Business Master's Degree Admissions Requirements

Learn more about the application requirements for our business master’s degree programs. Please review the criteria and deadlines thoroughly.

All applications require the following:

  • $75 application fee
  • Essay articulating your qualifications and interest in the program
  • Current professional résumé
  • One letter of recommendation
  • Official transcripts from each college or university you have attended
  • TOEFL or IELTS exam (if you do not hold a degree from a U.S. institution or an English-speaking country)
  • Exposure to program-specific relevant coursework.



Prerequisite Course Requirements


Financial and managerial accounting with a grade of B or higher

Business Analytics

Statistics and calculus with a grade of B or higher

Business and Management

No prerequisite courses required


Statistics with a grade of B or higher

Information Systems

Statistics with a grade of B or higher

Marketing Analytics

Statistics with a grade of B or higher

Quantitative Finance

Statistics, linear algebra and other advanced quantitative courses with a grade of B or higher

Supply Chain Management

Statistics with a grade of B or higher

Test Scores Required:

  • Business Analytics
  • Finance
  • Quantitative Finance
  • Information Systems
  • Marketing Analytics

Test Scores Recommended: (Recommendations vary per program.)

  • Accounting
  • Business and Management
  • Supply Chain Management

GMAT Codes:

  • Accounting: SQT-N8-88
  • Business Analytics: SQT-N8-49
  • Business and Management: SQT-N8-91
  • Information Systems: SQT-N8-16
  • Marketing Analytics: SQT-N8-45
  • Supply Chain Management: SQT-N8-31
  • Finance: SQT-N8-48
  • Quantitative Finance: SQT-N8-90

GRE Code: 5814 

Application Deadlines

October 15, 2020

November 16, 2020

January 15, 2021

February 15, 2021

March 10, 2021
Priority deadline for international applicants.

April 1, 2021

Applicants can expect an admissions decision within 8-12 weeks after their application is marked complete.

Applications will be reviewed on a rolling basis after April 1, 2021.

Students attending an accredited U.S. institution for undergraduate or master’s degree study may apply for a GMAT/GRE waiver. In order to qualify, you must meet the following criteria:

  • Currently have an undergraduate or graduate degree with a 3.2 GPA or higher
  • Earned a B or higher in statistics, calculus, linear algebra or other quantitative coursework

Applicants will be notified of the waiver decision within 10 business days. This waiver does not guarantee admission into the program. All inquiries can be directed to

To apply for a GMAT/GRE waiver, please complete the high performing seniors application. You will be asked to upload a copy of your transcripts in the form.

Maryland Smith appreciates the value active duty members and veterans bring to our community. We offer application fee waivers and GMAT/GRE waivers to active members, veterans and veteran family members of the U.S. military.

  • Application Fee Waivers
    This waiver is available to active-duty members, veterans or veteran family members using transferred VA GI-Bill benefits. When applying for the waiver, contact the MS Admissions Office at least 48 hours before submitting your application to ensure all paperwork is managed accordingly. To activate your waiver, email a copy of your transcript, DD Form 214 or proof of Active Duty to Your fee waiver must be activated before submitting your application.   
  • GMAT or GRE Waivers
    Active members and veterans, you may qualify for a GMAT or GRE waiver to our Specialty Master's degree programs if you've earned one of the following:
    • An undergraduate degree from a U.S. accredited university or college with a GPA of 3.2 or higher on a 4.0 scale.
    • An undergraduate grade of B or higher in statistics or other quantitative courses.

Email to request the waiver. Your military experience will be taken into consideration with your professional resume, required essay and letter of recommendation.

For TOEFL scores, contact to request an official copy of your TOEFL test score to be sent to the University of Maryland at College Park. We will accept the "My Best" TOEFL score from ETS. For IELTS, the University of Maryland downloads scores that have been transmitted to our e-download account. IELTS test takers should contact their IELTS test center directly to request electronic test scores be sent to the following IELTS e-download account:

University of Maryland — The Graduate School
The Graduate School
2123 Lee Building
College Park, Maryland 20742-1815

Please note we cannot accept paper IELTS forms.

PTE test takers can send their score reports to the University of Maryland through their Pearson account.

TOEFL institutional code is 5814.



Minimum Required Score

Minimum Required Score

Minimum Required Score





















All admitted students are considered for limited financial awards. Candidates are reviewed for these awards holistically, based on their application materials. Financial awards are available in the form of scholarships or graduate assistantships.

Class Profile






GMAT Score


GRE Score


Year of Experience



Admissions data averages for master's degree candidates admitted to Maryland Smith for 2020.

Fall 2020/Spring 2021 Tuition Rates

Maryland Residents

$1,582 per credit

Non-Maryland Residents

$2,015 per credit
$2,098 per credit - Master of Finance/Master of Quantitative Finance


$817.50 – Mandatory Fee (per semester)
$80 – MS Association Fee (fall and spring semesters)
$125 – International Student Fee (per semester)

Approximate Living Expenses
(One year)


Approximate Books and Medical Expenses
(One year)


Tuition and fees are subject to change each academic year.

Get Personalized Support

If you’re interested in speaking with an admissions representative directly about a business master's degree, email

Robert H. Smith School of Business
Map of Robert H. Smith School of Business
University of Maryland
Robert H. Smith School of Business
Van Munching Hall
College Park MD 20742