Texas & Rice will have better placement.

For the just starting 2nd year MBA's at Rice, I can tell you that 9 out of 100 had investment banking gig, a few PE firms local to Houston, a few TS Big 4 firms, Google, and a few others.

For Texas, I can't give you specific info per se, but know that Texas=Rice in a lot of ways in Houston. (regardless of the rankings which puts Texas at just under 20th and Rice in the 40's.)

 

Think about it like this. When a great school (Rice) wants to do something, they do it well. In the way other schools have not done so well in establishing a great business program (Yale springs to mind), other universities take a better strategy.

If you tour the campus of Rice's biz program, speak to students who rave about the public communication part of the overall course, and just get a general vibe, you really feel this is going to be a great program in the near future . (if it's not already a great program yet...i don't go so i don't know)

 

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