THE INSTITUTE OF ISLAMIC ECONOMICS AND FINANCE

 

Student Admission for Graduate Programs in Islamic Economics and Finance for the 2024-2025 Academic Year (Including Lateral Transfer), Quotas, Application Requirements, and General Information 

 

1. 1. Candidates applying for doctoral programs must have a master's degree or be in their final semester of master's studies for conditional pre-acceptance.
2. 2. Candidates applying for doctoral programs must have a master's degree or be in their final semester of master's studies for conditional pre-acceptance.
3. 3. Graduates of non-thesis master's programs cannot apply for doctoral programs; however, those who enrolled in non-thesis master's programs before 06/02/2013 and graduated can apply.
4. 4. Candidates who apply while in a position to graduate must present their graduation certificates or a document approved by their universities indicating their graduation date, or a graduation certificate obtained from the e-devlet system at the time of final registration. Additionally, their graduation information must be available in YÖKSİS. Candidates who do not graduate before the final registration date will not be registered, even if they have been accepted as primary candidates.
5. 5. The records related to the candidates’ university, their GPA, etc. will be received through YÖKSİS (Higher Education Information System). For this reason, those who do not have YÖKSİS account are required to complete the necessary registration procedures via their University from which they have graduated or will graduate. Candidates whose records cannot be received through YÖKSİS will not be able to complete their application process. Those who have graduated / will graduate from a university abroad will personally enter their information to the system themselves. Those who cannot find the name of their university in the system may select the “Abroad (other) university” option. When detected, the application / registration of those who have submitted false information will be canceled even if they have been selected / registered to the program as primary candidates.
6. 6. The candidates who have graduated / will graduate from a university abroad must have their grades calculated based on a 4-point or 100-point grading system in their transcript. This calculation will not be done by our university.
7. 7. Candidates registered for a thesis-based Master's or Doctoral program at other higher education institutions must cancel their existing registrations before enrolling in our Institute. Except for non-thesis master's programs, it is not possible to enroll in and attend more than one graduate program simultaneously.
8. 8. Only one doctoral or thesis-based master's program application can be made in the same semester. However, up to two different non-thesis master's program applications can be made. Candidates applying to two departments must pay attention to the interview dates of the departments they are applying to. Information about interview locations and dates will be announced on our Institute's website.
9. 9. Approved preferences, information, and documents cannot be deleted or changed.
10. 10. Turkish candidates must have a minimum score of 65 from the ALES exam for Doctoral and Islamic Economics and Finance thesis-based Master's programs (Turkish, Arabic, and English), and a minimum score of 55 for the Islamic Insurance program, or an equivalent score from the GRE or GMAT exams. (The results of this exam are valid for 5 (five) years from the date of announcement.)
11. 11. There is no requirement for foreign nationals applying for the quota reserved for international students or for the Non-Thesis Master's program to have obtained a certain score from the ALES or an equivalent exam.

12. Foreign Language Certificate

1. a) Master's

12.1. Turkish nationals applying for Thesis-based Master's programs with Turkish as the language of instruction must have obtained a minimum score of 40 from recognized foreign language exams by YÖK or an equivalent score from an internationally recognized foreign language exam accepted by the ÖSYM Board of Directors.

12.2. There is no foreign language requirement for Non-Thesis Master's programs.

12.3. Turkish nationals applying for Master's programs conducted in a foreign language (Arabic / English) must have obtained a minimum score of 75 from recognized foreign language exams accepted by the Higher Education Council (YÖK) or an equivalent score from an internationally recognized foreign language exam accepted by the ÖSYM Board of Directors.

Individuals who have completed at least three years of education in secondary education institutions attended by citizens of the country where the foreign language used as the language of instruction in the program is spoken as a native language, and who can officially document this, are exempt from the requirement of providing a score and language certificate for the respective foreign language.

12.4. Foreign nationals applying for Master's programs conducted in a foreign language (Arabic / English) must have obtained a minimum score of 75 from recognized foreign language exams accepted by the Higher Education Council (YÖK) for the respective foreign language, or an equivalent score from an internationally recognized foreign language exam accepted by the ÖSYM Board of Directors.

Foreign nationals who can officially document that their native language is the same as the language of instruction in the program or that they have graduated from a undergraduate/graduate program conducted in the same language at any university in Turkey or at a foreign higher education institution recognized as equivalent by YÖK will be exempt from the requirement of providing a score and language certificate for the respective foreign language.

12.5. Foreign nationals applying for Master's programs with Turkish as the language of instruction must have an official document (Turkish Proficiency Certificate) showing that they have obtained at least a B2 level or equivalent score from the Turkish proficiency exam administered by Marmara-TÖMER, Yunus Emre Institute, or Turkish language teaching centers of other universities in Turkey. Those who have graduated from an undergraduate or graduate program conducted in Turkish at any higher education institution, either in Turkey or abroad, are not required to submit a Turkish proficiency certificate.

1. b) Doctoral Program

12.6. Turkish nationals applying for the doctoral program with Turkish as the language of instruction must have obtained a minimum score of 55 from recognized foreign language exams accepted by the Higher Education Council (YÖK), or an equivalent score from an internationally recognized foreign language exam accepted by the ÖSYM Board of Directors.

12.7. Turkish nationals applying for the doctoral program with English as the language of instruction must have obtained a minimum score of 75 from recognized English language exams accepted by the Higher Education Council (YÖK), or an equivalent score from internationally recognized English language exams accepted by the ÖSYM Board of Directors.

12.8. Foreign nationals applying for the doctoral program with Turkish as the language of instruction must have an official document (Turkish Proficiency Certificate) showing that they have obtained at least a B2 level or equivalent score from the Turkish proficiency exam administered by Marmara-TÖMER, Yunus Emre Institute, or Turkish language teaching centers of other universities in Turkey.

Those who have graduated from an undergraduate or graduate program conducted in Turkish at any higher education institution, either in Turkey or abroad, are not required to submit a Turkish proficiency certificate.

12.9. In addition to the requirement in Article 12.8, foreign candidates must have obtained at least 55 points from the central foreign language exams recognized by YÖK or an equivalent score from an international foreign language exam accepted by the ÖSYM Executive Board, in a language other than their mother tongue, to apply for a PhD program in which the language of instruction is Turkish.

12.10. In order for foreign candidates to apply for a PhD program in which the language of instruction is English, they must have obtained at least 75 points from the central English language exams recognized by the Council of Higher Education (YÖK) or an equivalent score from an international English language exam accepted by the ÖSYM Executive Board, in a language other than their mother tongue.

12.11. If the native language of a foreign candidate applying for a PhD program in which the language of instruction is English is English, they must have obtained a sufficient score in a second foreign language recognized by the Council of Higher Education (YÖK). However, if the candidate's native language is not English, having a sufficient score in English meets the second language requirement.

1. 13.Foreign nationals who are required to provide a Turkish Proficiency Certificate but do not have any of these documents may register for master's or doctoral programs under the condition of learning Turkish, provided they meet other application requirements. If such candidates are admitted to the program, they will be enrolled within the foreign student quota. Candidates admitted under the condition of learning Turkish commit in writing to attending a Turkish language course offered by the university for a minimum of one academic year and to obtaining the required score on the Turkish proficiency exam administered by the university. Candidates who do not make this commitment or fail to fulfill it will lose their student status. However, candidates who attend the Turkish course for one semester and obtain the required score on the exam will obtain permanent student status. (Turkish language courses offered by Marmara University are fee-based. Candidates are required to pay the fees for these courses.)
2. 14.Foreign language exams accepted by the Higher Education Council (YÖK) are valid for 5 (five) years from the date they are taken. If there is no validity date specified on the language certificate for internationally recognized foreign languages accepted by the Assessment, Selection and Placement Center (ÖSYM), it is valid for 5 years.
3. 15. A student who does not take the professional knowledge assessment exam cannot participate in the interview. Students to be interviewed are determined based on their ALES score, graduation grade, professional knowledge assessment, and other criteria determined by the Senate, within the framework of the relevant jury's preliminary evaluation from the applications made. The number of students to be interviewed is twice the program quota.
4. 16. Candidates must participate in all exams and interviews announced by the relevant Department. Otherwise, they will not be considered in the evaluation of success.
5. 17. Candidates of Turkish Republic of Northern Cyprus (TRNC) nationality can apply for the quotas specified for Turkish Republic of Turkey (TR) nationals. However, TRNC nationals must meet the ALES requirement valid for the relevant program.
6. 18. Blue Card holders or dual citizens can only apply from one nationality.
7. 19. Candidates applying for quotas specified for TR nationals will be evaluated as Turkish citizens. Candidates applying for quotas specified for foreign nationals will be evaluated as foreign nationals. After the applications are completed, the nationality information cannot be changed. Candidates who are already registered in the application system and want to change their nationality information must create their requests at https://destek.marmara.edu.tr/ within the application period.
8. 20. Applicants with foreign nationality status will be subject to foreign student tuition fees, and the contribution fee/tuition fees for these applicants will be announced later. Those who fail to prove their possession of a blue card will also be required to pay this fee.
9. 21. For the reserve candidates; After the calculation of ALES, Transcript Grade, Professional Knowledge Assessment, and Interview scores of the applicants to the program, the main list is determined by ranking the successful candidates from the highest score to the lowest, up to the announced quota. Other successful candidates are listed as reserves. Vacancies are announced for registration to fill the places of those who do not register on the definitive registration dates. Reserves listed in the list are pre-registered by receiving applications on the relevant date/dates. This application is for determining the candidates who have the right to definitive registration. Reserves who have not applied for pre-registration, even if their score is high, cannot obtain the registration right. All candidates who have pre-registered with an application form are ranked from highest to lowest in terms of score at the end of the day. A reserve list, up to the number of vacancies, is announced for definitive registration based on the success ranking. Reserve candidates who have gained the right to definitive registration apply to our Institute to complete the registration process on the relevant date/dates. (Since reserve lists will be determined according to the applications, they will be announced on the Institute's website.)
10. 22. Equivalency or School Recognition Certificate: Turkish citizens and foreign nationals who have completed their undergraduate or graduate education abroad are required to present the diploma equivalency or school recognition certificate obtained from the Council of Higher Education Presidency during the definitive registration to our Institute.

The school recognition certificate can be obtained free of charge through e-devlet services.

If you do not have an e-devlet password, you need to apply to the Council of Higher Education (YÖK) by writing a petition. Click here for detailed information.

School Recognition Certificate Petition (for those without an e-devlet password)

1. 23. Excuses for applications and registrations not made on the specified dates will not be accepted.
2. 24. Uploaded documents must be certified and completely legible; otherwise, they will be considered invalid.
3. 25. Do not exit the application system without ensuring that your preferences and all stages are completed. The mobile phone and email information used by the applicants are important. Please enter your updated email and mobile phone information to receive accurate and regular notifications. Mobile phone notifications will be provided free of charge.
4. 26. Programs that do not reach a sufficient number of students may not be opened. The sufficient number of students required for education in the program is determined by the Institute.
5. 27. Documents will be checked and approved by Institute staff. Therefore, it is beneficial to have all documents complete during the application process.

28.Horizontal Transfer

1. a) Master’s Degree

• Students who have completed at least one semester of a postgraduate program at a higher education institution outside our university and have been successful in all courses can apply for horizontal transfer to our university's master's programs. Prospective students must meet the specified foreign language and ALES exam score requirements for the program.

1. b) Doctorate

• Students who have completed at least one semester of a doctoral program at a higher education institution outside our university and have been successful in all courses can apply for horizontal transfer to our university's doctoral programs. Prospective students must meet the specified foreign language and ALES exam score requirements for the program.

1. 29. For horizontal transfer, documents will not be submitted through online application; instead, they will be directly submitted to the institute.
2. 30. Required Documents for Horizontal Transfer Applicants:

• A document stating that the candidate has no disciplinary punishment (It can also be stated in the transcript)
• Academic Transcript
• Contents and curricula of the courses taken (approved by the issuing institute)
• Photocopy of Turkish Identity Card
• Student Certificate (the student’s date of registration must be specified)
• ALES and Foreign Language Certificate

 

Related Tables

Graduate Evaluation Table (%) for the 2024-2025 Academic Year Fall Semester
	ALES or Equivalent Exam	Transcript Grade	Professional Knowledge and Evaluation	Interview	Total
Thesis Master's Degree (Turkish Citizen)	50	-	30	20	100
Thesis Master's Degree (Foreign National)	-	40	40	20	100
Doctorate (Turkish Citizen)	50	-	30	20	100
Doctorate (Foreign)	-	40	40	20	100
Non-Thesis Master's Degree (Turkish Citizen)	-	40	30	30	100
Non-Thesis Master's Degree (Foreign National)	-	40	30	30	100

 

Graduate Program Quota Table for the 2024-2025 Academic Year Fall Semester
Program Name	Prerequisites	Scientific Preparation	Foreign Language Proficiency Score	ALES Score	Score Threshold for ALES (Academic Personnel and Graduate Education Entrance Exam) or Transcript Grade, Professional Knowledge Evaluation, and Calculation After the Interview	Quota		Horizontal Transfer
						Turkish Citizen	Foreign	Turkish Citizen	Foreign
Thesis Master's Degree in Islamic Economics and Finance (English)	Graduating from any undergraduate program	None	75	Quantative/Verbal/EW 65	65	10	10	2	2
Thesis Master's Degree in Islamic Economics and Finance (Turkish)			40	Quantative/Verbal/EW 65	65	15	5	2	1
Thesis Master's Degree in Islamic Economics and Finance (Arabic)			75	Quantative/Verbal/EW 65	65	5	10	1	2
Non-Thesis Master's Degree in Islamic Economics and Finance (Turkish)			-	-	60	50	10	-	-
Thesis Master's Degree in Islamic Insurance			40	Quantative/Verbal/EW 55	65	10	5	2	1
Non-Thesis Master's Degree in Islamic Insurance			-	-	60	20	5	-	-
PhD in Islamic Economics and Finance (Turkish)	Graduating from any Master's program		55	Quantative/Verbal/EW 65	75	7	3	4	1
PhD in Islamic Economics and Finance (English)			75			5	5	1	1

 

Graduate Program Fees for Fall Semester of the 2024-2025 Academic Year
Program Name	Student Type	Total Course Hours	Course Fee	Fall Semester Fee	Spring Semester Fee
Islamic Economics and Finance Thesis Master's Degree (English)	Foreign	-	-	*	*
Islamic Economics and Finance Thesis Master's Degree	Foreign	-	-	*	*
Islamic Economics and Finance Thesis Master's Degree (Arabic)	Foreign	-	-	*	*
Islamic Economics and Finance Non-Thesis Master's Degree	Turkish Citizen and Foreign *	32	1.500 TL	25.500 TL	22.500 TL
Islamic Insurance Thesis Master's Degree	Foreign	-	-	*	*
Islamic Insurance Non-Thesis Master's Degree	Turkish Citizen and Foreign*	32	1.500 TL	25.500 TL	22.500 TL

 

*Tuition fees for international students will be shared later.