Ritu Agarwal, Senior Associate Dean for Faculty and Research at the University of Maryland's Robert H. Smith School of Business, has received a Distinguished Alumnus Award from the Indian Institute of Management Calcutta. The award represents the institution's highest honor to alumni who have achieved exemplary success in their respective fields.

In December 2005, the Smith School co-sponsored and hosted the Indian Institute of Management (IIM) USA Inc. Mid-Atlantic Conference 2005. The theme of the conference was Business Opportunities in a Globally Networked Economy.