Spring 2014
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Spring 2014
    
News from the Department of Business Administration, Maharishi University of Management


IN THIS ISSUE

 
CONSCIOUSNESS-BASED BUSINESS
    

CONSCIOUSNESS-BASED BUSINESS


Deep Sustainability and Maharishi's Vision of Enlightened Management    
Through Consciousness-Based education, Maharishi University of Management offers every student the ultimate in deep sustainability. Maharishi Mahesh Yogi, in his book Maharishi University of Management equates pure, transcendental consciousness with the Unified Field of all the laws of nature discovered by physics. He explains how this Unified Field is the unmanifest field from which the whole manifest creation comes out and is sustained by the managing intelligence of Nature. Management on the basis of Nature’s intelligence is the ultimate technology for deep sustainability on all levels from the individual to the universe.
 
In Maharishi University of Management, Maharishi Mahesh Yogi continues...
Seeking MBA Graduates to Help Teach Online to South Africa    
Since 2008, MUM has been cooperating with the Maharishi Invincibility Institute (MII) in Johannesburg, South Africa to offer a Bachelor of Arts degree in business administration to disadvantaged youth. MII teaches the first 86 credits of the BA program, and MUM completes the degree with 42 credits.
MII now has 400 students, all of whom learn TM and get the TM-Sidhi program, so they form a coherence-creating group for South Africa. With the graduation of the first class in 2013 (see photo), the popularity of MII is rising. In 2014, MUM will have 110 students at MII taking online business courses for MUM credit to complete their degrees. However, all students are on full scholarship, and though MII is developing a call center that will employ some of the students, the Institute has to cover its operating costs from donations.
Therefore, we are looking for instructors who have an MBA degree who can co-teach MUM’s courses in the MII program along with a full-time MUM instructor either as volunteers or for a very basic level of compensation.
All online courses are taught by videoconference using a personal computer from wherever the professor is. Courses meet M-W-F for two hours in the morning (Fairfield time) for 2, 4 or 8 weeks. MUM has well-tested syllabi, lecture slides and course materials all set up to make the teaching process easy and enjoyable.
If you would like to help teach online business courses or online Forest Academy courses on SCI-related topics, please contact Scott Herriott by cell 641-208-0511 or email to herriott@mum.edu.
    

EVENTS


NEW PROGRAMS





FACULTY HIGHLIGHTS




STUDENT SUCCESS



NEW PROGRAMS





FACULTY HIGHLIGHTS




STUDENT SUCCESS



NEW PROGRAMS





FACULTY HIGHLIGHTS




STUDENT SUCCESS



NEW PROGRAMS





FACULTY HIGHLIGHTS




STUDENT SUCCESS


IACBE Conference Brings Business Deans to Campus    
By Karen Slowick
The International Assembly of Collegiate Business Education (IACBE), MUM’s accrediting body for business education, held their annual conference for the Midwest region at Maharishi University of Management on September 27th, 2013.  

The theme of the conference was sustainable business. Dr. Paul Ventura, director of the Sustainable Business MBA at Marylhurst University in Oregon, arrived early so he could walk around MUM’s campus. He admired the pocket prairie MUM had, with some 300 species of wildflowers and grasses. He said, “Boy, I feel like that prairie. I feel like...

Deep Green Business Symposium    
The 2nd Annual Deep Green Business Symposium sponsored by the MUM Business Department in July of 2013 was a smashing success. The Symposium highlighted the need for expanded awareness within individuals and communities in order to truly embed sustainability in our companies and our world. Speakers addressed how expanded awareness is being applied in business, in technology, and in leadership. See an overview of speakers and their topics, as well as speaker bios. The Symposium was live streamed by MUM.tv and may be viewed here, along with corresponding power point slides.

Here's a sample of just a few of the gems discussed:
  • Hazel Henderson discussed how planetary awareness is driving the green transition;
  • John Ikerd defined sustainable economics as the ability to meet the economic needs of the present without diminishing economic opportunities of the future;
  • Michael Garvin discussed real possibilities for developing carbon free energy as the basis for global sustainability;
  • Steve Fugate presented community-based alternative s for the affordable expansion of renewable energy, such as building a mega array of solar panels funded by many community members, who each invest a small amount to buy the solar panels that produce the energy for the community;
  • Bob Pepper relayed how his company, Yava Technologies, has developed clean mining technologies to extract valuable minerals without polluting the environment, plus "profitable remediation" technologies to clean up the toxic "tailings" left by traditional mining processes--"turning waste into profits".
Leadership with the ability to expand awareness is needed to transform individual companies as well as whole countries.
    

NEW PROGRAMS


MUM Launches Online Graduate Certificate in Management Information Systems (MIS)    
MUM is delighted to have launched the Online Graduate Certificate in Management Information Systems (MIS) in Fall 2013. The program is targeted at developing IT managers, IT executives and business analysts, and is useful for those interested in understanding the use of IT in organizations. “Organizations continue to make a lot of investments in Information Technology, and they need people who understand how to structure the deployments effectively and get a good return on their IT investments,” says Dr. Anil Maheshwari, director of the MIS program. 
This 18-credit, online program is designed for working professionals who can spend 6-8 hours per week, and do typically one 4-credit course per semester. This completely online program offers a flexible mix of managerial and technical courses to round out the students’ development in the MIS field. The program also includes...
XBRL Certification Prep Course Added to MBA Program    

MBA Accounting students at MUM are gaining certification in a new worldwide standard for exchanging financial and accounting information that is required by some agencies of the US government as well as governments of other countries. MUM is the first university in the world to offer XBRL certification training as an academic course. Basic training and certification in XBRL (Extensible Business Reporting Language) puts MUM students on the cutting edge, offering a highly marketable skill in a new reporting standard that is rapidly spreading worldwide.

    

FACULTY HIGHLIGHTS


Bargerstock and Rao Publish Research Article in MAQ Journal    
"Do Lean Implementation Inititiatives Have Adequate Accounting Support? The Debate of Duality"
 
The Business Administration Department at Maharishi University of Management announces the publication of an article on an empirical study of accounting practices in lean manufacturing companies in the USA. MUM researchers collaborated with the Institute of Management Accountants (IMA) on survey design and distribution. The article by Dr. Manjunath Rao and Dr. Andrew Bargerstock entitled, “Do Lean Implementation Initiatives Have Adequate Accounting Support - The Debate of Duality,” was published in the Summer 2013 issue of Management Accounting Quarterly, a... 
Dr. Jane Schmidt-Wilk Receives Award    
Professor Jane Schmidt-Wilk received an award "for exemplary performance as Editorial Board Outstanding Reviewer" from the editorial team of the journal Academy of Management Learning and Education
 
The award was for Dr. Schmidt-Wilk's work as a peer reviewer for the journal. She evaluates papers submited to the journal and decides whether they merit publication. She has been on the editorial board for seven years and has served as a peer reviewer for two years. 
  
The award was announced at the annual meeting of the Academy of Management in August.
    

STUDENT SUCCESS


MUM’s Ye Shi Named LEI's 2013 Lean Accounting Student of the Year    
Maharishi University of Management PhD candidate, Ye Shi (Linlin), was awarded the 2013 Lean Enterprise Institute’s annual Excellence in Lean Accounting Student Award during their Lean Accounting Summit this month in Orlando, Florida. The Lean Enterprise Institute (LEI) is a non-profit educational association, which recognizes students who have been actively engaged in research, education, and the development of Lean Accounting and accounting for Lean.

Andrew Bargerstock, PhD, CPA, director of MUM’s MBA programs, had nominated Linlin for this award based on her accomplishments in lean accounting. "We are very happy that Lin Lin's accomplishments are recognized by one of the biggest names in Lean Accounting, James Huntzinger, in his role as the chair of the Student of the Year selection committee for Lean Enterprise Institute (LEI) and the Lean Accounting Summit."
 
MBA Teams Place 1st and 2nd in National Competition    
By Ken Chawkin
by Ken Chawkin
 
Maharishi University of Management MBA students rank among the top 10 in International CAPSIM Foundation Business Simulations. This 4th year, 4 of their 5 teams placed in the top 10, taking 1st and 2nd place.

How do MBA schools assess the success of their curricular outcomes? How do students know the school they select will properly prepare them to compete in the marketplace? These are burning questions in today’s high-priced education and uncertain economy. 
 
Typically, MBA programs offer courses in a vast array of topics, from accounting to human resources, managing production to sales and customer service. Students absorb a lot of information, but do they learn how to integrate it all into the real world of executive decision-making?
Some schools have discovered that on-line business simulation competitions can provide a good capstone experience for measuring a program’s effectiveness and their students' performance.

One program testing such outcomes is the CAPSIM Foundation Business Simulation...

Students Earn Top Honors at Mediation Tournament    
Students in Vicki Alexander Herriott's Mediation and Negotiation class took top honors in the mediation tournament in November 2013. 
 
Two teams from MUM participated in the 12th Annual Peacemaker's Invitational Mediation Tournament at the University of Wisconsin, Platteville, with Matt Rees winning the top mediator award in conference-style mediation and the team comprising Mr. Rees, Nicholas Coelho and Brando Piggue, came in second in the mediation category. The same team participated in the International Intercollegiate Meditation Tournament at Drake Law School in Des Moines, Iowa. Their team qualified for the semifinals and finished 13th out of 40 teams.  Mr. Coelho took 4th place in the Individual Mediator category out of 120 mediators. 
 
"It is a great opportunity for our students to participate in... 
 
 
 
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