How about we explore the College of Economics and Commerce at Seoul National University? The college has a rich history and a strong reputation. It has produced some of the best talent in Korea’s economy and academia.
The Department of Economics was established in 1946. It was part of the College of Commerce at the newly formed Seoul National University. In 1959, the Department of International Trade was created as a separate entity within the College of Commerce.
In 1975, the Department of Economics and the Department of International Trade moved to the College of Social Sciences. The Department of Business Administration became its own College of Business Administration. Then in 1985, the Department of International Trade was renamed the Department of International Economics. Finally in 1995, the Department of Economics and the Department of International Economics merged. Together they formed the current Economics Department.
For over half a century, the Department of Economics has been known for its excellent teaching and faculty research. In 2016, it was ranked 38th worldwide by QS. Graduates have been hired by leading financial institutions. They work at corporate firms and legal sectors. Many graduates also find positions at universities and research institutions around the world. The department has played a significant role in Korea’s economic growth.
As of July 2022, the Department of Economics had 940 undergraduate students and 130 graduate students. The department has 38 faculty members. They teach and conduct research in various areas. These areas include economic theory econometrics and experimental economics. Other areas include industrial organizations development and economic history. Finance international finance and public choice are also represented. The department offers degrees at the B.A. M.A. and Ph.D. levels.
The Institute of Economic Research is affiliated with the Department of Economics. It publishes the Seoul Journal of Economics in English and the Economic Journal in Korean.
The Department of Economics and the Institute of Economic Research planned to move to a new building in Fall 2024. The move promised a fresh start for faculty staff students and alumni.
Seoul National University itself has a long and distinguished history. It originates from educational institutions established by King Gojong of the Joseon dynasty. These institutions were integrated when SNU was founded.
To modernize Korea King Gojong established modern higher education institutions. The law academy Beopkwan Yangseongso was founded in 1895. Hanseong Sabeomhakgyo a teacher training school and Euihakkyo a medical school were also founded. These are considered the origins of various colleges within SNU.
After the Korean Empire was proclaimed in 1897, Gojong created more modern education institutions. In 1899, a medical school was established. This school changed its name several times and eventually became the College of Medicine of SNU.
Seoul National University continues to be a leading institution in South Korea. The College of Economics and Commerce remains a vital part of the university contributing to its academic excellence and global reputation.