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    Hofstra University
   
 
  Oct 20, 2017
 
 
    
2007-2008 Graduate Studies Bulletin [ARCHIVED BULLETIN]

Master of Business Administration, M.B.A.


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The Frank G. Zarb School of Business offers programs leading to the Master of Business Administration with majors in the following areas:

Objectives of the Master of Business Administration Program


  • Provide qualified students (who already hold baccalaureate degrees) with a professional perspective, broad exposure to the functional areas of business, specialized instruction in the leadership aspects of business, integrative capstone courses, and an opportunity to gain expertise in a specific field of business.
  • Serve individuals with a strong commitment to managerial careers in business, government or the not-forprofit sector who exhibit the potential for leadership in the global business community.
  • Offer a wide range of M.B.A. concentrations.

Objectives of the Master of Business Administration in International Business


  • To provide students with broad-based strategic tools, skills, and analytical techniques in the field of international business management – as well as general management skills – to enable them to obtain an appropriate managerial level international business position leading to a successful career.
  • As an interdisciplinary program, to enable students gain integrated knowledge across functional business areas in a range of country environments that aid them in understanding the unique nature of business operations in a contemporary global setting.
  • To prepare students to work in more progressively senior positions in multicultural business environments through course offerings that help them to effectively deal with the dynamic and complex global/international business environment.

Objectives of the Master of Business Administration in Marketing


  • To provide students with broad-based strategic marketing tools and skills – as well as general management skills – that enable them to obtain an appropriate managerial level marketing position leading to a successful career.
  • To develop students’ analytical and strategic skills through course work, case analysis and projects that will help them to manage various marketing functions.
  • To prepare students to move into more progressively senior marketing positions in a variety of small and large and for profit and not-for profit organizations.

Admission Criteria


Applicants for admission to the M.B.A. program must hold a baccalaureate degree from an accredited institution. No specific undergraduate course of study is required for admission, nor is any specific course of undergraduate study recommended for those students planning to pursue these degrees. Undergraduate majors represented in the M.B.A. program include, but are not limited to, business, education, the natural and social sciences, engineering, the humanities and nursing.

Applicants for admission are required to take the Graduate Management Admission Test (GMAT), which is administered by the Graduate Management Admission Council (GMAC). Applicants are encouraged to take the GMAT well in advance of applying to a graduate program. To schedule an appointment to take the GMAT, applicants may call 1- 800-462-8669 or visit the GMAC Web site at www.mba.com.

All applications for admission are considered on the basis of their own merits, with weight given to the strength of a student’s previous academic performance, scores obtained on the GMAT, professional experiences indicating increasing levels of responsibility, and any other pertinent information which the candidate for admission may provide to the Committee on Admissions.

Transfer Credits


Opportunities to transfer credit from other institutions into the M.B.A. program are extremely limited, and only course work completed at AACSB accredited schools will be considered. A maximum of 9 semester hours beyond the core competency levels will be considered for transfer credit. Graduate transfer credit in this program is always limited to ensure that a minimum of 30 post-core competency credits are taken in residence.

Statute of Limitation


All credits applied toward the M.B.A. degree must be earned within the period of five years starting from the date of completion of the first course applicable to the degree. Exceptions will be made for any period of intervening military service. M.B.A. students in the Zarb School of Business who have no record of attendance in the School for a period of 15 months or more after the last semester completed, including summer sessions, may be required to file for readmission and follow the requirements set forth in the Graduate Studies Bulletin in effect upon such readmission.

Program Requirements - Semester Hours: 41-48


A range of 41 to 48 semester hours is required for the M.B.A. degree. Previous course work is evaluated by the Graduate Programs Office of the Zarb School of Business upon a student’s admission. 

Some residency workshops, core competencies, and advanced core courses may be waived based upon previous academic work, and this will determine the total number of workshops and semester hours required for the M.B.A. degree. No credit will be allowed for core competency or graduate courses with D grades. These courses must be repeated.

The Program is comprised of the following five components:

  • Component I      Residency Workshops (No credit)
  • Component II     Core Competencies (2-6 s.h.)
  • Component III    Advanced Core (21-24 s.h.)
  • Component IV    The Major Concentrations (15 s.h.)
  • Component V     Capstone Integrative Course (3 s.h.)

Component I: Residency Workshops - Semester Hours: No Credit


These workshops cover library information resources, calculus for business applications, information technology, and statistics for business applications respectively. Full-time students must complete them during the first semester in which they begin an M.B.A. Program. Part-time students must complete them within the first two semesters. Documentation of completion must be submitted to the Graduate Programs Office in order for students to register for the subsequent semester. The calculus for business applications, information technology, and statistics for business applications workshops may be satisfied through previous equivalent undergraduate or graduate course work taken within a specific time frame with a B or better grade at an accredited college or university or through satisfactory performance on a proficiency examination administered by the appropriate department within the Zarb School of Business. Students will receive with their letter of admission information about which residency requirements, if any, have been met through prior course work.

The following Library Information Resources Workshop is required of all students: (No credit)


The following workshops may be required depending upon academic preparation: (No credit)


Component II: Core Competencies - Semester Hours: 2-6


The core competency component provides students with exposure to a survey of economics and the legal, political, regulatory, and ethical environment of business. These areas of business provide the base of knowledge necessary to understand how a business organization functions. Up to two 200-level core competency requirements may be satisfied through the successful completion of appropriate previous course work with grades of B or better taken within a specific time frame prior to enrollment in the M.B.A. program or through satisfactory performance on a proficiency examination administered by the appropriate department within the Zarb School of Business.

Previous course work is evaluated by the Graduate Programs Office of the Zarb School of Business immediately upon a student’s admission. The results of this evaluation, including notification of the core competencies required as part of each individual student’s course of study in the M.B.A. program, will be communicated to all students with their letter of admission. Further evaluation of core competencies after admission will only be undertaken for those students admitted directly from their baccalaureate program of study and for whom final undergraduate transcripts were not available at the time of admission.

Students should note that in-service training courses, corporate training, and other nondegree bearing credit courses are not acceptable for credit toward the core competencies. Courses taken at junior or community colleges are generally not acceptable for credit toward core competency courses.

Majors in Accounting Requirements


Majors in Accounting* must also satisfy the following courses:

  • LEGL 24 - Legal Aspects of Business Organizations, 3 s.h.
  • ACCT 224 - Financial Reporting and Analysis Semester Hours: 3
  • or ACCT 123 and 124 Financial Accounting, Theory and Practice I and II, 3 s.h. each,

  • ACCT 231 - Cost Accounting Systems Semester Hours: 3
  • ACCT 242 - Advanced Accounting Theory and Practice Semester Hours: 3
  • *NOTE: Accounting students who have a bachelor’s degree or the equivalent in a field other than accounting or business administration who want to become eligible to take the New York state CPA examination should refer to the Regulations of the Commissioner of Education - Registration of Curricula, Part 52.13 Accountancy and speak with an adviser in the Department of Accounting, Taxation, and Legal Studies in Business.

Majors in Information Technology


Majors in Information Technology must also satisfy the following special core competency course:

Majors in Taxation must also satisfy the following courses:


ACCT 123 and 124    Financial Accounting, Theory and Practice I and II, 3 s.h. each, or

Component III: The Advanced Core - Semester Hours: 21-24


The advanced core component provides the breadth of knowledge focusing on functional areas of business, such as accounting, management information systems, finance, operations management, marketing, and quantitative analysis. In addition to these, global business decision making, contemporary organizations and leadership skills are also included in the advanced core component. This component is presented within a framework that emphasizes analytical and problem solving skills and focuses on the professional perspectives in the management of business organizations, as well as the importance of written and oral communication skills.

If a student majors at the graduate level in the same discipline as the undergraduate major/minor, he/she may request a waiver of the 203-level advanced core course in that discipline. If a student majors at the graduate level in a discipline different from his/her undergraduate major/minor, he/she may request a substitution for the 203-level advanced core course in his/her undergraduate discipline and replace it with another elective in that discipline. To be eligible for a waiver/substitution, a student must have earned a minimum of 18 semester hours with a B average or above in the specific discipline (accounting, finance, information technology, management, marketing, or statistics) at an AACSB-accredited school within five years prior to admission to the Hofstra M.B.A. program. No waiver or substitution will be granted for IB 207 Global Business Decision Making and MGT 207 Contemporary Organizations: Theory, Behavior and Leadership Skills.

Component IV: The Major Concentrations - Semester Hours: 15


The major concentration enables students to establish a strong base of specialized knowledge in one of the areas of study represented in the Zarb School of Business. This complements the skills in the various functional areas of business, as well as the professional leadership and management orientation found in Components I through IV. Concentrations are offered in Accounting, Finance, Health Services Management,  Information Technology, International Business, Management, Marketing, Quality Management, Sports and Entertainment Management and Taxation.

With permission of the Graduate Programs Office, in consultation with the department chairperson to set general policy, students may substitute an elective course outside of their major area for one of these courses.

Accounting


  • One international accounting theory course, 3 s.h.
  • One elective in area of concentration, selected under advisement, 3 s.h.

Finance


Four electives in area of concentration, selected under advisement (including at least one international course in the area of concentration), 12 s.h.

Information Technology


  • Three electives in area of concentration, selected under advisement, 9 s.h.

International Business; Management; Marketing; Taxation


  • Five electives in area of concentration selected under advisement (including at least one international course in the area of concentration), 15 s.h.

Health Services Management


Quality Management


Sports and Entertainment Management Requirements


Majors in Sports and Entertainment Management must also satisfy the following courses:

Two of the following courses, selected under advisement, 6 s.h.


Component V: Capstone Integrative Course (3 s.h.)


Given that all functional areas in an organization work together to ensure success of the organization, this component is designed to help students integrate knowledge of various functional areas in order to solve complex problems. The capstone course is an integrative course covering all functional areas of organizations. Typically, this course will be team taught by two faculty from different disciplines.

Footnotes


* ECO 200 may be waived if a student completed two undergraduate courses or one graduate course inclusive of both microeconomics and macroeconomics with an average grade of at least B within the past five years.

** LEGL 200 may be waived if a student completed equivalent course(s) inclusive of all topics listed in the course title with a grade of at least B within the past five years.

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