Asia School of Business

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JAKARTADAILY.ID – The Asia School of Business (ASB), in partnership with the MIT Sloan School of Management, invites Indonesian professionals to apply for its unique 12-month MBA program. The program, the only one of its kind in Southeast Asia, combines rigorous academic coursework with hands-on Action Learning projects across the region.

Various research indicates that Indonesia is facing a growing demand for skilled business leaders, with local companies increasingly supporting employees pursuing higher education. An estimated 80% of businesses in the country back such initiatives, while MBA graduates see average salary increases of 25–40 percent, among the highest in the region.

“In an era where Indonesia’s need for qualified business leaders is more critical than ever, ASB’s MBA program offers a rare combination of theoretical and practical learning,” said Sanjay Sarma, CEO, President, and Dean of ASB.

The program includes an immersive experience at MIT Sloan in Cambridge, Massachusetts, and Action Learning projects across Southeast Asia, providing participants with a blend of global and regional insights. Tuition is set at $35,000, covering course materials, accommodation during the MIT immersion, and travel for international projects.

For those seeking additional expertise, ASB offers an MBA+ extension, allowing students to pursue an extra semester or a Master of Science in Management Studies at MIT Sloan.

Jakarta-based graduate Ivan Ramdhani, 37, praised the program’s impact.

“The ASB MBA experience was transformative. The combination of intensive coursework, practical Action Learning projects, and the MIT Sloan immersion provided me with a comprehensive understanding of global and regional business practices. This holistic experience not only broadened my perspective but also played a crucial role in securing my current leadership role,” he said.

Originally published by Jakarta Daily.

The Ministry of Digital, in partnership with MyDIGITAL Corporation and the Asia School of Business (ASB), celebrated the graduation of 205 participants from the inaugural Executive Digital Leadership Programme (EDLP), designed to empower leaders for the nation’s digital transformation.

Minister of Digital Gobind Singh Deo highlighted the programme’s importance, stating, “For the 205 exceptional individuals who have completed the Executive Digital Leadership Programme (EDLP), their achievements symbolise a step forward for Malaysia’s digital future. This is more than just a programme; it is a strategic investment in leadership excellence.”

CEO of MyDIGITAL Corporation Adrian Marcellus, noted the transformative potential of the graduates, saying, “This graduation is a testament to Malaysia’s commitment to cultivating digitally empowered organisations. The skills acquired by EDLP participants will drive better decision-making, more agile operations, personalised customer experiences, and increase speed to market.”

ASB CEO, President and Dean, Professor Sanjay Sarma, added, “Through EDLP, participants have not only developed actionable digital transformation roadmaps but have also gained a lifelong network of digital leaders to continue driving innovation and addressing real-world challenges effectively.”

The programme covered emerging technologies, digital leadership, cybersecurity, and ethics, with sessions featuring technology giants like Microsoft, Google, IBM, Amazon Web Services, Shopee, and Cisco Systems.

Participants from various sectors shared their insights on the programme. Data Quality and Digitalisation Lead at Sarawak Shell Bhd Foo Keat Hoe described it as providing “a glimpse of everything, helping you view different perspectives on how things work across industries.” Meanwhile, Hizam bin Ghazali, General Manager at TM Technology Services Sdn Bhd, commended the programme’s structure, which combined in-person lectures, online courses, and expert consultations.

Datin Rosliza Rosli, Director at the Ministry of Education, praised the opportunities for collaboration and networking, noting, “The valuable takeaways provided fresh insights, which my organisation can directly benefit from.”

The EDLP is positioned to contribute significantly to Malaysia’s digital transformation, equipping leaders with the skills and network needed to drive innovation and growth.

Originally published by Business Today.

JAKARTA – Asia School of Business (ASB) memberikan kesempatan kepada para profesional asal Indonesia untuk menjadi calon pemimpin bisnis masa depan di Asia Tenggara. Bekerja sama dengan MIT Sloan School of Management, ASB melihat potensi dan tantangan yang besar untuk menghadapi pertumbuhan dan transformasi bisnis di Asia Tenggara.

“Di era di mana kebutuhan Indonesia akan pemimpin bisnis yang berkualitas semakin mendesak, maka program MBA (Master of Business Administration) ASB menawarkan perpaduan langka antara pembelajaran teoretis dan praktis,” kata Sanjay Sarma, CEO, Presiden, dan Dekan ASB, dalam keterangannya kepada media di Jakarta, Kamis (28/11/2024).

Sanjay menjelaskan program MBA ini memiliki durasi selama 12 bulan. Program ini, kata dia, merupakan satu-satunya di kawasan ini yang menggabungkan pembelajaran akademis yang ketat dengan pengalaman langsung dalam action learning di seluruh Asia.

Ajakan pendaftaran ini, menurut Sanjay, sejalan dengan momen penting Indonesia, dimana terjadinya peningkatan permintaan terhadap pemimpin bisnis yang terampil dan terus berkembang. Ia melihat saat ini para pengusaha lokal semakin menghargai nilai pendidikan manajemen tingkat lanjut.

“Diperkirakan 80% perusahaan di Indonesia yang kini mendukung karyawan mereka untuk melanjutkan studi ke jenjang yang lebih tinggi. Bagi lulusan MBA, hal ini menjadi keuntungan besar karena gaji rata-rata setelah lulus MBA di Indonesia dilaporkan meningkat sebesar 25-40%, salah satu yang tertinggi di kawasan ini,” tuturnya.

Sanjay memahami adanya peningkatan permintaan regional untuk keterampilan dalam mengelola bisnis ini. Sebagai contoh, kata dia, pada 2024, rata-rata kenaikan gaji di Indonesia mencapai 6,5%, dengan kenaikan serupa diperkirakan akan terjadi pada 2025, didorong oleh kekurangan talenta dan tekanan inflasi.

“Hal ini menempatkan lulusan MBA dalam posisi yang unggul untuk memanfaatkan tren tersebut, terutama di bidang-bidang dengan pertumbuhan tinggi seperti teknologi, keuangan, dan manajemen,” ujarnya.

Sanjay mengatakan dengan desain praktis dari program maka memungkinkan siswa untuk terlibat langsung dengan tantangan bisnis yang berlangsung di berbagai pasar serta memberikan landasan kuat untuk kepemimpinan yang efektif.

Untuk program kurikulum yang diberikan, kata dia, mencakup program imersif di MIT Sloan, serta proyek Action Learning di seluruh Asia Tenggara, yang memberikan beragam pengalaman yang jarang ditemui di program MBA tradisional.

Originally published by Sindonews.

EDUKASI –  JAKARTA. Asia School of Business (ASB), yang bekerjasama dengan MIT Sloan School of Management, membuka kesempatan bagi profesional Indonesia untuk mengikuti program Master of Business Administration (MBA). 

Program ini dirancang untuk mempersiapkan pemimpin bisnis masa depan dalam menghadapi tantangan pertumbuhan dan transformasi di Asia Tenggara. 

“Di era di mana kebutuhan Indonesia akan pemimpin bisnis yang berkualitas semakin mendesak, maka program MBA ASB menawarkan perpaduan langka antara pembelajaran teoretis dan praktis,” kata Sanjay Sarma, CEO, Presiden, dan Dekan ASB, dalam siaran pers, Kamis (28/11/2024).  

Program MBA ASB berdurasi 12 bulan dan menggabungkan pembelajaran akademis dengan pengalaman langsung melalui proyek action learning di berbagai negara Asia. Menurut Sanjay, program ini relevan dengan meningkatnya permintaan akan pemimpin bisnis di Indonesia.  

“Diperkirakan 80% perusahaan di Indonesia kini mendukung karyawan mereka untuk melanjutkan studi ke jenjang lebih tinggi. Bagi lulusan MBA, ini menjadi keuntungan besar karena gaji rata-rata mereka meningkat 25%-40%, salah satu yang tertinggi di kawasan,” ujarnya.  

Sanjay juga menyoroti tren kenaikan gaji di Indonesia yang diproyeksikan mencapai 6,5% pada 2024, dengan kenaikan serupa diperkirakan pada 2025. Tren ini, menurutnya, membuka peluang besar bagi lulusan MBA, terutama di sektor teknologi, keuangan, dan manajemen.  

Program MBA ASB mencakup pengalaman imersif di MIT Sloan dan proyek action learning di Asia Tenggara. Biaya program ini sekitar US$ 35.000, termasuk akomodasi selama program di MIT dan biaya perjalanan untuk proyek di luar Malaysia.  

ASB juga menawarkan opsi ekstensi MBA+ bagi peserta yang ingin melanjutkan satu semester tambahan atau meraih gelar Master of Science in Management Studies di MIT Sloan. 

“Opsi ini dirancang bagi mereka yang ingin memperdalam keahlian di bidang tertentu dan mempersiapkan diri untuk peran kepemimpinan,” tambah Sanjay.  

Lulusan program ini, Ivan Ramdhani, berbagi pengalamannya. “Kombinasi antara mata kuliah intensif, proyek action learning, dan imersi di MIT Sloan memberikan wawasan komprehensif tentang praktik bisnis global dan regional,” katanya.  

Selain program MBA, ASB juga menawarkan inisiatif Agile Continuous Education (ACE) untuk mendukung pembelajaran seumur hidup. Program ini memungkinkan profesional mengikuti kursus fleksibel sesuai kebutuhan dan memberikan jalur menuju program MBA atau EMBA ASB dengan kredit yang dapat ditransfer.

Originally published by Kontan.

DIPERKIRAKAN 80% perusahaan di Indonesia yang kini mendukung karyawan mereka untuk melanjutkan studi ke jenjang yang lebih tinggi. Bagi lulusan MBA, hal ini menjadi keuntungan besar. Soalnya, gaji rata-rata lulusan MBA (Master of Business Administration) di Indonesia dilaporkan meningkat sebesar 25%-40%. Ini menjadi salah satu yang tertinggi di kawasan Asia.

Itu disampaikan Sanjay Sarma, CEO, Presiden, dan Dekan Asia School of Business (ASB), dalam keterangannya kepada media di Jakarta, Kamis (28/11/2024). Sanjay memahami ada peningkatan permintaan regional untuk keterampilan dalam mengelola bisnis ini. Sebagai contoh, kata dia, pada 2024, rata-rata kenaikan gaji di Indonesia mencapai 6,5% dengan kenaikan serupa diperkirakan terjadi pada 2025 didorong oleh kekurangan talenta dan tekanan inflasi. 

“Hal ini menempatkan lulusan MBA dalam posisi yang unggul untuk memanfaatkan tren tersebut, terutama di bidang-bidang dengan pertumbuhan tinggi seperti teknologi, keuangan, dan manajemen,” ujarnya. Karena itu, ASB bekerja sama dengan MIT Sloan School of Management siap memberikan kesempatan kepada para profesional asal Indonesia untuk menjadi calon pemimpin bisnis masa depan di Asia Tenggara. 

“Di era kebutuhan Indonesia terjadap pemimpin bisnis yang berkualitas semakin mendesak, program MBA ASB menawarkan perpaduan langka antara pembelajaran teoretis dan praktis,” kata Sanjay. Program MBA ini memiliki durasi selama 12 bulan. Program ini, kata dia, merupakan satu-satunya yang menggabungkan pembelajaran akademis yang ketat dengan pengalaman langsung dalam action learning di seluruh Asia.

Untuk biaya program MBA ASB ini dipatok sekitar US$35.000. Di dalamnya mencakup semua materi kuliah, akomodasi selama program Imersi di MIT, serta biaya perjalanan untuk proyek Action Learning di luar Malaysia. “Pendekatan komprehensif ini memastikan siswa mendapatkan dukungan penuh selama tahun studi yang intensif,” ujarnya.

Lebih jauh ASB menawarkan ekstensi MBA+ yang memungkinkan siswa untuk melanjutkan satu semester tambahan atau bahkan meraih gelar Master of Science in Management Studies di MIT Sloan. “Opsi ekstensi ini ditujukan bagi mereka yang ingin memperdalam keahlian di bidang bisnis tertentu, meningkatkan jalur karier, dan mempersiapkan diri untuk peran kepemimpinan,” kata Sanjay. (Z-2)

Originally published by Media Indonesia.

Southeast Asia’s dynamic economies and intricate political landscapes pose unique challenges for leaders balancing stakeholder interests amidst resource constraints and global uncertainty. This makes mastering negotiation, fostering collaboration, and leading with diplomacy critical skills for navigating complexity and driving business success. In this episode with Professor Bruno Verdini, Executive Director of the MIT-Harvard Mexico Negotiation Programme at Massachusetts Institute of Technology, we explore practical frameworks and actionable strategies to overcome negotiation blind spots, and discuss the skills leaders need to thrive in politically and economically complex environments.

Listen to the full interview below.

Originally published by BFM.

Professor Joseph Cherian, a Malaccan, exemplifies a breed of influential academics with careers beyond the walls of academia, bringing global insights and experience to serve the communities he came from. 

As Deputy CEO and Practice Professor at the Asia School of Business (ASB), Cherian’s career spans roles as an electrical engineer, a finance executive, and a philanthropic advisor. His extensive experience bridges the gap between theory and practice, enriching his teaching, writing, and policy contributions.

In the classroom, Professor Cherian weaves his real-world financial experience with theory, creating a dynamic learning environment that brings financial concepts to life for his students. 

His approach reflects the “mind and hand” ethos of his alma mater, MIT, where he combines practical skills with theoretical knowledge to inspire flexible, hands-on learning.

I was able to blend my past experience as a US academic and more recent experience in the financial industry to make the classroom come alive with finance theory blended with real-life experiences, financial lab simulations, and tools like Bloomberg and Thomson Reuters workstations. It was truly experiential learning for the students. – Professor Joseph Cherian

From Engineer to Executive to Educator

Professor Cherian began his career as an electrical engineer but soon transitioned to finance. He earned a master’s and PhD in finance from Cornell University and eventually served as Managing Director and Global Head at Credit Suisse in New York. 

While his career on Wall Street was impressive, his passion extended beyond professional success to making education accessible to others. 

Ever conscious of his own humble beginnings as a former scholarship student at MIT and the grim financial realities of a world-class education,  Professor Cherian has been committed to supporting students from low-income backgrounds in accessing world-class education.

I was a beneficiary of loans and scholarships from both MIT and the Kuok Foundation during my undergraduate years at one of the most expensive colleges in the US at that time (1982-86). The Kuok Family’s astounding generosity to aspiring Malaysian students, when such bursaries were fairly scarce, left an indelible mark in my mind. – Professor Joseph Cherian

In 2007,  Professor Cherian and his wife Emma (Yanfang) began their philanthropic journey by establishing scholarships for MIT and Cornell University students. Their foundation has since provided vital support to many young students, including setting up the Yanfang and Joseph Cherian Bursary at the National University of Singapore, where they were both based for 12 years.

When I saw my first Wall Street bonus check, I was shocked and said “I am not worthy”. My wife was also in the financial industry, and we have no children. In the US we are known as  DINKS (“Double Income No Kids”). So, what we did was to give back. – Professor Joseph Cherian

From Global Influence to Homegrown Impact

Currently, Professor Cherian serves as Deputy CEO and Practice Professor at the Asia School of Business (ASB) in collaboration with MIT Sloan and as a Visiting Professor at Cornell University’s Samuel Curtis Johnson Graduate School of Management. 

He brings extensive experience from renowned institutions, having held positions at Boston University, the National University of Singapore (NUS) Business School, the University of Amsterdam, and Tinbergen Institute.

Beyond the classroom, Professor Cherian has contributed to high-level advisory roles, including working with Singapore’s  Central Provident Fund and the Ministry of Manpower, Bursa Malaysia, and the Mercer-CFA Institute Global Pension Index. 

With deep expertise in investment science, retirement reform, and sustainable investing, Professor Cherian also serves as an academic advisor to Asia Asset Management. In this role, he underscores the need for science-driven economic policies that prioritise climate action.

To move the needle on climate action, mainstream economies need to get in step with climate science. Countries – and the asset management industry – should therefore not lose sight of the substantial economic benefits from investments in decarbonisation. It also means walking the talk. As fiduciaries, asset managers should avoid greenwashing and excessive public relations stunts involving sustainable and net zero investing. – Professor Joseph Cherian[1]

Back to Homeland

Despite a successful international career and tempting offers from global institutions, Professor Cherian, who remains a Malaysian citizen despite leaving the country in 1982, chose to return to Malaysia in 2022, encouraged by his wife, Emma.

It was my wife, who is not even Malaysian, who convinced me to accept the ASB offer to move to KL. She said it was time for me to give back to my country. – Professor Joseph Cherian

While his academic achievements are numerous, his passion for advancing Malaysia’s financial education infrastructure shines brightest. He remains dedicated to nurturing future generations of Malaysians, equipping them with both knowledge and ethical integrity.

Revolutionising Education

He believes that flexibility in education is essential, especially in a world filled with uncertainty. Just as adaptability benefits us in career planning or financial investments, it holds equal importance in education, where the ability to respond to changing circumstances can add significant value.

To make learning more accessible and adaptable, Professor Cherian and his colleagues at the Asia School of Business (ASB) launched a platform called Agile Continuous Education (ACE). Designed to meet the evolving needs of today’s learners, ACE offers online courses that blend flexibility with hands-on learning. 

Students can engage in self-paced video lessons, join live interactive sessions, and work towards professional certificates or even credits that count toward ASB’s MBA or Executive MBA programmes.

For example, a student taking Professor Cherian’s Corporate Finance course can watch pre-recorded lectures at their convenience, attend live online classes for discussions and simulations, and then continue with their day—whether at work or at the park. 

ACE covers a broad range of topics, from Artificial Intelligence and Data Analytics to Sustainable Finance, allowing learners to tailor their education to their career goals.

We hope to ACE continuous education learners’ keen interest in both having flexibility and acquiring high-quality knowledge. This translates to substantial economic value. A classic case of having your cake and eating it, too. – Professor Joseph Cherian

Professor Cherian’s journey from Wall Street to the classroom in Malaysia reflects his dedication to bridging theory and practice for real-world impact. Through his work at the ASB, he is reshaping education to be more flexible and accessible, equipping future leaders to make meaningful change. 

The Asia School of Business (ASB) has launched Agile Continuous Education (ACE), a dynamic series of hybrid courses to keep professionals at the cutting edge. Current offerings include Professional Certifications in AI for Business Leaders and Corporate Finance.
Explore our sources: 
  1. Cherian, J. and Thambiah, Y. Funding Net Zero. Asia Aset Management (June 2022, Vol. 27, No. 6). Link.

Originally published by Wiki Impact .

The Procter & Gamble (P&G) Centre for Sustainable Small-owners (CSS) announced the launch of its latest publication, “Road to Certified Sustainable Palm Oil: A Guide to Continuous Improvement and Yield Intensification,” to share fundamental strategy for smallholder farmers in increasing crop yields, maintaining sustainable farming practices and qualifying for premiums, according to a press statement circulated by CSS on Nov 12.

Malaysia is the second largest palm oil producer globally. There are over 275,000 independent palm oil smallholder farmers in Malaysia, who collectively account for an estimated 17% of total oil palm planted area in the country.

CSS Research indicates that the targeted yield gain of 20-25% is attainable among independent smallholders for oil palm. Guidance and tools can help smallholders and groups maintain their RSPO1 certification and benefit from eligible premiums.

“Achieving the RSPO Independent Smallholder Standard certification is a significant milestone for the independent smallholders in Batu Pahat and Pontian districts (in Johor),” said Dr Asad Ata, Director of CSS, adding that, “CSS has recorded an increase in yield of palm fruit by 20% to 25%. The certified farmers have qualified for premiums over US$90,000 in the past three years.”

Building upon the success of the previous publication in 2023, this guide addresses the critical need for continuous improvement among independent smallholders in the palm oil industry, serving as a valuable resource for smallholder farmers, group managers, farmer associations, Npn-Governmental Organisations (NGO), multinational corporations, technical assistance providers, certification bodies, as well as academia.

CSS is a research centre launched in 2019 by funding from P&G to be housed within the Asia School of Business (ASB). The centre is committed to empowering and improving smallholders’ livelihood through training and implementation of sustainable best agricultural practices in accordance with global standards.

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality consumer brands. The group is praised for its Responsible Palm Sourcing Programme in protecting the environment.

The publication can be accessed at https://publuu.com/flip-book/288834/1496305.

Originally published by Business Today.

Jakarta. Indonesian universities continue to lag behind ASEAN peers in global rankings, with an expert calling for stronger international partnerships and English language training to boost competitiveness.

According to the latest QS World University Rankings 2025, Universitas Indonesia (UI) ranks 206th with a score of 45.7, while the National University of Singapore (NUS) leads the region at 8th globally with a score of 93.7. Singapore’s Nanyang Technological University ranks 15th, and Malaysia’s University of Malaya holds 60th place.

Other Indonesian institutions, including Universitas Gadjah Mada (UGM) at 239th and Institut Teknologi Bandung (ITB) at 256th, remain outside the top 200—a stark contrast to their ASEAN neighbors and a reflection of broader challenges in Indonesia’s higher education system.

Sanjay Sarma, CEO of the Asia School of Business, suggests that closing this gap requires building global partnerships and supporting credit transfers for international studies.

“Strong partnerships, exchange programs, and international internships are critical for raising international awareness,” Sarma told the Jakarta Globe. He also advocated for increased English language training and collaboration projects, even for students who remain in Indonesia.

According to data released by the Educational Testing Service (ETS), Indonesia’s average TOEFL score in 2021 was 489, surpassing Japan (473) and Thailand (440). However, it remains lower than some other Asian countries. The highest average scores were recorded in the Philippines (570), followed by India (559), Malaysia (566), South Korea (509), and Taiwan (489), which is on par with Indonesia.

International engagement brings diverse perspectives, drives research, and fosters an innovative campus culture, Sarma explained. These elements attract high-quality faculty and research opportunities, factors that directly impact global rankings. He recommended research partnerships, joint degree programs, and faculty exchanges.

“Research collaborations could boost publication rates and access to advanced methodologies, while student exchanges expose students to varied educational settings.

According to Sarma, the Indonesian government could play a role in advancing these initiatives by offering scholarships, grants, and simplifying credit transfer processes. Policies to support international partnerships and English-language training would better prepare students for an interconnected job market.

With growing demand for skills in AI, data science, and cross-cultural communication, Sarma said that cross-border programs provide Indonesian students with valuable technical expertise and adaptability, giving them an edge in the global workforce.

He stated that countries like Singapore and Malaysia have enhanced their academic standings through international partnerships and English-language programs. Expanding international exposure for students and faculty, Sarma said, will be essential for Indonesia to achieve regional and global competitiveness.

Originally published by Jakarta Globe.