Study Entrepreneurship and Leadership in Bali and Become a Next-Generation Leader!

Explore entrepreneurship and leadership the new, innovative Bali Business Foundation program (BBF), where you’ll get to launch your entrepreneurial career in an exotic, international environment! It’s easy to apply and you can get a confirmation of your study placement as quickly as in a day.

Learn, Network, Startup & Grow as a Leader

In just one semester, you will experience the highs, lows, fun and pressure that make up life at a startup. Meet mentors, investors, co-founders, and sponsors who are ready to help you get started. Join the program now and become a next-generation entrepreneur and leader!



Connect with people driven to make their ideas happen.



Learn what it really takes to start and manage a company.



Lift your idea off the ground with the support of peers and mentors.

icons_lightgrey-08  Program Overview


Spring (April – July),
Autumn (Sep – Dec)


Business, entrepreneurship, leadership and project management





30 ECTS /
18 US credits



guest lectures and company visits


1650 EUR tuition fee / semester
+ 50 EUR application fee

Why study entrepreneurship in Bali?

One of the most interesting trends in recent years has been the lifestyle business scene. Idyllic places like Bali – Ubud and Canggu in particular – have become digital nomad hubs, leading some to call the island “Silicon Bali”. While much of the growth in Bali has been driven by digital nomads, the impact on Bali’s entrepreneur community is now well formed and it is possible that Ubud could rise from a cheap lifestyle haven for bootstrappers into a startup hub in Indonesia. Read more in our blog article.

icons_lightgrey-02  Semester dates and application deadlines


Spring/Summer Autumn
Semester dates April 3rd – July 17th September 4th – December 18th
Orientation April 3rd September 4th
Holiday May 23rd – June 3rd (tentative) October 24th – November 4th (tentative)
Application deadline January 31st, 2020 June 30th, 2020


Semester dates September 6th – December 20th
Orientation September 6th
Holiday October 26th – November 6th
Application deadline June 30, 2019

In collaboration with


Said about the program:

Bali is the hottest environment on the planet for adventurous minds seeking for their goals. We Finns, people who can walk on water (especially during winter), are happy to help universities to answer to the needs of the changing world. Entrepreneurs and startups form the new backbone of our societies. We need this kind of mindset and universities need to support it.”

– Peter Vesterbacka, mentor of the program, one of the miracle makers behind the Angry Birds mobile games and the founder of the startup event Slush

icons_lightgrey-58Studying in the Bali Business Foundation Program (BBF)

The Bali Business Foundation (BBF) is an international study abroad program offered exclusively through Asia Exchange, made for aspiring entrepreneurs and leaders. Find out what it means to create and manage a company, learn to tackle big challenges, improve your intercultural competence and master the steps for achieving personal and professional success. The program includes lectures as well as interactive workshops and excursions to boost your learning.

Who is this program for?

  • You’re a university student (or similar)
  • You have a desire to become an entrepreneur or a business leader
  • You want to expand your business knowledge with the help of peers and mentors
  • You want to study abroad in a unique and exotic environment
  • You want to get to know people from all over the world and build your international network

  • Courses & Studies

    Courses in the BBF program

    Warmadewa University is responsible for the teaching and the transcript of records. You can pick 3–6 courses per semester. The courses also include guest lectures and company visits.

    List of courses (all Bachelor’s level)

    • Thinking and Acting like an Entrepreneur BBF33B01 (Syllabus)
    • Business Foundations in a Changing World BBF33B02 (Syllabus)
    • Entrepreneurship for Global challenges BBF33B03 (Syllabus)
    • Innovational and Inspirational Leadership BBF33B04 (Syllabus)
    • Intercultural Competence in Project Management BBF33B05 (Syllabus)
    • Achieving Personal and Professional Success BBF41B06 (Syllabus)

    Course selections

    The course selections are made after the application deadline.

    Course requirements

    All the courses have a 75 % attendance requirement. Failing to adhere to this requirement may lead to failing the course.

    Course schedule

    Lectures usually take place on Thursdays and Fridays. The company visits usually take place on Wednesdays and Fridays. The semesters run for 16 weeks from April to July and September to December.

  • Credits & Grading

    Warmadewa University grants credits directly as either ECTS or US credits. Each course is worth 5 ECTS. You may choose between 3 and 6 courses, which amount to 15–30 ECTS or 9–18 US credits. The courses include assignments, projects and company visits. You also have the option to add courses from the Warmadewa International Program for an extra fee of 150 EUR per course. You will earn credits from these courses the same way as from your program.

    Course grading

  • Activities outside class

    On-campus facilities include tennis courts, a basketball court and a language library. You are more than welcome to participate in different kinds activities such as drama, dance and sports clubs. You can teach English and play with children at the children’s home Seeds of Hope during the semester. Exchange students are encouraged to participate in activities, such as jogging events, with local students. Students also like to form their own football, tennis and beach volley clubs.

  • About Warmadewa University

    Universitas Warmadewa, abbreviated as UNWAR, is a private university that was founded on 17 July 1984. It is ranked among the best universities in Indonesia. The university has 7 faculties and 19 study programs. Its name was proposed by the Governor of Bali, Ida Bagus Mantra to honor a former king of Bali, Sri Kesari Warmadewa. The big and modern campus area and its several faculties accommodate students from all around the world. Learn more about Warmadewa University.


    Warmadewa University Jalan Terompong No 24 Denpasar 80235 Bali Indonesia

    University’s website Bali Business Fondation Program (BBF)

    University’s contact person

    Prof. Dr. I Nyoman Kardana, M.Hum


    • Ministry of Research, Technology and Higher Education of the Republic of Indonesia
    • Indonesian National BAN-PT Accreditation


    • Platinum II Tri Hita Karana Award in recognition of consistency of maintaining the high standards (December 1, 2016)
    • The top ten best campus given by Bali Best Brand Award (December 17, 2016)
  • Fees

    Tuition fee: 1650 EUR / semester
    Application fee: 50 EUR.
    See what’s included in the fees.

    Are you from outside of Europe? Find out more about the fees.

    Benefits when applying via Asia Exchange

    • Confirmation even in one day
    • Asia Exchange Guide with lots of information about studies, visas, accommodation and other tips
    • Orientation days and fun events and activities
    • No English proficiency test required
    • 100 EUR discount when you apply for two semesters.

icons_lightgrey-13 Apply to study abroad in the BBF program


Get the required documents
(see list below)


Fill out and submit the online application form together with the required documents


You’ll get a confirmation of your study placement within 1-7 days

  • Flexible application: You can apply even if you’re not yet certain of your plans. Cancel at no extra cost up to 1 month before the semester starts.
  • When you apply for two semesters: 100 EUR discount on the second semester
  • Get access to comprehensive information materials such as an Asia Exchange Guide and an interactive orientation webinar after you apply

  • Who can apply

    To apply, you need to have at least

    • a minimum age of 18 years
    • a high school diploma or similar certificate.
    • sufficient English skills (B2 level). You’re not required to take an official language test, however.

    See the additional requirements.

  • Required documents
    • An official transcript of records of all your semesters in English (signed and stamped by your home institution or verified with electronic signature or a barcode). If you are not currently enrolled at an institution of higher education, a copy of your high school (or equivalent) diploma or bachelor/masters diploma in English. Click the link above for an example transcript of records. The format may vary from university to university.
    • A copy of the identification page of your passport. The passport needs to be valid for 6 months after the end of the semester. If your passport expires earlier, please apply for a new passport as soon as possible. Please note that applications sent without a valid passport cannot be processed.
    • Signature Page (See example)
  • Application instructions
    • Scan the required documents (1–2) to your computer.
    • Finally fill out the online application form below and submit it with all the documents.

    Uploading and submitting the attachments

    • Please upload the attachments in PDF format.
    • If possible, please submit all the attachments together with the application. If you’re missing some attachment(s) when you first apply, you can send the missing document(s) later.  However, please note that we won’t process applications without any attachments whatsoever.
    • All attachments must be sent to us by the application deadline at the very latest but preferably as soon as possible.
    • You can submit all the documents electronically. Please don’t send anything via regular mail.
    • There is a late application fee for applications or attachments submitted after the application deadline.

    Confirmation, official acceptance letter and visa

    You’ll get a confirmation of your study placement in 1-7 days, starting from the day your application is complete with all the required documents. You’ll receive the electronic official acceptance letter approximately 1,5 months before the semester starts. You need to print the official acceptance letter for your student visa application. 


    The application fee invoice will be sent to you soon after the initial acceptance letter. This fee will be due within 10 days of receiving your confirmation. The application fee is non-refundable even if you decide to cancel (see below). You’ll receive the invoice for the tuition fee about 2.5 months before the semester starts.


    If you’re unable to participate in the study abroad semester, you have the right to cancel your participation up to 1 month before the semester starts with no extra cost (the application fee will not be refunded, however). Let us know about your cancellation by writing us an email at info[at] Cancellations notified via phone, SMS or by any other means will not be considered. For more detailed information on our cancellation policy, please see terms and conditions for cancellation. We also reserve the right to cancel your participation if any of your fees becomes overdue. For more information, please see our terms and conditions.

    Travel insurance

    You are required to have a valid accident and health insurance from your home country for the whole duration of the program. The university may request a copy of the insurance certificate at the beginning of the semester. See our recommended travel insurance providers.

Apply to the BBF Program now

icons_lightgrey-14 Frequently Asked Questions

  • Studies & Schedules

    Q: Are there mandatory courses? A: No, there are no mandatory courses.

    Q: When are my course selections confirmed? A: We will send your course selections to Warmadewa University approximately 1 month after the application deadline. Unless you’re notified that there is overlapping with your course selections, all your course selections are confirmed.

    Q: Can I drop out of a course or add a course after making the course selections? A: Dropping out of a course is still possible until the second week of the semester as long as you still have a minimum of 3 courses left. If you wish to add a course, it is still possible on a case-by-case basis prior to the start of the semester (until a maximum of 6 courses). Please email

    Q: How does the weekly schedule look like? A: In general, you will have lectures and company visits from Wednesday to Friday. These will be hosted by professors from Warmadewa University and several guest lecturers and hosts in their venues.

    Q: What is the required minimum attendance? A: You must attend a minimum of 75 % of lectures and company visits. You must also pass the mid-term and final exams to receive your grades. In case of sickness, you can discuss with the program staff regarding excused absence.

    Q: When do the exams take place? A: All exams will take place inside the official semester dates. Mid-term exams take usually place the week before mid-term holiday and final exams the last week of the semester. The exams are scheduled for the same weekdays and times as your normal classes.

    Q: What kind of costs are there regarding study materials? A: There are no book fees in the BBF Program. Most of the study materials will be uploaded to a student folder in Dropbox/Google Drive. Some assignments must be submitted as printed documents. There are printing shops outside the campus and printing is extremely cheap in Bali.

  • Everyday Conduct

    Dresscode: You should always cover your shoulders, belly, knees and toes when on campus. Please bring enough proper, lightweight clothes with you from home as it can be difficult to find especially bigger size clothes or shoes in Bali.

  • Visa & Travel

    Q: What is the correct type of visa for studying at Warmadewa University? A: Social-Cultural Visa / Short Visit Visa.

    Q: When can I apply for my visa? A: As soon as you receive the official acceptance letter from Warmadewa University. We will send this to you approximately 1,5 months before the semester starts. You cannot apply for your visa with the initial acceptance letter from Asia Exchange.

    Q: Can I travel inside of Indonesia during the semester even if my passport is at immigration for extension? A: Former students have been able to travel with a scanned copy of their passport’s ID page and student card from Warmadewa University. You can find general information about Indonesian student visas here.

  • Accommodation

    Q: How can I find suitable accommodation options?
    Read our accommodation guide for Bali here
    . Many of our former students have used the services of or

    Q: Should I book accommodation in advance or after arriving in Bali?
    A: It is completely up to you. During the autumn many of the cheapest places get booked in advance but most students still prefer checking the accommodation options in person after arrival.

  • Transport

    Q: Do I need an International Driver’s License for driving a scooter in Bali? A: Yes, you do. If you don’t yet have one, please order it from your national car union’s website. Bear in mind that driving a scooter in Bali requires a motorbike license. Without one, you might have problems with your insurance company in case of an accident.

  • Health & Safety

    Q: Which vaccinations do I need to take? A: We recommend MMR, Tetanus-diphteria and hepatitis A and B. You can ask your doctor for possible other recommendations in case you wish to travel to more rural areas. Bali is not a malaria-endemic zone, so most likely you will not need to purchase anti-malaria medication.

    Q: Can I bring prescription medicines to Bali? A: That shouldn’t be a problem as long as you bring the doctor’s prescription with the medicine. Some medicines can be very hard or impossible to find in Bali even though there are plenty of pharmacies in the more touristy areas of Bali.

    Q: How are the hospitals in Bali? A: There are many international standard hospitals in Bali, for example BIMC, Siloam and Kasih Ibu. Please ask your insurance company for their partner hospital in Bali, as most insurances have one which they prefer. With minor worries you can usually visit the local clinics that can be found everywhere.

    Q: Do I need to have a travel insurance? You are required to have a valid accident and health insurance from your home country for the whole duration of the program. The university may request a copy of the insurance certificate at the beginning of the semester. See our recommended travel insurance providers.

  • Costs

    Q: What kind of costs should I be prepared for? In addition to tuition fees, you should be prepared to pay for the student visa, flights, accommodation and other living costs. There are no book fees in the BBF program, as most of the study materials will be uploaded to a student folder in Dropbox/Google Drive. The cost of living is relatively low in Bali. The actual costs depend on your individual lifestyle. Find a list of general living costs here. Read more about budgeting your study abroad semester.

  • Documents

    Q: I need to have my learning agreement/certificate of enrollment signed. What should I do? A: Please fill out the document and send it to and we will forward it to Warmadewa University for signing.

    Q: When will I receive my Official Acceptance Letter? The electronic official letter of acceptance will be delivered to you latest 1 month before the semester starts. Please print it for your student visa application.

    Q: When will I receive my Transcript of Records? A: The university prepares and sends the transcripts of records usually within 2 months after the end of the semester

See other frequently asked questions

icons_lightgrey-04 Student Experiences of Studying at Warmadewa University

What students have said


"I'm back for another semester in Bali!"

I'm back for another semester in Bali! The Asia Exchange team has been really helpful and has helped me with any questions I've had. To live in Bali is awesome, the people are great, the food is delicious and the parties are fun!

Ida, Sweden

default image

"I love this place from the bottom of my heart"

We’ve been here in Bali for 4 days now and I can already say that I love this place from the bottom of my heart. We’re staying at a luxurious villa and the monthly rent is not bad at all when shared with four people. Cleaning services, water, electricity and wireless Internet are all included in the rent.

Katriina, Finland

Find more testimonials and reviews on Facebook

icons_lightgrey-59  Ask Former Students

Ask our former students for practical hints and tips about living abroad, travel arrangements and the everyday life at the destination.

Smiling boy and Indonesian fishmonger“Hello everyone please let me know if you have any questions or feel curiosity to know how was my experience in Bali… Going to class in the mornings and some afternoons, going by motorcycle everywhere, going studying for some exams and every day finding an interesting and entertaining thing to do.I absolutely recommend this study program to all students who are looking for personal and professional growth. Take on the challenge and you will succeed.”

David, Spain (

Want to read more student experiences?

More blogs from Bali

Student interviews from Bali

Study Abroad Reports from Bali

Other programs at Warmadewa University

Warmadewa International Program (WIP)Students in the Warmadewa International Program at Warmadewa University

Find out more about the WIP program

Gap Year Study Abroad Program in BaliPeople standing at the edge of a cliff while the sunsets pointing over at something in the horizon

Find out more about the gap year program in Bali

Warmadewa International Summer Exchange (WISE)students in the warmadewa international summer exchange program

Find out more about the summer school program in Bali.

Have questions? Need help?

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female students in the bali business foundation program at warmadewa university

Want to learn more about the program?

Sign up for our interactive webinar on Wednesday, November 27th!

You have the chance to ask our study abroad experts any questions you might have, live!

You will also get more information about the program and the opportunities provided by this unique study program