In the financial sector, following Seoul National University and Korea University, and more than Yonsei University and Sungkyunkwan University...
14 CEOs in top 500 companies, 7th in nation, 1st in non-Seoul area
[Oct 4, 2013]
The power of YU alumni was once again demonstrated. According to a recent report, YU alumni once again rushed to senior positions of large conglomerates and finance companies.
According to a corporate management performance evaluation company, 'CEO Score' (CEO Park, Ju Geun) on the 2nd, of the 118 senior executives of 44 finance companies from the 4 major financial holding companies as of September, 9 of them were from YU, ranking third following Seoul National University (23) and Korea University (16). The highest number was in Shinhan that had 6, followed by two in Hana and one in Woori. This is more than the 7 from Yonsei university and 6 from Sungkyunkwan university. Furthermore, they account for 1/3 of all senior executives who graduated from non-Seoul universities, which is at 27.
The number of YU alumni serving as CEOs from the top 500 companies in terms of sales was also considerable.
According to a report by CEO Score on July 24, the 668 current CEOs (as of July 15, 2013) of the top 500 domestic companies in terms of consolidated sales of 2012 was separated into owner-managers (142) and management specialists (526). After checking all of their backgrounds such as age, years of work, place of birth and education, it was found that YU and Pusan National University alumni had 14 each, which is the largest number for non-Seoul area universities. This is seventh place following Seoul National University, Korea University, Yonsei University, Hanyang University, Sungkyunkwan University, and Hankuk University of Foreign Studies.
The age of the executives who are YU alumni are mostly in the 50s and 60s. This is of the same period when YU offered huge benefits such as 4 year scholarships, living and textbook expenses to attract talented individuals in the 1970s.
An official from the economic sector said, "Many students who could not go to Seoul National University because of their financial situation despite being very talented went to YU." and added, "YU alumni is already known as power alumni in the public sector."
The power of YU alumni is also expected to manifest in the legal sector as well.
According to a report on the average employment rate of graduates of 25 law schools nationwide who passed their bar exam and completed a 6 month training period by the Korean Association of Law Schools on the 30th of last month, the first batch of graduates from the YU Law School recorded an employment rate of 90.9% with 40 of 44 graduates, thus being seventh place nationwide and first place for law schools outside of the Seoul area.
Upon examining the full-time job employment rate through the health insurance DB, YU exceeded the average employment rate for law schools nationwide that was at 84.04%, and YU was the only law school outside of Seoul that had 90% or higher employment rates, thus being shoulder to shoulder with the top law schools of the nation.
The law schools that had full-time job employment rates of 90% or higher were Seoul National University (96.4%), Sungkyunkwan University (94.8%), Chungang University (94.3%), Yonsei University (92.9%), Ewha Womans University (92.7%), Korea University (91.8%), Yeungnam University (90.9%) and Hanyang University (90.8%) for a total of 8 schools.
