Brief History

Faculty of Economics and Business Universitas Brawijaya (FEB UB) was first established as Perguruan Tinggi Ekonomi Malang (PTEM – Malang College of Economics) on June 27, 1957 to promote and develop science, particularly of economics. The establishment of PTEM aimed to develop the future economists and to yield graduates with good morals and responsibilities. In 1960’s, PTEM, along with other faculties, was affiliated under UB, thus PTEM was acquired as Faculty of Economics Universitas Brawijaya (FE UB). In its early years, FE UB offered diploma programs with majors in Public Economics and Enterprise Economics. Public Economics was specialized in economic theories, while Enterprise Economics had several specializations namely marketing, production, finance, and human resources.

Furthermore, in 1977, Diploma Program in Accounting was established in cooperation with Accounting Department State University in Indonesia, Indonesian Institute of Accountants, and several public accounting firms. FE UB had made rapid developments since early 2000s in response to the rapid changes of the environment, the dynamic changes in the Business and Economics field and the increasing demand for international accreditation toward World Class Faculty. Internally, FE UB began to improve its facilities–installed with updated technology, curriculum–improved along with the global developments and job market demand, human resource–increasing the competence and qualification of faculty members. FE UB continuously offered new study programs (from three study programs at the beginning years to 12 until recently). Furthermore, Faculty of Economics (FE) was institutionally transformed into Faculty of Economics and Business (FEB) in accordance with the Rector UB Decree Number 018/SK/2011. Nowadays, FEB UB manages three departments: Economics, Management, and Accounting.