Case study

Masters student — Jodhi Satyagraha Boediono

An international student from Indonesia, Jodhi is currently studying for an MSc in Islamic Finance at the University of Dundee

Why did you decide to pursue a Masters?

I decided to take a Masters while working as a central banker in Indonesia. I wanted to further my understanding in the field of Islamic finance.

Why did you choose to study in the UK?

The UK is a hub of Islamic finance development and is renowned for having excellent university facilities. The combination of these two factors made me decide to study in the UK. 

What did the application process involve?

I had to meet the minimum Graduate Record Examination (GRE) and IELTS scores. I also prepared a personal statement and recommendation letter from two of my supervisors.

How does studying for your Masters differ from undergraduate study?

In Masters study you are required to be more critical than in undergraduate study. The assignments are made up of more case studies and critical reviews. Occasionally, they can be group assignments so that our teamwork skills are tested.

Tell us a bit about your course and what it involves.

There are eight modules in two semesters, plus one summer project. General finance modules include Econometrics for Finance, Global Financial Markets, and Risk Management in Banking.

Meanwhile, the Islamic modules include Islamic Moral Economics and Finance, Islamic Commercial Law and Financial Transactions, and Applied Islamic Banking and Insurance.

Most of the modules demand active learning. We are expected to read the material the previous day.

Does the course involve any work placements or internships?

For the summer project we can choose to do an internship or an essay project. I chose the essay project because I plan to pursue a PhD.

What do you enjoy about your course?

I am able to deepen my knowledge of Islamic finance and sharpen my critical thinking. I also have the opportunity to broaden my social network with international students.

What are the challenges?

Due dates or exam dates are close together. I also brought my family with me, which demands family time. All require the ability to manage time and set priorities.

How are you funding your Masters?

I received a scholarship from the University of Dundee. My employer handled the rest of it as a sponsorship.

What are your career ambitions?

I want to contribute to the development of Islamic finance and reduce social inequality in Indonesia. 

What advice would you give to others starting a Masters?

  • Manage your time to prepare for the requirements of postgraduate study.
  • Prepare for the financial commitment.
  • Engage in conversations with former students to gain invaluable insights into preparations, finding accommodation and other living needs.

Find out more

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