Fast track your career in Accounting and Finance
- 2 years in Cyprus and 2 years in the UK
- Professional experience with Deloitte
- Professional qualification exemptions
Deloitte, University of Nicosia, Bayes Business School and Globaltraining Join Forces.
Academic studies in Accounting and Finance
at University of Nicosia and the Bayes Business School
Professional Experience with Deloitte
Workshops and Internship opportunities
Professional Qualifications Fast Track
Nicosia, Cyprus and London, UK
About this Collaboration
This international collaboration provides an innovative study route for students eager to distinguish themselves in the globally competitive professional environment.
The collaboration offers candidates the opportunity to obtain the City University of London (Bayes Business School (formerly Cass)) Bachelor Degree “BSc Accounting and Finance”, while building their professional skills working alongside Deloitte professionals.
Academic and Professional Benefits
The aim of this collaboration is to maximize the learning and experience of students through two years of academic studies at UNIC, followed by two years at Bayes, during which they attend Deloitte workshops and also engage in rich internship experiences with Deloitte.
It is ideal for students intending to pursue a career in the accounting profession and financial services industry, be it as Auditors, Tax advisers, Risk management consultants, Data analysts or in any other specialty where financial accounting is a central element.
In view of the constant change in the landscape of the accounting profession and the constant search for innovation and excellence, an innovative package was designed, which intends to equip ambitious students with the knowledge and experience required to maximise their career opportunities and also their earning potential.
This collaboration seeks to provide students with the skills employers in the field are looking for, such as: detailed knowledge of financial accounting, financial reporting, auditing, taxation, risk management, cost and management accounting and financial statements analysis. The academic knowledge, together with practical work competences, will give candidates the confidence to succeed in a wide range of accounting and
business job positions.
Through this collaboration, students can, in as little as 4 years, complete their academic studies and obtain their degree from Bayes– BSc in Accounting and Finance.
Furthermore, they can take advantage of the exemptions they can gain for professional qualifications such as the ACCA and ACA.
This programme would be of particular interest to anyone eager to pursue a professional qualification such as the ACA, ACCA, CFA, ADIT, CMA, CPA and CIA accordingly. This programme provides additional advantages such as exemptions for qualifications for the ACCA and ACA, and automatic registration for the University Student Scheme of the ICAEW and the Accelerate programme of the ACCA.
Professional experience with Deloitte
Equally important to academic degrees and professional qualifications is exposure to the real work experience.
Students enrolled in the international programme in Accounting and Finance will participate in tailored and prestigious business skills workshops delivered by Deloitte professionals. They will also experience the life of Deloitte professionals through the internships offered to them. Students can earn up to 32 weeks (approximately 160 days) of professional experience and knowledge, which is vital for the required practical work element, leading to their elected Professional Qualification. As such, they may be eligible to become a member of a Professional Body (such as ICAEW and ACCA) earlier, as their internship period will count as training experience for their qualification.
Employability and business skills workshops
Students will also attend a number of employability and business skills workshops which will take place during the Summer semester of the 1st year of academic studies with UNIC. These will be assessed workshops and will act as an integral element of training with Deloitte. The areas of focus will be:
- Analytical thinking and problem solving
- Compliance and legislative implications
- Communication skills and working in teams
- Ethical and professional standards in practice
- Innovation and technology topics, such as cybersecurity and cloud computing, fintech, big data and data analytics, the impact of artificial intelligence
- Emotional intelligence
- Professional judgement and creativity in practice
School Apolytirion of at least average 19/20 overall (including 19/20 and above in Maths) or a minimum of AAA in A-Levels (preferably in Accounting, Economics, and Mathematics, or equivalent).
Any Cyprus public school results on individual modules – could be considered as GCE A’ levels, grade A (e.g. final grade 19/20 and above in Accounting, Maths, Physics, Economics).
The number of student places is very limited. Deloitte also reserves the right to select the successful candidates to participate in the practical component of this programme.
An interview and official recruitment process will be organised by Deloitte concerning the practical component.
How it works
Upon commencement of the programme, Deloitte will invite candidates meeting the above degree entry criteria for an interview and skills assessment for the Deloitte internship programme. Successful candidates will then join the programme and will follow the specified semester breakdown. Students will not have the option to select their modules to be attended each semester.
As the Accounting degrees in both UNIC and Bayes follow a flexible credit transfer system (ECTS), credits will be awarded for the Bayes degree, assuming academic courses are completed at UNIC and vice versa.
Throughout the design of these degrees, core topics have been selected to be completed through academic courses, to obtain the maximum of exemptions from specific professional qualifications.
Students will secure internships with Deloitte that will run during the 2nd and 3rd years. By performing well on their internships and by achieving a minimum of 2:1 (Bayes) or 3.5 CPA (UNIC) throughout the degree, students may be potentially eligible for a graduate job offer from Deloitte.
Yearly Breakdown of Study Route
- Full-time study at the University of Nicosia, taking 5 modules in each of the Fall and Spring semesters respectively and 2 modules in the Summer semester.
- Furthermore, over two weeks in June, business and employability skills workshops will run with a focus on areas listed in Academic and Professional Benefits section.
- Full-time and part-time study at UNIC, taking 5 modules in the Fall semester, 2 modules in the Spring semester and 2 modules in the Summer semester.
- Over the Spring and Summer Semesters, students will be, alongside their studies, joining a 16-20 week internship.
- The Deloitte internship ensures confirmed participation, without any preliminary conditions before attending.
- Students have the opportunity to transfer to Bayes Business School to obtain the Bayes Bachelor Degree “BSc Accounting and Finance”.
- Full-time study at Bayes Business School, taking 5 modules in each of the Fall and Spring semesters respectively.
- Over the Summer Semester, students will attend a 12-16 week internship, without any other academic courses.
- By performing well on their internships and throughout the degree by achieving a minimum of 2:1 (Bayes) or 3.5 CPA (UNIC), students may be potentially eligible for a conditional graduate job offer by Deloitte, upon completion of their studies, one level up from where most graduates start.
- Full-time study at the Bayes Business School taking 5 modules in each of the Fall and Spring semesters respectively.
- There would be no further internship during the Summer semester.
- Students can opt to complete their remaining Papers for ACA or ACCA accordingly by attending the remaining modules, leading
to the Professional Qualifications, with Globaltraining, Nicosia.
- This programme is designed for students also pursuing a career in any service line of the Financial Sector. Following their academic studies, participants could secure a job position with Deloitte, while continuing their studies to obtain other professional qualifications, such as; ACA, ACCA, CFA, ADIT, CMA, CPA and CIA.
- Professional qualifications could be sponsored by Deloitte and it is expected that students will need about 1-2 years postgraduation, for their completion of the professional exams leading towards membership.
- Students will also be eligible to become a member earlier than three years, post their academic studies, as the experience gained from their internships can also be taken into account for their required training experience for the designated professional qualification bodies.
Annual tuition fees at the University of Nicosia are €8.880 for EU students and €9.120 for international students for the 2019/20 academic year.
Annual tuition fees at Bayes Business School are £9.250 for EU students and £19.000 for international students for the 2020 intake.
Students opting to also proceed with their professional qualification exams will incur an additional cost depending on the mode of delivery of papers opted.
Other fees such as application, registration etc are not included.
Each Academic Year, the Government of Cyprus accepts applications to provide funding to students. Eligible students are all Cypriot citizens or EU citizens who are permanent residents of the Republic of Cyprus. More information online: www.moec.gov.cy/ypiresia_foititikis_merimnas
Students registered in this programme are not eligible for any further UNIC academic scholarships.
City, University of London provides and recommends a number of funding options to help students meet the cost of university.
Specifically, a Bayes Business School International Scholarship is available. This is a merit-based scholarship for overseas students applying for Bayes undergraduate courses. International students starting a Bayes undergraduate course are eligible for this scholarship, which is awarded based on academic merit: https://www.bayes.city.ac.uk/study/undergraduate/application-and-funding/scholarships
Deloitte will sponsor the internships for students, who could potentially use this income to partially repay their academic fees.
Living and Studying in Nicosia, Cyprus
The capital of Cyprus, Nicosia, is a vibrant city, where the ancient past and contemporary present blend seamlessly. This popular destination for over 20,000 university students has something of interest for everyone, with a mix of events, sights, shopping, sports, arts and culture, catering to a multitude of tastes. Its unique diversity and multiculturalism make it a welcoming home away from home for all students looking to immerse themselves into the city.
Cyprus is situated in the north-eastern corner of the Mediterranean, at the meeting point of Europe, Asia and Africa. Since the dawn of history, Cyprus has been one of the most interesting areas of the region, with a rich and visible cultural history. Ancient Greeks, Egyptians and Romans, along with Crusaders, Byzantines, Franks and Ottomans have all left a powerful legacy for the modern visitor to see and admire.
Cyprus is endowed with golden beaches, virgin green forests and other natural wonders. Cyprus is one of the safest countries in the world and the Cypriot people are famous for the warm and friendly welcome they extend to visitors. Like Singapore and Hong Kong, Cyprus is an important financial and business centre, with over 70% of the economy focused on services. The main industries in Cyprus are financial and professional services, banking, investment management, shipping, tourism and real estate.
Cyprus hosts the financial infrastructure for thousands of multinational companies due to its stable and modern legal and tax environment, highly educated workforce, and excellent quality of life (Cyprus has the highest number of chartered/certified accountants per-capita in the world).
On the tourism side, Cyprus has over 1,000 hotels and resorts and one of the most developed tourism infrastructures per-capita in the world. Cyprus is also a global maritime hub. It is the 2nd largest ship management centre in the world, responsible for maintaining and operating a large percentage of the world’s fleets. It also has the 3rd largest merchant fleet in the EU.
UNIC has very close ties to Cyprus industry, giving students the opportunity to gain real-life knowledge and experience.
Accommodation in Nicosia
Living the UNIC experience through “The New Standard in Student Accommodation”.
The University of Nicosia’s official student residences redefine modern student living. They consist of three separate complexes – SIX, U and TRIANGLE – which are among the most stunning student accommodations ever constructed in Europe. UNIC Residences provide a multitude of dining, relaxing and entertainment options for residents, including restaurants and cafes, an exclusive rooftop bar and lounge, gyms, TV rooms, games areas and more.
Located in the upscale neighbourhood of Makedonitissa, in Nicosia, the residences are surrounded by UNIC’s vibrant, urban campus that, in addition to 20 university buildings, is home to many restaurants, coffee shops, pubs and bars, all within walking distance. For more information please visit residences.unic.ac.cy
Living and Studying in London, UK
London is one of the world’s most exciting cities. City, University of London’s central yet quiet location means our students benefit from all that the city has to offer.
Named the best city worldwide in which to study by QS Best Student Cities 2018, London is described as “a nerve-centre of global academia”. But it’s not just all work and no play. However you like to spend your free time, life at City offers a huge range of opportunities for international students.
City is located in Islington with excellent transport links, with rail and underground stations close by and the option of walking to many of London’s attractions. London is also the gateway to the rest of the UK, Europe and the world, providing international students with opportunities to explore and discover further afield.
Accommodation in London
All students can choose to live in one of City’s modern and centrally located halls of residence. Moving to a big city can seem intimidating but it’s much easier if you have arranged somewhere to live that is comfortable and close to other students. City offers a range of accommodation, including contemporary and newly refurbished halls of residence a short walk from the main City buildings, as well as private accommodation. All prospective full-time students can apply for a place in the halls of residence and City guarantees one to all first-year undergraduates who accept a place at City before the accommodation deadline. Whether you want to live in halls or privately rented housing, City’s Student Centre’s Accommodation team can help.
Halls of Residence
Living with other students provides a great opportunity to meet new people from different courses and backgrounds. City has self-catered halls of residence located only a short walk from the main City buildings. Each with a team of management staff, halls have private, modern study bedrooms and communal living spaces where you can cook, relax and feel at home. If you do not want a place in halls, the University of London Private Housing Services can provide information to help you find accommodation in the private sector. Ideally you would need to view private housing prior to booking it. July and August are the best times to find private accommodation in London for the following academic year. Costs of private accommodation in central London can be expensive. Keep in mind that your heating, electricity and hot water expenses will probably not be included as part of your rent and you will also have to pay a refundable deposit. It may be less expensive to live further away, but this will mean you will have travel costs. For an idea of what you may have to pay and a private housing guide, visit: www.housing.london.ac.uk/housing-guide
University of London Housing Services
City students have full access to Private Housing Advisors, legal housing advice, a contract checking service and various housing events held throughout the year.
Find out more
On the City University of London website you will find the most up-to-date information about when and how to apply for halls of residence, costs, different types of accommodation, bursaries and special requirements, visit: www.city.ac.uk/accommodation To explore the options for accommodation in the private sector, visit: www.housing.london.ac.uk
Deloitte is one of the world’s largest leading professional services firm, providing audit and assurance, tax and legal, consulting, financial advisory and risk advisory services to public and private clients spanning multiple industries.
The University of Nicosia (UNIC) is the largest university in Cyprus and the largest university in Southern Europe that teaches primarily in English, with over 12,000 students from over 70 countries across the globe.
Bayes Business School is one of City University of London’s five Schools. It is among Europe’s leading business schools and in the global elite that hold the gold standard of ‘triple-crown’ accreditation, from AACSB, AMBA and EQUIS.
Globaltraining is a professional training organisation that is affiliated with the University of Nicosia, specializing in the financial sector. Globaltraining is a pioneer in education and training in Europe and the rest of the world.