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Rice University – Jones Graduate School of Business - Professional MBA

Rice University Professional MBA Program Structure

The Rice University Professional MBA is a flexible program that offers an evening or weekend option to allow students to maintain their current work schedules. Students following either of the program structures must complete 54 credit hours and will complete their MBA degree in 22 months. The traditional professional MBA is held in a lock-step format. There is also an option to complete an Extended Professional MBA program, which holds classes two evenings a week during the first semester and one evening a week after that. Students in this program can extend their education for up to five years, to better accommodate their schedule.


Students in Rice University’s Evening Professional MBA program will take 12 credits in the first semester, 16.5 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 will take part in a variety of career development and academic workshop opportunities, as well as team-building exercises. They will also begin their classes.

Evening students do their Immersion in July before the first year starts and in March of the second year. Weekend students do their Immersion in July before each year starts.

Just like the full-time program, during the first year of the Professional MBA program, 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. Professional MBA students can select across the entire range of 100+ MBA electives. Although professional MBA students are not able to declare a concentration, they can cater their electives to focus on a particular academic area.

Rice University Professional MBA Rankings

  • # 1 Graduate Entrepreneurship – Princeton Review and Entrepreneur Magazine, 2020 & 2021 (over 10 years in Top 10)
  • # 2 Highest Gains in Women MBAs Over Past 5 Years, – Poets & Quants, 2020
  • # 3 Best MBA for Real Estate – Poets & Quants, 2020
  • # 5 Best MBA for Finance – Princeton Review, 2021
  • # 5 Most Competitive Students – Princeton Review, 2020 & 2021
  • # 5 Best MBA for Human Resources – Princeton Review, 2020
  • # 6 Best MBA for Consulting – Princeton Review, 2021
  • # 10 Best Classroom Experience – Princeton Review, 2021
  • # 17 Best Part-Time MBA Program – U.S. News & World Report, 2022

Class Profile

The Rice University Jones Graduate School of Business notes that 192 students are currently enrolled in its Professional MBA program. About 28% of the class are women, about 25% of the class is underrepresented minorities and 2.4% of the class are international students.

The average age of the class is 30, the average GMAT is 637, and the GPA mean is 3.3. Students typically enroll with 6.6 years of work experience.

Tuition, Scholarships, and Financial Aid

The total cost for the Rice University MBA for Professionals is $109,930 for the Evening and Evening Extended programs and $115,050 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 $2,500 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.

Rice University Professional MBA Admissions

To be considered for admission at the Jones Graduate School of Business, applicants must complete the following steps:

Complete an online application, required personal essays, a professional resume and submit official test scores to Rice University (GMAT, GRE, TOEFL, or PTE Academic). Professional MBA candidates may be eligible for a standardized test waiver. For more information, please complete the GMAT Waiver Request Form.

Applicants are also required to provide one confidential professional recommendation to the admissions office provided that the recommendation is from the applicant’s current, direct supervisor. If the recommendation is not from a current supervisor, applicants are required to submit two confidential recommendations. Applicants also need to provide official transcripts from all degree-granting institutions.

There is a $200 application fee payable online or by check.

Application deadlines are as follows:

Priority Deadline 1 November 15, 2021, 12:00 PM (noon) CT December 15, 2021
Priority Deadline 2 March 7, 2022, 12:00 PM (noon) CT April 11, 2022
Final Deadline June 15, 2022, 12:00 PM (noon) CT Rolling Decisions on Space Available Basis
(Decisions within four
to six weeks after
application is complete


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