About the Programme
The program aims at providing students with a high level of technical ability and knowledge specific to Islamic Banking and finance while equipping students with a range of skills necessary to succeed in today’s banking environment. Core to this degree is the development of students’ understanding of the technical language and practices of accounting with focus on information technology and its application in business.
The degree programme also sharpens communication and analytical skills enabling students to explore and evaluate contemporary accounting theory, analyse empirical evidence concerning financial management, risks, and the operation of global capital markets and demonstrate a sound understanding of the broader business environment.
Students will also be able to demonstrate significant skills in preparing financial statements, performing analysis and delivering financial projections while making use of appropriate IT business applications to support financial analysis techniques and enhance reporting.
The technical skills delivered in this degree are much sought after by industry and commerce, and the transferable skills are a valuable asset in almost any business environment
Admission Requirements
- A candidate must have a Uganda Advanced Certificate of Education (UACE) with alteast Two (2) principal passes, one of which must be in Economics or Entrepreneurship.
- Five passes at Ordinary Level obtained at the same sitting and atleast a credit in mathematics and English language at ordinary level or its equivalent.
A Diploma from a recognized institution of higher learning with a credit in a
relevant field or its equivalent.
Awarded to a person aged 25 years and above, and has passed with atleast 50 percent marks. Mature age entry certificates shall be valued for not more than two years.
Programme Objectives
> To produce scholars who have the knowledge in Islamic Banking and Finance of national and international standard.
> To produce graduates who have theory and practice of Islamic Banking and Finance.
> To meet the demand gap for experts in Islamic Banking and Finance industry in Uganda and worldwide.
Programme Structure
The Duration of this programme is three academic years distributed into six semesters and each semester comprises of 17 weeks. The last two weeks of semester are reserved for examinations.
Internship will be carried out at the end of the last academic year and will take two months.
| No | Course Units | |
|---|---|---|
| BBA 1101 | Fundamentals of Accounting | |
| BBA 1102 | Micro Economics | |
| BBA 1103 | Introduction to Business Management | |
| BBA 1104 | Business Communication Skills | |
| BBA 1105 | Introduction to Business Mathematics | |
| ICU 1101 | Islamic Ethics and Thought |
| No | Course Units | |
|---|---|---|
| BBA 1201 | Principles of Entrepreneurship | |
| BBA 1202 | Business Statistics | |
| ECO 1203 | Macro Economics | |
| LLB 1201 | Business Law | |
| FST 1201 | Fundamentals of Computer | |
| BHR 1203 | Organization Behavior |
| No | Course Units | |
|---|---|---|
| BIBF 2101 | Principles of Islamic Economics | |
| BIBF 2102 | Islamic Financial System | |
| BIBF 2103 | Money and Banking Practice | |
| BIBF 2104 | E-Business | |
| BIBF 2105 | Zakat and Waqf Management | |
| BIBF 2106 | Introductory Arabic |
| No | Course Units | |
|---|---|---|
| BIBF 2201 | Economics in the Quran and Sunnah | |
| BIBF 2202 | Islamic Business Law | |
| BIBF 2203 | Islamic Credit Management and Evaluation | |
| BIBF 2204 | Regulatory framework for Islamic Financial Institutions | |
| BIBF 2205 | Research Methods | |
| BIBF 2206 | Customer care and Public Relations | |
| BBA 225 | Internship |
| No | Course Units | |
|---|---|---|
| BIBF 3101 | Islamic Jurisprudence for Islamic Banking and Finance | |
| BIBF 3102 | Islamic Finance Products and Management | |
| BIBF 3103 | Maqasid Al- Shariah (Objectives of Shariah) | |
| BIBF 3104 | Principles and Practice of Takaful and Retakaful | |
| BIBF 3105 | Qawaid Al-Fiqhiyyah | |
| BBA 3105 | Strategic Management |
| No | Course Units | |
|---|---|---|
| BIBF 3201 | Islamic Financial Management | |
| BIBF 3202 | Auditing for Islamic Financial Institutions | |
| BIBF 3203 | Takaful Underwriting and Credit Management | |
| BIBF 3204 | Islamic Capital Markets | |
| BIBF 3205 | Accounting for Islamic Financial Institutions | |
| BBA 3206 | Research Report |
Career Opportunities
A Bachelor’s degree in Islamic Banking and Finance opens up various career opportunities, especially in regions where Islamic finance is well-established. Here are some key career opportunities for graduates in Islamic Banking and Finance:
> Islamic Banking Sector: e.g. Relationship Manager, Branch Manager, Investment Analyst, Product Development Manager etc.
> Islamic Finance Consulting: Consultants in Islamic finance provide advisory services to banks, corporations, or governments about compliance with Islamic principles.
> Islamic Insurance (Takaful): Takaful is a form of Islamic insurance where risk is shared among policyholders, instead of being transferred to an insurer.
> Academia and Research: Graduates can pursue advanced studies and research in Islamic finance or teach at universities and colleges.
> Regulatory Authorities and Government Institutions. Graduates may work with these bodies in roles such as: Regulatory Analyst, Policy Advisor, Financial Examiner
> Fintech and Digital Banking: The rise of digital banking and financial technology (Fintech) offers new career opportunities in Islamic Fintech Developer, Blockchain and Crypto Advisor, Product Manager for Digital Islamic Finance.