Designed to foster new and existing businesses, besides the world-class curriculum, we also provide business support system for you who are enrolled in this program—from entrepreneurs club, incubation programs, business mentors, venture capital/angel investors, to business networks.

Full of hands-on experiences since the beginning of the program, the lectures are delivered by faculty members who are mostly practitioners and entrepreneurs.

Combined with ITB’s strengths in arts, design, science, and technology you have more than enough network to enhance the value added and innovation in your business.

Moreover, this program is fully supported by Institute of Creative and Cultural Entrepreneurship (ICCE) at the Goldsmiths, University of London (GUL), a leading university in the field of creative and cultural entrepreneurship.

Commencement date:
Every August
Length of study: 
18 months

Class schedule:
In between 08.00—17.00

Total credits:
41 credits in 3 long semesters, 1 short semester
Compulsory courses: 41 credits

Course Structure

Stage 1: Initiation Business Plan (Interview)

Tell us the business of your dream. Submit a business plan—whether it is from your existing business or the one you plan to start soon. This is part of our assessment of your eligibility to enroll in the entrepreneurship MBA program.

Stage 2: Basic Business Management Skill

Learn the basic skills to perform managerial activities ranging from management, administration, entrepreneurship, to stewardship. This stage is applied in all SBM ITB MBA programs.

Required courses:
Business Economics
Finance Management
Marketing Management
Operations Management
People in Organization

Stage 3: Planning Entrepreneurial Modeling

Failing to plan is planning to fail. Master the specific know-how needed by entrepreneurs to develop a sustainable business.

Required courses:
Business Initiation
New Venture Management
Business Growth Management

Stage 4: Final Project

Equip yourself with broad knowledge of culture and creative industry, also implement the best methods in developing innovations for your business.

Required courses:
Contextual Creativity
Design Art & Culture
Design Thinking
Entrepreneurial Modeling
Final Project A

How to Apply

Annually, MBA ITB commence classes on August and January. Early preparation become the important step to enrol and start an embarking journey with MBA ITB.

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January Intake
December/January IDR 10,000,000 (Confirmation fee) + IDR 25,000,000
May (short semester) IDR 10,000,000
July IDR 25,000,000
December/January IDR 25,000,000
Total IDR 95,000,000
August Intake
July IDR 10,000,000 (Confirmation fee) + IDR 25,000,000
December/January IDR 25,000,000
May (short semester) IDR 10,000,000
July IDR 25,000,000
Total IDR 95,000,000


  • The tuition fee covers your entire academic activities in our program: course credits, course materials (excluding text books), field trip, career service & internship, also development activities managed by our program (business talk and business clinics)
  • Students who exceeded the limit of normal study period (3 long semesters and 1 short semester) will be charged with the following tuition fees:
    • Long semester: IDR 15 million/each semester
    • Short semester: IDR 10 million/each semester
  • Confirmation fee and all the tuition fees cannot be refunded in all conditions, including when a student fail to register or finish the program
  • SBM ITB reserves the right to adjust the above information