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Minimum to open is $10,000. Annual percentage yields are effective 8/4/95 and are subject to change without notice.
Interest is tiered based on balance as follows: $25,000 and more at 5.0% APY, $10,000-$24,999 at 3.5% APY and
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Jerusalem — The joint Boston
University/Ben- Gurion Univer-
sity master of science in man-
agement program marked its
10-year anniversary by attack-
ing government policy.
Although program chairman
and founder Lawrence Daugh-
erty said BU has built up a
"close, cooperative, interactive
relationship with Ben-Gurion
University," he added that
changes are taking place in the
country's education marketplace
that put the program at a disad-
vantage.
Mr. Daugherty encouraged
other non-Israeli institutions to
establish schools in Israel. "This
is called competition, and we find
ourselves in a developing com-
petitive market. (But) Israel has
severe rules (restricting) compe-
tition. This is not a free market,"
he emphasized.
Several other U.S.- and Unit-
ed Kingdom-based institutions
have applied to the council for
higher education for authoriza-
tion of their MBA programs,
which would be based in Israel's
central region. BU also wants to
expand its program to Tel Aviv,
but has been refused due to a pol-
icy which dictates that universi-
ties must operate only within
their geographic region, "al-
though there have been excep-
tions to this rule," Mr. Daugherty
said.
The two schools have renewed
their program for another 10
years, Mr. Daugherty added.
Telrad Signs
Burma Contract
Jerusalem — Tetrad Telecom-
munications has signed a $9 mil-
lion contract with the
government of Myanmar — com-
monly known as Burma — to
provide and install digital switch-
board systems.
Over the past 11 years, Tetrad
has installed 15 public switch-
board systems worldwide as part
of a World Bank project.
Tetrad will supply Myanmar
with TD/IX 100 and TMX 10 dig-
ital telephone switchboards, pow-
er supplies (in the form of
generators, dry cell batteries, and
AC-DC rectifiers), monitoring
systems, and local training.
CEO Bezalel Levin said the
installation would increase the
number of Myanrnar's digital
phone lines by 45 percent.
Mr. Levin added that the firm
is negotiating with Myanmar's
Telecommunications Ministry to
provide an FDMA cell-radio
communications network and an
ISDN data telecommunications
network based on its switching
systems.
(