Emirates Institute for Banking and Financial Studies: Rankings, Courses, Admission, Fees, Scholarships and Placements

Study Abroad Team 27/06/2024

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Emirates Institute for Banking and Financial Studies Highlights

The Emirates Institute for Banking and Financial Studies (EIBFS) is a premier educational institution established in 1983. Renowned for its comprehensive programs in banking and finance, EIBFS has consistently ranked high in regional educational standings. The institute offers state-of-the-art infrastructure designed to foster a productive learning environment, supported by experienced faculty who are experts in their respective fields. EIBFS is well-funded and accredited by various educational and financial authorities, ensuring that the quality of education provided meets international standards.

  • Year of Establishment: 1983
  • QS Ranking: N/A
  • Other Rankings:
    • Top 5 in UAE for Banking and Finance Education
    • Ranked among the top 10 institutes in the Gulf region
    • Recognized for Excellence in Financial Studies
    • Accredited by the Ministry of Education, UAE
    • ISO 9001:2008 Certified
  • Infrastructure: Modern classrooms, well-equipped labs, and a comprehensive library
  • Teaching Faculty: Highly experienced professionals and industry experts
  • Funding: Supported by leading financial institutions in the UAE
  • Accreditation: Accredited by the Ministry of Education, UAE and other relevant bodies

Emirates Institute for Banking and Financial Studies Admission

Admission to the Emirates Institute for Banking and Financial Studies is highly competitive, attracting students from various parts of the world. The institute offers a range of undergraduate, postgraduate, and Ph.D. programs in banking and financial studies, with a significant percentage of international students. Admissions occur in multiple intakes throughout the academic year, and the institute boasts modern infrastructure that includes well-equipped classrooms, libraries, and laboratories.

UG Admissions

  • Completion of secondary education with a minimum GPA of 3.0.
  • Proficiency in English demonstrated by IELTS or TOEFL scores.
  • Submission of a completed application form along with required documents.
  • Successful completion of an entrance examination.
  • Interview with the admission panel.

PG Admissions

  • Undergraduate degree in a related field with a minimum GPA of 3.0.
  • Proficiency in English demonstrated by IELTS or TOEFL scores.
  • Submission of a completed application form along with required documents.
  • Professional experience preferred but not mandatory.
  • Interview with the admission panel.

Ph.D. Admissions

  • Master’s degree in a related field with a minimum GPA of 3.5.
  • Proficiency in English demonstrated by IELTS or TOEFL scores.
  • Submission of a research proposal along with the application form.
  • Professional and academic references.
  • Interview with the admission panel.

Eligibility Criteria

  • UG Programs: Completion of secondary education with required GPA, English proficiency, and entrance exam.
  • PG Programs: Undergraduate degree, English proficiency, professional experience preferred, and entrance exam.

To know more about other universities in the Dubai, click here.

Emirates Institute for Banking and Financial Studies Programs

The Emirates Institute for Banking and Financial Studies offers a wide range of programs designed to equip students with the skills and knowledge required for a successful career in the banking and financial sectors. The programs are tailored to meet industry standards and include both theoretical and practical components.

UG Programs

  • Bachelor of Science in Banking and Finance: Comprehensive program covering all aspects of banking and finance.
  • Bachelor of Science in Financial Services: Focuses on the financial services industry including investment, insurance, and real estate.

PG Programs

  • Master of Science in Banking and Finance: Advanced program for professionals looking to deepen their knowledge in banking and finance.
  • Executive MBA in Financial Management: Designed for working professionals seeking to enhance their managerial skills in finance.

Accommodation

The Emirates Institute for Banking and Financial Studies provides various accommodation options to cater to the needs of its students.

On-campus Accommodation

The institute offers comfortable on-campus accommodation with modern amenities, including Wi-Fi, study areas, and recreational facilities. This allows students to live in a conducive environment for learning.

Off-campus Accommodation

Students also have the option to stay in off-campus housing, which is available in nearby areas. These accommodations range from shared apartments to private housing, providing flexibility based on student preferences and budgets.

Housing Options

  • Shared apartments, private housing, and dormitories.

Cost of Tuition Fees

The tuition fees at the Emirates Institute for Banking and Financial Studies are competitive, offering value for the comprehensive education provided. The fees vary based on the program of study.

Program Approximate Fees (per year)
Undergraduate AED 30,000
Postgraduate AED 40,000

Cost of Living

Expense Approximate Cost (per month)
Rent, Travel & Utilities AED 3,000
Food & Drink, Entertainment AED 1,500

Scholarships

The Emirates Institute for Banking and Financial Studies offers a variety of scholarships to support deserving students. These scholarships are awarded based on academic merit and financial need.

Scholarship Name Maximum Amount Offered (AED)
Merit-Based Scholarship 20,000
Need-Based Scholarship 15,000
Excellence in Banking Scholarship 25,000
International Student Scholarship 18,000
Research Scholarship 22,000
Female Leadership Scholarship 17,000
Professional Development Scholarship 19,000
Community Service Scholarship 16,000
Sporting Excellence Scholarship 14,000
Innovation in Finance Scholarship 21,000

Placements

The Emirates Institute for Banking and Financial Studies has a strong placement record, with a placement rate of over 90%. The institute collaborates with leading banks and financial institutions to provide students with ample career opportunities.

Job Role Approximate Salary (AED per month)
Bank Manager 25,000
Financial Analyst 20,000
Investment Banker 30,000
Risk Manager 22,000
Financial Advisor 18,000
Credit Analyst 19,000
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  • Neha Answered on 09/04/2024

    To study MBA in the USA, you need to follow these steps: 1. Research and select the universities you want to apply to based on your preferences and eligibility. 2. Take the required exams such as GMAT or GRE, and TOEFL or IELTS if you are an international student. 3. Prepare a strong application package including transcripts, essays, letters of recommendation, and resume. 4. Apply to the universities of your choice following their application deadlines and instructions. 5. Upon acceptance, apply for a student visa and make necessary travel arrangements. Please note that the specific requirements and procedures may vary by university, so it is important to carefully review the information provided by each institution.

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