Economics

The Bachelor of Economics program at Seoul National University offers students a comprehensive and rigorous education in economic theory, applied economics, and quantitative analysis. Designed to cultivate critical thinking and problem-solving skills, the program prepares students to analyze complex economic issues both domestically and internationally. Students learn fundamental economic principles, including microeconomics, macroeconomics, and econometrics, while also exploring specialized areas such as development economics, public policy, international economics, and financial economics. The curriculum combines theoretical foundations with practical applications, enabling students to interpret economic data, develop models, and make informed decisions. Emphasis is placed on fostering research skills, analytical thinking, and effective communication to equip graduates with the tools necessary for diverse careers in academia, government, finance, industry, and non-profit sectors. The program encourages active participation in seminars, research projects, and internships, providing real-world experience and networking opportunities. Distinguished faculty members, known for their research and expertise, guide students through various academic pursuits, ensuring a high-quality educational environment. Seoul National University’s diverse and dynamic campus community further enhances the learning experience, offering cultural exchanges and collaborative projects. Graduates of the Economics program will be well-prepared to contribute to economic development and policy-making, driven by a deep understanding of economic mechanisms and societal needs. With strong ties to industry and government agencies, the program also promotes employment opportunities post-graduation, supporting students in launching successful careers in economics, research, consulting, and related fields. Through its comprehensive curriculum and vibrant academic environment, Seoul National University’s Bachelor of Economics program aspires to develop future leaders equipped with innovative thinking, ethical values, and a commitment to societal progress.

• Studies in Applied Econometrics
• Studies in Macroeconomics
• Studies in International Economics
• Studies in Labor Economics
• Studies on Economic Transition and Economic systems
• Topics in Applied Microeconomics
• Topics in Development Economics
• Studies in the Theory of Money and Finance
• Studies in International Monetary Economics
• Studies in Statistics for Economists
• Studies in Comparative Economic History
• Topics in Economic History
• Topics in Money and Finance
• Studies in Methodology of Economics
• Topics in Macroeconomics
• Topics in Econometrics
• Studies in Corporate Organization and Growth
• Topics in Industrial Organization
• Studies in Applied Financial Economics
• Studies in Korean Economic History
• Studies in Applied Macroeconomics
• Studies in Microeconomics
• Topics in Microeconomics
• Topics in Economic History
• Analysis of Public Policies
• Topics in Public Economics
• Studies in Industrial Organization
• Topics in Mathematical Financial Economics
• Studies in Behavioral Economics
• Reading and Research

1. Online
   application
2. Either
   proof
   of
   Korean
   or
   English
   proficiency
   is
   required;
   
   
   
   
   1)
   Korean
   Proficiency:
   TOPIK
   level
   3
   or
   higher
   
   
   
   
   2)
   English
   Proficiency:
   TOEFL
   (PBT
   550,
   CBT
   213,
   iBT
   80),
   TEPS
   551, IELTS
   5.5
   or
   higher
   
   
   
   3)
   Other
   official
   documents
   indicating
   proof
   of
   language
   proficiency (ie.
   SNU
   Korean
   Language
   Center
   Level
   4
   or
   higher)
3. Personal
   Statement
   and
   Study
   Plan
4. Letter
   of
   Recommendation
5. Counselor
   Reference
   
6. Official
   High
   School
   Transcript
   and
   Graduation
   Certificate
7. A
   Copy
   of
   the
   Applicant’s
   Passport
8. Certificate
   of
   Facts
   concerning
   the
   Entry
   and
   Exit
9. Portfolio,
   Records
   of
   Achievement,
   etc.
10. Agreement
    for
    Verification
    of
    Academic
    Record

If you wish to apply for the scholarship program, please fill out the scholarship application form every semester. Application period:

• During November(1st semester)
• During May(2nd semester)

International Student Scholarship

• GPA requirement: 3.0 GPA or higher (average of the previous semester)
• Funding: Tuition and fees (partial or fully funded)
• Eligibility: International student in the government-funded (government-invited) scholarship, international student

  (self-funded), Korean student living overseas and studying in Korea (undergraduate and graduate course)

Lecture/Research Scholarship

• GPA requirement: 3.3 GPA or higher (average of the previous semester; excluding new students)
• Eligibility: Graduate student recommended by the advising professor; an annual income of less than KRW 12 million
• Working condition: 10 or more hours a week (40 hours/month)
• Responsibility: Assist the lectures by the professor, general electives and research; help students with their course; manage assignments; manage laboratory; fulfill administrative duties for the undergraduate course, etc.
• Funding: Current student: Fully funded tuition and fees and monthly scholarship;

  Research student: Monthly scholarship

• Termination: If on leave of absence, disciplinary action or determined to be unqualified for other reasons

Core TA Scholarship

• Eligibility: Returning graduate student and research student
• Funding: Type A – Tuition (partially funded) and monthly research aid / Type B  – Half of the monthly research aid
• Duration: 1st semester : March – August (6 months) /

  2nd semester: September – February of the following year (6 months)

• Responsibility: Attend the assigned lecture; supervise discussion; check assignments; focus on Laboratory

  sessions/Experiment/Practice courses; assist practice, etc.

SNU Foundation Scholarship

• GPA requirement: 3.3 GPA or higher (average of the previous semester)
• Funding: Tuition and fees (partially or fully funded)
• Feature: Scholarship funded by some 200 funds created by Seoul National University Foundation

The following is the scholarship programs offered for graduate applicants. Students may apply for the programs before or during the admission application period. The annual announcement will be posted on this websitehttp://en.snu.ac.kr/apply/info.

Graduate Scholarship for Excellent Foreign Students (GSFS)

Eligibility

• Asian students, excluding Japanese and Chinese nationals, who wish to study one of the designated graduate programs
  * The programs eligible for this scholarship are subject to change, and different by applicants’ nationalities. The eligible programs list is announced every semester.

Number of Recipients

• Approximately 20

Subsidies

• Tuition fee: full tuition exemption for a maximum of 4 semesters
• Living expenses: 500,000 KRW per month (different according to recipients’ majors)

Application Period

• During admission period for international students every semester

Selection Procedure

• Applicants who submit admission application to SNU’s Office of Admissions ⇒ applicants submit scholarship application to SNU’s Office of International Affairs ⇒ Selection made by respective Colleges/Schools based on the admission documents ⇒ decision noticed

Contact

• SNU staff in charge: 82-2-880-2519, intlscholarship@snu.ac.kr

Silk-Road Scholarship

Eligibility

• Applicants from the countries in the ‘Silk-Road’ area who want to study humanities or social sciences, including Korean language, history, culture, politics, and economics

Number of Recipients

• About 5 new graduate students

Subsidies

• Tuition fee: full tuition fee exemption for a maximum of 4 semesters
• Living expenses: maximum of 600,000 KRW per month for 4 semesters
• Airfare: maximum of 1 million KRW for one economy round trip
• Korean language training fee: fee exemption at the Language Education Institute

Application Period

• During admission period for international students every Fall semester

Selection Procedure

• Applicants who submit admission application to SNU’s Office of Admissions ⇒ applicants submit scholarship application to SNU’s Office of International Affairs ⇒ Selection made by respective Colleges/Schools based on the admission documents ⇒ decision noticed

Contact

• SNU staff in charge: 82-2-880-2519, intlscholarship@snu.ac.kr

Overseas Koreans Scholarship

Eligibility

• Overseas Korean students who wish to take graduate degrees at SNU

Subsidies

• Full tuition exemption
• Living expenses: 800,000 KRW per month for 4 semesters
• Insurance fees: approximately 30,000 per month
• Settlement expenses aid upon initial arrival: 500,000 KRW (one-time payment)
• Airfare for one economy round trip
• Language training expenses: for 2 semesters

Application Period

• March and September

Selection Procedure

• Applicants submit applications to Korean embassies in their countries ⇒ the embassies make the first selection ⇒ the Overseas Koreans Foundation make the second selection

Contact

• SNU staff in charge: 82-2-880-2519, intlscholarship@snu.ac.kr

Korean Government Scholarship Program (KGSP)

Eligibility

• International students applying for SNU’s graduate programs

Number of Recipients

• 325

Subsidies

• Full tuition fee: tuition exemption for 4 semesters for master’s program and 6 semesters for Ph. D program
• Living expenses: 900,000 KRW per month
• Airfare: one economy round trip
• Korean language training fee: for one year
  * Korean language training is mandatory and when the student does not achieve TOPIK grade 3 within a year, she/he is not eligible to enter the degree program
• Others: medical insurance, research fund, thesis printing fees, settlement and returning expenses

Application Period

• February

Selection Procedure

※ Applicants choose one of the following application methods.

• University Recommendation Program: applicants submit applications to SNU’s Office of Admission ⇒ the National Institute for International Education make the selection
• Embassy Recommendation Program: applications submit applications to Korean Embassies in their countries ⇒ the National Institute for International Education make the selection

Contact

• SNU staff in charge: 82-2-880-6971, sck590@snu.ac.kr

The Economics undergraduate program at Seoul National University is a comprehensive and rigorous curriculum designed to provide students with a solid foundation in economic theories, quantitative methods, and real-world applications. The program aims to develop students' analytical and critical thinking skills, enabling them to understand complex economic issues at both national and global levels. Throughout the course of study, students are exposed to a wide range of topics, including microeconomics, macroeconomics, econometrics, public finance, international economics, and development economics. The curriculum emphasizes the importance of empirical research and data analysis, equipping students with the necessary skills to interpret economic data and apply statistical tools effectively.

Seoul National University’s Economics program places a strong emphasis on research and practical experiences. Students have access to advanced laboratories, databases, and research seminars led by renowned faculty members. The program encourages participation in internships, conferences, and collaborative projects with government agencies, private sector firms, and international organizations. Such experiences aim to prepare students for diverse career paths in academia, public policy, finance, consulting, and international development.

Graduates of the program are well-prepared to pursue further studies in economics or related fields at graduate schools both in South Korea and abroad. The university’s robust academic network and reputation facilitate placement in competitive master's and doctoral programs. Additionally, alumni often find employment in government ministries, central banks, financial institutions, research institutes, and multinational corporations. The Economics program at Seoul National University also cultivates a global perspective, incorporating international economic issues and promoting multilingual proficiency, particularly in English, to ensure students can operate effectively in international contexts.

The faculty involved in the program includes leading scholars whose research covers a wide array of economic disciplines. They are committed to providing personalized mentorship and fostering an inquiry-based learning environment. The university's state-of-the-art facilities and academic resources support students throughout their educational journey. Overall, the Economics undergraduate program at Seoul National University strives to cultivate skilled professionals who can contribute meaningfully to economic policy, research, and industry both domestically and internationally.