South Korea

Program overview

Note: 2018 program details will be updated by mid-December.

Program Dates: Monday, June 19 to Wednesday, July 19, 2017 (4 weeks)

This will be the third year of the University of Toronto’s Summer Program in South Korea. The program is designed to provide students from both the University of Toronto and students from Ewha Womans University with a unique opportunity to examine business modelling in global organizations.

Course

This course is worth one full-year credit and is contingent on adequate enrolment.

Classes take place Monday to Thursday, 9:00 am to 12:00 pm. Mandatory field trips are an integral part of each course and will occur outside of regular class days or on weekends.

RSM395Y0 Special Topics: Business Modelling and Global Organizations

This course provides an introduction to understanding business modelling with a global organizational context in mind. Through the lens of both developing and analyzing disruptive business models, students will gain an appreciation of how business models can help an organization transform its business and provide a competitive edge. The course starts with an introduction to the increasing complexity and interconnectedness of global organizations: for-profit corporations, not-for-profit organizations, as well as governmental and intergovernmental organizations (IGOs). Different types of industry organizations are subsequently studied with case studies, applying a business model framework. Ultimately, the purpose of the course is to introduce students to how important, complex, and interconnected a global organization’s business model can be. Not eligible for CR/NCR option.

Prerequisites: none
BR=none.
RSM395Y0 – Preliminary Course Outline (draft)

Field trips: There will be three day-trips within the Seoul region to visit the National Assembly, Korean Broadcasting System, and more. There will also be a two-night trip to Ulsan, Geoje and Pohang to visit the Samsung Innovation Museum, Hyundai Motor Co., Hyundai Heavy Industries and POSCO The cost of these field trips is:

  • CAD$1050, paid to UofT for entrance fees, return bus transportation, some lunches, and one night’s accommodation in Ulsan.

Instructor: Amy Kwan, MMPA, CPA, CMA is a professional accountant who is a part-time Lecturer in the Accounting Department at the University of Toronto. Amy’s primary areas of teaching interest are in Management Accounting and Information Systems & Technology. Outside of the classroom, Amy is a Senior Manager of Finance Operations at PRESTO (a division of Metrolinx), where she manages a team of 20-25 employees overseeing the finance back-office for the PRESTO system, a state-of-the-art electronic fare payment system. Amy has over 10 years of applied industry experience in various areas of business including: marketing, project management, and accounting. Amy earned her Bachelor of Science from York University, and Master of Management and Professional Accounting from the Rotman School of Management.

Information session

A detailed information session for the summer program in South Korea will be held on the UofT St. George campus in January. This session provides an excellent opportunity to hear from previous participants, see photos, and ask any questions that you may have.

Date: Thursday, January 18, 2018 from 3:00pm to 4:00pm

Location: Woodsworth College Residence, Waters Lounge, 321 Bloor St. West (SE corner of St. George and Bloor)

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Program details

Monday, June 19 to Tuesday, July 18, 2017 (5 weeks)

This will be the third year of the University of Toronto’s Summer Program in South Korea. The program is designed to provide students from both the University of Toronto and students from Ewha Womans University with a unique opportunity to examine business modelling in global organizations.

The University of Toronto Summer Program will be hosted by the Ewha International Co-ed Summer College. Ewha Womans University is a private women’s university in central Seoul.  It was founded in 1886, originally as a mission school for girls, and is now one of the most prestigious universities in South Korea.

South Korea, officially the Republic of Korea, is one of the fastest-growing developed economies and is a world leader in a number of industries.

Seoul is the capital and largest metropolis of South Korea.  It is considered a rising global city, resulting from an economic boom, and is home to over 25.6 million people. A world leading technology hub centred on Gangnam and Digital Media City, Seoul boasts 15 Fortune Global 500 companies such as Samsung, the world’s largest technology company, as well as LG and Hyundai-Kia.

• A fascinating blend of ancient traditions and cutting-edge digital technology, home to endless street food vendors and vast nightlife districts, an extraordinarily high-pressure educational system and serene Buddhist temples, a trend-setting youth culture, architecture and endless monotonous rows of grey apartment buildings, Seoul is a city filled with stark contrasts.

Program Activities

The course will begin with a welcome ceremony for all students participating in Ewha International Co-ed Summer College. There will also be a farewell ceremony at the close of the program. Students will have the opportunity to participate in optional cultural activities such as visiting a Korean Folk Village and learning to cook Korean food. These optional field trips take place on Fridays and there would be an extra cost of approximately CAD $25-50 per trip.

Accommodation and Meals

Students are housed in student residences at Ewha Womans University, located in the centre of the campus and just a short walk from the classrooms.  The residences are co-ed, with each floor assigned a single sex. Students will have the option of selecting a shared or single room at the time of admission.

Residence availability: Monday June 19 to Wednesday July 19

Ewha Residence Information Sheet

Double room accommodation: : CAD$850
Single room accommodation: CAD$1,150

There is no meal plan but students will have the option of purchasing prepared meals in the university cafeterias.  Students should budget approximately CAD$750 for purchased and self-prepared meals for the duration of the program.

Group Flight

No group flight is available for this program; students must make their own travel arrangements. Please note that if you choose to arrive earlier or leave later than the available dates for the accommodation, you will be responsible for arranging your own housing for the extra day(s).

Pre-Departure Orientation (PDO)

All students admitted to the Summer Abroad program are required to successfully complete an online PDO, which will provide information and advice on international health and safety issues.

Students are also strongly encouraged to attend the in-person South Korea PDO, which will take place on April 18, from 3:00 p.m. to 5:00 p.m.

Entry requirements

All students are responsible for making sure that they have the necessary travel documents to enter South Korea as a visitor.

As of the time of publication (December 2016), Canadian citizens only require a passport valid for at least six months beyond their return date to enter South Korea as a visitor. Citizens of other countries may require a visa.

Information on entry requirements is available from Consulate General of the Republic of Korea in Toronto.

Costs

The deadlines for fees payable to the University of Toronto are as follows:

  • Application fee: due February 13, 2017
  • Non-Refundable Deposit of $1,000 due two weeks after admission notification
  • All remaining fee: due March 17, 2017

Cost of Studying in South Korea

Amount Details
Application Fee $200 Paid at time of application
Course Fee
Domestic Students $3,050 Includes $1,000 deposit
International Students $4,205 Includes $1,000 deposit
U of T Incidental Fees $170 Estimate based on 2016 part-time summer fees
Field Trip Fees $1,050 Includes transportation, accommodation and entrance fees for all field trips
Accommodation $850 Based on shared accommodation in the Ewha Womans University residence
Airfare $1,549 Estimate – will depend on departure location and purchase date
Meals $750 Estimated – Paid on site for purchased and self-prepared meals
Textbooks/td> $50 Estimated – Purchased in Toronto prior to departure
Medical Travel Insurance variable Students must provide proof of medical travel insurance
Miscellaneous Expenses variable All students should budget for miscellaneous expense (e.g. travel, gifts, etc.)
Approximate TOTAL Program Cost INCLUDING field trips
Domestic Students $7,669 This figure does not include mandatory medical travel insurance
International Students $8,824 This figure does not include mandatory medical travel insurance

Financial Assistance

The following assistance is available for eligible students in this program. For additional awards and further details please see the Financial Aid section of the Summer Abroad website.

• Summer Abroad Bursary (two awards at $3,000 each)