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South Korea

Study MBA in South Korea 2024

Study in South Korea

What Type of Business Studies Programs Are Available in South Korea?

Students, including international students, can enroll in a variety of programs in South Korea. The country has a variety of university-level schools that international students can apply to. T

There are a range of programs available to students in these areas. This includes both traditional MBA programs and Executive MBA programs. Some students enroll in undergraduate education as well, to earn a bachelor's degree. Most bachelor's degree programs take three to five years to complete whereas MBA programs are complied within one or two years. This differs based on the course of student and the types of classes students take. Programs in international business, finance, management, and administration are popular among international students.

How Much Does It Cost to Enroll in Business Studies Programs in South Korea?

South Korean schools are available to international students, but at a significantly higher price than schools for domestic students. The costs tend to be significantly more affordable than most European, US, and other western countries. Students will learn more about costs upon applying, since this differs from one school to the next, and between programs. Most often, students will need to apply and gain admittance into the school before making travel arrangements. The universities work through immigration services to facilitate this process.

What Are the Options After Graduating from Business Studies Programs in South Korea?

Students who successfully earn their MBA are often valuable in many of the country's businesses. Though many more domestic students are enrolled in higher education today than in years past, there is still a gap for well-qualified professionals. There are often opportunities for graduates in many of the large companies that dominate Seoul's economy and business sector, including in technology, finance, and global business positions, which tend to be most in demand.

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Basic monthly living cost

  • Rent in a shared flat

  • Share of utilities

  • Internet subscription

  • Local transportation


Sample lifestyle cost

  • Fast food combo

  • Cinema ticket

  • Pint of local beer


About South Korea

South Korea provides many benefits to international students. The country, located in East Asia on the Korean Peninsula, is home to about 50 million people. About half of those live in the metro area surrounding Seoul, making it the second largest metro region in the world. The country has a long history that dates back to the Paleolithic period. Nevertheless, the country has become quite modern in the last decades, driven by a variety of technology companies. For those who are studying business, South Korea can be the ideal place to do so internationally for all of these reasons.

Visa Requirements

  1. D-2: Visa for Regular Educational Programme. This visa is for any student enrolling in a Bachelor's, Master's, or Ph. D program at a junior college, university, or graduate school.
  2. D-4: Visa for General Training. This visa is for any person attending a university-run language school, a qualified educational institute, or any other institute other than an academic research institute.

What type of Visa do you need?

Visa name

D-2; D-4

Price and currency

EUR 50

Both of the visa applications charge a fee of around 30-50 EUR. A multiple entry visa is more expensive than a single entry visa. The visa fees vary according to your country of residence and are subject to change. The citizens of some countries (for example, Germany) may not need to pay the visa application fee.

Who can apply for the visa?

All international students will need to apply for a student visa to study in South Korea.

Where can you make the application?

embassy or consulate of the Republic of Korea

All international students residing outside Korea will need to apply for a student visa at the embassy or consulate of the Republic of Korea. You must apply for the visa in person at your home country’s Korean embassy.


How to make the application?

To study abroad in Korea, you will need to acquire a visa before entering the country. The process is not difficult, but it is important to have all the necessary documentation. Your university may assist you in the visa process, so ask your international office what your next steps are in acquiring a visa after you have been admitted. You will usually need to provide the following:

  • An application form
  • Passport
  • Photocopy of passport
  • A color photo (3.5 x 4.5 cm)
  • A copy of the Business Registration Certificate of Korean university
  • Acceptance letter from the Korean university
  • Proof of finances that cover the living costs for your semester in Korea
  • A recommendation letter from your home university
  • A document proving you have completed one or more semesters at your home university (i.e. transcript of records)
  • Chinese students may need to provide an overview of their family history

You will also apply for an Alien Residence Card once in Korea. The card will enable you to make trips abroad during your semester in Korea. The host university will help you get the Card after you’ve arrived.

Please note that according to the official guidance of Hankuk University of Foreign Studies, you have to leave Korea within 1 week of the semester’s ending date, otherwise you’ll be heavily fined by the Korean Immigration.

When should you apply?

Apply for your student visa immediately after receiving your official acceptance letter from Korea.

The student visa to Korea can be valid for up to two years.

Processing time

Work opportunities

D-2 and D-4 visa holder students can engage in a part-time job as long as it is allowed by the educational institution. However, in most cases, you need to stay for 6 months in Korea before you are allowed to work. After 6 months you must ask your university for a letter giving you permission to work part-time. For legal purposes, the student must get a license from an immigration office to be legally considered as a part-timer.

Hours per week


Why do you need this type of visa?

Your visa application may be rejected if you are not able to show proof of the required funds, or if you provide incorrect or incomplete documents.