Program Overview

---

Business Administration (MBA, 1.5 Years or 3 Semesters)

Duration

1.5 years (3 Semesters)

Qualification Awarded

Master of Business Administration

Level of Qualification

Master Degree (2nd Cycle)

Language of Instruction

English and Greek

Mode of Study

Full-time or Part-time

Minimum ECTS Credits

90

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:

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

Admission Criteria

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:

• Proficiency in Greek for the Programme offered in the Greek Language
• 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.

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. The University offers English courses at various levels to help students reach the required standard for admission to a graduate program.

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 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.

Learning Outcomes

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

English Academic Path

Section: A – Foundation Courses

• MBAN-540 Foundations in Economics (0 ECTS)
• MBAN-550 Foundations in Accounting (0 ECTS)
• MBAN-560 Foundations in Statistics and Research (0 ECTS)

Section: B – Compulsory Courses

• MBAN-610 Organizations and HR Management (6 ECTS)
• MBAN-620 Business Economics (6 ECTS)
• MBAN-630 Financial and Managerial Accounting (6 ECTS)
• MBAN-640 Financial Management (6 ECTS)
• MBAN-650 Strategic Marketing (6 ECTS)
• MBAN-660 Corporate Strategy (6 ECTS)

Section: C – Required and Free Electives

• MBAN-671 Business Processes and Systems (6 ECTS)
• MBAN-672 Globalization and International Business Challenges (6 ECTS)
• MBAN-681 Consultancy Process (6 ECTS)
• MBAN-682 Supply Chain Management (6 ECTS)
• MBAN-683 Managing Change (6 ECTS)
• MBAN-684 Knowledge Management (6 ECTS)
• MBAN-686 Agricultural Policy (6 ECTS)
• MBAN-687 Agricultural Production, Costing, Financing and Insurance (6 ECTS)
• MBAN-688 Marketing of Food and Agricultural Products (6 ECTS)
• MBAN-702 Integrity in Organizations (6 ECTS)
• MBAN-710 Decision Making Methods and Tools (6 ECTS)
• MBAN-720 Scholarship and Research (6 ECTS)
• MBAN-734 Relationship Marketing (6 ECTS)
• MBAN-748 Consumer Behaviour (6 ECTS)
• MBAN-749 Marketing of Services (6 ECTS)
• MBAN-751 Corporate Social Responsibility (6 ECTS)
• MBAN-752 Marketing Communications (6 ECTS)
• MBAN-753 Global Marketing (6 ECTS)
• MBAN-754 Portfolio Analysis (6 ECTS)
• MBAN-755 Financial Markets and Institutions (6 ECTS)
• MBAN-756 Financial Risk Management (6 ECTS)
• MBAN-757 Global Financial Strategies (6 ECTS)
• MBAN-758 Working Capital Management (6 ECTS)
• MBAN-759 Advanced Corporate Finance (6 ECTS)
• MBAN-761 Hydrocarbon (HCB) Markets and Economics (6 ECTS)
• MBAN-762 EU Energy Strategy (6 ECTS)
• MBAN-763 Energy Safety and Risk Management in the HCB Industry (6 ECTS)
• MBAN-764 Environmental Impact Assessment in the HCB Industry (6 ECTS)
• MBAN-765 LNG Systems and Markets (6 ECTS)
• MBAN-766 Energy and Geopolitics (6 ECTS)
• MBAN-767 HR and Organizational Development (6 ECTS)
• MBAN-768 Managing Performance (6 ECTS)
• MBAN-778 Leadership and Innovation (6 ECTS)
• MBAN-779 Managing Diversity in Organizations (6 ECTS)
• MBAN-788 Entrepreneurship and Startup Management (6 ECTS)
• MBAN-789 Management of Technological Innovation (6 ECTS)
• MBAN-790 Managing SMEs and Family Businesses (6 ECTS)
• MBAN-797 Digital Business Transformation (6 ECTS)
• MBAN-798 Web Design and Development (6 ECTS)
• MBAN-799 Project Management (6 ECTS)

Section: D – Unallocated Courses

Greek Academic Path

Section: A – Προπαρασκευαστικά Μαθήματα

• MBAN-540G Οικονομικά (0 ECTS)
• MBAN-550G Λογιστική (0 ECTS)
• MBAN-560G Στατιστική και Έρευνα (0 ECTS)

Section: B – Υποχρεωτικά Μαθήματα

• MBAN-610G Οργανισμοί και Διαχείριση Ανθρώπινου Δυναμικού (6 ECTS)
• MBAN-620G Οικονομική των Επιχειρήσεων (6 ECTS)
• MBAN-630G Χρηματοοικονομική και Διοικητική Λογιστική (6 ECTS)
• MBAN-640G Χρηματοοικονομική Διοίκηση (6 ECTS)
• MBAN-650G Στρατηγικό Μάρκετινγκ (6 ECTS)
• MBAN-660G Εταιρική Στρατηγική (6 ECTS)

Section: C – Υποχρεωτικά και Ελεύθερης Επιλογής Μαθήματα

• MBAN-671G Επιχειρησιακές Διαδικασίες και Συστήματα (6 ECTS)
• MBAN-672G Παγκοσμιοποίηση και Διεθνείς Επιχειρηματικές Προκλήσεις (6 ECTS)
• MBAN-681G Διαδικασίες Συμβουλευτικών Υπηρεσιών (6 ECTS)
• MBAN-682G Εφοδιαστική Αλυσίδα (6 ECTS)
• MBAN-683G Διαχείριση Επιχειρησιακής Αλλαγής (6 ECTS)
• MBAN-684G Διαχείριση Γνώσης (6 ECTS)
• MBAN-686G Γεωργική Πολιτική (6 ECTS)
• MBAN-687G Κοστολόγηση Γεωργικής Παραγωγής, Χρηματοδότηση και Ασφάλιση (6 ECTS)
• MBAN-688G Μάρκετινγκ Γεωργικών Προϊόντων και Τροφίμων (6 ECTS)
• MBAN-702G Επιχειρηματική Δεοντολογία (6 ECTS)
• MBAN-710G Μέθοδοι και Εργαλεία Λήψης Αποφάσεων (6 ECTS)
• MBAN-720G Αρχές Ακαδημαϊκής Έρευνας (6 ECTS)
• MBAN-734G Μάρκετινγκ Επιχειρησιακών Σχέσεων (6 ECTS)
• MBAN-748G Συμπεριφορά Καταναλωτών (6 ECTS)
• MBAN-749G Μάρκετινγκ Επιχειρησιακών Υπηρεσιών (6 ECTS)
• MBAN-751G Εταιρική Κοινωνική Ευθύνη (6 ECTS)
• MBAN-752G Μάρκετινγκ Επιχειρησιακών Επικοινωνιών (6 ECTS)
• MBAN-753G Διεθνές Μάρκετινγκ (6 ECTS)
• MBAN-754G Ανάλυση Χαρτοφυλακίου (6 ECTS)
• MBAN-755G Χρηματοπιστωτικές Αγορές και Ιδρύματα (6 ECTS)
• MBAN-756G Διαχείριση Οικονομικών Κινδύνων (6 ECTS)
• MBAN-757G Παγκόσμιες Οικονομικές Στρατηγικές (6 ECTS)
• MBAN-758G Διοίκηση Κεφαλαίου Κίνησης (6 ECTS)
• MBAN-761G Οι Αγορές και τα Οικονομικά των Υδρογονανθράκων (6 ECTS)
• MBAN-762G Ενεργειακή Στρατηγική της ΕΕ (6 ECTS)
• MBAN-763G Ασφάλεια και Διαχείριση Ρίσκου στη Βιομηχανία Υδρογονανθράκων (6 ECTS)
• MBAN-764G Εκτίμηση Περιβαλλοντικών Επιπτώσεων στη Βιομηχανία (6 ECTS)
• MBAN-765G Συστήματα και Αγορές Υγροποιημένου Φυσικού Αερίου (6 ECTS)
• MBAN-766G Ενέργεια και Γεωπολιτική (6 ECTS)
• MBAN-767G Ανθρώπινο Δυναμικό και Οργανωτική Ανάπτυξη (6 ECTS)
• MBAN-768G Διαχείριση Αποδοτικότητας (6 ECTS)
• MBAN-778G Ηγεσία και Καινοτομία (6 ECTS)
• MBAN-779G Διαχείριση της Διαφορετικότητας σε Οργανισμούς (6 ECTS)
• MBAN-788G Επιχειρηματικότητα και Νεοφυείς Επιχειρήσεις (6 ECTS)
• MBAN-789G Διαχείριση Τεχνολογικής Καινοτομίας (6 ECTS)
• MBAN-790G Διαχείριση Οικογενειακών και Μικρομεσαίων Επιχειρήσεων (6 ECTS)
• MBAN-797G Ψηφιακός Μετασχηματισμός και Επιχειρήσεις (6 ECTS)
• MBAN-798G Σχεδιασμός και Ανάπτυξη Ιστοσελίδων (6 ECTS)
• MBAN-799G Διαχείριση Έργων (6 ECTS)

Section: D – Unallocated Courses

English Semester Breakdown

Semester 1

• MBAN-610 Organizations and HR Management (6 ECTS)
• MBAN-620 Business Economics (6 ECTS)
• MBAN-630 Financial and Managerial Accounting (6 ECTS)
• MBAN-650 Strategic Marketing (6 ECTS)
• MBAN-748 Consumer Behaviour (6 ECTS)

Semester 2

• MBAN-640 Financial Management (6 ECTS)
• MBAN-660 Corporate Strategy (6 ECTS)
• MBAN-710 Decision Making Methods and Tools (6 ECTS)
• MBAN-720 Scholarship and Research (6 ECTS)
• MBAN-754 Portfolio Analysis (6 ECTS)

Semester 3

• MBAN-671 Business Processes and Systems (6 ECTS)
• MBAN-672 Globalization and International Business Challenges (6 ECTS)
• MBAN-702 Integrity in Organizations (6 ECTS)
• MBAN-762 EU Energy Strategy (6 ECTS)
• MBAN-797 Digital Business Transformation (6 ECTS)

Greek Semester Breakdown

Semester 1

• MBAN-610G Οργανισμοί και Διαχείριση Ανθρώπινου Δυναμικού (6 ECTS)
• MBAN-620G Οικονομική των Επιχειρήσεων (6 ECTS)
• MBAN-630G Χρηματοοικονομική και Διοικητική Λογιστική (6 ECTS)
• MBAN-650G Στρατηγικό Μάρκετινγκ (6 ECTS)
• MBAN-748G Συμπεριφορά Καταναλωτών (6 ECTS)

Semester 2

• MBAN-640G Χρηματοοικονομική Διοίκηση (6 ECTS)
• MBAN-660G Εταιρική Στρατηγική (6 ECTS)
• MBAN-710G Μέθοδοι και Εργαλεία Λήψης Αποφάσεων (6 ECTS)
• MBAN-720G Αρχές Ακαδημαϊκής Έρευνας (6 ECTS)
• MBAN-754G Ανάλυση Χαρτοφυλακίου (6 ECTS)

Semester 3

• MBAN-671G Επιχειρησιακές Διαδικασίες και Συστήματα (6 ECTS)
• MBAN-672G Παγκοσμιοποίηση και Διεθνείς Επιχειρηματικές Προκλήσεις (6 ECTS)
• MBAN-702G Επιχειρηματική Δεοντολογία (6 ECTS)
• MBAN-762G Ενεργειακή Στρατηγική της ΕΕ (6 ECTS)
• MBAN-797G Ψηφιακός Μετασχηματισμός και Επιχειρήσεις (6 ECTS)

Faculty

• Dr Alexandros Antonaras
• Dr Marlen Demetriou
• Dr Epaminondas Epaminonda
• Dr Spyros Hadjidakis
• Dr Melpo Iacovidou
• Professor Nicos Kartakoullis
• Professor Rudiger Kaufmann
• Professor Angelika Kokkinaki
• Professor Despo Ktoridou
• Professor Petros Lois
• Professor Maria Michailidis
• Professor Ioanna Papasolomou
• Dr Svetlana Sapuric
• Professor Alkis Thrassou
• Professor Theodoros Tsakiris
• Professor Haritini Tsangari
• Professor Demetris Vrontis

Adjunct Faculty

• Dr Neophytos Karamanos
• Dr Georgia Katsifaraki
• Dr Stelios Markoulis
• Dr Spyridon Repousis
• Dr Evangelos Tsoukatos
• Dr Paraskevi Tsoutsa
• Dr Charalambos Vlados