The Dean of FEB UNS, Prof. Bhimo Rizky Samudro, expressed his gratitude and appreciation in his welcoming remarks for the extensive support from multiple parties throughout the establishment process of the Islamic Economics and Finance Study Program. He emphasized that the inception of this study program is the culmination of a long-standing journey and cross-generational collaboration within FEB UNS.

“The success of this launching is a continuous process of initiatives pioneered long ago by senior deans and the founders of this study program. We are just continuing and implementing the aspirations that were built by our predecessors,” he stated.

Furthermore, he extended his appreciation to the FEB UNS former Deans of FEB UNS as his senior, the task force overseeing the new study program establishment, faculty members, and various institutions that supported the legal progression up to the program’s official inauguration. Further, he acknowledges external supports from key partners, including Bank Indonesia, the Financial Services Authority (OJK), and other Islamic financial institutions.

According to the Dean, the establishment of the Islamic Economics and Finance Study Program represents an integration and collaboration between internal academic elements and external stakeholders to advance Islamic economic education that remains relevant to societal needs.

“We hope this study program can keep advancing and fulfil public expectations. The presence of this program is also expected to foster new collaborative tools with high schools and partners to strengthen Islamic economics and financial literacy,” he added.

Meanwhile, the Vice Rector for Planning, Partnership, Internationalization, and Information Affairs UNS, Prof. Irwan Trinugroho, remarked that the establishment of the Islamic Economics and Finance Program is the result of extensive efforts involving numerous parties since the initial planning phases. He recounted the development process initiated by the senior deans of FEB UNS through the development of human resource, including sponsoring faculty members to pursue advanced studies in the field of Islamic economics.

“We are grateful to have visionary founders for initiating and preparing for the establishment of this study program from the very beginning. Praise be to God, it has now been achieved and officially launched,” he said.

Prof. Irwan also announced that the Islamic Economics and Finance Study Program is currently accepting new student applications via the independent selection pathway (Jalur Mandiri) until June 2, 2026, with an intake capacity of 60 students for its inaugural year.

He noted that the program possesses immense potential, supported by highly qualified academic staff, adequate learning facilities, and a dedicated building funded through the Hajj Financial Management Agency (BPKH) welfare program grant. “This study program becomes one of the new study programs at UNS that, prior to its official launch, already have its own building and comprehensive supporting facilities. The support extended to this program has been extraordinary,” he explained.

In addition to the inauguration and grand launching, the event featured a talk show titled “Syariah Future Talks: Literacy, Innovation, and Digitalization.” The discussion panel brought together various professionals and practitioners in Islamic economics, including Wawan Sugiyarto, Ph.D. (Analyst at DJPPR, Ministry of Finance of the Republic of Indonesia), Krishna Adityangga (CEO & Founder of Oorth), and Tastaffiyan Risfandy, Ph.D. (Islamic Banking Researcher at FEB UNS), with Dila Maghrifani, Ph.D., serving as the moderator.

Through this grand launching, FEB UNS envisions the Islamic Economics and Finance Study Program as a premier hub for developing adaptive Islamic economic knowledge while contributing to producing outstanding graduates in the global Islamic economics and finance sectors. The Grand Launching ceremony directly aligns with the implementation of the Sustainable Development Goals (SDGs), particularly Goal 4 (Quality Education), by expanding access to higher education within the domain of Islamic economics.

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In her remarks, Prof. Tri emphasized that this initiative reflects the faculty’s dedicated commitment to ensuring students can successfully conclude their higher education. “The purpose of this gathering is a form of care provided by the faculty. We ultimately want the absolute best for all of you so that you can successfully complete your studies,” she stated.

Prof. Tri further detailed that the invited participants comprised students from the 2019 cohort entering their seventh year, the 2020 cohort entering their sixth year, and the 2021 cohort entering their fifth year of study. Through this forum, the faculty aimed to directly hear the diverse challenges encountered by the students and collaboratively formulate effective solutions.

Furthermore, Prof. Tri highlighted the critical importance of understanding academic regulations and maintaining active student status through mandatory semester registration. She noted that FEB UNS has published the 2025 Academic Guidelines, which are accessible via the official FEB UNS website tailored to each respective study program. “Should there be financial constraints regarding the tuition fee (UKT) payment, the university provides mechanisms to apply for financial relief. However, administrative registration must still be completed to ensure your student status remains active,” she explained.

In addition, students were briefed on the official mechanisms for academic leave, thesis completion, internships, as well as withdrawal procedures as a last resort for those facing critical time constraints.

Nevertheless, Prof. Tri strongly encouraged students to persevere in completing their degrees, particularly those who have already reached the final thesis writing stage. “For those who only have their undergraduate thesis remaining, we sincerely hope you will strive to cross the finish line, as you are just one step away,” she urged.

Following the main plenary session, the event proceeded into breakout rooms managed by the respective Heads of Study Programs. During these breakout sessions, students engaged in detailed discussions regarding academic obstacles, progress updates, and strategic measures to accelerate their graduation. Through this monitoring and evaluation initiative, FEB UNS aims to facilitate students in graduating punctually while strengthening the communication channels between the faculty, study programs, and students. This activity aligns with FEB UNS’s commitment to the Sustainable Development Goals (SDGs), particularly Goal 4 (Quality Education), by providing inclusive and sustainable higher education support services.

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This international seminar represents one of FEB UNS’s strategic initiatives to reinforce its institutional quality assurance system while supporting the progression toward international accreditation from the AACSB (Association to Advance Collegiate Schools of Business). The AACSB is recognized as one of the most prestigious business accreditation bodies globally, evaluating the quality of educational institutions based on international standards in governance, learning, research, institutional impact, and human resource development.

Through this agenda, FEB UNS aims to cultivate a comprehensive understanding regarding the implementation of effective and sustainable quality assurance in both academic and non-academic sectors. The seminar also served as a forum for discussion to share experiences, strategies, and best practices in addressing the challenges of international accreditation within an increasingly competitive and globalized higher education landscape.

Tastafiyan Risfandy, SE., MSc., Ph.D., Vice Dean for Student and Alumni Affairs FEB UNS, expressed his appreciation in his welcoming remarks to all parties who supported the preparation of the international seminar. He emphasized that fostering a robust culture of quality is an essential foundation for developing a higher education institution that is both excellent and adaptive to global transformations.

“Thank you for attending this seminar, and for the support of all parties who have facilitated the implementation of this event. This seminar serves as a pivotal momentum for FEB UNS to continuously learn and reinforce institutional quality in meeting international accreditation standards,” he stated.

Furthermore, he explained that quality assurance serves more than accreditation documentation; rather, it reflects an institutional commitment to creating an educational framework that is high-quality, transparent, accountable, and oriented toward continuous improvement.

“We hope that through this activity, FEB UNS can acquire diverse insights and strategic inputs regarding the preparation toward AACSB Accreditation and quality assurance to support sustainable academic and non-academic quality enhancement,” he explained.

During the seminar, participants gained multi-dimensional perspectives on the importance of sound institutional governance, the enhancement of outcome-based curricula, the advancement of research quality and scientific publications, the competency development of faculty and administrative staff, and the vital role of international collaboration in bolstering global university competitiveness.

Aside from it’s main objective as a platform for institutional capacity building, this international seminar reaffirms FEB UNS’s commitment to creating an innovative, inclusive, and globally-oriented higher education ecosystem. The pursuit of AACSB accreditation is expected to elevate the faculty’s international reputation while unlocking broader opportunities for collaboration with global educational institutions and industries.

Through this seminar, FEB UNS envisions the continuous reinforcement of a quality-driven culture within the university environment, driving sustainable improvements in educational services, and producing graduates who are competent, adaptive, and globally competitive.

This initiative also constitutes part of FEB UNS’s contribution toward achieving the Sustainable Development Goals (SDGs), particularly Goal 4 (Quality Education) and Goal 16 (Peace, Justice and Strong Institutions), by fostering strong, effective, transparent, and accountable institutional frameworks.

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In her remarks, the Vice Dean for Academic and Research Affairs of FEB UNS, Prof. Tri Mulyaningsih, S.E., M.Si., Ph.D., conveyed that the session is important for providing students with a comprehensive understanding of the laboratory training programs designed to support their readiness for the professional world. She explained that FEB UNS students are expected to develop three core skill components: academic skills, generic skills, and technical skills, where technical skills being particularly significant given their direct relevance to specific professional competencies in fields such as export-import, logistics, the capital market, and entrepreneurship.

“This info session aims to ensure that students understand that, in addition to completing their coursework, they are also required to participate in training activities equivalent to 5 credit units (SKS) as part of competency strengthening prior to graduation,” she explained.

Following the opening remarks, each laboratory head presented their respective training plans for the year 2026. The laboratories currently operating under FEB include the Financial Technology Laboratory, the Export-Import Laboratory, the Logistics and Capital Market Laboratory, the Entrepreneurship Simulation Laboratory, the Taxation Laboratory, the Project-Based Learning Laboratory, the Village Development Laboratory (Laboratorium Bina Desa), and the Integrated Information Technology Laboratory. In the subsequent session, each laboratory head elaborated on the types of training offered, the subject matter to be covered, and the benefits students stand to gain from participating in the programs.

In addition to the training sessions, students also have the opportunity to pursue formal recognition of the competencies they have acquired through professional certification facilitated by the Universitas Sebelas Maret Professional Certification Body (LSP UNS). Such certification provides formal acknowledgment of student competencies and serves as a valuable asset upon entering the workforce.

Through this socialization activity, FEB UNS encourages students to take full advantage of the available training and certification programs to enhance their practical skills, strengthen their readiness for the professional world, and support competency development from their undergraduate years onward. The activity is also consistent with efforts to advance the Sustainable Development Goals (SDGs), particularly SDG 4 (Quality Education) through the enhancement of skills-based learning, and SDG 8 (Decent Work and Economic Growth) by preparing graduates who are competent, adaptive, and competitive in the labor market.

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The program was motivated by a number of challenges faced by the partner small and medium enterprises (SMEs), particularly in the production of natural dye-based batik. Prior to the program, production processes were carried out entirely by hand, resulting in limited production capacity and inconsistent dye quality, while the natural dyeing techniques that characterize the products were also prone to reduced colorfastness. In addition, a relatively simple business management system had led to poorly structured task allocation, and digital marketing had yet to be utilized to its full potential, conditions that collectively impacted production efficiency and constrained market expansion.

Through the program, the community service team implemented a series of integrated activities, beginning with socialization and field observation to map the needs of the partner community. This was followed by technical training in ecoprint and exotic batik production, including the optimization of the mordanting process, a chemical process to prepares fibers, using more environmentally friendly materials. The team also provided managerial mentoring covering basic bookkeeping, production planning, and the application of the plan–do–check–act management cycle. On the marketing front, partners were assisted in conducting SWOT analyses, developing promotional materials, and optimizing their use of social media and online marketplaces.

A key component of the program was the handover of appropriate technology assistance in the form of a batik feeder machine and supporting production equipment. This contribution is expected to improve work efficiency, accelerate the production process, and maintain quality consistency without compromising the artistic value of nature-based batik. The partner artisans also succeeded in developing a new product innovation through this program, exotic batik, a hybrid technique combining batik and ecoprint methods utilizing locally sourced natural dyes. This product offers superior colorfastness, greater design variety, and added value as a sustainable regional specialty product.

One of the partner artisans expressed appreciation for the mentoring provided by the UNS team, noting that the dyeing machine contributed significantly to the production process. “Thank you to Prof. Rahmawati and the team from UNS Solo for guiding us over the past several months. We also received a machine to assist with the dyeing process. The color results are finer and the process is more efficient compared to before, when everything was done manually, so the outcomes are far better,” she conveyed.

The community service program is expected to drive improvements in community business capacity while strengthening the development of creative products grounded in local resources. The activity is also consistent with the university’s commitment to advancing the United Nations Sustainable Development Goals (SDGs), particularly SDG 8 (Decent Work and Economic Growth) and SDG 12 (Responsible Consumption and Production), through the strengthening of community economic capacity and the development of environmentally responsible products.

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In his remarks, the Dean of FEB UNS, Prof. Bhimo Rizky Samudro, S.E., M.Si., Ph.D., conveyed that FEB UNS is currently preparing its eligibility application, which is planned for submission in April. External input was therefore considered essential to strengthen the documents prepared by the accreditation team. “We need feedback before proceeding with the submission in April, specifically, which areas require further strengthening. Although our team has prepared the materials, we still need to learn how to present and communicate them more effectively,” said Prof. Bhimo.

Dr. Khairunnisak shared her experience with international accreditation processes, noting that although she is no longer formally part of her institution’s accreditation team, she continues to follow developments in institutional accreditation. Her initial involvement included the AACSB re-accreditation process at the School of Business and Economics, Universiti Putra Malaysia, as well as the initial accreditation processes for AMBA and EQUIS. Prior to the discussion, Dr. Khairunnisak posed several questions to the FEB UNS team regarding the faculty’s current stage in the accreditation process, the objectives of the discussion, and the steps already undertaken in preparing the accreditation application.

In response, the Vice Dean for Academic and Research Affairs of FEB UNS, Prof. Tri Mulyaningsih, S.E., M.Si., Ph.D., explained that FEB UNS has been an AACSB member for approximately ten years, though the formal application process only commenced the previous year. FEB UNS has submitted its business unit application and received confirmation that it may proceed to the eligibility application stage. The FEB UNS team has also participated in an AACSB workshop in the preceding year as part of the preparation process.

Putra Pamungkas, S.E., M.Rech., Ph.D., subsequently presented an overview of the eligibility application document prepared by the FEB UNS team, elaborating on the various aspects covered in the document while opening the floor for feedback from Dr. Khairunnisak as external examiner. Should it be necessary, the complete eligibility application document will also be forwarded to Dr. Khairunnisak for further review.

In her closing remark, Dr. Khairunnisak recommended that the document review process be completed prior to Eid al-Fitr to avoid a rushed submission. She also emphasized the importance of institutional commitment to the international accreditation process, including active participation in various activities organized by AACSB.

This activity forms part of FEB UNS’s efforts to enhance the quality of education and academic governance toward international standards, in alignment with the United Nations Sustainable Development Goals (SDGs), particularly SDG 4 (Quality Education) through the improvement of higher education quality, and SDG 17 (Partnerships for the Goals) through the strengthening of international collaboration with partner institutions.

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In her presentation, Prof. Evi explained that the research departs from the interconnection between ecological and economic dimensions in natural resource management, emphasizing that an economic valuation approach is necessary to assign measurable value to environmental services that have long remained invisible within conventional economic systems. She noted that environmental degradation in watershed areas can adversely affect water quality and availability, with upstream areas serving as providers of environmental services while mid- and downstream areas benefit economically from those water resources. “

Ecology and economics are inherently interconnected. Economic valuation serves as a bridge for understanding how environmental services can be assigned economic worth,” she explained.

The study, conducted in the Pusur Sub-Watershed in Klaten Regency, involved community surveys to assess residents’ willingness to support environmental conservation efforts through a Payment for Environmental Services (PES) scheme. The research team measured two primary approaches: Willingness to Pay (WTP), referring to the readiness of water users to contribute financially to conservation efforts, and Willingness to Accept (WTA), referring to the readiness of upstream communities to receive compensation in exchange for maintaining environmental sustainability. The research sites encompassed upstream villages of Mriyan and Pagerjurang, as well as the mid-watershed villages of Ponggok and Cokro in Klaten Regency. All villages are selected for their direct involvement in the utilization and management of water resources within the Pusur Sub-Watershed. Employing a field survey methodology through the Contingent Valuation Method (CVM), the study engaged hundreds of respondents to identify community perceptions of the PES scheme.

The findings revealed a discrepancy between the willingness-to-pay values of water users and the compensation expectations of upstream communities, indicating that the effective implementation of a PES scheme requires policy support and institutional strengthening. Through the forum, participants had the opportunity to discuss the development of economic valuation-based environmental policy frameworks, while deepening their understanding of the importance of integrating ecological, economic, and social dimensions in natural resource management.

The Working Paper Forum also forms part of FEB UNS’s broader efforts to advance research and academic discourse contributing to sustainable development. In alignment with the Sustainable Development Goals (SDGs), the activity supports SDG 6 (Clean Water and Sanitation) through efforts to sustain water resources, as well as SDG 13 (Climate Action) and SDG 15 (Life on Land) through the strengthening of scientific inquiry into environmental conservation and sustainable ecosystem management.

In her closing remarks, Prof. Evi stressed the importance of preserving water resources, cautioning that while many assume water will never run out due to its natural cycle, that cycle can be disrupted if its supporting ecosystems, such as trees and water catchment areas, are no longer maintained. She explained that as long as the water cycle remains intact, water may be classified as a renewable resource. However, should that cycle be broken, water would exist only as a finite stock and risk becoming a non-renewable resource. To prevent this, she advocated for water conservation and the adoption of sustainable water use practices, including circular water use concepts such as repurposing ablution water for irrigating plants.

Prof. Evi expressed her hope that awareness of the need to preserve water would continue to be cultivated, ensuring that future generations are not confronted with water scarcity or prohibitively high-water costs, and called upon all participants to collectively safeguard water as a fundamental source of life.

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In his opening remarks, the Head of the Export-Import Laboratory FEB UNS, Arif Rahman Hakim, S.E., M.Ec.Dev., Ph.D., MCE., conveyed that the activity forms part of the faculty’s student competency development program in the field of international trade. He explained that in 2026, the Export-Import Laboratory of FEB UNS plans to organize six rounds of export-import training, with the current session constituting the first batch in the series.

“Insyaallah, this year the Export-Import Laboratory will conduct six training sessions. We are beginning with the first batch, to be followed by the second, third, and subsequent batches, culminating in a certification-based training conducted in collaboration with the Ministry of Trade,” he explained.

Arif further noted that the first through fifth batches will be conducted internally, featuring speakers from among FEB lecturers and export practitioners based in Surakarta, while the certification-based training will be held in partnership with the Ministry of Trade. Through this program, participants will not only receive a faculty-issued training certificate, but will also be encouraged to proceed to professional certification at the university level through the UNS Professional Certification Body (LSP).

“We hope that after completing this training, participants will not stop here. We encourage you to continue to the certification program at LSP UNS in order to develop stronger competencies in the field of export-import,” he stated.

He further affirmed that the objective of the training extends beyond fulfilling administrative student requirements, and is aimed at strengthening practical skills and soft skills relevant to the world of work. “We wish students to not only have a strong GPA, but also to possess expertise that will serve them well when entering the workforce. One of the essential skills is understanding export-import process,” he added.

In the first session, Muhammad Bagus Sistriatmaja, S.E., M.E., a lecturer at FEB UNS, delivered material on the fundamentals of export commodity identification and the Harmonized System (HS) Code classification used in international trade. He explained that participants would be guided through the process of identifying commodities with export market potential and learning how to classify goods using the HS Code.

“We will try to identify commodities that have export market potential, such as coffee and spices like chili and ginger, and examine which countries offer the greatest market opportunities,” he explained.

In addition to the presentation, participants engaged in a simple simulation to practice the export commodity identification process, preceded by a pre-test to assess their baseline understanding of international trade. The training also featured Ivan Kurniawan, an export practitioner and entrepreneur from Surakarta, who shared firsthand experience from his work in the field.

Through this activity, students are expected to gain practical insights into international trade while strengthening their readiness to navigate the dynamics of the global business environment. The training also reflects FEB UNS’s ongoing efforts to develop well-rounded graduates who excel not only academically, but also possess practical skills aligned with industry needs. Furthermore, the training is consistent with the commitment of the Faculty of Economics and Business, UNS, to advancing the Sustainable Development Goals (SDGs), particularly SDG 4 (Quality Education) through the strengthening of student competencies in international trade, and SDG 8 (Decent Work and Economic Growth) by equipping students with practical skills relevant to the industrial world and global business opportunities.

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The Dean of FEB UNS, Prof. Bhimo Rizky Samudro, S.E., M.Si., Ph.D., highlights the significance of the FutureFin Talk for students, particularly those enrolled in the Digital Business study program, as it provides an opportunity to learn directly from practitioners and stakeholders in the financial technology sector. “Students should not be confined solely to lessons and theories in the classroom. The campus must also be integrated with developments beyond its walls, including those in the industrial world,” he stated.
He further noted that UNS is currently placing emphasis on integrating academic activities with the Sustainable Development Goals (SDGs) agenda, particularly SDG 4: Quality Education, and expressed the hope that events such as this would provide students with new insights and perspectives from competent speakers.

The Head of the Surakarta Branch for the Financial Services Authority (OJK), Eko Hariyanto, extended appreciation to FEB UNS for its commitment to supporting the enhancement of financial literacy and inclusion through the organization of educational activities for students. OJK also acknowledged the contribution of fintech company AdaKami in participating in financial literacy and inclusion programs in Indonesia by engaging students as participants in this event.

On the other hand, the Head of Digital Business Study Program, Aldy Fariz Achsanta, S.E., M.Rech., Ph.D., conveyed that the event serves as a space for students to sharpen and update their knowledge of financial technology, both conceptually and in terms of the practical challenges that arise in its implementation. He noted that participants received perspectives from two speakers representing distinct viewpoints, from the industry and academics, enabling students to develop a more comprehensive understanding of fintech developments.

“This event is fundamentally part of a remarkable synergy between the academic world and the industrial world. It is hoped that going forward, this collaboration will involve an even broader range of stakeholders, from the business sector and regulators to the wider community,” he remarked.

He further mentioned that such collaboration is essential to advancing responsible and sustainable financial inclusion, and encouraged students to engage attentively with the material in order to gain direct insight into how the fintech industry operates in practice.

Through the FutureFin event, students are expected to acquire not only theoretical understanding but also a meaningful discussion experience that offers a tangible perspective on industry practice.

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The visit aims to verify and strengthen the implementation of inclusivity, equality, and accessibility within the campus. The program also constitutes part of the application of the UNS Inclusion Metric, which refers to the implementation of reasonable accommodation policies for persons with disabilities within the educational system. Assessment in this inclusive competition encompasses three principal standards: psychological support, physical facilities, and learning standards. All of these aspects serve as key indicators in evaluating the extent to which a faculty is able to create an academic environment that is welcoming, equitable, and accessible to all members of the academic community, including persons with disabilities.

In his remarks, the Dean of FEB UNS, Prof. Bhimo Rizky Samudro, S.E., M.Si., Ph.D., stated that the faculty has been continuously working to make improvements based on feedback provided by the university team in previous assessments, and affirmed that FEB remains open to suggestions and evaluations that can drive further enhancement of inclusivity within the faculty. “Several notes from the previous year have served as areas for us to continue improving. We hope that through this visitation, the assessor team can provide constructive feedback so that the implementation of the inclusion program at FEB can progress further,” he stated.

Meanwhile, the UNS Inclusive Competition Team, led by Prof. Dr. Ir. Bambang Suhardi, S.T., M.T., ASEAN Eng., expressed appreciation for the warm reception and preparations made by FEB UNS. He explained that the assessment is not intended to identify shortcomings, but rather to serve as a space for dialogue in collectively strengthening an inclusive campus culture. “We are here to conduct verification while also engaging in discussion regarding the implementation of inclusivity, equality, and accessibility values within the faculty. It is our hope that this process will yield tangible benefits for the development of a more inclusive campus culture,” he explained.

On the same occasion, the Head of the FEB UNS Inclusion Team, Mulyadi, S.E., M.Ec.Dev., Ph.D., MCE., conveyed that the visitation was oriented towards direct discussion with the assessor team regarding the inclusion programs that have been implemented at FEB, with the expectation that such discussions would yield constructive input to strengthen the faculty’s ongoing inclusivity development efforts.

Through this activity, FEB UNS demonstrates its commitment to continually developing an inclusive and supportive educational environment for all members of the academic community — an effort aligned with the spirit of UNS’s 50th Anniversary: “Five Decades of Service to the Nation: A Foundation for the Acceleration of Impactful and Sustainable Achievement.”

This commitment to strengthening an inclusive campus culture is also consistent with the Sustainable Development Goals (SDGs), particularly SDG 4 on Quality Education and SDG 10 on Reduced Inequalities, both of which emphasize the importance of equitable and inclusive access to education for all.

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