The Rice Jones MBA Program – What to Know as an Applicant

Photo by Corey Seeman, link, under CC license

One of the top features of the Rice Jones MBA is that its location in Houston makes it ideal for those of you interested in the energy industry. In Houston, you will find companies in both the traditional oil and gas sector, as well as the renewable energy sector. The city is also home to 20 Fortune 500 headquarters.

Even though Jones has great connections in Houston, about a quarter of the students find employment outside of Texas. And energy is not the only sector in which Jones has a strong placement record — approximately 30% of graduates go into consulting and another 21% into finance. About 7% of graduates are also placed into real estate. 

At Jones, you will also find that about 30% of the students in the program are international. This means that your global experience begins right in the classroom from day one. You will also find that your class sizes are small, with an average of only 40 students per class. You can definitely expect that the instructors will know your name at Rice Jones!

Rice Jones MBA Class Profile

Acceptance Rate36%
Class Size174
GMAT Average689
GPA Average3.41
Average AgeDoes not disclose
Avg. Years Work Experience5.4 years
Diversity Women35%
Diversity Intl.15%
Pre-MBA IndustriesDoes not disclose
Undergraduate MajorsSTEM: 59%
Liberal Arts: 22%
Business / Economics: 19%

The data above is from 2020 and represents the Rice Jones class of 2022.*
See the full report: Rice Jones MBA Class Profile

Student Experiences

Rice Jones MBA Employment Report & Careers

Salary Average$157,614.00
Salary Average is a total of Salary + Signing Bonus
Offers Upon Graduation78%
Offers At 3 Mos.90%
Post-MBA IndustriesConsulting Services: 24.5%
Financial Services: 22.3%
Technology: 20.2%
Petroleum/Energy: 12.8%
Consumer Products: 4.3%
Pharmaceutical/Biotechnology/Healthcare: 4.3%
Manufacturing: 3.2%
Government: 2.1%
Non-Profit: 2.1%
Real Estate: 2.1%
Other: 2.1%
Post-MBA LocationsUnited States: 99%
Mid-Atlantic: 6.4%
Midwest: 5.3%
Northeast: 6.4%
South: 1.1%
Southwest: 66%
West: 13.8%
Non-US: 1%
Post-MBA Companies

Amazon Inc.*: 6
Dell*: 6
Ernst &Young*: 5
Citigroup Banking, Capital Markets and Advisory: 4
Barclays Global Markets/Investment Banking: 3
Capital One*: 3
Deloitte Consulting*: 3
Alvarez & Marsal: 2
Chevron: 2
EDP Renewables: 2
Exxon Mobil: 2
EY- Parthenon: 2
HPE*: 2
Infosys Consulting: 2
JP Morgan Chase & Co: 2
Morgan Stanley: 2
3M: 1
Accenture Strategy: 1
AlixPartners: 1
Anheuser -Busch:1

Career Development Resources

Rice Jones Career Development Office

Note:
a) Post MBA Companies: *Hired graduates requiring work authorization

The data above is from 2021 and represents the career statistics of the Rice Jones class of 2020.*
See the full report: Rice Jones MBA Employment Report

Rice Jones MBA Academic Programs

MBA Curriculum

The Rice Jones MBA curriculum spans across the fall and spring semesters of the two years of the program. Classes may be spread out over a quarter or an entire semester. At Jones, students spend the majority of their first year taking core classes in topics such as Negotiating, Marketing, and Operations. Students also complete the Global Field Experience requirement at the end of their first year as part of the core curriculum. The curriculum makes room for elective coursework starting the spring semester of the first year. There are over a hundred electives available for students to choose from, including courses in Corporate Real Estate, Applied Risk Management, and Government Relations.

See the full offering of courses: Jones MBA Course Catalog

Majors

Rice Jones offers nine concentrations or majors. Students can complete an individual major or two majors in combination. The following majors are offered by the program.

  • Accounting
  • Energy
  • Entrepreneurship
  • Finance
  • Health Care
  • Marketing
  • Operations Management
  • Real Estate
  • Strategic Management

Experiential Learning Programs

The Rice Jones experiential learning curriculum consists of several programs that add a practical component to the MBA. Students may choose to complete an Action Learning Project elective, which gives them hands-on consulting experience. Through the Rice Business Board Fellows, students can spend a year serving on the board of a non-profit as a non-voting member. The program also offers the opportunity to participate in student-managed funds and the Leadership and Team Coaching program.

Research Centers

While Jones does not have any official research centers, the areas of interest of the faculty members are diverse. There are seven broad academic subjects that are covered by Jones’s research focus: Accounting, Communication, Entrepreneurship, Finance, Marketing, Organizational Behavior, and Strategy and Environment.

MBA International Study Programs

As a requirement of the degree, all students must complete the Global Field Experience program. In this program, students participate in projects in diverse community settings, where they exercise their business skills on real problems. 

Video Resources on Rice Jones Academics

Rice Jones MBA Application

The latest application requirements set by the Rice Jones MBA admissions office are described below.

Essays

Here are the prompts for Rice Jones’s 2021-2022 application:

  • Short-Term Goal

    Rice Business seeks to have a clear understanding of your goals following your MBA experience. In the spaces below, please share your short-term and long-term goals in a few short sentences. This is NOT meant to be a traditional essay. The purpose of this short answer response is to have a clear and direct understanding of your post-MBA goals.

    Full-Time MBA Short-Term Goal Response (text box, 100 words)
  • Long-Term Goal

    Rice Business seeks to have a clear understanding of your goals following your MBA experience. In the spaces below, please share your short-term and long-term goals in a few short sentences. This is NOT meant to be a traditional essay. The purpose of this short answer response is to have a clear and direct understanding of your post-MBA goals.

    Full-Time MBA Long-Term Goal Response (text box, 100 words)

  • Select A Prompt

    Please choose one of the prompts below. You can submit a written essay (Word Limit: 500 words) or a video (Time Limit: 3 minutes).

    Prompt #1: What movie, song, or book has most influenced your life and the way you view the world? Why?

    Prompt #2: While we know a picture is worth 1000 words, in 500 words or less tell us the story of a photo of your choosing that has significant value in your life experiences. Please feel free to share your photo using the upload tool on the next page.

    Prompt #3: Houston is one of the most diverse cities in the United States and food is a large element of culture. 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?

    (500 words OR upload video, 3 minute limit)


  • Re-applicant Essay

    Re-applicant Essay. Required for re-applicants only: Think about the time that has elapsed since you last applied to Rice Business. What actions have you taken to improve your candidacy? (text box, 500 words)

Letters of Recommendation 

The 2021-2022 Rice Jones recommender questions are as follows:

  • Constructive feedback and the applicant’s response — Describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant’s response. (Text box, 500 words)
  • Performance comparison — How does the performance of the applicant compare to that of other well-qualified individuals in similar roles? (E.g. what are the applicant’s principal strengths?) (Text box, 500 words)
  • Interaction with the applicant — Please provide a brief description of your interaction with the applicant and, if applicable, the applicant’s role in your organization. (Text box, 50 words)
  • Optional — Is there anything else we should know? (Text box)
  • Competency ratings comment — (Optional) Is there anything about your competency ratings on which you’d like to comment? (Short answer)

Video Resources on Rice Jones Admissions

Rice Jones MBA Admissions Interviews

Interviews at Rice Jones are offered only by invitation. Each interview is conducted by a member of the Admissions Committee, and the interview may take place in person or virtually with no penalty to the applicant for choosing a web-based video interview.

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What Makes Rice Jones Unique?

  • Liu Idea Lab for Innovation and Entrepreneurship: Rice is highly ranked for its entrepreneurship program (ranked #1 by Princeton Review and Entrepreneur Magazine). Students at Rice Jones can pursue an entrepreneurship concentration and take entrepreneurship labs through the Liu Idea Lab. Jones also offers several competitions in entrepreneurship, including the Napier Rice Launch Challenge that offers over $60,000 in monetary awards.
  • Houston houses the second largest concentration of Fortune 1000 companies in the US and largest medical complex in the world. 

*All data retrieved from the Rice Jones MBA Program webpages, unless otherwise stated.