Recent Articles

2025 CIBE International Research Award Goes to PhD Candidate for Wage Study

PhD candidate Kanat Isakov received the 2025 CIBE International Research Award for his study on how external economic shocks affect wage setting and inequality in developing countries, using linked employer-employee data and fieldwork access in Colombia.

Business Fraternities Face Off in Smith-KPMG Case Competition

Nearly 100 business fraternity pledges competed in Smith’s semesterly Interfraternal Case Competition, hosted by the Center for Social Value Creation and KPMG. Teams proposed AI-driven sustainability solutions for a fictional medical center. Delta Sigma Pi’s team took first place.

Community

Stephen M. Schanwald and Hon. Ryan D. McCarthy, MBA, to Speak at 2025 Commencement

Stephen M. Schanwald ’77 and Hon. Ryan D. McCarthy, MBA ’13, will deliver keynote addresses at the 2025 Smith Undergraduate and Graduate Commencement ceremonies, honoring decades of leadership in sports marketing, military service, defense policy, and public service.

Smith Research

Smith Research Develops Model to Address Product Life Cycle Forecasting

Smith’s Xiaojia Guo co-authored a study on forecasting demand for new products using Bayesian model averaging. The research offers a robust, flexible model for predicting life cycles of fast-evolving items like fashion, news topics and digital content.

Startup Bazaar Showcases Smith Impact, Leadership in Business Education

Startup Bazaar, held April 12 at the Smith School, showcased the state’s tech ecosystem and featured leaders including Lt. Gov. Aruna Miller. The event highlighted Smith’s role in innovation, entrepreneurship and AI, and drew strong participation from startups and state officials.

University of Maryland Business School Offers Free AI Certificate, Tuition Discounts for Federal Workers

Launching May 1, 2025, the University of Maryland’s Smith School will offer a free, online AI and Career Empowerment Certificate to help federal workers and others build AI literacy, explore job opportunities, and navigate career transitions with expert guidance.

World Class Faculty & Research

Risk Matters: It’s Time to Merge Fannie Mae and Freddie Mac

Merging Fannie Mae and Freddie Mac is a critical step before privatization, argues Clifford Rossi, to reduce systemic risk, eliminate duplicative costs, and simplify the mortgage system—setting the stage for a safer, more efficient housing finance market transition.

Alumni Return to College Park to Share Insights on Global Careers

Students gained global career insights from a panel of alumni across industries at the April 3 Careers Crossing Borders event. Hosted by the Center for Global Business, the panel emphasized relationship-building, cultural awareness, and passion as keys to international success.

Smith Honors Scholars and Donors at Inaugural “Investing in Excellence” Luncheon

At Smith’s first “Investing in Excellence” luncheon, donors and students celebrated the life-changing impact of scholarships, which empower students, reduce financial stress, and build futures—an investment in promise, possibility, and the shared pursuit of excellence.

Smith Research

Online Marketplaces: Beyond the Number of Buyers and Sellers

New online marketplaces often rely on network effects to grow, but inviting prominent sellers can shape their long-term reputation. Research from Wedad Elmaghraby and Ashish Kabra shows that high-quality sellers attract premium buyers, while lower-quality sellers foster price-sensitive markets.

Water Sustainability Initiative Underway from Smith’s CSVC, AquaKraft

The Smith School’s Center for Social Value Creation and AquaKraft Ventures launch Water Parliament, a global think tank advancing water sustainability. Led by Nima Farshchi, it promotes governance, innovation, and investment, including AQOIN, the first water-backed digital asset.

Community

Building Financial Literacy, One Terp at a Time

The University of Maryland’s new Financial Wellness Center empowers students with financial literacy through peer mentoring, classes, and events. Led by the Smith School, it centralizes resources on budgeting, investing, and financial planning, preparing students for real-world financial decisions with confidence.
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