Based on the selection and survey conducted in 2008, Eduniversal awards the award to the Faculty of Economics and Business Universitas Gadjah Mada, together with Faculty of Economics University of Indonesia and SIB ITB as “EXCELLENT Business Schools nationally strong and/or with continental links”.
This award is given in the form of certificate as a proof for business schools which are considered as strong business schools in national scope and having good links and relationship with business schools from other countries. The awarding system was based on the results of the interview participated by 1,000 deans from selected business schools. Those deans were asked to answer the question “Which business school was the most recommender for study purpose in the country?” The Interview was conducted from October 2007 to March 2008.

They were expected to answer correctly, thus voting for their respected country was not mandatory. And they were also requested to make a selection, in which they cannot recommend over 50% of the business schools selected per country.

Eduniversal itself is a tool to give perspectives and references for higher education purposes.
The selection process was a result of the International Scientific Committee held in Paris (France) as the initiative of the SMBG - the French leading consultancy in student orientation and human resources.