Explaining, Assessing the Digital Services Tax Dilemma
Maryland Lt. Gov. Miller Applauds Smith School’s AI Programs During Visit
Experiential / Reality-based Learning
Smith School Students Equip Maryland Legislators with Key Insights on Earned Wage Access
Alumni
July 01, 2025
Smith MBA Alumnus on Learning at Industry Speed
Marc Russo, MBA ’96, is CEO of Careforth, a company supporting family caregivers. He credits his Smith MBA with shaping his leadership path across top healthcare firms and says team-based learning at Smith prepared him for long-term success.
June 27, 2025
A Legacy of Love
Deborah ’68, MA ’75, and Daniel Ahalt ’73, inspired by their UMD experiences and modest upbringings, have given over $200,000 to support Smith students and athletes. Their lifelong Terp pride continues through philanthropy, mentorship and cherished university memories.
Terp Siblings Share Smith and Paris Olympics Experience
Sisters Brooke ’21 and Emma DeBerdine ’23, MiM ’25, played for Maryland and Team USA Field Hockey, competing in the 2024 Olympics. Both earned All-American honors, Big Ten Medals of Honor, and Smith degrees that shaped their paths.
July 07, 2025
President Trump paused trade talks with Canada over its digital services tax, calling it a threat to U.S. interests. Canada withdrew the tax to restart negotiations. Broader global tax reform remains uncertain, as key international agreements face political hurdles.
July 02, 2025
The Smith School’s new AI certificate program has drawn over 20,000 global enrollees since May. Lt. Gov. Aruna Miller visited July 1 to highlight its role in Maryland’s AI-driven workforce development.
Graduate students at UMD’s Smith School, led by finance professor Liu Yang, analyzed Maryland’s earned wage access market and presented findings to lawmakers, influencing policy on financial regulations and highlighting the real-world impact of academic research and experiential learning.
Faculty Insights On Latest News
May 30, 2025
Summer Reading List 2025
Get ready for summer with the 22nd Annual Summer Reading List for Business Leaders—featuring Smith School faculty picks on investing, neuroscience, human connection, and more, including a novel inspired by a radio show turned TV series.
Management and Organization
April 24, 2025
“The Future is Not What it Used to Be”
Ambiguity arises when choices must be made despite unclear outcomes, says Professor J. Gerald Suarez. In today’s fast-paced world, discernment, flexibility, and embracing uncertainty—not rigid control—are key to navigating change, complexity, and an unpredictable future.
Marketing
October 04, 2024
Small Businesses Take Big Hit from Apple’s Privacy Regulation
Smith marketing professor Daniel McCarthy's research found that Apple's 2021 App Tracking Transparency (ATT) significantly impacted small direct-to-consumer businesses. ATT caused a 37% drop in ad click-through rates and up to a 60% revenue decline for smaller firms reliant on Facebook ads.
Why Managers Reject Great Ideas
Managers often overlook employee innovations due to risk aversion. Smith researchers Vijaya Venkataramani and Kay Bartol found diverse networks—both managerial and employee—help ideas gain credibility and traction, fostering an environment where innovation is more likely to succeed.
Decision, Operations and Information Technologies, Finance
June 26, 2025
Smith Students Assess How Deeply Federal Spending Impacts the State of Maryland
A joint report from Maryland’s Comptroller and Smith School researchers reveals $150 billion in recent federal spending in the state. Students, guided by professors Liu Yang, Vojislav Maksimovic and Kislaya Prasad, gained valuable experience in data analysis and government collaboration.
May 14, 2025
The Tax Revenue and Problem-Gambling Balancing Act
Research co-authored by associate professor Dan McCarthy finds that online sports betting legalization has led to a rise in irresponsible gambling, especially among lower-income individuals. The study highlights financial risks and calls for safeguards to mitigate potential societal harm.
