George Mason University Korea (GMUK) has signed a memorandum of understanding with Pacific City Bank, enabling the two parties to develop programs designed to sharpen the economic skills of the bank’s officers. In return, the bank will offer financial sector internship opportunities to GMUK students.
“This important agreement enhances our School of Business here in Korea by providing students with opportunities to gain real-world experience in the private sector,” says GMUK President Steven Lee.
Pacific City Bank President Hye-young Cho says the agreement benefits both GMUK and the bank. “I expect the bright students from GMUK to gain useful experience with us as they move toward successful careers in the business arena. Pacific City Bank will also benefit by more closing associating itself with a university that enjoys a rich tradition of working closely with the business community.”
Mr. Cho will also serve as a member of the GMUK President Advisory Board.
George Mason University Korea currently offers programs of study in global affairs and top majors within the institution’s School of Business, including accounting, finance, management and economics. The School of Business is accredited by the AACSB, an entity that only accredits the top five percent of business schools throughout the world. George Mason University Korea is also the only foreign university in Korea with an AACSB-accredited program, and one of the few among local universities.
Pacific City Bank was launched in California in 2003 to serve the Asian-American market.