University of International Golden Indonesia



International Global Institute School of Economics

International Global Institute School of Economics is a private higher education institution located in Jakarta, Indonesia. Established in 1983, the institution focuses on undergraduate and postgraduate programs in economics and business. STIE IGI aims to develop competent, disciplined, and industry-ready graduates capable of meeting the demands of the modern business environment.

History

The establishment of STIE IGI was inspired by the academic experiences of its founder, Dr. J. W. Limbong, Ph.D., who pursued his master’s and doctoral degrees in the United States during the late 1970s and early 1980s. He completed his master’s degree at Brigham Young University and earned his doctorate from the University of Utah.
During his studies, Dr. Limbong served as President of International Students , a role that provided him substantial exposure to international education systems. During this period, he gained the inspiration to establish a higher education institution in Indonesia. In a story he often recounts, Dr. Limbong describes a dream in which Brigham Young—the founder of BYU—urged him to build an educational institution in his home country.
After returning to Indonesia in 1984 and resigning from his position at Bank Indonesia, Dr. Limbong founded the Golden Nusantara Foundation, which subsequently developed educational institutions ranging from kindergarten to higher education, including the International Golden Institute . In 1993, the Master of Management program at IGI received official accreditation from the Ministry of Education and Culture of Indonesia.

Educational Philosophy

STIE IGI applies an educational approach that emphasizes discipline, potential development, and consistent learning. Its institutional motto reflects these values:

“Smart, Earnest, and Punctual.”

These principles are embedded in the academic culture of the institution and upheld by students, lecturers, and administrative staff. Punctuality and professional work ethics are considered essential elements of the educational environment at STIE IGI.

Leadership and Organizational Culture

In leading the institution, Dr. J. W. Limbong highlights the importance of collective effort and the active involvement of all members of the academic community. He believes that the success of an educational institution is a shared achievement rather than the result of leadership alone.
The postgraduate program at STIE IGI is supported by 14 faculty members, consisting of 9 doctoral degree holders and 5 professors specializing in various fields of economics and management.

Social Programs and Scholarships

As part of its social contribution, STIE IGI offers several scholarship programs intended for:
  • Senior high school principals
  • Civil servants
  • Individuals affected by layoffs
  • High-achieving students from economically disadvantaged backgrounds
These scholarship initiatives are grounded in the belief that improving the capabilities of key individuals—such as educators—can create broader social impact.

Globalization Preparedness

To stay relevant in the global academic landscape, STIE IGI continuously develops an internationally oriented curriculum, including:
  • Comparative studies with education systems in developed countries
  • Implementation of globally aligned learning methods
  • A requirement for students to achieve English proficiency equivalent to a TOEFL score of 500
  • Free English training programs for students who have not met the required proficiency
Foreign language competence is viewed as an essential capability for global competitiveness.

Academic Programs

Undergraduate Programs
  • Management
  • Accounting
Postgraduate Program
  • Master of Management
These programs are designed to equip students with analytical skills, managerial abilities, and practical business insights relevant to today’s economic landscape.

Facilities

STIE IGI provides various academic and student-support facilities, including:

Partnerships and Collaboration

The institution maintains partnerships with national and international organizations, covering activities such as:
  • Guest lectures
  • Professional training and workshops
  • Internship programs
  • Joint research initiatives
  • Academic enrichment and student development programs
These collaborations enhance the academic experience and strengthen graduate competencies.

Student Activities

Students at STIE IGI actively participate in:
  • Student Activity Units
  • Seminars and webinars
  • Business competitions
  • Community service programs
Such activities promote leadership, soft skills, and professional networking among students.

Alumni

STIE IGI has an active alumni network contributing to various professional sectors.
Alumni portal: https://ecampus.stie-igi.ac.id/igi/alumni