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.
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.
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.
Number of Tertiary Education Institutions: 4,384 (2015)
Type: 91.5% Private, 8.5% Public
Students in Higher Education: 6,959,622 (2015)
Net Enrolment Rate in Tertiary Education: 20.18% (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.
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