KDB Industrial Bank-KAIST 'Join Hands' to Introduce Korea's First MBA-Linked Internship Program

KAIST MBA Students Support Growth at Startup Invested by KDB
Startup Secures Top Talent, MBA Students Gain Opportunity to Foster Entrepreneurial Spirit

[Image source=Yonhap News]

[Asia Economy Reporter Jin-ho Kim] KDB Industrial Bank and KAIST College of Business announced on the 3rd that they will operate the 'KDB·KAIST MBA Startup Internship Program,' which connects MBA students with promising startups invested in by the Industrial Bank.

This program aims to provide startups with opportunities to utilize talent, while offering participating students field experience to understand the startup ecosystem and foster entrepreneurial spirit. Notably, it is the first startup internship program in Korea targeting outstanding talents currently enrolled in MBA courses.

Four startups invested in by the Industrial Bank have hired a total of eight interns, and the program is being conducted over two months during the summer semester (June 21 to August 31).

The program was designed to accommodate corporate demands such as selected fields (strategic planning, marketing, big data, etc.) and detailed majors through a preliminary survey conducted with startups. During the operation, MBA students review startup introduction materials and can apply to multiple companies, while startups follow their own recruitment criteria and procedures rather than matching or assignment, aiming to increase satisfaction.

The internship period can be extended through mutual agreement between startups and interns, and in the future, the Industrial Bank and KAIST College of Business plan to formalize and continuously operate this internship program.

GenesisLab, an AI interview solution company participating in the first program, stated, “MBA interns are conducting growth path analysis of leading companies to derive business expansion strategies in the deep learning interview field,” adding, “Since we are creating synergy by utilizing the interns’ expertise in strategic planning and their past entrepreneurial experience, the activation of startup support programs is urgently needed.”

The Industrial Bank stated, “The introduction of this program is significant in that it allows us to provide a differentiated non-financial service called ‘opportunities to utilize outstanding talent’ to startups for the first time in Korea.”

This content was produced with the assistance of AI translation services.