Sogang Business School - Public Disclosure

SU and SBS Public Disclosure (AY2018)
In accordance with AACSB International’s 2013 Standard 4 [Student Admissions, Progression, and Career Development], Sogang Business School created and posted its public disclosure statistics on the student admission competitiveness, graduation ratio, job placement ratio, and several others, related with the school’s UG and G students. All the disclosures are based on the figures and ratios for the school’s AY2018 (from March 2018 to February 2019), but we indicated specific time frames, such as current snapshot and dated snapshot, if needed.

This school introduces, first, the overall student statistics and performance indicators of Sogang University, the broader institution of SBS, to introduce its positioning in the higher-education sector in this country. Next, we introduce key student performance measures of Sogang Business School.

Our introduction of Sogang University’s UG student-related disclosures are captured (and slightly edited for a better reading) from the Center for Higher Education Information Disclosure (its website is named ‘the Higher Education in Korea”), organized and operated by the country’s higher-educational self-regulatory organization, Korea Council for University Education (KCUE). All the disclosures are validated by this organization.

1. Incoming Student Recruitment Rate (2018)

Incoming student

quota

Students enrolled

Applications

Recruitment

rate*

Competition

rate*

1,576

1,574

42,089

99.9%

26.7

*Recruitment Rate = (Students enrolled/Incoming student quota) x
100(%)
*Competition Rate = Applications/Incoming student quota

※ In Korea, each college has the fixed number of students quota, which is approved by the government

2. Enrollment Rate (2018)

Quota	Enrolled	Enrollment rate*
6,388	8,302	129.96%

*Enrollment Rate = (Enrolled/Quota) x 100(%)

3. International Student Admissions Procedure and Schedule (2018)
International Students (2017)

Degree-earning Students						Language training	Exchange, Visiting Students			Total
Total	Humanities & social sciences	Natural sciences	Engineering	Arts & physical education	Medicine	Language training	Partner institution exchange students	Visiting students	Other	Total
752	712	13	27	0	0	815	313	7	0	1.887

※ Above indicators used different definitions, methodology compared to what has been used in the Education at a Glance(EAG) published from OECD.

4. Exchanges with Overseas Universities (2017)

Students sent	Students received
359	458

5. Student Scholarship Recipients (2017)

*unit: one-thousand (1,000) KRW

Total enrolled	External sources			Internal sources					Total	scholarship per one student
	Central government	Local government	Other	scholarship of excellence	scholarship of lower-income group	scholarship of work labor	scholarship of voluntary service	Other	Amount
	Amount	Amount	Amount	Amount	Amount	Amount	Amount	Amount	Amount
7.812	9,780,179	47,971	1,951,598	1,784,779	4,937,495	1,801,529	33,143	1,582,010	21,918,704	2,805.8

6. Graduate Employment (2018)

Total

enrolled

Employed with Health Insurance through the company

Working abroad

Agriculturist

Creative

activity

Sole

proprietor

Freelancer

Advanced into higher schooling

Graduates entering military

Unable to Work

Foreign students

People with exception

Other

Unknown

Employment rate (Linked with Health Insurance Database)(%)

1.232

0.44

672

497

180

122

219

232

67.3

Other all-comprehensive disclosure items for Sogang University for 2017 and those in earlier years are found in the following URL address of the Center for Higher Education Information Disclosure operated by the country’s higher-educational self-regulatory agency, Korea Council for University Education (KCUE):

Disclosures for SBS Admissions, Enrollments, Graduates, (Employment Ratio)

Following the public disclosures captured from the KCUE on SU, the school presents its own statistics for its undergraduate (UG) and graduate (G) programs regarding student admissions, enrollments, and others. Basically, these figures are for the AY2017. For the school’s additional information on each listed item is explained at the bottom of the table, UG Intake. Various disclosures on the UG and G programs at SBS are not available and refined enough as university-wide disclosures found in the above official site of public disclosures of Korean universities, and this is why this school makes its own disclosures as follows:

SBS UG Student Status (as of 2018)

1. Intake¹⁾
	UG
	First-year Intake
Applicants	7,188
Admission Offered¹⁾	274
Admission Accepted¹⁾	373
2. Current Enrollment²⁾
	UG
Total Students	1,601
3. UG Graduates³⁾
	UG
Total Students	285
4. Employment Ratio⁴⁾
	SBS UG
2014	81.2%
2015	81.0%
2016	74.0%
2017	71.1%

¹⁾ ”Admission Offered” indicates the number of students who, in origin, have taken steps to get admitted into SBS and have been offered admission according to the government-set admission quota, while “Admission Accepted” number shows that of the students who have been offered admission and those who have accepted the admission. The number of Admission Accepted is larger than Admission Offered because the university has its own discretion to recruit students of ethnic Korean and other international students, academically underprivileged students. Student selectivity is one of the key strengths of SBS among top business schools in Seoul as the admission competition ratio is 4~5 to 1, indicating only one out of four to five high-school graduates makes the admission into SBS.

²⁾ “Current Enrollment” includes students attending school and those who have taken temporary leave of absence.

³⁾ UG Graduates are the students who graduated the school by the end of its academic year, which is February 2018. The graduates include those who graduated in August 2017, which is the mid-point of the school’s AY 2017.

⁴⁾ In the academic circle in the country, the “Employment Ratio” indicates that of students who landed a job among the total graduates. The employment ratio for SBS UG graduates is largely deemed to be the highest among top-level business schools in Seoul.

*The AACSB Standard 4 emphasizes the attrition and retention rates and graduation rates among others for the disclosure. In the above table, these rates have been shown, but in an indirect way. The table above shows that in the AY2016, a total of 365 students have been admitted against the total number of UG graduates of 400, suggesting, roughly, that once students start their education at SBS, virtually all of them would graduate with BBA. The same goes with various graduate programs as listed below.

SBS Master’s and Ph.D Student Status as of AY2017

(The following table includes all of SBS master’s- and Ph.D-level programs, including Global Service Management and Finance Executive MBA programs)

1. Intake
	Full-time MBA (SIMBA)	Part-time MBA (Pro-MBA)	FEMBA	MS	GSM	Ph.D.
	Admission Competition
Applicants	34	143	-	27	15	123
Admission Offered	22	118	-		11	7
Admission Accepted	16	67	-		10	4
2. Current Enrollments
	Full-time MBA (SIMBA)	Part-time MBA (Pro-MBA)	FEMBA	MS	GSM	Ph.D.
Total Students	24	127	16	54	36	60
3. Graduates
	Full-time MBA (SIMBA)	Part-time MBA (Pro-MBA)	FEMBA	MS	GSM	Ph.D.
Total Students	16	69	10	20	10	8
4. Employment
	Full-time MBA (SIMBA)	Part-time MBA (Pro-MBA)	FEMBA	MS	GSM	Ph.D.
2013	61%	100%		100%	60%	67%
2014	49%	100%		100%	0%	43%
2015	40%	100%		50%	33%	79%
2016	33%	100%	100%	100%	50%	23%
2017	68.0%	100%	100%	63.2%	86.0%	67.0%

¹⁾ Both Pro-MBA and FEMBA students are mid-level corporate managers. Thus, their employment rates are 100%.