Washington University’s Olin Business School is one of eight top American universities chosen to receive a $25,000 grant for study abroad programs in Israel in 2011 and 2012.
The funding comes, in part, from Jewish Federation of St. Louis through the Jewish Agency for Israel (JAFI) and Masa Israel Journey, a New York non- profit supported by the Israeli government and JAFI. JAFI is a Jewish Federation of St. Louis international beneficiary agency.
The Olin Business School is partnering with the Interdisciplinary Center (IDC) in Herzlilya, which teaches information technology and global markets. “Olin was chosen because we’ve been able to create study programs in Israel that focus on business administration and entrepreneurship,” said Steve Malter,Ph.D., Assistant Dean for Student Development & Strategic Initiatives, undergraduate programs at Olin Business School.
“Our goal specifically is to examine how the Israeli economy has performed so well. There is so much going on in business. This is a country with few natural resources and almost no geographic trading partners that experiences tremendous economic success on a worldwide scale,” Dr. Malter pointed out. He explained that for the semester IDC program, the students take courses, intern, conduct original research and write a paper. “Three students participated last year working for start-up companies that were acquired for tens of millions of dollars when the students were in Israel. Talk about an experience that can’t be taught anywhere else…"