

Masters of Business Administration
- Private University
Jones Graduate School of Business
Masters of Business Administration at Rice University Overview
Rice University offers Masters of Business Administration at PG level. The course can be pursued for a duration of 2 years. It is among the top-ranked courses in the country.
To be eligible for the course, the students must fulfil the eligibility criteria, which includes valid score in exams such as IELTS, TOEFL, PTE, GMAT and GRE.
The Rice University tuition fee for Masters of Business Administration for the first year is USD 63,500. Additionally, the students also have to make budget for the other costs, including rent, hostel fees, food, books, supplies, utilities, etc. The average Rice University cost of living is USD 14,800.
Duration | 2 years |
Tuition & Fees | ₹56.34 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
- Class Profile
Masters of Business Administration at Rice University Fees
When planning for the Masters of Business Administration at Rice University, applicants should consider the financial aspects involved. Every student must pay the first-year tuition fee of USD 63,500. Additionally, it is also important to account for living expenses such as accommodation, food, and utility costs. Such expenses may vary according to living styles and other fees added by the Rice University. However, accordingly to the official website, the average cost of living that international students have to bear is USD 14,800, annually.
To know about the complete breakdown of the Rice University Masters of Business Administration fee structure and all other cost-element-wise expenditures for an elaborate cost overview, please refer to the table below.
Fees components | Amount (for 1 year) |
---|---|
Tuition & fees | INR 56,34,355 |
Fees components | Amount (for 1 year) |
---|---|
Hostel & Meals | INR 13,13,204 |
Insurance | INR 2,35,135 |
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Masters of Business Administration at Rice University Entry Requirements
- No specific cutoff mentioned
- CGPA - 3/4
- Applicants must have a bachelor degree equivalent of a U.S. four-year degree

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Out of 10
- Marks - 90/120
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Out of 10
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- Marks - 7/9
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- No specific cutoff mentioned
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Masters of Business Administration at Rice University Frequently Asked Questions
The application fee for the MBA program at Rice University is USD 150. However, if the applicant submits his application form for the Early priority deadline, he or she will have their application fee waived. For applicants who submit their application form by the priority deadline, the application fee is waived to USD 50.
Below are the requirements for MBA course at Rice University.
LOR: MBA programs ask for a 3 LOR, and with particular exceptions, who should write those letters. The University asks for 2 LORs from former supervisor and 1 from the current direct supervisor.
Statement of purpose (an SOP): 2 SOP is essential for the application process for Rice University. It helps the applicant to convey their talents, Academic excellence accomplishments and personal background of applicants. The University totally believes that every person has a story to tell and below are the two questions which are supposed to be answered by its applicants in the form of SOP:
Essay 1: Rice is a community of curious thinkers, passionate dreamers and energetic doers who believe that improving the world demands more than bold thought and brave action. It takes unconventional wisdom. What does unconventional wisdom mean to you?
Essay 2: In the Rice MBA classroom, you will encounter a diverse and inclusive environment. What will you bring to the classroom that is uniquely you?
- Essay 3 (Optional Essay): If you have any additional information for the admissions committee or if you wish to clarify any aspect of your application (including breaks in employment, your choice of recommendation providers, your past academic performance, etc.), you may submit an additional, optional essay. (Page limit: One page, bullet points allowed.)
Transcripts and degrees: MBA applicants must provide the university with transcripts of their academics with degree certificates. Similarly, applying for PhD or doctoral programme may require a master’s degree and transcripts from all graduate institutions of the applicant.
English Language Proficiency exams: The following table explains the minimum score of each English exam the university is accepting:
English Language proficiency | Minimum score |
---|---|
IELTS | 7 and above in all bands |
TOFEL | 90 and above |
Duolingo English Test | 115 and above |
Entrance exam: MBA applicants might need a GRE (Graduate Record examination). GMAT, exam. However, if the applicant has the below requirements, the GMAT or GRE can be waived off for the MBA aspirants at Rice University:
Masters in STEM field
3+ years of work experience
Applicants can submit an executive assessment score at the time of application
Proffesional certification of CFA or CPA.
Resume/CV: The University might also ask you for a CV or a resume, depending on the course you choose for professional experience.
International students must pay an application fee of USD 75 each for undergraduate and USD 85 for graduate programs. The application amount is non-refundable if the students don’t get selected. A few professional programs may have different application fees depending on the course type. For instance, the Rice full-time MBA program charges USD 150 as an application fee.
Rice University was founded in 1912 as a private university and is located in Houston, Texas, USA. It is known to be one of the leading research universities in the USA as it focuses on providing high quality undergraduate education, unsurpassed teaching, and has worked on creating a diverse community or learning and discovery for the students.
Rice University has been ranked at #9 for being in the Top Schools for Resources and the same rank for being one of the Best Colleges in the Nation.
Rice University is among the top choices of Indian students to continue higher education in the USA. Rice offers a wide range of programs at undergraduate and postgraduate levels for its Indian students. Rice University tuition fee can vary from program to another. Rice average tuition fee for undergraduate program starts from INR 49.84 L. Additionally, for graduate program the tuition fee ranges from INR 28.29 L - 54.44 L. Check the table listed below for Rice University top programs along with their first-year tuition fee and eligibility requirements:
Courses | 1st Year Tuition Fees | Duration & Eligibility |
---|---|---|
MS(26 courses) | INR 30 L - 54 L | Duration: 10 months-2 years Exam Accepted: IELTS: 7 & Above, TOEFL: 90 & Above, Duolingo: 115 & Above, GRE, GMAT, PTE |
MBA/PGDM(12 courses) | INR 48 L - 54 L | Duration: 10 months-2 years Exam Accepted: IELTS: 7 & Above, TOEFL: 90 & Above, Duolingo, GMAT, GRE, PTE |
M.Arch(1 course) | INR 28 L | Duration: 30-42 months Exam Accepted: GRE, IELTS: 7 & Above, TOEFL: 100 & Above, Duolingo |
M.A.(1 course) | INR 33 L | Duration: 2 years Exam Accepted: IELTS: 7 & Above, TOEFL: 90 & Above, Duolingo |
B.E. / B.Tech(2 courses) | INR 50 L | Duration: 4 years Exam Accepted: IELTS: 7 & Above, TOEFL: 100 & Above, Duolingo |
Masters of Business Administration at Rice University Application Process
- Unofficial transcripts of all degree-granting institutions
- Official GMAT/GRE scores
- TOEFL/IELTS/PTE scores
- Financial statement required
- Students can pay their fees in four equal installments
- If students choosing to pay tuition and fees in monthly installments should enroll in a Deferred Payment Plan
Masters of Business Administration at Rice University Rankings
Rank | Rank Publisher |
---|---|
#89 | |
#9 | |
#25 |
Masters of Business Administration at Rice University Placements
Particulars | Statistics (2021) |
---|---|
Average Salary | USD 1.31 Lakh |
% Batch placed | 92 |
Internship Available | Yes |
Masters of Business Administration at Rice University Students also asked
Rice University is one of the best universities for higher education in the United States. The university offers best degree programs at undergraduate and postgraduate levels. Rice University tuition fee may vary from one programme to another. For undergraduate programs, international students can apply via Common Application Portal. On the other hand, international students can apply for graduate programs through University Official Portal or Common Application Portal. Rice University tuition cost for international students are listed below:
Course level | Annual Tuition Fee in INR |
---|---|
UG | INR 49.84 L |
PG | INR 28.29 L - 54.44 L |
The annual tuition fees for undergraduate and postgraduate courses overall at Rice University are given as follows:
Course level | Annual Tuition Fee in INR |
---|---|
UG | INR 48.62 L |
PG | INR 27.6 L - INR 53.11 L |
The first-year tuition fees for top UG and PG courses at Rice University are given as follows:
Courses | 1st Year Tuition Fees |
---|---|
MS (24 courses) | INR 29 L - INR 50 L |
MBA/PGDM (12 courses) | INR 47 L - INR 53 L |
BE/BTech (2 courses) | INR 49 L |
MIM (2 courses) | INR 47 L - INR 49 L |
MA (1 course) | INR 33 L |
MIM3 (1 course) | INR 28 L |
Rice has a 6:1 undergraduate student-to-faculty ratio which means they prioritize focusing on each and every student's needs. Also, Rice supports students intellectually, emotionally, and culturally through social events, lecture series, and courses. It is known for offering the best quality of life to students among private universities. Rice is a top-ranked research university that focuses on transforming students’ lives.
The rankings of the universities will show which tier they belong to and what they are known for. The comparative rankings of Rice University, Carnegie Mellon, and the University of Chicago are given as follows:
Year | Rice University | Carnegie Mellon University | University of Chicago |
---|---|---|---|
2020 | 85 | 48 | 10 |
2021 | 89 | 51 | 9 |
2022 | 94 | 53 | 10 |
2023 | 100 | 52 | 10 |
2024 | 145 | 52 | 11 |
The Reading, Listening, and Writing sections of all IELTS exams are said to be easy and tricky. The IELTS Writing test is one of the most difficult sections of the IELTS exam. If you’re applying for Rice University, you must remember minor details like spelling and punctuation while preparing for the IELTS Writing. IELTS Speaking is one the highest scoring modules of the IELTS test. Following a certain strategy can score a desired band in speaking for Rice University.
Rice UniversityStudents Ratings & Reviews
- 100% students never faced discrimination in this university
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Masters of Business Administration at Rice University Highlights
- Rice Full-Time MBA program was specifically designed for those looking for a major transition and our students develop the quantitative chops and workplace skills employers are hungry for
- The Rice MBA graduates are known in the marketplace for broad problem-solving skills, reflecting a curriculum grounded in quantitative and data-analytic methodologies across the disciplines
- Concentrations include:
- Energy
- Entrepreneurship
- Finance
- Health Care
- Marketing
- Operations Management
- Real Estate
- Strategic Management
Masters of Business Administration at Rice University Scholarships
Class Profile
Average class profile for this course | |
---|---|
Work Experience | 5 Years |
Bachelors GPA / Percentage | 3.51 |
GMAT Score Average | 705 |
Percentage of International Students | 39% |
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