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By Kim Jae-heun
Sejong University said Wednesday that it had achieved fifth place among local universities in the business administration and economics sectors in the 2018 rankings by Times Higher Education (THE), a U.K. publication. It ranked 26th in Asia and 151st in the world.
The rankings are based on evaluations on the learning environment, volume and reputation of research, research influence, international outlook and industry-university cooperation.
"The placement is a result of the business school's efforts to strengthen its research capabilities by inviting excellent scholars from prominent universities around the world," said Kim Kyeong-won, the dean of the College of Business Administration. "We will make consistent efforts to advance into the world's top 100. Moreover, we will strive to become a hub for education research in Asia."
The college became the fourth institution in the country to acquire a certificate from the global business education network, the Association to Advance Collegiate Schools of Business (AACSB) in 2007. Since then, the school has seen the certificate renewed in 2012 and 2017.
It provides scholarships to 20 to 30 foreign students every year, while offering an International Bachelor of Business Administration (IBBA) program to help students better understand international society.
The Korean Economics and Trade Department is also seeking to globalize and improve its education environment.
The department has recently come up with new courses to meet the needs of the Fourth Industrial Revolution, such as studies on big data. It also helps students acquire various licenses including customs broker, tax accountant and certified public accountant.
"We'll accomplish many breakthroughs in the education field. It is our goal to foster students who can actively cope with an economic environment that is always changing," said Bae Ki-hyung, head of the department.
