• Recruitment for 2015 fall semester Global MBA Program
    Recruitment for 2015 fall semester Global MBA Program
    Recruitment for 2015 Global MBA

     

    Online Application: April 30th(Thu.) 17:00 KST

    Document Submission: April 30th(Thu.) 17:00 KST
     

  • KUBS Earns 2nd Consecutive 5-Year AACSB Re-Accreditation
    KUBS Earns 2nd Consecutive 5-Year AACSB
    The Korea University Business School (KUBS) has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting.
  • World-Class Facilities
    World-Class Facilities
    World-Class Facilities

    KUBS offers world-class educational facilities in three buildings equipped with the latest technology and effective infrastructure. With the new Hyundai Motor Hall, completed in 2013, KUBS plans to become a benchmark university of Korea and beyond.

  • Becoming Global with Korea's Best
    Becoming Global with Korea's Best
    Becoming Global with Korea's Best

    As the best in Korea, KUBS strives to become an ever more attractive place for academics and students from around the world.

  • KUBS opens a permanent liaison office on the campus of KEDGE BS Bordeaux
    KUBS opens a permanent liaison office on the campus of KEDGE BS Bordeaux
    KUBS opens a office on KEDGE

    "The partnership with KUBS opens the way to a strategic alliance which KEDGE BS intents to organise at the global level with a few targeted top rank universities", Philip McLaughlin, Dean of KEGDE BS, announces.

[일반대학원] 2015학년도 1학기 학위청구논문 심사 안내
2015학년도 제 1학기 일반대학원 학위청구논문 심사 안내   가. 주요일정 및 관련 사항    - 2015학년도 1학기 부터 학위청구논문 심사를 인터넷으로 신청하고 서류제출기간에 관련서류를 학사지원부에 제출   1) 학위청구논문 심사 인터넷 신청기간     - 1차 신청기간 : 2015년 2월 23일(월) ~ 3월 13일(금) 16:00     - 2차 신청기간 : 2015년 3월 23일(월) ~ 4월 15일(수) 16:00   2) 신청방법 : 포탈로그인 > 학적/졸업  > 논문심사  > 학위청구논문심사 신청   3) 등록금납부기간 (수료연구등록금)        수료연구등록금 고지서 출력하기 ☜     - 1차 등록기간 : 2015년 3월 18일(수) ~ 3월 20일(금) 16:00     - 2차 등록기간 : 2015년 4월 20일(월) ~ 4월 22일(수) 16:00    4) 심사료 : 인터넷심사신청 기간에 신청을 하고 심사료 납부기간에 심사료고지서를 출력하여 하나은행에 납부함.       * 세종캠퍼스소속의 학과는 가상계좌가 아닌 지정된 계좌로 납부하며 입금시 입금자명을 성명+학번 끝 3자리로 함.   5) 심사료 납부기간 : 2015년 4월 17일(금) ~ 4월22일(수)       소속대학 은행명 계좌번호 소속대학 은행명 계좌번호 법과대학 하나 가상계좌 디자인조형학부 하나 가상계좌 경영대학 하나 미디어학부(언론학과) 하나 문과대학 하나 문화재학협동과정 하나 생명과학대학 하나 의과대학 하나 정경대학 하나 보건대학 하나 이과대학 하나       공과대학 하나 인문대학 하나 670-910018-45805 사범대학 하나 과학기술대학 하나 670-910018-33805 간호대학 하나 경상대학 하나 670-910018-39605 정보통신대학 하나 약학대학 하나 670-190505-02705   나. 논문심사신청서류 제출   1) 제출기간 : 4월 21일(화) ~ 4월22일(수)  *심사 신청 시 학위별 제출 양식 석사: T-1, 2, 3(외부심사위원 없는 경우 제외), 4, 5, E-01, 심사용가제본(혹은 제출 확인서), 심사비 송금 영수증 박사: D-1, 2, 3, 4, 5, 6, 8, 9, 11, 12, 14, 15, 17, 18, E-01, 심사용가제본(혹은 제출 확인서), 심사비 송금 영수증      : 위의 '학위별 제출 양식'을 경영대학 학사지원부(경영본관 103호)에 제출     ① 심사위원 추천서 및 심사위원 명단은 지도교수님이 작성     ② 심사신청서에 담당자 확인 및 학과주임 확인은 경영대학 학사지원부에서 처리함     ③ 심사용 논문 1부는 지도교수님께 직접 전달, 나머지는 경영대학 학사지원부에서 심사위원께 전달함           심사용 논문이 완료되지 못했을 경우, 첨부파일의 '심사용 논문 제출 확인서'를 제출,           이후 심사용 논문을 각 심사위원께 직접 제출해주시기 바랍니다.     ④ 논문심사신청서는 인터넷 신청후 출력     ⑤ 심사신청서 및 심사결과보고서의 첫페이지부터 마지막 페이지까지 모두 경영대 학사지원부에 제출하면 학사지원부에서는 안내문 또는 심사용논문과 함께 심사위원장과 심사위원에게 심사결과보고서 부분을 전달함   구 분 석 사 박 사 비 고 심사용 논문 1. 지도교수 각 1부 2. 소속대학 학사지원부(팀) 2부 1. 지도교수 각 1부 2. 소속대학 학사지원부(팀) 4부 假製本 논문 학 위 청 구 논 문 양 식 심사신청서 및 제출승인서 인터넷 신청 후 출력     심사신청서   인터넷신청 후 출력   제출승인서   1.추천요지는 지도교수가 작성 2.지도교수, 동일학과교수, 학과주임 날인 별도양식 심사위원 추천서 1.추천은 지도교수가 함 2.지도교수, 학과주임 날인 별도양식 외부심사위원 주소록 인적사항, 은행명(계좌) 등을 정확히 기입 심사료지급 관련 심사결과보고서 청구학위, 학과, 학번, 지도교수, 전공, 성명, 논문제목을 기록 심사위원장이 작성 첨 부 물   SCI급 국제저명학술지나 한국연구재단 등재지 및 후보지(비자연계) 게재 증명서 1부(2009년 9월 입학자부터)   주민등록초본(입학 후 군필자에 한함) 학위청구논문 연구윤리 준수확인서(소정양식) 심사료 일 반 150,000원 500,000원 가상계좌 납부 학연산 200,000원 600,000원   다. 논문심사 결과보고서 및 심사요지 등 제출 : 6. 12(금)까지    - 최종 논문심사 완료 후 심사위원장이 심사결과 및 심사요지를 기재하여 소속대학 학사지원부(팀)에 제출함. 라. (도서관홈페이지)논문업로드 : 2015. 6. 22.(월) ~ 7. 3(금) 이용자서비스>학위논문제출">http://library.korea.ac.kr>이용자서비스>학위논문제출                                                                                             마. (도서관)완제본논문 사본, (소속대학학사지원부)완제본논문 속지복사본 제출    : 2015. 7. 2(목) ∼ 7. 3(금)   바. 유의사항   1) 완제본논문 작성요령      : 지식기반포탈시스템(Kupid)의 「지식관리>기획지식>규정>학칙」 및 대학원홈페이 지의「학사안내 >학칙 및 제규정 > 일반대학원 시행세칙」에 있는 ‘일반대학원 시행세칙’ 제 7장 ‘학위논문 제출 및 심사’ 참조. (판형은 4・6배판임)   2) 접수된 논문심사신청서 및 심사료는 반환이 불가능함.   3) 논문제목 변경      : 완제본논문과 ‘심사결과보고서’의 논문제목이 일치하여야 하며, 변경시 심사결과보고서’ 의 제목을 수정하고 심사위원장이 날인하여야 함.   4) 완제본 논문제출       ① 도서관 홈페이지(http://library.korea.ac.kr)의 「이용자서비스>학위논문제출」에 논문을 Up-load 하고, "학위논문제출 확인증"을 출력하여 지정된 도서관에 "완제본논문"을 제출 후 확인증에 날인 받음.       ② 소속대학 학사지원부(팀)에 ‘학위논문제출 확인증’, ‘완제본논문속지 복사본’을 제출.   5) 제출기한 엄수      : 제출기한을 넘긴 심사서류와 완제본논문은 접수하지 않으며, 2015년 7월 3일(금) 까지 ‘학위논문제출 확인증’, ‘완제본논문속지 복사본’을 제출하지 않을 경우 불합격으로 처리함.     2015. 2.   대 학 원 장  
Apr 17, 2015
12
MS PhD
2015-1 Sexual Harassment Preventive Course Schedule and Registration
2015-1 Sexual Harassment Preventive Course Schedule and How to Register     텍스트 또는 웹사이트 주소를 입력하거나 문서를 번역하세요. 취소 gyeong-yeongdaehag-eseoneun choegeun gyonaeoeeseo balsaenghago issneun seong-gwanlyeon sagoleul sajeon-e bangjihayeo, KUBS wisang-e geolmaj-eun pum-wiwa neunglyeog-eul gajchun chamdoen injaeleul yugseonghagi wihayeo 2015hagnyeondo 1haggibuteo yangseongpyeongdeung-gyoyug-eul sihaenghagoja habnida. yangseongpyeongdeung-gyoyug-e daehan gongjisahang-gwa iljeong-eul alaewa gat-i annaehaoni jal ilg-go, sajeonchamgasincheonghasigi balabnida. 다음 언어를 번역: 한국어 Google 번역 개선에 참여해 주세요. On the purpose of preventing sexual harassment that occurred in the campus, KUBS has started to provide the course 'prevention strategy to sexual harrassment' from the first semseter of 2015. Please find the guidance and schedule below, pre-register the course.     <Guidance>   - KUBS provide the certificate issued by Dean of the Business School after the course. - Taking this course is compulsory for all students who plan to apply for KUBS programs such as scholarships, overseas internships, exchange students and etc.  - Students should submit the certificates when they apply for the programs. - Please do not lose the certificates. < Schedule > Date Time Subject Lecturer Participants Place Register 4/28(Tuesday) 18:00~19:00 How to prevent sexual harassment in the campus(English Lecture) Jungmin Roh (Gender Equity Center) 1~4 year LP Supex Hall Click           ※ Please receive the certificates after the course. 
Apr 17, 2015
30
CDC
Outbound Exchange Student Information Session for the 2nd Semester of 2015
Outbound Exchange Student Information Session for the 2nd Semester of 2015
Outbound Exchange Student Information Session for the 2nd Semester of 2015 The KUBS outgoing exchange student information session for the 2nd semester of 2015 was held on January 19th (Mon.) at 2 p.m. in the LG-POSCO Building, SUPEX Hall, with about 80 KUBS students in attendance. This session for students was arranged to introduce new partner universities of the KUBS Student Exchange Program (SEP), number of exchange student openings per school, application schedule, and application eligibility.   New partner schools include Hanken School of Economics in Finland (“Hanken” below) and EM Lyon, St. Etienne Campus in France (“St. Etienne” below). Hanken provides high-quality education supported by the Finnish government in the areas of marketing, business organization, economics, etc. In the case of St. Etienne, located in the education city of France, the school offers not only a good learning environment but also low accommodation costs.   The application eligibility is as follows: KUBS undergraduate students who have completed more than 2 semesters (including those on leave of absence but excluding those in their last semester), KUBS graduate students who have completed more than 1 semester (including MBA students but excluding those in their last semester), dual-degree students of Korea University who have completed more than 2 semesters, KUBS transfer students and students who have changed their campus-affiliation who have completed more than 2 semesters at KUBS. Interdisciplinary major, double major, and business minor students cannot apply. Students who intend to apply for SEP must complete the online application by 11:50 am on January 28 (Wed.) as well as submit the application form and relevant documents to the International Office in the KUBS Main Building by 4:00 pm the same day. The required documents, available partner schools, and other details can be found on the KUBS homepage (biz.korea.ac.kr) > Program > International Programs > Student Exchange > Outbound (from KUBS). Among the required documents, the English name must be the same on the passport, certificate of enrollment, and the transcript. The potential applicants for exchange student nomination must attend the Orientation for Potential Applicants to be held in March 3 at 6:00 pm and the Orientation for Outbound Exchange Students to be held in June.   Ms. Sun-Young Whang of the International office mentioned, “SEP is only offered to KUBS students” and “please make sure to check the application ability and application schedule carefully.” SEP is a system in which KUBS undergraduate and graduate students complete 1 semester in an overseas partner school and have those credits transferred to KUBS. Currently, KUBS has partnerships with 102 business schools in 32 countries.  
Jan 22, 2015
541
NEWS
KUBS Earns 2nd Consecutive 5-Year AACSB Re-Accreditation
 Korea University Business School Maintains Prestigious AACSB Business Accreditation (Seoul/Korea) (2014.12.23)—The Korea University Business School (KUBS) has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting. AACSB Accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business programs. Today, there are 716 business schools in 48 countries and territories that maintain AACSB Accreditation. Similarly, 181 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.  “It takes a great deal of commitment and determination to earn and maintain AACSB Accreditation,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. “Business schools must not only meet specific standards of excellence, but their deans, faculty, and professional staff must make a commitment to ongoing continuous improvement to ensure that the institution will continue to deliver the highest quality of education to students.”   KUBS is gradually rising as an international business school with accomplishments such as ranking no. 89 on the UTD 2014 Worldwide Business School Research Rankings and no. 1 in Korea, no. 12 in the 2012 FT Worldwide Executive MBA Rankings and no. 1 in Korea, no. 1 in the Domestic MBA Assessment by HR Managers (Hankyung Business), and no. 1 Producer of CEOs from the Top 500 Domestic Companies. In addition, KUBS is the first university in Korea to have been accredited by the two most prestigious international business school accreditation organizations, AACSB and EQUIS, and re-accredited for an additional 5 years for both.   ###   About AACSB International AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 716 educational institutions, businesses, and other organizations in 48 countries and territories. (For the most recent information visit, http://www.aacsb.edu/accreditation/accreditedmembers.asp). AACSB's mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. As the premier accreditation body for institutions offering undergraduate, master's, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB's global headquarters is located in Tampa, Florida, USA and its Asia Pacific headquarters is located in Singapore.   For more information, please visit: www.aacsb.edu
Dec 24, 2014
639
NEWS
1
KUDOS won 8 awards at ‘The 5th Lotte Idea Contest’
KUDOS won 8 awards at ‘The 5th Lotte Idea Contest’ 2014.12.22   KUDOS has been recognized for its excellence at the 12 domestic and foreign contests in 2014. ‘KUDOS (Korea University Dream Oriented Society)’, a practical marketing society in KUBS, made a splendid achievement of winning at ‘The 5th Lotte Idea Contest’. The contest had been held from September 5th to October 14th with the topic of ‘Imagine! Your Lotte’. It was designed to provide the generative motive to Lotte Group with choosing a company out of 17 companies and then selecting free themes with respect to the presented situation.   KUDOS was awarded with the ideas of 6 companies at the award ceremony, which had been held from November 12th to November 19th. Jongmok Kim (media 09), Jihyung Kim (psychology 12), Jungun Lee (business 09) won a gold prize in the ‘Lotte Department Store’ category. Soomin Kim (business 07) won a gold prize and Byunghee Yang (architecture 09) won a bronze prize in the ‘Lotteria’ category. Aesul Kim (Korean education 11), Yoonsun Moon (business 12) received a silver prize in the ‘Lotte Cinema’ category. Yeahna Moon (sociology 12) got a silver prize in the ‘Lotte Food’ category. Gaik Kim (Korean language and literature 11), Hyunji Lee (Chinese language and literature 11) got a silver prize in the ‘Lotte Homeshopping’ category. Aram Jeon (Idustrial management engineering 09) was also awarded a bronze prize at the same category. Including Jihyun Seo (education 12), who was nominated in the ‘Lotte Duty Free’ category, the total is summed up to 8 awards.  Lotte Idea Contest, celebrating the 5th year, is a representative contest of the Lotte Group involved with a variety of companies around the industrial sectors ranging from food, tourism, service, vats, petrochemical, construction manufacturing to financial sectors. KUDOS member Jungun Lee (business 09) said, “Since KUDOS members with various majors had carefully planned and concerned, we could have feedbacks with diverse perspectives and thus we could have good results.” Above this, KUDOS has been recognized for its excellence at the 12 domestic and foreign contests in 2014.
Dec 22, 2014
99
NEWS
GMBA 8th Class, win top honor of Hyundai-Motors ‘3rd MBA Case Competition’!
GMBA 8th Class, win top honor of Hyundai-Motors ‘3rd MBA Case Competition’!
In the final competition of 'The 3rd MBA Case Competition' held on May 14 at Hyundai-Motors Yangjae Head Office, GMBA 8th class wins the top honor. The panel of judge consists of Managers in Marketing Department, Global Marketing Office, and Demestic Marketing Office of Hyundai-Motors Corp. 현대자동차에서 2012년부터 주최해 올해로 3회를 맞이한 ‘현대자동차 MBA Case Competition’은 MBA 학생들의 참신한 아이디어를 발굴하고, 현대자동차에 대한 이해와 관심을 제고하기 위해 마련된 사례 연구 대회다. 이번 공모전은 고려대, 서울대, 성균관대, 연세대, 카이스트 등 국내 주요 5개 대학의 MBA 학생들만이 참여해 보다 치열한 경쟁 속에 진행됐다. 올해 공모전에는 총 22개 팀이 참여해 학교별 예선을 거쳐, 각 대학의 MBA를 대표하는 총 7개팀에게 본선 진출의 기회가 주어졌다.  고려대에서는 GMBA 8기에 재학 중인 장은경, 김진영, Bayan Alamudi, Lama Alsarraj, Noura ElAgouz 원우가 한 팀을 이뤄 ‘현대자동차가 아랍시장에서 브랜드 리더십을 구축하기 위한 브랜드 마케팅 커뮤니케이션 전략 및 방안’을 주제로 이번 대회에 참가했다. GMBA 8기는 아랍시장에서 현대자동차의 강력한 경쟁자인 일본 도요타의 아성을 무너뜨리기 위해 자동차 생애최초구매 고객인 YOUTH(아랍어:샤브브)를 타깃으로, 이들이 현대자동차를 경험해 보게 하기 위해 "플레이 컬쳐(놀이문화)"라는 컨셉의 마케팅 커뮤니케이션 전략이 필요하다는 제안을 펼쳤다.  그 결과 고려대 GMBA 8기팀은 당당히 1위를 차지하며 500만원의 장학금을 받았다. 우수상에는 KAIST, 장려상에는 연세대가 선정돼 각각 300만원과 200만원의 장학금이 수여됐다. 이번 대회에 참가한 장은경 원우(GMBA 8기)는 “이번 ‘현대자동차 MBA Case Competition’은 MBA 재학생만을 대상으로 하는 대회여서 더욱 수상이 의미 깊다고 생각한다”며 “MBA 졸업 전, 학교에서 배워왔던 이론을 실무에 적용시켜 보고, GMBA에 재학 중인 외국인 친구들과 함께 참가할 수 있었던 기회였다”고 수상 소감을 전했다.  한편, 경영전문대학원에서는 우수한 국내 MBA 학생들과의 치열한 경쟁을 뚫고 1위를 차지해 고려대 MBA의 명성을 높인 GMBA 원우들에게 표창장을 수여하는 자리를 마련했다. 이 시상식에는 이두희 원장, 윤성수 부원장이 함께 하며 GMBA 원우들의 공로를 치하했다.  이두희 원장은 “강도 높은 커리큘럼으로 운영되는 주간 MBA를 다니면서 공모전을 준비해 우수한 결과를 낸 GMBA 원우들이 자랑스럽다”며 “앞으로도 고려대 MBA에서 배운 것을 토대로 끊임없이 도전하고, 국내 뿐 아니라 글로벌 무대에서도 고려대 MBA 빛낼 수 있는 인재들이 되어주길 바란다”고 격려했다.   
Jul 31, 2014
937
NEWS
[Interview] Hyoung Koo Moon, The President of IBRE, "IBRE as the 'Research Arm' for KUBS"
[Interview] Hyoung Koo Moon, The President of IBRE, "IBRE as the 'Research Arm' for KUBS"
The first university affilliated management research center in Korea, IBRE (Institute for Business Research & Education) of KUBS celebrates now its 56th anniversary. IBRE has been leading the history of Korean management schools over a half-centry. Hyoung Koo Moon, who has been the president of IBRE from the last year has the story of the present and the future of IBRE.       - 기업경영연구원장 취임 1년을 맞았습니다. 소감 한 말씀 부탁합니다.   “올해로 창립 56년이 된 기연의 역사는 곧 경영대의 역사입니다. 그만큼 어깨가 무겁습니다.”       - 기연의 역사와 성과에 대해 잘 모르는 독자도 많을 것 같습니다. 간단히 소개해 주신다면.   “기연은 우리나라 경영연구소의 출발점입니다. 1958년 6월 16일 경영대학의 전신인 상과대학의 부속기관으로 설치된 이래로 1960년에 고려대학교 부속기관으로 개편됐습니다. 1997년에 기업경영연구원으로 승격했고 오늘에 이르렀습니다.    기연은 1959년 ‘서울시내 주요 상점 경영실태 조사’라는 우리나라 최초의 경영 보고서를 발간했고, 1960년에는 제일은행을 대상으로 최초의 기업진단에 착수했습니다. 이밖에도 산학협동 사업을 처음으로 진행하고 50여 종의 경영학 서적을 발간했습니다. 또 인재육성 사업을 통해 수 백 명의 경영실무자와 학자를 배출하는 등 다방면으로 기업 경영과 국가 경제 발전에 기여해왔습니다.”       - 말씀처럼 기연은 그동안 교육, 컨설팅, 연구 등에서 수많은 업적을 이뤄왔습니다. 어제와 다른 오늘날 기연의 모습은 무엇입니까.   “환경이 바뀌면서 기연의 역할도 바뀌고 있습니다. 오늘날 기연은 경영대학의 리서치 암(Research Arm)으로의 기능 강화를 지향합니다. 기존의 교육과 컨설팅 기능은 경영대학이 맡는 것으로 역할분담을 했습니다.”     - 기연이 경영대의 연구 기관으로 성장하는데 산하 연구센터의 역할도 중요합니다.   “맞습니다. 지금 기연에는 7개의 센터(△마케팅 연구센터 △서비스로지스틱스연구센터 △아시아경영연구센터 △재무금융센터 △정보통신전략센터 △초우량조직연구센터 △회계세무센터)가 소속돼 있습니다. 각 센터들은 국내외 학술대회를 개최하고 교수 연구업적을 발표할 세미나 여는 등의 활동을 합니다. 이에 기연은 각 센터들이 연구 활동을 활발히 할 수 있도록 지원하는 방안을 마련하고 있습니다. 또 센터와 협력해 추진할 과제에 대해서도 논의 중입니다.”       - 기연이 새롭게 추진하는 사업은 어떤 것들이 있습니까.   “우선 곧 중앙일보 이코노미스트에 경영대 교수들의 연구논문을 게재합니다. 경영학 이론과 실천을 연동하는 것이죠. 우리 경영대 교수들은 우수한 논문을 1년에 수백 편씩 씁니다. 이 중 실무자가 현장에 바로바로 적용할 수 있는 연구 성과를 중심으로, 저자가 자신의 논문을 읽기 쉽게 재구성해 소개하려 합니다. 경영대 교수들의 업적을 외부에 알리는 효과도 있고, 실무자는 실무에 도움이 되는 연구업적을 접하는 계기도 되고, 연구자가 현장에 자신의 연구 성과를 알리는 통로도 돼 1석 3조의 장점이 있는 셈입니다.    다음으로 한국경영의 사례를 개발해 워킹 페이퍼 시리즈로 발간할 계획입니다. 경영대가 최근 KEDGE 대학에 경영학을 수출하는 등 한국 경영, 한국 경영 이론이 전 세계의 주목을 받고 있습니다. 문제는 해외 학계의 높아진 관심에 비해 영어로 쓰인 한국경영의 사례가 없다는 겁니다. 워킹 페이퍼 활동을 통해 한국 경영의 모습을 세계에 보여주고 경영대 수업에도 활용할 수 있도록 할 것입니다.”       - 기연의 비전은 무엇입니까.   “향후 20~30년 동안 세계 경제의 중심이 아시아 지역으로 이동하는 추세가 지속될 전망입니다. 이러한 세계적인 흐름에서 우리 경영대학은 세계 최고 수준의 아시아 경영 연구, 경영 사례 개발에 박차를 가하고 있습니다. 앞으로 기연은 경영대학의 연구를 떠받치는 ‘리서치 암’으로의 역할을 할 것입니다.    이 과정에서 ‘VISION 2015’ 발전계획에 따라 순수학술연구와 응용연구를 균형 있게 추진해 세계적 수준의 연구결과를 산출할 것입니다. 또 학문적 이론과 실무적 경험이 서로 시너지를 갖도록 대학의 연구진과 기업의 경영자가 만날 수 있는 공동의 장을 제공하는 노력도 지속할 계획입니다.
Jul 07, 2014
805
NEWS
​The relationship between corporate diversification and corporate social performance
​The relationship between corporate diversification and corporate social performance
Prof. Jingoo Kang Does diversification affect firm response to stakeholder demands and social issues? Despite extensive interest in corporate diversification in the strategy literature, the relationship between diversification and corporate social performance (CSP) remains largely unexplored. Both product and geographic diversification increase the range of stakeholder demands and social issues that firms face. In addition, according to findings of the diversification and stakeholder management literature, diversified firms have several reasons to respond to increasing stakeholder demands and social issues. Based on these observations, I propose that the level of diversification will be positively related to the CSP of firms. However, when diversified firms have a strong focus on short-term profit, it may discourage firm response to stakeholder demands and investment in social issues, thereby negatively moderating the positive relationship between the level of diversification and CSP. The sample for this study starts from 1,000 of the largest US firms i n term s of market capitalization. I chose large firms for my sample because these firms are more likely to pursue diversification, both product-wise and geographically, The social performance data for sample firms were collected from the Kinder, Lydenberg, Domini (KLD) Social Ratings database, which is a popular source of CSP measure in academic research. To construct other explanatory and control variables, I collected financial data from Compustat’s North America database and Compustat’ s Executive Compensation (Execucomp) database. Since the Execucomp database provides data from 1993 to 2006, the sample period is limites, accordingly. After the three databases were matched, the effective sample size was reduced to 511 firms. The effective sample size in the analysis was 3,044 observations. Empirical testing shows that the levels of unrelated and international diversification have a positive relationship with CSP, and that strong short-term profitability of diversified firms partially and negatively moderates the positive relationship between the level of diversification and CSP.
Aug 12, 2014
789
Pay for Performance from Future Fund Flows: The Case of Private Equity
Pay for Performance from Future Fund Flows: The Case of Private Equity
Prof. Ji-woong Chung The incentives of private equity general partners to create value for their investors (limited partners) are often questioned by investors, industry observers, and academics alike. Critics allege that pay-for-performance incentives from the carried interest profit share (typically 20%) are muted when funds fall short of their hurdle rates, and because fixed fees alone represent a substantial source of income for many private equity groups. In this paper, we point out that the direct incentives from carried interest are only part of the total pay-for-performance incentives that general partners have. The other part is the indirect, marketbased incentives that arise from the fact that general partners’ ability to raise capital for new funds in the future, and so to earn income from managing that capital, depends on the performance of their current funds.  To better understand general partners ‘ motivations, it is essential to have a complete picture of their total pay for performance incentives, which is the sum of the direct effect of current performance on earnings from carried interest, and the indirect effect of current performance on earnings from managing future funds. Our goal is to quantify the latter effect, and compare its magnitude to the former. To do so, we present a rational learning model that formalizes the logic by which good performance in the current fund could lead to higher future incomes for general partners through an effect on expected future fundraising.  The model provides us with an explicit formula pay-for-performance from future fundraising as a function of i) expected sizes of future funds, consisting of the probability of raising a future fund and its expected size if there is one, ii) the sensitivities to current performance of the likelihood of a general partner raising another fund, and its size if there is one, and iii) expected general partner compensation per dollar of fund size. The model also provides us with several cross-sectional predictions about the magnitude of the ensitivity of future fundraising to current performance that have not been previously tested in the private equity literature, and that in our framework translate directly into cross-sectional differences in indirect pay for performance incentives. The first prediction is that for a given assessment of a general partner’s ability to generate returns, the more ‘’scalable’’ abilities are, the more investors are willing to put money into a following fund. To the extent that buyout funds are more scalable than venture capital funds, future fundraising-performance sensitivity should be greater for buyout funds than for venture capital funds. The model also predicts that as a partnership ages, so its ability is known with more precision, performance in a given fund should have less incremental impact on the market’s overall assessment of the partnership’s ability. This means that future fundraising should be more sensitive to performance for younger partnerships than for older ones. Finally, the model predicts that for a given performance, a manager is more likely to raise a subsequent fund if the prior assessment of his ability is better. It implies that later sequence funds should be more likely to raise a follow-on fund because the average assessment of ability will be higher in later sequence funds than in earlier ones, for the simple reason of their survival.   Using a sample of buyout, venture capital, and real estate private equity funds from Preqin over 1993-2010, we find support for all of these predictions. Importantly, there are three main takeaways from the estimates of direct and indirect pay-for-performance. First, indirect pay for performance is sizeable and of the same order of magnitude as direct pay for performance from carried interest. Second, indirect pay for performance is much stronger for buyout funds than for venture capital funds, with real estate in between. Third, it becomes weaker as a partnership ages and manages more funds. The magnitude is reduced by more than half for a fifth-fund buyout partnership compared to a new partnership, and for venture capital there is essentially no indirect pay for performance beyond the fourth fund.   
Aug 12, 2014
802
Until you can turn that passion into reality,  Follow your passion!
Until you can turn that passion into reality, Follow your passion!
Jennifer Pak, a recent undergraduate alumna at Korea University Business School, is a fall 2013 participant in the White House Internship Program.  Throughout her undergraduate career, she completed internships at Bank of America Merrill Lynch Investment Banking in Seoul Finance Center and at a marketing company in Los Angeles, California. While attending school,  she worked as a freelancer Reporter and VJ for KBS World and Arirang TV, and volunteered for various service projects.  Before she transferred to Korea University, in 2009, she led up to 40,000 students into cheering as the Head Female Captain of Yonsei University Cheerleading Team, AKARAKA. When she graduated from business school  in the spring of 2013, she worked as a CSI Executive for Mercedes-Benz Korea Ltd in Seoul Square Building. Q. How are you able to get the opportunity to work at the White House?  I learned about the White House Internship Program after leaving Mercedes-Benz Korea Ltd. to pursue a different career track. I have always wanted to see what it was like to be on the other side; to be working in the public sector. I had never been exposed to politics and thought the White House would be an opportunity for me to see what it was like to work in the government. The timing was right so I took the initiative to apply for this internship. Q. What did you prepare to be an intern at the White House?  The selection process is competitive, but I highly recommend that anyone with an interest in public service consider applying. However, in order to be eligible for the White House Internship Program you must be a United States citizen. The online application requires one essay, one policy memorandum, 2 letters of recommendation, a resume, and a series of short-answer questions. I was accepted and assigned to the Office of Management and Administration. Being prepared is half the battle. Just like any other job interview preparation, I wrote out a list of potential interview questions, planned out my responses ahead of time, received some feedback, and did a mock  interview.  The best way to nail any interview is to practice, practice, and practice. Of course, I could not have gone through this without my recommendations, Korea University Business School Service Marketing Professor Janghyuk Lee and Bank of America Merrill Lynch Director and Korea General Counsel James Lee.  Q. Which curriculum of KUBS was helpful?  In spring 2011, I transferred to Korea University Business School as an undergrad. Some of the courses I personally enjoyed were Service Marketing, Venture Business, Process Innovation & IT, Principals of Corporate Finance, Information Security, Advertisement Management, Business Negotiation, and Business Strategy. Although our Business School is known for its numerous hours of tedious group projects and meetings, PowerPoint presentations, and HBS article analysis, it all taught me life lessons that helped me prepare for real life interaction the real world. After graduating, I realized that public service has shaped all aspects of my life at the university, friendships, person al growth, academic learning, and cultural experiences. I learned that there are no limits to service and every project expands not only to your knowledge but your heart, because of many of the wonderful people you meet. There is  no price to place on these valuable experiences. Q. Advice for your juniors who are studying at KUBS. I had a friend who once asked me, “Jennifer, do you know what the longest distance in life is? It’s from your mind to your heart. But do you know what the most difficult path in life is? It’s from your heart to your feet.”  He’s right. It is easier to talk than to do. Start networking. Build relationships. Gain work experience. Don’t be afraid to ask questions. Don’t trap yourself. Don’t scoff at the life choice of people around you. Be genuine. Be humble and always smile. Most importantly, follow your passion until you can turn that passion into reality. -Jennifer Pak, KUBS 06  
Jun 22, 2014
919
[KUBS 외국인 교환학생 수기] Lots of birds with just one stone
Lots of birds with just one stone - Studying abroad at KUBS - Studying abroad at Korea University Business School is arguably the best decision I’ve made while completing my degree. KUBS has created a first-class academic program that is built upon the school’s engaging faculty, accommodating facilities, and extensive print and electronic resources. Outside of classes, exchange and international students can join a variety of clubs and organizations. KUBS Buddy is a social club specifically designed to connect foreign business students with their Korean counterparts. They host official events each month, but there are also plenty of opportunities for unofficial get-togethers. KUBS embraces the global mindset that Korea University as a whole advocates. All study abroad programs give you a chance to experience life in another country, but KUBS stands above the rest by making foreign students feel that they are truly an important part of the university community. Coming from a top American business school, I can say with confidence that the professors at Korea University are some of the best around. During my semester at KUBS, I had the privilege of taking an International Business course taught by Professor Jungbien Moon. The class revolved around student presentations, which encouraged interaction and discussion among students, leading to a much more valuable learning experience. Out of the dozens of professors I’ve had at university, Professor Moon ranks among the very best. Along with being incredibly well-versed in his area of expertise, he was an effective and engaging teacher. All of my professors at KUBS placed a heavy emphasis on teamwork and discussion which was a refreshing change of pace from the monotonous lecturing that undermines too many undergraduate programs. To assist in getting the best possible experience academically, KUBS has recently constructed two additional facilities: LG-POSCO and Hyundai Motor Hall. Together, they house most of the classrooms and study areas available to business school students. Whether you are looking for a quiet nook to read in or a comfortable lounge to talk with classmates, there are plenty of options from which to choose. In particular, Hyundai Motor Hall has dozens of spacious breakout rooms with monitors and white boards for group presentations and collaboration. The business library, located in LG-POSCO, is the quietest place to study, with access to textbooks and business publications, both print and electronic. It was also my number one stop each morning for a free copy of the Wall Street Journal so that I could keep up to date on global events. I shouldn’t forget to mention that both buildings are not only functional, but absolutely beautiful as well. It makes studying for finals a little less stressful when you can sit back and appreciate your surroundings. While studying is always necessary at university, when you’re abroad cultural exchange is just as important, if not more so. In the end, these programs are designed to foster connections between people from different countries, and it would be a shame to not take advantage of these opportunities. As I mentioned earlier, KUBS Buddy was created to give you chances to build friendships with Korean students, and KU in general has its own buddy program that operates in similar fashion. There are also clubs for activities ranging from dance, to hiking, to a variety of sports. I was part of the archery club during my semester at KU, and it was an awesome way to meet with students who weren’t directly involved in the international program. If I could offer one piece of advice, it’s to do whatever you can to break out of your comfort zone and meet Koreans and people from countries besides your own! Studying abroad is a once in lifetime opportunity, and you would be hard pressed to find a better host university than Korea University.  Evan Kollath Tulane University Class of 2015 Exchange Student at KUBS in Spring 2014
Mar 19, 2015
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