73 Best universities for Finance in Indonesia

Updated: March 15, 2026

Ranking by academic field

Below is a list of best universities in Indonesia ranked based on their research performance in Finance. A graph of 442K citations received by 102K academic papers made by 73 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 Finance

#39 in Asia

#271 in the World

Acceptance Rate: 8%
Founded: 1950

2. Udayana University

Indonesia | Badung

For Finance

#55 in Asia

#326 in the World

Acceptance Rate: 74%
Founded: 1962

3. Diponegoro University

Indonesia | Semarang

For Finance

#78 in Asia

#434 in the World

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

4. Airlangga University

Indonesia | Surabaya

For Finance

#82 in Asia

#442 in the World

Acceptance Rate: 10%
Founded: 1954

5. Trisakti University

Indonesia | Jakarta

For Finance

#96 in Asia

#501 in the World

Acceptance Rate: 65%
Founded: 1965

6. Bandung Institute of Technology

Indonesia | Bandung

For Finance

#98 in Asia

#506 in the World

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

7. Brawijaya University

Indonesia | Malang

For Finance

#107 in Asia

#543 in the World

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

8. Bina Nusantara University

Indonesia | Jakarta

For Finance

#114 in Asia

#572 in the World

Acceptance Rate: 75%
Founded: 1981

9. State University of Semarang

Indonesia | Semarang

For Finance

#115 in Asia

#574 in the World

Acceptance Rate: 90%
Founded: 1965

10. Tarumanagara University

Indonesia | West Jakarta

For Finance

#121 in Asia

#591 in the World

Founded: 1959

11. Sebelas Maret University

Indonesia | Surakarta

For Finance

#122 in Asia

#595 in the World

Acceptance Rate: 10%
Founded: 1976

12. Gadjah Mada University

Indonesia | Sleman

For Finance

#123 in Asia

#597 in the World

Acceptance Rate: 10%
Founded: 1949

13. Telkom University

Indonesia | Bandung

For Finance

#126 in Asia

#617 in the World

Acceptance Rate: 10%
Founded: 2013

14. Padjadjaran University

Indonesia | Sumedang

For Finance

#128 in Asia

#622 in the World

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

15. Bogor Agricultural University

Indonesia | Bogor

For Finance

#138 in Asia

#674 in the World

Founded: 1963

16. University of North Sumatra

Indonesia | Medan

For Finance

#168 in Asia

#774 in the World

Acceptance Rate: 90%
Founded: 1952

17. State University of Padang

Indonesia | Padang

For Finance

#172 in Asia

#778 in the World

Acceptance Rate: 10%
Founded: 1997

18. Mercu Buana University

Indonesia | Jakarta

For Finance

#176 in Asia

#786 in the World

Acceptance Rate: 41%
Founded: 1985

19. State University of Malang

Indonesia | Malang

For Finance

#203 in Asia

#865 in the World

Acceptance Rate: 10%
Founded: 1954

20. Sam Ratulangi University

Indonesia | Manado

For Finance

#206 in Asia

#869 in the World

Acceptance Rate: 24%
Founded: 1965

21. State University of Surabaya

Indonesia | Surabaya

For Finance

#207 in Asia

#879 in the World

Acceptance Rate: 10%
Founded: 1964

22. Mulawarman University

Indonesia | Samarinda

For Finance

#214 in Asia

#906 in the World

Enrollment: 35,268
Founded: 1962

23. Islamic University of Indonesia

Indonesia | Sleman

For Finance

#218 in Asia

#928 in the World

Acceptance Rate: 15%
Founded: 1945

24. Indonesia University of Education

Indonesia | Bandung

For Finance

#224 in Asia

#947 in the World

Acceptance Rate: 10%
Founded: 1954

25. Syiah Kuala University

Indonesia | Banda Aceh

For Finance

#231 in Asia

#963 in the World

Acceptance Rate: 46%
Founded: 1961

26. Sriwijaya University

Indonesia | Palembang

For Finance

#240 in Asia

#992 in the World

Acceptance Rate: 11%
Founded: 1960

27. Lampung University

Indonesia | Bandar Lampung

For Finance

#241 in Asia

#993 in the World

Acceptance Rate: 10%
Founded: 1965

28. Hasanuddin University

Indonesia | Makassar

For Finance

#266 in Asia

#1055 in the World

Acceptance Rate: 8%
Founded: 1956

29. Jambi University

Indonesia | Jambi

For Finance

#278 in Asia

#1092 in the World

Acceptance Rate: 80%
Founded: 1963

30. Sepuluh Nopember Institute of Technology

Indonesia | Surabaya

For Finance

#285 in Asia

#1121 in the World

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

31. Satya Wacana Christian University

Indonesia | Salatiga

For Finance

#293 in Asia

#1139 in the World

Acceptance Rate: 30%
Founded: 1956

32. Muhammadiyah University of Yogyakarta

Indonesia | Bantul

For Finance

#298 in Asia

#1148 in the World

Acceptance Rate: 38%
Founded: 1981

33. Andalas University

Indonesia | Padang

For Finance

#324 in Asia

#1207 in the World

Acceptance Rate: 49%
Founded: 1956

34. Jenderal Soedirman University

Indonesia | Banyumas

For Finance

#330 in Asia

#1218 in the World

Founded: 1963

35. University of Mataram

Indonesia | Mataram

For Finance

#337 in Asia

#1235 in the World

Acceptance Rate: 15%
Founded: 1962

36. University of Surabaya

Indonesia | Surabaya

For Finance

#340 in Asia

#1240 in the World

Founded: 1968

37. State Islamic University of Yogyakarta

Indonesia | Sleman

For Finance

#342 in Asia

#1243 in the World

Founded: 2004

38. Syarif Hidayatullah State Islamic University Jakarta

Indonesia | South Tangerang

For Finance

#343 in Asia

#1245 in the World

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

39. University of Riau

Indonesia | Pekanbaru

For Finance

#361 in Asia

#1305 in the World

Acceptance Rate: 41%
Founded: 1962

40. State University of Yogyakarta

Indonesia | Sleman

For Finance

#375 in Asia

#1335 in the World

Acceptance Rate: 10%
Founded: 1964

41. Petra Christian University

Indonesia | Surabaya

For Finance

#408 in Asia

#1413 in the World

Founded: 1961

42. Lambung Mangkurat University

Indonesia | Banjarmasin

For Finance

#420 in Asia

#1434 in the World

Founded: 1958

43. University of Bengkulu

Indonesia | Bengkulu

For Finance

#428 in Asia

#1454 in the World

Acceptance Rate: 80%
Founded: 1982

44. State University of Medan

Indonesia | Medan

For Finance

#437 in Asia

#1467 in the World

Acceptance Rate: 9%
Founded: 1963

45. Pelita Harapan University

Indonesia | Tangerang

For Finance

#458 in Asia

#1523 in the World

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

46. State University of Makassar

Indonesia | Makassar

For Finance

#483 in Asia

#1577 in the World

Acceptance Rate: 10%
Founded: 1964

47. Maulana Malik Ibrahim State Islamic University of Malang

Indonesia | Malang

For Finance

#493 in Asia

#1594 in the World

Acceptance Rate: 15%
Founded: 2004

48. Ahmad Dahlan University

Indonesia | Yogyakarta

For Finance

#496 in Asia

#1598 in the World

Acceptance Rate: 73%
Founded: 1994

49. Parahyangan Catholic University

Indonesia | Bandung

For Finance

#508 in Asia

#1625 in the World

Acceptance Rate: 20%
Founded: 1955

50. Atma Jaya Catholic University of Indonesia

Indonesia | Jakarta

For Finance

#514 in Asia

#1640 in the World

Acceptance Rate: 30%
Founded: 1960

51. Tanjungpura University

Indonesia | Pontianak

For Finance

#548 in Asia

#1705 in the World

Founded: 1963

52. National University, Indonesia

Indonesia | Jakarta

For Finance

#599 in Asia

#1824 in the World

Founded: 1949

53. Halu Oleo University

Indonesia | Kendari

For Finance

#642 in Asia

#1912 in the World

Enrollment: 25,032
Founded: 1981

54. Maranatha Christian University

Indonesia | Bandung

For Finance

#687 in Asia

#2022 in the World

Acceptance Rate: 10%
Founded: 1965

55. President University

Indonesia | Jababeka

For Finance

#704 in Asia

#2049 in the World

Acceptance Rate: 10%
Founded: 2004

56. Tadulako University

Indonesia | Palu

For Finance

#811 in Asia

#2229 in the World

Acceptance Rate: 10%
Founded: 1981

57. Wijaya Putra University

Indonesia | Surabaya

For Finance

#821 in Asia

#2253 in the World

Founded: 1981

58. University Putra Indonesia of Padang Yptk

Indonesia | Padang

For Finance

#822 in Asia

#2256 in the World

Enrollment: 11,000
Founded: 2001

59. Widya Mandala Catholic University of Surabaya

Indonesia | Surabaya

For Finance

#914 in Asia

#2473 in the World

Acceptance Rate: 78%
Founded: 1960

60. Soegijapranata Catholic University

Indonesia | Semarang

For Finance

#949 in Asia

#2540 in the World

Acceptance Rate: 79%
Founded: 1964

61. University of Bangka Belitung

Indonesia | Pangkalpinang

For Finance

#952 in Asia

#2547 in the World

Acceptance Rate: 12%
Founded: 2006

62. Pakuan University

Indonesia | Bogor

For Finance

#972 in Asia

#2599 in the World

Acceptance Rate: 69%
Founded: 1980

63. Christian University of Indonesia

Indonesia | Jakarta

For Finance

#978 in Asia

#2612 in the World

Acceptance Rate: 50%
Founded: 1953

64. Nusa Cendana University

Indonesia | Kupang

For Finance

#1080 in Asia

#2790 in the World

Founded: 1962

65. University of Palangka Raya

Indonesia | Palangka Raya

For Finance

#1112 in Asia

#2867 in the World

Founded: 1963

66. Nommensen HKBP University

Indonesia | Medan

For Finance

#1128 in Asia

#2898 in the World

Founded: 1954

67. YARSI University

Indonesia | Jakarta

For Finance

#1204 in Asia

#3057 in the World

Acceptance Rate: 10%
Founded: 1967

68. Sanata Dharma University

Indonesia | Sleman

For Finance

#1287 in Asia

#3238 in the World

Acceptance Rate: 29%
Founded: 1955

69. Duta Wacana Christian University

Indonesia | Yogyakarta

For Finance

#1312 in Asia

#3287 in the World

Acceptance Rate: 83%
Founded: 1985

70. Widya Gama University

Indonesia | Malang

For Finance

#1460 in Asia

#3591 in the World

Founded: 1985

71. Swiss German University

Indonesia | Tangerang

For Finance

#1497 in Asia

#3679 in the World

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

72. Bakrie University

Indonesia | Jakarta

For Finance

#1583 in Asia

#3868 in the World

Acceptance Rate: 92%
Founded: 2009

73. State University of Papua

Indonesia | Manokwari

For Finance

#1729 in Asia

#4196 in the World

Founded: 2000

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

Economics subfields in Indonesia

Actuarial Science43

Agricultural Economics44

Development Studies74

Econometrics and Mathematical Economics64

Environmental Economics30

International Economics22

International Relations and Diplomacy25

International Trade28

Investment Banking and Stock trading67

Political Economy18