“KAIST College of Business encourages students to not only learn knowledge in the classroom, but also communicate with people outside the classroom and commit to challenges. I believe that one can grow into a true leader if he or she can understand and sympathize with others with different opinions and situations through communications.” (Youngbae Kim, Dean of KAIST College of Business)

Founded in 1995 as the first full-time MBA program in Korea, KAIST College of Business has introduced innovative and convergent education that encompasses technology and management, focuses on the concept of ‘Beyond Knowledge’.

 

◆  Challenge the limit and 'sharing services'

KAIST College of Business conducts unique sharing activities that involve raising funds while challenging physical and mental limitations through activities such as climbing and running in marathons. Recently, 'KAIST MBA Himalaya Expedition' was formed and the members visited villages damaged by the earththquake in Nepal with the dual aim of climbing in the Himalayas climbing challenge and doing volunteering work. The Himalayan Expedition was made up of students and professors from the Professional MBA (PMBA), a part-time MBA program. They prepared for the service in parallel with work and study.

A village in Nepal, Mahadevbesi, also called the “Stolen Village,” is in one of the poorest areas, and villagers pick up rocks all day that flow down from the valley to sell as building materials. One can earn about 1,000-2,000 won per day. To help children, who are hardly able to study at an outdated school building, and have few dreams and hopes, the expedition raised funds for purchasing books.  With the 20 million won fund raised in just ten days, they bought 200 books and built the ‘KCB Library.'

Prior to this, KAIST College of Business organized a fundraising campaign as a marathon challenge and held a science camp “KAIST RUN” event for the science education of children from multicultural families. For these children whose educational conditions are relatively poor, the "KAIST Run" project has taken place sponsored mainly by KCB for three years since 2013.

 

Growing to be more considerate of others, more than 100 students and faculty members from KAIST College of Business voluntarily raise funds and ask for donations from their acquaintances, and this has made a great impression on the surrounding community.

In 2015, 100 elementary and junior high school students from multicultural families all over the country attended '2015 KAIST Run Creativity Convergence Camp’. A variety of educational programs were offered in the camp, including the Junior Basic Financial Program, and Advanced Science Programs for elementary and junior high school students.

 

◆ 'Sharing knowledge' through real-time online broadcasting

KAIST College of Business communicates business knowledge with the public and practices knowledge sharing. In September 2015, it launched the Bizz@KAIST, internet broadcast on AfreecaTV, so that anyone can take KAIST MBA lectures in real time.

Every Thursday night, at 9:00 pm, an interactive MBA lecture is broadcasted by scholars from various academic areas. This semester, a CRM Lecture by Professor Kim, Young-Gul and a lecture on the platform economy by Professor Cho, Daegon were broadcasted. Professor Kim, Tae-Hyun's lecture entitled 'Network Leadership for Continuous Innovation' will be broadcasted in June.

Alumni as well as students work as BJs to broadcast a variety of topics online, creating collective intelligence rather than delivering information one-way. Bizz@KAIST broadcasts are popular, and as of May, the cumulative viewers reached a total of 31,184.

 

KAIST College of Business has been volunteering in various ways for low-income children and homeless people in the Hongreung area. In the Angel Club, professors reserve 10% of their external tuition fees to support low-income students in neighboring elementary schools, and sick children in nearby hospitals. It started in December 1999 when professor Kim, Young-Gul posted an article on the professors' bulletin board, and it has been going on for 16 years. It has helped 150 children so far.

A volunteer group from KAIST College of Business has been steadily participating in volunteer activities of Cheongnyangni Babphu at the end of every year. They provide lunch for the homeless, make donations and provide winter supplies. In addition, they carry out various social contribution activities such as volunteering for an after-school library program in  elementary schools, running a blood drive, and providing scholarships for descendents of the independence movement.