Jones Graduate School of Business – Rice University
The Jones Graduate School of Business at Rice University, located in the heart of Houston, Texas, offers full-time and Professional MBA programs as well as an Executive MBA and a Hybrid MBA. The school provides targeted career management resources, and Fortune 500 organizations often recruit from Jones. With a prominent faculty and specialized concentrations that can be tailored to each student’s career path, the Rice Jones Graduate School of Business MBA appeals to professionals from many different backgrounds.
What is the tuition for Jones’ MBA program?
The tuition for Jones’ MBA program is $60,940 per year. The total cost of the Jones’ MBA program is $92,421 per year; this includes budgeted living expenses.
What is the average GMAT score for admission to Jones’ MBA program?
The average GMAT score for the incoming class at Jones is 706. The GMAT range is middle 80% 660 – 740.
Does the Jones’ MBA program accept the GRE?
Yes. The Jones MBA program has accepted the GRE for a few years now.
What is the average GRE score for admission to Jones’ MBA program?
Jones does not publish an average GRE score for its incoming class, but does accept the GRE for admissions.
What is the minimum number of years of work experience required for admission to Jones’ MBA program?
Jones does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 5.4 years of experience.
What is the average number of years of work experience for admission to Jones’ MBA program? (or, What is the average age of a Jones student?)
The average number of years of work experience among students in Jones MBA program is 5.4. The average age of a Jones MBA student is 28 years.
What is the average starting salary for graduates of the Jones MBA program?
The average starting salary for Jones’ MBA graduates is $113,287. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.
How long is Jones’ full-time MBA program?
Jones offers a traditional 2 year MBA program.
What are the application deadlines for Jones’ full-time MBA program?
The Round 1 MBA application deadline is October 11, 2019. The Round 2 application deadline is January 3, 2020. The Round 3 deadline is April 3, 2020.
What percent of Jones’ MBA students are women?
The percentage of the class at Jones that are women is 31%.
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The Class Profile
The Class of 2020 hosts 118 students with an average GMAT of 706 and an average GPA of 3.3. Students arrived with an average of 5.4 years of work experience. Women comprise 31% of the class and 24% are international.
Applicants have three rounds in which they can apply, with deadlines typically landing in October, January and April. All applicants must hold a four-year degree from an accredited U.S. institution, or the international equivalent. Official transcripts, GMAT/GRE scores, TOEFL/IELTS/PTE scores are also required. Other elements of the application include a résumé, a recommendation from a current direct supervisor (two from other supervisors are required if not attained from a current direct supervisor), and admissions essays. Candidates may be invited to interview after a review of the application.
- Completed online application
- Required essays
- Professional resume
- Unofficial copies of test scores
- Letters of Recommendation
- Unofficial copies of your transcripts
- Application fee paid
- Admissions Interview completed
Essay Topic Analysis
Rice / Jones Essay Topic Analysis
The following essay topic analysis examines Rice University’s Jones Graduate School of Business (Jones) MBA admissions essays for the 2019-2020 admissions season. You can also review essay topic analyses for all other the leading MBA programs as well as general Essay Tips to further aid you in developing your admissions essays. Rice / Jones Essay Topic […]
Rice / Jones MBA Recommendation Questions
For the Jones School of Business at Rice University, the recommendation questions for the MBA application are below. The Jones MBA uses the Common Letter of Recommendation from GMAC. 2019-2020 Rice MBA Recommendation Questions Section 1: Recommender Information Context of Relationship: Current employer Previous employer University / Academic Extracurricular / community Other Nature of relationship […]
Rice / Jones MBA Interview Questions & Report: Round 1 / Second-year Student / On-Campus
The following Rice / Jones MBA interview questions and report were submitted to Clear Admit by a Round 1 Applicant. Good luck to them! Pleasant interview experience. Fairly short at 30 minutes. A female 2nd year interviewed me. She didn’t have my background and was genuinely passionate about the school. Interview was informal and relaxed. She had my résumé […]
Admissions Director Q&A: Janice Kennedy of Rice University’s Jones Graduate School of Business
We continue our ongoing Admissions Director Q&A series with the Executive Director of Recruiting and Admissions, Janice Kennedy, of Rice University’s Jones Graduate School of Business. Kennedy joined the school this year on the heels of a long career in commercial leadership roles within pharmaceutical, consumer packaged goods, and consulting. Kennedy brings the career view […]
Admissions Director Q&A: Sue Oldham of Rice University’s Jones School of Business
“What a breath of fresh air,” Sue Oldham wrote in an email after we spoke recently. “It’s evident that you love your job.” Indeed, I do love the parts of my job that involve great conversations like the one Oldham and I shared. Read on, and it’ll be just like you were there listening in. […]
Rice-jones LiveWire and DecisionWire
Jones MBA faculty consists of nearly 150 professors, assistant professors, adjuncts and lecturers. They teach across eight academic fields and contribute their ongoing research to the school’s publication, Rice Business Wisdom. The professors bring both academic research and real-world business knowledge to the classroom.
The 22-month full-time MBA is a cohort-based program designed to work for a variety of students. Students need 60 credits to graduate, and classes take place during the day Monday through Thursday. Before the start of classes, new students partake in the Rice MBA Program Immersion to prepare for the program. The Immersion is mandatory and entails several orientation activities as well as courses, team building and social events. International students arrive a week earlier than domestic students and partake in activities to help them adjust to the new culture, before joining the Rime MBA Program Immersion.
The first year is dominated by the core curriculum, which includes such disciplines as finance, marketing, accounting and communications. Overall, 31.5 credits come from core requirements in the first year. After a summer internship designed to help students pursue relevant career options, MBA candidates return for a second year to pursue more customized learning in specific areas of interest. In the second year, students can choose from 115 electives and may pursue concentrations in accounting, energy, entrepreneurship, finance, health care, marketing, mastering creativity & innovation, operations management, real estate, or strategic management. The creativity & innovation concentration is noteworthy because it teaches students to utilize creative, entrepreneurial ideas for new business development and economic benefit.
Other Degree Offerings
In addition to the full-time MBA, Rice also offers the professional MBA as well as an MBA for Executives. The professional MBA is a 22-month long program with classes on evenings and weekends. It is also offered on an extended three- to five-year basis to maximize flexibility for working professionals. The curriculum is structured like the full-time MBA—the first year is dedicated to core requirements, and the second year focuses on electives.
With an emphasis on decision-making, leadership and strategy, the executive MBA is designed for experienced executives. The program lasts 22 months with classes held on alternating weekends. There are also four required weeklong executive forums and a required international forum.
For those who need flexibility, Rice offers a hybrid MBA, [email protected] The program requires 54 credits and takes 24 months to complete. To graduate, students must complete the required classes, offered live online, and complete two residential intensive learning experiences, a global field experience, and a capstone consulting project.
Degree Offerings at Jones
Clubs, Conferences, & Competitions
Almost all Rice students participate in student clubs, and there are nearly 50 options available. They are a great way for students to socialize, network, and gain leadership experience. For instance, industry-specific groups for students interested in real estate or marketing are available, in addition to affinity groups such as the Veterans in Business Association.
Rice also offers myriad other activities. In terms of conferences, the Rice Energy Finance Summit (REFS) is a yearly conference run by students to spark conversations about current issues in the energy industry. Past sponsors have included Chevron, Phillips 66, and EOG Resources. Students may also partake in a weeklong visit to Wall Street to meet with alumni and business professionals in the finance industry. The Silicon Valley Trek is a similar option for those interested in meeting entrepreneurs and venture capitalists in the tech capital. The Rice Business Plan Competition is a nationally recognized event that supports entrepreneurship and the launch of technology companies.
The Jones Graduate School of Business is located in Janice and Robert McNair Hall. The 160,000-square-foot building is located near the Jake Hess Tennis Stadium and Farnsworth Pavilion. Housing is provided off-campus in two apartment complexes, which are designated for non-married students, married students and families.
The Jones Graduate School of Business’s Career Development Office hosts workshops and works with students individually to help them prepare for summer internships and hone their job-searching skills. In addition, the school has relationships with many Fortune 500 organizations. Top recruiters for Rice MBA students include Deloitte, ExxonMobil, and Goldman Sachs.
For the MBA Class of 2018, 95.6% of MBA students received a job offer within three months following graduation. Financial services had the highest rates of employment, at 22%. Energy and technology followed at 20% and 17%, respectively. Consulting claimed 15% of the Class of 2018, while 7% of graduates entered the real estate field.
More than 85% of graduates stayed in the Southwest region of the United States. The Northeast was a distant second, with just over 4% of graduates choosing to settle there. The rest of the students scattered across other regions of the United States.
For the 2019-20 school year, tuition is $59,750, with an estimated total cost of $90,231. Other expenses include fees, parking, insurance and room and board. Students are encouraged to utilize loans, a semester payment plan, or military benefits for financing.
Scholarships are widely available for MBA students. For instance, merit scholarships were awarded to more than half of the incoming full-time class. Numerous merit scholarships are available, and they may cover 10% to 100% of tuition. Applications are automatically considered for scholarships upon submission. In addition, the Military Scholars program may cover tuition and fees for veteran military applicants. Lastly, the Crownover Scholars Program awards full scholarship support to students who meet strong academic credentials.
Estimated Cost of Attendance
- Tuition: $60,940
- Fees: $3,412
- Parking: $922
- Health Insurance: $2,682
- Room & Board: $13,275
- Books & Supplies: $4,700
- Personal Expenses: $2,925
- Transportation: $2,565
- Total: $92,421
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