Master of Science (Accounting)

Master of Science (Accounting)



Mixed mode

Course Synopsis
The programme was introduced by the Department of Accounting, Kulliyyah of Economics and Management Sciences (KENMS) in 2000. This 1 1/2 years (full-time) or 3 years (part-time) programme is to provide the master students with academic training and research skills related to the entire broad areas of accounting.

The program combines both conventional and Islamic aspects; to produce experts who are competent in both conventional and Islamic accounting; to encourage further research in Accounting which incorporates the Islamic perspective and to generate experts who are able to formulate Islamically desirable policies in line with the rapidly changing Accounting environment. The department’s greatest strength is in the areas of Islamic Accounting, Accounting Ethics, Social and Environmental Accounting, Zakat Accounting, Taxation, Financial Reporting, Management Accounting and Public Sector Accounting.  

Sejahtera Academic Framework Elements
The Sejahtera Academic Framework (SAF) puts together the various elements that are major parts of a higher education institution to create a coherent “jami’ah insaniah” system. Cognizant that although students flock to campus initially to go through an academic programme, the SAF views the entire student experience in addition to the formal curriculum as core towards the students becoming and embodying Insan Sejahtera. Therefore, the SAF highlights the roles that each element plays in nurturing holistic human beings (KhAIR) - the University refuses to be a degree mill intent only on simply producing employable graduates.

At the end of the programme, students of the Master of Science in Accounting are able to achieve the following elements of SAF as follows:

Uphold tawhidic paradigm in recognising Allah as the Absolute Creator and Master of the Universe; hence integrating faith (iman), knowledge (‘ilm) and good character (akhlaq) in daily life.

Lead balanced and harmonious life (Insan Sejahtera) crafted on values-based, holistic and integrated education for sustainable development

Manifest knowledge and comprehension on fundamental principles of the field of study and other generic knowledge.

Apply independent study skills with a high degree of autonomy; and function in a team and practice good interpersonal skills, essential for them to fare well in learning, social, and work environments.

Show techniques and capabilities to search and use knowledge/data to make decisions/solve problems, having considered social, scientific and relevant ethical issues;

Rahmatan Lil Alamin
Use knowledge and skills in the world of work in family institutions and social settings indicative of their professionalism in employment; functions in family and relevance in the society;

Communicate and convey information, ideas, problems, principles and solutions to various levels and group of stakeholders at work and in the society.

Programme Learning Outcomes
At the end of the programme, students of the MSc. Accounting are able to:

1. Demonstrate familiarity with advanced knowledge in the field of accounting and
awareness of contemporary development therein
2. Synthesise and apply knowledge in advanced accounting issues with specific focus on performance,
governance, accountabiity and sustainability.
3. Critically analyse financial statements, management and business reports in digital environment for
ethical decision making.
4. Apply knowledge, analytical and critical skills to produce innovative solutions to
accounting related societal issues with the cooperation of different stakeholders for a Sejahtera
society (Ummah).
5. Apply analytical skills to plan and execute responsible research that has an impact on the industry
and community, leading to sustainable solutions.
6. Acquire necessary skills in information management and information technology and apply
effective strategies for lifelong self-improvement in tandem with the changes in the business world.
7. Uphold ethics, virtues and values from an Islamic perspective and professionalism in their
8. Demonstrate leadership qualities through communicating and working effectively with peers and
various stockholders across a variety of communication platforms.

Programme Structure

Component Mixed Mode
(Credit Hours)
Core Courses 9
Electives 9
Research Proposal 0
Dissertation/Consultancy Project 22
Total Credit Hours 40

Core Courses

TypeCourse Title Credit Hours
ACCT 7313 Research Methods 3
ACCT 7314 Accounting Research Framework 3
ACCT 7315 Islamic Accounting and Finance 3

Elective Courses

Sustainable Accounting

Course Code Course Title Credit Hours
ACCT 7405 Governance and Sustainability 3
ACCT 7406 Strategic Management 3
ACCT 7308 Financial Management for Sustainability 3


Course Code Course Title Credit Hours
ACCT 7307 Risk Management and Assurance 3
ACCT 7316 Shariah Auditing 3
ACCT 7317 Internal Auditing 3

General - any three (3) of the following:

Course Code Course Title Credit Hours
ACCT 7405 Governance and Sustainability 3
ACCT 7406 Strategic Management 3
ACCT 7308 Financial Management 3
ACCT 7307 Risk Management and Assurance 3
ACCT 7316 Shariah Auditing 3
ACCT 7317 Internal Auditing 3
ACCT 7314 Financial Statement Analysis 3
ACCT 7316 Islamic Financial Planning 3

Dissertation/Research Paper

Course Code Course Title Credit Hours
ACCT Dissertation/Consultancy Project 22

Study Period (Done)

Programme Type Minimum
Master Full-time 1 academic year 2 academic year 3 academic year
Part-time 2 academic years 4 academic years 5 academic years

Admission Requirements

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

  • Specific requirements
    A Bachelor’s degree in a related field with CGPA below 2.75 out of 4 but above 2.50 out of 4.00 or its equivalent can be accepted, subject to a minimum of 5 years working experience in relevant field.

  • English requirements
    Must obtain a score of 550 in TOEFL or 6.0 in IELTS or alternatively may sit for the IIUM-administered English Placement Test (EPT) and obtain minimum of 6.0 points

  • Research proposal





Deputy Dean (Postgraduate)
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 :

Website: and

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

Student Affair

Interested in Master of Science (Accounting) ?