On 22 January 2007, Yeungnam University announced its 2007 university reform bill which newly includes the College of Fundamental Education and the School of Industrial Education. The College of Fundamental Education has jurisdiction over the School of Liberal Arts and Sciences and the School of Autonomous Major. It is responsible for planning 'fundamental education' and developing the process of liberal education. The School of Industrial Education has jurisdiction over the Contract Majoring/Studying and the entire business related to industry-academic research education, of which the educational process works to establish education programs based on the needs of certain companies which are selected among many companies applying for the industry-academic education process. The staff working for the selected companies are to be trained for 2 years by YU, after which they receive a Bachelor's degree. YU is operating the Contract Majoring with Samsung Electronics Co., Ltd. and Samsung SDI Co., Ltd.
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