OVERVIEW OF THE MASTER PROGRAM CURRICULUM IN ISLAMIC ECONOMICS

1

Awarding body/institution

Universitas Airlangga

2

Name of the program

Master of Science in Islamic Economics

3

Details of the accreditation by a professional or statutory body

Accredited as Grade A by National Accreditation Board for Higher Education ( http://dashboard.unair.ac.id/rekap-kredit.php?detail_2=A&fakul=4 )

4

Type (eg full/part-time, residential/distance learning, dual, intensive program)

Full time

5

Final degree (title)

M. SEI

6

Standard period of study and credit points gained (according to ECTS)

4 semesters (Full-time 2 years), 45 credit points (72 ECTS)

7

Expected intake for the program

Bachelor/Diploma IV graduates should pass the Academic Potential Test (TPA), English language proficiency test and interview.

8

Program starting date within the academic year and first time the program has been/will be offered

August every year since 2010 according to Rector's Decree No. 94/H3/KR/2010

A. Knowledge

A.1

Graduates are able to analyze problems in the field of Islamic economics and finance and provide solutions to the issues that are happening in society in accordance with Islamic law

A.2

Graduates are able to apply research methodology in Islamic economics and finance and be able to do it independently

A.3

Graduates are able to analyze the scientific fields of Islamic economics and finance that are applied in practice, both in the field of education and other professionals;

A.4

Graduates are able to analyze conventional economics to be adapted to Islamic economics;

A.5

Graduates are able to master new concepts in the field of Islamic economics, empirical knowledge, theories, methodologies, models through research;

Teaching & Learning Methods

· Lectures

· Seminars

· Tutorials

· Discussion

· Assignments

· Quiz

· Publications

· Guest Lecturer

· Directed Readings

Assessment Method

· Quizzes          

· Mid-term and Final Exams

· Assignments

B. General Skills

B.1

Graduates are able to develop logical, critical, systematic, and creative thinking through scientific research.

B.2

Graduates are able to integrate academic studies in accordance with their field of expertise in order to solve problems in the community or relevant industries through the development of knowledge.

B.3 

Graduates are able to compile ideas, thoughts, and scientific arguments responsibly and based on academic ethics and communicate them through the media to the academic community and the wider community.

B.4

Graduates are able to identify the scientific field that is the object of his research and position it into a research map developed through an interdisciplinary or multidisciplinary approach.

B.5

Graduates are able to apply in problem solving activities in the context of knowledge and technology development based on humanity values ​​and analytical research of data and information.

B.6

Graduates are able to increase learning capacity independently in documenting, storing, securing, and retrieving research data in order to ensure validity and prevent plagiarism.

Teaching & Learning Methods

Students learn General skills through a combination of Discussion, directed seminars and debate, as well as independent study, including use of online resources and Facilitated Discussion. Guidance will be given in related assignments, and feedback will be provided

Assessment Method

• Written exams (eg Mid Semester and Final Exams, Essays)
• Oral exam (Eg Proposal defense, colloquium, PhD Thesis defense)
• Team projects

C. Specific Skills 

C.1

Graduates are able to design in research methods both quantitative and qualitative in the fields of Islamic economics, finance, and business based on economic, financial, and Islamic business issues faced by the community.

C.2

Graduates are able to design the policies in the field of Islamic finance and capital markets in accordance with contemporary problems faced appropriately.

C.3

Graduates are able to publish research articles in reputable journals.

Teaching & Learning Methods

Some of the learning methods used include:

· Lectures/Presentations

· Assignments

· Quiz

· Discussion

· Directed reading

Assessment Method

A range of formative and summative assessment exercises are designed to enable students to demonstrate and apply knowledge and understanding. Methods of assessment include:

· Quizzes          

· Mid-term and Final Exams

· Team projects

· Individual projects

· Publications

D. Attitude 

D.1

Graduates are able to demonstrate integrity as individuals with humanity, morality, ethics according to Islamic values

D.2

Graduates are able to demonstrate discipline, responsibility, professionalism, cooperative attitudes and social sensitivity towards public interest

Teaching & Learning Methods

· Lectures

· Discussion

· Assignments

· Directed Readings

Assessment Method

· Discipline (Minimum 75% attendance)

· Similarity index

· Social Attitudes

· Group presentations and assignments

• Observation techniques

Curriculum Overview

MASTER PROGRAM IN ISLAMIC ECONOMICS, 4 Semesters

No

Course Units

Credit Points per Semester

Workloads

Method of Teaching

Form and Duration of Examinations

weight of exam related to final grade

Name of Lecturer

1

2

3

4

Hours in Class

Self-Study Hours

ie lecture courses, seminars, tutorials

Semester 1

175

420

15/45

Compulsory

1

PHE601

Philosophy of Science

3

35

84

L, S, Q, A, D, DR

Quiz, Assignments, Mid-term exam
Final Exam (each 90 Minutes)

Dr. Ari Prasetyo, SE, M.Sc

2

EKS601

Muamalah Fiqh

3

35

84

L, S, Q, A, D, DR

Dr. Irham Zaki, S.Ag., M.EI

3

EKS608

Islamic Economics

3

35

84

L, S, Q, A, D, DR

Dr. Sri Herianingrum, SE, M.Sc

4

MNK628

Islamic Financial Management

3

35

84

L, S, Q, A, D, GL, DR

Dr. Imron Mawardi, SP., M.Si

5

MNM623

Islamic Leadership

3

35

84

L, S, Q, A, D, DR

Dr. Achsania Hendratmi, SE, M.Sc

Semester 2

175

420

15/45

Compulsory

6

EKS604

Islamic Macroeconomics

3

35

84

L, S, Q, A, D, DR

Quiz, Assignments, Mid-term exam
Final Exam (each 90 Minutes)

Dr. Ilmiawan Auwalin , SE, M.Sc

7

EKS605

Islamic Microeconomics

3

35

84

L, S, Q, A, D, DR

Dr. Tika Widiastuti, SE, MSi

8

EKS603

Islamic Financial Institutions

3

35

84

L, S, Q, A, D, DR

Dr Atina Shofawati, SE, M.Si

9

EKS602

Islamic Public Financial

3

35

84

L, S, Q, A, D, DR

Dr. Muhammad Nafik HR, SE., MSi

10

PNE697

Research Methods

3

35

84

L, S, Q, A, D, P, DR

Dr. Ririn Tri Ratnasari, SE., MSi

3rd semester

105

252

9/45

Compulsory

11

EKK601

Econometrics

3

35

84

L, S, Q, A, D, P, DR

Quiz, Assignments, Mid-term exam
Final Exam (each 90 Minutes)

Dr. Sulistya Rusgianto, SE., MSi

12

EKS606

Islamic Capital Market

3

35

84

L, S, Q, A, D, DR

Dr. Nisful Lalia, SE, M.Sc

13

MNK617

Islamic Bank Management

3

35

84

L, S, Q, A, D, DR

Bayu Arifianto, SE, MSc., PhD

14

EKS609

Islamic Monetary Economics

3

35

84

L, S, Q, A, D, DR

Prof. Dr. Raditya Sukmana, SE, MA

Elective Courses

15

MNK629

Islamic Micro Finance Management

3

35

84

L, S, Q, A, D, DR

Quiz, Assignments, Mid-term exam
Final Exam (each 90 Minutes)

Dr. Siti Zulaikha, SE., MSi

16

MNK632

Islamic Wealth Management

3

35

84

L, S, Q, A, D, DR

Dr. Imron Mawardi, SP., M.Si

17

MNK621

Islamic Risk Management

3

35

84

L, S, Q, A, D, DR

Dr. Siti Zulaikha, SE, M.Si

18

AKI617

Islamic Bank Accounting

3

35

84

L, S, Q, A, D, DR

Dr. Tika Widiastuti, SE, M.Sc

19

MNK630

Islamic Asset Management and Bank Liability

3

35

84

L, S, Q, A, D, DR, T

Dr. Nisful Lalia, SE, M.Sc

20

MNK631

Islamic Bank Risk Management

3

35

84

L, S, Q, A, D, DR

Dr. Sulistya Rusgianto, SE, MSi

21

EKS610

Economics of Zakat, Infaq, Shodaqoh, and Waqf

3

35

84

L, S, Q, A, D, DR

Dr. Tika Widiastuti, SE, M.Sc

22

EKS611

Islamic Development Economics

3

35

84

L, S, Q, A, D, DR

23

EKS612

Islamic Political Economics

3

35

84

L, S, Q, A, D, DR

Dr. Muhammad Nafik HR, SE., MSi

Semester 4

168

6/45

24

PNK699

Thesis

6

168

P

total

15

15

9

6

         455

      1.260

45

                        1.715

Note:

1 credit point = 1.6 ECTS equivalence; 45 CP = 72 ECTS

1 CP = 170 minutes of activities consisting of 60 minutes independent study, 60 minutes assignment, 50 minutes contact hours

L:

Lectures

S:

Seminar

Q:

Tutorials

D:

Discussion

A:

Assignments

Q:

Quiz

P:

Publications

GL:

Guest Lecturer

DR:

Directed Readings