This program equips graduates with advanced analytical capabilities, data-driven decision-making skills, and research expertise essential for navigating complex, innovation-driven, and data-intensive environments. Graduates are highly sought after by businesses seeking strategic analysts, universities looking for experienced researchers and lecturers, and institutions requiring expertise in management science research and policy development.

MSM Regular Program helps you to develop your ability to critically examine and analyze management research, enabling you to uncover the foundations behind best practices. Our structured curriculum not only provides a strong theoretical foundation in management but also offers opportunities to apply research methodologies to both existing and emerging business challenges.

This program allows you to customize your learning experience based on your academic, professional, and research interests, ensuring a personalized and impactful educational journey.

Commencement date:
Every September
Length of study:
18 - 24 months

Class schedule :
Monday—Friday From 08.00—17.00 (depending on the course schedule)
Total credits:
Minimum 54 credits

Course Structure

Matriculation

The matriculation program is conducted prior to the commencement of classes to introduce students, particularly those without a management background, to fundamental concepts in management before the regular semester begins. This program ensures that all students, regardless of their academic background, develop a solid foundation in management principles, enabling them to transition smoothly into the core curriculum.

Required courses:
  • Fundamentals of Management and Organization
  • Fundamentals of Entrepreneurship & Technology Management
  • Fundamentals of Economics and Financial Management
  • Fundamentals of Marketing Management
  • Fundamentals of Operation Management
  • Fundamentals of People & Knowledge Management
  • Fundamentals of Decision Making in Organization

Required courses:

Management Thought and Research
Digital Literacy, AI, and Academic Ethics
Quantitative Research Methodology
Qualitative Research Methodology
[Track Elective Course 1]

Research Proposal

[Track’s Elective Course 2]

[Track’s Elective Course 3]

[Track’s Elective Course 4]

[Elective Course 1]

[Elective Course 2]

Required courses:

Scientific Publication

Thesis 1

 

Thesis II

Master’s Defense

Tracks

Finance

  • Advanced Economics
  • Financial Statement Analysis
  • Corporate Finance
  • Portfolio and Investment Management
  • Fixed Income and Derivatives
  • Ethics and Professional Standards in Investment
  • Time Series Analysis and Data Analytics

Business Analytics

  • Practice in Data Analytics
  • Advanced Business Analytics
  • Information Systems Management
  • Simulation Modeling

Decision Making in Complex Social System

  • Practice in Data Analytics
  • Creative Problem Solving
  • Service Science Management
  • Confrontation and Collaboration Analysis

Marketing Management and Business Strategy

  • Practice in Data Analytics
  • Strategic Value Innovation
  • Digital Marketing
  • Advanced Consumer Behavior

Technology Management and Entrepreneurship

  • Practice in Data Analytics
  • Entrepreneurship Studies
  • Corporate Innovation and Entrepreneurship
  • Commercialization and Technology Transfer
  • Small Business Studies

Operations and Performance Management

  • Practice in Data Analytics
  • Sustainable Transportation and Logistics
  • Halal Value Chains and Operations
  • Corporate Performance Management

People and Knowledge Management

  • Practice in Data Analytics
  • Human Capital Management in the Digital Era
  • Knowledge Management and Learning Organization
  • People Analytics

Organizational Change and Cross-Cultural Management

  • Practice in Data Analytics
  • Intercultural and Conflict Management
  • Gender in Organization
  • Organisational Change Management

Double Degree and Student Exchange Program

The MSM Regular Program offers a Double Degree Program in collaboration with leading international universities, providing students with global exposure and an expanded professional network. This pathway allows students to earn two degrees, enhancing their career opportunities in both academic and professional fields. Additionally, students can participate in international exchange programs, enabling them to study abroad, gain cross-cultural experiences, and expand their global perspective in management practices.

Click [here] for further information.

CFA’s University Affiliation Program

The MSM Finance Track follows a CFA-affiliated curriculum, aligning with the Chartered Financial Analyst (CFA) Program standards. Being affiliated with the CFA Institute ensures that the curriculum integrates industry-relevant financial theories, investment management practices, and ethical standards, preparing students to pursue CFA certification. This affiliation enhances students’ competitiveness in the financial sector, providing them with a strong foundation for careers in investment banking, asset management, and financial analysis.

Elective Courses

  • Financial Risk Management
  • Digital Economy and Financial Technology
  • Islamic Financial and Banking Systems
  • Behavioral Finance
  • Advanced Financial Planning
  • Science-Based Policy
  • Advanced Decision Making and Negotiation
  • Marketing Research
  • Branding Science
  • Corporate Strategy
  • Digital Technology in Business
  • Technology Acquisition and Assessment
  • Organizational Behaviour
  • Special Topics in Management 1
  • Special Topics in Management 2
  • Masters Professional Development 1
  • Masters Professional Development 2
  • Master’s Research I
  • Master’s Research II

Tuition Fee

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 fees are subject to change without prior notice.
  • Students who exceed the normal study period of 4 semesters will be charged an additional tuition fee each semester.
  • SBM ITB reserves the right to modify or update the above information as necessary.

Scholarship Opportunities:

ITB offers various scholarship opportunities to support outstanding students in achieving their academic and professional goals. Named the Ganesha Talent Assistantship, these scholarships are available to MSM Regular Program students based on their academic performance. In addition to reducing financial burdens, these scholarships provide students with the opportunity to engage in ITB’s institutional activities, enhancing their academic and professional development.

For detailed information on available scholarships and application procedures, visit SAGATA ITB, the official scholarship portal of ITB.

How to Apply

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

Explore More

Alumni Stories

At first, studying in MSM wasn’t easy, but the lecturers, environment, colleagues, and also the way the lecturers teach us help you a lot. At the moment, I can adapt easily and study comfortably. I took one of the majors, Decision Making and Strategic Negotiation and learned a lot of things such as how to make a good decision, be creative and logical when you want to find the right way to get the solutions. These are the three examples that I implement in my job today.
Kiki Sarah Amalia, MSM
Kiki Sarah Amalia, MSMAnalyst, Statistic Department of Bank Indonesia
It provides a very demanding path for my future career as an expert, and it is closely related to my career objectives. Furthermore, SBM ITB’s reputation is very promising as one of the best business school in Indonesia, so that joining MSM program which is very affordable is very delightful.
Daniel Adrian
Daniel AdrianAssociate Consultant, Skha Consulting
I decided to go to MSM ITB because of many reasons: an awesome learning experience, low cost, industry practitioner instructors and the possibility to improve my ability to do research. Furthermore, I desire to become a lecturer, so I feel MSM ITB is the right choice.
Yessie Fransiska Lydiana
Yessie Fransiska LydianaHR Business Partner PT Bank Danamon Indonesia, Tbk.
Studying in MSM was not easy as it was academically challenging for me. The learning method and academic rigor from my past experience as a student really helped my development as a lecturer in my current institution. I was taught to be creative when facing a certain problem and the learning environment has always encouraged me to keep a critical mindset when approaching certain matters related to my study. The most fascinating aspect of studying in MSM is the egalitarian approach from almost every lecturer when interacting with students. As students, we were treated as equals, and it really helped our study in MSM.
Syauqy Lukman, S.Ikom, MSMLecturer at Faculty of Communication Science - Padjadjaran University
MSM is program that prioritizes the quality of its graduates. During the lecture, I got much additional knowledge in the field of management, especially marketing management which is my expertise. In addition, I also do a variety of scientific research as well as the chance to be a part-time tutor in SBM ITB Undergraduate Program. It is an experience that I never imagined. In this program, I met lecturers and faculty members who are dedicated and committed to the science and academic life. In addition, I also met some friends coming from various universities and institutions in Indonesia.
Indira Rachmawati, ST, MSMLecturer at Faculty of Economics and Business - Telkom University