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.

The Master of Science and Doctoral (MD) Program of FEB UGM held a public lecture on September 27, 2024. The event was held with a theme “Publishing in High-Impact Journals: Insight from Leading Editors,” featuring Prof. Mohammad Kabir Hasan from the University of New Orleans. The event was opened by Akhmad Akbar Susamto, Ph.D., from the Faculty of Economics and Business, UGM.  

The event took place from 9:00 AM to 11:00 AM WIB at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM.  

The program began with opening remarks from Akhmad Akbar Susamto, Ph.D. and followed by a brief introduction of Prof. Mohammad Kabir Hasan before he presented guidelines for publishing work in high-quality journals. The discussion highlighted the importance of publishing in high-impact journals as a means to enhance the visibility and influence of academic research. During this session, the speakers emphasized the crucial role that journal editors play in the selection and publication process of scientific articles.

In the Q&A session, Prof. Mohammad Kabir Hasan provided inspiring answers to participants, including concrete examples of articles that have successfully attracted attention and recognition within the academic community. This event is expected to inspire participants to continue striving to write and publish high-quality works.

The Master of Science and Doctoral (MD) Program of FEB UGM held a public lecture on April 26, 2024. The event was themed “Blockchain in the Luxury Goods Industry: Institutional, Strategic, and Organizational Considerations,” featuring Prof. Nir Kshetri from the University of North Carolina, Greensboro, USA. The event was opened by Prof. Mamduh M. Hanafi, M.B.A., Ph.D., Head of the Doctoral Program in Management at FEB UGM.  

The event took place from 10:00 AM to 12:00 PM WIB at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM.  

The session began with opening remarks from Prof. Mamduh M. Hanafi, M.B.A.,

Ph.D. and followed by a brief introduction from Prof. Nir Kshetri before he presented on the phenomenon of blockchain. The discussion highlighted how blockchain can enhance the supply chain of luxury goods, which is often threatened by counterfeiting and fraud. He emphasized the importance of technological innovation in addressing challenges across various sectors, including the luxury goods industry, and shared in-depth insights on how this technology can transform stakeholder interactions. Additionally, he provided examples related to the topic of the public lecture.  

The event concluded with an interactive Q&A session, where several participants had the opportunity to ask questions and engage directly with Prof. Nir Kshetri. This event not only broadened participants’ understanding of the role of innovation in the luxury goods industry but also aimed to help them comprehend the evolving nature of the luxury goods sector in adapting to changing times.

Monday, September 23, 2024, the Master of Science and Doctoral (MD) Program of FEB UGM held an engaging event titled “Creating Solutions: The Intersection of Innovation and Social Entrepreneurship,” featuring Prof. Renato Pereira from ISCTE Business School as the keynote speaker. The public lecture was opened by Azelia Alma Shafira, S.E., M.Sc., a lecturer from the Department of Management, FEB UGM.  

The event took place from 12:30 to 13:30 PM WIB at the BRI Auditorium, 3rd Floor, Master of Science and Doctoral Building, FEB UGM.  

The public lecture began with a brief introduction by Prof. Renato Pereira. In his presentation, he emphasized the importance of innovation in creating sustainable solutions that can have a positive impact on society. Prof. Pereira then explained various aspects of social entrepreneurship and its connection to innovative approaches. He also presented several examples of innovation and social entrepreneurship, including successful initiatives that have empowered communities and driven social change.