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Business and Economics

The following majors offer students the opportunity to analyze the range of circumstances that shape people's choices and learn how to influence decision making at all levels of business. Explore the options below and visit the department websites for more information.

College of Agriculture and Natural Resources

As an Agricultural and Resource Economics (AREC) student, you will develop critical thinking and analytical skills, be trained in applied economics and have the opportunity to work closely with faculty on real-world applications with important policy implications.

You can choose from three AREC concentrations: Agribusiness; Agricultural and Resource Economics; and Environmental and Resource Economics. Interested students may also consider the Environmental Economics concentration of the Environmental Science and Policy (ENSP) major.

Employers of recent AREC alumni include the U.S. Department of Agriculture, Google, Fidelity Investments, Maryland Public Service Commission, Nature Conservancy and the U.S. Grains Council. As an AREC Terp you'll have the opportunity to pursue graduate school or endless career paths in the public, private and non-profit sectors!

Robert H. Smith School of Business

From personal career coaching to the rare suite of exclusive activities, as a Smith Terp you'll be able to check all the boxes necessary to build your own brand and command your career.

Students in the Smith School can select from the following eight business majors: Accounting, Finance, Information Systems, International Business, Management, Marketing, Operations Management & Business Analytics, or Supply Chain Management. Upper-division programs are offered at the College Park location, as well as the Universities at Shady Grove.

Through these curricula, you'll be prepared to take on the responsibilities and intellectual challenges that a keen business sense requires. You'll develop as a leader, but also have the interpersonal skills to be an invaluable teammate.

* All majors within the Smith School are Limited Enrollment Programs. Speak with your advisor to learn more about gateway requirements and enrollment.

College of Behavioral and Social Sciences

As an Economics major, you will learn how to use models, data and other tools to analyze how individuals and businesses make decisions. This statement may seem very simplistic, but the range of issues and circumstances that influence decision-making are vast and complicated. Employers and many graduate programs often look favorably upon applicants with an economics degree because of the critical thinking skills learned and practiced in the economics field of study. Graduates of our Economics program often pursue a wide range of careers in business, banking and finance, data science, consulting, government, law or international relations.

If you're interested in learning how to interpret economic analysis as applied to different issues and use those interpretations to inform business, government or non-profit organizational decisions, the Bachelor of Arts program could be a great fit for you. Alternatively, if you want to learn how to produce economic analysis, you should consider the Bachelor of Science program.


Terps love a challenge. A problem that needs a solution. A barrier that needs breaking down. You are smart, scrappy and determined. You value diversity, innovation, entrepreneurship and imagination. Ready to start your fearless journey?

Be A Terp


You can only learn so much about a school from a brochure. Even if we tell you how beautiful our campus is, or how fantastic our students and faculty are, you will not know for yourself until you experience it for yourself!

Come try on our campus for size! Stop by one of our top-notch athletic facilities. Have a scoop of homemade ice cream at the Dairy. Rub the nose of one of our beloved Testudo statues for good luck. Get all your questions answered. It won't be hard to picture yourself at home here for the next four years. 

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You've done your research and explored your options, and you know that UMD is the perfect place for you. Now it's time to apply. 

COMMON APP >>   StandOut Admissions Network >>

Freshman applicants can apply using either the Common App or StandOut Admissions Network platforms. At this time, transfer applicants can only apply using StandOut Admissions Network.


Consistently ranked as one of the best values in public higher education, you can rest assured that you will receive an affordable world-class education.

College is a major investment for you and your family. The university is here to help. We offer an array of financial aid programs—including scholarships, grants, loans and student employment—as part of our commitment to making an excellent education affordable.


State of Maryland Residents   Non-Maryland Residents

The University of Maryland has launched a new investment in need-based financial aid, the Terrapin Commitment program, which will provide up to $20 million annually for students from the state of Maryland.

The goal of the Terrapin Commitment program is to reduce the gap between a student’s total financial aid package and the cost of an education. The program will begin in January 2023 and ensures that tuition and fees are fully covered for Pell eligible, in-state students, who are enrolled full time and have unmet financial need. More details can be found on the Office of Student Financial Aid's website.


Congratulations on your admission to the University of Maryland! We are excited to welcome you into our world of fearless ideas.

You’ve received your admission letter, checked out your major and started celebrating with family and friends. To make enrollment official, check out information for newly admitted students to get everything you need to start your academic career at UMD. 

ENROLL (Freshman)    ENROLL (Transfer)