Jesse H. Jones Graduate School of Management
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The Jesse H. Jones Graduate School of Management is one of eight academic units of Rice University. Named in honor of the late Jesse Holman Jones, a prominent Houston business and civic leader, the school received its initial funding in 1974 through a major gift from the Houston Endowment Inc., a philanthropic foundation established by Jones and his wife, Mary Gibbs Jones. The school offers the following degrees - Rice 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.
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[edit] Rice MBA
The MBA program combines three essential elements: (1) A comprehensive and challenging core curriculum which provides a solid foundation of basic business disciplines; (2) A required Action Learning Project, a summer internship, and numerous field-project-oriented electives that offer ample opportunities for real-world practice; and (3) A host of specialized electives. The course on “Leadership Communications” is integrated across the curriculum, with instruction in strategic communications, plus team and individual coaching in oral and written communication. The Rice MBA is accredited by AACSB International.
Key points of the Rice MBA Program
• One-on-One learning: The faculty and student bodies maintain very close working relationships due to the limited enrollment of students. This low student-to-faculty ratio results in enhance communications and interactions between students and the faculty. The Jones School’s exceptional faculty is composed of energetic, leading-edge academics and highly experienced adjunct professors who take active interest in students’ career objectives and are always available at any time for resolving issues and clarifications that students may have.
• Approaches to Learning: The Jones School’s faculty maintains an important balance between teaching and research, believing that current industry knowledge is as critical as textbooks are towards education of an individual. All of the school’s instructors are either academics with significant business or consulting experience or business executives with significant classroom experience who teach specialized elective courses. Depending on what’s most appropriate for each course, Jones School instructors utilize multiple instructional methods to enhance the learning process—case-method study, analytical and quantitative approaches, lectures and discussions, oral and written reports, theoretical studies, management simulation games, individual study, and teamwork.
• Location: Houston is a goldmine for career opportunities, being only second to New York in the number of Fortune 500 companies located here. Houston ranks second in employment growth rate and fourth in nominal employment growth among the 10 most populous metro areas. 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. 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.
[edit] MBA for Executives
The top-ranked Rice MBA for Executives is an unparalleled opportunity for experienced professionals to gain valuable education without interrupting their careers. Students learn essential skills in the classroom which they can immediately apply to the workplace. They gain insight into leadership, communication, information technology, finance and accounting, and business strategy. The MBA for Executives curriculum allows experienced professionals to examine business concepts and issues from a highly strategic perspective. 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 solid 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.
Program Highlights: (1) Flexible scheduling, (2) Full MBA degree, (3) Immediate and continuous return on investment, (4) Innovative curriculum, (5) International experience, (6) Outstanding faculty, and (7) Involved alumni network.
The Rice MBA for Executives is accredited by AACSB International.
[edit] MBA for Professionals
The Rice MBA for Professionals offers women and men who want to accelerate their careers a unique opportunity to earn a Rice degree while continuing to work. The Rice MBA for Professionals students have the same rigorous learning experience, faculty, facilities, and career services as do the MBA and MBA for Executives students.
[edit] Joint MBA/ME with the George R. Brown School of Engineering
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 highly-regarded George R. Brown School of Engineering. Graduates will learn the skills necessary to guide technology firms through rapid change and development.
[edit] Joint MD/MBA with Baylor College of Medicine
The MBA/MD Program allows students to obtain a Master of Business Administration from the Jones School and a Doctorate of Medicine from the world-renowned Baylor College of Medicine. The program answers the growing demand for skilled managers in the health care industry.
[edit] Rankings
• The Financial Times 2005 ranks the Jones School 47 of 100 global business schools and 28 of 57 U.S. business schools – the highest ranked business school in Texas and the Southwest.
• The 2004 Financial Times ranking of MBA for Executives programs ranks Rice the best in Texas and the southwest. Among U.S. schools Rice is ranked 13 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 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.
• Top in Jobs: Among U.S. schools, the Jones School ranked in the top ten (seventh) in “number in jobs three months after graduation," The Economist 2004.
• Top Students: 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).
• Top Women: 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."
• Singled Out: for its support of women and minority students by The Economist, the Financial Times, and Time.
[edit] Knowledge Management
First year students in the Rice EMBA program are required to complete a knowledge management paper for the Friedkin Chair of Management professor G. Anthony Gorry on how the principles of Wikipedia apply to businesses who are seeking to create a knowledge management system.
Dr. Gorry co-authored a paper entitled Creating a knowledge-sharing community: if you build it, will they come?
[edit] References
1. Jesse H. Jones Graduate School of Management website - http://jonesgsm.rice.edu/jonesgsm/Default.asp[[1]].
2. http://en.wikipedia.org/wiki/Houston#Economy [[2]]
3. http://www.flickr.com/photos/ricemba [[3]]
