Korea University Business School

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[Undergraduate] Graduation Requirement Change


As the birthplace of business education in Korea, KUBS has pioneered its development over the course of modern history.

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accumulating expertise in business research.


Recruitment of Advanced Management Program · ESG Advanced Management Program

[KUBS Advanced Management Program ESG Advanced Management Program -2022 Fall semester recruitment-] The KUBS Executive Education Center (hereinafter referred to as EEC) recruits  new students for Advanced Management Program. The recruitment program and the class are 94th class of the △ Advanced Management Program and 2nd class of the △ ESG Advanced Management Program,  and the training period is from September to February next year. Since its launch in 1975, it has produced more than 5,000 CEO graduates, the nation's first and best CEO  Program the " Advanced Management Program(AMP)" will be held from 6 p.m. to 9 p.m. every Monday. In addition to the fields of management and economy, prominent figures from various fields such as humanities, arts, medicine, politics, and law are invited so members can be provided Educational opportunities to have basic skills in various areas. Regular lectures on the ‘ESG Advanced Management Program (ESG-AMP)’ newly established in 2022 will be held from 6 p.m. every Wednesday. Korea University Graduate School of Business Administration has established this course considering the importance and education needs on ESG (Environmental, Social, and Governance) management. It provides an original curriculum that explains recent trends and corporate response strategies in each area of environmental issues, social values, and corporate governance from the basic concepts of ESG management. It will also analyze the current status of ESG management by companies or institutions where members are working and seek ways to improve it.   AMP 94th application will be held from July 4th (Monday) to August 19th (Fri), and ESG 2nd application will be held from June 20th (Monday) to August 26th (Fri). △ Corporate CEOs and executives △ General △ Administration, 2nd-grade judicial officials or higher △ Other qualified personnel will be selected, and the 94th AMP will be around 50 and the 2nd ESG-AMP will be around 40 people.   [Submission of application form and documents – July 4th(Mon) – August 19th(Fri), 2022 / June 20th(Mon) – August 26th(Fri), 2022 Interview and announcement of successful candidates- Contacted individually/ Contacted individually Entrance Ceremony- September 19th(Mon), 2022/ September 14th(Wed), 2022 Orientation- September 16th(Fri)- 17th(Sat), 2022/ September 16th(Fri)-17th(Sat), 2022 Program Period- September, 2022 – February, 2023 Applications can be made online ( or by mail (Address: Room 307A, Business Building, 145 Anam-ro, Seongbuk-gu, Seoul). For detailed inquiries about the course, you can contact EEC (02-3290-2706) at KUBS.


Understanding of Statistics: A special lecture by Bank of Korea on Economic Statistics Indicators

, A Special Lecture by Bank of Korea on Economic Statistics Indicators on the Overall Balance of Payments   A special lecture by Bank of Korea on economic statistics indicators on the overall balance of bayments, , hosted by the KUBS Career Development Center, was held online on May 20th in the morning.   The lecturer was Chang-hyun Park, head of the balance of payments team of the Bank of Korea's Economic Statistics Bureau, gave a lecture on the overall balance of payments. The lecture was conducted in the order of △ meaning of balance of payments, △ writing principle of balance of payments statistics △ composition of actual balance of payments.     Team leader Chang-hyun Park began the lecture by introducing media reports on Korea's balance of payments. He then explained the definition of the international balance as a "table that systematically classifies and organizes all economic transactions between residents and non-residents for a certain period of time," and said, "It can also refer to a specific table as an international balance sheet." The meaning of balance of payments was explained in detail by dividing it into the △ period △ residents and non-residents △ economic transactions △ systematic classification·arrangement. Lecture on the ‘International Balance of Payments Manual’, an international standard for the comprehensive scope, classification, and evaluation of international balance of payments statistics published by the IMF, followed. He explained the principle of international balance of payments by dividing it into △ double-entry bookkeeping principle, △ transaction evaluation, △ accrualism principle, △ calculation unit and conversion, and △ considering transaction variation. The "double-entry bookkeeping principle" means that all external transactions between residents and non-residents are recorded at the same amount in debit and credit, respectively, and the "accrualism principle" means that economic value must be accounted for when it is created, changed, exchanged, transferred, or extinguished. Therefore, the international balance of payments should be evaluated at the actual market price, following the double-entry bookkeeping principle and the accrual principle, while Korea should reflect changes in transactions based on US dollars. Team leader Park Chang-hyun added, "The current account and capital account should be recorded in total and the financial account should be recorded in net amount."   The following was a lecture on the composition of the balance sheet. Prior to the full-fledged explanation, team leader Park Chang-hyun said, "The components of the balance of payments are ‘current account balance’ and ‘capital balance’ which consists of △ product balance △ service balance △ main income balance △ previous income balance and ‘financial accounts’ and ‘erros and omissions’ which consists of △ direct investment △investments to securities △ derivative financial instruments △ other investment △ reserve assets. "Since the mid-2000s, overseas production has expanded and international balance statistics reflecting overseas production such as processing trade and intermediary trade have been published in accordance with new international standards," he added. A detailed description of each element followed. Team leader Park Chang-hyun explained the difficult concept in an interesting way through a press release or various related articles.     The lecture was concluded by summarizing the main points of the lecture which was △ the meaning of the international balance of payments, the principle of writing statistics of balance of payments △ the core contents of the actual balance of payments sheet. Uncertainty and improvement measures were also mentioned for terms such as 'error and omission' in Korea balance of payments table. Team leader Park Chang-hyun finished the lecture, saying, "If you have any questions about the lecture or the international balance of payments, feel free to contact me."


’2022 Spring Campus Tour and Meeting Day for High School Students’ held on campus for the first time

’2022 Spring Campus Tour and Meeting Day for High School Students’ held on campus for the first time   The “2022 Spring Korea University Business School Regular Campus Tour and Meeting Day for High School Students” hosted by Korea University Business School (Dean = Johngseok Bae) was held on May 21st (Sat) around the KUBS campus. The event is organized and hosted by KUBS student ambassador KUBE (hereinafter referred to as KUBE), and was joined by 102 students of 53 schools.   The event is more meaningful as the “Regular Campus Tour,” held online due to COVID-19, was held face-to-face on the campus for the first time in about two years as COVID-19 daily recovery began.     The regular campus tour is a program for high school students nationwide to walk along the campus of Korea University with the KUBS Student Ambassador KUBE, directly hear about university life, and receive information about business major and mentoring by student ambassadors.    To proceed with the program, KUBS received applications from high school students nationwide interested in KUBS for about two weeks from April 18. A total of 117 students were selected through the competition rate of about 5:1. This regular campus tour consisted of △KUBS introduction △ introduction of seven majors and in business administration △ Campus Tour △ Mentoring program with KU students △ Closure and group photos.    Students gathered at SUPEX HALL of LG-POSCO building continued their regular campus tour program, starting with a welcoming speech by Jaeuk Chun, Associate Dean of KUBS.    "I'm delighted to be able to meet high school students face-to-face on the business school campus for the first time in more than two years," said Associate Dean Jaeuk Chun. He welcomed the students saying, "Thank you for coming to Korea University from all over the country, including Jeju Island, and I hope you make good memories through this campus tour."      Next, KUBE hosted the “About KUBS” section by an overall explanation of KUBS, seven majors and detailed tracks. High school students who participated in the event enjoyed the event by answering the quiz enthusiastically.   After the program at SUPEX Hall, Campus tour led by KUBE continued. Students toured the △ LG-POSCO Building △ Hyundai Motor Hall △ KUBS Main Building, as well as the △ Main Building △ Central Plaza △ Centennial Memorial Samsung Hall △ Tiger Statue.        Following the tour , "Mentoring time with KU students" was held in the lecture room on the B2 floor of the Hyundai Motor Hall, forming a free exchange venue. The event ended with a survey and a group photo shoot. A high school student who participated in Regular Campus Tour said, "I had a lot of concerns about my future, but thank you for making it a little clearer," adding, "I really want to come Korea University Business School next year and become a member of KUBE."     Meanwhile, the KUBS Regular Campus Tour is held once per semester (May and November). Teen Mentoring Day, which offers in-depth experience in business, will be held in July during summer vacation. The recruitment of high school participants will begin in mid-June.


Learn from our seniors in life, our professors... Mentoring day for the 2022 Spring semester

Learn from our seniors in life, our professors... Mentoring day for the 2022 Spring semester     The KUBS (Dean =Johngseok Bae) Mentoring Day event for the 2022 spring semester was held for 3 days from May 18th to 20th. Although the Mentoring Day event was held online due to COVID-19, 30 professors and 43 undergraduates attended the event, and each student accessed the small meeting room of each professor and worked as a group. Foreign students from business schools also participated which again proved KUBS to be a global business school.   Johngseok Bae, dean of Korea University's Business School, said, "90% of large companies prefer science and engineering students, and especially, employment is a lot different from before since they are recruiting employees with experience," and “We hope that you will make use of the Career Development Center’s many programs organized by grade and cycle.” He also guided students about the new detailed track system of KUBS, and introduced the new trees set in front of the KUBS Main building and the artworks of Lee Ufan.  Jaeuk Chun, associate dean of KUBS, said, "Finally, it is time to experience the spring and festival of the university, and the opportunity to enjoy university life fully,” and “Since university life is a privilege that only students can enjoy, so I hope you can enjoy university life through festivals as well as your studies." Associate dean Chun then concluded his words saying, "Although the meeting was limited due to COVID-19, I hope to meet students offline from next semester." Meanwhile, Mentoring Day has been introduced since 2007 to help business school students share the difficulties of school life with other students, meet with their advisors to get various advice on studies and careers, and form a network through exchanges. KUBS is generously supporting students to get realistic help from their advisors, who are their university and life seniors.  


G-MBA holds its own Ko-Yon Jeon …The first battle since the recovery of COVID-19

G-MBA holds its own Ko-Yon Jeon …The first battle since the recovery of COVID-19    Ko-Yon Jeon between Korea University and Yonsei University's Global MBA(G-MBA from below) was held at the Kiheung SKYTOP Sports Center in Gyeonggi Province on May 15th (Sun).   This G-MBA Ko-Yon Jeon is an event organized by G-MBA students as two universities, Korea University and Yonsei University, called eternal rivals, failed to hold regular Ko-Yon Jeon for about two years due to COVID-19.  25 members from Korea University and 23 from Yonsei University attended the G-MBA Ko-Yon Jeon, which was held for the first time since the daily recovery of COVID-19, to build mutual networks and promote friendship among the members.   The program included basketball and dodgeball, as well as △three-legged race △ relay △ tug-of-war △ shoe throwing △ mini-game race △ quiz. It consisted of activities that G-MBA members could enjoy passionately and have low risk of injury. The G-MBA Ko-Yeon Jeon ended with Yonsei University's final victory, with the university scoring points assigned for each event.    An event official said, "I am happy to be able to hold a meaningful event now out of the shadow of COVID-19 with G-MBA students from Korea University and Yonsei University which are two very iconic schools," and added, "I hope this event will go beyond competition and become a venue for harmony between the members."



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