Booyoung Group Supports Changshin University Financially and Through Industry-Academia Cooperation... Contributing to Overcoming the Crisis of Regional Universities

Amid the growing crisis of regional universities facing extinction, Booyoung Group announced on the 25th that it is providing students with opportunities for on-site training, internships, and employment connections through an industry-academia cooperation program with Changshin University in Changwon, Gyeongsangnam-do.

Changsindae Campus / Photo by Booyoung Group

Changshin University boasts the highest employment rate among four-year universities in the Busan, Ulsan, and Gyeongnam (Boo-Ul-Gyeong) region. Reflecting student preferences and future labor market trends, the university is strengthening its competitiveness by increasing or newly establishing department quotas.

Booyoung Group has played a significant role in this, participating as a financial contributor since 2019. The group selects all freshmen as 'Ujeong (宇庭) Scholars' and fully covers their tuition fees for one year. As a result, Changshin University achieved a 100% freshman enrollment rate last year and this year.

In fact, some voices emphasize the role of corporations as a solution to the crisis of regional universities facing extinction. Corporations can help stabilize the management of regional universities through financial support. Companies can contribute to the operation and development of regional universities through donations, sponsorships, and scholarship support, and the case of Booyoung Group and Changshin University is regarded as an ideal model.

Corporations can also assist in strengthening the research capabilities of regional universities. According to the 'National University Research Activity Survey' conducted by the National Research Foundation of Korea, Changshin University, backed financially by Booyoung Group, ranked first in research performance per full-time faculty member from 2020 to 2021. Last year, it ranked second in the number of published papers, approximately twice the average number per full-time faculty member at four-year universities in the Gyeongnam region.

A Booyoung Group official said about the symbiotic relationship between corporations and regional universities, "Regional universities can overcome the extinction crisis and nurture outstanding talent, while corporations can fulfill their social responsibilities and promote regional community development."

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