Request Info > Apply > Visit Us >

Bachelor’s Specialization in Business Administrationonline or on-campus

Start your own business

  • Identify a viable product or business concept
  • Research and evaluate your market’s potential
  • Develop a marketing plan
  • Create a business plan or feasibility study for your own business
  • Design effective advertising for social media
  • Develop your product or concept and learn to present it to investors
  • Start marketing and selling to your customers

Making it easy for transfer students

If you transfer in 60 or more credits, your degree can be completed in as little as four semesters. Transfer students can inquire with their admissions counselor to learn the exact number of credits needed to graduate.


The TM technique as a tool for better mind performance

The “secret sauce” of the program is the Transcendental Meditation® technique, which people like Ray Dalio, founder of the largest hedge fund in the world, and Tim Ferriss, author of The Four-Hour Work Week, use to keep their mind sharp and their emotions in better perspective.

This evidence-based technique has been proven to lower stress, enhance mental clarity, and support overall health. It’s kind of like a “brain laser beam.” After meditating regularly, our students often say that they feel more creative, peaceful, and better able to tackle their studies without the stress typical of a college education.

Get started by contacting Pedro

Pedro Ugalde, admissions counselorPedro Ugalde is this program’s admissions counselor for US students. Pedro will provide you with all the details of becoming a student, including connecting you with program faculty when you have questions.

Contact Pedro >

International applicants may connect with us through our international inquiry form.


Degree requirements

To graduate with a Specialization in Business Administration, students must complete:

Courses for this specialization may include

    The goal of the course is for each participant to identify a business or product idea that they would like to develop into a viable product or company and then develop, write and present a summary of the idea into a Concept Statement. Businesses thrive on creativity. In this course, you will learn how creative thoughts and ideas can be developed into life supporting, sustainable products or services which fulfill needs and contribute to the expansion of happiness in society. This course is a workshop for idea-stage entrepreneurs, coached by the professor, so bring your best ideas to class. (4 credits)
    The sequential transaction processing system of the accounting cycle provides information for both internal and external decision-makers. This course provides a firm basis for any stakeholder to implement “due diligence” in their management, investing, or financing decisions. Topics include: the conceptual framework of accounting; the internal control structure; general use financial statements for external decision makers; and the most useful managerial accounting reports for internal decision makers. (4 credits)
    Law is a tool of progress. It creates the legal form of the business and enables business people to communicate clearly. It facilitates their commercial relationships and averts problems before they arise. Familiarity with business law and the natural laws upon which it is based promotes success for the individual and society. Topics include contracts, torts, agency, bankruptcy, secured transactions and property (real, personal, and intellectual property.) Students learn to select the most appropriate form of organization for their business and draft simple contracts. (4 credits)
    Marketing is the process of creating exchanges that satisfy individual and organizational objectives. Topics include consumer behavior, market research, market segmentation, competitive positioning and strategy, advertising, pricing, distribution, and channel management, selling techniques and sales force management, and new product development. Students conduct industry analysis and write the marketing section for their business plan. (4 credits)
    An understanding of the principles of human behavior at the individual, interpersonal, group, and organizational levels of analysis is critical to successful planning, organizing, and implementation by any manager. This course explores the dynamics of individual and group achievement from the perspectives of both skills and theory. Topics include general management theory, leadership, delegation and coordination, planning and problem solving, organizational structure, and organizational change. (4 credits)
    This course provides a holistic overview of business for new management majors or students from other majors. Principles of marketing, finance, operations, accounting, and human resources are taught in the perspective of an integrated business strategy and are illustrated by lively examples from videos, case studies, guest speakers, and field trips. (4 credits)
    This course reviews the basic assumptions and logic of classical microeconomics and macroeconomics considering their modern critique through sustainability. Specific topics will vary from one offering to the next. However, frequent themes in the course are the social responsibility of business, the importance of local versus global markets, equality of economic opportunity, the distribution of wealth and income, the role of government in the economy, the conservation of natural resources, and the goals of an economic system. (4 credits)
    This course uses economic analysis to understand the market and competitive environment of the entrepreneurial firm. On the consumer side of the industry, we study consumer behavior, the factors that affect consumers’ purchase decisions, strategies for pricing a product, and revenue models for a business. On the competitive side, we study how firms position themselves to compete within an industry, types of competitive strategy, and opportunities for collaboration with firms that offer complementary products or have access to complementary markets. We also use economic analysis to study the cost structure of a business to determine the break-even sales rate. At the completion of this course, students in the Creative Entrepreneur program will write the Industry Analysis section of their business plan. (4 credits)
    Ever increasing globalization makes it imperative that students understand the different cultures in their world. This course provides frameworks useful in classifying cultures and understanding cultural norms and traditions. Analyzing case studies and participating in workshops and presentations enable students to establish patterns of behavior that facilitate cross-cultural communication. (4 credits)
    We explore the modern science of systems leadership both theoretically and experientially. Leadership will be considered behavior by any member of an interconnected social hierarchy, whose behavior helps the group meet its adaptive challenges. Concepts and skills learned will begin to prepare students to envision leadership in organizations ranging from family to small and large professional organizations, to nations. Modern theories will be examined in the light of the Vedic science of leadership. Learning methods will include seminal readings, Socratic discussion, and self-designed leadership experiment projects. A capstone oral presentation will integrate these (4 credits)
    People are an organization’s most important asset. Success comes from organizing and managing people to produce the products and services that customers value. This survey course exposes students to the full array of human resource functions human resource planning, recruitment and selection, training, performance management, compensation, unions, and upholding employer/employee rights and responsibilities. The students become familiar with the role of human resource department staff in designing human resource systems, as well as the critical role line managers and supervisors play in using these systems effectively to attract, retain, and motivate employees. Students also design a comprehensive human resource section for their business plan. (4 credits)
    This project-based class challenges students to employ every ounce of their creativity and
    apply their knowledge to finding solutions to the world’s most challenging problems, whether local or global, in the area of environmental sustainability, education, communications, or business. Each week we will connect with and learn from social entrepreneurs from around the world working in education, mobile technology, community development and so forth, and draw inspiration from their relentless vision and determination. Through the study of innovations in the social sector, we will develop an understanding of core principles and tactics of social change as well as the necessary leadership qualities of social entrepreneurs. Students will work individually or in groups to conceive of a social intervention of their own design. Students will present their plans, models and media to a committee to evaluate the potential of their work to create social change. (4 credits)
    The course has a practical focus on career discovery and implementation. In the framework of Consciousness-Based principles for success, students consider their own skills, abilities, and objectives and learn to design a career that utilizes their talents and creativity for maximum effectiveness, achievement, and evolution. They design an action plan to implement their career goals and then work with the best Internet resources to research occupational interests, business and service organization profiles, and industry trends. Students learn networking strategies, including interviews, and using the telephone and Internet for extending their professional networks. They also develop scripts for introducing themselves and describing their achievements and capabilities with confidence in various formats, writing about themselves in the cover letter, resume, and portfolio, and speaking about themselves and what they can offer to potential colleagues, funding agencies, and employers. (2 credits)
    Financial management provides an intelligent direction to the flow of funds for maximizing firm value. This course introduces techniques and concepts necessary to effectively manage the financial resources of any organization in order to achieve strategic goals. Topics include the time value of money, stock and bond valuation, risk and return, capital investment decisions, analysis of financial statements, financial forecasting, working capital management, the investment banking process, and the sources of funding for a business. Students will develop capital requirements, plan the raising of capital, and develop a cash flow design for their business plan project.  (4 credits)
    This course is a survey of negotiation, mediation, and arbitration methods of resolving disputes without litigation. Students gain practical negotiation skills through workshops and case studies. Topics include: understanding other parties, building a productive framework for negotiation, defining objectives and strategy, framing proposals, and finding “win/win” solutions. (4 credits)
    The ultimate purpose of Internet/Digital Marketing channels/tools in e-business is to elevate the satisfaction of online customers to the highest level. 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. (4 credits)
    This course offers practical experience through work in business administration, public administration, or educational administration. Students maintain journals that record their growth in understanding and experience, as well as their impact on the organization. (variable credits)
    Understanding proper use and common misuses of numbers and graphs can improve thinking and decision-making of all stakeholders of organizations and citizens in modern societies. This course applies basic mathematics and statistics to the analysis and interpretation of real-world quantitative information in the context of business and society. (4 credits)
    In this capstone course of the BA degree in Creative Entrepreneurship, students integrate and apply the knowledge gained throughout their major to create a business plan. Topics include identifying problems and business opportunities, market analysis, execution plan, and financial projection. Students evaluate sample business plans, review and give feedback on classmates’ business plans, and revise and present their own business plans to faculty and mentors. (4 credits)

Featured faculty

Dr. Naghmeh (Melody) SabermajidiDr. Naghmeh (Melody) Sabermajidi is Assistant Professor of Marketing at Maharishi International University.

She holds a PhD in Business, with a particular focus on Social Media Marketing, from Taylor’s University in Malaysia and an MBA with a specialization in Multimedia and Marketing from Multimedia University in Malaysia.

Dr. Naghmeh’s current research focuses on Digital Marketing, Sustainable Marketing, Green Marketing, and Creativity and Innovation in Marketing Strategies through Consciousness-Based Education. She has published her previous research in leading marketing and information technology journals.

Cost & Aid for bachelor’s degree, 2024-25

    US On-Campus Undergraduate

    This estimate is based on one year for a typical on-campus Federal Pell Grant recipient (represents 80% of our onsite undergraduates). File your Free Application for Federal Student Aid (FAFSA) and then contact our financial aid office for questions on variables.

    Annual Cost and Typical Financial Aid
    Tuition and fees$16,530
    Housing (single room) and meals*$7,400
    Grants and Scholarship (typical)-$14,400
    Net cost per year$9,530
    Federal student loans-$9,530
    Your payment$0

    *Applicable only to students living on campus

    Additional Financial Aid Information

    $2,400 Federal Work Study is available toward your estimated $4,800 out of pocket costs.
    Scholarship from MIU described above consists of the Federal Pell Grant and the Federal Supplemental Education Grant and is based on (1) full-time enrollment and (2) financial need based on expected FAFSA outcome.
    Repayment begins after your enrollment ends. Unique repayment plans are available such as income-based, Public Service Loan Forgiveness, and deferments based on low income or unemployment.

    There are a variety of money-saving tax benefits to assist in reducing the cost of education expenses. More about education tax benefits.
    Veterans should contact the VA for information on Veterans Education Benefits. Veterans eligible for BAH monthly benefits: The VA utilizes a scale of credits per block of courses; therefore, the VA sometimes pays part-time benefits for an individual month while the university delivers full-time federal aid for an entire semester. Our Veterans Certifying Official is our Director of Financial Aid.

    Loan Repayment Options

    Payments are a fixed amount that ensures your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).
    Payments may be fixed or graduated and will ensure that your loans are paid off within 25 years.
    Payments are lower at first and then increase, usually every two years, and are for an amount that will ensure your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).
    Your monthly payments will be either 10 or 15 percent of discretionary income (depending on when you received your first loans), but never more than you would have paid under the 10-year Standard Repayment Plan.
    Payments are recalculated each year and are based on your updated income, family size, and the total amount of your Direct Loans. Any outstanding balance will be forgiven if you haven’t repaid your loan in full after 25 years.
    Your monthly payment is based on annual income, but your loan will be paid in full within 15 years.

    Tuition, other fees, scholarships, and financial policies are subject to change prior to the entry date. For more information, contact us at finaid@miu.edu for a quick reply — normally one business day — or see more about financial aid.

    US Online Undergraduate

    This estimate is based on one year for a typical online Federal Pell Grant recipient (represents 70% of our online undergraduates). File your Free Application for Federal Student Aid (FAFSA) and then contact our financial aid office for questions on variables.

    Annual Cost and Typical Financial Aid
    Tuition and fees$16,190
    Grants and scholarship (typical)-$11,400
    Net cost per year$4,790
    Federal student loan-$4,790
    Your payment$0

    Part time online enrollment is available. Tuition is $600 per credit with normal load of 9-11 credits. Federal student loans are available and the federal Pell Grant is proportional to the credit load.

    Additional Financial Aid Information

    The grants and scholarship described above consist of the Federal Pell Grant, the Federal Supplemental Education Grant, and institutional scholarship based on (1) full-time enrollment and (2) financial need determined by the Free Application for Federal Student Aid (FAFSA).
    Many companies offer tuition assistance programs to their employees. If you’re currently employed, we encourage you to check on this. If they offer assistance, please contact MIU’s Financial Aid office.
    Federal Student Loans have limits based on lifetime usage, annual limits, and limited to the educational costs for each semester. Here are the annual maximum limits:

    • $5,500 per year for first-year dependent
    • $6,500 per year for second-year dependent
    • $7,500 per year for third, fourth, fifth-year dependent
    • $9,500 per year for first-year independent
    • $10,500 per year for second-year independent
    • $12,500 per year for third, fourth, fifth-year independent
    Federal Student Loan Repayment is postponed as long as you are enrolled at least half-time each semester. If your enrollment drops below half-time, you have a six-month grace period before repayment begins. There are also postponements for low income and unemployment, as well as repayment based on income and Public Service Forgiveness.

    There are a variety of money-saving tax benefits to assist in reducing the cost of education expenses. More about education tax benefits.
    Veterans should contact the VA for information on Veterans Education Benefits. Veterans eligible for BAH monthly benefits: The VA utilizes a scale of credits per block of courses; therefore, the VA sometimes pays part-time benefits for an individual month while the university delivers full-time federal aid for an entire semester. Our Veterans Certifying Official is our Director of Financial Aid.

    Loan Repayment Options

    Payments are a fixed amount that ensures your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).
    Payments may be fixed or graduated and will ensure that your loans are paid off within 25 years.
    Payments are lower at first and then increase, usually every two years, and are for an amount that will ensure your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).
    Your monthly payments will be either 10 or 15 percent of discretionary income (depending on when you received your first loans), but never more than you would have paid under the 10-year Standard Repayment Plan.
    Payments are recalculated each year and are based on your updated income, family size, and the total amount of your Direct Loans. Any outstanding balance will be forgiven if you haven’t repaid your loan in full after 25 years.
    Your monthly payment is based on annual income, but your loan will be paid in full within 15 years.

    Tuition, other fees, scholarships, and financial policies are subject to change prior to the entry date. For more information, contact us at finaid@miu.edu for a quick reply — normally one business day — or see more about financial aid.

    International On-Campus Undergraduate

    Annual Cost and Typical Financial Aid
    Tuition and fees$16,530
    Housing (single room) and meals$7,400
    Health insurance (estimate)$1,992
    Personal expenses, books, unexpected needs (estimate)$3,500
    Cost Per Year$29,422

    Full-time students may apply for up to $6,000 scholarship based on qualifying level of documented family income. Our undergraduate scholarship application form will be available upon application to the university.


    Tuition, other fees, scholarships, and financial policies are subject to change prior to the entry date.

    International Online Undergraduate

    Typically, online enrollment is two courses at a time (17 credits) or one course at a time (9-11 credits), per semester (two semesters per year).

    Tuition and Fees per Semester
    Full-time (12 or more credits)$8,095
    Fewer than 12 credits$600 per credit


    Tuition, other fees, scholarships, and financial policies are subject to change prior to the entry date.

Next Steps

request info

Get your questions answered
and download our free booklet.

Request info >
visit us

Sign up for one-on-one virtual visits,
Visitors Weekend, or Visitors Saturday.

Learn more >
apply to mum

Our next entries:
Apr 2024Aug 2024Feb 2025

Apply > Apply >
X

Follow MIU