Application, Admission & Tuition

 


Application Period

The application period for the academic year starting autumn 2020 is November 15, 2019- August 31, 2020.

The application period for students required to take MBA preparatory courses ends on July 30, 2020.

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.


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 3 years after the undergraduate degree
  • Interview either on Skype or in person
  • Prerequisite courses are required in Statistics, Mathematics and Economics. Students missing these courses will be required to take preparatory courses over the summer.
  • The academic program of the Raphael Recanati International School is taught entirely in English. Graduates of schools in which English was not the primary language of instruction are required to pass the TOEFL (Test of English as a Foreign Language) or an equivalent test, such as the IELTS (International English Language Testing System) or the Israel Psychometric Examination.
  • TOEFL www.toefl.org
  • IELTS www.ielts.org

Program Tuition

The application fee is $100 US (non-refundable)

The down payment is NIS 9,900. Applicants must pay the fee to secure their place in the program after being accepted. Once the down payment has been received, the applicant’s place is secured and confirmed. 

The tuition fee for the entire program is NIS 104,500.


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


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


The Admission Committee will evaluate and reach decisions regarding your candidature and you will be informed of your applicant status, once decided.
 

Online Application

Complete the online application form at forms.idc.ac.il/MBA


Please note your application must include:


  • Official transcripts of previous academic undergraduate
    and graduate studies. Transcripts must bear the official
    stamp of the issuing institution. If you do not send the
    original, scanned photocopies of the original documents
    will be accepted 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.
  • Candidates who do not have a quantitative degree must supply an official quantitative GMAT score.
  • A copy of identity card or international passport
  • A short biography (Bio Form)

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