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KAIST

KAIST (originally the Korea Advanced Institute of Science and Technology) is a national research university located in Daedeok Innopolis, Daejeon, South Korea. KAIST was established by the Korean government in 1971 as the nation's first public, research-oriented science and engineering institution. KAIST has been internationally accredited in business education, and hosts the Secretariat of the Association of Asia-Pacific Business Schools (AAPBS). KAIST has 10,504 full-time students and 1,342 faculty researchers (as of the Fall 2019 Semester) and had a total budget of US$765 million in 2013, of which US$459 million was from research contracts.

In 2007, KAIST partnered with international institutions and adopted dual degree programs for its students. Its partner institutions include the Technical University of Denmark, Carnegie Mellon University, the Georgia Institute of Technology, Technische Universität Berlin, and the Technical University of Munich.

The institute was founded in 1971 as the Korea Advanced Institute of Science (KAIS) by a loan of US$6 million (US$38 million 2019) from the United States Agency for International Development (USAID) and supported by President Park Chung-Hee. The institute's academic scheme was mainly designed by Frederick E. Terman, then vice president of Stanford University, and Dr. KunMo Chung, a professor at the Polytechnic Institute of Brooklyn. The institute's two main functions were to train advanced scientists and engineers and develop a structure of graduate education in the country. Research studies had begun by 1973 and undergraduates studied for bachelor's degrees by 1984.

In 1981, the government merged the Korean Advanced Institute of Science and the Korea Institute of Science and Technology (KIST) to form the Korea Advanced Institute of Science and Technology, or KAIST, under the leadership of physics professor Choochon Lee. Due to differing research philosophies, KIST and KAIST split in 1989. In the same year KAIST and the Korea Institute of Technology (KIT) combined and moved from Seoul to the Daedeok Science Town in Daejeon. The first act of President Suh upon his inauguration in July 2006 was to lay out the KAIST Development Plan. The ‘KAIST Development Five-Year Plan’ was finalized on February 5, 2007, by KAIST Steering Committee. The goals of KAIST set by Suh were to become one of the best science and technology universities in the world, and to become one of the top-10 universities by 2011. In January 2008, the university dropped its full name, Korea Advanced Institute of Science and Technology, and changed its official name to only KAIST.

Admission to KAIST is based on overall grades, grades on math and science courses, recommendation letters from teachers, study plan, personal statements, and other data, and does not rely on a standardized test conducted by the university. In 2014, the acceptance rate for local students was 14.9%, and for international students at 13.2%.

Full scholarships are given to all students including international students in the bachelor, master and doctorate courses. Doctoral students are given military-exemption benefits from South Korea's compulsory military service. Up to 80% of courses taught in KAIST are conducted in English.

Undergraduate students can join the school through an “open major system” that allows students to take classes for three terms and then choose a discipline that suits their aptitude, and undergraduates are allowed to change their major anytime. KAIST has also produced many doctorates through the integrated master's and doctoral program and early-completion system. Students must publish papers in internationally renowned academic journals for graduation.

KAIST produced 69,388 alumni from 1975 to 2021, with 19,457 bachelor's, 35,513 master's, and 14,418 doctorate degree holders. As of Spring 2021, 10,793 students were enrolled in KAIST with 3,605 bachelor's, 3,069 master's, 1,354 joint M.S.-Ph.D.'s, and 2,765 doctoral students. More than 70 percent of KAIST undergraduates come from specialized science high schools. 817 international students from 81 countries are studying at KAIST (as of spring semester 2021), making it one of the most ethnically diverse universities in the country.

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