MASTER OF ISLAMIC MANAGEMENT AND FINANCE (COURSEWORK)

MASTER OF ISLAMIC MANAGEMENT AND FINANCE

Programme Overview

To introduce the main themes and topics in the study of Islamic management and finance. At the end of the course, students are expected to explain and apply the knowledge and skills acquired in studies of the Islamic management and finance at the advanced stage.

Full-Time Duration: 3 Semesters (Coursework)

Programme Structure

General Core Courses

IQB7001 - Research Methodology
IQB7002 - Maqasid Shariah in Fiqh Muamalat
IQB7003 - Legal Deduction and Islamic Legal Maxim
IQB7004 - Tawhid and Islamic Ethics

Research Course

IQB7010 - Research Projects

Discipline Core Course

IQB7005 - Islamic Banking and Financial System
IQB7006 - Islamic Management System and Corporate Governance
IQB7007 - Islamic Business Venture Development Management
IQB7008 - Seminar in Islamic Management and Finance
IQB7009 - Islamic Financial Market and Legal Framework

Elective Course (choose three courses only)

IQB7011 - Islamic Corporate Finance
IQB7012 - Shariah Fintech
IQB7013 - Risk Management and Takaful
IQB7014 - Islamic Wealth Management
IQB7015 - Shariah Monitoring and Auditing
IQB7016 - Human Capital Management
IQB7017 - Islamic Strategic Management
IQB7018 - Islamic Strategic Marketing
IQB7019 - Halal Industry Management and Globalization

Career Prospects

Islamic Finance Consultant, Shariah Compliance Officer, Islamic Banking Specialist, Financial Analyst (Islamic Finance), Islamic Wealth Manager, Risk Management Specialist (Islamic Finance), Islamic Corporate Governance Advisor, Takaful Specialist, Islamic Business Development Manager, Halal Industry Manager, Shariah Auditor, Islamic Strategic Management Consultant, Seminar Facilitator in Islamic Management, Shariah Fintech Developer, Islamic Financial Market Analyst.

Tuition Fee

Local

RM21,500

International

RM33,000

Intake

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

Entry Requirement

General Entry Requirements

For applicants with a CGPA of not less than 3.00:
- Possess a Bachelor’s Degree with a CGPA of not less than 3.00; or
For applicants with a CGPA of 2.50 – 2.99 (must fulfill at least one of the following):
- Graduate from Universiti Malaya; or
- Accumulate at least one (1) year of work experience in related fields; or
- Produce publications in related field; or
- Receive a scholarship; or
- Serve as a staff member of a government agency; or
- Pass an interview conducted by the Faculty; or
- Pass a special evaluation by the Faculty

Specific Entry Requirements

General University Requirements: Fulfill the General University Requirements
Bachelor’s Degree Qualification: Possess an Honours Bachelor's Degree
Equivalent Qualification: N/A
Related fields: Possess a Bachelor's Degree in Muamalat, Islamic Studies or any related field
Special Requirements: Candidates must complete several additional courses as determined by the Faculty.

English Requirements

Malaysia University English Test (MUET): Band 4.0; or
International English Language Testing System (IELTS) Academic: Band 5.5; or
Test of English as a Foreign Language (TOEFL) – Paper-Based Test (PBT): Not applicable; or
Test of English as a Foreign Language (TOEFL) – Internet-Based Test (IBT) (Centre-Based): Score 46; or
Test of English as a Foreign Language (TOEFL) – Computer-Based Test (CBT): Not applicable; or
Test of English as a Foreign Language (TOEFL) – Essential Online: Score 8.0; or
Pearson Test of English (PTE) Academic: Score 51; or
Cambridge English Qualifications and Tests – Linguaskill Online: Not applicable; or
Cambridge English – B1 Preliminary, B2 First, C1 Advanced, C2 Proficiency: Score 160; or
Cambridge English – B2 Business Vantage, C1 Business Higher: Not applicable; or
Occupational English Test (OET) (Conventional / Online): Not applicable; or
Cambridge English: First (FCE): Not applicable; or
Cambridge English: Advanced (CAE): Not applicable; or
Cambridge English: Proficiency (CPE): Not applicable