Employability and marketability of the graduates of Islamic studies in Islamic banking and finance: Malaysian experience
Purpose: This paper attempts to explore the role played by Islamic Studies in the areas of Islamic economical and financial education at Higher Educational Institutions for employability and marketability of the graduates; particularly, in facing the challenges of the issues of globalization. This d...
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| Format: | Article |
| Language: | English |
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Mehir Vakfi
2010
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| Online Access: | http://irep.iium.edu.my/36256/ http://irep.iium.edu.my/36256/ http://irep.iium.edu.my/36256/1/ihad%2B16__%28p503-516%29.pdf |
| Summary: | Purpose: This paper attempts to explore the role played by Islamic Studies in the areas of Islamic economical and financial education at Higher Educational Institutions for employability and marketability of the graduates; particularly, in facing the challenges of the issues of globalization. This desirable change of trend in teaching and learning is closely linked with the emergence of Islamic Banking systems and institutions, which are widespread in Islamic Countries and have even entered into the majority non-Muslim countries.
Design/methodology/approach: This conceptual-based paper critically analyzes Marketability of qualified students in terms of attaining employment and their integration in the mainstream society. This paper then shows how much the Islamization project in Malaysia has impact on the development of the study of Islamic Banking and Finance; with increasing the job opportunities in this filed; how much function the government has instilled, if the state policy is not involved in, can there be still a field of interest?
Findings: This paper finds that Islamic studies including Islamic banking and finance have least percentage of unemployed graduates. In another word, the globalization resulted that the graduates of these studies have much chance to be employed than others.
Research limitations/implications: This paper assumes that the outcomes of the paper can be applied to newly established institutions for betterment of Islamic studies in banking and finance graduates. However, this may not be applicable to all Islamic studies individually.
Practical implications: This paper shows that the area of Islamic economics, banking and finance would benefit by introducing soft and hard skills as well as double degree or major programs in Islamic studies.
Originality/value: This paper contributes to the researchers, academicians, Banking and Finance institutions to provide more opportunities to increase the employability and marketability of the graduates in Higher Education. As Malaysia, particularly, has accomplished a remarkable growth in developing Islamic financial institutions besides the conventional banking system, Islamic Banking system and its various institutions required workers and officials with background and competencies in Islamic studies. In fulfilling the demand, Malaysian higher educational institutions spontaneously introduced courses and programs on Islamic banking. |
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