Maryland’s Smith School of Business

Application Fee: $75

2012 Tuition & Fees: $98,500, up from $95,000 in 2011

Average Months of Work Experience: 157

GMAT Required: No. Enrolled students receive software packages prior to the start of classes. The packages include self-paced tutorials on accounting, finance, statistics, and economics. The tutorials test the quantitative skills in each subject. The test scores are reviewed the academic director prior to the start of each course. A passing grade is required.

Acceptance Rate: 83%

Enrollment: 40

International: 8%

Female: 23%

African-American: 28%

Asian: 10%

Hispanic/Latino: 0%

Mean Age: 39

Classes Meet: Alternate weekends with occasional

Length of Program: 19 months

Students From These Sectors:

  • Consulting: 15%
  • Consumer Products: 0%
  • Financial Services: 15%
  • Government: 22%
  • Manufacturing: 0%
  • Media/Entertainment: 12%
  • Non-Profit: 5%
  • Petroleum/Energy: 5%
  • Pharmaceutical/Biotechnology/Health Care: 8%
  • Real Estate: 0%
  • Technology: 13%
  • Other: 5%

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.