1. 2. 3.

NAME OF COURSE / MODULE COURSE CODE NAME(S) OF ACADEMIC STAFF RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME SEMESTER & YEAR OFFERED TOTAL STUDENT LEARNING TIME (SLT)

PENGANTAR PERNIAGAAN MGA1013 HAMDI HAKEIM MUDASIR This course provides students with a basic foundation for business discipline, as introduction for Entrepreneurship courses. This course will facilitate students with skills to develop business plan before performing the actual business activity. Semester 2/ Year 1 Face to face: Total Guided and Independent Learning: 128 L=lecture ; T=Tutorial; P=Practical; O=Others (Exam)

4.

5.

6.

L 28

T 23

7. 8.

CREDIT VALUE PREREQUISITE (IF ANY)

124/40= 3 credit; 2+2 Nil 1. to provide student with basic business elements, key concepts and theories, both from Islamic and conventional perspective. to expose students with the current business environment through the industrial visit. to enable students to develop a business plan.

9.

OBJECTIVES

2. 3.

10.

LEARNING OUTCOMES

At the end of the course, learners will be able to: 1. Explain and differentiate business elements, functions and, roles from Islamic and conventional perspective (LO1-C2). 2. Analyze and develop report based on the current business environment in general and local context through industrial visit by group (LO3-CTPS3). 3. Develop business plan by group (LO8-KK2). Student should be able to develop a background of business foundation, and necessary skills to develop a good business plan through a process of lectures, tutorial, tutorial activity, group assignment and industrial visit. Teaching-learning strategy: The course will be taught through a combination of formal lectures, tutorial activity, group work, using authentic materials, informal activities and various sources. Practical experience and collaborative teamwork will be fosters throughout the course. The use of examination and assignment assessment will assess the students ability to apply theoretical concept in context. Assessment strategy: Formative Summative

11.

TRANSFERABLE SKILLS

12.

TEACHING-LEARNING AND ASSESSMENT STRATEGY

13.

SYNOPSIS

Business and entrepreneurship are the main components of Muamalat, and is recognized as fard kifayah. The ummah are encouraged to accumulate wealth through permissible business activities. Because of that, they should have knowledge and skills to enable them to be involved in business activities and achieve the success as Muslimpreneurs. This subject aims to enhance students understanding on the importance of business and factors lead to the business success. Thus, students will be exposed to business objectives, all types of the existing business structure and its environment, and; functions of management such as planning, organizing, implementing and controlling in all area of business management (production, operation, marketing, human resource and IT). This course will be conducted through lecture, tutorial, group assignment and presentation.

14.

MODE OF DELIVERY

Lectures and tutorial (SCL)

Component 15. ASSESSMENT METHODS AND TYPES Continuous Assessment Final examination Total

% 50 50 100

Assessment(Library Seacrh)

Test/Quiz/Exam

Assignment

Self-study 6 3 6 6 6 3 3 6 3 42

lecture

tutorial

TOPIC

Introduction to economics and business from Islamic perspective and, the business environment Riba , gharar , maysir and other prohibitions Structure of business Entrepreneurship and business plan ownership,

Management and its functions (planning, organizing, staffing, directing and controlling)
CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC

16.

Productivity workforce

and

quality,

&

Motivating

the
4 2 12

Managing the workforce

2 2 7

Pricing products & Product distribution and promotion Accounting, zakat and financial analysis, Expanding business

4 2

2 2

Continous Test/Quiz/Assessment
FINAL

4 3

8 9

TOTAL

28

24

17

121

Main reference: 1. Nuradli et al. 2008. Introduction to Muamalat: The Malaysian Pespective. Pearson

Additional references: 17 REFERENCES 2. 3. 4. 5. Ferrel, Hirt & Ferrel. 2009. Business : A Changing World. McGraw-Hill. Syed Ghazali Wafa et. al. 2005. Pengantar Perniagaan Islam. Prentice Hall. Nik Mohamed Affandi. 2002. Islam & Business. Pelanduk. Madura, Jeff. 2007. Introduction to Business. Thomson. Mason.

Total 12 7 12 12 7 12 3 15 12

Mapping of the course/module to the Programme Learning Outcomes TOPIC Contact hours (week) TOPIC 1: Introduction to economics and business from Islamic perspective and, the business environment: (Ch 1, Ch2, Ch 3,: Nuradli et. al.) Islamic Economic system and philosophical background as a basis for business discipline Capitalism and welfare system The relationship between Islamic economics and business disciplines Principles of Muamalat; consist of the positive attributes and the main prohibitions Principles of investments TOPIC 2: Riba, gharar, maysir and other prohibitions Definition of Riba, gharar, maysir Classification of riba Riba in banking industry 4 8

Lesson Learning Outcome (Students are able to)

CLO

KI

Teaching & Learning Activities

Assessment Tasks

i. Explain the Islamic economic system and its foundational background ii. Explain and differentiate the Islamic economic system, capitalism and welfare systems iii. Explain business elements, functions and, roles from Islamic and conventional perspective

LO1

C2

o Lecture o Discuss the tutorial

activities and the roles of students based on an outline o Tutorial activity: Hierarchy Needs, based on Imam alGhazali and Abraham Maslow

- na -

i.

Explain the prohibitions encouragement business activities

main and in

LO1

C2

o Lecture o Tutorial activity:

-na-

Hierarchy Needs, based on Imam alGhazali and Abraham Maslow -na-

TOPIC 3: Structure of business ownership, entrepreneurship and business plan (Ch. 6 Nuradli et al. , Ch. 5 Ferrel, Hirt & Ferrel) Partnership based-contracts in Islam; mudarabah and musharakah Existing ownership business structure; sole proprietorship, partnership, corporation, franchising and others (joint venture, mergers etc.) Concept of entrepreneurship, Entrepreneurship decision process Elements included in business plan, business background, marketing plan, operational plan, financial plan, proforma financial statements

i)

Explain the partnership based-contract from Islamic perspective ii) Explain the existing structure of business ownership iii) Explain business elements, functions and, roles from Islamic and conventional perspective.

LO1 LO8

C2 KK2

o Lecture o Form a group of 5:

List model of Muslimpreneurs and their attributes

o -Article searching via

internet -

TOPIC 4: Management and its functions (planning, organizing, staffing, directing and controlling) (Ch. 8 Nuradli et al. , Ch. 7 Ferrel, Hirt & Ferrel) Islamic principles in management Functions of management Management skills Organizational structure

i)

Explain Islamic principles in management ii) Explain function of management and organizational structure iii) Understand the current business environment in the general and local context through industrial visit.

LO1

C2

o Lecture o Industrial Visit

-na-

8 TOPIC 5: Productivity and quality & Motivating the workforce (Ch. 9, Ch. 10 Nuradli et al. , Ch. 10 Ferrel, Hirt & Ferrel Nuradli et al.) Resources in production process The process of choosing the site Design layout Purchasing material Improving efficiency Value of motivation Motivation theories Job satisfaction and motivation i) Explain elements related to productivity and quality ii) Apply the process of developing Business Plan: Market analysis iii) Explain business elements, functions and, roles from Islamic and conventional perspective. iv) Understand the current business environment in the general and local context through industrial visit. v) Develop a report on the industrial visit. LO1 C2 o Lecture o Developing the questionnaire for the purpose of market analysis: Demonstrate the example. o Discussion: What information did you get from Industrial Visit? Report from Industrial Visit

LO4

CS3

TOPIC 6: Managing the workforce (Ch. 11 Nuradli et al., Ch. 7 Ferrel, Hirt & Ferrel) Human resource planning Equal opportunity Compensation and reward Development skills Employee performance

i)

Explain elements related to human resource management ii) Understand the current business environment in the general and local context through industrial visit. iii) Develop a report on the industrial visit.

LO1

C3

o Lecture o Discussion: What information did you get from Industrial Visit?

Report from Industrial Visit -Peer review

LO4

CS 3

TOPIC 7: Pricing products, product distribution and promotion (Ch. 12 Nuradli, Ch. 13 Nuradli et al.,Ch. 13 Ferrel, Hirt & Ferrel) Identifying a target market Product differentiation Pricing products and services Channel of distribution Degree of market coverage Distribution of process products and services Promotion, advertising, personal selling etc. Target market

i)

ii) iii) iv)

v) vi)

Explain target market and the process of positioning products and services Construct business plan by group. Present business plan Explain the process and mechanisms of product distribution and promotion Develop business plan by group. Present business plan

LO1

C3

o Lecture o Presentation: Business Plan -Demonstrate the products or prototype

-Business Plan

LO4

CS 3

TOPIC 8: Accounting, zakat and financial analysis,financing (Ch. 15 Nuradli, Ch. 16 Nuradli et al. Ch. 16 Ferrel, Hirt & Ferrel) Functions of accounting Understanding financial statements Understanding Ratio analysis Types of zakat , conditions and calculation of zakat on business income Types of financing: debt financing, equity financing etc. Islamic based-financing

i)

ii) iii) iv)

v) vi)

Explain application and functions of accounting, financial statements and ratio analysis Construct business plan by group. Present business plan Understand and explain types of financing to set up and expand business Construct business plan by group. Present business plan

LO1

C3

o Lecture o Presentation: Business Plan -Demonstrate the products or prototype

-Business Plan

LO4

CS3

TOPIC 9: Expanding business (Ch. 17 Nuradli et al.) Investment decision Merger and other forms of restructuring businesses

i)

Understand the process of making decision to expand business ii) Understand the different approaches of expanding business through restructuring

LO1

C3

Discussion on questions

n.a