Profile Institute for Economic and Social Research – Faculty of Economics and Business, University of Indonesia, or better known as LPEM FEB UI, is a research institute under the Faculty of Economics and Business, University of Indonesia as well as the largest community of academic researchers at the University of Indonesia. For more than 60 years, LPEM FEB UI has become one of the leading academic institutions in Indonesia, which plays an important role in contributing ideas through research, consulting, and education. History The establishment of a research center within the academic community at the Faculty of Economics, University of Indonesia was spearheaded by Prof. Dr. Soemitro Djojohadikusomo. In 1953, Prof. Dr. Soemitro Djojohadikusomo, who was serving as the Dean of the Faculty of Economics, University of Indonesia, set up two research centers. They are called Seminar Business Administration and Social Research Center. The objective of establishing both research centers was to support the research activities by doctoral candidates. A year later, in November 1953, the Social Research Center was renamed into Institute for Economic and Social Research (LPEM FEB UI). In 1956, the Seminar Business Administration was merged into the LPEM FEB UI. Activities During its development, LPEM FEB UI has played an important role in research and educational activities. Most of its activities are collaboration with public or private entities, both within and outside the country. Government agencies or privates and foreign institutions who have become clients of LPEM for research activities.