Rice University – Jones Graduate School of Business
Rice University MBA for Professionals Program Structure
The Rice University MBA for Professionals is technically a part-time program, but has a strenuous curriculum that is more akin to a full-time program. The MBA for Professionals is a flexible program that offers an evening or weekend option to allow students to maintain their current work schedules. The evening program holds classes on Monday and Wednesday evenings from 6:15 p.m. to 9:30 p.m., approximately two Thursdays, five Fridays, and nine Saturdays over the course of the program. The weekend structure classes are held on alternating weekends. Friday classes are held from 4 p.m. to 9:30 p.m. and Saturday classes are held from 7:30 a.m. to 6:30 p.m. Students following either of the program structures must complete 54 credit hours and will complete their MBA degree in 22 months.
Students in Rice University’s Evening Professional MBA program will take 13.5 credits in the first semester, 15 credits in the spring of the first year, 12 credits in the fall of the second year and 13.5 credits in the spring of the second year. Students in the Weekend Professional MBA program will take 14.25 credits in the first fall semester, 13.5 in the first spring, 14.25 credits in the second fall semester and 12 credits in the last spring semester.
Both program structures feature two mandatory six-day Immersions. Students start some required academic coursework during these Immersions. In addition, they will participate in a series of academic boot camps, career and professional development workshops, and team-building workshops and activities.
For those in the Evening option, Immersion takes place in August before the start of the first year and in March during the second year. For those in the Weekend option, Immersion takes place in August prior to the start of each year.
Just like the full-time program, during the first year of the Rice University MBA for Professionals, students will participate in the core courses required to build a foundation in business and management and the second year will feature student selected electives. Students in the Professional MBA program at Rice are not entitled to complete a concentration.
The 2016 Professional MBA program class consists of 165 incoming students. Fifty-nine of those students participated in the weekend structure and 106 participated in the evening program structure. The average GMAT score of students in this class was 629, with an average 3.3 GPA. Students had an average work experience of just less than six years and earned on average of $93,258. There were 122 different companies represented in this class.
Rice University MBA for Professionals students have the same access to the MBA Career Management Center as the full-time MBA program students. The Career Management Center (CMC) at Rice serves to support each student’s development of a career plan throughout their two years. The CMC provides group workshops and works individually with students to ensure they develop the strategy, job search skills, and networking opportunities that will help them succeed in the professional MBA job market.
Tuition and Financial Aid
The current tuition cost is $98,500 for the Evening program and $102,000 for the Weekend program. The tuition covers the complete 22-month schedule of coursework and is billed in 25% increments over four semesters. An enrollment deposit of $2,000 is due upon acceptance and will be applied toward your first semester bill. Many students supplement their tuition costs through company financial support. Students may also cover tuition costs with Federal Financial Aid, Federal Student Loans and private loans.
In order to be considered for admission at the Jones Graduate School of Business, applicants must complete the following steps:
- Complete an online application, three personal essays, a professional resume and official test scores submitted to Rice University (GMAT, GRE, TOEFL or PTE Academic).
- Applicants are also required to provide one confidential evaluation submitted to the admissions office provided that this one evaluation is from the applicant’s current, direct supervisor. If this one evaluation is not from a current supervisor, applicants are required to submit two confidential evaluations. Applicants also need to provide official transcripts of all degree-granting institutions.
- There is a $125 application fee payable online or by check.
The application deadlines for the Rice University MBA for Professionals are:
- Target #1 – October 5, 2016
- Target #2 – January 9, 2017
- Target #3 – April 7, 2017
- Final Deadline – June 5, 2017
Admissions for the Professional MBA program at Rice are conducted on a rolling basis. Admissions decisions should take approximately four to six weeks upon completion of your application.