Business Management and Finance Courses in South Korea

Look for the Bachelor, Master and PhD Business Management and Finance Courses in South Korea....

Standyou Team
Standyou Team

Dec 18, 2023 08:59:23

Top Business Management and Finance Courses in South Korea for International Students

  1. Seoul National University (SNU) - College of Business Administration

    • Offers programs in Business Administration, Finance, and related fields.

    • Renowned for its strong academic curriculum and research opportunities.

  2. Korea Advanced Institute of Science and Technology (KAIST) - Business School

    • Known for its innovative and technology-driven approach to business education.

    • Offers specialized programs in Finance, Information & Media MBA, Green Growth MBA, etc.

  3. Yonsei University - School of Business

    • Offers a range of undergraduate and graduate programs in Business Administration, Finance, and Accounting.

    • Known for its global perspective and strong alumni network.

  4. Korea University Business School (KUBS)

    • One of the leading business schools in Asia.

    • Offers comprehensive programs in Business Administration and Finance, including an MBA program.

  5. Sungkyunkwan University (SKKU) - Business School

    • Offers diverse programs with a focus on global business trends and practices.

    • Notable for its partnership with Samsung and other leading Korean corporations.

Popular Courses for International Students

  • MBA Programs: Focused on global business management, technology management, and entrepreneurship.

  • Master's in Finance: Covering areas like corporate finance, investment banking, and financial markets.

  • Bachelor's in Business Administration: Offering a broad understanding of business principles, management, marketing, and economics.

  • Specialized Master’s Programs: Such as International Business, Marketing, and Accounting.

Language of Instruction

  • Many universities offer programs in English, especially at the graduate level, making them accessible to international students.

  • Some undergraduate programs may require proficiency in Korean.

Admission Requirements

  • Undergraduate: High school diploma, language proficiency (TOEFL/IELTS for English programs, TOPIK for Korean programs), and sometimes standardized test scores (SAT/ACT).

  • Graduate: Bachelor’s degree, professional resumes, GMAT/GRE scores, language proficiency, and work experience (especially for MBA programs).

Scholarships and Financial Aid

  • Universities offer scholarships for international students, which may include tuition waivers and living stipends.

  • Government scholarships like the Global Korea Scholarship (GKS) are also available for eligible students.

Career Prospects

  • Graduates can pursue careers in international business, finance, consultancy, marketing, and more within the robust Korean economy or globally.

MBA (Master of Business Administration) in South Korea

MIM (Master of Management) in South Korea

MHTM (Master of Hospitality and Tourism Management) in South Korea


Business Management and Finance Universities in South Korea for International Students

1. Seoul National University (SNU) - College of Business Administration

  • Programs: Offers undergraduate, master's, and PhD programs in Business Administration and Finance.

  • Highlights: Known for its rigorous academic curriculum, strong research focus, and excellent faculty.

2. Korea Advanced Institute of Science and Technology (KAIST) - Business School

  • Programs: Renowned for its MBA programs, including specialized tracks like Finance MBA, Social Entrepreneurship MBA, and Techno MBA.

  • Highlights: Combines technology and business education, making it unique for finance and management studies.

3. Yonsei University - School of Business

  • Programs: Provides a range of programs in Business Administration, with options for specialization in various fields including finance.

  • Highlights: Offers global exposure and networking opportunities, with a focus on both theoretical and practical aspects.

4. Korea University Business School (KUBS)

  • Programs: One of the leading business schools in Asia, offering diverse undergraduate and graduate programs in business and finance.

  • Highlights: Known for its strong alumni network and connections with the industry.

5. Sungkyunkwan University (SKKU) - Business School

  • Programs: Offers a variety of business and finance-related programs, including Global Business Administration.

  • Highlights: Focuses on cultivating global business leaders, with partnerships in industry and academia.

6. Hanyang University - School of Business

  • Programs: Provides comprehensive education in business and finance, including specialized MBA programs.

  • Highlights: Emphasizes entrepreneurship and innovation.

Language of Instruction

  • Many programs, especially at the graduate level, are offered in English to cater to international students. However, having some proficiency in Korean can be beneficial for personal and professional reasons.

BA (Bachelor of Arts) in South Korea

BHTM (Bachelor of Hospitality and Tourism Management) in South Korea

100+Universities in South Korea


Best Business Schools in South Korea

1. Seoul National University (SNU) Business School: SNU is one of the most prestigious universities in Korea. Its business school is renowned for its rigorous academic programs, distinguished faculty, and strong connections with the corporate world.

2. Korea Advanced Institute of Science and Technology (KAIST) Business School: KAIST is well-known for its focus on technology and innovation. Its business school integrates these strengths into its MBA and other business programs, making it unique among its peers.

3. Yonsei University School of Business (Yonsei SBC): Yonsei is part of the prestigious SKY universities in Korea and is known for its comprehensive business education, offering a range of undergraduate, MBA, and other graduate programs.

4. Korea University Business School (KUBS): Also a member of the SKY universities, KUBS is recognized for its strong alumni network and its focus on real-world business skills and global perspectives.

5. Sungkyunkwan University (SKKU) Business School: SKKU, in collaboration with MIT Sloan School of Management, offers unique programs that blend Eastern and Western business practices. Its innovative curriculum and international focus make it a standout choice.

6. Hanyang University Business School: Known for its entrepreneurial spirit, Hanyang offers programs that emphasize innovation, startup culture, and practical business skills.

7. Pohang University of Science and Technology (POSTECH) School of Business: While POSTECH is primarily known for its strengths in science and technology, its business school is gaining recognition for its specialized programs that integrate these areas with business education.

8. Ewha Womans University School of Business: As one of the top women's universities in the world, Ewha's business school offers a unique perspective on business education and leadership, with a strong focus on empowering female leaders.

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Scholarship to Study Business Management and Finance in South Korea

1. Korean Government Scholarship Program (KGSP): This comprehensive scholarship, also known as the Global Korea Scholarship (GKS), is offered by the Korean government. It covers tuition, airfare, a living stipend, and language courses. The scholarship is available for both undergraduate and graduate studies, including business and finance programs.

2. University-Specific Scholarships: Many South Korean universities offer scholarships specifically for international students. These can include tuition waivers, living stipends, or full scholarships. For instance, Seoul National University, Yonsei University, Korea University, and others have their own scholarship programs for foreign students.

3. Seoul National University Global MBA Scholarships: For those interested in an MBA, SNU offers various scholarships for its Global MBA program, including ones based on merit and need.

4. KAIST International Student Scholarship: KAIST provides scholarships to international students which can cover full tuition and a living stipend. This is available for business management and finance programs as well.

5. Korean Advanced Institute of Science and Technology (KAIST) Business School Scholarships: For students applying to KAIST Business School, there are scholarships that may cover partial or full tuition.

6. Yonsei University Scholarships for International Students: Yonsei offers a range of scholarships for international students, including those applying to business and finance programs.

7. Korea University Business School Scholarships: KUBS offers various scholarships for its MBA and other business-related programs.

8. Private and Corporate Scholarships: Some private companies and foundations in South Korea offer scholarships for international students, often with specific criteria or for certain areas of study.

9. External Scholarships: Look for scholarships offered by organizations in your home country or international foundations that support studies abroad.


Bachelor in Business Management and Finance Courses in South Korea

1. Seoul National University (SNU): SNU's College of Business Administration is highly regarded. It offers a comprehensive curriculum covering various aspects of business and finance.

2. Korea University (KU): The Business School at Korea University is known for its strong focus on practical skills and industry connections. They offer courses in business management, finance, and related fields.

3. Yonsei University: Yonsei's Underwood International College (UIC) offers a Business Administration major with a broad range of courses that often include finance and management.

4. Sungkyunkwan University (SKKU): The SKKU Business School provides an innovative education in business and finance, incorporating modern trends and global perspectives.

5. Hanyang University: Known for its entrepreneurial spirit, Hanyang offers programs in business and finance that emphasize innovation and practical skills.

6. Ewha Womans University: Ewha's School of Business is a great option, especially if you're interested in a diverse and inclusive learning environment. They offer comprehensive programs in business and finance.

Key Features of These Programs

  • Curriculum: The courses typically cover a wide range of topics, from basic principles of economics and finance to advanced business strategies and international business management.

  • Language of Instruction: While many programs are offered primarily in Korean, an increasing number of universities offer courses or even entire programs in English, especially at institutions like Yonsei's UIC.

  • International Focus: Many programs have a strong international orientation, preparing students for global business environments. This includes opportunities for exchange programs and internships abroad.

  • Practical Experience: South Korean universities often emphasize practical experience, including internships, case studies, and projects in collaboration with local and international companies.

  • Technology Integration: Given South Korea's strong position in technology and innovation, many programs incorporate these aspects into their business and finance curricula.

Benefits of Studying in South Korea

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Master in Business Management and Finance Courses in South Korea

Notable Universities and Programs

1. Seoul National University (SNU): SNU's Business School offers several Master's programs, including an MBA and specialized Master's degrees in areas like finance. These programs are known for their academic rigor and strong industry connections.

2. Korea Advanced Institute of Science and Technology (KAIST): KAIST Business School has a strong reputation, particularly for its MBA program which often includes finance and management tracks. Their focus on technology and innovation is a significant advantage.

3. Yonsei University: The Yonsei School of Business offers various graduate programs, including an MBA with options for specialization in areas like finance and strategic management.

4. Korea University Business School (KUBS): KUBS is known for its comprehensive MBA programs and also offers specialized Master's programs in business and finance. They have a strong focus on global business trends and practices.

5. Sungkyunkwan University (SKKU): SKKU, in collaboration with MIT Sloan, offers innovative graduate programs in business management and finance, blending Eastern and Western business practices.

6. Hanyang University: Hanyang’s MBA and other Master's programs in business and finance are recognized for their practical and industry-relevant approach.

Key Features of Master's Programs in South Korea

  • Curriculum: These programs typically cover advanced topics in business management, finance, international business, marketing, and more. There is often a strong emphasis on global business trends, technological integration, and practical skills.

  • Language: Many programs are available in English, making them accessible to international students.

  • Duration: Most Master’s programs in South Korea, including MBAs, are typically 1.5 to 2 years long.

  • International Perspective: Programs often include a global perspective, sometimes offering opportunities for exchange semesters or internships abroad.

  • Corporate Connections: South Korean universities maintain strong connections with the business industry, providing valuable networking opportunities and real-world experience through internships and corporate projects.

  • Research Opportunities: For those interested in research, many programs offer opportunities to engage in cutting-edge research, particularly in fields where South Korea is a global leader, like technology and innovation.

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PhD in Business Management and Finance Courses in South Korea

Notable Universities for PhD Programs

1. Seoul National University (SNU): SNU's PhD programs in business and finance are highly respected and focus on in-depth research and academic excellence. They offer a conducive environment for research in various business disciplines.

2. Korea Advanced Institute of Science and Technology (KAIST): KAIST Business School is renowned for its research-oriented approach, especially in areas where business intersects with technology and innovation.

3. Yonsei University: The Yonsei School of Business offers PhD programs that are research-intensive and designed to prepare students for academia or research-oriented industry positions.

4. Korea University Business School (KUBS): KUBS is known for its strong research output, particularly in finance and management. Their PhD programs are designed to develop high-level expertise in these fields.

5. Sungkyunkwan University (SKKU): SKKU offers a rigorous PhD program with a focus on producing high-quality research. Their programs often include collaborations with international scholars and institutions.

6. Hanyang University: Hanyang's PhD programs in business and finance emphasize innovative research and practical application, aligning with South Korea's dynamic business environment.

Key Features of PhD Programs

  • Research Focus: These programs are heavily research-oriented, with students expected to contribute original work to their field of study.

  • Duration: A PhD program in South Korea typically takes 3-5 years to complete, depending on the research topic and the student’s progress.

  • Curriculum: While there are coursework requirements, the primary focus is on dissertation research. Coursework often includes advanced topics in business theory, quantitative methods, and specialized areas within management and finance.

  • Language: Programs are often available in English, especially in universities that actively recruit international students.

  • Funding and Scholarships: Many PhD students receive funding through scholarships, research assistantships, or teaching assistantships, which typically cover tuition and provide a living stipend.

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Eligibility Criteria for Business Management and Finance Course Program in South Korea

Bachelor’s Programs

  1. Educational Background: Completion of secondary education (high school) or equivalent.

  2. Academic Performance: Good academic standing; some competitive programs may require a high GPA or specific grades.

  3. Language Proficiency:

    • For programs taught in English: TOEFL, IELTS, or equivalent English language proficiency test scores.

    • For programs taught in Korean: TOPIK (Test of Proficiency in Korean) score, usually level 3 or higher.

  4. Standardized Tests: Some universities may require SAT, ACT, or equivalent test scores.

  5. Application Materials: High school transcripts, letters of recommendation, a personal statement or essay, and sometimes a portfolio or additional assessments.

Master’s Programs

  1. Educational Background: A bachelor’s degree in a relevant field from an accredited institution.

  2. Academic Performance: A good undergraduate GPA; specific requirements vary by program.

  3. Work Experience: Not always mandatory, but beneficial for MBA or certain specialized programs.

  4. Language Proficiency:

    • For English-taught programs: TOEFL, IELTS, or equivalent.

    • For Korean-taught programs: TOPIK score, usually level 3-4 or higher.

  5. Entrance Exams: GMAT or GRE scores are often required for business-related programs.

  6. Application Materials: Undergraduate transcripts, CV/resume, letters of recommendation, statement of purpose, and sometimes a research proposal.

PhD Programs

  1. Educational Background: A Master’s degree in a related field, although some programs accept outstanding students directly from a Bachelor’s program.

  2. Academic Performance: High academic standing in previous university-level studies.

  3. Research Proposal: A well-developed research proposal aligned with the interests of faculty at the institution.

  4. Language Proficiency:

    • For English-taught programs: TOEFL, IELTS, or equivalent.

    • For Korean-taught programs: TOPIK score, often level 4 or higher.

  5. Application Materials: Master’s degree transcripts (and Bachelor’s if applicable), CV, letters of recommendation, a statement of purpose, and sometimes publications or other proof of research ability.

  6. Entrance Exams: GMAT or GRE scores may be required, depending on the program.


Intakes & Application Deadlines Business Management and Finance Course in South Korea

Spring Intake

  • Application Period: Usually from September to November in the preceding year.

  • Commencement of Classes: Typically in March.

Fall Intake

  • Application Period: Often from May to June in the same year.

  • Commencement of Classes: Generally starts in September.

Specifics to Consider:

1. Exact Dates: The exact application dates can vary by university and program. It's crucial to check the specific deadlines on the university's official website or contact the admissions office directly.

2. Early Admission: Some universities offer an early admission process, especially for competitive programs. This can occur several months before the regular application period.

3. Rolling Admissions: A few institutions may have rolling admissions, where applications are accepted and reviewed throughout the year until all spots are filled.

4. MBA and Specialized Programs: For MBA and other specialized Master’s programs, the application timelines might differ slightly. For instance, MBA programs may have their own distinct application rounds.

5. PhD Programs: Admission to PhD programs can be more flexible, often depending on the availability of supervisors and research projects. However, aligning with the general university intake periods is common.


Fees for Business Management and Finance Courses in South Korea

Undergraduate Programs

1. Public Universities: The average tuition fee at public universities in South Korea is generally between 2,000 to 4,500 USD per semester. Seoul National University, for example, charges about 2,000 to 3,000 USD per semester for undergraduate programs.

2. Private Universities: Private institutions typically charge higher fees. The tuition can range from 3,000 to 7,000 USD per semester, depending on the university and program. Universities like Yonsei, Korea University, and Sungkyunkwan often fall into this range.

Master’s Programs

1. Public Universities: Graduate programs at public universities usually cost between 2,500 to 5,000 USD per semester. These fees can vary based on the specific program and university.

2. Private Universities: Tuition fees for master's programs in private universities can range from 4,000 to 10,000 USD per semester. Business-related programs, especially MBAs, might be at the higher end of this spectrum.

PhD Programs

1. Public Universities: The fees for PhD programs are similar to those of master’s programs, ranging from around 2,500 to 5,000 USD per semester.

2. Private Universities: PhD tuition can range from 4,000 to 10,000 USD per semester, similar to the master’s programs.

Additional Considerations

  • Variable Costs: Specific courses, especially specialized or executive programs, can have different fee structures.

  • Scholarships and Financial Aid: Many universities offer scholarships that can partially or fully cover tuition fees, especially for international students.

  • Living Expenses: Besides tuition, consider the cost of living in South Korea, including accommodation, food, transportation, and other personal expenses. This can vary greatly depending on the city and lifestyle but generally ranges from 700 to 1,500 USD per month.

  • Other Fees: There might be additional fees for application, registration, or use of university facilities.