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Committed to Excellence in Europe SCHOOL OF BUSINESS MBA HANDBOOK 2011-2012

Committed to Excellence in Europe · cated to excellence in management educa-tion and performance. The University’s policies and strategies emphasise the key role that good management

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Committed to Excellence in Europe

SCHOOL OF BUSINESS

MBA HANDBOOK 2011-2012

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CONTENTS

WelcomeWhy in CyprusUniversity of NicosiaIntroductionMBA Programme PhilosophyMBA Programme StructureThe MBA Courses of InstructionAcademic Policies and RegulationsAdmission RequirementsThe MBA GraduatesThe MBA Faculty

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Committed to Excellence in Europe

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Dear MBA students:To become an exceptional business leader in a rapidly changing world, you need an exceptional MBA. The University of Nicosia MBA offers a unique lifetime ex-perience to those who seek to be accom-plished and authentic business leaders. The University of Nicosia MBA provides all the academic rigour you should expect from a top-tier programme.

Committed to excellence, our MBA is one of the best offered in Cyprus and the Eastern Mediterranean region, with state of the art facilities and technological support. Our relationship with the business and educational communities in Cyprus, the European Union, the United States and other parts of the world, projects another challenging endeavour for you.

Through our MBA programme at The University of Nicosia you will be exposed to a plethora of challenges and great op-portunities to enhance your personal and career horizons. Our programme is taught by faculty who have a wealth of teaching, research, and real business world experi-ence, and who will provide the necessary tools for an all-round educational experi-ence.

The University of Nicosia MBA aims to develop competent, entrepreneurial, internationally oriented, and socially responsible managers who can master tomorrow’s challenges. We believe that companies and societies need managers and leaders who can think beyond the logic of a single department or unit, and take into consideration broader corporate and societal interests.

In today’s world, people like you will play a significant role in shaping the global business environment with all its idiosyn-crasies and peculiarities. You will need to possess leadership, and international business, technical, managerial, cross-cultural, and organisational skills. These qualities will make a difference not only in Cyprus and Europe, but the rest of the world as well. We will ensure that upon the completion of your studies you will be well equipped to face the aforementioned issues.

Our philosophy towards teaching has enabled us to create an effective and stimulating learning environment. We think that a combination of solid theory, practical case studies and close interac-tion with industry set The University of Nicosia MBA apart from all other business schools.

Overall, it is a programme designed for business people with the determination to be skilled and knowledgeable leaders who can influence people, offer strategic direction, and make good use of financial, marketing, human and technological re-sources. Our mission is to create gradu-ates who can out-think and out-smart the competition.

Prof. Dr. Demetris VrontisDirector, MBA ProgrammeDean, School of Business

A WARM WELCOME TO ALL MBA STUDENTS

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Cyprus is situated in the northeastern corner of the Mediterranean, at the meeting point of Europe, Asia and Africa. Since the dawn of history, Cyprus has been one of the most interesting areas of the region and has a rich and visible cultural history. Ancient Greeks, Egyptians and Romans along with Crusaders, Byzan-tines, Franks and Ottomans have all left a powerful legacy for the modern visitor to see and admire.

Cyprus is endowed with golden beaches, virgin green forests and other natural wonders. The environment remains free from pollution and other ill-effects common to industrialised countries.

Cyprus enjoys a wonderful Mediterranean climate. Apart from the light rainy season between November and March, Cyprus is sunny most of the time. Mean tempera-tures range from 80C (420F), during the coldest month of December to 350C (960F) during the hottest month of August.

The weather however is not the only at-tractive feature of the island - Cypriots are equally famous for the warm and friendly welcome they extend to visitors.

The Cyprus economy is booming and po-litical stability is firmly established. In May 2004, Cyprus officially became a member of the European Union and thus bridged Europe to the Middle East and the rest of the world. Having emerged as one of the region’s leading business and financial centres, the island enjoys competitive advantages in areas such as tourism, con-sultancy, shipping, telecommunications, banking and insurance services.

Because Cyprus provides an ideal setting for higher learning, it is no wonder that it has become a major international edu-cation centre, attracting scholars and students from all over the region. This cultural diversity makes it a forum for international understanding and peace, thus providing a firm foundation for the educational philosophy of The University of Nicosia.

WHY IN CYPRUS?

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Founded in 1980, The University of Nicosia has an established reputation for quality higher education. The University of Nicosia is the largest and most prestigious Univer-sity in Cyprus. Indeed, a relevant opinion survey conducted by an independent research firm showed The University of Nicosia to be “the most reputable Univer-sity in Cyprus”.

As a modern, progressive institution, The University of Nicosia offers unique educa-tional opportunities to students of varied backgrounds.

At The University of Nicosia, students benefit from:- The opportunity to earn the University’s reputable qualification.- Its international character and diverse academic and professional expertise.- Its extensive links with the industry.- The experience of being a member of an international student body. The University of Nicosia students come from many nations to prepare for leadership positions in the professions, the arts, government, industry and commerce.

The University of Nicosia is situated in the outskirts of Nicosia. Nicosia has been the capital city of Cyprus since the 12th century AD. It is the seat of Government and the principal diplomatic, administra-tive and commercial centre of the island. The city is rich in cultural and historical heritage with museums, theatres, art gal-leries and libraries. Foreign embassies and consulates are also located in Nicosia. The capital is an ideal centre for both business and leisure, with easy access to the is-land’s other cities, beaches and mountain resorts. A recognized centre for global business, Nicosia is also a popular venue for many international seminars and con-ferences, with an excellent infrastructure including the International Conference Centre. Clearly, this overall environment is ideal for students interested in business, computing and related fields.

The University of Nicosia is housed in new purposed-built premises on a 30-donum site and provides ample room for lectur-ing purposes, 45 classrooms, specialised teaching labs and studios. These include 12 Computer Labs [including a Multimedia and a Design Lab], a Radio-TV Production room, a large Computer Engineering Lab, an Art Room, a Digital Processing Lab, 2 Biology and Chemistry Labs, 2 Aesthet-ics Labs, Catering Labs and a Studio for Graphic and Interior Design. The campus also accommodates 13 amphitheaters, a cinema theater [Cine Studio], a gym, a games room, a cafeteria and a restaurant as well as a separate library building.

WHY AT THE UNIVERSITY OF NICOSIA?

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INTRODUCTION

The University of Nicosia is international in philosophy, development and outlook. Conscious of its unique location at the crossroads of three continents, the Uni-versity strives to enhance opportunities for education and understanding between people of different cultures. The Univer-sity of Nicosia aims to promote both high academic standards and high principles of character. Students are encouraged to acquire facts and competencies in various skills, as well as to develop cultural aware-ness, social responsibility, and personal integrity.

The University of Nicosia is Cyprus’ leading University with its MBA Programme dedi-cated to excellence in management educa-tion and performance. The University’s policies and strategies emphasise the key role that good management plays in competition, growth and productivity. Its activities translate that into specific efforts in executive and student education, degree granting, business consulting and management research.

The University of Nicosia’s MBA Pro-gramme is dynamic and intensive, and it reflects a policy that stresses flexible specialisation, experiential learning and optimum use of study time. The content and structure of The University of Nico-sia’s MBA Programme is constantly adjust-ed, incorporating the latest approaches to Management education and Execu-tive training. Our primary mission is to prepare the students to become effective managers in today’s globally competitive environment in order to meet the needs of industry and governments throughout the world.

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MBA PROGRAMME GENERAL PHILOSOPHY

• Gaining a competitive advantage is the key to our world today. Rapid contemporary change in economic policies and structures, including the globalisation of industries and markets, is driving countries, organisations and individuals to continuously search for a competitive edge.

• Managerial ability is proving to be the most critical building stone of tomorrow’s Firm Specific Advantages. Those fulfilling a managerial task, or performing a managerial role in our business structures today, will most likely require a vast mix of skills that will certainly differ considerably from traditional wisdom. Without these skills they may not be able to either gain or maintain the competitive advantage essential for survival and growth. Geographical boundaries and stage of economic growth may not have as significant an impact as we have witnessed so far. The essence will be the demonstration of excellence and a striving for comparative advantage. These are the underlying principles that influenced The University of Nicosia in the design and operating philosophy of its MBA programme.

The Master’s in Business Administration programme is designed to offer an insight into professional possibilities and modern organisations functioning in the context of today’s competitive world. The pace of the programme is vigorous. It aims to provide participating students with the skills necessary to guide both their short and long term decisions.

• The curriculum aims at integrating theory with practice. Each of the core and specialisation modules involves lectures, discussions, project assignments, role-playing, case studies and applied class work. The participants consistently deal with realistic managerial and professional problems. The curriculum also includes visits by Executive guests from business and industrial corporations.

The University of Nicosia MBA programme offers the possibility of five concentrations, namely:

- Management - Marketing - Finance - Management Information Systems (MIS) - Human Resource Management (HRM)

MBA Programme Accreditation

• The University of Nicosia MBA Programme is locally accredited by CEEA(ΣΕΚΑΠ),theMinistryofEducation of Cyprus and KYSATS

• The University of Nicosia School of Business is a member of AACSB - International Association to Advance Collegiate Schools of Business - U.S.A.

• The University of Nicosia has received recognition by the European Foundation for Quality Management (EFQM) as “Committed to Excellence!”

• The University of Nicosia School of Business is a member of EFMD - European Foundation for Management Development - Europe.

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The University of Nicosia MBA Programme requires students to complete 46 credit hours/120 ECTS, in order to obtain the MBA Degree. In addition, our MBA Programme offers free foundation courses. These foundations are scheduled twice a year and are offered to students with no business qualifications or background, free of charge.

MBA Foundation Courses

MBA 510 Foundations in Economics MBA 520 Foundations in Accounting MBA 530 Foundations in Statistics and Research * Students with a business related degree or background may be exempted from the Foundation Courses

• The University of Nicosia MBA Core Programme consists of 8 Core Courses. These Core Courses are designed to provide the student with an integrated education in all the fundamental areas of business.

CORE COURSES (24 credits / 60 ECTS)

CREDITS ECTSMBA-603 Decision Making Methods & Tools 3 7.5MBA-609 Organisations and HR Management 3 7.5MBA-611 Business Economics 3 7.5MBA-612 Financial & Managerial Accounting 3 7.5MBA-622 Financial Management 3 7.5MBA-667 Strategic Marketing 3 7.5MBA-670 Operations & Quality Management 3 7.5MBA-685 Corporate Strategy 3 7.5 24 60

THE MBA PROGRAMME STRUCTURE

SPECIALISATION ELECTIVES (12 Credits/30 ECTS)*

*Students get to choose four out of seven courses from one of the five specialisations offered: Management, Marketing, Finance, MIS (Management Information Systems), HRM (Human Resource Management)

OPTION A - MANAGEMENT CONCENTRATION CREDITS ECTSMBA-701 Organisational Behaviour 3 7.5MBA-703 Business Ethics 3 7.5MBA-705 Consultancy Process 3 7.5MBA-706 Managing Corporate Change 3 7.5ΜΒΑ-707 EntrepreneurshipandSME’s 3 7.5MBA-708 Supply Chain Management 3 7.5MBA-709 Management Science 3 7.5

OPTION B - MARKETING CONCENTRATIONMBA-711 Relationship Marketing 3 7.5MBA-712 Market Research 3 7.5MBA-713 Consumer Behaviour 3 7.5MBA-716 Marketing of Services 3 7.5MBA-717 Corporate Social Responsibility 3 7.5MBA-718 Marketing Communications 3 7.5MBA-719 Global Marketing 3 7.5

OPTION C - FINANCE CONCENTRATIONMBA-721 Portfolio Analysis 3 7.5MBA-722 Financial Markets & Institutions 3 7.5MBA-723 Financial Risk Management 3 7.5MBA-724 Global Financial Strategies 3 7.5MBA-726 Working Capital Management 3 7.5MBA-727 Corporate Governance 3 7.5MBA-728 Advance Corporate Finance 3 7.5

OPTION D - MIS CONCENTRATIONMBA-730 E-Business 3 7.5MBA-733 Web Design & Development 3 7.5MBA-735 Business Data Communication and Security 3 7.5MBA-736 Enterprise Information Systems 3 7.5MBA-737 Knowledge Management 3 7.5MBA-738 IT Project Management 3 7.5MBA-739 Business Intelligence 3 7.5

OPTION E - HRM CONCENTRATION MBA-741 HR and Organisational Development 3 MBA-742 Managing Performance 3 MBA-743 Employee Resourcing 3MBA-744 Leadership and Innovation 3MBA-745 Employment Law 3MBA-746 Managing Diversity in Organisations 3MBA-747 Employee Relations 3

INTERGRATIONMBA-890 Research Methodology 4 10MBA-899 Thesis 6 20

TOTAL 46 120

* Each concentration is offered subject to sufficient demand.

7.57.57.57.57.57.57.5

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The MBA courses of instruction are briefly described below in a code numeric se-quence. They are not and should not be considered as the detailed syllabuses of the courses offered at The University of Nicosia. The complete and detailed syllabi (course description) can be obtained from the Office of the MBA Programme at The University of Nicosia.

MBA-510 FOUNDATIONS IN ECONOMICSThis course is designed for students with no previous background in economics. It examines the fundamental economic prin-ciples such as scarcity and choice, oppor-tunity cost, demand and supply, elasticity, cost of production and market structures.

MBA – 520 FOUNDATIONS IN ACCOUNTINGThis course covers basic topics of knowl-edge from accounting. The objective is to familiarize students whose undergraduate studies are not in business to the disci-pline of accounting. The course examines the basic principles of accounting, and the ways in which accounting statements and financial information can be used to improve the quality of decision making. The main topics covered in this course include the double entry system, the ac-counting cycle, preparation of the basic financial statements, and partnerships.

MBA – 530 FOUNDATIONS IN STATISTICSThe objective of this course is to prepare students for the course MBA-603 (Deci-sion Making Methods & Tools) and it is designed for those students who did not have undergraduate statistics or who had it long time ago. It covers basic descriptive statistics and Calculus including “Organi-sation of Data”, “Graphical Data Analy-sis”, “Descriptive Measures”, “Probability Theory and Applications”, “Probability Distributions”, and “Calculus Concepts” used in Decision Theory. An introduction to Statistical Software will also be included in the course.

MBA FOUNDATION COURSES

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MBA – 603 DECISION MAKING METHODS & TOOLSThe objective of this course is to introduce the students to decision making methods and tools, as they are applied in business and management. The course is divided in three parts, the first part introduces students to inferential statistics as they are applied in business and management deci-sion making, the second part introduces students to the principles of regression and forecasting methods as applied in business and management and the third part introduces students to the principles of optimisation and decision theory. A number of applications and case studies will be discussed with the students in order to provide them with virtual hands-on ex-perience in decision making.

MBA – 609 ORGANISATIONS & HUMAN RESOURCE MANAGEMENTIntroduces MBA students, to a comprehen-sive review of essential personnel manage-ment concepts and techniques focusing on practical applications that all managers need to deal with their HR related respon-sibilities. The course focuses with specific explanations and illustrations on essential HR management topics like job analysis, selection and recruitment, testing, train-ing and development, compensation and performance appraisal.

MBA – 611 BUSINESS ECONOMICSThis course examines economic and stra-tegic managerial decisions under various economic and market conditions. It also adopts an international comparative per-spective in order to highlight how different economic systems and structures, influ-

ence economic and business performance, market environment and thus corporate strategies.

MBA – 612 FINANCIAL & MANAGERIAL ACCOUNTINGThis course aims to give students a general overview of financial and management ac-counting theory and practice. It assumes that students have a basic knowledge of the techniques covering financial account-ing and in particular the following topics: double entry, the accounting cycle, main financial statements and preparation of the Financial Statements. Therefore, the topics that will be covered will be Cash flow statements, analysis of financial state-ments, issues related to contributed capital (legal capital, preferred stock, treasury stock, stock splits, etc.), and income and changes in retained earnings (earnings per share, dividends, and statement of changes in stockholders’ equity). In the second half of the course, students will address Management Accounting covering Planning and Control, Short-term Decision Making, Strategic Management Accounting and the Management of Working Capital and Sources of Finance.

MBA – 622 FINANCIAL MANAGEMENTThis course addresses the principles, con-cepts and practices of corporate financial management, and the theories and appli-cations underlying the financial decision making process. Topics covered include the agency theory, valuation, capital struc-ture and cost, capital budgeting, corporate bankruptcy, working capital management, dividend policy, and mergers and acquisi-tions.

MBA – 667 STRATEGIC MARKETINGThis core course aims to provide students with a comprehensive knowledge basis in the field of marketing, including its phi-losophy, application and strategic context. The course describes the leading theories and models that are used to explain key concepts in strategic marketing and identi-fies the external and internal forces that impact upon the choices involved in the development, production and distribution of goods and services. The course addi-tionally cultivates the skills and competen-cies required towards strategic marketing planning, with various tools and processes being presented both as a theoretical basis and in their practical application frame-work. The students are finally taught how to practically integrate theory with practice towards the development of a strategic marketing plan.

MBA – 670 OPERATIONS AND QUALITY MANAGEMENTThe course examines the basic ele-ments of operations management with particular focus on inputs and suppliers, process and capacity planning, forecast-ing, inventory management, product and project management, implications of globalisation, and the issue of quality and competitiveness. Emphasis is placed on demonstrating how the op-erations function can support business strategy.

MBA – 685 CORPORATE STRATEGYManagers face no greater challenge than that of strategic planning and stra-tegic management. Guiding a complex organisation through a dynamic, rapidly changing environment requires the best of judgment. Strategic planning issues are invariably ambiguous and unstruc-tured, and the way in which manage-ment responds to them, determines whether an organisation will succeed or fail. In this capstone course students will be asked to face the aforemen-tioned challenges. They will become familiar with the strategic planning process in the for-profit, nonprofit sectors, within the context of the global aspects of strategy.

CORECOURSES

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SPECIALISATIONPATHS

MBA – 701 ORGANISATIONAL BEHAVIOURIntroduces MBA students to the impor-tance of effective design and management of organisations through, the thoughtful application of knowledge concerning the behaviour of people in the workplace. The emphasis is on the human actor who is central to organisational effectiveness and success. The course focuses on develop-ing professional competencies related to topics such as motivation, communication, leadership, group and team work, organi-sational change design, culture and change and occupational stress.

MBA – 703 BUSINESS ETHICSHow do people live their lives according to a standard of ‘right’ or ‘wrong’ behaviour? The concepts of ‘business ethics’ are exam-ined, where employees face the dilemma of balancing their own moral standards with those of the company they work at. Should the business world be viewed as an artificial environment, where the rules by which you choose to live your own life don’t necessarily apply?

MBA – 705 CONSULTANCY PROCESSThe course is designed to make students reflect on the process of working as a consultant and develop a personal vision on the role of a process consultant. Fur-thermore, this course aims at develop-ing understanding and skills in handling sensitive issues in consultancy, such as building trust, ethical problems, ensuring implementation and overcoming resistance to change, as well as developing skills in acting as a facilitator in team-building. Furthermore, this course aims to develop understanding and skills in the various

aspects of managing a consultancy firm and consultancy assignments.

MBA – 706 MANAGING CORPORATE CHANGEThis course’s focus is on the management of change in contemporary organisations. The information presented will cover the theories, models, methods and techniques used by change agents to bring about posi-tive change within organisations. Here, the primary emphasis will be on: (1) an open systems model of organisation; (2) an action research framework for change agent (consultant) engagement, (3) the interrelated methods and associated tech-niques of organisational development, total quality management, and business process re-engineering, and (4) complementary tools, techniques and future trends.

MBA – 707 ENTREPRENEURSHIP AND SME’SThe course aims at demystifying the process of starting a business by present-ing difficult business concepts in a manner that can be assimilated by the small busi-ness entrepreneur. Students will learn how to start a small business, operate a small business and turn their ideas into viable business opportunities.

MBA – 708 SUPPLY CHAIN MANAGEMENTThis course examines all issues related to Supply Chain Management. Topics include purchasing, vendor relations, inventory strategies and control, warehousing, mate-rial handling, layout planning, packaging, and transportation, combined under supply chain management general aspects. Stu-dents will gain applied experience through lectures, problem sets and case studies.

MBA – 709 MANAGEMENT SCIENCEThis course aims to introduce students to Management Science - a scientific ap-proach that uses rational analysis and objective reasoning to help managers make better and faster decisions. The course covers a range of management science methods and explains how managers can put their problem solving and decision making on a scientific, logical and rational basis. The course concentrates on appli-cations rather than theory and its topics are described by examples, with complex theoretical argument having been kept to a minimum. In today’s complex business environment, firms are required to process ever-increasing amounts of information and operate under fierce competition. These challenges create a growing demand for managers who possess the technical and analytical skills required to exploit the available resources and to improve business performance.

MANAGEMENT

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MBA – 716 MARKETING OF SERVICESThe course is designed to deepen the con-ceptual and practical understanding of the broad range of issues challenging the marketing manager of a service organi-sation; to sharpen the understanding of the strategic differences, both of theory and application, of service marketing; to broaden the appreciation of initiatives and experiences in the service sector; to encourage critical evaluation of these ex-periences and initiatives in the light of conceptual issues in both home-country and global conditions; and to appreciate and utilise the considerable relative weight of people as a primary factor of success in the majority of service organisations.

MBA – 717 CORPORATE SOCIAL RESPONSIBILITY The course aims to provide the students with a comprehensive understanding of the Societal Concept of Marketing. Major emphasis is placed on corporations’ stake-holders, ethics and public policy. Strate-gies like Corporate Social Responsibility, Corporate Citizenship, Green Marketing and Corporate Philanthropy are analysed through a critical theoretical approach, case studies and other means of devel-oping the required knowledge and under-standing of the subject. Students will un-derstand the need for Marketing Managers to create marketing strategies which can integrate stakeholder interests, respect personal values, support community de-velopment and at the same time to be economically successful.

MBA – 718 MARKETING COMMUNICATIONSThe course deals with both the theoretical background and the practical skills neces-sary for the management of an organisa-tion, its need to communicate strategically and effectively in the contemporary media context, which is part of the corporate world today. It focuses on the tasks of the specific communication subjects of Public Relations, Promotion & Advertising. The student is taught how to practically apply methods and communication skills in ways which enhance the dynamic functioning of a corporation in a competitive market, while creating and maintaining a strong image internally and externally, within the general organisational marketing strategy.

MBA – 719 GLOBAL MARKETINGThe course teaches the general principles of marketing as related to global markets, including foreign market entry, local mar-keting and its contribution to global busi-ness management. Furthermore, it is de-signed to develop the students theoretical understanding of strategic market planning through the process of case study and simulation of company decision-making processes.

MBA – 711 RELATIONSHIP MARKETINGStudents develop skills in planning, con-structing and organising one-to-one client marketing activities as part of organisa-tional strategic marketing. Included in these activities are collaborative relation-ships between consumers and sellers that can be applied by both small and large organisations. New technologies in inter-active marketing and in database creation and implementation are studied through case analysis and application. MBA – 712 MARKET RESEARCHStudents are taught theories and tech-niques of planning, conducting and pre-senting market analyses, sales and market potential, sales forecasts, distribution options, marketing cost and profit pro-jections, and major market product and advertising studies. The course helps the MBA student develop and practice through appropriate case studies an understanding of how to apply theory to specific market-ing problems. MBA – 713 CONSUMER BEHAVIOURThe course promotes an understanding of consumer decision processes devel-oped through appropriate applications of behavioural sciences. Consumer decision making processes are further considered in the context of environmental and cul-tural dimensions. The implications of these processes are also considered in relation to product position planning, marketing organisational strategies, and decision-making in strategic market planning.

SPECIALISATIONPATHS

MARKETING

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MBA – 724 GLOBAL FINANCIAL STRATEGIESThe Global Financial Strategies course deals with the theoretical and empirical aspects of the strategic financial envi-ronment and management of firms that operate in a global business arena. Multi-National Enterprises (MNEs) and TransNa-tional Corporations (TNCs) are the prime concern of this course. The course aims at developing a body of knowledge, practices, attitudes, and skills, needed to make finan-cial decisions for topics where Corporate Finance leaves off.

MBA – 726 WORKING CAPITAL MANAGEMENTAnalysis of long- and short-term resource allocation strategies used by corporations. The course covers working capital man-agement, including but not limited to cash management and inventory management models, and combines theory and applica-tion. Furthermore, it analyses intermedi-ate theories and techniques of cash, ac-counts receivable, inventory, and accounts payable management.

MBA – 727 CORPORATE GOVERNANCEThe MBA students will be exposed to the concept of corporate governance as a new approach for enhancing the return on capital through increased accountability and transparency of the Board and Man-agement of a corporation. The course will address not only the history and evolution of corporate governance but also such contemporary issues like executive pay and Board composition.

MBA – 728 ADVANCE CORPORATE FINANCECorporate finance is the specific area of finance dealing with the financial decisions made within corporations and focuses spe-cifically upon the tools and analysis used to make such decisions. The corporation’s value is enhanced when the return on long term capital exceeds its cost managing at the same time efficiently and effectively the corporation’s working capital. Cor-porate finance therefore, is essential to safeguard the maximisation of return to the invested funds in a corporation.

MBA – 721 PORTFOLIO ANALYSISManagement of an investment portfolio under conditions of uncertainty, and choice of strategies to balance performance and risk. Portfolio objectives of individuals, corporations and funds, and practical and theoretical problems associated with the techniques of optimal portfolio selection, construction and revision. Measurement of portfolio performance and related empiri-cal evidence. Role of computers in portfolio management.

MBA – 722 FINANCIAL MARKETS & INSTITUTIONSUnderstanding the function of financial markets, the flow funds, levels of inter-est rates and interest rate differentials, and analysis of the institutional frame-work. Characteristics and efficiency of the money markets and capital markets and types of instruments issued. Inter-national integration of financial markets and institutions and policy implications.

MBA – 723 FINANCIAL RISK MANAGEMENTIdentification of financial risk and design of optimal risk management programme. Financial instruments used for financial risk management, including forwards, futures, options and swaps. Topic areas covered include interest rate futures, stock index futures, currency futures, in-ternational financial futures, commodity futures, stock and stock index options, options on futures, swaps, and financial engineering products.

SPECIALISATIONPATHS

FINANCE

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wireless communication process , link dif-ferent network performance concepts and traffic issues for Quality of Service (QoS) in broadband communication as well as the network economics of the enterprise and provide students with basic knowledge on various concepts of classical computer and network security paradigms.

MBA-736 ENTERPRISE INFORMATION SYSTEMSThe course aims to enable student under-stand issues, problems and opportunities that senior managers and Chief Informa-tion Officers (CIOs) face today in organiza-tions and enable them to refer to concep-tualized principles and applied techniques and tools to efficiently address them. The main objective of this course are to de-scribe and apply conceptual tools used to examine the efficiency and effectiveness of the management of business processes, introduce Enterprise Information systems (EIS) to students, extend students’ knowl-edge on EIS concepts and definitions and provide them with hands on experience by using an EIS system.

MBA737 KNOWLEDGE MANAGEMENTThis course examines the analytical, mana-gerial and technological approaches used in the practice of knowledge management. It introduces and critically examines the major knowledge management approach-es, such as tacit-to-explicit conversion spirals, data mining, data visualisation, and collaborative strategies. Economic and social issues in the creation and transfer of knowledge are examined. Best knowledge management practices in core processes, such as customer support and supply chain

management, and specific industry con-texts are discussed.

MBA-738 I.T. PROJECT MANAGEMENT This course examines all issues related to managing IT projects within an organi-sational context, including the processes related to initiating, planning, execut-ing, controlling, reporting, and closing a project. Project integration, scope, time, cost, quality control, and risk manage-ment are also outlined. Students develop detailed project plans, schedules, and budgets; estimate project resources; al-locate/coordinate resources; and interface with management using a project manage-ment software.

MBA-739 BUSINESS INTELLIGENCEThe course aims to provide students with conceptual and practical Business Intelli-gence skills that will equip them with a com-petitive edge in almost any contemporary workplace. This course aims to examine data mining aspects including data cap-turing, cleansing, validation, storage and analysis. Ultimately, the student will be able to organise and manage a Business Intelligence unit for his/her organisation.

MBA-730 E-BUSINESSThe course examines the impact of Web and Web 2.0 technologies on marketplace transformation, business process rede-sign, and management approaches to e-commerce, with an emphasis on business-to-consumer and business-to-business applications. Class sessions will be based on an in-depth discussion of actual case studies that cover several industries and business sectors in different countries.

MBA-733 WEB DESIGN AND DEVELOPMENTThis course aims to provide an understand-ing of the business aspects of Wed Sites Design. In this course, the fundamentals of Usability Engineering are presented and best practices, possibilities and im-plementations are explored. A structured approach to develop Customer Centred Web Sites is followed. A comprehensive set of design patterns that offers proven solutions to common Web design problems is studied. Students apply these concepts in the design and development of a web site using a Content Management system.

MBA-735 BUSINESS DATA COMMUNICATION AND SECURITYThis course aims at assisting students acquire the computer networking knowl-edge as well as the existing connectiv-ity technologies and the required infra-structure which comprises the key steps involved in the communication process. It aims to establish a solid knowledge of the layered approach that makes design, implementation and operation of extensive networks possible, acquire the knowledge of the basic protocols involved in wired/

SPECIALISATIONPATHS

MANAGING INFORMATION SYSTEMS (MIS)

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MBA 741- HR & ORGANISATIONAL DEVELOPMENTThis course focuses on how to diagnose an organisation and create an intervention to improve it, build knowledge and provide practice in the various techniques, explore how the structures of organisations influ-ence career development and success, discuss how topics such as power, oppor-tunity, mobility, discrimination, social and human capital, control systems and organi-sational forms affect decisions, actions and opportunities and provide students with a background and perspective that will help them develop successful career strategies.

MBA 742 – MANAGING PERFORMANCEThis course explains the use of strategic aspects of performance management, dis-cusses how performance improvement is achieved throughout the organisation, for individual, team and organisational effectiveness, evaluates how the continu-ous development of individuals and teams will enhance performance which can be achieved by ensuring that individuals are encouraged to behave in a way that allows and fosters better working relationships.

MBA 743 – EMPLOYEE RESOURCINGThis course provides an in depth analysis of the methods used in staffing and selec-tion processes, investigates the processes of designing, administering, revising, and evaluating selection programmes that comply with government regulation as well as add value to the organisation. It also helps students to evaluate the sources available to organisation for recruitment in order to assess the most effective ones,

develop recruitment strategies to reduce staff turnover and thus reduce costs, develop and utilise strategies to achieve work-life balance, and thereby improve performance in the workplace, develop equal opportunities strategies in recruit-ment and selection so as to make best use of the diverse talent pool available, ensure that resource strategies match overall or-ganisational strategies and evaluate the tools which are used during the recruit-ment and selection process.

MBA 744 – LEADERSHIP & INNOVATION The course focuses on leadership from a managerial perspective, explores leader-ship models, becomes acquainted with current research finding, investigates examples of leadership in practice and engages in developmental activities to evaluate and enhance their leadership skills. Students are assisted in identifying the diverse, contemporary leadership com-petencies utilised in organisational setting, developing strategies which can exploit the ability to think outside the box in order to solve problems effectively, utilising and developing their emotional intelligence for better results both at work and in their personal life, identifying the conditions that both nurture and prevent innovation and creativity, in order to develop strate-gies to overcome any likely blockages to creativity and innovation and utilising a variety of techniques in order to unblock the elements which prevent innovation and creativity, at both individual and group level.

MBA 745 – EMPLOYMENT LAWThe course acquaints the student with the fundamentals of employment lows and discriminatory practices, inherent in all areas of employment, emphasises the legal procedures for recruiting, hiring, promot-ing, evaluating, using progressive disci-pline and dismissing employees. Laws and appropriate company policies on issues such as Antidiscrimination, Sexual Harass-ment, and Termination & Arbitration will be discussed and viewed through the use of case studies. The students are coached to explain how employment laws and stat-utes are formulated, describe the role of Tribunals and Employee Appeals proce-dures, explain the role of law in all phases of employment; discrimination; health and safety; termination of employment; privacy, analyse and explain how differ-ent development in employment law have impacted on the relationship between the employer and the employee and develop the ability to interpret case decisions as an aid for managers to avoid potential legal pitfalls.

MBA 746 – MANAGING DIVERSITY IN ORGANISATIONS The course aims to teach students to adapt successfully to the demographic changes rapidly occurring in the workplace, create individual awareness of the issues of diver-sity and how to cope with them effectively, organise work based on an understand-ing of the impact of diversity in relation to group dynamics, values, motivation, conflict management and communication styles. Upon completion of the course stu-dents should be able to collect and analyse data for the purpose of resolving issues

directly related to diversity in organisa-tions, develop skills and competencies of an intrapersonal and interpersonal nature so as to better cope with the diverse work place, analyse the influence of their own background on behaviour and develop sensitivity to others, critically evaluate the nature and effects of preconceptions and prejudices and their own use of the two concepts and confidently interact with others in a number of organisational set-tings.

MBA 747 – EMPLOYEE RELATIONS This course aims to provide an in depth examination of human resource manage-ment in the context of union-management relations, emphasise how and why unions form, the legal context, an changing com-petitive environment for labour manage-ment relations and cover the dynamics of the collective bargaining process includ-ing the determinants of bargaining power, preparation of labour contract demands, the examination of union-management relations and negotiation tactics. It assists students to critically analyse and explain the process of collective bargaining and use a variety of conflict resolution tech-niques for ending deadlocks during ne-gotiations, explain how changes in com-petitive environment have created the need for changes in the traditional union-management relationship, determine the reasons for unionisation and the likely impacts in the workplace, critically analyse and explain the psychological contract within the context of employee relations and investigate and analyse the trends and future developments of employee/employer relations and relationships.

SPECIALISATIONPATHS

HUMAN RESOURCE MANAGEMENT (HRM)

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MBA – 890 RESEARCH METHODOLOGY This course aims to develop and extend students’ knowledge of quantitative and qualitative research methods as well as facilitating their understanding and ability to apply the key methodological princi-ples in the design of different types of research. The lecture sessions examine the relationship between measurement, theory construction and testing through the principal methods of data collection and their applications.

MBA – 899 FINAL THESISThis is a Thesis of theoretical or empirical research undertaken on a business topic in the student’s area of concentration on the MBA Programme. This is expected to be an independent research study by the MBA Candidates on a topic of their own choice. Subsequent to the approval of such a Thesis Proposal, a Thesis Supervisor is appointed from among the MBA Faculty members of The University of Nicosia to work closely with the MBA Candidate. The Thesis may be in the form of an academic or a scientific (publishable) paper at an appropriate graduate level. The ultimate objective of this requirement is to test the ability of the MBA Candidate to select a problem, set up a framework for it and analyse it in an academic perspective so as to end up with meaningful recommenda-tions in the end. The paper requires sig-nificant focus on a business issue viewed through academic thought and research, and presented in the proper writing style. The MBA Thesis is not to be a description of a situation, but an analysis and evalu-ation of a problem with specific recom-mendations given based on a combination of research and original thinking.

INTERGRATION

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The Academic YearThe University of Nicosia academic year follows the American system of higher educa-tion and is divided into semesters. An Academic Year consists of three main semesters (Fall, Spring, Summer), of 15 weeks duration. Each semester or session commences with students registering for a number of courses, and concludes with the two examination weeks covering all of these courses.

Evaluation of PerformanceContinuous evaluation of student performance is undertaken throughout the programme. This includes evaluation of oral presentations, group projects, written reports, tests, and participation in written examinations.

Transfer CreditsStudents who wish to apply for transferring credits earned at another Graduate Pro-gramme must submit along with the application for transfer credits, a course syllabus (preferably), or course description of the coursework previously completed, and the appropriate Transcript.

Grading SystemAt the end of each semester and summer session, final grades are mailed to all students at their permanent or mailing addresses and are recorded on their permanent record files in the Registrar’s Office. The following grades are used:

Percentage Grade %

93-10090-9287-8983-8680-8277-7973-7670-7267-6963-6660-620-59

Letter Grade AA-B+BB-C+CC-D+DD-F

Grade Points

4.03.73.33.02.72.32.01.71.31.00.70.0

ADMISSION REQUIREMENTS MBA ADMISSION POLICY

The following admission requirements must be satisfied for a student to be admitted:

1. An accredited Bachelor’s degree (European, American or equivalent) is required for admission to the MBA programme.

2. Proficiency in English – Students satisfy the English requirements if their first degree was taught in English. Otherwise, they would need to present at least a TOEFL score of 550 paper-based or 213 computer-based, or GCSE “O” Level with “C” or IELTS with a score of 6.5 or score placement at the ENGL-100 level of the University of Nicosia Placement Test. The University of Nicosia offers English courses at various levels to help students reach the required standard for admission.

3. Standardized Test Scores – The Graduate Management Admission Test (GMAT) is required of all students with a minimum score of 400. Students with a CPA of 2.5 or higher on the 4-point system or 2.2 for UK standards or equivalent, or three years of professional experience will be exempted from the GMAT. A candidate without the GMAT may be provisionally admitted and be allowed to take the Foun-dation courses but such students will be accepted as MBA students only upon submission of the GMAT score as stated above.

4. Academic Background – Applicants with a non-business background can be admitted into the programme but they may have to take preparatory foundation courses.

5. It is recommended that applicants have previous working experience. Personal qualities such as motivation, character and leadership play a significant role in the admission process

6. Letters of Recommendation – Two recommendation letters from persons who

have known the applicant in his/her educational and professional environment are required.

7. Individual Interviews – is the standard practice for all students. The interviews elicit motivation, leadership, potential and personal mission. In special cases, where interviews are not possible, written evidence and data on the applicant’s past work experience, maturity and personality are assessed to the best possible degree.

PERIOD OF STUDYThis is an intensive study programme which requires 24 months of work. There are two intakes to the programme, September and January. Students may commence their studies at either of these two intakes.

ACADEMIC POLICIES AND REGULATIONS

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APPLICATION/REGISTRATION

Upon request, an MBA application package will be sent to candidates. Alternatively application packages may be obtained from the University or our international repre-sentatives. The package includes an MBA Handbook, an MBA application form and two pre-set letters. One of the recommendation letters should be completed and signed by one faculty member of the institution where the candidate obtained his/her Bachelor’s degree and the other one from his/her current employer.

Student applications and all supporting documents must be in English or Greek. Original Documents in a language other than English or Greek must be furnished in a certified translation copy, together with a Notarised Statement as to its association to the origi-nal. Additionally, candidates must bring along all original documents to the University for visual verification and return.

For Local MBA Students

- Completed MBA Application Form- Bachelor’s Degree or equivalent qualification- Academic Transcript/Grade Report- Other certificates or examination results- TOEFL/GCE/GCSE/IELTS results- GMAT results- Two Reference Letters (From Academic and Professional Referees)- Four recent passport-size photos- Curriculum Vitae- Personal Statement

For International MBA Students

- Completed MBA Application Form- Bachelor’s Degree or equivalent qualification- Academic Transcript/Grade Report- Other certificates or examination results- TOEFL/GCE/GCSE/IELTS results- GMAT results- Two Reference Letters (From Academic and Professional Referees)- Four recent passport-size photos- Application €55 (non-refundable)- Visa Fee €86 (non-refundable)- Bank Statement of Financial Support- Certificate of Good Conduct- Passport Copies (6 first pages)- Curriculum Vitae- Personal Statement- Medical Report

The Office of Admissions will not process any Application for Admission unless all required documents, as listed above, are submitted.

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Students of The University of Nicosia programme are ambitious people and they come from different areas of private interest and organisations within government and in-dustry. Companies and organisations that have sponsored MBA students in the past include: Royal Dutch Airlines, Revlon, Tradex, Cyprus Telecommunication Authority, Cyprus Electricity Authority, Air Trans, Cybarco, Demstar, Addidas.

The MBA program provided me with a personalized education, complete with practical knowledge that easily conveyed to real world business situations. The ex-tensive case study work teaches the MBA student how to work in a team environ-ment. I gained a tremendous amount of practice in speaking in front of groups, which has served me well in my career. The University of Nicosia MBA provided me with very specific technical knowledge and the ability to take on special projects in my career.

Fadi Hamra,Public Relations Director and Financial Controller

Moving into a broader leadership role demanded a deeper understanding of business, finance and strategy. In many respects I thought it would be just these aspects that would benefit me on the MBA, but I was surprised to find that the people and leadership aspects of the programme were exceptionally rewarding and really grabbed me. I began to appreciate the im-portance of understanding oneself in order to lead others as well as understanding the important human elements for success as a leader such as empathetic listening.

Petros Petrou, Marketing Director, Dias Group,Sales Manager, Sigma TV,Nicosia, Cyprus.

The University of Nicosia MBA provides students with a rigorous academic chal-lenge united with a rich personal devel-opment experience. The community of dedicated faculty and engaged students allow for invaluable mentoring and team-work opportunities.The smaller class sizes afforded students the opportunity to connect with instruc-tors more easily. The professors push hard toward the application of the mate-rial through research and presentation of results and impact. In my current position, this has been critical to my day-to-day achievements, but also in my career and in positioning myself for overall success, the MBA program at UNIC has been invalu-able. If you asked me what I am using in my current position that I learned in the UNIC MBA program, I would respond, ‘what am I not using!

My MBA journey has been a journey full of experiences both academic and personal. I have been inspired and challenged by the MBA professors, who have gained my admiration and respect. My MBA experi-ence eliminated cultural, ethnic, profes-sional backgrounds and life patterns dif-ferences, developed valuable friendships and exposed me to a vast opportunity of networking.

Obtaining an MBA from the University of Nicosia, is an invaluable investment for life because you do so through the search for objectivity, the support of hypothesis, the critical review of literature and most of all the enrichment of your knowledge.My MBA has not only made me a better professional by providing me with better skills but has also allowed me to develop as a person and maximize my potential in life.

ΤΗΕMBAGRADUATES

Maria Tsangari, Commercial Finance Manager,Ermes Department Stores Plc,Nicosia, Cyprus.

Kyriacos Kyriakides, Manager,After Sales Service, Demstar Automotive LtdNicosia, Cyprus.

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FACULTY

Dr. Charitou Melita, Assistant Professor

Ph.D, Accounting & Finance, Middlesex University, U.K.M.Sc, Financial Management, Middlesex University, U.K.

Dr. Christodoulides George, Consultancy Unit

D.Sc., Management of Technology and Education, City University, U.K.M.Sc., Systems and Automation Engineering and Management, City University, U.K.B.Sc., Mechanical Engineering, London University, U.K.

Christou Marios, Associate Lecturer

Ph.D (Cand), University of Bradford, U.K.MBA, Accounting & Finance, Maastricht School of Management, The NetherlandsPostgraduate Diploma in Financial Strategy, Said Business School, University of Oxford, U.K.B.A., Economics and Econometrics, University of Reading, U.K.

Dr. Constanti Panayiotis, Assistant Professor

D.Prof., Educational Management, Middlesex University, U.K.M.Sc., International Hotel Management, Oxford Brookes University, U.K.Diploma, Hotel Management, City College Norwich, U.K.HCIMA Diploma

Dr. Demetriou Marlen, Assistant Professor

Doctorate in Professional Studies, Middlesex University, U.K.MBA, Marketing, RVB College, MaastrichtPostgraduate Diploma in Management, Mediterranean Institute of ManagementB.Sc., Business Administration, Deree College, Greece

Dr. Georgiadis Dimosthenis, Visiting Lecturer

Ph. D., Computer Science, University of CyprusM.Sc., Advanced Internet Technologies, University of CyprusB.Sc., Computer Science, University of Cyprus

Dr. Germanakos Panagiotis, Assistant Professor

Ph.D., Web Adaptation & Personalisation Environments, National & Kapodistrian University of Athens, GreeceM.Sc., International Marketing Management, Leeds University Business School, U.K.B.Sc., Computer Science, University of Nicosia, CyprusHND, Computer Studies, Higher Technical Institute, Cyprus

Dr. Hadjidakis Spyros, Associate Professor

Ph.D., Economics, University of Reading, U.K.M.A., “Contemporary European Studies”, Graduate School of European and International Studies, University of Reading, U.K.B.A., Economics, Deree College, Greece

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FACULTY

Dr. Kokkinaki Angelika, Associate Professor

Ph.D, Computer Science, University of Louisiana at Lafayette, LA, U.S.A.M.Sc., Computer Science, Northeastern University, MA, U.S.A.Diploma (5 years curriculum), Computer Engineering andInformatics, Patras University

Dr. Koutsoulis Michalis, Assistant Professor

Ph. D. St. John’s University, Jamaica, New YorkMaster of Sciences in Education, John’s University, Jamaica, New YorkMaster in Business Administration, University of Nicosia, CyprusBS. Physical Education, Aristotelian University of Thessaloniki Department of the Sciences of Physical Education and Athletics

Dr. Ktoridou Despo, Associate Professor

Ph.D., Computer Engineering (Intelligent Expert Systems), Saint Petersburg Electrotechnical State University, RussiaM.Sc., Computer Engineering, Saint Petersburg Electrotechnical State University, RussiaB.Sc., Computer Engineering, Saint Petersburg Electrotechnical State University, Russia

Dr. Lois Petros, Associate Professor

Ph.D. Maritime Studies, Liverpool John Moores University, U.K.M.Sc., Accounting & Finance, De Montfort University, U.K.

Karamanos Neophytos, Visiting Faculty

Ph.D (Cand), in Professional Studies , Middlesex University, U.K.MBA, Henley Management College, U.K.M.Sc., Electrical Engineering, Washington University, U.S.A.B.Sc., Electrical Engineering, Washington University, U.S.A.B.Sc., Computer Science, Washington University, U.S.A.

Dr. Kartakoullis Nicos, Professor

Ph.D., Sports Management, University of Southampton, U.K.M.Sc., Sociology of Sport and Sports Management, University of Leicester, U.K.MBA, Hospitality and Tourism Management, University of Leicester, U.K.M.A. (Ed.), University of Southampton, U.K.B.Sc. (Hons), Health and Human Performance, Michigan State University, U.S.A.

Dr. Kaufmann Hans Ruediger, Associate Professor

Ph.D., Marketing, The Manchester Metropolitan University, U.K.B.A., Business Administration, University of Applied Sciences, Germany

Kogetsidis Harry, Associate Lecturer

M.Sc., Operational Research, London School of Economics and Political Science, U.K.B.Sc. (Hons), Computer Science with Management Science, University of Luton, U.K.

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FACULTY

Dr. Papasolomou Ioanna, Associate Professor

Ph.D., Marketing Management, Keele University, U.K.M.Phil., Marketing Public Relations, Keele University, U.K.MBA, Keele University, U.K.Postgraduate Certificate in Teaching & Learning in Higher Education, Keele University, U.K.

Dr. Pavlou Pavlos, Assistant Professor

Ph.D., Management Science, Salford University, U.K.B.Sc., Mechanical Engineering Science, University of Leeds, U.K.

Dr. Phellas Constantinos, Professor

Ph.D., Sociology, University of Essex, U.K.M.Sc., Advance Social Research Methods and Statistics, City University, U.K.M.Sc., Management Science of Operational Research, University of Warwick, U.K.B.Sc., Mathematics, University of Essex, U.K.

Dr. Pouyioutas Philippos, Professor

Ph.D., Computer Science, University of London, U.K.M.Sc., Databases and Information Systems, University of London, U.K.B.Sc., Computer Science, University of London, U.K.Cert. Ed., Teaching and Learning in Higher Education, University of North London, U.K.

Dr. McRoy Ian, Assistant Professor

D.Prof., Change Management, Middlesex University, U.K.MBA, Henley Management College, U.K.B.Ed. (Hons), Manchester University, U.K.Cert. Ed, Manchester University, U.K.

Dr. Melanthiou Yioula, Lecturer

Ph.D., Marketing, University of Manchester, U.KM.Sc., Marketing, University of Salford, U.KBA, Marketing, Cyprus College, Cyprus

Dr. Michailidis Maria, Associate Professor

Doctor of Educational Leadership, University of Massachusetts, MA, U.S.A.M.A., Social Psychology, University of Massachusetts, MA, U.S.A.M.A., Clinical Psychology, University of Indianapolis, Indiana, U.S.A.B.A., Management, University of Masachusetts, MA. U.S.A.

Morphitou Ria, Associate Lecturer

MBA, Maastricht School of Management, MaastrichtB.Sc., Marketing, West Virginia University, U.S.A.

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FACULTY

Dr. Roussakis Emmanuel, Visiting Professor

Ph.D., Economics, The Catholic University of Louvain in Louvain, BelgiumGraduate Certificate in Advanced European Studies received from the University of Europe in BelgiumMBA, Management, Atlanta University in Atlanta, Georgia, U.S.A.B.A., Major : Economics, Minor : Law, University of Athens, Athens, Greece

Dr. Sapuric Svetlana, Lecturer

Ph.D., Finance, CASS Business School, City University, London, U.K.M.Sc., Investment Management, CASS Business School, City University, London, U.K.Postgraduate Certificate in Teaching & Learning in Higher Education, CASS Business School, City University, London,U.K.B.A.(Hons), Business and Economics, University of Kent at Canterbury, U.K.

Dr. Theophanous Andreas, Professor

Ph.D., Economics, The Pennsylvania State University, U.S.A.M.A., Economics, The Pennsylvania State University, U.S.A.B.A., Economics and Political Science, Susquehanna University, U.S.A.

Dr. Thrassou Alkis, Associate Professor

Ph.D., Strategic Marketing Management, University of Leeds, U.K.B.Eng, Mechanical Engineering Science, University of Leeds, UK.

Dr. Tsaklanganos Angelos, Professor

Ph.D., Quantitative Analysis, Management and Managerial Accounting, Stern School of Business, New York University, U.S.AM.A., Economics, New York University, Graduate School of Arts and Science, U.S.AMBA, Quantitative Analysis, Stern School of Business, New York University, U.S.AB.Sc., Business Administration, School of Business and Economics, Athens, Greece

Dr. Tsangari Haritini, Associate Professor

Ph.D., Statistics, The Pennsylvania State University, U.S.A.M.Sc., Statistics, The Pennsylvania State University, U.S.A.B.Sc., Mathematics and Statistics, University of Cyprus

Dr. Turner Geoff, Associate Professor

Ph.D., Accounting, The University of Kent at Canterbury, U.K.MBA, The University of South Australia, AustraliaB.A., Accountancy, The University of South Australia, AustraliaDiploma, The Bankers Institute of Australasia, Australia

Dr. Vassilopoulos Petros, Visiting LecturerPh.D., Logistics-Supply Chain Management, London Metropolitan University, U.K.Postgraduate, Port and Shipping Administration, Cardiff University, U.K.Postgraduate, Management Studies in Shipping, Plymouth University, U.K.Fellow of the Institute of Freight Forwarders (FIFF), U.K.Fellow of the Chartered Institute of Logistics (FCIL), U.K.

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FACULTY

Dr. Vrontis Demetris, Dean of the School of Business, Professor

Ph.D., Marketing, Manchester Metropolitan University, Business School, U.K.MBA (Distinction), The University of Hull, U.K.Postgraduated Certificate in Education (Higher Education), Manchester Metropolitan UniversityB.Sc. (Hons), Business Studies, Manchester Metropolitan University, U.K.

University of Nicosia46 Makedonitissas AvenueP.O.Box 240051700 Nicosia - CyprusTel: +357-22841671Fax: +357-22813531Email: [email protected]: www.unic.ac.cy