Download the MBA booklet - University of Nicosia

SCHOOL OF BUSINESS
MBA HANDBOOK 2011-2012
Committed to Excellence in Europe

Committed to Excellence in Europe

CONTENTS
Welcome
Why in Cyprus
University of Nicosia
Introduction
MBA Programme Philosophy
MBA Programme Structure
The MBA Courses of Instruction
Academic Policies and Regulations
Admission Requirements
The MBA Graduates
The MBA Faculty
4-5
6-7
8-9
10-11
12-13
14-15
16-31
32
33-35
36-37
38-46

4
A WARM WELCOME
TO ALL MBA STUDENTS

Dear MBA students:
To become an exceptional business leader
in a rapidly changing world, you need
an exceptional MBA. The University of
Nicosia MBA offers a unique lifetime experience
to those who seek to be accomplished
and authentic business leaders.
The University of Nicosia MBA provides
all the academic rigour you should expect
from a top-tier programme.
Committed to excellence, our MBA is one of
the best offered in Cyprus and the Eastern
Mediterranean region, with state of the
art facilities and technological support.
Our relationship with the business and
educational communities in Cyprus, the
European Union, the United States and
other parts of the world, projects another
challenging endeavour for you.
Through our MBA programme at The
University of Nicosia you will be exposed
to a plethora of challenges and great opportunities
to enhance your personal and
career horizons. Our programme is taught
by faculty who have a wealth of teaching,
research, and real business world experience,
and who will provide the necessary
tools for an all-round educational experience.
The University of Nicosia MBA aims to
develop competent, entrepreneurial,
internationally oriented, and socially
responsible managers who can master
tomorrow’s challenges. We believe that
companies and societies need managers
and leaders who can think beyond the
logic of a single department or unit, and
take into consideration broader corporate
and societal interests.
In today’s world, people like you will play
a significant role in shaping the global
business environment with all its idiosyncrasies
and peculiarities. You will need
to possess leadership, and international
business, technical, managerial, crosscultural,
and organisational skills. These
qualities will make a difference not only
in Cyprus and Europe, but the rest of the
world as well. We will ensure that upon
the completion of your studies you will be
well equipped to face the aforementioned
issues.
Our philosophy towards teaching has
enabled us to create an effective and
stimulating learning environment. We
think that a combination of solid theory,
practical case studies and close interaction
with industry set The University of
Nicosia MBA apart from all other business
schools.
Overall, it is a programme designed for
business people with the determination
to be skilled and knowledgeable leaders
who can influence people, offer strategic
direction, and make good use of financial,
marketing, human and technological resources.
Our mission is to create graduates
who can out-think and out-smart the
competition.
Prof. Dr. Demetris Vrontis
Director, MBA Programme
Dean, School of Business
5

6
WHY IN CYPRUS

Cyprus is situated in the northeastern
corner of the Mediterranean, at the
meeting point of Europe, Asia and Africa.
Since the dawn of history, Cyprus has been
one of the most interesting areas of the
region and has a rich and visible cultural
history. Ancient Greeks, Egyptians and
Romans along with Crusaders, Byzantines,
Franks and Ottomans have all left
a powerful legacy for the modern visitor
to see and admire.
Cyprus is endowed with golden beaches,
virgin green forests and other natural
wonders. The environment remains
free from pollution and other ill-effects
common to industrialised countries.
Cyprus enjoys a wonderful Mediterranean
climate. Apart from the light rainy season
between November and March, Cyprus is
sunny most of the time. Mean temperatures
range from 8 0 C (42 0 F), during the
coldest month of December to 35 0 C (96 0 F)
during the hottest month of August.
The weather however is not the only attractive
feature of the island - Cypriots are
equally famous for the warm and friendly
welcome they extend to visitors.
The Cyprus economy is booming and political
stability is firmly established. In May
2004, Cyprus officially became a member
of the European Union and thus bridged
Europe to the Middle East and the rest of
the world. Having emerged as one of the
region’s leading business and financial
centres, the island enjoys competitive
advantages in areas such as tourism, consultancy,
shipping, telecommunications,
banking and insurance services.
Because Cyprus provides an ideal setting
for higher learning, it is no wonder that
it has become a major international education
centre, attracting scholars and
students from all over the region. This
cultural diversity makes it a forum for
international understanding and peace,
thus providing a firm foundation for the
educational philosophy of The University
of Nicosia.
7

WHY AT THE UNIVERSITY
OF NICOSIA
Founded in 1980, The University of Nicosia
has an established reputation for quality
higher education. The University of Nicosia
is the largest and most prestigious University
in Cyprus. Indeed, a relevant opinion
survey conducted by an independent
research firm showed The University of
Nicosia to be “the most reputable University
in Cyprus”.
As a modern, progressive institution, The
University of Nicosia offers unique educational
opportunities to students of varied
backgrounds.
At The University of Nicosia, students
benefit from:
- The opportunity to earn the
University’s reputable qualification.
- Its international character and
diverse academic and professional
expertise.
- Its extensive links with the industry.
- The experience of being a member
of an international student body.
The University of Nicosia
students come from many
nations to prepare for leadership
positions in the professions, the arts,
government, industry and commerce.
8

The University of Nicosia is situated in
the outskirts of Nicosia. Nicosia has been
the capital city of Cyprus since the 12th
century AD. It is the seat of Government
and the principal diplomatic, administrative
and commercial centre of the island.
The city is rich in cultural and historical
heritage with museums, theatres, art galleries
and libraries. Foreign embassies and
consulates are also located in Nicosia. The
capital is an ideal centre for both business
and leisure, with easy access to the island’s
other cities, beaches and mountain
resorts. A recognized centre for global
business, Nicosia is also a popular venue
for many international seminars and conferences,
with an excellent infrastructure
including the International Conference
Centre. Clearly, this overall environment is
ideal for students interested in business,
computing and related fields.
The University of Nicosia is housed in new
purposed-built premises on a 30-donum
site and provides ample room for lecturing
purposes, 45 classrooms, specialised
teaching labs and studios. These include
12 Computer Labs [including a Multimedia
and a Design Lab], a Radio-TV Production
room, a large Computer Engineering Lab,
an Art Room, a Digital Processing Lab, 2
Biology and Chemistry Labs, 2 Aesthetics
Labs, Catering Labs and a Studio for
Graphic and Interior Design. The campus
also accommodates 13 amphitheaters,
a cinema theater [Cine Studio], a gym, a
games room, a cafeteria and a restaurant
as well as a separate library building.
9

10
INTRODUCTION

The University of Nicosia is international
in philosophy, development and outlook.
Conscious of its unique location at the
crossroads of three continents, the University
strives to enhance opportunities
for education and understanding between
people of different cultures. The University
of Nicosia aims to promote both high
academic standards and high principles
of character. Students are encouraged to
acquire facts and competencies in various
skills, as well as to develop cultural awareness,
social responsibility, and personal
integrity.
The University of Nicosia is Cyprus’ leading
University with its MBA Programme dedicated
to excellence in management education
and performance. The University’s
policies and strategies emphasise the
key role that good management plays
in competition, growth and productivity.
Its activities translate that into specific
efforts in executive and student education,
degree granting, business consulting and
management research.
The University of Nicosia’s MBA Programme
is dynamic and intensive, and
it reflects a policy that stresses flexible
specialisation, experiential learning and
optimum use of study time. The content
and structure of The University of Nicosia’s
MBA Programme is constantly adjusted,
incorporating the latest approaches
to Management education and Executive
training. Our primary mission is to
prepare the students to become effective
managers in today’s globally competitive
environment in order to meet the needs
of industry and governments throughout
the world.
11

MBA PROGRAMME
GENERAL PHILOSOPHY
• Gaining a competitive advantage
is the key to our world today.
Rapid contemporary change in
economic policies and structures,
including the globalisation of
industries and markets, is driving
countries, organisations and
individuals to continuously search
for a competitive edge.
• Managerial ability is proving
to be the most critical building
stone of tomorrow’s Firm Specific
Advantages. Those fulfilling
a managerial task, or performing
a managerial role in our business
structures today, will most likely
require a vast mix of skills that
will certainly differ considerably
from traditional wisdom. Without
these skills they may not be
able to either gain or maintain
the competitive advantage
essential for survival and growth.
Geographical boundaries and stage
of economic growth may not have
as significant an impact as we have
witnessed so far. The essence will
be the demonstration of excellence
and a striving for comparative
advantage. These are the
underlying principles that influenced
The University of Nicosia in the
design and operating philosophy of
its MBA programme.
The Master’s in Business
Administration programme is
designed to offer an insight
into professional possibilities
and modern organisations
functioning in the context of today’s
competitive world.
The pace of the programme
is vigorous. It aims to provide
participating students with the skills
necessary to guide both their short
and long term decisions.
• The curriculum aims at integrating
theory with practice. Each of
the core and specialisation modules
involves lectures, discussions,
project assignments, role-playing,
case studies and applied class work.
The participants consistently deal
with realistic managerial and
professional problems. The
curriculum also includes visits by
Executive guests from business and
industrial corporations.
The University of Nicosia MBA
programme offers the possibility of
five concentrations, namely:
- Management
- Marketing
- Finance
- Management Information
Systems (MIS)
- Human Resource
Management (HRM)
12

MBA Programme Accreditation
• The University of Nicosia MBA
Programme is locally accredited by
CEEA (ΣΕΚΑΠ), the Ministry of
Education of Cyprus and KYSATS
• The University of Nicosia School
of Business is a member of AACSB -
International Association to
Advance Collegiate Schools of
Business - U.S.A.
• The University of Nicosia has
received recognition by the
European Foundation for Quality
Management (EFQM) as “Committed
to Excellence!”
• The University of Nicosia School
of Business is a member of
EFMD - European Foundation for
Management Development - Europe.
13

THE MBA
PROGRAMME STRUCTURE
The University of Nicosia MBA Programme requires students to complete 46
credit hours/120 ECTS, in order to obtain the MBA Degree. In addition, our MBA
Programme offers free foundation courses. These foundations are scheduled twice
a year and are offered to students with no business qualifications or background,
free of charge.
MBA Foundation Courses
MBA 510
MBA 520
MBA 530
Foundations in Economics
Foundations in Accounting
Foundations in Statistics and Research
* Students with a business related degree or background may be exempted from the
Foundation Courses
• The University of Nicosia MBA Core Programme consists of 8 Core Courses.
These Core Courses are designed to provide the student with an
integrated education in all the fundamental areas of business.
CORE COURSES (24 credits / 60 ECTS)
CREDITS ECTS
MBA-603 Decision Making Methods & Tools 3 7.5
MBA-609 Organisations and HR Management 3 7.5
MBA-611 Business Economics 3 7.5
MBA-612 Financial & Managerial Accounting 3 7.5
MBA-622 Financial Management 3 7.5
MBA-667 Strategic Marketing 3 7.5
MBA-670 Operations & Quality Management 3 7.5
MBA-685 Corporate Strategy 3 7.5
24 60
14

SPECIALISATION ELECTIVES (12 Credits/30 ECTS)*
*Students get to choose four out of seven courses from one of the five
specialisations offered: Management, Marketing, Finance, MIS (Management
Information Systems), HRM (Human Resource Management)
OPTION A - MANAGEMENT CONCENTRATION CREDITS ECTS
MBA-701 Organisational Behaviour 3 7.5
MBA-703 Business Ethics 3 7.5
MBA-705 Consultancy Process 3 7.5
MBA-706 Managing Corporate Change 3 7.5
ΜΒΑ-707 Entrepreneurship and SME’s 3 7.5
MBA-708 Supply Chain Management 3 7.5
MBA-709 Management Science 3 7.5
OPTION B - MARKETING CONCENTRATION
MBA-711 Relationship Marketing 3 7.5
MBA-712 Market Research 3 7.5
MBA-713 Consumer Behaviour 3 7.5
MBA-716 Marketing of Services 3 7.5
MBA-717 Corporate Social Responsibility 3 7.5
MBA-718 Marketing Communications 3 7.5
MBA-719 Global Marketing 3 7.5
OPTION C - FINANCE CONCENTRATION
MBA-721 Portfolio Analysis 3 7.5
MBA-722 Financial Markets & Institutions 3 7.5
MBA-723 Financial Risk Management 3 7.5
MBA-724 Global Financial Strategies 3 7.5
MBA-726 Working Capital Management 3 7.5
MBA-727 Corporate Governance 3 7.5
MBA-728 Advance Corporate Finance 3 7.5
OPTION D - MIS CONCENTRATION
MBA-730 E-Business 3 7.5
MBA-733 Web Design & Development 3 7.5
MBA-735 Business Data Communication and Security 3 7.5
MBA-736 Enterprise Information Systems 3 7.5
MBA-737 Knowledge Management 3 7.5
MBA-738 IT Project Management 3 7.5
MBA-739 Business Intelligence 3 7.5
OPTION E - HRM CONCENTRATION
MBA-741 HR and Organisational Development 3
MBA-742 Managing Performance 3
MBA-743 Employee Resourcing 3
MBA-744 Leadership and Innovation 3
MBA-745 Employment Law 3
MBA-746 Managing Diversity in Organisations 3
MBA-747 Employee Relations 3
7.5
7.5
7.5
7.5
7.5
7.5
7.5
INTERGRATION
MBA-890 Research Methodology 4 10
MBA-899 Thesis 6 20
TOTAL 46 120
* Each concentration is offered subject to sufficient demand.
15

MBA
FOUNDATION COURSES
The MBA courses of instruction are briefly
described below in a code numeric sequence.
They are not and should not be
considered as the detailed syllabuses of
the courses offered at The University of
Nicosia. The complete and detailed syllabi
(course description) can be obtained from
the Office of the MBA Programme at The
University of Nicosia.
MBA-510 FOUNDATIONS IN ECONOMICS
This course is designed for students with
no previous background in economics. It
examines the fundamental economic principles
such as scarcity and choice, opportunity
cost, demand and supply, elasticity,
cost of production and market structures.
MBA – 520 FOUNDATIONS IN ACCOUNTING
This course covers basic topics of knowledge
from accounting. The objective is to
familiarise students whose undergraduate
studies are not in business to the discipline
of accounting. The course examines
the basic principles of accounting, and
the ways in which accounting statements
and financial information can be used to
improve the quality of decision making.
The main topics covered in this course
include the double entry system, the accounting
cycle, preparation of the basic
financial statements, and partnerships.
MBA – 530 FOUNDATIONS IN STATISTICS
The objective of this course is to prepare
students for the course MBA-603 (Decision
Making Methods & Tools) and it is
designed for those students who did not
have undergraduate statistics or who had
it long time ago. It covers basic descriptive
statistics and Calculus including “Organisation
of Data”, “Graphical Data Analysis”,
“Descriptive Measures”, “Probability
Theory and Applications”, “Probability
Distributions”, and “Calculus Concepts”
used in Decision Theory. An introduction
to Statistical Software will also be included
in the course.
16

CORE
COURSES
MBA – 603 DECISION MAKING METHODS
& TOOLS
The objective of this course is to introduce
the students to decision making methods
and tools, as they are applied in business
and management. The course is divided
in three parts, the first part introduces
students to inferential statistics as they are
applied in business and management decision
making, the second part introduces
students to the principles of regression
and forecasting methods as applied in
business and management and the third
part introduces students to the principles
of optimisation and decision theory. A
number of applications and case studies
will be discussed with the students in order
to provide them with virtual hands-on experience
in decision making.
MBA – 609 ORGANISATIONS & HUMAN
RESOURCE MANAGEMENT
Introduces MBA students, to a comprehensive
review of essential personnel management
concepts and techniques focusing on
practical applications that all managers
need to deal with their HR related responsibilities.
The course focuses with specific
explanations and illustrations on essential
HR management topics like job analysis,
selection and recruitment, testing, training
and development, compensation and
performance appraisal.
MBA – 611 BUSINESS ECONOMICS
This course examines economic and strategic
managerial decisions under various
economic and market conditions. It also
adopts an international comparative perspective
in order to highlight how different
economic systems and structures, influence
economic and business performance,
market environment and thus corporate
strategies.
MBA – 612 FINANCIAL & MANAGERIAL
ACCOUNTING
This course aims to give students a general
overview of financial and management accounting
theory and practice. It assumes
that students have a basic knowledge of
the techniques covering financial accounting
and in particular the following topics:
double entry, the accounting cycle, main
financial statements and preparation of
the Financial Statements. Therefore, the
topics that will be covered will be Cash flow
statements, analysis of financial statements,
issues related to contributed capital
(legal capital, preferred stock, treasury
stock, stock splits, etc.), and income and
changes in retained earnings (earnings
per share, dividends, and statement of
changes in stockholders’ equity). In the
second half of the course, students will
address Management Accounting covering
Planning and Control, Short-term Decision
Making, Strategic Management Accounting
and the Management of Working Capital
and Sources of Finance.
MBA – 622 FINANCIAL MANAGEMENT
This course addresses the principles, concepts
and practices of corporate financial
management, and the theories and applications
underlying the financial decision
making process. Topics covered include
the agency theory, valuation, capital structure
and cost, capital budgeting, corporate
bankruptcy, working capital management,
dividend policy, and mergers and acquisitions.
18

MBA – 667 STRATEGIC MARKETING
This core course aims to provide students
with a comprehensive knowledge basis in
the field of marketing, including its philosophy,
application and strategic context.
The course describes the leading theories
and models that are used to explain key
concepts in strategic marketing and identifies
the external and internal forces that
impact upon the choices involved in the
development, production and distribution
of goods and services. The course additionally
cultivates the skills and competencies
required towards strategic marketing
planning, with various tools and processes
being presented both as a theoretical basis
and in their practical application framework.
The students are finally taught how
to practically integrate theory with practice
towards the development of a strategic
marketing plan.
MBA – 685 CORPORATE STRATEGY
Managers face no greater challenge
than that of strategic planning and strategic
management. Guiding a complex
organisation through a dynamic, rapidly
changing environment requires the best
of judgment. Strategic planning issues
are invariably ambiguous and unstructured,
and the way in which management
responds to them, determines
whether an organisation will succeed
or fail. In this capstone course students
will be asked to face the aforementioned
challenges. They will become
familiar with the strategic planning
process in the for-profit, nonprofit
sectors, within the context of the global
aspects of strategy.
MBA – 670 OPERATIONS AND QUALITY
MANAGEMENT
The course examines the basic elements
of operations management with particular
focus on inputs and suppliers,
process and capacity planning, forecasting,
inventory management, product and
project management, implications of
globalisation, and the issue of quality
and competitiveness. Emphasis is
placed on demonstrating how the operations
function can support business
strategy.
19

SPECIALISATION
PATHS
MANAGEMENT
MBA – 701 ORGANISATIONAL BEHAVIOUR
Introduces MBA students to the importance
of effective design and management
of organisations through, the thoughtful
application of knowledge concerning the
behaviour of people in the workplace. The
emphasis is on the human actor who is
central to organisational effectiveness and
success. The course focuses on developing
professional competencies related to
topics such as motivation, communication,
leadership, group and team work, organisational
change design, culture and change
and occupational stress.
MBA – 703 BUSINESS ETHICS
How do people live their lives according to
a standard of ‘right’ or ‘wrong’ behaviour
The concepts of ‘business ethics’ are examined,
where employees face the dilemma
of balancing their own moral standards
with those of the company they work at.
Should the business world be viewed as
an artificial environment, where the rules
by which you choose to live your own life
don’t necessarily apply
MBA – 705 CONSULTANCY PROCESS
The course is designed to make students
reflect on the process of working as a
consultant and develop a personal vision
on the role of a process consultant. Furthermore,
this course aims at developing
understanding and skills in handling
sensitive issues in consultancy, such as
building trust, ethical problems, ensuring
implementation and overcoming resistance
to change, as well as developing skills in
acting as a facilitator in team-building.
Furthermore, this course aims to develop
understanding and skills in the various
20
aspects of managing a consultancy firm
and consultancy assignments.
MBA – 706 MANAGING CORPORATE
CHANGE
This course’s focus is on the management
of change in contemporary organisations.
The information presented will cover the
theories, models, methods and techniques
used by change agents to bring about positive
change within organisations. Here,
the primary emphasis will be on: (1) an
open systems model of organisation; (2)
an action research framework for change
agent (consultant) engagement, (3) the
interrelated methods and associated techniques
of organisational development, total
quality management, and business process
re-engineering, and (4) complementary
tools, techniques and future trends.
MBA – 707 ENTREPRENEURSHIP AND
SME’S
The course aims at demystifying the
process of starting a business by presenting
difficult business concepts in a manner
that can be assimilated by the small business
entrepreneur. Students will learn how
to start a small business, operate a small
business and turn their ideas into viable
business opportunities.
MBA – 708 SUPPLY CHAIN MANAGEMENT
This course examines all issues related to
Supply Chain Management. Topics include
purchasing, vendor relations, inventory
strategies and control, warehousing, material
handling, layout planning, packaging,
and transportation, combined under supply
chain management general aspects. Students
will gain applied experience through
lectures, problem sets and case studies.

MBA – 709 MANAGEMENT SCIENCE
This course aims to introduce students
to Management Science - a scientific approach
that uses rational analysis and
objective reasoning to help managers make
better and faster decisions. The course
covers a range of management science
methods and explains how managers can
put their problem solving and decision
making on a scientific, logical and rational
basis. The course concentrates on applications
rather than theory and its topics
are described by examples, with complex
theoretical argument having been kept to
a minimum. In today’s complex business
environment, firms are required to process
ever-increasing amounts of information
and operate under fierce competition.
These challenges create a growing demand
for managers who possess the technical
and analytical skills required to exploit
the available resources and to improve
business performance.
21

SPECIALISATION
PATHS
MARKETING
MBA – 711 RELATIONSHIP MARKETING
Students develop skills in planning, constructing
and organising one-to-one client
marketing activities as part of organisational
strategic marketing. Included in
these activities are collaborative relationships
between consumers and sellers that
can be applied by both small and large
organisations. New technologies in interactive
marketing and in database creation
and implementation are studied through
case analysis and application.
MBA – 712 MARKET RESEARCH
Students are taught theories and techniques
of planning, conducting and presenting
market analyses, sales and market
potential, sales forecasts, distribution
options, marketing cost and profit projections,
and major market product and
advertising studies. The course helps the
MBA student develop and practice through
appropriate case studies an understanding
of how to apply theory to specific marketing
problems.
MBA – 713 CONSUMER BEHAVIOUR
The course promotes an understanding
of consumer decision processes developed
through appropriate applications of
behavioural sciences. Consumer decision
making processes are further considered
in the context of environmental and cultural
dimensions. The implications of these
processes are also considered in relation
to product position planning, marketing
organisational strategies, and decisionmaking
in strategic market planning.
MBA – 716 MARKETING OF SERVICES
The course is designed to deepen the conceptual
and practical understanding of
the broad range of issues challenging the
marketing manager of a service organisation;
to sharpen the understanding of
the strategic differences, both of theory
and application, of service marketing; to
broaden the appreciation of initiatives
and experiences in the service sector; to
encourage critical evaluation of these experiences
and initiatives in the light of
conceptual issues in both home-country
and global conditions; and to appreciate
and utilise the considerable relative weight
of people as a primary factor of success
in the majority of service organisations.
MBA – 717 CORPORATE SOCIAL
RESPONSIBILITY
The course aims to provide the students
with a comprehensive understanding of
the Societal Concept of Marketing. Major
emphasis is placed on corporations’ stakeholders,
ethics and public policy. Strategies
like Corporate Social Responsibility,
Corporate Citizenship, Green Marketing
and Corporate Philanthropy are analysed
through a critical theoretical approach,
case studies and other means of developing
the required knowledge and understanding
of the subject. Students will understand
the need for Marketing Managers
to create marketing strategies which can
integrate stakeholder interests, respect
personal values, support community development
and at the same time to be
economically successful.
22

MBA – 718 MARKETING COMMUNICATIONS
The course deals with both the theoretical
background and the practical skills necessary
for the management of an organisation,
its need to communicate strategically
and effectively in the contemporary media
context, which is part of the corporate
world today. It focuses on the tasks of the
specific communication subjects of Public
Relations, Promotion & Advertising. The
student is taught how to practically apply
methods and communication skills in ways
which enhance the dynamic functioning
of a corporation in a competitive market,
while creating and maintaining a strong
image internally and externally, within the
general organisational marketing strategy.
MBA – 719 GLOBAL MARKETING
The course teaches the general principles
of marketing as related to global markets,
including foreign market entry, local marketing
and its contribution to global business
management. Furthermore, it is designed
to develop the students theoretical
understanding of strategic market planning
through the process of case study and
simulation of company decision-making
processes.
23

SPECIALISATION
PATHS
FINANCE
MBA – 721 PORTFOLIO ANALYSIS
Management of an investment portfolio
under conditions of uncertainty, and choice
of strategies to balance performance and
risk. Portfolio objectives of individuals,
corporations and funds, and practical and
theoretical problems associated with the
techniques of optimal portfolio selection,
construction and revision. Measurement of
portfolio performance and related empirical
evidence. Role of computers in portfolio
management.
MBA – 722 FINANCIAL MARKETS &
INSTITUTIONS
Understanding the function of financial
markets, the flow funds, levels of interest
rates and interest rate differentials,
and analysis of the institutional framework.
Characteristics and efficiency of the
money markets and capital markets and
types of instruments issued. International
integration of financial markets and institutions
and policy implications.
MBA – 723 FINANCIAL RISK MANAGEMENT
Identification of financial risk and design
of optimal risk management programme.
Financial instruments used for financial
risk management, including forwards,
futures, options and swaps. Topic areas
covered include interest rate futures,
stock index futures, currency futures, international
financial futures, commodity
futures, stock and stock index options,
options on futures, swaps, and financial
engineering products.
MBA – 724 GLOBAL FINANCIAL
STRATEGIES
The Global Financial Strategies course
deals with the theoretical and empirical
aspects of the strategic financial environment
and management of firms that
operate in a global business arena. Multi-
National Enterprises (MNEs) and TransNational
Corporations (TNCs) are the prime
concern of this course. The course aims at
developing a body of knowledge, practices,
attitudes, and skills, needed to make financial
decisions for topics where Corporate
Finance leaves off.
MBA – 726 WORKING CAPITAL
MANAGEMENT
Analysis of long- and short-term resource
allocation strategies used by corporations.
The course covers working capital management,
including but not limited to cash
management and inventory management
models, and combines theory and application.
Furthermore, it analyses intermediate
theories and techniques of cash, accounts
receivable, inventory, and accounts
payable management.
MBA – 727 CORPORATE GOVERNANCE
The MBA students will be exposed to the
concept of corporate governance as a
new approach for enhancing the return
on capital through increased accountability
and transparency of the Board and Management
of a corporation. The course will
address not only the history and evolution
of corporate governance but also such
contemporary issues like executive pay
and Board composition.
24

MBA – 728 ADVANCE CORPORATE FINANCE
Corporate finance is the specific area of
finance dealing with the financial decisions
made within corporations and focuses specifically
upon the tools and analysis used
to make such decisions. The corporation’s
value is enhanced when the return on long
term capital exceeds its cost managing at
the same time efficiently and effectively
the corporation’s working capital. Corporate
finance therefore, is essential to
safeguard the maximisation of return to
the invested funds in a corporation.
25

SPECIALISATION
PATHS
MANAGING INFORMATION
SYSTEMS (MIS)
MBA-730 E-BUSINESS
The course examines the impact of Web
and Web 2.0 technologies on marketplace
transformation, business process redesign,
and management approaches to e-
commerce, with an emphasis on businessto-consumer
and business-to-business
applications. Class sessions will be based
on an in-depth discussion of actual case
studies that cover several industries and
business sectors in different countries.
MBA-733 WEB DESIGN AND
DEVELOPMENT
This course aims to provide an understanding
of the business aspects of Wed Sites
Design. In this course, the fundamentals
of Usability Engineering are presented
and best practices, possibilities and implementations
are explored. A structured
approach to develop Customer Centred
Web Sites is followed. A comprehensive
set of design patterns that offers proven
solutions to common Web design problems
is studied. Students apply these concepts
in the design and development of a web
site using a Content Management system.
MBA-735 BUSINESS DATA
COMMUNICATION AND SECURITY
This course aims at assisting students
acquire the computer networking knowledge
as well as the existing connectivity
technologies and the required infrastructure
which comprises the key steps
involved in the communication process.
It aims to establish a solid knowledge of
the layered approach that makes design,
implementation and operation of extensive
networks possible, acquire the knowledge
of the basic protocols involved in wired/
wireless communication process , link different
network performance concepts and
traffic issues for Quality of Service (QoS)
in broadband communication as well as
the network economics of the enterprise
and provide students with basic knowledge
on various concepts of classical computer
and network security paradigms.
MBA-736 ENTERPRISE INFORMATION
SYSTEMS
The course aims to enable student understand
issues, problems and opportunities
that senior managers and Chief Information
Officers (CIOs) face today in organizations
and enable them to refer to conceptualized
principles and applied techniques
and tools to efficiently address them. The
main objective of this course are to describe
and apply conceptual tools used to
examine the efficiency and effectiveness
of the management of business processes,
introduce Enterprise Information systems
(EIS) to students, extend students’ knowledge
on EIS concepts and definitions and
provide them with hands on experience
by using an EIS system.
MBA737 KNOWLEDGE MANAGEMENT
This course examines the analytical, managerial
and technological approaches used
in the practice of knowledge management.
It introduces and critically examines the
major knowledge management approaches,
such as tacit-to-explicit conversion
spirals, data mining, data visualisation,
and collaborative strategies. Economic and
social issues in the creation and transfer of
knowledge are examined. Best knowledge
management practices in core processes,
such as customer support and supply chain
26

management, and specific industry contexts
are discussed.
MBA-738 I.T. PROJECT MANAGEMENT
This course examines all issues related
to managing IT projects within an organisational
context, including the processes
related to initiating, planning, executing,
controlling, reporting, and closing a
project. Project integration, scope, time,
cost, quality control, and risk management
are also outlined. Students develop
detailed project plans, schedules, and
budgets; estimate project resources; allocate/coordinate
resources; and interface
with management using a project management
software.
MBA-739 BUSINESS INTELLIGENCE
The course aims to provide students with
conceptual and practical Business Intelligence
skills that will equip them with a competitive
edge in almost any contemporary
workplace. This course aims to examine
data mining aspects including data capturing,
cleansing, validation, storage and
analysis. Ultimately, the student will be
able to organise and manage a Business
Intelligence unit for his/her organisation.
27

SPECIALISATION
PATHS
HUMAN RESOURCE
MANAGEMENT (HRM)
MBA 741- HR & ORGANISATIONAL
DEVELOPMENT
This course focuses on how to diagnose an
organisation and create an intervention to
improve it, build knowledge and provide
practice in the various techniques, explore
how the structures of organisations influence
career development and success,
discuss how topics such as power, opportunity,
mobility, discrimination, social and
human capital, control systems and organisational
forms affect decisions, actions
and opportunities and provide students
with a background and perspective that
will help them develop successful career
strategies.
MBA 742 – MANAGING PERFORMANCE
This course explains the use of strategic
aspects of performance management, discusses
how performance improvement
is achieved throughout the organisation,
for individual, team and organisational
effectiveness, evaluates how the continuous
development of individuals and teams
will enhance performance which can be
achieved by ensuring that individuals are
encouraged to behave in a way that allows
and fosters better working relationships.
MBA 743 – EMPLOYEE RESOURCING
This course provides an in depth analysis
of the methods used in staffing and selection
processes, investigates the processes
of designing, administering, revising, and
evaluating selection programmes that
comply with government regulation as
well as add value to the organisation. It
also helps students to evaluate the sources
available to organisation for recruitment
in order to assess the most effective ones,
develop recruitment strategies to reduce
staff turnover and thus reduce costs,
develop and utilise strategies to achieve
work-life balance, and thereby improve
performance in the workplace, develop
equal opportunities strategies in recruitment
and selection so as to make best use
of the diverse talent pool available, ensure
that resource strategies match overall organisational
strategies and evaluate the
tools which are used during the recruitment
and selection process.
MBA 744 – LEADERSHIP & INNOVATION
The course focuses on leadership from a
managerial perspective, explores leadership
models, becomes acquainted with
current research finding, investigates
examples of leadership in practice and
engages in developmental activities to
evaluate and enhance their leadership
skills. Students are assisted in identifying
the diverse, contemporary leadership competencies
utilised in organisational setting,
developing strategies which can exploit the
ability to think outside the box in order to
solve problems effectively, utilising and
developing their emotional intelligence
for better results both at work and in their
personal life, identifying the conditions
that both nurture and prevent innovation
and creativity, in order to develop strategies
to overcome any likely blockages to
creativity and innovation and utilising a
variety of techniques in order to unblock
the elements which prevent innovation and
creativity, at both individual and group
level.
28

MBA 745 – EMPLOYMENT LAW
The course acquaints the student with the
fundamentals of employment lows and
discriminatory practices, inherent in all
areas of employment, emphasises the legal
procedures for recruiting, hiring, promoting,
evaluating, using progressive discipline
and dismissing employees. Laws and
appropriate company policies on issues
such as Antidiscrimination, Sexual Harassment,
and Termination & Arbitration will
be discussed and viewed through the use
of case studies. The students are coached
to explain how employment laws and statutes
are formulated, describe the role of
Tribunals and Employee Appeals procedures,
explain the role of law in all phases
of employment; discrimination; health
and safety; termination of employment;
privacy, analyse and explain how different
development in employment law have
impacted on the relationship between the
employer and the employee and develop
the ability to interpret case decisions as
an aid for managers to avoid potential
legal pitfalls.
MBA 746 – MANAGING DIVERSITY IN
ORGANISATIONS
The course aims to teach students to adapt
successfully to the demographic changes
rapidly occurring in the workplace, create
individual awareness of the issues of diversity
and how to cope with them effectively,
organise work based on an understanding
of the impact of diversity in relation
to group dynamics, values, motivation,
conflict management and communication
styles. Upon completion of the course students
should be able to collect and analyse
data for the purpose of resolving issues
directly related to diversity in organisations,
develop skills and competencies of
an intrapersonal and interpersonal nature
so as to better cope with the diverse work
place, analyse the influence of their own
background on behaviour and develop
sensitivity to others, critically evaluate
the nature and effects of preconceptions
and prejudices and their own use of the
two concepts and confidently interact with
others in a number of organisational settings.
MBA 747 – EMPLOYEE RELATIONS
This course aims to provide an in depth
examination of human resource management
in the context of union-management
relations, emphasise how and why unions
form, the legal context, an changing competitive
environment for labour management
relations and cover the dynamics of
the collective bargaining process including
the determinants of bargaining power,
preparation of labour contract demands,
the examination of union-management
relations and negotiation tactics. It assists
students to critically analyse and explain
the process of collective bargaining and
use a variety of conflict resolution techniques
for ending deadlocks during negotiations,
explain how changes in competitive
environment have created the
need for changes in the traditional unionmanagement
relationship, determine the
reasons for unionisation and the likely
impacts in the workplace, critically analyse
and explain the psychological contract
within the context of employee relations
and investigate and analyse the trends
and future developments of employee/
employer relations and relationships.
29

INTERGRATION
MBA – 890 RESEARCH METHODOLOGY
This course aims to develop and extend
students’ knowledge of quantitative and
qualitative research methods as well as
facilitating their understanding and ability
to apply the key methodological principles
in the design of different types of
research. The lecture sessions examine
the relationship between measurement,
theory construction and testing through
the principal methods of data collection
and their applications.
MBA – 899 FINAL THESIS
This is a Thesis of theoretical or empirical
research undertaken on a business topic
in the student’s area of concentration on
the MBA Programme. This is expected to
be an independent research study by the
MBA Candidates on a topic of their own
choice. Subsequent to the approval of such
a Thesis Proposal, a Thesis Supervisor is
appointed from among the MBA Faculty
members of The University of Nicosia to
work closely with the MBA Candidate. The
Thesis may be in the form of an academic
or a scientific (publishable) paper at an
appropriate graduate level. The ultimate
objective of this requirement is to test
the ability of the MBA Candidate to select
a problem, set up a framework for it and
analyse it in an academic perspective so
as to end up with meaningful recommendations
in the end. The paper requires significant
focus on a business issue viewed
through academic thought and research,
and presented in the proper writing style.
The MBA Thesis is not to be a description
of a situation, but an analysis and evaluation
of a problem with specific recommendations
given based on a combination
of research and original thinking.
30

ACADEMIC POLICIES
AND REGULATIONS
The Academic Year
The University of Nicosia academic year follows the American system of higher education
and is divided into semesters. An Academic Year consists of three main semesters
(Fall, Spring, Summer), of 15 weeks duration. Each semester or session commences with
students registering for a number of courses, and concludes with the two examination
weeks covering all of these courses.
Evaluation of Performance
Continuous evaluation of student performance is undertaken throughout the programme.
This includes evaluation of oral presentations, group projects, written reports, tests,
and participation in written examinations.
Transfer Credits
Students who wish to apply for transferring credits earned at another Graduate Programme
must submit along with the application for transfer credits, a course syllabus
(preferably), or course description of the coursework previously completed, and the
appropriate Transcript.
Grading System
At the end of each semester and summer session, final grades are mailed to all students
at their permanent or mailing addresses and are recorded on their permanent record
files in the Registrar’s Office. The following grades are used:
Percentage Grade %
93-100
90-92
87-89
83-86
80-82
77-79
73-76
70-72
67-69
63-66
60-62
0-59
Letter Grade
A
A-
B+
B
B-
C+
C
C-
D+
D
D-
F
Grade Points
4.0
3.7
3.3
3.0
2.7
2.3
2.0
1.7
1.3
1.0
0.7
0.0
32

ADMISSION REQUIREMENTS
MBA ADMISSION POLICY
The following admission requirements must be satisfied for a student to be admitted:
1. An accredited Bachelor’s degree (European, American or equivalent) is required
for admission to the MBA programme.
2. Proficiency in English – Students satisfy the English requirements if their first
degree was taught in English. Otherwise, they would need to present at least a
TOEFL score of 550 paper-based or 213 computer-based, or GCSE “O” Level with
“C” or IELTS with a score of 6.5 or score placement at the ENGL-100 level of the
University of Nicosia Placement Test. The University of Nicosia offers English
courses at various levels to help students reach the required standard for admission.
3. Standardized Test Scores – The Graduate Management Admission Test (GMAT) is
required of all students with a minimum score of 400. Students with a CPA 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 be allowed to take the Foundation
courses but such students will be accepted as MBA students only upon
submission of the GMAT score as stated above.
4. Academic Background – Applicants with a non-business background can be
admitted into the programme but they may have to take preparatory foundation
courses.
5. It is recommended that applicants have previous working experience. Personal
qualities such as motivation, character and leadership play a significant role in
the admission process
6. Letters of Recommendation – Two recommendation letters from persons who
have known the applicant in his/her educational and professional environment
are required.
7. Individual Interviews – is the standard practice for all students. The interviews
elicit motivation, leadership, potential and personal mission. In special cases, where
interviews are not possible, written evidence and data on the applicant’s past work
experience, maturity and personality are assessed to the best possible degree.
PERIOD OF STUDY
This is an intensive study programme which requires 24 months of work. There are
two intakes to the programme, September and January. Students may commence
their studies at either of these two intakes.
33

APPLICATION/REGISTRATION
Upon request, an MBA application package will be sent to candidates. Alternatively
application packages may be obtained from the University or our international representatives.
The package includes an MBA Handbook, an MBA application form and two
pre-set letters. One of the recommendation letters should be completed and signed by
one faculty member of the institution where the candidate obtained his/her Bachelor’s
degree and the other one from his/her current employer.
Student applications and all supporting documents must be in English or Greek. Original
Documents in a language other than English or Greek must be furnished in a certified
translation copy, together with a Notarised Statement as to its association to the original.
Additionally, candidates must bring along all original documents to the University
for visual verification and return.
For Local MBA Students
- Completed MBA Application Form
- Bachelor’s Degree or equivalent qualification
- Academic Transcript/Grade Report
- Other certificates or examination results
- TOEFL/GCE/GCSE/IELTS results
- GMAT results
- Two Reference Letters (From Academic and Professional Referees)
- Four recent passport-size photos
- Curriculum Vitae
- Personal Statement
34

For International MBA Students
- Completed MBA Application Form
- Bachelor’s Degree or equivalent qualification
- Academic Transcript/Grade Report
- Other certificates or examination results
- TOEFL/GCE/GCSE/IELTS results
- GMAT results
- Two Reference Letters (From Academic and Professional Referees)
- Four recent passport-size photos
- Application €55 (non-refundable)
- Visa Fee €86 (non-refundable)
- Bank Statement of Financial Support
- Certificate of Good Conduct
- Passport Copies (6 first pages)
- Curriculum Vitae
- Personal Statement
- Medical Report
The Office of Admissions will not process any Application for Admission unless all
required documents, as listed above, are submitted.
35

ΤΗΕ MBA GRADUATES
Students of The University of Nicosia programme are ambitious people and they come
from different areas of private interest and organisations within government and industry.
Companies and organisations that have sponsored MBA students in the past
include: Royal Dutch Airlines, Revlon, Tradex, Cyprus Telecommunication Authority,
Cyprus Electricity Authority, Air Trans, Cybarco, Demstar, Addidas.
The University of Nicosia MBA provides
students with a rigorous academic challenge
united with a rich personal development
experience. The community of
dedicated faculty and engaged students
allow for invaluable mentoring and teamwork
opportunities.
The smaller class sizes afforded students
the opportunity to connect with instructors
more easily. The professors push
hard toward the application of the material
through research and presentation of
results and impact. In my current position,
this has been critical to my day-to-day
achievements, but also in my career and
in positioning myself for overall success,
the MBA program at UNIC has been invaluable.
If you asked me what I am using in
my current position that I learned in the
UNIC MBA program, I would respond, ‘what
am I not using!
Kyriacos Kyriakides, Manager,
After Sales Service,
Demstar Automotive Ltd
Nicosia, Cyprus.
Moving into a broader leadership role
demanded a deeper understanding of
business, finance and strategy. In many
respects I thought it would be just these
aspects that would benefit me on the MBA,
but I was surprised to find that the people
and leadership aspects of the programme
were exceptionally rewarding and really
grabbed me. I began to appreciate the importance
of understanding oneself in order
to lead others as well as understanding
the important human elements for success
as a leader such as empathetic listening.
36
Petros Petrou, Marketing Director,
Dias Group,
Sales Manager, Sigma TV,
Nicosia, Cyprus.

My MBA journey has been a journey full of
experiences both academic and personal.
I have been inspired and challenged by
the MBA professors, who have gained my
admiration and respect. My MBA experience
eliminated cultural, ethnic, professional
backgrounds and life patterns differences,
developed valuable friendships
and exposed me to a vast opportunity of
networking.
Obtaining an MBA from the University of
Nicosia, is an invaluable investment for
life because you do so through the search
for objectivity, the support of hypothesis,
the critical review of literature and most
of all the enrichment of your knowledge.
My MBA has not only made me a better
professional by providing me with better
skills but has also allowed me to develop as
a person and maximize my potential in life.
Maria Tsangari,
Commercial Finance Manager,
Ermes Department Stores Plc,
Nicosia, Cyprus.
The MBA program provided me with a
personalized education, complete with
practical knowledge that easily conveyed
to real world business situations. The extensive
case study work teaches the MBA
student how to work in a team environment.
I gained a tremendous amount of
practice in speaking in front of groups,
which has served me well in my career.
The University of Nicosia MBA provided
me with very specific technical knowledge
and the ability to take on special projects
in my career.
Fadi Hamra,
Public Relations Director and
Financial Controller
Embassy of the State of Quatar,
Nicosia, Cyprus.
37

FACULTY
Dr. Charitou Melita, Assistant Professor
Ph.D, Accounting & Finance, Middlesex University, U.K.
M.Sc, Financial Management, Middlesex University, U.K.
Dr. Christodoulides George, Consultancy Unit
D.Sc., Management of Technology and Education,
City University, U.K.
M.Sc., Systems and Automation Engineering and
Management, City University, U.K.
B.Sc., Mechanical Engineering, London University, U.K.
Christou Marios, Associate Lecturer
Ph.D (Cand), University of Bradford, U.K.
MBA, Accounting & Finance, Maastricht School of Management,
The Netherlands
Postgraduate Diploma in Financial Strategy, Said Business School,
University of Oxford, U.K.
B.A., Economics and Econometrics, University of Reading, U.K.
Dr. Constanti Panayiotis, Assistant Professor
D.Prof., Educational Management, Middlesex University, U.K.
M.Sc., International Hotel Management, Oxford Brookes
University, U.K.
Diploma, Hotel Management, City College Norwich, U.K.
HCIMA Diploma
38

Dr. Demetriou Marlen, Assistant Professor
Doctorate in Professional Studies, Middlesex University, U.K.
MBA, Marketing, RVB College, Maastricht
Postgraduate Diploma in Management, Mediterranean Institute
of Management
B.Sc., Business Administration, Deree College, Greece
Dr. Georgiadis Dimosthenis, Visiting Lecturer
Ph. D., Computer Science, University of Cyprus
M.Sc., Advanced Internet Technologies, University of Cyprus
B.Sc., Computer Science, University of Cyprus
Dr. Germanakos Panagiotis, Assistant Professor
Ph.D., Web Adaptation & Personalisation Environments,
National & Kapodistrian
University of Athens, Greece
M.Sc., International Marketing Management, Leeds University
Business School, U.K.
B.Sc., Computer Science, University of Nicosia, Cyprus
HND, Computer Studies, Higher Technical Institute, Cyprus
Dr. Hadjidakis Spyros, Associate Professor
Ph.D., Economics, University of Reading, U.K.
M.A., “Contemporary European Studies”, Graduate School of
European and International Studies, University of Reading, U.K.
B.A., Economics, Deree College, Greece
39

FACULTY
Karamanos Neophytos, Visiting Faculty
Ph.D (Cand), in Professional Studies , Middlesex University, U.K.
MBA, Henley Management College, U.K.
M.Sc., Electrical Engineering, Washington University, U.S.A.
B.Sc., Electrical Engineering, Washington University, U.S.A.
B.Sc., Computer Science, Washington University, U.S.A.
Dr. Kartakoullis Nicos, Professor
Ph.D., Sports Management, University of Southampton, U.K.
M.Sc., Sociology of Sport and Sports Management, University of
Leicester, U.K.
MBA, Hospitality and Tourism Management, University of Leicester,
U.K.
M.A. (Ed.), University of Southampton, U.K.
B.Sc. (Hons), Health and Human Performance, Michigan State
University, U.S.A.
Dr. Kaufmann Hans Ruediger, Associate Professor
Ph.D., Marketing, The Manchester Metropolitan University, U.K.
B.A., Business Administration, University of Applied Sciences,
Germany
Kogetsidis Harry, Associate Lecturer
M.Sc., Operational Research, London School of Economics and
Political Science, U.K.
B.Sc. (Hons), Computer Science with Management Science,
University of Luton, U.K.
40

Dr. Kokkinaki Angelika, Associate Professor
Ph.D, Computer Science, University of Louisiana at Lafayette,
LA, U.S.A.
M.Sc., Computer Science, Northeastern University, MA, U.S.A.
Diploma (5 years curriculum), Computer Engineering and
Informatics, Patras University
Dr. Koutsoulis Michalis, Assistant Professor
Ph. D. St. John’s University, Jamaica, New York
Master of Sciences in Education, John’s University, Jamaica,
New York
Master in Business Administration, University of Nicosia, Cyprus
BS. Physical Education, Aristotelian University of Thessaloniki
Department of the Sciences of Physical Education and Athletics
Dr. Ktoridou Despo, Associate Professor
Ph.D., Computer Engineering (Intelligent Expert Systems), Saint
Petersburg Electrotechnical State University, Russia
M.Sc., Computer Engineering, Saint Petersburg Electrotechnical
State University, Russia
B.Sc., Computer Engineering, Saint Petersburg Electrotechnical
State University, Russia
Dr. Lois Petros, Associate Professor
Ph.D. Maritime Studies, Liverpool John Moores University, U.K.
M.Sc., Accounting & Finance, De Montfort University, U.K.
41

FACULTY
Dr. McRoy Ian, Assistant Professor
D.Prof., Change Management, Middlesex University, U.K.
MBA, Henley Management College, U.K.
B.Ed. (Hons), Manchester University, U.K.
Cert. Ed, Manchester University, U.K.
Dr. Melanthiou Yioula, Lecturer
Ph.D., Marketing, University of Manchester, U.K
M.Sc., Marketing, University of Salford, U.K
BA, Marketing, Cyprus College, Cyprus
Dr. Michailidis Maria, Associate Professor
Doctor of Educational Leadership, University of Massachusetts,
MA, U.S.A.
M.A., Social Psychology, University of Massachusetts, MA, U.S.A.
M.A., Clinical Psychology, University of Indianapolis, Indiana, U.S.A.
B.A., Management, University of Masachusetts, MA. U.S.A.
Morphitou Ria, Associate Lecturer
MBA, Maastricht School of Management, Maastricht
B.Sc., Marketing, West Virginia University, U.S.A.
42

Dr. Papasolomou Ioanna, Associate Professor
Ph.D., Marketing Management, Keele University, U.K.
M.Phil., Marketing Public Relations, Keele University, U.K.
MBA, Keele University, U.K.
Postgraduate Certificate in Teaching & Learning in Higher
Education, Keele University, U.K.
Dr. Pavlou Pavlos, Assistant Professor
Ph.D., Management Science, Salford University, U.K.
B.Sc., Mechanical Engineering Science, University of Leeds, U.K.
Dr. Phellas Constantinos, Professor
Ph.D., Sociology, University of Essex, U.K.
M.Sc., Advance Social Research Methods and Statistics,
City University, U.K.
M.Sc., Management Science of Operational Research,
University of Warwick, U.K.
B.Sc., Mathematics, University of Essex, U.K.
Dr. Pouyioutas Philippos, Professor
Ph.D., Computer Science, University of London, U.K.
M.Sc., Databases and Information Systems,
University of London, U.K.
B.Sc., Computer Science, University of London, U.K.
Cert. Ed., Teaching and Learning in Higher Education,
University of North London, U.K.
43

FACULTY
Dr. Roussakis Emmanuel, Visiting Professor
Ph.D., Economics, The Catholic University of Louvain in Louvain,
Belgium
Graduate Certificate in Advanced European Studies received from
the University of Europe in Belgium
MBA, Management, Atlanta University in Atlanta, Georgia, U.S.A.
B.A., Major : Economics, Minor : Law, University of Athens, Athens,
Greece
Dr. Sapuric Svetlana, Lecturer
Ph.D., Finance, CASS Business School, City University, London, U.K.
M.Sc., Investment Management, CASS Business School, City
University, London, U.K.
Postgraduate Certificate in Teaching & Learning in Higher
Education, CASS Business School, City University, London,U.K.
B.A.(Hons), Business and Economics, University of Kent at
Canterbury, U.K.
Dr. Theophanous Andreas, Professor
Ph.D., Economics, The Pennsylvania State University, U.S.A.
M.A., Economics, The Pennsylvania State University, U.S.A.
B.A., Economics and Political Science, Susquehanna University,
U.S.A.
Dr. Thrassou Alkis, Associate Professor
Ph.D., Strategic Marketing Management, University of Leeds, U.K.
B.Eng, Mechanical Engineering Science, University of Leeds, UK.
44

Dr. Tsaklanganos Angelos, Professor
Ph.D., Quantitative Analysis, Management and Managerial
Accounting, Stern School of Business, New York University, U.S.A
M.A., Economics, New York University, Graduate School of Arts
and Science, U.S.A
MBA, Quantitative Analysis, Stern School of Business, New York
University, U.S.A
B.Sc., Business Administration, School of Business and
Economics, Athens, Greece
Dr. Tsangari Haritini, Associate Professor
Ph.D., Statistics, The Pennsylvania State University, U.S.A.
M.Sc., Statistics, The Pennsylvania State University, U.S.A.
B.Sc., Mathematics and Statistics, University of Cyprus
Dr. Turner Geoff, Associate Professor
Ph.D., Accounting, The University of Kent at Canterbury, U.K.
MBA, The University of South Australia, Australia
B.A., Accountancy, The University of South Australia, Australia
Diploma, The Bankers Institute of Australasia, Australia
Dr. Vassilopoulos Petros, Visiting Lecturer
Ph.D., Logistics-Supply Chain Management, London Metropolitan
University, U.K.
Postgraduate, Port and Shipping Administration, Cardiff
University, U.K.
Postgraduate, Management Studies in Shipping, Plymouth
University, U.K.
Fellow of the Institute of Freight Forwarders (FIFF), U.K.
Fellow of the Chartered Institute of Logistics (FCIL), U.K.
45

FACULTY
Dr. Vrontis Demetris, Dean of the School of Business, Professor
Ph.D., Marketing, Manchester Metropolitan University, Business
School, U.K.
MBA (Distinction), The University of Hull, U.K.
Postgraduated Certificate in Education (Higher Education),
Manchester
Metropolitan University
B.Sc. (Hons), Business Studies, Manchester Metropolitan
University, U.K.
46

University of Nicosia
46 Makedonitissas Avenue
P.O.Box 24005
1700 Nicosia - Cyprus
Tel: +357-22841671
Fax: +357-22813531
Email: mba@unic.ac.cy
Website: www.unic.ac.cy