Eligibility & Fee
FEE STRUCTURE:
| MBA in Islamic Banking and Finance | ||
| Regular Fee | 35% Fee Scholarship Valid till Nov 30 | |
| Semester-I Fee | £ | £ 1,170 |
| Semester-II Fee | £ | £ 1,170 |
| Semester-III Fee | £ | £ 1,170 |
| Semester-IV Fee | £ | £ 1,170 |
| Full MBA Fee (in Installments) | £ | £ 4,680 |
| Full MBA Fee (if paid at once) | £ | £ 4,200 |
FEE INCLUDES:
Two years unlimited access to online study resources
Interactive lectures, explaining complete MBA curriculum
Comprehensive study e-manuals covering complete MBA curriculum
24/7 academic support by Islamic finance scholars
Access to Islamic Finance e-Library
26 practice examinations as assignments
Free examination attempt for each course
Free CIB and CIFE certifications on completion of Semester-I
Free MDIF diploma on completion of Semester-II
ELIGIBILITY CRITERIA
Before enrolling, make sure that:
You possess a bachelors degree or equivalent qualification from a recognized institution
Applicants must have good working knowledge of English.
MBA ON EQUIVALENCY
Applicants who already hold MBA degree from a recognized institution, may get exemption on MBA Semester-III & IV.
Applicants who hold other Masters Degree, may receive exemption on particular subject that they have studied.
MBA Curriculum
CONCENTRATION COURSES:
SEMESTER-I
- Causes of Economic Problems
- Origins and Principles of Islamic Economics
- Islamic vs other economic system
- Means of Production and Distribution of Wealth
- Overview and types of Riba, Maysir, Games of Chance, etc.
- Islamic Principles for Transactions (Fiqh-Ul-Muamlaat)
- Behaviour of Firm Under the Influence of Islamic Spirit
- Implementing Shirkah for Business & Banking Transactions
- Principles and Regulations for Islamic banking and finance
- Investment vehicle alternatives for Individuals, Corporate & Government
- Engineering for the Diversification of Islamic Financing Methods
- Framework and Types of Islamic Financial Contracts
- Overview, Stages, Mechanism, Types, Applications, Islamic Banking Implementation and Case Studies of:
Murabahah, Musharakah, Diminishing Musharakah, Mudarabah, Ijarah, Salam, and Istisna.
- Islamic financing for Imports & Exports.
- Financing Projects and working capitals.
- Features, Structures & Types of Sukuk (Islamic Bonds)
- Dealing in Shares and Islamic Mutual Funds
- AAOIFI Shariah Rulings for IFIs.
- Overview, Stages, Mechanism, Islamic Banking Implementation and Case Studies of:
Salam, Istisna, Istijrar, Tawarruq (Monetization), Muzarat (Tenancy) , Kafalah (Guarantee), Hawalah (Assignment of Debt), and Hawalah.
- Laws regarding Accounting for Islamic financial institutions
- Financial Accounting and Financial Reporting
- Designing Investments Models for IFIs
- Securitization of Musharakah, Murabahah, and Ijarah.
- AAOIFI Accounting Standards, Model Agreements and Accounting with Case Studies for:
Murabahah, Mudarabah, Musharakah, Diminishing Musharakah, Salam, Istisna, Ijarah, and Investment Funds.
- Overview of Conventional Insurance
- Major Norms of the Takaful
- Laws, System, and Types of Takaful
- Wakala Model and Wakala-Waqf Model for Takaful
- General Takaful Mechanism & Products.
- Family Takaful Mechanism & Agreement.
- Takaful Accounting and Policies.
- Re-Takaful.
- AAOIF Accounting & Shariah Standards.
SEMESTER-II
- Islamic Principles of the Government Role in Economy
- Economic Development and Planning
- Planning the collective social order
- Allowances and Special Provisions in Islam
- Islamic Principles about Individuals
- Fiscal Policy, Islamic Monetary, and Bait-ul-Maal
- Inflation, Taxation and Theory of Evaluation
- Public Expenditures and Aggregate Equilibrium
- Various Economic Systems at Macro Levels.
- Designing of Islamic Financial Products
- Venture Capital (VC), IPOS, and After-Market Brokerage
- Development of Islamic Securities and Sukuk
- Islamic Financial Engineering
- Pool Management in IFIs
- Islamic Agriculture Financing
- Islamic Credit Cards
- Conversion of Conventional Bank to Islamic Banking
- Risk Management for IFIs
- Shariah Compliance in IFIs
- Shariah Based Auditing Rules & AAOIFI Standards
- Governing of Islamic Financial Institutions.
You must design and implement an Islamic financial product at the end of the program. The project work will increase your knowledge and expand your abilities in the real world. Furthermore, you will prove to be a creative problem solver, and gain access to better opportunities. The following are the key areas in the Product Plan:
- Development of Islamic financial products following Shariah law,
- Product operating flowchart and mechanism,
- Accounting procedures for treatment of product,
- Sales and marketing plans, and,
- Rules for termination or cancellation of the contract.
BUSINESS CORE COURSES:
SEMESTER-III
- Management Science Theory and Practice
- External Environment, Social Responsibility & Ethics
- Essentials of Planning and Managing By Objectives
- Effective Organization & Organization Culture
- Coping With Change
- Performance Appraisal & Career Strategy
- Managing Change through Manager & Organization Development
- Motivation, Leadership and Communication
- System, Process of Controlling and Control Techniques
- Productivity, Operations Management & Total Quality Management
- Changing Practice of Management.
- Introduction to Management Accounting
- Managerial Accounting & the Business Organization
- Activity Cost Behavior
- Activity-Based Costing
- Job-Order Costing
- Process Costing
- Support-Department Cost Allocation
- Activity- and Strategic-Based Responsibility Accounting
- Flexible Budgets & Variance Analysis
- Standard Costing A Managerial Control Tool
- Functional & Activity-Based Budgeting.
- Introduction of Banking
- Banker and Customer
- Retail Banking & Its Functions
- Clearing: Types, Operations, EFTs & SWIFT.
- Central Bank
- Monetary Policy
- Consumers and Retail Loans
- Mutual Funds
- Financial Markets
- Legal Protection to Banking Transactions and Payment Modes
- Accounting for Banks and e-Banking
- Managing and Pricing Deposit Services
- Anti-Money Laundering.
SEMESTER-IV
- Evolution of Human Resource Management
- Strategic Human Resource Management
- Human Resource Planning in a Changing Environment
- Equal Employment Challenges
- Job Analysis and Design
- Recruitment
- Employee Selection
- Orientation and Placement
- Training and Development
- Performance Appraisal
- Wages and Salaries
- Benefits and Services
- Security, Safety and Health
- Industrial Conflict and Negotiation
- Employee Communication
- International Human Resource Management
- Ethical Issues in HR Management
- Marketing in the 21st Century
- Developing Marketing Strategies & Plans
- Gathering Information & Measuring Market Demand
- Analyzing Consumer Markets & Buyer Behavior
- Identifying Market Segments and Selecting Target
- Building Strong Brands
- Managing Products for Business Markets
- Managing Innovation and New Industrial Product Development
- Pricing Strategy for Business Markets
- Managing Integrated Marketing Communications
- Managing the Total Marketing Effort
- Controlling Business Marketing Strategies
- What Is Organizational Behavior?
- Foundations of Individual Behavior
- Values, Attitudes, Personality and Perception
- Emotions and Moods
- Motivation from Concept to Applications
- Foundations of Group Behavior
- Understanding Work Teams
- Decision Making and Leadership
- Culturally Diverse Groups
- Conflict Resolution
- Managing Stress and Employee Job Satisfaction
- Management of Global Organization
- Managing Organizational Change and Development
Accreditation!
AIMS is an officially recognized organization that has obtained accreditation from CPD and is registered with the UKRLP in the United Kingdom. The online MBA program in Islamic Banking and Finance offered by AIMS adheres to the guidelines outlined by Ofqual Regulated Qualifications Framework (RQF) for Level-7 Masters Degree, as well as follows the Shariah Standards set by AAOIFI.
Clients & Participants
