foreword - magister manajemen feb...

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Chapter IINTRODUCTION

The Masters of Management Program of Universitas Gadjah Mada (MMUGM Program) is part of the Postgraduate College Faculty of Economics and Business in Universitas Gadjah Mada specially designed to produce professional and reliable human resources in the sector of management. The MMUGM Program trains the students to become competent, proficient as well as skilled managers holding the academic title of ‘Magister Manajemen’ (comparable to Master of Business Administration or Master of Management in the United States or in Europe).

The MMUGM Program provides a high quality educational system with unfailing instructors, standard and yet dynamic curriculum, representative facilities, and students chosen through a tight selection. The quality of the MMUGM Program has been confirmed by its inclusion into the first-rate category in the classification conducted by the National Accreditation Board (BAN). Moreover, the MMUGM Program continuously tries to acquire credible international accreditation through the classification conducted by Network of International Business Schools (NIBES) and the Association to Advance Collegiate Schools of Business (AACSB).

In accomplishing the objective, the students are expected to develop the following skills and characteristics:a. managerial skills in every functional area of management,b. ability in winning profits and creating business opportunities,c. international, global, and multicultural perspective,d. entrepreneurial leadership,e. effective operational competence,f. ability in running a business as a system,g. handling information and technology systems to run a business,h. professionalism.

The graduates of the MMUGM Program are expected to show a comparative excellence in:a. their knowledge and comprehension of business affairs in a certain system,b. handling the system and the information media for any managerial demands,c. handling business analysis devices and their proper application,d. making prompt and yet right decisions,e. determining vital aspects in business, andf. conveying ideas either spoken or written.

A. PHILOSOPHY

1. VisionThe vision of the MMUGM is to become an outstanding second-strata professional course postgraduate business-education program nationally and internationally, with the following attributes:a. Its ability to renew its academic competence through business researches and

analyses, and therefore becomes one among a few outstanding centres for science and operation of business management.

b. Its ability to be a part of the international postgraduate business education program communities.

Student HandbookMaster of Management Faculty of Economics and Business Universitas Gadjah Mada

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c. Its ability to adopt and apply the state-of-the-art information technology in business education.

d. Its ability to fulfil the need of modern economic sectors for qualified and professional managers.

e. Its ability to become a social agent for the social transformation process towards a blooming middle-class-state Indonesia.

f. It ability to become an agent for the spreading of professionalism in Indonesia.

2. MMUGM VisionThe vision of the MMUGM is to become an outstanding second-strata professional course postgraduate business-education program in Asia Pacific in 2013 thorugh developing, implementing, experiencing, and disseminating management scince that respects highly the ethics, honesty, and academic freedom.

3. MMUGM Mission

The mission of MMUGM is to conduct the qualified second-strata high education and to provide conducive learning environment in order to establish professional unfailing manager candidates with the following characteristics: have high moral and ethical standards, visionary, transformational, have soft skills, self and fast learner, and strong in knowledge.

4. Research MissionThe research mission of the MMUGM Program is to bring up academic and operational business discourses at the national and international levels with quality research articles and business cases embodying one or more of the following characteristics:a. it broadens knowledge, as well as deepens, sharpens, and enriches the contents of

business management,b. it helps detect, recognize, and solve real business problems and all of the

complexity they bring,c. it socializes the latest discovery in the science and operation of business

management.

5. Social Service MissionThe social service mission of the MMUGM Program is to give professional assistance to business communities and business education institutions and public community.

B. PROGRAMS, RELATIONS, STUDENTS AND ALUMNI

1. Pre-MM ProgramPre-MM is a special program that helps MM student candidates prepare for the MM-level lectures. Pre-MM also aims at synchronizing the knowledge of the undergraduate students with non-economics background with that of the students with undergraduate economics and management background.

2. Regular ProgramThe regular program consists of two classes, namely Bilingual Class and International Class. The Bilingual Class uses two languages, Indonesian as the medium of instruction for materials and tasks and English for case discussions. The International Class uses English for all of its activities comprising material transfer, discussions, and tasks.


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3. International ProgramThe International Program is organized to fulfil the following necessities:1. to facilitate the exchanges of faculty staff and students with partner universities

abroad,2. to facilitate research collaboration for lecturers and the development of learning

process3. to provide dual degree programs with partner universities abroad,4. to create the opportunities for students to study abroad and conclude subjects of

their choice though a Short Course Program.

4. Analysis, Research, Publication, and Professional DevelopmentBesides conducting degree or non-degree educational and training activities, the MMUGM program also manage other activities in the form of analyses, researches, and publishing. The three activities are thought to be very helpful for the accomplishment of the program’s vision, mission, and objective. Activities which have been run are as follows:a. Management Trainingb. Research for Business Case Studiesc. Publishing Gadjah Mada International Journal of Business (GamaIJB)d. Case Developmente. Wealth Management Certification Programf. Investment Manager Representative Certification Program

5. RelationsThe MMUGM Program has since 1993 been insistent in developing synergic relations with private and public institutions in developing the high education of management. Besides that, MMUGM Program also always builds relations with schools of business abroad such as in Asia, Australia, and the United States in various forms of activities.

C. INTERNATIONAL NETWORKCooperation with partner universities in other countries are conducted in a number of collaborations. Several of the international partnerships that have been successfully coordinated and benefited for the MMUGM students can be seen in the following table:


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Table 1: International PartnershipsNo. Associate Universities Advantages benefited by the

MMUGM Students1. Agder University College, Norwegia Student Exchange Program

2. ASEAN Graduate Business/Economics Programs (AGBEP) Network

a. Universiti Brunei Darussalam, Brunei

b. Universiti Malaya, Malaysiac. Universiti Sains Malaysia,

Malaysiad. De La Salle University, The

Philippinese. University of the Philippines

Student Exchange Program

3. Ceram Sophia Antipolis, European School of Business, France

Dual Degree Program (MM+MSc)

4. Erasmus School of Economics, Erasmus University Rotterdam, The Netherlands

Dual Degree Program (MM+MSc)

5. ESCEM, School of Business and Management, Poitiers, France


6. Groupe ESC Clermont, Graduate School of Management, France


7. International University of Japan, Japan Student Exchange ProgramDual Degree Program (MM+MBA)

8. Jönköping International Business School, Sweden


9. Lille Graduate School of Management (ESC Lille), France


10. National University of Singapore, Singapore


11. Pforzheim University, Germany Stduent Exchange ProgramDual Degree Program (MM+MBA/MIS)

12 Rotterdam School of Management, Erasmus University Rotterdam, The Netherlands


13. Salzburg University of Applied Sciences, Austria


14. Temple University Philadelphia, United States

Short Course Program

15. University of Applied Sciences Cologne, Germany


16. University of Groningen, The Netherlands Dual Degree Program (MM+MSc)Student Exchange Program

17. University of Innsbruck, Austria Student Exchange Program

18. University of Kentucky, United States Dual Degree Program (MM+MBA)Short Course Program

19. University of Melbourne, Australia Dual Degree Program (MM+MAC)

20. University of Stirling, Scotland Dual Degree Program Student Handbook

Master of Management Faculty of Economics and Business Universitas Gadjah Mada

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(MM+MSc)

21. University of Victoria, Canada Student Exchange Program

22. Vienna University Economics and Business Administration, Austria



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D. GENERAL POLICIES

1. Confidentiality of Personal InformationThe students have the right for protection upon their privacy for as long as they are still linked to the MMUGM Program. The privacy protection policy comprises information obtained by the MMUGM Program about its students, including factual data (address, age, academic status, etc.), academic achievements (test results, other academic evaluations), and welfare (financial condition, medical records, family-related information, etc.).

The MMUGM Program does not give out a student’s personal information to other students, to individuals or institutions outside the MMUGM Program, and to any parties who have no right whatsoever upon the data, unless provided that the student consents.

Some exceptions are made to the execution of this policy, namely:a. The MMUGM Program gives out information on the students’ data to the

Universitas Gadjah Mada and the Postgraduate College as the chief organizations of the MMUGM Program.

b. The MMUGM Program provides general statistic information about the students for the sake of the program’s research and development, scientific analyses, and other things related to the academic process.

2. Obligation to CareEvery student is encouraged to care for other students. Some students may have genetic physical irregularity or health condition that renders them susceptible to risks during their study in the MMUGM Program. An empathetic and benevolent attitude toward such students is indeed a praiseworthy and virtuous act.

3. EqualityThe MMUGM Program realizes that in its structure and in every academic activity, it is a necessity to eliminate any forms of discrimination based on race, skin colour, ethnicity, nationality, religion, political predilection, sex, marriage status, pregnancy, age, or disability due to physical defects. The MMUGM Program is committed to giving the same opportunities to its entire academic elements: students, lecturers, and staffs alike.

4. Intellectual RightsIn the academic world, respect for others’ intellectual works is a highly upheld obligation. Any sort of action that violates the academic ethics in forms of frauds and plagiarism are intolerable. The MMUGM Program shall strictly penalize any academic elements that abuse the academic ethics. Decisions regarding the sanctions are issued by the Administrator with considerations provided by the Board of Academic Ethics. A more thorough regulation shall be stipulated in the Academic Policies.

5. OmbudsmanThe Administrator and lecturers of the MMUGM Program shall issue and regulate policies and decisions related to the operation, continuity, and development of the MMUGM Program. Students may pass objections to the MMUGM Deputy Director of Academic and Student Affairs should the decisions be seen as irrational and unjust.

6. Policy Regarding Sexual Harassment


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Sexual harassment is certainly unacceptable and cannot be tolerated by anyone. The MMUGM Program clearly supports the right of every academic element to work and learn in an environment free from intimidations and harassments by anyone. The students may hand over a bill of indictment should anyone in the MMUGM Program environment do any sexual harassment to them. The indictment can be brought forward to the Deputy Director of Academic and Student Affairs. The Administrator shall handle and make decisions in relation to the allegation.

7. Policy Regarding SmokingThe students are not allowed to smoke in any spots in the MMUGM Program environment that are equipped with air conditioner, except in specified places such as the cafeteria.

8. Handling the Facilities with CareThe MMUGM Program provides facilities and infrastructures to be used optimally by the students. The use of the facilities has to be regulated proportionally. Repair or replacement due to the recklessness and carelessness of the students will be imposed on the ones responsible.

9. SecurityThe MMUGM security guards shall patrol and look after the security of the MMUGM 24 hours a day, 7 days a week. Students can report any form of actions done by individuals or groups seen to be disturbing the security and convenience of the academic process in the MMUGM environment to the guards. Any of the students’ belongings that happen to be left behind in a class or in any place in the MMUGM surroundings will be kept by the security guards. The items can be reclaimed when relevant proofs can be produced.


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ARENAS

DIFFERENTIATIONMMUGM GRADUATES’

PROFILESDEVELOPMENT

OF BUSINESS ENVIRONMENT

- Globalization- Information Technology- Corporate Scandals- The nature of business problems (complex, interrelated)

- Honourable and ethical- Leadership qualities (visionary, transformational)- soft skills- soft learner- strong in knowledge

- Integrity- Strategic leadership capability

- Interpersonal, process, communication skills- Ability to learn- Discipline-based knowledge

- Regular Class (relatively inexperienced)- Executive Class (experienced)- International Class- Special Class

Chapter IIACADEMIC POLICIES

A. DIRECTION OF DEVELOPMENT

B. PRE-MM PROGRAMThe Pre-MM Program is part of a series of selection of students for the MMUGM Program which must be taken by candidates with a non-economics undergraduate degree or candidates with an economics undergraduate degree who has not passed the Basic Knowledge Test. For the Executive Class, the Pre-MM Program is part of the Executive Class’ curriculum which must be taken by all of its students. This program aims at providing the student candidates of the MMUGM Program with sufficient basic knowledge of economics, management, and accounting before taking on the whole masters of management program.

The Pre-MM Program is also open for every undergraduate from any disciplines who intends to obtain a basic knowledge of economics, management, and accounting. A Pre-MM certificate of graduation and transcript of grades shall be given to every participant who has successfully passed this program.

The Pre-MM Program’s curriculum consists of seven subjects conducted in one trimester (4 months) with specifications as follows:

Table 2: Pre-MM Program CurriculumNo. Subjects Codes Value Sessions1.2.3.4.5.6.7.

Introduction to BusinessIntroductory Economics for ManagersFundamentals of AccountingIntroduction to Financial ManagementStatistics for Business DecisionIntroduction to Information SystemBusiness Communication

IBIEMFAIFMSBDIISBC

2 TCU3 TCU3 TCU2 TCU3 TCU2 TCU2 TCU

24363624362424

TOTAL 17 TCU 204 Sessions


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1. Rules during Lecturesa. Neatly and properly dressed, no slippers, jeans, and T-shirts are allowed, tie for men.b. Students must sign the attendance list during every meeting session of each subject.

Failure to remember to sign the attendance list shall cause an absent status.c. Signing for another student’s attendance is prohibited. If any student is found to be

doing so, the signer and the one signed for will be penalized into being absent for 2 class meetings (6 sessions).

2. Rules during lectures of Pre-MM Program

a. Students coming in and out during lecture may interrupt the order and ease of the learning and lecturing process. Thereby, the lecturer in charge may make his own regulation pertaining to this matter so as to realize a good class management.

b. Absence from classes shall affect the determining components of final grade for each subject.

c. A notice justifying a student’s absence is not a substitute for the non attendance, but it will be used by the Administrator to make a special policy pertaining to the student’s academic issue.

3. TestTests conducted in the Pre-MM UGM Program consist of mid-term test and final test, with each carried out only once. Recovery is carried out only once, that is a recovery test for the final test. This test is intended for students who have not passed the 1st Pre-MM graduation exercise in the trimester.

4. Rules during Testa. The students must sit on the chairs arranged in accordance with the attendance list.b. The students must be neatly and properly dressed, no slippers, jeans, and T-Shirts are

allowed, tie for men.c. The students must not come late and must be present 5 minutes before the test

commences. Students who come late will not be allowed to take the test, unless they manage to obtain a permit from the Head of Office and Academic Affairs.

d. The students must sign the test’s attendance list.e. The students must show the Pre-MM student card to the supervisorsf. During the test, the students must not:

* put textbooks/notes on their desks, unless there is another specification made by the lecturer in charge;

* borrow other students’ books/notes/stationeries;* make noises;* smoke, eat, or drink in the examination room;* turn on their cellular phones or other communication devices;* leave the examination room before handing in the test sheets; urgency for toilet can

be done before the test and the supervisors shall give approximately 5 minutes.g. The students must not cheat during the test, such as:

* evidently cheating, for example: copying other students’ works, opening books, cooperating with other students, etc.

* acting in such as way that can render the supervisors suspicious that the students are cheating, such as talking with other students or gazing at other students’ answer sheets.

5. Sanctions for Violators


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Students who cheat or are suspected of cheating will not be warned by the supervisors. The names of the students will be written down in the Examination Supervision Record by the supervisors. The sanction for the students who cheat or are suspected of cheating is failing the particular subject (get an E grade). These students cannot recover their grade by taking a recovery test. A recovery can only be obtained by taking the same subject in the following semester.

6. Requisites for PassingThe requisites for passing the Pre-MM Program are:a. the minimum Grade Point Average is 2.50;b. no E grades and a maximum of only one D.

The determining components of final grade for every Pre-MM subjects are as regulated in the syllabus of each subject multiplied by the attendance factor. The attendance factor is calculated using the following method:

Table 3: Attendance Factor CalculationNo. Number of Absence Attendance Factor123456

0 time1 time (3 sessions)2 times (6 sessions)3 times (9 sessions)4 times (12 sessions)≥ 5 times (≥ 15 sessions)

100%97.5%95%90%80%

0% (Fail)

7. Regulation for Repeating the Pre-MM ProgramStudents who fail the Pre-MM Program may not continue to the MM Program and therefore has to repeat the Pre-MM Program. The repetition can be done by repeating the whole or some Pre-MM subjects on the condition that the students can repeat subjects in which they got C grades and has to repeat subjects in which they got D or E. The Pre-MM Program repetition can be done in the following year or at the earliest class. The students will be charged a tuition fee as much as Rp250,000 (two hundred and fifty thousand Indonesian rupiah) per credit hour.

C. MM PROGRAMThis part deals with describing any aspects related to the curriculum and academic activities of the MMUGM Program.

The MMUGM Program offers two courses namely the Bilingual Program and the International Program. The Bilingual Program is run in a two class pattern namely Full Time Regular Class and Part Time class. The latter class is scheduled at every afternoon till evening or on week ends. The lectures and examinations in the Bilingual Program are given in Bahasa Indonesia whereas case discussions are conducted in English. As for the International Program, the lectures, case discussions, examinations, and theses are fully done in English. As long as the administration and academic requirements are fulfilled, the students are possibly changing their program upon consultation and approval by the Board of Directors of MMUGM Program.


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To International Program students, there are several alternatives of studying abroad. The alternatives offered by the MMUGM Program consist of dual degree, students exchange, and short course programs.

The dual degree program offers two degrees namely an MM degree from Universitas Gadjah Mada and an MBA degree from the University of Kentucky or International University of Japan; an M.Sc. degree from the University of Groningen, or Erasmus University Rotterdam, or University of Stirling, or CERAM Sophia Antipolis; or an MAC degree from the University of Melbourne.

Partner universities in other countries which collaborate on the student exchange programs are University of Victoria, Canada; Rotterdam School of Management, the Netherlands; Agder University College, Norway; International University of Japan, Japan; University of Innsbruck, Austria; Vienna University of Economics and Business Administration, Austria; Salzburg University of Applied Sciences, Germany; University of Applied Sciences Cologne, Germany; Jönköping International Business School, Sweden; Lille Graduate School of Management, France; Groupe ESC Clermont Graduate School of Management, France; ESCEM, School of Business and Management, Poitiers, France, National University of Singapore, Singapore, University of the Philippines, the Philippines; and four distinguished universities in South East Asia the members of ASEAN Graduate Business and Economics Programs Network (AGBEP Network).

Collaboration to conduct short course programs are established with the University of Kentucky, and Temple University. Both are in the United States.

1. CurriculumThe MMUGM curriculum is designed in such a way that enables the students to finish their MMUGM study in a time span less than 16 months (4 trimesters). Specifically, a student can graduate the MMUGM Program (obtaining an MM degree) after:

1. taking and passing at least 43 Trimester Credit Units (TCU) including the thesis; the structure of subjects can be seen in Table 4;

2. taking and passing the non-credit compulsory subjects consisting of Managerial and Communication Skill and Guest Lectures;

3. obtaining a minimum Grade Point Average of 3.00 with no D and a maximum of two Cs;

4. passing the thesis examination.

2. Study SystemThe MMUGM Program runs a trimester study system. Therefore, the credit system used is a Trimester Credit Unit system. One single academic year is divided into 3 trimesters. One trimester consists of 4 months. A trimester in an academic year usually starts on April, August, or December. The MMUGM arranges and provides an academic calendar for every academic year.

3. Trimester Credit Unit (TCU)The number of Trimester Credit Unit that must be taken by the students in order to graduate and get a Master of Management degree is 43 TCU (including thesis), consisting of 31 compulsory subjects, 9 TCU of specialization subjects, and 3 TCU of thesis. Every Trimester Credit Unit (1 TCU) consists of 16 class meeting sessions (including 2 sessions


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of examination), and every session is equal to 50 minutes. Course description of each subject is presented in Appendix 1.

The MMUGM Program encourages its students to finish their study in as effectively and efficiently as possible. The program regulates that the students can take a maximum of 16 TCU and a minimum of 12 TCU per semester. The students can take less than 12 TCU provided that in that trimester the remaining number of units that has not been taken is less than 12.

A student can take subjects with a total number of TCU more than 43 or take more than one specialization course. For every exceeding TCU, the student will be charged an extra education fee proportional to the number of exceeding TCU.

4. Non-credit SubjectsBesides the 43 TCU subjects that has to be taken, the students are also obliged to participate in non-credit subjects, namely the Managerial and Communication Skills subject and Guest Lectures for approximately five times during the MMUGM Program.

Table 4: Types of Subjects and the Credit UnitsTypes of Subjects Credit Units

Compulsory SubjectsSpecialization SubjectsNon-credit SubjectsThesis

31903

Total 43

5. Specialization CourseStudents can take one particular specialization by taking a minimum of 9 TCU for subjects related to a certain specialization. When a student takes 9 TCU of specialization subjects from several specialization courses, the student will be categorized into the general business specialization. Table 5 and 6 show the compulsory and specialization subjects that the students can take.

Table 5: List of Compulsory CoursesNo Compulsory Subjects TCU123456789101112

Financial ManagementMarketing ManagementOperation ManagementOrganizational BehaviorBusiness LawBusiness EthicsGeneral Business EnvironmentStrategic ManagementSystems and Information TechnologyManagement Control SystemsBusiness Research MethodsThesis

333322333333

Total 34


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Table 6: List of Specialization Courses

No. Subjects

TC

U

Specialization Courses

Fina

nce

Acc

ount

ing*

Mar

keti

ng*

Inte

rnat

iona

l

Hum

an

Res

ourc

E-

Bus

ines

s St

rate

gic

1 Portfolio Management 3 x2 International Finance 3 x x3 Risk Management 3 x4 Financial Analysis and Business

Evaluation3 x

5 Taxation for Business and Investment Planning

3 x

6 Strategic Management Accounting

3 x

7 Corporate Governance and Control

3 x

8 Consumer Behavior Analysis 3 x9 Global Marketing 3 x x10 Industry and Competitive

Analysis3 x x

11 Advanced Marketing Strategy 3 x12 International Trade 3 x13 Organizational Structure and

Design3 x

14 Leadership and Innovation 3 x15 Organizational Change and

Development3 x

16 Strategic Human Resource Management

3 x

17 Corporate Strategy 3 x18 Strategic Leadership 3 x19 Managing e-Business 3 x20 Analysis and Design e-Business 3 x21 e-Marketing 3 x x22 Supply Chain Management 3 x23 Strategic Information System 3 x24 Knowledge Management 3 x25 Business Project Management 3 x26 Enterprise Resource Planning x

* The specialization can be done by taking at least three subjects or 9 TCU from the given alternatives of subjects available in a particular specialization.


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6. Stages for Taking SubjectsTable 7 & 8 show an MMUGM student’s study planner:

Table 7: Stages for Taking Subjects for Full Time Class (Regular)TRIMESTER NO SUBJECTS TCU

I

1234567

Marketing ManagementFinancial ManagementOrganizational BehaviorBusiness LawBusiness EthicsOperations ManagementManagerial Personality (4 sessions)

3332230

Subtotal 16

II

123456

Strategic ManagementGeneral Business EnvironmentManagement Control SystemsSystems and Information technologySpecial Interest Course 1Managerial Personality

333330

Subtotal 15

III

12345

Business Research MethodsSpecial Interest Course 2Special Interest Course 3Thesis*Managerial Personality (4 sessions)

33330

Subtotal 12IV 1 Thesis (continued) -

TOTAL 43

* The thesis can be started by the middle of Trimester II (after the student has taken 16 TCU), and can hopefully be finished by Trimester IV.


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Table 8: Stages for Taking Subjects for Part Time Class (Executive)TRIMESTER NO MATAKULIAH SKT

I1.2.3.4.5.

Organizational BehaviorFinancial ManagementMarketing ManagementBusiness LawManagerial and Communication Skills

33320

Subtotal 11

II1.2.3.4.5.

Business EthicsSystems and Information TechnologyOperations ManagementManagement Control SystemManagerial and Communication Skills

23330

Subtotal 11

III1.2.3.4.5.

Strategic ManagementSpecial Interest Course 1Special Interest Course 2Special Interest Course 3Managerial and Communication Skills

33330

Subtotal 12

IV

1.2.3.4.

General Business EnvironmentBusiness Research MethodsManagerial and Communication SkillsThesis

3303

Subtotal 9TOTAL 43

7. Registration for Subject of Concentration Students ought to register their subjects of concentration taken in the upcoming trimester to the Office of Academic Affairs based on the schedule printed in MMUGM Academic Calendar. As the general guideline, the registration is scheduled during the first week following the mid-term examination of the on-going trimester. Immediately after all the subjects registered are recapitulated, the Office of Academic Affairs would announce the fixed subjects of concentration for the upcoming trimester. The class will only be offered for a minimum of 15 students registered in each subject. A special arrangement of joint-class will be opened for any subject offered in both Bilingual and International Programs in order to meet the minimum student requirement. The joint-class, therefore, would be named according to the majority of students attending the class. Prior to the arrangement of a joint-class, MMUGM needs students’ approval. However, if the number of students even after the joining of two programs remains less than 15, the class would be cancelled.

Students are allowed to register additional subjects of concentration for the upcoming trimester as long as it does not exceed the subtotal limit of credit required in each trimester and the registration must be made in two weeks prior to the commencement of the trimester. In addition, the students may only take the additional subjects offered for the upcoming trimester. In certain condition, students may re-register for a previously cancelled class if they are able to show a written confirmation stating that there are a minimum of 15 students participating the class. The written confirmation should be submitted to the Office of Academic Affairs a month prior to the commencement of upcoming trimester.


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8. Subject CancellationCancellation of any subject after the learning process is in progress will not be considered. Then if a student quits attending that concerned class, she/he would be considered failed in the process of earning grade. As the consequences, the grade of the cancelled subject would not be included in the students’ academic transcript, but the students remain liable to pay Rp 500,000.00 (five hundred thousand rupiahs) per credit of the cancelled subjects.

9. Independent StudyIn a certain condition when a student has to take a specialization subject with less than 15 participants, the student can take the subject independently using the independent study method on the provided that the subject cannot be substituted with other subjects. The scope of materials for the subjects taken using the independent study method is no different to those run regularly. However, the method of lecturing, material transfer, and assessment are fully up to the guiding lecturers. At the end of the trimester, the guiding lecturers will only produce final grades. Therefore, the students cannot take any recovery test to fix the grades of the subjects taken using the independent study method.

10. Time Distribution per SubjectEvery subject of 3 TCU has a total amount of effective class meeting of 48 hours (16 class meetings with 2.5 hours for each). As for subjects with 2 TCU value has a total amount of effective class meeting of 36 hours (12 class meetings with 2.5 hours for each). The distribution of class meeting hours for every subject can be seen in Table 8.


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Table 9: Distribution of Classroom Meeting HoursNo Subjects Lecture

sCase

Discussion

Exercises Mid-term test

Final Test

Total Hours

1 Financial Management 21 21 - 3 3 482 Marketing Management 21 21 - 3 3 483 Operations Management 21 21 - 3 3 484 Organizational Behavior 21 21 - 3 3 485 Business Law 15 15 - 3 3 486 Business Ethics 15 15 - 3 3 487 General Business Environment 48 - - - - 488 Strategic Management 21 21 - 3 3 489 Systems and Information

Technology21 21 - 3 3 48

10 Management Control Systems 21 21 - 3 3 4811 Business Research Methods 21 21 - 3 3 4812 Portfolio Management 30 - 12 3 3 4813 International Finance 21 21 - 3 3 4814 Risk Management 21 21 - 3 3 4815 Financial Analysis and Business

Valuation21 21 - 3 3 48

16 Taxation for Business and Investment Planning

30 - 12 3 3 48

17 Strategic Management Accounting 21 21 - 3 3 4818 Corporate Governance and Control 21 21 - 3 3 4819 Consumer Behavior Analysis 21 21 - 3 3 4820 Global Marketing 21 21 - 3 3 4821 Industry and Competitive Analysis 21 21 - 3 3 4822 Advanced Marketing Strategy 21 21 - 3 3 4823 International Trade 21 21 - 3 3 4824 Organizational Structure and

Design21 21 - 3 3 48

25 Performance Management 21 21 - 3 3 4826 Organizational Change and

Development21 21 - 3 3 48

27 Strategic Human Resource Management

21 21 - 3 3 48

28 Corporate Strategy 21 21 - 3 3 4829 Strategic Leadership 21 21 - 3 3 4830 Managing e-Business 21 21 - 3 3 4831 Analysis and Design e-Business 21 21 - 3 3 4832 e-Marketing 21 21 - 3 3 4833 Supply Chain Management 21 21 - 3 3 4834 Strategic Information System 21 21 - 3 3 4835 Knowledge Management 21 21 - 3 3 4836 Business Project Management 30 - 12 3 3 48

11. Subjects with CasesThe number of cases discussed for every subject with case is at least six cases. The coordination and management of assignments and case discussions will be arranged by the lecturers in charge. All case discussions are done in English.

12. Guest LecturesThe students’ attendance in guest lectures will be included in the grade transcript with the following assessment criteria:


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Table 10: Criteria of Guest Lectures AssessmentTotal Attendance Assessment Criteria

90% - 100% Diligent60% - 89% Fairly diligentLess than 60% Not diligent, unqualified for passing

13. Management & Communication Skills LectureParticipating in the Managerial & Communication Skills Lecture is an obligation for all students. The students’ assessment for this lecture is either “pass” or “fail”. The assessment of “pass” or “fail” is settled by lecturers who coordinate the lecture. This assessment will be included by the lecturers in the lecture’s syllabus. Students who fail for this lecture are deemed unqualified of graduating from the MMUGM Program. The grade for this subject (pass) will be written in the grade transcript.

14. General Guidelines for Papers WritingPapers, both on small or big issues, are written using the principles, styles, and format of scientific papers, and should be typed using word processor with 1.5 line spacing. 15. Sit-In PolicyWhenever needed, students can participate in class meetings of other subjects which they do not officially take (sit-in) as long as the room capacity is still enough. Sit-in students are required to acquire written permission from lecturers in charge of the subjects discussed and hand the permission to the Office of Academic Affairs for administration purposes. The students are not charged for any subjects they take using the sit-in method. However, they will not get any grades from this activity. 16. Academic Codes of EthicsThe MMUGM highly upholds the academic codes of ethics. MMUGM students who happen to violate the academic codes of ethics, such as cheating on a test, copying someone else’s works (plagiarizing), or any other forms of violation, will get serious sanctions from the MMUGM Program and/or from the lecturers in charge of the subjects concerned after hearing from the MMUGM Board of Academic Ethics. The sanctions can be a severe warning, failure in the subjects concerned, a failure in all of the subjects taken during the whole trimester, temporarily dismissed from any academic activities, and a dismissal from the MMUGM.

17. Study Time LimitThe normal study times for the students of the MMUGM Program starting since the date of registration are:

a. Bilingual and International Program Regular Class: 16 months;b. Evening Class Bilingual Program: 20 months;c. Week End Class Bilingual Program: 24 months:d. International Dual Degree Program: 24 months.

The maximum study time allowed is twice the normal ones. Should until the end of the maximum study time some students cannot fulfil the graduation’s requisites, they can propose for an extension.

18. Study Period Extension


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Students who are unable to complete the course within the maximum study period are required to apply for an extension under the following conditions:

a. Extension application must be addressed to the Dean of the Faculty of Economics GMU and submitted no later than two weeks before the end of the maximum study period.

b. A maximum of one month extension period will be granted.c. Under certain circumstances, students are allowed to apply an extension for the

second time. The application must be written and addressed to the Dean of the Faculty of Economics GMU no later than one week before the end of the first extension period. The second extension will be approved based on MMUGM management consideration.

Students applying for an extension must sign a statement stating the following conditions:a. Agreement to comply with the academic and financial administration regulations

during the process of study completion.b. Voluntary resignation if they are unable to complete the requirements for

graduation within the given extension period

19. Drop-Out PolicyIn some serious cases of violation, the MMUGM may decide on withdrawing the students’ status and rights. Several conditions that can lead to such decision are:a. The students commit a crime, therefore ruining the reputation of the MMUGM

Program;b. The students cannot finish their study after twice the normal study time plus a study

time extension from the MMUGM for a month;c. The students violate the academic ethics by cheating and plagiarizing, which are

classified as serious academic violations;d. The students commit immoral actions such as sexual harassments, demonstratively

humiliating the institution, and also losing their good intention in creating a healthy and accommodating academic environment.

20. Coordination of TestsThe tests coordinated by the MMUGM Program for regular subjects are:a. Trimester Tests

The tests are divided into mid-term and final tests which are done once for every trimester for each.

b. Recovery Tests Consisting of mid-term and final recovery tests; Organized at the same time as the mid-term test (for mid-term recovery test)

and final test (for final recovery test) when the subjects concerned are being offered in the current trimester;

Recovery tests (mid-term and final) can each be taken 3 times at the most for one subject during a student’s study time. A recovery test can no longer be taken by students who have done their thesis test. The recovery grade which counts is the one which is the highest or the best;

In order to be able to take a recovery test, a student must register to the Office of Academic Affairs. Students who do not report for a correction test’s annulment will be considered as having taken the recovery test and will be given a D;


20

The test is not organized for the General Business Environment subject because all of the assessment process has been included in the assignments of paper works and presentations.

21. Rules during Testa. The students must sit on the chairs arranged in accordance with the attendance list.b. The students must be neatly and properly dressed, no slippers, jeans, and T-Shirts

are allowed, tie for men.c. The students must produce their MMUGM Student’s Identity Card.d. The students must not come late and must be present 5 minutes before the test

commences. Students who come late will not be allowed to take the test, unless they manage to obtain a permit from the Head of Office and Academic Affairs.

e. The students must sign the test’s attendance list.f. During the test, the students must not:

put textbooks/notes on their desks, unless there is another specification made by the lecturer in charge;

borrow other students’ books/notes/stationeries; make noises; turn on their cellular phones or other communication devices; smoke, eat, or drink in the examination room; leave the examination room before handing in the test sheets; urgency for

toilet can be done before the test and the supervisors shall give approximately 5 minutes.

g. The students must not cheat during the test, such as: evidently cheating, for example: copying other students’ works, opening

books, cooperating with other students, etc. acting in such as way that can render the supervisors suspicious that the

students are cheating, such as talking with other students or gazing at other students’ answer sheets.

22. Sanctions for ViolatorsStudents who cheat or are suspected of cheating will not be warned by the supervisors. The names of the students will be written down in the Examination Supervision Record by the supervisors. The sanction for the students who cheat or are suspected of cheating is failing the particular subject (get an E grade). These students cannot recover their grade by taking a recovery test. A recovery can only be obtained by taking the same subject in the following semester.

23. Learning Outcomes’ Assessment SystemThe assessment system used by the MMUGM Program is the alphabet grading system (American System) with the sequence of A (best), B, C, and D (fail). The scaling used to determine the grade point average in this assessment system is as follows:

Table 11: Scale for Grade Point Average

Grade A A- B+ B B- C+ C D E

Point 4,00 3,75 3,25 3,00 2,75 2,25 2,00 1,00 0,00

24. Assessment Components


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The final grade shows the student’s total academic achievements in taking a subject during one trimester. These are the final grade determining components and their percentage of value for every subject:

Table 12: Determining Components of Final Grade and Their Percentage of ValueFinal Grade

Determining ComponentsSubjects with

Case Discussions

Subject with No Case

Discussions

General Business

Environment Subject

Mid-term Test 30% 40% -Final Test 30% 40% -Case Discussion & Participation*

25% - -

Research Project - 20% -Simple Issue Paper - - 60%**Big Issue Paper 15% - 25%Paper Presentation - 15%Total 100% 100% 100%

*) each lecturer will set the form of discussion and student’s participation in order to complete this component

**) divided by 13 papers

25. Student’s AttendanceStudent’s attendance in class meetings will be counted in the final grade assessment for the subjects concerned. Table 12 will show the attendance factor’s percentage which will be multiplied with the students’ scores before the final grade is determined. Maximum attendance factor is 100%. The attendance factor is regulated on all of the subjects offered by the MMUGM Program.

Table 13: AttendanceNo. Number of Absence* Attendance

Factor1 0 time 100%2 1 time (3 sessions) 95%3 2 times (6 sessions) 90%4 3 times (9 sessions) 85%5 4 times (12 sessions) 80%6 > 5 times (> 15 sessions) 0% (failed)

*) one class meeting equals 3 sessions @ 50 minutes

26. Final Grade AuthorityThe authority of final grades written in alphabets is fully the lecturer’s right by still taking into account objectivity and academic integrity. However, if necessary, the students can ask about the determining components of final grade to their lecturers.

27. Grades AdministrationLecturers will coordinate the grades administration for every assessment component as mentioned in every subject’s syllabus in alphabetical form. The determination of final grades in numeral form for every subject is calculated using the grade scale showed by table 10 using the following formula: the percentage of each assessment component which


22

has been multiplied by the points appropriate with the alphabetical grade of the component concerned is multiplied by the attendance factor. The conversion of numeral grades into alphabetical grades is done in accordance with the following conversion rules:

Table 14: Rules for Grade Conversion from Numerals to AlphabetsRange of Point Grade Letter Grade

3,91 – 4,00 A

3,51 – 3,90 A-

3,16 – 3,50 B+

2,91 – 3,15 B

2,51 – 2,90 B-

2,16 – 2,50 C+

1,91 – 2,15 C

1,91 – 1,00 D

0,00 E

28. Grade AnnouncementThe program will announce the students’ final grades along with the grade components on the announcement board (without mentioning the students’ name). The announcement will be put on the announcement board for two weeks. The Office of Academic Affair can not accept questions in relation to the grades.

29. Incomplete GradeFor students who has not fulfilled/completed one of the grade components (mid-term test, final test, papers, and/or assignments), their grade will be marked as incomplete (I). Incomplete grades only last for one trimester. The final grades will be given when the students have completed the missing grade components. If then until the time limit of one full trimester the student cannot yet complete the missing grade components, the students will fail the subject (the I grade becomes D).

30. Procedures for Repeating a SubjectTo recover their final grades, the students should fully repeating the subject by:a. Registering to Office of Academic Affairs not later than 2 weeks before the class

beginsb. Submitting a cost fee of Rp500,000 (Five hundred thousand rupiah) per TCU. The fee

should be paid not later than 1 week before the class begins.

For General Business Environment, a recovery on the grade can only be done by correcting the simple issue paper for each topic and/or the big issue paper for as long as the final grade of the subject which has been obtained is at least C. Before correcting topical papers, the students must take lectures on the topic and pay a cost of Rp140,000 (One hundred and forty thousand rupiah) per topic. As for correcting the big issue paper, the students must present their big paper during the presentation session. If the students get a D or E for this


23

subject, a recovery on the grade can only be done by fully repeating the subject the next trimester.

31. Study FurloughThe students can propose for a furlough after taking at least 15 TCU, and the proposal must be done before the phase of filling up the study planner chart starts. If the students propose for a study furlough after filling up the study planner chart, then the subjects listed on the study planner chart are considered to have been taken. Study furlough is also part of the study time. 32. ThesisThesis is one of the requisites for graduation which has 3 TCU values. The students can begin writing their thesis at the same time they take Business Research Method subject. Theses are written in Indonesian (Bilingual Program) or in English (International Program), in accordance with the principles, format, and style of a scientific writing which are generally accepted in the Universitas Gadjah Mada.

33. Thesis TestFor students who have finished writing their theses, a test can be conducted once the students have completed the following requirements:a. having taken a minimum of 40 TCU according to the stages for taking subjects

provided in table 7;b. having taken and passed the compulsory non-credit subjects namely Managerial &

Communication Skills and Guest Lectures;c. having obtained a minimum Grade Point Average of 3.00 with no D and a maximum of

two Cs.

D. GUIDELINES FOR WRITING BIG ISSUE PAPERS

These guidelines contain directions for writing a big issue paper for students of the MMUGM Program. A big issue paper written by the students is a report of a great case which summarizes all of the cases discussed in class. The guidelines comprise:

1. characteristics of the case;2. content of the case report;3. problems identification guidelines;4. problems analysis guidelines;5. guidelines for problems solving formulation;6. case report’s format guidelines.

1. Characteristics of the CaseIt needs to be understood that exercises and problems are not the same as cases. Here are their definitions:

a. ExercisesExercises are short and simple questions which are usually put at the end of a textbook’s chapters. Answers to the questions can be found in the textbook. The questions can be answered in a simple and straightforward way, without having to rely on judgment.

b. ProblemsProblems are relatively longer questions usually put after the exercises. To answer them, an analysis on the given data is needed. The right answer to a problem is unique,


24

meaning there is one answer which can be logically identified as correct or precise. There is not much judgment needed in answering a problem. Beside that, in order to solve the problem, there is no need for more data than the one provided in the problem.

c. CasesCases are abstractions or imitations of real life problems. Cases usually contain more than one alternative to solve it. These alternatives, besides having the potential to solve the problems, also contain chances of leading us the wrong way which vary from one alternative to another. Choosing which alternative is most correct needs a lot of judgment or wisdom, which can be different from one person to another because of the different educational backgrounds, beliefs, experiences, and other factors which help shape someone’s perception. No one can exactly, using logic, decide on which alternative is the correct one, without having the risk to be mistaken. Therefore, the quality of cases solving cannot be not measured with whether it is right or wrong, but with how sharp the analyses are made, how realistic basic assumptions are built, how careful and precise the relevant variables’ influences are identified and calculated, how qualified the argumentations are prepared how feasible the chosen alternative is, and how sensible the implications of the alternative’s implementation are projected.The data which are used to solve the case are not limited to what have been described on the case concerned. A case reader, even with his/her mere experience and personal knowledge would make use data other than the ones provided in a case to improve the quality of the case solving. Therefore, a broadness of vision or intelligence will really help solve a case

2. Paper’s ContentA case report consists of three parts, namely: a. Problems identification; b. Problems analysis; c. Formulation of problems solving.

3. Problems Identification GuidelinesProblems faced by companies mentioned in the case do not always get a clear and explicit exposition. Cases are often written just to train the students to identify the problems, and therefore the problems are not exposed explicitly. Thereby, a precision in identifying problems is one of the main keys for a successful problems solving. Problems identification must be supported by sufficient and strong arguments, using as many facts available in the case as possible. There is a probability that problems which are subjectively perceived by the company are not problems at all. Therefore the students must be careful in identifying the problems in order not to get trapped following the trail of the company’s wrong perception. Real problems and derivative problems must also be carefully differentiated. Derivative problems are systematic, and they come up as a consequence from or because of the chief problems which are the real problems. The derivative problems can never be solved without solving the chief problems first. In problems identification, it is highly advised that the chief and derivative problems be presented.

4. Problems Analysis GuidelinesAn analysis is done towards the facts relevant with the problems which have been identified. The analysis is meant to determine:a. factors categorized as the company’s strengths;b. factors categorized as the company’s weaknesses;


25

c. problems faced by the company;d. opportunities open for, and challenges faced by, the company;e. variables which become the keys in solving the problems; andf. realistic assumptions needed in solving the problems.The results of the problems analysis are several alternatives for solving the problems. Every alternative should be provided with an estimation of its potential in solving the problems and the risks it may cause. Besides that, an evaluation on the feasibility of its implementation must also be done.

5. Guidelines for Problems Solving FormulationIn formulating the solutions to the problems, an alternative for the solving which the student thinks best must be provided, along with the arguments and considerations that underlie it. The implications of the alternative and its implementation should also be described.

6. Writing Techniques and Paper SizeA big issue paper is printed on quarto size paper using 2 line spacing and a near-quality-point modus. The number of pages is limited to 25 pages. Students, as manager candidates, have to be able to write efficiently in a straightforward way. Therefore, however long the story may be, it must be cut short to 25 pages only. Any exceptions on this matter are accepted only when a permit is obtained from the lecturer in charge. The ability to present ideas efficiently and briefly are two of the elements evaluated in the big issue paper.

a. Paper LanguageThe big issue papers are written in Indonesian. In writing the papers, the following elements should be taken into considerations: Spelling; Word split; Grammar; Format; Categorization of ideas into paragraphs.

b. FormatA big issue paper is written using writing formats generally accepted in the academic environment, such as the Turabian format, Modern, Language Association, etc. The students can use the writing format they find in leading journals on business and economics as examples in writing a big issue paper, such as the Journal of Finance, JRAI, Kelola, or Gadjah Mada International Journal of Business.

c. CoverThe report should be given a cover with the following features: Paper Title; Course; Name of the lecturer; Name of the student; Student number; Attendance number.

E. GUIDELINES FOR WRITING GENERAL BUSINESS ENVIRONMENT PAPERS


26

Writing papers is an obligation in the General Business Environment subjects. In these two subjects, the students are not required to work on any cases, but they have to write one paper for each topic. The final grade determining component for these two subjects is merely from the papers’ assessment since these subjects do not require mid-term or final tests. The guidelines for writing General Business Environment papers are as follow:

Table 15: Guidelines for Writing General Business Environment PapersPapers 1-12 Final Paper

Length 4 pages 10-15 pagesPaper Size Quarto QuartoLine spacing 1.5 1.5Typing process Computer ComputerPrinting Near letter quality/laser Near letter qualityContents Summary of the lecturer’s

handoutsBusiness implication of the lecturer’s handouts

The identifications & analyses of environmental factors that influence business life for a decade. Students are allowed to limit these to certain business sectors, such as construction, tourism, banking, insurance, etc, or discuss them macro-nationally, or even macro-internationally.

Deadline 1 week after the related class 2 weeks after the presentation session

F. COMMENCEMENTThe commencement is held four times in a year, i.e. on January, April, July, and October. A night before the procession of the commencement in UGM’s Grha Sabha Pramana building, the MMUGM Program holds a Farewell Night which aims at officially releasing the graduates of the MMUGM Program and bidding them congratulations. On the Farewell Night, three best graduates will be chosen from based on the following criteria:

Highest Point Grade Average Maximum study time less than 1.5 times the normal study time No subjects repeated to recover grades No recovery on the components of assessment to recover grades

G. COMMENCEMENT’S PREREQUISITES1. Filling the postgraduate degree certificate (two copies)2. Filling the graduate’s data form (two copies)3. Filling the personal data document (two copies)4. Filling the MMUGM Biodata form (one copy) 5. Filling the Kagama membership registration form (one copy)6. Statement letter confirming that there is no more book borrowed from University

library7. Statement Letter confirming free from borrowing any books from the university’s

postgraduate program library8. Statement Letter confirming free from borrowing any books from the postgraduate

college Faculty of Economic library9. Statement Letter confirming free from borrowing any books from the MMUGM

library


27

10. Statement letter confirming free from borrowing any locker keys from Office of General Affairs. Not obliged to students from Special Class and Jakarta Class (except for Jakarta Class students who take specialization courses in the Yogyakarta Campus)

11. Handing in a statement letter confirming the submission of Thesis Report from the Office of Academic Affairs and Office of IT

12. Handing in the separate abstract of the Thesis Report (in Indonesian language and in English, each one copy)

13. Returning the Student Card14. Handing in one copy of legalized undergraduate degree certificate15. Paying a graduation expense payable to MMUGM Program at UGM Bulaksumur

Yogyakarta branch of Bank BNI Account Number 00-39227019 and handling in the transfer note.

Notes: Number 1 to 5 can be downloaded from http://students.mmugm.ac.id/free with file

name: form wisuda. The form must be typed and then printed on legal/folio size papers.

All forms must be typed, printed, and handed in to the Office of Admissions, Student and Alumni Affairs to be checked, and once they are checked they should be photocopied according to the regulation. The passport size photos and signatures have to genuine.

All of the requirements are submitted to the Office of Admissions, Student and Alumni Affairs

The number of passport size photos that to be prepared (including the ones to be pasted on the forms) is:

o Colored : 2 prints of size 2X3 and 13 prints of size 3X4o Black and White: 5 prints of size 3X4

Processing the statement letters confirming free from borrowing any books or equipments from the libraries (number 6-9) can be done through the Office of Admissions, Student and Alumni Affairs by paying the administration fee of Rp13.000,00 (thirteen thousand rupiahs) and providing 3 copies of Student Card.Passport size photo regulation: latest, colored or black and white, face straight to the front. The ears have to be exposed (female students are allowed to wear veils), no sunglasses. There are no black or white stains on the photos. Free choice of wardrobe as long as they are neat (if the students wish to wear a coat, then it has to be of a bright color, dark colors such as black are not allowed as they might obscure the stamps from being visible on the certificate).

Information on filling up the commencement forms is as follow: Subject of study: Ekonomi Program: Magister Manajemen Course: Ilmu-ilmu Sosial

Rules regarding the graduates’ clothing:- Male students wear a short-sleeved white shirt with collar, black trousers, and black

shoes.- Female students wear short-sleeved white shirt with collar, a skirt longer than the toga,

and black shoes.


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CHAPTER IIIINTERNATIONAL PROGRAM NETWORK

One of the special qualities of the Master of Management, Universitas Gadjah Mada (MMUGM) is its international network with institutions around the globe notable for their excellent reputation. So far, MMUGM has built networking with twenty two reputable universities in the US, Southeast Asia, Europe, Japan, Australia, and Canada.

Through this international networking, MMUGM offers the students enrolling its international program various options. They may conduct their study entirely in UGM, or choose to undertake part of their study in UGM and the rest in overseas universities within the network. Students enrolling its bilingual program may choose to join the short course program abroad. Students derive benefit from this network for being able to study abroad in one of the universities cooperating with MMUGM.

MMUGM offers three kinds of international networking program:a. Dual Degree Programb. Student Exchange Programc. Short Course Program

A. Admission and Requirements of International ProgramStudents desiring to undertake the International Program shall apply to the Office of International Affairs. The dates of application, registration, and beginning of courses at all overseas partner universities are explained in Appendix 1.

1. Procedure of AdmissionStudents must submit/present the following documents:

a. Completed application formb. A valid passportc. A Bank Statement indicating financial ability to undertake the programd. A copy of undergraduate (S1) diploma and academic record (in English)e. Administration fee of IDR2,000,000 made payable to the MMUGMf. A Letter of Statement if Dual Degree Program is desired

1. Conditions of International Program a. Application to the host university is organized by MMUGMb. A non-refundable administration fee applies for applicants of Student Exchange

Program who already passed the interview test but withdraw their participationc. A non-refundable administration fee applies for applicants of Dual Degree

Program who already signed the letter of statementd. Students whose application for Dual Degree is rejected by the host program can ask

for the refund of the administration fee that has been paid. The fee will be deducted by Rp500,000 (five hundred thousand rupiah)

e. If requested, MMUGM will take care of the visa application process. Applicants pay all cost incurred thereof.

f. Students are fully responsible for all living cost, plane ticket, accommodation, and tuition fee for their study in a chosen partner university.

g. The Master of Management (MM) degree will be awarded after students successfully complete their study in the International Program.


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B. Dual Degree ProgramThe dual degree program is a cross-cultural graduate education program that awards participants two master’s level degrees, Master of Management (MM) from UGM and one of the degrees from MMUGM partner universities as follows:1. University of Kentucky and International University of Japan

award Master of Business Administration (MBA)2. University of Groningen, Erasmus University Rotterdam,

University of Stirling, and CERAM Sophia Antipolis award Master of Science (MSc)3. University of Melbourne awards Master of Applied Commerce

(MAC)

This program exposes its students to two very intercontinental socio-cultural settings: Asia and Europe, United States, or Australia. This exposure is expected to have a positive effect in the development of personality, perspective, vision, and adaptive behaviour of the students, preparing them to be able to cope with and be proactive for the ever-changing global business environment. Cross socio-cultural fertilization is the main feature of this program.

Table 16. Requirement of TOEFL, IELTS TWE, and GMAT scores for Dual Degree Programs

DegreeMinimum Score requirement

International TOEFL TWE GMATM.B.A. (University of Kentucky) 213/550/97 or IELTS 6.0 4.5 500M.Sc. (University of Groningen) 237/580 or IELTS 6.5 4 -M.A.C. (University of Melbourne) 233/577 or IELTS 6.5 5.0 -M.Sc. (University of Stirling) 213/550 or IELTS 6.0 4 -M.Sc. (Ceram Sophia Antipolis) 230/580 - -M.B.A. (International University of Japan) 213/550 or IELTS 6.0 500

1. Dual Degree Program: University of Kentucky (UK)In cooperation with MMUGM, University of Kentucky offers the Master of Business Administration (MBA) program. The MBA program of UK is designed to provide students a foundation of managerial education such that they are ready to carry managerial responsibility in various organizations.

a. Admission In addition to completing the on line application form, students should also submit other completion documents to Office of international Affairs MMUGM. The office will send the documents to the graduate School of Business and Economics and to the MBA Centre, UK. All documents should be received by UK not later than 1 February.To be considered for the program, candidates must:* have completed a minimum of 31 credit hours (exclusive of master’s thesis) at MMUGM * complete and submit an application form via online (www.redefinedmba.uky.edu) by 15 January


http://www.redefinedmba.uky.edu/

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* attain a Grade Point Average of at least 2.75 from undergraduate degree and GPA of at least 3.0 from MMUGM* pay the admission fee to the University of Kentucky Graduate School* Submit other completion documents such as:

Completed MBA application form A completed application form for the Graduate School Three letters of reference or recommendation from lecturers or employers A recent resume An essay on purpose of study at MBA program A Guarantee Statement for a minimum of US$37,000 for a year official academic records from university official GMAT Score received directly by UK from Pearson VUE and ACT, Inc.

Minnesota not later than 31 March Official TOEFL and TWE scores received directly by UK from the Educational

Testing Service, New Jersey not later than 31 March.

b. Tuition FeeThe tuition fee must be paid to UK according to the current regulations at UK. For information, the tuition fee paid by foreign students in one semester in 2006-2007 was US$ 10,646 (for 9 or more credits). In general, tuition fee increases every year following an inflation rate of 5%-10% a year.

The tuition fee paid to MMUGM by students undertaking a dual degree program will be recalculated in proportional amount to the courses (credit hours) taken in MMUGM. A refund of tuition fee will be granted if the total amount paid exceeds the tuition fee required for all courses taken in MMUGM; the refund may be claimed after students complete the dual degree program refer to the current regulations.

c. Program Policies- Applicants must complete the required courses at MMUGM (31 credit hours

without a master’s thesis) with a GPA of at least 3.0. The thesis can be completed after they have completed the courses at UK.

- Students must complete all required courses at UK and make a full payment to UK.- After completing their study at UK, the students are not required to take

specialization courses, but are still required to write a master’s thesis at MMUGM.- MMUGM will transfer a maximum of 12 credit hours from UK into specialization

courses at MMUGM.- Students who are considered “Flank” are required to withdraw from the program.

Consequently, UK will issue an academic record only for the courses taken, and will not award a degree.

- Students who cannot successfully finish their study in the Consortium may still have opportunity to earn a degree of MM by taking all required courses at MMUGM and paying the tuition fee for those courses.

- MMUGM respects all regulations applied by the partner institutions and will never intervene, such as to change the grade given by the Consortium. Regulations for grade conversion are decided through the Decree of MMUGM Director.

2. Dual Degree Program: University of Groningen (RUG)M.Sc. program offered by the University of Groningen is designed as a program that gives intensive study in the relevant fields and gives opportunity to students not only to comprehend important topics/issues but also to provide them with skills in handling


31

challenges faced by the management internationally and locally. The lectures are conducted systematically by combining the theories and change consequences and business environment differences in such a way that the students are expected to be able to apply their knowledge to decide the strategy, the implemented instruments, and its applications.In general, the study period at RUG is one year, starting in September. The application deadline through MMUGM is in February while the registration deadline at RUG is in April (see Appendices).

a. RequirementsTo be admitted in this program, students must:

have completed the required number of credit hours at MMUGM with a minimum GPA of 3.0

complete all documents of application for the M.Sc. program by 30 April send by bank transfer, the deposit of living cost as much as €9,000 as a requirement

to obtain residence permit in the Netherlands. The deposit will be returned to the students upon arrival in Groningen, the Netherlands.

Submit other required completion documents, such as: Completed application form A copy of official undergraduate academic record and diploma (in English) Two letters of reference (the form is provided) An evidence of English competence, International TOEFL > 237/580 with

TWE > 4.5 or IELTS 6.5 A recent curriculum vitae/resume and a Letter of Statement indicating the

candidate’s motivation A bank statement or a letter from sponsor indicating the candidate’s

financial ability to undertake the program A copy of passport, renewed birth certificate, and 2 passport size

photographs Other documents for student visa application.b. Tuition Fee

Students should pay the tuition fee to the University of Groningen as established by RUG. For information, the annual tuition fee at RUG for international students in 2007/2008 is €11,000. In general, tuition fee increases every year following an inflation rate of 5%-10% a year. The tuition fee paid to MMUGM by students undertaking a dual degree program will be recalculated in proportional amount to the courses (credit hours) taken in MMUGM. A refund of tuition fee will be granted if the total amount paid exceeds the tuition fee required for all courses taken in MMUGM; the refund may be claimed after students complete the dual degree program refer to the current regulations.

c. Program Policies- Applicants must complete the required courses at MMUGM as requested by

RUG with a GPA of at least 3.0. - Students who are considered “Flank” are required to withdraw from the

program. Consequently, RUG will issue an academic record only for the courses taken, and will not award a degree.

- Students who cannot successfully finish their study in RUG may still have opportunity to earn a degree of MM by taking all required courses at MMUGM and paying the tuition fee for those courses.

- Students should take all courses required by RUG and pay full tuition fee to RUG


32

- MMUGM will transfer the thesis and several courses equal to maximum 12 credit hours as specialization courses

- After completing the study at RUG, students are not required to write a master’s thesis at MMUGM

- MUGM respects all regulations applied by the partner institutions, and will never intervene, such as to change the grades given by RUG. The rules for grade conversion are decided through the Decree of MMUGM Director.

d. Program Details

Table 17: MSc in Business AdministrationSpecialization: Business & Information Communication Technology

FIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r

Courses €peanCredits

1 1. Business Ethics 2 1 1. Strategy & ICT (Field Course) 102. Business Law 2 2. ICT Systems 103. Financial Management 3 Electives: (Choose one)4. Marketing Management 3 1. Business Processes & ICT 105. Operations Management 3 2. ICT: Human & Organizational Issues 106. Organizational Behaviour 3 Choices: (Choose two)7. Managerial Personality (4 sessions)

0 1. Inf. Systems for Operations & Supply Chain

2 1. General Business Environment 3 52. Management Control Systems 3 2. Field Course Marketing 53. Strategic Management 3 3. Field Course Business Development Ia 54. Systems and Information Technology

3 4. Field Course Business Development Ib 5

5. Business Research Methods 3 5. E-commerce 56. Managerial Personality (4 sessions)

0 6. Business Intelligence 5

3 1. Analyzing and Designing e-Business

3 2 Thesis 20

2. Strategic Information Systems 33. Managing e-Business (Recomd) 34. e-Marketing (Recomd) 3

Specialization: Change ManagementFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 1. Change Management (Field course) 102. Business Law 2 2. Advanced HRM IIa: Theories of

Change5

3. Financial Management 3 3. Advanced HRM Ib: Production Concepts and Design

5

4. Marketing Management 3 Choices: (Choose one)5. Operations Management 3 1. Strategy & Innovation 106. Organizational Behavior 3 2. Organizational & Management

Control10

7. Managerial Personality (4 sessions) 0 3. ICT: Human & Organizational Issues 102 1. General Business Environment 3 2 1. Management Consulting 5

2. Management Control Systems 3 2. Skills training & thesis preparation 53. Strategic Management 3 3. Thesis 204. Systems and Information Technology 35. Business Research Methods 3


33

6. Managerial Personality (4 sessions) 03 1. Organizational Structure & Design

(Recomd)3

2. Organizational Development & Change 3


34

Specialization: FinanceFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 Compulsory for RPM:2. Business Law 2 1. Finance (Field course) 103. Financial Management 3 2. Portfolio Management 104. Marketing Management 3 3. Risk and Derivatives 105. Operations Management 3 Compulsory for CFM:6. Organizational Behavior 3 1. Finance (Field course) 107. Managerial Personality (4 sessions)

0 2. Corporate Governance, Finance & Strategy

10

2 1. General Business Environment 3 3. Corporate Valuation 102. Management Control Systems 3 Elective: (Take 10 credits)3. Strategic Management 3 1. Theoretical Foundations of Corporate

Finance10

4. Systems and Information Technology

3 2. Working Capital Management 5

5. Business Research Methods 3 3. Behavioural Finance 56. Managerial Personality (4 sessions)

0 4. Institutional Investment Management 5

3 1. Portfolio Management 3 5. Credit Risk Analysis 52. International Finance 3 2 Thesis 203. Financial Analysis & Business Valuation

3

Specialization: MarketingFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 Compulsory:2. Business Law 2 1. Marketing (Field course) 103. Financial Management 3 2. Advanced Marketing Research 104. Marketing Management 3 3. Marketing Model Building 105. Operations Management 3 2 Electives: (Take 10 credits)6. Organizational Behaviour 3 1. Management Accounting 107. Managerial Personality (4 sessions)

0 2. Small Business and Entrepreneurship

10

2 1. General Business Environment 3 3. Business Marketing 102. Management Control Systems 3 4. Specialization Course Business &

IC10

3. Strategic Management 3 5. Strategy & Innovation 104. Systems and Information Technology

3 6. E-commerce 5

5. Business Research Methods 3 7. Business Development 106. Managerial Personality (4 sessions)

0 8. Consumer Behaviour 10

3 1. Consumer Behaviour Analysis 3 9. Advanced Quality Management 52. Global Marketing 3 10. Retail Marketing 53. Advanced Marketing Strategy 3 Thesis 20


35

Specialization: Operations & Supply ChainsFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 Compulsory:2. Business Law 2 1. Operations & Supply Chains (Field

course)(Specialization: Production and Distribution)

10

3. Financial Management 3 2. Information Systems for Operations & Supply Chains (Specialization: Services)

10

4. Marketing Management 3 3. Service Operations 105. Operations Management 3 Electives: (Choose 20 credits) 106. Organizational Behavior 3 1. Advanced Purchasing and Supply

Management10

7. Managerial Personality (4 sessions)

0 2. Business-to-Business Marketing 10

2 1. General Business Environment 3 3. Finance 102. Management Control Systems 3 4. Accounting 103. Strategic Management 3 5. HRM 104. Systems and Information Technology

3 6. ICT 10

5. Business Research Methods 3 7. Business Development 106. Managerial Personality (4 sessions)

0 8. Technology Management 10

3 Supply Chain Management 3 2 Thesis 20

Specialization: Strategy & InnovationFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 Strategy & Innovation (Field course) 102. Business Law 2 Strategy & Innovation 103. Financial Management 3 Capturing value from Innovation 54. Marketing Management 3 Innovation and Entrepreneurship 55. Operations Management 3 2 Electives: (Choose one)6. Organizational Behaviour 3 1. Management van Business Development 57. Managerial Personality (4 sessions)

0 2. Integral Business Development 5

2 1. General Business Environment 3 3. Corporate Governance & Stakeholder Management

5

2. Management Control Systems 3 4. E-commerce 53. Strategic Management 3 5. Advanced Quality Management 54. Systems and Information Technology

3 6. Management Consulting 5

5. Business Research Methods 3 Thesis 256. Managerial Personality (4 sessions)

0

3 1. Industry and Competitive Analysis

3

2. Corporate Strategy 3


36

Table 18: MSc in Human Resource Management

Program StructureFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 and 2 Profile: Application Oriented2. Business Law 2 1. Advanced HRM Ia 53. Financial Management 3 2. Advanced HRM IIa 54. Marketing Management 3 3. Advanced HRM Ib 55. Operations Management 3 4. Advanced HRM IIb 56. Organizational Behaviour 3 5. Applied HRM 57. Managerial Personality (4 sessions) 0 Profile: Theoretical/Policy-Oriented

2 1. General Business Environment 3 1. Advanced HRM Ia 52. Management Control Systems 3 2. Advanced HRM IIa 53. Strategic Management 3 3. Advanced HRM Ib 54. Systems and Information Technology

3 4. Advanced HRM IIb 5

5. Business Research Methods 3 5. Management Consulting 56. Managerial Personality (4 sessions) 0 Electives: (Take 15 credits)

3 1. Organizational Structure & Design 3 1. Service Operations 52. Organizational Development and Change

3 2. Personnel Economics 5

3. Strategic Human Resource Management

3 3. Corporate Governance & Stakeholder Mgt.

5

4. HRM & International Labour Law 5

5. Advanced Quality Management 5

6. Conflict Mgt. & Industrial Relations 5Thesis 20

Table 19: MSc in International Business & Management

Program StructureFIRST YEAR AT MMUGM SECOND YEAR AT RUG

Trim

este

r

Courses CreditHours

Sem

este

r


1 1. Business Ethics 2 1 Advanced International Economics & Business

10

2. Business Law 2 Advanced International Business 103. Financial Management 3 Advanced International Management 54. Marketing Management 3 Advanced International Financial

Management

5

5. Operations Management 3 2 Research Methodology for MSc IB&M 56. Organizational Behavior 3 Thesis 257. Managerial Personality (4 sessions)

0

2 1. General Business Environment 32. Management Control Systems 33. Strategic Management 3


37

4. Systems and Information Technology

3

5. Business Research Methods 36. Managerial Personality (4 sessions)

0

3 1. International Finance 32. Global Marketing 33. International Trade 3


38

3. Dual Degree Program: University of MelbourneOne of Dual Degree Program choices for MMUGM students is to study at the Faculty of Economics and Commerce in the University of Melbourne, Australia that culminates in earning an MAC (Master of Applied Commerce) degree. Faculty of Economics and Commerce in the University of Melbourne has international reputation, established and supported by reliable academics staff and highly acknowledged students performance.a. Admission Requirements

- Completed the form of application (available at the Office of International Affairs, MMUGM or downloaded from www.unimelb.edu.au/admissions);

- Undergraduate, or MM GPA of at least 3.0- A minimum of 233/577 on TOEFL (computer based) and 5.0 for Essay rating,

or a minimum score of 6.5 for an average overall score on IELTS;- A curriculum Vitae;- A letter of reference from work-supervisor for applicants who have working

experience, and is completed with,- A letter of statement indicating the working experience of at least 1 year.

b. Tuition FeeThe tuition fee for 2007/2008 is decided to be AUS$ 24,940 a year.

c. Program PoliciesStudents of this program will be registered as full-time students for 2 semesters at University of Melbourne and must complete at least 8 courses. Students may start at either MMUGM or University of Melbourne and must take all core courses in each program. In other words, the core courses of MMUGM must be completed at MMUGM and the core courses of University of Melbourne must be completed in Melbourne.Specialization courses for these two programs may be taken in one of the institutions. When those courses are taken at MMUGM, they are transferable to University of Melbourne to fulfil the requirements for the MAC degree. Likewise, specialization courses taken at University of Melbourne are transferable to MMUGM to fulfil the requirements for the MM degree. Therefore, specialization courses may be completed in any institution.

d. Course Structure

Table 20. Courses at the University of Melbourne

PROGRAM SUBJECTSPROGRAM STRUCTURE

12-subject stream 16-subject stream

MAC (GENERAL)

Fundamentals subjects:Business FundamentalsEconomics and Commerce

Core subjects:Accounting for Decision MakingManagement Information SystemsMicroeconomics and StrategyQuantitative Methods for BusinessMacroeconomics for ManagersMarketing ManagementHuman Resource ManagementStrategyProduction and Operations ManagementBusiness Finance

10 core subjects2 elective subjects chosen from the list

3 semesters full-time

2 fundamental subjects10 core subjects4 elective subjects chosen from the list



http://www.unimelb.edu.au/admissions

39

MAC(ACCOUNTING)


Core business foundation subjects:Microeconomics and StrategyQuantitative Methods for BusinessManagement Information SystemsAccounting for Decision MakingBusiness Finance

Core accounting subjects:Strategic Cost ManagementStrategic Performance ManagementCorporate ReportingFinancial AccountingAuditing and Assurance ServicesLegal Issues for AccountantsTaxation for Business Decision Making

5 core subjects7 core accounting subjects


2 fundamental subjects5 core subjects7 core accounting subjects2 elective subjects chosen from the list


MAC (BUSINESS ANALYSIS AND SYSTEMS)


Core business foundation subjects: Accounting for Decision MakingManagement Information SystemsMicroeconomics and StrategyQuantitative Methods for BusinessBusiness FinanceStrategy

Business analysis and systems subjects:Enterprise Resource Planning SystemsElectronic CommerceStrategic Enterprise SystemsStrategic Cost ManagementStrategic Performance ManagementFinancial Statement Analysis

6 core subjects5 core business analysis and systems subjects1 elective subjects chosen from the list


2 fundamental subjects6 core subjects5 core business analysis and systems subjects3 elective subjects chosen from the list


MAC (HUMAN RESOURCE MANAGEMENT)

Fundamentals subjects:Business FundamentalsEconomics and CommerceCore subjects chosen:Accounting for Decision MakingMicroeconomics and StrategyHuman Resource ManagementStrategyMacroeconomics for Managers orQuantitative Methods for BusinessManagement Information Systems orBusiness Finance orMarketing ManagementHuman resource subjects:Employment Systems in the Modern WorldContemporary Issues in HRMContemporary Organisational BehaviourEmployee Relations PolicyDeveloping Workplace HR Competencies

6 core subjects5 human resource subjects1 elective subjects chosen from the list


2 fundamental subjects6 core subjects5 human resource subjects3 elective subjects chosen from the list


MAC (INTERNATIONAL)# Note: at the time of printing the Faculty of Economics and Commerceis awaiting University approval for the MAC (International).

Fundamentals subjects:Business FundamentalsEconomics and CommerceCore subjects:Accounting for Decision MakingMicroeconomics and StrategyHuman Resource ManagementMarketing ManagementStrategyBusiness FinanceInternational business subjects:International AccountingInternational Marketing ManagementInternational FinanceInternational ManagementBusiness-to-Business MarketingManaging e-Business Supply Chains

6 core subjects5 international business subjects1 elective subjects chosen from the list


2 fundamental subjects6 core subjects5 international business subjects3 elective subjects chosen from the list



40

MAC (MARKETING)

Fundamentals subjects:Business FundamentalsEconomics and CommerceCore subjects:Accounting for Decision MakingMicroeconomics and StrategyMacroeconomics for Managers orQuantitative Methods for BusinessMarketing ManagementHuman Resource ManagementManagement Information Systems orBusiness Finance Marketing subjects:Applied Marketing ResearchMarketing Plans and StrategyProduct ManagementServices and Relationship MarketingElectronic MarketingCustomer BehaviourCommunications and Promotion ManagementBusiness-to-Business MarketingInternational Marketing Management

6 core subjects5 marketing subjects1 elective subjects chosen from the list


2 fundamental subjects6 core subjects5 marketing subjects3 elective subjects chosen from the list


MAC (OPERATIONS MANAGEMENT)

Fundamentals subjects:Business FundamentalsEconomics and CommerceCore subjects:Accounting for Decision MakingManagement Information Systems orMarketing ManagementStrategyMicroeconomics and StrategyHuman Resource ManagementProduction and Operations ManagementManagement subjects:Decision AnalysisInnovation ManagementProject ManagementTechnology ManagementQuality ManagementManaging e-Business Supply ChainsSupply Management

6 core subjects5 management subjects1 elective subjects chosen from the list


2 fundamental subjects6 core subjects5 management subjects3 elective subjects chosen from the list


MAC (ORGANISATIONAL CHANGE)

Fundamentals subjects:Business FundamentalsEconomics and CommerceCore subjects chosen from:Management Information SystemsAccounting for Decision Making orBusiness FinanceMicroeconomics and StrategyMacroeconomics for Managers orQuantitative Methods for BusinessHuman Resource ManagementStrategyOrganisational change subjects:Managing OrganisationsPerspectives on Managing ChangeManagement Ideas and ConsultancyManaging in Information SocietiesManaging Organisational LearningPeople, Organisations and Change

6 core subjects5 organisational change subjects1 elective subjects chosen from the list


2 fundamental subjects6 core subjects5 organisational change subjects3 elective subjects chosen from the list


The elective subjects for the Master of Applied Commerce programs can be chosen from the list

below. The number of electives you may choose varies with each program. Selection of electives is

subject to approval of the Academic Director of the Program.


41

Table 21: List of Electives Subjects

NO SUBJECT1 Applied Marketing Research2 Communications and Promotion Management3 Customer Behaviour4 Economics for e-Commerce5 Economics of the Public Sector6 Electronic Commerce7 Electronic Marketing8 Enterprise Resource Planning Systems9 Environmental Economics and Strategy10 Governance, Monitoring and Disclosure11 International Finance12 International Marketing Management13 Marketing Economic14 Marketing Plans and Strategy15 Product Management16 Quality Management17 Services and Relationship Marketing18 Strategic Cost Management19 Strategic Enterprise Systems20 Strategic Performance Management21 Supply Management

4. Dual Degree Program: University of StirlingIn line with the very rapid changing of business environment and the world economy globalization, MMUGM and the University of Stirling offer a dual degree program with specializations in International Business, Human Resource Management, Information System Management, Innovation, Commercialisation and Entrepreneurship, and Management. The degrees awarded will be Master of Management (MM) and Master of Science (MSc).

a. Admission RequirementsTo be admitted in this program, students must:- have completed the required number of credit hours at MMUGM with a

minimum GPA of 3.0- complete all documents of application for the M.Sc. program by 30 April- Submit other required completion documents, such as:

b. Completed application form that can be downloaded from www.stir.ac.uk/departments/management/management&organisation/postgrad

A copy of official undergraduate academic record diploma (in English) Two letters of reference (the form is provided) An evidence of English competence, International TOEFL > 213/550 or

IELTS 6.0 A recent curriculum vitae/resume and a Letter of Statement indicating the

candidate’s motivation A bank statement or a letter from sponsor indicating that the candidate has

sufficient fund approximately £16,400 for a year A copy of passport and 2 prints of size 3x4 cm photograph Other documents for student visa application.


42

c. Tuition FeeStudents should pay the tuition fee to the University of Stirling as established by the University of Stirling. For information, the annual tuition fee at the University of Stirling is £9,200-£9,700 for international students in 2007/2008. In general, tuition fee increases every year following an inflation rate of 5%-10% a year. The tuition fee paid to MMUGM by students undertaking a dual degree program will be recalculated in proportional amount to the courses (credit hours) taken in MMUGM. A refund of tuition fee will be granted if the total amount paid exceeds the tuition fee required for all courses taken in MMUGM; the refund may be claimed after students complete the dual degree program refer to the current regulations.

d. Program Policies Applicants must complete the required courses at MMUGM with a GPA of at

least 3.0. Students who are considered “Flank” are required to withdraw from the

program. Consequently, the University of Stirling will issue an academic record only for the courses taken, and will not award a degree.

Students who cannot successfully finish their study in the University of Stirling may still have opportunity to earn a degree of MM by taking all required courses at MMUGM and paying the tuition fee for those courses.

Students should take all courses required by the University of Stirling and pay full tuition fee to the University of Stirling

MMUGM will transfer several courses equal to maximum 9 credit hours and the thesis which equals to 3 credit hours from the University of Stirling

After completing the study at the University of Stirling, students are not required either to take concentration courses and to write a master’s thesis at MMUGM

MUGM respects all regulations applied by the partner institutions, and will never intervene, such as to change the grades given by the University of Stirling. The rules for grade conversion are decided through the Decree of MMUGM Director.

5. Dual Degree Program: CERAM Sophia AntipolisCERAM Sophia Antipolis (CERAM) and MMUGM offer a dual degree program that will award the degrees of Master of Management (MM) and Master of Science (MSc). This program is an ideal option for those wishing an in-depth preparation for working in an international environment. Students will be able to develop, consolidate, and deepen knowledge of the various issues associated with doing business across boundaries and across continents while sharing this experience with students from a range of countries and backgrounds. Within the cooperation framework, the students are possible to choose the specialisation either in International Business, International Finance, International Project Leadership, or Strategic Tourism Management.a. Admission Requirements

To be admitted in this program, students must: have completed the required number of credit hours at MMUGM with a

minimum GPA of 3.0 complete all documents of application for the M.Sc. program by 30 April pay

application fee of €120 to CERAM Submit other required completion documents, such as: Completed application form


43

A copy of official undergraduate academic record and diploma (in English) Two letters of reference (the form is provided) An evidence of English competence, International TOEFL > 237/580 or IELTS

6.5/7.0 A recent curriculum vitae/resume and a Letter of Statement indicating the

candidate’s motivation A bank statement or a letter from sponsor indicating that the candidate has

sufficient fund approximately €21,000 for a year A copy of passport, birth certificate, and 2 prints of size 3x4 cm photograph Other documents for student visa application.

b. Tuition FeeStudents should pay the tuition fee to CERAM as established by CERAM. For information, the tuition fee per program at CERAM in 2006 is €10,500 for all students. In general, tuition fee increases every year following an inflation rate of 5%-10% a year. The tuition fee paid to MMUGM by students undertaking a dual degree program will be recalculated in proportional amount to the courses (credit hours) taken in MMUGM. A refund of tuition fee will be granted if the total amount paid exceeds the tuition fee required for all courses taken in MMUGM; the refund may be claimed after students complete the dual degree program refer to the current regulations.

c. Program Policies Applicants must complete the required courses at MMUGM with a GPA of at

least 3.0. Students who are considered “Flank” are required to withdraw from the

program. Consequently, the University of Stirling will issue an academic record only for the courses taken, and will not award a degree.

Students who cannot successfully finish their study in CERAMmay still have opportunity to earn a degree of MM by taking all required courses at MMUGM and paying the tuition fee for those courses.

Students should take all courses required by CERAM and pay full tuition fee to CERAM

MMUGM will transfer several courses equal to maximum 9 credit hours and the thesis which equals to 3 credit hours from CERAM

After completing the study at CERAM, students are not required either to take concentration courses and to write a master’s thesis at MMUGM

MMUGM respects all regulations applied by the partner institutions, and will never intervene, such as to change the grades given by CERAM. The rules for grade conversion are decided through the Decree of MMUGM Director.

C. STUDENT EXCHANGE PROGRAMThe objectives of MMUGM to build networking with reputable schools of business overseas that offer Student Exchange Program are to allow MMUGM International students to expand their knowledge and experience on international business and to open bigger opportunities for students to work in international labour market.

Student Exchange Program is held by MMUGM (referred as home program) and one of the partner universities: University of Victoria, Canada; Rotterdam School of Management, the Netherlands; Agder University College, Norway; International University of Japan, Japan; University of Innsbruck, Austria; Vienna University of Economics and Business Administration, Austria; Jönköping International Business


44

School, Sweden; Lille Graduate School of Management, France; Groupe ESC Clermont Graduate School of Management, France; ESCEM, School of Business and Management, Poitiers, France, National University of Singapore, Singapore, Pforzheim University, Germany; Salzburg University, Austria; University of Applied Sciences Cologne, Germany; and five distinguished universities in South East Asia the members of ASEAN Graduate Business and Economics Programs Network (AGBEP Network) – (referred as host program).

This program will not award a degree, but all credits and grades earned at the host program are transferable to the home program (MMUGM). The rules for conversion of credit hour and grade from the host program to the home program are decided through the Decree of MMUGM Program Director.

Admission to the Exchange Program is based on the result of an interview test carried out by the Board of MMUGM Directors. Only students successfully passing the interview test are able to follow the student exchange program to one of the host programs.

Table 22. A Maximum Number of Students to be Admitted by Host Programs

Host UniversityNumber of

Possibly Admitted Students

Enrolment

1AGBEP (ASEAN Graduate Business and Economics Programs) Network, consists of University of Malaya, De La Salle University, University of Brunei Darussalam, Universiti Sains Malaysia, University of the Philippines

(5% of available seats in the program)

(See Appendix 2)

2 Agder University College, Norway 7 Autumn

3 ESCEM, School of Business and Management, Poitiers, France 3 Spring

Autumn

4 Groupe ESC Clermont, Graduate School of Management, France

33

SpringAutumn

5 International University of Japan, Japan 11

AutumnSpring

6 Jönköping International Business School, Sweden 22

SpringAutumn

7 Lille Graduate School of Management, France 33

SpringAutumn

8 National University of Singapore, Singapore 2 JanuaryAugust

9 Pforzheim University, Germany 3 SpringAutumn

10 Rotterdam School of Management, The Netherlands 11

AutumnSpring

11 Salzburg University of Applied Sciences, Austria 3 SpringAutumn

12 University of Applied Sciences Cologne, Germany 3 SpringAutumn

13 University of Groningen, The Netherlands 5 Spring

14 University of Innsbruck, Austria 22

SummerWinter

15 University of the Philippines, The Philippines 4JanMaySept

16 University of Victoria, Canada 5 Fall

17 Vienna University of Economics and Business Administration, Austria

22

SpringWinter


45

1. Program Requirements and Policiesa. Admission requirements for Student Exchange Program (SEP) include:

Being registered as an International Program Student having completed at least 15 credit hours with an accumulative grade point

average of at least 3.0 before departing to the university hosting the SEP Having completed a maximum of 31 credit hours (exclusive of a master’s

thesis). A student having completed more than 31 credit hours (exclusive of a master’s thesis) is required to pay Rp4.500.000 (four million and five hundred thousand rupiahs) for his/her participation in the SEP before departing to the University hosting the SEP

Passing an interview test that is carried out by MMUGM Submit administration fee to MMUGM as musch as IDR2,000,000 prior to

the interview test. In case the applicants fail at the interview test, the fee will be refunded. However, applicants who pass the test but cancel the participation cannot claim to refund the fee (non refundable).

Students of the SEP participants must complete core courses (courses of Trimester I and Trimester II) at MMUGM.

MMUGM program will organize and facilitate the SEP participants for 1 trimester (semester) only. Should students extend participation in the SEP, all costs incurred become their full responsibility.

b. Policies Participants of the SEP may either transfer or not transfer the courses taken

at the university hosting the SEP. In a case that students decide to transfer the courses taken at the host

university, the following terms and conditions apply as according to the MOU for the SEP program:

The names of the courses being transferred will appear in the academic transcript without any changes or adaptation. An exception is given to Business English from University of Victoria, which is written into Business English (Business Communication).

The total of credit hours transferable will be counted based on the credit hour conversion rules, which are explained in Appendix 2.

Grade conversion rules apply for the courses being transferred, and these rules are explained in Appendix 3.

In a case that students decide not to transfer the courses taken at the host university, the following terms and condition apply:

The SEP participants are still required to complete courses equivalent to 43 credit hours at MMUGM.

Students must pay tuition fee for additional courses taken at MMUGM to fulfil a minimum of 43 credit hours.

Tuition fee must be paid for the latest by the end of the first week of the quarter intended.

The number of courses taken at the SEP-hosting university does not affect the total tuition fee paid to MMUGM provided that there is no additional fee to be paid by MMUGM to the host university.

MMUGM program has no authority to carry out a remedial test to improve the grades of courses earned at the host university.

MMUGM respects all regulations applied by the partner institutions, and will never intervene, such as to change the grades given by the partner


46

university. Regulations for grade conversion are decided through the Decree of MMUGM Director.

2. Rules for Credit hour and Grade Conversion The international program brings the consequence that MMUGM sets the Rules for Credit Hour Conversion, which are explained in Appendix 2, and the Rules for Grade Conversion, which are explained in Appendix 3.

3. Tuition FeeThe tuition fee paid to MMUGM covers tuition for taking courses required at home university up to a maximum of 34 credit hours and tuition and fees for host university up to a maximum credit hour, which is equivalent to 9 credit hours. If a student takes more than the credit hours agreed in the contract and it causes an additional fee payment, then he/she is responsible for the payment. Likewise, if a student takes more than 34 credit hours at home university, he/she must pay an additional fee for the excess. The cost for departure preparation (administration, passport, visa and tax, etc), living cost, airfare, and accommodation must be paid by the SEP participant.

D. SHORT COURSEMMUGM program also offers an opportunity to study abroad through a short course. This program offers benefit of flexibility in deciding courses to be taken and the commencement of the program. Students can choose to study at University of Kentucky or at the Fox School of Business and Management, Temple University.

University of Kentuckya. The requirements for the program include:

i. Students have completed a minimum of 15 credit hours at MMUGMii. Students have an accumulative GPA of at least 3.0 without a grade letter D or

maximum 2 grades letter C at the time of departure.iii. University of Kentucky does not require special requirements for Short Course

participants, so this program is open for both international program students and bilingual program students of MMUGM.

iv. Participants will get assistance to find an apartment (housing), to open a bank account, and to apply for an insurance

v. Participants will get facilities of 3 visits to tourism objects desired, computer and library at campus, transportation from and to Lexington Airport and from apartment to the campus and vice versa, telephone, fax and photocopy at campus, a welcoming reception including fruits served in each hotel room at the time of arrival, and a farewell dinner.

vi. After the program finishes, participants who successfully pass the courses will earn grades from University of Kentucky and they are transferable to the Academic transcript of MMUGM program.

vii. University of Kentucky will provide documents for visa application.viii. The courses required are 3 specialization courses, each of which takes a term of 4

weeks (40-42 hours in class) including the final test. ix. The program is conducted from August to December during a 14 week term

including a one week break between the first and the second courses and between the third and the fourth courses.

b. Fee


47

The fee varies depending on the number of participants and courses taken. The fee will be informed soon after the number of participants and courses is fixed. For information, the fee each participant paid in 2002 was US$8,000 for a number of participant between 7 and 10; US$5,500 for a number of participant between 11 and 15; US$5,000 for a number of participant between 16 and 20; and US$4,500 for a number of 21-25 participants. The fee covers tuition, insurance, books, printed materials, and accommodation. Participant will stay in Extended Stay America, which is fully furnished and equipped with TV set, cutlery, bed sheet, AC, room heater, washing machine, parallel telephone in each room, and weekly cleaning service. It locates near a shopping and restaurant area. The room has one double bed, kitchen, and dining or reading room.

Temple University (Fox School of Business and Management) a. The requirements for the program include:

Students have completed a minimum of 15 credit hours at MMUGM Students have an accumulative GPA of at least 3.0 without a grade letter D or

maximum 2 grades letter C at the time of departure. Temple University does not require special requirements for Short Course

participants, except that the participants must be international program students of MMUGM.

Participants will get a Temple University’s ID, so they will be able to use all facilities provided by the university.

After the program finishes, participants who successfully pass the courses will receive a certificate, and the grades earned at Temple University are transferable to the Academic transcript of MMUGM program.

Temple University will provide documents for visa application, assistance to find an apartment (housing) and to apply for a health insurance.

b. FeeThe tuition fee below is an example issued in 2001:

If a minimum of 10 students is met, each participant must pay a US$12,000 tuition fee. The fees covers only textbooks and printed materials, not including housing, food, airfare, health insurance and other costs of living.

Participant must US$500 for Health Insurance valid for a period of 2 months, which covers all costs of medical treatment and medication, exclusive of teeth and eyes.

An estimate of monthly living cost in Philadelphia (housing and food) is approximately US$2000.


48

E. INTERNATIONAL STUDENT

Application ProcedureForeign students applying for admission at MMUGM must apply for a study permit to the Indonesian Ministry of National Education. No application form is needed for this purpose, but foreign students are advised to write a letter of application directly to the nearest Indonesian Embassy, addressed to:

Director General of Higher EducationMinistry of National EducationJl. Pintu I, Senayan,Jakarta, Indonesia.

Together with the following papers:a. Curriculum vitae (resume, personal data)b. Guarantee Statement, indicating financial ability to undertake education in Indonesia,

in the form of a bank statement.c. Copies of academic transcript and diploma.d. Recommendation letter from applicant’s school/institutione. A Letter of Statement from MMUGM explaining that the applicant is admitted to the

program.f. Recommendation letter from the Indonesian Embassyg. A letter stating that the applicant will not engage in a job and will obey the Indonesian

law and regulations.h. Passport size photographsi. A copy of passport showing the applicant’s picture and the date of issuance and

expiration. The passport must be valid and current for the period of study in Indonesia.j. Statement of good health from applicant’s doctor.

It is advisable to send UGM a copy of the application letter and its enclosures so that the University can proceed to obtain approval from the Ministry of National Education in Jakarta to save the time in awaiting the study permit. It will take at least 6 months to arrange this study permit. After obtaining a Limited Permit Visa, foreign students must report to the Regional Police Office to obtain a certificate of Reporting Evidence and a letter of Voluntary Reporting. It costs approximately Rp250,000 each. In addition to the above procedures, foreign students can also have a social and culture visit visa from the Indonesian Embassy in their home country. This type of visa is valid only for 2 months and must be renewed every month in the Immigration Office by paying Rp250,000 tax. Foreign students holding this type of visa must also report their arrival to the Regional Police Office to obtain a Certificate of Reporting Evidence and pay Rp50,000 fee for foreigner.

FeeForeign or international students who study as participants of Student Exchange Program are exempted from tuition fee. Aside from the existing cooperation framework, foreign or international students are charged with tuition fee as follows:


49

Table 23: Tuition Fee for Foreign or International Students

NO NATIONALITY PROGRAM ENROLMENT

TUITION

1 Indonesians(Who are living and studying abroad)

Non Graduating Program(Bilingual or International)

IDR 1,500,000 per TCH (Trimester Credit Hours)

2 Europeans, Australians, New Zealanders, Japanese, US

Non Graduating Program (International)

US$ 3,000 per trimester

3 Others Non Graduating Program (International)

US$ 2,000 per trimester

4 Europeans, Australians, New Zealanders, Japanese, Americans

Graduating Program(International)

US$ 8,000 per program (paid in 2 instalments)

5 Others Graduating Program(International)

US$ 6,000/program

6 Others Graduating Program(Bilingual)

US$ 5,000/program

Further information about the application for international students can be obtained through:

Office of International AffairsMaster of Management Universitas Gadjah Mada1st Floor, Room 105 MMUGM Building Jalan Teknika Utara Yogyakarta Indonesia 55281Ph. +62 (0) 274 511036 ext 121Fax. +62 (0) 274 511035e-mail: [email protected] [email protected]


mailto:[email protected]

mailto:[email protected]

50

CHAPTER IVFACILITIES AND FINANCIAL POLICY

A. ACADEMIC FACILITY

1. The LibraryThe library of MMUGM is an open library accessible for students and alumni of Universitas Gadjah Mada. The library sets the following priority of users:1. MMUGM Students and Faculty 2. UGM Alumni3. Members of MMUGM Library

MMUGM students can use the library facilities by showing the librarian a valid Member Card or Student Card. UGM lecturers must show an employee card or other valid ID card. Alumni, as MMUGM big family members, may se the library facility by showing Kagama (UGM Alumni) Member Card. Users from outside UGM will only be admitted when they have been registered as members of the MMUGM Library for a period of one semester (6 months).

a. Dress CodesVisitors to the library must observe the following dress code: formal shoes –not sandals-, no jeans and t-shirt. Aside from these dress codes, male students are also required to put on a tie when entering the library.

b. Opening hoursThe library opens from Monday to Friday from 08.00 to 18.00. It opens on Saturday and Sunday from 08.00 until the lecture hours of Executive class end.

c. Visitors BookThe MMUGM Library visitors must complete the visitor book. Data from the visitor book are important for the improvement of the MMUGM library as they provide information on the rate of utility and so on. The detailed rules are displayed in the library.

d. BorrowingThe library allows the following groups of users to borrow the library collections: MMUGM students and faculty, and lecturers of Faculty of Economics. Other visitors are allowed only to read in the precinct, or to order photocopies. The following table explains the duration of borrowing and number of books allowed.

Table 24: Borrower and Duration for BorrowingBorrower Maximum number DurationMMUGM students 2 books 3 daysMMUGM faculty 2 books 1 weekLecturers of Faculty of Economics 2 books 1 weekStudents of Special Class, Executive Class, or Week End Class

2 books 1 week


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Users must present a Library Member Card, or for lecturers of the Faculty of Economics a valid ID card.

e. PenaltyOverdue will get a penalty of a Rp5,000 fine each book per day. Any book being lost or damaged must be replaced with the same title or a payment of Rp750/page.

f. PhotocopyPhotocopy is one of the facilities available in the MMUGM library. Photocopy service is prioritised for MMUGM students and faculty and lecturers of Faculty of Economics. A maximum of 20 pages per book is allowed for one time copying. Exceeding number of pages can only be collected 1 day after the order (except upon a special agreement with the attendant).

2. Electronic LibraryThe Electronic library provides information and data sources accessible to students. The regulations for the library service are explained in the followings:a. Search for an Image CD-ROM Proquest must be done by the librarianb. Abstract and Image CD-ROM Proquest are not for copy onto disks.c. Electronic clippings are not for copy on disks.d. PACAP database data copying can only be done by the librarian.e. Data and picture scanning can only be done by the librarian.f. Free access to on-line EBSCO journals is available.

a. TariffUsers are charged for the use of the MMUGM Library facilities. The range of tariff is presented in the following table.

Table 25: Tariff for Library AccesssFacility MM Students/faculty,

lecturers of Faculty of Economics

Other users (outside UGM)

Abstract of Journal Print-out Rp250/page Rp250/pageImage of Journal (full article) Print-out

Rp500/page Rp2,500/page

PACAP Database copy Rp50/60 records Rp50/60 recordsBEJ Data copy On call On callData scanning Rp1,000/page Rp1,000/pageNon-CD-ROM data print-out Rp250 (dot) or

Rp500 (laser) /page Rp250 (dot) orRp500 (laser) /page

A maximum use of CD-ROM Proquest at the printing terminal is for one hour, except when no other users are awaiting for using the sama facility. MMUGM special class students can order electronic data via telephone and for this service they are charged with the cost of printing and additional cost for e-mail reply or order delivery. The opening hour for MMUGM circle may be prolonged or continue on holiday(s) based on Special Class students’ request with an approval from the Board of MMUGM Directors.


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3. Computer and Internet Laboratory MMUGM has installed 3 computer laboratories housing 120 computer units. Each computer is connected to the server room by means of LAN (Local Area Network). In the server room, all computer activities-especially that relate with Internet access-in the laboratories are monitored. The laboratories are accessible to students from Monday through Friday at 08.00 - 20.00 Western Indonesia Time. On Saturday and Sunday, the service hour is from 08.00 until the lecture hours of the Executive class end.

Student can use the computer facility in the laboratories for the following purposes:1. Internet access2. Work on class assignments3. thesis writing4. EBSCO journal access

Besides using the computer laboratory, students also can access the internet system by using personal laptop or notebook which has been utilized with wireless equipment. MMUGM Program provides WI-FI equipment in every floor, free of charge for the students.

MMUGM student will get an individual e-mail address facility that may be used for Internet correspondence. The Internet access at UGM has 256 Kbps – 384 Kbps.

Several servers such as Web server, Mail server, Thesis Server, and DBMS server are available to serve MMUGM academic members. This server facility enables the processes of admission, academic administration, general and financial affairs to be computerized. By accessing students’ desktop, students can check the grades, save data into online hard disk, access journals, etc.

4. Auditorium and Directors’ RoomTo hold big events or activities, MMUGM program provides several meeting rooms with adequate capacity. MMUGM Auditorium, for instance, is the main meeting room that is frequently used to hold general meeting, international seminar, and national seminar. This room can accommodate 400 audiences and is equipped with multimedia instrument. It is well designed. Apart from big rooms, MMUGM also provides smaller rooms for 5 to 8 persons, convenient for student discussions. Meanwhile, faculty members can use the faculty meeting room that is suitable for meeting, study, or other kinds of activities that require a comfortable and cool room.

B. NON-ACADEMIC FACILITY

1. Faculty LoungeFaculty Lounge is a medium for social interaction among faculty members, students, and staffs. It facilitates communication among faculty members, students and staffs in order to build a sense of belonging to MMUGM within an informal atmosphere, before or after carrying out duties.

2. Praying RoomMMUGM respects religious activities conducted by individuals in the campus area. For that, it provides a praying room to enable Moslems to do their prayers in privacy, which, at the same time, respects others’ freedom of religion. Several praying rooms locate on the first, third, and fifth floors and in the Auditorium on the first floor.


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Everyone benefits this facility since some academic activities are scheduled close to the prayer times.

3. LockerMMUGM students beginning their first quarter will obtain one locker for each to be of use until all courses are completed in the third quarters. The key can be collected in the third week of the first quarter from the Office of General Affairs on the first floor. The locker can be used to keep student’s books or belongings.

4. Volley Ball CourtLearning process in class will be running well if it is supported with good health facilities. MMUGM provides sport facilities such as Volley Ball court to be used for keeping fit and stamina. On some particular occasions, MMUGM sponsors Volley Ball matches for the faculty, students, and staffs. MMUGM enthusiastically supports sport activities provided they do not disturb the learning process.

5. Student OrganizationMMUGM Students’ Association becomes a medium for different activities, hobbies and interests, be it academic or non academic. The organization is independently managed by students and it serves to bridge communication among students and between students and the Board of Directors. A new management team of the Student Organization is elected in each academic year.

6. CafeteriaA Cafeteria locates on the southern part of the building, serving nutrient-rich and healthy food for students, faculty and staffs. It is cosy and designed to be environmentally friendly. It can accommodate 150 seats and opens from 08.00 – 15.00 on Monday through Friday. It closes during the recess between quarters.

7. Student LoungeStudent Lounge is another facility in MMUGM. It is designed to be a recreation room, available for MMUGM faculty, students, and staffs. Two units of 8 feet billiards tables of Thunder type for up to 8 players, a set of Amy football game, and Audio Video for karaoke are available for entertainment. It is air conditioned and beautifully furnished. An announcement board is standing as a means of information exchange by and for students. A mini-bar functioning as a canteen provides snacks and drinks with competitive prices. Unique tokens bearing MMUGM logo such as key chain, t-shirt, mug, etc are sold here. This facility opens daily from 08.00-19.00.

8. Garden and Parking FacilityMMUGM, as one of the best educational institutions in Indonesia, is supported with a pleasant and representative lay out. The landscape of both the front yard and backyard is designed to arouse and enrich spirit and positive energy needed for learning and discussion activities. The front and rear gardens are planted with tropical vegetation, and they become students’ favourite places where they do communication. Spacious parking facilities, beautifully landscaped gardens, and good security management,


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make everyone visiting and doing activities in MMUGM feel safe and warmly welcomed.

FINANCIAL POLICYThe terms of tuition fee payment and other financial policies are explained in the followings:1. Term I payment is made one week before the Mid Term Examination of Pre-

MMUGM program 2. Term II payment is made one week before the Mid Term Examination of Quarter I3. Term III payment is made one week before the Mid Term Examination of Quarter

II4. Term IV payment is made one week before the Mid Term Examination of Quarter

IIIStudents who are enrolled as participants of Student Exchange Program or Dual Degree Program should have completed full payment prior to the departure abroad.

5. The following conditions apply for students who decide to withdraw from MMUGM study program: a. Students of Pre-MM program who cancel the enrolment one week before the

Pre-MM lectures begin, will be charged an administration fee of Rp1,000,000 (one million rupiah).

b. MMUGM students who withdraw from the program one week before the First Quarter lectures begin, will be charged an administration fee of Rp2,000,000 (two million rupiah).

c. MMUGM students who withdraw from the program after the First Quarter lectures begin will receive no refund of his Term I payment.

6. The schedule and final date for each term payment are stipulated in the Letter of Statement signed by student candidates when they are admitted to the MMUGM program.

7. Delay or overdue gets a 1% penalty for each calendar day to a maximum penalty of 10%

8. The following penalties are given to an overdue in each term payment of tuition fee:a. Student are not allowed to sit for the final test in that current quarter, or all

grades will be suspended.b. Students cannot obtain any service from the Office of Academic Affairs.c. Students cannot obtain any service from the Office of IT and Library.

9. Students are required to submit the Receipt of the current term payment, 2 days after the final date for the latest, to the Office of Finance.

10. Students who intend to improve the grade of Business Environment by means of improving minor papers of each topic, or major paper must pay Rp140,000 fee for the class of each topic. The payment must be made before the improvement for each topical class begins.

11. Students who take additional courses after they completed 43 credit hours must pay a Rp500,000 additional fee for each credit hour unit.

12. Students who repeat the Pre-MM courses must pay Rp250,000 for each credit hour unit.

13. The payment must be transferred to the following Accounts of MMUGM Program: a. for Yogyakarta Campus students: 0039227019, PT Bank BNI (Persero), UGM

Bulaksumur Branch, Yogyakarta;


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b. for Jakarta Campus students: 137-0001037023, PT Bank Mandiri (Persero), UGM Branch (MMUGM former building).

14. Graduation fee is paid to the Postgraduate School, UGM via MMUGM. 15. The amount of tuition fee is stipulated in the Decree of MMUGM Program

Director.16. The amount of graduation fee is stipulated in the Decree of MMUGM Program

Director. 17. Students who fail to finish the study until the maximum study period will be

regarded incompetent. In case the students still want to complete the study, they should write a letter to the Dean of Faculty of Economics and Business Universitas Gadjah Mada to extend the study period with appropriate reasoning. The letter should be acknowledged by the Director of MMUGM or his Academic Advisor. If the extension request is approved, the students should pay additional tuition fee as much as Rp1,000,000 (One million rupiah) per person per month. The payment should be transferred to Program MMUGM Account No: 003-9227019, at Bank BNI Cabang UGM Bulaksumur Yogyakarta. The receipt or the proof of payment from the bank should be immediately submitted to the Office of Finance.


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