Tuition Fees
Tuition Fees 2025 - 2026
| PROGRAMME OF STUDY | Euro | |
|---|---|---|
| 1 | Business Management (4 Years, BA) | 6000 p.a. |
| 2 | Business Management - Marketing (4 Years, BA) | 6000 p.a. |
| 3 | Shipping Management (4 Years, BA) | 5540 p.a. |
| 4 | Shipping Management - Maritime Logistics (4 Years, BA) | 5540 p.a. |
| 5 | Human Resource Management (14 months FT/24 months PT, MSc.) | 6730 |
| 6 | Human Resource Management Corporate Strategy (14 months FT/24 months PT, MSc.) | 6730 |
| 7 | Human Resource Management Corporate Sustainability (14 months FT/24 months PT, MSc.) | 6730 |
| 8 | Business Administration with Shipping (14 months FT/24 months PT, MBA) | 7960 |
| 9 | Business Administration (14 months FT/24 months PT, MBA) | 7960 |
| 10 | Business Administration Entrepreneurship & Digital Innovation (14 months FT/24 months PT, MBA) | 7960 |
| 11 | UWL BA (Hons) in Business Studies with Digital Marketing (3 Years) | 7000 p.a. |
| 12 | UWL BA (Hons) in Accounting & Finance (3 Years) | 7000 p.a. |
| 13 | UWL LLB (Hons) Law (3 Years) | 7000 p.a. |
| 14 | UWL MSc Digital Marketing (12 months FT/24 months PT) | 8000 |
| 15 | Distance Learning - Business Administration (18 Months, MBA) | 6000 |
| 16 | Application/Registration Fee for CIM | 200 p.a. |
| 17 | Application/Registration Fee for Full Scholarships/Exchange Students | 500 |
| 18 | Re-sit Fee for CIM Exams/Assignments | 75 |
| 19 | Re-sit/Extension Fee for CIM Dissertations | 200 |
| 20 | Re-sit Fee for UWL | 100 |
| 21 | Extension/Mitigation Fee for CIM & UWL | 50 |
| 22 | Application/Registration Fee for UWL Bachelor | 500 p.a. |
| 23 | Application/Registration Fee for UWL Master | 500 |
| 24 | Re-take Fee for UWL | 500 |
All of the above programmes qualify for a government subsidy (for Cypriot students) of up to 3420 euro.
Payment Terms
Students will not be allowed to sit for their Final Exams UNLESS they have fully fulfilled ALL their financial obligations. Under no circumstances will the Business School issue Examination Results if ALL financial obligations towards Business School have not been settled.
If a student fails to conform to the terms of payments as stipulated in the Agreement, the Business School reserves the right to ask the student to leave the Business School; in such case, all the rights of the student will be forfeited and the Intranet account will be deactivated.
The Business School offers a 15% discount to students (citizens of the European Union), who pay the whole amount of fees prior to the commencement of the programme.
Refund Policy (Cash Payments and Total Annual Fee Amount Paid)
After classes have commenced, and in case the student decides to cancel his/her studies, 40% of the fees will be refunded, provided the student contacts the Business School within two weeks of their registration day.
No refunds will be made after the lapse of two weeks from the day of registration with Business School.
Please note that the above refunds apply ONLY in cases of CASH PAYMENTS and only when the TOTAL amount of the annual fees has been paid. In the case of students paying in instalments or post-dated cheques before or after the commencement of classes, NO REFUND will be made.
If, for any reason, a student decides to withdraw from their studies BEFORE the programme is duly completed, the Business School will demand that the student pays all outstanding fees.
Revision Fee
If a student fails an assignment and/or examination, they will have to pay a Revision Fee of 50 Euro per hour in case they request for additional tutorials.
Financial Obligations of Overseas Students
Annual tuition fees must be paid in whole to the Business School PRIOR to the arrival of the student in Cyprus. Fees include the cost of issuing a VISA and deposit with Immigration Authority.
Fees Refund
- 2 weeks before classes start: 70% on Tuition Fees
- 1 week before classes start: 50% on Tuition Fees
- After classes have commenced (up to 2 weeks): 40% on Tuition Fees
- After the lapse of two weeks from the day of the registration and after classes have commenced: 0%
