Introduction/Description

The Associate Degree Program in Islamic Banking has been designed for candidates having 12-years education who want to be resourceful in the principles, concepts and practices of Islamic banking; who want to be conversant with essential aspects of the operations of Islamic banking which is the fast growing parallel banking system in Pakistan and worldwide; and obtain a well-integrated knowledge of Islamic banking and Islamic finance which is essential for the entry level job in Islamic banking.

Program Objectives

• To produce personnel who are resourceful in the principles, concepts and practices of Islamic banking and finance.
• To enable the students to be conversant with essential aspects of the operations of Islamic banking which is the fast growing parallel banking system in Pakistan and worldwide.
• To provide a well-integrated knowledge of Islamic banking and Islamic finance that is essential for the entry level job in Islamic banking.
• Skill development and capacity building in the field of Islamic banking

Admission Eligibility Criteria

Intermediate (equivalent to 12 years of education) with at least 45% marks.

Note

• Candidates having 'A' levels are required to provide equivalence certificate from Inter Board Committee of Chairman (IBCC), Islamabad. (http://www.ibcc.edu.pk/)
• Candidates having 33% ~44% marks will be eligible for admission after the successful completion of “Zero  Semester”.

Course Exemption

Course(s) exemption is allowed.

Duration

It is two-year full time study program spread over four semesters. Each semester has at least 18 weeks duration for teaching and examinations etc. However, students can extend the duration in order to manage their work and study balance.
Degree Completion Duration

Courses of Study

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Assessment of Study Progress

The students study progress evaluation mechanism is based on continuous assessment throughout the semester by giving assignments, quizzes, Graded Discussion Boards (GDBs), mid-term and final-term examinations at VU designated campuses and usually count for 80 to 85% of the total marks for a course.

Project/Internship

Students are required to complete a Project/ Internship Report in the final semester of their BS in Management program. The choice of the final project is at the student’s discretion. However, consultation with the student advisor is compulsory. Students have to submit a detailed write-up of the Project and may be required to give a presentation.
Student taking Internship course are required to complete 6 to 8 weeks internship in the organization and shall get internship letter from the concerned organization. The students who are already in service shall be exempted from Internship but required to submit the Project.

Award of Degree

To be eligible for the award of Associate Degree in Islamic Banking candidates are required to complete at least 68 credit hours course work program by attending minimum 4-semesters with at least Cumulative Grade Point Average of 2 out of 4.

Fee Structure

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Disclaimer

• The courses may be revised time to time as a result of continuous review to bring them at par with courses from being taught at top-class foreign universities. While reviewing the courses, needs of local industry and job market are also given full consideration.
• The University reserves the right to change fee structure from time to time.