BUSINESS MANAGEMENT



Overview

The Business Management program at SUNY Korea aims at educating students to become a responsible and respected businessman/woman in their area of interests. The academic curriculum and various extra-curricular activities are designed to ensure that the students can develop entrepreneurial spirit with analytic skills, practical skills and global perspectives. Unlike the business management programs at most other universities, we do not stop at teaching the students about how to build prosperity using managerial knowledge, also teach them the necessity and virtue of sharing the prosperity.

The academic program requires twelve core courses (37 credits) for the student majoring in Business Management.  In addition, four additional courses (12 credits), are required in the area of specialization making a total of 49 credits needed to meet the graduation requirement.  Additional Business courses may be taken as electives if the student meets the pre-requisites for the course. Students have the opportunity to specialize in one of seven major business areas: accounting, entrepreneurship, finance, international business, management & operations, marketing.

The students will stay one year at Stony Brook University in their junior year. The curriculum is designed in such a manner that students entering SUNY Korea can take three course in their specialization in Korea if they choose to specialize in Entrepreneurship, Marketing or Finance. Students who are interested in the other area of specialization can take the required courses while they visit Stony Brook University.

Together with the College of Business (COB) at Stony Brook and with the Business faculty here at SUNY Korea, we can insure that the students will meet the minimal 49 Business credits needed for graduation. 

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Degree Requirements

Requirements for the Major

The major in Business Management leads to the Bachelor of Science degree. Completion of the major requires 49 credits.



Transfer Credit Policy for students in the Business Major



Students may apply a maximum of 21 transfer credits toward the Business Major. Of the total 21 credits, only 6 credits may used to fulfill an area of specialization.

A. Core Courses

  • BUS 115  Introduction to Business for Business Majors
  • ACC 210  Financial Accounting
  • BUS 215  Introduction to Business Statistics (see Note)
  • BUS 220  Introduction to Decision Sciences (see Note)
  • BUS 301  Business Communications
  • BUS 326  Organizational Behavior
  • BUS 330  Principles of Finance or ECO 389 Corporate Finance
  • BUS 346  Operations Management
  • BUS 348  Principles of Marketing
  • BUS 353  Entrepreneurship or BUS 383 Social Entrepreneurship or BUS 441 Business Strategy
  • BUS 446  Ethics: Critical Thinking through Film or BUS 447 Business Ethics
  • ECO 108  Introduction to Economics (see Note)

Note: MAT 122 Overview of Calculus with Applications satisfies DEC C/QPS and must be completed as a prerequisite for ECO 108BUS 215 and BUS 220.

B. Area of Specialization

One of the following specializations must be chosen at the start of the junior year. The details are available in the College of Business Office of Stu­dent Services.



Choose one specialization from the following areas:



1. Accounting 



a. Required courses

  • ACC 214 Managerial Cost Analysis and Applications
  • ACC 310 Intermediate Accounting I
  • ACC 311 Federal Income Taxation I

Note: For business majors, successful completion of the accounting minor will satisfy the accounting specialization requirement. However, only the accounting minor will be reflected on the student’s academic transcript.

b. Select one from the following:

  • ACC 313 Intermediate Accounting II
  • ACC 314 Federal Income Taxation II
  • ACC 315 Accounting for the Small Business Entrepreneur
  • ACC 400 External Auditing
  • BUS 488 Internship

2. Entrepreneurship (Advisory prerequisite BUS 353 or BUS 383)

a. Required course

  • BUS 337 Entrepreneurship Across Countries

b. Select one from the following:

c. Select one from the following:

  • BUS 399 Intellectual Property Strategy
  • BUS 401 Negotiation Workshop

d. Select one from the following:

3. Finance

a. Select four from the following:

4. International Business

a. Select four from the following:

  • BUS 331 International Finance
  • BUS 337 Entrepreneurship Compared Across Countries
  • BUS 362 Principles of International Marketing
  • BUS 440 International Management
  • BUS 488 Internship


5. Marketing 



a. Required courses

b. Select one from the following:

6. Management and Operations

a. Required course

  • BUS 340 Information Systems in Management

b. Select three from the following:

7. Sustainable Business

a. Select four from the following:

  • BUS 358 Marketing Research
  • BUS 368 Marketing New Sustainable Products
  • BUS 370 Lean Practices in Operations
  • BUS 373 Supply Chain and Environmental Management
  • BUS 374 Environmental Impact of Business
  • BUS 448 Marketing Strategy
  • BUS 488 Internship

Note: BUS 475BUS 476 Undergraduate Teaching Practicum I, II, and BUS 487 Independent Research will count toward the total University credit requirement, but not toward the business major.

D. Upper-Division Writing Requirement

BUS 301 contains the necessary writing components which satisfy the Upper Division Writing Requirement for the business major, and also satisfies the Stony Brook Curriculum learning objective WRTD.

Grading

All courses taken to satisfy the business management major requirements must be taken for a letter grade. All students accepted to the business management major in the fall 2005 semester and subsequent must complete all BUS courses, ECO 108, and MAT 122 with a grade of C or higher in order to satisfy the requirements for the major. Students accepted to the business management major prior to fall 2005 must complete the following courses with a grade of C or higher in order to satisfy the requirements for the major: BUS 110, BUS 210, BUS 220 (formerly BUS 249), BUS 340BUS 346, BUS 347, BUS 348BUS 440, and BUS 441; AMS 102ECO 108MAT 122 or MAT 123PSY 103 or SOC 105.

Faculty Members

Jin-Wan Cho

Jinwan ChoJin-Wan Cho is currently department chair of Business Management at State University of New York (SUNY), Korea. He is professor in the area of Finance, specializing in capital markets, derivative securities and international finance.  He also serves as President and CEO of Korea Institute of Finance Industry (KIFI), which he founded in 2014 in order to provide platforms to academicians to commercialize the outputs from their academic research. Jin-Wan Cho earned his Ph.D. from Carnegie Mellon University in 1995 writing a thesis on capital market microstructure. He has been active in publishing academic papers in globally acknowledged academic journals such as Journal of Financial Intermediation, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, Financial Analyst Journal, European Journal of Operations Research, handling various issues on derivative markets, stock markets, and international finance.  He has been providing consultations to various government agencies both in and out of Korea on capital markets and asset management issues. He is currently serving as outside director for RG Asset Management Corp., and UBS Hana Asset Management Co.

 

 

 

SeungWook KimSeung-Wook Kim

Seung-Wook Kim is a Visiting Professor at the State University of New York (SUNY) Korea. He was a Senior Research Fellow for Yonsei Business Research Institute at Yonsei University for 5 years from 1991. He worked for Samil PwC (PricewaterhouseCoopers Korea) and DTTL (Deloitte Touche Tohmatsu Limited) Korea as a Management Consultant for 5 years from 1996 which led him consultation the business development of global mobile and electronic company and manufacturing area. Since he moved to the IT & ERP (Enterprise Resource Planning) sector, He worked for SAP Korea as an IT Consulting Manager leading the department of enterprise application software for implementing various Business Intelligence and Customer Relationship Management. He is an author/co-author of more than 40 papers in The e-Business Studies, International Commerce and Information Review, The Studies of Service Management, Korea Design Trend Forum, Studies of Customer Satisfaction Management and many others and 10 academic books. As a professor to entrepreneurs, he is interested in helping for the incubation/accelerating of startup companies and foster startups’ expansion into the global market.

 

 

Inman Song

InMan Song is Leading Professor at SUNY Korea and Emeritus Professor of SungKyunKwan University. He holds a Ph.D in business(accounting) from University of Wisconsin-Madison. Articles by Professor Song have appeared in the Accounting Review, Journal of Accounting and Finance, Korean Accounting Review, China Journal of Accounting Research, and other academic and professional journals. These articles have examined such financial reporting issues as accounting for price-level adjustments, security market opening to foreign investors, firm valuation, and earnings management. Professor Song is author of many accounting and financial reporting books, and a member of the American Accounting Association, European Accounting Association, and Korean Accounting Association. He has served as the chief editor of Korean Accounting Review, and also as the president of Korean Accounting Association. Professor Song has served as the Dean of Business School and the Executive Vice- president of SungKyunKwan University. He has served as a board member of Korean Accounting Standard Board, and on many governmental committees such as Internal Accounting Control Committee handling financial reporting issues. Also he has served on the outside board or auditing committee of KT and Samsung Heavy Industries Co. 

 

Moon Suh

Moon W. Suh, Leading Professor, B.S. in Textile Engineering, Seoul National University, M.S. in Textile Technology, Ph.D. in Statistics, North Carolina State University: Statistical & Probability Modeling, Manufacturing Management, Textile Products/Process, Experimental Design, Quality Management, Research Mdehods

Dr. Moon W. Suh has worked extensively for both US industry and academia before coming to SUNY Korea. Following his industrial career as a Senior Statistician & Operations Research Analyst at Burlington Industries, Prof. Suh joined North Carolina State University in 1987 and served three departments concurrently; Textile and Apparel Technology and Management, Statistics, and Operations Research. He is a Charles A. Cannon Professor Emeritus of Textile Technology and Management at College of Textiles at NC State, a Fellow of American Statistical Association, an Honorary Member of The Fiber Society (USA), a member of both The Korean Academy of Science and Technology and The National Academy of Engineering of Korea.

Office: Academic Building A520, Phone: 82-32-626-1952

 

 

Wang yunjongYunjong Wang

Professor Yunjong Wang graduated from Seoul National University (BA and MA) and obtained Ph.D in Economics from Yale University. During 1993-2004, he was a Senior Research Fellow and Managing Director for Regional Economic Studies, at Korea Institute for International Economic Policy (KIEP). Since he moved to the private sector, he worked as a senior economist at SK Research Institute (2004-2009), Head of research and Planning at SK China (2010-2012), and Senior Vice President at SK SUPEX Council (2013-2015). During his stay in China, he also served as Chairman of Korean Chamber of Commerce, China (2012-2013). His main research interest covers international trade, international finance, economic development, open macroeconomics and the Chinese economy. He published numerous academic articles in Japan and the World Economy, Pacific Economic Review, Review of World Economics, International Journal of Finance and Economics, The World Economy, Seoul Journal of Economics, Asian Economic Papers, Journal of Asian Economics, Review of Development Economics, Korean Economic Review, Journal of International Economic Studies, Journal of the Japanese and International Economics, International Economic Journal and many others.

 

Chihmao Hsieh

Chihmao Hsieh is currently Research Professor of Entrepreneurship and Founding Director of the Center for Global Entrepreneurship at SUNY Korea.  He publishes and researches a wide variety of topics, ranging from the effects of training and education on self-employment, to the value of patented inventions, to the effect of cultural industry on modes of entrepreneurship.  His work has appeared (or is forthcoming) in Organization Science, Entrepreneurship Theory & Practice, Journal of Management Studies, Small Business Economics, Scientometrics and others.  He has been invited to give academic talks at the Kauffman Foundation and at universities in eight countries.  He has served as a judge for the Innovate!100 global competition, and he regularly guest lectured entrepreneurship at both the Amsterdam Medical Centre and BioBusiness Summer School.  He provides consulting services to a variety of ventures and corporations (most recently at Allianz Korea).  Since 2014, he has given guest talks every summer for the KGEB Entrepreneurship Camp.

At SUNY Korea, dr. Hsieh teaches business, management, and entrepreneurship courses.  At previous institutions, he taught entrepreneurship to undergraduates, MBA's, and for Executive Education, in addition to designing, executing, and coordinating entire entrepreneurship minors.  His PhD is in Strategy from the Olin School of Business at Washington University in St. Louis, and he holds bachelor's and master's degrees in engineering from the University of Michigan in Ann Arbor.

 

Sungjoon Nam

Sungjoon Nam is an assistant professor at State University of New York (SUNY), Korea. He has served as an assistant professor at Rutgers Business School, the State University of New Jersey in the United States, and as a visiting assistant professor at the City University of Hong Kong. Also, he is the founder of Number Analytics, a cloud-based statistical software which provides online marketing analytics for marketing professionals and business schools. His research areas include Direct Salesforce Resource Allocation, New Product Diffusion, Customer Relationship Management, Omni Channel Retailing, Impulse Buying Behavior and Service Quality. His research has published in Marketing Science and Industrial Marketing Management and was introduced at the MIT Sloan Management Review. He teaches Principles of Marketing and Marketing Research at SUNY Korea and has taught Customer Relationship Management, New Product Planning and Retail Management in the previous schools. Dr. Nam earned his Ph.D. in Marketing and M.B.A. from the University of Chicago in 2010 and holds bachelor degrees in electrical engineering and economics from Seoul National University in Korea. 


 

BUSINESS MANAGEMENT

 

Chair: Jin-Wan Cho

Office: B519-4 Academic Building B

Phone: (032)626-1950

Email: jin-wan.cho@stonybrook.edu

 

Program Coordinator: Minha Kim

Office: A201 Academic Building A

Phone: (032)626-1354

Email: minha.kim@sunykorea.ac.kr

 

Website: http://bus.sunykorea.ac.kr

Facebook: https://www.facebook.com/BMSUNYK