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Arison School of Business
GLOBAL
MBA
PROGRAMS
2008 - 2010

TABLE
OF
CONTENTS
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The Interdisciplinary Center (IDC) Herzliya
Ted Arison
The Raphael Recanati International School
Arison School of Business
Application and Admission Regulations
IDC Herzliya Alumni
Events and Activities
Services and Facilities
Scholarships
Calendar 2008-2009
1

FROM
THE
PRESIDENT
At the dawn of the 2008-2009 academic year, the
Interdisciplinary Center (IDC) Herzliya finds itself in the
midst of implementing strategic plans for its second
decade of activity. We are expanding our English-language
graduate program in the Business School and the School of
Government. Over the past fourteen years, our schools and
research institutes have won international recognition and
our alumni have taken impressive steps toward changing
the face of Israeli society. In the coming years, we will build
upon these accomplishments and expand our academic programs and activities to
exciting new heights. Students who enroll in this new graduate program through the
Raphael Recanati International School will be joining one of the leading academic
institutions in Israel.
IDC Herzliya has led this academic avant-garde movement since its inception. We
combine the study of theory with real-world experience. Our educational method
is based on an interdisciplinary approach, information technology and openness to
the international horizon. Our outlook, which is rooted in the concepts of liberty
and responsibility, emphasizes initiative and leadership alongside community service.
International students not only benefit from this outlook, they also gain an all-
encompassing introduction to the State of Israel which includes exploring its roots,
enjoying the country’s unique scenery and learning of its rich history.
I am convinced that everyone who joins us from abroad through the Raphael Recanati
International School will obtain an excellent education and develop meaningful
friendships with students from Israel and dozens of other countries – an experience
that will resonate with them for the rest of their lives.
Prof. Uriel Reichman
President and Founder of the Interdisciplinary Center Herzliya
3

THE CITY OF HERZLIYA:
A UNIQUE POINT ON THE
GLOBAL COMPASS
Hugging the Mediterranean coastline six miles north of Tel Aviv, Herzliya has
some of the most magnificent beaches and seaside hotels in the country. This city
of almost 100,000 – along with the neighboring towns of Kfar Shmaryahu and
Ra’anana – also has one of the highest concentrations in Israel of English-speaking
residents, including immigrants from English-speaking countries and members of
the diplomatic community. The English-Speaking Residents Association and the
Association of Americans and Canadians in Israel sponsor a wide range of social and
community events for English speakers living in this area.
Herzliya also is the capital of the flourishing high-tech sector which has earned
Israel the nickname “Silicon Wadi” and attracted the interest of the world’s leading
venture-capital firms. Many of the Israeli software and biotech companies traded
on American stock exchanges are located in the Herzliya area. Bweb, ComSoft
Technologies, eWave, the Formula Group, Hewlett-Packard and HP Scitex, Horizon
Semiconductors, IBM, Jacada, Matrix, Microsoft, Motorola, New Applicom, SAP
Manage, Silicon Graphics, Sun Microsystems, VCON Telecommunications and
VocalTec Communications are among the many international high-tech companies
that are located near the IDC Herzliya campus.
IDC Herzliya is at the heart of the high-tech education and diplomatic research
that define Herzliya. Many of its faculty members, and an increasing number of its
graduates, are key players in the transformation Israel’s society and economy have
experienced in the past decade – and are still undergoing.
www.herzliya.muni.il
4
Herzliya is the capital of the flourishing high-tech sector
which has earned Israel the nickname “Silicon Wadi” and
attracted the interest of the world’s leading venturecapital
firms.

TED ARISON
(1924-1999)
6
Ted Arison was born and raised in Tel Aviv. He began
studying engineering at the American University in Beirut but
left to enlist in the Jewish Brigade of the British Army during
WWII. Mr. Arison went on to become a lieutenant-colonel in
the Israel Defense Forces.
Mr. Arison and his family moved to the United States in the
early 1950s where he set up the Carnival Cruise Company in
Miami, Florida which ultimately became one of the world’s
preeminent firms in this field. He influenced the cultural life of Miami during the time
he spent there by establishing the National Foundation for Advancement in the Arts,
founding the New World Symphony, and purchasing the Miami Heat NBA team.
Mr. Arison founded the Arison Foundation in the U.S. and, in 1991, also established a
foundation in Israel bearing his name. The Israeli foundation supports and contributes
to education, health, research, and art. Mr. Arison and his wife, Lin, returned to Israel
and opened Arison Investments, which today leads the group of partners in control of
Bank Hapoalim. Arison Investments also has interests in real estate, communications,
and high-tech.
Mr. Arison died in October 1999. The Arison School of Business at the IDC was
established in 1995.

RAPHAEL
RECANATI
(1924 – 1999)
Raphael Recanati was a man of vision; more important, he
was a person who delighted in putting vision to work. He
would have been proud of the Raphael Recanati International
School, which is modern Israel in action.
Israel, he knew, could no longer be just the manifestation
of its ancient promise or revolutionary Zionist prophesies. It
must, through competitive achievements, assume a place of
leadership in new global markets and find ways to participate
as a full partner in the creation of Western culture and international political
institutions. Israeli universities, for their part, must help prepare new generations, both
in Israel and from abroad, to thrive in this emerging world.
The Raphael Recanati International School rejects the convention of seeing Israel
as a follower and invites students to come to IDC Herzliya to learn how to become
leaders – as scientists, as entrepreneurs and as custodians of a uniquely human global
environment. This is the world Raphael Recanati understood and helped to invent.
The Raphael Recanati International School issues this challenge to students of unusual
maturity and ambition: Come and learn the management skills, diplomatic strategies
and technologies that define our age. Come immerse yourself in an unforgettable
adventure. Come join and enjoy a unique student body. Come and learn to be among
the founders of tomorrow’s world.
Michael Recanati
Chairman of the Raphael Recanati
International School
Oudi Recanati
Chairman of the IDC Herzliya Board
of Directors
7

AN INVITATION
FROM THE
HEAD OF THE
RAPHAEL RECANATI
INTERNATIONAL
SCHOOL
As future leaders, movers and shakers you find yourselves
facing many choices and options. I would like to introduce a
unique option to those of you interested in academic studies
in the State of Israel. The Raphael Recanati International
School at IDC Herzliya is open to students from around the
world who would like to deepen their bond with Israel and
Israelis while earning an internationally recognized graduate
degree. Our classes are taught in English, the prevalent
language in the international academic community and the
language which our students, who hail from over fifty different countries, share.
The distinguished faculty members of the Raphael Recanati International School, in
cooperation with the Arison School of Business, will guide you along a rigorous path
that ultimately leads to a fully accredited MBA degree. In addition, we will strive to
demonstrate to you that private initiative, free enterprise and public responsibility
are not incompatible values. We endeavor to build bridges between economic elites
and the underprivileged; between Israelis and Diaspora Jews; and between Israelis
and their neighbors. We also will offer you the opportunity to participate in athletic,
cultural, social and religious activities; our clubs in debating, public advocacy and
entrepreneurship are only some of the many extracurricular activities that help
nurture leadership, solidarity and becoming part of the IDC Herzliya community.
Our goal is to become an international university. The Raphael Recanati International
School has grown significantly and now makes up twenty percent of the student
body at IDC Herzliya. Our graduates are realizing their dreams and building careers
in both Israel and major cities around the world. We hope that you will join us at one
of Israel’s finest academic institutions and give us the opportunity to help you reach
your goals.
Jonathan Davis
Head of the Raphael Recanati International School
Vice President for External Relations
9

A UNIQUE
OPPORTUNITY
The Raphael Recanati International School was established in order to allow students
from around the world to benefit from the excellent academic programs at IDC
Herzliya by offering several of these programs in English. The school strives to find
the brightest and most promising young adults and help them develop the skills
necessary to become the world’s future leaders, while introducing them to Israel
and all it has to offer. The school has grown quickly, attracting hundreds of talented
students from fifty-four countries with its high academic standards, outstanding
faculty, innovative teaching methods and personal attention to each student’s
needs. It is the only institution in Israel where one out five students are international
students thus creating an international flavor on campus. Many Israelis who would
like to perfect their English-language skills and meet students from other countries
also study at the Raphael Recanati International School.
Fully Accredited
Degrees granted by IDC Herzliya are accredited by the Israeli Council for Higher
Education and are recognized worldwide.
Outstanding Faculty
The school’s faculty is world-renowned having earned their degrees from the finest
universities with a high percentage coming from the Ivy League. Computer Science
and Business faculty members are engaged in a number of large-scale research and
development projects that are supported by Israeli and American governmental
agencies, such as the Chief Scientist’s Office of the Israeli Ministry of Science, the
U.S. Department of Defense, the National Science Foundation (NSF) and NASA.
The School of Government faculty includes researchers and scholars famous
for their work on Middle East affairs and international relations, as well as their
work in conflict resolution and counter-terrorism. At the Communications School
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internationally renowned experts on new media explore the impact of changing
technology on society, and the New School of Psychology faculty includes award-
winning academics who are researching topics such as interpersonal relationships,
coping with stress and trauma, suicide prevention, life enhancement and happiness.
Alumni of the IDC Herzliya can be found in the highest levels of the Israeli
government such as the Speaker of the Knesset Dalia Itzik, the Whip of the Kadima
Party Yoel Hasson, and the Israeli Consul General of New York Asaf Shariv.
Affordable Tuition
Tuition at IDC Herzliya is significantly lower than tuitions of colleges and universities
of a similar stature in the United States. The school’s graduates gain the equivalent
of an education from a distinguished private college at a fraction of the cost.
In addition, a limited number of scholarships are available based on academic
excellence. Masa, a project of the Jewish Agency for Israel and the Government of
Israel, grants scholarships for study in long-term programs. The IDC Herzliya has
been recognized as an excellent educational option in Israel for Jewish youth from
around the world, making its international students eligible for Masa grants.
www.masaisrael.org
Real-world Experience
IDC Herzliya believes that it is important for students to apply the theories they
learn in the classroom in the real world, with the guidance and support of faculty
members and mentors. The different academic programs help students obtain
internships both on campus – at IDC Herzliya’s research institutes and as research
assistants to faculty members – and off campus – at businesses and government
institutions.

Not Only Academics
Though the Raphael Recanati International School’s main focus is academics, it also
provides international students with the opportunity to learn about Israel and the
Middle East firsthand and experience Israel as an Israeli does. International students
learn side by side with their Israeli counterparts and are involved in all aspects of
campus life, from the Student Union and volunteer projects to sports and debate
teams. The school offers an extensive extracurricular program that takes students
beyond the boundaries of the IDC Herzliya campus and acquaints them with the
long, rich history and diversity of Israel.
Students’ Countries of Origin
North America
Western Europe
Eastern Europe and Russia
Israel and the Middle East
Latin America
Africa
Asia and Oceania
11

ARISON
SCHOOL OF
BUSINESS
DEAN’S
WELCOME
The modern business world constantly presents managers
with new challenges that require knowledge of a wide range
of topics and an understanding of the international arena.
The Arison School of Business strives to prepare executives
and future business leaders for these challenges. To this
end, we have developed an MBA program that consists of
a high academic level and practical learning. The program
is innovative, and it is continually updated to reflect new
developments in business education and the global arena.
It is created and taught by an internationally regarded faculty who has lectured at
the world’s best universities, such as the Wharton School, University of Michigan,
Columbia University, Northwestern University, University of Chicago, NYU, Cornell
and others. They bring the best and latest in international education and a strong
commitment to quality teaching. Since the initiation of our MBA program in 2001,
it has been considered one of the leading academic programs in Israel.
The Global MBA Programs are a new addition to our school and offer international
students high-level MBA courses and the opportunity to study in Israel. There are
two Programs which will be taught in English: Global Management MBA Program
(GMBA) and Global Entrepreneurship MBA Program (GEMBA) and the emphasis is
on conducting business in the global arena.
Studying in a Program with an international student body will give participants
a significant advantage in the formation of international connections and in
discovering global business opportunities. It will prepare students with the practical
tools and theoretical knowledge needed to establish and manage businesses, and to
develop and implement business initiatives on an international level.
We expect that these Global MBA Programs will be the leading Programs both in
IDC Herzliya and in Israel.
Prof. Elazar Berkovitch, Dean
Arison School of Business
Director, MBA Program
13

GLOBAL MBA PROGRAMS
HIGHLIGHTS
• A first-rate faculty whose
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members are among the best
in their fields and have taught
at the world’s leading business
schools such as Michigan,
Columbia, Kellogg, Cornell,
Wharton and NYU.
• An emphasis on applying
theories and turning them into
business procedures, including
the use of case studies and
hands-on projects.
• A study trip to China that will
include tours of international
companies and meetings with
executives and businesspeople.
• These Global Programs are
taught completely in English
and are designed to prepare
executives from Israel and
around the world to function
in the international business
arena. Two Programs are
offered: Global Management
(GMBA) and Global
Entrepreneurship (GEMBA).
• A continuous eighteen-month
Program, with most classes on
Sunday evenings and Friday
mornings.
• Career counseling, identifying
employment opportunities and
personalized advice.
• The GEMBA Program offes a
unique opportunity for students
to experience the initiation
and development of their own
company.
• GEMBA students learn regularly
from the experience of business
leaders and entrepreneurs in an
informal intimate setting.
“We succeed in attracting students who show
both commitment and diligence. We regard these
qualities essential to the success of the program.
”
Prof. Elazar Berkovitch, Dean of Arison School of Business

THE
STRUCTURE
OF THE MBA
PROGRAM
The MBA Program will begin on October 26, 2008. The Program consists of six-week
mini-semesters. Students will take three courses each mini-semester. Each of the
courses offered during a mini-semester is worth one semester credit (one semester
credit equals two academic credits). Each course will meet twice a week for eighty
minutes or once a week for 160 minutes.
Most classes will be held on Sunday afternoons and evenings and on Friday
mornings. All students must participate in a Cross Cultural Course throughout the
entire program. The course will be held once a month on a weeknight.
Prior to the first mini-semester preparatory courses will be offered in statistics,
economics and mathematics. The preparatory courses will be held in the evening.
At the same time, a concentrated workshop will be given on management and
leadership skills.
Since the Program includes courses taught by guest lecturers who teach at leading
universities around the world, some concentrated courses may include classes on
other nights of the week.
At the end of each mini-semester, there will be a vacation that is at least thirteen
days long. Exams will be given during the vacation. There is not a second (make-up)
exam period in the MBA Program.
The Israeli Council for Higher Education has accredited IDC Herzliya to grant MBA
degrees at its Arison School of Business.
Please note: The academic authorities at the Interdisciplinary Center (IDC) Herzliya reserve the right to
cancel, alter or expand disciplines and/or majors offered and to change the course times and/or course
instructors.
Opening Ceremony
The Program’s opening ceremony will take place on Friday, October 24,2008 at
10:00 a.m. Students will meet their fellow classmates and the Program’s academic
and administrative staff this morning. Participating in the opening ceremony is vital
to successfully integrating into the Program.
15

THE GLOBAL MANAGEMENT
MBA PROGRAM
(GMBA)
Academic Advisor:
Prof. Oded Shenkar
This distinctive curriculum combines MBA studies with a specialization in Global
Management. It includes the classic components of MBA studies with an international
orientation and an emphasis on unique content that is relevant to conducting business
in the global arena.
The Program is designed for executives from Israel and abroad who operate in the
international business arena, executives of multinational companies, exporters,
importers, entrepreneurs, investment managers, and international real estate
entrepreneurs and investors, among others. It was established to provide students
with the tools needed to conduct business in the global arena.
Throughout the course of studies students will examine the international arena from
the perspective of different disciplines relevant to management such as marketing,
finance, law and culture. Topics such as: cross cultural management (companies that
operate in different countries), international strategic alliances, managing people in
global markets and international law will be considered.
The faculty consists of the best lecturers from the world’s leading business schools.
They are involved in the business arenas of various countries and share their
experience in the classroom. The Program operates under the academic guidance of
Prof. Oded Shenkar, an expert on global management who has extensive experience
conducting business in the Chinese arena. Prof. Shenkar has served as a consultant
to many multinational companies, governments and international organizations, as
well as having been a guest lecturer at many universities in China.
A study trip to China is part of the curriculum and includes visiting international
companies and meeting executives and businesspeople.
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“I come from the world of accounting and
economics. Selecting the MBA Program with a major in
finance at IDC Herzliya was a smart move for me. This
is true even though there are many programs in the
market that are designed especially for accountants. The
studies at IDC Herzliya were intensive. In addition to
the case studies taught at the world’s leading business
schools, this Program provided me with critical thinking
tools and even strengthened my abilities in the area of
finance, which is vital for a financial manager.
”
Raed Hag-Yehia, 36, ‘05
Accountant, Internal Controller, Bank Leumi

CURRICULUM
Preparatory Courses
Mathematics, Economics and Statistics
Concentrated Courses
Leadership and Management Skills
Workshop
Workshop on Presentation Skills
Powerful, Pithy & Persuasive:
A Communication Skills Program
Cross Cultural Management
(academic year-long course)
Study Trip Abroad
Visit international companies in
China and meet with executives and
businesspeople (10 days).
List of Core Courses
• B2B Marketing
• Business Ethics in a Global
Community
• Business Strategy A
• Business Strategy B
• Cross-cultural Management
• Entrepreneurship in the Web Era
• Financial Accounting 1
• Financial Accounting 2
• Financial Management 1
• Financial Management 2
• Global Marketing
• Global Strategy Management
• Intellectual Property Rights
• International Corporate Law
• International Economic
Institutions - (emphasis on EU)
• International Negotiations
• International Strategic Alliances -
Interdisciplinary Perspective
• Investment Theory
• Leadership Development
• Macroeconomics for Managers
• Managerial Accounting
• Managing People in Global
Markets
• Marketing 1
• Marketing 2
• Marketing Research
• Models in Marketing
• Quantitative Method
The list of courses is tentative and
subject to change.
17

THE GLOBAL
ENTREPRENEURSHIP
MBA PROGRAM
(GEMBA)
Head of Program:
Prof. Ronen Israel
The goal of the Global Entrepreneurship MBA Program is to encourage business
leadership and to develop students’ entrepreneurial abilities via an innovative platform
for entrepreneurship studies – learning through doing – which was developed by the
Entrepreneurship Center at IDC Herzliya. The curriculum addresses entrepreneurship
in all its aspects and allows students to gain practical experience by establishing a
commercial or social venture. The Program builds on Israel’s status as a center of high-
tech entrepreneurship and depends on IDC Herzliya’s reputation and resources as a
leader in interdisciplinary education.
The Program is an opportunity for students from a variety of cultural backgrounds
from all parts of the world to interact and learn from one another. Students will
create a unique international network of businesspeople with a shared vision and the
potential to become leaders in the professional world.
The Program is taught in English and is designed for students from Israel and abroad
who have demonstrated entrepreneurial, business or leadership skills. The Program is
challenging and intense and therefore is suitable for students interested in devoting
most of their time and energy to developing their own ventures; that is, for true
entrepreneurs.
The Entrepreneurship Program endows students with wide-ranging theoretical
knowledge and practical tools vital to entrepreneurship, while focusing on three
dimensions:
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Entrepreneurship Studies: Specifically crafted courses in entrepreneurship
studies. Courses include Entrepreneurial Finance, Strategic Innovation Management,
Intellectual Property Rights, Intercultural Negotiations and Entrepreneurship in the
Internet Era. These courses offer a rigorous curriculum with assignments that are
tailored, whenever possible, to the businesses that students develop during the
Program.
Bringing Business to Life: This part of the Program provides a platform for creating
new business and social enterprises during the Program itself. The platform to
create a new business is the central component of the Program. It enables teams
of students to develop a new business during their studies, from the conception
of an idea to its fruition as a company producing value. The course core faculty
and a mentor from the industry, who specializes in an area relevant to the team’s
business, guide the teams through the process. Each team presents the business it is
developing to panels of representatives of venture capital funds, entrepreneurs and
businesspeople. The teams also have access to a variety of advisors who work with
the Entrepreneurship Center at IDC Herzliya. Students enjoy the opportunity to learn
from the experience of successful entrepreneurs and leading businesspeople.
Entrepreneurs’ Tales: A significant part of the Program, this class consists of regular
meetings with entrepreneurs, professionals and senior members of the business
community to discuss a variety of topics related to entrepreneurship in an informal
atmosphere. The union of the many experiences shared by the guest speakers with
the students exposes students to many aspects of creating and doing business in a
unique way that enriches the students’ learning experience beyond the traditional
course-based studies.

CURRICULUM
The GEMBA Program is an intensive
one with classes held on Sundays
and Fridays. Additional study days
will take place, usually on Thursdays,
but due to campus/general program
limitations, classes may be held on
other days. Specific dates are provided
whenever available. Other dates
will be published as they become
available.
Mini Semesters 1-5
• Entrepreneurship 101
Dr. Etay Shilony
(2 credit course)
• Business Presentation Skills
and Speaker Training
Lior Student
(no credit course, mandatory
workshop on a pass-fail basis)
• Entrepreneurship in the Web Era
Prof. Simon Schocken and
Maya Elhalal
(1 credit course)
• Entrepreneurs’ Tales – Part 1
Weekly Workshop
Prof. Ronen Israel
(2 credit course for parts 1 and 2)
Mini Semesters 6-9
The following two courses are multiple
mini semester core GEMBA courses
that are offered only to GEMBA
students. They are given during each
mini semester.
• Bringing Business to Life
Prof. Ronen Israel
(4 credit course)
• Entrepreneurs’ Tales – Part 2
Weekly Workshop
Prof. Ronen Israel
(2 credit course for parts 1 and 2)
The following two courses are single
mini semester core GEMBA courses
that are offered only to GEMBA
students. They will be spread over
mini semesters 7 through 9; that is,
there will be a couple of classes each
semester, for a total of six classes.
• Entrepreneurial Finance
Prof. Ronen Israel
(1 credit course)
• Strategic Innovation
Management
Dr. Eyal Maoz
(1 credit course)
The following two courses are single
mini semester core GEMBA courses
that are offered to GMBA and GEMBA
students.
• Intellectual Property Rights
Dr. Neil Wilkof
(1 credit course)
• International Negotiations
To be announced
(1 credit course)
19

Faculty of the Arison School of Business:
Top row, from right: Prof. Rafi Melnick, Prof. Jerry Wind, Dr. Eyal Sulganik, Shlomi Shuv, Keren Bar-Hava, Prof. Oded Sarig, Prof. Jacob Boudoukh
20 Middle row: Prof. Rafi Eldor, Dr. Tal Katz-Navon, Dr. Yaron Timmor, Miriam Simon, Dr. Dan Segal, Dr. Yitzhak Oron
Bottom row: Prof. Moshe Bar Niv (Burnovski), Dr. Varda Lieberman, Prof. Elazar Berkovitch, Prof. Amir Barnea, Dr. Talia Rymon, Prof. Ronen Israel

FACULTY
Prof. Amir Barnea
PhD, Cornell University
Prof. Barnea is the founding dean and a faculty member of the Arison School of
Business. He was a professor of finance at Tel Aviv University and at Rice University
in Houston, Texas and served as a visiting professor at leading American universities.
His main areas of specialization are assessing financial assets and arbitration for
corporate finance. Prof. Barnea has published many articles in top journals of
finance and the book Agency Problems and Financial Contracting. He has served on
numerous public committees and runs Barnea Financial Consulting.
Prof. Elazar Berkovitch
PhD, Northwestern University
Prof. Berkovitch is the 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 Boudoukh
PhD, Stanford University
Prof. Boudoukh is the academic director of the Caesarea Edmond Benjamin de
Rothschild Center for Capital Markets and Risk Management at IDC Herzliya. He
is a research associate of the National Bureau of Economic Research in Boston and
a faculty member of the Arison School of Business. From 1990 until 2004 he was
a faculty member at the Stern School of Business, NYU. Prof. Boudoukh’s areas
of expertise include asset pricing, global macro-investment management and risk
management.
Prof. Eyal Byalogorsky
PhD, Duke University
Dr. Biyalogorsky is a professor of Marketing at the Arison School of Business.
Prior to coming to IDC Herzliya he taught at the University of California, Davis.
His main areas of research include pricing, product and brand management, internet
marketing, and managerial decision making. Dr. Biyalogorsky serves on the editorial
board of Marketing Science, and has published articles in leading marketing journals
such as Marketing Science and Journal of Marketing.
Dr. Wayne Cascio
PhD, University of Rochester
Dr. Cascio is U.S. Bank Term Professor of Management at the University of Colorado
Denver. He has published twenty-one books, and more than 135 articles and book
chapters. His publications include: Investing in People; Managing Human Resources:
Productivity, Quality of Work Life, Profits; Applied Psychology in Human Resource
Management; Costing Human Resources: The Financial Impact of Behavior in
Organizations; and, Responsible Restructuring: Creative and Profitable Alternatives
to Layoffs. A former president of the Society for Industrial and Organizational
Psychology and member of the Academy of Management’s Board of Governors,
Dr. Cascio is an elected fellow of the National Academy of Human Resources,
the Academy of Management, and the Society for Industrial and Organizational
Psychology. He received an honorary doctorate from the University of Geneva in
2004, and has consulted to more than 150 organizations.
Prof. Gilad Chen
PhD, George Mason University
Dr. Chen is an associate professor of Management & Organization at the University of
Maryland’s Robert H. Smith School of Business. Prior to joining the Smith School, he
was on the faculty at the Georgia Institute of Technology and Texas A&M University,
and a visiting scholar at the Hong Kong University of Science and Technology,
Technion, and Tel Aviv University. Dr. Chen teaches courses on organizational
behavior, human resource management, and methodological topics and his research
focuses on work motivation, teams and leadership, and research methodology
with particular interests in gaining better understanding of leading and motivating
employees working in teams, and examining multilevel organizational phenomena.
He currently serves as associate editor of the Journal of Applied Psychology, and as an
editorial board member of the Academy of Management Journal.
21

Prof. Rafi Eldor
PhD, Harvard University
Prof. Eldor is the academic director of the Rich Center for the Study of Trading
and Financial Markets at IDC Herzliya and the coordinator of the Finance Major
at the Arison School of Business. He has taught at Tel Aviv, Boston, Columbia and
Bar-Ilan Universities. He has served as chairman of the board of a publicly traded
company, general manager of a money management firm and as a consultant on
futures and options. Prof. Eldor has published articles in professional journals such
as the International Economic Review, the Journal of Futures Markets, the Journal of
International Economics, the Review of Economics, and the Journal of Finance and
Statistics, as well as a book on futures and options.
Prof. Jehoshua Eliashberg
PhD, Indiana University
Prof. Eliashberg is the Sebastian S. Kresge Professor of Marketing and Professor of
Operations and Information Management at the Wharton School of the University of
Pennsylvania. He is a member of the International Advisory Board of IDC Herzliya. Prof.
Eliashberg has published many articles in leading marketing journals and serves as a
senior consultant in the fields of marketing research and new product development
in the entertainment, communication, and the pharmaceutical industries. His main
research interests are: marketing, operations, R&D; marketing research; global
marketing; new product planning and forecasting models; and, business issues in the
entertainment and pharmaceutical industries.
Dr. Dan Elnathan
PhD, University of Pennsylvania
Dr. Elnathan is on the faculty of the School of Business, College of Management,
Rishon LeZion, Israel. His areas of interest include international financial reporting,
management accounting, costing and control. Dr. Elnathan has been a faculty member
at Tel Aviv University, the University of Southern California and a visiting professor at
the University of Michigan, the Vlerick School of Business Administration in Belgium,
and at Bar-Ilan University. He has lectured at numerous executive training programs in
Israel, the USA, Europe and Asia and has served as a consultant to the Israel Securities
Authority, the Israel Electric Company, and companies in the fields of electronics and
security.
22
Dr. Shachar Hadar
SJD, Harvard Law School
Dr. Hadar is a partner in the U.S. Group at Gross, Kleinhendler, Hodak, Berkman &
Co. law firm (GKH&BW). Prior to joining GKH&BW in 2006, he was an associate
in the Business Law Department at Goodwin Procter in Boston, Massachusetts,
where he worked on a wide variety of corporate and securities matters. Dr. Hadar
serves as ongoing corporate and securities counsel for both publicly traded and
private companies in a variety of industries and his experience in corporate finance
transactions includes representing issuers and underwriters in transactions such as
IPO’s, follow-on offerings, 144A offerings and universal shelf offerings. Dr. Hadar is
also an adjunct lecturer at Tel Aviv University and a member of both the Israel Bar
Association and the Massachusetts Bar Association.
Prof. Ronen Israel
PhD, Northwestern University
Prof. Israel is a finance professor at the Arison School of Business, the director of
the Entrepreneurship Center at IDC Herzliya, a visiting professor at the University of
Chicago Graduate School of Business, and adjunct Professor at Columbia Business
School. Prof. Israel has served as a finance professor both at Michigan University
Business School and Carnegie Mellon University and taught in the MBA programs
at the Kellog School of Management at Northwestern University, Duke University,
the London Business School, the Free University of Bozen-Bolzano in Italy and the
Technion. He has published many articles in leading economic journals on corporate
finance. His main research interests are the capital allocation process, organizational
design, capital structure and bankruptcy. Prof. Israel’s current research focuses on
entrepreneurial finance, the capital allocation process and managerial compensation.
Dr. Varda Liberman
PhD, Tel Aviv University
Dr. Liberman is the vice dean of the Arison School of Business and the director of
Mathematical and Statistical Studies at the IDC. She 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 Dr.
Liberman co-authored the book Critical Thinking with the late Amos Tversky. As an
expert on decision making, Dr. Liberman gives lectures and executive training courses
for Israeli organizations such as banks, investment companies and the Israel Defense
Forces.

Prof. Sarit Markovitch
PhD, Tel Aviv University
Dr. Markovitch is an assistant professor of Management & Strategy at IDC Herzliya.
Prior to joining the IDC faculty, she was a professor of strategy at Kellogg School of
Management at Northwestern University and the Recanati Business School at Tel Aviv
University. Dr. Marcovitch’s current research and teaching interests include dynamic
models of oligopolies, and applied microeconomics with particular focus on firms’
strategic behavior in markets with network effects, advertising dynamics, bundling
activities, as well as patents.
Prof. Rafi Melnick
PhD, University of California, Berkeley
Prof. Melnick joined the IDC in 1998. Prior to that he held teaching positions at the
Hebrew University of Jerusalem and visiting positions at Boston University and the
University of California, Davis. Prof. Melnick served as deputy director of research
at the Bank of Israel. He has published a variety of articles in professional journals
in the areas of monetary economics, inflation, the Israeli economy and applied
econometrics. Prof. Melnick developed the State of the Economy Index for the Israeli
economy which is published by the IDC on a monthly basis. His professional activities
include serving as chairman of the investment committee of Migdal Insurance
Company. In the past he was chairman of the investment committee at Hamagen
Insurance Company, economic consultant to Bank Leumi, member of the board of
directors of Ofek Securities and Investment Ltd. and research associate at the Center
for Social Policy Studies in Israel.
Prof. Roni Michaely
PhD, New York University
Prof. Michaely is the Rudd Family Professor of Management at Cornell University and
a finance lecturer at the Arison School of Business. His research focuses on corporate
finance, particularly raising capital and IPO policies, and he has published articles on
finance in leading international journals including the Review of Financial Studies.
A study published in the Journal of Finance Literature ranked Prof. Michaely number
thirty-four, out of 332 researchers, based on the number of articles that they had
published in the world’s top seven finance journals over the past fifty years. In 2006,
the readers of the Journal of Financial Economics selected an article of his as the best
one in the corporate and organizational finance category. Prof. Michaely has served
on the board of the Israel Securities Authority.
Dr. Talia Rymon
PhD, University of Pennsylvania
Dr. Rymon is the deputy dean of the Arison School of Business and heads the
marketing programs at IDC Herzliya. She was a member of the Marketing Faculty
at Carnegie Mellon University from 1993 to 1996 and then joined the IDC Herzliya.
Dr. Rymon’s research interests include marketing strategy, competitive signaling,
behavioral game theory and services marketing. She serves as a judge in leading
marketing competitions in Israel, such as the Effie Awards and the ‘Product of the
Year’ competition.
Prof. Oded Sarig
PhD, University of California, at Berkeley
Prof. Sarig is the Shrem, Fudim, Kelner Professor of Finance at the Arison School of
Business where he was a former dean. He has taught at Columbia University, Tel Aviv
University and the Wharton School of the University of Pennsylvania. His research
focuses on theoretical and empirical dilemmas in corporate finance. Prof. Sarig has
published articles in leading academic journals and co-authored two books, Corporate
Finance: A Valuation Approach and Dividend Policy: Its Impact on Firm Value.
Prof. Shimon Schocken
PhD, University of Pennsylvania
Prof. Schocken is the founding dean of the Efi Arazi School of Computer Science
at IDC Herzliya and the IDB Professor of Information Technology. He was the
recipient of the ICIS Best Doctoral Dissertation in Information Technologies Award.
Prof. Schocken served as an associate professor and director of the undergraduate
program in information systems at New York University for a decade. In 2005
he was a visiting professor at Harvard University. Prof. Schocken has published
books and articles on artificial intelligence, decision theory and computer science
fundamentals. He recently developed an innovative course on building digital
systems that led to a book published by MIT Press and an IBM Eclipse Scholar Award
in software engineering.
23

Dr. Mark Schwartz
PhD, York University
Dr. Mark Schwartz is associate professor of Governance, Law and Ethics at York
University, Toronto and sessional lecturer in the Legal Studies and Business Ethics
Department of the Wharton School, University of Pennsylvania. He has published in a
number of academic journals including the Journal of Business Ethics, Business Ethics
Quarterly, and Business & Society. He is a co-author of the textbook Business Ethics:
Readings and Cases in Corporate Morality and is a research fellow of the Business
Ethics Center of Jerusalem. Dr. Schwartz has consulted with a number of business
firms and governments around the world on topics related to business ethics.
Dr. Dan Segal
PhD, New York University
Dr. Segal is a faculty member at the Arison School of Business. 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.
Prof. Oded Shenkar
PhD, Columbia University
Prof. Shenkar is the academic advisor of the Global Management Program (GMBA) at
IDC Herzliya. His academic training is in business administration, East Asian (Chinese)
studies and sociology. He specializes in Chinese management systems, cross-border
alliances and mergers, and the management of multinational companies. Prof.
Shenkar holds the Ford Motor Company Chair of Global Business Management and is
a professor of Management and Human Resources at the Fisher College of Business,
Ohio State University. He was a senior visiting fellow at Cambridge University and
has taught at leading universities around the world. He also serves as a consultant to
multinational enterprises, governments, international institutions and universities. Prof.
Shenkar is vice president of the Academy of International Business. He has published
numerous articles in major journals and is the author of many books, most recently
The Chinese Century.
24
Dr. Etay Shilony
PhD, Boston University
Dr. Shilony has held faculty appointments at Boston University, Harvard University
Medical School and Tel Aviv University. Dr. Shilony’s interest and experience in
management dates back to the early 1990s when he served as general director of
a chain of clinics in Boston. He established and directed the Miriam and Sheldon
Adelson Clinic at the Sorasky Medical Center in Tel Aviv. He is the founder and CEO of
S2R – Strategy to Results management consulting firm which brings together his vast
managerial experience combined with in depth academic and practical understanding
of leadership, management, organizational behavior, group behavior, and system’s
functioning. For the past seven years Dr. Shilony was been teaching Management
Psychology, Human Resource Management and Entrepreneurship Management at
IDC’s MBA Program.
Dr. Neil Wilkof
JD, University of Chicago; PhD, University of Illinois
Dr. Wilkof is a partner and head of the Intellectual Property and Information
Technology Department of the law firm of Herzog Fox & Neeman, Tel Aviv. Dr.Wilkof
has served as an adjunct lecturer at Bar-Ilan University, the University of Haifa and the
ITT Chicago-Kent School of Law and as a consultant to the Global Entrepreneurship
MBA Program (GMBA). Dr. Wilkof is the author of the first edition and is co-author
with Daniel Burkitt of the second edition of Trade Mark Licensing and is a co-editor of
Intellectual Property in the Global Marketplace. He is a member of the editorial board
of the European Trade Mark Reports, European Copyright and Design Reports and the
Oxford Journal of Intellectual Property Law & Practice.
Prof. Yoram (Jerry) Wind
PhD, Stanford University
Prof. Wind is the chairman of the Higher Academic Committee and International
Advisory Board of IDC Herzliya. He is a marketing professor at the Wharton School
of the University of Pennsylvania where he is also the director of the SEI Center for
Advanced Studies in Management. Prof. Wind is the founding director of the Joseph
H. Lauder Institute of Management and International Studies. He serves as a senior
marketing consultant to American, European and multinational companies.

Dr. Orly Yeheskel
PhD, Tel Aviv University
Dr. Yeheskel heads IDC Herzliya’s Executive Education Unit and is on the faculty of
the Arison School of Business. Her PhD dissertation dealt with researching the factors
that influence the success and failure of joint international ventures. She teaches and
conducts research on: relations between organizations and the business environment
(with an emphasis on high-tech start-ups), organizational structure and adapting
it to the demands and characteristics of the environment, organizational change,
organizational effectiveness, international management, and managing strategic
international alliances. Dr. Yeheskel has taught in the MBA Program at Tel Aviv
University and in various executive education programs at the University of Reading
in the U.K.
Dr. Lior Zemer
PhD, York University
Dr. Zemer is a lecturer at the Radzyner School of Law the IDC Herzliya, a visiting
associate professor at Boston University School of Law, a visiting professor at Bar-
Ilan University and a research fellow at the International and European Research
Centre at Ghent University, Belgium. He previously taught at the faculties of law in
Leicester and Birmingham, UK, and York University, Toronto. Prior to joining legal
academia he served as the assistant lawyer to Judge J.D. Cooke at the European
Court of First Instance and Judge S. von Bahr at the European Court of Justice in
Luxembourg. Dr. Zemer’s research interests include intellectual property law and
policy, jurisprudence, international and European law and he has recently published
the book The Idea of Authorship in Copyright.
25

APPLICATION AND
ADMISSION REGULATIONS
Applications to the Hebrew-language MBA Program can be submitted via the
internet at:
www.idc.ac.il/RishumOnLineMaster.
Applications to the Global MBA Programs, which are taught in English, can be
submitted via the internet at:
www.idc.ac.il/graduatePrograms_Registration.
Application Period
Application period for the academic year 2008/9, which begins November 2008,
is January 1, 2008 – April 30, 2008. Late application period is May 1, 2008 –
July 1, 2008.
In order to be considered applicants during a specific application period, interested
parties must submit all information, grades and official documents required to
evaluate their applications by the last date of the relevant application period.
IDC Herzliya reserves the right to impose stricter criteria upon applicants during
the late application period or upon applicants who submit material late. A smaller
number of applicants will be admitted during the later period. Preference will be
given to applicants who submit all required material during the earlier period.
Application Fee
Application fee: $80. U.S.
The application fee covers part of the expense of processing and evaluating an
application to study at IDC Herzliya. It will not be refunded in any case, even if an
applicant decides to withdraw his or her application.
26
Applicant Status
1. Applicants who do not submit all required information and documents with their
application forms, but intend to do so at a later point, should note this at the
appropriate place on the application form.
2. Applicants must submit all information and documents to the Admissions
Department by July 1, 2008, in all cases.
3. Applicants who begin the application process during the regular application
period and complete it during the late application period will be considered to
have applied during the late application period, with all that this entails.
Applicants who submit unofficial copies of documents will be evaluated based
on the documents they submit. If they are accepted, they must submit an official
copy of the document within seven days of receiving a letter of acceptance.
Applicants who do not do so risk having the offer of acceptance withdrawn
and/or having their application reevaluated during a later stage of the application
process.
4. The Admissions Department will notify applicants upon receiving their
applications. The notification will indicate whether the entire application was
received or only parts of it. In the latter case, it will list what the applicant must
submit to complete the application process.
5. Applicants who do not submit official copies of the missing documents during
the requisite period will be considered as having withdrawn their applications to
study at IDC Herzliya.
6. Applicants who complete their applications after the late application period ends
and who meet the admission criteria will be admitted if space remains in the
program.

Official Documents to Submit
1. Official transcripts of previous academic studies (undergraduate or graduate
degrees), including a final grade point average (GPA).
2. Official results of the GMAT exam.* Applicants can ask the testing agency to send
the results directly to IDC Herzliya.
3. Documents verifying applicants’ professional experience since completing their
undergraduate education.
4. Two letters of recommendation. It is recommended to submit one letter from a
source who can comment on the applicant’s academic abilities and one source
who can comment on the applicant’s professional experience.
Official documents should be submitted in one of the following manners:
A. Official document bearing the stamp of the institution which issued it.
B. Notarized photocopy of the official document.
C. A photocopy of the document may be submitted if the original is shown to the
Admissions Department.
If requested, IDC Herzliya will return documents which are submitted via
registered mail to applicants. Otherwise, documents will be returned via regular mail.
Applicants with Degrees from Abroad
The application procedures apply – with the necessary changes – to candidates with
degrees earned in countries other than Israel. Their degrees will be considered and a
decision on their candidacy will be made by a special admissions committee.
* Candidates with extensive professional experience and/or outstanding achievements in their previous
academic studies may submit a detailed request for an exemption from the GMAT to the admissions
committee. However, applicants to the business consulting major may not request an exemption from
the GMAT.
27

Application Process
1. The application process consists of two stages:
28
Stage A: Evaluation of the information the applicants submit; grades from
previous academic studies; GMAT results; and evidence of professional
experience.
Stage B: Applicants who successfully pass Stage A will be invited to an interview,
at the discretion of the admissions committee.
2. The MBA program is designed for individuals who can demonstrate that they
have three or more years of professional experience. Individuals with outstanding
executive experience will receive preference in admissions decisions.
3. The admission requirements for the Entrepreneurship Program (GEMBA) include
an undergraduate degree, GMAT results and a special evaluation process that
involves interviews during which the applicant must demonstrate business
entrepreneurship or leadership skills as well as strong interpersonal skills.
4. Applicants to the Global MBA Programs must demonstrate proficiency in
English by meeting one of the following criteria:
A. A score of 35 or above on the verbal section of the GMAT.
B. A score of 250 or above on the computerized TOEFL or of 550 on the
written TOEFL.
C. Completing at least one year of study at a high school or university at which
the main language of instruction is English.
5. IDC Herzliya has an equal opportunity admissions policy and does not
discriminate between candidates based on race, gender, religion or nationality.
6. The admissions committee will evaluate and reach decisions (accepted, waitlisted
or rejected) within 45 days of the deadlines for the regular and late application
periods.
7. In cases in which decisions are delayed, applicants will receive letters explaining
the reasons for this.
8. Applicants who are accepted must complete the application process by paying a
tuition deposit. Paying the deposit is a commitment to study at IDC Herzliya in the
coming academic year and to comply with the tuition regulations.
9. Applicants who are accepted but do not pay the deposit described above in clause
8 will be considered to have withdrawn their candidacy to study at IDC Herzliya
and their place in the class will be given to the next person on the waiting list.
MBA Program Tuition
1. The entire tuition for the Global Management (GMBA), which begins in
November 2008, is $25,000. U.S. (if paid in cash).
2. The entire tuition for the Global Entrepreneurship (GEMBA), which begins in
November 2008, is $27,000. U.S. (if paid in cash).
This amount must be paid in cash by October 25, 2008.
A deposit of $2,500. U.S. must be paid by the date stamped on the payment
voucher.
3. Prior to the academic year, all students will receive forms which will allow them to
arrange to pay their tuition in one of the following four manners:
A. Cash payment by November 1, 2008.
B. 12 payments via bank order.
C. 12 payments via payment vouchers.
D. Payment via credit card (cash or credit)
Students who select options B, C and D will incur interest and handling
charges.
4. The tuition of $25,000. U.S. listed above in clause 1 does not include the cost of
the study trip abroad.
5. The cost of most of the textbooks required for the program is included in the
tuition.
6. Tuition will not be reduced for students who receive an exemption from courses
in English or courses they took during their previous studies.
7. Students who cease their studies or do not begin them after being accepted and
paying the deposit will be charged according to the Regulations for the Cessation
of Studies.
8. Preparatory course tuition is $450. U.S. per course. Tuition must be paid by the
date stamped on the payment voucher.

Regulation for Cessation of Studies
A student who has enrolled at the IDC and has paid the down payment will be
considered an IDC student in every respect. In the event that personal circumstances
arise that prevent a student from fulfilling his/her commitment to study at the IDC,
the student may cancel his/her enrollment by formally notifying the administration
office and the tuition dept. The IDC will charge the student for the relative tuition
fee according to the date of the cancellation notification.
Please read the paragraph below (procedure for cancellation) in order to prevent any
misunderstandings in the future.
Procedure for Cancellation/Cessation of Studies
A student who has paid the tuition down payment for the academic year, and has
decided to cancel his/her enrollment, must notify the administration office in writing.
The student must submit the letter in person, send it by registered mail or fax it and
confirm its receipt by the department. In addition, the student must bring the receipts
of all tuition/rent payments and all of the documents he/she had received from the
IDC (including a student handbook and student card) to the administration office.
Only after all of the instructions above are completed and all tuition payments are
settled in accordance with the below mentioned schedule, will the student’s account
be closed.
In order to avoid any misunderstanding, a telephone conversation will not be
considered official notice of cessation of studies; only a formal notice in writing from
the student, submitted to the student administration office will be considered valid
in this matter.
Tuition regulations for students who cease their studies:
Date of notification of cancellation /
cessation of studies
1 Before or on August 21, 2008
2 August 22, 2008 – September 4, 2008
3 September 5, 2008 – September 25, 2008
4 September 26, 2008 – October 22, 2008
5 October 23, 2008 – November 6, 2008
6 November 7, 2008 – December 31, 2008
7 January 1, 2009 – February 25, 2009
8 February 26, 2009 – June 17, 2009
9 June 18, 2009 – December 31, 2009
10 After January 1, 2010
Tuition fee due
Full refund of down payment
25% of down payment
50% of down payment
75% of down payment
100% of down payment
12.5% of tuition
25% of tuition
50% of tuition
75% of tuition
100% of tuition
29

ALUMNI ASSOCIATION
IDC Herzliya’s first graduates and administration together founded the Alumni
Association in 1998. It has grown to have some 6,000 members. Alumni from various
schools and years volunteer to serve on the Alumni Association Board, planning its
activities with the director, Adv. Adi Olmert, who is an IDC Herzliya alumna herself.
The Alumni Association seeks to foster relationships between alumni, as well as
between alumni and IDC Herzliya, and to encourage graduates to help one another
advance common goals. The Alumni Association’s goals include establishing a
dynamic network of alumni in order to help alumni further their professional careers
in Israel and abroad. It strives to be a supportive organization that offers services and
activities relevant to alumni and to develop avenues for alumni of experience and
stature to serve as mentors and role models for current students.
IDC Herzliya graduates network with each other in Israel and around the world,
helping each other when possible, reminiscing about their experiences here, and
contributing their time and effort to help strengthen their alma mater.
www.idc.ac.il/alumni/eng
Alumni Association Activities And Services
• Organizing professional enrichment conferences and seminars on law,
management, computer science and governance.
• Sponsoring GMAT, mediation and other courses and continuing education
options for alumni at reduced prices.
• Helping alumni to continue to use IDC Herzliya services, such as the Career
30
Development Center and the Marc Rich Library, by arranging informative and
networking events specifically for alumni.
• Hosting social events, such as the Decade of Leadership Reunion, which brought
over 2,000 alumni back to campus to celebrate IDC Herzliya’s tenth anniversary.
• Establishing and coordinating business clubs which allow alumni to meet leading
figures in the Israeli economy.
• Fostering ties with alumni associations of other institutions in Israel and around
the world.
• Operating an internet site that is an effective tool for nurturing connections and
furthering cooperation between alumni.
• Organizing community service initiatives and raising funds for scholarships.

IDC HERZLIYA
ALUMNI
The professional and academic worlds
eagerly welcome IDC Herzliya alumni,
appreciating their interdisciplinary
outlook and the practical skills and
experience they obtained during
their studies. Alumni can be found at
leading graduate programs around the
world as well as in major law firms,
high-tech companies, investment
houses, international consulting
companies, the Knesset and
government agencies. Many alumni
have used the entrepreneurial training
they received to successfully launch
their own businesses in a variety of
sectors.
Selected Graduate Schools IDC
Alumni Attend:
• Carnegie Mellon University, U.S.
• Columbia University, U.S.
• Cornell University, U.S.
• Emory University, U.S.
• George Washington University, U.S.
• Georgetown University, U.S.
• Harvard University, U.S.
• Instituto de Empresa Business
School, Spain
• London School of Economics, U.K.
• MIT, U.S.
• Monash University, Australia
• Northwestern University, U.S.
• NYU, U.S.
• Paris Graduate School of
Management, France
• Port Elizabeth University,
South Africa
• Toronto University, Canada
• Tufts University, U.S.
• University of California,
Berkeley, U.S.
• University of London, U.K.
• University of Pennsylvania, U.S.
Selected Employers of IDC
Alumni:
Communications:
• Cellcom
• Channel Two Television
• Keter Books Ltd.
• Music 24 Television Channel
High-Tech:
• Amdocs
• Check Point
• Elbit
• eWave
• GE
• HP
• IBM
• ICA Telecom
• Legend Business Technologies
• Medcon Telemedicine
• Microsoft
• Netcom Systems
• Ness Technologies
• Oracle Israel
• SAP
• See-Run
Finance:
• Clal Industries and Investments Ltd.
• Cedar Fund
• Equity Group Investments
• Gerson Lehrman Group
• Goldman Sachs
• Lehman Brothers
• Matrix ABC
• McKinsey and Company
• Major Israeli banks
Law Firms:
• Yigal Arnon
• Herzog, Fox and Neeman
• S. Horowitz
• Dr. Jacob Weinroth
Government and Public Service
Sectors:
• Ministers
• Ministry of Defense
• Ministerial Advisors
• Members of Knesset
• Parliamentary Assistants
• Israel Supreme Court
• Israel Foreign Service
• Jewish Agency for Israel
Other:
• El Al
• Sakal
31

EVENTS
AND ACTIVITIES
Debating, Volunteering and Leading
IDC Herzliya’s Berman-Lippa Family Foundation Debating Club is the largest debating
club in Israel and one of the most popular activities at IDC Herzliya. The club has
represented IDC Herzliya in competitions in Israel and abroad, winning first prize at the
European University Debating Championship in the “English as a Second Language”
category. Another anchor of extracurricular activities is the IDC Entrepreneurship
Club, which facilitates the exchange of information and views among students with
entrepreneurial interests and ideas, faculty members and successful entrepreneurs.
Social responsibility is woven into student life as well. Reflecting IDC Herzliya’s
philosophy that campuses should be an integral part of their communities, many
student activities focus on serving the public. Some extracurricular activities allow
students to use their newly acquired knowledge to contribute to the community. For
example, business administration students mentor budding entrepreneurs at local
middle schools through the Young Entrepreneurs Israel Program.
Students can earn academic credit for participating in selected activities.
Setting the Agenda
IDC Herzliya is renowned for establishing the annual forum that has become a
cornerstone of public debate in Israel – the Herzliya Conference on the Balance of
Israel’s National Strength and Security. Israel’s prime ministers have chosen to use the
Herzliya Conference as a platform for delivering the “State of the Nation Address”
and presenting major policy decisions to the public. This year, Israel’s President
Shimon Peres, Prime Minister Ehud Olmert, Foreign Minister Tzipi Livni, Defense
Minister Ehud Barak, Binyamin Netanyahu, IDF Chief of Staff Gabi Ashkenazi, and
Ambassador Dan Gillerman were joined by guests from overseas, Ambassador John
R. Bolton and Swedish Foreign Minister Carl Bildt.
Guest speakers from Israel and abroad who are renowned for their experience and
knowledge in a variety of fields come to the campus throughout the year to lecture
to classes and participate in major conferences on topics ranging from reinventing
Israeli government to the Six Day War Revisited to the media’s impact during
the Second Lebanon War. They have included Nobel Prize Laureate Prof. Robert
Aumann; Bank of Israel Governor Stanley Fischer; author Amos Oz; and Jewish
Agency for Israel Chairman Zeev Bielski. Guest speakers from abroad have included
former French prime minister Laurent Fabius, former Spanish prime minister Jose
Mariaץ Aznar and Prof. Alan Dershowitz of Harvard University, who will be teaching
at IDC Herzliya in the upcoming academic year.
Student Union
The Student Union is an apolitical organization that strives to enhance student life in
Israel and assist both IDC Herzliya students and the community. Representatives from
each class are elected to the Student Union. It publishes a student-run magazine,
Moed Bet, in English and Hebrew. The magazine serves both as a news organ and
a forum for discussion of relevant issues. Useful information on academic and other
matters, such as renting an apartment, is available at the Student Union’s office.
In addition to organizing cultural and social events, such as the annual Student Day
festival, the Student Union sponsors peer-based assistance programs to help students
cope with academic or economic difficulties and address special needs.
The Student Union also encourages students to become involved in the community
by sponsoring a variety of volunteer activities, including tutoring Herzliya
schoolchildren and holiday visits to the children’s wards at hospitals.
As part of the IDC Herzliya community, the international students are encouraged to
take part in Student Union activities.
33

SERVICES AND FACILITIES
Career Development Center
The IDC Herzliya Career Development Center serves as a bridge between the
educational and the professional periods in the lives of IDC Herzliya students and
graduates. The Center strives to prepare students to enter the workplace and to assist
them in locating suitable employment opportunities. The Center provides a variety of
counseling, placement and informational services tailored to meet the specific needs
of the students and graduates. These services include personal career counseling
and assistance as well as lectures and workshops on job-seeking strategies, career
management and other relevant topics. In addition, the Center presents companies
and creates recruitment and networking opportunities. The Center also maintains a
frequently updated listing of job openings in Israel for students and graduates and a
resource center with information about organizations and companies.
www.idc.ac.il/career/eng
Hillel
The IDC Herzliya Hillel House serves as a hub for Jewish activities on campus and a
platform that enables a variety of student initiatives. It aims to enrich students’ lives
with meaningful Jewish experiences. The IDC Herzliya Hillel House strives to meet the
specific needs of international, veteran Israeli and new immigrant students through
activities that celebrate the broad spectrum of languages and cultures in Israel.
Activities include Friday night dinners, trips around Israel, weekend seminars and
celebrations of Jewish and Israeli holidays.
Psychological Services
The IDC Herzliya Psychological Counseling Service is designed to promote the health
and well-being of students. A resident psychologist provides professional individualized
counseling in both scholastic and personal matters. All counseling is kept strictly
confidential. The Psychological Counseling Service also sponsors workshops on topics
such as coping with anxiety in testing situations and overcoming learning disabilities.
34

THE CAMPUS:
AN ACADEMIC VILLAGE
IDC Herzliya’s campus is located close to an urban area with one of the highest
concentrations of high-tech firms in Israel, yet the campus itself has a pastoral
character. The campus is an academic village designed to create a stimulating learning
and research environment. It serves some 3,400 students and is designed to ultimately
serve as many as 5,500. Visitors find it hard to believe that it was built on the
foundations of a dilapidated military training base.
The elegant, modern buildings housing the Arison School of Business, the Lauder
School of Government, Diplomacy and Strategy and the Marc Rich Library all were
awarded the prestigious Zeev and Yacov Rechter Prize in Architecture in 2005. Like
the new buildings for the Efi Arazi School of Computer Science and the Sammy Ofer
School of Communications, they are equipped with state-of-the-art infrastructure
designed to enhance the learning experience through digital presentations, studio
learning and video conferencing. Podiums in lecture halls are equipped with
multimedia computer links to the campus network, the internet, cable TV and
videoconferencing facilities. A wireless internet network provides internet access
from selected spots on campus.
Lawns, gardens and flowerbeds connect the lecture halls, library, faculty offices
and computer labs to recreational areas, such as student and faculty lounges, the
cafeteria and the campus bookstore. Archaeological treasures and works by local and
international artists – on loan or donated by IDC Herzliya friends – adorn the walls of
meeting rooms and halls around the campus. Two interesting spots on campus are
the sculpture garden and the exhibition on “Business and Government in the Land of
Israel in Ancient Times.”
35

FEELING AT HOME
Beyond the Classroom
Studying in an academic institution in Israel is a fantastic way for students to become
acquainted with contemporary Israel and its priorities and trends, as well as with the
long, rich history of the Jewish People. The staff of the Raphael Recanati International
School feels a responsibility to take students beyond the boundaries of the IDC
Herzliya campus and expose them to all that Israel has to offer, from the Golan
Heights in the north to the Red Sea in the south. This is done through a variety of
extracurricular activities. They include fieldtrips, seminars and events in uniquely Israeli
locations, such as Masada and Jerusalem; hiking trips in the Galilee and the Negev;
and becoming better acquainted with Israeli society by volunteering in the Herzliya
community. The municipality of Herzliya invites the school’s students to the cultural
events and performances it organizes free of charge. The school also organizes events
on campus, such as a theater club and the Ambassadors Club, which teaches Israel
advocacy and diplomacy. In addition, a wide range of social events – from barbeques
to beach parties to formal receptions – bring together international and Israeli
students. These activities are intended for undergraduate students but are certainly
open to graduate students if their schedules permit.
Visa and Status Assistance
Students are responsible for clarifying and establishing their status in Israel and can
turn to the Raphael Recanati International School staff for advice and assistance.
Before commencing studies, all students must clarify their status and eligibility for
a visa or Israeli citizenship with the Israeli embassy or consulate in their county
of origin. International students who are children of Israeli parents must settle all
matters, such as deferment of military service, with the nearest Israeli embassy or
consulate. Contact information for embassies and consulates around the world can
be found at: www.rris.iad.ac.il/visas
The Ministry of Immigrant Absorption provides advice and assistance to students
considering immigrating to Israel. www.moia.gov.il
36
Health Insurance
All IDC Herzliya students are required to have comprehensive health insurance
coverage throughout their studies. Israeli citizens, including new immigrants, receive
health insurance for a low monthly fee in accordance with the country’s health
insurance legislation. An Israeli health fund provides a special insurance plan for
international students at IDC Herzliya. The plan provides comprehensive health
coverage and high-level primary and secondary medical care for $500. This includes
hospitalization, a 24-hour English-language hotline, house calls and subsidized
medication. Students can sign up for health insurance through the Raphael Recanati
International School after enrolling at the school by using the form in the school’s
confirmation booklet or by requesting a health insurance form from the school’s office.
Prices are subject to change due to fluctuations in market prices and currency exchange rates.

SCHOLARSHIPS
Various scholarship opportunities are available to students at the Raphael Recanati
International School. The scholarships are awarded based on academic excellence.
Masa Scholarships
The Jewish Agency for Israel and the Israeli Prime Minister’s Office cosponsor the
Masa project to encourage young Jews who are not Israeli citizens to study in Israel.
Students up to the age of 30 can receive a grant from Masa to go towards tuition at
the Raphael Recanati International School. Students will receive an initial grant based
on their country of origin and can apply for additional funding of up to $10,000.
which is awarded based on financial need.
Application forms for Masa must be submitted to the Raphael Recanati International
School, which will stamp the application and forward it to Masa. Masa will not accept
applications without an RRIS stamp. Please note, Masa is an independent initiative and
therefore its criteria for evaluating scholarship requests may differ from those used to
evaluate requests for the Raphael Recanati International School Scholarships.
www.masaisrael.org
FFEL Loan for U.S. Students
The Raphael Recanati International School at IDC, Herzliya has been approved by
the U.S. Department of Education as a Foreign School to participate in the FFEL Loan
Program. Students will need to submit a FAFSA and can do so electronically at the
following website: www.fafsa.ed.gov
This website allows the student to submit a FAFSA, make any needed corrections
and print the student version of the FAFSA request. Our FAFSA school code is
G40703. For more information please contact our Student Affairs Coordinator,
Miss Gali Hefez at: ghefez@idc.ac.il
38

ADDRESS
MBA Program in Government
Admissions Department
(for Israeli students)
Interdisciplinary Center Herzliya
Kanfei Nesharim St.
P.O.Box 167
Herzliya 46150, Israel
Tel: +972-9-952-7381
Fax: +972-9-956-7392
E-mail: master@idc.ac.il
Admissions Department
(for International students)
Interdisciplinary Center Herzliya
Kanfei Nesharim St.
P.O.Box 167
Herzliya 46150, Israel
Tel.: +972-9-9527658
Fax.: +972-9-9527334
E-mail: rrismaster@idc.ac.il
Please note:
If we cannot answer your call
immediately, please leave us a
message and we will respond to it as
soon as possible. Special requests may
be submitted by fax.
www.idc.ac.il/graduate programs_registration
39

CALENDAR 2008-2009
Date
September – October
October 26, 2008
November 2, 2008
November 9, 2008
December 22, 2008
January 30, 2009
February – March 2009
March 8, 2009
March 10, 2009
April 5 – 19, 2009
April 28, 2009
April 29, 2009
May 28 – 29, 2009
To be determined
June 19, 2009
June – July 2009
40
Event
Preparatory Courses
Orientation Week begins
Fall Semester begins
Memorial Day for Yitzhak Rabin
Hanukah Vacation
Fall Semester ends
Fall Semester Exams
Spring Semester begins
Purim Vacation
Passover Vacation
Israel Memorial Day
Israel Independence Day
Shavuot Vacation
Student Day
Spring Semester ends
Spring Semester Exams

Please submit applications to:
Israel:
Raphael Recanati International School
The Interdisciplinary Center
(IDC) Herzliya
P. O. Box 167,
(1 Kanfei Nesharim Street)
Herzliya 46150, Israel
Tel.: +972-9-952-7248
Tel.: +972-9-960-2801
Fax.: + 972-9-952-7334
www.idc.ac.il/gov/eng/ma
United States:
Raphael Recanati International School
c/o American Friends of IDC
104 Fifth Avenue, 14th Floor
New York, NY 10011
U.S.
Tel.: +1-866-999-RRIS
+1-212-213-5961
+1-212-213-6371
Fax.: +1-212-213-6436
Design: Adi Stern Studio, 2.08, Photography: Gadi Dagon, Amit Geron