Chung-Ang University signed a memorandum of understanding (MOU) with the Korea Credit Guarantee Fund (Kodit) outlining joint initiatives to nurture financial talent and support startups, the university said Tuesday.

As part of the MOU — formalized Monday at the university's Seoul campus in Dongjak District, southern Seoul — an academic course on political finance will be introduced within the College of Business and Economics, along with special lectures led by industry experts.

The university also plans to work with financial companies to offer tailored sessions addressing students’ interests to enhance their employment prospects.


Through this partnership, the two partners will strive to create a supportive environment for students to establish their own companies and create a foundation that could lead to successful startups.

Following the establishment of the first industry school cluster in partnership with Kodit in Seoul, the university aims to create a vibrant startup ecosystem that encompasses academic collaboration and networking opportunities in the future.

“The startup potential at Chung-Ang University, combined with the research and educational framework of the College of Business and Administration, and Kodit's strategic platform for supporting startups, have come together,” said Park Sang-gue, the president of the university. “We anticipate that this collaboration will yield significant synergies for both institutions.”


BY WOO JI-WON [woo.jiwon@joongang.co.kr]