PROGRAM DETAILS
Duration4 years (full time)
Fees
€8,760 per year
LanguageEnglish
CampusLimassol
DOWNLOAD BROCHUREThe Program aspires to contribute to strengthening Cyprus’ competitive advantages in financial services in the European and global context. As a direct response to the needs of the society and of the industry, the program aims to provide students with the knowledge and skills needed for a career and further academic progression of studies in accounting and finance. The design of the program syllabi provides both the academic and practical knowledge needed for laying the foundation for postgraduate studies in accounting and finance and obtaining professional qualifications in accounting.
The main objectives of the program can be summarized as follows:
- To equip students with knowledge, competencies, and professional integrity to effectively function as specialists in the field of accounting and finance.
- To endow students with independent critical thinking, encourage creativity and academic rigor to pursue career goals and further graduate studies.
- To provide students with the opportunity to pursue a professional accounting qualification (such as ACCA, ACA etc.) with the advantage of obtaining significant exemptions from the exams from certain accounting bodies (e.g., Association of Chartered and Certified Accountants (ACCA), the Institute of Chartered Accountants of England and Wales (ICAEW) and the Association of International Accountants (AIA).
- To prepare students for a career in the investment industry by following closely the chartered financial analyst (CFA) curriculum preparing students wishing to pursue the CFA qualification.
Consistently with the mission of the university for fostering academic excellence, the program sets the following learning outcomes:
1. Record, analyze, report, and interpret financial accounting information for external reporting purposes.
2. Interpret financial information for management (internal reporting) purposes and perform cost and management accounting.
3. Use techniques and methods for preparation and audit of financial statements.
4. Outline and apply auditing theories and auditing standards.
5. Prepare tax computations in various areas of taxation for both individuals and companies and make suggestions for tax planning.
6. Apply finance techniques for capital budgeting and financing of investments.
7. Analyze financial issues relating to financial markets and the risk management of financial institutions.
8. Analyze and understand the use modern financial techniques for portfolio investments, evaluating risk and the valuation of securities.
9. Synthesize the functions of the international financial markets and the operation of the EU executive institutions.
10. Develop computer and statistical skills for analyzing data, reading, and understanding academic literature and performing research.
11. Develop specific communication skills for presentation and written reports, learn how to work in groups and participate in joint projects.
12. Develop the skills necessary to perform teamwork and leadership, creativity and information retrieval and research.
13. Enable students to cope with assessing economic information and evaluating different beliefs and opinions, develop their own set of arguments and values and apply theories to problem and economic policy issues.
14. Develop important management skills for understanding the structure of organizations and managing human resources.
15. Apply knowledge and understanding for navigating their businesses within the legal framework as applicable to individuals and corporations.
The program provides the following exemptions from professional accounting bodies:
- Up to 9 out of 13 examinations of the Association of Chartered and Certified Accountants (ACCA)
- Up to 8 out of 15 examinations of the Institute of Chartered Accountants of England and Wales (ICAEW)
- Up to 9 out of 14 examinations of the Association of International Accountants (AIA)
Eligible to have full exemptions from the ACCA’s Foundations in Accounting (FIA) qualification. These include the following:
- ACCA Diploma in Financial and Management Accounting (RQF Level 2).
- ACCA Diploma in Financial and Management Accounting (RQF Level 3)
- ACCA Diploma in Accounting and Business (RQF Level 4).
Due to the exemptions from FIA, students who complete the degree program are offered a technician-level qualification – the Certified Accounting Technician (CAT) Qualification. To achieve this award, they also need one year's relevant practical experience in an accounting role and completing an online course in ethics.
- Students who complete the degree program may be eligible to up to 5 out of 6 exams from the ICAEW Business and Finance Professional (BFP). To achieve this qualification, they also need one year's relevant practical experience in an accounting role, an online course in ethics and passing the exams for which exemptions are not awarded.
The above exemptions pave the way for graduates to obtain professional qualifications that are invaluable for a career in accounting and finance.
There are no specific admission requirements for this Program. Candidates can be admitted to the Program only if they satisfy the general admission requirements of the University.
Recognition of Prior Learning
There are no specific arrangements for recognition of prior learning for this Program. Candidates can be granted transfer credits according to the general arrangements for recognition of prior learning of the University.
There are no specific examination regulations, assessment and grading methods employed by this Program. The examination regulations, assessment methods and grading system for this Program are the same as the relevant general university regulations.
Graduation Requirements
Students are eligible for graduation after successfully completing 240 ECTS credits in the courses listed in the Program Structure.
Furthermore, a student can graduate only if their CGPA is greater or equal to 5.00 out of 10.00. Graduating students with a CGPA less than 5.00 might have to take extra courses or repeat a number of courses in order to improve their grades.
Access to Further Studies
The graduates of the Program have access to graduate studies (2nd and 3rd Cycle) in disciplines related with the discipline of Accounting and Finance and also gain access to professional qualifications (ACCA and AIA) with major exemptions from the professional examinations of professional accounting bodies.
Module Group
ECTS
The student must successfully complete 174 ECTS, from the following list of modules:
No. | Code | Name | ECTS | Hours / week |
---|---|---|---|---|
1 | ABSA101 | INTRODUCTORY ACCOUNTING I | 6 | 3 |
2 | ABSA102 | INTRODUCTORY ACCOUNTING II | 6 | 3 |
3 | ABSA203 | INTERMEDIATE FINANCIAL ACCOUNTING I | 6 | 3 |
4 | ABSA204 | INTERMEDIATE FINANCIAL ACCOUNTING II | 6 | 3 |
5 | ABSA205 | COST AND MANAGEMENT ACCOUNTING I | 6 | 3 |
6 | ABSA206 | COST AND MANAGEMENT ACCOUNTING II | 6 | 3 |
7 | ABSA307 | ADVANCED ACCOUNTING PRACTICE | 6 | 3 |
8 | ABSA408 | AUDITING THEORY & PRACTICE I | 6 | 3 |
9 | ABSA411 | AUDITING THEORY & PRACTICE II | 6 | 3 |
10 | ABSA413 | TAXATION I | 6 | 3 |
11 | ABSA414 | TAXATION II | 6 | 3 |
12 | ABSE101 | INTRODUCTION TO MICROECONOMICS | 6 | 3 |
13 | ABSE102 | INTRODUCTION TO MACROECONOMICS | 6 | 3 |
14 | ABSL210 | BUSINESS LAW I | 6 | 3 |
15 | AFIN101 | BUSINESS FINANCE I | 6 | 3 |
16 | AFIN102 | BUSINESS FINANCE II | 6 | 3 |
17 | AFIN203 | CORPORATE FINANCE | 6 | 3 |
18 | AFIN204 | DERIVATIVES & RISK MANAGEMENT | 6 | 3 |
19 | AFIN305 | FIXED INCOME & FINANCIAL INSTITUTIONS | 6 | 3 |
20 | AFIN306 | INVESTMENT ANALYSIS, PORTFOLIO THEORY & MANAGEMENT | 6 | 3 |
21 | AFMA101 | MATHEMATICS I | 6 | 3 |
22 | AFMA102 | MATHEMATICS II | 6 | 3 |
23 | AFOT101 | INTRODUCTION TO ORGANIZATIONAL THEORY I | 6 | 3 |
24 | AFOT102 | INTRODUCTION TO ORGANIZATIONAL THEORY II | 6 | 3 |
25 | AFPR449 | SENIOR PROJECT I | 6 | 3 |
26 | AFPR450 | SENIOR PROJECT II | 6 | 3 |
27 | AFRM203 | RESEARCH METHODOLOGY | 6 | 3 |
28 | AMAT112 | STATISTICS I | 6 | 3 |
29 | AMAT210 | STATISTICS II | 6 | 3 |
The student must successfully complete 54 ECTS, from the following list of modules:
No. | Code | Name | ECTS | Hours / week |
---|---|---|---|---|
1 | AFAP300 | PLACEMENT INTERNSHIP | 6 | 3 |
2 | ABSA308 | ADVANCED ACCOUNTING THEORY | 6 | 3 |
3 | ABSA310 | INTERNATIONAL ACCOUNTING | 6 | 3 |
4 | ABSA405 | ADVANCED MANAGEMENT ACCOUNTING I | 6 | 3 |
5 | ABSA406 | ADVANCED MANAGEMENT ACCOUNTING II | 6 | 3 |
6 | ABSA409 | AUDITING THEORY | 6 | 3 |
7 | ABSA412 | CORPORATION TAX | 6 | 3 |
8 | AFAT420 | ADVANCED TAXATION I | 6 | 3 |
9 | AFAT421 | ADVANCED TAXATION II | 6 | 3 |
10 | AFBE320 | ACCOUNTING AND BUSINESS ETHICS | 6 | 3 |
11 | AFRE410 | CONTEMPORARY FINANCIAL REPORTING ISSUES | 6 | 3 |
12 | ABSL310 | BUSINESS LAW II | 6 | 3 |
13 | ABSO204 | HUMAN RESOURCES MANAGEMENT | 6 | 3 |
14 | ABSO307 | BUSINESS POLICY AND STRATEGIC MANAGEMENT | 6 | 3 |
15 | ABSE205 | MANAGERIAL ECONOMICS | 6 | 3 |
16 | ABSE204 | MACROECONOMIC ANALYSIS | 6 | 3 |
17 | ABSE405 | ECONOMETRIC METHODS | 6 | 3 |
18 | ABSE402 | CONTEMPORARY ECONOMIC ISSUES | 6 | 3 |
19 | ABSE280 | INTERNATIONAL ECONOMICS | 6 | 3 |
20 | ABSE302 | MONEY AND BANKING | 6 | 3 |
21 | ABSE303 | PUBLIC ECONOMICS | 6 | 3 |
22 | AFIN307 | FINANCE IN CONTINUOUS TIME | 6 | 3 |
23 | AFIN308 | TOPICS IN EMPIRICAL FINANCE | 6 | 2+1 |
24 | AFIN309 | FINANCING START-UP VENTURES | 6 | 3 |
25 | AFIN411 | INTERNATIONAL FINANCE | 6 | 3 |
26 | ACSC106 | ACCOUNTING INFORMATION SYSTEMS | 6 | 2+1 |
27 | ACSC103 | COMPUTER APPLICATION PACKAGES | 6 | 3 |
28 | ACSC105 | BUSINESS INFORMATION SYSTEMS | 6 | 3 |
29 | ABCO101 | BUSINESS COMMUNICATION I | 6 | 3 |
30 | ABSM101 | MARKETING PRINCIPLES | 6 | 3 |
Total
240
Semesters
ECTS
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA101 | INTRODUCTORY ACCOUNTING I | 6 |
2 | ABSE101 | INTRODUCTION TO MICROECONOMICS | 6 |
3 | AFIN101 | BUSINESS FINANCE I | 6 |
4 | AFMA101 | MATHEMATICS I | 6 |
5 | BUSINESS ELECTIVE | 6 | |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA102 | INTRODUCTORY ACCOUNTING II | 6 |
2 | ABSE102 | INTRODUCTION TO MACROECONOMICS | 6 |
3 | AFIN102 | BUSINESS FINANCE II | 6 |
4 | AFMA102 | MATHEMATICS II | 6 |
5 | AFOT101 | INTRODUCTION TO ORGANIZATIONAL THEORY I | 6 |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA203 | INTERMEDIATE FINANCIAL ACCOUNTING I | 6 |
2 | ABSA205 | COST AND MANAGEMENT ACCOUNTING I | 6 |
3 | AFOT102 | INTRODUCTION TO ORGANIZATIONAL THEORY II | 6 |
4 | AMAT112 | STATISTICS I | 6 |
5 | BUSINESS ELECTIVE | 6 | |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA204 | INTERMEDIATE FINANCIAL ACCOUNTING II | 6 |
2 | ABSA206 | COST AND MANAGEMENT ACCOUNTING II | 6 |
3 | AFIN203 | CORPORATE FINANCE | 6 |
4 | AMAT210 | STATISTICS II | 6 |
5 | BUSINESS ELECTIVE | 6 | |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA408 | AUDITING THEORY & PRACTICE I | 6 |
2 | ABSA413 | TAXATION I | 6 |
3 | AFIN204 | DERIVATIVES & RISK MANAGEMENT | 6 |
4 | BUSINESS ELECTIVE | 6 | |
5 | BUSINESS ELECTIVE/FREE ELECTIVE | 6 | |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA411 | AUDITING THEORY & PRACTICE II | 6 |
2 | ABSA414 | TAXATION II | 6 |
3 | AFRM203 | RESEARCH METHODOLOGY | 6 |
4 | BUSINESS ELECTIVE | 6 | |
5 | BUSINESS ELECTIVE | 6 | |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | ABSA307 | ADVANCED ACCOUNTING PRACTICE | 6 |
2 | ABSL210 | BUSINESS LAW I | 6 |
3 | AFIN306 | INVESTMENT ANALYSIS, PORTFOLIO THEORY & MANAGEMENT | 6 |
4 | AFPR449 | SENIOR PROJECT I | 6 |
5 | BUSINESS ELECTIVE/FREE ELECTIVE | 6 | |
TOTAL | 30 |
No. | Code | Name | ECTS |
---|---|---|---|
1 | AFIN305 | FIXED INCOME & FINANCIAL INSTITUTIONS | 6 |
2 | AFPR450 | SENIOR PROJECT II | 6 |
3 | BUSINESS ELECTIVE | 6 | |
4 | BUSINESS ELECTIVE | 6 | |
5 | BUSINESS ELECTIVE/FREE ELECTIVE | 6 | |
TOTAL | 30 |
The delivery of the program of study is supported by the following members of staff:
Rank | Name |
---|---|
Associate Professor - Programme Coordinator | Dr. Nicos Koussis |
Associate Professor | Dr. Petroula Mavrikiou |
Associate Professor | Dr. Bernard Musyck |
Associate Professor | Dr. Petia Tanova |
Associate Professor | Dr. Nina Zeniou Gorovaia |
Assistant Professor | Dr. Marios Charalambides |
Assistant Professor | Dr. Stavros Georgiades |
Assistant Professor | Dr. Elena Ketteni |
Assistant Professor | Dr. Michalis Makrominas |
Assistant Professor | Dr. Christos Minas |
Assistant Professor | Dr. Eleni Tsolaki |
Assistant Professor | Dr. Ioannis Voudouris |
Lecturer | Dr. Andreas Georgiou K |
Lecturer | Dr. Athanasia Tzortzi |
Visiting Lecturer | Dr. Christoforos Andreou |
Visiting Lecturer | Dr. Antonis Michis |
Special Teaching Staff | Mr. Nearchos Ioannou |
Special Teaching Staff | Ms. Sofi Papatheocharous |
Special Teaching Staff | Mr. Michalis Skoullou |