Business Administration

Specialization:
Management
Marketing
Hospitality Management
Human Resource Management

Level of Qualification:

Master Degree

Duration:

12 Months

ECTS credits:

90

Language of Instruction:

English

Students enrolled in this program earn a Master in Business Administration (MBA). The MBA program at the American College aims at providing a highly-competitive education in management issues that will ultimately equip future managers to solve complicated problems and implement creative concepts in their work environment, which will benefit their organization.

Career Prospects and Access to Further Studies

What can you do with a Master in Business Administration degree once you have graduated? A lot. An MBA is extremely versatile and valuable and will allow you to pivot in many different directions depending on your career aspirations, skills and interests. Below you may find popular career pathways open to MBA graduates:

  • General Management (e.g. Chief Executive Officer or Manager in a variety of economy sectors)
  • Accounting, Finance, Banking and Economics (e.g. Chief Financial Officer, Corporate Finance, Insurance and Risk Management, Investment Banker, Policy Maker within public service)
  • Human Resource Management (e.g. Employee Relations, Learning and Development, Recruitment and Talent Management)
  • Manufacturing (e.g. Logistics Management, Operations Manager, Stock Control and Supply Chain Manager)
  • Marketing, Advertising and Sales (e.g. Brand Manager, Marketing Manager, Market Research)
  • Consultancy (e.g. General Management Issues, Issues related to the above pathways)

MBA graduates can work in multinational and global corporations, local businesses or small and medium size enterprises. In addition, they can work as Self Employed (e.g. Consultant, Project Manager or start their own business).

The American College MBA can be a stepping-stone for further academic and professional studies. Many of our MBA graduates have continued with a Doctoral Degree abroad in universities in United Kingdom, United States of America or other countries. Moreover, our MBA graduates have continued their education by obtaining professional qualifications such as the Association of Chartered Certified Accountants (ACCA) and the Chartered Banker Diploma.

Accreditation

This program of study is accredited by the Cyprus Agency of Quality Assurance and Accreditation in Higher Education (CYQAA). CYQAA is the competent authority of the Republic of Cyprus responsible for ensuring the quality of higher education in Cyprus and for the support of the processes provided by the relevant Legislation, for the continuous improvement and upgrading of higher education institutions and their programs of study.

Dipae

The qualification awarded is recognized by the Cyprus Council of Recognition of Higher Education Qualifications (KYSATS). KYSATS is the competent authority of the Republic of Cyprus for the recognition of higher education qualifications.

Kysats

Purpose and Objectives

The ΜΒΑ’s purpose and objectives are:

  1. Preparing managers of high quality who will meet today’s complex and multidimensional work environment;
  2. Developing the necessary skills for operating efficiently an organization;
  3. Developing managers who will be able to integrate the concept and tools of management with the realities of their own business environment; and
  4. Fostering innovative entrepreneurs and creative business leaders with the vision and the skills to turn vision into reality.

Intended learning outcomes

Specialization: Management

Upon successful completion of this program of study, its graduates will:

  1. Demonstrate competency across business disciplines, specifically apply the principles and the theories of Management in order to analyze and evaluate problems and to construct and implement solutions in the business environment.
  2. Demonstrate critical thinking, specifically employ appropriate analytical models and apply critical reasoning processes to evaluate evidence, select among alternatives, and generate creative options in furtherance of effective decision making.
  3. Demonstrate teamwork and leadership skills, specifically function in a variety of work groups using appropriate leadership skills and styles and collaborate with a variety of other people using elements of effective team dynamics to effectively and appropriately structure team work.
  4. Recognize the need for change, and implement practices to facilitate and lead change.
  5. Design and develop processes to create and deliver products and services to achieve competitive advantage.

Specialization: Marketing

Upon successful completion of this program of study, its graduates will:

  1. Demonstrate competency across business disciplines, specifically apply the principles and theories of Management in order to analyze and evaluate problems and to construct and implement solutions in the business environment.
  2. Demonstrate critical thinking, specifically employ appropriate analytical models and apply critical reasoning processes to evaluate evidence, select among alternatives, and generate creative options in furtherance of effective decision making.
  3. Demonstrate teamwork and leadership skills, specifically function in a variety of work groups using appropriate leadership skills and styles and collaborate with a variety of other people using elements of effective team dynamics to effectively and appropriately structure team work.
  4. Integrate marketing theory and practice as to effectively collect, analyse, and interpret data to solve current marketing problems.
  5. Demonstrate advance marketing skills in comprehending market needs to further revise marketing strategy and craft strategic marketing plans leading to sustainable long term profitability.

Specialization: Hospitality Management

Upon successful completion of this program of study, its graduates will:

  1. Demonstrate competency across business disciplines, specifically apply the principles and theories of Management in order to analyze and evaluate problems and to construct and implement solutions in the business environment.
  2. Demonstrate critical thinking, specifically employ appropriate analytical models and apply critical reasoning processes to evaluate evidence, select among alternatives, and generate creative options in furtherance of effective decision making.
  3. Demonstrate teamwork and leadership skills, specifically function in a variety of work groups using appropriate leadership skills and styles and collaborate with a variety of other people using elements of effective team dynamics to effectively and appropriately structure team work.
  4. Use knowledge, operational and strategic management skills, and implement methods to tackle and regulate hotels creatively, tactically and effectively;
  5. Apply major concepts, duties, tools, and policies to effectively manage a hotel;
  6. Recognize social, multicultural, technological, environmental values, issues, and influences on managerial practices and decisions in the international hospitality industry. 

Specialization: Human Resource Management

Upon successful completion of this program of study, its graduates will:

  1. Demonstrate competency across business disciplines, specifically apply the principles and the theories of Management in order to analyze and evaluate problems and to construct and implement solutions in the business environment.
  2. Demonstrate critical thinking, specifically employ appropriate analytical models and apply critical reasoning processes to evaluate evidence, select among alternatives, and generate creative options in furtherance of effective decision making.
  3. Demonstrate teamwork and leadership skills, specifically function in a variety of work groups using appropriate leadership skills and styles and collaborate with a variety of other people using elements of effective team dynamics to effectively and appropriately structure team work.
  4. Integrate the knowledge and skills gained from the core courses in order to address the issues and challenges faced by today’s human resource management professional. 

Demonstrate an ability to apply the theories and practices of Human Resource Management and Leadership in order to achieve a sustainable competitive advantage in the business environment. 

Credit Requirements

The program requires a minimum of 90 ECTS credits as follows:

 ECTS
MBA Core Courses36
MBA Specialization Courses24
Thesis30
Total90

MBA Foundation Courses are offered for the two weeks prior to the beginning of every semester/session. Students without a business degree or students who completed their business degree over seven years ago and do not have managerial experience are required to take the MBA Foundation Courses.

A student may get a Master in Business Administration degree without any specialization by successfully completing 24 credits from any specialization courses as long as he/she does not take more than 18 credits from a particular specialization.

A student can get an additional specialization by successfully completing the courses of the additional specialization.

MBA Foundation Courses

Course Code & TitleHours
ACC501 Accounting12
CSC501 Business Computing6
MTH501 Business Mathematics and Statistics12

MBA Core Courses

Course Code & TitleECTS
ACC601 Financial and Managerial Accounting6
ECO601 Managerial Economics6
FIN601 Financial Management6
MAR601 Marketing Management6
MGT602 Human Resource Management6
MGT607 Strategic Management6

Management Specialization Courses

Course Code & TitleECTS
MGT617 Research Methods6

and 18 ECTS credits from the following:

Course Code & TitleECTS
MGT601 Operations Management6
MGT604 Business Ethics6
MGT605 Managing Corporate Change6
MGT618 Corporate Sustainability6
MGT619 Internship6

The Internship will be in the area of specialization

Marketing Specialization Courses

Course Code & TitleECTS
MGT617 Research Methods6

and 18 ECTS credits from the following:

Course Code & TitleECTS
MAR602 Consumer Behavior6
MAR603 Marketing Research6
MAR608 Strategic Marketing6
MAR609 Digital Marketing6
MGT619 Internship6

The Internship will be in the area of specialization

Hospitality Management Specialization Courses

Course Code & TitleECTS
MGT617 Research Methods6

and 18 ECTS credits from the following:

Course Code & TitleECTS
HOT601 Hospitality Management6
HOT602 Management of Rooms Division6
HOT603 Managing Food and Beverage Operations6
MGT619 Internship6

The Internship will be in the area of specialization

Human Resource Management Specialization Courses

Course Code & TitleECTS
MGT617 Research Methods6

and 18 ECTS credits from the following:

Course Code & TitleECTS
MGT603 Organizational Behavior6
MGT611 Leadership and Innovation6
MGT615 Managing Diversity6
MGT619 Internship6

The Internship will be in the area of specialization

Thesis

Course Code & TitleECTS
MGT616 Thesis30

The Thesis will be in the area of specialization.

Year 1 - Fall Semester

Course Code & Title (MBA Core Courses) ECTS
ACC601 Financial and Managerial Accounting 6
ECO601 Managerial Economics 6
MGT607 Strategic Management 6
Course Code & Title (Specialization: Management) ECTS
MGT604 Business Ethics 6
MGT605 Managing Corporate Change 6
Course Code & Title Specialization: Marketing) ECTS
MAR603 Marketing Research 6
MAR608 Strategic Marketing 6
Course Code & Title (Specialization: Hospitality Management) ECTS
HOT601 Hospitality Management 6
HOT603 Managing Food and Beverage Operations 6
Course Code & Title (Specialization: Human Resource Management) ECTS
MGT611 Leadership and Innovation 6
MGT615 Managing Diversity 6

Year 1 - Spring Semester

Course Code & Title (MBA Core Courses) ECTS
FIN601 Financial Management 6
MAR601 Marketing Management 6
MGT602 Human Resource Management 6
Course Code & Title (Specialization: Management) ECTS
MGT601 Operations Management 6
MGT617 Research Methods 6
Course Code & Title (Specialization: Marketing) ECTS
MAR602 Consumer Behavior 6
MGT617 Research Methods 6
Course Code & Title (Specialization: Hospitality Management) ECTS
HOT602 Management of Rooms Division 6
MGT617 Research Methods 6
>Course Code & Title (Specialization: Human Resource Management) ECTS
MGT603 Organizational Behavior 6
MGT617 Research Methods 6

Year 1 - Summer

Course Code & Title (MBA Core Courses) ECTS
MGT616 Thesis 30

Chrystalla Kazara

Associate Lecturer
Areas of Teaching: Accounting, Finance

Dr Charalambos Louca

Associate Professor
Areas of Teaching: Economics, Business

Charis Millas

Associate Lecturer
Areas of Teaching: Accounting, Finance

Dr Andreas Petasis

Assistant Professor
Areas of Teaching: Business

Dr Yiannos Rossides

Lecturer
Areas of Teaching: Business, Marketing

Dr Christina Tsolaki-Patsali

Lecturer
Areas of Teaching: Human Resource Management, Business

Chrystalla Kazara

Position: Associate Lecturer
Categories: BA – Master’s Degree, BA (Distance Education) - Master’s Degree, Faculty
Areas of Teaching: Accounting, Finance

Higher education (Qualifications, Academic Institution, Award Year) and other qualifications:

Bachelor of Business Administration, European University Cyprus, 2004
Diploma in Banking Studies, Institute of Banking Studies of Cyprus, 2006
Certified Accountant, Association of Chartered Certified Accountants (ACCA), 2010
Certified Fraud Examiner, Association of Certified Fraud Examiners (ACFE), 2016
MBA, Cyprus International Institute of Management, 2018

Dr Charalambos Louca

Dr Charalambos Louca

Position: Associate Professor
Categories: Accounting Bachelor, BA - Bachelor’s Degree, BA – Diploma, BA – Master’s Degree, BA (Distance Education) - Master’s Degree, Computer Science - Bachelor’s Degree, Computer Science – Diploma, Culinary Arts - Bachelor’s Degree, Culinary Arts – Diploma, Digital Marketing – Diploma, Faculty, Hotel Management - Bachelor’s Degree, Hotel Management – Diploma, Tourism Management - Bachelor’s Degree, Tourism Management – Diploma
Areas of Teaching: Economics, Business

Higher education (Qualifications, Academic Institution, Award Year) and other qualifications:

M.Sc. in Economics, University of Economics in Varna, 1988
Ph.D. in Economics, University of Economics in Varna, 1994

Charis Millas

Charis Millas

Position: Associate Lecturer
Categories: Accounting Bachelor, BA - Bachelor’s Degree, BA – Diploma, BA – Master’s Degree, BA (Distance Education) - Master’s Degree, Culinary Arts - Bachelor’s Degree, Digital Marketing – Diploma, Faculty, Hotel Management - Bachelor’s Degree, Hotel Management – Diploma, Tourism Management - Bachelor’s Degree, Tourism Management – Diploma
Areas of Teaching: Accounting, Finance

Higher education (Qualifications, Academic Institution, Award Year) and other qualifications:

BSc in Accounting, University of Cyprus, 2000
MBA in Financial Management, Johnson & Wales University, 2002

Dr Andreas Petasis

Dr Andreas Petasis

Position: Assistant Professor
Categories: Accounting Bachelor, BA - Bachelor’s Degree, BA – Diploma, BA – Master’s Degree, BA (Distance Education) - Master’s Degree, Digital Marketing – Diploma, Faculty, Hotel Management - Bachelor’s Degree
Areas of Teaching: Business

Higher education (Qualifications, Academic Institution, Award Year) and other qualifications:

BA in Business Administration, University of Sunderland, 1999
MBA in Management and Marketing, Maastricht School of Management, 2003
Certificate in Accounting, The Association of International Accountants, 2007
PhD in Human Resource Management, Northcentral University, 2018

Dr Yiannos Rossides

Position: Lecturer
Categories: BA - Bachelor’s Degree, BA – Diploma, BA – Master’s Degree, BA (Distance Education) - Master’s Degree, Culinary Arts - Bachelor’s Degree, Digital Marketing – Diploma, Faculty, Hotel Management - Bachelor’s Degree, Hotel Management – Diploma, Tourism Management - Bachelor’s Degree, Tourism Management – Diploma
Areas of Teaching: Business, Marketing

Higher education (Qualifications, Academic Institution, Award Year) and other qualifications:

BA of Business Administration, Cyprus College, 1995
Master of Business Administration (MBA), Arkansas State University, 1996
Ph.D. (Management & Marketing), University of Stirling, 2011

Dr Christina Tsolaki-Patsali

Dr Christina Tsolaki-Patsali

Position: Lecturer
Categories: Accounting Bachelor, BA - Bachelor’s Degree, BA – Diploma, BA – Master’s Degree, BA (Distance Education) - Master’s Degree, Digital Marketing – Diploma, Faculty, Hotel Management - Bachelor’s Degree, Tourism Management - Bachelor’s Degree, Tourism Management – Diploma
Areas of Teaching: Human Resource Management, Business

Higher education (Qualifications, Academic Institution, Award Year) and other qualifications:

Dip in Banking, Institute of Banking Studies Cyprus, 2007
BA in Business Administration, European University, 2011
Master in Business Administration, Kingston University, 2007
DBA in Human Resource Management, Northcentral University, 2016

 

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Επέλεξα να σπουδάσω το Μaster in Business Administration γιατί θεώρησα ότι ήταν το ιδανικότερο μεταπτυχιακό για μένα. Κατά τη διάρκεια των σπουδών μου έμαθα αρκετά πράγματα που με βοήθησαν, κυρίως σε θέματα Ανθρώπινου Δυναμικού, Μάρκετινγκ και Οικονομικά. Τα πράγματα που μάθαμε εφαρμόζονταν πολύ εύκολα στη δουλεία μας και ήταν πάρα πολύ βοηθητικά για όποιον διοικεί μία επιχείρηση. Στο American College αξίζει ένας φοιτητής να σπουδάσει γιατί οι καθηγητές είναι πάρα πολύ βοηθητικοί, έχουν πάρα πολύ καλό επίπεδο γνώσεων, και ήταν εκεί όποτε τους χρειαζόμασταν για να μας βοηθήσουν και να λύσουμε την οποιαδήποτε απορία είχαμε. Επίσης, τα δίδακτρα είναι πολύ προσιτά σε σύγκριση με άλλα κολέγια και πανεπιστήμια που προσφέρουν το ίδιο καλό επίπεδο σπουδών.

Ioannis Kounnas
Ioannis Kounnas
Master in Business Administration / Cyprus

Ioannis Kounnas

Μετά από χρόνια που πήρα το πτυχίο Μηχανολόγου Μηχανικού συνειδητοποίησα ότι το Master στο Business Administration είναι πολύ χρήσιμο για τους μηχανικούς και για αυτό το λόγο το άρχισα. Το American College έχει πολλά χρόνια εμπειρίας στην προσφορά του Master στο Business Administration. Το American College το έχω ήδη συστήσει σε πολλούς φίλους μου μηχανικούς και γενικά σε διάφορους φίλους που ψάχνουν να κάνουν μεταπτυχιακό γιατί πιστεύω ότι το κολέγιο έχει να προσφέρει πάρα πολλά, είναι για χρόνια στον τομέα της εκπαίδευσης, και βοηθά στο να δημιουργήσεις καλές διασυνδέσεις με τους επαγγελματίες-καθηγητές και τους συμφοιτητές σου.

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Frequently Asked Questions

Can I receive the Cyprus Government Student Sponsorship?

If you are a Cypriot citizen or a citizen of a member state of the European Union, you have lived with your family in Cyprus for the last 5 years and have an annual gross family income of up to €59,000, you may be eligible to receive the Cyprus Government Student Sponsorship of up to €3.420 / year. You can find out if you are eligible for the sponsorship by contacting officers of the College. The College officers are on hand to help you prepare your application for the sponsorship.

I don't have a background in Business Administration. How difficult will be for me to begin the MBA?

Our MBA does not require a Bachelor’s degree in Business Administration. For this reason, free preparatory courses are offered before the commencement of each semester to students who do not hold a Bachelor’s Degree in Business Administration.

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