South Korea, officially the Republic of Korea, is a sovereign country located in the southern part of the Korean Peninsula. The name "Korea" is derived from Goryeo, a dynasty which ruled in the Middle Ages. South Korea is now a liberal democracy and an economic powerhouse. The most prestigious comprehensive universities are Seoul National University, Korea Advanced Institute of Science and Technology, Yonsei University and Korea University.

A Bachelor of Business Administration (BBA) degree is awarded to students who complete a four full-time year course study at a university. The subjects of concentration studied for this degree are related to the world of commerce and business.