[Congrats!]Department of Economics, Selected as the BK21 Four Project
- 경제대학
- Hit3005
- 2020-08-10
Department of Economics, Selected as the BK21 Four Project
- Education & Research Program for Sound Growth of the Korean Economy in the Digital Era
- Group leader: Professor Kim, Sung Hyun
Our university's Department of Economics applied for the BK21 Four Future Talent Cultivation Project under the group name of ‘Education & Research Program for Sound Growth of the Korean Economy in the Digital Era' and after competing with the leading universities in Seoul, it was selected along with Seoul National University and Korea University by its excellent grades. The Ministry of Education and the Korea Research Foundation announced the results of the selection of such projects on the 6th of August. It is a splendid achievement to be selected for the BK project again in 7 years after the second stage BK project.
The BK21 project is a graduate school support project that allows future academic generations to focus on academics and research. The fourth stage BK21 project, which will be in progress for 7 years starting from September, is about 2 trillion 900 billion won of budget, investing 409 billion won per year in terms of graduate student research scholarships and up-and-coming research personnel expenses and the Economics Education Research Group will receive more than 900 million won annually.
Kim Il-Joong, dean of the College of Economics, expressed his emotions saying "I am grateful to both the group leader and the participating professors for providing the opportunity to become a world-class economics research institute leading the academic development in the digital era. I am especially deeply grateful for the creativity and dedication of the writer’s committee members who continued to work even on weekends for as many as eight months right before the presentation in July and prepared a genuine and outstanding project proposal.”
This research group had its motto be big data quant analysis and social contribution research and the group consisted of 18 professors and graduate students, including the group leader Kim, Sung Hyun, vice leader Kim, Chang Sik, and professors Park, Min Soo, Lee, Dong Won, Cho, Doo Yeon, Lee, Seung Duck, who worked hard as the writer’s committee members. The group leader Kim, Sung Hyun determined "Amid the declining number of students and the increasingly fierce competition for top universities, the selection of the BK project was an important step in the life and death of graduate school education. Now that we are in a stable atmosphere, it can be said that a great milestone has been established to upgrade graduate school education and research, which was relatively lagging behind the undergraduate school education. In the future, based on the government's support, we will not remain the best in Korea, but will advance to a world-class graduate school.