Jesse H. Jones Graduate School of Management

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The Jesse H. Jones Graduate School of Management (JGS) 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.

Rice MBA

The MBA program combines three essential elements: (1) A comprehensive core curriculum; (2) A required Action Learning Project, a summer internship, and numerous field-project-oriented electives; 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. It is believed that this low student-to-faculty ratio results in enhanced communications and interactions between students and the faculty.

• "Approaches to Learning": 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": The city of Houston is widely acknowledged to be 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 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 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 is the sixth-largest port in the world. The Texas Medical Center, which is a stone's throw away from Rice University, contains the world's largest concentration of research and healthcare institutions.
• "Students": Rice MBA students exhibit an unusual pride in their university and are known to wear t-shirts with slogans such as "Harvard: the Rice of the North-East."

MBA for Executives

The MBA for Executives curriculum allows experienced professionals to examine business concepts and issues from a 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 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 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.

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.

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.

Rankings

• The Financial Times 2007 ranks the Jones School 47 of 100 global business schools and 29 of 60 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.
• 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."

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 [http://jonesgsm.rice.edu/Faculty/TonyGorry/Default.asp 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 [http://portal.acm.org/citation.cfm?id=606290 Creating a knowledge-sharing community: if you build it, will they come?]

Notable Alumni

* James S. Turley, Chairman and CEO of Ernst & Young LLP
* Keith Anderson, founding partner of BlackRock Inc.
* Douglas L. Foshee, President and CEO of the El Paso Corporation; former CFO and COO of Halliburton; former President, CEO and Chairman of Nuevo Energy
* Mitch Bainwol, Chairman and CEO of the Recording Industry Association of America; former Chief-of-Staff to U.S. Senate Majority Leader Bill Frist
* Henry Tsang, President of Bear Stearns Asia Ltd.
* Jose Llontop Cadenas, President of Cemex-Egypt
* Dr. Wayne J. Riley, M.D., President of Meharry Medical College; former VP and Vice Dean for Health Affairs and Governmental Relations at the Baylor College of Medicine

ee also

*List of United States business school rankings
*List of business schools in the United States

References

1. Jesse H. Jones Graduate School of Management website - http://jonesgsm.rice.edu/jonesgsm/Default.asp [http://jonesgsm.rice.edu/jonesgsm/Default.asp] .
2. http://en.wikipedia.org/wiki/Houston#Economy [http://en.wikipedia.org/wiki/Houston#Economy]
3. http://www.flickr.com/photos/ricemba [http://www.flickr.com/photos/ricemba]
4. McNair Hall - http://www.bluffton.edu/~sullivanm/texas/houston/ricestern/jones.html [http://www.bluffton.edu/~sullivanm/texas/houston/ricestern/jones.html]