MSc Islamic Banking, Finance, and International Business

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.

1. 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.
2. 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.
3. 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.
4. 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 Banking, Finance, and International Business program from the University of Dundee have excellent career prospects.

1. Islamic Banks and Financial Institutions: Graduates can pursue careers in Islamic banks and financial institutions, working in areas such as Islamic retail banking, corporate finance, trade finance, and investment management. They can apply their knowledge of Shariah-compliant banking practices and international business strategies to meet the needs of clients seeking Islamic finance solutions in the global market.

2. International Financial Institutions: Graduates can work for international financial institutions such as multilateral development banks, Islamic finance divisions of commercial banks, or Islamic finance-focused investment banks. They can contribute to the development and implementation of Islamic finance projects and initiatives across different countries and regions.

3. Consultancy and Advisory Services: Graduates can work for consultancy firms or advisory services specialized in Islamic finance and international business. They can provide strategic advice to businesses and organizations on incorporating Islamic finance principles into their global operations, navigating cross-border transactions, and complying with international regulations.

4. International Trade and Business Development: Graduates can pursue careers in international trade and business development, particularly in sectors where Islamic finance is prominent. They can work for multinational corporations, government agencies, or trade promotion organizations, facilitating trade and investment between Islamic finance-focused regions and the global market.

5. Research and Academia: Graduates can pursue research opportunities or academic careers in the field of Islamic banking, finance, and international business. They can contribute to the advancement of knowledge through research on Islamic finance, publish scholarly articles, and teach courses on Islamic finance and international business at universities and educational institutions.