Stephen M. Schanwald ’77 committed $15 million to the University of Maryland, supporting the Smith School’s sports management program and a new golf performance center. His latest gift brings his total commitment to UMD’s Forward campaign to $33 million.

The University of Maryland's Smith School of Business will reduce MBA requirements from 54 to 48 credits starting with the fall 2026 cohort, redesigning its MBA programs to emphasize AI fluency, flexibility and affordability while maintaining academic rigor, leadership development.

The Smith School highlights record fundraising, new investments in AI and innovation, expanded academic programs, industry partnerships, experiential learning and student success. New initiatives in space commerce, banking and financial wellness underscore momentum while students earned top honors in national and international competitions.

The University of Maryland's Robert H. Smith School of Business relaunched its Blockchain Business Accelerator and Blockchain Business Imperative executive certificate program, expanding blockchain education, entrepreneurship and workforce development while strengthening its regional blockchain ecosystem during Maryland Blockchain Week.

The University of Maryland’s Smith School will help strengthen Fort Meade’s modernization through Maryland’s first Army intergovernmental support agreement, providing faculty expertise and student talent for installation projects while expanding experiential learning opportunities and the state’s skilled workforce pipeline.

David Bruce Smith and the Smith Family Foundation donated $10 million to the University of Maryland, including $5 million for the Smith School. The gift funds endowed faculty positions, AI curriculum integration, innovative student programs, experiential learning opportunities and business research initiatives.

David Bruce Smith has pledged $10 million through the Robert H. and Clarice R. Smith Family Foundation to support business education and the arts at the University of Maryland. The gift establishes new faculty positions at the Smith School and enhances programming at The Clarice, continuing the family's longstanding philanthropic legacy.

The University of Maryland’s Smith School launched its first undergraduate space commerce course this spring, giving students firsthand exposure to the rapidly growing aerospace industry. Through industry speakers and career connections, the course advances the school’s broader Space at Smith initiative and workforce-development efforts.

Business school leaders from more than 150 Mid-Atlantic institutions gathered at the University of Maryland’s Smith School to discuss higher education challenges, including AI, shifting student demands, and market changes. Conference speakers emphasized AI fluency, curriculum innovation, experiential learning, and adapting business education for long-term sustainability.

In his latest book, 1929: The Inside Story of the Greatest Crash in Wall Street History, Andrew Ross Sorkin couldn’t help but notice some modern parallels.