2011 Nazaha Markets Education Series

Caption: Amina Samy “Seek knowledge even as far as China.” – Prophet Muhammad (pbuh)

Institution: University of Durham

Programs: MA/MSc in Islamic Finance
Level: Advanced
Duration: 12 months
Fees: £8,500 (UK and EU students) | £15,000 (International Students)
Program website: http://www.dur.ac.uk/sgia/difp/
Admission Requirements:
• A bachelor's degree (normally a 2.1 or first class degree) or an equivalent
professional qualification from a recognized institution.
• Applicants for MSc in Islamic Finance should have knowledge and familiarity in
quantitative economics and finance.
• Most importantly applicants applying for research degrees MUST submit a
research proposal with their application, 500 words minimum.
Application Process:
Application is only possible through online (please follow the link).
Applications would only be processed after receipt of complete application materials
including transcripts and/or degrees (scanned copies are acceptable for initial
screening), evidence of IELTS score of 7.0 AND two academic references.
Deadlines: The closing date for accepting applications is 31 May, 2011 for entry in
October. Apply On-line Now
Contact info: Postgraduate admissions at sgia.pgadmissions@durham.ac.uk
or Dr Mehmet Asutay at mehmet.asutay@durham.ac.uk
Institute for Middle Eastern and Islamic Studies
School for Government and International Affairs
Durham University
Elvet Hill Road
DURHAM DH1 3TU
UK
Prospectus: You can request a prospectus on this page: http://www.dur.ac.uk/
prospectus/

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2011 Nazaha Markets Education Series

ABOUT THE UNIVERSITY

The University of Durham, commonly known as Durham University is a university in
Durham, England. Durham is a collegiate University, with its main functions divided
between the academic departments of the University and 16 colleges. The University
is seen as very prestigious and is consistently one of the highest ranked universities
in the UK."Long established as a leading alternative to Oxford and Cambridge, the
University attracts "a largely middle-class student body" according to The Times
Good University Guide. The University was named Sunday Times University of the
Year in 2005, having previously been shortlisted for the award in 2004
ABOUT THE DURHAM ISLAMIC FINANCE PROGRAM (DIFP)
Durham has been a centre for research in Islamic finance for over 25 years. DIFP is
run under the umbrella of the Institute for Middle Eastern and Islamic Studies at
Durham University. As the Institute is part of the University's School of Government
and International Affairs this enables us to draw on the Schools disciplinary strengths
in governance and regulation that have particular relevance for Islamic finance.
DIFP offers postgraduate research degrees in Islamic banking, finance, management
and economics. Durham has produced many graduates, who are now working in the
Islamic banking and financial sector, as well as contributing to the teaching of Islamic
economics and finance all over the world. With the launch of the DIFP the university
is seeking to consolidate its position as the leading centre for postgraduate research
on Islamic economics and finance, as well as extend its activities into the
professional realm.
DIFP is directed by Professor Rodney Wilson and Dr Mehmet Asutay. The DIFP was
further strengthened by the appointment of a new Professor in 2008, the Sharjah
Chair, with the post holder Professor Habib Ahmed focusing on the implications of
Shariah for commercial and financial contracts.
Announcements
The new MA in Islamic Finance and MSc in Islamic Finance are now taking
applications for the academic year 2011-2012, as part of the Durham Islamic Finance
Programme (DIFP) located in the School of Government and International Affairs
(SGIA). The application deadline is 31 May, 2011.
Being the major centre for Islamic banking and finance studies in the West, DIFP and
SGIA provide a number of programmes and courses in Islamic economics, banking
and finance.
Both of these programmes will be jointly offered by SGIA and Durham Business
School (DBS) by bringing together the expertise and reputation of two important
institutions in their field.
The contribution by DIFP through teaching and research over two decades is an
indication that the MA/MSc in Islamic Finance will be yet another successful area of
the programme, which will further contribute to the reputation of our programme.

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2011 Nazaha Markets Education Series

Structure of the Programme

MA in Islamic Finance MSc in Islamic Finance

Core Modules Core Modules

Islamic Banking and Finance  Islamic Banking and Finance

Islamic Law and Financial Transactions Islamic Law and Financial Transactions

Islamic Political Economy Islamic Political Economy

Islamic Accounting Advanced Financial Theory

Research Methods in Business and Econometrics I

Management

Theory of Finance Portfolio Management

Financial Management Corporate Finance (MSc)

Dissertation Dissertation

Optional Modules (Must choose one) Optional Modules (Must choose one)

Behavioural Finance International Finance

Multinational Finance Islamic Accounting

Financial Planning and Control Financial Management

Corporate Governance Behavioural Finance

Corporate Reporting Multinational Finance

International Financial Asset Management

Financial Risk Management

Derivative Markets

Financial Modelling and Business Forecasting

Corporate Governance

Note: Each module carries 15 credit; and Dissertation module carries 60 credits, you must have a

total of 180 credits.

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2011 Nazaha Markets Education Series

Sources:
Wikipedia | Durham University | http://en.wikipedia.org/wiki/Durham_University
Durham University | Official University Website | http://www.dur.ac.uk/sgia/difp/mamsc/

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