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3570 Van Munching Hall
College Park, MD 20742
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Robert H. Smith School of Business

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Academics

The Smith School offers the Master of Business Administration (MBA) as well as a doctoral program in numerous concentrations, and joint degrees in law (MBA/JD), public policy (MBA/MPP), social work (MBA/MSW), nursing (MBA/MSN and MBA/PhD), and business (MBA/MS). Other programs include registration through the Consortium of Universities of the Washington Metropolitan Area and the School of Advanced International Studies at Johns Hopkins University, work-study programs, foreign exchange with 10 countries, and joint research with area firms and government agencies. The strongest areas of study are finance, information systems, marketing, transportation and logistics, and entrepreneurship. The most popular courses are finance and strategy. Regular programs bring distinguished speakers and visiting professors to campus. The school hosts a number of speakers series programs, conferences, and other events featuring CEOs of major corporations, entrepreneurs and founders of start-ups, international leaders, and executives and academic experts in knowledge management, finance, and organizational structures.

Fifty-four total credits are required to complete the MBA, including 24 elective credits. Required courses include:

  • Introduction to Financial Accounting
  • Strategic Information Systems
  • Marketing Management
  • Managerial Economics and Public Policy
  • Managerial Accounting
  • Data, Models, and Decisions
  • Financial Management
  • Managing Human Capital
  • The Global Economic Environment
  • MBA Consulting Project
  • Leadership and Teamwork
  • Supply Chain Logistics and Operations Management
  • Strategic Management
  • Experimental Learning Modules
  • Case Competition

Students may eliminate or substitute requirements, but a waiver exam is required; students may substitute electives.

Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 1<1/2> years; maximum, 5 years. For students attending part time, the minimum is 2 <1/2> years; maximum, 5 years.

There are 110 total full-time graduate business faculty, all of whom hold a doctorate; there are 9 part-time faculty, of whom 67% hold a doctorate. Faculty salaries are rated well above average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 9; average business class size is 39.

Admissions

A bachelor’s degree is required. Most important admissions factors are academic accomplishments and ability, GMAT results, and work experience. A strong mathematics background is required.

The number of applicants for the 2006-2007 class was 861; 326 were accepted; 114 enrolled. The average GPA was 3.38; average GMAT score was 665. Transfers are not accepted. Minority students are actively recruited by Sponsoring Kaleidoscope, a diversity weekend. The school also actively recruits at historically black colleges and universities, participates in symposiums targeting minority students, and works with a number of minority associations and professional organizations.

Students may begin the MBA program in the fall only. To apply, students must submit an application form, 2 transcripts, GMAT scores, a nonrefundable application fee of $60, 2 letters of recommendation, 3 essays, and a resume. Students are notified of the admissions decision approximately 6 weeks after the deadlines. Deferred admission is considered on a case-by-case basis.

Financial Aid

The application deadline is February 1 for fall entry.

Tuition for in-state residents is $803 per credit, or $14,454 per year. Nonresidents pay $1323 per credit, or $23,814 per year. Books and supplies cost approximately $1600; personal expenses, $1500; and other fees, $13,472, for an estimated annual total of $31,026 for in-state residents and $40,386 for out-of-state residents. There is a referral service to help procure off-campus housing.

Students

All of the current graduate business school class are enrolled full-time; 98% have had an average of 5 years of full-time work experience prior to entering graduate school, a factor preferred by the school. Twenty-nine percent are women, 25% are minorities, and 38% are foreign nationals. The average age at entrance is 28; ages range from 21 to 55. One percent enter directly from undergraduate school. Students’ undergraduate majors were as follows: 28%, business; 20%, engineering; 13%, economics; 11%, social sciences; 6%, liberal arts; and 6%, math and science. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 99% remain to receive their degree. In 2006, 148 graduate business degrees were awarded.

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