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Educating for Personal and Professional Achievement 
Frank G. Zarb School of Business Update | Fall 2014
Classnotes 
Table of Contents 
3 A Message From the Dean 
4 Zarb Highlights 
10 Zarb Faculty Accomplishments 
12 Zarb Student Achievements 
16 Zarb Signature Events 
19 Zarb Alumni Association 
Published by Patricia Salama, Director of Outreach, Frank G. Zarb School of Business, Hofstra University 
Edited by Linda Merklin, Manager, Editorial Services, Hofstra University 
Designed by Denise Sarian, Graphic Artist, Hofstra University 
Hofstra University is committed to extending equal opportunity to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, 
national or ethnic origin, physical or mental disability, marital or veteran status in employment and in the conduct and operation of Hofstra University’s educational programs and activities, 
including admissions, scholarship and loan programs, and athletic and other school-administered programs.
3 
A Message From the Dean 
A Message From the Dean 
The Zarb School’s commitment to educating students for personal 
and professional achievement has never been stronger. This past 
spring semester, we developed experiential learning opportunities 
for our students, organizing over 47 events, including a trip to the 
United Nations and Google headquarters. A conference titled 
Prospects of Real Estate and Alternative Investments for 2014 and 
Beyond, organized by The Institute of Real Estate and the Zarb 
School’s Center for International Financial Services and Markets, 
offered a global perspective on investment opportunities. Alumni 
also initiated the formation of the Goldman Sachs Company 
Team to increase career preparation, networking and employment 
opportunities for Zarb students. In addition, presentations by 
successful alumni continue to enrich the student experience. 
Speakers who visited Zarb during the past semester included 
Douglas Maine (MBA, ’78), senior advisor at Brown Brothers 
Harriman; Donna Iucolano (BA, ’86; MSEd, ’89; MBA, ’94), 
principal, Spinach Candy, LLC; David A. Ross (BBA, ’91), 
global head of marketing, Viteos Capital Market Services; and 
Steven R. Meier (BBA, ’84), EVP and CIO, global fixed income, 
currency and cash, State Street Global Advisors. 
A new Zarb MBA in Manhattan began this fall. Located at 
the Manhattan Eye, Ear & Throat Hospital, this program will 
offer ease of accessibility to working professionals in New York 
City. The curriculum combines on-site and online classes and the 
ability to complete the degree requirements in just 28 months. 
Our students continue to excel at national competitions. This past 
spring, Hofstra University’s American Marketing Association 
was named among the top 25 chapters in the nation, and Beta 
Alpha Psi won second place at the Atlantic Coast Regional 
Meeting. Additionally, three Zarb students finished in the top 
100 at the Institutional Investor Alpha Seal Competition, while 
Dr. Vishnoo Kothapeta, a Zarb graduate student, was awarded 
Best Research Presentation at the Northeast Decision Sciences 
Institute Conference. 
Zarb faculty made strides in their mentoring, teaching and research 
endeavors. Dr. Carole Jurkiewicz was named editor-in-chief of 
the American Society for Public Administration’s journal Public 
Integrity. Professors Victor Lopez and Eugene T. Maccarrone 
received the Best Paper of the Conference Award at the North East 
Academy of Legal Studies in Business Conference, while 
Professors Robert Katz and Neil Katz received an Appreciation 
Award from the Nassau Chapter of the New York State Society 
of Certified Public Accountants in recognition of their dedication 
to the chapter. 
The Zarb School of Business continues to be recognized for 
its strong programs and favorable outcomes. Zarb ranks 10th 
on Payscale.com’s Best Schools by Salary Potential for Business 
Majors. Hofstra is the only university in New York State to make 
the top 10. Zarb also received the Export Achievement Award by 
the United States Department of Commerce in May in recognition 
of the school’s contribution to international trade and promotion in 
the education sector. 
Looking forward, we will kick off the fall semester with a 
conference titled Compliance and a Culture of Integrity, which 
will feature leading academics and industry professionals who 
will offer insight on this critical topic. 
It is our foremost priority to continue the development of innovative 
programming and curriculum for our students. On behalf of our 
students, faculty and staff, I thank you for your commitment to the 
Zarb School and hope you enjoy this issue of our Zarb newsletter. 
Warm regards, 
Patrick J. Socci, PhD 
Dean 
Frank G. Zarb School of Business, Hofstra University
Gioia P. Bales, associate dean, Frank G. Zarb School of Business, 
accepts the Export Achievement Award on behalf of the Zarb 
School, with Joe Schoonmaker, chair, New York District Export 
Council (left), and James Cox, regional director, U.S. Commercial 
Service, Northeast. 
Zarb Highlights 
Zarb Highlights 
4 
Frank G. Zarb School of Business 
Receives Export Achievement Award 
from the United States Department 
of Commerce 
The Frank G. Zarb Business School received the Export Achievement Award from 
the United States Department of Commerce at the 2014 World Trade Week Awards 
Breakfast in New York City in May. The Zarb School was recognized for its 
outstanding contribution to international trade and promotion in the education 
sector as a result of the school’s participation in the U.S. Commercial Service 
Educational Trade Mission to Brazil in 2013. Associate Dean Gioia Bales attended 
the trade mission, which resulted in the enrollment of several students from Brazil. 
The Zarb School continues to work in partnership with the Long Island U.S. 
Export Assistance Center to further recruitment efforts 
in Asia, the Americas, Europe and Africa. 
Zarb Among Top 10 in the 
Nation for Undergraduate 
Business Majors by Earnings 
The Frank G. Zarb School of Business is among the top 10 
in the nation for undergraduate business majors based on 
the mid-career salary of its graduates, according to the 2014-15 
Payscale.com College Salary Report. 
Zarb ranks 10th on Payscale.com’s Best Schools by Salary 
Potential for Business Majors, ahead of Cornell, New York, 
George Washington, Syracuse, Pace and Rutgers universities. 
Hofstra is the only university in New York State to make the 
top 10. 
Mid-career salary for Zarb School undergraduate business 
alumni is $116,500, according to the report. 
For members of the Zarb School’s Class of 2012-13 who 
graduated with a bachelor’s degree, 96 percent reported being 
employed or in graduate school, according to the latest career 
outcome report. More than half of those who reported being 
employed accepted their jobs before graduation. 
The Zarb School was also ranked among 
the Top 10 Business Schools in New York 
by FIND MBA, which factors in geography, 
cost, employment data and rankings among 
other criteria. LinkedIn also ranked Hofstra 
second overall for media professionals 
based on the career paths of its graduates, 
including Zarb alumni.
5 
Zarb Highlights 
Top left: First-place winner 
Cathy Bronswinkel with runners-up 
Weijian Zhang (left) and Jason Smit. 
Left: Zarb student participants along with 
Vice Dean and C. V. Starr Distinguished 
Professor in Finance and Investment Banking 
Dr. George Papaioannou (second from right), 
Associate Dean Gioia Bales (third from right), 
Director of Outreach Patricia Salama (far 
right), Professor of Finance Dr. Anoop Rai 
(far left, back row) and Professor of Finance 
Dr. Ahmet Karagozoglu (far left, front row). 
Zarb Students Compete in Martin B. Greenberg 
Trading Room Simulation With Rotterdam 
School of Management Students 
Graduate students from the Zarb School of Business 
competed with students from three countries – 
Curaçao, Lebanon and Mexico – in a simulated trading 
competition held at the Zarb School’s Martin B. 
Greenberg Trading Room. The students enrolled at 
Erasmus University’s Rotterdam School of Management’s 
Financial Executive Management Program visited New 
York for the competition. Organized by Oxyor, a 
Netherlands-based company offering executive training 
sessions to the financial services industry, the event 
began with an introduction to market trading and 
analysis, followed by the competition. 
Zarb Launches 
New MBA 
in Manhattan 
The Frank G. Zarb School of Business 
is now offering an MBA in the heart of 
the city. Located at the Manhattan Eye, 
Ear & Throat Hospital on East 64th Street 
between 2nd and 3rd Avenue, this 
program is a convenient option for 
working professionals in New York City. 
This 41- to 48-credit MBA cohort 
program in strategic business 
management and strategic healthcare 
management can be completed in 
28 months. The curriculum combines 
on-site and online classes, with most 
of the on-site classes scheduled back 
to back, one night a week. 
For additional information or to apply, 
contact Jeffrey Mon, MBA, executive 
director for graduate business programs, 
at Jeffrey.D.Mon@hofstra.edu or 
516-463-ZARB (9272). 
Student participants from University of Curaçao.
6 
Zarb Highlights 
Second Cohort Graduates 
From Online MBA Program 
In May, the second cohort in the Online MBA Program graduated; 17 students completed the 
program in two years. At a special dinner for graduates, awards were presented to Wendy 
Darwell and Eric Bates for High Academic Achievement, and to Dr. Anoop Rai for Best Teacher. 
Within the graduating class was Kathryn Kaminski, daughter of Elaine Lilli, who also graduated from 
Hofstra with a Master of Science in secondary education. “I feel very blessed to have a mother who 
has always placed such a high value on education serving as an inspiration to me,” Kathryn said. 
“This is a remarkable achievement for the students, and it showed the dedication and effort they have 
demonstrated throughout the last couple of years. We wish them well in their career prospects and other 
endeavors and welcome them as part of the alumni family,” stated Dr. Kaushik Sengupta, director of the 
Online MBA Program and chair, Department of Management and Entrepreneurship. 
Best Teacher award recipient 
Dr. Anoop Rai, professor of finance. 
Proud Hofstra alumna 
Elaine Lilli with daughter 
Kathryn Kaminski. 
“It is a source of 
great pride to see my 
daughter graduate 
from my alma mater. 
I am certain that this is 
the stepping stone of 
many accomplishments 
to come for her.” 
Mastering the 
Art of Business 
Presentations 
Mastering the Art of Business Presentations 
is a hands-on, interactive workshop taught 
by Professor Marc Kopman, former vice 
president of learning and development at 
Time Warner Cable in New York City. The 
curriculum focuses on effective individual 
and group presentation techniques as well 
as the facilitation skills required for leading 
a discussion. This workshop is required for 
all MBA students. 
Students practice their skills during 
videotaped presentations and are given 
immediate feedback from their colleagues 
and instructor. After the workshop, each 
student reviews his or her video during a 
one-on-one coaching session. “Professor 
Kopman is a great role model and expert 
at presenting. I have learned so much 
that I can apply both inside 
and outside the classroom,” stated Zarb 
graduate student Brendan Gorey. 
Professor Kopman coaching 
students in his Mastering 
the Art of Business 
Presentations workshop. 
Award recipients Wendy Darwell and 
Eric Bates with Dean Patrick Socci (right) 
and Dr. Kaushik Sengupta, director 
of the Online MBA Program and chair, 
Department of Management 
and Entrepreneurship. 
Graduating second cohort of Online MBA Program.
7 
Zarb Highlights 
Prospects of Real Estate and Alternative 
Investments for 2014 and Beyond, presented 
by The Institute of Real Estate, Frank G. Zarb 
School of Business, and Center for International 
Financial Services and Markets, examined the trends 
and issues of investing in real estate and alternative 
investments. 
Conference co-directors Dr. Ehsan Nikbakht and 
Dr. Andrew Spieler, Zarb professors of finance, 
coordinated a team of experts, including keynote 
speakers Matthew Moran, vice president of the 
Chicago Board Options Exchange, and Randy 
Anderson, Griffin Capital’s chief economist, editor 
of the Journal of Real Estate Portfolio Management 
and former Howard Phillips Eminent Scholar 
Chair in Real Estate and chair at the University of 
Central Florida. 
Panel discussions were held throughout the day. 
The first panel, moderated by Dr. Spieler and 
Dr. Robert Campbell, associate professor of finance, 
was titled “Real Estate: Investments, REITs, 
Managing Risk & Taxes” and featured Stewart 
Zimmerman, former chairman of the board and chief 
executive officer, MFA 
Mortgage Investments, 
Inc.; Noah Fried, 
associate equity analyst, Atlantis 
Investment; Roya Nouvini, asset 
manager, Arbor Realty Trust, Inc.; 
James Burns, real estate tax grievance 
consultant, Aventine Properties; and 
Vicky Lantushenko, PhD candidate and 
researcher in REITs, Drexel University. 
The second panel, moderated by 
Dr. Nikbakht and Brian Walls, 
vice president, Deutsche Bank AG, 
was titled “Alternative Investments: 
Innovations and Issues” and included 
Joe Labella, chapter executive, NY 
Chartered Alternative Investments Analyst, and senior 
manager, Diefendorf Capital, NY; Aye Soe, director, 
global research and design, S&P Dow Jones Indices, 
and Zarb adjunct instructor of finance; Thomas 
Gray, senior regulatory advisor, regulatory policy 
and advisory team, Deutsche Bank AG; Christian 
Cooper, former senior fixed income trader, Jefferies 
& Co., most recently consulting with Harvard 
School of Business, Truman National Security 
fellow and member, Council on Foreign Relations; 
and Gary Kalbaugh, director and assistant general 
counsel, ING Financial Markets and special 
professor of law, Maurice A. Deane School of Law, 
Hofstra University. 
Prospects of Real Estate and Alternative 
Investments for 2014 and Beyond Conference 
Zarbmeansbusiness.com 
Dr. Joel Evans, professor of marketing and international business and RMI Distinguished Professor of Business, is the 
blogger-in-chief of the new Zarb Means Business blog. The blog highlights current events, faculty news, student 
accomplishments and profiles about some of your favorite members of the Zarb team. Industry resources and career statistics are 
also available on the new Zarb blog. To join and receive the latest updates from the Zarb School, visit zarbmeansbusiness.com. 
Top: Keynote speaker Randy Anderson (center), 
with Richard V. Guardino, Jr., executive dean, 
Wilbur F. Breslin Center for Real Estate Studies 
(far right); Dr. Patrick Socci, dean, Frank G. Zarb 
School of Business (second from left); and Conference 
Co-Directors Dr. Ehsan Nikbakht (far left) and 
Dr. Andrew Spieler. 
Middle: “Real Estate: Investments, REITs, Managing 
Risk & Taxes” panel discussion. 
Bottom: Dean Socci (second from left) and Executive 
Dean Guardino (far right) with conference sponsors 
(L-R): Robert Mayer, Mayer CPAs, LLP; Robert Kuchner, 
Marks Paneth, LLP; and Larry Charney, Frankel, 
Loughran, Starr & Vallone, LLP.
8 
Zarb Highlights 
Dean’s Business Scholars 
Visit Google and United Nations 
Headquarters 
Dean’s Business Scholars, along with Zarb student leaders, 
visited Google headquarters in New York City this past March. 
After touring the facility, students met with several Google 
employees and discussed their career journeys. They also 
discussed current online industry trends in addition to qualities 
of successful employment candidates. 
Students also visited United Nations headquarters, where they toured 
the facility and learned about issues facing the organization today. 
Following the tour, two special briefings were held for Zarb students on 
legal affairs in business and Global Compact, the United Nations’ social 
responsibility initiative. 
75 Undergraduate and 
Graduate Students Complete 
Bloomberg Essentials Program 
The Finance Department offers Zarb students the opportunity to 
obtain Bloomberg Essentials Program (BESS) designation by 
completing a self-study in the Martin B. Greenberg Trading Room, one 
of the largest academic trading rooms in the country. For the last 10 
years, students have been trained in this state-of-the-art facility, which is 
equipped with 34 Bloomberg Professional terminals. During the 2013- 
2014 academic year, a record number of 75 undergraduate and 
graduate students completed the Bloomberg workshops. 
Upon completion of the program, students visit 
Bloomberg headquarters in New York City for a tour 
of the facility. Bloomberg staff also recognized 
students’ BESS designations during a special ceremony 
officiated by Alexandra Huber, global head of training 
for sales and analytics at Bloomberg. “I have been 
organizing these ceremony visits for the last 10 years 
and know first-hand that visiting Bloomberg and 
receiving their BESS designations from Bloomberg 
staff is one of the most memorable highlights of their 
Zarb experience,” stated Dr. Ahmet Karagozoglu, 
academic director of the Martin B. Greenberg 
Trading Room and professor of finance. 
Dean’s Business Scholars and Zarb 
undergraduate student leaders at 
Google headquarters in New York City. 
Associate Dean Gioia Bales 
(center) and Patricia Salama, 
director of outreach (fifth 
from left), with Dean’s 
Business Scholars and Zarb 
undergraduate student 
leaders inside the general 
assembly room at United 
Nations headquarters. 
Students at Bloomberg Headquarters in New York City with Dr. Ahmet Karagozoglu, 
academic director of the Martin B. Greenberg Trading Room and professor of finance, 
and Alexandra Huber, global head of training, sales and analytics, Bloomberg LP. 
Ms. Huber during BESS designation 
ceremony for Zarb students.
9 
Zarb Highlights 
At the 2014 Student Leadership Awards and 
Alumni Volunteer Celebration, Zarb 
students, alumni, faculty and staff joined to 
celebrate the end of the spring semester. For the 
second year, Reginald Andre, Zarb Alumni 
Association former past president, sponsored the 
Reginald Andre ’04 Endowed Award for Zarb 
Student Activities. This prize is awarded to fund a 
new program, event or initiative not currently 
offered through a student organization or the Zarb 
School. This year’s award was presented to Alpha 
Kappa Psi. The professional business fraternity will 
create an event planning handbook that all Zarb 
student organizations will utilize. 
In addition, Dean Patrick Socci also presented the 
2013-2014 Dean’s Awards for Outstanding Zarb 
Student Organizations. At the undergraduate level, 
the Hofstra American Marketing Association 
(HAMA) won this honor. This past semester, 
HAMA participated in the American Marketing 
Association’s 36th Annual International Collegiate 
Conference in New Orleans and received six awards, 
including Top 25 Chapter Status. At the graduate 
level, the Zarb Human Resource Management 
Association was honored. The organization’s efforts 
at events such as the conferences of the Society of 
Human Resources Management as well the National 
Association of Mothers’ Centers’ annual 
Work-Life Balance Conference have been 
instrumental in exposing students to various 
human resource career paths. 
Dean Socci also thanked alumni volunteers 
who have generously donated their time 
throughout the year. “Our strong Zarb alumni 
network would not be where it is without your 
efforts, and I personally thank you for all that 
you have contributed on behalf of our 
students and the Zarb School.” 
The Reginald Andre ’04 Endowed 
Award for Zarb Student Activities 
and Dean’s Awards for Outstanding 
Zarb Student Organizations 
Beta Gamma Sigma Honors Larry Roman 
and Dr. Laura Lally 
The Zarb School of Business Chapter of Beta Gamma Sigma honored Larry Roman (BBA, ’77) as the 
2014 Chapter Honoree. Mr. Roman has more than 30 years of experience in the mechanical 
construction industry and is currently CEO of WDF Inc. The 2014 Faculty Inductee Award was given 
to Dr. Laura Lally, associate professor of information systems and business analytics. Dr. Lally has 
been part of the Zarb family for over 25 years and has been instrumental in the development of the 
Beta Gamma Sigma chapter. She continues to be a respected mentor to its members. 
Dean Socci with members of Alpha Kappa Psi, 
recipient of the 2014 Reginald Andre ’04 
Endowed Award for Zarb Student Activities. 
Dean Socci with members of the 
Hofstra American Marketing Association, 
winner of the 2013-2014 Dean’s Award 
for Outstanding Zarb Undergraduate 
Student Organization. 
Dean Socci with members of the 
Zarb Human Resource Management 
Association, winner of the 2013-2014 
Dean’s Award for Outstanding 
Zarb Graduate Student Organization. 
Laura Lally, associate professor 
of information systems and 
business analytics. 
Larry Roman, 
CEO, WDF Inc.
10 
Dr. Dominique Gehy 
Dr. John Affisco, Dr. Javad Paknejad and 
Dr. Farrokh Nasri Win Best Paper Award for 
Contribution to Theory 
Professors of Information Systems and Business Analytics Dr. John 
Affisco, Dr. Javad Paknejad and Dr. Farrokh Nasri won the Best Paper 
Award for Contribution to Theory for their publication titled “Analysis 
of Vendor Environmental Costs in the JELS Model with Sustainability” 
at the 2014 Northeast Decision Sciences Institute Conference. 
Dr. Barry Berman Receives American Collegiate 
Retailing Association’s Hall of Fame Award 
Dr. Barry Berman, the Walter H. “Bud” Miller Distinguished Professor of Business and 
EMBA program director, received the American Collegiate Retailing Association’s (ACRA) 
Hall of Fame Award at the organization’s spring 2014 meeting in Dallas, Texas. ACRA is 
the global professional association of faculty who teach and conduct research in retailing and 
related areas. Dr. Berman was vice president of ACRA from 2010 to 2012, and president from 
2012 to 2014. Dr. Berman is the ninth Hall of Fame inductee in the organization’s 65 years. 
Dr. Debra Comer Selected as Co-Editor for Special Issue of the 
Journal of Business Ethics and Associate Editor for the Journal of 
Management Education 
Dr. Debra Comer, professor of management and entrepreneurship, was selected as co-editor 
for a special issue of the Journal of Business Ethics on positive organizational ethics. 
Additionally, along with her co-editors, she wrote the editorial for this issue. Dr. Comer was 
also appointed as associate editor for the Journal of Management Education where she 
previously served in this capacity from 2010 to 2012. 
Dr. Dominique Gehy Awarded the 2014 Dean’s Research Award 
Dr. Dominique Gehy, assistant professor of finance, was awarded the 2014 Dean’s Research 
Award for her publication titled “Changing the Rules Again: Short Selling in Connection 
With Public Equity Offers.” This article was published in the Journal of Banking and 
Finance and studies the impact of two recent regulations that impose restrictions on short 
selling. The results of the study imply that recent restrictions on short selling have significant 
unintended effects on the capital raising process. 
Faculty Accomplishments 
Dr. John Affisco Dr. Farrokh Nasri 
Dr. Debra Comer 
Dr. Carole Jurkiewicz Named 
Editor-in-Chief of the American 
Society for Public Administration 
Journal Public Integrity 
Dr. Carole L. 
Jurkiewicz, professor of 
management and 
entrepreneurship, has 
been named editor-in-chief 
of Public 
Integrity, the foremost 
journal on ethics and 
leadership in all aspects 
of modern public 
service. Through a 
highly competitive 
process overseen by the American Association of 
Public Administration’s Section on Ethics’ 
Executive Committee, Dr. Jurkiewicz was 
selected from among a group of top scholars 
around the world for this key role. She is the first 
woman to be named editor-in-chief. 
As editor-in-chief, Dr. Jurkiewicz aims to further 
the understanding of ethics in the public sector 
as well the intersection of public, private, and 
nonprofit organizations. 
Dr. Jurkiewicz recently presented two papers at 
the American Society for Public Administration’s 
annual conference: “The Scope of Ethics and 
Integrity Research: Past, Present, Future” and 
“Show and Tell: The Military’s Response to 
an Open LGBT Armed Forces.” She also served 
as the moderator for the ASPA panel “Tactics, 
Trends, and Perspectives in Public Sector 
Ethics and Integrity Research.” In addition, 
Dr. Jurkiewicz was awarded the Frank G. Zarb 
School of Business Best Teacher Award by the 
EMBA Class of 2014. 
Dr. Carole Jurkiewicz 
Zarb Faculty Accomplishments 
Dr. Barry Berman
11 
Faculty Accomplishments 
Professor Linda Schain 
Dr. Elaine Sherman 
Dr. Elizabeth Venuti 
Professor Glen Vogel Researches the Generational Gap 
and Cultural Challenges Facing Business Faculty in the 
Global Classroom 
Professor Glen Vogel, assistant professor of accounting, taxation, and legal studies in 
business, published “A Review of the International Bar Association and LexisNexis 
Technology Studies and the American Bar Association’s Commission on Ethics 20/20: 
The Legal Profession’s Response to the Issues Associated With the Generational Gap 
in Using Technology and Internet Social Media” in Alabama Law School’s Journal of the Legal Profession. 
Also, his article titled “English Language & Cultural Challenges Facing Business Faculty in the Ever-Expanding 
Global Classroom” was published in the Journal of Instructional Pedagogies. Professor Vogel was also 
appointed as the academic advisor to the Zarb School of Business’ chapter of the international business honor 
society Beta Gamma Sigma, which received exemplary status for the 2013-2014 academic year. 
Professor Linda Schain Named Regional Chapter 
Advocate for the Atlantic Coast Region of Beta Alpha Psi 
Linda Schain, department administrator and adjunct assistant professor of accounting, 
taxation, and legal studies in business, was named regional chapter advocate for 
the Atlantic Coast Region of Beta Alpha Psi. In this role, she will coordinate regional 
meetings and serves as the voice of the chapters. 
Dr. Elaine Sherman Awarded 2014 Dean’s Service Award 
Dr. Elaine Sherman, professor of marketing and international business, was awarded the 
2014 Dean’s Service Award, after dedicating over 35 years to the Frank G. Zarb School 
of Business. Dr. Sherman has been instrumental in several initiatives at Hofstra, 
including involvement in the initial stages of designing a master’s program in 
gerontology, planning the creation of our Business Development Center and initiating 
a News12/Hofstra University Public Opinion Polling Program, which is currently 
celebrating its 25-year anniversary. Dr. Sherman is currently a senior editor of the 
Journal of Political Marketing and on the editorial review board of six scholarly journals. 
Dr. Elizabeth Venuti Named Zarb’s 2014 Teacher of the Year 
Dr. Elizabeth Venuti, associate professor and chair of the Department of Accounting, 
Taxation, and Legal Studies in Business, was named Zarb’s 2014 Teacher of the Year. 
Dr. Venuti has a notable record of teaching and service to Hofstra University. She 
received the Hofstra University Distinguished Teacher of the Year Award in 2006 and the 
Frank G. Zarb School of Business Dean’s Service Award in 2008. She has twice received 
the Beta Alpha Psi, Delta Pi Chapter Faculty Award for “Outstanding Dedication to 
Students.” In addition, she has served as chair of the Hofstra 
University Senate Planning & Budget Committee. 
Professors Robert Katz 
and Neil Katz Receive 
Appreciation Award 
from the Nassau 
Chapter of the 
New York State 
Society of Certified 
Public Accountants 
Father and son, Robert Katz, 
professor of accounting, taxation, 
and legal studies in business, and 
Neil Katz, adjunct assistant 
professor of accounting, taxation 
and legal studies in business, 
received an Appreciation Award 
from the Nassau Chapter of the 
New York State Society of 
Certified Public Accountants. 
The award was presented in honor of their dedication and 
service to the chapter in advancing the knowledge of 
Certified Public Accountants. 
Associate Professors 
Victor Lopez and 
Eugene T. Maccarrone 
Receive Best Paper of 
the Conference Award 
Victor Lopez and Eugene T. 
Maccarrone, associate 
professors of accounting, 
taxation, and legal studies in 
business, received the Best 
Paper of the Conference Award for their publication 
“Medical Malpractice Limitations for New York Infants 
– Time for a Change of Time?” at the North East 
Academy of Legal Studies in Business Conference. 
Additionally, Professor Lopez’s article, “State Homestead 
Exemptions and Bankruptcy Law: Is It Time for Congress 
to Close the Loophole?” (Rutgers Bus. LJ, 2010) was 
cited by the United States Supreme Court in Law v. Siegel 
(March 2014) and by another federal court (IN RE 
MARTIN – Bankr. Court, ED New York, 2013). 
Professor Neil Katz 
Professor Robert Katz 
Professor Glen Vogel 
Professor Victor Lopez
Zarb Student Achievements 
12 
Student Achievements 
HAMA members at American 
Marketing Association national collegiate 
conference in New Orleans. 
HAMA Marketing Club Named Top 25 in Nation 
The Hofstra University chapter of the American Marketing Association (HAMA) took home six top 
awards at the 2014 American Marketing Association national collegiate conference in New Orleans, 
including being named one of the top 25 best-performing chapters in North America. HAMA is the 
largest preprofessional organization at Hofstra. 
Besides the top 25 award, HAMA took home the following honors: Outstanding Professional 
Development, Outstanding Chapter Planning, Outstanding Chapter Communications, Honorable 
Mention for Marketing Week activities, and Honorable Mention for the Case Competition. 
Zarb students at the annual 
ACG New York Cup competition. 
Zarb Students 
Compete at the Annual 
ACG New York Cup 
Competition 
Zarb students competed in the annual ACG 
New York Cup competition, a two-round 
contest designed to provide real-world 
experience for students in leading metropolitan 
New York graduate business programs. This 
year’s competition attracted over 150 students 
in 41 teams from seven schools. 
The competition requires student teams to 
analyze and offer advice in connection with 
a merger and acquisition transaction. Teams 
are judged on three criteria — valuation, 
alternative deal structures considered, and 
presentation. This year’s case called for teams 
to provide financial advice as investment 
bankers to a panel of seasoned merger and 
acquisition professionals, and role-play as the 
board of directors of a hypothetical company 
that has been approached with an offer from a 
private equity firm. 
Zarb Students Finish in the Top 100 at the 
Institutional Investor Alpha Seal Competition 
Zarb students Christopher Clarke, Christopher Barnes and Kunal Mehta finished in the top 100 at the 
Institutional Investor Alpha Seal Competition. The competition included undergraduate and graduate 
students from across the United States in the hunt for investment returns using a professional-style 
trading engine. More than 2,100 students from 82 schools participated in the competition.
Student Achievements 
Dr. Vishnoo Kothapeta 
Wins the Best 
Research Presentation 
at the Northeast 
Decision Sciences 
Institute Conference 
Dr. Vishnoo Kothapeta, an MBA student with 
a dual major in health services management 
and information systems, was the winner of 
the Best Research Presentation, Master’s 
Level Student, at the Northeast Decision 
Sciences Institute Conference in Philadelphia 
in March. The paper identified the impact 
of the Health Information Technology for 
Economic and Clinical Health Act of 2009 
on the information technology workforce. 
Under the supervision of Professor Alex 
Pelaez of the Information Systems and 
Business Analytics Department, the paper 
identified information 
technology trends in 
relation to the hiring 
and spending across 
hospitals in the 
United States. 
Dr. Vishnoo Kothapeta 
Delti Pi winning team with Dr. Elizabeth Venuti, 
chair, Department of Accounting, Taxation, 
and Legal Studies in Business (third from right), 
and Professor Linda Schain (second from right). 
Zarb’s Delta Pi Chapter Wins 
KPMG Gold Challenge Competition 
The Delta Pi Chapter of Beta Alpha Psi won the KPMG Gold Challenge Competition at the 
2014 annual meeting in Atlanta, Georgia. Only 15 chapters are selected to win this prestigious award 
from more than 300 Beta Alpha Psi international chapters. Led by Dr. Daniel Tinkelman, professor 
of accounting, taxation, and legal studies in business and mentored by Linda Schain, department 
administrator, adjunct assistant professor of accounting, taxation, and legal studies in business and 
regional chapter advocate, the Delta Pi chapter has continuously enhanced both programming 
and development, exceeding the requirements for Superior Chapter status. 
Beta Alpha Psi Wins Second Place at 
Atlantic Coast Regional Meeting 
Three teams of students from Hofstra’s Delta Pi chapter made presentations at the Beta Alpha Psi 
Atlantic Coast regional meeting in Hartford, Connecticut. Matthew Barry, Robert Serikstad, Daniel 
Lewitt and Abdulla Tokie, led by faculty advisor Dr. Daniel Tinkelman, professor of accounting, 
taxation, and legal studies in business, presented on the subject of collaboration and were awarded 
second place, out of nine teams presenting. 
In addition to competitive academic events, Beta Alpha Psi members regularly collaborate with 
other schools and Hofstra organizations to give back to their community. Recently, they raised 
money for the Special Olympics through the Polar Plunge, volunteered at the Special Olympics floor 
hockey tournament, donated their time at a Long Island soup kitchen, and organized a business 
fashion show at Hofstra. 
13
14 
Student Achievements 
Online MBA and EMBA students traveled 
to South Africa this summer for their 
global practicum. The group was led by 
Dr. Richard Hayes, Dr. Yong Zhang, Dr. Paul 
Martorana and Dean Patrick Socci. Students 
visited a number of companies in Cape Town and 
Johannesburg, and met with top-level executives 
such as the senior vice president of Philips and 
CEO of Philips Africa, a multinational corporation 
committed to 
delivering 
meaningful 
innovations that 
enhance the 
lives of 
Africans; the 
head of human resources and marketing of Cape 
Union Mart, a large upscale retail chain in South 
Africa, and the founder of Waterford Wine Estate. 
The group also met with the chief executive officer 
of Yum Brands in Johannesburg, the largest food/ 
beverage producer in South Africa, and visited 
Mediclinic South Africa, a major private hospital 
network, where they attended presentations by its 
chief financial officer and chief clinical officer. The 
program culminated in an exciting two-day trip to 
the Entabeni Game Reserve where they experienced 
a traditional safari. 
“The global practicum is an essential component of 
the Online MBA Program. It serves to integrate a 
practical experience-based component in the global, 
strategic aspects covered in the program’s courses. 
This practicum provides the necessary cultural and 
corporate immersion that is so essential to an MBA 
education today,” commented Dr. Kaushik Sengupta, 
director of the Online MBA Program and chair, 
Department of Management and Entrepreneurship. 
For EMBA students, the trip is preceded by a 
team-taught, six-credit international practicum class 
covering important concepts in international 
business, with a focus on the country visited. 
Students view the trip as one of the highlights of the 
program, as it illustrates current business practices 
as well as cultural differences among countries. 
According to Barry Berman, EMBA director 
and the Walter H. “Bud” Miller Distinguished 
Professor of Business, “The trip is designed to 
contrast the business environment either within or 
between countries. Previous trips have been so 
successful that past graduates have chosen to attend 
new trip destinations.” 
Online MBA and EMBA Students Embark 
on Global Practicum to South Africa 
Students visiting the 
South Africa Penguin 
Preserve at 
Boulders Beach. 
A parade of elephants in the South African safari. 
Students getting up close and personal 
with the wildlife in South Africa.
15 
Student Achievements 
“I would like to compliment the professors on the trip. 
This journey to South Africa was a great opportunity that certainly 
exceeded my expectations.” 
Students enjoying traditional African 
face painting at the welcome dinner. 
Students enjoying their exotic 
safari ride in South Africa. 
Students touring along Chapman’s 
Peak Drive in Cape Town.
16 
Zarb Signature Events 
Linda J. Williams 
teaching attendees 
about dining etiquette. 
Uniondale High School 
Ladder to Leadership 
members with 
copies of Lean In 
by Sheryl Sandberg 
Uniondale High School 
student practicing her 
etiquette skills. 
Entrepreneurship 
in Africa 
Ladder to Leadership 
Etiquette Breakfast With 
Uniondale High School 
As part of the Ladder to Leadership Program, a 
collaborative mentoring initiative sponsored by 
Flushing Bank that joins Zarb and Uniondale High School 
students, over 70 Ladder to Leadership members 
were invited to an etiquette breakfast at Hofstra 
hosted by Linda J. Williams, founder of Protocol, 
Etiquette, and Civility Experts Co. During this 
workshop, Uniondale students and Zarb mentors 
practiced proper dining techniques. All students 
were given a copy of the book Lean In by 
Sheryl Sandberg, which encourages women to 
believe in themselves and never give up on the 
pursuit of their dreams. 
In collaboration with World Trade Week, 
the Zarb School and U.S. Department of 
Commerce’s Long Island Export Assistance 
Center hosted “Entrepreneurship in Africa.” 
This event featured speakers both near and 
far. Dr. Richard Hayes, associate professor 
of management and entrepreneurship, and 
Michael Sudarkasa, CEO, Africa Business 
Group, spoke live from South Africa about 
the local business model canvas and key 
markets to pursue. Radia Funna, founder 
and chief blazer of Build n Blaze, continued 
the discussion, speaking about branding 
positioning in new markets. Finally, Susan 
Sadocha, international trade specialist 
from the Long Island U.S. Export 
Assistance Center, described available 
exporting resources. 
Zarb Signature Events 
Tanya Cole, commercial officer, U.S. Commercial Service, 
Department of Commerce, Long Island U.S. Export Assistance 
Center, providing welcoming remarks to attendees.
17 
Douglas Maine Speaks With 
Zarb Dean’s Business Scholars 
Sponsored by BDO, Douglas Maine, Zarb alumnus (MBA, ’78) and senior advisor at 
Brown Brothers Harriman (former chief financial officer at IBM), spoke to Dean’s 
Business Scholars at a special dinner at Morton’s Steakhouse. He discussed his career 
journey, in addition to what he valued most in his Hofstra education. Students had the 
opportunity to speak one on one with Mr. Maine and received valuable advice from 
this industry expert. Mr. Maine has been a longtime supporter of the Zarb School, 
assisting in curriculum development and frequently speaking to accounting classes 
throughout the semester. 
Zarb Signature Events 
Steven Meier, EVP 
and CIO, global fixed 
income, currency and 
cash, State Street 
Global Advisors, and 
Zarb alumnus (BBA, ’84), 
speaking to students. 
Steven R. Meier Speaks to 
Zarb Finance Students 
Steven R. Meier (BBA, ’84), EVP and CIO, global fixed income, 
currency and cash, State Street Global Advisors, discussed his 
career path and experiences in the financial industry. Mr. Meier 
also shared with students his personal and professional principles, 
one of which included the following phrase: “Treat every day as an 
opportunity and a privilege.” 
Douglas Maine, Zarb alumnus (MBA, ’78) and senior advisor at Brown Brothers Harriman 
(second from left, standing); Dean Socci (far left, standing); and BDO team members (center, L-R) 
Natalie Verbanac, senior manager; Richard Bertuglia, partner; and Donald Carlin, senior director, 
with Dean’s Business Scholars. 
Zarb Executive Speaker Series With Donna Iucolano 
Hofstra alumna Donna Iucolano (BA, ’86; MSEd, ’89; MBA, ’94), principal of Spinach Candy, LLC, a strategic business e-commerce 
advisory and consulting company, presented “How Digital Commerce and Marketing Are Changing the C-Suite” to graduate students. 
She described how e-commerce and online marketing have been a powerful force for businesses for the past 20 years. Ms. Iucolano’s 
previous roles include former executive vice president, New York & Company; CEO-North America, International Masters Publishers; 
executive vice president and division president, Scholastic Inc.; and senior vice president, Interactive Services, 1-800-FLOWERS. 
Donna Iucolano
18 
Zarb Signature Events 
David A. Ross, Global Head of Marketing, Viteos Capital 
Market Services, Speaks to Zarb Students 
David A. Ross (BBA, ’91), global head of marketing, Viteos Capital Market Services, presented “The Modern Hedge Fund: 
How Customized Outsourced Shadow-Accounting Improves Scalability, Transparency and Differentiation.” During his 23 years 
in marketing and communications, Mr. Ross gained industry experience at leading global financial firms and has a proven record 
for creating and implementing transformational branding strategies. Prior to joining the fund administration sector, Mr. Ross 
was senior vice president and head of global banking and markets marketing at HSBC. He held roles in institutional marketing at 
T. Rowe Price and also served as a director overseeing institutional global fixed income, foreign exchange and emerging markets 
equity research marketing at Merrill Lynch. 
Undergraduate Student Leadership 
End-of-the-Year Celebration at 
Dave and Buster’s 
The Dean’s Office held a special celebration for Zarb undergraduate 
student leaders at Dave and Buster’s in appreciation of their dedicated 
efforts throughout the year. Students, faculty and alumni joined for an 
afternoon of activities, including bowling and arcade games. 
Zarb student organization leaders with Patricia Salama, director of outreach (far left); David 
Katzman (MBA, ’06), vice president, Zarb Alumni Association and senior associate, Forest Hills 
Financial Group (second from left, back row); and Professor Glen Vogel, assistant professor of 
accounting, taxation, and legal studies in business (third from right, back row). 
David A. Ross 
FortunoffJewelry.com 
President Esther Fortunoff 
Speaks to Zarb MBA Students 
Esther Fortunoff, a well-known and respected executive with 
over 30 years in the jewelry industry and current president of 
FortunoffJewelry.com, spoke to graduate students enrolled in 
Dr. Anoop Rai’s MBA capstone course. Ms. Fortunoff discussed 
marketing and the various ways to do outreach and branding 
today, as compared to what was done in previous years. Students 
commented that many longtime Fortunoff customers have 
emotional ties to the Fortunoff brand and are still interested in 
making fine jewelry purchases either at fortunoffjewelry.com or 
at a future retail store. 
Esther Fortunoff (front row, third from right) 
and Dr. Anoop Rai (far right, back row) with 
MBA capstone class.
19 
For the past two academic years, Reginald 
Andre (BBA, ’04) served as president 
of the Zarb Alumni Association. Under 
Mr. Andre’s leadership, the group increased 
networking opportunities and the number of students 
and alumni participating in the Zarb Career Series 
– a program where alumni provide assistance to 
students with resume preparation and interview 
skills. He also helped create a company team 
program, which brings together 
alumni at large companies to 
assist with recruitment, 
fundraising, and networking 
opportunities. The Zarb 
School of Business and the 
alumni community express 
their heartfelt thanks to Mr. Andre for his dedicated 
service to the Zarb Alumni Association. 
Kathleen Stanley (BBA, ’91) is the new president of 
the Zarb Alumni Association. Ms. Stanley has been 
a member of the Executive Council of the Hofstra 
Alumni Organization, where she served two terms 
as parliamentarian/historian and previously served 
as co-chair of the Communications and Marketing 
Committee. She is also a member of Hofstra 
University’s Women in Leadership Initiative. 
As senior vice president for Capital One Bank, 
Ms. Stanley directs the sales and implementation of 
treasury management solutions for commercial bank 
clients in the northeastern United States. She has 
spent more than 15 years in the financial services 
industry – as a customer service representative, 
assistant branch manager, branch manager, and vice 
president in charge of branch administration. 
The Zarb Alumni Association works tirelessly to 
strengthen the alumni network. During the spring 
semester, the organization hosted its eighth semiannual 
Career Series, which is aimed at strengthening 
the career preparedness of current students. During 
the 2013-2014 academic year, the Zarb Alumni 
Association helped over 100 students improve their 
chances of landing the job of their dreams. 
Through the association’s involvement with 
The Career Center and Graduate Business Career 
Services, alumni participated in many panels 
such as “What Is Business Communication?” 
– a discussion with students about the do’s and don’ts 
of communication in the workplace. 
The Zarb Alumni Association also hosts numerous 
alumni networking events throughout the year, both 
on Long Island and in Manhattan. This past spring, 
networking nights were held as Seasons 52 in Garden 
City and Pranna in Midtown Manhattan. 
For more information about getting involved with 
the Zarb School, contact Stacey Bogdan at 
Stacey.D.Bogdan@hofstra.edu or 516-463-4134. 
Alumni can also visit hofstra.edu/zarbalumni 
to join the official LinkedIn group and receive the 
latest alumni news and upcoming event listings. 
“What Is Business Communication?” 
panel featuring Zarb alumni. 
Reginald Andre (BBA, ’04), former past president 
of the Zarb Alumni Association and vice president, 
alternative investments and manager selection, 
investment management division, Goldman Sachs 
(far right), with David Katzman, vice president, 
Zarb Alumni Association, Zarb alumnus (MBA, ’06) 
and senior associate, Forest Hills Financial Group 
(far left), with fellow Zarb alumni at spring 
practice interviews. 
Kathleen Stanley (BBA, ’91), 
new Zarb Alumni Association 
president and senior vice 
president, Capital One Bank. 
New York City Zarb 
networking night. 
Zarb Alumni Association 
Zarb Alumni Association 
Zarb alumni networking night at Pranna.
prideandpurpose 
SUPPORT YOUR ALMA MATER! 
Some amazing things are happening here at Zarb, and you are a major reason for this success. 
Thank you for taking the time to read this newsletter which offers a glimpse of the exciting events taking place here at the business school. 
Now we want to hear from you! Please send your news and updates to Patricia Salama at patricia.salama@hofstra.edu. 
Over the years, your financial support has had a real impact on our students and our school. 
We hope you will take this opportunity to show your PRIDE and continue that tradition of success by visiting hofstra.edu/zarbdonation. 
Every single gift, regardless of the amount, makes a difference. 
We wish you all the best in your future endeavors and thank you for your many contributions to the Zarb School. 
Warm regards, 
Dean Patrick Socci 
facebook.com/hofstrazarb twitter.com/Frank_G_Zarb zarbmeansbusiness.com 
Frank G. Zarb School of Business 
Dean’s Office 
134 Hofstra University 
Hempstead, New York 11549-1340 
516-463-5678 
hofstra.edu/zarb 
Educating for Personal and Professional Achievement

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Zarb School of Business Newsletter Fall 2014

  • 1. Educating for Personal and Professional Achievement Frank G. Zarb School of Business Update | Fall 2014
  • 2. Classnotes Table of Contents 3 A Message From the Dean 4 Zarb Highlights 10 Zarb Faculty Accomplishments 12 Zarb Student Achievements 16 Zarb Signature Events 19 Zarb Alumni Association Published by Patricia Salama, Director of Outreach, Frank G. Zarb School of Business, Hofstra University Edited by Linda Merklin, Manager, Editorial Services, Hofstra University Designed by Denise Sarian, Graphic Artist, Hofstra University Hofstra University is committed to extending equal opportunity to all qualified individuals without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, national or ethnic origin, physical or mental disability, marital or veteran status in employment and in the conduct and operation of Hofstra University’s educational programs and activities, including admissions, scholarship and loan programs, and athletic and other school-administered programs.
  • 3. 3 A Message From the Dean A Message From the Dean The Zarb School’s commitment to educating students for personal and professional achievement has never been stronger. This past spring semester, we developed experiential learning opportunities for our students, organizing over 47 events, including a trip to the United Nations and Google headquarters. A conference titled Prospects of Real Estate and Alternative Investments for 2014 and Beyond, organized by The Institute of Real Estate and the Zarb School’s Center for International Financial Services and Markets, offered a global perspective on investment opportunities. Alumni also initiated the formation of the Goldman Sachs Company Team to increase career preparation, networking and employment opportunities for Zarb students. In addition, presentations by successful alumni continue to enrich the student experience. Speakers who visited Zarb during the past semester included Douglas Maine (MBA, ’78), senior advisor at Brown Brothers Harriman; Donna Iucolano (BA, ’86; MSEd, ’89; MBA, ’94), principal, Spinach Candy, LLC; David A. Ross (BBA, ’91), global head of marketing, Viteos Capital Market Services; and Steven R. Meier (BBA, ’84), EVP and CIO, global fixed income, currency and cash, State Street Global Advisors. A new Zarb MBA in Manhattan began this fall. Located at the Manhattan Eye, Ear & Throat Hospital, this program will offer ease of accessibility to working professionals in New York City. The curriculum combines on-site and online classes and the ability to complete the degree requirements in just 28 months. Our students continue to excel at national competitions. This past spring, Hofstra University’s American Marketing Association was named among the top 25 chapters in the nation, and Beta Alpha Psi won second place at the Atlantic Coast Regional Meeting. Additionally, three Zarb students finished in the top 100 at the Institutional Investor Alpha Seal Competition, while Dr. Vishnoo Kothapeta, a Zarb graduate student, was awarded Best Research Presentation at the Northeast Decision Sciences Institute Conference. Zarb faculty made strides in their mentoring, teaching and research endeavors. Dr. Carole Jurkiewicz was named editor-in-chief of the American Society for Public Administration’s journal Public Integrity. Professors Victor Lopez and Eugene T. Maccarrone received the Best Paper of the Conference Award at the North East Academy of Legal Studies in Business Conference, while Professors Robert Katz and Neil Katz received an Appreciation Award from the Nassau Chapter of the New York State Society of Certified Public Accountants in recognition of their dedication to the chapter. The Zarb School of Business continues to be recognized for its strong programs and favorable outcomes. Zarb ranks 10th on Payscale.com’s Best Schools by Salary Potential for Business Majors. Hofstra is the only university in New York State to make the top 10. Zarb also received the Export Achievement Award by the United States Department of Commerce in May in recognition of the school’s contribution to international trade and promotion in the education sector. Looking forward, we will kick off the fall semester with a conference titled Compliance and a Culture of Integrity, which will feature leading academics and industry professionals who will offer insight on this critical topic. It is our foremost priority to continue the development of innovative programming and curriculum for our students. On behalf of our students, faculty and staff, I thank you for your commitment to the Zarb School and hope you enjoy this issue of our Zarb newsletter. Warm regards, Patrick J. Socci, PhD Dean Frank G. Zarb School of Business, Hofstra University
  • 4. Gioia P. Bales, associate dean, Frank G. Zarb School of Business, accepts the Export Achievement Award on behalf of the Zarb School, with Joe Schoonmaker, chair, New York District Export Council (left), and James Cox, regional director, U.S. Commercial Service, Northeast. Zarb Highlights Zarb Highlights 4 Frank G. Zarb School of Business Receives Export Achievement Award from the United States Department of Commerce The Frank G. Zarb Business School received the Export Achievement Award from the United States Department of Commerce at the 2014 World Trade Week Awards Breakfast in New York City in May. The Zarb School was recognized for its outstanding contribution to international trade and promotion in the education sector as a result of the school’s participation in the U.S. Commercial Service Educational Trade Mission to Brazil in 2013. Associate Dean Gioia Bales attended the trade mission, which resulted in the enrollment of several students from Brazil. The Zarb School continues to work in partnership with the Long Island U.S. Export Assistance Center to further recruitment efforts in Asia, the Americas, Europe and Africa. Zarb Among Top 10 in the Nation for Undergraduate Business Majors by Earnings The Frank G. Zarb School of Business is among the top 10 in the nation for undergraduate business majors based on the mid-career salary of its graduates, according to the 2014-15 Payscale.com College Salary Report. Zarb ranks 10th on Payscale.com’s Best Schools by Salary Potential for Business Majors, ahead of Cornell, New York, George Washington, Syracuse, Pace and Rutgers universities. Hofstra is the only university in New York State to make the top 10. Mid-career salary for Zarb School undergraduate business alumni is $116,500, according to the report. For members of the Zarb School’s Class of 2012-13 who graduated with a bachelor’s degree, 96 percent reported being employed or in graduate school, according to the latest career outcome report. More than half of those who reported being employed accepted their jobs before graduation. The Zarb School was also ranked among the Top 10 Business Schools in New York by FIND MBA, which factors in geography, cost, employment data and rankings among other criteria. LinkedIn also ranked Hofstra second overall for media professionals based on the career paths of its graduates, including Zarb alumni.
  • 5. 5 Zarb Highlights Top left: First-place winner Cathy Bronswinkel with runners-up Weijian Zhang (left) and Jason Smit. Left: Zarb student participants along with Vice Dean and C. V. Starr Distinguished Professor in Finance and Investment Banking Dr. George Papaioannou (second from right), Associate Dean Gioia Bales (third from right), Director of Outreach Patricia Salama (far right), Professor of Finance Dr. Anoop Rai (far left, back row) and Professor of Finance Dr. Ahmet Karagozoglu (far left, front row). Zarb Students Compete in Martin B. Greenberg Trading Room Simulation With Rotterdam School of Management Students Graduate students from the Zarb School of Business competed with students from three countries – Curaçao, Lebanon and Mexico – in a simulated trading competition held at the Zarb School’s Martin B. Greenberg Trading Room. The students enrolled at Erasmus University’s Rotterdam School of Management’s Financial Executive Management Program visited New York for the competition. Organized by Oxyor, a Netherlands-based company offering executive training sessions to the financial services industry, the event began with an introduction to market trading and analysis, followed by the competition. Zarb Launches New MBA in Manhattan The Frank G. Zarb School of Business is now offering an MBA in the heart of the city. Located at the Manhattan Eye, Ear & Throat Hospital on East 64th Street between 2nd and 3rd Avenue, this program is a convenient option for working professionals in New York City. This 41- to 48-credit MBA cohort program in strategic business management and strategic healthcare management can be completed in 28 months. The curriculum combines on-site and online classes, with most of the on-site classes scheduled back to back, one night a week. For additional information or to apply, contact Jeffrey Mon, MBA, executive director for graduate business programs, at Jeffrey.D.Mon@hofstra.edu or 516-463-ZARB (9272). Student participants from University of Curaçao.
  • 6. 6 Zarb Highlights Second Cohort Graduates From Online MBA Program In May, the second cohort in the Online MBA Program graduated; 17 students completed the program in two years. At a special dinner for graduates, awards were presented to Wendy Darwell and Eric Bates for High Academic Achievement, and to Dr. Anoop Rai for Best Teacher. Within the graduating class was Kathryn Kaminski, daughter of Elaine Lilli, who also graduated from Hofstra with a Master of Science in secondary education. “I feel very blessed to have a mother who has always placed such a high value on education serving as an inspiration to me,” Kathryn said. “This is a remarkable achievement for the students, and it showed the dedication and effort they have demonstrated throughout the last couple of years. We wish them well in their career prospects and other endeavors and welcome them as part of the alumni family,” stated Dr. Kaushik Sengupta, director of the Online MBA Program and chair, Department of Management and Entrepreneurship. Best Teacher award recipient Dr. Anoop Rai, professor of finance. Proud Hofstra alumna Elaine Lilli with daughter Kathryn Kaminski. “It is a source of great pride to see my daughter graduate from my alma mater. I am certain that this is the stepping stone of many accomplishments to come for her.” Mastering the Art of Business Presentations Mastering the Art of Business Presentations is a hands-on, interactive workshop taught by Professor Marc Kopman, former vice president of learning and development at Time Warner Cable in New York City. The curriculum focuses on effective individual and group presentation techniques as well as the facilitation skills required for leading a discussion. This workshop is required for all MBA students. Students practice their skills during videotaped presentations and are given immediate feedback from their colleagues and instructor. After the workshop, each student reviews his or her video during a one-on-one coaching session. “Professor Kopman is a great role model and expert at presenting. I have learned so much that I can apply both inside and outside the classroom,” stated Zarb graduate student Brendan Gorey. Professor Kopman coaching students in his Mastering the Art of Business Presentations workshop. Award recipients Wendy Darwell and Eric Bates with Dean Patrick Socci (right) and Dr. Kaushik Sengupta, director of the Online MBA Program and chair, Department of Management and Entrepreneurship. Graduating second cohort of Online MBA Program.
  • 7. 7 Zarb Highlights Prospects of Real Estate and Alternative Investments for 2014 and Beyond, presented by The Institute of Real Estate, Frank G. Zarb School of Business, and Center for International Financial Services and Markets, examined the trends and issues of investing in real estate and alternative investments. Conference co-directors Dr. Ehsan Nikbakht and Dr. Andrew Spieler, Zarb professors of finance, coordinated a team of experts, including keynote speakers Matthew Moran, vice president of the Chicago Board Options Exchange, and Randy Anderson, Griffin Capital’s chief economist, editor of the Journal of Real Estate Portfolio Management and former Howard Phillips Eminent Scholar Chair in Real Estate and chair at the University of Central Florida. Panel discussions were held throughout the day. The first panel, moderated by Dr. Spieler and Dr. Robert Campbell, associate professor of finance, was titled “Real Estate: Investments, REITs, Managing Risk & Taxes” and featured Stewart Zimmerman, former chairman of the board and chief executive officer, MFA Mortgage Investments, Inc.; Noah Fried, associate equity analyst, Atlantis Investment; Roya Nouvini, asset manager, Arbor Realty Trust, Inc.; James Burns, real estate tax grievance consultant, Aventine Properties; and Vicky Lantushenko, PhD candidate and researcher in REITs, Drexel University. The second panel, moderated by Dr. Nikbakht and Brian Walls, vice president, Deutsche Bank AG, was titled “Alternative Investments: Innovations and Issues” and included Joe Labella, chapter executive, NY Chartered Alternative Investments Analyst, and senior manager, Diefendorf Capital, NY; Aye Soe, director, global research and design, S&P Dow Jones Indices, and Zarb adjunct instructor of finance; Thomas Gray, senior regulatory advisor, regulatory policy and advisory team, Deutsche Bank AG; Christian Cooper, former senior fixed income trader, Jefferies & Co., most recently consulting with Harvard School of Business, Truman National Security fellow and member, Council on Foreign Relations; and Gary Kalbaugh, director and assistant general counsel, ING Financial Markets and special professor of law, Maurice A. Deane School of Law, Hofstra University. Prospects of Real Estate and Alternative Investments for 2014 and Beyond Conference Zarbmeansbusiness.com Dr. Joel Evans, professor of marketing and international business and RMI Distinguished Professor of Business, is the blogger-in-chief of the new Zarb Means Business blog. The blog highlights current events, faculty news, student accomplishments and profiles about some of your favorite members of the Zarb team. Industry resources and career statistics are also available on the new Zarb blog. To join and receive the latest updates from the Zarb School, visit zarbmeansbusiness.com. Top: Keynote speaker Randy Anderson (center), with Richard V. Guardino, Jr., executive dean, Wilbur F. Breslin Center for Real Estate Studies (far right); Dr. Patrick Socci, dean, Frank G. Zarb School of Business (second from left); and Conference Co-Directors Dr. Ehsan Nikbakht (far left) and Dr. Andrew Spieler. Middle: “Real Estate: Investments, REITs, Managing Risk & Taxes” panel discussion. Bottom: Dean Socci (second from left) and Executive Dean Guardino (far right) with conference sponsors (L-R): Robert Mayer, Mayer CPAs, LLP; Robert Kuchner, Marks Paneth, LLP; and Larry Charney, Frankel, Loughran, Starr & Vallone, LLP.
  • 8. 8 Zarb Highlights Dean’s Business Scholars Visit Google and United Nations Headquarters Dean’s Business Scholars, along with Zarb student leaders, visited Google headquarters in New York City this past March. After touring the facility, students met with several Google employees and discussed their career journeys. They also discussed current online industry trends in addition to qualities of successful employment candidates. Students also visited United Nations headquarters, where they toured the facility and learned about issues facing the organization today. Following the tour, two special briefings were held for Zarb students on legal affairs in business and Global Compact, the United Nations’ social responsibility initiative. 75 Undergraduate and Graduate Students Complete Bloomberg Essentials Program The Finance Department offers Zarb students the opportunity to obtain Bloomberg Essentials Program (BESS) designation by completing a self-study in the Martin B. Greenberg Trading Room, one of the largest academic trading rooms in the country. For the last 10 years, students have been trained in this state-of-the-art facility, which is equipped with 34 Bloomberg Professional terminals. During the 2013- 2014 academic year, a record number of 75 undergraduate and graduate students completed the Bloomberg workshops. Upon completion of the program, students visit Bloomberg headquarters in New York City for a tour of the facility. Bloomberg staff also recognized students’ BESS designations during a special ceremony officiated by Alexandra Huber, global head of training for sales and analytics at Bloomberg. “I have been organizing these ceremony visits for the last 10 years and know first-hand that visiting Bloomberg and receiving their BESS designations from Bloomberg staff is one of the most memorable highlights of their Zarb experience,” stated Dr. Ahmet Karagozoglu, academic director of the Martin B. Greenberg Trading Room and professor of finance. Dean’s Business Scholars and Zarb undergraduate student leaders at Google headquarters in New York City. Associate Dean Gioia Bales (center) and Patricia Salama, director of outreach (fifth from left), with Dean’s Business Scholars and Zarb undergraduate student leaders inside the general assembly room at United Nations headquarters. Students at Bloomberg Headquarters in New York City with Dr. Ahmet Karagozoglu, academic director of the Martin B. Greenberg Trading Room and professor of finance, and Alexandra Huber, global head of training, sales and analytics, Bloomberg LP. Ms. Huber during BESS designation ceremony for Zarb students.
  • 9. 9 Zarb Highlights At the 2014 Student Leadership Awards and Alumni Volunteer Celebration, Zarb students, alumni, faculty and staff joined to celebrate the end of the spring semester. For the second year, Reginald Andre, Zarb Alumni Association former past president, sponsored the Reginald Andre ’04 Endowed Award for Zarb Student Activities. This prize is awarded to fund a new program, event or initiative not currently offered through a student organization or the Zarb School. This year’s award was presented to Alpha Kappa Psi. The professional business fraternity will create an event planning handbook that all Zarb student organizations will utilize. In addition, Dean Patrick Socci also presented the 2013-2014 Dean’s Awards for Outstanding Zarb Student Organizations. At the undergraduate level, the Hofstra American Marketing Association (HAMA) won this honor. This past semester, HAMA participated in the American Marketing Association’s 36th Annual International Collegiate Conference in New Orleans and received six awards, including Top 25 Chapter Status. At the graduate level, the Zarb Human Resource Management Association was honored. The organization’s efforts at events such as the conferences of the Society of Human Resources Management as well the National Association of Mothers’ Centers’ annual Work-Life Balance Conference have been instrumental in exposing students to various human resource career paths. Dean Socci also thanked alumni volunteers who have generously donated their time throughout the year. “Our strong Zarb alumni network would not be where it is without your efforts, and I personally thank you for all that you have contributed on behalf of our students and the Zarb School.” The Reginald Andre ’04 Endowed Award for Zarb Student Activities and Dean’s Awards for Outstanding Zarb Student Organizations Beta Gamma Sigma Honors Larry Roman and Dr. Laura Lally The Zarb School of Business Chapter of Beta Gamma Sigma honored Larry Roman (BBA, ’77) as the 2014 Chapter Honoree. Mr. Roman has more than 30 years of experience in the mechanical construction industry and is currently CEO of WDF Inc. The 2014 Faculty Inductee Award was given to Dr. Laura Lally, associate professor of information systems and business analytics. Dr. Lally has been part of the Zarb family for over 25 years and has been instrumental in the development of the Beta Gamma Sigma chapter. She continues to be a respected mentor to its members. Dean Socci with members of Alpha Kappa Psi, recipient of the 2014 Reginald Andre ’04 Endowed Award for Zarb Student Activities. Dean Socci with members of the Hofstra American Marketing Association, winner of the 2013-2014 Dean’s Award for Outstanding Zarb Undergraduate Student Organization. Dean Socci with members of the Zarb Human Resource Management Association, winner of the 2013-2014 Dean’s Award for Outstanding Zarb Graduate Student Organization. Laura Lally, associate professor of information systems and business analytics. Larry Roman, CEO, WDF Inc.
  • 10. 10 Dr. Dominique Gehy Dr. John Affisco, Dr. Javad Paknejad and Dr. Farrokh Nasri Win Best Paper Award for Contribution to Theory Professors of Information Systems and Business Analytics Dr. John Affisco, Dr. Javad Paknejad and Dr. Farrokh Nasri won the Best Paper Award for Contribution to Theory for their publication titled “Analysis of Vendor Environmental Costs in the JELS Model with Sustainability” at the 2014 Northeast Decision Sciences Institute Conference. Dr. Barry Berman Receives American Collegiate Retailing Association’s Hall of Fame Award Dr. Barry Berman, the Walter H. “Bud” Miller Distinguished Professor of Business and EMBA program director, received the American Collegiate Retailing Association’s (ACRA) Hall of Fame Award at the organization’s spring 2014 meeting in Dallas, Texas. ACRA is the global professional association of faculty who teach and conduct research in retailing and related areas. Dr. Berman was vice president of ACRA from 2010 to 2012, and president from 2012 to 2014. Dr. Berman is the ninth Hall of Fame inductee in the organization’s 65 years. Dr. Debra Comer Selected as Co-Editor for Special Issue of the Journal of Business Ethics and Associate Editor for the Journal of Management Education Dr. Debra Comer, professor of management and entrepreneurship, was selected as co-editor for a special issue of the Journal of Business Ethics on positive organizational ethics. Additionally, along with her co-editors, she wrote the editorial for this issue. Dr. Comer was also appointed as associate editor for the Journal of Management Education where she previously served in this capacity from 2010 to 2012. Dr. Dominique Gehy Awarded the 2014 Dean’s Research Award Dr. Dominique Gehy, assistant professor of finance, was awarded the 2014 Dean’s Research Award for her publication titled “Changing the Rules Again: Short Selling in Connection With Public Equity Offers.” This article was published in the Journal of Banking and Finance and studies the impact of two recent regulations that impose restrictions on short selling. The results of the study imply that recent restrictions on short selling have significant unintended effects on the capital raising process. Faculty Accomplishments Dr. John Affisco Dr. Farrokh Nasri Dr. Debra Comer Dr. Carole Jurkiewicz Named Editor-in-Chief of the American Society for Public Administration Journal Public Integrity Dr. Carole L. Jurkiewicz, professor of management and entrepreneurship, has been named editor-in-chief of Public Integrity, the foremost journal on ethics and leadership in all aspects of modern public service. Through a highly competitive process overseen by the American Association of Public Administration’s Section on Ethics’ Executive Committee, Dr. Jurkiewicz was selected from among a group of top scholars around the world for this key role. She is the first woman to be named editor-in-chief. As editor-in-chief, Dr. Jurkiewicz aims to further the understanding of ethics in the public sector as well the intersection of public, private, and nonprofit organizations. Dr. Jurkiewicz recently presented two papers at the American Society for Public Administration’s annual conference: “The Scope of Ethics and Integrity Research: Past, Present, Future” and “Show and Tell: The Military’s Response to an Open LGBT Armed Forces.” She also served as the moderator for the ASPA panel “Tactics, Trends, and Perspectives in Public Sector Ethics and Integrity Research.” In addition, Dr. Jurkiewicz was awarded the Frank G. Zarb School of Business Best Teacher Award by the EMBA Class of 2014. Dr. Carole Jurkiewicz Zarb Faculty Accomplishments Dr. Barry Berman
  • 11. 11 Faculty Accomplishments Professor Linda Schain Dr. Elaine Sherman Dr. Elizabeth Venuti Professor Glen Vogel Researches the Generational Gap and Cultural Challenges Facing Business Faculty in the Global Classroom Professor Glen Vogel, assistant professor of accounting, taxation, and legal studies in business, published “A Review of the International Bar Association and LexisNexis Technology Studies and the American Bar Association’s Commission on Ethics 20/20: The Legal Profession’s Response to the Issues Associated With the Generational Gap in Using Technology and Internet Social Media” in Alabama Law School’s Journal of the Legal Profession. Also, his article titled “English Language & Cultural Challenges Facing Business Faculty in the Ever-Expanding Global Classroom” was published in the Journal of Instructional Pedagogies. Professor Vogel was also appointed as the academic advisor to the Zarb School of Business’ chapter of the international business honor society Beta Gamma Sigma, which received exemplary status for the 2013-2014 academic year. Professor Linda Schain Named Regional Chapter Advocate for the Atlantic Coast Region of Beta Alpha Psi Linda Schain, department administrator and adjunct assistant professor of accounting, taxation, and legal studies in business, was named regional chapter advocate for the Atlantic Coast Region of Beta Alpha Psi. In this role, she will coordinate regional meetings and serves as the voice of the chapters. Dr. Elaine Sherman Awarded 2014 Dean’s Service Award Dr. Elaine Sherman, professor of marketing and international business, was awarded the 2014 Dean’s Service Award, after dedicating over 35 years to the Frank G. Zarb School of Business. Dr. Sherman has been instrumental in several initiatives at Hofstra, including involvement in the initial stages of designing a master’s program in gerontology, planning the creation of our Business Development Center and initiating a News12/Hofstra University Public Opinion Polling Program, which is currently celebrating its 25-year anniversary. Dr. Sherman is currently a senior editor of the Journal of Political Marketing and on the editorial review board of six scholarly journals. Dr. Elizabeth Venuti Named Zarb’s 2014 Teacher of the Year Dr. Elizabeth Venuti, associate professor and chair of the Department of Accounting, Taxation, and Legal Studies in Business, was named Zarb’s 2014 Teacher of the Year. Dr. Venuti has a notable record of teaching and service to Hofstra University. She received the Hofstra University Distinguished Teacher of the Year Award in 2006 and the Frank G. Zarb School of Business Dean’s Service Award in 2008. She has twice received the Beta Alpha Psi, Delta Pi Chapter Faculty Award for “Outstanding Dedication to Students.” In addition, she has served as chair of the Hofstra University Senate Planning & Budget Committee. Professors Robert Katz and Neil Katz Receive Appreciation Award from the Nassau Chapter of the New York State Society of Certified Public Accountants Father and son, Robert Katz, professor of accounting, taxation, and legal studies in business, and Neil Katz, adjunct assistant professor of accounting, taxation and legal studies in business, received an Appreciation Award from the Nassau Chapter of the New York State Society of Certified Public Accountants. The award was presented in honor of their dedication and service to the chapter in advancing the knowledge of Certified Public Accountants. Associate Professors Victor Lopez and Eugene T. Maccarrone Receive Best Paper of the Conference Award Victor Lopez and Eugene T. Maccarrone, associate professors of accounting, taxation, and legal studies in business, received the Best Paper of the Conference Award for their publication “Medical Malpractice Limitations for New York Infants – Time for a Change of Time?” at the North East Academy of Legal Studies in Business Conference. Additionally, Professor Lopez’s article, “State Homestead Exemptions and Bankruptcy Law: Is It Time for Congress to Close the Loophole?” (Rutgers Bus. LJ, 2010) was cited by the United States Supreme Court in Law v. Siegel (March 2014) and by another federal court (IN RE MARTIN – Bankr. Court, ED New York, 2013). Professor Neil Katz Professor Robert Katz Professor Glen Vogel Professor Victor Lopez
  • 12. Zarb Student Achievements 12 Student Achievements HAMA members at American Marketing Association national collegiate conference in New Orleans. HAMA Marketing Club Named Top 25 in Nation The Hofstra University chapter of the American Marketing Association (HAMA) took home six top awards at the 2014 American Marketing Association national collegiate conference in New Orleans, including being named one of the top 25 best-performing chapters in North America. HAMA is the largest preprofessional organization at Hofstra. Besides the top 25 award, HAMA took home the following honors: Outstanding Professional Development, Outstanding Chapter Planning, Outstanding Chapter Communications, Honorable Mention for Marketing Week activities, and Honorable Mention for the Case Competition. Zarb students at the annual ACG New York Cup competition. Zarb Students Compete at the Annual ACG New York Cup Competition Zarb students competed in the annual ACG New York Cup competition, a two-round contest designed to provide real-world experience for students in leading metropolitan New York graduate business programs. This year’s competition attracted over 150 students in 41 teams from seven schools. The competition requires student teams to analyze and offer advice in connection with a merger and acquisition transaction. Teams are judged on three criteria — valuation, alternative deal structures considered, and presentation. This year’s case called for teams to provide financial advice as investment bankers to a panel of seasoned merger and acquisition professionals, and role-play as the board of directors of a hypothetical company that has been approached with an offer from a private equity firm. Zarb Students Finish in the Top 100 at the Institutional Investor Alpha Seal Competition Zarb students Christopher Clarke, Christopher Barnes and Kunal Mehta finished in the top 100 at the Institutional Investor Alpha Seal Competition. The competition included undergraduate and graduate students from across the United States in the hunt for investment returns using a professional-style trading engine. More than 2,100 students from 82 schools participated in the competition.
  • 13. Student Achievements Dr. Vishnoo Kothapeta Wins the Best Research Presentation at the Northeast Decision Sciences Institute Conference Dr. Vishnoo Kothapeta, an MBA student with a dual major in health services management and information systems, was the winner of the Best Research Presentation, Master’s Level Student, at the Northeast Decision Sciences Institute Conference in Philadelphia in March. The paper identified the impact of the Health Information Technology for Economic and Clinical Health Act of 2009 on the information technology workforce. Under the supervision of Professor Alex Pelaez of the Information Systems and Business Analytics Department, the paper identified information technology trends in relation to the hiring and spending across hospitals in the United States. Dr. Vishnoo Kothapeta Delti Pi winning team with Dr. Elizabeth Venuti, chair, Department of Accounting, Taxation, and Legal Studies in Business (third from right), and Professor Linda Schain (second from right). Zarb’s Delta Pi Chapter Wins KPMG Gold Challenge Competition The Delta Pi Chapter of Beta Alpha Psi won the KPMG Gold Challenge Competition at the 2014 annual meeting in Atlanta, Georgia. Only 15 chapters are selected to win this prestigious award from more than 300 Beta Alpha Psi international chapters. Led by Dr. Daniel Tinkelman, professor of accounting, taxation, and legal studies in business and mentored by Linda Schain, department administrator, adjunct assistant professor of accounting, taxation, and legal studies in business and regional chapter advocate, the Delta Pi chapter has continuously enhanced both programming and development, exceeding the requirements for Superior Chapter status. Beta Alpha Psi Wins Second Place at Atlantic Coast Regional Meeting Three teams of students from Hofstra’s Delta Pi chapter made presentations at the Beta Alpha Psi Atlantic Coast regional meeting in Hartford, Connecticut. Matthew Barry, Robert Serikstad, Daniel Lewitt and Abdulla Tokie, led by faculty advisor Dr. Daniel Tinkelman, professor of accounting, taxation, and legal studies in business, presented on the subject of collaboration and were awarded second place, out of nine teams presenting. In addition to competitive academic events, Beta Alpha Psi members regularly collaborate with other schools and Hofstra organizations to give back to their community. Recently, they raised money for the Special Olympics through the Polar Plunge, volunteered at the Special Olympics floor hockey tournament, donated their time at a Long Island soup kitchen, and organized a business fashion show at Hofstra. 13
  • 14. 14 Student Achievements Online MBA and EMBA students traveled to South Africa this summer for their global practicum. The group was led by Dr. Richard Hayes, Dr. Yong Zhang, Dr. Paul Martorana and Dean Patrick Socci. Students visited a number of companies in Cape Town and Johannesburg, and met with top-level executives such as the senior vice president of Philips and CEO of Philips Africa, a multinational corporation committed to delivering meaningful innovations that enhance the lives of Africans; the head of human resources and marketing of Cape Union Mart, a large upscale retail chain in South Africa, and the founder of Waterford Wine Estate. The group also met with the chief executive officer of Yum Brands in Johannesburg, the largest food/ beverage producer in South Africa, and visited Mediclinic South Africa, a major private hospital network, where they attended presentations by its chief financial officer and chief clinical officer. The program culminated in an exciting two-day trip to the Entabeni Game Reserve where they experienced a traditional safari. “The global practicum is an essential component of the Online MBA Program. It serves to integrate a practical experience-based component in the global, strategic aspects covered in the program’s courses. This practicum provides the necessary cultural and corporate immersion that is so essential to an MBA education today,” commented Dr. Kaushik Sengupta, director of the Online MBA Program and chair, Department of Management and Entrepreneurship. For EMBA students, the trip is preceded by a team-taught, six-credit international practicum class covering important concepts in international business, with a focus on the country visited. Students view the trip as one of the highlights of the program, as it illustrates current business practices as well as cultural differences among countries. According to Barry Berman, EMBA director and the Walter H. “Bud” Miller Distinguished Professor of Business, “The trip is designed to contrast the business environment either within or between countries. Previous trips have been so successful that past graduates have chosen to attend new trip destinations.” Online MBA and EMBA Students Embark on Global Practicum to South Africa Students visiting the South Africa Penguin Preserve at Boulders Beach. A parade of elephants in the South African safari. Students getting up close and personal with the wildlife in South Africa.
  • 15. 15 Student Achievements “I would like to compliment the professors on the trip. This journey to South Africa was a great opportunity that certainly exceeded my expectations.” Students enjoying traditional African face painting at the welcome dinner. Students enjoying their exotic safari ride in South Africa. Students touring along Chapman’s Peak Drive in Cape Town.
  • 16. 16 Zarb Signature Events Linda J. Williams teaching attendees about dining etiquette. Uniondale High School Ladder to Leadership members with copies of Lean In by Sheryl Sandberg Uniondale High School student practicing her etiquette skills. Entrepreneurship in Africa Ladder to Leadership Etiquette Breakfast With Uniondale High School As part of the Ladder to Leadership Program, a collaborative mentoring initiative sponsored by Flushing Bank that joins Zarb and Uniondale High School students, over 70 Ladder to Leadership members were invited to an etiquette breakfast at Hofstra hosted by Linda J. Williams, founder of Protocol, Etiquette, and Civility Experts Co. During this workshop, Uniondale students and Zarb mentors practiced proper dining techniques. All students were given a copy of the book Lean In by Sheryl Sandberg, which encourages women to believe in themselves and never give up on the pursuit of their dreams. In collaboration with World Trade Week, the Zarb School and U.S. Department of Commerce’s Long Island Export Assistance Center hosted “Entrepreneurship in Africa.” This event featured speakers both near and far. Dr. Richard Hayes, associate professor of management and entrepreneurship, and Michael Sudarkasa, CEO, Africa Business Group, spoke live from South Africa about the local business model canvas and key markets to pursue. Radia Funna, founder and chief blazer of Build n Blaze, continued the discussion, speaking about branding positioning in new markets. Finally, Susan Sadocha, international trade specialist from the Long Island U.S. Export Assistance Center, described available exporting resources. Zarb Signature Events Tanya Cole, commercial officer, U.S. Commercial Service, Department of Commerce, Long Island U.S. Export Assistance Center, providing welcoming remarks to attendees.
  • 17. 17 Douglas Maine Speaks With Zarb Dean’s Business Scholars Sponsored by BDO, Douglas Maine, Zarb alumnus (MBA, ’78) and senior advisor at Brown Brothers Harriman (former chief financial officer at IBM), spoke to Dean’s Business Scholars at a special dinner at Morton’s Steakhouse. He discussed his career journey, in addition to what he valued most in his Hofstra education. Students had the opportunity to speak one on one with Mr. Maine and received valuable advice from this industry expert. Mr. Maine has been a longtime supporter of the Zarb School, assisting in curriculum development and frequently speaking to accounting classes throughout the semester. Zarb Signature Events Steven Meier, EVP and CIO, global fixed income, currency and cash, State Street Global Advisors, and Zarb alumnus (BBA, ’84), speaking to students. Steven R. Meier Speaks to Zarb Finance Students Steven R. Meier (BBA, ’84), EVP and CIO, global fixed income, currency and cash, State Street Global Advisors, discussed his career path and experiences in the financial industry. Mr. Meier also shared with students his personal and professional principles, one of which included the following phrase: “Treat every day as an opportunity and a privilege.” Douglas Maine, Zarb alumnus (MBA, ’78) and senior advisor at Brown Brothers Harriman (second from left, standing); Dean Socci (far left, standing); and BDO team members (center, L-R) Natalie Verbanac, senior manager; Richard Bertuglia, partner; and Donald Carlin, senior director, with Dean’s Business Scholars. Zarb Executive Speaker Series With Donna Iucolano Hofstra alumna Donna Iucolano (BA, ’86; MSEd, ’89; MBA, ’94), principal of Spinach Candy, LLC, a strategic business e-commerce advisory and consulting company, presented “How Digital Commerce and Marketing Are Changing the C-Suite” to graduate students. She described how e-commerce and online marketing have been a powerful force for businesses for the past 20 years. Ms. Iucolano’s previous roles include former executive vice president, New York & Company; CEO-North America, International Masters Publishers; executive vice president and division president, Scholastic Inc.; and senior vice president, Interactive Services, 1-800-FLOWERS. Donna Iucolano
  • 18. 18 Zarb Signature Events David A. Ross, Global Head of Marketing, Viteos Capital Market Services, Speaks to Zarb Students David A. Ross (BBA, ’91), global head of marketing, Viteos Capital Market Services, presented “The Modern Hedge Fund: How Customized Outsourced Shadow-Accounting Improves Scalability, Transparency and Differentiation.” During his 23 years in marketing and communications, Mr. Ross gained industry experience at leading global financial firms and has a proven record for creating and implementing transformational branding strategies. Prior to joining the fund administration sector, Mr. Ross was senior vice president and head of global banking and markets marketing at HSBC. He held roles in institutional marketing at T. Rowe Price and also served as a director overseeing institutional global fixed income, foreign exchange and emerging markets equity research marketing at Merrill Lynch. Undergraduate Student Leadership End-of-the-Year Celebration at Dave and Buster’s The Dean’s Office held a special celebration for Zarb undergraduate student leaders at Dave and Buster’s in appreciation of their dedicated efforts throughout the year. Students, faculty and alumni joined for an afternoon of activities, including bowling and arcade games. Zarb student organization leaders with Patricia Salama, director of outreach (far left); David Katzman (MBA, ’06), vice president, Zarb Alumni Association and senior associate, Forest Hills Financial Group (second from left, back row); and Professor Glen Vogel, assistant professor of accounting, taxation, and legal studies in business (third from right, back row). David A. Ross FortunoffJewelry.com President Esther Fortunoff Speaks to Zarb MBA Students Esther Fortunoff, a well-known and respected executive with over 30 years in the jewelry industry and current president of FortunoffJewelry.com, spoke to graduate students enrolled in Dr. Anoop Rai’s MBA capstone course. Ms. Fortunoff discussed marketing and the various ways to do outreach and branding today, as compared to what was done in previous years. Students commented that many longtime Fortunoff customers have emotional ties to the Fortunoff brand and are still interested in making fine jewelry purchases either at fortunoffjewelry.com or at a future retail store. Esther Fortunoff (front row, third from right) and Dr. Anoop Rai (far right, back row) with MBA capstone class.
  • 19. 19 For the past two academic years, Reginald Andre (BBA, ’04) served as president of the Zarb Alumni Association. Under Mr. Andre’s leadership, the group increased networking opportunities and the number of students and alumni participating in the Zarb Career Series – a program where alumni provide assistance to students with resume preparation and interview skills. He also helped create a company team program, which brings together alumni at large companies to assist with recruitment, fundraising, and networking opportunities. The Zarb School of Business and the alumni community express their heartfelt thanks to Mr. Andre for his dedicated service to the Zarb Alumni Association. Kathleen Stanley (BBA, ’91) is the new president of the Zarb Alumni Association. Ms. Stanley has been a member of the Executive Council of the Hofstra Alumni Organization, where she served two terms as parliamentarian/historian and previously served as co-chair of the Communications and Marketing Committee. She is also a member of Hofstra University’s Women in Leadership Initiative. As senior vice president for Capital One Bank, Ms. Stanley directs the sales and implementation of treasury management solutions for commercial bank clients in the northeastern United States. She has spent more than 15 years in the financial services industry – as a customer service representative, assistant branch manager, branch manager, and vice president in charge of branch administration. The Zarb Alumni Association works tirelessly to strengthen the alumni network. During the spring semester, the organization hosted its eighth semiannual Career Series, which is aimed at strengthening the career preparedness of current students. During the 2013-2014 academic year, the Zarb Alumni Association helped over 100 students improve their chances of landing the job of their dreams. Through the association’s involvement with The Career Center and Graduate Business Career Services, alumni participated in many panels such as “What Is Business Communication?” – a discussion with students about the do’s and don’ts of communication in the workplace. The Zarb Alumni Association also hosts numerous alumni networking events throughout the year, both on Long Island and in Manhattan. This past spring, networking nights were held as Seasons 52 in Garden City and Pranna in Midtown Manhattan. For more information about getting involved with the Zarb School, contact Stacey Bogdan at Stacey.D.Bogdan@hofstra.edu or 516-463-4134. Alumni can also visit hofstra.edu/zarbalumni to join the official LinkedIn group and receive the latest alumni news and upcoming event listings. “What Is Business Communication?” panel featuring Zarb alumni. Reginald Andre (BBA, ’04), former past president of the Zarb Alumni Association and vice president, alternative investments and manager selection, investment management division, Goldman Sachs (far right), with David Katzman, vice president, Zarb Alumni Association, Zarb alumnus (MBA, ’06) and senior associate, Forest Hills Financial Group (far left), with fellow Zarb alumni at spring practice interviews. Kathleen Stanley (BBA, ’91), new Zarb Alumni Association president and senior vice president, Capital One Bank. New York City Zarb networking night. Zarb Alumni Association Zarb Alumni Association Zarb alumni networking night at Pranna.
  • 20. prideandpurpose SUPPORT YOUR ALMA MATER! Some amazing things are happening here at Zarb, and you are a major reason for this success. Thank you for taking the time to read this newsletter which offers a glimpse of the exciting events taking place here at the business school. Now we want to hear from you! Please send your news and updates to Patricia Salama at patricia.salama@hofstra.edu. Over the years, your financial support has had a real impact on our students and our school. We hope you will take this opportunity to show your PRIDE and continue that tradition of success by visiting hofstra.edu/zarbdonation. Every single gift, regardless of the amount, makes a difference. We wish you all the best in your future endeavors and thank you for your many contributions to the Zarb School. Warm regards, Dean Patrick Socci facebook.com/hofstrazarb twitter.com/Frank_G_Zarb zarbmeansbusiness.com Frank G. Zarb School of Business Dean’s Office 134 Hofstra University Hempstead, New York 11549-1340 516-463-5678 hofstra.edu/zarb Educating for Personal and Professional Achievement