University Of Maryland Business School Acceptance Rate

Last Updated on December 24, 2022

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About University Of Maryland Smith School Of Business Acceptance Rate

Academics
A longstanding and thriving relationship with the resources and business leaders of the nearby Washington, D.C., and Baltimore metropolitan areas and a highly collaborative environment helps elevate students of the Robert H. Smith School of Business at the University of Maryland, College Park to perform at their highest levels. The theme of “Terps Helping Terps” runs throughout the Smith School, which prides itself on having “a community of inclusiveness, support and encouragement, which can be seen in job search teams, clubs and professional networking events.”

Poets&Quants - University of Maryland's Robert H. Smith School of Business

The Smith Experience offers five different focus areas—consulting, global, social value creation, investing, and entrepreneurship—and “there are a ton of opportunities for both leadership and experiential learning,” some of which are available to students just weeks into the program. The New Markets Venture Capital Clinic lets students gain professional experience in venture capitalism, case competitions are hotly anticipated events, and the chance to help manage the $2 million Mayer Fund (managed by a select group of second-year MBAs) are all projects that are “unique and very enriching and allow us to really put our learnings, knowledge and skills to good use.” The school’s international study programs provide a close-up of business operations around the world (in countries such as India, China, Brazil, and Spain), and Smith is also home to one of the country’s thirty-one Centers for International Business Education and Research (CIBER).

Lots of effort is put into creating a well-rounded experience, and professors “love to talk about current events and will come to our weekly socials to do so,” according to students. They are “generous with their time,” “open to feedback,” and “continuously aim at improving all aspects for better performance as a group.” This top faculty “brings their research directly into the teaching environment” and have access to special guest speakers that add to the MBA experience and potential career networks.

The Robert H. Smith School of Business at University of Maryland–College Park (Smith) offers these departments and concentrations: accounting, consulting, e-commerce, entrepreneurship, finance, general management, international business, leadership, marketing, management information systems, production/operations management, organizational behavior, portfolio management, public policy, supply chain management/logistics, quantitative analysis/statistics and operations research, and technology. Its tuition is full-time: $92,232 total program (in-state); full-time: $113,292 total program (out-of-state); part-time: $90,828 total program (in-state); part-time: $90,828 total program (out-of-state); executive: $129,900 total program (in-state); executive: $129,900 total program (out-of-state); specialty master’s: $1,582 per credit (in-state); and specialty master’s: $2,015 per credit (out-of-state). At graduation, 73.50 percent of graduates of the full-time program are employed.

At the University of Maryland’s Robert H. Smith School of Business, students can choose between full-time, part-time, and executive M.B.A. programs. Part-time students have the option of evening courses in Washington, D.C., and Baltimore, or weekend classes in D.C. The Executive M.B.A. track at the Robert H. Smith School of Business is a 19-month program at the College Park campus for applicants with significant management experience. The school also offers master of science in business degrees in finance, accounting, information systems, and supply chain management.

Students enrolled at the Robert H. Smith School of Business can get hands-on experience in financial trading and e-commerce at one of the schools Netcentricity Laboratories, or try their hands at securities analysis and portfolio management through the Mayer Fund.

University of Maryland’s Robert H. Smith School of Business is also one of only 31 business schools in the United States to house a Center for International Business Education and Research. Created by Congress, and funded by the Department of Education, the CIBER program at Smith focuses on research and experiential learning in global entrepreneurship, emerging markets, government policy, and sustainability. For addition global experience, the Robert H. Smith School of Business offers 10-day and semesterlong study abroad opportunities.

Poets&Quants for Execs - University of Maryland's Robert H Smith School of  Business Executive MBA

Master’s candidates studying at the College Park campus can unwind at the Adele H. Stamp Student Union, which is home to restaurants, cafes, a bowling alley, and a movie theater. The College Park campus is also a short train ride from the museums and monuments in D.C., and within driving range of Baltimore and Annapolis, Md. One famous alumna of the Robert H. Smith School of Business is Lorrie Norrington, on Fortune’s list of the 50 Most Powerful Women in Business in 2009. Norrington is the former president of eBay and sits on the board of directors for DirecTV; Lucasfilm Ltd.; and McAfee, Inc.

France, Austria, Dubai, Australia, and South Africa. These are just some of the places that students at the Robert H. Smith School of Business at the University of Maryland have traveled to during their four years in college. The school believes the best way to learn is through reality-based experiences and whether on- or off-campus, students can choose from a myriad of opportunities to gain real-world experience and build strong portfolios rather than crowded resumes.

“It is my firm belief that Smith students will never experience another time in their lives when so many are dedicated to their success,” Victor Mullins, associate dean of the school to the students, says. “At Smith, we are committed to helping our students become information seekers, problem solvers, opportunity creators, and community builders.”

Smith School of Business boasts an impressive 84.5% of students in the class of 2017 found full-time employment within three months of graduation with a starting average salary of $59,950. Their graduates were so attractive to employers, including Ernst and Young, Deloitte, KPMG, IBM, Grant Thornton, and PwC, that 47% of them also received signing bonuses to sweeten the deal. No wonder the school reported that receiving over 7,300 applications to join their undergraduate business program in the fall of 2017. In the end, 1986 students were accepted into the four-year program.

LOCATION CLOSE TO D.C. AND BALTIMORE

Aerial of M Circle with red flowers, with a view of the surrounding  buildings. – UMD Chabad

The University of Maryland is a public research university located in the city of College Park. Joining Smith means being just eight miles from the White House and being plugged into government, corporate, and international decision-making and opportunities. The university’s Department of Economics and Business Administration first began offering a business curriculum in 1921, where students had to take classes such as diplomacy, public speaking, and constitutional law in an age of dramatic social and political change. It became the Robert H. Smith School in 1998 following a $15 million pledge by the alumnus to the school and today, there are 32,000 alumni living in the D.C. metro area. Just 30 minutes away from Smith is the city of Baltimore. The city has significant historical importance with over 65,000 historic buildings and is the home to the birthplace of Francis Scott Key’s poem that led to the creation of The Star-Spangled Banner.

Fostering an inclusive and diverse environment is paramount for Maryland administrators. As part of their education, students are guided to an understanding of conscious and unconscious bias, microaggressions, privilege, and power. And in November, 175 Smith students joined a two-day event involving faculty, staff, and students in a Diversity Action Forum where they discussed myths such as the popular belief of “I don’t see race, we are all just the same.”

Speaking at a faculty and staff session, Roger Worthington, chief diversity officer of the University of Maryland, College Park, said that while many people used their first amendment rights as an excuse for bad behavior, they “must condemn free speech that is hate speech.”

The school reports that 24% of their incoming Fall of 2017 students are from under-represented minority groups.

EXPERIENTIAL LEARNING A BIG PART OF MARYLAND SMITH CURRICULUM

Students at the Smith School can choose from eight majors: finance, information systems, international business, management, marketing, operations management and business analytics, and supply chain management. Four years of tuition and university fees at the school is likely to add up to about $41,000 for an in-state student, and about $123,636 for an out-of-state student, but almost 60% of alumni surveyed by Poets&Quants said they believed their business degree was worth their time and the cost in tuition.

On top of rigorous education, the school takes experiential learning so seriously that they have an Office of Transformational Learning that is focused on creating innovative learning opportunities for students.

Top undergraduate students at Smith are invited to join the Innovo Scholars Consulting Program, where they learn advanced management consulting strategies by working in teams to serve a client. Innovo scholars can choose to join the Course Innovation track, where they work with instructors to innovate Smith School courses and programs, or the Business Process Track, where they work with a business and hone their business acumen on real-world situations.

Allison Herskovitz, a member of the class of 2018, helped change the structure of the Principles of Accounting I course to improve learning outcomes while in the scholars program. She said that the experience inspired her to major in accounting and she continues to help and motivate her peers through the course as a teaching assistant.

Since being instituted in 2015, the Innovo Scholars Consulting Program has helped transform over 40 courses and programs with the help of students themselves.

In another innovative move, the school introduced the Smith Live Case initiative in spring 2016, where students work on complex business problems to deliver creative solutions for partner corporations. They are given the parameters, recommendations, and implications of the situation by partners including Target, Deloitte, BDO, Unilever, Salesforce, and Pepsi before their work starts. And by the end of the class period, instructors and company representatives offer feedback on recommendations to the students.

EXTRA-CURRICULAR EXPERIENTIAL LEARNING ALSO A PRIORITY

Outside of the classroom, Smith students have over 10 fellowships and programs to choose from to get hands-on learning. Most programs include not only coursework but also treks, excursions, and networking events. In the two-year Strategic Design and Innovation Fellows program, for example, students are plunged into the world of design thinking. As juniors, students create retail concepts and pitch their ideas to a set of real-estate developers. In their second year, the intentionally multidisciplinary program will see students rebrand existing companies or products and develop marketing campaigns that they then pitch to seasoned businesspeople. By becoming familiar with the Adobe Creative Suite, creating impressive projects and working on their personal brands, students are prepared for jobs involving product design, interactive websites, user experience design, wayfinding, and other opportunities usually reserved for design students.

“I learned subjects outside of the normal marketing curriculum and experienced real-world projects,” Rebecca Salzman, a fellow who now works as a senior associate commercialization manager for McCormick & Company, Inc, says. “The program allowed me to network and build incredible connections I otherwise would not have and separated me from the rest after graduating and applying for jobs.”

Students who are part of the program also go on an overnight trip to New York City, which is three hours away, that includes alumni networking events, shadowing a marketing or design alum experience, and company visits. Graduates of the program attend a dinner where alums share presentations of their work and help students secure internships in firms including Google, Percolate, and Nestle.

STUDY ABROAD OPPORTUNITIES GALORE

Outside of specific programs, the school also hosts an annual “Smith In The City” trip. In November 2017, almost 200 students traveled to New York City to visit three dozen companies and meet alumni during a networking event at the Grand Hyatt New York. For the purpose of this trip, students are divided into tracks of the functional areas of accounting, business analytics, consulting, entertainment, entrepreneurship, fashion, finance, and marketing. They meet in small groups beforehand to prepare questions for the companies they will visit, including Goldman Sachs, Facebook, and Edelman and discuss networking strategies to get the most out of their time with industry professionals.

“The NYC trip is a great way for students to fully understand where their studies can take them,” Juliette Carnevale, a class of 2018 marketing major, says. “This trip has not only shown me what my future career could look like, but also how far networking can take you, whether that be through the alumni event or the office visits.”

For students who are interested in taking their Smith education outside of the country, the school offers everything from faculty-led short-term courses and courses with embedded study-abroad components, to semester-long and summer-long programs.

In March 2018, a group of Smith students in the Brazil Embedded Course will travel to Sao Paulo and Rio De Janeiro to add to their comparative study on businesses in the U.S. and in Brazil. While the program fee is listed as $3,090 excluding airfare, visa, meals, and personal expenses, the school offers $600 in Smith School Scholarships for students going on a study abroad experience for the first time. Students who need more help can also apply for other scholarships that offer up to $1,100 in help with semester abroad programs.

Students can also choose from a multitude of travel-abroad opportunities from outside the Smith School. Alumnus Elaine Oves spent a semester in Vienna, Austria as part of a language immersion program with the University of Maryland Language House.

“I now speak German and French at a near-fluent level,” Oves, who is now enrolled in a dual masters program at Freie Universitaet Berlin while working as an analyst intern, says. “After graduation, I moved to Europe to work in the defense sector in Germany. I likely would’ve never had the courage to pursue my ambitions abroad without prior positive experience at UMD.”

Robert H. Smith School of Business is a part of the famous University of Maryland USA. With consistent efforts, the school has ranked #42 in best business schools by US News. The application procedures for all programs is nearly the same and admissions at the Robert H Smith School of Business take place thrice a year in the fall, summer, and spring sessions. The next application deadline is November 1, and costs an application fee of 75 USD.

For international students the tuition fee is estimated to be around 59,006 USD per year and the living expenses approximate around 23,360 USD. Being one of th best business schools in the US, MBA at Robert H. Smith School of Business is quite renowned for which the tuition fees is 2,048 USD per credit. The school also offers some competitive scholarships based on academic performance, residency, work experience, such as the merit scholarship, graduate assistantship, etc.

Check MBA in USA Admission Timeline

Robert H. Smith School of Business Rankings
Ranked #42 in best business schools by US News in 2021

28 in part-time MBA by US News

Undergraduate Best Colleges Rankings by US News place the college at #19
Ranked #24 in world university ranking by QS
The college has also been ranked #18 in EMBA North America Ranking by QS
Ranked #42 in EMBA ranking globally by QS

Highlights

College TypePublic
College CampusUrban
Campus LocationCollege Park, Maryland USA
Application ModeOnline
Application PortalPortal
IntakeThree intakes a year
Intake SessionsSpring, Summer, and fall
Campus AccommodationYes
Application Fee75 USD
Mode of ProgramsFull time, Part-time, Online
Types of ProgramsBachelors, Masters, and Ph.D. programs
Admission Help[email protected]
Official Websitewww.rhsmith.umd.edu

Robert H. Smith School of Business Campus
A part of University of Maryland located at College Park, the business school offers international students with a lot of opportunities for networking, experiential learning, internships, and jobs. College students take advantage of all the facilities available at a university campus.

The school also has some satellite campuses located at Ronald Reagan Building Washington D.C, UMD Bio Park Baltimore, and Shady Grove. All the satellite campuses offer part-time MBA programs.
RH Smith School of Business has multiple well-equipped classrooms, meeting rooms, seminar halls, and other academic blocks & offices.
The school offers multiple clubs & associations, recreation, and wellness facilities to students like a fitness club, gymnasium, swimming pools, sports club, golf course, and other health services.
Students get access to the college library as well as the main library (McKeldin Library) of the University of Maryland which contains thousands of academic resources.
Read Student reviews of Robert H Smith School of Business

Robert H. Smith School of Business Residence
Smith School of Business offers on-campus housing facilities through its two residential halls namely Prince Frederick Hall, and the Domain at College Park. These halls provide housing facilities to only undergraduate students.

These residence halls offer single, double, and four persons shared rooms with all the basic to advanced amenities like student rooms, study tables, meeting rooms, and common space.
The school also helps MBA students to get off-campus housing in multiple residential halls like college park, Silver Spring, Bethesda, Greenbelt, Riverdale, etc.
Here are some housing recommendations for international students:

Residential AreaMonthly Pricing (in USD)
Baltimore/Columbia/Annapolis1,750-2,500
Bethesda/Chevy Chase1,500-3,500
College Park1,250-1,500
Rockville/ North Potomac1,750-2,500

Robert H. Smith School of Business Programs
Robert H Smith School of Business is famous for offering multiple online, offline, undergraduate and postgraduate programs. In a plethora of programs offered to both international and domestic students, some of the most famous undergraduate programs offered at the Robert H Smith School of Business include BSc International Business and Bachelor of Management.

Here are some top programs offered by the college:

Program Fees per credit (in USD)
Master of Business Administration (MBA) 2,098
Flex MBA 1,682
Master of Finance 2,015
Master of Science in Accounting 2,098
Master of Science in Business & Management 2,098
Master of Science in Marketing Analytics 2,098
Master of Science in Business Analytics 2,098
Master of Science in Supply Chain Management 2,098

Robert H. Smith School of Business Application Process
The college attracts a lot of international students because of its quality education in the business field. International applicants are advised to apply a month prior to the deadline.

Application mode: Online
Application portal: Robert H Smith School of Business Application Portal
Application fees: 75 USD (non-refundable)
Application deadlines: November 1, and December 22 (for Ph.D.)
Admission help: [email protected]

  • Documents Required:
  • Application form with fees
  • Previous qualification transcripts
  • High school transcripts
  • Bachelor’s degree certificate
  • Masters degree certificate
  • English translation of transcripts
  • Current resume
  • Proof of work experience
  • GMAT/GRE test scores
  • SAT/ACT scores
  • English test scores (IELTS/TOEFL)
  • Passport and student visa
  • Covid-19 vaccination certificate
  • Letter of recommendation
  • Self-written essay
  • I-20 form
  • Financial stability certificate
  • Other requirements as per the program

English Language Proficiency Requirements
International students must submit proof of English language proficiency if they want to get admission in any of the programs offered by the college. RH Smith School of Business accepts various types of scores like IELTS, TOEFL, Duolingo, etc.

Given below are the minimum test scores accepted by the college:

TestRequirement
IELTS7.0
TOEFL96
PTE68
Duolingo120

Robert H. Smith School of Business Cost of Attendance
Annual tuition fees for most of the program at the school costs around 56,646 USD, living expenses in US, on the other hand, cost approximately 18,000 USD per year.

Given below are the various costs incurred by international students applying at the business school:

ExpensesCost per year (in USD)
Tuition fee56,646
Living expense18,000
Books & Medical3,000
Other fees2,360

Robert H. Smith School of Business Scholarships

Robert H Smith Business School offers various types of scholarships to international students on the basis of academic performance, test scores, nationality, GPA, major, credit accumulation, financial need, and other important factors. Other than these, international students can also apply for external scholarships in the US.

Here are some scholarships provided by the school to international students:

ScholarshipEligibilityAmount (in USD)
Merit AwardsGMAT/GRE scores Work experience20,000-60,000
Merit Award FellowshipGraduate degree enrollment20,000-60,000
Double Terp AwardAlumni enrolled in full time MBA10,000
Graduate AssistantshipsGraduate degree enrollment27,300

Robert H. Smith School of Business Alumni Network

Some notable alumni at the Robert H Smith School of Business are:

  • Kevin Plank, American businessman
  • Carly Fiorina, Businesswoman
  • Ryan D. McCarthy, Former Army Secretary
  • Taylor Cummings, Lacrosse midfielder
  • Nandini Jammi, Activist

Robert H. Smith School of Business Placements

The school regularly conducts career fairs, job search fairs to help students in landing a perfect job. The school has a great network of top recruiters like Amazon, Deloitte, Bank of America, Google, etc. recruiting lots of students at a mean package of 116,418 USD.

The degree wise average salaries for Smith School of Business graduate are given below:

DegreeAverage Salary per annum (in USD)
Executive MBA217,000
MBA143,000
Masters in Finance107,000
Masters in Management95,000
Executive Management & Change168,000

Robert H. Smith School of Business is quite famous among study abroad candidates because of its international recognition. The business school also provides innovative career opportunities in the US to international students through its job hiring portal HireSmith. Moreover, the school is also known for providing affordable tuition with higher return rates, the highest salary for RH Smith School of Business graduates being 217,000 USD.

The business school helps drive students’ interests and to increase their brand value by helping them in heading or scheduling one of the following events, Corporate Conversations/Presentations, Employer of the day, Networking events, Office hours, workshops and panels and many more. This activity helps to boost confidence in an individual and to connect with talent one’s desires.

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