MBA in Islamic Banking
About MBA in Islamic Banking
Islamic finance has a phenomenal identity. What is today a US$ 2.2 trillion-plus industry had started in the 1970s as a humble effort to meet the banking needs of faith-conscious Muslims, primarily based on avoidance of interest and other non-halal transactions. It is a system of banking and finance that is consistent with the principles of Islamic law or Sharia law.
Islamic banking is seen as an alternative to traditional finance and a growing sector of the global financial market which is bringing new opportunities.
With the industry’s estimated growth rate of up to 20% year on year, comes a growing need for professionals in the field and a demand for ethical financing. Offers are plenty and opportunities are vast for both Muslims and non-Muslims and you might want to consider growing your career in this field. Islamic finance presents a market where both social and financial impacts can be made.
Why choose MBA in Islamic Banking?
Banking with an edge – Banking has always been a coveted profession. The industry has been growing in numbers forever. It greatly contributes to the Economic growth of the country. It works like a dual-degree offering by giving you an edge so that you can carve out a niche and stand out from the crowd by learning the principles of Islamic banking while covering the critical aspects of traditional banking.
Social Impact – Islamic banking believes in creating a positive social impact on society. Also referred to as Islamic finance or sharia-compliant finance, refers to finance or banking activities that adhere to sharia (Islamic law). It works on the fundamentals of sharing of profit and loss, and the prohibition of the collection and payment of interest by lenders and investors, and promoting partnerships. Most importantly it is based on real assets and promotes financial justice.
Prosperous Banking – With the growing markets like the oil rig market in the middle east, wealthy investors are inclined towards Islamic banking under the guiding principle of Sharia law. This helps Islamic banking experience exponential growth as compared to traditional banks.
Niche expertise and dearth of experts – Not only regional but also global wealth managers who deal with clients of this faith need expertise in Islamic finance to be able to position the financial products to suit the investment needs of clients. Even if not in an Islamic Banking establishment, certain conventional banks do have windows or sections that provide designated Islamic banking services to their customers. So there will always be a high demand for such professionals.
Transnational with equal opportunity for all – Islamic banking is open to people of all faiths thereby giving them the benefit of a constantly growing, evolving field that is ripe with opportunities. Banks, corporate businesses, and financial institutions are just some of the places seeking qualified experts in this field.
Why do a Masters at Euclea?
The MBA provided by Eucléa allow you to become a versatile and competent manager, regardless of the field of activity. The common core will allow you to strengthen your general skills to have a solid foundation.
You will specialize with the choice of your other dedicated teaching units but also thanks to your experience in a company thanks to the work-study program. Thus, instead of simply training technicians who master the tools of the function, the program makes it possible above all to train manager-entrepreneurs capable of exercising responsibilities from the outset.
Prerequisites : Bachelors/Graduation in any stream, language proficiency documents. In the case of a previous course other than the chosen specialty, the candidate’s file will be submitted for validation by the educational advisor. A different orientation may be proposed.
Program offered at our UAE Academic Center: Britts Imperial University College for Bachelors, Masters, Executive Masters.
Duration of training: 2 years
Initial or work-study training
Title recognized by the state
Euclea Business School diplomas are recognized by the French Ministry of Labor within the National Directory of Professional Certification (RNCP) at levels 6 et 7.