The winning team: Peng Wang, Ganesh Baniya, Abdul Sheikh, Chittaranjan Sahu
The second team: Stella Mangwa, Tricia Walrond, Nikoo Dolati, Monica Bayung
Dr. Andrew Bargerstock, Director of the MBA with Accounting Specialization
MUM MBA Students Win National Business Competition
Competing against 137 other MBA teams from universities nationwide, a team of four MBA students from Maharishi University of Management recently placed first in a business simulation competition.
The winning team consisted of Ganesh Baniya (Nepal), Abdul Sheikh (Pakistan), Chittaranjan Sahu (India), and Peng Wang (China). In addition, a second team from MUM finished among the top 20 percent. Team members included Nikoo Dolati (Iran), Tricia Walrond (Barbados), and Monica Bayung and Stella Mangwa (Cameroon).
The simulation was part of Dr. Andrew Bargerstock’s class titled U.S. and International Accounting Practices. “When our MBA students perform so well against some of the best business schools in the U.S.,” Dr. Bargerstock said, “it validates the quality of their decision-making skills and builds confidence that they can compete in the international business environment.”
Over a four-month period, the simulation had students guide a fictitious company through eight rounds of decision-making, with each round representing a year of business activity. Students had to decide on research and development strategies, marketing tactics, sales and production forecasts, financing requirements, human resource management tactics, and total quality management (TQM) initiatives.
“We were very focused and forward looking from the beginning of the simulation,” said Ganesh Baniya from the winning team. “Based on our MBA knowledge about it, we carefully balanced all the criteria of the balanced scorecard performance metrics. This simulation was an excellent opportunity to sharpen our skills as integrated decision-makers.”
The simulation evaluates students on the growth of their company based on financial results, customer perspectives, internal business development, and learning and growth initiatives. The simulation was created by Capsim Management Simulations, Inc. of Northfield, Illinois, the largest business game provider in the U.S.
Some of the other colleges that placed in the top 10% of the competition were Villanova University, University of Maryland, Mountbatten Institute, Urbana University, Concordia University, and the University of Wisconsin.
Find out more about MUM’s Accounting MBA Program