SBM ITB has agreed on a memorandum of understanding with Deakin University to support the International Entrepreneurship Undergraduate Study Program. The memorandum of understanding was signed on September 7, 2023, at the SBM ITB Freeport Building by the Vice Rector of Academic and Student Affairs, Prof. Dr. Ir. Jaka Sembiring, M.Eng.

The memorandum of understanding contains two collaboration agreements between SBM ITB and Deakin University starting in 2024-2027 with an extension option. Officially a partner, Deakin University is open to dual exchange and dual degree programs.

“The choice of university is, of course, based on the university’s reputation and performance. Deakin University has all the suitable criteria to complement the curriculum at SBM ITB. “Other than Deakin University, there will be agreements with 2-3 other universities from Asia or Europe,” said Sonny Rustiadi, M.B.A., Ph.D., the Head of the Undergraduate Entrepreneurship Program.

The international entrepreneurship undergraduate study program at SBM ITB started in 2022. Students can take regular or international programs through this study program.

Both programs have the same output, producing students who can commercialize technology-based inventions (technopreneurship). Additionally, international programs require students to have a global outlook through dual exchange or dual degree programs.

Through double exchange and dual degree programs, students are expected to learn three things: the business landscape of the host country, how to enter international markets in host countries, such as exports and imports, and international insight from the host university.

The requirements for joining the program are that students must be included in the international entrepreneurship undergraduate study program with academic scores converted to peer university standards and sufficient language scores (TOEFL or IELTS).

“Selection will begin in early 2024. At the end of October, there will be outreach with parents and students,” explained Sonny.

Sonny guided students aspiring to participate in exchange or double degree programs, emphasizing the importance of readiness for technical aspects and the need to maintain physical and mental well-being. 

He concluded the interview with encouragement: “Even while living abroad, it’s essential to remember Indonesia’s cultural values and norms. Make sure to relish the learning experience and extract the maximum benefit from your time there.

Written by Student Reporter (Aliva Rachma Delia, MBA YP 67)