Universitas Gadjah Mada (UGM) and Agrodana Futures have signed a Memorandum of Understanding (MoU) in human resource education and development, particularly in business management.
The UGM Vice-Rector for Human Resources and Finance, Professor Supriyadi, and the President Director of Agrodana Futures, Laurentius Gunawan, signed the MoU on Wednesday, August 30, at the UGM Vocational College Auditorium.
Professor Supriyadi stated this collaboration in developing human resources in business management is expected to promote the advancement of education and the development of the futures trading industry in Indonesia.
He emphasized that futures trading is still unfamiliar to many, especially among students.
“Futures trading is still foreign, especially within the academic community. I believe this collaboration has the potential to develop knowledge and practices in futures trading that we cannot avoid in the future,” the vice-rector said.
He added that through this collaboration, it is hoped that students’ knowledge and understanding of futures trading, both in stock and commodity exchanges, will increase.
“Futures trading is already highly advanced abroad. We shouldn’t lag and should play a role,” Profesor Supriyadi stated.
The President Director of Agrodana Futures expressed appreciation for UGM’s participation in promoting education in futures trading to students.
“We want to provide education to students and the public to understand better what futures trading is,” he explained.
Gunawan pointed out that the public has yet to fully utilize the futures trading industry due to the lack of financial literacy in the futures trading business and investments.
The President Director of the Indonesia Commodity and Derivatives Exchange (ICDX), Nur Salam, expressed that more students and the general public will better understand commodity exchanges through this collaboration.
“Our commodity exchange is only 23 years old and not as advanced as abroad. Yet, we have many commodities, such as palm oil, where Indonesia is the world’s number one producer, with 57 million tons compared to Malaysia’s 19 million tons,” Nur Salam said.
“Malaysia’s production is not even half, but they have a commodities exchange (price reference) there.”
Head of the ICDX Learning Center, Anang E. Wicaksono, provided tips for young people on investing wisely in the stock market, foreign exchange, and commodity exchanges.
“We must be good at digging up information from valid sources and be selective in using information circulating on the internet. If there is an offer, investigate its legality first. If it’s an individual, look for their track record,” Wicaksono said.
“Our ability to assess things more deeply includes examining the business process, whether logical or not. Calculate whether it makes sense or not. Don’t fall victim to fraudulent investments.”
Author: Gusti Grehenson