MASTER OF ECONOMICS AND BANKING (MEB)
VISION
The vision of the Dept. of Economics & Banking is to be a leader in the educational discipline of Economics and Banking through creative and hand-on learning experience that make our students ready for embracing opportunities and Challenges in a globally competitive world. We will, if Allah wills, be caring to the diverse needs of all our stakeholders.
MISSION
The mission of the Dept. of Economics & Banking is to deliver a shared learning environment that makes our students ready to be accountable and responsible leaders, entrepreneurs, managers, and professionals. We prepare our pupils to succeed and to practice enlightened values of citizenship. As a land-grant university we have an innate responsibility to serve the neighboring regions or territory.
The Program Educational Objectives (PEO)
This program works towards ensuring that all IIUC Master level students who wish to enrich their education with Economics & Banking by attaining the true experience of the application of economic and banking related activities.
This program offers accessible, high-quality education in Economics & Banking that prepares students with intellectual and professional skills, moral and ethical principles, and a global perspective at reasonable tuition fees. In particular, it provides comprehensive, systematic and research oriented curricula in economics and banking.
The Program Educational Objectives for Economics & Banking are as follows:
- PEO 1: Working with faculty to develop and publicize new knowledge through research
- PEO 2: Assisting students in accessing opportunities in the field of Economics & Banking
- PEO 3: Fostering student understanding of the development of Economics & Banking
- PEO 4: Providing instruction on research methodologies, etiquette, and ethics
- PEO 5: Creating opportunities for students to make their work public
- PEO 6: Creating opportunities for students to envision themselves as contributing participants in a community of scholars
ADMISSION REQUIREMENTS
Candidates having honors/preliminary in Economics or honors degree holders in any discipline can apply for getting admission into MEB program. Candidates have to face an admission test (Viva) for selection. The admission test committee takes into consideration the academic results, work experience, English proficiency, individual interest and performance of interview of the candidates. However, the requirements of admission to MEB program are as follows:
Under Grading System:
- Minimum total GPA 7.50 (securing GPA 2.5 in each exam of SSC, HSC & Honors); OR
- Minimum Total GPA 8.00 (securing combined GPA 6.00 in SSC & HSC Exam but not less than GPA 2.00 in each exam of SSC & HSC with minimum GPA 2.00 in Honors).
Under Traditional Class System:
- Minimum 5 points having minimum two 2nd division in SSC & HSC (where first class = 3 points, second class = 2 points and third class = 1 point).
BREAK-UP OF FEES & CHARGES
For Economics (Hons) Degree Holders (40 Credit Hours):
| SL | Description | Amount |
|---|---|---|
| 1 | Admission Fees (Once & non-refundable) | Tk. 7,500/- |
| 2 | Tuition Fees (Tk. 700 × 40 CH ) | Tk. 28,000/- |
| 3 | Semester Fees (Tk. 5,000 × 2) | Tk. 10,000/- |
| 4 | Exam Fees (Tk. 100 × 40 CH ) | Tk. 4,000/- |
| 5 | Establishment Fees (Tk.2,000 × 2 Semesters) | Tk. 4,000/- |
| 6 | Development Fees (Tk. 2,500/- for 1st semester & Tk. 1,500/- for 2nd semester) | Tk. 4,000/- |
| 7 | Orientation Fee | Tk. 3,000/- |
| 8 | Library Development Fee | Tk. 1,000/- |
| 9 | Rover Scount Fee | Tk. 16/- |
| Total Fees and Charges: Tk. 61,516/- | Payable during Admission Tk. 37,016/- | |
For Honors Degree Holders other than Economics(60 Credit Hours):
| SL | Description | Amount |
|---|---|---|
| 1 | Admission Fees (Once & non-refundable) | Tk. 7,500/- |
| 2 | Tuition Fees (Tk. 700 × 60 CH ) | Tk. 42,000/- |
| 3 | Semester Fees (Tk. 5,000 × 3) | Tk. 15,000/- |
| 4 | Exam Fees (Tk. 100 × 60 CH ) | Tk. 6,000/- |
| 5 | Establishment Fees (Tk.2,000 × 3 Semesters) | Tk. 6,000/- |
| 6 | Development Fees (Tk. 2,500/- for 1st semester & Tk. 1,500/- per semester [2nd to 3rd]) | Tk. 5,500/- |
| 6 | Orientation Fee | Tk. 3,000/- |
| 7 | Library Development Fee | Tk. 1,000/- |
| 8 | Rover Scount Fee | Tk. 16/- |
| Total Fees and Charges: Tk. 86,016/- | Payable during Admission Tk. 37,016/- | |
CLASS TIMING
| Friday: 9.30 am to 8.00 pm | Saturday: 2.00 pm to 4.30 pm |
DURATION OF PROGRAM
The normal duration of Master of Economic and Banking (MEB) program is one academic year (i.e. 2 semesters) for Honors graduates in Economics and one & half academic years (i.e. 3 semesters) for Non-Economics graduates (Hons.).
Semester wise Courses:
| SL | Course Code | Course Name | Credit Hours | Prerequisite |
|---|---|---|---|---|
| 1 | BNKG-5105 | Fundamentals of Banking | 3 | |
| 2 | ECON-5101 | Principles of Microeconomics | 3 | |
| 3 | ECON-5104 | Fundamentals of Econometrics | 3 | |
| 4 | ECON-5106 | Principles of Macroeconomics | 3 | |
| 5 | MATH-5102 | Mathematics for Business & Economics | 3 | |
| 6 | STAT-5103 | Statistics for Business & Economics | 3 | |
| 7 | VIVA-5107 | Viva-Voce | 2 |
| SL | Course Code | Course Name | Credit Hours | Prerequisite |
|---|---|---|---|---|
| 1 | BNKG-5204 | Monetary Economics & Banking | 3 | |
| 2 | BNKG-5205 | Financial Markets and Institutions | 3 | |
| 3 | BNKG-5206 | Bank Services Marketing | 3 | |
| 4 | ECON-5207 | Advanced Microeconomics | 3 | |
| 5 | ECON-5208 | Manpower & Labor Economics | 3 | |
| 6 | MATH-5203 | Mathematics: Static & Dynamic Optimization | 3 | |
| 7 | VIVA-5209 | Viva-Voce | 2 |
| SL | Course Code | Course Name | Credit Hours | Prerequisite |
|---|---|---|---|---|
| 1 | BNKG-5303 | Corporate Finance | 3 | |
| 2 | BNKG-5306 | Treasury Management | 3 | |
| 3 | BNKG-5307 | Lease and Investment Banking | 3 | |
| 4 | ECON-5302 | Advanced Macroeconomics | 3 | |
| 5 | ECON-5304 | Advanced Econometrics | 3 | |
| 6 | ECON-5306 | Products Design in Islamic Economic System | 3 | |
| 7 | ECON-5307 | Development Studies | 3 | |
| 8 | ECON-5308 | Managerial Economics | 3 | |
| 9 | ECON-5309 | Circular Economy | 3 | |
| 10 | FIN-5301 | International Trade & Finance | 3 | |
| 11 | FIN-5302 | Managerial Finance | 3 | |
| 12 | FIN-5308 | Insurance & Risk Management | 3 | |
| 13 | THES-5306 | Thesis | 6 | |
| 14 | VIVA-5305 | Viva-voce | 2 |
TEACHING METHODS
The method of teaching is Outcome–based education (OBE) and Bi-Semester system of Continuous Quality Improvement (CQI) through self-examination and external review. In this process, students are evaluated throughout a course of study rather than exclusively by examination at the end. It is multidimensional based on student’s (a) attendance in the Classes; (b) performance in Assignments and Class Tests ,(c) Scores in the Mid-Term and the Final Examination (d) Lab. Reports, (e) Thesis/ Project/ internship, (f) Presentations (g) Viva-voce , (f) Industry visits (g) Co-Curricular and Extra-curricular activities.
CLASS TIMING
| Friday: 9.30 am to 8.00 pm | Saturday: 2.00 pm to 4.30 pm |
CLASS SYSTEM
There is an arrangement of 15-week classes in each semester for MBA program. Normally, the duration of theory class is 60 minutes for MBA programs. For a 3 credit hour course, there shall be 45 classes in a semester for this program. If any class is missed for unavoidable circumstances, another make-up class must be taken to complete the scheduled class.
EXAMINATION SYSTEM
There shall be Assignments, Class Tests, Mid-Term & Final Exam, Thesis/Project/Internship, Presentations, Viva-voce, Industrial visits, Co-curricular and Extra-curricular activities. The Mid-term Examination is held after conducting 6 weeks classes and Final Examination is held at the end of each semester i.e. conducting 9 weeks classes after Mid-term Examination. Each 3 Credit Hours course bears 100 marks.
GRADING SYSTEM
The grading system of IIUC for assessing the performance of the students is made following the uniform grading system of UGC which is shown in the table below:
| Marks (%) | Letter Grade | Grade Point | Remarks |
|---|---|---|---|
| 80-100 | A + | 4.00 | Excellent |
| 75–79 | A | 3.75 | Very Good |
| 70–74 | A- | 3.50 | |
| 65–69 | B+ | 3.25 | Good |
| 60–64 | B | 3.00 | |
| 55–59 | B- | 2.75 | Satisfactory |
| 50–54 | C+ | 2.50 | |
| 45–49 | C | 2.25 | Pass |
| 40–44 | D | 2.00 | |
| 00–39 | F | 0.00 | Fail |
CALCULATION OF GPA AND CGPA
GPA: Grade Point Average (GPA) is computed by dividing the total grade point earned by the number of credit hours attempted in a particular semester.
CGPA: Cumulative Grade Point Average (CGPA) is computed by dividing the total grade point earned by the total number of credit hours attempted at the diploma courses up to that point of time.
EVALUATION SYSTEM OF A TAUGHT COURSE
Evaluation system of MBA program:
| SL | Events | Sub-events | % of marks |
|---|---|---|---|
| 1 | Internal Evaluation | Attendance | 10% |
| Class Test / Assignment | 10% | ||
| Case Study / Presentation | 10% | ||
| 1 | Written Exam | Mid-Term Exam | 30% |
| Final Exam | 40% | ||
| Total | 100% | ||
Evaluation System of Internship / OCP / Dissertation (Thesis) (as per UGC suggestion):
| SL | Events | % of marks |
|---|---|---|
| 1 | Evaluation by Supervisor | 40% |
| 2 | Evaluation by Second Examiner | 30% |
| 3 | Project/thesis presentation and defence | 30% |
| Total | 100% | |
Basis for awarding marks of attendance is generally as follows:
| SL | Attendance | Awarding marks |
|---|---|---|
| 1 | 90% and above | 10 |
| 2 | 85% to less than 90% | 9 |
| 3 | 80% to less than 85% | 8 |
| 4 | 75% to less than 80% | 7 |
| 5 | 70% to less than 75% | 6 |
| 6 | 65% to less than 70% | 5 |
| 7 | 60% to less than 65% | 4 |
| 8 | less than 60% | 0 |