April 2017 West Point Training for NYIT MBA(Executive Program) Students
In April 2017, the MBA-EP program students took part in a two-day training program in West Point Military Academy. On the first day, students visited the church and museum and enjoyed the campus view. In the afternoon, they took a meaningful and classical course about negotiation. The instructor took a real case in the Iraq War as the point to cut in and raise questions. We were all actively participated in the class through interactions, discussion, and role-playing. Each of us benefited a lot from the class and got a better understanding of negotiation.
2016 NYIT MBA (Executive Program) Winery Training Courses
On April 19, 2016, NYIT MBA (Executive Program) students traveled to the Hudson Valley to visit the Brotherhood Winery, which is a famous historic American winery with 177 years history. It is not only well-known in the local, but also throughout the whole country. It has a tasting room, an outdoor picnic area, a gift shop and a villa of the owner. So it is not only a winery but also a holiday resort.
Ms. Pat welcomed the students and introduced the raw material distribution, winemaking techniques, and wine marketing, etc. Then students were guided to the underground wine cellar, which was so mysteries to the students. In this large maze-like cellar, there was no special facility to cold the wine, just relying on the natural cold and humid condition.
Then students came to a beautiful small church and tasted various wines, such as Riesling, Carrol Mead, Marriage, Cabernet Sauvignon and Traminette. Students got knowledge that different wines are made from different grapes, humidity, temperature and so on. Even using different types of glasses can make the wine taste differently. The Brothers Winery training courses not only let students enjoy the beauty of the vineyard but also experience the rich American wine culture.
Competition and Development of Transnational Corporations Business Courses-----Qi Chen, Vice President, Deputy Head, ASC, New York Branch of Bank of China
On April 14th, 2017, Mr. Qi Chen who is the vice president, Deputy Head, ASC, Corporate Banking Department, New York Branch of Bank of China, was invited to introduce the Bank of China’s development history, current situation and impact factors in the United States, and financial industry comparison between China and U.S. for NYIT MBA (Executive Program) students. Bank of China entered the U.S. market in 1936 and re-opened in 1981. With an over 30-year development, Bank of China has opened four branches in Manhattan New York, Queens New York, Los Angeles, and Chicago respectively in the U.S. Among these branches, New York Branch and New York Queens Branch are FDIC insured. As the oldest and largest Chinese bank in the U.S., by the end of 2014, Bank of China has a total asset over 77 billion, ranking the 18th among 189 foreign-funded banks and the 39th among 6509 financial institutions in American banking industry.
On the second day, we came to Hank’s place. Hank is our physical training instructor who retired from West Point and participated in Iraq War three times. Hank is a professional, humorous and serious instructor and his wife is kind. Their "daughter" Grace is a dog and she is so popular around us, like a superstar. I really like the family. There is only one day getting along with Hank’s family, but I felt we built a deep friendship. For the physical training, we were divided into four groups. First competition is climbing. Each team chose a rock marked with weight and carried it climbing to the top of the hill. It slightly rained that day, our group members voluntarily helped each other and cooperated smoothly. We finally climbed to the top of the hill and as we saw the beautiful view, we felt relaxed and happy. When we went back down, Hank distributed MRE (Meal Ready-to-eat), a real military supply, to each of us and it tasted very unique. Following the lunch and a little rest, 4 well-designed physical training, downhill, strop, shooting, and bow training were waiting for us. We were fearful at the beginning but became proficient after many practices. Hank gave us a lot of encouragement and was proud of our improvement as well.
2018 NYIT MBA(Executive Program) Training Program at George Washington University
On March 29th, 2018, NYIT MBA (Executive Program) students took a trip to Washington D.C., the political center and the birthplace of the United States. At that moment, Sakura was in full bloom, making the solemn and sacred city full of spring and romance.
In the evening, MBA (Executive Program) students dressed up to attend the George Washington University’s welcome cocktail party. It was honored to have Mr. Jianjun Cen, the Minister Counselor of Chinese Embassy in Washington, attend the party. Many professors and faculty of George Washington Universities attended the party as well, including Dr. Ali Eskandarian, the Dean of the Faculty of Vocational Education, Dr. Forrest Maltzman, the provost and executive vice president, etc..
On the March 30th, NYIT MBA (Executive Program) students took Risk Management course taught by the professor of George Washington. Following with related fundamental concepts introduction and cases analysis, the professor divided students into 4 discussion groups. A student from each group presented their outcome after discussion. For the next two days, students visited Capitol Hill, Lincoln Memorial, and the World Bank, getting a better understanding of business and economic globalization related information. Then students were granted a certificate of the completion of Risk Management.
This trip not only gave students the knowledge of American political and historical culture but also equipped them with theoretical and practical experience through taking Risk Management courses.
2016 NYIT MBA(Executive Program) Golf Training Courses
In September 2016, NYIT MBA(Executive Program) students took a golf training classes, as a part of the program's required practical training sessions. Somers pointe country club is a professional golf member club which has 40 years history. Richard J. Doino, who has 17 years professional golf coach experience, was invited to teach the students. Richard introduced the basic knowledge of golf, including swing, putter, par, various clubs, etc. and share his personal experience that he spent 6 years to be a professional coach.
After the theoretical introduction and a tasty lunch buffet, students came to an 18-hole training filed and were divided into two groups to practice. One group practiced puttering, and the other one practiced swinging, and then switched. Richard and his assistant Matt always patiently taught and corrected students' posture and actions. Gradually, many students mastered the essentials and then became more confident. The swing posture became more and more professional as well.
October 10th, the Harvard courses got started after the students get familiar with the Harvard campus. Professor from Harvard Business School provided a lecture about the globalization strategy, economics and the leadership and social responsibility under global strategy. During the class, every students paid all attention and took notes. The knowledge was delivered by communication and the inspiration was burst out by discussion.The students were all looking forward to the next lecture provide by Dual-Phd in law and psychology. The doctor used large amount of examples and form of group competition, showed how to build an efficient team. Every student took part in the group competition, and completed the mission by helping each other. They learnt the importance of team work and the way to improve the collaboration with team members.
10/9/2014 Harvard University
She lives in the same city with the first telephone line and the first subway in the world. She was honored as the think tank of United States government. She fostered 8 presidents, 40 Nobel Laureates and 30 Pulitzer Prize Laureates. Her Yenching Institute dedicates to the communication between Chinese and American culture. Every move of her will influence the development of American society and the tendency of economic. Microsoft, IBM, one and other famous names are related with her. And she is the most famous university – Harvard University.
October 9th 2014, the golden season for harvest, the students of NYIT MBA Executive program took the bus from NYIT Manhattan campus, started their study trip at Boston.Following the teachers, EMBA students visited Harvard and MIT, felt the academic environment in the top university all over the world. Walking along the Charles River, the students listened about the legendary of Smoot.
News & Events
11/25/2015 Federal Reserve Bank of New York
Near Wall Street New York, there is a 14-floor building made of rocks located on 33rd Liberty Street, which is the famous Federal Reserve Bank of New York. Under the guidance of The Federal Open Market Committee and Treasury Department, FRB undertakes the mission of executing currency policy and protect normal circulation of money.
In the afternoon of November 25th, 2015, the students of NYIT MBA (executive program) visited the Federal Reserve Bank of New York. As the most authoritative bank of total 12 Federal Reserve Banks, FRBNY made every student eager and let them get a deeper comprehension of international economic tendency and policy.
There are 20 students attended the meeting. The senior vice president of FRBNY, Richard W. Peach Ph.D. concluded the changes of United States’ CPI, employment rate, the tendency of real estate and other aspects during the last decade, compared the economic situation before and after the financial crisis happened on 2008, by using different statistical charts.
Competition and Development of Transnational Corporations Business Courses-----Mr. Tao Ji, Chief Editor&President of China Daily USA
On April 21st, 2017, we were honored to invite the Chief Editor&President of China Daily USA, Mr. Tao Ji, to provide NYIT MBA (Executive Program) students with knowledge of “Connecting China, Connecting the World”. Mr. Ji talked about the development history and incoming reform of China Daily, the national responsibilities shouldered by the company and the opportunities and challenges of overseas Chinese enterprises. After finishing the classroom lecture, several students in the class also had the honor to visit the China Daily U.S. headquarters located on Time Square, New York, getting a first-hand experience about the daily work of overseas media workers.
China Daily US Edition, based in New York City, was launched in 2009 and has 11 branches all over the U.S. It publishes 16 pages Monday to Friday, with a 24-page insert on Fridays. Mr. Ji mentioned the reason for opening many branches was because chanel was the most important things to communication industry and should try every method to increase the visibility and identification of the newspaper. Opening local branches could promote local cooperation and deepen the local market and thus opening up different channels.
The whole reception lasted over two hours. The students harvested a lot and felt motivated and energetic. Normal people with ambition need continuous training and sharpening to grow into workplace elites.
Opening Ceremony: Competition and Development of Transnational Corporations Business Courses for NYIT MBA (Executive Program) with Mr. Shanqing Zhou’s (Economic and Commercial Counsellor) Lecture
On April 7th, 2017, NYIT School of Management held an opening ceremony of Competition and Development of Transnational Corporations Business Courses for NYIT MBA (Executive Program). Mr. Zhou Shanqing, the economic and Commercial Counsellor of the Chinese Consulate General in New York attended and delivered a speech. The VIP guests who attended the event also included Dr. Rahmat Shoureshi, the interim President of NYIT and Dr. Scott Liu, the Executive Associate Dean of NYIT School of Management. Counsellor Zhou elaborated the Chinese strategy and posture in world trade and investment in his speech.
The increasingly close ties between the two countries have boosted the economic and social development of both countries. Therefore, the development of transnational enterprises is closely related to the political and economic relations among countries. As a transnational enterprise, it should not only consider the international environment but also adapt it. In addition, as China's economy and financial markets have many problems compared with the U.S., Chinese banks will have to overcome many difficulties in order to achieve greater success in the US financial sector. Facing with new challenges and opportunities, Bank of China USA will honor its commitment to “serving society, delivering excellence”, strive to become the top-notch foreign bank in the US and make further contributions to a sound Sino-US economic and trade relationship.
Counsellor Zhou firstly revealed two types of capital allocation: non-financial investment and financial investment and showed the audience a series of date, from which Chinese trade volume grew rapidly since China joined WTO in 2001. Then he explained development and transition of the world economic situation. In the past, most of the economic systems were dominated by the west due to the impact of Western religious laws, the Post-WWII trade and some financial institutes, like World Bank. After China’s reform and opening up, and the disintegration of the Soviet Union, the socialist camp began to transform as well. Currently, after 70 years of the postwar system, there are still many issues needed to be adjusted, like the ownership structure.
Additionally, Counsellor Zhou stressed that Chinese investors should strengthen their investing attitude toward U.S. market, fully research before the investment, explore docking during the investment and adapt after the investment.
The whole audience benefited a lot from the lecture. Counsellor Zhou took many easily understanding examples to let us know better about the international investment environment. Modern China is in the transition from a big trading nation to a trading power, from an attracting investment nation to investing abroad nation. If we can seize the opportunity, integrating various resource, China will certainly have an important place in the world trade markets.
NYIT MBA (Executive Program) students attend Manhattan High-end Workplace Reception
In the evening of May 10th, 2017, NYIT MBA (Executive Program) students attended a Manhattan Midtown high-end workplace reception held by Manhattan Chamber of Commerce. Manhattan Chamber of Commerce consists of financial entrepreneurs and investors, covering elites networking of Chinese and overseas markets and leading high-end business social networking and organizations. Dressed formal and arrived early, students confidently and generously talked and socialized with present business elites, fully demonstrating the elegance and excellence of NYIT students.
The reception was going smoothly in a relaxed atmosphere. Young NYIT students gathered around senior business elites, establishing a close contact with each other and promoting business exchange and potential cooperation. Everyone was talking and laughing, the cup of wine drained. The social networking experience is like an invisible but valuable fortune in the NYIT students’ lives.