Islamic Banking and Finance
School - Salford Business School
Subject area - International Finance, Accounting and Economics
Start Date(s): September; January; March; June; November; July
MSc (one year full-time or two years part-time)
PgDip (eight months full-time or two years part-time)
PgCert (four months full-time, one year part-time)
Part-time - £1,425 per 30 credit module
UK - £8,550
International - £14,400
- Gain the essential skills required to work in Islamic banking, one of the fastest-growing sectors in the financial world
- Strengthen your knowledge with modules focused on Islamic banking and ethical banking practices
- Put management theory into real practice with an exciting Business Innovation Project
- Part-time study option
- Overseas study available
- Work/industrial placement opportunity
- International students can apply
Programme updated for September 2018 entryThis programme has recently been through our regular programme review; this ensures it addresses the current and future needs of students and employers. Applications are now open for our September course.
You will gain the necessary skills and knowledge required to work in this growing and sophisticated banking and finance sector. Against a background of ethical finance and sustainability, you will look at understanding, applying and critically assessing modern corporate governance, modern capital structure theory, its relevance to the structure of contemporary business environments and how this impacts the returns achieved by investing in modern firms.
In light of the recent financial crisis, you will look at the critical role played by complex financial instruments in the management of risk and the need for financial engineering skills. You will also develop your skills in financial analysis to forecast future investment opportunities and devise strategies to minimise the risks associated with equity valuation and issuance of equity in different sectors of the economy. This programme will prepare you to sit the CFA exams.
On completion of your programme you will be able to effectively perform relevant ethical banking and finance tasks, including specific requirements of Islamic banking, financial products and services.
You will also learn to be effective, working independently and as part of a team, while critically evaluating and developing good practice in the planning and management of general, commercial and Islamic banking and financial products and services.
I attended the Global Ethical Finance Forum (GEFF) 2017 along with our Module Leader. The forum is a response to the growing interest in collaboration and convergence across the sphere of ethical finance.
Just a few years after the Financial Crisis, ethical finance is on track to developing its global value proposition. There is a unique opportunity for ethical finance players in developed markets to connect with the Islamic/faith-based financial sector which enjoys a strong foothold in Muslim-majority emerging markets.Ma’asoom Mahmood, MSc Islamic Banking and Finance, 2017-18
The course is delivered in four blocks of intensive study periods. For each block, you study a single module for a 6 week period. Face to face teaching is delivered on campus for two half days each week. In addition, you will attend the taught element of the Business Innovation Programme each Wednesday afternoon during the 6 week blocks. During this period, you will also undertake independent study in your own time with online support through the University’s virtual learning environment, Blackboard.
Part time students study alternate modules (one module on, one module off) to complete their degree in two years.
For the final third of your studies, you will work on your Business Innovation Project, working with your own or another organisation on a live brief.
- Placements can be undertaken in the UK or overseas.
- You can undertake placements with your sponsor or employing organisation.
- For international students placements are 6 months maximum due to visa restrictions.
- For home/EU students, placements can possibly be extended to 12 months.
- You will be paid a salary for the duration of your placement.