KAIST College of Business is located in the Hongneung Research Village in Dongdaemun-gu, Seoul, and provides an excellent educational environment that is unrivaled by any business school in the world. KCB provides individual research space for MBA students 24 hours a day where they can concentrate on their studies without restriction of time and space. There is also close interaction between faculty and students as most of the faculty members also reside on campus. (Should this be ‘because most faculty members generally have offices across the hall from specific labs’) Each study lab is assigned to approximately 10 students based on their nationality, previous experience, age, and gender. It also provides an environment where Korean students and international students can socialize freely.
KAIST College of Business was the first Korean MBA program to obtained AACSB Accreditation in 2003, and it succeeded in obtaining reaccreditation in 2009 and again in 2014 for the third time. Dean James Jiambalvo of University of Washington, head of the AACSB Peer Review Team in 2014, said, “The high-level professors at KAIST College of Business were especially impressive - 100% of the tenured professors had Ph.D. degrees, 95% of them graduated from top business schools in the world, which is very unique not only within Korea but also globally.”
KAIST College of Business provides internship programs and management consulting practice to its students for business capability enhancement. Internship programs that are conducted every summer and winter, assign the students to real projects and are often linked to future employment. Internships are conducted not only in leading companies in Korea but also in various organizations such as UN Headquarters in New York and ABN Amro Bank in Singapore. The students who participated in these internships emphasize their effectiveness in developing their careers because they can get experience in advanced fields of their interest.