Universiti Malaya (UM)

 
 
The Department has been established since 1st February 1997. It offers courses in Finance and Banking for Bachelor of Business Administration, Bachelor of Accounting, Masters of Business Administration and PhD. Courses include corporate finance, investment, seminar in corporate finance, bank management, treasury management, econometrics, capital markets and instruments, derivatives, Islamic Banking and other finance-related topics.

The core activities of the department are teaching, research and publication. Department members are highly involved in empirical research and their research performance has been outstanding. Main areas of research interests are capital markets, derivatives and risk management, financial regulations, Islamic banking, performance and efficiency studies, time-series models, capital and dividend structures, corporate governance, and mergers and acquisitions. Majority of the staff receive external and internal research grants. Almost all of these research findings are presented in international conferences and are scholarly reviewed and published in academic journals.

The department attracts local and international students who are keen to pursue post graduate studies in finance and banking, including Islamic Finance. In addition to benefiting from department members, students also gain exposure from international scholars who visit the department on a regular basis. This has contributed to a continuous flow of quality research output and publications from the post-graduate students working in close collaboration with supervisors and foreign renowned professors.

Bachelor of Islamic Finance and Banking with Honours - BIFB (Hons)
Introduction

This program is able to produce a competent and conversant workforce in the area of banking and finance to meet market demand in both national and international level. Career prospects in this industry include finance and Islamic banking institutions as well as other institutions which offer and practice Islamic concepts/principles as a way of conducting business.
Program Structure
The structure of the programme is specifically designed to include vital aspects in Islamic finance and banking in addition to the understanding of elements in conventional finance and banking coupled with other fields relevant to strengthen the knowledge to meet growing demand by the industry.
SUMMARY PROGRAMME REQUIREMENTS OF BACHELOR OF ISLAMIC FINANCE AND BANKING (WITH HONOURS) - BIFB (HONS)
 
 
COMPONENT
CREDIT HOURS
A.
University Core
22
B.
Programme Core
84
C.
Programme Elective
9
D.
Free Elective
3
 
Total
118
 
PROGRAMME STRUCTURE
For the award of Bachelor of Islamic Finance and Banking (with Honours), a student is required to complete at least 115 credit hours and must get at least 2.00 cumulative grade point average through the following structure:
 
 

 

A. UNIVERSITY CORE (22 CREDIT HOURS)
 
Humanities Courses (9 credit hours)
 
CODE COURSE
COURSE NAME
CREDIT HOURS
SADN1013
Islamic and Asian Civilization
3
SADN1033
Nationhood of Malaysia
3
SADN1043
Ethnic Relationship
3

English Courses (6 credit hours)
 
SBLE1032
Communication I
2
SBLE1042
Communication II
2
SBLE2102
Process Writing
2

Management Course (3 credit hours)
 
BPME1013
Fundamentals to Entrepreneurship
3

Co-Curriculum Course (4 credit hours)
Choose any of the Co-Curriculum courses
(except for PALAPES and KOR SUKSIS POLIS 6 credit hours)

4


B. PROGRAMME CORE (84 CREDIT HOURS)
 

Quantitative Course (3 credit hours)
 
SQQM1023
Mathematics for Management
3
SQQS1013
Introduction to Statistics
3

Information technology Course (3 credit hours)
 
STID1103
Computer Application in Management
3

Malay Language Course (3 credit hours)
Choose one (1) from the following:
 
SBLM1013
Introduction to Translation
3
SBLM1023
Introduction to Writing
3
SBLM1033
Introduction to Language Style
3
SBLM1043
Languag, Culture and Society
3
SBLM1053
Malay Language Management
3

Arabic Language Course (3 credit hours)
 
SPLS1033
Foundation of Arabic Language for Muamalat
3

Economic Courses (6 credit hours)
 
SEEB2013
Microeconomics
3
SEEB2023
Macroeconomics
3

Management Courses (6 credit hours)
 
BPMM1013
Introduction to Marketing
3
BPMN1013
Introduction to Management
3

Social Science Course (3 credit hours)
Choose one (1) from the following:
 
SMJA1013
Introduction to Social Science
3
SSYA1013
Introduction to Psychology
3

Accounting Course (3 credit hours)
 
BKAF1023
Fundamental of Accounting
3

Ethics Course (3 credit hours)
SGDN2023
Business Ethics
3

Finance and Banking Courses (15 credit hours)
 
BWFF2013
Financial Management I
3
BWFF2023
Financial Management II
3
BWRR3063
Financial Risk Management
3
SGDN2023
Business Ethics
3

Islamic Finance and Banking Courses (36 credit hours)
 
BWBS3043
Islamic Banking Management
3
BWFS1013
Fundamentals of Islamic Economy
3
BWFS2013
Philosophy of Islamic Business and Finance
3
BWFS2023
Islamic Financial Management
3
BWFS2033
Regulations in Islamic Finance and Banking
3
BWFS2043
Islamic Credit Management
3
BWFS2073
Usul Fiqh for Finance and Banking
3
BWFS3013
Islamic Investment
3
BWFS3023
Islamic Accounting
3
BWFS3043
Strategic Management for Islamic Financial Institutions
3
BWFS3053
Qawaid Fiqh for Finance and Banking
3
BWFS3093
Seminar in Islamic Finance and Banking or Thesis
3

BWFS3993
or
Thesis

3

C. PROGRAMME ELECTIVE (9 CREDIT HOURS)
 
Choose any THREE (3) of the following courses or Practicum and ONE (1) course in order to fulfil 9 credit hours
Management and Law Courses
 
BSMH3163
Human Resource Management in Islamic Perspective
3
BPMN3143
Research Methodology
3
GLUL2023
Business Law
3

Banking Courses
 
BWBB2013
Bank Management
3
BWBB3033
International Banking
3
BWBB3023
Lending Management
3
BWBB3043
Banking Security
3
BWBB3093
Offshore Banking
3

Finance Courses
 
BWFE3013
Real Estate Management
3
BWFF3033
Financial Market and Institution
3
BWFF3043
International Finance
3
BWFF3053
Financial Modeling
3
BWFF3063
Financial Theory
3
BWFF3073
Personal Finance
3

Risk Management and Insurance Courses
 
BWRS2013
Takaful
3
BWRR3023
Actuarial Science
3
BWRR3033
Risk Management
3

Islamic Finance and Banking Courses
 
BWBS2013
Islamic Banking Operations
3
BWFS2053
Fund Management in Islamic Institutions
3
BWFS2063
Marketing of Islamic Financial Services
3
BWBS3013
Islamic Trade Finance
3
BWBS3023
Islamic Treasury Management
3
BWBS3033
Collaterals in Islamic Financing
3
BWFS3033
Taxation in Islamic Finance and Banking
3

Practicum
 
BWSX3996
Practical Training
6

D. FREE ELECTIVE (3 CREDIT HOURS)
Students can choose any course offered by other programs within the same faculty or any course offered by other faculties subject to the followings:
a. Must fulfill pre-requisite course if any.
b. Equivalent courses are NOT considered as free elective.

Total Overall Credits Hours: 118 Credit Hours
Semester System
Universiti Utara Malaysia operates on semester system. Each academic session consists of two semesters which commences in July and November. Students must attend fourteen (14) week of lectures and tutorials in each semester and followed by three (3) weeks of examination. Under normal circumstances, to qualify for a degree, a student is required to satisfy a minimum duration of six (6) semesters. Within this period, they must complete a minimum number of credits specified by each programme. Students’ achievements are continuously evaluated throughout the semester.

Students will earn grade point for each course taken. The Cumulative Grade Point Average (CGPA) will be calculated at the end of each semester. This calculation will continue until a student has successfully completed the amount of credits that is required for each programme.

In order to qualify for a degree, a student must achieve Cumulative Grade Point Average (CGPA) of at least 2.00. If he/she failed to achieve CGPA of 2.00 in his/her final semester, a student may continue until the tenth (10) semester. In certain cases the University Senate will consider exemptions in the form of transfer of credit. A student granted with such an exemption will be able to graduate in less than six (6) semesters.

Students who apply for transfer of credit must prove the course that the course they have taken at another institution is equivalent value with the one offered by University.

Admission Requirements
 
i) SPM
  • A pass in SPM/equivalent and;
  • Credit in Bahasa Malaysia/Bahasa Melayu
    (A pass with at least grade E in Bahasa Melayu/Malay Literature at STPM level can be accepted as a substitute for the credit in Bahasa Malaysia/Bahasa Melayu at SPM level)
  • A pass in English and
  • Credit in Mathematics/Additional Mathematics
    ( A pass in Mathematics/Additional Mathematics and credit in Principal of Accounting/Elementary Economics/Commerce at SPM level can be accepted as a substitute for the credit in Mathematics/Additional Mathematics)
Or
ii) STPM
  • Pass at one sitting of the STPM examination with at least;
  • Grade E in Pengajian Am/Kertas Am and;
  • Grade E in two other subjects
Or
iii) DIPLOMA
  • Possesses Diploma or other qualifications recognized by the Malaysian government and accredited by the UUM senate;
and
 
iv) Taken the Malaysian University English Test (MUET)
 
How to Apply
Universiti Utara Malaysia operates on semester system. Each academic session consists of two semesters which commences in July and November. Students must attend fourteen (14) week of lectures and tutorials in each semester and followed by three (3) weeks of examination. Under normal circumstances, to qualify for a degree, a student is required to satisfy a minimum duration of six (6) semesters. Within this period, they must complete a minimum number of credits specified by each programme. Students’ achievements are continuously evaluated throughout the semester.

Students will earn grade point for each course taken. The Cumulative Grade Point Average (CGPA) will be calculated at the end of each semester. This calculation will continue until a student has successfully completed the amount of credits that is required for each programme.

In order to qualify for a degree, a student must achieve Cumulative Grade Point Average (CGPA) of at least 2.00. If he/she failed to achieve CGPA of 2.00 in his/her final semester, a student may continue until the tenth (10) semester. In certain cases the University Senate will consider exemptions in the form of transfer of credit. A student granted with such an exemption will be able to graduate in less than six (6) semesters.

Students who apply for transfer of credit must prove the course that the course they have taken at another institution is equivalent value with the one offered by University.

Financial
Students can apply for scholarships/loans from various organizations namely JPA/MARA, PTPTN, the State Governments, statutory bodies and the private sector. Details can be obtained directly from the respective establishments mentioned. Advertisements for the offer of scholarships/loans will usually be placed in local newspapers.

To assist students, the Students Affairs Department will contact scholarship/loan sponsors from time to time for sources of aid.

 
Dean
Faculty of Business and Accountancy
University of Malaya
50603 Lembah Pantai
Kuala Lumpur
MALAYSIA

Tel:  +603-7967 3974 (Undergrad.)
        +603-2617 3044 (Postgrad.)

Fax: +603-7967 3980
Email: dekan_fpp@um.edu.my
 
Maklumat ini telah dipetik terus dari laman Faculty of Business and Accountancy ,
Universiti Malaya , pada 13 Mei 2010