• The 60th Year Celebration Banquet for Korea University IBRE
    Celebration Banquet for IBRE
  • KUBS, South Korea's Top MBA for the 6th Consecutive Years
    Korea's Top MBA for 10 Straight Years
  • KUBS Signs International Partnership Agreement with University of Michigan’s Ross School of Business in the U.S.
    International Partnership Agreement
  • KU Achieved the Highest Pass Rate on the 1st Round CPA Exam 2018
    KU, Highest Pass Rate on CPA 1st round
  • Korea University, #1 Private University in Korea in the QS World University Rankings
    KU Outperforms Korean Universities in QS
[2018-1 Global CEO Lecture] “Always Be Prepared for the Worst Case Scenario”…Yeong Yul Seo, CEO of PT.Pratama Abadi Industri
[2018-1 Global CEO Lecture] Yeong Yul Seo, CEO of PT.Pratama Abadi Industri “Always Be Prepared for the Worst Case Scenario” On May 17th, KUBS invited Mr. Yeong Yul Seo, CEO of PT.Pratama Abadi Industri for the special lecture series by Global CEO. The topic of his lecture was ‘The Rule of Opportunity: Opportunity comes to those who devote themselves to something they want’. Mr. Seo is one of our proud alumni (Business ‘69) who is currently the CEO of PT.Pratama Abadi Industri (PT.Pratama). He is a successful CEO who established PT.Pratama in 1989 in Indonesia, the Nike OEM manufacturing business has grown to a big corporation. He was the winner of 2017 KU Alumni of the Year, and he also made a contribution of 300 million won to the Business School. (▶ See Article)     Mr. Yeong Yul Seo started his undergraduate study in 1969, and yet his had to defer his study until later because at first, he wanted to re-take the university entrance exam to go to Seoul National University. “However, I had had comments advised me to take an exam to be a tax officer. On the first attempt I passed the exam, and so I started my career as a tax officer.” Unlike what he planned, looking at friends passed the Civil Service Entrance Examination, he changed his mind to quit his job and started tertiary education 4 years later. “Like every university student, I also studied for CPA exam during my undergraduate years. But I ended up applying for a job at offices because I did not pass the exams.”   Nevertheless, getting a job was not easy for him. Due to the age restriction applied to job applicants, he was not even able to pass the document screening. Daesung Timber Company contacted him one day because his tax officer experience caught their attention. “I came to work on Sundays. I never took breaks. Not that I had overloads of work to do, but I went to the office anyway.” One day he saw a job opening at Saudi Arabia branch of Lucky E&C (now GS E&C) on the newspaper. He decided to apply for it given its 2.5 times higher salary.   Since then Mr. Seo worked for few other offices abroad. While he built his professional career, he met a person from footwear industry which led him to start footwear OEC manufacturing business ‘PT.Pratama Abadi Industri’ in Indonesia. “Inspired by Samsung’s ‘Samsung First Policy’, I named the company ‘pratama’ which is ‘the best’ in Indonesian,” he added. However, he failed to be appointed as the CEO. His effort only reached the establishment phase of the business. “Back then the company took advantage of me. So I rather focused on my other jobs.”   5 years later, PT. Pratama went bankrupt, and this time the company asked for his help. “What they needed was 5 million dollars. I applied for a loan at Indonesian bank, and they accepted my application. Although the bank did not give credit to the company, I was able to prevent bankruptcy based on my credibility.” As a consequence, he was appointed as CEO of PT. Pratama. Since his appointment, the business achieved an exceptional success. For three years in a row, PT. Pratama was evaluated as the top factory out of 48 other Nike distributions in the world. It has grown to a big corporation, with its outstanding annual sales of 380 million dollars, and 30,000 local employees.     As a conclusion of his lecture, Mr. Seo advised the audience to ‘keep in mind what is important’. He explained, “Looking back, my late start of tertiary education, financial difficulties, and all other issues running my business, I believe I was able to overcome all those years because I kept reminding myself what is important.” “By that I mean, it is important to keep in mind and set a goal to be the best in your area.” Mr. Seo also pointed out the importance of setting out a negative mindset, “because you will be able to prepare and prevent the worst case scenario.”   With positive reviews so far, the Business School is expecting the last two lectures of ‘Global CEO Lecture series’ by △ Kyung-Soo Park, CEO of PSK (5/24) △ Young-Sik Kim, President of PwC Korea (5/31).  
May 18, 2018
19
NEWS
Donation to Scholarships of 300 Million Won by Yeong Yul Seo, CEO of PT.Pratama Abadi Industri
Donation to Scholarships of 300 Million Won by Yeong Yul Seo, CEO of PT.Pratama Abadi Industri On 17th of May at the Dean’s Office, the Business School received a contribution of 300 million won by Yeong Yul Seo. Mr. Seo is one of our proud alumni (Business ‘69) who is currently the CEO of PT.Pratama Abadi Industri (PT.Pratama). (From left) KU Vice President for Planning and Budget Jae Wook Kim, KUBS Dean Soo Young Kwon, KUBS Alumni Yeong Yul Seo, KU President Jaeho Yeom, Vice President for Development and External Affairs Byung Hyun Yoo (Picture by Communications Team)   A ceremony for the donation was held at Korea University Main Hall where KU President Jaeho Yeom, KUBS Dean Soo Young Kwon, KU Vice President for Planning and Budget Jae Wook Kim, Vice President for Development and External Affairs Byung Hyun Yoo participated to appreciate the contribution. Mr. Seo commented, “this contribution is to celebrate the 30th anniversary of the start of my business. After today’s donation of 100 million won, I plan to make additional contributions of 200 million won to support my junior students, to broaden the eligibility of scholarships."   After the ceremony for donation, Mr. Seo also gave a special lecture for KUBS students. As a part of the School’s <Global CEO Lecture Series>, he discussed ‘The Rule of Opportunity: Opportunity comes to those who devote themselves to something they want’. In his lecture, Mr. Seo advised the audience that “looking back, my late start of tertiary education, financial difficulties, and all other issues running my business, I believe I was able to overcome all those years because I kept reminding myself what is important.” He also pointed out the importance of setting out a negative mindset, “because you will be able to prepare and prevent the worst case scenario.” ( ▶See Article)     The establishment of PT.Pratama Abadi Industri goes back to 1989 in Indonesia. After starting his career in Indonesia since 1982, his business achieved an exceptional success. The company has grown to a big corporation, with its outstanding annual sales of 380 million dollars, 30,000 local employees as well as 90 Korean supervisors. This Nike OEM manufacturing business made the remarkable achievement within 28 years since the establishment. His business has been contributing a large part of Indonesia's economic development by creating jobs and the acquisition of foreign currencies. At the same time, it takes a large proportion of Korea’s export, achieving an annual total of 30 million dollars of material sourcing from South Korea. Since 1995, KUBS has sent a total of 30 students to PT. Pratama for an overseas internship experience.  
May 17, 2018
22
NEWS
2018 Startup Demo Day ‘CHOO CHOO DAY’, Successful Event with Positive Reviews
2018 Startup Demo Day ‘CHOO CHOO DAY’, Successful Event with Positive Reviews Presentation by 7 Startup Business Groups Korea University Business School (Dean Soo Young Kwon)’s Startup Station (Director Prof. Hicheon Kim) opened a startup demo day event called ‘2018 Spring CHOO CHOO DAY’ on May 11th, at Supex Hall, LG-POSCO Building. After 6 months of the structured training program, business groups at Startup Station presented their progress on the demo day event. Over 200 guests including potential investors, prospective entrepreneurs participated in this startup event. Dean Soo Young Kwon encouraged the startup groups, “I could see all the hard works and efforts you made during last 6 months. I believe this demo day event must have made you feel rewarding. I strongly hope that today is another big step of the success of your business.” Vice President of GoVenture Forum also said, “today I saw a bright future of the startup industry”. On the demo day, 7 startup teams from KUBS Startup Station participated in the presentation. Each team had a brief 10 minutes’ presentation on the progress of their product and services. The 7 teams are as follows. △‘Woot’: regional based micro community service for single person households △’UX (User Experience)’: cloud-based tool for designers △‘Whale Company’: prospective business in the fragrance industry △‘D&I PARVIS’: ‘Task Assisting AI’ technology for professionals with complicated tasks △‘RoBotry’: learning tool for mechanic engineering and robotic coding △‘IoPET’: health checkup kit for aged pets, assisting a diagnosis of the 5 most common pet diseases and illnesses △‘Dreamary’: online platform connecting apprentice hairdressers and clients looking for reasonable priced service. One of the 7 startup groups, Woot’s CEO Mr. Joon-Hye Park commented, “It was such a lot of work coming to this point. It is very rewarding though, and I would like to thank all the support we received. I wish our presentation today made sense to many of you here.” CEO of RoBotry, Mr. Sang-Wook Ahn also added, “Regardless of what today’s event will bring about, we learned a lot preparing for this event. It was challenging but now I think I know where my business should be headed.”
May 15, 2018
38
NEWS
Emeritus Professor Yoon Dae Euh Made a Donation for Exchange Students to Stephen M. Ross School of Business, University of Michigan
Emeritus Professor Yoon Dae Euh Made a Donation for Exchange Students to Stephen M. Ross School of Business, University of Michigan Korea University Emeritus Professor Yoon Dae Euh (Business ’63, the 15th President of Korea University) made a contribution of 50 million won. The donation will be named as ‘Euh Yoon Dae Friendship Scholarship’, and it will be used to finance round-trip fare of exchange students to Stephen M. Ross School of Business, the University of Michigan in the U.S. ▲ Emeritus Professor Yoon Dae Euh (Business ’63, the 15th President of Korea University) Emeritus Professor Yoon Dae Euh served as the 15th President of Korea University for 4 years from 2003. One of his main achievements during his term was ‘Global KU Project’. This donation is also a part of his project as improvement of KUBS to ‘Global Business School’, by supporting students to spend their exchange semester at the University of Michigan’s Ross Business School. Emeritus Professor Yoon Dae Euh commented, “I hope this will be another big step facilitating exchanges between KUBS and Michigan Ross”. Korea University Business School signed international partnership agreements with University of Michigan’s Ross Business School. It is expected that the agreement would promote academic exchanges and cooperation between the two institutions. KUBS students are now eligible to participate in the exchange program at Stephen M. Ross School of Business, University of Michigan, depending on the number of incoming students from Michigan Ross.   ▶ [See Article] 'KUBS, International Partnership Agreements with University of Michigan's Ross Business School'◀  
May 15, 2018
37
NEWS
“We Would Like to Thank Our Colleagues Who Are Always Willing to Cooperate”– Interview with Winners of 2018 Outstanding Staff Contribution Awards
“We Would Like to Thank Our Colleagues Who Are Always Willing to Cooperate” - Interview with Winners of 2018 Outstanding Staff Contribution Awards: Assistant Manager Sung Pyo Jang, Senior Staff Yong Ki Kim  - Celebrating Korea University’s anniversary, the List of 2018 Outstanding Contribution Awards for Administrative Staffs has been announced. Awardees from the Business School are Assistant Manager Sung Pyo Jang and Senior Staff Yong Ki Kim. We met for an interview with our proud winners. △ Assistant Manager Sung Pyo Jang, Senior Staff Yong Ki Kim Q. Could you briefly talk to us about yourselves, please. Sung Pyo Jang (JANG)  |  I started my career at Korea University in March 2000. I was first appointed to Information System Development Department of the Office of Information & Computing for 16 years. Then I was appointed to the Business School in March 2016, now I am in charge of human resources of the faculty, research, and other undergraduate administrations.   Yong Ki Kim (KIM)  |  I started my career at Korea University in 2009 at the Office of General Affairs. Then I was appointed to the Business School last year. I am responsible for building security, hygiene, and facilities maintenance. Q. Could you tell us how you feel about the award? JANG  |  Very happy, thanks for asking. It means a lot to me since it is the second year after the appointment to the Business School. At the same time, I know it is not an award just for me; it is for my amazing team and all other staffs at KUBS who are always willing to cooperate. We have very talented and enthusiastic staffs at KUBS administrative offices, I would like to attribute the award to my colleagues. KIM  |  I feel exactly the same. I didn’t know what to say. It was a nice surprise, really. I was very happy the first day I heard the news, but then it turned to heavy responsibility the day after. Like ‘the carrot and the stick’, I consider this award is ‘a carrot’ that makes me remind of ‘a stick’ to keep on a hard work. Q. What do you think has most attributed to the award? JANG  |  During my 2 years at the Business School, I was in charge of the evaluation of the School, renovation of Business School buildings and setting up information system of KUBS. I assume they gave credits on my performance on those. I remember I said ‘I will do my best’ on the official appointment to the Business School. And I did my best to keep the words I said. I would not be able to complete the works if it hadn’t for my colleagues. I would like to thank them again. KIM  |  A lot of my works at Business School requires me to work individually, not as a team, which made me feel under pressure sometimes. So I tried to proceed tasks straight after I got requests. I also tried my best not to forget the issues that have been raised regarding my duties. I felt quite heavy responsibilities and sometimes I was not sure if I would be able to complete the tasks successfully, to be honest. But thanks to all the support from executive manager, assistant managers and staffs at KUBS, I was able to move on.     Q. What do you think an ideal university administration is? Could you share with us of your thoughts on administration at university? JANG  |  Administration at universities is different from that of private organizations. In general, the purpose of firms is to maximize profits, but that is not necessarily the case for universities. Therefore, the role of staffs at universities is not the same as that of private organizations. I think the willingness to provide service is very important for administrative staffs at universities. After all, one of the most important duties of university staffs is to support faculty members to provide quality education to students, and students to maximize their learning experience at the university. So I think administrative staffs must be committed to best quality services to faculty and students. From small things like greeting the visitors with a smile, for example.   KIM  |  That’s a very difficult question. I think what is important for groups and organizations is to cooperate, and willing to support your colleagues. I think that’s what makes an ideal organization. You know how people say ‘people come first’; I believe caring people around you leads to the most ideal outcome for an organization. Q. Do you have any last word you would like to share with administrative staffs at KUBS? JANG  |  We have very talented staffs, enthusiastic and always put first what is best for the School. I should mention that I feel lucky to be able to work with such inspirational colleagues. I like the phrase ‘best of luck’, although I know that luck comes to those who look after it, who make the best effort. I am sure luck will come to those who keep the hard work.   KIM  |  I would like to thank my colleagues as well. At first, everything was new to me, which made me lost quite often. But thanks to my colleagues at KUBS I feel grateful coming to work every day. I hope we could maintain the close network and look forward to many more chances to be close to each other in the future.  
May 16, 2018
26
“Top MBA Program Specialized in Asian Economy”… Interview with the 10th S³ Asia MBA Students
The 10th S³ Asia MBA Continuing Students: Do-Yoon Kim, Prakriti Khanna, JoongKyu Ahn “Top MBA Program Specialized in Asian Economy”   S³ Asia MBA at Korea University Graduate School of Business is a program offered by 3 business schools in Asia: Fudan University, China; National University of Singapore, Singapore; and Korea University. This 3 semesters program allows students to spend each semester in 3 different countries in Asia, which will be a unique cultural experience for them to be regional specialists. We met 3 AMBA students to hear their thoughts about the MBA program and their business plans in Asia region.     Q. Could you briefly tell us about yourselves. Do-Yoon Kim | My name is Do-Yoon Kim, I am taking AMBA program. I am a Korea University graduate, majoring in life science. I have worked for ‘Korea Tooth Bank’ nearly 3 years before I started my MBA. Prakriti Khanna | I am Prakriti Khanna, I am from India. I used to work for Deloitte, back in my country for 2 years. JoongKyu Ahn | My name is JoongKyu Ahn. I have 9 years of experience at Nexon. I was a part of management team at the online game company.   Q. Could you tell us how you started your MBA? What was the reason that you chose S³ Asia MBA? Do-Yoon Kim | In fact, I was thinking of taking MBA abroad. Then I read about AMBA on the University’s newsletter. I was fascinated by the fact that you can graduate with 2 degrees, one from KUBS and the other from either Fudan University or NUS, within one and a half year. Since I am interested in the Asian market and looking for a job in Asia, I knew AMBA is just the right choice. Fudan University and NUS are both renowned universities, so I assumed the courses would be very rewarding too. Prakriti Khanna | I applied for the MBA because I wanted to pursue a different specialty. When I worked for Deloitte, my specialty was in private equity. However, I have been wanting to learn more about investment. I thought that I need to build a strong background in finance, as well as entrepreneurship and management in general. So AMBA seemed to be perfect to fulfill my academic interest, not to mention I get to take courses in 3 different cities during the program. JoongKyu Ahn | I thought the best thing about AMBA is that it is guaranteed that you spend semesters in 3 different countries in Asia. Unlike exchange programs, you do not have to have research or prepare applications for your overseas study experience. After graduation, I would like to work for IT or FinTech companies in Singapore.         Q.  From what you’ve experienced, what are some of the strengths of AMBA? Do-Yoon Kim | KUBS’s AMBA offers small-sized classes, compared to other MBAs. There are 21 of us now, the 10th AMBA Class. Also, I need to point out that you get one and a half year in 3 different cities, with your 21 AMBA classmates. You build a very special and strong bond with classmates from diverse cultural backgrounds. In particular, I remember times when I counted on Chinese or Singaporean students when we went to their countries. I should also mention one of the courses <Asian Business Insights>. The course opens at the three universities, which allows you to visit business organizations there. It is a great chance to learn business practice in Asian countries. Prakriti Khanna | During the program you stay in different cities which can be tough, but at the same time, I think that is one of the best things about AMBA. For a year and a half, you get used to one place and then move to the next city. Apart from the classes, the program gets you to learn how to adjust and live in a new place. And spending times abroad with my classmates has made us build close relations. As Do-Yoon pointed out, because of the small-sized class the teaching quality was very outstanding too. JoongKyu Ahn | Korea University, Fudan University and NUS were each established in 1905. They are all renowned institutions with a long history. So during the program, you will be able to learn from recognized teaching staffs. The universities provide diverse student supports including career development programs, too.     Q. What sort of support does AMBA offer in terms of student network? Do-Yoon Kim | Basically you will start your first semester at Fudan University, where you attend an additional orientation at the beginning of the semester. Besides an orientation held at Korea University, you meet classmates from diverse backgrounds on the orientation day. Also we have AMBA Alumni Association where professors also participate in the regular events. Prakriti Khanna | For the semester held at Fudan University, we take courses with International MBA students at Fudan University. During orientation sessions, we got to know each other and got closer during the semester. We also had other events held for us at Fudan University as well, which I assume this is pretty much how it will work on our next semester at NUS. JoongKyu Ahn | As Do-Yoon mentioned earlier, I think the Alumni Association is one of the strong student network offered by AMBA. In addition, there are alumni associations of Fudan University and NUS in Seoul, which AMBA alumni are also part of. In addition, there is an MBA association of 8 universities in South Korea, which AMBA alumni are eligible to be members. So overall we have 5 to 6 alumni events in a year, and they hold very great events.   The AMBA 10th Students, at Fudan University (Picture by = JoongKyu Ahn)   Q. You completed your first semester at Fudan University. Any thought on courses or life in China? Do-Yoon Kim | I don’t speak fluent Chinese, so my classmates helped me a lot. Also two of my roommates speak fluent Chinese, which was a relief. During the first semester, my Korean classmates supported each other a lot, and my friends from China gave us great help as well. Since we attend lectures together with International MBA students at Fudan University, they helped AMBA students a lot, too. Prakriti Khanna | I was pretty satisfied with the courses in general. I liked <Managerial Communication> and <Managerial Economics> in particular. The teaching staffs were really amazing especially my economics professor. I was happy with <Financial Accounting> as well, because the professor often referred to practical examples in the lectures. As regards life in general, I think modern facilities in China were very impressive too. The only issue was my language fluency, I am not fluent in Chinese and it was an issue at first. However, I got used to it and I was able to complete my first semester in China. JoongKyu Ahn | I was actually pretty impressed by the country in general. It was my first time visiting China, and it was so different from what I had in mind. For example, I was surprised how dynamic and international Shanghai is. I was also surprised to how pervasive mobile pays are in China – you can make payments even at stalls on the street via WeChat or Alipay.     Q. How do you feel about your current semester at Korea University so far? Prakriti Khanna | Pretty good, actually. I feel international students in our class find it easier to catch up with classes this semester, compared to last semester in China. Korea University offers Korean language programs and people in Korea understand English well when I get stuck with my Korean. My Korean friends took me to cultural events as well, such as cherry blossom festival and other social events. It is also great that sometimes you can have lunch or dinner with your professors here; it is great to talk about things other than the course. I am also very satisfied with the fact that I can learn from the teaching staffs who have degrees from world-renowned universities.     Q. Do you have any advice for those who are thinking of taking AMBA? Do-Yoon Kim | The best thing about AMBA is that you build unique and strong relations with classmates. You will be able to learn a lot from your experience living in 3 different cities. Prakriti Khanna | I am aware that there are thousands MBA programs out there. However, two things need to be taken into account: ‘what do you want to learn from MBA’ and ‘your career plan after your MBA’. Since each MBA has a different emphasis, you need to have a close look before applying. JoongKyu Ahn | I would advise you to focus on ‘what made you consider taking MBA’. If you can answer that, work on your new plan as soon as possible. I have spoken to an MBA student from Italy back at Fudan University, (s)he was 23 years old which is quite an early age to start an MBA. I guess as long as you have a clear sense of goal, the earlier, the better.   [AMBA] Click here to see the full interview   
Apr 19, 2018
164
[Global MBA/MIM] “A Wide Variety of Pathways Meeting a Variety of Student Needs”
[Global MBA/MIM] “A Wide Variety of Pathways Meeting a Variety of Student Needs”   “When I was looking up for MBA programs in South Korea, I paid attention to how Korea University’s MBA is well-organized and adaptable to business practice in reality. In particular, Global MBA’s Dual Degree Track seemed to have the perfect curriculum that I was looking for.”   “The unique degree pathway offers you to graduate with 2 MBA degrees from 2 universities – one from Korea University and the other from overseas university, after the completion of 1 year at each institution.”   “ESCP is one of Grandes Écoles, 3 best business schools in France. It is such an honor to be able to learn and graduate with an ESCP degree.”   [Global MBA/MIM] Click here to read the interview of Mr. Seok-Hyun Lim, Dual Degree Track    “You will be able to learn the business operation of multinational corporations with students from diverse backgrounds.”   “There is a requirement that at least one institution per a nation joins CEMS Alliance. Japan’s CEMS partner school is Keio University, which is lucky for me because I have always wanted to study at Keio University.”   “Global MIM allows students to meet and network with students across the world: Europe, South East Asia, and Japan. I am sure this wide network will be a great foundation for my business.”   [Global MBA/MIM] Click here to read the interview of Mr. Woo-Jae Byun, CEMS MIM  
Apr 19, 2018
42
KUBS’s CPA Preparation Program ‘Jeongjincho’ Achieved a Remarkable Outcome
KUBS’s CPA Preparation Program ‘Jeongjincho’ Achieved a Remarkable Outcome Highest Pass Rate on 1st Round CPA Exam KUBS is proud to inform you that the School achieved the highest pass rate in the country on the first round Certified Public Accountant (CPA) exam 2018, far outstripping other universities in South Korea. The 1st round result of 53rd CPA exam has been released on March 16. On this exam (February 11), Korea University has produced a total of 187 successful 1st round CPA candidates. This achievement reaffirms KU’s position as the best institute for nurturing certified public accountants, especially by the support of a CPA prep program called ‘Jeongjincho’. (▶See Article) Korea University's business school runs the largest CPA preparation study group, Jeongjincho. Located on the third floor of the KUBS Main Building, Jeongjincho provides the best environment for students to focus on their studies. Jeongjincho offers a variety of learning materials including textbooks and lectures. The group also provides chances for students to meet with our alumni who passed CPA and currently work as accountants to give advice and support a strong network. Below is an interview held with academic advisor of Jeongjincho, Professor Han Sang Yi and Jeongjincho manager, Ha-Rim Oh (Business’11, CPA 52nd) about Jeongjincho.   Jeongjincho Academic Advisor, Professor Han Sang Yi and Manager, Mr. Ha-Rim Oh   Q. Korea University achieved the highest pass rate on the first round of 53rd CPA exam, what do you think was the secret to our students’ remarkable result on the exam? Professor Han Sang Yi | In fact, the first round exam was more difficult than we expected. On challenging exams like this, the key to success is to keep calm – don’t panic, do the best you can do. I guess this was not an issue for our students though, because Jeongjincho students were well-prepared to solve challenging questions.   Q. You mentioned that Jeongjincho has contributed to the Business School’s outstanding performance on the exam. Could you tell us more about Jeongjincho? Professor Han Sang Yi | Sure, basically the first round CPA exam is held at the end of February and the second in June. Jeongjincho, therefore, opens applications after each round; 2nd round preparation group in March, a short-term intensive study group from July to August, in addition to 1st round preparation group from September. Applicants go through a thorough selection process, like a national archery team, and we select 69 students in the order of their performance on the entrance exam. Mr. Ha-Rim Oh | Once admitted, Jeongjincho students can participate in our structured training program. Students admitted on March should sit on practice exams held every month to prepare for the second round exam. Candidates must be prepared for 4 subjects on the second round CPA exam: Tax Law, Financial Management, Cost Accounting, and Financial Accounting. They take an exam on additional subjects, accounting audit. So it is indeed a very demanding exam to prepare. Students are asked to leave the group if they do not achieve satisfactory grades. Students admitted in September also go through practice exams and classes. Although it is a demanding program, our students stick to the end, building a strong bond among the group. Just so you know, you don’t necessarily have to be a business student to enter Jeongjincho, as long as you are a Korea University student who is willing to study for CPA exam.   Q. How exactly the Business School support Jeongjincho? Could you give us details, please? Mr. Ha-Rim Oh |  To start off, the School provides studying area to each of 69 students. Students gain access to a range of learning materials – about 40% of online class fees are supported by KUBS. More importantly, Jeongjincho students can receive the scholarship up to 15 million won per annum, funded by accounting firms. The scholarship goes to 10 distinguished students every year. Jeongjincho students also have free access to the key textbooks and reading materials.   Jeongjincho Student supports is open to non-members as well. Any Korea University students can gain full access to updates of CPA exams and information sessions or job openings at accounting firms. If you add us on Kakao Talk Plus, you can receive information about signing up for classes and practice exams. Please note that accounting firms sometimes conduct information sessions in private, of which you can get updates from us. Practice CPA exams are available free of charge to all Korea University students. Mr. Ha-Rim Oh, Manager of Jeongjincho Q. What is the most challenging part for students preparing for CPA exams? Can you give any advice? Professor Han Sang Yi | Exam preparations are like a battle against yourself. Especially exams that demand long-term preparation, you feel vulnerable, unsure and weak, apart from external factors such as relationships. Seeing students’ struggle every day, I feel resilience is the key to success in exam preparation, being able to continue their steady work. Mr. Ha-Rim Oh | Back in my exam preparation days, the most challenging part was when the exam is getting close. I was exhausted mentally and physically, but that was when support from my friends at Jeongjincho helped me get over a hard time. Once I got improved grades right before the second round exam, I felt myself back on track, and I was able to keep it positive until the end.   Q. (To Professor Yi) What do you think makes a great accountant? Can you think of any personality traits or skills that are best-suited for the job? Professor Han Sang Yi |  In general, disciplines in business administration look at how to achieve their goal or maximize profit, if you like. They are quite one-dimensional compared to accounting. In accounting, sticking to its principle (convention of conservatism) brings about social benefits as well. That is why in the U.S., the term ‘public accounting’ is widely used for accountants who work at accounting firms. Apart from careers in public sectors, not many people put ‘public’ on their job titles. Accounting however is closely connected to public interest, so I think the society needs individuals with integrity and strong responsibility as accountants.   Q. Could you give us any other advice on students who prepare for CPA or who is thinking of CPA preparation? Mr. Ha-Rim Oh |   If you are thinking of CPA exam, I suggest you work on it. I presume the reason a lot of people feel they are not ready yet is because of the uncertain nature of exam preparation; that there is no finite duration of the exam preparation. They are worried that the amount of time they spent on exam preparation does not come to a good end. Nevertheless, I can assure you that regardless of the result, it will be worth the time spent. On a survey conducted by the Financial Supervisory Service, generally, it takes 3 to 4 years to pass the CPA exam. CPA preparation will be a great way to start off careers other than the accountant, so I would strongly suggest you prepare for the CPA exam. CPA is highly applicable to other professional areas.   Professor Han Sang Yi |   You know how accounting is often referred to as the language of business. I think it would be nice for any individuals to have some levels of accounting background, especially those in business, law or other public sectors. Accounting is crucial in the capitalist society – it is the foundation of decision making, performance evaluation and the distribution of resources. Moreover, people pay more attention to STEM these days (Science, Technology, Engineering, Mathematics). I guarantee you will not lose anything by studying accounting and statistics.    
Mar 28, 2018
203
“Apply for Global MBA Now”
“Apply for Global MBA Now”   Korea University Business School’s Global MBA (GMBA) has a growing reputation as one of the best MBA in Asia. <MY KUBS> met Oliver Hanearl Yi, Hyo-Jin Chang, and Mohit S. Gill to hear their stories at Global MBA.      Q. What was the reason that you chose to study MBA at Korea University? Oliver |  I finished my undergraduate study in the U.S., and I came here to start my MBA to learn business studies in depth that is applicable to my career. I wanted to come study in South Korea because of my Korean background.    Hyo-Jin |  while working in the marketing industry, I wanted to study other disciplines of business studies. After doing my research, I applied to the renowned MBA program at Korea University.   Mohit |  I studied marketing back in Canada. I wanted to learn business administration in depth so that I can pursue more specialized career. Thinking that Korea University offers distinguished quality of teaching, I came to Korea University.     Q. Studying at Korea University, what do you think is the best thing about GMBA? Oliver |  I was pretty impressed by the strong bond you build between students, and with alumni. If a strong network is something you are looking for, I would suggest you to definitely choose GMBA.   Hyo-Jin |  I am aware that MBA programs in general take up to two years. Korea University GMBA, however, is a one-year course, so I am sure an intensive one-year program is very efficient time-wise.   Mohit |  During the program you take 6 modules in a year. It is intensive but quite rewarding too. I would also like to point out the fact that we can take specialized courses from Module 4.     Q. What do you think is the most important factor to take into account when choosing a MBA program? Oliver |  Definitely the duration of ‘time’ you want to invest on your study. Generally, people who consider enrolling in a MBA already have professional experience, so the duration up to 2 years can be a long time. In addition, I think ‘quality of teaching’ is another important factor too.   Hyo-Jin |  If you are thinking of taking a MBA program, I would suggest 3 things to consider: ‘time’, ‘effort’, and ‘cost’. Since GMBA is a full-time program, you will need to quit your job to study. That is one whole year of studying so you do not want to waste any minute of it. I guess it is important to also keep in mind that you need to build a network with other students and focus on your study at the same time. When I was doing my research on MBA programs, I found that GMBA is cost and time efficient than MBAs at overseas institutions in general. So I think it is important to choose a program that is reasonable in many aspects.   Mohit |  I think it is important to focus on what you want to achieve from studying MBA. For example, I wanted to learn practical knowledge that is applicable to my professional experience, rather than focusing on theoretical aspects. That was one of the reasons why I came to KUBS, and I am pretty satisfied with learning about sales and marketing strategies of corporations in Korea.     Q. Could you briefly share your plan after graduation? Oliver |   I am thinking of going back to America joining the family business, or I would like to find something in South Korea. I am looking for a career in entertainment or cosmetic industry.   Hyo-Jin |   I would like to work at foreign affiliated companies. I used to work in marketing, but while studying I thought business strategy or finance might be interesting too.   Mohit |   My goal is to work at multinational corporations. I am looking forward to work in Asian market. I prefer Korean companies that has overseas branch, but I think a career in Japan, China, or Singapore would be great too. I am pursuing a career in brand marketing.     Q. Could you please give a last advice to our readers who are considering GMBA? Oliver |   I would strongly suggest you to keep an open mind; it is always nice to try new things. I guarantee it will be a great opportunity to meet and network with others.   Hyo-Jin |   If you are thinking of studying MBA, stop thinking and make your application. You will be able to experience a very unique and interesting culture during your study at Korea University too.   Mohit |   I recommend GMBA at Korea University because apart from anything else, you can build a strong connection in Korea. If you would like to engage in Korean culture while you study, it is Korea University you need to apply to.
Mar 22, 2018
307
[Interview with a PhD Holder] “Strong Support from KUBS’s Excellent Research Environment and Network”
Interview with a PhD Holder  “Strong Support from KUBS’s Excellent Research Environment and Network”  Dr. Eun-Mi Kim (International Business '13)     Dr. Eun-Mi Kim, a PhD holder from KUBS (Academic Advisor=Professor Insik Jeong) has been appointed a full-time academic staff at Pusan National University. Below is the interview held with Dr. Kim.   Q. Could you tell us why you decided to start your postgraduate study? From my undergraduate years I have always wanted to study postgraduate degree, unlike friends of mine who were looking for job opening at companies. I wanted to work at universities to do my research, hopefully support student’s research one day, and assist student’s career paths as well. I chose International Business based on my undergraduate study and overseas company visit experiences. At the end of the first year of my postgraduate study, I transferred to integrated MS/PhD program to continue my study.   Q. What is good about doing your postgraduate study at universities in South Korea? I think the best thing about doing your master’s or doctor’s degree in South Korea is the strong network you can build during your study. It gives you a great support like when cooperating on your thesis. Also if you attend conferences, you can meet and network with professors from universities in Korea, which will be a great help in your academic life.   Q. What were the benefits of doing your postgraduate study at Korea University Business School, in particular? In many ways, actually. First off, I have had brilliant professors I can look up to, both academically and personally. Also KUBS provides the most updated facilities and learning resources available in South Korea. In addition, the School have a range of scholarships available to candidates, some of them offer candidates’ living fee during the study as well. Thanks to the scholarship support I was able to complete my study, putting aside financial issues. The School’s funding for international symposium once a year also gave me great chances to broaden and improve my research.   Q. What was the biggest obstacle you had to overcome during your PhD study? And how did you cope with the difficulties? I am sure it is the same for all PhD candidates: working on your thesis. As I went through editing, I got more and more skeptical about the whole idea, feeling doubtful. You get afraid of meetings with academic advisors and the academic board, but for me thankfully, they were the ones who gave me the greatest support and help. They encouraged me and gave me useful advice every time I am in trouble. I would like to thank them again.   Q. What do you think was the biggest factor in your appointment as an academic staff? I would say it’s the research performance. It varies with institutions but generally your performance is determined by quantitative and qualitative assessments. So basically you are good to go, if you could maintain above 300% of your research performance for 3 years, and publish your works on SSCI journal. If you could check Hibrain.net regularly and be familiar with the requirements, you should be able to reach your goal.   Q. Could you give a last advice to undergraduate students who pursue an academic career? I would suggest you to consider a broad range of career paths, not limited to academic staffs. I know many of you might be comparing the opportunity cost of studying for a long period. However, I can assure you that in the long run you can’t be worse off, because you end up with a career that is stable and allows you to do your own research. I highly recommend you to take a postgraduate degree. I know brilliant professors here are willing to support you during your study.  
Mar 22, 2018
261