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The MBA in Financial Services
MBA in Financial Services
MCNY's MBA in Financial Services Blog

Zazoom Success in Startup Funding and Management Strategy

October 8, 2013

Tim Minton, CEO of Zazoom

MCNY MBA Invited Speaker, Tim Minton, will share his management insights and financial strategy in the making of the startup Zazoom which is now in its third year of operation.

Wednesday, October 9th, 7 pm – 7:45 pm Metropolitan College of New York, Conference Center.

Tim Minton is co-founder and CEO of Zazoom. He’s overseen creation of a web video distribution network that is generating almost a quarter billion views in 2013. He also led the incubation of Buzztala, a mobile marketing and social video business that was spun-off in April 2013. Prior to Zazoom, Tim was a news correspondent at ABC-7 Eyewitness News and NBC News in New York City. He is an 18-time Emmy winner.

Before his television career, Tim wrote stories for the New York Times. On weekends, he can be found on soccer fields as a professional referee. Tim is a graduate of Cornell University. He lives in Manhattan with his wife and two children.

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Posted by Prof. Rachel Yager in MBA Invited Speaker Series. Comments Off

Keith Reinhard, Chairman Emeritus of DDB Worldwide, Presenting to MCNY MBA Students

November 28, 2012

Keith Reinhard, Chairman Emeritus of DDB Worldwide, is invited as an MBA Guest Lecturer at Metropolitan College of New York this Thursday November 29th!

Meet us at Lecture Room 11P @ 5:30 pm for networking session.  Mystery Gift will be given by Mr. Reinhard himself to students who arrive early!

Keith Reinhard, Chairman Emeritus, DDB Worldwide

Keith Reinhard is Chairman Emeritus of DDB Worldwide, which ranks among the world’s largest and most creative advertising networks with 200 offices in 90 countries. DDB has won more Grand Prix awards than any other agency in the over 50-year history of the International Advertising Festival in Cannes. As a working creative director, Keith was responsible for McDonald’s “You Deserve a Break Today” and State Farm’s long running theme “Like a Good Neighbor, State Farm Is There.” Teams under Keith’s direction created award-winning campaigns for Anheuser-Busch, Volkswagen, PepsiCo and others.

In 1986 Keith was one of the architects of the advertising industry’s first and only three-way merger, creating Omnicom, which today ranks as one of the world’s largest advertising and marketing services holding company. Concurrent with the creation of Omnicom, Keith accomplished the merger of Doyle Dane Bernbach and Needham Harper Worldwide to create the present network, DDB Worldwide.

Advertising Age has referred to Keith Reinhard as the advertising industry’s “soft-spoken visionary” and in 1999 named him one of the top 100 influentials in advertising history. Many of the media and compensation concepts first enunciated by Keith are now common practice in the industry. He was inducted into the Advertising Hall of Fame in 2007.

From 2002 to 2010, Keith served as President of Business for Diplomatic Action, Inc. (BDA), a not-for-profit effort he founded to enlist the U.S. business community in actions aimed at improving the standing of America in the world. During its eight years of operation, BDA created and implemented a number of programs credited with building new bridges of understanding and respect between the United States and the world. As the organization’s leader, Keith testified to the U.S. Congress and was broadly featured in the media, from the BBC, The Daily Show, Fox News, CNN, and CNBC to publications including The Economist, Fast Company, The Atlantic, The New York Times, The Wall Street Journal, the International Herald Tribune and The Financial Times.

Keith has contributed generously of his time and talents to a broad range of initiatives. He serves on the boards of Sesame Workshop and Jazz at Lincoln Center and chairs the marketing committees of the boards of both organizations. He is past chairman of Union Theological Seminary in New York and past chairman of the American Association of Advertising Agencies. Keith is on the faculty and board of advisors of the Berlin School of Creative Leadership in Berlin, Germany. He is a member of the steering committee of the Association for a Better New York (ABNY) and serves on the advisory boards of the U.S. Center for Citizen Diplomacy, USC Center on Public Diplomacy at the Annenberg School at the University of Southern California, the Chief Executive Leadership Institute at the Yale School of Management, and the Johns Hopkins Prostate Cancer Center.

Keith is the father of seven children. He and his wife, Rose-Lee, live in Manhattan.

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Posted by Prof. Rachel Yager in Events. Comments Off

Teaching Excellence: MCNY MBA Programs Now Accredited by ACBSP

November 19, 2012

Metropolitan College of New York’s MBA in Financial Services Program is now accredited by the Accrediting Council for Business Schools and Programs (ACBSP). This recognition is a testament to MCNY’s commitment to teaching excellence and global business education for the financial services professionals.

Metropolitan College of New York’s School for Business has been awarded specialized accreditation by the ACBSP, effective November 19th, 2012.  This is a major accomplishment. It represents the culmination of two years of hard work by the faculty and other stakeholders of MCNY’s School for Business and is an affirmation of MCNY’s delivery of quality education through the creative development and application of Purpose-Centered Education. This accreditation includes the following degree programs:  the Associate of Science in Business, the Bachelors of Business Administration in Business, and the Masters of Business Administration in Media Management, Financial Services, and General Management. [Read More]

ACBSP is a leading specialized accreditation association for business education supporting, celebrating, and rewarding teaching excellence on a diverse and global scale. The association embraces the virtues of teaching excellence and emphasizes to students that it is essential to learn how to learn.


ACBSP acknowledges the importance of scholarly research and inquiry and believes that such activities facilitate improved teaching. Institutions are strongly encouraged to pursue a reasonable mutually beneficial balance between teaching and research. And further, ACBSP encourages faculty involvement within the contemporary business world to enhance the quality of classroom instruction and to contribute to student learning.

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Posted by Prof. Rachel Yager in Accreditation and Awards. Comments Off

Financial Seminars for Industrial and Commercial Bank of China (ICBC)

October 1, 2012

Metropolitan College of New York’s School of Business is hosting a 3-day Executive Financial Seminars for the Industrial and Commercial Bank of China (ICBC) in New York, October 15th – 17th, 2012.

Industrial and Commercial Bank of China Ltd. (ICBC) is a China-based commercial bank. ICBC is ranked as one the world’s most valuable, profitable and largest companies by market capitalization. The Bank provides personal banking services, including personal deposits, personal loans, bank cards, credit cards, fund investment and personal financing services, among others; corporate banking services, including corporate deposits, loans, international settlements, international financing, management of corporate annuity, assets custody, investment banking and trade financing services, among others; electronic banking services, including online banking, telephone banking and mobile phone banking services, among others, as well as self-service banking business. The Company also involves in provision of financial consulting and charge agency services.

MCNY School of Business welcomes our distinguished  ICBC Executives to this exclusive 3-day Financial Seminar in New York.


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Posted by Prof. Rachel Yager in Events, Executive Seminars. Comments Off

2012 Computational Intelligence for Financial Engineering and Economics Conference

March 21, 2012

Dr. Rachel L. Yager has a paper accepted at the 2012 IEEE Computational Intelligence for Financial Engineering and Economics Conference in New York (March 29th – 30th), and the paper is titled “A New Approach to Risk Management Using Soft Information”.

See conference details at /

CIFEr, Computational Intelligence for Financial Engineering and Economics is the major collaboration between the professional engineering and financial communities, and is one of the leading forums for new technologies and applications in the intersection of computational intelligence and financial engineering and economics. Intelligent computational systems have become indispensable in virtually all financial applications, from portfolio selection to proprietary trading to risk management. But nowhere in this definition does it explain the significant role that these three mediums, Computational Intelligence and Financial Engineering and Economics, play in the various financial communities and in our professional lives. CIFEr has been a means of exploration for us and many other professionals who work in a financial arena. We need leading edge Financial Engineers now more then ever to work with “a new” set of “basics” which have evolved recently. Our subprime/liquidity crisis and flash crashes has affected us globally. Program and Algorithmic Trading will continue to grow while changing the way Traders trade and Trade Support supports. The bar has been raised with Regulatory and Compliance and Risk Management. The new rules will not work with the old processes. We need to find new ways to working with the new tools we have developed with Computational Intelligence. We believe CIFEr is one of those forums that will help Financial Engineers get through some perplexing problems at this very difficult time.

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Posted by Prof. Rachel Yager in Faculty, Publication. Comments Off

Financial Lives of People

January 1, 2012

Exclusive to MBA Students of Metropolitan College of New York, the CEO from Andrew Davidson & Co. going to talk about the “Financial Lives of People” — the importance of financial information and its relevance at different life stages and economic situations for people.

Please join us on FEB 1st, 5:15 – 6:15 pm at MCNY 11th floor Conference room. The talk will start at 5:30 pm.

Register at

Andrew Davidson & Co. Inc. (AD&Co) was founded in 1992 by Andrew Davidson, an international leader in the development of financial research and analytics, mortgage-backed securities product development, valuation and hedging.

Since 1992, the company has provided institutional fixed-income investors and risk managers with high quality consulting services, research, and intellectual property aimed at yielding advanced, quantitative solutions to asset management issues.

Beginning with three employees in its New York City location, the company initially advised major financial institutions, mostly depositories, in the development and implementation of asset-liability strategies. The company also assisted mortgage originators in generating appropriate pipeline hedging procedures, and worked on a variety of fixed-income trading, valuation and risk analyses.

Since the firm’s inception, the size of the firm and scope of services has grown substantially. Today, AD&Co has over 20 employees in New York, California and Washington State, providing a host of consulting services from basic MBS securities valuation, return forecasting and hedging, to the development and implementation of risk management and valuation systems.

In 1998, AD&Co introduced VECTORS™ Analytics, a set of proprietary analytical tools that clients could use to reveal the value and risk embedded in their mortgage portfolios.

AD&Co’s clients include some of the world’s largest and most successful financial institutions and investment managers.

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Posted by Prof. Rachel Yager in Events, Networking Events. Comments Off

Dr.Yager’s book chapter on “Fuzzy Soft Social Network Modeling and Marketing”

November 29, 2011

Dr. Rachel L. Yager, MBA Faculty, has a forthcoming chapter entitled “Fuzzy soft social network modeling and marketing“, to appear in A. Meier & L. Donzé (eds.) Fuzzy Methods for Customer Relationship Management and Marketing: Applications and Classification. Publisher: IGI Global, an international publishing company specializing in scholarly research publications and databases covering all aspects of information science technology utilization and management.

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Posted by Prof. Rachel Yager in Faculty, Publication. Comments Off

Risk Management from Andrew Davidson & Co.

October 31, 2011

Thanks to Andrew Davidson & Co., this October 31st 2011, our Financial Services MBA students had an unique opportunity and lecture session from Will Searle, and learn about the complex risk management of mortgage and asset-backed securities.

Andrew Davidson & Co., Inc. is the leading provider of risk analytics and consulting for the mortgage (MBS) and asset-backed securities (ABS) industry. They develop and license prepayment and credit models as well as risk measurement tools that are the benchmark analytics used by top mortgage and commercial banks, insurers, credit unions, broker-dealers and money management firms. With their unique blend of investment expertise and cutting edge quantitative methods, they produce highly advanced models and the most innovative solutions to mortgage investment challenges.

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Posted by Prof. Rachel Yager in Invited Lecturer. Comments Off

Jennelle Purcell – 2011 Graduate

October 26, 2011


Our MBA Graduate, Jennelle Purcell, talked about her student experience at the MCNY Fundraiser Event.  This is her story:

My name is Jennelle Purcell. I am a 2011 Graduate from MCNY’s Financial Service MBA program. It is an honor to be here with you today and to share my student experience.

In 2004, I embarked on a life-changing journey when I was awarded a scholarship to pursue a bachelor degree in Business Administration at the Metropolitan College of New York. This opportunity was one in a million, because my country, Grenada, was devastated by hurricane Ivan to the point where we had no running water and electricity. But in the midst of despair, MCNY became my savior and gave me an opportunity I could not refuse.

With the help of MCNY, I adapted quickly to the pace of life in New York City. I began my studies as a full-time student, and I was selected into a 2-year internship program and gained valuable work experience with Citigroup Smith Barney.

Balancing work and school was new to me, but with good time management skills and a supportive boss, Mark Terna, who is a Financial Advisor, I was able to overcome each challenge.

MCNY’s educational experience is unique because of the core concept of “Purpose-Centered Education and Constructive Action”. We the students are able to use the knowledge we have acquired in the classroom and seamlessly incorporate it into our daily work experiences and vice-versa. We learn to change the world and our work place with Constructive Actions of systematic planning, implementation, and assessments. In my last CA, I assessed the insurance industry with regard to the continuous increase in prices for health care services. From my observation, I was able to create a health savings plan that can be used as an optional savings for medical emergency.

I soon graduated with honors in Business Administration; and decided to return in 2009 to complete an MBA in Financial Services. I do not want to make the pursuit of a graduate degree seem all cherry or rosy as there were challenges. Like many women in my class, obtaining a Master’s degree while working a full-time job and enjoying the additional responsibilities of being a full-time mom was no easy task, but with determination and knowing that someone is depending on me for financial and moral support, gave me the strength to go on.

The financial struggles of being the head of household and funding school on my own began to take a toll on me; but with the help of God, family, and people at MCNY that always go the extra mile, enable me to be a proud graduate of MCNY.

MCNY is committed to its students and my accomplishments are a testament of what this institution is all about.

Now that I have completed my MBA in Financial Services, my dream is to be able to work in the financial industry for one of the major Financial Service Institutions. I know that with my education and the experience I gave gained from working on real life projects in and outside of the classroom will make me an asset to any organization.

MCNY has changed my life! Please give MCNY the opportunity to change other lives!


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Posted by Prof. Rachel Yager in Financial Services Students. Comments Off

Who Run The World (MOMS!) Seminar

October 23, 2011

Who Run The World MOMS Seminar Features:

Catherine Schuller is a well known plus-size industry leader, having been a former Ford model in the 80’s and 90’s when the industry was still forming. Part consumer advocate, part promotions and marketing liaison, she began as an actress and comedienne with her original cabaret act known as The Nerve! She left modeling and trained at Parsons School of Design in their image consulting program. She has risen to be the premiere style expert in the full figured field and was awarded the Icon of The Industry Award in June at Full Figured Fashion Week in NYC. Her best seller how to book, The Ultimate Plus Size Modeling Guide” was self published in 1996 and remains the “bible” of model manuals in the industry. She served as Fashion Retail Editor for MODE magazine for the full years’ of the magazine’s existence. After Mode’s closing she created an original runway designer show called CurveStyle: Reshaping Fashion in her home base of New York City. She consults and appears as the premiere expert on the subject of “all things plus and full figured.” She is media spokesperson and liaison for manufacturers, designers, retailers and the full figured customer.. Her clients have included major department stores as well as retail specialty stores such as The Bon Ton, Saks Fifth Avenue, Filene’s, Lord&Taylor, Charming Shoppes and Lane Bryant/Catherine’s Plus Sizes, Talbot’s Woman. She is currently working on new campaigns and marketing efforts for clients within the burgeoning online plus apparel industry. She has had a line of clothing on QVC called Shape Shopping. She was assistant stylist for Nashville Star with Wynonna Judd. She is Image and Style Director of Divabetic, a charity outreach started in Luther Vandross’ honor by his personal assistant, Max Szadek. She has traveled the United States with her Glam More, Fear Less attitude, helping women find their inner diva and use fashion and beauty as motivation to stay on track with their diabetes management. She has appeared numerous times on The Today Show, five times on The View, Neal Cavuto’s Your World, CBS Evening News, and The Early Show and recently Dr. Oz. Her latest project is a book deal called Such a Pretty Face, a coffee table book about the models who are simultaneously worshipped and ridiculed in the anorexic fashion world. She has a column at Venus Divas with her popular News from a Broad feature. She is an instructor at Fashion Institute of Technology teaching the only special size image course.

Leora Edut has been transforming people’s looks since 1995. She began her career with MAC Cosmetics, training with some of New York City’s top makeup artists. After several years there, she branched out on her own and began working with high profile corporate and fashion clients. She has traveled worldwide doing shows for Redken in Las Vegas and Ports International throughout China. In 2009, Leora worked on the UN Cure for Malaria Campaign with Molly Sims, Landon Donovan, and Elizabeth Gore. She has worked with celebrities including Mark Consuelos, Rihanna, and the cast of Jersey Shorel for both print media and television appearances. In her spare time, Leora travels the US donating her talent teaching makeup courses to women in shelters.


CELEBRITIES: Rihanna, Molly Sims, Kelis, Kate Voegele, The Jackson Brothers, Cheri Dennis, Nina Sky, Mark Consuelos, Alan Houston, Tamar Davis, Mario, Alice Schroeder, Miri Ben Ari, Crystal Mcrary Arthur, Keith Boykin, Kevin Powell, Rockmand Dunbar, Amy Sacco, Nene Leakes, Elizabeth Gore, Ted Turner, Landon Donnovan, Dirty Money

FASHION: Dolce and Gabanna, Halston, Sean John, Tom Ford, La Perla, Baby Phat, PORTS International

MEDIA: MTV, VH-1, BET, America’s Next Top Model, Regis & Kelly, AOL Latina, MTV – Video Music Awards, Wendy Williams Show

EDITORIAL: Glamour, Paper Magazine, GQ, Karen, Uptown, Us Weekly, Florida International, U.S. Banker, Essence, Complex

COMMERCIAL: L’Oreal, Redken, Atlantic Records, Paul Mitchell, Def Jam, Verizon, ING Bank, US Banker

ADVERTISEMENT: Redken,, Cheerwine Soda

PHILANTHROPIC: Girls Educational & Mentoring Services (GEMS), The United Nations, Detroit Rescue Mission, Grace Smith House, Good Shephard


Melissa Farley My name is Melissa Kathryn Farley and I am the founder of Melissa Kathryn MakeOver. I am a certified Holistic Weight Loss and Wellness Coach and received my education through the Institute for Integrative Nutrition, which was an affiliate of Columbia University. In addition, I am board certified through the American Association of Drugless Practitioners and have 10 years experience in Fashion, Design and Marketing.

My goal is to inspire busy women to reach their personal goals, improve their health and live more fulfilling lives. Holistic is a belief of working on the whole self and addressing all aspects of life to ensure lasting weight loss and positive change.

As a Weight Loss and Style Coach, I am your personal advocate for living a healthy and passionate life and looking fabulous in the process! The program is a total body transformation from the inside out. It is flexible, fun and free of denial and discipline. Working together, we discover the foods and lifestyle choices that best support you and then create a custom plan based on your needs. By making gradual, lifelong changes, this enables you to reach your current and future health goals without feeling deprived. Once you achieve your dream body and are equipped with the knowledge and power to maintain your new physique, we take your look to the next level with a personal style make over!

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Posted by Prof. Rachel Yager in MBA MOMs Events. 5 Comments »

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