Indonesian State College of Accountancy

Indonesian State College of Accountancy
Sekolah Tinggi Akuntansi Negara
Motto Nagara Dana Rakca (Sanskrit)
Motto in English "Guardian of State Finance"
Established 1964
Type Government-affiliated college
Director Kusmanadji
Location Tangerang, Banten, Indonesia
Campus Suburban - Bintaro Sector V
Affiliations Ministry of Finance of Indonesia
Website www.stan.ac.id

The Indonesian State College of Accountancy (known as Sekolah Tinggi Akuntansi Negara or STAN in Indonesian), is one of government-affiliated college in Indonesia, located in Banten, in Bintaro Sector V Tangerang. It offers undergraduate degrees in finance. The curriculum is focused in public finance, with a special emphasis in government policy and regulation. Upon completion of their study, STAN graduates serve in various government institutions in Indonesia. STAN current director is Kusmanadji.

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Government affiliation

STAN is a government-affiliated college. It means that the college is administered and funded by the government of Indonesia through the institution it affiliated to. The government institution affiliated to STAN is the Ministry of Finance of Indonesia. This affiliation with the government resulted in no admission fees charged to the students of the college. In return, the graduates of the college are obliged to serve in various government institutions in Indonesia. The Ministry of Finance of Indonesia gets the largest number of graduates every year. The other government institutions get a portion of the college graduates allocation are the Audit Board of the Republic of Indonesia and the Financial and Development Supervisory Board of Indonesia. In previous years, there is a record of allocation of graduates to the Ministry of State-Owned Enterprise of Indonesia.

Academic programs

STAN has two undergraduate programs, Diploma I (D-I) and Diploma III (D-III), and Diploma IV (D-IV) in finance. These programs are tailored to create professionals in government finance. Therefore, the courses in the college are a combination of economics, law, and public administration. Every year, the students in STAN are evaluated. They have to achieve a minimum grade point average (GPA) of 2.75 out of 4.0. Should the students fail to achieve it, they will be dropped out of the college.

Diploma I (D-I) in Finance

Diploma I (D-I) in Finance is a one-year program intended to create professionals with specific skills needed in government sector. The program consists of 50 credits with three areas of specialization:

Diploma III (D-III) in Finance

Diploma III (D-III) in Finance is a three-year program intended to create professionals with specific skills needed in government sector. The program consists of 120 credits with six areas of specialization:

Since the students are intended to serve in government institutions upon completion of their study, the courses taught in the program are emphasized in public sector, especially in government sector. However, the curriculum also includes accounting in private sector to enrich knowledge of the students. Upon graduation, the students receive Ahli Madya (A.Md), a professional degree in Indonesia.

For the D-I program, you can continue to D-III program after working for two years in the government institutions (ministry of finance); students graduated from D-I program can only major to D-III program for specialization in accounting.

Diploma IV (D-IV) in Finance

Diploma IV (D-IV) in Finance is a two-year program that can only be taken after students finish the D-III program. The program has one area of specialization in accounting. Prospective students graduated from D-III program with specialization other than accounting have to conduct an additional semester of matriculation courses. The majority of the students admitted in the D-IV program have professional work experience in government institutions. Therefore, the class discussions are often discuss about cases found at the students working environment. Upon graduation, the students receive Sarjana Sains Terapan (S.S.T.), a professional degree equivalent with bachelor's degree in Indonesia.

Admissions

Admission to STAN's D-III program is open to high school graduates. The general requirement is the applicants graduated from high school in no more than three years before the admission year. The applicants have to pass the intake examination. Admission to the D-III program is extremely competitive. In average every year, the college receives no less than 85,000 applications and accepts only around 1,300 to 1,500 students (1.5%–1.8%). This means at least 57 people fought for each place, which is one of the highest ratios of any higher education institution in Indonesia. Due to the selectivity of the school, most STAN students arrive at the school with significantly higher grades.

Admission to STAN's D-IV program can only be done by prospective students who have completed the D-III program. There are two paths to be admitted in D-IV program:

Student life

STAN students came from diverse areas of Indonesia. The diversity of the students make it common to hear local dialects being practiced in the campus. The population of students from the same areas usually form a group based on their hometown. This group sometimes arranged activities together, either academic or non-academic activities.

The college does not provide campus housings or dormitories, so the students usually rent a room or a house nearby the campus. There are many rooms and houses available for rent by the students in the campus areas.

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