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  • KUBS 2019 MBA Admission Open (By Oct 26)
    KUBS 2019 MBA Admission Open
2019 KUBS Part-time MBA Admissions Open
2019 KUBS Part-time MBA Admissions Open Korea University Graduate School of Business (Dean Soo Young Kwon) is now accepting applications for 2019 part-time MBA. Admission is open for 3 part-time programs: △Korea MBA △Finance MBA △Executive MBA. An online application is available from September 27 (Thu), and closes on 5pm, October 26 (Fri).    KUBS holds an information session for applicants on September 18 (Tue). Held from 7:30 pm, the information session will go through an overview of the Graduate School of Business and its programs. Participants will also be able to ask questions in the Q&A session. The information session will end with a campus tour.   ▶ Click here to apply for the information session!   KUBS’s widely renowned program, Korea MBA, is a part-time two-year program. The classes are held after working hours. The maximum number of students is 190 each year, who are admitted after a thorough screening process. Korea MBA at KUBS provides an intensive curriculum on eight academic areas: Human Resources/Organizational Behavior, International Business, Accounting, Marketing, LSOM, MIS, International Business, and Strategy. Korea MBA also offers a range of unique student networking events. (Inquiries: 02-3290-1360/5365)   KUBS’s executive MBA is designed for executive managers with a minimum of 10 years’ experience. Executive MBA is a two-year weekend program taught on Fridays and Saturdays. The program provides exclusive educational environment including lecture rooms and a student lounge that are exclusively accessible for executive MBA students. Two program director professors and a program manager will support students on the overall enrollment and registration procedure. KUBS’s executive MBA is one of the best executive MBA programs in the world. In fact, the program ranked 20th globally in “The 2017 Executive MBA Ranking” released by Financial Times. The maximum number of students is 55. (Inquiries: 02-3290-2705)   Finance MBA is a two-year part-time program which provides knowledge and skills specialized in finance. The curriculum can be divided as two parts, of which theoretical courses are taught by program directors, and practical courses are distinctively organized by experts in the field of asset management, financial engineering, and insurance. In addition, students will be able to learn most updated knowledge and skills by its information technology sessions on Python & R programming, and big data & machine learning. The maximum number of students is 35. (Inquiries: 02-3290-1308)   The final admission outcome of Korea MBA and Finance MBA will be released on 7th of December (Fri) at 3 pm. The admission result of executive MBA will be out on November 16th (Fri) at 11 am.    
Oct 26, 2018
Korea University’s E-MBA Ranked 38th in the World by Financial Times, Top in Korea for Eighth Consecutive Years
  Korea University’s E-MBA Ranked 38th in the World by Financial Times Top in Korea for Eighth Consecutive Years   Executive MBA Ranking 2018 by the Financial Times, Top 100 E-MBAs KU’s higher rank than △Columbia Business School (40th) △Cornell University (52nd) In World’s Top 100 Executive MBA Rankings by the Financial Times, E-MBA at Korea University Graduate School of Business (Dean Soo Young Kwon) placed the top in Korea. It was the top rank for the eighth consecutive years, demonstrating the excellence of practice-based curriculum at E-MBA at Korea University Graduate School of Business.   It is a way higher rank than that of renowned business schools such as △Columbia Business School, 40th △UCLA: Anderson, 49th △Cornell University: Johnson, 52nd △Rice University: Jones, 79th. The top place in the world went to E-MBA jointly operated by Kellogg & HKUST Business Schools. In South Korea, E-MBA at Yonsei University placed 51st, which was the second rank followed by Korea University.   Each year, the FT Ranking determines top 100 universities in the world based on the rate of salary increase and career progress, the proportion of doctorates among faculty, and international index. This year Korea University’s E-MBA received high scores on △salary increase rate △career progress as well as △faculty with doctorates.   This is a remarkable outcome given its rank by a single MBA program run by a single institution. In fact, the majority of E-MBA programs in the Asian region are operated jointly by more than two institutions, while Korea University’s E-MBA is conducted independently. In addition, in the comprehensive ranking of last three years, Korea University’s E-MBA ranked 27th in the world, top in Korea (24th in 2016, 20th in 2017, 38th in 2018). It is an outstanding result, followed by world renowned institutions △Kellogg/WHU Beisheim (26th) and △IMD (26th).   One and Only World Class MBA, Executive MBA at Korea University Executive MBA at Korea University was established in 2003. It was the very first E-MBA program commenced in Korea, targeting creative global CEO. Eligible candidates are senior managers and executives with a minimum of 10 years’ experience. This two-years weekend MBA program is taught by faculty who are committed to excellence in teaching. The candidates will be learning at lecture rooms and lounge reserved only for E-MBA candidates. In addition, E-MBA program manager provides assistance to guarantee the best learning experience.  
Oct 25, 2018
Korea University Top Ranked in Korea, 82nd in the World - ‘2018 KUBS World Business Research Ranking’
Korea University Top Ranked in Korea, 82nd in the World  ‘2018 KUBS World Business Research Ranking’ Based on 40 thousand publications by 86 business journals 1st place University of Pennsylvania, followed by Erasmus University Rotterdam, the University of Michigan at Ann Arbor Korea University top ranked in Korea, 82nd in the world- only university placed in the top hundred Korea University Business School (Dean Soo Young Kwon) reaffirms its reputation this year. In the KUBS Worldwide Business Research Ranking™ (‘KUBS Ranking’), Korea University ranked the 82nd among the top universities in the world. KU is the only institution in Korea that has been placed in the top 100 universities. Since the commencement of the KUBS Ranking in 2015, Korea University placed the top in Korea for the fourth consecutive year, demonstrating its excellence.   The top place in the world went to the University of Pennsylvania, the U.S. for the second year. Erasmus University Rotterdam, Netherlands and the University of Michigan at Ann Arbor, the U.S., ranked as the second and third best universities respectively in the world, as they did last year. The National University of Singapore placed as the fourth, which was the top placed university in the Asian region. City University of Hong Kong (8th) and the Hong Kong Polytechnic University (17th) were the other two institutions in Asia that were ranked in the world's top twenties. Among universities in South Korea, Korea University achieved a remarkable ranking (82nd), far outstripping △KAIST (108th) △Seoul National University (176th) and △Yonsei University (220th). Korea University is the only university that has been placed in the top hundred tertiary education institutions in the world, 10th in Asia.   Rank Name of School Country 1 University of Pennsylvania USA 2 Erasmus University Rotterdam NLD 3 University of Michigan at Ann Arbor USA 4 National University of Singapore SGP 8 City University of Hong Kong HKG 17 Hong Kong Polytechnic University HKG 82 Korea University KOR 108 Korea Advanced Institute of Science & Technology KOR 176 Seoul National University KOR 220 Yonsei University KOR 300 EDHEC Business School FRA Released every Fall, ‘KUBS World Business Research Ranking’ assesses research performance of business schools in the world, based on 40 thousand publications by 86 business journals. The institutions are ranked in the order of its comprehensive index, which involves worldwide rankings, rankings by academic area, rankings by journals. KUBS Ranking assesses seven academic areas in business including △Accounting △Finance △Management △Management Information Systems △Marketing △Operations Management & Management Science (OM/MS) △International Business (IB) & Strategy. This year, the Ranking of 300 universities was released based on publications during the five years from 2013 to 2017, with a comprehensive score reflecting the number of authors and the institutions.   Whereas the UTD Business School Research Rankings™ adopts the weighted value on 24 American journals, KUBS Ranking evaluates the world’s business schools without adopting weighted value by region, through which unbiased assessment is possible.   Dean Soo Young Kwon commented that “KUBS Ranking has become one of the most reliable rankings by adopting cumulative database of renowned business journals.” “I expect KUBS Ranking will be widely recognized as a reliable indicator that reflects academic performance of top business schools across the world.”   More details of KUBS World Business Research Ranking can be found at kubsranking.korea.ac.kr  
Oct 25, 2018
Dean Soo Young Kwon Attended the 7th International Business School Shanghai Conference (IBSSC)
Dean Soo Young Kwon Attended the 7th International Business School Shanghai Conference (IBSSC)  Best business school conference held by Shanghai Jiao Tong University       Dean Soo Young Kwon attended the 7th International Business School Shanghai Conference (IBSSC) on October 22nd and 23rd.   The 7th IBSSC is one of the best business school conferences which was held by Shanghai Jiao Tong University, celebrating its 100th year of establishment. A total of 250 participants were invited to the conference, including deans from renowned business schools and institutions, CEOs at globally renowned corporates and policy-making authorities. The main theme of the conference was to discuss the role and impact of business schools in academia, businesses and the society, given the business schools’ large influence on the global society.   At the IBSSC, Dean Kwon had a presentation on <The Corporate Impact of Research in Business> where he pointed out that despite their achievements, there are limitations on the researches at business schools and to be able to contribute to thoroughly understand the corporate structure, culture and individuals’ behavior. Therefore, Dean Kwon argued that business schools must facilitate joint researches with firms, reconsider the protocol of reward for professors’ academic performance, and hold academic forums that reflect the business practice in order to have a greater impact on business and the society. Furthermore, he suggested the academic staffs including professors and researchers to be familiar with the business practice, because of the nature of the business studies that highly demand practical knowledge. Dean Kwon concluded the presentation by encouraging professors at business schools for their further contributions so that business schools have a positive impact on business.   Dean Soo Young Kwon, on his presentation at IBSSC  
Oct 24, 2018
Fall 2018 KUBS Scholarship Award Ceremony
Fall 2018 KUBS Scholarship Award Ceremony …A Total of 38 KUBS Scholarships to 170 Students  On October 19th, the Business School had the Fall 2018 Scholarship Award Ceremony at Ahn Young Il Hall, LG-POSCO Building. Scholarship donors and holders of a total of 130 KUBS students participated in the ceremony. The list of scholarship donors who attended the ceremony was as follows: CEO of Musical House GoMaWo Korea Moon-Yong Lee; President of Namchon Foundation Chul-Ki Choi; Vice Chairman of Small Lock Investment Deok-Hee Cho; Chief Vice President of KUBS Alumni Association Ja-Hyeong Koo and Executive Secretary Sung-Ho Oh; Executive Vice President of HR Department at Hyundai Motor Group Won-Jin Kim; Senior Vice President of KCC Corporation Jong-Kyoon Yoo and HR Executive Manager Han-Seung Nam; Jin-Hyung Jang from Geun Chang Kim Scholarship Foundation; Secretary General of KUBS MBA Alumni Association Jung-Kwon Kim and Executive Secretary Hyo-Jong Ahn; Head of Advisory at KPMG Korea Goo, Seung Hoe and Partner at KPMG Kong, Young Chil; and CEO of Darwin Technology & Finance Yong-Dong Yeo.        After a brief introduction of the guests, Dean Soo Young Kwon commenced the Ceremony by his welcoming remark. Dean Kwon said “Thank you all for your contribution and attendance to the ceremony. And I would also like to thank the students who are here today, during the mid-term exam period.” Dean Kwon continued, “I believe this is an exceptionally largest number of scholarships available to students from a single faculty. Thank you again for making such thoughtful and valuable contributions to junior students at KUBS.”      Then the ceremony was followed by the awards of scholarship certificates to the holders. A total of 38 types of scholarships were granted to KUBS students this semester, including △KUBS Dream Scholarship (60 holders) △Future Scholarship (30) △Namchon Scholarship (13) △Soam Scholarship (12) △Yangyeong Foundation Scholarship (8) △Geun Chang Kim Foundation Scholarship (7) △AMP Alumni Association Scholarship (6) △MnJ Foundation Scholarship (4) △Geum Cheon Scholarship (4) △Chang, Jyh-ping Scholarship (4) △Scholarship by the 85th AMP (4) △Kowon Simwoo Foundation Scholarship (3). Scholarship holders were a total of 170 students inclusive of duplicated grants.      (From left) Senior Vice President of KCC Corporation Jong-Kyoon Yoo, Secretary General of KUBS MBA Alumni Association Jung-Kwon Kim   The scholarship donors and holders then had a banquet, with a chance to talk to each other. After the banquet, the donors made speeches, and a student had a thank-you speech on behalf of all scholarship holders. On his remark, Senior Vice President of KCC Corporation Jong-Kyoon Yoo said, “I am only doing what my seniors did for us. I hope all students here today to be leaders who influence the society.” Secretary General of KUBS MBA Alumni Association Jung-Kwon Kim also said, “I hope the meaningful contributions continue to the next generation at KUBS. Students here today will also be able to set a good example to your junior students.”      (On the left) Head of Advisory at KPMG Korea Goo, Seung Hoe   In addition, Head of Advisory at KPMG Korea Goo, Seung Hoe said, “I am very happy to be part of this contribution since last year, and to meet my junior KUBS students. At the same time, it is very rewarding for me as well. I hope you remember the spirit as KUBS students, even after your graduation.”   Scholarship holder, Myung-Koo Kang (Business’11) on his thank-you speech   In response to the donors’ speech, Myung-Koo Kang (Business’11) thanked the guests on behalf of all scholarship beneficiaries, “The scholarship means a lot to me. It enabled me to plan my future, and it makes me resilient not to give up.” Heartfelt thank you for your priceless supports. I will not forget today and I promise I will support junior KUBS students, as you did for me.” The ceremony closed with a photo shoot afterward.   This semester, Korea University Business School provided scholarships of a total of 400 million won contributed by 38 types of scholarships. More than half of the enrolled students (53.2%) are under scholarship including duplicate grants from the university and the government.  
Oct 23, 2018
KUBS Startup Institute MOU with Center for Law & Creativity at School of Law
KUBS Startup Institute MOU with Center for Law & Creativity at School of Law On October 16th (Tue), the Startup Institute at Korea University Business School (Dean Soo Young Kwon) signed the MOU with the Center for Law & Creativity (Director Myoung Soon-Koo) at Korea University School of Law.   Established in September 2016, KUBS Startup Institute now has a total of 38 resident startup teams which consist of 250 members. Last August, the institute underwent business valuation where its estimated worth was 23.2 billion won. It is an exceptional valuation given that the majority of students at startups are from science or engineering major, unlike the majority of business administration major students at KUBS Startup Institute.   Another remarkable fact about KUBS Startup Institute is that it was founded by private financial supports. The donations of 2 billion and 1.5 billion won respectively by Sang Il Lee, Chairman of Iljin Group and Myung-Ho Seung, Chairman of Dongwha Group made it possible to establish KUBS Startup Institute. In addition to that, further donations from alumni led to more than 10-billion-won fund for the institute. Moreover, entry is open to anyone who is interested in a startup business; it is not restricted to KU students, as long as a team has at least one KUBS student. That openness brought synergy to the teams.     The Center for Law & Creativity is located in Seocho-dong, which is an area that law offices are densely populated. The center is established by the School of Law to provide support for lawyers who start a law firm. The center had an opening ceremony on October 2nd (Tue) at Yoo-Joong Building, Bangbae-dong, Seocho-gu. Entry into the Center for Law & Creativity is open to teams of three to six lawyers, as long as at least one member graduated from Korea University School of Law. All members must be certified lawyers. The center provides office space to the admitted teams, offering a range of assistance for two years to encourage the teams to be venture law firms.   Celebrating the establishment of the center, KUBS Startup Institute signed the MOU to share their two years’ experience and tips to the Center for Law & Creativity. Both agreed to provide consultations and exchange professional knowledge through joint researches and academic conferences.  
Oct 22, 2018
[GMBA Career Story] “G-MBA Program’s Wealth of Practical Knowledge Has Been a Great Asset for Me” (Sang-Bae Lee, GMBA 12TH)
[GMBA Career Story] “G-MBA Program’s Wealth of Practical Knowledge Has Been a Great Asset for Me” (Sang-Bae Lee, GMBA 12TH)   Sang-Bae Lee, G-MBA 12th, PwC Korea   1. Please introduce yourself. Hello, I am Sang-Bae Lee, who have graduated from Global MBA (G-MBA) program at Korea University in August 2018. I spent a year as a member of the student council during the program. I am currently working in the M&A Advisory department at Samil PwC Korea. 2. What did you do before you got into MBA program? I went to Canada in the first year of junior high school and graduated from high school and university in the United States. At Boston University, I majored in International Relations and minored in Business Administration. During my studies at Boston University, I got involved with many clubs, organizations, and activities and even founded the first Korean Start-up club called (B.U.K.E). Before returning to school after discharge from the army, I participated in a consulting project for small businesses overseas expansion and learned in strategy consulting. Also, I gained smart building related knowledge and experience while working at a company in which the graduate school classmate started.   3. Why did you choose Global MBA at Korea University? Since my major is international relations and minor is business administration, I thought to myself that I relatively lacked business related knowledge than business majors. My interest in domestic business consulting and start-up business led me to go to MBA in order to deepen my practical knowledge of business management. Furthermore, one of the reasons I chose the G-MBA is the English language curriculum which is familiar to me. I think it is a great advantage for me to be able to cultivate global capabilities by interacting with foreign friends with various background due to the nature of CEMS program. 4. Please tell us the curriculum of the Global MBA that contributes the best to your current career The M&A Advisory department where I am currently working offers strategic financial advisory services for clients for both domestic and international mergers and acquisitions. The impact of the corporate strategy class taught by professor Jungbien Moon was significant in applying for M&A advisory, which is a little different from the strategy consulting I had experienced in the past. The impact of the Corporate Strategy class led by Professor Jungbien Moon was significant in supporting M & A advisory, which is a little different from the strategy consulting I had experienced in the past. Previously, I did not know much about M&A. However, I learned a lot about it while analyzing various management cases in class and carrying out various team projects. As a result, I became more interested in M&A consulting and I applied for Samil PwC Korea. Since I did have a relatively lack of knowledge about accounting and finance, accounting class from Professor Yong Keun Yoo and Professor Seung-Weon Yoo and finance class from Professor Chung, Ji-Woong were very helpful. The courses related to IT industry taught by Professor Se-Joon Hong and Professor Dongwon Lee, was also fascinating to me because I was interested in IT industry. I think that G-MBA classes that cover a wide range of fields have helped me to lead me where I am and who I am now. 5. What is the most helpful coaching you did get from Career Hub? As a previous member of the student council who was responsible for the communication between Career Hub and G-MBA students, the Career Hub was a big part of my graduate school life. Getting counseling from Career Hub allowed me to gain more information about the recruitment and introduced me MBA graduates who are currently working at certain companies. Thanks to the Career Hub, I was able to increase my understanding of the overall recruiting process and the companies. In particular, I could create much cleaner and eye-catching English and Korean resume through resume review program, called Resume Clinic Program. 6. Is there something you personally did to improve your career development while going to Global MBA? First of all, I made great efforts to build good credits. Often there are misconceptions among students that companies do not pay much attention to MBA credits. However, if you consider the fact that the level of highest qualification and its credits are the first things to be exposed on the resume, I think it is highly important to take care of your credits. I also read the Korean editorials issued by each newspaper every day because I could easily get a misunderstanding that I lacked the capability to fully comprehend and write the Korean report since I have been studying abroad for a long time. Those efforts are very helpful when I write and understand the industry analysis report at my current work. 7.  Please provide advice for job seekers, as well college juniors seeking to pursue a career path in M&A Advisory I think that M&A Consulting is a broad field. Since you do not know which companies would ask for an advice, you must always be alert to current trends in various industries. I highly recommend reading newspaper articles and editorials on a daily basis in order to be able to identify current trends. In addition, you will have a heavy workload with papers. It would be great for you to get a certificate of MS Office to get yourself familiarized with the program and increase proficiency if you have time on your side. Most importantly, I suggest you think thoroughly about what you really want to do first and then prepare yourself to get the job. I can confidently say that you can make it with the help from Career Hub.    
Nov 06, 2018
[Interview with a Civil Service Entrance Examination Successful Candidate] Passed Within a Year of Exam Preparation - Kyung-Bae Lee (Business ‘13)
[Interview with a Civil Service Entrance Examination Successful Candidate] Passed Within a Year of Exam Preparation - Kyung-Bae Lee (Business ‘13)   Q. Please introduce yourself. Hello, I am Kyung-Bae Lee from Business Administration entering class of 2013. I passed the 2018 5th ranking Civil Service Entrance Examination, finance and economy division. I am currently taking a leave of absence and will return in the spring semester of 2019. Q. What made you prepare for the Civil Service Entrance Examination? I was thinking of a career that I can contribute to society and improve my skills at the same time. I saw the Public Service Fair posted on the SNS and that’s when I made up my mind to prepare for the exam. In fact, I had a lot of concerns during the exam preparation. I was worried that even if I passed the exam, I don’t know which department I will be assigned to. But after a consultation with Professor Soo Young Kwon, I was sure that it is what I would like to do. Professor Kwon advised me that if I passed the exam, I will involve in policymaking that can actually contribute to the society. He also told me that it will be a career that I can learn a lot.   Q. What is the secret of your successful result within a year? It’s not much of a secret, but I tried not to forget three things: learn as much as you can from lectures at the university, set up a specific action plan, and make a routine for studying. First of all, I tried to make the most of lectures at the university, that are relevant to the Civil Service Entrance Examination. From 2013 to 2017, I took 19 to 21 credits, and the results were pretty good especially in business economics, organizational behavior, management mathematics, international business, and introductory statistics. These courses were related to courses I took the exam on – public administration, economics, financial affairs, statistics. I strongly recommend take lectures at the university which will shorten the duration of your exam preparation.   Another thing that helped me a lot was to make a detailed plan. Most around me started the exam preparation way sooner than I did, which was a pressure for me. So I set up a detailed plan of ‘One-year master plan-monthly study plan-weekly study plan’. The one-year master plan includes the list of books I was supposed to read before the exam, and monthly study plan includes the list of lectures I must complete, followed by weekly study plan of what I should study each day. So every time I procrastinate, I checked how much I had done out of the things I was supposed to complete. That way I was able to motivate myself again. Moreover, making a routine of studying improved the efficiency of studying. I tried to stick to 8 to 10 studying at the library (8 AM to 10 PM). In fact, it was very challenging that often I had to study on Sundays as well. But I was able to make myself used to the studying routine on Sundays.   Q. Was there any activities or classes at the university that particularly helped your exam preparation? If you're hesitant to start the exam preparation, I strongly recommend going talk to your academic advisor. KUBS provides frequent social events with professors, so it is easy for you to reach them. Like I mentioned earlier, courses at KUBS such as business economics, organizational behavior, management mathematics, international business, and introductory statistics helped me a lot. In addition, I was able to build a basic accounting background by microeconomics and monetary finance. More importantly, exam preparation at ‘Takmajung’ at KUBS helped me tremendously. At Takmajung, we not only study together but we also share feedback on answers we wrote. It is a great way of studying because you get to learn from a broader perspective. We also shared useful exam information or tips, so that we can make better performance on the exam.   Q. What was the most challenging part of the exam preparation? It was the uncertainty of the exam result and pessimistic thoughts. For a while, I was pretty down. I was overwhelmed by exam preparation and I was in a bad mood. Whenever I got pessimistic, I called the day off early like 9 PM and took a rest for the next day. As regards other stress management, when I felt guilty after procrastinating for a long time (using mobile phone etc.) I went outside and met people to refresh myself. Q. Could you share your future plan? We haven't quite decided yet but I will definitely return to university next year for my final year at university. So in the meantime I would like to take classes and travel. After graduating from the university, I will then enter the training institute. I don’t know which department I will be working at, but my goal is to be a public official who improves welfare facilities in Korea.   Q. Could you give us last words of advice to KUBS students who study for Civil Service Entrance Examination? ‘Steadiness’ is the best weapon. Once I made up my mind to study for the exam, it was hard for me to go to the library, giving up the opportunity cost of it. But looking back, I was able to pass the exam because I tried to control myself to make a steady progress. I will enter the National Human Resources Development Institute in 2020, so I imagine I will study with some of the MY KUBS readers. Good luck to you, I look forward to seeing you there!      
Oct 12, 2018
Interview with the 86th Advanced Management Program (AMP) Admitted Candidates
Interview with the 86th Advanced Management Program (AMP) Admitted Candidates   Every Monday, Korean-Japanese Young-Ho Kim and Woo-Ja Choi (AMP ‘86) fly to Korea from Japan to attend AMP classes at KUBS. KUBS News met them for an interview on their extraordinary passion for learning.   Q. Could you please introduce yourselves? Hello. I am Young-Ho Kim, and I am Woo-Ja Choi. We are the second generation of Korean immigrants in Japan. We were both born in Fukuoka, Japan. We are running a real estate and food business ‘ZONE Inc.’. Q. How did you make up your mind to apply for AMP at KUBS? (Young-Ho Kim) I took over my father's business straight after I graduated from high school. I was busy with my work and missed a chance to study properly. Deep down I have always wanted to study and it has been one thing I found regretful in my life. And one day, I met Chairman Sang-Young Choi who is the president of KU Alumni Association in Japan and also the winner of ‘Proud KU Alumnus Award’. He recommended me to apply for AMP in Korea. So I did some research and I was fascinated by AMP’s teaching staffs who have noticeable academic achievement in addition to the professional experience. I suggested my wife study with me, and that’s how we both applied for the program. We know that flying from Japan every week is of course not easy, but we will do our best until the end of the program. Q. Is there anything in particular that you would like to learn from the program? I look forward to building a network with business leaders in Korea, especially in the internationally renowned learning environment with cutting-edge technology. I also look forward to corporate management and tax planning, in particular. In addition, the time in Korea will improve our Korean skills too. The cultural experience is another thing that we look forward to, so basically, we would like to experience Korea while studying at AMP.   The first AMP program in Korea, Korea University's AMP was established in 1976. With its 43 years of history, AMP is widely recognized for its professors and strong alumni network consists of 4,500 experts from diverse industries.    
Sep 10, 2018
KUBS Alumni’s Unique Donation Culture
KUBS Alumni’s Unique Donation Culture The Story of Endless Donation Relay, the Love for KUBS South Korea became the world's 12th highest country of GNI (Gross National Income), however, the nation is the 62nd country for WGI (World Giving Index). Though it has been a while since Korea became one of the countries that is capable of providing financial aid to developing nations, there has been concerns that more attention needs to be paid to the donation culture in Korea. Nonetheless, Korea University, KUBS in particular continues its unique tradition of donation by its alumni. The continuous love for KUBS lives on. KUBS has been running its own scholarship program supported by the alumni, which demonstrates the unique culture and strong network at KUBS. As a result, current KUBS students now have a wider access to scholarship opportunities than ever before. Each time KUBS holds a special ceremony to appreciate the contribution. In addition, on each classroom at LG-POSCO Building as well as on every single chair in the classrooms, names of the donators are indicated to commemorate their contributions. Moreover, the Department of Development and External Affairs, the department in charge of the fundraising for the entire university, releases externally the name of donator and the amount of contribution through the media including KU News for the major donations.   The Story of Endless Donation Relay, the Love for KUBS   KUBS students now have a wider access to scholarship opportunities than ever before. For the recent 2 years as of fall semester 2016, approximately a total of 3.1 billion KRW has been donated to source KUBS scholarship. The total number of scholarship beneficiaries during the last two years were 1,063, inclusive of the duplicated recipients. 100 million won from Alumni Association at KPMG Samjung accounting firm (President=Seung Yeol Yang, Business ‘83) A total of 230 KU alumni accountants at KPMG Samjung accounting firm raised funds for KUBS. They pledged to contribute 20 million won every year for 5 years, 100-million-won total. The funds will source to support future accountants. President Seung Yeol, Yang mentioned “We wish the students to study in a better educational environment and grow up as accountants who lead the society. We hope we would be able to make contributions to support the School’s further improvements.” 100 million won from Mong Jin, Jeong(Business ‘79), Chairman of KCC KUBS Alumnus Mong Jin, Jeong, contributed 100 million won, which will be a source of KCC Scholarship. Mong-Jin, Chung, CEO of KCC continues his contribution to KUBS through the scholarship through the MnJ Foundation. 50 million won from Sun Yong Lee (Business ‘80), CEO of Asian Star., Inc. Sun Yong Lee, CEO of Asian Star., Inc., contributed 50 million won for the development of KUBS. He said that he was honored to return the favor that he had received. 50 million won from the KUBS Entering Class of 1986 Association In celebration of their 25th admission anniversary, the Entering Class of 1986 Association fundraised the scholarship worth 360 million won to KUBS since the 31st KUBS Alumni Night held in 2011. They also delivered 50 million won this year for the development of KUBS. 20 million won from Changsoo Heo(Business ‘67), CEO of GS Group Alumnus Changsoo Heo, CEO of GS group made a constant contribution to KUBS since 2005 through ‘Namchon Scholarship’, as requested by Jun Koo, Heo, honorary chairman of GS Engineering & Construction. The total amount of Namchon Scholarship since its commencement has reached 323 million won, with the additional donation of 20 million won in 2017. 50 million won from Ms. Hwayoung Lee, daughter of professor Sanghoon Lee Ms. Hwayoung Lee, daughter of the very first KUBS Dean Sang Hoon Lee contributed 50 million won to finance further improvement of KUBS. At the ceremony, Ms. Lee said “It feels like yesterday the day when I hung around with my father at KUBS main building. I have always wanted to do something meaningful when I look back, and I thought the donation would be a great start.” 70 million won from the vice president Deok-Hee Jo Vice President Deok-Hee Jo, the wife of KUBS alumnus Poong-eon Jo (Commerce 59), contributed 70 million won as a part of So-Am Scholarship. So-Am Scholarship was made by Poong-eon Jo during his lifetime to inspire the academic commitment of the students. After his death, his wife continues to follow his wish. With this donation, a total amount of contribution reached a billion won. 20 million won from Min Yoong, Yoon (Business ‘99), CEO of community ‘Soo Man Hui’ Min Woong Yoon, the CEO of the famous community for the college entrance examinees, Soo Man Hui and the CEO of a publisher, Tenball Story, contributed 20 million won to the Business School. He said that he also won scholarship twice while he was studying at KUBS after he was released from the military service. And he mentioned that he was grateful to return the scholarship that he had received – with the amount of interest as well. 50 million won from Byung Chae, Kim(Business ‘77), CEO of Poinix Byung Chae, Kim, CEO of Poinix donated 50 million won and said he always had wished to be a part the School’s improvement. Established in 2003, Poinix Inc. is a company specialized in pavement technology, with their best-selling product ‘RSBS modified Double Layer Porous Asphalt’ that has a remarkable soundproof capacity on traffic noise. 100 million one from Hong Mae, Kim, CEO of Dong Won Phoenix., Inc. CEO Hong Mae, Kim (MSP, the 76th) donated 100 million won to KUBS. He is the president of KUBS’s MBA Alumni Association and the vice president of Korea University Alumni Association. He said, “I have always wanted to do something that provides educational support for the future generations. And I hope more students would be able to focus on their goals through the financial support.” 50 million won from Yoon Dae, Euh (Business ‘63), Professor Emeritus ‘Euh Yoon Dae Friendship Scholarship’ will be used to finance the airfare for exchange students participating in the University of Michigan. Yoon Dae Euh, Professor Emeritus and the 15th President of KU since 2003, devoted himself to the project, Global KU, during his tenure. 50 million won from Yoon Dae, Euh (Business ‘63), Professor Emeritus ‘Euh Yoon Dae Friendship Scholarship’ will be used to finance the airfare for exchange students participating in the University of Michigan. Yoon Dae Euh, Professor Emeritus and the 15th President of KU since 2003, devoted himself to the project, Global KU, during his tenure.
Jul 06, 2018
[The 60th Anniversary of IBRE] Looking Back Through History of IBRE
[The 60th Anniversary of IBRE] Looking Back Through History of IBRE   Korea’s first university-affiliated research center, Institute for Business Research & Education’s (IBRE, Director=Professor Chan Su Park) 60th anniversary of the foundation has come. It has been a fundamental step to Korea University Business School’s development to one of the top note universities in the world. Looking back through the history of IBRE, there have been two major stages of the center’s development. For the first 40 years, IBRE focused on institute-oriented research projects, education projects, publication, and held academic events as ‘IBRE-oriented period’. Since the mid-90s, ‘center-oriented period’, IBRE has focused on establishing research centers classified by majors, following a drift towards subdivision of business administration.     ‘Business Research Focused Period’ IBRE commenced in 1958, 1st of June, it was an affiliated institution of the College of Commerce, Korea University. Within two years of its establishment, IBRE was grown to be a part of Korea University, and it performed a management efficiency assessment of ‘First City Bank of Korea’. IBRE first published ‘Korea University Business Journal’, which is the very first weekly business journal in Korea. In 1962, IBRE was in charge of cost accounting test on Cheil Industries Inc. and 2 other companies. It was the first cost accounting assessment performed by a university research institute in Korea.   In addition, IBRE contributed to the extension of the application of business administration to the Korean government and public sectors. One of the examples is ACMS (Army Command Management System) performed from 1961 to 1963, which is the adoption of business administration to the military forces. Another example is a research on government administration requested by the Government’s Administrative Reform Committee in 1965. In addition to that, the Ministry of Commerce and Industry commissioned IBRE to create management indicators for small and medium-sized enterprises and conduct the first domestic per unit production cost inquiry. Since the mid-1980s, IBRE held academic conferences with renowned universities overseas, which promoted academic exchange in Korea and further.   At the same time, IBRE affirmed its position as the first and best university-affiliated institute by the publication of a range of journals in addition to KU Business Journal. IBRE issued ‘Business Monthly Newsletter’, as well as ‘Price Level Monthly Newsletter’ and ‘Business Research’ in 1964. IBRE also issued other types of publications: △The Completed Works of Business Administration △The Completed Works of Accounting △The Collection of Business Administration △A Compendium of Business Administration △Dictionary of Business Administration △A Series of Business Administration. ‘IBRE Sub-center Focused Period’ With the establishment of a Center for Asian Business Research in 1995, IBRE opened up its new era of the center-oriented development. IBRE commenced a variety of research centers to promote the specialization of each division in business administration.   In addition, IBRE developed to a key institute of academic-industrial cooperation by the commencement of corporate training program. Designed for the success of a business’s goal and strategy, the corporate training program was first started ‘MBA Program at Samsung Electronics Co., Ltd.’ in 1999. In 2017, IBRE started △RM Prestige Program at Shinhan Bank △SK Win-win Growth MBA Program △Global Leadership Course at CJ Cheil Jedang Corporation △Hi-Business School Program at Hyundai Marine & Fire Insurance. On the other hand, IBRE continued its work on publication; from 2008 to 2013, IBRE issued an annual ‘Business Operation Way’ as a part of the collaboration with the Federation of Korean Industries.   The growth of IBRE is continuing, so as its attempts at new projects. In 2017, IBRE organized a research group – a smaller unit than the research center to best focus on the rapidly emerging areas of research. Examples include ‘Market-oriented Big Data and IoT Research Group’ and ‘Management Philosophy Research Group’ commenced in December 2017. IBRE aims to work on further establishments of research groups organized by the researchers’ areas of interest.   More Articles on the 60th Anniversary of IBRE The 60th Year Celebration Ceremony for Korea University IBRE The 60th Year Anniversary of IBRE - A Range of Special Events [Memoir] "Congratulations on the IBRE's 60th year anniversary" - Professor Emeritus Cho, Ik Soon, Professor Emeritus Jee, Chung [Interview] Professor Chan Su Park, the 31st Director of IBRE - “Opening Up a New Chapter of IBRE's history by the Commencement of Research Groups”
Jul 06, 2018
[The 60th Anniversary of IBRE] Memoirs of Professor Emeritus - Professor Emeritus Cho, Ik Soon, Professor Emeritus Jee, Chung
[The 60th Anniversary of IBRE] Memoirs of Professor Emeritus Professor Emeritus Cho, Ik Soon, Professor Emeritus Jee, Chung   Cho Ik Soon, Professor emeritus / Former Director of IBRE (7th, 8th, 14th) It is such an honor to be a part of the 60th-anniversary celebration of the establishment of IBRE (Institute for Business Research & Education). On this congratulatory remark, I would like to highlight the context of the establishment of IBRE, which was in fact quite demanding at the period of time. I do not think there is anyone who probably knows.   After the Pacific War, there have been movements in rationalizing the existence of Japanese enterprises operated in the U.S. In particular, the United States Operations Mission (USOM) asked Professor Yoon, Byeong Ook, who has just returned from Germany after his study, for theoretical justification of the operation of Japanese enterprises. The USOM paid attention to the ways in which the management of Korea’s Armed Forces had been justified after the Korean War. The USOM also focused on how Professor Yoon was in charge of business justification seminar that was requested by employees at enterprises from the enemy country. So these were the context of the establishment of the very first business research institute from the best and largest university in Korea.   In the beginning, IBRE’s main tasks were to conduct a business assessment, market research, business justification seminar, cost accounting as well as a range of publication in business administration. IBRE was indeed a pioneer in this respect as well. Since the institute carried out quite a lot of projects, researchers at the Business School worked together with professors to complete the tasks.   The performance of IBRE was successful in every task, which demonstrates its position as the best university-affiliated research institute in Korea. I will point out few of the key achievements of the institute.   First of all, a large number of the researchers at IBRE were appointed as professors at the College of Commerce in the early stage of the adaption of the modern tertiary education system in South Korea. More specifically, the number of confirmed researchers at IBRE who were later appointed as professors is 41; there are 20 more whom I need the confirmation.   The second thing I should point out is cost accounting. In fact, one of the researchers at IBRE, Mr. Oh-Gil Choi, became a founder of a business. It is obvious that projects he was working on at the research institute, such as cost accounting projects for pricing a product in an automobile business and business analysis allowed him to be familiar with the overall operation of the automobile business. The projects on cost accounting provided a strong foundation for running his own business later on. Furthermore, I should also point out the achievement of the IBRE is the inspection of the state-owned enterprise in January 1970. There is a news report of the content of the inspection on January 19, 1970. Ik Soon Cho is appointed as the chairman of the Audit Committee of the Government's management enterprises, Sangman Lee, a professor at Seoul National University, as the first Lead Manager, and Yoonkyung Shin as the second lead manager. Work is divided up by National Tax Service (Investment and Construction Management), Productivity Center (Production Management, Sales) Industrial Management Research Center at Chungang University (analysis of business plans and results), IBRE at Korea University (cost management, financial accounting, management), Industrial Management Research Center at Yonsei University (human resources, organization and administrative affairs management). Professor Youngyun Yoon and professor Jangchun Ha from Korea University handled auditing practices and integration of audit reports for each field. I was in charge of the comprehensive report. This triggered IBRE to evaluate the annual business results of the government investment institution, and based on the results, was responsible for the government's decision on the year-end bonus payment rate. The last thing to mention is the computerization of financial data of listed companies and the research on the creation of databases contributed to the stock market’s development. Professor Sang Koo Nam was the chief of the research. These are only just a few key achievements of what IBRE has accomplished since its establishment; much more has been done, the institute has made the constant contribution to South Korea’s economic development. I am sure IBRE will continue its position in the future: the very first and the largest, No.1 business research institute in Korea.   Professor Emeritus Jee, Chung / Chairman of the Board of Social Science Academy, Former director of IBRE (15th) First of all, I sincerely celebrate the 60th anniversary of IBRE. IBRE was founded on June 1, 1958, the year when I entered Korea University. The special bond between IBRE and me has started in August 1962 when I completed the military service. Professor Hyo Rok Kim and professor Byeong Ook Yoon, deputy director, advised me to temporarily work for the public relations department. I was responsible for a wide range of publications during my term at IBRE, such as 6 volumes of ‘The Complete Collection of Business Administration’, 6 volumes of ‘The Complete Collection of Accounting’, ‘A Compendium of Business Administration’, as well as editing of ‘Monthly Research Journal of Business Administration’. I was also in charge of the request of the manuscript and 4 times of correction.   Later on, I served as the head of the department of newspaper publication for ‘Korea University Business Journal’ with Changgyu Hwang, assistant administrator (later professor at Sookmyung Women’s University and Dongguk University). After the start of my postgraduate degree, I was able to work as an official researcher of IBRE and appointed to the manager of the general affairs department. After my study in the United States, I became a full-time professor at Korea University, as well as the advisory committee members, member of the board of directors. Later I was appointed as the director of IBRE in 1987. Since I remained as a counselor of IBRE until the retirement even after the term. So basically, I worked for IBRE eight to nine years longer than I worked as a full-time professor at KUBS. Led by the late professor Yoon, Byeong Ook, IBRE was the core institution of the Korea University Business School. At the time of the establishment, there was no specialized research institute in Korea. Therefore, each and every external activity carried out at IBRE were "Korea's first". In addition to the Korea's first business assessment, cost accounting, industry census on mining and manufacturing, management indicators of small and medium-sized enterprises, etc., as well as the command and control system handbook and Korean Army's command and control system manual and administrative reform of the government were also one of the IBRE’s tasks.   Not many know the fact that all these plans were approved and established by the government. Another remarkable thing to note is that establishment of ‘Korea Institute of Science and Technology Information’ as an independent institution was led by the late professor Yoon, Byeong Ook. ‘Korea Institute of Science and Technology Information’ is founded with an ambition to set up a research institution that is comparable with KIST. While I was serving the term as a director of IBRE, I was working on the research assistance of professors and founding commemoration projects, celebrating the 30th anniversary. In commemoration of the 30th anniversary of the foundation May 1988, 43 distinguished scholars in Korea and overseas participated in the international symposium, holding enthusiastic discussions and presentations. Professors at the University of Southern California (USC) IBEAR, as well as professors from Seoul National University and Korea University participated in the symposium. In the following year, 27 domestic and overseas professors participated in an international conference held in USC. The last thing I would like to talk about is the international conference IBRE held in collaboration with the ‘Economic Growth Center" and ‘East-Rock Institute’ at Yale University in November 1988. Professor at Yale University, Seoul National University, and Sogang University, and the author participated in the event. Since the above three international conferences were the largest international conferences held at IBRE, it is worth to keep it recorded.   Congratulations again for the IBRE’s 60th anniversary, all my best wishes to further achievements of IBRE.   More Articles on the 60th Anniversary of IBRE The 60th Year Celebration Ceremony for Korea University IBRE The 60th Year Anniversary of IBRE - A Range of Special Events [Memoir] "Congratulations on the IBRE's 60th year anniversary" - Professor Emeritus Cho, Ik Soon, Professor Emeritus Jee, Chung [Interview] Professor Chan Su Park, the 31st Director of IBRE - “Opening Up a New Chapter of IBRE's history by the Commencement of Research Groups"  
Jul 05, 2018