Tuesday, July 13, 2010

A Message From Dean Patrick J. Socci

As I begin my new role as dean of the Zarb School of Business, I am energized by the students, faculty, administration and staff. Not only does our school have a tradition of excellence, but it is committed to continual improvement. In one day, I already participated in three meetings – all dealing with how to best meet the needs of our students in a turbulent and uncertain world. The Zarb School of Business is committed to serving its students, while shaping the business community to solve today’s pressing issues.


As I evaluate the Zarb School’s resources, I must acknowledge the dedication of the Hofstra community. The administration and staff are energetic and tireless in their commitment to the school. They are acutely focused on its future and support the academic community in its drive toward greater prominence. The faculty are equally dedicated to advancing the University’s mission and achieving greater recognition. Their commitment to research is evident by the numerous publications and the many awards they have garnered at national and international conferences. As we explore new methods to deliver courses and knowledge, the faculty have been at the forefront of discussions and are poised to transition the school to the next generation. As you read this newsletter, the accomplishments of the Zarb School amplify the dedication and accomplishments of the faculty.


Of course, students are our prime concern. As I meet the students, I cannot help but swell with pride at their development. During the next year, please try to attend some of our functions. The students will amaze you with their knowledge and business sense, and their energy is infectious!


I would be remiss if I did not call attention to the excellent foundation laid by Salvatore Sodano. As a business leader, Zarb School alumnus, Hofstra trustee and dean, he served the University with exceptional skill and foresight. Thank you, Sal, for all that you have done and will continue to do for Hofstra University.

A Message From Former Dean Salvatore F. Sodano

Sodano

It is with mixed emotions that I leave my position as dean of the Frank G. Zarb School of Business and become senior executive adviser to Hofstra President Stuart Rabinowitz. I am excited to engage in campus-wide initiatives that will contribute to the continued success of Hofstra University. At the same time, my more than four years as dean have been truly rewarding. I witnessed the Zarb School, my alma mater, solidify its reputation, strengthen its curriculum, introduce more rigorous programs, and cultivate lasting relationships with students and alumni. The success that the Zarb School has achieved over the past four years is clearly evident to everyone. The caliber of the Zarb School has been formally recognized in rankings by BusinessWeek, U.S. News & World Report, The Princeton Review and Forbes. In fall 2010 the Zarb School will enroll a third group of highly accomplished students in its full-time M.B.A. program. Our students continue to supplement their course work by actively engaging in more than 30 Zarb-sponsored student organizations, participating in many internships, excelling at national competitions, and interacting with the numerous high-profile business executives that visit our campus every semester. Our alumni are now united as the Zarb Alumni Association, a group of dedicated individuals who strive to increase networking opportunities for students and alumni and have provided generous financial support. I am very grateful to the faculty, administrators, alumni, and students who have contributed to these efforts, and I look forward to working with all of you to achieve even greater success at the Zarb School.


I leave the Zarb School under the able stewardship of Dr. Patrick Socci, who assumed the position of dean on July 1. Dr. Socci is a highly accomplished university administrator and business professional. He served as associate dean and visiting associate professor of information systems in the College of Business Administration at  Fordham University. His professional experience includes serving as senior vice president of engineering at ADC Telecommunications and vice president of network operations support systems at AT&T. I am confident that Dr. Socci’s enthusiasm and vision will lead the Zarb School to even greater levels of success.


Once again, this newsletter is filled with events and achievements that highlight the vibrancy of the Zarb School. For the second consecutive year, a team of marketing undergraduate students placed third at the American Marketing Association national case study competition held in New Orleans. In addition, the Hofstra student chapter of the American Marketing Association received an outstanding chapter commendation, ranking the group in the top 20 of 190 chapters. After a successful inaugural year, the Capital One Campus Entrepreneurial Challenge, a program that teams up Zarb undergraduate students and students from Uniondale High School, will continue in September as new students are given the opportunity to test their entrepreneurial skills as they design and run their own businesses. Andrew Corrado (M.B.A. ‘92), senior vice president and market manager, Long Island Private Banking Group, Capital One, has been elected the new president of the Zarb Alumni Association. We thank Ed Watson (M.B.A. ’89) for his dedicated leadership of the association over the past two years.


I wish all a wonderful summer.

Distinguished Professor Esmeralda Lyn Joins the Dean’s Office

Anil Mathur and Esmeralda Lyn
Anil Mathur and Esmeralda Lyn

Dr. Esmeralda O. Lyn, the C.V. Starr Distinguished Professor in Finance and International Financial Services, was appointed vice dean of the Zarb School beginning June 15, 2010, replacing Dr. Anil Mathur, the Brodlieb Distinguished Professor in Business, who will return to the full-time faculty in the Department of Marketing and International Business. Dr. Lyn has more than 28 years of dedicated service to the Zarb School. She served as chairperson of the Department of Finance, co-director of Zarb’s Center for International Financial Services and Markets, and editor-in-chief of Corporate Finance Review. Dr. Lyn has published numerous articles in national and international business journals. She also led executive seminars and workshops, and taught undergraduate and graduate classes both in the United States and abroad. Her research interests are in emerging markets, corporate governance, agency theory, and socially responsible investments. In addition, Dr. Lyn has worked in the financial area for the United Nations in New York and Bangladesh, at Integrated Resources, Inc., and Smith Barney Shearson, and she has been a consultant for various companies. Dr. Lyn currently serves on the boards of Nassau Educators Federal Credit Union, Global ShareResource Foundation, and the Institute for Women’s Policy Research.

Frank G. Zarb to Team Teach M.B.A. Class at the Zarb School

Frank G. Zarb

The Finance Department has proposed a new graduate-level course – Financial Crises and Public Policy – to be offered during the spring 2011 semester. The course, which will examine the history of economic crises and financial bubbles primarily in the United States and the public policy responses to manage them, will be taught by Frank G. Zarb, chairman of Frank Zarb Associates, LLC; Salvatore Sodano, senior executive adviser to Hofstra President Stuart Rabinowitz and former dean of the Zarb School; and Dr. Anoop Rai, Hofstra professor of finance. Previously, Mr. Zarb served as chief executive officer of the National Association of Securities Dealers and chief executive officer of the NASDAQ Stock Market, Inc. Mr. Zarb was also chairman, chief executive officer and president of Alexander & Alexander Services, Inc.; vice chairman and group chief executive of The Travelers, Inc.; and chairman and chief executive officer of Smith Barney. Before joining Smith Barney, Mr. Zarb was a senior partner at Lazard Freres & Co. Mr. Sodano is former head of the American Stock Exchange and vice chairman of the National Association of Securities Dealers.


This course will give Zarb graduate students an unprecedented opportunity to learn from two Wall Street icons while gaining knowledge and insight from a senior-level professor with an extensive publishing record. The course will include presentations by other experienced finance professionals and governmental officials. Mr. Zarb will also draw upon his vast experience in public service, which includes assignments in the Nixon, Ford, Reagan, Bush, and Clinton administrations.

A Message from Andrew Corrado, Newly-Elected President and Reginald André, Newly-Elected 1st Vice President of the Zarb Alumni Association

Andrew Corrado
Andrew Corrado

Reginald Andre
Reginald André

We are excited to introduce ourselves as the new leadership of the Zarb Alumni Association (ZAA). First, we would like to thank Ed Watson (M.B.A. ’89), the immediate past president of the ZAA, for his vision in re-energizing the Zarb Alumni Association. Under Ed’s leadership, the ZAA was restructured and is now better positioned to accomplish its goals of increasing the number of alumni volunteering toward the service and activities of the Zarb Business School and its community, increasing alumni participation in fund raising activities and promoting a strong sense of pride, tradition and community among Zarb alumni, students, faculty and administration. Ed’s work resulted in a very fruitful year for the Zarb community and created a great deal of positive momentum that will lead the ZAA toward even greater successes in the future.

Over the past year, the ZAA offered a number of great events and programs to the Zarb community. We hosted networking events in New York City and Long Island, including a reception featuring Nassau County Executive Edward P. Mangano ’84, ’87. We also worked closely with the Hofstra Career Center to bring alumni back to campus to hold practice interviews, résumé critiques, networking receptions and roundtable discussions for current students. The ZAA also launched the Zarb Alumni Advisors Program to support Zarb undergraduate and graduate student-run organizations.

Looking ahead to the 2010–2011 academic year, we look forward to further leveraging the resources and talent of the Zarb community to continue these efforts and expand the ZAA’s suite of programs and events under the leadership of our Executive Committee: Jim Wenk ’05 (VP for Communications), Erin Veltman ’08 (VP for Events and Regional Activities), Mark Matthews ’90 (VP for Fundraising and Scholarships), and Jennifer Strafford ’06 (Secretary). We intend to bring more alumni back to campus to provide career enhancement activities to an even larger number of students and alumni. We will also ramp up our fund raising efforts to offer more scholarships to Zarb students and to support our suite of activities for the Zarb community. This ambitious 2010-2011 plan will only be accomplished with the support and engagement of Zarb alumni.

We look forward to meeting all of you at future events, especially during Hofstra’s 75th Anniversary Weekend, September 23 -26. If you are interested in getting more involved with Zarb Alumni Association programs and events, please contact Amy Reich, director of alumni affairs, at Amy.Reich@hofstra.edu or 516-463-7580.

Best regards,

Andrew Corrado, M.B.A. ’92, President, Zarb Alumni Association
Réginald André B.B.A. ’04, 1st Vice President, Zarb Alumni Association

Upcoming Conference: Social Responsibility in Business in the 21st Century

Hofstra University

Frank G. Zarb School of Business


presents

Social Responsibility in Business in the 21st Century


Wednesday, December 1, 2010


Hofstra University Club

David S. Mack Hall

North Campus

A conference funded by

The Broadridge Foundation


featuring*




  • Gerald Bresnick, Vice President of Environment, Health and Safety, Hess Corporation

  • Heidi Hartmann, President, Institute for Women’s Policy Research

  • Gerald Hassell, President, BNY Mellon

  • Scott Rechler, Chairman and Chief Executive Officer, RXR Realty

  • Sheila Wellington, Clinical Professor of Management and Organization, Stern School of Business, New York University


*List includes only speakers confirmed as of July 31, 2010.

The devastating effects of the global financial crisis, coupled with public outrage over excessive executive compensation, have weakened confidence in corporate America and, consequently, intensified interest in corporate social responsibility (CSR). Corporations are challenged to respond appropriately while business schools, charged with shaping future business leaders, increasingly recognize the critical importance of incorporating CSR practices into their curricula.


To address these urgent issues, the Frank G. Zarb School of Business and the Center for International Financial Services and Markets – as part of Hofstra’s 75th anniversary celebration – will host Social Responsibility in Business in the 21st Century. The conference will assemble a group of prominent business leaders, regulators and educators to discuss a range of issues and ideas to merge business and social interests in the 21st century. The conference will also explore the challenges facing educators in designing appropriate curricula to teach corporate responsibility to business students.


More information will be available at: hofstra.edu/zarb75thconference


Mark Your Calendar: Fall 2010

September



  • September 15: Business Club Fair: Sponsored by the Zarb School of Business; meet representatives from the 16 undergraduate business organizations.

    Location: Lobby, The Career Center, M. Robert Lowe Hall, South Campus

    Time: 11 a.m.-1 p.m.

  • September 20: Zarb School of Business Alumni Association Resume Critique and Reception: The Zarb School of Business Alumni Association, in conjunction with The Career Center, is conducting a Resume Critique and Reception for students to have their resumes reviewed by successful Hofstra alumni who will explain how to develop a highly effective and professional resume. An introductory reception will be held prior to the event, providing students with an opportunity to network with alumni. All students who register for this event MUST bring a resume in order to participate.

    Location: The Career Center, M. Robert Lowe Hall, South Campus

    Time: 6-9 p.m.

  • September 22: Presentation by Charles Weinstein, Managing Partner, Eisner LLP: Executive Speaker Series sponsored by Zarb Graduate Business Career Services and the Center for International Financial Services and Markets. Mr. Eisner will discuss “Leadership and Ethics.” Open to Zarb B.B.A./M.B.A./M.S. alumni and students. Register by e-mailing graduatebusinesscareerservices@hofstra.edu

    Location: 246 East Library Wing, Axinn Library, South Campus

    Time: 6-8 p.m.

  • September 24: Zarb School Reception in Honor of Hofstra University’s 75th Anniversary: Faculty, administrators, alumni and parents will kick off the University’s 75th anniversary.

    Location: East Reception Area, C.V. Starr Hall, South Campus

    Time: 3-5 p.m.


  • September 29: Zarb School of Business Career Fair for Accounting, Finance and IT Majors: Sponsored by Beta Alpha Psi and The Career Center. Graduate and undergraduate students are invited to meet representatives from more than 100 companies interested in employing Zarb students.

    Location: Mack Exhibition Complex, North Campus

    Time: 6-8 p.m.


  • September 29: Zarb School of Business Internship Orientation: Sponsored by The Career Center, this workshop provides information about the benefits of a business internship. Students will learn about the resources to obtain an internship, when to take part in an internship, conducting a successful search, applying for an internship, and gaining the most from the experience. Internship coordinators from the Accounting, Finance, Marketing, International Business, Management, and Information Technology Departments will be available to answer questions.

    Location: Room 245 East Library Wing, Axinn Library, South Campus

    Time: 11:15 a.m.-12:40 p.m.




  • October


  • October 4: Zarb School of Business Alumni Association Practice Interviews: The Zarb School of Business Alumni Association, in conjunction with The Career Center, is hosting a business-focused practice interview and reception night where students will take part in one-on-one practice interviews and feedback sessions with industry professionals, and have the opportunity to network with Zarb alumni. In addition to meeting and working directly with industry professionals to refine interview skills, students who participate in this event will satisfy the 30-minute practice interview time required to participate in Pride Recruiting. Students are encouraged to sign up at The Career Center or by calling (516) 463-6060. All students who sign up for this event MUST bring a resume in order to participate.

    Location: The Career Center, M. Robert Lowe Hall, South Campus

    Time: 6-9 p.m.

  • October 6: Welcome Back Barbecue: Sponsored by the Zarb School of Business. Enjoy an afternoon with classmates, faculty, administrators and staff of the Zarb School. Free T-shirts will be distributed.

    Location: Hofstra USA, North Campus

    Time: 11 a.m.-2 p.m.


  • October 13: Zarb Executive Speaker Series Presents Nancy Friedman: Ms. Friedman is the emerging markets Europe operations and strategy director at Pfizer. Open to Zarb M.B.A./M.S. alumni and students. Register by e-mailing graduatebusinesscareerservices@hofstra.edu

    Location: 246 East Library Wing, Axinn Library, South Campus

    Time: 6:15-8:30 p.m.


  • October 21: The “G” Word: Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Students are invited to participate in a discussion about the effects of globalization.

    Location: The Career Center, M. Robert Lowe Hall, South Campus

    Time: 6 p.m.




  • November



  • November 8: Zarb School of Business Alumni Association Presents “Building a Career Preparation Roadmap”: The Zarb School of Business Alumni Association, in conjunction with The Career Center, is hosting a round-table discussion designed to help freshmen, sophomores and juniors in the Zarb School of Business build a “career preparation roadmap” and explore the resources available within the Zarb community. Zarb alumni and faculty and The Career Center staff will discuss key career preparation milestones such as identifying fields of interest, what makes a good candidate in those fields, when and how to apply and interview for jobs in those fields, and how alumni, faculty and The Career Center can help. Students will also have the opportunity to meet and network with alumni and faculty.

    Location: The Career Center, Mr. Robert Lowe Hall, South Campus

    Time: 6-9 p.m.


  • November 13: Hofstra’s Chapter of the American Marketing Association Hosts Regional Marketing Conference: The conference will focus on entertainment marketing and will feature professionals who will speak on entertainment marketing in sports, theater, television, film, and music.

    Note: Location and time to be determined.




  • December



  • December 1: Social Responsibility in Business in the 21st Century: Conference sponsored by the Zarb School of Business as part of Hofstra’s 75th anniversary celebration. For information, visit: hofstra.edu/zarb75thconference

    Location: Hofstra University Club, David S. Mack Hall, North Campus

    Time: To be determined.

Professor Matthew Sonfield Commended for his Research Accomplishments

Matthew Sonfield
Dr. Matthew Sonfield


The research contributions of Dr. Matthew C. Sonfield, the Robert F. Dall Distinguished Professor in Business, continue to garner praise. Dr. Sonfield joined the Hofstra faculty in 1975 and is currently a professor in the Department of Management, Entrepreneurship and General Business. He holds degrees from Cornell University, Harvard University and New York University.


Dr. Sonfield’s scholarly research and writing has centered largely in the areas of entrepreneurship and small business, with a recent focus on family and minority businesses. Apart from his academic research, he is also an internationally-recognized expert on the history of the luxury automobile industry in the 1920’s and 1930’s, especially the custom body builders of that era. He has close to 300 publications, more than half of which are solely authored.


Since 2008, Dr. Sonfield has published ten articles in high-level academic research journals and 26 papers in the proceedings of major academic conferences. Several of his publications have won awards. Most recently his journal article, “Non-Family-Members in the Family Business Management Team: A Multinational Investigation” received the 2010 Zarb School Dean’s Research Award, and a paper from which this article was developed was named the “Best Empirical or Conceptual Paper” at the 2010 Annual National Conference of the Small Business Institute. His 2004 article, “First, Second and Third-Generation Family Firms: A Comparison,” published in the highly-ranked journal, Family Business Review, was named “one of the most influential readings in the field of family business” for the period 1991-2005. He has also occasionally published in applied, rather than scholarly, journals, including two articles in the Harvard Business Review.


Dr. Sonfield’s present research activity involves the continuing development of an international database of family firms, currently numbering over 700 businesses in eight countries throughout the world. This database, which continues to grow, provides a wide range of information on which to base his future research projects.

Accomplishments of Zarb Faculty and Students

Dr. Ralph S. Polimeni
Dr. Ralph Polimini


Dr. Ralph S. Polimeni, Professor of Accounting, Taxation and Legal Studies in Business, Named Zarb Teacher of the Year


Graduating students of the Zarb School of Business selected Dr. Ralph S. Polimini as Teacher of the Year. Dr. Polimeni, Hofstra professor of accounting, holds the Chaykin Endowed Chair in Accounting. Prior to his current position, Dr. Polimeni served as vice provost for accreditation and assessment; dean of the Zarb School of Business; chair of the Accounting, Taxation and Legal Studies in Business Department; and director of the Chaykin CPA Review Program at Hofstra. Dr. Polimeni is a past recipient of the University's Teacher of the Year award. He holds a Ph.D. in business with a major in accounting, and is a certified public accountant in New York State as well as a certified cost analyst.



Dr. Polimeni is the co-author of numerous textbooks, some of which have been translated into foreign languages and are used internationally. He has also been published in accounting and business journals. Specializing in financial and managerial accounting, Dr. Polimeni worked for a "Big Four" public accounting firm; was chair of the Nassau County Audit Advisory Committee; and served on a financial task force for the City of New York. He has also been a consultant to several accounting and law firms.




Beta Gamma Sigma Holds Annual Induction Ceremony


On April 28, 2010, 39 undergraduate and 30 graduate students were inducted into the Theta of New York Chapter of Beta Gamma Sigma, the international honor society serving business programs accredited by AACSB International. Dr. Laura Lally, associate professor, Department of Information Technology and Quantitative Methods is the faculty advisor for the Theta Chapter and served as master of ceremonies at the induction event. In addition, Dr. Nathan S. Slavin, professor and chair, Department of Accounting, Taxation and Legal Studies in Business, and Dr. Kaushik Sengupta, associate professor, Department of Management, Entrepreneurship and General Business, were recognized as chapter honoree and faculty inductee, respectively. Membership in Beta Gamma Sigma is the highest recognition a business student anywhere in the world can receive in a business program accredited by AACSB International.





Zarb student inductee Meghan Diver and her mother
Zarb student inductee Meghan Diver and her mother
Beta Gamma Sigma Holds Annual Induction Ceremony Image 1
Dr. Kaushik Sengupta
Beta Gamma Sigma Holds Annual Induction Ceremony Image 2
Dr. Nathan Slavin
Beta Gamma Sigma Holds Annual Induction Ceremony Image 3
Dr. Laura Lally



Debra Comer
Dr. Debra Comer


Dr. Debra Comer Appointed Associate Editor of the Journal of Management Education


Dr. Debra Comer, professor of management, entrepreneurship and general business, was recently appointed associate editor of the Journal of Management Education. The Journal of Management Education (JME) is dedicated to “enhancing teaching and learning in the management and organizational disciplines.” Dr. Comer has published extensively in the areas of individual and group behavior in organizations, organizational socialization, organizational politics, workplace drug testing, workplace diversity and experiential learning.





Special Issue of the Journal of Management Development Dedicated to Dr. Harold Lazarus



This summer, Dr. Harold Lazarus, the Mel Weitz Distinguished Professor in Business, will have a special issue of the Journal of Management Development published in his honor.


Dr. Lazarus joined the Hofstra faculty in 1952 and taught business courses for 12 years. Subsequently, he served as professor of management for 10 years at the New York University Graduate School of Business Administration, where he received an award for teaching excellence. He returned to Hofstra University in 1973 to serve as dean of the Zarb School. He was also president of the North American Management Council, president of the Middle Atlantic Association of Colleges of Business Administration, and president of the Eastern Academy of Management. He is a fellow of the International Academy of Management.


Dr. Lazarus earned a B.A. in economics from New York University and an M.S. and Ph.D. from Columbia University. He was voted "Teacher of the Year" twice by Zarb graduate students and has lectured extensively in Asia, Europe, and North and South America.




Elaine Winston

Dr. Elaine Winston


Dr. Elaine Winston Receives Best Paper Award


Dr. Elaine Winston, associate professor, Department of Information Technology and Quantitative Methods, was awarded the Best Research Paper award at the Global Information Technology Management Association World Conference in Washington, D.C., in June. Her winning paper was titled “Information Technology Innovation: Implementing an Electronic Medical Record.”






Salvatore Sodano Presents Dean’s Service Awards


At the final faculty meeting of the 2009-2010 academic year, Dean Salvatore Sodano presented the Dean’s Service Awards to Dr. Anoop Rai, professor of finance; Professor Gioia P. Bales, assistant dean; and Ms. Claudia Filiault, administrative assistant.




Sal Sodano, Gioia Bales and Anoop Rai

Sal Sodano, Gioia Bales and Anoop Rai

Claudia Filiault

Claudia Filiault





Zarb School’s first class of M.B.A. graduates with Dean Sodano (far left) and Vice Dean Mathur (far right)

Zarb School’s first class of M.B.A. graduates with

Dean Sodano (far left) and Vice Dean Mathur (far right)


The Zarb School’s First Class of Full-Time MBAs Graduates


On May 14, 2010, the Zarb School of Business hosted a luncheon to celebrate the graduation of its first class of full-time M.B.A. students, a highly accomplished group from all over the world. As students, they participated in an extensive career management program that included an executive speaker series. These graduates have secured positions in top public accounting, health care, financial advisory and consumer products organizations.





Beta Alpha Psi Hosts Spring Induction Dinner


The spring induction dinner of Beta Alpha Psi was held on May 6, 2010, at The Swan Club in Glenwood Landing, New York. Sponsored by PricewaterhouseCoopers, LLP, the event included the induction of 20 new members. Dr. Nathan S. Slavin, chairperson, Department of Accounting, Taxation and Legal Studies in Business, welcomed guests. Arielle T. Geffner, president of the Delta Pi chapter, introduced the keynote speaker, John P. Lane, tax leader, PricewaterhouseCoopers, LLP. In addition, 19 scholarships were awarded to Zarb students.


Officers of Beta Alpha Psi with faculty advisor Linda Schain (far left)
Nathan Slavin and John Lane



Marketing Students Place Third in American Marketing Association Case Study Competition

Zarb students at American Marketing Association

convention with faculty advisor Rick Wilson (far right)


Marketing Students Place Third in American Marketing Association Case Study Competition


On April 10, 2010, students from Hofstra's chapter of the American Marketing Association (HAMA) were awarded third place honors in the final round of the parent organization's annual International Collegiate Case Competition. Ranking in the top 20 of 190 student chapters, HAMA was also named an outstanding chapter. More than 40 schools participated in this year’s competition, and only 10 were invited to the final round in New Orleans. Students were challenged to develop a marketing plan for UNICEF’s Tap project, a program designed to raise awareness of the world’s water crisis. The Hofstra team included Erin Dahms, Courtney Flannigan, Stephanie Grabbe, Sweta Govani, Joanna Rubenstein, Valerie Reimer, Jill Reinholt, Jenn Sacks, Charli Shafiroff and Katie Sullivan.






Members of Hofstra’s chapter of the American Marketing Association

Members of Hofstra’s chapter of the

American Marketing Association


Hofstra Chapter of the American Marketing Association Wins Best Pre-Professional Club Award


HAMA, the Hofstra chapter of the American Marketing Association, was named “Pre-Professional Club of the Year” at the Hofstra Student Leadership Awards held on May 5, 2010. Nominated by the Office of Student Leadership and Activities, HAMA was described as “priding itself on developing the best marketing students at Hofstra University by providing opportunities for growth that include on- and off-campus conferences, workshops and speakers.”






Graduate Finance Students Participate in ACG Cup With Other Prestigious Business Schools


Graduate finance students from the Zarb School participated in the Association for Corporate Growth (ACG) New York Chapter’s ACG Cup, a case study competition designed to bring together the brightest M.B.A. students and provide them with real-world experience and invaluable insights into mergers and acquisitions (M&A), investment banking, financial advisory and private equity by giving them access to leading practitioners in those fields. The competition was held on April 22, 2010, at the offices of Legg Mason in New York and was the culmination of a series of intra-school competitions. M.B.A. students representing Baruch, Cornell, Fordham, Hofstra, New York University and Pace presented valuation, capital markets and M&A strategic advice to a panel of seasoned M&A professionals from the ACG community, including professionals from CapX Partners, Fidus Capital Partners, Grant Thornton, Houlihan Lokey, Legg Mason, Villani Advisors and Venable. ACG New York is the premier New York membership organization that facilitates relationship-building and focused education for middle market deal-making professionals in the world’s financial market.




Hofstra’s NABA case study team

Hofstra’s NABA case study team


Zarb Students Participate in NABA and Deloitte Third Annual Case Study Competition


Hofstra’s chapter of the National Association of Black Accountants (NABA) participated in NABA’s third annual case study competition. The competition, sponsored by Deloitte & Touche LLP, is an opportunity for students to discuss relevant case studies in accounting drawn from practical challenges. The seminar included analyses and research of technical issues, problem solving, group dynamics, presentation skills, interpersonal skills and client-auditor interactions. The Zarb team consisted of Saudia Thomas (Accounting, '10); Ivana Williams (Accounting, '10); Ricardo Romero (Finance, '10); Dominique Charles (Legal Studies in Business, '10); Joseph Gilles (Accounting, '11) and Brittany Hinds (Accounting, '12). The Zarb team was commended by the judges for its presentation.





Zarb Graduate Students Participate in Derivatives Program at Rotterdam School of Management


Zarb Graduate Students Participate in Derivatives Program at Rotterdam School of Management


In January 2010 Diane Taylor and Shiyao He, Zarb graduate finance students, attended the Rotterdam School of Management (RSM) at Erasmus University for an intensive derivatives course taught by RSM faculty as part of the Hofstra-RSM exchange program. They joined a group of international students enrolled in the Masters in Financial Management program (MFM), a one-year, intensive program offered by RSM. The Rotterdam School of Management has been consistently ranked as one of the top 10 M.B.A. schools in Europe.






Hofstra exchange students in Amsterdam

Hofstra exchange students in Amsterdam


Zarb Undergraduates Receive Scholarships to Study at the University of Amsterdam


As part of an exchange program, five undergraduate students from the Zarb School received full tuition scholarships to study at the University of Amsterdam during the 2010-2011 academic year. Katherine Chlosta, a business economics major and information technology minor, will attend the University of Amsterdam for the full year. Teng Leong and Nicholas Carbone, both finance majors, will study during the fall 2010 semester, while Brian Ross, an entrepreneurship major, and Michael Calabro, an accounting major with a minor in legal studies in business, will study during the spring 2011 semester.


Six University of Amsterdam students will study at Hofstra University. Bas Jongerius and Nynke Slegten will study at Hofstra in fall 2010. Annelot Jonges, Tim-Patrick Limmer, Susan Sjouwerman and Katla Visser will study in spring 2011.




Zarb students in China

Zarb students in China


Zarb Students Study in China During Summer 2010


Seven Zarb graduate and undergraduate students, accompanied by Professor Yong Zhang of the Department of Marketing and International Business, studied in China in June 2010. The Zarb School’s program in China offers students the opportunity to integrate their knowledge of international business and marketing gained in the classroom by exposing them to the real-life business environment in China. Through such field experiences, students gain valuable experiential insights and perspectives that enhance and supplement their learning at Hofstra University. Students explored international marketing and business in two stages, attending three weeks of classes on campus and then traveling to China to experience the subject first hand. Students visited businesses and learned about business practices in China. Local scholars and company personnel gave guest lectures as part of the program.





Members of the Hofstra Business Consulting Group

Members of the Hofstra Business Consulting Group


Hofstra Business Consulting Group Secures Exciting, New Projects


The Hofstra Business Consulting Group (HBCG), a select team of top M.B.A. and M.S. students providing consulting services to Long Island- and New York City-based businesses, increased its client base by 75 percent during the 2009-2010 academic year. New projects include the crafting of a strategic business plan for Nassau County’s new children’s museum. In addition, the group has established a long-term partnership with the Lightship Consulting Group, which will provide HBCG with projects year-round.






Participants in the Long Island Real Estate Group Internship Program

Participants in the Long Island Real

Estate Group Internship Program


Hofstra Students Participate in Long Island Real Estate Group Internship Program


During the spring 2010 semester, the Long Island Real Estate Development Group (LIREG) sponsored Real Estate @Work – an exciting internship opportunity for Zarb undergraduate students. First offered in fall 2009, the Real Estate @Work program is designed to expose students to the many facets of the real estate business as they prepare for their careers. In the spring, eight Hofstra students participated in this rotational program. Students rotated among 24 companies, including law firms, developers, title companies, engineers, architects, banks and marketing companies.






Zarb M.B.A. Student Receives Astoria Scholarship


Binyamin Rosenbaum, a first-year student in the full-time M.B.A. program, was awarded the Astoria Federal Savings Bank Scholarship for the spring 2010 semester. Mr. Rosenbaum’s concentration is real estate.

Highlights of Recent Events

(Lisa Kellerman, associate director, Zarb Graduate Career Services, contributed to this section.)

The following business-related events were sponsored by Hofstra University, the Zarb School, or another Hofstra entity.

February 2010

Zarb graduate students at welcome reception
Zarb graduate students at welcome reception

February 3: Zarb Graduate Business Career Services Hosts Welcome Back Reception

The graduate student organizations of the Zarb School of Business hosted a welcome reception and club membership drive. New students were encouraged to join one of the 14 active Zarb graduate student organizations.

February 12: Zarb Asian Students Association Celebrate Chinese New Year

The Zarb Asian Students Association (ZASA) organized an exceptional Year of the Tiger celebration for students, faculty and administrators. Ethnic dances, traditional food and, of course, the Lion Dance were enjoyed by all!

February 19: Zarb Women in Business Attend the 17th Annual Conference of Columbia Women in Business

The members of Zarb Women in Business attended the 17th Annual Conference of Columbia Women in Business (CWIB), Redefining Business, Reinventing Yourself. The keynote speaker at the event was Mary Beth West, executive vice president and chief marketing officer, Kraft Foods. Zarb students networked with executives from companies such as Deloitte Consulting and Thomson Reuters.

February 20 and 21: Hofstra Investment Banking Association and Graduate Finance Association Sponsor Financial Modeling Seminar for Students

The Hofstra Investment Banking Association, in conjunction with the Graduate Finance Association, sponsored a seminar on financial modeling and corporate valuation by Wall Street Training. The two-day even took place at C.V. Starr Hall, on the South Campus of Hofstra University. The seminar helped students acquire knowledge about investment banking fundamentals and nuances, valuation modeling and advanced Microsoft Excel skills.

March 2010

Zarb students with Chaundra Daniels, assistant director of the Career Center (far left); Luke Ng, Zarb adjunct associate professor (5th from left); Carla Harris and Fred Burke, executive director of the Career Center
Zarb students with Chaundra Daniels, assistant director
of the Career Center (far left); Luke Ng, Zarb adjunct
associate professor (5th from left); Carla Harris and
Fred Burke, executive director of the Career Center

March 2: The Career Center and Zarb’s M.B.A./M.S. Black and Hispanic Association Present Carla Harris, Author of Expect to Win: 10 Proven Strategies for Thriving in the Workplace

The M.B.A./M.S. Black and Hispanic Association, in conjunction with the Student Government Association, invited Carla Harris to share with students her insights and experiences on how to successfully navigate a Wall Street career. Ms. Harris is managing director in the Institutional Advisory Group at Morgan Stanley Investment Management.

Zarb graduate students with Lisa Kellerman, associate director of Graduate Business Career Services (far left) and Barbara Church-Kattan, director of Graduate Business Career Services (far right)
Zarb graduate students with Lisa Kellerman,
associate director of Graduate Business
Career Services (far left) and Barbara
Church-Kattan, director of Graduate
Business Career Services (far right)

March 10:The Hofstra Graduate Finance Association Hosts an Executive Speaker Career Networking Night

Graduate business students enjoyed an evening of career informational networking with alumni and other professionals. The cocktail reception was sponsored by Zarb Women in Business, the Graduate Finance Association, the Human Resource Management Association and the Graduate Marketing Association.

March 19:American Society for Quality and the Zarb School Present Fourth Annual Lean Six Sigma Symposium

The Long Island Section of the American Society for Quality (ASQ-LI) and the Zarb School co-sponsored the fourth annual Lean Six Sigma symposium. This year’s conference, Process and Quality Improvements Through Lean Six Sigma, explored how improvements, even in a difficult economy, can be accomplished by utilizing the people, processes and performance already existing in every organization. Senator Malcolm Smith delivered the keynote address on how government, industry and academic institutions can work together to achieve sustainable growth.
Zarb graduate students with Lisa Kellerman , associate director of Graduate Career Services (far left)
Zarb graduate students with Lisa Kellerman ,
associate director of Graduate Career Services (far left) and Jiyun Wu, assistant professor, Department of Management, Entrepreneurship, and General Business (far right)

March 23: M.B.A./M.S. Corporate Social Responsibility Association Sponsors “Take the Oath” Pledge Drive

The Zarb M.B.A./M.S. Corporate Social Responsibility Association organized a pledge drive to heighten awareness about corporate social responsibility. Association members encouraged approximately 100 students and faculty members to sign an oath committing to socially responsible behavior.

(from left) Kenneth Brodlieb, Helene Fortunoff, Sal Sodano, Dave McQueary, Norman Goldberg and Alan Kelly, vice president for development and alumni relations
(from left) Kenneth Brodlieb, Helene Fortunoff,
Sal Sodano, Dave McQueary, Norman Goldberg and Alan Kelly,
vice president for development and alumni relations

March 24: Zarb School Hosts Does It Pay to Be in a Family Business?

The Frank G. Zarb School of Business hosted this round-table discussion of effective strategies to run a family-owned business. Guest speakers Helene Fortunoff, Kenneth Brodlieb, Dave McQueary and Norman Goldberg shared their personal experiences with successful family business and how to structure job responsibilities among family members.

Rudolphe Remy (M.B.A. ‘10) and Andrew Corrado
Rudolphe Remy (M.B.A. ‘10) and Andrew Corrado

March 24: Frank G. Zarb School of Business Executive Speaker Series Presents Andrew Corrado, Capital One Bank Market President, Nassau County, Senior Vice President and Senior Private Banker

Zarb Graduate Business Career Services, with sponsorship from the Graduate Finance Association, invited Mr. Corrado, a Zarb M.B.A. alumnus, to discuss “Business Leadership Strategies in Today’s Economy.” Mr. Corrado’s presentation provided students with a comprehensive approach to leadership development. Students left with an understanding of how to cultivate the skills needed to help them become business leaders.
Mr. Corrado is focused on continuously improving the Capital One Bank customer experience, growing revenue and leveraging market opportunities. He plays a critical role in overseeing and coordinating company resources to help ensure that Capital One Bank is making a meaningful contribution to local communities. Mr. Corrado graciously offers assistance to the Zarb School by providing exceptional opportunities to develop our business students’ skills.
Joel Simkins (B.B.A. ’98) and Joseph March (B.B.A. ’10)
Joel Simkins (B.B.A. ’98) and Joseph March (B.B.A. ’10)

March 24: Joel Simkins (B.B.A. ’98), Associate Director and Senior Gaming and Leisure Analyst at Macquarie, Addresses Zarb Students

Joel Simkins (B.B.A. ’98) discussed equity analysis with Zarb students. The event, sponsored by Hofstra's Financial Management Association (FMA), was held at the Martin B. Greenberg Trading Room. Mr. Simkins, FMA’s president in 1998, also described his career progression and advised students on negotiating a difficult job market.


April 2010

U.S. Senator Charles Schumer
U.S. Senator Charles Schumer

April 9: U.S. Senator Charles Schumer Speaks to Small Business Owners at Hofstra

U.S. Senator Charles Schumer spoke to small business owners at the Hofstra University Club. The event was co-sponsored by the Nassau Council of Chambers of Commerce, Hofstra’s Scott Skodnek Business Development Center and Continuing Education.

April 9: Zarb Corporate Social Responsibility Association, in Conjunction With Team M.B.A., Participate in Junior Achievement Day

Zarb’s Corporate Social Responsibility Association (CSRA) worked in collaboration with Junior Achievement to hold a day of learning for local school children. The curriculum centered on business courses.

April 9: The Indian Students Association Hosts Holi Festival

The Indian Students Association hosted the Rang-A-Rang Holi event, at which students, faculty and administrators celebrated the festival of colors. The festival has an ancient origin and celebrates the triumph of “good” over “bad.” On this day, people hug and wish each other “Happy Holi.”
Zarb graduate students at Holi festival. Zarb graduate students at Holi festival with James Neelankavil, the Robert E. Brockway Endowed Distinguished Professor in Marketing (2nd from right)
Zarb graduate students at Holi festival.
Zarb graduate students at Holi festival with James Neelankavil, the Robert E. Brockway Endowed Distinguished Professor in Marketing (2nd from right)

April 13: The Career Center and IMPACT Sponsor “G, The Word Globalization”

Marc Barnes, principal, KPMG, was the keynote speaker at a seminar for students on the powerful impact of globalization on businesses today. At KPMG, Mr. Barnes is responsible for enhancing global awareness among KPMG’s client service team, and he regularly hosts delegations of government officials and business executives from emerging economies.

April 14: Executive Speaker Series Presents Leonard Santalucia, Chief Technology Officer, Vicom Infinity, Inc.

The Executive Board of Visitors of the Information Technology/Quantitative Methods Department and the Hofstra Information Technology Association presented Leonard Santalucia, chief technology officer and business development officer of Vicom Infinity, Inc. Mr. Satalucia, a 27-year IBM veteran, spoke on “Changing Landscape of Legacy Systems.”

Brian Ruane
Brian Ruane

April 15: BNY Mellon Hosts Zarb Alumni Networking Event

Brian Ruane (M.B.A. ’95), chief executive officer, BNY Mellon, Alternative Investment Services, spoke on “The Importance of Building Relationships During Transformational Times,” at a Zarb Alumni Association cocktail reception hosted by BNY Mellon at its New York City headquarters.

April 16: M.B.A./M.S. Marketing Association Hosts Alumni Networking Event

The M.B.A./M.S. Marketing Association brought together Hofstra alumni and students to connect and build professional relationships within the marketing field.

Zarb Advertising Club students present t-Shirt to Michael Wach
Zarb Advertising Club students
present t-Shirt to Michael Wach

April 21: The Hofstra Advertising Club Presents Michael Wach, Senior Vice President, YES Network

Michael Wach (B.A./M.A.), who oversees all national, regional and local advertising sales for the YES Network, spoke to Zarb undergraduate students.

April 21: National Association of Black Accountants Annual Membership Appreciation Dinner

The Hofstra student chapter of the National Association of Black Accountants (NABA) hosted its third annual membership appreciation dinner. Saudia Thomas (B.B.A. ’10, accounting), NABA president, welcomed guests and introduced the keynote speaker, Geoff Cooper, PricewaterhouseCoopers (PwC). Mr. Cooper, recipient of the 2009 PwC Chairman’s Award, addressed the important issue of social responsibility in business.
Members of NABA NABA students with Deb Sledgianowski, assistant professor, Department of Accounting, Taxation and Legal Studies in Business
Members of NABA
NABA students with Deb Sledgianowski, assistant professor, Department of Accounting, Taxation and Legal Studies in Business

Executive Board of Visitors
Executive Board of Visitors

April 21: 2010 Information Technology Executive Board of Visitors Mixer

The Information Technology/Quantitative Methods (IT/QM) Department of the Zarb School of Business held its annual Executive Board of Visitors Mixer. The Executive Board of Visitors serves as an advisory group to the IT/QM Department for long-term planning and curriculum development. It is composed of senior-level IT executives from organizations such as North Shore-LIJ Health System, Group Health Inc., Emblem Health.com, AmeriGroup, Discovery Communications, RCG Information Technology, Cablevision, Cable & Wireless International, Kanebridge and Frequency Electronics. Three distinguished IT professionals spoke at the event, which was attended by more than 75 Zarb students, faculty and administrators and other IT professionals. The keynote speaker was Christopher Dressler, vice president, enterprise architecture, Cablevision. Dr. Tom Fitzpatrick, client account executive, health care & public administration, IBM, spoke on “Healthcare and Information Technology,” and Jonathan Ezor, Touro Law School, addressed “Social Media and the Law.”

April 28: Hofstra University Chapter of GARP Hosts Meeting on Volatility Derivatives and Correlation Trading

The Hofstra chapter of GARP, the Global Association of Risk Professionals, and Hofstra Quants & Traders hosted an informational meeting at Hofstra’s Martin B. Greenberg Trading Room. Ram Meenakshisundaram (M.B.A. ’08), development manager, OpenLink Financial Inc., spoke on “Volatility Derivatives and Correlation Trading.” GARP, the leading association dedicated to the advancement of the risk profession, established a college chapter at Hofstra in 2008 – one of only eight college chapters globally.

April 29: Annual Finance Department Alumni Recognition Dinner

Brooke Richartz (B.B.A. ’04; M.B.A. ’08) received the Alumni Recognition Award at this year’s dinner, which was jointly sponsored by the Financial Management Association, the Hofstra Graduate Finance Association, Hofstra Investment Banking Association, and Hofstra Quants & Traders. Ms. Richartz is an active member of the Zarb Alumni Association and heads ZAAP, the Zarb Alumni Adviser Program, which teams alumni advisers with student organizations.
Zarb student inductee Meghan Diver and her mother Beta Gamma Sigma Holds Annual Induction Ceremony Image 1
(from left) Nancy White, chair, Department of Finance; Ehsan Nikbakht, professor, Department of Finance; Rudolphe Remy (M.B.A. ’10) and Edward Zychowicz, professor, Department of Finance
Zarb graduate students with Bill Agressi (B.B.A. '78) (center)
Beta Gamma Sigma Holds Annual Induction Ceremony Image 2 Beta Gamma Sigma Holds Annual Induction Ceremony Image 3
Zarb graduate students with Brooke Richartz (B.B.A. ’04; M.B.A. ’08) (far left)
(from left) Rudolphe Remy (M.B.A. ’10), Brooke Richartz (B.B.A. ’04; M.B.A. ’08), Gioia Bales, Zarb School assistant dean and Joseph March (B.B.A. ’10)
Beta Gamma Sigma Holds Annual Induction Ceremony Image 2 Beta Gamma Sigma Holds Annual Induction Ceremony Image 3
Zarb students with alumni
(from left) Raffaello Curtatone (M.B.A. ’08); Amy Reich, director for alumni affairs; Lisa Kellerman, associate director, Graduate Business Career Services and Sonam Bhambri, M.B.A. student
Zarb graduate students with Ed Sliwinski (third from left)
Zarb graduate students with Ed Sliwinski (third from left)

April 30: Zarb Human Resource Management Association Holds Induction Ceremony

Ed Sliwinski, New York State Council director of college relations of the Society for Human Resource Management (SHRM), inducted the officers of the Zarb Graduate Human Resource Management Association into the newly recognized SHRM Hofstra Student Chapter. The chapter now is affiliated with the International Society of Human Resource Management, and members will attend Long Island SHRM programs and events throughout the year, introducing Zarb students to other human resource professionals.

April 30: Zarb Undergraduate Student Leaders Honored at Luncheon

The Zarb Student Leadership Council celebrated its accomplishments at a luncheon at the Hofstra University Club. Dean Salvatore Sodano presented each student with a book on leadership. The Leadership Council was formed in fall 2009. Leaders from each of the 15 Zarb undergraduate organizations meet periodically to coordinate activities and discuss ways to improve the Zarb School.
Zarb undergraduate student leaders with Brooke Richartz (B.B.A. ’04; M.B.A. ’08) (back row; 2nd from right) Former dean Salvatore Sodano
Zarb undergraduate student leaders with Brooke Richartz (B.B.A. ’04; M.B.A. ’08) (back row; 2nd from right)
Former dean Salvatore Sodano


May 2010

Lisa Kellerman, associate director of Graduate Business Career Services (center) with Zarb graduate student leaders
Lisa Kellerman, associate director of Graduate Business Career Services (center) with Zarb graduate student leaders

May 7: Graduate Student Advisory Dinner

To honor the graduating e-board members of student organizations, Zarb Graduate Business Career Services organized a dinner and recognized graduating students. Special recognition was given to several officers for their dedication to the student organization.


(from left) Joshua Mitgang (B.B.A. ’10); Allison Calabrese (B.B.A. ’10); Gary Perlin; Hofstra President Stuart Rabinowitz and Jonathan Monahan, Zarb student
(from left) Joshua Mitgang (B.B.A. ’10); Allison Calabrese (B.B.A. ’10); Gary Perlin; Hofstra President Stuart Rabinowitz and Jonathan Monahan, Zarb student

May 12: Scott Skodnek Business Development Center Presents Gary Perlin, Chief Financial Officer, Capital One

As part of its Distinguished Lecture Series, the Scott Skodnek Business Development Center presented Gary Perlin, chief financial officer, Capital One, who spoke about prospects for the economy after the financial crisis.

May 13: Capital One Hosts Alumni Networking Reception Featuring Nassau County Executive Edward Mangano

The Zarb Alumni Association sponsored a networking reception hosted by Capital One. The event was held at Capital One’s Melville headquarters and featured Nassau County Executive Edward Mangano (B.A. ’84; J.D. ’87). Mr. Mangano discussed the challenges facing the new county government, including the difficulties associated with real estate assessments.
Reginald Andre (center) with other Zarb alumni Nassau County Executive Edward Mangano (center) with Zarb alumni
Reginald André (B.B.A. '04) (center) with other Zarb alumni
Nassau County Executive Edward Mangano (center) with Zarb alumni


June 2010

June 9: Hofstra Hosts Careers in Business 2010: Opportunities and Challenges

Hofstra invited members of the community to Careers in Business 2010: Opportunities and Challenges. Panelists Dr. Joel Evans, RMI Distinguished Professor of Business; Gary Huth, principal economist, New York State Department of Labor; Barbara Church-Kattan, director of Zarb Graduate Business Career Services; and Fred Burke, executive director of The Career Center discussed job market trends and how to prepare for a fulfilling career in business. They encouraged the audience to capitalize on the opportunities that change presents.
(from left) Alan Eidler, President and CEO Spiegel Associates, Mark Cuthbertson, Councilman, Town of Huntington, Stuart Rabinowitz, President, Hofstra University, Marilyn Monter, Chair, Hofstra Board of Trustees, Milton Cooper, Executive Chairman, Kimco Realty Corporation, Wilbur F. Breslin, President, Breslin Realty Development Corp. and Richard V. Guardino, Jr., Executive Dean, Wilbur F. Breslin Center for Real Estate Studies
(from left) Alan Eidler, President and CEO, Spiegel Associates, Mark Cuthbertson, Councilman, Town of Huntington, Stuart Rabinowitz, President, Hofstra University, Marilyn Monter, Chair, Hofstra Board of Trustees, Milton Cooper, Executive Chairman, Kimco Realty Corporation, Wilbur F. Breslin, President, Breslin Realty Development Corp. and Richard V. Guardino, Jr., Executive Dean, Wilbur F. Breslin Center for Real Estate Studies

June 15: The Institute of Real Estate Presents Milton Cooper

At its fourth annual luncheon, the Institute of Real Estate of the Wilbur F. Breslin Center for Real Estate Studies at Hofstra University presented a keynote address by Milton Cooper. Mr. Cooper is a founding member of Kimco and executive chairman of Kimco Realty Corporation, a real estate investment trust that owns and operates the largest portfolio of neighborhood and community shopping centers in North America.
This annual luncheon brings together the leadership of the real estate community and offers them the opportunity to interact with some of the most powerful and influential thinkers in economic development and real estate.