MSM in Finance - SBM ITB

Supported with matriculation courses, students of any background may enter this program. However, a strong background and some exposures in quantitative methods will be an advantage for incoming students.

Commencement date:
Every August

Length of study:
18 months

Class schedule :
Monday—Friday
From 08.00—17.00 (depending on the schedule)

Total credits:
48 credits

Course Structure

Semester 1

Semester 2

Semester 3

Research Methodology & Digital Literacy, AI

Advanced Management 1: Operation and Decision Making

Advanced Management 2: People and Knowledge Management and Entrepreneurship

Quantitative Research Methodology

Management Thought and Philosophy

Advanced Economics

Corporate Finance
Time Series Analysis and Data Analytics
Advanced Management 3: Marketing and Finance
Portfolio and Investment Management
Thesis I

Fixed Income and Derivatives (Electives)
Ethics and Professional Standards in Investment (Electives)
Thesis II

Elective Courses

Business Risk and Finance (BRF)
- Advanced Economics
- Financial Statement Analysis
- Corporate Finance
- Portfolio and Investment Management
- Fixed Income and Derivatives
- Ethics and Professional Standards in Investment
- Time Series Analysis and Data Analytics
- Financial Risk Management
- Digital Economy and Financial Technology
- Islamic Financial and Banking Systems
- Behavioral Finance
- Advanced Financial Planning
Business Strategy and Marketing (BSM)
- Strategic Value Innovation
- Digital Marketing
- Advanced Consumer Behavior
- Marketing Research
- Branding Science
- Corporate Strategy
Decision Making and Strategic Negotiation (DMSN)
- Advanced Business Analytics
- Information Systems Management
- Simulation Modeling
- Creative Problem Solving
- Service Science Management
- Confrontation and Collaboration Analysis
- Science-Based Policy
- Advanced Decision Making and Negotiation

Entrepreneurship and Technology Management (ETM)

Corporate Innovation and Entrepreneurship
Commercialization and Technology Transfer
Entrepreneurship Studies
Small Business Studies
Digital Technology in Business
Technology Acquisition and Assessment

Operation and Performance Management (OPM)

Sustainable Transportation and Logistics
Halal Value Chains and Operations
Corporate Performance Management

People and Knowledge Management (PKM)

Human Capital Management in the Digital Era
Knowledge Management and Learning Organization
People Analytics
Intercultural and Conflict Management
Gender in Organization
Organizational Change Management
Organizational Behavior

CFA’s University Affiliation Program

The MSM Finance Track follows a CFA-affiliated curriculum, aligning with the Chartered Financial Analyst (CFA) Program standards. Being affiliated with the CFA Institute ensures that the curriculum integrates industry-relevant financial theories, investment management practices, and ethical standards, preparing students to pursue CFA certification. This affiliation enhances students’ competitiveness in the financial sector, providing them with a strong foundation for careers in investment banking, asset management, and financial analysis.

Tuition Fee

Total 3 Semester:
IDR 62,000,000

Notes:

Tuition Fee might change without prior notice.
Students who exceeded the limit of the normal study period (18 months) will be charged the following tuition fees:
Long semester: TBA/each semester
Short semester: TBA/each semester
SBM ITB reserves the right to adjust the above information
Tuition fee waivers (fully or partly) are available at competitive basis

Scholarship Opportunities:

ITB offers various scholarship opportunities to support outstanding students in achieving their academic and professional goals. Named the Ganesha Talent Assistantship, these scholarships are available to MSM Regular Program students based on their academic performance. In addition to reducing financial burdens, these scholarships provide students with the opportunity to engage in ITB’s institutional activities, enhancing their academic and professional development.

For detailed information on available scholarships and application procedures, visit SAGATA ITB, the official scholarship portal of ITB.

How to Apply

Annually, MSM ITB commence classes on August. Early preparation become the important step to enroll and start an embarking journey with MSM ITB.

Alumni Stories

I decided to choose MSM-SBM-ITB in Finance because it is suitable with my passion. In MSM in Finance, I can get new knowledge in finance and awesome learning experience from the best lecturers. Moreover, I also involved in the project from the Finance Ministry to analyze the liquidity of Government Securities in Indonesia. My thesis is about consumer behavior in banking, under the supervision of Deddy P. Koesrindartoto PhD. Until now, MSM in Finance is still the best choice in my life.

I obtained a bachelor in Industrial Engineering from ITB and continued working as an analyst for a while, and found an interest in the finance field. To excel my career, I decided to study in MSM in Finance because its programs are based on CFA curriculum. During my study, I found excitement in stock market. To test my skill, I joined the Indonesia Investment Research Challenge conducted by CFA Indonesia and Indonesia Stock Exchange, and won as the 3rd winner. I was also involved in the project from the Finance Ministry to analyze the liquidity of Government Securities in Indonesia. My thesis deals with behavioral finance in stock market under the supervision of Deddy P. Koesrindartoto Ph.D.