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Journal : Indonesian Development Economics and Localities

Global Issues in Budgeting and Financing Systems (RM, BLU, and UKT) for World-Class Education: A Case Study at UIN SUKA Yogyakarta Wardatul Jannah; Kaspul Anwar Us; Fridiyanto
Indonesian Development Economics and Localities Vol. 1 No. 2 (2025): July-December
Publisher : Future Techno-Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/3cwp9476

Abstract

Higher education institutions today are not only centers of knowledge development but also expected to meet international standards as World Class Universities (WCU). One major challenge in achieving this status lies in the effective, transparent, and output-oriented management of budgeting and financing systems. UIN Sunan Kalijaga Yogyakarta, in its effort to become a World Class Education (WCE) institution, faces significant global pressures such as declining state budget allocations, international accreditation demands, increasing PhD faculty ratios, and the need for campus expansion. This study aims to examine how budgeting and financing systems—Rupiah Murni (RM), Public Service Agency (BLU), and Single Tuition Fee (UKT)—are implemented, the global issues influencing higher education financing, and how these systems support institutional transformation. Using a qualitative descriptive approach and case study method, the research reveals that UIN Sunan Kalijaga adopts a hybrid financing model combining state funds, institutional revenues, and student contributions. The BLU system grants financial flexibility through service income and asset optimization, while UKT is managed transparently to ensure affordability. However, global issues such as funding cuts, education inflation, and dependency on government-issued Islamic bonds (SBSN) pose ongoing challenges. In this context, financial systems become critical drivers for improving infrastructure, academic quality, and global engagement. Initiatives like endowment fund development signal a strategic shift toward long-term financial sustainability. Ultimately, budgeting and financing serve not only administrative functions but also act as key catalysts in achieving WCU standards.
Global Issues in Digital-Based Education Marketing for World Class Education at Universitas Internasional Batam Agung Setiabudi; Kasful Anwar Us; Fridiyanto; Sri Kadarsih
Indonesian Development Economics and Localities Vol. 1 No. 3 (2025): Regional Disparities and Development Policy: Evidence from Indonesian Localitie
Publisher : Future Techno-Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/bdarhf46

Abstract

This study explores the global digital marketing strategies implemented by Universitas Internasional Batam (UIB) in its pursuit of World Class Education (WCE). Employing a qualitative descriptive approach, the research analyzes UIB’s efforts to expand its international reach through multilingual website development, participation in global mobility programs such as Erasmus and AIESEC, and active digital campaigns across social media platforms. Findings reveal key challenges including limited multilingual content, insufficient digital marketing infrastructure and human resources, and a lack of differentiated international academic programs and sustainable collaborations. Despite these challenges, UIB demonstrates strategic progress through capacity-building initiatives, accreditation efforts, and enhanced global partnerships. The study highlights the importance of integrating digital innovation with local cultural values (glocalization), strengthening international academic networks, and adopting data-driven marketing approaches. The results provide valuable insights for higher education institutions aiming to compete effectively in the increasingly globalized digital education market.
Leadership and International Collaboration of Institutions Toward World Class Education Fahrizal Nover; Kasful Anwar Us; Fridiyanto
Indonesian Development Economics and Localities Vol. 1 No. 3 (2025): Regional Disparities and Development Policy: Evidence from Indonesian Localitie
Publisher : Future Techno-Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/b6s7cw06

Abstract

In the era of globalization and increasing competition among higher education institutions, Universitas Negeri Jakarta (UNJ) is striving to achieve the status of a World Class Education (WCE) institution. This study aims to explore how leadership and international collaboration at both institutional and human resource levels contribute to the realization of WCE at UNJ. Utilizing a qualitative descriptive approach, data were collected through in-depth interviews with university leaders, international office staff, and academic personnel, alongside analysis of institutional documents. The findings reveal that visionary, transformational, and distributed leadership plays a crucial role in fostering internationalization strategies, including academic mobility, global research partnerships, and cross-border curriculum development. However, the study also identifies significant challenges such as limited institutional synergy, inadequate international literacy among staff, and underdeveloped monitoring systems for sustainable collaboration. The research emphasizes the need for integrated leadership models and systematic human resource development to enhance global competitiveness. Ultimately, the synergy between effective leadership and strategic international cooperation is essential for positioning UNJ as a globally recognized university.