COLLEGE PARK, Md. - Bucking a national trend, MBA tuition will not increase for a third consecutive year at the University of Maryland’s Robert H. Smith School of Business.
Annual tuition -- $38,475 in-state and $45,765 out-of-state -- holds steady entering 2013-2014 for about 850 returning full- and part-time MBA students at Smith. The school’s MBA program is ranked among the top in the nation, placing No. 24 in the most recent rankings by both Bloomberg Businessweek and theFinancial Times.
Smith’s steady tuition pattern contrasts the scenario for full-time MBA programs nationwide, which have seen an average 33 percent tuition-and-fee climb from 2007-2012, according data published by AACSB International, the main body that accredits U.S. business schools.
"We committed to it," said Smith School Interim Dean Michael O. Ball. "Continuously improving the program, while keeping tuition from increasing, has been a major priority for us."
Smith has added an online degree option to its MBA program, and the program’s consistent high rankings are buoyed by respected faculty, ranked #7 for research among MBA programs worldwide by the Financial Times and #10 by the University of Texas at Dallas for research among business schools in North America.