In May, the University of Maryland’s Robert H. Smith School of Business received a $437,860 grant from the Robert H. Smith School of Business Foundation.The grant represents roughly 4% of the foundation’s assets managed by the Smith School’s student investment funds—the Mayer, Senbet and Global Equity funds. Collectively, the funds currently manage approximately $11.5 million in assets.

Reddit featured UMD professors Clifford Rossi and Tim Canty in a "climate finance" Ask Me Anything session, highlighting their collaboration in climate finance education and their new MS in Climate Finance and Risk Management degree.

New Smith School graduates heard keynote speakers highlight technology’s potential for positive change and shared wisdom on leading a fulfilling life. The ceremony honored 2,074 graduates, emphasizing resilience, the importance of truth, and the power of mentorship and service.

In a notable academic endeavor, students from Smith's Master of Quantitative Finance program undertook an experiential learning project, crafting a model for valuing credit risk transfer (CRT) securities for Freddie Mac. Led by Professor Clifford Rossi, their rigorous methodology and innovative approach signal advancements in mortgage finance.

The Maryland Department of Emergency Management collaborates with the University of Maryland's Robert H. Smith School of Business to develop a Mortgage Climate Risk Analyzer. Led by Professor Clifford Rossi, the tool assesses climate-related risks to homeowners, aiding in disaster preparedness and resiliency efforts.

A July tornado that tore across the Rocky Mount, N.C., region left severe damage including to a Pfizer facility. Amid subsequent supply chain disruption, the manufacturer alerted hospitals to a list of 12 drugs available only through emergency orders “due to their high medical need,” effective “immediately and until further notice.” The disruption further prompted action from risk management expert Clifford Rossi and students in the Master of Quantitative Finance (MQF) program at the University of Maryland’s Robert H. Smith School of Business.

The University of Maryland was named the top college in the nation for LGBTQ+ students by Campus Pride and BestColleges.It leads the list of 2023’s Top 25 LGBTQ+-Friendly Colleges, recognizing educational institutions that foster inclusive and supportive environments for LGBTQ+ students. Maryland was No. 1 in 2020 and appeared among the top 25 in 2021 and 2022.

New graduates of the University of Maryland’s Robert H. Smith School of Business heard keynote testimonials on overcoming adversity and the life-changing benefits of a Smith degree during commencement exercises on May 24 at the XFINITY Center in College Park. The ceremony recognized 1,191 undergraduate students, 1,065 business master’s and MBA students, 10 PhD students and 32 EMBA students.

Every year, natural disasters have catastrophic consequences and cause billions of dollars of property damage. With climate change, the impacts are only getting worse.