University teaching is fairly laid back and enjoys the best perks as regards hours and holiday. That is why University positions are the hardest to get and you will need teaching experience before you apply, not necessarily at 3rd level but preferably in Korea or another foreign country. Most waeguk teachers will do their first year at either a Hagwon or as a Public School teacher before applying to colleges. Your wages are unlikely to be better than second level but the bait here is that 20 hours a week teaching and 2 months holiday is standard.
Among your students there will be the ambitious and the seniors who will keep you on your toes but the freshmen are just happy to have got where they are and want to wind down a bit now that they’ve got there. Chances are you’ll start off teaching conversation before perhaps going on to areas such as business English or composition, or maybe even your own degree subject. There will be more in the way of grading but again you are left to follow a syllabus and asked to stick within guidelines. You will have the opportunity to use multi-media facilities and bring in your own supplementary material (puzzles, activities, homework).
It should be noted that in certain Universities and 3rd level Colleges all over the country these days, a Masters degree in anything is a prerequisite to getting a job there. However there are still many institutions that don’t necessarily require you to have that qualification so it will just take a lot of research on your part and of course, a bit of luck!