The aim of this study is to find the key elements for the successful introduction of a Cyber University (CU) in Korea. Since information technology (IT) has dramatically changed our lives it is inevitable for education to follow suit. The old education system was based on the following principle, of a teacher physically interacting with his or her pupils at a school. However, this is set to become infinitely more flexible with the freedom of choice given to the pupil who are now able to adopt, beyond barriers of time and space what, and how they study. All this will be made possible with the use of IT. The essentials for the CU would be a positive and flexible education paradigm, also able to satisfy students with a totally new system of education that replaces physical interaction with virtual interaction. Another point that needs to be taken into account is the number of potential students, their expectations and needs. And any national or international restrictions need to be addressed. One major hurdle for the acceptance of a CU in Korea is the vast difference between its conservative culture and directness of Western culture. Despite this, it will soon become imperative for Korea that she embraces the rapidly changing attitudes and requirements in order for the survival of the nation and an individual.