PROGRAM BASICS

• • Frank G. Zarb School of Business
  • Part-Time MBA Program
  • Hofstra University
  • Frank.G. Zarb School of Business
  • Hempstead, 11549, New York
  • United States
  • Program Web site: http://www.hofstra.edu/MBA
  • E-mail: HUMBA@hofstra.edu
• • Percentage of part-time students who graduate within six years of entering program: 81 %
  • Average months to complete program: 42
  • Maximum months permitted to complete program: 60
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? No

• Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

  • Resident: $12,630.00
  • Non-Resident: $12,630.00

• Tuition per credit:

  • Resident $1,025.00
  • Non-resident $1,025.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,006
  • Full-Time MBA: 106
  • Part-Time MBA: 865
  • Executive MBA: 15
• • Undergraduate business school enrollment: 1,501
  • Graduate degree programs: Master of Accounting, Master of Finance, Other, Master of Human Resources, Master of Marketing, Master of International Management/Business
  • Other graduate degree programs: MS in Information Technology; MS in Marketing Research; MS in Quantitative Finance; MS in Taxation

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 1,304
  • Applications accepted, most recent entering class: 74 %
  • Admitted students enrolled: 34 %
  • Applicant interviews are: Not required

ENTRY REQUIREMENTS

• • Rolling admissions? Yes
  • GMAT required? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (incoming class)

  • 25th Percentile 510
  • 50th Percentile (median) 570
  • 75th Percentile 620
  • 10th Percentile 480
  • 90th Percentile 660
  • Average GMAT Score 569
• • Is proficiency in English required? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL: 550

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Important
  • Application Essays: Considered
  • Interviews Considered
  • Recommendations: Considered
  • Undergraduate Transcripts: Very Important

CLASS PROFILE

• • Female students: 49 %
  • International students: 56 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 8 %
  • Asian American: 12 %
  • Hispanic or Latino American: 4 %
  • White (Non-Hispanic): 72 %
  • Chose not to report: 4 %

• Postgraduate work experience (months):

  • Mean: 49
  • Median: 27
  • From: 7
  • To: 137
  • One year or less: 10 %

• Base salary of entering part-time MBA students:

  • Mean: $64,625.00
  • Median: $58,500.00

• Middle 80% range:

  • From: $35,000.00
  • To: $100,000.00

• Organizations that send the most participants to the part-time MBA program:

  • Computer Associates 192
  • Estee Lauder 183
  • Nassau Univ Medical Center 43
  • North Shore LIJ 299
• • Mean age, newest entering class: 25
  • Median age, newest entering clas: 23

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Central financial aid office at the university
  • Students receiving some form of financial aid in 2011-12: 23 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Institutional Scholarships: 7 %
  • Assistantships: 2 %
  • Loans (private and government): 87 %
• • Mean financial aid package: $19,967.00
  • Median financial aid package: $20,500.00
  • On what basis are scholarships awarded? Academic merit
  • Full-tuition scholarships awarded, 2011-12: 0
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarships
  • Does school offer a guaranteed loan to all part-time MBAs? No

FACULTY

• • Faculty employed by the B-school: 124

• Full-time faculty:

  • Tenured: 61
  • Non-Tenured: 12

• Adjunct/Visiting Faculty:

  • Non-Tenured: 51

• Women on Faculty:

  • Tenured: 12
  • Non-Tenured: 16

• Minority Faculty:

  • Tenured: 18
  • Non-Tenured: 18

• International Faculty:

  • Tenured: 3
  • Non-Tenured: 1

• Faculty with PhDs:

  • Tenured: 61
  • Non-Tenured: 25

STUDENT LIFE

• Active MBA specialization clubs open to part-time students:

  • • Corporate Social Responsibility/NetImpact
    • Finance
    • Human Resources
    • Marketing
    • Other
    • Consulting
    • Information Technology
    • Investment Banking

• Active MBA networking clubs open to part-time students:

  • • International Club
    • Black MBA Association
    • Hispanic Student Organization
    • Women in MBA
• • Do part-time MBA students have their own area/center on campus? No
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 13 %
  • Distance Learning: 10 %
  • Experiential Learning: 2 %
  • Lectures: 50 %
  • Simulations: 5 %
  • Team Projects: 20 %
• • Teachers in the part-time program: 72
  • Tenured teachers in the part-time program: 44
  • Faculty also teaching in full-time program: 100 %
  • Average core class size: 24
  • Average elective class size: 23
  • Electives available: 47

• Recently added electives:

  • MGT-228: Management of Innovation, Creativity,
  • & Design for Sustainability
• • Last curriculum revision: 2004

• Concentrations and specializations offered to part-time MBAs:

  • • Accounting
    • Finance
    • General Management
    • Marketing
    • Other
    • International Business

• Additional concentrations offered:

  • Real Estate
  • Tax
  • Health Care Administration
  • Quality Management
  • Informational Technology
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Finance
    • Accounting
    • General Management
    • Marketing
    • Health Care Administration

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other: Describe in next screen
• • Other graduation requirements: Capstone Integrative Course
• • Credits required to graduate: 48

TECHNOLOGY

• • Technology improvements in the last three academic years: Upgrade to Martin B. Bloomberg Trading Lab;IT Tech Enhancements;Wireless ‘N’ Net;Google Apps for Ed Program;Exchange Online for Faculty;Faculty Gets Laptop on 3 Year Cycle;PC Equip in Labs and Classes Replaced 2x in 3 Yrs;100% Tech Enhanced Classrooms;Free MS products in courses;Secondary Datacenter for Disaster Recovery;Distance Learning;Network Infrastructure Upgraded;Software2Go/iPhone Apps;Echo 360 Lecture Capture;Voice Thread Student Video Reply System;Online MBA;Google Apps for Faculty
  • Amount spent: $1,374,166.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 7,501
  • Active MBA alumni clubs: 1
  • Countries in which MBA clubs exist: 1
  • Living MBA alumni who gave in past year: 4 %
  • Mean gift from MBA alumni: $373.00
  • Median gift from MBA alumni: $50.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business school endowment $22,776,073.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? No
  • University alumni networking site: http://www.hofstra.edu/zarbcareers
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.hofstra.edu/mba/alumninetwork
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • At any time
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -I think Hofstra MBA program had a good mix of lecturing as well hands on experience through group projects and presentations.
    
    -By drawing on their own work experience, the instructors are able to give practical insight along with the lessons they are teaching as part of the class curriculum. I see this as a strength and it goes to show that instructors are chosen appropriately for certain subjects.
    
    -I did not feel that it was an intellectually rigorous program, with the exception of a handful of classes. Rather than focusing on a concentration that would better equip us to utilize our knowledge after graduation, there was a superficial instruction on various topics that would not really delve further into a master's level of information.
    
    -I am happy to see that Hofstra is working hard in improving the MBA program by inviting executives to speak in some of the classes. This is mostly evident in the capstone course where the semester project was aimed at coming up with a solution to solve a company's problem, e.g. poor customer loyalty program. I expect Hofstra's MBA program to continue to rise in the rankings and gain more notoriety in the years to come.
    
    -Good school, great technology, great professors with real life and current experience.
    
    -A few of the professors were inexperienced, foreign, and not easily understood due to their accents, which made learning difficult finance topics even harder for someone who majored in accounting previously. While everyone has to start somewhere, I think more training is necessary. I want to have the best education I can get and I don't want to receive subpar services from someone in training when I am investing my time and money.
    
    -The MBA program at Hofstra University has been a great experience. I've met many great classmates, instructors and staff. They have all been helpful in my pursuit of my MBA and I hope to be in contact with many of them as my career continues and later into life.
    
    -In terms of a strategy/plan for - there could be more counseling available. Sometimes the scheduling of classes/amount of classes available is tricky, and someone to work with on a more normal basis would be helpful.
    
    -The strength of the program were the instructors' willingness to get involved with student outside of program hours.
    
    -I believe that the graduate programs should be made completely separate from the undergraduate programs; the caliber and enthusiasm of the professors should be evaluated beyond a yellow sheet of paper at the end of the semester; part-time and full-time students should have different opportunities available to them; the courses should be driven by case studies rather than completely by textbooks.