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Record number of students arrive for Accounting Professionals MBA Programme at Maharishi University of Management

The M.U.M. Review
Maharishi University of Management, Iowa, USA
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4 March 2008

A record number of students arrived from nine different countries last month to enroll in the Accounting Professionals Program, boosting overall enrollment in that program to 167 students.

'I'm delighted with the growing success of the program,' says Dr. Andy Bargerstock, director of the program. 'Our students have been successful in the classroom, in their curricular practical training work assignments, and in their distance education courses.'

Nineteen of the new students are from Ethiopia, 18 come from Nepal, 7 from India, and 5 from the Philippines. Other countries represented are Cambodia, Cameroon, Indonesia, Kenya, and Singapore.

According to Karen Slowick, program administrator, the rapidly increasing enrollment is due to effective Internet marketing, word of mouth, and the efforts of legal counsel Bill Goldstein, who has worked on relationships with consulates at the U.S. embassies.

Modeled after the Computer Professionals Program, students in this M.B.A. program spend six-and-a-half months on campus, and then finish their degree via distance education over a two-year period while working in paid positions at companies and non-governmental nonprofit organizations around the country. Annual salaries during this curricular practical training normally range from $35,000 to $75,000 with an average of $51,000.

The program began admitting students in fall 2005. Students accepted into the Accounting Professionals M.B.A. Program possess at least two years of work experience in accounting. In addition to general M.B.A. skills, the program prepares students to take the exam for Certified Management Accounting (C.M.A.), an internationally recognized credential, or Certified Public Accountancy (C.P.A.).

'We put considerable attention in the admissions process to attract highly qualified students with significant educational and professional experience in accounting before they come to Maharishi University of Management,' Dr. Bargerstock said. 'I personally interview and evaluate all incoming students. It is so satisfying to see the growing confidence they develop due to the on-campus experience and then to hear of their successes after departing campus.'

The program's unique emphasis is management accounting, instead of financial accounting, and covers areas such as corporate planning, internal controls, and decision-making. Ideally, students graduate with an M.B.A., a C.M.A. or C.P.A., and two years' experience in American business operations.

Ms. Slowick said that now that the program has been going for two years — and students have found it to be an excellent opportunity for education and advancement — the current students are sharing their enthusiasm with those in their home country, helping to stimulate greater interest abroad.

For more information on the program, go to

Copyright © 2008, Maharishi University of Management

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