5 Best Business Schools in Indonesia

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Indonesia, commonly known as a tropical paradise with sandy beaches, beautiful islands, and a guarantee of a good time. Tourists and travelers, however, are not the only people flocking to Indonesia.

With affordable labor, factories and companies have been moving to South East Asia in their quest for maximum profit. As Indonesia’s economy prospers, so does its academic scene.

Indonesia’s affordable tuition rates and living costs make it an appealing location for students, and the increase of businesses equals an increased need for skilled professionals, creating opportunities for graduates. Interested in studying business in this country? Here are the top business schools in Indonesia.

Best Business Schools in Indonesia

1. Faculty of Economics and Business (FEB) at Gadjah Mada University (GMU)

  • Faculty of Economics and Business Page
  • Degrees offered: Bachelor’s degree, master’s degree, Ph.D.
  • Languages of instruction: Bachelor’s degree (English, Indonesian), master’s degree (Indonesian, English), Ph.D. (Indonesian)

The first on the list and the first to be AACSB accredited is the Faculty of Economics and Business at Gadjah Mada University. FEB prides itself as the center of excellent education and training in the field of business. Other than degree programs, FEB offers certificate programs for its students to become locally and internationally certified professionals. Gadjah Mada University Business School is the best business school in Indonesia.

Being the first internationally recognized school of business in Indonesia, the faculty and university offered help with establishing many other business schools in this country and continues to support them in their ongoing development. FEB also has many academic partners overseas, and together they produce outstanding research and provide students with opportunities to develop a global mindset and broaden their horizons.

Being constantly ranked as the #1 university to study business in Indonesia by QS, The Faculty of Economics and Business at Gadjah Mada University certainly lives up to its aspiration of being the “leading faculty of economics and business in Indonesia.”

2. School of Business and Management (SBM) at Bandung Institute of Technology (ITB)

  • School of Business and Management Page
  • Degrees offered: Bachelor’s degree, master’s degree, MBA, Ph.D.
  • Language of instruction: Bachelor’s degree (English, Indonesian), master’s degree (English), MBA (English and Indonesian), Ph.D. (English and Indonesian)

With a mission to bring improvements to businesses, governments, and society through creating and sharing knowledge of business and management, the School of Business and Management (SBM) at the Bandung Institute of Technology is the following school on this list.

Being part of the leading institute of technology in Indonesia, innovation is crucial to SBM. Through the education of SBM, students learn to find new values in existing goods and services as well as coming up with new ideas of their own. SBM also trains its students to have problem-solving and leadership skills to ensure that their graduates can succeed as future leaders.

Besides offering competitive programs, its outstanding faculty members are also contributors to new knowledge as they regularly publish in peer-reviewed journals. With advisors, researchers, and entrepreneurs on the faculty team, students of SBM are trained to see things from different angles, provide solutions to challenges they face, and lead as innovative leaders.

3. Faculty of Economics and Business at Airlangga University

  • Faculty of Economics and Business Page
  • Degrees offered: Bachelor’s degree, master’s degree, Ph.D.
  • Language of instruction: Bachelor’s degree (English, Indonesian), master’s degree (English and Indonesian), Ph.D.

Next on the list of top business schools in Indonesia is the Faculty of Economics and Business at Airlangga University. With religion as its moral compass, this school aims to become a leading faculty of economics and business worldwide.

To adapt to the rapidly changing and globalizing world, the faculty offers an international bachelor’s program offered in English as well as courses that train students to be able to use English in professional settings. Plus, it has partnered up with many international institutions to work together for better education and research.

Students in this faculty will learn from leading academics and be trained by top-notch experts in Indonesia, becoming well-equipped with knowledge in this field, openness to new ideas, and problem-solving skills, all the while being aware of ethical issues and staying true to their faith.

4. Faculty of Economics at the University of Indonesia (FEUI)

  • Faculty of Economics Page
  • Degrees offered: Bachelor’s degree, master’s degree, Ph.D.
  • Language of instruction: Indonesian and English (joint degree programs: English)

Striving to be the best center of business education in Asia, the Faculty of Economics at the University of Indonesia (FEUI) is another recommendation. Since 1950, FEUI has been working in line with its vision to contribute to economics and business research.

UI’s FEB is engaged in community services to nurture responsible future leaders. In addition to improving the quality of people’s lives, the Research and Community Services benefit students by providing opportunities for them to develop their awareness of social issues and use the skills they have learned in class to solve problems.

UI’s Faculty of Economics has plans to up its research output in the future to better fulfill its mission of being a contributor to research in business, the growth of Indonesia, and the betterment of society. Always striving to improve its education and train its graduates into better leaders, FEUI is certainly an excellent choice for those looking to study business in Indonesia.

5. IPMI International Business School

Last but just as important is the IPMI International Business School, one of the best business schools in Indonesia. IPMI places importance on real-life application of theories, and its students receive practical training as well as academic education to ensure that they are ready for real-world challenges.

To meet the demands of this global world, IPMI International Business School is the first school in Indonesia to fully deliver its programs in English, as well as the first in the country to offer an international MBA program. IPMI is also actively developing an international exchange program to foster students’ global mindset.

Placing value on diversity and fairness, IPMI welcomes students and researchers from different backgrounds and vows to treat them without differences. IPMI sets high expectations for its students, and in turn, strives to give them the best education and international opportunities.

 

I hope that this article was helpful. If you are interested, visit the Scholarships Page.