About
The Rice University Jesse H. Jones Graduate School of Business is located in Houston, Texas. Established in 1974, it is known for its rigorous academics, tight-knit community, and strong focus on leadership, entrepreneurship, and innovation.
What is Rice (Jones)'s acceptance rate?
Rice Jones maintains a selective admissions process with an acceptance rate of approximately 39% for its MBA program.
What is the Cost of Studying at Rice (Jones)?
International students can expect the annual tuition fee for the Full-time MBA program to be around $69,000 (approx. INR 57–60 lakhs). Additional costs include fees, health insurance, books, housing, and living expenses, totalling up to approximately $95,000 per year.
Top Reasons to Study in the Jones Graduate School of Business
- Strategic Location: Situated in Houston, the 4th largest city in the U.S., students benefit from a dynamic business environment with strong industries in energy, healthcare, and finance.
- Tight-knit Community: Small class sizes promote personalised learning, close faculty interaction, and a collaborative student culture.
- Entrepreneurship Focus: Jones is recognised nationally for entrepreneurship, offering programs through the Rice Alliance for Technology and Entrepreneurship.
- Strong ROI: High employment rate post-graduation, with competitive salary packages, offering an excellent return on investment.
Admissions
Avg acceptance rate (Bachelors)
39%
Application Fee
$100 - $200
How to Apply at Jones Graduate School of Business
Undergraduate Admission Requirements
Application Portal: Common Application
Requirements:
Official transcripts
SAT or ACT scores
English proficiency test scores (TOEFL, IELTS, Duolingo)
Application fee: $75
Graduate Admission Requirements
Application Portal: Rice Business Online Application
Requirements:
Bachelor's degree from an accredited institution
Official transcripts
GMAT or GRE scores (test optional for some applicants)
English proficiency test scores (TOEFL, IELTS) for non-native speakers
Resume
Essays
One professional letter of recommendation
Application fee: $200
Documents Required to Apply to Jones Graduate School of Business
|
UG/PG |
Documents |
|---|---|
|
Undergraduate |
Completed application form Official high school transcripts Standardised test scores (SAT or ACT) English language proficiency test scores Letters of recommendation Personal statement or essays Application fee payment |
|
Postgraduate |
Completed application form Official transcripts from all post-secondary institutions attended GMAT or GRE scores English language proficiency test scores Resume Statement of purpose Letter of recommendation Application fee payment |
Exams Accepted By Jones Graduate School of Business
|
Exams Accepted |
Minimum Score Requirement |
|---|---|
|
TOEFL |
100 Minimum |
|
IELTS |
Minimum 7 |
|
GMAT |
600+ (average ~710) |
|
GRE |
158 – 160 |
Campus Life
Transportation in the city
Houston provides a well-connected urban transport system:
METRO Services: Buses and light rail connecting most parts of Houston, including Rice University.
Campus Shuttle Services: Rice provides free shuttle services for students within campus and nearby areas.
Bike & Walk Friendly: Designated bike lanes and pedestrian zones promote sustainable commuting.
Services offered by the university
- Career Development Office: Personalised career coaching, job fairs, company treks, and employer networking events.
- Entrepreneurship Programs: The Rice Business Plan Competition is one of the largest and most prestigious globally.
- Leadership Development: Programs like the Doerr Institute for New Leaders offer leadership coaching and assessments.
- Student Organisations: More than 30 MBA student-run clubs focused on professional, social, and community impact.
Student life at Jones Graduate School of Business
Engaged Community: Collaborative learning environment with regular events and speaker series.
Diversity & Inclusion: Active initiatives to promote cultural awareness and inclusivity.
Fitness & Wellness: On-campus recreation centre and student wellness programs.
Events & Competitions: Host of national case competitions and networking events.
Faculty
University Faculty:Student Ratio
University Faculty Stats
As of 2025, Rice University's Jones Graduate School of Business boasts over 140 faculty members, including renowned researchers, former executives, and seasoned practitioners. The faculty's diverse backgrounds, representing more than 20 countries, enrich the school's global business perspective. Despite recent federal scrutiny over diversity initiatives, Rice remains steadfast in its commitment to fostering an inclusive academic environment
Career Opportunities
Internship opportunities at Jones Graduate School of Business
Industry Connections: Strong relationships with Houston-based and international firms.
Career Services: Personalised internship placement support, interview prep, and resume workshops.
Credit-bearing Internships: Students may earn credits through approved internship experiences.
Placement of Jones Graduate School of Business
The school reports a good placement rate, and career support is tailored to industry, function, and geography. In 2023, Rice University's MBA program saw a 94% job acceptance rate within three months of graduation, with 70% of students accepting offers from the Rice Business Community.
Top Employers: McKinsey & Co., Amazon, Deloitte, Chevron, EY, HP
Average Salary: Full-time MBA graduates report an average base salary of $138,000.
Frequently Asked Questions
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Last updated June 10, 2026