PS Business Studies 2nd Ed 16.8.2021
PS Business Studies 2nd Ed 16.8.2021
PS Business Studies 2nd Ed 16.8.2021
Page
FOREWORD i
ABBREVIATIONS iii
1. INTRODUCTION 1
4. STUDENT SELECTION 36
5. ACADEMIC STAFF 43
6. EDUCATIONAL RESOURCES 53
7. PROGRAMME MANAGEMENT 54
REFERENCES 58
APPENDICES
GLOSSARY 117
FOREWORD
The Malaysian Qualifications Agency (MQA) has published numerous quality assurance
documents such as the Malaysian Qualifications Framework (MQF), Code of Practice for
Programme Accreditation (COPPA), Code of Practice for Institutional Audit (COPIA), Code of
Practice for TVET Programme Accreditation (COPTPA), Code of Practice for Open Distance
Learning (COPPA-ODL), Standards, Programme Standards (PS), and Guidelines to Good
Practices (GGP), to ensure that the programmes offered by Higher Education Providers
(HEPs) in Malaysia meet international practices. It is imperative that these documents must
be revised periodically to reflect the changes in the industry, economy and the practice of
higher education.
The MQA policies and good quality assurance practices are maintained through the PS guided
by MQF, COPPA, and discipline requirements and practices. The MQA first introduced the PS
for Business Studies in 2015. Generally, the PS is subject to a comprehensive review every
five years in order to update the requirements. The revised PS reflects the outcomes of the
review conducted to ensure its relevance to the rapidly changing Business Studies
programmes offered by different HEPs across higher education, technical and vocational
education, and training providers.
This PS outlines revised sets of requirements describing the minimum levels of acceptable
practices in the Business Studies programmes based on the quality assurance areas in
COPPA 2nd Edition (programme development and delivery, assessment of student learning,
student selection and support services, academic staff, educational resources, programme
management, and programme monitoring, review and continual quality improvement),
encompassing all levels of qualifications ranging from Certificate (Level 3) to Doctoral Degree
(Level 8) in the MQF.
An expert panel (see Appendix 1) reviewed the PS based on the feedback obtained from the
HEPs, expert assessors, MQA and the industry. The revisions were further refined through
multiple online consultations involving public and private HEPs, relevant government and
statutory agencies, professional bodies, industry, alumni and students (see Appendix 2). The
revised PS reflects national and international good practices to ensure Business Studies
graduates from Malaysian HEPs are globally competitive.
i
The MQA would like to express its heartfelt appreciation to all the panel members and all
stakeholders for their valuable inputs and all the MQA officers who have contributed to
developing the PS for Business Studies. Ultimately, the revised PS should benefit different
stakeholders in producing business graduates to face future challenges.
ii
ABBREVIATIONS
iii
1. INTRODUCTION
Since 2015, the MQA’s PS: Business Studies has become a reference and guidance for
Higher Education Providers (HEPs) regarding the minimum acceptable practices in designing
and offering Business Studies programmes in Malaysia at the tertiary levels. The PS ensures
Business Studies programmes equip students with the necessary knowledge, skills and
competencies at the respective levels as prescribed by the MQF 2nd Edition (2018) to enable
them to pursue career opportunities in a variety of jobs. Amongst the possible job designations
including executives, supervisors, managers, consultants, academics and entrepreneurs.
Business Studies is a broad academic subject evolving from popular specialities such as
management, marketing, and human resource management to more contemporary areas
such as digital business. Furthermore, management is embedded in many other disciplines
such as agriculture and food; architecture, engineering and technology; arts and culture;
catering, tourism and hospitality; communication and media; defence and security; fashion
and design; education; environmental science; facilities and building; general and health
sciences; knowledge and information science; manufacturing and processing; occupational
safety and health; oil and gas; public and office administration; spa and beauty services; sports
and recreation; and transportation. Hence, providing a single, all-encompassing definition for
Business Studies is challenging. For the purpose of the PS, the following is adopted:
The Business Studies programmes mainly prepare and provide students with the necessary
knowledge, skills and practices to perform different roles in organisations (cooperatives, sole
proprietorships, partnerships, private and public companies) which operate in an ever-
changing environment and meet different stakeholders and regulatory requirements.
1
Hence, the general Business Studies programmes provide a broad, analytical and
highly integrated study of business and management which cover the following core
areas:
i. Human Resource Management
ii. Marketing
iii. Accounting and Finance
iv. Business Economics
v. Management
vi. Business Analytics.
The specialist Business Studies programmes provide an in-depth and analytical study
of business and management in one or more of the above listed core areas.
Marketing
Marketing is the activity, set of institutions and processes for creating, communicating,
delivering and exchanging offerings that have values for customers, clients, partners and
society at large (American Marketing Association, 2014). It is the science of choosing target
markets through market analysis and market segmentation, as well as understanding
consumer buying behaviour and providing superior customer value. It can be looked at as an
organisational function in ways that benefit the organisation and its shareholders. Today’s
organisations must use cutting-edge marketing technology to stay on top and remain in the
competition.
2
Accounting and Finance
Accounting and finance are part of an enterprise’s decision-making, planning and control
subsystems, dealing with issues that primarily concern corporate managers and the
considerations involved in making financial decisions inside and outside the firms. A crucial
part of accounting is reporting the business performance and position to external users.
Accounting also deals with the internal control and management of resources and costs.
Meanwhile, finance examines the processes of raising and utilising funds for the benefit of
businesses, and the techniques used to identify profitable investment opportunities and the
models used by investors to value bonds and stocks. Along with virtually every other discipline
in business, technology has significantly impacted the field of accounting and finance.
Business Economics
Business economics focuses on how the economy works from a business perspective,
concerning economic issues and problems related to public and private organisations,
management and strategy. Economic concepts and theories, and economic modelling
techniques are tailored to build the ability to analyse the economic context in which modern
business operates.
Management
Management is developing and implementing systems for a business to run smoothly, creating
value and accomplishing the goals and objectives. Management comprises planning,
organising, staffing, leading or directing, and controlling an organisation or initiative to
accomplish a goal. Additionally, management involves leveraging an enterprise’s human
capital to contribute to organisational success. The area presents a creative and innovative
approach to address the challenges of globalisation and sustainability.
Business Analytics
Business analytics is an interdisciplinary area which involves the application of quantitative
and behavioural methods aided by technology to analyse and address the complex problems
of an organisation. Besides, business analytics focuses on developing individuals’ ability to
assess decisions affecting the organisations using big data.
The panel acknowledges that besides prescribing a set of minimum requirements to ensure
consistency in the programme quality offered by various HEPs, the PS should encourage
diversity and innovation. Consequently, HEPs could craft their niches to meet the dynamics of
3
the targeted employment markets, meet society’s needs, and engage the HEP and students
with ethical responsibilities towards Sustainable Development Goals (SDG).
This PS covers all the seven quality assurance areas: (i) programme development and
delivery, (ii) assessment of student learning, (iii) student selection and support services, (iv)
academic staff, (v) educational resources, (vi) programme management, and (vii) programme
monitoring, review and continual quality improvement. This document also describes the
different levels of standards leading to the award of individual qualifications prescribed in the
MQF based on different modes of study, that are:
i. Certificate (Level 3, MQF);
ii. Diploma (Level 4, MQF);
iii. Bachelor’s Degree (Level 6, MQF);
iv. Master’s Degree (Level 7, MQF: Coursework, Mixed Mode and Research); and
v. Doctoral Degree (Level 8, MQF: Coursework, Mixed Mode and Research).
The document aims to provide minimum requirements on the development and conduct of
different levels of Business Studies programmes within the core areas described. Hence, the
document must be read together with other quality assurance documents and policies issued
by MQA and other related agencies, including but not limited to the following:
i. The Malaysian Qualifications Framework (MQF) 2nd Edition
ii. The Code of Practice for Institutional Audit (COPIA)
iii. The Code of Practice for Programme Accreditation (COPPA) 2nd Edition
iv. The Code of Practice for Open and Distance Learning (COPPA: ODL) 2nd Edition
v. Relevant Standards
vi. Relevant Guidelines to Good Practices (GGP)
4
2. PROGRAMME DEVELOPMENT AND DELIVERY
2.1 PROGRAMME EDUCATIONAL OBJECTIVES
The programme educational objectives (PEOs) are broad statements describing the career
and professional accomplishments the programme prepares graduates to achieve after they
graduated.
“The quality of a programme is ultimately assessed by the ability of its graduates to carry out
their expected roles and responsibilities in society. This requires the programme to have a
clear statement of the competencies that is the practical, intellectual and soft skills that are
expected to be achieved by the students at the end of the programme" (COPPA 2nd Edition,
2017).
A guidance of the PEOs are provided under each level of study from certificate to doctoral
level. The flexibility in describing the PEOs remains with the Higher Education Providers
(HEPs), provided that the PEOs are consistent with the vision and mission of the HEP.
PEO 2: Possess basic operational and entrepreneurial skills to perform effectively and
responsibly in different organisations.
PEO 3: Use basic digital applications and numeracy skills to support business functions.
5
DIPLOMA (Level 4, MQF)
PEO 2: Possess broad-based operational and entrepreneurial skills to perform effectively and
responsibly in different organisations.
PEO 3: Use a wider range of digital applications and numeracy skills to support business
functions.
PEO 1: Possess in-depth and comprehensive theoretical and practical knowledge in business.
PEO 3: Use a broad range of digital applications and analytical techniques to support business
functions.
6
PEO 3: Adopt and apply a broad range of digital applications and analytical techniques
competently to support business functions.
PEO 6: Apply a range of research skills for complex business and management issues.*
*PEO 6 is applicable to only the mixed mode programme.
PEO 2: Develop and implement research independently and responsibly to address complex
business and management problems.
PEO 3: Adopt and apply a broad range of digital applications and analytical techniques
competently to support business functions.
7
PEO 5: Commit and seek learning for continuous development.
PEO 1: Demonstrate the creation and interpretation of new knowledge through original and
rigorous research in specialised business fields.
PEO 2: Develop the ability that can contribute to developing and understanding the chosen
business areas.
8
2.2 LEARNING OUTCOMES
Learning outcomes are detailed statements describing in explicit terms the achievement of
learners. Assessment of the learners is conducted upon completion of a period of study.
“A programme is designed and delivered to facilitate the attainment of a set of desired learning
outcomes. It starts with a clear definition of the intended outcomes that students are to achieve
by the end of the programme and supported by appropriate instructional approaches and
assessment mechanisms” (COPPA 2nd Edition, 2017).
The learning outcomes in Business Studies should cumulatively reflect the five clusters1
of learning outcomes aimed to develop well-balanced individuals with a holistic set of
competencies.
Table 2.1 shows the mappings of learning outcomes based on MQF learning outcomes for
Business Studies. The flexibility in describing the learning outcomes remains with the
Higher Education Providers (HEPs) provided they are sufficiently covered.
1 Malaysian Qualifications Agency. (2018). Malaysian Qualifications Framework 2nd Edition. Cyberjaya, Malaysia.
9
Table 2.1 Learning Outcomes (LO) for Business Studies mapped against MQF LOs
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(CERTIFICATE LEVEL 3, MQF,
DIPLOMA LEVEL 4, MQF AND
BACHELOR LEVEL 6, MQF)
10
Knowledge and understanding
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(CERTIFICATE LEVEL 3, MQF,
DIPLOMA LEVEL 4, MQF AND
BACHELOR LEVEL 6, MQF)
11
Knowledge and understanding
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(CERTIFICATE LEVEL 3, MQF,
DIPLOMA LEVEL 4, MQF AND
BACHELOR LEVEL 6, MQF)
Bachelor: Demonstrate
entrepreneurship skills in resolving
business problems.
12
Knowledge and understanding
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(MASTER’S DEGREE LEVEL 7,
MQF AND DOCTORAL DEGREE
LEVEL 8, MQF BY COURSEWORK,
MIXED MODE AND RESEARCH)
13
Knowledge and understanding
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(MASTER’S DEGREE LEVEL 7,
MQF AND DOCTORAL DEGREE
LEVEL 8, MQF BY COURSEWORK,
MIXED MODE AND RESEARCH)
14
Knowledge and understanding
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(MASTER’S DEGREE LEVEL 7,
MQF AND DOCTORAL DEGREE
LEVEL 8, MQF BY COURSEWORK,
MIXED MODE AND RESEARCH)
15
Knowledge and understanding
Entrepreneurial skills
Interpersonal skills
Numeracy skills
Cognitive skills
Personal skills
Practical skills
responsibility
Digital skills
LO
(MASTER’S DEGREE LEVEL 7,
MQF AND DOCTORAL DEGREE
LEVEL 8, MQF BY COURSEWORK,
MIXED MODE AND RESEARCH)
16
2.3 CURRICULUM DESIGN AND DELIVERY2
Learning and teaching can only be effective when the curriculum content and the programme
structure are kept abreast with the most current development in its field of study (COPPA 2nd
Edition, 2017). The curriculum structure should identify the objectives and learning outcomes
of the programme and incorporate a schema that would map the curriculum to the stated
objectives and learning outcomes (Guidelines to Good Practice: Curriculum Design and
Delivery, 2011).
This section of the PS contains statements pertaining to the structure and delivery of a
programme within the field of Business Studies. The six essential areas are human resource
management, marketing, accounting and finance, business economics, management, and
business analytics, forming the common core of a Business Studies programme.
Specific requirements on the body of knowledge (BOK) of the common core and discipline
core are summarised in Table 2.2 and Appendix 3. Notably, regardless of the programme
structure, the common core must be covered according to the requirements in Table
2.3.
Table 2.2: Body of knowledge for common core and discipline core of Business
Studies programmes
2 Standards in this area are best read together with Guidelines to Good Practices: Curriculum Design and Delivery,
which is available on the MQA Portal: www.mqa.gov.my.
17
Higher Education Providers (HEPs) have the flexibility to design their programmes,
provided they cover the BOK indicated in this PS. A given BOK can be covered either
as topics or a course. It is important that HEPs align their programmes with one or more
of the Sustainable Development Goals (SDG). The HEPs should also develop
curriculum allowing students to creatively use digital technology to shape new
business models in furtherance of national and global agenda.
The HEPs are encouraged to develop programmes to reflect the current best practices and
offer a high-quality academic programme. Business Studies programmes may vary in its
nomenclature; however, the programme nomenclature must reflect the content of the
programme. HEPs may also refer to the Guidelines on Nomenclature of Malaysian Higher
Education Programme (2018). Examples for each level are provided according to the
programme structure in Appendix 4.
18
Table 2.3: Minimum credits of each curriculum component for all levels of
qualifications
Notes:
* General courses refer to Mata Pelajaran Pengajian Umum (MPU) courses which
are mandatory. Please refer to Garis Panduan Mata Pelajaran Pengajian Umum
(MPU) Edisi Kedua for the minimum credit requirement as stipulated by the Ministry
of Higher Education (MoHE). HEP has an option to offer its own compulsory
courses in addition to the General courses.
19
DIPLOMA (Level 4, MQF)
MINIMUM CREDITS
COMPONENT GENERAL DIPLOMA* SPECIALIST DIPLOMA*
(e.g., Diploma in (e.g., Diploma in
Business Studies) Entrepreneurship)
Compulsory Courses (General**
6 6
and HEPs courses)
Common Core 48 48
27
(No more than 9 credits
for each discipline core.
Some parts of the body 27
Discipline Core of knowledge of each (Cover one discipline
discipline core area are core area)
covered, taking into
account the credit
requirement)
Industrial Training*** 0 0
Electives**** 0 0
Sub Total Credit 81
The remaining 9 credits can be placed in any of the above categories to complete the
minimum requirement of 90 credits.
GRADUATING CREDITS 90
Notes:
* HEPs must indicate clearly in standard 1.2.4 MQA-01/02 the programme structure
when designing a programme.
In the case of the Diploma in Management programme, HEPs can design it either
as a general or a specialist programme.
** General courses refer to Mata Pelajaran Pengajian Umum (MPU) courses which are
mandatory. Please refer to Garis Panduan Mata Pelajaran Pengajian Umum (MPU)
Edisi Kedua for the minimum credit requirement as stipulated by the Ministry of
Higher Education (MoHE). HEP has an option to offer its own compulsory courses
in addition to the General courses.
20
Recommended Delivery Methods:
• Lectures/tutorials
• Practical laboratory/classes
• WBL
• Blended learning
• Guest lecture series (speakers from the industry and academic institutions)
• Field/industry visits (business organisations, universities, non-governmental
organisations, government-related corporations, and others)
• Apprenticeship
• Industrial training
MINIMUM CREDITS
COMPONENT
SINGLE MAJOR* MAJOR*
WITH
GENERAL MAJOR* WITH MINOR
(e.g., SPECIALIST SPECIALISATION (e.g.,
Bachelor in (e.g., (e.g., Bachelor in Bachelor in
Business Bachelor in Business Marketing
Administratio Marketing) (Entrepreneurship)) with
n) Information
Technology)
Compulsory
Courses
8
(General** and
HEPs courses)
Common Core*** 42
36
36
(No more
(No more than
than 12
12 credits for 36
credits for
each (No more than 12
each
discipline core credits for each
discipline
area. Some discipline core area,
36 core area for
parts of the excluding the area
(All credits general
body of of specialisation.
are from a major. Some
Discipline Core knowledge of Some parts of the
single parts of the
each body of knowledge
discipline body of
discipline core of each discipline
core) knowledge
area are core area are
of each
covered, covered, taking into
discipline
taking into account the credit
core area
account the requirement)
are covered,
credit
taking into
requirement)
account the
21
MINIMUM CREDITS
COMPONENT
SINGLE MAJOR* MAJOR*
WITH
GENERAL MAJOR* WITH MINOR
(e.g., SPECIALIST SPECIALISATION (e.g.,
Bachelor in (e.g., (e.g., Bachelor in Bachelor in
Business Bachelor in Business Marketing
Administratio Marketing) (Entrepreneurship)) with
n) Information
Technology)
credit
requirement)
(All credits
are from a
single
discipline
core for
specialist
major)
Industrial
0
Training****
30 30
Specialisation*****
- (From a discipline (From
/ Minor
core area) another field)
Electives****** 0
Sub Total Credit 86 116
The remaining 34 credits can
The remaining 4 credits can be
be placed in any of the above
placed in any of the above
categories to complete the
categories to complete the minimum
minimum requirement of 120
requirement of 120 credits.
credits.
GRADUATING
120
CREDIT
22
Double Major within Business Studies (e.g. Bachelor in Marketing and Human Resource
Management)
Double Major from different disciplines (e.g. Bachelor in Management and Information
Technology)
23
Notes:
* HEPs must indicate clearly in standard 1.2.4 MQA-01/02 the programme structure when
designing a programme.
In the case of the Bachelor in Management programme, HEP can design it either as a
general or a specialist programme.
** General courses refer to Mata Pelajaran Pengajian Umum (MPU) courses which are
mandatory. Please refer to Garis Panduan Mata Pelajaran Pengajian Umum (MPU)
Edisi Kedua for the minimum credit requirement as stipulated by the Ministry of Higher
Education (MoHE). HEP has an option to offer its own compulsory courses in addition
to the General courses.
*** For a double major programme, if the majors are governed by programme standards
(PS), the minimum core requirements can be based on the respective PS. However,
the minimum graduating credit specified in this PS must be fulfilled.
***** Specialisation shall be in the same field or discipline of study of the programme major.
If a programme has double specialisations, both specialisations must meet minimum
25% of the core components (consisting of common core, discipline core, industrial
training and specialisation).
****** Electives can be non-business related courses. The number of credits for electives
should not lead to a specialisation or minor.
24
MASTER’S DEGREE BY COURSEWORK (Level 7, MQF)
25
Notes:
For a programme with specialisation, the project must be in the field of specialisation.
26
MASTER’S DEGREE BY MIXED MODE (Level 7, MQF)
Notes:
* The ratio of coursework to dissertation is within the range of 50:50 or 40:60 or 30:70.
(Refer to the Standards: Master’s and Doctoral Degree, 2nd edition).
** The research methodology must cover both qualitative and quantitative research
methods. For quantitative data analysis, HEP may refer to body of knowledge of
Business Analytics in the common core and discipline core.
*** Students are required to undertake research in a related field of study and submit a
dissertation.
27
• Field/industry visits (business organisations, universities, non-governmental
organisations, government-related corporations, and others)
• Fieldwork
• Apprenticeship
• Industrial training
• Guest lecture series (prominent speakers from the industry and academic institutions)
• Seminar
• Empirical studies
• Case study
Notes:
* Students are required to undertake research in a related field of study and submit a
dissertation.
28
DOCTORAL DEGREE BY COURSEWORK (Level 8, MQF)
Notes:
* The research methodology must cover both qualitative and quantitative research
methods. For quantitative data analysis, HEP may refer to body of knowledge of
Business Analytics in the common core and discipline core.
** Students are required to undertake research in a related field of study and submit a
project paper.
The HEP must have a set of procedures and guidelines pertaining to:
i. Minimum and maximum periods of study.
ii. A project or conspectus guideline or manual must be provided to describe a
common structure and format for submission. (Refer to the Standards: Master’s
and Doctoral Degree, 2nd Edition).
29
• Fieldwork
• Guest lecture series (prominent speakers from the industry and academic institutions)
• Colloquium/Seminar/Workshop
• Empirical studies
• Case study
Notes:
* The ratio of coursework to thesis is within the range of 50:50 or 40:60 or 30:70. (Refer
to the Standards: Master’s and Doctoral Degree, 2nd edition).
** The research methodology must cover both qualitative and quantitative research
methods. For quantitative data analysis, HEP may refer to body of knowledge of
Business Analytics in the common core and discipline core.
*** Students are required to undertake research in a related field of study and submit a
thesis.
The HEP must have a set of procedures and guidelines pertaining to:
i. Maximum period of study considering good practices.
ii. A thesis or conspectus guideline or manual must be provided to describe a
common structure and format for submission (Refer to the Standards: Master’s
and Doctoral Degree, 2nd Edition).
30
• Blended learning
• WBL
• Practical laboratory/classes
• Field/industry visits (business organisations, universities, non-governmental
organisations, government-related corporations, and others)
• Fieldwork
• Guest lecture series (prominent speakers from the industry and academic institutions)
• Empirical studies
• Attachment
• Colloquium/Seminar/Workshop
• Case study
Notes:
* Students are required to undertake research in a related field of study and submit a
thesis.
31
3. ASSESSMENT OF STUDENT LEARNING3
“Assessment of student learning is a key aspect of quality assurance and it is one of the most
important indicator of learning outcomes achievement. Hence, it is crucial that appropriate
assessment methods and mechanisms are in place. Qualifications are finally awarded on the
basis of the results of assessment. The assessment methods used must be aligned, clear,
consistent, effective, reliable, engaging, authentic and in line with current practices. They must
clearly measure the achievement of the intended learning outcomes” (COPPA 2nd Edition,
2017).
The percentages of continuous and final assessments for a course at each level of study are
presented in Table 3. The suggested forms of assessments indicated are merely examples.
The HEPs are encouraged to use various methods and tools appropriate for measuring
learning outcomes and competencies.
3 Standards in this area are best read together with Guidelines to Good Practices: Assessment of Students, which
is available on the MQA Portal: www.mqa.gov.my.
32
Table 3: The percentages of continuous and final assessments for each common core
and discipline core course.
CONTINUOUS FINAL
ASSESSMENT ASSESSMENT SUGGESTED FORMS OF ASSESSMENT
(%) (%)
CONTINUOUS FINAL
ASSESSMENT ASSESSMENT SUGGESTED FORMS OF ASSESSMENT
(%) (%)
CONTINUOUS FINAL
ASSESSMENT ASSESSMENT SUGGESTED FORMS OF ASSESSMENT
(%) (%)
33
CONTINUOUS FINAL
ASSESSMENT ASSESSMENT SUGGESTED FORMS OF ASSESSMENT
(%) (%)
o Practical assessment
o Presentation
o Demonstration
o Industrial training report
o Employer evaluation
o Final examination
CONTINUOUS FINAL
SUGGESTED FORMS OF
MODE ASSESSMENT ASSESSMENT
ASSESSMENT
(%) (%)
34
DOCTORAL DEGREE (Leval 8, MQF)
CONTINUOUS FINAL
SUGGESTED FORMS OF
MODE ASSESSMENT ASSESSMENT
ASSESSMENT
(%) (%)
Notes:
i. The HEPs should have a clear policy on the criteria for the appointment of external
and internal examiners for dissertation/thesis assessment at postgraduate levels.
35
4. STUDENT SELECTION
This section of the Programme Standards relates to the selection of students for a programme
of study.
“In general, admission to a programme needs to comply with the prevailing policies of the
Ministry of Education (MOE). There are varying views on the best method of student selection.
Whatever the method used, the HEP must be able to defend the consistency of the method it
utilises. The number of students to be admitted to a programme is determined by the capacity
of the HEP and the number of qualified applicants. HEP admission and retention policies must
not be compromised for the sole purpose of maintaining a desired enrolment. If an HEP
operates in geographically separated campuses or if the programme is a collaborative one,
the selection and assignment of all students must be consistent with national policies” (COPPA
2nd Edition, 2017).
The standards for the selection of students into the Business Studies programmes shall be
formulated in reference to generic national higher education policies pertaining to minimum
student entry requirement.
ENGLISH
COMPETENCY
MQF LEVEL ENTRY REQUIREMENT REQUIREMENT
(INTERNATIONAL
STUDENT)
36
ENGLISH
COMPETENCY
MQF LEVEL ENTRY REQUIREMENT REQUIREMENT
(INTERNATIONAL
STUDENT)
OR equivalent to CEFR
ii. Possesses SKM Level 3 in the related (High B1)**.
field;
OR
iii. A Certificate (Level 3, MQF) in the
related field with at least CGPA of 2.00;
OR
iv. A pass in Sijil Tinggi Pelajaran Malaysia
(STPM) with at least Grade C (GP 2.0) in
any subject;
OR
v. A pass in Sijil Tinggi Agama Malaysia
(STAM) with at least Grade Maqbul;
OR
vi. Other equivalent qualifications
recognised by the Malaysian
Government.
37
ENGLISH
COMPETENCY
MQF LEVEL ENTRY REQUIREMENT REQUIREMENT
(INTERNATIONAL
STUDENT)
guidance specific to the discipline of the
programme.
OR
viii. Other equivalent qualifications
recognised by the Malaysian
Government.
38
ENGLISH
COMPETENCY
MQF LEVEL ENTRY REQUIREMENT REQUIREMENT
(INTERNATIONAL
STUDENT)
Master’s Degree by Mixed Mode and
Research
39
ENGLISH
COMPETENCY
MQF LEVEL ENTRY REQUIREMENT REQUIREMENT
(INTERNATIONAL
STUDENT)
vii. Other qualifications equivalent to a
Bachelor’s degree (Level 6, MQF)
recognised by the Malaysian
Government.
40
ENGLISH
COMPETENCY
MQF LEVEL ENTRY REQUIREMENT REQUIREMENT
(INTERNATIONAL
STUDENT)
Senate and without relevant working
experience, subject to passing pre-
requisite courses******;
OR
iv. Other qualifications equivalent to a
Master’s degree (Level 7, MQF)
recognised by the Malaysian
Government.
Notes:
*** For Public Universities: Refer to Surat JPT.S(BPKP)2000/400/04/01 Jld.5 (53), 20th
November, 2019 - Pindaan syarat kelayakan minimum (Syarat am) Diploma TVET
(DKM, DLKM, DVM) sebagai syarat kelayakan masuk ke program Ijazah Sarjana
Muda di Universiti Awam (UA).
For Private Higher Educational Institutions: Refer to Surat JPT/GS 1000-606 Jld.
2(23), 21st April, 2020 - Kemasukan Pelajar Lulusan Diploma Kemahiran Malaysia
(DKM), Diploma Lanjutan Kemahiran Malaysia (DLKM) dan Diploma Vokasional
Malaysia (DVM) ke Peringkat Sarjana Muda (Tahap 6 MQF) atau yang setara
dengannya di Institusi Pendidikan Tinggi Swasta.
41
**** Rigorous assessment to evaluate the suitability of an applicant for a programme
through statement of purpose, interview and other methods may cover the following
criteria:
i. Demonstration of strong business experience, and that you have held significant
managerial responsibilities.
ii. Evidence of any achievements in your professional life, for example,
consistently performing at a high level, consistent career progression and any
impact that you have had on your organisation.
iii. Professional skills that you have developed, for example, team work,
leadership, problem-solving, negotiating and analytical skills.
iv. How you will contribute to your class and what experiences you can bring to the
institution. (Lancaster University, 2021)
****** The pre-requisite courses must equip the students with necessary business
knowledge (managing people, managing financial resources, understanding
customers, understanding environments and strategic planning) of one level lower
than the programme level.
******* The HEPs can take excellent Bachelor’s Degree (Level 6, MQF) graduates for
direct admission to Doctoral Degree by Research (Level 8, MQF) programme with
the following conditions:
i. Students have first class Bachelor's degree or equivalent qualification; or
ii. Students have obtained CGPA of at least 3.67 or equivalent from either an
academic or Technical and Vocational Education and Training (TVET)
programme; and
iii. Evaluated through rigorous internal assessment by the HEP; and
iv. Approved by the HEP Senate and accepted as a candidate for the Doctoral
Degree (Level 8, MQF) programme. Students must demonstrate appropriate
progress during the candidature period.
APEL.A provides an alternative entry route to formal programmes of study from Certificate
(Level 3, MQF) through to Master's Degree by Coursework and Mixed Mode (Level 7, MQF)
through recognition of learning and experiences regardless of how and where it was acquired.
(Refer to the Guidelines to Good Practices: Accreditation of Prior Experiential Learning
(APEL)).
42
5. ACADEMIC STAFF
“As the quality of the academic staff is one of the most important components in assuring the
quality of higher education, an HEP is expected to search for and appoint the best-suited
candidates, to serve its programmes, in an open, transparent and fair manner. To achieve
this, HEPs are expected to design and implement an academic staff search and recruitment
practice that is as efficient as it is effective to achieve the desired results. It is important that
every programme has appropriately qualified and sufficient number of academic staff, working
in a conducive environment that attracts talented individuals. The numbers recruited have to
be adequate for, and appropriate to, the needs of the programmes. The role of the academic
staff in various activities has to be clarified in order to reflect a fair distribution of
responsibilities. It is important for the HEP to provide a continuous staff development
programme for its academic staff, for them to be current in their knowledge and skills, both in
their chosen discipline as well as in their pedagogical skills” (COPPA 2nd Edition, 2017).
Table 5.1 provides the minimum requirements of the qualifications of academic staff and
relevant staff ratios for the different qualification levels in Business Studies. Besides
possessing qualifications in the related field, HEPs must ensure that academic staff are
assigned courses based on their areas of expertise or relevant industry experience.
Staff-student ratio
1:30
43
MQF LEVEL REQUIREMENT REMARK
Staff-student ratio
1:30
44
MQF LEVEL REQUIREMENT REMARK
Principal Supervisor
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field
a. with at least FIVE years of
relevant experience* in
teaching and research;
and
45
MQF LEVEL REQUIREMENT REMARK
b. has co-supervised master’s
candidate.
Co-Supervisor
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least ONE year of relevant
experience* in teaching and
research;
OR
iii. A Bachelor’s degree (Level 6,
MQF) in the relevant business
field with at least FIVE years of
relevant experience* at a level
appropriate for the dissertation
(applicable for co-supervisor
from industry / practitioner
only).
Teaching Staff
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least FIVE years of relevant
experience* in teaching;
OR
iii. A Bachelor’s degree (Level 6,
MQF) in the relevant business
field with at least FIVE years of
relevant experience* at a level
appropriate for courses to teach
practical/ professional/ hands-on
components (applicable for
teaching staff from industry /
practitioner only).
46
MQF LEVEL REQUIREMENT REMARK
Principal Supervisor
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field
a. with at least FIVE years of
relevant experience* in
teaching and research;
and
b. has co-supervised master’s
candidate.
Co-Supervisor
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least ONE year of relevant
experience* in teaching and
research;
OR
iii. A Bachelor’s degree (Level 6,
MQF) in the relevant business
field with at least FIVE years of
relevant experience* at a level
appropriate for the dissertation
(applicable for co-supervisor
from industry / practitioner
only).
47
MQF LEVEL REQUIREMENT REMARK
b. has supervised master’s or programme is 10** (only
doctoral research candidate to for Coursework and
completion. Mixed Mode
OR programme).
ii. A Master’s degree in the relevant
business field Staff-student ratio
a. with at least TWO years of i. 1:12 (only for
experience* in teaching and Coursework and Mixed
research; Mode programme)
and ii. Overall principal
b. has supervised master’s or supervisor student ratio
doctoral research candidate to is 1:10***
completion;
and The principal project
c. has extensive experience in supervisor must be from the
research, subject to the related field of study and a
approval of the Senate of the full-time staff of the HEP.
HEP.
OR
iii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least TEN years of relevant
experience* at a level appropriate
for thesis (applicable for
supervisor from industry /
practitioner who is to be
appointed as co-supervisor
only).
Teaching Staff
i. A Doctoral degree (Level 8, MQF)
in the relevant business field with
at least TWO years of experience*
in teaching;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least TEN years of relevant
experience* at a level appropriate
for courses to teach practical/
professional/ hands-on
components (only for teaching
staff from industry /
practitioner).
48
MQF LEVEL REQUIREMENT REMARK
Principal Supervisor
i. A Doctoral degree in the relevant
business field
a. with at least TWO years of
experience* in teaching and
research;
and
b. has supervised master’s or
doctoral research candidate
to completion.
OR
ii. A Master’s degree in business or
the relevant business field
c. with at least TWO years of
experience* in teaching and
research;
and
d. has supervised master’s or
doctoral research candidate to
completion;
and
e. has extensive experience in
research, subject to approval of
the Senate of the HEP.
Co-Supervisor
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field and
extensive experience in research,
subject to the approval of the
Senate of the HEP;
OR
iii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least TEN years of relevant
experience* at a level appropriate
for the thesis (applicable for co-
supervisor from industry /
practitioner only).
49
MQF LEVEL REQUIREMENT REMARK
Teaching Staff
i. A Doctoral degree (Level 8, MQF)
in the relevant business field with
at least TWO years of experience*
in teaching;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least TEN years of relevant
experience* at a level appropriate
for courses to teach practical/
professional/ hands-on
components (applicable for
teaching staff from industry /
practitioner only).
Principal Supervisor
i. A Doctoral degree in the relevant
business field
a. with at least TWO years of
experience* in teaching and
research;
and
b. has supervised master’s or
doctoral research candidate to
completion;
OR
ii. A Master’s degree in business or
the relevant business field
a. with at least TWO years of
experience* in teaching and
research;
and
b. has supervised master’s or
doctoral research candidate to
completion;
and
c. has extensive experience in
research, subject to approval by
the Senate of the HEP.
50
MQF LEVEL REQUIREMENT REMARK
Co-Supervisor
i. A Doctoral degree (Level 8, MQF)
in the relevant business field;
OR
ii. A Master’s degree (Level 7, MQF)
in the relevant business field and
extensive experience in research,
subject to the approval of the
Senate of the HEP;
OR
iii. A Master’s degree (Level 7, MQF)
in the relevant business field with
at least TEN years of relevant
experience* at a level appropriate
for the thesis (applicable for co-
supervisor from industry /
practitioner only).
Note:
** Refer to Surat Makluman MQA Bil. 7/2014 – Garis Panduan Beban Staf Akademik.
*** The overall principal supervisor-student ratio is inclusive of Master’s and Doctoral
degree students.
A candidate without a Bachelor’s degree but with a Master’s degree obtained through the
Accreditation of Prior Experiential Learning for Access [APEL.A] route may be accepted as
academic staff, considering the qualification in the related field together with the relevant
industry experience gained. The HEPs should ensure that these academic staff are
assigned courses based on their qualifications and areas of expertise.
51
The HEPs must commit to providing staff with development opportunities to ensure that their
staff are able to contribute fully to their vision and mission. Therefore, the HEPs must provide
the academic staff with at least 40 hours per year of Continuous Professional
Development (CPD) programmes to enhance their expertise and skills in teaching, learning,
assessment and research. The CPD may include participating in training, workshops and
conferences; pursuing academic / professional qualifications; engaging in self-directed
studies; coaching / mentoring / tutoring; and performing industrial attachments, consultancies
and community services. Part-time and / or contract staff should also be considered in the
CPD programmes.
52
6. EDUCATIONAL RESOURCES
“Adequate educational resources are necessary to support the teaching and learning activities
of a programme. These include all the required academic and instructional expertise, physical
facilities, information and communication technologies, research facilities, and finance”
(COPPA 2nd Edition, 2017).
For Business Studies programmes, Higher Education Providers (HEPs) are required to
provide sufficient resources conducive to support learning and teaching in the field. Lecture
and tutorial rooms, and technical support / facilities, must be designed to accommodate
student-centred learning. For research in postgraduate programmes, students should be
provided with a conducive work area.
53
7. PROGRAMME MANAGEMENT
“There are many ways of administering an educational institution and the methods of
management differ between Higher Education Providers (HEPs). Nevertheless, governance
that reflects the collective leadership of an academic organisation must emphasise excellence
and scholarship. At the departmental level, it is crucial that the leadership provides clear
guidelines and direction, builds relationships amongst the different constituents based on
collegiality and transparency, manages finances and other resources with accountability,
forges partnership with significant stakeholders in educational delivery, research and
consultancy, and dedicates itself to academic and scholarly endeavours. Whilst formalised
arrangements can protect these relationships, they are best developed by a culture of
reciprocity, mutuality and open communication” (COPPA 2nd Edition, 2017).
This PS does not raise issues pertaining to governance and administration as these are at the
institutional rather than at the programme level. In this PS, academic leadership largely
focuses on suitably qualified persons in the Business Studies field to manage the programme
delivery from admission to graduation. The leaders of the programme should demonstrate
knowledge of the field and the attributes of good ethical values in work practices. A person
holding the programme leadership position must has relevant academic qualifications and
experience in the area of study. Additionally, the following characteristics may be looked in a
programme leader:
i. broad-based view of business studies and perception of the education industry and its
impact on the environment and society;
ii. ability to inspire others to perform at their full potential;
iii. ability to listen and communicate effectively with sensitivity to both individuals and
groups;
iv. ability to show a strong commitment in translating the organisation’s aspirations
through initiatives consistent with the organisation’s purposes;
v. ability to make sound judgements based on relevant input or information;
vi. flexible to changing demands and pressures from key stakeholders to achieve
individual and organisational goals;
vii. ability to promote continuous learning among staff and student; and
viii. ability to establish a constructive mechanism for collaboration with stakeholders.
54
Table 7: Criteria for Selection of Programme Leader
Note:
Experience can be cumulative experience even before acquiring required qualification for a
particular level of study. However, the experience must be relevant to the level of study as
well as the content.
55
8. PROGRAMME MONITORING, REVIEW AND CONTINUAL QUALITY
IMPROVEMENT
Feedback from multiple sources -- students, alumni, academic staff, employers, professional
bodies and informed citizens -- assists in enhancing the quality of the programme. Feedback
can also be obtained from an analysis of student performance and from longitudinal studies.
Measures of student performance includes the average study duration, assessment scores,
passing rate at examinations, success and dropout rates, students’ and alumni’ reports about
their learning experience, as well as time spent by students in areas of special interest.
Evaluation of student performance in examinations can reveal very useful information. For
example, if student selection has been correctly done, a high failure rate in a programme
indicates something amiss in the curriculum content, teaching-learning activities or
assessment system. The programme committees need to monitor the performance rate in
each course and investigate if the rate is too high or too low.
“Comprehensive monitoring and review of the programme for its improvement is to be carried
out with a proper mechanism, considering feedback from various parties. The committee
responsible for this should be granted adequate autonomy to carry out its responsibility
effectively. It is desirable that the departments work in association with the HEP’s central
Quality Assurance Unit to ensure objectivity” (COPPA 2nd Edition, 2017).
56
The HEPs are expected to provide evidence of their ability to monitor, maintain and improve
the quality of the programme consistent with internal and external requirements, and keep
pace with changes in the field of Business Studies and the requirements of the stakeholders.
These shall be demonstrated by, but are not limited, to the following:
i. The department must have a Quality Assurance (QA) unit for internal quality assurance
of the department working together with the QA unit of the HEP.
ii. A comprehensive curriculum review should be conducted at least once every two to five
years. Nonetheless, updating the curriculum to keep pace with current developments
should be conducted at a more regular interval.
iii. Compulsory appointment of external advisor(s) qualified in the relevant fields to provide
feedback on programme design and review.
iv. Compulsory appointment of external examiner(s) qualified in the relevant fields to review
the assessment systems for Bachelor’s degree (Level 6, MQF) and above.
v. Consultation/Engagement with stakeholders.
57
REFERENCES
Lancaster University. (2021, 14th August). Apply for the Lancaster MBA.
https://www.lancaster.ac.uk/lums/postgraduate/mba/the-lancaster-mba/mba-apply-
and-funding
Ministry of Higher Education (2016). Garis Panduan Mata Pelajaran Pengajian Umum
(MPU) Edisi Kedua. Putrajaya, Malaysia.
Surat JPT/GS 1000-606 Jld. 2(23) – Kemasukan Pelajar Lulusan Diploma Kemahiran
Malaysia (DKM), Diploma Lanjutan Kemahiran Malaysia (DLKM) dan Diploma
Vokasional Malaysia (DVM) ke Peringkat Sarjana Muda (Tahap 6 MQF) atau yang
setara dengannya di Institusi Pendidikan Tinggi Swasta, dated 21st April 2020.
58
APPENDIX 1
59
APPENDIX 2
A. Ministry/Government Agency
60
29. UCSI College
30. ASA College
31. Institut FMM
C. Industry
D. Students
E. Alumni
F. Panel of Assessors
G. MQA Officers
61
APPENDIX 3
BODY OF KNOWLEDGE
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
62
2) MARKETING
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Overview of Marketing / / / / /
Marketing Mix / / / / /
Sales Management / / /
Marketing Environment / / / / /
Consumer Behaviour / / / / /
1. Marketing Market Segmentation, Targeting and / / / / /
Positioning
Marketing Communication / / / / /
International/Global Marketing / / / /
Marketing Research / / / /
Market Planning / / /
63
3) ACCOUNTING AND FINANCE
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Investment Evaluation
Business
2. Capital Structure and Cost of Capital
Finance
Dividend Policy
64
4) BUSINESS ECONOMICS
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Introduction to Economics
Monetary System
Unemployment
Aggregate Demand /
Government Debt /
Monetary Policy / /
Fiscal Policy / /
65
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Sources of Growth
3. Digital and Knowledge Economy
Consequences of IR4 / / / /
66
5) MANAGEMENT
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Evolution of Management
Overview of Strategic / / /
Management
Strategic Analysis /
Strategy Implementation
Effective Governance
Frameworks
67
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Motivation
Team Dynamics
Communication
Leadership
Organisational Processes
Decision-Making and
Negotiation
68
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Characteristics of Entrepreneurs
Entrepreneurial Networking
Overview of International
Business
Role of Culture
Overview of Business
7. Business Communication Communication
Communication Process
69
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Barriers to Communication
Moral Development /
8. Business Ethics Ethics of Work and /
Management
Digital Commerce / / / / /
Customer Relationship / / / /
Management and Technology
9. Digital Business
Applications and Implications of / / / /
Artificial Intelligence, Blockchain
and Digital Currency in Digital
Business
70
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Manufacturing/Service / / / / /
Operations
Overview of Management / / / / /
Information Systems
Impacts of IT&S on / / / /
Organisational Structures,
Strategies and Processes
71
6) BUSINESS ANALYTICS (only for NEC 340 and 345)
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Data Visualisation / / / / /
72
DISCIPLINE CORE FOR BUSINESS STUDIES
The Programme Standards presents twelve discipline cores. Below is the list of areas for each discipline core followed by respective body of
knowledge at the stated qualification levels.
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Job Analysis / / / / /
Forecasting HR Requirements / / / / /
1. HR Planning
Forecasting HR Availability / / / / /
Concept of Recruitment / / / / /
Recruitment Process / / / / /
Recruitment and
2.
Selection
Concept of Selection / / / / /
Selection Process / / / / /
Salary Survey / / / ./ /
Compensation and
3.
Benefit
Direct Financial Compensation / / / / /
73
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Non-Financial Compensation / / / / /
Concept of IR/ER / / / / /
Collective Bargaining / / / / /
74
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Concept of Safety / / / / /
75
2) MARKETING
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Decision-Making Model / / / / /
Information Analysis / / / /
76
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Decisions to go Global / / / /
4. Service
Marketing Service Marketing Strategy / / / /
Service Quality / / / / /
Product Strategies / / / /
77
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Understanding Pricing / / / /
Pricing Analysis / / / /
Price Adaptation / / / /
Type of Retailers / / / /
Retail Environment / / / /
8. Retailing
Analysing Needs of Customers / / / /
Retailing Strategies / / / /
78
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
79
3) FINANCE
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Debt Markets
80
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Options Markets
4. Derivatives
Approach to Pricing Derivatives
81
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Islamic Economics
82
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Cybersecurity / / /
Note: A single major and double major Bachelor's degree and Master's degree in Finance must refer to body of knowledge in Programme
Standards: Finance. Whereas, a business major with Finance specialisation (e.g. BBA (Finance)) must cover all the areas of the Finance discipline
core in Programme Standards: Business Studies.
83
4) BUSINESS ECONOMICS
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Monopoly Pricing
Oligopolistic Market
Game Theory
Intermediate
1.
Microeconomics
Choice Under Uncertainty
Economics of Information
Macroeconomic Policies
Economic Growth
84
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Regression Analysis
Dummy Variables
Non-linear Regression
Heteroscedasticity
3. Econometrics
Autocorrelation
Organisational Architecture
85
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Pricing Tactics
86
5) MANAGEMENT
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Managing Culture
87
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Managing Change
Decision-Making Process
88
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Project Communications
Management
89
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Process Management
90
6) ENTREPRENEURSHIP
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Entrepreneurial Life
91
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
92
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Social Entrepreneurship
93
7) INTERNATIONAL BUSINESS
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Drivers of Globalisation
94
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
International/Global Marketing
5.
The Foreign Exchange Rate Determinants and
Exchange Market Forecasting
95
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
96
8) LOGISTICS AND SUPPLY CHAIN MANAGEMENT
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
97
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
98
9) TECHNOLOGY MANAGEMENT (only for NEC 340 and 345)
MQF Level
No Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Theories of Technology / / / /
Innovations / / / /
Technology Diffusions / / / /
Intellectual Property / / / /
R & D Management / / /
Technology
2. Creation and Technology Acquisitions / / /
Development
New Product Development / / / /
99
MQF Level
No Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Technology Commercialisation / / / /
Technology Start-up / / /
100
MQF Level
No Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Technology
National Innovation System / / / /
Social Innovations / / / /
101
10) BUSINESS INFORMATION SYSTEMS
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
102
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Data Warehousing
103
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Data Normalisation
Data Queries
Database Administration
Business Information
Wireless LANs
104
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Data Transmissions
Network Security
Network Management
105
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
IT Policy Development
Key IT Policies
Resource Management
Contracting
Assessing IT Risks
Managing IT Risks
Maturity Models
IT and Organisation
106
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
IT Governance
Project Management
Knowledge Management
107
11) DIGITAL BUSINESS
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
108
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Data Warehousing
109
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Process Management
Logistics: Warehousing
Performance Measurement
Systems Analysis
110
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Data Normalisation
Data Queries
Database Administration
111
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Emerging Threats
Ethical Issues /
112
12) BUSINESS ANALYTICS (only for NEC 340 and 345)
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
Information Visualisation / / /
Scientific Visualisation / / /
2. Data Visualisation
Evaluation of Visualisation Tools / / /
113
MQF Level
No. Area Body of Knowledge
Certificate Diploma Bachelor’s Master’s Doctoral
114
APPENDIX 4
EXAMPLES OF NOMENCLATURES
Programme
Structure Explanation Example
115
Programme
Structure Explanation Example
Double Major A double major programme should consist of Double Major within
an equal percentage (50%) of the body of Business Studies
knowledge from two different areas in the • Bachelor in Business
programme core. Economics and
Management
The conjunction 'and' is used in naming this • Bachelor in Supply
type of programme where both areas are Chain Management
mentioned. and Business Analytics
The programme structure for Certificate and Double Major from
Diploma programmes shall not include a different discipline
double major. • Bachelor in
Entrepreneurship and
Halal Logistics.
• Bachelor in Marketing
Management and
Information
Technology.
116
GLOSSARY
117
11) Related fields Related fields refer to the programmes with at least
25% of their programme core that cover relevant BOK
of this PS.
118