Welcome to the University of Maryland's Robert H. Smith School of Business. This page contains information and instructions specifically for students who are pursuing the dual degree master's program between KAIST and the University of Maryland (UMD) through the KAIST Finance MBA or Master of Financial Engineering degrees and the Master of Finance or Master of Quantitative Finance at UMD.

Admitted applicants should be ready to join the Smith School in College Park, Md., USA, in the spring term, which begins during the third week of January.

Smith Contact Information and Online Application

We have established a special e-mail address for your application needs. If you have questions or need assistance with your Univ of Maryland application, contact us at kaistsmith@umd.edu.

Instructions for Submitting Your UMD Application

  1. Start your online application.

  2. Send an e-mail to the University of Maryland at kaistsmith@umd.edu so your application fee can be waived and your unsubmitted application can be marked for this particular program. Please remember to include your full name in the body of the e-mail and use the following subject line: 

    Starting My KAIST <MFE or FMBA>, UMD Application Now

  3. Within approximately three business days, you will receive an e-mail response to confirm your application fee has been waived and your application has been marked appropriately.

  4. After you receive the confirmation e-mail from the University of Maryland, you may submit your application.

Application Requirements:

  • The equivalent of a U.S. bachelor's degree
  • Sufficient quantitative background (exposure to linear algebra and advanced statistics is highly recommended)
  • Transcript(s) and degree certificate(s)
  • Letter of recommendation
  • Professional resume
  • Essay
  • Official TOEFL or IELTS or PTE report — required if you do not have a four-year or advanced degree from a country where English is the official language. Applicants who have not yet taken the TOEFL or IELTS or PTE exam should contact the Smith Admissions Office at kaistsmith@umd.edu to make them aware of when you plan to take the exam.

TOEFL or IELTS or PTE Scores

  TOEFL Minimum Required Score IELTS Minimum Required Score PTE Minimum Required Score
Overall 96 7 68
Speaking 22 6.5  
Listening 24 7  
Reading 26 7  
Writing 24 7  

TOEFL Institutional Code

The UMD Smith School of Business, institutional code is 5814.

Please check out additional information about the Smith Master of Finance and Master of Quantitative Finance programs.

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