The Alumni Association is organizing the 1st online meeting on 6 March, 2021. *Access Info* SKKGSB ALUMNI is inviting you to a scheduled Zoom meeting. Topic: SKK GSB Alumni 2021 Time: Mar 6, 2021 04:30 PM Seoul (The meeting will be started at 5 PM) Join Zoom Meeting https://us02web.zoom.us/j/88467755322?pwd=RXdVaUI3Sndjak1wN0JUWmw1OUFuUT09 Meeting ID: 884 6775 5322 Passcode: 412076 One tap mobile +12532158782,,88467755322#,,,,*412076# US (Tacoma) +13017158592,,88467755322#,,,,*412076# US (Washington DC) Dial by your location +1 253 215 8782 US (Tacoma) +1 301 715 8592 US (Washington DC) +1 312 626 6799 US (Chicago) +1 346 248 7799 US (Houston) +1 646 558 8656 US (New York) +1 669 900 9128 US (San Jose) Meeting ID: 884 6775 5322 Passcode: 412076 Find your local number: https://us02web.zoom.us/u/kcHeA8lbIp Hope to see you all there!
Last December, four of SKK GSB’s Professional MBA students (Jung Hwan Cha, Seung Moo Lee, Jae Oh Seo, and Minseok Kim) participated in the 2020 MBA Case Competition sponsored by the Ministry of Education and the Ministry of Trade, Industry and Energy. Their topics were “CJ Group’s Post-COVID-19 Global Strategy” and “Response Strategy to the Eco-friendly Trend.” Twenty teams competed, and our students’ plan to expand air cargo business was ranked highly, being given an Excellence Award. Group leader Jung Hwan Cha reports on the competition. This competition was only open to MBA students, and I wanted to make the most out of my two years as an MBA student, so I was keen to participate . I also saw this as a unique opportunity to engage in activities outside school, and to apply what I had learned so far in the classroom to solve challenges that companies face in the real world. We chose CJ Group’s Post-COVID-19 Global Strategy as our topic, and we decided to focus on CJ Logistics’ becoming a global powerhouse in the logistics industry, specifically by expanding its air cargo business. The impact of the COVID-19 crisis is being felt by businesses all around the world, but one sector that has seen major growth is the logistics/cargo industry. CJ Logistics, which currently has the largest market share in Korea, has been expanding globally in recent years. We believe that this sector will grow significantly in the future, partly due to COVID-19, and by quickly expanding its air cargo business, CJ Logistics can catch up with current global market leaders such as FedEx and DHL. It was difficult to find time to work on this project between school and work. We initially met after Tuesday’s class to choose our topic and to set a project timeline, so we chose the team name Tuesday Night Strategy (TNS) to recall our first meeting. When we each completed our allocated tasks, we met on Zoom then in person to discuss and compile our presentation. This project required a lot of research since it was a field with which none of us was familiar. It was therefore important to work together and to respect each other’s opinions. Even though the four of us had not worked together before, we were quickly able to agree on the direction of the project. We were also able to learn about the impact of COVID-19 on the global economy, and how different industries and companies are coping and innovating during this crisis. Building on what we [have learned from this experience, we hope to compete again next year. We also hope that other students from SKK GSB take more interest in future competitions such as this.
Sungkyunkwan University Graduate School of Business (SKK GSB) has been ranked 35th in the world, 7th in Asia, and 1st in Korea in the 2021 Financial Times (FT) Global MBA Ranking. The FT Global MBA Ranking is an annual indicator of business schools’ overall status and quality. Unlike other rankings centered on US MBA programs, the FT ranking is global and assesses business schools all around the world. SKK GSB is the only Korean business school in the world’s top 100. SKK GSB’s MBA has been crowned #1 in Korea for ten consecutive years, while it has been among the top 50 worldwide since 2017. Asian business schools fareprominently in these rankings: 12 were included in the top 50, including HKU, CEIBS, NUS, HKUST, and SKK GSB. SKK GSB recieved a particularly high score in the following categories: career services (5th), career progress (13th), and international faculty percentage(17th). Professor Eric Shih, Dean of SKK GSB, notes: "We are proud of this accomplishment. It is a strong signal that SKK GSB is being recognized globally for the value we deliver and the impact we have on our students and alumni’s careers.” SKK GSB launched two new programs last year, the AI MBA and the MS in Business Analytics. These programs bring together advanced topics in AI and big data with business education to help students acquire the knowledge and skills that are essential in Industry 4.0. These courses have attracted tremendous interest, not only from individual applicants, but also from companies. SKK GSB's MBA has also been gaining rapidly in popularity. In particular, the number of applicants for the 100%-English program increased significantly year-on-year. In a world ravaged by the COVID-19 pandemic, Korea has proven to be a relatively safe place to live and study. Many students who were planning to pursue an MBA abroad decided to remain in Korea instead, while the number of foreign students at SKK GSB continued its steady rise.
Mr. Hee Bai Kim (EMBA 2016) and Mr. Chong Man Suk (EMBA 2015) graduated from the Executive MBA program and have taken the roles of President and Vice President of the Alumni Association since early 2020. They have done well in maintaining their connections with the SKK Graduate School of Business. Q. When and why did you decide to pursue the EMBA program? A. Mr. Kim: Pursuing an MBA had been part of my career plan ever since I was in my 20s. The career I had envisioned for myself was clear from a young age, and I gave myself a goal of working in senior management for a company and pursuing an EMBA degree in my 40s so that I could excel in a leadership and executive role. I have always maintained that constant learning is critical. Therefore, I believed that going back to school to obtain an EMBA degree after years of accumulating professional work experience would allow me to better understand the theories taught in class. Mr. Suk: Unlike Mr. Kim, I never had a plan to pursue an EMBA degree until SKK GSB came to our company to host a workshop. After that seminar by SKKU, I realized that it would be a good opportunity for me to continue my learning and keep my competitiveness in the company by pursuing an EMBA degree. Q. Why did you choose SKK GSB to pursue an EMBA degree? A. SKK GSB is the only MBA school in Korea that boasts a truly international pedigree that is consistent with today’s globalized economy and with courses that are taught 100% in English. Over 60% of the faculty come from international backgrounds. The student body was also very international, adding to the diverse cultural flavor. Also, the case studies we had discussed in class were all discussed in a global context. Finally, the global field trips offered us real, hands-on international business experiences. Attending SKK GSB helped us broaden our global vision and gave us an opportunity to master our business communication skills, especially in English. Both of us are currently working in multinational corporations and our experience at SKK GSB has helped tremendously in this aspect. Q. What has been most memorable from your EMBA journey? A. The entire EMBA journey was fruitful and we had lots of great experiences. One of the most unforgettable experiences was the Global Field Trip to the U.S. For two weeks, we visited many of the iconic places in America and exchanged ideas with a diverse group of academic scholars. However, more than just the academic experiences, the social gatherings allowed the entire class to truly get to know one another in a fun, casual environment. It was a valuable opportunity for all of us to get closer to each other, something that had been challenging to do in Korea due to the busy work schedules of our classmates, who were executives or senior managers in their respective firms. The two-week Global Field Trip gave us a temporary respite from our everyday norm, and allowed us to enjoy our time with each other. Q. How did the EMBA program help with your career success? A. At work, we are not given the leeway to make mistakes, and any mistake could potentially be detrimental to the company. As a senior manager, we are also expected to know everything. However, at SKK GSB, we were encouraged to try out new ideas and we were allowed the leeway to make mistakes, as mistakes could provide a good opportunity to learn from. It wasn’t wrong to say “I don’t know” whenever we encountered something we were not aware of and we were able to learn new theories from our professors and our peers. It was great that we could indeed be “ourselves” and continuously acquire new knowledge in a pressure-free environment. Teamwork was also highly emphasized at SKK GSB. It was difficult for us to work as a team initially, as many of us came from leadership positions and we were used to making the decisions at work. After multiple team projects, however, we were able to get a firm grasp on the importance of teamwork and how to deal with diverse set of opinions. The MBA program was also driven by learning through case studies, which helped us enhance our problem-solving skills. During the program, we studied over 100 real-life cases and learned how to solve different practical problems. The case studies prepared us thoroughly on how to tackle real-world business issues and handle complex problems in a more efficient way, and has proved beneficial to our work life. Taking courses in English also gave us opportunities to practice business English outside of work. Our English communication skills have since improved a lot, thanks in part to the program. Q. Why did you want to come back to the campus and join the Alumni Association? A. We both had an amazing EMBA experience at SKK GSB. Yet, we felt it was a pity that the opportunities to reunite with our classmates after graduation were few and far between, as everyone had to go back to their busy work life. We thought that it would be great if we could reconnect with the school and get to meet everyone again. We also wanted to help other graduates and alumni rebuild their connections with the school as well. Therefore, we decided to join the Alumni Association. Every time we come back to the school, we feel younger and rejuvenated. Q. What is the plan and mission of the Alumni Association? A. We had grand ambitions and planned to bring the alumni together at the beginning of the year. Unfortunately, most of the plans have been delayed due to the COVID-19 pandemic. We have been monitoring the situation closely and we are planning to move some events (e.g., alumni gathering) online in early 2021. Hopefully, we will be able to gather and meet each other in person soon after the pandemic is contained. Irene So and Bomi Kim, SKK GSB PR Committee, Class of 2022