Archive for the 'Korea's Education Sector' Category

Almost Half of Korean Parents Want To Send Children Overseas for Study

Saturday, October 18th, 2008

A report in today’s Korea Times about a recent survey by the National Statistical Office caught my eye.  According to a survey of 42,000 people over 15 years old from 20,000 families nationwide, 48.3 percent of those over 30 with children wanted to send them overseas to study. Among the mostly high-paid professionals or office workers, about half wanted overseas education from elementary school level.

The survey also questioned why parents wanted to send their children overseas.  A majority responded that they wanted their children to have an international sense of living, but 27.3 percent said they did not like the Korean education system; 16.6 percent wanted their children to learn in a liberal atmosphere; and 13.1 percent wanted them to learn a foreign language easily.

Korea Eases Entry Barrier for Foreign Universities and Schools

Wednesday, October 15th, 2008

As reported today in the Korea Times, foreign higher-learning institutions are required to have a certain amount of seed money to set up branches in South Korea.  A foreign university needs to have 10 billion won to set up a branch here, while a graduate school should have 4 billion won and schools providing two-year master’s programs should have 7 billion won.

The Cabinet approved a ministry plan Tuesday to remove the seed money rule, which has drawn complaints from foreign institutions seeking to enter the Korean market, in a bid to attract more foreign schools. “Foreign institutions don’t have to secure the seed money if they plan branches in free economic zones and on Jeju Island,” a ministry official said. “The removal is in line with the government’s efforts to attract more foreign schools. We plan to offer more benefits to them.”

Korean Government to Raise Spending for English Education in 2009

Monday, October 6th, 2008

The government said Sunday it will expand the education budget to develop training programs for English teachers and recruit more native English-speaking teachers. The Ministry of Education, Science and Technology announced Sunday that it will spend a total of 19.5 billion won ($15.9 million) next year, up 12.2 billion won from a year earlier, for English education programs at elementary and secondary schools.  As reported by the Korea Times, more than half of English teachers in the country are opposing next year’s planned introduction of “Teaching English in English (TEE)’’ teachers. The government plans to recruit 23,000 TEE teachers, who will conduct classes only in English, over the next five years.

Yongsan International School Warned Over Admission Fraud

Monday, September 22nd, 2008

The Korea Times reports that education authorities have issued a disciplinary warning to Yongsan International School of Seoul (YISS) for admitting unqualified students. They confirmed an earlier report by The Korea Times (Aug. 25) that the school admitted eight unqualified Korean students who were children of the school’s Korean staff. The students in question have now transferred to other Korean schools.

“We’ve issued a stern warning to the school,’’ said O Nam-bum, an official of the Seoul Metropolitan Office of Education (SMOE). “The warning means that if the school accepts unqualified students again, it will face a suspension of operations.’’ Koreans are ineligible to attend the school unless they have lived overseas for more than five years.

There are some 50 foreign schools operating in Korea with about 10,000 enrolled students. Among them, Seoul has 20 and the city plans to build three more by 2012.

Web Boom in English-Obsessed Korea

Friday, September 19th, 2008

There is an interesting report by Reuters today on the rapidly growing use of internet-based services that allow Korean students to talk with native-speakers of English.  The article notes that on any given day, students ranging from kids learning their alphabet to adults preparing for job interviews sign in on their Internet messengers, fire up their webcams and wait for English teachers to appear — from faraway continents.

Web English is one of the fastest growing segments in South Korea’s private English education industry, which is estimated at 15 trillion won ($13 billion) a year — almost half of the country’s annual education budget. About 150 to 200 companies are in the market offering phone and Web English tutoring.  KT Corp, South Korea’s dominant fixed-line and broadband operator, provides a service called “Hello ET” cooperating with a South Korean English education company. Internet portal SK Communications runs “Spicus” which includes a job interview drill on a video-chat platform. Applicants hand out their completed English resume before the drill. An interviewer stages a simulation interview through webcam, looking through resumes, and later provides feedback on logical speaking and communication skills.  In terms of cost, a three-times-a-week Web English course can be covered for about 100,000 won a month. ($1=1151.0 Won)

Increasing Foreign Investment in Korea’s Private Education Sector

Tuesday, September 16th, 2008

Reports in both the Korea Times and the Joongang Ilbo recently highlighted the continued growth of South Korea’s private institutes, otherwise known as cram schools.  According to the Ministry of Education, Science and Technology, the private education market was worth 20 trillion won last year. Some, however, estimate the market to be as big as 30 trillion won when including institutes for kids and adults. Many private institutes have turned into huge enterprises with nationwide franchises and are preparing to list on the stock market. Some of them are even planning to advance into other Asian markets. 

A number of global private equity funds have invested in the private education market over the last few years. Their investment is expected to hone its competitiveness but concerns are growing that public education at schools might be left behind. The investments show that private education is not about small private cram schools or “hagwon” under careless management anymore ― it has grown into a huge industry. 

The Carlyle Group, for example, invested $20 million in Topia Academy, a private institute specializing in English education; TStone invested 60 billion won in Time Holdings, a cram school; Elim Edu, an essay school, got a $13 million investment from Goldman Sachs; and AIG Investment put $60 million into Avalon, an English language institute.

President Lee Myung-bak administration’s focus on English education is also expected to bolster the private education market.

Korean Universities Shut Down Unpopular Departments

Tuesday, September 16th, 2008

According to an article in the Korea Times, many South Korean universities are planning to shut down or downsize what they call unpopular departments in a bid to concentrate on sought-after studies and reduce their budget spending.  Konkuk University said Monday it might shut down its European Union Studies and Jewish and Middle East Studies departments from the spring semester after taking into account their poor employment rates and lukewarm response from students.The university will also downsize its Physical and Music Education departments as demand on teachers majoring in such subjects has been falling, while it will establish an English Education Department to meet the soaring demand for English-specialized teachers. Seoul National University, the nation’s No. 1 school, is considering unifying its three out-of-favor departments ㅡ the Department of Asian History, Western History.

Ehwa Womans University to Establish TESOL Graduate Program

Tuesday, September 9th, 2008

The Korea Times reports today that Ewha Womans University will open a TESOL graduate school next March to meet the growing demand for English teachers.  Ewha, the oldest and biggest women’s school in Korea, will recruit 40 students at the end of the year and work together with the University of London Institute of Education on dual degree programs. Ehwa President Lee Bae-yong also said she wants to push for globalization projects. Ewha will set up eight more global centers in overseas universities. So far, Ewha has built centers in 12 cities including New York, Beijing, Boston, Tokyo and Hong Kong for networking. With the bases, it aims to send 60 percent of freshmen to sister universities as part of global outreach programs by 2010.

New School Plans Feed Frenzy for Education

Monday, August 25th, 2008

There was an interesting article in today’s Joongang Ilbo, English edition, about the effects of the announcement by the city of Seoul’s education authority that it would establish two new, all-English, international middle schools.   The article shows quite graphically the relationship between strategies in public education and the activities of private English and study abroad institutes.

Nation Divided over Plan for New International Schools

Thursday, August 21st, 2008

The Korea Times published an editorial that provides interesting background on the issues raised by the announced plan for Seoul to establish two international middle schools.  This was the subject of an earlier post.  For those of you interested, this editorial helps to frame the issue more completely.