Professional MBA Tuition and Fees
The Professional MBA-Evening and the Professional MBA-Weekend programs both consist of a 22-month, lockstep curriculum that is delivered in four consecutive semesters (two academic years).
Tuition for the Professional MBA-Evening Class of 2026 is $61,750 each academic year ($123,500 total), and tuition for the Professional MBA-Weekend Class of 2026 is $64,750 each academic year ($129,500 total). Tuition cost includes your program tuition, registration fees and the Global Field Experience course.
As a PMBA student you can tailor your MBA program with over 100 elective course choices, and access the Rice Business Career Development Office, guest speaker events and the Rice Business network.
Both programs require a non-refundable enrollment deposit of $2,500 upon acceptance that will be applied toward the fall semester tuition.
Professional MBA — Evening Program
| Tuition and Required Fees | Annual |
|---|---|
| Tuition | $ 61,750 |
| PMBA Activity Fee | $ 450 |
| Optional Fees | |
| Health Insurance* | $ 3,143 |
| Textbooks** | $ 1,100 |
| Parking*** | $ 250 - $ 1,009 |
Professional MBA — Weekend Program
| Tuition and Required Fees | Annual |
|---|---|
| Tuition | $ 64,750 |
| PMBA Activity Fee | $ 450 |
| Optional Fees | |
| Weekend Residency | $ 5,000 |
| 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 2023-24 academic year may be purchased beginning July 1. Additional information may be found on the Rice University Parking website.
We encourage you to request more information to get to know us better.
Weekend Residency Program
Rice Business is proud to offer an optional travel subsidy for students commuting to Houston for our Professional MBA program.
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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 -
The fee for the program is $2,500 per semester ($5,000 per year) which is added as a line item on a student’s tuition bill each semester. Please note that the Weekend Residency Program fee is not included in the MBA tuition and is completely optional.
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The Weekend Residency Fee includes:
- Room/tax for class weekends (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.
What’s the sticker price of an MBA? Even for candidates who know their next step is business school, the financial commitment is significant. For candidates who are still deciding, calculating the variables — tuition, time, meeting responsibilities to family, work and community — can be overwhelming. Both types of achievers may be surprised at how affordable a Rice MBA really is.
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.