GLOBAL MBA PROGRAM (GMBA)

Transcription

1 GLOBAL MBA PROGRAM (GMBA) ARISON SCHOOL OF BUSINESS ACADEMIC YEAR RAPHAEL RECANATI INTERNATIONAL SCHOOL

2 A WORLD OF NEW OPPORTUNITIES As hard as it was, I don t think you can get such a gratifying experience in any other MBA program I found myself making recommendations to the top management leading Israeli company, and a few months later I read in the papers that my team s advice was actually implemented! As a GCP student I was given the tools and practical experience to deal with the real life issues in designing strategies in an international environment. I was exposed to the top management of Israel s leading firms, and made close friends with my Wharton teammates. As hard as it was, I don t think you can get such a gratifying experience in any other MBA program. Noam Bernstein, GMBA2 Strategic Business Development, Nekuda DM I made Aliyah in 2008 from Spain, full of hopes and ambitions. Joining the GMBA was the best choice I have made. The creative and supportive program together with the inspirational mentorship have changed the course of my life. I started developing a start-up idea under their umbrella, which has now become my own start-up company. Joining the GMBA was the best choice I have made Rebeqa Querub, GMBA6 CEO & Co-Founder, StorEx.me In order to turn an idea into a real start-up, one needs the right tools Many of us have great ideas. But in order to turn an idea into a real start-up, one needs the right tools, mentoring and guidance. The Media Lab innovation and entrepreneurship track offers all that and much more, with a cultivating, supporting and fun environment which is led by experienced professionals. Elad Gov-Ari, GMBA5 Business Consultant at Easy-Forex, and Founder of KidKad 2

3 My experience from the GCP program was extremely enriching in many different aspects. The consulting project our team was assigned to enabled us to deal with highly complex situations that required multidimensional mental exercises. We needed to translate financial forecasts, market research, internal company factors of different kinds and additional parameters into a practical framework for the company. Whether one is a senior manager, a consultant or an entrepreneur, the skills gained from this program are extremely valuable. This is especially true for those who choose more challenging career paths where solutions aren t obvious and problem solving techniques are a necessity. My experience from the GCP program was extremely enriching in many different aspects Ravit Weizman Tamir, GMBA7 Independent Consultant & Entrepreneur, OSRY Consulting LTD. 3

4 GLOBAL MBA PROGRAM IDC Herzliya offers distinct MBA Programs designed for executives and future business leaders. The IDC leverages Israel s status as a center of progress in high-tech, innovation, and entrepreneurship and benefits from our resources and reputation as a leader in interdisciplinary education with strong ties to industry. IDC offers an MBA Program which is designed to prepare executives for changes in the modern business world and is taught in Hebrew, a Global MBA Program which provides a solid foundation in general management taught from a global perspective with two tracks in Strategy & Business Develpoment and Innovation & Entrepreneurship, making it possible for students to focus on a specific field of study while also participating in the core courses in general management taught from a global perspective. The faculty of the Global MBA consists of the best lecturers from the world s leading business schools. They are involved in the business arenas of various countries, giving students access to their expertise in the global market, as well as to the Israeli business sectors strength in innovation, hi-tech and entrepreneurship. IDC Herzliya was founded with the aim of nurturing future leaders. In just over two decades, the university s founders, professors and administration have created a center of academic innovation. The students are imbued with a commitment to excellence and original thinking. At IDC they are given the opportunity to foster strong relationships with those in the business world, both in Israel and beyond. We strongly believe that the knowledge and tools acquired at IDC support personal and professional goal fulfillment. We are confident that our students graduate with the ability to tackle the challenges of our global reality. Prof. Uriel Reichman President and Founder of the Interdisciplinary Center Herzliya 4

5 STRATEGY & BUSINESS DEVELOPMENT INNOVATION & ENTREPRENEURSHIP Strategy & Business development is designed for students who have a flexible work schedule and/ or agreements with their employer, allowing for an increase in time devoted to projects throughout the program. PART-TIME/Modular Sunday 16:00-22:00 Friday 8:00-14:00 The Innovation & Entrepreneurship track is designed for exceptional candidates from diverse backgrounds who are creative, adventurous and interested in creating new products and services and bringing them to market. PART-TIME++ Sunday 16:00-22:00 Friday 8:00-14:00 Mini-semesters 1-6, Wednesdays, once per month, 18:00-21:00 ONE YEAR MBA MBA - Taught in Hebrew Suitable for students who possess a strong academic background and are interested in investing in a particularly intensive degree for a short period of time. Full-Time Monday 08:00-19:00 Wednesday 16:00-22:00 Friday 8:00-14:00 Specializtions: Finance, Marketing, and Real Estate designed to prepare executives for changes in the modern business world. PART-TIME++ Sunday 16:00-22:00 Friday 8:00-14:00 5

6 STRATEGY & BUSINESS DEVELOPMENT An outstanding real life strategy and business development experience Mr. Yuval Dovev Head of Strategy & Business Development Track Sharon Klajman Marketing Director Empowering future business leaders to develop the strategies & tactics for success in tomorrow s global marketplace This distinctive program offers students the possibility of specializing in Strategy & Business Development, where students work as a consulting team on real strategic and business development issues for leading Israeli and global firms. Strategy & Business Development studies enable students to acquire the tools and management techniques used by international management consulting firms. Students become a part of a consulting team that works on a real-life project sponsored by a real client, either an Israeli or multinational company. This consulting practicum may include sponsored international travel and provides genuine global collaboration and practical experience. Depending on client needs some of the project are run jointly with international partner schools, where students have access to an extensive international network and work closely with the finest graduates of the world s leading business schools. 6

7 INNOVATION & ENTREPRENEURSHIP The Global MBA program offers an Innovation and Entrepreneurship Track, run in partnership with the Sammy Ofer School of Communications Media Innovation Lab (milab) and Adelson School of entrepreneurship. This unique program places the focus on hands-on learning, and is designed to train its graduates to lead product development processes and establish new business initiatives. The program incorporates meetings with entrepreneurs, inventors and investors, all leaders in their field, as well as site visits to leading companies in the field of innovation. The program is interdisciplinary and is suitable for students from different fields, such as: design, communications, social sciences, computer science and engineering. Typically, this track attracts entrepreneurial students who wish to create and promote new ideas, whether under the auspices of the operation of an existing company or independently. Studies in the track will provide you with the opportunity to develop knowledge, tools and substantial relationships that will serve you down the entrepreneurial road. Dr. Oren Zuckerman Academic Director of the GMBA Innovation & Entrepreneurship Track Founder and Co-Director, the Media Innovation Lab at IDC Herzliya Michal Olmert Naishtein Executive Director Students of the track study together core MBA courses, as well as several basic/mandatory courses in Innovation and Entrepreneurship. In addition to the courses studied in class, students will be offered many opportunities for Learning by Doing *, in two major paths: 1. LAB In the Lab course you will experiment with the development of ideas and prototypes for innovative technological initiatives, of your invention. You will develop new products, services and media experiences and promote them, simultaneously, from both the business and product perspectives. The work in the lab is performed in teams, and together you will contend with various technological and business challenges, and also with challenges of human-computer interaction. The Lab course will open up to you new opportunities, and provide you with the space to develop, prototype and test your ideas. The course is accompanied by leading mentors from the Israeli startup community (entrepreneurs, investors and experts in a variety of fields). 2. Accelerator Experience A practicum in which you will intern in early-stage startups active in the leading accelerators in Israel. For a period of several months, you will devote 6-8 weekly hours, to carrying out professional projects for the venture you are interning at. This internship will provide you with professional and practical experience, and, at the same time, expose you to the Israeli innovation ecosystem. This is a unique opportunity to experience from within the first stages in the lives of young startups. In 2015 our students were assigned to startups in Microsoft Ventures, Sigma Labs, The Junction, MindCET and Nautilus (AOL s accelerator in Israel). In the coming year we intend to expand and enhance our collaborations and the range of options for practical experience in accelerators. * Admission to the Learning by Doing paths is subject to a screening process that takes place during the course of studies. Participation in these paths is not a requirement for completing the studies in the track. 7

8 COURSES CORE COURSES Retreat Financial Accounting 1,2 Quantitative Methods Global Economic Environment Organizational Behavior Marketing Management Customer Centric Marketing Financial Management 1 Financial Management 2 Business Strategy Management in changing environment 1 Management in changing environment 2 Strategic and Critical Thinking 1 Strategic and Critical Thinking 2 Entrepreneurial Finance Business Ethics A strategic need for global management: the case of China Financial Statement Analysis and Valuation Innovation Equity Dr. Sivanie Shiran Prof. Dan Segal Dr. Ran Elkon Dr. Nadine Baudot-Trajtenberg Dr. Dafna Eylon Prof. Ron Shachar Prof. Barak Libai Prof. Nittai Bergman Prof. Nittai Bergman Dr. Sharon Belenzon Dr. Amir Guttman Dr. Yossi Bolless Dr. Varda Liberman Prof. Yair Tauman Prof. Ronen Israel Dr. Mark Schwartz Dr. Daniel Haber Prof. Segal Dan Prof. Eitan Muller INNOVATION & ENTREPRENEURSHIP COURSE Real World Experiences Interaction paradigm Business Communications Legal and Financing Aspects of Entrepreneurship Design Thinking Startup Marketing Systematic Creativity Final Project 1,2,3 Practicum I&EStudy tours Dr. Oren Zuckerman & Mrs. Michal Olmert Naishtein Dr. Oren Zuckerman Mr. Michael Weitz & Mrs. Abigail Tenembaum Dr. Ayal Shenhav Mr. Alex Padwa Prof. Barak Libai & Dr. Gideon Greenspan Prof. Jacob Goldenberg Dr. Oren Zuckerman & Michal Olmert Naishtein Mrs. Michal Olmert Naishtein Dr. Oren Zuckerman & Michal Olmert Naishtein 8

9 STRATEGY & BUSINESS DEVELOPMENT Business analytics Business analytics Final Projects Mr. Dovev Yuval Mr. Dovev Yuval Mr. Dovev Yuval Elective Global Business Game The Strategy of Making Strategy Negotiations China study tour Prof. Niron Hashai Dr. Yossi Rein Mr. Moty Cristal Dr. Daniel Haber The IDC Herzliya Academic Authorities are at liberty to cancel, alter or add studies subjects and / or specialization programs, and to generate changes in the times of lectures or in the manning of the subject instructor posts, at its discretion. 9

10 OVERSEAS MODULE The idea behind the overseas module is that an efficient and effective business operation in any market requires thorough knowledge of the context in which business takes place. The module and study trip introduce students to the historical, economic, cultural, social and geopolitical circumstances of the country along with its economic and geopolitical rise. At the end of the module, students will be familiar with some of the unique features of each country and will be able to develop tools with which to extend their knowledge in the future. The study trip allows students to fully immerse themselves in the environment and to take their business and cultural understanding to a deeper level. STUDY TRIP TO CHINA This annual trip quite literally takes you out of the academic study of global business within the classroom and places you in the cultural and industrial heart of China. Our aim when designing this trip was to ensure your involvement in China s emergence as a growing business leader. For these reasons the trip includes both business visits in Shanghai & Beijing, as well as cultural visits to major tourist sites. STUDY TRIP FOR THE I&E TRACK - US In recent years, NYC has developed into what is now called Silicon Alley, the Silicon Valley of the east coast. Hundreds of technology startups, mostly Internet and New Media focused are now based in the city. In addition, NYC is one of the world s most important business centers, home to some of the world s most prominent companies is all sectors. Among our plans for visiting NYC are meeting startup companies and entrepreneurs with an Israeli connection, as well as visiting interesting leaders in other sectors. Silicon Valley is a nickname for the southern portion of the San Francisco Bay Area of Northern California in the United States. It is home to many of the world s largest technology corporations, as well as thousands of tech startup companies. The term originally referred to the region s large number of silicon chip innovators and manufacturers, but eventually came to refer to all high-tech businesses in the area, and is now generally used as a metonym for the American hightechnology economic sector. Study Trip for the I&E Track Berlin When the Berlin Wall fell in 1989, it attracted an onset of artists, musicians and other creatives to the city. While housing prices in other European cities skyrocketed over the years Berlin remains relatively affordable, offering young, aspiring entrepreneurs a lower-cost, lower-risk platform to jump-start their companies. With new accelerators, many innovative startups, design studios, major events, vibrant lifestyle and cheap cost of life, Berlin is considered to emerge as Europe s Silicon Valley. The Berlin study trip will explore this emerging startup scene with visits to innovation hubs, young and established startups, design centers and also big companies that are focused on embracing innovation. * Number of participants in each trip is limited. * Priority in participating will be given to the advanced class. * IDC Herzliya will subsidize one trip per student. * IDC Herzliya reserves the right to change the trip s destination, with the students interest in mind. 10

11 THE ARISON LEADERSHIP DEVELOPMENT PROGRAM The Arison Leadership Development Program is a unique program exclusively offered to students enrolled in the MBA and GMBA programs at the Arison School of Business. Based on similar models offered at Harvard Business School, INSEAD and IMD, the Arison Leadership Development Program (ALDP) invites students to engage in a rich integrative curriculum that enables a profound personalized learning process. The ALDP kicks off with Arison s flagship leadership retreat. A core requirement for all incoming MBA and GMBA students, this intensive 3-day experiential workshop enables students to learn about the covert dynamics of teams and organizations through hands-on engagement with their peers. Staffed by leading Clinical and Organizational Psychologists the retreat also helps students to develop a deeper awareness of their leadership styles their key strengths and development needs - and the underlying motivators that drive them. It is this personalized approach that provokes many students at the end of the retreat to spontaneously comment, this is why I chose IDC. Dr. Sivanie Shiran Following the retreat, the ALDP continues with open, modular programming throughout the year - allowing students to customize their learning experience so that it best addresses their individual needs and interests. Students are invited to attend small group workshops that allow them to consult with peers and experts on their unique professional and career dilemmas as emerging managers. Besides growing their skills, these workshops help students put their full potential to work and afford them an exceptional opportunity to network with students from other programs. Those students enrolled in the ALDP also have the privilege of engaging in in-depth one-on-one coaching. Finally, the ALDP also invites students to participate in the exclusive series LEADERSHIP BEHIND THE SCENES which includes spotlight interviews with extraordinary leaders from the field of global business. The Arison Leadership Development Program is directed by Dr. Sivanie Shiran who joined IDC after working at Harvard Business School and at the Institute for Management Development (IMD) in Switzerland, where she facilitated leadership development programs for over fifteen years. A Clinical Psychologist, Jungian Analyst and Organizational Consultant, Dr. Shiran has extensive international experience working with high profile MBA students and senior executives in the private sector. 11

12 SELECTED FACULTY OF THE GLOBAL MBA Dr. Nadine Baudot-Trajtenberg Ph.D, Harvard University Serves as Deputy Governor of the Bank of Israel. She spent twenty years in the banking industry in Israel and is a leading spokesperson to the investor community on matters of finance, banking and economic developments. Dr. Baudot-Trajtenberg s interests are the economics of globalization, corporate communication, and the political economy of Israel. She serves on the board of public corporations and public organizations. Prof. Zvi Eckstein Ph.D, The University of Minnesota Professor Zvi Eckstein holds a BA in Economics from Tel Aviv University and a Ph.D. in economics from the University of Minnesota. He is currently serving as Dean of the Arison School of Business and the School of Economics at IDC Herzliya. He is also the Head of the Aaron Economic Policy Institute at IDC and Judith C. and William G. Bollinger visiting professor at the Wharton School of the University of Pennsylvania. He previously served as Deputy Governor Bank of Israel and he is emeritus professor of Economics at Tel Aviv University. Professor Eckstein is a Fellow at Econometric Society and gave the Walras-Bowley lecture at the Econometric society and served as editor of the European Economic Review. He was a lecturer in leading U.S. universities, including Yale, Carnegie-Mellon, Boston University and the University of Minnesota. Prof. Ronen Israel Ph.D, Northwestern University Prof. Israel is a professor of finance at the Arison School of Business, the director of the Entrepreneurship Center at IDC Herzliya and a visiting professor at the University of Chicago Graduate School of Business. Prof. Israel has served as a professor of finance both at Michigan University Business School and Carnegie Mellon University and taught in the MBA programs at the Kellogg School of Management at Northwestern University, Columbia Business School, Duke University and London Business School. His main research interests are the capital allocation process, organizational design, capital structure and bankruptcy. Prof. Elazar Berkovitch Ph.D, Northwestern University Prof. Berkovitch is the former dean of the Arison School of Business and the director of its MBA Program. He has been a professor at Michigan University and at the School of Business Administration at Tel Aviv University. He also has taught at Northwestern University and the Technion. The primary focus of Prof. Berkovitch s research is corporate finance, mergers and acquisitions, bankruptcy, reorganization of firms, executive compensation and incentives. He has published many articles on finance in international journals. Prof. Berkovitch served as a member of the editorial board of the Review of Financial Studies and the European Financial Review. Prof. Jacob Goldenberg Ph.D, The Hebrew University of Jerusalem Prof. Goldenberg s research focuses on creativity, new product development, diffusion of innovation, complexity in market dynamics and social networks effects. He is one of the founders of the global SIT (systematic inventive thinking) Company which specializes in consultancy of developing new products. He has published many articles in leading economic journals, such as Journal of Marketing Research, Marketing Science, Journal of Marketing, Nature Physics and Science and others and is the author of two books published by Cambridge University Press. Prof. Barak Libai Ph.D, North Carolina University at Chapel Hill Prof. Libai was on the faculty of the Recanati Graduate School of Business at Tel Aviv University, the Faculty of Industrial Engineering and Management at the Technion - Israel Institute of Technology, and a visiting professor at the MIT Sloan School of Management. His research focuses on customer local effects such as word of mouth, and their effect on new product growth and the firm s profitability. Prof. Libai has published in journals such as Marketing Science, Journal of Marketing and the International Journal of Research in Marketing, among others. 12

13 Prof. Varda Liberman Ph.D, Tel Aviv University Prof. Liberman is one of the founders of the IDC and served as the Vice Dean of The Arison School of Business. She is the head of Judgment and Decision Making area and the director of the Mathematical and Statistical studies at the IDC. Prof. Liberman served as an associate researcher at the Institute for Advanced Studies of the Hebrew University and at Stanford University where she continues to serve as a visiting researcher every summer. Her research interest deals with probabilistic judgments and decision making in which she co-authored the book Critical Thinking with the late Amos Tversky. Prof. Oded Sarig Ph.D, University of California, Berkeley Prof. Sarig is the Shrem, Fudim, Kelner Professor of Finance at IDC and former dean of the Arison School of Business. His past academic positions were at Columbia University, Tel Aviv University and The Wharton School of the University of Pennsylvania. He has published books and multiple articles in leading academic journals. Prof. Sarig is presently the director of the Capital Market, Insurance and Savings Department at the Israel Ministry of Finance. Dr. Dan Segal Ph.D, New York University Dr. Segal He has degrees in business administration, economics and accounting. His primary research interests include financial accounting issues such as the effects of accounting information on economic decisions, earnings management, the conservatism principle and company valuation. Dr. Segal has published research papers in leading accounting and finance journals such as the Accounting Review, the Journal of Accounting Research and Review of Financial Studies. Dr. Shiran Sivanie Ph.D, University of Haifa Dr. Shiran joined IDC after working at Harvard Business School and at the Institute for Management Development (IMD) in Switzerland, where she facilitated leadership development programs for over fifteen years. Her work emphasizes an understanding of the unconscious processes that drive decision-making and behavior, and the covert dynamics of authority and leadership as they play out within and between teams in organizational matrices. Prof. Eitan Muller Ph.D, Northwestern University Prof. Muller has a joint appointment at the Arison School of Business and at the Stern School of Business at NYU. His research deals mainly with new product growth, social networks and new product pricing. Prof. Muller was a professor of marketing at The Hebrew University of Jerusalem, Tel Aviv University, visiting professor of marketing at Northwestern University, the University of Pennsylvania, and the University of Texas at Austin. He has published extensively in journals in marketing, business and economics. Dr. Mark Schwartz Ph.D, York University Dr. Schwartz, PhD, MBA, JD is associate professor of Law, Governance and Ethics at York University, in Toronto, Canada. He has taught at The Wharton School of the University of Pennsylvania, Tel Aviv University and Bar Ilan University. Dr. Schwartz has published in a number of academic journals including the Journal of Business Ethics, Business Ethics Quarterly, Business and Society Review and Business & Society. Dr. Schwartz has consulted with a number of business firms and governments around the world on topics related to business ethics. Prof. Ron Shachar Ph.D, Tel Aviv University Professor Shachar is the Former dean of the Arison School of Business. He has a PhD in economics from Tel Aviv University, and a post-doc from Harvard University. He held an appointment at the Yale School of Management before returning to Israel where until recently he lead the marketing area at Tel Aviv University (he also won the best lecturer award). He has been a visiting professor at Duke University since Prof. Shachar s research focuses on major advertising and branding issues as well as exploring strategic and marketing related aspects in the entertainment industries (e.g. TV and movies) and in political campaigns. Prof. Yair Tauman Ph.D, The Hebrew University of Jerusalem Professor Yair Tauman is the dean of the Adelson School of Entrepreneurship and a former dean of the Arison School of Business at IDC Herzliya. He has been the academic director of the Zell Entrepreneurship Program since He obtained his PhD and MSc in mathematics, both under the supervision of Nobel Laureate Robert Aumann. His areas of research are game theory and industrial organization. He has been Leading Professor of Economics and the Director of the Center for Game Theory in Economics at State University of New York, Stony Brook. Prof. Tauman has taught at Tel Aviv University, the Kellogg School of Management. 13

14 CAREER CENTER The Career Center at IDC Herzliya aims to prepare students and alumni for the modern job market by providing them with the tools and resources to find employment both before and after they graduate. The Career Center serves as a bridge between the educational and the professional periods in the lives of IDC Herzliya students and alumni and provides a variety of networking, career counseling, placement and informational services to IDC Herzliya students and alumni enabling them to meet their career goals. GIVE YOUR CAREER PATH A HEAD START Professional acceleration Personal empowerment Global perspectives CAREER CENTER SERVICES Individualized career counseling and career guidance in the field of employment: career paths; CV workshops; interview tips. A variety of open positions for MBA students/alumni are sent via on a weekly basis. A frequently updated database containing a variety of full-time, part-time and short-term jobs. Recruiting and networking events which allow employers and students to meet and network. Workshops, lectures and printed material on supplementary processes of job hunting. Job fairs 14

15 STUDENTS PROFILE Average years of employment post completion of first degree 5 Average Age 31 DEGREE SUBJECT 9% Law and Business Administration 3% Medical Science and Nursing 36% Business Administration and Manangement 14% Computer Science/MIS 10% Engineering 3% Industrial Engineering and Management 10% Other 6% Economics/Accounting 3% Government, Diplomacy and Strategy 6% Psychology ACADEMIC INSTITUTION 12% Other 12% Tel Aviv University 6% The College of Management 17% Ben Gurion University of the Negev 3% The Hebrew University of Jerusalem 26% Overseas Universities 21% IDC 4% The Academic College of Tel Aviv-Yaffo 3% The Open University 3% Bar-Ilan University JOB SECTORS 13% IDF / Government institutions 4% Building Construction & Real Estate 46% Hi-Tech/Internet/E-Commerce Companies 12% Banking, Finance and Accountancy 3% Manufacturing Industry 9% Pharma/Biotech Industry 6% Economics/Accounting 3% Law Firms 4% Other 15

16 APPLICATION & ADMISSION REGULATIONS APPLICATION PERIOD APPLICATION FEE (non refundable) The application period for the academic year starting in 2016 and ending in 2017 is: The application fee is 300 NIS and covers part of the expense of processing and evaluating an application to study at IDC Herzliya. January 1, 2016 August 31, The application period for students required to take MBA preparatory courses ends on July 25, The Global MBA Program has a rolling admissions process, meaning that applicants do not have to submit an application on a fixed date but may submit their application at any time prior to the last deadline on August 1, Due to the competitive nature of the admissions process, applicants are recommended to prepare their application well in advance of the deadlines. In particular, studying for and taking the GMAT is a lengthy process that should be started in parallel with the application process. ADMISSION CRITERIA Completed undergraduate degree from a recognized academic institution. Solid academic background as demonstrated by grades and overall GPA. GMAT score (exemption may be granted for qualifying candidates). The early application period is open from January 1, 2016 until May 1, Demonstrated professional experience of 3 years after the undergraduate degree. The late application period is open from May 2, 2016 until August 31, Outstanding personal achievements. 16

17 HOW TO APPLY? ONLINE APPLICATION APPLICATION PROCESS Complete the online Application form, including essays, recommendation letters, transcripts and documents at: Upload to * scanned official transcripts of previous academic studies (undergraduate or graduate degrees). The documents have to bear the official stamp from the issuing institution. Scanned photocopies of the original documents will be accepted only if properly notarized**. Detailed CV describing professional experience. Two letters of recommendation, preferably one from a source who can comment on academic abilities and one from a source who can comment on professional experience. We would prefer that all recommendations be sent directly to master@idc.ac.il. Official results of the GMAT exam (where applicable). Applicants should ask the testing agency to send the results directly to the IDC, Arison School of Business. A copy of the candidate s Israeli identity card or international passport. A short biography (Bio Form). The application process consists of two stages: Stage 1: Your application will be evaluated by the Admissions Committee, based on the submitted material (essays, official transcripts, GMAT score, etc.). Stage 2: Applicants who successfully pass stage 1 will be invited to a personal interview with the Admissions Committee. (Applicants living outside of Israel may be interviewed by phone, video conference or by a visiting professor). The Admission Committee will evaluate and reach decisions regarding your candidature and you will be informed of your Applicant Status, once decided. SECURING YOUR PLACE IN THE PROGRAM Accepted applicants must pay a 9,900 NIS down payment in order to secure their place in the program. Please remember that only once the down payment has been received, is the applicants place secured, thus confirming their place in the program. * If requested, original documents will be returned by mail. ** An official, notarized, English translation must be submitted for all transcripts not originally issued in English. MBA PROGRAM TUITION* The entire tuition for the Global Management (GMBA), which begins in the fall of 2016, is 99,000 NIS. * IDC reserves the right to change all tuition and fees rates without prior notice. 17

18 CALENDAR Retrit: Preparatory Courses Opening Event Mini Semester 1 Mini Semester 2 Mini Semester 3 Purim Pesach break Memorial day and Independence day Mini Semester 4 Shavuot Mini Semester 5 Rosh Hashanah Yom Kippur Succoth Study trip to China I&E US study trip Mini Semester 6 Mini Semester 7 Mini Semester 8 Pesach break Memorial day and Independence day Mini Semester TBA TBA * The dates are tentative and can be changed 18

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20 ADMISSIONS DEPARTMENT Interdisciplinary Center Herzliya Kanfei Nesharim Street, P.O.Box 167 Herzliya 46150, Israel Tel: , Fax: ADMISSIONS DEPARTMENT (For International students) Interdisciplinary Center Herzliya Kanfei Nesharim Street, P.O.Box 167 Herzliya 46150, Israel Tel: , Fax: NORTH AMERICA Raphael Recanati International School c/o American Friends of IDC 116 East 16th Street, 11th Floor New York, NY, US Tel: RRIS, , Fax: Design: Guy Tamir - You are also encouraged to fill out the contact form at Production: Mimi Laufer, Inbal Shapira Photography: Kfir Bolotin, Gadi Dagon, Alon Gilboa, Sarit Goffen Peter Halmagyi, Oren Shalev, Yehudit Svirsky, Ron Yitzhak