1. Academic Excellence: South Korea has a strong reputation for its academic institutions, and many universities in the country rank highly in global university rankings. Korean universities often offer high-quality education, rigorous coursework, and experienced faculty members, ensuring that students receive a solid foundation in management principles and practices.
2. Global Recognition: South Korean degrees, including MIM programs, are recognized worldwide. Korean universities have developed international partnerships with prestigious institutions, enabling students to enhance their global networks and increase their career prospects.
3. Strategic Location: South Korea's geographical location in East Asia places it at the crossroads of economic activities, serving as a gateway to the Asian market. This strategic location provides MIM students with unique opportunities to gain insights into the dynamic business environment of the region and engage with multinational corporations operating in Asia.
4. Technological Advancement: South Korea is renowned for its advancements in technology, particularly in the fields of information technology, electronics, and telecommunications. By studying in South Korea, MIM students can be exposed to cutting-edge technologies, innovation-driven industries, and entrepreneurial ecosystems, providing them with a competitive edge in the job market.
5. Cultural Experience: South Korea offers a rich cultural experience with a blend of traditional heritage and modern influences. Living and studying in South Korea allows MIM students to immerse themselves in the Korean way of life, appreciate its unique traditions, and develop cross-cultural competencies, which are highly valued in today's globalized business environment.
6. Job Opportunities: South Korea has a robust economy with numerous multinational companies and thriving industries such as automotive, electronics, entertainment, and cosmetics. Completing an MIM program in South Korea can provide students with access to a wide range of job opportunities, both within the country and internationally, especially considering the strong presence of Korean corporations in global markets.
7. Scholarships and Financial Support: Many South Korean universities offer scholarships and financial support programs specifically designed for international students. These funding opportunities can help alleviate the financial burden of pursuing a master's degree and make studying in South Korea more affordable.
University |
Specialization |
Course Duration |
Approximate Fees (in KRW) |
|---|---|---|---|
|
Seoul National University |
Business Administration |
2 years |
4,800,000 - 6,000,000 |
|
KAIST Business School |
Management Science |
2 years |
4,500,000 - 6,000,000 |
|
Yonsei University School of Business |
Global Strategy & Leadership |
2 years |
5,500,000 - 6,500,000 |
|
Korea University Business School |
International Business |
2 years |
5,000,000 - 6,500,000 |
|
Sungkyunkwan University Business School |
Marketing |
2 years |
4,500,000 - 6,000,000 |
|
Hanyang University Business School |
Entrepreneurship & Innovation |
2 years |
4,000,000 - 6,000,000 |
|
Sogang University Business School |
Operations Management |
2 years |
4,500,000 - 5,500,000 |
|
Ewha Womans University School of Business |
Human Resource Management |
2 years |
4,000,000 - 5,500,000 |
1. Spring Intake: The Spring intake usually begins in March or April. The application period for Spring intake typically falls between September and November of the previous year. Admitted students commence their studies in the following Spring semester.
2. Fall Intake: The Fall intake typically starts in September or October. The application period for Fall intake generally falls between March and May of the same year. Admitted students begin their studies in the upcoming Fall semester.
University |
Course Specializations |
QS World Ranking |
|---|---|---|
|
Seoul National University |
Business Administration, Global Business |
37 |
|
KAIST Business School |
Management Science, Techno-MBA |
40 |
|
Yonsei University School of Business |
Global Strategy & Leadership, Finance |
51-100 |
|
Korea University Business School |
International Business, Marketing |
51-100 |
|
Sungkyunkwan University Business School |
Marketing, Finance |
101-150 |
|
Hanyang University Business School |
Entrepreneurship & Innovation, Finance |
151-200 |
|
Sogang University Business School |
Operations Management, Marketing |
151-200 |
|
Ewha Womans University School of Business |
Human Resource Management, Marketing |
201-250 |
|
Kyung Hee University Graduate School of Business |
Strategic Management, Financial Management |
251-300 |
|
Hanyang University ERICA Campus Business School |
Marketing, Finance |
251-300 |
1. Public Universities: Tuition fees for MIM programs at public universities in South Korea typically range from approximately 4,000,000 KRW to 6,500,000 KRW per year for international students. However, some universities may offer scholarships or discounted rates for outstanding students.
2. Private Universities: Tuition fees for MIM programs at private universities in South Korea generally range from approximately 6,000,000 KRW to 12,000,000 KRW per year for international students. Private universities often have higher tuition fees compared to public universities.
3. Scholarships and Financial Aid: Many universities in South Korea offer scholarships and financial aid programs specifically for international students, which can help reduce the overall cost of tuition. These scholarships may be based on academic merit, financial need, or other criteria. It's advisable to check the university's website or contact their admissions office to inquire about available scholarships and financial aid options.
Expense |
Approximate Cost (per year in KRW) |
|---|---|
|
Tuition Fees |
4,000,000 - 12,000,000 |
|
Accommodation |
4,000,000 - 10,000,000 |
|
Living Costs |
6,000,000 - 10,000,000 |
|
Food |
2,000,000 - 4,000,000 |
|
Transportation |
1,000,000 - 2,000,000 |
|
Books and Supplies |
500,000 - 1,000,000 |
|
Health Insurance |
500,000 - 1,000,000 |
|
Miscellaneous Expenses |
1,000,000 - 2,000,000 |
|
Total |
19,000,000 - 42,000,000 |
1. Bachelor's Degree: Typically, applicants must hold a bachelor's degree or its equivalent from a recognized university or institution. The degree can be in any discipline, but some programs may prefer applicants with a background in business, management, or a related field.
2. Academic Performance: Universities often require a minimum GPA (Grade Point Average) or academic achievement in undergraduate studies. The specific GPA requirement can vary, but a competitive academic record is generally preferred.
3. Language Proficiency: As the medium of instruction in most MIM programs in South Korea is Korean or English, applicants are usually required to demonstrate proficiency in the respective language. This can be proven through standardized language tests such as TOPIK (Test of Proficiency in Korean) or TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System).
4. Letters of Recommendation: Many MIM programs require applicants to submit letters of recommendation from professors or professionals who can attest to their academic abilities, character, and potential for success in a master's program.
5. Statement of Purpose: Applicants are often required to submit a statement of purpose or personal statement outlining their motivations, career goals, and how the MIM program aligns with their aspirations.
6. Resume/CV: A detailed resume or curriculum vitae highlighting educational background, work experience, internships, extracurricular activities, and other relevant achievements may be required.
1. Application Form: Most universities have an online application system where you will need to fill out the application form with your personal and academic details. Some universities may require a printed copy of the application form.
2. Official Transcripts: You will typically need to submit official transcripts from all previous educational institutions you attended. These transcripts should include a list of courses taken and the grades or marks earned.
3. Bachelor's Degree Certificate: You will usually need to provide a copy of your bachelor's degree certificate or a letter stating that you have completed all the requirements for the degree. Some universities may require the degree certificate to be notarized or apostilled.
4. Letters of Recommendation: Many MIM programs require letters of recommendation from professors or professionals who can provide insights into your academic abilities, character, and potential for success in a master's program. The number of recommendation letters required may vary, but typically, two or three letters are requested.
5. Statement of Purpose/Personal Statement: You will likely need to write a statement of purpose or personal statement explaining your motivations, career goals, and how the MIM program aligns with your aspirations. This document allows you to showcase your interests, experiences, and future plans.
6. Resume/CV: A detailed resume or curriculum vitae highlighting your educational background, work experience, internships, extracurricular activities, and any other relevant achievements should be included.
7. Language Proficiency Test Scores: If the MIM program is taught in Korean, you may need to provide official scores from language proficiency tests such as TOPIK (Test of Proficiency in Korean). If the program is taught in English, you may need to submit scores from tests like TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System).
8. Passport-Sized Photographs: You may be required to provide passport-sized photographs according to the specifications provided by the university.
9. Proof of Identity: A copy of your passport or national identification card may be required as proof of identity.
1. Korean Government Scholarship Program (KGSP): The Korean Government Scholarship Program is offered by the Korean Ministry of Education to international students for various degree programs, including MIM. The scholarship covers tuition fees, monthly living allowances, round-trip airfare, and medical insurance. Applicants must apply through the designated Korean embassy in their home country.
2. Global Korea Scholarship (GKS): The Global Korea Scholarship, also known as GKS, is provided by the Korean government to international students for undergraduate and graduate programs, including MIM. The scholarship covers tuition fees, monthly stipends, and round-trip airfare. Applicants should apply directly to the designated Korean universities.
3. University Scholarships: Many universities in South Korea offer scholarships specifically for international students, including those pursuing MIM programs. These scholarships may be based on academic merit, financial need, or a combination of both. It's advisable to visit the websites of the universities you are interested in or contact their international student office for information on available scholarships.
4. Korea Foundation for Advanced Studies (KFAS) Scholarships: KFAS offers scholarships for international students pursuing graduate programs, including MIM, in various fields. The scholarships provide financial support for tuition fees, living expenses, research costs, and more. The application process and eligibility criteria can be found on the KFAS website.
5. Korean University Scholarships: Some individual universities in South Korea offer their own scholarships for international students. These scholarships may have specific eligibility criteria and application processes. It's recommended to check the websites of the universities you are interested in to see if they offer any scholarships for MIM students.
1. Business Analyst: Business analysts help organizations improve their operations and make strategic decisions based on data analysis. Salary ranges for business analysts in South Korea can vary from approximately 40 million KRW to 80 million KRW per year, depending on the company and level of experience.
2. Management Consultant: Management consultants provide advisory services to organizations, assisting with strategic planning, process improvement, and organizational transformation. Salaries for management consultants in South Korea can range from approximately 40 million KRW to 100 million KRW per year or more, depending on the consultancy firm and level of experience.
3. Marketing Manager: Marketing managers develop and implement marketing strategies to promote products or services. The salary for marketing managers in South Korea can range from approximately 40 million KRW to 100 million KRW per year, depending on the industry and level of experience.
4. Financial Analyst: Financial analysts analyze financial data, conduct investment research, and provide recommendations for investment decisions. The salary for financial analysts in South Korea can range from approximately 40 million KRW to 80 million KRW per year, depending on the company and level of experience.
5. Project Manager: Project managers oversee and coordinate projects, ensuring they are completed on time and within budget. Salaries for project managers in South Korea can range from approximately 50 million KRW to 120 million KRW per year, depending on the industry and level of experience.
