Definition of the Robert H. Smith School of Business

What is the Robert H. Smith School of Business?

The Robert H. Smith School of Business, informally known as the Smith School or Maryland Smith, is a business school located at the University of Maryland in College Park, Maryland. The school offers undergraduate degrees as well as graduate programs such as the Master of Business Administration (MBA) degree program.

Smith School houses departments in many of the traditional areas of business schools, such as accounting, operations, finance, and marketing.

Key takeaways

  • The Robert H. Smith School is a business school located at the University of Maryland in College Park, Maryland.
  • The Smith School offers business programs at the undergraduate and graduate levels that include in-person and online MBA degrees.
  • The school’s MBA programs are consistently ranked among the best in the world.
  • The school houses more than 65,000 students, who have found employment primarily in the fields of consulting and financial services.

History of the Robert H. Smith School of Business

The precursor to the Smith School was founded in 1921 when the University of Maryland began offering a dedicated undergraduate business program within its existing department of Economics and Business Administration. This program became an independent institution in 1938 when it became known as the College of Commerce. The school’s Master of Business Administration (MBA) program was introduced in 1947.

The current iteration of the school began in 1998 when it was renamed the Robert H. Smith School of Business. This was done in honor of University of Maryland alumnus Robert Hilton Smith, a prominent real estate developer and philanthropist who donated approximately $ 100 million to the University of Maryland. RH Smith (class of 50) died in 2009 at the age of 81.

Today, Smith School is home to approximately 6,000 students across all programs, of which approximately 175 are full-time MBA students. They are joined by a large staff of 170 full-time faculty members and an additional 30 part-time faculty members. The school’s MBA program is regularly ranked in the top 50 MBA programs worldwide, as determined by media organizations such as The Financial Times, The Economist, Y Forbes.

Robert H. Smith School of Business Alumni

Students who graduate from the Smith School will join an alumni network of more than 65,000 people. This great community includes many notable members, such as Kevin Plank, founder of Under Armor; Carly Fiorina, former CEO of Hewlett-Packard (HPQ); and, of course, Robert H. Smith himself.

Among the many industries in which these alumni serve, the most common industries are consulting, financial services, general management, and marketing, with careers in consulting and financial services being the most common path followed by alumni of Smith School.

In recent years, Smith School has taken steps to increase the flexibility and accessibility of its programs, launching its first online MBA program in 2013.

READ ALSO:  What Causes Fluctuation In Oil Prices?
About the author

Mark Holland

Leave a comment: