Professional MBA-Evening and Professional MBA-Weekend program:

Both the Professional MBA-Evening and the Professional MBA-Weekend programs consist of a 22-month, lock-step curriculum that is delivered in four consecutive semesters (two academic years). The total two-year tuition for the Professional MBA-Evening Class of 2022 is $109,930, and total two-year tuition for the Professional MBA-Weekend Class of 2022 is $115,050. In both cases tuition is billed evenly over the four semesters. 

Professional MBA-Evening Extended program:

A third option is the Professional MBA-Evening Extended program, which allows you to complete the same curricular requirements (a minimum of 54 credit hours) over three to five academic years. While there are some basic enrollment requirements each semester, this academic structure allows you full control to align your pace of completion with your lifestyle preferences. For students entering the program in Fall 2020, the tuition is $109,930 and is billed on a prorated per credit hour basis each semester.* 

Enrollment Deposit and Fees for All Programs:

All programs require an enrollment deposit of $2,500** upon acceptance.

There is only one required institutional fee*** in addition to tuition: students pay a Student Activities Fee ($100 per semester). The following items are also included within tuition:

  • Textbooks and program materials
  • Parking
  • Resources at Fondren Library
  • Light meals before classes

Available Resources:

Tuition may be covered by the use of

In addition, many students’ tuition needs are supplemented by company financial support. We encourage you to check with your company regarding education benefits and tuition reimbursement programs.

Learn why A Rice MBA is a positive return on your investment:

An MBA from Rice Business is an investment that will pay dividends throughout your career. See Rice Business Professor James Weston explain why.


Billing and Payment Arrangement Deadlines:

  • Fall: Billing begins the first week of July with a payment deadline of September¬†10
  • Spring: Billing begins the first week of December with a payment deadline of February¬†10

*Tuition rates subject to change. The per credit hour billing amount is prorated based on the total program Tuition ($109,930) divided by the total minimum number of credit hours required to complete the degree (54). The prorated amount is then multiplied by the total number of credit hours you are enrolled in for that semester (Example: $109,930 / 54 credits = $2,035. Assume enrollment in 6 credit hours in a given semester: $2,035 x 6 credits = $12,214).

Important Note: While we encourage you to pursue your distinctive interests by enrolling in extra elective courses, the total cost of your program may exceed $109,930 if you choose to enroll in additional credit hours above the 54 minimum required to complete the MBA for Professionals-Evening Extended program. 

**The $2,500 non-refundable deposit is due upon acceptance into the program and serves as a guarantee of enrollment in the year for which you are accepted. Failure to enroll in that year results in forfeiture of the deposit and will require reapplication. 

***Health Insurance is an institutional requirement. You may waive this requirement by submitting proof of alternative medical insurance that meets Rice University minimum standards.