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How much can you realistically earn at an SAT prep hagwon?

 
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xCustomx



Joined: 06 Jan 2006

PostPosted: Tue Feb 15, 2011 9:16 am    Post subject: How much can you realistically earn at an SAT prep hagwon? Reply with quote

I lived in Korea for five years and returned to America one year ago. Since that time I've been taking chemistry, biology and physics courses. I would like to go to Korea this summer during my vacation period and teach, hopefully chemistry or biology. Is it possible to get a short term position at an SAT hagwon in Gangnam or Apgujeong? How much can you make at these places? If memory serves right, I thought they pay around 4-5 million per month, but they expect you to teach at least 8 hours a day. Any info is appreciated
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northway



Joined: 05 Jul 2010

PostPosted: Tue Feb 15, 2011 9:24 am    Post subject: Reply with quote

How do you even get these jobs?
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fustiancorduroy



Joined: 12 Jan 2007

PostPosted: Tue Feb 15, 2011 9:37 am    Post subject: Reply with quote

Yes, you can make that much money teaching SAT. In fact, I know a couple people who make 10 million won each month during the summer. And yes, you can get a job only for the summer. Yes, sometimes you have to work 8 hours a day. But the money is good and students are bright, so I would say it is worth it.

As for hiring, SAT academies often prefer gyopos due to the visa issues and Korean language ability. Being a graduate from a top university is also usually preferred. Also, many places require you to actually take the SAT and get a near-perfect score before they will hire you, so keep that in mind as well. Some of the SAT hagwons will put ads up before the summer. Hoyah will put some ads up, and they are a good place to work for. You might also see ads for Steven Academy, Sehan Academy, Elite Prep Academy and maybe Cube Academy (though Cube focuses more on TOEFL). All of these places pay at least 40,000 an hour of class, if not more.
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Tue Feb 15, 2011 3:34 pm    Post subject: Reply with quote

4-5 million for 8 hours a day is only 25k/hour or less. That's not all that much for SAT prep. I've heard of private tutors getting over 100k/hour for SAT prep for 1 on 1, and I know a gyopo who was running a slightly less than legitimate place and he was charging 50k/head for group sessions (with like 5-8 kids per session).

SAT prep is worth way more than 25k/hour.
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pkang0202



Joined: 09 Mar 2007

PostPosted: Tue Feb 15, 2011 3:54 pm    Post subject: Reply with quote

crossmr wrote:
I've heard of private tutors getting over 100k/hour for SAT prep for 1 on 1, and I know a gyopo who was running a slightly less than legitimate place and he was charging 50k/head for group sessions (with like 5-8 kids per session).

.


Not to discount what you posted. I think people should beware of any post that begins with "I've heard of".

Usually those "I've heard of" are unusual, extraordinary cases. Of course, the people that listen/read it believe it to be the status quo and it ends up not good.

I mean, I've heard of a guy that started a software company from his garage and now he's a billionaire. That doesn't mean everyone can be like Bill Gates.


I agree with you though, SAT prep are one of the most lucrative teaching gigs in Korea, and someone qualified shouldn't be allowed to be lowballed.
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crossmr



Joined: 22 Nov 2008
Location: Hwayangdong, Seoul

PostPosted: Tue Feb 15, 2011 4:13 pm    Post subject: Reply with quote

pkang0202 wrote:
crossmr wrote:
I've heard of private tutors getting over 100k/hour for SAT prep for 1 on 1, and I know a gyopo who was running a slightly less than legitimate place and he was charging 50k/head for group sessions (with like 5-8 kids per session).

.


Not to discount what you posted. I think people should beware of any post that begins with "I've heard of".

Usually those "I've heard of" are unusual, extraordinary cases. Of course, the people that listen/read it believe it to be the status quo and it ends up not good.

I mean, I've heard of a guy that started a software company from his garage and now he's a billionaire. That doesn't mean everyone can be like Bill Gates.


I agree with you though, SAT prep are one of the most lucrative teaching gigs in Korea, and someone qualified shouldn't be allowed to be lowballed.

I should qualify that and say I've regularly heard of several SAT tutors getting that kind of cash. With regular tutoring coming in at 50-70k, and SAT tutoring being far more valuable (though not as long-term) 100k is a good starting point for them.
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xCustomx



Joined: 06 Jan 2006

PostPosted: Tue Feb 15, 2011 6:46 pm    Post subject: Reply with quote

Thanks everyone. I know that my former hagwon boss, a gyopo who has an MA from Columbia, charged 75,000 won per hour per person when she did SAT study sessions on the weekend. She had 4 students in the class and it went for three hours.

If I can't teach SAT, then I'd like to teach students who plan to take the AP chemistry or AP biology test.
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