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Master Of Economics - Part Time

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    Part Time
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    4 Years
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    Tution Fees


The Department of Economics offers the Master of Economics to provide graduate studies in Economics which combines both conventional and Islamic aspects; to produce experts who are competent in both conventional and Islamic Economics; to encourage further research in Islamic Economics and Policies in line with the fast changing economic environment. The department’s greatest strength is in the areas of Islamic Economics and Finance, International Economics, Monetary Economics, Macroeconomics and Development Economics.


  • Option 1:  24 credit hours of coursework + 18 credit hours of dissertation (4 core courses + 6 elective courses + 18 credit hours of dissertation)
  • Option 2:  33 credit hours of coursework + 9 credit hours of research paper (4 core courses + 7 elective courses + 9 credit hours of research paper)
  • Option 3:  42 credit hours of coursework (4 core courses + 10 elective courses - one of which is Applied Research Methods)
Student who opts for option 1 or option 2 must submit a dissertation/research paper proposal to the Department postgraduate coordinator and their potential supervisor. The Department will arrange for a dissertation/research paper proposal defense for students choosing option 1. Upon approval, students choosing either option 1 or option 2 may proceed with the dissertation/research writing. A supervisor and a co-supervisor (if necessary), will be appointed for the student.

For option 3, the student must register for ECON 6999 Applied Research Methods, normally in the final semester. To enrol in the course, an outline of the research plan needs to be submitted to the potential supervisor two weeks before the semester begins, for approval.

Tuition Fees:

  • Coursework = RM5,800
  • Coursework + Research = RM6,480

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Detailed entry requirements


A relevant Bachelor’s degree with good grades from an accredited institution of higher learning or any other certificates recognised to be equivalent to a Bachelor's degree and with relevant professional experience.

English Language

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

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