Rice University Placements: Job Opportunities & Placement rate, Packages ,Houston,USA

Aishwarya Bhatnagar

MBA at Rice University is a highly ranked course which gains recognition from Princeton for being #1 in offering Graduate Entrepreneurship Program, while US News ranks MBA at Rice at #26 for the Best Graduate Business School. Undoubtedly, with higher rankings and recognition, Rice MBA graduates get placement offers before graduating or within 3 months of graduation.  

As per MBA’ 21 at Rice, placement rate was recorded at 92% with the highest salary of USD 170,000 annually. The passing out batch set a benchmark for other schools at Rice, with the highest average salary of USD 131,384 and median salary of USD 135,000. 

Check: Study Guide to USA for International Students: Admissions, Eligibility, Cost of Living & Jobs

Rice University MBA’ 21 Placement Highlights 

Placement Rate 

92% 

Average signing bonus 

USD 26,529 

Jobs accepted within Rice business network 

78% 

Average base salary 

USD 131,384 

Median salary 

USD 135,000 

Highest salary 

USD 170,000 

Permanent authorization job offers 

67 

Non-permanent authorization job offers 

18 

Highest employment geographically 

Southwest: 72.6% 

Check: Popular Job Sectors in US 

Rice MBA Class Profile - 2021 

The total class strength was 118, with students having an average age of 28. The average GMAT score of the students enrolled was 706 while the average work experience was 5.3 years. 69% of the students were male and 31% were women.  

Rice MBA Employment Report 2021  

The following were recorded for MBA class of 2020 placements at Rice University: 

  • 97% offers were made within 3 months of post-graduating.  
  • 92% acceptances recorded within 3 months after post-graduation.  
  • 100% of seeking international students accepted an offer within 3 months of their post-graduation.  
  • Average base salary of USD 131,384 was the highest recorded salary. 
  • Median base salary was recorded at USD 135,000. 
  • 78% of graduates accepted job offers from the Rice Business community.
ricemba21placement

Rice MBA' 2021 Salary 

The salary insights can be understood in terms of signing bonus and the base salary. The following section throws more light. 

Signing Bonus Amount 

The following table summarises the mean, median and high salaries depending upon the work type that MBA’ 21 got after placements: 

Work type 

Mean  

Median  

High  

Permanent work authorization  

USD 35,112 

USD 30,000 

USD 105,000 

Non-permanent work authorization 

USD 19,986 

USD 25,000 

USD 30,000 

Total reporting signing bonus 

USD 33,221 

USD 30,000 

USD 105,000 

Read more: 10 popular part-time campus jobs for students in the US

MBA’ 21 Base Salary - Rice University 

As high as USD 170,000 was recorded for MBA students working with a permanent authorization after graduating from Rice University. The lowest salary was recorded for non-permanent authorisation workers with USD 117,000 approx. The graph below throws more light on the base salary for both permanent and non-permanent authorisation students of Rice MBA’ 21:

ricemba21placement

Top Employers for Rice MBA’ 21  

Over 50+ employers hired MBA’ 21 students of Rice University. The following table shows some of the top employers for the passing out year of 2021: 

Employers Hiring Full-Time MBA Graduates 

Accenture Strategy 

Wilson Perumal & Company 

Moelis & Company 

Alliantgroup 

Ernst & Young 

Morgan Stanley 

Altman Solon 

EY-Parthenon 

MSQ Ventures 

Amazon 

Fortive Corporation 

NextEra Energy Resources 

Annuitas 

GEP 

NRG Energy 

BMO Capital Markets 

Goldman Sachs 

Pathway Vet Alliance 

Boston Consulting Group 

Goodman Manufacturing 

Phillips 66 

Citigroup Banking, Capital Markets and Advisory 

EDP Renewables North America 

Simmons & Company International 

Carnrite Group 

Greenhill & Co. 

Simon-Kucher & Partners 

Chevron 

HP Inc. 

Southern California Edison 

Capital One 

Infosys Consulting 

Sunnova Energy Corp 

Craig Hallum 

JP Morgan Chase & Co. 

Tesla, Inc. 

Danaher Corporation 

Kalypso 

UBS Investment Bank 

Dell Technologies 

KeepTruckin 

Waste Management 

Deloitte Consulting 

Lazard 

Wexler Surgical 

DM Clinical Research 

LianBio 

Whitestone REIT 

eBay 

Libertas Institute 

Google 

Ecolab 

McKinsey & Company 

ZX Ventures (ABInBev) 

CheckWorking in US as an International Student 

Rice MBA' 21 Internship 

All students, that is 100% of the MBA class of 2021 at Rice University got an internship. Technology was the top industry where 25.6% of students found an internship, the highest since 2017. The average monthly compensation also increased by 34% in comparison to 2020. 

Rice MBA’21 Internship Compensation 

Students under permanent work authorization were earning USD 8,000 and above while non-permanent work authorization students earned USD 7,800. In terms of monthly compensation, industry wise, the following table gives more details: 

Industry  

Monthly Compensation  

Consulting  

USD 10,897 

Consumer Products 

USD 6,798 

Financial Services 

USD 9,536 

Manufacturing  

USD 8,893 

Energy  

USD 6,649 

Pharmaceutical Biotech Healthcare 

USD 5,840 

Real Estate  

USD 4,528 

Technology  

USD 7,333 

Check: Cost of Living in the US 
Rice MBA’ 21 Industry Wise Hiring 

Since Technology was the highest recruiting sector for internships, this industry offered internships to 41 students. This was followed by financial services hiring 38 students and the lowest hires were made by two industries - transportation and logistics & retail, where only 1 student was allowed to intern. Look at the following graph for more information:

ricemba21placement

Percentage of Hires Geographically 

The following stats were recorded for students of MBA’ 21 who were offered to intern with top employers across the following geographic locations, within USA: 

  • Southwest: 67.91% 
  • West: 12.56% 
  • Northeast: 10.11% 
  • Midwest: 4.42% 
  • Mid - Atlantic: 1.86% 
  • South: 1.28% 

Source of Internships 

As per the data, MBA’ 21 internships were offered to students through various types of sources, some of them were identified and have been tabulated below for reference: 

MBA’ 21 Source of Internship 

Total Students 

Job Posting (OWL Careers) 

53 

Consortia / Conference Event 

15 

Employer Information Session 

Career Fair 

Other School-Facilitated 

Alumni Referrals 

Scheduled Interview On or Off Campus 

Faculty Referrals 

Top Employers for Rice MBA’ 21 Internships 

The following employers hired students of MBA class of 2021 of Rice University for an internships: 

Accenture Strategy  

Amazon*  

Amd  

Anheuser-busch (Ab Inbev)  

Apex Health Solutions  

Apple  

Aspirant  

Atlas Credit Partners  

Balcara Group  

Bank Of America Private Bank  

Barclays Global Markets/Investment Banking  

Baylor College Of Medicine  

Bloom Coffee  

Boston Consulting Group  

Brunswick Corporation  

Can Do Houston  

Cbre  

Centerpoint Energy 

Chevron 

Maul Energy Advisors  

Mckinsey & Company 

Med Bar Health  

Medtronic Mercury Fund 

Microsoft*  

Monigle Morgan Stanley 

Hp Inc  

Hpe  

Ibm 

Briarwood Partners  

Gates Foundation  

Gep Worldwide  

Goldman Sachs  

Google  

Greenhill & Co. 

Paypal  

Pphb  

Raytheon Intelligence & Space  

Revterra  

Ridgefield Energy Partners 

Tesla, Inc.  

The Friedkin Group  

Thredup Inc.  

Ticr 

Emerson 

Credit Suisse 

 Read more about: How to find the perfect part-time job abroad?

Rice MBA' 21 Placement FAQs

Q1. Which were some of the top employers for MBA’ 21 at Rice University?

A. These were the top employers for MBA’ 21 at Rice University - Capital One, Dell, Deloitte Consulting, CenterPoint Energy, Chevron, ExxonMobil, EY, KPMG.

Q2. What were the employment stats of the financial services industry for MBA’ 21 of Rice?

A. The financial services industry recorded a placement rate of 21% for MBA’ 21 of Rice University. The average salary was recorded at USD 134,000 and the average signing bonus was USD 40,000. Around 12% of the international students got placed in this industry.

Q3. What were the mean salaries for MBA’ 21 at Rice University? 

A. The mean salaries for MBA’ 21 of Rice University are as follows:

  • Consulting: USD 144,875 
  • Financial Services: USD 170,000 
  • Manufacturing: USD 106,000 
  • Energy: USD 140,000 
  • Technology: USD 127,260

Q4. Which were the top employers for the consulting industry for MBA’ 21 at Rice?

A. The following were the top employers for the consulting industry for MBA’ 21 at Rice University - KPMG, Deloitte Consulting, EY, FTI Consulting, Accenture, Alvarez & Marsal, BCG, McKinsey.

Q5. How many jobs were accepted within the Rice business network by MBA’ 21?

A. Around 78% of the jobs accepted within the Rice business network by the MBA class of 2021.

Want to know your chances of admission in this university?

Location
University CityHouston, Texas, USA
Size of cityLarge
Population of City69,99,389

Contact Details

Address

6100 Main, Houston, TX 77005-1827
Houston ( Texas)

Email

gradadmissions@rice.edu