Master of Business Administration (MBA)

The Master of Business Administration (MBA) aims to develop in students the ability of research and analysis, synthesis and creativity while stressing the vital importance of information and technological development and raising awareness of ethical, social, environmental and international issues affecting administrative decisions. The aim of the MBA is that students improve their interpersonal skills throughout their studies through teamwork. The group activities are part of the assessment methods in most courses of the program.

The Master of Business Administration (MBA) Programme of the Neapolis University in Cyprus is designed in a way that teaches students the latest theories and applications of management science and gives the opportunity to specialize in selected fields. The Master of Business Administration (MBA) provides knowledge and skills in an environment that develops students’ ability to make decisions related to their field, to deepen and broaden their knowledge in the operation and management of businesses.

The teaching method in the Master of Business Administration (MBA) program is participatory and interactive so that students can develop their interpersonal skills through active participation in the learning process and through the institution of collective work, which is the standard method for developing team skills.

“The Master of Business Administration (MBA) in Neapolis University prepares students so as to make a difference in the employment market. The Master of Business Administration (MBA) focuses on ethical, administrative and social responsibilities of business opportunity, allowing students to choose a direction based on their future plans.” Yiannis Politis Director of Postgraduate Business Administration

Program Structure

The Master of Business Administration (MBA) includes five required courses, which are common for all students, the dissertation, the business game, the seminar management skills and four electives that allow students to specialize in their chosen field.

Required Courses

• Human Resource Management
• Management of Financial Resources
• Business Process Management
• Purchasing and Marketing Management
• Business Strategy

Dissertation

The Dissertation of the Master of Business Administration (MBA) is an important part of our pedagogical philosophy and provides an opportunity for students to develop an independent and critical approach to the analysis of business situations.

Business game

Students of the Master of Business Administration (MBA) also participate in the business game. As part of this process, students formulate a business problem, which simulates reality and devise a business plan to solve it by developing their capacity for decision-making.

Administrative Skills Seminar

It consists of a series of workshops providing basic administrative skills to students of the Master of Business Administration (MBA).

Career Prospects

The graduates of the Master of Business Administration (MBA) may:

• Be deployed in the public sector, wider and private sector
• Improve their prospects for career advancement in Business Administration
• Contribute to the development and management of private enterprises

The Master of Business Administration (MBA) prepares students for the business environment with multiple specializations in high-demand sectors.

Specializations

The Master of Business Administration (MBA) includes the following directions:

• MBA in Financial Management
• MBA in Tourism Management
• MBA in Property Management
• MBA in Construction Projects Management
• MBA in General Administration

The Master of Business Administration (MBA) is offered either in an intensive form (one-year duration), or for weekend courses, so it can be accessible to those who work and is supported by an electronic management system – the Moodle.

Tourism Management

The Specialization of Master of Business Administration (MBA) in Tourism Management provides the student with expertise in hotel management, the economics of tourism, tourism marketing, and tourism communication strategies.

This specialization of the Master of Business Administration (MBA) analyzes the economic structure of the tourism industry and the prospects of the tourism industry. The course of quantitative analysis helps the student to understand the different statistical analysis methods and how they are applied in examining problems of the Tourist Industry.

The course of Development and Management of Tourist Destinations Resorts is an innovative course as it is done in conjunction with practice in large hotels, where the student passes all stages of specialization. One of the advantages of the program is the use of new technologies since now the traditional tour operator is converted to a digital agent. At this point are introduced courses of tourism marketing and tour planning, as the internet and tourist trends play an important role in shaping tourism communication policy.

The Specializations lessons are:

• Financial Structures of Tourism Industry
• Quantitative Methods in Business Analysis
• Development of Tourist Destinations and Resorts Management
• Marketing in the Tourism Industry
• Travel Tourism

Financial Management

The direction in Financial Management provides students with the knowledge and tools necessary for financial decision making in businesses and organizations that require specialized knowledge of financial analysis and financial systems.

Students, through the Master of Business Administration (MBA), practice in the design and implementation of financial strategies, including investment projects and strategic acquisitions and mergers.

The knowledge acquired by students in finance will help them develop personal and professional skills and to meet their professional expectations.

The Specializations lessons are:

• Economic Analysis of Financial Markets
• Mathematical and Statistical Techniques in Finance
• Financial Theory
• Corporate Finance

Construction Management

The construction industry is one of the key sectors of the Cyprus economy in which many businesses operate. The MBA in Management of Construction is a unique program in Cyprus aiming to supply businesses with management, which not only is well-trained in business management but also has very good knowledge of the peculiarities of the construction industry and construction projects.

Within this framework, the program provides graduates of all the skills needed to effectively handle the daily challenges facing the construction industry in a highly competitive environment.

The Specializations of the Master of Business Administration (MBA) lessons are:

• Construction Projects Management
• Construction Work Schedule
• Construction Company Management

Real Estate

The Specialization in Real Estate of the Master of Business Administration (MBA) provides general education in business administration, and expertise in the property sector, thus preparing graduates of the Programme for senior management positions in a wide range of companies that are active in real estate and land development.

Within this context, the Programme provides analytical and research skills, which are necessary for the efficient handling of daily challenges faced by a company that operates in this area. It also deepens the basic dimensions of the housing market, such as the economics of real estate, investment aspects of real estate, the main methods of valuation and the process of land development.

The Specializations lessons are:

• Quantitative Tools for the Analysis of Real Estate Market
• International Economics of Property
• The Theory and Practice of Property Valuation
• Property Investment
• Land Development

Schedule

The Course Structure of the Master of Business Administration (MBA) is as follows:

Core Subjects

Managing People and Organisations

• MBA580 Leadership and Organisational Behaviour
• MBA590 Human Resources Management

Accounting Analysis

• MBA550 Accounting and Financial Statement Analysis
• MBA555 Managerial Accounting

Financial Analysis

• MBA540 Managerial Finance

Marketing and Communications

• MBA560 Marketing Management
• MBA520 Business Communications

Operations and Enterprise Management

• MBA570 Operations Management
• MBA575 Total Quality Management

Business Strategy

• MBA581 Business Strategy
• MDIS600 Dissertation

MBA Specializations (Electives)

MBA Real Estate Specialization

• REAL500 Quantitative Tools for Real Estate Analysis
• REAL530 Real Estate Economics
• REAL550 Theory and Practice of Real Estate Valuation
• REAL570 Real Estate Investment
• REAL580 Real Estate Development

MBA Construction Management Specialization

• MBA530 Managerial Economics
• MBA620 Quantitative Business Analysis
• CONS560 Construction Project Management
• CONS570 Construction Scheduling
• CONS590 Construction Business Management

MBA Tourism Management Specialization

• MBA593 Economic Structure and Performance of the Tourism Industry
• MBA620 Quantitative Business Analysis
• MBA591 Developing and Managing Destinations and Resorts
• MBA592 Marketing for Tourism and Hospitality
• MBA594 Travel and Transport Tourism

MBA Finance Specialization

• MFIN520 Economics for Financial Markets
• MFIN500 Quantitative Methods in Finance
• MFIN510 Financial Theory and Valuation Models
• MFIN540 Corporate Finance and Financial Management
• MFIN530 Derivative Securities

MBA General Management

• MBA530 Managerial Economics
• MBA620 Quantitative Business Analysis
• MBA595 Project Management
• MBA586 Business and International Strategy Simulation
• MBA585 Small Business Management