Program Overview

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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.

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.

Access to Further Studies

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

Admission

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

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:

• Demonstrate effective leadership and management skills with heightened cultural awareness and a refined global outlook
• Demonstrate academic independence and synthesise their individual professional profile when dealing with major issues relating to their career
• Perform in-depth academic research
• 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
• 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
• Design and run effective organisations and assist them in achieving superior performance
• Manage the Human Resources of their organisation and motivate people to achieve their organisation’s vision
• Evaluate their organisation’s competitive position and apply appropriate marketing and strategy decisions for further enhancement of its position
• Utilise the complex processes underlining the development and manufacture of products as well as the creation and delivery of services
• Apply a balance between scientific research and business reality.

English Academic Path

Section: A Foundation Courses

ECTS: Min. 0 Max. 0

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

Section: B Compulsory Courses

ECTS: Min. 36 Max. 36

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

Section: C Concentration: Energy, Oil and Natural Gas

ECTS: Min. 54 Max. 54

• MBAN-671 Business Processes and Systems 6
• MBAN-672 Globalization and International Business Challenges 6
• MBAN-710 Decision Making Methods and Tools 6
• MBAN-720 Scholarship and Research 6
• MBAN-760 Thesis in Energy, Oil and Natural Gas 30
• MBAN-761 Hydrocarbon (HCB) Markets and Economics 6
• MBAN-762 EU Energy Strategy 6
• MBAN-763 Energy Safety and Risk Management in the HCB Industry 6
• MBAN-764 Environmental Impact Assessment in the HCB Industry 6
• MBAN-765 LNG Systems and Markets 6
• MBAN-766 Energy and Geopolitics 6

Greek Academic Path

Section: A Προπαρασκευαστικά Μαθήματα

ECTS: Min. 0 Max. 0

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

Section: B Υποχρεωτικά Μαθήματα

ECTS: Min. 36 Max. 36

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

Section: C Κατεύθυνση: Διαχείριση Πετρελαίου, Φυσικού Αερίου και Ενέργειας

ECTS: Min. 54 Max. 54

• MBAN-671G Επιχειρησιακές Διαδικασίες και Συστήματα 6
• MBAN-672G Παγκοσμιοποίηση και Διεθνείς Επιχειρηματικές Προκλήσεις 6
• MBAN-710G Μέθοδοι και Εργαλεία Λήψης Αποφάσεων 6
• MBAN-720G Αρχές Ακαδημαϊκής Έρευνας 6
• MBAN-760G Πτυχιακή στη Διαχείριση Πετρελαίου, Φυσικού Αερίου και Ενέργειας 30
• MBAN-761G Οι Αγορές και τα Οικονομικά των Υδρογονανθράκων 6
• MBAN-762G Ενεργειακή Στρατηγική της ΕΕ 6
• MBAN-763G Ασφάλεια και Διαχείριση Ρίσκου στη Βιομηχανία Υδρογονανθράκων 6
• MBAN-764G Εκτίμηση Περιβαλλοντικών Επιπτώσεων στη Βιομηχανία 6
• MBAN-765G Συστήματα και Αγορές Υγροποιημένου Φυσικού Αερίου 6
• MBAN-766G Ενέργεια και Γεωπολιτική 6

English Semester Breakdown

Semester 1

• MBAN-610 Organizations and HR Management 6
• MBAN-620 Business Economics 6
• MBAN-630 Financial and Managerial Accounting 6
• MBAN-650 Strategic Marketing 6
• MBAN-762 EU Energy Strategy 6

Semester 2

• MBAN-640 Financial Management 6
• MBAN-660 Corporate Strategy 6
• MBAN-710 Decision Making Methods and Tools 6
• MBAN-720 Scholarship and Research 6
• MBAN-766 Energy and Geopolitics 6

Semester 3

• MBAN-760 Thesis in Energy, Oil and Natural Gas 30

Greek Semester Breakdown

Εξάμηνο 1

• MBAN-610G Οργανισμοί και Διαχείριση Ανθρώπινου Δυναμικού 6
• MBAN-620G Οικονομική των Επιχειρήσεων 6
• MBAN-630G Χρηματοοικονομική και Διοικητική Λογιστική 6
• MBAN-650G Στρατηγικό Μάρκετινγκ 6
• MBAN-762G Ενεργειακή Στρατηγική της ΕΕ 6

Εξάμηνο 2

• MBAN-640G Χρηματοοικονομική Διοίκηση 6
• MBAN-660G Εταιρική Στρατηγική 6
• MBAN-710G Μέθοδοι και Εργαλεία Λήψης Αποφάσεων 6
• MBAN-720G Αρχές Ακαδημαϊκής Έρευνας 6
• MBAN-766G Ενέργεια και Γεωπολιτική 6

Εξάμηνο 3

• MBAN-760G Πτυχιακή στη Διαχείριση Πετρελαίου, Φυσικού Αερίου και Ενέργειας 30

Faculty

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

Adjunct Faculty

• Dr Paraskevi Tsoutsa
• Dr Neophytos Karamanos