Rice University Jones Graduate School of Business

Rice University's Jones Graduate School of Business

22. Rice University

Jesse H. Jones Graduate School of Business

6100 Main Street

Houston, Texas 77005

Admissions: 713-348-3056

Email: emba@rice.edu

Website: http://www.rice.edu/executive

Apply Online: https://app.applyyourself.com/AYApplicantLogin/ApplicantConnectLogin.asp?id=rice

The Rice MBA for Executives is geared toward business leaders who have 10 years of management experience. The curriculum is designed with a focus on strategic management and leadership. In addition to required courses offered primarily in the first year, the program offers at least eight electives in the second year allowing students to customize their course of study specifically to their interests.

Unlike many executive programs that draw a very diverse range of students, the Rice program attracts a heavy percentage of managers from the energy business. Nearly 60% of the latest entering class, for example, hails from either the petroleum or energy businesses, not all that surprising given the school’s location. Some 44% of those students show up at Rice with advanced degrees and are earning on average base salaries of $132,363.

During the first year of the program, students are assigned to a work team, which changes mid-year. The second year focus is on program customization with an emphasis on electives and leadership development through coursework and individual sessions with executive coaches. In the second year, students participate in a community engagement consultative exercise and spend their last term in capstone courses designed to employ a multi-disciplinary approach to business topics.

Students are also encouraged to choose an international trip option which is scheduled in the spring of year two. Recent trips include China, Dubai, and Mexico. During the summer between years one and two, students may travel to the Washington Campus, a forum focusing on links between business and government.

Application Deadline: June 4 is the final deadline

Latest Up-to-Date Executive MBA Rankings:

2012 Poets&Quants: 22

2011 BusinessWeek: Second Tier

2011 U.S. News & World Report: NR

2010 The Wall Street Journal: 19

2011 Financial Times: 40

Rankings Analysis: Rice University’s Executive MBA lost some ground in the PoetsandQuants’ 2012 ranking of the world’s best programs. The school fell three places to a rank of 22 from 19th in 2011. Mostly, the backward movement had to do with the rise of several of other business school rivals rather any major rankings setback. In fact, The Financial Times improved the school’s rank by one place to 40th in 2011 from 41st a year earlier. BusinessWeek, which ranks EMBA programs on the basis of graduate satisfaction surveys and a reputation poll of EMBA directors, continued to place the school among its “second-tier” programs.

Application Fee: $125

2012 Tuition & Fees: $99,000, up from $96,000 in 2011

Average Months of Work Experience: 168

GMAT Required: Yes, but applicants with advanced degrees or significant work/leadership experience are exempt from the GMAT

Acceptance Rate: 95%

Enrollment: 150

International: 30%

Female: 23%

African-American: 12%

Asian: 40%

Hispanic/Latino: 10%

Mean Age: 37

Classes Meet: Alternate weekends

Length of Program: 22 months

Students From These Sectors:

  • Consulting: 4 %
  • Consumer Products: 1%
  • Financial Services: 3%
  • Government: 2%
  • Manufacturing: 5%
  • Non-Profit: 2%
  • Petroleum/Energy: 57%
  • Pharmaceutical/Biotechnology/Health Care: 10%
  • Real Estate: 2%
  • Technology: 5%
  • Other: 7%

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.