Intercollege receives accreditation for 49 programmes by SECAP, the local accreditation board; by far the largest number of accredited programmes among all colleges.
Intercollege files an application to become the first private university of Cyprus.
(NB: no relevant legislation was in place at the time)
Inauguration of the “Millennium” building.
Intercollege programmes are restructured, resulting in the creation of four Schools encompassing thirteen Departments. The first School Deans and Department Heads are appointed.
The total number of Intercollege programmes accredited by SECAP reaches 51.
The Senate is set up, as the top academic body, and begins functioning.
At the time, Intercollege had a staff total of 415; including 160 full-time faculty, 128 part-time faculty and 127 administrative and support staff. Included were 90 PhD holders.
Increasing emphasis is put on research. At this stage, research output for the year included: 6 books, 7 monographs, 17 chapters in books, 74 journal papers and 68 conference proceedings.
Externally funded research amounting to CYP 430,000 is brought in through IPE (the Foundation for the Promotion of Research), as well as UNOPS, and the European 5th Framework fund; additional funding from the Leonardo da Vinci and the Youth of Europe programmes.
Intercollege creates a training centre in Athens, claiming 95% of the market in professional training (Certified Accounting, Chartered Financial Analysts, and Certified Internal Auditors).
Success in many international competitions: e.g. Gold Medal received by an international student in the “2003 International Competition for University Students”.
Ranked as “the most reputable” and “best” college in local opinion poll.
Inauguration of the “EUROPA” building.
Following three years of negotiations, Intercollege wins the privilege of establishing the first UNESCO Chair in Cyprus. The Chair aims at the promotion of cultural diversity, intellectual dialogue, and a Culture of Peace.