Bachelor of Science (Islamic Finance)

Bachelor of Science (Islamic Finance)

Undergraduate

The Bachelor of Finance (Islamic Finance) with Honours (BFIF) programme is developed comprising of both conventional and Islamic finance disciplines. The programme aims to produce competent finance graduates who are equipped with solid foundation in the finance field who are capable of taking up leadership roles in major organizations and corporations with the view of achieving the Maqasid Al-Syariah.

The programme was granted full accreditation by the Malaysian Qualification Agency (MQA) in 2017. The programme comprises a total of 133 credit hours. Of these, 20 credit hours are the university required courses, 38 credit hours are the Kulliyyah core courses, 42 credit hours are the programme required courses, 12 credit hours are the compulsory industrial training and 21 credit hours are the elective courses or selected minor courses.

The Programme Educational Objectives are as follow:

  1. To produce well rounded professionals in finance who are imbued with Islamic values  and ethics.
  2. To ensure students develop a good grounding in quantitative skills, accounting, economics and finance. Islamic perspectives are integrated in all subjects.
  3. To develop the students with good communication and soft skills, so that they become effective communicators, able to work in teams and be a leader.
  4. To sharpen the students’ analytical and critical thinking abilities.
  5. To instil in students the desire for long-life learning, keep up with current knowledge using contemporary technology and resources.


BACKGROUND OF PROGRAMME

STRUCTURE OF THE PROGRAMME

 

 

      CREDIT
HOURS
University Required Courses       20
   Philosophy, Values and History  4  
   Soft Skill 10   
   Malaysian Studies  
   Community Engagement  
 Kulliyyah Required Courses      38
 Department Required Courses      42
 Elective Courses/Minor Courses      21*
 Industrial Training      12
 Total Requirement for Graduation      133**
       


* Students who do not wish to do a minor must take 21 credit hours of elective courses
** The total credit hours for graduation requirement for non-Malaysian is 131.


A: UNIVERSITY REQUIRED COURSES

 

Course Code

Course Name

Credit Hours

Philosophy, Value and History

MPU 3122

Tamadun Islam dan Tamadun Asia (For Malaysian)

2

MPU 3112

Hubungan Emik (For Malaysian)

 

LM 1030

Bahasa Melayu I untuk Pelajar Antarabangsa (buan

Nusantara) (For Non-Malaysian) and

1

LM 1031

Bahasa Melayu II untuk Pelajar Antarabangsa (buan

Nusantara) (For Non-Malaysian) OR

1

LM 1040

Bahasa Melayu I untuk Pelajar Antarabangsa (Nasantara) and

1

LM 1041

Bahasa Melayu II untuk Pelajar Antarabangsa (Nasantara)

1

UNGS

Malay Virtues, Heritage and Malaysian Society

2

Soft Skills

LE 4000

English for Academic Writing

3

TQ 1001

Tilawah Al-Quran I

0.5

TQ 2001

Tilawah Al-Quran II

0.5

LQ 1008

Quranic Language I

0.5

LQ 2008

Quranic Language II

0.5

CCUB 1621

USRAH 1 (BUDI)

0.5

CCUB 2621

USRAH 1I (BUDI)

0.5

UNGS 2011

Creative Thinking and Problem Solving

2

CC 2000

Leadership Package

1

CC 3000

Skills Package

1

Malaysian

UNGS 2080

Ethics and Fiqh for Contemporary Issues

2

Studies

UNGS 2090

The Islamic Worldview, Knowledge and Civilization

2

Community Engagement

CCCD 1621

USRAH 3 (BUDI)

1

CCCD 1621

USRAH 4 (BUDI)

1

 

Total

20


B: KULLIYYAH REQUIRED COURSES

 

Course Code

Course Name (Students must take the following courses:)

Credit Hours

 

 

 

ECON 1140

Statistical Methods

3

ECON 1150

Business Mathematics

3

ECON 1510

Principles of Microeconomics

3

ECON 1610

Principles of Macroeconomics

3

MGT 2010

Principles and Practices of Management

3

ACC 1101

Financial Accounting and Reporting I

3

ACC 1511

Management Accounting Fundamentals

3

FINC 1301

Foundation of Islamic Finance

3

ECON 1710

Foundation of Islamic Economics

3

FINC 1302

Fundamentals of Financial Management

3

ECON 3510

Figh for Economist I

3

ECON 3511

Fiqh for Economist II

3

LM 2025

Bahasa Melayu Kerjaya (Peniagaan)*

2

Total

38

*For Malaysian Students ONLY

(Note: The students are required to complete ACC 1101, ACC 1511, ECON 1140, ECON 1150, ECON 1510, ECON 1610, FINC 1301 AND MGT 2010 before entering into the BScIF Programme)



C: DEPARTMENT REQUIRED COURSES

Course Code

Course Name (Students must take the following courses:)

Credit Hours

FINC 2302

Intermediate Financial Management

3

FINC 2305

Principles and Practices of Takaful

3

FINC 3301

Islamic Capital Markets

3

FINC 3302

Islamic Wealth Management

3

FINC 3303

Risk Management for IFIs

3

FINC 3306

Investments

3

FINC 4301

Qawaid Fiqhiyyah for Banking and Finance

3

FINC 4303

Bank Management

3

FINC 4304

Corporate Finance

3

MGT 2020

Introduction to Entrepreneurship

3

MKTG 3010

Marketing Principles

3

MGT 3010

Business Communication

3

LAW 3112

Malaysian Business Law

3

ECON 3550

Usul Fiqh I

3

Total

42


  • SEVEN (7) elective courses are required for students opting for non-minor only. Students opting for a minor must take the required minor courses.
  • Students opting for a non-minor must choose from FIVE (5) to SEVEN (7) of the following department required elective courses:


D: DEPARTMENT ELECTIVE COURSES/MINOR COURSES

Course Code

Course Name

Credit Hours

 

 

 

FINC 2301

Technologies for Financial Services

3

FINC 2303

Regulatory Framework of Islamic Banking and Finance

3

FINC 2304

Accounting for Islamic Financial Institutions

3

FINC 2306

Principles and Practices of Waqf

3

FINC 2307

Personal Financial Planning

3

FINC 3305

Financial Statement Analysis

3

FINC 4302

Corporate Governance and Ethics

3

FINC 4305

International Finance

3

FINC 4306

Financial Derivatives

3

FINC 3307

Research Methodology

3

FINC 3308

Financial Markets and Institutions

3

FINC 4307

Islamic Finance Project Paper

3

ECON 3551

Usul FIqh II

3


Additionally, students may choose up to TWO (2) of the following courses only.

Course Code

Course Name

Credit Hours

 

 

 

ECON 3410

Money and Banking

3

ECON 3512

Fiqh for Economist III

3

ECON 4550

Economics of Zakat

3

MGT 3050

Decision Science

3

MGT 4110

Organizational Behaviour

3

MGT 4320

Human Resource Management

3

MGT 4760

Strategic Management

3

MKTG 4110

Consumer Behaviour

3

MKTG 4820

Internet Marketing

3

MKTG 4060

Strategic Marketing

3


 

Students can minor in one of these areas: (1) Marketing, (2) Management and (3) Islamic Economics.

Minor in Marketing (Students must complete the following SEVEN (7) courses)

Course Code

Course Name

Credit Hours

 

 

 

MKTG 4060

Strategic Marketing

3

MKTG 4110

Consumer Behaviour

3

MTKG 4220

Integrated Marketing Communication

3

MKTG 4350

Retail Marketing

3

MKTG 4410

Marketing Research

3

MKTG 4810

International Marketing

3

MKTG 4820

Internet Marketing

3

Total

21

Minor in Management (Students must complete the following SEVEN (7) courses) 

Course Code

Course Name

Credit Hours

 

 

 

MGT 3050

Decision Science

3

MGT 4110

Organization Behaviour

3

MGT 4320

Human Resource Management

3

MGT 4760

Strategic Management

3

MGT 4810

International Business

3

MGT 4870

Cross-cultural Management

3

MGT 4820

Management from Islamic Perspectives

3

Total

21

Minor in Islamic Economics (Students must complete the following SEVEN (7) courses) 

 

Course Code

Course Name

Credit Hours

ECON 3512

Fiqh for Economics III

3

ECON 3551

Usul Fiqh II

3

ECON 4010

History of Islamic Economic Thought

3

ECON 4510

Issues in Islamic Economics

3

ECON 4530

Objectives of Shariah

3

ECON 4540

Economics in the Quran and Sunnah

3

ECON 4550

Economics of Zakat

3

Total

21


COMPULSORY REQUIREMENT FOR ALL STUDENTS

 

Course Code

Course Name

Credit Hours

 

 

 

FINC 4120

INDUSTRIAL TRAINING

Students must apply for industrial training at relevant corporation or organization for an internship of 24 weeks.

12

 

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