KUBS Signs International Partnership Agreement with Hitotsubashi University in Japan
KUBS Signs International Partnership Agreement with Hitotsubashi University in Japan Korea University Business School (Dean=Professor Soo Young Kwon) signed a five-year international partnership agreement with Graduate School of Commerce and Management Hitotsubashi University (一橋大学). The signing ceremony was held at Hitotsubashi University, situated in Tokyo, Japan, on January 9. Nearly 80 professors including △KUBS Dean Soo Young Kwon, △Associate Dean Jaehwan Kim, △Associate Dean Jong-Ho Lee, △Associate Dean Kyung Sam Park, △Professor Toyohiko Hachiya, Dean of Graduate School, △Professor Koichiro Takaoka, △Professor Tomoyuki Shimanuki, △Professor Kazuhiro Tanaka, and △Professor Hironori Fukukawa, graced the occasion with their presence. The agreement was made to foster advancement in academic pursuits and research in the business field. KUBS aims to explore exchange and research opportunities with Hitotsubashi University. The scope of partnership includes joint research projects, exchange of scholars, seminars, and more. The Student Exchange Program is open to undergraduate, graduate, and MBA students. Each school can send up to two students per year to study abroad at the other school. Exchange students are allowed to stay either one semester or up to one year. Founded in 1875 by Arinori Mori, Hitotsubashi University began as the Institute for Business Training (商法講習所). The university has an elite student body of around 5,000 undergraduates and 2,000 graduate students. As widely recognized in the field of commerce, Hitotsubashi University used to be named Tokyo Commercial School. “I hope both schools will be able to share each other’s strengths and march toward a brighter future,” KUBS Dean Kwon said. “We will actively support our partnership with Hitotsubashi University to thrive academic exchange and research opportunities.”
KUBS Startup Station Discovers New Future of Startup in Germany
KUBS Startup Station Discovers New Future of Startup in Germany KUBS Startup Station attended “TechCrunch Disrupt Berlin 2017,” a startup fair which took place in December, to enhance their practical startup skills. Nearly 30 student CEOs from nine KUBS startup teams based in Iljin Center for Startup Incubation – △Red Rocket, △Vlogr, △Stipop, △Hidden Track, △Rich Baeksoo, △D&I, △SOVS, △Cosmetheus, △Dr. Teddy – partook in the event, featuring company visits. TechCrunch Disrupt, held from December 4 to 5, allows startups from across the globe to introduce their businesses and interact with each other. Only fifteen selected teams will vie for the Disrupt Cup and $50,000 in the Startup Battlefield. The KUBS startup teams analyzed leading technologies worldwide and had the opportunity to hone their funding skills by networking at a global startup conference. At this year’s TechCrunch Disrupt, the participating startups mostly demonstrated business ideas such as automotive hardware, IoT devices, medical devices, and blockchains. Lia’s flushable pregnancy test won the grand prize in the Startup Battlefield. The participants concurred that many of the startups had business items with a huge potential for expansion. “After joining TechCrunch Disrupt, we thought we need to ensure our company provides a stronger value in the existing market,” Rich Baeksoo CEO Eul Rho said. “We were able to discover the future direction of our startup.” “I was particularly impressed by the ways that the Lia pregnancy test team, the winner of the Startup Battlefield, raised awareness of an issue and reached a solution,” D&I CEO Sangjoon Park said. “I have gained insights into the field of environment which will be an attractive market in the future, and hopefully D&I can relate to this field as well.” On December 6, the KUBS startup teams visited Korea Innovation Center (KIC) Europe to explore startups in Berlin. KIC Center President Seok Koo Ji explained the culture of German startups and potential for Korean companies to enter the German market. The number of startups and office leases has been rising rapidly after Berlin was selected as the world’s best city for startups to grow in 2016. “Although it is extremely challenging to expand a business internationally, I learned that doing business overseas will offer us more opportunities and open up access to a larger market,” SOVS CEO Hyungjoon Oh said. Meanwhile, as a part of the Korea University LINC+ Project, KUBS Startup Institute conducted a case research on TechCrunch Disrupt and Berlin’s startups to prepare for the event.
2018 KUBS Admitted Student Information Session
2018 KUBS Admitted Student Information Session The 2018 Korea University Business School (KUBS) Admitted Student Information Session was held at SUPEX Hall in LG-POSCO Building on December 23 at 2:00 p.m. This year’s information session is composed of the following programs: △KUBS Dean’s Greeting, △Introduction to KUBS, △Student and Alumni Stories, △Life at KUBS, △Q&A, and △KUBS Tour and Tea Party. “There is a reason why Korea University achieves excellence in various rankings worldwide,” said KUBS Dean Soo Young Kwon to the admitted students in his welcoming remarks. “I encourage you to think what makes KUBS broadly recognized the world.” “Fifteen professors discussed over and over again to select you all for admission,” said KUBS Associate Dean Jaehwan Kim while introducing KUBS. “The business school will always support and help talented student like you realize your dreams.” In the “Student and Alumni Stories” program, Kyung Hwan An (Business ’11) who was captain of Korea University Cheerleading Squad and recently passed his CPA exam emphasized that people should think about what they personally want to do, pursue their dreams, and then practice to accept whatever the outcome might be. “The business school immensely supported me in gaining global experience,” said Ju Won Im (Business ’13), a KUBS alumna who landed a job at SAP. “I wish you will be able to live out your dreams at KUBS.” After the information session, KUBS student ambassadors “KUBE” explained details about △Scholarship, △Student Exchange Program, △Global Internship and many more. KUBS students have a privilege to experience these valuable programs. The admitted students actively participated in the next session where they had to answer quiz questions given by KUBE. The participants receive a baseball jack with a KUBS logo on it as a reward for answering questions correctly. KUBE talked about campus life followed by the Q&A session where the admitted students and their parents can directly ask questions about KUBS. A campus tour was held afterward. The admitted students enjoyed snacks provided by the business school and toured around the KUBS buildings including LG-POSCO Building and Hyundai Motor Hall. They also had the opportunity to chat with current KUBS students to satisfy their curiosity.
KMBA Students Become One through KMBA Night
KMBA Students Become One through KMBA Night The Korea MBA Program (KMBA) hosted the KMBA Night to celebrate the end of 2017 at Conrad Seoul on December 22 at 7:00 p.m. Eschewing the conventional year-end parties, soon-to-be graduating Entering Class of 2016 and the Entering Class of 2017 who are about to become upperclassmen gathered to congratulate each other. “Ding Ga,” a KMBA student club, put on a performance at the KMBA Night. Their songs and dance heated up the event. Many of the students waved the light sticks while applauding the club members’ performance in front of the stage. Students from other universities such as Sungkyunkwan University and KAIST joined and enjoyed the event. “I am proud that you can study hard and play hard,” said KUBS Dean Soo Young Kwon who congratulated the students at the event. “You all have been working hard over the past year. I hope 2018 will be a very prosperous year and a spectacular one for all.” After Dean Kwon’s congratulatory remarks, Professor Dongwon Lee gave a toast to the KMBA students. An inauguration ceremony of the KMBA Student Association was held. “The two years of my MBA journey flew by,” said Jiyoung Lee (Entering Class of ’16), who was president of the association in 2017. “I could not have come this far without the encouragement and support of 400 KMBA students.” “Although this is a small part of our life, I will strive to make it significant and memorable,” said Yookyung Son (Entering Class of ’17), the newly-elected president of the KMBA Student Association.
Spring 2018 KUBS Student Exchange Program Pre-departure Session
Spring 2018 KUBS Student Exchange Program Pre-departure Session The Spring 2018 Korea University Business School (KUBS) Student Exchange Program Pre-departure Session was held at Ahn Young Il Hall in LG-PSOCO Building on Friday, December 22 at 3:00 p.m. Associate Dean Jong-Ho Lee joined the pre-departure session to deliver his speech. A program manager from KUBS International Office also attended the event to inform students about safety tips, pre-departure preparation, and credit approval for study abroad. “Prior to your departure, I encourage you to think about what you want to learn from your study abroad experience,” said Associate Dean Lee. “I hope you will be able to widen your horizons by meeting people from diverse backgrounds and experiencing a variety of cultures through this program.” A total of 67 students will be sent to 18 universities across the world in Spring 2018. As of Fall 2017, KUBS currently upholds exchange partnerships with 119 universities in 34 countries. Any KUBS students have the opportunity to study abroad for one or two semesters and can transfer credits earned at their exchange universities.
“Have Breakfast and Do Well on Your Finals!” - KUBS Joins “Eat Breakfast and Study at Library” Project
“Have Breakfast and Do Well on Your Finals!” KUBS joins “Eat Breakfast and Study at Library” project … Evokes explosive response from students In conjunction with Korea University Library (KU Library), Korea University Business School (Dean=Professor Soo Young Kwon) hosted the “Eat Breakfast and Study at Library (Eat and Study)” project during the final exam period for students who skip breakfast to go to school early in the morning. KUBS Dean Kwon, Associate Dean Jaehwan Kim, and Associate Dean Jong-Ho Lee participated in the event, held on December 18 at 8:00 a.m., and handed out sandwiches and drinks to students. The library’s lobby was jam-packed with so many students lining up to get breakfast in the morning. The food delivery was held simultaneously at the lobby of KU Library and the first basement of Hana Square. KUBS drew positive and explosive responses from students by preparing around 400 sandwiches and drinks. The Eat and Study Project, launched by faculty and KU Library, was designed for students who are exhausted by exams. The event was held three times during the final exam period to encourage students to get a well-rounded breakfast and do best on their exams. The first and second events were hosted by Professor Sungchul Kim, KU Library Director, on December 7 and Professor Soon Gu Myung, Dean of KU School of Law, on December 14, respectively. KUBS Dean Kwon and Professor Hyuk Yoo, Dean of KU Graduate School of Computer and Information Technology, joined the third event on December 18. “I pulled an all-nighter at the library to study for my final exams and lined up here to get breakfast,” said Gil Yong Lee (Linguistics, ’13), a KU student who received his meal at the library. “I was going to skip breakfast because of my hectic exam schedule, but thanks to KUBS which provided us breakfast, I feel like I can do well on the exams.” “I am impressed and proud of our students who skip breakfast to come to school and study in spite of the brutally cold weather,” Dean Kwon said. “I hope students enjoy these sandwiches that we provided this morning, do well on their final exams, and have a wonderful winter break.”
Check Out Global Job Opportunities on “Highered!”
Check Out Global Job Opportunities on “Highered!” Korea University Business School (KUBS) now provides a global career service platform called “Highered,” developed by EFMD (European Foundation for Management Development), an international membership organization of business schools and corporations. The Highered Global Talent, EFMD’s Global Career Service, is open only to students of EQUIS-accredited business schools. As the evaluating process is rigorous, only 172 universities hold the EQUIS accreditation worldwide. A five-year accreditation is given to universities with excellent evaluation scores in all categories, while a three-year accreditation is given if the evaluation score is below the standard in some categories. In fact, a mere 100 universities around the world earned a five-year accreditation. KUBS obtained Korea’s first three-year and five-year EQUIS accreditation in 2007 and 2010, respectively. In 2015, KUBS succeeded in renewing its five-year accreditation. The Highered Global Talent releases the most up-to-date positions. As of December 8, 707 job opportunities from global corporations, including Microsoft, Airbus, Uber, EY, L'Oréal, Richemont, Bloomberg, Bayer, and Nike, are posted. The Highered also provides information on 425 international companies, global placement trends, and career development. Through the My Page feature, students can save job posts and news, as well as searching further information by company, country, job function, and industry of their interest. All KUBS students have access to Korea University’s Highered (korea.higheredtalent.org) to use Global Career Service after verifying school email address. Any inquiries can be directed to the KUBS Career Hub (02-3290-1698). Click here to visit the Highered website Click here to visit the KUBS Career Hub website
KUBS, “Indisputable No. 1” for 10 Consecutive Years in National Business School Assessment
KUBS, “Indisputable No. 1” for 10 Consecutive Years in National Business School Assessment Korea University Business School (KUBS) is ranked first for the tenth consecutive year in the 2017 National Business School Assessment annually conducted by Hankyung Business. KUBS secured its top spot since 2008 and stood at the leading position among business schools in Korea. ▲Photo=Hankyung Business This year’s assessment was surveyed by HR directors of the top 200 companies in 2017, mutually selected by NICE Group and Hankyung Business. The survey was carried out on 55 business schools whose number of admission-accepted students is 100 or more. The assessment was analyzed by Global Research based on nine performance categories: △Job adaptability, △Compatibility with organization, △Development potential, △Creative problem-solving skills, △Globalization system, △Diligence and responsibility, △Recruitment for new employees, and △Entrance into Graduate School. Of the nine indicators, KUBS demonstrated excellence in △Job adaptability and △Diligence and responsibility. Particularly, the business school outperformed Sungkyunkwan University, which placed second in the assessment, in the job adaptability category with a margin of more than 100 points. KUBS also maintained the top position in the diligence and responsibility category. Hankyung Business highly praised the efforts of the business school for having 83 professors, Korea’s largest and unbeatable faculty size, and making bold investments in its start-up institute, an independent operating platform, to nurture the next generation of leaders. In the meantime, KUBS is ranked 1st in Korea and 68th worldwide in the 2018 Times Higher Education’s (THE) business and economics ranking. In the 2018 Best Global Universities Rankings for Economics and Business released by U.S. News & World Report, the business school also placed 1st in the nation and 98th in the world. KUBS is making progress while expanding beyond Korea to compete in a spirit of goodwill with prestigious universities across the globe. “Korea University is driven by students’ problem-solving skills and creative education, which helps enhance capabilities that companies require,” KUBS Dean Soo Young Kwon said. “Without being complacent with our current achievement, we will do our best to build KUBS into a ‘research-oriented business school joining the Asia’s top 3 and the world’s top 50.’” View Related Articles [한경비즈니스] '2017 전국 경영대 랭킹' 커버스토리 기사 인덱스 [종합순위] 고려대 10년째 금빛 질주, '빅5'는 어디? [9개 부문별 순위] 서울대·고려대·연세대(SKY) 성적 가른 '조직 융화력' [고려대 경영대 1위 비결] 고려대, 10년 연속 국내 경영대 1위인 이유 [고려대 경영대학장 인터뷰] 권수영 고려대 경영대학장이 말하는 '고대의 힘' [경영대 트렌드]"4차 산업혁명 시대, 글로벌 인재 키우는 경영대학" ▶한경비즈니스 1149호 E-Book에서 보기(클릭)◀
KUBS Receives Highest Score in JWB GRP Among Korean Universities
KUBS Receives Highest Score in JWB GRP Among Korean Universities Acknowledgement made by a credible assessment standard estimating research performance of a nine-year period Korea University Business School (KUBS; Dean=Professor Soo Young Kwon) received the highest score among Korean universities in the field of Business and Management in the JWB GRP System created by a publication in the Journal of World Business (JWB). The analysis was computed statistically based on the nine-year research performance between 2007 and 2015. In the field of Business and Management, KUBS topped in Korea and is ranked 143rd worldwide as well as placing within the top 10 in Asia. Among universities in Korea, △Seoul National University (173rd) came next followed by △Yonsei University (177th) and △Sungkyunkwan University (268th). In the IB field, KUBS is 1st in the nation, 6th in Asia, and 33rd in the world. The analysis was conducted through the Global Research Performance (GRP) System. As the existing rankings are based on stated preference approach, which is shown to be prone to exposure bias, GRP is provided to readers by collecting bibliometric data for nine-year period from the Web of Science. Using the number of journals and citations, the researchers included visible journals to guarantee that all relevant research is captured. Journals in the GRP system included 389,785 publications in total by relevant institutional units. Geographically, this output originated from 3,352 institutions in 127 countries, with 53.1% of these produced in the U.S. and 68% produced by AACSB-accredited institutions. In the IB field, the researchers identified 1,029 institutions in 75 countries published at least one paper between 2007 and 2015 in any of the seven IB journals in the system. The achievement is significant in that it is being lauded despite the fact that KUBS is a non-English speaking institution. The evaluation was made based on the top journals published in English-language. Among the 200 high-ranking institutions on the list, only 54 of them situated in countries where English is not the native language. “Making world-class research performance is just as important as strengthening our global competitiveness as a business education institution,” KUBS Dean Soo Young Kwon said. “There is no room for complacency. We will strive to solidify our position as a globally competitive business school that is prepared for the 4th Industrial Revolution.” Further details on the method of GRP is available on the website of Journal of World Business (www.elsevier.com/locate/jwb). All data used in the evaluation is open and accessible to the public worldwide. View Related Articles [천지일보] 고려대 경영대학, JWB 세계 연구 성과 분석 국내 최고점 획득 [대학저널] 고려대 경영대학, JWB 세계 연구 성과 분석 국내 최고점 획득 [에너지경제] 고려대 경영대학, JWB 세계 연구 성과 분석 국내 최고 점수 ‘획득’ [에듀동아] 고려대 경영대학, JWB 세계 연구 성과 분석 국내 최고점 획득 [베리타스알파] 고려대 경영대, JWB 세계 연구성과 분석 국내 최고점 획득
“CHOO CHOO DAY” by KUBS Startup Institute to Be Held
“CHOO CHOO DAY” by KUBS Startup Institute to Be Held A demo day helps startups grow globally…Sharing performances of 7 KUBS startups which have been incubated for 6 months. Korea University Business School (KUBS; Dean=Professor Soo Young Kwon) will hold the Fall 2017 CHOO CHOO DAY on Friday, November 3 at LG-POSCO Building. The CHOO CHOO DAY is hosted by Korea University Business School and supervised by KUBS Startup Institute (Director=Professor Hicheon Kim). The event is a demo day that allows KUBS startup teams to demonstrate their performances in front of investors and industry insiders. KUBS startup teams went through a training program and have been incubated at KUBS Startup Station, which is a startup incubation platform, for the past six months. A total of seven KUBS startup teams will participate in the CHOO CHOO DAY: ①“Stipop,” providing an open platform for emoticons, ②“Linder,” running calendar subscription services, ③“Toad,” providing smart expense curation services, ④”SOVS,” a camera app specialized in composition by silhouette, ⑤”Miro,” providing one-stop dermatologic clinic matching services, ⑥”Soulgit,” a global mobile casual game publisher based on advertisement, ⑦”Poppet,” a pet IoT company. The teams incubated at KUBS Startup Station were selected through the 2017 Startup Express. Prior to the competition, only ten percent of total applicants passed the application screening stage and interview. Each team was granted a budget for operation expenses of up to 5,000,000 won. They also received an office space, available on the second floor of Iljin Center for Startup Incubation, and networking, advertising, and marketing services for free. The companies that signed an MOU with KUBS, such as △Kim & Chang (law firm), △PwC (accounting firm), △Amazon Web Service, and △Y Crowdfunding, provided practical business support for the startup teams. “KUBS strives to bring a win-win situation for the KUBS startup teams,” said Professor Kim, who is the Director of KUBS Startup Institute. “I hope the startup teams can successfully debut in Korea and the world through the CHOO CHOO DAY. At the same time, our institute will continue to make a contribution to a startup ecosystem.” The 2017 CHOO CHOO DAY is open to anyone who is interested in startups. To register for the event, visit onoffmix.com/event/115984. Click here to register KUBS Startup Station Established under Korea University Business School Startup Institute, KUBS Startup Station is a “Platform for Inspiring Innovation & Entrepreneurship.” It is a space where future entrepreneurs who have gathered from diverse backgrounds with interest in the startup business achieve innovation by sharing and cooperation. The KUBS Startup Station comprises “Iljin Center for Startup Incubation” and “Seung Myung-Ho Center for Entrepreneurship Education.” KUBS startup teams are selected through annually held “Startup Express.” A group of mentors made up of members from KUBS faculty, entrepreneurs, and industry experts provides support and advisory services to startup teams. Startup education, such as Startup Lecture Series inviting guest speakers from various fields, is offered as well (website: https://www.startupstation.kr/?lang=en).
Korea University’s MBA Admissions Open for Spring 2018
Korea University’s MBA Admissions Open for Spring 2018 Korea University Business School (Dean=Professor Soo Young Kwon) is now accepting applications for Spring 2018 MBA admissions. Three MBA programs that admit new students are △Korea MBA, △Executive MBA, and △Finance MBA. Korea MBA (KMBA) is a two-year, evening MBA program designed for the best working professionals in Korea and requires 45 credit hours of coursework. As the program runs in spring and fall semesters, it is ideal for professionals who work full time and want to earn an MBA degree. KMBA offers specialized majors such as Organization, Accounting, Finance, Marketing, LSOM, MIS, International Business, and Strategy. The application deadline for KMBA is October 25 (Wed) at 17:00. The MBA Admissions Board’s decision will be released on December 8 (Fri) at 15:00. Executive MBA (EMBA), designed to serve senior executive with a minimum of 10 years of significant professional experience, is a two-year weekend program (Fridays and Saturdays). While two program directors will be assigned to help students with their coursework, EMBA offers superb educational services including exclusive use of MBA classrooms and lounges. On the top of that, EMBA competes on the world stage. In fact, the program was ranked 24th in the 2016 World’s Top 100 Executive MBA Rankings, announced by Financial Times in the United Kingdom. The application deadline for EMBA is October 27 (Fri) at 17:00. The Admissions Board’s decision will be released on November 15 (Wed) at 15:00. Finance MBA (FMBA) aims to foster financial leaders who will lead the Korean financial industry. FMBA is a two-year, evening MBA program, and its classes are scheduled to meet two nights a week. Biweekly Saturday classes and summer and winter sessions are available as well. Students can learn finance and management theory from the best faculty in Korea, attend lectures delivered by financial experts from various fields, and pursue its well-balanced curriculum which combines theory and practice. The application deadline for FMBA is October 25 (Wed); 17:00. The Admissions Board’s decision will be released on November 27 (Mon) at 15:00. On September 20 (Wed), Korea University Business School will host the 2018 Admissions Information Session on the Seoul Campus of Korea University. The EMBA Information Session will be held at 19:00 in Ahn Young Il Hall of LG-POSCO Building while the KMBA Information Session is at 19:20 in SUPEX Hall of LG-POSCO Building. Lastly, the FMBA Information Session is scheduled to be held at 19:00 in room 202 of Hyundai Motor Hall. The admissions information session includes an introduction to KUBS and each program and a Q&A session. MBA admissions for Spring 2018 are available at https://bizapply.korea.ac.kr/en/. Any inquiries regarding admission can be directed to the Administrative Office of MBA Programs at 02-3290-5365.
KU Ranks 71st in 2017 KUBS Worldwide Business Research Rankings…Korea’s only Business School to Be Named in Top 100
Korea University Releases “2017 KUBS Worldwide Business Research Rankings” Analysis on 40,000 publications data from 86 business journals. University of Pennsylvania is ranked 1st followed by Erasmus University Rotterdam (2nd), and University of Michigan at Ann Arbor (3rd)…Korea University moved up three places to sit in 71st, Korea’s only business school to be named in the top 100. On October 19 (Thu), the Center for Business Research Analytics at Korea University Business School (KUBS; Dean=Professor Soo Young Kwon) released the 2017 KUBS Worldwide Business Research Rankings™ (KUBS Rankings). This year, the University of Pennsylvania maintained the top spot followed by Erasmus University Rotterdam (2nd) and University of Michigan at Ann Arbor (3rd). Within the Asian region, City University of Hong Kong (5th) and National University of Singapore (6th) placed in the top 10 while Hong Kong Polytechnic University (18th) is ranked in the top 20. Korea University has been ranked as the one and only university in Korea to be named in the top 100. Other Korean universities are ranked as follows: Korea Advanced Institute of Science & Technology (111th), Seoul National University (179th), and Yonsei University (204th). Particularly, Korea University stayed at No. 1 in Korea, placing itself within the top 10 in Asia. The KUBS Rankings, annually released in autumn, is an evaluation index which indicates the research capabilities and performances of universities worldwide by data analyses on 40,000 publications listed in the 86 distinguished journals. The worldwide rankings are released as an overall index which can be viewed by “Rankings by Area” and “Rankings by Journal”. The areas are divided into seven business research areas of study, including △Accounting, △Finance, △Management, △Management Information System (MIS), △Marketing, △Operations, Management & Management Science (OM/MS), and △International Business (IB) & Strategy. Five years of publication data from 2012 to 2016 have been computed for the 2017 KUBS Worldwide Rankings. The top 300 universities are ranked based on the sum of converted scores, reflecting the number of authors and their affiliations. Looking at the performances of Korean universities in the 2017 KUBS Rankings, Korea University moved up three places higher from 74th to 71st this year, and KAIST Korea Advanced Institute of Science & Technology soared upward 28 places (139th in 2016). Meanwhile, Seoul National University and Yonsei University showed a drop in the ranking compared to last year. The KUBS Rankings provides analyses on a wider scope of journals compared to the UTD Top 100 Business School Research Rankings™ (UTD Rankings) which conducts analyses only on 24 distinguished journals. While there is a tendency for the UTD Rankings to show outstanding performance of universities mainly in the United States, the KUBS Rankings strives to have its base on a more practical evaluation standard by conducting analysis on a broader variety of journals so that the top universities in the European region as well as the ones in the Asian Pacific region will not be undervalued. “In order to secure its reliability, KUBS Ranking evaluates all of the publications listed in the world's renowned business journals by creating a database,” KUBS Dean Soo Young Kwon said. “Through the KUBS Rankings, I hope prestigious business schools around the world can be recognized for their research achievements and also hope this would pave the way for significant progresses in studies of the business field. For more information about the 2017 KUBS Rankings, visit kubsrankings.korea.ac.kr. View Related Articles [이데일리] 고려대, 세계 경영대학 랭킹서 71위 선정…국내 유일 100위권 [베리타스알파] 고려대, '2017 KUBS 세계 경영학 리서치 랭킹' 발표 [비즈트리뷴] 고려대, 2017 KUBS 세계 경영학 리서치 세계 71위 차지 [천지일보] 고려대, '2017 KUBS 세계 경영학 리서치 랭킹' 발표 [대학저널] 고려대, '2017 KUBS 세계 경영학 리서치 랭킹' 발표
KUBS EMBA Ranks 20th in FT Ranking, No. 1 in Korea for 7 Consecutive Years
The UK Financial Times (FT) Releases Executive MBA Ranking for 2017 KUBS EMBA, ranking 20th in the world, remains the top among the universities in Korea for seven consecutive years The Korea University Business School (KUBS, Dean=Professor Soo Young Kwon) Executive MBA (EMBA) is ranked 20th in the Executive MBA Ranking 2017 released by the British newspaper Financial Times (FT). According to this year’s ranking by FT, the KUBS EMBA placed 24th worldwide in 2016 and has emerged 20th in 2017, coming in at No. 1 in Korea for seven consecutive years. It is also noteworthy that KUBS has remained high on the list in terms of its 3-year-average ranking, one of indicators that provides a more accurate assessment of a program’s quality in the long term. The average ranking of the KUBS EMBA for the past three year is 24th (27th in 2015, 24th in 2016, and 20th in 2017). The KUBS EMBA outperforms some of the world’s best business schools such as △Columbia Business School (40th), △UCLA: Anderson (48th), and △Cornell University: Johnson (49th). The EMBA jointly delivered by Kellogg and HKUST Business School lead the ranking. In Korea, Yonsei University EMBA came in 43rd. The Financial Times conducts a survey once a year based on alumni’s salary increase and career progress, research rank, international diversity, etc. and finds the top 100. Data for the ranking are annually collected from alumni who graduated in June. The survey begins in the following month, and its ranking is released in October. The KUBS EMBA achieved high scores in the following ranking criteria: △Salary increase, △Career progress, △Aims achieved, and △Faculty with doctorates. Furthermore, what distinguishes the KUBS EMBA is that it is a single-school program. In the ranking, there are a total of 24 executive MBAs run by Asian universities. Among them, only nine universities, including Korea University, Shanghai Jiao Tong University (6th), Nanyang University (30th), and Chinese University of Hong Kong (32nd), exclusively run their own EMBA programs. The rest of the universities are in partnership with universities in the United Sates, the United Kingdom, or France for their joint programs. “The FT ranking reaffirmed our global competitiveness and excellence of the program,” said KUBS Dean Soo Young Kwon. “We will continue to support the KUBS EMBA to develop and maintain the title of “the world-class Korea University Business School.” Korea’s one and only world-class MBA , KUBS Executive MBA Founded in 2003 as the first Executive MBA program in Korea, Korea University Business School’s Executive MBA program aims to develop creative-minded global CEOs. KUBS EMBA is a 2-year program with lectures conducted on weekends. The program has the best faculty and recruits the best students; applicants must have a minimum of 10 years’ work experience and hold senior management or executive positions, offering an unparalleled environment. Exclusive lecture rooms and a student lounge dedicated for the program’s participants, mostly in executive positions, offer facilities commensurable with their status. Students receive the highest quality of education with two head professors in the program, a full-time program manager, and two teaching assistants dedicated to provide support. View Related Articles [중앙일보] 고려대 Executive MBA, 영국 FT 선정 랭킹서 20위 [연합뉴스] 고려대, 英 FT 선정 최고경영자 과정 20위…7년 연속 국내1위 [한국경제] 고려대, FT '세계 EMBA 순위' 20위 올라 [서울경제] 고려대 EMBA, FT 평가 세계 20위···7년 연속 국내 1위 [뉴스타운] 고려대 EMBA 세계 20위, 7년 연속 압도적 국내 1위 [베리타스알파] 고려대, EMBA 세계 20위, 7년 연속 국내 1위 [베리타스알파] FT 세계 EMBA ‘순위상승’ 고려대 20위.. ‘국내1위 고수’ [에듀동아] 고려대, EMBA 세계20위, 7년 연속 압도적 국내 1위 [천지일보] 고려대 EMBA 세계 20위, 7년 연속 압도적 국내 1위 [대학저널] 고려대, '英파이낸셜타임즈 EMBA 순위'에서 20위 [메트로신문] 고려대 EMBA 세계 20위, 7년 연속 압도적 국내 1위
Applications for Spring 2018 KUBS Graduate Admission Open
Applications for Spring 2018 KUBS Graduate Admission Open The application for Spring 2018 KUBS Graduate Admission will be open soon. The Department of Business Administration, which offers six major areas of specialization (△Management, △MIS, △LSOM, △Marketing, △Finance, and △Accounting), and the Department of International Business will admit new students. Applicants can apply for Spring 2018 KUBS graduate admission online via Korea University Graduate School's website (https://graduate.korea.ac.kr). Further information is also available on the website. The admissions information session will be held on September 15 (Fri) at 15:00 in room 433 of LG-POSCO Building. ※ Click the image below to register for the admission information session. The admission process for domestic and international applicants will be conducted separately. The online application period for domestic applicants will be October 10 (Tue) through October 16 (Mon) while international applicants can apply from September 11 (Mon) to September 22 (Fri). In addition, domestic and international applicants are required to submit hard-copy application items by October 18 (Wed) and September 29 (Fri), respectively. Applications and interview will be reviewed and conducted by an admissions committee of each department. The review period applies to both domestic and international applicants. The application screening process is from November 6 (Mon) to November 10 (Fri), and the interview will be held on November 11 (Sat). After this review process, admission decisions are scheduled to be announced on December 8 (Fri). Meanwhile, starting Spring 2018, international applicants are required to submit the online application and are invited for interview. However, a decision on whether or not to conduct an interview will made by the admissions committee of each department.
KU Achieved Highest Pass Rate on 52nd CPA Exam for 2 Consecutive Years
KU Achieved the Highest Pass Rate on the 52nd CPA Exam for 2 Consecutive Years On the 52nd Certified Public Accountant (CPA) Examination of 2017, Korea University has recorded the highest pass rate in the country, far outstripping other universities in Korea. This achievement reaffirms KU’s position as the best institute for nurturing certified public accountants, with the highest cumulative numbers for the past six years (2012 – 2017). According to reports by several accounting firms, KU has produced a total of 97 successful CPA candidates this year, which is the largest among universities in Korea. Yonsei University and Sungkyunkwan University tied for runner-up with 78 successful candidates each. Kyung Hee University (73 successes) came in third followed by Chung-Ang University (70 successes) and Hanyang University (65 successes). Based on the CPA exam results over the last five years, this is the second consecutive year for having a huge gap between first and second place. Although the number of successful CPA candidates has dropped slightly from 118 to 97, KU still produced 20 more than Yonsei University and proved itself as the top performer in the business field. There was a prospect KU would have the most number of successful CPA candidates this year, as it already achieved the highest pass rate with 180 successes in the first CPA exam. These laudable achievements were made possible by the support of the university. Korea University Business School (KUBS) runs a CPA prep program called “Jeongjincho (精進礎, Advisor=Professor Han Sang Yi) and throws full support behind students studying CPA. Moreover, Jeongjincho offers gathering events with alumni from accounting firms and various lectures. All KU students and graduates are eligible to participate in the events. Meanwhile, a total of 915 candidates passed the 52nd CPA Exam according to the Financial Supervisory Service. Out of 2,898 CPA examinees who took the second CPA exam from June 24 to 25, those who scored 60 or higher in all subjects have been selected as final successful CPA candidates.
Chaelynn Lee (Business ’14) Awarded Highest Honor in World Miss University Korea
Chaelynn Lee (Business ’14) Awarded Highest Honor in World Miss University Korea “I dream of becoming a global CEO” Chaelynn Lee (Business ’14), an undergraduate of Korea University Business School (Dean=Professor Soo Young Kwon), was awarded “Ji,” the highest honor in the 30th World Miss University 2017 in Korea. World Miss University is an annually held world campus peace festival, aimed at selecting group of candidates to form a World University Peace Corps delegation. The event was organized to commemorate the 1986 UN’s resolution of celebrating the International Year of Peace. Students selected under each of the 3 categories in “Ji (wisdom),” “Duk (virtue),” and “Chae (body)” will join other students from around the world and serve as members in the World University Peace Corps. On August 30 at 6:00 p.m., the 2017 World Miss University in Korea was held in Theater Hall, Walkerhill Hotel situated in Gwangjin-gu, Gwangjang-dong, Seoul. To consolidate friendship among the participants, the 60 contestants partook in a 10 day bonding activity which took place from the 21st to the 30th of August. These activities included visiting Seoul National Cemetery, serving as honorary ambassadors to PyeongChang Winter Olympics holding charity sale, and visiting Sungkyunkwan University to have education in manners. They introduced themselves on the official webpage and various portal sites to showcase their talents varying in dancing, singing, and playing musical instruments. Lee was given the Peace Forum Award, and granted the title “Ji,” recognizing her as the most suitable candidate to serve as an envoy for peace. She dreams of becoming a global CEO, and she is fluent in English and French. Lee enjoys playing tennis and doing yoga. She is now qualified to compete in World Miss University which is scheduled to be held in Cambodia in December. “I did not expect to win first place but it is a privilege,” Lee said. “I will fulfill my dream of becoming a global CEO and be at the forefront of promoting world peace.” Meanwhile, Eun Hye Shin from Yonsei University Law School was awarded second place “Duk,” with Ha Young Lee from Ewha Womans University settling for third place, “Chae.
Retirement Ceremony for Professor Seoil Chaiy, Professor Jin Kyu Lee, and Professor Kwan Hee Yoo
Retirement Ceremony for Professor Seoil Chaiy, Professor Jin Kyu Lee, and Professor Kwan Hee Yoo Wishing all retiring professors a bright and blessed future On August 25 (Fri) at 6:00 p.m., Korea University Business School (Dean=Professor Soo Young Kwon) hosted a retirement ceremony for professors dedicated to nurturing the next generation of scholars for a long time. The retirement ceremony was held by KUBS to celebrate and honor the retirement of the professors who poured out their endless love and passion for KUBS. Three retiring faculty members — Professor Seoil Chaiy, Professor Jin Kyu Lee, and Professor Kwan Hee Yoo — and KUBS professors attended the celebration. KUBS Dean Soo Young Kwon said each of the three faculty members will be sorely missed. He remembered Professor Chaiy as “a living witness to the history of KUBS,” Professor Lee as “a leader in diverse fields,” Professor Yoo as “a mentor who taught complicated accounting theories at the level of students.” “Each one of you are the pride of KUBS,” Dean Kwon concluded. “As elders of KUBS, I have no doubt you will continue to play a pivotal role.” The retiring professors’ love and pride in the university stood out in their poignant farewell speeches. “I truly enjoyed my life as a professor. Being a professor was a true vocation,” Professor Chaiy said. “It has been my privilege and honor to serve as a professor of Korea University for a long period of time.” As Professor Chaiy was extremely empathetic towards students who had concerns about their career paths, he plans to provide job information and help map out a career path for students after his retirement. “I am currently finding a way to return the support I had received from Korea University,” Professor Lee said. “I will always keep in my mind that I was a professor of Korea University and will help people facing obstacles in varied ways.” “21 years and a half – I have spent one-third of my life at Korea University. I was able to look back on my journey I have walked through,” Professor Yoo said in his farewell speech. “I believe one of my talents is teaching, and after my retirement, I will strive to produce the next generation of scholars using my unique talent.” Meanwhile, Professor Seoil Chaiy, Professor Jin Kyu Lee, and Professor Kwan Hee Yoo joined the faculty of Korea University Business School in 1984, 1989 and 1996, respectively and retired from KUBS in August 2017. As of Fall 2017, the three professors will serve as professors emeriti and continue to contribute to the development of the university in different directions.
KUBS Futurum 2017 Asia Tri-lateral Seminar Launched
Korea, China, and Japan gathered to lead rapidly changing future society KUBS Futurum 2017 Asia Tri-lateral Seminar Launched On August 17, “KUBS Futurum 2017 Asia Tri-lateral Seminar” was successfully held at LG-POSCO Building. The seminar was hosted by Korea University Business School (KUBS) in conjunction with Peking University HSBC Business School (PHBS) in China and Hitotsubashi University in Japan. Launching its first-ever seminar at Korea University, the three universities will alternately host a seminar every year. The Asia Tri-lateral Seminar is the second session of the “KUBS Futurum,” a Future Forum event by KUBS, and an annual academic forum held every August. The seminar was organized to predict a future society affected by the fourth industrial revolution and seek a preemptive strategy to overcome barriers. The topic of this year’s Asia Tri-lateral Seminar was “Corporate Strategies in China, Japan, and Korea in the New Normal Era.” The seminar consisted of a presentation session and discussion session. The presentation session was conducted by Professor James Yen from PHBS, Professor Toshihiko Kato from Hitotsubashi University, and Professor Jon J. Moon from KUBS while the discussion session, opened to the audience, was led by Professor Jay Hyuk Rhee from KUBS, Professor Jiao Shi from PHBS, and Professor Fujiwara Masatoshi from Hitotsubashi University. The first presenter was Professor James Yen from PHBS who talked about “Transformation Strategies for Chinese Private Enterprises in the New Normal Era.” Professor Yen stressed on Chinese government’s grand strategy “one belt, one road (OBOR)” and “family succession plans” in Chinese private enterprises. OBOR comprises of two routes — the Silk Road Economic Belt that links China to Europe through Central Asia and the 21st Century Maritime Silk Road connecting Southeast Asia and Europe to Africa. “Under the Chinese government’s OBOR, Chinese private enterprises desire a successful transition from the founder to the second generation,” Professor Yen said. “Businesses such as energy and infrastructure in the OBOR project are appealing opportunities for second-generation successors to prove themselves as business owners.” After Professor Yen’s presentation, Professor Toshihiko Kato from Hitotsubashi University continued his presentation on “Organizational Obstacles to Effective Strategic Action.” He pointed out that creating and sharing a clear strategy among core members of a business unit through close communication and allocating responsibility for implementation of the business unit’s strategy to each member are the ways to construct an effective organization. “Dubious delegation seasoned with irresponsibility brings organizational malfunctions in the business unit,” Professor Kato said. “The most effective method is to make subordinates participate in formulating a corporate strategy.” The last presentation, titled “Strategies under Low Growth and High Geopolitical Risk,” was delivered by Professor Jon J. Moon. “Japanese firms’ active international diversification strategy helped escape from the low-growth economy,” Professor Moon said. “Toyota successfully overcame the decline in domestic sales by carrying out its aggressive international diversification strategy in 2000s.” He asserted that Korean firms should integrate more into Chinese markets as they are facing geopolitical risk with the tension between the U.S. and China. For instance, although South Korean company Lotte suffered sales loss in China due to the deployment of the THAAD, its sales, in fact, have been sliding for years. “If Korean firms want to survive in China, they have to deeply engage in its markets by implementing corporate social responsibility activities and playing as a bridging role for Chinese companies to enter Korea,” Professor Moon added. “I would like to thank Professor Wen Hai, Dean of PHBS, and Professor Toyohiko Hachiya, Dean of Hitotsubashi University for their boundless support of the Asia Tri-lateral Seminar,” KUBS Dean Soo Young Kwon said, wrapping up the seminar. “I hope this seminar will allow us to continue our partnership and share knowledge so that the three universities representing Asia will be able to predict and lead our rapidly changing future society.”
“The 5th KUBS Teen Mentoring Day” Successfully Held
“The 5th KUBS Teen Mentoring Day” Successfully Held The Major Experience Program incorporates special lecture on Business Administration and mentoring session…Nearly 80 high school students across the nation attended On July 29, Korea University Business School (Dean=Professor Soo Young Kwon) hosted the 5th KUBS Teen Mentoring Day. 82 high school students who wish to study business in college participated in the event and seven members of KUBS Student Ambassador Program (KUBE) volunteered as mentors. The mentoring program, which is held at the end of every school term, is free of charge for high school students aspiring to become the next generation of entrepreneurs. ▶ Click here to view photos ◀ “Many entrepreneurs and CEOs who graduated from KUBS studied in this space where you are sitting,” said KUBS Associate Dean Jaehwan Kim in his welcoming remarks. “I hope each and every one of you will be able to establish your vision as entrepreneurs through this program.” The program consisted of △Introduction to KUBS Life and Business Administration, △KU Campus Tour while completing given tasks, △Taster Lecture by KUBS Professor, △Business Administration Practice (Analysis and Marketing Strategy for Products and Brands) with KUBS mentors, and △Career Counseling Session with KUBS students. Professor Weon Sang Yoo delivered the taster lecture. He explained the different concepts related to marketing, delving on what comprises good marketing, bad marketing, and eccentric marketing and produced a thought provoking lecture aimed at increasing students’ understanding of marketing principles. In the following “Business Administration Practice,” students drew on the marketing principles they learned from the previous session to analyze brands and construct marketing strategies. They worked with their mentors and KUBE to apply the principles and produce creative ideas. “The lecture and practice really helped me get a better grip on marketing concepts,” said Cho Eun Seol (2nd-year student of Apgujeong High School), one of the participants. “Working with our mentors and cooperating with other team members was a really rewarding experience.” KUBS plans to continue its mentoring program every school break to help students map out a career path and support their academic plans.
KUBS Hosts “KUBS Futurum – Asia Tri-lateral” Seminar
KUBS Hosts “KUBS Futurum – Asia Tri-lateral” Seminar On August 17 (Thu), Korea University Business School (KUBS) will host the Asia Tri-lateral Seminar. The Asia Tri-lateral Seminar, the second session of the “KUBS Futurum,” is an academic seminar held annually in August. The session is jointly run by Peking University Shenzhen in China and Hitotsubashi University in Japan. This year’s first-ever seminar will be hosted by KUBS. The theme of the seminar is “Corporate Strategies in China, Japan, and Korea in the New Normal Era.” As the world is entering a fourth industrial revolution while slipping into a period of sustained low economic growth and uncertainty, the participating universities will gather to analyze how companies in the three countries are overcoming barriers. The seminar is meaningful in that China and Japan, which are deeply tied to Korea economically, share strategies for a future society. Specifically, the ultimate goal is to deliberate upcoming issues that may impact the world economy and companies and to offer insights from the point-of-view of business scholars from Korea, China, and Japan. “The world is mired in a low-growth slump, and it is difficult to predict how our future society will evolve due to the interest rate increase, currency fluctuations, and rapid development in ICT,” said KUBS Dean Soo Young Kwon who will be hosting the seminar. “The seminar will be jointly steered by the best universities in Korea, China, and Japan along with distinguished scholars across the world. Your interest and participation are greatly appreciated.” In the meantime, the KUBS Futurum, which means future in Latin and is a compound word made up of “Future” and “Forum,” consists of △Lecture Series, △Asia Tri-lateral Seminar, and △Business and Economic Outlook.
Summer 2017 KUBS Evacuation Drill Held
Summer 2017 KUBS Evacuation Drill Held On July 11 (Tue) at 10:00 a.m., Korea University Business School (KUBS) carried out an evacuation drill that lasted 15 minutes in all three of its buildings. In order to smooth its efficiency in response to natural disasters, KUBS has been regularly holding evacuation drills every semester. As the alarm rang with the announcement, saying: “A fire has been reported in your area. Please evacuate the area,” professors and students filed out through the emergency exit and onto the field in front of KUBS Main Building. To create a real life situation, the staff employed a gas producing “fog machine.” The staff members in orange vests ensured the smooth running of the drill. “I heard the announcement in my office,” Chang Ui Hong (Business, ’14) said. “I was startled but the staff members helped me cope with the situation.” “The purpose of an evacuation drill is to establish a response system in the event of natural disasters,” KUBS Dean Soo Young Kwon said. “We are trying to raise the students’ awareness of the urgency of relevant situations and prevent fire by regularly holding drills.”
[KUBS Startup Institute: Lecture on Demand #3] “Ideas and Understanding of Distribution Industry Are Essential for Startups” – Special Lecture by Idea Audition CEO Kwang-Ho Kim
[Lecture on Demand #3] Idea Audition CEO Kwang-Ho Kim “Ideas and Understanding of Distribution Industry Are Essential for Startups” On May 30 (Tue), Idea Audition CEO Kwang-Ho Kim delivered a lecture at KUBS Startup Station. Idea Audition, Korea’s No. 1 idea platform, shares ideas and helps with development, production, and distribution of major ideas. “An era is approaching where everyone has to start their own business once in a lifetime,” CEO Kim said explaining his motive behind starting a business. “I decided to run my own business to create a platform that helps with idea development of new products and hardware manufacturing.” According to CEO Kim, many small and medium-sized companies develop new products with the support of the government; however, the actual distribution rate is lower than 1%. “Even with exceptional high-tech functions, tech startups are unable to sell their products if they fail to go through distribution channels,” CEO Kim added. “A general understanding of distribution industry is required in order to deliver products to customers.” Idea Audition supports entrepreneurs convert their incredible ideas into a reality and reach consumers. Moreover, it also forms a community to offer services from idea creation to various feedback. “What consumers really want is to eliminate inconveniences, not high-tech functions,” CEO Kim advised. “Rather than aiming for a large market, develop a product that you can target a niche market by finding how everyday inconveniences can be resolved.”
Professor Sang Yong Kim Received Academic Contribution Award in 2017 Consumer Loving Brand Awards
Professor Sang Yong Kim Received Academic Contribution Award in 2017 Consumer Loving Brand Awards Sang Yong Kim, a professor at Korea University Business School (KUBS), received Academic Contribution Award in the 2017 Consumer Loving Brand Awards, hosted by JoongAng Ilbo Economist and sponsored by the Ministry of Trade, Industry and Energy and the Ministry of Agriculture, Food and Rural Affairs. Beginning in 2011 and marking the seventh anniversary, the award ceremony has been held annually to select companies and individuals who have significantly contributed to distribute healthy brands to the Korean markets. Currently serving as president of the Korean Marketing Association, Professor Kim was honored with Academic Contribution Award in recognition of his contributions to connect academia, industry, and society in one. The Korean Marketing Association is the most prestigious academic association in its field where professors of Marketing and nearly 1,000 researchers across the nation are registered as members. In addition, Professor Kim published 11 books, 2 translated books, and 55 research papers in the renowned journals in Korea and the world. He has made remarkable achievements academically and produced outstanding performance in marketing research. Professor Kim was involved in a variety of channels to help public easily understand marketing and business by △hosting a radio program “KBS1 3-minute Radio MBA” for self-employed (2012) and △publishing “Marketing Keywords 101 (2013)” and “Business Keywords 101 (2016).” Professor Kim is currently △president of the Korean Marketing Association, △program director of KUBS Advanced Management Program (AMP), and △member of Seoul Gangnam Tourism Promotion Advisory Board. At Korea University, he served as △Vice President for Development and External Affairs and △Associate Dean for MBA Programs. View Related Article [중앙일보] 학계·산업계·사회 연결 노력으로 학술공헌상 수상
KUBS Signed International Partnership Agreement with Washington University in St. Louis
KUBS Signed International Partnership Agreement with Washington University in St. Louis On June 16 (Fri), Korea University Business School (KUBS Dean=Professor Soo Young Kwon) signed an international partnership agreement with Olin Business School at Washington University in St. Louis (Olin), situated in Missouri, United States. Marking the 60th anniversary of the “Washington University Project,” which contributed to the development of Korean business studies in the past, the agreement was signed again for the first time in 60 years. △Olin Dean Mark Taylor, △Chief of Staff Jessica R. Martin, △KUBS Dean Soo Young Kwon, △Professor Emeritus Dong Ki Kim, △Professor Emeritus Yoon-dae Euh, △Professor Emeritus Joon Bum Lee, △Professor Emeritus Ik-soon Cho, and △Professor Emeritus of Yonsei University Ki Young Kim attended the occasion. The scope of the partnership includes academic exchanges such as △Student Exchange Program and △Joint Research Projects and Seminars. Each school can send up to ten students per year to study abroad at the other school. Exchange students can stay one semester and may request to stay up to one year. “I have no doubt that both schools will actively interact and strengthen partnership through this agreement,” Dean Kwon said. “Just as Korean business education developed tremendously thanks to the Washington University Project 60 years ago, I hope we will be able to develop something new through these academic exchanges.” ▲ Olin Business School Washington University in St. Louis (WUSTL) established a business school in 1917. The business school was named in honor of John M. Olin and in recognition of a gift from the John M. Olin Foundation. Olin has a total of 135 full-time faculty members and is ranked 22nd in the UTD Top 100 Business School Research Rankings, an indicator that evaluates faculty research performance. Meanwhile, WUSTL contracted the “Washington University Project” to cooperate with Korea University and Yonsei University to develop business education. This contract was in line with the technical assistance program by the International Cooperation of Administration (ICA) in 1957. Accordingly, more than 10 WUSTL faculty members were sent in Korea and made a contribution to the progress of the Korean business schools. Any inquiries on the Student Exchange Program can be directed to KUBS International Office (firstname.lastname@example.org). View Related Articles 현대 경영학 도입의 60년 역사, ‘워싱턴대 프로젝트’ 60년이 흘러도 생생한 워싱턴대에서의 생활 - 유세환, 이준범, 조익순 명예교수 인터뷰