Master in Islamic Finance
Study part-time, work full-time. Discover interactive, blended learning.
The program is aimed at professionals with a minimum of 4 years’ experience in the world of Islamic finance or conventional finance. The program is designed by IE and ICD (The Islamic Corporation for the Development of the Private Sector), combining on-site periods in Spain and Saudi Arabia with interactive online learning.
Master in Islamic Finance combines 3 face-to-face periods in Madrid -Jeddah – Madrid with online interactive distance learning periods, with online sessions and live interactive videoconferences. This new generation of blended education has been recognized as No.1 in the world by the FT for IE´s Global MBA in four consecutive years 2013-2017.
Islamic Finance students are senior professionals and executives with extensive experience in the areas of Islamic Finance and conventional finance, many of whom are holding positions such as CFO, Managing Directors, Vice Presidents of banks, companies and international organizations. They come to IE with open-minds and global mindsets to share the same passion for Islamic Finance.
Apart from live videoconference that take place every Saturday from 15:30 – 17:00, between Monday and Thursday, students participate in asynchronous forum sessions according to their time zone. Participants connect to the Virtual Campus in order to access the forums, which are active 24 hours a day. This allows students to make their written contributions at whatever hour best fits their schedule.
Apart from providing students with practical knowledge of high level financial tools, critical and practical islamic finance technical skills combined with the latest legal aspects and corporate governance of the industry, the program also equips students with leadership skills through communication, critical thinking, networking and negotiation.
IE’s unique blended methodology allows participants to interact with classmates and professors from any part of the world, without interrupting their professional lives.
The program combines face-to-face periods with online interactive learning periods. The online interactive learning periods take place when students get back to their countries.
Derivatives & Fixed
Islamic Law of Commercial Transactions
The methodology is eminently practical and based on teamwork and the case method. Topics are analyzed through participants’ discussion of real business cases and simulations under the guidance of the professor, who leads and focuses the debate. This methodology helps identify the main problems companies have to deal with, and develops participants’ decision making skills. The interactive distance learning dynamic is based on combining live videoconference sessions and asynchronous discussion forums.
IE’s virtual campus is the principal tool used by students and professors, and is the basic web platform which supports all of the program’s online activities. Every student has their own personal access codes to allow them to use the campus whenever they wish. Once logged in, students have access to forums focused on the subjects they are currently studying. In addition to this, students can make use of private forums for group work, and the virtual café, a space where all class members can discuss any topics of interest.
A live videoconference takes place every Saturday at 16.00 and 18.00 hrs (Madrid time). These sessions allow students and professors to have live interaction via video and audio connections (using web conference platforms provided by IE). Each session lasts 90 minutes and attendance is mandatory. This format allows class members to maintain weekly face-to-face contact with professors and fellow participants. Sessions consist of a mixture of case discussions, group presentations, and lectures.
Between Monday & Thursday, students participate in sessions which take place on the discussion forums. Participants connect to the Virtual Campus in order to access the forums, which are active 24/7. This allows students to make their written contributions at whatever hour best fits their schedule. The number of interventions per student is limited to 5 short contributions in order to encourage a fluid debate.
Upon program completion you will receive a University Private Degree from IE Business School and IE Universidad.
IE Business School is a school within IE Universidad, which is a University officially accredited by the Spanish education authorities, allowed to provide official Bachelor and Master’s degrees, whose qualifications are officially submitted by the Spanish Ministry of Education, in accordance with the Spanish legislation. Likewise, IE Universidad is legally authorized to provide its own University Private Degrees, which differ from the official ones in that they are created and provided by exercising the University’s autonomy conferred by the Spanish regulations. These University Private Degrees are specifically directed towards the professional application of such studies and the constant update of the higher education, preserving the educational standards of excellence of IE.
The Master in Finance has been consistently ranked in the top 8 by the Financial Times´ Global Masters in Finance rankings in the past four years. It is also ranked No.1 worldwide by eFinancialCareers, a ranking that measures the number of students who got jobs in top investment banks.