In collaboration with the Baylor College of Medicine, the business school offers the MD/MBA dual degree program for candidates seeking to integrate business knowledge with expertise in medical schools, physician groups, hospitals and managed care organizations.

The U.S. health care industry faces many challenges such as sky-rocketing costs, increasing demand, inadequate access to health care, inefficiency, inconsistent quality of services, non-uniform processes and more. Increasingly complex changes in the health care and life sciences industries require physicians to take on leadership roles in nontraditional capacities. You could be a part of the solution.

Read about one of our MD/MBA alumna and the Association of American Medical Colleges' current take on the dual degree.

The dual degree requirements are completed in five years.

Admission Requirements

  • Complete the Rice MBA online application
  • Full Time MBA¬†application requirements
  • Already admitted to or accepted by Baylor College of Medicine
  • Optional official GMAT is required for scholarship consideration¬†
  • Official current Baylor transcripts mailed to our office
  • Official scores submitted to the Jones School by Baylor

Program Cost and Scholarship

An enrollment deposit of $1,250 is due upon acceptance and is applied toward the cost of your first semester. The MBA portion of the program consists of three semesters of Full Time MBA tuition and fees at Rice University as follows:

  • Year 1 (Fall-Spring): MBA tuition and fees
  • Year 2 (Fall only): MBA tuition and fees

Merit-based scholarships are determined on the strength of the entire application package, including your GMAT/GRE score, undergraduate transcripts, work history and leadership experiences. 

All applicants to the Full-Time MBA program (both international and domestic) are considered for merit-based Admissions Scholarships, which can range from 10-100% of tuition. There is no separate application process for scholarship consideration. Once your application is submitted, it is reviewed and considered for scholarship based on all required criteria within your application. If you are admitted to the Rice MBA Full-Time program, any scholarship award will be announced in your admission packet. Your admissions letter will indicate the amount offered per academic year. You may receive a maximum of three semesters of scholarship funding.

Financing Your Degree

Information on funding resources may be found in the Full-Time MBA section of the site.


Rice MBA Admissions Contact: Kalyn Speck
Baylor College of Medicine Contact: Theresa Tran, MD, MBA