Malangkucecwara School of Economics / STIE Malangkucecwara, Malang, Indonesia

STIE Malangkucecwara was established in 1971. Accredited by the National Accreditation Board of Higher Education, it is ranked 93rd of 3320 Indonesian universities. The University has 60 members of academic staff and approx. 2,500 students.

The University’s goals are to produce:

  • graduates that have business competencies with excellent values and are able to work and compete in the global arena
  • research and scientific works in the field of business that are related to global issues with promoting professionalism and ethics.
  • works of community service that are related to global issues with promoting professionalism and ethics.

The Department of Research and Community Service is supported by 5 centres (Research Centre, Community & Development Centre, Business Incubator, Woman Study, Centre of Accounting, Business and Management (CABM)). Its services include training, coaching, fostering, clinic advising, and access to funding.

STIE received an 8 year grant (Damandiri Foundation, until 2018) for fostering and training local SMEs. The University is fostering around 200 SME communities (including handicrafts, fruit crackers, tempeh, and other industries), as well as 30 villages which have particular economic potential.

One SME achieved The Community Entrepreneurs Challenge Award for start-ups (Arthur Guinnes Fund/British Council, 2013) and SME Award in East Java in 2008. The university collaborates with several overseas universities and 20 students have received a Rotary scholarship for studying Japanese alongside an SME internship in 2018.

Other transnational collaborations include Kanda University (Japan), University of Wollongong (Australia) and Solbridge (Korea).Collaborations with professional bodies include IAI (Indonesian Accountant Association), CPA of Indonesia (Indonesian Institute of Certified Public Accountants), and ICMA (the Institute of Certified Management Accountants) as a centre for certification, test, training, training for trainer, seminars and workshops for staff, students and other stakeholders.

STIE provide student internships in public accounting offices, whilst lecturers are fostering SMEs or serve as auditors. Of approximately 25.000 alumni, 20% chose to be entrepreneurs. This network can be utilised to promote student entrepreneurship and employability alongside STIE’s Career Development Centre portal (CDC). At a regional level, the University is a member of the Indonesian private university association APTISI.

STIE have various channels that can be exploited for the dissemination information about the project, including a commercial on-campus radio station and there are local television channels that have a special programme on entrepreneurship and SMEs.

To access STIE’s website (in Bahasa), click here.