MSc in
Master of Science in Islamic Finance
INCEIF University
Key Information
Campus location
Kuala Lumpur, Malaysia
Languages
English
Study format
On-Campus
Duration
1 - 6 year
Pace
Full time, Part time
Tuition fees
MYR 32,890 **
Application deadline
Request info *
Earliest start date
Jan 2024
* For Malaysian students. 31st December 2023
** Malaysian students; RM 40,527.40 - international students
Introduction
Why MSc in Islamic Finance?
When harnessed by the brightest minds, knowledge fuels innovation and progress.
With the MSc program, you can use the knowledge gained to advance your career while also placing yourself among top innovators, fostering progressive developments in the industry, and around the world. Designed by renowned academicians and industry leaders from both conventional and Islamic finance, this program allows you to balance your personal and professional commitments while taking your career to new levels.
The MSc imparts thorough knowledge in the key areas of Islamic finance, Islamic economics, and Shariah from both theoretical and applied aspects. Successful completion of the program ensures that you would have acquired a comprehensive understanding of the economic, financial, and legal environment in which providers of Islamic financial services operate. In addition, the program sought to mold leaders equipped with expertise in both conventional and Islamic finance.
The INCEIF Edge
The Malaysian Advantage
Experience Islamic Finance in action in the cradle of modern Islamic Finance where strong regulatory support has resulted in a robust industry.
Network With Industry Experts
In addition to attending regular classes and tutorials, students will get the opportunity to interact with seasoned leaders during talks where invited industry speakers share the practical aspects of Islamic Finance.
Curriculum
MSc in Islamic Finance requires the completion of 9 core courses, 3 elective courses, and a Project Paper.
Total credit hours: 42
Core Courses (27 credit hours)
- Corporate Finance
- Economics for Islamic Finance
- Islamic Banking
- Islamic Capital Market
- Islamic Jurisprudence and Law
- Islamic Law of Contracts
- Research Methodology in Economics and Finance
- Strategic Planning and Decision Making
- Action Based Learning (ABL)
Electives (9 credit hours)
Choose any 3
- Portfolio Management
- Mathematical Methods for Economics and Finance
- Monetary Economics
- Financial Econometrics
- Risk Management in Islamic Financial Institutions
- International Finance
- Accounting for Islamic Financial Transactions
- Takaful Operations
- Advanced Econometrics
- Financial Modeling
- Islamic Wealth Planning Management
Project Paper (6 credit hours)
10,000 - 15,000 words OR
Specialization 1 - Capital Market
Choose any 3
- Portfolio Management
- International Finance
- Financial Econometrics
- Risk Management in Islamic Financial Institutions
Specialization 2 - Banking
Choose any 3
- Risk Management in Islamic Financial Institutions
- Accounting for Islamic Financial Transaction
- International Finance
- Monetary Economics
Action-Based Learning (ABL)
ABL provides an innovative approach to learning by setting practical tasks and activities for students to complete in a real workplace. This will provide students with the opportunity to translate their academic-based knowledge into action by solving real business issues or developing new solutions for the industry.
List of Organisations Involved in ABL Projects
- IAP Integrated Sdn Bhd
- OCBC Al Amin Berhad
- Malaysian Takaful Association
- Bank Muamalat Indonesia
- EcoKnights
- Ethis Ventures Sdn Bhd
- AmMetLife Takaful Berhad
- QSR Brands (M) Holdings Berhad
- Etiqa Takaful
- Lembaga Zakat Negeri Kedah
- Prudential BSN Takaful Berhad
- United Overseas Bank (Malaysia) Berhad