Tuesday, July 28, 2009

Achievements of Faculty and Students

Celebrating 40 Years of Accreditation by AACSB International


Celebrating 40 Years of Accreditation by AACSB International
Jerry E. Trapnell, executive vice president and chief accreditation officer, AACSB; Salvatore F. Sodano, dean, Zarb School; Richard A. Cosier, chair, Board of Directors, AACSB; Nathan Slavin, chair, Accounting, Taxation and Legal Studies in Business Department; John J. Fernandes, president and chief executive officer, AACSB and Anil Mathur, vice dean, Zarb School

In May 2009 the Zarb School was presented with a plaque at the AACSB International annual conference in recognition of our successful reaccreditation of the business school and accounting program.




Hofstra Honored by CIO Magazine With CIO 100 Award for Innovative Technology


A project giving Hofstra students virtual lab and mobile computing capabilities to access academic software from any location on campus earned the University a spot on CIO Magazine’s list of the top 100 companies that are creating new business value through technological innovations. The top CIO 100 list includes: AT&T, Dell, GE Energy, Infosys Technologies, JetBlue, Raytheon, T-Mobile, UPS, the U.S. Army Armament Research Development and Engineering Center and Wyeth Pharmaceuticals. Hofstra is one of only seven colleges and universities listed.




Dr. Ahmet Karagozoglu, Associate Professor of Finance, Named Zarb Teacher of the Year


Dr. Ahmet Karagozoglu
Dr. Ahmet Karagozoglu


Ahmet Karagozoglu, Ph.D, associate professor of finance, was voted the Frank G. Zarb School of Business 2008-2009 Teacher of the Year by graduating students. Dr. Karagozoglu also serves as the academic director of the Martin B. Greenberg Trading Room and the faculty adviser of Hofstra Quants & Traders. Additionally, he is the director of GARP, Hofstra College Chapter of the Global Association of Risk Professionals.



Dr. Karagozoglu’s teaching focuses on options and futures markets, financial modeling and risk management. Dr. Karagozoglu’s primary research interests are in the areas of futures markets, credit risk, risk management, option pricing, market microstructure and interest rate derivatives. His work has been published in the Journal of Futures Markets, Financial Review, Review of Quantitative Finance and Accounting, Journal of Fixed Income, Review of Futures Markets, International Review of Financial Analysis and the Journal of International Financial Markets, Institutions and Money.




Dean Sodano Presents Annual Faculty Research and Service Awards


Dr. Andrew Spieler
Dr. Andrew Spieler


Dr. Nathan Slavin
Dr. Nathan Slavin


At the final faculty meeting of the spring semester, Dean Sodano presented Dr. Andrew Spieler, associate professor of finance, with the Dean’s Research Award and Dr. Nathan Slavin, chairperson and professor, Department of Accounting, Taxation and Legal Studies in Business, with the Dean’s Service Award.




Zarb Finance Professor Andrew Spieler Finalist in FMA Best Paper Competition


The paper “Who Follows REITs?,” by Dr. Andrew Spieler, associate professor of finance, has been identified as a semifinalist for one of five best paper awards to be given at the 2009 FMA Annual Meeting in Reno, Nevada, this fall. Dr. Spieler’s paper provides evidence that analysts who follow REITs are primarily associated with investment banks that are active in underwriting as either full-service banks or lower-ranked syndicate banks. REIT recommendations are rarely provided by analysts that work for brokerage houses without underwriting activities and pure research houses. These findings suggest that underwriting activities are an important reason for investment banks and their analysts to issue recommendations for REITs.




Distinguished Professor Matthew Sonfield Selected as Delegate to Oxford


Professor Matthew Sonfield
Professor Matthew Sonfield


Matthew Sonfield, the Robert F. Dall Distinguished Professor in Business, was selected as Hofstra University’s 2009 delegate to Harris Manchester College’s Summer Research Institute at the University of Oxford, England. During his stay at Oxford, Dr. Sonfield will be researching the status of ethnic minority business in the United Kingdom and related government and non-government programs for business development. In addition, Dr. Sonfield’s article"First-, Second- and Third-Generation Family Businesses: A Comparison" was selected as one of the "most influential readings in the field of family business" during the 1991-2005 period. This article, co-authored with Robert Lussier of Springfield College, Massachusetts, was originally published in 2004 in the highly respected academic journal Family Business Review.




Management Professor Kaushik Sengupta Wins Best Paper Award


Professor Kaushik Sengupta
Professor Kaushik Sengupta


Companies adopting collaboration strategies with their supply chain partners should first look at the forecasting requirements for their products/services before deciding on the type of collaboration solution that is suitable for the company’s operating environment. This research on supply chain collaboration by Dr. Kaushik Sengupta, Department of Management, Entrepreneurship and General Business, won second place for the Best Paper Award at the Indian Subcontinent Decision Sciences Institute meeting in Mumbai in January 2009. The paper, "Forecasting Requirements and Their Effects on Supply Chain Collaboration Structures: Insights from Six Case Studies," and coauthored with Dr. Vish Hegde (California State University, East Bay), proposes that standard supply chain collaboration solutions available in the industry may not be suitable for all companies as the forecasting requirements for some companies are unique.




Management Professor David Flynn Named Fellow of the Pan Pacific Business Association


Management Professor David Flynn Named Fellow of the Pan Pacific Business Association
Dr. Sang Lee, president, Pan Pacific Business Association, Dr. David Flynn and Dr. Fred Luthans

Dr. David Flynn was named a fellow of the Pan Pacific Business Association (PPBA) at the organization’s 26th conference in Shenzhen, China in June 2009. The honor was bestowed by Dr. Fred Luthans of the University of Nebraska, the renown scholar of organizational behavior and international management.




Hofstra Participates in SAP University Alliance


Dr. Deb Sledgianowski, assistant professor of information technology and quantitative methods, and Brian Caligiere, Zarb School instructional technologist, represent Hofstra in the SAP University Alliance. The Zarb School is the only Long Island business school using SAP software in the classroom. This demonstrates our commitment to providing students with contemporary information technology. SAP AG is the world’s largest business software company and the third-largest software supplier overall. The SAP University Alliance provides member universities with software tools and data that facilitate the ability to show students an integrated view of the functional areas of a business and how information technology can be used to support the efficient and effective performance of business processes to achieve company goals.




Zarb Management Professors Explore Online Education


In November 2008, Debra Comer and Janet Lenaghan facilitated a panel discussion, “Distance Learning: Does the Lack of Face-to-Face Interaction Lessen the Lesson?” sponsored by the Center for Teaching and Scholarly Excellence. Invited panelist Kaushik Sengupta discussed his experience as one of Hofstra’s distance learning pioneers. In March 2009, Debra Comer, Janet Lenaghan and Kaushik Sengupta presented “You Haven’t Missed the Boat: Getting (Back) on Board to Teach On Line,” at the annual meeting of the Mid-Atlantic Organizational Behavior Teaching Conference in Philadelphia. They gave session participants pedagogical strategies and practical tips for online instruction. These three colleagues of the Zarb’s Department of Management, Entrepreneurship and General Business are currently researching characteristics that predispose students for successful online learning experiences.




Hofstra’s American Marketing Association Places Third in National Case Study Competition


Hofstra's American Marketing Association Places Third in National Case Study Competition
Members of HAMA's winning team

The Hofstra Chapter of the American Marketing Association (HAMA) recently captured third place in a national case study competition among five other finalists. The team was challenged to formulate a marketing plan for Kodak Gallery to determine what features, products, services and capabilities it would need to remain the leader in the industry. HAMA presented their case in front of a panel of judges made up of Kodak executives at the 31st Annual AMA International Collegiate Conference in New Orleans in March 2009.


To tackle the challenge, case competition members utilized the practical application of business and marketing concepts learned in the classroom. The 2009 case competition team was led by Executive Director Claudan Bermudez and was under the advisement of Dr. Rick Wilson, assistant professor of marketing and international business. Krista Darrell and Beth Lacey directed the research team. The creative team was led by Creative Director Ashton Therrien and Jaime Hoerbelt and Eric Niederman were the technical directors. Other team members included: Kenny Cheung, Kathryn Chlosta, Yulong Cui, Adera Douglas, Sweta Govani, Joey Lupo, Stephanie Moccio, Shaina Morrison and Claire White.




Zarb Graduate Students Advance to Final Round of the First ACG New York Cup Mergers & Acquisitions Competition


On April 2, 2009, the Association for Corporate Growth (ACG) New York Chapter concluded the New York ACG Cup of 2009, 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, investment banking, financial advisory and private equity by giving them access to the leading practitioners in those fields. The Zarb team, Johnny Chang, Jared Eckelcamp, Leah Kwartler, Sunny Raiput and Yu Li, advanced to the final round, the culmination of a series of intra-school and regional competitions. Held at the Metropolitan Club in New York, M.B.A. students representing Cornell, New York University, St. John’s, Fordham, Pace, Hofstra and Baruch presented valuation, capital markets, and mergers and acquisition strategic advice to a panel of seasoned professionals from Allied Capital, CapX Partners, Grant Thornton, Houlihan Lokey and Wasserstein & Co.




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


The first group of Zarb students attended the Rotterdam School of Management (RSM) at Erasmus University in January for an intensive derivatives courses taught by RSM faculty as part of the Hofstra-RSM exchange program. They joined a group of twelve 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 ten MBA schools in Europe.


In 2008, eight MFM students attended a financial risk modeling course taught at the Zarb School by Professor Karagozoglu of the Finance department. The students also successfully completed their Bloomberg certification after taking the exams on Bloomberg terminals located in the Martin B. Greenberg Trading Room.


Zarb Graduate Students Participate in Derivative Program at Erasmus University
Zarb and Rotterdam School of Management students



Zarb Beta Alpha Psi Students Excel at Regional Conference in Boston


Zarb Beta Alpha Psi Students Excel at Regional Conference in Boston
Faculty advisor, Linda Schain (far right) with members of Beta Alpha Psi

In March, Zarb’s Delta Psi chapter of Beta Alpha Psi won a cash prize at the organization’s regional meeting. The students were commended for their strong relationships with many local and global accounting firms. For future sustainability, the group proposed projects that capitalize on Zarb technology, such as virtual office tours, which would allow students to conveniently visit different accounting firms.




Zarb Accounting Students Compete in First MWE Long Island College Accounting Challenge


Zarb Accounting Students Compete in First MWE Long Island College Accounting Challenge
Members of Zarb's Accounting Challenge team

Zarb School accounting students participated in the first College Accounting Challenge sponsored by the C.P.A. firm Margolin, Winer & Evens (MWE), LLP on March 25, 2009 at the C.W. Post campus of Long Island University. The quiz-show format was hosted by Jodi Applegate of NBC News. Mike Peress, MWE compliance partner and Mark Stone, president of the Nassau chapter of the New York State Society of Certified Public Accountants, acted as judges. The challenge consisted of four categories: ethics, tax, auditing and financial accounting.




Zarb Students Participate in NYSSA Investment Research Challenge


Fourteen top area business schools, including the Zarb School, competed in the Investment Research Challenge, a six-month educational initiative in which leading industry professionals teach business and finance students best practices in researching and reporting on a publicly traded company. Each student team presented written reports on the subject company, Phillips-Van Heusen. The Zarb team included: Peter Winkler, B.B.A.; Dan Hellige, B.B.A.; Brijesh Patel, M.B.A. and Tony Chan, M.B.A.. The faculty advisers were finance professors Dr. Ehsan Nikbakht, Dr. Andrew Spieler, Dr. K.G. Viswanathan and Dr. Edward Zychowicz.





Zarb’s Chapter of Beta Gamma Sigma Attends Dean’s Night
Kunal Swani and guest


Zarb’s Chapter of Beta Gamma Sigma Attends Dean’s Night


Beta Gamma Sigma alumni in NYC held their annual Dean’s Night on Thursday, May 28, 2009 at the Lubin House. Dr. George R. Burman, dean emeritus and professor of entrepreneurship at Syracuse University, was the keynote speaker. Dr. Laura Lally, faculty adviser to Hofstra’s Theta of New York chapter, presented the medallion for most outstanding graduate student to Kunal Swani, a Zarb M.B.A. student.





M.B.A. Capstone Class Completes Project for Pall Corporation


During spring 2009, M.B.A. students in Dr. James Neelankavil’s capstone class completed a consulting project for Pall Corporation, a Long Island-based, international company with more than $2 billion in annual sales. The company’s products provide continuous protection of the environment and play a key role in maintaining the ecological balance. Pall is considering entering the emissions management sector, which fits in ideally with its “protection of the environment” mission and business emphasis. Six teams of students researched the field of emissions, interviewed company executive and outside experts, conducted a market study, generated a sales forecast and developed comprehensive strategic initiatives for the company to pursue.

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