Jones Graduate School of Business – Rice University

FAQ

What is the tuition for Jones' MBA program?

The tuition for Jones' MBA program is $63,500 per year.

What is the average GMAT score for admission to Jones' MBA program?

The average GMAT score for the incoming class at Jones is 705.

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 average starting salary for graduates of the Jones MBA program?

The average starting salary for Jones' MBA graduates is $131,384. 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 7, 2022. The Round 2 application deadline is January 6, 2023. The Round 3 deadline is March 31, 2023. Application materials are due by 12 PM (noon) CT on the deadline date.

What percent of Jones' MBA students are women?

The percentage of the class at Jones that are women is 33%.

VIDEOS

Admissions

The Class Profile

The Class of 2023 hosts 178 students with an average GMAT of 705 and an average GPA of 3.51. Women comprise 33% of the class and 39% are international.

Application Procedures

Applicants have three rounds in which they can apply, with deadlines typically landing in October, January and March. 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

• 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

Interview Reports

Rice Jones Interview Questions & Report: Round 1 / Second-Year Student / Zoom

Only five main questions asked (follow up questions in brackets): Why MBA? (Asked if I know what companies/positions) Why Rice? (added questions of if I’ve visited campus, talked to students) How will I decide between the schools I am given acceptances to? How will I contribute to the school? (asked if I do any community […]

Rice Jones Interview Questions & Report: Round 3 / Second-Year Student / Zoom

Resume-based. The student started by introducing herself. Described the interview structure and how it was going to be conducted. First 25 minutes of questions, and then she gave me the remaining time for my questions. 1. Walk me through your resume. 2. Current responsibilities. 3. How do you work in a diverse environment? 4. How […]

Rice Jones Interview Questions & Report: Round 2 / Current Student / Skype

Interview was very informal and conversational. Interviewer made me feel comfortable right off the bat. Flow was so interactive not too many behavioral questions were posed. – Story (walk me through your resume) – Goals – Time you had conflict (professionally) Allotted time for questions afterwards.

Rice Jones Interview Questions & Report: Round 1 / Second-Year Student / Zoom

Very informal and laid back. My interviewer was very down to earth and made me feel comfortable right of the bat. He started the interview by telling me about his background, why he chose to attend Rice, and what his plans are post-MBA. He stated that he did view my resume prior to the interview. […]

Rice Jones Interview Questions & Report: Rolling Admission / Adcom / Zoom

The interview was for the [email protected] online program. The interview was conducted via Zoom and it was only 30 minutes. There are only 5 questions so make sure to fit everything you want to say in them. These were the 5 questions: First impressions are lasting impressions – give your two minute elevator pitch. Why […]

Rice Jones Interview Questions & Report: Round 3 / Skype

The interview was pleasant and conversational, lasting 30 minutes. He asked about leadership, conflict, and my career goals; he also asked which clubs I will be interested in and how involved I will be with campus culture, and, how I plan to juggle the Professional program with a full time career.

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 […]

Rice-jones Q&As

Associate Dean Q&A: George Andrews of Rice Jones Graduate School of Business

For this installment of our Admissions Director Q&A series, we head to Texas to learn about the MBA program at Rice University’s Jones Graduate School of Business (Rice Business). George Andrews joined Rice Business in the fall of 2014 as associate dean of degree programs, leading each of the MBA programs, the Career Development Office, […]

Admissions Director Q&A: Janice Kennedy of Rice Business’ Jones Graduate School of Business

We are back with another installment of our 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 after a long career in commercial leadership roles within pharmaceutical, consumer packaged goods, and consulting. Kennedy brings the career view of what is […]

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 […]

Rice / Jones LiveWire and DecisionWire

Academics

Faculty

Jones MBA faculty consists of nearly 150 professors, assistant professors, adjuncts and lecturers. They teach across 12 areas 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.

Curriculum

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 Launch program to prepare for the program. Launch 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 Launch.

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. As part of the core and at the end of the first year, students must complete a Global Field Experience, in which students work in small teams to complete projects with local students, companies and non-profits. Then, after a summer internship, 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 over 100 electives and may pursue concentrations in accounting, energy, entrepreneurship, finance, healthcare, marketing, operations management, organizational behavior, real estate, or strategy and environment.

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.

Concentrations at Rice

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

Degree Offerings at Jones

Full-Time MBA
https://business.rice.edu/academic-program/full-time-mba

Professional MBA
https://business.rice.edu/academic-program/professional-mba 

Executive MBA
https://business.rice.edu/academic-program/executive-mba

[email protected]
https://business.rice.edu/online-mba-rice-business

Campus Life

Clubs, Conferences, & Competitions

Almost all Rice students participate in student clubs, and there are roughly 30 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 diversity groups such as Men as Allies and the Black 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 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.

MBA Careers

Career Services

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. 

Career Statistics

For the MBA Class of 2021, 92% of MBA students accepted a job offer within three months following graduation. They started their post-MBA careers with an average base salary of $131,384 and average signing bonuses of $33,221. The consulting industry had the highest rates of employment, at 32%. Financial services followed at 22%. Seventeen percent joined the energy field. Fourteen percent joined tech and the rest of the class spread across other fields. 

Financing

For the 2021-22 school year, tuition is $63,500, with an estimated total cost of $68,256 for the year. 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 per Year

• Tuition: $63,500
• MBA Fees: $1,053
• Student Fees: $455
• Health & Wellness Fee: $598
• Health Insurance: $2,650
• Total: $68,256

Recent Rice / Jones News

Associate Dean Q&A: George Andrews of Rice Jones Graduate School of Business

For this installment of our Admissions Director Q&A series, we head to Texas to learn about the MBA program at Rice University’s Jones Graduate School of Business (Rice Business). George And

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