Rice Jones – MBA Program & Application Overview

Discover everything you need to know about the Rice University Jones Graduate School of Business MBA program and application process in this comprehensive article.

Posted July 17, 2024

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Rice University's Jones Graduate School of Business offers a highly regarded MBA program that attracts students from all over the world. With its rigorous academic curriculum, strong faculty, and vibrant campus life, Rice Jones is a top choice for those looking to take their business education to new heights.

The Rice University Jones Graduate School of Business provides a transformative business education experience, enabling students to develop the skills and knowledge necessary to excel in today's global marketplace. With a focus on innovation, leadership, and entrepreneurship, Rice Jones prepares graduates to make a meaningful impact in their chosen fields.

Class Profile (2025)

  • Location: Houston, TX
  • Class Size: 166
  • Average Work Experience: 5.3 years
  • Average GMAT Score: 702
  • Average GRE Score: 160 (Quant); 157 (Verbal)
  • Average GPA: 3.46
  • Women: 36%
  • International: 42%
  • First Generation: 26%
  • Minority: 42%
  • Acceptance Rate: 43%

Read: Top 25 Business Schools' Acceptance Rates & Class Profiles (2024)

2024-2025 Application Overview

Rice Jones Deadlines

Round 1 : October 14, 2024

  • Decisions released December 9, 2024

Round 2 January 6, 2025

  • Decisions released March 10, 2025

Round 3: March 10, 2025

  • Decisions released April 21, 2025

Round 4: April 28, 2025

  • Decisions released (space-available basis)

GMAT/GRE

Rice Jones requires either the GMAT or GRE for admission. The school values strong quantitative and analytical skills. These standardized tests assess your abilities in various areas such as verbal reasoning, quantitative reasoning, analytical writing, and critical thinking. The scores you receive on these exams provide the admissions committee with valuable insights into your academic capabilities.

To read more, click here: GMAT vs. GRE for Business School—Which to Take and How to Ace Both

Rice Jones Essays

The application includes several essay prompts that allow you to showcase your goals, experiences, and why Rice Jones is the right fit for you. This is your chance to tell your unique story and highlight your personal and professional achievements. The admissions committee wants to understand your motivations, aspirations, and how you can contribute to the Rice Jones community. Take the time to craft thoughtful and compelling essays that truly reflect who you are.

Required Creative Essay: 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!

Learn more here: How to Write a Powerful MBA Essay—With Examples

Letters of Recommendation

Only one (1) letter of recommendation is required, ideally from an individual who can speak to your professional achievements and potential. However, two (2) letters of recommendation are required if your current or previous supervisor will not be submitting a letter of recommendation on your behalf. These letters provide valuable insights into your character, work ethic, and potential for success in the Rice Jones MBA program.

Learn more here: How to Get the Perfect MBA Recommendation Letter—With Examples. Also, click here for our free Leland Recommender Prep Template.

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Other Rice Jones Application Items

Application Fee

Rice Jones requires an application fee of $200 to cover administrative costs. Details regarding the fee can be found on the school's website.

Resume

Rice Jones requires a professional resume with your application. Before submitting, make sure that your resume is up-to-date and suitable for business school. Highlight your work experience, education, and extracurricular activities.

Learn more here: How to Craft the Ultimate MBA Resume—With Examples

Transcript

To submit your application, a transcript from each U.S. degree-granting institution you have attended is required. Make sure to upload the unofficial copies of transcripts for each degree that you have earned. Your transcripts must include the name of the degree awarded and the degree conferral date. Official transcripts should be sent directly to the admissions office.

Rice Jones Tuition and Costs (2024-2025)

Tuition: $73,500

Health & Wellness Support Fee: $677

MBA Activity Fee: $500

Graduate Student Association Fee: $45

Student Organization Fee: $8

Note: A $2,500 (non-refundable) enrollment deposit is due upon acceptance and will be applied towards the Fall semester charges.

Rice Jones Program Overview

The core curriculum at Rice Business is tailored for full-time MBA students who are preparing for a significant career transition. During their first year, students are required to take core classes that lay the foundation for their future as business leaders. These essential courses cover key areas such as data analysis, finance, managerial economics, marketing, financial accounting, strategy formulation and implementation, corporate social responsibility, organizational behavior, and communications. This comprehensive curriculum equips students with the fundamental skills and knowledge necessary to excel in the dynamic world of business.

First-Year Course Breakdown

Fall

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

Spring

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

Second Year

In the second year, students have the opportunity to tailor their education to their specific career goals through 100+ elective courses. This allows for a deeper dive into areas of interest, such as entrepreneurship, consulting, or finance. Students also have the option to participate in global immersion programs to gain international business experience.

Rice Jones Deferred MBA Program

Students can apply to the Rice MBA Deferred Enrollment Program during their final year of college, reserving their spot for two to five years post-graduation. To maintain their reserved seat, eligible students must be employed during this interim period. This time allows students to explore various career options, from traditional companies to startups, fostering the development of their professional and leadership skills before beginning the MBA program.

Rice Jones Dual Degree Programs

Rice Jones offers joint degree programs that allow students to earn an MBA alongside another graduate degree. These programs provide a unique opportunity to gain expertise in multiple disciplines and expand career options. The coordinated degrees at Rice University are completed in three years, while the dual degree with Baylor College of Medicine is completed in five years.

Rice Jones Coordinated and Dual Degree Programs:

Rice Jones FAQs

Still have questions about Rice Jones? We have you covered. Here are a few frequently asked questions that you may have in mind:

How long is the MBA program?

  • The Rice University Jones Graduate School of Business offers programs designed to be completed in two years. Their online MBA requires a total of 54 credits. You can complete the program in as little as 24 months or extend the timeline to fit your schedule.

What MBA programs does Rice Jones offer?

  • Rice offers multiple MBA formats such as Full-Time MBA, Professional MBA, Hybrid MBA, Online MBA, and Executive MBA.

What is the credit requirement for the Online MBA?

  • The Online MBA requires a total of 54 credits to complete.

Does Rice Business offer any support for career transitions?

  • Yes, Rice Business provides extensive career support through its Career Development Office, offering resources such as career counseling, networking events, and job placement assistance.

Is there an option for international students to apply?

  • Yes, international students are welcome to apply to all MBA programs at Rice Business. Additional requirements may include TOEFL or IELTS scores.

Are scholarships available for MBA students?

  • Yes, Rice Business offers various scholarships based on merit and financial need. Applicants are automatically considered for scholarships during the admission process.

Are there opportunities for networking and professional development?

  • Absolutely. Rice Business offers numerous opportunities for networking, including guest lectures, industry conferences, alumni events, and professional development workshops.

By exploring the answers to these questions and diving deeper into the offerings and opportunities at Rice University Jones Graduate School of Business, you'll gain a better understanding of what makes this MBA program unique and why it may be the right fit for your business education journey.

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