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 www.business.rice.edu

Overview

Applicants
763
Acceptance Rate
26%
Average Undergrad GPA
3.40
Years Work Experience
5
Average Age
28

Test Scores

GMAT
640 - 710
GPA
3.13 - 3.69

Deadlines


Rolling Admission Deadline
June 8

Round 1
October 27

Round 2
January 5

Round 3
February 23

Round 4
April 6

Other Admission Factors

Academic

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

Interviews
Extracurricular Activities
Work Experience
Other Factors

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 in conjunction with the George R. Brown College of Engineering at Rice, and an MBA/MD in conjunction with Baylor College of Medicine. 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.

Students Say

Learning at the Jones School at Rice University is a collaborative effort. So much so that students may feel they are “learning just as much from [their] classmates as from [their] teachers.” The diversity of the student body in ethnicity, background, and thought lends to a broad range of topics and discussions in the classroom and a vast array of “different ideas” to consider. The small program and small class size means “everybody is on a first-name basis with each other,” and creates a family-like environment.

The state of Texas is a selling point for many pursuing the finance and energy fields. The school’s “convenient” Houston location offers “the greatest exposure to the energy industry” and the school’s “reputation is the best in town.” Students will have to work hard to earn their degrees here. “The first semester of first year is extremely competitive, but eases as the program progresses.” Upon being accepted to Rice, one must be well organized. “The work load is very heavy, which teach[es] the students how to multi-task, prioritize, and be efficient with time.”

The success of the Jones School program can in part be attributed to continual improvements by administration. “The school is constantly looking for feedback and addressing issues on an ongoing basis.” The school really is what each student makes of it. “Every student has the opportunity to make a positive impact, improve the program, and contribute to the overall experience.” A high-quality and “accessible” teaching staff is also a hallmark at Jones School. “The professors are very approachable and willing to discuss numerous topics. Overall the academics have been challenging but rewarding.” Professors provide a perfect mix of academia and research for an enriching classroom experience, and they are also keenly aware of the content that each colleague is teaching at any given time. “This creates a holistic program wherein each class complements the others.”

Campus facilities are described as “very nice” and “new,” and the environment is remarkably “clean.” Although course offerings and networking opportunities are rich in the finance and energy fields, some would like to see this carry over to other areas of study. “National recognition” was also mentioned as an area of potential weakness. Although the school’s graduates are well received in the immediate areas of internships and job placement, Rice could still stand to “build [a] better national brand.”


Faculty Information

Student/Faculty
6:1
Total Faculty
129

54
Part-time
46
Full-time
21
Female
3
Minority


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. One presentation this year highlighted 'Applications in Water Purification and Reuse'.

School's environmental commitment 2:
Energy & Clean Technology Venture Forum, an annual event, highlights the "Most Promising Energy and Clean Technology Companies"

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.

Career Rating
98
Average Starting Salary
$102,740

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
65%
School Facilitiated
35%
Graduate Facilitated
2%
Unknown

Source Of Internship Acceptances
65%
School Facilitiated
35%
Graduate Facilitated
2%
Unknown

Graduates Employed by Area of Practice

40%
Finance/Accounting
28%
Consulting
9%
Marketing
8%
Operations/Logistics
8%
Other
7%
General Management
1%
Information Technology

Graduates Employed by Region

89%
Southwest
4%
West
2%
Mid-Atlantic
1%
International
1%
Northeast

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 40% $100,000 $102,119 $70,000 $125,000
Consulting 28% $110,000 $110,640 $70,000 $140,000
Marketing / Sales 9% $102,500 $100,313 $81,500 $120,000
Operations / Logistics 8% $107,000 $97,500 $80,000 $108,000
Other 8% $95,000 $95,714 $80,000 $110,000
General Management 7% $88,500 $90,750 $60,000 $130,000
Information Technology 1% $0 $0 $0 $0

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 32% $100,000 $100,385 $80,000 $120,000
Consulting 23% $120,000 $113,190 $70,000 $140,000
Financial Services 20% $100,000 $103,583 $70,000 $125,000
Pharmaceutical / Biotechnology / Healthcare 10% $85,000 $86,889 $60,000 $110,000
Technology 8% $98,000 $99,500 $95,000 $105,000
Real Estate 3% $105,000 $105,000 $80,000 $130,000
Consumer Products 1%
Manufacturing 1%

Prominent Alumni

James S. Turley
Chairman and CEO, Ernst & Young LLP

Fran Vallejo
Vice President & Treasurer, ConocoPhillips

Lee Boothby
CEO, Newfield Exploration Company

Chris Kreidler
CFO, Sysco Corporation

Kimberly C. David
Senior VP and CFO, Baylor College of Medicine

Overview

From The School

Application fee: $125

Tuition: $44,000 for the 2011 2012 year.

Total estimated expenses: approximately $60,000 per year

Financial Aid: Over 80 percent of students attending the Jones School receive merit-based scholarships. Rice University's Office of Student Financial Services also administers a variety of federally and privately funded loan programs.

Dates

Application Deadlines
May 15

Financial Aid Statistics

Average Aid Package
$42,975

Average Scholarship / Grant Aid Package
$33,320

Students Receiving Some Form Of Aid
96%

All Students Receiving Scholarships / Grants
94%

New Students Receiving Some Form Of Aid
95%

New Students Receiving Scholarships / Grants
92%

New Students Receiving Loans
31%

Tuition Full-Time (per year)

Tuition (In-State)
$51,400
Tuition (Out-State)
$51,400
Fees (In-State)
$3,005
Fees (Out-State)
$3,005

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
562
Out of State
23%

In State
100%
Foreign Countries Represented
40

Demographics

12.00%
Minorities
35.00%
International

35% female
65% male

Campus Life

From The School

The Jones School attracts students both nationally and internationally. In fact, 25 percent of first year students hail from outside the United States and 23 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.
McNair Hall is the 167,000-square-foot home of the Jones School. It offers a state-of-the-El Paso finance center; the Business Information Center (BIC); tiered classrooms; behavior research and observation room for marketing research and interviews; a 450-seat auditorium; and a career planning center. Fully loaded laptops are provided to all students, and the Jones School is equipped to make sophisticated use of electronic access.

Students Say

The gym is a popular place for busy students to “vent stress and keep healthy while taking on a rigorous course load.” Its location “right in front of the business building” provides ample opportunity for a quick “Ping-Pong game break” or even a “squash game” to invigorate students during study sessions. Many students praise the school’s administration, which “works very hard to create a fun community for both academic and social events.” Administrators are even known to send emails to students “whenever there is free food after an event.” “Facilities and amenities are second to none at Rice.”

The campus is full of students who are “goal driven, smart, [and] diverse,” and who “are always willing to lend a helping hand.” When students are not visiting the “tons of clubs” or bars and restaurants on campus, they venture into Houston where people “are incredibly welcoming and friendly.”


More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
Melissa Blakeslee
Executive Director of Admissions

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

Phone
888-844-4773

Email
ricemba@rice.edu
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Key Stats

763
Applicants
562
Size
26%
Acceptance Rate

Rankings & Lists