The Master of Science and Doctoral (MD) Program at FEB UGM successfully held a regular thesis coaching session titled “Critical Thinking in the Perspective of Theory of Knowledge” on Friday, November 22, 2024, featuring Dr. Sindung Tjahyadi, a lecturer from the Faculty of Philosophy at UGM.

The event was held in person from 13:30 to 16:00 WIB at the BRI Auditorium, 3rd floor of the Master of Science and Doctoral Building, FEB UGM.

During this thesis coaching session, Dr. Sindung Tjahyadi had the opportunity to share material about epistemology and knowledge theory. He connected this concept to the Theory of Knowledge, encouraging participants to understand how knowledge is constructed, evaluated, and applied. He also pointed out that things which may seem simple and often overlooked actually have a strong foundation rooted in logical propositions. This explanation opened the eyes of participants to the fact that behind small details, there exists a solid and profound structure of thought that strengthens arguments and analysis as a whole. Through this presentation, participants were encouraged to think holistically and with great caution, exploring the meaning behind what may appear as simple realities. This approach opened new perspectives, particularly in understanding the meso-reality, where complex dynamics are revealed through the connections between micro and macro realities.

The way of viewing the world is greatly influenced by an individual’s perspective on reality. This perspective forms the foundation for thought patterns, including how to evaluate information, analyze situations, and ultimately develop sharp critical thinking skills. This understanding became the key to seeing the world more deeply and meaningfully. The thesis coaching session continued with more material on the theory of knowledge and critical thinking, concluding with an interactive question-and-answer session.

#SDGs #Goal4 #QualityEducation #ThesisCoaching #mscdoctorfebugm #FEBUGM #BanggaJadiMD

On Friday, November 22, 2024, the Master of Science and Doctoral (MD) Program at FEB UGM successfully held the MD Accounting Research Forum (MDREFO) titled “Research on The Usefulness of the 20-F Report and The Recent Development of IFRS S1 and S2,” featuring Dr. Singgih Wijayana, M.Si., Ph.D., a lecturer from the Department of Accounting at FEB UGM.

The event took place in person at the BRI Auditorium, 3rd floor, Master of Science and Doctoral Building, FEB UGM, from 09:30 to 11:00 WIB.

During this scientific discussion, Dr. Singgih presented intriguing research on the 20-F report, a report prepared by non-U.S. companies listed on U.S. capital markets. With the development of the IFRS S1 and S2 standards, the reporting practices based on IFRS for these cross-listed companies are expected to undergo significant changes. The discussion also highlighted that these companies are now required to integrate financial reporting and sustainability (climate) reporting into a single report, with the option to prepare annual reports based on various existing standards or frameworks.

This research investigates how changes in reporting requirements in the companies’ home countries will affect the information contained in the 20-F report and how useful it will remain for stakeholders. Referring to literature on the 20-F report and the recent developments of IFRS S1 and S2, this research emphasizes the research agenda that can provide insights for standard setters and regulators in designing future reporting policies.

#SDGs #Goal4 #QualityEducation #MDREFO #mscdoctorfebugm #FEBUGM #BanggaJadiMD

Tuesday, November 19, 2024, the Master of Science and Doctoral Program (MD) FEB UGM successfully held a routine thesis coaching session titled “Web Scraping: How to Scrap Data from a Website (Cases: Financial Reports & Social Media Activities)” with guest speaker Yunita Sari, S.Kom., M.Sc., Ph.D., a lecturer from the Faculty of Mathematics and Natural Sciences (FMIPA) UGM.

The event was conducted offline from 9:00 to 11:30 AM in the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM. 

In this thesis coaching session, students had the opportunity to deepen their understanding of web scraping, starting from an introductory overview to practical tips on what to do and avoid when engaging in web scraping. Mrs. Yunita Sari began the session with a general introduction to the basic concepts of web scraping, including the tools used and the various technical steps involved in accessing and processing data from websites. She emphasized that web scraping is an effective method for obtaining secondary data for research, particularly in the areas of financial reports and social media activities. 

She also utilized real-world case studies, ranging from collecting financial report data from official company websites to gathering social media activity data for sentiment analysis. To facilitate better understanding, she used an interactive screen and provided live demonstrations that the participants could follow. The session also included an interactive discussion, where students raised various questions about technical challenges, such as limitations posed by certain website structures.

#SDGs #Goal4 #QualityEducation #PendidikanBermutu #ThesisCoaching

The Master of Science and Doctoral Program (MD) FEB UGM successfully held its regular thesis coaching session titled “The ZMET Model for Mapping Consumer Decision-Making Schemas” on Friday, November 1, 2024. The session featured Widya Paramita, S.E., M.Sc., Ph.D., a lecturer from the Department of Management FEB UGM, as the speaker. 

This event was conducted onsite from 1:30 PM to 4:00 PM WIB at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM.

During this thesis coaching session, she elaborated on the Zaltman Metaphor

Elicitation Technique (ZMET) as an innovative approach for mapping consumer decision-making schemas. She began by providing a general introduction to ZMET, explaining its fundamental concepts, how the model unveils consumers’ subconscious thoughts, and its practical applications in marketing research. Mrs. Widya Paramita not only discussed the theory but also demonstrated the step-by-step application of ZMET, from data collection through interviews to the analysis required to map consumers’ mental schemas. She emphasized the importance of extracting insights from participants during interviews without influencing their responses. 

The session became even more engaging with a Q&A discussion between participants and the speaker. Students and even faculty members had the opportunity to ask questions related to ZMET. Many participants expressed a deep interest in the model, particularly in its intriguing data collection process. The thesis coaching session concluded with great enthusiasm from all attendees.

#SDGs #Goal4 #QualityEducation #PendidikanBermutu #ThesisCoaching

In Jatirejo Village, Kulon Progo, an inspiring story unfolds, demonstrating how a self-sufficient and equitable village economy can be realized. This village has become a fostered village under the direct guidance of the Master of Science and Doctoral (MD) Program at FEB UGM, in collaboration with the villagers and the Village Government to achieve shared prosperity.

One of the key figures behind this success is Tristi Sintawati, affectionately known as Sinta. Filled up with the knowledge she gained from UGM, Sinta encouraged her fellow villagers to engage in managing BUMDesBinangun Jati Unggul which is now the village’s economic mainstay. Sinta did not merely build a businessbutalso,she established a vision and mission to develop the village alongside its residents, leveraging the village’s natural resources, such as its stunning landscapes and fertile lands, as well as trained villagers to participate in tourism, agriculture, and financial services.

Supported by a mentorship program from UGM academics, BUMDesBinangun Jati Unggul has successfully managed three main business units through Resto Bukit Cubung that offers nature-based culinary tourism, an agricultural trade unit that maximizes local farm produce, and a financial services unit that meets various community needs. These three sectors work in synergy, generating substantial economic impact for Jatirejo Village. In 2023, the village revenue contributions have a significant increase, opening new opportunities for business development and long-term prosperity. Sinta and her team are even planning a retirement fund program for workers as a step toward economic sustainability.

Sinta shared that one of the challenges in building BUMDes was addressing the diversity of the community’s characters. However, by fostering communication grounded in moral values and ethics, she and her team have bridged these differences and embraced everyone. “This village belongs to all of us. Every resident deserves to be involved in its development. Through ethical communication and actions, any issue can be resolved,” she said.

The story of Jatirejo Village illustrates how collaboration between academia and the community can create sustainable and inclusive solutions. As a fostered village under the Master of Science and Doctoral (MD) Program at FEB UGM, Jatirejo stands as a living example that the right mentorship can catalyze competitive economic development that benefits future generations.

#SDGs #Goal1 #NoPoverty #Goal2 #ZeroHunger #Goal8 #DecentWorkandEconomicGrowth #Goal12 #ResponsibleConsumptionandProduction #Goal17 #PartnershipsForTheGoals

The Master of Science and Doctoral (MD) Program at FEB UGM successfully held lecture series titled ‘Elevating Your Research Process in Environmental Economics’ over two days, from Monday, September 2, 2024, to Tuesday, September 3, 2024. The event featured an expert from the Australian National University, Prof. Budy P. Resosudarmo. 

This activity was held the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM. On the first day, the room was filled with enthusiastic participants interested in environmental economics. The session covered two critical topics in the field of environmental economics: empirical methods and big data. Prof. Budy P. Resosudarmo provided in-depth insights into the impact of human activities on the environment and highlighted the potential of big data in identifying trends and patterns for more informed and sustainable decision-making.

On the second day, Prof. Budy P. Resosudarmo continued his discussion on household surveys in environmental economic research and empirical environmental economics part two. The second day also ran actively, with the discussion becoming even more engaging during the Q&A session when participants raised questions about the challenges Indonesia faces in achieving an emission-free economy. With the conclusion of this event, participants are expected to strengthen their research in the field of environmental economics.

The Master of Science and Doctoral Program of FEB UGM officially graduated 24 Master’s and Doctoral students on October 23, 2024. The October 2024 Graduation Celebration, held in the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building of FEB UGM, the atmosphere was filled with gratitude and joy. The event began with a report from Prof. Dr. Catur Sugiyanto, MA, Chair of the Doctoral Program in Economics FEB UGM, representing the program administration, followed by remarks from Gumilang Aryo Sahadewo, S.E., M.A., Ph.D., Vice Dean of the Faculty of Economics and Business UGM. The moments was filled with heartfelt congratulations and pride for the graduates.

The award for the best graduate in the master’s program was given to Stella Marissa Permata Fajar, who held the highest GPA of 3.95. As an alumnus of the Master’s Program in Accounting, she graduated with cum laude honors. She expressed her deep gratitude to the deans, program administrators, and faculty advisors for the knowledge and invaluable experiences gained. Heartfelt thanks were also extended to the educational staff for their exceptional support, making her learning experience both fulfilling and memorable.

At the end of the event, each graduate received their transcript directly from their respective program heads. Before the celebration officially concluded, all graduates, leaders, and administrators gathered for a group photo, marking a warm and memorable moment. The entire series of events proceeded in an orderly manner, filled with gratitude, leaving a lasting impression on all attendees.

On Friday, October 18, 2024, the Master of Science and Doctoral (MD) Program of FEB UGM successfully held a regular thesis coaching session titled “The Role of Mediation Variables in Multivariate Analysis Models,” featuring Mrs. Naila Zulfa, M.A., M.S., PGDip., Ph.D., FHEA, a lecturer from the Department of Management, FEB UGM.  

The event was conducted in-person from 1:30 PM to 3:00 PM WIB at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM.  

In this thesis coaching session, students had the opportunity to deepen their understanding of mediating variables, which are often found in various multivariate research studies. Mrs. Naila Zulfa provided an introductory overview of mediation variables in multivariate analysis models, starting from general concepts to the vital role of mediation variables in clarifying the mechanism of relationships between independent and dependent variables, along with their statistical analysis. She demonstrated a dynamic teaching style by presenting examples with step-by-step explanations, engaging directly with the participants, and even using the whiteboard to clarify key concepts. 

This session also opened a session for participants to discuss and share their challenges in data analysis processes, with several students showing interest in the topic of the coaching session. The discussion between students and the lecturer was highly interactive, with numerous inputs from the lecturer offering solutions to their concerns before the thesis coaching session was officially concluded.