Postgraduate

Featured Course

MASTER OF BUSINESS ADMINISTRATION

Offered By: International Islamic University Malaysia (IIUM)

(Areas of specialisation: General Management / Strategic Management / Finance / Islamic Banking and Finance )

Overview
The International Islamic University Malaysia’s MBA programme was launched in 1995. The MBA programme is specially designed to meet the needs of potential managers and executives. The programme is designed along the lines of American MBA programmes and provides students with a strong foundation in the concepts, principles and techniques of modern business management. The programme’s convenient modular format provides mid-career professionals the opportunity for both career advancement, as well as corporate networking.

MBA Programme Objectives
Upon completing the programme, students will have gained:

• an integrated understanding of the core disciplines of management;
• develop the skills in solving business problems;
• develop leadership, communication and interpersonal skills through working in small groups and involvement in presentations and discussions;
• acquire in-depth knowledge of their chosen areas of specialisation;
• the motivation to implement change and to improve existing management practices; and
• an ability to withstand sustained pressure and to meet strict deadlines.

Course Structure (Full-time)
The total duration of study is 18 months or 4 semesters. Each semester has a duration of 12 weeks. There will be three such semesters within an academic year. Courses will generally be conducted on weekday evenings (6.30 p.m. – 10.00 p.m.) with each course having a 3 ½ hour lecture per week. Examinations will be conducted at the end of each semester and will be followed by an inter-semester break.

Students are expected to take 4 courses per semester in the first 3 semesters. In the final semester, students are required to take 2 core courses and either complete a project paper related to their area of specialisation (6 credit hours) or take 2 elective courses in lieu of the project paper.

The programme now has four areas of specialisation:

• General Management
• Strategic Management
• Finance
• Islamic Banking and Finance

Ten of the 14 courses are common to all areas of specialisation. Each area of specialisation has four specialisation courses relevant to the respective subject area.

The project paper will be in the area of specialisation of the student, and will be supervised by a member of the teaching faculty.
Candidates will be expected to submit a short written proposal of their intended research topic towards the end of the third semester (i.e. upon completion of their respective four specialised courses). The final project paper will be due for submission at the end of the final semester or a subsequent date as determined by the Project Paper Committee.

A sample of a student’s study plan is as follows:

Year 1
Semester 1
MGT6110 ACC6110 MKTG6120 ECON6120	Managing Corporate Resources Financial and Managerial Accounting Marketing Management Business Economics
Semester 2
ECON6130 FIN6130 MGT6240 MGT6241	Quantitative Decision Making Managerial Finance Management Information Systems (MIS) Operations Management Business Law
Semester 3 (Specialization Semester)
Finance
FIN6251 FIN6263 FIN6264 FIN6252 FIN6255	Portfolio Management International Finance Managing Risks with Futures & Options Financial Planning & Strategy Financial Analysis for Decision Making
Management
MGT6251 MGT6550 MGT6252 INFO6210	Human Resource Management Organizational Behavior International Business Organizational Change and Development
Islamic Banking & Finance
FIN6620 FIN6630 FIN6640 FIN6650	Al-Shari’ah Economics & Society Fiqh Mu’amalah in Banking & Finance Islamic Financial System & Environment Accounting & Control of Islamic Financial Institutions
Strategic Management
MGT6253 MGT6255 MGT6266 FIN6252 FIN6255	Management Control Systems Organizational Change and Development Advanced Strategic Management Financial Planning & Strategy Financial Analysis for Decision Making
Semester 4
MGT6370 MGT6263	Comparative Busines Ethics Management Policy & Corporate Strategy 2 Elective Courses or a Dissertation

(Note: The programme structure is subject to change without prior notice)

Course Structure (Part-time)
The programme comprises 8 semesters spanning 2 years 6 months to be covered on a part-time basis. Each semester is 12 weeks
long (not inclusive of examination period) and there will be 3 such semesters in a calendar year. Students will typically take up 2 courses per semester and 1 course in the final semester. Courses will be conducted on Saturdays from 3.00 - 6.30 pm and Sundays from 9.00 am - 12.30 pm.

Each course will have a 3 ½ hour lecture each week; therefore, there will be 7 hours of lecture per week. Exams will be conducted in between semesters and will be followed by inter semester breaks. Students are required to complete 11 core courses. In the fourth semester, they can decide either to complete a Project Paper (6 credit hours) or to take 2 elective courses in lieu of the Project Paper. The Project Paper will be in the area of management, and will be supervised by a member of the teaching faculty. Students will be expected to submit a short written proposal of their intended research topic towards the end of the fourth semester. The final Project Paper will be due for submission at the end of the final semester or a subsequent date as determined by the Project Paper Committee.

Year 1
Semester 1
MGT6110 Managing Corporate Resources ACC6110 Financial and Managerial Accounting
Semester 2
MKTG6120 Marketing Management ECON6120 Business Economics
Semester 3 (Specialization Semester)
ECON6130 Quantitative Decision Making FIN6130 Managerial Finance
Year 2
Semester 4
INFO6240 Management Information Systems (MIS) MGT6240 Operations Management MGT6241 Business Law
Semester 5
Finance FIN6251 Portfolio Management FIN6252 Financial Planning Strategy FIN6255 Financial Analysis for Decision Making Management MGT6251 Human Resource Management MGT6550 Organizational Behavior Organizational Behavior Islamic Banking and Finance FIN6620 Al-Shari’ah Economics & Society FIN6630 Fiqh Mu’amalah in Banking & Finance Strategic Management MGT6253 Management Control Systems FIN6252 Financial Planning Strategy FIN6255 Financial Analysis for Decision Making
Semester 6
Finance FIN6263 International Finance FIN6264 Managing Risks with Futures & Options General Management MGT6252 International Business INFO6210 Organizational Change and Development Islamic Banking and Finance FIN6640 Islamic Financial System & Environment FIN6650 Accounting & Control of Islamic Financial Institutions Strategic Management MGT6255 Organizational Change and Development MGT6266 Advanced Strategic Management
Year 3
Semester 7
MGT6370 Comparative Busines Ethics MGT6263 Management Policy & Corporate Strategy
Semester 8
2 Elective Courses or a Dissertation

(Note: The programme structure is subject to change without prior notice)

List of Elective Courses

• Global Trade Issues (ECON 6140)
• Innovation and Technology Management (MGT 6254)
• Managerial Communication (MGT 6277)
• Total Quality Management (MGT 6650)
• Business Law for Managers (MGT 6241)
• Telecommunication and Networking for Managers (INFO 6620)
• Corporate IT Management (MGT6210)
• Database Management (INFO 6630)
• System Analysis and Design for Managers (INFO 6610)

Admission Requirements
For Full-time MBA

• A good bachelor’s degree from IIUM or any other institution of higher learning approved by the University Senate. A professional qualification which is certified equivalent to a degree under Malaysian laws and approved by the University Senate can also be considered.
• Work experience in a management or executive position would be an advantage. Candidates without work experience, who have done well in their studies (CGPA of 3.00 or more, or its equivalent) may be considered for admission into the full-time programme only.
• Proficiency in the English language (where necessary, candidates may be required to sit for an English language proficiency test).
• A minimum score of 550 (PBT-TOEFL), 213 (CBT-TOEFL), 6.0 (IELTS) or 6.0 (EPT) is required for international applicants.
• Ability in Mathematics/Quantitative Subjects

For Part-time MBA

• A good bachelor’s degree from IIUM or any other institution of higher learning approved by the University Senate. A professional qualification which is certified equivalent to a degree and approved by the University Senate can also be considered.
• A minimum of 2 years’ work experience in a management or executive position is required.
• Proficiency in the English language (where necessary, candidates may be required to sit for an English language proficiency test).
• A minimum score of 550 (PBT-TOEFL), 213 (CBT-TOEFL), 6.0 (IELTS) or 6.0 (EPT) is required for international applicants.

Note:
PBT-TOEFL = Paper based test TOEFL
CBT-TOEFL = Computer based test TOEFL
EPT = English Placement Test

MBA Fee Structure

	Malaysian	International
Registration (non-refundable)	RM 3,540.00	RM 5,400.00
Total tuition fees	RM 14,910.00	RM 19,600.00
(Fee - per course)	(RM 1,065.00)	(RM 1,400.00)
Alumni fee	RM 50.00	-
Grand total	RM 18,500.00	RM 25,000.00

(Note: Fee is subject to change without prior notice)

The above tuition fees exclude the fees for two additional courses should the student choose to take the courses in lieu of the project paper.

MBA Graduation Requirements
In order to graduate from the Master of Business Administration programme, a student must have completed 48 credit hours of study from the Management Centre with a grade no lower than C for any subject and a final CGPA of 3.00.

Out of the 48 credit hours, 30 credit hours will come from these compulsory courses:

• ACC 6110 – Financial and Managerial Accounting
• MGT 6110 – Managing Corporate Resources
• ECON 6130 – Quantitative Decision Making
• MGT 6370 – Comparative Business Ethics
• MGT 6263 – Management Policy and Corporate Strategy
• ECON 6120 – Business Economics
• MKTG 6120 – Marketing Management
• MGT 6241 – Business Law or MGT 6240 – Operations Management
• FIN 6130 – Managerial Finance
• INFO 6240 – Management Information Systems

Each student must also successfully complete the specialisation requirements (12 credit hours) as follows:

• Finance
  • FIN 6251 – Portfolio Management
  • FIN 6252 – Financial Planning and Strategy or FIN 6255–Financial
• Analysis for Strategic Decision Making
  • FIN 6264 – Managing Risks with Futures and Options
  • FIN 6263 – International Finance
• Islamic Banking & Finance
  • FIN 6620 – Asharia’ah Economics and Society
  • FIN 6630 – Fiqh Muamalah in Banking and Finance
  • FIN 6640 – Islamic Financial System and Environment
  • FIN 6650 – Accounting and Control of Islamic Financial Institutions
• General Management
  • MGT 6550 – International Business
  • MGT 6251 – Human Resource Management
  • MGT 6255 – Organisational Change and Development
  • MGT 6252 – Organisational Behaviour
• Strategic Management
  • FIN 6252 – Financial Planning & Strategy or FIN 6255– Financial Analysis
  • MGT 6255 – Organizational Change and Development
  • MGT 6253 – Management Control Systems
  • MGT 6266 – Advanced Corporate Strategy

Finally, the final 6 credit hours will be in the form of a project paper of approximately 10,000 words. However, the student may also opt to take two elective subjects in lieu of the project paper.