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Rice University Placements
Houston, Texas, United States
Houston, Texas, United States
On this Page:
Rice University offers a highly regarded MBA program, recognized by Princeton as the top program for Graduate Entrepreneurship. It is also ranked #26 by US News for Best Graduate Business Schools. This strong reputation helps Rice MBA students secure job offers either before they graduate or within three months after graduation.
The MBA class of 2021 at Rice University achieved a placement rate of 92%. Graduates received the highest salary offers of up to $170,000 per year. The class also set a high standard with an average salary of $131,384 and a median salary of $135,000. These figures highlight the value and success of the Rice MBA program.
The table presents the latest bachelor's average salary and the latest master's average salary across 11 bachelor's disciplines and 2 master's disciplines at Rice University, according to the US Government. It highlights salary variations based on the field of study, with STEM disciplines generally offering higher earnings due to industry demand. The bachelor's salaries range from ₹1,46,53,235 to ₹47,46,655, while the master's salaries range from ₹1,36,33,490 to ₹29,36,580. Additionally, master's degree graduates typically earn more than bachelor's degree holders, reflecting the benefits of advanced education in career growth and salary potential.
| Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
|---|---|---|
| Computer and Information Sciences, General. | $172,391 | ₹1,46,53,235 |
| Chemical Engineering. | $108,850 | ₹92,52,250 |
| Mechanical Engineering. | $89,547 | ₹76,11,495 |
| Economics. | $88,145 | ₹74,92,325 |
| Cognitive Science. | $86,577 | ₹73,59,045 |
| Civil Engineering. | $80,364 | ₹68,30,940 |
| Political Science and Government. | $70,513 | ₹59,93,605 |
| History. | $70,345 | ₹59,79,325 |
| Health and Physical Education/Fitness. | $62,105 | ₹52,78,925 |
| 0ychology, General. | $57,256 | ₹48,66,760 |
| English Language and Literature, General. | $55,843 | ₹47,46,655 |
| Departments | Average Annual Salary (USD) | Average Annual Salary (INR) |
|---|---|---|
| Business Administration, Management and Operations. | $160,394 | ₹1,36,33,490 |
| Music. | $34,548 | ₹29,36,580 |
| Placement Rate | 92% |
|---|---|
| Average signing bonus | USD 26,529 |
| Jobs accepted within Rice business network | 78% |
| Average base salary | USD 131,384 |
| Median salary | USD 135,000 |
| Highest salary | USD 170,000 |
| Permanent authorization job offers | 67 |
| Non-permanent authorization job offers | 18 |
| Highest employment geographically | Southwest: 72.6% |
Salary information can be looked at through the signing bonus and the base salary. The next part gives more details.
The table below shows the average, middle, and highest salaries based on the job type that MBA 21 graduates received after getting placed:
| Work type | Mean | Median | High |
|---|---|---|---|
| Permanent work authorization | USD 35,112 | USD 30,000 | USD 105,000 |
| Non-permanent work authorization | USD 19,986 | USD 25,000 | USD 30,000 |
| Total reporting signing bonus | USD 33,221 | USD 30,000 | USD 105,000 |
More than 50 employers hired MBA students from Rice University in the class of 2021. The table below lists some of the top companies that hired graduates in 2021:
| Employers Hiring Full-Time MBA Graduates | |
|---|---|
| Accenture Strategy | Moelis & Company |
| Alliantgroup | Morgan Stanley |
| Altman Solon | MSQ Ventures |
| Amazon | NextEra Energy Resources |
| Annuitas | NRG Energy |
| BMO Capital Markets | Pathway Vet Alliance |
| Boston Consulting Group | Phillips 66 |
| Citigroup Banking, Capital Markets and Advisory | Simmons & Company International |
| Carnrite Group | Simon-Kucher & Partners |
| Chevron | Southern California Edison |
| Capital One | Sunnova Energy Corp |
| Craig Hallum | Tesla, Inc. |
| Danaher Corporation | UBS Investment Bank |
| Dell Technologies | Waste Management |
| Deloitte Consulting | Wexler Surgical |
| DM Clinical Research | Whitestone REIT |
| eBay | |
| Ecolab | ZX Ventures (ABInBev) |
Every student, which is 100% of the MBA class of 2021 at Rice University, secured an internship. The technology sector was the leading field, with 25.6% of students landing internships, marking the highest percentage since 2017. Additionally, the average monthly pay rose by 34% compared to 2020.
Students with permanent work permits earned USD 8,000 and above, while those without permanent work permits made USD 7,800. For a clearer view of monthly pay by industry, please see the table below:
| Industry | Monthly Compensation |
|---|---|
| Consulting | USD 10,897 |
| Consumer Products | USD 6,798 |
| Financial Services | USD 9,536 |
| Manufacturing | USD 8,893 |
| Energy | USD 6,649 |
| Pharmaceutical Biotech Healthcare | USD 5,840 |
| Real Estate | USD 4,528 |
| Technology | USD 7,333 |
According to the information, MBA’ 21 internships were provided to students from different sources. Some of these sources are listed in the table below for your reference:
| MBA’ 21 Source of Internship | Total Students |
|---|---|
| Job Posting (OWL Careers) | 53 |
| Consortia / Conference Event | 15 |
| Employer Information Session | 8 |
| Career Fair | 7 |
| Other School-Facilitated | 7 |
| Alumni Referrals | 5 |
| Scheduled Interview On or Off Campus | 5 |
| Faculty Referrals | 3 |
The companies listed below offered internships to students from the MBA class of 2021 at Rice University:
| Accenture Strategy Amazon* Amd Anheuser-busch (Ab Inbev) Apex Health Solutions | Apple Aspirant Atlas Credit Partners Balcara Group Bank Of America Private Bank | Barclays Global Markets/Investment Banking Baylor College Of Medicine Bloom Coffee Boston Consulting Group |
|---|---|---|
| Brunswick Corporation Can Do Houston Cbre Centerpoint Energy Chevron | Maul Energy Advisors Mckinsey & Company Med Bar Health Medtronic Mercury Fund Microsoft* | Monigle Morgan Stanley Hp Inc Hpe Ibm Briarwood Partners |
| Gates Foundation Gep Worldwide Goldman Sachs Google Greenhill & Co. | Paypal Pphb Raytheon Intelligence & Space Revterra Ridgefield Energy Partners | Tesla, Inc. The Friedkin Group Thredup Inc. Ticr Emerson Credit Suisse |
The key points about job placements for the Full-Time MBA program for the 2023 intake at Rice University are listed below:
| Category | Data |
|---|---|
| Average Starting Salary | USD 150,000 (INR 1.25 Cr) |
| Offered jobs 3 months after graduation | 94% |
| Accepted a Summer Internship | 100% |
| University City | Houston, Texas, USA |
|---|---|
| Size of city | Large |
| Population of City | 69,99,389 |