Alumni mentoring seminar for students interested in management consulting, organized by KUBS Career Hub (Dean = Jae Wook Kim), was held on October 31 at Room 208, LG-POSCO Building. Lee Ki-chang(Business’84), CEO of Nemo Partners China, and Choi Chan-young(Business’06) of financial consulting firm Oliver Wyman attended the seminar and gave valuable advice the audience.   "I think it is not very difficult to acquire the necessary ‘skillsets’ for management consulting," said Lee. "In turn, business school undergraduates lack humanities skills compared to their knowledge in business." "In that regard, I would like to recommend reading a lot of books in various fields and become knowledgeable," Lee said. "Providing customers with ‘insight’ gained from such knowledge is more essential in management consulting, rather than just knowing the terminology." In response, Choi said, "As a management consultant, the skills required in the first and second years may change. Thus, it is important to gain insight into reading the big trends of social change," and added, "I personally recommend learning foreign language, and I also recommend learning coding, language of computers The two alumni then gave advice in choosing one’s career. "I moved to consulting because I wanted to do something more influential while working in finance," said Choi. "I liked learning something fun and new rather than earning more money." "I think the most important question is why you want to do this," said Lee. "It's a question that you should consider seriously when choosing your career path.   Choi then talked about the pros and cons of consulting. He said, “In fact, the so-called "WoeLaBell (Work-Life Balance)" is not an easy goal to achieve in the consulting industry,” and added, “the working environment will vary from company to company, but it is still very tough compared to other jobs. "I really hope that people who are willing to work hard will get interested in the consulting industry," said Lee. "You should not choose a life as a consultant just because consultants make a lot of money."   When asked about the prospects of the consulting industry, Choi said, "Management Consultant carries out new projects in various industries every time. Therefore, we are a generalist rather than a specialist in a particular field." “As a generalist, management consulting is in high demand in various industrial sectors”, he added. "I think it is one of the few jobs that can help one grow up in a short period of time," said Lee. "I hope you won’t be afraid to take the challenge.”  

  The event was hosted by Cho Hwi-bin, the 10th President of KUBE, and Chung Yeon-chan, the VP. First of all, they introduced their goals to make KUBS proud by planning events for teenagers and supporting official events at KUBS. They reported the results of the 9th annual KUBS mentoring day and other major activities that took place in the spring semester. They then introduced on- and off-line promotions by students who are scheduled to be active from the autumn semester, as well as events on campus involving graduates. "We feel very thankful for KUBE students for their efforts," said Kim Jae Wook, KUBS Dean. "We hope that you continue to make KUBS proud with your wonderful activities, as you have been so far." Kim Joong Hyuk, KUBS Associate Dean, said, "We give congratulations and encouragement to 9th students who have completed the program," adding, "I hope the 10th students who became seniors will lead KUBE well with responsibility, and the 11th students will be able to give new energy." The completion ceremony of the ninth class of KUBE followed. Gong Seok-hyun (18), Park Chae-won (18), Yoon Ji-hyun (18), Lee Da-eun (18), Chung Dong-kyu (18), and Choi Yoo-jung (18) were awarded certificates of completion. Next were the newly selected 11th students, and the 10th students who will continue their activities for another semester. In recognition of their hard work as student ambassadors, KUBS has established a scholarship since last semester.  KUBE, a group of student ambassadors at KUBS, was first launched in 2013 and re-launched in June 2015. Major activities include regular campus tours, KUBS Mentoring Day, and other supporting activities for non-regular business school events.  

The Minerva School symposium was held at 3 p.m. on Sept. 26 (Thu) at the Ahn Young Il Hall of LG-POSCO Building. The symposium was organized by Ben Nelson, founder of Minerva School, and Ken Ross, director of Asia region, to visit Korea University Business School to introduce the Minerva School's innovative teaching methods for higher education in business administration and have time for free conversation. A total of 55 people, including KUBS Dean Jae Wook Kim, vice director Weon Sang Yoo, Associate Dean Chris Changwha Chung and Associate Dean Baeho Kim, attended the event, exchanging constructive stories on the development of business education.   The symposium began with a welcoming speech by Jae Wook Kim,Dean of KUBS. Introducing CEO Ben Nelson and Director Ken Ross, Dean Jae Wook Kim added, "I hope today's symposium will bring constructive conversation, and do not hesitate to ask questions" CEO Ben Nelson then continued to introduce Minerva School. "The Minerva School is open to students through our own computer program on humanities, management, computer science, natural science, social science, and art," CEO Ben Nelson said. "Many people are paying attention to the unconventional education of Minerva School, which differentiates itself from other universities." Minerva School, meanwhile, is an online university established in 2012 with an investment of 100 billion won, a so-called "startup" of the university community. 100% online classes are conducted on education subjects such as arts, humanities, natural sciences and business administration, and students stay in seven cities around the world, including the U.S. (San Francisco), Britain (London), Germany (Berlin), India (Hyderabad), Taiwan (Taipei), and Korea (Seoul) for three to six months to gain experience. The Minerva School, which opened in 2014, became a hot topic as students who passed the prestigious universities in Korea, including Seoul National University, are known to have given up their admission and chosen to enter Minerva School. All classes are only conducted online at 100%. Minerva School has been holding presentations on the methods of education of Minerva schools in prestigious universities such as Harvard University, Kyoto University and Hong Kong University of Science and Technology over the past few years with the aim of creating a better collective future through leadership, innovation and problem solving. 심포지엄 영상보기(클릭)  

The E-MBA Academic Forum, hosted by the Graduate School of Buseinss of Korea University (Dean= Kim Jae Wook) Executive MBA (E-MBA), and organized by the 11th E-MBA Alumni Association, was held on October 12 at the Supex Hall of LG-POSCO Hall. About 130 E-MBA classmates and Kim Jae Wook, Dean of the Graduate School of Business, Yoo Won-sang, Associate Dean of the MBA and Director of E-MBA, Jeon Jaewook, Director of E-MBA, Professor Kim Eon-soo, and Kang Hee-ok, President of the E-MBA's Alumni Association, attended the ceremony.   The 10th-term E-MBA alumnae Ahn Sang Tae welcomed the participants, guiding them through the entire schedule of the event. The first part of the academic forum began with a congratulatory speech by Kim Jae Wook. "It is very exciting to be able to greet you at an executive MBA event with lots of memories and affection," said Kim Jae Wook. "I deeply appreciate that you finished your hard academic work and participated in this event in your busy life." He added, "We hope to continue this tradition and share our knowledge with our alumni every year."   Kim Young-mok, the first-term EMBA alumnae, showed his special affection for the EMBA and the alumni association in a series of congratulatory messages. "Korea's top Korea University E-MBA, founded in 2003, has produced numerous alumni from all walks of life in society. I'm proud of our brilliant fellow alumni."   Lee Seung-hyun, a member of the 9th-term EMBA, also said, "I sincerely congratulate you on the hosting of the academic forum." "Today's position will provide new business opportunities for our friends, and we hope to grow and let our alma mater shine as one of the best academic forums in the Republic of Korea," he said, thanking the 11th chairman and management team for planning and preparing the event.   The forum was held under the theme of "How to Prepare for the Future," and was based on issues such as changes in the business environment, aging, low birth rate, and youth start-ups, and a panel of experts from various fields participated to discuss future strategies and post-retirement life.   After the academic forum, a dinner continued at the Ahn Young-il Hall. After a long visit to their alma mater, the alumni met with a welcoming face and enjoyed a vocal performance with dinner and classical music commentary. The Graduate School of Business at Korea University has created an environment where classmates can continue to learn after graduation and provide a platform for friends and classmates to networking.

The sixth "Lecture Series" lecture in 2019 hosted by Korea University Business School (Dean= Kim Jae-wook) and the startup institute (Director=Kim Hicheon) was held at Hyundai Motor Hall B205 on October 15. The lecture was delivered by Oh Jung-min, CEO of Hidden Track, who developed a subscription platform called "Linder." CEO Oh Jung-min hosted the lecture under the theme of "A Schedule Information Platform that started in a small room."    CEO Oh Jung-min first introduced the Linder service. "Linder is a subscription service that allows us to continuously receive schedules in various fields such as idol singers, school schedules, cultural life, and brands," Oh said. "It has the advantage of being able to selectively receive necessary schedules." "What's unique about Linder is that it has a cloud sourcing strategy," he said. "We are expecting a virtuous cycle in which data accuracy increases as more users become more accurate and user satisfaction increases as well." "Linder's vision is to give users the question of "how did you live without a Linder?" Oh said. "We are aiming to operate AI in conjunction with certain data."   Introductions to the Linder service were completed, followed by question and answer sessions. "The team started when all five co-founders were college students," Oh said in a question-and-answer session. A business administration student asked how he responds to problems raised by retrospection, one of the team cultures of the Hidden Track. "I think it's important what kind of gestures we make about our memoirs," Oh said. "We have set specific goals for resolution by listing all our memoirs and we try to maintain an atmosphere where we can make candid comments without crossing the line."   The Startup Institute provides start-up education through the "Lecture on demand" series, which is a working-level, close-knit special lecture series, and the "Lecture series," which is a special lecture series on startups and ventures, every semester. The special lectures are open courses, and any student interested in starting a business as well as officials from the tenant companies can participate. For related inquiries, please call the Startup Institute (02-3290-1699).  

Information Session for MS/PhD and Business Analytics (MS) Held   On September 26-27, there was an information session for the Business Administration Department of Korea University Graduate School and the new Business Analytics program.   First, on September 26, there was an information session for the Master's and Doctor's program at Korea University Graduate School; information on the curriculum, research support and scholarship that will change from the 2020 academic year was provided.   Professor Baeho Kim delivered a detailed explanation of the department and its major programs, which will change from the 2020 academic year. "The Graduate School system, which was earlier separated into Business Administration and International Business, will be integrated into Business Administration. International Business program will be established within the Business Administration department," Kim said. He then provided explanations for various programs, including the BK21 Plus program, research support and scholarship system, the method of selecting your professor and exchange student program. Finally, Professor Kim said, "I hope that through the MS and PhD program offered at KUBS, you could become a business scholar required by the society."   On September 27, an information session on Business Analytics (BA) program was held at LG-POSCO Building, Room 433.   First, Professor Kim explained the paradigm of new education for business administration as the purpose of creating the BA program. "With the era of Big Data, we came to realize that it is nearly impossible to handle the data efficiently with the existing method," said Kim. "The BA program is the result of our consideration over how graduate-level education should change in an era where communication channels are diversified. Moreover, as the nation's top research-oriented university, KUBS established BA program with some sense of social responsibility,” he added.   Professor Kim then explained the features and visions of BA program. “BA is an analytical framework to solve strategic, tactical, and operational problems in the era of the Fourth Industrial Revolution through capabilities in data analysis such as statistics, mathematics, data programming, and other related professional knowledge," he said. "This program aims to nurture interdisciplinary talent with skills in various areas including statistics, computers, mathematics and economics, based on business mindset."   In particular, the BA program is the first full-time, one-year course for a master's degree at a Korean university; it also removed the written thesis from the graduation requirement. Behind this decision was the need for higher education that aims for industrial-academic cooperation, which seeks to help students enter the field immediately after a year of intensive learning. “Our program is based on academic aspects, but it is a professional MS program consisting of project-oriented subjects that can be used directly in the field," said Kim. "Capstone project from a practical perspective will replace the thesis." Capstone Project will receive data that are actually used in the field and combine the information learned in the course to generate meaningful result.   The BA program requires 32 credits, and is operated under the 'six-module system'. The spring semester will be separated into Module 1 and 2, the summer into Module 3, the fall semester into Module 4 and 5, and the winter to Module 6; each module will last for two-months. 12 credits of required courses must be completed in Module 1 and 2, and 12 credits of selected courses can be completed in Module 4 and 5. The remaining 8 credits are for the capstone project.   Anyone who has a bachelor’s degree can apply to BA program, and there are no restrictions on majors. Only about 30 Korean nationals will be selected this year. Submission of English test scores is mandatory, but there is no cutline for scores. Those with bachelor's degrees from foreign universities do not have to submit their English test scores. "We want people from various backgrounds to come together to develop analytic ability along with business mindset," said Professor Kim.        Applications for master's and doctor’s program at the Graduate School for the 2020 academic year will run from 10 a.m. to 5 p.m. on Oct 1-7. The deadline for document submission is 10 a.m. to 5 p.m. on Oct. 1-10. For detailed information, students can visit the Graduate School website (http://graduate.korea.ac.kr).