Admissions

Your Smith Experience Starts Here

Your classmates aren’t your competition—they’re your biggest fans. Smith strives to mirror the real business world, filling our classes with students from all walks of life, backgrounds and cultures. The result is a class teeming with different experiences and viewpoints that better prepare each person to work within a diverse environment.

Start your Maryland Smith Full-Time MBA journey today. Attend an information session, speak to one of our recruiters, learn about financial aid and tuition, and discover our deferred MBA. GMAT/GRE optional.

Financial Aid and Tuition

Pursuing a full-time MBA is a huge investment of your time, energy and finances—as anything worthwhile tends to be. At Maryland Smith, 99% of our full-time MBA students were offered a financial award. We work to reward academic excellence and allow you to focus on your schoolwork instead of your tuition payments.

Tuition

Tuition and Fees for One Year (Fall 2022)

  In-State Out-of-State
Credits per year 27* 27*
Tuition $47,497 $58,238
Fees $1,938 $1,938
Total $49,435 $60,176

*Average credits completed in the first year.

The MBA program at Smith is 54 credits. Students typically complete 26-34 credits during their first year and the remaining credits in their second year.

Tuition:

  • In-State Tuition per credit hour rate is $1759.16
  • Out-of-State Tuition per credit hour is $2156.96

Fees: Based on a one-time MBAA fee of $725 and a university fee of $817.50 per semester. Fees are subject to change. There is an international student fee of $125 per semester.

The above tuition and fees are for the Fall 2022 start. Fall 2023 tuition will be published in July 2023 after approval by the University System of Maryland Board of Regents.

In-State Classification

Applicants are granted in-state status if they have been domiciled in Maryland for at least 12 months prior to the last day of registration for the forthcoming semester, and have been financially independent for the previous 12 months. For a complete list of residency requirements, please contact Residency Reclassification Services. Out-of-state students who have a graduate assistant position will always be coded as out-of-state students but will be billed the equivalent of in-state tuition.

For those who truly go the extra mile there are merit awards. These awards are based on undergraduate scholastic merit, GMAT/GRE scores and work experience.

Scholarships

  • Dean's Scholarship: Two-year award for tuition and fees
  • Smith Scholarship: $20,000-$60,000 scholarship award for tuition and fees

Fellowships

  • Dean's Fellowship: Two-year award for tuition and fees plus a one-year graduate assistantship
  • Smith Fellowship: $20,000-$60,000 scholarship award for tuition and fees and a one-year graduate assistantship opportunity

Graduate Assistantships

Financial assistance through Smith departmental work/study programs is widely available to qualified students. Students awarded graduate assistantships pay in-state tuition rates, receive a partial tuition waiver and earn a stipend for 180 hours of work per semester, plus the opportunity to enroll in subsidized health insurance. The graduate assistantship is valued at approximately $27,300 for out-of-state and $16,700 for in-state students.

Double Terp Award

Alumni hold a special place in our community, and we reward them for their loyalty with the Double Terp Award. This allows alumni of the University of Maryland, College Park, to receive a $10,000 award upon admission to the full-time MBA Program.

The Forté Foundation Fellowship

In partnership with the nonprofit Forté Foundation, Maryland Smith offers fellowships and numerous lifelong benefits to applicants who demonstrate exemplary leadership and a commitment to Forté's mission of launching women into fulfilling, significant careers through access to business education, professional development, and a community of successful women. Scholarship award ranges from $20,000 up to full two-year tuition.

Management Leadership for Tomorrow Fellowship

As an MLT Partner School, Smith makes a definitive commitment to grow leaders from the African American, Latino/a and Native American communities. Scholarship award ranges from $20,000 up to full two-year tuition.

Reaching Out MBA Fellowship

Maryland Smith's partnership with ROMBA was created to demonstrate we are a top destination to develop the out LGBTQ and active ally business leaders of tomorrow. Scholarship award ranges from $20,000 up to full two-year tuition.

JumpStart Advisory Group Fellowship

JumpStart’s mission to help connect a talented and diverse workforce to career progression opportunities perfectly aligns with Maryland Smith's continued pursuit for strategic summer internships and great jobs at graduation. Scholarship award ranges from $20,000 up to full two-year tuition.

Deadlines

Candidates who submit a complete application by the deadline date posted below will be able to receive an admissions decision by the decision notification date. After reviewing a complete application, the admissions committee may have questions and request an interview. In order to meet notification deadlines, we ask those candidates to interview within a few days of receiving the request.

Application Deadline Decision Notification Date

October 1, 2022

November 1, 2022

November 1, 2022

December 2, 2022

December 15, 2022
Scholarship priority deadline for international candidates.

January 29, 2023

January 15, 2023
Scholarship priority deadline for domestic candidates.

March 1, 2023

March 15, 2023
Final application deadline for international students.

April 24, 2023

April 30, 2023

Within 2-4 weeks of submission.

Scholarship Deposit Deadlines

Deposit schedule for Dean's Fellows, Dean's Scholars, Smith Fellows, and Smith Scholars

Notification Date First Deposit Deadline First Deposit Amount Second Deposit Deadline Second Deposit Amount

November 1, 2022

November 16, 2022

$3,000

December 1, 2022

$2,000

December 2, 2022

December 17, 2022

$3,000

January 1, 2023

$2,000

January 29, 2023

February 13, 2023

$3,000

February 28, 2023

$2,000

March 1, 2023

March 16, 2023

$3,000

March 31, 2023

$2,000

April 24, 2023

May 9, 2023

$3,000

May 24, 2023

$2,000

After April 24, 2023

3-14 days after notification*

$3,000

3-14 days after notification*

$2,000

Deposit schedule for Terrapin Fellows, Terrapin Scholars, Graduate Assistants and those who did not receive a financial award

Notification Date First Deposit Deadline First Deposit Amount Second Deposit Deadline Second Deposit Amount

November 1, 2022

December 1, 2022

$2,000

December 31, 2022

$2,000

December 2, 2022

January 1, 2023

$2,000

January 31, 2023

$2,000

January 29, 2023

February 28, 2023

$2,000

March 30, 2023

$2,000

March 1, 2023

March 31, 2023

$2,000

April 30, 2023

$2,000

April 24, 2023

May 9, 2023

$2,000

May 24, 2023

$2,000

After April 24, 2023

3-14 days after notification*

$2,000

3-14 days after notification*

$2,000

* See admission letter for specific due date.

Andraé Wiggins

“My ambitions are driving me to leave a lasting impact on the world, providing cultural and business innovation; and my Smith MBA gave me the tools to succeed.”

Andraé Wiggins, MBA ’17
Product Manager
Amazon

The online application allows you to upload a scanned official transcript(s) for each college or university attended. If the official transcript where you received your degree does not state the degree was conferred, please also upload an official diploma or official copy of your degree received (most schools already list the conferred degree on the transcript). If you are formally admitted to the University of Maryland, you will be required to submit an official transcript to the Graduate School. If your transcript is not in English, please also submit an official transcript translated into English.

Applicants must demonstrate an ability to successfully complete quantitative coursework. Candidates without previous undergraduate or graduate quantitative coursework, strong quantitative skills displayed on the GMAT or GRE test, or quantitative centered professional experience, may be asked to demonstrate their abilities by taking a class (such as calculus) at an accredited institution prior to beginning MBA coursework.

The online application portal requires you to upload a professional resume. We want to learn about your professional history from the time you graduated from your undergraduate degree up until you apply. Although we do not have a required format, we suggest using a resume akin to one you would use to apply for a job. Typical resumes we see are one page, although a second page can be used if your professional history is robust.

Candidates for the Full-Time MBA program are not required to submit their GMAT or GRE scores. Please note that if you are applying for a dual degree, the GMAT/GRE may be required by the second program. Specifically, Smith requires a GMAT if you are pursuing a dual degree in Business Analytics, Information Systems, Finance, or Marketing Analytics.

Please keep in mind, for those who do not submit a GMAT or GRE score, the admissions committee will still thoroughly review the candidate's academic record, work experience, industry certifications, essays, and recommendation letters.

Should you want to submit the GMAT or GRE, please submit the official score. For more information on the GMAT, please visit www.mba.com. For more information on the GRE, please visit www.ets.org/gre.

When requesting a score report be sent to the University of Maryland, please use the following institutional codes:

GMAT

  • Full-time MBA code is SQT-N8-23
  • Part-time MBA code is SQT-N8-26

GRE

  • Institution code is 5814

The full-time MBA program requires an applicant to share one recommender's name and email address. We prefer professional recommendations from someone who has managed you in the past, typically a current or previous supervisor. If these options are not available, we are open to recommenders who can attest to your professional skills, such as a person who managed you through a volunteer or civic organization or a client.

In lieu of writing a formal recommendation letter, we will send your recommender an email with a list of questions. He/she can simply answer these questions through the provided online form. A recommender will also have the option to upload a document should he/she choose to answer these questions in a separate document, or should they prefer to upload a traditional recommendation letter.

A non-refundable application fee of $75 is required. Please pay by credit card as you submit your application online. 

We offer application fee waivers to active members or veterans of the United States military as special thanks for their service. Applicants must contact the MBA Admissions Office anytime after beginning their application and at least 3 business days before submitting the application. To request a fee waiver, please email a copy of your DD Form 214 or proof of active duty to the MBA Admissions Office at ftmba@umd.edu before submitting the application.

Proof of English language proficiency (TOEFL, IELTS, or PTE official test scores) is required for non-native English speakers. Those who have received an undergraduate or graduate degree from one of the countries listed here are waived from this requirement.

For TOEFL scores, contact www.toefl.org to request an official copy of your TOEFL test score to be sent to the University of Maryland at College Park. The TOEFL institutional code is 5814.

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 University of Maryland — The Graduate School IELTS e-download account.

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

Minimum Required 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

68

International students must submit complete applications by March 15.

Academic Credentials

By the application deadline date, the admissions office must receive:

  • A transcript/mark sheet in the original language must be uploaded into the online application. If your transcript is not in English, please also upload a transcript/mark sheet translated into English.
  • Copy of diploma/degree received if this information is not listed on your transcript. If your diploma is not in English, please also submit a diploma translated into English. This documentation should be uploaded into the online application.

Applicants who have completed the full sequence of preparatory studies and examinations equivalent to a U.S. bachelor’s degree from an approved institution and who have demonstrated high academic achievement will be considered for admission.

Translations should not be interpretive, and actual names of all degrees, diplomas, and certificates must appear in the translation. If you are in need of a translation service, a list of English translation companies can be found on this website.

For those with 3-year bachelor's degrees, you are eligible if you meet the following criteria:

  • If you will be awarded a master’s degree by the time you begin graduate study at the University of Maryland, or your 3-year bachelor’s degree was earned in a country with 13 years of pre-university formal education, then you are eligible for graduate study.
  • We will also consider those with a 3-year bachelor’s degree and a post-graduate diploma from a nationally recognized institution to be eligible.
  • If your 3-year bachelor’s degree would qualify you for admission to academic graduate programs in the country in which it was earned, then you are welcome to submit an application which will be reviewed by the department to determine whether you are a strong enough candidate for an exception to be made.
  • The 3-year bachelor’s degree must already have been earned at the time of application.
  • The 3-year bachelor’s degree needs to be in a field closely related to the field of study that you are applying to with strong grades in order to be considered for an exception.

You are not eligible if your sole qualification is a 3-year bachelor’s degree from a country with 12 years of pre-university education, and your degree would not qualify you for admission to an academic graduate program in this country, then you are not eligible to apply to the Graduate School.

Financial Resources

Admitted international students who need an I-20 must show evidence of funding for the first year of their studies. The funding amount includes tuition, fees, housing, and miscellaneous expenses for one year. This financial documentation is not required until after a student is formally admitted.  Additional information will be provided to international students after they are admitted to the University of Maryland.

Immigration Documents

International applicants admitted to graduate study will be issued student visas where appropriate. Foreign students should not leave their home country before obtaining an official offer of admission from the dean of graduate studies.

To enter the United States most foreign students will need a passport from their government and a visa from the U.S. Consulate. To apply for a visa, the student must provide evidence of a minimum of 48 graduate unit hours, or the equivalent of a full course of study. The accompanying spouse or child of an F-1 student enters the U.S. on an F-2 visa, which does not permit employment of any kind. Another commonly granted visa is the exchange visitor visa (J-1), generally for students sponsored by agencies, foundations, or their home governments. It is granted only with the presentation of a Certificate of Eligibility Form (IAP-66). The accompanying spouse or child enters the U.S. on a J-2 visa, which may in some circumstances permit employment with approval from the U.S.

For further information, please refer to U.S. Citizenship and Immigration Services or the U.S. Department of State.

U.S. Citizenship and Immigration Services

It is important to note that, in many cases, an exchange visitor must leave the U.S. at the conclusion of the program, may not change visa status, and may not be eligible for any other visa until a two-year home country residency has been completed.

For further information concerning visas, please consult with the U.S. Consulate in your country.

Note: The visitor visa (B-2) is not appropriate for students intending to study in the U.S. Once an individual is in the U.S. on a B-2 visa, it is difficult to change to a student or exchange visitor visa unless that individual has previously discussed study plans with the U.S. Consulate and has been issued a B-2 visa designated “prospective student.”

Smith Full-Time MBA Student Profile Averages

6
Years Professional Experience
3.23
Average Undergrad GPA
640
Average GMAT Score

Deferred MBA

The Deferred MBA is available to students graduating from a U.S. undergraduate program. Students apply and receive admission during their senior year; if admitted, they venture into the workplace to gain two full years of substantive professional experience before entering Smith’s highly regarded full-time MBA program.

Qualified candidates may extend their professional work beyond two years, as deemed necessary and at the discretion of the admissions committee.

Make your next fearless move and fast-track your career.

  1. Take the GMAT soon while everything you’ve learned is top-of-mind.
  2. Apply and gain admission to Smith’s deferred MBA program.
  3. Get at least two years of professional experience, knowing that we’ve already saved you a seat in the full-time MBA program.
  4. Come back to start Smith’s top-ranked full-time MBA, expand your network and turbocharge your career.

Terp Grads Get Exclusive Perks

  • $10,000 Double Terp Scholarship eligibility
  • Application fee waiver opportunity
  • Priority consideration for merit-based scholarships

Who Qualifies?

College seniors who are graduating from an institution in the United States and demonstrate personal drive and determination, strong academics and interpersonal skills. Students who are interested in pursuing professional careers in any industry that places a premium on leadership and management skills are especially encouraged to apply.

Photo of a conference room table and chairs

What Is Expected of Me During My Two Years of Professional Experience?

Engagement

Smith admitted applicants should remain engaged with the Smith community and admissions team. This may include attending select events and participating in various activities while gaining professional experience.

Updated Resumes 

Admitted applicants should submit an updated resume to the admissions team every six months.

When submitting an application for the Deferred MBA, please email ftmba@umd.edu with the subject line “Deferred MBA” and your APP ID number in the body.

Application Deadlines

Priority applications

July 1 of a senior's graduation year.

Rolling admissions deadline

Applications will be accepted until September 1 of that same year.

Back to Top