Diploma in Moral Economy & Sustainable Development | Al-Maktoum College
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Diploma in Moral Economy & Sustainable Development

This fully online programme is accredited at SCQF Level 11, offering a total of 120 credits. As a Customised Award certified and quality assured by the Scottish Qualifications Authority (SQA), it ensures a high standard of education, academic recognition, and flexibility for learners globally.

  • Tuition fees: £5,800
  • Programme level: 120 SCQF credits at Level 11
  • Start date: January, September
  • Study mode: Online
  • Duration: 7 months

What will I study?

This 120 Credits programme will be delivered online starting October 2023

Sustainable development has become one of the key policy drivers in many societies. It covers a wide spectrum of inter-related moral, economic, environmental and social issues. Public and private institutions engaged with the sustainable development agenda need to appreciate the challenges and policy implications of the Sustainable Development Goals.

The Diploma in Moral Economy and Sustainable Development is an intensive, one-year full-time programme. It responds to the emerging sustainable development agenda from a moral economic perspective and employs a multi-disciplinary approach aiming to provide students with the necessary knowledge, tools and skills to pursue successful research or professional career in areas of sustainable development.

The core taught units provide an in-depth analysis of the core issues and debates surrounding sustainable development in the contemporary global and professional contexts. The optional (elective) units enable you to develop in-depth knowledge and understanding of moral, economic, environmental and social issues.

The Diploma in Moral Economy & Sustainable Development is part of a suite of Professional qualifications in Moral Economy & Finance. You may also be interested in the Professional Diploma in Islamic Banking & Finance or the Executive Diploma in Islamic Finance & Entrepreneurship.

There are routes available from this Diploma into MBA programmes. For more information on this and the University of Dundee’s Global MBA programme, please click here.

Students who complete the Diploma will be eligible to gain either MSc Moral Economy and Sustainable Development from Abertay University or  will have advanced access to Global MBA  from University of Dundee Business School.

Route 1: MSc Moral Economy and Sustainable Development from Abertay University

120 credits will be required to take the dissertation (MBA556), Econometrics Data Modelling (ANC703) and Corporate Governance and Management (AMC707)

Route 2: Global MBA from University of Dundee Business School after completing two modules and dissertation

Download the programme handbook

What will I learn?

  • Systematically and critically explore the relationships between moral economy and sustainable development in the contemporary global and professional contexts
  • Develop the knowledge and understanding to critically evaluate the key concepts, theories, frameworks and strategies used in debates around moral economy and sustainable development
  • Develop a critical understanding of management approaches and policy implications of religious beliefs, values and principles in sustainable development projects
  • Engage in a range of contemporary sustainable development issues relevant to your interests, strengths, academic, professional and/or developmental needs
  • Facilitates self-direction and originality to act autonomously in designing, planning, implementing and critically analysing and evaluating at masters level

Programme information


Entry requirements

  • An honours degree from a UK university, or equivalent
  • In addition, professional experience* may be also recognised for enrolment in the course

*Applicants who do not meet the formal entry requirements may be asked to attend an interview. 

This programme may be suitable for:

  • Those who are seeking to work and advance their professional careers in the Islamic economics, banking and finance industry

English Language requirements 

Teaching takes place solely in English and you must demonstrate that their English language proficiency is at a level that will allow you to follow your intended programme successfully.

If English is not your first language you must hold a qualification as evidence of your English language skills. Full details of the qualifications we accept, can be found here.

Student Visa requirements for study in the UK

The UK Government approves certain English language qualifications as being Secure English Language Tests (SELT). These meet the government’s requirements for visa applications.

Al-Maktoum College will accept the following:

  • IELTS for UKVI or IELTS Life Skills
  • LanguageCert – B2 or equivalent
  • Pearson – PTE Home or PTE Academic
  • PSI Skills for English – PSI Services

SELT’s can only be sat at approved test centres. A list of all the approved test centres is available on GOV.UK 

The list of approved English language tests has been assessed as meeting Home Office requirements under the secure English language testing arrangements. Only those tests and test levels specified are approved. If you intend to use an English language test in your immigration or nationality application you must take one of the tests on the list.

You should make sure the test that you book is the one approved for the SELT.

 

Full entry requirement information can be found here

Graduates of this programme will typically find work in organisations in the private, public, and non-profit sectors in a broad range of sustainable development positions and roles.

The Diploma opens up opportunities for careers that demand postgraduate skills in sustainable development such as in research, management, policy analysis and consultancy, sustainable development programme planning, international development, which require a multi-disciplinary understanding to address challenges in their workplace and in the world.

 

Teaching

Each 20-credit unit compromises 200 hours of learning; this is made up of 40 hours of teaching and 160 hours of independent study.

Classes are made up of lectures, seminars and tutorials and you will have 2 hours of contact teaching per week.

Classes will occur on a weekly basis, with a duration of 3 hours each session.

You should apply directly using the College online application system and your application will usually be assessed within 3 working days. We my contact you to provide further information or to invite you to a short informal interview.

Please make sure you have the following information before starting your application:

  • Academic transcripts and qualification certificates
  • Proof of English language proficiency (if required)
  • Passport details
  • Referee details

We consider all aspects of the application: academic qualifications, personal statement and references.

All correspondence will be sent from admissions@almcollege.ac.uk after an application of study has been submitted and you should direct any questions there.

Compulsory unit information

Research Skills and Project Report (SCQF Level 11, 20 Credits)

This unit provides students with the advanced research methodologies and analytical skills necessary for investigating key issues in moral economy and sustainable development. The unit is designed to guide learners through the process of designing and executing a substantial research project, culminating in a comprehensive project report. Students will explore qualitative and quantitative research techniques, data analysis, and academic writing to develop a critical understanding of their chosen topic. By applying these skills to real-world challenges, learners will demonstrate their ability to integrate theoretical knowledge with practical insights, contributing to innovative solutions in the field of moral economy and sustainable development.

Sustainable Development: Discourse and Policy (SCQF Level 11, 20 Credits)

This unit examines the key debates, frameworks, and policies shaping the global sustainable development agenda. Students will critically analyze the discourse surrounding sustainable development, exploring its moral, economic, environmental, and social dimensions. The unit focuses on understanding the challenges and implications of implementing sustainable development policies across public and private sectors. Through case studies and policy analysis, students will gain the skills needed to evaluate and design strategies that align with sustainable development goals, fostering inclusive and ethical practices to address global challenges.

Moral Economy and Finance (SCQF Level 11, 20 Credits)

This unit provides an in-depth exploration of the principles of moral economy and their application within the financial sector. It critically examines the interplay between ethical values, societal well-being, and financial practices, highlighting how moral considerations can influence economic systems. Students will analyze theoretical frameworks and practical examples to understand how finance can be aligned with sustainable and equitable outcomes. By the end of the unit, learners will have developed the skills to critically evaluate and contribute to the design of financial models and strategies that prioritize ethical principles and address pressing global challenges.

Optional unit information

Sustainable Governance and Democracy (SCQF Level 11, 20 Credits)

This unit explores the relationship between governance, democracy, and sustainable development. Students will critically examine the principles of good governance, democratic participation, and accountability in fostering sustainable practices. The unit delves into the challenges of implementing governance frameworks that balance economic, social, and environmental goals, while addressing issues such as inequality, resource management, and institutional integrity. Through case studies and comparative analysis, students will develop the skills to evaluate governance structures and propose innovative strategies that promote inclusivity, transparency, and long-term sustainability in various political and organizational contexts.

Civic Institutions and Sustainable Development (SCQF Level 11, 20 Credits)

This unit examines the critical role of civic institutions in advancing sustainable development goals. It explores how non-governmental organizations, community groups, and other civil society actors contribute to shaping sustainable policies and practices. Students will analyze the interplay between civic institutions and governments, businesses, and international organizations in addressing global challenges such as poverty, inequality, and environmental degradation. By engaging with case studies and theoretical frameworks, learners will develop a nuanced understanding of the opportunities and constraints faced by civic institutions and gain the skills to design and implement impactful strategies that drive sustainable development at local, national, and global levels.

Development Policy and Application (SCQF Level 11, 20 Credits)

This unit focuses on the formulation, analysis, and implementation of development policies aimed at addressing global challenges such as poverty, inequality, and environmental sustainability. Students will critically evaluate the effectiveness of various development policies, exploring their socio-economic and environmental impacts in different contexts. The unit emphasizes the application of theoretical knowledge to real-world scenarios, equipping learners with the tools to design and implement policies that promote inclusive and sustainable growth. Through case studies and policy analysis, students will gain practical insights into bridging the gap between policy frameworks and their successful application in diverse settings.

Sustainability and Ethics (SCQF Level 11, 20 Credits)

This unit explores the interconnection between ethical decision-making and sustainable development, providing a critical understanding of how ethical principles can guide sustainable practices. Students will examine key concepts such as environmental stewardship, social equity, and governance, and their role in creating long-term value for organizations and societies. Through case studies and analytical frameworks, the unit highlights the challenges and opportunities of integrating ethical considerations into sustainability strategies. Learners will develop the skills to evaluate ethical dilemmas and design innovative solutions that align with global sustainability goals while maintaining integrity and accountability.

Theoretical and Practical Entrepreneurship (SCQF Level 11, 20 Credits)

This unit offers a comprehensive exploration of entrepreneurship, blending theoretical frameworks with practical applications to foster innovation and business success. Students will examine key concepts such as entrepreneurial mindset, opportunity recognition, and business model development. The unit emphasizes practical skills through case studies, interactive workshops, and real-world scenarios, enabling learners to address challenges and implement strategies in entrepreneurial ventures. By integrating theory with practice, students will be equipped to create sustainable businesses, navigate complex markets, and contribute to economic and social development through entrepreneurial innovation.

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