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Self Study - Maharishi University of Management

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14 S E L F - S T U D Y R E P O R T 2 0 0 9<br />

263 undergraduates and 1,077 graduate students. Our students come from 70 countries and 36<br />

states in the U.S.<br />

FACULTY<br />

A primary strength is our faculty, who are well qualified in their fields and committed to the<br />

<strong>University</strong>’s purposes. It is typical for students’ courses to be taught by faculty with the highest<br />

degree in their discipline — 63% <strong>of</strong> bachelor degree course credits, 64% at the master’s degree<br />

level, and 100% at the doctoral degree level in the past two years. Our 59 full-time teaching<br />

faculty are supplemented by a small number <strong>of</strong> adjunct and visiting faculty who bring special<br />

expertise to the classroom and by 4 faculty who are classified as research faculty due to their<br />

predominant support from grants and contracts. Student-faculty interaction is extensive even with<br />

part-time faculty, because under our block system, in which students take one course at a time<br />

over four weeks, the faculty are with the students for several hours daily. A high percentage <strong>of</strong><br />

course credits is taught by full-time instructors — in the last two years, 92% at the bachelor level,<br />

89% at the masters level, and 100% at the doctoral level.<br />

FACULTY RESEARCH<br />

Faculty research has been productive over the years. During the 1990s the faculty generated<br />

nearly 600 publications, conference presentations, and art exhibitions and brought 41 grants and<br />

contracts to the <strong>University</strong> for a total <strong>of</strong> $24 million. That research contributed to important<br />

theoretical and practical advances in areas including psychophysiology <strong>of</strong> human consciousness,<br />

unified quantum field theory, cardiovascular health, human resource development in<br />

corporations, and prevention <strong>of</strong> crime and violence. In the last decade, we have shifted more to an<br />

emphasis on teaching in response to the more competitive research environment and thus<br />

increased faculty teaching loads somewhat and reduced research output. Still, the faculty brought<br />

in $7.2 million in research grants and contracts to the <strong>University</strong>, <strong>of</strong> which $4.6 million was from<br />

the National Institutes <strong>of</strong> Health in two grants (since the early 1990s <strong>Maharishi</strong> <strong>University</strong> <strong>of</strong><br />

<strong>Management</strong> has received $23 million in funding from the National Institutes <strong>of</strong> Health for<br />

research on the Transcendental Meditation program). Twelve teaching grants included one <strong>of</strong><br />

$70,000 related to entrepreneurship education and eleven others averaging $3,000.<br />

FINANCIAL STRENGTH<br />

We have consistently operated on a sound financial basis. Our composite financial index (CFI)<br />

was 2.6 and 2.7 in the middle <strong>of</strong> this decade and has been the maximum (capped) value <strong>of</strong> 3.0<br />

over the past three years. These values are well above the 1.40 level at which the HLC red-flags<br />

its members. The 2008-2009 year has been more challenging than in the past, and audited<br />

financials will not be available until November 2009, but preliminary indications are that the CFI<br />

will remain above 2.3.

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