I believe Rice has two different part-time MBA programs--one is the professionals program which is mostly weeknights, and the other is the executive program, which is on the weekends. The executive program is for older, more experienced individuals. I've heard that Rice's coursework is challenging, maybe more so than UT's, but I still believe that the UT name goes further than Rice does. I think Rice will eventually have a more prestigious name for their MBA program, but it will take 5-10 yrs to get there. However, if you want to work in Houston after your MBA, Rice may have a slight edge. It's very close, and you can't go wrong either way.