rice.edu
Executive program website http:/​/​business.​rice.​edu/​MBAE.​aspx
Part-time program phone (888) 844-4773
Part-time program E-mail ricemba@rice.edu
Part-time program website http:/​/​business.​rice.​edu/​MBAP.​aspx
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A
 

Business School Academics

Program Offerings

(8) Departments/concentrations
accounting general management
consulting international business
entrepreneurship marketing
finance other
Departments with highest M.B.A. demand accounting, consulting, entrepreneurship, finance, marketing
Types of M.B.A. programs offered full-time traditional two year, part-time evenings and weekends, traditional executive MBA
Joint programs available engineering, healthcare (medicine), Science

Curricula Descriptions

(Data appear as originally submitted by this school)
Full-time program
Taught on weekdays, the 22 month program requires 60 credits to graduate and is best described as 'total immersion'. Rigorous core courses, participation in a 10 week team-based Action Learning Project (ALP) and summer internships make up year one. Course loads in year two are composed entirely of electives and students may select 1 or 2 functional and cross-functional areas of concentration.
Executive program
The Rice MBA for Executives focuses on career acceleration. Classes meet on alternating weekends over 22 months and graduation requires 57 credits. Each semester comprises 2 terms with an Intensive Learning Weekend (ILW) in-between. The program while small enough to provide individual attention,offers twice the elective classes found elsewhere. The same faculty teach in all the MBA programs.
Part-time program
Designed for working professionals, the Rice MBA for Professionals meets 2 evenings a week or on alternating weekends over 22 months. The core curriculum provides the student with a solid business foundation. Students take a minimum of 8 electives based on career goals with 54 credits required for graduation. The same faculty teach in all the MBA programs.
Part-time distance learning program N/A
 

Business School Ranking

#25 Best Business Schools

(2) Ranking by Specialties

#14 in Entrepreneurship
#21 in Part-time M.B.A.

Business Ranking Scores

These data apply only to full-time students.

Score 64
Peer assessment score (out of 5) 3.4
Recruiter assessment score (out of 5) 3.1
Acceptance rate 25.2% - Low
Average starting salary and bonus $108,175 - High
Average undergraduate GPA 3.40 - High
Average GMAT score 673 - High
Full-time graduates employed at graduation 73.2% - High
Full-time graduates employed three months after graduation 91.8% - High
Enrollment (full-time) 222
 

Business School Student Body

Student Body (Overall)

Enrollment 472

Student Body (Full-time)

Enrollment (full-time) 222
Minority students 30.6%
International students 23.0%

Student Body (Part-time)

Enrollment (part-time) 250
Minority students 26.0%
International students 13.6%
 

Business School Cost

Financial Aid Contact Information

Financial aid director N/A
Financial aid phone (713) 348-4958

Expenses

Tuition
Full-time: $44,000 per year
Part-time: $92,500 total program
Required fees $2,482 per year
Room and board, books, and miscellaneous expenses $28,223
Average indebtedness of 2011 graduating class $55,037

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships N/A
Research assistantships N/A
International students eligible for college-funded aid Yes
High
Career and Salary Statistics

Business School Career and Salary Statistics

Rice University has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 124
Full-time graduates known to be seeking employment 97
Full-time graduates employed at graduation 73.2% - High
Full-time graduates employed three months after graduation 91.8% - High

Base Salary: Overall

Total reporting base salary 71
Low base salary $75,000
Average base salary $96,867
High base salary $180,500

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $75,000
Average base salary: U.S. citizens $95,945
High base salary: U.S citizen $125,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $78,000
Average base salary: Foreign nationals $100,147
High base salary: Foreign nationals $180,500

Signing Bonus: Overall

Total reporting signing bonus 50
Low signing bonus $3,500
Average signing bonus $16,058
High signing bonus $60,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $3,500
Average signing bonus: U.S. citizens $14,552
High signing bonus: U.S. citizens $55,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $5,000
Average signing bonus: Foreign nationals $20,346
High signing bonus: Foreign nationals $60,000

Other Compensation: Overall

Total reporting other compensation 8
Low other compensation $3,600
Average other compensation $44,913
High other compensation $100,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens N/A
Average other compensation: U.S. citizens N/A
High other compensation: U.S. citizens N/A

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals N/A
Average other compensation: Foreign nationals N/A
High other compensation: Foreign nationals N/A

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
Number reporting marketing/sales jobs 8
Marketing/sales low salary $75,000
Marketing/sales average salary $88,573
Marketing/sales high salary $103,000
Number reporting operations/production jobs N/A
Operations/production low salary N/A
Operations/production average salary N/A
Operations/production high salary N/A
Number reporting general management jobs 5
General management low salary $87,500
General management average salary $92,500
General management high salary $97,500
Number reporting finance/accounting jobs 50
Finance/accounting low salary $78,000
Finance/accounting average salary $98,421
Finance/accounting high salary $180,500
Number reporting management information systems (MIS) jobs 4
Management information systems (MIS) low salary $80,000
Management information systems (MIS) average salary $85,667
Management information systems (MIS) high salary $90,000
Number reporting consulting jobs 16
Consulting low salary $75,000
Consulting average salary $98,420
Consulting high salary $125,000
Number reporting human resources jobs 3
Human resources low salary $80,000
Human resources average salary $86,750
Human resources high salary $93,500
Number reporting having jobs in other areas 3
Other occupations low salary N/A
Other occupations average salary N/A
Other occupations high salary N/A

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
Number reporting manufacturing jobs 4
Manufacturing low salary $86,250
Manufacturing average salary $96,250
Manufacturing high salary $110,000

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 4
Northeast low salary $80,000
Northeast average salary $91,667
Northeast high salary $100,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 2
Middle Atlantic low salary N/A
Middle Atlantic average salary N/A
Middle Atlantic high salary N/A
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 1
South low salary N/A
South average salary N/A
South high salary N/A
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 5
Midwest low salary $87,000
Midwest average salary $93,200
Midwest high salary $100,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 70
Southwest low salary $75,000
Southwest average salary $96,001
Southwest high salary $125,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 2
West low salary N/A
West average salary N/A
West high salary N/A
Number reporting jobs located internationally 5
International low salary N/A
International average salary N/A
International high salary N/A
 


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