Best Business Schools in Maryland

By | March 2, 2019

Search top business school MBA programs in the state of Maryland. Find latest rankings of MBA schools national wide and state wide. For detailed admissions statistics and graduate employment rate, check the following table for each top-ranked business college within Maryland, with acceptance rate, average GPA and GMAT scores, as well as well tuition and starting salary information of all best MBA universities in Maryland.

  • The capital city of Maryland is Annapolis, which was established in 1694. With a land area of 6.73 mi2, Annapolis has a total population of 39,174 according to allcitypopulation.

Best Business Schools in Maryland

National Ranking Best Business MBA Programs
46 University of Maryland–College Park (Smith) (College Park, MD)
Acceptance rate: 41.4%
Average GMAT score: 661
Average undergraduate GPA: 3.31
Tuition: In-state, full-time: $38,475 per year; Out-of-state, full-time: $47,448 per year
Enrollment (full-time): 261
Average starting salary and bonus: $99,694
Full-time graduates employed at graduation: 45.6%University of Maryland--College Park Business School

Early History of Maryland

It is believed that people lived in Maryland for about 12,000 years ago. The main occupations of the Indians were hunting, fishing and, to a lesser extent, agriculture. By the time the European colonization of America began, the Algonquian peoples Nantikouk (on the eastern shore of the Chesapeake Bay), Piscataway (in the area of modern Baltimore and Washington) and Shawnee (in the west) lived here.

In 1524, the Italian Giovanni da Verrazano sailed along the Atlantic coast of America from North Carolina to Rhode Island, but he did not notice the entrance to the Chesapeake Bay.

In 1608, Captain John Smith, one of the leaders of the English colony of Virginia, was the first European to explore the coast of the Chesapeake Bay. The maps and descriptions of the area created by John Smith later played a crucial role in the development of the region.

In 1629, George Calvert, 1st Baron Baltimore, turned to the English King Charles 1 with a request to grant him the rights to create a new colony in America, located north of Virginia. Calvert, who was previously Secretary of State of England and became a baron after receiving the estate of Baltimore in Ireland from the king, already had experience in organizing a settlement in America, though not very unsuccessful. Back in 1621, he founded the Avalon colony on the island of Newfoundland, but because of the harsh climate, it did not develop and Calvert wanted to settle further south, where natural conditions were better suited for agriculture. In 1625, Calvert resigned and converted to Catholicism. One of the goals that he pursued in founding a new colony was the desire to create a safe haven for English Catholics across the ocean.

George Calvert died in April 1632, but his work was continued by his eldest son, the second Baron Baltimore Cecilius (Cecil) Calvert (it was in his honor that the city of Baltimore was later named). In June 1632, only five weeks after his father’s death, he received a patent to establish a new colony named after Queen Henrietta Maria. In November 1633, the first two ships with settlers, led by Cecil’s younger brother, Leonard Calvert, set off for America, and on March 25, 1634, the colonists landed on St. Clement’s Island (this day is celebrated in our time as “Maryland Day”).

The first capital of Maryland was the city of St. Mary City, built on the western shore of the Chesapeake Bay on land bought from the Indians (in general, the residents of the new colony tried to maintain good neighborly relations with the indigenous peoples in those years).