The Importance of FIBAA Accreditation for UMN’s Faculty of Business

FIBAA Accreditation. Image Source: FIBAA Official Website

Multimedia Nusantara University (UMN) is one of the leading private universities in Indonesia that provides various excellent study programs, one of which is the UMN Faculty of Business. UMN’s Faculty of Business has four study programs: Diploma in Hospitality, Bachelor of Management, Bachelor of Accounting, and Master of Technology Management. As a form of commitment and realization of Universitas Multimedia Nusantara (UMN) in improving the quality of higher education, the international FIBAA accreditation for the Faculty of Business is obtained.

What is FIBAA?

FIBAA (Foundation for International Business Administration Accreditation) is an international accreditation agency based in Germany focusing on accrediting higher education institutions in business administration, economics, management, and law. It holds strict accreditation standards and is constantly updated according to the latest developments in business and management.

FIBAA has a strong and internationally recognized reputation. FIBAA accreditation demonstrates that study programs and higher education institutions have met high-quality standards and fulfilled strict requirements for quality education. Quoting the ENQA website, industry-leading organizations Switzerland, Austria, and Germany established FIBAA in the fall of 1994 as an international foundation. From day one, the aim was to develop rigorous Assessment Guidelines for quality assurance in the field of higher education.

This international accreditation aims to promote quality and transparency in education and science by awarding certificates of quality to educational programs and educational institutions in the fields of higher education and continuing professional development. FIBAA pursues this goal by developing appropriate methods and tools and applying them. 

They establish guidelines for the respective qualification targets of educational programs and educational resource providers and establish an internationally qualified commission for the purpose of accreditation, certification and evaluation of domestic and foreign educational programs and educational resource providers.

Also read: Let’s Get to Know What is FIBAA International Accreditation.

Benefits of FIBAA Accreditation for UMN’s Faculty of Business

The existence of FIBAA accreditation for study programs at the UMN Faculty of Business provides many benefits for students, faculty, and the institution. Here are some benefits of the UMN Faculty of Business FIBAA accreditation.

Guaranteeing the Quality of Education

FIBAA accreditation guarantees high educational quality and international standards. This gives prospective students and parents confidence that study programs at UMN’s Faculty of Business are of good quality and relevant to the needs of the global job market.

Improving Reputation

FIBAA accreditation can also improve the reputation of UMN’s Faculty of Business institutions and study programs. Institutions that have received FIBAA accreditation are considered high quality and committed to international standards in teaching and research.

Increasing Competitiveness

With FIBAA accreditation, study programs at UMN’s Faculty of Business become more competitive in the global education market. Students who have graduated from this program have an advantage in the competition to get a job in a multinational company or continue their education to a higher level abroad.

Ensuring Program Quality

The FIBAA accreditation process involves a thorough evaluation of the study programs at UMN’s Faculty of Business. This ensures that study programs at UMN’s Faculty of Business meet high-quality standards and are relevant to the needs of the global job market.

Gaining Trust and Fulfilling Educational Standards

FIBAA accreditation provides excellent benefits to students and alumni of UMN’s Faculty of Business. Students can feel confident that they are taking a study program that has been internationally recognized and meets strict quality standards. This can help them prepare for their careers in an increasingly competitive global job market.

In addition, this accreditation also benefits UMN’s Faculty of Business alumni. Alumni with degrees from FIBAA-accredited study programs will have a competitive advantage in finding jobs in international companies or multinational organizations requiring business skills and knowledge relevant to the global market.

In 2021, three study programs under UMN’s Faculty of Business, S1 Management, S1 Accounting, and S2 Technology Management, were accepted to participate in the FIBAA international accreditation process and are in the assessment process stage.

At UMN’s odd semester work meeting held on July 19, 2022, Dr. Friska Natalia, S.Kom., M.T., UMN’s Vice-Chancellorr for Academic Affairs, informed that two UMN faculties: Art & Design and Communication Sciences, are being prepared to be submitted for FIBAA accreditation.

Also read: The Benefits of International Accreditation for UMN’s Business Study Program.

Isn’t it cool? UMN is in the process of becoming a World Class University. Therefore, UMN always prepares and develops its institutions according to national standards and needs and internationally.

Interested in studying at UMN? Let’s visit UMN‘s website

By Reyvan Maulid | UMN News Service

English translation by Levina Chrestella Theodora

Kuliah di Jakarta untuk jurusan program studi Informatika| Sistem Informasi | Teknik Komputer | Teknik Elektro | Teknik Fisika | Akuntansi | Manajemen| Komunikasi Strategis | Jurnalistik | Desain Komunikasi Visual | Film dan Animasi | Arsitektur | D3 Perhotelan , di Universitas Multimedia Nusantara. www.umn.ac.id