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[Interview with Finance MBA Program Director] “FMBA is a Curriculum That Aims at Nurturing Pioneerin

2017.09.14 Views 3256 경영대학

Interview with Finance MBA Program Director│Professor Ji-Woong Chung
“FMBA Is a Curriculum That Aims at Nurturing Pioneering Experts in Finance”
 
Finance MBA (FMBA) is a specialized MBA program. The program, which was originally designed as a one year full-time course, has been stretched to a two year (4 semesters) part-time course. interviewed Professor Ji-Woong Chung, Program Director of FMBA to ask about the change.
 
 
Q. Could you tell us why KUBS decided to alter the duration of FMBA?
The FMBA has just celebrated its 12th anniversary since its commencement in September 2006. We thought that it was crucial to reflect the changing needs of the students over the past 10 years. Recently, there has been a surge in the number of workers taking courses to elevate their professionalism. We thought in order to accommodate the growing demand of our FMBA from workers, it was necessary to extend the duration of the program from a full time one year to a part time two years.

Q. How is the new FMBA structured?
The main difference would be that daytime courses have been changed to evening and weekend courses. In terms of the course structure, along with conventional lectures like asset management and corporate finance, we offer classes that have high practical and technical uses. Our faculty members have shifted their focus on theories and techniques to a more practical approach. The program’s aim is to provide a curriculum that reflects the rapid changes in the IT and finance industry; as a result, in addition to the traditional courses on financial theories, we are also trying to offer lectures on △IT training, △Big Data, △Machine Learning, and △Programing. Noting the deep relationship between government regulations and finance, we have also been considering cooperation with the law department to educate our students on financial regulations. This course would be unique to KU FMBA.

Q. Would the new FMBA also have the advantages of the old curriculum?
Yes. Our FMBA is the first to sign a partnership with the CFA Institute and in doing so, we have enjoyed access to resources on recent business trends which have been assembled by leading financial experts. Also, through KUBS’s independent network of partnerships with other schools, students can go on exchange from 2 to 6 months. Some of our FMBA students recently went to △University of San Diego in the U.S., △Fudan University in China, △NUS in Singapore, and △Waseda University in Japan.

Q. Could you give a work of advice to those who are considering applying to FMBA?
The global financial market is changing. The fourth industrial revolution, on the tide of fintech, big data, and artificial intelligence, has spread its wings into finance. To reflect the concerns of maintaining soundness of financial institutions but embracing new technologies, there will be changes both in regulations in finance and technology. KUBS FMBA plans to incorporate these changes and help students gain new academic insight into their expertise and become leaders in their respective fields.