Navigation Close Maharishi Universityof Management

MBA students must complete a total of 60 semester-hour credits, consisting of:

  • 18 credits to fulfill the MBA Foundation requirement
  • 42 credits in specialization, concentration, Consciousness-Based Education requirements, and elective courses, as follows.

Consciousness-Based Education Requirement (4 credits)
To graduate with an MBA, students must successfully complete all general requirements for a master’s degree, including

  • Introductory course FOR 500 Science of Creative Intelligence (2-4 credits) in the first semester at MUM. or its equivalent in STC 508 Science and Technology of Consciousness
  • One Forest Academy course (1-2 credits, designated FOR in the catalog) in each subsequent semester.

MBA Foundation Requirement (18 credits)
As a preparation for meeting the requirement of a specialization or several concentrations, each MBA student must demonstrate a basic competence in the foundational fields of business. This is demonstrated by having a total of 18 credits earned by taking at least 2 semester-hour credits in each of five of the following seven fields:

  • Marketing
  • Accounting
  • Financial management
  • Business law and ethics
  • Leadership, the management of people or organizations
  • Management of operations or quality
  • Sustainable business.

Students may fulfill the MBA Foundation Requirement in whole or in part by having completed equivalent undergraduate course work at an accredited university and earned a grade of at least B.


MBA Depth Requirement: Specialization or Concentrations (16-18 credits)

  • All MBA students in the Standard Format must complete either a specialization or three concentrations. A specialization is a depth of study in one cross-functional field consisting of at least 16 credits.
  • Examples of specialization topics are business process improvement, sustainable business, entrepreneurship, accounting, international business, public management, or industry-specific focuses such as communications & media, telecommunications, health care administration, and so on.
  • Each specialization must include a seminar or capstone course in which there is a substantial requirement of research and writing. Specializations will be noted on the student’s transcript and diploma. Examples of several specialization options are shown below.

 

Specialization Courses in Sustainable Business

MGT 5010 Organizational Change for Sustainability (2–4 credits)

Creating an Ideal Society 


Leadership means accomplishing through others. Implementing successful change in organizations requires process skills in facilitating the performance of individuals and teams. The development of coherence in the collective consciousness of the organization provides for frictionless flow of communication and implementation. Topics include change management skills; life cycle of the consulting process; motivation for performance improvement; individual, interpersonal and team behavior; negotiating collaborative solutions; organizational learning; and the role of training in strategy implementation. Prerequisite: one course in HR or OB (2–4 credits)

MGT 5165 Metrics for Sustainability (2–4 credits)

Attention Enlivens Action in Accord With Natural Law


The new goal of sustainability requires new metrics for measuring and reporting its achievement. This course reviews measures used in “triple bottom line” reporting, where financial performance is evaluated along side of measures of employee health and wellness, corporate social responsibility, and greenhouse gas emissions. Also covered are standards for product ecolabels, “green” buildings, and sustainable organizations. (2–4 credits)

MGT 5310 Sustainable Technologies (2–4 credits)

Manifesting the Channels of Wholeness


Students explore the rapidly growing field of emerging technologies for renewable energy, transportation, construction, and waste treatment—in order to select one that they will go deeply into during their capstone project. (4 credits) Prerequisite: MGT 350

MGT 5313 Socially and Environmentally Responsible Management (2–4 credits)

Developing Inner Intelligence to Promote Socially Responsible Action


An increasing number of organizations are concerned about social and environmental responsibilities in the context of sustainable development, and are interested in developing tools to improve their performance and accountability in these areas. This course introduces students to these issues with emphasis on current research in these fields. The key to sustainable progress is to align individual and collective consciousness with total Natural Law available in the Self of everyone. Topics include business ethics, stakeholder influences, corporate social responsibility, environmental management, natural capitalism, triple bottom line reporting. (2–4 credits)

MGT 5314 Modeling Sustainable Technologies (2 credits)

Knowledge is the Basis of Action


Any business proposal involving sustainable technologies must analyze the performance and economics of the technology. This course trains the student in the use of software tools, such as RETscreen for modeling sustainable technologies. (2 credits) Prerequisite: MGT 5310

MGT 5681 Socially Responsible Investing (2–4 credits)

Fulfilling Individual and Societal Needs


Socially responsible investing screens companies according to their industry and operational practices, looking for the businesses that will be sustainable in the long run. This introductory course reviews the basics of investment analysis, examines the philosophy that money is colored by how it is earned, and reviews the practices and performance of socially responsible investment funds. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 or MGT 5502.

MGT 5682 Green Investing (2–4 credits)

Guiding Resources Toward Sustainable Business


This course trains an aspiring financial advisor or financial analyst in the methods of research and analysis used to invest in the sustainability sector and to create “green” financial products and services. Topics include the demand for green financial services, sustainability analysis for securities, screening for green mutual funds, and analysis and use of green ETFs and green derivatives. Course participants will develop a green investment portfolio or a green financial solution. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 or MGT 5502

MGT 5881 Sustainable Community Development (2–4 credits)

Building a Whole that is More Than the Sum of Its Parts


The aspiration of individuals to meet present needs without compromising the ability of future generations to meet their needs is most effectively undertaken on the community level. This course will focus on how to foster sustainable communities through public policy, corporate citizenship, economic development, and social marketing. As part of the course, students will prepare and give presentations to local community leaders to inspire and help them take action. (2-4 credits) Prerequisite: MGT 382.

MGT 5312 MBA Capstone Project (2–4 credits)

Integrating the Knowledge and Skills of Sustainable Business


Students will be guided by faculty in the development of a complete business plan for launching and/or running a sustainable business of their choice. The project will include sufficient real data to allow students to secure the funding and other resources for implementing the model that they develop. (4 credits) Co-requisite: 12 credits in sustainable business and consent of the instructor

Specialization Courses in Business Process Improvement

MGT 5180 Operations Management (2-4 credits)

Managing an Organization’s Inputs, Transformations, and Outputs to Structure Automation in Administration 


Operations management is concerned with the process of transforming inputs into higher-value outputs with maximum efficiency. Topics include process design; quality management and control; lean production; supplier certification; capacity planning, facilities, and scheduling; and inventory management including materials requirements planning. Students research facility and personnel requirements, along with production and delivery plans including milestone dates for their business plan. (2-4 credits) Prerequisite: MATH 153

MGT 5240 Statistics for Business Process Improvement (4 credits)

Knowledge has Organizing Power


Students will learn key principles of data analysis and statistical thinking that underlie contemporary management approaches to improving business performance and quality through business process improvement, such as the Six Sigma and Lean Six Sigma system employed by leading companies worldwide. Topics include: review of one- and two-sample hypothesis tests for means and proportions, quantifying process performance using process capability analysis, statistical process control, modeling relationships between process variables using bivariate and multiple regression, and introduction to two-level factorial experiments for improving business performance. (4 credits) Prerequisite: MATH 153 and MGT 5170 or equivalent.

MGT 5020 Business Process Improvement (4 credits)

Business Activity in Accord with Nature’s Law of Least Action 


This course covers the theory and practice of performance improvement in both large and small organizations in the manufacturing and service sectors so that they operate in accordance with all the laws of nature. The focus will be on using lean thinking to transform every activity in an organization towards sustainable operations. Students will explore how to extend the principles, rules and tools of lean thinking to achieve sustainability along with the improvement in quality, reduction of costs, and maintenance of customer delight. The course uses a combination of interactive classroom instruction and project-based learning. Students learn how to align operations along the value stream in any organization, how to improve efficiency, enliven creativity, and so achieve real sustainability. They will understand how to structure ongoing incremental improvement so that performance improvement becomes part of the shift to sustainability. (4 credits) Prerequisites: MGT 5180 and MGT 5240.

MGT 5090 Performance Improvement Project (4 credits)

Business Activity in Accord with Nature’s Law of Least Action


Students will learn the practical and managerial skills for implementing sustainability through value based process improvement in both large and small organizations. The course is based around implementing Lean Thinking in real world situations. Students will act as junior consultants under the guidance of experienced faculty. They will learn to define value from the perspective of all the stakeholders, how to map value streams, identify waste, and facilitate Kaizen-based process improvement events. They will assist with all aspects of policy deployment, which ensures that the ongoing process improvement reflects strategic business objectives while shifting the organization towards full sustainability. (4 credits) Prerequisite: MGT 5020

Specialization Courses in Accounting

MGT 5150 Financial Accounting (4 credits)

Using the Self-Referral Mechanism of Financial Statements to Structure an Organization’s Progress and Prosperity


Accounting systems provide financial information to guide management planning, decision-making, and control. Financial statements show the current standing and recent activities of the firm to management, stockholders, creditors, and the government. Topics include the fundamentals of bookkeeping and generally accepted accounting principles applied to inventory valuation, receivables and payables, depreciation of physical assets, amortization of loans, and stocks and bonds, with implications for the interpretation and analysis of financial statements. (2–4 credits) Prerequisite: MATH 153

MGT 5160 Managerial Accounting (4 credits)

Creating Self-Referral Feedback Mechanisms to Provide Data for Informed Decision-Making


This course provides analytic tools and techniques to assist management in planning, decision-making, and control. Topics include cost-volume-profit analysis, manufacturing costs, job order and process costing, standard costing and variance analysis, variable and full costing, fixed and flexible budgets, responsibility accounting, direct and absorption costing, and the behavioral implications of management accounting systems. (2–4 credits) Prerequisites: MGT 5150

MGT 5141 Intermediate Accounting I (4 credits)

Developing Broad Comprehension of Accounting Principles and Sharp Focus in their Application for an Accurate Financial Statement


This course sequence provides a technical analysis of how generally accepted accounting principles (GAAP) are applied in the presentation of published financial statements. The interplay of government, the accounting profession, and the conceptual framework of accounting at the basis of formulating GAAP demonstrate how collective consciousness interacts within itself to create steps of social evolution. References are made to technical statements and pronouncements that are the sources of GAAP, covering a variety of specific topics such as accounting for leases, pensions, and inter-period income tax. (4 credits) Prerequisite: MGT 5150

MGT 5142 Intermediate Accounting II (4 credits)

Developing Broad Comprehension of Accounting Principles and Sharp Focus in their Application for an Accurate Financial Statement

This course sequence provides a technical analysis of how generally accepted accounting principles (GAAP) are applied in the presentation of published financial statements. The interplay of government, the accounting profession, and the conceptual framework of accounting at the basis of formulating GAAP demonstrate how collective consciousness interacts within itself to create steps of social evolution. References are made to technical statements and pronouncements that are the sources of GAAP, covering a variety of specific topics such as accounting for leases, pensions, and inter-period income tax. (4 credits) Prerequisite: MGT 5141

MGT 5152 Auditing for Financial Accountants--CPA Review (4 credits)

Utilizing the Principle of the Second Element to Verify Financial Statements


As independent auditors, CPAs verify the fairness of corporate financial statements and thereby enhance the confidence of those making investment decisions. Auditors play the role of the Second Element by dispelling doubts about the truthfulness of financial statements. Topics include audit engagement planning, verification and testing of internal controls, and evidence sampling, collection and testing. In addition, the various types of audit report formats are examined. Topics covered in CPA Exam Part 2. (4 credits) Prerequisite: Intermediate Accounting I & II (MGT 5141 & 5142)

MGT 5131 Taxation (2 credits)

Calculating Individual and Corporate Contributions to Government Activities to Bring Fulfillment to the Goals of Society


State and federal taxation are instruments of social policy. The principles of taxation must be considered in the planning and decision-making process of every organization whether profit or nonprofit. This course surveys basic tax concepts and their use in individual and organizational tax planning. Topics include social policy implications of taxation, concepts of income, tax reporting, taxpaying entities, deductions, property transactions, and gain or loss recognition. Students explore this course in the light of the relationships between man-made, national laws and the eternal principles of Natural Law that underlie them. (2-4 credits)

MGT 5852 Lean Accounting Transformation (2 credits)

Transforming the Flow of Information Using Nature’s Principle of Least Action


As Lean Management techniques sweep the world, accountants are asked to prepare reports and support decision-making utilizing a new set of reporting tools. In this course, students begin with an intensive review of traditional management accounting topics (including cost-volume-profit analysis, variable costing, incremental analysis, and responsibility accounting) each of which are foundational for Lean Accounting. Through case studies, guest lectures, articles, and field trips, students will explore how to: (a) support Lean Management transformation by preparing reports that will facilitate analysis and decision-making, and (b) implement Lean Management techniques to improve internal accounting services. Additional lectures cover contemporary topics in financial accounting including Sarbanes-Oxley Act, US payroll accounting, and US-GAAP. (4 credits) Prerequisite: MGT 5142

MGT 5859 US and International Accounting Practices (2 credits)

Order is Basis of Success


In this course for experienced international accountants, important topics are covered to orient accounting professionals to the USA workplace. Students learn the US-GAAP procedures for accounting for payrolls, uncollectible accounts receivable, marketable securities, periodic and perpetual inventories. Additional topics include preparation of financial statements, provisions of Sarbanes Oxley Act, convergence issues regarding IFRS, financial ratios for investments, and foundations of strategic planning. Students begin a comprehensive review of managerial and cost accounting. By examining the rules and regulations for economic order in the USA, students appreciate the framework for building their professional success. (2 credits)

Self-Designed Specialization 
A student may petition the MBA program director to have a self-designed specialization that may include regular course work, directed study, and internship credits totaling 16 units.

concentration is a depth of study in an area of business, typically in one of the business functions, beyond that which is covered in the Foundation Requirement. MBA students may fulfill the Depth Requirement by taking three concentrations of at least 6 credits each. With the prior approval of the MBA program director, MGT 5980 Internship (2 credits) may apply to any concentration according to the subject of the internship report. 

A concentration may be taken from any of the Specialization areas listed above. Other concentrations include the following:

Concentration Courses in Marketing

MGT 5730 Advertising (2–4 credits)

The Flow of Information from Producer to Buyer

 
This course explores the approaches to effective advertising necessary to achieve sales and market share objectives. Topics include review of consumer behavior and buying patterns, differences between individual and corporate buying, defining objectives, expenditure analysis, media selection; and the design, management, and evaluation of advertising programs. (2–4 credits). Prerequisite: MGT 378.

MGT 5740 Marketing Research (4 credits)

Using Data Analysis to Identify Trends in Collective Consciousness and Assess Support for New Business Ideas


Market research is the first activity that should be conducted when contemplating a new business or governmental activity. It is the means for refining an initial idea to a concept that is maximally supportable by the environment. The course covers specification of information needs, research design methods, sources of marketing information, analyzing and interpreting data, and developing evaluation and feedback systems. (2–4 credits) Prerequisite: MGT 378

MGT 5750 Internet Marketing (2–4 credits)

This course presents the core aspects of marketing online, including usability oriented site architectures, pay per click campaigns, search engine optimization, social media and content strategies. Students develop a working website to demonstrate mastery of these concepts. (2–4 credits) Prerequisite: MGT 378 or MGT 5780

MGT 5751 Analytics for Internet Marketing (2–4 credits)

Web analytics is a process that extracts useful business intelligence from data about customer behavior on the Internet. In this course, you learn how to use industry-standard analytics tools to both measure return on investment and make adjustments to online presentations in order to maximize success in achieving key performance goals. (2-4 credits) Prerequisite: MGT 5750

Concentration Courses in Financial Management

MGT 5310 Sustainable Technologies (2 credits)

Manifesting the Channels of Wholeness


Students explore the rapidly growing field of emerging technologies for renewable energy, transportation, construction, and waste treatment—in order to select one that they will go deeply into during their capstone project. (4 credits) Prerequisite: MGT 350

MGT 5510 Corporate Finance (2-4 credits)

Source, Course, and Goal of Knowledge


This course is one of the capstone options for the Sustainable Business specialization. Students read on a subject of their choice under the guidance of the professor and present the results of their research orally to the class in stages during the course and in a final written report to the professor. (4 credits) Prerequisite: 12 credits in sustainable business and consent of the instructor

MGT 5620 International Finance (2-4 credits)

Maintaining Cultural Integrity While Promoting Global Prosperity through the International Monetary System and Foreign Exchange Markets 


This course provides an introduction to the theory and practice of financial management in an international context. Topics include the international monetary system, the foreign exchange market, forecasting foreign exchange rates, management of foreign exchange exposure, international investment, and political risk management. (4 credits) Prerequisite: MGT 5500.

MGT 5681 Socially Responsible Investing (2-4 credits)

Fulfilling Individual and Societal Needs


Socially responsible investing screens companies according to their industry and operational practices, looking for the businesses that will be sustainable in the long run. This introductory course reviews the basics of investment analysis, examines the philosophy that money is colored by how it is earned, and reviews the practices and performance of socially responsible investment funds. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 or MGT 5502.

MGT 5682 Green Investing (2 credits)

Guiding Resources Toward Sustainable Business


This course trains an aspiring financial advisor or financial analyst in the methods of research and analysis used to invest in the sustainability sector and to create “green” financial products and services. Topics include the demand for green financial services, sustainability analysis for securities, screening for green mutual funds, and analysis and use of green ETFs and green derivatives. Course participants will develop a green investment portfolio or a green financial solution. (2–4 credits) Prerequisite: MGT 350 or MGT 5500 or MGT 5502

Concentration Courses in International Business

MGT 5620 International Finance (2-4 credits)

Maintaining Cultural Integrity While Promoting Global Prosperity through the International Monetary System and Foreign Exchange Markets 


This course provides an introduction to the theory and practice of financial management in an international context. Topics include the international monetary system, the foreign exchange market, forecasting foreign exchange rates, management of foreign exchange exposure, international investment, and political risk management. (4 credits) Prerequisite: MGT 5500.

MGT 5690 International Business (2-4 credits)

Broad Comprehension and Fine Focus to Think Globally and Act Locally


This course explores the issues of marketing, finance, and management as they exist in the international business environment for both a multinational corporation and single businessperson. Differences between business practice in the U.S. and abroad are explored where those differences affect business objectives. Cultural, economic, governmental, and demographic issues are studied through lectures and cases. (2–4 credits) Prerequisite: MBA standing.

MGT 5790 International Marketing (2-4 credits)

Expanding the Range of One’s Influence


This course examines the development of international marketing programs, from the determination of objectives and evaluation of international market opportunities through the coordination of strategies in world markets. It emphasizes the application of basic marketing principles in the global environment, the extent of standardization of marketing programs across several countries, and the selection of appropriate entry strategies for foreign markets (2–4 credits) Prerequisite: MGT 378

MGT 5830 Mediation and Negotiation (2-4 credits)

Utilizing the Deepest Principles of Human Nature to Create Win-Win Solutions 


This course is a survey of negotiation, mediation, and arbitration methods of resolving disputes without litigation in the public as well as private sectors. Students gain practical negotiation skills through participation in negotiation and mediation workshops and the analysis of case studies. Topics include understanding the perspective of other parties, analyzing the structure of negotiations, building a productive framework for negotiation, defining objectives and strategy, framing proposals, and finding “win/win” solutions. (2–4 credits)

MGT 5859 US and International Accounting Practices (2-4 credits)

Order is Basis of Success


In this course for experienced international accountants, important topics are covered to orient accounting professionals to the USA workplace. Students learn the US-GAAP procedures for accounting for payrolls, uncollectible accounts receivable, marketable securities, periodic and perpetual inventories. Additional topics include preparation of financial statements, provisions of Sarbanes Oxley Act, convergence issues regarding IFRS, financial ratios for investments, and foundations of strategic planning. Students begin a comprehensive review of managerial and cost accounting. By examining the rules and regulations for economic order in the USA, students appreciate the framework for building their professional success. (2 credits)



Electives
Elective courses may be taken from any concentration offered by the department. With the permission of the department chair, a maximum of 8 elective credits may be taken as courses designated 400-level or above in other departments of the University or as 300- or 400-level courses in Sustainable Living. MBA students who take undergraduate courses will be required to do extra work commensurate with graduate-level credit.



Transfer Credit
Students who have taken graduate course work in business administration at another university and have not used those credits for a degree may apply to have those credits transferred to MUM and used as specialization, concentration or elective credits, up to a maximum of 20 credits.

The above information is subject to change any time. Students already enrolled at the University should contact the graduation director for their degree requirements. The content of this page was reviewed in August 2012. 



General Degree Requirements  (Back to top of page)

Completion of FOR 500 Science of Creative Intelligence or STC 508 Science and Technology of Consciousness, plus an additional Forest Academy for each semester in which the student is enrolled for at least 4 blocks

  • Students in one-year programs may not miss any Forest Academies.
  • Students in 1 1/2 -year or longer programs are allowed to miss one Forest Academy during their master’s degree program.
  • Students in nonstandard programs may have different Forest Academy requirements.

Forest Academies

A Forest Academy is a two-week period of study of particular themes of Vedic Science, where students will explore, through direct experience and understanding, the most vital element in creation — the field of pure consciousness that is the inner intelligence at the basis of every individual and the entire universe.

Students are enrolled for one Forest Academy each semester, if they are enrolled for at least 4 blocks of classes. Students enrolled one year or less may not miss any Forest Academies. Students enrolled 1 1/2 years or longer may miss one Forest Academy. Forest Academy course descriptions

Development of Consciousness (DC) Courses

Completion of each semester’s Development of Consciousness course with a grade of P or H. Students are automatically enrolled in DC 520 or DC 535 for each semester they are enrolled.

Instructional Grade Point Average (GPA)

Cumulative instructional GPA of 3.0 or higher

Program Requirements

Requirements for a program of study, which may include completion of one of the following:

  • Thesis with an oral examination. When a thesis is part of the planned program, students consult with the department in the selection of a faculty member who is willing and able to direct the research and the writing of the thesis. The director may or may not be the original departmental academic advisor.
  • Comprehensive examination. The comprehensive examination for the master’s degree may be in the form of a written or oral examination. The date for the examination is scheduled by the department. The student must be registered during the term in which the examination is taken.
  • Integrative final project with an oral presentation

The above information is subject to change any time. Students already enrolled at the University should contact the graduation director for their degree requirements. The content of this page was reviewed in September 2008.

happy students

Experience MUM

Join our visitors weekend and open up a new world of possibilities

Visit
Us

Have Questions?

Contact Us

Call Today