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- The EMBA Class of 2026 Published Their Gazette NEW
- "One Team, One Dream!" The Indiana Kelley-SKK GSB Executive MBA(EMBA) Class of 2026 students at Sungkyunkwan University's SKK GSB became 'one team' as they shared the past semester. They began their journey with a bit of nervous excitement, but over the semester, they have built bonds so strong that shouting the phrase "One Team, One Dream!" feels like second nature. Strong bonds were made possible because everyone was eager and motivated to network and expand their knowledge. To capture the entirety of beautiful shared moments, the EMBA Class of 2026 students have decided to publish their gazette. This gazette featured their busy days, during which they often wondered, "When will the break finally come?" The gazette has captured the moments: a few sleepless nights they have had under their belt, a newfound respect for time management, and the ability to dissect any assignment. Click the link to read how the EMBA Class of 2026 students at SKK GSB have grown from peers to friends, mentors, and lifelong connections. The EMBA Class of 2026's Gazette
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- 작성일 2025-01-24
- 조회수 53
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- Prof. Youngju Nielsen "AI is Revolutionizing Investing"
- Professor Youngju Nielsen of Sungkyunkwan University's SKK GSB said, "AI enables individual investors to invest more easily and allows experts to design more sophisticated strategies" in an interview with Hankyung magazine. Prof. Youngju Nielsen emphasized that the importance of AI in the financial industry has increased, and the application of AI technology has expanded. She shared, "Previously, beginning quantitative investment using big data required much time and effort. Now, with a little programming knowledge, people are able to apply quantitative investment strategies." She added, "The gap will widen between those who try to learn and apply tools and those who do not." Original Article: https://magazine.hankyung.com/money/article/202412173007c
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- 작성일 2025-01-10
- 조회수 37384
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- How will the Fed's rate cut affect Korea?
- Professor Terence Lim of Sungkyunkwan University's SKK GSB analyzed how the Federal Reserve's decision to lower rates affects Korea's economy on the SBS biz broadcast. Prof. Lim predicted, "Despite weak domestic demand, the Bank of Korea has no choice but to slow the pace of its interest rate cuts." Regarding Donald Trump's second term, he stated, "President-elect Donald Trump plans to raise tariffs on Chinese goods. It will impact China's export market, and South Korea, which exports intermediate goods to China, will also be affected." He added, "Imposing tariffs on imported vehicles will significantly affect Korea's economy." Original Article: https://biz.sbs.co.kr/article/20000192269?division=NAVER https://biz.sbs.co.kr/article/20000200607?division=NAVER
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- 작성일 2025-01-06
- 조회수 48996
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- SKK GSB Announces New Dean, Andrew Yi
- Sungkyunkwan University's SKK GSB (Graduate School of Business) announced that Professor Andrew Yi will serve as the new Dean from Jan 1st. Dean Andrew Yi stated, "I am honored to step into the role of Dean of SKK GSB," and expressed sincere thanks to former Dean Eric Shih for his leadership and dedication to our school. Dean Yi said, "SKK GSB is uniquely positioned to lead in this era, as the global business environment is marked by profound uncertainty and rapid change." He declared his vision, "On this journey together, my focus will be on strengthening our commitment to academic excellence and enhancing our global connections." In addition, he emphasized, "Together, I am confident that we will turn uncertainty into opportunity and continue to set the standard for excellence in business education."
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- 작성일 2025-01-03
- 조회수 58613
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- How Companies Decide What Information to Disclose?
- Professor Suil Pae of Sungkyunkwan University's SKK GSB, with co-author Eunhee Kim (Baruch College–CUNY), has published a paper in the prestigious journal The Accounting Review, revealing how firms decide what information to disclose. According to the paper, when firms disclose good news, their stock prices increase, while bad news often results in a price drop. So, we assume that firms tend to disclose good news and withhold bad news. However, firms may sometimes disclose unexpected or seemingly inconsistent information. This happens because firms consider the disclosure cost. When a firm's disclosure costs increase, the likelihood of not disclosing information increases, leading firms to withhold or partially disclose it. A firm will reveal private information if the expected benefit of increasing the market price outweighs the disclosure cost. Also, uncertainty about information quality could explain why firms disclose bad news while withholding good news. Uncertainty leads them to choose partial disclosure in many cases. In conclusion, firms disclose or withhold specific information and consider the cost and uncertainty about the information to attain better market outcomes. This paper helps predict firms' behavior when disclosing information in real life. Original Journal: https://publications.aaahq.org/accounting-review/article/doi/10.2308/TAR-2023-0540/13146/Voluntary-Disclosure-When-Information-Quality-Is
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- 작성일 2024-12-30
- 조회수 70873
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- 2025 Consumer trend – 'Whoa' Momets
- Professor Serim Hwang of Sungkyukwan University's SKK GSB stated in the Dong-A Business Review, "The brand that provides a 'Whoa' moment will attract consumers' attention in 2025." A 'Whoa' moment has a more profound emotional impact than a 'Wow' moment. Consumers can experience 'Whoa' moments by providing personalized experiences, resolving inconveniences, and delivering emotionally stimulating experiences. An example of this is Spotify's 'Get Ready With Music,' which plays music that fits consumers' fashion styles as they get ready for work. The mobile application Catch Table, which resolves the inconvenience of waiting in line at restaurants, is very popular in Korea. It provides a 'Whoa' moment by eliminating waiting time and cost. Stimulating consumers' emotions with exceptional experiences also creates 'Whoa' moments. Sainsbury's, a supermarket chain in the UK, gave an interesting award based on the consumers' behavioral records. The consumer who purchased the most sausage croissants shared his experience of receiving 48 croissants from Sainsbury's. The 'Whoa' moment, a key 2025 trend, will enhance consumer satisfaction and increase sales. Original article: https://dbr.donga.com/article/view/1202/article_no/11392/ac/a_list
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- 작성일 2024-12-13
- 조회수 75693
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- Introducing the winners of the Alumni Achievement Award
- As Sungkyunkwan University's SKK GSB celebrates its 20th anniversary, we presented the 'Alumni Achievement Award' to three alumni who made distinguished achievements in their fields. SKK GSB received recommendations from alumni, and after reviewing them, selected the winners of the Alumni Achievement Award: Byunghyun Ahn, the CEO of Kyobo Book Centre, Mi-Sun Yang, the General Manager of Ipsen Korea, and Jee Woo Lim, the CEO of POSCO HY Clean Metal. Byunghyun Ahn, who graduated from SKK GSB at Sungkyunkwan University in 2009, has received recognition for his contribution to the digitalization of Kyobo Book Centre, which was previously centered on offline book distribution channels, by building digital infrastructure and boosting online business. Jee Woo Lim, who graduated the Full-Time MBA program in 2015, has been recognized for his technical expertise, professionalism, and leadership at POSCO since 1998. This recognition led to his promotion to CEO of POSCO HY Clean Metal this year. Mi-Sun Yang, an alumna of the Executive MBA program at SKK GSB and a marketing expert who has been working for nearly 20 years in the pharmaceutical industry, including MSD Korea, AstraZeneca Korea and Gilead Sciences Korea, has been acknowledged for her expertise and was appointed General Manager of Ipsen Korea last September.
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- 작성일 2024-12-06
- 조회수 85988
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- Professor Youngju Nielsen's Interview in the Korea Economic Daily
- Professor Youngju Nielsen of SKK GSB, a retirement planning expert, met with Pål Bergström, the CEO of AP7, Sweden's public pension institution. The Korea Economic Daily interviewed Professor Nielsen and CEO Bergström to uncover the key to Sweden's position as having the highest return of any National Pension Fund in the world. South Koreans mainly pay into a capital-guaranteed retirement pension, which has an average return rate of only 1.8%. Whereas, Swedes pay 16% of their income into a pension similar to the Korean National Insurance Fund, and 2.5% of the income goes into the premium pension where they can choose their investment options. If a premium pension plan participant does not choose a pension management company or product, 2.5% of their income goes into the AP7, the National Insurance Fund. AP7's recent 10-year return rate is an annual average 15%, making it the top public pension. The key to AP7's high return rate was raising stock allocation to 90%. Professor Nielsen and CEO Bergström collectively argued that the stock allocation of the retirement pension should be raised, which would provide South Koreans could receive a pension that ensures a financially secure retirement. Original article: https://www.hankyung.com/article/2024112534581
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- 작성일 2024-12-03
- 조회수 84430
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- SKK GSB's One-Year Program Launch Gains Media Spotlight
- The launch of SKK GSB's one-year Full-Time MBA program has been featured in many press outlets. A one-year Full-Time MBA program minimizes career breaks or leaves of absence for students while enabling companies to provide global MBA education to their employees in just one year. According to reports, starting with the Class of 2025, students will be able to choose between a one-year or a one-and-a-half-year program, with both MBA tracks offering the opportunity to complete an online MS program at Indiana University's Kelley School of Business through a dual degree program. Original article: https://www.sedaily.com/NewsView/2DFEW66KGT
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- 작성일 2024-11-19
- 조회수 111961
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- SKK GSB featured in the Maeil Business Newspaper
- The Maeil Business Newspaper has highlighted Sungkyunkwan University’s SKK GSB, which has been ranked as the No. 1 MBA program in Korea and one of the world's top 100 MBAs for 13 consecutive years since 2012 by the Financial Times. It was also noted that students can obtain dual MBA degrees from renowned business schools such as the Kelley School of Business at Indiana University and EDHEC Business School in France. Especially, the Maeil Business Newspaper reported that SKK GSB's Professional MBA is the only evening MBA program in the Korea that allows students to study at Indiana University's Kelley School in the U.S. while obtaining a full-time MBA, and that the MS program can also be completed online. Original article: https://www.mk.co.kr/news/special-edition/11123580
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- 작성일 2024-10-14
- 조회수 167561