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The Institute of Accreditation for Economics, Management, Business, and Accounting Programs, known as LAMEMBA, is an independent nonprofit organization established by Indonesian professional academician bodies, including the Indonesian Economist Association (ISEI), Institute of Indonesia Chartered Accountants (IAI) and Indonesian Economics and Business Faculty Association (AFEBI). It is in accordance with a Regulation issued by the Indonesian Ministry of Education, Research, and Technology and approved by the Indonesian Ministry of Law and Human Rights.
The results of the accreditation process has been undertaken by LAMEMBA to the program of study at the Faculty of Economics and Business Universitas Gadjah Mada, as follows:
No | Degree | Study Program | Decree Number | Period of Validity | Rank |
1. | Undergraduate (S1) | Bachelor in Accounting | 1070/DE/A.5/AR.10/III/2024 | April 30, 2029 | Unggul |
2. | Undergraduate (S1) | Bachelor in Economics | 1259/DE/A.5/AR.10/VI/2024 | 25 Juni 2029 | Unggul |
3. | Undergraduate (S1) | Bachelor in Management | 1078/DE/A.5/AR.10/III/2024 | April 30, 2029 | Unggul |
4. | Master (S2) | Master in Accounting | 1062/DE/A.5/AR.10/III/2024 | April 30, 2029 | Unggul |
5. | Master (S2) | Master in Development Economics | 1170/DE/A.5/AR.10/V/2024 | May 1, 2029 | Unggul |
6. | Master (S2) | Master in Management | 1165/DE/A.5/AR.10/IV/2024 | April 30, 2029 | Unggul |
7. | Master (S2) | Master in Management (Jakarta Campus) | 1054/DE/A.5/AR.10/II/2024 | April 30, 2029 | Unggul |
8. | Master (S2) | Master of Science in Accounting | 1221/DE/A.5/AR.10/V/2024 | May 17, 2029 | Unggul |
9. | Master (S2) | Master of Science in Economics | |||
10. | Master (S2) | Master of Science in Management | 1171/DE/A.5/AR.10/V/2024 | May 1, 2029 | Unggul |
11. | Doctor (S3) | Doctor in Accounting | 1132/DE/A.5/AR.10/III/2024 | April 30, 2029 | Unggul |
12. | Doctor (S3) | Doctor in Economics | |||
13. | Doctor (S3) | Doctor in Management | 1104/DE/A.5/AR.10/III/2024 | April 30, 2029 | Unggul |
14. | Profession | Accountant Profession | 1250/DE/A.5/AR.10/V/2024 | May 31, 2029 | Unggul |
Note: Download Certificate, click here
Source: The Institute of Accreditation for Economics, Management, Business, and Accounting Programs (LAMEMBA). (https://lamemba.or.id)
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AACSB, the Association to Advance Collegiate Schools of Business, is the world's oldest business school accreditation institution based in the United States. At present only around 5% of thousands business schools around the world are successful earn AACSB accreditation.
Following are milestones related to AACSB accreditation:
Activities | Date |
AACSB Membership | March 10, 2006 |
Pre-Accreditation Eligibility Application submission | August 10, 2006 |
Eligibility Application accepted | November 3, 2006 |
Accreditation Plan submission | April 15, 2009 |
Accreditation Plan accepted by PAC and IAC | January 12, 2010 |
Assurance of Learning Workshop | January 29-30, 2010 |
Progress Report submission to IAC to review (year 1) | October 22, 2010 |
Progress Report submission to IAC to review (year 2) | October 14, 2011 |
Mentor visit by Professor Michael Tearney | January 31 – February 2, 2012 |
Mentor visit by Michael Tearney & Eileen Peacock | August 28-29, 2012 |
Progress Report submission to IAC to review (year 3) | September 28, 2012 |
Assurance of Learning Workshop | January 10-13, 2013 |
Invitation by IAC to submit SER and confirm PRT visit | August 8, 2013 |
Submission of the Self-Evaluation Report | October 31, 2013 |
AACSB Peer Review Team visit
|
March 1-5, 2014 |
Earned Accreditation |
May 12, 2014 |
Submission of Continuous Improvement Review (CIR) Report | December 22, 2018 |
AACSB Peer Review Team visit
|
February 22-26, 2019 |
Earned Extending Accreditation |
April 3, 2019 |
Submission of Continuous Improvement Review (CIR) Report | |
AACSB Peer Review Team visit
|
1-5 April 2024 |
Earned Extending Accreditation |
3 July 2024 |
Download the certificate, click here
AACSB International is a not-for-profit membership organization that advances and promotes quality management education worldwide. Institutions seeking accreditation must demonstrate a commitment to quality management education as assessed against strategic management, participant and assurance of learning standards. The accreditation process reviews an institution’s quality assurance practices and the effectiveness of the Faculty mission in driving and upholding the standards of quality enhancement. Learn more about AACSB can visit aacsb.edu.
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National Accreditation Body for Higher Education (BAN-PT), established in 1994 is the sole accreditation board recognized by the Government of the Republic of Indonesia. BAN-PT is the function of the quality assessment of higher education, including State Universities and Private University.
The results of the accreditation process has been undertaken by BAN-PT to the program of study at the Faculty of Economics and Business Universitas Gadjah Mada, as follows:
No | Degree | Study Program | Decree Number | Period of Validity | Rank |
1. | Undergraduate (S1) | Bachelor in Accounting | 3230/SK/BAN-PT/Akred-Itnl/S/V/2020 | April 30, 2024 | Unggul |
2. | Undergraduate (S1) | Bachelor in Economics | 2191/SK/BAN-PT/AK-ISK/S/IV/2022 | June 25, 2024 | Unggul |
3. | Undergraduate (S1) | Bachelor in Management | 3290/SK/BAN-PT/Akred-Itnl/S/V/2020 | April 30, 2024 | Unggul |
4. | Master (S2) | Master in Accounting | 3292/SK/BAN-PT/Akred-Itnl/M/V/2020 | April 30, 2024 | Unggul |
5. | Master (S2) | Master in Development Economics | 2023/SK/BAN-PT/Akred/M/VI/2019 | June 25, 2024 | A |
6. | Master (S2) | Master in Management | 3403/SK/BAN-PT/Akred-Itnl/M/V/2020 | April 30, 2024 | Unggul |
7. | Master (S2) | Master in Management (Jakarta Campus) | 3643/SK/BAN-PT/Akred-Itnl/M/VI/2020 | April 30, 2024 | Unggul |
8. | Master (S2) | Master of Science in Accounting | 3291/SK/BAN-PT/Akred-Itnl/M/V/2020 | April 30, 2024 | Unggul |
9. | Master (S2) | Master of Science in Economics | 4662/SK/BAN-PT/Ak-PPJ/M/VIII/2020 | August 16, 2025 | A |
10. | Master (S2) | Master of Science in Management | 3232/SK/BAN-PT/Akred-Itnl/M/V/2020 | April 30, 2024 | Unggul |
11. | Doctor (S3) | Doctor in Accounting | 3294/SK/BAN-PT/Akred-Itnl/D/V/2020 | April 30, 2024 | Unggul |
12. | Doctor (S3) | Doctor in Economics | 2266/SK/BAN-PT/Ak-PPJ/D/IV/2020 | April 7, 2025 | A |
13. | Doctor (S3) | Doctor in Management | 3293/SK/BAN-PT/Akred-Itnl/D/V/2020 | April 30, 2024 | Unggul |
14. | Profession | Accountant Profession | 2625/SK/BAN-PT/Akred/PP/VII/2019 | July 23, 2024 | A |
Note:
- Regulation of BAN-PT Nomor 1 Tahun 2020, the rank of accreditation or accredited rank is the result of accreditation conducted by the BAN-PT which consists of:
- A, B, and C for accreditation conducted using 7 STANDART accreditation instruments; and
- Unggul, Baik Sekali, and Baik for accreditation conducted with IAPS 4.0 and IAPT 3.0
- Download the Certificate, click here
- In 2024, the accreditation of study programs at FEB will shift from BAN-PT to LAMEMBA based on the Decree of the Minister of Education, Culture, Research and Technology of the Republic of Indonesia Number 186/M/2021 (see here) About Study Programs Accredited by Independent Accreditation Institutions.
Source: National Accreditation Body for Higher Education (BAN-PT). (http://banpt.or.id)