UIII's FEB Launches New Program: Master of Finance in Sustainable Finance

July 07, 2023 Contributor: Achmad Jatnika | Editor: Dadi Darmadi

The Faculty of Economics and Business (FEB) at Universitas Islam Internasional Indonesia (UIII) is proud to announce the launch of the Master of Finance in Sustainable Finance program for the 2023/2024 academic year. This program, initiated by FEB UIII, reflects the university's commitment to making a positive impact on the global community.

The Master of Finance in Sustainable Finance is one of the two master's programs offered by FEB UIII, alongside the Master's in Economics. Dr. Rizky Wisnoentoro, the program's head, highlighted that its establishment demonstrates FEB UIII's role as an international academic institution.  

Dr. Rizky emphasized that FEB UIII is among the pioneers in providing a specialized program in Sustainable Finance at the postgraduate level. He stated, "This comprehensive program not only explores and proposes new concepts to the world but also integrates professional practice in the field."  

The program was developed against the backdrop of the global pandemic, which heightened awareness of the multiple crises and global transitions faced by society. Driven by the need to address environmental issues, such as achieving net-zero emissions and Sustainable Development Goals (SDGs), substantial financial resources are required annually. This study program aims to provide solutions to these pressing challenges.  

Moreover, the program aims to explore how collaboration between the government, the business sector, and society can be fostered. Dr. Rizky explained, "As an international academic institution with an Islamic foundation, we have formed this program to offer the global community an Islamic perspective on the current state of this global transition."  

Through this program, graduates will develop analytical thinking skills and the ability to apply abstract concepts to real-world situations. They will be equipped to thrive in diverse and inclusive environments, engaging in a continuous dialectic between religious principles and the realities they encounter. Furthermore, they will actively contribute to the evolving field of Sustainable Finance, which remains fluid and dynamic.  

Dr. Rizky envisions that graduates of this program will have various career opportunities, including academia, research, sustainable business professionals, entrepreneurship, analysis, regulation, and involvement in Non-Governmental Organizations (NGOs) or Intergovernmental Organizations (IGOs).  

The establishment of this study program is closely aligned with Indonesia's current condition. Indonesia is emerging as a socio-economic powerhouse, gaining global recognition as it chairs the G20 in 2022 and ASEAN in 2023. Dr. Rizky believes that sustainable finance will play a pivotal role in the world economy, given its increasing demand. Additionally, global trends such as the green economy, blue economy, and business resilience further reinforce the relevance of this study program.  

"I hope that the M.Fin in Sustainable Finance program will lead the way in realizing the vision of Indonesia as a global socio-economic leader in the future," expressed Dr. Rizky.