Smith Business is published twice a year— spring and fall—by the Robert H. Smith School of Business at the University of Maryland, College Park.

The Smith School has become one of the world’s leading business schools in transforming its curriculum to reflect the needs of leadership for a global economy powered by technology and entrepreneurship. Smith students learn how to apply information technology to create innovation and drive business growth, while the school’s world-renowned faculty create new management knowledge and identify leading business practices for today’s networked world.

The Smith School’s strengths in both academics and research are reflected in its rankings and other accolades. The school is ranked #5 in the world for research by the Financial Times, which also ranks the school’s full-time MBA program #17 in the U.S. The school’s part-time MBA program is also ranked among the nation’s best and is annually rated No. 1 in the Washington, D.C. – Baltimore region by U.S. News & World Report.

Download Smith Business Magazine, Spring 2006

PDF format, 5.9MB, 36Pages.

Cover Story
MAKING THE BIG SCHOOL SMALL
The Smith School is reinventing undergraduate business education with an innovative new program.

Alumni Profile
BIG MONEY IN THE BIG CITY
DAVID TRONE (CS ’88), MBA ’95
A Smith alumnus brings his insight and integrity to the world of finance.

Read Smith Business Magazine, Spring 2006 Online

The Power of Your Support

You can’t page through this issue of Smith Business without seeing the remarkable impact of our alumni, friends and corporate supporters. In our cover article, Making the Big School Small, we outline an ambitious initiative that I believe will enable the Smith School to deliver the very best undergraduate business program on earth. However, the Undergraduate Fellows Program wouldn’t be possible without significant alumni funding.

Smith is a public school, yet we must operate more like a private institution, pursuing revenue-generating entrepreneurial activities and growing our endowment funds. Not long ago, nearly all of the school’s budget came from the state.Today our budget has more than tripled, but state support accounts for just 10 percent of Smith’s total funding.While we have made progress in growing our endowment, it is about a third of those of comparable public business schools and a small fraction of those of the major privates.

Your support allows us to attract best-inclass new faculty.The recent appointment of Pete Kyle as the Charles E. Smith Chair in Finance (page 4) is a great case in point.

World-renowned for his contributions to the field of finance, Pete brings considerable intellectual vigor to the Smith School. Our faculty research creates the knowledge that shapes best business practices for the networked global economy, building and sustaining our reputation as an internationally significant research institution.We must continue to establish endowed chairs and research professorships to attract and retain the best teachers and thinkers in the world.

Your gifts have a direct and vital impact on our students. Scholarships open the doors of opportunity to some of the best and brightest Smith students, such as Foday Sackor, recipient of a Chevy Chase Bank scholarship (page 20).Your support also makes possible the learning, research and innovation that takes place every day in the classrooms and laboratories of Van Munching Hall.This summer we break ground on a 38,000- square-foot annex to the building (page 25).

So far we’ve raised more than $8 million in private donations for this project, but we need to raise considerably more to have the kind of facility our students and faculty deserve.This is an exciting project that will help us maintain a superb research and teaching environment for the Smith community— an important part of our mission.

Your support creates new opportunities and enables us to provide top-quality education, conduct world-class research and improve our state-of-the-art facility. In turn, the Smith School creates the knowledge that changes business practice—and graduates business leaders who are changing the world.Thank you for investing in the Smith School. I see the power of your support every day.

HOWARD FRANK, DEAN

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