PROGRAMME HIGHLIGHTS

International Curriculum

Career Opportunities

Experienced Faculty

High Employability

PROGRAMME DETAILS

  • To provide students with an understanding of the jurisprudential and theoretical fundamentals of Islamic Banking and Finance
  • To provide an appreciation of the investment regulations relating to the banking industry and to Islamic banks in particular
  • To ensure that in completion of the programme the students would have developed the skills and confidence required to take the responsibilities of junior banking positions particularly in the area of Islamic Finance
  • To provide opportunities for students to develop academically and prepares them for further study.

Year 1:

Code Semester I Code Semester II
ACC1101 Introductory Financial Accounting ACC1102 Financial Reporting & Analysis
QM1101 Quantitative Methods I IF1101 Islamic Commercial Jurisprudence
ECO1102 Money & Macro Economics IT1101 Managing Information
MGT1101 Principles of Management IF1102 Islamic Economic Thought

Year 2:

Code Semester I Code Semester II
FIN2101 Corporate Finance IF2104 Islamic Investment Banking
IF2108 Accounting, Auditing & Governance for Islamic Financial Institutions MGT2102 Management and Organization
IF2103 Islamic Commercial Banking IF2107 Banking Business and Trust Law
Optional Optional

Optional Subjects Year 2:

Code Semester I Code Semester II
BAK2101 Bank Lending BAK2102 Risk Analysis
MKT2101 Principles of Marketing ACC2109 Business and Professional Ethics

Year 3 (in Bahrain):

Code Semester I Code Semester II
ABB3108 Advanced Inv. Theory & Practice ABB3105 Advanced Corporate Finance
ABB3109 Investment & Investment Banking ABB3112 Comparative Banking
ABB3110 International Banking ABB3113 Econometrics
ABB3111 Money & Banking    

 

The Banking and Financial industry is a large field with many opportunities for growth. Working in the banking industry can lead to different career opportunities. Moreover, in specific, this programme provides the opportunity for students to understand both how conventional banks are operating, as well as Islamic banks. This will enable students to apply the general concepts in Banking in addition to Islamic Financial concepts within the world of Corporate Banking.

Careers in Banking and Islamic Banking

  • Financial advisers
  • Analysts
  • Anti- Money Laundering Auditor
  • Bank Teller
  • Client Service Officer
  • Loan Officer
  • Investment Banker
  • Treasurer
  • Consultant
  • Mortgage Consultant
  • Business Development Officer
  • Shari'a consultants

Students graduating with the Banking & Finance degree can progress to CFA or CIMA and obtain a Certified Professional Qualification in field.

  • Takes three academic years to complete (2 years for the Validated Diploma + the final year)
  • Two Semesters (from September – January & from February - June)
  • Four modules per semester
  • A combination of guided-learning and self-study is required
  • Sessions are conducted in small groups allowing for maximum support and interaction
  • Receive training in the only “Dealing Room” simulation in the region.
  • Access to internship opportunities and extracurricular activities
  • You will be assessed through a mixture of continuous assessment and written examinations.
  • You will complete assignments such as collecting and analyzing information from commercial databases or the internet, preparing business case studies, written essays and completing problem-solving exercising.
  1. Statement of Graduation Secondary School General Certificate
  2. High School Diploma
  3. Foundation Year Completion Certificate or:
    • International Baccalaureate- IB Score (24 points)
    • Advanced Level (A-Level) - 3 A-levels with a minimum score of C
    • CBSE minimum of 65% with 70% in English
  1. IELTS (UK VI) Score of 6 each band score not less than 5.5
  1. Foundation Year Completion Certificate or:
    • International Baccalaureate- IB Score (24 points)
    • Advanced Level (A-Level) - 3 A-levels with a minimum score of C
    • CBSE minimum of 65% with 70% in English
  2. An acceptable high school leaving qualification stamped by the Ministry of Education- Bahrain.
  3. High School Graduation statement issued by the High School
  4. Letter of good conduct issued by the High School
  5. Passport Copy
  6. CPR Cope (Back and Forth)
  7. 2 passport size photographs
  8. Medical Report from a Public Health Centre (Physical Examination including Eyesight and Blood Pressure)
  9. IELTS (UK VI) Score of 6 each band score not less than 5.5

Students have the option to choose one of the following structures:

  • 2 years in Bahrain & 1 year at Bangor (UK); or
  • 3 years in Bahrain
  • The needs of conventional financial institutions and how they are operating nowadays.
  • To learn about the skills and responsibilities of entry level banking/ finance/ Islamic Finance positions
  • To be able to learn concepts academically and prepare them for further studies (Professional Qualifications and Post-graduate Degrees).
  • The understanding of the jurisprudential and theoretical fundamentals of Islamic Banking and Finance within the Islamic Finance Diploma.
  • To provide an appreciation of the investment regulations relating to the banking industry and to Islamic banks in particular
  • To learn trading and portfolio building skills through the simulated training platform, "The BIBF Dealing Room".

Duration:

3 Years

Employability:

The recent "BIBF Graduate Destination Survey" shows that about 86% of our graduates successfully find a job or pursue postgraduate study within 6 months of graduation, reflecting the strong reputation that the programme has built over the years amongst employers and the quality of our graduates.

Fees:

  • New Fees starting 2024-2025 intake, onwards
  • A One-Off Registration Payment BHD 100/-
  • (Year 1 and 2) BHD 2,500 per Semester (Excluding Books and Lab Fees)
  • Year 3 in Bahrain BHD 3,000 per Semester (Excluding Books and Lab Fees)

SCHEDULE A MEETING WITH AN ADVISOR

The programme is designed to offer a qualification addressing the needs of financial institutions providing Islamic Banking services and products. The main subject groupings in the programme are: Islamic Commercial Jurisprudence, Islamic Economic Thought, Islamic Investment Banking, Islamic Insurance (Takaful), Risk Management for Islamic Financial Institutions and Shari'a Audit and Compliance. In these subject offerings, there is a natural progression from Year I to Year II. The Year I provides an essential introduction to the subject grouping and equips students with the preliminary practical and intellectual skills necessary for progression to Year II, which progressively builds on to what has been introduced earlier.

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