Business Administration : Finance

(MBA, 3 Semesters) - E-Learning/Distance Learning (Online)

Duration

3 Semesters

Qualification Awarded

Master of Business Administration – Finance

Level of Qualification

Master Degree (2nd Cycle)

Language of Instruction

English and Greek

Mode of Study

E-Learning/Distance Learning (Online)

Minimum ECTs Credits

90

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Business Administration : Finance (MBA, 3 Semesters) – E-Learning/Distance Learning (Online)

Duration 3 Semesters
Qualification Awarded Master of Business Administration – Finance
Level of Qualification Master Degree (2nd Cycle)
Language of Instruction English and Greek
Mode of Study E-Learning/Distance Learning (Online)
Minimum ECTS Credits 90

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Profile of the Programme

The University of Nicosia MBA programme aims to provide students with a solid foundation of business education enabling them to become effective managers anywhere in today’s globally competitive fast changing environment. This programme is highly integrated in context and practical by remaining close to actual business practice. It aspires to assist students to develop their management and leadership skills, operate effectively in a multicultural environment and to adapt quickly to changing social, political, legal and economic conditions.

More specifically the programme’s main objectives include:

  1. Equipping students with all necessary skills, attitudes and approach to guide their decisions as business executives
  2. Developing students’ abilities to handle today’s problems and prospects for business organisations functioning in a competitive world
  3. Allowing students to develop their theoretical and practical skills and knowledge
  4. Enhancing intellectual development and student graduate maturity
  5. Assisting the students to analyse, examine, investigate and compose the new knowledge and competencies they will acquire
  6. Ensuring the highest possible penetration of each subject inquiry and exhaustion of conceptual academic as well as practical implications.
  7. Securing the necessary level of education for obtaining specialised knowledge and competencies and demonstrating mental independence
  8. Offering insight into professional possibilities and modern organisations functioning in the context of today’s competitive world
  9. Providing participating students with the skills necessary to guide both their short and long term decisions.
  10. Providing international management education to its participants that will enable them to become effective general managers anywhere in today’s globally competitive environment
  11. Providing students with graduate level of business education focusing on both theories and research from a holistic business point of view
  12. Providing students with the necessary skills, attitudes and approach to guide their decisions as business executives
  13. Providing students the ability to handle today’s problems and prospect for business organisations functioning in a competitive world
  14. Giving emphasis on European and International business perspectives

Occupational Profiles of Graduates with Examples

We expect our students to come from Management or Senior Management positions at different areas of private interest and organisations within government and industry, both locally and abroad. Companies like Royal Dutch Airlines, Revlon, Tradex, Cyprus Telecommunication Authority, Cyprus Electricity Authority, Air Trans, Cybarco, Demstar, Addidas and many more. Positions held by some of our graduates include, Marketing Director, Commercial Finance Manager, Public Relations Director and Financial Controller etc.

During the past few years our graduates have been placed in different market positions. Quite a few have undertaken Bank positions, posts in off shore companies and in Academic institutions. Some of the posts include a consultant in the Ministry of Libya, Senior IT in a company in the United States of America, Director Manager of a major Granite company, Director of Demstar, Finance Director of a University and many more.

Access to Further Studies

Graduates of the programme can be accepted into Third Cycle degrees (Doctoral Degree).

The minimum general requirement for admission to the post-graduate degree programme is a Bachelor Degree from a recognised university.

In addition to the above, applicants must also satisfy the following requirements:

  • Standardized Test Scores- The Graduate Management Admission Test (GMAT) is required of all students with a minimum score of 400. Students with a COA of 2.5 or higher on the 4-point system or 2.2 for UK standards or equivalent, or three years of professional experience, will be exempted from the GMAT. A candidate without the GMAT may be provisionally admitted and allowed to take the foundation courses, but will need to submit their GMAT scores as stated above, in order to be accepted as MBA students.
  • A Curriculum Vitae (CV) indicating the applicant’s education, academic and professional experience, any publications, awards, etc.
  • Letters of Recommendation – Two recommendation letters from individuals who have known the applicant in his/her educational and professional environment are required
  • Personal Statement – The applicant is required to submit a comprehensive outline highlighting his or her individual competences and strengths and providing their reflections regarding expectations and the value of the programme to their personal advancement and career development.
  • Proficiency in Greek for the Programme offered in the Greek Language

English Language Proficiency

Students satisfy the English requirements if their first degree was taught in English. Otherwise, they would need to present a minimum TOEFL score 550 and above, or Computer-based TOEFL score of 213 and above, or Internet-based TOEFL (iBT) score 79-80 and above, or GCSE (or GCE) English Language “O” Level of “C” or above or IELTS of 6.5 and above or Cambridge Exams (First Certificate with Grade B and above, as well as Proficiency with Grade C and above or a score placement at the ENGL-100 level of the University English Placement Test. The University offers English courses at various levels to help students reach the required standard for admission to a graduate program.

Course assessment usually comprises of a comprehensive final exam and continuous assessment. Continuous assessment can include amongst others, weekly interactive activities, projects, positive online forum participation etc.

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.

The student must complete 90ECTS 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.

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

  1. Demonstrate effective leadership and management skills with heightened cultural awareness and a refined global outlook
  2. Demonstrate academic independence and synthesise their individual professional profile when dealing with major issues relating to their career
  3. Perform in-depth academic research
  4. Implement their acquired discipline knowledge in a practical manner, through the writing of their thesis and be able to apply their knowledge to real life situations
  5. Apply the abilities gained, taking an integrative point of view of all analytical tools that assist in performing in-depth analyses of industries and competitors, predict competitive behaviour, and analyse how organisations develop and sustain competitive advantage over time
  6. Design and run effective organisations and assist them in achieving superior performance
  7. Manage the Human Resources of their organisation and motivate people to achieve their organisation’s vision
  8. Evaluate their organisation’s competitive position and apply appropriate marketing and strategy decisions for further enhancement of its position
  9. Utilise the complex processes underlining the development and manufacture of products as well as the creation and delivery of services
  10. Apply a balance between scientific research and business reality
  11. Evaluate complex investments, set and execute financial policies within an organisation and enhance their negotiation skills

Section: A Foundation Courses
ECTS: Min. 0 Max. 0

Course ID Course Title ECTS Credits
MBAN-540DE Foundations in Economics 0
MBAN-550DE Foundations in Accounting 0
MBAN-560DE Foundations in Statistics and Research 0

Section: B Compulsory Courses
ECTS: Min. 36 Max. 36

Course ID Course Title ECTS Credits
MBAN-610DE Organizations and HR Management 6
MBAN-620DE Business Economics 6
MBAN-630DE Financial and Managerial Accounting 6
MBAN-640DE Financial Management 6
MBAN-650DE Strategic Marketing 6
MBAN-660DE Corporate Strategy 6

Section: C Concentration: Finance
ECTS: Min. 54 Max. 54

Notes: THESIS Option – Students must complete MBAN-710DE, MBAN-720DE and MBAN-750DE plus 2 concentration courses.

NON-THESIS Option – Students must complete MBAN-710DE, MBAN-720DE, MBAN-671DE and MBA-672DE plus 5 concentration courses.

Course ID Course Title ECTS Credits
MBAN-671DE Business Processes and Systems 6
MBAN-672DE Globalization and International Business Challenges 6
MBAN-710DE Decision Making Methods and Tools 6
MBAN-720DE Scholarship and Research 6
MBAN-750DE Thesis in Finance 30
MBAN-754DE Portfolio Analysis 6
MBAN-755DE Financial Markets and Institutions 6
MBAN-756DE Financial Risk Management 6
MBAN-757DE Global Financial Strategies 6
MBAN-758DE Working Capital Management 6
MBAN-759DE Advanced Corporate Finance 6

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

Section: A Προπαρασκευαστικά Μαθήματα
ECTS: Min. 0 Max. 0

Course ID Course Title ECTS Credits
MBAN-540DG Οικονομικά 0
MBAN-550DG Λογιστική 0
MBAN-560DG Στατιστική και Έρευνα 0

Section: B Υποχρεωτικά Μαθήματα
ECTS: Min. 36 Max. 36

Course ID Course Title ECTS Credits
MBAN-610DG Οργανισμοί και Διαχείριση Ανθρώπινου Δυναμικού 6
MBAN-620DG Οικονομική των Επιχειρήσεων 6
MBAN-630DG Χρηματοοικονομική και Διοικητική Λογιστική 6
MBAN-640DG Χρηματοοικονομική Διοίκηση 6
MBAN-650DG Στρατηγικό Μάρκετινγκ 6
MBAN-660DG Εταιρική Στρατηγική 6

Section: C Κατεύθυνση: Χρηματοοικονομικά
ECTS: Min. 54 Max. 54

Notes: Επιλογή ΜΕ ΠΤΥΧΙΑΚΗ – Οι φοιτητές/τριες πρέπει να συμπληρώσουν τα υποχρεωτικά μαθήματα MBAN-710DG, MBAN-720DG and MBAN-750DG και 2 μαθήματα κατεύθυνσης.

Επιλογή ΧΩΡΙΣ ΠΤΥΧΙΑΚΗ – Οι φοιτητές/τριες πρέπει να συμπληρώσουν τα υποχρεωτικά μαθήματα MBAN-710DG, MBAN-720DG, MBAN-671DG και MBAN-672DG και 5 μαθήματα κατεύθυνσης.

Course ID Course Title ECTS Credits
MBAN-671DG Επιχειρησιακές Διαδικασίες και Συστήματα 6
MBAN-672DG Παγκοσμιοποίηση και Διεθνείς Επιχειρηματικές Προκλήσεις 6
MBAN-710DG Μεθόδοι και Εργαλεία Λήψης Αποφάσεων 6
MBAN-720G Αρχές Ακαδημαϊκής Έρευνας 6
MBAN-750DG Πτυχιακή στα Χρηματοοικονομικά 30
MBAN-754DG Ανάλυση Χαρτοφυλακίου 6
MBAN-755DG Χρηματοπιστωτικές Αγορές και Ιδρύματα 6
MBAN-756DG Διαχείριση Οικονομικών Κινδύνων 6
MBAN-757DG Παγκόσμιες Οικονομικές Στρατηγικές 6
MBAN-758DG Διοίκηση Κεφαλαίου Κίνησης 6
MBAN-759DG Εταιρική Χρηματοδότηση 6

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

Semester 1

Course ID Course Title ECTS Credits
MBAN-610DE Organizations and HR Management 6
MBAN-620DE Business Economics 6
MBAN-630DE Financial and Managerial Accounting 6
MBAN-650DE Strategic Marketing 6
MBAN-754DE Portfolio Analysis 6

Semester 2

Course ID Course Title ECTS Credits
MBAN-640DE Financial Management 6
MBAN-660DE Corporate Strategy 6
MBAN-710DE Decision Making Methods and Tools 6
MBAN-756DE Financial Risk Management 6

Semester 3

Course ID Course Title ECTS Credits
MBAN-750DE Thesis in Finance 30

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”.

Semester 1

Course ID Course Title ECTS Credits
MBAN-610DG Οργανισμοί και Διαχείριση Ανθρώπινου Δυναμικού 6
MBAN-620DG Οικονομική των Επιχειρήσεων 6
MBAN-630DG Χρηματοοικονομική και Διοικητική Λογιστική 6
MBAN-650DG Στρατηγικό Μάρκετινγκ 6
MBAN-754DG Ανάλυση Χαρτοφυλακίου 6

Semester 2

Course ID Course Title ECTS Credits
MBAN-640DG Χρηματοοικονομική Διοίκηση 6
MBAN-660DG Εταιρική Στρατηγική 6
MBAN-710DG Μεθόδοι και Εργαλεία Λήψης Αποφάσεων 6
MBAN-756DG Διαχείριση Οικονομικών Κινδύνων 6

Semester 3

Course ID Course Title ECTS Credits
MBAN-750DG Πτυχιακή στα Χρηματοοικονομικά 30

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

Professor Demetris Vrontis

Vice Rector for Faculty and Research
Professor
School of Business
Department of Management
Member of the Senate
Member of the Council

Professor Theodoros Tsakiris

Professor
School of Business
Department of Management

Professor Alkis Thrassou

Professor
School of Business
Department of Management

Dr Svetlana Sapuric

Acting Associate Head of Department
Associate Professor
School of Business
Department of Accounting, Economics and Finance

Professor Ioanna Papasolomou

Professor
School of Business
Department of Management

Professor Maria Michailidis

Professor
School of Business
Department of Management

Professor Petros Lois

Head of Department
Professor
School of Business
Department of Accounting, Economics and Finance

Professor Despo Ktoridou

Head of Department
Professor
School of Business
Department of Management

Professor Angelika Kokkinaki

Dean of the School of Business
Professor
School of Business
Department of Management
MBA Director
Member of the Senate

Professor Rudiger Kaufmann

Professor
School of Business
Department of Management

Professor Nicos Kartakoullis

President of the Council
Professor
School of Business
Department of Management

Dr Melpo Iacovidou

Assistant Professor
School of Business
Department of Accounting, Economics and Finance
Director, Erasmus+ and NEOLAiA Alliance Unit (ENAU)

Dr Spyros Hadjidakis

Associate Professor
School of Business
Department of Accounting, Economics and Finance

Dr Epaminondas Epaminonda

Associate Head of Department
Programme Coordinator
Associate Professor
School of Business
Department of Management
Member of the Senate

Dr Marlen Demetriou

Associate Professor
School of Business
Department of Management

Dr Alexandros Antonaras

Associate Professor
School of Business
Department of Management
Vice President of Student Services

Dr Spyridon Repousis

Adjunct Faculty

Dr Neophytos Karamanos

Adjunct Faculty

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