Hebrew University of Jerusalem AND Jerusalem Institute’s Milken Innovation Center
Professor Glenn Yago
Professor Moshe Coll
The MSc-DP program hopes to commence January 2018. It will be a two-year program that offers students the financial, economic and environmental toolkit to become effective leaders in development practice and project management in developing economies. The program will initially offer two tracks: Environmental Economics and Management, and Environment and Agriculture. The program hopes to add a track in Global Health Challenges in the future. In all tracks, students will complete pre-training, 26 core credits, 9 elective credits, skills training, a research practicum, a summer project in Israel or students’ home countries, and the development and execution of a project implementation plan and field internship.
The MSc-DP program will be offered jointly between the Robert H. Smith Faculty of Agriculture, Food and Environment of the Hebrew University of Jerusalem and the Jerusalem Institute’s Milken Innovation Center. There will also be additional coursework available from the Hebrew University of Jerusalem Graduate School of Business Administration and Social Science Faculty. The Hebrew University of Jerusalem was ranked the 23rd top University globally and the top University in Israel in 2015 by World University Rankings. The Smith Faculty of Agriculture is a leader in agricultural and environmental research, as well as climate-change focused management education. The Milken Innovation Center focuses on developing market-based solutions to Israel’s greatest challenges as it transitions from a startup nation to a global nation, and develops solution sets that other start-up nations can replicate. The Center’s goal is to accelerate sustainable economic growth through innovative finance that builds human, social, and natural capital, and cements Israel’s role as a pioneer in developing new technologies that address global challenges in water, food, education, health, and energy.
The Environmental Economics and Management track of the MSc-DP program gives students strong training in agricultural, development, innovative finance and environmental economics, econometrics, and marketing. The Environment and Agriculture track equips students with robust knowledge of environmental economics, public health, water planning, integrated pest and weed management, and agricultural biotechnology. The program hopes to attract students from neighboring countries in the region, Africa, Asia, Latin America, Europe, and North America, with particular interest in recruitment from Sub-Saharan Africa, India, Eastern Mediterranean/Middle East and Central Asia.
Aside from core and elective coursework, 1st year MSc-DP students will participate in monthly half-day problem solving and skill development workshops with hands-on training economic and financial analysis for project development, presentational skills, specific research methodologies or key professional speakers who focus on innovative finance in sustainable development. Over the summer, students will create an implementable project in Israel or their home country in their target area of development practice (food/agriculture, energy, water, and health). This summer project will feed into students’ 2nd year project implementation plan (PIP) and field training intern Fellowship (FTI). In their 2nd year, students will spend 1 day per week in an applied research seminar. The other 4 days per week, students will spend on their PIP and FTI, with internship placements at a government ministry or authority, start-up or technology firm, a social enterprise or non-governmental organization, or a related research and development institute. The PIP report will include a full planning and project/business implementation plan including a financial model and capital structure for its funding in the home country to which the student will return. Working teams in each target area from government, industry, and academia will actually deploy practical, scalable, and sustainable solutions.