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Brought into being in the year of 1912 after the assassination of its namesake William Marsh Rice, Rice University has now established itself as a prominent Research University with a distinctive undergraduate focus. Its distinct emphasis on education is confirmed by a relatively small student student-faculty ratio. This ratio is the lowest in the top American universities including the Ivy League. The University is known to have a high level of research activity for its size, with $115.3 million in sponsored research funding in the year of 2011. Apart from several other distinctive features, Rice is also renowned for its Applied Science Programs in the fields of structural chemical analysis, artificial heart research, space science, signal processing, and nanotechnology.
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