Online MBA Overview
- ACCEPTANCE RATE, FALL 2023
- 72%
- AVG. # OF YEARS OF WORK EXPERIENCE, FALL 2023 ENROLLEES
- 7.2
- AVG. UNDERGRADUATE GPA, FALL 2023 ENROLLEES
- 3.39
- CREDITS REQUIRED TO GRADUATE
- 54
- GMAT REQUIREMENT
- Yes
- GRADUATION RATE, 2020-23
- 88%
- ONE-YEAR RETENTION RATE, 2022-23
- 89%
- SIZE OF 2022-2023 GRADUATING CLASS
- 192
- TUITION PER CREDIT, OUT-OF-STATE
- $2,130
- YIELD, FALL 2023 (MATRICULATES/ADMITS)
- 60%
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.
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The Online MBA From Rice Business
Traditional MBA Overview
- ACCEPTANCE RATE
- 43%
- AVERAGE GMAT
- 702
- ENROLLED
- 327
- GMAT REQUIREMENT
- Yes
- MEDIAN BASE SALARY OF NEW GRADS
- $140,000
Rice University (Jones) candidates must submit a GMAT or GRE score, although test waivers are possible. The school requires one letter of recommendation if it is from a direct or former supervisor; otherwise students must submit two. Incoming students had an average GMAT score of 702 in 2022, with an acceptance rate of 43%. A TOEFL score is not required for international students. Graduates from Rice’s full-time MBA program earn a median base salary of $140,000.
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Executive MBA Overview
- ACCEPTANCE RATE, 2023-24
- 96%
- AVG. # OF YEARS OF MGMT. EXPERIENCE, 2023-24 ENTRANTS
- 11.0
- AVG. # OF YEARS OF WORK EXPERIENCE, 2023-24 ENTRANTS
- 18.1
- GRADUATION RATE, 2020-23
- 95%
- ONE-YEAR RETENTION RATE, 2022-23
- 97%
- SIZE OF 2022–2023 GRADUATING CLASS
- 54
- STANDARDIZED TESTING REQUIRED?
- No
- TOTAL APPROXIMATE COST
- $145,000
- YIELD, 2023–24
- 55%
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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Part-Time MBA Overview
- ACCEPTANCE RATE, FALL 2023
- 92%
- AVERAGE NUMBER OF YEARS OF WORK EXPERIENCE, 2023-24 ENTRANTS
- 7.9
- AVERAGE UNDERGRADUATE GPA, 2023-24 ENROLLEES
- 3.28
- GRADUATION RATE, 2020-23
- 97%
- ONE-YEAR RETENTION RATE, 2022-23
- 95%
- SIZE OF 2022-2023 GRADUATING CLASS
- 182
- TUITION PER CREDIT, OUT-OF-STATE 5%
- $2,287
- YIELD, 2023–24 (MATRICULATES/ADMITS)
- 73%
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.