[assafwand]

בתגובה ל: UNC KFBS #18531

To: dvasht

---

No offense but I find it very funny that a fund with $1.3M wants to invest 40% in Buyouts, 20% in late stage VC, 15% in growth capital etc' etc' – I think you basically can't invest in anything let along get an active lead role, which is the only way to really learn it

It is an interesting idea but I am sorry if I can't take this fund too seriously – also I didn't get the strategy and there will not be any continuation and taking positions with the companies, hence what is the strategy to actually create value???

A

[assafwand]

בתגובה ל: לחברים בלבד #18262

כרטיס החבר עודכן

* לצפיה בכרטיס של חבר, לחץ על שם החבר שבכותרת ההודעה

* עדכן את כרטיס החבר שלך ע"י לחיצת edit profile בראש העמוד

[assafwand]

בתגובה ל: התקבלת? אנא עדכן #18217

To: All

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Hi all

for all the people who got in and all of those who are applying now

we wrote several years ago a full and quite lengthy website just for such people – http://www.iimba.org.il

there is a LOT of info there in the admit and candidates sections that I think can be helpful

enjoy

A

[assafwand]

בתגובה ל: האם לעשות MBA? #18062

To: ehudger

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One note

Most of the times (99%) we as Israelis will not fit the need based aspect – yes we make shitty money in here and many of us at that stage have very little if at all savings. But you are competing on the need based scholarships either with an Indian who moves to the states with his 3 kids or with an American that finished med school and still have $400K loans to return…

A

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #17928

To: zapkif

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Hi there

I actually think you can be a very interesting candidate in Chicago Booth – and your degree will fit perfectly with the analytical finance focus

A

[assafwand]

בתגובה ל: UNC KFBS #17893

To: dvasht

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good answer – thanks

[assafwand]

בתגובה ל: UNC KFBS #17887

To: dvasht

---

I don't think they are better than the benchmark:

• They are using synthic short where normal funds can't do so
• They have ~ 25-40% of their asset in fixed income where the benchmark is ALL equity
• The stocks they chose (for example Guess and Cardinal) are small cap and hence have a very different Beta from the market beta and as such can not compare to the market benchmark of the S&P
• Overall, it seems like the fund is more an Alpha producer and as such -20% is not a good return at all but they should be market neutral and aim for positive returns no matter what the market is doing

Just my 2 cents from my Finance and investments classes

A

[assafwand]

בתגובה ל: UNC KFBS #17633

To: אייל

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I am with Eyal – I wasn't planning on dragging Chicago specifically but more to give more concrete examples especially from a school I really know so it was easier for me to elaborate and give some data…

I for one am the biggest believer that the school can take one to a limited extent and that at the end it is up to the person to get himself the right job – just my 2 cents

A

[assafwand]

בתגובה ל: UNC KFBS #17623

To: assafwand

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Lastly – another interesting tip to know which are the core schools

enter the website http://www.mckinsey.com and add the name of the school (I inserted the Chicago option) you are interested in http://www.mckinsey.com/careers/chicagogsb – you will get into the specific website of the school – this will give you details on the process etc for this specific school. Core schools will have a a recruiter, Junior Recruiter and staffed ambassador – other schools might have one recruiter

In addition, most of the core schools will fill in the application on their school's dedicated McKinsey website and would usually won't need cover letter and for instance in Chicago since there is a grade non disclosure there is no need to post grades.

check out the calendar of events to see what events the firm is holding in school http://www.mckinsey.com/careers/chicagobooth/campus_calendar.aspx

Hope this helps

Assaf

[assafwand]

בתגובה ל: UNC KFBS #17621

To: Question

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Overall indeed the M7 are the core schools – Tuck is not one of them but I can specifically speak for McKinsey there is quite a nice presence in Tuck for McKinsey – mostly for the Eastern offices, Duke is also strong in the Southern offices and Michigan in the Mid West.

I believe that Bain hardly recruit in these schools, but BCG have a wider spread.

A

[assafwand]

בתגובה ל: UNC KFBS #17616

To: dvasht

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Hi guys,

Sorry to interfere in this discussion but I just feel this is not true at all – in particular regarding consulting, in the past I was a consultant with McKinsey in NYC and was very much involved with recruiting.

Overall, specifically for McKinsey and I believe it is the same for Bain and BCG even to a bigger extent – the company maintains 7 core schools, which they recruit from and aprox 80-90% of the MBA class that enters the firm comes from these schools. The firm do come to other schools but to a way lesser extent and usually from offices that are in the region – for instance, Michigan is strong in the Mid west region of McKinsey, but it is very rate to have a person from this school in the NYC, Boston offices.

Another important point – there is a very different level of commitement that a company can make in a specific campus. For instance, I graduated from Chicago Booth and in the school McKinsey hosts around 15 events for each class (1st and 2nd year) every year – this means from dinners, cocktails, going to a game together, lectures by different practice heads of the firm. In addition, there is a rep of the firm that sits ON campus for 3 months where all is job is answering questions and helping people with cases etc' – this is usually an Engagment Manager or Associate Principal in the firm.

If someone is interested in specific company he should look at the placement reports – the fact that a company arrives to campus has many different flavours

Lastly, what I wrote happens in all of the core schools and for many many companies on campus

I thought to clear it

A

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #17598

To: gileyal

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I completly agree – this is utter BS – each exam is brand new and the system does not take into account the previous test

A

[assafwand]

בתגובה ל: אין יותר הלוואות? #16230

To: Shimshon

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The banks do not need to accept these terms – the school needs to understand his exposure – in top schools the default rate is lower than 0.1% (according to Chicago GSB), and again usually people do not default on the entire sum but on a very small portion of it – or they ask for a deferral in payment or a longer grace period. It does not sum up to a lot no matter how, there are always students that are company sponsored or are very wealthy and do not take a loan at all – the entire meaning is that the school takes the position of the co-signer – which isn't a big deal

A

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #16218

To: asircpa

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take an executive education

Chicago GSB has a very very good exec MBA in London

http://europe.chicagoexec.net/

enjoy

A

[assafwand]

בתגובה ל: אין יותר הלוואות? #16214

To: Shimshon

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I think this is the route that most of the schools will go for – I had a discussion about it with Rose from Chicago GSB a week ago.

All the schools know that it is a big issue for them and they are very clear that they need and want international students. Overall, the default rate of these foreign students went from less than 0.5% to less than 2.5% – so for a school like Chicago GSB for instant who has 550 student, of whice ~ 40% are international – it is 220 students per year – assuming an average loan of $100K it is $22M a year – basically even assuming the 3% default ratio it means the school will be exposed to $660K – and most people return some of the money and are not defaulting on the entire sum -also there are initiation fees etc' which would cover these costs – I think it isn't a problem AT ALL for the schools to be exposed for $500K and co sign the international students…

just my 2 cents

Assaf

[assafwand]

בתגובה ל: גיבוי 2 #16085

שלום לכולם! הצטרפתי לפורום לאחרונה והבנתי שצריך לספר קצת על עצמי, אז קודם כל כמה דברים כלליים:
I was one of the founders of this website for some reason I lost my permanent status please take care of it

היום אני עובד ב…       בתפקיד
וגם מתעסק ב

למדתי…       סיימתי בממוצע

ציון ה- GMAT שלי:    / עוד לא עשיתי GMAT, עושה בחודש… / עושה כרגע קורס GMAT ב… / לומד לבד…

בצבא הייתי ב…       בתפקיד

בשלב זה אני רק מתעניין באפשרות של MBA בחו"ל
או: אני מתכונן לפנות לתוכניות ה-MBA של…
או: כבר הגשתי בקשות לתוכניות ה-MBA של…
או: אני בוגר של…
או: אני כרגע עובד על ה-GMAT…

אודה למי מהחברים הותיקים שיוכל ללחוץ reply ולענות לי:

אני מקווה לתרום לקהילת הפורום לפחות 20 הודעות בשנה הקרובה
או: מבחינת השתתפות בפורום – אני בד"כ מאלה שרק מסתכלים על הודעות של אחרים.

אז בהצלחה לכולם,

assafwand

[assafwand]

בתגובה ל: Chicago Booth #16080

To: All

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Title: Tel Aviv Reception Description: This information session will provide you with a great opportunity to learn more about the Chicago GSB experience. Chicago has a very unique approach to MBA education and this event will introduce you to our value system, educational approach and the most flexible MBA program on earth! We are excited that you have decided to come learn more about us and we very much look forward to our opportunity to engage with you! Where: Tel Aviv Location: Hilton Tel Aviv Independence Park Tel Aviv, 63405 Israel Event Date: Wednesday, October 22, 2008 7:00 PM – 9:00 PM RSVP by: Wednesday, October 22, 2008 12:00 AM Host: -Chicago GSB RSVP at: http://register.applyyourself.com/?id=uchic-gsb&pid=2311&eID=1929&rid=1

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #15471

To: JR13

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I would seriously examine executive MBA's options. Chicago has a very cool option in London in which you go there every several weeks for a long weekend – I know of several Israelis that did it

To be honest I think an exec MBA would be the best path for you – move forward with your career and gain a great MBA experience

A

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #15423

To: JR13

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JR – If you aer getting the promotion why would you consider the MBA – isn't it better to move forward on your accelerated path as is????

A

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #15038

To: nyaniv

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It would play a lot more signficant role in your recruiting (the actual returns) and it doesn't interest the committee – BUT the fact you were an engineer that was attracted finance (and the quant aspects of it) is a good strategy for why biz school, why now and for specific schools…

A

[assafwand]

בתגובה ל: שאל את ארינגו: תהליך הקבלה #15030

To: nyaniv

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I would surely mention it – in particular if you wish to enter a more financial oriented course and naturally this would fit very well into your strategy

One small remark – if you invest in growth via small cap than the S&P isn't your benchmark but rather an index that has a comperable Beta :-)

A

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