Wednesday, March 16, 2011

A Message From Dean Patrick J. Socci

Dean Patrick Socci

Dear Members of the Hofstra Family:

I am proud to send you the latest edition of the Zarb School of Business e-Newsletter because of the amazing list of activities and achievements by the members of the Hofstra family. The broad spectrum of activities is a reflection of the dynamism of the students, alumni, faculty and staff as we strive to provide an environment of continual, never-ending improvement and support for all. The commitment to academic excellence and social responsibility are the guiding parameters of our extracurricular and co-curricular programs.

The faculty continues to “sharpen the saw” with a renewed commitment to pedagogical excellence , innovation and scholarly research. The quantity and quality of published research continues to improve. Along with this comes recognition of our faculty from the professors of other universities in the form of “Paper of the Year” awards.

I am particularly happy to report that the Zarb School of Business has undertaken the development of a strategic plan and process. On January 24, 2011, the faculty, administration and staff met for a full day retreat. This effort was the result of the Strategic Planning and Oversight Committee (SPOC) which began its work in fall 2010. The planning and oversight process is continual and is focused on five areas to improve the overall quality of the Zarb School of Business. Those five areas are: Academic Excellence, Student Personal and Professional Development, Internationalization, Pedagogical Excellence and Innovation, and Scholarly Research. Stay tuned for more details!

Patrick J. Socci, Ph.D.
Zarb Faculty at Retreat in January 2011

Zarb Faculty and Student Accomplishments

Faculty Accomplishments

Dr. Barry Berman of the Marketing and International Business Department Publishes Two Books

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Dr. Barry Berman

Dr. Barry Berman

Dr. Barry Berman, The Walter “Bud” Miller Distinguished Professor in Business, published two new books on marketing this year. Competing in Tough Times: Business Lessons from L.L. Bean, Trader Joe’s, Costco and Other World-Class Retailers, was published by the Financial Times Press, New York. Shelby D. Hunt’s Contributions to Scholarship in Marketing Channels will be published in Legends in Marketing: Shelby D. Hunt, Channels of Distribution Series by Sage Publications, New Delhi, later this year.

Dr. Elaine Winston of the IT/QM Department Lectures About Electronic Medical Records

Dr. Elaine Winston
Dr. Elaine Winston

On January 19, 2011, Dr. Elaine Winston, associate professor of information technology and quantitative methods (IT/QM), gave “Grand Rounds” at Forest Hills Hospital, North Shore-LIJ Health System. The title of her lecture was “Is the Doctor In? Exploring the Adoption and Risk of Electronic Medical Records.” The audience included resident and attending physicians. 

Dr. David Flynn of the Management, Entrepreneurship and General Business Department Participates in International Symposium in Japan

Dr. David Flynn, seated third from the right
Dr. David Flynn, seated third from the right

Dr. David Flynn, professor of management, was one of eight academics and industry senior officials invited to participate in Post-Kyoto Climate Change Policies: Current Status and Perspectives, an international symposium held at the College of International Relations, Nihon University, Mishima, Japan, in November 2010. His paper, “Sustainable Development, Climate Change, and Natural Resource Scarcity,” was delivered in English and simultaneously translated into Japanese for a mixed western and Japanese audience.

Dr. Matthew Sonfield of the Management, Entrepreneurship and General Business Department Wins Emerald Literati Network 2010 Award for Excellence

Dr. Matthew Sonfield
Dr. Matthew Sonfield

Dr. Matthew Sonfield’s paper “Family-member and non-family-member managers in family businesses,” published in Journal of Small Business and Enterprise Development was chosen as a Highly Commended Paper at the Literati Network Awards for Excellence 2010. Dr Sonfield, the Robert F. Dall Distinguished Professor in Business, publishes extensively on entrepreneurship and small business, with a recent focus on family and minority businesses.

Dr. Boonghee Yoo of the Marketing and International Business Department Receives 2010 Best Paper of the Year Award

Dr. Boonghee Yoo
Dr. Boonghee Yoo

The 2010 Best Paper of the Year Award in the Asia Pacific Journal of Marketing and Logistics was awarded to Dr. Boonghee Yoo, associate professor of marketing and international business. His paper was titled “Cross-National Invariance of the Effect of Personal Collectivistic Orientation on Brand Loyalty and Equity: The United States versus South Korean Consumers.”

Dr. Debra Comer of the Management, Entrepreneurship and General Business Department Publishes Innovative Book on Moral Courage

Dr. Debra Comer
Dr. Debra Comer

Moral Courage in Organizations: Doing the Right Thing at Work, edited by Dr. Debra Comer, professor of management, entrepreneurship and general business, and Gina Vega underscores the ethical pitfalls that one can expect to encounter at work and enhances one's ability to do the right thing, despite these organizational pitfalls. The book highlights the effects of organizational factors on ethical behavior; illustrates exemplary moral courage and lapses of moral courage; explores the skills and information that support those who act with moral courage; and considers how to change organizations to promote moral courage, as well as how to exercise moral courage to change organizations. This book is a potent tool to foster more ethical organizational behavior by giving readers guidelines for moral courage.

Dr. Jiyun Wei of the Management, Entrepreneurship and General Business Department Receives Best Paper Award
Dr. Jiyun Wei
Dr. Jiyun Wei

In December 2010, Dr. Jiyun Wei of the Management, Entrepreneurship and General Business Department, was awarded the Journal of Happiness Studies (JHS) Best Paper Award 2009 by the International Society for Quality of Life Studies & Springer Publishers for her paper “The pleasant life, the engaged life, and the meaningful life: What about the balanced life?” published in Journal of Happiness Studies (10), 2: 183-196.

Dr. Andrew Spieler of the Department of Finance Participates in Catalyst Financial Partners Forum

Dr. Andrew Spieler
Dr. Andrew Spieler

In October 2010, Dr. Andrew Spieler, associate professor of finance, participated in the Asset Allocation Forum in Alternatives 2010 sponsored by Catalyst. He moderated the panel “Asset and Liability Management for Different Investors and the Role of Alternatives,” which addressed such issues as investment return management for endowments, family offices, and pension funds: short term vs. long term goals; if Alpha in alternatives can replace the returns of successful but maturing industrial families; and who can deliver persistent alpha. Dr. Spieler is chairman of the Derivatives Committee of NYSSA.

Vice Dean Esmeralda Lyn Presents at Columbia University Conference on Social Responsibility

Dr. Esmeralda Lyn
Dr. Esmeralda Lyn

Vice Dean Esmeralda Lyn served as a panelist at the TopMBA Career Conference held at Columbia University on September 24, 2010.  It was a one-day meeting for business leaders and business schools. The conference was designed to explore the role of business schools and employers in developing socially responsible leaders.  Discussions centered around how recruiters and corporate leaders can most effectively work with career services and academics to develop and recruit top talent, who are now increasingly making corporate social responsibility a deciding factor in their career choices. 

Dr. Shawn Thelen of the Department of Marketing and International Business Receives Best Paper Award

Dr. Shawn Thelen
Dr. Shawn Thelen

 Dr. Shawn Thelen, associate professor, received the 2010 Best Paper of the Year honors by Marketing Education Review for his article Three Dichotomies of Marketing Academics, published in Marketing Education Review (Summer, pp. 125-136). The paper was coauthored by Earl D. Honeycutt, Jr. and John B. Ford.

Student Accomplishments

Zarb Women in Business in Final Round of PSEG/NAWMBA Case Competition

Five Zarb graduate students – Ruth Franklin, Christelle Gamambaye, Adrin Mammen, Ritika Sharma and Jia Wei – advanced to the final round of the 2011 Strategy Case Competition sponsored by PSEG and the National Association of Women M.B.A.s. The team will present their case study on March 24, 2011 at PSEG headquarters in New Jersey.

Zarb Students Compete in Prestigious NYSSA Competition

Mark Valery, Kenneth Jones, Alena Ulanchyk, Tara Debono and Jadaman Grewal
Mark Valery, Kenneth Jones, Alena Ulanchyk,
Tara Debono and Jadaman Grewal

Students Mark Valery, Kenneth Jones, Alena Ulanchyk, Tara Debono and Jagdaman Grewal represented the Zarb School at the 2011 NYSSA case study competition. Barry Sine, of Capstone Investments, served as the team’s Wall Street adviser and Edward Zychowicz, professor of finance, as the academic adviser. The 10th Global Investment Research Challenge is sponsored by the New York Society of Security Analysts. It is a team-based, six-month competition among the top 16 business schools from the northeast, including Columbia, New York University, Yale and Binghamton. In this competition, leading industry professionals teach business and finance students how to research and report on publically traded companies. Based on their research report and presentation, the winning team advances to the CFA Global Challenge to compete against teams from across the world.

Zarb School Hosts Second Annual Entrepreneurship Challenge With Capital One Bank

 Zarb entrepreneurship students with Capital One bankers and Andrew Corrado (front row; second from right) and Dean Socci (front row; first on right)
Zarb entrepreneurship students with Capital One bankers and
Andrew Corrado (front row; second from right) and Dean Socci
(front row; first on right)

The Zarb School, Capital One Bank and Uniondale High School joined forces for the second annual Capital One Campus Entrepreneurship Challenge at Hofstra University. Students presented their business plans to Capital One bankers, who served as judges, and Hofstra faculty and administrators. This innovative program links undergraduate students from Zarb’s new business venture course with “junior associates” from Uniondale High School’s chapter of the DECA business club. Capital one bankers serve as advisers to three teams of Hofstra students, who will in turn advise three Uniondale High School teams. Each student group was given seed capital to develop, launch, run and grow a business from Capital One.

Hofstra Students Participate in Real Estate @ Work Internship Program

Ten Hofstra students participated in the Real Estate @ Work Information program in fall 2010.  The program is sponsored by the Long Island Real Estate Development Group (LIREG). First offered in fall 2009, the program is growing and will run again in fall 2011.   

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. Applicants accepted into the program are given the opportunity to visit six real estate companies with offices on Long Island.

Zarb Graduate Student Ya Song Awarded the Kraft Prize for Outstanding Achievement in Marketing

Ya Song
Ya Song

Ya Song, a first-year student in the Zarb full-time day M.B.A. program, was awarded the prestigious Kraft Prize for Outstanding Achievement in Marketing. Sponsored by Kraft Foods, the scholarship is an incentive program open to all full-time M.B.A. students enrolled in the marketing management course at the Zarb School. A second Kraft Award will be presented at the end of the spring semester to the top graduating marketing student in the full-time M.B.A. program.

Zarb Marketing Students Named Semifinalists in the American Marketing Association Case Competition

An eight-member team from the Zarb School of Business was named a semifinalist in the American Marketing Association Case Competition, placing in the top 14 of the 54 schools that participated.  Dr. Rick Wilson, assistant professor of marketing and international business, served as faculty adviser. Sixty-four schools across the United States, Canada, and Puerto Rico submitted marketing plans for Nintendo. The aim of the project was to convert “non-gamers” into Nintendo video game players.  Congratulations to the team members, including Nicole Bazzinotti, Dennis Chang, Laura Clemente, Devin McDonnell, Heather McTivish-Perez, Parks Middleton, Alex Petraglia and Jonathan Puglisi.


Zarb Graduate Students Participate in Derivatives Course at The Rotterdam School of Management


Six graduate finance students from the Zarb School successfully completed an intensive, advanced derivatives course at the Rotterdam School of Management (RSM) in the Netherlands during January 2011. Zarb students Xiaomeng Dai, Dante Diaz, Raj Krishnan, Jing Liu, Peter Nicolardi and Guanquing Wei studied alongside Master of Science in finance students from RSM.

Social Responsibility

Zarb Students Take the Lead in Social Responsibility
The graduate and undergraduate organizations affiliated with the Zarb School have been actively engaged in philanthropic efforts during the fall 2010 semester. Plans are set to continue such activities this semester. Highlights include:
  • Charity Event Hosted by Beta Alpha Psi. Hosted by Hofstra's chapter of Beta Alpha Psi along with chapters at Adelphi University and C.W. Post, students prepared peanut butter and jelly sandwiches for the Mary Brennan INN in Hempstead, New York, the largest soup kitchen on Long Island.
  • Island Harvest Food Drive. In November 2010, members of the MBA/MS Association and Zarb Women in Business sponsored a campus-wide donation program to Island Harvest, the largest hunger relief organization on Long Island. Students were encouraged to donate non-perishable food items to drop boxes placed around the Hofstra campus.
  • Holiday Toy Drive. Zarb Women in Business (ZWIB) sponsored a campus-wide toy drive in November 2010 to benefit the Mary Brennan INN in Hempstead, New York. Students were encouraged to donate unwrapped toys at specially marked drop-off boxes.
  • The Corporate Social Responsibility Association Sponsors Green Initiatives at Conference. Members of the Corporate Social Responsibility Association (CSRA) planned and implemented environmentally friendly initiatives at the Zarb School's conference Social Responsibility in Business in the 21st Century, an event in celebration of the 75th anniversary of Hofstra University. These initiatives included utilization of 100% recycled products and paperless registration.
  • The Corporate Social Responsibility Association Attends Net Impact Conference. In October five members of CSRA attended the Net Impact Sustainability Conference in Ann Arbor, Michigan. This informative, professional networking event taught students about issues and opportunities in socially responsible businesses.
  • The Corporate Social Responsibility Association Holds Oath Drive. During the fall 2010 semester, CSRA held an oath drive to encourage Hofstra students, faculty and administrators to consider broader social implications of their business decisions. More than 100 signatures were collected.
  • The Corporate  Social Responsibility Association Visits Otarian Restaurant.
    Members of the Corporate Social Responsibility Association
  • The Corporate Social Responsibility Association Visits Otarian Restaurant. Graduate students from the Zarb School visited the Otarian Restaurant on November 5, 2010, to see firsthand how companies implement socially responsible business practices. In particular, students witnessed the restaurant's approach to sustainable practices.
  • Hofstra American Marketing Association (HAMA) Participates in Walk Now for Autism Speaks.
    Members of Hofstra American Marketing Association
  • Hofstra American Marketing Association (HAMA) Participates in Walk Now for Autism Speaks. On Sunday, October 14, the executive board of HAMA completed Walk Now for Autism Speaks, as part of a team-building experience along with 28,000 others at Jones Beach. The purpose of this activity was to walk for the awareness and support of children and families that are affected by autism.
  • HAMA Participates in Making Strides Against Breast Cancer.
    Members of Hofstra American Marketing Association
  • HAMA Participates in Making Strides Against Breast Cancer.  On Sunday October 17, HAMA's executive board completed Making Strides Against Breast Cancer, a five-mile walk at Jones Beach Park sponsored by The American Cancer Society. The group walked alongside a peer that is fighting breast cancer.
  • Flushing Savings Bank Sponsors Zarb Women in Business Community Outreach. During the spring 2011 semester, members of the graduate student organization Zarb Women in Business, successful Zarb alumnae and volunteers from Flushing Savings Bank will conduct two seminars at Uniondale High School to inspire young women to consider business careers.
  • VITA at Hofstra Offers Free Tax Preparation Services. Student members of the Tax Society, as part of their VITA program, is offering free tax preparation services for qualifying individuals. To qualify, taxpayers must have under $49,000 in adjusted gross income. The service is offered every Sunday during tax season from 11 a.m. to 2:00 p.m. in the Saltzman Center at Hofstra University.

Zarb School Partners With Capital One

The Zarb School Partners With Capital One in Community-Based Initiatives

The Zarb School Partners With Capital One in Community-Based Initiatives
Dr. Richard Hayes and Andrew Corrado, Capital One Bank
The Frank G. Zarb School of Business and Capital One have partnered in two exciting, community-based programs to benefit local schools. The Capital One Campus Entrepreneurship Challenge at Hofstra University, which commenced in 2009, teams Zarb entrepreneurship undergraduates with students at Uniondale High School. Through a generous donation from Capital One, Zarb and Uniondale high school students collaborated to design, implement and run their own business during the 2009-2010 academic year. Capital One bankers were assigned as mentors to each business. During the fall semester, students presented their plans to a team of Capital One bankers who served as judges. The success of each enterprise was evaluated at the close of the spring semester. The program design was modified somewhat during the 2010-2011 academic year. Zarb students designed and run their own businesses with the guidance of Capital One bankers. Zarb students, in turn, serve as mentors for Uniondale students as they run their own businesses. Plans are underway to expand the program to other area high schools. In addition, Zarb faculty adviser Richard Hayes, assistant professor of management, entrepreneurship and general business, is working on a template to ease replication of this program by Capital One in other regions of the country.

Recognizing the importance of financial literacy, Capital One has once again joined forces with Hofstra University to educate local students on the importance of personal money management skills. A collaborative effort between the Zarb School of Business and the School of Education, Health and Human Services, The Financial Education Corps program Money and Me will teach financial literacy to fourth graders. Under the direction of Assistant Dean Gioia Bales and Associate Professor Marsha Iverson, two graduate students have written an interactive curriculum that will be taught by Hofstra undergraduate and graduate students beginning in fall 2011. The curriculum consists of 12 lessons on a variety of topics, including wants versus needs and checking and savings accounts, with one lesson presented each week. The program also includes parent workshops for participating school districts to reinforce the concepts taught in class.

Karl Weiler Alumni Profile

Alumni Profile: Karl Weiler … A Zarb Success Story

The Weilers
Karl and Ann Weiler

Karl Weiler graduated from Hofstra in May 1960 with a B.B.A. and a reserve commission in the U.S. Army. He married his fiancée, Ann ( B.S. '60), in August of that year. Karl then proceeded to report for active duty at Fort Benning Georgia, where he attended the Infantry Officers Basic Course. Base pay, by the way, for a second lieutenant in those days was $220 a month ─ not a week!

After active duty ended in May 1961, Karl joined the Industrial Brush Manufacturing firm his father had started in 1944 with $200 in capital in his basement in Franklin Square, Long Island. In 1957 the firm relocated from Long Island to the small northeastern Pennsylvania town of Cresco. By 1961 the firm had about 20 employees and $250,000 in sales.

Karl was determined to build the business by using the leadership skills he learned in the Army and the business skills Hofstra had taught him. The firm has since grown to employ more than 400 people and has an international presence with plants in Pennsylvania, the Caribbean and China, along with sales offices in Asia Pacific, Mexico and Brazil.

Today, Weiler Corporation manufactures more than 5,000 active products that are used in everything from dental laboratories to the manufacture of jet engines. The company has several divisions that specialize in medical products, cutting tool manufacture and, most recently, automated deburring systems. The firm is managed on a day-to-day basis by Karl’s son Chris. Karl acts as chairman and dabbles in product development, which is his first love.

Karl credits his success to a good education from Hofstra, constant reinvestment in this business and in surrounding himself with capable executives who have been a major factor in growing the business. Today, Weiler Corporation is a leading global manufacturer of industrial brushes and abrasives.

Highlights of Recent Events

Highlights of Recent Events

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

August 2010

August 26: Zarb New Student Welcome

New graduate students of the Zarb School socialized with fellow students, faculty and administration at the Hofstra University Club on August 26, 2010. They also were greeted by Dr. Patrick Socci, the newly-appointed Zarb School dean.

August 30: Zarb Ice Cream Social
Members of Hofstra American Marketing Association

As part of Welcome Week celebrations, Zarb first-year students and new transfer students enjoyed an ice cream social with Zarb faculty, administrators and student leaders. New students learned about exciting programs offered in their school.
September 2010

September 15: Zarb Undergraduate Organization Fair

Dr. Benny Barak, Dean Socci, Dr. Mohammed Tafti and Brian Hanley (B.B.A. ’11)
Professor Glen Vogel with officers of Institute of Legal Studies in Business

The 14 undergraduate student organizations of the Zarb School recruited new members at the annual fair. Participation in Zarb student organizations is at record levels.

September 22: “Leadership and Ethics," a Presentation by Charles Weinstein, CEO, EisnerAmper LLP
Charles Weinstein
Charles Weinstein

On September 22, 2010, Charles Weinstein, CEO of EisnerAmper LLP, spoke to Zarb students, alumni, faculty and administrators on “Leadership and Ethics.” Mr. Weinstein discussed the responsibilities of a certified public accountant (CPA) and a CPA firm, and illustrated his points with case studies highlighting core values necessary for success.

October 2010

October 13: Zarb Undergraduate Welcome Back Barbecue

Zarb undergraduate students
Dr. Hak Kim and Dr. Daniel Tinkleman
Dean Patrick Socci
Assistant Dean Gioia Bales (third from left) with Zarb students

On October 13, 2010, Zarb undergraduate students celebrated their return to Hofstra with a barbecue at Hofstra USA. Students received Zarb T-shirts, and enjoyed music and discussion with each other, as well as with Zarb faculty and administrators.

October 13: Executive Speaker Series Presents Nancy Friedman, Senior Director, Pfizer

Lisa Kellerman, associate director, Graduate
Business Career Services; Dean Socci;
Nancy Friedman and Barbara Church-Kattan, director,
Graduate Business Career Services

As part of their Executive Speaker Series, the Graduate Business Career Services of the Zarb School hosted an informative session with Nancy Friedman, senior director of business operations and strategy for emerging markets Europe for Pfizer, on October 13, 2010.

Zarb Alumni Association
Members of Zarb Alumni Association

October 13: The Career Center and the Zarb Alumni Association Hosts “Backpack to Briefcase” for Undergraduates

The Career Center, the Zarb Alumni Association and Zarb faculty led a discussion for undergraduates about the necessary tools for transitioning from student to professional. The evening included a presentation by Deloitte. The student organizations – The National Association of Black Accountants (NABA) and Phi Iota Alpha – partnered for this event.

October 20: Hofstra University Hosts a Conference on Real Estate Markets in Transition
real estate
Dean Socci; Dr. Ehsan Nikbakht, professor of finance;
Dr. Susan Wachter; Dr. Andrew Spieler, associate professor of
finance and Richard Guardino, Jr., executive dean,
Wilbur F. Breslin Center for Real Estate Studies

The Zarb School of Business, in conjunction with the Wilbur F. Breslin Center for Real Estate Studies and The Institute of Real Estate at Hofstra University, hosted a conference on Real Estate Markets in Transition. Susan Wachter, Ph.D., the Richard B. Worley professor of financial management, professor of real estate, finance and city and regional planning at The Wharton School of Business, discussed Has Housing Hit Bottom?”. Students were provided with insight into various topics, including “Valuation, Tax and Related Issues in Real Estate;” “Current Issues in Real Estate Markets” and “Investment and Real Estate Opportunities and Risk: Market Update.”

October 20: Zarb Faculty Research Seminar Conducted by Professor Glen Vogel
Professor Glen Vogel, Department of Accounting, Taxation and Legal Studies in Business, discussed his paper “Clinton, Campaign Contributions, and Corporations: Citizens United and Its Impact on Corporate Campaign Contributions.” This seminar was part of a new monthly faculty research seminar series sponsored by the dean’s office.

October 20: Alumni Relations, The Career Center and The Economics and Finance Departments Host “G, The Word Globalization”

Hofstra alumni from UBS, Moody’s, Gleacher & Company, and Moses and Singer shared their experiences with students. The event was an excellent networking opportunity for the undergraduate students at the Zarb School of Business.

October 22: Hofstra Graduate Finance Association Hosts a Presentation Skills Workshop

The workshop was conducted by Thomas Lombardi, principal, Presentations Plus, who has more than 25 years of experience working with presenters at business-oriented conferences. The session’s aim was to improve graduate students’ presentation and communication skills. Mr. Lombardi shared his views on topics such as, “Organizing Your Thoughts; Developing a Main Message,” “Coping with Stage Fright,” “Effective Delivery Techniques” and “Using the Q&A Session to Reinforce Your Key Points.”

October 25: Zarb Graduate Human Resource Management Association (ZGHRMA) hosts Dr. Bennet A. Price, CA Technologies, Inc.

ZGHRMA and the Industrial Organization Psychology Students Association presented Dr. Bennet A. Price, a member of the organization development team at CA Technologies. During the session, Mr. Price shared his thoughts on the journey from academia to the business world.

Shawn Thelen
Dr. Shawn Thelen

October 25: International Business Association (IBA) Presents Dr. Shawn Thelen

IBA organized an informative session on what it takes to foster relationships with people and companies across the globe. The one-hour discussion was conducted by Dr. Shawn Thelen, associate professor of marketing and international business of the Zarb School of Business. Dr. Thelen shared his experiences living as an expatriate in Europe and East Asia. The event was helpful in preparing students for careers abroad.October 25: Alpha Kappa Psi Presents Joseph Cooney, President, Udi Data &Communications, Inc.

Alpha Kappa Psi presented Joseph Cooney, president, Udi Data and Communications. During the session, Mr. Cooney discussed “How Information Technology Has Impacted the Recession.” Students gained an understanding of the importance of information technology and its impact on industry. Mr. Cooney has 19 years of experience in information technology and telecommunications engineering. At Udi Data &Communications, he is responsible for developing and growing the company’s core business and expanding operations into new markets.

October 27: Hofstra Advertising Club Hosts Presentation by Abby Auerbach, Executive Vice President and Chief Media Officer, The Television Bureau of Advertising

The Hofstra Advertising Club organized a presentation by Abby Auerbach of The Television Bureau of Advertising, a nonprofit trade association representing the country’s commercial broadcast television industry. Ms. Auerbach has been employed with the company since June 2000. In addition, she sits on the board of the International Radio and Television Society.

Richard Leo
Richard Leo

October 27: Executive Speaker Series Presents Richard Leo, Chief Financial Officer and Vice President, Business Management, Integrated Systems Eastern Region, Northrop Grumman Corporation

The Zarb Graduate Human Resources Management Association (ZGHRMA), in conjunction with Graduate Business Career Services and the Zarb School of Business, presented Mr. Richard Leo from Northrop Grumman. He delivered a speech on “Transitioning to Corporate America.” At Northrop Grumman, Mr. Leo focuses on value creation, including financial analysis and planning, estimating and pricing, and many other areas related to financial analysis.
John Ullmann
John Ullmann

October 27: Memorial Service in Honor of Dr. John Ullmann, Professor Emeritus, Department of Information Technology and Quantitative Methods

Family and friends gathered at Hofstra University to honor the life of Dr. John Ullmann who recently passed away. Dr. Ullmann began his career at Hofstra in 1961 as chairperson of the Department of Management, Marketing and Quantitative Methods. After 33 years at Hofstra, Dr. Ullmann was appointed professor emeritus. During his career, he published 30 books and 100 articles, with a particular interest in the conversion of military resources to commercial purposes.

October 27: “Lunch and Learn” Sponsored by the Center for International Financial Services and Markets

As part of their “Lunch and Learn” series, the Center for International Financial Services and Markets of the Zarb School presented Professor Susan Martin from the Department of Accounting, Taxation and Legal Studies in Business. Professor Martin discussed securitization.

November 2010
November 2: The Center for International Financial Services and Markets Hosts a Conference on The Future of Alternate Investments in the Post-Crisis Environment

Richard Ketchum
Brian Ruane
Brian Ruane
Harvey Westbrook
James Purnell
Joel Press
Leo Guthart
Nathaniel Baker
Peter Testaverde
William Kelly

The conference provided a forum for representatives from hedge funds, private equity firms, media, the Securities and Exchange Commission (SEC) and the accounting profession to discuss how alternate investments will evolve over the next decade. Panels were presented on “The Role of Hedge Funds and Private Equity in the Future;” “Accounting and Legal Perspectives” and “Corporate and Media Perspectives,” and comprised executives from the SEC, EisnerAmper LLP, Bloomberg LP, The Kenmar Group and Topspin Partners, among others. Richard Ketchum, chairman and CEO of FINRA, delivered the keynote speech at breakfast. Brian Ruane, CEO of Alternative Investment Services at BNY Mellon, was the keynote luncheon speaker. The day-long conference took place at the Hofstra University Club and was sponsored by EisnerAmper LLP.

November 2: The Advertising Club Hosts Corporate Visit to YES Network

The Advertising Club at the Zarb School of Business organized a corporate visit to the YES Network, the most-watched regional sports network in the United States. The company features exclusive telecasts of New Jersey Nets and New York Yankees games. The visit was an opportunity for undergraduates to understand the company’s operations and strategies.

November 3: Zarb Professors Discuss “Methods of Determining Course Grades”

Professors Daniel Tinkelman, Elizabeth Venuti and Linda Schain of the Department of Accounting, Taxation and Legal Studies in Business led a brown-bag discussion on “Methods of Determining Course Grades.” They provided examples from a recent study they conducted and discussed the implications for course design, student motivation and faculty-student communications.

November 5: The National Association of Mothers’ Centers (NAMC) Hosts 15th Annual Conference: Work/Life Strategies for a Competitive Edge

Eight students from Hofstra University attended the 15th Annual Conference hosted by NAMC at Crest Hollow Country Club, Woodbury. The event was a wonderful opportunity to explore issues in the work/life arena. Some of the featured speakers included Domenique Camacho-Moran, partner, Farrell Fritz, P.C., who spoke on “Gaining a Competitive Edge Through Flexibility in the Workplace” and Anne Weisberg, talent director, Deloitte & Touche LLP. An informative series of presentations and workshops on human resource policies and implementation of work/life strategies took place during the day-long conference.

November 5: M.B.A./M.S. Marketing Association Sponsors a Corporate Visit to Google, Inc.

Graduate students of the Zarb School of Business were provided with an exciting opportunity to experience the culture at Google, Inc, New York. A group of 20 students was chosen to visit the multinational company that provides Internet-based products and services. In addition to showing the company and work environment to students, the marketing and sales department held a question-and-answer session.

November 8: The Career Center and The Alumni Association Host Roundtable Discussion on “Building a Career Preparation Road-Map”

Aimed at sophomores and first-year students, Zarb alumni and faculty discussed key career preparation milestones such as identifying fields of interest and then investigating how The Career Center and alumni can help achieve those milestones. The event was a wonderful networking opportunity for undergraduate students.

Information Technology and Quantitative Methods
Faculty of the Information Technology
and Quantitative Methods department

November 10: Panel Discussion: Health Care IT – Present and Future

The Zarb School of Business Department of Information Technology and Quantitative Methods, in conjunction with the Graduate Business Career Services, organized a panel discussion on “Health Care IT – Present and Future.” The panelists for the two-hour discussion included Robert Allen, CIO, Affinity Health Plan; Tom Check, CIO, Visiting Nurse Service of New York; Dr. Michael Oppenheim, CMIO, North Shore-LIJ Health Systems; and Pedro Villalba, CTO, Emblem Health.
November 12: Hofstra Graduate Finance Association Sponsors a Corporate Visit to Bethpage Federal Credit Union

The Hofstra Graduate Finance Association organized a corporate visit to Bethpage Federal Credit Union, one of the largest credit unions on Long Island. The executive team provided insight into the company’s operations, departmental strategies and employee backgrounds.

November 12: M.B.A./M.S. Hofstra Indian Students Association Hosts Diwali Dhoom 2010
diwaliTaylor and Socci
Kevin Taylor, executive director of
Zarb graduate programs (third from right)

The Indian Association organized a Diwali Dhoom to celebrate the festival of lights. Diwali marks the celebration of Lord Rama’s return from a 14-year-long exile. The event was celebrated with the Indian folk dance festival Navratri, Indian food, and traditional songs for Garba and Bhangra.

November 13 and 14: Hofstra Investment Banking Association Sponsors Evaluating 10-K Details and Valuation of Private Companies Seminar for Students

The Hofstra Investment Banking Association (HIBA) organized corporate evaluation training by Wall Street Training. The two-day event took place at CV Starr Hall on the South Campus of Hofstra University. The program provided insight into the fundamentals of the 10-K report and discussed the concepts of financial modeling.

Members of Hofstra American Marketing Association

November 13: The Hofstra American Marketing Association Sponsors a Professional Affair: A Look Into Entertainment Marketing

The Hofstra Marketing Association (HAMA) sponsored the event at Hofstra University's Student Center Theater. The opening address was given by Chaundra Daniels, assistant director at Hofstra’s Career Center. Guest speakers included Frank D'Agostino, senior marketing manager, Discovery Communications; Marco Maddaloni, director, international marketing, ESPN; Sal Fresca, executive producer, MNow TV; and Paul Levine, president, Slightly Mad Communications.
November 16: Hofstra University Hosts a Conference on Social Media and Real Estate Development

Richard V. Guardino, Jr. , executive director,
William F. Breslin Center for Real Estate
Studies; David Pennetta, executive vice president,
Oxford & Simpson Realty, Inc.; Alan Eidler,
president, Institute of Real Estate @ Hofstra
University; Gary Lewi, senior executive vice
president, Rubenstein Associates Inc.; Mitchell D.
Rechler, managing partner, Rechler Equity Partners;
The Honorable Charles J. Fuschillo, Jr. , New York
state senator; Adam Isserlis, director of digital media,
Rubenstein Associates, Inc.; Jed Morley. CEO,
The Money Organization, Long Island Press Publications

The Wilbur F. Breslin Center for Real Estate Studies, in conjunction with The Institute of Real Estate at Hofstra University, presented a conference titled Social Media and Real Estate Development. The moderator and panelists discussed how social media is a must for real estate development in the digital age. The panelists came from different industries such as real estate, government, news media and advertising.

Socci, Kushner, Cornog
Dean Socci, Jared Kushner and Dean Evan
Cornog, School of Communications

November 17: Jared Kushner Speaks With Zarb School of Business and School of Communication Students

Jared Kushner, principal, Kushner Companies, and chairman and publisher, Observer Media Group, presented his views on “What I’ve Learned Outside of Business School.” Mr. Kushner discussed his careers in both real estate and media, and urged students to pursue their passions.
Barry Berman
Dr. Barry Berman

November 17: Faculty Research Seminar by Professor Barry Berman

Barry Berman, professor of marketing and international business, conducted a faculty research seminar on November 17. During the event, Professor Berman discussed the benefits of book writing, differences between article and book writing, and negotiating a contract. In addition to writing books, he has either authored or co-authored 12 articles in the past 10 years.
November 17: Zarb School of Business Executive Speaker Series Presents Mark Standard, Senior Vice President, Wells Fargo
Mark Standard
Mark Standard

The Zarb Black and Hispanic M.B.A./M.S. Association invited Mark Standard to discuss “Game Change — How to Manage a Career Through Industry Shifts, Corporate Mergers and Economic Crashes.” The one-hour session was interactive and helped the students understand ways to manage their careers under difficult circumstances.
Sharon Oster
Dr. Sharon Oster

November 22: Yale School of Management Dean and Hofstra Alumna Discusses Behavioral Economics in Management Decisions

As a part of the celebration of its 75th Anniversary, Hofstra University hosted a presentation on “Behavioral Economics in Management Decisions.” The discussion was held at the Leo A. Guthart Cultural Center Theater by Dr. Sharon Oster, dean and Frederic D. Wolfe Professor of Management and Entrepreneurship of the Yale School of Management and a 1970 graduate of Hofstra University. She discussed the theory behind behaviors in the decision-making process in business.
November 22: The International Business Association (IBA) Hosts Annual International Food and Music Night

IBA organized an international food and music night. The event was open to all the members and was a wonderful opportunity to learn about the world we live in. The association presented food from regions across the globe and various forms of music.

December 2010

December 1: Zarb School of Business Co-Sponsors a Conference on Social Responsibility in Business in the 21st Century

In recognition of the 75th Anniversary of Hofstra University, The Center for International Financial Services and Markets, in conjunction with the Zarb School of Business, presented a conference on Social Responsibility in Business in the 21st Century. The day-long conference took place at the Student Center Theater, Sondra and David S. Mack Student Center, North Campus. Joseph Grundfest, the W.A. Professor of Law and Business, Stanford University, opened the conference with his keynote address, "Corporate Social Responsibility: Why the Concept Is, and Will Always Be, Confusing and Controversial." Hofstra President Stuart Rabinowitz presented Mr. Grundfest with the prestigious presidential medal. A series of panel presentations were followed by a banquet that featured keynote speaker Paul O'Neill, former U.S. Secretary of the Treasury and former chairman and CEO of ALCOA. The conference was sponsored by Broadridge and also received support from BNY Mellon, Nassau Educators Federal Credit Union and RXR Realty LLC.

Dr. Joseph Grundfest
Paul O’Neill
Gerald Hassell
Gerald Bresnick
Scott Budde
Scott Rechler
Sheila Wellington
Richard Daly
Floyd Norris
Heidi Hartmann
Robert Catell
Charles Elson
December 1: Beta Alpha Psi Presents Jill Grossman From Grant Thornton LLP

Beta Alpha Psi hosted a presentation by Jill Grossman, senior tax manager, Grant Thornton LLP. The theme for the event was “The Transition From College to the Workplace.”

December 3: Zarb International M.B.A./M.S. Association Hosts Semi-Formal Night

The Zarb International M.B.A./M.S. Association organized a semi-formal night at the Marriott Hotel in Hempstead, New York. Zarb graduate students had a wonderful time and enjoyed the cultural food and dance performances at the event.

December 6: Lunch and Learn Sponsored by the Center for International Financial Services and Markets

Professor Rusty Mae Moore held a discussion on “International Trade in the Post-Financial Crisis World,” at the end-of-semester lunch and learn sponsored by the Center for International Financial Services and Markets.

December 9: Beta Alpha Psi Induction Dinner)

Beta Alpha Psi, the national honors fraternity for financial information professionals, held their annual fall induction dinner on December 9, 2010. The event was sponsored by Deloitte and Deloitte partner Eugene Gelling was the guest speaker. Sixteen new members were inducted and 19 scholarships and awards were presented.

Polimini, Sodano, Slavin, Socci
Dr. Ralph Polimeni; Professor
Sal Sodano; Dr. Nathan Slavin
and Dean Socci
Beta Alpha Psi
Dr. Elizabeth Venuti and
Professor Eugene Maccarrone
Beta Alpha Psi
Dr. Daniel Tinkleman and Dr. Robert Katz