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Frank G. Zarb School of Business

Academics

The Zarb School of Business offers the Master of Business Administration (MBA), Master of Science (MS), and Executive Master of Business Administration (EMBA) as well as a joint degree in law (MBA/JD) and tax (JD/MS). Other programs include 4-1 BBA/MS and BBA/MBA degrees in accounting, marketing, and market research, federal work-study, Hofstra assistantships, foreign exchange with 6 countries, a variety of internships at for-profit and not-for-profit firms between the first and second years and select opportunities during the academic year, and a student consulting group offering second-year students opportunities for consulting engagements with small-to medium-size companies. The strongest areas of study are management, finance, and health service. The most popular courses are Managerial Finance, Marketing Analysis and Management, Information Systems for Managers, and Global Business Decision Making. Regular programs bring distinguished speakers and visiting professors to campus including the Graduate Business Executives Speaker Series, the Executive Breakfast Series, and the Corporate Connection Series (through Graduate Business Career Services).

Forty-one to 48 total credits are required to complete the MBA, including 15 elective credits. Required courses include:

  • Managerial Accounting and Reporting
  • Management Information Systems
  • Corporate Financial Management
  • Innovative Management of Contemporary Organizations
  • Advanced Applications for Quantitative Analysis
  • Marketing Management
  • Ethics, Environmental Responsibility, and Sociopolitical Diversity
  • Developing Leadership and Communication Skills

Required courses for the MS include:

  • 30 credits in discipline/concentration
  • Global Business Decision Making

Students may eliminate or substitute requirements through previous appropriate coursework with grades of B or better, taken within the past 5 years; residency workshops and core competency courses can be waived.

The minimum time permitted to complete the master’s degree program attending full time is 1 calendar year; maximum, 5 years. For students attending part time, the minimum is 2 calendar years; maximum, 5 years.

There are 41 total full-time graduate business faculty, of whom 93% hold a doctorate; there are 9 part-time faculty, of whom 44% hold a doctorate. Faculty salaries are rated above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 5; average business class size is 30.

Admissions

A bachelor’s degree is required. Most important admissions factors are academic accomplishments and ability, GMAT results, and essays. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 609; 363 were accepted; 217 enrolled. The average GPA was 3.12; average GMAT score was 520. Transfers are accepted. Minority students are actively recruited by visits to HBCU, advertisements in minority publications, and participation in Destination MBA programs.

Students may begin the MBA program in the fall, winter, spring, and summer. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $60, 2 letters of recommendation, a resume, and a statement of professional objectives. The application deadline is rolling for fall entry. Students are notified within 4 to 6 weeks after the application has been submitted of the admissions decision. Once accepted, students may defer admission for up to 1 year by writing a letter to the admissions office.

Financial Aid

About 42% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $13,371 annually; maximum $41,669.The FAFSA is required. The application deadlines are February 15 for fall entry; December 15, spring; March 15, summer.

Tuition for all students is $770 per credit, or $13,860 per year. On-campus room and board costs approximately $9800; books and supplies, $1000; personal expenses, $3585; and other fees, $930, for an estimated annual total of $29,175. Graduate student housing is available in campus-owned apartments and residence halls. There is a referral service to help procure off-campus housing.

Students

Thirty percent of the current graduate business school class are enrolled full time. The greatest percentage of students are from the Northeast (91%). Forty-two percent are women, 20% are minorities, and 8% are foreign nationals. The average age at entrance is 30; ages range from 21 to 62. Twenty-three percent enter directly from undergraduate school. About 20% of entering students leave by the end of the first year due to academic or personal reasons; 59% remain to receive their degree. In a recent year, 176 graduate business degrees were awarded.

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