KAIST or the Korea Advanced Institute of Science and Technology, is located in Daedeok Science Town, Daejeon, South Korea. KAIST was established by Korean government in 1971 as the nation’s first research oriented science and engineering institution. KAIST is the nation’s the most prestigious science and technology institution and is considered to be the MIT of South Korea. The QS-The Times World University Rankings in the year of 2009 placed KAIST 69th in overall ranking and 21st in technology & IT subject field in the world. (more…)