Master of Islamic Banking and Finance
Course code/s: LMIBF Melbourne
La Trobe University’s Master of Islamic Banking and Finance (LMIBF) is the first course in Australia dedicated to Islamic banking and finance. This cutting-edge coursework masters program is built around a defined body of knowledge of proven relevance to the Islamic finance industry.
The program will provide postgraduate students with training in the technical skills in demand by global Islamic capital markets and institutions. Students will develop expertise in Islamic banking, Islamic insurance and Islamic capital markets.
This innovative program seeks to meet the growing demand for graduates with sound academic and industry knowledge in Islamic finance in the Middle East and South East Asia, and in particular, the Gulf Cooperation Countries (GCC), Indonesia and Malaysia. Graduates will also be prepared to enter the growing Islamic finance sector in Australia.
Admission requirements
An Australian Bachelor degree or a degree determined to be equivalent by La Trobe University with a ‘C’ grade average or above in the final year of study towards your Bachelor degree.
Degree requirements
The course is designed as a two-part Masters programme comprising twelve 15-credit-point subjects completed in two or three semesters of full-time study. The two parts comprise a combination of two or three modules of study, depending on the point at which you enter the program and your relevant qualifications and experience.
Foundation Module
Required module for students with a three year Bachelor degree other than in finance, economics, or accounting.
| Subject title | Subject code |
|---|---|
| Accounting for Managers | ACC5AFM |
| Principles of Economics | ECO5POE |
| Principles of Finance | FIN5POF |
| Statistics for Business and Finance | ECO5SBF |
Core module
Required module for all students.
| Subject title | Subject code |
|---|---|
| Islamic Capital Markets | FIN5CAP |
| Islamic Commercial Law | LST5CLI |
| Islamic Insurance | FIN5INS |
| Islamic Banking | FIN5BNK |
| Four subjects from Master of Financial Analysis (LMFA) |
Elective module
May be required for students who are exempted from the Foundation Module.
| Subject title | Subject code |
|---|---|
| Four elective subjects chosen from a defined pool of subjects drawn from the Master programs offered within the Faculty of Law and Management. |