Since its establishment on September 19, 1955 the Faculty of Economics and Business, Gadjah Mada University (FEB UGM) with the Decree of the Minister of Education and Culture No. 53759/Kab, FEB UGM has a very large number of alumni spread throughout Indonesia and many countries in the world, and holds important positions in government, BUMN, and the private sector. In order to realize the dedication to the alma mater alumni, FEB UGM formed an alumni organization with the name Alumni Family of the Faculty of Economics and Business, Gadjah Mada University (KAFEGAMA).
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