PROGRAM BASICS

• • Jesse H. Jones Graduate School of Business
  • Rice MBA for Professionals
  • 6100 Main Street
  • MS 531
  • Houston, 77005, Texas
  • United States
  • Program Web site: http://business.rice.edu/MBAP/
  • E-mail: ricemba@rice.edu
• • Percentage of part-time students who graduate within six years of entering program: 99 %
  • Average months to complete program: 22
  • Maximum months permitted to complete program: 22
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? No

• Tuition per credit:

  • Resident $1,713.00
  • Non-resident $1,713.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 643
  • Full-Time MBA: 222
  • Part-Time MBA: 251
  • Executive MBA: 150
  • PhD Program: 20

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 266
  • Applications accepted, most recent entering class: 74 %
  • Admitted students enrolled: 80 %
  • Applicants wait-listed during the last admissions cycle: 4
  • Wait-listed applicants admitted for the semester to which they applied: 1
  • Applicant interviews are: By invitation only

ENTRY REQUIREMENTS

• • Rolling admissions? Yes
  • GMAT required? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool)

  • 10th Percentile 510
  • 25th Percentile 570
  • 50th Percentile (median) 630
  • 75th Percentile 680
  • 90th Percentile 710
  • Average GMAT Score 613

• GMAT score distribution (incoming class)

  • 10th Percentile 530
  • 50th Percentile (median) 620
  • 25th Percentile 580
  • 75th Percentile 680
  • Average GMAT Score 623
  • 90th Percentile 710
• • Is proficiency in English required? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • Other
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test

• Other additional English language proficiency tests accepted

  • Pearson Test of English
• • Minimum paper-based TOEFL: 600

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

CLASS PROFILE

• • Female students: 25 %
  • International students: 20 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 2 %
  • Asian American: 17 %
  • Hispanic or Latino American: 7 %
  • Native American: 2 %
  • White (Non-Hispanic): 69 %
  • Chose not to report: 3 %
  • Other: 1 %

• Postgraduate work experience (months):

  • Mean: 67
  • Median: 60
  • From: 36
  • To: 108
  • One year or less: 1 %

• Base salary of entering part-time MBA students:

  • Mean: $87,756.00
  • Median: $75,000.00

• Middle 80% range:

  • From: $50,000.00
  • To: $120,000.00

• Entering students work in the following functional areas:

  • Consulting: 5 %
  • Finance/Accounting: 22 %
  • General Management: 12 %
  • Human Resources: 1 %
  • Marketing/Sales: 11 %
  • Management Information Systems: 3 %
  • Operations/Production: 15 %
  • Other: 31 %

• Entering students work in the following industries:

  • Consulting: 1 %
  • Consumer Products: 1 %
  • Financial Services: 10 %
  • Government: 2 %
  • Manufacturing: 0 %
  • Media/Entertainment: 1 %
  • Non-Profit: 1 %
  • Petroleum/Energy: 52 %
  • Pharmaceutical/Biotechnology/Health Care: 2 %
  • Real Estate: 3 %
  • Technology: 6 %
  • Other: 22 %

• Organizations that send the most participants to the part-time MBA program:

  • 3
• • Mean age, newest entering class: 29
  • Median age, newest entering clas: 28

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Central financial aid office at the university
  • Students receiving some form of financial aid in 2011-12: 53 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Loans (private and government): 52 %
• • Mean financial aid package: $31,691.00
  • Median financial aid package: $20,500.00
  • How does an applicant apply for scholarship consideration? Part of the admissions application
  • Does school offer a guaranteed loan to all part-time MBAs? No
  • Mean outstanding debt at graduation: $66,216.00

FACULTY

• • Faculty employed by the B-school: 119

• Full-time faculty:

  • Tenured: 39
  • Non-Tenured: 18

• Adjunct/Visiting Faculty:

  • Non-Tenured: 62

• Women on Faculty:

  • Tenured: 7
  • Non-Tenured: 16

• Minority Faculty:

  • Tenured: 14
  • Non-Tenured: 11

• International Faculty:

  • Tenured: 10
  • Non-Tenured: 4

• Faculty with PhDs:

  • Tenured: 39
  • Non-Tenured: 31

STUDENT LIFE

• Active MBA specialization clubs open to part-time students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Finance
    • Human Resources
    • Marketing
    • Other
    • High Tech
    • Consulting
    • Information Technology

• Active MBA networking clubs open to part-time students:

  • • International Club
    • Black MBA Association
    • Hispanic Student Organization
    • Volunteer
    • Women in MBA
    • Other
    • Wine
• • Do part-time MBA students have their own area/center on campus? No
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 30 %
  • Experiential Learning: 10 %
  • Lectures: 30 %
  • Simulations: 10 %
  • Team Projects: 20 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 24
  • Tenured teachers in the part-time program: 38
  • Faculty also teaching in full-time program: 100 %
  • Average core class size: 52
  • Average elective class size: 28
  • Electives available: 97

• Recently added electives:

  • Strategic Operations and Supply Chain Management
  • Security Analysis
  • Corporate Talent Acquisition and Management
  • Customer Relationship Management
  • Social Media

• Concentrations and specializations offered to part-time MBAs:

  • • Other

• Additional concentrations offered:

  • Health Care Specialization Track
  • REEP - Rice Education Entrepreneurship Program
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Finance
    • Leadership
    • Strategy
    • Accounting
    • Marketing

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other: Describe in next screen
• • Other graduation requirements: Students must complete a project working with selected non-profit organizations and present results.
• • Credits required to graduate: 54

TECHNOLOGY

• • Technology improvements in the last three academic years: Installation of Flatbridge, a CRM program for tracking interactions with Jones School constituents. Installation of Digital Media displays in all common areas. Upgrade of AV equipment and wiring in classrooms, Upgrade of audio equipment and projectors in the auditorium and largest common area. Purchase of collaboration software for faculty, staff and students. Network server for data backup and storage of faculty research.

B-SCHOOL ALUMNI

• • Living MBA alumni: 4,500
  • Active MBA alumni clubs: 8
  • Countries in which MBA clubs exist: 5
  • Living MBA alumni who gave in past year: 23 %
  • Mean gift from MBA alumni: $395.00
  • Median gift from MBA alumni: $150.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business school endowment $221,953,395.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://alumni.rice.edu/
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://business.rice.edu/Alumni_Resources.aspx
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • At any time
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -This was an academically rigorous, high quality program. The professors were excellent. This was really not a part-time program, but a full-time program offered in the evening. In the second year, there was little separation between the programs, and full-time and evening students were mixed in classes. Rice does a great job of fostering community, which may be difficult in a program where many students are busy working and commuting. I have made some lifelong friends and great network contacts! I would definitely, and already have, recommended this program to trusted friends and colleagues.
    
    -More consistency is needed between the different types of part-time programs offered (Rice offers a "weeknight" and a "weekend" option, but the classes offered can be quite different).
    
    -Rice provides a high quality education with definite networking potential and great career prospects due to the Rice reputation.
    
    -I would have liked a better business government class. The professor for this class was an adjunct professor and a lobbyist, which was interesting but would have preferred a full time teacher. Same for the program Capstone class, although the adjunct professor works in the field I would have preferred a full time professor.
    
    -If they wanted to stay in Houston, then Rice MBA to me is the best option...by far. I believe you should go to school near the place where you want to work in order to take advantage of the networking and on-campus recruiting.
    
    -Increase the selectivity of students into the program and raise the tuition amount to offset the loss of revenue from those students. This program is worth more than the amount I paid in tuition.
    
    -Despite being a "professional" program, the experience felt like I was genuinely part of the school and the education and experience of the professors was unmatched.
    
    -The Career Management Center was helpful, but I think they should act more like a recruiting/search firm. In other words, if I want to work at Google, they should help facilitate that by contacting Google on my behalf, like a job recruiter might do. Otherwise, I think the program is great. Perhaps they should spend more money on hiring better adjunct/visiting faculty, but there were only a couple bad apples.
    
    -I would recommend that anyone wanting a professional MBA attend Rice over any other school. The class time is longer and more courses are offered. You are a full student and can take any class as a student or even as an alumnus.
    
    -One main area that Rice can continue to improve is the size of its alumni base. Being a somewhat newer program, the amount of Rice MBA alumnus in the workplace is smaller than other major programs but the network is more tightly connected.
    
    -Yes I would, especially Rice's program because it does a great job with improving the "soft-skills" that are good for any industry or job function, not only business. These skills include Communications/Presentations, Leadership, and Change Management. Great job with this!
    
    -More focus on career management. The career management center should have worked more closely with us from an earlier period. They were very focused on the full time students even though there are people assigned specifically to the professional and executive students.
    
    -Rice is the only school in the Houston area that allows part-time students to choose from many different electives and is still highly respected in the region.
    
    -It seemed like although we were part of the "Evening Program," we seemed to be there an awful lot of Fridays and Saturdays for classes. I believe they are changing to schedule to include a second year immersion week so that many of these Saturdays throughout the school year will be eliminated.
    
    -I had an extremely fulfilling experience from the moment I decided to apply. The staff and faculty were very responsive to all requests for help and easily accessible. The best part of the program is the prestige of the school brand in the community and the high-caliber speakers and professors it attracts. Also, alumni tend to stay very engaged and help current students through mentoring or finding jobs.
    
    -It was expensive. I'm not sure I would have been willing to absorb the cost if paying fully out of my own pocket (particularly since I was not looking for a career change).
    
    -Best return on investment of any program in town, the other ones seemed to be far-fetched, going to hotels, and not being able to have access to proper facilities, club programs, and other benefits that only a campus can offer.
    
    -The quality of the program, whether my friends are searching for a new company/career, or planning on staying with their current employer... The Rice MBA program offers fantastic networking opportunities, top quality faculty, and a Career guidance center that is willing to work with those who are seeking advancement within their current company.