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 UniversityEdited by Linda Merklin, Manager, Editorial Services, Hofstra UniversityDesigned 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.

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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, PhDDeanFrank 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.

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Frank G. Zarb School of Business Receives Export Achievement Award from the United States Department of CommerceThe 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 EarningsThe 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.

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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.

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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.

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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.

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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 ProgramThe 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.

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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 LallyThe 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.

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.

10Dr. Dominique Gehy

Dr. John Affisco, Dr. Javad Paknejad and Dr. Farrokh Nasri Win Best Paper Award for Contribution to TheoryProfessors 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 EducationDr. 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 AwardDr. 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.

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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

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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 PsiLinda 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 AwardDr. 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 YearDr. 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 AwardVictor 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

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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 Achievem

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Dr. Vishnoo Kothapeta Wins the Best Research Presentation at the Northeast Decision Sciences Institute ConferenceDr. 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 CompetitionThe 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.

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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.

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ents“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.

A parade of elephants in the South African safari.

Students enjoying their exotic safari ride in South Africa.

Students touring along Chapman’s Peak Drive in Cape Town.

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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.

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Tanya Cole, commercial officer, U.S. Commercial Service, Department of Commerce, Long Island U.S. Export Assistance

Center, providing welcoming remarks to attendees.

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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

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David A. Ross, Global Head of Marketing, Viteos Capital Market Services, Speaks to Zarb StudentsDavid 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 StudentsEsther 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.

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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.

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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 BusinessDean’s Office

134 Hofstra University Hempstead, New York 11549-1340

516-463-5678

hofstra.edu/zarb

Educating for Personal and Professional Achievement