Professor Park Myung Sub and Professor Moon Hyoung Koo's Retirement Ceremony Held
Professor Park Myung Sub and Professor Moon Hyoung Koo's Retirement Ceremony Held The retirement ceremony for professors who have worked at Korea University Business School for a long time was held at 6 p.m. on August 28 at Ahn Young-il Hall of LG-POSCO Building. The retirement ceremony was prepared by KUBS to celebrate the honorable retirement of Professor Park Myung Sub and Professor Moon Hyoung Koo, who has been with KUBS with their long-lasting love and passion. The event was attended by several fellow professors and staff, including Park Myung Sub and Moon Hyoung Koo, who are to retire from the school. The first order was to introduce the two professors who are to retire. Professor Park Myung Sub's introduction was led by Professor Shin Ho-jeong of the LSOM sector, and Professor Moon Hyoung Koo's introduction was led by Professor Kim Young Kyu of Management sector. Professor Park Myung-sub majored in trade at Korea University, earned a Master's degree in Economics from Virginia State University in the U.S. and a doctorate in Business Administration from the University of Texas. Since then, Park first taught at Kansas State University in the U.S. in 1987, and has been a professor at KUBS since 1990. Professor Moon Hyoung Koo majored in English at Seoul National University, earned a Master's degree in Business Administration from Yonsei University and a doctorate in organizational behavior from Minnesota University in the U.S.. Moon has taught in KUBS since 1993. "I had been taught by Professor Park Myung Sub in my undergraduate years, so I feel much more emotional," said Professor Shin. Professor Kim Young-gyu said, "Professor Moon Hyoung-koo is like a mother of our major," and added, "He has a warm and healthy smile, and he has always given love to not only us professor but also the students as well." Then there was the order in which a thank-you prize was delivered. Kim Jae Wook, Dean of KUBS, delivered a plaque of appreciation to the two professors, which is by Korea University and the professors of KUBS. Kim Jae Wook expressed regret by letting the two professors leave. "As juniors of them, I am very grateful for them," said Kim Jae Wook during his retirement ceremony. He added, "Professor Park is the one who led the LSOM field at Korea University Business School, and Professor Moon Hyoung-koo has a deep affection for the school as he has so far led the cheering squad." Lastly he said, "I feel emotional being here; I hope the two professors don't forget about our school and continue to pay attention to our school." The ensuing retirement speech showed the professors' love for and pride in school. After their retirement speech, a cake cutting ceremony and a toast ceremony followed. The professors and guests celebrated their retirement by sharing their memories with professors Park Myung Sub and Moon Hyoung Koo.
Advanced Management Program (AMP) 88th Generation Entrance Ceremony
Advanced Management Program (AMP) 88th Generation Entrance Ceremony Korea University Business School (Dean=Jae Wook Kim) Advanced Management Program (hereinbelow AMP) was held at SUPEX HALL, LG-POSCO Building on September 2 (Mon). About 50 freshmen and faculty members including Dean Jae Wook Kim, Associate Dean for MBA Programs Weon Sang Yoo, President of AMP Alumni Association Moon-Chan Kim, Academic Director Bo Kyung Bae attended the event. "The reason why KUBS is the best in Korea is thanks to the AMP program, which has a deep history," said Jae Wook Kim, Dean of KUBS. "I will strive to make AMP into an open place for discussion with humble and open-minded attitude." "Despite the burden of being a manager, I appreciate your choice and hope you will have a good experience." President of AMP Alumni Association, Moon Chan Kim's gratification speech followed. "I entered this school 20 years ago, and now I'm thrilled to see you," he said. "I hope you will reawaken the passion of your youth here." The first AMP program in Korea, Korea University's AMP was established in 1976. With its 44 years of history, AMP is widely recognized for its professors and strong alumni network consists of 4,500 experts from diverse industries.
Inbound and Outbound Orientation for Exchange Students in Fall, 2019
Inbound and Outbound Orientation for Exchange Students in Fall, 2019 Inbound and outbound exchange student orientation for the fall semester of 2019 was held at Ahn Young Il Hall and Cuckoo Hall of LG-POSCO Building on August 29(Thu). The event was attended by 115 exchange students from 56 schools in 20 countries, including China, Australia, the U.S. and Spain, 50 preliminary applicants for the KUBS SEP exchange program to be dispatched in the spring semester of 2020, and KUBS Buddy. The orientation began with students at KUBS having time to interact with students from the exchange schools to be dispatched in the spring semester of next year. While KUBS students received practical information about the dispatched schools, foreign inbound exchange students received practical information about Korea University, followed by pleasant and informative conversations. As for the outbound orientation, information session was held regarding the preparation procedure before dispatch, such as submission of additional documents, application for classes, visa issuance, and the grading of exchange students. "We welcome you to Korea's top business school, Korea University Business School," Professor Martin Hemmert said in a welcoming speech at the inbound orientation. He went on saying, "You will experience practical lectures here with a high level of students in an optimal environment, not a traditional and boring class." After the welcoming speech, foreign exchange students had time to promote friendship with the help from KUBS Buddy. KUBS Buddy is an organization under the KUBS International Office, and is conducting promotional activities to inform foreigners of Korea University Business School.
Global MBA & Global MIM, Welcome to KUBS!
Global MBA & Global MIM, Welcome to KUBS! The 2019 Global MBA, Global MIM (G-MBA, G-MIM hereafter) Welcome Ceremony and Orientation were held at SUPEX HALL, LG-POSCO Building on August 23. About 60 freshmen and faculty members including Dean Kim Jae Wook, Professor Shin Hojung and Professor Kim Kwanghyun attended the event. The orientation was held for two days and one night, including both the On-campus Orientation and the Off-campus Orientation held at COEX Intercontinental Hotel in Seoul. First, the event began with Dean Kim's welcoming speech for freshmen. "KUBS has a very deep history of establishing an MBA program for the first time in Korea," said Dean Kim. "I hope your experiences are not limited to those within school." He also welcomed the freshmen, saying, "I wish you all a good luck because you will be able to become global leaders." The subsequent On-campus orientation sessions for G-MBA and G-MIM were held at Hyundai Motor Hall, Room 403 and 412 respectively. The G-MBA orientation was conducted by Professor Shin hojung, while G-MIM orientation was conducted by Professor Kim Kwanghyun. Each orientation was conducted by its principal professor, who guided the introduction of courses, schedule of academic affairs, gradings and graduation requirements. Students later headed to the COEX Intercontinental Hotel in Seoul for a two-day off-Campus orientation. While on the move, freshmen experienced Korean culture by conducting group missions such as visiting representative locations in Seoul and purchasing souvenirs. After dinner together, students held a makgeolli drinking ceremony (sabalsik), a culture of Korea University, to build friendship and strengthen their sense of belonging. Then on 24th, a small souvenir was given to a group that presented the previous day's group mission. Wrapping up the two-day orientation, G-MIM Professor Kim Kwanghyun said, "It was spectacular to see you with different cultures and languages cheering together under the name of Korea University. I hope you all rely on each other and do your best to complete the course successfully." For more information on G-MBA and G-MIM courses, visit the Korea University Business School website at https://biz.korea.ac.kr, or contact us at 02-3290-5365.
‘2019 Korea MBA Family Day’
‘2019 Korea MBA Family Day’ 2019 Korea MBA Family Day was held at LG-POSCO SUPEXHALL, leaded by the opening remark from Dean Jaewook Kim, mentioning “I personally do have a lot of good memories in K-MBA, since I had been in charge of it as a program supervisor. I appreciate all of the K-MBA members for actively participating in not only the academic studies but also developing solid network between the members. KUBS will be sure to put its full effort to make further advance in the program”. The K-MBA Family Day itinerary was formed by the various events dedicated to the entertainments of K-MBA families. Family activities held in KUBS lecture rooms: Movie session, Calligraphy class, Flower arrangement lesson, Candle-making course etc., have injected more entertainments to the event. Following the tour guided by KUBE (KUBS student ambassadors), the event was successfully ended with the group photo time at the KUBS square located in front of the main building. 2019 Korea MBA Family Day 사진 확인하기
Pre-MBA Career Day for Global MBA Freshmen
Pre-MBA Career Day for Global MBA Freshme "Pre-MBA Career Day," hosted by the Career Development Center of Korea University Business School, (Dean: Kim Jae-wook) was held on August 22 at Hyundai Motor Hall Room 403. The Pre-MBA Career Day, one of the most essential sessions of the 2019 Global MBA freshman Career Acceleration Program, is designed to help freshmen manage their careers and get job support. First of all, the event began with the introduction of the Career Development Center and career development programs by Woo Jin-hwa, an employee of the Career Development Center. In the lecture that followed, Research Direct International (RDI) Worldwide CEO Gordon Dudley gave a speech on the topic of "Strategic approaches to the career." "I was also a Global MBA student like you 10 years ago," he said. "I worked at a Korean securities firm, though I’m from the U.K, and established an investment firm called RDI Worldwide after the G-MBA program." He then asked students why they were attending the MBA program and students responded with answers. "It's very important to have a clear reason for a particular decision," Gordon Dudley said. "It's because it's the driving force and the sustainability of our efforts to achieve that goal." The process of building a career is not a sprint; it's a marathon," he said. "That is, studying for two years with an MBA may not bring the reward you want. “In that perspective,” he stressed, “a strategic approach to the career is essential, as it can save time and energy.” Afterwards, the special lecture has been conducted in a free atmosphere, with identifying the motivation that drives G-MBA students to move by writing a psychological checklist, accordingly setting their own target careers, sharing and exchanging feedback "It was a very busy and difficult time while I was in the MBA program, but it was a very important time," Gordon Dudley said. "I hope you can experience a lot in here because it's the best asset.
Homecoming Day for KUBS Graduates, Class of 1994
Homecoming Day for KUBS Graduates, Class of 1994 The homecoming day for KUBS Graduates, Class of 1994, was held at 7:30 pm on August 20 at LG-POSCO Building. The homecoming day was a special event organized by Dean Jae Wook Kim to encourage alumni members preparing the KUBS Alumni Night event. Attending the event were Dean Jae Wook Kim, Professor Joong Hyuk Kim, Professor Baeho Kim, Secretary-General Sung-ho Oh, and KUBS graduates including Chang-kyu Choi, Gil-sang Choi with 20 other classmates. "The reason I brought you today is that I wish you have a good time with your alumni, not only to talk about the event, but also to renew each other's friendship," Kim said in a welcoming speech. “KUBS is the first of its kind in the country to hold an alumni night for nearly 40 years, and through this event, graduates are delivering an average of 100 million won worth of scholarships for KUBS students, said Sung-ho Oh, Secretary-General of KUBS. "It's all thanks to the support of our KUBS alumni, and I hope this evening will be a successful one as well." The Class of 1994 also responded. First of all, Jae-hak Jeong expressed his feeling to visit his alma mater. "Thank you for inviting me to this special occasion," said Jeong. "I will ask for advice from my seniors in the Class of 1993 and work with them to prepare for this year's alumni night." "After graduation, I started to feel the importance of my alma mater, which I didn't know when I was in school," said Sang-mi Lee, Class of 1994. "I hope everyone has a good time today." After the introduction, the participants gathered together to take group photos, enjoy dinner and promote friendship. The Class of 1994 also responded. First of all, Jae-hak Jeong expressed his feeling to visit his alma mater. "Thank you for inviting me to this special occasion," said Jeong. "I will ask for advice from my seniors in the Class of 1993 and work with them to prepare for this year's alumni night." "After graduation, I started to feel the importance of my alma mater, which I didn't know when I was in school," said Sang-mi Lee, Class of 1994. "I hope everyone has a good time today." After the introduction, the participants gathered together to take group photos, enjoy dinner and promote friendship.
9 Months of Sweat and Effort: The E-MBA ELITE Project Presentation
9 Months of Sweat and Effort: The E-MBA ELITE Project Presentation The presentation of the "Executive Learning and Interactive Team Excellence" (ELITE) project, which is held by the Executive MBA (E-MBA) of Korea University, was made on August 17th (Sat) at Room 530 of the LG-POSCO Hall. The event was attended by Yoo Weon Sang, Associate Dean and Program Director at the Graduate School of Business Administration, and Chun Jae Uk, as well as professors Yoo Shijin, Lee Jae-Nam and Rhee Jay Hyuk, who led the project. In addition, Chairman and Vice President of FMASSOCIATES and others related to the businesses of the case studies such as Facilitator, and Kang Hee-ok, President of the Alumni Association, (E-MBA 17th) were also present. About 70 people attended and listened to the presentation of six teams. Each team shared their preparations with the participants through a 40-minute presentation session. The six teams respectively presented on the topics of △Ways for the "Wearable Smart Glass" to advance into the domestic and overseas tourism markets △ Reading-m growth strategies using direct stores and reading platform, △Market analysis and marketing strategies to revitalize premium traditional liquor, △SENIORBOT's "Elderly-friendly Hyodol" sales and marketing strategies, △Inventing new items using heat blocking multi-films and methods of expanding the domestic market of heat blocking systems, △IoT, AI-based Silvercare platform. This project has been prepared for about nine months since December 2018. "Though they are veterans of business who have been through a lot of ups and downs in the industry, I can feel the tension in the air today," said Yoo Weon Sang, Associate Dean and Program Director, before the announcement. "I hope you will share the results of your efforts and encourage and praise each other rather than think of it as a competition." "I think Korea University's E-MBA can become a global business school like Harvard's MBA," said Kang Hee-ok, President of the E-MBA Alumni Association. "With that mindset of pride, please present your ideas." The E-MBA ELITE Project, a unique and distinctive subject of E-MBA at KUBS, involves students directly examining pending issues of sponsored companies and proposing problems to solve practical problems with outside experts. During the semester, students can take part in solving practical problems, taking the internal problems and direction of change in a rapidly changing society from a management theory perspective. The main purpose of the subject is to develop students into "deciders with independent thinking" and to share with their peers the practical knowledge, analysis and solutions gained by individuals. 사진 확인하기
KUBS MBA Holds Graduation Ceremony for Fall 2018
KUBS MBA Holds Graduation Ceremony for Fall 2018 The graduation ceremony for KUBS MBA (Dean=Jae Wook Kim) was held at the Supex Hall of LG-POSCO Building at 3 pm on August 16. Attending the event were Jae Wook Kim (Dean of KUBS), Weon Sang Yoo (Vice Dean of KUBS MBA), and other faculty members. Graduates filled the venue with graduation gowns and master's caps. In total, there were 60 graduates majoring in three majors: Global MBA, Global MIM, and Korea MBA. After some opening remarks, Professor Yoo said: "KUBS MBA is selected as the best MBA program in Korea by Hankyung Business.” He then talked about the remarkable achievements of KUBS MBA, which opened in 1963 for the first time in Korea. "I sincerely congratulate all 60 graduates," Professor Kim said at the ceremony. "I hope you will be proud of having completed the rigorous course of KUBS during the past year. The global economic situation is not good, but based on your experience here, I hope you could create an opportunity to grow further.” “You are the most important asset of KUBS," he said. "KUBS will always wait for you to come back and share your experiences in the future." After the ceremony, the degrees and academic prizes were given. The President’s Award was given to Anika Niemann (Global MBA), and the Dean’s Award was given to Chung-Hoon James Choo (Global MBA), and the Achievement Award to Kim Hyo-young, Park Minhee, Park Sang Min, Yoo Joonwoo, Alexander Charles Wirtz (Global MBA), and Julia Johanna Schmit (Global MIM). All those who attended the event showed their affection for the school by singing the school anthem at the end. Graduates also got up from their seat and threw their master's caps together in the air to celebrate each other. The number of recipients of this year's degree was 41 Global MBA students, 12 Global MIM students, and seven Korea MBA students. 사진 확인하기
Advanced Management Program (AMP) 86th Generation Course Completion Ceremony
Advanced Management Program (AMP) 86th Generation Course Completion Ceremony Korea University Business School Advanced Management Program (hereinbelow AMP) 86th generation course completion ceremony was held on August 12 (Mon) in LG-POSCO Building SUPEX HALL. In this ceremony, KUBS President Jae Wook Kim, KUBS Vice President Weon Sang Yoo, President of AMP Alumni Association Moon-Chan Kim, KUBS Academic Director Bo Kyung Bae, honored guests and about 70 students who completed the course attended. For the first step, President Jae Wook Kim read congratulatory message. President Jae Wook Kim said, “It’s hard to believe that all of you are graduating this fast. I hope you've learned a lot about how your knowledge as a leader can be combined with and applied to the knowledge you've learned in school. I hope you continue your close network with your friends around you, and I ask for your continued attention towards KUBS." As next step President of AMP Alumni Association Moon-Chan Kim congratulated AMP graduates. He said, “Although it might have been tough to work in daytime and study on nighttime, I am very sure that you have learned a lot. I hope our graduates to maintain their love towards our school motto: Liberty, Justice, Truth, and support Alumni Association as well.” Academic Director Bo Kyung Bae’s gratification speech followed. She said, “AMP 87th Generation has a very special meaning to me because this was my first semester in KUBS. Now it is over, but it is also another start. I hope you can improve your knowledge through active networks and communication.” Choong Sub Lim, President of AMP 87th Generation, gave his speech in reply. He said, “We, the 87th generation, became a family by going through the AMP course. We will thrive to become good role models for the next generation through alumni activities.” KUBS President Jae Wook Kim handed out the graduation certificate to the student representative, which was followed by awarding ceremony to graduates. Choong Sub Lim, who participated most actively in Alumni Association was awarded President award, and other ten alumni received achievement award, while other five alumni received an exemplary award. Meanwhile, students who actively and sincerely participated in the program were awarded summa cum laude and cum laude. As for the special prize, class #3 won the "Best Class Award," which is awarded to the class that has formed a more cohesive human network through high participation and active social networking. President of AMP Alumni Association, Moon-Chan Kim, presented the plaque of merit to the Choong Sub Lim, president of AMP 87th generation, and Young Hyun Yeo, the secretary-general, which was followed by a ceremony to deliver admission fees and the alumni association flag. After the 87th generation Association delivered a scholarship of 10 million won to the school, the whole ceremony ended with all of the students throwing their bachelor's caps into the sky. Korea University AMP has produced 4,718 graduates until now for past 44 years, and after the graduation, many alumni actively participate in school works, enhancing the AMP reputation.
Choi Yoon-Joon (Admitted '17, KUBS) Wins the Top Prize in the Real Estate 114 Big Data Contest
Choi Yoon-Joon (Admitted '17, KUBS) Wins the Top Prize in the Real Estate 114 Big Data Contest Choi Yoon-Joon (Admitted '17, KUBS) won the top prize in the "Big Data Contest" hosted by Real Estate 114 on the occasion of its 20th anniversary. A contest for undergraduates and graduates nationwide, a total of 199 teams applied, and 54 of them submitted their projects, with one team winning the grand prize, one team winning the top prize, and three teams for excellence. The main competition and awards ceremony was held on May 29th at the Pangyo Startup Campus in Seongnam, Gyeonggi Province. Winner's Interview 최우수상 수상의 최윤준(경영17) 학우 1. You've presented on the topic of "Real Estate Price Trend Forecasting Model Using Machine Learning." Could you please elaborate on your topic? We've created a model that can literally predict the trend of real estate prices by using machine learning. By combining REPS 3.0, a data platform that was provided by Real Estate 114, with the macroeconomic indicators provided by the National Statistical Portal or the Bank of Korea's Economic Statistics System, we predicted the trend of real estate prices in almost every region, including Seoul, Gyeonggi, Incheon, Busan, North Gyeongsang, South Gyeongsang, and Jeju. Machine learning techniques such as Support Vector Machine, Linear Discriminal Analysis, Random Forest, and Artificial Neural Network were used as predictive methods. To give you a specific description of the method we used, we first divided the price change rate data that we wanted to predict into three classes: sUp, Up, and Down. Next, through a graph analysis, we determined whether each column (LTV, DTI, consumer price inflation, turnover, supply, etc.) and class was correlated or not, and only the columns that were significant to the prediction were selected. We used machine learning techniques such as Supervisor Machine, Linear Discriminal Analysis, Random Forest, and Artificative Neural Network to predict whether each of these points belongs to sUP, Up, or Down. Finally, we created the error sequence and ROC Curve to measure the accuracy of the prediction and determine whether the analysis results were significant. 2. Please tell us how you feel about winning the award and some tips for winning. The biggest force for winning is understanding big data, developing insights, and learning data visualization and machine learning techniques through a course called "Basics of Big Data Analysis and Interpretation" by Professor Jung Howon. Based on what I learned from the professor, I was able to participate in many competitions. Also, when I was looking for information on real estate competitions, I was able to get the necessary data without wandering around because I asked Professor Kim Jae-wook for advice. With the help of our professors, we were able to produce analysis reports that included both data and techniques. Not only did we have a solid report, but also with previous experience of winning two awards, we provided a smooth delivery of the analysis. I believe that is why we were able to receive an award. I had been worrying if I could do well in studying big data, but this contest was a very meaningful event because I could yield results that helped relieve my anxiety. I was able to gain the confidence to participate in other competitions without hesitation by continuing to study this field.
KUBS MBA Admission Guide for Fall 2019
KUBS MBA Admission Guide for Fall 2019 In 1963, for the first time in the country, Graduate School of Business was launched in Korea University to train professional managers. It was converted to an MBA program in September 2006 and has since continued its ‘first and best’ reputation in Korea. KUBS MBA, the nation's top MBA program, will recruit new students for the second half of 2019. New students will be recruited in three programs: Executive MBA, Korea MBA and Finance MBA. Applications will be available online from September 26th to October 25th, 5:00 pm. Information sessions for prospective applicants will be held accordingly. The session for Korea MBA program will be at 7:30 pm on September 18th, followed by Finance MBA program at 7:30 pm on September 20th, and Executive MBA program at 7:30 pm on September 24th. It will consist of an introduction to KUBS and each program, Q&A and a campus tour. A program for managers and executives with more than 10 years of experience, the Executive MBA program will be on weekends (Friday-Saturday) and will last for two years. As it consists of CEOs and executives representing each field, two professors and a full-time program manager will help any academic affairs. Exclusive classrooms and lounges will also be provided. In particular, KUBS Executive MBA ranked 38th in the "100 Executive MBA Rankings in the World" by Financial Times (UK) in 2018, maintaining the country's No. 1 throne for the eighth consecutive year while competing proudly with other global MBA programs. Admission is open for around 55 students. (Admission Inquiries: 02-3290-2705/5365) Executive MBA Admission Guide Korea MBA, which boasts the long tradition of KUBS and the best human network, is a two-year part-time program for office workers, with classes taking place in the evening. Aiming to foster an international level of managers specialized in Korean companies, it actively researches and develops business cases for managerial innovation in Korean companies. Each year, about 190 students are selected through a rigorous selection process. Korea MBA program will offer learning opportunities for eight majors including HR, Accounting, Finance, Marketing, LSOM, MIS, International Management and Strategic Management, with self-organized alumni association and student clubs in various fields. (Admission Inquiries: 02-3290-1360/5365) Korea MBA Admission Guide Finance MBA program which fosters professionals in finance is a two-year part-time program that trains specialized expertise in finance including general theories of business. The basic theories on finance will be taught by KUBS professors, and practical subjects such as asset management, financial engineering and insurance will be taught by working-level experts in the industry, so that they can be used directly in the field of business. In particular, in line with the rapidly changing environment with the development of information technology, KUBS also provides courses on programming subjects (R and Python) or Big Data/Machine Learning. Admission is open for about 35 students. (Admission Inquiries: 02-3290-1308/5365) Finance MBA Admission Guide
Award Ceremony for Best English Papers of Spring 2019
Award Ceremony for Best English Papers of Spring 2019 The Best English Thesis Award for the first semester of the year, hosted by the Department of Business Administration and International Management at Korea University Graduate School, was held at 2 p.m. on August 9 at the Associate Dean's office at the KUBS Main Hall. Kim Baeho, Associate Dean for Research, and four winners attended the award ceremony. The selection committee selected the best papers after screening the recommended papers from five majors: marketing, international management, management, LSOM, and finance. The winners included Yoon Seok-chae (Marketing Master's Program), Kim Ki-Hyun (Ph.D. in International Management), Park Sang-beom (Ph.D. in Management), Lee Sang-jun (Ph.D. in LSOM), and Lee Woong-ki (Finance M.A and Ph.D. Integration Program), each with 300,000 won in scholarship. Vice President Kim Baeho congratulated the winners by delivering the prize. Kim said, "It is very meaningful to receive an award for a dissertation that you put so much effort in," and delivered a congratulatory message saying, "I sincerely congratulate you on winning the award."
The 9th KUBS Youth Mentoring Day Held Successfully
The 9th KUBS Youth Mentoring Day Held Successfull The 9th KUBS Youth Mentoring Day was held on July 27th at the Korea University, Seoul Campus. The Youth Mentoring Day, organized and hosted by the KUBS Public Relations Office, KUBE and 10 student mentors, welcomed 100 high school students from all over the country who want to study business administration in college. "College life is about experiencing things that you didn't know before," said Jae Wook Kim, Dean of KUBS. “I hope you experience college life today as much as you want.” First, the student ambassadors, KUBE, introduced campus life and seven majors in KUBS, providing high school students with basic knowledge of business administration. In Q&A sessions, Joong Hyuk Kim, Associate Dean for Faculty and Academic Affairs, answered some questions about KUBS. And then students toured around the school campus, carried out some missions and wrapped up the morning program. The afternoon program began with a special lecture by Joonmahn Lee. Professor Lee gave a special lecture on business administration at the level of high school students. In the next two-hour session, students were asked to build a strategy using 4P and maximize the value of a company. Students seriously discussed what decisions they would make if they were a manager of a company. After the session, participants had a mentoring session with a KUBS student. During the session, various questions were asked, including how to get into KUBS, test scores and school activities for examples, as well as questions about college life in general. "I want to thank you for keeping up with our program till the end," said Seok-hyun Kong (KUBS ’18), a member of KUBE. "I'll wait for the day to see you guys again at KUBS." Participants wrapped up the event by leaving messages to each other on a sheet of paper. KUBS Youth Mentoring Day is held for first and second graders of high school every summer and winter vacation. Application for participation can be made at the KUBS website during the application period. <제9회 청소년 멘토링데이> 사진 확인하기
Three days of Startup Essential Training
Three days of Startup Essential Training A "Startup Essential Education" was held on July 23th (Tuesday) and 25th (Thursday) at Room 303 of Hyundai Motor Hall for the tenants of the Iljin Center for Startup Incubation. Professor Kim Hicheon and 10 other lecturers gave special lectures, with about 20 students attending. First, Professor Kim Hicheon began the lecture by advising start-up station tenants. While introducing the CEOs of Naver, NC Soft and Nexon, Kim said, "It is my dream that alumni of our startup stations will grow into such successful cases," and "You will succeed because the market is bigger than 20 years ago, there is full support from KUBS, and you all have excellent intellectual skills." Professor Moon Jungbien then gave a lecture on social values and the spirit of entrepreneurship. Professor Yoo Shijin explained about insights on the startup market, while Professor Nam Daeil talked about successful start-up business models. Professor Shin Myung-chul gave a lecture on "VC Clinical Session," while Professor Chung Jaeho talked about "Startup Way: What We Found in Growing Startups." On the second and third days, the education was centered on practice. Kim Shin-il, a tax accountant (Seongbuk Tax Office), Lee Juhan, a lawyer, (legal support group for Startups), and Tae Won-seok, CEO of Cosmetheus (ChuChu, third generation) gave special lectures on corporate establishment, accounting and tax practices, digital marketing, contract preparation, and patent practice. As the last speaker, CEO Kim Yoon-hwan of Talling delivered a lecture on "The Growth Story of Seniors of KUBS" and wrapped up the three-day Startup Essential education.
2019 Finance MBA Homecoming Day, Precious time of F-MBA students who found home of heart
2019 Finance MBA Homecoming Day Precious time of F-MBA students who found home of heart KUBS Finance MBA (hereinbelow F-MBA) homecoming day for the first half of 2019 was held at 3rd floor buffet of Sudang Samyang Faculty House on June 26th. About 60 people attended the ceremony, including professor Weon Sang Yoo, professor Na Hyun Seung, professor Kim Dongcheol, professor Kim Chang Ki, professor SOHN BUMJEAN, and professor Joon Ho Hwang. "We are trying to make various changes and innovations in order to develop the F-MBA program. More advice, reprimands and opinions from everyone will definitely help F-MBA to become the best place for raising financial experts,” said professor Na Hyun Seung in his greetings. Professor Weon Sang Yoo added, "There is a lyric that Korea University is the home of the heart in the Korea University song.” "I want you to have a good time and feel comfortable as you are at home. KUBS will strive to show progress so that all of you can feel proud of your school. " F-MBA students also responded with high expectations. "I am glad to see familiar faces again through the homecoming day," said Jeon Hoon (F-MBA 7th). "I wish everyone had a good time today." After the dinner, giveaway event was held. Finally, the participants gathered together to take group pictures and enjoyed time to socialize. The F-MBA holds a homecoming day every year to provide time for graduated students and attending students to interact and socialize. 사진 확인하기
CEOS of the 500 Largest Companies: Korea University as the Largest Academic Network
CEOS of the 500 Largest Companies: Korea University as the Largest Academic Network Korea University Business School (Dean= Kim Jaewook) has the largest number of CEOs in the top 500 companies. According to a survey conducted by a corporation evaluation website CEOScore, (CEO=Park Jugeun) on July 10 in which 676 CEOs from the 495 companies out of the top 500 companies were examined, Korea University Business School produced 28 CEOs, accounting for 5.1 percent of the total number. In the survey, 23.3 percent of the total was business administration majors, and only Korea University Business School surpassed 5 percent out of other business schools. On the ranking based on single departments of universities, 28 students were from Korea University Business School, followed by the Business Administration department at Seoul National University (4.6 percent and 25 people), Chemistry and Chemical Engineering at Seoul National University (2.9 percent and 16 people), Business Administration at Yonsei University (2.8 percent and 15 people), and Economics at Seoul National University (2.6 percent and 14 people). Furthermore, the number of people who graduated from 'SKY' Universities amounted to 241 people, accounting for 42.6 percent. Out of the total number, Korea University produced 64 people, or 11.3 percent, which ranked second in the overall university rankings, but Korea University Business School ranked first in terms of a single department of a university. Related News [CEO스코어데일리 ] 500대 기업 CEO, 'SKY' 42.6%…최대학맥은 고대 경영학 [SBS] 대기업 CEO 10명 중 4명 '스카이' 출신…최대 학맥은 고대 경영 [중앙일보] 500대 기업 CEO 이력 분석…가장 많은 출신 대학·전공은? [조선일보] 대기업 CEO 10명 중 4명은 SKY…'고대경영' 최대학맥 부상 [서울경제] 대기업 CEO 10명 중 4명 '스카이' 출신…가장 많은 출신 대학은 [헤럴드경제] 대기업 CEO 42.6% '스카이' 출신…'고대경영' 가장 많아 [아주경제] 대기업 CEO 10명중 4명 '스카이' 출신…최대 학맥은 고대경영 [서울파이낸스] 대기업 CEO 10명 중 4명 'SKY'···고대 경영 최대 학맥 부상 [이데일리] 대기업 CEO 10명중 4명은 ‘SKY’..‘고려대 경영학’ 가장 많아 [연합뉴스] 국내 500대 기업 CEO 출신학교 현황 '톱10' [이투데이] 대기업 CEO 10명 중 4명 'SKY' 출신 [뉴스웨이] 대기업 CEO 42% ‘스카이’ 출신…고대경영 최다 [뉴시스] 500대 기업 CEO, 'SKY' 42.6%…최대학맥은 고대 경영학
CPA Mentoring Seminar, the best support for young generation
CPA Mentoring Seminar, the best support for young generation On July 9th (Tue), KUBS Career Development Center hosted `CPA Mentoring Seminar’ at Hyundai Motor Hall. The seminar covered student’s live questions and inquiries about KICPA (Korean Institute of Certified Public Accountant) exam and the businesses of the accounting firm. Two currently active CPAs, Daehoon Kim (KPMG, KUBS06) and Jinhyung Kim (Deloitte, KUBS07), participated in the seminar to give a generous advice to undergraduates who have interests in becoming an accountant. Seminar went through the two separated sessions, in order to distribute the topic of the Q&As. The first session covered the questions about preparing the CPA exam, and the second half was made up of the inquiries in accountant’s jobs and tasks at the business scene. At first, Jinhyung Kim pointed out his past motivation for the CPA exam, explaining as “After the military service period, I have begun to find my own strength, not depending on the college education’s name value. Therefore, I decided to prepare CPA exam that I can guarantee my own expertise in market and my future income stability”. About the exam, Daehoon Kim shared his study know-how and experience, saying “I began studying from summer vacation period and considered the first-time exam as a practice, then I made a short-term objective to enter into Jungjincho (KUBS CPA-exam group). To mitigate the anxiety, I didn’t throw the practice sheets away and stored them. Also, I recorded my studying hours respectively per exam subjects. In addition, I searched for the online courses which exactly match my own learning style. My preparation period began relatively earlier than others since I started studying at the beginning of my military service period. Also, I believe that planning a strategic studying schedule rather than hastening myself to achieve an early success was the major source to win the exam”. In the next session, two speakers provided information of CPA’s career, after getting the license. Jinhyung Kim explained, “There are 3 divisions in an accounting firm. Basically there are Auditory division, FA division which handles M&A businesses and real estate value estimations and finally the Tax division that manages tax investigation issues and tax affairs”. Daehoon Kim replied on the question asking about CPA’s high rate of job transfer, saying “In my opinion, it is better to stay at accounting firm if you have anything left to learn about the business. Considering the successful transfer cases that I know, people leave the office when they start thinking ‘Now I don’t have any learning points in the firm’”. One student asked about the general outlook of CPA as a job, and Jinhyung Kim answered “Honestly it is a saturated market. It is certain that CPA’s job market can’t elude from getting rigidity while the Korean economy shows negative trend of growth. It is quite definite that CPA’s job market following the macro-economic index”. Daehoon Kim commented “But since accounting and taxation market are not really dynamic compared to other sectors, the market will keep its stability in a good momentum”. The seminar took over two hours, CPA mentors sincerely sharing their wide range of experiences and knowledges for the undergraduate mentees. The event was successfully ended with Daehoon Kim’s remark, saying “I feel honored coming to campus and to meet those undergraduate students who have huge potentials. I hope this seminar helps their exam preparation and career growth”.
Public Officer Qualification Exam Mentoring Seminar Held for Junior Mentees
Public Officer Qualification Exam Mentoring Seminar Held for Junior Mentees Korea University Business School (Dean=Kim Jae Wook) Career Hub held the ‘Public Officer Qualification Exam Mentoring Seminar’ at Hyundai Motor Hall on Tuesday, July 2. This seminar was the first seminar, where attendees mainly talked about how to prepare for the public officer qualification exam. In this day's event, three mentors of Choi Yoon-seok (KUBS 00), Lee Seung-hoon (KUBS 05) and Oh Dong-eun (KUBS 11) who passed the exam gave their generous advice to the audience. In Part 1, mentors talked about how to prepare for the exam. In response to a question asking about how he first decided to prepare for the exam, Oh, who works for the Office of State Coordination, said, "I had great interest in enterprise activities," and went on saying, “Government policy has huge impact on enterprise activities, so I hoped to engage in such a meaningful job by becoming a public officer." One student questioned “How can we get most out of school lectures?”. Oh replied, "Lectures can be helpful to find out what type of subject they are. Micro and macroeconomics lectures, as well as administrative law lecture were very helpful in preparing for the exam." Choi, who works at the Ministry of Commerce, Industry and Energy, replied to a question asking about his experience in ‘Exam preparation class (Takmajung)’. He said, "I have received immense help from my classmates during my hard times. Those who graduated Takmajung are currently working in various departments, and this also helps me in work. In Part 2, mentors shared their own stories related to work experience. "In fact, almost all the ministries are located in Sejong city, so advantages and disadvantages coexist,” replied Oh, according to the question about his current job satisfaction. He also added, "There is merit in that there are well-organized systems such as parental leave, I think.” When asked about the work environment, Choi said, "The working environment and job satisfaction depends on which ministry you work at." He went on saying, “We usually do business related to law revision and budget, and also cooperate with other departments to prepare countermeasures for various issues." The seminar, which lasted for nearly two hours, was filled with useful preparation tips and practical information about work experience. The three mentors said, "We wish you a good luck in your exams.”
2019-2 KUBS Outbound-Exchange Students Information Session Held
2019-2 KUBS Outbound-Exchange Students Information Session Hel 2019-2 KUBS Outbound Exchange Students Information Session was held on June 21 (Fri) at 6:00 pm in HM B307. The contents were △Preparations before departure and return △Application for credit acknowledgement △Q&A session. Before departure, exchange students must report their departure through submitting a departure notification form on the outbound-exchange students information session date, a letter of commitment, a parental consent form, and submit a copy of the student's insurance certificate. In addition, the student will officially be recognized as an exchange student only when the tuition fee is paid in full during the semester's tuition payment period, and it is their duty to confirm their exchange student status at KUPID (Portal). After arrival, students must report their arrival to the KUBS International Office exchange program coordinator via e-mail with their residence address, residence telephone number, contact information, and ‘Notice of Arrival Form’. Students must also attend the local orientation and make an entry declaration to the foreign exchange university. Guidance for preparation before and after ‘departure’ was followed by guidance for preparations before and after ‘returning’. Students must visit the relevant department of the foreign exchange university and make a request to send the official report card to the KUBS International Office before leaving. In addition, students must obtain the syllabus with weekly lecture plans and the number of the lecture hours and must complete the settlement of the dormitory and the account safely. After returning, students must apply for acknowledgement of credits. Immediately after returning, students should visit the International Office, fill out the return notification form and feedback & experience form, and submit the application for foreign exchange university credits, original report card, e-mail report paper, and syllabus. The document format is included in the outbound-exchange student information session reference materials. 공지사항 확인하기
Korea University Business School Produces the Largest Number of "2019 CEOs of Korea."
Korea University Business School Produces the Largest Number of "2019 CEOs of Korea." KUBS (Dean=Kim Jae Wook) has been selected as the single largest university and department with the highest number of CEOs in Korea. In the "2019 CEO of Korea's 100 largest companies," released by Hankyung Business Review, KUBS produced the largest number of CEOs in Korea based on the criterion of a single university and department. Of the top 100 CEOs, a total of 34 majored in business administration, with 11 from Korea University's business school. The ranking was followed by six business administration majors from Yonsei University and five from Seoul National University. The top 100 CEOs in Korea who graduated from Korea University include GS Chairman Huh Chang-soo (Admitted in ‘67), Hyundai Marine Vice Chairman Lee Chul-young (Admitted in ‘71), LS Group Chairman Koo Ja-yeol (Admitted in ‘72), S&I Corporation President Lee Dong-yeol (Admitted in ‘76), Samsung C&T Corporation President Lee Young-ho (Admitted in ‘78), CJ Industrial CEO Kang Shin-ho (Admitted in ‘81), Doosan Group CEO Park Jungwon (Admitted in ‘81), SK Telecom CEO Park Jungho (Admitted in ‘82), Korea Investment Holdings Inc. Vice President Kim Namgu (Admitted in ‘83), and SK Chemicals CEO Na Kyungsu (Admitted in ‘84). The majors with the most top 100 CEOs after business administration were as follows: economics (9), chemical engineering (6), law (5), and electronics (5). Related news [HK Business] ‘1957 CEO’ Power maintains…The youngest president 'Gwangmo Koo'
Yoohee Kim (KUBS15), Doyoung Ahn(KUBS15) and Sunhyung Yoo (KUBS15) wins the “Research Challenge Competition” hosted by Korea Investment & Securities Co., LTD.
Yoohee Kim (KUBS15), Doyoung Ahn(KUBS15) and Sunhyung Yoo (KUBS15) wins the “Research Challenge Competition” hosted by Korea Investment & Securities Co., LTD. We have a good news that three KUBS undergraduates, Yoohee Kim(KUBS15), Doyoung Kim(KUBS15) and Sunhyung Yoo(KUBS15) have received the top awards from the “Research Challenge Competition” hosted by one of the largest Korean financial institution, Korea Investment & Securities Co., LTD (“The Institution”). The Institution targets to discover the new, promising financial analysts in the campus via “Research Challenge Competition” and to support their future growth. The competition was successfully operated as a second-time opening following the last year, gathering 151 challengers (the number increased by 48% compared to 2018) The award ceremony was held on June 13th (Thu), at Korea Investment & Securities Co’s headquarter located in Yeoi-do. Based on the direct evaluation by senior analysts from the institution, the awards were given to 4 teams (8 people) and one individual who made the out-performing final report and the presentation. All 9 winners get an option to apply in the institution’s internship (permanent transfer type) in second half of 2019. After finishing the internship with an extraordinary result, they may choose to take the final interview to become a permanent employee of the firm. Interview with Awarde 대상 수상의 김유희(경영15), 안도영(경영15) 1. Why did your team choose Korean Air as a research subject? KIS research challenge is a presentation competition covering the business analysis & investment strategy. For business analysis part, 3 corporate options were given to the team, and each team may choose its firm to take a research on. We decided to choose Korean Air since we thought that it might be the best option to collect the most recent data and make the firm’s future earnings expectation. Considering other two corporates, Netmarble and Amorepacific, weren’t good enough to build up a logical research strategy given the limitations in sourcing the data. We wrote the report by organizing the data of Korean Air’s international skyline sales growth, in order to focus on the fundamentals rather than the short-term issues. 2. Please leave us your comment on receiving the award. And please let us know the secret of your winning mentality. Both of us actively participated in RISK, the value stock research group in KUBS and we are used to doing research on diverse topics of various corporates. Plus, we had time advantages since both of us were on temporary absence on school. We did daily meeting in April, never missed a day structuring the analysis flow, collecting and sourcing the data. Especially, the reason we achieved extra high points on creativity score at the final decision, will be because of our hard work on discovering our own perspective on the Korean Air’s earnings trend. For the further analysis on the financial state and valuation, we approached via regional, RPK and yield calculation and those supported our research a lot. It was a highly rewarding experience, accomplishing what we have targeted, and the output is so sweet. (우)금상 수상의 유선형(경영15) 1. Please specify the details of your research contents. I made a business analysis report of the firm ‘Korean Air’. The main factors that we considered while picking up the subject were; 1) the importance of macro analysis such as commodity price, FX, rates considering the key features of airline industry 2) opportunity to make an in-depth analysis on the new finance & accounting issue “IFRS 16”. Therefore, we tried to expand the conventional research pools such as basic valuation methods into wider dimension, so that we can get an alpha score on our research. Furthermore, the competitor firm Asiana’s issue or Hanjin Kal related news were also became our interest point preparing the final report. 2. Please leave us your comment on receiving the award. We physically lived in Anam, Seoul but spent time in Paris (worked overnight) everyday, spending most of our days in 24 hours café around the campus. It was pretty hard challenge but rewardable as we have put a lot of effort into it. For me, the reward has an extra significance since I’ve developed myself a lot in RISK in recent one and a half year. At the first time I joined RISK, I had zero information in `Stock’ or ‘Equity’, but I suddenly became a team head and vice president of RISK, finally paving a way to become a winning analyst of KIS challenge. I would like to appreciate all of my team members making greatest works for this competition, and every RISK member who gave us bunch of mental & physical support. Thank you all again!
Ceremony for 2019 Summer KUBS Global Internship
Ceremony for 2019 Summer KUBS Global Internship The ceremony for 2019 Summer KUBS Global Internship was held at Hyundai Motor Hall on June 21. A total of 18 students will be dispatched to companies outside of Korea this summer including LG Electronics Spain, LG Electronics Indonesia, Young Steel and Saudi Aramco. At the ceremony, a various kind of education was provided including a special lecture by KUBS graduate, an information session about the program and gender equality, to help students excel in those companies. First of all, there was a special lecture on work etiquette and attitude by Lee Ki-chang (KUBS ’94), CEO of Nemo Partners China. "This internship could be an opportunity to change your life," said Lee. "I hope you could think seriously about it.” Lee’s lecture was filled with students’ questions and answers. Lee also explained basic work etiquette dealing with cultural differences and dress code. "As a KUBS student, I hope you could learn a lot from this opportunity without wasting them in vain," Lee said. "It is also very good to make local friends if possible." The ceremony was followed by an information session about departure arrangements, punctuality in workplace, work attitude, and things to notice when sending an e-mail. Then, an information session about gender equality was conducted by Roh Jung-min, Head of KU Center for Gender Equality. "There have been cases in which students suffered through harassment because they did not know they could be protected by the school even if they were outside of Korea, " said Roh. "Also, there were some cases that students did not report harassment because they were afraid that it could be reflected in their scores," Roh said. "I hope you can communicate with the school quickly in the event of any harassment.”
Special Lecture on Research Ethics and Graduate School of Business Meeting
Special Lecture on Research Ethics and Graduate School of Business Meeting On June 7th, the Special Lecture on Research Ethics and the Graduate School of Business Meeting of the first semester of the 2019 academic year was held at B205 of Hyundai Motor Building. About 60 graduate students attended. The Special Lecture on Research Ethics was given by Nam Hyung-doo, a professor at the Yonsei University Law School, under the theme of "Honest Writing Free from Plagiarism." "Plagiarism is technically different from the copyright law," Professor Nam Hyung-doo said. "To understand plagiarism, we have to distinguish it from the copyright law." As for the concept ‘paraphrasing,’ He said, "this is a type of 'plagiarism' that does not violate the copyright law, but what will be criticized ethically." "Thus, plagiarism is a concept that includes elements of copyright infringement and ethical criticism. There can be no homage in academia," Professor Nam added. "When you bring in someone else's opinion, you must state the source honestly," he emphasized. The meeting was followed by Kim Baeho, Associate Dean for Research. He briefly explained about Graduate School requirements for graduation, thesis issues, and the BK21 Plus Business. Kim concluded the meeting by encouraging graduate students to study, saying, "There will be many times when it is hard to keep going," and added, "even so, it is research that creates the possibility of making a big difference in the future with one's small idea."