Designed for those who have extensive managerial experience at middle to senior level management, DSM for Professionals is a program for you who want to be part of a new generation of scholarly practitioners with strong characteristics in problem solving, as well as to have a creative and innovative mindset to conduct independent research on the latest management issues.

In the program, you will be encouraged to express and formulate your “tacit knowledge” in a scholarly way and contribute to theory development based on contextual issues by conducting case study research or conduct experiments in the real world for knowledge restructuring/reconstruct using “action research concept” and also make a practical contribution to the industry.

This program is flexible and interdisciplinary, applying social science theory and research methods to management problems. It offers specializations in Entrepreneurship and Technology Management, Business Risk and Finance, Business Strategy and Marketing, Operation and Performance Management, Decision Making and Strategic Negotiation, and People and Knowledge Management.

Commencement Date:
Every August
Minimum Qualifications:
Master degree with working experience in management function of at least 8 years
Total Credits:
6 semesters
44 credits
Length of study:
3-year program (Full-time)Class schedule:
Delivered in mix-modular method (weekend every other week)
Saturday (5 sessions) & Sunday  (5 sessions)
In between 08.00—17.00
International conference presentation
Nationally accredited/indexed-international journal
Scopus-indexed international journal

Course Structure

Year 1: The Qualification

Develop a basic understanding of the philosophy of management science, literature review, problem statement, research contribution, hypotheses, research methodologies, scientific paper writing, and research proposal.

Semester 1

Required courses:
Philosophy of Science in Management (2 credits)
Theory and Model Development (2 credits)
Behavioral Science (3 credits)
Preparation Examination (3 credits)

Semester 2

Required courses:
Quantitative Research Method (2 credits)
Qualitative Research Method (2 credits)
Research Proposal (3 credits)
Elective 1 (2 credits)

Year 2: The Research

Collect and analyze data, write, present and publish the research.

Semester 3

Required courses:
Progress Seminar 1 (5 credits)

Semester 4

Required courses:
Progress Seminar 2 (5 credits)
Elective 2 (2 credits)

Year 3: The Promotion

Collect and analyze data, write, present and publish the research.

Semester 5

Required courses:
Progress Seminar 3 (5 credits)

Semester 6

Required courses:
Progress Seminar 4 (5 credits)
Dissertation Examination (3 credits)

Elective Courses

Students at DSM program will select one of six concentrations from these research areas: People and Knowledge Management, Operations and Performance Management, Business Strategy and Marketing, Business Risk and Finance, Entrepreneurship Study & Technology Management, and Decision Making & Strategic Negotiation.

In addition, various elective courses are available in the respective research areas. These courses are tailored to broaden the students’ knowledge base as well as the opportunity for further research. The list of elective courses is as follows:

Business Risk and Finance
  1. Advanced Financial Mathematics (3 credits)
  2. Advanced Financial Planning (3 credits)
  3. Business Strategy Analysis (3 credits)
  4. Behavioral Finance (3 credits)
  5. Computational Finance (3 credits)
  6. Derivative (3 credits)
  7. Financial Modelling (3 credits)
  8. Financial Risk Management (3 credits)
  9. Insurance (3 credits)
  10. Islamic Financial Systems (3 credits)
Business Strategy and Marketing
  1. Branding Science (3 credits)
  2. Consumer Behavior Analysis (3 credits)
  3. Service Marketing Strategies (3 credits)
  4. Service Science (3 credits)
  5. Market Research (3 credits)
Decision Making and Strategic Negotiation
  1. Advanced Statistics (3 credits)
  2. Agent Based Modeling and Simulation (3 credits)
  3. Conflict and Resolution Analysis (3 credits)
  4. Creative Problem Solving (3 credits)
  5. System Modeling For Policy Development (3 credits)
  6. Advanced Topics in Management (3 credits)
Entrepreneurship Study and Technology Management
  1. Corporate Entrepreneurship (3 credits)
  2. Entrepreneurship Studies (3 credits)
  3. Family Business (3 credits)
  4. Management of Innovations (3 credits)
  5. Small Business and Development (3 credits)
  6. Technology Commercialization (3 credits)
Operations and Performance Management
  1. Advanced Operations Strategies (3 credits)
  2. Procurement and Supply Chain Management (3 credits)
  3. Product Development Management (3 credits)
  4. Performance Management (3 credits)
People and Knowledge Management
  1. Competence Based People Management (3 credits)
  2. Conflict and Change Management (3 credits)
  3. Knowledge Management and Learning Organizations (3 credits)
  4. Leadership Theory (3 credits)
  5. Organizational Behavior (3 credits)
  6. Social Science in Management Studies (3 credits)

Alumni Stories

I execute business directions based on research results and use all parameters and literature review from research as the main reference for company decision-making. Highlighting the action research as the strength of DSM program, the method helps me combine theory with the real practice. So, we can execute the professional working framework based on the academic theory. In academic area, I look forward to sharing my knowledge through various seminars and lectures in universities.

DSM - Prof - Sandhy
G.N. Sandhy Widyasthana
Portfolio Director, Metra Digital Innovation

How to Apply

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

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Semester 1IDR 41,000,000
Semester 2IDR 41,000,000
Semester 3 IDR 41,000,000
Semester 4IDR 41,000,000
Semester 5IDR 41,000,000
Semester 6IDR 41,000,000
TotalIDR 246,000,000


  1. Student who have passed the limit of normal study period (6 semesters) will be charged IDR 35,000,000/extra semester
  2. Confirmation fee and all the tuition fees cannot be refunded in all conditions, including when students fail to register or finish the program
  3. SBM ITB reserves the right to adjust the above information