South Korea

Program Overview

SOUTH KOREA: Seoul

Tuesday, June 23 to Thursday, July 23, 2020 (4 weeks)

This will be the sixth 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 Ewha Womans University with a unique opportunity to examine business modeling 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.


Video by: Diana Zhang, South Korea program participant, 2017

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 the course and may occur outside of regular class times or on weekends.

RSM395Y0 Special Topics: Business Modeling and Global Organizations

This course provides an introduction to understanding business modeling 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 both start and transform its business and provide a competitive edge. The course starts with an introduction to a business model framework as well as an introduction to global for-profit corporations, not-for-profit organizations and governmental organizations. Different types of industry organizations are subsequently studied through the application of the 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. A core component of this course is collaborative in nature with group work and presentations. Not eligible for CR/NCR option.

Prerequisites: none
BR=none
RSM395Y0 – 2020 Draft Course Outline

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 three-day trip to Ulsan, Geoje and Pohang to visit the Samsung Museum, Hyundai Motor Co., Hyundai Heavy Industries and POSCO. The cost of these field trips is CAD$1,500, paid to UofT for entrance fees, return bus transportation, some lunches, and shared accommodation for the three-day field trip.

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 Rotman School of Management. Amy’s primary areas of teaching interest are in Management Accounting and Information Systems & Technology. Amy has over 10 years of applied industry experience in various areas of business which include leading the business through ERP (enterprise resource planning) implementations and integrations, directing a finance operations team of 25 employees, content management, audit and assurance, marketing, and project management. Amy is the co-author of textbook “Auditing: An International Approach, 8th Canadian Edition”. She earned her Bachelor of Science from York University, and Master of Management and Professional Accounting from the Rotman School of Management.

Program Details

Tuesday, June 23 to Thursday, July 23, 2020 (4 weeks)

This will be the sixth 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 Ewha Womans University with a unique opportunity to examine business modeling 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. All U of T participants will be assigned a Peace Buddy, an Ewha student, to help students become familiar with the local area and culture.

Students will have the opportunity to participate in optional cultural excursions (for an extra cost) 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 double rooms in the student residences at Ewha Womans University. The residences are located in the centre of the campus and just a short walk from the classrooms. The residences are co-ed. Students may need to submit a recent test for tuberculous before they can check-in to the residence. More details will be provided to students admitted to the program.

Residence availability: Tuesday June 23 to Thursday July 23
Double room accommodation: CAD$900
Ewha Residence Information Sheet

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).

Health and Safety

Please be advised that the Ewha Womans University campus is built on very hilly terrain. If you are under medical care or may be affected by heat or steep terrain, you are advised to consult both a physician and the Professional & International Programs office before applying.

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 22, 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 2019), 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 3, 2020
  • Non-Refundable Deposit of $1,000 due one week after admission notification
  • All remaining fee: due March 26, 2020

Cost of Studying in South Korea

Amount Details
Application Fee $200 Paid at time of application
Course Fee
Domestic Students $3,600 Includes $1,000 deposit
International Students $4,755 Includes $1,000 deposit
U of T Incidental Fees $180 Estimate based on 2019 part-time summer fees
Field Trip Fees $1,500 Includes transportation, accommodation and entrance fees for all field trips
Accommodation $900 Based on shared accommodation in the Ewha Womans University residence
Airfare $1,575 Estimate – will depend on departure location and purchase date
Meals $750 Estimated – Paid on site for purchased and self-prepared meals
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 $8,705 This figure does not include mandatory medical travel insurance
International Students $9,860 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)

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 the instructor and previous participants, see photos, and ask any questions that you may have.

Date: Thursday, January 16th, 2020
Time: 3:00pm to 5:00pm
Location: Woodsworth College Residence, Waters Lounge
321 Bloor St. West (SE corner of St. George and Bloor)

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