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Online MSc Islamic Banking & Finance

Key information

Duration of programme: Part-time: 24-36 months (Online)

Start date:
January 2013 and September 2013

Fees: £9,000 (2013)

Apply now:
Apply for this course online

There may be a delay in processing applications for this programme.

Scholarships:
If you are among ‘the brightest and the best’, we have scholarships for our online programme which can open the way for you to study with us. Find out more >>

Contact details:
Ms Debbie Pallett
Aston Business School postgraduate admissions office
Tel: +44 (0) 121 204 3074
Email: t-pallettd@aston.ac.uk


The Online MSc Islamic Banking and Finance programme allows students to study with one of Europe's top Business Schools in a flexible way, while giving them the edge in their financial career. Students study for and are awarded the same qualification as the on-campus equivalent. By accessing the virtual learning environment, students are able to study online at a time that is convenient to them, anywhere in the world.

The programme has been developed to meet the growing interest in Shariah-compliant finance across the world. The Islamic banking and financial services sector is currently the fastest-expanding sector of the global financial market. There is increasing demand for qualified personnel with knowledge of Islamic banking and finance.

Students and graduates from the MSc in Islamic Banking & Finance at Aston talk about how the programme has helped them further their career.
Islamic finance is also a fast developing industry in the UK, and Aston Business School is leading the way with this postgraduate degree programme.

Modules

Core Modules: 

Elective Modules (select one):

Optional Module:

  • Arabic Language

 

Jump to:

Entry requirements


One of the following:

  • A UK honours degree (minimum lower second class)
  • Equivalent overseas degree recognised by Aston University
  • A degree equivalent professional qualification
  • (Interested applicants with lower qualifications should consider applying for a Postgraduate Certificate in Islamic Banking and Finance)

As well as:

  • Two professional references – at least one must be from an academic referee
  • An official academic transcript of your university grades to date
  • A completed application form.
  • GCSE or equivalent standard in maths.

For International Students:

  • An overseas degree recognised by Aston University
  • An official academic transcript, with an official English translation, of your university grades
  • Students whose native language is not English will also need to satisfy our English language requirements Pre-sessional English language programmes are available for good applicants whose English qualification falls just short of these requirements.
Consideration will be given to equivalent professional qualifications and in exceptional circumstances those qualified by extensive relevant experience. Candidate interview would be required for those with non-standard qualifications and experience.

Learning, teaching & assessment


Most online students study two modules per term for four terms. This is then followed by a dissertation, completed over six months. We receive coursework electronically and, where possible, arrange examinations in your country of study. To provide additional industry insights, some online learning modules are delivered by professionals from relevant business sectors.

Career opportunities


Aston Business School is ranked highly in the world by the Financial Times for career progression. The EIBF Centre has also developed a good reputation and has been internationally recognised for the quality of its education. Our graduating students have been offered industry jobs at New York Stock Exchange Euronext, Islamic Bank of Britain, teaching positions at Aston Business School as well as overseas academic institutions.

The MSc programme prepares postgraduates to enter a wide range of professional and management careers in accountancy, business services for Islamic banking, Shariah compliant investment and insurance.

Islamic banking and financial services is currently the fastest- expanding sector of the global financial market, with an estimated increase of 24% in the sales of Islamic bonds in 2010 (CIMB Group Holdings)

Course director


Dr Kathryn Ainsworth

Teaching staff


Mr M Iqbal Asaria CBE
BA, MA
Iqbal is a trained economist and accountant, with experience in conventional finance and asset management, and over thirty years of involvement in Islamic banking, finance and insurance. He is a member of the Bank of England Governor’s Committee on the Facilitation of Introduction of Islamic Finance in the UK. He also advises numerous banks and financial institutions on Islamic finance, and is special advisor to the Secretary General of the Muslim Council of Britain on business and economic affairs

Iqbal regularly contributes to seminars, conferences and symposiums on Islamic banking, finance and insurance, and organises the annual International Takaful Summit in London.

Dr Mustapha Sheikh (Visiting) BSc, MSc, PhD

Mustapha is a lecturer at Leeds University and teaches Islamic Commercial Law at Aston.  He holds BSc and MSc degrees in the study of religion and a PhD degree in Theology from Oxford  University.  He spent extensive periods of time in Syria and Turkey, reading texts in Arabic grammar, rhetoric, logic, jurisprudence, Qur'anic exegesis, legal theory, Arabic literature, hadith and mysticism. In 2006, he was awarded a Higher License (Ijazah 'Aliyah) in Islamic Law.