Entrepreneurship, Innovation and Islamic Finance MSc
Learn about the processes of starting a business in an existing or new sector of the economy while staying in line with Islamic financial traditions
Islamic Finance looks at the processes of managing money and doing business in a way that fits with the moral principles of Islam. This is also known as being Shari'ah-compliant. Islamic financial institutions operate in over 75 countries worldwide. They have become highly influential in the global financial landscape.
Entrepreneurship refers to the process of starting and managing a new business or venture. Innovation is the process of introducing new ideas, methods, products, or services that lead to improvements or advancements in various fields.
This course draws together the two concepts of starting an innovative new business, that is Shari'ah-compliant.
One degree, two institutions. This course is delivered together with our partner institution Al-Maktoum College. This collaboration gives your degree the depth of our traditional knowledge, and the expertise of Al-Maktoum in Islamic banking and finance and wider Islamic studies.
In partnership with
Our Islamic Finance courses are taught in partnership with Al-Maktoum College, Dundee
The course gives you a specialist understanding of the principles and practices of Islamic Finance, as well as traditional western finance, opening up global career opportunities.
Being a part of Dundee and Al-Maktoum also means you have access to twice the resources, twice the support, and twice the opportunities of a typical degree programme.
Throughout the duration of this course, you will:
- develop your understanding of the application of Islamic commercial law. This will be in relation to Islamic financial institutions and financial products. You will also develop an understanding of the emergence and working mechanisms of Islamic capital markets.
- cover the operations of Islamic banks and Islamic financial markets. You will also cover the nature of risk and its management in Islamic financial institutions
- learn to challenge the contemporary issues and debates in Islamic finance. Through this, you will learn of the internationalisation strategies and strategic decisions in business.
- gain knowledge of entrepreneurship in a Islamic Finance context
- learn how to demonstrate related skills such as innovative thinking
An optional internship is available on this programme, which gives you the opportunity to gain real world work experience while you complete the programme.
The Internship takes place over 8-weeks in the summer, and is completed abroad, or can be done online from home.
Scholarships
If you are qualify for selected University of Dundee scholarships you may also be eligible for additional Al Maktoum funding. See our Scholarship pages for details.
Offered in collaboration with the International Waqf Fund
The School of Business is pleased to offer a limited number of exclusive internship opportunities. This is for students on MSc Islamic Finance and all its pathways. More information about the International Waqf Fund can be found on their website.
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Paid Post Graduate Internships
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Three paid six months internships after graduation. You can apply for these positions after you graduate. Application details will be made available during the course.
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Summer Internships
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Three 8-week internships are available with the International Waqf Fund. This is part of the wider internship arrangements for students on MSc Islamic Finance and its pathways.
Islamic Finance degrees
You can choose to study one of the following degrees, with the option being open to change your choice upon arrival at the University:
If you have any questions about the admissions process, studying, or living in Dundee, please contact us