Future Entrepreneurs' Society

What Future Entrepreneurs' Society does

Future Entrepreneurs' Society (FES) is a non-commercial student society (학회) housed within the Business School of Korea University in Seoul, South Korea. The organization cultivates entrepreneurial capabilities and strategic business thinking among university students through industry-academia collaborative case projects with real corporate partners, structured seminar curricula, IT sessions, and a leadership development track called S-FIT. FES runs on an annual intake cycle (currently recruiting its 59th generation) using a multi-stage interview process — 1-on-1 case interviews, group case interviews, and a final values-based interview — with applications submitted via fes.kr and recruitment information distributed through Instagram and KakaoTalk open chat.

The society does not sell products or services. Membership is free, and the organization is funded through university support and alumni contributions. Its core "deliverable" is experiential education in business strategy, framed not as a startup accelerator but as career-spanning entrepreneurial capability development. FES serves a single customer base: Korea University undergraduate students, drawn from diverse majors including business, media, engineering, and humanities.

The organization has built a multi-generational alumni ecosystem of approximately 500+ members operating across consulting, venture capital, entrepreneurship, investment banking, securities, and large domestic and international corporations. Engagement extends beyond active student years through three internal sub-brands: FAN (alumni network), LEAD (leadership development program), and FES Angels (alumni angel investment group). Leadership is held by student officers — currently Lee Seung-yeol as President and Nam Dae-il as Representative — with no external investors, parent company, or traditional ownership structure.

Name

Future Entrepreneurs' Society

Legal name

Future Entrepreneurs' Society

Website

https://fes.kr

Company type

Private

Founded year

1996

Operating status

Operating

Short description

Future Entrepreneurs' Society (FES) is a non-commercial student society at Korea University Business School that develops entrepreneurial and strategic business thinking among undergraduate students through industry-academia case projects, seminars, and a 500+ alumni network.

Ownership category

akta.pro rank

Product category

Student Entrepreneurship & Business Strategy Society

NAICS

Professional and Management Development Training (611430), Professional and Management Development Training (61143)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industries

Small Business & Entrepreneurship Community Education (EDAAAFAK), Leadership, Management & Teamwork for Business (EDAMAHAI), Entrepreneurship, Business & Innovation Camps (EDAMALAL), Marketing, Branding & Sales Skills (EDAMAHAG)

Keywords

• Student entrepreneurship society
• Business strategy education
• Industry-academia collaboration
• Leadership development program
• University entrepreneurship society

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Others

Revenue model

1. Membership-based society (non-revenue generating): FES is a student society/campus club affiliated with Korea University's Business School. It does not generate commercial revenue. Membership is free, and activities are funded through university support and alumni contributions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Future Entrepreneurs' Society (FES) is a free student society at Korea University Business School that offers an educational community experience focused on developing entrepreneurial capabilities and business strategy thinking. Its core activities include industry-academia collaborative case projects with real corporate partners, weekly Friday seminars, IT sessions, the S-FIT leadership development curriculum, and startup support programming. Membership is free and open to Korea University students of all majors.

Product overview

Future Entrepreneurs' Society (FES) is a university entrepreneurship society at Korea University, not a technology product company. It offers a student organization experience focused on business strategy learning through industry-academia collaboration case studies, curriculum activities, startup support, IT sessions, and the S-FIT leadership curriculum. No technology products, modules, or software offerings are provided.

Differentiator

Problem solved

Functional benefit

Brands

• FAN: FES Alumni Network - alumni network group for former members
• LEAD
• FES Angels

Products and services

• Industry-Academia Collaborative Case Projects (산학협력 케이스)
• Weekly Friday Seminars (정규 세미나)
• S-FIT Leadership Development Curriculum (S-FIT)
• Startup Support Program (Start-up)
• IT Sessions (Extra Curriculum)
• FES Alumni Network - FAN
• LEAD Leadership Development Program
• FES Angels Network

Quantifiable outcome

• 500+ FES alumni are active as leaders in consulting, VC, entrepreneurship, IB, securities, and domestic/foreign corporations

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Korea University Business SchoolcoreStrategic or Co-development PartnerFES is officially affiliated with and operates within the Business School of Korea University (고려대학교 경영학과). The society uses university facilities and operates under the university's organizational structure, serving as the university's official entrepreneurship society (기업가학회).

Scale indicators1 record

Recent moves6 records

Expansion highlights3 records

Direct peers

• Wharton Entrepreneurship Club: Student-led entrepreneurship organization at Wharton that hosts programs, mentorship, and VC/entrepreneurship career programming — comparable business-school-anchored entrepreneurship society model.
• Startup Yonsei (연세대학교 창업 학회): Yonsei University's student entrepreneurship organization runs startup programs, mentorship, and corporate case work — a direct domestic peer for FES competing for top Korean student talent.
• Penn Entrepreneurs: Student-run entrepreneurship organization at the University of Pennsylvania offering mentorship, workshops, and a startup launch program — directly comparable to FES in structure and target audience.
• MIT Entrepreneurs Society (MITES): MIT's largest student-run entrepreneurship organization offering workshops, mentorship, and startup resources to MIT students across majors — directly comparable to FES's cross-major, no-prerequisite model.
• KAIST Entrepreneurship Society (K-Startup Club / KAIST 창업 동아리): Korea's premier tech university hosts multiple student entrepreneurship clubs that combine case work, startup incubation, and corporate projects — the most direct domestic peer for FES in Korea.
• Stanford BASES (Business Association of Stanford Entrepreneurial Students): Stanford's flagship student entrepreneurship organization running case competitions, startup programs, and alumni mentorship. Closest analogue to FES in mission and structure, with a longer-running US university pedigree.

Emerging players

• Startup Weekend (Techstars): Global 54-hour startup event series organized in Korea that overlaps with FES's mission of developing entrepreneurial capability through intensive, structured peer collaboration, but operates as an event rather than a society.

Broad incumbents

• KAIST Startup Garage (KAIST 벤처팜/Start-up Garage): KAIST's institutionally backed startup incubation and education platform provides structured entrepreneurship programming and resources — broader incumbent of FES's mission in the Korean university ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/future_entrepreneurs_society
• Xx.com/fesian

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Future Entrepreneurs' Society