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SKK GSB Hosts Navigating the Path to Value Chain Decarbonization Forum
The second "Investing in Climate, Investing in Growth" forum of 2024, hosted by SKK GSB, took place at Sungkyunkwan University's International Hall on the 24th. Nicola Weir, Deloitte Asia Pacific Internal Sustainability and Climate Change Leader, delivered a keynote speech titled "Navigating the Path to Value Chain Carbon Reduction" and engaged students in a lively discussion. In her speech, Weir noted the rapid development of regulations related to carbon emissions in recent years, emphasizing their strong impact on companies selling products in Europe. She stressed the need for long-term strategies aligned with value chain carbon neutrality, advising companies to envision their desired position 30 years down the road and develop strategies accordingly. Using the fashion industry as an example, Weir illustrated the concept of value chain carbon neutrality. She highlighted the industry's significant carbon footprint, accounting for 10% of global emissions, surpassing the combined emissions of all international flights and maritime transportation. This, she pointed out, presents a tremendous opportunity for carbon neutralization in the fashion industry. Weir emphasized the importance of considering carbon neutrality across the entire value chain, from design and manufacturing to distribution. Following her speech, she engaged students in a case study of the fashion industry, examining the value chains of a$3,000 luxury handbag and a $25 handbag. Deviani, a full-time MBA student who attended the forum, expressed satisfaction with the content, highlighting its relevance to current industry practices and the impressive case study session. Deviani's team, assigned to analyze the value chain of the luxury handbag, explored ways to implement carbon reduction strategies. "Our team discussed carbon reduction across all stages, from design to distribution," Deviani explained. "While the timeless design of luxury handbags doesn't significantly impact carbon emissions over time, the use of animal leather in the manufacturing process poses a challenge. We suggested improvements in bag materials as a potential solution." Lucas, another student participant, shared his insights from the forum. "Our team reviewed the value chain of fast fashion handbags," he said. "Through our discussions, we discovered that fast fashion handbags generate a significant amount of leather and fabric waste during the manufacturing process, and we believe this area requires improvement," he argued. He also added, "It was fascinating to learn about the urgency of reducing carbon emissions in the fashion industry and the actions companies should take moving forward." Related Article: https://www.news1.kr/articles/5394111
SKK GSB introduced as the top MBA program in Korea by BusinessBecause
BusinessBecause, a provider of business school information, has highlighted Sungkyunkwan University SKK GSB. BusinessBecause emphasizes that MBA experiences can have a significant impact on personal growth and professional development beyond academics, and especially for international students, choosing a global MBA in Asia can expand their network and enhance their global competitiveness through diverse cultural experiences. Sungkyunkwan University SKK GSB, ranked #1 MBA in Korea, offers a global experience with a high proportion of international students and English-language courses. In addition, students can earn a dual degree from the Kelley School of Business at Indiana University and have the opportunity to study at prestigious business schools around the world, including MIT Sloan in the US, EDHEC Business School in France, and IE in Spain. Graduates of Sungkyunkwan University SKK GSB say that SKK GSB MBA has helped them build global careers as global recruiters increasingly value cross-cultural capabilities. Sang-hyun Joo, an alumnus who started his career in Korea before moving to the US and working at Microsoft, Accenture, and Apple, said that the MBA was a great help in building his global competitiveness. Alumna Ga-bi Yoon also said that the strong alumni network, which operates in over 60 countries, has been a valuable asset in her role as head of the Korean branch of a global company. In particular, BusinessBecause reported that Sungkyunkwan University SKK GSB operates a variety of scholarship programs, opening doors for talented individuals who want to experience Korean culture and earn a global MBA in Korea. Original Article in English: <a href="https://www.businessbecause.com/news/mba-degree/9264/study-mba-in-multiple-continents?sp>https://www.businessbecause.com/news/mba-degree/9264/study-mba-in-multiple-continents?sponsored=sungkyunkwan-university-skk-gsb <a href="https://www.businessbecause.com/news/mba-scholarships/9177/how-an-mba-scholarship-can-unlock-your-career-potential?sp>https://www.businessbecause.com/news/mba-scholarships/9177/how-an-mba-scholarship-can-unlock-your-career-potential?sponsored=sungkyunkwan-university-skk-gsb
SKK GSB MBA Programs in Korea Economic Daily
SKK GSB Ranks No. 1 in Korea for 13 Consecutive Years in FT Global MBA Rankings SKK GSB Adds Innovative AI-Powered Courses to Curriculum Sungkyunkwan University's SKK Graduate School of Business (SKK GSB) has been ranked the No. 1 MBA program in Korea for 13 consecutive years by the Financial Times (FT) Global MBA Rankings. It also ranked 23rd in international experience and 40th in investment value among the top 100 MBA programs in the world. SKK GSB is constantly updating its curriculum and courses to reflect the latest trends in business. Recently, it has added new courses on "Business and Generative AI (AI) Utilization" and "Deep Learning for Business" to its full-time MBA program. These courses will teach students the fundamentals of AI, such as semantic search and image generation, as well as how to apply deep learning to real-world business problems, such as recommendation systems and natural language processing. "AI is both a threat to existing business practices and an opportunity to create unimagined new ones," said Eric Chui, dean of SKK GSB. "AI and business analytics are a natural fit with SKK GSB's mission and vision. We will continue to reimagine and redefine MBA education in Korea." SKK GSB offers a total of six MBA programs: Full-time MBA (1.5 years, daytime), Professional MBA (2 years, evening), Indiana University Kelley-SKK GSB EMBA (1.5 years, weekend), Business Analytics MBA (2 years, Saturday), and AI MBA (2 years, Saturday). All courses except the AI MBA are conducted 100% in English. The Full-time MBA is a representative global MBA program with over 50% international students and 60% international faculty. With the addition of the AI and business analytics tracks, students can also prepare for the future business environment. The program has dual degree tracks with Indiana University's Kelley School of Business and EDHEC Business School in France. Through the 'Dual Degree Fellowship' created last year, outstanding students can receive full domestic tuition to pursue an MBA degree from the Kelley School of Business at Indiana University. Graduates of the Full-time MBA program have gone on to achieve remarkable success. They have started new careers at leading domestic and foreign companies such as POSCO, McKinsey & Company, Amazon Web Services (AWS), and IBM. SKK GSB is also continuously strengthening its career development programs. It provides personalized career coaching and a variety of programs for students from the moment they enter the program, as well as career services from foreign experts. The Professional MBA, designed for working professionals who find it difficult to attend the Full-time MBA, is also a popular program. Students can develop their business expertise and global capabilities by taking MBA classes two to three times a week after work. After developing basic skills in their field for one year, they can choose a specific field such as marketing or finance to specialize in. The program offers two dual degree tracks: an MBA program at Indiana University's Kelley School in the US and an online Master of Science (MS) in Management program. Many students participate in the dual degree track. The Kelley-SKK GSB EMBA is a joint program between Sungkyunkwan University and Indiana University. Kelley School faculty teach the courses, and graduates receive both schools' MBAs. The Business Analytics MBA program covers business data analysis knowledge and skills from the basics to application. SKK GSB is currently accepting applications for new students in 2024 for each program. You can apply for admission information on the SKK GSB website. Original article in Korean: https://www.hankyung.com/article/2024041895371
Professor Suil Pae wins the 54th Maekyung Economist Award
Professor Pae of SKK GSB Selected as the 54th Maeil Business Newspaper Economist Award Winner. Professor Pae published a paper titled "Career Concerns, Investment, and Management Forecasts" in the world-renowned academic journal "Accounting Review". In this paper, Professor Pae used a mathematical model to analyze how corporate investment and disclosure differ depending on the characteristics of managers. This attracted attention from the academic community and led to the award-winning achievement. According to Professor Pae's analysis, managers with general management skills tend to underinvest, while managers with specialized skills tend to overinvest. In addition, managers with general management skills were less likely to disclose earnings forecast information than managers with specialized skills, especially when their contribution to corporate value was uncertain. Professor Pae's paper attracted attention by focusing on the theoretical verification of the factors that many companies consider when selecting professional managers. The paper revealed that when professional and general management tendencies are taken to extremes, companies make inefficient investment decisions and damage corporate value. Overinvestment is a problem, but underinvestment also prevents quick responses when plant expansion or new construction is necessary, putting companies at a disadvantage in competition. Original article in Korean: https://www.mk.co.kr/news/economy/10988016
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