[Lecture Series #3] Yoon, founding partner of Big Basin Capital. 'Silicon Valley Success Secrets?'
[Lecture Series #3] Yoon, founding partner of Big Basin Capital. 'Silicon Valley Success Secrets?' The third KUBS Lecture Series for the first half of the 2019 was held on May 7 (Tue) at 6:30 pm at the KUBS Main Building 2F, Startup Station. Yoon, founding partner of Big Basin Capital, gave a lecture on "Lessons Learned from Silicon Valley Startup Success Stories". Yoon graduated from Seoul National University with a Bachelor of Science degree in Electrical Engineering and a Master's degree from Carnegie Mellon University. He then continued his studies at the Wharton School of Business (MBA) and gained experience at Intel Capital and Walden International VC. Based on this experience, Big Basin Capital was founded in 2013. Yoon explained the startup success story through the case of Uber. "The image of the company is deeply related to the CEO's image," he said. He continued to explain that Uber's former CEO Travis Kalanick is a very aggressive person, and his character was reflected in corporate culture. Yoon also said that Uber has been a bit controversial, blocking funding or hindering business of other companies. "I am not saying that this kind of immoral behavior can be justified, but his enthusiasm toward leading the company is the key," he said. Yoon then emphasized, "In order to succeed in on demand service, (user) experience should be 10 times better and price should be cheaper than existing service." Yoon also emphasized the case of Airbnb. He said the biggest reason Airbnb was successful was "the courage to push crazy ideas out of anyone." "It is crucial to have tenacity and persistence of overcoming any hardships," he explained. In other words, tendency of the leader is as important as the idea in a startup. He noted that Airbnb's "host (landlord)" management was also a factor in his success. Hosts who update their homes to give rent on the Airbnb platform are hard to manage on an enterprise level. "Airbnb has made efforts to overcome difficulties by hosting various events and providing education to the host," said Yoon. Every semester, Startup Institute provides startup education through "Lecture on Demand," a working-level lecture series, and "Lecture Series," a special lecture series on startups and ventures. Classes are open courses, which means they are open to not only the employees of a tenant company, but also anyone interested in starting a business. For related inquiries, you can contact the Startup Institute (02-3290-1699).
Global MBA/Global MIM Homecoming Day: Opportunity for Inter Senior-Junior Communication and Harmony
Global MBA/Global MIM Homecoming Day: Opportunity for Inter Senior-Junior Communication and Harmony The 2019 Homecoming Day of Korea University Graduate School of Business Administration (Dean=Kim Jae Wook) Global MBA/Global MIM (hereinafter G-MBA/MIM) was held in May 9th (Thu) 7PM at LG-POSCPO Building Ahn Young Il Hall. Lee Dong-Won, Associate Dean of MBA at Korea University Graduate School of Business Administration, Kwanghyun Kim, Program Director of G-MBA/MIM, and 50 alumni/students participated in the event. "Thank you for attending the event while you are busy," Program Director Kwanghyun Kim said. He added, "I hope the event will be a great time for both seniors and juniors to interact with each other and a great time for everyone." Moving around their tables, alumni and students talked to each other in a peaceful atmosphere. "MBA graduates graduate on a yearly basis, so seniors and juniors can't study together or meet one other," said a G-MBA student who participated in the event, and added that it's very helpful to meet and interact with many seniors at the Homecoming event. The event was wrapped up with great success as alumni and students gathered together to take a group photo. Global MBA/Global MIM 홈커밍데이 사진 확인하기
2019 Spring Campus Tour and Mentoring Day for High School Students
2019 Spring Campus Tour and Mentoring Day for High School Students A one-day experience as a KUBS student The ‘2019 Spring Campus Tour and Mentoring Day for High School Students’ by Korea University Business School (Dean = Jae Wook Kim), was held on May 11th (Tuesday) at the KUBS campus. The event, organized by KUBS Public Relations Office and KUBE, KUBS student ambassadors, was attended by 110 high school students who were selected through fierce competition. The event attracted the largest number of applicants since the campus tour was first launched, showing teenagers' keen interest in KUBS. The regular campus tour is designed to provide high school students who are interested in business administration with practical experience to improve their understanding of KUBS. The campus tour consisted of △ Introduction of KUBS △ Introduction of 7 majors in KUBS △ Tour around Liberal Arts Campus △ Mentoring program with KUBS students. "I've prepared hard for today's event, so I hope you enjoy it as much as you want," said Yeonchan Jeong, a member of KUBE, in his opening speech. Students at the event listened to lectures on the introduction of KUBS and seven majors offered in KUBS. After the lecture, the students followed KUBE's guidance to tour around Liberal Arts Campus. Then they had time to freely ask their questions through a small-group mentoring program. KUBS holds campus tour every semester for high school students who wish to attend KUBS. The event will help young students set career paths, make study plans and will provide them with an opportunity to experience college life. In addition to the regular campus tour, Mentoring Day for high school students during summer/winter vacation is also scheduled, with all events fully free of charge. 2019 봄 정기 캠퍼스 투어 사진보기
‘2019 Spring CHOO CHOO’ Day Successfully Held
2019 Spring CHOO CHOO’ Day Successfully Held The ‘2019 Spring CHOO CHOO Day’, which was hosted by Korea University Business School (Dean = Jae Wook Kim) and organized by Startup Institute (Director = Hicheon Kim), was held at LG-POSCO Building SUPEX HALL on May 10th. CHOO CHOO Day is an event where young entrepreneurs who moved into Startup Institute on the second floor of KUBS Main Building present their products and services. About 300 investors, industry insiders and prospective entrepreneurs attended the event, showing their keen interest. "One of the most important areas I look for as VP of Korea University is the startup," said Jin-Han Rhee, Executive Vice President for Research, “I would like to thank many members of the school and of business sector for attending this event.” "All the teams that have moved into Startup Institute -- they are very serious and desperate," said Jungbin Moon, Director of Iljin Center for Startup Incubation, “I ask you to pay a lot of attention, loving advice and of course, investment.” Following teams have participated in the event: △ “Boldbox Inc.” that produces K-beauty men's cosmetics brand targeting foreign market △ “Enjoying Lions” that produces Slodka, a DIY cocktail kit for your special moment △ “Tickle”, an investment platform that automatically saves change and invests when users pay with a linked card △ “Stipop Inc.”, an emoticon platform that enables foreign users to use emoticons on a variety of apps △ “dbd Lab”, a platform that allows users to test UX (User Experience) easily △ "Skylab Entertainment" that develops healing games with emotional stories △ “Blimey” that produces cultural contents targeting Malaysia's YouTube market △ "Sooho", a security and compliance application for secure blockchain business. Each company presented its achievements and visions through presentations, question-and-answer sessions and individual booths. The event which began at 2 pm lasted until 6 pm, and continued at the individual booth set up outside the classroom after the presentation. Startup Institute, the organizer of the event, is the first startup incubation center established in Korean business school, and is carrying out many projects to nurture its talented students. It holds a startup competition, Startup Express, every semester, and all teams who move in are selected through tough competition, usually with the ratio of 10:1. The Startup Institute pay operating expenses to the moving team, offer an office at Iljin Center for Startup Incubation and education programs at Seung Myung-Ho Center for Entrepreneurship Education. In addition, it is continuously preparing opportunities to exchange information with experts from startup related agencies such as Kim & Chang, Samil PwC, Amazon Web Services and YCrowdfunding.
[Lecture Series #2] Lendit CEO Sungjoon Kim "Startup begins from empathy and consideration"
[Lecture Series #2] Lendit CEO Sungjoon Kim "Startup begins from empathy and consideration" The second Lecture Series of 2019 was held at KUBS Main Building 2F, KUBS Startup Station on April 30, 6:30 pm. Sungjoon Kim, CEO of Lendit, gave a lecture on the topic of "From Scientist to Designer, Now P2P Financial Entrepreneur." Lendit is an online platform that connects loans and investments; it has mediated more than 170 billion won over a four-year period and now has the highest market share among local P2P financial platforms. First, Kim explained his somewhat unusual academic career. Kim graduated from science high school and studied biotechnology at KAIST. While in college, he by chance took a lecture on IDEO, a design firm that designed Apple's interface. With this incident, he felt a great attraction to design studies and changed his major to industrial design. He then studied product design at Stanford University. “After listening to the lecture, I came to realize that design is not just about aesthetic, but needs much more values than that,” Kim said. Recalling the lecture, he stressed the importance of "design thinking" in startups. Kim explained that the keyword for IDEO is “empathy and consideration,” and that design thinking is a way of empathizing with what people look for and being considerate of them to find a solution. Kim also stressed that many observations and experiments are essential. "If you are thinking of starting your own business, try various experiments to find problems through observation, to empathize and be considerate of other people," he advised. Kim stressed this mindset by explaining the early stage of Lendit. "At that time, I had to borrow money from the secondary banking sector since I had already failed in other startups, and I was asked for a very high interest rate of 22 percent," he said. "But when I used the online lending service from the U.S., I was asked to pay 7.8 percent, even though I was a foreigner. This is how I decided to start Lendit." Kim said. "It is better to start a business from an area to which you can relate easily or in which you can become a customer. Start with empathy for the problem, not the mere idea of having your own business,” he added. The Q&A session was filled with questions from many prospective entrepreneurs. Among them, Seung-jun Park, a KUBS student, asked for advice regarding the difficulty of running a business as a college student. "It's hard to do something else when you launch a startup. If you are not in a hurry, it is not so bad to get a job before you start your own," Kim said. "In fact, you may experience a lot of things and build your know-how through your company life." Every semester, Startup Institute provides startup education through "Lecture on Demand," a working-level lecture series, and "Lecture Series," a special lecture series on startups and ventures. Classes are open courses, which means they are open to not only the employees of a tenant company, but also anyone interested in starting a business. For related inquiries, you can contact the Startup Institute (02-3290-1699). 스타트업 연구원 홈페이지: https://www.startupstation.kr 스타트업 연구원 페이스북: https://www.facebook.com/kubsstartupstation
KUBS Tops the Nation's MBA Survey For Seven Consecutive Years
KUBS Tops the Nation's MBA Survey For Seven Consecutive Years Korea University Business School (Dean=Jae Wook Kim) was ranked No. 1 in the 2019 National MBA Survey. This survey is conducted annually by the HanKyung Business and asks HR managers from the top 300 companies in Korea; KUBS has remained firmly on top of the throne for seven years. KUBS has not missed the No. 1 spot since 2013 when HanKyung Business first started its MBA survey in Korea, and this again proved that the KUBS has the best MBA program in Korea. This year's assessment targeted 15 universities: 13 schools that have been already certified by the Ministry of Education and 2 new schools, KAIST and Sejong University respectively. The survey was conducted by ranking six categories of △preference for recruitment △development potential △organizational cohesion △globalization △professionalism and △entrance recommendation. The total score of KUBS was 4,308 points. Among the six evaluation categories, KUBS ranked first by a high margin in the category of △development potential and △organizational cohesion. KUBS each time has dominated other universities in organizational cohesion. In particular, KUBS ranked first with a very large margin of 283 points with SNU MBA, the second-highest school in organizational cohesion. It shows that KUBS graduates adapt well to new organizations and establish effective and cooperative relationships with their members. In addition, KUBS ranked first with 690 points, higher than SNU MBA (612 points) in development potential. Meanwhile, Yonsei University MBA remained in third place as last year, showing strong performance in globalization sector. Fourth place went to KAIST MBA. SKK GSB ranked fifth, finishing second in organizational cohesion. The top six to ninth places went to Sogang University with 2,488 points, Hanyang University with 2,155 points, Chung-Ang University with 1,452 points and Ewha Womans University with 1,063 points – the same ranking as last year. Konkuk University (733 points), Dongkuk University (601 points), Inha University (406 points), Sookmyung Women's University (338 points), Chonnam National University (193 points) and Sejong University (159 points) followed after. Related News [한경비즈니스] “문화적인 역량이 고려대 MBA의 저력” [한경비즈니스] 고려대 MBA 7년째 1위 수성, ‘빅5’는 어디? [한경비즈니스] 고려대, 국내 유일 CEMS 정회원…국제경쟁력이 7년 연속 1위 비결
The “Never-ending” network, ‘2019 Executive MBA CARE Program’
The “Never-ending” network, ‘2019 Executive MBA CARE Program’ ‘2019 E-MBA CARE (Continuing Alumni Reaching-out &Education, i.e. CARE) Program’, hosted by KUBS Executive MBA, was held at 19th April (Fri) in LG-POSCO Building room 433. Over 40 participants of EMBA graduates and members attended in the lectures. The event began with the opening remark from the program director, professor Jae Uk Chun, addressing “I think the word `CARE’ has a delicate meaning that contains a characteristic of human nature. I believe that all participants here will have a precious time, sharing significant ideas of various topics each other”. After that, Hee Ok Kang, the president of MBA Alumni took a speech saying “Considering that many members and graduates made a reunion tonight, I guess everyone is deeply contemplating for their own future. I truly wish every member of EMBA to become a tomorrow’s shining star”. For this CARE program, former national baseball player No Jun Park, a current professor in Sports-leisure department of Woosuk University gave a lecture with a topic of ‘Looking at business management with the eyes of baseball’. The lecturer began his presentation telling “I have never been nervous when I played a baseball game in front of 40~50 thousand fans, but it is always not easy to deliver a lecture in my Alma Mater. I will try my best to make a fine approach between the Business leadership and baseball, which is a very rational sports for understanding the business management”. The lecture went through the contents of △Baseball rules and techniques △Baseball and the leadership. E-MBA CARE, organized by KUBS MBA, periodically invites eminent professors for the special lectures in KUBS. The purpose of the program is to build-up a continuous academic environment for the MBA graduates, and to create a concrete network between the MBA members and graduates.
KUBS holds Startup Demo Day ‘2019 Spring CHOO CHOO DAY’
KUBS holds Startup Demo Day ‘2019 Spring CHOO CHOO DAY Korea University Business School (Dean=Jae Wook Kim) will hold ‘2019 Spring CHOO CHOO DAY’ at KUBS LG-POSCO Building at 2 p.m. on May 10th (Fri). This event is a startup demo day where young entrepreneurs, who went through the startup nurturing program by moving into the KUBS Startup Station for 6 months, provide demonstrations and make public announcements of their own product and service. This year, about 300 people of investment parties concerned, university, public institutions, the press, private enterprise, and preliminary entrepreneurs are expected to attend the event. The following 8 enterprises will make a presentation: △K Beauty Men's cosmetics brand 'Bold Box' which targets the Amazon market △’Enjoying Lions’ presenting DIY cocktail kit ‘Slodka’ △ Life investment platform startup 'TIKLE' △Global emoticon platform startup which provides diverse and unique emoticons around the world, 'StiPop' △ ’DBD Lab’, providing growth hacking tests to help increase business success probability' △'Skylab Entertainment' which develops fantasy and dreamy puzzle / adventure games △'Bilmey’, a contents creator which targets the Malaysian market with mobile video △'SOOHO', a security&compliance specialized startup for block chain business. Anyone who is interested in the '2019 Spring CHOO CHOO Day' to be held on Friday, May 10 can apply through the link below. Detailed information on the event can be found on the Startup Station website or on Facebook. KUBS Startup Station Founded in September 2017, 'KUBS Startup Station' is the first Korean startup training and research institute established within the Business School, and is seeking excellent student entrepreneurs to support their growth to startups. Startup Station hold 'Startup Express', a self-operated startup contest, every semester, and all the residents are selected through a tough competition of more than 10 to1 and by a thorough examination of documents and interviews. The Startup Station provides practical support for pre-entrepreneurs through up to 5 million KRW support per company, Iljin Center for Startup Incubation on the 2nd floor of KUBS Main Building, and the young entrepreneurs education program at the Seung Myung-Ho Center for Entrepreneurship Education. It also consistently provides opportunities for networking, PR, and information-sharing with startup agencies and experts such as △Kim & Chang Law Firm, △Samil PwC, △Amazon Web Services, and △Y Crowdy Funding, which have MOU with KUBS. ▶ 홈페이지: https://www.startupstation.kr ▶ 페이스북: https://www.facebook.com/kubsstartupstation
[Startup Institute Lecture on Demand #1] "Startup, who are you going to work with?" - Manager Kim Sung-joon
[Startup Institute Lecture on Demand #1] "Startup, who are you going to work with?" - Manager Kim Sung-joon This year’s first ‘Lecture on Demand,’ hosted by Startup Institute, was held on April 2 at the Seung Myung-Ho Center for Entrepreneurship Education in KUBS Main Building. Kim Sung-joon, manager of the SK Leadership Development Center, gave a lecture on <Startup, who are you going to work with?>. Kim Sung-joon, who has completed his Ph.D. in management at KUBS, is in charge of diagnosing and analyzing SK Group's executive capabilities and conducting research on startups and large companies. Manager Kim Sung-joon began his lecture by telling the story of how he could discover organizational culture in various parts of the company. "If you look at the composition of parking lots, daily interactions inside elevators, and the structure of the office, you can see how horizontal the organization is about its relationship," Kim said. "Given my past experiences of looking into different companies, I've come to think about how a startup should work and what kind of organizational culture a startup should have." During the lecture, he talked about what kind of person he would start his own business with and what kind of talent he would look for. "Startups are likely to be at odds at the planning stage," Kim said. "It is important to try to understand and complement each other, whether the process is intuitive or logical." He also cited examples of difficulties in finding and hiring talented people, adding that "organizational culture" is very important because culture affects thoughts and attitudes. “Startups should also focus on creating attractive organizational cultures," he added. Every semester, Startup Institute provides startup education through its "Lecture on Demand," a working-level lecture series, and "Lecture Series," a special lecture series on startups and ventures. Classes are open courses, which means they are open to not only the employees of a tenant company but also anyone interested in starting a business. For related inquiries, you can contact the Startup Institute (02-3290-1699).
2019 KUBS MBA Admissions Open
2019 KUBS MBA Admissions Open Korea University Business School (Dean=Professor Jae Wook Kim) is now accepting applications for 2019 MBA admissions. Admissions are open for 3 MBA programs: △Global MBA/Global MIM △S³ Asia MBA. Global MBA has three application rounds, and Global MIM has two application rounds. Global MBA and Global MIM are programs which equip students to academic and professional skills through a variety of global experiences. If candidates participate in programs at partner schools across the world, they are eligible for the award of degrees from both institutions. S3 Asia MBA is an Asia-specialized MBA program and has only one application round. Candidates can study at 3 universities in 3 different countries in Asia — Korea University, Fudan University, and National University of Singapore (NUS). Candidates are eligible to graduate with 2 degrees, one from KUBS and the other from either Fudan University or NUS. Both Global MBA and Global MIM will begin the application of the 1st round starting from the entrance information session which is held on January 3 (Thu) 2019. The deadline for online application of the 1st round is January 13 (Sun) 2019 17:00 and submission documents should be accepted the day after (January 14 (Mon) 17:00). The result will be notified on January 18 (Fri) 15:00 and shortlisted applicants will need to attend an interview on January 26 (Sat), then the final outcome will be released on February 1 (Fri) 15:00. The 2nd round of Global MBA and Global MIM's entrance information session is held on February 20 (Wed) 2019 19:00. Online application will be available until March 29 (Fri) 17:00 and documents can be submitted until April 2 (Tue) 17:00. Results of the 2nd round will be released on April 5 (Fri) 15:00 and shortlisted applicants will need to attend an interview on April 13(Sat), then the final outcome will be released on April 23 (Tue) 15:00. The 3rd round is conducted in Global MBA and S³ Asia MBA programs. The entrance information session will be held twice: March 9 (Sat) 2019 14:00(1st) & April 3(Wed) 2019 19:30(2nd) and will convey detailed information about Global MBA/S³ Asia MBA program. Online applications of the 3rd round are due until April 26 (Fri) 17:00, submission documents are accepted until April 30 (Tue) 17:00. The result will be announced on May 10 (Fri) 15:00 and interviews for shortlisted applicants will be conducted on May 18 (Sat). The final outcome of Global MBA/S³ Asia MBA 3rd round will be released on May 29 (Wed) 15:00. Applications for the 2019 MBA programs can be made online via (https://bizapply.korea.ac.kr). Please contact the Department Office (02-3290-5365) for further information. ※The schedule in the attached file may change depending on the situation.