• KUBS, Aiming for the World Lead
    KUBS, Aiming for the World Lead

    KUBS is advancing into the world beyond its reputation as the representative school in Korea. KUBS competes against the world’s prestigious schools and leads the most up-to-date academic trends while receiving positive reviews in rankings worldwide. Such achievements are a result of efforts to obtain high quality research and learning environment. In addition, KUBS has been dedicated to supporting students.
  • AMBA Wins 2nd Place in “Mahindra War Room” Competition
    AMBA Wins 2nd Place in Mahindra War Room

    On November 7 (Mon), the students of the KUBS S³ Asia MBA (AMBA) won second place in the “Mahindra War Room” held in Mumbai, India. The “Mahindra War Room” is an MBA-level case competition annually held by Mahindra Group since 2008. The competition was launched to solve business issues that the Mahindra Group faces.

    A total of 2,214 teams from all around the world participated in the competition. The AMBA student team has 4 members as follows: ▲Ganesh Attangudi Perichiappan Perichappan, ▲Eui Kyun Park, ▲Rachit Vyas, and ▲Gerillima Ang Chee Hui. They were the only international team that successfully made it to the final by finishing first in the semifinals. The team won second place in the final. 
  • 2017 GMBA & CEMS MIM Admissions
    2017 GMBA & CEMS MIM Admissions

    [Information Sessions] 
    · Session 1: November 23, 2016 (Wed); 19:00
    · Session 2: December 13, 2016 (Tue); 19:00

     
    [Application Deadline]
    • December 29, 2016 (Thu); 17:00 
    [Results of Application Screening] 
    • January 6, 2017 (Fri); 15:00
    [Interview] 
    • January 14, 2017 (Sat)
    [Results of Successful Applicants] 
    • January 23, 2017 (Mon); 15:00 
  • KUBS EMBA Ranked 24th Worldwide in FT Executive MBA Rankings
    KUBS EMBA Ranked 24th in FT Rankings

    The British newspaper, Financial Times (FT), has released the “2016 Top 100 Executive MBA (EMBA) Rankings” on October 17 (Mon). 

    According to the “2016 Top 100 EMBA Rankings,” released by FT, Korea University Business School’s EMBA moved up three places to No. 24 this year, only with its single-school program. Northwestern University: Kellogg tied for 24th place with Korea University.

     
  • Korea University Has Highest Pass Rate on 51st CPA Examination
    KU, Highest Pass Rate on 51st CPA Exam
    A total of 118 candidates from KU passed the CPA exam…Greatest gap between KU and Yonsei University (No. 2)

    According to the 2016 Certified Public Accountant Examination results, Korea University (KU) ranked No. 1 by producing an overwhelming number of successful CPA candidates. KU once again reaffirms its position as the best institute for nurturing certified public accountants over the past five years.
     
    The media reports announced that KU produced a total of 118 successful CPA candidates, which is the highest number among universities in Korea. KU has 20 more successful candidates than Yonsei University (98), which is considered to be No. 2.
Course Registration for Winter 2016 “Business English”
[Undergraduate] Course Registration for Summer 2016 “Business English” KUBS will be offering Business English courses for Winter 2016 Semester. For those who are required to take the course, please refer to the guideline below.   1. Course Period: December 26, 2016 (Mon) – January 19, 2017 (Thu); 8 lectures   2. Eligibility: Students from Entering Class of 2008 to 2016 who have not taken Business English I and II (starting Entering Class of 2008, students must take Business English to fulfill the graduation requirements). ※ Visit the portal to check whether you took Business English or not (KUPID → Registration & Graduation → Graduation Requirements Status) 3. Course Schedule: Please select one of the following options 1) Mon and Wed: 09:00 – 11:45 AM 2) Mon and Wed: 13:00 – 15:45 PM 3) Tue and Thu: 09:00 – 11:45 AM 4) Tue and Thu: 13:00 – 15:45 PM ※ Please note that classes below 10 students may be cancelled. In consequence, students may be assigned to a different course session. ※ Classroom and lecturer will be announced when the course assignment has been completed (expected date: December 23, 2016 (Fri)). 4. Course Registration Period: December 12, 2016 (Mon); 10:00 – December 19, 2016 (Mon); 16:00 ※ Course withdrawal can be made via E-mail (psy0514@korea.ac.kr) until December 22 (Thu); 15:00. 5. Course Registration Procedure: Click the link below and fill out the information. Then click the “Submit” button. <Click here to register for the course> 6. Inquiries: Sun Young Park from the Department Office of Business Administration (Phone: 02-3290-1301/E-mail: psy0514@korea.ac.kr) * Additional Notes * 1. Please understand that students may not be assigned their preference schedule due to the professor’s schedule.   2. Once the term begins, student cannot withdraw from their course for personal reasons. Course Withdrawal is available until December 22 (Thu); 3:00 PM via e-mail at psy0514@korea.ac.kr. After the withdrawal process, a withdrawal confirmation e-mail will be sent out (If not, you must contact the Department Office of Business Administration). When the course begins, students cannot take a leave of absence or cancel their course for personal reasons, and may receive penalty.   3. Students who fail the course must pay a 100,000 KRW penalty after class ends (students are advised to put their own name when transferring the fee. If the name of a payer is different, students must contact the department office) Please make an electronic payment to Hana Bank, 391-904544-21137   Those who have failed the course previously must pay a 100,000 KRW penalty in order to receive a final grade. In other words, even if you have completed the course, final grades will not be given until the penalty is paid [students marked in red shown on the attach file are required to pay the penalty]   4. Students missing more than one lecture will fail the course (Summer/Winter Session standard)
Dec 08, 2016
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Undergraduate
Fall 2016 Thesis/Dissertation Examination Guidelines
Fall 2016 Thesis/Dissertation Examination Guidelines   1. [Library Website]Up-Load the Dissertation : 2016. 12. 12 (Mon) ~ 2017. 1. 6 (Fri) a. Up-Load the Dissertation(original version) in '[User Service]-[Submit Thesis]' section at Library Website b. After receiving an e-mail from the person in charge of library dissertation, students should print out 'the Proof of submitting Dissertation' and 'the Warrant of using Works'. c. A Reference : Tel. 02)3290-2782, 2785, 2786, e-mail : libweb@korea.ac.kr ※ Students can only 'log-in' during the period above. Therefore students must meet the deadline.   2. [At Designated Library] Submit Complete Binding Dissertation : 2017. 1. 5 (Thu) ~ 1. 6 (Fri) a. Students should hand in 'Complete Binding Dissertation' and 'the Warrant of using Works' to designated library during that period(two days) then get a signature at 'the Proof of submitting Dissertation'. b. Designated Library for submitting Complete Binding Dissertation ① Social and Human Science : Central Library(new building) Room 203, 2nd floor (Tel. 02-3290-1471, 1474) ② Natural Science : Science Library Room 406, 4th floor (Tel. 02-3290-4227) ③ Health Science / Medicine : Medical Library Serials Room, 2nd floor (Tel. 02-2286-1264) ④ Sejong Campus : Sejong Academic Information Center, Room Division of Technical Service, 2nd floor (Tel. 044-860-1803) c. The number of submitting copies ① Master - 6 copies (6 copies of Hard Cover or 3 copies of Hard Cover + 3 copies of Soft Cover) (8 copies of Hard Cover for Law, 4 copies of Hard Cover for Medicine and Health Science) ② Ph. D - 6 copies of Hard Cover (8 copies of Hard Cover for Law 4 copies of Hard Cover for Medicine and Health Science)    3. [At the Department Office] Submit a copy of inner page of Complete Binding Dissertation : 2017. 1. 5 (Thu) ~ 1. 6 (Fri) a. Submit a copy of inner page(the Inner page + the signature page of completion for dissertation examination) and the Proof of submitting Dissertation. 1. A copy of inner page of Complete Binding Dissertation - Inner page : The page which included the name of tutor professor, the subject of dissertation and the date that students submitted the dissertation - the Signature page of completion for dissertation examination : The page which included the signatures of the chief of committee and committee members.   Students keep the Complete Binding of Dissertation(Original Version)   b. Certificates and Complete Binding of Dissertation which are submitted after the deadline cannot be admitted. If the students don't hand in issertations during the period, Graduate school will handle this as a fail of dissertation examination of this semester. Therefore it's very important to meet the deadline.     2016. 12. .   The Dean of Graduate School
Dec 02, 2016
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MS PhD
[Interview] KUBS Associate Dean Jaehwan Kim, “Expansion of Ability to Enhance Power of Thought”
Interview with KUBS Associate Dean Jaehwan Kim “Expansion of Ability to Enhance Power of Thought”     Q. Congratulations on your appointment as the Associate Dean of Korea University Business School (KUBS). Could you share a few words with us?   I will always keep in mind the responsibilities of an Associate Dean during my term of office. Furthermore, I will listen to voices of all KUBS members over and over again. KUBS began its history with Korea University. All organizations have a permanent mission. The mission of Korea University is “National Salvation through Education (敎育救國)” meaning “Promise the future of the nation by providing high-quality education to many people.” I believe this mission has no exception to all KUBS members.   What would it be like if professors were replaced by artificial intelligence such as AlphaGo? If the current educational structure – professors delivering knowledge, students obtaining knowledge, and professors evaluating the students – is maintained, and furthermore if it cannot be said that something special – irreplaceable by artificial intelligence – is produced from the KUBS educational system, KUBS will face difficulties carrying out responsibilities being the first and best business school. Because of that, I want to focus on helping students develop the “Power of Thought” by themselves. Thus, the ways of professor preparing for lectures and of meeting students in class must be changed. I will do my absolute best to maintain efforts of our faculty and staff to develop systems that enhance students’ “Power of Thought.”   When a social consensus of “Power of thought is commonly founded from KUBS alumni,” is formed, a virtuous circle in which future students with potential aim for KUBS by noticing this value will be established. As an Associate Dean, my duty is to make prospective students, who understand the KUBS mission, thereby wishing to enhance the “Power of Thought,” study at KUBS. 
Dec 07, 2016
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[Interview] New KUBS Dean Soo Young Kwon, “Educational Innovation for Integrated Intellectuals”
Interview with New KUBS Dean Soo Young Kwon “Educational Innovation for Integrated Intellectuals”   Professor Soo Young Kwon has been elected as the 23rd Dean of Korea University Business School (KUBS). “Under the unanimous goal of all KUBS members, we will make KUBS a competitive university,” said Dean Kwon whose term of office began on November 1. The <KUBS Journal> met Dean Kwon who will lead KUBS for the next two years to talk about the vision of KUBS. Q. Congratulations on your recent appointment as the 23rd Dean of Korea University Business School (KUBS). I am honored to have the opportunity to serve as Dean of KUBS, which is the first and the best business school in Korea. As I look back on the accomplishments that former deans have made, I feel heavy responsibilities. I will dedicate myself to developing KUBS for the next two years.   Q. As leader of KUBS for two years, what is your plan and vision? As new Dean, I have two primary plans in my mind. Firstly, I would like to continue the various projects that former deans have been working on. The projects developed at KUBS are our assets filled with valuable time and efforts. Thus, I will strive to run these projects smoothly and produce the best possible outcome.   Particularly, I will provide full support to “KUBS Startup Institute,” which was launched in September as a platform for nurturing entrepreneurs, in order to develop as the center of startup incubation and network. I strongly believe KUBS Startup Institute being the integrated startup education center will take over a pioneering role. Moreover, I am planning to expand a living expense scholarship called “KUBS Dream Scholarship” so that KUBS students can more focus on their studies. I will not let our students give up on their dreams due to financial hardships.   My second plan is the Reorganization of Curriculum. I plan to introduce “Blended Learning” in each area. My goal is to encourage two-way communication between students and professors by combining online and offline courses. When a self-learning environment is formed through e-learning, professors can teach students in a more innovative and interactive way. This will allow education provided by KUBS to be recognized as its unique brand. Students entering into society will also have distinguished strengths as well. As part of the Reorganization of Curriculum, KUBS plans to offer courses that develop creativity. In today’s era, the blend of liberal arts and natural sciences forms creative innovation. Through new education, we must not only enhance intelligence, but also enhance extelligence, which connects existing ideas around the world. Creativity is not making something out of nothing. Rather, it is a networking ability that makes new things by connecting existing knowledge. Producing “integrated intellects,” who understand a variety of studies including technology, coincides with the educational goal of KUBS. Thus, I will strive to provide educational environment that allows students to prosper the power of thought. Q. What is your opinion about KUBS’ position, reputation, and competitiveness in Korea and the world? KUBS is, of course, the best business school in Korea. Our school is the only business school that has ranked in the top 100 in various worldwide rankings and that has become a member of the CEMS Global Alliance, a global business school alliance where only the single best school per nation can join. However, KUBS has not yet achieved distinguished performance compared to other universities in Asia. When comparing to the prestigious universities, such as Hong Kong University of Science and Technology (HKUST), National University of Singapore (NUS), and University of New South Wales (UNSW), we still have a long way to go. In addition, Chinese universities including Tsinghua University, Peking University, and Fudan University, are growing leaps and bounds. Delivering an excellent academic performance is essential, but now it is time to think about a way to nurture specialized intellectuals through business education in the undergraduate program. As we produce intellectuals who contribute to our society living up to its reputation and expectation, KUBS will be cemented as a university receiving superb reviews in both research and education. Q. In terms of the development of KUBS, there has been an immense amount of support by alumni. Do you have any words for them? KUBS alumni’s love for their alma mater is extremely significant. We were able to build world-class educational facilities thanks to many of our alumni, and I always convey my deepest gratitude to them. I believe we must now concentrate on producing global leaders within the KUBS community. With support, scholarships, research funds provided by the alumni, we will always do our absolute best to pursue a big dream.   Q. Lastly, would you like to give any message to all KUBS members? Over the past ten years, KUBS which has continuously sought innovation and development is facing a greater goal. The vision of KUBS is “World-class Knowledge Hub in Business,” indicating that KUBS will become a global hub leading business knowledge. Specifically, we aim to become Asia No. 1 and global top 30 by 2030. With that being said, KUBS will continue to secure distinguished faculty and develop specialized strategies by major area. I have no doubt KUBS has the capacity to realize the vision we have set. However, the ideas and plans that KUBS members do not fully agree can never succeed. In order to accomplish the mission of KUBS and realize its vision, active interest and cooperation from students, faculty, staff, and alumni are surely required. As the Dean of KUBS, I will strive to bring the community together.
Dec 06, 2016
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Special Lecture by Gyeonggi Province Governor Kyung-pil Name Held…"Rebuilding Korea"
KUBS Special Lecture Special Lecture by Gyeonggi Province Governor Kyung-pil Name Held…"Rebuilding Korea"   On November 9 at 10:30 AM, Gyeonggi Province Governor Kyung-pil Nam delivered his special lecture “Rebuilding Korea” at SUPEX Hall in LG-POSCO Building. The lecture was held as part of the “Business Negotiation” and “Organizational Behaviors” courses offered at Korea University Business School (KUBS). “Leadership and negotiation are major components in politics,” KUBS Professor Seungwoo Kwon said, explaining the reasons for inviting the guest speaker. “I hope this lecture will act as a trigger to think about governance and political leadership.”   Gyeonggi Province Governor Kyung-pil Nam   Governor Nam has examined Korea is facing financial calamity and emphasized to create the value of the “Global Standard.”   “Although the U.S. hits one trillion dollars of budget deficit and one trillion dollars of trade deficit every year, its economy will not collapse due to the U.S. dollar,” Governor Nam said. “The U.S. dollar is not simply currency but used as the global monetary standard.”   Developed countries create standards, not products. The prime example is Apple smartphones. Apple developed a new platform called “smartphone” by installing web browsing and other advanced functions to basic mobile phones. Such development has changed the lives of millions of people all over the world. “We make products while Apple does not. This is the difference between one who creates standards and one who follows the standards.” Governor Nam added. He provided the “Power-Sharing through Governance” as a political standard model –believing that sharing power allows maintaining of a transparent system, thereby eradicating political corruption. “Gyeonggi Province Vice Governor and I are in different parties. In other words, corruptions and irregularities cannot arise as each political party discusses with one another and uses the Gyeonggi Province System which opens all meeting processes to residents in real-time,” Governor Nam told.   Governor Nam believes that the power structure of the new era should be in a way where the president builds close relationships with ministers along with continuous discussions. This will accelerate the passage of a bill because ministers have an obligation to convince their own political party. “We cannot communicate without sharing power. Nothing would be more dangerous than voicing different opinions in the same government,” he continued. In economic areas, Governor Nam stressed the “Shared Market Economy Model,” which is the combination of freedom and sharing. The economic system has to change. The Shared Market Economy Model allows the nation and communities to support platforms while companies use the provided platforms. Communities are responsible for a product’s entrance fee, marketing cost, logistic fee, etc.   He gave an example of Donald Trump explaining that if the neo-monopoly continues, it is possible that there can be a next Trump. The lives of enraged citizens must fundamentally change. Governor Nam used potato chips as an example to explain the Shared Market Economy Model.   “Gyeonggi-do Corporation provides platforms, enabling companies to compete with pure products only, and all companies have to do is utilize these platforms. Through a sharing platform, the cost of potato chips has decreased from 3,300 won to 900 won. This is the structure that “public” stands as a platform while private companies create an economic ecosystem.   “The key to future communication is sharing. I hope all of you will become a leader preparing for the future,” Governor Nam said at the end of his lecture.   “It takes 1,000 years to change culture and society whereas changing a system takes only 10 years,” said KUBS Dean Soo Young Kwon, who attended the lecture. “Based on today’s lecture, I look forward to seeing our society change within 10 years.”
Nov 25, 2016
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NEWS
KUBS International Business Joins Networking Session with Tsukuba Faculty
KUBS International Joins Networking Session with Tsukuba Faculty       On October 10, a group of ten professors from the Graduate School of Business Sciences, MBA Program in International Business at the University of Tsukuba, which is Japan’s national university, visited Korea University Business School (KUBS). A total of 15 KUBS professors of International Business, including former Associate Dean Hojung Shin, welcomed the Tsukuba professors.   The KUBS Student Ambassadors, KUBE, conducted a campus tour to introduce the school to the Tsukuba professors and had a small chat to break the awkward atmosphere. “I hope this session allows us to give insights and to move forward to become top universities in the world,” Professor Shin said.   “It is meaningful to meet and share diverse experiences and knowledge with professors of Korean and Japanese universities that are geographically adjacent to one another,” Professor Hua Xu, who is Program Chair at the University of Tsukuba, said. “I would like to know more about the educational system of Korea’s best business school and benchmark its positive aspects.” KUBS and Tsukuba faculty delivered their lectures respectively and academically discussed about the related issues.   The University of Tsukuba is a national university that produced three Nobel Prize winners (two in Physics and one in Chemistry). The university was founded in 1973, following its predecessor the Tokyo University of Education. At that time, the University of Tsukuba was the first school to give lectures in English. Under the idea of the “Pacific Rim’s College of Science and Engineering,” the university made massive investments in engineering and medicine areas. Furthermore, the “Credit Approval Policy,” which students design their own major and request for credit approval, was introduced for the first time in Japan.
Nov 25, 2016
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Mentoring Day with KUBS Alumni
Alumni Mentoring Day by Career Hub Mentoring Day with KUBS Alumni     Marking its 10th anniversary, the Fall 2016 Alumni Mentoring Day was held on October 26 at 7:00 PM in Ahn Young Il Hall of the LG-POSCO Building. In the event, former KUBS Associate Dean Hosun Rhim, 27 KUBS students, and 9 alumni mentors from the various fields, such as △ accounting, △public institutions, △finance, △services, △consulting, △manufacturing, made a presence.   The Alumni Mentoring Day, hosted by Career Hub every semester, is a mentoring program for KUBS students matching with graduates. KUBS students can apply for the mentoring program through the KUBS website each semester. Participating students (2nd through 4th year students) will be paired up with alumni working in the field the student is hoping to pursue, so that they can receive career counseling as well as practical advice on job market.   In the event, alumnus Jong Bae Park (Business Administration, ’79) has received a letter of appreciation and alumnus Sang Gil Jeon (Business Administration, ’83) has received a letter of appointment as the delegate of mentors. “No matter what time period we are living in, it is important to question and be concerned about society,” alumnus Jeon said. “Since Business is a study that analyzes the current world trends, I hope KUBS students can go through various experiences.” After introducing the alumni, the mentoring event began, and students asked questions about the job market to alumni.   “My mentor, alumnus Young Dae Kim, gave us promotional products from his company and explained the marketing process in detail,” said JiHyeon Lee (Business Administration, ‘14) who attended as a mentee. “It was a meaningful time because I could see how the theories I learned from school are applied in real marketing scenes.”   Meanwhile, Career Hub provides an opportunity for students to meet with graduates and exchange information through the alumni mentoring program for one year. Students can apply for the mentoring program in May via KUBS website. A total of 48 alumni mentors and 124 KUBS students have participated in the 2016 Alumni Mentoring Day.
Nov 25, 2016
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Professional Golfer Kyung-Ju Choi Delivers Special Lecture in AMP
Professional Golfer Kyung-Ju Choi Delivers Special Lecture in AMP   On October 24 at 8:15 PM, PGA professional golfer Kyung-Ju Choi, who is Chief Director of KJ Choi Foundation, delivered a special lecture in room 301 of Hyundai Motor Hall. The lecture was organized by Woo Sung Karm (82nd Batch of AMP) and lasted an hour. Choi gave a speech about his life under the theme of “Golf and Business.” He also introduced his foundation and volunteer activities.     Kyung-Ju Choi, Korea’s first winner of the PGA Tour, started playing golf at the age of 17, following a suggestion from his PE teacher. “I could not have made it this far without those who spotted my talent and dream. I established a foundation to support children in hardships but filled with hopes and dreams,” Choi said, explaining his reasons for volunteering. As of now, KJ Choi Foundation supports approximately 100 children. The foundation not only supports future golf players but also offers tuition by selecting its Hope Scholarship recipients.   In addition, Choi helps children by running various projects such as Dream Library, which is built inside a child care, and Charity Golf Competition. “Just as a mother bird wholeheartedly incubates its eggs in a safe nest, teens also need love and care by others in order to realize their dreams,” he said. “The world will become a better place to live when these kids grow up and share hopes to the world.”   “I was truly intrigued by Choi’s candid story,” Student President Byung Taek Shim (82nd Batch of AMP) said. “I was also inspired by his foundation activities to nurture promising golf players.”
Nov 25, 2016
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S³ Asia MBA Students Win 2nd Place in “Mahindra War Room" Competition
S³ Asia MBA Students Win 2nd Place in “Mahindra War Room” Competition Placed 2nd out of 2,214 participating teams…The first international team to win the competition since its launch   On November 7 (Mon), the students of Korea University Business School’s S³ Asia MBA (AMBA) won second place in the “Mahindra War Room” held in Mumbai, India. The “Mahindra War Room” is an MBA-level case competition annually held by the Mahindra Group since 2008. The competition was launched to solve business issues that Mahindra Group faces.     In the competition, each team selects one of the four following topics and develops a strategy: ▲Growth strategy in domestic market for SSsangyong Motor, ▲Growth strategy for Zoto App, ▲IT strategy for the new generation, and ▲Performance improvement strategy for Mahindra Racing Formula E Team. A total of 2,214 teams from all around the world participated in the competition. Twenty-five teams, consisting of 21 Indian teams and 4 international teams, made it to the semifinals while only 10 teams advanced to the final.   ▲The AMBA students present their topic on “Zoto App’s growth strategy” in the grand finale.   The AMBA student team has 4 members—▲Ganesh Attangudi Perichiappan Perichappan (8th Batch), ▲Eui Kyun Park (9th Batch), ▲Rachit Vyas (9th Batch), and ▲Gerillima Ang Chee Hui (9th Batch)—and named their team “Fudan Warriors.” The team was the only international team that successfully made it to the final by finishing first in the semifinals. Fudan Warriors won second place in the final.     (From left) ▲Rachit Vyas (9th Batch), ▲Ganesh Attangudi Perichiappan Perichappan (8th Batch), ▲Eui Kyun Park (9th Batch) and ▲Gerillima Ang Chee Hui (9th Batch)   “We sought advice from Nigerians at Funda University because our topic was about growth strategy for Zoto App used in Nigeria by Mahindra Group,” Gerillima Ang Chee Hui said. “Based on their information, we were able to understand the circumstances in Nigeria, which is quiet unfamiliar to Asians, develop a strategy, and learn many other things.”   The Mahindra Group, the sponsor of the competition, is a multinational conglomerate that acquired Korea’s Ssangyong Motor. It generates revenue of approximately $7.1 billion and employs more than 100,000 people. Mahindra operates the key industries in India, taking a leadership position in utility vehicles, tractors, and information technology (IT). It also shows a strong presence in financial services, vacation ownership, consulting services, industrial equipment, logistics, etc. In 2014, Mahindra was listed in the Forbes Global 2000, a comprehensive list of the world’s largest, most powerful public companies, based on its revenue, profit, assets, and market value.   Photo Credit: By Mahindra War Room’s Official Facebook www.facebook.com/mahindrawarroom 
Nov 24, 2016
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KUBS, Aiming for the World Lead
KUBS, Aiming for the World Lead     Korea University Business School (KUBS) is advancing into the world beyond its reputation as the representative school in Korea. KUBS competes against the world’s prestigious schools and leads the most up-to-date academic trends while receiving positive reviews in rankings worldwide. Such achievements are a result of efforts to obtain high quality research and learning environment. In addition, KUBS has been dedicated to supporting students. KUBS ranked 76th in the field of Business and Economics of the “THE World University Rankings 2016-2017 by Subject,” released by the British weekly magazine, Times Higher Education. The university took first place in Korea by exclusively listing in the top 100. Furthermore, KUBS placed 97th worldwide and 1st in Korea in the Economics and Business subject area of the "2017 Best Global Universities Rankings." The ranking was calibrated by 13 performance indicators such as △Citations, △Reputation Survey, △Staff-to-Student Ratio, and △Doctorate-to-Bachelor’s Ratio.   In the field of academic influence, the heated competition among KUBS and other overseas universities is still ongoing. As of September 1, KUBS ranked 77th in the world, which is highest ranking in Korea, among SSRN top 1,000 business schools. SSRN (Social Science Research Network) is a worldwide repository of scholarly research in the social sciences and humanities. KUBS ranked substantially higher than Seoul National University Business School (96th), KAIST College of Business (194th), and Yonsei University School of Business (261st). The SSRN rankings predict the scholarly influence of an institute. The results are based on the statistics of authors and their affiliations and contribution to the paper. The business school has been receiving superior reviews worldwide in educational area as well. According to the “2016 Top 100 EMBA Rankings,” released by FT, The KUBS EMBA moved up three places to No. 24 this year, only with its single-school program. At the same time, KUBS has been conducting integrated startup education by launching “KUBS Startup Institute” in September. Iljin Group and Dongwha Group donated 2 billion won and 1.5 billion won, respectively—adding up to 3.5 billion won in total—to build and operate KUBS Startup Institute. The institute consists of two centers which are "Iljin Center for Startup Incubation" and "Seung Myung-Ho Center for Entrepreneurship Education." The Iljin Center for Startup Incubation will act as a foothold of the business incubation and network whereas the Seung Myung-Ho Center for Entrepreneurship Education aims to provide integrated startup education.   Thanks to the unconditional efforts of KUBS, graduates are able to make a smooth transition into society. Korea University has produced a total of 118 successful CPA candidates, which is the highest number among universities in Korea. KU once again reaffirms its position as the best institute for nurturing certified public accountants over the past five years (2012 – 2016). The college runs the CPA Prep Program called “Jeongjincho” to support students who study for CPA.   Meanwhile, the cases where graduates run a non-profit organization or startup based on their knowledge and skills gained at Korea University are gradually increasing: △Marymond (Hong Jo Yoon, Business Administration, ’05), the lifestyle brand that allows people to think about the restoration of dignity and the victims of Japanese military “Sexual Slavery,” △Bear.Better. (Jeong Ho Kim, Trades, ’85), the company that manufactures products by hiring handicapped with developmental disabilities, △Root Impact (Kyung Sun Chung, Business Administration, ’05), the company that helps non-profit organizations and startups.
Nov 18, 2016
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[KUBS Student Interview] “Making a College Life without Regrets Depends on Yourself”
Interview with KUBS Students “Making a College Life without Regrets Depends on Yourself”   How do students of Korea University Business School (KUBS), one of the most prestigious school in Korea, spend their college life? The KUBS students have gathered together to share their experience for prospective freshmen wondering what college life is like. On November 8, <KUBS Journal> met Freshman Hui Su Lee (Business Administration, ’16), Sophomore Jongin Lee (Business Administration, ‘13), Junior Ji Hyun Yang (Business Administration, ‘13), Senior Jungsoo Lee (Business Administration, ‘13) to ask about their life at KUBS. The students, all in different grades from freshman to senior, said that it is important to find your area of interest in order to make a college life without regrets.    (From the left) Sophomore Jongin Lee (Business Administration, ‘13), Senior Jungsoo Lee (Business Administration, ‘13), Freshman Hui Su Lee (Business Administration, ’16), Junior Ji Hyun Yang (Business Administration, ‘13)   Q. What is the difference between expectations you had in high school and reality of college life? Hui Su Lee: One difference is that, unlike in high school where we learned things from our teachers, we can actively study through debates and discussions in college. Jongin Lee: In middle and high schools, I learned English by rote or cramming education. However, in college, I have improved my English a lot as I enthusiastically participate in English courses and English debates. The campus is an environment where you can freely study with your friends. In my case, I make study groups with peers taking the same course to overcome hardship in studies. Jungsoo Lee: KUBS has multiple opportunities to meet with international students, as you move up to higher grades. Especially in the junior and senior year, half of the students who take major courses are international students and we exchange project feedbacks with each other. Q. Why did you choose KUBS? Hui Su Lee: For me, all courses offered from the Department of Business Administration were my area of interest. That is why, even before admission, I browsed the KUBS homepage to get more information, and looked forward to college life at KUBS. Since my sophomore year of high school, I have tried to acquire Business knowledge by studying the “TESAT” which is a National Certification of Economics. Jongin Lee: I have chosen KUBS because I wanted to spend my college life without regrets. I wanted to enjoy the unique cheering culture of KU and also study with friends on the nice campus. Ji Hyun Yang: The reason I wanted to come to KU was because of the special bond among KU students. I spent my high school years listening about college life from teachers who graduated from KU, and my expectations of KU culture and its network were high. Jungsoo Lee: Similarly, my motive to enter KU was the special bonding culture of students. Most of my teachers in high school were from KU and I saw them attend KU college reunions consistently after graduation. By looking at them, my goal was to come to KUBS, believing that I can enjoy my college life at KU for a long time. Q. Which extracurricular activities are you participating in? Ji Hyun Yang: Previously, I was a member of KUBS Student Council. As Plan/Finance Director, I planned a KUBS student festival and carried out different projects for student-lead activities. I am now the student representative of “KUBS Ladies” which is an alumnae association of KUBS. I am working to strengthen the network among KUBS women alumni. Hui Su Lee: I am currently in the KUBS Soccer Club “Kyung Chuk.” I was also a member of my high school soccer club, but university soccer clubs are more systematic and have a fun atmosphere. I am playing with many seniors, so I receive advice on studies and career from them. I am experiencing KU’s special bond through the soccer club. Jongin Lee: I am a member of KUBE, which is KUBS Student Ambassadors. At first, it was not easy to introduce KUBS in front of people whom I do not know, but it is truly my pleasure to share information about KUBS to diverse people. I feel especially proud when introducing the school to high school students, who are future KUBS students, and becoming their academic mentor.   Q. Wasn’t it difficult to balance your studies and other activities? Ji Hyun Yang: From the beginning of my university years, my goal was to participate in various activities. Since it was hard to invest time in studying, I always tried my best to focus during class and asked professors questions after class if I had anything that I did not understand. By understanding the materials, I could follow the course without any difficulties. Hui Su Lee: I always try to concentrate during class. Unlike high school, private institutes or lessons are not available, so it is important to practice your own method of studying. As our seniors mentioned, I make study groups with friends to study. When class ends, my friends and I review at KUBS study rooms and share parts that we do not understand with each other to keep up with class. Jungsoo Lee: There was a time when I was immersed in activities of an academic society. I used all of my time, except class hours, focusing on the society. It was hard to adjust my schedule, but I could keep my GPA by focusing only on my studies during the exam period. I also visited professors every day to ask questions. In particular, Finance courses were hard to understand at once, so I had to review the materials and organize my questions before visiting professors.   Q. Is there a KUBS program that you would like to recommend to students? Jongin Lee: It would be great if KUBS students utilize the Academic Advisor System. There are many opportunities to meet with senior students and alumni through activities such as “Faculty-Student Mentoring Day” with professors. By meeting seniors, we can get motivated and receive thoughtful advice regarding studies and our future career. Jungsoo Lee: I also recommend the Academic Advisor System. I am still in contact with my advisor and often ask his advice. I even met my professor in the U.S. when I went on an exchange program. I visit his office and meet him regularly. There are many professors here at KUBS, so please do not be shy. Professors are interested in each and every student, and you can receive feedback about your studies. Ji Hyun Yang: I recommend various activities including the exchange program. I went on exchange twice receiving scholarships. If you research in detail about scholarships, exchange programs, internships, and alumni mentoring programs, you will find many opportunities, so take advantage of these.   Q. Any last words of advice to high school students who wish to attend KUBS? Ji Hyun Yang: I hope you all spend a college life that extends your views and understanding of variety. Following the standard paths, such as becoming a CPA or a public officer, is not always the answer. I feel sad when I see juniors locked up in a stereotype way. I hope students can experience everything they want in their studies, career, and college life, as well as being free from the standards of other people. Jongin Lee: Until recently, I was also stressed because I wanted to achieve my goal as fast as I can. However, I think that trying to fulfill your goal in a short time is not always the best way. There are things that we need to enjoy in some moments of our lives, and I hope that we always live faithful to the present. Jungsoo Lee: I hope students enjoy their college life without worrying about what others think. If you start focusing on other people’s views, you may end up following advice that you do not want to follow. I think the most important key of college life is finding the answer of how you would like to live. Therefore, I hope everyone makes their own decisions according to their own values, without being disturbed by other’s advice. Hui Su Lee: Before coming to college, I too, had many concerns about college life. However, I think good results happen when you follow your own beliefs and work diligently. College life is surely more enjoyable than high school life, therefore I am sure you will gain good results when you happily do your job.
Nov 24, 2016
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[MBA Success Story] 10th Class of GMBA – Minhee Bae
“By motivation gained through CEO mentoring sessions, I was able to develop my career” MBA Career Success Story   Minhee Bae (10th Class of GMBA), IKEA Korea   1. Please briefly introduce yourself. My name is Minhee Bae and I'm a member of the 10th Class of GMBA. I'm on track to graduate this coming August and I have been working as a HR Specialist at IKEA Korea since July of this year.   2. What did you do before you entered GMBA? I studied finance and majored in International Business. Upon graduation, I worked at a global company, supporting international business activities of the firm, from which gathered overall knowledge and experiences pertaining to human resources. Before starting GMBA, I worked at the HR department of an American company after a M&A took place. After working with several managers, I realized how crucial a MBA degree was in acquiring the necessary leadership skills.    3. Why did you choose Korea University’s GMBA? It was not easy giving up a stable job to come back to school. Everyone around me recommended taking the MBA course that is offered in the evening. However, I thought this would put a limit to my learning experience. Furthermore, I deeply wanted some time to reassess my career plan and the quickest way of enhancing my professionalism.   I believe MBA in Korea University has the capacity to compete at a global level when comparing to both domestic and foreign MBA programs. Not only does it have a great curriculum, but it also has globally renowned professors, as well as networking opportunities through CEMS network. Moreover, Korea University's unique culture of strong bond among alumni played a major role in my decision, as networking is a critical component of MBA.   4. In GMBA, which curriculum has helped your career development? Domestic and foreign professors' admiring lectures and case studies, as well as the IRP (International Residence Program) in Shanghai, China, and Barcelona, Spain, were extremely unique experiences. Also, the curriculum that allowed me to actually apply what I have learned to a real business was extremely helpful, especially the "business simulation" executed at module. This experience allowed me to team up with my colleagues and run a virtual business, managing operations, quality, R&D, finance, HR, and etc., not to mention how valuable it was for us to perform business planning based on the virtual market conditions and make decisions.    5. What was the most helpful coaching resource provided by KUBS Career Hub? Mock interview was the most helpful. The Career Development Center provided periodic mentoring and special lecture sessions led by either Korea University alumni or related CEOs, which constantly motivated me. This exposed me to true market conditions and helped me to develop a sense of where I want to take my career. 6 months before I graduated, I was participating in mock interview program with HR coordinators in global companies, which turned out to be very helpful as well. The feedback and the interview coaching from Career Development Center allowed me to perform at my full potential without getting nervous in the real interviews.    6. Do you have any advice for job seekers interested in the related field? I learned the value of connecting and cooperating through the GMBA program at Korea University. The synergy that derived from cooperating, studying, and discussing with my colleagues with various backgrounds and nationalities will forever be useful and I will always take pride in the fact that I graduated from the GMBA program from Korea University. In my case, I tried to connect what I learned in school with the real world, which allowed me to naturally develop new thoughts and values that I missed out on as a college student back when I was pursuing my BA degree.   Moreover, now that I am back at work, it turns out the principles and cases that I was exposed to during the GMBA program became the foundations for applying new ideas in the real world. By utilizing the competitiveness and influence of the GMBA program, I hope everyone can further develop their career and rise up to the decision maker level.
Nov 18, 2016
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Interview with Entering Class of 2015 MBA Valedictorians
Interview with Entering Class of 2015 MBA Valedictorian   Finance MBA Valedictorian Woo Joo Yang (10th Batch)   1. What does it feel like to be Valedictorian? I want to thank Korea University for giving me an opportunity to be in the FMBA program and to KEB Hana Bank where I work. I also would like to thank my FMBA colleagues and my wife who have always supported me. As I completed each module diligently, I was able to produce exceptional results. Achievements earned from FMBA program will be the good ground for my career.     2. What were the keys to become Valedictorian?  Firstly, I think it was my passion for learning. After 10 years of working, I was desperate to have an opportunity to systemize my experience at a bank through learning and then utilize my knowledge when I return to work. Thus, my motivation was clear. Secondly, my CFA certificates that I obtained previously were a big help. A CFA certificate is specialized within the fields of finance and accounting, which is was very similar to the MBA curriculum. Lastly, my work experience at a bank also helped me greatly. I suggested my thoughts and proposal ideas of Korea’s finance industry during the team project. My work experience served as the foundation of working in a team.     3. What is the most memorable experience during Finance MBA? I would say the IRP program, especially when I took the course related to risk management at NUS. Although I went through some difficulties, it is a valuable moment which I cannot easily experience. In addition, I was able to learn the current position of Korea in global financial market by visiting a financial institution in Hong Kong. 4. What did you learn from Finance MBA? Through the FMBA program, I have developed expertise in finance and accounting along with my CFA certificates. Not only I learned academic theories by taking courses, but also felt a sense of achievement through projects with my teammates from various backgrounds.   5. Do you have any advice for the upcoming FMBA freshmen? Because the following program is specialized in finance and accounting, the new students may have difficulties keeping up with the program. However, if you have a passion to study and spend time on it, eventually you will be able to pave your own path. As you actively share your opinions in the team project, you will find yourself growing. Lastly, it is important to keep in touch with your colleagues, alumni and professors and build a network to support each other. Global MBA Valedictorian Jiwon Woo (10th Batch) 1. What does it feel like to be Valedictorian? I would to like thank those of you who always supported me to complete Global MBA Program. The past year was necessary for my long-term career, and it was a meaningful time for me to meet precious people who will last a lifetime.   2. What were the keys to become Valedictorian?  I believe it was my strong will for learning. Although I was not a typical exemplary student, I completed my assignment diligently with responsibility. Since I chose this program for my self-development and long-term career, I set high goals and did my absolute best. I always endeavor to produce better results than my goals.     3. What was your motivation to start GMBA? I thought an MBA program was the most necessary program for me to reach my ultimate goal of working in the field of strategic consulting. The GMBA curriculum, which all courses are offered in English, was a perfect fit for those wishing to become a global talent. Furthermore, the best part of this program is that I have a chance to build a network with students from various countries. 4. What did you learn from GMBA? The GMBA was a great opportunity for me to overcome fear of numbers. When I was a student, I avoided taking courses related to numbers. I thought this could possibly be an obstacle for me to become a business leader in the future. Therefore, I decided to major in Finance. Thanks to the GMBA program, I was able to overcome fear of numbers. It helped my consulting career as well. 5. Do you have any advice for the upcoming GMBA freshmen? I hope you will make unforgettable memories through this MBA program, which is an once-in-a-lifetime opportunity. The professors with excellent lectures, GMBA colleagues and alumni have always planted a deep insight in me. Now when I look back, there were many events occurred, such as orientation session and commencement ceremony. I personally think all of my times at KUBS were meaningful, and I hope you all learn many things from the GMBA. Take an advantage of this opportunity and enjoy it.    
Sep 30, 2016
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Alumni Interview: Iljin Group CEO Sang Il Lee (Commerce, ’57)
KUBS Alumni Interview — Sang Il Lee (Commerce, ’57), Chairman of Iljin Group “One with professionalism and positive attitude can succeed” Q: Iljin Group is leading the field of wheel bearing with its innovative technologies. Tell us about the company’s vision and your business philosophy as Iljin Group reaches out to the world beyond Korea. The three core values for Iljin Group’s corporate culture are “creative spirit,” “teamwork,” and “make it happen.” With that being said, our company supports all employees, so they can collaborate to achieve goals based on their insights. A company can stay in business with its results and profits. In order to bear fruits in management, the company shall ensure its competiveness in the market by producing excellent goods in various aspects, such as technology, quality, price, etc.   Iljin Group is leading the world’s wheel bearing market with the global market share of 30%. Our major clients are world-class automobile companies, including Hyundai Motor Company, Kia Motors, BMW, Ford, Renault, VW, PSA, FIAT, Mercedes-Benz, Chrysler, GM, TESLA (manufactures electric vehicles), etc.   Since the initial stage of Iljin Group, I had a goal and confidence to produce goods with global competiveness, rather solely focusing on the domestic market. I believed that providing excellent products at the lowest cost would lead our company on the path to success in the global market. Because wheel bearing is an essential part of an automobile, it is important to guarantee its best quality with securing the stability. I must say it was not easy to penetrate the market due its high price and quality; however, under the company’s management philosophy “make it happen,” I did not give up. With a sense of duty, I constantly invested in research in order to be recognized as the most important quality.   Iljin Group currently has research facilities in the United States and Germany. Professional technicians in Korea and overseas cooperate together to enhance the cost competiveness by increasing the automation rate using robots, sensors, and computers. The Quality Assurance Team is responsible for product manufacturing and delivery, while satisfying customer needs. Q: Many students are trying to start their own business nowadays. You have made a meaningful donation for the KUBS Support for Business Start-Ups. KUBS, my alma mater, has been recognized as the best in Korea according to various performance indexes in Korea and abroad. And now KUBS is making progress to be recognized by the world beyond Korea. I am extremely proud of the accomplishments of my alma mater.   Until the development of KUBS with its 110-year history, there have been numerous deans of KUBS, professors, including former KU President Yoon-dae Euh, who have played a major role. With these professors, KUBS produced talented individuals leading Korea. Also, because of our alumni’s love for KUBS juniors, students have access to study in the superior educational facilities.   A number of world’s distinguished universities strive to improve their start-up education. As I, too, was able to advance into the global market by starting my own business, I believe that start-up education is necessary in order to change the economic paradigm of Korea. I decided to donate the funds to develop my alma mater in a successful direction and to support our students become entrepreneurs who demonstrate their abilities to lead Korean economy. I hope KUBS Start-Up Center, which will be completed in September, will foster entrepreneurs with integrated thinking. I am confident that students will have more chances of success by challenging themselves, rather than being afraid of failure.     Q. What are some virtues that students desiring to start their own business shall improve during their studies? Please give words of advice to KUBS students. I would like to emphasize two virtues: “professionalism” and “positive attitude.” First of all, it is imperative to build your own professionalism. Developing professionalism with insights will help students become global leaders fitting the trend. Once students have made a decision on their business item, they should aim high to become the best in the world. In addition, they should think on their feet to be one step ahead in the market.   Positive attitude is also extremely important. One who only has knowledge cannot become a great leader. Nothing can be accomplished alone. You should endeavor to earn the respect and recognition from your co-workers while working together. One with positive attitude can win the hearts of clients. If you always behave modest and humble, you can become a wise entrepreneur. I will always support our KUBS students on their journey of becoming a great entrepreneur with a warm heart who thinks carefully but act boldly.   
Mar 08, 2016
1,649