Master of
Business Administration (MBA)

(14 Months FT/24 Months PT)

What is an MBA?

The MBA programme was developed originally in the United States and was introduced in the UK soon afterwards. It continues to expand rapidly both in Europe and in the rest of the world. With the relentless internationalisation of the world economy, an increasing number of companies and organisations require top managers to have an MBA degree. The degree covers not only business administration subjects but a variety of other fi elds, all of which are of vital importance to managers in business and the public sector.

Why have an MBA?

The MBA programme is action-oriented and is designed to accelerate the managerial and leadership development process of candidates. Gaining an MBA from CIM will make you a great deal more competitive in the market place as your knowledge of management skills and operating techniques will be significantly improved. Management in both the private and public sectors requires the highest level of relevant training, as well as vision, analytical skills and the ability to implement far-reaching decisions; our MBA programme stimulates students to look beyond narrow boundaries and horizons, preparing them for higher-level career-planning.

Our MBA is designed for practising managers with previous relevant education, training and work experience who are required to make a major contribution to the policy of their organisations. The specifi c focus of the programme is on enabling managers to operate at a strategic level and manage their organisations effectively in the complex and uncertain business environment of today. Close links have been established with industry, commerce and the public sector, all of whom have contributed to the development and design of the programme.

Course Objectives

At the end of the programme students will be able to:

1. Gain a broad understanding of the managerial techniques for decision making.

2. Provide a global view of organisations and their environment in order to face the challenges of the 21st century.

3. Underline the importance and significance of increased managerial effectiveness and competence, and understand the various strategic approaches.

4. Enrich their development and managerial prospects by learning through their own past experience and their current and future needs, as well as the needs of their market and society.

5. Comprehend and appreciate the concepts and theories of management and see to what extent these theories are applicable in the real and changing world.

6. Understand and evaluate the objectives and importance of formulating strategies in a local and global context.

7. Diagnose and analyse intricate situations and deal with unforeseen exogenous factors affecting the internal environment of their organisation.

8. Deal effectively with human deficiencies and tackle human friction. Lead their teams through tough decisions and times.

9. Face the challenges of career requirements more confidently and increase their advancement prospects for acquiring a senior managerial position.

Recognition

The MBA offered in Nicosia and in Limassol alike is accredited by the Cyprus Quality Assurance Agency and upon completion can be submitted to KYSATS for recognition. As such, Cypriot students are eligible to apply for a government subsidy of up to €3420.

Commencement

Classes commence in October. The academic year runs from October to May, when the final exams take place. From June onwards, students work on their dissertation, which must be submitted in October.

Weekly Hours Taught

The number of weekly taught hours for full-time study is 18 teaching periods per week. The total number of courses taught in one year is 6. For part-time students, the number of weekly teaching periods is 9.

Dissertation

A key requirement of the MBA is a dissertation of 10,000 words, which must be submitted by November or, in case the Dissertation is found wanting further revision by the Institute’s markers, by December. The dissertation must be of satisfactory standard and must contain original research work. Students may be required to present and defend their work to an examining panel. The 10,000-word dissertation is a major part of the MBA and a student not submitting an up-to-standard thesis will not be awarded the degree. The dissertation must be on a pre-agreed topic (agreed with the student’s tutor) and should have a research bias. Students are expected to begin work on their dissertation once exams are over in June. They must submit their work by the end of November of the same year. Students are allocated a tutor, who assists them in the early stages of research in January. The Institute encourages students to undertake studies that are of a current concern to a real organisation, preferably their own if employed.

Dissertations are marked by an internal examiner and moderated by an external examiner. The pass mark is 50% and students’ performance will be indicated on their transcript. In case the dissertation is not of an acceptable standard, students, paying an extra 200 Euros, may re-submit their work, which has to be in by latest December. If the dissertation is again found to be unsatisfactory, then the student will fail their MBA.

Admission Requirements

- A Second Class Honours Degree from an accredited University
AND
- 2 years of work experience
AND
- IELTS 6.5 or equivalent

Duration

(14 months FT/24 months PT)

Accreditation

Accredited by Cyprus Quality Assurance Agency and recognised by KYSATS

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