In May, the University of Maryland’s Robert H. Smith School of Business received a $437,860 grant from the Robert H. Smith School of Business Foundation.The grant represents roughly 4% of the foundation’s assets managed by the Smith School’s student investment funds—the Mayer, Senbet and Global Equity funds. Collectively, the funds currently manage approximately $11.5 million in assets.

Reddit featured UMD professors Clifford Rossi and Tim Canty in a "climate finance" Ask Me Anything session, highlighting their collaboration in climate finance education and their new MS in Climate Finance and Risk Management degree.

New Smith School graduates heard keynote speakers highlight technology’s potential for positive change and shared wisdom on leading a fulfilling life. The ceremony honored 2,074 graduates, emphasizing resilience, the importance of truth, and the power of mentorship and service.

In a notable academic endeavor, students from Smith's Master of Quantitative Finance program undertook an experiential learning project, crafting a model for valuing credit risk transfer (CRT) securities for Freddie Mac. Led by Professor Clifford Rossi, their rigorous methodology and innovative approach signal advancements in mortgage finance.

The Maryland Department of Emergency Management collaborates with the University of Maryland's Robert H. Smith School of Business to develop a Mortgage Climate Risk Analyzer. Led by Professor Clifford Rossi, the tool assesses climate-related risks to homeowners, aiding in disaster preparedness and resiliency efforts.