Seoul, KAIST Business School
Why KAIST Business School?
KAIST Business School is a postgraduate business university located in Seoul, South Korea. KAIST Business School was established in 1996 as the nation’s first graduate school specializing in business and management education. It is regarded as the leading business school in Korea.
The Korea Advanced Institute of Science and Technology (KAIST) was founded in 1971 as the Korea Advanced Institute of Science (KAIS). KAIS was authorized by the Ministry of Science and Technology to educate scientific researchers and technology specialists and to grant masters and doctoral degrees. In 1989, KAIS was united with the Korea Institute of Technology (KIT), and undergraduate school. KIT was founded to provide special education for gifted students and was authorized to confer bachelor's degrees.
The mission of KAIST is to produce highly qualified scientists and engineers with competence and capabilities in both theory and practical applications. KAIST prepares these talented people to contribute to their organizations and to the larger society, and to generate scientific and technological innovations that contribute to the Korean community and society as a whole.
Evidence of KAIST’s educational and research success can be found in the university’s many positive external evaluations.
1. KAIST offered the 1st full-time MBA in Korea.
2. KAIST was the first Asian university to be accredited by the Accreditation Board for Engineering and Technology (ABET; 1992).
3. KAIST was ranked in the top 200 universities in the world by the Times Higher Education Supplement (2007).
4. KAIST is regularly ranked at 1st place in the Korean Joong-Ang Daily evaluation of universities nationwide.
KAIST Business School earned AACSB-International Accreditation in 2003, as KAIST Graduate School of Managgement. The Association to Advance Collegiate Schools of Business (AACSB) International is the leading American accrediting body of university business schools. AACSB-International accreditation is awarded only to those schools of business that meet the same high standards of academic quality as demanded of top business schools worldwide.
Association of Asia-Pacific Business Schools (AAPBS)
AAPBS provides leadership and representation to advance the quality of business and management education in the Asia-Pacific region. The Association accomplishes this mission through collaboration in research and teaching and through partnerships that improve business school standards and quality. KAIST Business School is a founding member of this organization.
UN Global Compact
The UN Global Compact is a framework for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labor, the environment, and anti-corruption. As the world's largest, global corporate citizenship initiative, the Global Compact is first and foremost concerned with exhibiting and building the social legitimacy of business and markets. KAIST Business School is a participant of the UN Global Compact.
The three separate schools that make up KAIST Business School are the:
- KAIST Graduate School of Management,
- KAIST Graduate School of Finance,
- KAIST Graduate School of Information & Media Management.
In 2006, these three graduate schools of KAIST were combined under the single name of KAIST Business School. Whilst still maintaining a degree of autonomy, this move has allowed for increased cooperation between the schools in working towards the common goal of developing a world renowned technology-based management school.