MBA Program Online

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Description

The online MBA is offered in conjunction with the Evening-Weekend MBA program classes given on campus. Courses follow the standard MUM semester calendar beginning in August and January. The program is offered in a cohort model, one course at a time for all students. Students may start at the beginning of any semester. Two-credit courses last 4 weeks, and four-credit courses last 8 weeks.

The degree requirements for the 60-credit MBA program can be fulfilled in six semesters, including two summers as extensions of the spring semesters. Students, who wish to join the on campus MBA with the daytime class schedule, may do so at the beginning of any semester after meeting admissions requirements. …

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Didn't find what you were looking for? See also: Weekend MBA, Evening MBA, Online MBA, Executive MBA, and Part time MBA.

The online MBA is offered in conjunction with the Evening-Weekend MBA program classes given on campus. Courses follow the standard MUM semester calendar beginning in August and January. The program is offered in a cohort model, one course at a time for all students. Students may start at the beginning of any semester. Two-credit courses last 4 weeks, and four-credit courses last 8 weeks.

The degree requirements for the 60-credit MBA program can be fulfilled in six semesters, including two summers as extensions of the spring semesters. Students, who wish to join the on campus MBA with the daytime class schedule, may do so at the beginning of any semester after meeting admissions requirements. All credits from the online MBA will be recognized. 
 
All students begin their first semester with the four-week, 2-credit "Science and Technology of Consciousness (STC)," a foundational course in Consciousness Based Education that explores deep principles for holistic development of body, mind and consciousness. Each of the subsequent semesters begins with a two-week, 1-credit "Forest Academy” in which the faculty lead students in a deeper reflection on business based on the knowledge taught in the STC course. 

Weekly Class Schedule
The Evening-Weekend MBA courses are held on Tuesday and Thursday evenings, 7:30-9:00 pm US Central time and Saturday mornings 10:00-12:00 noon. The class sessions are video-conferenced live via the Internet and are recorded for students whose time zone or work schedule does not permit synchronous participation. Readings and homework account for another 7-10 hours of academic work per week.

Focus on Sustainable Business
The theme for each semester is based on one of the main business functions: marketing, accounting, operations, etc. The semester begins with an introductory course on that theme and ends with a course on sustainable business in the context of that theme. The schedule of courses for the next three years appears at the bottom of this page. Students completing this program will earn the MBA specialization in Sustainable Business.

If you have a business major
If you have an undergraduate degree with a major in business, you may receive waiver credit for any of the seven Foundation areas in which you received a grade of B or higher: Marketing, Accounting, Financial Management, Business Law and Ethics, Operations Management, Human Resource Management, and Sustainable Business. Maximum of 18 credits may be waived.

Admission Requirements for MBA Program    Applicants must have an undergraduate degree. Acceptance is based upon the quality of undergraduate performance, aptitude test scores, work experience and other achievements.

Before enrolling for the first semester of the MBA, students should be familiar with principles of economics, from a prior college course or from reading a Principles of Economics textbook. Knowledge of college algebra is strongly recommended for acceptance into the program. Students who do not have the prerequisite knowledge of mathematics will be required to take MGT 417 Mathematics for Business in a summer session prior to their first semester or as an elective course.

GPA and GMAT
Students with a Bachelor’s degree in Business and accumulative GPA of 3.0 or higher and grades of B or better in the foundational subjects of business (see below),  are eligible for the 1 Year track of the MBA Program.

Students with a Bachelor’s degree in Business and a 2.8 to 3.0 cumulative GPA may also be eligible for the 1 Year MBA Program. Acceptance to the 1 Year track will be determined by the student’s performance in specific business courses at the Bachelor’s level. Students in the 2.8 to 3.0 GPA range who do not qualify for the 1 Year MBA program will be asked to take our 1 ½ Year MBA program.

All students with cumulative GPA’s in the range of 2.5 to 2.8 who are eligible for the MBA program will be asked to enroll in our 1 ½ Year MBA Program.

Students with a cumulative grade point average below 2.5 may also apply to MUM’s MBA program but will be asked to take the International GMAT Standardized test. A score in the 35th percentile or higher in the GMAT is required before any application with a cumulative GPA below 2.5 can be considered for acceptance into the 1 ½ Year MBA Program.

Please note that academic ability is a vital aspect of a student’s application. However, other factors, like recommendations and the desire to participate in Consciousness-Based Education, also play an important part in the process of accepting an application.

The Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) is recommended but not required.

If you have a business major

If you have an undergraduate degree with a major in business, you may receive waiver credit for undergraduate business courses in any of the seven Foundation areas in which you received a grade of B or higher: Marketing, Accounting, Financial Management, Business Law and Ethics, Operations/Quality Management, Human Resource Management, and Sustainable Business. Maximum 18 credits may be waived.  Students taking classes on campus in the daytime schedule could earn their MBA in as little as one year.

The Transcendental Meditation Technique
The MBA program includes the daily practice of the Transcendental Meditation® technique as described on this website. Please make sure you are comfortable with this aspect of the program and intend to participate in it as with any other course required for the degree.

The following sections pertain to international students
All international students must submit official English proficiency test scores (either TOEFL or IELTS) as part of their application. Students who are from Canada, the U.K., Australia or New Zealand are exempt from this requirement. The test must have been taken within the last two years.

Students with scores below 6.5 on IELTS, 575 TOEFL paper-based, 232 TOEFL computer-based, or 90 TOEFL internet-based will be asked to take Intensive English classes before enrolling in degree program classes. Find out more about the TOEFL.

The time spent in Intensive English classes will vary depending on the student’s level of English when they arrive, as well as their motivation and natural ability to acquire a new language. Students at a higher level of English upon arrival may need to take only a semester of Intensive English. Students beginning at a lower level of English should expect to spend 2 or 3 semesters developing their English proficiency to the level required for successful academic study.

International equivalents: Our admissions counselors are familiar with the interpretation of transcripts based on grading systems from most nations. We will evaluate your marks and notify you if you qualify, and if you are required to take the GMAT.

Please note the following points:

  • At least 16 years of education are required (15 years may be considered at the discretion of the University).
  • Bachelor’s degree must be a 4-year degree (a 3-year degree may be considered at the discretion of Maharishi University of Management, particularly when the applicant has additional training or extensive work experience).
  • Undergraduate Cumulative Grade Point Average (GPA) of 3.00 must be equivalent to “B” average in letter grade or higher, based on the USA grading system.

Our recommendation to help you obtain a visa
All international applicants who reside outside the U.S. are encouraged to take the GMAT, regardless of grades and diplomas. A high GMAT score is likely to increase the chances of obtaining an F-1 student visa from the U.S. Embassy. Find out more about the GMAT.

Tuition & Financial Aid 
$35,138 Total yearly charges (tuition, room & board, health insurance, fees) 
$15,024 Typical on-campus financial aid offered by the University (per year) 
$20,114 Minimum on-campus estimated payment to the University (per year) 
$2,000 Personal expenses, books and supplies, emergency expense (per year) 
$22,114 Typical amount I must bring per year (not including the cost of learning the Transcendental Meditation technique)

Important Points 

  1. Students are required to submit a bank statement (or sponsor’s bank statement) as proof of funds. 
  2. There is no additional financial support available from the University. Students are required to show proof of funds to be eligible to apply for this program. 
  3. The cost of instruction in the Transcendental Meditation technique is not included in the program cost shown above. 
  4. At any point in your application your admissions counselor may request an SAT, ACT, GRE or GMAT exam.

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