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Pride and Purpose Hofstra Online MBA Program Overview Kaushik Sengupta, Ph.D., Director, Online MBA program
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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
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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
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Pride and Purpose Benefits: Zarb’s Graduate Business Programs Most Recent Rankings Bloomberg BusinessWeek Rankings, 2014-2015 Part-Time MBA: 2 nd Best in New York New Jersey & Connecticut 5 th Best in the Northeast 60 th Best in the Country Full-Time MBA: 79 th ranking – only NY school apart from NYU, Columbia
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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
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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)
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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
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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
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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
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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
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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.”
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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
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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
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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
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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
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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
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Pride and Purpose Other Concentrations All major concentrations available on campus – Switch allowed under permission and advisement – Five electives to be taken on campus
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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
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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
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Pride and Purpose The First Four Cohorts Past Cohorts StudentsExperience (Years) Locations Fall 2011165-25Tri-state, Bermuda, Utah, Arkansas Fall 2012185-30Tri-state, Virginia, Kazakhstan, Canada Fall 2013203-30Tri-state, Missouri, Virginia Fall 2014237-30Tri-state, Virginia, South Carolina, Georgia, Florida
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Pride and Purpose Additional Information Contacts: Kaushik Sengupta, Ph.D., Director of Online MBA Programs Kaushik.Sengupta@hofstra.edu, 516-463-7825 Kaushik.Sengupta@hofstra.edu Sample Course Demo Email with request to: Kaushik.Sengupta@hofstra.eduKaushik.Sengupta@hofstra.edu
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Pride and Purpose Online MBA Program Website Hofstra.edu/onlinemba
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