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Growth With Purpose

If there’s one word I’d use for the last decade at Rice Business, it’s growth. We’ve doubled the size of our MBA programs, grown our tenure-track faculty by more than 40%, launched new MBA degree formats for working professionals and the Graduate Certificate in Healthcare Management program, and welcomed a new generation of students through the Virani Undergraduate School of Business. We’ve also crossed a major milestone: More than 10,000 Rice Business alumni are now a part of our global network.

But growth — on its own — was never the point. The real question was always: growth for what?

For me, the answer began with our mission: to create and disseminate knowledge in order to move industries forward and to build innovative leaders to guide them. Growth was also about “right-sizing” Rice Business — we were just too small for such a large city and state so full of opportunities.

The growth we’ve seen is not measured in square footage or enrollment alone. It is measured in the strength of the academic community we build to carry that mission forward. Our work depends on faculty engaging in top-level research, on serious academics and on students who challenge us in new ways.

Undergraduates, for example, have introduced a new center of gravity for the school. They bring a different kind of energy, a different rhythm to the day and a different set of questions about how business connects to the world. Their presence changes the conversations in our classrooms and our hallways. It changes how our graduate students think about mentorship and leadership. It changes how alumni engage when they return and see a fuller academic community in motion.

At Rice, the opportunity is especially powerful: a business major that gives students real depth with MBA-level faculty while still spending two-thirds of their coursework across the university — in engineering, the humanities, the social sciences, architecture, music — wherever their curiosity takes them.

The long-term impact of the undergraduate program will extend far beyond the campus. Over time, it will transform our alumni network, deepen our connections to industry and allow us to compete head-to-head with the very best programs in the country. That kind of momentum doesn’t happen overnight, but it is already underway. Undergraduates are forming the habits and relationships that will define this community for decades to come.

When I look ahead, what I see is not simply a larger school, but a more complete one. A school where undergraduates, graduate students, faculty, alumni, staff and the Houston business community come together in ways that weren’t possible before.

That is growth with purpose. And it is the foundation for everything that comes next.

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