Korean Higher Education on the Rise: Time to Learn From the Success

This research paper highlights a number of important lessons that international universities and university systems- particularly those in Austria and Ontario, Canada- can learn from the South Korean higher education model, in terms of policies, practices, privatization, eligibility and mentoring. Effectively, while modern South Korean universities have short post-war histories since their establishment, in comparison to more developed countries, they can nonetheless offer viable blueprints, in terms of policies, practices, privatization and mentoring to university administrators worldwide. To demonstrate this, a comparative framework and an empirical comparison are used to assess the contrastive qualities between Austrian and S. Korean as well as between Ontarian (of Canada) and S. Korean tertiary educational environments in the fields of Business Administration and TES/FL1, correspondingly. In the first chapter of the paper, a contrastive assessment between the Austrian and South Korean tertiary education systems is made, with a specific focus on the undergraduate level. Suggestions to facilitate the current transition of the Austrian tertiary education system i