PRESENTATION OF THE UCY MBA PROGRAM
Table of Contents
2 1. The Republic of Cyprus
2. The University of Cyprus
3. The School of Economics and Management 4. The MBA Program
Where is Cyprus?
Cyprus
• Cyprus is a member state of the European Union (held the presidency of the Council of the European Union, July-December 2012)
• It is the third largest and third most populous island in the eastern Mediterranean
• Cyprus is a major tourist destination in the Mediterranean
• Cyprus has a sub-tropical climate, with very mild winters and warm to hot summers
• The total population of Cyprus is 1,103,997
Cyprus (continued)
• Population:
Greeks 17.3%, British 14.8%, Russian 13.6%, Filipinos 10.7%, Romanian 4.8%, Bulgarian 5.4%, other EU countries 4%, other non-EU countries 12% etc.
• Official languages:
Greek and Turkish; English is widely spoken on the island and both Russian and Chinese have
become fairly widespread in recent years due to the influx of immigrants and investors from Russia and China
• Tourism, financial services, and shipping are significant parts of the economy • Excellent transportation infrastructure - Available modes of transport are by
road, sea and air
PRESENTATION OF THE UCY MBA PROGRAM
6
Teaching Research Innovation Creativity Social Contribution
University of Cyprus
A premier research institution
Ranked first at national level
The University of Cyprus hosts the greatest number of European Research Council (ERC) Research Programmes in relation to population size
The School of Economics and Management is proud to have secured three out of the ten ERC grants
Currently, the University of Cyprus is implementing 101 programmes funded by European and international funding
The University of Cyprus ranked 190th in the University of Texas Top 500 World Rankings of Business Schools based on research contribution in leading business
University of Cyprus
Present State
• Currently has about 7000 students and growing fast. Expected 10000 students by 2015
• Currently comprised by 8 Schools (Faculties) , 22 Departments and around 500 Faculty
– Faculty of Economics and Management – Faculty of Engineering
– Faculty of Humanities – Faculty of Letters
– Faculty of Pure and Applied Sciences – Faculty of Social Sciences and Education – Graduate School
– Medical School
Present State (continued)
• Uses the European Credit Transfer and Accumulation System (ECTS) - Students may transfer to any EU university
• Offers 41 Undergraduate Programmes, 64 Master Programmes and 44 areas for PhD research
Networks and Associations
UCY is a member of 35 European and International University
Networks and Associations e.g.
• International Association of Universities (IAU)
• Association of European Universities (EUA)
• Association of Commonwealth Universities (ACU)
• Association of Arab and European Universities (AEUA)
• Community of Mediterranean Universities (CMU)
• The Network of Universities from the Capitals of Europe
(UNICA)
The Confucius Institute
• The Confucius Institute for the teaching of the Chinese
language and Chinese culture has been established at the
University of Cyprus with Chinese universities in 2013 (Beijing
Institute of Education)
– Offers numerous Chinese language and culture courses
• The Confucius Day Festival will be held for the first time in
Cyprus, on 27
thSeptember 2014, celebrating the 10
thanniversary of the Confucius Institute
The Confucius Institute
Distinguished Faculty
• Nobel Prize winner in Economics (2010) Professor Christopher Pissarides, School of Economics and Management
• Professor Pissarides is the Chairman of the National Economic Council of Cyprus
• Recently, a 2.2 million euro research project was awarded to Professor C. Pissarides, to investigate employment issues in Europe
Recent Achievements - Examples
The University of Cyprus has had, since 2007, the Presidency of the Network
of Universities from Capitals of Europe (UNICA)
The President of UNICA is the former Rector of the UCY, who was re-elected as President for the
2011-2014 term of office
The “2013 INFORMS Technology
Management Best Paper Award” was
awarded to Professors of the
Department of Business and Public
Administration UCY is the first
university in Cyprus and Greece to receive the “HR
Excellence in Research” Award from the European
Commission
Recent Achievements (continued)
2012
UNESCO Chair in
Gender Equality
and
Empowerment
2008
EFMQ
“Committed to
Excellence”
Award
2007
Jean Monet
Centre of
Excellence
15UCY’s Infrastructure
Administration building
UCY’s Infrastructure
Student Residences
UCY’s Infrastructure
Social Facilities Centre
UCY’s Infrastructure
Faculty of Economics and Management
UCY’s Infrastructure
Athletic Centre
UCY’s Learning Centre
Library
PRESENTATION OF THE UCY MBA PROGRAM
22
3. SCHOOL OF ECONOMICS AND
MANAGEMENT
School of Economics and Management
• 50 Faculty members from leading Business Schools
– Harvard University, Princeton University, Stanford University, University of Southern California, Berkeley University, Cambridge University, etc.
• More than 2000 students
• Departments
– Department of Business and Public Administration – Department of Accounting and Finance
– Department of Economics
• International Recognition
– Collaborations and exchanges with other Universities, Editorial boards, Publications in scientific journals, books, etc.
PRESENTATION OF THE UCY MBA PROGRAM
24
The MBA Program
Mission statement
Creating leaders with vision in a dynamic global
environment through a unique learning experience in
the premier MBA program of the region
University of Cyprus MBA - Advantages
Faculty Academic infrastructure International recognition Innovative program Modern methods of teaching Relevance and tieswith industry
Accreditation
Full-Time MBA Program
• Application deadline: 31
stMarch 2015
• Duration: 1 year ( 3 semesters, each divided into 2 terms,
each term has a 2 months duration)
• Teaching hours: Morning and afternoon
• Teaching language: English
• Fees: Euro 10,250
The program’s structure
Applied Business Project (20 ECTS)
Elective Courses (20 ECTS)
Mark etin g En tr e p re n e u rship
…
Finan ce Manag e me n t Preparation Period Core Courses (50 ECTS)The University of Cyprus-MBA structure
MBA
The program’s structure
Course Schedule-Flexible Program
30
Module Sep-Oct Nov-Dec Jan-Feb Mar-Apr May-Jun Jul-Aug
Courses Leading &
Managing Organizations Financial Accounting for Management Decisions Managing Operations Strategic Management Capital Markets and Investments Applied Business Project Business Economics Business Statistics
Entrepreneurship Methods for Management Decisions Managing Information Systems Marketing Management Leadership Managerial Accounting Electives Electives Business Communication Corporate Social Responsibility & Ethics Financial Management Electives Applied Business Project
The program’s structure
Accounting
MBA 513: Financial Analysis and Capital Markets MBA 514: Business Law
MBA 515: Taxation Finance
MBA 516: Corporate Governance MBA 523: Options
MBA 524: Bank Financial Management MBA 525: International Finance
MBA 526: Strategic Capital Budgeting MBA 527: Risk Management
Operations
MBA 545: Service Management MBA 546: Supply Chain Management MBA 547: Quality Management MBA 548: E-Commerce
MBA 549: Project Management
Marketing
MBA 552: Marketing Research MBA 553: Strategic Marketing
MBA 554: International Marketing MBA 555: Marketing Communications MBA 556: New Product Development MBA 557: Sales Management
MBA 558: Consumer Behaviour
Management
MBA 565: Human Resource Management MBA 567: Managing Change
MBA 568: Negotiations
MBA 569: Creativity and Innovation MBA 570: International Business MBA 571: Multi-Cultural Management MBA 569: Crisis Management
MBA 575: Public Administration MBA 576: Managing Diversity
MBA 578: Energy Business Management
Economics
MBA 532: European Economy
MBA 533: Current Issues in Economics and Finance
31
Elective list
The program’s structure
Admission Criteria
32
Recognised university degree
Superior academic performance
Proven knowledge of the English language (e.g. TOEFL, IELTS, IGCSE), unless you hold a degree from an English speaking institution
2 Recommendation letters
The program’s structure
Students’ Profile
33
• International student body
– Albania, Armenia, Australia, Belize, Bosnia, China, Georgia, Greece, Hungary, India, Indonesia, Iran, Italy, Jordan, Kazakhstan, Kenya, Lebanon, Mexico, Nepal, Nigeria, Palestine, Romania, Russia, Serbia, Slovakia, South Africa, Sweden, Syria, Turkey, Ukraine, United Kingdom, U.S.A, Uzbekistan, Zimbabwe etc.
• Average age: 25 years
• Average work experience: 3 years
• Employment sector: All sectors of the economy
The program’s structure
Students’ Profile
The program’s structure
Students’ Profile: Age of Students
35
Average age of students (years)
2008 2009 2010 2011 2012 2013
Part-Time English 32 33 32 32 32 30
Part-Time Greek 38 33 34 33 32 31
The program’s structure
Living Expenses
• Foreign student assistance with University accommodation
• All non-EU applicants must follow the process for obtaining a
student visa (the MBA administrative team provides assistance
with the process)
• Scholarships available by the MBA Program based on merit –
academic performance
Career Services: Personal and
Professional Career Development
37
• Self assessment
• Industry/career days:
— a series of on-campus presentations by prospective employers
• Career development workshop:
— resume writing
— interview preparation
• Placement tools:
— job postings