Jointly delivered by HBMSU & Universitat Oberta de Catalunya, the Executive MBA in Islamic Banking and Finance delivers unique insights into the Islamic Banking industry, offering an opportunity to study the structure of the industry, including its products, performance, financial instruments, and risk management issues.

This joint-degree provides learners with a solid foundation in the specialized area of Islamic Banking and Finance, equipping them with the necessary core knowledge of functional business areas and their practical applications.

The program offers rigorous training in specialized areas of Islamic finance, banking, economics, law, and their relevant conventional counterparts. In addition to this, an in-depth understanding of general management knowledge is provided covering several areas including strategic management, leadership, international business, and marketing.

Unique to the region, the Executive MBA in Islamic Banking and Finance integrates the global learning experience of HBMSU (Dubai) and UOC (Barcelona).

Accreditation: The Executive MBA in Islamic Banking and Finance is accredited by the UAE Ministry of Education’s Commission for Academic Accreditation

Admission Requirements: The applicant must hold a bachelor's degree from an accredited Higher Education Institution with a minimum AGPA of 3.00 on a 4.00 Scale or its equivalent. Applicants from non-management backgrounds will need to first enroll and complete the non-credit foundation course Management Appreciation Program (MAP).  For full admission requirements and transfer from other institutions, please see Postgraduate Admission Requirements.

Program Delivery: This program will be offered jointly by HBMSU and UOC exploiting the expertise of both universities. The program adopts a blended teaching and learning approach in the delivery of its courses. While the two institutions are physically located in Dubai and Barcelona, respectively, learners will engage with course learning activities from wherever they are located in the world. The blend combines the benefits of synchronous online collaboration and self-paced learning, giving learners the opportunity to participate through an online platform in live interactions (voice and chat) with their instructors and fellow learners.

Target audience
The Executive MBA in Islamic Banking and Finance is best suited for people interested in pursuing a career in organizations such as: Islamic financial institutions, Conventional financial institutions which offer Shari’ah compliant products and services, Ministries of Finance, International and national Regulatory Agencies, Central Banks and Consultancy firms
Program Goals
Acquire the necessary core knowledge of functional business areas and their practical applications.
Understand the strategic nature of innovation and technology and to develop the ability to use them as effective management tools.
Develop an advanced understanding of Islamic Banking and Finance from both practical and conceptual points of view.
Develop strategic thinking and integrate it in Islamic Banking and finance.
Improve the ability to operate effectively in a diverse and global business environment.
Develop the skills and responsibilities needed to undertake independent research in the field of Islamic Banking and Finance.
Gain practical knowledge of the practice of Islamic Banking and Finance.
Program Outcomes
Analyze the structure, functions, processes and management of Islamic Financial Institutions.
Develop an in-depth knowledge of the underlying principles of Islamic banking and finance.
Develop practical skills of ethics and corporate social responsibility.
Analyze, evaluate and interpret quantitative and qualitative data related to companies operating in the Islamic Banking and Finance sector.
Apply professional judgment to draw appropriate conclusions and make recommendations to solve business problems.
Appreciate the rationale behind the growth and development of modern Islamic finance.
Apply advanced management techniques to companies operating in a diverse and global business environment.
Develop leadership, teamwork and supervision skills.

Career Opportunities

Career opportunities for Master graduates include

  • Business & Product Development Manager
  • Islamic Banking Advisor
  • Islamic Banking Finance Manager
  • Banking Relationship Manager
  • Corporate Islamic Banking
  • Manager - Islamic Finance
  • Senior Relationship Officer – Private Banking
  • Risk and Compliance Manager