TIME MBE
University of Cyprus
A programme that provides students with the knowledge and the entrepreneurial skills needed to successfully manage innovative ideas in this ever-changing environment by offering an integrated curriculum blending theoretical concepts with practical applications.
Master in Business Economics: Technology, Innovation, Management and Entrepreneurship
TIME MBE
TIME MBE
is one of the very few programs globally offering students a comprehensive set of skills specifically related to the managerial, entrepreneurial and economic aspects of new technologies, with emphasis on small and medium sized firms.
Designed to
provide students with the knowledge and the entrepreneurial skills needed to successfully manage innovative ideas in this ever-changing environment by offering an integrated curriculum blending theoretical concepts with practical applications.
First round of assessment: 2/4/2024
Second round of assessment: 30/4/2024
Final submission deadline: 14/6/2024
The Faculty of Economics and Management of the University of Cyprus is the only AACSB accredited school in Cyprus and Greece.
Aim and Objectives
Bridging the gap between finance, innovation management and entrepreneurship, focusing on business strategy, financing innovation, access to capital markets and intellectual property.
TIME seeks to develop in each graduate coming from different backgrounds the capacity to:
- adapt and to understand the changing business arena
- creatively use, shape, and generate value from technological opportunities
- recognize and confront new opportunities in the business environment
- evaluate and respond to emerging threats
- interact with and lead diverse groups of people
- analyze and evaluate business operations and processes
- synthesize and apply cross-functional approaches to organizational issues.
A Bachelor degree with good performance in any discipline from a Greek, Cypriot or foreign University or Polytechnic is a minimum requirement for admission to TIME MBE program. The Bachelor degree is not required to be in economics. Positions are routinely offered to candidates with degrees in mathematics, statistics, business, and other fields.
Additionally, candidates are judged on the basis of the following:
- Previous university education
- Letters of recommendation
- Personal interview (if judged necessary)
The TIME MBE program will also consider additional relevant information submitted by candidates, such as research activity, work experience, conference attendance, etc. No rules of transfer / recognition of prior education are applied on the Program.
- G.C.E. O-Level English with a minimum grade “C”.
- I.G.C.S.E. English with a minimum grade “C”.
- I.E.L.T.S. minimum average score 6.5.
- T.O.E.F.L. with a minimum score of 550 (Paper-based) or T.O.E.F.L. with a minimum score 213 (Computer-based) or T.O.E.F.L. (Internet based) with a minimum score 92.
- Cambridge English First (FCE), with a minimum score 176.
- Cambridge English Advanced (CAE), with a minimum score 176.
- Cambridge English Proficiency (CPE), with a minimum score 176.
- Certificate of Proficiency in English (ECPE), with a minimum score 650.
- Anglia Examinations – Proficiency (C1).
- IB diploma (International Baccalaureate).
- Certificate of success in the exams conducted by the Ministry of Education and Culture.
- Certificate of success in year 6th final exams, of the Cyprus State Institutes of Further Education.
- Any other equivalent exam that will prove proficiency in English language.
- Personal interview.
- Candidates who hold a degree from a recognized university programme taught in English are considered to have proficiency in English.
Course coordinator
Duration
3 semesters
Program language
English
Study Mode
Full Time
Tuition Fees
€6,000
Supervised Internship
A summer internship that offers the invaluable experience of working in an innovative firm or organisation.
Cirriculum
A curriculum comprised of three modules: Business Economics & Data Analytics, Business Management & Finance, and Technology Innovation & Entrepreneurship.
A Master's in Business Economics provides a strong foundation in basic economic principles and simultaneously meets the needs of decision-makers and entrepreneurs in business and related areas.
During the course students develop a critical ability in applying economics to practical scenarios in real-life situations. Diverse courses span both traditional and emerging field in economics. The program produces professionals with the multidisciplinary background required in economics and business; lateral thinkers who are analytically strong and adaptable.
The Summer Internship offers the invaluable experience of applying skills and knowledge. It provides the opportunity to work at a host organisation, such as a private company, public institution, consultancy firm, research organisation, university or NGO.
Summer internship
Students prepare a report which is submitted to the program and is signed by their internship supervisor.
After completion of the internship the student is expected to be able to: (a) apply knowledge and skills acquired during the course of study; (b) better execute certain professional skills; (c) work independently (d) understand and function within the organizational culture; (e) expand his/her professional network.
Program Structure
TIME MBE is a full-time 15th month program with 105 ECTS needed for a successful completion. All courses are required.
- The Academic Modules (September – May, 60 ECTS)
- The Summer Practicum (May – July, 15 ECTS) A Supervised Summer Internship
- The Master Thesis (May – December, 30 ECTS)
| Semester 1 | |
| Code/Course | ECTS |
| MBE5101 Business Economics | 4.0 |
| MBE5102 Economics of Innovation and R&D Spending | 4.0 |
| MBE5103 Data Analytics and Quantitative Methods | 4.0 |
| MBE5104 Behavioral Economics | 4.0 |
| MBE5204 Financial Management for Innovative Firms | 3.0 |
| MBE5206 Firm Performance Evaluation | 4.0 |
| MBE5306 New Technology Ventures | 3.0 |
| Semester 2 | |
| Code/Course | ECTS |
| MBE5201 Finance & Accounting for Decision Making | 4.0 |
| MBE5202 Marketing & Management for Innovative Firms | 4.0 |
| MBE5203 Competitive Decision Making and Negotiations | 3.0 |
| MBE5205 Global Economic Challenges | 4.0 |
| MBE5301 Strategy for R&D Intensive Firms | 4.0 |
| MBE5302 Decision Making for Innovative Ventures | 4.0 |
| MBE5303 Intellectual Property Rights and Technology Transfer | 4.0 |
| MBE5304 Use of Innovation and Knowledge in R&D Intensive Firms | 4.0 |
| MBE5305 Skills for Small Firm Development | 3.0 |
| Summer Semester | |
| Code/Course | ECTS |
| MBE5400 Internship | 15 |
| Semester 3 | |
| Code/Course | ECTS |
| MBE5500 Master Thesis | 30 |
students
students
TIME MBE offers skills sought by graduates and young professionals who aim to find employment in high-tech industries that manage R&D programs and intellectual property assets.
The skills TIME offers will be useful to entrepreneurs aiming at starting their own enterprise. All of our graduates gain full employment or continue with further studies shortly after graduation. Students graduating from this program are employed mostly in private organizations (including financial services), academia and the public sector.
Faculty
TIME MBE is taught almost exclusively by tenure track faculty (active researchers) visiting professors from University of Warwick, ESSCA School of Management (France), University of Crete, CIIM
