Traditionally, university has been seen as a source of social mobility in South Korea. Its students rank among the top performers in mathematics, science and reading literacy, according to the OECD's Programme for International Student Assessment (PISA). Yet despite the country's highly educated labour force, young Koreans are growing disgruntled with low starting salaries and insufficiently attractive job opportunities. For a country with a youth divided from the older generation around politics - especially evident at the last presidential election - a bleak outlook in the labour market is an ominous portent.
At this event we will discuss if something has gone wrong with the education system in Korea or if the problem sits with the job market. Will the current state of affairs result in a national re-evaluation of the importance of a university degree, or spur a further brain drain? And how are businesses impacted by the current conditions faced by young professionals?
We will bring together educators to comment on what they are witnessing first-hand in university classrooms, as well as representatives from some of the top companies in Seoul to discuss how businesses can contribute to preparing professionals beyond traditional education with in-house remedial training.