언더우드 UIC 편집 · The company started its business by first providing loans to the upper...
Transcript of 언더우드 UIC 편집 · The company started its business by first providing loans to the upper...
t a b l e o f c o n t e n t s
1 U n d e r w o o d I n t e r n a t i o n a l C o l l e g e
2 D e l e g a t i o n
3 P r o g r a m
6 C o m p a n y V i s i t s
16 S t u d e n t R e f l e c t i o n s
Underwood International College The 3rd Global Career Tour 2009: London 1
Underwood international College
Underwood International College is a highly selective four-year college that serves as an intimate, elite
setting within the larger institution of Yonsei University. UIC takes its name from Yonsei’s founding
Underwood family to acknowledge its origins as the first modern institution of higher learning in Korea.
All instruction is conducted in English to facilitate and enhance multicultural and multinational
perspectives on campus. The college is open to students of all nationalities, and is devoted to educating
future global leaders and responsible democratic citizens. UIC boasts an innovative curriculum that seeks a
balance between a rigorous liberal arts foundation and diverse, often interdisciplinary, majors.
UIC is a vibrant, truly multinational, yet uniquely East Asian community. The academic curriculum, extra
curricular programs, and student organizations all capitalize on UIC’s distinctive location at the crossroads of
East Asia. UIC brings these pioneering students together with faculty who are committed to creating the best
institution of higher learning in East Asia, and share an enthusiasm for providing an innovative and rigorous
curriculum.
UIC students will be encouraged to take advantage of interdisciplinary majors and a unique Korean Studies
minor. They will also have opportunities to study abroad through close partnerships with peer institutions in
China, Japan, and other East Asian countries.
The Global Career Tour is a program for UIC students who aspire to become Global Leaders. For the
1st Global Career Tour, students went to Tokyo and Hong Kong, while the second tour took them to New
York City. In the 3rd Global Career Tour, select student delegates travelled to London where they visited
various multinational institutions.
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D e L E G A T I O N
Professor & Staff
Professor Doowon Lee Associate Dean, Underwood International College
Kim Gyu Hyun T.A., School of Economics
Students Park Yejin Junior Economics Shu He Junior Economics Sung Seungyoon Junior Life Science and Biotechnology Lee Sun Kyung Sophomore International Studies Jung Eun Bi Sophomore International Studies Yang Kuan Sophomore Economics Kim So Youn Sophomore Economics Choi Soohyun Sophomore Economics Kim Soo Ji Sophomore Economics Ahn Hye Sung Freshman Undecided Nam Jin Young Freshman Undecided Jeon Yu Jin Freshman Undecided Kim Jeong Hyun Freshman Undecided Lim Hae Min Freshman Undecided Yoon Hye Jun Freshman Undecided
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p r o g r a m
THE 3rd GLOBAL CAREER TOUR 2009: London
About the Tour Global Career Tour 2009: London is the program for UIC students who aspire to become Global Leaders. Selected student delegates will explore London, where they will visit various multinational institutions. The Tour will also organize special lectures by renowned professors and local experts to give students a valuable perspective on Europe markets and global careers.
11:00
Arrive at Incheon International Airport 13:10 ~ 16:20 Seoul – London
Depart for London Flight Number: KE907
Duration: 12 hours 10 minutes Hotel: Britannia International Hotel
163 Marsh Wall, London, E14 9SJ, UK Tel: 44 20 7712 0100 Fax: 44 20 7537 1938 Website: htt://www.britanniahotels.com/hotel_home.asp?Page=103
09:30 – 12:30 International Financial Services London (IFSL)
Address: 29-30 Cornhill, London EC3V 3NF Tel: 44 20 7213 9121 Fax: 44 20 7213 9130 Website: http://www.ifsl.org.uk
09:30 – 10:15 The role of London as a global financial center Patrick Lamb, Deputy Chief Executive
10:15 – 11:00 London’s response to the current financial crisis
Duncan Mckenzie, Director of Economics 11:00 – 11:15 Coffee Break 11:15 – 11:45 PPP’s and Korea Richard Normington, Senior Manager 11:45 – 12:30 Presentation on Trade Policy and progress on an EU’Korea Free Trade Agreement
Emma Carswell-Engle, Trade Policy Section 12:30 Lunch at IFSL
TUESDAY: FEBRUARY 24th London
WEDNESDAY: FEBRUARY 25th London
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14:00 – 15:00 The Prudential Insurance Company
Host: James Wilcox Address: Laurence Pountney Hill, London, EC4R 0HH Tel: 44 20 7220 7588 Website: http://www.prudential.co.uk
18:30 Dinner
Host: Jae Ho Kang, UK Alumni Association of Yonsei University
10:00 – 11:00 Standard Chartered Bank
Host: Sir.Thomas Harris Address: 1 Basinghall Avenue, London, EC2V 5DD Tel: 44 (0)20 7885 7475 Fax: 44 (0)20 7885 1475 Website: http://www.standardchartered.com
15:00 – 16:30 McKinsey & Company (www.mckinsey.com)
Host: Andrew Macmillan & Jules Seely Address: No 1. Jermyn Street, London, SW1Y 4 UH Tel: 44 (0)207 961 5244 Contact: Samantha Marchant (Email: [email protected]) Yoonah Park (Tel :82-2-398-2690)
09:00 – 10:00 The London Stock Exchange (http://www.londonstockexchange.com)
Host: Darko Hajdukovic International Product Manager Primary Markets Address: 10 Paternoster Square, London EC4M 7LS Tel: 44 (0)207 797 3306
11:00 – 12:00 Meeting with UK Government Department (UK Trade and Investment)
Host: Claire Hobson Address: Kingsgate House, 66-74 Victoria Street, London, SW1E 6SW Tel: 44 (0)20 7215 8000 Website: http://www.uktradeinvest.gov.uk
12:00 – 13:00 Briefing by the City of London Corporation
Host: Peter Sissons, Head of International Affairs Address: Guidhall, London, EC2V 5AE Tel: 44 (0)20 7332 1020 Fax: 44 (0)20 7332 3616 Website: http://www.cityoflondon.gov.uk/corporation
14:00 – Hong Kong and Shanghai Banking Corporation
Host: Mr.Stephen Young Address: GMO International Team, HSBC, Level 41, 8 Canada Square, Canary Wharf, London, E15 5HQ Tel: Point of contact: Shaleen Moore, Personal Assistant, 44 (0)207 991 4778 Website: http://www.hsbc.co.uk
FRIDAY: FEBRUARY 27th London
THURSDAY: FEBRUARY 26th London
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20:05 – London - Seoul
Depart for Seoul Flight number: KE 908 Duration: 10 hours 55 minutes
16:00 Arrival at Seoul
SUNDAY: MARCH 1st Seoul
SATURDAY: FEBRUARY 28th London
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c o m p a n y v i s i t s IFSL • Prudential insurance • Standard chartered bank • McKinsey & Company •
London Stock Exchange • UK Trade and Investment • HSBC
IFSL industry: finance
International Financial Services, London, usually shortened to just IFSL, is a private-sector organization,
which promotes British financial services. IFSL is an independent, not-for-profit membership organization
with 40 years’ experience of promoting the UK-based financial services industry throughout the world.
Through its Liberalization of Trade In Services (LOTIS) Committee, IFSL brings together government and
the industry to work for the removal of barriers to trade in financial services. Its chairman, as of August 2005,
is Lord Levene of Portsoken. Its president is HRH the Duke of Kent.
Professor Lee is delivering the present at the end of presentation, IFLS
Mr. Patrick Lamb, Mr. Duncan Mckenszie, Mr. Richard Normington, and Ms. Emma Carswell-Engle
welcomed UIC students and explained many roles and values of IFSL. IFSL shows particular expertise in
three sectors: research, international markets, and trade policy.
*Research
IFSL is a leading provider of analysis and statistics on UK-based financial services. Its reports raise
awareness of London and the UK's role in international financial markets. The reports by IFSL have a huge
influence on government’s decision and are frequently cited by scholars and companies.
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*International Markets
IFSL's International Group connects
the UK's financial services expertise to
international clients and markets, thereby
creating business opportunities for our
members.
*Trade Policy
IFSL works for greater liberalization of
trade in financial services. We represent
the industry in international negotiations
and make the case for market reform
worldwide.
IFSL has a membership drawn from
across the spectrum of the UK's financial
and related business services, including
trade and professional associations,
exchanges, the Bank of England, the City
of London Corporation and leading
international financial service companies
that are based in London. IFSL also works
closely with Government departments,
including UK Trade & Investment, the
Department of Trade and Industry, HM
Treasury, and the Office for National
Statistics.
From the lecture, UIC students got to
know London’s central role in the global
financial market better and how it exceeds
that of New York in many areas. In fact,
London has been ranked as the number
one global financial market last year.
Lecture at the IFSL conference roomMr.Patrick Lamb and Mr.Duncan Mckenszie from IFSL
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IFSL grounds its roots on anti-protectionism, and focuses on promoting international trade while
emphasizing the interdependent relationship between countries. The priority markets, namely China, India,
The Gulf, Russia and the United States, according to IFSL, are the main concern of London’s outward trading
strategy.
IFSL also introduced the basic idea of PPP (Public Private Partnership). PPP has its advantage as a long
term partnership, which helps avoid political cycles. With its ability to terminate the contract, it keeps many
conflicts away from happening. IFSL’s PPP work is world renowned. IFSL works with overseas Governments
(at Central, Regional and Municipal level) that are wishing to learn more of the UK’s expertise in Public
Private Partnerships. IFSL is currently working with dozens of governments around the world in addition to
making contacts, organizing events, and providing information on PPP in the UK and elsewhere. IFSL acts as
a gateway to UK expertise within UK government and the private sector. The PPP Group’s members include
leading private sector experts in the banking, legal, advisory, accounting and risk management fields together
with government bodies such as Partnerships UK, National Audit Office, HM Treasury and the Department
of Health.
Prudential Insurance industry: financE
Based in UK and established in 1848, Prudential is now one of the most eminent international retail
financial services company with 21 million customers, policyholders, and unit holders located across the U.S,
the U.K, and Asia. It manages personal banking, insurance, pensions, retail investments, international fund
management, and property investments. Mr. James Wilcox gave UIC students a detailed presentation on
Prudential’s history, operations, and its place after the global financial crisis.
The company started its business by first providing loans to the upper middle class, such as professionals
and working people. After successfully establishing its operations in UK, it underwent rapid expansions out
of the company such as India, Malaysia, and Hong Kong in 1923. Currently Prudential is the largest insurer
in Asia, present in countries such as Taiwan, Japan, Singapore, and Korea. Mr. Wilcox also introduced some
of the interesting pasts of Prudential: one third of the demised people during the Second World War and one
fifth of the passengers in Titanic were insured by Prudential.
The cause for the current financial crisis, how insurers are to prepare, and prudential’s role in helping
insurers were further explained by Mr. Wilcox. He saw the failure of macroeconomics across the globe during
the past 10 to 20 years as the main cause for our economic difficulties. The impact of China and the large
debts of Western countries were also mentioned in describing such. He also gave tips on asset management
for insurers – the importance of calculating risk and taking inflation into account. Prudential strives to help
its customers to do so by providing various financial services.
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Standard Chartered Bank industry: financE
Standard Chartered Bank, which is well known in Korea
for acquiring Korea First Bank, aims to be the world’s best
international bank, leading the way in Asia, Africa, and the
Middle East. The company has its headquarters in London,
but owns no retail banks in England. It was impressive for
UIC students to see the many SC branches in regions other
than the UK, but the speaker, admitted that operating in
Asia, Africa, and the Middle East was challenging due to
governmental regulations and lower saving rate. He
advised that simpler regulatory systems will attract more
foreign direct investment in Korea. Nevertheless, SC’s
profits are on the rise. Its performance was not affected by
the current financial crisis, due to careful risk management
under the single regulatory system of London, maintaining
its focus on private banking, and doing relatively less
investment in the US and European regions. Specifically,
SC’s consumer banking area has over 14 million customers
and this also includes SME (Small and Medium
Enterprises) customers. The wholesale banking area, based
on a relation driven model to corporate and institution
clients, is growing at fast speed.
The speaker also mentioned some of the achievements
SC made in 2007 including the acquisition of American
Exchange Bank and ownership of a Chinese local bank.
Acquisitions are mostly concentrated in Asia. As
mentioned, Korea First Bank, a big Korean bank but small
international bank, was acquired by Standard Chartered in
2005. The speaker explained how acquisitions are made in
similar ways in other Asian countries as well. He also
emphasized the good geographic coverage SC bank retains
which grants the firm a diverse revenue source.
From the Info session by Sir Thomas Harris, SC Bank
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As a global financial institution, its unique donations to society were notable. Committed to the long-term
development of the communities which it operates, SC Bank sponsors a wide range of event.
One example is a campaign called “Seeing is Believing,” where SC collaborates with International Agency
for Prevention of Blindness to help prevent avoidable blindness in countries around the world. An
advertisement of Standard Chartered Bank in Korea specifically featured this campaign to create an amicable
brand image.
As any other firm, SC looks to hire talented people and starts by providing internship programs. It
recruits interns into a variety of business functions across a range of countries and the number of interns it
recruits varies from country to country. Intern applicants can only apply for one country. However, if one
holds work permits for a number of countries, it may consider your application for another country if one is
not successful in his or her first country of choice. SC looks at application as a whole and it selects candidates
for interview based on a number of criteria.
The characters that SC looks for involve consistent academic performance and evidence of specific
strengths one have demonstrated through his or her interests, extracurricular activities and other life
experiences. SC is also interested in applicants’ motivations, and what interests them about a career in
banking, their chosen business/function and, of course, SC itself.
McKinsey & Company industry: consulting
McKinsey & Company is a globally renowned consulting firm, founded in 1926. UIC students visited the
Company on the third day of the journey, and were received with a wholehearted welcome by several
business analyst and associates including Mr. Jules Seeley, Mr. Andrew Macmillan, Ms. Hannah Lodge, and
Ms. Alice Wookwark. Students actively participated during the brief by raising questions about Mckinsey and
its roles in the business world.
McKinsey is a management consulting firm that advises companies in conducting their business. People
from McKinsey help their clients to deliver best results based on acquired experiences as a global company.
Their goal is “to help leaders make distinctive, lasting, and substantial improvements in performance, and
constantly build a great firm that attracts, develops, excites and retains exceptional people.”
What makes McKinsey unique from other companies is its “global-ness.” There are about 80 offices in more
than 40 countries around the world. Not only are they global, but they also handle a wide range of issues, from
chemicals to climate change. Its workers are also from diverse backgrounds, from physicists to surgeons. Under
a strong sense of “collaboration,” McKinsey, as a global company, strives to fulfill its goal today.
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Throughout the session, McKinsey emphasized its
ability to nurture talented people into experts in
diverse fields. Many UIC students showed interest in
the Business Analyst program, a two-year structured
development-focused program, aiming to train
inexperienced fresh employees with undergraduate
degree. The Selectees will work in consultant teams for
two years, and after two years they are given choices of
further working for Mckinsey, studying for an MBA
program, or to work in other sectors. Mckinsey
continuously strives to develop the talents of its BAs by
providing programs such as Business Analyst
Accelerator, Basic Consulting Readiness and BA
Fridays, where the members would learn and interact
with more experienced McKinsey workers. UIC
students were able to learn about the many advantages
of working at McKinsey; it provides a variety of
opportunities, an international environment, sincere
coaching and support, and flexibility of work.
In general, UIC students showed enthusiasm
towards the recruitment process of McKinsey.
Questions concerning the recruitment process were
most frequently asked. The BA’s of Mckinsey
emphasized on problem-solving and interpersonal
abilities as paramount qualities to be chosen as a
member of the Company. McKinsey’s process of
recruitment includes interviews where the two
qualities are measured; the majors and backgrounds of
the candidates do not matter for recruitment. The BA’s
were also happy to share their personal experiences
and how their lives operate at McKinsey, which helped
the students to gain a clearer sense of what it means to
become a consultant.
From the McKinsey & Company info session
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London Stock Exchange industry: financE
Founded in 1801, the London Stock Exchange is the primary stock exchange in the U.K, and the most
international of all the world’s stock exchanges, with 3,118 foreign companies from over 60 countries listed to
trading on its markets. UIC students had the opportunity to visit LSE which is located at the heart of the City
of London. An hour-long session was prepared by Mr. Darko Hajdukovic to inform our students about LSE
and how it operates.
(In front of London Stock Exchange Group company) Participants: Shu-He Yang Kuan
Yoon Hyejun, Ahn Hyesung, Kim Jeonghyun, Lim Haemin, Kim Soyoun, Sung Seungyoon, Lee Sunkyung Kim Sooji, Jeon Yujin, Choi Soohyun, Nam Jinyoung, Jung Eunbi, Professor Doowon Lee
Markets, trading services, market data information, and derivatives lie in the core of LSE’s business. With
more than 28,000 companies listed in their markets, LSE provides the platform for firms to raise capital
through trading services in four primary markets: the Main Market, AIM, the Professional Securities Market
and the Specialist Fund Market. The speaker explained how for firms the listing on LSE itself can sometimes
be as important as raising capital. Listing can help firms gain profile and credibility, since certain regulatory
standards should be met before listing. LSE offers efficient trading in a wide range of securities. TradElect,
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the latest trading system, has enabled both the capacity and the speed of trading to increase. Over 600,000
trades are executed daily at LSE and each trade is completed in 6 milliseconds.
LSE also supplies market data information, and constantly invests on their data applications for the “high
quality, real-time and historical prices, news, and other financial data information.”
The derivatives business is another focus of LSE. The company’s international derivatives exchange, EDX
London brings the cash equity and derivatives market closer together. Its goal is to become “the world’s most
efficient and liquid market for equity derivatives.”
During the session, UIC students raised questions on the global financial crisis and its impact on LSE.
Despite the reduced volume of trading, the speaker expressed confidence in LSE’s performance in ensuring
investors’ values as well as its presence in the international market.
In response to students’ requests to learn more about the working environment, the speaker
demonstrated how the work can be demanding (take into account the magnitude of money that is at stake
within a matter of seconds – the work can never be relaxing) but nevertheless vibrant and invigorating.
LSE is constantly searching for determined and talented individuals. Applications are mostly done online.
The website https://lse.skillstream.co.uk/jobs/index.htm provides specified job descriptions. Although most
requirements involve experience and knowledge in business and trade, LSE also stresses the importance of
having the ability to build good client relationships and stay calm under pressure.
The recruitment process is similar to that of many other companies: after resume screening, interviews,
ability tests, and occupation personality questionnaires are held. Depending on the position, attending an
assessment center or preparing presentations/reports may be required as well.
UK Trade and Investment industry: government
Formed in 1997, UK Trade and Investment (UKTI) is an international organization employing 2,300 staff
and advisors, and was created by the UK government to help UK-based companies to succeed in the global
economy by providing knowledge, advice, and practical support. By helping to make companies more
competitive through trade and investment, UKTI aims to attract high levels of further quality foreign direct
investment.
UKTI provides useful information for foreign firms based in the UK. Companies that have just started
Underwood International College The 3rd Global Career Tour 2009: London 14
their business can receive help with research, building key contacts, choosing firm locations, setting up the
new office, and growing the business internationally. For firms attempting to expand their existing
businesses, UKTI helps to find new business opportunities, selecting a new UK location, growing the industry
networks, trading overseas, and setting up European headquarters.
Unfortunately, the main speaker for the visit to UKTI, Mr. Peter Sissons, was unable to lecture the UIC
students due to an unexpected circumstance. However, meanwhile waiting, Ms. Claire Hobson gave a brief
information session on the UKTI’s priority markets - China, India, Russia, the US, and the Gulf – and
stressed the growing importance of UKTI-Korea interactions. Although the organization leans more towards
aiding UK-based companies to increase their performance in outward trade (promoting services) and attract
more investment, Ms. Hobson mentioned that UKTI also helps Korean companies with UK offices to enter
and succeed in the UK and other markets.
HSBC (Hong Kong and Shanghai Banking Corporation) industry: finance
The 3rd Global Career Tour 2009: London participants at the HSBC lobby
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Headquartered in London, HSBC is one of the largest banking and financial services organizations in the
world. HSBC's international network comprises around 9,500 offices in 86 countries and territories in
Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With listings on the London, Hong
Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around
200,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock
Exchange in the form of American Depositary Receipts.
The HSBC Group has an international pedigree which is unique. Many of its principal companies opened
for business over a century ago and they have a history which is rich in variety and achievement. It is named
after its founding member, The Hong Kong and Shanghai Banking Corporation Limited, which was
established in 1865 to finance the growing trade between China and Europe.
Through an international network linked by advanced technology, including a rapidly growing e-
commerce capability, HSBC provides a comprehensive range of financial services: personal financial services;
commercial banking; corporate, investment banking and markets; private banking; and other activities. It
has 315,000 employees and over 125 million customers around the world.
HSBC’s strategy was very interesting as it is aligned with trends that will shape the global economy:
Emerging markets growing faster than rich countries; world trade growing faster than GDP; Longevity
increasing virtually everywhere. Moreover, HSBC’s strategic direction is to be the ‘World’s local bank’,
combining the largest global emerging markets banking business and a uniquely multinational customer
base with an extensive international network and substantial financial strength.
HSBC also has a strategy to attract the best people who will become highly talented future leaders. This
strategy has been actualized into a special program called Management Associate Program (MAP) which is
targeted towards talented people. Through MAP, HSBC strives to build a pool of future leaders who will meet
the immediate and long-term business challenges. MAP is designed to provide the selected Management
Associates (MAs) with well-rounded development opportunities which offer a broad range of experiences
across diverse business areas. It is a 12-month structured training program which offers a wide range of
exposure in specialized businesses. In addition to that, HSBC Korea offers a Summer Internship Program,
which provides an opportunity to experience the realities of a truly globalized bank at first hand. To learn
more about the program and about HSBC in Korea, visit www.hsbc.co.kr
Skills wanted from HSBC are similar to that of many other companies: passion, innovative, interpersonal
skills and language skills (English/Spanish/Chinese/Cantonese) to work across different boundaries of
sectors as well as countries.
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s t u d e n t r e f l e c t i o n s
By ye jin park Junior at Underwood International College
Global Leadership. This has become the ultimate goal for every individual,
firm, institution and nation in our current era. On the personal level, many strive
to become a global leader, while larger entities acknowledge the importance of
global leadership in our society – firms try their best to attract as many talented
persons as possible to gain their lead in the global market, educational
institutions are busy training the next generation of future leaders, and countries compete to retain global
leaders since such equates to national growth and prosperity. To have such high aspirations is simple, but to
achieve is a completely different matter. In this aspect, the 3rd London Global Career Tour was a meaningful
experience in that it enabled me to closely observe the work of today’s global leaders.
Through visiting several companies across different sectors, I recognized a pattern in which I believe is
the driving force for such firms to exercise global leadership: Passion, Presence, and Preparation.
I was impressed with the amount of passion all firms held for their businesses, and once again realized
that knowing is not enough to be successful. Only those who truly have their hearts in what they do can excel
in their fields and gain respect from the world. This came as especially true when we visited Mckinsey &
Company. The four business analysts and two associates showed great enthusiasm in explaining their lives at
Mckinsey – how intriguing the work experiences are, how the working environment is supportive with each
of their life styles, and how Mckinsey has led them to grow in many different aspects. Both of the associates
had returned to Mckinsey after finishing their MBA programs despite the many job opportunities they were
exposed to. They had chosen to come back to Mckinsey, and I realized that such passion was what had built
Mckinsey to become what it is today.
Presence was another quality that all the representatives of each firm had. They were on a frequency that
was distinctive and unique which I believe is crucial in conducting successful businesses. People to people
relationships are what lie in the core of all businesses, and thus having a charismatic yet amicable presence is
an essential. I was especially impressed with Sir Thomas Harris, who guided us through the history and
operations of Standard Chartered Bank. He spoke with impact, and I realized his presence came from the
confidence he had in his abilities.
Lastly, preparation was what the firms had in common. The companies we visited in London were those
who had foundations strong enough to survive through the turmoil that the global financial crisis had
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brought. They were the true leaders in this sense, and it was a great privilege to closely interact with them. I
learned how personal preparation is also important to lead a successful career. Mr. Stephen Young, from
HSBC bank had empowered himself with strong linguistic capabilities (he was fluent in English, Cantonese,
and Mandarin) which gave him a competitive advantage in the globalized business world.
The 3rd London Global Career Tour was a true stimulus. It forced me to think about how I should prepare
myself for the near future, what industry I would be willing to excel in, and in which location I would be eager
to start my career. I gained a broader prospective by seeing the numerous opportunities the world offers, and
realized that pursuing a career limited to one country would be foolish. Through passion and thorough
preparation for the future, I hope one day I would have the presence to lead on an international basis. Finally,
I thank Underwood International College and Professor Doo won Lee for granting such an inspiring
experience, and encourages UIC students to take advantage of the many good opportunities our department
provides, including the Global Career Tour.
By Hye sung ahn Freshman at Underwood International College
As an individual, this trip was a great opportunity to learn more specifically
about potential jobs, especially those available in the financial areas. Every
company had its interest and values, which to some I was attracted and some not.
Visiting numerous internationally renowned companies isn’t an opportunity that
comes so often, so I always tried to be active in each session.
I especially liked McKinsey, because it seems to possess the cozy working atmosphere and tight bonding
among colleagues, qualities that I consider vital in choosing working environment. Other companies were
very interesting as well, especially in government-related organizations, but as a foreigner, it was a pity that I
had no opportunity to work in such field.
It’s hard to pinpoint what I exactly learned from this journey, for they are very subtle. But I know for sure
that I have widened myself for broader job opportunities from this Career Tour.
By soo hyun choi Sophomore at Underwood International College
What I have earned from the 3rd UIC Global Career Tour to London is motivation
which had been missing during my recent college life. In Seoul, while I was occupied
with school work, I had a vague outlook of my career and sometimes felt that I lost
purpose and direction. But breathing in the air of London, the world center of
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business, finance, and culture, gave me perspective and vision.
We visited various corporations and institutions including International Financial Services London,
Prudential Insurance, McKinsey, HSBC, Standard Chartered, London Stock Exchange etc. Everyone at these
institutions greeted us warmly and welcomed our questions. It was fresh and inspiring to meet people who
had found their calling and excelling in their field of work. Many of my inquiries towards the world of career
were answered, which is very different from student life that I have become accustomed to. Building my
profile and acquiring my own unique set of assets seemed the most important in recruiting and the rest of my
college life will be dedicated to this.
By yeo jin jeon Freshman at Underwood International College
During the visit to financial institutions such as ISFL, Standard Chartered Bank
and McKinsey, I appreciated how the representatives were well prepared: they often
had effective PPT presentations, question and answer time, and of course, coffee and
cookies. But the most important thing I learned from such visits was the passion of
the representatives or employees of the institutions. I sensed most of them had graduated college with
towering GPA since they stressed how important it was to get high scores, but I knew it was also about their
strong passion for their field. When each of them spoke to us about what his/her company – what it does,
how it functions, etc. – I could clearly tell that he/she was not just talking about his/her job: it was about
what he/she really cared for, and loved doing.
I was particularly impressed during the meeting with McKinsey and its BA’s. The BA’s all shared their
experience of becoming a part of McKinsey including college life, applying to McKinsey, and. the series of
interviews and tests. I have heard so many rumors about the difficulty and insanity of working at a company
like McKinsey, about how once you get into such company, you have no life. Life would be all about the
company. But during the meeting, I learned that it wasn’t completely true. The BA’s did admit that some
projects would drive them crazy, but McKinsey strove hard to allow its employees to have a more enjoyable
time at work. The BA’s were still able to go shopping, have nights out, and even start their own families.
Overall, the Career Tour was helpful in giving a better idea of what kind of career I would want to pursue.
It gave me first-hand experience with the financial center of the world, the City of London. I could always
afford a trip to London, or other beautiful cities in Europe, but the opportunity to interact and see what it
would be like to be a part of the world of business was absolutely priceless. I feel so lucky that I was able to
have this opportunity.
Underwood International College The 3rd Global Career Tour 2009: London 19
By Eunbi jung Sophomore at Underwood International College
Being the first trip to England, I was impressed by the first scene of London that
I have encountered. First, I was amazed by the sight of the city where the structure
of the old buildings that was more than hundreds of years old and newly built
structures blending with each other so harmoniously that it was almost like a
painting. Also, I was surprised to see such a diversity of people from all different
ethnic backgrounds and origins. The sight really gave me the idea that the place that I am standing is the one
of the largest financial centers in the world.
From this tour, I have gained four things. To begin with, it was very interesting to hear from the
companies in the City of London which is the financial hub of the world about the financial status. Especially
the corporation like Standard Chartered Bank was not as destructively influenced by the turmoil, different
from our perspective. Also it was very informative to have a discussion on the views that the companies
affected by the crisis, HSBS and London Stock Exchange suggested as the possible flow of the market in the
future. Moreover, this tour was a great opportunity for students to build a relationship with people in
different careers. Having the chance to ask questions including personal ones to the hosts really helped us to
feel more comfortable and intimate with them. Particularly, McKinsey and Company was very impressive in
that 6 of the BA(Business Analyst)s were able to participate in the session and give honest and truthful
answers to the questions. Also, we were able to further questions individually through emails even after the
meeting was over. Lastly, we had the dinner meeting with Yonsei alumni in London which made the tour
more special. Therefore, the opportunity to meet with these people was one of the unchangeable experiences
that I have earned.
Third, one of the greatest achievements from this program was the strong motivation to get ready for my
next career. Frankly speaking, the ideas that I had for my future plans after graduation were somewhat vague.
However, now I have a clearer picture on how to prepare for the internship program and accumulate
experiences and to get an occupation in a foreign state. Specifically, HSBS and McKinsey gave rather detailed
information about the programs that graduate students can apply for. Lastly, the cultural experience was one
of the most fun parts of the tour. After our official schedule was over, other students and I went for a
sightseeing tour at Piccadilly Circus and watched Musical including Grease and the Phantom of the Opera.
Also, we managed to visit the Tate Modern Museum where we were able to see some of the renowned works
of Picasso. On the last day, I met with my Korean friend who was staying in London to study language and
went to Camden Town which was famously for the Hippies and vintage shops. Recalling all the unforgettable
moments in London, I strongly believe that the valuable experiences I had really made my winter of 2008
memorable and contributed in my personal growth as a student studying International Studies.
Underwood International College The 3rd Global Career Tour 2009: London 20
By jeong hyun kim freshman at Underwood International College
Looking forward to an exciting and stimulating experience of London, I started my
second global career tour. Starting with International Financial Services London, the
UIC students visited different companies with different hopes and expectations…
After meeting representatives of the companies we visited, I felt the need to find
my own field of interest, and starting sooner will be even better. Many people that we
met told us to enjoy our college life, and I think part of it was to recognize what I would like to pursue for the
rest of my life. Throughout the tour, I was able to gain a very different perception to look at things; it was
almost as if I come back with broader perspective every time I participate in global career tour. Although
both New York, the tour I participated last year, and London were same in a sense that they were
international cities, they had a very distinct atmosphere to themselves, and I was glad that I had the
opportunity to experience both.
By soo ji kim sophomore at Underwood International College
I do not hesitate to say that the London Career Tour is one of the
highlights of my college years. Merely being at the heart of one of the
globe’s financial centers was in itself a memorable experience. The
busy atmosphere of smartly dressed people hurrying to work, building
surfaces with large ticker boards showing the latest performance of
stocks, and every local and subway morning newspaper relaying up-to-date news of the global financial crisis
and the Royal Bank of Scotland’s decision to axe up to 2,300 jobs—the drastic effects of the global financial
crisis felt real, and my blood rushed at the excitement of being at the heart of the world’s spinning events.
Visiting key organizations such as the Standard Chartered Bank and London Stock Exchange further
enhanced my academic and motivational interests. I was able to learn more about the significant roles of
each corporation in managing important global decisions, the working space and interrelationships between
the co-workers, as well as the enthusiasm that each of the lecturers had for their work field. The most
inspirational visit of all was to McKinsey and Company, where six panelists talked freely about their jobs with
such passion and energy that I envied their achievements and solid sense of purpose. The other speakers who
shared their professional knowledge and experiences inspired me to want an exclusive place in my own
sphere of interest.
Most importantly, the educational and visual tour of London had a great influence on my mindset. I
opened my eyes to the big world beyond the immediate setting. As is probably the case for many college
Underwood International College The 3rd Global Career Tour 2009: London 21
students, I found myself tied down to the present and focusing my energy on the typical flow of graduating
university and getting employed in a Korean firm like all of the rest. The experiences in London broadened
my horizons and enabled me to recognize the negative habit of restricting myself to Korea. Indeed, Korea
may be a good place to live, but there are great places out there that offer equally and probably more fulfilling
work experiences, as well as a richer cultural life. London offers antique buildings intricately decorated with
old European architecture, monumental historic sites, and museums with a supremely vast collection of pre-
historic artifacts.
Furthermore, I felt the desire to dream BIG, thrusting aside the pessimism that it was too unrealistic. I
had always felt uneasy whenever my parents or professors encouraged me to try becoming the President’s
advisor, or the CEO of a leading global business. How could an average person like me turn into such a
prominent figure?
Yet, the speakers during the career tour mentioned the importance of passion and giving myself a big
dream. Big people aren’t born big, and we should not be afraid of being ‘unrealistic’. The biggest influence of
the London career tour was to motivate me to come out of the gray box. I will dream confidently in color.
By so youn kim sophomore at Underwood International College
As a junior economics major, I was blessed to participate in UIC’s
3rd Global Career Tour program in London, the hub of world economy,
where 15 UIC students visited various companies and financial
institutions with Professor Doo Won Lee. Amid the global financial
crisis, the atmosphere of the city’s central banking town was less
vibrant, however the 4-day program gave me valuable lessons which I will never forget.
After taking all the prerequisite basic courses for my major, I got more interested in news articles about
world economy. Considering a particular situation where experts from New York and London voice their
opinions about the crisis, I was more than happy to hear from various speakers and lecturers who represent
the company in the career tour program. We visited Standard Chartered bank which is known for acquiring
Korea First Bank a few years ago, London Stock Exchange and Hongkong & Shanghai Banking Corporation.
Unfortunately, these companies focused on its history and financial environment in London rather than the
recruitment process that many UIC students were interested in. Nevertheless, the speakers from each
company were very willing to answer our questions. Thanks to an alumnus of Yonsei, we could also visit
Mckinsey consulting group that pleasantly surprised everyone in terms of company’s virtue and working
environment. Especially, Mckinsey’s session gave me an idea about what consulting firms do and help other
firms or government decide.
Underwood International College The 3rd Global Career Tour 2009: London 22
Overall, I also enjoyed the sightseeing of London during free time. I watched the famous musical “Grease”
at Piccadilly Circus and visited Tate Modern gallery. These cultural experiences enriched me with inspiration
and new ideas. I truly thank Prof. Lee for leading us and fellow UIC students who exchanged plenty of
priceless thoughts with.
By hae min lim freshman at Underwood International College
If I were to pick one word to summarize the tour, I'd choose "inspiring." Firstly, the
actual visits to the companies themselves helped me to see what it would look like if I
were to work in London--especially in companies similar to those we visited. Just by
walking down the streets of Central London, not only did I see how international the
city was, but also I got to feel the "aura" of the Londoners who were supposedly
hurrying to their offices. This tour taught me something that no lecturer, no book, nor any researches could
teach me about my possible future workplace. Before the trip the notion of an "office" only reminded me of a
desk, a chair, and possibly a computer. However, through the trip, I redefined the concept over and over with
the real images of an office with real people working to make changes in the world.
We also could see one of the coolest offices in the world--especially that of HSBC, where I felt as if I
walked in to a science fiction. One shortcoming with that was that now that I looked at what offices could
look like, I wouldn't want work in places lesser than these--which means I would have to work harder in
order to get into those companies. I definitely recommend this tour to those who merely "thought" about
what they'd do in the future, but didn't have a clear picture of what they wanted to do. This trip crossed out
some of the items on my possible job list while adding a few new ones. Overall, what my friends and I said
was, "It's all worth it and even more."
By jin young nam freshman at Underwood International College
London Global Career tour was a trip that truly inspired me. I
enjoyed myself throughout the whole tour and moreover, it was a
chance to look back upon my life and redesign my future. When I
signed up for the tour last December, I simply considered the career
tour to be one through which I can gather information about getting
a job in London, one of the most developed global financial centers.
While I did get such information, the tour was much more than what I had expected. I came to find out what
we cannot learn through simple sightseeing tours.
Underwood International College The 3rd Global Career Tour 2009: London 23
For three days of the trip, we visited two or three companies in London each day. Most of the companies
and banks were located in the City of London—the old financial center of London—and Canary Wharf—the
new financial center of London. Our schedule began on the second day because we arrived too late on the
first day. On the second day, we visited IFSL (International Financial Services London), which was the
company that organized a big part of the tour schedule. There, we had a chance to listen to lectures about the
role of London as a global financial center and the current financial crisis. We also met James Wilcox who is
in charge of international affairs at the Prudential Insurance Company. On the third day, we went to
Standard Chartered Bank and McKinsey & Company. On the fourth day, we visited the London Stock
Exchange and HSBC (Hong Kong and Shanghai Banking Corporation). We also attended a meeting with UK
Government Department and a briefing by the City of London Corporation. For the three days, we not only
had many meetings, all of which were helpful, especially regarding my future career, but also had enough free
time to explore the uniquely dynamic atmosphere of London to the full. On Saturday which was the last day,
we were able to enjoy free time until we had to board the airplane in the evening. The overall impression of
London that I got due to the tour is that it is a combination of old and new, where both leading modern
values and tradition coexists.
Among the various companies, I personally was most impressed by the McKinsey &Company and HSBC.
Both meetings were done in a very welcoming atmosphere and what was more, I could attain practical
information about what it is like to work in London, and why it is fulfilling to work at those companies. While
it was the third time that I visited London, it does seem that this was the most fruitful trip in terms of what I
have learned. Before, I never really imagined myself working in another country, though I did plan to study
abroad after graduation. Now I have come to be more enthusiastic and have a more concrete plan of my
future. Thanks to Underwood International College, I have gained treasurable memories and experiences
with my colleagues.
By shu he junior at Underwood International College
Power of Money
The first impression I ever had in London was that everything is so expensive.
Our first bill was a single way underground ticket, which costs four pounds. That is
roughly ten times the price in Seoul. For the next few days, it is needless to say that
I was deeply intoxicated by the splendid architectures in London, but on the other hand, I was always
shocked by the amazing price level. I guess the cheapest meal in London is a single hamburger, which costs at
least three pounds. I could hardly imagine how I should survive if the housing and food were not sponsored.
Only when you stand within the city will you understand what it means for a city to have a GDP per capital of
over 27,000 pounds.
Underwood International College The 3rd Global Career Tour 2009: London 24
Power of Human
I was fortunate to have a chance to visit many top global institutions, such as International Financial
Services London, Standard Chartered Bank, McKinsey & Company, and HSBC. Through a series of
communication with each of them, the principle of human power was embedded in my mind. Corporations
like IFSL and Prudential Insurance do not have a large scale of working group, but can make the best out of
the few members they have. Others, like HSBC, who owns a frightening skyscraper, may have a bigger size of
manpower, but still emphasize on the importance of human resource. A lecturer from HSBC is from Hong
Kong who can speak four languages. One of McKinsey’s top goals is to “employ the right people”. Thus, it is
very hard to get into any of those institutions. I do, nevertheless, have confidence with UIC students. Because
asides from the high academic level, they also have a strong language advantage.
Power of Architecture
Finally, despite our busy schedule with those institutions, we could not help enjoying the feast of
architecture nurtured in this city in our spare time. Representatives are the Big Ben, St. Paul Cathedral, the
Buckingham Palace, Eye of London, and the London Tower. I guess in terms of architecture, photos are more
illustrative than words. So please see the photos provided by our group, and I hope for those friends who
have not been to London, you will soon in the future have a chance to breath its loveliness.
By sun kyung lee sophomore at Underwood International College
Thinking back to the one-week London Global Career Tour, it was short but filled
with great experience. It was very special ‘tour’ as I was not only in the London, city
with long tradition and history, but also visualizing the leading global financial hub.
Visiting the companies and organizations allowed me to get to know what they do
what talented people they are looking for.
I think visiting financial hub during the financial crisis made our tour more meaningful. Listening how
leading financial companies think about the current issues, what challenges they face, and how they are going
to find the answers. These gave me a think of how interesting time we are in as our generation, who
experienced the financial crisis, is the key people to build up the world as a global leader. These thoughts
encouraged me how to develop myself as a global leader in the future.
Underwood International College The 3rd Global Career Tour 2009: London 25
By yang kuan sophomore at Underwood International College
The London tour was a great experience to me. It is my first time to go to
Europe, and I indeed visualized an industrialized capitalism-based cosmopolitan
with its centre role as a leading global financial hub. Just by seeing London
through the television is far from paying a visit there. When I look back on this
one-week tour, the undergrounds, the road signs, the local people, the street
markets, the buildings—the whole atmosphere generated in my feelings as fresh as new.
The visit to the companies enabled me to get to know those organizations and especially what kind of
people and talent they are seeking for. And with an idea of that, it enlightens my way in the rest of my college
years. And also I deeply realized the fierce competitiveness both from the labor market and within the
companies. That encourages me to improve myself ceaselessly and keep looking forward.
By hye jun yoon freshman at Underwood International College
It has always been vague what I should be doing after graduating. Especially UIC
does not have any graduates yet, so it is hard to find out which path I should be taking
and focusing on. However, in accordance with my hope, I was able to find out specific
information about possible foreign employers in the future. In the career tour, we
visited several renowned banks and consultant companies. Most of the companies
were related to economics, and I major in Political science. So at first, the career tour was irrelevant to my
future career. However, it was one of the greatest chances in my life to find out there are other jobs I could
take into consideration other than being a politician and a diplomat. I got to know what being a consultant
really means through intensive interaction with Mckinsey and Company and now I am seriously thinking of
taking an internship as a consultant. By realizing how tough the job market is both nationally and globally
through this career tour, I was also drastically inspired to do my best in academics and make myself standout
among others. If it wasn’t for the career tour, I wouldn’t have specified my future in detail and put my efforts
on it so far. Even though I just turned sophomore, it had been a great experience and it sure was inspiring.
Underwood International College The 3rd Global Career Tour 2009: London 26
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