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KAIST College of Business ranks no.1 in Asia for executive education
KAIST College of Business ranked 28th in the world and 1st in Asia in the UK Financial Times (FT) 2012 Executive Education open ranking, making it the only school in Korea to be included.
The FT ranking selects the world’s top 65 business graduate schools based on executive education course design, teaching methods & materials, faculty, new skills & learning, quality of participants, and several other criteria. Last year, the KAIST executive education program ranked 29th in the world and 2nd in Asia. This year, it surpassed China’s CEIBS to rank 1st in Asia and has now been included in the ranking for three consecutive years.
Looking at the individual criteria, KAIST ranked highly in course preparation (11th), international location (11th), facilities (12th), and follow-up (5th) and saw increases in aims achieved (31st) and course design (29th).
KAIST attributed its success to the differentiation and specialization of education courses based on position, industry, and enterprise. KAIST College of Business operates an integrative course that fuses business management with science & technology, information media, medicine and innovation. The school runs both a chief and junior executive program to cater to different positional needs and provides specialized lectures that consider a company’s industry and size.
The ‘international location’ criteria saw a huge leap from 23rd to 11th due to the use of both long term and short term overseas exchange programs. The ‘Global Leader’ course created in 2011 is taught only in English and allows students to study abroad in a partner school in the second semester. The college’s knowhow in the MBA program also achieved recognition with high rankings in new skills & learning (18th) as well as in teaching methods & materials (24th).
College of Business President Lee Byung Tae said that the school’s success was achieved through a specialized curriculum that considers the market and explained that the ranking reflects the school’s competitiveness. He also said that KAIST will continue to provide the best educational services appropriate for KAIST’s outstanding reputation.
In the overall ranking, Swiss IMD was ranked number 1, followed by the Harvard Business School. In Asia, China’s CEIBS (29th), Singapore’s Aalto University (42nd), and the National University of Singapore Business School (64th) followed suit.
2012.05.17 View 9132 -
A KAIST student earns 500 million won with "Virtual Finger" idea.
A student’s small idea was transformed into a viable technology, yielding 500 million won through the technology transfer.
In a mobile environment, it is difficult to hold the device and use its multi touch function, at the same time. A doctorate candidate of the KAIST Cultural Technology Graduate School, Hwang Sung Jae (28 years old), identified the inconvenience that it is hard to see the full screen of a mobile phone while manipulating it, and he invented a helper called “Virtual Thumb.”
The thumb allows a user to use only one finger to perform tasks that require the movements of several fingers like punching, zooming in/out and rotating the screen. When the user touches a screen, a virtual finger is created on the other side of the screen and mimics the motion of the user’s touching.
The ‘virtual Finger’ technology is based on the idea that came in second in the 2009 Korea Invention Patent Competition hosted by the Korea Intellectual Property Office and can be applied to any device that has a touch-based system which spans from a TV remote controller to a Tablet PC’s.
The Office of University and Industry Cooperation, KAIST, facilitated to turn Hwang’s idea into commercialization, and on October 18, Victronix, a Korean mobile phone manufacturer, bought a patent right for the technology at 500 million won.
2010.12.13 View 9331