Bachelor of Business Administration (Islamic Financial Planning) (Hons.)

  Institution: Private: Universiti Tun Abdul Razak

MQA Code: A 9789

Objective

• to develop Financial Planners who are knowledgeable and competent in practicing Islamic principles in their field of work;
• to develop Financial Planners who are able to comprehend the mechanisms in implementing Islamic disciplines in current scenario, in the areas of business and financial planning;
• to develop Financial Planners who are competitive and are continuously acquiring knowledge through lifelong learning;
• to produce Financial Executives who are capable of imparting information about Islamic banking and finance to a society with diversified cultures and customs; (this sentenced is being rephrased)
• to produce Islamic Financial Planners who are professional and ethical in carrying out their duties, and who fulfill their responsibilities to the Creator, the country and its nation; and
• to produce Financial Planners who think critically about their assessments and actions to enable them to overcome current issues pertaining to Islamic financial planning.

Upon successful completion of the programme, graduates will also be:

• awarded the Certified Islamic Finance Qualification (Banking) or CIFQ (Banking) by Islamic Banking and Finance Institute Malaysia (IBFIM);
• awarded the Basic Certificate in Islamic Banking and Takaful or BCIBT by IBFIM; and
• granted exemptions of 5 out of 6 modules for the Islamic Financial Planner (IFP) qualification by IBFIM-FPAM or Financial Planning Association of Malaysia, that is endorsed by the Securities Commission and Bank Negara Malaysia.

Why study in UNIRAZAK

UNIRAZAK recognises the rising importance of Islamic Finance, which is projected to grow tremendously and become a major force in global economics. With this in mind, our curriculum is jointly developed by experts within academia and the financial industry. UNIRAZAK collaborates with the Financial Planning Association of Malaysia (FPAM) and the Islamic Banking and Finance Institute Malaysia (IBFIM), which are prominent institutions endorsed by Bank Negara Malaysia, to develop and conduct a cutting-edge Islamic Financial Planning academic programme that positions its graduates to take full advantage of this upcoming field.

Upon successful completion of the programme, graduates will also be:

• Awarded a Basic Certificate in Islamic Banking and Takaful (BCIBT) by IBFIM
• Granted exemptions of 5 out of 6 modules for the Islamic Financial Planner (IFP) qualification by IBFIM-FPAM, that is endorsed by the Securities Commission and Bank Negara Malaysia (terms and conditions apply).

Requirements

3 Year-Programme

• Pass STPM with 2 principals or
• Pass matriculation, foundation or pre-university; or
• Diploma from UNIRAZAK with CGPA achievement at least 2.75; or
• Diploma from other Universities with CGPA achievement at least 3.00; or
• Diploma from Polytechnics under the Ministry of Education, Malaysia
• Equivalent qualification which is recognized by the Malaysian Government

4 Year-Programme

• Pass in SPM/SPMV/O-Level with 5 credits including Bahasa Malaysia, English and Mathematics or equivalent qualifications.

Other Requirements

English Proficiency Requirement
Malaysian Students

Students who enroll into Universiti Tun Abdul Razak Bachelor programmes must fulfill the following English proficiency requirements:

• Students who have a credit in English Language at the SPM/SPMV level are required to take additional English courses, depending on the level of proficiency.
• Students who do not have a credit in English Language at the SPM/SPMV level are required to undergo the Intensive English Programme.
• Students who have a distinction in English Language at the SPM/SPMV level are not required to take additional English courses.

Note: Additional charges will be imposed based on English placement level, in addition to the respective Programme Fee.

Students who enroll into Universiti Tun Abdul Razak Foundation and Diploma programmes must fulfill the following English proficiency requirements:

• Students are required to take all English courses as listed in the respective programme structures, beginning with English 1(ULC0013) regardless of grade obtained for the English Language subject at the SPM/SPMV level.

International Students

• TOEFL of 550 OR IELTS BAND 6 (for those without TOEFL and IELTS, discussion to offer Intensive English with CLGS will be done accordingly).
• The validity period for TOEFL and IELTS is two (2) years from the date of the award.

Structure

Year 1

Semester 1

• Study Skills
• Principles of Marketing
• Principles of Finance
• Principles of Management
• Economics

Semester 2

• Management Information Systems
• Business Law
• Business Communication
• Business Mathematics
• Organizational Behavior
• Principles of Accounting

Semester 3

• Pengajian Islam / Pendidikan Moral
• English for Academic Purposes
• Co-Curriculum 1

Year 2

Semester 4

• Cost and Management Accounting
• Bahasa Kebangsaan A
• Financial Management
• International Business
• Usul Fiqh
• Business Statistics

Semester 5

• Islamic Accounting Practices
• Entrepreneurship
• Production and Operations Management
• Fundamentals of Islamic Banking
• Human Resource Management
• Islamic Economics

Semester 6

• Pengajian Malaysia
• Corporate Social Policy
• Co-Curriculum 2

Year 3

Semester 7

• Islamic Law of Contracts
• Fiqh Muamalat
• Islamic Finance Regulations and Governance
• Islamic Financial Markets and Institutions
• Fundamentals of Islamic Financial Planning
• Risk Management and Takaful Planning

Semester 8

• Strategic Management
• Islamic Estate, Retirement and Waqf Planning
• Financial Planning Construction and Professional Responsibilities
• Zakat Management and Tax Planning
• Islamic Investment Planning

Semester 9

Practical Training

Description

Career possibilities include Wealth Management Officer/Manager, Regulation and Supervision Officer/Manager, Islamic Structured Products Officer/Supervisor, Takaful Agent/Consultant, Islamic Finance Analyst/Specialist and Islamic Finance Researcher.