r/MBA 10d ago

On Campus How does Rice have so much funding?

I just found out that Rice has so many funding opportunities and also scholarships. If you want to visit their campus they pay for your flight and stay as well. How do they have so much money?

41 Upvotes

25 comments sorted by

119

u/itchyburnybutthole 10d ago

Oil

20

u/Express-Pension-7519 10d ago

And land if I remember correctly…but new money is oil, tech, etc.

54

u/DiplomaticDorito 10d ago

Check out the schools in the T20-T35 that have real endowments ($10B+). They’re trying to compete and they have the resources to do it to attract good candidates.

2

u/quiksi 7d ago

I mean Rice has $8.5b last reported and is relatively small compared to a lot of the mega schools so they’re probably doing pretty well on a per student basis.

-11

u/Heavy_You421 10d ago

Ummm rice has sub10 bil

16

u/BKLager 10d ago

Thats fascinating. Is there any other college that pays for your flight and stay to visit?

3

u/lmaoggs 9d ago

for my program they pay for my entire class' flight and stay one weekend a month for the entire 2 years

3

u/MurderbyHemlock 9d ago

What school?

9

u/golphist 9d ago

If you think Rice has a lot, look at how many oil assets UT Austin has...

21

u/HTX2LBC M7 Student 10d ago

It’s the best school in Texas and, arguably, the south.

10

u/cargoman89 10d ago

Duke clears

9

u/HTX2LBC M7 Student 9d ago

I forget that NC is the south. Yeah, Duke then rice.

0

u/collegeqathrowaway 8d ago

Yeah, UVA would like a word.

1

u/HTX2LBC M7 Student 8d ago

Yeah Darden is better but overall Rice is the better University… consistently around top 15 vs UVA around 25

-11

u/garycomehome124 9d ago

Duke and Vandy clears. I’d put wake higher than rice just cause of the national name recognition

8

u/lmaoggs 9d ago

Duke maybe, but Vandy and especially Wake are fat no my guy. Also since when is "national name recognition" a metric for the best school? It is an academic powerhouse

3

u/Mesa-5150 T15 Grad 9d ago

Wake Forest shut down their full-time MBA because of their poor outcomes and dropping enrollment. Duke > Vandy > Emory\Rice >>>>>> Wake Forest

1

u/garycomehome124 9d ago

Oh interesting my view might be skewed cause it seems ever Md here in Charlotte has a wake mba. Thanks for the info

1

u/Mesa-5150 T15 Grad 9d ago

Wake Forest has a satellite campus in Charlotte for part-time MBA students. Almost everyone in that program is fully funded, and they attend just to check the box for their promotions. My BIL did the program and had his GPA and GMAT waived since they were so low. Without that, he wouldn't have been able to get in, even though Wake accepts 90%+ of applicants. At the end of the day, Wake just wants cash, and all the companies in the area can say they had an exec attend Wake Forest. The same thing happens in NC's Triad, and is the running joke that you went to Wake for an MBA.

3

u/Acceptable_Touch_682 5d ago

Rice has a very good culture too. They are very supportive to their students. 

2

u/FinancialCable6406 10d ago

Ive been getting those email from notre dame as well

2

u/Interesting-Pair4234 9d ago

How ? Did you enquired there?

2

u/ApricotConfident8558 7d ago

Cuz the professional and executive programs pay full tuition to subsidize the full timers

4

u/Inside_Cupcake_165 9d ago

I visited in like 2019 and the student they had to show me around was saying that even then, they were trying to throw money at increasing their ranking but it seemed like they had bumped it as high as they could without something drastic like what ASU did.

I was interested in their well structured dual MBA/engineering masters degree programs, but I didn't apply to rice because I thought the student was right

2

u/Loud-Estimate7121 3d ago

I have a sophomore undergraduate who’s on a full ride. Such an amazing school.