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The First & The Best: Leading Global Business Schools Choose Korea University`s Business School IRP
2024.06.28 Views 717 국제실
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.