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News

MD Field Study: Kebun Bagus Salatiga

News Tuesday, 28 October 2025

On Saturday, October 25, 2025, the Master of Science and Doctoral Program (MD) of the Faculty of Economics and Business, Universitas Gadjah Mada (UGM) held another field study and visit to Kebun Bagus Salatiga, a hydroponic vegetable and fruit garden in Semarang Regency, Central Java. Participants included Master of Science students, doctoral students, and educational staff from the MD Program. The field study aimed to provide hands-on experience in modern agribusiness management practices while strengthening the synergy between academic theory and real-world application.

The event began with a presentation by Ms. Eki and Mr. Bagus, the owners of Kebun Bagus

Salatiga, who shared inspiring stories about their journeys in building and developing this plantation business. In their presentations, they highlighted various challenges such as the Covid-19 pandemic, business competition, supply chain management, and the implementation of innovative agricultural technology. Through this session, participants engaged in a direct question and answer session with the owners and gained a deeper understanding of adaptive and sustainable strategies for navigating the dynamics of the agribusiness sector.

Following the presentation, participants were taken on a tour of the Kebun Bagus Salatiga area to see firsthand the hydroponically grown fruits and vegetables, from lettuce to melons. During the tour, participants received engaging explanations about the origins of plants, the characteristics of various types of fruits and vegetables, and their planting and harvesting times. This activity not only broadened their academic horizons but also provided valuable field experience in the real-world practice of the agribusiness industry.

Toward the end of the activity, participants had the opportunity to visit the Kebun Bagus Salatiga produce shop. Enthusiasm was evident as they selected a variety of fresh produce, including organic vegetables, tropical fruits, and processed products typical of Salatiga. The event concluded with a group photo session between participants and the study program administrators, as a memento of this inspiring and enjoyable experience.

“Graduation Celebration for the Master of Science and Doctoral Graduates FEB UGM – October 2025”

News Tuesday, 28 October 2025

The Master of Science and Doctoral Programs of the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM) held their graduation ceremony on Tuesday, October 21, 2025, in a moving and enthusiastic atmosphere at the BRI Auditorium, 3rd Floor, MD Building, FEB UGM. This event was a special moment to celebrate the graduation of 38 graduates from the Master’s Program and 13 graduates from the Doctoral Program, who have completed their academic journey with dedication and high commitment.

The series of events began promptly at 12:30 WIB with a graduation report from the Head of the Doctoral Program in Accounting, Prof. Jogiyanto Hartono M, M.B.A., CMA., Ph.D. In his report, he expressed his gratitude for the graduates’ achievements and expressed his appreciation for the perseverance and enthusiasm for learning they have demonstrated throughout their studies. Next, remarks were delivered by Bayu Sutikno, S.E., M.S.M., Ph.D., who was present on behalf of the Dean of FEB UGM. In his message, he conveyed his congratulations and encouraged the graduates to continue upholding the good name of their alma mater, both academically and professionally.

The pride was further heightened when the award was presented to Bayu Setyawan Suprayogi as an outstanding graduate of the Master of Science in Management Program with a GPA of 3.96 and cum laude honors. In his remarks, Bayu expressed his gratitude to all lecturers, administrators, and staff for their guidance and support throughout their studies. He advised his fellow graduates to continue learning and to view every challenge as an opportunity to grow and contribute. He stated that true success is not measured solely by a degree, but by the extent to which knowledge can benefit others. Bayu also encouraged the graduates to remain humble, maintain integrity, and carry a spirit of collaboration and innovation in every step forward.

In closing, the graduates received their transcripts from the heads of their respective study programs. The event then continued with a warm and meaningful group photo session, symbolizing their appreciation for the graduates’ struggles and achievements. An atmosphere of gratitude and pride pervaded the entire series of activities, reminding us that graduation is not the end of the journey, but rather the beginning of a new chapter to contribute more broadly to society and the world.

Guest Lecture: Concept of Sustainable Development

News Tuesday, 28 October 2025

Monday, October 20, 2025, the Master of Science and Doctoral Program (MD) FEB UGM held a Guest Lecture with the interesting topic “Concept of Sustainable Development” by inviting Prof. Budy P. Resosudarmo from the Australian National University as the main speaker. This guest lecture was moderated by Eny Sulistyaningrum, M.A., Ph.D as a Lecturer in the Department of Economics FEB

UGM. This activity was carried out offline at 10:00–12:30 WIB in the Lippo Room, 2nd Floor of the Master of Science and Doctoral Building FEB UGM.

In his presentation, Prof. Budy P. Resosudarmo comprehensively explained the concept of sustainable development, from its early history to its development, now embodied in the 17 Sustainable Development Goals (SDGs). He emphasized that sustainability is not simply an environmental issue, but also encompasses integrated social and economic dimensions. Through a systematic presentation, Prof. Budy illustrated how the SDGs serve as a global guideline for promoting inclusive, equitable, and sustainable development.

He further discussed the implementation of the SDGs in Indonesia, including the challenges and opportunities faced in integrating sustainability principles into national development policies. He also presented an analysis of Indonesia’s Gross Domestic Product (GDP) development and its relationship to achieving sustainable development goals. Using the latest economic data and trends, Prof. Budy encouraged participants to understand how economic growth can be directed beyond mere numerical focus to consider long-term sustainability. The event was interactive, with numerous critical questions from participants, reflecting the high enthusiasm for deepening their understanding of sustainability within the context of the national economy. The event concluded with a group photo session, marking the end of this insightful and inspiring guest lecture.

MD Research Forum “Navigating Power-Dependence and Paradoxes: Studies of Human Resource Management at Work Integration Social Enterprises in Japan”

News Tuesday, 28 October 2025

On Friday, October 17, 2025, the Master of Science and Doctoral Program (MD) of the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM) once again held the MD Research Forum on the topic “Navigating Power-Dependence and Paradoxes: Studies of Human Resource Management at Work Integration Social Enterprises in Japan.” This event took place offline from 9:00–11:30 a.m. WIB in the Lippo Room, W Floor, MD Building, FEB UGM.

The forum featured Bita Puspitasari, S.E., M.Econ., Ph.D. (Lecturer in the Department of Management, FEB UGM) as the keynote speaker. In her presentation, she presented the results of her dissertation research, which reexamines the concept of accountability not only as an administrative mechanism but also as a social construct influenced by the organizational context and interactions between stakeholders in work integration social enterprises (WISE) in Japan.

Ms. Bita emphasized that in the context of WISE, the relationship between power and dependency creates complex dynamics in human resource management practices. Accountability, in this context, is not simply about adherence to formal procedures, but also a social practice that reflects values, beliefs, and moral responsibility toward employees, communities, and organizational partners. With

this perspective, her research provides new insights into how accountability can be a tool for navigating the paradox between social and economic demands, while simultaneously strengthening the legitimacy and sustainability of social organizations.

The discussion was interactive, with participants raising critical questions, particularly regarding topics, methods, and tools used in qualitative research. This event provided a space for reflection, enriching participants’ insights, opening new perspectives on understanding human resource management practices in the social sector, and encouraging the development of more contextual and relevant research ideas.

The event concluded with a group photo session with the speakers and all participants. Through this forum, MD FEB UGM reaffirmed its role as a platform for developing academic thought and research that contributes significantly to both academia and professional practice.

Guest Lecture: Recent Publications in Tourism, Technology, and Services

News Tuesday, 28 October 2025

On Thursday, October 16, 2025, the Master of Science and Doctoral Program (MD) FEB UGM held a Guest Lecture on the exciting topic “Recent Publications in Tourism, Technology, and Services,” inviting Prof. Carlos Flavian from the University of Zaragoza, Spain, as the keynote speaker. This guest lecture was moderated by Rokhima Rostiani, S.E., M.Mgt., a Lecturer in the Department of Management, FEB UGM. This activity was held offline from 9:00 AM to 12:00 PM WIB in the BRI Auditorium, 3rd Floor of the Master of Science and Doctoral Building, FEB UGM.

In his presentation, Prof. Carlos Flavian shared valuable insights on how researchers can compose and write good, clear scientific articles that have a high chance of being published in reputable journals. He emphasized the importance of clarity in the writing structure, starting from the formulation of relevant and current research problems, the use of appropriate methodology, to the presentation of results and discussions that are logical and based on strong evidence. Prof. Carlos also provided several important tips for the publication process, such as identifying key gaps or current issues, determining appropriate methodology, writing clearly and with significant impact, and avoiding common mistakes that often lead to manuscript rejection.

He also encouraged young researchers to be more critical in developing research ideas that offer novelty and theoretical and practical contributions, particularly in the fields of tourism, technology, and services. The discussion was lively, with many participants enthusiastically asking questions about publication strategies and the challenges of interdisciplinary research. The event concluded with a group photo session of the speakers, moderator, and participants, concluding this inspiring guest lecture.

MD Research Forum “Rethinking Accountability as a Social Construct: Insight from the NGO Sector”

News Friday, 10 October 2025

On Friday, October 3, 2025, the Master of Science and Doctoral Program (MD) at the Faculty of Economics and Business, Universitas Gadjah Mada (UGM) once again held the MD Research Forum on the topic “Rethinking Accountability as a Social Construct: Insight from the NGO Sector.” This event took place offline from 9:00–11:30 a.m. in the BRI Auditorium, 3rd Floor of the MD Building, FEB UGM.

The forum featured Amanda Acintya, S.E., M.Sc., Ph.D. (Lecturer in the Department of Accounting, FEB UGM) as the keynote speaker. In her presentation, she presented the results of her thesis and dissertation research, which reexamined the concept of accountability not merely as an administrative mechanism but also as a social construct influenced by the organizational context and stakeholder interactions.

Dr. Amanda emphasized that in the NGO sector, accountability cannot be understood narrowly as a formal report alone, but rather needs to be seen as a social practice that reflects values, beliefs, and relationships with beneficiary communities and donor institutions. With this perspective, his research provides new insights into how accountability can promote transparency, build trust, and strengthen organizational legitimacy.

The discussion was interactive, with participants raising critical questions, particularly regarding the implementation of the accountability concept in NGO management practices in Indonesia and globally. This forum provided a space for reflection, enriching insights, opening new perspectives, and encouraging participants to think more critically about the role of accountability in nonprofit organizations.

The event concluded with a group photo session with the speakers and all participants. Through this forum, the MD FEB UGM reaffirmed its role as a platform for developing academic thought and research that contributes

Dies Natalis MD FEB UGM

News Friday, 10 October 2025

On Monday, September 29, 2025, the Master of Science and Doctoral (MD) Program at the Faculty of Economics and Business, Gadjah Mada University (FEB UGM) held a thanksgiving ceremony to commemorate its 45th anniversary in the lobby of the MD Building.

The event opened with remarks from the Head of the Doctoral Program in Management, Prof. Dr. Mamduh Mahmadah Hanafi, M.B.A., who outlined the various achievements of the MD program. To date, doctoral students have published 39 publications in reputable international journals indexed by Scopus and 43 in national journals indexed by Sinta. Meanwhile, master’s students have published 18 international publications and 25 national publications.

In addition to publications, MD FEB UGM also continues to strengthen its global academic network. The master’s program has established dual-degree partnerships with seven international universities, including the University of Glasgow, England. For the doctoral program, dual-degree partnerships with several partner universities abroad are currently being explored.

The Dean of the Faculty of Economics and Business (FEB) UGM, Prof. Dr. Didi Achjari, S.E., M.Com., Akt., also expressed his appreciation for this achievement. In his remarks, he expressed his hope that FEB UGM would continue to maintain its international accreditation while expanding global collaborations, so that more international students and lecturers could study at UGM.

As a symbol of gratitude and renewed enthusiasm, the event concluded with the cutting of a tumpeng (rice cone) by Prof. Dr. Didi Achjari, S.E., M.Com., Akt., which was then handed over to the Head of the Master of Science in Accounting Study Program, Fu’ad Rakhman, S.E., M.Sc., Ph.D., CA.

Through this momentum of the 45th Anniversary commemoration, the MD of FEB UGM reaffirmed its commitment to continuously improving the quality of education and research, while expanding its benefits to society. This aligns with FEB UGM’s mission to develop future leaders in the fields of economics and business with integrity and a focus on sustainability.

MD Research Forum “Modelling Multi-Level Predictors of Academic E-Entrepreneurship: Empirical Evidence across ASEAN Countries”

News Friday, 10 October 2025

On Friday, September 26, 2025, the Master of Science and Doctoral Program (MD) of FEB UGM once again held the MD Research Forum with the topic “Modelling Multi-Level Predictors of Academic E-Entrepreneurship: Empirical Evidence across ASEAN Countries.” The event took place offline from 1:30 to 4:00 PM at the BRI Auditorium, 3rd Floor of the MD FEB UGM Building.

The forum featured Rico Saktiawan Jang Jaya, S.E., MBA, Ph.D. (Lecturer at the Department of Management, FEB UGM) as the keynote speaker. In his presentation, he delivered the findings of his dissertation research, which explored how multi-level factors, including individual, institutional, and environmental aspects, play a role in shaping academic e-entrepreneurship across ASEAN countries.

He emphasized that the development of academic e-entrepreneurship does not solely depend on individual capabilities but is also influenced by institutional support and environmental conditions that foster the creation of academic-based entrepreneurial ecosystems. Thus, this research provides new insights into the importance of cross-level collaboration to strengthen academic innovation in the digital era.

The interactive discussion opened opportunities for participants to ask questions and provide feedback, particularly regarding the practical implications of the research findings for entrepreneurship development in higher education and its potential application across the ASEAN region. Participants showed great enthusiasm by raising critical questions, reflecting a strong interest in gaining a deeper understanding of the dynamics of academic e-entrepreneurship.

The event concluded with a group photo of the speaker, moderator, and all participants. The forum is expected to enrich academic insights while serving as a platform to foster a collaborative and innovative research culture within MD FEB UGM.

Public Lecture “Master Course in Research Method: What Can Researchers Learn from Chess?”

News Monday, 1 September 2025

On Friday, August 29, 2025, the Master of Science and Doctoral Program (MD) of the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM) in collaboration with the Department of Economics, FEB UGM, held a public lecture on the engaging topic “Master Course in Research Method: What Can Researchers Learn from Chess?” featuring Dr. David Smerdon (Senior Lecturer at the University of Queensland’s School of Economics) as the keynote speaker. This event was held offline from 9:00–11:00 a.m. WIB in the BRI Auditorium, 3rd Floor of the Master of Science and Doctoral Building, FEB UGM.

In his presentation, Dr. David outlined the relationship between chess strategy and scientific research approaches. He emphasized how researchers can learn from chess principles, from move planning and decision-making under uncertainty to long-term strategic thinking, to improve the quality of research that is more systematic, creative, and impactful.

He also provided concrete examples of the steps in a chess game, from a well-planned opening, adaptive midgame strategy, to the decisive endgame, and related them to the research process, which requires thorough initial planning, dynamic data management, and strong conclusions. The discussion provided inspiring insights for participants to develop more tactical, strategic, and reflective thinking in their academic research journeys.

During the discussion session, participants demonstrated high enthusiasm by raising various critical questions related to the application of chess principles in research. Dr. David emphasized that chess not only trains cognitive skills such as concentration, memory, and pattern analysis, but also teaches the importance of tactical thinking and anticipating several moves ahead. Similarly, in research, a researcher is required to formulate hypotheses, predict various possible outcomes, and prepare alternative strategies when faced with data uncertainty or methodological constraints. The event concluded with a group photo session of the speakers, moderator, and all participants, capturing valuable moments from this public lecture.

Public Lecture with BPJS Kesehatan

News Wednesday, 27 August 2025

On Thursday, August 21, 2025, the Master of Science and Doctoral Program (MD) of the Faculty of Economics and Business, Universitas Gadjah Mada (UGM) in collaboration with BPJS Kesehatan (Indonesian Health Insurance Agency) held a public lecture entitled “The Development of BPJS Kesehatan in the Era of Global Economic Uncertainty & BPJS Kesehatan’s Strategy in This Era.” The lecture featured Prof. Dr. Ali Ghufron Mukti, M.Sc., Ph.D. (President Director of BPJS Kesehatan) as the keynote speaker, moderated by Dr. Novat Pugo Sambodo, a lecturer in the Department of Management Science, FEB UGM. This eventwas held offline from 09:00-11:00 WIB in the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM.

On this occasion, Prof. Ali Ghufron Mukti explained that BPJS Kesehatan faces various challenges amidst global economic uncertainty, ranging from fluctuating macroeconomic conditions, fiscal risks due to increasing healthcare financing burdens, to the challenge of maintaining service quality with a growing number of participants. He emphasized that this situation requires BPJS Kesehatan to remain adaptive and innovative in maintaining financial stability while ensuring equitable and equitable services for all Indonesians. He further outlined several BPJS Kesehatan achievements, including the successful expansion of JKN (National Health Insurance) coverage, which now covers almost the entire population, the implementation of service digitalization to improve efficiency, and increased participant satisfaction through technology-based service innovations.

This public lecture also featured an interactive session, where participants had the opportunity to ask direct questions regarding BPJS Kesehatan’s challenges and strategies. The discussion was dynamic, addressing current issues such as health insurance financing mechanisms, digital-based service transformation, and efforts to strengthen collaboration with various stakeholders. The event concluded with an in-depth discussion between the speakers and participants, which enriched their understanding of BPJS Kesehatan’s role in maintaining the sustainability of the national health system amidst global uncertainty. Through this public lecture, it is hoped that students and academics from the Faculty of Economics and Business, Gadjah Mada University (UGM) will gain strategic insights into the challenges and opportunities in managing national health insurance.

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Universitas Gadjah Mada

Universitas Gadjah Mada
Faculty of Economics and Business
Master of Science and Doctoral Study Program
Jln. Nusantara, Kampus UGM, Bulaksumur, Yogyakarta
Indonesia 55281
+62 (274) 580726, 524607-609
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+62 817-5464-545, +62 822-4286-6665, +62 812-2801-6668
pascaeko@ugm.ac.id

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