School of Business

Guidelines for Academic Year 2016

English Track International Student

 

1. Graduation Requirements

a. Total credits for graduation: 129 Credits

b. Required credits by academic category

■ Regular Program

Division	College Compulsory				Department Compulsory	SW	Major
	Ajou Heemang	Korean 1,2	English Composition 1	Liberal arts by Scope	Career Design 1	Business Statistics and Data Analysis	Major Compulsory	Major Elective
Business Administration	-	6	3	12	1	3	36	27 including intensified program, 9 credits

 

· SW: Major compulsory courses: Management Information Systems (3/3)

· Primary Major: Major compulsory courses): Business and Management (3/3), Principles of Economics (3/3), (Principles of Accounting (3/3), Organizational Behavior (3/3), (Marketing Management (3/3), Financial Management (3/3), Operations Management (3/3), (Management Information Systems (3/3), (Business English 1(3/3)), (Business English 2(3/3), Globiz Project – Capstone Design (3/3), Career Design 2(3/3)

■ Intensified Program – Only for international students who enrolled through international student admission

※ Students need to complete required courses of intensified programs from at least one of the 5 specific major fields listed below. Required courses in each field’s intensified program are counted as major electives.

※ Intensified Program Completion Criteria by fields: 3 courses should be taken among major electives of the respective major.)

Scope	Major Elective
Accounting	Advanced Managerial Accounting, Advanced Financial Accounting, Managerial Accounting, Tax Accounting, Tax Law, Financial Statement Analysis, Governmental and Non-for-Profit Accounting, Intermediate Financial Accounting 1, Intermediate Financial Accounting 2, Auditing
Finance	Advanced Corporate Finance, Fixed Income Securities, International Financial Management, Financial Markets, Option and Futures, Investment
Marketing	Retail Strategy, Advertising, Database Marketing, Marketing Seminar(Capstone Design), Marketing Strategy, Marketing Research, Consumer Behavior, New Product Marketing, Channels of Distribution
MS/OM Operation Managements	Mathematics for Management, Management Science, Simulation for Management, Introduction to Probability Models of Business, Supply Chain Management, Supply Chain Strategy and Operations), Service Management, Management Decision Making
Personnel organization	Industrial Relations, Leadership, Human Resources Management, Organizational Theory – Capstone Design, Organizational Culture, Organizational Transformation, Seminar in Organizational Behavior, Negotiation

2. Graduation Requirement

■ Total course credits for graduation: 129 Credits

■ Overall GPA: 2.0 and higher

 

3. Academic Year 2016 recommended course of study list - English Track

■ Regular Program

Year	First Semester					Course by Scope	Second Semester
	Title of Course	Credits	School Hours	Prerequisite	Offered in English		Title of Course	Credits	School Hours	Prerequisite	Offered in English
1	Korean 1	3	3		O	University Compulsory	Offered by Dasan College (Korean 2)	3	3		O
							Offered by English Dept. (English Composition 1)	3	3		O
	World of Music	3	3		O		Korean History and the Development of Korean People
	Business Statistics and Data Analysis	3	3	N/A	O	Dept. Compulsory(SW)	(Business Statistics and Data Analysis)	3	3	N/A	O
	Principles of Economics 1	3	3	N/A	O	Major Compulsory	Principles of Economics 1	3	3	N/A	O
	Business and Management	3	3	N/A	O		Business and Management	3	3	N/A	O
	Principles of Accounting)	3	3	N/A	O		Principles of Accounting	3	3	N/A	O
	Business English 1	3	3	N/A	O		Business English 1	3	3	N/A	O
	-			Total						-
	)Liberal art (Science and Religion)	3	3		O	Major Compulsory	Liberal art Current Issues in Korean Society	3	3		O
2	Marketing Management	3	3	Business English 1 (applied since 2016th)	O		Marketing Management	3	3	Business English 1 (applied since 2016th)	O
	Financial Management	3	3	Business Statistics and Data Analysis, Principles of Accounting), Business English 1 (applied since 2016th)	O		Financial Management	3	3	(Business Statistics and Data Analysis), Principles of Accounting, Business English 1 (applied since 2016th)	O
	Operation Management	3	3	Business Statistics and Data Analysis, Business English 1) (applied since 2016th)	O		Operation Management	3	3	Business Statistics and Data Analysis, Business English 1 (applied since 2016th)	O
	Organizational Behavior	3	3	Business English 1 (applied since 2016th)	O		Organizational Behavior	3	3	Business English 1 (applied since 2016th)	O
	Management Information Systems	3	3	N/A	O		(Management Information Systems)	3	3	N/A	O
	Business English 2	3	3	N/A	O		Business English 2	3	3	N/A	O
4	Globiz Project – (Capstone Design)	3	3	N/A	O		Globiz Project – (Capstone Design)	3	3	N/A	O
	-			Total						-
2	Managerial Accounting	3	3	Principles of Accounting	O	Major elective course (Accounting)	Managerial Accounting	3	3	Principles of Accounting	O
	Intermediate Financial Accounting 1	3	3	Principles of Accounting	O		Intermediate Financial Accounting 1	3	3	Principles of Accounting	O
							Intermediate Financial Accounting 2)	3	3	Principles of Accounting, (Intermediate Financial Accounting 1)	O
3	Intermediate Financial Accounting 2	3	3	Principles of Accounting, (Intermediate Financial Accounting 1)	O		Tax Accounting	3	3	Principles of Accounting
	-			Total						-
2	Consumer Behavior	3	3	(Marketing Management)	O	Major elective course (Marketing)	Consumer Behavior	3	3	Marketing Management	O
	(Marketing Research)	3	3	Marketing Management	O		Marketing Research	3	3	Marketing Management	O
3	(Advertising)	3	3	Marketing Management	O		(Advertising)	3	3	Marketing Management	O
	-			Total
2						Major elective course (Finance)	Financial Markets	3	3	Financial Management, Principles of Economics 2	O
3	Investment	3	3	Financial Management	O		Investment	3	3	Financial Management	O
							(Options and Futures)	3	3	(Investment)	O
4	International Financial Management	3	3	Financial Management	O		Fixed Income Securities	3	3	Financial Management	O
	-			Total						-
2	Human Resources Management	3	3	Organizational Behavior	O	Major elective course (HR, OB))	Human Resources Management	3	3	Organizational Behavior	O
							Organization theory(Capstone Design)	3	3	Organizational Behavior
3	(Organizational Culture)	3	3	(Organizational Behavior)	O		Industrial Relations	3	3	(Organizational Behavior)	O
	-			Total						-
1	Mathematics for Management	3	3	N/A	O	Major elective course  (MS/OM)	Mathematics for Management	3	3	N/A	O
2	(Management Science)	3	3	Mathematics for Management, Business Statistics and Data Analysis	O		Introduction to Probability Models of Business	3	3	Mathematics for Management, Business Statistics and Data Analysis	O
3,4	Simulation for Management	3	3	Mathematics for Management, Business Statistics and Data Analysis	O
	Management Decision Making	3	3	Business Statistics and Data Analysis	O
	-			Total						-
2	(Entrepreneurship)	3	3	N/A	O	Major elective course  (Strategy management)	Entrepreneurship	3	3	N/A	O
	(Cross Cultural Management)	3	3	N/A	O		Cross Cultural Management	3	3	N/A	O
3	Strategy management (Capstone Design)	3	3	N/A	O		Strategy Management (Capstone Design)	3	3	N/A	O
	Company Law 1	3	3	N/A	O		Company Law 2	3	3	N/A	O
	Management of Innovation)	3	3	N/A	O
	Business Ethics	3	3	N/A	O
	Korean Business & Management	3	3	N/A	O		Korean Business & Management	3	3	N/A	O
4	Business Ethics	3	3	N/A	O		Understanding Modern Capitalism	3	3	Principles of Economics 1	O
	-			Total						-

 

Course Description

 

Business Statistics

This course deals with the first phase (Statistics-1) of statistical methods that is basically required in the decision-making process for the settlement of problems in an uncertain corporate situation. It helps students understand ways for the collection, compilation and analysis of materials and to apply the theory to real problems. 

 

Principles of Economics-1

This course deals with an understanding of basic phenomena of the economy, price functions in resource allocation under the market economy system, income distribution, the fixing of the national income level and the associated fluctuations, international trade and the international account of balance, economic development, the government’s role in settlement of economic problems, etc.

 

Principle of Accounting (Prerequisite: Principles of Economics-1)

As the basic subject for accounting, this course teaches the basic concepts and principles of accounting. Especially, it helps students lay the foundation for financial accounting and managerial accounting by including bookkeeping operational principles. A focus is placed on the accounting information system used to record, classify and summarize economic events systematically in order to provide reports in the form of financial statements.

 

Business English

This course aims to lay the foundation of conversation ability in business that helps to adapt global business environment and it comprises appropriate information based on global business working environments. Students develop ability to handle tasks in English that are required in work situations and everyday life.

 

Marketing Management (Prerequisites: Principles of Economics-1, Quantitative Management, Management Statistics)

The success of a business is ultimately decided in the market. Marketing is an activity designed to create and maintain a customer base for success in the market. This course aims to help students gain a basic understanding of the concept of marketing and to cultivate their ability to grasp and solving marketing-related problems as would-be business managers. In addition, they familiarize themselves with marketing strategies and the managerial aspects of the marketing mix.

 

Financial Management (Prerequisites: Principles of Economics-1, Quantitative Management, Management Statistics and Principles of Accounting)

This is an introductory course in financial management. The course deals with the following basic theories concerning corporate investment and financial decision making: present value theory, capital budgeting theory, the theory of investment decision making in an uncertain situation, and capital asset pricing theory.

 

Operations Management (Prerequisites: Principles of Economics-1, Quantitative Management, Management Statistics)

The success of a business is ultimately decided in the market. Marketing is an activity designed to create and maintain a customer base for success in the market. This course aims to help students gain a basic understanding of the concept of marketing and to cultivate their ability to grasp and solving marketing-related problems as would-be business managers. In addition, they familiarize themselves with marketing strategies and the managerial aspects of the marketing mix. 

 

Operations Management (Prerequisites: Principles of Economic-1, Quantitative Management, Management Statistics)

This course aims to help students build the ability to design a model-based system through scientific analysis and research concerning the concepts, skills and processes required for rational operation of organizations. Additionally, students study all of the practical matters associated with putting a design into practice. The major content of the course includes quantitative approaches, such as sales forecasts, production control, inventory control, facility planning, quality and process control, and conceptual management techniques, such as JIT, TQC, Lean, etc.

 

Organizational Behavior

In this course, students study the basic knowledge about human behavior in a group or an organization as well as organizational management. This course deals with diverse subjects, such as personality and motivation, small group dynamics, communication, decision-making, leadership, organizational structure design, etc.

 

Management Information System

This course deals with the structure and function of the management information system (MIS) that collects, stores, retrieves and processes information, which is a crucial resource for modern-day management. This provides them with the appropriate users in a suitable form at an opportune time. The subject includes research on the structure and function of computers, which is a means of realization of MIS, the transaction processing system, which is a type of MIS, the information reporting system, the decision-making support system and the experts system, which is the most recent research area.

 

Management Information Systems

This is an introductory course that deals with all subjects relating to information technology. The course deals with the principles of information technology. In this course, students familiarize themselves with various types of information systems and gain knowledge about information-related technologies. Information technology is now regarded as an essential weapon against the competition rather than merely a tool for the accumulation or creation of materials. Students are expected to build the ability to survive in this era of information-based competition by acquiring the basic knowledge needed to use information technology as a weapon against the competition.

 

Business English 2

This course is advanced module of Business English 1 and fosters business conversational ability which helps to adapt global business environments and comprises appropriate information based on global business working environments. Students develop the ability to handle tasks in English required in work situations and everyday life.

 

Globiz Project (Capstone Design)

This course helps students to understand the convergence process of Business Administration, Regional Studies, and the subject (Capstone) provide comprehensive, in depth and actual learning opportunities to students who desires to become experts of a specific region. Students formulate teams and receive guidance from their academic advisers to present and submit reports on the performed Global Business projects.

 

Managerial Accounting (Prerequisites: Principles of Economics-1, Quantitative Management and Management Statistics)

This course aims to teach the basic concepts required for the provision of accounting information used by the manager to set up managerial plans and carry out the business of control in the face of changes in the manufacturing environment. Students also design evaluative systems. The course also helps students to apply prepared accounting information to real decision making scenarios.

 

Intermediate Financial Accounting-1 (Prerequisite: Principles of Accounting)

This course teaches the theoretical structure of work-level corporate accounting, with the focus on financial accounting standards, while helping students acquire the knowledge required to solve real accounting problems under the accounting-related regulations.

 

Intermediate Financial Accounting-2 (Prerequisite: Principles of Accounting)

This course aims at in-depth study of financial accounting, in addition to helping students acquire knowledge that can be linked with high-end accounting. Students come to understand the methods for drawing up financial statements, asset appraisal, revenue/expense recognition, price-flexibility accounting and other concrete accounting methods.

 

Tax Accounting (Prerequisites: Principles of Accounting)

This course helps students understand that tax-related matters serve as an important factor in corporate decision making. It deals with the process of readjusting corporate profits calculated in corporate accounting as taxable income under the relevant tax regulations, the decisions made with tax taken into account, how to deal with corporate tax under the deferred accounting system and international tax agreements.

 

Consumer Behavior (Prerequisite: Marketing Management)

Marketing begins with determining consumer desire and ends with ascertaining whether the consumer is satisfied. For successful customer-oriented marketing, it is important to have a clear understanding of the customer purchase decision making process and the factors that impact on it. This course focuses on a review of such a process through the analysis of relevant fields, such as sociology, psychology, and cultural anthropology.

 

Marketing Research (Prerequisite: Marketing Management)

This course deals with the theories and techniques concerning the collection of materials required for rational decision making and their scientific analysis and interpretation under the present-day corporate environment, where the inherent uncertainties are increasing. It also carries out practical sessions in which the relevant theories and techniques are applied to real situations.

 

Advertising (Prerequisite: Marketing Management)

This course aims to help students understand promotional activities, which are an essential part of corporate operations, from a theoretical and managerial perspective. The focus is placed on the theory and practice of advertising and communications as well as the marketing and communications-related aspects of advertising.

 

Financial Markets (Prerequisites: Principles of Economics-2, Financial Management)

This course discusses the function and efficiency of the financial market and makes an in-depth analysis of the financial products and securities available in the financial market. It also highlights how interest rates, which play the most important role in the financial markets, are fixed, as well as their relevant structures.

 

Investments

This course deals with the matters concerning the appraisal of the value of investment targets, such as analysis of the function of the capital market, the features of investment in securities, i.e., stocks, bonds, options and futures, and the modern capital market theory that deals with models that decide the prices of capital and assets and the investment strategies.

 

Options and futures

In this course, students learn about derivatives, such as futures and options, the mechanism of the derivatives market and decisions made when dealing with them. Students also carry out demonstrative research.

 

International Financial Management (Prerequisites: Financial management)

With the recent opening of the county’s economy, international foreign exchange transactions are becoming common and efficient foreign exchange management has emerged as an urgent managerial task. In step with such a change in the economic environment, this course deals with the foreign exchange rate mechanism and theories, the measurement and management of exchange risk, international investment decisions, international fund supply decisions and international taxation.

 

International Financial Management

In connection with the globalized business management environment, in which businesses are apt to be exposed to risks, such international regulations or fluctuations in exchange rates and interest rates, this course deals with the basic theories concerning exchange rates and interest rates and the methods of improvement of corporate value by means of hedging the relevant risks. Students also study related subjects, such as foreign investment and multinational financial markets.

 

Fixed Income Securities (Prerequisite: Financial Management)

This course aims to help students analyze and understand bonds and interest rate derivatives. Students study the relationships between the following factors: bond prices and yields, spot interest rates, leading interest rates and maturity rates as well as the duration of bond prices against interest rates, the sensitivity index of convexity, the fixation of the price of derivatives based on the interest rate binominal tree model and decision making based on the interest rate period structure.

 

Fixed Income Securities

Bonds are important and representative financial products. They account for 60~70% of the value of all marketable securities published throughout the world. They are an important means of fund supply for the government, businesses and individuals. Simultaneously, they are investment assets.

This course deals with valuation of bonds and the investment strategies concerning them, systematically and concretely. Students study matters concerning the issuance of bonds, the market for their distribution, the term structure of interest rates, bond valuation, real estate-based securities, bond duration, and risk management using the concept of convexity.

 

Human Resources Management (Prerequisite: Organizational Behavior Theory)

This course focuses on the functions of personnel management and its developmental process, traditional management methods, human relations theory, behavioral science approach, comparison of the different ways of strategic human resource management, the overall personnel business procedure ranging from recruitment to retirement and the measures for human resources development.

 

Organizational Culture (Prerequisite: Organizational Behavior)

This course covers the theory and practice of corporate culture that became the focus of attention in the 1980s, in addition to dealing with the appearance of corporate culture, its significance, function, mechanism of formation, and process of change. Students are also encouraged to study the relevant theories, such as anthropology, psychology, and the science of communication and to build the ability for application and practice through the study of cases of managerial innovation.

 

Industrial Relations (Prerequisite: Organizational Behavior)

This course deals with labor relations, the types and characteristics of labor unions, the background, significance and history of the labor movement, and the measures to be taken for improved relations with workers for management rationalization. 

 

Management Science (Prerequisites: Quantitative Management, Management Statistics)

In this course, students learn managerial decision making techniques based on quantitative approaches that are absolutely required in complicated modern-day corporate management (computer-based optimal linear models are used to find solutions to real managerial problems).

 

Management Science (Prerequisite: Quantitative Management, Management Statistics)

In this course, students learn managerial decision making techniques based on quantitative approaches that are absolutely required in complicated modern-day corporate management (computer-based optimal linear models are used to find solutions to real managerial problems).

The first half of the course includes linear programming, transportation, assignment models, PERT/CPM, etc., while the latter half includes goal programming, queuing, dynamic programming, simulation, etc.

 

Introduction to Probability Models of Business

This is a general follow-up course of Business Administration. This course particularly deals with problems and models that includes statistics and probability concepts within problem-solving methods and models of Business Administration that is commonly used by financial management, production management and various field of Business Administration.

 

Managerial Decision Making (Prerequisite: Principles of Economics-1. Quantitative Management, Management Statistics)

In this course, students learn the designation and application of mathematical models, using micro and macroeconomic theories, for the analysis of economic issues relating to corporate management. They also study demand measurement, consumption theory, operation of a price-profit margin system, and market structure.

 

Entrepreneurship

In connection with the fact that a startup is an important choice in career development, this course deals with the matters concerning the exploration of business opportunities, the productive use of such and the need for accumulation of resources. The course helps students to become aware of the situations and problems that occur in the course of starting up a business as well as arming them with the basic knowledge with which to solve such problems. Students also acquire the mindset, behavior and attitude that those starting up a business need to have. Students are expected to gain a grasp of the entire process of successful startup operations.

 

Commercial Act-1 (Company Law)

In this course, students study the legal matters pertaining to businesses, such as their types, establishment and closure, fund supply, management organizations, legal status of shareholders and M&A, etc. The course helps students acquire cultural knowledge about the company Low. It is a must course for students aspiring to be a CPA, a tax accountant, a financial planner, an investment consultant, or a financial analyst.

 

Commercial Act-2 (General Provisions of Commercial Act and Bills of Exchange and Promissory Notes Act)

In this course, students study the legal matters pertaining to business people, business acts, promissory notes, bills of exchange, checks and electronic notes. This course, along with Commercial Act-1, is a must for students aspiring to be a CPA.

BIZ3615 Business Ethics

In this course, students find understandings of ethical paradigm changes and studies the methods of adopting business operations to the decision making process.

 

Management of Innovation

In this course, students learn basic theory about skill, understanding and innovation from various academic perspectives and introduces various practical tools and techniques. It provides knowledge and help develop intellectual insights that is essential for successful strategic innovation managers through researches on real global business cases.

 

Korean Business & Management

This course deals with Korean business environment and business management characteristics. Korea achieved world success and economic growth through unique conglomerate system. It deals not only conglomerate’s characteristics and culture of business, but also venture managements that are recently been featured. It will be helpful, especially to foreign students who are interested in Korea.

 

Korean Business & Management

This course deals with Korean business environment and business management characteristics. Korea achieved world success and economic growth through unique conglomerate system. It deals not only conglomerate’s characteristics and culture of business, but also venture managements that are recently been featured. It will be helpful, especially to foreign students who are interested in Korea.

 

Understanding Modern Capitalism (Prerequisites: Principles of Economics-1)

This course covers management techniques, the ideological foundation of modern capitalism, the logic and system of a market economy, and the essence of business and corporate ethics. It helps students understand representative writings in the relevant fields and to establish their ideologies through mutual discussions and the presentation of dissertations.

 

Mathematics for Management

This course introduces mathematical models and methods of quantitative business analysis. Various examples are used to explain and show how the decision-maker can apply quantitative methods to solve many different kinds of managerial problems. The objective of the course is to provide students with a basic understanding of the role that quantitative approaches play in the decision-making process.

It deals with formulation of various business problems as mathematical programming models and apply mathematical concepts and techniques to find an optimal solution/decision.

 

Cross-cultural management

The contemporary global business world requires that employees and managers develop cross-cultural competence to work effectively in international assignments, on cross-cultural teams, with increasingly diverse customers and clients, and to effectively collaborate with competitors, suppliers, partners and other relevant stakeholders. This course is designed to introduce students to comparisons of significant cross-cultural differences and helps them to become familiar with ways to effectively anticipate and address cultural differences towards organizational and individual success.

 

Strategic Management (Capstone Design) (Prerequisites: compulsory subjects)

This course covers the methods of management-related decision making based on the knowledge and techniques provided by various relevant fields. The course is comprised of lectures and case studies of businesses’ short- and long-term policies, methods of corporate control, appraisal of corporate activities and businesses’ long-term plans.

 

Simulation for Management

Simulation has been widely applied in various fields such as manufacturing, logistics, transportation, distribution, communication and computer systems, national defense systems.

In this course, students will apply simulation to these various business fields to understand complex systems better and to model into executable form. It will also help students analyze a model by applying a number of analytical techniques. The topic to be covered is based on basic simulation modeling, process modeling, basic probabilities, simulation output analysis, simulation applications, etc.

 

Organizational Theory (Capstone Design)

This course is to study most effective way to design organization according to the environmental changes in the perspective of macroscopic organizational behavior. Students will first learn the regulations of effective organization and to achieve this, it needs to practice basic variables and situation variables. In addition, it will study how the organization design should be changed organically according to the organization’s process of growth, innovation and the level of information and communication technologies.

 

Business and Management

This is a basic course in business administration and learn the basic concepts and principles of modern corporate management. In particular, it promotes comprehensive understanding of the main functional areas of modern business management of sales, production, accounting, finance and human resource. It will also research on business development and system and the corporate form of business administration.

 

Current Issues in Korean Society

This course is basically designed to give foreign exchange students an introduction on contemporary Korean society and culture. We will begin with an overview of the geographic setting, population, cultural traits, and historical background of Korea. We will then discuss the Confucian tradition and value systems, the transformation and modernization of Korean society, the formation of social stratification and class, and the characteristics of cultural traits and nationalism. The focus of the course will be on changes in Korean society after the end of Korean War.

Students are required to submit a final project report on the one issue or problem of their choice about Korean society.

 

Korean History and the Development of Korean People

As the Third World countries did, Korea had confronted lots of challenges which had never been experienced in before and after 19th century. The Chosen Korea was forced to open the door by the Western Great Powers and finally had been under Japanese colonial rule for 35 years.  With fight against the Empire of Japan and the help of the West, Korea set itself free from Japanese colony in 1945.  However, the destiny of Korean Peninsula moved in a direction the Korean people never wanted, and the Korean War was looming ahead.  As a result of a gloomy foreboding, one Korea was divided into two Koreas (South Korea and North Korea).  Since then, two Koreas have maintained their systems, what to compete and what to take advantage of each other.  This course surveys such dramatic historical processes on the modern road of Korea.

After taking this course, you should be able to:

• Clearly understand and explain the tough modern road Korean people have experienced
• Make sense the unwearied will of Korean people for freedom and democracy
• Critically debate the problems contemporary Korean Society faces from historical perspectives
• Perform a team research with a topic chosen by each team
• Clearly present the outline of term paper to the audience

 

Korean Language1

For those with no prior knowledge of Korean Learn the Korean from alphabet and basic expression needed in every life (Greeting, locations, numbers, etc.) also learn how to manage basic everyday situations in Korean using basic grammar and sentences structures.

 

The World of Music

The purpose of the class is to help students understand and enjoy classical music better by providing basic knowledge and improving their appreciation (listening) skills. After the course, the students should be able to know basic musical terms through singing, ability to distinguish and understand each different period of music through singing and to gain a joy of music through singing music and experience both as audience and performer.