Student Exchange Programmes
About the Department
The modern business environment is undergoing a major transformation: Markets are becoming global, organisations are merging, and regulatory barriers are falling. Information technology creates a virtual business environment where services are rendered, transactions
ake place and deals are concluded more efficiently. The 1980’s had witnessed the transformation of industrialised nations from manufacturers of goods to producers of services. Many advanced developing countries are closely following this lead, while other developing countries are gradually filling the gap in the manufacturing processes. The only constant in today’s environment is change itself. The astute managers who anticipate, comprehend, adapt and even proact in a timely fashion in this dynamic environment will lead their enterprises to success. Those who are unable to cope with rapid change face real threats to the survival of their operation. The adage “lead, follow or get out of the way” becomes particularly relevant for new managers at the turn of the century.
The Department of Public and Business Administration (PBA) aims at developing managers who will lead their enterprises through these exciting times. It offers an integrated programme of studies that emphasizes both breadth of understanding of the business environment, as well as depth in several functional areas. Based on the latest curricula of prominent European and North American academic institutions, it integrates internationally accepted management principles with a sensitivity to the realities and priorities of the local and regional industries. The use of powerful analytical tools and the latest information technology for the support of the tactical and strategic goals of an enterprise play a central role in the programme of studies.
Goals of the Department
The Department’s goal is to: provide local and regional leadership in all aspects of Public and Business Administration, and to achieve international recognition as a centre of business research excellence.
This goal is achieved by a systematic effort in:
(a) The education of tomorrow’s business leaders for Cyprus and the region;
(b) The pursuit of research of international impact; and
(c) The establishment of professional development courses and collaborative projects with local and regional industry.
The Department offers separate B.Sc. degrees in the following areas of concentration:
The degrees emphasize both breadth of education across all functional areas of the business enterprise and substantive depth in one of the above areas.
Students are also expected to acquire a broader liberal arts education through elective courses, besides the requirements for the development of substantial technical skills. Courses in Mathematics, Statistics, Informatics, and Economics are integral parts of the curriculum.
During their last two semesters of study, students have the option to undertake a major thesis project or to take two advanced courses from a list specified by the Department. The thesis project typically involves sponsorship by local industries, and concerns the application of modern business methodologies to practical problems facing the sponsoring institutions.
Graduates of the Department should be able to make immediate and substantial contributions to their industry of employment, and will be well positioned to eventually move into top managerial and leadership roles in accounting, finance, deployment and management of information systems, personnel management and planning, operations and production management, marketing and so on. Employment opportunities exist in manufacturing and trade companies, in banking and insurance, in accounting and auditing firms, in consulting and market research firms, and in the transportation, tourism and utility industries, as well as in the public sector. Graduates of the Department also have the fundamental training to continue a life-long education, and pursue higher degrees (M.B.A., M.Sc. or Ph.D.) either at the University of Cyprus, or at major international academic centres.
Our graduates may earn up to nine (9) exemptions from the examination of the Association of Chartered Certified Accountants (ACCA), and up to eight (8) exemptions from the examination of the Institute of Chartered Accountants of England and Wales (ICAEW).
The Department intends to offer a complete range of postgraduate programmes at the Master (M.Sc.) and Doctoral (Ph.D.) level in all major business disciplines. At present, the Department offers the MSc programme in Finance, and other Master, executive and Ph.D. programmes are under way. Students can already be admitted to the Ph.D. programme with a Finance, Accounting, or Management Science concentration.
The Department offers the following two graduate programmes in Business Administration:
· The Master of Business Administration (MBA) Programme
· The Professional Master of Business Administration (PMBA) Programme
Professional Development and Local Industrial Collaborations
The Department collaborates actively with local industry. This collaboration has both an educational and a research component. On the educational front, we organise professional development seminars and short courses aimed at middle-level and top-level managers. On the research front, we pursue joint projects on problems of immediate concern to large segments of local industry.
Student Exchange Programmes
In 1999, the Department established bilateral student and faculty exchange agreements with several European universities in the context of Socrates/Erasmus as well as other exchange programmes with an international focus. We have hosted students from Italy
and the Netherlands
, while we have sent students to Spain
and the US
. Within the same context, some of our faculty have visited Italy
and other countries and faculty from abroad have visited our Department. In 2001-2002, we established collaborations with high quality academic institutions in Italy
, and Belgium
. Furthermore, we continue our efforts to expand collaborations with academic institutions in other countries as well. Our aim is to provide rich intercultural experiences within an academic framework to both our faculty and students, thus enhancing the research and professional capabilities of those two major stakeholders – our University and the community at large.