Alumnus Mr. Hui Sung Yoo, the “Donation King” Who Made the World Beautiful and Warm, Became the “Honorary Doctor of Business Administration” The award ceremony for the Honorary Doctor of Business Administration conferred upon alumnus Mr. Hui Sung Yoo was held in an atmosphere of deep gratitude and respect, acknowledging his generous donations.    In 1958, Mr. Hui Sung Yoo entered the Department of Commerce at Korea University, which is currently known as the Department of Business Administration (Dean=Sang Yong Kim). Despite facing numerous challenges in his life, he displayed unwavering commitment to his studies. Upon graduation, he founded Cho Heung Construction, a venture that would eventually flourish over the next 33 years, diversifying into various sectors, including construction, real estate, civil engineering, and material production.  Following the closure of his business, Mr. Yoo turned his attention to supporting his alma mater, Korea University. His philanthropic journey commenced with a substantial donation of 1 billion won in 2011 towards the construction of the Hyundai Motor Hall. In 2015, he contributed an additional 1 billion won as a development fund. In 2017, he generously donated his apartment in Seocho-gu, valued at 2.4 billion won at the time. His commitment to giving back continued with donations of 1 billion won in both 2022 and in May of the current year, totaling an impressive 8.4 billion won in contributions thus far.      Mr. Hui Sung Yoo’s cumulative donations to the Department of Business Administration at Korea University have reached an impressive total of 2 billion won. These donations have significantly contributed to the establishment of the In-Sung Fund, named in honor of his mother and grandmother, bearing the initials “In” from their names and “Sung” from his own. Wat sets alumnus Yoo’s contributions apart is not only just their substantial amount but also their diverse impact. His generosity extends to supporting all members of Korea University, encompassing various aspects such as scholarships for students facing financial difficulties, faculty research funds, medical development funds, and employee merit award funds.     In recognition of his unwavering commitment to philanthropy and continuous support, Mr. Yoo is affectionately known as the ‘Donation King.’ His contributions were so remarkable that he was honored with the National Badge in 2021, a testament to his exceptional dedication to the betterment of Korea University and its community. In recognition of his significant contributions to higher education and his commitment to fostering future talents, Korea University conferred an Honorary Doctorate in Business Administration upon Mr. Yoo on Monday, August 21, 2023 The conferral ceremony took place in the International Remote Conference Room of Centennial Memorial Samsung Hal and was attended by Dong-One Kim, the President of Korea University, Sang Yong Kim, Dean of Korea University Business School,  and Hyuk Yoo, the Executive Vice President for Graduate School and Research.      President Kim stated, “Since the establishment of Korea University in 1905, we have grown with the dreams and sincerity of our nation’s visionaries.” He expressed gratitude by saying, “Our alumnus Hui Sung Yoo, who received the honorary Ph.D. degree today, has laid another foundation that will be remembered for generations in the history of Korea University.” Furthermore, President Kim added, “Today’s honorary doctorate degree bestowed upon Mr. Yoo symbolizes our deep appreciation and respect for his extraordinary benevolence and continuous generous contributions, which have warmed hearts around the world.”    In response, Mr. Yoo asserted, “I made the decision to donate to my alma mater from the moment my business began to flourish, and I always held a deep desire to give back to Korea University which holds a special place in my heart.” He continued, “For the remainder of my life, I am committed to doing my utmost for the honor and continued development of Korea University, my beloved alma mater.”      Meanwhile, Korea University Business School has designated Room B205 of Hyundai Motor Hall as the “Hui Sung Yoo Lecture Room” in honor of alumnus Yoo. Furthermore, Korea University Business School intends to utilize the In-Sung Fund, generously donated in May, as a cornerstone to pursue the goal of becoming the Global Top 30 and Asia’s No. 1 Business School by the year 2030.   

"Let's Embark on a Wonderful Journey Aboard AMP" ... AMP 95th Class Completion    The completion ceremony for the 95th class of the Advanced Management Program (AMP) of Korea University Business School (KUBS, Dean=Sang Yong Kim) took place on Monday, August 21st, at the SUPEX Hall of the LG-POSCO Building. Prior to the commencement of this memorable event, attendees enjoyed a heartwarming video presentation showcasing the incredible journey and activities of the 95th class over the past six months. Graduates took a trip down memory lane, reminiscing about their experiences, starting from the uplifting entrance ceremony to the enriching overseas training and numerous engaging social events. On this momentous day, a total of 56 students successfully completed the AMP program and joined the proud alumni.      At the ceremony, esteemed guests, including Dean of KUBS, Sang Yong Kim, the Academic Director, Seokkyun Kim, the President of the AMP Alumni Association, Dongseok Lee, and other distinguished AMP alumni executives, graced the occasion. Dean Kim extended his warm congratulations to the graduates, praising their dedication and hard work despite demanding schedules. He stated, "Congratulations on successfully completing the AMP program, a testament to your unwavering commitment and effort. I have every confidence that you will navigate our rapidly changing society with diligence and collective intelligence."      The President of the AMP Alumni Association, Dongseok Lee, an alumnus of the 55th class, delivered the following speech: "Through communications with the 95th class, I am excited to witness a new generation joining our AMP program." He also encouraged active participation in alumni association activities.   Subsequently, the Academic Director, Seokkyun Kim, expressed his gratitude: "I am thankful not only to the AMP 95th class but also to their family, as well as all members of KUBS. It was an honor to serve as your academic director."   Following this, the President of the 95th class, Hyun Ki Kim, conveyed his gratitude through a speech: "All of you who have been part of the AMP program have given your best. Congratulations on your completion, and let's continue on this wonderful journey together."      The ceremony was followed by the distribution of certificates of completion and other awards. Certificates of completion were presented to In Jeong Bae and Ji Hwan Hwang as representatives. Awards were given as follows: △Dean’s Award: Hyun Ki Kim △Merit Award: Yoona Kim and 13 others △Exemplary Award: Sung Yong Oh and 25 others △Excellence Award: Young Su Han △Grand Award: Nam Woong Gong and 12 others. Additionally, Group Project Awards were presented to Group 2, Group 3 and Group 1 each receiving the Libertas, Justice and Veritas awards respectively. The Merit Plaque by the Alumni Association was awarded to the President of the 95th class, Hyun Ki Kim and the Secretary General, Nam Woong Gong.      Lastly, there was an orientation session for new alumni to familiarize them with the AMP Alumni Association. This was followed by alumni joining the association and scholarship donation. The ceremony concluded with a unique performance: graduates threw their graduation caps into the air after singing the school song, marking the memorable end to the AMP 95th class completion ceremony. 

"MSP Alumni Association’s 350 Million Won Donation for KUBS’s Advancement"   The Alumni Association of the Management Studies Program (MSP) at Korea University Business School (KUBS, Dean=Sang Yong Kim), which was established in 1963 with the inception of the first graduate school of business administration in Korea and boasts a community of over 10,000 graduates to date, has made a generous donation of 350 million won to support the ongoing advancement of KUBS. On August 23, 2023, Korea University held a donation ceremony at the Main Building, attended by Dong-One Kim, the President of Korea University; Sang Yong Kim, Dean of KUBS; Hojung Shin, the Vice President for Development and External Affairs; Seokkyun Kim, the Head of KUBS Executive Education Center; Won Seok Han, the President of MSP Alumni Association; Hong Mae Kim, the Senior Advisor of MSP Alumni Association; and Hwan Ki Son, the Senior Vice President of MSP Alumni Association.      First, Won Seok Han, the President of MSP Alumni Association, expressed pride in being part of Korea University Business School, which holds the longest history among Korea University colleges. He stated, “We are committed to contributing to the development of KUBS, a leader in business education in Korea.” Dong-One Kim, the President of Korea University expressed profound gratitude, stating, “I am thankful to the MSP Alumni Association for their support in advancing KUBS. We will use this generous fund wisely to strengthen our research, education, and administrative capabilities, with the aim of achieving our goal of becoming a Global Top 30 and Asia’s No. 1 Business School by 2023.    Commencing in 2023, the redesigned MSP program is tailored to offer guidance and support to entrepreneurs and shareholders actively engaged in management, helping them navigate the journey of business expansion and growth. It also provides access to a vast personal network.   The strengths of the MSP program include:  1) Practical curriculum and mentorship for business scale-up: The program offers a practical curriculum and mentoring, featuring intensive presentations, discussions, customized lectures by dedicated professors, and insights from external experts.       2) Top dedicated professors and external advisory board: The program is overseen by three dedicated professors among the KUBS faculty, specializing in innovation, growth, and collaboration.   3) Excellent educational environment and strong alumni network: MSP classes are conducted in an exclusive classroom at the Hyundai Motor Hall, known for its outstanding educational facilities in Korea. Furthermore, graduates benefit from a robust alumni network comprising over 10,000 individuals, enhancing their competitiveness.   

Campus Outing with Children, Family Day for KUBS Alumni 909   On August 19th, 2023, the ‘KUBS 909 Family Day 2023’ (hereinafter referred to as ‘909 Family Day’), hosted by KUBS (Dean=Sang Yong Kim) took place at the LG-POSCO Hall. The ‘909 Family Day’ is an event designed for the class of 1990 to 1999 alumni and their families, especially for the class of 1996 alumni, who are currently preparing for this year’s Alumni’s Night.      Among all, the Associate Dean Seungwoo Kwon, Mr. Chang Soo Park, the Secretary-General of the KUBS Alumni Association, and student ambassadors from KUBE attended the event. The program included △a family photoshoot before the ceremony △greetings message △KUBS introduction △ luncheon △group photoshoot △campus tour and concluded with the distribution of souvenirs.    Associate Dean Kwon stated, “After COVID-19, the opportunity to connect the school with the alumni has decreased,” adding, “I believe that family ties will become stronger if children visit their parents’ alma mater and share the values and philosophy of the school.” He then said, “I hope that this event will allow you to have pride as a KUBS alumni and family.” After the welcoming speech, the alumni and their families enjoyed a fun time with quizzes and prizes.       In a subsequent introduction of KUBS, KUBE’s 18th ambassador, Mr. Yoon Jang, mentioned that “KUBS, with 83 professors, is not only leads in numbers, but also holds a world-class reputation for its research recognitions.” He then highlited the availability of 45 scholarships covering living expenses, tuition, and even a global exchange student scholarship to assist with airfare and accommodation costs. Additionally, Mr. Jang introduced various business-related academic colloquiums, debates, and competitions conducted by the Startup Institute and Center for Digital Transformation and Business (CDTB).       In the afternoon, the KUBE ambassadors led a campus tour for the alumni’s families, showcasing various key locations within KUBS’s campus. The tour covered KUBS’s 3 buildings, starting from the LG-POSCO Hall, where the event was held, and continued to the KUBS Main Building, Hyundai Motor Hall, Central Plaza, Centennial Memorial Samsung Hall, SK Future Hall, and other notable spots throughout the campus.      The family of alumni Sung Yeon Hwang (class of ‘96) said, “A lot of students led campus tours on such a hot day,” and thanked them for a wonderful event. Alumni Mr. Young Woo Jin (class of ‘96) mentioned, “I think the university has improved considerably compared to when I was a student, and it has become one of the best schools in the world. I hope my son would be admitted to KUBS as well in the future.”  

Strong Alumni Network of Executive MBA from Donation… 19th Class of E-MBA Donation Ceremony    On July 20th, a donation ceremony for the 19th Class of Executive MBA (hereinafter E-MBA) took place in the Dean’s Office in the Korea University Graduate School of Business Administration (Dean=Sangyong Kim). The E-MBA program targets experienced managers and executives with over 10 years of professional experience, aiming to nurture creative global CEOs who lead sustainable growth and innovation. The ceremony was graced by the presence of President of the 19th Class Taehyun Kim, Secretary General Daeho Lee, and fellow E-MBA alumni Junghyun Yang and Sungkyung Kang, alongside Dean Sangyong Kim and Associate Dean Seungwoo Kwon.      Before the donation ceremony, Dean Sangyong Kim and Associate Dean Seungwoo Kwon had a warm conversation with the E-MBA 19th Class. Dean Kim expressed his gratitude, stating “ How fortunate it is to overcome the challenging times of COVID-19 together and graduate safely. ” He also emphasized that the development of the Graduate School of Business Administration was possible through the dedication and efforts of the alumni. Furthermore, Dean Kim sincerely thanked them for their generous donations, assuring them that the funds raised would be used thoughtfully to further develop the Graduate School of Business Administration.    E-MBA 19th Class President Taehyun Kim mentioned the strong bond of the E-MBA alumni network during the donation ceremony stating, "We raised this fund through our efforts to maintain and strengthen our alumni network. I hope that future classes will continue this tradition, and as seniors, we will strive to set an example for the development of the Graduate School of Business Administration."    Following his remarks, President Taehyun Kim presented the donation letter to Dean Sangyong Kim, and in return, Dean Sangyong Kim presented the donation certificate and a token of appreciation to President Taehyun Kim. The donation ceremony concluded with a meaningful group photo, cherishing the spirit of giving back.       The donation ceremony raised the participation of all 50 members from the E-MBA 19th Class, raising a total of 30 million won. This achievement highlights the significant value of the strong alumni network, which is considered one of the assets and strengths of the Korea University Graduate School of Business Administration MBA. 

Orientation for Freshmen of Graduate School in Fall 2023... a New Start as Researchers    Korea University Business School(Dean=Sang Yong Kim) hosted an orientation for freshmen of the Graduate School on Friday, August 11th, at 14:00. New students had the opportunity to gather essential information about campus life through a combination of online and offline resources. The event commenced with Professor Woochan Kim, the head of the Department of Business Administration in the Graduate School, introducing the KUBS faculty and outlining the organizational structure. Subsequently, an in-depth orientation took place, which included an introduction to the department staff responsible for various tasks.      The orientation encompassed several key topics, including: a curriculum guide featuring new courses, an introduction to thesis submission requirements for each major, academic information, course registration procedures, guidance on designated courses led by academic directors, credit transfer details, and information about domestic credit exchange.      Furthermore, the orientation covered additional topics such as: changes to individual academic information changes, application and change for an academic director, scholarship and research grant information, BK21, math camp, and database. The orientation concluded with important announcements that included school homepages and portal information, Research Management System, instructions for securing a research room and locker, and student ID card.    After this comprehensive orientation, new students were divided into major-specific sessions, which were conducted both online and offline.