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 February 2023 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.

MBA Master of Business Administration (Islamic Finance) - May

The University of Bolton's MBA in Islamic Finance is an ideal way to advance your career in this vast 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.

Master of Business Administration (Islamic Finance) - May

Key information



Mode of Study:



13 months


University of Bolton

Start date:

To be confirmed

Course Details

Islamic finance is one of the fastest-growing sectors in the financial world, estimated to be worth over US$3.95 trillion (1). This prestigious MBA 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 highly-regarded postgraduate 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 business management areas and 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.

This MBA Islamic Finance degree offered by the University of Bolton runs from May each year and takes 13 months to complete. For alternative MBA Islamic Finance course start dates and durations, please see our related courses.

(1) accessed on 9 February 2023

  • This MBA course offers you the chance to join a well-established postgraduate community engaged in preparing themselves for a career in executive management in the Islamic Finance sector.
  • Teaching and supervision are delivered by a dedicated team of experienced and well-qualified staff from the Centre for Islamic Finance and the Greater Manchester Business School at the University of Bolton.
  • The University's excellent libraries, 24/7 IT facilities, WiFi and learning areas are freely available for your use.
  • You'll be given access to a research and study skills module to assist in your studies.
  • Guest lecturers from the International Integrated Reporting Council (IIRC) will be held on the need for holistic approaches to strategy, risks, key stakeholder interests and financial performance.
Key Features
  • You'll have the opportunity to gain advanced knowledge and understanding of strategic management and Islamic Finance issues in a global business environment.
  • The course supports you in developing a comprehensive understanding of the methodologies and concepts of Islamic Law and the application of legal principles within Islamic business transactions.
  • Teaching is conducted by a highly-dedicated team with specialist knowledge in Islamic law and banking.
  • Course materials are available online, allowing you to prepare work at home and ensuring that in-class learning is highly interactive.
  • By choosing to study with us, you'll have the chance to enjoy Bolton's many shops, bars, restaurants and leisure facilities. Manchester, one of the UK's most multicultural and lively cities, is less than 20 minutes away by train. Not forgetting, the North West of England is renowned for its beautiful countryside, coastline and heritage. This makes Bolton an ideal base from which to explore some of the best cultural and outdoor activities the UK offers.
Professional recognition

Upon successfully completing 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

  • You should have both of the following: significant work experience in a business or management capacity, and a UK honours degree/postgraduate degree (or equivalent) in a relevant subject.
  • We’ll consider your application if you don’t possess the above qualifications but have substantial managerial experience.
  • We'll consider applications where appropriate work experience can be demonstrated in lieu of, or in addition to, the published academic qualifications in line with the University’s Recognition of Prior Experiential Learning (RPEL) procedures.
  • You'll be required to attend an interview as part of the application process.
  • When applying you must include a reference from your current employer. The reference should clearly state how long you have been employed by them and give a breakdown of your job content and roles and responsibilities.
  • Your application form must be accompanied by a reflective overview of the managerial responsibilities you have undertaken to date.
  • If English isn’t your first language, you’ll also need IELTS 6.0 with no less than 5.5 in any band (or equivalent). We also accept a range of other English language qualifications – please visit our English Language Requirements web page for more details.

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.

This prestigious postgraduate qualification supports you in developing 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, working independently and as part of a team. The University of Bolton's expert tutors will help you critically evaluate and develop good practice in business management and 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 understanding of Islamic finance can improve the competitiveness of MBA graduates on the international financial market stage.

What can I do with this qualification?

When you successfully complete this MBA 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 the public, private and voluntary sectors. A wide range of employers, including 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 worldwide, so if you're interested in a global business career, it could be beneficial, particularly as qualifications from UK business schools are so well regarded. This qualification can also help you specialise in your current sector or a new industry you want to move into. If you wish to continue your studies, you could opt for a research degree (MPhil, DBA or PhD).

Alternative career options

MBA graduates can also use the qualification as a stepping-stone into a range of other careers. Some of these roles may require relevant experience and/or postgraduate study. Some possibilities 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

Course fees

Home students starting this course in the first year will be required to pay a Home fee of £9,720 for the academic year 2024/25.

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 2023-2024 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 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.

Additional costs

There may be some additional or optional costs associated with this course. These will be published after approval of the programme.

For details of how to apply for this course, please choose your status from the options below:

You may apply directly to the University using the University's online application form. Please select your chosen start date from the list below:

You should have to hand:

  • Details of the educational establishments you attended and dates

  • Your certificates for the qualifications you are using to gain entry to the course – you will need to enter the completion date and upload copies

  • Details of any employment history including name, address, dates and role

  • Personal statement – this can be either input into the relevant field or uploaded separately

  • Details including e-mail addresses of two referees, at least one of which should be someone who can provide an academic reference

Please make sure any documents you wish to upload in support of your application are in pdf or jpeg format. Personal statements may be word documents.

Please ensure your data is correct at each stage of the application before you proceed to the next page. If you use the back button at any time during the application, you should check the validity of the data you have already input.

If you experience difficulties during the application process, contact the Admissions Team on 01204 903394 or

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

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

Tel: 01204 903903

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 online resources. The VLE will also allow you to engage in other learning activities and participate in discussions remotely.

The programme's assessment strategy is designed to ensure you achieve the programme's overall aims and 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 build your skills and understand your strengths and weaknesses. The assessments you'll be required to complete fall into two general categories: formative and summative. Formative assessments do not 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, the 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

Mohammed Abdel-Haq

Emir Camdzic
Programme Leader

Enquiry Team
University of Bolton

+44 (0)1204 903903


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

Part of the University of Bolton Group

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Anderton centre2
QQA Scheme Participant