Master of Science in Finance

The Master of Science in Finance is designed in order to equip students with a solid understanding of financial theory and research methodology and to prepare graduates for successful careers in analysis and consultancy in the private and the public sectors. Additionally, the program provides an excellent preparation for students planning to pursue Doctoral studies by enhancing their research and analytical skills.

In alignment with Effat University's mission, the introduction of the MSF program aims at providing students with a world-class education in the field of finance. The program was designed in order to graduate future leaders and managers who would contribute effectively to the growth of this sector through practice and research.

The Master of Science in Finance (MSF) program at Effat University focuses on the managerial aspects of General and Islamic finance. Students are encouraged to apply technical and analytical skills to a variety of problems related to General and Islamic finance and to propose relevant solutions. By offering this program in Saudi Arabia, we hope to meet the growing demand for highly qualified financial experts both the General and Islamic finance fields. In recognition of the growth of Islamic finance in GCC countries, particularly Saudi Arabia, the Islamic finance concentration is available. While the core courses are similar across both tracks, these courses entail the components for financial issues pertaining to both General and Islamic finance domain. Besides the core course, students must choose elective courses in Islamic finance to complete the concentration requirement. The Islamic finance concentration is unique to the region and offered only by Effat University in Saudi Arabia. On the other hand, students interested in the General finance track will gain relevant financial, managerial, and leadership skills, preparing them for managerial and strategic roles in their respective concentration.

1. The applicant must between the ages of 17 and 25 for bachelor’s degree, Diploma in Arabic Studies, or any other equivalent qualification. For a master’s degree their age should not exceed 30 and for a PhD they should not be older than 35.
2. Consent to study in the Kingdom must be given by the government of the applicant from those countries that stipulate the same for Saudi students.
3. The applicant should not have previously attained a scholarship to study in any educational institute in the Kingdom.
4. All certificates and identification papers must be attested by the authorities specified by the educational institute.
5. The applicant should not have been previously expelled from any educational institute in the Kingdom.
6. The applicant must pass a medical exam stipulated by Saudi law and the Ministry of Education.

A Service that provides a unified portal for submitting and processing scholarship applications offered by the ministry of education and its institutions to study in Saudi Saudi public university education institutions, with the aim of making the application process for scholarships for advanced students easier and more flexible.

• If you do not have an account in Study In Saudi portal, click on the New User icon Choose the type of ID required and complete the information
• Complete the required registration information
• Choose how to send the verification code
• Enter the verification code sent to the email
• A verification code will be sent to your registered email, After entering the verification code, you will receive an email to activate the user and set the password. Click on the set password link
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• After logging in, click on the Apply for Study Now icon to submit the application
• After clicking on the new application icon, you must agree to the terms and conditions for the scholarship application, select the scholarship type, then click on Save and Continue

Note: The internal scholarship is for international students residing in Saudi Arabia, and the external scholarship is for international students residing outside of Saudi Arabia.

• In the second step, you must enter the basic data for the application, then click Save and Continue
• In the third step, you must enter the qualification details, then click on Save and Continue
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