Indonesian State College of Accountancy

Indonesian State Polytechnic of Finance
Politeknik Keuangan Negara STAN
Former name	Institut Ilmu Keuangan, Sekolah Tinggi Akuntansi Negara
Motto	Nagara Dana Rakca (Sanskrit)
Motto in English	"Guardian of State Finance"
Type	State Polytechnic
Established	1964
Director	Evy Mulyani, Ak., M.B.A., Ph.D. CA, CACP, CRGP
Location	Tangerang Selatan, Banten, Indonesia
Campus	Suburban - Bintaro Jaya Sector V
Affiliations	Ministry of Finance of the Republic of Indonesia
Website	pknstan.ac.id

STAN Polytechnic of State Finance (Indonesian: Politeknik Keuangan Negara STAN; abbreviated as PKN STAN), is a government-affiliated college in Indonesia, located in Banten, in Bintaro Sector V Tangerang Selatan. It offers undergraduate degrees in finance. The curriculum is focused on public finance, with an emphasis on government policy and regulation. Upon completion of their study, PKN STAN graduates serve in government institutions in Indonesia especially in the Ministry of Finance of the Republic of Indonesia (Directorate General of Taxes, Directorate of Customs and Excise, etc.). The current PKN STAN director is Evy Mulyani, Ak., M.B.A., Ph.D. CA, CACP, CRGP.

Government affiliation

PKN STAN is a government-affiliated college which means that the college is administered and funded by the government of Indonesia through the institution it is affiliated to. The government institution affiliated to PKN STAN is the Ministry of Finance of the Republic of Indonesia. This affiliation with the government results in cost of education not being charged to the students of the college. In return, the graduates of the college are obliged to serve in government institutions in Indonesia. The Ministry of Finance of the Republic of Indonesia gets the largest number of graduates every year. The other government institutions get a portion of the college graduates allocation are the Government Accountability Office of the Republic of Indonesia (Badan Pemeriksa Keuangan Republik Indonesia/ BPK RI)and the Financial and Development Supervisory Agency (Badan Pengawasan Keuangan dan Pembangunan / BPKP). In previous years, there is a record of allocation of graduates to the Ministry of State-Owned Enterprise of Indonesia.

Academic programs

PKN STAN offers Diploma I Program, Diploma III Program, and Diploma IV Program. These programs are tailored to create professionals in public sector (government). Therefore, the courses in the college are a combination of economics, law, and public administration. Every year, the students in PKN STAN are evaluated. Students must achieve a minimum grade point average (GPA) of 2.75 out of 4.0, the failure to do so will result in the expulsion/drop-out from the program.

Diploma I Program

Diploma I Program is a one-year program intended to create professionals with basic skills needed in the government sector. The program consists of 50 credits with three areas of specialization:

Diploma III Program

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

Accounting
Taxation
Property Appraisal
Receivable and Auction Administration
Customs and Excise
Treasury

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

For the D-I program, students can continue to the 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 Program in Accounting

Initially Diploma IV Program in Accounting 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 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. Upon graduation, the students receive Bachelor of Science's degree in accounting.

But, in 2021 PKN STAN also opened a Diploma IV Program for high school graduates so they don't have to study Diploma III program first. They also must go through a character building program which obliged them to live in dorms provided by PKN STAN in their first year of D-IV study.

Admissions

Admission to PKN STAN's D-III program is open to high school graduates. The general requirement is that applicants have graduated from high school 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. On 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. In 2007 admission year, 125.000 high school graduates competed for 2.014 available seat. Due to the selectivity of the school, most PKN STAN students arrive at the school with significantly higher grades.

Admission to STAN's D-IV special program in accounting (the two-year program) are available only to those who have completed the D-III program and must complete a period of service in government institutions. They also have to pass the intake examination.

Student life

The college provides campus dormitories for the D-IV program students for their first year. There are various character development activities that the students are obligated to participate into.