The Faculty of Economics and Business was initially established in Banda Aceh. In 1961, Universitas Sumatera Utara opened the Faculty of Economics, which was located in Medan. The establishment was formalized through the Decree of the Minister of Higher Education of the Republic of Indonesia No. 64/1961 dated November 24, 1961.
In 1975, the Medan Academy of Business Administration (AAN) was transferred to the Corporate Administration Education Program (PPAP) based on the Decree of the Minister of Education and Culture of the Republic of Indonesia No. 42/U/1975 dated March 13, 1975. Subsequently, based on the Rector’s Decree of Universitas Sumatera Utara No. 309/UN5.1.R/SK/KPM/2014 dated February 19, 2014, the name “Faculty of Economics” was changed to the “Faculty of Economics and Business (FEB USU).”
In relation to reforms implemented in higher education through the Director General of Higher Education Decrees No. 23/Dikti/Kep/1987 and No. 26/Dikti/Kep/1987, as well as the Rector’s Decree of Universitas Sumatera Utara No. 568/PTO5.H/SK/Q87 dated August 19, 1987, a formal handover took place on September 14, 1987, from the Director of the Corporate Administration Education Program (PAP USU) to the Dean of the Faculty of Economics at Universitas Sumatera Utara. Following this handover, the name “Corporate Administration Expert Education Program (PAAP USU)” was changed to the Diploma III Program of the Faculty of Economics at Universitas Sumatera Utara.
History
1959
The Faculty of Economics was first established in Kutaraja and was inaugurated by the President of the Republic of Indonesia, Dr. Ir. Soekarno. The Faculty of Economics in Kutaraja later became part of Universitas Syiah Kuala in Banda Aceh
1961
The Faculty of Economics at USU in Medan was initially opened with three study programs, such as Development Economics, Accounting, and Management.
1972
Inauguration of the Old Lecture Building by the Rector of USU, Harry Suwondo, S.H.
Faculty Leaders
Dr. Abdillah Arif Nasution, SE., M.Si. Ak, CA., QGIA, CHRS
Dean
of Faculty of Economics and Business
Vision and Mission
Vision
To become a leading Faculty of Economics and Business, recognized for excellence and capable of meeting market demands in a global competitive environment.
Mission
- To serve as a platform for developing character and professionalism among human resources through a high-quality and integrated educational process, grounded in the empowerment of democratic values, oriented toward solving current issues, and producing graduates with superior and competitive competencies and expertise.
- To cultivate a measurable and dynamic culture of research and community service among the entire academic community as an effort to create meaningful contributions that drive positive changes in society.
- To increase the quantity and quality of graduates who are prepared to become agents of change, bringing renewal to society through strong academic competence, high competitiveness, and conduct that reflects intellectual integrity and ethical values.
- To develop the Faculty of Economics and Business at Universitas Sumatera Utara into a place for achievement and contribution, and one that excels in global competition.
Human Resources
Lecturer
Other LecturerEducation Personnel
Other Education PersonnelOur Facilities
The Faculty of Economics and Business at USU provides comprehensive facilities to support research activities and practical training. The faculty also offers well-equipped lecture buildings and a range of supporting amenities to ensure an optimal academic learning environment for students.
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Transit Room
The transit room is located inside the FEB Dean's Office. This room is used as a waiting room for guests.
Smart Classroom
Smart Classroom is a class facilitated with SmartTV, Microphone, and AC. Lecture activities carried out in this class utilise this technology.
Ramp and Disability Parking
Ramp and Disability Parking is a special parking area for people with disabilities and wheelchair users. Its design is disability-friendly, including ramps that facilitate wheelchair access, wider parking spaces, and wider distances between vehicles.
Vehicle Parking Area
A vehicle parking area is provided to organize and safely park vehicles, both two-wheeled and four-wheeled. This parking area is equipped with road markings, traffic signs, and lighting systems to facilitate drivers' parking.