Department of Accounting, Economics and Finance2024-04-16T17:14:07+03:00

Department of Accounting, Economics and Finance

School of Business

Department of Accounting, Economics and Finance

Our commitment to education in Accounting, Economics and Finance mirrors the importance of the field to the island. Cyprus is a thriving global business hub, which boasts strong accounting services, investment opportunities, modern and robust tax and legal systems, and advanced local infrastructure. Coupled with its strategic location, this makes the island an ideal choice for investors worldwide and a perfect destination to study Accounting, Economics and Finance. Through the years, we have dedicated ourselves to providing top-quality education in the fields of accounting, banking, economics and finance. The results of the 2024 Times Higher Education (THE) World University Rankings by Subject reinforce the University of Nicosia’s global standing in Business and Economics education, ranking it among the Top 201-250 universities in the world for Business and Economics. Correspondingly, the results place UNIC as #45 in the European Union and as #1 in Cyprus and Greece, in this subject area.   

Our tradition of academic and professional successes extends to the ACCA, ICAEW and CFA exams. Our Accounting programmes provide you with the ability to implement business critical thinking, problem solving and financial decision making within a complex and changing global business environment. You will graduate with a degree that equips you with the theory and practical accounting skills that employers want, enhancing your employability. Our Economics and Finance programmes provide you with an intrinsic understanding of the economic and financial framework within which a business operates, as well as the ways in which domestic and international economic conditions affect business decision making. You will learn to put the above into practice, making you an appealing prospect for future employers. 

The Department of Accounting, Economics, and Finance has a longstanding relationship with the Association of Chartered Certified Accountants (ACCA). Students enrolled in the BSc Accounting programme are eligible to receive nine exemptions out of the total thirteen exam papers required for the ACCA Qualification upon completion of their degree and passing specific modules/courses.

Why Study Accounting, Economics and Finance at UNIC

  • One of the leading departments in Accounting, Finance and Economics in the region

  • 9 exemptions from ACCA (Certified Accountants), the highest possible number of exemptions

  • Faculty members that are engaged in extensive research in fields such as Capital Markets, Wealth Management, and European Integration

  • Learning Partner of ICAEW, with graduates eligible for exemptions (ACA, Chartered Accountants)

  • Joint Masters Programme in Banking, Accounting and Finance with the Hellenic Open University

  • Student participation in the annual Chartered Financial Analyst (CFA) Research Challenge, with the 2019 student team winning first prize

  • UNIC named the only Principles for Responsible Management Education (PRME) Champion in Cyprus, Greece, and Southeastern Europe for sustainable business education

  • Cyprus has a sophisticated and advanced financial services sector, including investment management

What our Students say

From Cyprus to Deloitte Global

When I look back, I regard my choice to spend my student years in Cyprus and at UNIC, in particular, as an important landmark in both my personal and professional development. The international environment and the opportunity to combine first-class studies and training with practical knowledge was a great approach and an extraordinary experience, which fully prepared me both for the hurdles one faces as an adult and the challenges in the globalised business world we now live in.

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Milena Domanova, Manager, Global Compliance Europe, Deloitte Global Tax Centre (Europe). Business Administration, Class of 2008. MBA – Concentration in Finance, Class of 2012

“The Accounting Department at UNIC offered me a great foundation in my field of study. My lecturers were always easy to approach and eager to help, providing me with the key fundamentals in both the practical and theoretical aspects of Accounting. My time at UNIC also allowed me to gain important insight into other related topics, including Law, Mathematics, and Economics, making it a very complete programme. My degree from UNIC has opened many doors for me.”

Katerina Evangelou, Accounting, Class of 2019

“The high quality of teaching in the Accounting Department is a reflection of the high standard of education offered at UNIC. My time at the University was replete with positive experiences. It opened a door to a diverse new world and bestowed me with all that I need to succeed. I loved that I had the opportunity to meet people from every corner of the world and study with them. They helped me learn about new cultures and different lifestyles, and explore different ways of thought.”

Stavroula Sergiou, Accounting, Class of 2015

Department Events

With the aim of supporting young people in connecting with the local and international job market, and linking businesses with the University, its students and graduates, the Career Success Centre of the University of Nicosia is organising sector-specific job fairs.

With the aim of supporting young people in connecting with the local and international job market, and linking businesses with the University, its students and graduates, the Career Success Centre of the University of Nicosia is organising sector-specific job fairs.

Each year, the University of Nicosia Graduation Ceremonies are broadcast live online.

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