Executive Masters In Islamic Finance (eMIF)
Executive Masters In Islamic Finance (eMIF) |
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Full Time : Minimum 1 year, Maximum 2 years |
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Part Time : Minimum 3 years, Maximum 6 years |
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Online |
Financial Aid Click Here |
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
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Bachelor's degree in Muamalat and recognised Islamic Finance or equivalent with a minimum CGPA of 2.50 out of 4.00.
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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.
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Admission via Accreditation of Prior Experiential Learning (APEL)
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Malaysian citizen aged 30 years and above; and
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Holding Diploma / STPM / Matriculation / A-level or equivalent;
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Working and learning experience can be accredited; and
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APEL assessment
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English proficiency:
- Malaysian University English Test (MUET): Band 4 and above; or
- IELTS - band 6; or
- TOEFL: 550 (PBT), 79 (IBT) and above;
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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 Fee | RM70 | RM130 |
| BASIC FEE PAYMENT : AFTER ACCEPTED OFFER | MALAYSIAN STUDENT | INTERNATIONAL STUDENT |
|---|---|---|
| Tuition Fee Per Credit Hour | RM 300 | RM 360 |
| 10 Subjects (30 Credit Hours) | RM 9,000 | RM 10,800 |
| 1 Project Paper (12 Credit Hours) | RM 3,600 | RM 4,320 |
| PAYMENT : STUDENT SERVICE FEE | MALAYSIAN STUDENT | INTERNATIONAL STUDENT |
|---|---|---|
| Student Service / Resource Fee - Per Long Semester (Jan & Sept) | RM 550 | RM 550 |
| 1 Year Student Service Fee | RM 1,100 | RM 1,100 |
| PAYMENT : TOTAL | MALAYSIAN STUDENT | INTERNATIONAL STUDENT |
|---|---|---|
| Basic Fee Without Student Service Fee | RM 12,670 | RM 15,250 |
| Basic Fee + Student Service Fee ( 1 Year ) | RM 13,770 | RM 16,350 |
| PAYMENT : OPTIONAL | MALAYSIAN STUDENT | INTERNATIONAL STUDENT |
|---|---|---|
| Tutorial Fee - Per Course 4 session (3 Hours each) | RM 500 | USD 180 |
| Intensive Review Course (IRC) - Per Course 1 Session (8 Hours) | RM 600 | USD 240 |
| PAYMENT : RENEWABLE FEE | MALAYSIAN STUDENT | INTERNATIONAL STUDENT |
|---|---|---|
| Student Service / Resource Fee - Per Long Semester (Jan & Sept) | RM 550 | RM 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 | |
|---|---|---|
| 1 | 6 Core Courses | 18 |
| 2 | 4 Electives (to choose 4 from 9 electives) | 12 |
| 3 | Project Paper | 12 |
| Total Credit Hours to Complete | 42 | |
| Core Course | Programme Code | |
|---|---|---|
| 1 | Business Strategy and Policy | MGT5133 |
| 2 | Data Analytics for Business | QME5013 |
| 3 | Economics for Islamic Finance | ECN5013 |
| 4 | Ethics and Professionalism | MGT5023 |
| 5 | Shariah Aspects of Business and Finance | SH5013 |
| 6 | Shariah Rules and Issues | SHA5113 |
| Elective Course (Choose any 4) | Programme Code | |
|---|---|---|
| 1 | Accounting for Islamic Finance | FIN5153 |
| 2 | Audit and Compliance | SHA5223 |
| 3 | Commercial Law and Legal Documentation | SHA5213 |
| 4 | Islamic Banking Practices | BKG5113 |
| 5 | Islamic Capital Market | FIN5115 |
| 6 | Islamic Insurance | RMT5133 |
| 7 | Wealth Planning Management | RMT5123 |
| 8 | Risk Management of Islamic Banks | RMT5113 |
| 9 | Social Finance | FIN5213 |
| Project Paper (Consultancy Paper/Case Study) |
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| 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:
- Apply knowledge related to issues and development in Islamic finance and related industry.
- Demonstrate competency and skills in using appropriate techniques for Islamic finance and related industry.
- 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.
- Demonstrate teamwork qualities through communicating and working effectively with peers and possess leadership qualities with autonomy and responsibility.
- Demonstrate personal and entrepreneurial competency.
- 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
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MQA/FA/8831 • R3/343/7/0071 |
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| SEMESTER | LOCAL, INTERNATIONAL & PR |
| SEPTEMBER 2022 SEMESTER | 11 AUGUST 2023 |
| JANUARY 2024 SEMESTER | 31 DECEMBER 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.
