The Master of Applied Finance in Financial Services is an advanced program for students interested in acquiring advanced knowledge of financial services, banking, and regulatory systems. You will develop an in-depth knowledge of the tools relevant for lending decisions and liquidity management, alongside the ability to make astute financial choices for the benefit of stakeholders.

The program will equip you with the tools you need to understand the complex relationships between central banks and other institutions, regulators, markets and societies across a range of banking and finance services. You’ll also graduate with a thorough understanding of corporate governance and business ethics.


18 - 24 months

Spring - February
Summer - June
Autumn - September

Tuition Fees
AED 8,967
USD 2,443
(VAT 5% inclusive)

Our strong links with a broad range of financial industry partners in the UAE and across our global network will allow you to investigate financial markets and institutions in depth as part of your program of study, giving you real-world experience and the opportunity to develop and apply the skills you have learned throughout your degree.

Accreditation and Recognition

Because we’re licensed by the UAE Ministry of Education - Higher Education Affairs, through the Commission of Academic Accreditation, our students and graduates can be assured that our degrees are recognized throughout the UAE and internationally.

All MAF programs are also quality assured by UOW Australia, which is registered with the Australian Tertiary Education and Quality Standards Agency (TEQSA), the national regulator of higher education in Australia. Upon graduation, students can choose either a degree certificate from UOWD or a degree certificate from the University of Wollongong Australia.

Program Duration

The maximum requirement to graduate from a single specialization MAF program is twelve (12) subjects.

The program will normally take you five or six semesters to complete (based on three semesters per year with summer as an optional semester and two subjects per semester). At this rate, the degree can be completed in two years or less. Classes are held at 6:00 pm - 9:30 pm, Sunday to Thursday. Each subject requires one evening of attendance for 13 weeks.

Program Structure

If you have joined UOWD in spring 2016 or later, your program of study is as follows:

Common Finance Foundation

  • FIN924 Financial Statement Analysis for Business
  • FIN958 Financial Institutions
  • ECON939 Quantitative Economic Analysis
  • TBS907 Financial Strategy

Specialization Subjects

  • FIN925 Banking Theory and Practice
  • FIN953 Banking and Financial Institutions Law
  • FIN956 Banking, Lending, and Securities
  • FIN959 Enterprise Risk Management
  • TBS909 Corporate Governance


  • FIN927 Entrepreneurial Finance
  • FIN928 Multinational Financial Management
  • FIN955 International Banking
  • TBS905 Economic Analysis for Business
  • MARK922 Marketing Management
  • FIN930 Islamic Banking and Finance

Capstone Project

  • FIN960 Research in Financial Markets and Institutions

*Students are required to choose two electives from the approved list.

Program taught in:

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Last updated March 18, 2019
This course is Campus based
Start Date
June 22, 2019
Sep 16, 2019
18 - 24 months
8,967 AED
Average Cost Per Subject: AED 8,967/USD 2,443 (VAT 5% inclusive). Additional fees may apply
By locations
By date
Start Date
June 22, 2019
End Date
Application deadline
Start Date
Sep 16, 2019
End Date
Application deadline

June 22, 2019

Application deadline
End Date

Sep 16, 2019

Application deadline
End Date

UOWD's Master of Applied Finance