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2002 FULL-TIME MBA PROFILE
Rice University
Jesse H. Jones Graduate School of Management — Professional Full-time MBA

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: Jesse H. Jones Graduate School of Management Rice University anagement
PO Box 2932
Houston, TX 77252-2932
E-Mail: ricemba@rice.edu
Web site: http://www.jonesgsm.rice.edu


ENROLLMENT

2002/2003 Classes begin: Aug. 15, 2002

Year program was founded: 1974

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 523
Full-time 353
Part-time MBA students (on-campus) 0
Part-time MBA students (distance program) 0
EMBA 170
PhD program 0
 
Current total undergraduate business school enrollment 0
 
Increase in full-time students during last 12 months 9%


STUDENT PROFILE

Female students in class 34%
International students (1) 19%
Underrepresented minority (2) students 10%
Married n/a

Percent students from following regions:
Africa 1%
Asia 6%
Central/South America, Mexico 7%
Eastern Europe 0%
Middle East 3%
North America
 (Canada: 1% / U.S.: 99%)
81%
Oceania 1%
Western Europe 1%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 2%
Midwest U.S. 3%
Northeast U.S. 6%
South U.S. 5%
Southwest U.S. 55%
U.S. Possessions and territories 0%
West U.S. 9%

(1) Students from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


CLASS TRAITS

GMAT Scores
Average 630
Range (middle 80%) 590 - 670

TOEFL Scores*
Mean TOEFL score 640
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 24 - 72
Enrolled students with one year or less of work experience 5%

Student Age (years)
Average 28
Range (middle 80%) 25 - 29

Salary
Average annual pay forgone to enter program $48,000

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee (resident): $100

Application fee (non resident): $100

767 people applied to the full-time MBA program in 2002. The school accepted 39% (selectivity) of those applicants, and 63% of admitted applicants (yield) enrolled in the program.

The B-school placed n/a applicant(s) on its wait list, from which n/a ultimately enrolled in the program. 1% of applicants had applied in prior years, and of those reapplicants 38% were accepted.

Applicant Profile:
Female applicants 28%
International applicants (1) 46%
Underrepresented minority (2) applicants 8%
Applicants with one year or less work experience 10%

Interviews for MBA applicants are:
By invitation only

In 2002, the B-school interviewed 90% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $56,000
Nonresident $56,000
 
Expected monthly rent $800
Recommended annual budget (1) $50,000

Application deadline(s) Apr. 11, 2002


Rolling admissions? Yes

Financial aid deadline(s): Apr. 11, 2002

First-year MBAs:
Average financial aid package $24,830
Range (middle 80%) $2,000 - $68,224
Average first-year scholarship awards (not including loans) $3,000

Second-year MBAs:
Average financial aid package $26,506
Range (middle 80%) $500 - $78,224
Average second-year scholarship awards (not including loans) $3,000
 
Full-time MBAs receiving financial aid through B-school 70%

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Merit-based
Need-based

2 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No

Maximum amount students can borrow: $18,500

Average outstanding loans for 2002 graduates: $44,853

Financial aid web-site:
n/a

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean Gilbert R. Whitaker
Hired as of July 1, 1997
 
MBA program director Carrie Miller
 
MBA admissions director Peter Veruki
 
MBA financial aid director Julia Benz
 
MBA career services director Peter Veruki
 
Alumni relations director Deanna Sheaffer


 
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