Admission
Faculty Member
Deddy Priatmodjo Koesrindartoto
Business Risk and Finance (BRF)
Expertise
Financial Economics, Computational Finance, Industrial Organization, Market Macrofoundation, Fintech, Market Design, Artificial Intelligent
  • deddypri@itb.ac.id
  • deddypri@sbm-itb.ac.id
  • Ganesha ITB

Profile

Deddy Priatmodjo Koesrindartoto is a Professor of Financial Economics at the School of Business and Management, Institut Teknologi Bandung (SBM ITB), where his work sits at the intersection of complex adaptive systems, artificial intelligence, economics, and capital markets. With a career spanning over 33 years across academia and industry, Professor Koesrindartoto is recognized for his ability to translate rigorous economic theory into institutional strategy and national policy.

Currently, Professor Koesrindartoto leads both the Business Risks and Finance Interest Group and the Financial Innovation Laboratory at SBM ITB. His administrative leadership has been pivotal to the institute’s growth; he previously served as the Director of Graduate Programs in Management Science, overseeing both Master’s and Ph.D. curricula, and as the Director of Institutional Development and Planning. From 2020 to 2025, he provided executive oversight as the Head of the ITB Business Unit Management and Endowment Fund (BPUDL), managing the university’s long-term financial sustainability.

His research foundation is inherently interdisciplinary. He earned his Ph.D. in Economics (with a minor in Statistics) and an MSc in Industrial Engineering from Iowa State University, following an undergraduate degree in Electrical Engineering from ITB. Prior to his tenure at SBM ITB, he served as a Research Fellow at the Center for Computational Finance and Economic Agents (CCFEA) at the University of Essex, UK.

A hallmark of Professor Koesrindartoto’s career is his extensive engagement with global and national regulatory bodies. He has served as a consultant and advisor for:

  • Multilateral Organizations: The World Bank and the Islamic Development Bank.

  • National Authorities: The Indonesian Ministry of Finance, the Indonesia Financial Authority (OJK), BAPPENAS, and the Indonesia Deposit Insurance Corporation (LPS).

  • Strategic Advisory: Boston Consulting Group (BCG) and the Australia-Indonesia Partnership for Economic Governance (AIPEG).

Before joining his academic career, he worked as a professional for energy services companies.

 In the classroom, Professor Koesrindartoto bridges technical precision with practical application, covering subjects from Microeconomics and Macroeconomics to Investment Management, the Digital Economy, and Fintech. He remains deeply committed to the academic community and is highly accessible to students and collaborators interested in the evolution of financial systems and digital banking twin systems.

Grants, Projects & Achievements

  • ITB Awards
  • 2025 Ganesha Wira Adi Utama , Institut Teknologi Bandun, March 2025
  • 2019 ITB's Teaching Award , Institut Teknologi Bandung, M arch 2019
  • 2017 ITB's Teaching Award, Instititut Teknologi Bandung , March 2017
  • 2016 ITB's Research Award. Institut Teknologi Bandung, March 2016
  • 2015 ITB's Innovation Award , InstitutTeknologiBandung, March 2015
  • Other Awards
  • 2018 PARAGON's ITB Inspiring Lecturer Award in SBM ITB
  • 2018 5th Best Paper Award LPS Lembaga Penjamin Simpanan Indonesia with Mutiara Aini, Sylvi,
  • 2017 Indonesia National Champion CFA Research Challenge as an Advisor
  • 2016 Emerald Literati Award – Highly Commended Paper, with R Aswin Rahadi, Sudarso K Wiryono, and Indra Syamwil
  • Best Paper in Investment, Finance and Risk Management, International Conference on Management and Emerging Markets SBM ITB 2016 , with Yohanna Karina
  • Best Young Scholar Award, 3rd Sebelas Maret International Conferences on Business, Economics and Social Sciences, FEB UNS 2016 with Aurelius Aaron, Yohanna Karina nad Wirata Adi
  • Best paper in Finance, 2nd International Research Conferences on Business and Economics, FEB UNDIP 2016 , with Apri Rokhyadi

Publications

  • K.P.N. Kemala, D.P. Koesrindartoto, et al. "Designing an effective carbon pricing roadmap for Indonesia: policy insights from EU and ASE, AN" Environment Systems and Decisions, 2026. Scopus Q1.
  • K.P.N. Kemala, D.P. Koesrindartoto, et al. "Exploring Digital Economy's Role on Sustainable Energy Transitions and Environmental Technology" Journal of the Knowledge Economy, 2026.
  • K.P.N. Kemala, D.P. Koesrindartoto, et al.Advancing inclusive finance through financial technology (FinTech): peer-to-peer (P2P) and digital lending as catalyst for financial inclusion" Digital Finance, 2026. Scopus Q2.
  • E.N. Hasanah, D.P. Koesrindartoto, S.K. Wiryono, A.E. Angelica, "Who deserves to be the finfluencer?" Journal of Open Innovation: Technology, Market, and Complexity, Volume 11, Issue 2, Juni 2025. Scopus Q1. ISSN: 2199-8531.
  • Darjana Darjana, S.K. Wiryono, D.P. Koesrindartoto, "Research on the impact of COVID-19 on the finan, cial system: Evidence from Indonesia" PLoS ONE, 2025. Scopus Q1. Open Access.
  • D.F. Hakam, D.P. Koesrindartoto, et al. "Unlocking Geothermal Potential in Indonesia: A Techno-Economic Analysis With Carbon Credits Toward 2060 N Energy Science and Engineering, 2025. Scopus Q1.DC Goal",
  • D.P. Koesrindartoto, A. Aaron, S. Wang."Do Foreign Investors Underperform or Outperform Domestic Investors in Trading Activities? Evidence from Indonesia", International Journal of Financial Studies, Volume 12, Issue 4, pp. 1–11, 2024. Scopus Q1
  • A.P. Rahadi, D.P. Koesrindartoto, A. Wisesa . "Gender, anxiety and perceived Islamic values in students' debt attitudes and behaviour: an ethnographic study of an Indonesian multicultural university" Journal of Islamic Accounting and Business Research, 2024. Scopus Q1.
  • Adeline Clarissa, D.P. Koesrindartoto, "Strategic portfolio rebalancing: Integrating predictive models and adaptive optimization objectives in a dynamic market", Scopus Q3, SJR (2023): 0,25. P-ISSN: 1810-4967.
  • E.N. Hasanah, D.P. Koesrindartoto, et al. "Risk Profiling Questions investigations for Robo Advisor" Business Management and Economics Engineering, 2024. Scopus Q2.
  • I. Rendroyoko, N.I. Sinisuka, V. Debusschere, D.P. Koesrindartoto, M. Yasirroni. "Integration of solar photovoltaic plant in the eastern Sumba microgrid using unit commitment optimization", Sustainability, Volume 16, Issue 1, pp. 336, 29 Desember 2023. Scopus Q1, SJR (2023): 0,67. ISSN: 2071-1050.
  • M.R. Sanjaya, D.P. Koesrindartoto, "Evaluating Current Stage of Equity Crowdfunding Adoption in Indonesia: An Exploratory Study", Finance, Accounting and Business Analysis (FABA), Volume 5, Issue 2, pp. 173–187, 2023. ISSN: 2603-5324.
  • Darjana Darjana, S.K. Wiryono, D.P. Koesrindartoto,Does credit performance change in the post-Covid-19? Evidence from Java Island, Indonesia", "Does credit performance change in the post-Covid-19? Evidence from Java Island, Indonesia" Bulletin of Monetary Economics and Banking, Volume 25, Issue 2, pp. 257–272, 2022. Scopus Q3, SJR (2022): 0,284. P-ISSN: 1410-8046.
  • D.P. Koesrindartoto, A. Aaron, I. Yusgiantoro, W.A. Dharma, A. Arroisi. "Who moves the stock market in an emerging country – Institutional or retail investors?" Research in International Business and Finance, Volume 51, Januari 2020. Elsevier BV. Scopus Q1

Industry & Policy Engagement