University of Ulsan Exchange Program
and the
TaLK (Teach and Learn in Korea) Korean Government Scholarship Program

Sponsored by:
The College of Business at Auburn University has established a relationship with the University of Ulsan in South Korea for a student exchange program. Students from the University of Ulsan (UOU) may come to Auburn University, and Auburn students likewise, may go to the University of Ulsan for a semester or a full academic year.

About:
Founded by the Hyundai Group, the University of Ulsan, the only four-year general university in Ulsan, educates students to adapt themselves readily in the fields of industry by facilitating cooperation with local industries. To aim high at quality education and global competitiveness, UOU provides international exchange students with excellent Korean language programs, business, economics, liberal arts, and engineering courses, to name a few, in English. Free dormitory and a monthly available stipend ($300) are also provided.

Location:
Ulsan is a metropolitan city located in the south-east of South Korea and lies on the Sea of Japan. As one of six metropolitan cities in Korea, Ulsan has a population of 1.1 million. Ulsan is known as the economic capital city and engine of South Korea. The city's export volume alone accounts for 16% of Korea's total exports. Ulsan is home to Hyundai Heavy Industries; operating the largest ship building facility in the world; and one of the largest car manufacturing sites, Hyundai Motors, as well as one of the world's largest oil refineries, SK Corporation.

In addition to economic features, Ulsan is also famous for 12 beautiful natural sceneries. In Ulsan, you can experience the world's modern marvels as well participate in an immersive Asian culture with thousands of years of tradition and history.

The Program:
The UOU study abroad program provides excellent Korean language programs and courses in English in a variety of disciplines including business, economics, liberal arts, and engineering. Every semester, exchange students will go on field trips to global company plants and historic cultural sites.

What is the program about?
The TaLK program invites undergraduate students to teach English on Korean Government Scholarship. The program is sponsored by the Korean Ministry of Education, Science, and Technology. Participants will teach English in after school classes of Korean elementary schools in rural areas. Term: Teaching activities last for six months (August – December) or one year (August – July), starting August.

Who Can Apply?
Those who fulfill the following requirements are eligible:

How do students participate?

What are the programs benefits?

Application Deadline
May 15 – June 30 (Send the application and other required documents to UOU's international office).

Required Documents

Contact Information at University of Ulsan

Course Credit and Requirements:
For the general Exchange Program at UOU, College of Business Application Form and all Auburn University level Study Abroad forms (such as Course Approval Form, Release of Liability Form, etc.) must be completed. Students must be registered through the Auburn Abroad Program to received appropriate credit. All students must have adequate health insurance coverage.

Costs:
Students will pay a Program Fee of $3150 per term to Auburn University – College of Business and will not pay tuition at Ulsan. For Auburn University students, an Auburn Abroad fee, currently $540 for residents and non-residents, will be billed additionally to participate in the program through Auburn Abroad. Fees are subject to change.

Auburn University students, requesting financial aid, should contact Michael Reynolds in the Financial Aid Office at 844-4367.

When:
Fall term in Ulsan is from early September to late December. Spring term is from early March to late June.

Housing and Accommodation:
The University of Ulsan will provide room accommodations. Typically, students will be paired with a Korean student in University dormitories.

Living Expenses:
The University of Ulsan provides a $300 monthly stipend for meals. For those students accepted in the TaLK program, a monthly stipend of approximately $900 is provided by the Korean Government. Students in the TaLK program are expected to teach English in elementary schools for 9 hours per week.

Transportation:
Students must make their own travel arrangements to Ulsan, Korea and return. Any travel, outside the Exchange Student Program, will be the student's responsibility. Students are responsible for obtaining passport, and visas, as required. For those students accepted in the TaLK program, the Korean Government provides for round-trip air transportation.

Health Insurance:
Students must have adequate health insurance coverage and complete Release of Liability forms through the Study Abroad Office.

Travel and Entertainment:
While in Ulsan, the University of Ulsan will coordinate visits to companies as well as cultural trips. Personal travel beyond that provided by the University of Ulsan will be the student's responsibility.

Applications:
Applicants must send the following application materials to Dr. Amit Mitra, at the address listed below.

Courses:
The following is a brief list of some of the courses offered in English. They are subject to change.

Course Title Korean Intensive Class Basic Korean Writing Basic Korean Reading Phonologic Structure of English Understanding of Linguistics International Issues Sociology Reading Understanding of Korean Economy Financial Accounting Accounting Principles Consumer Behavior Advertising & Promotion Strategic Management Engineering Mathematics Introduction to Optics Beyond Boundaries Human Relations Basic Computer Design 2D Graphics Computer Gaming Planning Ship Structure Design Differential and Integral Calculus Digital Communication Digital Logic Circuit Discrete-time Signal Processing Multi-Media Application Assembly Language Engineering Metal & Alloys Pollution Control

Credit 20 3 3 3 2 2 3 2 3 3 3 3 3 3 3 2 2 2 2 3 3 3 3 3 3 3 3 3 3

Semester Spring & Fall Spring Fall Fall Fall Spring Spring Fall Spring & Fall Spring & Fall Spring & Fall Spring & Fall Fall Fall Spring & Fall Spring & Fall Spring & Fall Spring & Fall Spring & Fall Spring & Fall Fall Fall Fall Spring & Fall Fall Fall Fall

Department Int'l Office English Lit. Politics Sociology Economics Business Architecture Physics Arts Education Design Naval Architecture Electrical Engineering Computer Engineering Materials Engineering Civil & Environmental Engineering

Following are descriptions of some of the courses: Detailed descriptions on some can be located by clicking on the links below:

College of Social Sciences

Introduction to Sociology
Introduction to Sociology is designed to acquaint students with the basic concepts of sociology and social phenomena. Sociology, one of the core areas of social sciences, is concerned with individuals in society, social relationships and institutions. Throughout the semester, this course will examine culture, personality, education, religion, marriage, population change and social movements employing various sociological theories and scientific methods.

Social Problems of Korea
This course is designed to introduce students to current social problems of Korea. As a country rapidly changing from an industrial to a post-industrial society, Korea is experiencing the problems and changes which developed countries have already gone through or are still having. The most dramatic changes are occurring in such areas as the family, health, religion, occupation, values, and environment. The literature and research findings from various perspectives will be presented to help students examine the current developments in Korea.

Public Management
Examination of a broad range of management issues relevant to public organization. Topics include: differences among public, private and not–for–profit management; governance; strategic planning and resource management; and controlling for efficient and effective public organization.

Korean Politics
A study on major issues of Korean politics today. Focuses on Korea's experience of its own politics and, especially after 1945, of international relations that supposedly has affected the Korean politics today.

Introduction to American Government
An introduction to the constitutional framework, institutions, and political processes of government in the United States. This course also briefly deals with the historical background of the foundation of the American political system and focuses on American political culture.

Micro Economics
Micro Economics studies the decisions of individuals and firms, how these decisions interact, and how they influence the allocation of society's resources and the distribution of income. The lecture introduces the basic understanding of price theory, cost function market equilibrium, externality uncertainty, etc.

Macro Economics
Macro Economics looks at the behavior of entire economies and studies the pressing social problems of inflation and unemployment. The lecture discusses the basic theories of the determination of GDP (production function), money market, labor market, growth theory, etc. These macroeconomic theories are analyzed under the framework of aggregate demand and supply.

Labor Economics
This course provides a discussion of the economics of the labor market. The course begins with an overview of the trends and institutional features that characterize the labor market. Particular attention is placed on the causes and consequences of rising female labor force participation rates, the growth of the service sector, and other labor market issues.

After this introductory discussion, the focus of the course turns to a discussion of the theory of labor demand. In this section of the course, students examine the short-run and long-run determinants of labor demand. The determinants of the elasticity of labor demand, and the importance of demand. Students examine the tradeoff that occurs between the number of workers hired and the length of the work week.

The next section of the course provides a discussion of the determinants of labor supply. This discussion beings with an examination of labor supply in a simple model in which workers face a choice between labor and leisure. This is followed by a discussion of the household production model in which individuals must choose to allocate time among market and various types of nonmarket activities. The effects of alternative types of welfare, unemployment compensation, and social security systems on labor supply are then examined.

The concluding section of the course provides an examination of alternative sources of wage differentials. This portion of the course provides an examination of the economics of education, unions, discrimination, compensating wage differentials, and other determinants of wage differences.

Korean Economy
This course deals with the past, present, and future of Korean economy. It is well known that Korean economy showed fast economic growth and is considered as an excellent development model for other developing countries. At the end of 1990s, however, Korean economy experienced the worst economic crisis in her history. In this course, we will focus on the main success factors of Korean economic growth in such a short period. Next, we will try to find the factors which caused recent economic failure. There are several theories about the cause of the recent Asian economic crisis including Korean economic crisis, but we will mainly study the internal or historical factors of economic failure which embedded in the compressed economic growth process of Korea. Finally, we carefully deal with reform policies of Korean government to recover from the economic crisis.

College of Management

Organizational Behavior
The study of the behavior of people in organization is typically referred to as Organizational Behavior. By this subject, we can better understand and predict human behavior at work. The study of Organizational Behavior has newly emerged based on the methodology of interdisciplinary approach. And this subject also has the characteristic of placing emphasis on the integration between synchronic approach and diachronic approach as well as between a micro approach and a macro approach.

Principles of Marketing
Consumers has been the first concern since the marketing concept was introduced. Therefore, it is necessary to develop the strategy and tactics about how to approach consumers and make them purchase the products. First of all, consumer needs and wants should be satisfied. Based on this understanding, we will learn the marketing activities of the firms and apply them to real cases.

Finance
The objective of this course is to provide students with the concepts, methods, and the fundamental issues of corporate finance. Corporate finance is concerned with a firm's investment decision and financial management. The first part of the course deals with the question of identifying and deciding on investment projects. The second part deals with how to finance these projects and how to manage the project's cash flows.

The course begins by presenting and discussing the task of capital budgeting under uncertainty. This portion of the course relies on the knowledge of capital budgeting under certainty and the relations between risk and return (e.g., the CAPM theory). In fact, capital budgeting under uncertainty combines these two topics in the simplest way possible. The course also discusses the concept of efficient markets, which is an excellent bridge between the investment and financing decisions. The rest of the course will focus on how firms raise capital, the investment banking process the way firms see it, and firm's optimal financial policy.

Production and Operations Management
Production and Operations Management, this course deals with the design, operation, and improvement of the systems that create and deliver the firm's primary products and services. It encompasses forecasting, capacity planning, scheduling, managing inventories, assuring quality, motivating employees, deciding where to locate facilities, and more.

Financial Accounting
The purpose of accounting is to provide information useful to economic decision makers. This course introduces students to actual accounting practices and techniques. The real focus of the course is uncovering the meaning of accounting information and how this information is used by decision makers. Throughout the semester this course provides students with financial accounting concepts to give students an understanding of how accounting information is used to make informed decisions.

Managerial Accounting
This course is to provide the basic accounting information and its application and uses within the business organization. This course includes the study of manufacturing operations with emphasis on management decision making, determination and control of costs, and budgeting.

Electronic Commerce
This course teaches online business activities including shopping, banking, investing, and any other venture that uses either electronic money or electronic data interchange.