Islamic Finance MSc

School of Business

Learn the key concepts of Islamic finance, banking and political economy, alongside the study of conventional finance

Start date

January 2022

Duration

12 months

Study mode

Full Time

Location

Dundee City Campus

We are offering this master's degree in collaboration with Al-Maktoum College, in Dundee. At the University of Dundee, we have a strong history and expertise in teaching traditional finance and economics. This degree takes our expertise and combines it with the expertise in Islamic banking/finance and wider Islamic studies on offer at Al-Maktoum. Few degrees of this kind exist in the UK.

You will develop your understanding of the application of Islamic commercial law in relation to Islamic financial institutions and financial products, as well as the emergence and working mechanisms of Islamic capital markets.

You will cover the operations of Islamic banks and Islamic financial markets, alongside the nature of risk and its management in Islamic financial institutions

You will challenge the contemporary issues and debates in Islamic finance and gain an understanding of the internationalisation strategies and strategic decisions in business.

Open to business and non-business graduates

This degree is suitable for graduates who have completed a bachelor’s degree in a business subject, and those who have a bachelor degree in a subject different to business.

Scholarships

If you are successful in securing one of the University’s £5,000 scholarships (Regional Scholarship, Global Excellence, or Global Citizenship) you will automatically receive the Al Maktoum living scholarship, a further £5,000 paid to you in 10 x £500 monthly instalments. Find out if you are eligible

Global internships

As part of this degree, you will have the opportunity to do an eight-week internship matched to your chosen industry in China, Mexico, Vietnam, or Manchester (UK). This is a once in a lifetime opportunity and a great addition to your CV, supporting your future career aspirations and demonstrating commitment to future employers.
Pagoda Projects internships for postgraduate business students
The University is top in Scotland and 14th in the UK

The Graduate Outcomes Survey 2020

a man in a suit looking at the camera
“I decided to study for Islamic Finance at the University of Dundee, in order to contribute to the implementation of these real capital-based financial services in my country.”

Khusniddinkhon Djamalov, Islamic Finance student

In partnership with

Logo of Al-Maktoum College

Our Islamic Finance courses are taught in partnership with Al-Maktoum College, Dundee

Course structure

We offer you the opportunity to study our MSc Islamic Finance, or MSc Islamic Finance combined with another business topic. Our degrees are flexible, and this gives you the chance to focus on a specific area that interests you. It also shows future employers where your specific interests and skills are. There are three Islamic Finance degree options for you to choose from, we refer to these as specialist pathways. The option you choose to study is what will be printed on your graduating certificate.

All the MSc Islamic Finance degrees are made up of core modules (ones you must study) and a range of optional modules. In total, you will study nine modules across an MSc degree.

Settle into your course

We will help you settle in at the start of your degree:

  • Week 1 – you’ll meet your Programme Leader and your Adviser of Studies will help you choose your modules and give you advice on the available pathways.
  • Week 2 – our Moving Up to Business module provides you with the business basics that you need to be ready for the start of teaching
  • Week 3 – our main teaching block begins
Specialist Management English for Business modules

English is the worldwide language of business. If English isn’t your first language, we will offer you two free English language modules that will focus on words and terminology that are used in business. These modules are an important signal to employers of your commitment to English language skills. They will also help you to feel confident in communicating when you start your business career.

Careers and employability support

We will help you to get ready for your career by helping you to explore your career options, developing your employability skills and connecting you with employers and jobs.
Find out more

Rankings

Shortlisted for Business School of the Year

THE Awards 2021

logo of THE awards - shortlisted for business school of the year
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