Accounting And Islamic Finance BSc Hons

Accounting And Islamic Finance BSc Hons

Looking for a career in a rapidly growing sector? The BSc (Hons) Accounting and Islamic Finance degree, the first of its kind in the UK, will see you graduate with the skills the finance industry requires.

The Islamic Finance industry is a fast-growing industry that has developed rapidly within a few years from a niche industry to a global force to be reckoned with in the international arena. Based on a number of moral and legal principles of Islam, the Islamic finance sector grows at 15%-25% per year, while Islamic financial institutions oversee over $2 trillion.

Islamic finance has emerged as an effective tool for financing development worldwide, including in non-Muslim countries. As a result of this rapid growth, individuals and financial organisations find themselves with limited knowledge of its unique and profound nature, leading to a significant skills shortage, which potentially offers graduates a range of global opportunities.

Our Accounting and Islamic Finance course will introduce and develop your knowledge in the various specialised areas, as well as giving you a solid foundation in traditional accounting, giving you the skills need to move into a wide variety of careers after graduation.

Through a variety of modules, including Islamic Economics, Principles of Islamic Finance, Islamic Finance for Non-Profit Organisations, and Islamic Banking and Capital Markets, you’ll learn about the ethos, principles and practices of Islamic Finance, which are not only ethical, sustainable and motivated to achieve socio-economic justice, but also link with the UN’s Sustainable Development Goals.

There will be opportunities to gain work experience in countries where Islamic Financial Services are being set up, or where they are established but in need of qualified staff. This will provide you with opportunities to gain industry experience, giving you the edge when it comes to competing in the graduate jobs market.

In the first year you will complete the suite of modules that all students on our Accounting courses study to lay the foundations of your knowledge. This will give you an understanding of the fundamentals of the accounting and business world. The Islamic Finance context will be introduced in the first year through events led by industry professionals that will enable you to build up an authentic and insightful picture of this dynamic field of practice.

In your second and third year you will then study more specific modules in the Islamic Finance field such as, Islamic Accounting, Islamic Economics and Islamic Fair Trade alongside advanced Accounting modules.

With our practice-based approach to teaching, you will learn from professionally qualified academics with a wealth of industry experience, and research active academics whose research underpins and informs our approach to teaching.

You will be actively supported and encouraged to undertake an additional professional placement year, providing the opportunity to improve your employability skills. Our students have worked for industry leading accountancy practices including PwC and EY, as well as for organisations such as the NHS, IBM and Vodafone.

The international focus of the course is within its very nature and is also derived through a variety of means including the study of international accounting standards, our diverse student body, the teaching team and the use of international teaching materials.

Moreover, students can choose to spend a full semester studying their modules overseas at a partner institution, as this course also offers the opportunity to study abroad at one of our international partner institutions.

Entry Requirements

  • GCSE English language and mathematics at grade C/4 or above
  • A maximum of 3 subjects are considered. These can be other A-levels or level 3 equivalents.
  • IELTS 6.0 overall with 5.5 minimum in all bands

Career Prospects

Industry Insight
The current Islamic Finance course offered by BCU is very timely for understanding the value proposition of Islamic Finance.
The key principles of Islamic Finance offer an equitable, fair and just economic system to address the many challenges facing our societies today.
The students of BCU will indeed benefit from the collaborative links between Assadaqaat Community Finance (ACF) and BCU through internships and career development opportunities in Islamic Finance sector.
The students of this course at BCU will also have the opportunity to support our local communities by delivering economic and social measurable impacts that are hallmark of our ACF financial model."
OpportUNIty: Student Jobs on Campus ensures that our students are given a first opportunity to fill many part-time temporary positions within the University. This allows you to work while you study with us, fitting the job around your course commitments. By taking part in the scheme, you will gain valuable experiences and employability skills, enhancing your prospects in the job market.
It will also allow you to become more involved in University life by delivering, leading and supporting many aspects of the learning experience, from administration to research and mentoring roles.

Course Details

Year 1

Governance, Ethics and Law20 credits
Professional Skills in Accounting20 credits
Economics and Finance20 credits
Introduction to Financial Accounting20 credits
Introduction to Management Accounting20 credits
Data Intelligence20 credits

Year 2

Financial Reporting20 credits
Management Accounting20 credits
Principles of Islamic Finance20 credits
International Accounting and Finance Issues20 credits
Islamic Economics20 credits
Accounting for Islamic Financial Institutions20 credits

Final Year

Strategic Management Accounting20 credits
Islamic Finance for Non- profit organisations20 credits
Accounting for the Planet20 credits
Islamic Banking and Capital Markets20 credits

Optional modules.
Advanced Financial Reporting20 credits
Islamic Fair Trade20 credits
Fintech20 credits
Empowering Future Leaders20 credits
Business Research Methodology and Practice + Community Advice Project40 credits
Business Research Methodology and Practice + Business Research Project40 credits

*The information’s are correct at the time of publishing, however it may change if university makes any changes after we have published the information. While we try our best to provide correct information, It is advisable to call us or visit university website for up to date information.

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