MSc Accounting and Banking
The MSc Accounting and Banking program at Bangor University is designed to equip studen...
MBA Islamic Banking and Finance
Bangor
INTAKE: Jan & Sept
Program Overview
Bangor University, located in the UK, offers an MBA (Master of Business Administration) program in Islamic Banking and Finance. This specialized postgraduate degree is designed to provide students with a comprehensive understanding of the principles, practices, and regulations governing Islamic finance. The program equips students with the necessary skills to pursue successful careers in the global Islamic banking and finance industry.
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Focus on Islamic Banking and Finance: The MBA program specifically focuses on Islamic banking and finance, providing students with a deep understanding of the principles and concepts underlying this specialized field. Students explore various topics such as Islamic law and finance, Islamic financial instruments, Islamic banking operations, risk management in Islamic finance, and Shariah compliance. They gain insights into the unique ethical, legal, and financial aspects of Islamic finance.
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Comprehensive Curriculum: The program offers a comprehensive curriculum that covers both core MBA subjects and specialized Islamic banking and finance courses. Core MBA modules may include strategic management, organizational behavior, marketing management, financial management, and managerial economics. Specialized modules focus on areas such as Islamic banking operations, Islamic capital markets, Islamic risk management, and Islamic financial product development.
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Practical Learning Approach: The MBA program adopts a practical learning approach to enhance students' understanding and application of Islamic banking and finance principles. Students engage in case studies, group projects, and simulations that simulate real-world business scenarios. They develop analytical, problem-solving, and decision-making skills relevant to the Islamic banking and finance industry.
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Industry Connections and Guest Speakers: Bangor University has strong connections with the Islamic banking and finance industry. The program benefits from guest lectures and industry speakers who share their practical experiences and insights. Students have the opportunity to interact with industry professionals, enhancing their understanding of current trends, challenges, and opportunities in the field.
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Professional Development: The program focuses on developing students' professional skills and competencies necessary for a successful career in Islamic banking and finance. Students gain skills in financial analysis, risk management, strategic planning, and leadership. They also develop strong communication, teamwork, and cross-cultural management skills.
Location
Bangor
Score
IELTS 6.5
Tuition Fee
£ 18300
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% 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.
- PTE Academic: A minimum overall score of 55 with no individual score below 51.
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.
Bangor University offers a range of scholarships and financial support options to both domestic and international students. These scholarships aim to recognize and reward academic excellence, as well as support students from diverse backgrounds.
- Vice-Chancellor Scholarships: These scholarships are awarded to exceptional students who have demonstrated outstanding academic achievements. They are available for undergraduate and postgraduate students across various disciplines.
- Country-specific Scholarships: Bangor University offers scholarships specifically for students from certain countries or regions. These scholarships may have different eligibility criteria and application processes. Examples include the India Scholarships, Nigeria Scholarships, and Vietnam Scholarships.
- Bangor International Scholarships: These scholarships are available for international students pursuing undergraduate or postgraduate studies. They are based on academic merit and can significantly contribute towards tuition fees.
- Sport Scholarships: Bangor University offers scholarships for talented athletes who excel in sports. These scholarships provide financial support, training opportunities, and access to sports facilities.
- Alumni Scholarships: Bangor University offers scholarships exclusively for its alumni who wish to pursue further studies at the university. These scholarships aim to encourage ongoing education and support the university's graduates.
Graduates of the MBA Islamic Banking and Finance program from Bangor University have promising career prospects in the global Islamic finance industry.
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Islamic Banking Manager: Graduates can pursue managerial roles in Islamic banks, overseeing day-to-day operations, developing Islamic banking products, and ensuring compliance with Shariah principles. They may be responsible for customer relationship management, risk assessment, and strategic planning.
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Investment Manager: Graduates can work as investment managers, responsible for managing Islamic investment portfolios, conducting market research, and making investment decisions based on Shariah principles. They may work for Islamic asset management firms, investment banks, or financial institutions.
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Risk Manager: Graduates can pursue careers as risk managers in Islamic financial institutions, ensuring compliance with regulatory requirements and managing risks associated with Islamic financial products. They may be involved in credit risk assessment, market risk analysis, and operational risk management.
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Islamic Finance Consultant: Graduates can work as consultants, providing advisory services to organizations seeking to adopt Islamic finance principles. They may assist in structuring Islamic financial products, advising on Shariah compliance, and developing Islamic banking strategies.
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Financial Analyst: Graduates can work as financial analysts, analyzing financial data, conducting market research, and preparing reports for Islamic financial institutions. They may evaluate investment opportunities, assess financial performance, and provide recommendations based on Islamic finance principles.
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Academia and Research: Graduates may choose to pursue academic careers or engage in research in the field of Islamic banking and finance. They can work as lecturers, researchers, or consultants in academic institutions, think tanks, or research organizations.
