KAIST is located in Daedeok Science Town, the home to more than 60 government-supported and private research institutes, 4 universities, and numerous venture businesses. The Science Town is situated in the northern part of Daejeon, which is approximately 150 km south of Seoul. Daejeon has a population of over 1.3 million citizens. Taking advantage of its geographical location, KAIST provides abundant opportunities for research and learning through collaboration and exchanges with institutions and organizations in the immediate vicinity. Also, KAIST has the College of Business, which is located in Seoul. It provides education programs related to management practice and technology policy.