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PART-TIME MBA Profiles Publish Date 11/13/08

University of Maryland

Smith School of Business

Getting In

PROGRAM BASICS

Robert H. Smith School of Business

Part-Time MBA Program

Van Munching Hall
College Park , Maryland 20742

Status:

Public Institution

Times offered:


Weeknights

On alternate weekends

Evenings

Semesters offered:


Fall

Winter

Spring

Summer

Percentage of part-time students who graduate within six years of entering program:

93 %

Average months to complete program:

29

Maximum months permitted to complete program:

60

School has separate full-time MBA program?

Yes

If school has full-time program, can students switch to full-time program?

No

Graduate business school is accredited by:


AACSB International

Tuition and Fees: (Based on six credits in the fall and six credits in the spring)


Resident: $  14,230
Non-Resident: $  14,230

Tuition per credit:

$  835

Years in which the following programs were founded:


Full-time MBA: 1947
Part-time MBA : 1990
Undergraduate business program: 1921
Executive MBA: 2003
Executive Education (non-degree): 1989
PhD program: 1966

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 1330
Full-time MBA: 257
Part-time MBA: 1073
Executive MBA: 71

PhD program: 112
MS: 83

Graduate degree programs:


Master of Accounting

Other graduate degree programs:

N/A

ADMISSIONS, SELECTIVITY AND YIELD

Total applications, most recent entering class:

654

Applications accepted, most recent entering class:

84 %

Admitted students enrolled:

73 %

Applicants wait-listed during the last admissions cycle:

57

Wait-listed applicants admitted for the semester to which they applied:

25

Applicant interviews are:

Not required

Applicants interviewed:

0 %

Admitted applicants interviewed:

0 %

ENTRY REQUIREMENTS

Rolling admissions?

No

GMAT required?

Yes

If not, how are applicants' quantitative abilities checked?

N/A

Average GMAT:

609

Median GMAT:

600

Middle 80% GMAT:


From:  520
To:  700

Is proficiency in English required?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?


IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Minimum paper-based TOEFL:

600

Relative Importance of Application Elements:

GMAT Scores:

Important

Resume/Work Experience:

Important

Application Essays:

Important

Interviews:

Not Considered

Recommendations:

Important

Undergraduate Transcripts:

Important

CLASS PROFILE

Female students:

30 %

International students:

7 %

Percentage of newest entering class that are:


African American: 9  %
Asian American: 22  %
Hispanic or Latino American: 4  %
Multiethnic/Multiracial : 0  %
Native American: 1  %
White (Non-Hispanic): 62  %
Chose not to report: 2  %
Other: 0  %

Average months postgraduate work experience:

59

Median months work experience:

48

Middle 80% range work experience (months):


From:  24
To:  108

Students with one year or less of work experience:

7 %

Mean base salary of entering students:

$  69,339

Median base salary of entering students:

$  65,000

Middle 80% base salary range of entering part-time students:


From: $ 42,000
To: $ 101,000

Mean base salary, 2007 grads, six months after graduation:

$  N/A

Mean entering student age:

28

Median entering student age:

27

Entering students work in the following functional areas:


Consulting: 11  %
Finance/Accounting: 27  %
General Management: 6  %
Human Resources: 1  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 13  %
Management Information Systems (MIS): 12  %
Operations/Production (Logistics, Purchasing, Engineering, etc.): 18  %
Other: 12  %

Entering students work in the following industries:


Consulting: 9  %
Consumer Products: 4  %
Financial Services: 21  %
Government: 14  %
Manufacturing: 2  %
Media/Entertainment: 3  %
Non-Profit: 6  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health Care Products: 7  %
Real Estate: 6  %
Technology: 19  %
Other: 7  %

FINANCIAL AID

Students partially funded by their current employer:

N/A %

Students fully funded by their current employer:

N/A %

Part-time MBAs apply for financial aid through:

Central financial aid office at the university

Students receiving some form of financial aid in 2008-09:

N/A %

Of part-time MBA students who applied for financial aid for the 2008-2009 academic year, percentage receiving:


Institutional Scholarships: .8  %
Assistantships: 0  %
Loans (private and government): N/A  %

Mean financial aid package:

$  44,250

Median financial aid package:

$  44,250

On what basis are scholarships awarded?

Academic merit

Full-tuition scholarships awarded, 2007-08:

0

How does an applicant apply for scholarship consideration?

All applicants are considered for scholarships

Total financial aid for part-time students 2008-2009:

$  N/A

Does school offer a guaranteed loan to all part-time MBAs?

No

Maximum of guaranteed loan:

$  N/A

Mean outstanding debt at graduation:

$  N/A

Academics & Lifestyle

FACULTY

Faculty employed by the B-school:

209

Full-time faculty


Tenured: 71
Non-Tenured: 138

Adjunct/Visiting Faculty


Tenured: 0
Non-Tenured: 0

Women on Faculty


Tenured: 18
Non-Tenured: 39

Minority Faculty


Tenured: 21
Non-Tenured: 30

International Faculty


Tenured: 16
Non-Tenured: 4

Faculty with PhDs


Tenured: 71
Non-Tenured: 96

STUDENT LIFE

Active MBA specialization clubs open to part-time students:


Biotech/Health care

Business Ethics

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

Information Technology

Investment Banking

Marketing

VC/ Private Equity

Other

Active MBA networking clubs open to part-time students:


Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Volunteer

Wine

Women in MBA

Other

Part-time students have their own area/center on campus?

Yes

Part-time students have lockers?

No

Part-time students have break-out rooms?

Yes

TEACHING/ACADEMICS

Teaching Methods:


Case study: 25  %
Distance Learning: 0  %
Experiential Learning: 5  %
Lecture: 45  %
Simulations: 5  %
Team Project: 20  %
Other: 0  %

Teachers in the part-time program:

117

Tenured teachers in the part-time program:

42

Faculty also teaching in full-time program:

100 %

Average core class size:

60

Avrerage elective class size:

27

Electives available:

58

Recently added electives:


Management Consulting
Innovation Management
Consumer Product Marketing Simulation
New Product Development
Competing in Emerging Markets
Tax Considerations for Strategic Management Decisions

Last curriculum revision:

2007

Recent curriculum changes:

The addition of selectives. Within the Globalization, Entrepreneurship & Technology fields, students will have a choice of courses to meet their requirements. The addition of two credit electives.

Concentrations and specializations offered to part-time MBAs:


Accounting

E-commerce

Entrepreneurship

Finance

General Management

Human Resource Management

International Business

Leadership

Marketing

Operations Management

Organizational Behavior

Statistics and Operations Research

Strategy

Other

Concentrations offered:


Logistics and Supply Chain
Information Systems/Technology
Consulting

Does the B-school offer an accelerated part-time MBA program?

No

Graduation requirements:


Students must have earned a pre-determined GPA/Letter grade average

Credits required to graduate:

54

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Van Munching Hall, home to the Smith School, is one of the most technologically advanced business school buildings in the world. In 2008, a 38,000 s.f. North Wing addition to Van Munching Hall opened. It houses four state-of-the-art classrooms, four conference rooms, and 10 student/team rooms and an executive meeting space equipped with a NASDAQ ticker. Recent upgrades to the original Van Munching Hall include the addition of video cameras, instructor touch panels, AV controls, and projection units. Other technology improvements include: a Mac Lab equipped with 20 iMac computers with 24” monitors and Adobe Creative Suite 3 and other media applications, along with scanners and printers. Many of our netcentric laboratories were upgraded. In the Supply Chain Lab, we now have the first Virtual Desktop Infrastructure (VDI) technology. In the Finance Lab, we added thin client hardware and now all finance applications are available via the Web. (Reuters Financial Certification is available.) The Behavioral Lab’s addition of an Audio Visual Lab is equipped with a Tobii eye tracker, along with audio and video capabilities to record team interactions and a large display screen to review and edit recorded data. Full-time MBA students are given Verizon Blackberry 8830 (World Edition model) handheld devises. Students have 1GB of e-mail and file storage space allotted to them and the Postini spam filter is in use. Smith uses PSync to allow a single sign on to access all UM online resources. A new Smith School Web site was launched in 2008 and video podcasts are available online and via iTunes. MBA Networth is the online community of practice for students. It includes course schedules, program announcements, classroom applications, virtual library, upcoming events, online directory and personal profiles. Students are able to use the school’s CVENT online event management system to manage their club events. Turning Point software is installed in all classrooms allowing students to participate in classroom instruction using clickers for real-time results. In the Ronald Reagan Building in Washington, D.C., the Smith space was renovated and upgraded and all class and lab machines were replaced and additional printing services were added along with an upgrade to the wireless network, including the installation of a TLS line.

Amount spent:

$  7,640,384

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

8,338

Business School Endowment

$  33,743,401

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://alumni.umd.edu/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.alumninetwork.rhsmith.umd.edu

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Do part-time MBAs have access to career development office?

Yes

If part-time MBA students have access to the career development office, at what point in the degree process are they able to use the service?

At any time

Do current part-time MBAs have access to an alumni database?

Yes

Are part-time MBAs permitted to interview for summer internships?

Yes

Are part-time MBAs permitted to interview for full-time jobs?

Yes

Are part-time students included in resume drops?

Yes

Organizations that send the most participants to the part-time MBA program:


Lockheed Martin

18

Northrop Grumman

17

T Rowe Price

9

Booz Allen Hamilton

9

IBM

5

Graduate Comments

All electives offered to full time students were offered to part time students in the evenings, most of the time taught by the same professor who taught during the day to the full-time guys. From an academic perspective I do not feel like I missed out on anything.

I think a 54-credit load is too much for a part-time program. Further, many of the electives relied on group activities and team projects too much, in my opinion.

Many of the seminars and events are offered in the middle of the day, so it is difficult for those part-time students who have full-time jobs to attend.

For what I expected to get out of an MBA program, this program really delivered.

The career office is too regional. It needs to set up an office in NYC to bring more companies to campus.

I think it was an excellent program and has helped me develop a lot of business skills I may have not been exposed to. It was a great learning experience that I believe my colleagues at work should go through.

Smith's MBA program exposed me to new frameworks and models that help me understand how the business and financial worlds work.

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