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Page 3Andrew Bargerstock

Congratulations 2011-2012 MBA Graduates!

Congratulations to the 55 graduates from all MBA programs at Maharishi International University during the 2011-12 academic year!

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MUM’s Four MBA CAPSIM Teams All Finish in Top 10

Four MBA teams from Maharishi International University finished in the Top 10 out of 97 MBA teams who participated in the international CAPSIM Foundation simulation during the six-month period ending July 1, 2012.  As confirmed by Ron Duran, Professor Relations Representative at the Chicago-based CAPSIM Company, MIU’s Chester Team finished at the 97th percentile, the Digby Team finished at 95th percentile, the Baldwin team finished at 93rd percentile, and the Andrews Team finished at 90th percentile.  This performance marks the third consecutive year in which MIU’s MBA Accounting students have placed at least one...

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Most Outstanding Accounting MBA Graduate 2012

At the May 2012 awards ceremony at MIU central campus in Fairfield, Iowa, the 2012 Most Outstanding Accounting MBA Award was presented by Dr. Andy Bargerstock to Ganesh Baniya


Ganesh earned this award based on high GPA, professional accomplish-ments, and leadership skills. Coming from Nepal, Ganesh entered the program in June 2011. Previously, he had been an executive with a Nepalese airline company and had achieved CPA status in three countries. During this year, he earned a GPA of near 4.0 while demonstrating deep under-standing of Maharishi’s principles of...

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Bargerstock Presents on “Lean and Sustainability: the Perfect Partners”

On Tuesday, April 3, 2012, Dr. Andrew Bargerstock led a two-hour seminar for eight companies and public sector organizations on the topic of “Lean and Sustainability: The Perfect Partners” in Fort Madison, Iowa, as part of a Sustainability Circle consulting project for True Market Solutions.

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Nikoo Dolati Turns Internship into Full-Time CPT Position

Accounting student Nikoo Dolati accepted a part-time internship with iPhone Life Magazine during her on-campus studies. She was told that this position would not lead to long-term employment. After demonstrating her value to the company, Nikoo was hired full-time as a senior accountant.

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Rao and Bargerstock Article Published in Management Accounting Quarterly

An article by MIU 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

MIU 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 MIU’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 MIU’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 MIU, 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, MIU 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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