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
- 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 deadline to apply for the MBA@Rice program is May 24 for summer admission, August 23 for fall admission.
See Full Best Online MBA Programs for 2024
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.
See Full Best MBA Programs for 2024
Executive MBA Overview
- AVERAGE NUMBER OF YEARS OF WORK EXPERIENCE
- 16.5
- GMAT REQUIREMENT
- Flexible
Rice University’s (Jones) executive MBA program waives GMAT and GRE test requirements for qualified applicants. Among incoming students, the average amount of prior work experience is 16.5 years. International students may be required to submit TOEFL scores. One letter of recommendation is required and students must complete a minimum of 54 credits hours to graduate. Currently, 122 students are enrolled in the program and applications are due by May 15.
See Full Best Executive MBA Programs for 2024
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.