Foreign-trained MBAs making impact on Israel business scene
Posted on Sunday, June 22nd, 2008 | In Current Market News, Foreign Markets, Israel, Stocks to WatchIsraelis business used to be characterized by brilliant technologies looking for a problem to solve. No 
longer. With MBA programs in Israel growing and more and more Israelis seeking training abroad, Israel management is seeing a tremendous upgrade in non-army qualifications, experience, and training. Kellogg School of Management has been running a successful EMBA program in Israel for years (see here). Now, we’re seeing more and more Israelis go abroad for their studies.
Today’s Globes has an article about this phenomenon. The US-Israel Educational Foundation (USIEF) (the Fulbright Program) reports that 110 Israeli students will begin MBA studies in the US in the upcoming academic year. Typically, Israel sent 60-70 to foreign MBA programs. This is the 3rd year in a row where over 100 Israeli students will study business abroad.
Interestingly, over 20 of these students will be attending Wharton. Renonwed for its finance-focused MBA, Wharton will be grooming the next generation of financial wizards as structural changes continue to propel Israeli money-management ahead. According to Globes, “The University of Chicago accepted 14 Israeli students for its MBA program, the second largest number. In third place is the Massachusetts Institute of Technology’s MBA program, which accepted 10 Israelis.”
The same Globes article claims that the average GMAT score in Israel is 700. The Princeton Review’s Israeli director, Dov Shalit noted, “Only 7% of students taking the GMAT score 700 points. In Israel, 15-25% of those taking the test score 700.”
With Israeli financial, tech, and defense businesses like Bank Leumi, Elbit Systems (ESLT) and NICE (NICE) becoming more and more global businesses, Israel human capital is preparing for the next stage of management by hiring and training top MBAs.
Please see our Disclaimer HERE.
NEW! Introducing Israel Opportunity Investor, our monthly subscription-only newsletter. Stay ahead of the game and make smart decisions in Israel stocks. Go here to learn more.
Last 5 posts by Zack Miller
- Interview with Shai Wininger, Developer of Kotel Notes - June 19th, 2009
- Interview with Benzi Ronen, Co-Founder of Buddy Runner - June 3rd, 2009
- Israeli security showcased in Papal visit to Israel this week - May 11th, 2009
- What’s behind Sarah Lacy trash talking the Israeli VC scene - March 26th, 2009
- Israel oligarch illiquidity to threaten Israel economy? - March 26th, 2009
Current Market News, financial wizards, Foreign Markets, Israel, kellogg school of management, massachusetts institute of technology, mba wharton, Stocks to Watch, top mbas
 About Zack Miller (http://israelnewsletter.com)
Zack embodies the nexus between asset management, equity research, and new internet distribution technologies. Previously, Zack was an analyst at Oasis Capital Management, a multinational, multi-strategy hedge fund. Zack’s area of expertise is discovering and analyzing undervalued technology stocks, particularly of small-cap companies. Zack holds an MBA from the Kellogg School of Management and a B.A. from Harvard University. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.