Faculty Member
Mandra Lazuardi Kitri
Business Risk and Finance (BRF)
Expertise
Corporate Finance
2007
Bachelor of Engineering in Urban and Regional Planning, Institut Teknologi Bandung
2011
Master of Business Administration (MBA), Institut Teknologi Bandung

Profile

Mandra earned his MBA from SBM ITB in 2011, specializing in Business Risk and Finance. His key concentration areas are Corporate Finance and Investment Management. He is also certified by the International Financial Modeling Institute as a Professional Financial Modeler. He holds a Bachelor of Engineering degree in Urban and Regional Planning from SAPPK ITB. After receiving his bachelor’s degree in 2007, he was the Corporate Planning Manager at PT Ilham Prima Nusantara, a privately-owned company headquartered in Lhokseumawe, Nanggroe Aceh Darussalam. He was responsible for corporate expansion and business unit development programs in mining, forestry, and property business. Since he started his career as a faculty member at SBM ITB in 2012, Mandra has been actively involved in various consulting and executive education activities for State-Owned Enterprises, Private Companies, and Government Agencies.

Grants, Projects & Achievements

    Publications

    • State-owned enterprises’ performance in Indonesia: a strategic typology perspective Wahyu Apriyantopo, Atik Aprianingsih, and Mandra Lazuardi Kitri Competitiveness Review: An International Business Journal, 2023, Vol. 33, pp. 759-786
    • Foreign ownership and corporate financial decision making: A review and future research agenda, Mandra Lazuardi Kitri, Sudarso Kaderi Wiryono, and Yunieta Anny Nainggolan Jurnal Akuntansi dan Bisnis, 2022, Vol. 22, pp. 167-184
    • The effect of capital structure management on firm’s value: The case of final tax regulation on Indonesian construction firm Muhammad Chakrajati Kusuma and Mandra Lazuardi Kitri, Asian Journal of Accounting and Finance, 2022, Vol. 4, pp. 15-29
    • Should Indonesia adopt a Basket Currency Regime? , Ahmad Danu Prasetyo, Camelia Magdalena, Brian Charvia, and Mandra Lazuardi Kitri, Afro-Asian Journal of Finance and Accounting, 2020, Vol. 10, pp. 494-513,
    • The impact of hotel and online travel agent collaboration on Summit Siliwangi Hotel’s profit margin Raden Aswin Rahadi, Bryan, Dwi Rahmawati, Mandra Lazuardi Kitri, Nur Arief Rahmatsyah Putranto, Taufik Faturohman Review of Integrative Business and Economics Research, 2020, Vol. 10, Supplementary Issue 1
    • Cultural influences on risk tolerance: Evidence for students in Indonesia Sudarso Kaderi Wiryono, Mandra Lazuardi Kitri, Santi Novani, Prawira Fajarindra Belgiawan, Marla Setiawati International Review of Management and Marketing, 2020, Vol. 10, No. 5, pp.1-4,
    • P2P lending adoption by SMEs in Indonesia Monica Rosavina, Raden Aswin Rahadi, Mandra Lazuardi Kitri, Shimaditya Nuraeni, and Lidia Mayangsari Qualitative Research in Financial Markets, 2019, Vol. 11, No. 2, pp.260 – 279
    • How the momentum exist? The case of Indonesian stock market Sudarso Kaderi Wiryono, Sinta Aryani, Mandra Lazuardi Kitri, and Umi Kulsum Int. J. of Monetary Economics and Finance, 2018, Vol. 11, No. 6, pp.543 – 566

    Industry & Policy Engagement

    • 2024 PT Pelabuhan Tanjung Priok (PTP Nonpetikemas) The Development of Risk Maturity Index (RMI) Roadmap for PT Pelabuhan Tanjung Priok (PTP Nonpetikemas)
    • 2022 PT Nuansa Lestari Sejahtera West Papua Food Estate Business Model Development
    • 2022 The Consortium of PT Bukit Asam, Tbk – PT PLN (Persero) – PT KAI (Persero) Competitive and Bankable Feasibility Study of Coal Supply Chain SOE Synergy to Support National Electricity Availability
    • 2022 ANDRITZ Pulp and Paper Location Analysis for ANDRITZ’s Workshop Expansion Plan
    • 2021 Perum Jasa Tirta II Risk Management Maturity and Effectivity Assessment for the Year 2021
    • 2021 PT Perusahaan Perdagangan Indonesia (Persero) PT PPI (Persero) Project Charter Development
    • 2020 PT Perusahaan Perdagangan Indonesia (Persero) Review of PT PPI (Persero) and PT BGR (Persero) Merger Plan
    • 2020 PT Perusahaan Perdagangan Indonesia (Persero) Supply Chain Management and Business Direction of PT PPI (Persero)
    • 2020 PT Perusahaan Perdagangan Indonesia (Persero) Human Capital Transformation to Optimize Corporate Performance and Competitiveness
    • 2020 Perum Jasa Tirta II Risk Management Maturity and Effectivity Assessment for the Year 2020
    • 2019 Yayasan VITKA School of Business, Management, and Law Development at Institut Teknologi Batam.
    • 2019 PT. TIMAH (Persero), Tbk. Feasibility Study of Ausmelt TSL Plant Development in Muntok Metallurgy Unit
    • 2018 PT. Kereta Api Indonesia (Persero) Financial Feasibility Study of Bandung City Train Development.
    • 2018 Institut Teknologi Bandung Financial Feasibility Study for ITB Cirebon Campus Development using PPP Scheme.
    • 2017 Indonesian Agency for Creative Economy Study of Indonesian Creative Economy Policy
    • 2017 Ministry of Tourism, Government of Indonesia Wonderful Indonesia Tourism Entrepreneurship Project
    • 2016 PT POS Indonesia (Persero) Long-Term Corporate Strategic Plan Development.
    • 2016 PT Bank Tabungan Negara (Persero), Tbk. Mini MBA in Property Business Program Development.
    • 2016 West Java Province Regional Development Planning Board Master Plan of West Java World Class Tourism Destination Development
    • 2015 Bandung City Government Feasibility Study of People’s Apartment Development in Bandung City
    • 2015 Ministry of Village, Development of Disadvantaged Regions, and Transmigration, Government of Indonesia Training of Rural Area Development