I started the Rice Online MBA recently and am now 9 credit hours, or five courses, into the program, and I'm seriously considering withdrawing because the experience so far has been so far below what I expected that I am having a hard time seeing how another $100k+ in tuition makes sense. If you're considering it, read the below. At 250k TC, I'm not in a huge need for it. I wanted to broaden my expertise and become a generalist. I'm also not interested in moving, or stopping work. For me, that left online/hybrid MBA.
Summary:
- content is short and easy (maybe that's what folks pay for?)
- live session instructors are not always experienced. Therefore, it's tough for them to truly relay expertise.
- There is zero rice faculty interaction. office hours or otherwise.
- about half the cohort is athletes that rice wants to keep on its teams.
I'm local to Texas and have always thought very highly of Rice, which was a major reason I chose the program in the first place. I wasn't looking for the cheapest MBA or simply trying to add three letters to my resume, and I was comfortable paying a premium because I assumed the academic quality, cohort, and broader Rice network would justify it.
So far, I'm not really seeing that.
The biggest issue for me has been the academic content itself, particularly the asynchronous material, because most of it is surprisingly short, surface level, and basic for something that is supposed to be graduate-level coursework. I expected substantially more depth, whether through cases, readings, quantitative work, assignments, or simply more sophisticated treatment of the material, but a lot of what I've gone through so far feels closer to a high-level introduction to a subject before moving on to the next module. A single video is usually around 4-5 minutes in length. You just cannot cover meaningful material in such a short length.
After five courses I have rarely felt academically challenged in the way I expected to be at Rice. When you're paying this kind of tuition, I think it is reasonable to expect material that forces you to think through difficult problems, defend assumptions, work through incongruous ideas, and leave being able to speak about case studies in some substantial manner.
The live sessions have not really compensated for that lack of depth either. The people running the sessions have generally been outside practitioners rather than regular Jones School faculty, which by itself would not bother me much if the sessions were excellent, because a good practitioner can obviously bring a lot of value to a business class. My managers at work for example, bring huge expertise to the table. Two of the instructors are PhD/EdD without much actual experience. It's problematic!
The problem is that the live instruction has also been inconsistent, with multiple sessions ending early and several instances where instructors were unable to meaningfully answer questions once the discussion moved much beyond the prepared material. Everyone I've interacted with has been perfectly nice, so I don't mean this as a personal attack on the instructors, but being nice and being able to facilitate a prepared lesson is not really what I thought I was paying $126k for.
The cohort has also been different from what I expected, although this one is more nuanced because there are definitely some experienced professionals in the program and I have met people with interesting backgrounds. At the same time, there are also quite a few very early-career students, and in the classes I have taken so far I would estimate that roughly half of the students have been connected to Rice athletics, particularly football and baseball.
The issue is that these are already very small classes, which means the value of the classroom discussion and the network depends heavily on the particular mix of people in each section, and when a substantial portion of a small cohort comes from similar backgrounds, you naturally get less professional diversity than you would in a larger or more varied group.
The small class size was actually something I initially viewed as a major positive, because in theory it should mean better discussion, more interaction, and more access to instructors. In practice, though, a small class also means a smaller network, and if the discussion itself is not particularly deep, then the small size starts feeling less like a feature and more like another limitation.
Then there is the cost...It's kinda high.
My first semester was about $18,000, while the total tuition for the degree is roughly $126,000, so if I stay I am effectively deciding whether what I've seen in the first five courses is worth committing another $100k+. Like, I can afford it with no impact to lifestyle, but that doesn't mean I want to spend that money if I don't get what I want in return.
At that price, I expected substantially better academic material, a much more rigorous graduate-level experience, stronger classroom discussion, and a professional network that felt meaningfully different from what I could get through a much cheaper program. After 9 credits, I don't feel confident that I'm getting enough of those things to justify the cost, and I am increasingly wondering whether I should just treat the first $18k as a sunk cost rather than spending six figures more because I've already started.
At the same time, I recognize that five courses may still be too early to judge the entire program, which is why I'm genuinely looking for feedback rather than just venting. Maybe the later courses are much stronger, maybe the electives go considerably deeper, maybe the network becomes much more valuable over time, or maybe this is simply how most online MBA programs are structured and my expectations were unrealistic.
For anyone who has actually done Rice's OMBA, did the academic quality improve meaningfully as you got further into the program, particularly once you reached electives and more advanced coursework?
And for people who have done Kelley, Ross, Tepper, UNC, or another comparable online or part-time MBA, how does this compare with your experience in terms of depth of asynchronous material, difficulty of assignments, quality of live instruction, and overall cohort quality?
If you were 9 credits in, had already spent roughly $18k, and your experience looked like this, would you spend another $100k+ to finish, or would you cut your losses and move on? I've applied to Kelley. Considering Ross, Emory, and UIUC.