| 351 | Universitas Madura | 1978 | — |
| 352 | Universitas Mahakarya Asia | 2020 | — |
| 353 | Universitas Mahaputra Muhammad Yamin | 1984 | — |
| 354 | Universitas Mahasaraswati Denpasar | 1963 | — |
| 355 | Universitas Mahasaraswati Mataram | 1981 | — |
| 356 | Universitas Mahendradatta | 1963 | — |
| 357 | Universitas Mahkota Tricom Unggul | 2021 | — |
| 358 | Universitas Majalengka | 2006 | — |
| 359 | Universitas Malahayati | 1994 | — |
| 360 | Universitas Malikussaleh | 1969 | — |
| 361 | Universitas Mandala Waluya | 2020 | — |
| 362 | Universitas Mandiri | 2021 | — |
| 363 | Universitas Maritim AMNI | 2020 | — |
| 364 | Universitas Maritim Raja Ali Haji | 2007 | — |
| 365 | Universitas Matana | 2014 | — |
| 366 | Universitas Mataram | 1962 | — |
| 367 | Universitas Mathla'ul Anwar | 2001 | — |
| 368 | Universitas Mayjen Sungkono | 1981 | — |
| 369 | Universitas Medan Area | 1983 | — |
| 370 | Universitas Medika Suherman | 2021 | — |
| 371 | Universitas Mega Buana Palopo | 2020 | — |
| 372 | Universitas Megarezky | 2018 | — |
| 373 | Universitas Megow Pak Tulang Bawang | 2006 | — |
| 374 | Universitas Mercu Buana Jakarta | 1985 | — |
| 375 | Universitas Mercu Buana Yogyakarta | 1985 | — |
| 376 | Universitas Merdeka Madiun | 1979 | — |
| 377 | Universitas Merdeka Malang | 1964 | — |
| 378 | Universitas Merdeka Pasuruan | 1985 | — |
| 379 | Universitas Merdeka Ponorogo | — | — |
| 380 | Universitas Merdeka Surabaya | 1945 | — |
| 381 | Universitas Metamedia | 2022 | — |
| 382 | Universitas Methodist Indonesia | 1965 | — |
| 383 | Universitas MH Thamrin | 1996 | — |
| 384 | Universitas Mikroskil | 2021 | — |
| 385 | Universitas Mitra Indonesia | 2018 | — |
| 386 | Universitas Mitra Karya | 2019 | — |
| 387 | Universitas Mochammad Sroedji | 1981 | — |
| 388 | Universitas Mohammad Natsir Bukittinggi | 2014 | — |
| 389 | Universitas Monash Indonesia | 2020 | — |
| 390 | Universitas Mpu Tantular | 1984 | — |
| 391 | Universitas Muara Bungo | 2008 | — |
| 392 | Universitas Muhadi Setiabudi | 2012 | — |
| 393 | Universitas Muhammadiyah | — | Muhammadiyah dan Aisyiyah |
| 394 | Universitas Muhammadiyah Aceh | 1987 | Muhammadiyah dan Aisyiyah |
| 395 | Universitas Muhammadiyah Bandung | 2016 | Muhammadiyah dan Aisyiyah |
| 396 | Universitas Muhammadiyah Bangka Belitung | 2020 | Muhammadiyah dan Aisyiyah |
| 397 | Universitas Muhammadiyah Banten | 2020 | Muhammadiyah dan Aisyiyah |
| 398 | Universitas Muhammadiyah Bengkulu | 1991 | Muhammadiyah dan Aisyiyah |
| 399 | Universitas Muhammadiyah Berau | 2020 | Muhammadiyah dan Aisyiyah |
| 400 | Universitas Muhammadiyah Bone | 2020 | Muhammadiyah dan Aisyiyah |