FMEI Congress I: BEM FEB UNY Highlights Green Economy Issues

From Wednesday to Saturday (15-18 May), the Student Executive Board (BEM) of the Faculty of Economics and Business (FEB) UNY sent seven delegates to the 1st Congress of the Indonesian Economics Student Forum (FMEI). Hosted by the Faculty of Economics and Business, University of Indonesia (FEB UI), the event centered on a Grand Conference and a Follow-up Plan.

FMEI serves as a platform for economics students across Indonesia to engage in discussions on critical national economic issues. This forum not only fosters active dialogue but also emphasizes practical solutions. Students critically analyze issues and propose policy-oriented inputs, which are then presented directly to government stakeholders. The theme of the 2024 inaugural congress was "Green Economy," held over four days and attended by representatives from 17 universities.

Hafidzun Shadiq, the Head of FMEI for 2023-2024, described the forum as a space for students to express their ideals, insights, and theories gained from academic studies. He emphasized that FMEI's mission aligns with advancing Indonesia’s economic progress. "We at Airlangga University stress the importance of the Green Economy in this FMEI. The government should focus more on this topic, as it’s crucial for the current economic landscape," Shadiq noted.

Echoing Shadiq's sentiments, Aji Fajar Ramdani, Head of BEM KM FEB UNY, highlighted the importance of the Green Economy in raising awareness among all stakeholders, especially policymakers. He stressed that the government has the power to implement economic policies that not only promote growth but also address social and environmental impacts.

The congress kicked off with a talk show, featuring opening remarks from Sandiaga Uno, Indonesia's Minister of Tourism & Creative Economy. The event continued with three main sessions: the initial grand deliberation, small forums, and the final deliberation with a follow-up plan. The first grand deliberation, led by Hafidzun Shadiq, an Accounting student at Airlangga University, set the stage for subsequent discussions. On the second day, smaller forums took place, focusing on topics through a chairman's forum, an external forum, and a castrate forum.

The congress culminated in the follow-up plan session, where students presented their discussion outcomes in the form of policy proposals to government representatives. This session was attended by Parjiono, Ph.D., a macroeconomic and international finance expert from the Ministry of Finance. The proposals were submitted in both presentation and hard copy formats, with Parjiono receiving them directly for further consideration. (bem)

International Economic Discussion with Dr. Karthi

The Faculty of Economics and Business at Yogyakarta State University (UNY) recently hosted a special lecture series under the Visiting Professor scheme, featuring Dr. Karthikeyan Parthasarathy from Kongu Engineering College, India. For five days, from May 26 to 30, 2024, Dr. Karthi, as he is affectionately known, engaged the Master of Economics Education class with insightful sessions on international economics, global economic organizations, and current challenges in the field.

Dr. Karthi's lectures were characterized by an interactive and in-depth approach, encouraging students to actively participate in discussions about global economic issues. He guided students in understanding the dynamics of international businesses, including those operating in Indonesia, across Asia, and globally. These discussions helped students gain a deeper comprehension of the challenges and opportunities companies face within the international economic landscape.

Beyond theoretical insights, Dr. Karthi challenged students to think critically and analyze contemporary economic issues. In one session, students were tasked with assessing the impact of international economic policies on businesses in Indonesia and the wider Asian region. This exercise aimed to sharpen their analytical skills and broaden their global perspectives—essential competencies in today's interconnected world.

The Visiting Professor program received enthusiastic feedback from both students and faculty at the Faculty of Economics and Business, UNY. The Dean of FEB UNY, Prof. Dr. Siswanto, M.Pd., expressed hope that such initiatives would continue, enriching students' academic and professional horizons. This aligns with FEB UNY's commitment to providing high-quality education and strengthening partnerships with international institutions. (fdhl)

Ruzita Jusoh Guides Students in Understanding Private and Public Sector Budgeting

As part of the UNY Equity program, the Faculty of Economics and Business (FEB) UNY hosted a visiting professor event, featuring Prof. Ruzita Binti Jusoh from Universiti Malaya. The event took place from Monday to Wednesday, May 20-22, 2024, as part of the Business Budgeting course. Held on the 2nd floor of the Masters and Doctoral Lecture Hall (PMD) at FEB UNY, the program aimed to provide students with in-depth knowledge and practical insights into business budgeting and corporate work practices. This event specifically targeted students from the 4th semester of the Accounting Study Program at FEB UNY.Ruzita Jusoh

The public lecture welcomed both undergraduate and graduate students from the Accounting program, offering them the opportunity to engage in discussions with Prof. Ruzita on the complexities of budgeting within the public sector. Through these discussions, students gained a deeper understanding of the challenges involved in creating budgets for public sector projects.

Prof. Ruzita's presentation also covered the concept of capital budgeting, an essential tool for making long-term investment decisions in projects and programs. Capital budgeting helps to prioritize projects over multiple years by following six key stages: identification, exploration, information gathering and acquisition, selection, financial analysis, and implementation and control. (fitria)

Examining Employee-Class Students, Kustitik Achieve Doctor of Economics Education

Kustitik, a lecturer in Administrative Education from the Faculty of Economics and Business (FEB) at Yogyakarta State University (UNY), has successfully earned her Doctorate in Economic Education. She achieved this milestone after defending her dissertation, titled "Education Investment Decision Model for Employee-Class Students," at the Doctoral Program of FEB, State University of Malang (UM) on Thursday (16/5).

Her dissertation was developed under the guidance of three advisors: Prof. Dr. Heri Pratikto, M.Sc., Prof. Dr. Hari Wahyono, M.Pd., and Dr. Dwi Wulandari, M.M., CFP. During the open defense, Kustitik presented her research findings to a board of examiners that included Prof. Dr. Cipto Wardoyo, M.Pd., Prof. Dr. Nasikh, M.P., M.Pd., Dr. Endang Sri Andayani, and Prof. Dr. Siswanto, M.Pd. from FEB UNY, who served as external examiners.

Kustitik’s research addresses the challenge of high educational costs in Indonesia, which often limits access to higher education for lower-middle-income groups. She highlighted that employee-class programs can provide greater opportunities for workers wishing to pursue formal education. However, she also noted that maintaining employment while studying often poses challenges, leading to difficulties for many in achieving their educational investment goals.

Using an explanatory survey method, her study involved 316 respondents from Pamulang University and Sutomo University. The analysis, conducted with Structural Equation Modeling (SEM) using Smart PLS version 3, revealed that family financial socialization and the use of social networks have a positive and significant impact on educational investment decisions. Additionally, the study identified financial literacy and an internal locus of control as crucial mediating factors in these decisions.

With this achievement, Kustitik is expected to make a meaningful contribution to the field of Economic Education, particularly in advocating for more inclusive and accessible education policies. Her findings can serve as a valuable reference for policymakers aiming to develop programs that support continued education for workers and lower-middle-income communities in Indonesia. (fdhl)

Developing Curriculum and New Study Programs, FEB UNY Visit Telkom University and UPI Bandung

The Faculty of Economics and Business (FEB) at Yogyakarta State University (UNY) conducted a benchmarking visit to Telkom University and the Indonesian Education University (UPI) in Bandung on Thursday, May 16th. The purpose of this visit was to gain valuable insights and knowledge in curriculum development and to prepare for the launch of new study programs at FEB UNY.

During the first visit to Telkom University, the FEB UNY delegation—comprising 14 members, including the Vice Dean for Academic Affairs, the Vice Dean for Student Affairs and Alumni, the Vice Dean for General Financial Planning and Resources, task force members, and public relations staff—was warmly welcomed in the Manterawu Meeting Room of Telkom University's Faculty of Communication and Business. They were greeted by Dr. Freddy Yusanto, Vice Dean I of the Faculty of Communication and Business, Dr. Ahmad Yunani, Head of the Business Administration Study Program, and other faculty members.

In his welcome speech, Dr. Freddy highlighted Telkom University's implementation of an Outcome-Based Education (OBE) curriculum, where assessments are based on the attainment of desired Course Learning Outcomes (CLO). He explained that Telkom University's academic management system, Igrasias, is aligned with OBE principles, facilitating automated evaluations and an integrated assessment process. Notably, Telkom University replaces traditional mid-term and final exams with a continuous assessment system.

Dr. Freddy also shared plans to transition the Business Administration Study Program from the Faculty of Communication and Business to the Faculty of Economics and Business at Telkom University in the coming year.

Dr. Sutirman, M.Pd., Vice Dean for Academic Affairs of FEB UNY, expressed his appreciation for the warm reception and emphasized the desire to learn from Telkom University's experience. He sought insights on various aspects, including the vision, mission, and objectives of study programs, student learning outcomes, curriculum structure, management, learning facilities, development strategies, graduate employability, and quality assurance processes.

Following the visit to Telkom University, the FEB UNY delegation proceeded to the Faculty of Economics and Business Education at Universitas Pendidikan Indonesia (FPEB UPI) in Bandung. They were welcomed by Dr. Toni Heryana, Vice Dean for Resources and Finance, the Head of the Undergraduate Study Program in Business Education, and other lecturers and staff from relevant study programs at FPEB UPI. This visit provided a platform for exchanging knowledge and experiences between the two institutions.

At UPI Bandung, discussions centered on the development of new study programs and strategies for enhancing educational quality. The Vice Dean for Academic, Student, and Alumni Affairs of FEB UNY expressed an interest in integrating Business Education into the Management Study Program, while FPEB UPI shared their plans to establish new master's and doctoral study programs, as well as achievements in program accreditation.

This exchange of ideas and presentations of visions and missions created a significant opportunity for strengthening inter-university collaboration. It is hoped that these discussions will positively contribute to the development of FEB UNY's curriculum and study program management, ultimately enriching Indonesia's higher education landscape. (isti/lina)

Improving Academic Quality, Administration Education Department Initiate Collaboration with UGM Malaysia

To achieve its vision of becoming a leading study program that produces highly competitive graduates at both national and international levels, the Office Administration Education Study Program (P. ADP) at UNY consistently strives to enhance its academic quality and services. A key initiative in this effort is the "Visiting Professor" program, which invites esteemed professors from international universities to engage in various academic activities with students and faculty members.

One such event took place from May 13 to 15, 2024, featuring Prof. Dato' Dr. Mohamad Nasir Saludin from Universiti Geomatika Malaysia. During his three-day visit, Prof. Nasir delivered a series of lectures in collaboration with Yuliansah, M.Pd., a faculty member of the P. ADP study program who teaches the Learning Assessment course.

On the first day, Prof. Nasir presented a lecture titled "Identifying Competency Standards that Align with Learning Instruments." The second day's session focused on the "Development of Test and Non-Test Instruments." The final lecture covered the topic of "Validity & Reliability in Learning Measurement and Techniques for Determining Test Equipment Validity."

Beyond his role as a Professor at Universiti Geomatika Malaysia, Prof. Nasir also serves as the Director of Postgraduate Studies. During his visit, the P. ADP FEB UNY Study Program initiated a partnership with Universiti Geomatika Malaysia. This collaboration encompasses joint research projects, shared publications, and student exchange programs.

The benefits of this program extend beyond enhancing students' educational experience; it also aims to improve the academic writing skills of lecturers and foster international academic collaborations. This partnership is a significant step towards elevating the reputation of Yogyakarta State University on the global stage. (umr-fdhl)

SMKN 2 Cirebon Participated in Accounting Spreadsheet Training at FEB UNY

To support and empower students in the field of accounting, SMKN 2 Cirebon organized an industrial visit and Accounting Spreadsheet training at the Faculty of Economics and Business (FEB) UNY on Tuesday, May 7th. The event took place at the FEB UNY Auditorium, with opening remarks by Ani Widayati, M.Pd., Ed.D., the Vice Dean for Research, Cooperation, Information Systems, and Business (WD RKSIU) at FEB UNY, along with Endra Murti Sagoro, S.Pd., S.E., M.Sc., the Coordinator of the Accounting Education Undergraduate Study Program, and representatives from SMKN 2 Cirebon. The training continued with hands-on sessions in the FEB UNY Computer Laboratory, held in collaboration with the Accounting Computer Laboratory program.

The Accounting Spreadsheet material was delivered by FEB UNY Accounting Education lecturers, Arief Nurrahman, M.Pd., and Rizqi Ilyasa Aghni, M.Pd. During the training, students not only received comprehensive lessons but also had the opportunity to practice directly on computers and engage in a Q&A session with the instructors.

Following the training, students expressed positive feedback. “The room is comfortable, the training is exceptional, the material is presented in a way that is easy to understand, and the content is engaging,” shared one participant.

Equipping vocational high school students with strong skills is crucial in preparing them for the job market. Proficiency in accounting practices using spreadsheet software is one such valuable skill. This industrial visit and training aim to equip students with practical knowledge that will benefit them in their future careers. (meitadc-fdhl)

FEB UNY Facilitate Students with Special Needs to Participate in UTBK

Thursday (2/5) morning at the IDB Building of the Faculty of Economics and Business (FEB) UNY, the usual crowd was absent. Instead, the space was dedicated to four prospective blind students participating in the UTBK-SNBT, a special entrance exam for students with disabilities, hosted by UNY. Despite facing challenges, Wahyu Ishlakhuddin Ar Mansyah was determined to pursue higher education through the UTBK pathway. A graduate of MAN 2 Sleman, Wahyu set his sights on the S1 Special Education program at the Faculty of Education and Psychology (FIPP) UNY. Born in Lamongan on March 10, 2005, Wahyu has a vision impairment, but he remains committed to his educational goals. He made extensive preparations for the UTBK, including joining online tutoring sessions.

Another UTBK participant, Oktaviola Maya Tantri Ramadani, also shared her journey. She prepared diligently by studying hard, taking online tutoring, and participating in tryouts. Oktaviola, born on May 7, 2006, attends SMA 1 Sewon, an inclusive school equipped with supporting facilities. Like Wahyu, she chose the Special Education program at FIPP UNY as her study destination.

Dr. Bambang Saptono, Chair of UNY Admissions, highlighted the university’s commitment to supporting UTBK participants with special needs. "This year, we have 4 blind participants and 20 physically disabled participants," he explained. To accommodate these students, UNY has made special arrangements: providing strategic seating for easy access, wheelchairs, and dedicated companions. For visually impaired participants, the test was scheduled on Thursday, May 2, in a separate room with assistance from experienced lecturers of the Special Education program.

Dr. Maimun Sholeh, Location Manager (PJL) of the IDB FEB UNY Laboratory Room, detailed the provisions for the test. "The computers used for UTBK by students with special needs have specialized specifications, including adaptive software and audio support," he noted. "For blind participants, we provide a personal companion for each student, selected from the FIPP UNY Special Education program." These lecturers are skilled in communicating with and supporting individuals with disabilities, ensuring a smooth test process to achieve the best possible outcomes.

UNY’s commitment to inclusive education aligns with Regulation No. 46 of 2017 issued by the Minister of Research, Technology, and Higher Education, which guarantees the right of people with disabilities to access higher education. Minister of Education, Culture, Research, and Technology Nadiem Anwar Makarim also emphasized that students with disabilities are prioritized for the Smart Indonesia College Card (KIPK). UNY’s approach includes providing necessary support from the admission stage, such as offering companions during entrance exams, to offering learning aids like Braille textbooks, accessible libraries, and facilities designed for easy mobility, including elevators and wheelchair-accessible pathways in multi-storey buildings. (dedy/fdhl)

Abdullah Taman Develop Management Model of PTNBH

Abdullah Taman, a lecturer from the Department of Accounting Education at the Faculty of Economics and Business (FEB), Yogyakarta State University (UNY), successfully defended his doctoral dissertation in the Educational Management program at the Faculty of Education and Psychology (FIPP) UNY on Monday, May 6th.

During the open examination session, chaired by Chief Examiner Prof. Dr. Sumaryanto, M.Kes., AIFO, the panel included Dr. Bambang Saptono, M.Sc. (Examiner Secretary), Prof. Dr. Lantip Diat Prasojo, M.Pd. (Promoter 1), Prof. Dr. Lia Yuliana, M.Pd. (Promoter 2), Prof. Dr. Nurtanio Agus Purwanto, M.Pd. (Examiner 2), and Prof. Dr. Tri Joko Raharjo, M.Pd. (Examiner 1 from Semarang State University).

Abdullah Taman, who also serves as the Chair of the Senate of FEB UNY, presented his dissertation titled "Development of the Management Model of State Universities with Legal Entities (MOMEN-PTNBH) at Yogyakarta State University."

PTN-BH refers to state universities established as autonomous public legal entities under government regulations. Through Government Regulation Number 35 of 2022, UNY and several other universities transitioned from State Universities with Public Service Agency status (PTN BLU) to PTN-BH. The PTN-BH Management Model (MOMEN) developed by Abdullah Taman is expected to serve as a benchmark for enhancing the quality and efficiency of management at similar institutions.

The MOMEN-PTNBH model is characterized by three key features:

  • Principled Approach: Developed with a focus on objectivity, effectiveness, and accountability, it aims to comprehensively analyze PTNBH management data.
  • Stakeholder Involvement: It actively engages various stakeholders, including PTNBH universities, the Ministry of Education, Culture, Research, and Technology, among others.
  • Innovative Application: The model emphasizes practical and innovative management practices for higher education institutions.

The assessment of Abdullah Taman’s dissertation revealed that MOMEN-PTNBH is highly feasible and practical. Experts rated its feasibility at 4.26, and users gave it a score of 4.28, both in the "very feasible" category. Additionally, the model's practicality received a score of 3.98 from experts and 4.20 from users, indicating strong practical applicability. These results suggest that the management model has the potential for widespread adoption in PTNBH institutions and beyond. (fdhl)

FEB UNY and STIM YKPN Develop Curriculum in Collaboration

The Faculty of Economics and Business, Yogyakarta State University (FEB UNY), and the YKPN School of Management (STIM YKPN) held a signing ceremony to formalize a partnership aimed at strengthening collaboration in education and development.

The ceremony took place in the Dean's Meeting Room of FEB UNY on Friday (19/4), attended by key representatives from both institutions. Present at the event were the Vice Dean for Research, Cooperation, Information Systems, and Business (RKSIU), the Vice Dean for Planning, Finance, General Affairs, and Resources (PKUSD), department heads, coordinators of undergraduate and postgraduate programs, and heads of divisions within FEB UNY. The event was led by the Dean of FEB UNY, alongside the Head of STIM YKPN.

In his welcome remarks, Prof. Dr. Siswanto, M.Pd., Dean of FEB UNY, emphasized the significance of inter-institutional collaboration in enhancing educational quality and organizational growth. He remarked, "We are delighted to collaborate with STIM YKPN. This partnership is a continuation of previous discussions at the faculty level. We have much to learn from the organizational resilience at STIM YKPN. In this era, collaboration is essential. Together, we can engage in activities such as lecturer exchanges and joint publications. Following this agreement, we welcome your visits and further collaboration.”

Dr. Suparmono, Head of STIM YKPN, echoed these sentiments, underscoring the importance of collaboration in the educational sector. He noted, "Every contribution, no matter how small, adds value to this partnership. Additionally, some of our lecturers are pursuing further studies at UNY, which is another step toward deeper collaboration."Dekan FEB UNY (kiri) dan Ketua STIM YKPN

The Deputy Head of Academic Affairs at STIM YKPN added, "We see a great opportunity for joint efforts in curriculum development, and in the near future, we look forward to collaborating on the implementation of the MBKM program for the upcoming semester."

The event concluded with the signing of the cooperation agreement, followed by a group photo session to symbolize the shared commitment of both institutions to achieving their mutual goals.

This partnership is expected to foster positive outcomes for both institutions, enhancing educational quality and advancing human resource development in Indonesia. (fdhl)

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