MSc Computer Science with International Business
Intake:- January & September The MSc program in Computer...
MSc Islamic Finance
Dundee
INTAKE: Jan & Sept
Program Overview
The University of Dundee, located in the UK, offers an MSc program in Islamic Finance. This program is designed to provide students with a deep understanding of the principles and practices of Islamic finance and banking.
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Unique Focus on Islamic Finance: The MSc Islamic Finance program at the University of Dundee is distinctively designed to focus on the principles and concepts of Islamic finance. Students gain a comprehensive understanding of Shariah-compliant financial products, contracts, and modes of financing. The program covers topics such as Islamic economics, Islamic banking, Islamic capital markets, and risk management in Islamic finance.
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Industry-Relevant Curriculum: The program offers a curriculum that is aligned with the requirements of the Islamic finance industry. Students study core subjects such as Islamic financial systems, Islamic commercial law, Islamic accounting, and Islamic investment and wealth management. They also explore contemporary issues and challenges faced by the Islamic finance industry, providing them with practical knowledge and skills that are directly applicable to the field.
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Experienced Faculty: The University of Dundee boasts a team of experienced faculty members who have expertise in the field of Islamic finance. They bring their industry knowledge and research insights into the classroom, delivering high-quality education to students. The faculty members are actively engaged in research and contribute to the development of Islamic finance through their publications and collaborations with industry practitioners.
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Practical Applications: The program emphasizes the practical application of Islamic finance principles. Students have the opportunity to analyze real-world case studies, participate in simulations, and engage in group projects that simulate industry scenarios. This hands-on approach enables students to develop critical thinking, problem-solving, and decision-making skills necessary for a successful career in Islamic finance.
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Global Perspective: The MSc Islamic Finance program at the University of Dundee takes a global perspective, considering the diversity of Islamic finance practices across different regions. Students gain insights into the international dimensions of Islamic finance and understand its role in global financial markets. This global perspective prepares students to work in multicultural environments and adapt to the evolving dynamics of the Islamic finance industry.
Location
Dundee
Score
IELTS 6.5
Tuition Fee
£ 20900
Postgraduate Entry Requirements:
- Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 55 to 60% or equivalent.
- English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 80, with at least 17 in Listening, 18 in Reading, 20 in Speaking, and 19 in Writing.
- PTE Academic: A minimum overall score of 62 with no individual score below 59.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
The University of Dundee offers a range of scholarships and financial support opportunities to both domestic and international students. These scholarships are designed to recognize academic excellence, support talented students, and promote diversity and inclusion.
- Global Excellence Scholarship: This scholarship is available to international undergraduate and postgraduate students who demonstrate outstanding academic achievements. The scholarship provides a reduction in tuition fees.
- Vice-Chancellor's International Scholarship: This scholarship is open to international undergraduate and postgraduate students from selected countries. It provides a partial tuition fee reduction.
- Santander Scholarship: This scholarship is available to undergraduate and postgraduate students from eligible countries. It aims to support international students studying at the University of Dundee by providing financial assistance towards tuition fees.
- Alumni Scholarship: This scholarship is open to self-funded international students who have previously completed an undergraduate degree at the University of Dundee. It offers a reduction in tuition fees for postgraduate study.
Graduates of the MSc Islamic Finance program from the University of Dundee have excellent career prospects.
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Islamic Banks and Financial Institutions: Graduates can pursue careers in Islamic banks and financial institutions, working in areas such as retail banking, corporate banking, treasury operations, and investment management. They can apply their knowledge of Shariah-compliant financial products and principles to serve the needs of clients seeking Islamic finance solutions.
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Consultancy and Advisory Services: Graduates can work for consultancy firms or advisory services specialized in Islamic finance. They can provide advisory services to clients seeking guidance on structuring Islamic finance transactions, developing Shariah-compliant investment strategies, or ensuring compliance with Islamic finance regulations.
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Islamic Investment and Wealth Management: Graduates can work in the field of Islamic investment and wealth management, assisting individuals and institutions in managing their Islamic investment portfolios. They can evaluate investment opportunities based on Shariah principles, conduct financial analysis, and provide investment recommendations.
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Islamic Financial Regulators and Authorities: Graduates can pursue careers in regulatory bodies or authorities responsible for overseeing Islamic finance activities. They can contribute to the development of regulations and policies related to Islamic finance, ensuring compliance with Shariah principles and safeguarding the integrity of the industry.
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Corporate Finance and Treasury Functions: Graduates can work in corporate finance departments or treasury functions of corporations, helping organizations structure Islamic finance transactions, manage their cash flows, and optimize their capital structure. They can assist companies in accessing Islamic finance instruments for their funding and investment requirements.
