Master in Economics

Al-Madinah International University

A rigorous programme that develops advanced analytical, research, and policy-making skills, equipping graduates to address complex economic challenges with innovation, ethical insight, and global perspective.

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Master

Programme level

24 months

Study duration

1,833$

Cost per year

English

Study language

Programme info

The Master in Economics (MEc) is designed to cultivate advanced expertise in economic theory, research, and policy analysis, preparing graduates to address complex economic challenges at national, regional, and global levels. The programme emphasises critical thinking, analytical rigour, and professional ethics while integrating practical applications with academic depth.

This program is accredited and certified by Ministry of Higher Education (MOHE) and the Malaysian Qualifications Agency (MQA). Accreditation reference numbers are shown below:

Ministry of Higher Education (MOHE): (R-CDL/314/7/0002)

Malaysian Qualifications Agency (MQA): (MQA/FA0449)

English

  • Analyse concepts, theories, and research methodologies in economics to produce independent, creative, and critical assessments of complex economic issues.
  • Apply economic knowledge critically and interactively to address challenges through research, tools, processes, and decision-making frameworks.
  • Conduct standard and specialised research methods aligned with current economic practices and emerging global trends.
  • Collaborate and learn within diverse professional, academic, and international communities and networks.
  • Communicate ideas, critiques, findings, and conclusions effectively in both written and oral formats to peers, experts, and non-experts.
  • Employ a wide range of digital technologies and specialised software to enhance economic research and practice.
  • Utilise mathematical, statistical, and econometric techniques alongside qualitative approaches to analyse numerical and graphical economic data.
  • Demonstrate advanced decision-making, autonomy, and leadership in leading teams to address economic and policy-related issues.
  • Integrate self-directed lifelong learning to support continuous academic and professional growth.
  • Apply entrepreneurial and innovative skills in economics-related projects with an awareness of national and regional sociopolitical, cultural, and developmental challenges.
  • Contribute to the creation and enhancement of local and global social, technological, and economic systems while upholding ethical and professional standards.

  • A Bachelor’s degree (Level 6, MQF) in related fields with a minimum CGPA of 2.75 as accepted by the HEP Senate; or
  • A Bachelor’s degree (Level 6, MQF) in related fields with a minimum CGPA of 2.50 and not meeting CGPA of 2.75 can be accepted, subject to the rigorous internal assessment (may include tests, interviews or portfolio); or
  • A Bachelor’s degree (Level 6, MQF) in related fields with a minimum CGPA of 2.00 and not meeting CGPA of 2.50 can be accepted, subject to a minimum of 5 years relevant working experience and rigorous internal assessment (may include tests, interviews or portfolio); or
  • A Bachelor’s degree (Level 6, MQF) in non-related fields with a minimum CGPA of 2.50 as accepted by the HEP Senate, subject to having relevant working experience and rigorous internal assessment (may include tests, interviews or portfolio); or
  • A Bachelor’s degree (Level 6, MQF) in non-related fields with a minimum CGPA of 2.00 and not meeting 2.5 as accepted by the HEP Senate, subject to a minimum of 5 years relevant working experience and rigorous internal assessment (may include tests, interviews or portfolio); or
  • A Bachelor’s degree (Level 6, MQF) in non-related fields with a minimum CGPA of 2.00 as accepted by the HEP Senate and without relevant working experience, subject to passing pre-requisite courses; or
  • Other qualifications equivalent to a Bachelor’s degree (Level 6, MQF) recognized by the Malaysian Government.

 


English Competency Requirement (International Student)

Candidates who wish to enter a program which medium of instruction is English language must pass the English Language Qualification (TOEFL: 60 / IELTS: 6.0) or MUET band 4, or equivalent to CEFR (Mid B2). Exemption will be granted subject to the University Senate’s approval based on situations.

The applicant may enrol in this programme under Structure A (Research).

Full Time: 2 Years (4 Semesters), 3 Years (6 Semesters)

Part Time: 3 Years (6 Semesters), 5 Years (10 Semesters)

The applicant is required to complete a subject titled Research Methodology before commencing research work under the supervision of an academic staff member from the Postgraduate Studies Department.

Economic Policy Advisor, Data and Research Economist, Financial and Investment Analyst, Development Economist, University Lecturer / Academic Researcher and other related career.

For international students studying On Campus (OC) mode, Visa Fees and University Bond fees are excluded.

Programme campus:

Kuala Lumpur

University’s main campus:

Al-Madinah International University

Kuala Lumpur, Malaysia

Programme name:

Master in Economics

Field of study:

Business & Management, Economics & Policy

Programme level:

Master

Programme language:

English

Language requirements:

CEFR: Mid B2

TOEFL: 60

IELTS: 6

Duration & semesters:

36 months / 6 semesters

Next admission date:

01 Apr 2026

Programme pricing

Study mode Workload Duration Cost per year Total cost
On-campus Full-time 24 months 2,770$ 5,539$
On-campus Part-time 36 months 1,975$ 5,924$
Online Full-time 24 months 2,576$ 5,151$
Online Part-time 36 months 1,833$ 5,498$
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