New Global Program Kicked Off In Korea

The Daewoo Group Chairman Kim Woo-Choong addressed the 39 men and one woman and an Ann Arbor audience which included university president Jim Duderstadt and Associate Dean Paul Danos.

"I hope that you will keep in mind the fact that the finest steel is the result of the greatest pounding and the highest temperatures; and I ask you to resolve to do your very best with such a spirit," the chairman said. He also cited the program's importance to Daewoo's globalization efforts and its significance as the "first such future-oriented corporate educational program in Korea," a program "which will develop a new generation of specialized managerial talent."

"We inaugurate today an important new partnership between the University of Michigan Business School and Daewoo," said White. He cited Daewoo as a leader in "growth, globalization, and decentralization" and encouraged the new students to "participate actively to seek clarification and to challenge our faculty and each other to get the best experience possible."

Duderstadt said that the B-school is "globalizing education through a network of opportunities."

The 16-month program will consist of a series of lectures through video conferencing and intensive four-day seminars with Michigan faculty who travel to Korea. The Daewoo students will journey to Ann Arbor in August to attend orientation and to take additional core and elective coursework. The capstone to the program is the same as for full-time Michigan MBA students -- MAP. Students will complete a MAP project for one of the companies within The Daewoo Group.

Jeff Holmes, program manager for the Global MBA; Byungkee Jeong, Daewoo program coordinator; Graham Mercer, director of long-distance learning; Wayne Brockbank, Global MBA faculty director; and finance professor E. Han Kim also traveled to Asia for the kickoff.