MBA Master of Business Administration (Islamic Finance)

Where changes are made to material information contained in this course description or a decision is taken to suspend a course between the offer of admissions and enrolment, we will inform applicants at the earliest possible opportunity and will outline the various options available to the applicant.

This postgraduate qualification is designed to help you develop the knowledge required to work in the growing and sophisticated Islamic finance sector, including a more in-depth look at the industry, products, performance and risk management issues.

You'll have the opportunity to gain skills in being effective, in working independently and as part of a team while critically evaluating and developing good practice in key areas of business management and the planning and management of general, commercial and Islamic finance products and services.

Islamic finance has developed into a solid industry that complements conventional banking. The Islamic market demands a specific expertise that combines solid financial knowledge with that of Islamic finance. A deeper understanding of Islamic finance can improve your competitiveness in the international financial market.

What can I do with this qualification?

Alternative career options

Graduates can also use this qualification as a stepping-stone into various other careers. Some of these roles may require relevant experience and/or postgraduate. Some possibilities include:

• Supply chain
• Product management
• Banking
• Accountancy
• Law
• Auditing and quality assurance
• Financial management
• Consultancy
• Teaching and education
• Hotel and leisure management
• Public relations
• Information systems
• Market research analysis
• Advertising
• Risk and insurance
• Purchasing
• Logistics
• Marketing
• Human resources
• Global investment

On successful completion of the MBA Islamic Finance programme you may apply for membership to the Chartered Management Institute (CMI). Please note that terms and conditions apply. More details are available at www.managers.org.uk

Home/EU Fees

Home students starting this course in the first year will be required to pay a Home fee of £9,720 for the academic year 2026/27.

International Fees

Overseas students starting this course in the first year will be required to pay a Overseas fee of £17,500 for the academic year 2026/27.

Bursaries

Click here for more information on our Master's Bursaries.

Important note regarding tuition fees: EU nationals who meet residency requirements (have settled or pre-settled status) may be eligible for 'Home' fee status. If you do not meet these residency requirements, overseas fees will apply. Irish citizens living in the UK or Ireland will be eligible for 'Home' fee status under the Common Travel Area arrangement. Please read the student finance for EU students web page on www.gov.uk for information.

Home Undergraduate Tuition Fee Adjustment

The tuition fee applicable to the first year of your programme of study is confirmed in your offer letter. The tuition fee set is based on the regulations and guidance in force at the time of offer but remains subject to adjustment in accordance with any government-approved inflationary increase. The University reserves the right to amend tuition fees for all years of study, including the first year, by no more than the maximum increase permitted under legislation and regulatory guidance issued by the UK Government and the Office for Students.

Where such increases are approved, they will not exceed the rate of inflation, as measured by an appropriate index such as the Consumer Prices Index (CPI), or any successor measure specified by government. The University will apply any adjustment consistently across affected student cohorts and will give reasonable notice to students of any confirmed change to the published fee before the start of the relevant academic year.

This approach ensures that tuition fees remain compliant with applicable legislation, proportionate to inflationary changes, and consistent with government policy linking permitted fee uplifts to the maintenance of high-quality education and outcomes. For more information, please refer to the government guidance at: gov.uk – Universities to deliver better outcomes in return for full fees.

Postgraduate and International Tuition Fee Adjustment

The tuition fee applicable to the first year of your programme of study is confirmed in your offer letter. The University reserves the right to amend tuition fees for subsequent years of study in accordance with its Course Fees Policy. Where such increases are approved, they will not exceed the rate of inflation, as measured by an appropriate index such as the Consumer Prices Index (CPI), or any successor measure specified by government. The University will apply any adjustment consistently across affected student cohorts and will give reasonable notice to students of any confirmed change to the published fee before the start of the relevant academic year.

As well as lectures, seminars and tutorials, your learning will benefit from guest speakers, case studies and visits. In addition to short periods spent with a tutor, you’ll spend a lot of time in guided independent study. This involves, for example, engaging in general background reading, preparing for seminar activities and working on assignments.

The University of Bolton's virtual learning environment (VLE) supports your learning, with course materials and links to key resources available online. The VLE will also allow you to engage in other learning activities and take part in discussions remotely.

The assessment strategy for the programme is designed to make sure you achieve the overall aims of the programme, as well as the learning outcomes for individual modules. As well as being a way to assess your achievement, assessment helps you to organise and develop your learning. Assessment feedback can help you develop your skills and an understanding of your own strengths and weaknesses. The assessments you’ll be required to complete fall into two general categories: formative and summative. Formative assessments don’t contribute to your overall module grade, but they are a part of the learning strategy for a module and you are required to complete them. Summative assessments do contribute to your overall module grade. You’ll also receive feedback on these assessments, so you’ll know what you have done well and where you can improve. Many different forms of assessment are used. The major ones being coursework (usually essays), reports/case studies, oral presentations, examinations, research proposal, and the dissertation.

Modules

The modules listed below may be a mixture of compulsory and optional. You may not have the opportunity to study all the modules shown as part of the course.

• Islamic Business Transaction Law
• Islamic Finance and Investment
• Strategic Management and Leadership
• Dissertation (Islamic Finance)
• Research and Study Skills
• Financial Management and Decision Making
• Sales Management and Marketing
• Human Resource Management
• Research Methods

Assessment methods

Level	Assessment method
Level 1	Coursework 57% Practical exams 36% Written exams 7%

Learning Activities

Level	Activity
Level 1	Guided independent study 85% Scheduled learning and teaching activities 15%

The university will use all reasonable endeavours to deliver your course as described in its published material and the programme specification for the academic year in which you begin your course. The university considers changes to courses very carefully and the university will minimise any changes. Please be aware that our courses are subject to review on an ongoing basis and changes may be necessary due to legitimate staffing, financial, regulatory and academic reasons. The content of course modules and mode of associated assessments may be updated on an annual basis. This is to ensure that all modules are up-to-date and responsive to employment and sector needs. The published course material and the programme specification contain indicative ‘optional modules’ that may be subject to change due to circumstances outside of our control. For this reason, we cannot guarantee to run any specific optional module.