All Student admitted in the Program , except those graduated from Management Program SBM ITB, must undertake the matriculation program comprises of these following subjects:

  1. Fundamentals of Corporate Finance
  2. Fundamentals of Accounting
  3. Fundamentals of Financial Knowledge
  4. Fundamentals of Mathematical Finance
  5. Fundamentals of Business Statistics

This semester is the foundation stage for research development. It comprises of four subjects with a total of 12 credit units (SKS):

  1. Advanced Economics (3 Credits)
  2. Quantitative Research Methodology (3 Credits)
  3. Financial Statement Analysis (3 Credits)
  4. Modelling in Management (3 Credits)
The second semester is the stage for enrichment and deepening students’ research interests. Four Subjects with a total of 12 credits consist of:

  1. Advanced Corporate Finance (3 Credits)
  2. Fixed Income (3 Credits)
  3. Time Series Analysis (3 Credits)
  4. Elective 1 (3 Credits)

List of Elective courses:

  • Management Research Design (3 Credits)
  • Internship (3 Credits)
  • Islamic Financial Systems (3 Credits)
  • Derivative (3 Credits)
  • Computational Finance (3 Credits)
  • Behavioral Finance (3 Credits)
  • Advanced Financial Mathematics (3 Credits)
  • Insurance (3 Credits)
  • Financial Risk Management (3 Credits)
  • Advanced Wealth Management (3 Credits)

The third semester is the execution stage to conduct research, seminars, and thesis. Students will carry out their respective research projects including data gathering and processing, analysis and conclusion drawing, and reporting their findings in the form of thesis.
Courses covered in this semester include:

  1. Investment Theory and Portfolio (3 subjects)
  2. Elective 2 (3 credits)
  3. Elective 3 (3 credits)
  4. Thesis ( 6 credits)

The program strictly encourages all the students to publish their research in either accredited national or scopus -indexed international journals.