Welcome to the Labuan Faculty of International Finance, currently one of the largest faculties in the University with over 2,000 undergraduates, whose learning is nurtured by more than 40 academic and administrative staff. Our students and academic staff are accommodated in well-established lecture rooms, halls and computer labs in modern buildings and are presently supported by excellent UMS library and ICT.
The Faculty was previously known as Labuan School of International Business and Finance in which it was operated since 1999 where the first intake of students emanated throughout the nation. In 1999, the Faculty offered four (4) international programmes covering International Finance, International and Offshore Banking, International Marketing, International Financial Economics. In 2004, however, the Faculty offered Islamic finance programme with an international perspective. Situated in the Federal Territory of Labuan, the faculty is becoming a leading regional centre for both conventional and Islamic Finance for Asia-Pacific.
As such, the Faculty’s vision is to be a centre of excellence in the international finance where holistic, competitive and globally standing come into play. In terms of mission, the Faculty aims to be a centre of excellence in the international finance and attains international recognition through teaching, learning, research, publication, social contribution and the sustainability of knowledge base that births a human capital who is both competent and high in quality that helps turn the discourse of socio-economy of the nation. In line with this assertion, the Faculty aims to produce talents in the international finance to fulfil the requirements of local and regional workforces. In response to these requirements, the Faculty stresses on three important goals, namely excellence in research, excellence in teaching and excellence in international collaborations.
Concerning research excellence, the Faculty, recently, has successfully obtained various research grants including RAGS, FRGS and SGPUMS with a money value of more than RM600,000. Of these, one project funded by the Ministry of Higher Education under the grant name, FRGS with a money value of RM75,700. The research conducted by our academic staff address interesting and latest issues on information system, exchange rate, corporate social responsibility, credit card debt behaviour, Islamic financing, payment system, mobile marketing, service industry, e-marketing, brand image and Islamic marketing, to mention some.
Concerning teaching excellence, the Faculty’s teaching is underpinned by excellence in research with the result that most students in their final year are likely to have a taste of research training as they carry out their projects for final year presentations (the acronym FYP). This makes our students become profound experts, inspired with cogent soft skills, on the content and the methods of conducting research and presentation. This is made possible since the Faculty has the highly qualified and distinguished academic staff whose outstanding record of accomplishment is not only in teaching but also in research and publications. The Faculty is also proud of its advanced computer laboratories covering both advertisement and investment labs. Needless to say, our lecture halls are equipped with multimedia systems to enhance students’ learning process and lecturers’ delivery.
The Faculty also extends its goal to incorporate international collaborations with foreign universities covering Universitas Trisaksti, Jakarta (Indonesia), Universiti Brunei Darussalam (Brunei) and Institute of Islamic Banking and Insurance (IIBI), London, the UK. The Faculty also has an MOU with INCEIF, Malaysia in Islamic banking and finance. More importantly, our collaborations with foreign and local universities and institutions are extended to include research, teaching and publication and are expected to be conducted from time to time.
Furthermore, I would like to extend my appreciation to the academic and administrative staff teams that have served the Faculty with passion and dedication. Thank you. In addition, I hope that each of our academic staff will take serious responsibility to produce at least one journal article publication yearly. By all means, you can do it.
In all, may Allah Azza Wa Jalla guide us to achieve our Faculty’s vision and mission.
With best wishes,
Associate Professor Dr. Hanudin Amin
Dean, Labuan Faculty of International Finance