Master’s Programs 2011/2012
Sponsored by The Colombo Plan Secretariat & The KDI School of Public Policy and Management, Seoul, Korea
The Colombo Plan for Cooperative Economic and Social Development in Asia and the Pacific  is a unique inter-governmental organization providing development  assistance under the “Planning for Prosperity” motto and the concept of  self-help and mutual help where member countries provide assistance to  one another in socio-economic development.
The Colombo Plan was conceived at the Commonwealth  Conference on Foreign Affairs held in Colombo, Ceylon (now Sri Lanka)  in January 1950 and was established on 1 July 1951 as a cooperative  venture for economic and social advancement of the people of South and  Southeast Asia. It has grown from the founding group of seven  Commonwealth nations – Australia, Britain, Canada, Ceylon, India, New Zealand  and Pakistan, to 25, including non-Commonwealth and countries belonging  to the Association of South-East Asian Nations (ASEAN) and South Asian  Association for Regional Cooperation (SAARC). Current Colombo Plan  member countries are Afghanistan,  Australia, Bangladesh, Bhutan, Fiji, India, Indonesia, Iran, Japan,  Republic of Korea, Lao PDR, Malaysia, Maldives, Mongolia, Myanmar,  Nepal, New Zealand, Pakistan, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand, United States of America and Vietnam.
The KDI School of Public Policy and Management  was established in 1997 with the support of the Korea Development  Institute (KDI), which is Korea’s leading economic think-tank since  1971. The School aims to be a world-class institution by offering  innovative educational programmes for future international  leaders of government and business organizations and equip them with  the latest knowledge to meet the challenges of a globalized world.
The KDI School offers in-depth academic programmes that focus on  real-world development policy and public policy issues and are taught by  experienced faculty comprising experts and professionals in their own  fields. The curriculum is both innovative and comprehensive; it was  designed specifically with the needs of midlevel professionals from the  public and private sectors. Classes use various modern technologies to  maximize efficiency and learning effectiveness.
The Colombo Plan began collaboration with  The KDI School of Public Policy and Management in 2006. It symbolises a  significant milestone in Republic of Korea’s role in Colombo Plan. This  Long Term Scholarship (LTSP) represents ROK’s first assistance  programme for post graduate scholars of the Colombo Plan in the field of  public policy. Since 2006, five batches of 21 Colombo Plan’s scholars  have been trained by The KDI School.
MASTER OF DEVELOPMENT POLICY (MDP)
Based on KDI’s hand-on experience on development policy, the Master of  Development Policy (MDP) program examines various socio-economic issues  in both the theoretical and the practical framework. The program  provides capacity building for international professionals, including  government officials, development consultants and regional specialists  who wish to contribute to development policy making. Additional focus  falls on fostering professionals in the field of Official Development  Assistance (ODA). Students may declare a concentration among 7  concentrations but must take development track courses
MASTER OF PUBLIC POLICY (MPP)
The Master of Public Policy (MPP) program is designed to provide a  global perspective and professional expertise in public policy areas.  The program is highly regarded both in and outside Korea, particularly  among developing nations and government officials. The faculty with  outstanding research backgrounds and empirical knowledge offer a leading  curriculum that integrates theory and practice. Students may declare a  concentration from among 7 concentrations upon completing 39 credits  toward their graduation requirements.
The highly diverse student composition provides a unique educational  environment. Both domestic and international students from all walks of  life, including the government, the media and NGOs are able to share  ideas, knowledge and experiences, and build a dynamic global network.
CONCENTRATIONS FOR MASTER’S PROGRAMS
1. Global Finance and Regulation
The concentration on Global Finance and Regulation aims to help students  understand the theory, the practice, and the policy issues in the areas  of macroeconomics and finance.
Target students include mid-career professionals in finance  ministries, central banks, financial supervisory authorities,  self-regulatory agencies, and others who aspire to work in such  institutions. The rich list of finance courses can also meet the needs  of students from the private sector. Upon completion, students are  expected to have a full understanding of two key agendas in recent G20  summits: global imbalance and international financial regulatory system.
2. Trade and Industrial Policy
In this era of globalization, no country can enjoy economic prosperity  without engaging in international trade. While domestic industries  struggle to adjust themselves in the global market, industrial policy  can facilitate the process. This concentration aims to offer theoretical  knowledge and practical skills in the field of international trade and  industrial policy. Legal and institutional arrangements in the world  trade will be analyzed in the context of contemporary issues such as  FTA, FDI, international trade negotiations, dispute resolutions, and  etc.
Target students include mid-career professionals in trade-related  ministries and business entities or international organizations, as well  as those students who aspire to work in such institutions upon  graduation.
3. Fiscal and Social Policy
The market is an indispensable mechanism for efficient resource  allocation and long-term growth. The workings of the market, however,  are often accompanied by extreme poverty, externalities, information  asymmetry, and coordination failures, thereby entrapping vulnerable  individuals and communities at a lower end of possible equilibria. To  promote efficiency, equity and solidarity is a significant goal of  public policy in this light. On the basis of economics and other social  science disciplines, this concentration explores ways to tackle these  challenges through taxes, government expenditures, and prudent  regulations.
Target students include midcareer professionals working in the fields  of fiscal policy, poverty alleviation, education, healthcare, social  insurances, labor protection, and cultural policy.
4. Regional Development and Environment
Sustainable Development and Green Growth are keywords in the 21st  century development discourse. Leaders in the public sector need to  understand the dynamic relations among economic development, environmental protection and societal development.
With this concentration, students develop the knowledge and skills to  1) draft regional development projects and policies considering  environmental consequences, 2) conduct environmental impact assessments,  3) facilitate stakeholder participation and orchestrate environmental  dispute resolution, and 4) understand complex policymaking procedures in  regional development and environmental management programs.
Graduates may find positions as local or regional development  planners and decision makers, environmental analysts in state, national,  and international agencies and NGOs, or infrastructure development in  the private sector.
5. Global Governance and Political Economy
As the challenges of development and public policy are inexorably  connected with the forces of globalization, to study them requires an  interdisciplinary approach. This concentration focuses on the  reciprocity between politics and economics, investigating how political  factors influence economic processes and vice versa. The concentration  aims to educate mid-career professionals and future public servants to  acquire analytical skills, intellectual depth and high  public-spiritedness, necessary to play a leading role in the  increasingly global, interdependent field of policymaking.
6. Entrepreneurship and Private Sector Development
Entrepreneurship and private sector development are the key drivers of  economic growth, job creation, and poverty reduction. This concentration  aims to provide students with the theoretical knowledge, policy  perspectives and practical skills in the emerging field of  entrepreneurship and private sector development. Some of the key issues  include the role of entrepreneurship in economic development, government  policies to promote entrepreneurship, firm-level strategies for growth  and innovation, and international comparison of entrepreneurship  policies and strategies.
Target students include government policy makers, public and private  sector managers, and future entrepreneurs interested in this dynamic  field.
7. Public Management and Leadership
Strategic management and leadership skills are in growing demand for  managing public sector organizations, which are characterized by binding  mission and mandates, limited internal capacity, resource constraints,  and external political environment. On top of providing essential  management theories and analytical tools, this concentration is designed  to develop a keen insight through case studies and build up practical  skills to solve real-world problems, including conflict resolution and  public sector management.
LANGUAGE
The Master of Development Policy (MDP) and the Master of Public Policy  (MPP) programs are taught in English. The KDI School also provides Basic  Korean Language courses for international students.
DURATION
The Master of Development Policy (MDP) and the Master of Public Policy  (MPP) programs are conducted on a full – time basis starting in January  2012, and require one year’s coursework.
ADMISSION CRITERIA
All applicants for the Master of in Development Policy (MDP) and Public  Policy (MPP) program must meet the following minimum general  requirements.
1. Minimum 5 years experience in the public sector.
2. Nominated by the Colombo Plan National Focal Point of their respective Governments
3. Completed a bachelor’s degree or its equivalent.
4. Meet English language requirements.
ENGLISH LANGUAGE REQUIREMENTS
Applicants must prove proficiency in English by submitting TOEFL  (minimum 570) or IELTS (minimum 6.0) scores with the application form to  Colombo Plan. (A copy of English Language test results must accompany  the Application form). Those who pursued their first degree at an  English medium University are exempted from this requirement.
SCHOLARSHIP
The scholarship awards will cover the following:
-  A return air ticket on economy class from the closest international airport to Seoul, Korea.
 
 -  Admission costs
 
 -  Full tuition
 
 -  Living stipend of KRW640,000
 
 
By the participating country:
-  Book allowance of US$300 per student per month
 
 
ACCOMMODATION
The KDI School will provide a student dormitory (double occupancy rooms).
VISA REQUIREMENTS
Applicants will need to obtain a visa from the Korean Embassy in their  countries or other accredited countries before their arrival in Korea.  Participating Governments are kindly requested to bear the cost of visa  application for their participants. The Colombo Plan will not provide  visa fees.
Each member country is requested to nominate through the National  Focal Point two candidates by completing the Application Form, the  Medical Certificate and Admission Essay.
Please send the duly completed nomination forms (two sets) to the  Colombo Plan Secretariat at the following addresses, by or before 2 October 2011
Secretary General
The Colombo Plan Secretariat
No.31, Wijerama Mawatha
Colombo 7
Tel: + 94 11 2684188
Fax: + 94 11 2684386
Please refrain from sending Application Forms directly to the KDI  School. The deadline for the nominations will be strictly observed.