Business Administration

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

Level
Master Degree (2nd Cycle)
Duration
3 Semesters
Qualification awarded
Master of Business Administration
Minimum ECTS Credits
90
Taught in
English and Greek
Mode of study
E-Learning/​Distance Learning (Online)
Campus
Distance Learning

Start your application

Create your account and begin in minutes.

The exact programme your application will be created for.
At least 8 characters.

Takes under a minute. You'll be taken straight to your application dashboard.

Programme Information

Overview

Profile of the Programme

The University of Nicosia MBA is designed for ambitious professionals who want to lead with confidence in a fast-changing, technology-driven business environment. Aligned with the mission of the School, the programme develops capable and responsible leaders who can guide organisations through complexity, drive meaningful transformation, and contribute to sustainable economic and social progress.

The programme offers a rigorous and contemporary curriculum that combines academic depth with practical relevance. Students develop a strong foundation in sustainable leadership, strategic decision-making, business transformation, and effective communication. Throughout their studies, they are encouraged to connect theory with practice, evaluate complex business challenges, and respond to technological change with insight and adaptability.

A strong focus is placed on critical thinking, ethical judgement, and strategic perspective. Students learn how to assess business environments, make informed decisions, and create long-term value for organisations and society. The programme also supports the development of essential professional skills through group projects, advanced analytical tools, and digital collaboration platforms such as Engageli®, helping students strengthen their communication, teamwork, and leadership abilities in diverse and dynamic settings.

Key Objectives and Learning Goals

  1. Sustainable Leadership: Students develop knowledge of sustainable leadership frameworks and their application in contemporary organisations.
  2. Strategic Decision-Making: Students learn to apply and integrate the core functional areas of business to support effective strategic decision-making.
  3. Business Transformation: Students build an understanding of how technological change shapes business transformation in a global context.
  4. Effective Communication: Students strengthen their ability to communicate clearly and synthesise complex business ideas effectively.

Occupational Profiles of Graduates with Examples

Graduates of the MBA programme at UNIC are exceptionally well-equipped for the global job market. The combination of advanced theoretical knowledge and practical skills provides them with a competitive advantage across industries. Key career outcomes include:

  • The development of strategic thinking and leadership capabilitiesthat enable graduates to take on executive roles, manage teams, and drive organizational success.
  • Strong competencies in decision-making, problem-solving, and communication, which are highly valued by employers across sectors.
  • The ability to pursue diverse career paths in industries such as finance, marketing, consulting, technology, healthcare, and operations management.
  • Enhanced employability due to the programme’s emphasis on industry trends, collaborative work, and exposure to real-world business scenarios.

Graduates also benefit from the university’s extensive career services and its strong relationships with employers, ensuring they are well-prepared to seize opportunities and tackle challenges in a competitive global economy.

Access to Further Studies

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

Admission

To be considered for admission to the University of Nicosia’s MBA programme, applicants must meet the following requirements:

ACADEMIC QUALIFICATIONS

Possess a Bachelor’s Degree from a recognized university (American, European, or equivalent).

Standardized Test Scores: Submit a Graduate Management Admission Test (GMAT) score with a minimum of 400.

*Applicants with a cumulative overall average (COA) of 2.5 or higher on a 4-point scale, 2.2 according to UK standards, or those with three years of professional experience, are exempt from the GMAT requirement.

**Candidates lacking the GMAT may receive provisional admission to begin foundation courses but must submit their GMAT scores as stipulated above for full acceptance into the MBA programme.

Curriculum Vitae: Provide a detailed CV outlining educational background, academic and professional experiences, publications, awards, and other relevant achievements.

Letters of Recommendation: Submit two letters of recommendation from individuals familiar with the applicant’s academic and professional environment.

Personal Statement: Present a comprehensive personal statement that highlights personal competencies and strengths, and reflects on how the programme aligns with their career goals and personal development.

LANGUAGE PROFICIENCY

For the programme offered in Greek, demonstrate proficiency in the Greek language.

For programmes in English, proficiency must be shown unless the applicant’s first degree was taught in English. Acceptable evidence includes a TOEFL score of 550 or higher (213 for Computer-based; 79-80 for Internet-based), a GCSE/GCE English Language “O” Level with a grade of “C” or above, an IELTS score of 6.5 or higher, or a Cambridge First Certificate with a Grade B or above.

Assessment

Course assessment usually comprises of a comprehensive final exam and continuous assessment. Continuous assessment can include amongst others, weekly interactive activities, projects, exercises and quizes, 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.

Graduation

The student must complete 90 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

Through the MBA programme, students develop the knowledge, skills, and strategic perspective needed to lead effectively in today’s complex business environment.

  1. Sustainable Leadership

Students develop a strong understanding of sustainable leadership and its role in responsible and effective management.

By the end of the programme, students will be able to:

  • apply sustainability principles, operational guidelines, and responsible leadership practices in business contexts
  • analyse organisational environments and recommend actions that support long-term effectiveness and sustainable success
  1. Strategic Decision-Making

Students strengthen their ability to make informed strategic decisions by integrating knowledge from across the main areas of business.

By the end of the programme, students will be able to:

  • combine knowledge of the business environment, management theory, and professional practice to develop strategic recommendations for organisations
  • make value-creating decisions in business environments shaped by rapid technological change
  1. Business Transformation

Students gain the knowledge and tools needed to understand and respond to business transformation in a global and technology-driven economy.

By the end of the programme, students will be able to:

  • use analytical frameworks and technological tools to evaluate factors affecting organisations and the global economy
  • apply knowledge of the global economy and international business to support well-informed business decisions
  1. Effective Communication

Students build the communication and collaboration skills needed to present ideas clearly, solve problems effectively, and work successfully with others.

By the end of the programme, students will be able to:

  • communicate complex business issues clearly using quantitative and qualitative methods, statistical analysis, and information technology
  • work and communicate effectively with team members from different backgrounds and with varied perspectives

English Academic Path

Section: A, Foundation Courses

Min. ECTS Credits: 0 Max. ECTS Credits: 0

Course IDCourse TitleECTS Credits
MBAN-540DEFoundations in Economics0
MBAN-550DEFoundations in Accounting0
MBAN-560DEFoundations in Statistics and Research0
MBAN-570DEFoundations in AI and Business0

Section: B, Compulsory Courses

Min. ECTS Credits: 36 Max. ECTS Credits: 36

Course IDCourse TitleECTS Credits
MBAN-620DEBusiness Economics6
MBAN-630DEFinancial and Managerial Accounting6
MBAN-640DEFinancial Management6
MBAN-650DEStrategic Marketing6
MBAN-660DECorporate Strategy6
MBAN-680DEHR Mgt and Organizational Effectiveness6

Section: C, Required and Free Electives

Min. ECTS Credits: 54 Max. ECTS Credits: 54 Notes: Only NON-THESIS Option: Students must complete MBAN-671DE, MBAN-672DE, MBAN-710DE, and MBAN-720DE, along with 2 of the 6 designated Required courses and 3 additional courses selected from the remaining elective offerings.

Course IDCourse TitleECTS Credits
MBAN-604DETransformational Leadership6
MBAN-606DEDiversity, Equity and Inclusion6
MBAN-607DEPerformance Management and Compensation Systems6
MBAN-608DEEmployee Resourcing and Employee Development6
MBAN-645DEGlobal and International Marketing6
MBAN-646DECorporate Social Responsibility and Sustainable Marketing6
MBAN-647DEDigital Marketing6
MBAN-658DEFin Tech and Digital Finance6
MBAN-659DECorporate Finance and Sustainable Investing6
MBAN-671DEBusiness Process Management6
MBAN-672DEGlobalization and International Business Challenges6
MBAN-701DEOrganizational Behavior6
MBAN-702DEIntegrity in Organizations6
MBAN-710DEDecision Making Methods and Tools6
MBAN-720DEScholarship and Research6
MBAN-748DEConsumer Behaviour6
MBAN-749DEMarketing of Services6
MBAN-752DEMarketing Communications6
MBAN-754DEPortfolio Analysis6
MBAN-755DEFinancial Markets and Institutions6
MBAN-756DEFinancial Risk Management6
MBAN-757DEGlobal Financial Strategies6

Section: D, Unallocated Courses

Min. ECTS Credits: 0 Max. ECTS Credits: 0

Greek Academic Path

Section: A, Προπαρασκευαστικά Μαθήματα

Min. ECTS Credits: 0 Max. ECTS Credits: 0

Course IDCourse TitleECTS Credits
MBAN-540DGΟικονομικά0
MBAN-550DGΛογιστική0
MBAN-560DGΣτατιστική και Έρευνα0
MBAN-570DGΤεχνητή Νοημοσύνη στις Επιχειρήσεις0

Section: B, Υποχρεωτικά Μαθήματα Κορμού

Min. ECTS Credits: 36 Max. ECTS Credits: 36

Course IDCourse TitleECTS Credits
MBAN-620DGΟικονομική των Επιχειρήσεων6
MBAN-630DGΧρηματοοικονομική και Διοικητική Λογιστική6
MBAN-640DGΧρηματοοικονομική Διοίκηση6
MBAN-650DGΣτρατηγικό Μάρκετινγκ6
MBAN-660DGΕταιρική Στρατηγική6
MBAN-680DGΔιαχείριση Ανθρώπινου Δυναμικού και Οργανωσιακή Αποτελεσματικότητα6

Section: C, Υποχρεωτικά Μαθήματα

Min. ECTS Credits: 54 Max. ECTS Credits: 54 Notes: Μόνο επιλογή ΧΩΡΙΣ ΔΙΠΛΩΜΑΤΙΚΗ, Οι φοιτητές/τριες καλούνται να ολοκληρώσουν επιτυχώς τα ακόλουθα μαθήματα: MBAN-671DG, MBAN-672DG, MBAN-710DG και MBAN-720DG, καθώς και δύο (2) από τα έξι (6) υποχρεωτικά μαθήματα και τρία (3) από τα μαθήματα ελεύθερης επιλογής.

Course IDCourse TitleECTS Credits
MBAN-604DGΜετασχηματιστική Ηγεσία6
MBAN-606DGΔιαφορετικότητα, Ισότητα και Συμπερίληψη6
MBAN-607DGΣυστήματα Διαχείρισης Απόδοσης και Ανταμοιβής6
MBAN-608DGΣτελέχωση και Ανάπτυξη Εργαζομένων6
MBAN-645DGΠαγκόσμιο Διεθνές Μάρκετινγκ6
MBAN-646DGΕταιρική Κοινωνική Ευθύνη και Βιώσιμο Μάρκετινγκ6
MBAN-647DGΨηφιακό Μάρκετινγκ6
MBAN-658DGFin Tech και Ψηφιακή Χρηματοοικονομική6
MBAN-659DGΕταιρική Χρηματοδότηση και Βιώσιμες Επενδύσεις6
MBAN-671DGΕπιχειρησιακές Διαδικασίες και Συστήματα6
MBAN-672DGΠαγκοσμιοποίηση και Διεθνείς Επιχειρηματικές Προκλήσεις6
MBAN-701DGΟργανωσιακή Συμπεριφορά6
MBAN-702DGΕπιχειρηματική Δεοντολογία6
MBAN-710DGΜέθοδοι και Εργαλεία Λήψης Αποφάσεων6
MBAN-720DGΑρχές Ακαδημαϊκής Έρευνας6
MBAN-748DGΣυμπεριφορά Καταναλωτών6
MBAN-749DGΜάρκετινγκ Επιχειρησιακών Υπηρεσιών6
MBAN-752DGΜάρκετινγκ Επικοινωνιών6
MBAN-754DGΑνάλυση Χαρτοφυλακίου6
MBAN-755DGΧρηματοπιστωτικές Αγορές και Ιδρύματα6
MBAN-756DGΔιαχείριση Οικονομικών Κινδύνων6
MBAN-757DGΠαγκόσμιες Οικονομικές Στρατηγικές6

Section: D, Unallocated Courses

Min. ECTS Credits: 0 Max. ECTS Credits: 0

English Semester Breakdown

Semester 1

Course IDCourse TitleECTS CreditsLecturer
MBAN-680DEHR Mgt and Organizational Effectiveness6Prof. Maria Michailidis
MBAN-630DEFinancial and Managerial Accounting6Prof. Melpo Iacovidou
MBAN-720DEScholarship and Research6Prof. Leonidas Efthymiou
MBAN-607DEPerformance Management and Compensation Systems6Prof. Joana Vassilopoulou
MBAN-749DEMarketing of Services6Prof. Ioanna Papasolomou

Semester 2

Course IDCourse TitleECTS CreditsLecturer
MBAN-650DEStrategic Marketing6Prof. Demetris Vrontis
MBAN-660DECorporate Strategy6Neophytos Karamanos
MBAN-710DEDecision Making Methods and Tools6Janell Komodromou
MBAN-608DEEmployee Resourcing and Employee Development6Prof. Joana Vassilopoulou
MBAN-757DEGlobal Financial Strategies6Repousis S.

Semester 3

Course IDCourse TitleECTS CreditsLecturer
MBAN-620DEBusiness Economics6Prof. Spyros Hadjidakis
MBAN-640DEFinancial Management6Prof. Svetlana Sapuric
MBAN-671DEBusiness Process Management6Prof. Angeliki Kokkinaki
MBAN-672DEGlobalization and International Business Challenges6Prof. Epaminondas Epaminonda
MBAN-606DEDiversity, Equity and Inclusion6Athanasios Tsirikas

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”.

Greek Semester Breakdown

Εξάμηνο 1

Course IDCourse TitleECTS CreditsLecturer
MBAN-680DGΔιαχείριση Ανθρώπινου Δυναμικού και Οργανωσιακή Αποτελεσματικότητα6Prof. Μαρία Μιχαηλίδης
MBAN-630DGΧρηματοοικονομική και Διοικητική Λογιστική6Prof. Μέλπω Ιακωβίδου
MBAN-720DGΑρχές Ακαδημαϊκής Έρευνας6Prof. Λεωνίδας Ευθυμίου
MBAN-607DGΣυστήματα Διαχείρισης Απόδοσης και Ανταμοιβής6Prof. Λευτέρης Κρέτσος
MBAN-752DGΜάρκετινγκ Επικοινωνιών6Prof. Σόλων Μαγγρίζος

Εξάμηνο 2

Course IDCourse TitleECTS CreditsLecturer
MBAN-660DGΕταιρική Στρατηγική6Prof. Νεόφυτος Καράμανος
MBAN-650DGΣτρατηγικό Μάρκετινγκ6Prof. Άλκης Θράσσου
MBAN-710DGΜέθοδοι και Εργαλεία Λήψης Αποφάσεων6Prof. Χαριτίνη Τσαγκάρη
MBAN-748DGΣυμπεριφορά Καταναλωτών6
MBAN-757DGΠαγκόσμιες Οικονομικές Στρατηγικές6Repousis S.

Εξάμηνο 3

Course IDCourse TitleECTS CreditsLecturer
MBAN-620DGΟικονομική των Επιχειρήσεων6Prof. Σπύρος Χατζηδάκης
MBAN-640DGΧρηματοοικονομική Διοίκηση6Prof. Πέτρος Λοής
MBAN-671DGΕπιχειρησιακές Διαδικασίες και Συστήματα6Prof. Αγγελική Κοκκινάκη
MBAN-672DGΠαγκοσμιοποίηση και Διεθνείς Επιχειρηματικές Προκλήσεις6Prof. Αθανάσιος Τσιρίκας
MBAN-702DGΕπιχειρηματική Δεοντολογία6

Σημείωση: Το πιο πάνω πρόγραμμα ανά εξάμηνο είναι ενδεικτικό. Μερικά από τα μαθήματα είναι επιλογής και μπορούν να αντικατασταθούν με άλλα.

Faculty