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  • LPOW
    חבר
    מספר הפוסטים: 200

    To: Itair


    Getting a job in the US is easier with an MBA… but you could secure a job abroad (Europe/ US) via local branches of multinationals… not an impossible task :)

    LPOW
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    מספר הפוסטים: 200

    To: shimonh


    Guys,

    I think you over estimate the MBA: It’s an academic programme and as such cannot really teach you how to become a leader. The MBA provides powerful insights and will help you brush up your soft and technical skills but will not transform you into the next Jeff Immelt.

    I think its best to talk to people who graduated from the program for a true perspective on career opportunities asking for the opinion of those who didn’t go down the MBA road is of little value.

    MBA is a huge investment and an integral part of a combo of two: MBA + work experience abroad. If you choose to break the combo you loose out on the true value of the program and should consider other options in the local market (Kellogg Reccanati?).

    Bottom line the school does not transform you into a business leader but provides you with some very important skills that will enable you to secure a job abroad and help you overcome some of our disadvantages as foreigners in the work place. (This is of course not the only route out there – you could find a job abroad without an MBA if you try hard enough)
    Best of luck to everyone
    LPOW
    חבר
    מספר הפוסטים: 200

    To: JoeCool


    If you carry on like this ill have to remove your cool flag i gave you

    LPOW
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    מספר הפוסטים: 200

    To: nate77


    Let’s agree to disagree.

    I still stand behind my comments and think that many other factors come to play when choosing a CEO. If you can afford an MBA, why not? You'll definitely have a great time :-).

    LPOW
    חבר
    מספר הפוסטים: 200

    To: JoeCool


    Hear hear!
    LPOW
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    מספר הפוסטים: 200

    To: Itair


    In my opinion 2 years is the bare minimum, 4 years is probably the gold standard :)

    L

    LPOW
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    מספר הפוסטים: 200

    To: nate77


    Multinational companies want a person they can communicate with, a person who understands their "business culture" and at the same time understands Israel, to head the local branch.
    Multinationals want you to talk their language and look for proof of that in your business experience. The people you mentioned in your OP have years of experience in their organization which is exactly my point – an MBA will open doors to great jobs abroad – but experience is key – if you go back immediately after an MBA I do not think your in better standing than someone who studied at TAU in parallel to working. John who is working for SAP and studying at TAU will graduate with 5 years work experience, 2 of them as a group leader will be better off than Jane who worked for 3 years at SAP, studied at Stanford and came back to Israel….

    The key is to find a job with these companies straight out of your BA – that is more than possible….

    The mba is like driving a Porsche – it’s no better than a Toyota when driving in traffic through the congested city (like the Israeli labour market).


    I do not dispute the notion that an MBA abroad is a great experience (I am heading their now) I am just saying that TAU will open as many doors with multinationals in Israel including P&G, Coke, MS, SAP etc .

    Bottom line: don’t be surprised if upon returning to Israel you cannot command a premium in the marketplace. Saying that you’ll have a great story to tell (which is important too!).

    MBA abroad is useful in order to gain unique work experience….

    L

    LPOW
    חבר
    מספר הפוסטים: 200

    To: nate77


    'for example, Meir Brand, Google Israel CEO and HBS grad'. – not really reprasentative….. check profiles of local branches of multinationals.

    Lpow

    LPOW
    חבר
    מספר הפוסטים: 200

    To: אייל


    Sorry mate – I don’t think I am comparing apples with oranges. I do think that two more years of experience do count – even though they are in an unrelated field….Just work to secure a group leader position in your technical field (in parallel to your MBA) – genuine management experience will be worth more than a fancy MBA diploma.

    Saying that – if your young, wealthy and are not too worried seeing your friends shoot ahead and gaining experience in Israel (knowing you’ll get there eventually) then go for an MBA cause it is a unique experience… life is more about the journey than the destination……

    my 0.02$

    P.S: another option would be to come back to Israel and try moving abroad later in your career – an MBA from a top 5 institution is a great equalizer for us foreigners trying to break into the US/ European labour market…..
    LPOW
    חבר
    מספר הפוסטים: 200

    To: nate77


    My point was VC mostly dont have MBA from top US schools….surely you can agree with that.

    And re Assafs reply – I know for a fact that MBA from a US school will not make a huge difference at local branches of major industrial multinationals….Just apply there directly out of your MBA in Israel…

    LPOW
    חבר
    מספר הפוסטים: 200

    To: àééì


    Yes an MBA from H/S will probably have a positive halo effect – but do you really think that a hiring manager will be more impressed by an MBA than 2 years of sound experience + MBA from TAU? Look at CVs of managers of top VC funds most of them are from TAU.

    We will have to see – I am sure that my sample will grow quickly in the next few moths and promise to report back ;)

    P.S. re minimal work at TAU – jut work harder…. Its all up to you.

    LPOW
    חבר
    מספר הפוסטים: 200

    To: אייל


    I know people at Shaldor and do not think a two year MBA abroad will carry a premium at Shaldor vs. someone who has an MBA from TUA which was achieved in parallel to working.
    Cutting off your career makes little sense in the Israeli context – better to work and study at TAU. Again things might be different at Mckinsey.

    Bottom line: If your looking to leverage your MBA to secure a job in Israel immediate after your studies then do not be surprised that you will probably be in par with people who worked and studied at TAU – just $150K worse off………

    Lpow
    LPOW
    חבר
    מספר הפוסטים: 200

    To: austinpowers_2


    All i can say is experience experience experience: Joining a management training program based abroad after school will enhance your career dramatically – your going for an MBA to secure a great job abroad that in the long run will propel your career in Israel. Without experience an MBA is like frosting without a cake – rather too sweet.

    Lpow

    LPOW
    חבר
    מספר הפוסטים: 200

    To: austinpowers_2


    Well I spent some time considering my options and for various personal and professional reasons decided to attend HBS. If your off to LBS drop me a line – would be happy to chat.
    Lpow

    LPOW
    חבר
    מספר הפוסטים: 200

    To: אייל


    If you want to take this offline contact me on [email protected]

    Lpow

    LPOW
    חבר
    מספר הפוסטים: 200

    To: אייל



    Well… IMHO:

    1. Career changers: I think that it is very unlikely that an MBA + summer internship will enable you to change careers in Israel: Israeli employees are mainly focused on experience and don’t have structured programmes whichenable you to as a graduate gain experience in a new field (management trainee programmes). Moreover – I think changing careers in the US is very difficult and usually requires you follow the consulting route (which accept people from a wide range of experiences and backgrounds).
    2. Mckinsey etc: Mckinsey is probably the only employer in Israel who would give a premium for studying abroad – if you want to plan your entire career based on one employer who probably does not recruit more than a a handful of associates per year – more power to you. I know other multinationals are more focused on experience mainly because their branches in Israel are local franchise and not wholly owned subsidiaries.


    Bottom line: An MBA in the US/Europe opens up a world of employment opportunities which help you gain relevant experience that should (I hope) help you propel your career in Israel. There are some exceptions to this rule – particularly if you’re a lucky guy coming from a well connected family.

    Lpow

    LPOW
    חבר
    מספר הפוסטים: 200

    To: אייל


    I frankly think that somebody who works at a good company and spends his evenings at TAU will be in a similar situation if not better – than a frehly minted HBS graduate. Saying that, if ou have some stellar experience prior to the MBA, things may differ.

    LPOW

    LPOW
    חבר
    מספר הפוסטים: 200

    To: Laker


    Well, that is a complicated question,

    1. Long run data is hard to break down into discrete factors. In 15-20 years other factors kick in and impact your success… will MBA help you make it too the top? That depends on the decisions you make during your career. I cant see how one variable will have such an enduring impact unless complemented with other stellar decisions. The MBA is a means to an end and your success depends on an array of factors.
    2. Is an MBA worth it in the long run: I think the answer is yes – it will open a lot of options I didn’t have in the short run, helping me grow and succeed long term. Therefore I believe at least 4 years work experience abroad are critical not to recoup your investment but to enhance your career. Let us not forget that Israel’s economy is export driven and people with international experience command a premium in the market place. An MBA per se will not secure you a good job in Israel – but 4 years at GE, P&G Google or MSFT will propel your career further then your colleagues (all things equal and not if one of your colleagues is Arrison’s son in low)


    My 0.02$

    LPOW
    חבר
    מספר הפוסטים: 200

    To: Laker


    This is true for the Israeli market – in the US or Europe your chances of finding a good job after attending an MBA are so much higher. Israel is a small place – MBA is great for international business but if you expect to recoup your investment by working in Israel then you are so wrong – better to attend TUA evening MBA.

    LPOW
    חבר
    מספר הפוסטים: 200
    בתגובה ל: LBS #9715

    To: dalit


    Good luck – Switzerland is an interesting place to be :)
    LPOW
    חבר
    מספר הפוסטים: 200
    בתגובה ל: LBS #9713

    To: dalit


    Dont tell me they shipped you to Switzerland…..
    LPOW
    חבר
    מספר הפוסטים: 200

    To: All


    If anyone is heading to MIT this year can they please leave their email here?

    Thanks

    L
    LPOW
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    מספר הפוסטים: 200

    To: Top3


    It is true in Europe ;)

    LPOW
    חבר
    מספר הפוסטים: 200
    LPOW
    חבר
    מספר הפוסטים: 200

    To: m_shahar


    I disagree with some of the points you raised in your recent post. I would like to emphasize my perspective on MBA brands. I believe that Israelis have a structural disadvantage versus local nationals in the job hunt for various reasons. We are foreign (of course! – but even worse coming from a third world country), Educated in odd unknown universities who worked for no name companies hence the MBAs brand is some kind of vindication which eases our ability to find work.
    I also think that American’s & Europeans attribute more weight to the schools brand than we in Israel do. These two factors are important considerations when choosing a school – brand can help a lot.

    My 0.02.

    Regards,

    Lpow

    LPOW
    חבר
    מספר הפוסטים: 200

    To: anatshi


    Anat,

    Which school have you decided to attend?

    Good Luck

    L

    LPOW
    חבר
    מספר הפוסטים: 200

    To: odedp


    Better try the grand master site: http://www.vault.com with background data and chat rooms.

    LPOW
    חבר
    מספר הפוסטים: 200

    To: All


    Looks like wharton will drop its non disclosure policy for the class of 2008. Well I guss you cant stop the tide… any ideas if Stanford will follow?

    LPOW
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    מספר הפוסטים: 200

    To: OPPS


    Has anybody heard anything RE Chicago's scholarships?

    L

    LPOW
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    מספר הפוסטים: 200

    To: Assaf Wand


    SURVEY: CHICAGO

    A success story

    Mar 16th 2006
    From The Economist print edition

    Chicago has come through deindustrialisation looking shiny and confident, says John Grimond. Can other rustbelt cities do the same?

    Alamy

    APPEARANCES often deceive, but, in one respect at least, the visitor's first impression of Chicago color=#800080* is likely to be correct: this is a city buzzing with life, humming with prosperity, sparkling with new buildings, new sculptures, new parks, and generally exuding vitality. The Loop, the central area defined by a ring of overhead railway tracks, has not gone the way of so many other big cities' business districts—soulless by day and deserted at night. It bustles with shoppers as well as office workers. Students live there. So, increasingly, do gays, young couples and older ones whose children have grown up and fled the nest. Farther north, and south, old warehouses and factories have become home to artists, professionals and trendy young families. Not far to the east locals and tourists alike throng Michigan Avenue's Magnificent Mile, a stretch of shops as swanky as any to be found on Fifth Avenue in New York or Rodeo Drive in Beverly Hills. Chicago is undoubtedly back.

    Back, that is, from what many feared would be the scrapheap. In 1980, when The Economist last published a survey of Chicago, it found a city whose “faחade of downtown prosperity” masked a creaking political machine, the erosion of its economic base and some of the most serious racial problems in America. There followed an intensely painful decade of industrial decline and political instability during which jobs, people and companies all left Chicago while politicians bickered and racial antagonisms flared or festered. Other cities with similar manufacturing economies, similar white flight and similar problems of race and class looked on in dismay. If Chicago, the capital of the Midwest, the city of big shoulders, the city that works, that toddlin' town (few places have generated so much braggadocio), were to descend into rust-bound decay, what chance was there for Pittsburgh, Cleveland, St Louis, Detroit and a score of smaller places?

    Chicago's revival should not be judged merely by the manifest sparkle of the Loop and such districts as River North, the Gold Coast and Streeterville. A more telling indicator is the growth of population recorded in the most recent (2000) census: an increase of 4.0% for the city since 1990 (compared with 3.9% for Minneapolis, and losses of 5.4% for Cleveland, 7.5% for Detroit and 9.6% for Pittsburgh). Other signs of economic vigour include the arrival of Boeing, which moved its headquarters from Seattle to Chicago in 2001, the growth of the futures and derivatives markets embodied in the Chicago Mercantile Exchange and the Board of Trade, and the decision to expand O'Hare to ensure it keeps its place as the busiest (depending on the measurement) airport in the country.

    Just as significant have been some of the events that have not happened. For 21 years after 1955, Chicago was run by Richard Daley senior, a machine politician of the old school whose style was already looking anachronistic when his police enthusiastically beat up dissenters (as well as journalists and bystanders) at the Democratic convention in 1968. By the time of his death in 1976, he looked like a throwback to an earlier age. Despotism, however, was then replaced by factionalism and racism, and when Chicago got its first black mayor, Harold Washington, in 1983, he was rendered all but impotent by the implacable hostility of 29 of the council's 50 aldermen. The squabbling earned the city the title of “Beirut on the lake”.

    Since 1989, though, relative harmony has reigned under a second Mayor Richard Daley, who has skilfully modernised his father's approach to government, embracing rather than suppressing opponents and working with prominent businessmen to improve life in the city. Although the whiff of scandal has latterly been swirling through the ranks of his administration, most of the headlines have been about policy decisions, not political deadlock. And no wonder: many of the decisions, especially those concerning housing, education and the environment, have been bold, earning the mayor plenty of criticism but probably more approval.

    LPOW
    חבר
    מספר הפוסטים: 200

    To: Infowell


    seems like its only for BAs :(
    LPOW
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    מספר הפוסטים: 200

    To: Ivy1


    I strongly disagree with the point that 2-3 years down the road you wont find it easier to move into PE. Having Goldman or ML on your CV increases your chances dramatically especially for Israelis who worked for no name companies such as Bank Hapoalim or big Israeli law firms. That being said chances are still low – it’s an up hill struggle – if your probability today is 0.001% then it might go up to 5% not a real strategic optionJ.

    Bottom line PE is a lot about pedigree – that’s one of the reasons why H/S/W are so popular in this business – they are not better but have more of a snob appeal. That’s why I think IB can help add some spark and improve your chances down the road.

    PS: Macro economic conditions are extremely important too.
    LPOW
    חבר
    מספר הפוסטים: 200

    To: Ivy1


    I would like to add that a gradual transition into PE is probably a more realistic option for someone w/o a relevant background. Therefore one who is committed to PE could follow a route of going into an IBank or consulting and jump ship in the right market (bubbly macro environment).

    L
    LPOW
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    מספר הפוסטים: 200

    To: Infowell


    Cheers mate, you faired fine too. cong on the stanford invite. If I were you i would go.

    Best of luck

    L

    LPOW
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    מספר הפוסטים: 200

    To: YFEFFER


    I am no expert just a prospective student at an MBA program in the US. I can only say that if you have a strong volunteer record and decent grades then you are in the game.

    IMHO experience is important –it helps a lot when looking for a job at Bschool – remember a 26 year old American has 4 years experience in a blue chip shop – You are mainly competing with them and not with the local Israelis.

    LPOW
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    מספר הפוסטים: 200

    To: YFEFFER


    I have spoken to a lot of people from various schools. I cannot say that the HBS students were fuller of them selves than students from other elite schools. Yes, there are some snobs at HBS though personally the biggest snobs I met came from another school.

    I think the more experienced you are the better you understand that an MBA is not a passport for success but another instrument in your tool kit.

    I think you are a strong candidate at both schools just ace the application J

    Good luck.
    LPOW
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    מספר הפוסטים: 200
    LPOW
    חבר
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    To: kassifo


    To the best of my knowledge there are NO women admitted at HBS in r1 :)

    L

    LPOW
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    מספר הפוסטים: 200

    To: domi


    I think your a strong candidate at LBS. Maybe you should consider r4 at the school for class comencing 2006.

    Regards,

    L

    LPOW
    חבר
    מספר הפוסטים: 200

    To: Itair


    Its not a problem, could be an advantage.

    LPOW
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    מספר הפוסטים: 200

    To: eliko


    Best of luck!

    LPOW
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    מספר הפוסטים: 200

    To: eliko


    I am willing to bet hard cash that this is a bubble. Read the economist of last week :) i just hope ill have a job by the time the economy goes bust ;)

    LPOW
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    מספר הפוסטים: 200

    To: yonis


    Approx. 1 month – see BW's expert Sandy for an expected schedule R2 :)

    LPOW
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    To: greenfeld


    Smiling – I hope we wont be crying by the time we graduate ;) – looks to me like 2000 all over again.

    LPOW
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    מספר הפוסטים: 200

    To: eliko


    Mate,

    Dont know how obvious the right answer is. They are all great schools and I am not sure you could say that one will open very different options than the others….

    Saying that i think Boston is my wife's preffered location :)

    Best of luck you – hope you hear some good news from Chicago soon.

    L

    LPOW
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    מספר הפוסטים: 200

    To: avishaish


    Mate,

    Thnx, Though i think you have made a better deal.

    :)

    LPOW
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    מספר הפוסטים: 200

    To: LPOW


    sorry- i meant [email protected]

    LPOW
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    To: achsaf


    Hey !

    Email me your number to [email protected]

    We'll talk.

    LPOW
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    מספר הפוסטים: 200

    To: sefi


    please email me your number at [email protected] so we can talk.

    LPOW

    LPOW
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    מספר הפוסטים: 200

    To: Idodo


    Sure,

    Just email me at [email protected] with your details.

    Regards,

מוצגות 50 תגובות – 1 עד 50 (מתוך 200 סה״כ)