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Rao and Bargerstock Article Published in Management Accounting Quarterly

An article by MUM Ph.D. candidate Manjunath Rao and Associate Professor, Andrew Bargerstock was published in the Fall 2011 issue of Management Accounting Quarterly, the refereed online journal of the Institute for Management Accountants (IMA). The article titled “Exploring the Role of Standard Costing in Lean Manufacturing Enterprises: A Structuration Theory Approach,” presents the theory and research plan for Manjunath Rao’s dissertation. The system of Lean Management focuses on adding value to customers while streamlining operations and eliminating waste. It grew out of the success principles used by the remarkably successful...

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MUM Rotarians Win Rotary Competitive Matching Grant

MUM business professor, Dr. Andrew Bargerstock, and MBA graduate and current CFO at Maharishi Ayurvedic Products, Naya Raj Baral, participated in a successful grant application (#75577) to The Rotary Foundation to support the drilling of a water-well for a community of 10,000 people at the base of the Himalayas in Chitwan Province of Nepal. The grant, awarded on November 28, 2011 in the amount of $45,706, will cover the costs of one borehole well, pumps, 400,000-liter reservoir tank, and training on the use and maintenance of the water system for...

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Management Ph.D. Student Receives National Award

Manjunath Rao, a Ph.D. student in MUM’s Management Dept., received one of three 2011 Excellence in Lean Accounting awards sponsored by the Lean Enterprise Institute (LEI) at the seventh annual Lean Accounting Summit in Orlando this fall. The awards were presented to an accounting professor, Dr. Sandra Richtenmeyer, and two Ph.D. students, Dan Harris and Manjunath Rao. Dr. Sandra Richtenmeyer is the outgoing president of the national Institute of Management Accountants (IMA) and, coincidentally, one of Manjunath’s dissertation committee members.

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MUM Accounting MBA Students Win National Business Competition!

Students in MUM’s Accounting MBA program placed first among 137 teams in a national business simulation competition. The Baldwin team was the winning team, including: Peng Wang (China), Ganesh Baniya (Nepal), Abdul Sheikh (Pakistan), and Chittaranjan Sahu (India).

A second team from MUM, the Andrews team, also placed well in the same competition, scoring in the 82nd percentile: Stella Mangwa (Cameroon), Tricia Walrond (Barbados), Nikoo Dolati (Iran), and Monica Bayung (Cameroon).

Although CAPSIM offers official Challenge Competitions where results are published and winners are officially recognized, MUM instead participated in...

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Lean Accounting Research at MUM

PhD student Manjunath Rao gave a poster presentation on how Maharishi Vedic Science can be a powerful analytic tool in implementing “lean accounting” at the recent annual conference of the Institute of Management Accountants (IMA) in Florida.  Mr. Rao, who is a Certified Management Accountant and member of IMA, gave a poster presentation on his Ph.D. research, which addresses the issue of why organizations haven’t readily adopted lean accounting.

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Two New Tracks for MBA Accounting Specialization

MUM’s MBA with Accounting Specialization Program is offering two new tracks beginning in the fall 2011 semester. Building on the success of the program established in 2005 for international accountants with two or more years of work experience, the new tracks will consist of 11 months of full-time study but work experience will not be required.

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MUM Accounting MBAs Place in Top 10 in National Competition

Last month a team of three students in the Accounting MBA finished in ninth place in a national business simulation competition against 92 other MBA teams from universities around the U.S.

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Dr. Andrew Bargerstock wins LEI’s 2009 Excellence in Lean Accounting Professor Award

After attending the Lean Accounting Summit in Las Vegas, NV, in September 2008, I committed myself to bringing the practical concepts of lean accounting into the classroom. Consequently, I engaged my MBA Accounting students toward developing a passion for lean management and lean accounting by implementing the following five initiatives:

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