MA IN FINANCIAL ECONOMICS
ARISON SCHOOL OF BUSINESS TIOMKIN SCHOOL OF ECONOMICS 2020-2021 CONTENTS ACADEMIC CALENDAR19 RRISGLOBAL VILLAGE 18 HEALTH INSURANCE, VISA STATUS, CAREERCENTER17 WHY IDC?16 FINANCIAL AID 15 APPLICATION, ADMISSION, TUITION 14 FACULTY 12 ADVANCING YOUR CAREER10 ALUMNI 9 CURRICULUM8 IDCFACTS 6 PROGRAMHIGHLIGHTS5 FROM THEHEADSOF THE PROGRAM4 WELCOME
IDC Herzliya was founded with the aim of nurturing future leaders. In just twenty-five years, we have created a pioneering and innovative academic center. Our students are imbued with a commitment to excellence and original thinking. ‘The university of the future,’ as we see it, has to prepare its students for a constantly changing world by being able to innovate skillfully, to dare, and to initiate. We believe that the knowledge and tools acquired at IDC support personal and professional goal fulfillment and enable our graduates to tackle the challenges of our global reality.”
Prof. Uriel Reichman President and Founder, IDC Herzliya WELCOME FROM THE HEADS OF THE THE PROGRAM HAS AN INNOVATIVE CURRICULUM THAT INCLUDES RIGOROUS PROGRAM ECONOMICS, FINANCE FOUNDATIONS, ADVANCED PRACTICAL CONTENT THAT PROVIDES CUTTING-EDGE BUSINESS PRACTICES, AND TOP-NOTCH LECTURERS - MANY OF WHOM HAVE TAUGHT AT The MA in Financial Economics is an integral part of the academic and research development at IDC Herzliya. The THE BEST UNIVERSITIES IN THE WORLD. program is coordinated in conjunction with the Arison School of Business and the Tiomkin School of Economics, IN ADDITION WE OFFER A RESEARCH- two centers of excellence that perceive the combination of research and teaching as beneficial to society. ORIENTED FOCUS, WITH A THESIS FOR The MA in Financial Economics is designed to provide GRADUATES WHO WISH TO CONTINUE IN students with tools and in-depth knowledge in finance and economics, which will enable them to cope with the ACADEMIA.” issues and challenges of the global business-economic environment. Our graduates hold a diverse array of positions, such as Economic consultants Bankers Financial analysts and investment managers in financial institutions Finance professionals in industrial firms Analysts in governmental offices Innovators in the fintech industry Doctoral students
PROF. ZVI ECKSTEIN PROF. YANIV GRINSTEIN DEAN, FINANCE PROFESSOR, TIOMKIN SCHOOL OF ARISON SCHOOL OF ECONOMICS BUSINESS
4 PROGRAM HIGHLIGHTS
The program is designed for candidates from Israel and The curriculum is divided into foundation courses, abroad who have strong analytical and quantitative skills and specializations, and a final project/ thesis. who are interested in becoming top financial economists. Suitable candidates include outstanding graduates from Foundation Courses economics and business programs as well as engineers, Analytical Tools computer science majors, and graduates of exact science disciplines who have strong quantitative skills. Economics and Finance Foundations
In the full-time program (14 months), classes are held on Specializations Monday and Thursday afternoons and Friday mornings. There Banking and Monetary Policy are 6 mini semesters of 6 weeks each, with two-week exam periods in between. Each mini semester includes between Financial Markets 4-5 courses. Refer to the academic calendar on page 19 for Corporate Finance additional information. Fintech and Data Analytics Students can choose to study in a part-time format, and spread out their studies over a two-year period (26 months). Final Project/Thesis In the part-time program each mini semester includes between 2-3 courses.
5 On the way to becoming Israel’s first IDC private university HERZLIYA FAST FACTS Over 30 research institutes at IDC www.idc.ac.il/research-institutes
The Career Center aims to assist alumni in integrating into the professional Over market, as well as to 27,000 assist employers who graduates are seeking to recruit worldwide suitable candidates
The Israel Council for Over Higher Education granted Raphael2,000 Recanati International IDC permission to confer School students from over doctoral degrees countries make up 90 1/3 of the IDC student body
6 IDC: THE MOST INTERNATIONAL UNIVERSITY IN ISRAEL
IDC has created new, academic interdisciplinary Over 300 Lone Soldiers concepts in the fields of studying for full degrees entrepreneurship, counter-terrorism and sustainability - models that are being implemented around the world
IDC’s Alumni Association with over 27,000 graduates, forms a professional and social alumni community that promotes Ranked no.1in Israel for our treatment of networking from different countries, and strengthens the pride and IDF reservists belonging to IDC and the alumni
7 SPECIALIZATIONS (Choice of 10 credits) • Practicum BANKING MACROECONOMICS AND MONETARY POLICY • Economic Growth • Risk Management in Financial Institutions • Stress Testing in Banks • Research Workshop in Monetary Economics
FINANCIAL MARKETS • Advanced Bond Markets • Topics in Global Economics • Active Portfolio Management * • Research Workshop - Theoretical Asset Pricing CURRICULUM • Research Workshop - Empirical Asset Pricing
CORPORATE FINANCE • Valuation • Topics in Corporate Finance Students are required to take 51 credits and to submit a final project; 41 credits are required courses and 10 credits are elective • Financial Statement Analysis * courses. Courses are generally 2 credits each. FINTECH • Fintech - Finance, Business and Technology FOUNDATIONS • Programming in Python * • Business Analytics * ANALYTICAL TOOLS (REQUIRED) • Fintech Project * 1 • Mathematics for Financial Economists 1 Students with a strong background in mathematics can be exempt • R - Online Course and Statistical Software Workshop from the course. The course is offered from August to September. • Econometrics 1, 2 2 Students who did not major in Economics in their undergraduate degree are required to take these courses. The courses are offered in October. • Empirical Research Strategies * Jointly taught with other graduate programs. Scheduling may not coincide with the MAFE schedule. Some restrictions may apply. ECONOMICS AND FINANCE FOUNDATIONS (REQUIRED) * Tentative curriculum. Subject to changes. • Microeconomics and Macroeconomics Foundations2 RESEARCH FOCUS • Micro 1: Introduction to General Equilibrium Under Uncertainty Students who are interested in a research focus can choose to do • Micro 2: Games with Incomplete Information a thesis instead of a final project. Students who do a thesis are • Dynamic Macro and Monetary Economics required to take only 47 credits. In addition they are encouraged • Central Bank Policy: The Fed, ECB and BOI to take the following research workshops as electives • Mergers and Competition Policy: Economic Perspective • Research Workshop in Theoretical Asset Pricing • Finance 1: Foundations and Capital Markets • Research Workshop in Empirical Asset Pricing • Finance 2: Corporate Finance • Research Workshop in Monetary Economics • Financial Accounting 1 • Academic Workshop • Financial Accounting 2 The procedure for doing a thesis involves the submission of a • Investments thesis proposal by September of the last year of studies. • Options and Futures Once the proposal is approved the student will work on the • Bond Markets thesis and can complete it after the completion of the courses. • International Finance IDC Herzliya reserves the right to cancel, alter, or expand the academic • Final Project / Thesis (required) programs offered • Final Project/Thesis Workshop (required)
8 ALUMNI
Noa Drezner Business Development Manager, Paypal Israel Matan Malka Investment Banker, Ernst and Young Israel
Shani Breslauer Analyst, Agribusiness Banking Department, EBRD Israel Zsofia Boros Analyst, YL Ventures Hungary
Felipe Sichel Strategist, Banco Modal Brazil Ido Spector PhD Candidate, Stanford University Israel
9 ADVANCING YOUR CAREER
The MAFE program helps students with their PRACTICUM career development. We pride ourselves on Students are encouraged to take the Practicum elective course. positioning our students in excellent placements Headed by Prof. Ronen Israel, this course introduces students both in Israel and abroad. to the financial industry. The practicum includes visits to banks, investment houses, and financial divisions of large industrial Our graduates work in organizations such as Citi, firms, as well as a study trip to London. Bank Leumi, Bloomberg, Deloitt, Barak Capital, Modal Capital, Strauss, Elbit, Psagot, BDO, the Antitrust Authority, the Ministry of Finance, and others. Several of our graduates have gone on to pursue their PhD degrees in universities such as Stanford and UCLA.
10 STUDY TRIP TO LONDON STUDENT EXCHANGE PROGRAM As part of the Practicum, students visit London’s financial The MA in Financial Economics program has an exchange center. The visit is scheduled between mini semester 5 and mini agreement with the MA program in Quantitative Finance at the semester 6, and it includes visits to financial institutions such University of Washington, St. Louis. Students who participate as Goldman Sachs, Bloomberg, Citi, BlackRock, Merrill Lynch, in the exchange program study in St. Louis from August to and others. The visits consist of lectures by top executives and December, towards the end of their studies. presentations by students. This trip also provides an opportunity for students to network and for the companies to provide information regarding career opportunities abroad. Costs of the trip are not included in the tuition.
INTERNSHIPS The program offers internship opportunities to students towards the end of their course of studies. The internships are typically two-months-long, and provide unique opportunities to work in real financial positions. Past student internships have included Bloomberg, Brevan Howard, Citi, Bank Leumi, Azrieli , Deloitt, the Israeli Treasury Department, and others. The process of getting internships is competitive.
11 Prof. Ronel Elul, PhD, Yale University Senior Economic Advisor, Federal Reserve, Philadelphia; Adjunct Professor, Wharton School of the University of Pennsylvania Area of Expertise Financial stability in banks FACULTY Courses Stress Testing in Banks (in alphabetical order) Prof. Itzhak Gilboa, PhD, Tel Aviv University Professor of Economics, Tel Aviv University and HEC Paris Areas of Expertise Decision theory; Game theory; Consumer theory Courses Microeconomics 1 Prof. Doron Avramov, PhD, Wharton School of the University of Pennsylvania Prof. Yaniv Grinstein, PhD, Carnegie Mellon University Professor of Finance, IDC; Former Professor, Hebrew University Professor of Finance, IDC; Co-Head, MAFE Program, IDC; Formerly of Jerusalem; Former Professor, University of Maryland Tenured Faculty, Cornell University; Visiting Faculty, Wharton Areas of Expertise Risk management; Derivatives modeling School of the University of Pennsylvania; Visiting Academic Scholar, Courses Finance 1; Options and Futures; Research Workshops; Securities and Exchange Commission Final Project Workshop Areas of Expertise Corporate finance; Corporate governance Courses Finance 2; Topics in Corporate Finance Dr. Eric Berger, PhD, Harvard University Risk Manager, Eagle Investment Solutions; Former Chief Risk Dr. Samer Haj Yehia, PhD, MIT; CFA Officer, Oasis; CEO, Bloomberg/Israel Former Senior Executive, GMO, Fidelity, AG, and Deloitte; Board Areas of Expertise Risk management; Derivatives modeling; Member, Bank Leumi; Chairman, Audit Committee, Hadassah Algorithmic trading; Mathematical finance Hospital; Consultant in economic strategy, business development, Courses Investments investment management, banking and capital markets Areas of Expertise Global banking; Investment management; Prof. Jacob Boudoukh, PhD, Stanford GSB Capital markets covering multi-assets classes from multidisciplinary perspectives - management, legal, accounting, finance and Professor of Finance, IDC; Formerly with Stern School of Business, economics NYU; Formerly with the National Bureau of Economic Research Courses Fixed Income & Derivatives Areas of Expertise Asset pricing; Investment management; Risk management; Fixed income; Currencies; Derivatives Courses Advanced Fixed Income; Risk Management Prof. Zvi Hercowitz, PhD, University of Rochester Professor of Economics, IDC; Former Professor, Tel Aviv University; Former Consultant, Research Department, Bank of Israel; Visiting Prof. Alex Cukierman, PhD, MIT Scholar, Federal Reserve Banks of Chicago, Minneapolis and Professor Emeritus Tel Aviv University; Member, Bank of Israel Richmond Monetary Committee; Former President, Israeli Economic Area of Expertise Macroeconomics Association Courses Macroeconomics 1 Areas of Expertise Macroeconomics; Monetary economics; Political economy; Monetary policy & institutions Dr. Orly Idan, PhD, Tel Aviv University Courses Research Workshop in Monetary Economics Senior Associate Researcher, Psychology of Intergroup Conflict and Reconciliation Lab, IDC; Martin Springer Center for Conflict Prof. Zvi Eckstein, PhD, University of Minnesota Studies, Ben-Gurion University Served as Deputy Governor, Bank of Israel; Dean, Tiomkin School Areas of Expertise Language, emotions & intractable conflicts; of Economics , IDC; Co-Head, MAFE Program, IDC Discourse analysis of “the other’s” narratives; Mentalization Area of Expertise Macroeconomic policy & language development; Resilience sources; Salutogenic Courses Global Monetary & Financial Stability; Final Project interventions in conflictual settings Workshop Courses Final Project Seminar (academic writing)
12 Dr. Oren Levintal, PhD, Hebrew University of Jerusalem Served as Lecturer, Tiomkin School of Economics Area of Expertise Macroeconomics Courses Final Project, Workshop
Prof. Omer Moav, PhD, Hebrew University of Jerusalem Prof. Ronen Israel, PhD, Northwestern University Professor, Economics, IDC; Former Professor, Economics, Hebrew Former Finance Professor at Carnegie Mellon University; Former University of Jerusalem; Former Head, Advisory Board, Israeli Finance Professor at University of Michigan; Former Director, Bank Ministry of Finance; Professor of Economics, University of Warwick Hapoalim; Former Director, Mizrahi-Tefahot Bank Areas of Interest Economic growth & development Area of Expertise Corporate finance Courses Economic Growth Courses Practicum in Financial Economics
Dr. Tal Mofkadi, PhD, Tel Aviv University Dr. Doron Israeli, PhD, Stanford University Visiting Lecturer, University of Amsterdam, Vienna University and Senior Lecturer, Accounting, IDC; Expert on financial reporting, Nagoya University of Commerce and Business stock pricing efficiency and quantitative methods in finance Areas of Expertise Asset pricing; Corporate finance & risk Areas of Expertise Rrole of financial reporting in capital markets; management Effects of capital markets frictions & human cognitive constraints Courses Valuation on stock pricing efficiency; Corporate investment policy Courses Econometrics I; Econometrics II Prof. Zvi Neeman, PhD, Northwestern University Former Visiting Professor, Economics, Yale University; Former Prof. Shimon Kogan, PhD, University of California, Berkeley Head, Berglas School of Economics, Tel Aviv University Associate Professor of Finance, IDC; Former Faculty, Carnegie Areas of Expertise Game theory; Information economics; Mellon University and the University of Texas, Austin; Former Microeconomic theory; Law and economics; Environmental Visiting Professor, MIT economics Areas of Expertise Behavioral finance; Empirical asset pricing; Courses Microeconomics II: Games with Incomplete Information Experimental economics Courses Fintech - Finance, Business & Technology Prof. Yona Rubinstein, PhD, Hebrew University of Jerusalem Areas of Expertise Economics; Econometrics Prof. Ron Lazer, PhD, New York University Courses Empirical Research Strategies for Financial Economics Adjunct Professor, Accounting and Control, INSEAD; Professor and Accounting Department Chair, The Academic Center of Law and Science, Sha’arei Mishpat, Israel Prof. Marius Schwartz, PhD, University of California Areas of Expertise Financial accounting & reporting; Value Professor, Economics, Georgetown University; Served as Chief relevance of accounting information; Analyst forecasts & effects Economist, Federal Communications Commission (FCC); Acting of regulation, companies’ valuations & voluntary disclosures Deputy Assistant Attorney General for Economics; Economics Courses Financial Accounting 1; Financial Accounting 2 Director of Enforcement, Antitrust Division, US Department of Justice Area of Expertise Antitrust Prof. Leonardo Leiderman, PhD, University of Chicago Courses Mergers & Competition Policy: Economic Perspective Served as Chief Economic Advisor, Bank Hapoalim; Senior Director at the Bank of Israel; Head of Emerging Markets Economics at Dr. David Woo, PhD, Columbia University Deutsche Bank Head, Global Rates and Currencies Research, Bank of America; Areas of Expertise International finance, Central banking, Researcher, World Business Markets, Merrill Lynch Emerging markets, Macroeconomic policy Areas of Expertise Macroeconomics; International finance Courses International Finance Courses Topics in Global Economics
13 APPLY ONLINE AT forms.idc.ac.il/MA
APPLICATION, ONLINE APPLICATION ADMISSION, Complete the online application form, including essays, recommendation letters, transcripts and documents at forms. TUITION idc.ac.il/MA You must submit: Official transcripts of previous academic studies (undergraduate or graduate degrees). Please note: Applicants must have a final GPA of 80% and above, or 3.0. Documents may be scanned, but they must bear the official stamp of the issuing institution. Scanned APPLICATION PERIOD photocopies of the original documents will be accepted The application period for the academic year starting autumn only if properly notarized.* 2020 is November 15, 2019 - August 31, 2020. Official diploma The application period for students required to take preparatory Copy of passport or identity card courses ends on July 26, 2020. Curriculum Vitae (CV) Due to the competitive nature of the admissions process we * An official, notarized English translation must be submitted recommend that applicants prepare their application well in for all transcripts not originally issued in English. advance of the deadlines. APPLICATION PROCESS ADMISSION CRITERIA The application process consists of two stages: Completed undergraduate degree from a recognized Stage 1 academic institution that included at least two semester-long courses of undergraduate level Calculus and two semester- Your application will be evaluated by the Admissions Committee long courses of undergraduate level Statistics based on the submitted materials. Undergraduate GPA of 3.0 or 80% and above Stage 2 Strong quantitative background, preference will be given to Applicants who successfully pass Stage 1 will be invited to a students with undergraduate degrees in computer science, personal interview with the Admissions Committee. Applicants economics, business, exact sciences and engineering living outside Israel may be interviewed via Skype or by phone. Interview either on Skype or in person Students are required to take preparatory courses in Mathematics and Economics, which are given before the TUITION & FEES start of the academic year (Additional costs apply). Students The application fee is $100 US (non-refundable) are required to pass the preparatory courses in order to begin the program. The down payment is NIS 9,900 and applicants must pay the fee to secure their place in the program after being Students are exempted from the preparatory course in accepted. Once the down payment has been received the Economics if their undergraduate degree is in Economics. applicant’s place is secured and confirmed. Students are exempted from the preparatory course in Mathematics if their undergraduate degree is in an exact The tuition for the entire MA Financial Economics program science (Computer Science, Engineering, Math, Physics). is NIS 70,000. IDC reserves the right to change all tuition and fee rates without prior notice.
14 STUDENT AUTHORITY FINANCIAL AID The Government of Israel offers financial assistance for graduate school tuition to new immigrants under the age of thirty, provided the immigrant does not already have a graduate degree from abroad and the program is recognized by the Student Authority. MERIT SCHOLARSHIP Students must begin their graduate studies within three years RRIS awards excellent students with merit scholarships based of their aliyah date (not including army service), in order to be on their previous performance. Students do not apply for this eligible for this assistance. scholarship. The Admissions Office will notify you if relevant. www.gov.il/en/Departments/General/students_eligibility
FAFSA MASA Jewish students between the ages of 18-30 who American students are eligible for Stafford Loans as part of the have not previously been on a long-term program Direct Loans Program. Students can register online at to Israel and have not made aliyah are eligible www.fafsa.ed.gov from October 1, 2019 until March 1, 2021. for a onetime grant from Masa towards tuition. Our school code is G40703. www.masaisrael.org For further information see www.idc.ac.il/fafsa SAP (Students Assistance Programs) Canadian students interested in loans and grants from the Canadian government can get information at https://www.canada.ca/en/employment-social-development/ programs/canada-student-loans-grants.html Financial aid is also available through the Jewish Free Loan for the Greater Toronto area (https://www.jewishcanada.org/ regional/jewish-free-loan-toronto) and through the Canadian Scholarship Fund (http://www.aaci.org.il).
FOR MORE INFORMATION idc.ac.il/financialaid/ma
15 IDC Herzliya is one of the most prestigious universities in Israel. Employers seek IDC graduates because they come with practical tools and hit the ground running. IDC operates a IDC Herzliya offers a large Career Development Center that aims to array of extracurricular prepare students and alumni for the job activities: sports, debate club, market, and to provide them with the Model UN, Israel advocacy, Networking is the name tools to find suitable employment both JLIC-RRIS Friday night dinners, of the game! before and after they graduate. shiurim, mincha club, choir, band, To date, there are more than and much more. 27,000 IDC graduates from more than 90 countries. This gives students a unique opportunity to meet people from different backgrounds and learn about The Raphael Recanati other nations and cultures, and International School to establish friendships that WHY provides very special care last a lifetime. It also creates a for its students. We are the worldwide networking system largest academic absorption that gives our students an center in the country. We are advantage throughout their lives. especially proud that we are home to more than 300 lone soldiers, who are currently studying here. Our small classes create IDC an intimate atmosphere, which allows students to get to know each other and the staff. Our philosophy is that our students ? One-third of IDC Herzliya are our partners. students are international, making us the most international university in Israel for full-degree students. Israeli students serve as IDC Herzliya was ranked counselors for first-year students number one in student in order to help them find their satisfaction for quality teaching for way around and get to know the four consecutive years, in a nationwide system. survey conducted by Israel’s Council for Higher Education. We are the first non-government subsidized academic institution to grant doctoral degrees.
16 VISA & 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 student visa (A-2), or Israeli citizenship, with the Israeli embassy or consulate in their country of origin. A student visa should be obtained in advance, in the student’s country of origin. International students who are children of an Israeli parent must settle all matters, such as deferment of military service, with the nearest Israeli embassy or consulate. The Jewish Agency provides advice and assistance to students considering immigrating to Israel. See: www.jewishagency.org/JewishAgency/English/Aliyah/ and for North America/UK: www.nbn.org.il
CAREER CENTER
The Career Center strives to prepare students to enter the workplace and to help them find employment opportunities, by providing counseling, placement, and informational services. It is tailored to meet the specific needs of the students and graduates of each of IDC Herzliya’s schools, according to the relevant market. HEALTH INSURANCE These services include personal career counseling and assistance, as well as lectures and workshops All IDC students are required to have comprehensive health on job-seeking strategies, LinkedIn, and interviews. insurance coverage throughout the period of their studies. In addition, the Career Center creates recruitment Israeli residents, including new immigrants, receive national and networking opportunities such as job fairs, health insurance for a low monthly fee, in accordance with Coffee Chats, and employers meetings. The center the country’s health insurance legislation. International also maintains an updated listing of hundreds of job students who are not covered by Israel’s national health openings in Israel for students and graduates. insurance (bituach leumi) should purchase their own health insurance policy to cover their medical needs while in Israel, www.idc.ac.il/career/eng or purchase the UMS HAREL YEDIDIM insurance policy for international students, offered by IDC. Our special arrangement with HAREL YEDIDIM insurance company provides comprehensive health coverage for $990 US* per academic year, which will be charged at the beginning of each year. *Rates are subject to change according to insurance company rate fluctuations.
17 RRIS GLOBAL VILLAGE
511
96 26% 706 EUROPE 5% 36% AFRICA NORTH AMERICA
24% ISRAEL & 7% THE MIDDLE EAST LATIN AMERICA 466
148 2% ASIA & OCEANIA
50 30% OF THE STUDENT POPULATION OF IDC HERZLIYA ARE INTERNATIONAL STUDENTS. RRIS IS THE LARGEST ACADEMIC ABSORPTION CENTER IN ISRAEL.
18 ACADEMIC CALENDAR ה׳תשפ”א 2020-2021
Preparatory Courses August - October, 2020
Opening Event November 6, 2020
Mini semester 1 November 9 - December 18, 2020
Mini semester 2 January 4 - February 12, 2021
Purim February 26, 2021
Mini semester 3 March 1 - April 23, 2021
Pesach break March 28 - April 2, 2021
Memorial Day and Independence Day April 13 - 15, 2021
Shavuot May 16 - 17, 2021
Mini semester 4 May 24 - July 2, 2021
Mini semester 5 July 19 - August 27, 2021
Rosh Hashanah September 6 - 8, 2021
Yom Kippur September 15 - 16, 2021
Sukkot September 20 - 26, 2021
Mini semester 6 November 8 - December 17, 2021
The schedule is tentative and is subject to change Exams will be held on campus between mini semesters
Design Guy Tamir - [email protected] Production Liat Amosy, Shira Gazit Editor Naomi Lipstein Photography Iya Volkova, Adi Cohen Zedek, Alon Gilboa, Oren Shalev, Ran Yitzhak, Maya Gershon, Shira Gazit
19 ISRAEL The Raphael Recanati International School Interdisciplinary Center (IDC) PO Box 167, Herzliya, Israel 46150 Attention: MA Registrar Tel +972 9 952 2700 Fax +972 9 952 7334 [email protected]
NORTH AMERICA The Raphael Recanati International School c/o American Friends of IDC 142 W. 57th Street 11th floor New York, NY 10019 Tel + 1 212-213-5962 Fax +1 212-213-6436 [email protected]
www.rris.idc.ac.il
Submit your application online Forms.idc.ac.il/MA