Last Updated on January 19, 2023
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About University Of Maryland Undergraduate Business School
The undergraduate experience at Maryland Smith is like no other. Our students proudly call it “The Smith Experience.”
From personal career coaching to the rare suite of activities only Smith offers, you’ll be able to check all the boxes necessary to build your own brand and command your career. You’ll be prepared to take on the responsibilities and intellectual challenges that a keen business sense requires. You’ll develop as a leader, but also have the interpersonal skills to be an invaluable teammate.
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 Net centricity 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.
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.
MBA Program Overview
The application deadline for the online MBA programs at University of Maryland–College Park (Smith), a public school, is rolling. One hundred percent of students are already employed when they first enroll. For these programs, the majority of the online classes are recorded and archived. Students should also note that the online MBA programs at University of Maryland–College Park (Smith) are accredited by the Association to Advance Collegiate Schools of Business, the gold standard of business school accreditation.
About the Online MBA Degree Program
Content in this section is provided by the school.
Maryland Smith Online MBA students benefit from career coaching, an alumni network of over 66,000, and a top-ranked faculty. Students connect with one another and their faculty during their first on-campus residency, and this continues through weekly online live class sessions. These courses are designed and led by the same faculty who teach our in-person MBA programs. Five specialization tracks and a general track are offered to deepen subject expertise, and students may participate in global study programs. In their second year, students delve into action learning projects, addressing real-world challenges from their own organizations, and the program culminates in a closing residency and capstone simulation.
The Robert H. Smith School of Business is a school of business management within the University of Maryland, College Park. One of 12 colleges and schools at the university’s main campus, the Smith School offers programs at both the graduate and undergraduate levels, including bachelor’s degrees, full-time and part-time Master of Business Administration (MBA), online MBA, MS, MFin, Executive MBA, Ph.D.s, and executive education outreach programs to the corporate community. Undergraduate degrees are offered in accounting, finance, information systems, international business, supply chain management, marketing, general business and operations management. The University of Maryland’s Smith School of Business is accredited by AACSB International – The Association to Advance Collegiate Schools of Business, the premier accrediting agency for bachelor’s, master’s and doctoral degree programs in business administration and accounting.
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.”
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 University of Maryland R.H. Smith School of Business offers a full-time MBA on its College Park, MD, campus. This campus is located less than 10 miles from the White House. In addition, the UMD Smith School offers part-time, online, and executive MBA options. Overall, the UMD Smith School’s MBA is distinguished by its internationally recognized faculty, economically vibrant region, opportunities with top employers and powerful alumni network.
What is the tuition for Smith’s MBA program?
The tuition for Smith’s MBA program is $46,575 (in-state) and $57,213 (out of state) per year.
Does the Smith MBA program accept the GRE?
Yes. The Smith MBA program has accepted the GRE for a few years now.
What is the minimum number of years of work experience required for admission to Smith’s MBA program?
Smith does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 6 years of experience.
What is the average number of years of work experience for admission to Smith’s MBA program?
The average number of years of work experience among students in Smith’s MBA program is 6.
What is the average starting salary for graduates of the Smith MBA program?
The average starting salary for Smith MBA graduates is $116,428.
How long is Smith’s full-time MBA program?
Smith offers a traditional 2 year MBA program.
What are the application deadlines for Smith’s MBA program?
The Round 1 MBA application deadline is October 1, 2020. The Round 2 deadline is November 1, 2020. The Round 3 deadline is December 15, 2020. The Round 4 deadline is January 15, 2021. The Round 5 deadline is March 1, 2021. The Round 6 deadline is April 30, 2021 after which, admissions is rolling.
UMD Smith gives its applicants the choice of applying in one of five admissions rounds, which usually take place once a month, October through January, and then finally in March. December is the priority deadline for scholarships for international students, while domestic students have until the January deadline to be considered a priority for scholarships. The application requirements for UMD Smith include the online application, an essay, a letter of recommendation, a $75 application fee, GMAT/GRE scores, transcripts, and TOEFL/IELTS scores, if necessary.
On average, Smith expects a class size of 120 students. Members of the Smith MBA class matriculate with 6 years of work experience. The average GMAT score lands at 640 and undergraduate GPA at 3.23.
Online Application Form
Official Undergraduate and Graduate Transcripts
Letter of Recommendation
GMAT or GRE
TOEFL or IELTS (if applicable)
The more than 200 full- and part-time professionals who make up the UMD Smith School faculty bring their significant expertise to the classroom. They comprise six academic departments: Accounting & Information Assurance; Business Communication; Decision, Operations, & Information Technology; Finance; Logistics, Business, & Public Policy; Management & Organization; and Marketing. Furthermore, many of the professors have worked as consultants for leading corporations or worked in the international business realm.
The UMD Smith School’s full-time MBA requires 54 credits to complete, and the program lasts for two years. Students begin the program in August and take classes during weekdays.
Core courses, which cover topics such as financial accounting, managerial economics, and strategic management, encourage students to master business fundamentals. These make up 30 of the required 54 credits. Furthermore, the program offers students four career tracks to choose from: Consulting & General Management, Finance, Marketing, and Operations & Supply Chain/Logistics. In each track, MBA students take courses that will prepare them for their futures in that specialty. For instance, Finance offers MBA students in Derivatives and Financial Restructuring. In addition to the track coursework, students take electives. The number of electives vary based on which track students take. For example, Consulting & General Management only requires four elective credits, whereas Finance requires students to take 12.
In addition, the UMD Smith School provides many opportunities for international travel. MBA students may participate in consulting opportunities, semester-long exchange programs, and 10-day global learning experiences to understand more about the international business world.
Other MBA Degree Options
The UMD Smith School also offers a Part-time MBA, an Online MBA, and an Executive MBA. The Part-time MBA offers a flexible format that can be completed in 24, 28, or 33 months on evenings in Rockville, MD; Baltimore, MD; or Washington, D.C. Fifty-four credits are required for completion. Students have an average of five years’ working experience and represent a variety of industries and academic backgrounds.
The Online MBA takes place over 24 months and requires 54 credits for completion. Aside from a three-day residency at the beginning and end of the program, all coursework takes place online. Students have an average of eight years of work experience. They hail from areas all over the United States, and many international students also pursue this degree.
Lastly, the Executive MBA takes place on Fridays and Saturdays of alternating weekends. The UMD Smith EMBA program is cohort-based and places a strong emphasis on personal growth, leadership development, and the improvement of executive competencies. UMD Smith EMBA students tend to be further along in their careers with an average of 15 years of working experience with at least three to five years of management experience.
Career Tracks at UMD Smith
Consulting & General Management
Operations & Supply Chain/Logistics
Degree Options at UMD Smith
Full-Time MBA Program
Part-time MBA Program
Clubs, Conferences, & Competitions
Twenty clubs invite MBA students to get more involved with the UMD Smith School community. The clubs may focus on particular areas of study (such as the Smith MBA Finance Association) or cultural affinity (such as the Asian MBA Association).
Furthermore, the UMD Smith School offers annual conferences, such as the Smith Entrepreneurship Research Conference, to encourage prominent business leaders to speak on a variety of topical issues.
Lastly, the Cupid’s Cup Business Competition is the University of Maryland’s international business competition. It promotes student entrepreneurship. Previous winners have included a company to improve coffee, an app to help students locate college scholarships, and an inexpensive device for diagnosing Malaria.
The UMD Smith School is located only 10 miles from the White House on the University of Maryland’s College Park campus. The business school is located in Van Munching Hall, which offers meeting spaces for interviewing and networking and houses career services and the Dean’s office.
The UMD Smith School offers comprehensive career services, including individualized career coaching, mock interviews, and career fairs. Assistance with résumé building and personal branding are also provided, and leadership assessment tools and automated job postings are available as well. Furthermore, students are given a comprehensive career education that addresses the soft skills needed for successful connections. On-campus interviews with prospective employers are also offered, but those abroad may virtually interview with staff to practice the related skills. Students have been hired by prominent companies, such as Amazon, Deloitte, and Citi.
For the Class of 2020 full-time MBAs, technology was the most popular industry, as 26% entered the field. Consulting was next at 21% while financial services followed at 13%. Next in line was consumer products, employing 10% of the Class of 2020. Manufacturing and healthcare/pharma each saw 5% of the Smith MBA class, and the remaining 20% spread out across different industries.
For the class entering Fall of 2020, tuition was $46,575 (in-state) or $57,213 (out of state) per year. Additional fees add $2,360 to the cost of attendance.
Applicants who meet priority deadlines are automatically considered for merit awards based on scholastic achievement, test scores, and leadership experience. Furthermore, full-time MBA students may qualify for graduate assistantships in exchange for a partial tuition waiver. Scholarships are also available for military service members and veterans. Federal student loans may be available for qualified students with a FAFSA application. Lastly, international students may get loans through the Global Student Loan Corporation or country-specific organizations.
Estimated Cost of Attendance (per academic year, 2020)
Tuition: $46,575 (in-state); $57,213 (out of state)
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
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.”