Jones Graduate School of Business at Rice University Ranked No. 6 in Nation for Entrepreneurship

Jones Graduate School ranks in top ten for second year in a row.

HOUSTON - (September 23, 2010)
– From over 2,000 schools surveyed by The Princeton Review for Entrepreneur magazine, Jesse H. Jones Graduate School of Business at Rice University is ranked as the No. 6 graduate entrepreneurship program in the country.

The Jones School has made dramatic progress in entrepreneurship education over the last four years. During that time the school moved from an unranked position into the “Top 10” in the country. Rice is one of only four schools to achieve a “Top 10” ranking during both the past two years.   Moreover, within the state of Texas, Rice University is recognized as the No. 1 graduate entrepreneurship program.

The eighth annual ranking reveals the nation’s top 25 undergraduate and top 25 graduate programs for entrepreneurship. Rice University’s ranking can be seen at www.entrepreneur.com/topcolleges.  

“Entrepreneurship has become an important area of excellence for the Jones School,” said Bill Glick, dean of the Jesse H. Jones Graduate School of Business. “Our mission has been to build a quality curriculum, taught by the best professors and entrepreneurs. We are confident that by adhering to this principle the school will continue to be recognized, not only by those familiar with the Jones School, but by the larger community involved with entrepreneurship. Today, we are honored to be ranked No. 6 among graduate programs by The Princeton Review and Entrepreneur magazine.”

The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) serves as Rice University's flagship initiative devoted to the support of entrepreneurship.  The Rice Alliance was formed as a strategic alliance of three Rice schools:  the George R. Brown School of Engineering, the Wiess School of Natural Sciences, and the Jesse H. Jones Graduate School of Business.   The Rice Alliance hosts a number of world class programs each year including:  the Rice Business Plan Competition – the richest and largest competition in the world.  To date, the Rice Alliance has assisted in the launch of more than 235 companies that have raised more than half a billion dollars.  

Separately, a recent Jones School alumni survey revealed that 22% of Rice MBA alumni have started one or more entrepreneurial companies, and 76% are still in business today.

“We are extremely pleased and humbled to be recognized by Princeton Review and Entrepreneur magazine as the No. 6 best graduate entrepreneur program. The best entrepreneurship programs in the U.S are represented in this prestigious ranking,” said Brad Burke, managing director of the Rice Alliance. “We are committed to helping build successful technology start-up companies through education, guidance and connections. To be acknowledged by this esteemed organization is a confirmation of our work to advance entrepreneurial education and new business ventures.”

The Jones Graduate School at Rice University was evaluated on key criteria in the areas of teaching entrepreneurship business fundamentals in the classroom, staffing departments with successful entrepreneurs, excellence in mentorship, providing experiential or entrepreneurial opportunities outside of the classroom, as well as non-traditional, distinguishable aspects of the programs.

Dr. Edward Williams, Professor of Management and Dr. Albert Napier, Professor of Management and Director of the Center on the Management of Information Technology, are world renowned leaders among entrepreneurship educators.  Business Week ranked Dr. Williams as one of the top three entrepreneurship university educators in the country.  In 2008, Dr. Napier received the Acton Foundation’s national award for Excellence in Entrepreneurship Education.  Additionally, numerous Jones School faculty have published research in the area of entrepreneurship in top academic journals.

The Rice Education Entrepreneurship Program (REEP) is another factor that propelled the school into the “Top 10” position.  The REEP program is designed to equip current and aspiring school leaders with the management tools, strategic framework and supportive networks they need to meet the challenges of public school leadership.  By combining world-class business training from the Jones School, with REEP’s unique education entrepreneurship institute, students are challenged to explore what is possible in education today.

“Behind the top ranked schools is not only a great formal classroom experience, but a cross-disciplinary approach to teaching entrepreneurship that embraces and encourages a student’s vision to build a successful business,” said Robert Franek, The Princeton Review’s senior vice president of publishing and nationally recognized expert on college admissions.

“The right education enhances and reinforces curiosity and creative thinking in entrepreneurs,” commented Amy Cosper, vice president and editor in chief at Entrepreneur. “This ranking provides a unique look at top schools that offer the type of training, encouragement and direction that nurtures entrepreneurial skills. It’s an excellent resource for those interested in academics as a pathway to their goals, and it can help tremendously in the discovery process to finding the right program.”

The results of the survey, along with the analysis, appear in the October issue of Entrepreneur.

About the Jones School
The Jones Graduate School of Business at Rice University is one of the world’s leading business schools. Named in honor of the late Jesse Holman Jones, a prominent Houston business and civic leader, the Jones Graduate School is distinguished by its strong foundation in accounting, finance, marketing, and management with areas of excellence in energy, entrepreneurship, and health care. Degreed programs include the Rice MBA, MBA for Executives, and MBA for Professionals as well as joint MBA degrees in medicine and mechanical engineering. A PhD in Business attracts candidates aspiring to become faculty members at business schools in prestigious research universities internationally. The Jones Graduate School also provides an undergraduate business minor and a full schedule of non-credit executive education and customized courses for business and industry.

Other recent recognition: 

  • Top 10 U.S. Graduate Entrepreneurship Program – Princeton Review and Entrepreneur magazine (2010, 2009)
  • 4th   Top for Finance                    Financial Times (2010)
  • 5th   Student Assessment of Career Services - The Economist (2009)
  • 8th    MBA for Professionals - BusinessWeek (2009)
  • 9th    Top for Accountancy - Financial Times (2010)
  • 15th  Job Placement 3 Months Post Graduation - US News and World Report (2010
  • 11th  ROI  MBA for Executives - Wall Street Journal (2008)

The Rice Alliance for Technology and Entrepreneurship
The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) is Rice University’s nationally-recognized initiative devoted to the support of technology commercialization, entrepreneurship education, and the launch of technology companies.  It was formed as a strategic alliance of three schools: the George R. Brown School of Engineering, the Wiess School of Natural Sciences and the Jesse H. Jones Graduate School of Business in collaboration with the Vice Provost and the Office of Research.

Since inception, the Rice Alliance has assisted in the launch of more than 250 start-ups which have raised more than half a billion dollars in early-stage capital. More than 750 companies have presented at the 115+ programs hosted by the Rice Alliance.

Other recent recognition: 

  • 2010 & 2009 Top 10 U.S. Graduate Entrepreneurship Program – Princeton Review and Entrepreneur magazine
  • 2009 Outstanding Center for Entrepreneurial Leadership - GCEC
  • 2009 Outstanding Specialty Entrepreneurship Program – USASBE
  • 2009 Marketer of the Year – American Marketing Association
  • 2008 Houston’s Greatest Economic Development Ally – Greater Houston Partnership
  • 2007 Outstanding Entrepreneurship Center for Enterprise Creation Award – GCEC

For more information about the Rice Alliance, visit www.alliance.rice.edu.

About The Princeton Review

The Princeton Review (Nasdaq: REVU) has been a pioneer and leader in helping students achieve their higher education goals for more than 28 years through college and graduate school test preparation and private tutoring. With more than 165 print and digital publications and a free website, www.PrincetonReview.com, the Company provides students and their parents with the resources to research, apply to, prepare for, and learn how to pay for higher education. The Princeton Review partners with schools and guidance counselors throughout the U.S. to assist in college readiness, test preparation and career planning services, helping more students pursue postsecondary education. The Company also owns and operates Penn Foster Education Group, a global leader in online education.  Penn Foster provides career-focused degree and vocational programs in the fields of allied health, business, technology, education, and select trades through the Penn Foster High School and Penn Foster Career School (www.pennfoster.edu), which are headquartered in Scranton, PA.

About Entrepreneur Media Inc.
Entrepreneur Media Inc. is the premier content provider for and about entrepreneurs. Our products engage and inspire every day with the advice, solutions and resources that fuel the bold and independent way entrepreneurs think.

After 31 years, nobody reaches more growing businesses. As the original magazine for the small and midsize business community, Entrepreneur continues to be the definitive guide to all the diverse challenges of business ownership. Entrepreneur.com is the most widely used website by entrepreneurs and emerging businesses worldwide. Entrepreneur Press publishes the books that turn entrepreneurial skills into business success. To learn more, visit www.entrepreneur.com.  To advertise, please contact us at www.entrepreneur.com/mediakit.