COURSE DESCRIPTION SEMESTER I ENGLISH AND WRITING SKILLS (BDU 1106) This course provides students with practices in evaluating ideas: creative thinking versus critical thinking; questioning attitude; fact versus opinion; taste versus judgment; logic gaps and oversimplification of ideas; irrelevant information. Besides, students also practice identifying or detecting unacceptable utterances in their own writing: syntactical errors, inappropriate lexis, incorrect word collocations, idiomatic phrases, blunders in basic grammatical points as well as the use of discourse markers and other cohesive devices. Treatment of these features and feedback from the instructor will be based on students compositions during the course. (Wherever appropriate, the cultural aspect of writing will be touched upon.) After finishing this class, students will be able to produce unified, well-organized and coherent paragraphs on a variety of topics in preparation for the writing of essays on both academic and non-academic topics. INTRODUCTION TO ACCOUNTING I & II (EKA 1101 & EKA 1102) Accounting principles is a course that introduces students to the fundamentals of financial accounting and managerial accounting. Financial accounting is the field of accounting that provides economics and financial information for external users, such as investors and creditors. Managerial accounting provides economic and financial information for internal users, for instance marketing managers, production supervisors, finance directors and company officers. This course deals mainly with accounting cycle, recording process, accounting for merchandising, financial statement analysis, job order cost accounting, process cost accounting, cost-volume-profit relationship, budgetary planning, and performance evaluation. After completing this course, the students are expected to be able to understand how to use and interpret accounting information. INTRODUCTION TO BUSINESS (EKM 1501) This course is designed to introduce and discuss a vast array of fundamental business concepts in global context. Using integrated approaches, the course will emphasis the discussion on the implementation of the business concepts and tools. Basically, it purports to help students to realize, understand, and master various state-of-the-art business and organizational practices and their advancement in the future. Lectures will embrace all business facets that are of importance, such as business and economics systems, the forms of business, business environment, international business, operational aspects, business organization and management, organizational behavior and design, and salient business functions that include the management of finance, human resource, operations, marketing, information systems, and strategy. MATHEMATICS I (EKU 1101) This course will introduce mathematical concepts and their applications on economics and business. Materials in this course will emphasize on three topics, i.e. matrices and calculus. In modern times, calculus and matrix are widely used to almost all branches of sciences, including business and economics. Therefore, this course is designated to provide strong mathematical foundations. This course also aims to give you practical skills by providing tutorial classes and computer lab sessions to solve mathematical problems. INTRODUCTION TO ECONOMICS (EKU 1131/ EKU 1132) This course will cover the basic ideas and theories of economics. Economics is a social science that includes the study of how individual and aggregate choices influence the market place and the economy. This course will cover issues of both microeconomics and macroeconomics. Microeconomics explores the way in which individual economic agents workers, consumers, households and firms make decisions. Macroeconomics encompasses the aggregate economy and is concerned with issues such as the total output, interest rates, inflation and unemployment. This course will attempt to combine economic theory with practical, everyday applications. INDONESIAN LANGUAGE AND CULTURE (BDU 1105)* This course belongs to Basic Courses called Mata Kuliah (Dasar) Umum, or now called Mata Kuliah Pengembangan Kepribadian in Universitas Gadjah Mada. It comprises of two basic topics; Indonesian Language and Indonesian Culture. Classroom discussion for each topic will be allocated to half semester. Within the first topic, Indonesian Language, the discussion will be focused on enhancing students competence not only to identify appropriate forms and functions of Indonesian language in a wide variety of occasions of language use, but also help enhance their capability of using those forms in appropriate context. Classroom activities will cover activities pertaining to theory and practice, from cognitive, affective to psycho-motoric aspect of language use. As to the second topic, Indonesian Culture, the course will discuss some concepts and application of what constitutes Indonesian culture and how it comes about. Based on some short lectures and classroom discussion, students are capable of inferring cultural norms and values, and providing oral as well as written response to the cases under discussion. From the course it is expected that students develop their awareness of being good citizen and nationalism.

SEMESTER II FOREIGN LANGUAGE (MANDARIN)* This course is an intensive study material especially designed for foreigners, who have just started to learn Chinese. The texts are all based on everyday conversation. The sentences introduced in the material are taken from present-day Chinese and have been chosen on the basis of frequency of use, basic needs, and colloquialism. The sentences are presented in the context of typical situations in daily life, helping the learners advance systematically from the easy to the difficult. It is also designed to allow the learners to understand the material, acquire a good command of it, and engage in simple Chinese conversation in a relatively short time. The main purpose of it is to help beginners to improve their communication in everyday Chinese. Classroom discussion for each topic will be emphasized on mastering in listening, speaking, reading and writing of the Chinese language. Classroom activities will cover activities pertaining to theory and practice, from cognitive, affective to psycho-motoric aspect of language use. For the benefit of English speaking learners, an English translation is provided for the words, sentences, texts, grammar and explanatory notes. COST ACCOUNTING (EKA 2201) Cost accounting course concerns with fundamental cost concepts, behavior, and analysis and the use of cost information to develop superior decision making process and outputs. This course introduces the production, communication, and the use of accounting information within the context of business activities. The financial world is experiencing unparalleled challenges, such as globalization, deregulation, and the widespread use of the World Wide Web. In the midst of these changes is the accounting profession that must provide reliable and relevant information to users. Consequently, the course also brings in the awareness of the substance to students. MACROECONOMICS I (EKU 1132) This course is an introduction to macroeconomic concepts and analysis. The operation of economic activities is examined to provide an understanding of how the composition, size and distribution of national output. Discussions include business cycle, banking system, monetary and fiscal policy, international policy, fluctuations, and economic growth. The course objective is to introduce basic macroeconomic concepts intended for understanding the interaction of market influence with short term or long-term national and international economic policies. MICROECONOMICS I (EKU 1131) This course is an introductory course which focuses on basic concepts of microeconomics. It examines various economic problem, supply and demand analysis, analysis of markets, pricing in competitive and non-competitive markets, production, and factors markets. The course objectives are to introduce students to basic microeconomic concepts and to help students gain a better understanding of the acquired theories. QUANTITATIVE METHODS FOR DECISION MAKING (EKM 1302) Quantitative approach is one of scientific methods in making business decisions. In this method, such mathematics formulas, models, or heuristic/algorithm are used in determining decision variables we want to solve. Quantitative approach presumably disregards emotional/ psychological content that may affect decision maker in formulating problems, finding most fitted alternatives, gathering appropriate/ relevant data, testing the result and in applying the decision. However, this course will introduce some decision theory models that in some extents will quantify psychological effect on the rationale of a decision. The models, formulas, and algorithms will not be used in operations research/ strategy but also will be useful in making a good and rational decision in the area of marketing, finance, and human resource management. MANAGEMENT (EKM 1502) The course of management is designed to discuss management theories, concepts, techniques, and practices in the context of complex, dynamic, changing and globalizing business world. Applying the functional or process approach to the study of management, the discussion will cover all main management functions: planning, organizing, directing and controlling. This will equip students with a framework for understanding and analysing the nature of managerial works and the determining factors of managerial success. Application of the learning materials will be encouraged through case discussions and other experiential assignments. STATISTICS I & II (EKU 1103 & EKU 2104) This subject is designed to provide students majoring in management, accounting, economics and other fields of business administration with an introductory survey of the many applications of descriptive and inferential statistics. The definition of statistics given earlier referred to organizing, presenting, analyzing and summarizing the data in an informative way, while inferential statistics can be used to determine something about population characteristics on the basis of a sample. When the students have completed this course, they will be able to: Organize, analyze, interpret and summarize the data in a useful and informative manner; Calculate the central tendency and interpret the meaning and also applications of dispersion; Measure the growth rate, inflation or price index and real value; Understand, calculate and interpret the regression and correlation concept; Understand and know the usefulness of probability in decision making; Estimate the mean and proportion of population from sample information; Calculate the trade-off between sample size and error.

INTERMEDIATE ACCOUNTING (EKA 2101 & EKA 2102) Intermediate accounting course provides an in-depth study of accounting concepts and principles presented in the introduction to accounting courses. Students will examine in detail the preparation of the financial statement. The course includes a comprehensive analysis of financial transactions affecting the proper recording and reporting of assets, liabilities, and equities. This includes both procedural and conceptual issues, as well as consideration of matters related to presentation and disclosure. INDONESIAN VALUES AND IDEOLOGY (UNU1100)* Indonesia as a nation and state has transformed itself into a more complex society; from traditional to modern, from agrarian to industrial, from local to global, and from irrational to relatively rational, etc. The transformation has taken place through different stages and process which is significant to bring into a deeper understanding. The process has also brought the country and society in transitional stage which means that the level of development is still exist in the life of the people and on the other hand, the new values and practices are gradually becoming new way of everyday life. This process will be discussed in term of ideology, values and norms, and social practices to draw the different dimensions of culture and society. FUNDAMENTALS OF MARKETING (EKM 1102) This course describes many aspects in marketing and marketing strategy planning. At its essence, marketing strategy planning is about figuring out how to do a superior job of satisfying customers. It should lead to decisions about a target market and marketing mix that represents the best opportunity and competitive advantage for the firm and superior value for customers. The marketing mix, also called the four Ps (Product, Price, Place, and Promotion), are basic elements learned in this course. The unifying focus of the ideas of marketing mix is on how to make the marketing decisions that a manager must make in deciding what consumers to focus on and how best to meet their needs. Beside the four Ps, marketing aspects described in this course includes: Marketing Concept as the philosophy for marketers; Marketing strategy; Segmenting the market and positioning; Marketing environment; Consumer behavior; Marketing information system. MATHEMATICS II (EKU 1102) This course covers dynamic comparative mathematics, beginning with discussion of integrals, followed by linear and nonlinear differentiation equation (first and second order). The course objective is to give a mathematical analysis foundation for students in order to understand dynamic economic concepts which will be encountered in subsequent courses such as econometrics, microeconomics and macroeconomics. SEMESTER III FUNDAMENTALS OF FINANCE (EKM 2201) The objectives of this course are to provide students with an understanding of the fundamentals of finance and their application to organizations, the financial challenges and ethical issues involved in leading and managing organizations and the global implications of business decisions made by the financial manager. This courses also provides students with opportunities to develop the ability to function effectively on teams and communicate effectively in an increasingly global and electronic environment, identify, analyze, and solve problems. OPERATION MANAGEMENT (EKM 2301) This course introduces the strategic view and contemporary concepts of operations management. Practices are going to be enhanced to provide students with unequivocal understanding. For this purpose, students will be aided with Production and Operations Management (POM) software. After finishing this course, students are expected to be able to capture and understand essential concepts in operations management, understand how operations function contributes to the accomplishment of corporate strategy, and apply POM software proficiently in order to overcome quantitative problems in operations management, including management information systems and project management. HUMAN RESOURCE MANAGEMENT (EKM 2410)* This course discusses all aspects of managing human resource as a primary source of sustainable competitive advantage. It provides an understanding of HRM concepts, methods, and techniques with particular focus on HRM functions as business partners in strategic decision-making process and its implementation. All functions of HRM such as planning, recruitment and selection, training and development, career management, performance appraisal, compensation management, HR audit are discussed from strategic and technical perspectives. Two primary learning objectives of this course are: (1) to provide participants with an in-depth knowledge of effective HRM concepts, methods, and techniques, and (2) to give an appreciation of learning the role of HRM in developing sustainable competitive advantage, especially in executing strategies and facilitating the process of change or organization transformation.

MARKETING MANAGEMENT (EKM 2102)* This is a follow on from Marketing Management which explores in greater depth the basic marketing concepts. The course explains the methods, techniques, and processes of formulating and developing a marketing planning to achieve their marketing objectives trough certain steps in the marketing plan which includes activities such as segmentation, targeting, marketing strategies and programs formulation technically called product, price, place or distribution and promotion, and action plan. The objectives of this course is to enrich students with a better understanding about (1) the mechanism of making marketing decisions, (2) basic marketing concepts and recent development in marketing, (3) the role of marketing managers, and (4) the ability to implement the marketing concepts they learn into a marketing planning project/exercise. MANAGEMENT ACCOUNTING (2202) This course provides a detailed look at the development and use of management accounting information in operational decision settings. This is based on the rationale that managers are required to be familiar with new management models which are very different to traditional management models, and to acquire the skills of using accounting information for internal decision-making. Topics covered include the shift in management paradigm, basic cost concepts, activity-based behavior, activity-based costing, activity-based budgeting, activity-based management, activity-based cost system, and international issues in management accounting. ENTREPRENEURSHIP (EKM 2101)* The course introduces students to entrepreneurship, especially for small enterprises. The discussions begin with idea creation, feasibility analysis, business plan, organization, and business development. The aims of this course are to introduce students to entrepreneurship concepts, to exercise students in developing and analyzing ideas, arranging and drafting plan, organize and develop business, and to provide an opportunity for students to exercise the skills in conducting a research in some small businesses. ECONOMETRICS I (EKU 2105) The course discusses basic econometric theories and methods of economic research with special reference to basic concepts of econometric methods and classical assumptions. Topics covered include dummy and limited dependent variables, statistical methods in estimating and testing economic models and practical applications of cross-section data. The course objective is to provide students with understanding and aptitude to analyze economic problems by means of econometric approaches. PROJECT EVALUATION (EKU 2146) This course applies economic theory in evaluating the impact of investment on social welfare. Project evaluation entails studying the economic and financial aspects of a project. This course teaches the technical and philosophical skills of project evaluation and how to apply these to development projects. The discussion begins by considering the objectives and the organization of investment appraisal. Relevant financial analysis to be used for the development of performed cash flow statements and application of various investment criterions, are NPV, IRR, Pay Back Period, and Cost-Benefit Ratio. The course objectives are to introduce the impacts of a project toward social welfare, to apply economic technical analysis in providing project appraisal information, and to study various cases of development projects. MICROECONOMICS II (EKU 2135) This course builds on Microeconomics I with special reference to topics related to the usage of assumptions in microeconomics. This course is designed to teach students to formulate actual problems into simple microeconomic models and analyses using acquired theories. MACROECONOMICS II (EKU 2136) The course is a follow on from Macroeconomics I. It examines macroeconomic theory in greater depth, including a partial coverage of advanced macroeconomic theories which consist of fundamentals of the economic growth process, supply and demand in open economy, and theory of economic fluctuation. It also discusses determinants of the level of aggregate demand, general equilibrium of product, money, and unemployment. The course aims to enhance student's ability to perform macroeconomic analyses in order to learn advanced macroeconomic phenomena HISTORY OF ECONOMIC THOUGHTS (EKU 2148)* This course provides and introduces the history of economic thought, including pre Classical, Classical, Socialist, Historicist, Institutionalism, and Neo-Classical Thought, the work of Keynes, Keynesian thought, and recent developments in economic thought. Discussions are emphasized on the contributions of Adam Smith thought, Keynes as well as the basic understanding of the benefits of studying history of economic thought. By understanding the development of economic thought from classical period to the present time, students are expected to be able to improve application of logical and theoretical abilities to fit the condition in Indonesia.

AGRICULTURAL ECONOMICS (EKU 1226)* Microeconomic analysis of the role of agriculture in the economy focusing on the allocation of production factors, supply and demand of agricultural output, factors affecting production decisions of small farmers, including adoption of new technologies. Interrelationships between agricultural activities and household consumption patterns also discussed. The objective of this course is to develop students analytical abilities to contribute to agricultural policies in Indonesia. ADVANCED ACCOUNTING I & II (EKA 3101 & EKA 3102) This course examines accounting topics for partnerships, mergers, acquisitions, business combinations, and discusses other advanced topics beyond the topics introduced in the first-year prerequisite courses, such as foreign currency translation and partnership accounting. It is designed to prepare students to interpret and analyze financial statements effectively. Therefore, prior to taking this course, students are expected to have a sound grasp of the basics of financial accounting. As a follow on from Advanced Accounting I, this course explores in a greater depth financial reporting topics introduced in Advanced Accounting I as well as other transactions not covered in that prerequisite course. Special emphasis is put upon specific problem solving in accounting for partnerships, business combinations and consolidations, inter-company transactions, and other aspects of inter-corporate stock ownership necessary for the preparation of consolidated financial statements. Intensive class participation is required for the success of the learning process. DEVELOPMENT ECONOMICS I (EKU 2137)* The primary concern of this course is theories and methods of economic development for developing countries. Areas covered include characteristics of less developed countries; economic, social, and political problems; growth and development theories; and distribution of income. It also compares the role of government and the role of the market in the World Bank's market friendly approach to development policy. This course aims to provide a descriptive illustration of theoretical approach, empirical research results and government policies to solve numerous problems in developing countries AUDITING I & II (EKA 3301 & EKA 3302) This course provides an introduction to the auditing practices performed by public accountants. The topics covered include the theory and philosophy of auditing, prescribed auditing standards, operational and compliance audits, attestation engagements, the design and evaluation of accounting systems and controls, relationship of public accountants to management, professional ethics, legal obligations of reporting companies and auditors, sampling techniques, and other auditing procedures and considerations. This course is a follow on from Auditing I. It discusses in more detail the specific audit topics such as substantive audit tests, application of basic audit concepts and processes in the accounting cycle, the significance of the audit report, the nature, accumulation, and evaluation of evidence for balances and transaction cycles of the auditor. SEMESTER IV INDUSTRIAL ECONOMICS (EKU 2230)* This course gives students an introduction to the way markets and industries are structured and the behavior and performance of institutions in competition, cooperation, corporate interaction with other organizations, such as the government and the banking sector. The course objectives are: (1) to introduce the basic concepts and tools of modern industrial economics, including game theory, and (2) to use these tools to examine important issues in the organization of firms and markets. Among the issues covered are oligopoly and collusion, determinants of market and corporate structures, price discrimination, and antitrust laws and policies. MONETARY ECONOMICS I (EKU 2139) This course provides an introduction to the role of money, the function of banks (central and commercial), the relationship between money and the economy (GNP, inflation, interest rates, unemployment, etc). It also gives an introduction to monetary theory and policy, and their implications for the economy. The objective of this course is to provide students the ability to use theories in analyzing economic phenomena for solving monetary problems. INTERNATIONAL ECONOMICS I (EKU 2140) The course examines trading relationships among countries and flow of production factors throughout the world economy. It introduces basic argument for free trade with emphasis on general equilibrium analysis, survey of trade restrictions including theory of tariffs, quotas, subsidies, and preferential trade agreements. It also discusses the impact of multinational firms, and trade and economic development. This course has two objectives: (1) to introduce the basic concepts and tools of modern international trade theories and (2) to examine important issues in commercial policy and international economic integration.

BUSINESS RESEARCH METHODS (EKM 3504) This course introduces basic concept of research method and business research process, starting with exploration of business data in a firm, identification of business problem, formulation of the business problem, formulation of hypotheses, choice of analytical models, data gathering, data analysis, hypotheses testing drawing conclusions, recommendation, and policy implication. The course objectives are to (1) develop student research skills and (2) improve the ability to make business decision. PUBLIC ECONOMICS I (EKU 2138) This course examines the influence of government budget from expenditure side that related to decision on resource allocation, income distribution, and aggregate economic performance. Topics covered economic analysis of government spending with particular emphasis on cost-benefit analysis. The objective of this course is to develop students ability in analyzing and formulating public economic problems and policies. HUMAN RESOURCE ECONOMICS (EKU 2228)* This course introduces the basic concepts and theories of human resource economics, the fundamentals of human resource problems, and the implications of the respective theories, empirical studies, and policies in the field of human resources. Topics include labor demand and supply, human capital, compensation and risk differentials, minimum wage/living wage legislation, unemployment, collective bargaining and unions, and labor discrimination. The course objective is to provide a comprehensive understanding concerning human resource and human-resource related problems faced in Indonesia. NATURAL RESOURCE ECONOMICS (EKU 2229) This course presents various public policies in relation to environmental problems such as acid rain, global warming, and air and water pollution. It also tries to determine the causes environmental degradation and the role that markets can play in both and solving pollution problems. A rigorous treatment, which to a certain extent is compared to the international environmental policy, with particular emphasis on the economics of pollution control, the application of cost benefit analysis to the environment, the economies of sustainable development and environmental policy development are introduced. The objective of this course is to develop and use microeconomic principles to better understand current environmental problems. ACCOUNTING THEORY (EKA 3103) This course discusses the importance of theory-building explanation and prediction of the usefulness of accounting information in economic decision making for financial information users. Topics include the history of accounting, philosophy of accounting theory, normative accounting theory, and positive accounting theory. The objective of this course is to provide knowledge to students in order to understand contemporary accounting theory. MANAGEMENT CONTROL SYSTEMS (EKA 3201) The course discusses the concepts and application in business organizations of management control systems. This course broadens the students' managerial knowledge and skills in planning, implementing, and using management planning and control systems for strategic implementation to attain organizational goals. Special reference is given to the structure and techniques of the management control process and the behavioral aspects affected by the application of management control. The course objective is to enhance students' ability in evaluating and designing effective management control systems. FINANCIAL MANAGEMENT (EKM 2202 & EKM 3201) As an introductory course to financial management, special references are given to the overview of financial management, such as the financial objectives, the role of both managers and investors, fundamental of financial statements, financial planning and financial environment; basic concepts in financial management, such as the trade-off between risk and return, and time value of money; the principle of financial asset valuation; financial tools and techniques The objectives of this course is to provide basic knowledge to the study and practices of financial management. Although as a follow on from Financial Management I, however, this course is not designed particularly for students majoring in finance. It introduces the field of finance, especially the financial functions of business corporations. Topics covered include capital structure and dividend policy, financial tools and techniques that can be used to help value maximization for firms by improving decisions related to capital budgeting and working capital management, and other related topics in financial management. In order to improve the understanding on the theories and practices, some cases in financial management are utilized. The aims of this course are to introduce students to financial management of business corporations, the concepts of risk, rate of return, and valuation as they are applied in finance.

BUSINESS LAW (EKM 3601)* One of the aspects of such external environment of the company is the legal environment, which is formed in the format of legalization, which is related closely to the aspects of the business in general. Main discussion of this course are the legal aspects, including Legal-normative definition of a company, legal obligations of those who run the companies, bookkeeping and registration/ publication, Forms of the companies, Limited Company/ Public Company, Merger, consolidation, acquisition or take over, Holding company and conglomeration, Capital Market/ Stock Exchange, and Corporate Banking. ORGANIZATIONAL BEHAVIOR (EKM 2402)* The course provides knowledge of the behaviors in organizational settings by systematically studying individual, group, and organizational process. Among topics covered are individual and psychological characteristics, motivation, group behavior, teamwork, communications, decision making, leadership, culture, organizational structure and design, and managing organizational change. The aim of this course is to equip students with comprehensive knowledge of behavior of individual, group, and organization. TAXATION (TAX ACCOUNTING) (EKA 3501)* This course is designed to provide students with a technical and theoretical familiarity in a wide range of taxation issues including definitions and classifications of the Indonesian federal income tax law, measurements and accrued tax payment procedures, the recognition and process of managing documents, and the affects of federal tax laws toward fiscal financial statements and commercial financial statements. CONSUMER BEHAVIOR (EKM 2104)* This course provides knowledge about external factors as well as internal factors that influence consumer behavior. Those factors are then to be used to develop marketing strategy, in addition to utilizing it as a basis for studying the complexity of consumer behavior. The course is aimed to increase students' abilities in identifying accurate market opportunity and the consumer behavior pattern in order to formulate an appropriate marketing strategy. SEMINARS IN MANAGEMENT (EKM 2501)* This course describes the determinants of the success factors of an organization in the global setting. Those determinants are the ability of an organization to (1) reorganize and renew itself, (2) focus itself on internal and external changes, and (3) fit with its environment. Several contemporary concepts of finding organization-environment fit are discussed in this course. The objective of the course is to broaden students' insights on contemporary management issues and concepts. Understanding those issues and concepts will prepare students enter the real business world and contribute to organizations in order to effectively and efficiently respond toward environmental changes. BUSINESS ETHICS (EKA 3603)* The course discusses ethical issues in business. A human being is a moral or ethical being, from time to time, he or she is involved in exercising his or her free will in a continuous flow of moral or ethical decisions of choosing good or bad conducts in his or her life. The course is specially designed to covers deep and thorough discussions of moral or ethical issues in business. To enhance the understanding, dome empirical cases of business ethics are utilized. ECONOMETRICS II (EKU 3106) This course examines further the fundamentals of econometric theories and methods of economic research. Discussions include applied regression analysis, specification and estimation of economic models, hypothesis testing, statistical significance, interpretation of results, and policy implications. Problems caused by violating classical regression model assumptions, estimating the production error, variance, seasonal adjustment, pooling of time-series data, lagged variables, auto-correlation and heteroscedasticity are also discussed. The objective is to provide students with an ability to understand and analyze economic behaviors using econometric models, particularly dynamic models, simultaneous equation models, and data panels. RURAL ECONOMICS (EKU 2231)* This course examines the application of microeconomics on management of agricultural and rural development. The course includes topics on small and medium enterprises which usually located and developed in rural areas. Agricultural products usually are vulnerable products and have inelastic demand. Therefore, to produce maximal result in this sector, it is needed strategic and unique way. In the next turn, it will increase job opportunities and improve the rural welfare society. BUDGETING (EKM 3502) The emphasis of this course is on the concepts and practices associated with budgeting at company. Students will be provided an opportunity to develop basic budgeting skills. The purpose of the course is twofold; first, to provide the knowledge and skills that all students should receive for careers in business, and secondly, to provide a solid foundation for those who wish to study more advanced topics in company budgeting.

SEMESTER V URBAN ECONOMICS (EKU 2232)* This course examines the problems in urban economics. In positive side, urban facilitates production and trade facilities. Besides that, in urban areas people could find any kind of goods and services. However, in urban areas we also find many problems such as poverty, environmental problems, and high criminalities. The course discusses the urban problems and proposes possible solutions for the problem. BANKS AND FINANCIAL INTERMEDIARIES (EKU 2201)* The course examines the introduction to the entire area of money and public finance. Oriented towards students wishing to obtain a broad general understanding of importance of money and public finance upon economic activity. This course examines the role and functions of money, operation of financial institutions, effects of money and credit on economic activity, the commercial banking system, risks faced by financial institutions, and management practices in Indonesian banks and financial institutions. MONETARY ECONOMICS II (EKU 1143)* This course covers the material presented in Monetary Economics I in more depth, focusing on money supply and demands with specific reference to empirical studies and case studies in Indonesia. This course aims to provide knowledge to students concerning monetary economic theories, including their development and applications. INTERNATIONAL ECONOMICS II (EKU 2144) Following on from International Economics I, this course examines topics in international finance and open macroeconomics. Emphasis is placed on major issues of international finance, broader and intermediate macroeconomic tools and insights of the role of the international economy. Special topics include international business cycles and policy coordination, and the nature of currency crises. This course aims to provide students with knowledge of the description, theory, and system of international payment. DEVELOPMENT ECONOMICS II (EKU 2141)* Following on from Development Economics I, this course discusses current issues and development problems in developing and fewer developing countries as far as possible, simple empirical models, and with specific reference, where possible, to the Indonesian context. Topics covered include basic growth and development theories, the roles of government, capital and technology in development, dualistic economic models, and international trade. This course aims to enhance students' abilities in analyzing development problems by observing various cases which occurred in developing countries, particularly Indonesia. PUBLIC ECONOMICS II (EKU 2142)* This course discusses the functions of government in the economy as reflected in the budget policy. It investigates the economic role of the public sector especially from revenue side such as and current issues in regional decentralization. The course objective is to develop students abilities in analyzing and formulating fiscal policies. BUSINESS ENVIRONMENT: SOCIOLOGY AND POLITICS (SPD 1303)* The course explores the relationship between business organizations and environments in which they operate. It is designed to help students frame policy issues related to business in legal, economic, ethical, and political terms. Topics include corporate social responsibility, ethics, government relations, and regulatory compliance. INVESTMENT THEORY (EKM 3201) This course covers modern theories of investment and financial risk management. This course discusses portfolio management (in particular, mean-variance analysis) and asset pricing models (e.g., CAPM and APT). It will also discuss the concepts of arbitrage, market completeness, and the fundamental theorem of mathematical finance. Subsequently, this course discussion turns to the models of the term structure of interest rates and derivative pricing. MANAGEMENT INFORMATION SYSTEMS (EKA 2401) The course provides a review of the use of information technology from managerial perspectives. To enhance the learning process, discussions of a variety of issues related to management practices in the area of information technology are directed into potential areas for implementing the technology. Topics include data management, application of information technology in business, and various current issues in management information systems.

INTERNATIONAL BUSINESS (EKM 3501)* This course deals with business functions in an international perspective. The course examines various concepts of international business, contingent international environment, international business strategies and their operations. It also addresses global issues and describes concepts relevant to international businessman, regardless of the extent of their international involvement. Dynamic strategy is also incorporated to provide a sustainable competitive advantage that enables organization to anticipate, respond, and adapt to the complexity and the rapid change of international business landscape. The course objectives are to enhance understanding of international perspectives for business activities, and to develop critical concepts for international business facing a global competition. BUSINESS FEASIBILITY STUDY (EKM 4501) This course provides a business analysis and feasibility overview of proposed company. It will discuss a descriptive of the purpose of company and the current business organizations and IT systems already in place, requirements and options for change to current business organizations and IT systems, recommended options, and associated expenditures, risk, issues and business benefits. Finally, the student need analysis the feasibility some kind of business. BUSINESS PLAN The course will provide a detailed awareness of the elements needed to develop a new venture business plan. This course will develop analytical and business writing skills through course assignments that will give the student the skills a comprehensive business plan. The lecturers will provide basic business communication instruction to assist the student in making a professional written and oral presentation of business plan. This course will cover a broad range of business plan development topics that will require the students to keep current with assigned material. INTERNAL AUDITING (EKA 4301) This course is an introduction to the works performed by internal auditors, the auditing process, audit planning, and the test methodologies in internal auditing. Topics covered include internal auditing standard, fundamentals of organizational control, internal auditing operational approach, and internal auditing activities. After taking this course, students are expected to acquire a comprehensive understanding of internal auditing for the purpose of improving financial and managerial performance. PUBLIC SECTOR ACCOUNTING (EKA 3502) This course provides an introduction and framework of reference to comprehend and apply the concept of management accounting, financial management, budgetary, funds, and expenditure control systems in public: sector organizations. Among the topics covered are characteristics and definition of public sector accounting; planning, programming, and budgeting system; zero-base budgeting; financial accounting theory; public sector accounting performance measurement; and capital accounting. This course aims to develop students ability to analyze current issues and to identify and apply appropriate solutions. RESEARCH METHODS (ACCOUNTING) (EKA 3602) This course provides students with applied skills in conducting and understanding research in accounting. The main focus of this course is on the understanding fundamental knowledge of research methods. This course also introduces student to the view of analyzing and interpreting statistical techniques, interpreting data and understanding research findings. SEMESTER VI INDONESIAN ECONOMY (EKU 2147)* This course introduces the mechanism of the Indonesian economic system, including the role of history and cultures, structure and development, and development policies. The course objective is to provide a comprehensive illustration of the system, structure and economic policy in Indonesia. RESEARCH METHODS (EKU 3107) This course discusses the definition of research and introduces the research processes beginning from the preparation until the reporting stage. The teaching methods are traditional lectures, discussions, and fieldwork. This course aims to introduce students to various types of researches to develop students' aptitudes in following reporting procedure and conducting independent economic research appropriately. PUBLIC POLICY ANALYSIS (EKU 3251)* The course is designed to discuss simple analysis method the process of public policies through six steps of policy basic process. It includes cases in public policies in developed and advanced countries and also in Indonesia.

INSTITUTIONAL ECONOMICS (EKU 2236) The course introduces basic concepts and understandings about institutional theory within the area of economics analysis. It includes the theory of transaction costs, property rights, and the theory of contract that is implied in market, firm and state. DEVELOPMENT PLANNING (EKU 2227)* The course discusses basic concepts of development planning. The course focuses on the understanding of planning, the need of planning, basic tools in development planning, the planning process, and analysis of development planning. The goal is to provide basic concepts of development planning and the implication of planning in developing countries, including Indonesia. REGIONAL ECONOMICS (EKU 2231)* This course gives an introduction to the spatial aspect in economic analysis. Topics include theories of location, rent theory, the concept of regions and their structure, population location (inter-regional migration), regional economic development, and regional development issues. The goal is to provide basic concepts of regional development approach for overall economic development. STRATEGIC MANAGEMENT (EKM 4401) This course investigates the concept of strategic analysis and implementation at business. Specific concept will be discussed in this course, including environment and industry analysis, organization performance analysis, business strategy analysis; gap analysis, strategic decision making, corporate strategy analysis and strategic alliances. FINANCIAL STATEMENT ANALYSIS (EKA 4101) Focusing on the analysis of financial statements as an aid to making investment, lending and financial planning decisions, this course prepares students for accurate interpretation and analysis of the statements through the utilization of various case studies. The course adopts a modern approach to the topic of financial statements analysis. Although some attention is devoted to the mechanics of dissecting financial statements, the primary emphasis lies on development of an understanding of the market environment in which financial information is used. INTERNATIONAL ACCOUNTING (EKA 4102) The course provides an understanding of accounting issues arising from the increased globalization of business. It introduces and examines accounting issues unique to multinational enterprises and international business activities. Among issues covered are comparative cross-national financial reporting; international financial disclosure issues; accounting harmonization; ethics; taxation and transfer pricing issues; foreign exchange; cultural issues; and issues faced by multinational firms such as management control for the global marketplace. INTERNATIONAL FINANCE (EKM 3202) The course introduces students to international finance including international markets, international investment, and international corporate financial management. Discussion topics include the overview of international finance, treatment of foreign exchange, currency and derivative markets, currency risk, international portfolio management, and international corporate financial management. International strategy and international investments are also being covered. The aims of this course are to introduce the international finance theories and a framework for evaluating the many opportunities, cost and risks of multinational operations in a manner that allows students to see beyond the algebra and terminology to general principles, and to help solving international finance management problems. ACCOUNTING INFORMATION SYSTEMS (EKA 3401) This course gives an introduction to the evaluation and design of accounting information systems and the methods to document and analyze a client's hardware and software needs. It is based on the use of conceptual framework professionally and the legal responsibilities of accountants and auditors in designing, operating, and controlling AIS applications. In addition to it, internal controls, networking options and security issues are discussed. BUSINESS RESEARCH METHODS (EKM 3504) This course introduces basic concept of research method and business research process, starting with exploration of business data in a firm, identification of business problem, formulation of the business problem, formulation of hypotheses, choice of analytical models, data gathering, data analysis, hypotheses testing drawing conclusions, recommendation, and policy implication. The course objectives are to (1) develop student research skills and (2) improve the ability to make business decision.

SPECIAL TOPICS IN ACCOUNTING On successful completion of this subject students should be able to describe current frontier developments in knowledge in a major subject area in accounting, apply the accounting techniques to test theories or develop knowledge on relevant issues and problems in accounting and critically evaluate the significance and research methodologies of contributions to the subject area. GLOBAL MARKETING (EKM 3102)* The course deals directly with the today's international marketing issues. This course examines various aspects of the international marketing environment, and the decisions making process performed by a marketing manager. It also develops an international marketing strategy to compete in global market in which dynamic strategy should be incorporated for sustainable competitive advantage. The objectives of this course are: (1) to understand marketing in global perspectives, (2) to understand methods of managing global marketing activities, and (3) to practice of analyzing global marketing cases. INTERNATIONAL HUMAN RESOURCE MANAGEMENT (EKM 3402)* The course provides an international perspective of human resources practices. Students are introduced to the strategic framework of international human resources management and its challenges. It extends to the international perspective of the topics discussed in the Human Resources Management course. The aim of the course is to build a better comprehension on the HR practices dealt by international companies. INTERNATIONAL OPERATION MANAGEMENT (EKM 3302) This course is designed to provide a comprehensive understanding of managing operations, transforming inputs into useful outputs. Specifically, the course objective is to prepare students to have background knowledge on how goods and services are produced and adequate skills to organize themselves for productive enterprises internationally. FINANCIAL ECONOMICS (EKU 2204) The course examines the inter-temporal economic choice in both conditions of certainly and uncertainly. The course discusses the Fisher Separation Theorem with emphasis on the importance of allocation resources in competitive markets. Budgeting complexities for financial securities and private companies will also be derived. This course will also analyze investment portfolio choices performed by risk adverse consumers with the assumption that those consumers intend to maximize profits. Topics on the method adoptable by companies to fund its investment, alternatives of capital structure, and the impacts of divided policies will be explored. The course objective is to provide applications of microeconomics and statistical theories related to financial economics regarding investment, cost-benefit analysis, and the determination of price. SEMESTER VII STUDENT COMMUNITY SERVICE (UNU 6000)* The duration of Student Community Service is 2 months (300 hours). Student Community Service gives student the opportunity to experience business/organizational management, strategy, problems, also the technical know-how to solve the problems the business/organization may deal with. Students may take the Student Community Service program as the basis for their thesis. To join the Student Community Service, students are required to complete all courses. There are two types of Student Community Service: - Student Community Service organized by LPPM (Lembaga Penelitian dan Pengembangan Masyarakat) UGM. Students may select from the business/organization of LPPM networks and LPPM will provide support in connecting student to the business/organization. - Student Community Service that is fully organized by students. A group of students has to find a business/organization and organizes everything (fund, supervisor) by themselves. After everything is fixed, students propose this community service to IUP office, which will be submitted to LPPM collectively. FINAL REPORT/ THESIS (EKM 3503) IUP students are provided with a reliable background in the theories of accounting/ business /economics. Graduates are expected to have the necessary research skills. So student need to have research experience before they enter the research work environment or for further study. All IUP students are required to write a thesis. The topic of the thesis could be a case study in a company employing a pragmatic approach to methodologically approach of research.

COMPREHENSIVE EXAM Comprehensive exam is a final exam to determine the graduation of a student from FE UGM. Comprehensive exam is comprised of two tests, i.e. examination of student s thesis and examination of main subjects as determined by the department. Student must pass the thesis exam before can continue with main subject exam. A student will be examined by three examiner assessing student knowledge of after finishing all subject of the program. There is no credit for this exam. Student will directly know the exam result just after the exam finish. *) Focus more in Indonesia & ASEAN perspective