Online Master of Business Administration

Experience the Smith Difference

The Smith Online MBA

Experience the Smith Difference

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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 21 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 Finance, Information Systems and Business Analytics, Accounting or Marketing, or opt for the broader general track.
  • Build your professional network by connecting with more than 57,000 Robert H. Smith School of Business alumni worldwide.

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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

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The Robert H. Smith School of Business MBA program has received top rankings in multiple outlets, such as the Financial Times and Businessweek. Learn More

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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.

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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.

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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 — Marketing, Finance, Accounting or Information Systems and Business Analytics — in addition to a general track for those looking for the broadest MBA experience.

  • General Track

    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.

  • Marketing

    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.

  • Accounting

    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.

  • Finance

    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.

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Curriculum

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.

Foundation I Courses Credits

Entrepreneurship 2

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.

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.

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.

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.

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.

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.

Credits

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.

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.

Supply Chain Management2

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.

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.

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.

Foundation II Courses Credits

Executive Power 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.

Managerial Accounting 2

Helps to analyze financial as well as nonfinancial 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.

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.

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.

Strategic Management 3

Explores the set of challenging decisions, tasks, frameworks and tools involved in strategic management in a global environment. Focuses on strategy as integrative and oriented to bottom-line performance, dynamic and evolutionary. Competitive strategy in a global context adds the focus of positioning in markets vis-a-vis other companies trying to serve the same customer, maneuvering dynamically and finding or creating open niches.

Credit

Foundation II Selectives 2

Elective courses will be offered in Foundation Two. Each student can select three electives in Foundation Two according to their specialization or a mix of electives for the general track. These electives provide an opportunity for advanced learning in a subject area of your choice. They will enhance your knowledge and skills to help you build a career track in the fields of finance, accounting, information systems and business analytics, marketing or general business management.

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.

Action Learning Project 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.

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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 that 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.

Progyan Basu

Progyan Basu
Clinical Associate Professor | 2014 Undergraduate Studies Faculty Fellow
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Margrét Vilborg Bjarnadóttir

Margrét Vilborg Bjarnadóttir
Assistant Professor of Management Science and Statistics
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Jahangir Boroumand

Jahangir Boroumand
Clinical Associate Professor & Senior Fellow, Office of Executive Education
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Eugene Cantor

Eugene Cantor
[Need Title]
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David Godes

David Godes
Associate Professor
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Brent Goldfarb

Brent Goldfarb
Associate Professor
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P.K. Kannan

P.K. Kannan
Ralph J. Tyser Professor of Marketing Science | Chair, Department of Marketing
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David Kirsh

David Kirsh
Associate Professor
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Elinda Kiss

Elinda Kiss
Clinical Associate Professor
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Hank Lucas

Hank Lucas
Professor of Information Systems
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Oliver Schlake

Oliver Schlake
Clinical Professor
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Myeong-Gu Seo

Myeong-Gu Seo
Associate Professor
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Hugh Turner

Hugh Turner
Clinical Associate Professor
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Susan White

Susan White
Clinical Professor
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Karen Wouters

Karen Wouters
[Need Title]
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Yi Xu

Yi Xu
Associate Professor of Operations Management & Associate Department Chair
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Bennet Zelner

Bennet Zelner
Associate Professor
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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

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:

  • #4 Online MBA (U.S.) – Poets & Quants, “The Definitive Guide to Online MBAs”, 2014
  • #4 in FacultyThe Economist, 2013
  • #6 in Information SystemsU.S. News & World Report, 2014
  • #1 in Student SatisfactionBloomberg Businessweek, 2014

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 57,000 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:

  • HireSmith Online Recruiting System and Job Database
  • Internship assistance
  • Resume and cover letter coaching
  • Target job search management technology
  • On-campus recruiting
  • Peer-to-peer mentoring
  • Interview training, including mock interviews
  • Preparation for negotiating and evaluating job offers
  • Soft skill development
  • Strategic job search planning

About Us

University of Maryland

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About the University of Maryland,
College Park

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.

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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

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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 MS, PhD 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.

Accreditation

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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.

Admissions

Admission Requirements

  • 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.

  • Essays

    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.

  • Application Fee

    A non-refundable application fee of $75 is required. Please pay by credit card as you submit your application online. The application fee is not refundable under any circumstances.

  • Letter of Recommendation

    A recommendation should be solicited from an individual who can objectively comment on an applicant’s performance in an academic or professional environment. Only one recommendation letter is required with your application.

GMAT/GRE Exam

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 at 1-877-807-8741 or via email at admissions@onlineprograms.umd.edu 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 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

Academic History

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 2.80/4.00.

Test of English as a Foreign Language (TOEFL)

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.

To view a list of countries exempt from taking the TOEFL exam please click here.

You are strongly encouraged to include a photocopy of your TOEFL report with the application materials. Do not assume that your TOEFL score will be reported to the University in a timely manner simply because you have taken the test. The Admissions Committee will not review your file without the TOEFL. If you received an undergraduate or graduate degree from any country listed on this page (PDF), you are exempt from the TOEFL requirement.

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.

Residencies

All students, including international students, are required to attend two on-campus residencies scheduled at the beginning and the end of the program. The residencies will take place at the Smith School of Business on the University of Maryland campus in College Park, Maryland.*

* Each residency period is three days. 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.

Requesting a Deferral

Admitted students begin their MBA program in the term for which they have applied. If a student needs to request a deferral for an emergency reason, the admissions committee will consider requests on a case-by-case basis.

For more information about the Online MBA program, please contact your enrollment advisor at 1-877-807-8741 or via email at admissions@onlineprograms.umd.edu.

Tuition and Fees

2014-2015 Academic Year Tuition & Fees

Tuition Per Credit Hour $1,481
Total Credit Hours 54
Total Tuition1 $79,974
Application Fee $75
Technology Fee2 $132
Enrollment Deposit3 $1,000

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.

If you’d like more information about the Smith online MBA program, please contact your enrollment advisor at 1-877-807-8741 or via email at admissions@onlineprograms.umd.edu.

Financial Aid

Financing Your Education

There are a multitude of 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 resourcesto gain an understanding of what options may be available to you.
Consult the Office of Student Financial Aid for more detailed information regarding financial aid.

Scholarship 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.

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.

Deadlines

2014-2015 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 your enrollment advisor at 1-877-807-8741 or download a program brochure.

  Application Deadline Opening Residency Start
Winter Term November 1, 2014 January 8-10, 2015
Spring Term February 1, 2015 April 2-4, 2015
Summer Term May 1, 2015 June 25-27, 2015
Fall Term August 1, 2015 September 17-19, 2015

Military

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 G.I. Concierge, led by Director of Military and Veteran Affairs Richard Campbell. Mr. Campbell functions as personal agent for military students, actively communicating with companies and organizations throughout the corporate landscape to help you find the career opportunity that’s right for you.

Other potential benefits for veterans and active military personnel include:

  • Financial aid or scholarships
  • Waived application fees
  • VA education benefits
  • Counseling
  • Call-up procedures
  • Career fairs
  • Transition assistance programs

To learn more about the many opportunities available to veterans and military personnel through the UMD online MBA, please contact your enrollment advisor at 1-877-807-8741 or via email at admissions@onlineprograms.umd.edu.

Learn More

Take the first step toward your Smith MBA.

Fortify your business background with the online MBA for tomorrow’s leaders. The Smith online MBA provides ambitious professionals like you with the dynamic business education to become innovators, entrepreneurs and leaders. Experience the Smith Difference for yourself. Fill out the adjacent form to get started.

Complete this form to receive your free program brochure.