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Discover how to pay for a part-time MBA with employer assistance, scholarships, loans and tax strategies. Explore your funding options with Rice Business.
Professional MBA Tuition and Fees: An Investment That Delivers Immediate Impact
The Professional MBA — Evening, Weekend and Hybrid — offers exceptional value by combining a world-class Rice MBA with the flexibility to continue advancing your career while you earn your degree. Tuition includes program costs, registration fees and the Global Field Experience course.
- Professional Evening MBA (Class of 2028): $67,431 per academic year ($134,862 total)
- Professional Weekend MBA (Class of 2028): $70,707 per academic year ($141,414 total)
- Professional Hybrid MBA (Class of 2028): $70,915.50 per academic year ($141,831 total)
As a Professional MBA student, you'll customize your experience through a wide range of elective courses while benefiting from the Rice Business Career Development Office, executive speakers, leadership programming and the powerful Rice Business alumni network.
All Professional MBA formats require a non-refundable $2,500 enrollment deposit upon acceptance, which will be applied toward your first fall semester tuition.
We encourage you to request more information to get to know us better and learn why this is the best investment for your career.
Professional MBA Tuition and Fees Breakout
Professional Weekend MBA
| Tuition and Required Fees | Annual |
|---|---|
| Tuition | $ 70,707 |
| PMBA Activity Fee | $ 550 |
| Optional Fees | |
| Weekend Residency | $ 7,500 |
| Health Insurance* | $ 3,143 |
| Textbooks** | $ 1,100 |
| Parking*** | $ 250 - $ 1,009 |
*Health Insurance is an institutional requirement. You may waive this requirement by submitting proof of alternative medical insurance that meets Rice University minimum standards.
**Students are responsible for purchasing their textbooks each semester. Textbooks may be purchased at the Rice University Campus Bookstore or through any store or online vendor the student chooses.
***Students wishing to park on campus have multiple options at various price points. Parking permits for the 2026-27 academic year may be purchased beginning July 1. Additional information may be found on the Rice University Parking Rice University Parking website.
Professional Evening MBA
| Tuition and Required Fees | Annual |
|---|---|
| Tuition | $ 67,431 |
| PMBA Activity Fee | $ 550 |
| Optional Fees | |
| Health Insurance* | $ 3,143 |
| Textbooks** | $ 1,100 |
| Parking*** | $ 250 - $ 1,009 |
*Health Insurance is an institutional requirement. You may waive this requirement by submitting proof of alternative medical insurance that meets Rice University minimum standards.
**Students are responsible for purchasing their textbooks each semester. Textbooks may be purchased at the Rice University Campus Bookstore or through any store or online vendor the student chooses.
***Students wishing to park on campus have multiple options at various price points. Parking permits for the 2026-27 academic year may be purchased beginning July 1. Additional information may be found on the Rice University Parking website.
Professional Hybrid MBA
| Tuition and Required Fees | Annual |
|---|---|
| Tuition ('26-27) | $ 70,915.50 |
| Activity Fee ('26-27) | $ 550 |
| Optional Fees | |
| Textbooks* | $ 1,100 |
| Parking** | $ 250 - $ 1,009 |
| Health Insurance*** (may be waived with proof of insurance) | $ 3,143 |
| Residency**** | $ 6,500 |
**Students are responsible for purchasing their textbooks each semester. Textbooks may be purchased at the Rice University Campus Bookstore or through any store or online vendor the student chooses.
***Students wishing to park on campus have multiple options at various price points. Parking permits for the 2026-27 academic year may be purchased beginning July 1. Additional information may be found on the Rice University Parking website.
*Health Insurance is an institutional requirement. You may waive this requirement by submitting proof of alternative medical insurance that meets Rice University minimum standards.
****Hotel residency for your first semester is covered. For every semester thereafter that you opt in, you will be charged $3,250.
We encourage you to request more information to get to know us better.
Financial Aid Resources
Rice Business is committed to helping you explore financing options so that you make informed decisions. Check out our Financing Your Degree page to learn more about various financial aid and military funding options. Your dedicated Student Financial Services team is conveniently located in McNair Hall and are available to assist with all your financial aid needs.
Weekend Residency Program
The Weekend Residency Program allows you to fully immerse yourself in your MBA experience, maximize your weekend learning, and build strong connections with your cohort. This optional travel subsidy is available for Professional Weekend and Hybrid MBA students commuting to Houston, to help with the cost for professionals outside the city.
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Rice Business's Weekend Residency Program includes the hotel portion of a student’s stay for class weekends. Hotel accommodations are provided by The Westin Medical Center, located near campus:
The Westin Medical Center
1709 Dryden Road
Houston, TX 77030
Main Phone: (713) 730-2404 -
Hybrid MBA format:
The Weekend Residency Fee is covered for the first semester for Professional Hybrid MBA students. Afterwards, the fee for the program is $3,250 per semester ($6,500 per year) which is added as a line item on a student’s tuition bill each semester. Please note that the Weekend Residency Program is completely optional.
Weekend MBA format:
The fee for the Weekend Residency program is $3,500 per semester ($7,000 per year) which is added as a line item on a student’s tuition bill each semester. Please note that the Weekend Residency Program is completely optional.
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The Weekend Residency Fee includes:
- Room/tax for class weekends (Thursday, Friday and Saturday nights)
- Room/tax for Immersions
The Weekend Residency Fee does not include:
- Hotel parking
- Incidentals (e.g. mini-bar charges, meals at the hotel, room service, etc.)
- Airfare or transportation
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For more information regarding the Weekend Residency program, please contact the Rice MBA Recruiting & Admissions Office at 713-348-4918 or ricemba@rice.edu.
Why Invest in a Professional MBA?
When evaluating the cost of a part-time MBA, it’s important to consider the long-term return on investment. Graduates of our part-time program gain more than academic knowledge — they leave with sharpened leadership skills, a powerful professional network and the potential for greater earning power. The Rice MBA goes beyond the classroom, providing tools and connections for lifelong career growth.
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