Be sure the system is enabled to view all Filename and Extensions
Next, the existing license file will need to be renamed.
Locate the MATLAB installation under Applications, right-click on MATLAB and select Show Package Contents
When the package contents have been expanded, navigate inside the licenses folder
The existing file license.lic will need to be renamed (ie. license.lic.old)
Once this complete, relaunch MATLAB and you will be prompted to activate MATLAB.
Choose to activate online via your Mathworks account
If you have a choice of licenses - highlight 87532 Total Academic Headcounts Campus - TAH Designated Computer
Upon successful activation, MATLAB will now operate without the need for a network connection.