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NAEK Announces the New Members
The National Academy of Engineering of Korea (NAEK) announced its 42 new senior members and 61 new members who are actively engaging in academia and industry. Professor Zong-Tae Bae from the College of Business and Ki-Chul Cha, the head of the KAIST Alumni Association and the CEO of Inbody were appointed as senior members of NAEK while Professor Hee Tae Jung from the Department of Chemical and Biomolecular Engineering was elected as a member of NAEK. NAEK is a corporate body specializing in engineering. It is involved with promoting industrial competence and fostering human resources. Every year, it holds membership voting to select senior members among the members who demonstrated excellent research performance in universities, institutes, and companies. To be elected to NAEK is quite prestigious, and considered as the highest professional honor in the engineering field. NAEK confers membership to those of who have more than 15 years of career experience. After a thorough evaluation, a member can be elevated to a senior member. As of January 2019, NAEK has 285 senior members, 343 members, 432 emeritus members, and 71 foreign members.
2019.01.08
View 2987
Professor Jeong-Ho Lee Named the KAISTian of 2018
(Professor Jeong-Ho Lee (right) poses with President Sung-Chul Shin) Professor Jeong-Ho Lee from the Graduate School of Medical Science and Engineering was selected as the KAISTian of the Year of 2018. The award was established in 2001 and recognizes the most outstanding scholars who have made significant research and scholastic achievements during the year. Professor Lee was awarded during the New Year ceremony held in the auditorium on January 2. Professor Lee has investigated mutations arising in the brain for decades and has published in renowned journals such as Nature, Nature Medicine, and Cell. Last August, Professor Lee reported breakthrough research on glioblastoma in Nature, giving insight into understanding how the mutation causing glioblastoma starts and suggested novel ways to treat glioblastoma, which was thought to be incurable. (Click for more) Professor Lee’s Translational Neurogenetics Laboratory lab is investigating innovative diagnostics and therapeutics for untreatable brain disorders including intractable epilepsy and glioblastoma. To commercialize his technology, he established the tech-startup SoVarGen and now works as its CTO. Professor Lee credited all his lab colleagues and staff. “I know all of this research would not have possible without their sweat and effort. I am happy to receive this honorable award on behalf of them.” Remembering the beginning of his career at KAIST in 2012, Professor Lee said “KAIST seemed to be a very high and formidable barrier for me, after completing my medical education in Korea. I thank my department professors and colleagues who led me to focus on the research path that I really wanted. They provided everything for my research environment to help make good results.” “I will continue to strive for promoting the well-being of humanity by addressing various incurable diseases as well as developing novel therapeutics. That will be the way to promote the stature of KAIST at home and abroad,” he added.
2019.01.02
View 4823
"Do Not Erect the Wall, But Build the Bridge"
(Mr. Ban gave a lecture on UN and Global Citizenship at KAIST) “People are saying that multilateralism is under threat, but I believe that it has helped others keep away from wars. There are currently invisible walls among countries. But do not erect the wall, build the bridge!” On December 7, KAIST invited one of the most admired people by Korea’s younger generation to give a lecture on UN and Global Citizenship, as the final session of the Global Leaders Lecture Series 2018. He is the 33th Minister of Foreign Affairs and the 8th Secretary-General of the United Nations, Ban Ki-Moon. Mr. Ban is recognized for making significant contributions to world peace and environmental preservation during his term at the UN. Mr. Ban first opened his lecture by explaining his great expectations for KAIST students. “KAIST is one of the outstanding universities that fosters the world’s best scientists and for that I have a great expectations for your role in the era of the Fourth Industrial Revolution. In this rapidly changing society, acquiring global citizenship is most important,” he said. Who are global citizens? According to UNESCO, they are ‘active promoters of more peaceful, tolerant, inclusive, secure and sustainable societies’. He stated that global leaders lacking global citizenship has resulted in so many disputes among countries and concerns for themselves. This concept of global citizenship came to him when he studied abroad in the U.S as a young man and met John F. Kennedy. He said, “It touched my heart although I was young. He (John F. Kennedy) told me that the world leaders were not getting along well. During the hype of the Cold War, national boundaries were meaningless. The question was whether I could help others. He then encouraged me, telling me that I could change it because I was young.” Mr. Ban proposed four required mindsets for global citizenship. The first is to have respect, empathy, and trustworthiness for others. He believes that speaking is the foundation of knowledge, while listening is the foundation of wisdom. Although the concept of philosophy might vary between the East and West, listening to others is very important for gaining respect, empathy, and trustworthiness. The second is to be future-oriented, particularly for scientists who have the potential to change civilization. He encouraged the audience to look to the future by sharing his story about climate change. “During my term, I received strong advice from scientists that led me to prioritize the issue of climate change. I focused on climate change for better living conditions around the world.” He also added, “This cannot be done by one country. We need to all work together to live harmoniously with nature.” Third, having a critical mindset is important, especially for scientists because it helps with solving problems by taking a scientific approach, without missing any of the small things. It is essential for scientists to find out new things, particularly in the era of the Fourth Industrial Revolution and informatization; however, they need to keep in mind how their findings will affect us. For instance, they need to question how robotics will change humans’ living patterns, as well as their role and how it links to humanity. Last but not least, passion, which goes along with compassion, is required for helping others. Ban thinks people without passion are like the walking dead. When pursuing policies, they need to have the passion to drive it. At the same time, they need to have compassion for creating a happier life for everyone. Mr. Ban ended by saying to the students, “You did not lead the era of informatization, but you are the beneficiaries of it. Acquiring global citizenship, you need to think how you can help even out the growth across the globe through the development of science during this era.”
2018.12.13
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KAIST Seals the Deal for Kenya KAIST Project
KAIST will participate in Kenya’s strategic economic development plan under the provision of a turnkey-based science and technology education consultancy for the establishment of the Kenya Advanced Institute of Science and Technology (Kenya KAIST).KAIST signed the contract on November 30 with the Konza Technopolis Development Authority to establish Kenya KAIST. Korea Eximbank will offer a 95 million USD loan to the Kenyan government for this project. The project will include the educational and architectural design and construction of Kenya KAIST. The campus will be constructed in the Konza Techno City nearby Nairobi by 2021, with the first batch of 200 graduate students starting classes in 2022. KAIST, in consortium with Samwoo and Sunjin architecture and engineering companies, will take the lead of the three-year project, with the kick-off ceremony planned at the end of next January in Nairobi. The Kenyan government plans to transform Kenya into a middle-income country under Vision 2030 through promoting science, technology, and innovation for national economic growth. Nicknamed Africa’s Silicon Savannah, Konza Techno City is a strategic science and technology hub to realize this vision. To this end, the medium-term plan set a goal to provide specialized research and training in various leading-edge engineering and advanced science fields.In the two-phase evaluation of the consultancy bidding, KAIST won preferred bidder status in the technical proposal evaluation, outbidding three other Korean consortia. Invited to the financial proposal bidding, the KAIST consortium successfully completed month-long contract negotiations with Kenya last week.KAIST will develop academic curricula for six initial departments (Mechanical Engineering, Electrical/Electronic Engineering, ICT Engineering, Chemical Engineering, Civil Engineering, and Agricultural Biotechnology), which will lay the ground work for engineering research and education in Kenya to meet emerging socioeconomic demands. In addition, KAIST will provide the education of basic sciences of math, physics, chemistry, and biology for students.It is also notable that the Kenyan government asked to develop an industry-academy cooperation program in Konza Techno City. It reflects the growing industrial needs of Kenya KAIST, which will be located in the center of the Konza Technopolis. It is anticipated that the technopolis will create 16,675 jobs in the medium term and over 200,000 after completion, positioning Kenya as an ICT hub within the region.KAIST also shares a similar history of establishment with Kenya KAIST, as it will be built with a foreign loan. KAIST, created by the Korean government in 1971 to drive the economic engine through advancement of science and technology with a six-million USD loan from USAID, has now become a donor institution that hands down science and technology education systems including the construction of campuses to underdeveloped countries.The successful case of KAIST has been benchmarked by many countries for years. For instance, KAIST set up the curriculum of the nuclear engineering program at the Khalifa University of Science and Technology in UAE in 2010. In China, Chongqing University of Technology is running its electrical engineering and computer science programs based on the educational systems and curricula offered by KAIST from 2015. In October, KAIST also signed an MOU with the Prince Mohammad Bin Salman College of Cyber Security, AI, and Advanced Technologies in Saudi Arabia to provide the undergraduate program for robotics.Among all these programs benchmarking KAIST, Kenya KAIST clearly stands out, for it is carrying out a turnkey-based project that encompasses every aspect of institution building ranging from educational curriculum development to campus construction and supervision.President Sung-Chul Shin is extremely excited about finalizing the deal, remarking, “It is of great significance that KAIST’s successful development model has carved out a unique path to becoming a global leading university that will benefit other countries. In only a half century, we have transitioned from a receiver to a donor institution, as the country itself has done.”“KAIST will spare no effort for Kenya KAIST to become a successful science and technology university that will play a crucial role in Kenya’s national development. I believe Kenya KAIST will be an exemplary case of an ODA (Official Development Assistance) project based on the development of science and technology to benefit underdeveloped countries,” he added.
2018.12.03
View 8317
KAIST Shows Strong Performance in Crypto Contest Korea 2018
(Awardees at the ceremony for Crypto Contest Korea 2018) A paper titled “Indifferentiability of Truncated Random Permutations” by PhD candidate Wonseok Choi and MS candidate Byeonghak Lee (under Professor Jooyoung Lee) from the KAIST Graduate School of Information Security (GSIS) won first place in Crypto Contest Korea 2018. Byeonghak Lee became a repeat winner since his paper titled “Tweakable Block Ciphers Secure Beyond the Birthday Bound in the Ideal Cipher Model” also received an award at Crypto Contest Korea 2017. The contest, hosted by the Korea Cryptography Forum, the Korea Institute of Information Security & Cryptology, and the National Security Research Institute and sponsored by the National Intelligence Service, was held for promoting cryptography in Korea. The total prize money is fifty million won with ten million won going to the first place winners. The contest was divided into three divisions: paper, problem solving, and idea. Among the three divisions, first place came from the paper division only. Besides first place, KAIST students showed outstanding performance in the contest. PhD candidate Seongkwang Kim received participation prize while he also received special prizes with MS candidate Yeongmin Lee. The hacking club GoN (under Professor Sang Kil Cha), comprised of undergraduate students from the GSIS was awarded the grand prize in the division of problem solving. The award ceremony was held during the Future Crypto Workshop 2018 on November 15. The awards ceremony for Crypto Expert Korea 2018 were also held there, and PhD candidate Ji-Eun Lee from the School of Computing and Byeonghak Lee received awards, the grand prize and runner-up prize respectively.
2018.11.27
View 6542
Vietnamese Alumni of Korean S&T Universities Gather in Hanoi
(Vietnamese KAIST alumni gather in Hanoi on November 24.) (Dr.Huong Minh Nguyen at the Institute of Biotechnology in the Vietnam Academy of Science and Technology (VAST). She is the representative of Vietnamese KAIST alumni.) Some came from Ho Chi Minh and some even flew in from Singapore. For those KAIST alumni who gathered in Hanoi, the trip was well worth it. More than 100 Vietnamese alumni of KAIST, GIST, and UST attended the reunion in Hanoi on November 24. Presidents and vice president from three universities welcomed them and celebrated their successful careers after returning home or starting careers in other countries. The reunion was co-hosted by KAIST, UST, and GIST in an effort to make a platform for continued networking for scientists who have studied at Korea’s science and technology universities. This joint reunion will be expected to include other science and technology universities and institutes in the future. Among 1,873 international KAIST alumni from 106 countries, the number of Vietnamese graduates is the most dominant with 262 alumni, 14% of the total international alumni. Welcoming them, KAIST Vice President Soohyun Kim said that he was very impressed that all of the alumni are making a very impressive stride in their fields. “You will be a big asset to make your country grow. You will also be a bridge for future collaborations with your institutions and KAIST and Korea. Vietnam holds great potential for future prosperity especially in science and technology and we look forward to seeing this network continue to benefit both countries.” Vice President Kim said all of the presidents shared the idea to make this gathering a regular event. “Other S&T universities will join to hold joint reunions in other countries in the future,” he added. Dr. Huong Minh Nguyen at the Institute of Biotechnology in the Vietnam Academy of Science and Technology (VAST) is one of 22 KAIST alumni who joined the reunion and supported the idea. She is also the representative of Vietnamese KAIST alumni. Dr. Nguyen, who earned her MS and PhD in the Department of Biological Sciences in 2013, spent five and half years at KAIST. “All the members at the lab were taking care of each other. When I joined the lab back then, they treated me as a ‘baby sister’ in a family and our relationship grew like a sister and brotherhood. I still appreciate the bonding relationship we could make with our colleagues.” She cites a supporting culture, a competent educational system that places a focus on practicality, and rich resources that help researchers try whatever they want as the distinct advantages of a KAIST education. “I never heard my professor saying “No” to any of my suggestions in conducting research. Professors and lab members put all their efforts, resources, and facilities to getting my research started. They helped me obtain all the resources that I needed. It was a huge encouragement to me,” she added. She started her Masters, along with four Vietnamese colleagues, right after graduating from the Hanoi University of Natural Sciences, a top science university in Vietnam. Their experience at KAIST during a 4-week exchange program during undergraduates made them decide their academic destination without any doubt. All of them finished their PhDs in 2013. Two of them moved back home and the two others are now in the US and Germany as postdoctoral fellows. “At that time, I could go to other countries for my further studies. But I already experienced KAIST for a month when I was an undergraduate, so I was not hesitant to go to KAIST. All of the classes are in English so, for students who do not speak in Korean, language does not bring any problems in studying and conducting research.” She said that KAIST alumni are enjoying very successful careers in Vietnam and many foreign countries. “We do not have any problems choosing our careers back home and other countries we wanted to work in.” However, like many PhD candidates who feel pressure about their studies and an uncertain future, her days at KAIST also included challenging times while adjusting to Korean culture. She took Korean classes for three semesters voluntarily at the KAIST Language Center to better understand Korea and her lab members. Her efforts paid off well. She could easily communicate with her colleagues and felt she became a real part of the inner group. But the stress remained to prove herself in research and she still had to deal with some bias. “I know some people think Vietnam is behind Korea. Many people think that we are not as good as Korean students because we are from Vietnam. I desperately wanted to prove that I am as good as my peers.” Studying together with Korean and other international PhD candidates, she realized that everyone has their own purposes and pressures. “Even though there are minor differences, every PhD candidate has the same issues with their uncertain futures. It was quite comforting when we shared that it’s not only my problem. To understand that it’s a problem we all share comforts us a lot and we came to support each other. To better help students release such pressure and stress, she said the university needs to create more diverse institutional channels to communicate with them. “Looking back, I was younger and less competent to speak up about when we were stressed and needed to ask for help. I hope students can begin to release their pressure and stress through diverse channels and resolve the problems,” she said. Asked about her future plans, she replied, “I don’t think I can do anything better than what I am doing now. I enjoy what I am doing now at my institute. But in the near very future, I want to visit Korea and KAIST again.”
2018.11.27
View 3247
Distinguished Professor Lee Re-Appointed As Co-Chair of the Global Future Council on Biotechnology
(Distinguished Professor Sang Yup Lee) Distinguished Professor Sang Yup Lee from the Department of Chemical and Biomolecular Engineering was re-appointed as the co-chair of the Global Future Council on Biotechnology at the World Economic Forum during the annual GFC meeting in Dubai, UAE last week. Elizabeth O’Day, founder and CEO of Olaris Therapeutics, will co-chair the council with him for two years. Professor Lee served as the inaugural co-chair of the council for two years from 2016 with Professor Feng Zhang from the Broad Institute of MIT and Harvard. The World Economic Forum’s Global Future Councils on Biotechnology is comprised of 14 members and aims to identify policy opportunities to help accelerate new biotechnological discoveries and applications while guiding dialogue with consumers about their implications. Professor Lee, who has made significant research breakthroughs in the field of systems metabolic engineering, received the George Washington Carver Award, the PV Danckwerts Memorial Lecture Award, and the Eni Award this year.
2018.11.19
View 3147
OUIC Presents the Six Most Promising Techs Transferrable to Local SMEs
KAIST will showcase the six most promising technologies for small and medium enterprises (SMEs) on November 14 in the Academic Cultural Complex. To strengthen the competitive edge of local SMEs in Daejeon, the Office of University-Industry made a survey of their technological needs and came up with the six most promising technologies. Developers will introduce their technologies during the session.Besides the introduction of the promising technologies, the session will also provide a program named University to Business (U2B) to match up technologies according to the SMEs’ needs. SMEs who wish to engage in technology transfers can receive counseling and other support programs during the session.First, Professor Seok-Hyung Bae from the Department of Industrial Design will present a technology for controlling cooperation robots. Professor Bae inserted flexible materials between the controllers to allow robots to use both hands stably and operate more accurately and swiftly. It can be applied to automatic robots, industrial robots, and service robots.Professor Hyun Myung from the Department of Civil & Environmental Engineering will demonstrate a robot navigation system in a dynamic indoor and outdoor environment, which can be applied to robotics in logistics, smart factories, and autonomous vehicles. Providing robust simultaneous localization and mapping systems, this technology shows high-performing navigation with low-cost sensors.Meanwhile, Professor Siyoung Choi from the Department of Chemical and Biomolecular Engineering will introduce a technology for forming stable adhesive emulsions. An emulsion is a stable mixture of water and oil. Conventionally, a small amount of surfactant is added to stabilize an emulsion. Here, Professor Choi developed a stable emulsion system without using any chemical substances. This technology can be applied to various fields, including the cosmetics, pharmaceutical, semiconductor, and painting industries. The session will also present smart IoTs platform technology developed by Professor Jinhong Yang from the KAIST Institute for IT Convergence. His technology minimizes errors occurring when multiple IoT devices are connected simultaneously. Professor Yong Keun Park from the Department of Physics will introduce a technology for measuring glycated hemoglobin by using the optical properties of red blood cells. This technology can be applied to make low-cost, small-sized measuring equipment. It can also be used for vitro diagnoses including diabetes, cardiovascular disorders, tumors, kidney disease, and infectious diseases. Professor Yong Man Ro from the School of Electrical Engineering will show technology for biometric access control. Conventional technologies for face recognition fall behind other biometrics. Professor Ro and his team developed a facial dynamics interpreting network which allows very accurate facial recognition by interpreting the relationships between facial local dynamics and estimating facial traits. This technology can be applied to security and communication in finance, computers, and information system.KAIST President Sung-Chul Shin said, “KAIST will continue to support SMEs to have stronger competitiveness in the market. Through technology transfer, we will drive innovation in technological commercialization where a university’s research and development creates economic value.”
2018.11.13
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Global Lounge Opens for Language and Cultural Exchange
KAIST celebrated the opening of its new Global Lounge on November 8. KAIST’s president, administrative executives, representatives of Korean and international student associations, and many other students attended the ceremony. The Global Lounge, located on the fourth floor of the Academic Cultural Complex, was opened for students to share language and culture in a warm and pleasant environment. The Global Lounge will serve as a comfortable and open space. Students around the world can build networks by interacting with one another and freely sharing their ideas. The lounge offers travel guidebooks and magazines for those who wish to learn more about countries around the world. It also boasts a room for seminars and a tearoom. The seminar room will be used for multipurpose space; while activities such as meditation, tea classes, and etiquette lessons will take place in the tearoom. One of the major highlights of the global lounge is that it exhibits cultural artifacts donated by embassies in Korea. At the opening ceremony, President Sung-Chul Shin expressed the importance of communication and interaction among students by saying, “You can better embrace challenges and come up with creative ideas when you are interacting with others. I hope this Global Lounge serves as a multi-functional space for raising cultural awareness.”
2018.11.08
View 2342
Team KAT Wins the Autonomous Car Challenge
(Team KAT receiving the Presidential Award) A KAIST team won the 2018 International Autonomous Car Challenge for University Students held in Daegu on November 2. Professor Seung-Hyun Kong from the ChoChunShik Graduate School of Green Transportation and his team participated in this contest with the team named KAT (KAIST Autonomous Technologies). The team received the Presidential Award with a fifty million won cash prize and an opportunity for a field trip abroad. The competition was conducted on actual roads with Connected Autonomous Vehicles (CAV), which incorporate autonomous driving technologies and vehicle-to-everything (V2X) communication system. In this contest, the autonomous vehicles were given a mission to pick up passengers or parcels. Through the V2X communication, the contest gave current location of the passengers or parcels, their destination, and service profitability according to distance and level of service difficulty. The participating vehicles had to be equipped very accurate and robust navigation system since they had to drive on narrow roads as well as go through tunnels where GPS was not available. Moreover, they had to use camera-based recognition technology that was invulnerable to backlight as the contest was in the late afternoon. The contest scored the mission in the following way: the vehicles get points if they pick up passengers and safely drop them off at their destination; on the other hand, points are deducted when they violate lanes or traffic lights. It will be a major black mark if a participant sitting in the driver’s seat needs to get involved in driving due to a technical issue. Youngbo Shim of KAT said, “We believe that we got major points for technical superiority in autonomous driving and our algorithm for passenger selection.” This contest, hosted by Ministry of Trade, Industry and Energy, was the first international competition for autonomous driving on actual roads. A total of nine teams participated in the final contest, four domestic teams and five teams allied with overseas universities such as Tsinghua University, Waseda University, and Nanyang Technological University. Professor Kong said, “There is still a long way to go for fully autonomous vehicles that drive flexibly under congested traffic conditions. However, we will continue to our research in order to achieve high-quality autonomous driving technology.” (Team KAT getting ready for the challenge)
2018.11.06
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Professor Baik Awarded Sangsan Young Mathematician Prize
(Professor Hyungryul Baik) Professor Hyungryul Baik from the Department of Mathematical Sciences was honored as the recipient of the 2018 Sangsan Prize for Young Mathematicians by the Korean Mathematical Society (KMS). The Sangsan Prize recognizes young mathematicians who finished their degree within the previous five years and have begun an outstanding research career. Professor Baik was recognized for his studies in the fields of low-dimensional topology, geophysical mathematics, and geometric theory. In particular, his Ph.D. dissertation presented a new criterion that completely identifies the hyperbolic surface group, making an inference about the nature of the hyperbolic manifold group. Recently, Professor Baik co-published a paper entitled Spaces of Invariant Circular Orders of Groups with Professor Eric Samperton at the University of California Santa Barbara in the renowned academic journal Groups, Geometry, and Dynamics in 2018. Professor Baik earned his BS at KAIST and finished his MS and Ph.D. in mathematics in 2014 at Cornell University. He joined KAIST as a faculty member last year.
2018.10.30
View 5197
KAIST Thanks Supporters for Building KAIST of Today
KAIST hosted its first Fundraising Gala on October 26, 2018. It was organized to demonstrate deep gratitude to those who have made contributions to KAIST, making it possible to progress every year. The KAIST Development Foundation (KDF) endeavored to make a meaningful and inclusive event by collecting archives that show the history of donations while sending invitatio ns to all the members of KAIST, including donors and potential donors as well as professors and student representatives. Approximately 200 distinguished guests attended the gala, including major donors, Chairperson of KDF Soo Young Lee and Chairman Beang Ho Kim, Former Minister of Science Dr. Geun Mo Jung, Former Minister of Science and Technology Woo Sik Kim, and KAIST alumni including the first Korean astronaut So-Yeon Yi. (Student cheer leading club, ELKA) At the gala, KAIST shared its 47 years of funding and an expenditure summary with major performances achieved from the year it was founded. According to the summary, KAIST has received more than 323.1 billion won since 1971. The total number of donors was 12,906 while the number of contribution reached 77,710. Among the total funding (323.1 billion won), corporate gifts made up 43.1% of the total and individual gifts stood at 39.1%, showing that KAIST has received and is receiving support evenly from companies and individuals. Taking a close look at the major donors, there is an interesting fact about KAIST’s fundraising culture. There has been continuous support from individuals who did not have any personal or academic ties with KAIST before donating. However, they have made large gifts to KAIST so that the best students in the fields of science and technology can be fostered for the sake of national development. The major donors included Young Han Kim (1999), Moon Soul Chung (2001), Byiung Joon Park (2007), Keun Chul Ryu (2008), Beong Ho Kim (2009), Chun Shik Cho and E won Oh (2010), Soo Young Lee (2012), Tae-won Chey (2014), Jeong Ja Cho (2015), and Chang Kun Sohn (2017). Especially, M. S. Chung, B. H. Kim, C. S. Cho and S. Y. Lee made additional mega-gifts to KAIST, showing continuous support for KAIST’s development. Nevertheless, the KAIST fundraising culture could not be created with major donors only. Among the total number of donors (12,906), alumni showed the strong engagement standing at 40.4% while parents and students were at 26.1% and 12.7% respectively. The contribution numbers follow the order of alumni (34.8%), parents (20.3%), staff (20%), professors (13.3%), and students (5.7%). These statistics imply that individual’s constant donations play a significant part in the fundraising culture of KAIST. Additionally, engagement continues to rise every year, and it reached 12,039 gifts in 2017, which increased 5.7 times over ten years. (from left: Executive Director of KDF Young-gul Kim KAIST President Sung-Chul Shin) These valuable gifts are the vital fuel for KAIST’s progress. As of 2018, KAIST has spent 205.8 billion won: 81.9 billion won for construction and facilities operation, 79.7 billion won for academics and research, 39 billion won for academic management, and 5.2 billion won for scholarships. The construction and facilities operation fund aided the evolution of physical infrastructure. KAIST endowed the ChungMoonSoul Building for promoting convergence between information and biotechnology, the Yang Bun Soon Building for bio and brain engineering studies, and the Chunghi & Byiung Jun Park KI Building for multi and interdisciplinary research. Their generous gifts built the foundation for KAIST taking off towards becoming a global leading university. Meanwhile, the academic and research funds provided opportunities to professors and students to carry out creative research and academic missions. The academic management fund helped open new departments (i.e. The Cho Chun Shik Graduate School of Green Transportation and the Moon Soul Graduate School of Future Strategy) and their programs, for which their names came from the major donors. (The first Korean astronaut So-Yeon Yi) At the gala, special events were held for two exclusive moments that contributed to promoting and making a better image for KAIST to the public. One was the 10th anniversary of the space exploration of the first Korean astronaut Dr. Yi. The other was the 20th anniversary of the TV drama series, called ‘KAIST’ which was aired from 1999 to 2000. The writer and main casting crew members joined the event. They said that it was their first time to gather in one place after the show last aired and this event would be memorable for them as well. President Sung-Chul Shin said, “These gifts play the role of seed money that helps KAIST obtain competence in a global scenario. I hope people have more interest in supporting KAIST through this event.” 1 Total Amount of Gift 2 Total Donors 3 Expenditure Number of Contribution 4 Expenditure
2018.10.29
View 6612
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