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Maharishi University of Management (MUM), formerly Maharishi International University, is an American non-profit university located in Fairfield, Iowa. It was founded in 1973 by Maharishi Mahesh Yogi and features a "consciousness-based education" system that includes the practice of the Transcendental Meditation technique. It was inaugurated by Maharishi Mahesh Yogi, and Robert Keith Wallace assumed his position as the first university president in 1973. Its first location was an apartment complex in Goleta, California. Its founding principles include the development of the full potential of the individual, fulfilling economic aspirations while maximizing proper use of the environment and bringing spiritual fulfilment and happiness to humanity. The original campus was located in Goleta, California, and in 1974 moved to the current 370-acre campus in Fairfield, Iowa. During the 1990s many older buildings were demolished and replaced using green technology and the principles of ancient Vedic architecture. The university is accredited by The Higher Learning Commission and was a member of the North Central Association of Colleges and Schools. MUM is recognized by the US Department of Education and the Council on Higher Education Accreditation (CHEA). The universityâs business programs (BA, MBA, and PhD) are accredited by the International Assembly for Collegiate Business Education (IACBE).The University is also a charter signatory of the American College & University Presidents' Climate Commitment (ACUPCC).