MBA Banking and Finance

Compulsory Modules Module 1: Fundamentals of Finance (Islamic and Conventional) This module provides an introduction to the elementary and principles of finance, from Islamic and conventional perspective. It equips the students with comprehensive understanding of the fundamentals that govern the financial systems in both worlds. Topic includes: • Essential elements of conventional and Islamic finance • Differences and similarities in the Islamic and conventional financial system • Contemporary finance transactions that deals with the Shariah principles as well as the conventional. • Application of Shariah Principles in the Global Capital Market Module 2: Quantitative Methods for Finance The module focused uniquely on financial applications, with the main concepts illustrated by numerous examples and Excel spreadsheets. The very high practical content will make it accessible to all students, even for those with little previous training in mathematics. Topic includes: • Foundations • Descriptive statistics • Hypothesis testing • Calculus • Algebra and solving equation • Probability theory in finance • Regression • Numerical methods Module 3: Capital and Stock Market This module deals with the global and Islamic capital and stock market. It aims to equip the student with the structure and operation of these markets. It introduces the key financial concepts such as liquidity, funding issues and arbitrage. Topic includes: • The function of capital and stock market • Liquidity - traditional and modern • Securitization • Sukuk and Bond • Legal and tax in different jurisdiction • Derivatives, hedges, futures • Arbitrage • Leverage • Global and Islamic funds structures and principles Elective Modules Module 4: Conventional Banking and Finance vs Islamic Banking and Finance The module allows the students to developed deeper understanding to components and differences between the Islamic and conventional banking and financial institutions. It introduces the students to variant products offered by most of Islamic banking and financial institutions. It briefly deals with the financial engineering and design of modern Islamic financial products. Topic includes: Fundamentals and key features in Islamic banking and finance An overview of conventional banking system Key differences between Islamic and conventional banking and financial institutions Main characteristics of various types of Islamic banking products and its operations Islamic banking service for capital market products Islamic banking and financial engineering Module A: Financial Analysis and Engineering This module provides a comprehensive study of "top-down" fundamental analysis and its application to the valuation of financial securities. The modules will also present an applied, innovative approach to financial engineering from a practical point of view. Analysis of cutting edge issues emerging from capital markets and major mechanisms as applied in the contemporary capital market. Topic includes: • Introduction to the framework of financial analysis • Fiscal and monetary policy • Competitive markets and consumer demands • Industry analysis and regulations • Synthetic • Forward Future Contracts, Money Market • Credit Risk; Arbitrage, Spread • Commodities, Forward and Future Purchase Module B: Merger and Acquisition The objective of the module is to introduce the students to the technical and practical aspects of merger and acquisition deals. The course will explore several key and legal issues related therein. Topic includes • Basic concept of merger and acquisition • Reasons for merger and acquisition • Valuation concept, standard and process • Regulatory environment • Due diligence • Protection and safeguards in takeovers Module C: Investment Banking and Financial Institutions Module D: Trading and Asset Management Module E: Risk Management The module entails students a comprehensive understanding of the challenges and techniques of management and risk control in financial institutions. Analyze the best practice techniques and measures taken to manage these risks. Topic includes: • What is risk? • Building a risk management organization • Risk control • Measuring and assessing market risks • Monitoring and reducing risks • Liquidity risk • Counterparty risk Module F: Derivatives Securities: Pricing, Hedging and Trading The module aims to give students practical working knowledge of the pricing, hedging and trading of derivatives securities. The emphasis of the module is on practical application and it is expected that by the end of the module, students will understand and be able to analyze the time/risk dynamics of derivatives in a trading environment. Topic includes: • Review of Option Basics • Option Pricing • Option Price Sensitivities: Risks and Trading Applications • Volatility • Volatility Smiles • Trading Strategies • Currency Options Entry Requirements Welcome applications from good graduates in relevant disciplines and from those with equivalent professional qualifications and work experience. Alternatively, possession of a suitable professional qualification and practical experience may also be accepted. If English is not your native language, then satisfactory evidence of written and spoken English must be provided, for example, IELTS 6.0 or TOEFL 560.