Immersive Field Courses: IFCs require a firm commitment and carry a financial obligation. Financial aid is available in the form of a student loan, a need-based HBS scholarship, or a combination of both depending on your individual circumstances. The Add/Drop process at the start of the term is the mechanism for any IFC enrollment changes, and, after that point, the course fee is non-refundable. Refer to the GEO website for full details on IFCs and be sure you understand the Course Policies and Course Fee & Financial Aid. Visit IFC Financial Aid for a quick assessment to determine your eligibility and process or contact finaid@hbs.edu for more information.

Enrollment Capacity: Limited to 45 MBA students (due to the nature of IFCs, auditing is not permitted)

Note: This course overlaps with SIPs, and therefore students will be unable to attend both.

IFC Israel will allow students to explore the Israeli startup ecosystem. Israel has the highest number of startups, venture capital, and patents per capita and over the last 30 years has grown to an exciting innovation and startup community. Students will be asked to work on a go-to-market project with an Israel venture capital-backed startup. The projects will provide an opportunity to integrate learning across a number of areas including finance, general management, technology, marketing, and leadership.

Additionally, working with Israeli companies will provide deep insights into factors in a non-US market that promote innovation ecosystems. Most startups will be Series B or Series C and have developed a product or service. The companies will be across a variety of sectors including cybersecurity, big data, life sciences, consumer products, and social enterprise. Students will rank projects and be assigned to teams in early September 2023. Project work will be remote in the Fall. Students will then spend approximately two weeks in January in Israel working on site with the companies. We will also have an opportunity to tour the major cultural and business center of Tel Aviv, explore the historical sites of Jerusalem, and travel south to the Dead Sea and Masada.

Students will work remotely on the projects in the fall and on the ground in Israel in January during the immersion. The expectation is that field work will be part of the course requirement during the fall semester. Deliverables include a final presentation to senior management on recommendations from the project as well as a five to ten page reflection paper on the experience in the IFC.

This will be the sixth year that Professors Gompers and Ruback have taught the Israel IFC.

Course Credit and Fees

Students will receive 3 credits upon successful completion of this course.

HBS will provide logistical support for the immersion (including accommodations, select meals, and local travel arrangements). Students will be charged a course fee towards defraying a portion of these costs. Students are responsible for booking and paying for their own round-trip air travel and any costs associated with required visa documentation and immunizations. Students should ensure adequate processing time for all visas, as travel fees are not refundable if a student does not secure visas on time.

For detailed information about what the course program fee includes and excludes, as well as information about student accommodations, please visit the GEO website or email geo@hbs.edu.

Financial aid is available in the form of a student loan, a need-based HBS Scholarship, or a combination of both depending on the student’s individual circumstances. Please review the quick self-Assessment tips to determine your eligibility. Contact finaid@hbs.edu for more information.

This course overlaps with SIPs, and therefore students will be unable to attend both.

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