The First & The Best: Leading Global Business Schools Choose Korea University's Business School IRP (International Residence Program)    Korea University Business School (Dean=Sangyong Kim) is tirelessly striving to elevate its status beyond Korea's No. 1 to a Global Top 30 and Asia's No. 1 business school under the mission of "Business for Society – Inspiring Next Leaders" and the vision of being a "World-Class Knowledge Hub in Business.” The Business Newspaper will highlight various achievements over the past two years, including the globalization aspect, startup ecosystems, advanced business management such as ESG, and the newly launched Crimson Global Leader Program (CGLP) under close alumni network and Management Studies Program (MSP) rebranded as MINI MBA.       Korea University Business School (Dean=Sangyong Kim) runs the International Residence Program (IRP), a short-term training program where top international universities can visit to experience lectures using the latest business techniques, explore global companies, and engage in cultural activities. The IRP was paused due to COVID-19 but has been reactivated since 2023. Five universities and institutions visited in the past year, with Belgium & Lithuania scheduled to visit in October. Notably, ESADE Business School from Barcelona, Spain, visited in 2023 and 2024 and plans to return in 2025, marking three consecutive years of participation in the IRP at Korea University Business School.    ESADE Business School, accredited by EQUIS, AACSB, and AMBA, is a member of the prestigious CEMS Global Alliance. "CEMS" only allows one business school per country, signifying the best business school in each nation. Korea University Business School became a full member in 2015 and remains an active participant.      Other notable visitors include Xiamen University in Fujian Province, China, and Fudan University in Shanghai. Xiamen University visited alongside FGV Sao Paulo School of Business Administration, one of the leading business schools in Brazil.    The most recent visitor, SKOLKOVO Moscow School of Management, is located on the western outskirts of Moscow. The Russian government has invested in developing the Skolkovo area into a hub for venture companies to compete with Silicon Valley. Such visits from leading business schools enhance Korea University Business School’s reputation as a sought-after institution even among top global business schools.      The choice of Korea University Business School's IRP by these prestigious institutions is due to its excellent curriculum and top-notch faculty. Courses like Digital Transformation & Business Analytics, which utilize the latest business techniques in response to the rapidly changing industrial environment post-4th Industrial Revolution and the emergence of AI, stimulate intellectual curiosity. Students learn about integrating "new technologies" from the 4th Industrial Revolution into business management, such as Big Data applications in marketing and Big Data Analytics. Networking opportunities with graduate students majoring in Business Analytics (BA) at Korea University Business School are also a highlight of the IRP.    The IRP provides practical business education opportunities by visiting Korean companies that have grown into global corporations. Companies visited in 2023 and 2024 include Hyundai Motor Group (Hyundai Motor Studio Goyang), Samsung Electronics (Samsung Innovation), and LG Group (LG CNS). Participants also explored Korean culture and museums, visiting the National Museum of Korea. Depending on the visiting university's focus, healthcare and medical management themes led to visits to hospitals such as Bundang Seoul National University Hospital and Yonsei Severance Hospital.      In 2023 and 2024, ESADE Business School visited the National Museum of Korea, where they experienced docent-led tours and viewed various cultural artifacts. They also visited LG CNS, Osstem Implant, and Hyundai Motor Studio Goyang, gaining insights into global business operations. An ESADE Business School MBA student remarked, "The scale of Korea's national museum was impressive, and the advanced companies were remarkable." Professor Irene praised the IRP program, stating, "We had a fantastic five days in Korea."    Such selections by top global universities for short-term training at Korea University Business School underscore its excellent faculty, outstanding lectures, and the superb operation of the Executive Education Center. With the reputation of "The First & The Best," Korea University Business School’s IRP continues to be chosen by leading global universities.   

[Interview] Interview on new Leadership Team   “Will help KUBS members to focus on their roles  on their positions”     Seungwoo Kwon, Associate Dean for Academic Affairs      “Will I be able to do it well?” I was concerned first after taking this position with lots of work on KUBS. After a month on the office, I was able to get a better undstanding on the work that I should give more importance on. I would like to realize what I have been thinking of better organization through my teaching on ‘BUSINESS NEGOTIATION’ and ‘ORGANIZATION BEHAVIOR’.  The role of associate dean for academic affairs is to help KUBS members at their own positions. My job is to support classes and registeration for undergraduates, boost morale for the faculty and support study along with classess for KUBS professors. I was in Academic Director for ESG AMP course and began my current position from November 1st. To put it simply, ESG management is a sustainable business. Our KUBS should seek for sustainable development as an educational organization. Development based on sacrifice from professors and faculty would unable to sustain long. Both professors and faculty should be happy to support students and carry on long sustainable development of KUBS. I would like to make heartwarming and growing community based on consideration for others which is tradition of Korea University. Please feel free to contact me if students, faculty or professors have anything to talk about or ideas to be more happy.         “Will try our best to make changes essential for KUBS”      Woochan Kim, Associate Dean for Research   I have one year of experience in Graduate School administration and accounting when I was appointed to associate professor 6 years ago. But I don’t think the past experience would always be my advantage because we can make mistakes without a feeling of tension. I try to work as if I am doing a completely new job. I am tasked with study and Graduate School administration this time. I will try my best to make changes KUBS needs, not to be buried with mundane works. To begin with, I will listen to the voices of professors and graduate students. Especially I am planning to have meetings several times with graduate students during the upcoming winter vacation. For study administration, I will fully accept many ways to support research expenses which are discussed in the research committee from early this year, so that expenses would not be a constraint for research. Also, the research committee will update the list of SK/IBRE international academic journals in the following year. In my personal opinion, we have to make some realistic modifications to the SK list.  We will give every administrative support available upon request from the research committee. The most important task KUBS faces regarding graduate school is to get excellent results on BK21 interim review next spring and secure an annual 800 million won national subsidy until the year 2027. We have prepared well for the last two and a half years and the only thing left is to fully put our achievement on the report. We ask for active cooperation from professors and graduate students who participate.       “Hoping to build KUBS that can contribute  to nation and society”     Kwanghyun Kim, Associate Dean for Planning   I will try my best to fully follow the direction of KUBS development planned by the previous faculty, and help Dean to make it more constructive while operating the biggest and best business school in Korea.   I am tasked with allocating and managing KUBS resources according to goals and strategies as associate dean. To be more specific, tasks include △ Budget and accounting △ International Affairs (Accreditation including AACSB and EQUIS, international exchange, exchange student, overseas internship and etc) △Carrer Hub Management △Startup station support, and △LINC business.    We will focus on its role to provide financial support KUBS main business and manage efficient use of resources. Also, we will try our best to keep AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (EFMD Quality Improvement System) worldwide accreditation on the excellence of KUBS faculty, curriculum, and educational environment. At the same time, we will seek international exchange development in quality beyond quantity. Lastly, we will help students through career lab by exploring diverse career paths along with experience and work capabilities. Also, we will provide diverse and active support for students to realize entrepreneurship through Startup Station.    We are now having a hard time communicating and exchanging between KUBS members due to the recent economic condition along with COVID-19. Despite these hardships, all students, faculty, and alumni must work together to give energy to the community. One of the biggest strong points of KUBS is that we appreciate various personalities and respect different opinions but can be together for common goals. We hope KUBS become a forge and birthplace to educate future talent who can contribute to the nation and society through new challenge based on these strengths.         “Will try our best to strengthen the role of KUBS  in the world”     Janghyuk Lee, Associate Dean    A lot of responsibilities on my shoulders. I didn’t expect to take this position and was concerned but it seems I am enjoying this work after the first month. Also, this made me thrilled to take a great opportunity to give my opinion directly as associate dean.    The term is until August 31st, 2024. Until now there has been a new dean appointed in the middle of the semester because the term ends on October 30th, so we adjusted the term to avoid inconvenience from administrative absence. There are lots of things to be discussed but first, we would follow the changes and needs of the industry since it’s an essential task of business school as applied science. Also, we will be expanding foreign student quotas to strengthen industry-university cooperation and the role of KUBS in the world.  Our KUBS is full of passionate students, professors, faculty, and alumni. If we gather this passion into directions of study, industry-university cooperation, and social contribution then we could create new values through innovation with clear intelligence and individual doing social responsibilities with a warmhearted mind. We hope you believe in your capabilities, look around for others who are in help, and accept new challenges with passion. Please feel free to find me in Business School Main Hall Associate Dean’s Room 108 or through email (janglee@korea.ac.kr). I will be your associate dean open to active communication.

‘KU MBA’ – top 20 in world MBA Program rankings, best in Korea   Applications for △Executive MBA △Korea MBA △Finance MBA begin   KUBS(Dean=Johngseok Bae) begins its MBA(△Executive MBA △Korea MBA △Finance MBA) application process for 2023 Spring. Applications will be received online(http://biz.korea.ac.kr/admission) from September 19th (Mon) 10am to October 21st (Fri) 3pm.     Prior to receiving applications, KUBS will hold an online information session for MBA admissions. Information sessions will be held for each program: Korea MBA session on September 15th(Thur) 7pm, Finance MBA session on September 16th(Fri) 7pm, Executive MBA session on September 17th(Sat) 5pm. KUBS associate dean Yong Keun Yoo and academic directors from each program will introduce KUBS, general academic affairs such as the goals and curriculums for each program, and the characteristics and admission requirements for each program. Currently enrolled MBA students will also attend for a Q&A session.       KUBS MBA is not only Korea’s best MBA program, but is now offering one of the best MBA programs in the world. Executive MBA ranked 20th and 1st place in Korea by Financial times. In 2020, Executive MBA has been reaccredited by AACSB(USA, first accredited in 2005) four times in a row, and by EQUIS(EU, first accredited in 2007) three times in a row. KUBS MBA has shown outstanding achievement in domestic and international domains, such as being ranked 1st among Korean universities in Global Business School Evaluations by the U.S. News & World Report and has being the first in Korea to sign a partnership with the CFA Institute. As a school focused on education and research, it has 83 full time professors which is one of the most faculty in Korea. KUBS MBA also has a rich political · financial · academic human network.   The Executive MBA ranking 20th and 1st place in Korea by the Financial Times’ world top 100 MBA programs confirms that KUBS MBA is the best in Korea. The Executive MBA has once ranked 12th in 2012 and is maintaining 1st among Korean universities for eleven consecutive years. A staff who participated in the evaluation said, “The fact that many Asian universities with good rankings run their academic program by cooperating with US·EU universities while Korea University ranked 20th place by solely running independent programs is quite meaningful.” KUBS ranked higher than △National University of Singapore Business School, 22th △Columbia Business School, 34th △University of Pennsylvania: Wharton, 38th and remains competitive among globally prominent Executive MBA programs.   Executive MBA is a weekend-only MBA course that provides a unique and intensive high-quality education for CEOs or middle managers who aspire to become CEOs in the near future. The program started in 2003, the first in the nation. It adopts a modular course system where one course is completed in two weeks. This allows students to focus, get the most out of the program within a short amount of time. Executive MBA aims to create synergy among students with various experiences and professors by active debate, case studies, consulting projects etc. It also runs the IRP(International Residency Program) which provides learning opportunities in prestigious US and EU schools and local companies to enhance students’ abilities in the international stage. This year, Executive MBA students visited ESADE, Europe’s best business school located in Barcelona, and UCLA to participate in lectures and visit local firms. The program also provides unique lectures on humanities and arts for CEOs to have a vast understanding of culture.   Korea MBA is Korea University’s representative and Korea’s first MBA program that was founded in 1963. It offers a two-year part time course which is popular among office workers who wish to earn a degree by taking courses after working hours. Despite its rigorous coursework, the competition rate was 3:1 last year. The program is considered as the finest in Korea, and has a remarkable human network thanks to the programs’ longevity. It provides specialized major courses suited for companies and which focuses on global trends to serve its students. K-MBA’s special business education begins from course registration. As most enrolled students are office workers, Korea University’s Korea MBA adopted the ‘bidding policy,’ where students can auction for courses. The ‘bidding policy’ grants points according to year, and points are distributed among courses that students wish to register in. During this process, students can apply business strategy, business statistics, decision making, RM(Risk Management) etc. Exchange programs and Field Trips abroad are also provided to enhance students’ international capacities.   Finance MBA is a part time MBA program specializing in finance. The program aims to cultivate CEOs who will lead Korea’s finance industry. It teaches specialized financial expertise and general business theory for financial institution management. Students choose among △Digital finance △Asset management △Corporate finance and take intensive courses to build expertise in the chosen field. Finance MBA is also Korea’s first to participate in the CFA Institute’s University Affiliation Program (UAP). It selects a few students who plan to take the CFA exam to award ‘CFA scholarship’ every year. The program seeks to support students to foster management specialists with financial expertise.   KUBS aims to rank 30th place until 2030 (‘The 30-30 Project’) and is strengthening its core competencies: faculty, students, programs, infrastructure, finances etc. KUBS plans to invite international professors to create a new research culture and enhance research capabilities. It set △Co-Creater(creative, interdisciplinary students with solid foundations) △Contributor for the Society(Talents who create shared value) △Challenger for the Future(courageous students who communicate with the world) as the MBA programs’ goals and reorganized the curriculum to fit them. KUBS is always working hard to provide educational programs with the latest business trends such as △ESG △Digital Transformation △Start-ups, and has opened more than 14 new courses, 20% of the original 70+ lectures.   Inquiries: KUBS (02-3290-5365, mba_admissions@korea.ac.kr)

Korea University Business School ranked 1st in Hankyung Business National Business School Evaluation for 14 Consecutive Years KKorea University Business School (Dean = Johngseok Bae) took first place in the '2021 National Business School Evaluation' conducted by Hankyung Business. As a result, Korea University Business School has taken the first place for 14 consecutive years since 2008, when the evaluation began, and has firmly maintained its top position in Korea.   KUBS took the first place in the overall ranking by taking the lead in four categories out of 9 evaluation items: work adaptability and practical ability, organizational harmony, sincerity and responsibility, and preference for new employees. In particular, it overtook Seoul National University and ranked first in the preference for hiring new employees selected by personnel in charge of major companies, establishing itself as the best training center for human resources in South Korea.   Hankyung Business said, “Korea University’s unrivaled education and research capabilities are the secret to its success.” They added that “Its strength comes from the fact that they do not slow down the pace of innovation to respond to changes in the business environment and the demands of the times, rather than being complacent with the best titles.”   KUBS is nurturing 'creative leaders who can contribute to society' in line with the needs of companies. In an interview with Hankyung Business, the Dean of Business School, Bae Johngseok, said, "KUBS is pursuing various educational innovations to not only transfer business knowledge, but to add 'humanistic imagination' and cultivate the ability to solve practical problems.” Revealing the educational innovation and talents pursued by the Business School, he also added, "In fact, it is when you encounter a real problem in the real business environment that you truly can understand what the 'essence' of the problem is. The ability to 'communicate' these problems clearly in your own language and collaborate with others to 'find a practical solution' is important,"   In addition, Dean Bae said, “The purpose of management is to help people enjoy a good life together,” and emphasized the importance of imagination for social leaders that want to pursue a better future for humankind. At the same time, revealing the characteristics of students pursued by KUBS, he said, “Korea University Business School aims to create a virtuous circle where better talents can grow into 'social leaders'.”   To achieve this goal, Dean Bae said, “At the business school level, ‘5 strategies, ▲15 core tasks, and ▲30 practical tasks’ have been selected and are currently being implemented.” We are building a problem-based learning (PBL) infrastructure and trying a teaching method for smooth communication.”   Meanwhile, KUBS was the first in Korea to receive the accreditation from AACSB in 2005 and the accreditation from EQUIS in 2007 for all degree programs including undergraduate, graduate, and MBA programs. In 2015, it also acquired full membership of the CEMS Global Alliance, an association of world-class business schools. In addition, it has been firmly holding “the CPA throne” for six consecutive years in the CPA exam, establishing its place as the first and best business school in Korea.   In addition, KUBS has responded to changes in the times through detailed track certification system, which has been in effect since May of this year, and rolled up its arms to nurture creative convergence talents who will lead the future society. In addition, KUBS is taking the lead in social contribution by supporting the start-up of students from other majors and other colleges as well as students from KUBS through Startup Station, contributing to the revitalization of start-up activities of Korea University and society as a whole.   Hankyung Business’s ‘National Business School Evaluation’ evaluates universities from the perspective of companies that are the real users of talent. Personnel managers of the top 300 domestic companies can select schools from 1st to 10th in each evaluation category. The questionnaire consisted of a total of nine items, including △work suitability of major and liberal arts education △work adaptability △organizational harmony △development potential △creative work solution △internationalization system △conscientiousness and responsibility △recruitment preference for new employees △recommendation for admission to college. In order to give equal weight to all nine evaluation categories, the rankings of each category were summed to give the final ranking.    See other related articles>>   Korea University, elected as ‘The best business school’ for 14 consecutive years by HR personnel Korea University’s relentless run.. its secret is its matchless education and research capability “We need to raise ‘social leaders’ capable of adjusting to changes… Merely having business knowledge is not enough”

Korea University Business School ranks 20th in the world by the FT E-MBA Rankings   KUBS ranks 20th by the Financial Times World’s Top 100 E-MBA Rankings 2021   KUBS maintains first place in Korea for 11 consecutive years, moving up seven steps from 27th in 2019 to 20th this year   Korea University (President=Chung, Jin Taek)  Business School Executive MBA (E-MBA) program ranked 20th in the world by Financial Times (FT) the Top 100 EMBA Programmes. According to the report published by the FT on October 18, 2021, KUBS E-MBA entered the Top 20 business school rankings last year by ranking 19th and has been maintaining the status for two consecutive years. In addition, KUBS has been maintaining first place in Korea for 11 consecutive years.   KUBS has ranked higher than many of the world’s prestigious universities including the University of Pennsylvania: Warton (38th), National University of Singapore Business School (22nd), and Columbia Business School (34th). This year’s first place was taken by HEC Paris International EMBA. Of all other universities in Korea, Yonsei University ranked 40th following KUBS. Photo by Financial Times Business School Rankings   The FT E-MBA rankings are for universities that have been accredited by AACSB or EQUIS, which are international business education institutions. The evaluation criteria include ▲salary ▲salary increase ▲career progress ▲aims achieved ▲female faculty/students ▲international faculty/students and ▲FT research rank.   The ranking of KUBS E-MBA is noticeable because it has entered the Top 20 solely with its exclusive business program. While most high-ranked Asian universities run their program with partner universities in the United States or Europe, Korea University was able to rank 20th with its exclusive program. Thus, KUBS has proven that its curriculum, which aims to develop students’ skills as CEOs by focusing on hands-on experiences, is one of the world’s best programs.

Korea University Business School (KUBS) Achieves EQUIS 5-years accreditation for 3 consecutive years       After achieving Korea’s first EQUIS accreditation, continues its success for 3 consecutive years... prove its world-class education level through business education accreditation. Korea University Business University (Dean Johngseok Bae) has succeeded in accrediting EQUIS (EFMD Quality Improvement System) business education for three consecutive years by the European Foundation for Management Development (EFMD).   EFMD strictly evaluates 10 items including for EQUIS accreditation: △ Vision △ Strategy △ Education Environment △ Quality of Curriculum △ Quality of Faculty △ Internationalization △ Student Qualification. Since EQUIS is very strict in its screening criteria, only 191 schools around the world has it, including the University of Cambridge, Beijing University, and the National University of Singapore.   Originally, the review was scheduled to be conducted by an EFMD review team visiting KUBSin May 2020, but it was postponed once due to the COVID-19 situation and then conducted online in December 2020. However, in online screening process, interviews were conducted for various members, including △ Professor △ Staff △ Students △ Graduates by Course, and so on. After a three-day in-depth review, the review team gave an excellent evaluation of the research capabilities and educational environment of KUBS, which is closely related to actual cases. In particular, the team praised the competitiveness of KUBS, saying, "It is very impressive that the KUBS have established a Business Analytics course and Center for Digital Transformation and Business to meet the demands of the 4th industrial revolution society."   As a result, KUBS achieved EQUIS accreditation for the first time in Korea in 2007, and succeeded in five-year certification in all three re-accreditation reviews, earning it a "Special Re-accreditation" status. Through this privilege, five years later, the five-year accreditation can be extended again through a simple screening process.   Dean said, "Korea University business school proved that it is a business university suitable for global standards by successfully accredited by EQUIS for the first time in Korea for three consecutive times." He added, "Korea University Business School's efforts to not settle for this, lead the rapidly changing times, and foster social leaders with character will continue."   Meanwhile, Korea University Business School is the first university in Korea to earn AACSBBusiness Accreditation throughout its entire degree programs, and has been selected as the nation's only full member of the CEMS Global Alliance.