Korea University Business School

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Korea University Business School
고려대학교 경영대학
Korea university business school logo.png
EstablishedMay 5, 1905
DeanProf. Soo Young Kwon
Academic staff
PostgraduatesMBA (610) MS (109) PhD (36)
Websitebiz.korea.ac.kr/en/, biz2.korea.ac.kr
Korea University Business School
고려대학교 경영대학
Revised RomanizationGoryeo Daehakgyo Gyeong-yeong Daehak
McCune–ReischauerKoryŏ Taehakkyo Kyŏngyŏng Daehak

Korea University Business School (hereafter called KUBS) is the business school of Korea University in Seoul, South Korea. KUBS was the first university department in Korea not only to open its doors to business studies but also to introduce western-style business studies to Korea. The school offers an undergraduate program, full-time and part-time MBA programs, MS/PhD programs, as well as few other non-degree programs. KUBS received Korea's first accreditation from AACSB in 2005 and EQUIS in 2007, respectively.


Bosung College, the prototype of Korea University, was established in 1905 initially with the commerce and law faculty. One of Korea's best and oldest tertiary education institutions, Korea University was founded by Lee Yong-Ik, Treasurer of the Royal Household. As an academic institution of nationalistic origin, it was regarded as a symbol of national pride during the colonial period (1910-1945) (see Korea under Japanese rule). Following Independence in 1945, the status of Bosung College was elevated to that of a university encompassing three colleges: Political Science and Law, Economics and Commerce, and Liberal Arts (see Korean independence movement).

KUBS became a separate administrative unit in 1946, becoming the first business school established in Korea with such a long history. In 1963, the college commenced its KMBA (Korean MBA), which is the first MBA program commenced in Korea. Since its establishment and developments over the years, KUBS has been the pioneer of business education and research in Korea.

Accreditations and Rankings[edit]

In 2005 and 2007, KUBS is accredited by AACSB and EQUIS respectively. The school is the first business school granted each accreditation.[citation needed]

In 2017 Top 100 Executive MBA rankings by Financial Times, UK,[1] KUBS's Executive MBA placed first in Korea, 20th in the world. In the 2018 QS World University Rankings, Korea University is ranked 47th for Business & Management and 46th for Accounting & Finance.[2] In addition, the school's MBA ranked the top in Korea on the annual report by the Korea Economic Daily Business for 6 straight years. KUBS also placed 68th in the 2018 Times Higher Education World University Rankings for business and economics subjects.[3] The school achieved the ranking of 98th by the 2018 Best Global Universities for Economics and Business by U.S. News, out of the world's top 1,250 universities.[4] In the 2017 KUBS Worldwide Business Research Rankings by the Center for Business Research Analytics, KUBS placed 71st for their research performance.[5]

Degree Programs[edit]


Over 65% of the courses in the business school are taught in English. As of March 2018, the number of undergraduate students at the business school is 2,336 including 1,839 domestic and 497 international students.


The MS program offers business education in eight different areas under the Department of Business Administration and Department of International Business. Over 80% of courses are taught in English.[6]


The PhD program offers a curriculum for prospective academic researchers in ten distinct areas. The school provides financial support for doctoral students by granting a variety of assistantships and scholarships.[7]

Master of Business Administration (MBA)[edit]

Global MBA[edit]

The G-MBA is an intensive one-year full-time program designed for candidates with a minimum of bachelor's degree and professional business experience. Candidates may earn an MBA degree from KUBS or a dual degree from one of the partner schools.[8]

Global MIM (CEMS)[edit]

The program allows students to spend one semester abroad at a CEMS partner institute or participate in an international internship.[9]

S3 Asia MBA[edit]

The program is a one-and-a-half-year program during which candidates spend each semester at three universities in three countries in Asia. A minimum requirement for admission includes a bachelor's degree and at least two years of full-time work experience. Candidates graduate with two degrees, one from KUBS and the other from either Fudan University, China or National University of Singapore.[10]

Executive MBA[edit]

EMBA is designed for current executives and CEOs with more than 10 years of professional experience. EMBA is a two-year weekend program for advanced and specialized knowledge and skills in business practice.[11]

Finance MBA[edit]

The program is a two-year evening program focused on theoretical and practice of finance.[12]

Korea MBA[edit]

KMBA is a two-year evening program designed for mid-level managers with a few years of working experience. Admission is open for candidates who are currently working.[13]

Special Academic Programs[edit]

Advanced Management Program (AMP)[edit]

The program is designed for executives and CEOs who pursue practical and field-based business and corporate education.[14]

Management Studies Program (MSP)[edit]

Offered in once-a-week class, the program provides a range of special lectures and discussions throughout diverse disciplines including humanities, arts and health science for senior leaders with experience.[15]

Global Partnerships[edit]

As of April 2018, KUBS has exchange partnerships with 121 universities from 33 countries where students have the opportunity to participate in the exchange program. The list of partner universities includes; [North America] Ross School of Business, University of Michigan, Washington University in St. Louis, the U.S., the University of British Columbia,McGill University, Canada, [Europe] IE University, Spain, Bocconi University, Italy, [Asia] Fudan University, Tsinghua University,China and National University of Singapore, Singapore.

As a member of CEMS, the Global Alliance in Management Education, the school has 31 CEMS Alliance partner schools including the London School of Economics and Political Science, UK and the HKUST Business School, Hong Kong.

In addition, KUBS currently students have the opportunity to participate in an internship at partner companies across the world. Since 1994, a total of 1,941 students have interned overseas through KUBS Global Internship program and received academic credits.

Student Support[edit]

Special alumni events[edit]

The school offers social events by inviting current students and alumni, such as KUBS Alumni Night, Student-Alumni Mentoring Day, MBA Alumni Homecoming Day, and so on.

Startup Institute[edit]

KUBS runs the Startup Institute that provides a wide range of assistance for current and prospective entrepreneurs launching a startup. The institute has two support centers, Iljin Center for Startup Incubation and Seung Myung-Ho Center for Entrepreneurship Education. Seung Myung-Ho Center regularly opens ‘Startup Express’ which is a competition for the entry into the institute. Participants compete for financial support by the startup institute. Iljin Center holds a startup demo day event ‘Choo Choo Day’ where KUBS startup teams present their business ideas to academics and potential investors.

CPA Preparation Program, Jeongjincho (精進礎)[edit]

KUBS runs the largest CPA preparation study group in Korea. Jeongjincho offers a variety of learning materials including textbooks and lectures. The study group also has the opportunity to meet with alumni who passed CPA and currently work for major accounting firms.

Civil Service Entrance Examination Preparation Program, Takmajeong (琢磨停)[edit]

With its exclusive study space, Takmajeong offers a range of assistance for the preparation of Civil service entrance examination. The program provides mock PSAT exams and lecture materials to encourage an outstanding outcome in the exam.

Notable alumni[edit]

KUBS has a strong alumni network throughout industries.

  • Chung Mong-Jin, CEO and President of KCC Corporation
  • Chung Mong-Won, Chairman of Halla Corporation
  • Chung Mong-gyu, Chairman of Hyundai Development Company Group
  • Chung Eui-sun, Vice Chairman of Hyundai Motor Company
  • Euh Yoon-dae, Former Chairman of KB Financial Group
  • Huh Chang-soo, Chairman of GS Holdings Group
  • Kim Seungyu, Former Chairman & CEO of Hana Financial Group
  • Koo Bon-neung, Chairman of Heesung Group
  • Koo Ja-yeol, Chairman and CEO of LS Partnership
  • Koo Ja-Yong, Chairman and CEO of E1 Corporation
  • Lee Hak-Su, Former Vice Chairman of Samsung Electronics
  • Lee Woong Yeul, Chairperson of KOLON
  • Na Wan-Bae, Former CEO of GS Energy Corporation
  • Park Hyeon-Joo, Chairman of Mirae Asset Financial Group
  • Seung Myung-Ho, Chairman and CEO of Dongwha Enterprise Co. Ltd.
    KUBS Main Building


KUBS offers educational facilities in three buildings, KUBS Main Building, LG-POSCO Building, and Hyundai Motor Hall.

KUBS Main Building[edit]

Built on 1972, the building was recently renovated with the establishment of KUBS Startup Institute.

LG-POSCO Building

LG-POSCO Building[edit]

It was built in commemoration of the 100th anniversary of Korea University.

Hyundai Motor Hall[edit]

Built in 2013.

Hyundai Motor Hall

Campus Life[edit]

The Granite Tower Festival (Seoktap festival)

The Granite Tower Festival (Seoktap Daedongje)[edit]

Commenced in 1962, the Granite Tower Festival is the University's annual festival held for students, faculty members, alumni as well as the local community. “Ipselenti” – Cry of “Ji Ya” is a cheerleading routine performed at the end of Seoktap Daedongje festival. Attendants sing the University's cheering theme songs and dance along the routine. Professional singers are invited for performance as well. “Ipselenti” is a part of the University's slogan that has been used since the establishment of Bosung College, “Ji” and “Ya” are each short for Jiseong (Wisdom) and Yaseong (Wildness).

Korea-Yonsei Friendship Games (Ko-Yon-Jeon)[edit]

Korea-Yonsei Friendship Games (Ko-Yon-Jeon)

Ko-Yon-Jeon is an annual event that has been held every year since 1927.

Korea University and Yonsei University are the two private universities in Korea. It is one of the tradition of the Korea University–Yonsei University rivalry that each year they open a range of sports games including rugby, baseball, basketball, and ice hockey. The games invite students from both universities, where the audience watch the competition between the two institutions.

4.18 Marathon[edit]

4.18 Marathon

On April 18, 1960, 3,000 Korea University students stood up against the injustice and dictatorship of the Liberal game. After reading a declaration denouncing President Syngman Rhee, Korea University students headed to the National Assembly Building and were assaulted by political hoodlums after the protest. This assault triggered anger and frustration among fellow students as well as the public which cause the historic event known as the April Revolution (4.19). To commemorate this historic event and to continue the will of the brave Korea University students of the past, every year on April 18 students run a marathon from the main gate of the school to the April 19th Memorial Grave Site in Suyu and pay their respects to the martyrs of the democratization of Korea.

International Student Festival (ISF)[edit]

ISF is an annual autumn festival for international students to promote aspects of their home country. The festival provides an opportunity for international students to interact with one another in order to build understanding and communication between different cultures. Over 500 students from more than 20 countries represent their country and culture through food, performance, and handcrafts in their booths.

See also[edit]


  1. ^ "2017 FinancialTimes Top 100 Executive MBA rankings".
  2. ^ "2018 QS World University Rankings".
  3. ^ "2018 Times Higher Education World University Rankings for business and economics subjects".
  4. ^ "2018 Best Global Universities for Economics and Business by U.S. News".
  5. ^ "2017 KUBS Worldwide Business Research Rankings by the Center for Business Research Analytics".
  6. ^ "KUBS MS Program".
  7. ^ "KUBS PhD Program".
  8. ^ "KUBS G-MBA".
  9. ^ "KUBS Global MIM".
  10. ^ "KUBS S3 Asia MBA".
  11. ^ "KUBS Executive MBA".
  12. ^ "KUBS Finance MBA".
  13. ^ "KUBS Korea MBA".
  14. ^ "KUBS Advanced Management Program".
  15. ^ "KUBS Management Studies Program".

Coordinates: 37°35′36″N 127°02′48″E / 37.59342°N 127.04680°E / 37.59342; 127.04680