Hyundai Management Announces Hanyang University Ranks 4th Among Universities with the Top 100 CEOs in 2020
In order of Seoul National University, Korea University, Yonsei University, Hanyang University… fifth in the Economist announcement
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According to a survey taken on May 20 of 127 CEOs of the top 100 companies in sales by Hyundai Management, a management journal, the number of CEOs from Hanyang University was the fourth largest.
The average age of the top 100 CEOs in Korea is 59. The average length of time a CEO serves in a company is 26.5 years, with it taking 20.7 years to become a CEO. The average year was 23 until 2018, but it decreased to 21.7 last year, and went down another year this year. The average tenure of CEOs is also in decline, with 29.8 years in 2017, 29.6 years in 2018, 27.4 years in 2019, and 26.5 years in 2020.
Hanyang University ranked fourth with 6.3% of the CEOs. Seoul National University ranked highest with 26%, followed by Korea University (15.7%), and Yonsei University (14.2%). Additionally, the commercial economy sector (45.2%) and social sciences sector (6.5%) were higher than the natural sciences and engineering sector (41.1%). Last year’s ratio was also higher in the commercial economy sector than the natural sciences and engineering sector by 9.8%, thus the gap widened. This reflects a trend that businesses are focusing more on management rationalization rather than technology development.
Meanwhile, according to the Economist report on May 25 of 134 CEOs of the top 100 companies, CEOs from Hanyang University were the fifth largest with eight people. Seoul National University ranked first with 21.6%, followed by Korea University (11.9%), and Yonsei University (9%). Sungkyunkwan University ranked fourth with nine people (6.7%), which was a slight increase from the Hyundai Management report (3.8%).
Those in their 50s and 60s accounted for 76.3% of the total. There were 10 people over 70s, and nine people in their 30s~40s, which was smaller than the number of people in over 70s. By major, 32 people graduated from the Department of Business Administration, accounting for a quarter of the total. The total number of graduates of business-related majors such as commercial science and accounting is 37 people.
Global News Team
Translation by: Park Gyeong-min
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