The Graduate School of Business Academic Bulletin for Graduate

The Graduate School of Business Academic Bulletin for 2005-2006 Graduate School of BuSineSS imPortant notice Fordham University 113 West 60th Street, New York, NY 10023 admiSSionS Telephone: (212) 636-6200 Fax: (212) 636-7076 E-mail: admissionsgb@fordham.edu ProGram manaGement Students are ultimately responsible for knowing and observing all regulations that may affect their status in the Graduate School of Business. For this reason they are expected to acquaint themselves with the contents of this bulletin and to read regularly the notices posted on the appropriate bulletin boards. Fordham University’s seal, above, contains the University motto: Sapientia et Doctrina – Wisdom and Learning. Issued at Fordham University, Lincoln Center, NY 10023 Telephone: (212) 636-7202 Fax: (212) 636-7144 E-mail: gbastudents@fordham.edu faculty ServiceS Telephone: (212) 636-6150 Fax: (212) 765-5573 Website: www.fordham.edu/business Table of Contents Fordham University Fordham GradUate school oF BUsiness 3 5 leGal and ethical stUdies entrePreneUrshiP stUdies sPecial academic ProGrams, PartnershiPs, and centers Accelerated Executive MBA Program Beijing International MBA The Deming Scholars MBA Program Global Professional MBA Joint JD/MBA Program Co-op Program with Fordham School of Law BS/MS Program BS/MBA Program International Business and Finance Certificate Thunderbird Partnership Field Study Consulting Program Center for Communications The Donald McGannon Communication Research Center The Frank J. Petrilli Center for Research in International Finance Trans-Atlantic Finance Institute 43 44 mBa ProGram oF stUdy Areas of Concentration Dual Concentration International Business Specialization Electronic Business Specialization Entrepreneurship Specialization Personal Financial Planning Specialization Graduate Tutorials 9 9 10 10 11 11 11 12 45 46 46 47 48 49 49 49 50 50 50 51 51 51 51 concentrations accounting and taxation MBA in Accounting MBA in Professional Accounting MBA and Master of Science in Taxation and Accounting Master of Science in Taxation communications and media management MBA in Communications and Media Management Master of Science in Communications and Media Management finance and Business economics MBA in Finance information Systems MBA in Information Systems Master of Science in Information Systems management Systems MBA in Management Systems marketing MBA in Marketing 13 13 14 15 17 1 21 22 5 25 30 31 32 36 36 40 40 certiFicate ProGrams FacUlty 2005-2006 Full-Time Adjunct Facilities and services career services oFFice admissions tUition and Fees Financial Aid Loans Scholarships academic Policies and ProcedUres aWards and honors directories Lincoln Center Tarrytown academic calendar 52 55 63 71 73 74 76 76 77 78 79 85 86 86 87  fordham univerSity Fordham University Fordham University is a private educational institution for men and women governed by an independent board of trustees under a charter granted in 1846 by the New York State Legislature. Since 1841 when Fordham was founded as a Catholic seminary, it has provided education in liberal arts and selected professional areas at both the undergraduate and graduate levels. Today, the University has 11 schools and more than 15,000 students enrolled at three campuses. The Rose Hill campus is situated on 89 acres of a former country estate in the Bronx, 12 miles north of Manhattan. Rose Hill is home to: • • • • • Fordham Fordham Fordham Fordham Fordham college at rose hill college of Business college of liberal studies Graduate school of arts and sciences Graduate school of religion and religious education accreditations and academic aFFiliations The Graduate School of Business shares in the numerous accreditations and affiliations of Fordham University, which is also a member of the Middle States Association of Colleges and is registered by the Board of Regents of the State of New York. The University is a cooperating institution of the American School of Classical Studies at Athens and is a contributing institution to the American Academy in Rome. The Graduate School of Business MBA degree program is accredited by the AACSB International, the Association to Advance Collegiate Schools of Business. The AACSB is recognized by the Council on Postsecondary Accreditation and by the Office of Postsecondary Education, U.S. Department of Education, as the sole accrediting agency for baccalaureate and Master’s degree programs in business administration and accounting. Out of more than 700 graduate business school programs in the United States, only 430 are accredited by AACSB. nondiscrimination and aFFirmative action Policies Fordham University, in compliance with Federal, state, and local laws, does not discriminate on the basis of age, citizenship status, color, creed, disability, marital status, national origin, parental status, race, religion, sex, sexual orientation, veteran status, or any other basis prohibited by law. A compliance officer is available to address any complaints alleging discrimination. Dr. Georgina Arendacs may be contacted in the Office of Legal Counsel, Administration Building, Room 223, Rose Hill Campus, telephone: (718) 817-3112. Fordham University does not knowingly support or patronize any organization that engages in illegal discrimination. The University’s Affirmative Action Program provides the means to recruit, employ, and promote women and other underrepresented minorities in the interest of attaining workplace diversity. The Manager of the Office of Equal Employment Opportunity and Affirmative Action is available to all members of the Fordham community for consultation, training, and development of initiatives that advance a more diversified workforce, and that ensure nondiscrimination, access to equal employment opportunities, and fair treatment of individuals. It is the responsibility of the EEO/AA Manager to monitor and report regularly on the University’s efforts to achieve diversity and compliance with all laws pertaining to nondiscrimination. In addition, the EEO/AA Manager is designated to receive complaints alleging workplace discrimination, including complaints of sexual harassment. sexUal harassment Sexual harassment will not be tolerated in the University community. It subverts the mission of the University and threatens the well-being, educational experiences, and careers of students, faculty, and staff. Any member of the faculty, staff, or student body of the University who believes that he or she has been or is being subjected to sexual harassment is urged to use the resolution procedures available to them. The full sexual harassment policy is available for review in the Office of the Associate Dean for Student Services. Fordham’s Lincoln Center campus is located adjacent to the worldrenowned performing arts complex in New York City. Six schools are located at the Lincoln Center campus: • • • • • • Fordham Fordham Fordham Fordham Fordham Fordham college of liberal studies college at lincoln center school of law Graduate school of Business Graduate school of education Graduate school of social service Fordham also has a suburban campus in Westchester County on the grounds of Marymount College of Fordham University at Tarrytown. Since July 1, 2002, the two academic institutions (Fordham and Marymount) have been fully consolidated. Schools that conduct classes at this campus include: • Graduate school of Business • Graduate school of education • Graduate school of social service Fordham and the JesUit tradition Fordham is known as “The Jesuit University of New York City” because members of the Society of Jesus have been teaching here from its earliest days. The Jesuits have a 450-year history of excellence in education that recognizes the importance of the individual’s moral responsibility. The Jesuit tradition of teaching seeks to stretch the imagination of students, as well as to sharpen their intelligence, to help them confront the question of what should be, while at the same time learning to extend the boundaries of what can be. Graduate School of BuSineSS adminiStration 3 officerS of fordham univerSity Board of truSteeS oFFicers oF administration Joseph m. mcShane, S.J., Phd President of the University John J. lordan, mBa, mPa, cPa Senior Vice President, Chief Financial Officer & Treasurer John c. hollwitz, Phd Vice President, Academic Affairs ron l. Jacobson, Phd Associate Vice President, Academic Affairs david Stuhr, Phd* Associate Vice President, Academic Affairs nina carey tassi, Phd Associate Vice President, Academic Affairs Brian J. Byrne, Phd* Vice President for Administration michael o’neill, ma Interim Vice President for Development & University Relations Peter a. Stace, Phd Vice President for Enrollment Jeffrey l. Gray, mSa Vice President for Student Affairs Patrick J. ryan, S.J., Phd Vice President for University Mission and Ministry Stephen J. Bordas, Ba* Assistant Vice President for Student Financial Services/University Registrar Gregory J. Pappas, ma* Assistant Vice President for Student Affairs/Dean of Student Services, and Director of Career Planning and Placement frank Simio, BS, cPa Vice President for Finance margaret t. Ball, J.d. Secretary of the University * Recipient of the Bene Merenti/Archbishop Hughes Citation and gold medal for 20 years of service to Fordham University John n. tognino Chair Patricia m. nazemetz Vice Chair vincent J. duminuco, S.J. Secretary Stephen e. Bepler richard J. Buoncore donna m. carroll Winston J. churchill John J. cook, Jr. vincent m. cooke, S.J. michael J. cosgrove John r. costantino carolyn n. dolan Kathleen fagan, rShm robert a. ferris Patricia fili-Krushel William P frank . John P Kehoe . Gerold f. l. Klauer v. John Kriss reynold levy James n. loughran, S.J. Gerdenio manuel, S.J. Sylvester mcclearn robert B. mcKeon Joseph m. mcShane, S.J. francis J. morison Joseph P Parkes, S.J. . frank J. Petrilli Joel i. Picket nicholas a. romano thomas P Salice . Steven e. Sanderson Paul c. Saunders margaret m. Smyth John S. Wilcha trUstees emeriti robert Bendheim frederick l. Bissinger robert e. campbell maurice J. cunniffe John W. donohue, S.J. George e. doty herbert a. Granath Paul B. Guenther J. Kenneth hickman Joseph a. o’hare, S.J. vincent t. o’Keefe, S.J. William d. Walsh 4 fordham univerSity Fordham Graduate School of Business the school Our mission is to educate business professionals and equip them to manage effectively in a range of leadership roles. With equal emphasis, we strive to enable our graduates to grow continuously in the changing global environment. To achieve these goals, we take maximum advantage of our extraordinary location and forge links with national and international companies that maintain a corporate presence in New York’s regional economy. We are committed to: instilling skills necessitated by globalization; ethics in business; understanding the use of technological innovation; lifelong achievement of intellectual excellence; the use of metropolitan New York’s unique bounty of resources; and humanistic concern for our students. Fordham’s Graduate School of Business at Lincoln Center was founded in 1969 in the Jesuit tradition of excellence in education, intellectual vigor, and ethical conduct. Embracing those ideals, we are dedicated to being an institution of international distinction. The School offers programs of study leading to the degrees listed below. ProGrams oF stUdy master of Business administration (mBa) (HEGIS 0506) Concentrations in: • Accounting • Communications and Media Management • Finance • Information Systems • Management Systems • Marketing • Professional Accounting (HEGIS 0502) • Taxation and Accounting (MTA Program) (HEGIS 0502.10) master of science (ms) • Communications and Media Management (HEGIS 0599) • Information Systems • Taxation (HEGIS 0502.10) special Programs • Accelerated Executive MBA (HEGIS 0506) • Beijing International MBA (HEGIS 0506) • Global Professional MBA • Law/Business Administration (JD/MBA) (HEGIS 0506/1401) Legal and Ethical Studies and Entrepreneurship courses are offered as Breadth Electives. Additional courses are on pages 43 for the Legal and Ethical Studies area. The Entrepreneurship courses are also offered as Breadth Electives, some are used for the Entrepreneurship academic specialization as outlined on page 11 and page 44. certiFicate ProGrams In addition to degree-granting programs, certificate programs are also offered for master’s graduates who wish to continue their professional education. Below are certificate offerings. See pages 52-54 for additional listings. accounting and taxation (HEGIS 0502.00) • Certificate in Accounting • Certificate in Accounting and Taxation • Certificate in Taxation (HEGIS 0502.10) Finance (HEGIS 0504.00) • Certificate in Commercial Banking • Certificate in Corporate Treasury • Certificate in General Finance • Certificate in International Finance • Certificate in Securities and Portfolio Management (HEGIS 0505.00) international Business (HEGIS 0513.00) • Certificate in International Business • Certificate in International Business and Finance information systems (HEGIS 0702.00) • Certificate in Information Systems management systems (HEGIS 0506.00) • Certificate in Quality and Systems Design (HEGIS 0507.00) marketing (HEGIS 0509.00) • Certificate in Marketing Graduate School of BuSineSS adminiStration 5 fordham Graduate School of BuSineSS sPecial ProGrams Fordham Business School offers students with a strong interest in global business four distinct options: they can earn a special international Business designation in conjunction with their concentration (see page 10); apply to our Global Professional mBa Program, which has been specially designed for those students planning careers in international business (see page 47); enroll in Fordham’s executive-format accelerated executive mBa (aemBa) (see page 45); or earn a dual degree with the american school of international management, “Thunderbird” (see page 50). Special designations for students interested in specializing in electronic Business, entrepreneurship, or Personal Financial Planning are also available (see page 11). Qualified students may also take courses through our Business Professionals program or as a Visiting Student (see page 75). Several of the MBA programs offered at Fordham Business School are exceptional in their fields. The first is a rigorous 99-hour program that integrates the subjects of taxation and accounting. Called the master of science and mBa in taxation and accounting (mta), it is a comprehensive program designed to meet the demand from accounting firms and multinational corporations for broadly educated tax professionals (see page 15). Another exceptional program is a special MBA concentration in communications and media management, designed for corporate officers in the communications industries (see page 21). Two additional Master of Science programs include our ms in information systems (see page 32) and our ms in communications and media management (see page 22). For students interested in concentrating in management systems, the deming scholars Program (see page 46) was introduced in the fall of 1992. Fordham Business School is a recognized leader in Quality Management, both in its teaching and in its practice. Consistent with that focus, a special intense program of study was designed for students to examine W. Edwards Deming’s System of Profound Knowledge. Fordham in neW york city Fordham’s Lincoln Center campus is located in New York City, the nation’s premier hub of commerce and culture. As the world’s finance center, the city maintains stock exchanges that trade shares of companies collectively worth $11 trillion, more than five times the value of any other city’s exchange listings anywhere in the world. New York is also home to more than 100 museums, two world-class opera troupes, four celebrated ballet companies, 42 professional orchestras, and the country’s largest, most vibrant theatrical smorgasbord, as well as 10 professional sports teams and more than 18,000 restaurants. Full- and part-time students are accepted at the Lincoln Center campus, located near Columbus Circle, at 113 West 60th Street, which provides easy accessibility from most places of business. It is also conveniently close to the social and cultural magnets of Lincoln Center and the Upper West Side to the north, the theater district and midtown Manhattan to the south, and Central Park to the east. In addition, the campus’s eight-acre plaza creates a green oasis in the middle of a great metropolis. The Lincoln Center campus offers both day and evening classes, Monday through Thursday, on a trimester basis. Terms begin in September, January, and April. Some Saturday classes are offered in the fall and spring trimesters. Administrative and faculty offices are located half a block away at 33 West 60th Street, 4th Floor. marymoUnt camPUs The Graduate School of Business also offers its MBA program at Marymount College of Fordham University at Tarrytown in Westchester County, New York, 18 miles north of New York City. Courses are taught by the same distinguished faculty as at Fordham’s Lincoln Center campus. Full- or part-time students can complete all requirements for the MBA at this suburban campus in the following concentrations: Accounting, Finance, Management Systems, and Marketing. Note: Information Systems as well as Communications and Media Management concentrations require some attendance at Lincoln Center. Students may take from one to four courses per trimester and, while they can complete most degrees entirely at the Tarrytown campus, they may move freely between Tarrytown and Lincoln Center. The trimester system is the same at both campuses, with classes at Tarrytown offered Monday and Wednesday evenings plus Saturday mornings. Fordham’s Graduate Center at Tarrytown is conveniently located in North Hall, Room 205, on the Marymount campus overlooking the Hudson River. The school is easily accessible from the New York Thruway, the Cross Westchester Expressway, and Route 9, as well as from the Saw Mill River, Sprain Brook, and Taconic Parkways. Tarrytown is served by the Hudson line of the Metro-North Commuter Railroad (see page 86). BeiJinG camPUs A consortium of 26 Jesuit business schools offers an MBA program, called the Beijing International MBA (BiMBA), in mainland China. Fordham is the degree-granting institution in this consortium, in partnership with the China Center for Economic Research (CCER). CCER is headquartered on the campus of Peking University, one of China’s most prestigious institutions of higher learning, located in the western suburbs of Beijing near the Summer Palace. The BiMBA Program is housed in a former prince’s residence, renovated for modern use. With courses taught in English, it is possible for Fordham, New York, students to attend a semester in Beijing for credits toward their MBAs (see page 46). 6 fordham univerSity school administration Sharon P Smith, Phd . Dean of the Business Schools and Dean of the Faculty ilhan akbil, mim Associate Dean, Corporate Outreach and International Programs lauren h. mounty, med, aBd Associate Dean, Student Services Steven najdzionek, mBa Associate Dean, Director of Technical Services maureen tierney, mBa Associate Dean, Academic Affairs and Administration John Zhuang yang, Phd Associate Dean, Beijing International MBA Program francis Petit, edd Assistant Dean, Tarrytown donna covington-hargrove, mS Assistant Dean, Director of Academic Advising frank e. fletcher, mBa Director, Admissions & Financial Aid John B. hotard, Phd Director of Career Services maureen lynch, Ba Director of Communications area chairs allen i. Schiff Accounting and Taxation everette e. dennis Communications and Media Management victor m. Borun Finance and Business Economics aditya Saharia Information Systems mark a. conrad Legal and Ethical Studies robert m. Wharton Management Systems alfred c. holden Marketing Joint coUncils dean of the faculty, chair Kenneth davis Secretary GBa cUrricUlUm committee Sris chatterjee Sean chen richard colombo harry newman amjad umar merit committee mark a. conrad albert Greco Steven raymar robert Wharton Patricia Williams sPecial academic ProGram directors everette e. dennis Director, Center for Communications dawn lerman Director, Global Professional MBA James lothian Director, The Frank J. Petrilli Center for Research and Finance, Co-Director, Trans-Atlantic Finance Institute Walter f. o’connor Director, Taxation & Accounting Program Joyce n. orsini Director, Deming Scholars MBA Program allen i. Schiff Director, Field Study Program academic administration/ FacUlty develoPment advisory committee Sris chatterjee William egelhoff dorothy Klotz GradUate stUdent services advisory committee Joyce n. orsini Sharon livesey Sarah maxwell execUtive committee victor m. Borun elizabeth Pinho-cosenza robert Wharton corPorate oUtreach/ sPecial ProGrams advisory committee everette e. dennis Kevin Jackson frank Werner Graduate School of BuSineSS adminiStration  fordham Graduate School of BuSineSS adviSory Board The Fordham Graduate School of Business is privileged to benefit from the experience and advice of these nationally recognized business leaders. donald v. almeida Partner, PricewaterhouseCoopers robert J. Baldoni Partner, Ernst & Young William r. chess Chief Operating Officer & Chief Executive Officer, Ogilvy Public Relations Worldwide edwin a. cohen Chairman & President, Intranasal Technology, Inc. the honorable Peter dailey Chairman of the Dailey Foundation, Former Ambassador to Ireland and NATO mark c. dennish Vice President, Bristol-Myers Squibb Company lawrence r. donohue Managing Director, Bear Stearns and Co., Inc. James J. dowdall Former Vice President of Labor Relations, Verizon christopher f. fitzmaurice Managing Director, Citigroup Sander a. flaum Managing Partner, Flaum Partners, Inc. William J. Genco Managing Director, First Vice President, Merrill Lynch & Co., Inc. James P honohan . Partner, Accenture Peter howe Partner, Ernst & Young Suzanne d. Jaffe Managing Director, Hamilton & Company nemir Kirdar President & Chief Executive Officer, Investcorp Bank, E.C. Justin lin Professor, Department of Economics and Founding Director, China Center for Economic Research (CCER), Peking University nicholas lombardi, S.J. Director, FRC, Fordham University charles P menges, Jr. . Principal, Bernstein Investment Research & Management doreen mogavero President & Chief Executive Officer, Mogavero, Lee & Co., Inc. William morrison Vice Chairman, MBNA America edward r. morrissey Partner, Deloitte & Touche vito nardelli Executive Vice President & Chief Sales Officer, Ocean First Bank arthur Pacheco Vice Chairman, Guzman & Co. Gary f. ross Credit Analyst, Lehman Brothers robert S. roussey Professor of Accounting, University of Southern California robert c. ruckh Partner, Ernst & Young Steve ryan Commissioner, Major Indoor Soccer League emily l. Smith Former Managing Director, Scudder Investments James toes Managing Director, Merrill Lynch & Co. John n. tognino Chairman & Chief Executive Officer, Pepper Holdings Corporation Chairman, Fordham University Board of Trustees mario P torsiello . President & Chief Executive Officer, Torsiello Capital Partners, LLC Bert W. m. twaalfhoven President, Indivers B.V. John S. Wilcha Chairman, President, & Chief Executive Officer, Old London Foods, Inc.  fordham univerSity MBA Program of Study The Master of Business Administration program provides the knowledge and basic skills necessary for graduates to become leaders in business. Students acquire a comprehensive education in the fundamentals of business through required courses and also develop expertise in a specific field by concentrating in one or two of six areas: Accounting and Taxation, Communications and Media Management, Finance and Business Economics, Information Systems, Management Systems, or Marketing. Each concentration is complemented by advanced courses in other areas. The information, skills, and contacts provided by these courses are seen as assets that students combine into a career-enhancing portfolio of knowledge, experience, and networks. Fordham’s Portfolio-Based MBA views business education in the same way that an investor combines a carefully balanced assortment of financial assets to achieve maximum returns. The result is a powerful combination of knowledge and abilities designed to serve graduates throughout their professional careers. Each student receives an MBA or MS Academic Advising Sheet, which is a document that outlines the specific courses a student must complete to earn an MBA or MS. This document, provided by the Office of Program Management, is individualized for each student in consultation with the office’s academic advisors to reflect the student’s personal goals. reqUirements For comPletion oF the deGree The Master of Business Administration program consists of 69 credits as outlined below. Prerequisites of up to nine credits in economics and quantitative methods courses may be required of students who lack undergraduate credits in the prerequisite subjects or who are unable to pass waiver exams in those subjects. ProGram PrereqUisites (three courses, 9 credits) managerial economics (see page 29) (microeconomics-equivalent of BE 6220) mathematical methods for Business (see page 39) (equivalent of DG 6810) statistics (see page 39) (equivalent of DG 6820) ProGram sUmmary For complete course descriptions, see the indicated pages. mBa core BUsiness coUrses (required) (eight courses, 24 credits) ac 6111 Fundamentals of accounting (see page 17) Bl 6310 Business law i (see page 43) Fn 6411 the Financial environment (see page 26) (Prerequisite AC 6111) ic 6910 management information systems (see page 33) mG 6613 Fundamentals of management (see page 37) (Prerequisites BE 6220 & DG 6820) mG 6627 operations management (see page 37) (Prerequisite MG 6613) mG 7660 Business Policy (see page 38) (Prerequisites all core courses) MG 7660 Business Policy, the capstone course of the MBA, should be taken as close to the end of the program as possible and only after the other core courses have been completed. Because of its integral importance to the program, this course will not be waived. mk 6710 marketing management (see page 40) (Prerequisite BE 6220) areas oF concentration (five courses, 15 credits) A concentration consists of advanced-level courses from one of six areas: Accounting, Communications and Media Management, Finance, Information Systems, Management Systems, or Marketing. Specific concentration requirements are set forth in each area description. Breadth electives (five courses, 15 credits) Students must take five advanced-level courses outside their concentration. Advanced-level courses are 7000- or 8000-numbered courses. To be outside a student’s concentration, elective course numbers must have a letter prefix different from that of the concentration. Of the five required breadth electives, students are limited to a maximum of two courses having the same letter prefix. Free electives (two courses, 6 credits) These credits enable students to take advanced-level courses of their choice in the concentration, elective areas, or both, subject only to individual course prerequisites. Graduate School of BuSineSS adminiStration  mBa ProGram of Study dUal concentration Students in the regular MBA, the MBA in Professional Accounting, the Global Professional MBA or the Deming Scholars programs have the option of constructing a Dual (double) Concentration. The requirements are fulfilled by the completion of five courses each in two different academic areas. The first concentration is satisfied through current program requirements in the specified concentration area. The second concentration may be completed by using two breadth electives, two free electives, and a fifth course in another area. Since students must follow the distribution requirements of the breadth electives (e.g., “no more than two courses in any area”), this fifth course is over and above the current program requirements and increases by three the total number of credits needed to complete a degree. In instances where a student may have used one or more of the necessary breadth and/or free slots for other course work, more than one extra course may be needed to fulfill the requirements of a Dual Concentration. Depending on the individual’s career direction, the Dual Concentration option can be an effective course of study. For example, a student interested in the marketing of financial services could choose a Dual Concentration in Marketing and Finance; a student anticipating a career in personal financial planning could pursue a Dual Concentration in Accounting and Finance. Please consult Academic Advising in the Office of Program Management at (212) 636-7202. academic sPecializations In response to the evolution of modern business practice and needs, the Graduate School of Business has added new concepts to many courses in electronic business, entrepreneurship, financial planning, and international business. This process mirrors the worldwide economic environment, where technology is changing all organizations, where entrepreneurial activity in both new and established companies is a key to business success, where more and more executives need professional financial advice as they manage their careers, and where the distinction between international and domestic business is rapidly diminishing. Because the School recognizes that some students seek specific careers in these areas, it has created four Academic Specializations: international Business (IB), electronic Business (EB), entrepreneurship (ENT), and Personal Financial Planning. Students who successfully complete these specializations receive an IB, EB, ENT, or PFP designation on their transcripts. The School believes that the best preparation for a business career includes a concentration in an area of the curriculum supplemented with additional courses relevant to each student’s personal goals. Accordingly, these specialized areas of study are not concentrations. Rather, they present an opportunity to cluster courses around a specialization. Students choosing specialization courses must continue to observe concentration and distribution requirements. 1. Specialization in international Business The International Business designation is not a concentration. Moreover, students must continue to observe the MBA breadth electives when choosing their IB courses. An IB designation is conferred upon MBA graduates who complete five IB courses (15 credits) among their five concentration courses and seven breadth and free electives of the regular MBA program. At least one of the IB courses must be in the concentration and no more than two concentration courses can count toward the IB designation. The following courses are designated as IB offerings. In addition to these, a number of Special Topics courses are offered throughout the year that are considered IB courses. In order for them to be counted as IB electives, the course description must clearly state that they can do so. ac 7136 international accounting ac 7184 individual and Business entity taxation Be 7243 contemporary issues in Global Finance (also offered as FN 7458) Be 7244 Global Finance (also offered as FN 7455) Be 7251 international trade and development Bl 7320 Business law ii cm 7502 the entertainment industry cm 7537 coping with Global corporate crisis Fn 7443 multinational investment analysis Fn 7451 Financial management of multinational companies Fn 7455 Global Finance (also offered as BE 7244) Fn 7458 contemporary issues in Global Finance (also offered as BE 7243) ic 7901 e-Business strategies and applications ic 7989 ics in the transnational Firm mG 7635 international dimensions of Business mG 7671 Global industry analysis and strategic Planning mG 7673 strategy implementation mG 7677 system dynamics (iB) mk 7750 international marketing tx 7045 international corporate taxation tx 7085 Foreign taxation any special topics course designated as an international Business offering. The School offers various presentations and lectures by international business professionals to enhance knowledge of global business. 10 fordham univerSity . Specialization in electronic Business The Electronic Business specialization requires students to complete five upper-level courses (15 credits) designated as EB courses. The five EB courses must be distributed across at least three functional areas and can be distributed across the concentration and elective areas of the program of study. Electronic Business is not a concentration. It must be combined with a single or double concentration in any of the six functional areas and requires students to meet all regular concentration and distribution requirements. Upon graduation, students receive the EB designation along with their areas of concentration on their official transcripts. The courses listed below have been designated as EB offerings: ac 7136 international accounting Bl 7325 new media and communication law (also offered as CM 7556) cm 7502 the entertainment industry cm 7554 new media and mass communications cm 7556 new media and communication law (also offered as BL 7325) ic 7901 e-Business strategies and applications ic 7941 communication networks and distributed systems ic 7945 Business design through information technology mG 7675 strategic management of innovations and technology mk 7719 e-marketing tx 7045 international corporate taxation tx 7050 state and local taxes any special topics course designated as an electronic Business offering. appropriate field study projects and tutorials approved by the is area chair. 3. Specialization in entrepreneurship Please see page 44 for the requirements of the Entrepreneurship designation. 4. Specialization in Personal financial Planning Please see page 26 for the requirements of the Personal Financial Planning designation. minimUm residency reqUirement To complete the MBA degree, a student must satisfy the minimum residency requirement of 45 credits. Program prerequisite courses are not applied toward the minimum residency requirement. Certain core business courses may be waived, but not concentration courses, breadth electives, or free electives. If waivers in the core business courses reduce a student’s program below the 45-credit minimum residency requirement, a student must replace these courses with advanced-level courses offered by the School in the same academic areas. The MS in Taxation and the JD/MBA Program each require 39 credits, while the MS in Media Management requires 30 credits. Students may apply for waivers from the program prerequisite and core business courses, with the exception of MG 7660 Business Policy. Waivers 1. Waivers Granted upon acceptance Upon acceptance to the Graduate School of Business, a waiver sheet is sent to each student listing those courses from which the student has been automatically waived. Waivers may be awarded for the three prerequisite courses and all core courses, with the exception of MG 7660 Business Policy. All waivers must be awarded before the end of a student’s first term of enrollment. The following criteria are used to determine one’s eligibility for an automatic waiver upon acceptance: Prior course Work A student is waived from a prerequisite or core course if he or she has completed two undergraduate courses or one graduate-level course from an AACSB-accredited graduate program covering similar content. The course must have been completed within the prior six years and a grade of B or better must have been awarded. exceptions Exceptions are granted in two areas: • Certified Public Accountants receive an automatic waiver from both Fundamentals of Accounting and Business Law I. • JD/MBA students and lawyers receive a waiver from Business Law I. Waivers granted for prior course work or by exception are determined by the Admissions Office and are automatically issued upon admittance into the Business School. For questions, please contact the Office of Admissions at (212) 636-6200 or e-mail: admissionsgb@fordham.edu. . Waivers Granted through examination If a student feels that he or she has proficiency in a particular subject but does not have the aforementioned requirements for an automatic waiver, then the student may opt to take the waiver examination. Upon passing the exam, the student will receive a waiver from the respective course. Students are limited to one attempt per exam topic and must take the exam prior to or during the first term of enrollment. Waiver exams are administered through the Office of Program Management. For more information regarding waiver exams, please visit the Business School website at www.fordham.edu/business or contact the Office of Program Management at (212) 636-7202 or FBWaiver@fordham.edu. Please note that Fordham charges a $100 fee for taking each waiver exam. Waivers are made solely in the judgment and at the discretion of the Graduate School of Business and should not be considered an entitlement by entering students who have completed prior related coursework. Graduate School of BuSineSS adminiStration 11 cross-reGistration Within the University Students may register for courses offered by the Fordham Graduate Schools of Arts and Sciences, Social Service, and Education (for School of Law, see page 49). Such courses are considered MBA program electives. To register for courses in another Fordham graduate school, the following steps must be completed: • Obtain the appropriate graduate school bulletin with the description of the desired course. The course must incorporate material related to topics studied in the MBA program. • Pick up an Intra-registration Form from the Graduate School of Business and schedule an appointment with the Assistant Dean/ Director of Academic Advisory Services at the Office of Program Management to secure approval. A student should be prepared to justify the course selection and its relationship to the MBA degree. • Secure approval from the Dean of the graduate school offering the course. • Present the completed intra-registration form when registering at the Graduate Business School. reGisterinG oUtside Fordham University If a student is transferred or moves outside the metropolitan New York City area, a maximum of 12 credits may be taken at another MBA program and credited toward the Fordham MBA degree. Approval must be requested in writing from the Office of Program Management; requests should include course descriptions and syllabi, if available. If approved, the Associate Dean of Student Services will petition the host school to allow the student to register as a nonmatriculant. Students are advised to complete this procedure well in advance of the host school’s registration dates. (Also see “Jebnet” page 75.) aUdits Under special circumstances, students are permitted to audit a course. Written permission from the Associate Dean of Student Services is required. Audited courses do not carry degree credit and are charged full tuition. classes For alUmni Graduate School of Business alumni are allowed to attend selected classes for a contribution of $100.00 per class. Alumni must contact the Office of Program Management at (212) 636-7202 or e-mail at GBAstudents@Fordham.edu. GradUate tUtorials A graduate tutorial is an independent study conducted under the guidance and supervision of a faculty advisor. A request to take a graduate tutorial will only be considered in the following situations: 1. To pursue a specialized topic independently, 2. When a student is prevented from graduating because a required course is not offered, 3. When special circumstances such as job relocation prevents a student physically from taking classes at Fordham, or 4. When a required course is canceled and no other sections of that course are offered. Students interested in pursuing a graduate tutorial should contact the Office of Program Management at (212) 636-7202. coUrse listinGs The following pages list the School’s courses grouped by academic area. Special Topics courses, whose final two numbers are 99, are offered from time to time to permit faculty and students to explore topics of interest, but Special Topics courses are not offered as permanent options in the curriculum. Visiting Committee members, when listed in each area, are senior executives who serve as advisors on curriculum issues and occasionally as mentors to students concentrating in that area. The initials preceding course numbers represent their appropriate concentration, as follows: ac Be Bl cm dG fn ic mG mK tX = = = = = = = = = = accounting Business economics Business law communications and media management System design finance information Systems management Systems marketing taxation tom BroKaW celeBratinG hiS nBc retirement at a fordham luncheon With ProfeSSor everette denniS and PreSident JoSePh m. mcShane. 1 fordham univerSity Accounting and Taxation area chair: allen i. Schiff, ProfeSSor The Master of Business Administration program in Accounting consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. The Accounting and Taxation area provides the academic framework for students who intend to be sophisticated users of accounting information, professional accountants, and for those who wish to become expert in taxation. The area offers courses leading to the MBA with a concentration in Accounting, MBA in Professional Accounting, MBA in Taxation and Accounting, and to the MS in Taxation. These programs are described below. There are three types of courses in the area. Financial accounting courses provide an understanding of accounting standards and develop skills in financial statement preparation and analysis. Courses in managerial accounting focus on the accounting data needed by management for cost control, planning, decision-making, and performance evaluation. Taxation courses explore the sources and development of government statutes and their impact on management and decision-making. for ProGram PrerequiSiteS and mBa ProGram Summary, See PaGe . MBA in Accounting concentration in accoUntinG and taxation (five courses, 15 credits) A concentration consists of five advanced-level courses from the Accounting area. Students seeking careers as controllers, financial managers, or management consultants may choose an Accounting concentration. The following is a recommended program: ac ac ac ac ac 7105 7125 7128 7136 7155 Financial accounting Financial statement analysis advanced Financial statement analysis international accounting managerial accounting analysis The five courses required for the Personal Financial Planning specialization from the Accounting and Taxation area are: ac 7184 individual and Business entity taxation tx 7025 tax Planning for high net-Worth individuals tx 7056 taxation of executive compensation, employee Benefits, and retirement Plans tx 7078 Preserving Wealth with estate Planning tx 7099 special topics in taxation (Life Cycle Case Studies) These courses provide a student with concepts and situations encountered in examinations for personal financial specialists and planners. In addition to coursework, it is important that students planning careers in financial counseling be aware of the importance of obtaining certification. In this regard, see the Certified Financial Planner Board of Standards, Inc. website: http://www.CFP.net. Breadth electives (five courses, 15 credits) Breadth electives are advanced-level courses outside the concentration. Students are limited to a maximum of two courses from a single area. Students may select electives from specified International Business courses, subject to area distribution requirements, to receive an International Business designation on their official transcripts (see page 10). With advance approval of the Dean of Student Services, students may take graduate courses that relate to their professional objectives offered by other schools of the University. sPecialization in Personal Financial PlanninG Due to the growing intricacy of financial planning, students considering a career with financial institutions offering financial planning services or in private counseling of individuals may choose the personal financial planning specialization. This is a dual concentration in Accounting and Taxation plus Finance that integrates complexities encountered in taxation and in financial decision-making. (For the structure of a dual concentration and for Finance courses, see page 26.) Students completing the personal financial planning specialization will receive the personal financial planning designation on their official transcripts. Graduate School of BuSineSS adminiStration 13 accountinG and taXation MBA in Professional Accounting Free electives (two courses, 6 credits) These credits enable students to take advanced-level courses of their choice in the concentration, elective areas, or both, subject only to individual course prerequisites. They are not subject to the breadth elective distribution requirements or concentration requirements, though certain required and advanced-level courses have prescribed prerequisites that must be met. The area recommends that students take TX 7001 Corporate Taxation as a free elective. Students interested in careers as professional accountants should consult the program descriptions of the MBA in Professional Accounting and the MBA in Taxation and Accounting. Students interested in taxation should review the program for the MS in Taxation. recommended electives for Students not concentrating in accounting and taxation Because of the importance of accounting information in management and business analysis, the following recommended electives are listed for students concentrating in other areas. 1. concentration in finance, specializing in corporate financial management: ac ac ac ac ac ac ac 7105 7125 7128 7136 7150 7184 7199 Financial accounting Financial statement analysis advanced Financial statement analysis international accounting accounting information for management individual and Business entity taxation special topics in accounting The Master of Business Administration in Professional Accounting program combines the breadth of instruction in general business principles characteristic of the MBA with the common body of knowledge recommended by the American Institute of Certified Public Accountants. The program consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. Students gain the high sense of responsibility and professional competence expected of the accounting profession. The program is designed to enable graduating MBAs to meet the New York State requirements to sit for the Certified Public Accountant examination. It also prepares them for the business challenges many CPAs encounter in their careers. The program is intended for both business and liberal arts graduates. The credit waiver policy and the depth of course offerings make the program ideal for the accountant or working professional who desires both the MBA degree and the CPA credential. Liberal arts graduates seeking a graduate degree and a career in accounting benefit from the broadly based core instruction of the MBA and the expertise developed in the specialized professional accounting courses. For Program Prerequisites and Program Summary, see page 9. ProFessional accoUntinG coUrses (seven courses, 21 credits) ac 7105 Financial accounting ac 7120 external Financial information and reporting ac 7130 advanced external information and reporting ac 7150 accounting information for management ac 7171 auditing of accounting systems i ac 7176 auditing of accounting systems ii ac 7184 individual and Business entity taxation Breadth coUrses (five courses, 15 credits) Be 7230 macroeconomics or Be 7240 money, credit, and interest rates or Be 7251 international trade and development Bl 7320 Business law ii Two advanced-level Finance courses. One advanced-level course outside Accounting and Finance. . concentration in finance, specializing in investment management: ac ac ac ac ac ac 7105 7125 7128 7136 7184 7199 Financial accounting Financial statement analysis advanced Financial statement analysis international accounting individual and Business entity taxation special topics in accounting 3. concentration in information Systems, management Systems, or marketing: ac ac ac ac 7105 7125 7136 7150 Financial accounting Financial statement analysis international accounting accounting information for management 14 fordham univerSity Master of Science and MBA in Taxation and Accounting (MTA) The Master of Business Administration and Master of Science in Taxation and Accounting (MTA) is an intensive, full-time program with limited enrollment. The MTA consists of 99 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. The MTA combines general business principles and preparation for the CPA examination with a comprehensive education in the complex field of taxation. The program’s long-term goal is to develop broadly educated executives whose expertise in taxation and accounting not only opens a path to leadership positions but also provides a special perspective from which to analyze important business problems and issues. Short term, the program is intended to meet the exceptional demand from accounting firms, financial institutions, and multinational corporations for tax professionals with upper-management potential. The MBA and MS in Taxation and Accounting is designed for men and women with non-business backgrounds. Liberal arts and sciences graduates are encouraged to apply. Individuals with previous business training or education are also accepted and can benefit from the program’s waiver policy, which reduces the number of credits required for the degree. Students who are granted waivers for numerous courses will profit from the depth of specialized offerings in Taxation and from the availability of advanced courses in Finance, Information Systems, Marketing, and Management Systems. The MTA is a Dual Degree Program consisting of an MBA in Professional Accounting and an MS in Taxation. This provides obvious career advantages to those who complete all parts of the program. For Program Prerequisites and Program Summary, see page 9. reqUired advanced coUrses (19 courses, 57 credits) accounting ac 7105 Financial accounting ac 7120 external Financial information and reporting ac 7130 advanced external information and reporting ac 7150 accounting information for management ac 7171 auditing of accounting systems i ac 7176 auditing of accounting systems ii taxation ac 7184 individual and Business entity taxation tx 7001 corporate taxation tx 7010 Federal research and Procedure tx 7015 Partnerships tx 7020 estate and Gift taxes tx 7030 corporate tax-Planning strategies tx 7041 research Project* tx 7045 international corporate taxation *TX 7030 is strongly recommended prior to taking this course additional reqUired advanced coUrses Be 7230 macroeconomics Bl 7320 Business law ii Fn 7421 Principles of modern Finance Fn 7422 corporate Finance or Fn 7430 investment analysis Fs 7810 Field study consulting Program taxation electives (three courses, nine credits) The student selects three additional courses from the Taxation areas. Certain required and advanced-level courses have prescribed prerequisites that must be met. oUt-oF-classroom reqUirements The MTA requirements consist not only of the 99-credit course of study, but also include successfully completing MTA activities that interrelate coursework to the real world of business, such as: MTA orientation at beginning of the student’s activities Weekly MTA “What’s Up” sessions MTA field trips Annual MTA Tax Moot Court Competition Competitions in Big 4 Tax Challenge Participation in annual MTA Celebratory Luncheon Participation in tax conferences sponsored by Fordham University Participation in professional conferences/events sponsored by the professional community identified by the Director • Participation in MTA mentoring • MTA internships, where appropriate • • • • • • • • Graduate School of BuSineSS adminiStration 15 accountinG and taXation accountinG viSitinG committee arthur angstreich Vice President, Indirect Taxes, Cablevision Service Corporation charles Bee Partner, BDO Seidman, LLP Gary cesnik Member, Tax U.S. Quality & Risk Management Group, PricewaterhouseCoopers, LLP nicholas dimola Vice President & Chief Financial Officer, Metropolitan Transportation Authority elda a. di re Partner, Ernst & Young, LLP marvin ellin Partner, Miller, Ellin & Company albert Grorud Retired Vice President, AT&T raymond J. Gwydir Staff Vice President, Corporate Tax Services, The Estée Lauder Companies, Inc. Barbara hanrehan Partner, Deloitte & Touche, LLP James e. hillman Senior Vice President, The Bank of New York Philip mahler Chief, Examination Branch, Internal Revenue Service Bernard J. milano President & Trustee, KPMG Foundation lawrence a. nash Former Director of Recruiting, Arthur Andersen, LLP William o’hagan Partner, PricewaterhouseCoopers, LLP Paul ostling Executive Partner, Ernst & Young, LLP mary rosano Tax Partner, KPMG, LLP edwin Walley Former Administrator, Rosen Seymour Shapss Martin & Company, LLP Summary of deGree requirementS for accountinG and taXation deGree mBa in accountinG mBa in ProfeSSional accountinG PrerequiSiteS  creditS  creditS mS and mBa in taXation and accountinG (mta)  creditS mS in taXation  creditS core courSeS concentration courSeS ACCOUNTING TAXATION Breadth electiveS electiveS FREE ELECTIVES TAX ELECTIVES ProGram totalS 4 creditS 4 creditS 4 creditS 4 creditS 15 creditS — 15 creditS 1 creditS — 15 creditS 1 creditS 4 creditS 15 creditS 6 creditS 15 creditS — 6 creditS — 6 creditS — — 6 creditS —  creditS  creditS —  creditS 63 creditS 16 fordham univerSity Course Listings Master of Science in Taxation The Master of Science in Taxation is a 63-credit program; prerequisites of up to nine credits in economics and quantitative methods may be required. The Master of Science in Taxation is designed for the following individuals who seek careers in taxation: • Professional accountants who wish to expand their proficiency in taxation and at the same time obtain a graduate degree in the field. • Liberal arts graduates who wish to earn a Master’s degree in Business with a specialization in Taxation. • Other business professionals and lawyers who wish to become expert in taxation. For students who have had no formal business and accounting education, the MS in Taxation includes a core of business courses that incorporates the common body of knowledge required by the American Assembly of Collegiate Schools of Business (AACSB), of which Fordham is an accredited member. Professionals who have had business and accounting courses may have met the prerequisites and may be entitled to waivers. The Program Prerequisites and required core business courses for the MS in Taxation are the same as those for the MBA. See page 9. reqUired coUrses (seven courses, 21 credits) ac 7105 Financial accounting ac 7184 individual and Business entity taxation tx 7001 corporate taxation tx 7010 Federal research and Procedure tx 7015 Partnerships tx 7030 corporate tax Planning strategies tx 7045 international corporate taxation or tx 7058 effective tax compliance systems taxation electives (three courses, nine credits) The student must select three additional courses from the Taxation areas. Certain required and advanced-level courses have prescribed prerequisites that must be met. Accounting Courses Each course carries three (3) credits unless otherwise indicated. ac 6111 fundamentalS of accountinG (MBA REQUIRED COURSE) The core course in Accounting that is required of all GBA students in every concentration. This course provides insights into how accounting information can be used by investors and creditors to measure the results of business operations. Students requiring more in-depth accounting knowledge can select electives in Financial and/or Managerial Accounting as their advisers suggest. ac 105 financial accountinG Gives students an ability to analyze and interpret financial statements. This course focuses on studying the effects of alternative accounting standards and practices on income statements, balance sheets, and statements of cash flows. ac 10 eXternal financial information and rePortinG Focuses on the theory and techniques utilized in corporate financial reporting. Examines the standards and pronouncements of the Financial Accounting Standards Board (FASB) and the Securities and Exchange Commission (SEC) with regard to their impact on financial statements. Emphasizes the analysis and understanding of financial reports rather than the mechanics of their construction. Designed primarily, but not exclusively, for students in the professional accounting programs. PrereqUisite: ac 7105 or its eqUivalent, Fn 6411. ac 15 financial Statement analySiS Gives students in the general MBA program a better understanding of financial statements and the information they communicate on the operating, investing, and financing activities of corporations. Focuses on the impact of financial accounting principles, disclosure standards, and alternative accounting practices on financial reports. Examines and evaluates traditional and non-traditional methods of financial statement analysis. PrereqUisite: ac 7105 or its eqUivalent, Fn 6411. ac 1 advanced financial Statement analySiS Augments the concepts taught in AC 7125. Also introduces state-of-theart tools based on modern financial theory for analyzing financial reports. Topics may include: off-balance-sheet financing; damage assessment and litigation regarding misrepresentation; new reporting standards; and international accounting standards and consolidation issues. PrereqUisite: ac 7125. ac 130 advanced eXternal information and rePortinG Critically examines accounting principles and standards for corporate financial reporting, with particular emphasis on mergers and other consolidations, asset sales, and divestitures. Additional topics include fund accounting, foreign currency, partnerships, and segment and interim reporting. Designed for students in the professional accounting programs and those with a special interest in mergers and acquisitions. PrereqUisite: ac 7120. Graduate School of BuSineSS adminiStration 1 accountinG and taXation ac 136 international accountinG ac 11 auditinG of accountinG SyStemS i Provides students with an understanding of accounting problems and issues encountered by multinational corporations (MNCs) operating in an international environment. Most businesses today, large or small, have customers or clients throughout the world. The course covers the general problems facing MNCs, which will prepare students to interpret financial statements of MNCs. PrereqUisite: ac 6111. international BUsiness coUrse. e-BUsiness coUrse. ac 140 contemPorary iSSueS in financial rePortinG Familiarizes students with the audit procedures required under Generally Accepted Auditing Standards. Among the topics covered are audit planning, evaluating internal control, auditing transaction cycles, and audit reports. Directed toward students in the professional accounting programs who plan to take the Uniform Certified Public Accountant examination. PrereqUisite: ac 7120. ac 16 auditinG of accountinG SyStemS ii Familiarizes students with the process of developing generally accepted accounting principles in the United States. The course covers the Financial Accounting Standards Board (FASB) and its interaction with the Securities and Exchange Commission (SEC). A major portion of the course is devoted to an analysis of current financial reporting issues being addressed by the FASB and the impact that alternative solutions could have on reported financial results. The course also includes a discussion of various international accounting standard-setting bodies and their roles in financial reporting domestically and abroad. PrereqUisite: ac 7120 or ac 7125. ac 150 accountinG information for manaGement Focuses on audit-testing techniques and the current auditing environment. Audit-testing techniques include statistical sampling and analytical procedures. Also includes recent trends in audit litigation, IRS uses of statistical methods, and forensic techniques. The course is conducted as a seminar. Students work individually and in groups on case studies and a term paper. Oral and written presentations are required. PrereqUisite: ac 7171. ac 14 individual and BuSineSS entity taXation Explores the sources and ideas underlying tax laws and their development in relation to fiscal and social policy. Emphasizes the application of basic concepts in tax planning for individuals and businesses. Topics include gross income, exclusions, deductions, credits, property transactions, basis, and the alternative minimum tax. PrereqUisite: ac 6111. ac 1 SPecial toPicS in accountinG Designed primarily, but not exclusively, for students in the professional accounting programs, the course studies accounting information needed by management for internal planning and control, decision-making, and performance evaluation. Emphasizes cost determination and analysis under conditions of certainty and uncertainty. Focuses on problem-solving. PrereqUisites: ac 6111, dG 6820. ac 155 manaGerial accountinG analySiS Offered from time to time to permit faculty and students to explore an accounting topic of particular interest. Specific topics and prerequisites are announced when the course is offered. Some examples of Special Topics in Accounting are: Taxation for Finance and Issues in Accounting. For students in the general MBA program, focuses on product and service cost-determination and using cost analysis in management decision-making, control, and performance evaluation. Oriented toward the manager as a user and interpreter of accounting information. Teaching includes case analysis and problem-solving. PrereqUisite: ac 6111. ac 160 internal rePortinG and control Taxation Courses Each course carries three (3) credits unless otherwise indicated. tX 001 corPorate taXation Concentrates on the problems of establishing or adapting reporting and control systems for different sizes and types of organizations. Problems such as allocating costs in industrial, service, or nonprofit organizations or within unique organizational structures are considered. The course has a quantitative orientation; it examines single and multi-period decision models dealing with pricing and control systems. PrereqUisite: ac 7150. Studies Federal income tax laws that apply to the formation, operation, dissolution, and liquidation of corporations. Focuses on the tax impact of various financial transactions upon the corporation as well as on the shareholders. Issues of distributions and redemptions, accumulated earnings tax, and personal holding companies are covered. Discusses multiple corporations, earnings and profits, book-to-tax adjustments, and the alternative minimum tax. Emphasizes S corporations and other ways of mitigating double taxation. Includes a brief view of corporate acquisitions and reorganizations. PrereqUisite: ac 7184 or eqUivalent. 1 fordham univerSity Course Listings tX 005 creatinG and chanGinG the taX ruleS tX 030 corPorate taX-PlanninG StrateGieS Introduces the issues and processes surrounding the creation and administration of tax laws, including: the economic considerations affecting enactment; the interrelationship of economic, social, and political factors in the law-making process; the implementation of enacted legislation through the U.S. Treasury Pronouncement System; and the role of the Internal Revenue Service. Explores the ways taxpayers can influence the creation of tax rules through the various legislative and administrative procedures. tX 010 federal reSearch and Procedure Offers an in-depth-study of Subchapter C of the Internal Revenue Code: the complicated rules governing organization, reorganization, and liquidation of corporations. Explores such topics as leveraged buyouts, corporate takeovers, and personal holding companies. Provides the groundwork essential for corporate tax planning and the analysis of mergers and acquisitions. PrereqUisite: tx 7001. tX 035 aPPlyinG StrateGic PlanninG to the taX environment Concentrates, during the first part of the course, on the skills needed to research and answer tax questions. Then focuses on the procedures to resolve disagreements — both pre- and post-audit — with the Internal Revenue Service. PrereqUisite: ac 7184 or eqUivalent. tX 01 taX Practice from the irS PerSPective Integrates long-range tax planning with the techniques and objectives of corporate strategic planning. The course also extends applicable skills and strategic principles to individual tax planning. PrereqUisite: tx 7030. tX 041 reSearch ProJect Considers the role of the Internal Revenue Service in administering the tax law enacted by Congress. Includes the auditing of individuals, partnerships, trusts, estates, S corporations, and C corporations. Covers large case examinations, special industry audits, and international issues. Faculty for the course includes IRS personnel. PrereqUisite: tx 7001. tX 015 PartnerShiPS Offers an opportunity to study and write about any subject agreed upon between the student and a faculty member. The project is integrated with an outside company for relevance and to give the student access to business executives. A written work of publishable quality is required to complete the course. PrereqUisite: tx 7030. tX 045 international corPorate taXation Analyzes the uses, formation, operation, and termination of partnerships. Topics include the substantial-economic-effect doctrine, distributions, sale and exchange of interest, death of a partner, liquidating and disproportionate distributions, and limited partnerships and their use as tax shelters. PrereqUisite: tx 7001. tX 00 eState and Gift taXeS Introduces the complexities of international taxation by focusing on the U.S. tax system’s impact on U.S. companies investing or operating abroad and on foreign companies investing or operating in the United States. Topics include tax treaties, foreign tax credits, and controlled foreign operations. PrereqUisite: tx 7030. e-BUsiness coUrse. tX 04 taXation of SPecialiZed induStrieS Emphasizes the relationship of estate and gift taxes to the income tax. Explores the philosophy underlying Federal policy toward the three taxes and the issue of transferring assets. Introduces basic elements of estate planning, such as trusts, annuities, joint interests, and life insurance. tX 05 taX PlanninG for hiGh net-Worth individualS Investigates the tax environments of specific industries such as banking, insurance, high technology, energy, services, and heavy and light manufacturing. Provides students with skills in adapting tax rules to a variety of contexts for effective business planning. PrereqUisite: tx 7030. ProfeSSor Walter o’connor PreSideS over the annual chriStmaS taXation luncheon. Focuses on the practical aspects of taxing wealthy individuals. Reviews general income-tax planning for wealthy individuals; dealing with passive activities (tax shelters); the use and limitations of qualified plans; investment planning (debt versus equity, time frame, asset allocation); life, disability, and liability insurance exposures; retirement planning; and estate planning. PrereqUisite: ac 7184 or eqUivalent. Graduate School of BuSineSS adminiStration 1 tX 050 State and local taXeS tX 06 taX accountinG Discusses the basic elements of state and local taxes, and surveys the distinctive tax characteristics of major business states such as New York, New Jersey, Illinois, and California. PrereqUisite: tx 7001. e-BUsiness coUrse. tX 056 taXation of eXecutive comPenSation, emPloyee BenefitS, and retirement PlanS Focuses on situations where government rules required to compute tax liability differ from those permitted by the accounting profession to reflect the financial condition of a business. Studies the effects of different accounting methods on cash flow and reported earnings, and explores their implications for financial decision-making. Topics include depreciation methods, inventory methods, income-recognition, and changes in accounting periods. PrereqUisite: tx 7001. tX 0 PreServinG Wealth With eState PlanninG Covers the tax consequences as well as various strategies relating to the design and implementation of: executive compensation programs including stock options, restricted stock, stock appreciation rights, phantom stock, and golden parachutes; employee benefit plans including health care, disability, life insurance, educational assistance, dependent care, and cafeteria and flexible spending plans; retirement plans including qualified pension, profit-sharing, and stock bonus plans, as well as non-qualified supplemental executive retirement plans (SERPS), top hat plans, and excess benefit plans. PrereqUisite: ac 7184. tX 05 effective taX comPliance SyStemS Provides a complete foundation for estate planning and analysis: the role of the estate planner and the selection and appointment of fiduciaries; marital deductions and will-planning; life insurance in the estate; the use and taxation of trusts; recent changes in estate tax law; and specialsituation planning for corporate executives, closely held business owners, and partners. tX 00 taXation of u.S. and foreiGn eXPatriateS Concentrates on the elements required to administer efficiently the tax function in a large organization. Presents management concepts and tools for organizing a tax department, training its staff, and measuring its performance. Introduces methods to identify tax issues within a company and to comply with filing responsibilities. PrereqUisite: tx 7001. Analyzes how salaries, benefits, and special allowances can be structured to minimize individual tax liability under U.S. tax law for citizens working abroad and foreigners working in the United States. Encompasses filing requirements, cost-of-living differentials, foreign business expenses, foreign tax-credit limitations, and avoidance of double taxation. PrereqUisite: tx 7025. international BUsiness coUrse. tX 05 foreiGn taXation tX 060 enhancinG real eState inveStment returnS throuGh taX PlanninG Studies the tax problems and planning opportunities encountered in the acquisition, operation, and disposition of real estate. Topics include redevelopment expenditures, carrying costs, depreciation alternatives, utilization of fair market value, leveraging, and other financial techniques. PrereqUisites: tx 7001, tx 7015. tX 065 current ProBlemS in taXation Introduces the tax systems of major foreign countries from two standpoints: taxation of U.S. companies investing or operating in foreign countries and taxation of foreign enterprises investing or operating in the United States. Extends concepts discussed in TX 7045 International Corporate Taxation. PrereqUisite: tx 7045. international BUsiness coUrse. tX 0 landmarK caSeS of taXation Designed to be taken at the end of the Taxation program. Brings students up to date on the latest developments in taxation. Reviews recent IRS Rulings and Revenue Procedures, current court decisions, and recently enacted or pending legislation. PrereqUisites: tx 7025, tx 7030. tX 00 conSolidated federal income taX returnS Analyzes landmark decisions in taxation, focusing on issues fundamental to the various disciplines of taxation today. Considers how Congress enacts tax laws, how the Department of the Treasury and the Internal Revenue Service administer and enforce the laws, and the judicial system’s final say with respect to their interpretation. PrereqUisite: ac 7184. tX 0 SPecial toPicS in taXation Studies regulations concerning corporations with subsidiaries that elect to file consolidated tax returns, emphasizing the concepts, rules, and methods for computing consolidated taxable income. Topics include eligibility, advantages and disadvantages of filing on a consolidated basis; analysis of intercompany transactions; and allocation of tax liability. PrereqUisite: ac 7184 or eqUivalent. Capitalizes on the availability of industry experts and government officials to investigate special topics in depth or to analyze issues from a particular industry perspective. The specific topics and prerequisites are announced when the course is offered. Some examples of Special Topics in Taxation are: Life Cycle Case Studies, Taxation for Finance, and Issues in Taxation. 0 fordham univerSity Communications and Media Management area chair: everette e. denniS, feliX e. larKin diStinGuiShed ProfeSSor The Master of Business Administration in Communications and Media Management program consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. The Communications and Media Management concentration, one of the first of its kind in a business school, is designed for students pursuing careers in communication, information media, and entertainment industries, including television and cable, book and magazine publishing, digital media, and others. A special feature of the area is communications courses for managers in all business fields. The concentration provides administrative, financial, and marketing linkages for students interested in leadership positions in the communications industries and related fields. In addition to those pursuing careers in media and entertainment industries, students of the program also enter financial services industries and management consulting due to their expert knowledge of media industries. The faculty includes leading scholars and professionals, several with executive backgrounds, and also adjunct faculty from media industries who bring cutting-edge information and experiences to the classroom. In addition, programs sponsored by the Fordham Center for Communications bring leading media executives and managers from major organizations to the campus for special lectures and other presentations. An MS program in Communications and Media Management is also offered (see page 22). for ProGram PrerequiSiteS and ProGram Summary, See PaGe . MBA in Communications and Media Management concentration (five courses, 15 credits) Students can organize their course work along three recommended tracks: (1) Media and Entertainment Industries; (2) Media Management; or (3) Management and Corporate Communication. All students take the required course, CM 7500 Media and Communication Industries and four additional courses. Those wishing to customize their programs differently need approval of their adviser and the area chair. 1. media and entertainment industries cm 7500 media and communication industries Plus four of the following: cm 7502 the entertainment industry cm 7510 Broadcast management cm 7543 newspapers, magazines, and their electronic ventures cm 7554 new media and mass communications cm 7556 new media and communication law cm 7599 special topics in communications and media management (Broadband Revolution, Economics of Media Industries, Regulation of Electronic Media, Managing Across Media, and Global/International Communications) . media management cm 7500 media and communication industries Plus four of the following: cm 7504 the Book Publishing industry cm 7510 Broadcast management cm 7514 Broadcast and cable marketing and advertising sales cm 7543 newspapers, magazines, and their electronic ventures cm 7556 new media and communication law cm 7599 special topics in communications and media management (The Business of Sports Television or The Music Industry) 3. management and corporate communication cm 7500 media and communication industries Plus four of the following: cm 7525 cross-cultural communication and negotiation cm 7531 communicating corporate image and responsibility cm 7533 Persuasion in Public relations cm 7537 coping With Global corporate crisis cm 7550 management communication cm 7599 special topics in communications and media management (Communication for Consultants, Communication for Knowledge Management, Communication and Innovation, and Motivation and Influence in Communication) 1 Graduate School of BuSineSS adminiStration communicationS and media manaGement Master of Science in Communications and Media Management The Master of Science in Communications and Media Management is a 39-credit graduate program. Prerequisites of up to nine credits in economics and quantitative methods may be required. The MS in Communications and Media Management is designed specifically to meet the professional needs of: • Individuals currently working in the media and entertainment industries, especially those in creative and content areas who need additional high-level professional training in business administration as well as in media management. • Persons in business and other professions interested in specialized work in the media and entertainment industries. • Managers working in the diverse financial services sector interested in obtaining an extensive understanding of the media and entertainment industries. • College graduates interested in securing comprehensive professional training prior to embarking on careers in the media and entertainment industries. The growing media and entertainment industries require educated managers and leaders with extensive business expertise and competence. Increasingly, these industries are converging, and key industry leaders have expressed a need for individuals with both business and economic proficiencies, as well as knowledge of specific characteristics, practices, and nuances of media industries, ranging from book, magazine, and newspaper publishing to electronic and digital media. The ability of individuals attracted to these industries (often from content, editorial, or marketing backgrounds) to navigate the new market-oriented environment is severely limited by a lack of specific training in media management. While many such individuals do not wish to pursue a traditional MBA degree, they do need additional knowledge and skills that are offered distinctively in a graduate business school environment. This program was designed to provide a core of substantive graduate business administration courses incorporating the common body of knowledge required by the AACSB International, the Association to Advance Collegiate Schools of Business (of which Fordham is an accredited member), to individuals seeking advanced training at a business school. Students with prior academic training in business administration may have some or all of the prerequisites waived. ProGram PrereqUisites • managerial economics (microeconomics; equivalent of BE 6220) • mathematical methods for Business (equivalent of DG 6810) • statistics (equivalent of DG 6820) reqUired core coUrses (eight courses, 24 credits) cm 7500 media and communication industries cm 7599 special topics in communications and media management mG 6613 Fundamentals of management mk 6710 marketing management Plus four courses in the student’s area of concentration. media manaGement coUrses cm 7500 media and communication industries cm 7502 the entertainment industry cm 7503 the motion Picture industry cm 7504 the Book Publishing industry cm 7510 Broadcast management cm 7514 Broadcast and cable marketing and advertising sales cm 7518 Business and legal aspects of cable tv cm 7531 communicating corporate image and responsibility cm 7537 coping with Global corporate crisis cm 7543 newspapers, magazines, and their electronic ventures cm 7554 new media and mass communications cm 7556 new media and communications law (also offered as BL 7325) cm 7558 Business and the mass media cm 7599 special topics in communications and media management (Managing Across Media, The Television Industry, The Music Industry, The Broadband Industry) electives (two courses, 6 credits) ac 7105 Financial accounting Bl 7322 international Business law Fn 7421 Principles of modern Finance ic 7901 e-Business strategies and applications mG 7600 anatomy of decisions mG 7610 leadership and change mG 7635 international dimensions of Business mk 7719 e-marketing mk 7720 consumer Behavior mk 7730 marketing research mk 7750 international marketing mk 7755 advertising and media Planning mk 7765 sales management mk 7790 Product management  fordham univerSity Course Listings Communications Courses Each course carries three (3) credits unless otherwise indicated. cm 500 media and communication induStrieS cm 514 BroadcaSt and caBle marKetinG and advertiSinG SaleS Surveys traditional and new media industries, assessing information, entertainment, opinion, and marketing/advertising functions. Considers legal, technological, and economic issues. Focuses on books, newspapers, magazines, radio, television, cable, and digital media. cm 50 the entertainment induStry Provides an understanding of major changes in and future directions of the ad-supported electronic media environment during the past decade in both air and cable. Guest speakers include senior executives from the television networks, cable, syndication services, radio and television stations, and advertising agencies specializing in broadcast sales. The course also deals with the nature of programming as it affects sales. cm 51 BuSineSS and leGal aSPectS of caBle tv Provides a general survey of the U.S. entertainment industry, concentrating on film and video, recorded music, radio and television, Broadway, the Internet, publishing, and the arts. Examines their impact on business, the public, and government. international BUsiness coUrse. e-BUsiness coUrse. cm 503 the motion Picture induStry Examines the motion picture industry comprehensively, including such concerns as its structure; the creative process (e.g., the director and producer as managers); financial issues; film production; film marketing, distribution, and exhibition; and economic theories related to predicting the success of films. Includes case studies of current industry issues and problems, along with readings. cm 504 the BooK PuBliShinG induStry Overviews the cable television industry, including an analysis of legal, political, consumer, and business issues. Examines the future of the industry, including the international market for cable programming and the likelihood of a cable television network throughout Europe and Asia. Analyzes and compares various alternate technologies, such as DBS, SMATV, and TVRO. cm 55 croSS-cultural communication and neGotiation Investigates book publishing in the context of converging media and digital applications, reflecting international and domestic ownership. cm 50 reGulation of electronic induStrieS Explores how cultural differences and international settings affect business communication and negotiation — key skills for managers who seek to get solutions accepted and implemented. The dimension of culture is used to increase the student-managers’ self-awareness and reflection, and to build flexibility in their conceptual understandings and skills. Emphasizes specific strategies, styles, and techniques that help the negotiator/communicator. cm 531 communicatinG corPorate imaGe and reSPonSiBility This course introduces students to the regulation of electronic media industries. Topics include the principles that have traditionally guided government, the dynamics of the policymaking process and regulatory issues, and controversies surrounding new media technologies. The impact of policy on media business is explored. cm 510 BroadcaSt manaGement Demonstrates the value of pragmatic public relations activities through basic principles, case studies, and guest speakers. Examines how inept communications and resulting public perceptions can create or deepen corporate crises. Stresses criteria for selecting outside counsel, establishing relationships with the media, and communicating with employees and stockholders. also oFFered as mk 7782. cm 53 PuBlic relationS reSearch Focuses on the principal responsibilities and concerns of local and network television managers, including staffing, programming, promotion, research, and regulation. Also discusses radio operations. Network management includes the study of affiliate relations, new technologies, and national and spot sales. cm 511 the televiSion induStry Surveys and offers a practicum on strategies and methods of assessing corporate communications programs and activities. The course uses quantitative and qualitative approaches to determine communication effectiveness, drawing on survey research, content analysis, and historical, cultural, and economic analysis. cm 533 PerSuaSion in PuBlic relationS Assesses television as a business, including its structure, economics, regulation, and technology. Components include broadcast network television, cable, syndication, direct broadcast satellite, and emerging interactive technologies. Focuses on insights and skills necessary to persuade individuals and groups, including techniques for discerning and influencing public opinion. Students hone individual persuasive skills, drawing on insights from social psychology and motivation research, and work on practical business situations, from conveying a CEO’s vision for a firm to providing a credible response to a communications problem. Graduate School of BuSineSS adminiStration 3 cm 534 marKetinG With PuBlic relationS cm 554 neW media and maSS communicationS Examines the use of public relations strategies to replace or augment more traditional communications efforts. Agency publicists and company representatives discuss this trend. Case studies illustrate how techniques such as video press releases, expert spokespeople, and inventive news pegs are used as part of an overall marketing plan. cm 53 coPinG With GloBal corPorate criSiS Examines new communications technologies using guest speakers, videotapes, and case studies. Surveys cable, video, satellite transmission, digital television, Internet media, and other new and emerging forms of information transmission, with particular emphasis on their interaction and their impact on society and business. e-BUsiness coUrse. Explores the experiences of both instructor and guest speakers in managing public battles, including strategies, flash points, media relations, chains of causality, and often-critical personalities. Crises include product poisonings, tanker groundings, nuclear accidents, and other disasters that come without warning. international BUsiness coUrse. cm 556 neW media and communication laW (Students who have previously taken CM 7536 Coping with Corporate Crisis will not receive the International Business Designation for CM 7537 Coping with Global Corporate Crisis.) cm 541 manaGinG neWSPaPerS and their electronic ventureS Analyzes the legal parameters and constraints on freedom of expression that govern traditional and new communications technologies, focusing on the Internet. Probes the various constitutional, statutory, and regulatory protections accorded the Internet and more traditional media such as print, broadcast, and cable, as well as governmental attempts to regulate certain aspects of them. Topics include modern First Amendment interpretation, libel, defamation, privacy, commercial speech, indecency/obscenity, antitrust, contracts, intellectual property, and e-commerce. also oFFered as Bl 7325. e-BUsiness coUrse. cm 55 BuSineSS and the maSS media Provides first-hand experience through case studies, visiting speakers, and a major research project. Studies today’s winners, losers, and special cases. Explores the move of newspaper companies into the next generation of information utilities that deliver news, opinion, and advertising electronically. cm 54 maGaZine manaGement Studies America’s multitude of magazines, ranging from small company publications to general circulation giants reaching tens of millions of homes, in terms of their composition and their approach to readership. Examines the business of publishing and explores opportunities for management roles in the industry. cm 543 neWSPaPerS, maGaZineS, and their electronic ventureS Reviews the impact of newspapers, broadcasting, business publications, and other media on American business and explores how corporations deal with the press. Topics include crisis control, issue and advocacy advertising, the legal protection of commercial speech, and investigative reporting. Guest lectures and case studies of business crises provide a practical understanding of the interrelationship of business, the press, and the public. Also examines the business news media — print, electronic, and digital. cm 561 corPorate PoWer and the PuBlic Looks at the interface and operations of two traditional print media industries as well as their modern digital forms. Covers both corporate and entrepreneurial approaches. cm 550 manaGement communication Evaluates the gap between awareness of social issues and corporate action by examining the interplay of public responsibility, personal integrity, and competitive pressure in the context of a free enterprise system. cm 5 SPecial toPicS in communicationS and media manaGement Explores the set of communication concepts, strategies, and skills needed to achieve organizational objectives and fulfill management responsibilities. By integrating analytical frameworks and practical skills, students learn to anticipate and address challenges they are likely to face as business professionals and to communicate effectively and ethically. These courses are offered from time to time to permit faculty and students to explore topics of special interest. The specific topic and prerequisites are announced when the course is offered. cm 05 economicS of media induStrieS Introduces central economic concepts and characteristics that distinguish media industries from other businesses and industries. Recognizing the converging nature of media technologies and increasingly blurred boundaries between specific media industry segments, this course focuses on economic principles and concepts that have relevance across multiple forms of media — electronic and print, broadband and digital. 4 fordham univerSity Finance and Business Economics area chair: victor m. Borun, aSSociate ProfeSSor The Master of Business Administration in Finance program consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. The goal of the Finance curriculum is to provide students with the skills and understanding necessary to make sound financial decisions in a changing domestic and international business environment. In particular, the program aims to develop a thorough understanding of global financial markets, the growing transnational character of business, applications of computer technology, merger activity, and evolving financing methods and instruments. It combines current academic thought with cutting-edge business practice. The Finance and Business Economics area offers a concentration in Finance and elective courses in Business Economics. Students are encouraged to plan their programs relatively early in the course of their studies. The faculty is available to assist in this process. for ProGram PrerequiSiteS and ProGram Summary, See PaGe . MBA in Finance concentration (five courses, 15 credits) Students concentrating in Finance take five courses beyond the Finance core requirement of FN 6411 The Financial Environment; FN 7421 Principles of Modern Finance is strongly suggested. Finance sPecializations There are no specific required courses for students concentrating in Finance other than the Finance core requirement, FN 6411 The Financial Environment. Some suggested specializations and course sequences appear below for students interested in specific career paths. Courses marked with an asterisk (*) are essential courses for each suggested specialization. 1. corporate financial management Appropriate for students interested in corporate-financing decisions and financial analysis. Fn 7421 Principles of modern Finance* Fn 7422 corporate Finance* Fn 7423 mergers, acquisitions, and leveraged Buyouts Two other Finance courses or the equivalent in mini-courses . investment management Intended for students interested in the evaluation of securities and non-financial assets, portfolio management, and trading in financial markets. Fn 7421 Principles of modern Finance* Fn 7430 investment analysis* Fn 7431 options and Futures markets Fn 7460 Portfolio management One other Finance course or two mini-courses Students considering a career in investment management should be aware of the importance of obtaining their Chartered Financial Analyst’s (CFA) designation from the Association for Investment Management and Research (AIMR), located in Charlottesville, Virginia. The CFA is awarded upon satisfactory completion of a series of examinations on ethical, financial, economic, legal, fixed income and equity valuation, and portfolio management issues. Details of the CFA program can be obtained from the Finance faculty. Graduate business courses included in the investment management specialization cover many topics required for the CFA tests. 3. management of financial institutions Suggested for students interested in careers in banking. Fn 7441 money, credit, and interest rates* Fn 7442 commercial Banking Three other Finance courses or the equivalent in mini-courses. 4. international finance Designed for students seeking careers with multinational companies and international financial organizations. Fn 7443 multinational investment analysis Fn 7451 Financial management of multinational companies Fn 7455 Global Finance* Two other Finance courses or the equivalent in mini-courses. Graduate School of BuSineSS adminiStration 5 finance and BuSineSS economicS Finance Courses 5. real estate finance Structured for those pursuing careers in real estate development, underwriting, and institutional acquisitions. Fn 7421 Principles of modern Finance* Fn 7470 real estate Finance Fn 7472 real estate Financing alternatives* Two other Finance courses or the equivalent in mini-courses 6. Personal financial Planning Developed for those seeking careers with financial institutions offering financial planning services. Increasing complexity of the financial-planning field may require completion of a dual concentration in Accounting/Taxation and Finance. For courses in Accounting/Taxation, please see the Accounting section. Some suggested courses for the Finance concentration are: Fn Fn Fn Fn Fn 7421 7430 7431 7460 7470 Principles of modern Finance investment analysis options and Futures markets Portfolio management real estate Finance Each course carries three (3) credits unless otherwise indicated. fn 6411 the financial environment (MBA REQUIRED COURSE) Introduces the key concepts in finance and the environment in which they are applied. Students learn how to gauge the financial health of companies and measure and understand financial return in relation to risk. The course also surveys the uses and characteristics of different financial instruments and the function and operation of global financial markets. PrereqUisites: ac 6111, Be 6220, dG 6810, and dG 6820. fn 400 BuSineSS finance Provides a general understanding of corporate financial management. Problems include comparing costs of alternative sources of capital, use of debt versus equity, and comparing fixed-rate versus floating-rate financing. Capital budgeting and managing working capital are discussed, emphasizing the financial impact of marketing and production decisions. PrereqUisite: Fn 6411. (Students taking FN 7400 Business Finance will not receive credit for FN 7422 Corporate Finance.) fn 410 manaGement of financial inStitutionS Students may also consider taking two free electives from either Finance and/or Accounting/Taxation or Special Topics offerings. Students considering a career in personal financial planning should be aware of the importance of obtaining their Certified Financial Planner (CFP) designation from the CFP Board located in Denver, Colorado. Details of the certification may be obtained directly from that institution. Breadth electives (five courses, 15 credits) Breadth electives are advanced-level courses outside the concentration. Students are limited to a maximum of two courses from a single area. Two recommended electives for students concentrating in Finance are BE 7230 Macroeconomics and AC 7125 Financial Statement Analysis. Students may select electives from specified International Business courses, subject to area distribution requirements, to receive an International Business designation on their official transcript (see page 10). With advance approval of the Dean of Student Affairs, students may take graduate courses that relate to their professional objectives offered by other schools of the University. Free electives (two courses, six credits) These credits enable students to take advanced-level courses of their choice in either the concentration, elective areas, or both, subject only to individual course prerequisites. Free electives are not subject to the breadth elective distribution requirement or concentration requirements. Applies and adapts techniques of financial management to the specific characteristics of financial institutions and financial services firms. Also discusses the changing regulatory environment and its effects on commercial banks, savings and loan associations, insurance companies, and brokerage firms. PrereqUisite: Fn 7441. fn 415 credit manaGement Studies the tools, techniques, and institutions involved in granting credit to businesses. Particular emphasis is placed on advanced cash-flow analysis, assessing financial needs, and recommending appropriate funding vehicles for firms seeking credit. Also presents the evaluation of credit customers’ historical, current, and future economic/industry environments. PrereqUisite: Fn 6411. fn 41 PrinciPleS of modern finance Provides a conceptual framework that allows both corporate finance and portfolio investment decisions to be viewed and understood in a unified context of risk and return. Examines concepts of valuation, risk and return, diversification, asset pricing, and efficient markets. PrereqUisites: Fn 6411, dG 6820. *fn 4 corPorate finance Studies corporate finance and its specific decisions. Topics include evaluating capital expenditure proposals, forecasting financing requirements, and selecting sources of financing. The course also discusses working capital management, dividend policy, and contingency planning, and addresses the additional challenges of multinational firms. PrereqUisite: Fn 7421. (Students taking FN 7422 Corporate Finance will not receive credit for FN 7400 Business Finance.) 6 fordham univerSity Course Listings fn 43 merGerS, acquiSitionS, and leveraGed BuyoutS fn 44 commercial BanKinG Focuses on identifying and evaluating target companies and structuring deals. Also considers the economic and social impact of such changes in corporate ownership. Students analyze recent cases, search for a target company, structure a deal, and negotiate financial arrangements. PrereqUisite: Fn 7421. fn 430 inveStment analySiS Explores the evolution of commercial banking. Examines the international character of the money-center banks, and the rise of the regional banks. Also studies asset and liability management, international bank management, syndicated lending, project financing, and lending policies in developing countries. PrereqUisite: Fn 7441 or instrUctor’s Permission. Provides the foundation for choosing sound investment vehicles that meet investors’ objectives. Identifies the wide variety of available investment instruments and examines their risks and benefits. Studies philosophies and techniques of investing, such as fundamental analysis, technical analysis, and uncovering market inefficiencies. PrereqUisite: Fn 7421. fn 431 oPtionS and futureS marKetS fn 443 multinational inveStment analySiS Examines investment strategies that encompass international financial markets. Studies international money markets, the foreign exchange market, forward markets for commodities and financial instruments, and stock and bond markets. Investment alternatives are analyzed under fixed, floating, and managed exchange-rate regimes. PrereqUisites: Fn 7421 or instrUctor’s Permission. international BUsiness coUrse. fn 451 financial manaGement of multinational comPanieS Examines the institutional aspects of options and futures markets and discusses the strategies of hedgers, arbitrageurs, and speculators. Provides an introductory analytical foundation for pricing futures and option contracts. PrereqUisite: Fn 6411. fn 433 fiXed-income analySiS Introduces techniques for valuing fixed-income securities. Particular emphasis on discounted cash-flow analysis to value corporate bonds, municipal bonds, asset-backed-securities, and mortgage-backed securities. Examines the price-yield relationship, the term structure of interest rates, measures of volatility, the price impact of embedded options, and the binomial valuation model. PrereqUisite: Fn 7421 fn 435 PenSion manaGement Focuses on aspects of financial planning for corporations with international operations. Topics include: managing the firm’s foreign currency exposure; financial control of foreign operations; international capital budgeting analysis; managing multicurrency working capital; international cost of capital and capital structure issues; foreign project evaluation techniques; analysis of foreign subsidiary performance; and foreign fund management techniques. Particular emphasis on foreign investment opportunities not normally available to a domestic firm. PrereqUisite: Fn 7421 or instrUctor’s Permission. international BUsiness coUrse. Presents an integration of corporate finance and investment analysis techniques aimed at the financial management of corporate pension plans. Provides an overview of the American retirement system and introduces actuarial techniques and pension accounting. Topics include pension liabilities, decisions on how to fund retirement plans, the effects of inflation on assets and benefits, investment strategy and evaluation, and tax and legal issues. PrereqUisite: Fn 7421. fn 441 money, credit, and intereSt rateS finance viSitinG committee francis X. Burnes, iii Managing Director, Global Investment Banking, Chase Securities andrew Kalotay President, Andrew Kalotay Associates, Inc. thomas Kennedy Managing Director, Global Professional Development, J.P. Morgan Chase & Co. Stanley a. nabi Managing Director/Senior Advisor, Credit Suisse Asset Management Bert W. m. twaalfhoven President, Indivers, B.V. Studies the role of money, credit, and interest rates in the efficient and ethical functioning of domestic and global financial markets. This building-block course assumes a background in macroeconomics and finance, and it establishes a foundation for further study in all areas of finance. Topics include: flow of funds and interdependency within the financial system, the Federal Reserve System and its role in money creation, interest rates, the links between interest rates and the growth of money, and the effects of inflation and term structure. PrereqUisites: Be 7230, Fn 6411. also oFFered as Be 7240. Graduate School of BuSineSS adminiStration  finance and BuSineSS economicS fn 455 GloBal finance fn 46 financial manaGement of nonProfit orGaniZationS Surveys the structure of the international financial environment. Topics studied are world trade and the balance of payments, foreign exchange markets, the long- and short-term determinants of exchange rates, and the major international financial institutions. Explores how the international community adjusts to financial shocks and the role of the Eurocurrency markets. A background in Macroeconomics is recommended. PrereqUisite: Fn 6411. international BUsiness coUrse. also oFFered as Be 7244. fn 45 contemPorary iSSueS in GloBal finance Financial management techniques are adapted to the goals, regulations, and accounting procedures of nonprofit organizations, such as schools, foundations, government agencies, and hospitals. Topics include fund accounting systems, budget preparation and administration, financial reporting, management control, public accountability, and tax-exempt status. PrereqUisite: Fn 6411. fn 4 SPecial toPicS in finance Explores current issues relevant to the global financial system, including international commercial and investment banking and international investments. Emphasizes the underlying conditions and fundamental trends in various sectors of international finance. PrereqUisite: Fn 6411. international BUsiness coUrse. also oFFered as Be 7243. fn 460 Portfolio manaGement Offered from time to time to permit faculty and students to explore a finance topic of particular interest. The specific topic and prerequisites are announced when the course is offered. Finance Mini-courses Each mini-course carries 1.5 credits. Mini-courses cover special topics and recent developments that do not require a full three-credit course. They are offered on a half-term (seven week) basis. fn 400 iSSueS in finance Examines portfolio objectives and links them to appropriate investment strategies. Considers the asset-allocation decision, equity and fixed-income portfolio management, return enhancement/risk control techniques, and performance evaluation. Commercial-level portfolio-optimization software is applied to a range of institutional portfolio problems. PrereqUisite: Fn 7421. fn 465 financial forecaStinG A variety of special topics courses that vary depending upon the interest of the instructor and the changing financial environment. The specific topics and prerequisites are announced when the course is offered. PrereqUisite: Fn 7421. fn 410 financial innovation Studies the methods and analyses necessary to forecast interest rates, stock indices, and the prices of other financial assets. Considers macroeconomic forecasting and the factors affecting corporate sales and earnings. Students use forecasting software and interpret the statistical results. Also emphasizes judging the quality and usefulness of various time series and cyclical indicators. PrereqUisite: dG 7840 or instrUctor’s Permission. fn 40 real eState finance Explores recent financial innovations to understand why they developed. Studies the creation and implementation of selected financial innovations, such as securitization of mortgages, put-option bonds, and coupon stripping. Student projects include a search for innovation opportunities within a particular finance area. PrereqUisite: Fn 7421. fn 40 advanced corPorate financinG techniqueS Discusses the major factors affecting the valuation and financial structuring of real estate, including general tax and depreciation policies. Presents the roles of principal lending institutions, mortgage banks, and investment banks in real estate lending, syndications, and partnerships. Also surveys real estate-related securities and their markets. PrereqUisite: Fn 6411. fn 4 real eState financinG alternativeS Discusses the identification of financing needs, complex financing vehicles, and the matching of vehicles to needs. Topics change depending upon market conditions and other course offerings. The course presently covers leasing, off-balance-sheet and asset-based financing, subordinated loans, industrial revenue bonds, private placement, and interest-rate swaps. PrereqUisite: Fn 7421. fn 430 corPorate finance Simulation Examines both evolving and traditional real estate financing techniques. Through a fixed-income portfolio simulation, students learn the pricing and volatility of mortgages in the fixed-income markets, which provides a basis for determining when to use long- and short-term instruments to finance real estate transactions. PrereqUisites: Fn 7470, Fn 7421. Focuses on a computer simulation model of financial decision-making in an industrial corporation. Students are assigned to competing “corporate” teams. Lectures and guided working sessions aid strategy formulation. The model is used to illustrate, expand, and integrate material presented in other corporate finance courses. PrereqUisite: Fn 7421.  fordham univerSity Course Listings Business Economics Courses Each course carries three (3) credits unless otherwise indicated. Be 60 manaGerial economicS (MBA PROGRAM PREREQUISITE) Be 51 international trade and develoPment Examines the microeconomic theory and concepts that strive to explain economic decisions of businesses in the marketplace. The dominant issues addressed in this course are the factors of supply and demand and the relationship of production costs, output, and market structures to pricing. Designed to provide the economic foundation for management decisions. PrereqUisite: dG 6810. The first half of the course focuses on the theories and practices of world trade. Topics include comparative advantage, the changing trade competitiveness of nations, and protectionism. During the second half, the focus shifts to developing countries: the process of economic development, including the contribution of foreign investment and technology as well as investment and trade opportunities, policies, and regulations. PrereqUisite: Be 6220. international BUsiness coUrse. Be  SPecial toPicS in BuSineSS economicS Be 30 macroeconomicS Studies the forces and interactions that shape the national economic environment. These include levels of consumption and savings, tax policy, government fiscal policy, monetary policy and interest rates, capital investment, and the business cycle. Also addresses the impact of international factors on the national economy. The course establishes the essential role of macroeconomics in corporate and investment planning. PrereqUisite: Be 6220. Be 40 money, credit, and intereSt rateS Offered from time to time to permit faculty and students to explore a business economics topic of particular interest. The specific topic and prerequisites are announced when the course is offered. Studies the role of money, credit, and interest rates in the efficient and ethical functioning of domestic and global financial markets. This building-block course assumes a background in macroeconomics and finance, and it establishes a foundation for further study in all areas of finance. Topics include: flow of funds and interdependency within the financial system, the Federal Reserve System and its role in money creation, interest rates, the links between interest rates and the growth of money, and the effects of inflation and term structure. PrereqUisites: Be 7230, Fn 6411. also oFFered as Fn 7441. Be 43 contemPorary iSSueS in GloBal finance Explores current issues relevant to the global financial system, including international commercial and investment banking and international investments. Emphasizes the underlying conditions and fundamental trends in various sectors of international finance. PrereqUisite: Fn 6411. international BUsiness coUrse. also oFFered as Fn 7458. Be 44 GloBal finance fordham BuSineSS iS honored to oPen the neW yorK StocK eXchanGe on June 13, 005. Surveys the structure of the international financial environment. Topics studied are world trade and the balance of payments, foreign exchange markets, the long- and short-term determinants of exchange rates, and the major international financial institutions. Explores how the international community adjusts to financial shocks and the role of the Eurocurrency markets. A background in Macroeconomics is recommended. PrereqUisite: Fn 6411. international BUsiness coUrse. also oFFered as Fn 7455. Graduate School of BuSineSS adminiStration  Information Systems area chair: aditya Saharia, aSSociate ProfeSSor The Master of Business Administration in Information Systems consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. Over the second half of the past century, businesses have been affected by two major trends: globalization and rapid advances in information and communication technologies. In the new economy, we have seen the emergence of new types of markets (web retailing, electronic markets); new ways of organizing business processes (task automation, integrated information management systems); new ways of reducing risk (virtual alliances rather than vertical integration); new thinking on competing in the marketplace (mass customization rather than economies of scale); new work environments (telecommuting, virtual teams); and increased emphasis on knowledge systems to support management and operations. for ProGram PrerequiSiteS and ProGram Summary, See PaGe . The Information Systems curriculum addresses the role of information systems in supporting business strategy and the challenges and opportunities that arise in managing information technology (IT). Students in this program will learn to recognize new business opportunities created by IT, evaluate and select the appropriate technologies for specific business applications, lead implementation projects, and manage IT operations. Courses in the program focus on four views of IT: (1) management, strategy, and organizational issues; (2) business applications of IT; (3) IT infrastructure; and (4) IT methodologies. The program is designed to give students the flexibility to focus on specific aspects of information systems management. The concentration requires students to take at least five courses (15 credits) beyond the MBA core course in the Information Systems area. Students can organize their course work along one of three different tracks: (1) Enabling Technologies, (2) Information Technology Management, and (3) E-Business. Faculty members are active in professional activities. Most full-time faculty members are conducting scholarly research and publishing in leading academic and professional journals. Some of our adjunct and clinical faculty members are senior information systems managers, who bring real-life experiences into the classroom. The area also benefits from a close relationship with IT executives in New York City. We often have CIOs appear as guest speakers, participate in club activities, and join the Fordham CIO Roundtable for informal discussions of current challenges faced by their peers at other organizations. In many cases, these relationships have led to new internships and full-time employment for Fordham Business students. information SyStemS viSitinG committee marcia Balestrino Senior Vice President & CIO, Girl Scouts of USA Jack cooper Former CIO, Bristol-Myers Squibb al Guibord Founder & CEO, The Advisory Council, Former CEO, Computerworld James P honohan . Partner, Accenture dr. daniel e. Klingler Senior Vice President, Information & Knowledge Management, Bristol-Myers Squibb PRI mark mccarthy Managing Director, Salomon Smith Barney richard a. Schell Vice President, Information Systems, ABC Television Network ed toben Vice President & CIO, Colgate-Palmolive Company 30 fordham univerSity MBA in Information Systems concentration (5 courses, 15 credits) Students who elect to concentrate in Information Systems must take a minimum of five courses beyond the core course, IC 6910 Management Information Systems. The MBA in Information Systems uses a two-tiered approach to course requirements: 1. Courses required of all students with an Information Systems concentration. 2. Elective courses that allow students to define a track within the area. reqUired coUrses All students are required to take the following two courses: ic 7902 systems development ic 7910 information systems strategy and management IC 7902 should be taken early in the program as it is prerequisite to many other courses. elective coUrses Three or more courses should be chosen as a cluster to support a specific track within the Information Systems area. Current offerings allow for the following tracks: 1. enabling technologies The Enabling Technologies Track addresses the needs of students who plan careers in IT working as business analysts, systems implementers, consultants, or in other positions requiring a mix of solid business skills and technology analysis/implementation skills. Suggested Electives ic 7941 communication networks and distributed systems ic 7973 database management One or more related courses: ic 7905 Web and e-Business technologies ic 7955 Project management ic 7999 special topics in information systems (Enterprise Integration, Data Warehousing, or Decision Support Systems) . management of information Systems The Management of Information Systems Track addresses the needs of students who plan careers in developing IT strategy and managing information systems projects. As such, this track emphasizes foundation/ technical skills as well as management, strategic planning, and execution skills so companies can realize the anticipated benefits from technology investments. Suggested Electives ic 7945 Business design through information technology ic 7955 Project management One or more related courses: ic 7999 special topics in information systems (Decision Support Systems) mG 7675 strategic management of innovations and technology mG 7699 special topics in systems management (Supply Chain Management) 3. e-Business track This track addresses the needs of students who plan careers in designing and implementing e-Business solutions, including customerfacing technologies and integrated supply chain management. Suggested Electives ic 7901 e-Business strategies and applications ic 7905 Web and e-Business technologies One or more related courses: ic 7941 communication networks and distributed systems ic 7945 Business design through information technology ic 7999 special topics in information systems (Decision Support Systems) Breadth electives (five courses, 15 credits) Breadth electives are advanced-level courses outside the concentration. Students are limited to a maximum of two courses from a single area. Students may select electives from specified International Business courses, subject to area distribution requirements, to receive an International Business designation on their official transcripts (see page 10). With advance approval of the Dean of Student Services, students may take graduate courses that relate to their professional objectives offered by other schools of the University. Free electives (two courses, 6 credits) These credits enable students to take advanced-level courses of their choice in their concentration, elective areas, or both, subject only to individual course prerequisites. They are not subject to the breadth elective distribution requirement or concentration requirements. Students should consider using free elective credits to take additional courses from the Information Systems area and breadth elective credits from other areas to augment the cluster of courses within the Information Systems track. Thus, students specializing in the Management of Information Systems Track should consider taking the Technology and Innovation Management course from the Management Systems area. Students specializing in the E-Business Track should consider taking the Supply Chain Management course from the Management area, the E-Marketing course from the Marketing area, and the New Media course from the Communications and Media Management area. Graduate School of BuSineSS adminiStration 31 information SyStemS Master of Science in Information Systems The Master of Science in Information Systems (MSIS) program comprises thirty-nine (39) credits and provides technical and business skills to students who plan to pursue a technical career in management of information technology. The program caters to students who already have a graduate degree in business and would like to acquire in-depth knowledge of information technology. Students interested in information resources management should also consider the option of pursuing an MBA with a concentration in Information Systems. Students interested in more theoretical foundations and in pursuing research and an academic degree should discuss the possibility of taking computer science, economics, and mathematics courses in lieu of Business School courses with the area chair and academic advisor. admission The main criterion for admission to the Information Systems program is a clear indication that the student has the ability and motivation to pursue graduate study successfully, evidenced by undergraduate work in business administration, computer science, and information systems. The admission application requires a personal statement, three letters of recommendation, and scores on the Graduate Management General Aptitude Test (GMAT) taken within the past three years. (A student may petition the admissions committee to use Graduate Record Examination (GRE) scores in lieu of GMAT scores.) Students who lack an undergraduate degree in information systems may be asked to take selected undergraduate or preparatory graduate courses before matriculation in the graduate program. admission reqUirements Although a graduate degree is recommended, admission is open to all candidates with a bachelor’s degree from an accredited program in any area. All applicants are required to have the equivalent of a business core at an AACSB-accredited business school. Students who have received an undergraduate business degree within three years of starting the program automatically receive credits toward the admission prerequisites. Other candidates may be admitted on a non-matriculated basis and will be matriculated into the program by providing proof of proficiency in the following areas by taking a waiver exam or demonstrating equivalent work experience: • • • • Business Economics Financial Management Introduction to Accounting Marketing Management deGree reqUirements The MSIS degree is granted upon completion of ten graduate-level courses and prerequisites (39 credits). The courses include: six required courses (18 credits) divided among management of technology, systems development, and technology areas, plus four electives (12 credits) from the Information Systems area, other areas in the Graduate School of Business, or other graduate schools within the University. Students are encouraged to choose electives that balance their base of knowledge. Those with a technical background but little business background, for example, should use business courses for electives, and students with a business background but little technical background should use advanced information systems and computer science courses. core coUrses (18 credits) management of technology ic 7910 information systems strategy and management ic 7945 Business design through information technology ic 7955 Project management Systems development ic 7902 systems development technology ic 7941 communication networks and distributed systems ic 7973 database management elective coUrses (12 credits) Students may choose any four graduate courses from the Information Systems area. Courses from other areas in the Graduate School of Business and other schools and departments at Fordham that have significant components of management and/or technology can also be used as electives with the permission of the academic advisor. Courses available within the Information Systems area: ic ic ic ic ic ic ic ic 7905 Web and e-Business technologies 7921 selection, evaluation, and control of ics 7931 is consulting and organizational design 7970 end-User applications 7982 human side of ics 7986 managing the costs and Benefits of information technology 7989 is in the transnational Firm 7999 special topics in information systems (Recent Special Topics courses have included Decision Support Systems, Enterprise Integration, and Information Systems Audit) Students are also required to have at least one course in Object-oriented Programming. Courses in other areas that are appropriate as electives include: mG 7675 strategic management of innovations and technology mG 7699 special topics in systems management 3 fordham univerSity Course Listings Joint MBA and MSIS Degree Students interested in learning in detail about technology while pursuing a career in management may also choose to enroll in the Joint MBA and MSIS Degree Program. Please contact the Admissions Office for more information at (212) 636-6200. ic 01 e-BuSineSS StrateGieS and aPPlicationS admission reqUirements Students seeking admission to the joint-degree program must satisfy all admission prerequisites for the MBA program and must have programming backgrounds as required for the MSIS program. The MBA courses taken while in the program will satisfy other admission prerequisites for the MSIS program. deGree reqUirements Students seeking a joint MBA and MSIS degree must complete 25 courses and prerequisites (84 credits) chosen so that requirements of both the MBA and MSIS programs are satisfied. No more than five courses can be counted toward both programs. A full-time student taking three to four courses at a time can finish the joint-degree program in seven to eight trimesters. minimUm residency reqUirements To complete the joint MBA and MSIS degree, a student must satisfy the minimum residency requirement of 60 credits. Program prerequisite courses cannot be applied toward the minimum residency requirement. Introduces students to concepts, issues, and technologies essential to conducting business in information-enabled economies. Students will look at the transformation of traditional marketplaces into electronic market spaces, from traditional supply chains to virtual alliances and industrial webs, from traditional product focus to mass customization. Reviews common e-Business applications, such as customer relationship management, Enterprise Resource Planning (ERP), e-procurement, supply chains, and web portals. Issues discussed include the reactions of consumers to e-retailing, regulatory and tax concerns, use of vertical and horizontal exchanges in managing supplier-customer interactions, security and privacy concerns, digital rights management and mobile commerce. This course has a global perspective: many case studies focus on international issues in a variety of business sectors, including retailing, financial services, and information services. PrereqUisite: ic 6910. international BUsiness coUrse. e-BUsiness coUrse. ic 0 SyStemS develoPment Information Systems Courses Each course carries three (3) credits unless otherwise indicated. ic 610 manaGement information SyStemS (MBA REQUIRED COURSE) Helps students participate meaningfully in business dialogues and decisions that involve, or could profit from, information technologies. Because information technologies continually change basic ways of doing business, the course emphasizes the organizational impact of information resource decisions and the challenges in managing information resources. Topics include: strategic use of information systems, hardware, software, data resources, networks, systems development methodologies, knowledge management, ethics, and IT in transnational firms. Examines tools and methods for developing information systems applications. Emphasizes understanding core issues in developing IT solutions to business problems. Part of the course focuses on tools for developing architecture and models to describe organizational structure, organizational processes, workflows, and organizational data. Another part focuses on acquiring information resources to support organizational processes. Topics include identifying possible IT solutions to business problems, cost-benefit analysis, sourcing options, systems development approaches, documenting systems requirements, developing systems specifications, and managing systems development projects. Students learn concepts in the context of an applied group project. Involves the use of computer-assisted software engineering (CASE) tools for modeling requirements and specifications of information systems. PrereqUisite: ic 6910. Graduate School of BuSineSS adminiStration 33 information SyStemS ic 05 WeB and e-BuSineSS technoloGieS ic 1 Selection, evaluation, and control of icS technoloGy Begins with a brief review of e-business models and applications, such as online purchasing, customer relationship management, electronic marketplaces, application service providers, supply chains, enterprise resource planning, and enterprise portals. Studies enabling technologies, such as Web, XML, Semantic Web, HTML, wireless web, and XML web services. Also discusses web-based platforms for e-commerce, B2B trade, and mobile applications. Reviews emerging XML standards, such as ebXML, Rosettanet, and Biztalk, and web-based platforms, including Dot Net and J2EE. Students will experience the systems development lifecycle while developing a website to meet business requirements and will also review real-life examples and case studies. PrereqUisite: ic 7901. e-BUsiness coUrse. ic 10 information SyStemS StrateGy and manaGement Focuses on selecting, specifying, acquiring, and contracting for ICS hardware and software. With the expanding use of information systems technologies in business, increasing numbers of managers and employees are involved in acquiring, using, and controlling ICS-based products and services. The course examines the economics of computing, long-range technology planning, vendor selection, platform planning, and control of organizational and human resources. PrereqUisite: ic 6910. ic 31 iS conSultinG and orGaniZational deSiGn Focuses on issues of aligning business and technology strategies. Addresses how IT supports business strategy and business processes, the role of the CIO, systems integration, outsourcing, the value of IT, selection of technologies, IT strategy and infrastructure, dealing with emerging technologies, and organizational issues surrounding technology implementations. This is the Information Systems area capstone course. PrereqUisite: ic 6910. Examines the process of successfully introducing information technology into a business environment, which requires both technical competence and the ability to collaborate with users to identify their most crucial needs and implement appropriate solutions. Students apply concepts of analysis, contracting, design and development, project management, and implementation, together with effective presentation techniques, to information systems. PrereqUisite: ic 6910. ic 41 communication netWorKS and diStriButed SyStemS Focuses on next-generation technologies with special attention to communication networks. Distributed Computing Systems (DCS) are used to connect many different and independent computers, databases, and applications over networks to support business activities. The first part of the course highlights the role of networks in modern enterprises and discusses such topics as communication network technologies, network architectures and network interconnectivity, the Internet and its variants (public Internet, Intranet, and Extranets), broadband networks, and wireless networks (cellular networks, satellites, wireless LANs). The second part of the course discusses how enterprise applications and databases are interconnected through middleware services that reside above networks. Topics include: distributed computing, client/server systems, and web-based distributed and mobile applications. The topics of this course will continually evolve to reflect the latest business and technical trends. PrereqUisite: ic 6910. a Sea of mortarBoardS at Graduation. 34 fordham univerSity Course Listings ic 45 BuSineSS deSiGn throuGh information technoloGy ic  human Side of icS Explores the major issues related to business design. In the face of relentless competition, objectives of marginal improvement must now give way to efforts to achieve very high productivity levels in a firm’s key processes. Business must be viewed not in terms of functions, divisions, and products, but of key processes. Achievement of higher levels of improvement in these processes means redesigning them from beginning to end, employing whatever innovative technologies and organizational resources are available. This course examines: (1) the need for an enterprise-wide perspective on providing products and services; (2) techniques aimed at improving design, production, and delivery processes; and (3) the application of information technology as an enabler of process innovation. PrereqUisite: ic 6910. e-BUsiness coUrse. Studies the human side of the effective implementation of new information technologies. Advances in information technology are often ahead of our ability, as humans and social beings, to keep up with the massive changes in work life, organizational processes, marketplaces, and personal lives. This course is designed to help students become effective facilitators of change and to emphasize the human side of information technology. It is now known that systems are more likely to fail because of organizational reasons than for technical reasons. This course deals with the impact of IT on people and society. It examines the legal, ethical, and social issues that result from rapid technological advances. It also looks at change-management issues in an organization and user interface design issues. PrereqUisite: ic 6910. ic 6 manaGinG the coStS and BenefitS of ic 55 ProJect manaGement information technoloGy Provides the skills project managers need to complete projects on time and on budget. Technology improvements in organizations are implemented through projects, and strong project management skills are a key success factor for companies to achieve the expected benefits from their technology investments. Topics include: setting and maintaining project scope, developing work plans, estimating required resources, developing work programs, organizing project teams, super-users, monitoring and controlling projects, maintaining relationships with users and management, status reporting, and key factors for realizing the anticipated benefits from the investment. Students use a computer-based project management tool as part of this course. PrereqUisite: ic 6910. ic 0 end-uSer aPPlicationS Helps managers understand the cost dynamics of IS, especially the many hidden costs, and to make the case for its use, particularly in adding value to products and services. Managing IS benefits as well as costs is a massive organizational challenge. IS often constitutes half of the incremental capital expenditures of large corporations; budgets have grown at a rate of 15 to 20 percent for the past two decades. IS is a major element in almost every area of business innovation and operation. PrereqUisite: ic 6910. ic  iS in the tranSnational firm Addresses the business opportunities of end-user computing and related management issues. More than 40 percent of the annual expenditure on information technology in the typical large corporation now falls outside the information services budget. Personal computers, desktop publishing office technology, and electronic mail are examples of ICS applications that need to be managed by end-user business units. PrereqUisite: ic 6910. ic 3 dataBaSe manaGement Provides practical guidelines for managers to integrate international business with IS planning and operations. As businesses increasingly operate globally, corporations with transnational business strategies must also develop transnational IS. Today’s managers need to coordinate international telecommunications and IS operations as well as exploit the organizational and economic opportunities IS creates for businesses that operate globally. PrereqUisite: ic 6910. international BUsiness coUrse. ic  SPecial toPicS in information SyStemS Covers the basics of database management, a critical element of all IT organizations. Databases are the foundation for operational/transaction systems and for management decision-making. Topics include types of databases and the database environment, database analysis and data modeling, database design with relational models, implementation issues such as SQL, data administration, the Internet database environment, and distributed databases. PrereqUisite: ic 6910. Offered from time to time to permit faculty and students to explore topics of interest in information systems. The specific topic and prerequisites are announced when the course if offered. Graduate School of BuSineSS adminiStration 35 Management Systems area chair: roBert m. Wharton, ProfeSSor The Master of Business Administration in Management Systems consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. The Management Systems curriculum prepares managers to lead organizational change and to make the strategic decisions necessary for businesses to survive in today’s globally competitive world. Courses go beyond the narrow functional specializations of the past, integrating behavioral and systems concepts to produce a new management systems technology called Quality Management. Quality Management utilizes and extends principles associated with the teaching of W. Edwards Deming, Joseph M. Juran, and others concerning quality management and flexible systems, principles that have demonstrated remarkable potential for improving quality, productivity, and competitive position. These principles and how leading companies apply them globally represent the foundation of the area curriculum. The principles are relevant to all levels of management and all types of business organizations. for ProGram PrerequiSiteS and ProGram Summary, See PaGe . MBA in Management Systems concentration (five courses, 15 credits) There are no specific required courses for students concentrating in Management Systems other than the core requirements: MG 6613 Fundamentals of Management, MG 6627 Operations Management, and MG 7660 Business Policy. Some suggested specializations and course sequences appear below for students interested in specific career paths. Each consists of five courses beyond the management core requirements. sPecializations 1. quality and Systems management Intended for students interested in careers in the management of high-quality industrial or service operations. mG 7605 Process control mG 7610 leadership and change mG 7621 studies in quality management Plus two other advanced-level MG or DG courses. . quality and Systems design Intended for students interested in careers involving the decisionmaking and analysis required to design high-quality products and productive processes. dG 7820 statistical reasoning dG 7830 optimal design mG 7605 Process control Plus two other advanced-level MG or DG courses. MK 7730 Marketing Research and MK 7790 Product Management are two highly recommended breadth electives for this specialization. 3. competitive Strategy Focuses on management concepts needed to formulate and implement effective strategies for the long-term health of corporations; intended for students interested in careers in strategic planning and management consulting. mG 7671 Global industry analysis and strategic Planning mG 7673 strategy implementation mG 7675 strategic management of innovations and technology Plus two other advanced-level MG or DG courses. Students are strongly urged to work closely with professors in the strategy area when selecting advanced concentration courses and electives. the deming Scholars mBa Program Based on the teachings of W. Edwards Deming, this intensive program alternates eight weeks of class work with seven-week practicums. For more information, see page 46. 36 fordham univerSity Course Listings Management Courses Each course carries three (3) credits unless otherwise indicated. mG 6613 fundamentalS of manaGement (MBA REQUIRED COURSE) mG 61 StudieS in quality manaGement Presents theories of designing the structure and processes of organizations, as well as the elements of the global competitive environment within which such organizations operate and ways of relating to this environment. Explores critical issues related to the individual and the firm. Focuses on defining management’s role and responsibilities in the continual improvement of quality, productivity, and the competitive position of the enterprise. PrereqUisites: Be 6220, dG 6820. mG 66 oPerationS manaGement (MBA REQUIRED COURSE) Applies knowledge of Quality Management to actual human systems, either at the place of students’ employment or elsewhere. Working individually or in teams, students prepare Quality Management-related studies and present their final reports to faculty members or client companies. PrereqUisites: mG 7605, mG 7610. mG 65 team dynamicS Studies the operations of both manufacturing and service organizations with the objective of simultaneously optimizing the quality and productivity of the operations systems. Develops techniques for strategic planning and system design, such as quality control, aggregate and capacity planning, project planning, scheduling and control, material and inventory management, and just-in-time production. PrereqUisite: mG 6613. mG 600 anatomy of deciSionS Focuses on examining and developing interpersonal skills consistent with modern business’s evolution toward an integrated, self-managing, team-oriented structure. This structure emphasizes group problem-solving, interpersonal communication, and leadership among peers. PrereqUisite: mG 6613. mG 635 international dimenSionS of BuSineSS Uses case studies to explore various strategies of participation in the global business environment and the ways in which multinational corporations and transnational cooperative ventures create new managerial challenges and opportunities. PrereqUisites: mG 6613, Fn 6411, or instrUctor’s Permission. international BUsiness coUrse. mG 636 hiGh technoloGy manaGement Examines how modern managerial support systems are evolving from a reliance on data and information to the utilization of knowledge and wisdom. This transition both demands and creates new approaches to decision-making. mG 605 ProceSS control Introduces and, in an applied framework, examines modern statistical evaluation and control methods to enhance the performance of all productive processes. To improve such processes, managers must evaluate ever-present variability to determine process stability and distinguish normal fluctuations from special disturbances. PrereqUisite: mG 6627. mG 610 leaderShiP and chanGe Explores the key characteristics of how high technology allows and induces managers to perform differently and to accomplish different things. Examines how the resulting change in the nature of work must be managed through proper organizational and educational transitions. PrereqUisites: mG 6613, mG 6627. mG 63 entrePreneurShiP and neW BuSineSS ventureS Focuses on the initiation and development of the first stages of a new business. Students are required to search out business opportunities and develop a business plan. Examines the particular problems of new business start-ups, emphasizing financing arrangements. PrereqUisites: mG 6613, Fn 6411. mG 63 career manaGement Prepares students to meet the requirements of today’s economy, where leadership demands a combination of personal capabilities and insights, as well as in-depth knowledge of organizational change processes and practices. Through readings, cases, class discussions, self-assessment exercises, and leader-directed learning projects, participants gain important insights into their own management style and develop essential knowledge and skills for successful implementation of major change initiatives. PrereqUisite: mG 6613. Helps students plan and control their personal and career development by surveying theoretical concepts and research findings. Through discussions, case analyses, and interpretation of diagnostic tests, students acquire the personal insights necessary to complete a self-assessment and career/ life plan. PrereqUisite: mG 6613. mG 640 corPorate PoWer and the PuBlic Bridges the gap between awareness of social issues and action by examining the interplay of public responsibility, personal integrity, and competitive pressure in the context of the free enterprise system. also oFFered as cm 7561. Graduate School of BuSineSS adminiStration 3 manaGement SyStemS mG 64 motivation and manaGement mG 65 StrateGic manaGement of innovationS and technoloGy Concentrates on prominent theories of motivation, as well as implementation skills needed to deal with issues such as evaluation and feedback, compensation and incentives, and cultural and group influences. Emphasizes intrinsic Motivation Theory, referring to the innate desire to be effective at one’s job. Uses day-to-day exchanges with employees, including those apparently suffering from a lack of motivation. Reviews current research linking managerial styles and group productivity. mG 660 BuSineSS Policy (MBA REQUIRED COURSE) Investigates the theoretical and practical issues of managing innovations and technology to achieve competitive advantage. Case studies provide an understanding of how technologically-dependent organizations succeed. PrereqUisites: mG 6627, Fn 6411, mk 6710. e-BUsiness coUrse. mG 6 SyStem dynamicS (iB) Focuses on defining an organization’s mission, establishing its objectives, developing strategies for achieving those objectives, and assuring implementation and continual updating of long-term plans. As the capstone of the MBA program, this course integrates the knowledge and skills developed in the core courses. PrereqUisites: comPletion oF all core mBa coUrses. mG 60 manaGement of human reSourceS Introduces the group model-building process that world-class firms use to improve their institutional learning and performance. Role-playing games and live case studies challenge participants’ strategic thinking about global transformations. Course participants build very user-friendly graphical computer models of International Business (IB) strategic situations to generate new insight about transnational strategy design and implementation. international BUsiness coUrse. mG 6 StrateGic manaGement of GloBal SuPPly chainS Studies the personnel function in private and public organizations from the viewpoint of the manager. Topics include recruiting, employment, wage and salary administration, management development, performance appraisal, job evaluation and design, career development, employee turnover, manpower planning, training, and affirmative action. PrereqUisite: mG 6613. mG 61 GloBal induStry analySiS and StrateGic PlanninG Discusses techniques for analyzing the long-term attractiveness of different industries and develops a framework to understand the nature of competition and the relative competitive position of firms within industries. Emphasizes global factors that affect industry attractiveness and competitive positioning. In particular, highlights the impact of differences in and the competitive advantages of nations and trade, as well as the development of global standards for the long-term profit potential of industries. While this course emphasizes the industry level, it also includes competitive factors of firms within industries to introduce a framework for strategic planning at the firm level. PrereqUisites: mG 6627, Fn 6411, mk 6710. international BUsiness coUrse. mG 63 StrateGy imPlementation Increased globalization, the growth of the Internet, and the potential for e-commerce have changed the way firms compete. Innovations in the management of supply chains have given rise to new business models and new sources for value creation in a firm. Collaborative information technology-enabled commerce (“e-commerce”) is likely to change conventional thinking regarding supply chains. Supply chain management (SCM) represents a philosophy of doing business that stresses processes and integration. It is a system approach to managing the entire flow of information, materials, and services from raw materials suppliers through factories, warehouses, and distribution channels to the end-customer. Managers must understand how to optimize the value-creating potential of supply chains by understanding how they work, the impact of new technologies, and their design/redesign. This course prepares students for these tasks and covers operational coordination within a firm; inter-function, inter-firm, and international coordination; the role of new information technologies; and the role of supply chain intermediaries. This is a team-taught course featuring lectures, cases, and simulations. mG 6 SPecial toPicS in SyStemS manaGement Addresses how managers turn strategy into reality. Increasing evidence suggests that the best companies in globally competitive industries excel through superior implementation of strategy more often than through possession of a superior strategy. Key issues addressed include the acquisition, allocation, and use of resources; organizing for performance; selecting and motivating individuals; and controlling strategy implementation. PrereqUisite: mG 6627. international BUsiness coUrse. Offered from time to time, this course permits faculty and students to explore a management systems topic of particular interest. The specific topic and prerequisites are announced at the time the course is offered. mG 610 Seminar in SyStemS manaGement Offered from time to time, this seminar is designed to give advanced students opportunities to conduct integrative research, writing, and discussion on selected issues in managing complex organizations. Under faculty supervision, in-depth studies are conducted by students, either individually or in groups. May be offered for fewer than three credits. PrereqUisites: mG 6613 and tWo manaGement systems electives. 3 fordham univerSity Course Listings System Design Courses Each course carries three (3) credits unless otherwise indicated. dG 610 mathematical methodS for BuSineSS (MBA PROGRAM PREREQUISITE) dG 50 forecaStinG modelS Studies the fundamental methods of mathematics applied in business statistics and operations research. The course concentrates on linear algebra and differential and integral calculus. dG 60 StatiSticS (MBA PROGRAM PREREQUISITE) Introduces and discusses forecasting systems capable of interconnecting separate areas of business. Efficient forecasting systems, based on modern analytical and simulation techniques, can provide necessary insights into the behavior of strategic variables over time. PrereqUisite: dG 6820. dG 60 conflictS and deciSionS Introduces the basic statistical concepts essential for business research and decision-making. These include descriptive statistics, probability distributions, statistical inference, and simple and multiple regression. PrereqUisite: dG 6810. dG 10 modelinG and rePreSentation Discusses how business is increasingly characterized by multiple and conflicting criteria for evaluating performance and choosing actions. The simple pursuit of a single goal no longer provides a viable basis for decision-making. Students are introduced to multiple-criteria-based decisions, conflict dissolution, and judgmental problem-solving, with examples drawn from all areas of business. PrereqUisite: mG 6627. dG  SPecial toPicS in SyStemS deSiGn Reviews descriptive and analytical tools of mathematics that are indispensable for both the formal representation and computer-integrated modeling of complex business systems. Studies principles of modelbuilding, develops basic tools of formal modeling, and examines the use and implementation of models in business decision-making. PrereqUisite: dG 6810. dG 0 StatiStical reaSoninG Offered from time to time, this course permits faculty and students to explore a systems design topic of particular interest. The specific topic and prerequisites are announced at the time the course is offered. dG 0 Seminar in SyStemS deSiGn Explores modern statistical concepts that are essential to describe, analyze, and regulate complex business processes, providing the basis for most business decision-making. Discusses the essentials of statistical reasoning and statistical support systems. PrereqUisite: dG 6820. dG 30 oPtimal deSiGn Offered from time to time, this seminar is designed to give advanced students opportunities to conduct integrative research and discussion on selected issues in systems design. Under faculty supervision, in-depth studies are conducted by students either individually or in groups. Provides the foundations of modern decision-support systems that help optimize the performance of systems or their parts. Studies examples of flexible manufacturing patterns and just-in-time organizational schemes, problems of queues and congestion, project management, and capital budgeting. PrereqUisite: mG 6627. dG 40 eXPlanatory modelS Focuses on preliminary data analysis, model formulation and estimation, and reliability and sensitivity analysis to understand causal links between various elements of a relationship as the prerequisite for effective system design and control. Multivariate regression models and techniques of experimental design provide the basis for exploring these links. Discusses applications to all areas of business. PrereqUisite: dG 6820. anide Jean chairS the annual Women in BuSineSS conference for fordham BuSineSS. Graduate School of BuSineSS adminiStration 3 Marketing area chair: alfred c. holden, aSSociate ProfeSSor The Master of Business Administration in Marketing program consists of 69 credits; prerequisites of up to nine credits in economics and quantitative methods may be required. The Marketing curriculum is designed to provide the necessary foundation for students planning careers in marketing management, product management, or the various fields of promotion. This foundation surveys the following: (1) The current marketing environment and the analytical techniques required to evaluate elements within it, such as consumers, competitors, marketing intermediaries, and marketing resources; (2) Marketing strategy, its formulation, implementation, and evaluation; (3) The variables of the marketing mix (product, distribution channels, pricing, and promotion) necessary to deliver goods and services profitably; (4) The economic, social, political, and technological changes affecting the field. All course offerings emphasize international aspects of marketing. for ProGram PrerequiSiteS and ProGram Summary, See PaGe . MBA in Marketing concentration (five courses, 15 credits) The concentration consists of five courses beyond the core requirement, MK 6710 Marketing Management. MK 7730 Marketing Research is required for all students concentrating in the area. marketinG sPecializations Some suggested specializations and course sequences appear below for students interested in specific career paths. 1. marketing management mk mk mk mk mk 7719 7720 7730 7765 7785 e-marketing consumer Behavior marketing research sales management marketing strategy Marketing Courses Each course carries three (3) credits unless otherwise indicated. mK 610 marKetinG manaGement (MBA REQUIRED COURSE) Introduces the fundamental concepts and processes essential for marketing goods and services in today’s competitive environment. These include researching, segmenting and targeting markets, and developing a marketing mix: the combination of product, pricing, distribution, and promotion strategies needed to sell a product efficiently and successfully. Issues and variables covered include consumer behavior, government regulation, marketing research, product planning, personal selling, and international marketing. PrereqUisite: Be 6220. mK 1 e-marKetinG . Product management mk 7720 consumer Behavior mk 7730 marketing research mk 7790 Product management mk 7792 new Product development Plus one other MK course. 3. advertising management mk mk mk mk mk 7720 7730 7755 7782 7795 consumer Behavior marketing research advertising and media Planning Public relations as a management tool direct marketing Focuses on the “new” marketing, enabled and challenged by rapidly evolving technologies. Explores how marketers can wed the interactive power of technology with proven marketing principles in order to entice customers to “opt in” to the marketing message and offer. The class surveys relevant technologies, controversies, and methods via discussion, case analysis, short research presentations, and a team project. PrereqUisite: mk 6710. e-BUsiness coUrse. mK 0 conSumer Behavior Analyzes current theories and research of buyer behavior from marketing, anthropology, psychology, sociology, and economics, with special attention to applications in managerial decision-making. Uses theories of buyer learning, attitude development, perception, group interaction and decision-making, organizational dynamics, personality, and culture to explain and to predict customer response to market offerings. PrereqUisite: mk 6710. 40 fordham univerSity Course Listings mK 30 marKetinG reSearch mK 60 marKetinG With neWSPaPerS and maGaZineS Demonstrates how marketing research enables the organization to represent the customer in the firm’s decision-making structure. Prepares managers to work with professional marketing researchers and obtain customer input for new products, advertising, pricing, and distribution systems. Topics covered include the use of secondary information sources, preparation and evaluation of surveys, basics of data analysis, the marketing research process, and the selection and evaluation of research vendors. Applications discussed include demand estimation and sales forecasting, product concept testing, customer satisfaction analysis, and overall evaluation of a firm’s marketing strategies. PrereqUisites: mk 6710, dG 6820. reqUired coUrse For marketinG concentration. mK 46 BuSineSS-to-BuSineSS marKetinG Examines how advertisers and agencies can utilize newspapers and magazines as marketing tools in an increasingly competitive media marketplace. Topics include targeting customers, pricing, how newspapers and magazines produce results for advertisers, the ethical and legal questions in print advertising, and the use of print media in international marketing. mK 65 SaleS manaGement Focuses on personal selling and its management in the context of the organization and an overall marketing strategy. Examines the sales process, cost control, evaluation of salesforce performance, and the function of the sales manager. Also studies recruiting, selecting, motivating, and compensating sales personnel. PrereqUisite: mk 6710. mK 5 marKetinG of financial ServiceS Examines marketing as it is applied to organizational buying and selling environments. Such basic marketing issues as market identification and segmentation, pricing, logistics and service, advertising, and sales promotion are examined within the business-to-business buyer environment. Case studies of capital goods, business services, and government and institutional markets provide the basis for instruction. Explores organizational factors affecting professional buyer behavior. PrereqUisite: mk 6710. mK 50 international marKetinG Analyzes marketing systems for selling and distributing financial products and services to consumers and businesses. Emphasizes the adaptation of marketing to customers that have regulatory and fiduciary relationships. Discusses marketing strategies for such financial services firms as commercial banks, savings and loan associations, life and casualty insurance companies, mutual funds, pension fund managers, and investment banks. PrereqUisite: mk 6710. Focuses on management practices required to coordinate marketing on a global scale. Emphasizes the processes of adapting to a diversity of foreign marketing environments, planning and implementing international marketing programs, and developing human resources. The course is designed to provide a comprehensive overview of international marketing and to gain experience in formulating international marketing strategies. PrereqUisite: mk 6710. international BUsiness coUrse. mK  ServiceS marKetinG Examines the unique marketing problems of service businesses, nonprofit organizations, and the service units of manufacturing companies. Topics include positioning services in the marketplace, managing the customer mix, and managing demand. Case studies and presentations by servicemarketing executives illustrate practical applications of essential concepts. PrereqUisite: mk 6710. mK  PuBlic relationS aS a manaGement tool mK 55 advertiSinG and media PlanninG Studies the planning, execution, and measurement of advertising programs. Focuses on the creation of an advertising campaign (typically an actual campaign to solve a real-world problem). In order to achieve this objective, students will learn about advertising strategy, media strategy, and the creation of actual advertising. Other topics covered include setting a budget, evaluation of advertising effectiveness, and media data sources. Outside speakers will present their specialties and points of view as necessary. PrereqUisites: mk 6710; mk 7720 is recommended. Demonstrates the value of pragmatic public relations activities through basic principles, case studies, and guest speakers. Explores how inept communications and resulting public perceptions can create or deepen corporate crises. Stresses planning for and managing crises, selecting outside counsel, and establishing relationships with the media. also oFFered as cm 7531. Graduate School of BuSineSS adminiStration 41 mK 5 marKetinG StrateGy mK 5 direct marKetinG Examines information as the basis for strategy decisions by marketing managers in consumer, commercial, and industrial markets. This course is designed to enable students to acquire skills in data analysis, planning, and making decisions based on these tasks. This is achieved by educating students in the current pragmatic thinking on marketing strategy together with their participation in a computer simulation, “The Game.” PrereqUisite: mk 6710. Surveys the various media and methods of direct marketing. Explores the power of direct marketing to access specific markets with refined advertising messages and to gauge more successfully the effectiveness of those messages. Topics include direct mail, catalogs, telemarketing, electronic media, mailing lists, copywriting, and copy and media testing. PrereqUisite: mk 6710. mK  SPecial toPicS in marKetinG mK 0 Product manaGement Provides an introduction to the theory and methods of product management. Presents the analysis necessary to develop a product strategy and the elements required for a marketing plan. Discusses broader strategy issues, such as new product development, product mix, and product lifecycle. Students are required to create an annual marketing plan for a real product. PrereqUisite: mk 6710. mK  neW Product develoPment These courses are offered from time to time to permit faculty and students to explore a marketing topic of particular interest. The specific topic and prerequisites are announced when the course is offered. PrereqUisite: mk 6710. Provides a sequential methodology for identifying new product opportunities, designing products and services to meet consumer needs, testing and improving products, and managing throughout the product lifecycle. Actual case studies investigate examples of marketing successes and failures. PrereqUisite: mk 6710. marKetinG area chair alfred c. holden With former chair arthur Kover. 4 fordham univerSity Legal and Ethical Studies area chair: marK a. conrad, aSSociate ProfeSSor Although not a concentration, the Legal and Ethical Studies area provides students with courses discussing and analyzing important legal concepts that affect the business environment. Courses explore the requirements of a business contract and the rights and obligations of the parties to a contract and examine the functions of business organizations, such as partnerships, limited liability companies, and corporations, as well as areas of commercial transactions involving sales contracts and negotiable instruments. All students are required to take BL 6310 Business Law I. Accounting students are also required to complete BL 7320 Business Law II as a requirement for taking the CPA examination. Non-accounting students may take this course as an elective. The Legal and Ethical Studies area also offers a number of elective and Special Topics courses covering securities law, international business law, mergers and acquisitions law, business ethics, international business ethics, employment law, and sports law. The New Media and Communications Law course is given jointly with the Communications and Media Management area. Business Law Courses Each course carries three (3) credits unless otherwise indicated. Bl 6310 BuSineSS laW i (MBA REQUIRED COURSE) trade areas; and regulation of the international marketplace, including advertising, employment, and environmental law. Bl 35 neW media and communication laW Introduces the fundamental concepts and legal principles that are applicable to the American legal system, its development, and inherent ethical considerations. Discusses the basis and structure of business contracts; the creation and characteristics of agencies, partnerships, limited liability companies, and corporations; and the rights and liabilities of agents, partners, directors, and shareholders. Students analyze cases, solve problems, engage in contract negotiations, and complete a contract. Bl 30 BuSineSS laW ii Analyzes the legal parameters and constraints on freedom of expression that govern traditional and new communications technologies, focusing on the Internet. Probes the various constitutional, statutory, and regulatory protections accorded the Internet and more traditional media such as print, broadcast, and cable, as well as governmental attempts to regulate certain aspects of them. Topics include modern First Amendment interpretation, libel, defamation, privacy, commercial speech, indecency/ obscenity, antitrust, contracts, intellectual property, and e-commerce. also oFFered as cm 7556. e-BUsiness coUrse. Bl 3 SPecial toPicS in BuSineSS laW Examines the legal aspects of business and focuses on personal property, sales, product liability, secured transactions, insurance, negotiable instruments, banking, and bankruptcy. Also explores the legal aspects of transferring money and property in business and banking. PrereqUisite: Bl 6310. Bl 31 corPorate and SecuritieS laW Covers the application of certain areas of corporate and securities laws to corporate combinations. Specific topics include: rights and duties of shareholders; directors and officers; control sales; insider trading; selected issues in the registration and distribution process; proxy regulation; tender offers; and corporate law considerations in both hostile and friendly transactions. Bl 3 international BuSineSS laW Offered from time to time to permit faculty and students to explore a topic in business law of particular interest. The specific topic and prerequisites are announced when the course is offered. Some examples of Special Topics in Business Law include: Advertising Law, Employment Law, Ethics in Business, International Business Ethics, Sports Law, and White-Collar Crime. Familiarizes students with issues of law relevant to international trade and investment. Beginning with an overview of the international legal system, this course examines ethical issues in international business; the resolution of international disputes; international and U.S. trade law, including Fordham’s Graduate School of Business and its School of Law have established a combined program of graduate study in business administration and law. For specific information of Fordham’s JD/MBA Program, see page 48. Also see Cooperative Program with the Fordham School of Law on page 49. Graduate School of BuSineSS adminiStration 43 Entrepreneurship Studies ProGram director: richard a. colomBo, aSSociate ProfeSSor The hallmark of the entrepreneur is creating or growing a new business despite limited resources. The knowledge and competencies developed in Fordham’s entrepreneurship curriculum are designed to help students in a dynamic marketplace where initiative, creativity, and achieving significant impact with limited resources are critical to success. The Fordham Graduate School of Business offers a wide range of educational and outreach options for students interested in starting their own businesses, in joining entrepreneurial companies, or in managing entrepreneurial ventures within multinational organizations. Bert Twaalfhoven Center for Entrepreneurship Students can enhance their academic experience in entrepreneurship by participating in supervised independent research on a range of entrepreneurial studies. Our intention is to expand the course selection in entrepreneurship over the next few years to include the following: entrepreneurial Financing (obtaining resources) entrepreneurship and new Business ventures (the process and business plans) innovation and the entrepreneurial mindset (exposure to the topic and to real entrepreneurs) managing Growing Businesses (managing growth) marketing for entrepreneurs (bootstrap marketing) new venture Practicum—exploration (work your project—opportunity analysis) new venture Practicum—Plan (work your project—launch planning) new venture Practicum—launch (work your project—launch) selling and negotiating (selling to get resources and doing deals) social entrepreneurship (impacting society through business) Bert tWaalfhoven, founder, center for entrePreneurShiP; Winner of the Beta Gamma SiGma medallion in entrePreneurShiP. oUtreach The Business School provides a range of outreach opportunities for students to obtain “real-world” entrepreneurial experience and provide service to the New York City and international business communities in the area of entrepreneurship. One such area of outreach is the Net Impact Group, which concerns itself with social entrepreneurship. Internships with entrepreneurial companies are also encouraged as valuable learning experiences. 44 fordham univerSity Special Academic Programs, Partnerships, and Centers Accelerated Executive MBA Program francis Petit, Assistant Dean, Program Director The Accelerated Executive Master of Business Administration (AEMBA), Fordham’s executive-style MBA program, is designed for business professionals and managers on the fast track toward challenging managerial and global assignments. The AEMBA provides a time-efficient schedule in which classes convene one weekend per month, allowing professionals to keep their full-time jobs while earning a fully-accredited MBA in just 22 months. Between sessions, students utilize interactive technology to complete assignments and exchange ideas. Most monthly sessions are held from 9:00 am to 5:00 pm, Friday through Sunday in New York at Fordham’s Lincoln Center campus. Sessions are also held at an executive conference center in Westchester. The AEMBA, which is global in scope, focuses on building each student’s “Personal Portfolio” in Management Development that can be implemented immediately in the workplace. This portfolio, coupled with global pedagogy on fundamental areas of business, allows for a unique MBA program that gives students the necessary tools to power their professional performance now and in the future. In addition, the program includes a study trip to China lasting five days as a capstone pedagogical experience. For more information, please contact Assistant Dean Francis Petit at (914) 332-6011 or petit@fordham.edu. core coUrses • Business Policy • contemporary issues in U.s. and international Business law • Financial accounting/Financial statement analysis • Financial environment • is in the transnational Firm • managerial accounting • managerial Global economics • managing the transnational Firm • marketing management and strategy • quantitative methods and decision analysis • transnational management and systems operations concentration coUrses in manaGement systems • managing innovation and change • Personal leadership development • transnational application • research for Final Project • two electives coUrses oUtside concentration • contemporary ethical issues in Business • Financial management of multinational companies • international communication negotiations • international Field study • international trade and development intended aUdience The ideal candidate has at least seven years of professional experience and is interested in obtaining an MBA in Fordham’s weekend executive-style format. Although employer financial sponsorship is not required, students must be permitted by their companies to meet all residential requirements. to aPPly Applications for admission beginning in August 2006 will be reviewed on a rolling basis starting December 1, 2005, with a June 1, 2006 deadline. Application forms are available online at www.fordham.edu/business, under the Accelerated Executive MBA Program link. To request an application by phone, please call (914) 332-6011. An application will not be reviewed until it is deemed complete. Decisions will be made within four to six weeks of receipt of a completed application. The following are required for a completed application: • The application form • $100 application fee • Two letters of recommendation • One personal statement (see the application form) • All undergraduate/graduate transcripts • GMAT • TOEFL if the applicant’s undergraduate program was conducted in a language other than English • Resumé Please submit completed applications to Fordham University, GBA Admissions, 4th Floor, 33 West 60th Street, New York, NY 10023. Graduate School of BuSineSS adminiStration 45 SPecial academic ProGramS, PartnerShiPS, and centerS Beijing International MBA This is the first foreign MBA degree in Beijing to be approved by the Chinese government. Former United States Secretary of Commerce William Daly presided at the inauguration of the program in June 1998. Fordham is the degree-granting institution in a consortium of 26 American Jesuit business schools that provide the program’s faculty. Fordham’s partner in this endeavor is the China Center for Economic Research (CCER) at Peking University, one of the most prestigious institutions in China. The goal of the Beijing International MBA (BiMBA) is to provide worldclass graduate business education to exceptional students in China as well as to a small group of foreign students. The educations of entering Chinese students, both full- and part-time, are comparable to those of students at top U.S. business schools. All courses in the BiMBA program are taught in English, which makes it possible for students of participating consortium schools such as Fordham to attend a semester in Beijing for credit toward their MBAs. Graduates of the BiMBA Program typically attend diploma ceremonies in New York City. For more information about the BiMBA Program, go online to www.bimba.org. For more information, contact Associate Dean John Zhuang Yang, Director of the BiMBA Program, in Beijing at (011-8610) 6275-4802 or jzyang@bimba.edu.cn. In New York, contact Candice Height, BiMBA Registration Coordinator, at (212) 636-6758 or via e-mail at height@fordham.edu. The Faculty Coordinator of BiMBA is Professor Patricia Ramsey. Finally, for more information about the consortium of Jesuit business schools participating in the BiMBA program, go online to www.jebnet.org. Fordham’s Business School had a very close relationship with Dr. Deming. Before his death, he served as senior advisor to this program, which was named in his honor. The program is now guided by its Director, Dr. Joyce Orsini. Deming Scholars learn in a group, alternating eight-week sessions of classroom lectures, research, and study, with a seven-week practicum at participating companies (see chart, top of page 47). In this rigorous program, specially conceived instructional modules integrate Deming’s theory of management with core business knowledge to give students breadth and depth in viewing the organization as a system. This program culminates in an MBA in Management Systems with an International Business designation. It requires a prescribed course of study that includes: • • • • • • • • • • • • • • • • • • • • • • anatomy of decisions – theory of knowledge Business law Business Policy cross-cultural communication and negotiation design of experiments design of statistical studies Fundamentals of accounting information systems international Business leadership and change managerial economics marketing management mathematical methods for Business operations management Process control Psychology of learning statistical reasoning studies in quality management system dynamics team dynamics the Financial environment seminars and special topics in systems management and systems design, Finance, communications, and marketing The Deming Scholars MBA Program (Maximum of 15 students admitted each fall) The Deming Scholars MBA Program is an 18-month, full-time honors curriculum that integrates Fordham’s MBA business courses with the theories of Dr. W. Edwards Deming (1900-1993) and practical business experience. This program provides a unique opportunity for a small group of highly motivated students to examine theories that have led to a global revolution in management thinking and explore how to bring this knowledge into any enterprise. In addition to coursework, Deming Scholars: • Put theory into practice through four seven-week practica in companies • Moderate and facilitate professional workshops • Participate in a Deming-based management seminar • Present their own research at an international research conference • Attend professional conferences and workshops For more information, contact: Dr. Joyce Orsini, Director (212) 636-6219 orsini@fordham.edu www.deming.edu/dsp/dspmain.html 46 fordham univerSity deminG ScholarS cycleS of learninG Practicum Practicum Practicum Practicum cycle 1 cycle  cycle 3 cycle 4 cycle 5 acceSS to the future Global Professional MBA (GPMBA) dawn lerman, Program Director, Assistant Professor The Global Professional Master of Business Administration (GPMBA) is designed for individuals planning careers in international business. This program responds to the growing demand for professionals who understand the mechanics of international business as well as the unwritten rules of cross-cultural communication and management. GPMBA is a dual core program in which students can expand on the regular MBA program. In addition to the traditional prerequisites and core courses, the program offers students a comprehensive international core plus experiential bridge courses and a concentration in their chosen functional area. international core coUrses The GPMBA International Core consists of courses covering subjects such as: • • • • • • cross-cultural communication and negotiation international accounting international economics international Finance international management international marketing BUsiness sPecializations The Business Specializations available to GPMBA students include the following: • • • • • • • • accounting communications and media management economics Finance law and ethics information systems management systems marketing advanced-level coUrses Advanced-level courses in the GPMBA Program cover a wide spectrum of global business issues. Some courses offered in the past two years include: • • • • • • • • • • • contemporary issues in Global Finance Financial management of multinational companies Global Finance international corporate taxation international trade and development international treasury management management strategies in emerging markets multinational investment analysis targeting latin american markets targeting the eU market transition of emerging economies exPeriential BridGe coUrses The GPMBA Experiential Bridge courses include the following options: • • • • • • • transnational mindset overseas exchange Program international study tour internship at an international company overseas or in the U.s. international Field study (team consulting) in-company international Field Project (if employed full-time) Plus the opportunity to interact with our Beijing international mBa Program (BimBa) For more information about the GPMBA Program, contact: Dr. Dawn Lerman, Director (212) 636-7358 lerman@fordham.edu Graduate School of BuSineSS adminiStration 4 SPecial academic ProGramS, PartnerShiPS, and centerS GloBaliZation adviSory Board The Globalization Programs of the Graduate School of Business are guided by a Board of Advisors consisting of distinguished business executives, including: Sharon P Smith . Dean, Fordham Schools of Business ilhan akbil Associate Dean, Corporate Outreach and International Programs Fordham Graduate School of Business William r. chess Chair of Globalization Subcommittee Chief Operating Officer & Chief Executive Officer, Ogilvy Public Relations Worldwide edwin a. cohen Chairman & President Intranasal Technology, Inc. robert S. roussey, Phd Professor of Accounting University of Southern California Steve ryan Commisioner, Major Indoor Soccer League emily l. Smith Former Managing Director Scudder Investments John n. tognino Chairman of the Board of Trustees, Fordham University Chairman & Chief Executive Officer, Pepper Holdings Corporation mario P torsiello . President & Chief Executive Officer Torsiello Capital Partners, LLC Bert W.m. twaalfhoven President, Indivers B.V. Joint JD/MBA Program The Graduate School of Business Administration and the School of Law at Fordham University have established a combined program of graduate study in law and business administration. Both full- and part-time students may participate. The JD/MBA Program enables a full-time student to complete both degrees in as little as three-and-a-half calendar years rather than the five necessary if each degree were pursued separately. A part-time student can earn both degrees in as little as six-and-a-half years rather than the seven-and-a-half it would take were each degree pursued separately. Students must apply and be admitted to each school. Such admissions need not occur simultaneously. Matriculated students in the JD and MBA programs may be accepted into the joint JD/MBA Program any time prior to their final year; however, depending on the courses already taken in their first program, they may not receive the full credit reduction that is the essence of the joint JD/MBA Program. Generally students in the joint JD/MBA Program alternate their studies annually between the two schools. As they conclude their studies for the two degrees, they may take classes in both schools concurrently, subject to the law school’s limitation on total classroom hours of 16 hours for a full-time student and 12 hours for a part-time student. The Graduate School of Business allows 12 credits taken at the law school to apply to the normal 69-credit MBA. The School of Law allows 13 credits (the equivalent of seven graduate business school courses) toward its 83-credit degree for graduate business courses in taxation, finance, and accounting that do not duplicate law school courses. However, only Graduate School of Business courses taken after the first year of study at the law school may apply toward the law school program. The Graduate School of Business charges tuition for courses on a per-credit basis. The School of Law charges tuition on a semester basis. A full- or part-time student in residence at the law school, who is also taking one or more courses at the business school, must pay the law school semester tuition in addition to the business school per-credit rate. Application forms and additional information about this program can be obtained from the Admissions Office at the Business School. Contact: Fordham Graduate Business School 33 West 60th Street, 4th Floor New York, NY 10023 (212) 636-6200 4 fordham univerSity Cooperative Program with the Fordham School of Law Fordham’s Business School has established a cooperative program with the School of Law that enables business students to take certain law courses for credit toward the MBA degree. A list of these approved law school courses is available through the program coordinators, noted below. Tuition for these law school classes will be charged at the law school rate. Students who are pursuing the JD/MBA degree are not eligible for the Cooperative Program. Students who are interested in the Cooperative Program should contact the Business School’s Office of Program Management at (212) 636-7202. The Program Coordinator at the law school is Professor David Schmudde who can be reached at (212) 636-6846. BS/MBA Program Fordham University’s BS/MBA dual-degree program enables students of superior ability, maturity, and focus to earn both an undergraduate and a graduate degree at an accelerated pace, concentrating in various fields of business administration or public accounting. Dual-degree students earn an undergraduate degree after 120 credits and a master’s with only 30 additional credits. Many students can achieve this in five years, while focusing studies in one area or by gaining expertise in two different business disciplines. The BS/MBA dual-degree constitutes a special kind of honors program. Applicants may express an interest directly from high school but must apply for admission no later than junior year in Fordham’s College of Business Administration located at the Rose Hill campus in the Bronx. Students must maintain a superior grade point average and undertake an internship for credit while studying for the bachelor’s degree. Students receive their baccalaureate degree with the rest of their entering class, but must apply for graduate status at GBA while undergraduates. Many students with strong academic backgrounds complete the requisite number of credits early, by taking classes during June and July of their third and fourth years. Those accepted into the graduate program during their fourth year at Fordham can complete both degrees in five years. In some cases, the GBA Office of Admissions might decide that additional professional seasoning will enrich the graduate experience and recommend deferred admission. Similarly, students may choose to postpone their entry into graduate classes. But even if a delay lasts as long as two years, students still can complete their MBAs with only 30 additional credits. Students have six years from entry into the graduate program to complete the MBA degree and may choose to study part-time under their employers’ sponsorships. BS/MS Program The BS/MS Program is designed for those students seeking to obtain their BS and MS degrees on an accelerated basis. The program enables students to obtain a BS and MS degree within five years. Students who have an excellent SAT score and GPA, have been actively involved with honor societies and volunteer groups, and possess work experience are encouraged to apply. The BS/MS Program allows those students seeking to qualify for the CPA exam to obtain the 150-hours required by New York State for licensure. GloBal adviSory Board memBerS Bill cheSS of oGilvie Pr and aSSociate dean ilhan aKBil With admiSSionS director franK fletcher and dean Sharon P Smith. . Graduate School of BuSineSS adminiStration 4 SPecial academic ProGramS, PartnerShiPS, and centerS The International Business and Finance Certificate for International Political Economy and Development (IPED/MA) The Graduate School of Business offers an Advanced Certificate in International Business and Finance for IPED/MA students. To earn the Certificate, an IPED candidate must complete all requirements for the IPED/MA as well as five courses (at least two of these must be finance courses) from the following list. Students must maintain a cumulative GPA of 3.0 at the Graduate School of Business to receive the certificate. Students may select five courses from the following list: international accounting coping with Global corporate crisis Principles of modern Finance multinational investment analysis (prerequisite FN 7421) Financial management of multinational companies (prerequisite FN 7421) Fn 7455 Global Finance Fn 7458 contemporary issues in Global Finance mG 7635 international dimensions of Business A course designated as an International Business course not appearing in the list above may also be taken for the certificate with prior approval by the Assistant Dean of Program Management at the Graduate School of Business. IPED students must have academic courses in accounting and finance before pursuing advanced-level courses at the Graduate School of Business. All other prerequisites, other than those stated above for FN 7443 Multinational Investment Analysis and FN 7451 Financial Management of Multinational Companies, are deemed satisfied by the core curriculum of the IPED program. The following criteria are used to determine whether an IPED/MA student may register for courses at the Graduate School of Business: The student will have completed 12 or more credits in the IPED/MA Program, including courses in demography, economics, political science, and statistics. The student must have a GPA of 3.0 or better in these courses. Students who have not successfully completed courses in finance and/or accounting in their undergraduate or graduate courses must complete AC 6111 Fundamentals of Accounting and FN 6411 The Financial Environment before pursuing the certificate. They must receive a grade of B or better in each of these courses prior to registering for advanced level courses at the Graduate School of Business. These required prerequisite courses may be taken simultaneously. ac 7136 cm 7537 Fn 7421 Fn 7443 Fn 7451 Thunderbird Partnership dual degree Program The Fordham Graduate School of Business and the American Graduate School of International Management (“Thunderbird”) in Glendale, Arizona, have forged a partnership to offer a dual degree program, the MBA and the MIM (Master in International Management). The dual-degree program requires a minimum of 75 credit hours, with 45 at Fordham and 30 at Thunderbird. Attending full-time, students can complete all the requirements for both degrees in as little as 21 months. Participation in the dual degree program requires admission to and advance approval by both schools. Also, participating students can enroll in courses at either campus as well as take part in overseas programs and international projects sponsored by Thunderbird. Post mBa The Post MBA enables MBA graduates to further internationalize their knowledge of business practices and business environments. Because the MBA graduate (or the holder of a similar graduate degree) has a solid foundation in graduate business education, the Post MBA program at Thunderbird (which must be started no later than five years after graduation from Fordham) is designed to build upon that knowledge. A minimum of 30 credit hours is required. Students who are able to waive Level I language may be able to complete the program more quickly. overseas Programs Thunderbird also has an overseas program, in which Fordham students may participate. Students enhance their knowledge and experience in the global business environment through participation in special study programs located around the globe. For further details, please contact Associate Dean Ilhan Akbil at (212) 636-6170 or Associate Dean Lauren Mounty at (212) 636-6105. Field Study Consulting Program The Field Study Consulting Program of the Graduate School of Business is designed to integrate the skills acquired in the MBA program into a real-world business setting. Students, working in consulting teams of three to six, analyze real business problems and recommend appropriate actions for client organizations. The program enables students to develop hands-on experience in the competitive field of consulting and increase their opportunities for employment upon completion of the MBA degree. Working with such clients as Bristol-Myers Squibb, GE Capital Services, and Standard & Poor’s, students have analyzed the impact of monitoring the innovation process at a pharmaceutical company that was developing promotions for a line of products; pilot-tested and improved the process for converting suppliers into customers for financial services; and overseen the launch of a new product that evaluates airport facilities. 50 fordham univerSity The Frank J. Petrilli Center for Research in International Finance This course can serve as a Breadth or Free Elective and under certain circumstances may be used as a course toward one’s concentration. The Field Study Consulting Program is directed by Professor Allen Schiff, who can be reached at (212) 636-6177 or at schiff@fordham.edu. fS 10 field Study conSultinG ProGram (THREE CREDITS) The Frank J. Petrilli Center for Research in International Finance supports scholarly research in the field of international finance, fosters interaction between the academic and business/finance communities, and adds recognition to the research being done at Fordham University Schools of Business. The Center promotes interdisciplinary collaborations among scholars, in and outside Fordham. With a general focus on international finance, the Center supports a wide variety of research topics, including the behavior of international financial markets, the microstructure of these markets, the institutions surrounding international financial markets, the historical development of these markets, and the process of international financial integration and the globalization of markets. The Center sponsors working papers, holds regular research workshops, sponsors a visiting scholar program, and hosts conferences on topics of interest to the research community. The Director of the Center is James R. Lothian, Distinguished Professor of Finance and Editor of the Journal of International Money and Finance, who can be reached at (212) 636-6147 or at CRIF@fordham.edu. Working in consulting teams, three to six students analyze real business problems and recommend appropriate action for client companies. Under the guidance of a faculty advisor, each team prepares a project statement that defines the problem, specifies the research methodology, and develops a final report that is the basis of oral and written presentations made to the client. Projects are offered each trimester. Prerequisites: Students must be mid-way through their MBA program prior to course enrollment and must have the Field Study Program Director’s approval. Center for Communications The importance of media and communication in business and society has become so significant that Fordham’s Center for Communications was formed to enable MBA students to study the media industries and various issues associated with them. Because the School is located in the heart of Manhattan, the world’s communications capital, a continuous flow of executives, managers, and other experts from multinational media firms, broadcast networks, publishing concerns, new media ventures, and others participate in special sessions and courses at Fordham. Among the high-profile events the Center has produced in recent years was “35 Years of 60 Minutes,” celebrating the news magazine’s anniversary and featuring world-famous correspondents. The Director of the Center is Everette E. Dennis, Area Chair of Communications and Media Management, who can be reached at (212) 636-6144 or at dennis@fordham.edu. Trans-Atlantic Finance Institute The Trans-Atlantic Finance Institute (TAFI) was established to promote and stimulate academic research in international finance and encourage interaction between the scholarly communities in Europe and the United States. Jointly founded in 2003 by Fordham University School of Business and RSM Erasmus University in The Netherlands, its aim is to provide a platform for leading researchers from both sides of the Atlantic in order to study, discuss, and cooperate on topics in the field of international finance. TAFI supports research on a wide variety of issues, including the behavior of exchange rates, the market microstructure of international financial markets, international risk and portfolio management, and international financial integration. TAFI hosts an ongoing series of conferences on specific research themes in international finance and routinely cooperates with The Frank J. Petrilli Center for Research in International Finance (CRIF) at Fordham University and the Journal of International Money and Finance, the number one specialized journal in the areas of international monetary economics and international finance. Directors of the Institute are Kees G. Koedijk, Professor of Financial Management and Mathijs A. van Dijk, Associate Professor of Finance both at RSM Erasmus University, and James R. Lothian, Distinguished Professor of Finance at Fordham Business School who can be reached at (212) 636-6147 or CRIF@fordham.edu. The Donald McGannon Communication Research Center The Donald McGannon Communication Research Center was founded in 1986 to study and report on issues of communication policy and ethics. It provides research on telecommunications policy to decisionmakers in business, government, and not-for-profit organizations. The Center sponsors annual symposia, lectures and awards. A $100,000 Grant from the Ford Foundation as well as other recently awarded grants, including one from the Emma L. Bowen Foundation, will fund new research programs. The Director is Philip Napoli, who can be reached at (212) 636-6196 or pnapoli@fordham.edu. Graduate School of BuSineSS adminiStration 51 Certificate Programs Certificate Programs provide advanced study in business and are designed for individuals with an MBA or comparable graduate degree who, for professional or personal reasons, wish to pursue post-graduate study in specific graduate business coursework. Certificates are offered in the areas of Accounting and Taxation, Communications and Media Management, Finance and Business Economics, Information Systems, International Business, Management Systems, and Marketing. The Fordham University Certificate Program is approved by and registered with the New York State Department of Education. The certificate requirements are outlined in a Certificate Program of Study designed to meet each student’s needs. A minimum of five advanced courses in a chosen specialty is required to complete a certificate. Additional prerequisite courses may be required depending on the student’s previous academic background. To be awarded a certificate, students must earn a grade of B or better in all courses with a final minimum grade point index of 3.0 required. Students who do not meet the minimum grade requirements may be withdrawn from the program. The certificate must be completed within three years. Certificates are awarded in September, February, and May. The following options are illustrations of possible combinations for Certificate Programs. Other combinations are possible, provided the student receives approval from the area chair. Accounting and Taxation 1. certificate in accounting There are two options to this module: option #1 ac 7125 Financial statement analysis ac 7130 advanced external information and reporting ac 7140 contemporary issues in Financial reporting ac 7150 accounting information for management ac 7199 special topics in accounting option # ac 7120 external Financial information and reporting ac 7130 advanced external information and reporting ac 7150 accounting information for management ac 7184 individual and Business entity taxation tx 7001 corporate taxation . certificate in accounting and taxation This module consists of any five courses selected from the areas or courses listed below: Advanced-level courses from the Accounting area. Advanced-level courses from the Taxation area. Bl 6310 Business law i Bl 7320 Business law ii 3. certificate in taxation The Certificate Program in Taxation is designed to provide advanced study in the field of taxation. Unlike other certificate programs, an alternative set of eligibility requirements has been established. In addition to those who possess an MBA or comparable degree, the alternative eligibility requirements are: • Possession of an undergraduate degree with a major in accounting; • cPa certificate, or evidence of having passed at least two parts of the Uniform cPa examination; and • evidence of meaningful employment (at least one year full-time) in a position related to taxation. The program grants a Certificate in Taxation to individuals who complete five courses in taxation in one of the following five options. The options are designed to offer continuity by grouping courses into an integrated framework. Students wishing to expand the number of courses taken should consider applying for and matriculating in our MS in Taxation degree. option #1 tax Practice ac 7184 individual and Business entity taxation tx 7001 corporate taxation tx 7010 Federal research and Procedure tx 7012 tax Practice from the irs Perspective tx 7025 tax Planning for high net-Worth individuals tx 7050 state and local taxes tx 7056 taxation of executive compensation, employee Benefits, and retirement Plans tx 7058 effective tax compliance systems 5 fordham univerSity Finance and Business Economics option # individuals ac 7184 individual and Business entity taxation tx 7010 Federal research and Procedure tx 7015 Partnerships tx 7020 estate and Gift taxes tx 7025 tax Planning for high net-Worth individuals tx 7060 enhancing real estate investment returns through tax Planning tx 7056 taxation of executive compensation, employee Benefits, and retirement Plans tx 7078 Preserving Wealth with estate Planning option #3 corporations tx 7001 corporate taxation tx 7030 corporate tax Planning strategies tx 7045 international corporate taxation tx 7048 taxation of specialized industries tx 7050 state and local taxes tx 7056 taxation of executive compensation, employee Benefits, and retirement Plans tx 7070 consolidated Federal income tax returns tx 7076 tax accounting option #4 international ac 7184 individual and Business entity taxation tx 7001 corporate taxation tx 7045 international corporate taxation tx 7080 taxation of U.s. and Foreign expatriates tx 7085 Foreign taxation option #5 tax theory ac 7184 individual and Business entity taxation tx 7005 creating and changing the tax rules tx 7065 current Problems in taxation tx 7085 Foreign taxation tx 7087 landmark cases of taxation 5. certificate in commercial Banking Fn 7415 credit management Fn 7441 money, credit, and interest rates Fn 7442 commercial Banking Fn 7455 Global Finance Plus one other advanced-level FN course or two mini-courses. 6. certificate in corporate treasury Fn 7421 Principles of modern Finance Fn 7422 corporate Finance Fn 7423 mergers, acquisitions, and leveraged Buyouts Fn 7451 Financial management of multinational companies Plus one other advanced-level FN course or two mini-courses. . certificate in General finance Any five advanced-level FN courses. . certificate in international finance Fn 7443 multinational investment analysis Fn 7451 Financial management of multinational companies Fn 7455 Global Finance Fn 7458 contemporary issues in Global Finance Plus one other advanced-level FN course or two mini-courses. . certificate in Securities and Portfolio management— Portfolio management focus Fn 7421 Principles of modern Finance Fn 7430 investment analysis Fn 7435 Pension management Fn 7460 Portfolio management Plus one other advanced-level FN course or two mini-courses. 10. certificate in Securities and Portfolio management— Securities focus Fn 7415 credit management Fn 7421 Principles of modern Finance Fn 7430 investment analysis Fn 7431 options and Futures markets Fn 7443 multinational investment analysis Communications and Media Management 4. certificate in communications and media management cm 7500 mass media in america Plus four advanced-level courses from the Communications and Media Management area. Information Systems 11. certificate in information Systems ic 7910 information systems strategy and management Plus four advanced-level courses. Graduate School of BuSineSS adminiStration 53 International Business 1. certificate in international Business Any five advanced-level courses designated as International Business. 13. certificate in international Business and finance The Graduate School of Business offers an Advanced Certificate in International Business and Finance for IPED/MA students who are interested in international business and finance. To earn the Certificate, the IPED candidate must complete all requirements for the IPED/MA as well as five courses (at least two of these must be finance courses) from the following list. Students must maintain a cumulative GPA of 3.0 at the Graduate School of Business to receive the certificate. Students may select five courses from the following list: ac 7136 cm 7537 Fn 7421 Fn 7443 Fn 7451 Fn 7455 Fn 7458 mG 7635 international accounting coping with Global corporate crisis Principles of modern Finance multinational investment analysis (prerequisite FN 7421) Financial management of multinational companies (prerequisite FN 7421) Global Finance contemporary issues in Global Finance international dimensions of Business Management Systems 14. certificate in quality and Systems design dG 7820 statistical reasoning mG 7605 Process control mG 7830 optimal design Plus two other advanced-level MG or DG courses. 15. certificate in quality and Systems management mG 7605 Process control mG 7610 leadership and change mG 7621 studies in quality management Plus two other advanced-level MG or DG courses. 16. Strategic management mG 7671 Global industry analysis and strategic Planning mG 7673 strategy implementation mG 7675 strategic management of innovations and technology Plus two other advanced-level MG or DG courses. Marketing 1. mk mk mk mk mk certificate in advertising management 7720 consumer Behavior 7730 marketing research 7755 advertising and media Planning 7782 Public relations as a management tool 7795 direct marketing 1. certificate in marketing management mk 7720 consumer Behavior mk 7730 marketing research mk 7746 Business-to-Business marketing mk 7765 sales management Plus one other advanced-level MK course. 1. certificate in marketing management mk 7720 consumer Behavior mk 7730 marketing research mk 7755 advertising and media Planning mk 7790 Product management or mk 7792 new Product development Plus one other advanced-level MK course. iriSh amBaSSador to the united nationS, the honoraBle noel fahey, luncheS With fordham PreSident JoSePh m. mcShane and John n.toGnino, chairman of the Board of directorS. 54 fordham univerSity Full-Time Faculty Paul P Baard (10) . Clinical Associate Professor of Communications and Media Management and Management Systems BA, MS, PhD, Fordham University. Vice President of Marketing and Member of Management Group, A.C. Nielsen Co., 1969-90. Consulting: Morgan Stanley; Dun & Bradstreet, Pepsico; New York Mets Baseball Club; Blair Television; U.S. Merchant Marine Academy. christopher r. Blake (11) Professor of Finance BA, William Paterson College; MBA, MPhil, PhD, New York University. Manuscript Editor, The Journal of Finance, 1985-88; Manager, Time-Life Books, 1977-78. Consulting: Orange & Rockland Utilities, Inc.; The Government of Saudi Arabia; John Wiley & Sons, Inc.; Capital Management Associates, Inc.; The Nassau Group, Inc.; The Society of Actuaries. Paul m. Bochner (1) Clinical Assistant Professor of Accounting and Taxation BA, Yeshiva University; MBA, New York University; JD, St. John’s University School of Law; LLM, New York University School of Law. Attorney-at-Law, present; Counsel, Davidoff & Malito LLP, 1997-98; Counsel, Townley & Updike, 1985-96. victor m. Borun (10) * Associate Professor of Finance and Area Chair of Finance and Business Economics MS, the Main School of Planning and Statistics, Warsaw (Poland); MPhil, PhD, New York University. Consulting: Chase Manhattan Bank, Treasury Department, Securities and Exchange Commission, Poland. John t. carey (004) Professor of Communications and Media Management BA, Fordham College; MA, PhD, Annenberg School for Communications (University of Pennsylvania). Managing Director, Greystone Communications, 1981-present; Adjunct Professor, Columbia University, 1997-01; Visiting Professor, Theseus Institute, Sophia, (France), 1990; Adjunct Professor, New York University, 1981-85; Assistant Professor, New York University, 1979-81; Director of Research, Alternate Media Center, New York University, 1976-81; Instructor, University of Pennsylvania, 1975-76. michael chattalas (005) Assistant Professor of Marketing BS, University of Maryland; MS, Troy State University; MPhil, PhD, Baruch (CUNY). Sris chatterjee (1) Associate Professor of Finance BTech, Indian Institute of Technology (Kharagpur); MBA, Indian Institute of Management (Calcutta); MPhil, PhD, Columbia University. Consulting: Prudential; Indian Institute of Management, Bangalore; Chase Training Program. Sean X. chen (003) Associate Professor of Management Systems BE, BS, Tsinghua University; AM, PhD, Harvard University. myojung cho (005) Assistant Professor of Accounting BS, Ewha Women’s University (Seoul); MBA, University of Illinois; PhD, University of Maryland. richard a. colombo (16) Associate Professor of Marketing MA, Cambridge University (England); MBA, PhD, Columbia University. Associate Professor, New York University, 1986-95; Associate Professor, Columbia University, 1991-92; Lecturer, Yale University, 1993. Katherine a. combellick (16) Clinical Assistant Professor of Communications and Media Management and Director of Undergraduate Business Communications BA, University of Iowa; MA, PhD, SUNY (Binghamton). Director of tolerance and race relations workshops, negotiations, and cultural diversity training. mark a. conrad (1) Associate Professor of Business Law and Area Chair of Legal and Ethical Studies BA, City College of New York; JD, New York Law School; MS, Columbia University. Publisher, Mark’s Sportslaw News. Consultant: Sports Lawyers Association. Kenneth r. davis (1) Associate Professor of Business Law BA, SUNY (Binghamton); MA, University of California (Long Beach); JD, University of Toledo. Attorney, Parker Chapin Flattau & Klimpl, 1979-91; Senior Law Assistant to Judge Sol Wachtler, New York Court of Appeals, 1978-79. everette e. dennis (1) Distinguished Felix E. Larkin Professor, Director of the Center for Communications, and Area Chair of Communications and Media Management BS, University of Oregon; MA, Syracuse University; PhD, University of Minnesota. President, American Academy in Berlin, 1996-present; Founding Executive Director (CEO and Senior Vice President), Media Studies Center, Columbia University, 1984-96; Dean, Professor, School of Journalism and Communication, University of Oregon, 1981-84; Professor, Associate Professor, Assistant Professor, Lecturer, Director, School of Journalism and Mass Communication, University of Minnesota, 1972-81; Assistant Professor, Acting Department Head, Kansas State University; Visiting Professor, Northwestern University 1968-72. Graduate School of BuSineSS adminiStration 55 full-time faculty DI/KU Janet dilorenzo (11) Clinical Assistant Professor of Marketing and Director of CBA Internships BS, Long Island University; MBA, Hofstra University; MEd, EdD, Columbia University. Sales and Marketing Manager, Scofield Systems Corp., 1982-84; Sales Representative, Mobil Oil Corp., 1981-82. Consulting: The Charles St. John Group; Barber Performance Products. William G. egelhoff (1) Professor of Management Systems BA, University of Texas (Austin); MBA, PhD, Columbia University. Visiting Research Professor, Center for Science & Technology Policy, Rensselaer Polytechnic Institute, 1987-89; Assistant Professor, New York University, 1978-87; Director/Financial Planning, National Distillers & Chemicals Corp. (Textile Division), 1970-74; various planning positions, Exxon Corp., 1967-70. hooman estelami (16) Associate Professor of Marketing BS, Coe College; MBA, McGill University (Montreal); MPhil, PhD, Columbia University. Senior Marketing Analyst, Xerox Canada, Ltd., 1990-92. John d. finnerty (1) Professor of Finance BA, Williams College; BA, MA, Cambridge University (England); PhD, Naval Postgraduate School. Partner, PricewaterhouseCoopers LLP, 1997-present; Director, Houlihan Lokey Howard & Zukin, 1995-97; General Partner, McFarland Dewey & Co., 1989-95; Executive Vice President & CFO, College Savings Bank, 1986-89; Vice President, Lazard Freres & Co., 1982-86. Editor, FMA Online. marcia h. flicker (15) Associate Professor of Marketing BA, Cornell University; MBA, PhD, University of Pennsylvania. Instructor, New York University, 1982-85; Media Planner/Buyer, Michael Schack Advertising, 1972-75; Vice President of Media/Account Service, Krieff Advertising, 1975-77. Consulting: J.C. Penney; L.L. Rossi, Inc.; Fordham University. Wei Gao (005) Assistant Professor of Information Systems BS, MS, Fudan University (Shanghai); PhD, University of Arizona. nicholas c. Georgantzas (1) Professor of Management Systems BA, Graduate School of Industrial Studies (Greece); MBA, University of Scranton; MBA, Baruch (CUNY); MPhil, PhD, (CUNY). Assistant Professor, Baruch (CUNY), 1986-87; Systems Analyst, ICPSR-Baruch Library (CUNY), 1983-85; Accounting Associate, Mazda, 1978-80; Banking & Finance, ION Chocolatiers, 1977-78. Process and Systems Dynamics Consulting: commercial/retail banking, information systems, education, printing, entertainment and multimedia, petroleum, pharmaceuticals, and nutrition industries. robert G. George (1) Assistant Professor of Finance BS, University of Connecticut; MBA, University of Pennsylvania; PhD, University of Chicago. Assistant Vice President, Old Forge Management, 1985-87; International Financial Analyst, the First National Bank of Chicago, 1982-84; International Economic Consultant, Conti-Commodities, Inc., 1980-82; Manager/Treasury Department, Trans World Airlines, 1976-78. donna m. Gitter (1) Assistant Professor of Legal and Ethical Studies BA, Cornell University; JD, University of Pennsylvania Law School. Attorney, Davis & Gilbert LLP, 1997-99; Attorney, Kaye, Scholer, Fierman, Hays & Handler, 1994-97. Gautam Goswami (15) Associate Professor of Finance BTech (Hons.), Indian Institute of Technology (Kharagpur); PGDM (MBA), Indian Institute of Management (Calcutta) PhD, Georgia State University. Instructor of Finance, 1992-95, Research Associate, 1994-95, Georgia State University; Assistant Manager Planning, Chloride India Limited, 1984-87; Sales Engineer, Larsen and Toubro Limited, 1982-84. Consulting: ABB; Times of India; Chase Training Program. albert n. Greco (16) Professor of Communications and Media Management and Professor of Marketing BA, MA, Duquesne University; EdD, New York University. Associate Professor, New York University, 1982-96. Consulting: Andersen Consulting; Book Industry Study Group; Saatchi & Saatchi North America, Inc.; Foreign Affairs (the Council on Foreign Relations); Women in Scholarly Publishing; New York City’s Public Development Corporation; New York City’s Office of Economic Development. General Editor of Allyn & Bacon Series in Mass Communications. li Gu (005) Assistant Professor of Finance BS, Xidian University (Xi’an); MA, Duke University; MPhil, PhD, Columbia University. 56 fordham univerSity Scott hoenig (1) Assistant Professor of Marketing (on leave) BEE, Georgia Institute of Technology; PhD, Columbia University. Assistant Professor, University of Oklahoma, 1988-89; Field Engineer, General Electric, 1981-83; Systems Analyst/Engineer, Combustion Engineering, 1975-79. alfred c. holden (1) Associate Professor of Marketing and Area Chair of Marketing BS, U.S. Naval Academy; PhD, Syracuse University. Associate Professor, St. John’s University, 1981-88; Vice President/Marketing and Chief Economist, Foreign Credit Insurance Association, 1976-80; Senior Economist/Vice President, Bankers Trust Co., 1970-76; International Economist, Federal Reserve Bank of New York, 1968-70. International Business Consultant, public and private sectors. Gayané hovakimian (000) Assistant Professor of Finance BS, Yerevan Institute of Economics (Armenia); MA, University of Southern California; PhD, Boston College. Visiting Professor, Baruch College, 1999-00; Teaching Fellow, Teaching Assistant, Research Assistant, Boston College, 1994-98; Research Associate, Center for Business Research and Development (Armenia), 1991-92; Research Associate, Instructor, Yerevan Institute of Economics (Armenia), 1987-91. John l. hunter (000) Clinical Assistant Professor of Finance BS, Brigham Young University; MBA, University of Utah; PhD, MPhil, New York University. Instructor, New York University, 1994-1998; Visiting Assistant Professor, New York University, 1999-2000. President, Century Funds Management, 1982-present; Member of Investment Committee, Deseret Mutual Benefit Administrators, 1981-95; Board Member and Investment Manager, Deseret Trust Company, 1977-95; Director Investment Securities, The Church of Jesus Christ of Latter-day Saints, 1971-95; Board Member and Chairman of Audit Committee, Valley Bancorporation (Idaho), 1974-80; Director, Valley Bank (Idaho), 1972-80. robert f. hurley (1) Professor of Management Systems BS, Fordham University; MBA, University of Pennsylvania; PhD, Columbia University. Product Manager, General Foods, 1983-88. Consulting: Avon Products, Kraft Foods, First Tennessee Bank, State Farm Insurance. Kevin t. Jackson (11) Associate Professor of Business Ethics BA, MA, JD, Florida State University; PhD, University of Maryland. Visiting Assistant Professor, Georgetown University, 1990-91; Attorney, Account Representative, West Services, Inc., 1988-90; Consultant, West Publishing Co., 1983-88; Attorney, Legal Services of North Florida, Inc., 1981-83. yabing Jiang (005) Assistant Professor of Information Systems BE, Beijing University of Chemical Technology; MS, MBA, Arizona State University; MS, PhD, University of Rochester. Sertan Kabadayi (005) Assistant Professor of Marketing BA, Bosphorus University (Istanbul); MBA, Yeditepe University (Istanbul); PhD, Baruch College. evangelos Katsamakas (004) Assistant Professor of Information Systems MEng, University of Patras (Greece); MSc, London School of Economics; MPhil, PhD, Stern School of Business, New York University. Jisung Kim (004) Assistant Professor of Management Systems BS, Seoul National University; MBA, Bowling Green State University; PhD, Fuqua School of Business (Duke University). youngjin Kim (000) Assistant Professor of Information Systems BA, Hankuk University of Foreign Studies (Seoul, Korea); MBA, Indiana State University; MS, New Jersey Institute of Technology; PhD, Rutgers, State University of New Jersey. Assistant Professor, Long Island University, 1996-00; Instructor, Fairleigh Dickinson University, 1992-96; Research Assistant, Instructor, New Jersey Institute of Technology, 1989-92; Instructor, Rutgers, the State University of New Jersey, 1987-89; Programmer/Systems Analyst, Hypercom, Inc., 1987-89; Researcher, Samsung Life Insurance Co. (Korea), 1982-83. lawrence J. King (16) * Assistant Professor of Marketing BS, MS, Colorado State University; PhD, Michigan State University. Assistant Professor, Central Michigan University, 1973-76. dorothy e. Klotz (10) Professor of Management Systems BA, Indiana University; MA, PhD, Pennsylvania State University. Research Assistant, Center for Research in Conflict and Negotiation, 1988-1990. Paul S. Kushel (1) Clinical Associate Professor of Accounting and Taxation BS, MBA, New York University; PhD, University of Texas (Austin); CPA, New York State. Assistant Professor, New York University, 1981-88; Senior Tax Staff, Arthur Andersen & Co., 1975-77. Consulting: domestic and international banks; Big Four accounting firms. Graduate School of BuSineSS adminiStration 5 full-time faculty LA/RA frank larocca, S.J. (004) Clinical Instructor of Business Ethics BA, University of Pennsylvania; MA, Fordham University; Master of Divinity, Jesuit School of Theology; MBA, Georgetown University. dean a. leistikow (1) Professor of Finance BS, University of Iowa; MA, PhD, Brown University. Assistant Professor of Finance, University of Rhode Island, 1983-87. Economist: Department of Energy, 1982; Department of Health and Human Services, 1981. dawn B. lerman (000) Assistant Professor of Marketing, Director of Global Professional MBA BA, Brandeis University; MBA, New York University; MPhil, PhD, Baruch College (CUNY). Instructor, Baruch College, 1996-00; Business Development Analyst, The Ferolie Group, 1994-95; Assistant Press Attaché, Conseil Regroupant Les Institutions Juives en France (CRIF), 1991. Consults for new and established companies in the areas of marketing research, branding, new product introductions, and marketing strategy development. Sharon m. livesey (16) Associate Professor of Communications and Media Management BA, Smith College; BA, MA, Cambridge University (England); JD, Northeastern University School of Law. Adjunct Professor and Consultant, University of Massachusetts at Boston and Lesley College, 1995-96; Lecturer, Harvard University Graduate School of Business Administration, 1987-93. James r. lothian (10) University Distinguished Professor of Finance BA, Catholic University; MA, PhD, University of Chicago. Editor, Journal of International Money and Finance; Visiting Scholar, University of Maastricht, 1998, Visiting Scholar, International Monetary Fund, 1992; Visiting Professor, New York University, 1988-90; Vice President/Head of Positioning Support, Citicorp Investment Bank, 1983-87; Vice President/ Head of Financial Research, Citibank, 1979-83. Consulting: U.S. Department of Commerce; Board of Governors of the Federal Reserve System. allen S. marber (003) Visiting Associate Professor of Marketing BA, Michigan State University; MBA, Baruch College (CUNY); PhD, New York University. Professor, Roosevelt University, 1994-03; Associate Professor, University of Bridgeport, 1990-94; Associate Professor, University of Scranton, 1984-90; Marketing Consultant, 1981-84; Marketing Director, Nelco Corporation, 1976-81. Katherin marton (1) * Professor of Business Economics BS, PhD, University of Vienna; MSc, University of Minnesota; PhD, New York University. Consulting: United Nations, 1975-92. Brian maruffi (00) Clinical Associate Professor of Management BA, MA, New York University; MPhil, PhD, Columbia University. Adjunct Professor, New York University; Strategic Partners/Argus International, Designer and Course Director for Human Resources, Compensation and Systems Practitioner Certification Programs. Sarah maxwell (16) Associate Professor of Marketing BA, University of Pennsylvania; MBA, Wharton School; PhD, Florida International University. Lecturer, University of Washington, 1995-96; Lecturer, Florida International University, 1992-95; Vice President of Marketing, Aramark, 1979-90. cheri l. mazza (000) Associate Professor of Accounting BS, Indiana University of Pennsylvania; MS, Illinois State University; PhD, University of North Texas. Project Manager, Financial Accounting Standards Board; Assistant Professor of Accounting, Virginia Commonwealth University; Assistant Professor of Accounting, Midwestern State University. Paul d. mcnelis, S.J. (005) Robert Bendheim Professor of Economic and Financial Policy BA, Boston College; PhD, The John Hopkins University; MDiv, Weston School of Theology. Patrick J. montana (003) Visiting Professor of Management Systems BS, MS, Long Island University; MBA, University of Cincinnati; PhD, New York University. marta W. mooney (16) * Professor of Management Systems BA, MA, San Jose State College; PhD, University of California (Los Angeles). Consulting: Canadian Railroad Unions; Petroleus de Venezuela; Catalyst Technologies; Conference Board. haim mozes (1) Associate Professor of Accounting BA, Touro College; MS, PhD, New York University. Assistant Professor, Baruch College, 1989. Consulting: Oppenheimer & Co.; Maimonides Medical Center; IRS. 5 fordham univerSity Philip m. napoli (1) Associate Professor of Communications and Media Management, Director of the McGannon Center BA, University of California, Berkeley; MS, Boston University; PhD, Northwestern University. Assistant Professor of Communication, Rutgers University, 1997-99; Visiting Assistant Professor of Mass Communication, Boston University, 1996-97; Senior Research Fellow, Boston University; Survey Research Supervisor, Northwestern University Survey Research Center, 1995-96. harry a. newman (16) Associate Professor of Accounting BCom, University of Toronto; MS, PhD, Northwestern University. Assistant Professor, University of Illinois at Chicago, 1989-96; Assistant Professor, University of Michigan, 1984-89. tracey J. niemotko (004) Visiting Associate Professor of Accounting BA, Fordham University; JD, Fordham University School of Law; CPA, New York State. CPA/Fiduciary, Fine, Ciliberti & DiPietro. Walter f. o’connor (1) Professor of Accounting and Taxation and Director of the Masters Program in Taxation BS, St. Peter’s College; MBA, New York University; PhD, CUNY; CPA, New York, Michigan, New Jersey, Georgia, Louisiana. Vice Chairman, International Member of the Board of Directors, KPMG Peat Marwick, 1980-87. Editor-in-Chief, The International Tax Journal. Joyce nilsson orsini (16) Associate Professor of Management Systems, Director of Deming Scholars Program, and Associate Director for Education, Center for Advanced Management Studies BS, The City College of New York; MS, MPhil, PhD, New York University. Chief Statistician, Director of Research, Vice President for Research, Comptroller, CFO, CHRO, COO, and CEO for companies in financial services. Consulting on quality in manufacturing, service, and government. hongwu (Sam) ouyang (004) Assistant Professor of Management Systems BA, MA, Renming University of China; MBA, Cornell University; PhD, Yale University. emma yan Peng (005) Assistant Professor of Accounting BA, Peking University (Beijing); PhD, University of Oregon. elizabeth Pinho-cosenza (004) Assistant Professor of Business Law BA, Fordham University, JD, Harvard Law School. Associate, Davis Polk & Wardwell. Barbara m. Porco (1) Assistant Professor of Accounting and Taxation BS, MBA, PhD, Fordham University; CPA, New York State. Visiting Professor, Yeshiva University, 1990-91, Senior Tax Manager, PricewaterhouseCoopers (C&L Legacy), 1981-90. Certified MBTI® Practitioner, 2000. Consulting: domestic and international banks, hospitals, and Big Four accounting firms. Paul rackow (13) * Associate Professor of Management Systems BS, The City College of New York; MBA, PhD, New York University. Assistant Professor, Southampton College of Long Island University, 1969-70; Chief/Data Collection, Tri-State Transportation Commission, 1963-65; Statistician, Louis Harris & Associates, 1962-63; Statistical Sampling Specialist, Port Authority of NY/NJ, 1952-62. Wullianallur r. raghupathi (1) Associate Professor of Information Systems BCom, LLB, Osmania University (India); MCom, Sri Venkateswara University (India); MBA, PhD, The University of Texas (Arlington). Professor, 1994-98, Associate Professor, 1991-94, California State University (Chico); Researcher, Automation and Robotics Research Institute, 1988-90; Financial and Systems Analyst, First Capital Assets Group, Inc., 1986-87; Marketing Officer, Midwest Leasing Limited (India), 1984. Sumita raghuram (13) Associate Professor of Management Systems BA, Delhi University (India); MBA, Xavier Labor Relations Institute (India); PhD, University of Minnesota. Teaching: University of Minnesota, New York University. aSSociate vice PreSident of academic affairS david Stuhr With finance area chair victor m. Borun. Graduate School of BuSineSS adminiStration 5 full-time faculty RA/YA Patricia P ramsey (11) * . Professor of Management Systems and Faculty Coordinator for Beijing International MBA Program BA, MA, PhD, Hofstra University. Chairman, Department of Administrative Computer Systems and Quantitative Methods, Hofstra University, 1979-81; Research Methodologist/Statistician, Long Island Jewish/ Hillside Medical Center, 1973-80. Senior Quality Control Consultant, Quality Alert Institute. donna c. rapaccioli (1) Associate Professor of Accounting BS, Fordham University; MPhil, PhD, New York University. Steven B. raymar (1) Assistant Professor of Finance BA, Yale University; PhD, Columbia University. Visiting Professor, University of Wisconsin (Madison), 1990-91; Assistant Professor, Indiana University, 1984-92. lawrence d. roberts (1) Assistant Professor of Legal and Ethical Studies BA, Columbia College; JD, Cornell Law School; LLM, New York University School of Law. Adjunct Professor, Seton Hall University School of Law, 1998; Adjunct Professor, City University of New York School of Law (Queens College), 1996-97; Visiting Professor, New England School of Law, 1993-94; Senior Fellow, Center for International Studies, New York University School of Law, 1992-93. aditya n. Saharia (1) Associate Professor and Area Chair of Information Systems BS, MS, MPhil, Aligarh University (India); PhD, Carnegie-Mellon University. Assistant Professor and Director of Center for Research in Information Management, University of Illinois at Chicago, 1990-97; Assistant Professor, University of Washington, 1984-90; Research Associate, University of Rochester, and University of British Columbia, 1978-84. allen i. Schiff (16) * Professor of Accounting, Area Chair of Accounting, and Director of the Field Study Program BA, MS, PhD, New York University. Faculty Fellow, PricewaterhouseCoopers, 1979-80; Research Associate, Main Lafrentz, CPA, 1975; Assistant Professor, CUNY (Baruch), 1974-76. falguni K. Sen (16) Professor of Management Systems BS, St. Stephen’s College (India); MS, University of Delhi; PhD, Northwestern University. Consulting: private, public, and government organizations in U.S., India, and Ireland. leon G. Shilton (1) Professor of Finance BA, Trinity; MUP, Michigan State University; PhD, University of Wisconsin. President, Sean Trebor Co. (real estate/financial investment consulting firm), 1980-87; Director of Development and Lending, Wisconsin Development Authority and Michigan Development Authority, 1971-78. Consulting: Moody’s; FDIC; Urban Land Institute. mark S. Silver (1) Associate Professor of Information Systems BA, University of Pennsylvania; PhD, Wharton School, University of Pennsylvania. Associate Professor, New York University, 1993-99; Assistant Professor, University of California (Los Angeles), 1986-94; Senior Research Fellow, Institute for Research on Higher Education, University of Pennsylvania, 1979-86; Systems Analyst, International Data Base Systems, 1978-79. yusif e. Simaan (10) Associate Professor of Finance BA, Haifa University (Israel); MS, Technion (Israel Institute of Technology); PhD, CUNY (Baruch). Assistant Professor, Rutgers University, 1987-90. Consulting: Automated Trading Desk (ATD); Electronic Traders Association (ETA). Sharon P Smith (1) . Professor of Management Systems and Dean, Fordham Business Schools, Dean of the Business Faculty BA, MA, PhD, Rutgers University. Associate Director/Project on Faculty Retirement and Visiting Senior Research Economist, Princeton University, 1988-90; District Manager, Labor Relations, Corporate Strategy and Development, Economic Analysis, AT&T, 1982-88; Senior Economist, Federal Reserve Bank of New York, 1981-82; Visiting Associate Professor, New York State School of Industrial and Labor Relations, Cornell University, 1981; Research Associate, Industrial Relations Section, Princeton University, 1974-76. Consulting: Organization Resources Counselors; Wiche. Member of Board of Governors, Security Traders Association. Trustee, St. Barnabas Hospital. 60 fordham univerSity Patrick J. Socci (00) Clinical Associate Professor of Information Systems BA, St. Francis College; MA, St. John’s University; Professional Diploma Educational Supervision and Administration, Queens College; PhD, Polytechnic Institute of Brooklyn. Senior Vice President for Engineering and Development, ADC Telecommunications/CommTech, 2000-02; Network Operation Systems Vice President, AT&T, 1998-00; Vice President of Management Information Systems, Teleport Communications Group, 1989-98; Vice President of Management Information Systems, Merrill Lynch, 1983-89; Adjunct Assistant Professor of Computer Science, Baruch College, 1982-87; Systems Officer/Manager, Citibank, 1980-83. esther e. Solomon (14) Associate Professor of Management Systems BA, Pierce College, American University (Greece); MA, PhD, University of Jerusalem (Israel). James a. f. Stoner (15) * Professor of Management Systems BS, Antioch College; MS, PhD, Massachusetts Institute of Technology. Assistant and Associate Professor, Columbia University 1968-75; Research Associate, Massachusetts Institute of Technology, 1963-64, and 1967-68; Project Development Officer, Ministry of Commerce & Industry, Government of Tanganyika (now Tanzania), 1961-63. Consulting: Arthur D. Little; Bell Labs; Bergen Brunswig; Juran Institute. david P Stuhr (1) * . Associate Professor of Finance and Associate Vice President for Academic Affairs BE, Yale University; MS, Rensselaer Polytechnic Institute; PhD, New York University. Sinan tan (005) Assistant Professor of Finance BA, Koc University (Istanbul): PhD, New York University. amjad umar (00) Professor of Information Systems BS, MS, Punjab University (Pakistan); MS, PhD, University of Michigan. Director of Advanced Distributed Systems, Telcordia, 1989-2003; Principal Scientist, Distributed Systems and Electronic Commerce, 1979-99; Research Scientist, Bell Communications Research (Bellcore), 1989-97; Associate Professor, University of Michigan, 1985-89; Associate Director, Michigan State Computing Network, 1974-85. frank m. Werner (1) * Associate Professor of Finance BA, MBA, Harvard University; MPhil, PhD, Columbia University. Assistant to Vice President/Finance, Grumman Data Systems Corp., 1970-72. Consulting: Chase Manhattan Bank; Citicorp; Con Edison; International Air Transport Association; Lazard Freres; Swiss Bank Corp. robert m. Wharton (11) * Professor of Management Systems and Area Chair of Management Systems BA, MA, PhD, Temple University. Manager/Corporate Planning, AT&T, 1979-81; Associate Professor, Trenton State College, 1968-78. Consulting: AT&T; National Institutes of Health; U.S. Department of Defense. Patricia a. Williams (1) Associate Professor of Accounting BA, Montclair State College; MA, Middlebury College; MBA, Southern Methodist University (Dallas); DBA, Boston University. Instructor, San Francisco State University, 1987-88; Assistant Vice President/Energy Lender, MCorp, 1981-84; Research Associate, INSEAD (France), 1984. yuewu Xu (005) Assistant Professor of Finance BS, Beijing Normal University (Beijing); PhD, (Statistics) Yale; PhD, (Finance) Yale. an yan (001) Assistant Professor of Finance BA, Tsinghua University (Beijing); MA, PhD, Boston College. Instructor, Carroll School of Management, Boston College, Spring 2000; Instructor, Boston College, Fall 1999 and Spring 2000; Teaching Assistant, Boston College, Fall 1998 and Spring 1999; Research Assistant, Boston College, 1997-98; Research Associate, The Gold Bureau of China (Beijing), 1995-96. John Zhuang yang (10) Assistant Professor of Management Systems and Associate Dean of the Beijing International MBA Program BA, Beijing University (China); MA, the Academy of Social Sciences (Beijing, China); MPA, Princeton University; MA, MPhil, PhD, Columbia University. Consulting: Merrill Lynch & Co., Japanese companies in the U.S. on Americanization programs. Graduate School of BuSineSS adminiStration 61 Professors Emeriti Joan thayer yazmir (15) Clinical Associate Professor of Communications and Media Management BA, MS, City College of New York; EdM, EdD, Columbia University. Assistant Dean, Director of the International Program, Fordham University, College of Business Administration, 1996-98; Acting Deputy Commissioner, Public Information; Director of Public Relations, New York City Human Resources Administration, 1988-90; Vice President, Public Relations and Advertising, Broadcast Music Incorporated, 1981-87. Consulting: Qualitative research, *NORTHSTAR Research Associates. milan Zeleny (11) * Professor of Management Systems Dipl. Ing., Prague School of Economics; MS, PhD, University of Rochester. Professor, European Institute for Advanced Studies in Management (Brussels, Belgium), 1979-81; Associate Professor, Columbia University, 1972-79. Consulting: Nynex; RCA; Arthur D. Little; Czech, Slovak, and Polish governments, and corporations on business process re-engineering. yuhuang Zheng (005) Assistant Professor of Marketing BE, BA, MBA, Tsinghua University (Beijing); MPhil, PhD, Columbia University. milton alexander (155) * Professor Emeritus of Marketing BA, CUNY (Brooklyn); MS, Columbia University; PhD, New York University. claire corbin (15) * Professor Emeritus of Marketing BS, MS, PhD, New York University. albert W. cornachio (13) * Professor Emeritus of Business Law BS, JD, Fordham University. Jaak Jurison (10) Associate Professor Emeritus of Information Systems BS, Upsala College; BSEE, Worcester Polytechnic Institute; MSEE, Columbia University; MBA, PhD, The Peter F. Drucker Graduate Management School, Claremont Graduate University. arthur J. Kover (11) Professor Emeritus of Marketing BA, Cornell University; MA, PhD, Yale University. James c. mcdermott (15) * Associate Professor Emeritus of Accounting BS, Fordham University; MBA, New York University; CPA. William J. Small (16) Professor Emeritus of Communications and Media Management MA, University of Chicago. Dean, Fordham Graduate School of Business Administration, 1993-94. *Recipient of the Bene Merenti Citation and gold medal for 20 years of service on the Fordham Faculty. * Recipient of the Bene Merenti Citation and gold medal for 20 years of service on the Fordham Faculty. 6 fordham univerSity Adjunct Faculty Joseph abboud Adjunct Professor of Marketing BA, PhD, Honoris Causa, University of Massachusetts, Boston. Entrepreneur, fashion designer, and former Chief Executive Officer of Joseph Abboud. Recipient of numerous domestic and international awards; member, Board of Directors of Sean McDonough Foundation, CFDA and other nonprofit organizations. timothy W. allison Adjunct Assistant Professor of Accounting BBA, Amherst College; MBA, MS (Taxation), Fordham University; Ernst & Young. arthur angstreich Adjunct Assistant Professor of Accounting and Taxation BS, New York University; JD, Brooklyn Law School. Vice President, Indirect Taxes, Cablevision Service Corporation, present. Senior Vice President, PolyGram, 1996-2003; Assistant Treasurer & Vice President, Tax Administration, 1978-present; Director, Tax Administration, NBC, 1974-78. John J. antretter Adjunct Instructor in Finance BS, MBA, Fordham University. Senior Vice President, D. Blech & Co., 1991-present; Corporate Lender, First National Bank of Long Island, 1990-91; Marine Midland Bank, 1989-90; Bank of New York, 1987-89. Gail trell Barker Adjunct Associate Professor in Communications and Media Management BA, The City College of New York. Vice President, CBS AM Stations, 1979-81; Vice President/Sales, CBS TV Stations, 1977-79; Director of Sales, WCBS-TV, 1975-77; General Sales Manager, WCBS-TV, 1973-75. norman Berle Assistant Professor of Business Law BS, SUNY (Albany); MBA, CUNY (Baruch); JD, Brooklyn Law School. Attorney, Teitelbaum, Braverman & Borges, 1999-present; Attorney, Fischbein, Badillo, Wagner, Harding, 1998-99; Senior Staff Attorney, Legal Aid Society of New York, 1989-97. Biswa P Bhowmick . Adjunct Associate Professor of Management Systems BSc, University of Calcutta (India); MA, MBA, Fordham University. Assistant Director, Higher Education Opportunity Program, Fordham University, 1991-present. Jerry d. Blam Adjunct Associate Professor of Management Systems BS, Technion (Israel); MS, MBA, Columbia University; PhD, New York University. Adjunct Associate Professor, New York Institute of Technology, 1996-present; Adjunct Assistant Professor, New York University, 1970-1976. Management Consultant: Financial and Cost Controls; Business Planning; Analysis, Structure, and Negotiations for Mergers and Acquisitions; Venture Capital and Reengineering/Reorganization Services, 1990-present; President, Embeex Company, Inc., 1981-1990; Treasurer and Acting Chief Financial Officer, Central National Corporation, 19781981; Second Vice President, The Chase Manhattan Bank, 1973-1978. david c. Breschel Adjunct Assistant Professor of Business Law BA, Fordham University; JD, Brooklyn Law School. Attorney, Legal Aid Society, 1989-present; Attorney, Saunders, Saunders, Block & Byrne, 1988-89; Attorney, Queller, Fisher, Block & Wisotsky, 1982-87. matthew J. Brodie Adjunct Instructor in Accounting and Taxation BA, Western New England College; MS, Long Island University; CFP, Adelphi University. President, Brodie Associates, Inc., 1991-present; Senior Tax Manager, PricewaterhouseCoopers, 1987-90; Tax Supervisor, Peat Marwick & Main, 1986-87. lester Brown Adjunct Professor of Communications and Media Management BA, Roosevelt University. Consultant: Center for Communications, 1991-present; Publisher, Television Business International, 1988-91; Editor-In-Chief, Channels Magazine, 1980-88; Television Correspondent, The New York Times, 1973-80. James J. Browne Adjunct Instructor in Management Systems BA, St. John’s University; MA, CUNY (Brooklyn). Manager, Management Engineering Services, Port Authority of New York and New Jersey, 1962-90. Julio Bucatinsky Adjunct Associate Professor of Information Systems CE, University of Buenos Aires, School of Engineering (Argentina); MS, Columbia University. President, Tech-Mar Consulting Group, 1993-2000; Management Consultant: IBM Corporation, 1967-93; Staff Analyst, M.W. Kellogg Company, 1964-67; Staff Engineer, International Pipe and Ceramics, 1962-64; Plant Engineer, Establecimiento Industrial Bayres (Argentina), 1953-61. Graduate School of BuSineSS adminiStration 63 adJunct faculty cA/go michael d. Buckley Adjunct Assistant Professor of Economics BA, University of Michigan; MA, PhD, Wayne State University. Vice President, Chemical Bank, 1984-96; Vice President, J.P. Morgan Securities, 1996-02. david d. Buttolph Adjunct Instructor in Finance BA, Boston University; MBA, Suffolk University. Vice President, Standard Chartered Bank, 1991-present; Vice President, Barclays Bank, 1986-91; Loan Officer, Bank of Boston, 1981-86. George catsiapis Adjunct Professor of Finance BS, Cornell College; MS, University of Iowa; PhD, University of Chicago. Adjunct Associate Professor, New York University, 1993; Visiting Associate Professor, Columbia University, 1986-90. anthony J. cetta Adjunct Instructor of Accounting BA, Hunter College; MBA, New York University. Senior Managing Director, Twenty First Securities, Corp., present; Managing Director and Worldwide Tax Director, CS First Boston, 1993-1998; Managing Director and Group Controller, CS First Boston, 1991-1993. Jack m. cooper Adjunct Professor of Information Systems BS, New Mexico State University; MS, Washington University (St. Louis). President and Founder of JM Cooper & Associates, 2001-present; CIO and Corporate Vice President, Bristol-Meyers Squibb, 1995-01; CIO and Vice President, J.E. Seagram & Co., 1990-95; President and CEO, CSX Technology, CSX Corporation, 1980-90; CIO and Vice President, University of South Carolina, 1970-80; Associate Professor, University of Missouri (St. Louis), 1978-90. Suzan K. couch Adjunct Instructor in Communications and Media Management BA, Wilson College. President and Founder, CB Communications, Inc., 1982-present; Vice President, Marketing, Warner Cable Inc., 1980-82; Vice President, Advertising, Sales Promotion, Product Integrity, American Express Co., Travel Division, 1975-80; General Sales Manager, RKO General (WOR-FM), New York, 1974; Vice President, Broadcast Advertising, R.H. Macy Co., New York, 1973-74. John J. cronin Adjunct Assistant Professor of Taxation BBA, Iona College; CPA, New Jersey, New York. National Tax Partner, Deloitte & Touche, 1988-00; Manager of Corporate Tax Department, 1978-88. Peter m. crowell Adjunct Associate Professor of Information Systems BS, Lehigh University; MBA, Adelphi University. Founder, Context 360, Inc., 2001-present; Founder, Spider Partners, LLC, 1998-01; Senior Vice President/CIO, McGraw-Hill Companies, 1996-98; Vice President/CIO, CBS Inc., 1995-96; Partner, CSC, 1992-95; President, Chase Access Services, 1989-92; Vice President, IT Architecture, Chase Manhattan Bank, NA, 1987-89; Sales and Marketing Manager, Digital Equipment Corporation, 1985-87; Director, IS/CIO, Josephson International, 1983-85; Director, IS/CIO, CBS Television Stations, 1976-83. edward dennehy Adjunct Instructor of Accounting BBA, MBA, Pace University; JD, Brooklyn Law School; LLM (Taxation), New York University. Partner, KPMG, present. Patti devine Adjunct Instructor of Marketing BS, Bryant College; MBA, Fordham University. President, Devine & Company, 2003-present; Director, Customer Relations, Time Warner, 1999-2003; Senior Marketing Manager, Elsevier Science, 1995-99; Marketing Manager, Simba Information, 1993-95. eugene diulio Adjunct Associate Professor of Finance BS, Northeastern University, PhD, Columbia University. larry e. dixon Adjunct Instructor in Finance BS, Iowa State University; MA, University of Iowa; MBA, West Virginia University. Vice President, Chase Manhattan Bank, 1978-present. Member of various real estate advisory boards. Bernard S. donefer Adjunct Assistant Professor of Information Systems MBA, New York University. Senior Vice President, Fidelity Investments, 1996-02; Executive Vice President & CIO, Dai-Ichi Kangyo Bank (now Mizuho Bank), 1992-96; Principal, Financial Technology Advisory Group, 1991-92; President, BT Financial Services Information Systems Corporation, 1987-91. 64 fordham univerSity James donius Adjunct Assistant Professor of Marketing AB, University of Notre Dame; MBA, SUNY (Buffalo). President, Marketplace Measurement Worldwide, 1992-present; Executive Vice President, Yankelovich Partners, Inc., 1991-92; Senior Vice President, N.W. Ayer, Inc., 1986-91; Senior Vice President, Advertising & Research Foundation, 1985-86. eugene n. ferraro Adjunct Assistant Professor of Taxation BA, Fordham University; MBA, New York University. Partner, Deloitte & Touche LLP, 1986-present. richard c. fitzpatrick Adjunct Professor of Management Systems BA, LeMoyne College; MPA, Syracuse University; PhD, SUNY (Albany). Associate Director, Center for Management, Baruch College, 1981-84; Community Representative, U.S. Department of Housing and Urban Development, 1971-74. Sander a. flaum Adjunct Professor of Management Systems BA, Ohio State University; MBA, Fairleigh Dickinson University; Graduate School of Business Program in Advanced Marketing Studies, Columbia University. Managing Partner, Flaum Partners, 2004-present; Chairman and CEO, Robert A. Becker Euro RSCG, 1988-2003; Marketing Director of Ethical and Biologic Products, Lederle Laboratories, 1974-1982. Kenneth friedman Adjunct Associate Professor of Information Systems BA, Brooklyn College; PhD, City University of New York Graduate Center. President, Solstice Consulting, Ltd., 2001-present; President & CEO, Silkroad Interactive, Inc., 1999-01; President, Corporate Micros, Inc., 1985-98. Bruce t. Giedra Adjunct Assistant Professor of Taxation BS, Carnegie-Mellon University; JD, Case Western Reserve University Law School; LLM, New York University. Tax Special Projects Manager, Bear, Stearns & Co., Inc., 1995-present; Tax Manager, PricewaterhouseCoopers, 1988-95; Law Clerk, Landskroner & Phillips Co., L.P.A., 1988. maria Giordano Adjunct Instructor in Taxation BS, Hunter College; MS, Fairleigh Dickinson University. Senior Manager, PricewaterhouseCoopers, 1998-present; Tax Manager, Barnes & Noble, 1995-98; Senior Tax Manager, Deloitte & Touche LLP, 1993-98; Director of Taxation/Treasurer, Linens ’n Things, Inc., 1992-93; Senior Tax Manager, Laura Ashley, Inc., 1988-92; Tax Analyst, Capital Cities/ ABC, Inc., 1985-88; Staff Tax Accountant, Peat, Marwick Mitchell & Co., Inc., 1981-85. morton S. Glantz Adjunct Instructor in Finance BBA, CUNY (Baruch); MBA, New York University. President, Mort Glantz Associates, 1992-present; Vice President, Corporate Professional Development Department, Chemical Bank, 1961-92. Consulting: Misr Iran Development Bank, Cairo; IBM Credit Corporation; American Venture & Communication, Inc. floyd G. Goolsby Adjunct Instructor in Marketing BS, University of Alabama; MBA, University of Georgia. General Manager, Strategic Retail Development, Mercedes-Benz USA, Inc., 1985-present; Zone Sales Manager, Ford Motor Company, 1983-85. arthur i. Gordon Adjunct Professor of Accounting and Taxation BA, CUNY (Queens); JD, Brooklyn Law School; LLM, New York University; CPA. Partner, Ernst & Young, 1977-present; President, New York State Society of Certified Public Accountants, 1993-94. Graduate School of BuSineSS adminiStration 65 adJunct faculty gR/mU richard B. Green Adjunct Associate Professor of Information Systems BA, Brandeis University; PhD, City University of New York. Management Consultant, JPMorgan Chase, 1989-present; Project Manager, Treasury Systems, First Boston Corporation, 1986-88; Project Manager, Treasury Systems, TIAA-CREF, 1984-86; Senior Programmer, Manufacturers Hanover Trust, 1982-84; Assistant Professor, Manhattan College, 1978-80; Assistant Professor, St. Joseph College, 1975-78. William J. Greene, iii Adjunct Assistant Professor of Business Law BA, MBA, JD, Fordham University. Proprietor/Business Planning & Marketing, William Greene Consultants, 1989-present; Executive Director/ COO, New York County Lawyers’ Assoc., 1976-88; Assistant Treasurer/ Personal & Corporate Finance, Chemical Bank, 1961-72; Private Law Practice & Associate Attorney, New York City. Consulting: First Investors Corporation; Prentice Hall. raymond J. Gwydir Adjunct Assistant Professor of Accounting and Taxation BS, Fordham University; JD, St. John’s University; LLM, New York University; CPA. Staff Vice President/Corporate Tax Services, The Estée Lauder Companies, 2001-present; Director of Taxes, Howmet Corporation, 1996-2001; Assistant Director of Taxes, Pechiney Corp., 1992-1995; Director/Tax Administration, PepsiCo., Inc., 1982-92; Director/Accounting Policies & Procedures, American Express International Banking Corp., 1981-82; Comptroller, 1981, Assistant Comptroller, 1979-80, GMAC, General Motors Co.; Tax Supervisor, KPMG Peat Marwick, 1972-76. cheryl e. hader Adjunct Assistant Professor of Accounting BA, Yale University; JD, Harvard Law School; LLM (Taxation), New York University Law School. Partner, Drinker Biddle & Reath LLP, present; Partner, Paul, Weiss, Rifkind, Wharton and Garrison, 1992-1998; Associate, Cleary, Gottlieb, Steen & Hamilton, 1987. Kathleen P hayes . Adjunct Instructor of Accounting BA, American University; MBA, MS (Taxation), Fordham University. Associate, PricewaterhouseCoopers, present; Business Analyst, First Mergers Group, LLC, 1991-2001; International Affairs Assistant, Arter & Hadden LLP, 1998-1999; International and Legislative Affairs Assistant, International Dairy Foods Association, 1997-1998; Confidential Assistant, United States Department of Commerce, 1996-1997; Press Assistant, Office of the United States Trade Representative, 1995-1996. Steven r. Justman Adjunct Instructor in Communications and Media Management BS, Syracuse University; MS, University of Richmond (Virginia); MBA, Fordham University. Vice President-Sales Manager, 1999-present, Account Executive, 1994-99, Associate Account Executive, 1993-94, Turner Broadcasting Sales, Inc., Turner Sports; Sales Coordinator, 1992-94, Turner Broadcasting Sales, Inc., Children’s Entertainment. James Kelly Adjunct Assistant Professor in Finance BA, University of Notre Dame; MBA, Columbia University. Director, T&T Capital, 2001-present; Executive Vice President, Auerbach Grayson, 1995-2001; Senior Vice President, Deutsche Bank Securities, 1988-95; Vice President, Merrill Lynch, 1979-88. thomas v. Kennedy Adjunct Instructor in Finance BS, Wharton School, University of Pennsylvania; MBA, St. John’s University. Managing Director, Kennedy, Moren Associates, 1990-present; Instructor, American Institute of Banking, 1978-93. Katherine a. Kinkela Adjunct Assistant Professor of Business Law BS, Fordham University; JD, LLM, Fordham University School of Law. Joshua Krausz Adjunct Professor of Finance BA, CUNY (Brooklyn College); MBA, CUNY (Baruch); PhD, Polytechnic University. Professor of Finance, Yeshiva University, 1987-present; Financial Analyst, Accounts & Finance Division, AT&T, 1976-77. George e. Kroon Adjunct Professor of Marketing BA, Claremont McKenna College; MA, PhD, University of California (Los Angeles). Vice President and Economist, North America Division Economics, Bank of America, 1983-87; Industry Economist, First Interstate Bank of California, 1979-83. Consulting: Continental Asset Management; Citibank Private Bank; The Museum of Modern Art; Dun & Bradstreet; Chevron. 66 fordham univerSity ronald d. laitres Adjunct Assistant Professor of Management Systems BBA, CUNY (Baruch); MBA, Fordham University. Former President, Fordham GBA Alumni Association, 1986-94; Controller, The Winter Organization, 1985-92; CFO, Walter Oertly Associates, 1971-81. William J. latzko Adjunct Professor of Management Systems BS, Fordham University; MBA, Rutgers University. President, Latzko Associates, 1983-present; Vice President/Quality Control, Irving Trust Bank, 1970-83; Director/Management Science and Quality Control, CBS/Columbia Record Club, 1961-70. Steven m. lefkowitz Adjunct Instructor in Finance BA, MM, J.L. Kellogg Graduate School of Management. Principal and Partner, Caxton-Iseman Capital, Inc., 1993-present; Vice President and Limited Partner, Mancuso & Company, 1988-93; Specialist, PricewaterhouseCoopers, 1987-88. John malindretos Adjunct Associate Professor of Finance BA, MA, PhD, Rutgers University. Associate Professor, New Jersey Institute of Technology, 1989-present; Chief Executive Officer/Chief Financial Officer, Hartford Real Estate Company, 1978-88. Barrett J. mandel Adjunct Associate Professor of Communications and Media Management MA, PhD, University of Connecticut. President, SWG Consulting Resources, Inc., 1981-present. Consulting: McKinsey and Co.; American Re-Insurance Co.; Nuclear Energy Institute; CIGNA Corporation; Philip Morris Companies; Visiting Nurse Service of New York; Ernst & Young. James h. mccann Adjunct Lecturer in Finance BA, University of Pittsburgh; MPA, John F. Kennedy School of Government (Harvard University); Executive MBA Program, Wharton School, University of Pennsylvania. Vice President, Chase Manhattan Bank, Consulting Group, 1993-present. Jay mcGill Adjunct Instructor in Communications and Media Management BA, Marquette University. Hearst Magazine Division, The Hearst Corporation, 1979- present; Senior Vice President/Publisher, SmartMoney, 2003-present; Vice President/Director of Digital Integration, 2001-2004; Vice President/Group Publishing Director, 1997-2000; Vice President, Publisher, Popular Mechanics, 1997-2003, Country Living, 1993-1997, Motor Boating & Sailing, 1992-1993, Sports Afield, 1990-1993; Advertising Director, Sports Afield, 1988-1990; Midwest Advertising Manager, Sports Afield, 1981-1988; Sales Representative, Popular Mechanics, 1979-1981; Division Manager, Branham Newspaper Sales, 1977-1979. david l. mengle Adjunct Associate Professor of Finance BA, The Citadel; MA, American University; PhD, University of California (Los Angeles). Vice President, J.P. Morgan Chase & Co., 1991-present; Research Officer/Economist, Federal Reserve Bank of Richmond, 1984-91. Stephanie P mermin . Adjunct Instructor in Communications and Media Management BA, Adelphi University; MA, Columbia University. President, Mermin Associates International, 1981-present; Co-Director of Training, Audio/TV Features, 1987-89; Director, Speech and Language Pathology Department, Newark Beth Israel Medical Center, 1975-81. Kara J. miller Adjunct Assistant Professor of Business Law BA, Union College; JD, George Washington University; MBA, Fordham University. James minogue Adjunct Instructor in Management Systems BS, Manhattan College; MBA, St. John’s University; PhD candidate, Graduate School of Arts and Sciences, Fordham University. Manager, Planning and Control, New York Metropolitan Transportation Authority, 1977-present. Kathleen W. murnion Adjunct Instructor in Marketing BS, Mercy College; MA, The City College of New York; MBA, New York University. President, K.W. Murnion & Associates, Inc., 1986-present; Vice President/Marketing, New York Works, Inc., 1985-86; Senior Product Manager, Life Savers, Inc., 1978-85. Graduate School of BuSineSS adminiStration 6 adJunct faculty NA/SI Stanley a. nabi Adjunct Professor of Finance BA, Columbia University; CFA. Executive Vice President/Investments, Bessemer Trust Co., 1985-present; Chief Investment Officer, Lazard Freres & Co., 1973-85; President, New York Society of Security Analysts, 1971-72. Consulting: U.S. Steel & Carnegie Pension Fund; National Bureau of Economic Research Inc. calvin a. neider Adjunct Instructor in Finance BA, SUNY (Oneonta); MBA, University of Connecticut. Vice President/ Regional Manager, StanChart Business Credit, Inc. (Standard Chartered Bank), 1991-93; Senior Vice President, Barclays Business Credit, Inc. (Barclays Bank), 1987-90; Vice President, Manufacturers Hanover, 1979-86. avery e. neumark Adjunct Associate Professor of Accounting and Taxation BA, Yeshiva University; JD, Brooklyn Law School; LLM, New York University; CPA. Rosen Seymour Shapss Martin & Company, 1996-present; Partner and Director/Employee Benefits and Executive Comptroller, Weber, Lipshie & Co., 1990-present; Tax Partner/Employee Benefits and Executive Comptroller, Ernst & Young, 1977-90; Chairman, Temporary, New York State Commission on Workers’ Compensation; Special Advisor to the Lieutenant Governor, New York State. tracey J. niemotko Adjunct Associate Professor of Accounting BS, JD, Fordham University; CPA. Tenured Associate Professor, The College of Mount Saint Vincent, 1988-present; Adjunct Associate Professor, SUNY Maritime College, 1993-94; Adjunct Associate Professor, Mercy College, 1985-88. frank m. o’conner Adjunct Assistant Professor of Marketing BS, MBA, Fordham University. Regional Manager, Northeast Vanguard Labs, Inc., 1992-present; Regional Director, Roxane Labs, Inc., 1977-92; Marketing Manager, United Nations Postal Administration, 1975-77. michael olsher Adjunct Associate Professor of Business Economics BA, University of Pittsburgh; MBA, New York University; PhD, Fordham University. Founder, Chairman & CEO, Olsher Metals Corp., 1989present; Chairman & CEO, Salem Tube, Inc., 1983-89; Vice President, CFO, Treasurer, and Director, Sherman Square Realty, Inc., 1984-85; Founder & President, ACLI Steel Co., 1980-82; Founder, President, and CEO, New Process Steel International, 1975-80. Patrick J. o’Sullivan Adjunct Assistant Professor of Finance BBA, Iona College; MBA, St. John’s University; PhD, Fordham University. Chairman, Division of Business and Management and Associate Professor, SUNY-Old Westbury, 1980-present. Consulting: Chemical Bank; Peerless Corporation; Union Carbide Corporation. Stephen Pennacchio Adjunct Associate Professor of Accounting and Taxation BS, SUNY (Albany); JD, Fordham University; CPA. Vice President, Taxes, Texaco, Inc., 1998-present; Partner, KPMG Peat Marwick, 1988-1998; Senior Tax Manager, KPMG Peat Marwick, 1979-88. r. Scot Perlin Adjunct Senior Lecturer in Finance BA, Brandeis University; MA, Johns Hopkins University; MBA, New York University. Financial Consultant, 1989-present; Financial Consultant and Senior Vice President, D. Blech & Co., 1992; Senior Vice President, Yamaichi International (America), 1987-89; Assistant Treasurer, American International Group (AIG), 1984-87; Senior Vice President and CIO, American International Underwriters, 1978-84. francis Petit Adjunct Assistant Professor in Marketing and Assistant Dean and Special Program Director BA, MS, Fordham University; MA, New York University; EdD, Columbia University. Joseph m. Pistone Adjunct Instructor in Accounting BS, MBA, Fordham University. christopher t. rector Adjunct Assistant Professor of Marketing BS, CUNY (Baruch); MBA, Fordham University. Senior Brand Manager, Colgate-Palmolive Company, 2000-present; Associate Brand Manager, Reckitt and Colman, 1998-00. 6 fordham univerSity Kenneth ross Adjunct Instructor in Management Systems BS, BA, Simpson College; Graduate of Institute of Lifelong Learning Program, Harvard University. President, Organizational Solutions Consulting Group, 1991-present; Executive Director and CEO, The Alliance for Employee Development, 1983-90; Division Manager, Labor Relations, AT&T, 1976-83. Philip J. roth Adjunct Lecturer in Finance BA, University of Notre Dame; Graduate Program, Rutgers University; Director, Market Technician Association, 1984-present. michael n. russ Adjunct Instructor in Management Systems BS, University of California (Berkeley); MBA, Fordham University. President, Russ Enterprises, Inc., 1987-present; Vice President, Greenwich Mills, 1986-87; Manager, General Foods, 1978-86. Karl S. rutter Adjunct Instructor in Marketing BA, Hunter College; MBA, Fordham University. Fulbright Scholar, Monterrey (Mexico), 2002-02; Vice President, Sales & Marketing, internetcoolguide.com, 2000-01; Director, Trade Sales, Zagat Survey LLC, 1996-00; Manager, Book Market Sales, DC Comics/An AOL Time Warner Company, 1994-96. michael Schindler Adjunct Assistant Professor of Accounting and Taxation BA, Accounting, George Washington University; JD, Golden Gate University School of Law; LLM, New York University School of Law. Principal, Schonbraun Safris McCann Bekritsky & Co., 1998-present; Manager, Arthur Andersen & Co. E&Y Kenneth Leventhal Real Estate Group, 1996-98. david Schmudde Adjunct Associate Professor of Taxation BSCE, Marquette University; MA, North Carolina State University; JD, University of Florida. Associate Professor of Law, Fordham University, 1981-present; Private Practice, Brauner, Baron, Rosenzweig, 1978-81; Trial Attorney, New York, 1976-78; Legislative Attorney, Office of Chief Counsel to IRS, 1973-76; Real Estate Editor, Journal of Taxation of Investments. chandan Sengupta Adjunct Senior Lecturer in Finance BS, Calcutta University; MS, ABD, MBA, New York University. Senior Advisor, Mobil Corporation, 1978-88; Vice President, Chase Manhattan Bank, 1988-96. mark S. Shayne Adjunct Lecturer in Finance BS, Wharton School; MBA, New York University; CPA. Partner, Lazar Levine & Felix LLP. Jerry Shulman Adjunct Instructor in Communications and Media Management BA, MA, Brooklyn College; MBA course work, New York University; CBS School of Management, General and Field Management Programs; Certificate in Market Research, Columbia University. Vice President, International Marketing Development, Sony Music, 1995-00; Vice President and General Manager, Legacy Recordings, Sony Music, 1989-95; Vice President, Market Development, Sony Music, 1984-89; Director, Market Planning and Development, CBS Records, 1982-84; Director, Market Research and Planning, CBS Records, 1972-82. abraham J. Simon Adjunct Professor of Accounting BS, Temple University; MA, PhD, University of Pennsylvania; CPA. Professor, Queens College (CUNY), 1975-present; Assistant Professor, Rutgers University, 1968-74; Adjunct Professor, New York Institute of Technology; Adjunct Professor, Columbia University; Adjunct Assistant Professor, University of Pennsylvania. adJunct ProfeSSor GeorGe e. Kroon PrePareS for Graduation. Graduate School of BuSineSS adminiStration 6 morton B. Solomon Adjunct Professor of Accounting BS, Washington & Lee University; MBA, Wharton Graduate School, University of Pennsylvania; CPA. Retired Partner, KPMG Peat Marwick. alan e. Spiewak Adjunct Assistant Professor of Management Systems BA, University of Pennsylvania; MBA, Cornell University; JD, Union University. Attorney/Systems and Information Manager, Ladas & Parry, 1991-present; Vice President/Director of Representation Services, Prentice Hall Corporate Services, 1988-91; Attorney, Private Practice, 1983-88; Corporate Counsel and Comptroller, J&R Electronics, Inc., 1982-84. Stanislawa Surdykowska Adjunct Professor of Finance Habilitation in Economics, MS, PhD, Cracow Academy of Economics (Poland). Dean, College of Business Administration, Cracow Academy of Economics, 1985-90. Jonathan c. thwaites Adjunct Assistant Professor of Information Systems BA, University of Virginia; MBA, New York University. Client Executive, IBM Corporation, 2000-present; Principal, AnswerThink Consulting Group, 1998-00; Director, Information Systems, Philip Morris, USA, 1990-98. maureen a. tierney Adjunct Instructor in Management Systems and Associate Dean, Faculty and Administration BA, MBA, Pace University. President, Twinsun Consulting, 1989-present; District Manager, AT&T, 1984-89; District Manager, New York Telephone, 1983-84; Editor, Telephone Pioneers of America, 1972-74. Peter triolo Adjunct Assistant Professor of Marketing BA, Adelphi University. Senior Vice President, William Esty, Co., 1976-87; Advertising Director, Magnavox Co., 1971-75; Senior Vice President, Ketchum Communications, 1965-70; Vice President, Ogilvy & Mather, Inc., 1958-65. Consulting: Agency for International Development, Intl. Exec. Service Corps. Kelly a. ulto Adjunct Instructor in Accounting BS, Fordham University; MBA, Iona College; CPA, New York. mark d. Walton Adjunct Instructor in Communications and Media Management BS, Boston University; MPPM, Yale University, School of Organization and Management. Managing Director, Onyx Media Group International, 1989-present; Account Executive, CBS-TV Network, 1982-89. James r. Weldon Adjunct Associate Professor of Marketing BS, Fordham University; MBA, University of Chicago. Director, Business Integration Sara Lee Coffee & Tea Consumer Brands, 2000-present; Director of Planning and Development, Chock Full o’ Nuts, 1993-2000; Director/Worldwide Foodservice Equipment Development, Kraft General Foods, 1978-93. mark Wertlieb Adjunct Assistant Professor of Accounting and Taxation BA, Rutgers College; MBA, Pace University Graduate School of Business; CPA. Vice President, Taxes, Carter-Wallace, Inc., 1989-present; Tax Partner, Peat Marwick, 1979-89. William e. Whiston Adjunct Instructor in Finance BPS, Pace University; MBA, New York University. Chief Financial Officer, Archdiocese of New York, 2002-present; Executive Vice President, Head Not-for-Profit Banking, Allied Irish Bank PLC, 1973-02. Joseph Zirpolo Adjunct Lecturer in Finance BA, Ursinus College; MBA, Fordham University. Vice President, J.P. Morgan, 1989-02. 0 fordham univerSity Facilities and Services university Student activities office (Sao) The Graduate School of Business’s Office of Program Management works closely with the Fordham University Student Activities Office (SAO) to provide services, such as a New York City resource center; an off-campus housing list; a shuttle service between Fordham campuses; discount and complimentary tickets to Broadway and Off-Broadway shows; locker rentals; validation of discount parking tickets; and discount movie tickets. The SAO also offers a poster enlargement service that Business student organizations can utilize and provides permission for Business School offices and student organizations to post notices on floors other than the Business floor. Located in Room 408, 113 West 60th Street, the Student Activities Office telephone number is (212) 636-6250. student activities office hours monday to thursday Friday 10:00 am to 7:00 pm 10:00 am to 5:00 pm microcomputer center The MicroComputer Center (MCC) is located in the SL23 Computer Complex in the Lowenstein Building, 113 West 60th Street (street level). The Center comprises three classrooms and two public access areas, one with a bank of NCD terminals and the other with personal computers (PC and Macintosh). The MCC, which is maintained by the Instructional Technology Center (ITC), serves as the primary computing center for the Lincoln Center campus and as such, offers a wide range of hardware and software for use by the academic community. Support is provided for two different computing platforms: the University’s multi-use minicomputers (VAX/VMS) and networked microcomputers (both PCs and Macintoshes). All computers are linked via the University’s enterprise network, which can be accessed from any station throughout all three campuses of the University (Lincoln Center, Rose Hill, and Tarrytown). Graphics-enabled Network Computing Devices (NCDs) are located along the west wall of the hallway leading into the MicroComputer Center. These terminals are available 24/7 and are used for e-mail, Internet connection, access to programming languages, and instructors’ information hosted on the minicomputer system. A wide variety of software is provided, including business applications (word processors, spreadsheets, etc.); programming languages; statistical packages; utilities; text editors and text formatters; Internet connectivity; and graphical e-mail capabilities. Computer use is open to all registered Fordham University students. The MicroComputer Center facilities and resources are available to all members of the Fordham community who present a valid Fordham University ID Card. The Office of Computer and Information Management Systems (CIMS) maintains and operates the Computer Center. An academic user’s manual that outlines policies and procedures for using Fordham’s computers can be purchased at the University bookstore. The Computer Center’s telephone number is (212) 636-6095. microcomputer center hours monday to thursday Friday saturday and sunday 9:00 am to 10:00 pm 9:00 am to 8:00 pm 12:00 noon to 6:00 pm library The Quinn Library at 113 West 60th Street, Room SL 11, has extensive reference materials, books, and most of the important periodicals in the areas of business economics, including the Wall Street Journal and The New York Times available electronically and on microfilm. The staff is available to assist students in their research, and the entire collection is accessible through an online catalog. The Quinn Library supports in-depth business research through many online databases, including: LexisNexis®, a source of full-text news, business, and legal information; Disclosure Database®, providing comprehensive financial data on publicly traded U.S. and overseas companies; Investext®, a source of company and industry research; and Standard & Poor’s Netadvantage, which offers a broad spectrum of company and investment information. These databases can also be accessed off-site. library telephone numbers circulation reserve reference (212) 636-6062 (212) 636-6061 (212) 636-6050 Mr. Allan Halpern, the Business Librarian, can be reached at (212) 636-6059, as well as at Halpern@Fordham.edu. library hours monday to thursday Friday saturday sunday 8:30 am to 11:00 pm 8:30 am to 6:00 pm 10:00 am to 6:00 pm 12:00 noon to 11:00 pm the GBa technology center The GBA Technology Center is a technological resource for students that supplements the University’s other computer facilities and services. It supports applications of information and communication systems technology throughout the Graduate School of Business. Located in Lowenstein Center, 113 West 60th Street, Room 603, the Technology Center serves the School in several ways. It provides hardware and software for education projects, research, and experimentation, and also offers assistance with popular microcomputer software. Types of software available include: word processing, desktop publishing, spreadsheet, database, graphics, programming, communications, project management, modeling, and forecasting. Business School students may also use William D. Walsh Family Library on the Rose Hill Campus and the Gloria Gaines Memorial Library on the Tarrytown Campus. Graduate School of BuSineSS adminiStration 1 Additionally, the GBA Technology Center is equipped with LexisNexis®, First Call, and Bloomberg Financial Markets online databases, which enable students to obtain information on business news. Inquiries may be directed to the Center’s manager or staff, telephone (212) 636-6141. GBa technology center hours monday to thursday Friday saturday sunday 9:00 am to 10:00 pm 9:00 am to 8:00 pm 10:00 am to 6:00 pm 12:30 pm to 6:00 pm office of disability Services The Office of Disability Services works with students, faculty, and staff to ensure appropriate services for students with disabilities. Fordham University will make reasonable accommodations and provide appropriate auxiliary aids and services to assist otherwise qualified persons achieve access to its programs, services, and facilities in accordance with Section 504 of the Federal Rehabilitation Act of 1973 and Title III of the Americans with Disabilities Act of 1990. Applicants who have been accepted for admission, or current students who would like Fordham to accommodate a disability, are encouraged to contact the Coordinator of Disability Services, Christina Bertsch at (718) 817-4362. office of international Students The Office of International Students issues the certificate of eligibility needed to obtain a U.S. entry visa to students and exchange visitors from abroad. Serving as a resource for international students and scholars, the office facilitates adjustment to life in the U.S. through orientation and assistance with immigration matters, such as employment and travel authorization. Personal advice on banking, health insurance, and Social Security cards is available. In conjunction with the International Student Association, the office sponsors and provides access to programs to promote cross-cultural and international awareness. Federal regulations and Fordham University policy require that individuals in F and J status (including F-2 and J-2 dependents) have health insurance. All students will be automatically enrolled in Fordham’s health insurance plan and charged for health insurance each semester when they register. Students may waive Fordham’s policy by bringing a copy of their policy (in English) or insurance card to the office upon arrival. The policy must reflect amounts in U.S. dollars and meet the following minimum requirements: • $50,000 in coverage per accident or illness • $10,000 in coverage for medical evacuation to the student’s home country • $7,500 in coverage for repatriation of remains in the event of death • A deductible not to exceed $500 per accident or illness Students who are eligible to waive Fordham’s policy must remember to submit a new waiver every September that they are enrolled at Fordham. For more information, contact Sal Longarino, Director, 33 West 60th Street, 3rd Floor, at (212) 636-6270, or at the Rose Hill Campus, Keating Hall, Room 106, at (718) 817-3145. Graduate Student housing Fordham University maintains studio and one-bedroom apartments for graduate students on the upper east side of New York City. These apartments are close to major public transportation, supermarkets, and fine restaurants. Students living in these apartments also form a close community with other Fordham graduate students and gain valuable life experience. Further information can be found online at www.fordham. edu/business. campus ministries The Campus Ministries Office serves the entire community at Lincoln Center: students, faculty, staff, and administration. It seeks to foster the intellectual, social, and spiritual development of the Lincoln Center community. Its outreach is ecumenical: persons of all faiths are welcome. It is aware that questions of faith often arise in the business of academic life, and it is available to help individuals find answers. It offers spiritual direction, pastoral counseling, and a safe place to explore life’s questions. It provides opportunities for worship, retreats, and service. It collaborates with student clubs and outside organizations to provide events that help heighten the community’s awareness of God’s presence. People of all faiths are invited and welcome to enjoy the chapel’s peace and solitude. Campus Ministries is located at 113 West 60th Street, in Room 217, telephone (212) 636-6267. campus ministries hours monday to Friday 10:00 am to 6:00 pm counseling & Psychological Services Counseling & Psychological Services seeks to promote student development. Counseling Services is staffed by three psychologists, a consulting psychiatrist, and several doctoral students in clinical psychology. It provides individual counseling and psychotherapy in confidence and at no charge to help students who are experiencing personal problems. A referral list of private mental health practitioners and agencies is also available, as well as brochures and other literature on a range of topics. By appointment, a student may take the Strong-Campbell Interest Inventory and the Myers-Briggs Type Indicator. These tests can help in making academic, occupational, or personal decisions. Each semester Counseling Services offers small-group workshops on study skills, stress management, test anxiety reduction, time management, and interpersonal skills. Programs and lectures are also sponsored throughout the academic year on mental health topics. Counseling & Psychological Services is located in the McMahon Lincoln Center Residence Hall, 155 West 60th Street, Room 211, telephone (212) 636-6225. counseling & Psychological services hours monday to thursday Friday 9:00 am to 7:00 pm 9:00 am to 5:00 pm  fordham univerSity Career Services Office John B. hotard, Director laura S. Bassin, Associate Director John m. daly, Associate Director The Career Services Office (CSO) works with students on all aspects of career exploration, planning, and placement. Through its main office at 33 West 60th Street and a satellite office at Fordham’s Tarrytown campus, CSO seeks to meet the needs of all full-time and part-time students and alumni. Its goal is to prepare students for the lifelong task of assembling their own career portfolios. CSO offers individual career counseling sessions to help manage an existing career or explore new directions. Free vocational testing is available upon request. In addition, the Career Resource Library contains a collection of reference materials and vocational books. CSO offers a required Career Management Series of workshops for all students who choose to participate in the on-campus recruitment process. Workshops and panels related to the Career Series include: skills and values assessment, writing professional resumés and cover letters, job search strategies, mock interview practice, and salary negotiations. Career panels are also organized to bring Fordham alumni and recruiters on campus to discuss current industry trends and the wide range of positions available for MBAs at their firms. For more information, call CSO at (212) 636-7796. career Services office online CSO maintains an informative and interactive website. The site is easily accessed through the main Fordham Business website: www.fordham.edu/business. All students, part-time and full-time, from any location (home, office, or campus) can conveniently access the various programs of the Career Services Office online. Service: econtacts eJobs elibrary description: Comprehensive list of corporate contact information Posting of full-time and internship positions Customized interview preparation site designed by CSO for the exclusive use of Fordham Business MBAs Career resources grouped by company, concentration, and industry for jobs in the U.S. and overseas Electronically matches students by skills, interests, and availability to recruiters and employment opportunities On- and off-campus recruiting opportunities Database where students can create and update a resume 24/7 elinks eProfile erecruit eresumé corporate information Presentations Current students are offered the opportunity to meet with firms on campus and learn about companies directly from recruiter representatives or Fordham alumni. Presentations include the company’s history, industry, desired MBA candidate hiring procedures, training program description, and an indication of typical early career paths. Recent presentations have been given by Deloitte, Ernst & Young, Gallup Organization, GE Capital, KPMG, Merck, Novo Nordisk, Platform Learning, Standard & Poor’s, and Time Warner. Select emPloyerS of fordham BuSineSS GraduateS aiG american express Bank of america Bank of new york Bear Stearns Bloomingdales cBS central hudson Gas and electric citigroup church & dwight dannon deloitte ernst & young federal reserve Bank of new york forest laboratories Gallup organization Ge capital General motors henry Schein, inc. JP morgan chase KPmG lehman Brothers mBia mercedes Benz merck & co. merrill lynch moody’s investors Service mtv neuberger Berman novo nordisk Pharmaceuticals inc. Pfizer Pricewaterhousecoopers Sony music Standard & Poor’s thomson corporation time Warner inc. uBS financial Services inc. Graduate School of BuSineSS adminiStration 3 Admissions frank e. fletcher, Director cynthia Perez, Associate Director Joseph marode, Executive Secretary admission to deGree ProGrams Admission to Fordham’s MBA and MS degree programs is open to all qualified women and men who hold bachelor’s degrees or the equivalent thereof from accredited undergraduate institutions. The Admissions Committee considers a number of factors in evaluating an application: the applicant’s academic background, results of the Graduate Management Admissions Test (GMAT), professional resume, and quality of work experience, along with personal statements and recommendations. Although a personal interview is not required of MBA applicants, the Admissions Committee may request that the applicant meet with a committee member for a discussion of academic and professional background before an admissions decision is made. Applicants to the Deming Scholars MBA are required to schedule an interview before an admissions decision will be made. application Procedures and deadlines Applicants are admitted for the fall, spring, or summer trimesters. Applicants who wish to pursue their degrees on a full-time basis are encouraged to apply to the fall or spring trimesters. The self-managed application requires the applicant to gather and submit all required information in an envelope to the Admissions Office. Decisions are made on a rolling basis. The committee begins review of summer and fall applications in January. Applicants for the spring trimester are reviewed beginning in August. The application deadlines are outlined below. the Graduate management admissions test (Gmat) All degree applicants are required to submit the results of the GMAT. The Graduate Record Exam (GRE) and other standard examinations may not be substituted for the GMAT. The GMAT results are valid for five years. You may receive an application and information about the GMAT online at www.mba.com. test of english as a foreign language (toefl) The Test of English as a Foreign Language (TOEFL) is required of all applicants whose native language is not English and who have not received an academic degree from an English-speaking institution. TOEFL results are good for two years. Information about the test may be obtained online at www.ets.org/toefl. An international student may be required to take a language test administered at Fordham University’s ESL program to determine whether classes in English as a Second Language should be part of their required graduate business program of study. Princetonreview.com An online application option at www.PrincetonReview.com, is a fast, easy, and convenient way to manage and submit an application. Even if using this service, an applicant is still required to provide under separate cover: two letters of recommendation, an updated resume, and all transcripts. The remaining portions of the application, including the personal statements, can be submitted electronically with one click. There is no extra fee for using the service. Note that Accelerated Executive MBA and Certificate students cannot use PrincetonReview.com as an application option. aPPlication deadlineS for deGree ProGramS trimeSter aPPlication received By: Gmat muSt Be taKen By: toefl muSt Be taKen By: Fall (FUll- and Part-time) JUne 1* may 15 march sPrinG (FUll- and Part-time) novemBer 1* octoBer 15 JUly sUmmer (Part-time) march 1 FeBrUary 10 decemBer * Applicants requiring an F-1 Visa will need to submit their application materials at least one month prior to the published application deadline. If any part of the application is incomplete after the deadline, it may be reviewed for admission the next term. 4 fordham univerSity admission to the certiFicate and non-deGree ProGrams Admission to the Certificate Program for Advanced Study in Business and the Business Professional Program is open to anyone who has successfully completed an MBA or comparable degree. Students pursuing the Certificate in Taxation must meet the eligibility requirements outlined on page 52. A visiting student is one who is in the process of completing a graduate business degree at another AACSB-accredited school outside the New York City area and wishes to take graduate business courses at Fordham University that will be transferred to his/her home school. Applicants to all certificate and non-degree programs must complete application forms, submit graduate transcripts, a professional resumé, and a non-refundable $65 application fee. In lieu of a professional recommendation, a visiting student must submit a letter from his/her dean indicating that he/she is in good academic standing, with an approved list of courses and maximum number of credits acceptable for transfer. All visiting student applicants must be enrolled in an AACSB-accredited graduate program. Even though alumni of the Fordham Graduate Business School programs are guaranteed acceptance to the Certificate program, they are required to submit the application forms and the non-refundable $65 application fee. Non-degree application forms can be obtained by writing or calling: Admissions Office Fordham University Graduate School of Business 33 West 60th Street, 4th Floor New York, NY 10023 (212) 636-6200 email: admissionsgb@fordham.edu PortaBle mBa stUdies: JeBnet netWork oF JesUit colleGes & Universities Fordham University is a participating member of “Jebnet,” the Network of MBA Programs of Jesuit Colleges and Universities. In response to part-time students whose professional responsibilities require them to relocate to other parts of the United States, Jebnet provides students with the opportunity to complete their degree requirements at a cooperating institution. Students can complete their MBA requirements without the loss of significant credits that can occur when transferring between schools. The 23 institutions in the network include: Boston college canisius college creighton University Fairfield University Fordham University Gonzaga University John carroll University loyola college in maryland loyola marymount University loyola University chicago loyola University new orleans marquette University saint Joseph’s University saint louis University santa clara University seattle University University of dayton University of detroit mercy University of Portland University of san diego University of san Francisco University of scranton xavier University Students must be accepted to the partner school in order to benefit from this program. Fordham students who have completed less than half of their core and elective courses at the time of a move will receive their degrees from the university to which they move. If they have completed more than half of their degree requirements, they will complete the Fordham degree requirements at the Jebnet school nearest their relocation. Fordham MBA students who are moving to other cities before completing their degrees must contact the Office of Program Management, (212) 636-7202. More information is available on the Jebnet website at www.jebnet.org. Students from other Jebnet schools wishing to attend the Fordham Graduate School of Business should contact the Admissions Office, (212) 636-6200 or admissionsgb@fordham.edu, for details on program requirements and the application process. aPPlication deadlineS for non-deGree ProGramS trimeSter aPPlication received By: Fall aUGUst 1 sPrinG decemBer 1 sUmmer aPril 1 Graduate School of BuSineSS adminiStration 5 Tuition and Fees Tuition The University and its Board of Trustees reserve the right to adjust, without notice, the following charges to reflect economic conditions. The following are the charges effective for the academic year 2005-06. application tuition per credit international student service (per term) study abroad University General technology access transcript, per copy Waiver examination replacement of Picture id card maintenance of matriculation Graduate Business orientation Finance charge on overdue Balances (per month) $65 $825 $16 $250 $76 $53 $5 $100 $25 $40 $25 1.5% Financial Aid Financial assistance is available to students who are enrolled for six or more credits in degree programs. Full-time students may receive graduate assistantships and/or loans. Part-time students may choose from a variety of loan programs. GradUate assistantshiPs Full-time students (those registered for 12 or more credits) are eligible to participate in the Graduate Assistantship Program. Students receive partial tuition payment in exchange for working for an administrator or providing research support for a faculty member. The assistantships are assigned as either 150 hour (10 hours per week, per term) or 300 hour (20 hours per week, per term). During their MBA studies, full-time students can participate in a maximum of three 300-hour or six 150-hour assignments. A Graduate Assistant Application must be submitted to the Graduate School of Business Admissions Office for consideration. For more information, please go to the School of Business website at www.fordham.edu/business. the Federal stUdent aid aPPlication Process (FaFsa) The Graduate School of Business Administration at Fordham University uses the Free Application for Federal Student Aid (FAFSA) to determine the financial need of each student. Students must submit a Student Aid Report (SAR) to the Fordham University Financial Aid Office to be considered for any loan. This process takes four to six weeks. Students seeking financial aid for the 2004-05 academic year should submit a Free Application for Federal Student Aid (FAFSA) to the Federal Student Aid Programs as early as possible. FAFSA forms are available at the Fordham University Office of Student Financial Services, Lowenstein Center, Room 203, 113 West 60th Street, New York, NY 10023. Other application forms may be necessary, depending upon the aid program. FAFSA online makes the paperless Federal Student Aid application possible. Students using a PC equipped with a Windows operating system and a modem can download and transmit an electronic FAFSA directly to the Department of Education. Students can access FAFSA online at www.fafsa.ed.gov. Graduate aSSiStantShiP ProGram fall 005 – Summer 006 value of aSSiStantShiP tuition coSt for 15 creditS tuition coSt (15 creditS) minuS aSSiStantShiP tuition coSt for 1 creditS tuition coStS (1 creditS) minuS aSSiStantShiP 150- hoUr assistantshiP $3,510 $12,375 $8,865 $9,900 $6,390 300-hoUr assistantshiP $7,020 $12,375 $5,355 $9,900 $2,880 6 fordham univerSity Loans and Scholarships new york State tuition assistance Program (taP) Students who have been New York State residents for at least 12 months prior to the beginning of the semester for which they are applying may be eligible for this grant. TAP awards vary depending on New York State taxable income levels and tuition costs. Students must submit a FAFSA before an Express Tap Application (ETA) is sent to them directly from New York State Higher Education Services Corporation. Applications and further information on the TAP Program are available from Fordham University Office of Student Financial Services or New York State Higher Education Services Corporation, 99 Washington Avenue, Albany, NY 12255. Gradexcel loans This educational loan program is sponsored by Nellie Mae, a private, non-profit organization. Students may borrow from $2,000 to $20,000 a year. Interest rates are based on the prime rate plus 2% to 4%. Borrowers may choose between two variable interest-rate options. Repayment of principal and interest may be deferred while enrolled at least half-time. Additional information and applications are available at Fordham University Office of Student Financial Services or by contacting Nellie Mae directly at (800) 634-9308. citiassist loans The CitiAssist Loan is an educational loan program that can assist students in meeting educational costs that exceed the Federal Stafford Loan Program’s annual limits. The CitiAssist Loan offers benefits such as no loan fees, special interest rates for Fordham students, no payments while in school, flexible repayment options, a co-signer release option, and flexible loan limits allowing students to borrow costs of attendance minus financial aid. There is no minimum loan amount. fordham GBa loan Program This loan program, serviced through EduServe Financial Services, is available to graduate business students who need additional funds to supplement Stafford Loans or tuition reimbursement plans. The program allows students who are enrolled in at least six credits at the time of application to borrow up to $5,000 per academic year at an interest rate of 8%. The interest does not accrue while a student is enrolled for six or more credits per semester. Awards are based on availability of funds. Interest and principal payments begin after a nine-month grace period following graduation or if enrollment drops below six credits per semester, excluding official leaves of absence. Additional information and applications are available through the Graduate School of Business, Office of Admissions, 33 West 60th Street, 4th Floor, New York, NY 10023. Loans the federal Stafford loan Program The Federal Stafford Loan Program is offered through commercial banks, savings and loan associations, and credit unions, and is guaranteed by state agencies. Students who are matriculated and enrolled in six credits or more per semester may borrow up to $18,500 annually with an aggregate lifetime maximum of $138,500. The aggregate lifetime maximum limit includes outstanding undergraduate and graduate Federal Stafford Loans. To qualify, the student must be a United States citizen or permanent resident matriculated and enrolled in at least six credits at the time of the application. All Federal Stafford Loan applicants are required by Federal regulations to complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility. The FAFSA form may be filed online at www.fafsa.ed.gov. A link to the FAFSA on the Web as well as the Loan Request Form is available online at www.fordham.edu by linking to the Financial Aid page. FAFSA applications, Graduate Loan Guides, and Loan Request Forms are also available from the Fordham Office of Student Financial Services. Graduate School of BuSineSS adminiStration  Scholarships mBa loans This commercial loan is available specifically for graduate business students who need additional funds to supplement the Stafford Loans. Students who are enrolled for at least six credits per trimester may apply for up to $15,000 annually to a cumulative maximum of $30,000. Interest payments are made quarterly while the student is in school. Principal payments are deferred while the student is enrolled for at least six credits. Additional information and application forms are available from the Fordham University Office of Student Financial Services, Room 203, 113 West 60th Street, New York, NY 10023, or by writing to MBA Loans 337, P.O. Box 64337, St. Paul, MN 55164. the fordham tuition Budget Plan Participants in this plan can divide their annual tuition and fees into 10 equal installments. This no-interest budget plan requires a $50 application fee. Applications will be accepted anytime before June 1 for the upcoming academic year. Additional information and applications are provided by the Fordham University Office of Student Financial Services, or by contacting Knight Tuition Payment Plans, 855 Boylston Street, Boston, MA 02116-2611, telephone: (800) 225-6783. tuition reimbursement Plans Employees of firms with tuition reimbursement plans are required to pay tuition and fees personally by the invoice due dates unless official written authorization for direct billing to the employer is presented to the Fordham University Office of Student Financial Services. alumni association Scholarship This scholarship, established by Fordham’s Graduate School of Business Alumni Association, is awarded annually to a Business student with outstanding academic credentials and demonstrated community service to the School and its alumni. financial Women’s association Scholarship The Financial Women’s Association of New York provides an annual scholarship to a second-year female Business student majoring in finance. The Scholarship Committee selects the recipient based on her academic merit, financial need, and leadership ability. minority stUdent scholarshiPs hitachi fellowship Hitachi America, Ltd. has endowed a fellowship to provide assistance to a full-time, second-year minority student. Hitachi Fellows are selected by the Minority Scholarship Awards Committee based on academic merit and financial need. Xerox fellowship Established by a grant from the Xerox Foundation, this fellowship is awarded annually to a full-time, first-year minority MBA student. The Minority Scholarship Awards Committee selects recipients based on academic merit and financial need. fordham BuSineSS deanS and directorS.  fordham univerSity Academic Policies and Procedures oFFice oF ProGram manaGement donna covington-hargrove Assistant Dean and Director of Academic Advising marisa macaluso Associate Director, Program Management roseanne conte Manager of Scheduling/School Surveys candice height BiMBA Coordinator linda mast Executive Secretary, Program Management The policies and procedures explained in this section are indispensable to a student’s orderly progress through the MBA or MS degree program. Students needing clarification of, or assistance with, any item in this section should consult the Office of Program Management, 33 West 60th St., 4th Floor, (212) 636-7202. orientation All students matriculating at the School are required to attend an orientation that carefully reviews regulations and procedures. In addition, faculty and administrative staff are available for individual consultations. academic advising Academic advising is offered prior to and during each registration period. All students are strongly encouraged to take advantage of this process. Advising is also available on an ongoing basis for any student who wishes to check his or her progress toward completion of the degree requirements. Students planning their final trimester must see an academic advisor. all students are encouraged to attend the academic advising sessions offered by the office of Program management, 33 West 60th street, 4th Floor, (212) 636-7202. course load The normal course load for a full-time student is four or five courses (12 or 15 credits) per trimester. Foreign students with a student Visa must register for a minimum of three courses (9 credits) to be in compliance with the requirements of the F1 Visa. Part-time students usually take two courses (6 credits) per trimester, but course loads vary depending upon a student’s responsibilities outside the program. A student must register for at least six credits to be eligible for loans. Students employed full-time are advised to register for no more than three courses (9 credits) per term. maintaining matriculation All students must register each trimester to be in continuous attendance at the Graduate School of Business. Students in good standing who are unable to register for classes in a specific term, regardless of the reason, must register to maintain matriculation status for that term. Students are permitted to maintain matriculation for a maximum of six trimesters, as long as all degree requirements are completed within six calendar years of matriculation (first term of entry). Any student who does not register either for regularly scheduled classes or for maintaining matriculation may be withdrawn from the program. An exception to this policy is made for joint-degree students when they are registered for classes at their other program (i.e., JD/MBA; MBA/MIM). academic advising outline Following the receipt of a letter of acceptance, students will receive a second mailing from the Office of Program Management. This mailing will include an Academic Advising Outline that lists the degree requirements for the student’s specific concentration. It will list the prerequisite courses for those in need of proficiency in mathematics, statistics, or managerial economics (microeconomics); the core required courses; and, in the case of the general MBA program, the number of credits necessary to meet concentration and elective requirements. Graduation is contingent upon completing coursework outlined in the Academic Advising Outline. This program is established in accordance with the policies and requirements in effect on the date of the student’s first registration. Since the School has occasionally changed its degree requirements, it is particularly important that students follow their Academic Advising Outline, as it may differ from the programs outlined in this edition of the Bulletin. Graduate School of BuSineSS adminiStration  academic PolicieS and ProcedureS registration and Payment Policy Before attending any class, students must complete the required online registration during the time designated on the academic calendar for trimester registration. This includes a statement of the courses the student plans to attend, together with other information necessary for University records. No student registered in the Graduate School of Business shall at the same time be registered in any other school or college, either at Fordham University or elsewhere, without the consent of the Associate Dean of Student Services. All registration materials are posted on our website three weeks prior to registration. Students who meet the registration deadline will receive an invoice from the Bursar’s Office requiring payment by a specified date. A late payment fee is assessed if full payment or a satisfactory payment arrangement is not made by the due date. Tuition and fees must be paid on or before the due date. The University reserves the right to cancel registration, or bar further registration and not release any transcript or record, until all financial obligations are satisfied. Delinquency of outstanding balances, including those from deferred or other payment plans, are subject to collection by the University or its designated agent. Students will be liable for any accounts. Checks should be made payable to Fordham University. There will be a $20.00 handling charge if a check is returned from the bank for insufficient funds or for any other reason. Should this occur, the University may require settlement of any subsequent obligations with cash or a certified check. change of address It is necessary to notify both the Office of Program Management and the Office of Enrollment Services promptly of any change in home or business address. Change-of-address forms are available in the Office of Enrollment Services (Second Floor). inStitutional refund Policy (tuition) date of WithdraWal First Week oF term second Week oF term third Week oF term FoUrth Week oF term FiFth Week oF term sixth Week oF term due fordham 0% 30% 45% 60% 75% 100% refund 100% 70% 55% 40% 25% 0% federal refund calculation (tuition) date of WithdraWal Prior to start oF term Prior to second Week oF term Prior to FoUrth Week oF term Prior to eiGhth Week oF term aFter the eiGhth Week oF term due fordham 0% 10% 50% 75% 100% refund 100% 90% 50% 25% 0% hea Pro rata refund Policy (tuition) date of WithdraWal Prior to start oF term Prior to second Week oF term Prior to third Week oF term Prior to FoUrth Week oF term Prior to sixth Week oF term Prior to eiGhth Week oF term Prior to ninth Week oF term aFter the ninth Week oF term due fordham 0% 10% 20% 30% 40% 50% 60% 100% refund 100% 90% 80% 70% 60% 50% 40% 0% 0 fordham univerSity Student identification cards All members of the Fordham University community are required to have the University ID Card in their possession while present at the University facility. ID Cards must be surrendered upon request of clearly identified University personnel in the performance of their assigned duties. This includes campus security. The schedule for obtaining an ID Card is posted prior to every registration period. course changes (add/drops) Students who make course changes after online registration is closed may be subject to fees and penalties for withdrawing from courses or for making numerous changes in their initial registration: • During the first week of classes, students may drop a course without being penalized. • If a student drops and subsequently adds a course during the first week of classes (or the add/drop period), there will be no financial penalty. WithdraWals and reFUnds The University’s refund policies and procedures ensure equitable refunds to students who withdraw from all or a portion of their studies or when payment is in excess of the total charges (see chart, left). Application fees are not refundable. Registration, late payment, student activities, laboratory, maintenance of matriculation, and other special fees are not refundable after classes begin. A student is considered withdrawn from the University only if an official withdrawal form has been submitted to the Registrar’s Office. Withdrawal forms are available in the Office of Program Management and must be signed by the Associate Dean. The effective date of withdrawal will be the date this form is received by the Registrar’s Office, or in the case of withdrawal by mail to the Office of Program Management, the postmark date on the correspondence. A refund request must be submitted to the Bursar’s Office. Refund checks are mailed to a student’s permanent address unless otherwise specified. No refunds will be processed until the University has received funds from third-party payers (i.e., employers, governmental agencies, payment plan services). Students who are withdrawing should contact the Bursar’s Office and/or the Financial Aid Office for counseling regarding the effect withdrawal has on balances due to the University and financial aid. The refund calculation is based on the following circumstances: 1. First-time and continuing students not receiving Title IV (Federal) assistance are subject to the Institutional Refund Policy. 2. For continuing students receiving Title IV assistance, refunds must be calculated using both the Federal policy and the Institutional policy. The calculation that gives the largest refund to the Federal programs must be applied. 3. First-time students attending Fordham University, receiving Title IV assistance, and withdrawing during the first nine weeks of the term are subject to a Federal Pro Rata Refund Calculation as mandated by the Higher Education Amendments (HEA) of 1992. 4. Students who received aid as cash must repay those aid programs. Note: for students who received Title IV assistance, refunds must be returned to the programs in the following order: Unsubsidized Stafford Loan; Subsidized Stafford Loan; Plus Loan; Perkins Loan; Pell; SEOG; other Title IV aid; other Federal aid; Fordham Grants and Scholarships; TAP; other student aid. The following refund policies are based on 100 percent tuition payment. The refund period begins the first day of the term. The refund is reduced by an administrative fee equal to the lesser of five percent of tuition charges or $100.00. refund Policy appeal Process A student may request an appeal by writing to the Office of Program Management. The request should include all relevant information describing the special circumstance upon which the appeal is based. microcomputer Policy Courses in all areas require the use of microcomputers. Although the Graduate School of Business and Fordham University both provide microcomputer facilities on campus, students are urged to acquire or have access to a personal computer for word processing and business analysis. To assist students, the Technology Center evaluates and recommends particular software and hardware configurations. It also provides training in popular microcomputer software. Further information is available from the Technology Center at (212) 636-6141. Graduate School of BuSineSS adminiStration 1 academic PolicieS and ProcedureS Classes, Grades & Degree Progress class attendance While each instructor determines the policy governing class attendance, the School expects that all students will attend class regularly. Any student who is absent for more than two weeks should contact the Office of Program Management at (212) 636-7202 or by email at gbastudents@fordham.edu. cancellation of classes If classes are cancelled because of weather, the Office of the Vice President of Administration will transmit the message to the University Weather Emergency numbers: (800) 280-SNOW and (212) 636-7777. The University’s radio station, WFUV (90.7 FM), will make announcements every 15 minutes. Separate announcements will be made for the Tarrytown campus. Cancellation of classes does not necessarily mean the University is closed. Even though classes may be cancelled, all other academic and administrative services and functions in the University are expected to be open according to their regular schedules. If, owing to weather conditions, a decision is made to close the University prior to the start of the work day, that determination will be made by the Office of the Vice President of Administration and will be communicated via the University’s switchboards and radio stations WFUV (90.7 FM). Grades The grading system consists of the following six grades; the numbers assigned to each grade appear on the student’s transcript. a B+ B c d f 4.0 3.5 3.0 .0 1.0 0.0 eXcellent very Good Good PaSSinG marGinally PaSSinG failure academic Standing Students are expected to earn grades of C or higher for all courses taken at the Business School. However, an overall grade point average of 3.0 is required for graduation. Only two grades of D are accepted for a degree, and these must be offset by B, B+, or A. Any student who receives more than two grades of F will be dismissed from the program. Students must repeat all required courses in which a grade of F is received. Each trimester the Office of Student Services reviews every student’s academic progress and standing. Those whose work falls below the required 3.0 will be placed on academic probation for a period of three trimesters. If, at the end of the probationary period, a student has not raised his or her index to the required level, he or she may be dismissed from the program. The following symbols are also entered on student records: inc: incomplete. indicates that a course requirement has not been met. changed to F unless resolved by the deadline specified in the academic calendar. absent from final examination. indicates that the student was absent from the final examination. changed to F unless resolved by the deadline specified in the academic calendar. Withdraw. indicates withdrawal from a course with permission. audit. indicates registration for a course with no degree credit. no Grade reported. changed to F unless resolved by the deadline specified in the academic calendar. aBS: W: aud: nGr: Note: A failure is not removable from the record, although credit can be obtained by repeating the course with a passing grade. incomplete (inc) A grade of INC is given to a student who has met all the requirements of a course, except for completion of certain assigned papers or reports that the student has been compelled to postpone for reasons beyond his or her control. These reasons must be satisfactory to the instructor. The missing coursework and the course grade must be submitted within 45 days of the last scheduled day of examinations. Failure to do so will result in an F. Students are advised to confirm with the instructor that a grade change has been submitted to the Office of the Associate Dean of Student Services. Grades will not be changed after the deadline.  fordham univerSity deferred examinations (aBS) A student who has been prevented by illness or other serious circumstance from taking the final examination will receive an ABS on his or her grade report for the term provided that: (1) the student has, prior to the examination, informed the instructor, preferably in writing, of the reason for the absence; and (2) the instructor judges the student’s attendance and progress during the trimester to be satisfactory. Deferred examinations are administered through the Enrollment Services Office during the Fall and Spring terms. The Office of Program Management administers the deferred exam in the Summer trimester. A grade of ABS must be removed within 45 days of the last scheduled day of examination; otherwise, the grade automatically becomes an F. Students are advised to confirm with the instructor that a grade has been submitted to the Office of Program Management within the deadline. Grades will not be changed after the deadline. Students are sent corrected grade reports by Enrollment Services. change of Grade The deadlines for changing an INC or ABS grade are stated in the preceding sections. The deadline for any other grade change is 60 days from the issue date printed on the student’s grade report. academic ethics All work presented by a student to fulfill course requirements is expected to be the student’s own. If a faculty member finds evidence to the contrary, he or she is responsible for establishing the appropriate penalty. This can include a grade of F for the course. Grievance Procedure for discrimination Any enrolled student has the right to bring a grievance for alleged discriminatory treatment on the part of any Fordham administrative office, department, or procedure, or by any student organization. The student alleging discriminatory treatment has the right to prompt investigation of the charges, resulting in redress of grievances where cause is found. Internal grievance channels provide for the investigation and adjudication of charges by members of the Fordham community. Two internal procedures have been established: one for grievances in academic matters and a second in nonacademic matters. In either instance, in order to be valid, a grievance must be filed within 30 days of the action against which the grievance is directed. Further details concerning these procedures are available from the Associate Dean of Student Services, 33 W. 60th St., 4th Floor, (212) 636-6105, or mounty@fordham.edu. discipline All students in the Graduate School of Business Administration are governed by the provisions of the University Code of Conduct adopted by the faculty. A copy of the code is available in the Student Activities Office, 113 West 60th Street, Room 408. Students should be familiar with its contents. A student’s continued enrollment and graduation, the awarding of academic credits, and the granting of any certification or degree are strictly subject to the disciplinary powers of the University. The University reserves the right in its discretion at any time to cancel a student’s registration, to refuse to award academic credits, or to deny a certification or a degree. The disciplinary authority of the University is vested in the President of the University in such cases as he or she deems proper and, subject to the reserved powers of the President, in the deans or other officers upon whom jurisdiction may from time to time be conferred. Student Records and Policy This section is not intended to be a complete listing of Fordham University guidelines and policies. For a more specific explanation and discussion of this section, write to the University Registrar, Fordham University, Bronx, NY 10458. fordham university notification of rights under the family educational rights and Privacy act (ferPa) FERPA affords students certain rights with respect to their education records as follows: (1) the right to inspect and review the student’s education records within 45 days of the day the University receives a written request for access. A student should submit to the Registrar’s Office at the Rose Hill Campus or the Lincoln Center Campus a written request that identifies the record(s) he or she wishes to inspect. The Registrar’s Office will make arrangements for access and notify the student of the time and place where the records may be inspected. (2) the right to request amendment of the student’s education records that the student believes are inaccurate or misleading. A student may ask the University to amend a record that he or she believes is inaccurate or misleading. The student should write the University Registrar clearly identifying the part of the record he or she wants changed, and specifically why it is inaccurate or misleading. If the University decides not to amend the record as requested by the student, the University will notify the student of the decision and advise the student of his or her right to a hearing regarding the request for amendment. Additional information regarding the hearing procedures will be provided to the student when notified of the right to a hearing. Graduate School of BuSineSS adminiStration 3 Graduation (3) the right to consent to disclosure of personally identifiable information contained in the student’s education records, except to the extent that FerPa authorizes disclosure without consent. One of the exceptions which permits disclosure without consent is disclosure to school officials with legitimate educational interests. A school official is a person employed by the University in an administrative, supervisory, academic or research, or support staff position (including law enforcement unit personnel and health staff); a person or company with whom the University has contracted (such as an attorney, auditor, or collection agent); a person serving on the Board of Trustees; or a student serving on an official committee, such as on a disciplinary or grievance committee, or assisting another school official in performing his or her tasks. A school official has a legitimate educational interest if the official needs to review an education record in order to fulfill his or her professional responsibility. Upon request, the University also discloses educational records without consent to officials of another school in which a student seeks or intends to enroll. (4) the right to file a complaint with the U.s. department of education concerning alleged failures by Fordham University to comply with the requirements of FerPa. The name and address of the Office that administers FERPA is: Family Policy Compliance Office U.S. Department of Education 600 Independence Avenue, SW Washington, D.C. 20202-4605 directory information The University, at its discretion, may provide the following directory information: student’s name, address, and telephone number; date and place of birth; major field of study, dates of attendance, degrees and awards received; the most recent previous educational institution or agency attended by the student; participation in officially recognized activities and sports; the weight and height of members of athletic teams; and similar information. A student who wishes the University to withhold directory information from disclosure must notify the University Registrar in writing within ten days after the first day of class each semester. degree requirements The Graduate School of Business awards the MBA in Accounting, MBA in Professional Accounting, MBA and MS in Taxation and Accounting, MS in Taxation, MBA in Communications and Media Management, MS in Communications and Media Management, MBA in Finance, MBA in Information Systems, MS in Information Systems, MBA in Management Systems, and MBA in Marketing degrees only upon completion of the degree requirements set forth in the Bulletin, as specified or qualified in a student’s Official Academic Advising Sheet. A student should consult with the Director of Academic Advising Services prior to registering for a final term to be certain that all degree requirements will have been met by the term’s end. time limit for degree The School expects that MBA degree requirements will be completed within six years of a student’s matriculation. This time period includes any leave of absence. The School also expects that students will be current in the content of the MBA degree program at the time the degree is awarded. For this reason, in exceptional cases when students are permitted to exceed the six-year time period, additional coursework may be necessary. Graduation Students can graduate in September, February, or May. The School conducts diploma distribution exercises only in May. September or February graduates are encouraged to attend the May ceremony. To be considered for graduation, a student must file a Candidate for Degree Card with the Office of Program Management by June 1 (September graduate), November 1 (February graduate), and by February 1 (May graduate). Approval for graduation is given only when degree requirements, the minimum residency, and the time limit for the degree have been met. transcript of record An official transcript is one bearing the seal of the University. Official transcripts are not given to students or graduates but are mailed directly to institutions or persons considering the applicant for admission or employment. An unofficial transcript is one given to the person whose credits are listed thereon and marked “unofficial.” The University accepts no responsibility for the accuracy of an unofficial transcript after it has been issued. Transcripts may be requested from Enrollment Services in person or in writing. The mailing address is: Enrollment Services, 113 West 60th Street, Second Floor. They should be requested well in advance of the date desired. No transcripts or certifications will be issued for students who have unpaid financial obligations to the University. Fordham University does not assume responsibility for transcripts that are delayed because they have not been requested in time. 4 fordham univerSity Awards and Honors Student Awards the dean’s list This designation is awarded to a student who has achieved a perfect 4.0 Grade Point Average in the completion of the Fordham MBA or MS degrees. the dean’s award for Service Given, as warranted, to a student who has demonstrated, through service to the institution, outstanding leadership and support for the goals and objectives of the School. the GBa alumni association awards Given to two students, one from the Lincoln Center campus and one from the Marymount campus. Each student who receives this award embodies the values of the Graduate School of Business by combining high personal standards with academic excellence. the mBa Student leadership award Given by the Student Advisory Council to the student or students who demonstrate outstanding support for the missions of the School’s student organizations. the Professor irving S. friedman award Given to honor the memory of one of the School’s most distinguished adjunct faculty members. It is awarded annually to the student whose leadership and academic accomplishment in the field of international business warrant special recognition. the Sylvia Westerman award This award, named after a woman of insight and humor whose planning helped shape the Graduate School of Business, is given to the student whose leadership and capacity for strategic planning warrant special recognition. the roy h. Pollack field Study Program consulting award This award is named for an outstanding engineer and business executive who helped shape our country’s electronics industry. While at Fordham Business, Roy H. Pollack developed our Field Study Program. This award recognizes a particular team of students for their superb work in a consulting project. an mBa Graduate of ‘05 maKeS Sure hiS name iS SPelled correctly. Faculty Awards the Gladys and henry crown award for faculty excellence Given to the full-time faculty member whose exceptional performance and devotion to the school’s ideals and goals warrant extraordinary recognition. The three graduating classes of each academic year choose a member of the faculty to receive this award. the dean’s award for faculty excellence Given to the adjunct faculty member whose exceptional performance and teaching warrant extraordinary recognition. The three graduating classes of each academic year choose adjunct faculty member to receive this award. Honor Societies Beta Gamma Sigma The national honor society for business students is comparable to Phi Beta Kappa in the arts and Sigma Xi in the sciences. The Fordham Business School participates through the Zeta of New York Chapter. Graduating students of outstanding academic accomplishment are nominated for membership. Beta Gamma Sigma is the highest scholastic honor that a graduate business student can achieve. alpha Sigma nu This is the most prestigious honor society of Jesuit institutions of higher education. Membership is limited to students in the top 15 percent of their class and who possess the outstanding qualities of scholarship, loyalty, and service. alpha mu alpha The national honor society for students of marketing is sponsored by the American Marketing Association. Only marketing students of high academic achievement who attend an institution accredited by the AACSB International, the Association to Advance Collegiate Schools of Business, are eligible for membership. Students ranking in the top 20 percent of MBA students who concentrate in marketing are nominated for this honor. omicron delta epsilon Only students with the highest scholastic achievement in the areas of economics and finance are recognized for admission to this international economics society. Phi Kappa Phi A national interdisciplinary honor society, Phi Kappa Phi admits students of high academic achievement from all the academic and professional colleges and schools of the University. A small number of students from each graduating class are nominated for membership. Who’s Who among Students in american universities and colleges Recognizes outstanding campus leaders for their scholastic and community achievements. Only students whose academic standing, participation in extracurricular activities, and community service are decidedly above average are considered for this honor. Graduate School of BuSineSS adminiStration 5 Directories Fordham at Lincoln Center The School’s Lincoln Center campus occupies the area from West 60th Street to West 62nd Street, between Columbus and Amsterdam Avenues in the Borough of Manhattan, New York City. The entrance to the Leon Lowenstein Center is on Columbus Avenue at 113 West 60th Street. Offices and classrooms of the Graduate School of Business are on the sixth floor. Additional offices are located at 33 West 60th Street, fourth floor. Each facility is near the Columbus Circle subway station at 59th Street. The building at 33 West 60th is one half-block west between Central Park West and Columbus Avenue; the Leon Lowenstein Center is an additional half-block west on the corner of 60th Street and Columbus Avenue. The following subway lines serve the 59th Street Columbus Circle Station: A, B, C, D,1, and 9. Buses servicing the area include M5, M7, M10, M11, M31, M57, and M104. For students commuting from outside New York City, the Port Authority Bus Terminal, Pennsylvania Station (Amtrak, New Jersey Transit, and the Long Island Railroad) and Grand Central Terminal (Amtrak and Metro-North Commuter Railroad) are short rides from the campus via bus, subway, or taxi. By car, the most convenient access to Lincoln Center is the 79th Street Exit of the West Side Highway, continue south to 65th Street. Fordham at Tarrytown Fordham at Tarrytown is located on the Marymount campus on Neperan Road, off Route 9 (Broadway), in the village of Tarrytown, Westchester County, New York. The Hudson line of the Metro-North Commuter Railroad stops at Tarrytown about a mile south of the Marymount campus. Taxis are available at the station. By car, the campus is easily reached via Route 9, the New York Thruway, the Cross Westchester Expressway, and the Taconic, Sprain Brook, and Saw Mill River Parkways. Note: Records of Tarrytown students are centrally located at the Lincoln Center administrative offices. Please refer to the Lincoln Center Directory for office locations and telephone numbers. oFFices at 113 West 60th street, neW york, ny 10023 adminiStrative officeS room telePhone oFFices at 33 West 60th street, neW york, ny 10023 academic officeS room telePhone technology center center for communications Faculty services Fax dean 603 503 616 (212) 636-6141 (212) 636-6146 (212) 636-6150 (212) 765-5573 Program management 4th Floor Fax e-mail: gbastudents@fordham.edu 4th Floor admissions Fax e-mail: admissionsgba@fordham.edu career Services 4th Floor 4th Floor 4th Floor (212) 636-7202 (212) 636-7144 (212) 636-6200 (212) 636-7076 (212) 636-7796 (212) 636-7915 (212) 636-7975 624 (212) 636-6111 academic officeS room telePhone Student advisory council legal and ethical Studies accounting and taxation communications and media management Finance information systems management systems marketing 602 503 616B 604d 616a 626d (212) 636-6127 (212) 636-6144 oFFices at tarrytoWn (212) 636-6157 (212) 636-6183 (212) 636-6154 (212) 636-6176 Fordham Graduate center assistant dean Francis Petit computer lab Gloria Gaines memorial library Bookstore rita hall north hall - 202 (914) 332-6000 (914) 332-8385 (914) 332-8308 north hall - 205 (914) 332-6011 adminiStrative officeS room telePhone 6 fordham univerSity Graduate School of Business Calendar 2005–2006 Fall 2005 sePtemBer 5 (m) 6 (t) 13 (t) laBor day – University closed classes BeGin (100% reFUnd) last day oF 100% reFUnd Spring 2006 JanUary 3 (t) 3 (t) 10 (t) 16 (m) University re-oPens classes BeGin (100% reFUnd BeGins) last day oF 100% reFUnd University closed – martin lUther kinG day 18 (W) 55% reFUnd BeGins 20 (F) additional session For monday classes dUe to martin lUther kinG day 25 (W) 40% reFUnd BeGins Summer 2006 may 1 (m) 8 (m) 9 (t) 16 (t) 23 (t) 23 (t) 29 (m) 30 (t) classes BeGin (100% reFUnd) last day oF 100% reFUnd 70% reFUnd BeGins 55% reFUnd BeGins 40% reFUnd BeGins last day For removal oF aBs/inc From the sPrinG 2006 trimester memorial day – University closed 25% reFUnd BeGins 14 (W) 70% reFUnd BeGins 21 (W) 55% reFUnd BeGins 28 (W) 40% reFUnd BeGins 11 (W) 70% reFUnd BeGins octoBer 5 (W) 10 (m) 13 (r) 14 (F) 28 (F) 25% reFUnd BeGins colUmBUs day – University closed last day For removal oF aBs/inc From the sUmmer 2005 trimester additional session For monday classes dUe to colUmBUs day last day to WithdraW From a Fall 2005 class 12 (W) 0% reFUnd BeGins JUne 1 (r) last day to File a candidate For deGree card For sePtemBer 2006 GradUation 2 (F) 6 (t) 8 (r) 23 (F) additional session For monday classes dUe to memorial day 0% reFUnd BeGins last day to WithdraW From a sUmmer 2006 class additional session For tUesday classes dUe to indePendence day FeBrUary 1 (W) last day to File a candidate For deGree card For may 2006 GradUation 1 (W) 8 (W) 8 (W) 20 (m) 24 (F) 24 (F) 25% reFUnd BeGins 0% reFUnd BeGins last day For removal oF aBs/inc From the Fall 2005 trimester Presidents’ day – University closed last day to WithdraW From a sPrinG 2006 class additional session For monday classes dUe to Presidents’ day 17 (m) novemBer 1 (t) last day to File a candidate For deGree card For FeBrUary 2006 GradUation 4 (F) 11 (F) 18 (F) additional session For Wednesday classes dUe to thanksGivinG additional session For thUrsday classes dUe to thanksGivinG additional session For satUrday classes dUe to thanksGivinG 23 (W)–27 (sU) thanksGivinG – University closed 28 (m) oasis reGistration BeGins – sPrinG 2006 JUly 4 (t) indePendence day – University closed oasis reGistration BeGins – Fall 2006 march 10 (F) additional session For satUrday classes dUe to term lenGth 11 (s)–19 (sU) sPrinG Break – no classes – University oPen 20 (m) 24 (F) 31 (F) oasis reGistration BeGins – sUmmer 2006 additional session For thUrsday classes dUe to holy thUrsday additional session For satUrday classes dUe to easter satUrday aUGUst 3 (r) 7 (m) 10 (r) last day oF classes Final examinations BeGin last day oF Final examinations decemBer 12 (m) 13 (t) 19 (m) last day oF classes Final examinations BeGin last day oF Final examinations 23 (F)–Jan 2 (m) University closed – christmas Break aPril 7 (F) additional session For monday classes dUe to easter monday 12 (W) last day oF classes 13 (r)–17 (m) easter Weekend – University closed 18 (t) 24 (m) Final examinations BeGin last day oF Final examinations Graduate School of BuSineSS adminiStration