[Updated on Jan.

16
6, 2013]

Currriculum S
Structure & Course
e List
Mas
sters Degree _ Intl Trade, Fin
nance and Managem
ment

GSIS
S CORE COUR
RSES
All stude
ents must com
mplete the following four co
ommon course
es during their first semesterr.

ANALYTTICAL WRITING
The primary objecctive of this course
c
is to heelp students develop
d
effective and sophissticated writte
en skills in
Engllish. Students will first focu
us on basic wrritten commun
nication skills by working oon many differrent forms
of w
writing, such as
a position pap
pers, briefingss, and researcch papers. The
e course will aalso focus on a number
of d
different oral communication skills esssential not only
o
for one'ss academic ppurposes butt also for
proffessional succe
ess. Students will learn an
nd practice criitical aspects of presentatioon and publicc speaking
skillss, as well as cross-cultural
c
communication
c
n skills.

'RESEARRCH DESIGN & METHOD' OR

R 'STATISTICS & DATA ANALY
YSIS'
The courses in this group offerr training in baasic statistics and quantitative analysis. IIt is also a pre
e-requisite
many elective courses in ecconomics and management. Even those who
w do not exxpect to work
k in a nonfor m
quan
ntitative area are strongly
y encouraged
d to acquire basic undersstanding of st
statistical conccepts and
anallysis.

INTERNA
ATIONAL ECON
NOMICS
Issues arising from
m the econom
mic interaction
n between states especially with regard tto trade and money
m
will
examined. The
e main topics include the gaains from trad
de, the pattern
n of trade, prootectionism, th
he balance
be e
of p
payments, excchange-rate determination, international policy coordination, and tthe internation
nal capital
markets.

INTERNA
ATIONAL RELAT
TIONS
Thiss is an introdu
uctory course that
t
is divided
d into two parrts. The first part
p
covers thhe historical ba
ackground
of th
he theory of international relations, with special emph
hasis on the trraditional apprroaches to the
e study of
pow
wer, ideology, state interessts, and war and peace. The
T
second part
p
closely eexamines conttemporary
disco
ourses in interrnational politics. Of particu
ular concern iss the resurrecttion of the reaaback-liberal debate and
how
w it affects imp
portant issues such as natio nalism, security, North-Soutth relations, trrade, development, and
confflict. The main
n objectives of
o the course are to provide students with a useful seet of analytica
al tools, a
broa
ad understand
ding of differen
nt approachess to the study of internation
nal relations, aand an ability to identify
and deal with som
me of the majo
or contemporaary issues in world
w
politics.

* KSP students adm

mitted in and after the 2
2012 Fall sem
mester will ha
ave to take
alytical Writing
g & Presentatio
on,
(a) Ana
(b) 'Ressearch Design & Method' orr 'Statistics & D
Data Analysis' , and
(c) Inte
ernational Eco
onomics or In
nternational Reelations.

 FIELD
D

OF

CONCEN
NTRATION COURSES

Studentts are required

d to select 4 courses
c
from a chosen field of concentration.
The folllowing courses as listed by field are offerred. Not all cou
urses are offered each semeester.

1. INTER
RNATIONAL TRADE & E CONOMIC D EVEELOPMENT
The rap
pid process of
o global integ
gration throug
gh trade has demonstrated its critical influence on economic
prosperrity. The field
d of Internattional Trade and Economic Developme
ent seeks to train professsionals to
understtand the intrricacies of international trrade and to implement trade policies geared for economic
develop
pment. The courses
c
offere
ed in the fielld include intternational tra
ade theory, eeconomic development,
internattional trade law, internattional develop
pment coope
eration, and international political economy. In
particullar, we explo
ore how interrnational trad
de affects eco
onomic growtth, income innequality, and
d poverty
reductio
on in trading countries. We
e also evaluatte the effectiv
veness of trad
de policies in ddeveloping co
ountries in
promotting economic developmentt. And we exaamine the evolution of regio
onal free tradee agreementss, the new
m under the WT
TO, and intern
national agree
ements on labo
or and environnment.
world trrading system
INTERNA
ATIONAL DEVELOPMENT COOP
PERATION AND
D ROLE OF KOR
REA

COMPETTITION AND IND

DUSTRY ANALY
YSIS
ECONOM
MICS OF INTERNATIONAL DEV
VELOPMENT
This course outlin
nes the experiences of ecconomic deve
elopment in various
v
regio ns of the world and
introd
duces students to major dev
velopment prooblems and po
olicies, both domestic and i nternational. Topics
T
of
analyysis include models of economic growth, population growth, povertty, income disstribution, urbanization
and rural-urban migration,
m
health, educatioon, the envirronment, and
d internationaal trade and finance,
ems of debt burdens,
b
foreig
gn aid, and prrivate and fore
eign investmen
nt.
proble

ICT & DEVELOPMENT

The use and pra
actice of ICT
T become inccreasingly international or globalised. This course explores
mation and co
ommunication technologies (ICT) in an international context.
c
The ffocus is placed
d on ICT
inform
for de
evelopment (IICT4D).

ECONOM
MIC DEVELOPM
MENT & AID EFFECTIVENESS
F
This cclass aims to
Provvide comprehe
ensive undersstandings of gllobal commun
nity from the development
d
pperspectives.
Deliiver live experriences from the field of inteernational dev
velopment coo
operation.
Exp
plore Koreas role and missio
on in internatioonal developm
ment cooperation based on its unique tran
nsition
from extreme pove
erty to modern
n industrial proosperity.
velopment pro
ojects and connsultations..
Provvide practical knowledge for the implemeentation of dev

INTERNA
ATIONAL POLITIICAL ECONOM
MY
This ccourse introdu
uces students to the system
matic study off international (and East Assian) political economy
and itts implicationss for U.S./Kore
ean foreign poolicy. The cou
urse has three basic goals: T
To familiarize students
with major issues of internatio
onal political eeconomy and
d security to equip studennts with the ability
a
to
uate competing
g arguments on
o U.S./Koreaan responses and
a to develop
p action-basedd proposals fo
or solving
evalu
blems.
speciffic policy prob

INTERNA
ATIONAL TRADE
E L AW AND PO
OLICY
This course provid
des a compreh
hensive introd
duction to the
e legal framew
work that govverns our inte
ernational
ng system. Th
he class will focus
f
on the General Agre
eement on Ta
ax and Tariffss (GATT)/Worrld Trade
tradin
Organ
nization (WTO
O) framework in terms of frree trade agre
eements (FTA)), customs uniions, free trad
de zones,
trade
e barriers, antti-dumping and countervailiing duties, safeguards, env
vironmental cooncerns, human rights
vices, intellecctual property
y, e-commerce
e, competitionn policy and trade in
and labor issues, trade in serv

investtment. It will also explore the

t relationsh ip between th
he internationa
al economic leegal infrastruccture and
the ch
hallenges of globalization,
g
market
m
accesss, and develop
pment.

LAW AND DEVELOPMEENT

This ccourse examin
nes the role of law and the legal system in economic and
a social devvelopment, pa
articularly
in de
eveloping and least-develop
ped countries. The course first considerss the nature oof law, with particular
p
refere
ence to develo
oping countrie
es, and then exxamines vario
ous theories an
nd concepts oof developmen
nt. It next
probe
es the theorettical relationsh
hips between law and deve
elopment. The remainder off the course addresses
a
the rrole of law in developmentt through a sseries of case
es on such cru
ucial issues aas land tenure
e, capital
ation and fo
oreign investm
ment, corporaate governan
nce, the rule
e of law annd good gov
vernance,
forma
consttitutionalism, corruption,
c
jud
dicial reform, aand the enviro
onment.

MACROEECONOMICS
t understand how the ecoonomy as a whole (the natiional economyy) operates. It
I studies
This ccourse aims to
basic concepts and agreed- up
pon theories oof macroecon
nomics in partticular for thee GSIS stude
ents from
ds who are not very familiaar with technical or mathematical macrooeconomic isssues. The
diversse background
coursse puts empha
asis on the inttuitive understtanding and th
he practical ap
pplication of tthe ideas and concepts
in ma
acroeconomicss.

POLITICA
AL ECONOMY OF
O JAPAN
The ccourse aims to
t provide an overall unde rstanding of political
p
econo
omy in Japan . The course explores
diversse topics of co
ontemporary Japan
J
through
h the lens of political econom
my.
This ccourse mainlyy deals with th
hree major issu
ues: developm
mental state of Japan an Jappan Inc. the politics
p
of
indusstrial policy, the
t
bubble ecconomy and lose decade. The Japanesse financial B
Big Bang, the
e political
econo
omy of globalization and Ja
apanese reforrm, types of economic
e
reco
overy or recesssion after 200
08 global
crash
h, and Japanesse foreign policy.

UNDERSTANDING FTA
The ccourse examin
nes internatio
onal trade law
w and policy issues involve
ed in FTA neggotiations. The course
seekss to enhance understandin
ng the elemeents of interna
ational trade law involved in FTA nego
otiations;
evalu
uate the results of economicc analyses of FFTAs and mak
ke use of them
m for policy maaking purposes and for
gies; appraise the demand s of businesss sectors and incorporate ttheirs interestts in FTA
negottiating strateg
negottiation objectiives; evaluate
e FTA partnerr countries trrade regulatory regimes a nd design ne
egotiating
objecctives that imp
proves market access for yoour countrys exporters
e
and investors throoughout the co
ourse.

AL F INANCE & E CONOMY

Y
2. GLOBA

The fie
eld of Globa
al Finance an
nd Economyy is designed
d to teach th
he fundamenntals of inte
ernational
financial markets so
s that stud
dents can accquire a glob
bal view and
d a strategicc way of thinking on
financial issues. In particular, the
t students of the field are required
d to develop the skills tha
at enable
them to analyze a range of business isssues in investment and
d risk manaagement in a global
environ
nment. The courses offered in the fieeld include in
nternational finance, inteernational mo
oney and
finance
e, investmen
nt and risk management,
m
corporate fiinance and macroeconom
m
mics. The field will be
of inte
erest to stud
dents seeking
g careers in multinationals, internattional financiial organizattions and
interna
ational bankss.
CORPORRATE FINANCE
The course seekks to enhance
e understand
dings of NPV and its app
plications, riskk and return,, financial
urities, corporrate dividend policies and capital structure. The course provides an introduction to the
secu

fund
damental princciples of financcial valuation, risk-return tradeoffs, and capital
c
structu re decisions of
o firms.

FINANCIIAL INSTITUTIO
ONS AND GLOB
BAL FINANCIALL SYSTEM
INTERNA
ATIONAL FINAN
NCE
Thiss course prese
ents international macroecon
nomic theory and its application to curreent policy issue
es. Topics
inclu
ude the theorry of exchange rate determ
mination, mon
netary and fiscal policy in aan open econ
nomy, the
com
mparison of fixxed and flexib
ble exchange rate systemss, and the glo
obalization off financial ma
arkets and
bala
ance of payme
ents crises.

INTERNA
ATIONAL MON
NEY AND FINAN
NCE
The course aims to develop a coherent fram
mework to und
derstand fund
damentals of ffinancial mark
kets in the
bal environme
ent. It addressses both mark
ket behavior and institutionaal aspects of the global
business and glob
ncial system. The course first developss equilibrium theories to understand thee behavior off financial
finan
varia
ables such as interest ratess, stock pricess and exchang
ge rates. The second part of the course
e adopts a
more
ach, and provvides an intro
oduction to va
arious pressingg issues arising in the
e real world-based approa
curre
onal financial community. Topics inclu
ude financial consolidationn and conglo
omeration,
ent internatio
finan
ncial crisis, capital account liberalization aand the reform
m of the intern
national financcial architecturre.

INVESTM
MENT AND RISK MANAGEME
ENT
Thiss course provid
des basic concepts in finan
ncial investments and risk management.
m
Topics include
e risk and
return tradeoffs, capital asset and arbitragee pricing models, and portffolio selectionn and risk management
ories, among others.
o
Derivative securitiess such as optio
ons and future
es and their tra
rading strategiies as well
theo
as g
general use as risk management tools w
will be discusssed. Based upon the theooretical founda
ation, this
courrse will also prrovide real wo
orld examples and applicatio
ons.

MACROECONOMICS
Thiss course aims to understand
d how the ecoonomy as a whole
w
(the national econom
my) operates. It studies
basic concepts and agreed- upon theories of macroeconomics in particular for thhe GSIS stude
ents from
erse backgroun
nds who are not
n very fami liar with techn
nical or mathe
ematical macrroeconomic issues. The
dive
courrse puts emph
hasis on the in
ntuitive undersstanding and the practical application
a
of the ideas and
d concepts
in m
macroeconomiccs.

AL S TRATEGY
Y & M ANAGE
EMENT
3. GLOBA

COMPARRATIVE CORPORRATE GOVERNA

ANCE
COMPETTITION AND IND
DUSTRY ANALY
YSIS
CRISIS MANAGEMENT
CULTUREE, BUSINESS AN
ND GLOBAL ISS
SUES
DISPUTE RESOLUTION IN INTERNATIO
ONAL BUSINESSS
This sseminar coursse will examin
ne the strength
hs and weakn
nesses of the dispute resoluution mechaniisms that
goverrn internationa
al trade, finan
nce and invesstment, primarily focusing on
o such dispuute settlementt systems
that o
operate underr the World Trade
T
Organizaation, the Wo
orld Bank's Intternational Ceentre for Settle
ement of
Invesstment Disputes, and the International C
Chamber of Co
ommerce. Witth the continuuing integratio
on of the
globa
al economy, dispute
d
resoluttion plays a ccritical role in the operation
n of cross-borrder trade, inv
vestment
regim
mes and the fin
nancial archite
ecture. Disputtes arise at the center of th
he most compplex trade issues in our
globa
al markets. An
n integral elem
ment of the ccourse will be simulated disspute settlemeent exercises in which
stude
ents assume th
he role of lega
al representatiives or dispute
e settlement panelists
p
or arrbitrators. Stud
dents will
write briefs, debate
e and decide hypothetical
h
caases based on
n actual litigate
ed cases.

ELECTRO
ONIC COMMERCE & STANDARDIZATION
This course provid
des an introdu
uction to the cconcepts and processes ussed in doing bbusiness electtronically.
The ffocus of the course
c
is the business,
b
ratheer than technical, aspects of
o electronic ccommerce. Th
he course
will e
examine both business-to-b
business and business-to-cconsumer elec
ctronic comm
merce. It cove
ers topics
includ
ding converge
ence, broadb
band and moobile infrastru
ucture, EC sttrategy, businness models for EC,
stand
dards, e-marke
eting, and inte
eraction with tthe consumer. The course also
a studies neew trends in electronic
e
comm
merce including Web 2.0, so
ocial networkin
ng sites and so
o on.

GLOBAL COMPETITIVEN
NESS POLICY
GLOBAL IT MANAGEM
MENT
The a
aim of the course is to ena
able students to assess the
e opportunitiess and problem
ms that manag
gers in a
wide range of orga
anisations face
e as they atteempt to use IT
T to add value
e to their businnesses. It also
o aims to
derstand transsformational changes with
hin and acrosss industries. These chang
ges have
help students und
egic implicatio
ons for many businesses.
b
Foor this purpose
e, the course uses a mixturre of lectures and case
strate
studie
es to help stud
dents develop
p insights into the way IT sh
hould be mana
aged in busineess organisatio
ons.

GLOBAL ORGANIZATIO
ON & LEADERSHIP
This course is a se
eminar in organization and leadership in
n the context of global com
mpetition. It addresses
a
me firms perfo
orm better th
han others on a consistent basis over tiime and unco
overs the
how and why som
underrlying dynamiccs therein. Strrategic Manag
gement and Global Competition offered aat the Graduatte School
of Intternational Sttudies of Yonssei University or equivalent is the prere
equisite for taaking this course. It is
intend
ded that the course will ge
et students deeeply involved
d in developin
ng hypothesess and relevantt tests in
the a
areas of organ
nization and leadership.
l
Sttudents are expected to ta
ake initiatives in molding their own
insigh
hts through clo
ose interaction
n with the insttructor.

MANAGEERIAL ECONOM
MICS
This course is designed to prov
vide a solid fooundation of economic
e
theo
ory and methhodology necessary for
ent manageria
al decision making.
m
The toools develope
ed in this cou
urse help stuudents undersstand the
efficie
naturre of the mana
agerial decisio
on-making proocess and the role that econ
nomic analysiss plays in that process.
The course examiines a wide variety of caase studies an
nd simple nu
umerical exam
mples to illusttrate the
agerial econom
mics to a widee variety of pra
actical situatio
ons.
appliccation of mana

STRATEG
GIC MANAGEMENT & GLOBA
AL COMPETITIO
ON
This ccourse is to help students grasp
g
basic th
heoretical and conceptual frrameworks forr understandin
ng forces
at wo
ork in formulating and implementing g
global strategiies at the firm
m level. It allso gives stud
dents an
opporrtunity to app
ply theoretica
al concepts too the analysiss of actual business situattions through
h a short
resea
arch project.

4. GLOBA
ALIZATION & COMPETITIV
VENESS P OLIC
CY
(THIS

FIELD IS NOT APPLICABLE TO THOSE ST

TUDENTS ADM
MITTED IN AN
ND AFTER

EDUCATIION AND GLOBBAL COMPETITTIVENESS

GLOBAL COMPETITIVEN
NESS POLICY
GLOBAL HUMAN RESO
OURCES DEVELOPMENT
GLOBAL ISSUES AND THE MAKING OF
O INTERNATION
NAL POLICIES

201
13 SPRING

SEMESTER .)

This course is an advanced sem

minar seeking
g to explore one
o
of the growing paradooxes of conte
emporary
national relatio
ons: unpreced
dented awareeness of globa
al issues coup
pled with the emergence off entirely
intern
new actors and stakeholders yet unparalleeled challeng
ges and bottlenecks to ccrafting viable
e global
solutiions. Indeed,, more than two decades aafter the end of the Cold War,
W
the globaal system continues to
defy classification.. It also seeks to preparee students to
o become much more aw
ware of policy
y-making
mics with on
nly limited hisstorical refereence, i.e., living in an era of unparallleled and acccelerated
dynam
globa
alization. In this respect, three
t
inter-re lated strands complicate even
e
further the search fo
or global
solutiions.

GLOBAL PUBLIC RELATTIONS

GLOBALIIZATION OF KOREAN
O
ECONOMY AND SOCI ETY
INTERNA
ATIONAL POLITIICAL ECONOM
MY
This course introd
duces system
matic study oof internationa
al (and East Asian) politiical economy and its
S./Korean fore
eign policy. Th
he main objecctives of the course
c
includee familiarizing students
impliccations for U.S
with major issues of international political eeconomy and security, equ
uipping studennts with the ability to
evalu
uate competing
g arguments on
o U.S./Korea n responses and
a developing
g action-basedd proposals fo
or solving
speciffic policy prob
blems.

KOREAN ECONOMIC INSTITUTIONS

N
, ENTREPRENEURRS AND BUSIN
NESS
This ccourse is desig
gned to be an
n introductory case seminarr that surveys and explore a variety of issues and
policie
es related to the
t development of Korean
n capitalism. Through
T
severa
al cases whichh are primarily
y focused
on e
economic institutions, Korrean Economiic Institutionss, Entreprene
eurs, and Bussiness identiifies and
exam
mines the varrious institutio
onal arrangem
ments by wh
hich the political and econnomic exchan
nges are
coord
dinated.

MANAGEERIAL ECONOM
MICS
This course is designed to prov
vide a solid fooundation of economic
e
theo
ory and methhodology necessary for
ent manageria
al decision making.
m
The toools develope
ed in this cou
urse help stuudents undersstand the
efficie
naturre of the mana
agerial decisio
on-making proocess and the role that econ
nomic analysiss plays in that process.
The course examiines a wide variety of caase studies an
nd simple nu
umerical exam
mples to illusttrate the
agerial econom
mics to a widee variety of pra
actical situatio
ons.
appliccation of mana

SEMINARR ON GLOBAL POLITICAL ECO

ONOMY
STRATEG
GIC MANAGEMENT & GLOBA
AL COMPETITIO
ON