Path of Excellence
||“Success is measured by the service you render and the character of citizen you make rather than by the amount of money you amass."
— Jesse H. Jones, businessman, civic leader, U.S. Secretary of Commerce, and Chairman of the Reconstruction Finance Corporation (RFC)
In 1974, the Houston Endowment provided the funding to establish
a business school at Rice University. The intent was to honor the memory,
vision and lifelong impact on the community of Jesse H. Jones, one of Houston’s
most important business and civic leaders and the founder of the Houston
Endowment. Today the Jones Graduate School of Business is a top-tier business school at the apex of
commerce in the fourth largest city
in the United States.
In the last fifteen years, an increasing focus has been placed
on intellectual contributions, teaching quality, student quality, and value to
alumni and employers.
Central to the vision of Jesse Jones and our own mission, we
are developing future global business leaders with an intensity of ethical,
transformative knowledge that impacts their own lives, their communities, and the
- No. 4 Academic Quality, Part-Time MBA, Financial Times (2011)
- Top 20 Intellectual Capital, Full Time MBA (U.S.) Financial Times (2013)
- Over 20 editorial
positions in top research journals such as Academy of Management Journal, Journal of Applied Psychology, Journal
of Finance, Review of Financial
Studies and Business and Society
- No. 4 Part-Time MBA Academic Quality, Businessweek (2011)
- No. 13 Full-Time MBA Selectivity, Businessweek (2012)
- No. 4 Best in Accountancy, Full Time MBA, Financial Times, (2013)
- No. 5 Best in Finance, Full Time MBA, Financial Times (2013)
- No. 8 Best Professors, Princeton Review (2013)
- Ranked “A+” for Teaching Quality Part-Time, Businessweek (2011)
- Prashant Kale, associate professor of strategic management, Top 10 most popular business school professors, Businessweek
to Alumni, Employers & Community
- No. 1 Salary Percentage Increase – Full Time MBA, US, Financial Times (2013)
- No. 5 Placement, Full Time MBA, Businessweek (2012)
- No. 8 Salary Percentage increase – Executive MBA (U.S.), Financial Times (2012)
- No. 7 in Percentage Earning Raises MBA for Professionals, Businessweek (2013)
- No. 20 Full-Time and Executive MBA (U.S.) and No. 18, Aims Achieved, Financial Times (2012)
- No. 18 Post MBAP Outcomes, Businessweek (2011)
The hallmark of a top-tier business school rests on its
ability to execute consistent programmatic excellence throughout all programs.
The Jones School offers three different MBA programs, an undergraduate minor,
PhD program as well as graduate certificate and custom programs through Rice Executive Education.
- Rice MBA programs: Full-time MBA, MBA for Executives, and MBA for
Professionals as well as joint MBAs in medicine with Baylor College of Medicine (MBA/MD), engineering
(MBA/ME), and professional science in the fields of environmental analysis and
decision making, subsurface geoscience, and nanoscale physics (MBA/MS).
- The Undergraduate Business Minor develops critical business skills valued by both Rice
undergraduates and recruiters. Courses are rated among the best on campus with
nearly a third of all Rice undergraduates attending a class in McNair Hall.
- The Rice PhD in Business launched in 2009 and has achieved exceptional admissions
selectivity with less than four percent of applicants gaining admission. As of
fall 2012, there are 28 doctoral students poised to excel as the next
generation of marketing, finance, accounting and strategic management
- Rice Executive Education delivers open enrollment, leadership development and collaborates
in creating custom programs with top faculty for leading companies.
- Jones School staff serve on national boards
including GMAC, EMBA Council, Global Consortium of Entrepreneurship Centers, and AACSB International.
Value to the
As part of Rice University’s Vision for the Second Century, the Jones School recognizes the call to fully engage with the city
of Houston, fostering relationships and raising the profile of the school, our
students, faculty and alumni. Just a few examples of how the Jones School
provides value to our community include:
research is critical for generating new knowledge and for keeping Jones School faculty
at the forefront of their fields. The
pursuit of knowledge informs their teaching and creates a rich, dynamic learning
environment for students. The Jones School consciously invests in developing its
faculty while also aggressively recruiting new faculty and supporting a
world-class research culture.
Notable Accolades for Jones School faculty include:
The 2013 Financial Times global rankings named the Jones
School No. 4 in accountancy. The
school’s accounting faculty includes Thomas Hemmer, one of the most prolific analytical accounting
scholars in the world (based on the number of publications in top accounting
journals), who is often invited to other top universities to teach their
doctoral students, and Stephen Zeff, a past president of the American
Accounting Association and a member of the Accounting Hall of Fame. Shiva Sivaramakrishnan, the Henry Gardiner Symonds Professor of Accounting, was recently awarded the 2012 Impact on Management Accounting Practice Award for his research on product costs as decision aids.
The 2013 Financial Times global rankings named the Jones
School No. 5 in finance. As a group,
the school’s finance faculty serve two editorships and twelve associate
editorship of top scholarly journals, including Journal of Finance, Review of
Financial Studies and Journal of
Financial and Quantitative Analysis.
The group includes Kerry Back, a former editor of the Review of Financial Studies, who has written
a leading PhD textbook on the theory of asset price and portfolio choice. Alex Butler was recently appointed to the Society for Financial Studies (SFS) Council, the board of directors for that society.
The entrepreneurship faculty consists of a world-class group
of educators and practitioners such as Ed
Williams who has been recognized by Businessweek as one of the top
entrepreneurship professors in the U.S.
The marketing faculty is one of the few in the world to
include multiple winners of the prestigious William
F. O’Dell Award given by the Journal
of Marketing Research. Vikas Mittal won the award in 2006 and has been recognized as
one of the top five most prolific marketing scholars worldwide by the Journal of Marketing. Ajay Kalra won the award in 1998
and was recently recognized for authoring one of the 20 most influential
articles writing in Marketing during the past 25 years.
The organizational behavior faculty is anchored by Jennifer George and Jing Zhou, who are both Fellows in
the American Psychological Association, American Psychological Society, and
Society for Industrial and Organizational Psychology. Jennifer is also a Fellow in the Academy of
Management, and Jing is an Associate Editor of the Journal of Applied Psychology. Scott Sonenshein was recently appointed as an associate editor for the Academy of Management Journal.
Faculty in the strategy and environment group are truly
world class in their influence through research and leadership in organizations
and top journals. Duane Windsor is editor of Business and
Society. Bob Hoskisson is ranked 23rd in an interdisciplinary ranking of the
research impact of 2140 corporate governance researchers by the Academy of
Management Learning and Education (2012) and 25th in Economics and
Business by Times Higher Education. He also serves as the president of the
strategic management society (SMS). Gerry Sanders is ranked 87th in the same Academy of
Management Learning and Educations ranking and Anthea Zhang is the 2010 Emerging Scholar Award recipient (Strategic Management
Society) and associate editor of the Academy
of Management Journal and consulting editor of Management and Organizational Review.
Areas of Emphasis
Along with being consistently recognized for excellence
in core business disciplines particular
strength exists in entrepreneurship, energy and health care with a variety of
degree and non-degree, industry-specific programming in degree concentrations,
courses, conferences, competitions and executive education.
- The Jones School has been ranked #4 for graduate
entrepreneurship by Princeton Review/Entrepreneur magazine for 2013
- The Rice
Alliance for Technology and Entrepreneurship (Rice Alliance) is Rice
University’s internationally-recognized initiative devoted to the support of
technology commercialization, entrepreneurship education, and the launch of
technology companies. More than 128
companies have been successfully launched after competing at Rice, raising
more than $460 million in early-stage funding.
- Rice Alliance’s recent recognition: 2011 NASDAQ
OMX Center of Entrepreneurial Excellence Award, GCEC; 2009-2011 Top Ten Best
U.S. Graduate Entrepreneurship Program (2008-2012), Princeton Review and Entrepreneur magazine; 2011 No. 14
Best U.S. Graduate Entrepreneurship Program, US News & World Report; 2011 National Model MBA Entrepreneurship
Business Plan Competition is the richest and largest graduate-level
business plan competition in the world, awarding over $1.5 million in cash and
- The Jones School has 13 professors, adjunct
professors and lecturers specializing in entrepreneurship creating a blend of
academic and private-sector experience
- 22 percent of our alumni have started one or
Graduate School Entrepreneurship Organization (JGSEO) offers networking
events and round tables to increase expertise and mentorship access for local
entrepreneurs, alumni and current students.
- A social entrepreneurship course fosters
technology commercialization in developing countries, such as Rwanda and
Liberia, using a commerce model to replace aid-based support.
Education Entrepreneurship Program (REEP) develops leaders for Houston area
K-12 schools through emphasis on business fundamentals.
- Each fall, the student-run Rice Energy Finance Summit (REFS)
brings key players in the energy and finance industries to discuss trends and
the future of the energy industry. Now in its fourth year, last year’s event
was completely sold out
- An international energy simulation is offered to
students through Intensive Learning Experience.
- Rice Alliance hosts an Energy and Clean Technology
Venture Forum annually.
- Health Care Speaker Series brings current
industry voices and vision to the Jones School.
- Health care specialization track is an option
for academic focus for fully employed students.
- The biotechnology and health care club offers
students the keys to finding roles in the life science and health care fields.
- Executive education offers a certificate in
medical and health care management.
- Joint degrees through Baylor Medical Center –
With the ongoing upward trajectory of the Jones School, our
influence on the knowledge, development of global thought leaders, and impact
on business practice gains momentum. Our strategic objectives for the future
anticipate this sustainable trend — from increasing enrollment of
world-class students and bolstering the ranks of leading faculty researchers to
cultivating our Ph.D. graduates to migrate this commitment to excellence to
other top-tier business schools. Through collaboration with our stakeholders
and community partners, the over-arching goal of this institution will result
in a virtuous cycle of continued improvement in the core metrics which ensure
the success of our ongoing mission.
We invite you to engage with the Jones Graduate School of
Business and Rice University.
Download the "Path of Excellence" PDF
Download the "Faculty Experts Guide" PDF