BACHELOR OF ECONOMICS

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BACHELOR OF ECONOMICS


Programme Overview

The Bachelor of Economics programme is designed to provide solid grounding in theory and economic knowledge and improve the critical and analytical skills of students.The core and elective courses are shaped to produce graduates with broad based as well as specialized knowledge.


The newly introduced specialization system has provided students the option to specialize in one of five (5) areas, namely;

• Applied Economics

• Financial Economics

• Development Studies

• Public Administration

• Applied Statistic and Analytics


Duration:  3.5 Years (7 Semester), Full time (Coursework)

Programme Structure (GROUP K1 FROM YEAR 1)

  1. Philosophy and Current Issues / Malay Language Communication
  2. English Communication Courses
  3. Microeconomics I
  4. Statistics I
  5. Politics and Public Administration
  6. Introduction to Financial Mathematics and Accounting
  7. University Elective Courses: SHE 1 Cluster: Making the World a Better Place
  8. English Communication Course
  9. Appreciation of Ethics and Civilisations
  10. Microeconomics I
  11. Mathematics
  12. Statistics II
  13. Programming Tools for Economics
  14. University Elective Courses: SHE 2 Cluster: Mind, Body & Soul
  15. University Elective Courses: SHE 3 Cluster: i-Techie
  1. Co-Curriculum
  2. Basic Entrepreneurship Enculturation
  3. Microeconomics II
  4. Introduction to Computer Assisted Data Analysis
  5. Mathematical Economics
  6. Econometrics I
  7. Malaysian Economy in Globalised World
  8. Microeconomics II
  9. Development Economics
  10. Public Policy and Economy
  11. Econometrics II
  12. Elective Courses Specialization - Elective 1 (Elective Specialization)
  13. Elective Courses Specialization - Elective 2 (Elective Specialization)
  14. Elective Courses Specialization - Elective 3 (Elective Specialization)
  1. Research Methodology
  2. Macroeconomics III
  3. Development of Economic Thought
  4. Elective course: Specialisation course 4
  5. Elective course: Specialisation course 5
  6. Elective course: Specialisation course 6
  7. Elective course: Specialisation course 7
  8. Critical Thinking in Economics
  9. Macroeconomics III
  10. Academic Research
  11. Elective course: Specialisation: Elective 8 (Faculty Elective)
  12. Elective course: Specialisation: Elective 9 (Faculty Elective)
  13. Elective course: Specialisation: Elective 10 (Faculty Elective)
  14. Elective course: Specialisation: Elective 11 (Faculty Elective)
  1. Industrial Training

Note:


LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

APPLIED ECONOMICS

  1. Labor Economics
  2. Environmental Economics
  3. Islamic Economics
  4. Urban Economics
  5. Transportation Economics
  6. Industrial Organisation
  7. Game Theory
  8. Health Economics
  9. Behavioral Economics
  10. Digital Economics

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

FINANCIAL ECONOMICS

  1. Money and Banking
  2. Monetary Economics
  3. International Trade Theory
  4. Financial Economics
  5. International Finance
  6. Financial Mathematics
  7. Behavioral Finance
  8. Islamic Banking and Finance
  9. Business Computing and Analytics
  10. Time Series Analysis
  11. Financial Econometrics

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

DEVELOPMENT STUDIES

  1. Small and Medium Enterprises
  2. Gender and Development
  3. Microfinance and Social Enterprise
  4. Sociology
  5. Green Economy and Sustainable Development
  6. Co-Operative Development
  7. Agriculture Development
  8. Globalization and Inclusive Development
  9. Community Development
  10. Poverty, Inequality and Economic Growth
  11. Land Economics

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

PUBLIC ADMINISTRATION

  1. Malaysian Politics
  2. Local Government and Urban Management
  3. Malaysian Administrative and Legislative System
  4. Contemporary Quality Management
  5. Foundations of Political Philosophy
  6. Human Resource Management and Organisational Behaviour
  7. Federalism
  8. Policy and Public Management
  9. International Political Economy
  10. Industrial Relations
  11. Management and Project Analysis Techniques

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

APPLIED STATISTICS AND ANALYTICS

  1. Survey and Sampling Methods
  2. Business Computing and Analytics
  3. Data Analysis
  4. Management Science
  5. Demographic Techniques and Applications
  6. Advanced Statistics
  7. Time Series Analysis
  8. Actuarial Mathematics
  9. Applied Analytics
  10. Financial Econometrics
  11. Design of Experiments


Programme Structure (GROUP K2 FROM YEAR 1)

  1. Philosophy and Current Issues / Malay Language Communication
  2. English Communication Course
  3. Statistics I
  4. Microeconomics I
  5. Programming Tools in Economics
  6. Mathematics
  7. University Elective Courses: SHE 1 (Cluster: Making the World a Better Place)
  8. English Communication Courses
  9. Appreciation of Ethics and Civilisations
  10. Microeconomics I
  11. Introduction to Financial Mathematics and Accounting
  12. Politics and Public Administration
  13. Statistics II
  14. University Elective Courses: SHE 2 (Cluster: Mind, Body & Soul)
  15. University Elective Courses: SHE 3 (Cluster: i-Techie)
  1. Co-Curriculum
  2. Basic Entrepreneurship Enculturation
  3. Macroeconomics II
  4. Introduction to Computer Assisted Data
  5. Development Economics
  6. Econometrics I
  7. Public Policy and Economy
  8. Microeconomics II
  9. Mathematical Economics
  10. Malaysian Economy in Globalised World
  11. Econometrics II
  12. Elective Courses Specialization - Elective 1 (Elective Specialization)
  13. Elective Courses Specialization - Elective 2 (Elective Specialization)
  14. Elective Courses Specialization - Elective 3 (Elective Specialization)
  1. Research Methodology
  2. Macroeconomics III
  3. Critical Thinking in Economics
  4. Elective Courses Specialization - Elective 4 (Elective Specialization)
  5. Elective Courses Specialization - Elective 5 (Elective Specialization)
  6. Elective Courses Specialization - Elective 6 (Elective Specialization)
  7. Elective Courses Specialization - Elective 7 (Elective Specialization)
  8. Development of Economics Thought
  9. Microeconomics III
  10. Academic Research
  11. Elective Courses Specialization - Elective 8 (Elective Specialization)
  12. Elective Courses Specialization - Elective 9 (Elective Specialization)
  13. Elective Courses Specialization - Elective 10 (Elective Specialization)
  14. Elective Courses Specialization - Elective 11 (Elective Specialization)
  1. Industrial Training

Note:


LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

APPLIED ECONOMICS

  1. Labor Economics
  2. Environmental Economics
  3. Islamic Economics
  4. Urban Economics
  5. Transportation Economics
  6. Industrial Organisation
  7. Game Theory
  8. Health Economics
  9. Behavioral Economics
  10. Digital Economics

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

FINANCIAL ECONOMICS

  1. Money and Banking
  2. Monetary Economics
  3. International Trade Theory
  4. Financial Economics
  5. International Finance
  6. Financial Mathematics
  7. Behavioral Finance
  8. Islamic Banking and Finance
  9. Business Computing and Analytics
  10. Time Series Analysis
  11. Financial Econometrics

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

DEVELOPMENT STUDIES

  1. Small and Medium Enterprises
  2. Gender and Development
  3. Microfinance and Social Enterprise
  4. Sociology
  5. Green Economy and Sustainable Development
  6. Co-Operative Development
  7. Agriculture Development
  8. Globalization and Inclusive Development
  9. Community Development
  10. Poverty, Inequality and Economic Growth
  11. Land Economics

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

PUBLIC ADMINISTRATION

  1. Malaysian Politics
  2. Local Government and Urban Management
  3. Malaysian Administrative and Legislative System
  4. Contemporary Quality Management
  5. Foundations of Political Philosophy
  6. Human Resource Management and Organisational Behaviour
  7. Federalism
  8. Policy and Public Management
  9. International Political Economy
  10. Industrial Relations
  11. Management and Project Analysis Techniques

LIST OF SPECIALIZATION AND RELATED ELECTIVE COURSES

APPLIED STATISTICS AND ANALYTICS

  1. Survey and Sampling Methods
  2. Business Computing and Analytics
  3. Data Analysis
  4. Management Science
  5. Demographic Techniques and Applications
  6. Advanced Statistics
  7. Time Series Analysis
  8. Actuarial Mathematics
  9. Applied Analytics
  10. Financial Econometrics
  11. Design of Experiments


Career Prospects

Economist, Financial Analyst, Policy Analyst, Market Research Analyst, Economic Consultant, Investment Analyst, Data Analyst, Risk Analyst, Statistician, Budget Analyst, Research Officer, Business Analyst, Trade Analyst, Actuarial Analyst, Public Sector Economist, Development Economist, Banking Officer, Corporate Strategist.

Tuition Fee

Local (SATU)

RM67,100

(Note: This fee is not applicable for UPU applicant)

International

RM77,100

Intake

Semester 2 (March) Intake, Academic Session 2025//2026

Entry Requirement

STPM
  • Malaysian citizen
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects
Matriculation / Foundation
  • Malaysian citizen
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects
STAM
  • Not Offered
Diploma / Equivalent
  • Malaysian citizen
  • Possess a Diploma in the field of Finance, Banking, Insurance or a related field recognized by the Government of Malaysia and approved by the Senate of the University of Malaya with a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects
UM SATU Foundation
  • Malaysian citizen
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects
GEC A-Level
  • Malaysian citizen
  • Obtain a recognized GCE A-Level qualification
  • Obtain a minimum of grade B in TWO (2) subjects: Accounting, Mathematics, Economics, Business Studies, Physics, Chemistry
International Baccalaureate (IB)
  • Malaysian citizen
  • Obtain a minimum score of 30 points
  • Obtain at least Grade 5 (HL) / 6 (SL) in TWO (2) subjects: Mathematics, Economics, Business Studies, Physics, Chemistry
AUSMAT
  • Malaysian citizen
  • Obtain a minimum score of 80 in the Australian Tertiary Admissions Rank (ATAR)
  • Obtain a minimum of grade B in TWO (2) subjects: Mathematics, Business Management and Enterprise, Economics, Accounting and Finance, Physics, Chemistry
STPM (not from the current year)
  • Malaysian citizen
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects
Matriculation/Foundation(not from the current year)
  • Malaysian citizen
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects
IPTS Foundation
  • Malaysian citizen
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in TWO (2) subjects

Additional Requirement

  • Possesses good vision, hearing, or speech and is not color blind
Senior High School Certificate (SHSC)
  • Pass with a minimum average of 65%
  • Obtain a minimum of 60% / grade B- in any TWO (2) subjects: Accounting/Mathematics/Business Studies/Economics/Physics/Chemistry
Matriculation / Foundation
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum grade of B- in any TWO (2) subjects: Accounting/Mathematics/Economics/Business Studies/Physics/Chemistry/Business in Technology/Financial Accounting/Management Accounting
Diploma
  • Obtain a minimum CGPA of 3.00
  • Obtain a minimum of grade B- in any TWO (2) subjects: Accounting/Mathematics/Economics/Business Studies/Physics/Chemistry
GEC A-Level
  • Obtain a recognize GCE A-Level Qualification
  • Obtain a minimum of grade B in any TWO (2) subjects: Accounting/Mathematics/Economics/Business Studies/Physics/Chemistry
International Baccalaureate (IB)
  • Obtain a minimum score of 30 points
  • Obtain a minimum of grade 5 (HL) / 6 (SL) in any TWO (2) subjects: Mathematics/Economics/Business Studies/Physics/Chemistry
AUSMAT
  • Obtain a minimum score of 80 in the Australian Tertiary Admissions Rank (ATAR)
  • Obtain a minimum of grade B in any TWO (2) subjects: Mathematics/Business Management and Enterprise/Economics/Accounting and Finance/Physics/Chemistry
Additional Requirements:
  • Candidates who apply must be physically fit, not suffering from any mental or physical illness and able to follow the program of study designed for this course.

English Language Requirements

  • Obtain a minimum of Band 4.0 in MUET for examinations starting from Session 1 of the year 2021, or Band 4.0 for examinations up to the year 2020, according to the validity period on the date of application
  • However, applicants without MUET but with the following results may be considered for conditional admission, provided they fulfill the MUET requirement within ONE (1) academic session:
    • Obtain at least Band 6.0 (Academic) in IELTS;
    • Obtain a minimum score of 60 in TOEFL iBT (Centre-based)
    • Obtain a minimum score of 59 in Pearson Test of English (PTE)
    • Obtain a minimum score of 169 (B1 Preliminary, B2 First, C1 Advanced, C2 Proficiency) / 200 (Occupational English Test (OET) – conventional /online)
  • Obtained a minimum English language Competency in any ONE (1)of the following requirements:
    • MUET 4.0
    • IELTS (Academic) 6.0
    • TOEFL iBT (Centre-based) 60
    • TOEFL Essentials (Online) 8.5
    • Pearson Test of English (PTE Academic) 59
    • Cambridge English Qualifications & Tests B1 Preliminary, B2 First, C1 Advanced, C2 Proficiency 169