Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus
Rice University - Jesse H. Jones Graduate School of Business campus

From the School

Rice University aspires to path-breaking research, excellence in teaching and contributions to the enhancement of our world. As the university's business school, The Jesse H. Jones Graduate School of Business adheres to those same values to cultivate a diverse community of learning and discovery.

More specifically, the Jones School develops principled, innovative thought leaders in global communities. Through a combination of rigorous curriculum, elite faculty and impressive facilities, students receive an outstanding business school experience. The result is innovative leadership that engages the entrepreneurial spirit and impacts business on a global level.

The Jones School is one of the world's best teaching and research universities, offering Full-Time MBA, MBA for Executives, and MBA for Professionals programs. A Ph.D. program in debuted in 2009 and recently-introduced business concentrations highlight the school's strengths while allowing full-time MBA students to focus on areas of interest.

Additional information is available through our website at business.rice.edu

Overview

From The School

The Jones School considers each aspect of the application when making admissions decision. The application requirements include: GMAT or GRE (GRE or MCAT for joint degree candidates); TOEFL or PTE for some international applicants; transcripts from educational institutions; resume; confidential evaluations; essays; interview (invitation only); completed application form and application fee.

Academic Background: A four-year undergraduate degree from an accredited college or university is required for U.S. applicants. International applicants must have an undergraduate degree equivalent to a four-year U.S. degree. Undergraduate and graduate GPAs, GMAT or GRE scores (GRE or MCAT for joint degree candidates), choice of major, electives, course load, and grade patterns are all considered.

Leadership Potential: Demonstrated leadership and management experiences, both on the job and through extracurricular activities, will help us assess leadership potential. We look for individuals with at least two years of professional work experience.

Confidential Evaluations: Evaluations from employers provide perspective on potential student capabilities, enabling us to assess your qualifications more accurately.

Essays: Essays articulating career goals, work experience, and reasons for choosing the Rice MBA program are a crucial component of the application process. These essays are designed to convey intangibles such as reasons for pursuing an MBA; benefits of academic, professional and personal opportunities; and personal expectations of the Jones School experience.


Applicants
775
Acceptance Rate
27%
Average Undergrad GPA
3.32
Years Work Experience
5.2
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
640 - 710
GPA
3.11 - 3.62

Deadlines


Rolling Admission Deadline
June 6

Round 1
October 26

Round 2
January 4

Round 3
February 22

Round 4
April 4

Other Admission Factors

Academic

GMAT Score
Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic

Interviews
Extracurricular Activities
Work Experience
Other Factors

SCHOOL TYPE AND ACCREDITATION

School Type
Private

AACSB-approved
Yes

Selectivity Rating

Overall

From the School

Degrees Offered

The Jones School focuses all of its energy on graduate business education. A Rice MBA is available three distinct programs (Full-Time, MBA for Professionals and MBA for Executives) designed to accommodate students at every stage of their career. Also available are an MBA/Masters in Engineering (MBA/ME) in conjunction with the George R. Brown College of Engineering at Rice, and MBA/Professional Science Masters (MBA/PSM) in conjunction with the Wiess School of Natural Sciences at Rice, and an MBA/MD in conjunction with Baylor College of Medicine. Also available is the Master of Accounting (MAcc) degree which is a one-year degree program. The Jones School also offers a Ph.D. in Management to develop business school faculty.

Academic Programs

Every course offers unparalleled opportunity to work one-on-one with an accessible, involved, and energetic faculty. The Jones School faculty maintains an important balance between teaching and research, believing that current industry knowledge is as critical as textbooks to your education.

A comprehensive core curriculum focuses on managerial and leadership skills, ethics, information technology, and communication skills in addition to the functional areas. Students take elective credit hours, which allow them to custom design their curriculum to suit career goals.

Faculty

The Jones School's faculty is consistently recognized for their knowledge, research, teaching ability, and student focus. Each member of the Jones faculty maintains a balance between teaching and research, ensuring that students receive the most current, leading-edge education.

Recognized for their exceptional academic achievements as evidenced by peer-reviewed journal publications and other scholarly activity, the business school faculty at Rice University have distinguished themselves nationally and internationally. To find clear, quick translations of their bold ideas, try reading ricebusinesswisdom.com. It will change the way you think.


PROGRAM TYPES

Full-Time
Yes

Part-Time
Yes

Evening
Yes

Executive
Yes

Online
No

Faculty Information

Student/Faculty
5:1
Total Faculty
128

56
Full-time
44
Part-time
24
Female
4
Minority


Students Say

It’s safe to say that Rice University’s Jones Graduate School of Business is “highly regarded.” Armed with a “beautiful campus,” “great electives” and overall “well-rounded program,” it’s easy to see why tomorrow’s business leaders flock here. It also doesn’t hurt that the school has a reputation for offering “hefty financial aid [packages].” Additionally, given its prime Houston location, it’s probably not too surprising that the school’s “reputation in the energy industry is unparalleled.” Jones also posts “high ranking[s] in entrepreneurship” as well. And prospective students intending to enroll part-time will take heart in hearing that part-timers here “are seamlessly assimilated into the Rice student body.” A grateful first-year shares, “ I don’t feel like a ‘part time’ student, but as full[y] an MBA candidate as those students who are enrolled in the daytime program.”
Importantly, “small class sizes” help to ensure that strong relationships are forged with Jones’ “smart, engaging” professors. “Highly respected in their fields,” instructors here “are also excellent teachers that truly care about their students.” Indeed, they “are very quick to help, and are available in person, on the phone, or by email.” Students also give high marks to the “very responsive” administration that ensures that “Rice runs like clockwork.”


Sustainability

Courses in Sustainability
Yes

Sustainability course is
Recommended

Description
http://business.rice.edu/About_Strategy_Environment.aspx

Research Opportunities in Sustainability
Yes

Description
As an approved independent study course.

School's environmental commitment 1:
Nanotechnology and Sustainability Venture Forum, an annual event, held in February of each year. This forum highlights breakthroughs in energy, medicine and advanced materials. http://alliance.rice.edu/RA2011_2Column.aspx?id=759

School's environmental commitment 2:
Energy & Clean Technology Venture Forum, an annual event, highlights the "Most Promising Energy and Clean Technology Companies"http://alliance.rice.edu/2015_Energy_Venture_Forum/

Career overview

From The School

The Career Management Center (CMC) is housed within the Jones School building and works only with Rice MBA students and alumni. The CMC serves to support each student's development of a career plan throughout their two years at the Jones School. From day one of immersion to graduation, the CMC works individually with students to ensure they develop the strategy, job search skills, and networking opportunities that will help them succeed in the MBA job market.


Average Starting Salary
$110,391
Accepted employment by 3 months after graduation
91%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
69%
School Facilitiated
29%
Graduate Facilitated
2%
Unknown

Source Of Internship Acceptances
80%
School Facilitiated
20%
Graduate Facilitiated

Graduates Employed by Area of Practice

38%
Finance/Accounting
24%
Consulting
18%
Other
14%
Marketing
6%
General Management

Graduates Employed by Region

81%
Southwest
7%
West
6%
Northeast
6%
South
1%
International

Students Say

Rice MBAs certainly love to tout Jones’ career services office. As one first-year student excitedly shares, “The career center has been phenomenal in helping me think through future options and connecting me to people that can help me achieve my goals.” Overall, “the school is very well respected in the energy and investment banking industries.” Of course, it also doesn’t hurt that Rice’s plum Houston location “places it in close proximity to a large number of Fortune 500 companies.” An ecstatic second-year explains, “the Houston economy is exploding and we are the best school in the area and have our pick of most of the best jobs.” It’s also important to note that plenty of opportunity arises from other Jones graduates. As a thankful second-year student concludes, “Alumni are incredibly helpful and willing to meet. I have met with more than twenty alumni for coffee/drinks and never once been turned down.”
Companies that tend to hire Rice MBAs include Shell Oil, Goldman Sachs, Chevron, Deloitte and DuPont.

Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Finance / Accounting 38% $120,000 $107,018 $24,000 $150,000
Consulting 24% $132,500 $124,600 $88,000 $140,000
Other 18% $115,000 $108,923 $55,000 $140,000
Marketing / Sales 14% $100,000 $95,455 $26,000 $130,000
General Management 6% $115,000 $112,500 $105,000 $122,000

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Petroleum / Energy 24% $115,000 $115,600 $90,000 $140,000
Consulting 23% $135,000 $126,526 $95,000 $140,000
Financial Services 23% $125,000 $110,900 $55,000 $150,000
Technology 13% $101,500 $97,800 $26,000 $130,000
Pharmaceutical / Biotechnology / Healthcare 7% $78,800 $81,017 $55,000 $106,000
Consumer Products 6% $97,500 $98,750 $95,000 $105,000
Other 5% $105,000 $86,333 $24,000 $130,000

Prominent Alumni

James S. Turley
Retired Chairman & CEO of Ernst & Young (EY), and Honorary Director and former Chair of Catalyst’s Board of Directors (from 2009-2013)

Fran Vallejo
Vice President, Corporate Planning and Development, ConocoPhillips

Subha Barry
Vice President and General Manager, Working Mother Media

Keith Anderson
Chairman and Chief Investment Officer, Anderson Global Macro LLC, and former Chief Investment Officer for Soros Fund Management

Doug Lawler
President, Chief Executive Officer and Director, Chesapeake Energy

Overview

From The School

Tuition: $53,000 for the 2016-2017 academic year for the Full-Time program. The total two-year tuition for the MBA for Professionals program for students beginning in fall 2016 is $98,500 (evenings) or $102,000 (weekends). The total two-year tuition for the MBA for Executives program for students beginning in fall 2016 is $115,000.

Financial Aid: Over 82 percent of students attending the Full-Time MBA program receive merit-based scholarships. Rice University's Office of Student Financial Services also administers a variety of federally and privately funded loan programs. The Jones Graduate School has over 40 distinct, named, merit-based scholarships. Our top three flagship scholarships are: James W. Crownover Scholarship, The Military Scholars Program, The McNair Scholars Program sponsored by the Robert and Janice McNair Foundation. We are thrilled to support military veterans who are making a transition to civilian life after serving our country. In addition, we have been designated to be a 2016 Military Friendly school by Victory Media. The Jones Graduate School is focusing a portion of its recruiting efforts on U.S. veterans. This military student support encompasses scholarships, extensive funding of the Post 911 Yellow Ribbon Program, access to our renowned Veterans in Business Association (VIBA), along with a network of alumni and community members who support our military veterans.


Dates

Application Deadlines
May 15

Financial Aid Statistics

Average Aid Package
$43,218

Average Scholarship / Grant Aid Package
$31,204

Students Receiving Some Form Of Aid
90%

All Students Receiving Scholarships / Grants
86%

New Students Receiving Some Form Of Aid
85%

New Students Receiving Scholarships / Grants
81%

New Students Receiving Loans
31%

Tuition Full-Time (per year)

Tuition (In-State)
$53,000
Tuition (Out-State)
$53,000
Fees (In-State)
$3,093
Fees (Out-State)
$3,093

Expenses per Academic Year

Estimated Room And Board On-Campus
$13,275
Estimated Room And Board Off-Campus
$15,075
Academic Expenses
$2,600

Student Body Profile

Total Enrollment
617
Part Time
64%

In State
49.3%
Out of State
50.7%
Foreign Countries Represented
29

Demographics

9.30%
Minorities
27.90%
International

34% female
66% male

Campus Life

From The School

The Jones School attracts students both nationally and internationally. In fact, 36 percent of the first year students hail from outside the United States and an additional 18 percent are from outside of Texas. A variety of student organizations are available and many sponsor guest speakers, visit area businesses, and take on special projects. In addition, weekly corporate-sponsored "partios"—parties on the Jones School patio—provide relaxation and opportunities to network and bond with fellow students.

Students Say

Jones manages to consistently attract “thoughtful, engaging, smart [and] driven” students. Perhaps even more importantly, MBA candidates here tend to be “very friendly” as well. As one first-year student happily shares, “Everyone is looking out for each other.” Many individuals also report that their peers seem to have “a well defined work/life/study balance.” This can likely be attributed to the fact that a large number of students are “married or married with children.” Thankfully, you’ll also find “a broad range of personalities and backgrounds.” However, we are warned that while Jones is “internationally diverse” there’s a “very low number of African American students.”
It’s quite common for Rice MBAs to spend a good deal of time in their academic building. Hence, they relish the fact that “many study rooms and resources are available” and greatly appreciate that there are loads of “on campus food options.” MBA candidates also love the fact that the “university gym is across the street” making it “convenient to get some exercise in before or after class.” Best of all, the facilities are “in good condition,” “accessible” and “eco friendly.”
Finally, socially speaking, students proudly boast that “ there are more opportunities to get involved and network than you can take advantage of.” Indeed, there’s “an event every night if you can make the time.” As one content student explains in further detail, “We have a class party every Thursday where free food and beer is provided. Everyone brings their spouses and kids.” All of these activities help to affirm the conviction that the friendships and connections forged at Jones “will endure long after graduation.”

More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

From The School


Campus and Location

Rice University is located on a beautiful wooded 300-acre campus in central Houston, minutes from the downtown business district and the city's world-class theater district. The campus is located across the street from the renowned Texas Medical Center and within walking distance to the museum district, Houston Zoological Gardens, and Hermann Park.

Facilities

McNair Hall is the 167,000-square-foot home of the Jones School. It offers a state-of-the-El Paso finance center; the 14,000 square-foot Business Information Center (BIC) which makes this a great place to study along with reference rooms and full service library staff to assist with research; state-of-the-art tiered classroom seating with top notch information technology in the classroom to enhance the learning experience with wireless networks, touch-panel technology, multiple AV source options, customized lighting system, and wireless microphone accessibility; behavior research and observation room for marketing research and interviews; a 450-seat auditorium; multiple break-out rooms located throughout the building to accommodate group work and student club meetings; Office of Student Services house a dedicated team who assist students with all academic and social initiatives throughout the MBA experience; Career Management Center dedicated for fostering student leadership and professional development as well as connect those students with resources and careers to build upon those strengths.


Contact
Sue Oldham
Executive Director of Admissions

Address
MBA Admissions, PO Box 2932 - MS 531
Jones School
Houston, TX 77252-2932
United States

Phone
888-844-4773

Fax
+1-713-348-6147

Email
ricemba@rice.edu

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