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2007-2008 Graduate Studies Bulletin [ARCHIVED BULLETIN]
Master of Business Administration, M.B.A.
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Return to: Graduate Programs Offered
The Frank G. Zarb School of Business offers programs leading to the Master of Business Administration with majors in the following areas:
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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, orComponent 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
One of the following courses, selected under advisement:
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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