FEB

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  • DDTC, FEB UNS Strategic Partner Wins 2 Taxation Awards from International Institutions

    DDTC, FEB UNS Strategic Partner Wins 2 Taxation Awards from International Institutions

    The strategic partner of the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS), Danny Darussalam Tax Center (DDTC) was awarded 2 (two) titles in a tax awards at the ITR Asia-Pacific (APAC) Tax Awards 2024. The award was given by International Tax Review (ITR), an international institution based in London, UK. The first title is awarded as the Regional Awards group’s Pro Bono Firm of the Year (Asia-Pacific). Meanwhile, the second title awarded to the firm is the Jurisdiction Awards group’s Tax Dispute Firm of the Year (Indonesia).

    Based on a written statement from DDTC, DDTC Consulting Managing Partner, David Hamzah Damian, representing the Founder of DDTC Darussalam and Danny Septriadi, received both awards directly at the 2024 ITR APAC Tax Awards peak night at the Leonardo Royal Hotel Tower Bridge London, UK, Wednesday, September 18, 2024.

    The editor of ITR at Legal Benchmarking Group, Thomas Baker, said the victory over the Tax Dispute Firm of the Year was seen from the company’s success rate in resolving tax disputes in various sectors with an innovative approach. “The assessment or research process conducted by the ITR has been going on for a long time and involves many parties,” Baker said.

    Then, the Editor of ITR at Legal Benchmarking Group, Sam Sholli, states that the victory over the Pro bono Firm of the Year was seen from the company’s commitment in maximizing the role of the profession in the field of taxation for the public at large. “By contributing to an ideal taxation system and eliminating information asymmetry in the taxation community,” Sholli said.

    The founder of DDTC, Darussalam, said that this award is an international recognition of the consistency of DDTC in following the vision, mission, and values of the company for 17 years. DDTC’s vision, mission, and values are the result of a balanced mix of commercial and non-commercial aspects.

    Moreover, Darussalam continued that all company activities depart from the reality of the tax literacy society, low compliance and tax awareness, a limited number of tax bases, and not many of tax experts. As a result, most of the earnings for professional services will be back to the community and stakeholders in the tax sector, especially in Indonesia. The two awards are evidence that the commercial and non-commercial aspects actually strengthen each other.

    “We believe a cycle that does not stop at the mere commercial aspect will actually create a better tax ecosystem because the tax consulting profession is noble or honorable (officium nobile). This award will spur DDTC to remain consistent on this path,” he said.

    The concept of officium nobile, he continued, departs from the assumption that in essence a profession is not only oriented for profit, but also how to give or dedicate its expertise for tax purposes.

    DDTC Founder, Danny Septriadi, said that all external parties of DDTC are clients. Therefore, DDTC has a professional responsibility to the tax community. Various products, services, or activities are always focused on fulfilling these responsibilities. “Hopefully, this award can spur DDTC professionals to continue to contribute to the coloring of the Indonesian taxation world,” said Danny.

  • UNS Community Service Team Supports Corn Processing Entrepreneurs in Boyolali

    UNS Community Service Team Supports Corn Processing Entrepreneurs in Boyolali

    Prof. Dr. Rahmawati, M.Si., Ak., Dr. Rita Noviani, S.Si., M.Sc., Prof. Ir. Ubaidillah, S.T., M.Sc., Ph.D., and a group of students from Universitas Sebelas Maret (UNS) have conducted a community service program supporting Micro, Small, and Medium Enterprises (MSMEs) in Boyolali District.

    The team is assisting two local MSMEs engaged in corn processing in Boyolali: “Snack Kupu“ and “Keripik Jagung Bu Parni“. The support began in May 2024 and is ongoing.

    “Snack Kupu” specializes in a corn snack called “Marning” with their flagship product, “Marning Cornerz“, under the tagline “Marning Enak Gak Bikin Gigi Retak” (t/n Delicious Marning that Won’t Break Your Teeth). Founded by Siti Nurhasanah in 2019, the business offers two initial flavors, savory (original) and sweet-spicy, and has since expanded its range to five flavors: chocolate, cappuccino, vanilla, lemon, and strawberry.

    One of the business owner’s planned innovations includes offering a 20g sachet size to make the product more affordable for middle- and lower-income communities. However, due to a lack of sachet packaging equipment, this innovation has yet to be realized.

    “Keripik Jagung Bu Parni,” also founded in 2019, specializes in corn chips. Unlike “Snack Kupu,” Bu Parni’s chips remain less modern and more conventional, including in the production process, business management, financial systems, packaging, and marketing.

    The primary focus of the community service for these two businesses is to enhance the marketing of Marning as a flagship product for Boyolali, using a triple helix method encouraging collaboration between universities, business owners, and the Regional Government of Boyolali to create competitive, sustainable, and high-quality MSMEs.

    The overall approach to these activities includes technology provision, education, hands-on support, and direct engagement with the business partners. The planning phase of this initiative began with problem identification, conducting surveys of the partners’ conditions, discussions, followed by the signing of cooperation agreements, which will serve as the foundation foundation for proposal development.

  • MM Program Sharing Session: Gratitude Toward Alumni Support in Making FEB UNS Better

    MM Program Sharing Session: Gratitude Toward Alumni Support in Making FEB UNS Better

    The amicable relationship between the Faculty of Economics and Business, Universitas Sebelas Maret (FEB UNS), and its alumni has been notably strong, especially over the past two years. This bond is reflected in the establishment of the KAFEB Foundation and the initiation of an endowment fund known as ‘Watu Abadi’. Numerous alumni, including the 1989 cohort, have actively contributed at the Watu Abadi.

    This statement was made by Dr. Dwi Prasetyani, SE. M.Si., Director of the Directorate of Alumni and Student Entrepreneurship at UNS, during the opening remarks of the Sharing Session titled “Balancing Corporate, Business, and People Development.” The event was hosted by the Master of Management (MM) Program FEB UNS on Saturday, September 21, 2024, in the Konimex Hall, Bachtiar Effendi Building.

    Dr. Prasetyani further explained that scholarships provided by KAFEB have shown remarkable growth over the past two years. In its first year, the fund allocation stood at around IDR 24 million, which then increased significantly to IDR 184 million in the second year. These scholarships are awarded based on three criteria: financial need, academic achievement, and active involvement in campus activities.

    In addition to KAFEB scholarships, there is also the “Bakti Almamater” program, which provides support for students through mentorship, job placements in state-owned enterprises, and opportunities in the banking sector. KAFEB provides mentoring and assistance starting from application to interview stages. Additionally, Bakti Almamater KAFEB also offers financial support for students participating in achievement-oriented activities.

    “The Faculty highly appreciates and looks forward to further support from alumni. This support needs to be effectively communicated, thus, it can truly elevate FEB’s achievements, ultimately enhancing the faculty’s reputation nationally and internationally,” she explained.

    Moreover, there is an additional fundraising initiative outside of KAFEB called “Gerbang Pitulungan,” donations specifically established by the alumni for student scholarships.

    Dr. Prasetyani expressed her sincere gratitude and appreciation for the efforts of FEB UNS and KAFEB. “KAFEB UNS is a source of pride for us all. FEB is the only faculty at UNS with a dedicated foundation and endowment fund. Nationally, very few faculties have such resources. FEB UNS serves as a benchmark within UNS, setting an example for other faculties. Thank you to our alumni, who have shown exceptional commitment and integrity in supporting the advancement of FEB and UNS,” she concluded.

    Meanwhile, the Dean of FEB UNS emphasized the importance of fostering a sense of belonging among alumni. Alumni who maintain a strong connection to their alma mater, and feel pride and respect for it, contribute to its enduring value.

    “When alumni reach a certain point of success, our hope is that they remember their institution and recognize that it played a role in shaping them. The values and lessons learned at UNS hold lasting significance,” he added.

    The Sharing Session featured three guest speakers from the 1989 alumni cohort: Heri Purnomo, Director of HR and General Affairs at PT Alumni; Eko Ariantoro, Chief Commissioner of PT. Elnusa; and Danang Andriyanto from Bank Mandiri. The event was moderated by Retno Tanding Suryandari, Ph.D., Head of the MM Program, and attended by undergraduate, master’s, and doctoral students, as well as the alumni from 1989 cohort. The session was engaging and featured many door prizes for active participants.

  • Hundreds Attend BINS Goes to Campus: Research Workshop, Dissemination of Research Findings, and Promotion of Bank Indonesia Institute Research Center Programs

    Hundreds Attend BINS Goes to Campus: Research Workshop, Dissemination of Research Findings, and Promotion of Bank Indonesia Institute Research Center Programs

    Bank Indonesia Institute (BINS), in collaboration with Universitas Sebelas Maret (UNS), hosted “BINS Goes to Campus: Research Workshop, Dissemination of Research Findings, and Promotion of Bank Indonesia Institute Research Center Programs (PRBI).” The event, spanning from Thursday to Saturday, September 19–21, 2024, at the UNS Inn Convention Hall, was attended by academics, lecturers, students, practitioners, and researchers.

    On the first day, Thursday, September 19, 2024, the program began with a lecture delivered by Prof. Irwan Trinugroho, Vice-Rector for Planning, Collaboration, Internationalization, and Information Affairs UNS, with material entitled “Industrial Policy Directions and Downstreaming Strategies to Support Sustainable Growth in Indonesia.”

    Prof. Irwan highlighted that the “National Industrial Development Master Plan (RIPIN) 2015–2035” prioritizes 21 commodities for downstream processing in Indonesia. These commodities span sectors such as mining, agriculture, and plantations, including palm oil. He explained that much of Indonesia’s palm oil exports currently consist of crude palm oil (CPO). Transforming CPO into refined palm oil, which holds greater market value, exemplifies the downstreaming concept—shifting from raw material exports to finished goods.

    “Downstreaming must not be generalized across all commodities but rather approached selectively, based on market analysis and cost-benefit reviews. It should not be influenced by political agendas or image-building efforts,” he explained.

    Downstreaming, he emphasized, must deliver clear added value when transitioning from raw materials to processed goods. Without robust market analysis and cost-benefit evaluations, it may fail to provide economic advantages. Furthermore, successful downstreaming requires strong national policies, such as Indonesia’s export ban on nickel ore and progressive export tariffs on cocoa beans.

    Prof. Irwan also recommended integrating renewable energy into downstreaming processes, empowering local communities through engagement, and enhancing oversight and law enforcement. He highlighted the positive outcomes of downstreaming, citing Indonesia’s nickel product exports reaching a record high of USD 4.5 billion during January–November 2023, driven by active government policies.

    Following the lecture, a “Research Dissemination session was led by Dr. Danny Hermawan from BINS, on the topic of “Climate Change Implications on the Growth at Risk Framework: Some Evidence from Indonesia.” The day concluded with a podcast by Prof. Noer Azam Achsani from IPB University, focusing on “The Role of Generation Z in Economic Development in the Digital Era.”

    On the second day, Friday, September 20, 2024, the program continued with lectures by Prof. Iwan Jaya Azis, Research Scholar at Bank Indonesia–Cornell University, discussing “Regional Productivity Development in Indonesia,” and Prof. Hermanto Siregar from Perbanas Institute, covering “The Readiness and Challenges of Indonesia’s Human Resources in Supporting Sustainable Economic Growth in the Digital Era.”

    The agenda also included a Research Workshop led by Prof. Paresh Narayan from Monash University, Australia, discussing the topics on “Publication-Worthy Manuscripts,” and a session promoting journals and programs under PRBI by Bank Indonesia Institute.

    On the final day, Saturday, September 21, 2024, the event featured a lecture on “Quantitative Methods for Research” by Prof. M. Firdaus from IPB University. Additionally, BINS conducted a parallel Research Clinic sessions, offering research consultations by internal and external Bank Indonesia researchers for undergraduate and master’s students.

  • Cybersecurity in Banking Talk Show: Collaboration Among Infobank Media, FEB UNS, and ISEI

    Cybersecurity in Banking Talk Show: Collaboration Among Infobank Media, FEB UNS, and ISEI

    Infobank Media Group, in collaboration with the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS), and the Indonesian Economists Association (ISEI), hosted a Talk Show and Book Launch on Bank Cybersecurity on Wednesday, September 18, 2024. The event took place in the Suhardi Building Auditorium at FEB UNS.

    With over 200 participants in attendance, the talk show was part of the broader activities of the 22nd ISEI Congress. The event invited two prominent speakers: Zuwin Adriano, Business Development Manager at Privy, and Roberto Akyuwen, author and Head of the Financial Services Authority (OJK) for Jabodetabek and Banten Province.

    Several distinguished guests attended the event, including Bhimo Rizky Samudro, SE, M.Si., Ph.D., Dean of FEB UNS; Apriyani Kurniasih, Director of Infobank; Eko B Supriyanto, Chairman of Infobank; and Lukman Hakim, S.E., M.Si., Ph.D., Chairman of ISEI Surakarta.

    The Dean of FEB UNS extended his gratitude and appreciation for the talk show, emphasizing its relevance to academics and students. “This topic is highly beneficial, especially for us in academia and our students. It is essential for them to develop their knowledge, particularly those in the Digital Business program, one of FEB’s highly sought-after majors. I hope the students pay close attention to today’s topic, Cybersecurity in Banking, as it is incredibly important,” he stated.

    The Dean also appreciated the collaboration with ISEI, describing the talk show as an excellent initiative that brought together various stakeholders. He expressed hope for continued partnerships and future joint activities beyond this event.

    In his opening remarks, Eko B Supriyanto, Chairman of Infobank Media Group, highlighted the remarkable contribution of The Cybersecurity in Banking Book by Roberto Akyuwen. “In a country like Indonesia, where financial, digital, and cybercrime literacy remains low, this book by Mr. Roberto stands out with over 600 pages of rich content. It integrates theories, regulations, real-world practices, and research findings. Such comprehensive resources are rare, making this book an extraordinary contribution,” he remarked.

    As the book’s editor, Eko noted its engaging content and emphasized its central theme: strategies to mitigate cybercrime risks in the banking sector.

    The book offers a clear definition of cybercrime, describing it as illegal or fraudulent activities carried out using digital technology and the internet. The initial chapters detail various types of cybercrime, including phishing, malware, ransomware, and internal threats. It provides real-world examples from global incidents, illustrating the diverse nature of cyber threats. Financial institutions, in particular, face a rising trend of cyberattacks, with occurrences happening almost every minute worldwide.

    Eko stressed the importance of a strong leadership commitment to cybersecurity, calling for a balance between security measures and operational convenience. “Top management must prioritize cybersecurity. Leaders at the highest levels need to be aware, as it cannot be relegated to just one department. This is an ongoing process, requiring consistent attention beyond initial investments in IT. This book underscores that lesson,” he explained.

    The book also offers a detailed guide on crisis protocols and actionable steps to take in the event of a cyberattack. Its final chapter emphasizes the development of a cybersecurity culture, identifying three critical elements: safety, vigilance, and preparedness, which should form the foundation of workplace practices.

  • FEB UNS and FEIS UBakrie Sign Partnership for Higher Education Tri Dharma Implementation

    FEB UNS and FEIS UBakrie Sign Partnership for Higher Education Tri Dharma Implementation

    The Faculty of Economics and Business, Universitas Sebelas Maret (FEB UNS) has established a collaboration with the Faculty of Economics and Social Sciences (FEIS) at Universitas Bakrie (UBakrie). The partnership was formalized through the signing of a Cooperation Agreement on Friday, September 6, 2024, in Meeting Room 1 in the Soeharno TS Building.

    This cooperation agreement, which focuses on the Implementation of Tri Dharma of Higher Education, was signed by Prof. Dr. Dudi Rudianto, S.E., M.Sc., Ph.D., Dean of FEIS UBakrie, and Bhimo Rizky Samudro, S.E., M.Si., Ph.D., Dean of FEB UNS.

    The primary goal of this collaboration is to align joint programs aimed at developing each institution’s potential and to enhance synergy in resource optimization within FEB UNS and FEIS UBakrie. Together, they aim to realize the respective visions and missions of each faculty.

    The scope of the agreement includes cooperation in research development, seminars, guest lectures, student exchange programs, and student internships.

    The event was attended by leaders from Universitas Bakrie, including Tri Pujadi Susilo, S.E., M.M., Ak., CA., Vice Rector I of Universitas Bakrie, and Prof. M. Taufiq Amir, S.E., M.M., Ph.D., Head of the Undergraduate Management Program at FEIS Universitas Bakrie. FEB UNS was also represented by its Interim Vice Deans, Interim Program Heads, Coordinators, and Sub-Coordinators.

    The Dean of FEB UNS warmly welcomed the FEIS UBakrie delegation, expressing the faculty’s enthusiasm for partnerships across education, research, and community engagement. He emphasized that such collaborations offer valuable insights and benefits to both institutions involved.

  • BEM FEB UNS PPK Ormawa Team Launches Ndalem Waru in Karanganyar

    BEM FEB UNS PPK Ormawa Team Launches Ndalem Waru in Karanganyar

    The Student Executive Board (BEM) of the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS), through the Organizational Capacity Strengthening Program (PPK Ormawa), has officially launched the Ndalem Waru. This institution, developed in collaboration with the youth organization and local arts group Pasewa, was inaugurated as part of the Waru Cultural Festival. This annual cultural event, hosted by the Waru Village Government in cooperation with the local community and the Waru Artists Association (Pasewa), took place on Wednesday, August 28, 2024, in the village hall courtyard.

    The Ndalem Waru launching ceremony was attended by 35 of Ndalem Waru managing committee for the 2024-2029 term, village officials, 10 Pasewa representatives, community members, the Waru Village Chief, the PPK Ormawa BEM FEB UNS 2024 supervising lecturer, and other UNS representatives. Rosyid Tryanggana Alvi, the Head of the PPK Ormawa BEM FEB UNS Team, shared that this institution was initiated to create an inclusive platform that empowers the community while enhancing Waru Village’s reputation as a center of cultural arts.

    Supporting this vision, the Supervising Lecturer, Retno Tanding Suryandari, emphasized the benefits of the PPK Ormawa program. “The PPK Ormawa initiative brings valuable benefits to all participants—Waru Village as a partner, the student team, and UNS as the supporting institution. This launch signifies a strong commitment to sustaining the programs previously designed by BEM FEB students,” she remarked.

    The establishment of this institution involved a series of discussions and collaborations with the local community. Its primary focus includes initiatives in personal branding and social media development, including creating official social media accounts and a dedicated website to promote the cultural activities of Waru Village. Ndalem Waru is expected to mark a positive start in increasing community collaboration and engagement in preserving the artistic heritage of Waru Village, which has been recognized as a cultural art village.

    The institution also aims to raise public awareness about Waru Village’s identity as a cultural art hub. “I hope this institution encourages everyone in our community, whether young or old, artists or not, to work together to promote, preserve, and manage Javanese art and culture in Waru Village,” said Sularto, the Village Chief of Waru.

    The launch event also featured a performance of the “Ronggeng Nyentrik” dance by elementary school students from Waru Village School 01. Dance training is one of the programs introduced by the PPK Ormawa BEM FEB UNS 2024 Team, aimed at fostering an appreciation of cultural arts among the younger generation.

  • FEB UNS Holds Handover Ceremony to the New Dean

    FEB UNS Holds Handover Ceremony to the New Dean

    Following the recent inauguration of the Dean by the Rector of Universitas Sebelas Maret (UNS) on Thursday, September 5, 2024, at the UNS Auditorium, the Faculty of Economics and Business (FEB) held a Dean Handover Ceremony in Meeting Room I, Soeharno TS Building at FEB.

    The event, attended by all FEB UNS leadership, included the reading and signing of the handover document and the submission of the final report from the previous Dean’s term for 2019-2024.

    In his remarks, Prof. Drs. Djoko Suhardjanto, M.Com.(Hons)., Ph.D., Ak., Dean from 2019 to 2024, congratulated Bhimo Rizky Samudro, S.E., M.Si., Ph.D., on his inauguration as the new Dean of FEB UNS for the 2024-2029 term.

    Excitement filled the air as the Academic Support Staff warmly welcomed the new Dean in the lobby of the Soeharno TS Building following the inauguration.

    “Congratulations to Mr. Bhimo on his inauguration. The lively reception by the Academic Support Staff after the ceremony shows everyone’s support for Mr. Bhimo’s leadership,” Prof. Djoko remarked. Prof. Djoko also highlighted several achievements and developments at FEB UNS during his tenure, as well as some ongoing initiatives for the new Dean to continue the hard work.

    “Our undergraduate, master’s, and doctoral programs have all achieved top-tier accreditation, with the exception of the Digital Business program, which is currently in the accreditation process. Regarding international accreditation, we were previously accredited by AQAS, which is no longer recognized. I encourage Mr. Bhimo to pursue AACSB accreditation, the international standard recognized by the Ministry of Education, which requires everyone’s support,” he explained.

    Additionally, he noted that FEB’s International Class is well-established, being the only such program at UNS, but acknowledged that work remains to further enhance its success and reputation.

    Prof. Djoko pointed out that although much has been improved in terms of facilities, there are still areas that need attention, including international-standard classrooms, faculty offices, thesis examination rooms, and the expansion of the Al-Latief Mosque at FEB.

    He encouraged further development within FEB not solely through budgeted funds but also by seeking external collaborations and sponsorships.

    He also emphasized the importance of unity and cooperation among all FEB members, promoting harmony for FEB’s continued success. “Let’s bring everyone together without prioritizing any specific group, so FEB can thrive on an international level,” he stated.

    The new Dean expressed gratitude for Prof. Djoko’s advice. “Thank you, Prof. Djoko, for your valuable guidance. The advice and tasks you’ve shared are certainly challenging and inspiring for us. There are numerous areas that will require my best responses. As mentioned by the Rector, there will be two-year evaluation period, during which we could be replaced if we don’t respond effectively. This is a personal challenge for me to perform my duties well. Prof. Djoko’s final message will serve as a benchmark for us in the new Dean’s office, maintaining harmony at FEB and addressing the tasks at hand,” he explained.

    On this occasion, the Dean also extended his gratitude to the Vice Deans and Program Heads for their cooperation while he served as the Head of the S-1 Development Economics Program. He reminded everyone of the importance of learning from the virtues of past leaders and applying their valuable lessons.

    “Although my leadership style may differ, the aim remains the same—to make FEB into an even more progressive and successful faculty,” he concluded.

  • Encouraging Timely Graduation, Master of Management Program Holds New Student Orientation

    Encouraging Timely Graduation, Master of Management Program Holds New Student Orientation

    New students in the Master of Management (MM) Program at the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) participated in the program’s New Student Orientation, held on Saturday, August 31, 2024, at the Konimex Hall, Bachtiar Effendi Building, FEB UNS.

    The orientation included an introduction to the program by the Head of Program and Academic Information from the Academic Sub-Coordinator, as well as presentations by both academic and industry professionals.

    Speakers included Tri Mulyaningsih, Ph.D., and Dr. Nuryakin, who discussed academic writing techniques; Dr. Mulyanto and Dr. Roderikus Agus Trihatmoko, who focused on popular science writing; Suwarmin, MM., who covered Managerial Challenges; and Vika Laretha Dyahsasanti, S.E., who presented on Digital Literacy.

    Interim Vice Dean for Academic Research and Student Affairs at FEB UNS, Dr. Dwi Prasetyani, S.E., M.Si., opened the online session by warmly welcoming the new students and congratulating them on joining the MM program.

    “Congratulations! You are part of a select group. Many desire admission to the MM Program, and you have been accepted. At the university level, our MM program is one of the most sought-after, with a highly competitive admission process,” she shared.

    Dr. Dwi emphasized the program’s four-semester duration, advising students to stay focused and aim for timely graduation. She acknowledged that some postgraduate students find the publication requirement challenging, but assured that thorough preparation from the beginning would make it manageable. She stressed the importance of planning.

    “We are confident you will achieve all of this, and we hope you will excel, both as individuals and as representatives of FEB. We encourage you to actively publish and engage in academic activities,” she addressed the 44 new students in attendance.

    New students, she added, are essential in advancing knowledge and contributing to the future growth of FEB. MM Program Head, Retno Tanding Suryandari, Ph.D., also extended her welcome to the new MM students.

    According to her, the orientation aims to ensure students have a clear understanding of the program’s academic flow and know what they need to accomplish to graduate from the MM Program. The orientation was thoughtfully designed to be engaging and informative.

    Dr. Retno further detailed the MM Program profile, including its vision and mission, faculty, curriculum, facilities, extracurricular activities, and partnership programs. The MM curriculum is designed to allow students to complete their studies within four semesters, provided they stay motivated and focused. The program offers various facilities to support students’ learning experiences.

    “To complete the program, students must earn 36 credits, including core courses, elective courses, and thesis writing. Students are encouraged to graduate within four semesters, which is highly achievable. By the second semester, the goal is to have a thesis proposal in progress—don’t linger on campus longer than necessary,” she motivated.

    During the orientation, Dr. Retno also introduced ten fundamental qualities essential for master’s students: willingness, collaboration, hard work, motivation, creativity, consistency, learning, communication skills, commitment, and the ability to analyze and predict.

  • Management Program Introduces 2024 Wirausaha Merdeka Initiative

    Management Program Introduces 2024 Wirausaha Merdeka Initiative

    MBKM Wirausaha is part of the Merdeka Belajar Kampus Merdeka (MBKM) initiative, which focuses on fostering entrepreneurial development among Indonesian students. This program serves as an avenue for students to explore and cultivate entrepreneurial skills that may not be fully covered in conventional academic curriculums, making MBKM Wirausaha a vital solution.

    Launched by the Indonesian Ministry of Education, Culture, Research, and Technology (Kemendikbudristek), MBKM Wirausaha enables students to gain practical experience outside their academic courses through hands-on entrepreneurship activities.

    In 2024, Universitas Sebelas Maret (UNS) has been selected by Kemendikbudristek to host MBKM Wirausaha. This year’s program continues previous efforts, with FEB students having participated in past MBKM Wirausaha cohorts.

    Sarwoto, S.E., M.Sc., Ph.D., LSS.Cp., Acting Head of the S-1 Management Program at the Faculty of Economics and Business (FEB) UNS, addressed this during the 2024 Wirausaha Merdeka socialization event held online on Tuesday, September 3, 2024. This event was organized by the S-1 Management Program in collaboration with the Management Student Association (HMJ).

    According to Sarwoto, the S-1 Management Program actively supports MBKM, offering not only the MBKM Wirausaha pathway but also all eight MBKM options. “Each semester, we see new participants, and we hope our students will take full advantage of this opportunity to channel their talents, an opportunity for entrepreneurship simulation, and be mentored by experienced entrepreneurs, ultimately becoming quality entrepreneurs,” he encouraged.

    He emphasized that students joining MBKM Wirausaha are not merely learning to trade but are developing the skills of a true entrepreneur. “Remember to apply, and if accepted, report to the program head. Do not drop courses until you are officially accepted to avoid any issues,” he advised.

    Sarwoto also welcomed students to reach out with any questions regarding MBKM, assuring them of his support. Meanwhile, Dila Maghrifani, S.E., B.Sc., M.Sc., Ph.D., Coordinator of the MBKM Entrepreneurship Program for the S-1 Management Program at FEB UNS, highlighted that Wirausaha Merdeka 2024 offers various benefits, including access to funding, coaching clinics, startup communities, and opportunities for expos and business matching.

    Through this initiative, students can connect with venture capital, government agencies, communities, and university funding sources. Additionally, they will receive mentoring from business practitioners and gain hands-on experience in small and medium-sized enterprises (SMEs) to grow their businesses. Students will also have networking opportunities with other entrepreneurs, mentors, and investors, potentially paving the way for partnerships, further learning, and funding.

    Moreover, students have a unique chance to present their startup products or services to potential investors, business partners, and prospective customers.

    Responding to a participant’s question on business ideas, Dila advised that a business idea does not need to be overly detailed. “Your business idea doesn’t have to be overly specific. Just focus on explaining the why, what, and how of your concept. Why—why your business exists, identifying a problem in the market that you aim to solve; What—what your business is, the product, its features, and the benefits it offers to address the target market’s needs; and How—how you plan to reach your target market, whether digitally, offline, through expos, or other methods,” she explained.

    Dila further noted that Wirausaha Merdeka 2024 will only accept 400 undergraduate, master’s, and doctoral students from across Indonesia, urging students to register promptly.