University of Maryland Opens Business School Campus at Baltimore Peninsula

New location aims to bring more business and jobs to the city

Apr. 15, 2026 at 8:51pm

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A minimalist studio still life photograph featuring a stack of business textbooks, a laptop, and a coffee mug arranged on a clean, white background, symbolizing the academic and practical focus of the new University of Maryland business school campus.The new University of Maryland business school campus aims to provide students with a hands-on, problem-solving education to address the challenges of the modern economy.Baltimore Today

The University of Maryland celebrated the opening of a new campus for its Robert H. Smith School of Business at the Baltimore Peninsula. Under Armour CEO Kevin Plank, a Smith School alumnus, joined the school's dean, Prabhudev Konana, to cut the ribbon on the new facility.

Why it matters

The new business school campus is part of a broader effort to attract more businesses and jobs to Baltimore. With the rise of AI, supply chain issues, and other economic uncertainties, the school aims to train the next generation of business leaders equipped to navigate these challenges.

The details

The new campus will host dozens of students each semester, moving away from the traditional lecture format. Instead, students will bring real-world business problems to professors to learn how to address them.

  • The University of Maryland celebrated the opening of the new campus on April 15, 2026.

The players

Kevin Plank

CEO of Under Armour and a graduate of the University of Maryland's Robert H. Smith School of Business.

Prabhudev Konana

Dean of the University of Maryland's Robert H. Smith School of Business.

University of Maryland

A public research university located in College Park, Maryland, and home to the Robert H. Smith School of Business.

Robert H. Smith School of Business

The business school at the University of Maryland, offering undergraduate, graduate, and executive education programs.

Baltimore Peninsula

A mixed-use development project in Baltimore, Maryland, that includes the new location for the University of Maryland's business school campus.

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What they’re saying

“With AI coming in with the total supply chain chaos, currency issues, tech issues, people need to be trained to be leaders in this economy. How do you manage under this massive uncertainty? We need to be closer to where the jobs are and to attract new jobs, and that's why it is exciting.”

— Prabhudev Konana, Dean, Robert H. Smith School of Business

What’s next

The new business school campus is expected to welcome its first cohort of students in the fall of 2026, with plans to expand the program and enrollment in the coming years.

The takeaway

The University of Maryland's decision to open a new business school campus at the Baltimore Peninsula reflects a broader trend of universities partnering with local communities to drive economic development and provide practical, real-world education to students. This move aims to position Baltimore as a hub for business innovation and talent development.