News & Events
Rice University’s Virani Undergraduate School of Business is introducing the Moody Business Scholars Program, a highly selective, cohort-based undergraduate experience designed to prepare high-achieving business students for careers in competitive industries.
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School Updates
The 26th annual Women in Leadership Conference (WILC) welcomed hundreds of women to Rice Business’ McNair Hall for a day of networking, learning and inspiration for climbing the ladder in their careers. This year’s theme was “Pass the Torch: Together, We Will Carry the Flame.”
11 Mar
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School Updates
Research from Rice Business professors John Barry, Bruce Carlin, and Alan Crane shows how firms use hurdle rates differently in practice than finance theory predicts.
9 Mar
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Aurign from Georgia State University in Atlanta rose to the top in the 2020 Rice Business Plan Competition (RBPC) hosted June 17-19 by the Rice Alliance for Technology and Entrepreneurship and Rice’s Jones Graduate School of Business.
The competition kicks off June 17 with the Mercury Fund Elevator Pitch competition, a fast-paced, 60-second glimpse of all 42 startups. Round 1, set for June 18, will feature 10-minute pitches from each startup followed by a Q&A session with expert judges, and seven winners will advance to the live finals June 19.
After the oil bust that lasted roughly from 2014 to 2016, the energy industry regained only about one-third of the tens of thousands of jobs it slashed in that downturn. “The more challenging time is ahead, because some of the losses we’ve had are likely to last,” said Peter Rodriguez, an economist and dean of the Jones Graduate School of Business at Rice University. “The best-case scenario is a return to normal, but it’s unlikely.”
For the 2020 Best & Brightest MBAs, business school became far more than some thankless task. Part of that, says Rice University’s Mike Narvaez, centered around the online platform. As a student, he was able to complete coursework in 30 cities – all while having the flexibility to take part in his children’s activities. In fact, Narvaez’s classmate, Heather Price, goes so far as calling online “the future of education.”
Overall, the market share held by the top players has increased in more than 75% of U.S. industries during the past two decades, according to a 2018 paper by Rice University Professor Gustavo Grullon and fellow researchers. That’s being blamed for a variety of economic ills.
Recent graduates Mike Narvaez and Heather Price have been named in Poets & Quants Best & Brightest Online MBAs in 2020. Narvaez observes that his MBA “sent a message to my supervisors that I was able and willing to do more.” Sure enough, his bosses made him the point person on a global RFP that would make him responsible for the company’s Americas portfolio.
The nation shed 22 million jobs between February and April, a scale of losses not seen since the Great Depression of nearly a century ago. “I think (a recovery) could be choppy,” said Peter Rodriguez, an economist and dean of the Jones Graduate School of Business at Rice University. “We have a long way to go to get out of this.”
"I am most proud of being selected to participate in the Wright Fund, a student-led Equity Fund. It is a highly competitive process that looks at your current grades and your mission statement. The Wright Fund, by far, had the most academically rigorous course load, but also the most fun and rewarding. It thoroughly prepares you for many different career paths including investment banking." said Dominic Smith, one of Poets & Quants 2020 MBAs to Watch.
Houston being one of the most spread-out cities in the U.S., it is naturally a real estate-friendly town, making Rice University’s Jones Graduate School of Business a logical destination for those interested in the industry. The school offers a real estate concentration focused around a required course (MGMT 659) that introduces a series of basic business concepts commonly used in the real estate industry and covers in detail the application of the discounted cash flow model to real estate decisions.
Peter Rodriguez, dean of Rice University’s Jones Graduate School of Business, said many of the jobs that have been lost in the hospitality sector aren’t likely to return for the foreseeable future, despite efforts in recent weeks to kick-start the statewide economy by allowing such businesses to begin opening back up.
