Business Education in Indonesia

Education | Business Education

Indonesia’s Banking and Finance Higher Education Sector

Banking and finance higher education institutions need to adapt

Index by sector

Business Education

Indonesia’s Banking and Finance Higher Education Sector: Adapt or Be Left Behind

Banking and finance higher education institutions in Indonesia are being forced to quickly adapt to current trends to avoid a skills gap between their graduates and the industry's needs.

Opportunities for Business Education in Indonesia

The Indonesian business education sector is of greater importance than ever in playing a role in reducing the skills gap between graduates and employers. The importance of business education for Indonesia’s future development has come to be appreciated in the last two decades and the sector has undergone significant improvements in that time period.

Indonesia's Transforming Economy: Business Education in High Demand

Indonesia needs a growing number of qualified business leaders to take the country's emerging economy to a more mature level and help local companies prevail amid intensifying competition in the Southeast Asian region.

Business Education in Indonesia

Indonesia’s business schools are creating the future leaders and entrepreneurs of the ASEAN’s largest economy while exploring the values needed for sustainable enterprise. This section looks at the approach being taken to business education in Indonesia.

Islamic Finance

Islamic Finance Education in Indonesia

Indonesia’s potential as a global hub for Islamic compliant finance has long been touted given the country’s status as the world’s largest Muslim majority nation. With some 85% of Indonesians classifying themselves as Muslim and a significant portion of the population remaining ‘unbanked’, Islamic finance can play a role in the country’s vision for inclusive economic development.

Indonesia Education Snapshot

Number of Tertiary Education Institutions: 4,445 (2016)
Type: 91.5% Private, 8.5% Public
Students in Higher Education: 4,941,574 (2016)
Net Enrolment Rate in Tertiary Education: 22% (2014)
Relevant Law: Higher Education Law No. 12 of 2012 provides universities with the autonomy to set their own tuition fees and authorising the set up of foreign universities in partnership with Indonesian institutions.