[Special Feature] "Experience various things and dream various dreams" <Professor Oh Jong-Min/Finance>
From the second semester of 2019 to this year, We appointed 5 new professors. SKK Business School has been toughened education & searching ability, which is our core value, through appointing good teachers. We talk about our new family's main researching, major and future plans. First, let us introduce 'Professor Oh Jong Min, Finance part'.
Q1. Hello, Professor. Nice to meet you! Please introduce yourself.
Hello. My name is Oh Jong Min, and I had been worked in SKK Business School finance part since last-second semester. Differentiate from other professors, I think I have an unusual career. First, I studied law in an undergraduate degree. And after graduating from university, I started my first career in Korea Bank, which is our country's central bank, not in legal circles. It's a bit unusual.
While I worked on Korea Bank with a sense of duty to contribute to the monetary credit policy and financial stability of our country, I had got an academic passion for 'Finance', so I quit my job and entered a Business Ph.D course in USA. And after getting a Doctor degree I worked as an assistant professor in the University of Central Florida Business School and came back to SKKU last summer. I think I've had a turbulent 30s.
Q2. Could you introduce your major and why did you choose your major?
My major is Finance. The finance part is consists of Asset Pricing, Investment and Corporate Finance. Asset pricing or investment theory is an area that individual investors are concerned with how stocks, bonds, derivatives, etc. are priced, and how a variety of financial instruments are designed based on this basis. Corporate finance is an area that deals with a variety of corporate decisions, from a financial perspective, including how to raise capital in the capital markets of stocks and bond markets, and how much to invest in and how much to return to shareholders based on that.
Despite my law degree, I was able to earn my Ph.D. in finance, which requires a lot of math and become a professor because of my first job. The first place I was assigned by the Bank of Korea was ‘The Risk Analysis Team of the Financial Stability Analysis Agency’. The team is responsible for checking the stability of the financial system across the national economy by monitoring the risks of financial institutions. Of course, I needed to know about risk management of the financial institution and also know about the whole thing across ‘finance’. But as a law major, I don’t have any knowledge about it, so I feel hard to adopt my team.
At that time, one of my team managers taught me with a risk management textbook every lunch break and finally I can acquire The Financial Risk Manager (FRM) certification which is internationally recognized. As I got to know more and more, I realized that it was a very interesting study, and finally I changed my major, went to study abroad and came here today.
Q3. Please tell us how you feel about starting anew here and how you plan for the future?
First, It’s a great honor to be a professor at Sungkyunkwan University, which has a great history. My impression that I came to Korea after a semester while teaching in the U.S. is that Korean university students have great talent and passion that can be presented anywhere. I’ll try to teach and support them with all of my experiences and knowledge so that students can freely spread their dreams in society, even in a wider world stage, after graduation.
Q4. Could you introduce your class?
Currently, I teach Finance Management in 1st semester and Investment Theory in 2nd semester. Of course, I teach Finance Management this semester. From this class, students can learn very basic concepts to understand finance It feels boring for them, but once they study hard about it, they will get basic concepts that should assist their job after graduation. Through this class, I will try to teach our students the basis for understanding and looking at current situations from a critical point of view when they read our daily life newspapers or major overseas newspapers such as Wall Street Journal and the New York Times, instead of simply focusing on memorizing theories and scoring scores.
Q5. What is your future researching plan?
I’ve been focused on the impact of intangible assets such as corporate social responsibility, technological innovation, and intellectual property rights on corporate value. In the 21st century, intangible assets such as land, building are increasingly taking up more and more of the company’s total assets rather than tangible assets, and this trend will intensify in the future. So I decided it is important to study corporate investment on intangible assets and the resulting changes in corporate value, and I intend to continue to study related areas.
Q6. What is the ideal image of the educator?
I think a good educator can effectively communicate knowledge to students and also can share useful experiences of life. First, students who paid an expensive fee for classes is a special customer of school, so we must provide a clear and useful lecture that satisfying students. In today’s world of Internet development, students can easily learn the knowledge they want for free(or at a small cost) Therefore, an ideal educator has a duty to make students feeling academic fulfillment at the end of the semester, not just let them fulfill credits. As a professor, I believe that students will show their passion if I teach them passionately whole class time. This is the first virtue of an ideal educator.
As a senior, Ideal educator not just communicate knowledge to students, but also share and advise about their career. They need mentors who tell that there are so many ways to reach their dreams and give them practical and helpful advice.
If I could have been more proactive in asking professors for advice when I was a college student, I would have made life choices more comfortable. Fortunately, here SKKU is so many professors who resembled that ideal image. Our professors always ready to give useful advice for students’ s career. If you have any concerns about your career of life, regardless of your major or class or specs, I hope you can knock on the door of the professors, including me, without hesitation.
Q7. Is there any comment to SKK Business School students?
These days, it’s getting harder for students to get a job. So, because they spend all their time and energy building up so-called “specs” for getting a job while they’re in school, I think they don’t have enough time to make serious consideration and reflection on what they really want and want to be. They can’t afford to think more seriously about their career, such as the fact that there are many ways to be successful and what’s the right way for them in various ways. Now the age of 100, Life is long for us. Also, their many different ways to achieve success.
Therefore, if you have the passion to challenge something new, it’s never too late to try it out and decide your way. Your current major in college is by no means determining your future life. If you have the courage and energy to learn new things, you will be able to build and learn many experiences and live a meaningful life. The most important thing is passion. Various experiences in a long life will be your big assets if you can just devote your passion to everything, whether it’s playing, studying, or hobby. I have no doubt that if you decide on the path that you will go crazy for more than 10 years, you will grow faster than anyone else.
Experience various things! Dream various dreams! That’s a true privilege of a college student. If you’re passionate about every moment, you’ll see yourself standing high at some point. I sincerely support your passion!