The MSc Islamic Finance degree is a distinctive course that seeks to develop in-depth knowledge and understanding of both Islamic and mainstream finance.
The programme is designed to equip professionals with skills necessary to succeed in modern business and finance institutions in light of financial and Islamic rules and regulations. Overall, the course strives to provide students with an international outlook in the dynamic global financial market.
The first stage of the course aims to equip students with theoretical and applied knowledge in Islamic finance and Corporate finance. The Islamic Capital Markets module will train students to successfully manage money, capital market instruments and investments in the context of Islamic rules and regulations. Additionally, quantitative methods will be studied to help students understand and apply the quantitative techniques commonly used by financial analysts, economists and individual investors.
The second stage of the course will cover Islamic banking in which students will look at the theoretical and operational differences between Islamic and conventional banks. Islamic insurance, known as Takaful is also studied to provide comprehensive knowledge and training in Islamic risk management. Additionally, a module on Governance, Accountability and Ethics ensures students are able to understand and analyse key issues in corporate governance applicable to various organisations. Students will also have an option to choose between either Behavioural Finance or Financial Statement Analysis depending on their personal choice and preferred career path. Furthermore, a module on Global Professional Development will be taught which will help students to further enhance their employability skills.
In the final stage of the course, students have the opportunity to either conduct a traditional research dissertation or undertake an internship project.