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Pride and Purpose
Hofstra Online MBA Program Overview
Kaushik Sengupta, Ph.D.,Director, Online MBA program
Pride and Purpose
Online MBA Program Rankings• 2015 U.S. News and World Report Rankings #41 Best Graduate Online MBA Programs
– Increase from #71 to #62 – 195 programs ranked over 1000 Online MBA
programs
• 2015 Princeton Review Rankings #15 Top 25 Online MBA Program AACSB Accredited Programs only.
37% increase in member school offerings of online MBAs from 68 schools offering them in 2008 to 93 schools in 2012
Pride and Purpose
Students’ Comments – Princeton Review Rankings• 47% of the students identified themselves as "career changers"• Asked why they chose their specific schools, the answer choices most
selected were: reputation (85%), convenience (77%), field of study (38%) and price (34%)
• 86% rated the technology platform of their coursework as "excellent" or "above average"
• 93% reported they were "very" or "extremely" satisfied with their school choice“
• 44% reported receiving a promotion while earning their online MBA• 94% believed obtaining the online MBA would have an impact on their
career• 25% was the average salary increase graduates reported they received
after completing the degree
Pride and Purpose
Benefits: Zarb’s Graduate Business Programs Most Recent Rankings
Bloomberg BusinessWeek Rankings, 2014-2015Part-Time MBA:
2nd Best in New York New Jersey & Connecticut5th Best in the Northeast60th Best in the Country
Full-Time MBA: 79th ranking – only NY school apart from NYU, Columbia
Pride and Purpose
Overview• 20-month AACSB accredited cohort program• Small class of 25 students MAX – One Cohort• Flexibility to opt out of cohort after first
semester• Extension of physical campus based program• Two concentrations fully online• Other concentrations available as hybrid
options• Separate admissions process – transfer
possible with conditions• Same MBA Degree as in on-campus programs
Pride and Purpose
Program Structure• Four courses per semester, 7 weeks
each, two courses at a time• Two mandatory residencies on-campus– Orientation residency: 3 weekend days in
August– Capstone residency: End of the program– Additional (optional) one-day on-campus
sessions
• Global Practicum– International Business/Immersion Trip
(10 days in the summer)
Pride and Purpose
Residencies• Orientation residency over 3 day weekend in August:
– Get introduced to the Program– Know the success factors for a rigorous, online
program– Get to know the pedagogical Approach for Rich Online
Courses– Meet faculty for first four courses– Get introduced to Career Services– Participate in Teamwork and Communications
workshops– Interact with industry Executives – Network with Alums– Understand Hofstra Systems and Policies
NETW
ORK WIT
H YOUR C
OHORT
Pride and Purpose
Completely online courses– Save on your commuting time– Taught by full-time faculty members
only– Asynchronous Courses with
frequent deadlines– Same rigor and content as on-
campus courses
Pride and Purpose
Course Components• Audio and video lectures• Discussion forums• Case discussions• Collaborative sessions• Wikis and Blogs• Individual/Group Papers• Presentations/Group Work • Tests and Quizzes
Pride and Purpose
Global Practicum: China 2012• Hong Kong, Guangzhou, Shenzhen, Beijing• Major companies - Wal-Mart, Morgan
Stanley, Lenovo, IBM Research Center, Schneider Electric• Highlights
– Meetings with Morgan Stanley Asia Pacific CFO– ThinkCenter Marketing Manager at Lenovo– IBM Research Center Head – World’s Largest Sam’s Club– Visits to the Great Wall, Tiananmen Square,
Forbidden City, Summer Olympics Facilities
Pride and Purpose
Marketing Faculty Member’s Comments on Student Interactions and Learning
“the comments made and the questions raised by the students during the business visits have impressed our hosts greatly. Such a great learning experience has undoubtedly broadened everyone’s perspectives and sharpened their cross-cultural business skills. As a result of the trip, many feel more prepared in taking on a possible foreign assignment and meeting the challenges of today’s global business.”
Pride and Purpose
Global Practicum: Japan 2013• Tokyo, Yokohama, Kyoto and Osaka
• Major companies – Toshiba, Japan Post, Morgan Stanley, TKS Group
(Alum),Okubo Hospital, Kindai University Hospital, Maruho Pharma
• Cultural immersion trips to: – Traditional sites in Old Tokyo, Kamakura, Kyoto
Pride and Purpose
Global Practicum: South Africa 2014• Cape Town and Johannesburg• Business visits
– CEO of Philips Medical Care– Founder of Waterford Wine Estates– Senior Executives at Tiger Brands, Yum Brands,
Mediclinic South Africa– University of Johannesburg MBA Students and Faculty
• Cultural Immersions– Hout Bay; Chapman’s Peak; Cape of Good Hope– Historic town of Stellenbosch– Apartheid Museum– Entabeni Game Reserve
Pride and Purpose
Global Practicum: China & Korea 2015• China and South Korea– Shanghai, Beijing, Seoul
• Planned business visits– General Motors Shanghai– Shanghai Pharmaceuticals– Asan Medical Hospital– Samsung– SK Telecom
Pride and Purpose
Major Concentrations• Strategic Business Management– Corporate Financial Policy and Strategic
Planning– Strategic Accounting for Managers– Management of Innovation, Creativity and
Design for Sustainability– Information Resources Management– Strategic Planning in Marketing
• Courses incorporate global, strategic perspective of businesses
Pride and Purpose
• Strategic Healthcare Management– Health Information Systems– Marketing of Healthcare Services– Health Services Human Resources– Health Care Finance– Health Law and Ethics
• Five concentration courses in multi-functional areas related to the recent and upcoming developments in the industry
• Courses lead by leading industry executives at senior positions
Major Concentrations
Pride and Purpose
Other Concentrations
• All major concentrations available on campus – Switch allowed under permission
and advisement– Five electives to be taken on
campus
Pride and Purpose
Admissions Requirements• Online application form• GMAT or GRE scores
For applicants with professional experience of - normally over five years, the GMAT requirement for admission to the Online MBA degree program may be waived if the applicant possesses a graduate degree, or a well-recognized professional certification (e.g., CPA), or the applicant is employed at a middle-level management or professional position.
• Resume• Personal Statement• Two Letters of Recommendation• All transcripts (Official Transcripts)• TOEFL or IELTS scores (International Students)• Phone Conversation with Director
Pride and Purpose
Costs• 2015 Admission Cycle cost: $72,800 includes:
– Tuition– Cost of course materials– Global Practicum– Domestic Residencies (except for travel)
• Limited Scholarships Available based on Needs and Merit
• Initial Deposit upon acceptance– Admission deposit = $500 (2 week time
period)– Reserves a spot on the limited enrollment
cap
Pride and Purpose
The First Four CohortsPast Cohorts
Students
Experience (Years)
Locations
Fall 2011
16 5-25 Tri-state, Bermuda, Utah, Arkansas
Fall 2012
18 5-30 Tri-state, Virginia, Kazakhstan, Canada
Fall 2013
20 3-30 Tri-state, Missouri, Virginia
Fall 2014
23 7-30 Tri-state, Virginia, South Carolina, Georgia, Florida
Pride and Purpose
Additional Information• Contacts:
Kaushik Sengupta, Ph.D., Director of Online MBA Programs [email protected] , 516-463-7825
• Sample Course DemoEmail with request to: