Online MBA Admissions

Admission Requirements

We welcome ambitious, highly motivated professionals who seek a rigorous academic program taught by our world-renowned faculty.

Letter of Recommendation

A recommendation should be solicited from an individual who can objectively comment on an applicant’s performance in a professional environment. Only one recommendation letter is required with your application.

Application Fee

A non-refundable application fee of $75 is required. Please pay by credit card as you submit your application online. The application Fee is waived for UMD Terp alumni and Military students.

Quantitative Preparation

Applicants must demonstrate an ability to successfully complete quantitative coursework. Candidates without previous undergraduate or graduate quantitative coursework, strong quantitative skills displayed on the GMAT or GRE test, or quantitative centered professional experience, may be asked to demonstrate their abilities by taking a class (such as calculus) at an accredited institution prior to beginning coursework.

Essay

The admissions committee looks for essays that clearly and concisely answer the assigned question. It is preferred that applicants keep their submission to approximately 500 words, or two pages double-spaced. Be clear about your career goals, qualifications and why you want to earn your MBA. Before submitting, be sure to check for spelling and grammatical errors.

Academic History

The online application allows you to upload a scanned official transcript(s) for each college or university attended. If the official transcript where you received your degree does not state the degree was conferred, please also upload an official diploma or official copy of your degree received (most schools already list the conferred degree on the transcript). If you are formally admitted to the University of Maryland, you will be required to submit an official transcript to the graduate school. If your transcript is not in English, please also submit an official transcript translated into English.

The University of Maryland Graduate School requires admitted students to have a minimum undergraduate grade point average of 3.0/4.0. Applicants who have a grade point average below 3.0 may still be considered but are required to use the essay to address this.

Graduate Admissions Test (GMAT / GRE)

The GMAT or GRE for all MBA applicants are now optional, and no longer a requirement. Please contact an enrollment advisor for additional information.

To submit a GMAT or GRE score report to enhance an application, request an official score report by visiting www.mba.com for the GMAT and www.ets.org/gre  for the GRE.  When requesting a score report be sent to the University of Maryland, please use the following institutional code for the Online MBA: GMAT code is SQT-N8-32; GRE code is 5814

International

The University of Maryland, College Park, requires any applicant who has not completed a university degree in a country in which English is the principal language (such as the United Kingdom, Australia, Ireland, and New Zealand) to take the TOEFL. You are strongly encouraged to include a photocopy of your TOEFL report with the application materials. The Admissions Committee will not review your file without the TOEFL. To view a list of countries exempt from taking the TOEFL exam please click here.  An official copy of your TOEFL test scores should be sent to the University of Maryland, College Park – institutional code 5814.

2024 Academic Year Submission Deadlines

The Smith online Master of Business Administration program offers three entry points per year in January, May and September.  Please contact the admissions team at 888.836.4735 to discuss next steps and begin your application. 

2024 Term Important Dates:

Term  Application Deadline Classes Start
Summer 5/20/2024
Fall 6/29/2024 8/26/2024

 

Information Sessions

We invite you to join us for an online webinar where you will learn more about the admissions process, the Online MBA program, and the Smith Community.

Online Master of Business Administration Information Session
Watch Now

 

Please check back for more upcoming information sessions.  Previously recorded webinars are available to view here.

Tuition & Fees

Tuition Per Credit Hour $1,733
Total Credit Hours 54
Total Tuition1 $93,582
Application Fee $75
Technology Fee2 $76.50 for 8 credits or less;
$153 for 9 credits or more
Enrollment Deposit3 $750

 

There is no differentiation between in-state and out-of-state tuition. The tuition covers curriculum, technology platform licensing and support.  Course books and materials are not covered in the tuition or fees. Tuition and fees are subject to change.

The University-mandated technology fee is charged three times a year during the spring, summer and fall semesters.

Admitted applicants are required to submit a $1,000 non-refundable enrollment deposit to reserve a space in the class. Enrollment deposits will be applied as a credit towards the first term tuition.

Financing Your Education

There are a multitude of financial awards and financial aid options available to help eligible students in paying some or all of the cost of their online degree. Be sure to carefully review all financial aid resources to gain an understanding of what options may be available to you.

Smith Financial Awards

The Smith School of Business bestows financial awards to a select number of applicants based on scholastic merit, professional accomplishment and evidence of leadership. All applicants whose applications are complete by the application deadline receive automatic consideration.

Double Terp Financial Award

A Double Terp Financial Award is available to alumni of the University of Maryland, College Park who are newly-admitted into the Smith Online MBA program. Be sure to indicate that you are a graduate of the University of Maryland, College Park on your application for admission.

Corporate Partnerships

The Smith School of Business has partnered with specific organizations to offer reduced tuition and no application fee or enrollment deposit for their full-time employees and their immediate family members who enroll in the online MBA program. If you are employed by a partner organization and would like to learn more about this benefit, or would like to confirm if your organization has a partnership with Smith, please contact an enrollment advisor.

Federal Student Loans

Students who are U.S. citizens or permanent residents may apply for Federal Student Loans through the Office of Student Financial Aid by completing the Free Application for Federal Student Aid (FAFSA). The application is available online at www.fafsa.ed.gov; UMD-College Park’s FAFSA code is 002103.

After the FAFSA is received by the Office of Student Financial Aid, additional information specific to the individual student may be requested. When all application materials are received Federal loans are certified, and the student is notified. This notification process typically begins mid to late June. An application for aid has no bearing on the application for admittance to the program.

US Military Members and Veterans

The University of Maryland has a Veterans Program Office to assist military service members and veterans in their educational pursuits. Veteran Award and VA benefit information can be found online.

Satisfactory Academic Progress

All students receiving financial aid must maintain certain academic standards during the program or else risk losing eligibility for funding. Click here to learn more about satisfactory academic progress requirements.

Online Military-Friendly MBA

Our military-friendly MBA program offers a number of benefits for veterans and active members of the military in recognition of their service. We are dedicated to providing military personnel with special opportunities to ease the transition to academics and make a first-rate education readily attainable. To help you navigate the enrollment process and the procedures for securing government funding, we offer a dedicated military advocate to act as a personal agent for military students. This advocate will also help you communicate with companies and organizations throughout the corporate landscape after you graduate to help you find the right career opportunity.

Other potential benefits for veterans and active military personnel include:

  • Yellow Ribbon Program Participating Institution Benefits
  • Waived application fees
  • Veteran MBA alumni on staff to advise and advocate for military/veteran students
  • SmithVets student club & campus Student Veterans of America chapter
  • Veteran-centered programming
  • In-state tuition extended to veteran residents of Maryland and soldiers stationed in MD.

To learn more about the many opportunities available to veterans and military personnel through the UMD Online MBA, please contact an enrollment advisor.