Contact Information

General Contact

Admissions Office

Financial Aid Office

ACCEPTANCE RATE

81.13%

FINANCIAL AID RATE

100%

STUDENT TEACHER RATIO

10:1

DEGREE OFFERED ONLINE

18

FINANCIAL AID AWARD AVG.

$17,081

Average Grants + Scholarship Aid Awarded to Undergraduate Students

Percent of Full-Time Undergraduates Receiving Financial Aid

Percent of Students Paying In-State Tuition vs Out-of-State Tuition

School Map

Business Administration Degree

The business administration program at Maharishi University of Management prepares students for careers in education, government, private business and retail. The program focuses on planning, organizing, directing, and controlling the functions and processes of a firm or organization. Program courses include: management theory, humor resources management and behavior, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making. Get more details below including other Iowa colleges that offer business administration degrees.

Learn more by requesting information now!

Maharishi University of Management

Also known as Luther Norse

700 College Drive, Decorah, IA

Maharishi University of Management is a nonprofit private college that has a fair number of programs available for students to choose from. The school is located in Fairfield, IA, in a predominantly rural area. Approximately a thousand students enroll at Maharishi University of Management yearly.

Here is a list of some of the popular programs Maharishi University of Management offers:

  • Computer Science
  • Business Administration
  • Accounting and Business and Management
  • Liberal Arts
  • Communication and Media Studies

To be considered for admissions, applicants may be asked to fill out an application, provide letters of recommendations, and submit high school records and test scores, which are then studied by the admissions staff. 41% of those who apply are accepted to Maharishi University of Management, of which 73 percent choose to attend. More information from the admissions office can be found at mum.edu.

Undergraduate tuition is approximately $27,000 per year, though it may vary based on different types of circumstances. Students may visit the school's price of attendance calculator to find what your personalized cost of attendance would be. The cost of on-campus housing is estimated to be $3,100 annually. Some students at Maharishi University of Management may qualify for financial aid, which is typically offered in the form of loans, grants, scholarships and work study programs.

Students who would like to see more about this school can take a look at their website at www.mum.edu.

Students Enrolled in the Business Administration Program

Get more details below regarding enrollment, academics, and school demographics. Luther Norse has offered the following degree levels for students:

  • Less Than One Year Certificate
  • Bachelor's Degree
  • Master's Degree
  • Doctorate Degree

Students by Academic Level (2019)

 Graduates
Less Than One Year Certificate0
Bachelor's Degree63
Master's Degree13
Doctorate Degree3

Students by Gender (2019)

 Graduates
Male28
Female51

Students by Race (2019)

 Graduates
Black2
Hispanic1
White8
Non Resident Alien7
Unknown61

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Students who have completed the Business Administration program at Luther Norse, have entered into some of these more popular career paths listed below:

Chief Executives

Description

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

Career Outlook & Projections ()

According to the BLS, chief executives employment is expected to shrink at a rate of -1.2% from 2014 to 2024

General and Operations Managers

Description

Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.

Career Outlook & Projections ()

According to the BLS, general and operations managers employment is expected to grow at a rate of 7.1% from 2014 to 2024

Sales Managers

Description

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

Career Outlook & Projections ()

According to the BLS, sales managers employment is expected to grow at a rate of 5.1% from 2014 to 2024

Administrative Services Managers

Description

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, facilities planning and maintenance, custodial operations, and other office support services.

Career Outlook & Projections ()

According to the BLS, administrative services managers employment is expected to grow at a rate of 8.2% from 2014 to 2024

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).

Admission Requirements & Details

The admission details below may give an overview of the candidates Maharishi University of Management accepts. The details may include admissions application requirements and recommendations, as well as any AP college credits that may be transferred.

College Credits Accepted

  • Dual Credits
  • AP Course Credits
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Academics & Student Services

Student Services

To help support students, Maharishi University of Management may offer services to students like:

  • Online classes
  • Night and weekend classes available
  • Remedial courses
  • Academic counseling for students
  • Employing students to lower education costs
  • Helping students find work after graduation
  • Day care
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