Business Administration – Distance Learning
(2 ½ – 5 years, Masters)

Structure

  1. Organisational Behaviour 24 ECTS 
  2. Strategic Management & Leadership 24 ECTS 
  3. Corporate Financial Management 24 ECTS 
  4. Global Marketing Strategies 24 ECTS
  5. Thesis 24 ECTS
Total Credits: 120 ECTS

Entry Requirements

Entry requirements have some degree of flexibility and are based on a candidate’s proven academic ability, motivation, experience as a manager or business executive and an assessment of the benefits that he or she is likely to derive from the program. 
 
The usual minimum academic qualifications required are: 
1. Holder of an Honours Degree from an Internationally Recognised Institution or equivalent 
 
All candidates should possess: 
2. Three years work experience. 
3. English language: Holders of a First Degree which was taught in the English Language or IELTS 6.0 or equivalent. 
 
The Institute reserves the right to vary its admission criteria from time to time. The Academic Registrar is responsible for the interpretation of the admission criteria and may impose other conditions to be satisfied before admission.

Teaching and Learning Strategies 

A principal feature of our Distance Learning MBA is the commitment to equity of the delivery system worldwide. As such, we ensure that students will receive study material through various means, mainly through the ‘traditional’ hard copies method but also via our electronic online platform. 
 
This is a distance learning programme with no physical presence requirements (no mandatory in-class; face to face interaction) and as such students have to do a portion of their work individually. Because of that, students at any time will have the chance to contact their lecturers through email, phone or skype. Students will have to do 4 hours per module Skype meeting with their Tutors. 
 
Since this is a more ‘independent’ way of studying, the content of each and every module is enriched with self-assessment exercises (for each module there are 6 non-assessed exercises: one exercise per two weeks). These are not formally assessed and do not count to the overall grade of the module. The rationale behind these ‘non-assessed’ exercises is to motivate students to have a constant interaction with the lecturer and their fellow classmates (through online discussion forums) and to enable them to follow and comprehend the sequential progress of the module. 
 
Programme methods are designed to foster continuing exchanges of views among students and they provide a means to learn from each other and gain new perspectives by interacting with students from other industries, countries and cultures. To meet the needs of a particular group of students, lecturers are encouraged to use other methods that enhance learning while maintaining student-centeredness (i.e. podcasts; video-recorded presentations on particular topics etc.). 
 
Through the institute’s online platform, students will have access to the content of the program and can draw all the necessary information and material for the modules under study. Moreover, students will submit their assignments electronically and receive their feedback and grades through the platform. An important element that enhances the learning experience of our students registered under this program is will be the opportunity to attend the lectures at a real time (webinar sessions) through teleconferencing at a particular session set by the tutor. Of course, all the lectures are recorded and stored in the platform and the student will have access to this material at any time.
 

Assessment Strategy 

The weighing of results for all modules that lead to final award is as follows: 
Assignments - 40% 
Final Examination - 60%  
 
The pass mark is 50%. Please note that there is a minimum threshold of 20% for each part of the assessment. Students are required to prepare a number of written assignments and they are evaluated by the tutor. This work must be submitted at predetermined dates according to the schedule of study. Tutors’ feedback will be incorporated in students’ assignments and will be available to students both electronically and in hard-copy format. 
 

Examinations

Students sit for examinations once a year. Final exams take place in May/June. The exam consists of unseen questions which have to be answered on an essay basis. The examination questions are based on the syllabus as described to the manual given to the student at the beginning of the year and the contents of the recommended textbooks. Also judgment questions are included in the exam based on common sense and testing the students’ knowledge of the subject matter. 
 

Final Examination Structure

For the MBA, the exam is made up of eight questions and divided into two sections. Two questions from each section must be answered. Question one from Section I is compulsory. The duration of the exam is two and a half hours. All examination questions require essay-type answers. The questions are based on the syllabus and the recommended textbook(s) plus judgment questions and questions based on current local and global issues. 
 
Student will have to take the final examination at the pre-determined date and time. Examinations will require physical presence. The Examinations will take place at the CIM Premises or an Approved Examination Centre e.g. British Council, University.
 

Assignments

As part of their course of study students are expected to execute in time all their assignments. Two major assignments for each subject studied are to be expected during the academic year. The first is due on the last day before the Christmas holidays, while the second is due on the last day before Easter holidays. The assignments are prepared by the lecturer and confirmed by the Board of Examiners. No late assignments will be accepted. (*Please see the Academic Regulations regarding extenuating circumstances). 
 
Assignments will be submitted online through Turnitin. Students may be requested to ‘defend’ and justify their decisions and content of their work during a scheduled on-line meeting with their tutors.

Aims

Our Institute has designed the Masters in Business Administration Distance Learning with the following goals in mind: 
  • Enable students to gain a broad understanding of the Managerial techniques of decision-making 
  • Provide a global view of organizations and their environment to enable students to face the challenges of the 21st Century 
  • Underline the importance and significance of the increased managerial effectiveness and competence, and understand the strategic approach 
  • Enrich students’ development and managerial prospects through learning within the context of their own experiences, their current and future needs and the needs of their market and Society 
At the end of the programme the student will be able to: 
  • Comprehend and appreciate the concepts and theories of Management and see to what extent these theories are applicable in the real and changing world. 
  • Understand and evaluate the objectives and importance of formulating strategies in a local and global text. 
  • Be able to diagnose and analyse intricate situations and deal with unforeseen exogenous factors affecting the internal environment of his/her Organisation. 
  • Deal effectively with the human deficiencies and be able to tackle human friction and lead his team through tough decisions and times. 
  • Face the challenges of career requirements more confidently and increase his/her advancement prospects into acquiring a senior managerial ability. 
Companies of today are facing new economic, political and social challenges. The collapse of the communist countries and stiff competition from China and India has made the developed countries of Europe reconsider their marketing strategies. The dramatic political changes in the Middle East, former Soviet Union, former Easter European countries, and African zones and an escalating inflation coupled with rising unemployment in Europe and U.S.A. paint a pessimistic picture for the world Business Manager. Still we believe that life will continue and with it business opportunities and hopes. To keep ahead of continuing shifts in environmental trends and maintain company policies and priorities appropriate to the Cypriot and world market places, managers must be able to formulate and implement successful competitive strategies. 
The programme emphasizes strategy formulation and implementation as it occurs in each of the functional areas and in the organization as a whole. Strategy formulation is concerned with an analysis of the interaction of external (outside the Firm) environmental factors, with internal (intra-firm) strengths and weaknesses, and the goals and values of the Organization's key managers. It focuses on (a) economic, social, political and technological trends (b) the state of the industry and (c) the determination of strategic areas that offer an opportunity for aggressive competition. Strategy formulation is examined on two levels: (1) Corporate strategy examines the strategy of a Corporation or a portfolio of business or strategic business units. (2) Business strategy investigates the strategy of a Business area or a strategic business unit. 

While strategy formulation focuses on questions of direction, implementation investigates the most effective means of working in those directions. It examines (i) organizational structure (ii) managerial process, including planning, decision making, control, rewards and punishments and (iii) human recourses, including leadership motivation, inter and intra group dynamics.

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