MSM in Finance

Designed for those who are intended to become a finance professional scholar, for both academic path and or finance industry careers, Master of Management Science in Finance with the CFA university affiliation curriculum offers a robust approach yet practical for those who would like to develop and advance career in finance.

    Supported with matriculation courses, students of any background may enter this program. However, a strong background and some exposures in quantitative methods will be an advantage for incoming students.

    Commencement date:
    Every August

    Length of study:
    18 months

    Class schedule :
    Monday—Friday
    From 08.00—17.00 (depending on the schedule)

    Total credits:
    39 credits in 3 long semesters and 1 short semester

    Course Structure

    Matriculation

    To prepare students for the regular semester, a matriculation program of 1 week is organized before the commencement. This program is also an opportunity for students to be considered to receive full/partial scholarship where one of the criteria is based on the ranking evaluation of the performance at the matriculation program.

    Required courses:
    Fundamentals of Management (Philosophy and Applied)
    Introduction to Research Methods
    Decision Making
    Fundamentals of Marketing
    Fundamentals of Finance
    Fundamentals of Operation
    Fundamentals of People and Knowledge Management
    Fundamentals of Entrepreneurship
    Business Analytics

    This semester is the foundation stage for research development.

    Required courses:
    Management Thought and Research
    Quantitative Research Methodology
    Advanced Economics
    Digital Technology in Business

    The second semester is the stage for enriching and deepening your research interests.

    Required courses:
    Financial Statement Analysis
    Corporate Finance and Portfolio Management
    Practice in Data Analytics
    Academic Writing

    The third semester is the execution stage to conduct research, seminars, and thesis. You will carry out research projects including data gathering and processing, analysis and conclusion drawing, and reporting your findings in the form of thesis/publication.

    The program requires you to publish your research in either accredited national or indexed international journals.

    Required courses:

    Investment Ethics and Professional Standards
    Fixed Income and Derivatives
    Electives 3

    Electives 4

    Required courses:

    Research Colloquium

    Thesis

    Elective Courses for MSM in Finance Program

    • Financial Risk Management
    • Digital Economy and Financial Technology
    • Islamic Financial and Banking System

    Costs and Scholarships

    Semester 1:
    IDR 15,500,000

    Semester 2:
    IDR 15,500,000

    Semester 3 :
    IDR 15,500,000

    Semester 4:
    IDR 15,500,000

    Total:
    IDR 62,000,000

    Notes:

    • Tuition Fee might change without prior notice.
    • Students who exceeded the limit of the normal study period (24 months) will be charged the following tuition fees:
      Long semester: TBA/each semester
      Short semester: TBA/each semester
    • SBM ITB reserves the right to adjust the above information
    • Tuition fee waivers (fully or partly) are available at competitive basis

    Scholarships:

    There are some opportunities to get a scholarship during your study in MSM SBM ITB. Approximately 50 % active MSM SBM ITB students currently receive scholarships from several sources. Some of them are:

    • Full and Partial Tuition Fee Scholarship from MSM ITB

      MSM SBM ITB annually provides scholarships to students. This is a competitive scholarship, awarded to students based on their outstanding achievement on matriculation and other criteria such as GPA and TOEFL scores. Each year, this scholarship is provided to six MSM students whose academic performance will be evaluated each semester. The awardees will be involved in the educational process and research in SBM ITB, both as a teaching assistant (tutor) and a research assistant.

    • Research Assistantship Scholarship

      Research assistantship scholarship is offered by research centers/labs and interest groups at SBM ITB.

    How to Apply

    Annually, MSM ITB commence classes on August. Early preparation become the important step to enroll and start an embarking journey with MSM ITB.

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