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Rice Jones Online MBA Overview

Summary

702

Avg. GMAT

29

Avg. Age

6 Yrs.

Avg. Exp.

58

Class Size

24 

Months Duration

What is a good GMAT score for Rice Jones Online MBA?

Short Answer – The average GMAT score at Rice Jones Online MBA is 702 for the last entering class. If you score above 702, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after Rice Jones Online MBA?

The average salary at Rice Jones Online MBA for the last graduating class was $130,000. NA of the class was employed with 3 months of graduation.

Key Employers

 

NA%

Consulting

NA% 

Finance

NA%

Technology

NA% 

others

 

NA%

Employed within 3 months of graduation

130,000

Avg. Salary

Tuition Fees & Scholarship at Rice Jones

The Tuition fees for Rice Jones Online MBA is $115,020 and an additional NA in living cost. 

Additionally, a nonrefundable enrollment deposit of $1,000 (required only upon admission) will be applied to the first term’s tuition. Tuition costs are subject to increase each academic year, but each student’s tuition rate will be locked for the entirety of their time in the program at the rate paid in their first quadmester.

Important Scholarships

NA

Cost of Attendance

$115,020 

Tuition Fee

NA

Living Cost

Quick Overview & Rankings

12

US News

33 

QS Top MBA

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FAQs about Rice Jones

Upon completion of the MBA@Rice program—which is part of the Rice Business suite of MBA offerings—you will receive certification that indicates just that: You are part of Rice Business and the Jones Graduate School of Business. Your courses are designed and taught by the same faculty who work on campus in Houston. Your diploma will not indicate that this degree is any different from the on-campus version.

We have seven focus areas: corporate finance, corporate strategy, investment management, marketing, entrepreneurship, energy and health care. However, with 12 credit hours dedicated toward elective studies, we encourage our students to work with their advisers to create a specialized degree plan based on their professional goals. Focus areas are merely designed to help students narrow their focus into different business topics that may be used to inform their postgraduate career aspirations.

Learn more about MBA@Rice focus areas.External link:

The program is almost fully online, with the exception of occasional in-person requirements like the Rice Core Residential—a four-day intensive learning opportunity where you will be able to immerse yourself in the culture of Rice and connect in person with peers, professors, other faculty and alumni.

  • Updated resume
  • One letter of recommendation from a direct supervisor or two letters from professional sources
  • Personal essay (two prompts to choose from, 500–800 words)
  • Transcripts from all institutions attended
  • GMAT/GRE score not required for qualified MBA@Rice candidates (please reach out to your admission counselor to learn more.)
  • Interview (virtual)
  • $150 application fee (waiver options available, reach out to your Admissions Counselor to learn more)

Recommenders will submit their recommendations themselves through our online portal. All that is required of you is your recommender’s email address. You should still reach out to recommenders beforehand to ensure they are willing to engage in the process. Recommendations are due by the final application deadline. One letter of recommendation from a direct supervisor or two letters from professional sources are required.

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