2014-2015 Graduate Studies Bulletin [ARCHIVED BULLETIN]
Frank G. Zarb School of Business
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Patrick J. Socci, Dean
George J. Papaioannou, Vice Dean
Gioia P. Bales, Associate Dean
Brian Caligiure, Assistant Dean for Administration
Graduate Programs Office: Third Floor, Weller Hall
Telephone: 516-463-5683
Fax: 516-463-5268
Email: graduatebusiness@hofstra.edu
The Frank G. Zarb School of Business offers day and evening undergraduate and graduate study. The School offers programs leading to the Bachelor of Business Administration (see the Hofstra University Undergraduate Bulletin), the Master of Business Administration , the Juris Doctor/Master of Business Administration , the Executive Master of Business Administration , and the Master of Science degrees , and also offers minors in business subjects (see the Hofstra University Undergraduate Bulletin). A full-time day M.B.A. program , online M.B.A. program , combined B.B.A./M.BA. programs , combined B.B.A./M.S. programs , combined B.A./M.B.A. programs, combined B.A./M.S. programs, combined B.S./M.B.A. programs, combined B.S./M.S. programs, undergraduate certificates (see the Hofstra University Undergraduate Bulletin) and advanced graduate certificates in business are also offered.
Departments
I. Frank G. Zarb School of Business Mission
Educating for Personal and Professional Achievement
II. Educational Philosophy
The Zarb School is dedicated to a student-focused education that provides students the foundational knowledge and decision making skills to achieve their personal and professional goals. Our educational mission is driven by our commitment to academic excellence and is enriched by the opportunities of our location.
III. Values, Principles and Practices
We realize our Mission and Educational Philosophy by offering multiple-degree programs at the undergraduate and graduate levels and adhering to the following Values and Principles:
- Maintaining a collegiate setting dedicated to the advancement of learning and knowledge.
- Supporting high standards of ethical conduct among all members of the Zarb School community.
- Valuing diversity and creating a supportive and collegial environment.
- Maintaining a culture of academic excellence by supporting and rewarding faculty achievements in teaching, scholarship, and service.
- Cultivating close faculty interaction with students to develop their personal and professional skills.
- Attracting motivated students who will be respected for their personal and professional success and contributions to society.
- Bringing cutting-edge business practices and current academic insight to our students.
- Striving for continuous improvement through regular assessment of our mission, educational philosophy and educational outcomes.
IV. Core Educational Goals
The Zarb School of Business is committed to a rigorous and relevant curriculum that seeks to achieve the following core educational goals:
- Strong functional knowledge in the student’s area of specialization.
- Proficiency in communication.
- Development of analytical and critical thinking skills for effective decision making.
- Understanding the issues of the contemporary global business environment.
- Knowledge of current information and communication technologies.
- Awareness of the ethical and the social responsibility issues in business.
Specific Objectives of Each Program
In addition to the core educational goals listed above, each graduate program in the Zarb School of Business has specific objectives. See each program for its objectives.
Graduate Programs
The Frank G. Zarb School of Business offers the following graduate programs of study:
Accreditation
All graduate programs offered by the Frank G. Zarb School of Business are professionally accredited by AACSB International — The Association to Advance Collegiate Schools of Business. In addition, the Department of Accounting, Taxation and Legal Studies in Business has received a separate accounting accreditation from AACSB International. These accreditations ensure that faculty, academic programs, and facilities meet the highest professional standards.
Courses in these programs are open only to those students who have been accepted for matriculation. For information, contact the Zarb School of Business Graduate Programs Office.
Academic Standing
Graduate business students are required to earn a minimum of a 3.0 GPA in both overall and in their major to be considered in good standing and to graduate.
The academic performance of all students is reviewed at the conclusion of every semester. Any student with a GPA of less than 3.0 at the end of a semester will be subject to academic probation. Students who have accumulated 25 percent or more of total attempted semester hours in INCs and Ws will also be placed on probation. Students who have maintained two consecutive probationary periods, and who have not raised their GPA to the required 3.0 by the conclusion of the second probationary period, are subject to dismissal. A graduate student with especially serious academic deficiencies is subject to immediate dismissal when such deficiencies make it apparent that the student’s continuation in the graduate program will not result in his/her successful achievement of a degree.
School of Business graduate courses may not be taken on a Pass/Fail basis, except for the noncredit-bearing Residency Workshops and ELP classes that are only offered on a Pass/Fail basis.
Further information concerning maintenance of graduate academic standing may be obtained from the Zarb School of Business Graduate Programs Office.
Dual Degrees
Bachelor of Business Administration/Master of Business Administration (B.B.A./M.B.A.)
The Frank G. Zarb School of Business offers combined B.B.A./M.B.A. programs .
Qualified undergraduate students can elect to enroll in a dual-degree program, combining their B.B.A. with a Master of Business Administration in any major concentration. The dual-degree program can be completed in five years.
The B.B.A./M.B.A. program requires the successful completion of at least 155 semester hours, including at least 113 semester hours at the undergraduate level and 42 semester hours at the graduate level, with the exception of B.B.A. core courses and GBUS 180. Students who are admitted to the M.B.A. portion of the dual degree program can substitute up to 15 semester hours of undergraduate course work for their bachelor’s degree with an equal number of semester hours of M.B.A.-level graduate course work, with the permission of the student’s B.B.A. major department chairperson.
For complete B.B.A. requirements, please see the Undergraduate Bulletin; click here and select the current Undergraduate Bulletin from the drop-down menu on the right. For complete M.B.A. requirements please click here .
Bachelor of Business Administration/Master of Science (B.B.A./M.S.)
The B.B.A./M.S. program requires the successful completion of at least 149 semester hours, including at least 119 semester hours at the undergraduate level and 30 semester hours at the graduate level, with the exception of B.B.A. core courses and GBUS 180. Students who are admitted to the M.S. portion of the dual degree program can substitute up to nine semester hours of undergraduate course work for their bachelor’s degree with an equal number of semester hours of M.S.-level graduate course work, with the permission of the student’s B.B.A. major department chairperson.
The Frank G. Zarb School of Business offers combined B.B.A./M.S. programs with majors in the following areas:
Bachelor of Business Administration/Master of Science in Education (B.B.A./M.S.Ed.)
The Frank G. Zarb School of Business and the School of Education offers a combined B.B.A./M.S.Ed. program in:
Bachelor of Arts (B.A.) or Bachelor of Science (B.S.) and Master of Business Administration (M.B.A.) or Master of Science (M.S.), Dual-degree Program
Hofstra College of Liberal Arts and Sciences and the Frank G. Zarb School of Business offer the following B.A. or B.S. and M.B.A. or M.S. dual degree programs:
- B.A. in Economics/Master of Business Administration (151 s.h.)
- B.A. in Mathematical Economics/Master of Business Administration (151 s.h.)
- B.S. in Economics (Business)/Master of Business Administration (151 s.h.)
- B.S. in Mathematical Business Economics/Master of Business Administration (151 s.h.)
- B.S. in Mathematical Business Economics/Master of Science in Finance (149 s.h.)
Dual-degree programs in economics (B.A. or B.S.) and master’s program (M.B.A. or M.S.)
Qualified undergraduate students can elect to enroll in a dual-degree program, combining their undergraduate bachelor’s degree in economics with a master of business administration or master of science. The dual-degree programs can be completed in five years.
The B.A. or B.S./M.B.A. programs require the successful completion of 151 semester hours, including at least 107 semester hours at the undergraduate level and 44 semester hours at the graduate level. Students who are admitted to the M.B.A. portion of the dual-degree program can use up to 17 semester hours of M.B.A.-level graduate course work for their bachelor’s degree requirements subject to advisement and chairperson approval.
The B.S./M.S. program requires the successful completion of 149 semester hours, including at least 116 semester hours at the undergraduate level and 33 semester hours at the graduate level. Students who are admitted to the M.S. portion of the dual degree program can substitute up to nine semester hours of undergraduate course work for their bachelor’s degree with an equal number of semester hours of M.S.-level graduate course work.
Interested students should apply for admission into their chosen dual-degree programs in economics/M.B.A. or economics/M.S. no later than at the end of the junior year, or before completion of 92 semester hours of course work, and before seeking admission to the M.B.A. or M.S. program. In order to be eligible for admission to the M.B.A. or M.S. portion of the dual-degree program, students must fulfill the following admission requirements:
- A score on the Graduate Management Admission Test (GMAT) of at least 550 taken before the end of their junior year, or before completion of 92 semester hours of course work.
- Maintain a cumulative GPA of 3.2 in course work toward their B.A. or B.S. in Economics.
- Successfully complete IT 14 and LEGL 20.
Undergraduate students must apply and be accepted into the graduate program before being allowed to take graduate courses as part of their undergraduate program. In addition, students must complete the B.A. or B.S. degree before being permitted to take more than 17 graduate credits for the B.A. or B.S/M.B.A. programs or nine semester hours for the B.S./M.S. program. Please contact the Zarb School of Business Graduate Programs Office for information.
For complete B.A. or B.S. requirements, please see the Undergraduate Bulletin; click here and select the current Undergraduate Bulletin from the drop-down menu on the right.
Labor Studies (B.A.) and Master of Business Administration (M.B.A.)
Hofstra College of Liberal Arts and Sciences and the Frank G. Zarb School of Business offer the following combined B.A. and M.B.A. dual-degree program:
Qualified undergraduate students can elect to enroll in this dual-degree program, combining their undergraduate bachelor’s degree in labor studies with a Master of Business Administration. The dual-degree program can be completed in five years.
The B.A. in Labor Studies/M.B.A. program requires the successful completion of 154 s.h., including a minimum of 110 s.h. at the undergraduate level and 44 s.h. at the graduate level. Students who are admitted to the M.B.A. portion of the dual-degree program can use up to 14 s.h. of M.B.A.-level graduate course work to satisfy their bachelor’s degree requirements, subject to advisement and chairperson’s approval.
Interested students should apply for admission into the dual-degree program in Labor Studies/M.B.A. in any major concentration no later than at the conclusion of the junior year or before completion of 92 semester hours of course work, and prior to seeking admission to the M.B.A. Program. In order to be eligible for admission to the M.B.A. portion of the dual-degree program, students must fulfill the following admission requirements:
- Take the Graduate Management Admission Test (GMAT) and receive a score of at least 550 before the end of their junior year, or before completion of 92 semester hours of course work;
- Achieve a cumulative GPA of 3.2 at the time of application to the M.B.A. program or upon completion of 92 semester hours of course work toward their B.A. degree, whichever is later; and
- Complete a minimum of 30 semester hours of undergraduate course work in residence at Hofstra
Undergraduate students must apply to and be accepted into the graduate program before being allowed to take graduate courses as part of their undergraduate program. In addition, students must complete the B.A. degree before being permitted to take more than 14 graduate semester hours for the B.A./M.B.A. program. Please contact the Zarb School of Business Graduate Programs Office for information.
Students admitted to this dual degree program will receive a B.A. in Labor Studies upon completion of the following requirements:
- The complete B.A. requirements described in the Hofstra College of Liberal Arts and Sciences section of this Bulletin. In particular, successful completion of a total of 124 semester hours.
- The specific requirements described in the M.B.A. section of the Hofstra University Graduate Bulletin.
Business Graduate Advanced Certificates
Offered by the Zarb School of Business, these advanced graduate certificates in business programs enable individuals who already possess graduate degrees in business to either refocus their careers or update and expand upon specific business skill sets. Individuals who possess professional degrees in other areas, e.g., medicine or law, may also find these programs of interest as an expedient means of achieving expertise in a particular business function. All courses are taught by Zarb School of Business faculty. Each of the following programs consists of six graduate-level courses for a total of 18 credits (exclusive of prerequisites in some programs); at least 12 credits must be taken in-residence:
- Accounting
- Corporate Finance
- General Management
- Human Resources Management
- Information Systems
- International Business
- Investment Management
- Marketing
- Taxation
Study Abroad Programs Offered in Frank G. Zarb School of Business
All of the programs below are supervised by Associate Dean Gioia Bales who can be reached at 516-463-5703 or Gioia.P.Bales@hofstra.edu.
Zarb School in China (Beijing)
The Zarb School’s program in China offers Hofstra business students the opportunity to integrate their knowledge about international business/marketing gained in classrooms by exposing them to the real-life business environment in China, the fastest-growing economy in the world. Through such field experiences, students gain valuable experiential insights and perspectives that enhance and supplement their learning at Hofstra University. Students take MKT/IB 170 International Marketing in two stages: they attend three weeks of classes on campus where they learn about international marketing, and then they travel to China to experience the subject first hand and attend more lectures at the University of International Business and Economics in Beijing. Students visit businesses and learn about business practices in China. Local scholars and company personnel will give guest lectures to expose students to the local environment. For further information about Zarb School in China, please contact Dr. Yong Zhang, Department of Marketing and International Business , 127 Weller Hall, at 516-463-5713 or Yong.Zhang@hofstra.edu.
Hofstra University Exchange Program With the University of Amsterdam
Hofstra University and the Zarb School of Business offers students the opportunity to travel to The Netherlands to take classes either on a full-time basis during a regular semester or on a part-time basis during the summer at the University of Amsterdam. Students from the University of Amsterdam also benefit from this exchange program and may take courses at Hofstra.
The Office of the Provost and Senior Vice President for Academic Affairs awards six full-tuition scholarships, for either a full-year or semester of study at the University of Amsterdam. Three of the full-tuition scholarships are reserved for Zarb School of Business students. University of Amsterdam programs include European history and culture, humanities, social sciences, languages, and business. Students will receive Hofstra credit for approved courses. All courses are taught in English. The program is recommended for students who have attained junior status (a minimum of 60 credits), along with a minimum GPA of 3.4.
Interested and eligible students are requested to visit the Office of Study Abroad Programs and complete a formal application. The deadline for application submission is late February. Outstanding students are interviewed by the Amsterdam Scholarship committee and recommendations are made to the University of Amsterdam which has final say in candidate selection. For further information about the program or to obtain an application, please contact Professor Maria Fixell, Assistant Dean for Study Abroad Programs at 516-463-4765 or Maria.L.Fixell@hofstra.edu or Gioia Bales, Associate Dean, Third Floor Weller Hall, Room 305 at 516-463-5703 or Gioia.Bales@hofstra.edu.
The Netherland-America Foundation offers many opportunities to Fulbright Fellows and educational loans for students enrolled in exchange programs. Please take a moment to review these funding opportunities from this foundation.
Hofstra’s Exchange Program With Erasmus University
The Zarb School of Business in cooperation with Erasmus University offers an exchange program for graduate students majoring in finance. Under advisement, Zarb School students may register for courses offered as part of the Master in Financial Management program at Erasmus University, and Erasmus students may register for courses in the Master of Science in Quantitative Finance program and other graduate finance courses at Hofstra. For further information about Hofstra’s Exchange Program With Erasmus University, please contact the Department of Finance, 221 Weller Hall, 516-463-5698 or Gioia.Bales@hofstra.edu.
Montpellier Business School
The Zarb School of Business has established an exchange program for both undergraduate and graduate students at the Montpellier Business School. Known as one of the best European business schools, the campus is located in the north-east of Montpellier, a city said to be the fastest growing in France. In 2013, Montpellier Business School ranked 36th among the best Masters programs in the world by the Financial Times. They are dedicated to helping students gain internships and excellent jobs with the help of its 32 major business partners. The business school has adopted core values of diversity, openness and global responsibility while focusing its position on the subject of managerial innovation and entrepreneurship and has triple international accreditation (AACSB, AMBA, EFMD / EPAS). Some of the many business courses taught in English include Corporate Finance, International Human Resources Management, Innovation Management, and International Marketing.
Korea University Business School
The Zarb School of Business has established an undergraduate exchange program with Korea University Business School (KUBS). This business school is located in Seoul, Korea which is considered a leading and rapidly rising global city. With double accreditation, KUBS serves as an educational hub of Asia and aims to educate students to become creative global business leaders. They are the only business school in Korea to be named the best MBA for 5 consecutive years. In 2011, KUBS was ranked #1 four years in a row by the National Business School Rankings of Hankyung Business Weekly. In addition, The Financial Times placed KUBS’s EMBA program as 23rd in the world in 2011 as well. There are 86 full time professors teaching a wide range of programs including undergraduate, full time and part time MBA programs. KUBS is committed to globalization and they have the largest global internship and student exchange program in Korea. Course offerings in English will increase from 63% in 2011 to 75% by 2015. Some of those courses include Organizational Behavior, Financial Management, Marketing Strategy, and Business Statistics.
Changwon National University
The Zarb School of Business along with the Student Exchange Program at Changwon National University (CNU) offers students the opportunity to spend one semester or one year abroad in South Korea. Changwon National University is located in Changwon city, the capital of Gyeongnam province which has a population of over a million people. They offer undergraduate as well as graduate business taught in English in subjects such as Finance, Economics, Marketing, and Management. Exchange students play an important role at CNU and are an important component of CNU’s relationship with many of the best universities around the world. Changwon National University strives to be an institute of substantial education and research in Korea as well as internationally.
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