KOICA – KAIST Master Scholarships for Developing Countries

The
Korea International Cooperation Agency (KOICA) & Korea Advanced Institute
of Science and Technology (KAIST) is inviting applicants for its master
scholarship. The scholarship is available for applicants from developing
countries.

The
aim of the scholarship is to share Korea’s experience in financial and capital
market growth and spread Korean culture to developing countries.

The
Korea International Cooperation Agency was established by the South Korean
Ministry of Foreign Affairs and Trade as a governmental organization for
Official Development Assistance (ODA) to enhance the effectiveness of South
Korea’s grant aid programs for developing countries by implementing the
government’s grant aid and technical cooperation programs.

Course
Level: Scholarships
are available to pursue master’s programme.

Study
Subject: Scholarships
are awarded in the field of economics, trade, women’s empowerment, rural
development and finance.

Scholarship
Award:
Scholarship will cover the following:

The
dorm rooms are designed for double occupancy only.
Each
person is provided with a desk, a bed and a wardrobe.

Number
of Scholarships:
Not known

Scholarship
can be taken in South
Korea

Eligibility: The following
criteria must be met in order for applicants to be eligible for the
scholarship:

Must
have a bachelor degree.
GPA
3.3 / 4.3 preferred.
Business,
Natural Science and Computer Science majors (e.g. Economics, Mathematics,
Statistics, Business, Engineering, etc.) with quantitative and statistics
education/training are strongly recommended.
Not
a Citizen of Korea.
Government
Officials-Minimum of 3 years in Ministry of Finance and Central / State
Bank experience preferred.
Private
sector employees are not eligible

Nationality:
Applicants
from developing countries are eligible to apply for the scholarship.

College
Admission Requirement

Entrance
Requirements: Applicants must have a bachelor degree.

English
Language Requirements:

Applicants
must meet one of the English proficiency test minimum score requirements:
TOEFL iBT 83, TOEFL PBT 560, TOEFL CBT 220, IELTS 6.5, TEPS 599, TOEIC 720
or higher.
English
proficiency tests should have been taken within two years from the
deadline of the online application (valid test date: starting from April
18, 2015).
Institutional
Testing Program (ITP) is not valid.
EPT
report submission can be waived only for those who apply from a country
where EPT is not available. In this case, applicants are required to
submit an official letter from the minister or governor of one’s
affiliation guaranteeing one’s English proficiency equivalent to the
required scores listed.

How
to Apply: Applicants
can apply via post:

Prepare
all required documents for your admission package and fill out the
‘Document Checklist’. Check whether all information is correct.
Submit
the application package (including both KAIST and KOICA application forms
and other required documents) to the regional KOICA office or Korean
Embassy (if KOICA office is unavailable) by the submission date (February
28).
Scanned
copies are acceptable but original copies should be sent to KAIST before
the interviews. Applicants who submit the scanned copies should send the
original copies to KAIST personally. KOICA and university do not pay
postage costs for late submission of original copies.