PhD in Islamic Finance (by Research) (MQA/FA8302) (R3/343/8/0055) (15 June 2022- 14 June 2027)

PhD in Islamic Finance (by Research)
Full Time : Minimum 2 years, Maximum 4 years
Part Time : Minimum 4 years, Maximum 5 years
Face to Face
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Why this course

The PhD in Islamic Finance programme is an innovative, multidisciplinary and research based doctoral programme that imparts the required analytical and investigative skills to further expand your theoretical knowledge. Moreover, the programmes enable you to acquire a comprehensive understanding of Islamic finance, and enhance the ability to analyse and interpret developments in the rapidly growing Islamic financial services market. Thus, you will have the competency to tackle emerging challenges and opportunities in the context of industry requirements. Visionary scholars have an opportunity to learn directly from experience academicians and industry leaders while being involved in applied research and consultancy projects with businesses and institutions in the Islamic finance field.

INCEIF’s PhD programme is also designed for exceptional high calibre students, and those who are internationally renowned for their research and thought leadership. INCEIF PhD graduates are sought after for business and management consultancy roles in the industry, senior management roles in governments, in addition to academic leadership positions in reputed universities and top business schools. The programme also allows a candidate with little or no background in Islamic finance to undertake research and make meaningful contributions to academia, practice and policy.


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Course information

  • Master’s degree or equivalent (with high distinction) from a recognized institution of higher learning.

  • Mathematics / Quantitative proficiency.

  • English proficiency:

    • Malaysian University English Test (MUET): Band 4 and above; or
    • IELTS : Band 6; or
    • TOEFL: 9.5 (Essential), 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
  • A minimum 5 years work experience in financial institutions.

  • Submission of a research proposal (not exceeding 15 pages, double-spaced in Arial size 12).

  • Thesis can be written in either English, Malay or Arabic Language


BASIC FEE PAYMENT : AFTER ACCEPTED OFFER MALAYSIAN STUDENT INTERNATIONAL STUDENT
Tuition Fee Per SemesterRM 6,500RM 8,000
Total Tuition Fee for 8 SemesterRM 52,000RM 64,000


PAYMENT : STUDENT SERVICE FEE MALAYSIAN STUDENT INTERNATIONAL STUDENT
Student Service / Resource Fee - Per Long Semester (Jan & Sept)RM 1,250RM 1,250
1 Year Student Service FeeRM 2,500RM 2,500


PAYMENT : MISCELLANEOUS FEES MALAYSIAN STUDENT INTERNATIONAL STUDENT
EMGS Application Fee-RM 1,060 - RM 1,231.20 (for Indonesian)
Personal Bond-RM 200 - RM 2,000
Student Pass Visa *according to Nationality-RM 60 - RM 120
Insurance-RM 475 - RM 1080 (for Indonesian)
iKAD-RM 50 - RM 100 (for Indonesian)
eVAL Processing Fee-RM 162
Medical Check-Up-RM 250


PAYMENT : DEPOSIT (Refundable Fee) MALAYSIAN STUDENT INTERNATIONAL STUDENT
Security DepositRM 1,000RM 1,000


PAYMENT : TOTAL MALAYSIAN STUDENT INTERNATIONAL STUDENT
Basic Fee
(Not including Student Services Fee + Miscellaneous Fees + Deposit)
RM 52,000RM 64,000
Total Fee
(Including Student Services Fee (1 Year) + Miscellaneous Fees + Deposit)
RM 55,500RM 72,443**


PAYMENT : RENEWABLE FEE MALAYSIAN STUDENT INTERNATIONAL STUDENT
EMGS Visa Renewal Fee-RM 151.20
Student Service Fee
(Long Semester Only; Jan & Sept)
RM 1,250RM 1,250

* Students to pay other fees required by Malaysian authorities

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

* Total Fee calculated is based on maximum chargeable amount


PhD by Research requires 4 pre-requisite courses before proceed to Research component.

Pre-requisite courses are:

  Component of Courses Programme Code
1Seminar in EconomicsFN6133
2Seminar in FinanceFN6233
3Seminar in ShariahFQ6333
4Research Methodology in Economics and FinanceQM6333

Thesis:

  • Minimum of 60,000 words

At the end of PhD in Islamic Finance programme, graduates should be able to:

  1. Synthesize and develop new concepts/theories contributing to the body of knowledge in Islamic finance through independent research.

  2. Demonstrate in-depth knowledge spanning across key areas in Islamic finance.

  3. Evaluate and enhance the current practices in Islamic finance.

  4. Disseminates scholarly work through presentations and publications.

  5. Demonstrate ethical and positive leadership skills, entrepreneurial mindset and life-long learning skills in undertaking research and projects in Islamic finance.

    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

    PhD in Islamic Finance (by Research)
    Application Deadline

    MQA/FA/8302 • R3/343/8/0055
    (Validity 15 June 2022- 14 June 2027 )

    SEMESTER INTERNATIONAL LOCAL & PR
    SEPTEMBER 2024 SEMESTER 31 MAY 2024 23 AUGUST 2024
    JANUARY 2025 SEMESTER 20 OCTOBER 2024 31 DECEMBER 2024

    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.


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