Business Administration: Finance and Economics

(BBA, 4 Years)

Duration

4 years

Qualification Awarded

Bachelor of Business Administration

Level of Qualification

Bachelor Degree (1st Cycle)

Language of Instruction

English

Mode of Study

Full-time or Part-time

Minimum ECTs Credits

240

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Business Administration: Finance and Economics (BBA, 4 Years)

Duration	4 years
Qualification Awarded	Bachelor of Business Administration
Level of Qualification	Bachelor Degree (1st Cycle)
Language of Instruction	English
Mode of Study	Full-time or Part-time
Minimum ECTS Credits	240

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Overview

The bachelor program in Business Administration with concentration in Economics and Finance aims to provide a solid background in all areas of Business Administration and more specialized knowledge in Economics and Finance. It also aims to develop students individually and academically and to prepare them to work ethically in a changing multicultural environment. The variety and range of courses offered and the interdisciplinary character of the program as well as the culture of open discussion that characterizes the university contribute to the comprehensive education of the students.

More specifically, the general objectives of the program are to:

Present and explain main theoretical concepts in key areas of business.
Demonstrate how to apply the above knowledge in the solution of business problems.
Provide tools for and experience in working in multicultural teams.
Train students in leading ethically and in a sustainable manner in an environment of constant social, economic and technological change.
Offer tools for and practice in analyzing business related information.
Enhance critical thinking for the purpose of improving strategic decision-making.
Develop students’ writing skills in relation to business.
Cultivate students’ presentation skills.

The concentration in Economics and Finance aims to provide specialization in the area of Economics and Finance. The concentration’s main objectives are the following:

Provide an in-depth understanding in Economics (Microeconomics and Macroeconomics, European Economics, Managerial Economics, Money and Banking).
Provide expertise in Finance (Corporate Finance, International Financial Management, Financial Analysis and Financial Markets).
Develop the skills needed to select appropriate quantitative techniques to be used in the solution of problems in Economics and Finance.
Relate the theories discussed in class with ‘real life’ scenarios and cases in Economics and Finance.
Develop students’ abilities to think critically about world issues in Economics and Finance.

Access to Further Studies

Graduates of the programme can be accepted into Second Cycle degrees (Master’s Degree)

Admission

Academic Admission

The minimum admission requirement to an undergraduate programme of study is a recognized High School Leaving Certificate (HSLC) or equivalent internationally recognized qualification(s). Students with a lower HSLC grade than 7.5/10 or 15/20 or equivalent depending on the grading system of the country issuing the HSLC are provided with extra academic guidance and monitoring during the first year of their studies.

English Language Proficiency

The list below provides the minimum English Language Requirements (ELR) for enrollment to the programme of study. Students who do not possess any of the qualifications or stipulated grades listed below and hold IELTS with 4.5 and above, are required to take UNIC’s NEPTON English Placement Test (with no charge) and will receive English Language support classes.

TOEFL – 525 and above
Computer-based TOEFL – 193 and above
Internet-based TOEFL – 80 and above
IELTS – 6 and above
Cambridge Exams [First Certificate] – B and above
Cambridge Exams [Proficiency Certificate – C and above
GCSE English Language “O” Level – C and above
Michigan Examination of Proficiency in English (CaMLA) – Pass
Pearson PTE General – Level 3 and above
KPG (The Greek Foreign Language Examinations for the State Certificate of Language Proficiency) – Level B2 and above
Anglia – Level B2 and above
IEB Advances Programme English – Pass
Examination for the Certificate of Proficiency in English (ECPE) Michigan Language Assessment by: Cambridge Assessment English & University of Michigan – 650 average score for ALL skills and above

Assessment

Course assessment usually comprises of a comprehensive final exam and continuous assessment. Continuous assessment can include amongst others, mid-terms, projects and class participation.

Letter grades are calculated based on the weight of the final exam and the continuous assessment and the actual numerical marks obtained in these two assessment components. Based on the course grades the student’s semester grade point average (GPA) and cumulative point average (CPA) are calculated.

Graduation

The student must complete 240 ECTS and all programme requirements.

A minimum cumulative grade point average (CPA) of 2.0 is required. Thus, although a ‘D-‘ is a PASS grade, in order to achieve a CPA of 2.0 an average grade of ‘C’ is required.

Learning Outcomes

Upon successful completion of this program, the students should be able to:

Apply conceptual principles, methods and tools to solve business related problems.
Debate different business ideas with creativity and rigor.
Appreciate the increasing complex nature of global business and economy and their impact on the management and growth of organizations.
Streamline business processes and procedures to meet challenges and excel under intense competition.
Adopt an ethical approach in the management of corporate practices to address and resolve heighten pressure from stakeholders.
Utilize skills that are required in negotiation and conflict resolution for re-enforcing value added collaborations.
Critically assess collected data, analyze and interpret findings to make informed decisions.
Identify and use suitable research and business simulation tools.
Use research skills to plan and implement research projects in business.
Present effectively, both orally and in writing.

The Economics and Finance specialization is expected to equip graduates with skills to:

Apply the standard analytic tools of applied economic and financial analysis.
Analyze, evaluate, interpret and present materials in the areas of Economics and Finance.
Identify the underlying ideas of the business environment and associate them with specific knowledge in the areas of Economics and Finance.

Academic Path

Section: A – Business Requirements
Min. ECTS Credits: 84 Max. ECTS Credits: 84

Notes: Students must complete either BADM-439 or BADM-493

Course ID	Course Title	ECTS Credits
ACCT-110	Accounting I	6
ACCT-111	Accounting II	6
ACCT-211	Managerial Accounting	6
BADM-121	Business Ethics	6
BADM-230	Business Law	6
BADM-234	Organizational Behavior	6
BADM-431	Research Methods in Business	6
BADM-439	Senior Simulation in Business	6
BADM-475	Strategy and Business Policy	6
BADM-493	Final Year Project	6
ECON-261	Principles of Microeconomics	6
ECON-262	Principles of Macroeconomics	6
FIN-266	Managerial Finance	6
IMGT-488	Operations Management	6
MGT-281	Introduction to Management	6
MIS-251	Information Systems Concepts	6
MKTG-291	Marketing	6

Section: B – Concentration: Finance and Economics
Min. ECTS Credits: 72 Max. ECTS Credits: 72

Course ID	Course Title	ECTS Credits
ECON-360	Intermediate Microeconomics	6
ECON-362	Intermediate Macroeconomics	6
ECON-363	Money and Banking	6
ECON-390	Mathematics for Economics and Business	6
ECON-466	Managerial Economics	6
ECON-481	European Economics	6
ECON-496	Applied Econometrics	6
FIN-215	Personal Finance	6
FIN-366	Corporate Finance	6
FIN-410	Financial Management	6
FIN-430	International Financial Management	6
FIN-440	Financial Analysis	6

Section: C – Business Electives
Min. ECTS Credits: 12 Max. ECTS Credits: 12

Or any ACCT-, BADM-, COMM-, ECON-, FIN-, HOSP-, MIS-, MGT-, MKTG-, SPRT-,TOUR- course not taken as a major core or concentration requirement.

Task-Based Internship has a credit range of 2-12 ECTS – students may select BADM-482 (2 ECTS) or BADM-483 (4 ECTS) or BADM-486 (6 ECTS) or BADM-489 (12 ECTS).

Special Topics in Business has a credit range of 2-6 ECTS – students may select BADM-491 (2 ECTS) or BADM-491A (4 ECTS) or BADM-491B (6 ECTS).

Course ID	Course Title	ECTS Credits
BADM-486	Task-Based Internship	6
BADM-491B	Special Topics in Business	6

Section: D – Language Expression
Min. ECTS Credits: 18 Max. ECTS Credits: 18

1) Placement in the English courses is done on the basis of a Placement Test or tests such as TOEFL or GCE.

(2) Students must complete either BADM-231 or BADM-332.

Course ID	Course Title	ECTS Credits
BADM-231	Business Communications	6
BADM-332	Technical Writing and Research	6
COMM-200	Business and Professional Communication	6
ENGL-101	English Composition	6

Section: E – Computer Electives
Min. ECTS Credits: 12 Max. ECTS Credits: 12

Notes: Or any other COMP-, MIS-, or MULT- course.

Course ID	Course Title	ECTS Credits
COMP-150	Microcomputer Applications	6
COMP-151	Computer Fundamentals	6
MIS-151	Business Software Applications	6
MIS-215	Project Management	6
MIS-220	Technologies for the Social Web	6
MULT-160	Introduction to Multimedia	6

Section: F – Mathematics Electives
Min. ECTS Credits: 24 Max. ECTS Credits: 24

Course ID	Course Title	ECTS Credits
IMGT-486	Quantitative Methods	6
MATH-105	Intermediate Algebra	6
MATH-108	Finite Maths with Applied Calculus	6
MATH-221	Statistics I	6
MATH-321	Statistics II	6

Section: G – Humanities and Social Sciences Electives
Min. ECTS Credits: 6 Max. ECTS Credits: 18

Notes: Or any language course with FREN-, GERM-, ITAL-, RUS-, SPAN-, GREK-, TURK prefix.

Course ID	Course Title	ECTS Credits
ANTH-105	Cultural Anthropology	6
ART-110	Introduction to Visual Arts	6
ART-111	Greek Art	6
ENGL-102	Western World Literature and Composition	6
ESCI-200	Society and Environment	6
EUS-103	Modern European History and Politics	6
HIST-201	World History to 1500	6
HIST-257	Modern Cypriot History and Politics	6
HIST-265	The US and World History Since 1945	6
MUCT-107	Music Appreciation	6
MUCT-110	Fundamentals of Music	6
PHIL-101	Introduction to Philosophy	6
PSCI-101	American National Government	6
PSY-110	General Psychology I	6
PSY-111	General Psychology II	6
PSY-210	Social Psychology	6
SOC-101	Principles of Sociology	6
UNIC-100	University Experience	6

Section: H Unallocated Courses
ECTS: Min. 0 Max. 0

Semester Breakdown

Semester 1

Course ID	Course Title	ECTS Credits
ACCT-110	Accounting I	6
ECON-261	Principles of Microeconomics	6
MATH-108	Finite Maths with Applied Calculus	6
COMP-150	Microcomputer Applications	6
ENGL-101	English Composition	6

Semester 2

Course ID	Course Title	ECTS Credits
ACCT-111	Accounting II	6
MATH-221	Statistics I	6
ECON-262	Principles of Macroeconomics	6
COMP-151	Computer Fundamentals	6
COMM-200	Business and Professional Communication	6

Semester 3

Course ID	Course Title	ECTS Credits
MGT-281	Introduction to Management	6
ACCT-211	Managerial Accounting	6
BADM-230	Business Law	6
MATH-321	Statistics II	6
BADM-332	Technical Writing and Research	6

Semester 4

Course ID	Course Title	ECTS Credits
MKTG-291	Marketing	6
BADM-234	Organizational Behavior	6
BADM-121	Business Ethics	6
ECON-390	Mathematics for Economics and Business	6
PSY-110	General Psychology I	6

Semester 5

Course ID	Course Title	ECTS Credits
FIN-266	Managerial Finance	6
IMGT-486	Quantitative Methods	6
ECON-362	Intermediate Macroeconomics	6
ECON-360	Intermediate Microeconomics	6
SOC-101	Principles of Sociology	6

Semester 6

Course ID	Course Title	ECTS Credits
BADM-431	Research Methods in Business	6
ECON-362	Intermediate Macroeconomics	6
FIN-215	Personal Finance	6
ECON-363	Money and Banking	6
BADM-486	Task-Based Internship	6

Semester 7

Course ID	Course Title	ECTS Credits
BADM-475	Strategy and Business Policy	6
ECON-466	Managerial Economics	6
FIN-410	Financial Management	6
FIN-366	Corporate Finance	6
PHIL-101	Introduction to Philosophy	6

Semester 8

Course ID	Course Title	ECTS Credits
BADM-439	Senior Simulation in Business	6
ECON-481	European Economics	6
FIN-430	International Financial Management	6
FIN-440	Financial Analysis	6
BADM-491B	Special Topics in Business	6

The above semester breakdown is an indicative one. A few of the courses are electives and can be substituted by others. Students may contact their academic advisor and consult their academic pathway found on this website under “Schools & Programmes”.