• 40-year-old Tradition, KUBS Produced 4,000 CEOs…Recognized for World-Class Business School
    AMP Produced 4,000 CEOs

    Korea University Business School’s Advanced Management Program (AMP) is a top-rated CEO educational institute that has produced over 4,000 CEOs since its founding in 1975. The top senior executives in various industry sectors learn new fields and business management techniques.
     
    KUBS AMP has a trailblazing curriculum, covering important learning experiences for CEOs, such as most up-to-date business strategies, global trends, cultivating new markets, and general education. Moreover, the AMP has a powerful alumni network.
     
    An excerpt from <Joongang Ilbo> on June 30, 2016
  • KUBS Launches “KUBS Startup Station”
    KUBS Launches “KUBS Startup Station”
    KUBS will launch the tentatively named “KUBS Startup Station” in KUBS Main Building on Anam Campus in September. The KUBS Startup Station is not just a place for starting business but also a “platform for entrepreneurship and innovation.” KUBS will be offering a wide range of support, such as △venture incubator, △networking for startup business, △systematic startup education, △startup competition, and △seed money, for free.

    KUBS raised a total of 3.5 billion won in startup support donations, thanks to the KUBS donors. Alumnus Sang Il Lee (’57), president of Iljin Group, and Alumnus Myung Ho Seung (’74), president of Dongwha Group, donated 2 billion won and 1.5 billion won, respectively.
  • KUBS Scholarship Awards Ceremony
    Spring 2016 KUBS Scholarship Awards Ceremony
    KUBS Scholarship Awards Ceremony
    On May 24 at 7:00 PM, the Spring 2016 KUBS Scholarship Awards Ceremony was held at Ahn Young Il Hall in LG-POSCO Building.
     
    KUBS offered a total of 37 scholarship funds this semester, and 212 KUBS students were awarded: △Academic Scholarship (1 student), △Freshmen Special Scholarship (8 students), △J. K. Huh Foundation Scholarship (8 students), △Kowon Shimwoo Foundation Scholarship (8 students), △KCC Scholarship (4 students), △Yang Young Foundation Scholarship (6 students), △Kim Geun-Chang Scholarship (4 students), △Future Scholarship (65 students), △Alumni Scholarship and KUBS Dream Scholarship (75 students), etc.
  • Korea University Has Highest Pass Rate on First CPA Examination
    KU Has Highest Pass Rate on 1st CPA Exam
    Among domestic universities, Korea University has the highest pass rate with 169 successful candidates on the “51th First Certified Public Accountant (CPA) Examination” held on February 28. According to the Financial Supervisory Service, the competition ratio for the first CPA Exam stood at 5.4-to-1. Out of 9,246 candidates, 1,711 have passed the first exam.

    Korea University has produced the highest number of successful candidates on the first CPA Exam for the second consecutive year (181 successful candidates in 2015). KU has 30 more successful candidates than Sungkyunkwan University (136), a school that has second-most CPA candidates. Yonsei University (136) came in third, followed by Hanyang University (119) and Kyung Hee University (111).
  • Mentoring Program with KUBS Student Ambassador, KUBE!
    Mentoring Program with KUBE!
    The Student Ambassador at Korea University Business School (Dean Done-One Kim) called "KUBE" hosts the online mentoring program for high school students for about 3 weeks starting May 2.
     
    “Following the educational principle of KUBS ‘Business for Society,’ KUBE has been hosting a mentoring program for teens in order to reduce their heavy reliance on private education,” Jin Wook Park (23), president of KUBE, said. “As offline mentoring program expands to online, we hope that more students can get help with their study and career plans through the Study Helper.”
“Future Entrepreneur Certificate Program” and “Venture and New Venture Creation and Management” Course
KUBS Startup Station The KUBS Startup Station, which will be launched in September on the second floor of the KUBS Main Building at the KU Anam Campus, is a “platform for entrepreneurial spirit and innovation.” The KUBS Startup Statin is open not only to KUBS students and graduates but also to students from other universities. It is a channel where prospective entrepreneurs with diverse backgrounds can share, collaborate, and fulfill their ambitions.   The KUBS Startup Station will be divided into two areas: “Iljin Startup Incubation Center (incubation zone)” and “Seung Myung Ho Entrepreneurship Education Center (education zone).”   What is Future Entrepreneur Certification Program?   The Future Entrepreneur Certification Program is a certification program that cultivates entrepreneurial spirit in students. The program consists of courses related to entrepreneurship offered by KUBS and other colleges. As students matriculate at Korea University, they will receive step-by-step startup education, including basic concepts, core theories, and practical training. Those who have completed the certification program will be issued with a certificate. Moreover, students who have the certificate will receive extra points when moving into the Iljin Startup Incubation Center, which will be open in September 2016. ※ Courses for certification can be possibly added or changed.   “New Venture Creation and Management” Course (BUSS259)  The course “New Venture Creation and Management” is a study of entrepreneurship and innovation. The purpose of the course is to learn how companies start and develop their businesses by establishing a business model on their own.   Students can understand the entrepreneurship and innovation and learn important process and skills to start and run a new business. Through the course, they will be studying the development and evaluation of business ideas, as well as the establishment of business models. The course will be conducted in a group. Ultimately, students will create a business model and write a high-quality business plan that could possibly attract investment. Each group will receive the budget for operating expenses (Seed Money) needed for startup. Those who actually want to start a business can also receive various advice and mentoring service as well.   The course “New Venture Creation and Management” is the fourth step of the Future Entrepreneur Certification Program: As part of the “Launching a Venture” stage (see the picture above), students must take either “New Venture Creation and Management” or “Social Entrepreneurship” to receive a certificate.   Information Session on Future Entrepreneur Certification Program KUBS will be holding an information session to help students understand the “Future Entrepreneur Certification Program” and “New Venture Creation and Management” course. Those interested are welcome to join the session. ○ Date and Venue: July 28, 2016 (Thu); 12:00 – 13:00, Room 432 in LG-POSCO Building ○ Eligible Participant: KU students (leave of absence included) interested in startup and innovation ○ Speaker: Professor Hicheon Kim (Business Administration), Research Professor Doyoon Kim (Business Administration) ○ Programs: Information on “Future Entrepreneur Certification Program” and “New Venture Creation and Management” course, Q&A session ○ Small lunch will be provided   Contact Us   Institute for Startup Business Manager Misun Kim Email: mswithu@korea.ac.kr Phone: 02-3290-2551  
Jul 22, 2016
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academic
Spring 2017 Student Exchange Program Application
The online application begins from July 21 (Thu); 10:00 AM (weekend included) to July 27 (Wed); 11:50 AM.   The online application will be automatically closed after the deadline (after 11:50 AM). Be sure to meet the deadline.   Please submit your documents by July 27 (Wed); 4:00 PM to KUBS International Office (Room 218 in LG-POSCO Building) *** Make sure you read the notice thoroughly to avoid any issue regarding your application. Online Application: biz.korea.ac.kr > 프로그램 > 국제프로그램 > 교환학생 > Outbound (from KUBS) > 교환학생 지원하기 (Only available through Korean webpage) Online Application for GMBA Students Only (Winter Session): biz.korea.ac.kr > 프로그램 > 국제프로그램 > 교환학생 > Outbound(from KUBS) > Application for GMBA (Only available through Korean webpage)   <IMPORTANT NOTES!> 1. The online application and consent form cannot be revised once you have submitted. Therefore, click the “Temporary Save” button (임시저장) first after done completing and reviewing your application. Then, click the “Submit” button (제출하기), print out your application, sign the consent form, and submit it. 2. You must submit all supporting documents, except your application (consent form included), in DOC or PDF format (if you have several supporting documents, please combine all into one pdf file and upload it).   3. You must submit all original documents to KUBS International Office by July 27; 4:00 PM. However, you may submit a duplicate copy of your passport and TOEFL score report (Although the partner school does not request your TOEFL score, you may still submit your score if you wish to receive points for the internal selection). If the host university that you have applied requests TOEFL , you must submit your official TOEFL score by the day of interview. Please contact and get approval from Manager of Outbound Student Exchange Program in advance if you fail to submit your official score by the deadline due to unavoidable circumstances. You may upload your online TOEFL score by taking a screenshot. 4. Online Application Deadline (July 27; 11:50 AM) – (Based on clicking the submit button) the online application will be closed at 11:50 AM sharp. After the deadline, you will not be able to apply. 5. If you need your original activity certificate (활동증명서) back, bring a duplicate copy of your certificate to compare it. Then, submit a certified copy of your certificate instead of the original. 6. The cumulative GPA for the two most recent semesters will be automatically calculated. Your GPA will be calculated as follows: {(GPA for the two semesters ago x No. of credits) + (GPA for the previous semester x No. of credits)}/ A total number of credits for the two semesters e.g.) Spring 2015: 16 credits with GPA of 3.5 and Fall 2015: 18 credits with GPA of 3.8 Calculation: {(3.5x 16 credits) + (3.8 x 18 credits)}/(16+18) credits = 3.66 (rounded to 2 decimal places) 7. [E/F/KMBA Students Only] The deadline for online application and document submission is same as the undergraduate. However, if you fail to submit documents by the deadline due to an event related to the university, such as IRP or field trip, please contact KUBS International Office via email to receive approval for extension. If your extension has been approved, you must submit documents by the designated deadline to KUBS International Office (temporary office: Room 218 in LG-POSCO Building). Online application will be closed on July 27 at 11:50 AM.   8. Email domain address “hanmail.net” gets marked as spam often; thus please use a different email account. Email domain address “naver.com” cannot receive emails that are sent to more than 25 people; thereby you may not be able to receive emails sent by the host university. We highly recommend you to use a different email account. A portal email (korea.ac.kr) also can be marked as spam mail or is unable to access based on a country. There is a high chance that you may have to change your portal email to different one after the internal selection. Also, domain address “hotmail.com” sometimes blocks spam emails to certain universities.   Therefore, please use “gmail” as it is the safest email account for now. (If you need to check other emails from different account, use the import service to receive emails to your original account. Please use a gmail account while applying for the student exchange program). 9. Make sure to enter the correct cell phone number. If your phone number has been changed during the semester, please notify Manager Nahyun Lee at KUBS International Office immediately! 10. Interview group will be announced on the KUBS website on August 5 (Fri) after 3:00 PM. (Interview will be held on the 9th (Tue) and 10th (Wed) of August from 1:00 PM to 6:00 PM). Applicants who need to reschedule interview (with acceptable reasons, such as internship, volunteering, etc.) after have submitted your application, please email to hyunlee@korea.ac.kr with your preferred date and time by July 29 (Fri); 5:30 PM. Emails received after July 29 will not be considered. 11. If you are unable to come to the interview due to personal reasons, you will be excluded from the internal selection. If you cannot attend the interview because of participating in an official event at Korea University, please email to hyunlee@korea.ac.kr (write specific reasons). ▶ Especially, if you need to interview over the phone due to your abroad schedule that is related to school event, you must contact us by July 29 (Fri) 5:30 PM. (hyunlee@korea.ac.kr/02-3290-1389).    12. Times close to deadlines have a high volume of applicants submitting which can cause delays in loading the page. So, please submit your application early (when there is a high traffic, the webpage may freeze or quit unexpectedly. Please be aware that the website is slow! Complete your application a day earlier if possible :)).   13. Host universities where only 3rd- or 4th-year students can apply are based on the exchange period, which means that students who are in their 3rd or 5th semester are eligible to apply. However, if the host university states that only current 4th-year student can apply for the program, it means that students who are currently in their 7th semester or more are eligible to apply.   14. You do not have to write all 5 preferred host universities. So, please choose the universities you wish to study at only. 15. If your name on the TOEFL score report and passport is different, please leave a post-it memo on your TOEFL score report (e.g. “Passport: HONG GIL DONG, TOEFL score report: Gil-dong Hong”) (You cannot change your name on the TOEFL score report). If your name is spelled differently, you must notify to KUBS International Office. Spaces, uppercases, and lowercases do not matter, but we still request you to write a note about it (KUBS International Office will write a letter of confirmation when you send your TOEFL score report to the host university).   16. When you have several activity certificates, please combine all into one PDF file and upload it. Certificates are used for reference purpose when selecting applicants; thus, you may submit your certificates in Korean.   17. Your English name written on certificates must match with your passport name. If you need to change your name, contact Program Manager at KUBS International Office Exchange Program (3290-1389 or visit the office) to change it. Then, you should receive your certificates issued from One-Stop Service Center (B1, Central Plaza). Please double check spaces, uppercases, lowercases and hyphens (“-“) (e.g. your passport name is all capitalized; however, your name does not have to be all capitalized for your certificates, as long as it is not mixed with upper/lowercases).    GiL dong Hong (X), giLong Hong (X), GilDong Hong (X) Gil Dong Hong (O), Gildong Hong (O), Hong, Gildong (O) 18. All documents must be scanned into a PDF file and then uploaded. The original copies of your English transcript and Enrollment (Leave of Absence) Certificate (in English) must be issued by One-Stop Service Center at Central Plaza, scanned into a PDF file, and uploaded it (documents issued via online will not be accepted). You must scan your passport into a PDF file and uploaded it. Please submit your English resume and Statement of Purpose into a DOC file when submitting online. 19. You must upload your TOEFL score report (if the host university requests for it) and submit your original report to KUBS International Office later. If you do not submit TOEFL score report (both online and offline), you will be automatically disqualified from the host universities that require TOEFL score.   20. Please scan and upload your passport that shows your photo and information. You must sign your passport before you upload it! 21. If you find your name with error after submitting online application, please match your name on your passport and re-submit your transcript and Enrollment Certificate on the day of interview.   22. Former exchange students must submit online application and supporting documents as well. You will be selected based on your application and previous interview scores. You must submit official copies of transcript, Enrollment Certificate, and TOEFL score report. KUBS International Office will contact you individually for the 3rd round of the internal selection.   23. Invalid TOEFL score and other foreign language proficiency exams will not be accepted. You may submit your score report that is valid until the host university’s screening period ends (or at least until the start date of your exchange program). Your score must be valid until visa application, application screening, other process are completed. Depending on universities, your score may have to be valid until the first day of your exchange program. Please check the website of the corresponding host university to find more information about validity period. 24. You can receive a certified copy of your activity certificate. Also, you must submit original TOEFL score report in case of the host university requests for it. (You may submit a duplicate copy of your score for the internal selection purpose).   25. If you visit the application page, you can check your application status! So please avoid calling KUBS International Office to confirm submission. 26. Korean students can take TOEFL iBT only.   ***If you have further inquiries, please email us.  
Jul 15, 2016
77
student exchange
[2013-2016 KUBS Donation Status] Donor Stories at a Glance
[2013-2016 KUBS Donation Status] Donor Stories at a Glance   Korea University Business School (KUBS) is undisputed top business school in Korea. KUBS, which has been making breakthroughs under the goal of becoming “Global Top 30, Asia No.1,” is an overwhelmingly No. 1 in various domestic and international assessments and recognized for its excellence as well. Behind these successful achievements, the college has received unconditional support and love by many KUBS alumni and donors.   <KU Business Journal> scrutinized the funds raised for the alma mater and students in four categories: △Scholarship, △Research, △Construction, and △Miscellany. The research was conducted based on the pledges made in the past three years (June 1, 2016 – May 31, 2016). The total amount pledged over the past three years is approximately 20.37 billion won, including contributions from foundation.   Scholarship Funds ▶ 9,093,306,541 KRW       Scholarship is exceptionally significant for KUBS students who will become a global leader in future. KUBS provides its own scholarship opportunities to help students concentrate on their studies without any financial hardship. The scholarship funds that have been donated to KUBS over the last three years are around 9.9 billion won. Alumnus Geun Chang Kim (Commerce, ’33) made a 9.1 billion won donation in March 2014, while Alumna Yoonja Jeon (Commerce, ’51) and Cheongu Heo (Commerce, ’59) donated 500 million won each in March and April 2015, respectively. In addition to that, the alumni and donors have been donating to scholarships and reaching out a helping hand to KUBS students in order to help them triumph over challenging living conditions and become a talented individual in society. Thanks to the alumni who generously made donations, KUBS awarded scholarships to 959 students (scholarship overlap counted) in the past three years.     Research Funds   ▶ 4,020,000,000 KRW     KUBS prides itself on having a top tier faculty in Korea. As of 2016, KUBS has a total of 86 full-time professors, which is the largest number of professors among colleges in Korea. Proving its world-class research capacity, KUBS ranked No. 1 in Korea and No. 91 worldwide in “The 2015 UTD Worldwide Top 100 Business School Rankings,” annually conducted by the University of Texas. Such accomplishments were achieved thanks to the donors’ support for research. Over the past three years, the research funds touched approximately 4.02 billion won. The donors have been making donations to the research funds through various channels to help professors focus on their research. With the support of KUBS and the donors, the faculty have secured superior research competitiveness.   Construction Funds ▶ 4,823,360,000 KRW   KUBS has world-class educational infrastructures. △KUBS Main Building, △LG-POSCO Building, and △Hyundai Motor Hall were built with the donations from enterprises and donors. The buildings have a symbolic meaning as it was constructed solely through donations for the first time in the history of university architecture.   Excluding the donations for LG-POSCO Building in 2003 and Hyundai Motor Building in 2013, the total amount of the construction funds for KUBS is 4.82 billion won over the past three years. Iljin Group President Sang Il Lee (Commerce, ’57) donated 1 billion won in November 2015, and Dongwha Group President Myeong-Ho Seung (International Trade, ’74) made a 1.5 million won donation in February 2016. These funds are devoted to the KUBS Startup Station, which is scheduled to be completed in September on the second floor of the KUBS Main Building. The KUBS Startup Station, a startup education institute and support center, will be the center of cultivating global entrepreneurs.   Other Miscellaneous Funds ▶ 2,340,652,406 KRW   Moreover, KUBS has received donations from various fields. Aside from the scholarship, research, and construction funds, the total amount of all other miscellaneous funds raised for KUBS reached 2.34 billion won. These funds, including the donations that are earmarked for other purposes, will be used for the development of the university, as well as for the improvement of the globalization index and educational environment. In March 2014, alumnus Geun Chang Kim (Commerce, ’33) made contributions to enhance the globalization index of KUBS. At the same time, Iljin Group has donated 1 billion won for the startup support along with the construction fund for the KUBS Startup Station. Many donors having great affection for KUBS strive to make donations to support KUBS educational values and objective.  
Jul 11, 2016
51
NEWS
“2016 Startup Express” Launched…Selecting First Move-in Teams at KUBS Startup Station
“2016 Startup Express” Launched…Selecting First Move-in Teams at KUBS Startup Station Top 9 teams gave a presentation at the event held on July 1, and a total of 4 teams were awarded     The move-in teams for the KUBS Startup Station under Korea University Business School are finalized. The 2016 Startup Express, held in Hyundai Motor Hall on July 1 at 3:00 PM, was filled with excitement from prospective entrepreneurs presenting creative business items.  A total of 50 persons, including Associate Dean Myeong-Hyeon Cho, KUBS Startup Station members (Professor Ho-Won Jung, Professor Hicheon Kim, Professor Dae Il Nam, Research Professor Doyoon Kim), Hyunwook Yoo (director at Iljin Group), Jung Yeol Seo (paten attorney at Su Intellectual Property), Seung Yong Song (head of KU Holdings), Hyung Seok Kim (Chief of KU Business Research Association) were present at the event, hosted by the KUBS Startup Station and supervised by the Iljin Startup Incubation Center.   “I want to thank all teams for their interest and participation in the 2016 Startup Express,” Associate Dean Myeong-Hyeon Cho said in his congratulatory remarks. “I strongly believed the KUBS Startup Station will be a wonderful opportunity for youth wishing to be a future entrepreneur.”   Grand Prize: “HIMS” First Prize: Taling   Encouragement Award: CICERON KU Business Research Award: “SupportUS”   The four winning teams of the 2016 Startup Express are △HIMS (Grand Prize) △Taling (First Prize) △CICERON (Encouragement Award), and △SupportUS (KU Business Research Award). The winners qualify to move into the Iljin Startup Incubation Center, which will be open on the second floor of KUBS Main Building in September. Moreover, after the move-in, the teams not only receive the budget for operating expenses needed for the startup activities, but also the systematic startup education and support, along with the continued feedback and funds from mentors consisting of △senior entrepreneurs, △industrial experts, △venture capitalists, etc.   “I am very pleased to hear that our business item, which has been led by my team for two years, has won the award in a startup competition hosted by my alma mater, KUBS,” Yeo Jin Park (Business Administration, ’13), a member of the HIMS team who won grand prize, said. “With school’s support and advice from seniors, we hope to continuously develop our business.”     Meanwhile, the students from 21 universities in 4 nations participated in the 2016 Startup Express. A total of 43 teams applied for the competition, and only top 9 teams with growth potential had a chance to introduce their business item. The judges selected final teams based on the following evaluation criteria: △creativity, △feasibility of business model, △business valuation, △research and analysis, etc.  
Jul 05, 2016
1,142
NEWS
Panel Talk with KUBS Alumni in Different Fields
Panel Talk with KUBS Alumni in Different Fields   KUBS Career Hub launched the “Panel Talk with KUBS Alumni in Different Fields.” The alumni who are in the field of △Sales & Marketing and △Accounting & Finance were invited for the session and had a time to speak with students.   On May 12, the Penal Talk was held in the LG-POSCO Building with alumni in sales and marketing fields. The alumni working in diverse occupations participated in the session as a panel: alumnus Tae Kyu Kim (Business Administration, ’04) from Korea Investment Value Asset Management; alumnus Jaesik Jung (Business Administration, ’06) from Hotel Silla; alumnus Chul Hwan Kim (Business Administration, ’08) from Shinhan Card; alumnus Sangjoon Jung (Business Administration, ’09) from Kia Motors.   The panels answered frequently asked questions, which were collected before the session, and then had a Q&A session where students can ask any question freely. One of the students asked alumnus Chul Hwan Kim about what was his motivation to apply for Shinhan Card. “During my undergraduate studies, I wanted to utilize big data.” alumnus Kim said. “The reason I decided to join Shinhan Card is because I found out that the company has a big data center, which allows me to gain insights into purchasing trends.   The students also received advice based on their academic year. “I recommend 4th-year students to join a study group and 3rd-year students to learn Microsoft Excel,” alumnus Jaesik Jung said. “It is important for 1st-year and 2nd-year students to pursue just one thing intensely, such as traveling or joining a club.” Lastly, alumnus Tae Kyu Kim advised students to choose a job they love. “When you strive to do your absolute best on something you love, there is certainly an open path in your career and maybe even lead you to a startup business,” alumnus Kim said. “If you put too much effort into ‘building specs (derived from the word “specifications”)’ and ‘studying for an aptitude test,’ you may not realize which position fits you the best, and this can give you a tough time.”   Meanwhile, the Penal Talk with alumni in Accounting and Fianance fields was also held on May 19. At the event, alumnus Han Gil Kim (Business Administration, ’06) from Daelim Corporation, Daeho Kim (Business Administration, ’06) from Administration Team at the Shilla Duty Free Shop, Hakyung Kim (Business Administration, ’06) from Finance Team at e-mart, and Hee Chul Lee (Business Administration, ’08) from Finance Team at Hyundai Engineering & Construction attended the event as a panel. In respond to one participant asked that the difference between financial accounting in class and a company, alumnus Han Gil Kim said, “terms and concepts are similar; however, every company has a different accounting program so new employees have to learn new things after they join the company. Yet, it would be beneficial for potential employees to understand the financial operations of a business if they already learned the concepts through lectures”   The penals also gave advice on preparing for a job search. One of the questions was about whether CPA preparation is needed or not, to which Lee replied “most large companies do not demand professionalism in finance and accounting. Information you have learned at Korea University Business School is enough.” The alumni generously shared their career stories as well. “I was able to eliminate the option that does not fit me because I studied two areas that are diametrically opposed to one another,” alumnus Daeho Kim, who studied both Marketing and CPA, said. “It is more useful to know about economy and issues on companies than building specs.”   “I hope no one misjudges simply by career prospects,” alumnus Hee Chul Lee said. “I hope all of you can find a job that fits you after thinking about your future over and over again.”  
Jun 22, 2016
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NEWS
Come Aboard the Startup Platform for College Students via “2016 Startup Express!”
Korea University Business School, startup competition “2016 Startup Express” held  Come aboard the startup platform for college students via “2016 Startup Express!” Winning Teams have an opportunity to move into the “KUBS Startup Station”…Application deadline is June 25   The KUBS Startup Station at Korea University Business School (KUBS, Dean Dong-One Kim) will hold a startup competition called “2016 Startup Express” to select creative startup teams. The following competition is hosted by the KUBS Startup Station and supervised by the Iljin Startup Incubation Center.     Students must submit their application and business idea plan by June 25 (Sat) via email (kubspr@adm.korea.ac.kr) and a business idea plan must be at least 2 pages. Presentation materials will be accepted until June 28 (Tue). The initial screening results will be announced on June 29 (Wed) and successful applicants will give a presentation on July 1 (Fri). The final results and award ceremony will be announced and held within a week after the presentation.   The 2016 Startup Express will be judged by the director of the KUBS Startup Station and delegates from Iljin Group. The judging criteria include △creativity and feasibility of business model, △business valuation, △research and analysis, etc. One Grand Prize, one First Prize, and two Encouragement Awards will be awarded. A winning team will receive operating expenses as moving into the Iljin Startup Incubation Center at KUBS Startup Station, which is scheduled to be completed in September. In addition, competition participants who have not been awarded may have an opportunity to move into the station depending on the quality of their business model. After the move-in, students will receive continued support and feedback from mentors consisting of △senior entrepreneurs, △industrial experts, △venture capitalists, etc.    Further information can be found on KUBS website (kubs.korea.ac.kr), and students can contact the KUBS Startup Station (02-3290-2551) for any inquiries.  
Jun 14, 2016
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NEWS
KUBS MBA Networking Day Successfully Completed
KUBS MBA Networking Day Successfully Completed       On May 27 (Fri) at 7:00 PM, the 2016 KUBS MBA Networking Day, hosted by Career Hub, was held in Ahn Young Ill Hall of the LG-POSCO Building. The purpose of this inaugural event is to bring current students and alumni of the five MBA programs together and share information. Dean Dong-One Kim and around 120 persons graced the event with their presence. “KUBS always listens to MBA students and strives to find ways to help them,” Dean Dong-One Kim said in his welcoming remarks. “This inaugural event is even more meaningful because it was organized to meet the demands of the students.”   “KUBS MBA plans to compete globally with its ultimate goal “Global Top 30, Asia No. 1 in 2030,” Dean Kim continued. “In order to strengthen the competitiveness of the MBA programs, our current students and alumni who have branched out into various fields are incredibly important."     The event was organized as part of the career development program for MBA students and alumni. It allows to interact and share information with students. “Through this event, full-time MBA students are able to prepare for job search before they graduate and also identify recent trends of job opportunities,” Career Hub Manager Sung Eun Lim said. “KMBA students have a chance to obtain important information by interacting with experts and incumbents engaging in an industrial field.”   “We hope that EMBA students, as a career mentor, can provide advice on long-term career development to students in other MBA programs,” Lim continued. “I have a great interest in Chinese business, and through this networking event, I had an opportunity to speak with the AMBA students and was able to obtain useful information,” Ji-young Lee (KMBA, ’16), one of the participants, said. “I hope these kinds of events will be organized more in the future so that I can reach out to many other students.” Meanwhile, Korea University Business School plans to hold the “KUBS MBA Networking Day” event regularly to bring MBA students into harmony.  
Jun 14, 2016
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NEWS
Startup Education Trend Sweeps through Universities
Startup Education Trend Sweeps through Universities   While the startup education trend sweeps through universities, Korea University Business School plays a leading role. “Startup is a new momentum,” Dean Dong-One Kim said. “It is time for universities to change their business education paradigm to nurture creative entrepreneurs.”   The KUBS Startup Station, which will be completed in September, will be the center of the flow. <KU Business Journal> introduces a variety of startup businesses that are implemented in other university along with Korea University.  KUBS Takes Lead in Making Startup Environment In May, Korea University has announced a construction plan for “Pi-Ville (π-Ville)” to actively support startup business. Pi-Ville is a place where students can use their infinite imagination—akin to transcendental number, π. It The Pi-Ville will be situated a vacant lot behind the Media Hall, in front of the Main Gate, and in the Sciences and Engineering Campus, in the form of container boxes.   KUBS is also in part of the startup fever and leading other universities. The construction of the KUBS Startup Station, which will produce future entrepreneurs, is fully underway with its preparation. Seed money will also be provided for students who are getting ready to start their own business. The funds are not only used for the startup support but also for the KUBS startup infrastructures.   Operation of Startup Academy Other universities are enthusiastically sticking their neck out for startup education. As of 2015, Hanyang University has produced approximately 400 alumni through startup class called “Hanyang Start-up Academy.” More than half of the academy alumni, 220 entrepreneurs in specific, succeeded in their business and earned 82.6 billion won in revenue. There is also a competition named “Lion Cup Competition,” in which students team up with alumni to start a business. In addition, the university offers “Techno-Business Administration” as a major course in the College of Engineering. Each team crystalizes a startup item with seed money of 100,000 won. Students who wish to patent their idea can apply for the “Patent Week” program.   Promoting Growth with Local Community There is a university that promotes growth in both local community and startups. Ewha Women’s University (EWU) has launched “Ehwa Startup 52nd St. Project” this semester to develop student startups and local community. The purpose of the project is to revive an alley in front of the Main Gate of EWU, which was previously well-known as a street of fashion. Through this project, the university rents out a store for students planning to start a business. Additionally, rental fees, tax accounting, legal consulting and mentoring, and scholarship are provided up to one year.   Government Encouraging Startup The trend of university’s support for startup businesses began by the government policies encouraging startup. In 2013, the Ministry of Education developed a plan for startup education with the vision of “Creation of Startup Ecosystem with Creativity, Challenge, and Hope” in order to vitalize startup education within universities. As an extension of the plan, the government has invested 1.5 billion won on startup education and vitalization of startup culture in 2014 to build a school-friendly regulation and ensure proper startup education.  
Jun 13, 2016
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NEWS
Special Interview on KUBS Startup Station
KUBS Dean Dong-One Kim     The KUBS Startup Station, located on the second floor of the KUBS Main Building, is scheduled to be completed in September. At the same time, our university will shift the direction of the education from “employment-centered” to “startup-centered.” Investment in startup is extremely significant not only for the school but also for the development of the Korean economy. The government actively operates startup programs for students as well. Such attempts have played as a positive role in leading the beginning of the “startup business” fad. However, I believe that education provided by universities can present a greater vision in terms of setting the groundwork for long-running startups in Korea because university is a place where culture change can be created gradually.   Once the construction of the KUBS Startup Station is completed, we plan to support students wishing to start their own business in various ways. KUBS will provide an office space where students can work in a pleasant working environment, and also proceed angel investments which is fund capital for an early-stage startup.   Moreover, startup education will be offered. For instance, KUBS will invite alumni who are engaged in industry and guests with various startup experiences to hold special lectures. This not only enables our students to acquire academic theories of startup, but also have an opportunity to develop business perspectives and dream bigger.   When formulating a plan to build a startup support center, we have benchmarked Stanford University and Babson College. In fact, some universities in the United States fund 300 dollars to students who matriculate the school and encourage them to start a business. Even if the students suffered failure in business, the universities give them another chance. Through this, students can launched their businesses approximately four or five times and experience practical startup business in depth. This indeed allows students to learn startup business most vividly.   Our school’s educational method will be changed. We plan to cooperate with other universities and utilize a wide range of networks. I wish our students can draw their ambitious future at the KUBS Startup Station.   Management Committee for KUBS Startup Station       (Left) Prof. Hicheon Kim, Prof. Dae Il Nam, Prof. Ho-Won Jung, and Research Prof. Doyoon Kim   Korea University Business School will launch the “KUBS Startup Station.” The KUBS Startup Station is an “innovation platform” that produce creative entrepreneurs. We believe that KUBS, which has been leading the study of the Business Administration in Korea for the past 110 years, can present a greater vision with the KUBS Startup Station. The KUBS Startup Station will impress our students as well as allowing prospective entrepreneurs to fulfill their ambitions. Such support is even more meaningful because the donations were made by KUBS alumni to nurture current students. In addition, we would like to extend our deepest gratitude to professors and alumni for supporting the KUBS Startup Station. The KUBS Startup Station will be divided into two sections: “Seung Myung Ho Entrepreneurship Education Center,” and “Iljin Startup Incubation Center.” Each center will offer systematic startup education and support to pursue its mission. The Iljin Startup Incubation Center enables students to collaborate with external organizations, such as an entrepreneur, industrial expert, venture capitalist, to develop their startup business and also to receive advice and support from mentors with various experiences. The Seung Myung Ho Entrepreneurship Education Center provides startup education and mentoring services. Students moving into the center can receive professional startup education. In addition, the Startup Lecture Series will be held regularly by inviting experts.   KUBS will spare no effort to produce entrepreneurs who perform internationally. The KUBS Startup Station offers the best experience and opportunity to KU students, graduates, as well as students from other universities. We hope that many of you will experience the vision of the KUBS.   ⁎The above interview has been reframed based on the conversation with Management Committee for KUBS Startup Station.
Jun 09, 2016
1,920
NEWS
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
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[2015 MBA Graduate Student Interview] The top graduate of FMBA, Young Jin Kim
Q. Congratulations on being the top graduate of FMBA program I would like to thank professors, staff members, FMBA graduates, other colleagues, and my family who have constantly supported me to achieve this excellent result. The FMBA program has not only built my long-term career plan, but also has given me an opportunity to improve myself throughout the past year. Q. What are your keys to success of becoming the top graduate of FMBA? My proactive attitudes produced such great outcomes. I tried my best to lead the team while performing the numbers of case studies and team projects. In addition, participating classes enthusiastically by reading lecture materials and organizing the list of questions beforehand is another key to receive positive evaluation. For those who are non-business majors, I highly emphasize that it is critical to prepare and review the notes from the previous lecture before class starts. Q. What do you remember the most during your FMBA? I remember vividly every moment of my FMBA journey. If I had to choose one, I would say “International Residence Program.” Studying at the National University of Singapore and Wharton School was extremely new and exciting. Also, I was able to cultivate the business acumen by visiting financial institutions in Hong Kong and New York. Lastly, I cannot forget the memories of my warm-hearted colleagues who helped me when I was injured during IRP. Q. What have you gained after completing one-year course of FMBA? I am currently in the hiring process and have a good feeling about it. Knowledge that I have gained from FMBA program has allowed me to view the entire financial market, as well as thinking globally. In addition, I am confident that students and alumni of Korea University will have access of professional networks and become an asset in the financial sector. Q. Do you have any advice for upcoming FMBA students? Set two or three goals for each module and devote your full attention to the studies. You will find yourself growing after a year. At the same time, I encourage students to participate actively in various events, such as MT, Ko-Yon games, athletic meetings, CDC program and cherish those moments while building your professional networks of MBA colleagues. A year is much shorter than you think. Do your best without regrets. I wish you a good luck in achieving your ultimate goals and success.  
Oct 28, 2015
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[2015 MBA Graduate Student Interview] The top of graduate of GMBA, Vincent Lee
Q. Tell us your impression of being named as the top graduate of GMBA program. Professor Se-Joon Hong told us at the very beginning that there is a reward for the top graduate of GMBA and consequently, I worked very hard to achieve it. There is no way however, I could have achieved this position without the help of my friends I worked with on school projects, and as such I am very grateful. Q. What did you mainly focus on to achieve this title while attending school? Our program is very intense with 8-week long courses. There are a number of assignments during those eight weeks with midterms and finals. This busy schedule keeps you constantly focused on the short-term goal of performing well. Q. Why did you choose Global MBA program 2 years ago? I chose it because of the school’s reputation as the top business school as well as the school’s strong alumni network. In addition, the program was only one year versus the standard two-year schedule in America. Q. How was your life as a student of Global MBA? I enjoyed socializing with diverse groups of people and many international as well as Korean graduate students. In addition, I tried to meet many people outside of our program. Life as a GMBA student is not an easy journey but it was very gratifying. Q. Which curriculum of Global MBA was helpful in your career? I wanted to focus on the areas where I was weaker. The most valuable classes I took were twofold. The first was Business Communication, where Professor Silvia Kozlovska helped me become much more confident in front of larger audiences. The second class was Uncertainty, Data & Decisions. Professor Byung Cho Kim made a highly analytical and data intensive class by emphasizing the valuable insights derived from the numbers. Q. Do you have any advice for your juniors who are studying at KUBS? Enjoy the program. Classes and grades are important but what’s more important are the relationships you build here and outside. I would encourage students to focus in class, work efficiently in groups, and with this efficiency, use your precious free-time well.  
Sep 23, 2015
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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
3,589