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Jones Graduate School of Business – Rice University

The Jones Graduate School of Business at Rice University in the heart of Houston, TX, offers full-time and part-time MBA programs, as well as an MBA for Executives. 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.

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Jones MBA faculty consists of nearly 150 professors, assistant professors, adjuncts and lecturers. They teach across 12 academic fields of interest 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 part-time MBA for Professionals as well as an MBA for Executives. The MBA for Professionals 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 is dedicated to electives.

Academic Fields of Interest

  • Accounting
  • Communication
  • Energy
  • Entrepreneurship
  • Finance
  • General Management
  • Healthcare
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Real Estate
  • Strategy and Environment

Degree Offerings at Jones

Two-Year MBA

MBA for Professionals

MBA for Executives

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Clubs, Conferences, & Competitions

Almost all Rice students participate in student clubs, and there are nearly 40 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.

Campus Spaces

The Jones Graduate School of Business is located in Janice and Robert McNair Hall. The 167,000-square foot building is located near the Jake Hess Tennis Stadium and Cameron Field. Housing is provided off-campus in one of three apartment complexes, which are designated for non-married students, married students and families.

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Career Services

The Jones Graduate School of Business’s Career Management Center 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.

Career Statistics

For the MBA Class of 2016, 86% of MBA students received a job offer within three months following graduation. In line with the trends at business schools, financial services and consulting had the highest rates of employment, at 27% and 24% respectively. Technology and petroleum/energy followed at 15% each. Pharma/biotech/healthcare claimed 6% of the Class of 2016, while 5% of graduates entered the real estate field.

More than 80% of graduates also stayed in the Southwest region of the U.S. The West was a distant second destination, as just over 6% of graduates chose to settle there. The rest of the students splayed across other regions of the U.S.

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The Class Profile

The Class of 2019 hosts 118 students with an average GMAT of 711 and an average GPA of 3.34. Students arrived with an average of over five years of work experience. Women comprise 34% of the class and 31% are international.

Application Procedures

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.

Application Checklist

  • Official GMAT or GRE test scores
  • Official academic transcripts from all prior institutions
  • Professional Resume
  • One recommendation from current direct supervisor or two recommendations from other supervisors
  • Admissions Interview
  • Application Fee ($200)
  • Official TOEFL, PTE or IELTS academic score report (for international students)

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For the 2018-19 school year, tuition is $58,000, with an estimated total cost of $88,000. 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 82% of the incoming full-time class, covering an average of 60 percent of the tuition. Over 40 named 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: $58,000
  • Fees: $3,093
  • Parking: $833
  • Health Insurance: $2,504
  • Room & Board: $13,275
  • Books & Supplies: $4,700
  • Personal Expenses: $2,925
  • Transportation: $2,565
  • Total: $87,895

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Class Size118
Mean GMAT711
Mean GPA3.34

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P.O. Box 2932-MS 531
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MBA LiveWire for Rice / Jones

Application results in real time, submitted by site visitors.
January 22, 2019 9:26am
Interview Invite via email.
GMAT: 680.
January 14, 2019 11:40pm
Interview Invite via email.
GPA: 3.85. GMAT: 700.
December 14, 2018 7:04pm
Rejected via email.
GPA: 3.4. GMAT: 660.
December 13, 2018 9:21am
Accepted via phone.
GPA: 3.6.
December 13, 2018 1:50am
Accepted via phone.
GMAT: 740. India.

DecisionWire for Rice / Jones

Enrolled: Rice / Jones
Admitted: Rice / Jones
GMAT: 710 GPA: 3.1
Post-MBA Career: Other
Enrolled: None
Admitted: Rice / Jones, Washington U. / Olin
Enrolled: Rice / Jones
Admitted: Rice / Jones
GMAT: 710 GPA: 3.72