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Jones School placed 38th by U.S. News & World Report

Rice MBA graduates rank 22nd in starting salary/bonus

In a report released today by U.S. News & World Report, the Jones Graduate School of Management placed 38th among the graduate business schools in the U.S. In terms of starting salary/bonus, the Rice MBA Full-Time 2008 graduates ranked 22nd.

“The Jones School continues to move in an upward trend across several media rankings,” said Jones School Dean Bill Glick. “This particular ranking is a clear reflection of successful innovations by the Jones School, despite the tough economy and growing competition among business schools.

We are seeing very positive trends in the numbers of applications, admission standards, selectivity, starting salaries, and reputation among peer schools. The improvements in these metrics are tied to innovative curriculum revisions, faculty efforts in the classroom, significantly increased faculty research productivity, effective recruiting by admissions staff with the help of alumni volunteers, career management coaching, and new marketing strategies.

All of these initiatives benefit and add to the unique experiences one finds at the Jones School and Rice.”

The new overall ranking is a two-point increase from the Jones School’s ranking last year and a ten-point improvement from 2007. Dean Glick noted that top-tier students are attracted to the school’s strengths that include world-class recognition in finance, entrepreneurship, and energy. For example, the School's strength in finance has been recognized in two rankings by the Financial Times. The Rice MBA Full-Time program was ranked 25th overall in the U.S. and 7th in the world in the category, ‘Best in Finance’. The Rice MBA for Executives program was ranked 15th nationally by the Financial Times and placed 4th globally for ‘Top Salaries in Finance’.

Additionally, the Rice MBA is ranked 16th for graduate entrepreneurship programs by Entrepreneur magazine and the Princeton Review. The Jones School co-hosts the largest and richest business plan competition in the world with Rice’s entrepreneurship center, the Rice Alliance. Located in Houston, energy capital of the world, the Jones School has vast connections with executives and companies in all sectors of the energy industry. As a result, more than 30 percent of our Class of 2008 graduates are employed in the energy industry alone.

“Prospective students will find that the Jones School provides a comprehensive and rigorous curriculum that is relevant in today’s business world, which demands principled and global thought leaders. Our intimate community offers students tremendous opportunities for leadership, networking, and real-world experiences,” he added.

All 425 accredited master's programs in business were surveyed in fall 2007 and early 2008. The employment figures represent 2008 graduates of Full-Time master's programs in business while categories indicating GMAT scores, GPAs, and acceptance rates represent the Class of 2010 students who entered Full-Time programs in fall 2008. Data come from surveys of programs and academics and professionals that include peer and recruiter assessment. The full U.S. News & World Report rankings can be found here. The hard copy edition will be released  April 28, 2009.

Media contact: Julia Nguyen, julianguyen@rice.edu  or 713.348.5387.