• 2018 HKUST International Case Competition (HKICC), Application Open
    2018 HKUST International CaseCompetition
  • KUBS, South Korea's Top MBA for the 6th Consecutive Years
    Korea's Top MBA for 10 Straight Years
  • KUBS Signs International Partnership Agreement with University of Michigan’s Ross School of Business in the U.S.
    International Partnership Agreement
  • KU Achieved the Highest Pass Rate on the 1st Round CPA Exam 2018
    KU, Highest Pass Rate on CPA 1st round
  • Korea University, #1 Private University in Korea in the QS World University Rankings
    KU Outperforms Korean Universities in QS
KUBScholars Open Seminar in June (Study Abroad Prep Program)
KUBScholars Open Seminar in June (Study Abroad Prep Program) On June 5 at Room 210, LG-POSCO Building, the Business School’s study abroad preparation program ‘KUBScholars’ (academic advisor: Professor Byung Cho Kim) had its open seminar in June. The guest speaker was Jae-Pil Lee (Business ‘09), who is a prospective doctoral candidate in Economics at Carnegie Mellon University.     After he graduated from Korea University Business School in 2015, Mr. Lee signed up for KUBScholars to prepare for his study overseas. He then started his master’s degree at London School of Economics in 2016 and graduated last year. The topic of his lecture was ‘My Studying Abroad Experience: Tips and Advice’, where he shared his experience of studying overseas with the audience. In the Q&A session afterward, the participants raised some of the practical questions. As regards who to request the letter of recommendation, Mr. Lee responded “I suggest you to request of the letter to your academic advisor, but I would also suggest you to request the letters from the professor of the courses you were good at, as well as professors you are close with.” He added, “As long as you are committed, I think it is a good idea to planning a career in academia. Do not worry about your weakness – you will figure it out.”     KUBScholar program is designed to assist students with academic life abroad, offering useful tips and information through the mentoring program. Seminars are delivered by academics who have overseas studying experience. For further information, please contact via email to KUBScholars President Hyunji Lee (hjilee17@korea.ac.kr).  
Jun 07, 2018
The 60th Year Celebration Ceremony for Korea University IBRE
The 60th Year Celebration Ceremony for Korea University IBRE The Business School had the 60th year celebration ceremony for Institute for Business Research and Education (IBRE) on the 1st of June at Ahn Young Il Hall, LG-POSCO Building. Over 60 participants attended the ceremony, including KUBS Dean Soo Young Kwon, Director of IBRE Professor Chan Su Park, Emeritus Professor Ik Soon Cho, Emeritus Professor Soo Sik Sin. Professor Jungbien Moon hosted the ceremony, and the ceremony was held in the order of △Opening remark △Congratulatory speech △Banquet and Congratulatory performance.     On his opening remark, Director of IBRE, Professor Chan Su Park said “Celebrating the 60th anniversary of the foundation of IBRE since 1st of June, 1958, I would like to thank all the effort and contributions you gave us, and we will make sure to keep our constant work.     Then the ceremony was followed by congratulatory speeches from Korea University President Jaeho Yeom and the Business School Dean Soo Young Kwon. On his video message, President Yeom said “The Business School was a pioneer who started the very first institute for business research and education when the term ‘business administration’ was not even widely used in South Korea. I hope IBRE will keep up the spirit of being the pioneer, aiming at the world best business research institute.”   Dean Kwon also congratulated the ceremony by adding “IBRE has contributed to society in that their advanced researches by academic staffs improved business studies in Korea, and they facilitate education programs for executives of firms. Korea University’s IBRE played a key role in the overall improvement of Korea University Business School and Graduate School of Business.”   Emeritus Professor Ik Soon Cho, who were the 7th, 8th and 14th director of IBRE, added his commemorate speech as well. Emeritus Professor Cho pointed out the key achievements of IBRE as the appointment of IBRE researchers at universities in South Korea, and cost accounting. Professor Cho said, “The contribution that IBRE had on economic development in Korea for the last 60 years is quite remarkable. I hope IBRE continues to be the longest and the best research institute.     After a cake cutting ceremony by Dean Kwon, Director Professor Park, and Emeritus Professor Joon Bum Lee, the participated professors and administrative staffs had a banquet. The ceremony ended with a performance of Professor Dong Seop Kim (Baritone, Department of Voice at Daegu Catholic University).  
Jun 05, 2018
[2018-1 Sudang Digital Library Database Session] Information Session on KIS-LINE, KIS-VALUE
[2018-1 Sudang Digital Library Database Session] Information Session on KIS-LINE, KIS-VALUE On June 1, KUBS’s Sudang Digital Library had its third database information session at Room B307, Hyundai Motor Hall for 2 hours from 1 pm. This session focused on /KIS-LINE (financial statements and credit information of listed companies in the domestic market) /KIS-VALUE (download of mass industrial information of companies in the domestic market). The guest lecturers were General Manager Hyung-Nae Roh and Assistant Manager Jae-Hong Kwon at NICE Group, with participants of 15 undergraduate and postgraduate students.     Both KIS-LINE and KIS-VALUE are services provided by NICE Group, which is the top financial service business in South Korea. KIS-LINE is a portal service that allows search and analysis of an extensive database of companies, industries and financial institutions. On the other hand, KIS-VALUE is a program that offers an evaluation and research service using business’ financial statement and stock market data.   Mr. Hyung-Nae Roh explained what each column means suggesting an example of a company. He pointed out that it is important to have a close look at ‘watch ratings’, when determining the rating status from ‘Company Overview’ category. He added, “Unless there is an unusual event, you can get the company evaluation rating valid for the whole year because the final financial statement is released once a year. That is why it is important to monitor the early warning system - ‘watch rating’ every day.     Mr. Jae-Hong Kwon then explained how to set up KIS-VALUE program. He added, “Since the main objective of KIS-VALUE is to draw a conclusion out of its data analysis, you need to be able to use excel.” Mr. Kwon then went through a detailed instruction of how to use executive keys that are shown above when you click the program.   One of the participants, Hye-Yeon Yook (PhD candidate, Marketing ‘10) commented that “it was a quite informative session to learn basic instructions of how to use KIS-LINE and KIS-VALUE. I will look forward to further sessions.”  
Jun 04, 2018
[Global CEO Lecture Series] Young-Sik Kim, CEO of PwC Korea… “A Great Way to Broaden Your Career Options: CPA”
[Global CEO Lecture Series] Young-Sik Kim, CEO of PwC Korea…  “A Great Way to Broaden Your Career Options: CPA” On May 31st, the Business School invited the last guest lecturer for our Global CEO Lecture Series at Supex Hall, LG-POSCO Building. With the guest lecturer Mr. Young-Sik Kim, CEO of PwC Korea, the last special lecture discussed ‘CPA and Accounting Firm’. Mr. Kim is one of our proud KUBS alumni (Business ‘75) who joined Pwc Korea in 1978 and achieved an exceptional performance since then. He is currently a director of public relations at the Korean Institute of Certified Public Accountants (KICPA), and a member of evaluation committee at the Ministry of the Interior and Safety. In 2003, he won commendation for his great services from minister of Finance and Economy.   Mr. Kim started his lecture by a discussion of the context behind CPA (Certified Public Accountant). He explained, “you can think of CPA as a supervisor of capitalism who looks out for an overall performance of a business’ operation via business accounting in particular. There has been an increasing emphasis on transparency in accounting. As a consequence, the importance of the role of CPA is increasing, too.” And since CPA is literally a certified accountant by law, it is pretty safe to assume that you have competitiveness in the job market once you pass the CPA exam.   Mr. Kim also pointed out that certified public accountants develop a wide range of professional expertise. Since certified public accountants work with clients from diverse industries, you have to develop different knowledge and skills for different tasks. He added, “Generally most jobs ask you to do similar tasks every day. CPAs, however, learn different knowledge and skills to work on each project, so it is a great job to keep an enthusiastic mind.” In addition, it allows you to develop a professional and client-oriented attitude, as well as communication skills.     The guest lecturer picked enthusiasm and professionalism as the two most important attitude of employees at accounting firms. By enthusiasm he meant keeping up a hard work but he also emphasized keeping a healthy attitude that is open to other people’s ideas. Mr. Kim explained, “Accounting firms are highly demanding environment, which require you to develop professional expertise.” “Your level of knowledge in the industry matters when meeting the need of clients.” Often employees at accounting firms work at overseas branches because of the size of domestic demand for accounting firms in South Korea. “Out of the world’s accounting firm industry, the market size of accounting firm in South Korea does not exceed 1%. Therefore, the global competitiveness is crucial if you would like to work for an accounting firm. There are mainly two pathways if you start a career at an accounting firm. One is client service focused specialty and the other is advanced research-based specialty. You will be assigned to either pathway depending on your specialty. Mr. Kim added, “The classification of tasks at accounting firms includes audit, taxation, M&A and so on. So you will be able to build your specialty as you learn from few different departments.”     Nevertheless, Mr. Kim advised the audience to be careful not to think of CPA as your final goal. He explained, “I strongly suggest you to think of CPA preparation as one of stages in your career plan. The CPA exam preparation will be a great way to learn how a business works and how industries operate. It will be a great step to build your career.” “As long as you think about the step afterwards, I can guarantee that CPA preparation will be a great tool that allows you an intensive learning of overall industries.”   The guest lecturer concluded his lecture by stressing the importance of perseverance to the audience. “I cannot stress this enough - continuous learning. But this has to be autonomous learning, not something that is done involuntary” he added.  
Jun 01, 2018
[2018-1 Sudang Digital Library Database Session] Information Session on Bloomberg Use
[2018-1 Sudang Digital Library Database Session] Information Session on Bloomberg Use   On May 31st, the Business School’s Sudang Digital Library held its second information session on database use at Hyundai Motor Hall, Room B308. The information session was mainly on ‘Application of Market Data: Stock, Bond, and Derivative Products’. A total of 15 undergraduate and postgraduate students participated in the information session held by Sukmin Lee, relationship manager at Bloomberg. Bloomberg is a financial software, data, and media company in New York, United States. Founded by Michael Bloomberg in 1981, Bloomberg is now one of the most trusted news agencies in the world, which reports and sells information to over 140 thousand subscribers from 91 countries.   Application of Bloomberg Program Mr. Sukmin Lee started the information session with detailed instructions on how to use Bloomberg database. He pointed out three most useful functions, △LANG △DES △​FLDS. He explained that their sub-functions △​Function △​Ticker △​Field will be useful as well. The session also guides the audience how to use the master key, providing some practical guidelines to the participants.   The guest lecturer Sukmin Lee added “I am sure database information sessions can be quite helpful to students. I hope you will pay constant attention to the use of the database.” One of the participated students, Ji-Soo Kim (Management ‘17) commented “I came to the session for a better understanding of database use for my thesis. It was a very informative session and I think I will be able to use the tips for my research.”
Jun 01, 2018
“We Would Like to Thank Our Colleagues Who Are Always Willing to Cooperate”– Interview with Winners of 2018 Outstanding Staff Contribution Awards
“We Would Like to Thank Our Colleagues Who Are Always Willing to Cooperate” - Interview with Winners of 2018 Outstanding Staff Contribution Awards: Assistant Manager Sung Pyo Jang, Senior Staff Yong Ki Kim  - Celebrating Korea University’s anniversary, the List of 2018 Outstanding Contribution Awards for Administrative Staffs has been announced. Awardees from the Business School are Assistant Manager Sung Pyo Jang and Senior Staff Yong Ki Kim. We met for an interview with our proud winners. △ Assistant Manager Sung Pyo Jang, Senior Staff Yong Ki Kim Q. Could you briefly talk to us about yourselves, please. Sung Pyo Jang (JANG)  |  I started my career at Korea University in March 2000. I was first appointed to Information System Development Department of the Office of Information & Computing for 16 years. Then I was appointed to the Business School in March 2016, now I am in charge of human resources of the faculty, research, and other undergraduate administrations.   Yong Ki Kim (KIM)  |  I started my career at Korea University in 2009 at the Office of General Affairs. Then I was appointed to the Business School last year. I am responsible for building security, hygiene, and facilities maintenance. Q. Could you tell us how you feel about the award? JANG  |  Very happy, thanks for asking. It means a lot to me since it is the second year after the appointment to the Business School. At the same time, I know it is not an award just for me; it is for my amazing team and all other staffs at KUBS who are always willing to cooperate. We have very talented and enthusiastic staffs at KUBS administrative offices, I would like to attribute the award to my colleagues. KIM  |  I feel exactly the same. I didn’t know what to say. It was a nice surprise, really. I was very happy the first day I heard the news, but then it turned to heavy responsibility the day after. Like ‘the carrot and the stick’, I consider this award is ‘a carrot’ that makes me remind of ‘a stick’ to keep on a hard work. Q. What do you think has most attributed to the award? JANG  |  During my 2 years at the Business School, I was in charge of the evaluation of the School, renovation of Business School buildings and setting up information system of KUBS. I assume they gave credits on my performance on those. I remember I said ‘I will do my best’ on the official appointment to the Business School. And I did my best to keep the words I said. I would not be able to complete the works if it hadn’t for my colleagues. I would like to thank them again. KIM  |  A lot of my works at Business School requires me to work individually, not as a team, which made me feel under pressure sometimes. So I tried to proceed tasks straight after I got requests. I also tried my best not to forget the issues that have been raised regarding my duties. I felt quite heavy responsibilities and sometimes I was not sure if I would be able to complete the tasks successfully, to be honest. But thanks to all the support from executive manager, assistant managers and staffs at KUBS, I was able to move on.     Q. What do you think an ideal university administration is? Could you share with us of your thoughts on administration at university? JANG  |  Administration at universities is different from that of private organizations. In general, the purpose of firms is to maximize profits, but that is not necessarily the case for universities. Therefore, the role of staffs at universities is not the same as that of private organizations. I think the willingness to provide service is very important for administrative staffs at universities. After all, one of the most important duties of university staffs is to support faculty members to provide quality education to students, and students to maximize their learning experience at the university. So I think administrative staffs must be committed to best quality services to faculty and students. From small things like greeting the visitors with a smile, for example.   KIM  |  That’s a very difficult question. I think what is important for groups and organizations is to cooperate, and willing to support your colleagues. I think that’s what makes an ideal organization. You know how people say ‘people come first’; I believe caring people around you leads to the most ideal outcome for an organization. Q. Do you have any last word you would like to share with administrative staffs at KUBS? JANG  |  We have very talented staffs, enthusiastic and always put first what is best for the School. I should mention that I feel lucky to be able to work with such inspirational colleagues. I like the phrase ‘best of luck’, although I know that luck comes to those who look after it, who make the best effort. I am sure luck will come to those who keep the hard work.   KIM  |  I would like to thank my colleagues as well. At first, everything was new to me, which made me lost quite often. But thanks to my colleagues at KUBS I feel grateful coming to work every day. I hope we could maintain the close network and look forward to many more chances to be close to each other in the future.  
May 16, 2018
“Top MBA Program Specialized in Asian Economy”… Interview with the 10th S³ Asia MBA Students
The 10th S³ Asia MBA Continuing Students: Do-Yoon Kim, Prakriti Khanna, JoongKyu Ahn “Top MBA Program Specialized in Asian Economy”   S³ Asia MBA at Korea University Graduate School of Business is a program offered by 3 business schools in Asia: Fudan University, China; National University of Singapore, Singapore; and Korea University. This 3 semesters program allows students to spend each semester in 3 different countries in Asia, which will be a unique cultural experience for them to be regional specialists. We met 3 AMBA students to hear their thoughts about the MBA program and their business plans in Asia region.     Q. Could you briefly tell us about yourselves. Do-Yoon Kim | My name is Do-Yoon Kim, I am taking AMBA program. I am a Korea University graduate, majoring in life science. I have worked for ‘Korea Tooth Bank’ nearly 3 years before I started my MBA. Prakriti Khanna | I am Prakriti Khanna, I am from India. I used to work for Deloitte, back in my country for 2 years. JoongKyu Ahn | My name is JoongKyu Ahn. I have 9 years of experience at Nexon. I was a part of management team at the online game company.   Q. Could you tell us how you started your MBA? What was the reason that you chose S³ Asia MBA? Do-Yoon Kim | In fact, I was thinking of taking MBA abroad. Then I read about AMBA on the University’s newsletter. I was fascinated by the fact that you can graduate with 2 degrees, one from KUBS and the other from either Fudan University or NUS, within one and a half year. Since I am interested in the Asian market and looking for a job in Asia, I knew AMBA is just the right choice. Fudan University and NUS are both renowned universities, so I assumed the courses would be very rewarding too. Prakriti Khanna | I applied for the MBA because I wanted to pursue a different specialty. When I worked for Deloitte, my specialty was in private equity. However, I have been wanting to learn more about investment. I thought that I need to build a strong background in finance, as well as entrepreneurship and management in general. So AMBA seemed to be perfect to fulfill my academic interest, not to mention I get to take courses in 3 different cities during the program. JoongKyu Ahn | I thought the best thing about AMBA is that it is guaranteed that you spend semesters in 3 different countries in Asia. Unlike exchange programs, you do not have to have research or prepare applications for your overseas study experience. After graduation, I would like to work for IT or FinTech companies in Singapore.         Q.  From what you’ve experienced, what are some of the strengths of AMBA? Do-Yoon Kim | KUBS’s AMBA offers small-sized classes, compared to other MBAs. There are 21 of us now, the 10th AMBA Class. Also, I need to point out that you get one and a half year in 3 different cities, with your 21 AMBA classmates. You build a very special and strong bond with classmates from diverse cultural backgrounds. In particular, I remember times when I counted on Chinese or Singaporean students when we went to their countries. I should also mention one of the courses <Asian Business Insights>. The course opens at the three universities, which allows you to visit business organizations there. It is a great chance to learn business practice in Asian countries. Prakriti Khanna | During the program you stay in different cities which can be tough, but at the same time, I think that is one of the best things about AMBA. For a year and a half, you get used to one place and then move to the next city. Apart from the classes, the program gets you to learn how to adjust and live in a new place. And spending times abroad with my classmates has made us build close relations. As Do-Yoon pointed out, because of the small-sized class the teaching quality was very outstanding too. JoongKyu Ahn | Korea University, Fudan University and NUS were each established in 1905. They are all renowned institutions with a long history. So during the program, you will be able to learn from recognized teaching staffs. The universities provide diverse student supports including career development programs, too.     Q. What sort of support does AMBA offer in terms of student network? Do-Yoon Kim | Basically you will start your first semester at Fudan University, where you attend an additional orientation at the beginning of the semester. Besides an orientation held at Korea University, you meet classmates from diverse backgrounds on the orientation day. Also we have AMBA Alumni Association where professors also participate in the regular events. Prakriti Khanna | For the semester held at Fudan University, we take courses with International MBA students at Fudan University. During orientation sessions, we got to know each other and got closer during the semester. We also had other events held for us at Fudan University as well, which I assume this is pretty much how it will work on our next semester at NUS. JoongKyu Ahn | As Do-Yoon mentioned earlier, I think the Alumni Association is one of the strong student network offered by AMBA. In addition, there are alumni associations of Fudan University and NUS in Seoul, which AMBA alumni are also part of. In addition, there is an MBA association of 8 universities in South Korea, which AMBA alumni are eligible to be members. So overall we have 5 to 6 alumni events in a year, and they hold very great events.   The AMBA 10th Students, at Fudan University (Picture by = JoongKyu Ahn)   Q. You completed your first semester at Fudan University. Any thought on courses or life in China? Do-Yoon Kim | I don’t speak fluent Chinese, so my classmates helped me a lot. Also two of my roommates speak fluent Chinese, which was a relief. During the first semester, my Korean classmates supported each other a lot, and my friends from China gave us great help as well. Since we attend lectures together with International MBA students at Fudan University, they helped AMBA students a lot, too. Prakriti Khanna | I was pretty satisfied with the courses in general. I liked <Managerial Communication> and <Managerial Economics> in particular. The teaching staffs were really amazing especially my economics professor. I was happy with <Financial Accounting> as well, because the professor often referred to practical examples in the lectures. As regards life in general, I think modern facilities in China were very impressive too. The only issue was my language fluency, I am not fluent in Chinese and it was an issue at first. However, I got used to it and I was able to complete my first semester in China. JoongKyu Ahn | I was actually pretty impressed by the country in general. It was my first time visiting China, and it was so different from what I had in mind. For example, I was surprised how dynamic and international Shanghai is. I was also surprised to how pervasive mobile pays are in China – you can make payments even at stalls on the street via WeChat or Alipay.     Q. How do you feel about your current semester at Korea University so far? Prakriti Khanna | Pretty good, actually. I feel international students in our class find it easier to catch up with classes this semester, compared to last semester in China. Korea University offers Korean language programs and people in Korea understand English well when I get stuck with my Korean. My Korean friends took me to cultural events as well, such as cherry blossom festival and other social events. It is also great that sometimes you can have lunch or dinner with your professors here; it is great to talk about things other than the course. I am also very satisfied with the fact that I can learn from the teaching staffs who have degrees from world-renowned universities.     Q. Do you have any advice for those who are thinking of taking AMBA? Do-Yoon Kim | The best thing about AMBA is that you build unique and strong relations with classmates. You will be able to learn a lot from your experience living in 3 different cities. Prakriti Khanna | I am aware that there are thousands MBA programs out there. However, two things need to be taken into account: ‘what do you want to learn from MBA’ and ‘your career plan after your MBA’. Since each MBA has a different emphasis, you need to have a close look before applying. JoongKyu Ahn | I would advise you to focus on ‘what made you consider taking MBA’. If you can answer that, work on your new plan as soon as possible. I have spoken to an MBA student from Italy back at Fudan University, (s)he was 23 years old which is quite an early age to start an MBA. I guess as long as you have a clear sense of goal, the earlier, the better.   [AMBA] Click here to see the full interview   
Apr 19, 2018
[Global MBA/MIM] “A Wide Variety of Pathways Meeting a Variety of Student Needs”
[Global MBA/MIM] “A Wide Variety of Pathways Meeting a Variety of Student Needs”   “When I was looking up for MBA programs in South Korea, I paid attention to how Korea University’s MBA is well-organized and adaptable to business practice in reality. In particular, Global MBA’s Dual Degree Track seemed to have the perfect curriculum that I was looking for.”   “The unique degree pathway offers you to graduate with 2 MBA degrees from 2 universities – one from Korea University and the other from overseas university, after the completion of 1 year at each institution.”   “ESCP is one of Grandes Écoles, 3 best business schools in France. It is such an honor to be able to learn and graduate with an ESCP degree.”   [Global MBA/MIM] Click here to read the interview of Mr. Seok-Hyun Lim, Dual Degree Track    “You will be able to learn the business operation of multinational corporations with students from diverse backgrounds.”   “There is a requirement that at least one institution per a nation joins CEMS Alliance. Japan’s CEMS partner school is Keio University, which is lucky for me because I have always wanted to study at Keio University.”   “Global MIM allows students to meet and network with students across the world: Europe, South East Asia, and Japan. I am sure this wide network will be a great foundation for my business.”   [Global MBA/MIM] Click here to read the interview of Mr. Woo-Jae Byun, CEMS MIM  
Apr 19, 2018
KUBS’s CPA Preparation Program ‘Jeongjincho’ Achieved a Remarkable Outcome
KUBS’s CPA Preparation Program ‘Jeongjincho’ Achieved a Remarkable Outcome Highest Pass Rate on 1st Round CPA Exam KUBS is proud to inform you that the School achieved the highest pass rate in the country on the first round Certified Public Accountant (CPA) exam 2018, far outstripping other universities in South Korea. The 1st round result of 53rd CPA exam has been released on March 16. On this exam (February 11), Korea University has produced a total of 187 successful 1st round CPA candidates. This achievement reaffirms KU’s position as the best institute for nurturing certified public accountants, especially by the support of a CPA prep program called ‘Jeongjincho’. (▶See Article) Korea University's business school runs the largest CPA preparation study group, Jeongjincho. Located on the third floor of the KUBS Main Building, Jeongjincho provides the best environment for students to focus on their studies. Jeongjincho offers a variety of learning materials including textbooks and lectures. The group also provides chances for students to meet with our alumni who passed CPA and currently work as accountants to give advice and support a strong network. Below is an interview held with academic advisor of Jeongjincho, Professor Han Sang Yi and Jeongjincho manager, Ha-Rim Oh (Business’11, CPA 52nd) about Jeongjincho.   Jeongjincho Academic Advisor, Professor Han Sang Yi and Manager, Mr. Ha-Rim Oh   Q. Korea University achieved the highest pass rate on the first round of 53rd CPA exam, what do you think was the secret to our students’ remarkable result on the exam? Professor Han Sang Yi | In fact, the first round exam was more difficult than we expected. On challenging exams like this, the key to success is to keep calm – don’t panic, do the best you can do. I guess this was not an issue for our students though, because Jeongjincho students were well-prepared to solve challenging questions.   Q. You mentioned that Jeongjincho has contributed to the Business School’s outstanding performance on the exam. Could you tell us more about Jeongjincho? Professor Han Sang Yi | Sure, basically the first round CPA exam is held at the end of February and the second in June. Jeongjincho, therefore, opens applications after each round; 2nd round preparation group in March, a short-term intensive study group from July to August, in addition to 1st round preparation group from September. Applicants go through a thorough selection process, like a national archery team, and we select 69 students in the order of their performance on the entrance exam. Mr. Ha-Rim Oh | Once admitted, Jeongjincho students can participate in our structured training program. Students admitted on March should sit on practice exams held every month to prepare for the second round exam. Candidates must be prepared for 4 subjects on the second round CPA exam: Tax Law, Financial Management, Cost Accounting, and Financial Accounting. They take an exam on additional subjects, accounting audit. So it is indeed a very demanding exam to prepare. Students are asked to leave the group if they do not achieve satisfactory grades. Students admitted in September also go through practice exams and classes. Although it is a demanding program, our students stick to the end, building a strong bond among the group. Just so you know, you don’t necessarily have to be a business student to enter Jeongjincho, as long as you are a Korea University student who is willing to study for CPA exam.   Q. How exactly the Business School support Jeongjincho? Could you give us details, please? Mr. Ha-Rim Oh |  To start off, the School provides studying area to each of 69 students. Students gain access to a range of learning materials – about 40% of online class fees are supported by KUBS. More importantly, Jeongjincho students can receive the scholarship up to 15 million won per annum, funded by accounting firms. The scholarship goes to 10 distinguished students every year. Jeongjincho students also have free access to the key textbooks and reading materials.   Jeongjincho Student supports is open to non-members as well. Any Korea University students can gain full access to updates of CPA exams and information sessions or job openings at accounting firms. If you add us on Kakao Talk Plus, you can receive information about signing up for classes and practice exams. Please note that accounting firms sometimes conduct information sessions in private, of which you can get updates from us. Practice CPA exams are available free of charge to all Korea University students. Mr. Ha-Rim Oh, Manager of Jeongjincho Q. What is the most challenging part for students preparing for CPA exams? Can you give any advice? Professor Han Sang Yi | Exam preparations are like a battle against yourself. Especially exams that demand long-term preparation, you feel vulnerable, unsure and weak, apart from external factors such as relationships. Seeing students’ struggle every day, I feel resilience is the key to success in exam preparation, being able to continue their steady work. Mr. Ha-Rim Oh | Back in my exam preparation days, the most challenging part was when the exam is getting close. I was exhausted mentally and physically, but that was when support from my friends at Jeongjincho helped me get over a hard time. Once I got improved grades right before the second round exam, I felt myself back on track, and I was able to keep it positive until the end.   Q. (To Professor Yi) What do you think makes a great accountant? Can you think of any personality traits or skills that are best-suited for the job? Professor Han Sang Yi |  In general, disciplines in business administration look at how to achieve their goal or maximize profit, if you like. They are quite one-dimensional compared to accounting. In accounting, sticking to its principle (convention of conservatism) brings about social benefits as well. That is why in the U.S., the term ‘public accounting’ is widely used for accountants who work at accounting firms. Apart from careers in public sectors, not many people put ‘public’ on their job titles. Accounting however is closely connected to public interest, so I think the society needs individuals with integrity and strong responsibility as accountants.   Q. Could you give us any other advice on students who prepare for CPA or who is thinking of CPA preparation? Mr. Ha-Rim Oh |   If you are thinking of CPA exam, I suggest you work on it. I presume the reason a lot of people feel they are not ready yet is because of the uncertain nature of exam preparation; that there is no finite duration of the exam preparation. They are worried that the amount of time they spent on exam preparation does not come to a good end. Nevertheless, I can assure you that regardless of the result, it will be worth the time spent. On a survey conducted by the Financial Supervisory Service, generally, it takes 3 to 4 years to pass the CPA exam. CPA preparation will be a great way to start off careers other than the accountant, so I would strongly suggest you prepare for the CPA exam. CPA is highly applicable to other professional areas.   Professor Han Sang Yi |   You know how accounting is often referred to as the language of business. I think it would be nice for any individuals to have some levels of accounting background, especially those in business, law or other public sectors. Accounting is crucial in the capitalist society – it is the foundation of decision making, performance evaluation and the distribution of resources. Moreover, people pay more attention to STEM these days (Science, Technology, Engineering, Mathematics). I guarantee you will not lose anything by studying accounting and statistics.    
Mar 28, 2018
“Apply for Global MBA Now”
“Apply for Global MBA Now”   Korea University Business School’s Global MBA (GMBA) has a growing reputation as one of the best MBA in Asia. <MY KUBS> met Oliver Hanearl Yi, Hyo-Jin Chang, and Mohit S. Gill to hear their stories at Global MBA.      Q. What was the reason that you chose to study MBA at Korea University? Oliver |  I finished my undergraduate study in the U.S., and I came here to start my MBA to learn business studies in depth that is applicable to my career. I wanted to come study in South Korea because of my Korean background.    Hyo-Jin |  while working in the marketing industry, I wanted to study other disciplines of business studies. After doing my research, I applied to the renowned MBA program at Korea University.   Mohit |  I studied marketing back in Canada. I wanted to learn business administration in depth so that I can pursue more specialized career. Thinking that Korea University offers distinguished quality of teaching, I came to Korea University.     Q. Studying at Korea University, what do you think is the best thing about GMBA? Oliver |  I was pretty impressed by the strong bond you build between students, and with alumni. If a strong network is something you are looking for, I would suggest you to definitely choose GMBA.   Hyo-Jin |  I am aware that MBA programs in general take up to two years. Korea University GMBA, however, is a one-year course, so I am sure an intensive one-year program is very efficient time-wise.   Mohit |  During the program you take 6 modules in a year. It is intensive but quite rewarding too. I would also like to point out the fact that we can take specialized courses from Module 4.     Q. What do you think is the most important factor to take into account when choosing a MBA program? Oliver |  Definitely the duration of ‘time’ you want to invest on your study. Generally, people who consider enrolling in a MBA already have professional experience, so the duration up to 2 years can be a long time. In addition, I think ‘quality of teaching’ is another important factor too.   Hyo-Jin |  If you are thinking of taking a MBA program, I would suggest 3 things to consider: ‘time’, ‘effort’, and ‘cost’. Since GMBA is a full-time program, you will need to quit your job to study. That is one whole year of studying so you do not want to waste any minute of it. I guess it is important to also keep in mind that you need to build a network with other students and focus on your study at the same time. When I was doing my research on MBA programs, I found that GMBA is cost and time efficient than MBAs at overseas institutions in general. So I think it is important to choose a program that is reasonable in many aspects.   Mohit |  I think it is important to focus on what you want to achieve from studying MBA. For example, I wanted to learn practical knowledge that is applicable to my professional experience, rather than focusing on theoretical aspects. That was one of the reasons why I came to KUBS, and I am pretty satisfied with learning about sales and marketing strategies of corporations in Korea.     Q. Could you briefly share your plan after graduation? Oliver |   I am thinking of going back to America joining the family business, or I would like to find something in South Korea. I am looking for a career in entertainment or cosmetic industry.   Hyo-Jin |   I would like to work at foreign affiliated companies. I used to work in marketing, but while studying I thought business strategy or finance might be interesting too.   Mohit |   My goal is to work at multinational corporations. I am looking forward to work in Asian market. I prefer Korean companies that has overseas branch, but I think a career in Japan, China, or Singapore would be great too. I am pursuing a career in brand marketing.     Q. Could you please give a last advice to our readers who are considering GMBA? Oliver |   I would strongly suggest you to keep an open mind; it is always nice to try new things. I guarantee it will be a great opportunity to meet and network with others.   Hyo-Jin |   If you are thinking of studying MBA, stop thinking and make your application. You will be able to experience a very unique and interesting culture during your study at Korea University too.   Mohit |   I recommend GMBA at Korea University because apart from anything else, you can build a strong connection in Korea. If you would like to engage in Korean culture while you study, it is Korea University you need to apply to.
Mar 22, 2018
[Interview with a PhD Holder] “Strong Support from KUBS’s Excellent Research Environment and Network”
Interview with a PhD Holder  “Strong Support from KUBS’s Excellent Research Environment and Network”  Dr. Eun-Mi Kim (International Business '13)     Dr. Eun-Mi Kim, a PhD holder from KUBS (Academic Advisor=Professor Insik Jeong) has been appointed a full-time academic staff at Pusan National University. Below is the interview held with Dr. Kim.   Q. Could you tell us why you decided to start your postgraduate study? From my undergraduate years I have always wanted to study postgraduate degree, unlike friends of mine who were looking for job opening at companies. I wanted to work at universities to do my research, hopefully support student’s research one day, and assist student’s career paths as well. I chose International Business based on my undergraduate study and overseas company visit experiences. At the end of the first year of my postgraduate study, I transferred to integrated MS/PhD program to continue my study.   Q. What is good about doing your postgraduate study at universities in South Korea? I think the best thing about doing your master’s or doctor’s degree in South Korea is the strong network you can build during your study. It gives you a great support like when cooperating on your thesis. Also if you attend conferences, you can meet and network with professors from universities in Korea, which will be a great help in your academic life.   Q. What were the benefits of doing your postgraduate study at Korea University Business School, in particular? In many ways, actually. First off, I have had brilliant professors I can look up to, both academically and personally. Also KUBS provides the most updated facilities and learning resources available in South Korea. In addition, the School have a range of scholarships available to candidates, some of them offer candidates’ living fee during the study as well. Thanks to the scholarship support I was able to complete my study, putting aside financial issues. The School’s funding for international symposium once a year also gave me great chances to broaden and improve my research.   Q. What was the biggest obstacle you had to overcome during your PhD study? And how did you cope with the difficulties? I am sure it is the same for all PhD candidates: working on your thesis. As I went through editing, I got more and more skeptical about the whole idea, feeling doubtful. You get afraid of meetings with academic advisors and the academic board, but for me thankfully, they were the ones who gave me the greatest support and help. They encouraged me and gave me useful advice every time I am in trouble. I would like to thank them again.   Q. What do you think was the biggest factor in your appointment as an academic staff? I would say it’s the research performance. It varies with institutions but generally your performance is determined by quantitative and qualitative assessments. So basically you are good to go, if you could maintain above 300% of your research performance for 3 years, and publish your works on SSCI journal. If you could check Hibrain.net regularly and be familiar with the requirements, you should be able to reach your goal.   Q. Could you give a last advice to undergraduate students who pursue an academic career? I would suggest you to consider a broad range of career paths, not limited to academic staffs. I know many of you might be comparing the opportunity cost of studying for a long period. However, I can assure you that in the long run you can’t be worse off, because you end up with a career that is stable and allows you to do your own research. I highly recommend you to take a postgraduate degree. I know brilliant professors here are willing to support you during your study.  
Mar 22, 2018