graduate-business-administration, MBA - Cyprus Institute of Marketing | CIM

Master in

Business Administration
MBA

(14 Months FT/24 Months PT)

What is an MBA?

The MBA programme was developed originally in the United States and soon afterwards was introduced in the UK. It continues to grow in reputation and demand as the business world’s top degree. With the growing internationalisation of the world economy, an increasing number of companies and organisations now require top managers to have MBA Degrees. MBAs cover not only business administration per se, but also a variety of subjects, all of which are of vital importance to managers in the business and public sector.

Why the CIM MBA?

The Cyprus Institute of Marketing MBA programme has been designed for aspiring and ambitious executives. Whatever the stage of your career, it will accelerate your managerial and leadership development process. Gaining an MBA from Cyprus’s top Business School will enable you to become 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 executive training, as well as vision, analytical skills and the ability to implement far-reaching decisions. Our MBA programme will make you look beyond narrow boundaries and horizons, preparing you for higher-level career planning.

Our MBA has been designed by academic experts and business professionals for practising managers with previous relevant education, training and work experience, who are required to make a major contribution to the policy and philosophy of their organisations.

The specific 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. Our close links with the industry and the commerce and public sectors ensure that the CIM MBA programme is relevant and has high practical value.

Recognition

The CIM MBA offered both in Nicosia & Limassol, is accredited by the Cyprus Quality Assurance Agency and recognised by KYSATS. It thus enjoys worldwide recognition and offers the possibility to its holders to secure a high ranking position across the industry or continue for PhD studies in Europe and the US. It has been ranked 16th in Europe by www.findyourMBA.com (2010). Moreover it enables Cypriot students to apply for a government subsidy of up to 3417 Euro.

Aims

Provide you with a broad understanding of managerial techniques necessary for efficient decision-making
Offer a global view of management, enabling students to face the challenges of the twenty-first century in a learned and informed way
Promote increased managerial effectiveness and competence to help you understand the various strategic approaches to managing a modern business
Enrich your personal development and managerial prospects by encouraging learning from your past experiences and current needs, while prompting you to speculate about the future prospects of their market

At the end of the programme students 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 context;
Be able to diagnose and analyse intricate situations and deal with unforeseen exogenous factors affecting the internal environment of their organisation;
Deal effectively with the human deficiencies and be able to tackle human friction and lead their teams through tough decisions and difficult times;
Face the challenges of career requirements more confidently and increase their advancement prospects for acquiring a senior managerial position.

Entry requirements

Entry requirements are flexible 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 programme. The usual minimum requirements are:
(i) A Recognised Bachelor’s Degree
AND
(ii) 2 years work experience
AND
(iii) IELTS 6.5 or equivalent

Dissertation

A key requirement of the MBA is a Dissertation of 10,000 words, which must be submitted by November. 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. The 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.

Subjects Taught

Full-Time (14 months)

The programme is made up of 6 subjects, 5 of which are compulsory and 1 optional:

Compulsory Subjects

Strategic Management
Organisational Behaviour
Research Methods
Economics & Financial Management
Strategic Marketing

Optional Subjects

Operations Management
International Business & Cyprus in the Global Economy
Ethics & Corporate Social Responsibility
Entrepreneurship & Innovation

Note: The above optional subjects are subject to availability and student demand

Part-Time (24 months)

The programme is made up of 3 subjects every year.

Year 1:

Strategic Management
Organisational Behaviour
Strategic Marketing

Year 2:

Research Methods
Economics & Financial Management
Optional Subject

Duration

Full-Time: 14 months
Part-Time: 24 months

Commencement

Classes commence in October and January.

The academic year for a October start runs from October to May, when the final exams take place. From June onwards, students work on their thesis, which must be submitted in November. The academic year for a January start runs from January to August, with final exams conducted in September. The thesis in this case must be submitted by March of the following year.

ECTS

Each subject is worth 12 ECTS and the thesis is worth 18 ECTS thus a total of 90 ECTS for the whole programme.

Assessment

All subjects have 2 components for assessment:
– Two Assignments worth 40% (December & April)
– Final Examination worth 60% (June)
The pass mark is 50%

Testimonial

The CIM MBA improved my commercial skillset and profound understanding of the business world. Although academically sound, it integrates perfectly the different practicalities of today’s competitive business landscape into its activities and assignments, which enabled me to think and act more strategically. Most importantly the CIM MBA has helped me acquire a Management Trainee position at a Multinational company in Belgium so I would strongly recommend it to any prospective student.

Dounia MalekManagement Trainee, Engie, Belgium

I decided to get my MBA after completing my Masters in Management and already having 8 years of significant managerial experience. I was in search of an MBA that would broaden my knowledge and assist me to further my career. CIM was my top choice amongst many competitors due to its vast experience and good reputation for training working professionals. I benefited greatly from my MBA at CIM as it provided me with education from lecturers who have extensive academic and professional experience. The competencies and the availability of the teaching and administrative staff were undoubtedly a great advantage. I would highly recommend CIM to anyone looking for a professional degree to advance his or her career.

Christos Chrysostomou Retail Manager

I found the CIM MBA course very useful in my career so far. Holding the position of Project Manager in the company I work for, I refer to lectures of the course on many occasions. It has changed my way of thinking as far as the approach to clients and employees is concerned. I highly recommend the course to all because everybody will have to gain a lot by taking it.

Fivos FrangouProject Manager

COMPULSORY:

1. Research Methods

The dissertation is the most important part of MBA programme at CIM. It enables students to display their ability to integrate what they have learned into a piece of work showing that they can address a management problem/issue logically and competently. Students will learn how to conduct research through identifying research problems, evaluating literature and data, proposal writing and analysing research methods. This module will give students the research tools that will enable them to produce a project that draws on their analytical, research and presentation skills and the knowledge developed during their courses. Students will be expected to demonstrate synthesis of knowledge and skills developed throughout the entire programme.

2. Organisational Behaviour

The module of Organisational Behaviour focuses on the interaction of people in organizations and the consequences of their behavior for organizational effectiveness and performance. Organizational structures, perceptions and attitudes, technologies and objectives provide the appropriate framework within the behavior of individuals, groups, networks hierarchies and organizations. This course aims to provide students with an understanding of a systematic set of behavioral science concepts for analyzing human behavior in organizations. Further it provides the opportunity for relating these theoretical ideas to realistic organizational problems through practical experience within the corporate environment. The course aims to increase the ability to influence, lead and manage others effectively in organizational contexts. The major theories and research findings in this area derive from the academic disciplines of psychology, sociology and anthropology and students will be required to familiarize themselves as directed. It is expected that the knowledge gained will be used in case study analysis. In this way students are expected to improve their ability to perceive the drivers of organizational behavior and to form diagnostic conclusions as a basis for managerial action and change management.

3.Strategic Management

Strategic Management is aimed to provide students with an understanding of the strategic aspects and decision making processes of the organization and the tools that top management employs. Furthermore, the course aims to provide students with an understanding of the various organizational structures and management processes with emphasis on strategic decisions such as the resource allocations, mergers, & acquisitions, diversifications, business analysis, competitor analysis and planning. Finally, the course discusses the role of top managers such as CEO, or General Managers as strategists and how these roles attempt to co-ordinate all businesses and functions in the organization to reach its objectives and longer term goals.

4. Economics & Financial Management

This is a joint module where students cover Economics in the first half and Financial Management in the second half. The aim of the Economics component of the module is to introduce students to economics and provide a foundation of economic understanding and knowledge so as to grasp the implications for businesses of changes in the economic environment. Moreover, it aims to develop the ability to use economic understanding and knowledge in examining and assessing a number of microeconomic and macroeconomic issues.

As regards the Financial Management element of the module it aims to cover the basic areas of financial management, which are of fundamental interest to corporate managers and to understand the basic principles needed to implement financial decisions both inside and outside the firm.

5. Strategic Marketing

The Strategic Marketing module aims to build upon the basic foundations laid by the Marketing module. In particular the module seeks to extend the depth of knowledge about the development of marketing strategies, and their implementation. On completion of the module students will understand the processes adopted by marketing professionals: analysis, development of marketing strategies, and critically, the ways in which these strategies are implemented, and refined in response to tactical / short term imperatives. The general intent of the module is to refine students’ ability to make marketing decisions, and also to do so at a higher level than discussion previously. In particular the module will help students develop their ability to: choose the most effective analytic strategies, assess implementation and managerial implications; and critically evaluate strategic marketing analysis methods with respect to their validity and relevance in a range of marketplaces. The module will also explore the impact of marketing decisions upon the long-term evolution of markets; and market structures in terms of customers, competitors and market channels.

OPTIONAL:

6. Operations Management

The Operations Management module provides a general introduction to Operations and Process Management and explains how the Operations function fits within the organisation overall. The module also explores how actors outside the core Operations function have a role in, and engage in the management of processes.

The module will show students the wide organisational scope of Operations Management activity and will establish an understanding of the core concepts underlying the discipline. The module is introductory in nature, and while focussed primarily on large organisations, also looks at small organisations and even the management of individual “human” processes. The module is intended as an introduction to operations management in both service and manufacturing organisations. Its intention is to provide the building blocks of those basic principles which are broadly applicable to most organisations. The module will introduce the basic principles of the “lean” operation, and show how managers can adopt lean principles in practice.

7. Ethics & Corporate Social Responsibility

This module aims to critically analyse the drivers of enterprise and wealth creation from the perspective of their ethical implications. Moreover students will investigate changing approaches and attitudes to sustainability and corporate social responsibility and will also critically evaluate frameworks for the discussion of business ethical issues and the use of tools for managing business ethics. Added to this, the module aims to examine the impact of globalisation on enterprise and evaluate diverse ethical models and theories (normative and descriptive). This module explores corporate responsibility and ethics from a multidisciplinary and multi‐stakeholder perspective. It reviews theories and practice of corporate ethics, responsibility, and liability and illustrates how they apply to a number of complex business, development, and policy situations in the evolving global business landscape.

8. Entrepreneurship & Innovation

The Entrepreneurship and Innovation module is about entrepreneurs, innovators, and the things (products, services and processes) they create. Students often misunderstand the purpose of modules on entrepreneurship and innovation. Such modules – and this is no exception – are not “vocational”; they don’t tell you how to write a business plan, how to find VC funding for a start-up … etc. Issues like these are certainly subjects that come up for appraisal, but our aim is to critically analyse them, not give you a “how to” for new venture creation.

Entrepreneurship is not confined to the context of new ventures or start-ups. For example, entrepreneurship can occur within large and mature organisations, and as often as not occurs within the non-profit sector. Similarly, innovation is not just about ideas, inventions and technology. In the module we take a very broad view of innovation, and for example will look at process innovations, and organisational innovations as well as new technology, products and services.

What the module is about is creativity, and creative problem solving. The module will explore a range of different perspectives on entrepreneurship and the activities of entrepreneurs. If the module is at all “vocational” it is in inculcating a mind-set that supports entrepreneurship and innovation. The intention is is to help you develop the understanding, attitude and skills that will help you create and implement “the new”.

9. International Business & Cyprus in the Global Economy

International Business & Cyprus in the Global Economy aims to develop in students a working knowledge of the global business environment, including its economic, political, legal and socio-cultural components. Moreover it aims to develop in students the ability to think strategically about leveraging various country differences to create worldwide competitive advantages. Through the module of International Business & Cyprus in the Global Economy students delve into the challenges that businesses face when entering foreign markets and when competing against local firms and other international companies, with a particular emphasis to the Cyprus economy. Added to these the module provides students with conceptual frameworks for analysing business opportunities globally and across countries in different stages of economic development.

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Business Administration
MBA

(14 Months FT/24 Months PT)

Entry Level

Duration

Accreditation

What is an MBA?

Why the CIM MBA?

Recognition

Aims

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

Entry requirements

Dissertation

Subjects Taught

Compulsory Subjects

Optional Subjects

Duration

Commencement

ECTS

Assessment

Testimonial

Module Description

COMPULSORY:

1. Research Methods

2. Organisational Behaviour

3.Strategic Management

4. Economics & Financial Management

5. Strategic Marketing

OPTIONAL:

6. Operations Management

7. Ethics & Corporate Social Responsibility

8. Entrepreneurship & Innovation

9. International Business & Cyprus in the Global Economy

Cyprus’ Premier Business School

Admission

Handcrafted by: LightBlack

Business Administration MBA

(14 Months FT/24 Months PT)

Entry Level

Duration

Accreditation

What is an MBA?

Why the CIM MBA?

Recognition

Aims

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

Entry requirements

Dissertation

Subjects Taught

Compulsory Subjects

Optional Subjects

Duration

Commencement

ECTS

Assessment

Testimonial

Cyprus’ Premier Business School

Admission

Handcrafted by: LightBlack

Business Administration
MBA