MBA (Islamic Finance)

Degree awarded by the University of Plymouth


February and October

Study options

1 year
full-time, weekdays



*This programme is not available for our February 2019 intake. All courses and modes are subject to minimum numbers to run.

Islamic finance, also known as participant banking, is booming — the total market is projected to grow to more than $1.6 trillion by 2020*. The rapid expansion means suitably qualified management professionals are in high demand. The MBA (Islamic Finance) at GSM London is designed to develop innovative, forward-thinking professionals invaluable to organisations operating within this fast-moving sector.

Why study our MBA (Islamic Finance) Degree?

Our multidisciplinary MBA (Islamic Finance) programme provides you with a good grounding in core organi-sational functions, set within the context of Islamic banking. This will equip you with the knowledge and skills required to perform a wide range of leadership roles — whether you’re an energy contractor brokering deals that satisfy shariah law or an in-house analyst for a participant banking institution. If you are interested in technologies and digital strategy you also have the opportunity to contribute to the digitalisation of the Islamic Finance sector which is lagging behind conventional banking in this area.

Real-world expertise
This MBA has been developed with input from industry professionals and experts, experienced academics and alumni, enabling our graduates to make an impact in the sector. Dr Samir Alamad, Head of Sharia Compliance & Product Development, Al Rayan Bank, is one of the external advisors to our MBA: “It was great to see an MBA programme which incorporates building skills and expertise in Islamic Finance, focusing on the impact of Sharia compliance on emergent areas within finance and banking and the impact on the financial services industry.”

Innovative programme delivery
The programme encourages you to draw on your managerial experiences and enhance your leadership approach in this industry. Distinctive modules on Risk Management and Islamic Capital Markets — subjects not always covered by Islamic Finance programmes – ensure continued relevance and open up career opportunities within these specific areas.

Awarded by University of Plymouth
Your MBA is awarded by University of Plymouth, ranked 2nd in Times Higher Education's Young University Rankings 2018 (THE's list of the UK's best universities aged under 50). An established educational institution with business enterprise at its heart, it is a fitting validating partner for your MBA.

Study in London, the financial capital of the world
Our London location in Greenwich places you in the heart of one of the largest and most diverse commercial capitals of the world. Studying in London will open up extensive opportunities to connect with senior stakeholders and business leaders across many global markets and industries.

How is the course structured?

The MBA programme can be broken down into the following stages:

Stage 1

  • Islamic Finance and Banking
  • Research Skills and Consultancy Planning
  • 21st Century Globalisation (Islamic Finance)

Stage 2

  • Human Factor
  • Islamic Capital Markets and Marketing
  • Islamic Risk Management

Stage 3
Electives Group 1, subject to demand (choose one):

  • Emerging Business and Technologies
  • Islamic Financial Law
  • Environmental, Social, and Governance Issues


Electives Group 2 (choose one):

  • Dissertation
  • Consultancy Project

See full MBA (Islamic Finance) programme specs

Note that the specification represents the latest programme structure and may be subject to change.

For more details on the coure module please review the course Module Specifications.

See full MBA (Islamic Finance) Module Specifications

Entry requirements

To start on Level 7, applicants require a recognised Bachelor Honours Degree with minimum 2:2 classification, (an equivalent qualification from a recognised UK or overseas institution may be accepted)

If you are not a UK passport holder, or a UK passport holder born outside of the UK and not born in a country that appears on the published list, you may need to complete an English language test, such as the in-house GSM London English Language Proficiency Test or International English Language Testing System (IELTS) test, to demonstrate you have the language skills needed to complete your postgraduate degree. All of our programmes are taught in English. Once you submit your application to GSM London the Admissions team will assess it. Should your application be successful and if an English Language Test is required it will appear as a condition of offer.

You will need an IELTS score of 6.5, 5.5 in all four components (listening, reading, speaking and writing) or equivalent qualification.

Applicants to postgraduate programmes who hold a first degree (bachelor's degree) studied and awarded in the UK, or in a country that UKVI recognise as a majority English speaking country will be accepted in lieu of IELTS etc. but only if the degree was awarded 2 years ago or less.

Further details on English Language requirements are provided here.

To commence this programme, the applicant will need to have a recognised Bachelor Honours Degree with minimum classification 2:2, (an equivalent qualification from a recognised UK or overseas institution may be accepted).

In addition to the above all applicants must have a minimum of three years’ work experience. Applicants will be required to provide supporting evidence in the form of a satisfactory work reference which covers the period in question.

Non-standard entry:
Applicants who lack the normal programme entry requirements are positively encouraged to apply. In such cases, the Admissions Team must be satisfied that the applicant has the necessary potential, knowledge or experience and motivation to follow the programme successfully.

Applicants will be interviewed to identify their aptitude for study at postgraduate level through relevant life or career experience, and other factors relating to professional qualifications. Applicants will be required to provide supporting evidence of such achievements.

Accreditation of prior learning:
Partial exemptions from a postgraduate programme may be obtained in accordance with the Academic Regulations dependent on the compatibility of previous study. Each case is considered on its own merit and will be subject to approval by University of Plymouth.

Further information can be found in the Recognition of Prior Learnings Regulations within the Consolidated Policies and Regulations Document.

We will not normally consider APCL's older than 5 years unless the applicant has a recent experiential learning that is directly related to the APCL/APEL.


Tuition fees


£9,000 per year


£11,700 per year

Discounts offered for alumni. Please contact us for details.

How to apply

Applications to GSM London for a postgraduate programme can be made direct to us using the application form here or made through the Universities and Colleges Admissions Service (UCAS) here.  All available programmes from GSM London are listed on the UCAS website.  There is no cost to you for applying directly to GSM London or through UCAS for a postgraduate programme.

Please note the application deadlines if applying through UCAS which can be found here along with further guidance.

If at any point you require any information, advice or guidance please do get in contact with our Course Advisory team by clicking here.

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