The MS in Business and Management program admits students in the fall semester.
The following are required to be considered for admission into the program:
|Minimum Degree Required||
|Preferred Academic Background||Liberal Arts, Humanities, Sciences or Engineering|
|GMAT or GRE||Required*|
|Transcripts||Required - official transcript(s) for each college or university attended|
|Letter of Recommendation||1 letter of recommendation|
|TOEFL or IELTS||Required -if you do not have a 4 year or advanced degree from a country where English is the official language
*Not required if applicants have a strong academic background in statistical analysis (grades of B or better).
TOEFL or IELTS Requirements
|TOEFL Minimum Required Score||IELTS Minimum Required Score|
- UMD Smith School of Business, institutional code 5814
- GRE - institutional code is 5814
- GMAT - SQT - N8 - 91
Please visit our FAQ page if you wish to seek answers for frequently asked admissions questions.
Test scores that cannot be sent electronically should be mailed directly to the University of Maryland, please have the testing center mail your score sheet to:
University of Maryland
Enrollment Service Operations
Application for Graduate Admission
Room 0130 Mitchell Building
College Park, Maryland 20742
Financing Your Education
Several financial aid options exist for students wishing to pursue a specialty master’s program at the Smith School. There are assistantship opportunities as well as federal and private loans.
Smith Specialty Masters Alumni
Students who successfully complete one specialty masters degree at the Smith School and who enroll in a second masters for fall 2017 will enjoy a $15,000 tuition reduction in their second specialty masters program!
University of Maryland High Performing Seniors
Graduating seniors from the University of Maryland are eligible for an application fee waiver, exemption of GMAT or GRE exam, video submission waiver and merit award. Students must meet the following criteria below. Please email your UMD transcript to email@example.com with the subject "High Performing Seniors". The Admissions team will review your transcript to determine if you meet the High Performing Seniors criteria.
|UMD Colleges and Schools||GPA Requirement||Statistical Analysis or Quantitative Research Methods Course|
|College of Agriculture and Natural Sciences||3.5||B or better|
|School of Architecture, Planning and Preservation||3.5||B or better|
|College of Arts and Humanities||3.5||B or better|
|College of Behavioral and Social Sciences||3.5||B or better|
|Robert H. Smith School of Business||3.5||B or better|
|College of Computer, Mathematical and Natural Sciences||3.2||B or better|
|College of Education||3.5||B or better|
|A. James Clark School of Engineering||3.2||B or better|
|Philip Merrill College of Journalism||3.5||B or better|
|College of Information Studies||3.5||B or better|
|School of Public Health||3.5||B or better|
Merit Based Awards
There is no separate application for these awards - applicants to the Smith specialty master’s program are automatically considered.
The Smith School of Business awards scholarships based on scholastic merit, evidence of leadership, GMAT/GRE scores, etc. All applicants whose applications are complete by the priority admission’s deadline receive automatic consideration.
The Smith School of Business is fortunate to receive numerous applications from bright and talented graduates of the University System of Maryland, the District of Columbia metropolitan area and Big Ten insitutions. Applicants who demonstrate notable academic achievements may be eligible for a half-time Graduate Assistantship or $10,000 scholarship.
Financial assistance through college and university graduate assistantships are widely available to academically qualified students. Students awarded graduate assistantships receive a partial tuition waiver, a stipend for 180 hours of work per semester, and also pay the equivalent of in-state tuition rates. Assistantships offer students the opportunity to develop skills in a variety of areas including technology, communications, business research, teaching, small business counseling, and project management.
Specialty master’s students not awarded graduate assistantships through the Smith school may apply for a Graduate Assistantship (GA) throughout the University of Maryland at College Park. GA positions are handled independently by each department throughout the university, therefore, students are encouraged to contact departments directly.
US Military Members and Veterans
The University of Maryland has a Veterans Program Office to assist military service members and veterans in their educational pursuits. Scholarship and VA benefit information can be found online.
Federal Student Loans
Students who are U.S. citizens or permanent residents may apply for Federal Student Loans through the Office of Student Financial Aid by completing the Free Application for Federal Student Aid (FAFSA). The application is available online at www.fafsa.ed.gov; UMD-College Park's FAFSA code is 002103.
After the FAFSA is received by the Office of Student Financial Aid, additional information specific to the individual student may be requested. When all application materials are received, Federal loans are certified, and the student is notified. This notification process typically begins mid to late June. An application for aid has no bearing on the application for admittance to the program.
International Student Loan Options
International student loans not requiring a co-signer who is a US citizen or US permanent resident can be difficult to find. In order to assist international students, here are a sampling of possible loan options with more flexible co-signer requirements.
- Global Student Loan Corporation
- Industrial and Commercial Bank of China - For Chinese students only
- Bank of China - For Chinese students only
- Credila - For Indian students only
- Banco do Mexico FIDERH - For Mexican students only
- Colfuturo - For Colombian students only
Tuition & Fees
Tuition is billed per credit hour in the specialty master’s program and determined by your state of residence.
Estimated Tuition & Fees for entire program
Tuition: Based on $1,538 per credit hour for in-state and $1,984 per credit hour for out-of-state.
Fees: Based on a technology fee, MS Association fee and university fee per semester.
The above tuition and fees are estimated for the fall 2017 start and are subject to approval by the University System of Maryland Board of Regents.
TERP Payment Plan
The best way to avoid lump-sum payments and cover the gap between financial aid and the cost of education without resorting to additional borrowing from alternative sources is to enroll in the interest-free TERP Payment Plan.
By enrolling in this plan, you can spread your payments over either eight or ten months. The annual enrollment fee is $50 for the ten-month plan or $80 for the eight-month plan. You can include most university charges: tuition, fees, and parking permits. You can also arrange to have your monthly payments debited directly from your checking or savings account.
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 the Residency Reclassification Services.