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Dundee University

United Kingdom (UK)

Islamic Finance | MSc

About Program

Master of Science - Islamic Finance

University of Dundee is offering this master's degree in collaboration with colleagues at Al-Maktoum College, here in Dundee. At the University of Dundee, they have a strong history and expertise in teaching traditional finance and economics. This degree also draws upon the expertise in Islamic finance and wider Islamic studies on offer at Al-Maktoum. Few degrees of this kind exist in the UK.

Students will develop their understanding of the application of Islamic commercial law in relation to Islamic financial institutions and financial products, as well as the emergence and working mechanisms of Islamic capital markets.

They will cover the operations of Islamic banks and Islamic financial markets, alongside the nature of risk and its management in Islamic financial institutions

Students will challenge the contemporary issues and debates in Islamic finance and gain an understanding of the internationalization strategies and strategic decisions in business. They'll also have the opportunity to take part in a global internship as part of this course.

Course structure

We offer you the opportunity to study our MSc Islamic Finance, or MSc Islamic Finance combined with another business topic. Our degrees are flexible, and this gives you the chance to focus on a specific area that interests you. It also shows future employers where your specific interests and skills are. There are three Islamic Finance degree options for you to choose from, we refer to these as specialist pathways. The option you choose to study is what will be printed on your graduating certificate.

All the MSc Islamic Finance degrees are made up of core modules (ones you must study) and a range of optional modules. In total, you will study nine modules across an MSc degree.

  • Islamic Finance MSc
  • Islamic Banking and Finance MSc
  • Islamic Banking, Finance and International Business MSc

Teaching

University of Dundee teaching methods include:

  • lectures
  • workshops
  • group-work
  • student presentations

Typically, lectures are larger classes as they may contain students from across a range of degrees. Topics covered during lectures can then be discussed and debated further in tutorial/seminars, which are typically much smaller classes, up to 25/30 students, allowing more interaction and opportunity to learn further.

Many of Dudee's teaching sessions focus on employability, including guest lectures from industry professionals and industry-run workshops. In previous years they have partnered with EY, BlackRock and IBM, to deliver guest lectures and workshops to give their students first-hand experience of what is required in industry. The university also gain the support from a large number of local and national SME’s who offer consultancy projects for our students to work on. These are designed to add to your teaching and offer you more opportunities to plan for your future career by learning directly from business professionals.

University of Dundee also encourage group work, group projects, student poster presentations and other methods which help to build student confidence and prepare for the business world.

Assessment

Assessments will vary depending on your choice of modules.

You will be assessed through a combination of methods, which may include

  • coursework
  • exams
  • group projects
  • presentations.

Some of these are submitted during the semester and others may take place at the end of a semester.

Coursework usually accounts for between 40-50% of the overall degree. This will depend on your final choice of modules.

Careers

for Islamic Finance MSc

This course will give you the skills and understanding to work in a variety of conventional and Islamic businesses such as banks, insurance companies, financial service companies, and trading brokers.

You may also want to apply for roles in the finance arms of industries and commercial firms outside of the finance sector.

Islamic finance and banking is a growing area of business across the globe, and not solely linked to Muslim countries. Many Western banks and financial services are opening up to offering Islamic banking and finance products to customers.

Entry requirements

Graduate Entry
Equivalent of a UK 2:2 degree in any subject which has enabled the applicant to develop analytical and quantitative skills. If you are concerned that your qualifications do not meet our normal expectation you may apply, but you should include a short personal statement concerning your general interest in your own education, work experience and prior relevant learning. Places are limited and early application is advised even for well-qualified candidates.
The 4 main concepts of Islamic Finance - Limra Assets

*Upto £5000 Schorlarship Available for "2023 January intake".*

University
Dundee University
Location
United Kingdom (UK)
PROGRAM PERIOD
1 year (full-time)
INTAKE PERIOD
Valid Intake Not Found
REQUIRED DOCUMENTS FOR THE ASSESSMENT
  • Original Passport Front Page
  • O/l Certificate Original
  • A/l Certificate Original
  • Original Degree Certificate
  • Original Degree Transcript
  • Student Clear Signature
  • Bio Data ( Cv )
VISA PROCESSING DOCUMENTS
  • Original Passport Front Page
  • O/l Certificate Original
  • O/l Certificate Certified By Ministry Of Foreign Affairs
  • A/l Certificate Original
  • A/l Certificate Certified By Ministry Of Foreign Affairs
  • Original Degree Certificate
  • Original Degree Transcript
  • Other Qualification
  • Works Experiences
  • Medical Report
  • Bank Balance Confirmation Letter
  • Student Clear Signature
  • Bio Data ( Cv )
  • Cas Letter (uk)
  • Letter Of Unconditional Offer (luo)
  • Sop (statement Of Purpose)
  • Short Essay
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