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All You Need to Know About Emirates Institute for Banking & Financial Studies (EIBFS) Dubai

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The Emirates Institute for Banking and Financial Studies (EIBFS) is an educational institute, that opened in Sharjah in the United Arab Emirates in 1983. EIBFS has three campuses, namely Sharjah, Dubai, and Abu Dhabi. In this blog, we will learn about the Dubai campus of EIBFS. To begin with, the institute offers numerous academic and training programs in the field of banking and insurance. Further, EIBFS has been globally integrated with numerous leading institutes and universities to bring the best courses and programs in banking and finance to the UAE. Keep reading this blog if you wish to learn about the EIBFS Dubai in detail. We will cover everything you need to know about this institute. 

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Institute NameEmirates Institute for Banking and Financial Studies (EIBFS)
LocationDubai, United Arab Emirates
Establishment1983
CampusesSharjah, Abu Dhabi, Dubai
Programs OfferedBachelor of Banking and Finance, Diploma in Banking, Diploma in Islamic Banking, and various training programs
AccreditationMinistry of Higher Education and Scientific Research
Websitehttps://eif.gov.ae/ 

Aim of EIBFS Dubai

The Emirates Institute for Banking and Financial Studies has been offering specialised knowledge and enhanced learning experiences to the banking and financial sector in the UAE since 1983. This institute does that with a strong aim. 

The aim of EIBFS Dubai is as follows:

  • To begin with, it strives to constantly offer excellent financial development and banking programs. 
  • It aims to spread specialised knowledge in the sector of banking and finance.
  • Moreover, EIBFS intends to promote scientific research in the banking & finance field. 
  • Furthermore, the institute strives to raise the standard of performance of the workforce of the banking sector. 
  • Lastly, it aims to provide training in applying the concepts and methods of banking. 

Also Read: MBA in Dubai: Eligibility, Courses & Top Universities

Study Programs at EIBFS Dubai

EIBFS offers top-notch training facilities and encourages career growth in the banking and financial services sector. In addition, here are the programs and courses offered at EIBFS Dubai:

Academic Programs

Training Programs

  • Banking and Finance Program Categories
  • Bank Science & Operations Programs
  • Anti-Money Laundering Programs
  • Capital & Share Market
  • Banking English Programs
  • E-Banking Applications Programs
  • Credit Management, Corporate & Project Finance
  • Insurance English Programs
  • Human Resources Management & Leadership Programs
  • Insurance Operations Programs
  • Insurance Management Programs
  • Marketing, Sales & Customer Service Programs
  • Islamic Banking Programs
  • Risk Management & Compliance Programs
  • Private Certificates
  • Insurance Training Categories
  • Insurance Programs
  • Treasury & Investment Programs
  • Management Programs
  • English Programs

Professional Certificate Programs

  • International Certification Program in Banking Operations (CBO)
  • Certified Documentary Credit Specialist (CDCS)
  • International Certification Program in Credit Management (CCM)
  • Chartered Financial Analyst (CFA®)
  • Certified Branch Manager (CBM)
  • Chartered Institute for Securities & Investment Qualifications (CISI)
  • ICA International Certificate in Anti-Money Laundering Awareness
  • ICA International Certificate in Compliance Awareness
  • International Certification Program – Certified International Retail Banker
  • International Certification Program in Finance Accounting and Business (CFAB)
  • International Certification Program – Professional in Human Resources (CPHR)
Source: EIF

Tuition Fees at EIBFS Dubai

The tuition fees for the programs might vary slightly for local and overseas students. In addition, the table below provides the tuition fees for some popular programs offered at EIBFS Dubai:

Program Duration (Months)Tuition Cost (AED)
Certificate in Banking39,000
Certificate in Compliance39,000
Certificate in Islamic Banking39,000
Certificate in Financial Planning39,000
Diploma in Banking618,000
Certificate in Trade Finance39,000
Diploma in Islamic Banking18,000
Diploma in Compliance618,000
Diploma in Trade Finance618,000
Diploma in Financial Planning618,000
Advanced Diploma in Banking1236,000
Advanced Diploma in Compliance1236,000
Advanced Diploma in Islamic Banking1236,000
Advanced Diploma in Financial Planning1236,000
Master of Science in Banking and Finance2472,000
Advanced Diploma in Trade Finance1236,000

Also Read: Exploring Student Life in Dubai!

Application Process

If you want to apply for enrolment into a program offered at EIBFS Dubai, you can do so on the official website of EIBFS Dubai. You will be asked to provide certain required documents during your application process, such as your high-school certificate and a valid passport (in the case of international students). 

FAQs

Q1. What is the financial services industry in Dubai?

Ans. The financial services in Dubai are centred around four core activities, namely traditional banking, capital markets, Insurance, and Islamic financing. Moreover, a broad range of specialised service providers has developed around these core activities. 

Q2. What is the ranking of the Emirates Institute for Banking and Financial Studies?

Ans. The EIBFS has been ranked 11,327 of 14,131 in the world, 4,636 of 5,830 in Asia, 42 of 66 in the UAE, and 21 of 36 in Dubai by EduRank. 

Q3. Is finance big in Dubai?

Ans. Yes, Dubai is renowned for being a leading financial hub in the Middle East. 

Q4. Which is the biggest bank in UAE?

Ans. In addition to being the largest bank in the UAE, the First Abu Dhabi Bank (FAB) also offers a comprehensive suite of financial services. 

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So, this was all about EIBFS Dubai. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Finally, consider joining a free counselling session with Leverage Edu if you plan to study abroad.

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