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Studying Business, Management and Economics in South Korea

How to study business, management and economics in South Korea: English-taught BBA, MBA and graduate options, entry evidence, and how to choose a focus.

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Key facts

Scope
Business administration (Global BBA), MBA, specialised master's, and economics
English-taught
Available at several leading schools; share of English courses varies — verify per program
Standardized tests
GMAT/GRE only where a program requires them; SAT sometimes for undergrad — deferred to each school
Language proof
IELTS/TOEFL for English-taught programs; TOPIK where Korean-taught
Funding
GKS, university and school scholarships — verify current terms officially
Fees & deadlines
Set per program and intake — verify on the official page

Business, management and economics in South Korea

South Korea hosts well-known business schools and economics departments, and many run English-taught tracks designed for international students. Options span undergraduate business administration (often branded 'Global BBA'), specialised master's degrees, MBA programs, and research-focused economics.

This guide is Korea-specific and focuses on where English-taught business and economics are available, what admission evidence programs ask for, and how to choose a direction. It is distinct from any region-wide ranking guide.

All fees, deadlines and score requirements are set by each school and change every cycle, so confirm the current details on the official program page before you apply.

Where English-taught business and economics exist

Several leading universities — including Seoul National University, Korea University, Yonsei and Sungkyunkwan — offer English-taught business tracks or international programs, and many run English-taught graduate and MBA options. Economics departments frequently teach core theory in English at graduate level.

Availability still varies: a 'Global BBA' may deliver a large share of courses in English, while a general business degree may mix English and Korean. Read each program's official course list to see how much is genuinely English-medium.

Use the Study in Korea portal to filter by field and language, then verify on the individual school site.

What business and economics programs look for

Typical evidence includes your academic transcripts, an English proficiency test (IELTS or TOEFL, sometimes Duolingo or PTE), and application documents such as a statement of purpose. Undergraduate applicants may also be asked for standardized scores like the SAT.

Graduate and MBA programs sometimes require a GMAT or GRE score and relevant work experience, but many do not — it depends entirely on the program. Economics research degrees may weigh your quantitative background more heavily.

Because requirements differ so much between schools and change between intakes, treat any specific threshold you see as provisional and confirm it on the official admissions page.

Choosing a direction: finance, marketing, economics and more

Business and economics are broad. Common directions include finance, accounting, marketing, management and strategy, international business, and — on the economics side — micro and macro theory, econometrics and policy-oriented study.

Your choice should shape where you apply: some schools are known for particular strengths, and graduate programs are organised around specialist tracks and, for research degrees, faculty whose work matches your interests.

Read program structures and course lists carefully, and for a research master's or PhD, look at the faculty and their fields the way you would for any research-led admission.

  • Undergraduate: Global BBA / business administration, economics
  • Postgraduate coursework: MBA, specialised master's (finance, marketing, management)
  • Research: economics MA/PhD, management research tracks
  • Match the school and faculty to your intended focus

How to apply and fund your studies

For each program, confirm three things officially: language of instruction, admission requirements for international applicants, and the application deadlines for your intake. International rounds often close months ahead of the semester.

Funding can come from the Global Korea Scholarship (GKS), university and school scholarships, and — for some graduate students — assistantships. Coverage and eligibility change yearly; read the current terms on the official pages.

No program can guarantee admission, and no legitimate service sells a place. Be cautious of agents who promise entry to a named school in exchange for a fee.

Frequently asked questions

Can I do a business degree in Korea in English?

Yes, at several universities. Many run English-taught 'Global BBA' tracks and English MBA or master's options, and economics is often taught in English at graduate level. The share of English courses varies by program — confirm it on the official page.

Do I need the GMAT or GRE for an MBA or master's in Korea?

Some programs require a GMAT or GRE score and many do not. It depends on the school and the specific program, and can change between intakes. Always check the official admissions requirements.

Is work experience required for a Korean MBA?

It depends on the program. Some MBAs expect professional experience while others are open to recent graduates. Read each MBA's official admission criteria rather than assuming a single standard.

What's the difference between studying business and economics here?

Business programs focus on management, finance, marketing and strategy; economics focuses on economic theory, quantitative methods and policy. Choose based on your goals, and check each department's official curriculum.

Are scholarships available for business students?

Yes — GKS, university and school scholarships may apply. None is guaranteed and amounts change yearly, so read the current terms on the official GKS/Study in Korea and school pages before relying on them.

Official sources

This guide explains the process and is for guidance only. Eligibility, dates, fees and rules change every year — always confirm the current details on the official site before you act.

Verified against: Study in Korea — official Korean government portal (NIIED); Seoul National University — official English site; Korea University — official English site.

Last verified: 12 July 2026.

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