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KAIST Finance MBA Program for Government Officials of Emerging Economies

With a mission to nurture talented students from developing countries, KOICA and KAIST invite high-caliber students from developing countries and help them gain professional and systematic knowledge that will play a key role in their home country’s development. In 2012, KOICA–KAIST Master’s Degree Program in Finance started to train finance professionals for the growth of developing countries’ financial and capital market. The program has significantly strengthened the relationships between Korea and the students’ home countries. Students, who have been given an opportunity to see Korea’s experience in poverty reduction and socio-economic development, will gain a deeper understanding of Korea and contribute to the future social, political and economic ties between the two nations.

Program Title

KAIST Finance MBA Program for Government Officials of Emerging Economies

Duration

August 2017-February 2019 (18 months)

Degree

Master of Business Administration in Finance (Finance MBA program)

Number of Participants

20 Government Officials from developing counties

Ministry of Finance and Central/State Bank) preferred

Course Objectives

  • 1) To train finance professionals for the growth of developing countries’ financial and capital market
  • 2) To build partnership with developing countries for future overseas expansions of Korean finance institutions
  • 3) To share Korea’s experience in financial and capital market growth and spread Korean culture to developing countries

Credit Requirement

Credit RequirementCredit Requirement
General Requirement Major Requirement Major Elective Korean Research Total
3, 1AU 16.5 27(12) 6 9 61.5, 1AU

Course Offering

Course OfferingCourse Offering
Semester Course Type Credits Course
Fall 2017
Total: 16.5 Credits
Mandatory 3 Financial Management
Mandatory 3 Statistical Analysis for Finance
Mandatory 1.5 Ethics and Social Responsibility of Finance
Elective 1.5 Major Elective ①
Elective 1.5 Major Elective ②
Elective 1.5 Policy Concentration ①
Mandatory 3 Korean Language for Foreigners I
Elective 1.5 Policy Concentration ②
Spring 2018
Total: 16.5 Credits
Mandatory 3 Financial Management
Mandatory 3 Statistical Analysis for Finance
Mandatory 1.5 Investment I
Mandatory 1.5 Investment II
Mandatory 1.5 Major Elective ③
Mandatory 1.5 Major Elective ④
Mandatory 1.5 Policy Concentration ③
Elective 1.5 Policy Concentration ④
English 0 BUS900 or FMB 900 series
Mandatory 3 Korean Language for Foreigners II
Summer 2018
Total: 3 Credits
Elective 1.5 Major Elective ⑤
Elective 1.5 Major Elective ⑥
English 0 BUS900 or FMB 900 series
Fall 2018
Total: 16.5 Credits
Mandatory 1.5 Corporate Finance I
Mandatory 1.5 Corporate Finance II
Mandatory 1.5 Financial Database
Elective 1.5 Major Elective ⑦
Elective 1.5 Major Elective ⑧
Elective 1.5 Major Elective ⑦
Elective 1.5 Major Elective ⑦
Elective 1.5 Major Elective ⑦
Elective 1.5 Major Elective ⑧
Elective 1.5 Major Elective ⑨
Elective 1.5 Major Elective ⑩
Elective 1.5 Policy Concentration ⑤
Elective 1.5 Policy Concentration ⑥
Elective 1.5 Policy Concentration ⑦
Elective 1.5 Policy Concentration ⑧
Spring 2019
Total: 9 Credits
Research 9 Research Project

Language

English fluency that requires no translation

Accommodations

KAIST College of Business Dormitory ▶ Survival Guide for International Students

Scholarship Benefits

  • Air travel fare: Economy class, round-trip airfare
  • Full tuition fees
  • Accommodation (dormitory of a training institute)
  • Living allowance (including meals)
  • Textbooks and materials
  • Study visits, field trips, etc. during the program
  • A medical checkup after entry into the program
  • Overseas traveler's health insurance

For detailed information about KOICA Scholarship Program, please visit http://training.koica.go.kr/.

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