Developmental Process of CAU’s Disciplinary Units for Nurturing Financial Leaders
CAU established the Department of Economics and two other departments (the Department of Literature, the Department of Early Childhood Eduction) in 1945 when it founded Chung-Ang Junior Women’s College. This was later upgraded to Chung-Ang Women’s College which had the School of Commerce and Economics. The Department of Commerce and the Department of Economics under the School of Commerce and Economics separately recruited and selected their students. In 1948 when the college became a full-fledged higher institution in the name of Chung-Ang University, it started to recruit both male and female students. CAU held the first commencement ceremony in 1950, in which it conferred a bachelor’s degree on its students. Back then, 49 CAU female students-including 8 students with a degree in commerce and 11 students with a degree in economics-received a bachelor’s degree. They were the first female students who earned the bachelor’s degree in Korea.
CAU, after it became a comprehensive university with a four-year curriculum in 1953, newly established 8 departments, including the Department of Economics and the Department of Commerce, in its Master’s degree program. CAU went the extra mile by adding the Department of Business Administration to the School of Commerce and Economics for the first time in Korea in 1955. Afterwards, CAU also added the Department of Statistics, which contributed hugely to making today’s College of Business & Economics possible.
Introductory video of CAU’s Global Finance Concentration Program
CAU continues to advance its disciplinary units through the diversification of academic programs in an effort to create a strong pool of talent in the financial sector. To that end, CAU newly established the Global Finance Concentration Program under the School of Business Administration, the College of Business & Economics in 2011 to further produce talented people, so-called ‘Premier Leaguers,’ in the financial field. CAU’s Global Finance Concentration Program enables its students to acquire in-depth academic knowledge and practical business skills necessary to become a financial leader in the future. In addition, this program provides well-organized education tailored to students who strive to become a financial leader, where it recommends those who chose ‘Financial Specialist Track’ to obtain the Chartered Financial Analyst (CFA) certification while those who chose ‘Finance and Accounting Specialist Track’ to earn the Certified Public Accountant (CPA) certification and the American Institute of CPAs (AICPA). As witnessed through its huge popularity among those who aim to work in the financial industry due to the strong and coordinated curriculum, CAU’s Global Finance Concentration Program has had highly competitive admission every year.