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US News Ranks Rice MBA in Top 50

HOUSTON, March 30, 2007U.S. News & World Report has released its 2007 rankings for the best U.S. business schools, and the Rice MBA program continues to be ranked among the top 50.  The Jones School placed 25th among the top 50 programs for “average starting salary and bonus” for its 2006 graduates. Earlier this year, the Financial Times’ Global MBA 2007 ranked the Rice MBA program the best in Texas and among the top 30 U.S. business schools. The average salary of Rice MBA graduates three years after graduation ranked 19th nationally. Rice MBAs develop leadership skills that help them produce and get promoted.
 
To calculate the U.S. News & World Report rankings, business school deans, MBA program directors, and corporate recruiters were asked to rate the academic quality and reputation of the programs.
 
“Though the Rice MBA program remains ranked among the top 50 business schools in the U.S., we are focusing on metrics that will enhance the quality of our students’ education and career goals,” said Bill Glick, Jones Graduate School dean and the H. Joe Nelson III professor of management.  “We are in the process of adding 10 new faculty members whose research will give students expanded access to cutting edge business practices. Each of the new faculty members has demonstrated teaching excellence.”
 
To continue to recruit top quality students, the average scholarship offered to students has doubled.  A new proposed Ph.D. program at the Jones Graduate School will also help attract top-quality faculty and further assist in research efforts.
 
The Jones Graduate School is expanding its engagement with the business community through collaborative efforts with local and global companies. The school’s active role in student clubs and organizations such as the National Black MBA, National Association of Women MBAs (NAWMBA) and the National Society of Hispanic MBAs (NSHMBA) demonstrates the Jones School’s active commitment to increasing diversity and recruiting top students on a global basis.  This year, the Jones School will serve as the lead academic sponsor for  NSHMBA further demonstrating the school’s commitment to impacting business leadership in the global arena.
 
“To ensure a focus on continuous improvement at the Jones School, we have formed a quality committee whose primary focus is to identify metrics that enhance the student’s educational experience, and increase the excellence of our school” Dean Glick commented.”