The University of Maryland’s Robert H. Smith School of Business will play a central role in a statewide initiative to evaluate how Maryland can better support the more than one million residents who provide unpaid care to aging adults and individuals with disabilities.

The Comptroller of Maryland, in collaboration with the University of Maryland’s Robert H. Smith School of Business, released a new scenario analysis, demonstrating the estimated, direct impact of spending and job cuts for the Department of Health and Human Services (HHS), and the United States Agency for International Development (USAID) on Maryland jobs, wages, grants, and contracts.

Maryland businesses faced rising costs, federal workforce cuts and new tariffs in 2025, but a statewide survey shows cautious optimism for early 2026. Firms reported weaker performance yet increased investment, while structural challenges continue to weigh on the state’s business climate.

New research from the Center for Global Business shows that study abroad programs enhance students’ career outcomes—leading to quicker job placement, higher salaries, and stronger global skills—highlighting how international experiences help graduates stand out in a competitive, tech-driven job market.

Students at the University of Maryland’s Robert H. Smith School of Business gathered Sept. 25 for the first Careers Crossing Borders “Mini Roundtable on Careers in Global Trade,” where professionals shared insights and networking opportunities on navigating evolving global markets and trade careers.

The University of Maryland’s Robert H. Smith School of Business is driving state policy and economic development through faculty-led, student-powered research partnerships with Maryland agencies, while providing experiential learning that equips students with analytical skills and real-world impact opportunities.

A joint report from Maryland’s Comptroller and Smith School researchers reveals $150 billion in recent federal spending in the state. Students, guided by professors Liu Yang, Vojislav Maksimovic and Kislaya Prasad, gained valuable experience in data analysis and government collaboration.

Smith School faculty and graduate students partnered with the Maryland Comptroller’s Office to analyze the economic impact of federal spending and employment, helping state leaders assess risks and build a more resilient future for Maryland’s economy.

Get ready for summer with the 22nd Annual Summer Reading List for Business Leaders—featuring Smith School faculty picks on investing, neuroscience, human connection, and more, including a novel inspired by a radio show turned TV series.

Kislaya Prasad, academic director of the Center for Global Business, hosted Erik Peterson at the center’s Distinguished Speakers in International Business Series. Peterson discussed key global trends, including middle powers, tariffs, corruption, and AI, highlighting economic uncertainties and geopolitical shifts shaping the next five years.