Executive Masters In Islamic Finance (eMIF)

Executive Masters In Islamic Finance (eMIF)
4 – 12 Semester / FT: 2 Years - PT: 6 Years
Online
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Why this course

Knowledge is strength, helping leaders to innovate and blaze new trails in enterprise and socioeconomic development. INCEIF can help you harness this power responsibly with the Executive Masters in Islamic Finance programme. Designed for working professionals by renowned scholars from both conventional and Shariah finance. This inclusive and multidisciplinary programme takes you beyond Islamic finance, imparting knowledge and instilling values, as you prepare to take the reigns and become a formidable catalyst of postive change.

Successful completion of the eMIF will ensure you gain working knowledge of Data Analytics, Business Strategy and Policy and Social Finance, while acquiring the ability to analyse and develop solutions to modern business challenges, analyse organisational situations and market fluctuations, and assess international socioeconomic conditions.

You will come to understand how Islamic financial instruments such as Zakat, Sadaqah, Waqf and Takaful can be combined with technological advancements to boost development and alleviate hardship, in accordance with Maqasid Shariah and UN Sustainable Development Goals, and learn to conduct business with integrity and in compliance with good governance practices.


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Course information

  • Bachelor's degree in Muamalat and recognised Islamic Finance or equivalent with a minimum CGPA of 2.50 out of 4.00.

  • Candidates with CGPA of below 2.50 but above 2.00, with a Bachelor’s degree from other fields may be considered, subject to additional internal assessments.

  • Admission via Accreditation of Prior Experiential Learning (APEL)

    • Malaysian citizen aged 30 years and above; and
    • Holding Diploma / STPM / Matriculation / A-level or equivalent;
    • Working and learning experience can be accredited; and
    • APEL assessment
  • English proficiency:

    • Malaysian University English Test (MUET): Band 4 and above; or
    • IELTS - band 6; or
    • TOEFL: 550 (PBT), 79 (IBT) and above;
  • Exemption:

    • Candidates from native English speaking countries
    • Candidates with academic qualifications from institutions using English as the full medium of instruction

BASIC FEE PAYMENT : INITIAL APPLICATION MALAYSIAN STUDENT INTERNATIONAL STUDENT
Application Processing FeeRM70RM130


BASIC FEE PAYMENT : AFTER ACCEPTED OFFER MALAYSIAN STUDENT INTERNATIONAL STUDENT
Tuition Fee Per Credit HourRM 300RM 360
10 Subjects (30 Credit Hours)RM 9,000RM 10,800
1 Project Paper (12 Credit Hours)RM 3,600RM 4,320


PAYMENT : STUDENT SERVICE FEE MALAYSIAN STUDENT INTERNATIONAL STUDENT
Student Service / Resource Fee - Per Long Semester (Jan & Sept)RM 550RM 550
1 Year Student Service FeeRM 1,100RM 1,100


PAYMENT : TOTAL MALAYSIAN STUDENT INTERNATIONAL STUDENT
Basic Fee
Without Student Service Fee
RM 12,670RM 15,250
Basic Fee + Student Service Fee ( 1 Year )RM 13,770RM 16,350


PAYMENT : OPTIONAL MALAYSIAN STUDENT INTERNATIONAL STUDENT
Tutorial Fee - Per Course
4 session (3 Hours each)
RM 500USD 180
Intensive Review Course (IRC) - Per Course
1 Session (8 Hours)
RM 600USD 240


PAYMENT : RENEWABLE FEE MALAYSIAN STUDENT INTERNATIONAL STUDENT
Student Service / Resource Fee - Per Long Semester (Jan & Sept)RM 550RM 550

* Students to pay other fees required by Malaysian authorities

* INCEIF reserves the right to change the fees without prior notice

  Component of Courses Credit Hours
16 Core Courses18
24 Electives (to choose 4 from 9 electives)12
3Project Paper12
Total Credit Hours to Complete42


  Core Course Programme Code
1Business Strategy and PolicyMGT5133
2Data Analytics for BusinessQME5013
3Economics for Islamic FinanceECN5013
4Ethics and ProfessionalismMGT5023
5Shariah Aspects of Business and Finance SH5013
6Shariah Rules and Issues SHA5113


  Elective Course     (Choose any 4) Programme Code
1Accounting for Islamic FinanceFIN5153
2Audit and ComplianceSHA5223
3Commercial Law and Legal Documentation SHA5213
4Islamic Banking PracticesBKG5113
5Islamic Capital Market FIN5115
6Islamic Insurance RMT5133
7Wealth Planning Management RMT5123
8Risk Management of Islamic Banks RMT5113
9Social Finance FIN5213


Project Paper     (Consultancy Paper/Case Study)
This is a supervised research project that provides students with the opportunity to undertake independent research in a specific area of Islamic Finance.



At the end of Executive Masters in Islamic Finance Practice programme, graduates should be able to:

  1. Apply knowledge related to issues and development in Islamic finance and related industry.

  2. Demonstrate competency and skills in using appropriate techniques for Islamic finance and related industry.

  3. Identify key problems in Islamic finance and related industry, analyse the environment and provide practical solutions using broad range of media and technology as well as scientific and visual data.

  4. Demonstrate teamwork qualities through communicating and working effectively with peers and possess leadership qualities with autonomy and responsibility.

  5. Demonstrate personal and entrepreneurial competency.

  6. Conduct themselves professionally and in compliance with good ethics and governance practices.




    Applicants can apply via online at https://apply.inceif.org/online-application, proceed to create a new account and fill the prescribed forms. You may contact our education counsellors via live chat or email to [email protected] if you have any questions.


    APPLICATION DEADLINE

    eMIF Application Deadline

    MQA/FA/3816 • R/343/7/0112
    (Validity 28 March 2019 - 27 March 2024)

    SEMESTER LOCAL, INTERNATIONAL & PR
    JANUARY 2023 SEMESTER 6 JANUARY 2023
    JUNE 2023 SEMESTER 19 MAY 2023
    SEPTEMBER 2022 SEMESTER 11 AUGUST 2023

    Please ensure that your application is submitted before the application deadline as displayed. Applications received after this date may not be reviewed for admission.

    International Applicants

    We encourage you to apply early to ensure you have plenty of time to prepare the necessary travel, study and immigration documents.


    Related Programmes

    Master of Science in Islamic Finance (MSc)

    Master of Science in Islamic Finance (MSc)

    MBA (Sustainable Business)

    MBA (Sustainable Business)


    Masters in Islamic Finance Practice (MIFP)

    Masters in Islamic Finance Practice (MIFP)