Calling All College and Graduate Students: Share Your Vision for Management Innovation in Korea!
The 2024 Korea Management Consulting & Institute’s Business Innovation Competition is here, and we’re calling on all university and graduate students to share their groundbreaking ideas for the future of management in Korea. This is your chance to make a real impact, inspiring change and shaping the future of Korean business.
Don’t miss this opportunity to:
- Showcase your innovative ideas to leading industry professionals and academics.
- Compete for prestigious awards and generous scholarships.
- Gain valuable exposure and recognition for your work.
- Network with potential employers and mentors.
Ready to make your mark? Here’s everything you need to know:
■ Eligibility
This competition welcomes:
- Undergraduate and graduate students (including those on leave of absence) from Korea and abroad.
- Individuals or teams of up to 6 members.
■ Themes
This year’s competition focuses on uncovering innovative solutions across four key themes:
■ Important Notes
- Participants retain full copyright and intellectual property rights to their submissions.
- Winners grant the organizers the right to use their submissions for promotional purposes, including reproduction, distribution, and publication.
- All submissions must be original and unpublished. Plagiarism or the use of previously published work will result in disqualification.
- Participants are solely responsible for any copyright infringement or disputes arising from the materials used in their submissions.
■ Prizes and Benefits
The competition offers exciting prizes and benefits, including:
- Grand Prize (1 team): KRW 7 million scholarship and a plaque.
- First Prize (2 teams): KRW 5 million scholarship each and a plaque.
- Second Prize (3 teams): KRW 2 million scholarship each and a plaque.
- Honorable Mention (12 teams): KRW 500,000 scholarship each and a certificate.
Benefits for all winners:
- Preferential treatment during the application process for Korea Management Association Consulting (KMAC), including a guaranteed document screening pass.
- Opportunity to present your winning ideas at an academic seminar.
■ Schedule
Mark your calendars for these important dates:
- Application Period: Open until September 27, 2024 (Friday), 18:00 KST.
- Submission Deadline: October 25, 2024 (Friday), 18:00 KST.
- First Round (Document Screening) Results Announcement: November 5, 2024 (Tuesday).
- Second Round (Presentation) for First Round Qualifiers: November 8 (Friday) – 9 (Saturday), 2024.
- Final Results Announcement: November 15, 2024 (Friday).
- Award Ceremony: December 3, 2024 (Tuesday).
Please note that the schedule is subject to change due to unforeseen circumstances.
■ Evaluation Criteria
Submissions will be evaluated based on the following criteria:
First Round (Document Screening):
- Analytical Skills (20%)
- Logic (20%)
- Creativity (30%)
- Feasibility (30%)
Second Round (Presentation):
- Analytical Skills (20%)
- Logic (20%)
- Creativity (30%)
- Feasibility (20%)
- Presentation Skills (10%)
■ How to Apply
Ready to share your innovative ideas? Here’s how to apply:
- Online Application: Submit your application online through the KMAC competition website.
- Submission of Research Paper: Email your research paper to [email protected] (File name: Team name or individual name).
Required Documents:
- Report: Submit your research paper in HWP or MS Word format, within 20-30 A4 pages. Submissions exceeding 30 pages will be disqualified.
- Pledge of Agreement: Include a signed copy of the Pledge of Agreement.
Please submit all documents (research paper and pledge) in a single compressed file.
■ Contact Information
For any questions or inquiries, please contact:
- KMAC Management Innovation Competition Organizing Committee
- Tel: +82-2-3786-0158
- Email: [email protected]
- Competition Cafe: https://cafe.naver.com/futureconsultant
