The Faculty of Economics and Business at Universitas Gadjah Mada (FEB UGM) consistently ensures the quality of education in the fields of accounting, economics, and management through its commitment to international academic standards and the development of sustainable research. With its reputation as one of the leading economics and business faculties in Indonesia, FEB UGM continues to strengthen its position at the regional and global levels through international collaboration, research-based curriculum development, and ongoing efforts toward broader international accreditation recognition.
September 19, 1955
1955
The Faculty of Economics (FE) at Universitas Gadjah Mada was established as part of the reorganization of the Faculty of Law, Economics, Social and Political Sciences (HESP). In its remarkable early years, all lectures were held within the historic surroundings of the Yogyakarta Palace.
1958
This year marked a new beginning for UGM, including the Faculty of Economics, as it relocated from the Yogyakarta Palace to the Bulaksumur Campus. Lectures were held in part of UGM’s Central Administration Building, the Balairung, symbolizing a new phase of academic independence and innovation for the higher education community.
July 2, 1988
1988
The Master of Business Administration (MBA) Program was established. Since then, the program has consistently cultivated business leaders with integrity and global competitiveness.
1989
The Faculty of Economics at UGM entered a new chapter when it moved to its current building on Jalan Humaniora. Since then, the building has become more than just a place of learning; it has stood as a witness to decades of dedication in shaping future leaders and thinkers in the fields of economics and business, while also fostering a positive social impact on society.
June 3, 1995
1995
The Master in Development Economics (MEP) Program was officially established, marking the beginning of a commitment to preparing future development leaders from various regions across Indonesia.
September 23, 1996
The Faculty of Economics at UGM established doctoral programs in all three fields of study. Since then, these programs have nurtured numerous academics, researchers, and thinkers who have made significant contributions to society, the nation, and the academic world.
April 23, 2001
2001
The Master of Business Administration Program at the Jakarta Campus was officially launched, further strengthening the program’s reach and impact.
June 24, 2002
2002
The Master in Accounting Program was established with a commitment to developing future leaders in the accounting field through its five offered concentrations. With its comprehensive and relevant scope, the program has become one of the most capable in addressing the needs of both the profession and society.
July 2, 2003
2003
The Faculty of Economics at UGM expanded its professional ecosystem by establishing the MM UGM Hotel. This strategic facility in the hospitality and convention sector was designed to support various academic activities and provide a premier venue for a wide range of events within the university community.
2013
The construction of the expanded building, Pertamina Tower, serves as a primary facility supporting learning and research activities for both students and faculty members.
May 12, 2014
2014
Earning accreditation from the Association to Advance Collegiate Schools of Business (AACSB) International, the Faculty of Economics and Business at UGM became the first business school in Indonesia to earn this prestigious accreditation.
2018
The construction of the expanded facility, the Learning Center Building, was established as a hub for learning activities, collaboration, and academic development.
April 3, 2019
2019
The Faculty of Economics and Business at UGM successfully achieved its first AACSB reaccreditation.
July 3, 2024
2024
The Faculty of Economics and Business at UGM successfully achieved its second AACSB reaccreditation, covering all 13 undergraduate and postgraduate programs across the Departments of Accounting, Economics, and Management, reaffirming its comprehensive institutional excellence.
2025
All study programs at the Faculty of Economics and Business UGM received the highest accreditation status, Unggul, from the Independent Accreditation Agency for Economics, Management, Business, and Accounting (LAMEMBA).
