The Smith Online MBA
Experience the Smith Difference
The online MBA from the Robert H. Smith School of Business at the University of Maryland, College Park, develops expertly skilled, ethically sound business leaders. Smith MBA graduates embody the professional intelligence and practical management skill set to thrive at the forefront of local, regional and international enterprise.
- Earn your MBA online in as few as 24 months with a flexible program that allows you to remain active in your professional role.
- Experience the same academic rigor and top faculty with the Smith Online MBA as offered in the campus-based programs, with the added flexibility and convenience of attending class online.
- Specialize in Accounting, Finance, Information Systems and Business Analytics, Marketing, or Supply Chain Management, or opt for the broader general track.
- Build your professional network by connecting with more than 60,000 Robert H. Smith School of Business alumni worldwide.
The Robert H. Smith School of Business Online MBA program is ranked No. 9 in the nation by U.S. News & World Report. Learn More
The online MBA program at the Robert H. Smith School of Business is accredited by AACSB International. Additionally, the University of Maryland, College Park, is accredited by the Middle States Commission on Higher Education (MSCHE). Learn More
About the Program
A Flexible and Engaging Curriculum
The top online MBA programs are delivered by exceedingly accomplished business experts.
Highly focused and experientially driven, the online MBA from the internationally recognized Robert H. Smith School of Business at the University of Maryland, College Park, features a world-renowned faculty and an innovative curriculum developed directly from real-world business experience. Our proximity to the Washington, D.C., business community gives us the ability to recruit speakers and educators from among today’s most powerful policy makers and professionals.
The Smith online MBA program is designed to provide the highest level of student engagement, utilizing features such as audio and video messaging, integrated multimedia and collaborative online workspaces.
Online MBA Student
“I chose Smith because when I researched other online MBA programs, it had the most positive attributes: the flexibility to stay home with my infant son while receiving a top-notch education, outstanding career service offerings…”
It is largely asynchronous, allowing you to continue to meet professional and personal obligations during your course of study. A small number of live online classes presented via the state-of-the-art video conferencing tool, Adobe Connect™, provide the benefit of “attending” class and interacting with professors and peers in real time.
Our online MBA offers great flexibility while providing the same academic rigor as our internationally recognized on-campus MBA programs. Hone your leadership abilities and develop high-level communication and analytical skills. Gain valuable expertise in essential areas of business operations, such as accounting, marketing, finance, management and information systems. Explore the ethical and financial challenges of doing business in the global marketplace. The Smith online MBA focuses on modern, applicable strategies and skills to create an educational experience with real-world value.
Relevant and Focused
Any MBA program should broaden your overall perspective and understanding of the diverse world of business. A first-rate MBA program will also provide a detailed examination of the business areas that most interest you. That’s why our online MBA offers four highly relevant specializations focused on the most important aspects of modern business — Accounting, Finance, Information Systems and Business Analytics, Marketing, or Supply Chain Management — in addition to a general track for those looking for the broadest MBA experience.
Broaden your MBA experience with an expansive look at the core concepts covered in each of the four specializations. Develop your background in accounting, information systems and business analytics, finance and marketing to become the most well-rounded professional you can be.
Information Systems and Business Analytics
Business is evolving more rapidly than ever through the increased ability to gather key information with speed and precision. Learn to manage and analyze data and design and implement information systems to help you stay current in the professional setting.
How your company and products are represented to the consumer is crucial to your company’s – and your – success. Explore the latest marketing topics, such as data-driven marketing and permission marketing. Build your brand management expertise while developing a strong portfolio of marketing skills that can be applied in a variety of settings.
Advanced managerial accounting is vital to every business. Learn to analyze, track and communicate the financial information necessary for formulating business strategy and managing financial assets.
Wise money management in the modern business environment is essential for success. Engage in an in-depth exploration of the challenging intricacies of corporate finance, financial restructuring and investing.
Supply Chain Management
Growing local and global operations takes expertise. With a curriculum designed for the future of supply chain management, that’s what you get. Learn how to identify, evaluate and mitigate risk, improve efficiencies and utilize cutting-edge supply chain technology applications, including cloud-based programs like Resilinc and SAP.
Build your business acumen with the same advanced business leadership courses offered through our prestigious on-campus degree programs. Examine entrepreneurship, management, information systems, ethics, the global economic environment, financial accounting, operations, negotiation, leadership, human capital and more. A strong working knowledge of these topics can help you become a well-rounded leader with the ability to work successfully across teams and departments.
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Foundation I Courses Credits
Data Models and Decisions 3
Introduces students to analytical techniques that establish the optimality of managerial decisions via empirical (“data models”) and logical (“decisions”) means. The course may be viewed as consisting of two integrated parts. In the first part, various methods of analyzing data, including regression analysis, are studied. The second part covers models for making optimal decisions in situations characterized by either an absence of uncertainty or where the uncertainty arises from non-competitive sources.
Introduces students to tools and skills needed to create and grow a successful new venture as well as evaluate the potential of new ventures and entrepreneurs for those in venture finance. The course integrates research findings from a range of different practical and intellectual perspectives, including psychology, sociology, economics, strategic management and history into practical, hands-on lessons for an entrepreneur. Class projects provide the foundations for new, real businesses.
Financial Management 3
Presents the main concepts and analytic methods of modern corporate finance. Students learn about the structure of financial markets, the techniques and language of finance and the various responsibilities of the corporate financial manager. Topics addressed include objective of creating shareholder value; valuation of corporate securities, including stocks and bonds; risk-return relationship and its implications for finance; financial techniques for evaluating corporate investments; corporate financing alternatives and the design of a company’s capital structure; coordinating investment and financing; and basics of derivatives pricing.
The Global Economic Environment 2
Provides managers with the tools necessary to intelligently interpret the national and international economic environment, including the impact of economic policies on the economy and the firm. The course develops basic macroeconomic theory to enable managers to critically evaluate economic forecasts and policy recommendations and then apply these concepts in a series of case studies.
Introduction to Financial Accounting 2
Focuses on the preparation, understanding and analysis of financial statements: income statement, balance sheet and the statement of cash flows. These statements report a company’s profitability and financial health and are useful to all economic agents who are engaged with the firm. These include investors (actual and potential), employees, customers and governments. The overall objective of this course is to provide students with the concepts and tools needed to understand and effectively use a company’s external or financial accounting information system.
Leadership and Human Capital 3
Builds on students’ leadership experience to extend their theoretical knowledge and applied skills. Using assessment tools, exercises, films, cases and other assignments, students gain a stronger understanding and skill set to excel in leadership positions today. Also provides an overview of the key issues related to managing human capital in organizations. Covers critical issues that every professional needs to know, regardless of functional area, and examines them from both a strategic and a tactical level that should be relevant to all practicing managers and leaders.
Managerial Accounting 2
Helps to analyze financial as well as non-financial information in planning, control and decision making. Managerial accounting is primarily concerned with helping managers make effective decisions related to utilization of resources, cost analysis, performance evaluation, etc. The overall objective of this course is to provide you with the concepts and tools needed to understand and effectively use a company’s internal or managerial accounting information system.
Managerial Economics and Public Policy 2
Examines basic microeconomic principles used by firms, including supply and demand, elasticity, costs, productivity, pricing, market structure and competitive implications of alternative market structures, market failures and government intervention, and public policy processes affecting business operations.
Marketing Strategy 3
Focuses on the development and application of a framework governing the marketing process with emphasis on strategic decisions including market segmentation, target market selection and brand positioning. Discussions include: the marketing concept, promotion strategies, go-to-market plans, pricing and sales force management.
Operations Management 2
Examines the strategic role that the operations function can play and offers specific tools and techniques that the firm can use for strategy execution. Covers concepts of operations management applied to both manufacturing and services, including operations strategy, analysis of process flows and bottlenecks, waiting line models, total quality management, Six Sigma and lean management.
Strategic Information Systems 2
Examines how to identify transformational technologies and develop strategies to take advantage of them, including case studies to illustrate managerial decisions about technology as well as lectures that help frame the issues. The course is focused on management issues and is suitable for the student with no IT experience, as well as for students with technical backgrounds who want to understand how to manage IT in the firm.
Supply Chain Management 2
Examines management decision making in the design and implementation of supply chains, including expansion overseas. Orients the student to the field of supply chain management through cases and lectures on the importance of the field. Closely examines critical decision making in the global supply chain, including managing the overall synchronization of demand and supply, buyer/supplier collaboration, and performance score carding.
Foundation II Courses Credits
Action Learning Projects 4
Action Learning Projects (ALPs) are a practical and high-impact way to develop your ability to think and lead across an organization by applying what you have learned in the classroom. ALPs are like a class project, but the difference between the typical class project and these transformative projects is the difference between a glass of skim milk and a milkshake. ALPs create practical learning experiences by integrating knowledge gained from the core curriculum and focusing on real business problems in real-time – outside the risks and demands of your day-to-day job.
Ethical Leadership 2
Teaches students how to: recognize the scope of managerial agency and the economic, legal and ethical responsibilities to various stakeholders; conduct elementary ethical analyses of managerial situations using the principal schools of ethical reasoning; identify the economic and ethical properties of a market mechanism and the means for addressing the limitations of a market; and recognize ethical leadership as the exercise of managerial agency in changing existing values and practices.
Executive Powers and Negotiation 2
Examines ways to expand your power and influence capabilities, as well as enhance your negotiation skills. Guides you in obtaining personal insights into your own approaches, strengths and weaknesses. Provides the opportunity to develop and implement a negotiation plan to apply the course principles in a personal or professional setting.
International Business 2
Provides a broad look at issues that global organizations face across the enterprise. The course explores international marketing, finance, management and organizational behavior strategies. Students taking the course receive a global business perspective.
Organizational Change 3
Develops the fundamental knowledge and skills of MBA students who plan to work with organizations as change agents, whether internally or externally as outside consultants. This course draws on literatures from organizational behavior, organizational change and development, organizational structure, human resource management and strategic management to identify and understand critical factors and underlying processes that drive for and against organizational change. This course also provides students with useful models, tools and skills for leading and managing organizational change effectively.
Strategic Management 3
Analyze and identify profit opportunities and threats in different industry and competitive environments; Analyze and identify a firm’s valuable assets, resources and capabilities and how they might be protected, leveraged, and extended in the market; Learn how to organize your company to be the best prepared to adapt its strategy over time as the market environment changes; and how to use organic growth as well as mergers, acquisitions, joint ventures, alliances, and divestitures to ensure that the firm maintains the proper scale and scope to compete effectively over time.
Opening Residency 2
Our three-day, on-campus experience is designed to welcome you to the Smith School community. You’ll get started on coursework, get to know the faculty and staff at the University of Maryland, College Park, and join classmates in the program for some team building – all at the doorstep of our nation’s capital, Washington, D.C.
Closing Residency: Capstone Business Experience 2
The capstone experience will help students appreciate the value and interconnectedness of the various functional business areas. The capstone will result in much stronger knowledge of all business areas and a more marketable online MBA degree.
A = Accounting, F = Finance, IS = Information Systems & Business Analytics, M = Marketing
Foundation II Selectives Credits
Fraud Examination, Detection, and Deterrence in the Business Environment (A) 2
This course examines and discusses issues relating to fraud in the business environment. It is applicable to students in the OMBA accounting, finance, business analytics, or general tracks. Fraud can be perpetrated due to failures in internal controls or ethical conduct in a business, as well as the pressures, motivations and opportunities of those who engage in the fraud. The objective of this course is to identify the business resources for deterring fraud, evaluating the conditions that permit fraud to occur, and to assist management to design effective fraud detection and prevention plans. The course will also introduce management to the steps necessary after fraud is detected, from the conduct of internal investigations, to the retention of external consultants and interface with the businesses’ external auditors.
The Impact of Taxation on Business Entities (A) 2
An exploration of the tax aspects of business entities and transactions. The course examines C corporations, S corporations, partnerships and limited liability companies from the standpoint of entity formation, operation and liquidation. The course also provides a basic introduction to the taxation of individuals, with emphasis on individuals as employees and proprietors.
Corporate Valuation (A, F) 2
The objective of this course is to teach students about: 1) the analysis and valuation of equity securities; and 2) the structure and function of the equity markets. Students will learn to analyze equity securities using the basic EIC (Economy/Industry/Company) framework used in the financial industry, paying special attention to financial statement analysis. Students also will learn the primary valuation techniques used to estimate market values for equity securities. Additionally, students will learn about the equity markets by studying current and expected changes in market structure and function, and by studying alternative methods of making equity investments. The analytical framework and valuation techniques, as well as the practical market information students learn in this class will be useful for careers in corporate finance, asset management, research, sales, trading, financial market regulation or financial journalism.
Commercial Bank Management (F) 2
The financial crisis and subsequent far-reaching overhaul of the financial services sector in the form of the Dodd-Frank Wall Street Reform and Consumer Protection Act, punctuates the critical need for understanding bank structure and their activities, risks and regulatory oversight. Banks are unique among other corporations in their ability to transform liabilities such as deposits into earning assets. The course focuses on bank structure and regulation, governance, asset and liability management and risks affecting financial institutions associated with bank activities.
Financial Restructuring (F) 2
Examines alternative ways to increase firm value through corporate restructuring, including mergers and acquisitions, spin-offs, carve-outs, leveraged buy-outs, and bankruptcy restructurings. Focus is on theory, practice, empirical evidence, and legal constraints related to each of these forms of restructuring, and emphasis is placed on valuation analysis and strategic considerations.
A = Accounting, F = Finance, IS = Information Systems & Business Analytics, M = Marketing
Foundation II Selectives (Continued)Credits
Data Analytics (IS) 2
In business magazines, on TV, and in board rooms, “big data” and “data analytics” are hot topics. Interest is high as vast quantities of data are being generated these days, including new types of data such as web traffic, social network data, and reviews and comments on websites. This data is a valuable resource that, when used correctly, can create a not only a competitive edge for companies but can lead to better decision making in all sectors of society.
This is a first course in data analytics focusing on descriptive and predictive analytics. This course is intended to provide an introduction to the tools and techniques of data analytics that are central to the analysis of data, with a focus on classification and prediction. A particular emphasis will be placed on understanding the data analytics process, and the outputs of different methods; less attention will be placed on the analytical and algorithmic interpretation of details of the methodology. The focus will be on business applications and examples from Marketing, Finance, Healthcare, and Operations will be used to illustrate the breadth of applications of Data Analytics in Business.
Managing Digital Businesses and Platforms (IS) 2
At the beginning of the 21st century our economy is increasingly becoming “digital”, i.e. shifting to products and services that have fewer “physical” components and more “information” and “network” components. Music and news are just two examples of industries where each new generation of products and services tends to have fewer “atoms” and more “bits”. Apple, Facebook and Google are examples of companies that derive their value from tying together groups of users in a network. Such digital businesses have a number of unique and unusual properties that set them apart from physical businesses and fundamentally change the structure and competitive dynamics of their respective industries. In this course, we will examine some of the characteristics of digital businesses and markets that make them unique and understand how companies can best manage them.
Social Media and Web Analytics (IS) 2
The advent of the sharing economy and the growth of social media platforms have provided unprecedented access to vast amounts of information and in the process transformed industries, spawned success stories, and redefined traditional business landscapes. This course will examine the strategic implications of these technological developments for businesses, consumers, and society at large.
In this course, we will review concepts and principles related to online platforms, social media, and web analytics, and examine the opportunities and challenges associated with business use of social media and web technologies. Through a combination of readings, simulations, case discussions, presentations, and hands-on projects/assignments we will learn about (i) the characteristics of networks, platforms, social media, and the sharing economy, and their potential to transform businesses and society, (ii) emerging business models and social media strategies, and (iii) approaches that businesses and policy makers can use to evaluate, apply, and leverage these technologies.
Consumer Behavior (M) 2
The field of consumer behavior involves the study of the processes involved when individuals (or groups) select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy needs and desires. This course is intended to enhance your understanding of consumer behavior and how it can be utilized by marketing managers to develop effective marketing strategies.
Questions we will answer include:
- what factors determine whether consumers will pay attention to the information you provide to them about your product or service?
- what factors determine whether they will be able to remember this information?
- what actions can you take to persuade people to try your product?
- when people try your product, what factors influence their evaluation of it?
Understanding all of these factors is essential if you are trying to get a customer to choose your product or service repeatedly over time, in addition to generating word-of-mouth for your product. Understanding consumer information processing also is critical to the successful design and implementation of marketing research. We find that students enjoy learning about consumer research, and often end up discovering as much about how they themselves are influenced by marketing actions as about how they can influence others.
Customer Equity Management (M) 2
This course focuses on managing customers of a business – whether in B2B or B2C space – as a portfolio of “equity”, focusing on understanding the current and future value of customers to the business that can aid in selective acquisition, development, and retention of customers using latest developments in information technology. Course participants will examine the conceptual foundations of customer equity, its measurement, its strategic implications, its use for determining return on marketing investments and its implementations in different business contexts through a variety of cases spanning both B2C and B2B space. The objective of the course is to examine the strategic and analytical aspects of customer equity in equal measure so that participants will have a deeper understanding of the power of customer equity management and how to put it to work effectively in their business.
Co-Creating Customer Experience (M) 2
You can always attract a customer with a promise, but retaining customers can be more difficult. Co-creating memorable and compelling customer experiences is a key way to retain customers, and in fact, can be a strategic core competence that materially affects a company’s growth and profitability.
This course will help students understand the dynamics and DNA of customer experience, and provide them with a framework for designing, implementing, and innovating customer experience. Students will be expected to apply their understanding of customer experience co-creation to improving or innovating the customer experience for a specific company (example, Arista-cloud networking), brand (example, Airbnb), customer segment (example, low budget business travelers), or product-market segment (example, vehicle accident trauma patients treated in outpatient settings).
A = Accounting, F = Finance, IS = Information Systems & Business Analytics, M = Marketing, S = Supply Chain Management
Foundation II Selectives (Continued)Credits
Global Trade Logistics (S) 2
In today’s international landscape, firms that want to “globalize” their operations must be aware of international distribution systems, governmental restrictions on the movement of goods, export and import documentation and the various players involved in worldwide trade. You can build that knowledge with this course. Get an in-depth view of logistics and supply chain issues related to import/export management. Learn how to operate industry-relevant, cloud-based SAP software. Apply case and theoretical material to examine international issues and then use your new skills to help your organization succeed under global competition.
Supply Chain Risk Management (S) 2
The key to resiliency in the global enterprise is supply chain risk management (SCRM) capability. With this course, you can develop your skills in risk identification, assessment and mitigation, master industry standard software like Resilinc and learn to enable a team experience with cloud-based supply chain risk analytics and management software, the basis of SCRM.
Innovative Solutions to Supply Chain Challenges (S) 2
In supply chain management, innovation is in constant demand. With this course you can learn how to make positive changes in your role through supply chain coordination/collaboration strategies and planning and product intermodal operations. Each week’s topic is explored through a computer simulation that allows you to address industry topics in an interactive and illustrative manner.
Our faculty is the heart of our MBA program.
While enrolled in the program, you will have the opportunity to learn from and collaborate with the innovators and established thought leaders of the Robert H. Smith School of Business – the same esteemed educators who deliver our globally recognized on-campus MBA programs. Consistently ranked among the nation’s best in intellectual capital by Financial Times, our faculty delivers a wealth of industry experience into every online course. Our students benefit from having the opportunity to interact and network with the minds that are currently shaping the world of business and defining the future of global business practice.
Associate Research Professor & Executive
Assistant Professor of Operations Management
Clinical Associate Professor | 2014 Undergraduate Studies Faculty Fellow
Margrét Vilborg Bjarnadóttir
Assistant Professor of Management Science and Statistics
Research Professor & Co-Director, Supply Chain Management Center
Clinical Associate Professor & Associate Chair, Accounting & Information Assurance Department
Associate Dean for the Office of Executive Programs & Clinical Professor
Lecturer, Management & Organization Associate Director, QUEST Honors Program
Michelle E. Smith Professor of Logistics & Co-Director, Supply Chain Management Center
Strategic Information Systems
Clinical Professor and Academic Director, Online MBA
Ralph J. Tyser Professor of Marketing Science | Chair, Department of Marketing
Clinical Associate Professor
Professor of Information Systems
Clinical Professor of Management
Visiting Assistant Professor
Clinical Associate Professor of Management Science & Statistics
Smith Chair of Human Resource Management & Organizational Change & Co-Director of CLIC
Clinical Associate Professor
Associate Professor of Information Systems & Co-Director of DIGITS
Clinical Associate Professor
Clinical Associate Professor
The Smith Difference
What Makes the Smith MBA One of the Best Online MBA Programs?
A Commitment to Entrepreneurship and Innovation
Entrepreneurial spirit is alive and well at the University of Maryland, College Park. The Robert H. Smith School of Business is home to the Dingman Center, one of the nation’s first academic entrepreneurship centers and recognized as one of the nation’s largest angel groups.
Dingman Center Angels is one of just a few angel investing networks nationwide that are housed in an entrepreneurship center or business school. The Dingman Center has received high honors and awards, including the NASDAQ Award for Center of Excellence in Entrepreneurship.
The Smith School is also home to Cupid’s Cup, one of the nation’s most prestigious entrepreneurial competitions, offering more than $115,000 in cash prize money to some of the business world’s brightest minds. In 2014, the event was hosted for the ninth time by the University of Maryland along with Maryland alumnus and Under Armour founder and CEO Kevin Plank.
Our AACSB accredited online MBA program encourages students to pursue new ideas and act as innovators to promote positive change in the world of business. The entrepreneurship component of the Smith MBA is designed to give you the skills to grow a successful business venture from the ground up and to accurately assess the potential of such a venture.
The Benefits of Experiential Learning
What will you learn during your MBA experience that will help you stand out as a smart, savvy business professional? Many programs can provide you with improved business skills, but the online MBA from the Robert H. Smith School of Business offers something more.
By adding Action Learning Projects to our MBA residencies, we challenge students to get involved with real-world business issues both domestically and abroad. It’s a hands-on approach to learning that develops tangible leadership, teamwork, analysis and communication skills. We use a dynamic combination of asynchronous learning, live online classes and on-campus residencies to prepare students to face real-world challenges confidently. Whether you’re looking to establish your place in consulting, international business, social venture, investing or entrepreneurship, the Smith MBA can provide the practical knowledge to help you achieve your goals.
Top Rankings and Recognition
Top Rankings and Recognition
The Robert H. Smith School of Business is proud of the multitude of top rankings that our MBA program has earned.
While the enrichment of our students will always be more important than recognition in any publication, these rankings give us great pride. They matter to us because they are representative of the level of dedication we pour into molding the next generation of innovative business leaders. They matter to you because they remind colleagues and associates that you are expertly qualified with an advanced business education of the highest caliber.
Our rankings include:
- #9 Online MBA (U.S.) – U.S. News & World Report, 2017
- #5 Best Online MBA Programs for Veterans (U.S.) – U.S. News & World Report, 2017
- #1 in Student Satisfaction – Bloomberg Businessweek, 2015
- #4 in Faculty – The Economist, 2015
View a full list of our current rankings here.
An Environment of Collaborative Growth
At the Robert H. Smith School of Business, we go to great lengths to provide an environment of support for all students and alumni.
Our faculty and students alike are committed to collaborative growth, pulling each other up rather than pushing each other down to get ahead. Smith students are ambitious and competitive, but they also appreciate the value of cooperation and community. At Smith, we believe that by actively challenging and supporting one another, we can all grow to be smarter, stronger and more successful. The atmosphere of collaborative growth is noticeable the moment you enroll, but it doesn’t end when you graduate. Graduates of the online MBA program join a powerful network of more than 60,000 proud Smith alumni who rely on each other as friends, colleagues and professional contacts.
Building Careers and Fostering Success
It’s no accident that the Robert H. Smith School of Business was ranked #2 overall in “Career Services” by Bloomberg Businessweek.
Providing support for students and alumni in their pursuit of career success is a focal point at the Smith School. We offer a wide range of services to help you grow as a professional – the same invaluable services that are provided to our on-campus students, including:
- Career coaching
- HireSmith online recruiting system and job database
- Internship assistance
- Resume and cover letter coaching
- Target job search management technology
- Peer-to-peer mentoring
- Interview training, including mock interviews
- Evaluating and negotiating job offers
- Soft skill development
University of Maryland
University of Maryland
About the University of Maryland,
The University of Maryland, College Park, is a public research university and the flagship campus of the University System of Maryland. Established in 1856, UMD is the original land-grant institution in the state. It is one of only 62 members of the Association of American Universities, an organization composed of the leading research universities in the United States and Canada. The University of Maryland is committed to achieving excellence as the state’s primary center for research and graduate education and the institution of choice for undergraduate students of exceptional ability and promise.
The university creates and applies knowledge for the benefit of the economy and culture of the state, the region, the nation and beyond. As the flagship of the University System of Maryland, the university shares its research, educational, cultural and technological strengths with businesses, government and other educational institutions. The university advances knowledge, provides outstanding and innovative instruction and nourishes a climate of intellectual growth in a broad range of academic disciplines and interdisciplinary fields.
Smith School of Business
Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate degrees along with full-time, part-time MBA and online MBA, Executive MBA, Executive M.S., Ph.D. and Executive Education programs, as well as outreach services to the corporate community.
The Smith School is at the forefront of creating, understanding and leveraging the modern world’s evolving business models. Our world-class faculty and research centers work to bring game-changing research into the classroom and the boardroom for maximum impact. We immerse our students in complex and evolving marketplaces where critical thinking, creativity and entrepreneurship are at the core of the enterprise.
Read more about the Robert H. Smith School of Business.
The Association to Advance Collegiate Schools of Business (AACSB) provides internationally recognized, specialized accreditation for business and accounting programs at the bachelor’s, master’s and doctoral levels. The AACSB accreditation standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs. AACSB accreditation is internationally known as the longest standing, most recognized form of specialized professional accreditation an institution and its business programs can earn.
Professional Work Experience
Multiple years of professional experience strengthen an applicant’s profile and provide an important edge in the admissions process. A minimum of two years of work experience is highly recommended for consideration. An application is not considered complete unless it contains the applicant’s resume.
There is one essay question and one optional question on the application. The Admissions Committee looks for well-written essays that clearly and thoughtfully answer each question.
A non-refundable application fee of $75 is required. Please pay by credit card as you submit your application online. The application Fee is waived for UMD Terp alumni and Military students.
Letter of Recommendation
A recommendation should be solicited from an individual who can objectively comment on an applicant’s performance in a professional environment. Only one recommendation letter is required with your application.
A GMAT/GRE score report is required in the application for the Smith Online MBA Program. A waiver may be considered if an applicant has demonstrated excellent quantitative and analytical skills through academic records and/or a successful career trajectory. Please contact an enrollment advisor for additional information.
For more information on the GMAT and to request an official score report, please visit www.mba.com. For more information on the GRE and to request an official score report, please visit www.ets.org/gre.
When requesting that a score report to be sent to the University of Maryland, please use the following institutional codes:
GMAT – Online MBA code is SQT-N8-32; GRE – Code is 5814 for all programs
The online application allows you to upload a copy of your transcript(s) for each college or university attended. If the transcript where you received your degree does not state the degree was conferred, please also upload a diploma or copy of your degree received. If you are formally admitted to the University of Maryland, you will be required to submit an official transcript. If your transcript is not in English, please also upload a notarized copy of your transcript translated into English.
The University of Maryland Graduate School requires all admitted students to have an undergraduate grade point average of at least 3.00/4.00.
The University of Maryland, College Park, requires any applicant who has not completed a university degree in a country in which English is the principal language (such as the United Kingdom, Australia, Ireland, and New Zealand) to take the TOEFL. You are strongly encouraged to include a photocopy of your TOEFL report with the application materials. The Admissions Committee will not review your file without the TOEFL. To view a list of countries exempt from taking the TOEFL exam please click here.
All applicants must comply with this policy regardless of citizenship status, number of years residing in the United States, and instruction language of his or her university. Contact www.toefl.org to request an official copy of your test scores to be sent to the University of Maryland, College Park – institutional code 5814.
Note: All students, including international students, are required to attend two three day residencies scheduled at the beginning and the end of the program on the University of Maryland campus in College Park, Maryland. The University of Maryland, College Park, cannot issue a Form I-20 or Form IAP-66 to students enrolled in the online MBA program for the attendance of the residencies.
Tuition and Fees
Tuition and Fees
2017 – 2018 Academic Year Tuition & Fees
|Tuition Per Credit Hour||$1,555|
|Total Credit Hours||54|
1There is no differentiation between in-state and out-of-state tuition. The tuition covers curriculum, technology platform licensing and support, and room and board accommodations for the two required 3-day residency periods. Transportation to and from the Smith School for the residencies, as well as course books and materials, is not covered in the tuition or fees. Tuition and fees are subject to change.
2The University-mandated technology fee, is charged twice a year during the spring and fall semesters.
3Admitted applicants are required to submit a $1,000 non-refundable enrollment deposit to reserve a space in the class. Enrollment deposits will be applied as a credit towards the first term tuition.
Financing Your Education
Financing Your Education
Financing Your Education
There are a multitude of scholarships and financial aid options available to help eligible students in paying some or all of the cost of their online MBA. Be sure to carefully review all financial aid resources to gain an understanding of what options may be available to you.
Merit Based Awards
The Smith School of Business awards scholarships to a select number of applicants based on scholastic merit, professional accomplishment and evidence of leadership. All applicants whose applications are complete by the application deadline receive automatic consideration.
Double Terp Scholarship
Beginning with the fall 2016 entry, a Double Terp Scholarship is available to alumni of University of Maryland, College Park who are newly-admitted into the Smith Online MBA program. Be sure to indicate that you are a graduate of the University of Maryland, College Park on your application for admission.
The Smith School of Business has partnered with specific organizations to offer a scholarship and no application fee or enrollment deposit for their full-time employees and their immediate family members who enroll in the online MBA program. If you are employed by a partner organization and would like to learn more about this benefit, or would like to confirm if your organization has a partnership with Smith, please contact an enrollment advisor.
Federal Student Loans
Students who are U.S. citizens or permanent residents may apply for Federal Student Loans through the Office of Student Financial Aid by completing the Free Application for Federal Student Aid (FAFSA). The application is available online at www.fafsa.ed.gov; UMD-College Park’s FAFSA code is 002103.
After the FAFSA is received by the Office of Student Financial Aid, additional information specific to the individual student may be requested. When all application materials are received Federal loans are certified, and the student is notified. This notification process typically begins mid to late June. An application for aid has no bearing on the application for admittance to the program.
US Military Members and Veterans
The University of Maryland has a Veterans Program Office to assist military service members and veterans in their educational pursuits. Scholarship and VA benefit information can be found online.
Satisfactory Academic Progress
All students receiving financial aid must maintain certain academic standards during the program or else risk losing eligibility for funding. Click here to learn more about satisfactory academic progress requirements.
2017 Academic Year Submission Deadlines
The Smith online MBA program offers four entry points a year in January, April, July and September. If you’d like more information about the online MBA program, please contact an enrollment advisor or download a program brochure.
|Application Deadline||Opening Residency||Start|
|Winter Term||November 1, 2016||January 5-7, 2017||January 16, 2017|
|Spring Term||February 1, 2017||March 30-April 1, 2017||April 10, 2017|
|Summer Term||May 1, 2017||June 22-24, 2017||June 26, 2017|
|Fall Term||August 1, 2017||September 14-16, 2017||September 25, 2017|
Online Military-Friendly MBA
Our military-friendly MBA program offers a number of benefits for veterans and active members of the military in recognition of their service. We are dedicated to providing military personnel with special opportunities to ease the transition to academics and make a first-rate education readily attainable. To help you navigate the enrollment process and the procedures for securing government funding, we offer a dedicated military advocate to act as a personal agent for military students. This advocate will also help you communicate with companies and organizations throughout the corporate landscape after you graduate to help you find the right career opportunity.
Other potential benefits for veterans and active military personnel include:
- Yellow Ribbon Program Participating Institution Benefits
- Waived application fees
- Merit-based scholarships for military/veteran students
- Veteran MBA alumni on staff to advise and advocate for military/veteran students
- VA education benefits
- Veteran-centered programming
- In-state tuition extended to veteran residents of Maryland and soldiers stationed in MD.
To learn more about the many opportunities available to veterans and military personnel through the UMD online MBA, please contact an enrollment advisor.
Take the first step toward your Smith MBA.