International Islamic University Malaysia

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Master of Science in Finance

The Department of Finance introduced the Master of Science in Finance in 2001. This programme aims to provide students with both practical skill and theoretical knowledge that integrate Islamic concepts and values to enable them to become competent practitioners in both Islamic and conventional finance. The Department's strength are in the areas of Islamic Finance, Islamic Monetary System and Gold Dinar

Programme Description

Programme Options

Option 1:

A total of 42 credit hours that comprise five of core and elective courses, four specialization courses.

Option 2:

A total of 36 credit hours that comprise five core, three elective courses, four specialization courses, and a research project (6 cr)

Duration

Students may enrol on a full-time or part-time basis. Full-time students must enrol for a minimum of 9-12 credit hours per semester. Part-time students may register for 6 credit hours each semester. The duration of studies for both full-time and part-time students is as follows:

Status	Minimum	Normal	Maximum
Part time	2 academic years	4academic years	5 academic years
Full time	1 1/2academic years	2 academic years	3 academic years

Entry Requirements

Programme Structure

Core Courses

Course Code	Course Name
FIN 6130	Managerial Finance
ECON 6030	Advanced Quantitative Methods
FIN 6610	Money, Banking & Capital Markets
ECON 6120	Business Economics
FIN 6263	International Finance

Elective Course

Course Code	Course Name
FIN 6650	Fiqh Muamalat
ACC 6830	Accounting for Islamic Institutions
FIN 6253	Islamic Financial Planning
ECON 6862	Islamic Capital Markets
ECON 6816	Islamic Banking Systems and Operations

ECON 6816	Islamic Banking System and Operations
FIN 6820	Financial Derivatives
FIN 6251	Portfolio Management
FIN 6850	Corporate Finance
FIN 6830	Company Evaluation
FIN 6264	Seminar in Finance

Elective Courses

Course Code	Course Name
FIN 6263	International Finance
FIN 6265	Financial Statement Analysis
ACC 6110	Financial and Managerial Accounting
ACC 6610	Financial Accounting and Reporting
ACC 6810	Islamic Accounting and Finance
INFO 6240	Management Information Systems
ECON 6210*	Macroeconomics
ECON 6610*	Islamic Economic Thought
ECON 6740*	International Trade
ECON 6810	Financial Economics

ADMISSION REQUIREMENTS

A relevant Bachelor's degree with good grades (CGPA 3.0) from an accredited instituion of higher learning or any other certificates recognized 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.
* All information is correct at the time of publication. All requirements are subject to amendment by the Management of International Islamic University Malaysia.

Courses