Scholars CribThe Jones Graduate School of Business at Rice University offers an MBA fully online, with the exception of two in-person Intensive Learning Experiences (ILEs).
The program, which can be completed in 24 months, was created to meet the expanding demand for digital education and to extend the Rice Business MBA to students who are unable to study on campus.
MBA@Rice’s live online classes help students establish an entrepreneurial perspective and prepare them to work collaboratively in a business environment.
Students study fundamental business principles such as data analytics, financial accounting, leadership, finance, entrepreneurship, organizational behavior, and managerial economics.
To qualify, students must hold a bachelor’s degree. Some work experience is recommended.
What to Expect from the Rice Online MBA Scholarships
Rice Online MBA Scholarships admission requirements: Applicants must have a bachelor’s degree from an authorized university.
Admission requirements include an online application and fee, GMAT/GRE test scores (waivers are available), official transcripts, a current resume, one essay (an additional essay is optional), and one letter of recommendation from a current direct supervisor or two recommendations from previous supervisors.
Please keep in mind that all applicants are required to do a virtual interview with an admissions counselor.
If their degree was not acquired at a school where English was the predominant teaching language, international students must present exam scores from the exam of English as a Foreign Language (TOEFL), International English Language Testing System (IELTS), or Pearson Test of English Academic (PTE Academic).
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Rice Online MBA Scholarships
- Study Plan: MBA@Rice students who are admitted can begin classes in January, April, July, or October. The program can be finished in as little as 24 months. Terms last 11 weeks, with each course lasting either five or ten weeks. Exams are given in the last week of each term, and most terms allow students to take up to six credits. The first year of the curriculum consists of all the fundamental courses. Electives are added in the second year. At the completion of the program, students must complete a capstone course as well as two Intensive Learning Experiences (ILEs), either domestically or internationally.
- Curriculum: Throughout the program, students complete 54 credits: 36 core course credits, 12 elective credits, 3 credits of residential ILEs, and an extra 3 credits of electives or alternative ILEs. Entrepreneurship, finance, marketing, and operations management are among the electives offered.
- Core Courses: Topics include financial accounting, data analysis, new enterprise, organizational behavior, corporate responsibility, competitive strategy, strategic business communications, leadership, negotiations, and business law.
- Electives: The electives total 12 credits, which include both 3-credit and 1.5-credit courses. These include entrepreneurship, finance, marketing, and operations management.
- Intensive Learning Experiences (ILE): Two 1.5-credit ILEs are required. ILEs might be domestic or international.
- Online Experience: The MBA@Rice program consists of weekly live, face-to-face classes held via webcam. During these live classes, students discuss and review the week’s lessons. Assignments include video simulations, group projects, and real-world case studies. Online students have access to all on-campus services, such as academic advising, library resources, technical support, career counseling, and faculty mentoring.
- In-person Requirements: MBA@Rice graduation requires two Intensive Learning Experiences (ILEs). Domestic ILEs include seminars, group projects, guided leadership exercises, and simulations. They provide students with the opportunity to form relationships with peers, instructors, and business experts. They are often hosted on the Rice University campus in Houston, Texas.
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International ILEs include intersessions, extra seminars, and study abroad options. Students may substitute up to two additional 1.5-credit ILEs for optional credits. ILEs are performed in the week between sessions.
Throughout the program, students can attend learning and networking events with peers, instructors, alumni, and industry experts. These events are held on and off campus.
Paying for the Rice Online MBA Scholarships
Rice University costs $2,130 per credit for its online MBA program. This excludes books, Intensive Learning Experiences (ILEs), and travel fees.
Domestic ILEs cost $800, which includes all meals and accommodations. International ILEs cost $1,600, which includes some meals and full accommodations. Students should check with the Jones Graduate School of Business admissions department for the most recent fee estimates.
Students can apply for Federal Direct Unsubsidized Loans and Graduate PLUS loans through the Free Application for Federal Student Aid (FAFSA) to help pay for their education.
Other financial options include private loans, community and organizational grants and scholarships, as well as employer-sponsored tuition reimbursement schemes.
Rice University is also involved in military benefits programs for graduate students. Students can learn more by contacting Rice University’s Office of Financial Aid.
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