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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 two years.

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, Operations/Supply Chain/Logistics, and General Management/Consulting. 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 2018 and 2019 are 63 percent male and 37 percent female. Sixty-five percent of matriculated students are U.S. citizens, while 35 percent identify as international. On average, students are 30-years old when they begin the program and have six years of professional experience. The average GMAT score of full-time students is 644, while the average undergraduate GPA earned by full-time students is 3.27.

Career Statistics

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 $114,845. By industry, over one-quarter of students went into financial services after graduation. Nineteen percent of students accepted roles in the consulting industry, and 15 percent in technology. Consumer products, pharma/healthcare, energy, and other industries claimed the remaining graduates.

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 MBA 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.

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