MUTUAL OF AMERICA INSTITUTIONAL FUNDS INC
485BPOS, EX-99.10.A, 2000-08-28
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                                                                     EX-99.10(a)

                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
                   -----------------------------------------

As independent  public  accountants,  we hereby consent to the use of our report
(and to all references to our firm)  included in or made a part of  Registration
Statement no. 33-87874.

                                                      ARTHUR ANDERSEN LLP

New York, New York
August 28, 2000



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