Bachelor of Economics (Hons)

Programme Overview
UNIRAZAK’s Bachelor of Economics (Hons) is the only undergraduate economics degree offered by a private institution in Malaysia through a school of government. It prepares students to be critical economic thinkers and policymakers, adaptable to governance and economic challenges.

This programme offers two specialisations:

• Financial Governance: Integrates economics, finance, and governance with cutting-edge subjects like financial technology, data science, and digital currency. Graduates gain expertise in finance, risk management, and financial regulations, equipping them with in-demand skills.

• International Trade: Focuses on economic policy-making, national development, and public-private sector relations. It trains students not only as economists but also as policy strategists who shape national economic policies.

Career Opportunities
Banks & Investment Firms | Risk Management | Treasury & Compliance | Research & Advisory | Stockbroking | Financial Institutions (Bank Negara Malaysia, BURSA Malaysia) | Global Organisations (IMF, World Bank, SEACEN) | State Agencies (PETRONAS, FELDA) | NGOs & Think Tanks

Study Mode:
UNIRAZAK offers a flexible learning approach, enabling students to study from any location at their convenience. This ensures an enhanced learning experience and greater accessibility.

Full-Time – Conventional On-Campus Learning

Open Distance Learning (ODL) – Remote Learning Option

Entry Requirements

• STPM: A pass with a minimum Grade Point of 2.00 in any TWO (2) subjects and a pass in Mathematics and English at SPM level.
  Note: The requirement for a pass in Mathematics and English at the SPM level can be excluded if the candidate obtained a credit or higher grade at STPM.

• A-Level: A pass with a minimum Grade D in any TWO (2) subjects, and a pass in Mathematics and English at SPM level.

• Matriculation / Foundation / Pre-University: A pass with a minimum CGPA of 2.00 from an institution recognized by the Malaysian Government.

• Sijil Tinggi Agama Malaysia (STAM): A pass with a minimum grade of Jayyid and a pass in Mathematics and English at SPM level.
  Note: The requirement for a pass in Mathematics and English at the SPM level can be excluded if the candidate obtained a credit or higher grade at STAM.

• UEC: A pass with a minimum grade B in FIVE (5) subjects, including a pass in Mathematics & English.

• Diploma: A Diploma with a minimum CGPA of 2.00 from universities/colleges recognized by the Malaysian Government.

• International Baccalaureate (IB): A pass with a minimum score of 30 points.

• Others: Other equivalent qualifications recognized by MQA/Malaysian Government, including:

  • Diploma Kolej Vokasional (DVM)

  • Diploma Executive UM

  • APEL (Accreditation of Prior Experiential Learning)

• International Students: A minimum score of:

  • IELTS 5.5 / CEFR B1

  • TOEFL PBT (410-413)

  • TOEFL IBT (34)

  • CAE (160) (Cambridge English: Advanced) / CEFR B2

  • CPE (180) (Cambridge English: Proficiency) / CEFR C1

  • PTE (Pearson Test of English) (36)

  • A minimum of Grade C in First Cambridge English (FCE) minimum scale

  • MUET (Malaysian University English Test) (Band 3)

  Successful attainment of FCE minimum of Grade C (162) conducted by the Centre for English Language (CEL) within 12 months from the date of entry with a conditional offer letter.

  Note: The validity period for TOEFL and IELTS is TWO (2) years from the date of the award.

Programme Courses

MPU Courses

• Falsafah dan Isu Semasa

• Penghayatan Etika dan Peradaban

• Bahasa Melayu Komunikasi II

• Thinking Skills

• Bahasa Kebangsaan A

• Community Engagement and Volunteering

• Professional Event Management

• Introduction to the Malaysian Constitution

University Courses

• Public Speaking 1

• Public Speaking 2

• Volunteerism and Service Learning

• Entrepreneurship and Innovation

School Core Courses

• Introduction to Public Administration and Services

• Introduction to Political Science

• Introduction to Sociology

• Introduction to Demography

• Principles of Management

• Principles of Microeconomics

• Principles of Macroeconomics

• Malaysian Economy and Policy

• Research Methodology

• Statistics for Social Science

Program Core Courses

• Principles of Finance

• Intermediate Microeconomics

• Intermediate Macroeconomics

• Introduction to Econometrics

• Econometrics

• Mathematics for Social Sciences

• International Economics

• Intergovernmental Financial Institutions

• International Finance and Policy

• Financial Modelling

• Blockchain and Digital Cryptocurrency

• Fintech and Crowdfunding

• Understanding Governance

• Governance of Global Financial Markets

• Risk Management for Financial Institutions

• Financial Instruments and Markets

Elective Courses
Choose TWO (2) from the courses below:

• Data Science for Social Sciences

• Machine Learning for Economics and Finance

• Programming for Analytics

• Islamic Financial Market and Institutions

Internship / Professional Practice

• Internship for Economics