Jones Graduate School of Business (Rice University)

About #

City: Houston
State: Texas
Country: United States

Founded in 1974 and located in the most diverse city in the U.S., The Jones Graduate School of Business at Rice University is a small school which strives to realize their big ideas. Jones emphasises the small size of its student body, whereby classmates and professors know each other by name. The average class size at Jones is 40 students with the student to faculty ratio being 9:1. Because of its size, Jones students learn strong collaboration skills and build lasting connections. With team-based learning, and opportunities to take up leadership roles, students become part of a university where their voices are heard and their opinions matter. Central to the mindset of Jones students and faculty is their entrepreneurial spirit. Teaching at Rice is forged by this entrepreneurial mindset, meaning students graduate from Jones with the toolkit necessary to become the entrepreneur of their dreams to create the change they have been striving for.

Ranking #

#32 Financial Time 2021 Global MBA Ranking
#79  QS Global MBA Rankings 2021
#25 USNews – Best Business Schools
#17 USNews – Part-time MBA

MBA Program Overview #

The Full-time MBA program at Jones is one of the most Diverse MBA programs offered in the U.S. 2 years in length, the program has a tight knit community of 7,000 alumni nationally recognized faculty. Students learn through experiential learning opportunities and are given skills in strategic thinking, problem solving, leadership and more. Students who attend Jones have a strong entrepreneurial mindset. International opportunities at Jones are also offered, from a global experience built into the curriculum to short-term consulting projects. The program at Jones was designed for students who are looking for a transition where they are wanting to expand their quantitative knowledge and gain skills which are highly sought after by employers.

Year One Description #

All students must participate in the core curriculum during their first year. These courses are foundations for students to succeed during the entire program. At the end of the spring semester, students embark on the global field experience. They also can select elective courses or customize their core courses to better suit their interests and needs.

Fall Semester

  • Managerial Economics
  • Data Analysis
  • Negotiations
  • Leadership
  • Financial Accounting
  • Organizational behaviour
  • Finance
  • Marketing

Spring Semester

  • Corporate Social Responsibility
  • Operations Management
  • Strategy II: Formulation & Implementation
  • Managerial Accounting
  • Leading Change

Year 2 Description #

During the second year, students can expand their horizons by choosing from over 100 different elective courses. Students can also choose to participate in specialization areas. These areas are:

  • Accounting
  • Energy
  • Entrepreneurship
  • Finance
  • HealthCare
  • Marketing
  • Operations Management
  • Real Estate
  • Strategic Management

Featured Professors #

Yael Hochberg

Professor Buraschi is the Finance Chair at Imperial College Business School. His research interests include Financial Economics, Asset Pricing and Derivatives, and Financial Econometrics. He has worked previously at the University of Chicago Booth of Business as well as London Business School and Columbia University. His work has been published in numerous journals, including the Journal of Finance, The Journal of Financial Economics, among others. He also received numerous awards for his work and teaching capabilities.

Kerry Back

Professor Back in the J. Howard Creekmore Professor of Finance. His research interests include Asset Pricing Theory and Empirics, Market Microstructure, Auction Theory and Corporate Investment. he has authored two textbooks including Asset pricing and Portfolio Choice Theory and A Course in Derivative Securities. He worked previously at Northwestern University, Indiana University, Washington University and Texas A&M.

Application Process #


Required from any institution attended where more than 9 credit hours were earned.



Foreign Language Requirements

Required for international applicants whose most recent degree was not taught in english and who had not studied in an English speaking country for at least 1 semester and/or did not work for at least 1 year in an english speaking country.

Essay Description

Required Essay #1

The Rice Business experience is designed to inspire our students to become future business leaders. How did your path, from both a professional and a personal perspective, guide you to where you are today, and how will Rice Business fit into where you would like to go next? You can answer in essay form (500 word limit) OR video form (one to three minute time limit)

Required essay #2

Few in history have experienced a global event that has reached all corners of the world. During the impact of recent global activities, we have all been affected in different ways and have had to operate with ambiguity. What was the biggest lesson you learned during this moment in history and how will you carry this lesson forward as a future leader when having to make decisions with incomplete information?

You can answer in essay form (500 word limit)

Required essay #3:

Choose from the following topics:

What movie, song, or book has most influenced your life and the way you view the world? Why? 

A picture is worth a thousand words. Choose a picture from your life that you value and tell us the story of that picture – but only in 500 words or less. Feel free to share the photo! 

Houston is one of the most diverse cities in the United States, and food is a large part of these cultures. If you had to design a 3-course menu to prepare for your future MBA core team, what would be on the menu that showcases more about who you are? 

You can answer in essay form (500 word limit) OR video form (one to three minute time limit) Please note that a total of one video can be submitted, so choose video for essay 1 or essay 3, but not for both.


One letter from a direct supervisor or two professional recommendation letters. Up to 3 recommendation letters are allowed.


  • 70% focus on work experience
  • 10% on Education
  • 20% on other relevant information


Traits to emphasize: Entrepreneurial Spirit, Diversity, Team-Oriented

Average GMAT score: 689

Costs #

  • Program cost: $109,903 (2 years)
  • Books and Supplies: $2200 (2 years)
  • Health Insurance: $5160 (2 years)

Class Profile #

  • Program length: 2 years
  • Total Enrollment: 174
  • Average Age: –
  • Women: 34.90%
  • US Minorities: 20.60%
  • International Students: 14.90%
  • Average GPA: 3.41
  • Employment Information: Class of 2019
  • Accepted an offer: 88.8% (within 3 months)
  • Median Salary: $123,786
  • Median Signing Bonus: $33,828 

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