Islamic Banking, Finance and International Business MSc at University of Dundee

Programme overview

This MSc covers Islamic finance, meaning the management of money and business in line with Islamic moral principles, together with banking and international business. Islamic financial institutions operate in over 75 countries. It is taught at the Dundee City Campus.

Faculty: Faculty of Science, Engineering and Business | Department: School of Business | Duration: 12 months full-time | Intake: January 2027, September 2027, January 2028 | Study mode: full-time | Location: Dundee, Scotland, United Kingdom

What you will study

Areas covered include Islamic commercial law, Islamic capital markets, operations of Islamic banks and financial markets, risk management in Islamic financial institutions, contemporary debates in Islamic finance, internationalisation strategies and strategic business decisions. An optional eight-week internship is available.

Career pathways

Graduates work in conventional and Islamic banks, insurance companies, financial services firms, trading brokers and the finance departments of industrial and commercial firms. An optional eight-week internship is arranged through the School of Business, and the International Waqf Fund offers limited internships.

Official programme page

Application information

Entry requirements

UK Honours degree at third-class or above in any subject that has developed analytical and quantitative skills. English language (international applicants): IELTS Academic 6.0 overall with 6.0 writing and 5.5 in listening, reading and speaking; TOEFL iBT 80 overall (writing 19, listening 17, reading 18, speaking 20); PTE Academic UKVI 64 overall; LanguageCert Academic 60; Trinity ISE II Merit. Nationals of some countries are exempt.

Domestic applicants: GBP 11,000 a year. Fee year not stated on source (fees page lists entry dates Jan 2027, Sep 2027, Jan 2028). Same fee for Scotland, rest of UK and Republic of Ireland. Source

International applicants: GBP 23,700 a year. Fee year not stated on source (fees page lists entry dates Jan 2027, Sep 2027, Jan 2028). before scholarships; may rise each January by up to 5% or CPI, whichever is higher. Source

Intake: January 2027, September 2027, January 2028

Duration: 12 months full-time

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