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After the Ministry of Education approved the use of Kurikulum Berbasis Kompetensi (Competency-Based Curriculum) in Indonesia, the grade point range was changed to a 0-100 scale. However, the passing score differs between one subject and another.
In 1988, UGM opened a master's programme in management (MM-UGM), to train students in business practices. The program is a collaboration with the University of Kentucky and Temple University . The Faculty of Economics and Business UGM is ranked among 5% of the world's best business schools after it received an international Association to ...