Sbm itb

School of Business Management-Institut Teknologi Bandung (SBM-ITB)
The School of Business Management (SBM) (Indonesian: Sekolah Bisnis Manajemen) is a faculty under the auspices of Institut Teknologi Bandung(ITB), located in Bandung, Indonesia.

It is currently the youngest faculty in the university, founded in 2003 . Currently, the school's dean is Prof. Ir. Surna Tjahja Djajadiningrat, MSc. Ph.D., with ex-Indonesian minister Dr. Ir. Kuntoro Mangkusubroto serving as the chairman

The faculty's vision is to be one of the top ten business and management school in Southeast Asia by 2015.

The school's curriculum includes a three year length of study, compared to most universities' required normal length of study of four years for an undergraduate degree, and emphasis on real management practices, embodied by its 'Integrative Business Experience' class, a compulsory subject for second year students.

Integrative Business Experience (IBE)

Criticism Towards SBM-ITB
Since its inception in 2003, the school has been under fire from critics citing the school's expensive tuition fee. When it first accepted students, its entry fee alone was an extravagant sum of approximately US$6000, very expensive for a state university which usually charges around US$500 to US$3000. . The tuition fee for SBM students in 2009 is US$75 per credit which brings a total of approximately US$1500 to US$1650 per semester, a far cry from the US$400 per semester tuition fee that other faculties in the university is charging.. The university claimed that, since the Indonesian government retracted its subsidies to ITB it needed to sustain itself using cross-subsidies, among other initiatives that the university is implementing, thus such a wide gap was unavoidable..

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