The first degree program to be started is BS (Islamic Finance). The following structure of BS Economics (Islamic Finance) is proposed keeping in View the HEC guidelines and precedence set forth by other universities.
||The nomenclature of the degree shall be “BS Economics (Islamic Finance)OR “BS Economics
||144 Credit hours, However a student must take 63 compulsory credit hours in economics.
The programs shall be introduced as 2+2 model with the conditions which allows the students to either to take exit after completion of 4 semesters or to continue uptil completion of 8 semesters of BS Hons as under
- If the student takes exit after 4 semesters, he/she shall be awarded with Associate Degree in Economics equivalent to BA as per HEC rules.
- In case the student has obtained 2-year Associate Degree [Economics] in any recognized college/DAI, he/she shall be considered eligible for entry in the 5th semester of BS Economics [Islamic Finance] subject to availability of seats in KIE.
- In case the student has or completed 4 semesters in BS Economics in any recognized college/DAI, he/she shall be considered eligible for entry in the 5th semester of BS Economics [Islamic Finance] subject to availability of seats in KIE.
- The students taking entry in the 5th semester, however, would be required to complete deficiency courses as indicated by the Admission Committee of the Institute. Special courses may be offered for such students to make up their deficiencies.
- The benefit of introducing 2+2 model is that due to entry-exit options, interested and excelling students graduating from outside KIE [colleges/DAIs] may get admission here for completion of degree in BS Islamic Finance while those having lesser interest or poor performance during first 4 semesters of BS Economics [Islamic Finance] may have an opportunity to quit BS Islamic Finance and complete simple BS Economics degree.
- Foundations courses shall be the same for all the Pathways/specializations keeping in view HEC guidelines.
Courses of advance major category shall be offered in a way which would clearly indicate orientation towards a specific pathway. Specialization Pathways might include
- Regulatory or Shariah Compliance
- Islamic banking Product Development
- Treasury Management
- Corporate Governance
- Research in Islamic Economics, banking and Finance