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FEB UGM congratulated Hariz Adriazka (Accounting 2007) which have participated in the Accenture 'Do You Know?' Competion and successfully won 3rd place in the event. Hopefully with this achievement can give encouragement to other student to perform better again.
Congratulations ..
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Based on letter No. 3340/J01.1.12/PP/10 dated July 27, 2010 about initial research for twenty-seven (27) research (@ Rp. 20 million before taxes) and five (5) short case (@ Rp. 15 million before deductions tax), here we would like to report the following activities.
Number of research proposals and short cases that follow the Grant Competition of ninety (90) proposals with details as follows:
- Accounting research proposals as much as thirty-two (32) proposals involving seventeen (17) Lecturer in Accounting;
- Management of research proposals as much as nine (9) proposals involving ten (10) Management lecturer;
- Economics research proposals as much as thirty-one (31) proposals involving Nine (9) faculty of Economics;
- Accounting proposal writing short cases as many as five (5) proposals involving two (2) Lecturer in Accounting;
- Management proposal writing short case as many as eleven (11) proposals involving six (6) Management lecturer; and
- Economics writing proposal short cases as much as two (2) proposals involving one (1) lecturer in Economics.
This activity involves thirty-one (31) Reviewers (13 Reviewers non FEB UGM, and 18 reviewers lecturer FEB UGM), consisting of fourteen (14) Reviewers from the Department of Accounting, seven (7) reviewers from the Department of Management, ten (10) Reviewers from the Department of Economics.
Based on its review (the cut off value of 70 for the research proposal and 7 to a proposal writing short cases) decided the number of proposals that received funding as follows:
- twelve (12) winning research proposals from the Accounting Department;
- three (3) winning research proposals from the Department of Management;
- twelve (12) winning research proposals from the Department of Economics;
- three (3) winning proposal writing short cases from the Department of Management; and
- two (2) the winner of a proposal writing short cases from the Department of Economics.
Source: bdn
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Bank of Indonesia (BI) estimates economic growth in 2011 will reach the range of 6.0% -6.5% and increase to 6.1% -6.6% in 2012. Balance of payments is estimated to have a surplus of USD 16.4 billion and foreign reserve certainly continues to increase to $ 112.6 billion from USD 96.2 billion. In fact, investment which has been increasing since 2010 is expected to continue so as to make economic growth more balanced.
This was announced by Deputy Governor of Bank Indonesia, Ardhayadi, in general lecture in the Auditorium of Master of Science in Economics, Faculty of Economics and Business UGM, Friday (11/3). The UGM graduate of 1976 majoring in Accounting delivered that higher economic growth in 2011 is supported by exports which will be increasingly identified and higher. Meanwhile, import grows rapidly along with the strong investment activity and consumption despite the socio-political crisis in the Middle East and North Africa that has the potential to impede global oil supplies and disrupt oil distribution, causing uncontrolled increase in world oil prices. In fact, the increase in global commodity prices, including oil and food, is estimated to continue up to 2012.
Ardhayadi admitted the high price of international commodity will cause turbulence in currency and stock market quickly if not mitigated and managed properly. The spectacular shock can cause panic of global market players. "The panic of market players in many countries can trigger a crisis," he said.
Currently, the increase of oil price is getting higher along with increasing demand and speculation factors that also increase. Meanwhile, non-oil commodity prices are also predicted to increase though slower than 2010 due to high demand, weather anomalies, oil price increase, and speculation for some commodities such as corn and wheat. "Bank of Indonesia is required to play better role in formulating policy and strategy to maintain monetary stability and the national financial system," he said.
Bank of Indonesia and the government will continue to sharpen the programs to reduce the rate of inflation and exchange rate. In addition, Bank of Indonesia still commits to direct the BI rate in order to get medium-term inflation target range of 3.5%. Determination of the BI Rate was done to adjust inflation and inflation expectation leading to inflation target that does not sacrifice the growth. "With lower and more stable inflation and the improvement of structural constraints, the economic growth of 7.5% in 2015 can be achieved," he concluded.
Source: Gusti/UGM
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Some people currently do not fully understand about money market. The impact is many community members invest outside money market such as through savings and fixed deposit. However, money market is one of alternative solutions to invest better than the two earlier banking products. “Money market is a better alternative than savings or deposit saving because the interest is higher than the average deposit of government’s banks,” said Yahuda Nawa Yanukrisna, Branch Manager of Danareksa Investment Center Yogyakarta, giving a course on Money Market School, Master Management, Faculty of Economics and Business at MM UGM campus, Friday (4/3).
Yahuda said that money market is called investment alternative because, either through stock or debenture, it gives more interesting profit than deposit saving. Unfortunately, it has not been totally understood by the community and business players. Moreover, there is fear of risk at money market. While in fact, the possibility of risk can still be managed. He gave example of cases of payment failure and price fluctuation. “If we fail to pay, the government still deals with debenture issue. Price fluctuation can be released at the end of the period or appropriate time,” he said.
On the occasion, Yahuda also supports program conduced by Finance Club of MM UGM to hold Money Market School. The step is in line with one of missions of Danareksa, namely education.
Meanwhile, Deputy Director of Academic and Research of MM, Wakhid Slamet Ciptono, M.B.A., M.P.M., explained that the School is held periodically by MM, Bank of Indonesia and PT Danareksa. The event today is the 7th batch while the last was held in April 2010 with education program and simulation of on line stock exchange. The event was followed by 73 MM students and 27 from outside. “We certainly hope that the event can be held sustainably,” said Wakhid.
The theme was Education and Championship of Simulation of Stock Transaction. According to Wakhid, cooperation among MM UGM, Danareksa and BEI was preceded by the inauguration of BEI MM UGM corner on 10 February 2010. “ So, this is a step to introduce BEI MM UGM corner and improve student and community familiarity with Indonesian money market,” Wakhid said.
Besides Yahuda, attending the event as speakers were Dedi Priadi (Unit Head of Education Marketing Division of Indonesia Stock Exchange) and Alifa Yustisia (Danareksa).
Source: Satria/UGM
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Economist University of Gajah Mada (UGM) Rimawan Pradiptyo, PhD, was recently awarded "The Best Paper Award" for the field of economics in the Global Accounting, Finance and Economics Conference,
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FEB UGM again held Academic Coaching & Welcome Cocktail to welcome foreign students studying in FEB, on February 17th, 2011 at the University Club building, UGM. In the second semester of this academic year
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