News from Cass Business School

New electives begin for Cass Dubai EMBA students

Wednesday, 25 March, 2009

Six new MBA electives have been launched for students on the Cass Dubai Executive MBA programme.  These new classes are specifically for those students who have chosen to take specialisms in either Islamic Finance or Energy as part of their course.

The classes are Islamic Banking and Finance; Islamic Economics; Islamic Law of Business Transactions; Energy Derivatives, Pricing and Risk Management; Oil and Energy Trading and Economics; and Oil and Energy Transportation and Logistics.

Stefan Szymanski, Associate Dean of MBA Programmes, said: We are really pleased to be able to offer these new electives to our Dubai MBA students.  The subjects reflect the interests of our students from Dubai and the specialist careers that many of them hope to move into after they finish their MBA.

Summaries of the content of new MBA electives:

Islamic Banking and FinanceThe module explores Islamic banking and finance, focusing on Islamic financial institution, their governance and the challenges they face.  The structure of Islamic products is considered, through the use of practical examples and analysis of recent trends.

The educational aim is to explain the practice of Islamic banking and finance.  The module will provide an overview of Islamic financial institutions and the structuring of Islamic products.  It will introduce the main controversies in the development of Islamic Finance and examine future trends.

Islamic EconomicsThe module explores faith and ethical perspectives on economic organisation and behaviour. Utilising this context it then explores in detail the Islamic perspectives on these issues. The module defines an Islamic economy, identifies its major players and explains how they behave and interact. It also attempts to explain and analyse contemporary Islamic economic behaviour at individual, organisational and the market level.

The educational aims are to introduce students to the notion of Islamic economy and different sectors within it, with special focus on financial institutions and markets, and interaction between them; provide students with a basic understanding of the Islamic doctrine in relation to the matters related with economic behaviour and organisation, and the opportunity to analyse Islamic economic behaviour (in relation to individuals, organisations and markets) in contemporary Muslim societies.

Islamic Law of Business TransactionsTo understand Islamic contracts their application, acceptability from a legal and regulatory perspective, the potential in current and future financial transactions and the role of Shari’a in law.

The educational aims are to introduce students to the notion of Islamic economy and different sectors within it, with special focus on financial institutions and markets, and interaction between them; provide students with a basic understanding of the Islamic doctrine in relation to the matters related with economic behaviour and organisation, and the opportunity to analyse Islamic economic behaviour (in relation to individuals, organisations and markets) in contemporary Muslim societies.

Energy Derivatives, Pricing and Risk ManagementThe module combines theoretical and practical aspects of trading energy, power and weather derivatives to prepare students for a variety of roles involving energy price risk management in different financial and energy and power trading companies.

The aim of the module is to introduce students to pricing and trading energy and weather derivatives, and to equip them with tools necessary to think skilfully and independently on matters relating to the subject area.

Oil and Energy Trading and EconomicsThis elective module provides the opportunity to focus on issues of particular importance to the specialist field of international energy markets and trading in energy commodities.

The aim of the module is to equip students with tools necessary to think skilfully and maturely, but also independently on matters relating to the oil and energy markets and industry. Also, the module aims to familiarise students with the practice of trading petroleum, petroleum products, natural gas and other energy commodities, as well as trade negotiation, documentation, opportunities, risks, and other issues in international market for energy.

Oil and Energy Transportation and LogisticsThis module focuses on the operational environment of the tanker shipping sector. Subsequently, the module discusses extensively the microeconomic structure of the four main markets (freight, second-hand, shipbuilding and demolition) in tanker shipping, together with the operational characteristics, international regulations and policies that affect this highly competitive, volatile, but nevertheless exciting industry. The module then continues with an introduction to the theory and practice of tanker chartering.

The aim of the module is to equip students with tools necessary to think skilfully and maturely, but also independently on matters relating to the shipping and tanker industry. Also, the module aims to familiarise students with the practice of tanker chartering and documentation.

Permanent link to this story: https://www.cass.city.ac.uk/news-and-events/news/2009/march2/new-electives-begin-for-cass-dubai-emba-students
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