STUDY IN South KOREA
Why Study in South Korea?
The Republic of Korea is a highly successful country on the Asian continent. Most of the technology-related supply to India comes from South Korea. It is a global leader in technology and industrial sectors and provides a wide range of job opportunities in the same. South Korea is a place known for its impeccable education system; Edu-buffs are a thing here.
Did you know that Korea is among the top countries for a citizen’s basic level of education to be a tertiary degree? Great schools and up-date-curriculum account to the fact that nearly half of the educational institutions in Korea holds a high rate of foreign students. Many students who study in Korea are international students. Being among the prime players in the league, Korea’s GDP per capita is 29, 989; it is a high economy country with a high value of HDI. Korea is among the top countries to hold a place in the Organization for Economic Cooperation and Development (OECD) and performing gloriously in the fields of Math, Science, and Reading literary.
The educational growth in Korea has been applauded by several developed countries. The growth we see today has driven rapid economic growth in the country as well. As a chain reaction to this, the quality of education also started evolving. This paved the way to a number of international students to study in Korea. The foreign admissions growth rate is over 20% per year in the university enrollments. There are many colleges and universities that provide ample scholarships for international students.
A ‘growth-only’ kind of economy
The Korean economy is the world’s most sustainable in terms of growth and development- it is the 4th largest economy in Asia. The GDP of Korea on a global level is 2%. In the last year alone, the average growth in the fields of technology and sciences annually is 5%. It has grown to become the high-income country that it is now because of the high importance given to manufacturing and technology sectors. It is one of the few countries that wasn’t affected by the great recession and the economy is still not altered. Korea holds a place among the top 11 countries that will overpower the planet in the 21st century. The soaring educational institutions/facilities and the highly-encouraged populace of Korea served as a catalyst in the rapid economic growth of the country.
Education in Korea
If you study in Korea there is a huge opportunity for exposure. Korea is among the top-performing OECD countries, leading in math and science. Also, the place ranks top when it comes to the higher number of an educated workforce. Students from all over the world would be your classmates and you would get to know about several interesting cultures. The students from Korea are wired to study hard from childhood. As a result of this, they are exceedingly hard-working. They are very open-minded and easy to adjust to any kind of change. Even though the official language of South Korea is Korean, students are made to study English from a very young age. This had made the country open to the rest of the world. People from various countries, pursue their higher studies in Korea as South Korean universities are adapting more courses in English. Koreans are very hospitable people who would take care of any outsider! The fun, food and grand festivals are a huge reassurance.
The Korean job market is a well-renowned scene, having produced some global giants in the past few years. They contribute significantly to the global GDP, Samsung and Hyundai have gone on to become household names, and those are just two of the many career opportunities that await those who study in Korea. Universities like Kyungdong offer dedicated placement training while in your final phase of the degree, with high success rates of landing a job. Unlike some other countries, in Korea, it is quite easy to land stable employment and career for foreigners. Students who study in Korea, land jobs like Project Manager and QA/QC. Korea offers a plethora of viable job opportunities for those in the market.
Naturally, not everyone wants to wait until getting the degree to land a job. Some seek part-time employment, either as a means of making a little money or just for the experience. You’re in luck, though, because Korea does offer its fair share of part-time employment opportunities to students who go to study in Korea. One such notable opportunity is the platform known as Work Away, which is your source of part-time gigs. As expected, you will need a work permit along with your student documentation to start working in Korea part-time. If you are fluent in English and Korean, you can always take up translator jobs and part-time English teacher jobs, as those are always in demand. Most of the students who study in Korea take-up part-time jobs in order to gain extra work experience.
Average Pay Scale
South Korea offers a variety of jobs, and the pay varies significantly across those jobs. On average, a working-class individual in Korea makes around 4,349,013 KRW every month. This seems to be the standard amidst most of the popular jobs that Koreans opt for. All other niche job opportunities either pay lesser than this or way more. For the latter, you’ll need some groundwork, so it’s best to stick with a job that guarantees you a good sum of money each month. As expected, the big cities like Seoul pay more on average and have better job opportunities in general. Once you land a job in Korea, there is a lot of scope for climbing up the ladder in terms of salary.
One of the most frequently asked questions by people who go to study in Korea is about visas. Once you’ve gotten your degree, what kind of visa do you need to stay and work in Korea? Your D-2 study visa is only valid for 2 years, and hence you will have to renew your visa to include a work permit visa if you’re planning to continue your Korean sojourn. You can get in touch with the embassy and they will guide you with the necessary paperwork and other formalities regarding your visa. If you’ve been working part-time, then you already have a work permit, so the process is slightly quicker.
As is the norm with top universities around the world, Korea’s premier institutes offer job placements as part of their course. This should help you seamlessly transition from being a student to a working professional in Korea. In addition to this, many Korean companies are active on LinkedIn, so you can also try your hand by applying through there. If you feel you want to take it slow and figure things out, you can always apply for internship programs in and around your area and place of study in Korea. The faculty at your institute will guide you when it comes to choosing the right job opportunity for you. With the number of companies that come in for placements, you can land a job easily, with some consistent good performance and effort.
Top Korean Companies
South Korea has always been a major contributor to Asia’s GDP, thanks to the powerhouse companies that come from it. We all know how popular Samsung and Hyundai are, and they’re regularly featured on Forbes’ list of top companies worldwide. Aside from these two giants, there are other top-class companies as well, like SK Hynix and Posco. There are plenty of other big companies that have set up major operations in Korea, mostly in the electronics field. Siemens, Microsoft, and IBM are among the big names in this bracket. Some recognizable names that are also a major part of Korea’s industry are LG and KIA Motors. There is a world of job opportunities awaiting those who study in Korea.
For those looking to study in Korea, the cost of the degree is an important factor to consider. The fees vary depending on the university and the degree opted, but there is a pattern that is observed across major universities. For instance, at Kyungdong University, the fee structure is as listed below:
TUITION FEES Programs Taught in Korean USD $2,500 (for 6 months) USD $5,000 (for 1 year) UG Programs USD $5,000 (per semester)
The above fees are subject to change at any time.
Each course uses a textbook, which will be an additional cost to each student. Tuition fees aren’t the only major expenditure when it comes to studying in Korea; one has to consider miscellaneous expenses, such as lodging and food. As an example, here’s a breakdown of how it works.
Housing Fee: The housing fee comes to USD $800 a year, for 6 months.
Food: The housing does not include daily meals, so you have to make your own arrangements when it comes to food. Some institutes may offer a mess facility, though.
Transport: Depending on where your housing is, you have to make arrangements for your daily commute to and from your institute.
Kindly note that all foreign students will have to purchase health insurance worth USD $200, which is valid for a year.
Most of the candidates from across the globe will be interested in signing up for scholarships for international students when they apply for study in Korea,to gain a waiver on their tuition fees. Korean institutes do offer a variety of scholarships to foreign students, and this includes even 100% waivers to meritorious candidates. For further details and queries regarding scholarships Contact Us.
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