Prof. Dr. Muhammad Madyan, S.E., M.Si., M.Fin. is the Rector for the 2025-2030 period. In addition to his role as rector, Prof. Madyan is also active in the Faculty of Economics and Business (FEB) at Universitas Airlangga and conducts research. Some of his research projects received funding from IPKI, including “Myopia in investment: Experienced managers’ age and long-term investment distortion” and “Corporate ownership structure and liquidity of sharia and non-sharia stocks: Indonesia.”
Prof. Madyan previously served as the Director of Finance from 2014-2015. He then continued as Vice Rector for Resources until 2025.
As an academic, Prof. Madyan actively contributes to the process of preparing scientific publications, both national and international. From 2018-2019, Madyan successfully published approximately 29 articles with an H-index of 16. Some of these include “The impact of public ownership and share warrants on market performance of IPOs: Evidence from the Indonesian Stock Exchange (IDX)” in 2020, “Governance in a Village Fund Program in East Java Indonesia” in 2020, and “Inversed Illiquidity and Corporate Investment on the Indonesian Stock Exchange’s Kompas 100 Index” in 2020.
In addition, Prof. Madyan also received the Satyalancana Karya Satya X award from the President of the Republic of Indonesia in 2014.
AREA OF EXPERTISE: MANAGEMENT, FINANCE


