FEASIBILITY STUDY OF INVESTMENT ON ACADEMIC INFORMATION SYSTEMS STIKES PEMKABJOMBANG BASED ON INFORMATION ECONOMICS

Bagus Kristomoyo Kristanto, Febriliyan Samopa

Abstract: Growth in information technology make an impact and changes in business processes at most industries, especially at health academy. Based on need of the management of health academy to provide academic services are professional then an academic information system that connects the management, faculty, students, and all entities involved is a matter that ought to exist. Accountability and transparency of data into more value with academic information system implementation. An Investment Information Systems Information Technology (IT / SI) generally require a feasibility study as well as the calculation of benefits and advantages before the investment. Several approaches are used to calculate the benefits and advantages of IT investment / SI, one of which is the Information Economics (IE) Approaches Information Economics is used in the analysis of an IT investment / SI and the development of Traditional Cost and Benefit Analysis (TCBA) involving factors economically justified business and technology in the form of financial, benefits, and risks of IT / SI them. Excellence IE method lies in its ability to take into account the benefits that half of tangible and intangible that is often overlooked by the management / investor. Brand Image Valuation is used as a subsidiary method for calculating the value of changes in the value of the brand image of STIKES Pem Kab Jombang of academic information systems investments. The results of the feasibility study on the investment of academic information STIKES Pem Kab Jombang is the investment worth to implementation because give benefit such as ROI of 43.29%, NPV Rp. 238,245,255.26, and the payback period 10.09 month

Keywords: Information Economics(IE),Brand Image Valuation, Tangible Benefit, Intangible Benefit, Academic System Information

DOI: https://doi.org/10.15623/ijret.2017.0601020