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Dr. Zvika Afik

Zvika’s current research interests include credit risk, financial derivatives, risk management and hedging. Prior to joining BGU Zvika has gained diverse experience in the technology industry, mainly in electro-optics and software, including: business management (VP Marketing, Managing Director, CEO, and middle management positions); business development, team building and leadership in Israel and North America; technology project management, system engineering, hands-on engineering, and consulting. Zvika teaches a variety of courses in finance at the MBA program. These include: Options and Futures, Financial Engineering, Risk Management, and Investment Committee courses. Zvika holds a BSc and an MSc in Electrical Engineering from the Technion - Israel Institute of Technology (1979) and Tel Aviv University (1989), an MBA (Executive Program) from Concordia University in Montreal (1996), and a PhD in Finance from Tel Aviv University (2009).

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Eyal Carmel

Eyal Carmel is a PhD student in the Psychology Department at the Ben-Gurion University of the Negev. Eyal holds a master’s degree in Social Psychology from BGU; he serves as academic coordinator of The Pensions, Insurance, and Financial Literacy Research Center, responsible for the ongoing activity occurring in the center.

As part of his doctoral dissertation, Eyal is studying how personal traits, such as financial literacy and psychological factors, influence financial capability. For his dissertation, Eyal has been granted a study scholarship from the Ministry of Science and Technology and the Financial Literacy Department in the Ministry of Finance.

Eyal teaches introductory courses in psychology and cognitive psychology. In addition, Eyal gives workshops in financial management for youngsters in the non-profit organization Paamonim

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Prof. Ilanit Gavious

Prof. Ilanit Gavious is an Associate Professor of Accounting and Finance at the Guilford Glazer Faculty of Business and Management, Ben-Gurion University. She serves as the Head of innovation, entrepreneurship and high-tech management specialties in the MBA program at Ben Gurion University. She is also a Certified Public Accountant (1996).

Her professional occupations include academic research, advising and providing expert opinions, teaching, academic management of instructional programs, membership in academic committees as well as a variety of other academic activities. Her research interests are focused on three core issues:(1) Firm valuation and the valuation of intangibles (e.g., human capital); (2) Earnings management and accounting frauds in various settings (e.g., prior to bankruptcy and reorganization plans; in tax reporting versus financial reporting); (3) The evolution of financial disclosure and accounting recognition in firms’ financial statements. Her work has been published in leading academic journals of finance and accounting. Recently, she won the Toronto Prize for Research Excellence (2011). In addition, she was appointed by the Minister of Finance to serve as a member of the plenum of the Israel Securities Authority

In the past, Dr. Gavious served as Senior Accountant in a Big-4 accounting firm (Deloitte & Touche) and in a leading commercial bank in Israel (Bank Hapoalim). As a Lieutenant in the Israeli army, she held an academic position as an economist in the Ministry of Defense.

Dr. Gavious has a B.A. degree from The Hebrew University in Jerusalem in Economics (cum laude) and Accounting (1991) and Master's (cum laude) (2002) and PhD degrees (2005) in Finance both from Ben-Gurion University. For her post-doc, she was a visiting scholar at Rotman School of Management, University of Toronto, Canada.

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Prof. Tuvia Horev

Prof. Tuvia Horev's career is characterized by a combination of senior positions in management and national-policy planning in the healthcare system, and academic and research activities. He served for 12 years as the Head of the Insurance-Sector as well as a senior advisor to the General Manager of an HMO. Later he served as Deputy-Director General for Health Economics and Insurance in the Ministry of Health (MOH) and then as a Senior Deputy Director General for Strategic and Economic Planning at the MOH. Since 2014 Horev is an Associate Professor in the Department of Health Systems Management at the Guilford Glazer Faculty of Business & Management, and the Faculty of Health sciences, in Ben-Gurion University of the Negev. He teaches core courses such as the ‘Israel’s Healthcare System’ and ‘Health Systems’-Policy'. His interests include health system reforms, health insurance, long-term care insurance, and workforce planning in health services.

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Prof. Haim Kedar-Levy

Dr. Kedar-Levy serves as consultant for financial institutions, as committee member of the Israeli Council for Higher Education, adjunct lecturer at the Hebrew University and Ono Academic College. In the past he served as Board member and member of the investment committee of a large retirement fund, as consultant to the Israeli Chief Scientist, and Director of the Honors MBA Program at BGU, among other business and academic activities.

His Ph.D. dissertation studied stability properties of the stock market, commonly known as “bubbles”. His research agenda involves the theoretical and empirical study of financial bubbles, and financial market anomalies. Being involved with high-technology management between 1987 and 2002 as analyst, CEO, and Director, some of his research and teaching interests concerned entrepreneurship in high-tech, and primarily with respect to risk appetite of entrepreneurs.

His articles are published in high-ranked journals, and presented in prestigious conferences of the Econometric Society, the Society for Financial Studies, the Strategic Management Society, and FMA. He serves as referee for the American Economic Review, the Journal of Economic Dynamics and Control, the Journal of Economics and Business, the Journal of International Money and Finance, among others.

Dr. Yair Kochav

Yair Kochav holds a Ph.D. from the Department of Economics at the Ben-Gurion University of The Negev. Yair has an MA in Economics in a direct route for excellence and a B.Sc. in economics and business administration, both from the Ben-Gurion University.

As part of his doctoral dissertation, Yair investigated the possible emergance of a “Dutch disease” due to the high-tech sector in Israel, and looked for possible solution unsing pension savings as a government-backed risk insurance. Yair also studied the relationship between the composition of education in the labor force and macro-economic growth.

Yair has worked in the Finance Ministry in several positions and served as a director of the local government debt. In recent years, Yair holds a senior position in a leading insurance company that manages pension and provident funds

Dr. Yarron Lahav

Dr. Yarron Lahav is a finance lecturer in the Department of Business Administration at Ben-Gurion University of the Negev. His research is mainly based on behavioral and experimental finance, expectations formation, and decision making. In addition, Yaron also specializes in transfer prices. Yaron has a PhD in Economics from Emory University in the USA and a B.Sc.(Agr.) in Agricultural Economics and Management from the Faculty of Agriculture at the Hebrew University of Jerusalem.

Yaron teaches and has taught various Finance courses in Israel and overseas, including Basics of Finance, Corporate Finance, Behavioral Finance, and Public Finance. He has been a visiting lecturer at several universities around the US, including the University of Michigan, Brandeis University, and the American University. Yaron worked as a senior consultant at Deloitte Tax LLP in its central offices in Washington DC, in Deloitte Brightman, Zohar, Almagor in Tel Aviv, as well as consultant to the Urban Institute, an American research institute. Prior to that Yaron worked as financial officer at Israel Aerospace Industries Ltd. and as an economist in an agricultural technological startup company

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Dr. Ravit Rubinshtein‏-Levy

Ravit completed her PhD at Ben Gurion University of the Negev. Ravit teaches a variety of courses in finance and her dissertation subject was: “Improving Pension Savings for Unorganized Employees and Pension Decision Making of the Individual”. Her research suggests to inforce mandatory pension, while reducing management fees for unorganized employees through the pooling of pension funds. Based on extensive experiments carried out in the study, the study suggests a way to make the management of pension savings of all employees proactive and effective.

Dr. Tomer Shushi

Dr. Tomer Shushi is a lecturer in the Department of Business Administration, Guilford Glazer Faculty of Business and Management, Ben-Gurion University of the Negev, Beer-Sheva, Israel. Tomer's research focuses on risk management and risk measurement, actuarial science, uncertainty, and finance. In his research, Tomer investigates and develops quantitative models for financial and actuarial risks, systemic risks that allow analyzing systems of mutually dependent risks, and extreme events. He also investigates loss distributions and their characteristics, optimal portfolio allocation and modern portfolio theory. Tomer has a B.A degree in the multidisciplinary program in Economics and Computer Science from Bar-Ilan University, Israel (2011) which he finished with honors. He received his M.A. degree in Statistics (2015) with Dean award for academic excellence and a Ph.D. (2016) both from the University of Haifa, Israel.

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Dr. Rita Troitsky

Rita Troitsky is a doctor of Economics and a faculty member in the Shamoon College of Industrial Engineering. Rita completed her PhD at Ben-Gurion University of the Negev. Her dissertation subject was “Government Intervention in Pension Saving”, where she examined the financial traits of those receiving pensions in general and those who continue working after retirement age, in particular. In addition, her study included a theoretical analysis of optimal ways of intervention on the issue of pension savings, investigating the capabilities of various interventions affecting the standard of living of retirees. Her studies include an examination of the implications of a pension extension order on the life of retirees in Israel.

Rita’s current study focuses on behavior analysis of the over-55 population, based on the SHARE survey data, in order to characterize the needs and characteristics of the population approaching retirement age

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Dr. Aviad​ Tur-Sinai

Dr. Aviad Tur-Sinai is a researcher in economics who specializes in the study of healthcare systems, welfare economics and public policy, labor economics, and the elder population. Dr. Tur-Sinai completed doctoral studies at Tel Aviv University and then did post-doctoral research at the Israel Gerontological Data Center (the Paul Baerwald School of Social Work and Social Welfare, the Hebrew University of Jerusalem), an additional post-doctoral fellowship at the University of Rochester Medical Center School of Nursing in New York, and a research fellowship at the University of Hohenheim in Stuttgart, Germany.​

Dr. Tur-Sinai has focused his research on two main fields in recent years. The first is public policy relating to health economics. The second concerns economic reference to the elder population, in which he dealt with a wide variety of aspects such as the structure of employment in advanced age and governmental and public responsibility relating to early retirement from the labor force.

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