2007 UNDERGRAD PROFILE
University of Maryland
Robert H. Smith School of Business
B-School and Program Basics
| Address: | 1570 Van Munching Hall University of Maryland College Park, MD US 20742 |
Program E-Mail |
Program Web site |
Robert H. Smith School of Business is a public institution.
Undergrad business program was founded: 1921
Accredited by AACSB International
Classes begin:
| Fall Semester | 08/30/2006 |
| Spring Semester | 01/24/2007 |
Enrollment
| Total undergraduate business school enrollment | 2849 |
| Total full-time undergraduate business students | 2777 |
| Total part-time undergraduate business students | 72 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 37% |
| International students | 1% |
For U.S. schools only: |
|
| African American students | 6% |
| Native Americans | 0% |
| Asian Americans | 20% |
| Hispanic | 4% |
| White (non-Hispanic) | 67% |
| Unknown | 4% |
| Other | NA % |
U.S. students by region:
| Mid-Atlantic U.S. | 63% |
| Midwest U.S. | 1% |
| Northeast U.S. | 34% |
| South U.S. | 1% |
| Southwest U.S. | 1% |
| West U.S. | 1% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 99% |
| Canada | NA % |
| Other | 1% |
| Unknown | NA % |
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Does the school require standardized tests, such as the SAT or ACT? | No |
SAT Scores for full-time entering business students |
|
| Average | 1360 |
| Median | 1355 |
| Range (Middle 80%) | From 1310 to 1400 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 30 |
| Median | |
| Range (Middle 80%) | From to |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 18 |
| Median | |
| High School performance of entering business students | |
| Top 10% of high school class | 52% |
| Top 25% of high school class | 78% |
| GPA of 3.75 or higher | 75% |
| GPA of 3.5 to 3.75 | 14% |
| GPA of 3.25 to 3.49 | 9% |
| GPA of 3.00 to 3.24 | 2% |
| GPA of 2.50 to 2.99 | 0% |
| GPA of 2.00 to 2.49 | 0% |
| GPA of 1.00 to 1.99 | 0% |
| GPA below 1.0 | 0% |
| For Internal Transfers | |
| Minimum overall college GPA | 3.00 |
| Additional application requirements | |
| 2 semesters accounting + economics, statistics, calculus, english composition | |
ADMISSIONS
| University Application fee (resident) | $ 55.00 | ||
| University Application fee (nonresident) | $ 55.00 | ||
| University Application fee (non-resident transfers) | $ 55.00 | ||
The university financial aid office manages admissions to the business program
23551 people applied to undergraduate programs for the 2006 academic year. The school accepted 22% (selectivity) of those applicants, and 30% of admitted applicants (yield) enrolled.
NA % of applicants had applied in prior years, and of those reapplicants NA % were accepted.
The university placed applicant(s) on its wait list. wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
52% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
How do internal transfers apply? NA
2 semesters accounting + economics, statistics, calculus, english composition
5584 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
22% of these applicants were admitted to the program and 52% of admitted students enrolled.
265 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 64 were admitted to the program.
| Share of all university applicants who are female: | 53% |
| Share of all university applicants who are not from the U.S. | 2% |
Interviews for applicants are Not required
Additional application requirements (including those for international students):
TOEFL or IELTS for non-native English speakers regardless of citizenship. No additional requirements for transfer students.
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: Very Important
Class Rank: Important
High School GPA: Very Important
SAT/ACT Scores: Very Important
Application Essay: Important
Recommendations: Important
Interview: Not Considered
Extracurricular Activities: Considered
Talent/ability: Important
Character/personal qualities: Considered
Volunteer Work: Considered
Work Experience: Considered
COSTS
Annual Costs
| Resident Tuition | $ 6,566.00 |
| Nonresident Tuition | $ 20,005.00 |
| Room and Board | $ 8,562.00 |
| Books | $ 1,002.00 |
| Other Expenses (please specify) | |
| Required Fees | $1,340.00 |
| Transportation | $720.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $ 273.00 |
| Nonresident | $ 834.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 12/01/2005 | Spring Semester | 12/01/2005 |
| Business Program deadlines for: | |
| SemesterSemester | 08/01/2006 |
| TrimesterSemester | 01/10/2007 |
FINANCIAL AID
The business program's financial aid ofice manages financial aid for the business program
Financial Aid Web site
Total scholarship money given to business students through the financial aid office in the 2005 academic year: $ 3,875,169.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 5,091,875.00
Scholarships are awarded to students in the business program based on A combination of need and merit
Scholarships in the 2006-2007 academic year | |
| Percent of business students receiving some scholarship money | 34% |
| Percent of business students receiving full-tuition scholarships | 34% |
| Percent of scholarships offered to business students based on need | 55% |
| Percent of scholarships offered to business students based on merit | 100% |
How do applicants apply for scholarships?
Freshmen are considered in admissions process; all others currently enrolled apply directly to the Business School through on-line application
Does the schoool offer a guaranteed loan to all business students (regardless of nationality): No
The maximum amount a business student can borrow per year is: NA
The average outstanding debt among 2006 business program graduates is: NA
CONTACTS
| Dean Howard Frank | Hired as of |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, , , ,
Programs Offered
| BS | Full time |
| Core curriculum last revised 2005 |
| Average class size in required business classes | 37 |
| Average class size in business electives | 38 |
| Average class size in non-business classes (required for admission to the business program | 30 |
8% of business classes (core and elective) have fewer than 20 students
65% of business classes (core and elective) have 21 to 50 students
27% of business classes (core and elective) have more than 50 students
10% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
78% of required business courses had waiting lists for enrollment
AREAS OF STUDY & ELECTIVES
The school reports that the following are its five leading areas of study:
Accounting, Finance, Management Information Systems, Marketing, Supply Chain Management
Number of elective courses (not multiple sessions of same course) available in the past academic year: 62
New electives added in the past academic year:
What special programs are available to business students?
Freshman Fellows Program offers small class sizes + co curricular activities for directly admitted business freshmen. 21 special academic programs offered to upperclassmen offer in-depth specialized study and co-curricular activities. Programs include: entrepreneurship, financial services, financial markets, emerging CFOs, Accounting teaching scholars, Lemma Senbet Investment Fund, Research Fellows, Smith Technology Integration fellows, Business Process Fellows, QUEST, Business Honors, LTSCM
| Work study or co-op opportunities | Yes |
| Internships for academic credit offered in summers only; in addition, many students complete internships not for credit. Coop opportunities offered in Logistics, Transportation and Supply Chain and in Information Systems majors. | |
| Study abroad opportunities | Yes |
| Business students participate in the university's study abroad program as well as business school bilateral exchanges, primarily in the summer. Business Honors students and students in the International Fellows program have a dedicated winter-term faculty-led group study trip each year. | |
| Volunteer and community service opportunities | Yes |
| Students volunteer and contribute community service through membership in Smith-sponsored student organizations, and through campus-sponsored student organizations and programs. Additionally, the Freshman Fellows program colloquium in second semester focuses on corporate social responsibility and provides a required community service activity. Business students also contribute tutoring and special programming for area high school students through the Smith STARS program. | |
| Business clubs and extracurricular activities | Yes |
| The Smith School sponsors 20 undergraduate student organizations and 9 special committees organized through the Smith Undergraduate Student Association and Office of Undergraduate Studies. Clubs organize events and activities, including an annual freshman convocation, leadership retreats, an awards banquet, a Freshman Fellows dinner club, field trips and social events, and Business Week, a week-long series of events to kick off the school year for all Smith School students. | |
FACULTY
| Total full-time undergraduate business faculty | 134 |
| Total undergraduate business adjuncts and visiting business faculty | 39 |
| Total undergraduate permanent/tenured business professors | 58 |
19% of permanent/tenured business professors are women
2% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
NA % of permanent/tenured business professors are members of company boards of directors or boards of advisors
NA % of permanent/tenured business professors have owned their own business
Prominent Faculty: Roland T. Rust, Albert 'Pete' Kyle, Michel Wedel
STUDENT LIFE
Freshmen are not required to live on campus
24%of all business students live on campus
Business students are grouped together in "learning communities" in housing or other facilities
TECHNOLOGY
Number of omputers available to undergraduate business students (within the program and university as a whole): 1800
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Students access Smith's UNet Web portal for announcements. news, information on professional clubs, resume posting, discussion boards, and collaboration tools such as virtual team rooms; eSmith portal provides remote Web-based access to software applications, personal files, course management tools, statistical applications, financial databases, the campus virtual library and news content from sources like Reuters; music subscription service for legal downloads; e-mail forwarding for life.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 58% of 2006 graduates
Of 2006 graduates for whom we have information...
82% were seeking full-time professional employment in business
18% were not seeking full-time professional employment in business
For those not seeking employment in business...
79% of those were already employed at graduation
9% were planning to continue their education immediately after graduation
7% were postponing their job search
2% were planning to start their own business
3% of those not working were doing so for other reasons
152 companies recruited business students on campus from June 30, 2005 to June 30, 2006
816 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006
Of 2006 Job-seeking Graduates...
received their first job offer by graduation
received their first job offer within three months of graduation
received their first job offer more than three months after graduation
did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| PWC | 25 |
| KPMG LLP | 10 |
| Ernst & Young | 10 |
| NVR | 9 |
| Lehman Bros. | 6 |
| Deloitte Touche Tomatsu | 5 |
| Morgan Stanley | 5 |
| Accenture | 4 |
| Black & Decker | 4 |
| Lockheed Martin Corp. | 4 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 46,345.00 |
| Median base salary | $ 46,000.00 |
| Average signing bonus | $ 3,713.00 |
| Median signing bonus | $ 2,500.00 |
| Average other guaranteed compensation | NA |
| Median other guaranteed compensation | NA |
CAREER DIRECTIONS
What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? Yes
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 33% |
| Accounting/auditing | 31% |
| General Management | 7% |
| Human Resources | 0% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 16% |
| Management Information Systems | 5% |
| Operations | 5% |
| Logistics/Transportation | 5% |
| Other | 3% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | NA % |
| Consumer Products & Retail | NA % |
| Consulting | NA % |
| Financial Services | NA % |
| Government, Nonprofit, & Education | NA % |
| Health | NA % |
| Manufacturing | NA % |
| Media & Entertainment | NA % |
| Sports & Leisure | NA % |
| Technology & Science | NA % |
| Transportation | NA % |
| UTILITIES | NA % |
| Other | NA % |
North American Jobs
NA % of 2006 graduates accepted jobs in Canada
100% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:
| Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) | 14% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 84% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 6% |
| Southwest (CO, AZ, TX, OK, NM) | 0% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 9% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 6% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 6% |
| Canada | NA % |
INTERNSHIPS
60 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
NA % of internships were paid.
| Average compensation per week | $ 485.00 |
| Median compensation per week | $ 400.00 |
| Average internship length (weeks) | 28 |
379 companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006
| Top 10 Recruiting Firms for Internships | No. interns |
| PWC | |
| AFLAC Inc. | |
| Morgan Stanley | |
| UBS | |
| University of Maryland Athletic Department | |
| KPMG LLP | |
| Lydian Wealth Management | |
| T. Rowe Price Group | |
| Pulte Homes, Inc. | |
| Deloitte Touche Tomatsu |
ALUMNI AFFAIRS
10% of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006
Of those who contributed...
| The average gift was | $ 3,215.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 10% received any individual gift in excess of $10 million
Prominent Alumni
Carly Fiorina, Former Chairman and CEO, Hewlett-Packard
Kevin Plank, President, Founder & CEO, Under Armour
Robert H. Smith, Chairman, Charles E. Smith Co's
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 120 for BS |
| Minimum of 58 for BS |
