GLOBAL MBAPROGRAM (GMBA)

ARISON SCHOOL OF BUSINESS

RAPHAEL RECANATI INTERNATIONAL SCHOOL

ACADEMIC YEAR

2017-2018

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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 ReichmanPresident and Founder

of IDC Herzliya

GLOBAL MBA PROGRAMThe Global MBA Program provides a solid foundation in general management and is taught from a global perspective. It is designed for executives and future business leaders. IDC leverages Israel’s status as a center of progress in high-tech, innovation and entrepreneurship and benefits from its resources and reputation as a leader in interdisciplinary education with strong ties to industry. The two Tracks in the Program are Strategy & Business Development, and Innovation & Entrepreneurship. This makes it possible for students to focus on a specific field of study while also participating in the core courses in general management. The duration of the Program is eighteen months divided into nine mini-semesters.

The faculty of the Global MBA Program 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 sector’s strength in innovation, hi-tech and entrepreneurship.

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I made aliyah in 2008 from Spain full of hopes and ambitions. Joining the Global MBA Program was the best choice I made. This creative and supportive Program together with the inspirational mentorship have changed the course of my life. I developed a start-up idea under their guidance, which eventually became StoreX.me, my own start-up company.”

Rebeqa Querub, Spain

STRATEGY &BUSINESS DEVELOPMENTTRACK Mr. Yuval Dovev

Head,Strategy & Business Development Track

Sharon Klajman Marketing Director

Empowering future business leaders to develop the strategies & tactics for success in tomorrow’s global marketplace.”

The Strategy & Business Development Track prepares exceptional students for business development, strategic planning and general management roles. In addition to the core curriculum, students in the Track are taught unique analytical and planning methodologies developed by international management consulting firms, as well as the cutting edge tools required to become successful business developers. The Track’s highlight is that students get to apply and experience the tools and techniques acquired throughout their MBA, in an actual, real-life business development project for some of Israel’s most intriguing companies.

The Consulting Practicum may include sponsored international travel and provides genuine global collaboration and practical experience. Many of the projects are run jointly with our international partner schools, where students will have access to an extensive international network and work closely with the finest graduates of the world’s leading business schools.

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PART-TIME/ModularSunday 4:00 - 10:00 PMFriday 8:00 AM - 2:00 PM

Successful candidates for the Strategy & Business Development Track should posses a unique blend of creativity and analytical ability. We are looking for over-achievers with great interpersonal skills and professional attitude. Given the increased workload during the project phase, candidates should be able to commit to a flexible work schedule.

STRATEGY & BUSINESS DEVELOPMENT TRACK COURSES

Business Analytics Mr. Yuval Dovev

Business Analytics Mr. Yuval Dovev

Final Projects Mr. Yuval Dovev

Negotiations Mr. Moty Cristal

Exploratory Big Data Analysis Mr. Roy Sasson

Innovation in Business Models TBA

Electives

Global Business Game Prof. Niron Hashai

Financial Statement Analysis Prof. Dan Segal

Sytematic Creativity Prof. Jacob Goldenberg

Organizational Innovation TBA

Strategy and BD Study Tour Yuval Dovev

Students can select three elective courses from the Track electives, or two courses from the Track elective and an additional elective from any masters program at IDC.

INNOVATION &ENTREPRENEURSHIP TRACK

Dr. Oren Zuckerman

Academic Director, Innovation & Entrepreneurship Track

Founder and Co-Director,Media Innovation Lab, IDC Herzliya

Michal Olmert NaishteinExecutive Director

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The Innovation & Entrepreneurship Track is a partnership between the Sammy Ofer School of Communications’ Media Innovation Lab (miLAB) and the Adelson School of Entrepreneurship. This unique Track places the focus on hands-on learning, and is designed to train its graduates to lead innovation initiatives in organizations and to establish new business ventures. The progra m incorporates meetings with entrepreneurs, inventors, investors - all leaders in their areas - 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.

This Track attracts entrepreneurial students who wish to create and promote new ideas, whether under the auspices of an existing company or independently. Studies in the Track will provide the opportunity to develop knowledge, tools and substantial relationships that will serve you down the entrepreneurial road.

Students of the Track study core MBA courses, as well as basic/required courses in innovation and entrepreneurship. In addition to the courses studied in class, students are offered many opportunities for Learning by Doing* in two major paths:

1. LAB

In the Lab courses students experiment with the development of ideas and prototypes for innovative technological initiatives which they invent. The students 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 students contend with various technological and business challenges, and also with challenges of human-computer interaction. The Lab course offers students new opportunities and provides the space to develop, prototype and test ideas. The courses are accompanied by leading mentors from the Israeli startup community - entrepreneurs, investors and experts in a variety of fields.

2. PRACTICUM EXPERIENCE

From the early days of their studies in the Track, students are exposed to various practicum opportunities that enable them to experience the startup world from within. Students are offered the opportunity to devote 6-8 weekly hours, for a period of 4 months, to carrying out professional projects for early stage startups, accelerators, VC’s and incubators that play a major role in Israel’s vibrant startup eco-system. This practicum provides them with professional and practical experience and at the same time, exposes them to the people who lead the Israeli tech scene. In 2016 our students were assigned, amongst others, to practicums in Microsoft Ventures, Sigma Labs, 8200 EISP and Glilot Capital. In the coming year we intend to expand and enhance our collaborations and the range of options for practical experience in accelerators, VC’s and Incubators.

* 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 studies in the Track.

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INNOVATION & ENTREPRENEURSHIP TRACK COURSES

Real World Experiences Dr. Oren Zuckerman & Mrs. Michal Olmert Naishtein

Interaction Paradigm Dr. Oren Zuckerman

Business Communications Mr. Michael Weitz & Mrs. Abigail Tenembaum

Legal and Financing Aspects of Entrepreneurship Dr. Ayal Shenhav

Design Thinking Mr. Alex Padwa

Startup Marketing Prof. Barak Libai & Dr. Gideon Greenspan

Systematic Creativity Prof. Jacob Goldenberg

Final Project 1,2,3 Dr. Oren Zuckerman & Michal Olmert Naishtein

Practicum Mrs. Michal Olmert Naishtein

I&E Study Tours Dr. Oren Zuckerman & Michal Olmert Naishtein

Electives

Global Business Game Prof. Niron Hashai

Negotiations Mr. Moty Cristal

China Study Tour Dr. Daniel Haber

PART-TIMESunday 4:00 - 10:00 PMFriday 8:00 AM - 2:00 PMMini-semesters: 1-6, Wednesdays, once per month, 6:00-9:00 PM

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.

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CORE COURSES

IDC Herzliya reserves the right to cancel, alter or expand the academic programs offered.

Retreat Dr. Sivanie Shiran

Financial Accounting 1,2 Prof. Dan Segal

Quantitative Methods Dr. Ran Elkon

Global Economic Environment Dr. Nadine Baudot-Trajtenberg

Organizational Behavior Dr. Dafna Eylon

Marketing Management Prof. Ron Shachar

Customer Centric Marketing Prof. Barak Libai

Financial Management 1 Dr.Tal Mufkadi

Financial Management 2 Prof. Yaniv Greenshtein

Business Strategy Dr. Sharon Belenzon

Management in Changing Environment 1 Dr. Amir Guttman

Management in Changing Environment 2 Dr. Yossi Bolless

Strategic and Critical Thinking 1 Dr. Varda Liberman

Strategic and Critical Thinking 2 Prof. Yair Tauman

Business Ethics Dr. Mark Schwartz

A Strategic Need for Global Management: The Case of China

Prof. Daniel Haber

Financial Statement Analysis and Valuation Prof. Segal Dan

Innovation Equity Prof. Eitan Muller

ELECTIVES

Global Business Game Prof. Niron Hashai

The Strategy of Making Strategy Dr. Yossi Rein

Negotiations Mr. Moty Cristal

China Study Tour Dr. Daniel Haber

As an Olympic athlete I always push for being the best in what I do. IDC is on the same “mindset” and the only place that can bring me the tools for being the best.”

Maayan Davidovich, Israel

OVERSEAS MODULE

• Number of participants in each trip is limited

• Priority in participation 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

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. 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 Study Trip takes students out of the academic study of global business within the classroom, and places them in the cultural and industrial heart of China. Our aim is to ensure students’ involvement in China’s emergence as a growing business leader. The trip includes both business visits in Shanghai and Beijing as well as cultural visits to major tourist sites.

STUDY TRIP FOR THE I&E TRACK - USA

In recent years NYC has developed into what is now called ‘Silicon Alley’. Hundreds of technology startups, mostly focused on the Internet and new media, are based in the city. NYC is one of the world’s most important business centers and home to some of the most prominent companies in all sectors. The Study Trip to NYC includes meeting startup companies, entrepreneurs with an “Israeli connection”, as well as interesting leaders in other sectors.The trip to Silicon Valley in California, home to many of the world’s largest technology corporations, thousands of tech startup companies and research institutes, will include visits to the places that changed the world we live in. The Study Trip offers students an opportunity to get a firsthand impression of current trends, new technologies and innovative business models.

STUDY TRIP FOR THE I&E TRACK – BERLIN

When the Berlin Wall fell in 1989 the city attracted artists, musicians, actors and performers from all over the world. While housing prices in other European cities skyrocketed over the years, Berlin has remained 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 large companies that are focused on embracing innovation.

STUDY TRIP FOR THE STRATEGY & BUSINESS DEVELOPMENT TRACK

As a long standing investment hub, London is the center for investors who deploy innovative and bold strategic moves to increase the value of the their investments. During the Study Trip students meet investors and strategy managers who have turned around companies by analyzing strategies and deploying global business development activities.

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SELECTED FACULTY OFTHE GLOBAL MBA

Dr. Nadine Baudot-Trajtenberg

PhD, Harvard UniversityDeputy Governor, Bank of IsraelDr. Baudot-Trajtenberg has 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. Her interests are: economics of globalization; corporate communication; and the political economy of Israel. Dr. Baudot-Trajtenberg serves on the board of public corporations and public organizations.

Prof. Barak Libai

PhD, North Carolina University at Chapel HillProf. Libai served on the faculty of the Recanati Graduate School of Business, Tel Aviv University; Faculty of Industrial Engineering and Management, Technion - Israel Institute of Technology; and Visiting Professor, 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.

Prof. Varda Liberman

PhD, Tel Aviv UniversityProf. Liberman is one of the founders of IDC Herzliya. She was Vice Dean of the Arison School School of Business and now serves as Head of the Judgement and Decision-Making Area. She is also Director of Mathmatical and Statistical Studies at IDC. Prof. Liberman was an Associate Researcher at The Hebrew University of Jerusalem and is now a Visiting Researcher at Stanford University. Her research interest deals with probabilistic judgments and decision-making. Prof. Liberman co-authored the book Critical Thinking with the late Amos Tversky.

Prof. Eitan Muller

PhD, Northwestern UniversityProf. 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

PhD, York University; MBA; JDDr. Schwartz is Associate Professor of Law, Governance and Ethics, York University, Toronto, Canada. He has taught at The Wharton School, 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. He has consulted with a number of business firms and governments around the world on topics related to business ethics.

Prof. Ron Shachar

PhD, Tel Aviv University; Harvard UniversityFormer Dean, Arison School of Business; former Head, Marketing, Tel Aviv Universiy; appointment at the Yale School of Management; and Visiting Professor at Duke University. Prof. Shachar’s research focuses on major advertising and branding issues as well as exploring strategic and marketing related aspects in the entertainment industries and in political campaigns.

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Dr. Shiran Sivanie

PhD, University of HaifaDr. Shiran joined IDC after working at the 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. Yair Tauman

PhD, The Hebrew University of JerusalemDean, Adelson School of Entrepreneurship; Former Dean, Arison School of Business; Academic Director, Zell Entrepreneurship Program, IDC. He obtained his PhD and MSc in mathematics, both under the supervision of Nobel Laureate Robert Aumann. Prof. Tauman’s areas of research are game theory and industrial organization. He has been Leading Professor of Economics and Director, Center for Game Theory in Economics at State University of New York, Stony Brook. Prof. Tauman has taught at Tel Aviv University and the Kellogg School of Management.

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I searched for an MBA program that would put me on the “highway” of global business. The Global Consulting Practicum at IDC offered the unique combination of hands-on experience, superb networking with elite business schools from the US, and the opportunity to deal with a real problem in the global market. Beyond its distinctive multinational atmosphere, the Global MBA Program provided us excellent opportunities for gaining practical tools and skills.”

Yonatan Bleich, Israel

Dr. Sivanie ShiranHead, Leadership Area

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THE ARISON LEADERSHIP DEVELOPMENT PROGRAMThe Arison Leadership Development Program is offered to students enrolled in the MBA and Global MBA Programs at the Arison School of Business. Based on similar models offered at the Harvard Business School, INSEAD and IMD, the Arison Leadership Development Program (ALDP) invites students to engage in a rich integrative curriculum that enables a personalized learning process.

The ALDP begins with Arison’s flagship leadership retreat. A core requirement for all incoming MBA and Global MBA students, this intensive three-day workshop enables students to learn about the 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 individual leadership styles, their key strengths and development needs, and the underlying motivators that drive them.

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 developing their skills, these workshops help students put their full potential to work and offer an exceptional opportunity to network with students from other programs.

Those students enrolled in the ALDP also have the privilege of engaging in 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 outstanding leaders from the field of global business.

GIVE YOUR CAREER PATH AHEAD START

Professional acceleration

Personal empowerment

Global perspectives

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 offers a variety of networking, career counseling, placement and informational services to IDC Herzliya students and alumni enabling them to meet their career goals.

CAREER CENTER

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 email 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

CAREER CENTER SERVICES

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APPLICATION &ADMISSION REGULATIONSAPPLICATION PERIOD

The application period for the academic year starting autumn 2017 is:January 1, 2017 - August 31, 2017.

The application period for students required to take MBA preparatory courses ends on July 27, 2017.Due to the competitive nature of the admissions process, we recommend that applicants 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.

APPLICATION FEE

(non-refundable)

The application fee is 300 NIS and covers part of the expense of processing and evaluating an application to study at IDC Herzliya.

ADMISSION CRITERIA

Completed undergraduate degree from a recognized academic institution

Undergraduate GPA of 80 and above

GMAT score (exemption may be granted for qualifying candidates)

Demonstrated professional experience of three years after the undergraduate degree

Interview either on Skype or in person

Prerequisite courses are required in Statistics, Calculus and Economics. Students missing these courses will be required to take preparatory courses over the summer.

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HOW TO APPLYONLINE APPLICATION

Complete the online application form, including essays, recommendation letters, transcripts and documents at www.idc.ac.il/GraduatePrograms_Registration

Upload scanned official transcripts of previous academic studies (undergraduate and graduate) to this link. 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

Official results of the GMAT exam (where applicable). Applicants should ask the testing agency to send the results directly to the Graduate Admissions Office, IDC Herzliya

Candidates who do not have a quantitative degree must supply an official quantitative GMAT score

A copy of the candidate’s Israeli identity card or international passport

A short biography (Bio Form)

Essay/Questionnaire

* An official, notarized English translation must be submitted for all transcripts not originally issued in English.

APPLICATION PROCESS

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 Israel may be interviewed by phone, video conference or by a visiting professor)

The Admissions Committee will evaluate and reach decisions regarding your candidacy and you will be informed of your application 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. Once the down payment has been received, the applicant’s place is secured and confirmed.

MBA PROGRAM TUITION*

The tuition fee for the entire Global MBA Program is104,500 NIS.Payment in installments will incur additional charges.

* IDC reserves the right to change all tuition and fees rates without prior notice.

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STUDENTS INTHE GLOBAL MBA Average Age

Average years of employment after completion of first degree 5

31ACADEMIC BACKGROUND

10% | Engineering9% | Law and Business Administration

6% | Psychology

3% | Medical Science and Nursing

6% | Economics/Accounting

10% | Other

3% | Government, Diplomacy and Strategy

14% | Computer Science/MIS

36% | Business Administration and Management

3% | Industrial Engineering and Management

PRIOR ACADEMIC INSTITUTION

3% | The Hebrew University of Jerusalem

17% | Ben Gurion University of the Negev

26% | Overseas Universities

3% | Bar-Ilan University

21% | IDC

3% | The Open University4% | The Academic College of Tel Aviv-Yafo

12% | Tel Aviv University

12% | Other

6% | The College of Management

12% | Banking, Finance and Accountancy13% | IDF / Government institutions

4% | Other

6% | Economics/Accounting

9% | Pharma/Biotech Industry

3% | Law Firms

46% | Hi-Tech/Internet/E-Commerce Companies

4% | Building Construction & Real Estate3% | Manufacturing Industry

PRIOR JOB SECTORS

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ACADEMIC CALENDAR תשע”ח 2018 – 2017

RETREAT October 31, 2017 - November 3, 2017

August 20, 2017 - September 22, 2017not including the exam period

Preparatory Courses

November 10, 2017Opening Event

November 12, 2017 - December 22, 2017 Mini Semester 1

January 7, 2018 - February 16, 2018 Mini Semester 2

March 4, 2018 - April 27, 2018 Mini Semester 3

March 1, 2018March 30, 2018 - April 6, 2018April 17, 2018 - April 19, 2018

Purim PassoverMemorial Day and Independence Day

May 27, 2018 - July 6, 2018Mini Semester 4

May 20, 2018Shavuot

July 29, 2018 - September 7, 2018Mini Semester 5

September 9, 2018 - September 11, 2018September 18, 2018 - September 19, 2018September 23, 2018 - September 30, 2018

Rosh Hashanah Yom KippurSuccoth

May 5, 2018 - May 15, 2018Study Trip to China

July 22, 2018 - July 27, 2018I&E Study Trip to Berlin

October 2, 2018 - October 10, 2018I&E Study Trip to USA

November 11, 2018 - December 21, 2018Mini Semester 6

January 6, 2019 - February 15, 2019Mini Semester 7

March 3, 2019 - April 19, 2019Mini Semester 8

March 20, 2019 - March 22, 2019April 21, 2019 - April 26, 2019May 8, 2019 - May 10, 2019

PurimPassoverMemorial Day and Independence Day

May 19, 2019 - June 28, 2019June 9, 2019

Mini Semester 9Shavuot

* Dates are tentative and may be changed.

ADMISSIONS DEPARTMENT(For Israeli Students)

INTERDISCIPLINARY CENTER HERZLIYAPO Box 167, Herzliya, Israel 46150Tel +972-9-952 7300Fax +972-9-960 2770master@idc.ac.il

ADMISSIONS DEPARTMENT(For International Students)

INTERDISCIPLINARY CENTER HERZLIYAPO Box 167, Herzliya, Israel 46150Tel +972-9-960 2801Fax +972-9-952 7334rris.master@idc.ac.il

NORTH AMERICA Raphael Recanati International School c/o American Friends of IDC 116 East 16th Street, 11th Floor New York, NY, US 10003 Tel +1 866 999 RRIS, +1 212 213 5961, +1 212 213 6371 Fax +1 212 213 6436 rris.us@idc.ac.il www.rris.idc.ac.il

UK & FRANCOPHONE EUROPERaphael Recanati International SchoolTel +44 (0) 778 384 6852bannette@idc.ac.il

Design Guy Tamir - www.2plustudio.com

Editor Marilyn Koolik

Production Mimi Laufer, Jasmin Saydof, Maya Gershon

Photography Kfir Bolotin, Gadi Dagon, Alon Gilboa, Sarit Goffen, Peter Halmagyi, Oren Shalev, Yehudit Svirsky, Ron Yitzhak