MSc Finance/PG Diploma in Finance/Certificate in Islamic Finance
The MSc Finance:
Being located in the world's largest international financial centre allows the University to test theoretical approaches against the realities of practice. The result is a body of rigorous and informed research, combined with a productive and dynamic relationship with the neighbouring financial institutions. The delivery of the Modules in our M.Sc programme is designed to meet not just the requirements of the global financial markets but also to the Middle East centres of Finance. We have a strong industry collaboration with the local banks and financial institutions/houses in the areas of the delivery of the programme, internship, guest lectures and the final placement of our students.
The MSc degree in Dubai will be awarded by the British University in Dubai.
Why Study Finance at BUiD?
A glance at the annual report of any large financial institution shows a wide range of activities - traditional deposit taking and lending, Islamic banking, mortgage finance, securitisation, asset management, trading in foreign exchange and securities markets, financial engineering, risk management and derivatives, involvement in mergers and acquisitions, initial public offering, listing on stock exchanges, bridge financing, depository services, and so on. Competition in all these areas is fierce and all are continuously impacted by changes in technology, innovation in financial instruments and new regulations. The BUiD’s Finance program offers graduate-level best-practice courses, taught by faculty members with solid research expertise and international teaching experience. The course aims to prepare high calibre individuals with a broad understanding, technical knowledge and personal skills necessary to operate effectively in senior positions at different organizations which include banks, financial institutions, regulatory bodies, Islamic banking/financial institutions and insurance companies. They also gain the much-needed experience to participate in the various segments of the capital markets. The course mixes broad core modules with electives designed to allow students to specialise in one or more key areas of finance. All the students in MSc Program are required to demonstrate their learning by writing a dissertation based on research on a contemporary issue that is of relevance to financial markets, preferably, in the UAE/GCC context.
What can I do with an MSc in Finance?
The World of finance, with its diverse career opportunities and continuing demand for capable postgraduate executives, is an attractive career choice for high calibre individuals. Taken full-time by recent graduates, the MSc programme aims to equip students with the knowledge and skills necessary to enter management-track positions in banks, financial services companies, central banks and supervisory authorities. Taken on a part time basis by students with experience in the financial sector, the MSc programme is designed to equip students with the knowledge and skills to advance from junior and mid-career positions into senior positions in these institutions.
Structure of the Programme
1. MSc Finance – Dissertation Route
The Programme is offered in full-time (FT) and part-time (PT) mode. The full-time programme takes almost one year of study to complete, and the part-time, a little over one and a half years.
The MSc Finance program has four concentrations and a general route. Students can choose anyone of the concentrations based on their career ambitions and promotional prospects.
2. Capital Markets
3. Financial Risk Management
4. Islamic Finance
5. General Route
Elements of the programme are:
3 core modules for each of which 20 credits are available (60 credits);
1 elective core module out of three for each of which 20 credits are available (20 credits);
2 Elective modules for each of which 20 credits are available (40 credits);
One research based dissertation (60 credits).
Total (180 credits) to complete the MSc Finance Program.
2. MSc in Finance – Project Route
As per this new structure, for the project-based MSc in Finance, the completion requirements will be as follows;
• Complete 5 x 20 credit core modules and 3 x 20 of the eight elective modules offered (160 credits).
• Complete a Project not exceeding 5000 words on a finance-related topic based on your concentration (20 credits).
Students obtaining 180 credits in total, in their taught modules and project will be eligible for the award of the MSc in Finance. As there is no concentration in this route, the student degree certificate will only indicate MSc in Finance.
3. Postgraduate Diploma in Finance with Concentrations
The same taught module structure as presented for MSc in Finance (Dissertation route) is proposed for Postgraduate Diploma in Finance programme, with the only difference that PG Diploma students will not be required to take the dissertation and will be eligible for award after completing all taught modules as specified in the structure, accumulating 120 credits.
4. Postgraduate Certificate in Islamic Finance
Concentration Module Title Credits
Core: Complete all of the following modules
Quantitative Methods for Finance (QMF) 20
Islamic Finance 20
Islamic Law of Business Transactions 20
Total Credits 60
Students obtaining 120 credits in total by successfully completing the above three modules will be awarded a postgraduate certificate in finance.