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News

“International Seminar and Publication Forum 2025 – Navigating Global Research Impact: From Local Relevance to Scopus Q1 Publications”

News Monday, 4 August 2025

The Master of Science and Doctoral Program (MD) of FEB UGM, in collaboration with LPDP UGM Chapter, successfully held the International Seminar and Publication Forum 2025 on Thursday, July 24, 2025. The seminar carried the theme “Navigating Global Research Impact: From Local Relevance to Scopus Q1 Publications,” emphasizing the importance of bridging locally relevant research with internationally recognized publication standards.

The event featured keynote speaker Prof. Dr. Hiram Ting, a distinguished academic from Malaysia who was listed among the world’s top 2% scientists in business, management, and marketing by Stanford University and Elsevier in 2024. Prof. Hiram Ting is also known as the Editor-in-Chief of two Scopus Q1-indexed journals (Young Consumers and Journal of Applied Structural Equation Modeling), and currently serves as the President Director of Responsible Borneo (REBORN).

In his presentation, Prof. Hiram Ting provided in-depth insights into strategies for publishing in reputable journals, particularly Scopus Q1 outlets. He emphasized the importance of understanding a journal’s scope and direction, following current research trends, and constructing a strong and relevant scholarly narrative as key factors to increase publication success. He also introduced the concept of authorial positioning, how authors strategically place themselves and their research within the global academic discourse, not merely as contributors but as meaningful voices offering new perspectives.

Moreover, Prof. Hiram Ting highlighted the vital role of international research collaboration and networking in amplifying research impact, enhancing scholarly credibility, and creating opportunities for broader academic partnerships. He also acknowledged the challenges commonly faced by researchers from developing countries, such as limited access to academic journals and references, insufficient writing mentorship, and language barriers. In response, he offered practical advice including joining research communities, actively participating in publication forums, and familiarizing oneself with international academic writing standards.

The seminar, moderated by Riana Ekawati, was held in a hybrid format, on-site at the BRI Auditorium, FEB UGM and online via Zoom, from 08:30 to 11:30 WIB. The session was dynamic and interactive, with enthusiastic participation from students, faculty members, and early-career researchers alike. The forum served as both a reflective space and a motivational platform for the academic community to enhance research impact, strengthen global networks, and elevate the quality of scientific publications. Through initiatives like this, FEB UGM particularly the Master of Science and Doctoral Program reaffirms its commitment to expanding global academic horizons and promoting meaningful research contributions on the international stage.

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

News Monday, 4 August 2025

The Master of Science and Doctoral Program at FEB UGM held a heartfelt and inspiring graduation ceremony on Wednesday, July 23, 2025, at the BRI Auditorium, 3rd Floor of the MD FEB UGM Building. This special event celebrated the graduation of 14 students from the Master of Science Program who had completed their academic journey with exceptional dedication and commitment.

The ceremony began promptly at 12:30 PM (WIB) with an opening report delivered by Mr. Dr. Fu’ad Rakhman, S.E., M.Sc., Ph.D., CA., the Head of the Master of Science in Accounting Program. In his report, he expressed his gratitude for the achievements of the graduates and appreciated their perseverance, discipline, and relentless pursuit of knowledge throughout their studies. The event continued with a speech from Mr. Dr. Gumilang Aryo Sahadewo, S.E., M.A., Ph.D., representing the Dean’s Office of FEB UGM. He extended his congratulations to the graduates and encouraged them to carry the good name of their alma mater into their professional and academic futures.

The ceremony was made even more memorable by the announcement of Muhamad Satya Ragil Kencono as the outstanding graduate from the Master of Science in Management Program. With a remarkable GPA of 3.97 and cum laude honors, Gili delivered a heartfelt message of gratitude to all lecturers, program administrators, and academic staff for their continuous support and guidance throughout his academic journey at MD FEB UGM. He also shared an uplifting message with fellow graduates, encouraging them to embrace the essence of being lifelong learners—not merely in pursuit of degrees, but by remaining intellectually curious, open to change, and sincerely committed to making a meaningful impact on society. For Gili, being a true learner is not confined to the classroom, it is a lifelong commitment that continues with every step we take.

To conclude the ceremony, the graduates received their academic transcripts directly from the heads of their respective study programs. This was followed by a group photo session filled with joy and meaning, as the graduates captured this special moment alongside program leaders and administrators. The entire event was marked by warmth, gratitude, and pride, serving as a reminder that graduation is not the end, but the beginning of a greater journey of contribution and purpose.

“Guest Lecture – From Challenges to Opportunities: Agentic Artificial Intelligence for Low-Resources Languages”

News Friday, 23 May 2025

The Master of Science and Doctoral Program of FEB UGM held a guest lecture titled “From Challenges to Opportunities: Agentic Artificial Intelligence for Low-Resource Languages.” The event featured Prof. Nir Kshetri, a renowned academic from the University of North Carolina, Greensboro, USA, widely recognized for his work in technology, digital policy, and innovation-driven economic transformation. The lecture took place in the Satyajaya Room, 2nd floor of the Master of Science and Doctoral Building at FEB UGM, from 09:00 to 11:00.

In his presentation, Prof. Nir Kshetri highlighted the challenges of developing artificial intelligence (AI) for low-resource languages—languages that still faced limitations in terms of digital data, documentation, and technological support. While AI had made rapid advancements for global languages such as English, Mandarin, and Spanish, there were still few comprehensive solutions for local or minority languages, including many regional languages in Indonesia.

Through the approach of agentic AI—that is, artificial intelligence capable of making decisions and taking action based on specific contexts—Prof. Kshetri emphasized the tremendous potential that could be harnessed by speakers of local languages. He explained that, when properly directed, this technology could support cultural preservation, the development of mother-tongue-based education systems, and improve access to digital information and public services for communities that had long been marginalized in terms of technology.

He also stressed the importance of international collaboration among countries, academic institutions, and the tech industry in creating inclusive and unbiased AI models. According to him, the future of AI was not only about more advanced technologies but also about becoming fairer, more inclusive, and reaching all levels of global society.

The guest lecture strengthened FEB UGM’s commitment to delivering contextual and globally relevant learning. The discussion was dynamic and broadened participants’ perspectives on the intersection of AI, language policy, and social development. Participants expressed great enthusiasm and positively welcomed the interdisciplinary discourse, as it provided practical insights that directly addressed local challenges and contributed to sustainable development.

Guest Lecture – Statistics Applied on Health Economics

News Tuesday, 20 May 2025

The Master of Science and Doctoral Program at FEB UGM held a guest lecture titled “Statistics Applied on Health Economics”, featuring Dr. Maria Garcia Reyes, Senior Lecturer in Economics at the University of York, UK. The lecture took place in person at the Bakrie Room, 2nd Floor of the MD FEB UGM Building, and was open to both the academic community and the general public interested in health economics.

During the two-hour session, Dr. Garcia Reyes presented two main subtopics: “Introduction to Health Economics” and “The Effect of Income on Health Expenditures.” The lecture aimed to provide a foundational understanding of how economic approaches can be used to analyze health-related issues, and how statistics serve as a crucial tool in data-driven policy-making.

Dr. Garcia Reyes explained that health economics is a field that studies how resources are allocated for healthcare services and how economic factors, such as income, influence individual and household decisions in spending on health. She emphasized the importance of data analysis and statistical methods in measuring the relationship between income levels and public health expenditures.

Using panel data and quantitative methods, researchers can evaluate whether increased income genuinely improves access to quality healthcare or instead widens existing disparities. The lecture also highlighted the importance of inclusive and evidence-based policies in ensuring efficiency and equity within healthcare systems.

This guest lecture reaffirmed FEB UGM’s commitment to delivering contextual and globally relevant education. Participants expressed great enthusiasm and responded positively to the interdisciplinary insights presented, as they offered practical perspectives on how economics can contribute to addressing public health issues in Indonesia and globally.

“Guest Lecture – Artificial Intelligence in Management”

News Wednesday, 30 April 2025

From Tuesday to Thursday, April 22–25, 2025, the Master of Science and Doctoral (MD) Program at the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), held a guest lecture titled “Artificial Intelligence in Management”, featuring Dr. Harald Puhr, M.Sc., M.I.M., Assistant Professor from the University of Innsbruck, Austria, as the keynote speaker.

The guest lecture took place offline over three days in the Bakrie Room, 2nd floor of the Master of Science and Doctoral Building at FEB UGM. Each day was divided into two sessions: a morning session from 9:00 AM to 11:30 AM and an afternoon session from 1:00 PM to 3:30 PM.

Each lecture began with an interactive quiz to gauge the audience’s initial understanding of Artificial Intelligence (AI), followed by a brief presentation of Dr. Puhr’s academic and professional background.

In his presentation, Dr. Puhr thoroughly explained the basic concepts of Artificial Intelligence and its potential applications in a management context. AI was introduced as a branch of computer science aimed at developing intelligent systems capable of performing tasks like humans. One of its subfields, Machine Learning, focuses on developing algorithms that can learn from data.

The second day’s session focused more on the application of AI, particularly in relation to data bias. Dr. Puhr emphasized that the output of generative technologies like AI heavily depends on the datasets used, which can potentially introduce certain biases.

On the final day, students deepened their understanding through hands-on practice based on what they had learned. This activity aimed to enhance students’ comprehension of how AI can be utilized in the field of management. Throughout the sessions, participants demonstrated high enthusiasm, as shown by their active participation in discussions and Q&A sessions. The lectures concluded with a group photo session.

“MD Field Study – Kirana Agro Wisata, Borobudur”

News Tuesday, 29 April 2025

The Master of Science and Doctoral Program of FEB UGM held a graduation celebration at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM. Behind the cap and the happy smiles of the graduates of the Master of Science and Doctoral programs at FEB UGM, there is a touching story of struggle. One of them is Rizki Oktavianto, a graduate of the Master of Science in Accounting program, who represented his fellow graduates in delivering the commencement speech.

On Saturday, April 26, 2025, the Master of Science and Doctoral (MD) Program of the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), once again organized a field study activity by visiting Kirana Agro Wisata, an innovative agrotourism destination located in the Borobudur area, Magelang. The event was attended by Master of Science students, Doctoral Program students, academic staff, and administrators of the MD Program FEB UGM, including Dr. Sahid Susilo Nugroho, M.Sc.

The activity aimed to enrich participants’ insights into modern agribusiness management while strengthening the integration between the academic theories learned in the classroom and real-world practices in the field.

The visit began with a presentation session by Prof. Wihana Kirana Jaya, who is also the founder of Kirana Agro Wisata. During this session, Prof. Wihana shared his inspiring experiences in building and developing a plantation business, as well as providing insights into the concepts of democratic economy, sustainability, and circular economy. The session was highly interactive, with participants showing great enthusiasm. Many actively asked questions and offered critical ideas, all warmly welcomed by Prof. Wihana. As an appreciation, each participant who contributed to the discussion received a book authored by him.

Through this session, participants gained valuable insights into the importance of adaptive strategies and sustainable practices in the agribusiness sector, equipping them with broader perspectives for their future endeavors.

Following the discussion session, the activity continued with a tour of the durian plantation area, which is one of the main highlights of Kirana Agro Wisata. Participants had the opportunity to directly observe various types of durian plants being cultivated while listening to detailed explanations about the characteristics of each plant type, as well as information regarding planting times and harvest schedules. This hands-on experience added significant value, as participants were able to witness the real-world implementation of agribusiness theories.

The sense of togetherness grew stronger as all participants enjoyed fresh young coconuts and shared a lunch amidst the lush and cool atmosphere of the Borobudur area. A relaxed and friendly atmosphere was evident as participants chatted, took photos, and simply enjoyed the fresh air in the open garden.

To conclude the event, all participants and program administrators captured this precious moment with a group photo, marking the end of a day filled with learning, inspiration, and camaraderie.

Through this field study activity, the MD Program of FEB UGM remains committed to providing holistic learning experiences for students, bridging academic theory with real-world challenges and opportunities in the industry.

“Inspiring Story of Graduate Rizki Oktavianto: From Doubt, Mother’s Blessing, to M.Sc. Degree”

News Monday, 28 April 2025

The Master of Science and Doctoral Program of FEB UGM held a graduation celebration at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM. Behind the cap and the happy smiles of the graduates of the Master of Science and Doctoral programs at FEB UGM, there is a touching story of struggle. One of them is Rizki Oktavianto, a graduate of the Master of Science in Accounting program, who represented his fellow graduates in delivering the commencement speech.

Rizki’s journey was not easy. He began with great doubt about continuing his studies. However, words of encouragement from the students he taught as a high school teacher sparked his motivation to apply for the LPDP scholarship. The support didn’t stop there. When he was about to start his studies and was again filled with doubt, the prayers and sincere messages from his students became a source of inner strength that meant a lot.

During his 17 months and 9 days of study, Rizki held onto the belief that his knowledge was a gift from God that must be accounted for. He went through every process with sincerity, accompanied by his mother’s daily prayers and invocations for him after every prayer.

His greatest happiness was felt when he passed his thesis defense on January 23, 2025. Unfortunately, fate had other plans. His mother, who had prepared clothes and a bag to attend the graduation ceremony, passed away on the last day of Ramadan, joining his father who had passed away 20 years earlier. Despite this, Rizki believes that his mother was present, watching his achievement from the best place beside Him.

Rizki expressed his deep gratitude to his advisor, Prof. Sony Warsono, Ph.D., who not only provided academic guidance but also taught life lessons. He also expressed appreciation to his family, friends, and everyone who supported him throughout his journey.

Through this story, Rizki reminded everyone that an academic degree is not just about achievement, but also about gratitude, competence, and usefulness. He encouraged all the graduates to remain humble, even as they grow in knowledge, and to always apply the knowledge they have gained for the good of society, the nation, and the country.

As he concluded his speech with enthusiasm:

“Kelapa muda dicemplungi es, semoga kita semua sukses, gaes.”

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

News Monday, 28 April 2025

The Master of Science and Doctoral Program of FEB UGM held a graduation celebration at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM. This event was a special moment to celebrate the graduation of 38 students, consisting of 33 graduates from the Master of Science Program and 5 graduates from the Doctoral Program.

The series of events began promptly at 11:00 AM (WIB), starting with a report delivered by the Chair of the Master of Science in Economics Program, Mrs. Heni Wahyuni, M.Ec.Dev., Ph.D. In her report, she expressed her gratitude for the graduates’ achievements and appreciated their dedication and hard work throughout their studies. The next speech was delivered by the Vice Dean of FEB UGM, Mr. Bayu Sutikno, S.E., M.S.M., Ph.D., who congratulated the graduates and encouraged them to continue bringing honor to their alma mater in both the professional and academic worlds.

The event became even more memorable with the awarding of the Best and Fastest Graduate from the Master of Science Program, presented to Rizki Oktavianto from the Master of Science in Accounting Program. With an impressive GPA of 3.97 and graduating with cum laude honors, Rizki brought pride to his family as well as to the entire academic community of FEB UGM. In his speech, Rizki expressed his deep gratitude to the deans, program administrators, academic advisors, and all educational staff for the knowledge, guidance, and support they provided throughout his journey at FEB UGM. He emphasized that his academic experience was not only about gaining knowledge but also about the life values that he would carry into the future.

At the close of the event, graduates received their academic transcripts directly from the heads of their respective study programs. The warm and proud atmosphere grew even stronger as all graduates, together with the leadership and program administrators, gathered for a group photo to capture the joyous moment. The entire series of events proceeded smoothly, filled with gratitude, and left a lasting impression in the hearts of all participants.

“MD Research Forum – Strategies for Successfully Completing Master and Doctoral Programs”

News Tuesday, 4 March 2025

Master of Science and Doctoral Program FEB UGM hosted the MD Research Forum titled “Strategies for Successfully Completing Master and Doctoral Programs.” The event featured two distinguished speakers: Eko Heru Prasetyo, M.Sc., Ph.D., an Assistant Professor at Institute of Science, Tokyo, Japan, and Amanda Acintya, M.Sc., Ph.D., a lecturer at the Department of Accounting FEB UGM. The forum was moderated by Fu’ad Rakhman, M.Sc., Ph.D., Head of the

Master of Science in Accounting Program FEB UGM. This event was conducted online via Zoom Meeting from 13:30 – 15:30 and was open to the public.

In the first session, Dr. Eko Heru Prasetyo shared his academic experiences, including the challenges and opportunities of studying abroad. He highlighted aspects such as global academic networking, academic pressure, and financial difficulties commonly faced by postgraduate students. Through SWOT analysis, he outlined the strengths of pursuing higher education, such as access to international research collaborations and academic freedom, while also pointing out threats like financial crises and language barriers.

Additionally, he shared his personal journey in completing his thesis in 2016, experiencing six months of unemployment, and discovering new research opportunities through disruptive innovations in Indonesia, such as Gojek. His experiences provided valuable lessons for students on how to develop industry-relevant research.

Meanwhile, Dr. Amanda Acintya emphasized the importance of time management, mental resilience, and cultural adaptation in completing postgraduate studies. She also discussed various funding schemes and strategies for dealing with academic pressure.

This event aimed to provide insights for students who are planning to pursue or are currently undergoing master’s and doctoral studies, helping them navigate academic challenges and develop effective strategies for successfully completing their programs.

Decentralized Finance (DeFi): The Future of Banking-Free Finance and Investment Opportunities in the Digital Era.

News Tuesday, 4 March 2025

The Master of Science and Doctoral Program FEB UGM held a public lecture on “Decentralized Finance (DeFi): The Future of Banking-Free Finance and Investment Opportunities in the Digital Era” on Friday, February 28, 2025. The event featured Mr. Eddy Junarsin, Ph.D., CFP, as the keynote speaker and Mr. Usman Arief, S.E., M.S.M., as the moderator. This public lecture was conducted online via Zoom Meeting from 09:00 to 11:00 and was open to the public.

In his presentation, Eddy Junarsin discussed the concept of Decentralized Finance (DeFi), a blockchain-based financial system that enables transactions without the involvement of banks or traditional financial institutions. While DeFi offers new investment opportunities, it also faces challenges such as regulation and data security.

One of the key innovations in blockchain is smart contracts, which are self-executing digital agreements that automatically enforce terms when predefined conditions are met, similar to how a vending machine operates. Smart contracts are already being applied in various sectors, such as Ethereum-based agricultural insurance, where insurance claims are automatically processed based on verified weather data without manual intervention.

Furthermore, DeFi plays a significant role in digital investments through mechanisms such as staking—where assets are stored in a blockchain to earn returns of 1-5%—and liquidity protocols, which allow users to lend their assets at specified interest rates. Another emerging phenomenon within this ecosystem is memecoins, digital assets that often go viral but do not always hold strong fundamental value.

From a security perspective, blockchain offers transparency and data protection through decentralization, meaning no single entity has control over the system. Additionally, public transaction records, cryptographic hashing, and consensus mechanisms ensure data integrity and prevent manipulation.

Through this lecture, students were expected to gain a deeper understanding of blockchain technology developments and sharpen their critical thinking skills in navigating the rapidly evolving landscape of digital financial innovation.

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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
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+62 (274) 580726, 524607-609
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pascaeko@ugm.ac.id

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