Finance Department

Welcome to the finance department website. We offer courses in the undergraduateMBAMFinMQF and PhD programs as well as the special Plus 1 MFin program for well qualified undergraduate students.

Our classes are taught by some of the world's top-ranked faculty. For more than 10 years, Financial Times ranks Smith among the nation's best in intellectual capital. Students learn and collaborate with thought leaders who are transforming the way the world does business. Meet Mike Faulkender whose research on multinational corporations, compensation, and U.S. corporate taxes helps shape policy, Pete Kyle the creator of an entire field of finance and market microstructure, Steve Heston the inventor of the "Heston" model of stochastic volatility, Clifford Rossi who brings to students 25+ years of experience in risk management at Citi and other large financial institutions and David Kass whose Warren Buffett blog on Berkshire Hathaway brings to you a decade of insights from following the world's #1 investor.

Our state of art courses in MFin, MQF, MBA and undergraduate feature financial models, analytics, institutions and data. Learn about the best in asset management, risk management, treasury and corporate finance. Dive into our experiential learning modules and partner with industry to apply what you learn in real time. Join in our student-run funds. Become part of our Wall Street Fellows program. Engage with our career services for help, advice, and all else regarding internships and placements, with companies, banks, or funds, local and international. Plug yourself into the top financial markets infrastructure in our finance market lab. Engage with events hosted by our premier Center for Financial Policy.

All this right here in the heart of the greater Washington D.C. area ranked one of the best places in America. Feel the buzz in the vibrant and connected U.S. capital.

Upcoming Event: Dean’s Distinguished Speaker Series

Join us on Wednesday, Sept. 24, 2025, from 6–7:30 p.m. in Frank Auditorium, Van Munching Hall, for a talk by Michael Faulkender, William E. Longbrake Professor of Finance and former U.S. Deputy Secretary of the Treasury. He will share insights from his leadership at the Treasury Department, his role in shaping national economic policy, and his research on financial economics and public policy.

Learn more and register


Raghuram Rajan on India’s Growth and Innovation

On October 24, 2024, former Reserve Bank of India Governor Raghuram Rajan discussed India’s rapid growth, human capital challenges, and democracy’s role in fostering innovation, emphasizing job creation, research ecosystems, and the importance of attracting global talent to sustain long-term prosperity.

Event highlights

Finance News

21 Smith School Professors Named Among Top 2% Scholars Worldwide
Twenty-one Smith School professors were named among the top 2% most cited researchers globally, according to Elsevier’s 2025 study across…
Read News Story : 21 Smith School Professors Named Among Top 2% Scholars Worldwide
Past Study on Point Shaving Gives Context to FBI Gambling Probe
A recent FBI gambling probe with 30-plus arrests across 11 states spotlights NBA figures and alleged college basketball point-shaving.…
Read News Story : Past Study on Point Shaving Gives Context to FBI Gambling Probe
Interactive Natural Hazard Risk Dashboard for Mortgages Now Live via UMD's Smith Enterprise Risk Consortium
The Smith School launched the Mortgage Natural Hazard Analyzer, a Tableau-based tool developed by Clifford Rossi and Master of Quantitative…
Read News Story : Interactive Natural Hazard Risk Dashboard for Mortgages Now Live via UMD's Smith Enterprise Risk Consortium

Insights & Research

Smith Students Assess How Deeply Federal Spending Impacts the State of Maryland
Read the article : Smith Students Assess How Deeply Federal Spending Impacts the State of Maryland
The Options Market Could Play a Role in How Credit Rating Agencies Deliver Ratings
Read the article : The Options Market Could Play a Role in How Credit Rating Agencies Deliver Ratings
For Professional Investment Fund Managers, “Going Long” is a Winning Strategy
Read the article : For Professional Investment Fund Managers, “Going Long” is a Winning Strategy
Study Examines Economic Consequences for Pretrial-Detainee Households
Read the article : Study Examines Economic Consequences for Pretrial-Detainee Households
Smith Experts Explain Google Antitrust Implications
Read the article : Smith Experts Explain Google Antitrust Implications
Boeing’s New CEO Amid Persisting Turbulence: What it Means Marketwise
Read the article : Boeing’s New CEO Amid Persisting Turbulence: What it Means Marketwise

Contact Us

Administrative Coordinator
Lori D. Petterson
Phone: 301-405-2333
Email: rhsmith-finance-area@umd.edu

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