76 Best Business schools in Indonesia

Updated: March 02, 2025

Ranking by academic field

Below is a list of best universities in Indonesia ranked based on their research performance in Business. A graph of 1.15M citations received by 296K academic papers made by 76 universities in Indonesia was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.

We don't distinguish between undergraduate and graduate programs nor do we adjust for current majors offered. You can find information about granted degrees on a university page but always double-check with the university website.

1. University of Indonesia

Indonesia | Depok

For Business

#61 in Asia

#351 in the World

Acceptance Rate: 8%
Enrollment: 46,978
Founded: 1950

2. Udayana University

Indonesia | Badung

For Business

#89 in Asia

#450 in the World

Acceptance Rate: 74%
Founded: 1962

3. Diponegoro University

Indonesia | Semarang

For Business

#104 in Asia

#503 in the World

Acceptance Rate: 10%
Enrollment: 38,503
Founded: 1957

4. Bandung Institute of Technology

Indonesia | Bandung

For Business

#113 in Asia

#533 in the World

Acceptance Rate: 8%
Enrollment: 23,848
Founded: 1959

5. Brawijaya University

Indonesia | Malang

For Business

#116 in Asia

#539 in the World

Acceptance Rate: 10%
Enrollment: 13,927
Founded: 1963

6. Bina Nusantara University

Indonesia | Jakarta

For Business

#124 in Asia

#581 in the World

Acceptance Rate: 75%
Founded: 1981

7. Gadjah Mada University

Indonesia | Sleman

For Business

#125 in Asia

#586 in the World

Acceptance Rate: 10%
Founded: 1949

8. Airlangga University

Indonesia | Surabaya

For Business

#128 in Asia

#611 in the World

Acceptance Rate: 10%
Founded: 1954

9. Telkom University

Indonesia | Bandung

For Business

#130 in Asia

#617 in the World

Acceptance Rate: 10%
Founded: 2013

10. Sebelas Maret University

Indonesia | Surakarta

For Business

#143 in Asia

#670 in the World

Acceptance Rate: 10%
Founded: 1976

11. Padjadjaran University

Indonesia | Sumedang

For Business

#155 in Asia

#729 in the World

Acceptance Rate: 10%
Enrollment: 41,412
Founded: 1957

12. State University of Malang

Indonesia | Malang

For Business

#166 in Asia

#770 in the World

Acceptance Rate: 10%
Founded: 1954

13. Bogor Agricultural University

Indonesia | Bogor

For Business

#169 in Asia

#780 in the World

Founded: 1963

14. State University of Semarang

Indonesia | Semarang

For Business

#171 in Asia

#783 in the World

Acceptance Rate: 90%
Founded: 1965

15. Tarumanagara University

Indonesia | West Jakarta

For Business

#177 in Asia

#801 in the World

Founded: 1959

16. Trisakti University

Indonesia | Jakarta

For Business

#183 in Asia

#814 in the World

Acceptance Rate: 65%
Founded: 1965

17. Indonesia University of Education

Indonesia | Bandung

For Business

#188 in Asia

#831 in the World

Acceptance Rate: 10%
Founded: 1954

18. State University of Padang

Indonesia | Padang

For Business

#189 in Asia

#832 in the World

Acceptance Rate: 10%
Founded: 1997

19. Mercu Buana University

Indonesia | Jakarta

For Business

#191 in Asia

#838 in the World

Acceptance Rate: 41%
Founded: 1985

20. State University of Surabaya

Indonesia | Surabaya

For Business

#232 in Asia

#954 in the World

Acceptance Rate: 10%
Founded: 1964

21. University of North Sumatra

Indonesia | Medan

For Business

#233 in Asia

#960 in the World

Acceptance Rate: 90%
Founded: 1952

22. Sepuluh Nopember Institute of Technology

Indonesia | Surabaya

For Business

#234 in Asia

#962 in the World

Acceptance Rate: 10%
Enrollment: 17,625
Founded: 1960

23. Islamic University of Indonesia

Indonesia | Sleman

For Business

#265 in Asia

#1044 in the World

Acceptance Rate: 15%
Founded: 1945

24. Syiah Kuala University

Indonesia | Banda Aceh

For Business

#272 in Asia

#1058 in the World

Acceptance Rate: 46%
Founded: 1961

25. Hasanuddin University

Indonesia | Makassar

For Business

#283 in Asia

#1096 in the World

Acceptance Rate: 8%
Founded: 1956

26. Sriwijaya University

Indonesia | Palembang

For Business

#312 in Asia

#1171 in the World

Acceptance Rate: 11%
Founded: 1960

27. State University of Yogyakarta

Indonesia | Sleman

For Business

#316 in Asia

#1177 in the World

Acceptance Rate: 10%
Founded: 1964

28. Muhammadiyah University of Yogyakarta

Indonesia | Bantul

For Business

#318 in Asia

#1183 in the World

Acceptance Rate: 38%
Founded: 1981

29. Mulawarman University

Indonesia | Samarinda

For Business

#334 in Asia

#1225 in the World

Enrollment: 35,268
Founded: 1962

30. Lampung University

Indonesia | Bandar Lampung

For Business

#346 in Asia

#1265 in the World

Acceptance Rate: 10%
Founded: 1965

31. Petra Christian University

Indonesia | Surabaya

For Business

#350 in Asia

#1276 in the World

Founded: 1961

32. Sam Ratulangi University

Indonesia | Manado

For Business

#353 in Asia

#1282 in the World

Acceptance Rate: 24%
Founded: 1965

33. Pelita Harapan University

Indonesia | Tangerang

For Business

#354 in Asia

#1284 in the World

Acceptance Rate: 20%
Enrollment: 14,564
Founded: 1994

34. Andalas University

Indonesia | Padang

For Business

#357 in Asia

#1287 in the World

Acceptance Rate: 49%
Founded: 1956

35. University of Mataram

Indonesia | Mataram

For Business

#375 in Asia

#1329 in the World

Acceptance Rate: 15%
Founded: 1962

36. Satya Wacana Christian University

Indonesia | Salatiga

For Business

#382 in Asia

#1339 in the World

Acceptance Rate: 30%
Founded: 1956

37. Jambi University

Indonesia | Jambi

For Business

#392 in Asia

#1361 in the World

Acceptance Rate: 80%
Founded: 1963

38. University of Riau

Indonesia | Pekanbaru

For Business

#399 in Asia

#1381 in the World

Acceptance Rate: 41%
Founded: 1962

39. Syarif Hidayatullah State Islamic University Jakarta

Indonesia | South Tangerang

For Business

#439 in Asia

#1462 in the World

Acceptance Rate: 15%
Enrollment: 31,643
Founded: 1957

40. Jenderal Soedirman University

Indonesia | Banyumas

For Business

#444 in Asia

#1471 in the World

Founded: 1963

41. State Islamic University of Yogyakarta

Indonesia | Sleman

For Business

#446 in Asia

#1477 in the World

Founded: 2004

42. Ahmad Dahlan University

Indonesia | Yogyakarta

For Business

#453 in Asia

#1492 in the World

Acceptance Rate: 73%
Founded: 1994

43. State University of Medan

Indonesia | Medan

For Business

#490 in Asia

#1574 in the World

Acceptance Rate: 9%
Founded: 1963

44. State University of Makassar

Indonesia | Makassar

For Business

#491 in Asia

#1577 in the World

Acceptance Rate: 10%
Founded: 1964

45. University of Bengkulu

Indonesia | Bengkulu

For Business

#495 in Asia

#1584 in the World

Acceptance Rate: 80%
Founded: 1982

46. University of Surabaya

Indonesia | Surabaya

For Business

#496 in Asia

#1585 in the World

Founded: 1968

47. Lambung Mangkurat University

Indonesia | Banjarmasin

For Business

#551 in Asia

#1721 in the World

Founded: 1958

48. Maulana Malik Ibrahim State Islamic University of Malang

Indonesia | Malang

For Business

#633 in Asia

#1884 in the World

Acceptance Rate: 15%
Founded: 2004

49. Tanjungpura University

Indonesia | Pontianak

For Business

#639 in Asia

#1918 in the World

Founded: 1963

50. National University, Indonesia

Indonesia | Jakarta

For Business

#661 in Asia

#1961 in the World

Founded: 1949

51. President University

Indonesia | Jababeka

For Business

#684 in Asia

#1996 in the World

Acceptance Rate: 10%
Founded: 2004

52. Parahyangan Catholic University

Indonesia | Bandung

For Business

#719 in Asia

#2069 in the World

Acceptance Rate: 20%
Founded: 1955

53. Atma Jaya Catholic University of Indonesia

Indonesia | Jakarta

For Business

#731 in Asia

#2090 in the World

Acceptance Rate: 30%
Founded: 1960

54. Halu Oleo University

Indonesia | Kendari

For Business

#765 in Asia

#2156 in the World

Enrollment: 25,032
Founded: 1981

55. Tadulako University

Indonesia | Palu

For Business

#839 in Asia

#2326 in the World

Acceptance Rate: 10%
Founded: 1981

56. University Putra Indonesia of Padang Yptk

Indonesia | Padang

For Business

#843 in Asia

#2333 in the World

Enrollment: 11,000
Founded: 2001

57. Maranatha Christian University

Indonesia | Bandung

For Business

#872 in Asia

#2385 in the World

Acceptance Rate: 10%
Founded: 1965

58. Widya Mandala Catholic University of Surabaya

Indonesia | Surabaya

For Business

#916 in Asia

#2471 in the World

Acceptance Rate: 78%
Founded: 1960

59. Pakuan University

Indonesia | Bogor

For Business

#957 in Asia

#2564 in the World

Acceptance Rate: 69%
Founded: 1980

60. Wijaya Putra University

Indonesia | Surabaya

For Business

#960 in Asia

#2571 in the World

Founded: 1981

61. Christian University of Indonesia

Indonesia | Jakarta

For Business

#1008 in Asia

#2673 in the World

Acceptance Rate: 50%
Founded: 1953

62. Soegijapranata Catholic University

Indonesia | Semarang

For Business

#1063 in Asia

#2776 in the World

Acceptance Rate: 79%
Founded: 1964

63. University of Palangka Raya

Indonesia | Palangka Raya

For Business

#1158 in Asia

#2979 in the World

Founded: 1963

64. Nusa Cendana University

Indonesia | Kupang

For Business

#1178 in Asia

#3021 in the World

Founded: 1962

65. University of Bangka Belitung

Indonesia | Pangkalpinang

For Business

#1189 in Asia

#3042 in the World

Acceptance Rate: 12%
Founded: 2006

66. Sanata Dharma University

Indonesia | Sleman

For Business

#1281 in Asia

#3252 in the World

Acceptance Rate: 29%
Founded: 1955

67. Nommensen HKBP University

Indonesia | Medan

For Business

#1293 in Asia

#3279 in the World

Founded: 1954

68. Duta Wacana Christian University

Indonesia | Yogyakarta

For Business

#1309 in Asia

#3314 in the World

Acceptance Rate: 83%
Founded: 1985

69. Bakrie University

Indonesia | Jakarta

For Business

#1382 in Asia

#3465 in the World

Acceptance Rate: 92%
Founded: 2009

70. YARSI University

Indonesia | Jakarta

For Business

#1393 in Asia

#3493 in the World

Acceptance Rate: 10%
Founded: 1967

71. Widya Gama University

Indonesia | Malang

For Business

#1417 in Asia

#3539 in the World

Founded: 1985

72. Swiss German University

Indonesia | Tangerang

For Business

#1577 in Asia

#3906 in the World

Acceptance Rate: 69%
Enrollment: 1,368
Founded: 2000

73. University of AMIKOM Yogyakarta

Indonesia | Sleman

For Business

#1621 in Asia

#4008 in the World

Enrollment: 9,928
Founded: 2010

74. State University of Papua

Indonesia | Manokwari

For Business

#1866 in Asia

#4556 in the World

Founded: 2000

75. Gunadarma University

Indonesia | Depok

For Business

#2078 in Asia

#5032 in the World

Acceptance Rate: 10%
Enrollment: 41,406
Founded: 1981

76. Surya University

Indonesia | Tangerang

For Business

#2080 in Asia

#5036 in the World

Acceptance Rate: 10%
Enrollment: 3,000
Founded: 2013

The best cities to study Business in Indonesia based on the number of universities and their ranks are Depok, Badung, Semarang, and Bandung.