About UGM
Libraby UGM
Webmail @UGM
Bahasa Indonesia
Fakultas Ekonomika dan Bisnis

Master of Science and Doctoral

Faculty of Economics and Business


Home News
UGM Joins Erasmus+ REPESEA Project PDF Print E-mail
Written by Administrator   
Thursday, 24 August 2017 09:06


As an effort to improve the quality of research performance, UGM joined the REPESEA cooperation project held by Erasmus+ Capacity Building in Higher Education. This project was attended by 11 universities from 7 countries in Asia and Europe, including UGM and Universitas Islam Indonesia as the representative of Indonesia; UniversitiTeknologi Malaysia and UniversitiTeknologi Mara (Malaysia); The National Institute of Development Administration and Burapha University (Thailand); Matej Bel University and University of Economics in Bratislava (Slovakia); Warszaw School of Economics (Poland); University of Bath (United Kingdom), and Université Blaise Pascal, Clermont-Ferrand II (France).

One of REPESEA activities: Erasmus+ The Mapping Study Workshop "Assessing and Improving Research Performance of South East Asian Universities (REPESEA)", was just held in Kuala Lumpur, Malaysia, from Monday (06/08/2017) to Wednesday (09 / 08/2017). The workshop wasa phase 1 project of REPESEA, after the kick-off meeting which was held in early March 2017 in Bratislava, Slovakia.

Prof. Dr. Jogiyanto Hartono, Prof. Dr. CaturSugiyanto, and Dr. NurulIndarti, as the representative of UGM in this workshop, shared their experiences and information about the history and development of research, position and strength of research in Indonesia, and how UGM contributes in supporting research activities in Indonesia. The presentation was also supported by the writing of two research papers, entitled "Existing Strengths and the Way Forward of Research Performance in Indonesia" and "History, Era, and Culture of Research in Indonesian Universities".


The duration of REPESEA project is 3 years, started in October 2016 and will end in October 2019. The main purpose of this project is to increase the research capacity of Southeast Asian countries, supported by the European Union. (NH)

Last Updated on Thursday, 24 August 2017 09:10
Alyta Shabrina Zusryn and Siti Nuryani Khasanah Won in a Competition held by OJK PDF Print E-mail
Written by admisi   
Wednesday, 09 August 2017 06:48


Alyta Shabrina and Siti Nuryani won in a competition held by OJK.

YOGYAKARTA – Two students of MD FEB UGM, Alyta Shabrina and Siti Nuryani Khasanah became the 1st winner of call for papers competition held by Indonesia’s Financial Service Authority (OJK) in 2017. The event covers a topic in the field of non bank financial industry. The theme of the competition which was conducted from March 14 until June 13, 2017 was “Enhancing IKNB through the elevation of good governance and risk management under the opportunity of business expansion.”

Among all, only six nominators had made it through the final stage. Ultimately in this final stage, all papers already sent on June 12, 2017 should be presented. The paper wrote by Alyta and Siti entitled “Mitigating Strategy for Micro Credit of SME on Fintech Company based on P2P Lending” eventually brought them as the champion of the competition.

In their paper, they stated that P2P lending is one form of funding solution for technology-based SME. P2P Lending could be a solution for those SME which have no adequate access to banking services and thus do not have any collateral debt. However, since the Fintech lending is quite risky because the possibility of adverse selection may have occured, and there is less guarantee from the borrowers, they then proposed three strategies to mitigate the risk.

The first strategy is by giving the funding in the form of lending group. Lending group is a funding given to a group a debitor with joint responsibility system. The second strategy is by applying a regular deposit (SIPAR) on the lending group as the protection of credit risk. The third, is the improvement of P2P Lending system, such as the administration of maximum lending period, an assignment of credit scoring standard, an improvement of P2P Lending procedures in OJK, and the implementation of know-your-customer digital procedure.

Alyta and Siti expect that their paper could be beneficial for SME actors, P2P Lending companies, and OJK. They also wish that more MD FEB students would follow their step. They believe that MD students have a huge potency to create many brilliant ideas, but then they just have to dare themselves to write. (CAM)

Last Updated on Wednesday, 09 August 2017 06:54
Lina Anatan: Transfer of Knowledge between Universities and Industries Alliance in Indonesia PDF Print E-mail
Written by admisi   
Friday, 28 July 2017 04:00


Dr. Lina Anatan officially holds doctoral degree from FEB UGM.

YOGYAKARTA - Monday (24/07/2017), Lina Anatan officially holds doctor of philosophy in BRI Auditorium MD FEB UGM Building. Promoted by Dr. She was promoted by Dr. Tarsisius Hani Handoko, and co-promoted by Dr. Amin Wibowo and Dr. Rangga Almahendra. Anatan successfully defended her dissertation entitled, Transfer of Knowledge between Universities and Industries Alliance in Indonesia in front of the examiners. Dr. Lina Anatan is the 3641th doctor graduated from UGM and the 233th doctor graduated from FEB UGM. The open exam was also attended by Dr. Kusdhianto Setiawan, Sivilokonom, as thechairman examiner team who currently also serves as Vice Dean for Finance, Assets, and Human Resources of FEB UGM.

The novelty of Anatan dissertation is the appliance institutional theory to examine the knowledge transfer in university and industry alliances. Previously, researches on such topics were dominated by an internal perspective using Theory of Transaction Cost Economics (TCE), Resource-based View Theory (RBV), and Knowledge-based View Theory (KBV). However, in her dissertation, she includes KBV and TCE theories as complementary theories which enables the model in explaining the effect of knowledge transfer from both internal and external perspectives. Moreover, dyadic method was used in her research, thus the perspectives from both parties can be captured.

In her research, Dr. Lina Anatan examines the effect of antecedent variables (regulative pressure, normative pressure, and cognitive stress) on knowledge transfer in university and industry alliances, tests the positive effects of knowledge transfer on the institutionalization of knowledge transfer activities, and also the role of moderating uncertainty (technical uncertainty and uncertainty Organizational) in explaining the effect of knowledge transfer on the institutionalization of knowledge transfer activities.

The results indicated a simultaneously significant positive influence of institutional pressure (regulative pressure, normative pressure, and cognitive pressure) on knowledge transfer in university and industry alliances. Partially, normative and cognitive pressures have a positive effect on knowledge transfer in university and industry alliances, whereas regulatory pressure has no significant effect on knowledge transfer in university and industry alliances. The study also found that knowledge transfer positively affects the institutionalization of knowledge transfer activities. Results of the validity test about technical uncertainty variable and organizational uncertainty showed that both variables are unidimensional.

The insignificant result of regulatory pressure on knowledge transfer in university and industry alliances can be the concern to regulators. Anatan said that regulation related to knowledge transfer in university and industry alliance in Indonesia is still weak in its implementation. Thus, it needs a more intensive monitoring from the regulator for the sake of effectiveness.

In the closing session, Dr. Hani as her promotor congratulated Dr. Lina Anatan and her family for achieving her PhD degree. Congratulations were also addressed to the Faculty of Economics Maranatha Christian University Bandung. Dr. Hani said to promovenda, “Keep writing, reading, attending conferences and publicizing, use your knowledge to serve students and other stakeholders.”

Last Updated on Thursday, 03 August 2017 06:01
MD Program Released 28 Graduates on July 19, 2017 PDF Print E-mail
Written by admisi   
Thursday, 20 July 2017 04:18


The cumlaude achiever graduates.

YOGYAKARTA - MD Program officially released 28 graduates on July 2017 graduation ceremony period in BRI Auditorium, Thursday (19/07/17). From the 28 graduates, 17 of them were coming from master of science in accounting, 10 of them were from management, and only one graduate was from economics. The ceremony was attended by the Dean FEB UGM Dr. Eko Suwardi, and the Managers of MD Program, Prof. Jogiyanto Hartono, MBA and Dr. Nurul Indarti, Sivilokonom, Cand. Merc.

Dr. Nurul Indarti, Sivilokonom, Cand. Merc. as the manager of management study of MD Program declared that from the 28 graduates, one graduate who was majoring in accounting named Ida Ayu Purnama was successfully achieved cum laude with GPA of 3.84. Furthermore, the best graduate from management was achieved by Agus Saur Utomo with GPA of 3.84, while the best graduate from economics was achieved by Andi Adillah Bunyamin with GPA of 3.54.

Concurrently, the fastest study period was achieved by Ida Ayu Purnama who majored in accounting and successfully finished her study at her 23rd month. While from management, the fastest study period was achieved by Agus Saur Utomo who graduated after 22 months of his study period, and from economics, the fastest was Andi Adillah Bunyamin who graduated after 22 months of his study period. The average GPA in this graduation period are 3,61 for accounting, 3,57 for management, and 3,54 for economics.

Dr. Nurul congratulated all the graduates for them having reached this point since not everyone has the opportunity to obtain a higher education level. In fact, only 15% people in Indonesia could pursue higher education, and only 15% of them could continue to the take a post degree. Indeed, she cited the quote of Brian Herbert who says, “The capacity to learn is a gift, the ability to learn is a skill, and the willingness to learn is a choice”. Which means, every lucky ones who already has the opportunity to take the post degree should be grateful and take the process of study seriously.

On behalf of the program, Dr. Nurul also encouraged the graduates if they are interested to continue their study, then they may consider to take the doctoral program of MD FEB UGM. Since MD Program are in a process of restructuring the curriculum so that doctoral student could finish their study in three years.

Agus Saur Utomo, as the best achiever in this graduation period, said in his speech, “FEB is not our final destination, yet it should be a medium to pursue a noble goal which will be beneficial for the welfare of our dignified society.” He also wishes that all graduates would be a problem solver of any social problem happens in this world nowadays.

In the concluding session, Dr. Eko Suwardi, as the Dean of FEB UGM emphasized the importance of a good quality process in MD Program. According to him, today is only a milestone ouf our life. One thing that you should notice is the elevation of your self quality. He expects that all alumni will always be humble and keep learning for the sake of better quality. (CAM)

Last Updated on Thursday, 20 July 2017 05:42
Welcoming New Students of the Even Semester 2016/2017 PDF Print E-mail
Written by admisi   
Monday, 30 January 2017 05:50

Prof. Mudrajad Kuncoro, gave some do's & don'ts for all MD's newcomers, Friday (27/01/17).

YOGYAKARTA. Approaching the Even Semester of 2016/2017, MD Program held a welcoming event for new students of master and doctoral in BRI Auditorium, MD Building FEB UGM, Friday (27/01/17). The managers of MD Program, Prof. Jogiyanto, M.B.A., Prof. Mudrajad Kuncoro, M.Soc.Sc., and Nurul Indarti, SivilØkonom, Cand. Merc., Ph.D.,  introduced the rules of MD FEB UGM that need to be obeyed by all students of MD FEB UGM without exception.

The first session was commenced by Prof. Jogiyanto who acts as the Coordinator of MD Program Management. He revealed that MD Program has the best quality in educating process and is also the oldest program of the master of science in Indonesia. Besides assisting students in mastering and developing knowledge, the program also provides a good learning culture which is not comparable with any other similar education institution in Indonesia. He said, “We’re not saying that we are better than any other institution in Indonesia, because every program has its own uniqueness and culture. Moreover, arranging curriculum and syllabus is quite an easy work since we can assimilate them from the existing best practice. But the hard part is building a good culture. It takes time.”

Meanwhile, Prof. Mudrajad gave some advice for new students to be effective and efficient in studying. According to this professor who pursues regions economy field in most of his studies, time management is very important for all students in MD Program. He also emphasized the importance of goal fixation once you enter the program since the learning process here is a not an easy work.

In the last session, Dr. Nurul hit the point that all students should commit to their decision to study in MD Program. She expects that MD students do not only build good knowledge but also good value. She stated, “Success doesn’t depend on how you start something, but how you end something.” (CAM)

Last Updated on Tuesday, 31 January 2017 05:57
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 29