University of Maryland R.H. Smith School of Business

University of Maryland R.H. Smith School of Business Full-Time MBA Program Structure

The UMD Smith full-time MBA program primarily offers daytime classes. The program offers one intake per year, and classes begin during the fall semester. Students usually complete the program in an average of 21 months.

Curriculum

The UMD Smith full-time MBA program encompasses 54 credits taken over a two-year period. Students are broken down into small groups to hone their team problem-solving skills and help optimize learning.

Throughout the core courses, students explore how globalization, entrepreneurship and technology are changing business practices, as well as build critical management skills in leadership, teamwork, integrative analysis, and oral and written communication.

Once full-time MBA students complete the core classes required to graduate in College Park, they may choose to take elective courses in College Park, Baltimore, Shady Grove, or Washington D.C. Students can choose from a wide range of electives in traditional and cross-functional areas, selecting courses that meet their professional goals. Students can pick a Career Track to specialize in; options include Marketing, Finance, Supply Chain, General Management, Consulting and Analytics. Students can also pick courses in an Area of Interest such as Social Value, Global Business or Innovation and Entrepreneurship.

There are multiple opportunities for international study while completing the full-time MBA. Smith offers faculty-led trips, semester exchange programs and international consulting projects.

Class Profile

The UMD Smith full-time MBA classes of 2017 and 2018 are 63 percent male and 37 percent female. Sixty-six percent of matriculated students are U.S. citizens, while 34 percent identify as international. On average, students are 29-years old when they begin the program and have 5.3 years of professional experience. The average GMAT score of full-time students is 660, while the average undergraduate GPA earned by full-time students is 3.3.

Careers

Career services offered to graduate students at UMD Smith include career coaching, major exploration and career direction, self-assessments, developing a job search plan, HireSmith online recruiting system/job database, finding an internship, resume and cover letter advice, networking, interviewing skills, evaluating and negotiating job offers, mock interviews, peer-to-peer mentoring, on-campus recruiting, target job search management technology and soft skill development.

Over 95 percent of MBA students accept offers of employment within six months after graduation from UMD Smith. The average starting compensation for recent Smith graduates is $98,456.

Tuition & Financial Aid

The UMD Smith full-time MBA degree tuition per year is estimated at $44,766 for Maryland state residents and $53,946 for out-of-state students. This is based on a 27 credit load per year (54 total credits make up the program) and includes a one-time MBAA fee of $700 and university fee of $769 per semester.

The school awards scholarships based on scholastic merit, evidence of leadership, GMAT scores and work experience.

Teaching assistantships and research positions are available to help students pay for their studies, as well as receive a stipend. Students awarded graduate assistantships receive a partial tuition waiver, a stipend for 180 hours of work per semester and also pay the equivalent of in-state tuition rates.

U.S. citizens and permanent residents applying to the UMD Smith full-time MBA program are eligible for federal Stafford and Graduate PLUS loans, as well as private loans.

Admissions Procedures

Applicants to the MBA programs must have completed a four-year degree or its equivalent for admission.

To apply to the UMD Smith full-time MBA program, applicants must submit a completed application form, all college transcripts from degree-granting and non-degree-granting institutions, a current résumé and one letter of recommendation. The school also requires applicants to complete two essays about their leadership experiences and goals. Applicants must also send in their GMAT or GRE scores and a nonrefundable $75 application fee.

Non-native English speaking applicants are strongly encouraged to include a photocopy of their TOEFL or IELTS scores with the application materials.

Application Deadlines

Future full-time MBA deadlines at UMD Smith are as follows:

Round One – October 1, 2017
Round Two – November 1, 2017
Round Three – December 15, 2017 (Priority scholarship deadline for international applicants)
Round Four – January 15, 2018 (Priority scholarship deadline for domestic applicants)
Final Round – March 1, 2018