Economics

Study mode:On campus Study type:Full-time Languages: English Korean
Foreign:$ 2.35 k / Semester(s) Deadline: Feb 1, 2025
60 place StudyQA ranking:8512 Duration:4 semestrs

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Research areas in Economics broadly include microeconomics, macroeconomics, international economic theory, economic history, and econometrics. More specifically, research subjects studied by economists include: industrial organizational theory, game theory, finance, public economics, financial economics, labor economics, contract economics, information economics, monetary theory, economic development theory, international trade theory, international finance theory, technology economics, economic development and strategy, industrial economics, economics of catch-up, transitional economy and economic system, history of Korean economy, history of Western economy, history of economics thoughts, economic statistics, and econometrics.

As professionals who exhibit proficiency and competence in economical logic and analysis, graduates of our Department have been successful in various sectors. Considerable number of graduates has successfully lead careers in academia, international organizations, and domestic and international research institutions. Our graduates have also successfully taken on roles in public sectors including the Executive and Judiciary branches, Central Bank of Korea, as well as private sectors.

  • 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

Want to improve your English level for admission?
Prepare for the program requirements with English Online by the British Council.

  • Flexible study schedule
  • Experienced teachers
  • Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

British Council

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
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