• KUBS Startup Institute: 2017 Startup Express - Winter Season
    KUBS Startup Institute: 2017 Startup Exp
  • KUBS EMBA Ranks 20th Worldwide in FT Executive MBA Ranking 2017
    KUBS EMBA Ranked 20th in FT Ranking

    The British newspaper, Financial Times (FT), has released the “2016 Top 100 Executive MBA (EMBA) Rankings” on October 17 (Mon). 

    According to the “2016 Top 100 EMBA Rankings,” released by FT, Korea University Business School’s EMBA moved up three places to No. 24 this year, only with its single-school program. Northwestern University: Kellogg tied for 24th place with Korea University.

     
  • KU Achieved the Highest Pass Rate on the 52nd CPA Exam for Two Consecutive Years
    KU, Highest Pass Rate on 52nd CPA Exam
  • KU MBA is No. 1 for 5 Consecutive Years
    KU MBA is No. 1 for 5 Consecutive Years
  • KUBS Futurum 2017 Asia Tri-lateral Seminar Successfully Launched
    2017 Asia Tri-lateral Seminar Launched
“CHOO CHOO DAY” by KUBS Startup Institute to Be Held
“CHOO CHOO DAY” by KUBS Startup Institute to Be Held A demo day helps startups grow globally…Sharing performances of 7 KUBS startups which have been incubated for 6 months.   Korea University Business School (KUBS; Dean=Professor Soo Young Kwon) will hold the Fall 2017 CHOO CHOO DAY on Friday, November 3 at LG-POSCO Building. The CHOO CHOO DAY is hosted by Korea University Business School and supervised by KUBS Startup Institute (Director=Professor Hicheon Kim). The event is a demo day that allows KUBS startup teams to demonstrate their performances in front of investors and industry insiders. KUBS startup teams went through a training program and have been incubated at KUBS Startup Station, which is a startup incubation platform, for the past six months.       A total of seven KUBS startup teams will participate in the CHOO CHOO DAY: ①“Stipop,” providing an open platform for emoticons, ②“Linder,” running calendar subscription services, ③“Toad,” providing smart expense curation services, ④”SOVS,” a camera app specialized in composition by silhouette, ⑤”Miro,” providing one-stop dermatologic clinic matching services, ⑥”Soulgit,” a global mobile casual game publisher based on advertisement, ⑦”Poppet,” a pet IoT company.   The teams incubated at KUBS Startup Station were selected through the 2017 Startup Express. Prior to the competition, only ten percent of total applicants passed the application screening stage and interview. Each team was granted a budget for operation expenses of up to 5,000,000 won. They also received an office space, available on the second floor of Iljin Center for Startup Incubation, and networking, advertising, and marketing services for free. The companies that signed an MOU with KUBS, such as △Kim & Chang (law firm), △PwC (accounting firm), △Amazon Web Service, and △Y Crowdfunding, provided practical business support for the startup teams. “KUBS strives to bring a win-win situation for the KUBS startup teams,” said Professor Kim, who is the Director of KUBS Startup Institute. “I hope the startup teams can successfully debut in Korea and the world through the CHOO CHOO DAY. At the same time, our institute will continue to make a contribution to a startup ecosystem.” The 2017 CHOO CHOO DAY is open to anyone who is interested in startups. To register for the event, visit onoffmix.com/event/115984.   Click here to register    KUBS Startup Station Established under Korea University Business School Startup Institute, KUBS Startup Station is a “Platform for Inspiring Innovation & Entrepreneurship.” It is a space where future entrepreneurs who have gathered from diverse backgrounds with interest in the startup business achieve innovation by sharing and cooperation. The KUBS Startup Station comprises “Iljin Center for Startup Incubation” and “Seung Myung-Ho Center for Entrepreneurship Education.” KUBS startup teams are selected through annually held “Startup Express.” A group of mentors made up of members from KUBS faculty, entrepreneurs, and industry experts provides support and advisory services to startup teams. Startup education, such as Startup Lecture Series inviting guest speakers from various fields, is offered as well (website: https://www.startupstation.kr/?lang=en).
Oct 25, 2017
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Korea University’s MBA Admissions Open for Spring 2018
Korea University’s MBA Admissions Open for Spring 2018   Korea University Business School (Dean=Professor Soo Young Kwon) is now accepting applications for Spring 2018 MBA admissions. Three MBA programs that admit new students are △Korea MBA, △Executive MBA, and △Finance MBA.     Korea MBA (KMBA) is a two-year, evening MBA program designed for the best working professionals in Korea and requires 45 credit hours of coursework. As the program runs in spring and fall semesters, it is ideal for professionals who work full time and want to earn an MBA degree. KMBA offers specialized majors such as Organization, Accounting, Finance, Marketing, LSOM, MIS, International Business, and Strategy. The application deadline for KMBA is October 25 (Wed) at 17:00. The MBA Admissions Board’s decision will be released on December 8 (Fri) at 15:00.   Executive MBA (EMBA), designed to serve senior executive with a minimum of 10 years of significant professional experience, is a two-year weekend program (Fridays and Saturdays). While two program directors will be assigned to help students with their coursework, EMBA offers superb educational services including exclusive use of MBA classrooms and lounges. On the top of that, EMBA competes on the world stage. In fact, the program was ranked 24th in the 2016 World’s Top 100 Executive MBA Rankings, announced by Financial Times in the United Kingdom. The application deadline for EMBA is October 27 (Fri) at 17:00. The Admissions Board’s decision will be released on November 15 (Wed) at 15:00.   Finance MBA (FMBA) aims to foster financial leaders who will lead the Korean financial industry. FMBA is a two-year, evening MBA program, and its classes are scheduled to meet two nights a week. Biweekly Saturday classes and summer and winter sessions are available as well. Students can learn finance and management theory from the best faculty in Korea, attend lectures delivered by financial experts from various fields, and pursue its well-balanced curriculum which combines theory and practice. The application deadline for FMBA is October 25 (Wed); 17:00. The Admissions Board’s decision will be released on November 27 (Mon) at 15:00.    On September 20 (Wed), Korea University Business School will host the 2018 Admissions Information Session on the Seoul Campus of Korea University. The EMBA Information Session will be held at 19:00 in Ahn Young Il Hall of LG-POSCO Building while the KMBA Information Session is at 19:20 in SUPEX Hall of LG-POSCO Building. Lastly, the FMBA Information Session is scheduled to be held at 19:00 in room 202 of Hyundai Motor Hall. The admissions information session includes an introduction to KUBS and each program and a Q&A session. MBA admissions for Spring 2018 are available at https://bizapply.korea.ac.kr/en/. Any inquiries regarding admission can be directed to the Administrative Office of MBA Programs at 02-3290-5365.  
Oct 24, 2017
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KU Ranks 71st in 2017 KUBS Worldwide Business Research Rankings…Korea’s only Business School to Be Named in Top 100
Korea University Releases “2017 KUBS Worldwide Business Research Rankings” Analysis on 40,000 publications data from 86 business journals. University of Pennsylvania is ranked 1st followed by Erasmus University Rotterdam (2nd), and University of Michigan at Ann Arbor (3rd)…Korea University moved up three places to sit in 71st, Korea’s only business school to be named in the top 100.   On October 19 (Thu), the Center for Business Research Analytics at Korea University Business School (KUBS; Dean=Professor Soo Young Kwon) released the 2017 KUBS Worldwide Business Research Rankings™ (KUBS Rankings).     This year, the University of Pennsylvania maintained the top spot followed by Erasmus University Rotterdam (2nd) and University of Michigan at Ann Arbor (3rd). Within the Asian region, City University of Hong Kong (5th) and National University of Singapore (6th) placed in the top 10 while Hong Kong Polytechnic University (18th) is ranked in the top 20. Korea University has been ranked as the one and only university in Korea to be named in the top 100. Other Korean universities are ranked as follows: Korea Advanced Institute of Science & Technology (111th), Seoul National University (179th), and Yonsei University (204th). Particularly, Korea University stayed at No. 1 in Korea, placing itself within the top 10 in Asia.     The KUBS Rankings, annually released in autumn, is an evaluation index which indicates the research capabilities and performances of universities worldwide by data analyses on 40,000 publications listed in the 86 distinguished journals. The worldwide rankings are released as an overall index which can be viewed by “Rankings by Area” and “Rankings by Journal”. The areas are divided into seven business research areas of study, including △Accounting, △Finance, △Management, △Management Information System (MIS), △Marketing, △Operations, Management & Management Science (OM/MS), and △International Business (IB) & Strategy. Five years of publication data from 2012 to 2016 have been computed for the 2017 KUBS Worldwide Rankings. The top 300 universities are ranked based on the sum of converted scores, reflecting the number of authors and their affiliations.   Looking at the performances of Korean universities in the 2017 KUBS Rankings, Korea University moved up three places higher from 74th to 71st this year, and KAIST Korea Advanced Institute of Science & Technology soared upward 28 places (139th in 2016). Meanwhile, Seoul National University and Yonsei University showed a drop in the ranking compared to last year.  The KUBS Rankings provides analyses on a wider scope of journals compared to the UTD Top 100 Business School Research Rankings™ (UTD Rankings) which conducts analyses only on 24 distinguished journals. While there is a tendency for the UTD Rankings to show outstanding performance of universities mainly in the United States, the KUBS Rankings strives to have its base on a more practical evaluation standard by conducting analysis on a broader variety of journals so that the top universities in the European region as well as the ones in the Asian Pacific region will not be undervalued.   “In order to secure its reliability, KUBS Ranking evaluates all of the publications listed in the world's renowned business journals by creating a database,” KUBS Dean Soo Young Kwon said. “Through the KUBS Rankings, I hope prestigious business schools around the world can be recognized for their research achievements and also hope this would pave the way for significant progresses in studies of the business field.    For more information about the 2017 KUBS Rankings, visit kubsrankings.korea.ac.kr.    View Related Articles [이데일리] 고려대, 세계 경영대학 랭킹서 71위 선정…국내 유일 100위권 [베리타스알파] 고려대, '2017 KUBS 세계 경영학 리서치 랭킹' 발표 [비즈트리뷴] 고려대, 2017 KUBS 세계 경영학 리서치 세계 71위 차지 [천지일보] 고려대, '2017 KUBS 세계 경영학 리서치 랭킹' 발표 [대학저널] 고려대, '2017 KUBS 세계 경영학 리서치 랭킹' 발표
Oct 19, 2017
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KUBS EMBA Ranks 20th in FT Ranking, No. 1 in Korea for 7 Consecutive Years
The UK Financial Times (FT) Releases Executive MBA Ranking for 2017 KUBS EMBA, ranking 20th in the world, remains the top among the universities in Korea for seven consecutive years   The Korea University Business School (KUBS, Dean=Professor Soo Young Kwon) Executive MBA (EMBA) is ranked 20th in the Executive MBA Ranking 2017 released by the British newspaper Financial Times (FT). According to this year’s ranking by FT, the KUBS EMBA placed 24th worldwide in 2016 and has emerged 20th in 2017, coming in at No. 1 in Korea for seven consecutive years. It is also noteworthy that KUBS has remained high on the list in terms of its 3-year-average ranking, one of indicators that provides a more accurate assessment of a program’s quality in the long term. The average ranking of the KUBS EMBA for the past three year is 24th (27th in 2015, 24th in 2016, and 20th in 2017). The KUBS EMBA outperforms some of the world’s best business schools such as △Columbia Business School (40th), △UCLA: Anderson (48th), and △Cornell University: Johnson (49th). The EMBA jointly delivered by Kellogg and HKUST Business School lead the ranking. In Korea, Yonsei University EMBA came in 43rd. The Financial Times conducts a survey once a year based on alumni’s salary increase and career progress, research rank, international diversity, etc. and finds the top 100. Data for the ranking are annually collected from alumni who graduated in June. The survey begins in the following month, and its ranking is released in October. The KUBS EMBA achieved high scores in the following ranking criteria: △Salary increase, △Career progress, △Aims achieved, and △Faculty with doctorates.   Furthermore, what distinguishes the KUBS EMBA is that it is a single-school program. In the ranking, there are a total of 24 executive MBAs run by Asian universities. Among them, only nine universities, including Korea University, Shanghai Jiao Tong University (6th), Nanyang University (30th), and Chinese University of Hong Kong (32nd), exclusively run their own EMBA programs. The rest of the universities are in partnership with universities in the United Sates, the United Kingdom, or France for their joint programs.   “The FT ranking reaffirmed our global competitiveness and excellence of the program,” said KUBS Dean Soo Young Kwon. “We will continue to support the KUBS EMBA to develop and maintain the title of “the world-class Korea University Business School.”   Korea’s one and only world-class MBA , KUBS Executive MBA   Founded in 2003 as the first Executive MBA program in Korea, Korea University Business School’s Executive MBA program aims to develop creative-minded global CEOs. KUBS EMBA is a 2-year program with lectures conducted on weekends. The program has the best faculty and recruits the best students; applicants must have a minimum of 10 years’ work experience and hold senior management or executive positions, offering an unparalleled environment. Exclusive lecture rooms and a student lounge dedicated for the program’s participants, mostly in executive positions, offer facilities commensurable with their status. Students receive the highest quality of education with two head professors in the program, a full-time program manager, and two teaching assistants dedicated to provide support.   View Related Articles [중앙일보] 고려대 Executive MBA, 영국 FT 선정 랭킹서 20위 [연합뉴스] 고려대, 英 FT 선정 최고경영자 과정 20위…7년 연속 국내1위 [한국경제] 고려대, FT '세계 EMBA 순위' 20위 올라 [서울경제] 고려대 EMBA, FT 평가 세계 20위···7년 연속 국내 1위 [뉴스타운] 고려대 EMBA 세계 20위, 7년 연속 압도적 국내 1위 [베리타스알파] 고려대, EMBA 세계 20위, 7년 연속 국내 1위 [베리타스알파] FT 세계 EMBA ‘순위상승’ 고려대 20위.. ‘국내1위 고수’ [에듀동아] 고려대, EMBA 세계20위, 7년 연속 압도적 국내 1위 [천지일보] 고려대 EMBA 세계 20위, 7년 연속 압도적 국내 1위 [대학저널] 고려대, '英파이낸셜타임즈 EMBA 순위'에서 20위 [메트로신문] 고려대 EMBA 세계 20위, 7년 연속 압도적 국내 1위
Oct 16, 2017
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Applications for Spring 2018 KUBS Graduate Admission Open
Applications for Spring 2018 KUBS Graduate Admission Open The application for Spring 2018 KUBS Graduate Admission will be open soon. The Department of Business Administration, which offers six major areas of specialization (△Management, △MIS, △LSOM, △Marketing, △Finance, and △Accounting), and the Department of International Business will admit new students.   Applicants can apply for Spring 2018 KUBS graduate admission online via Korea University Graduate School's website (https://graduate.korea.ac.kr). Further information is also available on the website. The admissions information session will be held on September 15 (Fri) at 15:00 in room 433 of LG-POSCO Building.   ※ Click the image below to register for the admission information session. The admission process for domestic and international applicants will be conducted separately. The online application period for domestic applicants will be October 10 (Tue) through October 16 (Mon) while international applicants can apply from September 11 (Mon) to September 22 (Fri). In addition, domestic and international applicants are required to submit hard-copy application items by October 18 (Wed) and September 29 (Fri), respectively.   Applications and interview will be reviewed and conducted by an admissions committee of each department. The review period applies to both domestic and international applicants. The application screening process is from November 6 (Mon) to November 10 (Fri), and the interview will be held on November 11 (Sat). After this review process, admission decisions are scheduled to be announced on December 8 (Fri).      Meanwhile, starting Spring 2018, international applicants are required to submit the online application and are invited for interview. However, a decision on whether or not to conduct an interview will made by the admissions committee of each department.
Sep 30, 2017
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KU Achieved Highest Pass Rate on 52nd CPA Exam for 2 Consecutive Years
KU Achieved the Highest Pass Rate on the 52nd CPA Exam for 2 Consecutive Years   On the 52nd Certified Public Accountant (CPA) Examination of 2017, Korea University has recorded the highest pass rate in the country, far outstripping other universities in Korea. This achievement reaffirms KU’s position as the best institute for nurturing certified public accountants, with the highest cumulative numbers for the past six years (2012 – 2017).     According to reports by several accounting firms, KU has produced a total of 97 successful CPA candidates this year, which is the largest among universities in Korea. Yonsei University and Sungkyunkwan University tied for runner-up with 78 successful candidates each. Kyung Hee University (73 successes) came in third followed by Chung-Ang University (70 successes) and Hanyang University (65 successes). Based on the CPA exam results over the last five years, this is the second consecutive year for having a huge gap between first and second place. Although the number of successful CPA candidates has dropped slightly from 118 to 97, KU still produced 20 more than Yonsei University and proved itself as the top performer in the business field. There was a prospect KU would have the most number of successful CPA candidates this year, as it already achieved the highest pass rate with 180 successes in the first CPA exam.   These laudable achievements were made possible by the support of the university. Korea University Business School (KUBS) runs a CPA prep program called “Jeongjincho (精進礎, Advisor=Professor Han Sang Yi) and throws full support behind students studying CPA. Moreover, Jeongjincho offers gathering events with alumni from accounting firms and various lectures. All KU students and graduates are eligible to participate in the events. Meanwhile, a total of 915 candidates passed the 52nd CPA Exam according to the Financial Supervisory Service. Out of 2,898 CPA examinees who took the second CPA exam from June 24 to 25, those who scored 60 or higher in all subjects have been selected as final successful CPA candidates.
Sep 15, 2017
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“People Should Strive to Be Original” – Interview with Dae Youp Kang, New Appointee in Foreign University
Interview with Dae Youp Kang, a New Appointee in a Foreign University “People Should Strive to Be Original”   Alumnus Dae Youp Kang (MIS Major, '16) This September, after having finished his PhD at KUBS, Dae Youp Kang (MIS, Advisor=Professor Anat Zeelim-Hovav) has been appointed a full-time instructor of Business Information and Technology at the University of Memphis, U.S. <KUBS Journal> interviewed Dr. Kang about his journey from the days of embarking on his master’s and PhD to being assigned a position in the university.    Q. Do you have any memorable events while you were doing your PhD at KUBS? A lot happened while I was doing my PhD. Some of the events I remember are when I had to move lab, when I made my first presentation at an academic conference, and when I graduated. Just before graduation, in a foreign academic society, I met Dr. Sung-Yong Um (KUBS master’s, ‘09), my senior and a professor at National University of Singapore, with whom I conducted research. I think this too was a treasurable memory. Q. What did you do to prepare for your dissertation and application for a post at the University of Memphis? To be frank, I had to rush my PhD, so I was not well prepared to apply for a post. I did not have the necessary job market paper, presentation, resume, and research plans for a job talk. Fortunately, I was able to have talks with many well-known universities in the U.S., but I failed to obtain a post. Then, Professor Um reached out to me from National University of Singapore where I became a research associate. On the strength of the research portfolio I have compiled in NUS, I successfully obtained a post as full-time instructor at the University of Memphis. I would like to take this opportunity to thank all the faculty members in National University of Singapore, my seniors, and KUBS. Q. Could you tell us about your future work? In the past, operations produced information concerning related businesses. Nowadays, the leap in information technology has led to an era where information guides business operations. Producing, compiling and distributing this information and catering to the digital platform to create value have become integral to the IT industry. Ensuring the security of this information has also recently come under the spotlight. My research will focus on how the link between digital platforms, and the IT security industry can create business values. Q. Could you give one word of advice to KUBS students who want to become a global scholar? Conducting research takes up a lot of energy. It demands rigorous amount of eloquent writing, a set of very good methodologies, and some internal politics. Also, it is essential to surround yourself with good people. There’s bound to be a good deal of criticisms of your work from the advisors and the people you will see in various conferences and during review processes. But if you can produce something original, there is always somebody who will acknowledge the work. I think that if anyone has a firm belief that their work will contribute to expanding the pool of global knowledge, they will have garnered a global reputation. I hope Korea will become a global platform that exports knowledge. I hope KUBS students can successfully employ the academic resources at KU to become a renowned figure in the global academia.
Sep 14, 2017
227
[Interview with Finance MBA Program Director] “FMBA is a Curriculum That Aims at Nurturing Pioneering Experts in Finance
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. <KUBS Journal> 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.
Sep 14, 2017
251
[Interview: The 1st Anniversary of KUBS Startup Institute] Our Goal Is to Be the Leading Startup Hub in Korea
Interview: The 1st Anniversary of KUBS Startup Institute “Our Goal Is to Be the Leading Startup Hub in Korea”     Korea University Business School affiliated KUBS Startup Institute celebrated its one year anniversary. In September 2017, Professor Ho-Won Jung, Director of KUBS Startup Institute, has reached the end of his term, and Professor Hicheon Kim will fill in the position. <KUBS Journal> conducted an interview with the two about the overall performances of KUBS Startup Institute and their future cooperation with LINC+ Project to invigorate startup among youths. Q. It’s been a year since the launch of KUBS Startup Institute. Tell us how you feel. Director Kim: The world is changing at a remarkable pace. When we look at the rise and fall of enterprises during the industrial revolution, the strong dwindles and new enterprises that have grasped emerging opportunities assume leadership. We are confident that the teams that have entered our institute will extend their reach to all parts of the world. I hope our institute becomes the starting point for teams that aspire to become global enterprises. Professor Jung: There is a new paradigm as we enter the fourth industrial revolution. For the past few years, the IT industry has followed the leadership of companies like Microsoft and Google. KUBS Startup Institute is for those who can seize emerging opportunities in a rapidly changing world and are capable of creating new values. We have attracted a total investment of 970 million won, and our company valuation stands at 15.4 billion won. I am proud of what we have achieved. Q. Tell us about some of the strengths of KUBS Startup Institute Director Kim: We not only provide space but also practical assistance. Through MOU with Kim & Chang Law Firm and Samil, we give legal, accounting, and tax services. We also have programs like “Lecture Series” and “Lecture on Demand” to fill in startups with relevant information. In addition, we have been advocating active investment from venture capitalists, accelerators and angel investors by hosting events like CHOO CHOO DAY.   Professor Jung: The biggest strength lies in its openness. All you need in your team to apply for a venue is a business undergrad or an alumnus who has obtained his degree within the past 5 years. Our constituents made of students who range over diverse majors such as engineering, humanities, and design. We also provide services that our essential during the beginning stage of establishing businesses such as Amazon Web Service and AWS Cloud.   Q. Tell us how KUBS Startup Institute plans to invigorate youth startups with LINC+ Project. Director Kim: We plan to support talented students from various majors, so they can reach their potential. At the present, the key participant of the KU LINC+ Project are students from business and engineering departments, but I hope a lot more students from different backgrounds will join KUBS Startup Institute. I look forward to seeing students independently constructing new business models to solve social problems.   Professor Jung: I think the partnership will give us the opportunity to expand what we have been doing in KUBS Startup Institute. If we manage to procure sufficient funding, we would be able to provide better infrastructure for the teams. I hope to have the teams participating in startup expositions abroad. It will be a fruitful experience – they will see what ideas foreign ventures have and how they employ them to establish new companies. It’s better for them to be in the field and actually see the action rather than simply hearing about them. Interaction with students from all over the world who have their own startups will be a stimulating experience.   Q. What does KUBS Startup Institue hope to achieve by the end of its LINC + Project in 2022? Director Kim: Our priority is to be the leading startup hub in Korea. In doing so, it would become a place where investors interested in college ventures look forward to visit. In fact, I hope it becomes a globally recognized hub.   Professor Jung: 5 years from now, I hope people would think of this place when the word “startup” pops into their heads. And 20 years from now, I wish a renowned company founder would be from our hub. Q. Do you have anything to say to the students who plan starting a new company? Director Kim: I don’t think everyone has to jump on the startup craze. But as time passes, firms are looking for talents who can create new values rather than people only capable of performing simple tasks. Ultimately, startups and firms are looking for similar talents. I advise students looking to start their own companies to examine what society needs.   Professor Jung: Those who are interested in startups are welcome to visit KUBS Startup Institute. Please attend our lecture series. They really help identifying emerging ideas in changing paradigms and provide an insight into innovation and the essence of becoming entrepreneurs.
Sep 14, 2017
236
Interview with Fall 2016 MBA Valedictorians
Interview with Fall 2016 MBA Valedictorians   Jongsoo Nam (11th Class of Finance MBA) Q. What is the secret to graduating top of your class? First, I would like to express my gratitude to my advisor Professor Ji-Woong Chung, all my professors who gave the best lectures, FMBA Manager Min Young Shin who meticulously oversaw all the administrative tasks, and my fellow graduates who have been with me through thick and think. Having an undergraduate degree in Economics and Business and ten years of experience working in financial institutions helped a lot understanding the lectures and getting through the exams. I started FMBA shrouded in vague fear of finance. Fortunately, the professors’ lectures were motivating and easy to understand, alleviating my concerns I had for finance, and ultimately setting the stone for graduating top of my class.    Q. What was the most memorable event during the FMBA Program? I thoroughly enjoyed the time in ESADE Business School, Barcelona, Spain, when I partook in the International Residence Program (IRP). I had the pleasure of attending global strategies related lectures given by the best academic staff of business schools in Europe, and had the opportunity to visit interagency and business entities, learning about local support for startups. I also enjoyed the bike tour around Barcelona, visiting a local winery and a football stadium. One the weekend and at dinner, we would visit tourist sites which provided a good chance to become a closer to my friends.   Q. What did you take from the FMBA Program? Having taken various courses in banking, finance, accounting, international business, economics, and practical finance affairs, I was able to broaden my horizon on the financial market and cultivate deeper appreciation of other industries’ financial businesses. In addition, relative to my experience as an undergraduate, I was graced with more time to discuss with and consult my professors, at the same time, expanding my network of friends.   Q. Could you give a word of advice to prospective FMBA students? The FMBA Program is much more than simply learning about theories. The curriculum consists of reading various cases in banking and finance, staying on top of the latest research trends, and getting hands on practical affairs in finance. Therefore, I am confident in saying that FMBA would provide a beneficial stage supported by the best faculty staff in the country, its systematic alumni network, and academic resource that would train its students to become desirable talents in the financial industry. I hope you would enjoy your time working with others and improving yourself along the way. Sunghyun Park (11th Class of Finance MBA) Q. What is the secret to graduating top of your class? I am glad that I finished my one year program with the Dean’s Award. The FMBA professors helped me manage the challenging subjects and obtain good grades. Every lecture, the students would check each other to make sure we have understood the content, and expound on the more difficult topics. I was motivated to focus during the lectures, and I found the group projects very meaningful. We were asked to apply the theories and topics we have learned on real life cases. This taught me that book lessons can transcend their face value to become applicable in practical affairs.     Q. What was the most memorable event during the FMBA Program? I liked the professors’ lectures, but I remember spending time with my fellow students the most. My memorable experiences include exchanging gifts with my friends at the year-end party in lecture halls, attending IRP in Spain, and having steamed snow crab on the beaches of Sokcho.   Q. What did you take from the FMBA Program? The FMBA curriculum shares many similarities with practical affairs so the program would help when doing actual work in companies. Lectures on valuation, administrative accounting, and analysis of financial statements gave me a better understanding of credit-rating. Also, undertaking international finance related courses helped to deepen my outlook on foreign exchange. I believe that the knowledge I have accrued from these courses will be valuable in the future allowing me to have a better understanding and more effectively executing new tasks. Building on what I have learned from FMBA, I intend to implement policies that would help exporters. Q. Could you give a word of advice to prospective FMBA students? To some students, the one year time frame would appear to be short, but the time spent at KU FMBA is an invaluable experience many wouldn’t forget. I hope students would be relieved from the pressure to be successful in life and genuinely enjoy their time with their new friends. In a year’s time, they would find themselves matured more so emotionally than intellectually. Yoon Hee Hong (11th Class of GMBA) Q. What is the secret to graduating top of your class? I left work to enroll in the GMBA program, so I was determined to be active and work hard. But as a life sciences undergraduate, there were numerous materials I didn’t understand from the first day. Eventually, I had to rely on the help of my professors and my classmates who have relevant degree. I think I also learned a lot from class discussions with people from different majors and various work experiences. I would like to thank Professor Yong Keun Yoo who has helped me a lot through the year. I also look back fondly at the time spent discussing career options with my friends and the encouragements I received from the 11th Class of GMBA students. Last but not least, I am indebted to my husband who has been bedrock of support ever since I made the decision to quit work to enroll in the GMBA program, and it is because of him and our family I was able to graduate with such promising grades. Q. What was the most memorable event during the FMBA Program? I have made many fond memories over the past year: the orientation where we performed Sa-bal-shik (a tradition where incoming students drink a bowl of Makgeoli and soju) and learned FM; KU-Yonsei Games that brought us closer; and the IRP in Barcelona followed by a friendship travel. The most memorable experience was my time in ESADE where I participated in IRP for. I had the chance to learn about foreign markets and policies. I also remember preparing a mock presentation on foreign attraction with my group members. Q. What did you take from the FMBA Program? In the GMBA program, I made friends with people whom I believe will work in diverse fields, and my class discussions with this cohort provided a stage to share information and experience. I was also able to extend my network of friends to include people working in my field. My plan is to return to my work to apply my newly acquired knowledge and network and ultimately further my career. Q. Could you give a word of advice to prospective GMBA students? I would like to congratulate the 12th Class of GMBA students. I can assure them that one year will fly by. People who maintain their passions to learn and experience new things will graduate having obtained their originally desired knowledge and network. I hope they will be able to have many memorable experiences with their new friends. I look forward to seeing the 12th Class of GMBA students in upcoming school events.  
Sep 14, 2017
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[Special Interview: LINC+ Project] Dreaming of Becoming Korean Silicon Valley with Innovation and Coexistence
Special Interview: LINC+ Project  l  Associate Dean for Research Jae-Nam Lee Dreaming of Becoming a Korean Silicon Valley with Innovation and Coexistence     Korea University (KU) has been selected by the Ministry of Education in its “Leaders in Industry-university Cooperation Plus (LINC+) Project.” To solve unemployment and labor shortages, five departments including △Korea University Business School (KUBS), △ College of Engineering, △College of Health Science, △College of Informatics, and △School of Art & Design have participated in the project and have received 3.2 billion won worth of funds. <KUBS Journal> asked KUBS Associate Dean for Research Jae-Name Lee about the purpose of the program and the future plans of KUBS.   Q. What are the features of the LINC+ Project? The LINC+ Project strives to achieve two goals. One is providing undergraduates and graduates with jobs or encouraging them to establish startups. The other is collaboration with local community. The essence of LINC+ is developing “Anam-Hongreung Silicon Valley” into a “Korean Silicon Valley.” The Seongbuk area along the regions of Anam and Jongam has high population density, but its business development has been rather slow. This area has a strong basis in educational and research facilities and boasts a huge number of highly skilled workers. It is a huge business asset. Business and academic cooperation between KU and Korea Institution of Science and Technology gives us a glimpse into its immense potential.   Another LINC+ objective is to contribute to the local community through the use of local infrastructure. The College of Engineering’s research publications and intellectual properties can identify the needs of the community and provide solutions. For example, they can form a partnership with the SMEs within the area for R&D and provide internships for undergraduates. This coexistence is a big differentiation factor of LINC+.   Q. What do you think helped KU to become selected for LINC+? I think there are three main reasons for the selection of KU, a research-oriented institution. First, its local community. The area around KU is not developed. Second, they are looking for research-oriented universities to lead the development of its local community and co-exist. Silicon Valley became the most dynamic place for innovation owning to the support of Stanford University. Lastly, the cluster of industries, universities, and institutions can bring about synergies. Recently, we have formed a partnership between startup-centered SungShin Women’s University, Kookmin University, and their consortium with Kyung Hee University. Q. Among the projects under LINC+, we’ve heard there are many that are being operated under the partnership between Industry-academia Cooperation Foundation, KUBS, and the College of Engineering Department. What kind of businesses are planned? We first conducted a survey on SMEs near KU and individuals to examine what they need. From here, we planned four specialized industries including energy and new materials to expand the students’ opportunities for employment and startups. The main tasks of our business school are supporting startups, seeking domestics and international internships, and developing business cases. In hindsight, most of the projects that LINC+ are planning are already under operation in KUBS. Our business school looks to take one step ahead to identify beforehand what is necessary in actual industries to provide our students with more diverse experiences. Then, we will try to bring our alumni to the school so they can share their experiences with current students. We also aim to put emphasis on field internship and student-centered degree program. For internships, students will not be limited by school semesters. Furthermore, they will be able to develop their own major. For example, a student majoring in mechanical engineering or business studies will develop his own mix of “Design — Engineering — Business.” Contrary to other departments, we seek to provide domestic and international internships, local community project, and an educational program in Industry-academic Cooperation.   Q. What are LINC+’s goals and future plans? From educational perspective, we plan to secure experts in industry-academic cooperation. KU is scheduled to employ seven professors of the field this October, and KUBS will look at employing two. We are looking to select those with more than ten years of industrial experience who can actively communicate and have insights into startups, domestic and international internships, and business development cases. In the light of the project, there will be a specific partnerships with nearby industries, universities, and institutions. Primarily, the school will sign an MOU with Sungshin Women’s University and then continue on to develop MOUs with Korea Institute for Defense Analyses, Korea Institute for Industrial Economics & Trade, Kookmin University, Kyung Hee University, etc. Its alumni association will take part in during the process. Also, a membership-based infrastructure will be established. Under the leadership of KU, the school will employ its research environment and facilities to create a synergistic platform that would include enterprise entities. Lastly, we are seeking to include departments other than business studies and engineering sciences to create an “Anam-Hongreung Silicon Valley.” We will create a “Korean Silicon Valley” based on employment, startups, and cooperation with the local community and set an example for the rest of the world. 
Sep 14, 2017
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“KUBS Teen Mentoring Day” Led Me to Dream of Entering KUBS” – Interview with Minsuk Kim and Geon Choi (Business, ’17)
Interview with Minsuk Kim and Geon Choi (Business, ’17) “‘The KUBS Teen Mentoring Day’ Led Me to Dream of Entering KUBS”   Of those who participated in “The 1st KUBS Teen Mentoring Day” in 2015, four mentees became the Entering Class of 2017 at Korea University Business School (KUBS). <KU Business Journal> met Minsuk Kim (right) and Geon Choi (left) to hear their stories.     Q. What made you apply for “The 1st KUBS Teen Mentoring Day?” Minsuk: My high school teacher saw the notice about the KUBS Teen Mentoring Day and recommended it to me since I had shown interest in Business Administration. I also thought it would be a good experience and decided to participate in the event. Geon: I had been interested in Korea University and used to collect various information through its website. Since there were many applicants, I was worried about not being able to participate, but thankfully I was able to join as a mentee.   Q. What did you gain through the KUBS Teen Mentoring Day? Minsuk: The New Product Development and Investment Program and Business Negotiation Training Program held during the Mentoring Day were most memorable. Through such activities, I became more attracted to the field of Business Administration. Moreover, the various and exceptional programs offered by KUBS and the high percentage of students receiving scholarships — which I heard from the student ambassadors — were very appealing. As a result, I became more certain of my goal to attend KUBS after participating in the Mentoring Day. Geon: The Business Negotiation Training Program had the largest impression on me as well. Each one of us had to play the role of a department head, debate, and draw a conclusion in one hour. That process was very new to me. I was able to think deeply about my designated role and learn more what Business Administration really is through the process of communicating between different departments. My experience that day was a big motivation when writing my college essay and helped me a lot in understanding Business Administration.   Q. After entering KUBS, what was the most enjoyable memory of your college life during the past month? Minsuk: I enjoyed hanging out with my college friends the most. I feel like a day goes by so fast when I take the same classes and hang around with them. Of all the school events, the cheering orientation was especially unforgettable because we got to learn the school’s fight songs while rooting for the school with arms around each other’s shoulders. Also, the joint cheering orientation was wonderful as it let us socialize and get together with students from Yonsei University. Geon: For me, wearing my high school uniform and having Joong-jja (eating Black Bean Sauce Noodles on the Central Square’s grass) with my friends on April Fools’ Day were most memorable. Also, when we first got our school jackets, my friends and I were really happy and said “we are now officially Korea University students.” Although I was a bit shy at the cheering orientation but it was fun. I am especially attached to Korea University’s cheering culture since it was the first of its kind that I came across in high school.   Q. Do you have any words to prospective KUBS students preparing for college application? Minsuk: KUBS is a place where students can do and enjoy lots of things. Prospective KUBS students, effort will never betray you! You might feel exhausted and stressed out now, but if you continue to do your best, you will experience a wonderful college life at KUBS. I look forward to the day we meet. Geon: When I bought books during my last year of high school, I wrote “KUBS” on the cover page and then studied. So, I made people think of “Geon Choi” when they talk about “Korea University.” I was able to enter KUBS because I believed in myself and was confident that I could do it.
Jun 15, 2017
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