Main University menu

• university »
• home
• colleges & services
• courses
• research
• contacts
• a-z
• help

Further Information

• Want to start reading?
• Scholarships for Taught Masters Students
• Read about our innovative teaching

Regulations

• Regulations and programme structure[PDF-107KB]
• Assessment criteria[PDF- 75KB]

Useful Links

• How to apply
• Postgraduate Prospectus (Main University Pages)

The Masters degree in Islamic Accounting and Finance is suitable for those who wish to deepen their knowledge of accounting and finance practices within Islamic countries and to explore the insights which Islamic teachings and principles can offer to the understanding of accounting and finance.

This programme aims to introduce students to important theoretical and practical accounting and finance issues associated with Islamic banking and financial institutions. In addition, students will be exposed to issues relating to the wider context of accounting and finance internationally which will enable them to develop an understanding of the links between these subject areas. Students will also be introduced to contemporary research methodology and qualitative as well as quantitative techniques that can be employed to investigate and explore issues in Islamic accounting and finance.

Delivery of the material for the taught modules in semesters 1 and 2 will involve a mixture of lecture style-delivery, workshops, student presentations, student-led discussion sessions and computer laboratories. The dissertation will require students to demonstrate their skills with both qualitative and quantitative techniques; in particular, they will be asked to undertake an empirical analysis of Islamic accounting, reporting and/or financial issues and arrive at appropriate conclusions.

In the last three decades, Islamic finance has been developing and expanding at a remarkable pace. Islamic financial products are now globally available through both stand alone Islamic banks and financial institutions or through Islamic windows provided by conventional banks. Consequently, a number of financial products and accounting standards have been developed to support this global expansion of Islamic finance. The Islamic finance and banking phenomenon is also increasingly gaining ground globally after the credit crisis and is now perceived as a viable alternative to conventional finance and banking. Despite these developments in Islamic finance and banking the industry faces a shortage of expertise in Islamic financial products and accounting standards. The programme will provide students wishing to pursue a career in Islamic banking and finance with the basis for understanding theoretical and practical issues related to the industry. It will also equip them with an understanding of how Islamic accounting and finance relate to the wider context of accounting and finance and differ from it, allowing students to pursue careers in the finance and accounting arena generally.