The participating institutions include:
- FEB Universitas Cenderawasih
- FEB Universitas Papua
- FEB Universitas Islam Malang
- FEB Universitas Trunojoyo Madura
- STIAB Jinarakkitha
- Institut Shanti Bhuana
- Trisakti School of Management
- FEB Universitas Catur Insan Cendekia
- FEB Universitas Muhadi Setiabudi
- FEB Universitas Sam Ratulangi
- FEB Universitas Sariputra Indonesia Tomohon
- Politeknik Negeri Nusa Utara
