Eligibility & Fee
FEE STRUCTURE:
| MBA in Islamic Banking and Finance | ||
| Regular Fee | 35% Fee Scholarship Valid till July 20th | |
| 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
You have 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
Islamic Finance 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 Management Core Courses
SEMESTER-III
- Fundamentals of Business and Corporate Strategies.
- Industry Life Cycle Stages and Model.
- Porter’s Five Forces Model and Game Theory.
- Building a Sustainable Competitive Advantage and Competitive Strategies.
- Corporate Growth Strategies and SWOT Analysis Framework.
- Main Functions of Management and Planning.
- Organization Functions.
- Staffing and Strategic Human Resource Management.
- Motivation and Stress Relief Tactics.
- Product Life Cycle Decisions and Branding.
- Effective Marketing Social Media Marketing Mix.
- Fundamentals of Accounting, Financial Statements and Reporting.
- Negotiation and Persuasion: Fundamentals, Types and Subtleties.
- Improving Financial Performance and Collecting Data.
- Implementing ERP Systems and Best Practices.
- Accounting Types and Standards.
- Manging Expenses, Revenues, Taxes, Assets, and Equities.
- Cost Recognition and Trade Receivables & Payables.
- Managing Inventory and Fixed Assets.
- Financial and Leasing Liabilities.
- Debt and Equity Financing.
- Financial Statement Analysis and Working Capital Management.
- Capital Budgeting and Financial Reporting.
- Technical Skills to Create Effective Business Presentations.
- Company Valuation and Discounted Cash Flow Model.
- Company’s Weighted Average Cost of Capital.
- Introduction to Strategic Marketing and Marketing Mix.
- STP and SWOT Analysis.
- Aligning Marketing with Business Strategy.
- Internal Assessment and Types of Intellectual Property.
- VRIO Analysis, Value Chain Analysis and BCG Matrix.
- External Assessment: Ansoff Matrix and Porter’s Model.
- Defensive and Offensive Marketing Strategies.
- Aligning Pricing Strategy with Business Models.
- International Marketing and Business Strategies.
- Multi-Domestic Strategy.
- Franchising, Strategic Alliance, Joint Venture and Acquisition.
- Strategic Management Process and Frameworks.
SEMESTER-IV
- Introduction to Business Analytics, Data Analytics, and Data Science.
- Business Intelligence (BI), Machine Learning (ML), and AI.
- Applications of Big Data, BI, and Traditional Data Science and ML.
- Data Science Types and Techniques.
- Common Data Science Tools: Programming Languages & Software.
- Statistics: Population and Sample.
- Types of Data, Levels of Measurement and Visualization Techniques.
- Descriptive and Inferential Statistics Fundamentals.
- Confidence Intervals and Inferential Statistics.
- Hypothesis Testing and Relational Database Theory
- SQL and MYSQL: Fundamentals, Database and Applications.
- Tableau and Jupyter: Fundamentals, Exercises and Data Tools.
- Python: Fundamentals, Programming, Variables, Integration and Tools.
- Step by Step Data Pre-Processing and Analyzing the Predicted Outputs.
- Developing People, Leading Teams & Managing Processes.
- Changing World of Hybrid Work: Transition & Responsibilities.
- Types of Communication, Boundaries and Assigning Tasks.
- Motivation and Organization Life Cycles.
- Brainstorming, Coaching and Communication Skills.
- Difficult Conversations and Giving/Receiving Feedback.
- Justice, Discipline and Self-Control.
- Structuring Teams and Forming Organization.
- Team Facilitation & Decision Making.
- Conflict Resolution with Debate and Dialogue.
- Problem Solving and Improving Work Process.
- Organizational Frameworks and Components.
- Simple Structure (Personal Enterprise), Machine Bureaucracy (Programmed Machine), and Professional Bureaucracy (Professional Assembly)
- Organizational Divisional Structure (Super-Structure) and Adhocracy (Project-Based Structure)
- Organizational Structuring, Restructuring, and Liquidation Strategies.
- Organizational Systems, Managerial Tools and Trends.
- Applying Different Leadership Styles and Managing Leadership Challenges.
- Exploring Followership: Other Side of the Leadership Coin.
- Skills, Technology and Need for Organizational Agility.
- Shared Values and Dynamic Approach to Understanding Corporate Culture.
- Navigating Change Management Process.
- Entrepreneur Challenge to Boost Sales and Profitability.
- Valuation: Theoretic Background and Divisional Structure.
- Managing Mergers and Acquisitions Process.
Clients and Participants
Accreditation!
AIMS is an officially recognized organization that has obtained international accreditation from QAHE, UK 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.
