Jesse H. Jones Graduate School of Business
Seal of Rice University
|Motto||Leading thought, shaping the world|
|Location||Houston, Texas, USA|
|Affiliations||The Washington Campus|
||The neutrality of this article is disputed. (August 2013)|
Located on a 285-acre wooded campus, The Jesse H. Jones Graduate School of Business is one of the academic units of Rice University in Houston, Texas and one of the world's leading business schools. Named in honor of Jesse Holman Jones, a prominent Houston business and civic leader, the school received its initial funding in 1974 through a major gift from the Houston Endowment Inc., a philanthropic foundation established by Jones and his wife, Mary Gibbs Jones. The Jones School is distinguished by its strong foundation in accounting, finance, marketing, organizational behavior and management with areas of excellence in energy, entrepreneurship and health care. Degree programs include the Rice Master of Business Administration (MBA), MBA for Executives, and MBA for Professionals. In addition, the school offers several joint degree programs, including the MD/MBA with Baylor College of Medicine, MBA/ME with Rice’s George R. Brown School of Engineering, and MBA/MS with Rice’s Wiess School of Natural Sciences. A Ph.D. in Business — in marketing, finance, strategic management, and accounting — attracts candidates aspiring to become faculty at business schools in prestigious research universities internationally. The Jones School also provides an undergraduate business minor and full schedule of non-credit executive education open enrollment and customized courses for business and industry, along with certificates in finance and accounting, health care, and marketing.
The Rice Alliance for Technology and Entrepreneurship is Rice's flagship entrepreneurship initiative based on a strategic alliance among the schools of engineering, science, and business. Since its inception in late 1999, the Rice Alliance has assisted in the launch of over 1,500 start-ups which have raised more than $2.9 billion in funding. The Rice Alliance is host to the Rice Business Plan Competition, the world's largest and richest student startup competition with nearly $3 million in prizes. The Rice Alliance was ranked No. 1 among top university business incubators in 2013 and 2014.
The Jones School is located in the city of Houston, second to New York in the number of Fortune 500 companies located here. Houston ranks second in employment growth rate and fourth in nominal employment growth among the 10 most populous metro areas in the US. In 2006, the Houston metropolitan area ranked first in Texas and third in the U.S. within the category of "Best Places for Business and Careers" by Forbes magazine. Forty foreign governments maintain trade and commercial offices here and the city has 23 active foreign chambers of commerce and trade associations. Twenty foreign banks representing 10 nations operate in Houston and provide financial assistance to the international community. Houston is recognized world-wide for its energy industry, biomedical research, and aeronautics. The Port of Houston ranks first in the United States in international commerce, and it is the sixth-largest port in the world. The Texas Medical Center, across the street from Rice University, contains the world's largest concentration of research and healthcare institutions.
- The Rice MBA Full Time program
Rice University's Master of Business Administration was designed to help students be more effective in today's ever-changing business world. The curriculum was developed with three goals in mind: maintain the traditional academic rigor and preparation that is synonymous with the Rice MBA, create a delivery format that maximizes the student learning experience, and provide students with the flexibility to cutomize the curriculum to meet their needs. The full-time program is consistently ranked among the top tier of business schools by multiple publications including Businessweek, U.S. News & World Report, Financial Times and the Economist. The most recent 2013 edition put it among top 25 programs, tied with other elite private institutions such as Notre Dame and Vanderbilt. The practical learning approach of the full-time MBA curriculum effectively transforms the way you learn by blending three essential elements to improve and amplify our students’ strategy, leadership and creative credentials: 1. A comprehensive core of courses in finance, accounting, data analysis and marketing that builds a solid foundation of fundamental business principles in small approachable classes. 2. The Action Learning Project – placing our MBA candidates in real world projects as soon as they walk into class. Plus summer internships and numerous field-project-oriented electives offer you ample opportunities for practical experience. 3. Specialized concentrations in finance, marketing, accounting, health care, energy, management consulting, global business, entrepreneurship and real estate allow you to demonstrate functional expertise in a particular area of interest. The curriculum is intended to allow students to build a strong general management foundation in the first year, while providing the flexibility to tailor the curriculum to their professional needs in the second year of the program. Second year customization allows students to declare up to two concentrations or to take a more generalist approach and select from the over 40+ electives offered.
MBA students have the option of declaring up to two concentrations to focus on during their second year of the program. The goal of a concentration is to provide students with the ability to demonstrate functional,
- MBA for Executives
The curriculum allows experienced professionals to examine business concepts and issues from a strategic perspective. Financial Times recently ranked the program at #40 in the world and #11 in the United States, making the program the highest ranked EMBA program in the South. Further, the EMBA program has been ranked #41 and #39 in the world for 2010 and 2009, respectively.
Classes meet every other Friday and Saturday for two years, with breaks at Christmas and over the summer. Each semester is divided into 2 terms, with an Intensive Learning Workshop (ILW) occurring between each first and second term. First year classes provide students with a base in essential functional areas, including accounting, finance, leadership, strategy and marketing. The ILWs provide an experiential learning opportunity for students to further explore negotiation, communication, and other managerial skills in the context of these functional areas. In the second year, students may take electives in order to examine functional areas in greater detail. They must also complete one international course and several capstones. The International Business Briefing, which satisfies the international requirement, brings students to a foreign country to learn about cultural differences in the business world. Students must complete 57 credit-hours in order to graduate. The Rice MBA for Executives is accredited by AACSB International.
- MBA for Professionals
The Rice MBA for Professionals offers women and men to earn a Rice degree while continuing to work. The Rice MBA for Professionals students have the same learning experience, faculty, facilities, and career services as do the MBA and MBA for Executives students. MBA for Professionals program was ranked 6th in the nation by BusinessWeek in 2011 and ranked 21st in the U.S. News & World Report in 2011.
- Joint MBA/ME with the George R. Brown School of Engineering
The MBA/ME Program at Rice University offers a Master of Business Administration from the Jones School and a Master of Engineering from Rice's school of engineering. Graduates will learn the skills necessary to guide technology firms through rapid change and development.
- Joint MD/MBA with Baylor College of Medicine
The MBA/MD Program allows students to obtain a Master of Business Administration from the Jones School and a Doctorate of Medicine from Baylor College of Medicine. The program answers the growing demand for skilled managers in the health care industry.
- Joint MBA/MS with the Wiess School of Natural Sciences
The JGS doctoral program is intended for candidates aspiring to become faculty members at business schools. Students engage in both coursework and research as part of their doctoral training.
|Business School Ranking|
|U.S. News & World Report||25|
• U.S. News & World Report ranks the Jones School full-time MBA program among top 25 U.S business schools in 2013.
• Bloomberg Businessweek ranks the Jones School among top 30 U.S business schools in 2010 and the 6th best part-time MBA in 2011.
• The Economist in 2009 ranks the Jones School 22nd among U.S. business schools – the highest ranked business school in Texas and the Southwest.
• The Financial Times 2014 ranks the Jones School 35 in Global Business Schools and 19th amongst U.S. business schools – the highest ranked business school in Texas and the Southwest.
• The 2009 Financial Times ranking of MBA for Executives programs ranks Rice the best in Texas and the southwest. Among U.S. schools Rice is ranked 11 of 42; its world ranking is 27 of 75.
• Top 10 in the World: Among the 100 global schools, the Jones School's finance program was ranked among the Top 10 in the world, Financial Times 2005.
• The 2004 Financial Times MBA for Executives rankings places the Rice EMBA program among the top ten schools in seven categories: (1) top salaries in U.S.; (2) most experienced students in U.S.; (3) most sponsored students in U.S.; (4) top salaries in consulting in the world; (5) aims achieved in U.S.; (6) women faculty in the U.S.; and (7) women students in the U.S.
• Among U.S. schools, the Jones School ranked in the top ten (seventh) in “number in jobs three months after graduation," The Economist 2004.
• Rice was ranked fifth in most competitive students, defined by the Princeton Review as: "How competitive classmates are, how heavy the workload is, and the perceived academic pressure," Princeton Review's guidebook, The Best 143 Business Schools (2004).
• Princeton Review's 2004 guidebook, The Best 143 Business Schools ranked Rice 10th in greatest opportunity for women, defined as: "percentage of students who are women, percentage of faculty who are women, student assessment of resources for women students, how supportive the culture is of women students, whether the school offers coursework for women entrepreneurs, and whether case studies proportionately reflect women in business."
- Mitch Bainwol, Chairman and CEO of the Recording Industry Association of America; former Chief-of-Staff to U.S. Senate Majority Leader Bill Frist
- Douglas L Foshee - '92 CEO of El Paso Corporation
- James S. Turley, Chairman and CEO of professional services firm Ernst & Young
- Rice Alliance for Technology and Entrepreneurship named No. 1 university business incubator in the world
- "Business School Rankings and Profiles: MBA". Bloomberg Businessweek. 2012. Retrieved 2012-01-19.
- "Business School Rankings and Profiles: MBA". Forbes. 2013. Retrieved 2014-05-19.
- "Best Business Schools". U.S. News & World Report. 2012. Retrieved 2012-03-13.
- "Ranking:Los Mejores MBA en el mundo 2013". CNN Expansion. 2013. Retrieved 2013-07-11.
- "Global MBA Rankings". Financial Times. 2015. Retrieved 2015-01-26.