The founder and president is Dr James Chin-Kyung Kim. The 78-year-old Korean-American Christian entrepreneur was invited by the regime to build a university based on a similar one he had opened in northern China.
He raised much of the £20m it cost from American and South Korean Christian charities.
"I am full of thanks to this government - they accepted me. They fully trust me and have given me all authority to operate these schools. Can you believe it?"
It is hard to believe - human rights groups say North Korean citizens found practising Christianity are persecuted.
Inside every classroom, portraits of North Korea's brutal dictators take pride of place above the whiteboard.
Lecturer Colin McCulloch gives his time for free. Some of the other 40 lecturers are sponsored by Christian charities. Mr McCulloch has moved from Yorkshire to teach business to the regime's future elite.
He splits the students into groups and tells them to form their own fantasy companies and compile their profit projections.
In a country where the supply of all goods is controlled by the regime, the concept of a free market is new to the students.
"I'm sure the leaders and the government here recognise they need to connect with the outside world," Mr McCulloch tells us. "It's not possible to be a totally hermetic, closed economy in the modern age."
The university's foreign lecturers are up against a lifetime of propaganda and conditioning - and almost complete isolation from the rest of the world, as we discover when American Erin Fink invites us to take part in her English class.
"It will be good for you to listen to these guys because their accent is very different from my accent - they speak British English," she explains to her first year undergraduates.
They tell us they like a North Korean girl group called the Moranbong Music Band, one of Kim Jong-un's latest propaganda tools.