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2003 FULL-TIME MBA PROFILE
Rice University
Jesse H. Jones Graduate School of Management

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


Address: PO Box 2932
Houston, TX 77252-2932
E-Mail: ricemba@rice.edu
Web site: http://www.jonesgsm.rice.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 25, 2003

Year program was founded: 1974

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 557
Full-time MBA students 358
Part-time MBA students n/a
Distance learning MBA students n/a
EMBA students 199
PhD program students n/a
 
Current total undergraduate business school enrollment n/a
 
Change in full-time class size in last 12 months -11%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 28%
International students (1) 23%
Married students n/a

For U.S. schools only:
African-American students 7%
Asian-American students 15%
Hispanic-American students 2%
Native American students 1%
White (non-Hispanic) students 67%

Students from the following regions:
Africa 1%
Asia 8%
Eastern Europe, Central Europe and Central Asia 0%
Latin America and the Carribean 10%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
77%
Oceania 0%
Western Europe 3%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 2%
Midwest U.S. 2%
Northeast U.S. 4%
South U.S. 5%
Southwest U.S. 83%
U.S. Possessions and territories 0%
West U.S. 3%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 623
Range (middle 80%) 550 - 710

TOEFL Scores
Average TOEFL score 629
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 24 - 96
Enrolled students with one year or less of work experience 5%

Student Age (years)
Average 28
Range (middle 80%) 24 - 31

Salary
Average annual pay forgone to enter program $50,532



ADMISSIONS

Application fee (resident): $100

Application fee (nonresident): $100

756 people applied to the full-time MBA program in 2003. The school accepted 35% (selectivity) of those applicants, and 63% of admitted applicants (yield) enrolled in the program.

The B-school placed 105 applicant(s) on its wait list, from which 28 ultimately enrolled in the program. 3% of applicants had applied in prior years, and of those reapplicants 32% were accepted.

Applicant Profile:
Female applicants 26%
International applicants (1) 45%
Underrepresented minority (2) applicants 6%
Applicants with one year or less work experience 12%

Interviews for MBA applicants are:
Required
By invitation only

In 2003, the B-school interviewed 54% 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 $60,000
Nonresident $60,000
 
Expected monthly rent $800
Recommended annual budget (Resident) (1) $50,000
Recommended annual budget (Nonresident) $50,000

2003-2004 Application deadline(s)
All applicants: Oct. 13, 2003
All applicants: Dec. 1, 2003
All applicants: Feb. 2, 2004
All applicants: Feb. 15, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
Mar. 15, 2004
International applicants: Mar. 15, 2004
All applicants: Mar. 15, 2004

2003-2004 Financial aid deadline(s):
All applicants: Apr. 15, 2004

First-year MBAs:
Average financial aid package $5,945
Range (middle 80%) $3,000 - $15,000
Average first-year scholarship awards (not including loans) $5,945

Second-year MBAs:
Average financial aid package $6,376
Range (middle 80%) $3,000 - $24,500
Average second-year scholarship awards (not including loans) $6,376
 

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
n/a

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: n/a

Average outstanding loans for 2003 graduates: $36,032

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, Jr.
Hired as of July 1997
 
Program director Carrie Miller
 
Admissions director Peter Veruki
 
Financial aid director Julia Benz
 
Career services director Peter Veruki
 
Alumni relations director Deanna Sheaffer


 
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2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
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1996:  Second tier    
BW ranking history



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