Master of Science in Management

Institut Teknologi Bandung

Bandung Campus
Jl. Ganesa No 10
Bandung 40132, Indonesia
Phone: +62 22 253 1923
Fax: +62 22 250 4249
info@sbm-itb.ac.id

www.sbm.itb.ac.id/msm
 A Message
From Director

Directors' Message
Master of Science in Management (MSM) not only improve
History and develop the students' ability to analyze a condi on of
management of the companies with their ac vi es, but also
Program Overview to study and look for a model management applica on

Curriculum CONTENT targeted at the public.

Indonesian society that is pluralis c requires a contextual

MSM Curriculum nature of science management, and with based on the
existence of diverse methodologies and approaches are
MSM in Finance Curriculum qualita ve and quan ta ve, MSM students are given the
knowledge to increase sensi vity to the real condi ons of
Alumni Testimony society. Interna onal rela ons, especially with the amount
of knowledge in the field of accultura on between the
Alumni Profile respec ve parts of the world both east and west and north
and south, also able to push the MSM students to innovate Dr. Bambang Rudito, M.Si
Head of MSM Program
Admission the methods, concepts and holis c approach.

Admission Process
Requirements and Applications Procedure
Analyzing the condi on of a pluralis c society encourages specific approaches and
methodologies and contextual, so the development of exper se, the discovery of new
methods and models become the main target for MSM. We are also grateful to the alumni,
who already hold a master who have applied their knowledge to the people of Indonesia in
accordance with the focus of his study and also to the world of science globally.
History
The School of Business and Management – Institut Teknologi Bandung (SBM-ITB) was established at
the end of 2003 and is now one of the most important organizations in the institute. Being part of a
highly qualified institution of higher education, SBM-ITB is supported by faculty staff members with
strong academic background and professional experiences. SBM-ITB also enforces a quality
assurance system to ensure the best learning experience for its students.
Founders of SBM ITB (left to right) :
Jann Hidajat Tjakraatmadja, Surna Tjahja Djajadiningrat., Kuntoro Mangkusubroto, Nurhayati
Ma’mun, Dermawan Wibisono, Budi Permadi Iskandar, Aurik Gustomo, Utomo Sarjono Putro,
Sudarso Kaderi Wiryono
The MSM (Master of Science in Management) Program was established in 2006 and had enrolled for
the first batch 24 new students on August 2007. Research is the cornerstone of this program. Other
than Quantitative Research Methods, the program also introduces Qualitative Methods in the first
year of education as a basic alternative of research. SBM-ITB offers scholarships for the MSM
program.
Vision and Mission
Vision
“To be a world class institution that inspires and develops leaders
with an entrepreneurial spirit.”
Mission
Ÿ“To educate students to be innovative leaders with an
entrepreneurial mindset and to develop and disseminate knowledge
of business and management for the betterment of business,
government, and society.”
Program Overview
The change in the globalization era has become a critical point that must be considered by business
leaders in managing their organizations or companies. The need of research based management as
well as analysis and problem solving skills are increasing in this globalization era where the
competition is becoming more and more intense, locally as well as globally. MSM ITB is aimed to meet
this need by creating managers capable of analyzing and building scientific concepts in management.
MSM ITB is intended for students with various backgrounds who wish to improve their skills in
management science. Through this program, it is expected that new methods or concepts in
management will be developed through researches conducted together by students, lecturers,
industries, and government.
Uniqueness
Ÿ Students are working closely with SBM ITB World Class Researchers and be a part of SBM ITB
research engine
Ÿ Elective courses that are diverse, contextual, flexible, and yet covering in-depth materials
Ÿ Balanced curriculum for both career orientations: academics and industries.
Ÿ Exposures of international experiences : double degree with reputable universities abroad, joint
research programs, international colloqium, conference, and seminar activites
Ÿ Robust and high quality education programs supported with excellent academic environment for
nurturing future profesional scholars
Ÿ Curriculum is customized and prepared for Finance career both in academic and industry
Ÿ Focused and specialized programs in finance that stressed on quantitative approach
Ÿ Internationalized programs : all lectures, assignments, discussions, and thesis are delivered in
English
Learning Goal and Learning Objec ve

Philosophical and Theore cal Understanding

1. Understand the philosophical founda ons of business and management science
2. Able to think conceptually, synthesize theories (conceptual and heuris c models) and make
abstrac ons
3. Able to comprehend and describe state-of-the-art developments in business and management
based on the latest research findings
4. Able to make recommenda ons and sugges ons for future research direc ons (areas of future
studies)
Research Methodology
1. Understand different types of qualita ve and quan ta ve research methodologies and
research methods
2. Evaluate and select appropriate approaches and methods (deduc ve, induc ve, and abduc ve)
to address research problems
Research Skills
1. Able to collect data from mul ple sources and cri cally assess the sources and the collected
data
2. Able cri cally, crea vely and systema cally to conduct data analysis based on the collected
data within a proposed theore cal framework
Communica on Skills
1. Able to write papers in good and sophis cated Indonesian and English for audiences within
and outside the academic community, at local, na onal and interna onal levels
2. Able effec vely to communicate orally in Indonesian and English ideas arising from research
findings to audiences within and outside the academic community, at local, na onal and
interna onal levels
Prac cal Skills
1. Able to make proposals and recommenda ons arising from the implica ons of research
findings
Ethical Responsibility
1. Able to design and conduct research ethically
2. Able to refer to match specific professional codes of ethics to research tasks
Master of Science in Management
MSM develops your ability to examine and analyze management research to understand what lies beneath a
best practice. The structured program guides not only gives you major theory of management but also to apply
research methods to existing and emerging contextual business problems.

This MSM program aim to prepare the students to explore any career options as professional scholars, a carrier
path that requires high analytical and research skils, such as consulting, analyst, policy development, or further
education. Participants in this program are able to customize their educational experience based on their
academic, professional, and research interests.

Class Schedule :
Monday - Friday 08.00 - 17.00
MSM Curriculum
Competence
Courses Credits
Development
Management Thought and Research 3
Quantitative Research Methodology 3
Research Skills Foundation Qualitative Research Methodology 3
Modeling in Management 3
Management Research Design 3
Advance Statistics 3
Elective 1 3
Contemporer and Elective 2 3
Contextual
Elective 3 3
Issues in Management
Elective 4 3
Research Execution Thesis 6

Elective Courses
Á Ã Á ̈:
Internship
Consulting Projects
Advanced Topics in Management
International Colloqium – Conference
Social Science in Management Studies
a. Human Capital
Competence Based People Management
Knowledge Management and Learning Org.
Leadership Theory
Conflict and Change Management
Organizational Behavior
Market Research
Branding Science
Service Marketing Strategies
b. Marketing
Consumer Behavior Analysis
Technology Commercialization
Business Strategy Analysis
Master of Science in Management (in Finance)
Performance Management
MSM in Finance offers a robust approach yet practical to the major concepts of finance theory. The
c. Operations Procurement and Supply Chain Management
programs intended to the ones who are interested in finance professional scholars, for both academic
Advanced Operations Strategies
path and or finance industry careers.
Technology Commercialization
Entrepreneurship Studies
Supported with matriculation courses, background in similar field is not required to enter to this program.
Management of Innovations
However, strong background and some exposures in quantitative methods will be an advantage for the
d. Entrepreneurship Sciences Product Development Management
incoming students.
Corporate Entrepreneurship
Small Business and Development
Class Schedule :
Family Business
Monday - Friday 08.00 - 17.00
Service Science
Creative Problem Solving
e. Decisions Science System Modeling For Policy Development
Agent Based Modeling and Simulation
Conflict and Resolution Analysis
MSM in Finance Curriculum
Competence
Development
Research Skills Foundation
Contemporer and
Contextual Issues in
Financial Industry
Research Preparation and
Execution
Elective Courses
Elective Courses
Management Research Design
Internship
Consulting Projects
Advanced Topics in Management
International Colloqium – Conference
Islamic Financial Systems
Derivative
Computational Finance
Behavioral Finance
Advanced Financial Mathematics
Insurance
Financial Risk Management
Advance Wealth Management
Alumni Testimony
Courses Credits
Syauqy Lukman, S.Ikom, MSM
Advanced Economics 3 Lecturer at Faculty of Communication Science - Padjadjaran University
Quantitative Research Methodology 3
Time Series Analysis 3 Studying in MSM was not easy as it was academically challenging for me. The
Modeling in Financial Management 3
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
Advanced Corporate Finance 3 creative when facing a certain problem and the learning environment have always
Investment and Portfolio Theory 3 encouraged me to keep a critical mindset when approaching certain matters
Fixed Income 3 related to my study. The most fascinating aspect of studying in MSM, is the
Financial Statement Analysis 3 egalitarian approach from almost every lecturer when interacting with students.
Elective 1 3 As students, we were treated as equals, and it really helped our study in MSM.
Elective 2 3
Elective 3 3
Thesis 6
Total Credits 39 Indira Rachmawati, ST, MSM
Lecturer at Faculty of Economics and Business - Telkom University
MSM is program that prioritizes the quality of its graduates. During the lecture, I get a lot
of additional knowledge in the field of management, especially marketing management
course 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 Prodi S-1 SBM-ITB, it is an experience that I never
imagined. In this program, I met with lecturer and faculty who are dedicated and
committed to the science and academic life. In addition, I also met with friends who
came from various universities and institutions in Indonesia.
Credits
3 3
3
3
3
Kiki Sarah Amalia, MSM
2
Analyst, Statistic Department of Bank Indonesia
3
3 For the first time, studying in MSM wasn’t easy when you was there. But, the
3 lecture, environment, colleagues, and also the way the lecture teach us was help
you a lot. At the time being, you can adapt easily and study comfortably. I took one of
3
the major, Decision Making and Strategic Negotiation and learned a lot of things
3 such as how to make a good decision, be creative and logic when you want to find
3 the right way to get the solutions. These three example that I implemented in my job
3 today nowadays.
3
Alumni Profile Admission Process
Admission process consist of:
Ÿ Academic Potential Test (TPA) from Oto-Bappenas with a minimum score of 525.
The applicant who already has a TPA certificate from UPP Bappenas with a minimum
Job Sector score of 525 should submit the original certificate along with the supporting documents
Local Company to SBM ITB Admission. Those who have got the TPA score should undertake the TPA on
the schedule as described in SBM ITB website (www.sbm.itb.ac.id/msm)
State-Owned Enterprises 5%
Ÿ English Language Proficiency Test (ELPT) held by UPT Bahasa ITB with a minimum score
Na onal Company of 101 or ITP-TOEFL from ETS.org with a minimum score of 525 (pBT) / 195 (cBT)/ 71
18% 27%
Mul na onal Company (iBT) or IELTS 6.0.
The applicant who already has a TOEFL certificate from ETS.org or ELPT ITB or IELTS with
Government
the above score should submit the original certificate along with the supporting
Educa on documents to the SBM ITB Admission.
5%
University Those who have not got the TOEFL score should undertake the ELPT ITB on the schedule
as described in SBM ITB website (www.sbm.itb.ac.id/msm)
Intergovernmental Coopera on
9%
23% Requirements and Applications Procedure
1. Possess a Bachelor degree from accredited universities (minimum B). Indonesian
9% citizens with overseas academic degree should acquire degree equalization from DIKTI
4%
(Direktorat Pendidikan Tinggi – The Indonesia Directorate of Higher Education)
2. Register online in www.usm.itb.ac.id/oreg
3. Submit the following documents:
Ÿ Printed online registration Form
Ÿ Original certified and legalized copies of undergraduate academic certificate (1 copy)
Ÿ Original certified and legalized copies of undergraduate academic transcript (1 copy)
Ÿ Original TOEFL/IELTS certificate (if any) as a substitute of ELPT result held by UPT
Bahasa ITB
Ÿ Original TPA Bappenas result
Ÿ Degree equalization from DIKTI (for overseas graduates)
Job Posi on
Ÿ Recent color photographs sized 4X6 cm (1 sheet)
Staff Ÿ A copy of receipt of admission fee payment
5%
Contract
Accademic Assistant Registration Fee Rp 600.000,- transfer to:
Consultant 24% Bank BNI 988 00211 97000201, a.n. Pendaftaran Program Magister ITB
38%
Manager
Academic Potential Test from UPP TPA Bappenas conducted at ITB Rp 325.000,-
Lecturer English Proficiency Test (EPT) at UPT Bahasa ITB Rp 75.000,-
Research Assistant transfer to: Bank BNI Cabang ITB Penampungan BPP SBM A/C no. 0900001046

10%

5%
9% 9%
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