Master of Economics

This programme aims to provide candidates with an advanced knowledge of economics. Candidates can complete the programme through two different modes of study: coursework intensive and research intensive. The coursework intensive mode of study places emphasis on the ability of the candidate to demonstrate their depth and scope of knowledge through successfully completion of course modules, while the research intensive mode of study places emphasis on the ability of the candidate to demonstrate their advanced knowledge and understanding of economics through the completion of independent research. The principal scopes of the programme are to produce graduates that have advanced knowledge in the area of economic theory and are capable of the empirical application of such knowledge and independent research in the field of economics. Additionally, the programme seeks to produce graduates with the tailored skills necessary to be successful as academics, researchers and policymakers.

Programme Goals

The goals of this programme are to produce graduates that:

  • possess knowledge and skills relevant to field of economics;
  • possess an expanded competency and understanding of the selected area(s) of study; and
  • are professional and ethical in fulfilling their responsibility to God and society.

Learning Outcomes

Upon completion of the programme, graduates should be able to:

  • demonstrate a systematic and in-depth understanding of economics;
  • produce, develop, implement and apply research methodologies in a constructive manner;
  • undertake research that yields original contributions and expands upon existing knowledge in the field of economics through the publication and defence of studies that reflect international standards and practices;
  • critically analyse, evaluate and synthesize new and complex ideas;
  • effectively communicate ideas relating to the field of economics to peers within the field of study and to the general public; and
  • disseminate research output in the contexts of knowledge society.

Admission Requirements

Entry requirements are as follows:

  1. Bachelor of Economics with honours and with a good Cumulative Grade Point Average (CGPA) from UKM or any higher learning institution recognized by the UKM Senate; or
  2. Other qualification(s) equivalent to a Bachelor of Economics with honours and with a good from UKM of any higher learning institution recognized by the UKM Senate; and
  3. fulfills other requirements prescribed by the programme or Faculty;
  4. An international candidate from a country that are not using English as official language shall obtain a minimum TOEFL score of 550 or IELTS 6 or other english proficiency examination recognized by the UKM Senate.

Type of Registration and Period of Study

  1. Full time studies (three (3) to six (6) semesters)*
  2. Part time studies (four (4) to eight(8) semesters)*

*All courses will be conducted on weekdays and during working hours.

Programme Structure (Coursework Mode)

  1. Candidates enrolled in the coursework intensive mode of study must successtully complete 40 credits of courses modules, consisting of the following:
    Core Courses 12 credits
    Compulsary Module Courses 12 credits
    Elective Courses 8 credits
    Academic paper 8 credits
    TOTAL 40 credits
  2. Candidates are required to publish at least one (1) proceeding from a seminar/conference/ workshop that has been approved by the Graduate Study Committee of the Faculty.

Programme Structure (Research Mode)

  1. Candidates enrolled in the research mode of study must successtully complete the following components:
    Core Courses 12 credits
    Thesis 40 credits
  2. The candidate must present and pass his research proposal;
  3. The candidate must present and pass his thesis oral examination; and
  4. Candidates are also required to publish at least one (1) article in an indexed journal ISI/ Scorpus/ ERA and publish at least one (1) article in a proceeding from a seminar/ conference/ workshop approved by the Graduate Study Committee of the Faculty .

List of Courses

  1. Core Courses (12 credits)
    • EPPE6014 Microeconomic
    • EPPE6024 Macroeconomics
    • EPPE6034 Econometric Methods
  2. Compulsory Module Courses (12 credits) [Coursework Mode only]
    • Monetary Economics
      • EPPE6114 Portfolio Analysis
      • EPPE6124 Monetary Economics
      • EPPE6164 International Finance
    • Industrial Economics*
      • EPPE6134 Advanced Industrial Organisation
      • EPPE6174 Trade and Industrial Economics
      • EPPE6264 Advanced Labour Economics
    • Public Economics
      • EPPE6144 Public Finance
      • EPPE6154 Economics of Social Policy
      • EPPE6184 Political Economy of International Trade
    • International Economics*
      • EPPE6164 International Finance
      • EPPE6174 Trade and Industrial Economics
      • EPPE 6184 Political Economy of International Trade
    • Development Economics
      • EPPE6214 Advanced economic Planning
      • EPPE6224 Development Theory and Policy
      • EPPE6234 Trade and Development
    • Human Resource Economics
      • EPPE6244 Human Resource Development Planning
      • EPPE6254 Human Resource Management
      • EPPE6264 Advanced Labour Economics
    • Agricultural and Applied Economics
      • EPPE6304 Advanced Agricultural Economics
      • EPPE6314 Applied Resource Policy and Project Analysis
      • EPPE6324 Policy Analysis and Agricultural Programme
    • Environmental and Resource Economics
      • EPPE6314 Applied Resource Policy and Project Analysis
      • EPPE6334 Environmental and Natural Resource Economics
      • EPPE6344 Dynamic Optimisation and Decision Theory
    • Econometrics
      • EPPE6414 Advanced Econometrics
      • EPPE6424 Time Series Econometrics
      • EPPE6434 Applied Econometrics
    • Islamic Economics
      • EPPE6514 Fiqh for Economics
      • EPPE6524 Islamic money and Capital Markets
      • EPPE6534 Advanced Islamic Economic Analysis
    • Specialization in Islamic Banking
      • EPPE6524 Islamic Capital and Money Markets
      • EPPE6554 Islamic Banking
      • EPPE6564 Risk Management in Islamic Banking
      • EPPE6574 Current Issues in Islamic Banking
    • Specialization Islamic Finance
      • EPPE6524 Islamic Capital and Money Markets
      • EPPE6584 Islamic Financial Management
      • EPPE6594 Islamic Asset Management and Planning
      • EPPE6614 Theory and Practice of Takaful
    • *Course will be conducted in English
  3. Elective Courses (8 credits) [Coursework Mode only]
    Any two (2) courses listed in the Compulsory Module Courses, except the courses that have been registered as Compulsory Module Courses
  4. Malay Language Courses
    International candidates shall register and pass Malay Languange Courses as part
    of graduation requirement as prescribed by the UKM.

    • ZZZM1013 Bahasa Melayu as Foreign Language I
    • ZZZM1023 Bahasa Melayu as Foreign Language II
  5. Academic Paper (8 credits) [Coursework Mode only]
    • EPPE6908 Academic Paper
  6. Thesis [Research Mode only]
    • EPPE6940 Thesis

Requirements for Conferment of Degree (Coursework Mode)

Requirements for Conferment of Degree are as follows:

  1. Pass and achieve a final CGPA of ≥ 3.00;
  2. Complete the required number of kredits for the programme;
  3. Fullfils the publication required ; and
  4. Fulfills any other conditions prescribed by the University.

Requirements for Conferment of Degree (Research Mode)

Requirements for Conferment of Degree are as follows:

  1. Pass all the required core courses;
  2. Pass the thesis oral examination;
  3. Fullfils the publication required ; and
  4. Fulfills any other conditions prescribed by the University.

Intake

  • September (application is opened in April)
  • February (application is opened in October)

Application

Online application via http://guest.ukm.my
*Application fees for Malaysian is RM30.00 / International applicant is USD30 or RM100.00

Tuition Fees (Coursework Mode)

ItemLocalInternational
Full TimePart TimeFull Time Only
Registration (one time only)1,0108851,410
Services and Activities420200660
Tuition Fees1,4351,2353,200
TOTAL 1ST SEMESTER2,8652,3205,270
Subsequent semesters1,8551,4353,860
TOTAL FEES6,5756,62512,990
(3 semesters)(4 semesters)(3 semesters)

Tuition Fees (Research Mode)

ItemLocalInternational
Full TimePart TimeFull Time Only
Registration (one time only)1,0108851,410
Services and Activities8456251,085
Tuition Fees1,4351,2353,200
TOTAL 1ST SEMESTER3,2902,7455,695
Subsequent semesters2,2801,8604,285
TOTAL FEES7,8508,32514,265
(3 semesters)(4 semesters)(3 semesters)

If you have further enquiries, please do not hesitate to contact us:

Postgraduate Secretariat
Level 4
Faculty of Economics and Management
Universiti Kebangsaan Malaysia
43600 UKM Bangi
Selangor Darul Ehsan

Tel:+6038921 5775/ 5777/5776/5373
Fax:+603-89251821
Email: sitinora[a]ukm.edu.my

Study Funding Assistance

Eligible candidates are invited to apply for study funding assistance below: