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2022 EMBA Immersion at Kelley School of Business by Injae Chung (Class of 2023) NEW

Executive MBA Immersion I Indiana University Kelley School of Business SKK GSB's Executive MBA includes the Immersion Programs at IU Kelley School of Business every year. This year, the first program took place in April in Bloomington, Indiana, and the main theme was "Leading in an Era of Continuous Change." Injae Chung (Executive MBA, 2023) shared his experience as follows. EMBA students started the first day at IU Kelley School of Business in excitement and anticipation. This was the first immersion program for the 13th cohort, and our first leadership training. As if the professors prepared for any jetlag after traveling from Seoul, the session involved a lot of physical movements such as blindfolded block building. The session proceeded under two different conditions: one with a leader, an observer, and others blindfolded with one free hand; and the other with one observer and all others free. The session might sound easy, but in the end, I found it impressive in that this simple activity reflected what we go through at work. The first condition was a metaphor for a lack of vision sharing and effective communication. Having one restricted hand meant that the team couldn’t utilize all its resources. The second condition, meanwhile represented what happens when the team improves all those deficiencies, i.e., when the leader shares the vision and direction clearly and lets all the members use their full capabilities. Leadership begins when the leader encourages the team to move toward a shared vision.
- 작성일 2022-06-22
- 조회수 1102
Master in Management Studies (GETT) students on Company Visit and Alumni Talk: Samsung Innovation Museum

SKK GSB's Master in Management Studies students' third company visit occurred in April. The students toured Samsung Innovation Museum virtually, and learned about Samsung’s history and values. Alumnus Prakhar Hora (Full-Time MBA, 2011) joined the virtual session; he shared his valuable experience working in Samsung Electronics HQ as a foreigner, and his insights on global leadership. The Master in Management Studies program, also called GETT (Global Economic Transformation & Technology) offers students opportunities to acquire critical skill sets that they will need as future global business leaders, and it incorporates residential studies in Paris, Seoul, and Berkeley. The program is run jointly by SKK GSB, EDHEC Business School, and UC Berkeley's Haas School of Business.
- 작성일 2022-06-15
- 조회수 2724
2022 EMBA Immersion at Kelley School of Business by Yunsu Lee (Class of 2023)

Executive MBA Immersion I Indiana University Kelley School of Business SKK GSB's Executive MBA includes immersion programs at IU Kelley School of Business every year. This year, the first program took place in April in Bloomington, Indiana, and the main theme was "Leading in an Era of Continuous Change." Yunsu Lee (Executive MBA, 2023) shared his experience as follows. The first immersion program was meaningful and memorable for the 13th cohort in that the students went to Bloomington, Indiana, after bearing the long-lasting chaos of the pandemic. The Executive MBA program usually starts with the first immersion, but the 13th cohort finally went after the second term. Nevertheless, the students then understood each other much more deeply, which helped us get the most from their sessions. We started the program by eating breakfast altogether, which energized us for the all-day learning. I admired Professor Douglas's passionate lecture on Leadership Challenge throughout the program. During his session, the students shared their at-work experiences and feedback. After classes, we walked around the Indiana University campus, reviewed the lessons, and chatted. Doing this, we reminisced about our old academic life and embraced our new MBA student life. One of the precious memories of the immersion program must be the unforgettable dinner discussions and bar talks every evening. We talked over dinner with professors in fabulous restaurants and deeply with classmates in cozy bars. These heated, passionate discussions were all insightful and inspiring. Now that the third term has started, the students feel more confident and motivated as the immersion program provided such cherishable memories that we all share. I look forward to the upcoming immersion program in Washington, D.C., and seeing how far the 13th cohort will have developed then. I have no doubt about the promising future awaiting the 13th cohort of SKK GSB - Executive MBA!
- 작성일 2022-06-09
- 조회수 4093
Professional MBA: Gangneung Residency in May 2022

SKK GSB's Professional MBA offers residency programs for intensive learning.The 10th and 11th went to a beautiful beach city, Gangneung and studied Human Resources Management with Professor Jaepil Choi. "Face-to-face and in-depth learning like residency programs are exactly what I have been craving during a long-lasting 'untact' period." Byeonggwon Yoo (PMBA, Spring 2023) shared his experience as follows. At SKK GSB, Professional MBA students are offered to attend two residency programs every year. This year's first residency trip took place in Gangneung over three days. Led by Prof. Jaepil Choi, the program focused on human resources management. "Thanks to the residency program, I had the chance to discuss deep professional thoughts with the professor and my classmates almost overnight. In particular, with Prof. Jaepil Choi's moderation, we learned how to build a more organized and scientific framework for managing human resources. I believe that his lessons helped us forge a desirable mindset that we can apply at work."
- 작성일 2022-06-08
- 조회수 4209
2022 SKK GSB Night

On May 9, 2022, SKK GSB celebrated the annual GSB night, bringing together the entire MBA community which includes Executive MBA, Professional MBA and Full-time MBA classes of 2023. Students had dinner together along with professors to get to know each other and talk about the successful academic year despite the challenges during the pandemic. The event was a great way to celebrate the end of the academic year and create fond memories within the SKK GSB community. Everyone at SKK GSB is greatly looking forward to the next events, especially with the ease of the restrictions!
- 작성일 2022-06-02
- 조회수 4576
2022 EMBA Immersion at Kelley School of Business by Jungkyu Han (Class of 2023)

Executive MBA Immersion I Indiana University Kelley School of Business SKK GSB's Executive MBA includes immersion programs at IU Kelley School of Business every year. This year, the first program took place in April in Bloomington, Indiana, and the main theme was "Leading in an Era of Continuous Change." Jungkyu Han (Executive MBA, 2023) shared his experience as follows. At the Beginning: Model the Way I was surprised as I learned so much about leadership in block-building activities, which were rather playful. I saw that a leader doesn't have to be the most intelligent person, and that all members can contribute new ideas as long as the team communicates effectively and actively. This helped me remind myself to look around my colleagues and teammates for fresh ideas. After the activities, I realized that everyone is a leader. It also made me reflect on how I have communicated within my team and organization. And, of course, during the activities, I had so much fun learning about my classmates' characteristics. It may sound simple and easy, but block building was great way of learning about planning, preparation, and communication. I was happy to join the journey of exemplary leadership! Dive into Kelley School: Inspire a Shared Vision In an outdoor session, we had the chance to share our work experiences, and a classmate told us about when he was motivated by his boss's appeal for 'being new eyes, ears, and voice' as a leader. I empathized with his feelings, and was inspired to apply the same ideas myself. Sometimes we doubt ourselves, questioning whether we have the right leadership style or even qualifications to be a leader, yet the more work experience we shared, the more valuable know-how we learned. Learning by heart: Globaltech Simulation & Personal Leadership Development Globaltech Simulation is a leadership simulation session with roleplay. Through this session, EMBA students learned various approaches to leadership, and saw the butterfly effect triggered by a leader’s decisions. Now that everything can be challenging and uncertain, this was an experience that encouraged me to move forward, not as an unprepared leader, but as a prepared, self-motivating, and growing leader. We discussed ‘good’ leadership, and from that, we all became reassured that even just this kind of discussion was leading us towards more ‘sophisticated’ leadership. And I have come to realize that the best way to build true leadership skill is to develop it continuously through practice and self-feedback. Together with others in the 13th cohort, I decided to become a true leader who can move others' hearts and overcome limitations by building action-oriented and valuable human relationships and by cultivating positive communication skills. "YES, WE CAN!"
- 작성일 2022-05-30
- 조회수 3620
SKK GSB Professor Suil Pae publishes study on Career Concerns, Investment, and Management Forecasts

Professor Suil Pae's paper, "Career Concerns, Investment, and Management Forecasts," has been accepted for publication in The Accounting Review, the premier journal for publishing articles reporting the results of accounting research and explaining and illustrating related research methodology. Abstract A firm manager is concerned about both the firm value and the market assessments of his abilities. When investing in a project, he has private knowledge of his project-related ability that interacts with the project investment, and his general ability that produces a cash flow independent of the project cash flow. The concerns about the general (project-related) ability assessment create a signaling incentive to decrease (increase) investment. In the presence of underinvestment (overinvestment), higher-quality earnings information reduces (improves) equilibrium efficiency. When the manager issues an earnings forecast as an additional signaling device, the forecast is upwardly biased, and the equilibrium investment is smaller than that without a forecast. The latter is because the signaling incentive to decrease investment is strengthened. When the manager’s concerns about the general ability assessment are relatively large, he is better off by committing to no forecast. Novel empirical predictions about investment and earnings forecast emerge. Keywords Career concerns, investment, earnings forecasts, Efficiency
- 작성일 2022-05-23
- 조회수 3973
[Dong-a Ilbo] SKK GSB, raising global MBA graduates to lead business innovation

Sungkyunkwan University’s SKK GSB, raising global MBA graduates to lead business innovation All courses include data science and analytics. New course open: Business Analytics MBA SKK GSB is again ranked 1st in Korea in the Financial Times (FT) Global MBA rankings. Among top 100 global MBAs, the school ranked 30th for investment value, 29th for promotion, and 15th in international experience. This is also the school’s 11th consecutive year among the world's top 100 MBAs. As SKK GSB Dean Eric Shih says, “In recent years, business has changed more rapidly than ever before, digitalization has progressed in most fields, and data is now the language of business. We have been raising global MBA students who can lead this continuing business innovation.” SKK GSB updates all programs’ curricula every year, enhancing digital competitiveness; the school has also introduced new courses such as the Business Analytics MBA and AI MBA. Chaewon Yoon (Full-Time MBA) is pursuing both a management track and a business analytics track. His objective is to cultivate a broad understanding of data and business analysis, and acquire professional knowledge on the latest management strategies and issues. He chose this path because these are considered the key factors to improve competitiveness in today’s job market. In fact, Sangyeol Kim, an alumnus working in a smart manufacturing solution company, was pleasantly surprised when he contacted SKK GSB to recruit skilled graduates. A decade since his graduation, the Full-Time MBA now covers various data and analytics subjects such as database management, business analytics, marketing, and financial analysis, in addition to previous course content. Mr. Kim says, “These days, it is very difficult to find skilled people who understand data and AI, and who have global business capabilities, not only in Korea but also elsewhere.” He welcomed the change in the curriculum as there will be greater need for such hybrid skills in the near future. The Full-Time MBA program (daytime) is a high-ranking global MBA program in which 58% of freshmen and about 70% of the faculty are from overseas. The program offers dual degree programs with Indiana University Kelley School of Business (US), Maurer School of Law (US), and EDHEC Business School (France). There are tracks in four areas一marketing, finance, strategy, and business analytics一and students can expect to improve their expertise and career competitiveness. The Indiana Kelley-SKK GSB Executive MBA program (weekends) is operated jointly by both schools. Faculty from IU Kelley School of Business teach 55% of the programs, and students obtain two MBA degrees一one from each university. This program is for working professionals with at least eight years’ work experience. The Professional MBA program (evenings) focuses on fundamental business management knowledge in the first year. Students then select specialist courses in marketing, finance, or management strategy. In this program, students can take either a one-year online MS program from IU Kelley School of Business, or a one-year on-site MBA program (daytime) at IU Kelley’s campus in Indiana. The Business Analytics MBA course (weekends) simultaneously develops data analysis competency and related MBA knowledge. The course involves intensive study in specialized data fields such as programming, big data, cloud computing, and digital and social media analysis. The MMS (Master in Management Studies, weekend) is a two-year program operated jointly by SKK GSB, EDHEC Business School in France, and UC Berkeley Haas School of Business in the United States. Graduates obtain two Master of Business Administration (MS) degrees from SKK GSB and EDHEC. The AI MBA course (weekends) is a contract course for companies developing in-house AI experts. AI subjects are taught in Korean, while business subjects are taught in English. SKK GSB is accepting applications for the 2022 freshmen until May 20 for programs other than the Business Analytics MBA. More details can be found on the SKK GSB website or by phone. (gsb.skku.edu, Tel. 02-740-1520, 1530, 1533). Related article: Dong-a Ilbo on April 21st https://www.donga.com/news/Society/article/all/20220420/112982376/1
- 작성일 2022-04-28
- 조회수 9911
'PEOPLE ANALYTICS' of Professor Basbug

Using data from hiring the right person and identifying high-performers PEOPLE ANALYTICS of professor Gokce Basbug In recent years, data has become the language of business as almost all management decisions are based on analyzing data from various angles. This applies equally to human resource management. Today, companies are using data more and more to make decisions about their workforce, from hiring the right person, and identifying high-performers, to determining collaboration patterns between employees. Accordingly, managers can design and implement more effective human resource management techniques using scientific methodologies and rigorous statistical techniques. This field is called “People Analytics”, and companies are using this more and more to increase organizational efficiency. Prof. Gokce Basbug from Sungkyunkwan University SKK GSB studies human resource management and organizational behavior. Prof. Basbug’s People Analytics class teaches important aspects of human resource management, focusing on data analysis. In particular, MBA students are taught theoretical foundations for key personnel decisions—e.g., employment, departmental transfers, promotions—along with data analysis techniques for effective human resource management. Professor Basbug says, “It’s highly regrettable that companies and managers do not properly understand or utilize data despite the rapid development in data storage and management technology. Also, the application of data management and analysis cannot depend only on technical skills such as data organization and software use.” Prof. Basbug stresses that it is necessary to understand theory underpinning complex relationships in the workplace, and that data is merely numbers without the foundation of such understanding. Prof. Basbug's People Analytics classes deal with human resource management concepts such as human capital theory, intra-organizational movement, and turnover. For example, students study a model to predict job applicants’ performance, and a survival model to determine factors that induce turnover. Gyehyeon Park (Professional MBA) reports on her experience on this course: “This class really helped students who work as managers in an increasingly complex and diverse environment, or who are striving to become business leaders or CEOs.” She adds, “It taught us how to manage the workforce efficiently, how to analyze and present data empirically, and what conclusions management needs.” The People Analytics class features special lectures by experts in people research and data solutions in the United States, by full-time professors working as HR digital transformation experts in Europe, and by SKK GSB alumni. They share vivid examples from leading companies on how to predict performance when hiring new employees, and on what analysis is possible regarding movement and promotion, so students are more easily able to apply the theories and skills learned in the classroom. Prof. Basbug reflects, “It’s really a rewarding experience when students tell me that they’ve led their teams or managed departments with the skills they’ve learned in my class.” Related article: Maeil Business Newspaper on April 20th https://www.mk.co.kr/news/special-edition/view/2022/04/350118/
- 작성일 2022-04-22
- 조회수 10467
Career jump story of Gabi Yoon, Full-Time MBA class of 2019

[Maeil Business Newspaper - Alumni Interview] Career jump at SKK GSB Gabi Yoon, Full-Time MBA class of 2019 I was born in Switzerland, and always wanted to make Korea known to the world, so I wanted to act as a bridge connecting Korea and Europe. Although I was already working in a marketing company in Switzerland, since I believed in Korea’s potential and wanted to contribute my knowledge and skills to its innovation, I came to Korea and enrolled on an MBA course. I joined this MBA course, and gained professional marketing skills and a very successful career thereafter as a digital marketing specialist. Now, after my successful career jump, I’m working as a consumer intelligence and marketing consultant at Samsung Group In-house Consulting, and in S-Core, which leads digital transformation. I conduct strategic consulting based on digital marketing operation and digital effect analysis. Motivation to enroll the MBA program at SKK GSB I thought that as a digital marketer who majored in design thinking, it would be helpful to have more expertise in business, economy, and finance to improve my work skills and for my career. Even before I entered, I’d seen many of my friends and acquaintances who graduated from SKK GSB get jobs in globally powerful companies such as Google and Samsung, and they developed greatly in their professional careers quickly. Not only did SKK GSB have global professors with excellent research results, but it was also impressive to see the curriculum operating tracks that allow in-depth specialist learning. MBA experience was helpful Most of the knowledge that I learned from the MBA classes is directly helpful and effectively used in my work. I am in particular benefiting a lot from the first semester classes such as Management, Economics, Finance and Data Analysis. SKK GSB professors use various teaching methods to elevate student participation and encourage students to constantly question themselves while thinking critically. Thanks to this, I got used to thinking deeply, and giving opinions widely. After the MBA, I always took the initiative, and became confident in solving problems. Specifically, when I was recently analyzing social listening data in Escore, I applied the analytic skills that I learned in Prof. Yanbo Wang’s Quantitative Analysis class. When it comes to contracting, or when we need Win-Win negotiations, the client/partner acquisition skills from Prof. Adam Castor’s Negotiation class are of great help. I focus on the value of what I create when I work rather than just on the activity. I also try my best to help the company and our clients to develop. What was the most difficult thing while you are studying? In the SKK GSB Full-Time MBA course, I studied with students from more than 10 countries. I found it a big challenge to distribute roles considering the language and cultural differences of the team members and the strengths and weaknesses of each team. It was not easy to create synergy by integrating so many different opinions considering that we all came from different backgrounds. During the MBA period, numerous projects were carried out, and we experienced and resolved some conflicts with team members. This experience at the same time became a great opportunity to me as it helped me to develop my ability to integrate with people with different opinions, and to move toward a shared goal. Thanks to this opportunity, my interpersonal skills have also improved. Advice for prospective students I highly recommend taking an MBA for anyone who wants a transition or career development. I developed my career, and learned a lot more than I expected. I keep in touch with my friends from various fields and my professors at SKK GSB. While working at the Korea MBA Association, I often interacted with MBA students from other schools, and met many people at work even after we graduated. The MBA experience was an opportunity in my life where I reflected greatly on myself, and developed a lot as an individual. Related article: https://www.mk.co.kr/news/special-edition/view/2022/04/350118/
- 작성일 2022-04-21
- 조회수 10438

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