1999 Profile Update
School Statistics
Graduates' Comments
SURVEY DETAILS
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Buoyed by high student marks and improved recruiter grades, Maryland's Smith School of Business was one of four newcomers to make it into BW's Top 25 in 1998. Grads were impressed with the school's close-knit, diverse environment. Thirty-nine percent of Smith's full-time student body were internationals (tied for most in the Top 25 with Carnegie Mellon), and 36% were women, good for third-highest in the elite grouping. Meanwhile, Maryland's classes were small and intimate: An average of 46 students were enrolled in a core class, while elective courses had just 25 students on average. Adding to the cooperative culture was a flexible faculty easily accessible outside the classroom.
On the placement front, Maryland was the only school where the entire surveyed student population had at least one job offer by graduation. Still Smith's placement office was voted the second-worst in the Top 25 as recruiters gave it the lowest scores in the corporate poll. Evidence of their disappointment can be seen in the diminishing number of companies recruiting second-years on Maryland's campus -- from 73 in 1997 to 64 in '98 (the smallest total in the Top 25). At year's end, grads garnered average comp packages equaling $98,181. Although that places them near the bottom of the elite group, they earned average base salaries that were 83% higher than their pre-B-school salaries. Also, 24% of the class took home stock options as part of their packages -- third-highest in the Top 25. Couple that with the school's $14,048 nonresident tuition -- cheapest in the Top 25 -- and you've got yourself a bargain. Grads reentered the working world with the lightest debt load in the Top 25 -- an average of just $19,243.
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STRATEGY FOR APPLICANTS
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Maryland has become a fairly selective school of late. Applications for the class of 2000 reached an all-time high of 1,941, more than double what the school drew just eight years earlier; only 21 percent of those who applied got in. So you'll need strong GMAT scores and a decent GPA to get in the gate. You'll have an edge if you apply early, by the February deadline at the latest; applications are considered in rounds, and you can expect a reply about eight weeks after each of the first three deadlines, four weeks after the final deadline in April. International candidates should note that they have a different set of dates to consider: Applications from overseas are considered in the November and December rounds, with a final deadline of February. Personal interviews are not required -- less than half of those admitted for the class of 2000 had a face-to-face sit-down.
Smith prides itself on offering students a wide range of financial aid options, including fellowships and scholarships, teaching and research assistantships, and work-study jobs. If you'd like to be considered for any type of financial aid, you'll have to get your paperwork in by Feb 15.
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CURRICULUM
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Electives available in 1998: 62
New electives in past three years: 20%
The core curriculum was last revised in: 1994
Accelerated MBA program offered?
Yes
New Courses in Past Three Years
Supply Chain Management Computer and Models Applications, Marketing Analysis for Consulting, Computational Finance, Information Technology Market Structures and Trends, Electronic Commerce, Design of Telecommunication Solutions for Business Problems, Industry Competitive Analysis, Organizational Change, Marketing Audits, Financial Statement Analysis
Most Popular Electives
Fixed Income Securities, Equities Markets, Marketing Communications, Product Management, Management of the International Firm, Investment Management
Most Popular Professors
Anil Gupta, Meg Van De Weghe, Alex Triantis, Ken Smith, Daniel Sheinin, Haluk H. Unal, Mike Peters
Majors or Concentrations Added in Past Three Years
Management Consulting, Business Telecommunications, Supply Chain Management, Electronic Commerce, Global Knowledge Management, Financial Engineering
Teaching Methods
Lecture: 35%
Case Study: 35%
Experiential Learning: 30%
| Full-time faculty members: |
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80 |
| Adjunct or visiting faculty: |
48 |
| Average core class size: |
46 |
| Average elective class size: |
25 |
Laptop computer required?
No
Grading System
Grades are based on the 4.0 scale: The A is calculated at 4 quality points, B at 3 quality points, and C at 2 quality points. Grades of D, F and I receive no quality points.
Exchange Programs or International Campuses
Instituto de Estudios Superiores de Administracion (Venezuela); Norwegian School of Management (Norway); University of Antwerp (Belgium); Group Ceram (France); Royal Melbourne Institute of Science and Technology (Australia)
Best Areas of Study
Entrepreneurship, Information Systems, Finance, Marketing, Management/Consulting
Areas School Would Like to Improve
N/A
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1998 PLACEMENT
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On-campus recruiters for graduates: 64
On-campus recruiters for first-year internships: 44
On-campus student full-time job interviews: approx. 370
On-campus student internship interviews: 276
Job opportunities posted via the Internet or E-mail: 579
Top Employers/Number of 1998 Hires
| Bell Atlantic |
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6 |
| Coopers & Lybrand |
6 |
| Allied Signal |
5 |
| Intel |
5 |
| KPMG Peat Marwick |
5 |
| Andersen Consulting |
4 |
| Arthur Andersen |
4 |
| Renaissance Worldwide |
4 |
| Ernst & Young |
3 |
| Pepsi Co |
3 |
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ALUMNI NETWORK
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Number of living alumni: 4,207
Alums who gave to the school during the 1997/98 academic year: 6.7%
Median alumni gift: $50
Number of alumni clubs: 1
Number of dues-paying members: 561
Number of staffers devoted to MBA alumni relations: 0
Placement services offered for alumni?
Yes
Description of Alumni Placement Services
The Smith School of Business Alumni Relations Office offers several career networking services to alumni. First, the office provides and manages a Web-based job posting service whereby alumni can send and receive information about job opportunities within their specific geographic region or internationally. Second, alumni can enroll in a free online career networking service, called Networker, which is owned by a Smith School alumnus. Networker makes alumni education and career information immediately accessible to many national businesses and organizations actively recruiting for busness management expertise. Finally, Smith School of Business alumni work closely with the schoolís career services centers to facilitate placement of graduate students, provide mentoring support, and conduct mock interviews.
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1999 Profile Update
School Statistics
Graduates' Comments
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Key Contacts
School Web Site
E-Mail:
mba_info@rhsmith.umd.edu
Address:
Smith School of Business
College Park, MD 20742
Dean:
Howard Frank
(301) 405-2308
Director of MBA Programs:
Mark Wellman
(301) 405-2559
Director of Admissions:
Sabrina White
(301) 405-2280
Director of Alumni Relations:
Tamara Z. Maull
(301) 405-2392
Director of Financial Aid:
William Leith
(301) 405-9000
Director of Career Services:
Robert D. Hradsky
(301) 405-4565
Application Deadlines:
U.S.
April 30, 1999
International
February 15, 1999
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