Rice University – Jones Graduate School of Business

Rice University Full-Time MBA Program Structure

The Rice University full-time MBA program lasts for 22 months and features courses in finance, accounting, data analysis and marketing that build a solid foundation of fundamental business principles. Concentrations in the MBA programs are only allowed for the full-time MBA students.


The Rice University full-time MBA program features a practical learning approach that blends together a comprehensive core, an action learning project, and specialized concentrations to improve students’ strategy, leadership and creative credentials.

Rice University full-time MBA students are required to complete 60 credits for graduation. First year students in the full-time program participate in foundation courses that will build the skills required to succeed in a business management role as part of the core curriculum. During the second year of the program, students will participate strictly in elective courses. This is when students have the opportunity to focus their curriculum on a concentration for their MBA degree.

Concentrations for the full-time program include, accounting, energy, entrepreneurship, finance, global business, healthcare, management consulting, marketing, mastering creativity and innovation and real estate.

Class Profile

The Rice University full-time MBA class of 2016 featured 109 incoming students with an average GMAT score of 676 and an average GPA of 3.4. Thirty-two percent of the class was made up of women and 34 percent were international students representing 17 different countries. The majority of the class held undergraduate degrees in math, science and engineering.


The Career Management Center (CMC) at Rice University’s Jones Graduate School of Business 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. The full-time student’s career development begins even before classes start in order to prepare for the summer internship.

Upon acceptance to the MBA program, students are required to participate in a five-week online course in order to gain access to the Rice MBA On-Campus Recruiting systems. In this course, they will submit a resume, cover letter, compile company and/or industry research, and gain better networking skills, resulting in a complete portfolio of career and job search tools necessary for finding their desired internship or job post-graduation.

Tuition and Financial Aid

The projected tuition for the Rice University full-time MBA is $53,000. An enrollment deposit of $2,000 is due upon acceptance. Tuition and fees are billed in 50% increments for fall and spring. All payments may be covered by the use of personal resources, financial aid and private loans. Semester Payment Plans are also available through the Cashier’s Office.

Scholarships are only available to those applying to the Rice MBA full-time program. Rice has a limited number of scholarships available for students, which are awarded on the basis of academic merit. All admitted MBA full-time students (both international and domestic), are considered for merit-based scholarships, which can range from 10-to-100% of tuition, which may be applied toward any education-related costs. Around 82% of the most recent incoming class of full-time MBA students at Rice received some merit-based or name scholarship.

Admissions Procedures

In order to be considered for admission to the Rice University full-time MBA, applicants must complete the following steps for application:

  • Complete an online application, three personal essays, a professional resume and official test scores submitted to the Jones School (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.

Application Deadlines

The application deadlines for the Jones Graduate School of Business full-time MBA are as follows:

  • Round 1 – October 5, 2016
  • Round 2 – January 9, 2017
  • Round 3 – April 7, 2017