Bus 522 – Israel Course has gained great popularity among all graduate students in School of Business. It is now open to seniors, all majors.
Students have a speaker each week, who will be drawn from Israeli companies operating in the United States including The Mass Challenge (business incubator that runs a competition for startups); NE Israel Business Council; our governor’s office (which has sent a trade delegation more than once to Israel); U.S. Industry Specialists in Startups (Information Technology, Clean Technology / Sustainable Development and Biotechnology).
Students will visit an incubator and talk to entrepreneurs who are using its resources. They will learn what financial requirements there are for startups to receive funding from venture capitalists and angel investors and how to prepare relevant financial reports. They will study the history and culture of Israel as it relates to entrepreneurship.
Students will experience Israel’s culture, live among its people and have discussions about the influences that have changed their lives – the military, the absence of fear in debating ideas, the acceptance of failure as a growth stimulator, the influence of a multi-national/multi-cultural society, and many other topics.
“This was the kind of experience I came to WPI for”, said by Robert Hatcher, who took this course last semester, “Israel’s history, tiny size, and geography make for a uniquely successful business culture focused on global scale, bias for action, high tolerance for failure and low tolerance for excuses. In this course students come to understand this mindset through meaningful and direct access to leaders building real ventures grounded in these values. Students also gain a key international perspective by examining the cultural and political landscape of Israel and the region. This course was an important experience for me and I apply what I learned every day in both my personal and professional lives.”
PS: Here is a short video from Robert Hatcher