Dual Degree Program with Dongbei University of Finance and Economics (DUFE)
The Frank G. Zarb School of Business and Dongbei University of Finance and Economics, also known as DUFE, have partnered to offer students a dual degree (a Bachelor of Business Administration from the Zarb School and a Bachelor of Economics from DUFE) in global business or global finance without the need for additional semester hours. Classes are taught by Zarb and DUFE faculty on Hofstra’s campus and the course work is complemented by a six-week summer internship in China.
DUFE ranks among the top universities in Liaoning Province, receiving first class ranking in the disciplines of applied economics, statistics, business administration, public administration, management science and engineering, and theoretical economics.Indication of Interest:
Dual Degree Program with Dongbei University of Finance and Economics
- When does the program take place?
In the Spring semester, students will take courses at Hofstra taught by DUFE professors. In Summer, students will travel to China for a six-week cultural immersion and internship program. In Fall, students will take additional courses at Hofstra, taught by DUFE faculty.
- Tell me more about Dongbei University of Finance and Economics.
Founded in 1952, Dongbei University of Finance and Economics, also known as DUFE, is a highly-regarded institution and is ranked third for finance and economics in China. With over 20,000 students, 100% of their courses are taught in English. DUFE is located in the city of Dalian, a center for trade and finance. Dalian is one of China’s most prosperous cities, attracting top international companies such as Microsoft, Nokia, Hewlett Packard, IBM, Pfizer and Intel. Located in northeast China on the coast, Dalian is also a popular tourist destination. It is 55 minutes from Beijing and two hours from Shanghai by air travel.
- What degrees will I earn after completion of the program?
Upon successful completion of both the Hofstra and DUFE requirements, students will earn a Bachelor of Business Administration from Hofstra University and a Bachelor of Economics from Dongbei University of Finance and Economics.
Note: In order to receive the BS from DUFE, students MUST complete their Bachelor of Business Administration requirements.
- What majors are available in the DUFE program?
Students can choose one of two tracks:
- Global Business
- Global Finance
- How many DUFE courses will I take at Hofstra?
Students will take five DUFE courses, split between the Spring and Fall semesters. In addition, students will enroll in a one-credit internship course during Summer.
- What courses will I take?
GLOBAL FINANCE: appropriate for finance majors or minors
GLOBAL BUSINESS: appropriate for international business, management, marketing, and entrepreneur majors or minors
- Will I need to take extra credits beyond the 128 required for the BBA?
With the proper planning, no additional credits beyond the 128 required for the BBA should be required.
For International Business majors, four of the five classes will go toward their major requirements. The fifth class is a general elective, counting toward the 128 credits needed for graduation.
For Management majors, two courses will go toward their major requirements. The other three classes are general electives; counting toward the 128 credits needed for graduation.
For Finance majors, three courses will go toward their major requirements. The other two classes are general electives, counting toward the 128 credits needed for graduation.
- Can Zarb students with majors besides International Business, Management and Finance apply for this dual degree program?
Yes. However, for other majors within the School of Business, students should meet with Dean Bales to discuss how the DUFE courses will fit into their BBA requirements.
- Who will arrange my internship in China?
DUFE will arrange all aspects of the orientation and internship program in China.
- Where will I intern in China?
Internships in China are arranged by Dongbei University of Finance and Economics and have included opportunities at:
P&G, one of the largest consumer goods companies, provides students with an in-depth look at the operations of their local distributor
Pfizer Global Financial Solutions focuses on providing standardized and optimized accounting and financial operations processes to Pfizer’s global business practices International Entrepreneurs Corridor, a group of companies providing services related to international trade, business consultancy, information technology, tourism, and manufacturing for textiles, sports goods, and consumer products
Felpa International Trading, a company focused on business consultancy, international trade, and information technology
Wipro, an information technology services corporation that employs 175,000 people worldwide
Manpower Group, a global human resource management solutions provider
Bacchus Wines, an international trade company importing wine to the Chinese market
Kurt Beat, a shopping platform for overseas quality goods, dedicated to domestic consumers
- Will support services be provided during my stay in China?
Yes. DUFE has a proven track record of providing superior support to their international students. Support services are provided on a 24 hour/7 day per week basis and include airport drop off and pick up. DUFE also distributes a comprehensive handbook before students travel to China. Each Hofstra student will be assigned a DUFE student “buddy”. In a recent survey, 100% of students were highly satisfied with the support from China Student Services.
CULTURAL IMMERSION PROGRAM
The cultural immersion program begins in April at Hofstra, approximately one month before students leave for China, and includes basic Chinese language training. When arriving in China, students meet their designated buddy from DUFE, take tours of city landmarks, attend cultural activities such as the Dragon Boat Festival, learn Chinese martial arts, and continue their language studies.
INTERNSHIP SUPPORT SERVICES
An internship service company provides various support services to students during their stay in China. These include:
- Travel to and from the airport upon arrival and departure
- 24-hour support (interpretation, and local information including a hotline/emergency service line)
- Two Dalian city and cultural tours
- Two company visits
- Transportation to and from the designated internship location
- How many students will be in the cohort that begins in Spring?
Cohorts consist of approximately 20-30 students.
- Accommodations and Costs
The Ruanjing E. Apartments are conveniently located near the DUFE campus and are monitored by a doorman. Apartments are located near restaurants and local attractions. This area is considered very safe and students feel comfortable walking in the evening. Each apartment is equipped with a small kitchen facility (refrigerator, stove, and microwave); sitting area; washing machine; Western-style toilet; television; and internet.
- Program fee: $400 t Airfare: $1,200
- Accommodations (six weeks): $675-$1,080*
- Meals (per day): $8-$16**
* Scholarship funding from the Chinese government may be available to fully cover accommodations.
** Dongbei University provides meal passes allowing students to dine on campus free of charge.
For more information, contact Associate Dean Gioia P. Bales, 305 Weller Hall; 516-463-5703; Gioia.P.Bales[at]hofstra.edu
Inaugural Cohort of Dual Degree Students Honored at Graduate Reception
Inaugural cohort of dual degree students were honored at a special graduation reception celebrating their achievement of dual degrees with the Zarb School and Dongbei University of Finance and Economics in China. Benwei Du, University Chairman at DUFE, recognized students for their accomplishments and presented them with an honorary stole signifying their completion of the dual degree program.
Elli Reid, a junior management major from Texas, spent six weeks living and working in China last summer. Even though she didn’t know the language. Even though she’d never traveled outside the U.S before. Oh - and then there was the bungee-jumping, even though she’s afraid of heights.
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