BIBF Signs Progression Agreement with the University of Bolton

Posted on Monday 7th December 2015
Senate House with Sky

Bahrain Institute of Banking and Finance (BIBF) and the University of Bolton have signed a progression agreement to allow the graduates of BIBF’s Advanced Diploma in Islamic Finance (ADIF) to continue their academic studies with the University of Bolton’s MBA in Islamic Finance.

The signing of the agreement took place at the BIBF premises in the presence of Baroness Morris of Bolton OBE DL, Chairman of the Centre for Islamic Finance at the University of Bolton, the Vice Chancellor of the University of Bolton Professor George E Holmes DL and other senior representatives of the University. BIBF Director Solveig Nicklos signed the agreement on behalf of the Institute.

BIBF’s ADIF programme is one of the oldest, most established Islamic banking and finance specialised qualifications in the MENA region, and was created in 2003. It has over 500+ graduates from 20 different countries across the world who are now primarily employed within the Islamic banking and finance industry.

The progression agreement with the University of Bolton will now provide ADIF graduates with exemptions from three out of the nine MBA in Islamic Finance modules and of the remaining six modules, four will be taught in the UK in a block delivery arrangement (i.e. one week per module) and two modules will be the dissertation. The fast-track programme will also result in a reduction of fees for ADIF graduates.

This is a unique, cost-effective opportunity designed to meet professional career objectives with maximum flexibility, requiring only 4 weeks of classroom attendance in a block mode delivery over 18 months (part-time).

Professor Holmes, Vice-Chancellor of the University of Bolton welcomed the cooperation with BIBF that will broaden the options for students and encourage them to further improve their knowledge in Islamic Finance at the Centre for Islamic Finance at the University of Bolton - considered a leader in this field.

“The agreement with the University of Bolton further strengthens the quality and global reputation of our Islamic finance qualifications and provides our students with the opportunity to further their studies in the UK and complement their professional qualifications with a valuable, internationally recognised postgraduate degree. In addition it also supports the work of the Higher Education Council in developing a high quality workforce that supports the economic needs of Bahrain,” said BIBF Director Solveig Nicklos on behalf of the Institute.