KAIST Business School
The Korea Advanced Institute of Science and Technology (KAIST) was founded in 1971 as the Korea Advanced Institute of Science (KAIS). KAIS was authorized by the Ministry of Science and Technology to educate scientific researchers and technology specialists and to award masters and doctoral degrees. In 1989, KAIS merged with the Korea Institute of Technology (KIT), an undergraduate school. KIT was founded to provide special education for gifted students and was authorized to confer bachelor's degrees.
The mission of KAIST is to produce highly qualified scientists and engineers with competence and capabilities in both theory and practical applications. KAIST prepares these talented people to contribute to their organizations and to the larger society, and to generate scientific and technological innovations which contribute to the Korean community and society as a whole. Evidence of KAIST's educational and research success can be found in the university's many positive external evaluations.
KAIST was the first Asian university to be accredited by the Accreditation Board for Engineering and Technology (ABET, 1992). ASIAWEEK selected KAIST as the Best University in the field of science and technology in Asia for two consecutive years in 1999 and 2000. KAIST held 1st place for 4 consecutive years (1998-2001) in the Joong-Ang Daily evaluation of universities nationwide.
In 2006, three graduate schools of KAIST in fields of management training were combined under the single name of KAIST Business School. Whilst still maintaining a degree of autonomy, this move has allowed for increased co-operation between the schools in working towards the common goal of developing a world renowned technology-based management school. The three separate schools that make up KAIST Business School are the KAIST Graduate School of Management, KAIST Graduate School of Finance, and the KAIST Graduate School of Information & Media Management.