global mba program (gmba) - idc.ac.il · of nurturing future leaders. in just over ... mba courses,...

GLOBAL MBAPROGRAM (GMBA)

ARISON SCHOOL OF BUSINESS

RAPHAEL RECANATI INTERNATIONAL SCHOOL

ACADEMIC YEAR2018-2019

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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 hi-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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Innovation and Entrepreneurship GMBA students feeling at home at Airbnb during the Track's study trip to Silicon Valley.

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This program has helped me shed light on my career plans and it has guided me to better know myself. I was very lucky to be part of an inspiring practicum at Microsoft Ventures. I feel like I’ve gone through a major change in my life, and I’m confident that what I’ve learnt will lead me to both personal and professional success.”

Salomé Hemmo, FranceClass of 2017, Innovation & Entrepreneurship

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 IDC’s Media Innovation Lab (miLAB) and the Arison School of Business. This unique track is designed for exceptional students with professional experience, who wish to take part in the Israeli startup ecosystem, to learn about innovation methodologies, to create and promote new ideas -whether within an existing company or as a new start-up or business venture. The track focuses on experiential hands-on learning, including talks and mentorship by industry leaders (entrepreneurs, VCs, angel investors, product managers, inventors, and more), as well as visits to startups that play a major role in the Israeli and global ecosystems. The program is interdisciplinary and is suitable for students from different fields such as computer science, engineering, business, law, economics, design practices, and social sciences. Studies in the track provide students the opportunity to acquire skills, knowledge, and a substantial network that will serve them in their professional future. Students in the track study core MBA courses, as well as a cluster of courses in innovation and entrepreneurship, including Israeli Entrepreneurship Ecosystem, Data Driven Product Management, Design Thinking, Organization Innovation, Systematic Creativity, Interaction Paradigms, Business Communications, and more. 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 develop a concept for a new product or service and work as a team to discover how to turn this concept to a commercially viable business venture.The Lab experience is based on leading entrepreneurial methodologies combined with hands-on experiential learning, which provides students the opportunity to simulate real world innovation processes. The Lab courses are accompanied by leading mentors from the Israeli startup community - entrepreneurs, investors and experts in online marketing, user experience, product management, product validation strategies, and more.

2. PRACTICUM EXPERIENCE

Students are offered a unique opportunity to experience the startup world from within, by joining an early stage startups,accelerators, VC’s or incubators. Students who participate in the practicum program devote 6-8 weekly hours for the period of 4 months, carrying out professional projects. In the past our students were assigned, amongst others, to practicums in Microsoft Ventures, Sigma Labs, 8200 EISP and Glilot Capital. We are constantly working on expanding and enhancing our collaborations and range for practical experience opportunities for our students.

* 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

Israeli Entrepreneurship Ecosystem Dr. Oren Zuckerman & Michal Olmert Naishtein

Interaction Paradigms Dr. Oren Zuckerman

Business Communications Michael Weitz & Abigail Tenembaum

Data Driven Product Management Dr. Oren Zuckerman

Legal and Financing Aspects of Entrepreneurship Dr. Ayal Shenhav

Design Thinking Alex Padwa

Systematic Creativity Prof. Jacob Goldenberg

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

Practicum Michal Olmert Naishtein

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

Some courses include guest lectures by industry experts and leaders, such as entrepreneurs and angel investors. Some courses also include site visits to start-ups, VCs and accelerators, as well as talks with product managers in leading companies such as Waze, Facebook, Autodesk, and Taboola.

Electives

Digital Marketing Mr. Sela Yanai

Organizational Innovation Ms. Idit Biton

Global Business Game Prof. Niron Hashai

China Study Tour Dr. Daniel Haber

PART-TIMESunday 16:00 - 22:00Friday 8:00 - 14:00Mini-semesters: 1-6, Wednesdays, once per month, 18:00 - 21:00

The Innovation & Entrepreneurship Track is designed for exceptional candidates from diverse backgrounds who are creative, adventurous and interested in creating new products and services for the business market.

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 16:00 - 22:00Friday 8:00 - 14:00

Successful candidates for the Strategy & Business Development Track should possess a unique blend of creativity and analytical abilities. We are looking for over-achievers with great interpersonal skills and professional attitudes. 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

Final Projects Mr. Yuval Dovev

Negotiations Mr. Moty Cristal

Exploratory Big Data Analysis Mr. Roy Sasson

Business Model Canvas Mr. Yuval Dovev and Meital Magid

Electives


Financial Statement Analysis Prof. Dan Segal

Systematic Creativity Dr. Ron Lazar

Organizational Innovation Mrs. Idit Biton

Study Tour Mr. 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. Students can join elective courses if they have taken the necessary prerequisites and there is room in the class.

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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 TBA

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 Dr. Ron Lazar

Innovation Equity Prof. Eitan Muller

ELECTIVES


Negotiations Mr. Moty Cristal

China Study Tour Dr. Daniel Haber

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.

• The number of participants in each trip is limited.

• Priority in participation will be given to the advanced class.

• IDC Herzliya will partially subsidize one trip per student.

• IDC Herzliya reserves the right to change the trip’s destination with the students’ interest in mind.

• A minimum number of participants is required for each trip. If a sufficient number of students do not register, the trip will be canceled.

OVERSEASMODULEThe 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.

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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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By participating in the I&E trackI have learned that the guidance, mentorship and co-working with my colleagues enabled me to reach higher and farther then I have ever expected. I have learned new methods, received the right tools, and created the connections that helped me establish my startup and lead it to raise funding, create a successful and functioning system in the US and experience the startup world from the inside. Even two years after graduating I still keep thinking of new products, applications and new ways to disrupt the world.”

Or Adar, IsraelClass of 2015, Innovation & Entrepreneurship

Dr. Sivanie ShiranHead, Leadership Area

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THE ARISON LEADERSHIP DEVELOPMENT PROGRAMThe Arison Leadership Development Program is an integral part of the MBA and Global MBA studies at the Arison School of Business. Modelled after similar programs offered at INSEAD and IMD, the Arison Leadership Development Program (ALDP) provides students with an opportunity to embark on a learning journey that is deeply personal.

The ALDP opens 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 covert dynamics of leadership and authority as they play out across all levels of organizational matrices.

Facilitated by leading clinical and organizational psychologists, the retreat increases students’ awareness of their own leadership styles, and of the irrational forces that often drive organizational decision making in the field.

With the commencement of their studies students are invited to participate in a rich array of leadership development programming. The open, modular format of these activities enables students to customize their learning experience so that it best addresses their individual needs and interests.

ALDP events include keynote lectures and small group workshops that address critical issues related to the psychology of management. Students are also invited to attend Leadership Behind the Scenes, a prestigious interview series that offers an in-depth look at the internal narratives of publicly acclaimed global business leaders.

Students enrolled in the ALDP have the privilege of engaging in the Personal and Professional Development Program (PDP) which offers individualized one-on-one coaching. During their second year of studies, exceptional students also have the opportunity to be mentored by seasoned industry leaders as part of the Arison Executive Mentoring Program.

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 SERVICES

Individualized career counseling and career guidance in the field of employment; career paths; CV workshops; interview tips

A variety of open positions for MBA students/alumni 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

HOUSINGIDC Herzliya students have the option of enjoying a high standard of living in 500 new, fully equipped residential units located in two thirteen-story towers on IDC Herzliya’s campus.

The apartments are fully furnished to accommodate all residents’ needs. Each unit has air conditioning and a private bathroom with a shower. The kitchen and bedroom are fully equipped. In addition, laundry rooms with washing machines and dryers are at the residents’ disposal.

A skilled and experienced professional staff maintain the dormitories and will be available to the students on a daily basis. Security services operate 24/7. The housing fee includes: building fees; maintenance; gardening; cleaning of public areas and security. It does not include electricity, water, Internet or TV.

The dormitory towers were planned and designed to meet green building standards along with all of the students’ needs. Every floor has study areas to enable students to focus on their studies and to maintain a varied social life.

Registering to live in IDC Herzliya’s new dormitories can be done online when registering for studies www.idc.ac.il/gmba/registration or via the student’s personal file. Registration for the following year begins on November 1, 2017 for international students and May 1, 2018 for Israeli students.

Please email any questions regarding the dorms [email protected].

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APPLICATION &ADMISSION REGULATIONSAPPLICATION PERIOD

The application period for the academic year starting autumn 2018 is open and ends August 31, 2018.

The application period for students required to take MBA preparatory courses ends on July 27, 2018.

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

Quantitative undergraduate degree from a recognized academic institution

Undergraduate GPA of 80 or 3.0 and above

GMAT score (if the candidate does not have a sufficient quantitative background)

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 the online application form.*

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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ACADEMIC CALENDAR תשע”ט 2019 – 2018

November 5, 2018 - November 8, 2018Retreat

August, 2018 - October, 2018not including the exam period

Preparatory Courses

November 9, 2018Opening Event

November 11, 2018 - December 21, 2018 Mini-Semester 1

January 9, 2019 - February 15, 2019 Mini-Semester 2

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

March 20, 2019 - March 22, 2019April 21, 2019 - April 26, 2019May 7, 2019 - May 10, 2019

Purim PassoverMemorial Day and Independence Day

May 19, 2019 - June 28, 2019Mini-Semester 4

June 9, 2019Shavuot

July 14, 2019 - August 23, 2019Mini-Semester 5

September 14, 2019 - September 24, 2019Study Tour to China

September 29, 2019 - October 1, 2019October 8, 2019 - October 9, 2019October 13, 2019 - October 21, 2019

Rosh Hashanah Yom KippurSuccoth

October 22, 2019 - October 30, 2019I&E US Study Tour

November 10, 2019 - December 20, 2019Mini-Semester 6

January 5, 2020 - February 14, 2020Mini-Semester 7

March 1, 2020 - April 17, 2020Mini-Semester 8

March 9, 2020 - March 11, 2020April 8, 2020 - April 15, 2020April 27, 2020 - April 29, 2020

PurimPassoverMemorial Day and Independence Day

May 10, 2020 - June 26, 2020May 28, 2020 - May 29, 2020

Mini-Semester 9Shavuot

* Dates are tentative and may be changed.

ADMISSIONS DEPARTMENT(Israeli Students)

INTERDISCIPLINARY CENTER HERZLIYAPO Box 167, Herzliya, Israel 46150Tel +972 9 952 7300Fax +972 9 960 [email protected]

Israeli students can register online atwww.idc.ac.il/GraduatePrograms_Regist_IL

ADMISSIONS DEPARTMENT(International Students)

INTERDISCIPLINARY CENTER HERZLIYAPO Box 167, Herzliya, Israel 46150Tel +972 9 960 2801Fax +972 9 952 [email protected]

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 [email protected] www.rris.idc.ac.il

International students can register online atwww.idc.ac.il/GraduatePrograms_Registration

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global mba program (gmba) - idc.ac.il · of nurturing future leaders. in just over ... mba courses,...

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