Jesse H. Jones Graduate School of Management
Encyclopedia
The Jesse H. Jones Graduate School of Business is one of the academic units of Rice University
Rice University
William Marsh Rice University, commonly referred to as Rice University or Rice, is a private research university located on a heavily wooded campus in Houston, Texas, United States...

 in Houston, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...

. Named in honor of the late Jesse Holman Jones
Jesse Holman Jones
Jesse Holman Jones was a Houston, Texas politician and entrepreneur. He served as United States Secretary of Commerce from 1940 to 1945...

, a prominent Houston business and civic leader, the school received its initial funding in 1974 through a major gift from the Houston Endowment Inc.
Houston Endowment Inc.
Houston Endowment Inc. was founded in 1937 by Jesse H. Jones and Mary Gibbs Jones as an extension of their personal philanthropy to help establish institutions and organizations that help facilitate the growth of Houston and develop its people...

, a philanthropic foundation established by Jones and his wife, Mary Gibbs Jones. The school offers the following degrees - Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...

 (MBA), MBA for Executives, MBA for Professionals, Joint MBA/ME with the George R. Brown School of Engineering, and Joint MD/MBA with Baylor College of Medicine. In addition, the Jones School offers Executive Education which is a full schedule of non-credit executive education and customized courses for business and industry.

Jones School

Location

The Jones School is located in the city of Houston, second to New York in the number of Fortune 500
Fortune 500
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. The list includes publicly and...

 companies located here. Houston ranks second in employment growth rate and fourth in nominal employment growth among the 10 most populous metro areas in the US. In 2006, the Houston metropolitan area ranked first in Texas and third in the U.S. within the category of "Best Places for Business and Careers" by Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 magazine. Forty foreign governments maintain trade and commercial offices here and the city has 23 active foreign chambers of commerce and trade associations. Twenty foreign banks representing 10 nations operate in Houston and provide financial assistance to the international community. Houston is recognized world-wide for its energy industry, biomedical research, and aeronautics. The Port of Houston ranks first in the United States in international commerce, and it is the sixth-largest port in the world. The Texas Medical Center
Texas Medical Center
The Texas Medical Center is the largest medical center in the world with one of the highest densities of clinical facilities for patient care, basic science, and translational research...

, across the street from Rice University
Rice University
William Marsh Rice University, commonly referred to as Rice University or Rice, is a private research university located on a heavily wooded campus in Houston, Texas, United States...

, contains the world's largest concentration of research and healthcare institutions.

Degrees offered

  • MBA for Executives

The curriculum allows experienced professionals to examine business concepts and issues from a strategic perspective. Financial Times recently ranked the program at #40 in the world and #11 in the United States, making the program the highest ranked EMBA program in the South.http://rankings.ft.com/businessschoolrankings/emba-rankings-2011 Further, the EMBA program has been ranked #41 and #39 in the world for 2010 and 2009, respectively.http://rankings.ft.com/businessschoolrankings/emba-rankings-2011

Classes meet every other Friday and Saturday for two years, with breaks at Christmas and over the summer. Each semester is divided into 2 terms, with an Intensive Learning Workshop (ILW) occurring between each first and second term. First year classes provide students with a base in essential functional areas, including accounting, finance, leadership, strategy and marketing. The ILWs provide an experiential learning opportunity for students to further explore negotiation, communication, and other managerial skills in the context of these functional areas. In the second year, students may take electives in order to examine functional areas in greater detail. They must also complete one international course and several capstones. The International Business Briefing, which satisfies the international requirement, brings students to a foreign country to learn about cultural differences in the business world. Students must complete 57 credit-hours in order to graduate. The Rice MBA for Executives is accredited by AACSB International.
  • MBA for Professionals

The Rice MBA for Professionals offers women and men to earn a Rice degree while continuing to work. The Rice MBA for Professionals students have the same learning experience, faculty, facilities, and career services as do the MBA and MBA for Executives students. MBA for Professionals program was ranked 6th in the nation by BusinessWeek in 2011 and ranked 21st in the U.S. News & World Report
U.S. News & World Report
U.S. News & World Report is an American news magazine published from Washington, D.C. Along with Time and Newsweek it was for many years a leading news weekly, focusing more than its counterparts on political, economic, health and education stories...

 in 2011.
  • Joint MBA/ME with the George R. Brown School of Engineering
    George R. Brown School of Engineering
    The George R. Brown School of Engineering is an academic school at Rice University in Houston, Texas. It contains the departments of Bioengineering, Chemical Engineering and Biomolecular Engineering, Civil and Environmental Engineering, Computational and Applied Mathematics, Computer Science,...


The MBA/ME Program at Rice University offers a Master of Business Administration from the Jones School and a Master of Engineering from Rice's school of engineering. Graduates will learn the skills necessary to guide technology firms through rapid change and development.
  • Joint MD/MBA with Baylor College of Medicine
    Baylor College of Medicine
    Baylor College of Medicine, located in the Texas Medical Center in Houston, Texas, USA, is a highly regarded medical school and leading center for biomedical research and clinical care...


The MBA/MD Program allows students to obtain a Master of Business Administration from the Jones School and a Doctorate of Medicine from Baylor College of Medicine
Baylor College of Medicine
Baylor College of Medicine, located in the Texas Medical Center in Houston, Texas, USA, is a highly regarded medical school and leading center for biomedical research and clinical care...

. The program answers the growing demand for skilled managers in the health care industry.

The JGS doctoral program is intended for candidates aspiring to become faculty members at business schools. Students engage in both coursework and research as part of their doctoral training.

Rankings

• Bloomberg-BusinessWeek ranks the Jones School among top 30 U.S business schools in 2010 and the 6th best part-time MBA in 2011.

The Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...

 in 2009 ranks the Jones School 22nd among U.S. business schools – the highest ranked business school in Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...

 and the Southwest.

• The Financial Times 2011 ranks the Jones School 44 in Global Business Schools and 29th amongst U.S. business schools – the highest ranked business school in Texas and the Southwest.

• The 2009 Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

 ranking of MBA for Executives programs ranks Rice the best in Texas and the southwest. Among U.S. schools Rice is ranked 11 of 42; its world ranking is 27 of 75.

• Top 10 in the World: Among the 100 global schools, the Jones School's finance program was ranked among the Top 10 in the world, Financial Times 2005.

• The 2004 Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

 MBA for Executives rankings places the Rice EMBA program among the top ten schools in seven categories: (1) top salaries in U.S.; (2) most experienced students in U.S.; (3) most sponsored students in U.S.; (4) top salaries in consulting in the world; (5) aims achieved in U.S.; (6) women faculty in the U.S.; and (7) women students in the U.S.

• Among U.S. schools, the Jones School ranked in the top ten (seventh) in “number in jobs three months after graduation," The Economist 2004.

• Rice was ranked fifth in most competitive students, defined by the Princeton Review as: "How competitive classmates are, how heavy the workload is, and the perceived academic pressure," Princeton Review's guidebook, The Best 143 Business Schools (2004).

• Princeton Review's 2004 guidebook, The Best 143 Business Schools ranked Rice 10th in greatest opportunity for women, defined as: "percentage of students who are women, percentage of faculty who are women, student assessment of resources for women students, how supportive the culture is of women students, whether the school offers coursework for women entrepreneurs, and whether case studies proportionately reflect women in business."

Notable alumni

  • Mitch Bainwol
    Mitch Bainwol
    Mitch Bainwol has been the chairman and CEO of the Recording Industry Association of America since 2003, succeeding Hilary Rosen. Prior to filling this position, he worked for 25 years in politics and federal policy-making. He and his wife Susan are parents of three children.-Early life and...

    , Chairman and CEO of the Recording Industry Association of America
    Recording Industry Association of America
    The Recording Industry Association of America is a trade organization that represents the recording industry distributors in the United States...

    ; former Chief-of-Staff to U.S. Senate Majority Leader Bill Frist
    Bill Frist
    William Harrison "Bill" Frist, Sr. is an American physician, businessman, and politician. He began his career as an heir and major stockholder to the for-profit hospital chain of Hospital Corporation of America. Frist later served two terms as a Republican United States Senator representing...

  • Douglas L Foshee - '92 CEO of El Paso Corporation
  • James S. Turley, Chairman and CEO of professional services firm Ernst & Young
    Ernst & Young
    Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....


See also

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