The collapse of Silicon Valley Bank is the second largest bank failure in U.S. history. SVB was taken over by the FDIC last Friday after depositors, fearing the bank would soon be unable to pay its debts, began withdrawing their money at an alarming rate.  Smith experts Cliff Rossi and Bill Longbrake recently spoke with Progyan Basu, clinical professor of Accounting and Information Assurance, about the impact of this failure on the banking industry and the economy as a whole.

Seven professors with the University of Maryland Robert H. Smith School of Business who are working on projects that show the promise of significant impact on experiential learning, are being given the funds to turn their proposals into reality. The new Teaching and Learning Innovation Grant Initiative is a multi-million dollar effort that is supporting nearly 90 academic programs throughout the university during this 2022-2023 academic year. It’s quite an accomplishment for Smith to have nearly 10 professors recognized by the program.

Three pairs of Maryland Smith students-faculty mentors have been recognized among this year’s graduating class of University of Maryland Philip Merrill Presidential Scholars. The late Philip Merrill, UMD supporter and long-time Washington area publisher, initiated the Merrill Presidential Scholar program in 2004 to build a community of scholars, faculty members, and K-12 teachers to promote “teaching and mentoring the next generation.” The recognitions further cite a K-12 teacher-mentor of each scholar:

The Center for Global Business (CGB) at the University of Maryland's Robert H. Smith School of Business is pleased to announce that Progyan Basu, a clinical professor in the accounting and information assurance department, received the third annual CIBER Award for Teaching Innovation in Global Learning.

Shyama Srikkanth, ’19, contributed to this article. She is an Undergraduate Program Assistant working toward earning dual degrees in Operations Management & Business Analytics and Environmental Science and Politics.

Lauren Black, class of 2019 accounting and information systems double major at the University of Maryland's Robert H. Smith School of Business contributed to this article.  Smith Undergrads: Applications for Fellows Programs at the University of Maryland's Robert H. Smith School of Business are due by midnight Feb. 12, 2018. For more information, visit the Fellows Programs web page. IF YOU ARE AN ACCOUNTING MAJOR AND….

Smith student Philip Peker ’18 writes about the Stacks on Smith event for undergraduates at the University of Maryland’s Robert H. Smith School of Business.  The event was held in Van Munching Hall on Dec. 14, 2015, during finals week.

SMITH BRAIN TRUST -- Toshiba is known for producing televisions, computers — and, as of this summer, an epic accounting scandal. Its CEO resigned in July after an outside investigator documented that the 140-plus-year-old Japanese company had overstated earnings by $1.2 billion since 2008.

On April 20, 2015, the Accounting and Information Assurance Department at the University of Maryland’s Robert H. Smith School of Business hosted its annual Accounting Teaching Scholars  (ATS) dinner.