Since its founding, the Faculty of Business and Commerce has based its undergraduate education on practical application, emphasizing in particular developing human resources responsive to the needs of an increasingly globalized and information-oriented society. In order to produce qualified human resources, the Faculty of Business and Commerce offers special programs such as “Business English Study Abroad (BestA)” featuring business English study in the UK. Other programs include “Business Leader Special Program (BLSP)” for the practical small-group training for future international business leaders, “Accounting Linkage Special Program (ALSP)” for those who aim to become a CPA and advanced accounting profession, and “Service Innovation Special Program (DSI)” to develop innovators who are capable of handling the latest information technology. New features of the Faculty’s curriculum involve learning at the actual business side, and studying abroad to pursue practical business and commerce knowledge.
Moreover, the Faculty of Business and Commerce offers various study opportunities to stimulate students’ motivation and bring out their potential through operating and participating in events such as the KU Business Plan Competition (KUBIC), a nationwide event held by the Faculty of Business and Commerce in which high school and university students across Japan present business ideas. Students who pass the preliminary round make presentations at the final competition.
The Faculty of Business and Commerce has five specialized areas of study: Distribution and Marketing, Finance, International Business, Management and Accounting.
Understanding flows of goods and human resources, learning marketing to create new trends
Distribution, linking production with consumption, involves various entities, including suppliers of components, manufacturers of finished goods, wholesalers and retailers who buy and sell goods, carriers who physically transport goods, and consumers. Students of this specialization learn, both theoretically and practically, the commercial process of exchange of goods and services for cash, the logistics of transportation of goods and related activities, and exchange of information between related parties.
Exploring mechanisms and possibilities of increasingly information-oriented and globalized financial activities
Studying finance means studying economic and monetary flows. Finance is closely concerned not only with businesses but also central and local governments and private households through savings, fund procurement, settlement of bills and so forth. Financial institutions (banks, securities firms, insurance companies, etc.) that play the central role in these transactions and their roles and functions are the main subject of study in this specialization, to be explored from a variety of perspectives.
Viewing business and economy from a global standpoint, aiming for an international career
What happens when people, goods and funds cross national borders? Students in this specialization learn to keep this question in mind constantly, as they study international business and its environment. Specifically, the student studies business English and international trade immediately applicable in their professional life; basic knowledge of international economy, foreign trade, foreign exchange, international transportation and logistics, and theory and practice of international investment; and the economic situations in Asia, Europe, North and Latin America and Russia, with which Japan has particularly close economic ties.
Exploring business administration as future managers.
The increasingly globalized and dynamically changing business environment poses many serious problems to businesses, which are required to find optimal solutions. Students in this specialization study, while focusing on human resources, goods, funds and information, theories, history and policies of business decision-making processes. They also analyze the actual cases of business administration and organizational management from various perspectives including control, labor relations, information processing, strategy planning and the like.
Learning to understand corporate activities through numbers, becoming accounting specialists
Students in this specialization learn how accounting information, which determines the behaviors of corporate managers, employees, investors, banking institutions and other stakeholders, is produced, processed and put to use. The students also acquire bookkeeping skills, indispensable for corporate activity, and the ability to read and interpret corporate accounting information. Through theory and practice, they will be trained as professionals "strong in numeracy."