Thanks for the responses...All of them were helpful.
Here is my background :
I did my undergrad in Engineering from a top US school. I also dabbled in some religion courses there. I went to a denominational seminary (outside US). At the seminary I studied Greek and Syriac. I only have a basic introduction to Hebrew. Greek - moderate proficiency (1 year language course followed by 3 NT courses with exegetical work from Greek). Syriac - moderate proficiency (3 years language course followed by a certificate course after seminary.)
So I guess use this upcoming one year program to study Hebrew, strengthen Biblical Languages, take upper level courses in Biblical Studies.
Thanks for the responses.