Ph.D. Admissions

Application Requirements

To be considered for admission, the following documents must be received no later than the posted application deadline: 

• Completed online Ph.D. application including a Statement of Purpose and CV/Résumé.
• Three confidential recommendations (academic strongly preferred). Recommendations should be submitted using the online application recommendation feature. After entering your recommender’s contact information into your application, the application system will immediately send an electronic "Recommendation" form to that individual.
• For reviewing purposes, electronic copies of transcript(s) can be uploaded through the online application system to meet the application requirements. (If you are offered admission to Rice, official paper or electronic transcript(s) will be required and should be sent directly to the Rice Jones Graduate School of Business by the issuing institution. Official transcript(s) are required from all undergraduate and graduate schools you have attended.)
• Your official Graduate Management Admission Test (GMAT) score report, or GRE test score report submitted directly to us (test taker copy not acceptable). This requirement will not be waived.
• To send your official GMAT score report, log on to the MBA GMAC website, click “The GMAT” then “GMAT Scores and Score Reports”. The “Rice University Jesse H. Jones Graduate School of Business – PhD Program” code is 3WS-WD-54.
• To send your official GRE score report, log on to the ETS site, under “Tests” click “GRE”. Under “Test Takers” click “Order Additional Score Reports”. The “Rice U Mgmt PhD Program” code is 6618.

If you did not earn your undergraduate degree in the U.S., English-speaking Canada, Australia, New Zealand, or the United Kingdom, an official score report of your TOEFL (Test of English as a Foreign Language) taken within 2 years of your application date is required (test-taker copy not acceptable).  This requirement is waived for international applicants who have received a Master's degree or a Doctorate from an institution within the U.S., English-speaking Canada, Australia, New Zealand, or the United Kingdom by the application deadline.

• To send your official TOEFL score report, log on to the ETS site, under “Tests” click “TOEFL” and then “Test Scores.” The “Rice University-Management PhD Program” code is 6618. 

A non-refundable application fee of $40 payable via credit card or check. Please make checks payable to Rice University. Applications will not be processed without the required application fee.

Please note that applicants may not apply for, or be considered for, more than one program at a time within the Jones Graduate School.

Supplemental Application Materials

While most of your application materials will be submitted electronically via our online application, materials that must be mailed should be addressed to:

Melinda Pena
PhD Admissions / MS 531 
Rice University 
Jones Graduate School of Business 
6100 Main Street 
Houston, TX 77005 

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Best Paper Award in Options & Derivatives at the FMA Conference

Congrats to Ph.D. Student in Finance Alexander Ober for winning the Best Paper Award in Options & Derivatives at the FMA International Conference!

This year, the FMA recognized five papers from over 1,000 submissions for top recognition. Alexander’s paper studies an intermediary option pricing model that explains how the risks faced by market makers influence option prices and market behavior.

He is advised by his Chair, Kerry Back, with committee members Kevin Crotty, Robert Dittmar, Zachary Bethune, and Kris Jacobs (University of Houston).