The Master of Management Program (MM) UGM is Indonesia’s first and only business school that successfully entered the Global MBA World Rank ranking program in 2021. In this ranking program, UGM is aligned with the MBA programs of the world’s best universities, as reported by world ranking agency Quacquarelli Symonds (QS) which had just published the Global MBA Rankings 2021 on September 23, 2020. Every year QS ranks only about 250 MBA programs in the world that are considered prestigious. To be ranked, the MBA program must obtain accreditation from prestigious accrediting institutions, one of which is AACSB International. Since 2014, MM UGM has been accredited by AACSB. This accreditation is arduous to achieve. Out of more than 15,000 business schools in the world, only 1,633 are members of the AACSB. Of these, only 876 business schools are accredited by the AACSB.
It is the first year that the MM UGM program has participated in the rankings and is directly included in the QS Global MBA Rank, reaching 201+. This achievement is truly something to be proud of because this ranking program is very competitive and prestigious. The assessment is based on five aspects: employability (40%), return on investment (20%), thought leadership (15%), entrepreneurship & alumni outcomes (15%), and class & faculty diversity (10%).
One of the advantages of MM UGM is in the aspect of entrepreneurship & alumni outcomes. MM UGM is ranked 75th in the world in this category. Another strength is in the field of thought leadership, which is ranked 178th in the world. This achievement is in line with the vision and mission of MM UGM to educate future leaders who excel in science, integrity, and creativity. “Our vision is to be a business school that not only excels academically but also encourages ethical and sustainable business practices. The results of this ranking are evidence of real work to achieve that vision,” said Prof. Eduardus Tandelilin, one of the Board of Directors of MM UGM, on Thursday (24/9).
Responding to this ranking results, UGM Rector, Prof. Panut Mulyono, highly appreciates the performance of the UGM MM ranks, all alumni and partners, both MM Yogyakarta and MM Jakarta, who have worked hand in hand and worked hard to be able to excel at the world level. The Rector also said that “This is an extraordinary achievement and can encourage other study programs to be more successful in competing globally”.
Source: https://ugm.ac.id/id/berita/20111-mm-ugm-mendunia
