[Executive MBA International Residency Program in Spain and the USA] – Learning Business and Finance at Top-Tier Institutions

The KUBS Graduate School Executive MBA (E-MBA) program (Dean=Sang Yong Kim) conducted its International Residency Program (IRP) for the first semester of the 2024 academic year. The IRP is a core course in the E-MBA curriculum, where esteemed faculty from renowned international universities teach regular classes, and students study at prestigious universities in the United States and Europe while visiting local businesses. 

First, the IPR, which took place from June 22 to June 30, was held at ESADE, a business school affiliated with Ramon Llull University in Barecelona, Spain. Professor Daeki Kim and the class of 21 participated in the program. ESADE is the first business school in Spain to receive the “triple crown” accreditation, which includes AACSB (Association to Advance Collegiate Schools of Business), EQUIS (European Quality Improvement System), and AMBA (Association of MBAs). It is also a member of CEMS (Global Alliance in Management Education), along with the business school. 

 During their time at ESADE, the students attended lectures on various topics, including: ▶Introduction to doing business in Spain & the EU ▶Market & Non-Market Environment & the EU ▶Disruptive technologies & new business models / AI for Business ▶Creating growth Ventures ▶Social innovation, Social Issues ▶Leadership and Social Responsability / Sustainable business models ▶Simulation: Managing successful collaboration ▶Closing & certificates.  

Additionally, they participated in a winery tour at Torres, one of the largest wineries in Spain, which has been family-run for five generations since the 1870s. The students also had the opportunity to experience Spanish culture by visiting landmarks such as Park Güell and the Sagrada Família. 

 Following this, from June 29 to July 7, the IRP continued with a visit to Yale University in New Haven, Connecticut, USA. Professor Shijin Yoo and the class of 22 participated in this program. Yale University, an Ivy League school, is one of the most prestigious universities in the United States, with a history dating back to its founding before the American Revolution. As of 2020, Yale has produced 60 Nobel laureates, five Fields Medalists, three Turing Award winners, and five U.S. presidents. 

At Yale, the students attended lectures on topics such as: ▶Behavioral Economics: Beliefs, Goals, and Choices / Two System Theory of Choice ▶Systematic Approaches to Creativity / Technology and Human Experience  ▶Thinking 101 ▶Finance and the Global Economy ▶Managing the Customer Decision Journey in the Digital Era / Economics of AI and Business Strategy ▶World Economic Outlook ▶Social Network Interventions ▶Foundations of Corporate Governance ▶Influence & Persuasion.  The students were also divided into two groups to explore American culture, visiting locations such as New York City and Niagara Falls.