

Masters of Business Administration
- Private University
Jones Graduate School of Business
Masters of Business Administration at Rice University Overview
Rice University is among the popular universities to study Masters of Business Administration from abroad. The duration of Masters of Business Administration program is 2 years. The first-year Rice University tuition fee for Masters of Business Administration is around USD 63,500. Indian students are required to plan their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university. The average estimated cost of living is around USD 14,800. Indian students must meet the Rice University admission requirements to study the course. Indian students must submit an online application by the course deadline to get into the university.
Duration | 2 years |
Tuition & Fees | ₹57.30 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Masters of Business Administration at Rice University Fees
Rice University Masters of Business Administration fee structure includes first-year tuition fee that all the students have to pay. Apart from the tuition fee, the students also have to spend money on stay, food and other utilities, which comprises cost of living, which is USD 14,800. The total expense may vary, depending on the additional charges provided by the Rice University. The total first-year tuition fees of Masters of Business Administration is USD 63,500.
To know more about Rice University Masters of Business Administration fee breakup, check out the table below:
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 57,30,240 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 13,35,552 |
| Insurance | INR 2,39,136 |
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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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Masters of Business Administration at Rice University Frequently Asked Questions
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.
Rice University and UT Austin are some of the top ranked universities that have a unique campus cultures and many academic courses. There are differences between both institutions and the common point is their reputation.
The table below shows the comparison of both universities based on rankings, fees and acceptance rate. The students will find this information useful while choosing one of these. Overall, this information could be useful for students who are considering them.
Here is the comparison highlighting the differences between the Universities:
University | Acceptance Rate | 1st Year Tuition Fee |
|---|---|---|
Rice University | 8% | UG course: INR 41.8 L PG course: INR 29.1 L - 47.5 L |
UT Austin | 31% | UG Course: INR 13 L - 54 L PG course: INR 33 L - 36.6 L |
(The comparison of fees was between the BTech course for UG and the MS course for PG)
Rice University is one of the bets universities for international students in the USA. Rice University offers more than 50 degree programs at undergraduate and postgraduate levels for its international students. Some popular programme among international students are Computer Science, Chemical Engineering, Bioengineering, and more. Rice University offers a wide range of scholarships for its international students. Also, Rice University placement rate stands at 94%, for its MBA graduates and students are employed within 3 months of graduation and this figure shows that out of every 100 students around 94 students secured employment also Rice University acceptance rate stands at 8% which make it extremely competitive to secure admission.
Yes. As per the official enrollment statistics, Rice University acceptance rate is just 8%, which makes it very difficult for students to get selected into the university. A low acceptance rate signifies that only a 8 students out of 100 students are accepted into the university. Students are suggested to apply as soon as possible to avoid last minute hassle. Students are suggested to approach admission process with utter dedication showing strengths and talents to get into Rice University.
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.
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
Yes, Rice University provides merit based scholarships to arriving first year learners who stand out academics and personality among intense competitive group of accepted students. The scholarships are awarded solely based on qualifications with no regard for monetary need. There is no need for a separate application or interview. The admission committee automatically acknowledges all admitted students based on the application submitted.
Cost of attending Rice University can vary depending on main factors such as course level of study UG and PG and accommodation status. International students considering the university could be a little higher than compared to US citizens. UG program academic tuition fee for international students is around - INR 41.8 L per annum depending on the course. It is - INR 50.6 L - 52.8 L for PG programs.
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.
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.
Yes, IELTS is one of the important ELPs for Rice University, but however, the university accepts various ELP and IELTS is one of them. Below are the ELP’s with minimum required scores.
English Language proficiency | Minimum score |
|---|---|
IELTS | 7 and above in all bands |
TOFEL | 90 and above |
Duolingo English Test | 115 and above |
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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