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2004 FULL-TIME MBA PROFILE
Rice University
Jesse H. Jones Graduate School of Management
Address: PO Box 2932
Houston, TX 77252-2932
E-Mail: ricemba@rice.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004

Year program was founded 1974
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 22 months

Enrollment
Total graduate business students 506
Full-time MBA students 328
Part-time MBA students 0
Distance MBA students 0
Executive MBA students 178
PhD program students 0
Doctorate of Business Administration (DBA) students 0
 
Total undergraduate business students 0
 
Change in full-time class size in past academic year -4%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 31%
International students 1 19%
Married students n/a

For U.S. schools only:
African American students 6%
Alaskan Native of Pacific Islander American students n/a
Asian American students 13%
Mexican American students 4%
Puerto Rican students 1%
Other Hispanic American students 5%
White (non-Hispanic) students 40%
Multiethnic/Multiracial students n/a
Not reported 31%
Other n/a

Students from the following regions:
Africa 1%
Asia 11%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 3%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
82%
Oceania 0%
Western Europe 2%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 3%
Midwest U.S. 1%
Northeast U.S. 6%
South U.S. 6%
Southwest U.S. 60%
U.S. Possessions and territories 0%
West U.S. 5%

(1) Students from countries other than the school's home country.

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average625623630
Median640610620
Range (middle 80%)530-710n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 644
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 24 - 120
New entrants with one year or less of work experience 8%

Student Age (years)
Average 28
Range (middle 80%) 24 - 34

Salary
Average base salary forgone to enter program $47,615


ADMISSIONS

Application fee (resident) $100
Application fee (nonresident) $100

695 people applied to the full-time MBA program in 2004. The school accepted 52% (selectivity) of those applicants, and 44% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity52%35%39%
Yield44%63%63%

1% of applicants had applied in prior years, and of those reapplicants 50% were accepted.

The B-school placed 102 applicant(s) on its wait list. 67 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 29%
International applicants 1 43%

Interviews for MBA applicants are:
By invitation only

In 2004, the B-school interviewed 77% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$63,720$60,000$56,000
Nonresident$63,720$60,000$56,000
Expected monthly rent $700
Recommended annual budget (Resident) 1 $52,480
Recommended annual budget (Nonresident) $52,480

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Oct. 11, 2004
All applicants:  Dec. 6, 2004
All applicants:  Feb. 7, 2005
All applicants:  Apr. 18, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
All applicants:  Nov. 12, 2004
All applicants:  Jan. 21, 2005
All applicants:  Mar. 18, 2005
All applicants:  May 13, 2005

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

100% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 75% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 60% received institutional scholarships, 0% received assistantships, and 100% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $38,565
Scholarships: Based on a combination of need and merit


2 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $6,851
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $63,690

Financial aid Web site


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Gilbert R. Whitaker, Jr.
Hired as of July 1997
 
Program director John Reed
 
Admissions director Peter Veruki
 
Financial aid director Julia Benz
 
Career services director Charlotte Linn Stein
 
Alumni relations director Deanna Sheaffer

 
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RICE RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
BW ranking history



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