[Training and Internship] 2019 KFB - AJOU Banking and Finance Scholarship Program, South Korea

Since its foundation in 1928, the Korea Federation of Banks (KFB) has represented financial institutions conducting banking and related business in Korea, serving as the voice of Korea’s banking industry. KFB’s main role is to improve competitiveness and value of the banking industry.

In order to support its members’ efforts to strengthen their global presence and contribute to the development of the Korean banking industry, the KFB has committed to strengthen international cooperation with its counterparts and related organizations throughout the world.

In the recent years, the KFB has established close relationship with financial authorities and regulators of other countries. As a port of such effort, the KFB have entered into MOUs with foreign banking associations and implemented various activities through the MOUs, such as personal visits, seminars, training programs, and information change. Also, KFB is assisting Korean banks to expand their overseas business and strengthen global presence.

Especially, on November 11th, 2016, the KFB held “Banking Conference” in Phnom Penh, the capital of Cambodia. In the conference, KFB has signed a MOU with the President Pung Kheav Se of the Association of Banks in Cambodia to establish a closer relationship. The MOU will be a steppingstone for building a joint venture channel for cooperation between two countries.

The KFB plans to strengthen global cooperation with Cambodia to assist domestic banks in overseas markets. Korea Federation of Banks is now planning to begin the third batch of KFB-AJOU Program

The objectives of this course and the program aims are:

To secure a pool of future international experts needed by Cambodian banks, with a view of encouraging their active participation and providing them with a meaningful role in banking and finance.
To enhance the competency for ultimately promoting banking and finance industry
To educate students on banking and finance along with information technology hereto employed by Korean banks at Cambodia

Benefit:
Estimated Budget for 9 weeks in Korea

Tuition 6,198 USD : 100% Scholarship
Accommodation 600 USD : 100% Scholarship
Living Expenses 1,200 USD : Participant

Requirement:

Be a citizen of Cambodia.
Have completed Bachelor’s Degree or be a prospective graduate from university.
Complete the whole program (9 weeks of studies and 12 weeks of internship).
Have a good command of both spoken and written English in order to take classes conducted entirely in English and to be able to write academic reports in English.
Be in good health, both physically and mentally. Pregnancy, HIV / AIDS, tuberculosis or any kinds of contagious diseases are regarded as a disqualifying condition for the program.

Required Document:

All documents should be sent to AJOU GSIS office directly.

Graduate School of International Studies, Ajou University Form 1: Application Form (Type in English and Print out, Hand writing is not acceptable)
One recommendation letter from your professor or office (Form 2)
Graduate School of International Studies, Ajou University Form 3: Curricular Vitae
Personal Statement and Study Plan (Type in English and print out, hand writing is not acceptable) Topic : Why are you interested in this program? Write about your future career plans after completing this program.
Diploma/graduation certificate and Transcript
* For prospective graduates, diploma or graduation certificate can be replaced by official letters issued by the university.
A Copy of the Applicant's Passport (Please check the expired date.)
Certificate proving English Proficiency (if applicable): Please submit a score report of a recognized English Proficiency Test such as TOEFL , TEPS, IELTS or any other supporting documents which demonstrate appropriate English language proficiency.