Faculty of Economics and Business (FEB) or School of Economic and Business (SEB) is one of seven faculties within Telkom University. Currently FEB has 5 study programs, namely, S1 Management in Business of Telecommunication and Informatics (accredited “Excellent” BAN-PT and accredited internationally ASIC), S1 Accounting (accredited “Excellent” LAMEMBA and accredited internationally ASIC), S1 Leisure Management, S2 Master of Management (accredited “Excellent” LAMEMBA and ABEST 21) and S2 Distance Education Master of Management (accredited “Excellent” LAMEMBA). Especially for S1 Management in Business of Telecommunication and Informatics also opens international classes whose language of instruction is English, namely the International ICT Business class. Here is a brief history of this faculty.
MBA Bandung
FEB’s journey began in 1990 (the first phase) with the name MBA-Bandung which was the first Master in Business Administration program organizer in West Java, preceding similar programs that were then held by state universities in Bandung. At the beginning of its establishment, MBA-Bandung fully adopted the schooling system of the Asian Institute of Management (AIM) Philippines, which at that time was known as “Asia’s Harvard Business School”.
STMB
The second phase began in 1994 when MBA-Bandung changed its name to Sekolah Tinggi Manajemen Bandung (STMB) and changed its MBA program to the Master of Management (MM) program to conform to government regulations. In addition, STMB also further diversified its MM program variants by adding MM Regular, MM Executive, and MM Cooperative Development (Co-op) programs. On the occasion of the first accreditation held by the government, STMB’s MM program obtained A (Excellent) accreditation.
STMB
The third phase began in 1997 by organizing the S1 Telecommunications and Informatics Business Management Program (MBTI) This was in line with the demands of government regulations (Director General of Higher Education, Ministry of Education and Culture) so that universities not only organize postgraduate programs (S2) but are also required to organize undergraduate programs (S1). In addition, there was a desire from the Board of Directors of PT Telkom (at that time held by A.A. Nasution) for STMB to take more part in the world of national higher education. Since the beginning, the MBTI undergraduate study program has been designed to be in line with the needs of the telecommunications and ICT industry. Public interest in this study program continues to increase.
STMB Telkom
The fourth phase began in 2004 by changing the name of STMB to STMB Telkom (Telkom Business Management College) based on the Decree of the Minister of Education of the Republic of Indonesia No. 29/D/O/2006. This was intended to give a stronger identity to the scientific field of telecommunications and ICT business management. This name change was also followed by an increase in the admission capacity of the MBTI undergraduate program in order to meet market demand. In addition, the post-graduate program also added a program variant with the MM Telecommunication Business (MM Biztel) program.
IM Telkom
The fifth phase began in 2008 which was marked by the transformation of STMB Telkom into Telkom Management Institute (IM Telkom) based on the Decree of the Minister of Education of the Republic of Indonesia no 64/D/O/2008. In addition to MBTI, there were also the addition of 5 other undergraduate study programs namely S1 Communication Science, S1 Visual Communication Design, S1 Accounting, S1 Business Administration, and D3 Marketing. This transformation was then followed by the development of campus facilities which were initially only located in the Telkom Learning Center Complex on Jalan Gegerkalong Hilir, then added with two new campuses, namely Jalan Setiabudi Campus and Dayeuhkolot Campus.
FEB Telkom University
The sixth phase began in 2013 with the formation of Telkom University which was the result of the merger of four educational institutions under the Telkom Education Foundation, namely Telkom Institute of Technology (ITT or formerly STT Telkom), Telkom Institute of Management (IMT), Telkom Polytechnic, and Indonesian College of Fine Arts and Design (STISI Telkom). At the end of 2013, after the transition period of the four merged faculties, the Faculty of Economics and Business was formed as it is today. FEB has two campuses, namely the Main Campus in Dayeuhkolot for the implementation of all undergraduate study programs and the North Campus in Gegerkalong for the implementation of S2 study programs.
FEB has long established cooperation with industry, associations, and similar educational institutions both at home and abroad. Cooperation with industries and associations include PT Telkom Indonesia and Telkom Group, Indonesia Stock Exchange, Indonesian Telematics Society (MASTEL), Association of Certified Fraud Examiners (ACFE) Indonesia Chapter, NexMU Malaysia, Indonesian Accountants Association (IAI), CIMBA, YEA, TechIN Asia, APMMI, FMI, ABEST21, Solusi247, QIA, etc. Excellent quality is the standard of all business processes carried out by FEB Telkom University. Apart from the implementation of accreditation standards from BAN-PT for all existing study programs, FEB Telkom University has also received ISO 9001: 2008 Certification since August 2012. In March 2016, Telkom University MM Study Program has received international accreditation from ABEST21 based in Tokyo Japan. The coming year 2017 has been proclaimed to be the year of quality for Telkom University. It is expected that in 2017 the AIPT Standard and QS Ranking will become a reference for the quality of all study programs at Telkom University.
Cooperation with educational institutions including Solbridge International School of Business (South Korea), Multi Media University (MMU) Malaysia, Universiti Utara Malaysia (UUM), Universiti Sains Malaysia (USM), Twente University (Netherland), Saxion (Netherland), Fontys (Netherland), Naresuan University (Thailand), FHNW (Switzerland), Tanri Abeng University (Indonesia), Chitkara University (India), etc.