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- Sungkyun Institute of China Studies Holds Urgent Meeting, “Changes on the Korean Peninsula & China”
- SKKU’s Sungkyun Institute of China Studies (Director: Prof. Hee Ok LEE) held an emergency meeting with the theme of “Changes on the Korean Peninsula and China” on May 9th in Room 10504 of the 600th Anniversary Hall. This meeting was held in order to gather opinions of experts from various fields in a situation where the Korean Peninsula is at the center of rapidly changing circumstances in Northeast Asia, such as the North American summit scheduled to take place in June following the inter-Korean summit talks. In particular, a presentation by Prof. Zheng JIYONG (Center for Korean Studies at Fudan University, China), who was invited by the Sungkyun Institute of China Studies to give a presentation, attracted extraordinary media attention. This meeting attracted the participation of more than 100 people, including ordinary citizens and students along with experts from various fields, and also received great attention from the major press. Related articles are as follows (in Korean): Dong-A Ilbo: http://news.donga.com/3/all/20180510/90022773/1 Yonhap News:http://www.yonhapnews.co.kr/bulletin/2018/05/09/0200000000AKR20180509158100014.HTML?input=1195m Segye Ilbo: http://www.segye.com/newsView/20180509004617
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- 작성일 2018-05-17
- 조회수 3229
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- On April 4th: The Special Meeting with CPA Exam qualified individuals Hosted
- On APR 4th (Wed), the special meeting was hosted with undergraduates of SKKU at International Hall, Room 9B301. The participation of three special guests – one of whom Mr. Kyung-Jae Hong(Class of 2017) has been working for a local accounting firm, Samil PwC, ever since passing of the exam – inspired many attendees in the meeting. Also Mr. Jun-Hyeok Lee(Class of 2017) and Mr. Myung-Seok Jeon(Class of 2018) both work for KPMG as Public Accountants. The meeting turned out to be very informative as the guests gave the students an insight about how to prepare for the CPA, what role they should play as Public Accountants, how to deal with current trends with CPA, etc.
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- 작성일 2018-04-24
- 조회수 3425
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- 2018 Spring Semester Woosuk-Jungho Scholarship Conferment Ceremony
- The College of Economics (Dean: Minseong KIM) held the Woosuk-Jungho Scholarship Conferment Ceremony on MAR 23rd (Fri) at Business School Building, Room #33505. Through the evaluation of the Woosuk-Jungho Scholarship Committee, 20 students were finally selected; 14 students from the College of Economics and 6 students from the School of Business. All of the conferrers who received the scholarships were considered as excellent students who had marked remarkable academic grades, had served as models for others through their upright conduct, and were expected to become pillars for the development of the country. The Woosuk-Jungho Scholarship was established by alumni Woosuk Jungho (Economics ’58); the President of Hwashin Co., Ltd., (2012 to present). Students received this scholarship which amounts to 630 million won.
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- 작성일 2018-04-23
- 조회수 3239
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- [News Update] Dr. Cham-Na Yoon has received the 48th Annual Maekyung Economist Award
- The College of Economics is proud to announce that Dr. Cham-Na Yoon has received MAEKYUNG ECONOMIST AWARD for year 2018. On behalf of both school faculty and students, we are very pleased to congratulate him on this honor. In case you miss this valuable information, we would like to share an excerpt from the latest article concerning the award presentation. It has been translated as follows. Thank you! [Excerpt] Dr. Cham-Na Yoon, Assistant Professor of Sungkyunkwan University College of Economics, has received the 48th annual Maekyung Economist Award for 2018. The goal for presenting this award is to select scholars who have displayed their exceptionalism in two fields, economics and business, through numbers of their academic achievements. The co-author of the recent dissertation (Estimating Dynamic Games of Electoral Competition to Evaluate Term Limits in US Gubernatorial Elections), Dr. Yoon has received this honor resulted from the thesis he worked with Dr. Holger Sieg. To elaborate on one of his personal accomplishments, Dr. Yoon has analyzed local elections in the United States on an economical approach in this thesis. With this empirical approach, his piece of work has gained favor from academia while it is posted on American Economic Association, which has been well known with its academic/economic journals worldwide.
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- 작성일 2018-04-10
- 조회수 3197
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- 2018-1 College of Economics Graduate School Fair held
- 18-Spring SKKU Graduate School Fair was held on 3rd April(Tue) at ChoByungDoo Hall, 600th Anniversary Building for those who are interested in entering a graduate school of SKKU. College of Economics also took part in the fair. Department of Economics, Statistics, International Trade and Actuarial Science installed boothes and provided information such as graduate school curriculums, career advice, scholarships and personal consulting to more than 40 attendees. During the fair, Dean Minsung KIM also awarded undergraduate students who got excellent results during 2017-Fall semester, by bestowing Dean's Lists on them.
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- 작성일 2018-04-04
- 조회수 3242
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- H.E. Ernesto Cordero Arroyo, Speaker of the Mexican Senate, Gives Special Lecture at SKKU
- On January 23, Sungkyunkwan University (President: Kyu Sang CHUNG) invited H.E. Ernesto Cordero Arroyo, the Speaker of the Mexican Senate, to give a special lecture. Senator Arroyo graduated from the Mexican Autonomous Institute of Technology (ITAM) and earned a master’s degree in economics from the University of Pennsylvania, USA. He then served as the Director of Integral Administration of Risks in the Banco Nacional de Obras y Servicios Publicos (BANOBRAS), the Undersecretary of Energetic and Technological Development Planning in the Energy Secretariat, the Head of the Social Development Secretariat, and the Finance Secretary of Mexico. Senator Arroyo gave a special lecture on the topic of “Mexico in a Changing World: Challenges and Opportunities.” He explained the current situation in Mexico, a center of massive political and economic change, and explained to students how Mexico will overcome this uncertainty. Senator Arroyo’s visit to South Korea was made possible through an invitation from Sye Kyun CHUNG, the Speaker of the Korean National Assembly. Senator Arroyo wished to visit Sungkyunkwan University, the oldest university in Korea, and give a special lecture at SKKU because of his interest in Education. SKKU’s President Kyu Sang CHUNG said, “Mexico is the center of the Korean Wave in Central and South America. Through Senator Arroyo’s visit, a variety of projects are being planned with several universities in order to realize not only education and research, but practical exchange and cooperation between students and cultures.”
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- 작성일 2018-01-31
- 조회수 3332
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- New Year’s Message from the President of SKKU, Kyu Sang CHUNG
- Dear Sungkyun Family, The eventful year of 2017 that saw many issues and changes within the country has passed, and the year of 2018 has come. 2018 is the year of the Golden Dog as well as the year of 得意之秋, which means all wishes come true. I sincerely hope that all SKKU members’ dreams and wishes are realized in accordance with the meaning of 2018. Since SKKU declared ‘VISION 2020+’ as a blueprint of SKKU’s vision last year, we have shown outstanding achievement. In particular, SKKU has expanded its value as a global leading research-oriented university by publishing over 5,200 articles in the famous scientific journal, Science Citation Index Expanded (SCIE). Our research competence is recognized from various outcomes such as ranking No.2 in Korea for citation counts for top 1% research papers, the largest number of awardees (3 people) for Highly Cited Researchers in 2017, the only known Korean awardee (Prof. Nam Gyu PARK) for “2017 Potential recipients of the Nobel Prize", and more. Also, SKKU has strengthened its brand value as a global leading university by receiving high rankings in various evaluations. SKKU is the No.1 Korean private comprehensive university, 108th in QS world university rankings and 111th in THE, No.1 in NCSI for 11 consecutive years, No.1 in the job employment rate (76.4%) for 3 consecutive years, and more. Furthermore, SKKU is putting effort into promote new technology and investment by establishing the AI Convergence Center, which will lead the 4th Industrial Revolution and Kingo Investment Partners, a venture capital made by SKKU alumni companies. When I was appointed as a President of SKKU, I promised to improve results by building a solid foundation during my 1st year. During my presidency, I have been pushing for the New Challenge Project for 5 core fields: Software and Convergence Education, Research Competence, Global Alliance, Industrial-Academic Cooperation, and Management Innovation, and achieved many fruitful performances. I will give my best effort to complete projects that we have been working on. I believe the outstanding results that SKKU has shown were achieved by our three-in-one system of university, foundation, and alumni who have given their best efforts. I would like to express my sincere appreciation for all of the Sungkyun members: professors, staff, students, the university foundation, and alumni who gave their dedication and passion for the development of SKKU. I would like to ask for passion, active participation, and continuous innovation of all members in order to become a world top institution beyond the limits and crisis that our university is confronting. Again, thank you very much for all of your support and dedication. I wish all of you good health, happiness, and success in the coming year. January 1st, 2018 Kyu Sang CHUNG, The President of SKKU
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- 작성일 2018-01-09
- 조회수 3395
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- College of Economics' Online Magazine Issued
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On 15th November, College of Economics issued its first online magazine,
. The magazine covered the college's leading news, from Faculty, Students, Alumni and its Departments. [Please click here to read the magazine] -it does not support English. College of Economics is going to continue issueing the next magazines with more plentiful news next year, and planning to issue them twice a year. -
- 작성일 2017-11-28
- 조회수 3490
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- Prof. Doojin RYU Suggests a New Framework of Microstructure Studies and Extends Classical Models
- Studies in financial market microstructure examine the intraday price, volume, spread, and volatility dynamics of financial markets and illuminate how the latent demands of market participants are translated into intraday price and trading behaviors. The field of financial market microstructure studies has evolved since the early 90’s. The primitive microstructure models have very simple structures and the earlier microstructure theories do not adequately exploit the rich information provided by the big data of financial markets. Professor Doojin RYU suggests a new framework of microstructure studies and extends classical models in order to reflect various characteristics of intraday transactions and to derive meaningful economic implications. His first microstructure research provides an extended model to answer the question of who has an information edge in a highly fluid options market. It was published in the Journal of Futures Markets, a reputable finance journal, oriented to derivatives markets (“Informed trading in the index option market: The case of KOSPI 200 options,” Journal of Futures Markets, 2008, 28:12, 1118-1146). After the study, he suggests a cross-market microstructure model, which is new in this field. While existing studies only concentrate on the intraday asset price dynamics in a single market, his new approach considers the order and information flows from related asset markets when inferring the intraday dynamics of a main financial market (“Intraday price formation and bid-ask spread components: A new approach using a cross-market model,”Journal of Futures Markets, 2011, 31:12, 1142-1169). Recently, Prof. RYU has suggested comprehensive microstructure models to capture all aspects of microstructure information. The studies are “Considering all microstructure effects: The extension of a trade indicator model, Economics Letters, 2016, 146, 107-110” and “Trade duration, informed trading, and option moneyness, International Review of Economics and Finance, 2016, 44, 395-411”. He also analyzes how the violations of intraday option price monotonicity are related to investor characteristics and other microstructure noises. This study was recently published in the Journal of Futures Markets (“Option market characteristics and price monotonicity violations,”Journal of Futures Markets, 2017, 37:5, 473-498). By analyzing the high-frequency and high-quality information contained in the microstructure dataset of the Korean derivatives markets, he estimates his extended models and suggests important policy and regulatory implications.
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- 작성일 2017-11-22
- 조회수 3536
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- The 5th Korea-Russia Rector’s Forum
- The 5th Korea-Russia Rector’s Forum with the theme ‘The 4th Industrial Revolution and changes in Higher Education’ was held on November 9th (Thursday) at SKKU’s Natural Sciences Campus. At the forum, rectors from 13 Russian universities and 20 Korean universities participated and had in-depth discussions for seeking new directions for Korea and Russia’s higher education. The welcome speech was delivered by Kyu Sang CHUNG, the President of SKKU, followed by Kyu Hyung LEE, Chairman of Secretariat of KRD; Yeo Pyo YUN, the President of Chungbuk National University; and Ivanchenko Sergei NIKOLAEVICH, the Rector of Pacific National University/Head of Russian KRD «Education and Science» working group. At the 1st session, Prof. Jee-Hyong LEE (Dept. of Computer Science and Engineering/Vice Dean of Sungkyun AI Convergence Center) gave a presentation with the subject ‘AI and the Human’ while Prof. Anisimov Nikita YURIEVICH, Interim President of Far Eastern Federal University, talked about ‘Response to the Challenge of the 4th Industrial Revolution: Russia Techno Park as a Motive of Innovation and Development.’ The 2nd session was held under the theme of ‘The Age of Convergence and A New Direction for Korean-Russian University Exchange: Interdisciplinary Cooperation, Mutual Degree Recognition, Academic-Industrial Cooperation, etc.’ and the participants developed cooperation models in the fields of humanities/social sciences and natural sciences. They also shared their ideas on joint research activities, academia-industry cooperation, and research complexs. In the afternoon, each department had an individual meeting with Russian universities. On the SKKU side, professors from the Dept. of Mathematics, Dept. of Physics, Dept. of Electronic and Electrical Engineering, Dept. of Software, School of Chemical Engineering, Dept. of Civil, Architectural and Environmental System Engineering, Dept. of Systems Management Engineering, SAINT, and the Center for Integrated Nanostructure Physics participated. Lastly, Russian delegations had time to tour the Suwon campus and N-Center. The Center for Neuroscience Imaging Research and the Center for Integrated Nanostructure Physics introduced their research fields and researchers as well as their research facilities. On November 10th (Friday), the rectors from Russian universities visited the Samsung Innovation Museum (SIM) located in the Samsung Electronics Suwon Complex. They discussed possible academic-industrial cooperation with Samsung Electronics and had a chance to see Samsung’s history, technology, and products.
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- 작성일 2017-11-22
- 조회수 3423