You will get full of hands-on experiences since the beginning of the program and team up with several like-minded students during your studies—–and may be, the co-founders with whom you will establish your future business! The lectures are delivered by faculty members who are mostly practitioners and entrepreneurs from various industries—from food, clothing, agriculture, to digital business. Furthermore, we will help you tap into the resources you need whether you’re looking for mentorship, incubator program, funding or other resources from our network of industry experts in the country’s capital and business center, Jakarta.

Commencement date:
Every August and January

Length of study: 
18 months

Class schedule:
Monday—Wednesday
In between 08.00 and 17.00

Total credits:
37 credits in 3 long semesters, 1 short semester

Course Structure

Marketing Management (3 credits)
Marketing is an art and knowledge in influencing people to purchase a product or services or experience. People as the customers are dynamic, and thus a business should be able to understand the complexity of customer dynamics and convince the customers in various forms of marketing activities through various efforts.

Operations and Supply Chain Management (3 credits)
The main goal of operations management is to delivering a firm’s goods and services in the most effective manner. A great deal of focus is on efficiency and effectiveness of processes. At the fundamental level, it deals with getting the day-to-day work done quickly, efficiently, without errors, and at low cost. And this is a critical responsibility of every manager.

Organizational Behavior and Managing People (3 credits)
This course was designed to provide MBA with an outstanding perspective about Basic Organizational Behavior, and with a great perspective to manage people especially to improve individual performance – group performance and finally company or organization performance.

Financial Report and Control (2 credits)
Financial accounting is the means by which a firm’s transactions are recorded, compiled, and narrated to the reader, the end result which conveys the company’s financial condition. Financial accounting has also evolved in a new and exciting direction in which the accounting standards of individual countries are at present being harmonized with International Financial Reporting Standards (IFRS).

Financial Management and Policy (3 credits)
This course focuses on the role of and how the financial manager maximize the value of the firm through four most important financial decision making: 1) investment (capital budgeting); 2) financing (capital structure); 3) payout (dividend) policy; and 4) working capital (current assets and current liabilities) management. Special topics on finance such as merger & acquisition or other contemporary topics also will be further explored and discussed.

Economic and Business Landscape Analysis (3 credits)
This course will provide the knowledge and skills on how to make decision making with the consideration of macroeconomics and microeconomics. Consideration of macroeconomics include: economic cycle and growth, national income accounting, AS/AD Model, Multiplier Model, Money Market Model, Fiscal and Monetary Policy, digital economy, and challenges of developing countries. Consideration of microeconomics will include: supply and demand, elasticities, production and cost analysis, cost curve, market structure and game theory.

Design Thinking for Building Business (3 credits)
This course provides training and education regarding the feasibility, planning, and implementation of a new business venture. Mentorship is offered in this course.

Digital Business Experience (P) (3 credits)
This course will provide the knowledge and skills on how to use digital techniques to manage data from the social media sources to support decision making process

Research Methodology for Business (2 credits)
Conducting research methods is essential for business practitioners before making decisions. Students will understand the skills needed to plan, organise, and conduct research. In essence, the research method is related to the way of data collection (data collection) and how to analyse the data (data analysis). By following the correct research method, the business decisions taken will be evidence-based, systematic, and well-accounted for.

Strategic Decision Making and Negotiation (3 credits)
This course provides understanding, knowledge and skills in decision making and negotiation through a range of relevant ideas, issues and frameworks that will allow for the development of competencies in making decisions and creating value in negotiation.

Final Project (3 credits)
This course is intended for Master’s level students to develop a Master’s final project. In this course, students will submit their final project draft, make all necessary revisions to the draft, and finalize their final project document. Students will work independently guided by their thesis supervisors to complete their Master’s Final Project.

Business Acceleration for Growth (3 credits)
Growing a business beyond the start-up stage can be equally as daunting and challenging a task as the creation of a business. However, to transition to this stage of growth as a small and medium size business requires the entrepreneur, owner/manager to adopt a very different, almost opposing, set of management skills to be successful. The course is focused on the challenges and opportunities of managing a growing company and emphasizes practical management methods and techniques.

Digital Business Valuation (3 credits)
This course will provide the knowledge and skills on how to determine the business valuation for both established business and non established business especially the digital business (digital startup business).

Notes:

Entrepreneurship students are encouraged to join the business incubator programs at SBM, ITB, or external networks to implement and accelerate the business idea(s)

How to Apply

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

Tuition

January Intake:
December/January
May (short semester)
July
December/January
Total
Cost:
IDR 25,000,000
IDR 10,000,000
IDR 25,000,000
IDR 25,000,000
IDR 85,000,000
August Intake:
July
December/January
May (short semester)
July
Total
Cost:
IDR 25,000,000
IDR 25,000,000
IDR 10,000,000
IDR 25,000,000
IDR 85,000,000

Notes:

  1. The tuition fee covers your entire academic activities in our program: course credits, course materials (excluding text books), field trip, career service & internship, also development activities managed by our program (business talk and business clinics)
  2. Students who exceeded the limit of normal study period (3 long semesters and 1 short semester) will be charged with the following tuition fees:
    • Long semester: IDR 15 million/each semester
    • Short semester: IDR 10 million/each semester
  3. All the tuition fees cannot be refunded in all conditions, including when a student fail to register or finish the program
  4. SBM ITB reserves the right to adjust the above information