Business and Management in Contemporary Korea

Korea University

Course Description

  • Course Name

    Business and Management in Contemporary Korea

  • Host University

    Korea University

  • Location

    Seoul, South Korea

  • Area of Study

    Asian Studies, Business, Business Management

  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    Required Reading:                         

    There is no core textbook for this course, as we cover such a wide variety of topics. However, the following books (both available from Amazon) will provide you with very useful background knowledge about Korea and some insights into its economic development. Chapters from these books are included in the course reading list and I strongly encourage you to buy and read them:

    Buzo, Adrian. The Making of Modern Korea. Abingdon: Routledge,

    Cumings, Bruce. Korea’s Place in the Sun: A Modern History. New York, London: Norton.

    A course reader will be available at the beginning of the course; you should purchase the reader from COPYMART as soon as possible, to ensure that you keep up with the readings.

    Course Objectives:

    The objectives of this course are to introduce you to, and help you to analyse, the economic history of South Korea and key issues in contemporary South Korean business and management.

    By the end of this course you will have developed:

    1. A detailed understanding of the development of the South Korean economy.
    2. A good understanding of key issues relating to the contemporary business and management environment in South Korea, including: the role of the chaebol (Korean business groups) and their relations with the government; labour; human resource management; free trade agreements; inward foreign direct investment the expatriate experience.
    3. An appreciation of the importance of South Korea’s external economic relations and its economic status within the global community.
    4. An ability to formulate, discuss and present your ideas and opinions in a group setting.

    Course Schedule (Provisional):


    Business and Management in Contemporary Korea

    Jun 27


    Jun 28

    Lecture: Historical and Political Context

    Jun 29

    Lecture: Historical and Political Context

    Jun 30

    Discussion: 12 Events That Transformed the Korean Economy



    Jul 03

    Lecture: Korea’s Economic Development

    Jul 04

    Lecture and Discussion: The Developmental State in Korea

    Jul 05

    Lecture and Discussion: The State and Big Business

    Jul 06

    Lecture and Discussion: The Financial Sector and Globalization



    Jul 10

    Discussion: The A to Z of the 1997 Financial Crisis

    Jul 11

    Lecture: The Response to the 1997 Crisis

    Jul 12

    Lecture and Discussion: Economic Update

    Jul 13

    Lecture: Korea and Free Trade Agreements

    [Skills Session: Presentation Skills]



    Jul 17

     Lecture and Discussion: Labour and Management in Korea

    Jul 18

    Lecture and Discussion:  Korea and Inward Investment

    Jul 19

    Lecture and Discussion:  Korean Business Culture

    Jul 20

    Roundtable: Investing and Doing Business in Korea

    Sean Blakeley (British Chamber of Commerce)



    Jul 24-Jul 31

    Group Presentations

    Lecture and Discussion: The Expatriate Experience in Korea

    Lecture and Discussion: Samsung-Tesco Case Study

    Film Screening

    (The final schedule for these five days will be confirmed when we know how many presentations there will be)



    Aug 01

    Course Review

    Aug 02

    Final Examination

    Aug 03

    Student Conferences


Course Disclaimer

Courses and course hours of instruction are subject to change.