Twelve (12) study programs at the UGM Faculty of Economics and Business (FEB UGM) have successfully achieved the highest accreditation, “Excellent,” from the Institute of Accreditation for Economics, Management, Business, and Accounting (LAMEMBA).
The twelve study programs are the Bachelor of Management, Bachelor of Accounting, Bachelor of Economics, Master of Accounting, Master of Development Economics, Master of Management, Master of Management (Jakarta Campus), Master of Science in Accounting, Master of Science in Management, Doctor of Accounting, Doctor of Management, and the Professional Accountant program.
Regarding this achievement, FEB UGM Dean Professor Didi Achjari stated that FEB UGM currently oversees 14 study programs under three departments, including three bachelor programs, seven master programs, three doctoral programs, and one professional program.
Established on Sept. 19, 1955, FEB UGM is the oldest business school in Indonesia. It continues its strong commitment to being Indonesia’s leading economics and business faculty.
This strong commitment also represents FEB UGM’s efforts to face global challenges and nurture future leaders in economics and business with a focus on sustainability.
“The achievement of the ‘Excellent’ accreditation from LAMEMBA by 12 study programs at FEB UGM is a proud accomplishment and should be collectively celebrated. It reflects the commitment and hard work of these 12 programs and all stakeholders to improve continuously,” said the dean on Tuesday (Jun. 11) at FEB UGM.
“Meanwhile, the remaining two programs, the Master of Science in Economics and the Doctor of Economics, will undergo accreditation visits in 2025. Hopefully, the accreditation process for these two programs will go smoothly, and they will achieve the same status.”
Dean Achjari revealed that the accreditation results had improved compared to the previous period when 10 of the 12 programs were accredited ‘Excellent’ and two were accredited ‘A.’ In 2024, all twelve programs achieved the ‘Excellent’ status from LAMEMBA.
He explained that the national-level accreditation process for study programs is part of FEB UGM’s efforts to enhance the quality of education and learning and the faculty’s reputation. This accreditation from LAMEMBA also demonstrates FEB UGM’s consistency in maintaining the quality of its teaching and learning.
FEB UGM has produced over 49,000 alumni and around 5,500 students from various regions in Indonesia and various countries studying at different educational levels, including bachelor, master, doctoral, and professional programs.
With over 68 years of experience, FEB UGM has and will continue to contribute to addressing various local and global challenges, supported by more than 200 competent teaching and professional staff.
In addition to undergoing the LAMEMBA reaccreditation process at the national level, FEB UGM has also undergone a peer review visit by a team from The Association to Advance Collegiate Schools of Business (AACSB), an international business school accreditation organization. FEB UGM received its first accreditation from AACSB in 2014.
As a leading business school, Dean Achjari stated that FEB UGM is currently recognized nationally and internationally. Besides having a vast network, FEB UGM is also a member of several organizations, including the Global Business School Network (GBSN), the Association to Advance Collegiate Schools of Business (AACSB), the Network of International Business and Economic Schools (NIBES), the Association of Asia-Pacific Business Schools (AAPBS), and the ASEAN University Network for Business and Economics (AUN-BE).
“The challenges are becoming more complex; therefore, FEB will always strive to provide the best contributions. We hope for collaboration, synergy, and full support from all stakeholders, including students, lecturers, professional staff, alumni, parents of students, and the community,” he concluded.
Reportage: FEB UGM/Kurnia Ekaptiningrum
Photographer: Firsto