Hofstra University Frank G. Zarb School of Business
Why Zarb?
4Four-Decade Tradition as an AACSB International-Accredited Institution The Zarb School of Business has been accredited by AACSB International – The Association to Advance Collegiate Schools of Business for more than 40 years – the longest accreditation period of any Long Island business school. Since 2001, Hofstra’s accounting program has earned separate AACSB International accreditation. Zarb is one of only four business schools in the New York metropolitan area with this credential.
4Growing List of International Rankings • U.S. News & World Report: “Best Graduate Business Schools” (2010) Our graduate programs rank #63 in this listing, which considers a survey of business school deans and recruiters and data on placement success and student selectivity.
• Forbes: “Best Business Schools” (2009)
The Zarb M.B.A. program ranked #51 on Forbes’ listing of the top 75 M.B.A. programs based on return on investment.
• The Princeton Review: “A Best Business School” (2009)
Our graduate program was ranked among other prestigious institutions’ programs, according to surveys of 19,000 students from AACSB International-accredited M.B.A. programs.
• BusinessWeek: “Top 100 Undergraduate Business Programs” (2009)
Our undergraduate program ranked #97 out of the approximately 1,600 business programs in the country.
• The Princeton Review: “Student Opinion Honors for Business Schools” (2009) The Zarb School’s graduate marketing program ranked among the top 15 programs in the world in a student satisfaction survey.
• BusinessWeek: “The Colleges With the Biggest Returns” (2008) Hofstra University ranked #48 out of the top 52 in a study that measured the earning potential of mid-career professionals based on their undergraduate alma mater.
• U.S. News & World Report: “Best Undergraduate Business Programs” (2008)
A survey of deans and senior faculty of AACSB International-accredited schools ranked the Zarb School among the best undergraduate business programs out of the more than 550 schools that share the AACSB International credential.
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4 Engaged, Prestigious Faculty Our 83 full-time professors come from all over the world and bring to the classroom a breadth of knowledge and experience. In the last five years, they have produced 352 articles in 190 different scholarly journals – an increase of more than 10 percent from the preceding five-year period. Although scholarship is strongly encouraged through generous research and travel grants, excellence in teaching is of primary importance at the Zarb School. All classes, both undergraduate and graduate, are taught by professors – not teaching assistants – and classes are generally small, allowing professors to truly engage their students.
4 Distinguished Professorships and Endowed Chairs Through the generous support of our benefactors, the Zarb School is enriched by the following 11 distinguished professorships, two endowed chairs, and a teaching fellow:
The Bernon Family Endowed Distinguished Professorship in Business The Robert E. Brockway ’46 Endowed Distinguished Professorship in Marketing The Brodlieb Distinguished Professorship in Business The Chaykin Distinguished Teaching Professorship in Accounting The Chaykin Endowed Chair in Accounting Cypres Family Distinguished Professorship in Legal Studies in Business The Robert F. Dall Distinguished Professorship in Business The Harold Lazarus Endowed Chair in China Business Studies The Walter H. “Bud” Miller Distinguished Professorship in Business The RMI Distinguished Professorship in Business The Honey and Arthur Sorin Distinguished Teaching Fellow in Business The C.V. Starr Distinguished Professorship in Finance and International Financial Services The C.V. Starr Distinguished Professorship in Finance and Investment Banking The Mel Weitz Distinguished Professorship in Business 2
4 Innovative Curriculum The Zarb School offers a broad array of specializations on both the undergraduate and graduate levels, including an undergraduate concentration in entrepreneurship and graduate studies in areas such as real estate and taxation. The curriculum is continually reevaluated to meet the demands of a dynamic, global business environment.
For more information about Zarb undergraduate programs, visit hofstra.edu/zarbug. For more information about Zarb graduate programs, visit hofstra.edu/zarbgradprograms.
4Bachelor of Business Administration:*
Accounting Entrepreneurship Finance Information Technology International Business Legal Studies in Business Management Marketing
*Students may also consider a B.B.A./M.S. in accounting, taxation, human resources management, marketing and marketing research, or a joint B.B.A./M.B.A. program.
4Master of Business Administration:*
Accounting Finance Health Services Management Information Technology International Business Management Marketing Quality Management Real Estate Sports and Entertainment Management Taxation
*J.D./M.B.A. program is also offered.
4Executive Master of Business Administration 4Master of Science:
Accounting Finance Human Resources Management Information Technology Marketing Marketing Research Quantitative Finance Taxation
4Undergraduate Certificate Programs 4Advanced Certificate in Business Programs 3
4 State-of-the-Art Facilities Zarb School students study real-world applications of global business in technologically advanced facilities. The Martin B. Greenberg Trading Room is one of the largest and most sophisticated Bloomberg-based academic facilities in the world. It allows our students to dynamically study the global securities markets on 35 Bloomberg terminals. We are one of only a few universities that offer students the opportunity to receive Bloomberg certification prior to graduation. Our academic home, C.V. Starr Hall, has won national acclaim as an exceptional learning and teaching facility. Forbes and The Princeton Review have ranked Hofstra among the “best wired� campuses in the nation.
For more information, visit hofstra.edu/tradingroom
4 Impressive Alumni One of the best ways to gauge the success of any organization is by examining the “product.” The Zarb School has produced a multitude of leaders who have made significant contributions to their respective fields. These successful individuals often return to their alma mater to share their experiences with students and alumni at Zarb-sponsored events. Daniel T. Henry (M.B.A., 1974) Executive Vice President and CFO, American Express Company
The Zarb School provides a mix of sound financial theory and real-world application and benefits from its close proximity to New York City. Zarb also focuses on the importance of change management, leadership and team-building skills, which are critical in today’s business environment. Edward G. Watson (M.B.A., 1989) Executive Vice President of Operations and Technology, FannieMae
As a graduate of the Zarb School of Business and a manager of fellow graduates, I have a fulsome perspective of the program. As a graduate, the Zarb School of Business prepared me for real-world challenges. As an employer of Zarb graduates, I gain hard-working, committed employees with the right balance of quantitative and qualitative skills.
4 Diverse, Driven Student Body Zarb School graduate students hail from 16 countries. Within the undergraduate population, 51 U.S. states and territories and 73 countries are represented. Our students have excelled at many national competitions, including: 31st Annual American Marketing Association Collegiate Conference Case Study Competition (2009) The Hofstra chapter of the American Marketing Association took third place in a national case study competition held in New Orleans, Louisiana. New York Mercantile Exchange Commodities Challenge (2008) The Zarb School team was awarded second place after competing against 25 teams from 20 universities. Four individual team members placed in the top 12 of 60 competing students − more than any other school in the competition. In the process, Hofstra students took six of the competition’s top 10 national placements. District 2A American Advertising Federation Competition (2008) The Zarb School team placed first among 10 other prestigious universities. National Association of Black Accountants/Deloitte & Touche Case Study Competition (2008) The Zarb School team placed second in this case study competition.
Diane Garnick (B.B.A., 1996) Investment Strategist, Invesco Ltd.
I first walked onto the Hofstra campus as a frightened, eager to learn young lady. During my years there, I became more confident in my ability to understand, and even solve, complex problems. By the time I donned my cap and gown, prepared to join the family of Hofstra alumni, I knew I had a responsibility to improve the world. Reginald Andre (B.B.A., 2004) Associate, Asset Management, Goldman Sachs
Hofstra University’s Zarb School of Business has a unique combination of talent and enthusiasm in its students, expertise and influence in its faculty, and industry knowledge and reach in its alumni. The strengths and capabilities of each active member in this tightly knit community are easily accessible and help to foster a rich student, faculty and alumni experience.
To learn more about other impressive Zarb alumni, visit hofstra.edu/zarbfos.
Zarb’s winning team at the New York Mercantile Exchange Commodities Challenge.
4 A Location That Can Be Leveraged Students benefit from a multitude of internship and full-time career opportunities in New York City – just a 35-minute train ride away. Student groups also enjoy visits to major business institutions throughout the year. In October 2008, the day before the third and final presidential debate held at Hofstra, a group of students, faculty, administrators and trustees joined Hofstra President Stuart Rabinowitz as he rang the opening bell at NASDAQ. 4
4 Wide Range of Student Organizations A diverse selection of student organizations complements the Zarb School curriculum. Undergraduate students can choose from 17 organizations, including Beta Alpha Psi, which has received superior chapter status for 17 consecutive years; the National Association of Black Accountants, recognized as Regional Chapter of the Year; the Hofstra American Marketing Association, which recently placed third in a national case study competition; and the Financial Management Association.
4 Cutting-Edge Conferences and Speaker Series The caliber of events that take place on the Hofstra campus is impressive. Every semester, leaders from business, government and academia visit the Zarb School, offering our students and alumni the opportunity to learn from experts in their fields.
Zarb full-time M.B.A. students visit Wall Street.
On the graduate level, there are 16 student organizations. The Hofstra Business Consulting Group consists of M.B.A. and M.S. students who provide consulting services to Long Island and New York City-based companies. The student-run Journal of International Business and Law is a joint publication of the Zarb School and Hofstra School of Law. Zarb Women in Business (National Association of Women M.B.A.s), the Black and Hispanic M.B.A./M.S. Association, and the International M.B.A./M.S. Association represent our commitment to diversity.
Susan A. Mboya, Ph.D., founder and Executive President of Zawadi Africa Educational Fund and General Manager Franchise of the Coca-Cola Company, spoke at the Provost’s Annual Diversity Lecture in April 2009.
Robert F. Engle, Ph.D., winner of the 2003 Nobel Prize in economics, was honored with Hofstra University’s Presidential Medal in May 2009.
For more information about undergraduate and graduate student organizations, visit hofstra.edu/zarborgs. From left to right: Zarb School Dean Salvatore Sodano, former U.S. Treasury Secretaries Richard Rubin and Paul O’Neill, Hofstra President Stuart Rabinowitz, and Provost and Senior Vice President for Academic Affairs Herman Berliner at a September 2008 event.
4 Prestigious Research Centers Our profile is significantly enhanced by the two research centers affiliated with the Zarb School. The Center for the Study of International Financial Services and Markets, founded in 1996, promotes faculty and student study in the field of international financial services and markets, and communicates through the hosting of conferences and symposia.
For more information, visit hofstra.edu/csifsm. The Wilbur F. Breslin Center for Real Estate Studies, founded in 2008, is an interdisciplinary center that brings together the expertise of the Zarb School, Hofstra School of Law, and the Institute of Real Estate at Hofstra University. The center provides professionals with information, education and scholarly analyses regarding complex issues in the real estate field.
For a list and photographs of Zarb events, visit hofstra.edu/zarbevents. Lewis S. Ranieri, widely regarded as the “Father of Mortgage-Backed Bonds”
Dr. Edward I. Altman, Max L. Heine Professor of Finance, New York University
Scott Rechler, Chairman and Chief Executive Officer, RXR Realty LLC
For more information, visit hofstra.edu/breslincenter.
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The speakers shown at right spoke at the November 2008 conference Causes of the Recent Financial Crisis and Effects of the Bailout, sponsored by the Center for the Study of International Financial Services and Markets.
Richard G. Ketchum, Chairman and Chief Executive Officer, Financial Industry Regulatory Authority, Inc.
4 Zarb School Chapter of the Global Association of Risk Professionals (GARP) GARP, the leading professional association dedicated to the advancement of the risk profession, established a college chapter at Hofstra in 2008 – one of only eight college chapters globally.
4 University Partnership With the New York Society of Security Analysts (NYSSA) The Zarb School is one of only 15 business schools to have a university partnership with NYSSA, the leading forum in the investment community since 1937. Zarb students also compete in the “Investment Research Challenge,” which teaches participants how to research and report on a publicly traded company.
4 Strong Alumni Network
The learning experience at the Zarb School is enriched and extended by a strong alumni network, which is nurtured by the Zarb School of Business Alumni Association, a group that represents all our B.B.A., M.B.A., M.S. and E.M.B.A. alumni. Its goal is to enhance the national reputation of the Zarb School and expand networking and professional development opportunities for our alumni and students. Alumni networking receptions are held periodically in New York City and have been hosted by KPMG, Ernst & Young, Goldman Sachs, and The Bank of New York Mellon, among others.
From left to right: Hofstra Vice President for Development and Alumni Affairs Alan Kelly; Brian Ruane (M.B.A.,’96), director, The Bank of New York Mellon; Frank Zarb (B.B.A.,’57; M.B.A.,’62); and Zarb School Dean Salvatore Sodano.
4 Dynamic Career Services Zarb undergraduate and graduate students and alumni are given a full range of career development services, such as assistance with resume development, interview skills and individual career advisement. The Zarb School’s Graduate Business Career Services, which received high praise from The Princeton Review, has a dedicated full-time staff that provides career coaching, alumni connections, executive speaker programming, and a career management program. All students have access to the Pride-Career Management System, where applicants may apply to thousands of job and internship postings as well as participate in our job fairs and on-campus recruitment programs. By visiting hofstra.edu/zarbcareers, employers may register for a full range of recruitment services.
4 Study Abroad Opportunities Zarb students can choose to study at an international university for a semester, full year or summer. During the summer, Zarb-sponsored programs in China and Ireland offer students the opportunity to learn global business firsthand. True to its Dutch heritage, Hofstra University also has exchange programs with the University of Amsterdam (for undergraduate students) and Erasmus University (for graduate students).
For more information, visit hofstra.edu/zarbabroad.
For more information, visit hofstra.edu/zarbcareers. 6
4 Commitment to Social Responsibility The Zarb School follows Hofstra’s tradition of commitment to students, alumni and the community, demonstrating social responsibility in several ways.
For information regarding the Zarb School and its programs, visit hofstra.edu/zarb.
• The Zarb School sponsors VITA, a student-run program offering volunteer income tax assistance to underprivileged individuals. • The Hofstra/News12 Public Opinion Polls have provided important information on the attitudes and opinions of Long Islanders for 20 years. • The newly formed Corporate Social Responsibility Organization sponsors Team M.B.A., which is involved in community service projects. The Zarb School is especially interested in nurturing the business talents of local high school students and has sponsored the Hofstra-TD Bank Summer Business Camp, the Hofstra/NYMEX Commodities Challenge, and the Capital One Campus Entrepreneurial Challenge with Uniondale High School.
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Hofstra University continues its commitment to extending equal opportunity to all qualified individuals without regard to race, color, religion, sex, sexual orientation, age, national or ethnic origin, physical or mental disability, marital or veteran status in employment and in the conduct and operation of Hofstra University’s educational programs and activities, including admissions, scholarship and loan programs and athletic and other school administered programs.