University of Maryland at College Park is a public university in College Park, Maryland. It was founded in 1856, and it was ranked as the #60 best college in the 2017 US News and World Report rankings. Nestled between Washington, D.C. and Baltimore, this popular university offers students an active lifestyle with many big city attractions. Online, the university offers a top rated distance MBA that was ranked #9 in the most recent US News survey.
Online MBA is ranked #9 by US News and World Report for 2017
The online MBA from the Robert H. Smith School of Business at the University of Maryland at College Park is ranked #9 in the most recent US News and World Report survey.
This online MBA program earns high scores from US News for having the same academic rigor and high quality faculty in the online program as all of the campus based MBA programs. It also receives top marks for its specializations in accounting, finance, IS and business analytics, marketing and supply chain management.
The Smith School also has an alumni network of more than 60,000 professionals around the world. Tap into that network during and after your business program to further your career.
This business degree can be completed online in as few as 21 months, so you can get your education done quickly while continuing with your work obligations. It is very important for many working business professionals to be able to earn their degree quickly and with a high level of flexibility. The University of Maryland earns high marks for doing that.
Online MBA is AACSB accredited
The Association to Advance Collegiate Schools of Business or AACSB has accredited the Smith online MBA program. AACSB is the leading provider of accreditation for business and accounting programs for bachelor’s, master’s and doctoral degrees.
The accreditation standards that are established by the AACSB challenge educators to achieve the highest level of excellence in business education. The AACSB accreditation is the gold standard in the business and accounting fields.
Fewer than five percent of business programs across the world have achieved AACSB accreditation.
Seeing AACSB accreditation should tell you that your MBA program has achieved the highest level of quality in business education. This provides you with the confidence that your education will teach you what you need to know in business management. Also, future employers can be confident that your education was of high quality.
The University of Maryland at College Park also is accredited by the Middle States Commission on Higher Education, which is one of the regional accreditation agencies that is recognized by the Department of Education.
Online MBA program is highly interactive
The online MBA program at the Robert H. Smith School of Business is a hybrid format. This means that the program has a mixture of live classes and recorded classes.
Each week, you will have live sessions where the small class sizes allow students and professors to see each other and interact. This allows students to share ideas, do group projects and to network. Many students find that these live, group classes are one of the best parts of the online MBA program.
Other classes in the program are offered in a recorded format and may be viewed as your schedule allows. This hybrid format offers most students an effective combination of flexibility and live interaction that is the best of both worlds.
Tuition for graduate programs is the same in state and out of state
The cost per credit hour for the online MBA is $1,481, and this is the same for in state and out of state students. The entire tuition for the program is $79,974.
This amount covers your curriculum, technology platform costs, and also room/board accommodations for the two, three day residencies during the program.
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GMAT or GRE exam is required for full time graduate business programs
The University of Maryland at College Park still requires all business graduate students to submit their GMAT or GRE scores to be considered for admission. Some research suggests that excellent standardized test scores do not necessarily reflect a high degree of likelihood for success at the graduate school level.
The average GMAT score for admitted applicants into the online MBA program is 602, and the average GRE score is 155 verbal and 156 quantitative.
For the part time MBA program, a waiver may be considered if the student has shown that he or she has excellent verbal, quantitative and analytical skills through their academic profile and/or their career history. Applicants are required to submit a complete application for the admissions committee to consider giving a GMAT or GRE waiver.
Online MBA program is not particularly selective
US News and World Report states that a total of 349 students most recently applied to the online MBA program. At least 236 were accepted, which indicates that the program is not nearly as selective as other competing online MBA programs.
- Founded in 1856
- Application deadline: Jan. 20; rolling for MBA
- Application fee: $65
- School type: Public
- Term Schedule: Semester
- Location: Washington, DC
- Student-faculty ratio: 16:1
- MBA: $1,481 per credit hour in state and out of state
- Undergraduate: $284 per credit hour in state, $499 per credit hour out of state
- Graduate: Master of Business Administration, Accounting and Financial Management, Management, Data Analytics
- Undergraduate: Business Administration, Finance, Accounting
Concentrations – MBA
- General MBA
- Information systems and business analytics
- Supply chain management
- 6% of all classes overall have fewer than 20 students
- 53% male, 47% female
- Total enrollment: 38,140
- Online MBA enrollment: 147
- 349 online MBA applicants, 236 accepted
Graduation and Retention Rates
- Average freshman retention rate is 95%, which is outstanding
- 4 year graduation rate is 69%, also excellent
- 2% of students do not graduate within six years
US News Rankings
- National universities: 60
- Best colleges for veterans: 36
- High school counselor rankings: 49
- Best online MBA programs: 9