Stony Brook University Business Management

      On November 27, our department hosted a special lecture featuring Jungwon Lee, the Head of Healthcare Business at LG Electronics, who spoke on the topic "Aging Society and Its Business Opportunities." The event offered an insightful exploration of the challenges and opportunities presented by the rapidly aging population. Approximately 50 students and over 10 faculty and staff members attended, gaining valuable perspectives on the evolving business landscape shaped by demographic shifts. The lecture was a resounding success, leaving participants inspired and informed about potential innovations in the field.

    On Saturday, November 23, 2024, SUNY Korea welcomed high school students nationwide for the annual SUNY Korea Experience Day. The event showcased academic programs, sample lectures, and provided opportunities for participants to network with professors and current students. The Business Management Department featured a lecture on Principles of Marketing by Professor Noelle Chung, attracting approximately 50 prospective students interested in the program.

  On November 15, 2024, SUNY Korea's CPA Study Group visited PwC Korea in Seoul. Thirty students, including three faculty members, Department Chair Jeehong Kim, Professor Soo Young Kwon, and Professor Koren Jo, joined this insightful field trip. The program began with an introduction to PwC, highlighting the company's global impact and diverse range of professional services. Following this, students enjoyed a group lunch and networking session with PwC partners, receiving invaluable advice on career planning and insights into the accounting industry. During the Q&A session, the students had the opportunity to engage directly with PwC professionals, deepening their understanding of what it takes to thrive in a dynamic work environment. The event concluded with a tour of the PwC office, offering students a glimpse into the corporate culture and operations at one of the world's leading professional services firms. Established in Spring 2022, the CPA Study Group at SUNY Korea has consistently provided its members with enriching experiences such as seminars, mentorship, and field trips. Events like this reflect the group's commitment to inspiring and equipping CPAs with the knowledge and connections needed to excel in their careers.      

            On November 4th and 5th, the Business Department held a successful two-day event, the "Academic Lounge," designed to support students in their preparations for the upcoming Spring 2025 semester. This interactive advising session provided 1:1 academic counseling led by faculty members, coordinators, and student representatives, who served as advisors throughout the event. Approximately 60 students attended over the two days, seeking guidance on course planning, academic strategies, and degree requirements. To further support students’ career aspirations, the department invited a representative fromthe Career Development Center. This collaboration aimed to help students align their academic choices with their career goals, offering tailored insights on how coursework could enhance future career opportunities.

We proudly announce that Sunghyun Jang, a Senior BM student, successfully passed USCPA exam this September. Focusing on both accounting and finance, Jang not only excelled in his academic studies but also committed additional time outside of class to prepare for this challenging exam, achieving his professional goal. This fall 2024 semester, Jang is studying at Stony Brook University's main campus in New York as he prepares for his post-graduation career. His achievement exemplifies the hard work and dedication characteristic of SUNY Korea’s student body and highlights the department's commitment to fostering academic and professional excellence.  

On Monday, October 28, the Business Department held a lunch gathering for international students in the Innovation Lab. During the event, the department chair engaged students in discussions about their campus life and future career paths, providing encouragement to help them adapt smoothly to the campus community.

  On September 25, the Business Department hosted a successful CPA Study Group Info Session, which saw the participation of around 30 students and faculty members. The event began with a warm welcome from Professor Koren Jo, the faculty advisor for the CPA Study Group. Kyungjin Kim, the team leader of SUNY Korea's Finance Team, provided valuable insights into the latest developments regarding the AICPA exam. In addition, she introduced the upcoming CPA Study Group membership, offering students the opportunity to join soon.

On September 11, 2024, the Business Department held an awards ceremony to honor top-performing students from the Spring 2024 semester. A total of 21 students were selected for recognition, based on recommendations from professors in major courses. The event was attended by over 50 individuals, including faculty members, award recipients, and fellow students, who gathered to celebrate the achievements of the honorees.

  In an insightful field trip organized by the CPA Study Group on Monday, November 13th, 15 enthusiastic members had the opportunity to visit EY HanYoung. EY HanYoung is a prominent player in the corporate accounting sector that provides consulting, assurance, tax, and transaction service. The event included a company overview, an engaging Q&A session with a Senior Accountant, and a comprehensive office tour. The study group's visit commenced with a warm welcome from EY HanYoung's staff, who introduced the firm and its areas of expertise. The participants were specifically notified that in addition to Assurance, there is a growing demand for foreign accountants in areas such as Consulting, Deals, and Tax.  One of the highlights of the trip was the Q&A session with a Senior Accountant at EY HanYoung. This session offered the students a valuable opportunity to gain insights into the daily life and challenges that account professionals face. Additionally, the office tour provided an inside look at the firm’s facilities and working environment, which was also a very unique opportunity for the CPA Student Group to be able to glimpse the dynamic and collaborative culture at EY HanYoung.  This field trip served as an important stepping stone for the future accountants of the CPA Study Group. The growing demand for foreign accountants will be a great opportunity for the students at SUNY Korea, where students are able to experience cross-cultural skills and earn global perspectives.   

    Business Management Department Professor In-Ki Joo was selected as an inductee into the Korea Accounting Hall of Fame for 2023. The Accounting Hall of Fames seeks to recognize outstanding accountants who have made significant contributions to improving Korea’s accounting industry and the country’s economic development. On October 31, 2023, Professor Joo was officially inducted into the 2023 Accounting Hall of Fame during the induction ceremony. Professor Joo has contributed significantly to the development of modern accounting. He achieved this through numerous published lectures and books related to various fields in accounting. Beyond his academic contributions, he played a pivotal role in the development of the public sector of accounting as an accounting and tax advisor, and engaged in various committees within the accounting field. He has also enhanced the status of the Korean Certified Public Accountants globally by representing Korea in the International Accounting Standards Commission (IASC) in 1987, where he actively advocated Korea’s situation during the development of the International Financial Reporting Standards (IFRS). In addition, he served as the president of the Confederation of Asian and Pacific Accountants (CAPA) from 2009 to 2011. His leadership also extended to becoming the first Korean president of the International Federation of Accountants (IFAC) from 2018 to 2020. During his stewardship of these international global organizations, he opened doors for South Korea to participate in various international accounting organizations, solidifying his legacy as a global accounting figure. Professor In-Ki Joo is a leading professor in Business Management at SUNY Korea, Stony Brook University. He earned his B.A. degree from Yonsei University, an MBA from Seoul National University and New York University, and a Ph.D. from New York University.   http://www.kahof.org/contents/bbspage/xbd/board.php?bo_table=m4_db1&wr_id=26  

SUNY Korea's CPA Study Group held its first gathering last April 11th, 2023.  A total of 29, both continuing and new, members joined the gathering.  Alongside the Business Management Department Chair Dr. Jeehong Kim, the CPA Study group Mentor Professor Sunghee Kim, we were joined by Jung Sun Song, one of Deloitte's prominent partners Jun Sun talked about his experience at Deloitte, the important of being a certified accountant, and shared with students tips that will help them achieve the best results while preparing for the CPA exams.  Students will be visiting Deloitte as part of our semester field trips this upcoming May 19th. 

Effective Fall 2023, ACC 214: Managerial Cost Analysis and Applications will be in the business major core courses and not under Accounting Specialization. Therefore, for the students who are matriculaing (or re-matriulating) in Fall 2023 or later will need to complete ACC214 no matter which specialization they delcare.   The following students groups are applied to this change. Freshman who matriculate in the Fall 2023 or later Students who re-matriculate in the Fall 2023 or later  Students who take a leave of absence for 2 semesters or more

Students in Business Management should choose one of the Specializations at the start of the Junior Year (U3).    Please declare specialization(s) among Accounting, Finance, Marketing and Operations Management by submitting the form HERE. If you wish to change the specialization you already declared, please drop the current specialization and add one.   Please refer to the link below for detailed information of specialization declaration. https://bm.sunykorea.ac.kr/bm/html/sub03/030204.html     *Class Standing* A student’s class standing is based on the number of credits earned before the beginning of each semester, as follows:  U1 Freshman       0-23 credits  U2 Sophomore    24-56 credits  U3 Junior            57-84 credits  U4 Senior            85 credits or more   The deadline is Monday, April 3rd, at 5 PM.

The Business Management Department had an Outstanding Student Awards Ceremony for the Fall 2022 semester winners on March 15. Distinguish students who performed well during the Fall 2022 semester were nominated by the instructors of each course. The winners for the Fall 2022 semester are as follows.   [Outstanding Student Award Winners - Fall 2022] Juhee Yeo - ACC210.90 Financial Accounting Hyungbin Jin -  ACC210.91 Financial Accounting Kyeongjin Son- BUS215 Intro. to Business Statistics Joongeun Kim - BUS215 Intro. to Business Statistics, BUS348.90 Principles of Marketing   Seoyoung Ryu -  BUS220 Intro. to Decision Sciences Intae Kim - BUS326 Organizational Behavior Youngsuk Choi - BUS330 Principles of Finance Kyeong Min Kang - BUS330 Principles of Finance Inbin Jun - BUS346 Operations Management, BUS348.90 Principles of Marketing Heon Young Jung - BUS348.91 Principles of Marketing Jihye Lee - BUS353 Entrepreneurship, ACC214 Managerial Cost Analysis and Applications Sunghyun Jang - ACC310 Intermediate Accounting I, BUS355 Investment Analysis Jihyun Choi - BUS334 Integrated Mktg Communications Jeeeun Lee - BUS358 Marketing Research  Jihoon Kim - BUS359 Consumer Behavior, BUS365 Financial Management Yubin Heo - MAT122 Overview of Calculus with Applications Congratulations all Again!!            

We are delighted to share the news that Prof. Dae Ryun Chang has been selected to receive the "Journal of Marketing Education Outstanding Reviewer  Award" in 2022.   Congratulations Prof. Chang!