Prof. Dr. Muhammad Madyan, S.E., M.Si., M.Fin. serves as the Rector of Universitas Airlangga for the 2025–2030 term. In addition to his role as Rector, Prof. Madyan remains actively involved in the Faculty of Economics and Business (FEB) Universitas Airlangga, where he conducts research in the fields of management and finance. Several of his studies have received funding from IPKI, including “Investment Myopia: Experienced Manager Age and Long-Term Investment Distortion” and “Corporate Ownership Structure and Stock Liquidity of Sharia and Non-Sharia Stocks in Indonesia.”

Prof. Madyan previously served as Director of Finance from 2014 to 2015, before continuing his service as Vice Rector for Resources until 2025.

As an academic, Prof. Madyan has actively contributed to the publication of scientific research in both national and international journals. Between 2018 and 2019, he published approximately 29 articles and achieved an H-index of 16. His publications include “The Impact of Public Ownership and Share Warrants on Market Performance of IPOs: Evidence from the Indonesian Stock Exchange (IDX)” (2020), “Governance in a Village Fund Program in East Java, Indonesia” (2020), and “Inversed Illiquidity and Corporate Investment on the Indonesian Stock Exchange’s Kompas 100 Index” (2020).

In recognition of his service and contributions, Prof. Madyan received the Satyalancana Karya Satya X award from the President of the Republic of Indonesia in 2014.

Areas of Expertise: Management, Finance