Thursday, March 11, 2010

A Message From Dean Salvatore F. Sodano

In the last newsletter, I reflected on the significant progress made in three areas crucial to the continued success of the Zarb School: national rankings, alumni relationships and graduate programs. I am pleased to report that during the fall 2009 semester, faculty, students, administrators, staff and alumni jointly contributed to even greater progress on these priorities. In addition, important initiatives are now in place to enhance the Zarb student experience on both the graduate and undergraduate levels.

When I became dean more than three years ago, despite the undeniable strength of our programs, the Zarb School was not ranked in any meaningful way. Today, the caliber of our school has been formally recognized by BusinessWeek, U.S. News and World Report, The Princeton Review and Forbes, which recently ranked the Zarb M.B.A. program #51 in their listing of the top 75 M.B.A. programs based on return on investment. (For a complete listing of our rankings, see hofstra.edu/zarb.) Our alumni network, bolstered by the efforts of the newly reorganized Zarb Alumni Association, has significantly expanded networking activities for alumni and students. Two alumni networking events were held during the fall 2009 semester (see Highlights of Recent Events). More importantly, Zarb alumni have generously donated their time and expertise to mentor students by participating in resume reviews, mock interviews and discussion groups. A dedicated alumni group headed by Reginald Andre (B.B.A., ’04) has formed ZAAP – The Zarb Alumni Advisor Program – which collaborates with undergraduate organizations to assist students in career planning (see Dedicated Group of Alumni Form ZAAP).  In addition, we continue to attract accomplished students to our graduate programs. The 59 students in the second cohort of our full-time, day M.B.A. program form a talented and diverse group with an average GMAT of 611 and 3.32 grade-point average. Close to 70 percent are international students from countries such as China, India, Greece and Russia.

Enhancing the total student experience has been a major focus at the Zarb School. We kicked off the fall semester with the Zarb Welcome Back Barbecue where more than 250 students enjoyed socializing with friends, faculty, administrators and alumni. During the fall semester, the Zarb Student Leadership Council was formed, capitalizing on the enormous leadership potential of our undergraduate students. Three new undergraduate and two graduate student organizations were formed bringing the total number of groups to 17 and 16, respectively.

We continue to complement our curriculum with a cutting-edge Executive Speaker Series, where students have the opportunity to interface with leading industry professionals. In response to the real estate crisis, the Zarb School ─ through The Center for the Study of International Financial Services and Markets and the Wilbur F. Breslin Center for Real Estate Studies ─ hosted Real Estate and Other Investments: 2009 and Beyond. The seminar featured Scott Rechler, chairman and chief executive officer of RXR Realty, Dr. Robert H. Edelstein, Maurice Mann chair in real estate, Haas School of Business at the University of California, Berkeley, and 10 other leading real estate professionals (See Highlights of Recent Events).

The Campus Entrepreneurial Challenge kicked off in September 2009, providing a unique opportunity for business students to gain a real-world perspective. Funded by Capital One, Zarb entrepreneurship students have teamed up with students from Uniondale High School to design and run their own businesses. The program concludes in May when judges from Capital One will assess the businesses’ success.

Hofstra University marks its 75th anniversary in 2010. As part of this celebration, the Zarb School will host a major conference: Social Responsibility in Business in the 21st Century. Slated for December 1, 2010, a group of high-profile speakers from industry, government and academia will address the crucial issues impacting this very timely issue. Gerald Hassell, president of the Bank of New York; Heidi Hartmann, president of the Institute for Women’s Policy Research; and Scott Rechler have confirmed their participation. We hope you will join us.

Spotlight on Alumni: Tony Stupore (B.B.A. '81)

Zarb Alumnus Tony Stupore (B.B.A. '81) Heads Deloitte Team Tallying Votes for Pro Football Hall of Fame 2010

Since the National Football League was founded in Canton, Ohio in 1920, there have been more than 20,000 professional football players. Only 253 of them have earned a place in the Pro Football Hall of Fame. On February 6, 2010, seven new names were added to that list: Russ Grimm, Rickey Jackson, Dick LeBeau, Floyd Little, John Randle, Jerry Rice and Emmitt Smith.

For the past six years, Deloitte & Touche LLP has tallied the votes for selection into the Pro Football Hall of Fame. Deloitte also serves as the auditor for the NFL as well as a half dozen individual teams.

The Hall’s 44-person Board of Selectors met — the day before Super Bowl XLIII — to elect the new class. The Board consists of one media representative from each pro football city, with two from New York (for each of NYC’s NFL teams). A 33rd member is a representative of the Pro Football Writers of America, and there are 11 at-large delegates.

Members of Deloitte’s NFL engagement team, along with some help from the local offices, began their day at 7:00am. The Board initially narrowed the field down to 15 finalists prior to Saturday. Deloitte representatives then tallied the votes after each round until the final inductees were selected. Shortly after the conclusion of the meeting, at a live, televised press conference, Deloitte Lead Client Service Partner Tony Stupore handed the envelope to the Hall’s president and executive director, Steve Perry, who revealed the newest enshrinees.

Tony Stupore has over twenty-eight years of public accounting experience with Deloitte & Touche LLP. He has rendered services to various business segments including cable, media, manufacturing, publishing, private equity, retail, technology, financial institutions and service companies. Tony also leads Deloitte’s cable industry practice in the United States. Tony is a member of the New York State Society of Certified Public Accountants, American Institute of Certified Public Accountants. Tony also serves on the Advisory Board for the Department of Accounting, Taxation and Legal Studies in Business at the Zarb School.

Highlights of Zarb Conferences Now Available on DVD

The Zarb School prides itself on the caliber of the conferences and speaker series that it hosts. Every semester, leaders from business, government and academia visit the Zarb School, offering students, alumni and faculty the opportunity to learn from experts in their fields.

To further disseminate the valuable information presented at these programs, the Zarb School has created a DVD series. The following DVDs are now available. Please contact Gioia Bales at Gioia.P.Bales@hofstra.edu for copies.

International Financial Reporting Standards: Implementation and Progress by U.S. Companies
May 2009
featuring:
  • Peter Bridgman, Senior Vice President and Controller, PepsiCo, Inc.
  • Lizabethann R. Eisen, Partner, Cravath, Swaine & Moore LLP
  • Robert Gannon, Global Controller, News Corporation
  • Wayne Kolins, National Director of Assurance, BDO Seidman LLP
  • Joel Osmoses, Head of Global IFRS and Offerings Services, Deloitte & Touche LLP
  • Andreas Rothe, Global Controller, Parsons Brinckerhoff Inc.
  • Glenn W. Tyranski, Senior Vice President, Financial Compliance, NYSE Regulation

Dedicated Group of Alumni Form ZAAP – the Zarb Alumni Advisor Program

The Zarb Alumni Advisor Program ("ZAAP") is the Zarb Alumni Association program that partners undergraduate and M.B.A. student organizations with Zarb alumni who are professionals in those organizations' fields of interest. These Zarb alumni act as advisors to the student leadership, providing industry insights, career and leadership guidance and direct access to the expertise and resources of the entire Zarb Alumni Association. Under the direction of Brooke Ritchartz (B.B.A. '04, M.B.A. '08) ZAAP director, the Zarb Alumni Association has partnered with eight student organizations. Alumni advisors helped set up mock interviews, resume critiques, networking events and corporate visits. The program has received overwhelmingly positive feedback and is will include four additional student organizations by the end of this semester.

Zarb 
Alumni who participated in Resume Critique program from left: Namon 
Khokar (B.B.A. ’08); Robert Hammond (B.B.A.’07); Michael Kelly (B.B.A. 
’00); Anita Laljit (B.B.A. ’06); Reginald Andre (B.B.A. ’04); Omar Kwaja
 (B.B.A. ’04) and Steven Alves (B.B.A. ’07)
Zarb Alumni who participated in Resume Critique program
from left: Namon Khokar (B.B.A. ’08); Robert Hammond
(B.B.A.’07); Michael Kelly (B.B.A. ’00); Anita Laljit
(B.B.A. ’06); Reginald Andre (B.B.A. ’04); Omar Kwaja
(B.B.A. ’04) and Steven Alves (B.B.A. ’07)
Zarb Alumni Association Resume Critique Event
The Zarb Alumni Association hosted a resume critique event on Wednesday, February 3, 2010 at Hofstra's Career Center. Seven Zarb alumni individually meet with 42 students to critique their resumes. This was the second semester that the Zarb Alumni Association and the Hofstra Career Center have partnered to host a mock interview event. Given the significant student participation and positive feedback, this is expected to be a regularly-scheduled event every semester.

Zarb Alumni Association Mock Interview Event
The Zarb Alumni Association hosted a mock interview event on Wednesday, February 17, 2010 at Hofstra's Career Center. Twelve Zarb alumni conducted mock interviews with 38 students. This was the second semester that the Zarb Alumni Association and the Hofstra Career Center have partnered to host a mock interview event. This is also expected to become a regularly-schedule event.
Carissa Peluso (B.B.A. ’08) interviews Zarb student Daniel Benjamin (B.B.A. ‘74) interviews Zarb student
Carissa Peluso (B.B.A. ’08) interviews Zarb student
Daniel Benjamin (B.B.A. ‘74) interviews Zarb student
Christopher Pica (B.B.A. ’08) interviews Zarb student Michael Manno (B.B.A. ‘98) interviews Zarb student
Christopher Pica (B.B.A. ’08) interviews Zarb student
Michael Manno (B.B.A. ‘98) interviews Zarb student

MARK YOUR CALENDAR:
Zarb Alumni Association will host “Backpack to Briefcase” on Wednesday, March 18, 2010 from 6-8:00 p.m. in the Career Center

The Zarb School Offers Exciting New Study Abroad Opportunities

Hofstra in Budapest

The Hofstra in Budapest Program offers students the opportunity to utilize their classroom knowledge of international business and marketing in a business environment in a rapidly growing region of the world. Through field experiences, students gain valuable insights and perspectives that enhance and supplement their learning at Hofstra University. Excursions take students to sites related to the culture and methods of conducting business in Hungary. Undergraduate students enroll in Introduction to International Business (IB 150); graduate students, in International Marketing (MKT 220). Students attend classes on the Hofstra campus for three weeks prior to their trip to Budapest. For students who may have taken these courses, tutorials will also be offered. Accommodations are at a four-star hotel located on the Buda side of Budapest.
For more information regarding the Hofstra in Budapest Program, contact Professor Rick T. Wilson, Department of Marketing and International Business, at (516) 463-5175 or rick.t.wilson@hofstra.edu.

Hofstra Accounting 
in Rome Insert Poster

Hofstra Accounting in Rome

The Hofstra Accounting in Rome Program allows business, especially accounting, students entering their junior year to have a meaningful study abroad opportunity while keeping up with the sequence of courses in their major. Students take two courses during a five-week summer session that includes Financial Accounting Theory and Practice I (ACCT 123), required for all accounting majors and sometimes taken by finance students. This course is taught by a Hofstra accounting professor. For their second course, students may take any summer course offered by John Cabot University, a Middle States-accredited college located in Rome. All John Cabot University courses are taught in English. Students live in apartments in Rome and participate in trips and excursions that John Cabot University makes available to all visiting summer students.
For more information regarding the Hofstra Accounting in Rome Program, contact Professor Daniel Tinkelman, Department of Accounting, Taxation and Legal Studies in Business, at (516) 463-6993 or daniel.tinkelman@hofstra.edu.



For a complete listing of Zarb study abroad programs visit: hofstra.edu/Academics/Colleges/Zarb/zarb_abroad.html

Zarb’s Information Technology and Quantitative Methods Department Embarks on Exciting Initiatives

There are many new developments in Zarb’s Department of Information Technology and Quantitative Methods (IT/QM), including an enhanced curriculum, a cutting-edge speaker series, development of an IT board of visitors, internships and improved student services. In addition, this semester the department is hosting an IT showcase.
Curriculum: During the spring 2010 semester, the IT/QM Department is introducing dynamic new courses in two areas: data mining for business intelligence and IT in healthcare on both the graduate and undergraduate levels.

Data Mining:

  • Introduction to Data Mining for Business Intelligence: Undergraduate students learn the principles of data mining, including problem definition; exploratory data analysis; dimension reduction; consideration of alternative models; and calibration of models, evaluation and deployment. The course also includes coverage of the methods used for data mining such as classification and regression trees, neural network, association rules (market basket analysis), and clustering. The course uses specialized data mining software to implement steps involved in the data mining process.
  • Data Mining for Business Intelligence: Graduate students learn the fundamentals of business intelligence ─ the transformation of data into information and knowledge that facilitates organizational decision making to optimize performance and gain competitive advantage. Students learn to use structured data residing in company databases and employ mining techniques to discover hidden, useful information.

Information Technology in Healthcare:

  • Introduction to Health Care Information Technology: Health care information technology is the fastest-growing segment of the health care industry. Recent government initiatives are dedicating billions of dollars to this field to drive costs down through increased quality of care, decreased error rates, and more expedient claims adjudication, payments and fraud detection. Undergraduate students learn the technologies and policies that impact various stakeholders in the environment.
  • Quality Management and IT in Healthcare: This undergraduate-level course examines project management for health IT (HIT) projects and provides an overview of the processes specific to HIT as they relate to meeting regulatory standards and privacy concerns. Additionally the course discusses controls that are put in place for systems and how companies ensure quality of delivery.
  • Health Information Technology Architecture: This undergraduate-level course focuses on provider systems such as electronic medical records (EMR), including patient records, imaging and clinical assessments as well as back office applications. It delves more deeply into how patients can communicate with doctors while maintaining compliance with HIPAA regulations.
  • Web 2.0 Technologies for Health Information Management: This undergraduate-level course surveys Internet and Web 2.0 technologies that provide a platform for the collection and exchange of health information. The medical blogsphere, medical wikis, YouTube and the 3D virtual world community provide active formal and informal channels of communication among health care delivery personnel.
  • Use of Data Mining in Electronic Medical Records: Due to the increased utilization of EMR, large volumes of patient data are available to support managerial and clinical decision making and, thus, improve quality of care and reduce waste across the health services value chain. However, the application of data mining and analysis techniques is lacking by the majority of health care organizations. As a result, EMR databases remain an underutilized strategic resource. This graduate-level course explores data mining techniques that could potentially reduce costs, elevate quality and help health service providers remain competitive.

Executive Speaker Series:

Two seasoned IT executives addressed the Zarb community during the fall 2009 semester as part of the Executive Speaker Series.
John 
Eckman, senior director of Optaros Labs
Zarb M.B.A. student Jason Greenberg with John Eckman
On September 23, 2009, the IT/QM Department in conjunction with Graduate Business Career Services hosted John Eckman, senior director of Optaros Labs, who spoke to students, faculty and administrators on “How Businesses Leverage the Web.” Mr. Eckman has more than a decade of experience designing and building Web applications for organizations ranging from small, nonprofit organizations to Fortune 500 companies.
Senior 
Vice President/Chief Information Officer Stephen Bozzo of 
1-800-FLOWERS.COM
From left: Mohammed Tafti, chairperson of Information
Technology and Quantitative Methods Department;
Stephen Bozzo; Dean Sodano and John Affisco, professor
of information technology and quantitative methods
On October 28, 2009, Senior Vice President/Chief Information Officer Stephen Bozzo of 1-800-FLOWERS.COM delivered an interactive presentation on all aspects of IT planning, development, delivery management, infrastructure and e-commerce to more than 50 Zarb undergraduate and graduate students interested in IT-related careers. Prior to joining 1-800-FLOWERS.COM, Mr. Bozzo served as vice president and CIO of the International Division of MetLife Insurance Company, where he oversaw MetLife locations in 17 countries.
IT 
Executive Board of Visitors
IT Executive Board of Visitors with Dean Sodano and
faculty members

IT Executive Board of Visitors:

This board serves as a council to the IT/QM Department for long-term planning and curriculum development. It is composed of senior-level information technology executives from organizations, including 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. Our Visitors are unanimous in their belief that all organizations need graduates who understand how to apply information technology to business processes to increase value by achieving high process quality at competitive costs. This board represents a groundbreaking attempt to synergize the research and theoretical knowledge of Hofstra’s IT/QM faculty and the practical, field-level implementation of technologies and strategic IT decisions.

Student Services:

In an effort to improve the IT/QM student experience, the department has developed new programs and activities for their students.
Student 
Computer Workshop
Zarb students building high-end PC workstations
  • Student Computer Workshop: John Hardiman, special assistant professor of IT, presented “The Mystery Inside Your PC Unveiled” – a live demonstration to students on October 21, 2009. Professor Hardiman and students from his Connectivity in the Business Environment course built high-end PC workstations during the event.
  • Revitalized Undergraduate Student Association: During the fall 2009 semester, the Hofstra Information Technology Association was formed. Formerly know as Information Systems Association, this organization enhances students’ understanding of the crucial role that information technology plays in business by hosting site visits, computer workshops and a speaker series.
  • Student Tutorial Service: Zarb students can now avail themselves of free, peer-based tutorial services for required quantitative methods courses. For further information, visit the IT/QM Department in 211 Weller Hall or call (516) 463-5716.

Spring IT Showcase:

Plans are underway to bring an inspiring IT showcase to Hofstra in April 2010. This showcase is an opportunity to become more familiar with IT-related products and services provided by several nationally known, local IT companies and to interview with their human resource representatives on campus. Details regarding this showcase will be available soon.

For further information about the IT/QM Department at the Zarb School, visit: hofstra.edu/Academics/Colleges/Zarb/BCIS.

Highlights from Recent Events

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

August 2009

August 26, 2009: Zarb Alumni Networking Event Featuring Diane Garnick (B.B.A., ’96)

Reginald Andre (B.B.A. ’04) and 
Diane Garnick (B.B.A. ’96) Howard Cross; Eric Schiff and 
Bill Agresti (B.B.A. ’78)
Reginald Andre (B.B.A. ’04) and Diane Garnick (B.B.A. ’96)
Howard Cross; Eric Schiff and Bill Agresti (B.B.A. ’78)
The Zarb School of Business Alumni Association hosted a networking reception, “Networking to Career Transition: Success Stories,” on August 26, 2009, at the historic Barbetta Restaurant in New York City. Nearly 90 alumni attended and had an opportunity to hear alumna Diane Garnick (B.B.A., ’96), Howard Cross, former New York Giants tight end who currently works with real estate purveyor FirstService Williams, and Eric Schiff, former director of national accounts for ADP who currently is an entrepreneur and creator of ibidmotors.com.

September 2009

September 9, 2009: Zarb Graduate Students Attend First Asian M.B.A. Leadership Conference

Asian M.B.A. Leadership 
Conference
Zarb graduate students at Asian Students Conference.
Four officers from the Zarb Asian Student Association attended the first Asian M.B.A. Leadership Conference in New York City. More than 2,500 business leaders and students from the pan-Asian community came together to be part of the largest professional development, recruiting and networking event.
Zarb 
M.B.A. student Jason Greenberg with John Eckman
Zarb M.B.A. student Jason Greenberg with John Eckman

September 23, 2009: Zarb Executive Speaker Series Presents John Eckman, Senior Director of Optaros Lab

On September 23, 2009, the IT/QM Department in conjunction with Graduate Business Career Services hosted John Eckman, senior director of Optaros Labs, who spoke to students, faculty and administrators on “How Businesses Leverage the Web.” Mr. Eckman has more than a decade of experience designing and building Web applications for organizations ranging from small, nonprofit organizations to Fortune 500 companies.

September 24, 2009: Accounting and Finance Career Fair

The Hofstra Career Center and Beta Alpha Psi hosted the annual Accounting and Finance Career Fair, which was sponsored by PricewaterhouseCoopers. Approximately 40 firms participated, including the Big Four accounting firms, and other national and local accounting firms.
Professor James Neelankavil; Richard Gray (B.B.A. ’95); Rudolphe 
Remy (M.B.A. ’10) and Norman Milner.
Professor James Neelankavil; Richard Gray (B.B.A. ’85);
Rudolphe Remy (M.B.A. ’10) and Norman Milner.

September 25, 2009: Journal of International Business and Law Conference

Richard Gray (B.B.A., ‘85), director of marketing and client services at Ramius LLC, and his colleague Norman Milner presented an in-depth discussion on the hedge fund process with approximately 20 finance students. A cocktail reception followed.
Diana 
Ecksler (B.B.A. ’04); Inna Nisimov (B.B.A. '05), Reginald Andre (B.B.A. 
'04) and Victoria DiStasio (B.B.A. '04)
Diana Ecksler (B.B.A. ’04); Inna Nisimov (B.B.A. '05),
Reginald Andre (B.B.A. '04) and Victoria DiStasio (B.B.A. '04)

September 30, 2009: Zarb Alumni Networking Reception at Fraunces Tavern

On Wednesday, September 30, 2009, the Zarb Alumni Association hosted a night of networking in Manhattan’s financial district at Fraunces Tavern. In attendance were nearly 70 alumni from the graduating classes of 1969 through 2009, representing nearly every area of business.

October 2009

October 7, 2009: Zarb Hosts Welcome Back Barbecue for Students

Professor Benny Barak with Zarb 
student Zarb students Kendall Smith, 
Sarah Clark and Timothy Samson with Brooke Richartz (B.B.A. ’04 ; M.B.A.
 ‘08)
Professor Benny Barak with Zarb student
Zarb students Kendall Smith, Sarah Clark and Timothy Samson with Brooke Richartz (B.B.A. ’04 ; M.B.A. ‘08)
Reginald Andre (B.B.A. ’04) 
advises Zarb student. Dean Sodano; Vice Dean Anil 
Mathur and Ben Vogt, senior director of development.
Reginald Andre (B.B.A. ’04) advises Zarb student.
Dean Sodano; Vice Dean Anil Mathur and Ben Vogt, senior director of development
The Zarb School kicked off the fall semester with the Zarb Welcome Back Barbecue where more than 250 students enjoyed socializing with friends, faculty, administrators and alumni.

October 14, 2009: Zarb Executive Speaker Series presents Arlene Johnson ─ “Success Mapping: Achieve What You Want … Right Now!

Arlene Johnson with Zarb 
graduate students
Arlene Johnson with Zarb graduate students
Arlene Johnson, author of Success Mapping and president of Sinequanon Group, Inc., spoke at a Zarb Executive Speaker event sponsored by the Graduate Business Career Services Office. Ms. Johnson took students through the experience of mapping out a path to career success by setting goals, defining obstacles and creating motivation. More than 100 students and administrators were present.

October 21, 2009: Hofstra Graduate Finance Association Networking Panel With Alumni

Zarb graduate students
Zarb graduate students
More than 50 graduate students had the opportunity to network with distinguished alumni as they discussed their career paths, current positions and ongoing changes in the finance industry.

October 26, 2009: The Zarb School in Conjunction With The Institute for Real Estate at Hofstra University Present “Real Estate and Other Alternative Investments: 2009 and Beyond”

The Zarb School in 
Conjunction With The Institute for Real Estate at Hofstra University
Left to Right, First Row: Brian Ruane, CEO of Alternative Investment Services, BNY Mellon; David Fowler, managing director and head of real estate, Bank of New York; Scott Rechler, chairman and chief executive officer, RXR Realty; Dr. Ehsan Nikbakht, professor of finance; Patrick Lawler, chief economist, Federal Housing Finance Agency. Second Row: Richard V. Guardino, Jr., executive dean, Wilbur F. Breslin Center for Real Estate Studies; Dr. Anoop Rai, director, Center for International Financial Services and Markets; Dean Sodano; Akinola Olawore, vice president, International Real Estate, Akin Olawore & Co.Nigeria and African Real Estate Society; Dr. Nancy White, associate professor of finance and department chair and Dr. Andrew Spieler, associate professor of finance
On October 26, 2009, the Zarb School and the Institute of Real Estate at Hofstra University hosted the seminar “Real Estate and Other Investments: 2009 and Beyond.” The seminar featured Scott Rechler, chairman and chief executive officer of RXR Realty and Dr. Robert H. Edelstein, Maurice Mann chair in real estate at the Haas School of Business at the University of California, Berkeley, who gave the keynote addresses. Ten other leading real estate professionals spoke at three consecutive panels during the seminar.
Zarb 
graduate students Ayanna McClean; Samantha Sepulveda and Edward Cook
Zarb graduate students Ayanna McClean;
Samantha Sepulvedaand Edward Cook

October 28, 2009: Black & Hispanic M.B.A./M.S. Association Presents Karen Nethersole, CEO and Founder of Full Circle

Karen Nethersole, Esq., spoke to graduate students on October 28, 2009. Her presentation, “Next Step: The Move From College Graduate to Successful Professional,” focused on the importance of developing and maintaining a positive personal brand and networking.
Zarb 
Executive Speaker Series
From left: Mohammed Tafti, chairperson of Information
Technology and Quantitative Methods Department;
Stephen Bozzo; Dean Sodano and John Affisco, professor
of information technology and quantitative methods

October 28, 2009: Zarb Executive Speaker Series Presents Stephen Bozzo, Senior Vice President/Chief Information Officer, 1-800-FLOWERS.COM

On October 28, 2009, Senior Vice President/Chief Information Officer Stephen Bozzo of 1-800-FLOWERS.COM delivered an interactive presentation on all aspects of IT planning, development, delivery management, infrastructure and e-commerce to more than 50 Zarb undergraduate and graduate students interested in IT-related careers. Prior to joining 1-800-FLOWERS.COM, Mr. Bozzo served as vice president and CIO of the International Division of MetLife Insurance Company, where he oversaw MetLife locations in 17 countries.
Zarb 
Women in Business Attend National Conference
Zarb Women in Business members

October 29, 2009: Zarb Women in Business Attend National Conference

Representatives from the Zarb Women in Business graduate organization attended the 2009 National Association of Women M.B.A.s Conference in Disneyland.

November 2009

November 6, 2009: M.B.A./M.S. Indian Students Association Presents Diwali Dhoom

Zarb 
graduate students with Lisa Kellerman, associate director of graduate 
career services (center)
Zarb graduate students with Lisa Kellerman,
associate director of graduate career services (center)
The M.B.A./M.S. Hofstra Indian Students Association organized a wonderful celebration of Diwali Dhoom, a very important festival in Hinduism, Sikhism and Jainism. Known as the "Festival of Lights," it symbolizes the victory of good over evil, and lamps are lit as a sign of celebration and hope for mankind. More than 70 students, administrators and faculty enjoyed dancing, singing and traditional foods.

November 18, 2009: Zarb Executive Speaker Series Presents Michael Venuti (M.B.A., ‘95) Senior Vice President, Finance, Energy Brands and CFO, Glaceau

Michael 
Venuti (M.B.A. ’95) and Dean Sodano
Michael Venuti (M.B.A. ’95) and Dean Sodano
The Graduate Business Career Services Office presented Michael Venuti who discussed “A Story of Success: Learn How to Grow a Major Business.” Mr. Venuti discussed the success story behind Vitamin Water brand that led to its sale for $4 billion to Coca-Cola. More than 85 students, faculty and administrators attended. The event was sponsored by the M.B.A./M.S. Marketing Association.

December 2009

December 2, 2009: The National Association of Black Accountants and the Financial Management Association Present “Financial Literacy: Know How to Manage Your Money”

NABA and the FMA presented “Financial Literacy: Know How to Manage Your Money” on December 2, 2009, featuring Cesar Garcia, president and CEO of Mayorial Global, and Jim Ryan, author and motivation speaker. They presented valuable information to students on many timely topics, including building and reestablishing credit, personal finances and budgeting, identify theft, savings and banking, and dealing with financial stress.
Zarb 
graduate students and administrators
Zarb graduate students and administrators

December 4, 2009: Zarb International M.B.A./M.S. Association Semi-Formal 2009

Zarb graduate business students and administrators enjoyed an evening full of international cuisine, music and dance performances organized by the Zarb International M.B.A./M.S. Association with the assistance of the M.B.A./M.S. Black and Hispanic Association.

December 9, 2009: Capital One Campus Entrepreneurial Challenge Kick-off

On December 9, 2009, students from the Zarb School and Uniondale High School presented their business plans to a team of judges from Capital One. Funded by a generous donation from Capital One, the Campus Entrepreneurial Challenge is a collaborative program that provides students with the unique opportunity to design and run their own businesses. Mentored by Capital One bankers, students formulated three new ventures: SMF Fashion, The Game Room, and Tutoring Wizards.
Andrew Corrado (M.B.A. ‘92), 
senior vice president and market manager, Long Island Private Banking 
Group, market president, Nassau County, Capital One and Dr. Richard 
Hayes, assistant professor, Department of Management, Entrepreneurship 
and General Business Judges from Capital One listen 
to student presentations.
Andrew Corrado (M.B.A. ‘92), senior vice president and market manager,
Long Island Private Banking Group, market president, Nassau County
Capital One and Dr. Richard Hayes, assistant professor, Department of
Management, Entrepreneurship and General Business
Judges from Capital One listen to student presentations.
Florence Simmons, principal, 
Uniondale High School; Dean Sodano; Andrew Corrado and Maureen 
McDonough, teacher, Uniondale High School Entrepreneurialship students 
from the Zarb School and Uniondale High School
Florence Simmons, principal, Uniondale High School; Dean Sodano;
Andrew Corrado and Maureen McDonough, teacher, Uniondale High School
Entrepreneurialship students from the Zarb School and Uniondale High School
Orla 
Nallon, managing director, BNY Mellon
Orla Nallon, managing director,
BNY Mellon

December 9, 2009: BNY Mellon Presents White Paper at Zarb Executive Speaker Series

The Zarb School and its Center for International Financial Services and Markets hosted an Executive Speaker Series on Wednesday, December 9, 2009. Orla Nallon, managing director, BNY Mellon, presented the bank’s latest white paper, “The Hedge Fund of Tomorrow: Building an Enduring Firm.”
This report is the third collaboration between BNY Mellon and Casey Quirk after “Institutional Demand for Hedge Funds: New Opportunities and New Standards” in 2004 and “Institutional Demand for Hedge Funds II: The Global Perspective” in 2006, which were previously presented at the Zarb School.

December 10, 2009: Beta Alpha Psi Fall Induction Dinner Sponsored by KPMG, LLP

Dean Sodano, Dr. Nathan 
Slavin and Anthony Dalessio (B.B.A. ’75)
Dean Sodano, Dr. Nathan Slavin and Anthony Dalessio (B.B.A. ’75)
The annual fall induction dinner for Beta Alpha Psi, the national honor society for financial information professionals, was held December 10, 2009. The event was sponsored by KPMG, LLP. Following remarks by Dr. Nathan Slavin, chairperson, Department of Accounting, Taxation and Legal Studies in Business, Arielle T. Geffner, president, Delta Pi chapter, introduced the guest speaker. Anthony N. Dalessio (B.B.A., ’75), advisory partner, KPMG, LLP, addressed the audience on the current state of the accounting profession. Twelve scholarships and awards were presented, and new student inductees were introduced.
Himani 
Sharma (M.B.A. ’09) and Nancy Schulman (M.B.A. ’09)
Himani Sharma (M.B.A. ’09) and Nancy Schulman (M.B.A. ’09)

December 11, 2009: Graduate Student Advisory Board Recognition Dinner

In honor of the dedication of 45 graduate business student association leaders, Graduate Business Career Services held a dinner for all active student leaders and recognized graduating students. In addition, special recognition went to Himani Sharma (M.B.A., Finance,’09) for exceptional leadership of the M.B.A./M.S. Association and the Hofstra Graduate Finance Association and to Nancy Schulman (M.B.A., Accounting, ’09) with a Certificate of Appreciation for her contribution to Zarb Women in Business and dedication to supporting all graduate business associations.

January 2010

January 15, 2010: Third Annual Hofstra/CME Group High School Commodities Challenge

 High school students at CME 
Group Commodities Trading Challenge John Lemken of the CME Group
High school students at CME Group Commodities Trading Challenge
John Lemken of the CME Group
Kelly Benini, Northport High 
School, first-place winner of open outcry competition with Allison 
Schwabish, teacher and William Shields, teammate Spencer Schwartz, Roslyn High 
School, third-place winner of open outcry competition with Sallykaye 
Kaufman, teacher and Max Studley.
Kelly Benini, Northport High School, first-place winner of
open outcry competition with Allison Schwabish, teacher and
William Shields, teammate
Spencer Schwartz, Roslyn High School, third-place winner
of open outcry competition with Sallykaye Kaufman, teacher
and Max Studley.
The Zarb School’s Finance Department, under the direction of Dr. Nancy White and Dr. Ahmet Karagozoglu, hosted the third annual Hofstra/CME Group High School Commodities Challenge. Twenty-four students, representing 10 Long Island high schools, participated in a two-part program to introduce students to the commodities market. The first part consisted of an electronic trading competition; in the second part, students simulated open-outcry trading. Held in the Greenberg Trading Room, this program extends the Zarb School’s efforts to provide Long Island students with business education beyond the high-school level.

Achievements of Faculty and Students

James 
Neelankavil
Dr. James Neelankavil

Professor James Neelankavil Awarded Fulbright “Senior Specialist” Fellowship

Professor James P. Neelankavil, The Robert E. Brockway ’46 Distinguished Professor in Business, was appointed as a Fulbright Senior Specialist fellow in 2008. Dr. Neelankavil, a professor of marketing and international business at the Zarb School, developed, introduced and taught a new course, Global Strategic Marketing, at the Asian Institute of Management (AIM) in Manila, the Philippines. While at AIM, Dr. Neelankavil also helped faculty members develop their research ideas. He is awaiting information regarding his second Fulbright assignment during the 2010-2011 academic year.

Full-time, day M.B.A. 
students on trip to New York City. Full-time, day M.B.A. students on trip to New York
 City.
Full-time, day M.B.A. students on trip to New York City.

Second Cohort of Full-Time Day M.B.A. Students Begin Their Studies at Zarb

The Zarb School continues to attract the best and brightest students to its graduate programs. The 59 students in the second cohort of our full-time, day M.B.A. program form a talented and diverse group with an average GMAT of 611 and 3.32 grade-point average. Close to 70 percent are international students from countries such as China, India, Greece and Russia. Students participate in special programs such as a mandatory career management program, team-building workshop, and various social and cultural activities.

Hofstra American Marketing Association Advances to Nationals in Case Study Competition for UNICEF

The Hofstra student chapter of the American Marketing Association (HAMA) was one of only 10 teams chosen to advance to the national case study competition to be held in New Orleans in April 2010. The 10-member team, which included Zarb students Sweta Govani, Erin Dahms ‎Joanna Rubinstein, Stephanie Grabbe, ‎Valerie Reimer, Jill Reinholt, Jenn Sacks, Katie Sullivan, ‎Courtney Flanagan and Charli Shafiroff, prepared a plan for UNICEF’s Tap Program, an initiative aimed at providing children with clean drinking water.

Zarb Undergraduate Leadership Council Formed

Zarb undergraduate student 
leaders Allison Calabrese Zarb undergraduate student 
leader Eric Webbe
Zarb undergraduate student leaders Allison Calabrese and Justin Schain
Zarb undergraduate student leader Eric Webber
Zarb undergraduate student 
leaders Andrew Schuetz and David Marzulloe Zarb undergraduate student 
leaders Saudia Thomas and Jeff Garroway
Zarb undergraduate student leaders Andrew Schuetz and David Marzullo
Zarb undergraduate student leaders Saudia Thomas and Jeff Garroway
To leverage the significant leadership potential of our undergraduate students, the dean’s office formed the Zarb Undergraduate Leadership Council this semester. This dynamic group represents the Zarb School’s 17 undergraduate organizations that are active on our campus. The council meets once a month to discuss important issues facing the Zarb School and collaborate on new programs and speakers.

Zarb 
undergraduate student leaders
Zarb undergraduate student leaders

Three New Undergraduate Organizations at the Zarb School

A group of dedicated management majors met during the fall semester to form the Hofstra chapter of the Society for Advancement of Management (SAM), the oldest professional student organization in the United States. SAM hosted their first event on December 8, 2009. Scott Nicholson (B.B.A., ’86), president and founder of Xtraordinary Home Products, Inc., presented “At Home on the Range.” Mr. Nicholson shared his rules for success with Zarb students and explained how he grew his startup’s revenue 800 percent in one year. The Hofstra Fashion Club (FIERCE), which began in September 2009, helps members explore various aspects of the fashion industry. The group hosted supermodel Shirley Mallmann who presented “Communicating the Brand.” The Hofstra Pride Investment Club was also formed in fall 2009. This undergraduate organization manages a mock portfolio aimed at outperforming the Standard & Poor’s 500 index.

Two New Graduate Organizations at the Zarb School

The Corporate Social Responsibility Association (CSRA) was formed at the Zarb School in spring 2009, and has been very active. On October 16, 2009, the group attended a sustainability event at the Grand Hyatt Hotel in New York City and in November participated in the national Net Impact Conference at Cornell University. The Human Resources Management Association was also formed during the fall 2009 semester.

Members 
of Alpha Kappa Psi (Please use the first photo in series)
Members of Alpha Kappa Psi

Alpha Kappa Psi Business Fraternity Wins Campus Honors

For the second consecutive year, the Mu Psi chapter of Alpha Kappa Psi – the professional business fraternity – was named the Hofstra Fraternity of the Year. In addition, the group received the Fraternity with the Highest GPA and the Inter-fraternity Council Chapter of the Year Awards. The chapter also won the Serve Your Community Award. Alpha Kappa Psi has been a leader on the Hofstra campus for more than 20 years.

Zarb Students Win Margolin Winer and Evens (MWE) College Accounting Challenge

A five-member team of Zarb accounting students took first place in the MWE College Accounting Challenge held at Long Island University-C.W. Post Campus on November 17, 2009. Newsday columnist Ellis Henican hosted the event. Zarb undergraduate students Mike Schwartz, Mike DeMarco, Kevin Kwok, Antoinette Oliveri and Steven Farrell made up the winning team.

Zarb Students Excel in PricewaterhouseCooper’s (PwC) xACT Competition

During the fall 2009 semester, 35 Zarb students participated in PwC’s xACT competition, which focuses on high-level issues designed to test and improve students’ decision-making skills. Zarb sponsored seven teams, each mentored by a Hofstra faculty member. The two-week competition starts with a complex accounting dilemma – this year, whether a struggling business should declare bankruptcy or accept bailout money. Students developed a memo and a 12-minute presentation with their proposed solutions and then tackled questions from PwC partners. Zarb students delivered superb, well-developed responses and were lauded by judges.The winning team, mentored by Dr. Cheryl Lehman, was composed of the following students: Tara DeBono (junior), Priscilla Franzese (junior), Lyobov Yusupove (sophomore), Natash Puri (sophomore) and Soo Ahn (junior).

Zarb Finance Students Participate in Prestigious New York Society of Security Analysts’ (NYSSA) Eighth Annual Investment Research Challenge

Zarb students joined students from 16 other top business schools in the NYSSA Challenge, which kicked off November 20, 2009. Mentored by leading industry professionals, teams learn to research and report on a publicly-traded company. This year’s case study will feature Bitstream Inc.

M.B.A. Student Represents Zarb at MasterCard Business Ethics Roundtable

Jagdaman Grewal (M.B.A., ’10) participated in MasterCard Worldwide 2009 Business Ethics Roundtable on December 3, 2009. The roundtable provides graduate students with the opportunity to hear and discuss with panelists what makes a company ethically sound, how to find such components when seeking employment, and in what ways the academic community can contribute to building the next generation of ethical business leaders.

: Long Island Real Estate 
Development Group interns
Long Island Real Estate Development Group interns

Zarb Undergraduates Participate in Innovative Real Estate Internship Program

The Long Island Real Estate Development Group (LIREG) initiated Real Estate @Work─ an exciting internship opportunity for Zarb undergraduate students during the fall 2009 semester. A second rotational internship will be offered during the spring 2010 semester. The Real Estate @Work program is designed to give students an opportunity to be exposed to the many facets of the real estate business as they prepare for their careers. Students are given the opportunity to visit six Long Island companies engaged in different aspect of the real estate industry.