The history of Universitas Indonesia can be traced back to the colonial period. In 1849, the Dutch colonial government laid the foundation of Universitas Indonesia today. In 1947, the geographically scattered tertiary educational institutions were merged into one umbrella university called Universiteit van Indonesië. In 1950, the university was renamed Universitas Indonesia and became a multi-campus state university. Hence, UI is considered the oldest university in Indonesia. Between 1954 and 1963, only faculties in Jakarta remained to be part of Universitas Indonesia. On September 18th, 1950, the Department of Socioeconomics of the Faculty of Law was detached. It became the Faculty of Economics. The Master of Management FEB UI, known as Magister Manajemen Universitas Indonesia (MMUI), was officially established on October 8th, 1988.
On October 7, 1988, MMUI was officially opened with the Inaugural Lecture for the first batch of students by Prof. Dr. Ali Wardhana. At the time of its opening, the MMUI Program offers two concentrations, International Management and Management Accounting. In the first years of the program’s implementation, MMUI also received faculty assistance from the Haas School of Business, University of California, Berkeley
Read moreBased on a request from PT Garuda Indonesia and other airline companies, MMUI opened a new concentration of Air Transportation in collaboration with the Massachusetts Institutes of Technology (MIT).
Read moreIn 1995, MMUI was entrusted by the French Government to implement the MM-CAAE double degree program. Participants of this program obtained a Master of Management degree from the University of Indonesia and a Certificat d’Aptitude a L’Administration des Entreprises (CAAE) degree, equivalent to an MBA degree, from one of the leading universities in France. Some lectures are given by teachers from France who are brought to Indonesia with assistance from the French Government. The MM-CAAE program was the first unique program developed by the MMUI. In later…
Read moreDuring 1995-1997, MMUI made many adjustments to the programs offered. The Marketing Management and Financial and Banking Management concentrations are offered to replace the Air Transport and Management Accounting concentrations. In 1997, MMUI developed the MM Actuarial program. The development of this program is part of the Financial Sector Reform Project (FISEK), supported by the Government of Canada through the Canadian International Development Agency (CIDA). This program aims to support the insurance industry’s development by providing management resources with actuarial expertise. The MM Actuarial program is the second MM specialized program developed by MMUI.
Read moreIn 2000, MMUI introduced a new concentration in Operations Management to complement the choices offered by the regular program. Also in 2001, MMUI made a big step in the development of the program by introducing two new MM specialized programs, namely the Risk Management and the Capital Market program. The Risk Management program was developed to support the Indonesian banking industry in improving risk management capabilities as developed into an international banking standard by the Bank for International Settlements (BIS). The Capital Market program was designed based on demand and cooperation with the Jakarta Stock Exchange to improve the quality of human resources engaged in the Indonesian Capital Market. In 2003, MMUI again introduced a new concentration of Human Resource Management. With the introduction of this…
Read moreMMUI began introducing a professional education program called the Professional Development Program. Two educational programs have been held: CFA exam preparation using material from the Shulman Review of the United States and the Financial Planner education program collaborating with IARFC Indonesia.
Read moreMMUI was renamed MM FEUI and introduced a new concentration in collaboration with IAE de Grenoble Universite Pierre Mendes France. This collaboration eventually led to a dual degree program called the MM-MBA program. The teachers are experienced experts from MM FEUI and brought directly from IAE de Grenoble. Additionally, MM FEUI applied the Participant Centered Learning (PCL) method. This method encourages students to learn independently, think critically, be creative, be able to express opinions and respect the views of others.
Read moreMM FEUI joined the Global Network for Advanced Management initiated by the Yale School of Management. The network provides access to MM FEUI in developing curriculum, increasing research cooperation, exchanging students and teachers, and providing scholarships annually. The scholarships aim at MM FEUI students and graduates who wish to continue their education in the Advanced Management program organized by the Yale School of Business. Until now, MM FEB UI is still the…
Read moreMM FEUI received the Excellence in Practice Award for the Participant Centered Learning (PCL) method from the Alliance on Business Education and Scholarship for Tomorrow, a 21st Century Organization (ABEST21).
Read moreMM FEB UI gained accreditation from the Association of MBAs (AMBA). The association has been spearheading excellence and trailblazing innovation in postgraduate management education impacted across the globe. This accreditation aligns with MM FEB UI’s commitment to raising business education’s profile and quality standards internationally to benefit students, graduates and alums, employers, communities, and society.
Read moreMM FEB UI was reaccredited by the Association of MBAs (AMBA) and gained accreditation from the AACSB International (Association to Advance Collegiate Schools of Business). MM FEB UI is now a double-crown accredited business school. The association connects, shares, and inspires innovation and quality throughout the member network and the business community. This year, MM FEBUI became part of a movement united to improve the quality of business education worldwide.
Read moreMM FEB UI achieved a significant milestone by formalizing a dual-degree partnership with Maastricht University, reinforcing our commitment to fostering global business knowledge and perspectives. The MM-MBA program, a product of this collaboration, uniquely blends the cultural practices of Indonesian and European business activities. Furthermore, MM FEB UI earned an Excellence ranking from the Institute of Accreditation for Economics, Management, Business, and Accounting Programs (LAMEMBA), a distinguished national accreditation body. This year also, celebrating the 35th Dies Natalis, a vibrant event with approximately 400 participants, highlighted our community’s spirit and further solidified our enduring connections.
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