Master of Economics

Master of Economics

Postgraduate

The Kulliyyah of Economics and Management Sciences seeks to prepare students with the necessary knowledge and Islamic values to face the increasingly challenging world.  It offers students the unique opportunity of integrating conventional knowledge with Islamic knowledge in all fields of studies. Established in 1983, the Kulliyyah is now well recognised, having faculty members of eminence in various specialisations.  It is also equipped with the state-of-the-art facilities to promote teaching and learning.

English is the medium of instruction for all programmes offered by the Kulliyyah. Currently, there are four departments offering various programmes, namely the Department of Economics, the Department of Business Administration, the Department of Accounting, and the Department of Finance.

The Department of Economics offers the Master of Economics to provide graduate studies in Economics which combines both conventional and Islamic aspects; to produce experts who are competent in both conventional and Islamic Economics; to encourage further research in Islamic Economics and Policies in line with the fast changing economic environment. The department’s greatest strength is in the areas of Islamic Economics and Finance, International Economics, Monetary Economics, Macroeconomics and Development Economics.

MODES OF PROGRAMME

Option 1:  24 credit hours of coursework + 18 credit hours of dissertation

                    (4 core courses + 6 elective courses + 18 credit hours of dissertation)

Option 2:  33 credit hours of coursework + 9 credit hours of research paper

                   (4 core courses + 7 elective courses + 9 credit hours of research paper)

Option 3:  42 credit hours of coursework

                   (4 core courses + 10 elective courses - one of which is Applied Research Methods)

Student who opts for option 1 or option 2 must submit a dissertation/research paper proposal to the Department postgraduate coordinator and their potential supervisor. The Department will arrange for a dissertation/research paper proposal defense for students choosing option 1. Upon approval, students choosing either option 1 or option 2 may proceed with the dissertation/research writing. A supervisor and a co-supervisor (if necessary), will be appointed for the student. For option 3, the student must register for ECON 6999 Applied Research Methods, normally in the final semester. To enrol in the course, an outline of the research plan needs to be submitted to the potential supervisor two weeks before the semester begins, for approval.

Pre-requisite courses - Apart from the required courses, students may need to enroll for pre-requisite courses depending on their qualifications. 

AREAS OF SPECIALISATION

  • Trade and Development
  • Industrial Economics
  • Finance
  • Financial Economics
  • Islamic Economics and Finance

PROGRAMME STRUCTURE

The Master of Economics programme comprises 42 credits hours.

CORE COURSES

 Course Code

Course Name

ECON 7301

Econometrics

ECON 7302

Microeconomics

ECON 7303

Macroeconomics

ECON 7304

Islamic Economics Thought


ELECTIVE COURSES BY SPECIALISATION

  • TRADE AND DEVELOPMENT

Course Code

Course Name

ECON 7305

Economic Development And Policy

ECON 7309

International Trade: Theory And Policy

FINC 7312

International Finance

ECON 7314

ECON 7991

Multilateral Issues and Regional Integration in Asia Pacific

Applied Research Methods


  • INDUSTRIAL ECONOMICS

Course Code

Course Name

ECON 7306

Environmental Studies

ECON 7308

Industrial Organisation

ECON 7313

Labour Economics

ECON 7316

ECON 7991

Urban Economics

Applied Research Methods


  • FINANCE

Course Code

Course Name

FINC   7311

Managerial Finance

FINC   7304

Corporate Finance

FINC   7313

Financial Derivatives

FINC   7332

ECON 7991

Money, Banking and Capital Markets

Applied Research Methods



  • FINANCIAL ECONOMICS

Course Code

Course Name

FINC 7332

Money, Banking and Capital Markets.

ECON 7307

Financial Economics

FINC 7312

International Finance

ECON 7991

Applied Research Methods


  • ISLAMIC ECONOMICS AND FINANCE

Course Code

Course Name

ECON 7317

Islamic Banking System and Operations

ECON 7311

Islamic Capital Market

ECON 7312

Islamic Economics and Finance Issues from Syari’ah Perspective

ECON 7315

Al- Siasah Al- Shari’ah / Shariah Oriented Public Policy

ECON 7991

Applied Research Methods



DURATION OF STUDIES

Status

Minimum

Normal

Maximum

Full-time

1 ½ academic years

2 academic years

3 academic years

Part-time

2 academic years

4 academic years

5 academic years


ADMISSION REQUIREMENTS

A relevant Bachelor’s degree with good grades from an accredited institution of higher learning or any other certificates recognised to be equivalent to a Bachelor's degree and with relevant professional experience.


ENGLISH LANGUAGE REQUIREMENTS

In addition to the Kulliyyah requirements, an applicant must produce satisfactory proof of proficiency of English Language by:

  • The Test of English as Foreign Language (TOEFL) with a minimum score of 550 or
  • The International English Language Testing Services (IELTS) with a score of 6.0 or
  • The IIUM-administered English Placement Test (EPT) with a minimum score 6.0


KENMS: FREQUENTLY ASKED QUESTIONS

FEE STRUCTURE


CONTACT

Deputy Dean (Postgraduate and Research)
Kulliyyah of Economics and Management Sciences
International Islamic University Malaysia
P.O. Box 10, 50728 Kuala Lumpur, Malaysia
Tel : 603-6421 4775 / 4634 / 4778
Fax : 603-6421 4850
E-mail : kenmspg@iium.edu.my

Website: http://www.iium.edu.my/kenms and http://www.iium.edu.my/cps

*   All information is correct at the time of publication. All requirements are subject to amendment by the Management of International Islamic University Malaysia.

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