Islamic finance has experienced impressive growth over the past three decades. It has become a major source of wealth creation and a vehicle for investment in major financial centres around the world, offering viable and innovative models for investment and finance; a serious alternative to conventional financial systems which are under significant strain due to the recent financial crisis.

The Islamic banking and finance industry is expanding at an unprecedented rate, and employers value candidates with solid Islamic banking skills, paired with extensive business knowledge. 

To help prepare the students, Universitat Oberta de Catalunya (UOC) is offering this unique programme in Executive MBA in Islamic Banking and Finance that combines a focus on Islamic banking with the dynamic market conditions and factors that will enable them to graduate with the skills required by future employers.

The Executive MBA in Islamic Banking (MIBF) degree will help students prepare for the business world with confidence, as well as provide an in-depth education in Islamic banking so they may excel in a field they feel passionate about.

This programme enables participants to gain in-depth knowledge of the workings of global markets and competitors and to make the most of the strategic potential of multi-cultural teams. It also enables participants to discover the strategic elements related to start-ups as well as the entrepreneurial spirit to work within, or outside of, a company. In addition, this unique approach encourages the use of open innovation resources to service new business projects.


The mission of the Executive MBA in Islamic Finance programme is to contribute to the human development in Islamic banking and finance through the provision of quality education and research, as well as promotion of best practices in this area.

The Executive MBA in Islamic Banking and Finance Degree is unique among Master Degrees offered in this area. At the heart of this uniqueness is the integration of the experience of UOC and HBMSU into the programme. This, in addition to the mode of delivery, which will enable far greater access to Islamic finance education to those who have not been able to access higher education in Islamic banking and finance for myriad reasons.

Programme Structure

Courses included:

  • Global Business Environment
  • People Management
  • Ethics and Social Responsibility
  • Operations Management and Logistics
  • Financial Management
  • Marketing Management
  • Information Systems Management
  • Innovation Management

Detailed Programme Facts

English Language Requirements

  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

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  • Minimum required score:


    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

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  • Minimum required score:


    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

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General Requirements

  • have studied official university studies in Spain.
  • have studied official university studies in a country of the European Union.
  • have studied official university studies in Latin America or other countries outside the European Union.
  • have 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.

Tuition Fee

  • International

    8735 EUR/year
    Tuition Fee
    Based on the original amount of 8735 EUR per year and a duration of .
  • EU/EEA

    8735 EUR/year
    Tuition Fee
    Based on the original amount of 8735 EUR per year and a duration of .
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • You can pay for your master's degree, postgraduate or specialization course in instalments

Living costs for Barcelona

  • 770 - 1360 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Check the programme website for information about funding options.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.


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