Bachelor of Business Administration (Islamic Banking & Finance) (Honours)
UNIRAZAK ( Universiti Tun Abdul Razak) · Kuala Lumpur, Malaysia
QS World University Ranking: N/A
Quick Overview
Apply Now📘 Program Overview
UNIRAZAK offers a Bachelor of Business Administration (Islamic Banking & Finance) (Honours) designed to prepare students for the evolving Islamic banking and finance industry, through business fundamentals and Islamic finance-focused learning.
The programme includes MPU/university courses, core business courses, a specialization component covering Islamic banking and finance areas, electives, and an internship/professional practice for applied experience.
🎯 Course & Curriculum
Course structure
- Build business fundamentals through courses such as Public Speaking 1, Principles of Management, Principles of Finance, Principles of Marketing, and Principles of Accounting.
- Develop economic and quantitative foundations with Principles of Microeconomics, Principles of Macroeconomics, Business Mathematics, and Business Statistics.
- Strengthen management and workplace skills through courses including Organisational Behaviour, Principles of Microeconomics/Principles of Macroeconomics, and Management Information Systems.
- Include MPU and university courses such as Penghayatan Etika dan Peradaban, Falsafah dan Isu Semasa, and Thinking Skills.
- Study Islamic finance specialisation subjects such as Usul Fiqh, Islamic Financial Markets and Institutions, and Shariah, Ethics and Governance.
- Cover core Islamic banking operational knowledge including Islamic Banking Operation, Credit Operation, Islamic Bank Management, and Risk Management in Islamic Banking.
- Develop Islamic finance investment and advisory capabilities through subjects like Islamic Capital Market, Islamic Trade Finance, and Wealth Planning Management.
- Choose elective options from the programme electives such as Marketing of Islamic Finance Products, Customer Relationship Management, Retail Credit Specialist, Islamic Economics, and Structuring Financing Requirements and Rescheduling Financing Facilities.
- Complete the Internship for Islamic Banking and Finance to gain practical experience aligned with Islamic banking and finance industry needs.
- Apply strategic and planning skills through courses such as Strategic Management, Project Management, and Human Resource Management.
- Strengthen communication, community contribution, and professionalism with Public Speaking 2 and Volunteerism and Service Learning.
Curriculum
Bachelor of Business Administration (Islamic Banking and Finance) (Hons) credit hours table extracted from UNIRAZAK undergraduate academic regulations appendix for this programme. Total credit hours: 120.
| Semester | No. of modules | Module / subject category | credit hours | Semester total |
|---|---|---|---|---|
| Semester 1 | University core and faculty core | Business Communication | 3 | 20 |
| English for Academic Purposes | 3 | |||
| Bahasa Kebangsaan (A) | 3 | |||
| Pengajian Malaysia | 3 | |||
| Pengajian Islam or Pendidikan Moral | 3 | |||
| Co-Curriculum 1 | 1 | |||
| Co-Curriculum 2 | 1 | |||
| Study Skills | 3 | |||
| Semester 2 | Faculty core courses | Principles of Marketing | 3 | 27 |
| Principles of Finance | 3 | |||
| Principles of Management | 3 | |||
| Principles of Accounting | 3 | |||
| Organizational Behaviour | 3 | |||
| Business Statistics | 3 | |||
| Cost & Management Accounting | 3 | |||
| Financial Management | 3 | |||
| Management Information System | 3 | |||
| Semester 3 | Faculty core continuation and programme core courses | Business Law | 3 | 31 |
| Corporate Social Policy | 3 | |||
| Strategic Management | 3 | |||
| Business Mathematics | 3 | |||
| International Business | 3 | |||
| Practical Training | 4 | |||
| Entrepreneurship | 3 | |||
| Production and Operations Management | 3 | |||
| Human Resource Management | 3 | |||
| Economics | 3 | |||
| Semester 4 | Programme core courses | Fundamentals of Islamic Banking | 3 | 18 |
| Islamic Commercial Law | 3 | |||
| Islamic Economics and Finance: Theory and Ethics | 3 | |||
| Islamic Financial Markets and Institutions | 3 | |||
| Islamic Finance Regulations and Governance | 3 | |||
| Islamic Accounting Practice | 3 | |||
| Semester 5 | Major courses (part 1) | Legal Documentation for Islamic Financing Facilities | 3 | 18 |
| Project Appraisal and Investment Decision | 3 | |||
| Islamic Dept Financing | 3 | |||
| Islamic Equity Financing | 3 | |||
| Deposits Mobilization and Financing Management | 3 | |||
| Introduction to Risk Management in Islamic Financial Institutions: Shariah Compliance Perspective | 3 | |||
| Semester 6 | Major courses (part 2) | Wealth Planning and Management | 3 | 6 |
| Rescheduling and Restructuring of the Islamic Financing Facilities | 3 | |||
| Total | University core courses, faculty core courses, programme core courses, and major courses | 120 credit hours | ||
Career outcomes
- Prepare for Islamic finance careers such as Islamic Banking Officer and Islamic Finance Analyst by combining Shariah-compliant principles with financial analysis and modern banking practices.
- Get job-ready for compliance-focused roles like Shariah Compliance Executive through specialised learning in Shariah, Ethics and Governance and related subjects.
- Build skills relevant to regulated Islamic finance functions, supported by programme learning in areas such as Risk Management in Islamic Banking and Islamic Bank Management.
- Develop capability for advisory and client-facing roles including Wealth Management Advisor (Islamic Finance) by studying Wealth Planning Management and Islamic finance product themes.
- Strengthen employability for capital markets and investment pathways, including Islamic Capital Markets Executive, by covering subjects like Islamic Capital Market and Islamic Financial Markets and Institutions.
- Gain practical internship experience through the Internship for Islamic Banking and Finance, helping you transition from study to workplace tasks in the sector.
- Position yourself for entrepreneurial and specialist pathways with training aligned to Islamic finance industry needs, supporting roles such as Islamic Finance Entrepreneur.
Employability rate
International applicants who graduate from Islamic banking and finance-focused business degrees in Malaysia typically see an employability rate of around 78% and an unemployment rate of about 22%, reflecting steady demand with competition for entry roles.
Overall, the combination of Islamic finance specialisation and internship exposure supports a more stable career outlook for graduates in banking, compliance, and advisory pathways.
✅ Entry Requirements
Academic qualification
| Requirement | Details |
|---|---|
| International school-leaving / pre-university or equivalent | International applicants may be admitted based on equivalent qualifications recognised by MQA and the Malaysian Government. The programme page lists options such as International Baccalaureate, and other equivalent qualifications recognised by MQA/Malaysian Government. |
| International English and Mathematics requirement | For international applicants, the programme page states an English proficiency requirement and an additional requirement of credit in Mathematics at SPM level. The Mathematics and English PASS requirement is referenced as a prerequisite for entry and the programme notes exemptions only when equivalent higher performance is demonstrated at the relevant prior qualification level. |
Module matching by study area
| Study area | Match possible? | Conditions |
|---|---|---|
| Islamic Banking and Finance | Related match | Programme is built around Islamic banking and finance core courses, including Islamic Financial Markets and Institutions, Islamic Banking Operation, Shariah, Ethics and Governance, and related operational modules. |
Language requirements
International applicants must meet the programme-specific English proficiency requirement before enrolling. If you completed your previous education in an English-medium institution, you may be exempted from the English requirement subject to verification and approval.
IELTS Academic
MOI (Medium of Instruction)
💶 Fees & Funding
| Item | Amount | Notes |
|---|---|---|
| Tuition | Not published | |
| Application fee | Not published | |
| International students service fee | MYR 2600 / one time | RM2,600 international students service fee on registration day (as shown in UNIRAZAK Student Financial Handbook). |
| Processing and registration fee | MYR 3000 / one time | RM3,000 processing and registration fee on registration day for international students (as shown in UNIRAZAK Student Financial Handbook). |
Proof of financial resources
International students should prepare evidence that tuition and living costs can be covered. For visa-related processing, UNIRAZAK and Malaysia’s official international-student processes typically require proof of funding, and you should follow the documents requested after you receive your offer.
- Funding arrangements for international-student fees (programme fee is charged on a semester basis for international students once registered)
- Any sponsorship letter/letter of undertaking if you have secured sponsorship for payment to UNIRAZAK
Important dates
Application window
| Milestone | July - Summer intake | November - Winter intake |
|---|---|---|
| Application portal opens | N/A | N/A |
| Application deadline (final submit) | N/A | N/A |
| Application deadline (EU students) | N/A | N/A |
| Application deadline (Non-EU students) | N/A | N/A |
| Recommended apply-by | N/A | N/A |
| Semester begins | July 17, 2023 | November 13, 2023 |
Pre-application & reviews
| Milestone | July - Summer intake | November - Winter intake |
|---|---|---|
| VPD request - recommended | N/A | N/A |
| VPD result expected | N/A | N/A |
| APS - recommended | N/A | N/A |
| Start eligibility check | N/A | N/A |
Document submission deadlines
| Milestone | July - Summer intake | November - Winter intake |
|---|---|---|
| Application submission deadline | N/A | N/A |
| Document submission deadline (EU students) | N/A | N/A |
| Document submission deadline (Non-EU students) | N/A | N/A |
| Language certificate deadline | N/A | N/A |
| Official transcripts deadline | N/A | N/A |
| Certified translations deadline | N/A | N/A |
| Postal / hard-copy documents deadline | N/A | N/A |
| Missing documents (if requested) | N/A | N/A |
📝 How to Apply
Apply online and create your application
Submit your application through UNIRAZAK’s official online application. Use the portal to enter your details and upload required documents in the requested format. Make sure your documents are clear, complete, and submitted during the intake window you plan to join. After submission, UNIRAZAK processes your application and you can track progress using your application details.
Complete any international-student pre-enrolment steps
If your application is successful, you will receive an offer letter from the university. For international students, UNIRAZAK states that you can initiate EMGS approval to study after receiving your official offer letter from UNIRAZAK. Processing typically takes several weeks, depending on your country of origin and how promptly required documents are submitted. Follow the official EMGS/eVAL application instructions and respond quickly to any requests for additional documents.
Prepare and submit your full document package
If you use equivalent qualifications (for example foundation or diploma from another institution), UNIRAZAK states you must submit additional documents after online application. The international student guidance also indicates you should upload soft copies of required documents such as passport, academic transcripts, and English proficiency or MOI letter as applicable. UNIRAZAK also indicates that your application is deemed complete only after the required documents are received. Keep copies of everything you submit for visa and university verification.
Register when you receive the offer for your intake
Once you receive an offer, you must complete your registration on the registration day to confirm your place in the programme. UNIRAZAK also states that international students are charged the programme fee by semester basis registered with the academic administration department after registration. You should plan your payment timing to align with registration requirements and due dates. If you have sponsorship, UNIRAZAK’s financial handbook notes that a letter of undertaking may be required to guarantee payment.