News & Events

Dec 01, 2016
World Class Faculty & Research
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A 500-rupee banknote. What's it like when 86 percent of the banknotes in circulation in a country are rendered worthless overnight? That's what India has been finding out. On the evening of Nov. 9, Indian Prime Minister Narendra Modi announced that, by morning, all 500 and 1,000 rupee notes would no longer be legal tender. The controversial move has sparked protests and criticism of a change too sudden and...

Nov 30, 2016
Experiential / Reality-based Learning
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David Kass, far left, Warren Buffett, center, during a visit with Smith School students.Some 66 years ago, MBA student Warren Buffett trekked from New York to Washington, D.C., seeking career wisdom. He arrived unannounced at Geico, drawn there because it was chaired by his former professor, investing guru Benjamin Graham. It was a Saturday, but Buffett encountered a Geico executive onsite and...

Nov 16, 2016
World Class Faculty & Research
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An airplane silhouetted against the skyWarren Buffett once referred to airlines as an investment “death trap.” So why would his Berkshire Hathaway be placing big bets on airline shares? The Oracle of Omaha's railroad strategy offers some clues, says Smith School professor David Kass. The airline industry "has pretty much rationalized itself, similar to railroads," Kass tells Bloomberg. "They have their sort-of monopoly...

Nov 16, 2016
World Class Faculty & Research
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Over your lifetime, you'll earn quite a bit of money. But it might never feel like a lot, depending on how you spend, save and prioritize. November is Financial Literacy Month, and Smith School professor Albert "Pete" Kyle has some smart saving advice for every decade of your money-making life. Read more...

Nov 11, 2016
World Class Faculty & Research
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Launched this fall, the University of Maryland Research Data Center (UMDRDC) is the newest facility of the national Federal Statistical Research Data Centers (FSRDC) network. A Grand Opening Ceremony will be held on Nov. 18, 2016, at the University of Maryland’s College Park campus.

Nov 10, 2016
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The question of who will be the 45th U.S. president has been answered with the upset victory of Republican Donald Trump. Now many are asking what U.S. economic policy will look like under his administration. Smith School experts will explore some of the larger economic questions facing the new administration at a pair of events next week in Washington, D.C. Here is a snapshot of some of the big issues they will discuss....

Nov 03, 2016
World Class Faculty & Research
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Though polls show Hillary Clinton losing ground to Donald Trump, her advantage in the betting markets continues. Ireland-based PaddyPower still shows Clinton with a 75 percent probability of winning, despite an alert from FBI director James Comey that the Clinton email investigation still has life. Smith School finance professor David Kass discusses how the 2016 U.S. presidential election would move market...

Nov 02, 2016
Experiential / Reality-based Learning
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Speed dating took on a new meaning for undergraduates studying finance at the University of Maryland’s Robert H. Smith School of Business last week. For several hours on Oct. 26, 2016, more than 130 students mixed and mingled with almost 40 professional mentors from the field of finance at the annual Finance Fellows Networking Night. Several of the mentors were Smith alumni who returned to College Park representing firms such as Capital One, Northwestern Mutual, Deloitte, Harborside Group, and SECU, to name just a few.

Nov 01, 2016
World Class Faculty & Research
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Professors at the University of Maryland's Robert H. Smith School of Business placed No. 1 in the world for "faculty quality" in The Economist's 2016 full-time MBA rankings, marking the third consecutive year atop the category. Prior to the current run, the school finished No. 2 for faculty quality in 2013. Overall, the Smith School finished No. 47 globally and No. 32 in the United States in the latest rankings, released Oct. 13.

Oct 27, 2016
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AT&T's proposed $85.4 billion acquisition of Time Warner could be the first of a string of similar mergers to come. So you have to wonder: Why is Wall Street giving the deal such a cold shoulder? It could be a sense that the deal won't go through, or it could be a sense of market deja vu. "My first reaction?" says Smith School finance professor Richmond Mathews, "Oh, no. Here we go again." Read...

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