The Leading Independent Resource for Top-tier MBA Candidates
Sue Oldham

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.

Read more

Jones MBA faculty consists of nearly 40 professors. They teach across 13 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. Classes take place during the day Monday through Thursday, and a two-year leave from the workforce is recommended. Furthermore, for the first year, students build up their knowledge of business fundamentals. 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.

Students need 60 credits to graduate. The first year is dominated by the core curriculum, whereas the second year is fully electives. 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 most recent class consisted of 165 students, with 59 choosing to attend classes on the weekend and the remainder attending evening classes. Their average was 3.3 and their average GMAT was 629. 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.

With an emphasis on decision-making, leadership and strategy, the MBA for Executives 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.

Degree Offerings at Jones
Two-Year MBA

MBA for Professionals

MBA for Executives

Read more

Clubs, Conferences, & Competitions
Almost all Rice students participate in student clubs, and there are over 35 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.

Read more

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 2015, 93% of MBA students received a job offer within three months following graduation. In addition, the average salary for graduates was $109,901, with an average signing bonus of $25,969. The top fields for graduates included financial services, consulting, and petroleum/energy. Nearly a quarter of the Class of 2015 entered financial services, and just under 24% chose consulting or the petroleum/energy industry.

Read more

The Class Profile
For the 2016 year, there were 109 incoming MBA students with an average GMAT of 676 and an average GPA of 3.4. Most students have around 5.4 years of work experience. In addition, 32% of the class is made of women, whereas 34% of it is comprised of foreign nationals. Thirty-six percent of students had majored in business or economics. Another 38% had studied math/science/engineering, while the remaining 26% had majored in liberal arts or other studies.

Application Procedures
The application deadlines for the full-time MBA are October 5, January 9, and April 7. 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)
Read more

For the 2016-17 school year, tuition is $53,000 per year, with an estimated total cost of $82,895. Therefore, the estimated total cost of the program is $165,790. The fees are billed in 50 percent increments for the fall and spring semesters. 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 percent 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 one-hundred percent 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: $53,000
  • 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: $82,895
Read more



Deadlines for 2016-17

Round 1: October 5, 2016 Decision: December 15, 2016

Round 2: January 9, 2017 Decision: April 5, 2017

Round 3: April 7, 2017 Decision: May 10, 2017

Read More


Class Size110
Mean GMAT690
Mean GPA3.3

Essay Topic Analysis

Need help with your essays? Get our experts' advice.

Recommendation Questions

Not available

Recent Rice / Jones News

The HERWorld Energy Forum at Rice’s Jones Graduate School of Business

Bridging the gender gap in business has been an increasingly hot topic in recent years. As evidenced by the Fearless Girl statue facing off against the Charging Bull on Wall Street, and the women’s

Top #MBA Tweets of the Week: #Rankings

U.S. News & World Report just released their list of top business schools; in this edition of Top #MBA Tweets of the Week, we take a closer look at how the business school community reacted to the

7 Takeaways from the 2018 U.S. News Business School Ranking

The schools making up the top 10 in this year’s U.S. News & World Report ranking of the nation’s best MBA programs—released today—were exactly the same as last year. That said, there are a

Top #MBA Tweets of the Week: #InternationalWomensDay

Across the globe, people spent International Women’s Day in recognition of women’s achievements and a call for gender parity; in this edition of Top #MBA Tweets of the Week, we take a closer look

Deadlines & Events

MBA LiveWire for Rice / Jones

Application results in real time, submitted by site visitors.
May 11, 2017 11:30am
Waitlisted via email.
GPA: 3.8. GMAT: 690.
May 9, 2017 2:53pm
Interview Invite via email.
GPA: 3.44. GMAT: 650.
April 19, 2017 9:22am
Applied via n/a.
GPA: 3.44. GMAT: 650. TX.
April 7, 2017 10:41am
Applied via n/a.
GPA: 3.1. GMAT: 710. Tx.
April 7, 2017 10:39am
Applied via n/a.
GPA: 3.1. GMAT: 710. Tx.

DecisionWire for Rice / Jones

Enrolled: Rice / Jones
Admitted: Rice / Jones
Post-MBA Career: Technology
Enrolled: Rice / Jones
Admitted: Rice / Jones, UT Austin / McCombs
GMAT: 680 GPA: 3.87
Enrolled: Rice / Jones
Admitted: Georgetown / McDonough, Rice / Jones
GMAT: 590 GPA: 3.70
Post-MBA Career: Finance
Enrolled: Rice / Jones
Admitted: Rice / Jones, Vanderbilt / Owen
GMAT: 690 GPA: 3.1
Post-MBA Career: Finance