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MBA Master of Business Administration (Islamic Finance)

MBA Master of Business Administration (Islamic Finance)

Award

MBA

Start Date

To be confirmed

Duration

18 months

Mode

Full-time

Location

University of Bolton

An MBA in Islamic Finance is an ideal way to advance your career in this huge and growing part of the economy. Focusing on good practice in management and commerce, the course aims to prepare you for progression into senior positions in organisations that operate according to Islamic principles.

Apply Now Download Prospectus Programme Specification

Please note:
This course is 'Subject to Approval' and has not yet completed the University’s approvals process. Whilst we are confident that the course will be approved, there is the possibility that the course may not run or may be subject to alterations. This course is due to be validated by January 2022 after which we will write to all applicants who have applied for the course to let them know the outcome and of any changes. In the event that a course is not approved the University will make reasonable efforts to offer an alternative course at the University.

Course Overview

Islamic finance is one of the fastest-growing sectors in the financial world, estimated to be worth over US$3.95 trillion (1). This postgraduate qualification offers a suite of contemporary modules designed to prepare those with previous management or business experience for work in this dynamic sector.

Whatever area of industry or commerce you currently work in, this MBA course will assist you in gaining essential skills to work in Islamic finance. In addition, the programme aims to provide a critical understanding of the problems and challenges facing enterprises and organisations and equip you with the analytical and critical faculties to identify potential innovative solutions. These qualities are highly sought by prestigious international employers.

The course will cover how to evaluate and develop good practice in key areas of business management and in the commercial development of general and Islamic finance products and services. You’ll have the opportunity to acquire the skills needed to work effectively, independently and as part of a team.

(1) https://www.statista.com/statistics/1090815/worldwide-value-of-islamic-finance-assets/ accessed 8 February 2024

Highlights

Key Features

Entry Requirements

Where changes are made to material information contained in this course description or a decision is taken to suspend a course between the offer of admissions and enrolment, we will inform applicants at the earliest possible opportunity and will outline the various options available to the applicant.

Career Opportunities

This postgraduate qualification is designed to help you develop the knowledge required to work in the growing and sophisticated Islamic finance sector, including a more in-depth look at the industry, products, performance and risk management issues.

You’ll have the opportunity to gain skills in being effective, in working independently and as part of a team, while critically evaluating and developing good practice in key areas of business management and in the planning and management of general, commercial and Islamic finance products and services.

Islamic finance has developed into a solid industry that complements conventional banking. The Islamic market demands specific expertise that combines solid financial knowledge with that of Islamic finance. A deeper knowledge of Islamic finance can improve the competitiveness of MBA students on the international financial market stage.

What can I do with this qualification?

On completing the programme, you’ll be qualified to pursue a career in a wide range of management roles in the Islamic finance sector or regulatory agencies, and in the public, private and voluntary sectors. A wide range of employers – financial institutions, technology companies, blue-chip companies, and SMEs – recruit MBA Islamic Finance graduates. The universal appeal stems from the MBA's focus on collective business principles.

An MBA in Islamic Finance is also highly respected around the world, so if you're interested in a global business career then it could be beneficial, particularly as qualifications from UK business schools are so well regarded. It can also help you to specialise in your current sector, or a new industry that you want to move into. If you want to continue your study then you could opt for a research degree (MPhil, DBA or PhD).

Alternative career options

Graduates can also use the qualification as a stepping-stone to enter a range of other careers. For some of these roles, relevant experience or postgraduate study may be required. Some of these careers include:

  • Supply chain
  • Product management
  • Banking
  • Accountancy
  • Law
  • Auditing and quality assurance
  • Financial management
  • Consultancy
  • Teaching and education
  • Hotel and leisure management
  • Public relations
  • Information systems
  • Market research analysis
  • Advertising
  • Risk and insurance
  • Purchasing
  • Logistics
  • Marketing
  • Human resources
  • Global investment
Professional Recognition

On successful completion of the MBA Islamic Finance programme you may apply for membership to the Chartered Management Institute (CMI). Please note that terms and conditions apply. More details are available at www.managers.org.uk

Fees & Funding

Home students starting this course in 2023/24 will be required to pay a total fee of £9,000. As this is an 18-month course, the fee charged for year one in the academic year 2023/24 will be £6,000, and the fee for the final semester taken in the academic year 2024/25 will be £3,000.

Overseas students starting this course in 2023/24 will be required to pay a total fee of £14,450.

Home/EU Fees

Home students starting this course in the first year will be required to pay a Home fee of £6,480 for the academic year 2024/25.

International Fees

Overseas students starting this course in the first year will be required to pay a Overseas fee of £15,950 for the academic year 2024/25.

Important note regarding tuition fees for the 2024-25 academic year: EU nationals who meet residency requirements (have settled or pre-settled status) may be eligible for 'Home' fee status. If you do not meet these residency requirements, overseas fees will apply. Irish citizens living in the UK or Ireland will be eligible for 'Home' fee status under the Common Travel Area arrangement. Please read the student finance for EU students web page on www.gov.uk for information.

The fees for a student's course of study will be set for the normal duration of that course subject only to inflationary increases – measured by the Consumer Price Index (CPI) recorded in March each year to take effect for subsequent start dates.

How to apply

Home Applicants

Call Admissions

Please contact Admissions by telephone on 01204 903903 or email enquiries@bolton.ac.uk

Admissions
University of Bolton
Deane Road
Bolton, BL3 5AB
United Kingdom

Tel: 01204 903903
Email: enquiries@bolton.ac.uk

International Applicants

The University welcomes applications from international students from all over the world. We try to make the application process as simple and as fast as possible for our international applicants.

This course is not currently accepting international online applications.

Please contact Admissions by telephone on 01204 903903 or email enquiries@bolton.ac.uk

Admissions
University of Bolton
Deane Road
Bolton, BL3 5AB
United Kingdom

Tel: 01204 903903
Email: enquiries@bolton.ac.uk

Teaching & Assessment

As well as lectures, seminars and tutorials, your learning will benefit from guest speakers, case studies and visits. In addition to short periods spent with a tutor, you’ll spend a lot of time in guided independent study. This involves, for example, engaging in general background reading, preparing for seminar activities and working on assignments.

The University of Bolton's virtual learning environment (VLE) supports your learning, with course materials and links to key resources available online. The VLE will also allow you to engage in other learning activities and take part in discussions remotely.

The assessment strategy for the programme is designed to make sure you achieve the overall aims of the programme, as well as the learning outcomes for individual modules. As well as being a way to assess your achievement, assessment helps you to organise and develop your learning. Assessment feedback can help you develop your skills and an understanding of your own strengths and weaknesses. The assessments you’ll be required to complete fall into two general categories: formative and summative. Formative assessments don’t contribute to your overall module grade, but they are a part of the learning strategy for a module and you are required to complete them. Summative assessments do contribute to your overall module grade. You’ll also receive feedback on these assessments, so you’ll know what you have done well and where you can improve. Many different forms of assessment are used. The major ones are coursework (usually essays), reports/case studies, oral presentations, examinations, research proposal, and the dissertation.

The university will use all reasonable endeavours to deliver your course as described in its published material and the programme specification for the academic year in which you begin your course. The university considers changes to courses very carefully and the university will minimise any changes. Please be aware that our courses are subject to review on an ongoing basis and changes may be necessary due to legitimate staffing, financial, regulatory and academic reasons. The content of course modules and mode of associated assessments may be updated on an annual basis. This is to ensure that all modules are up-to-date and responsive to employment and sector needs. The published course material and the programme specification contain indicative ‘optional modules’ that may be subject to change due to circumstances outside of our control. For this reason, we cannot guarantee to run any specific optional module.

Programme Contacts

Help Centre

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Help Centre

We have the answers to your questions, find all the advice and support in one place.

Part of the University of Bolton Group

Bolton college
Alliance learning
Anderton centre2
QQA Scheme Participant