Financial and Computer Studies (3 Years, B.Sc.)

  1. Diploma in Marketing Management (DMM)
  2. Advanced Diploma in Financial & Computer Studies (ADFCM)
  3. Bachelor in Financial & Computer Studies (BFIC)
  •  Successful completion of Diploma in Marketing Management (DMM) is a PREREQUISITE for registering to this two-year B.Sc. Degree program.
  • On successful completion of Year 2, the interim Advanced Diploma in Financial & Computer Studies (ADFIC) is awarded.
  • On successful completion of Year 3, the B.Sc., Degree is awarded.

Year 1 (DMM - Prerequisite)

This course provides students with a good knowledge and a sound grasp of the basic concepts of marketing and their application in real life. Marketing Management is designed to serve as an introduction to the theory and practice of marketing. Students will improve their ability to develop effective marketing strategies and assess market opportunities, as well as design strategy implementation programs.
This module helps students to develop an understanding and awareness of the environment in which a business operates, particularly from the economic perspective. Students also will develop a range of skills to diagnose and solve problems. Additional this course will provide an overview of how economic factors affect internally and externally an organization.
This course ensures that, in the first year, students have a sufficient knowledge of company administration to think of Marketing as a cross-functional operation, a matter of company-wide involvement, rather than merely requiring expertise in specific marketing techniques. A knowledge of the functional parts of business administration in this course is to be treated as a fore-runner to the acquisition of skills in managerial application.
This course sets a minimum standard of the acquisition of skills in recognizing and expressing data in numerical terms for the solution of marketing problems. Experience has shown that, since much business information and market intelligence takes a numerical form, only a few problems can be dealt with effectively without an adequate understanding of statistics and statistical method.
This course enables students to recognize when legal aspects are involved in their work and to know how to communicate, with and utilize the services of legal advisers. Specialist ability is not sought but main attention should be paid to the sections of Contract, Trade Practices, Sales of Goods and Agency.
The course aims at developing the student’s communicative skills, fluency and critical thought. It entails reading and listening comprehension practice tests, exploring texts and motivating students to take part in conversations and discussions of various lengths and levels.

Year 2

As a core subject in the computer studies, it will allow students to understand the basic notions; models and ideas related to database systems. The aim is to explain and provide an understanding about what database systems are; how they are constructed; what sort of information is used and what their importance to the users is.
The students will gain an understanding of information technology concepts. It is designed as a course in understanding information systems and the technology that comes with them. The course focuses on advanced concepts of information technology and the role that IT systems play in the business world. Major components of the course include networking, databases and data structures, data communication, risks of computerization and the use of the internet in an organization.
The students taking this module will be exposed to the different ways adopted in order to collect, manage (i.e. to organize; control; process; evaluate; report etc.) and disseminate (to various stakeholders) information collected from various sources.
Management Accounting is the process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of information that is used by management to plan, evaluate, and control within an entity and to assure appropriate use of an accountability for its resources. It will enable students to analyses and provide financial-related information to the management of an organization as well as to firms’ external parties (i.e. stakeholders).
This course is designed to provide students with an understanding of human resource management (HRM) functions within organizations, including an appreciation of the roles of both HRM specialists and line managers in designing and implementing effective HRM policies and practices. It aims to give the learner a solid foundation concerning a variety of HR aspects including management of personnel from the recruiting stage to retirement.
This course provides sufficient practice to students in the qualitative and quantitative analysis of marketing situations, both to develop their powers of diagnosis and as a contribution to the creation of firm bases for decision making. From a number of different cases, students will empower their ability to judge and propose new actions.

Year 3

Through this module students will be exposed to and become familiar with the different types of operating systems; their purpose and importance for the management and organizations.
This module discusses different ways of storing and organizing large amounts of data in computers so that they can be utilized effectively by the management. This course aims to illustrate how particular types of data structures are most suitable for particular applications and how these structures are always designed to fit the specific needs of organizations.
This module aims to educate students regarding the importance of cost accounting for managers and their organizations. It covers various approaches to cost accounting and focuses on the overall process of analyzing the different alternative courses of action that involve significant costs.
This module aims to enable students to demonstrate a detailed understanding of auditing principles and procedures applicable to business organizations and to select and apply those procedures in a variety of practical situations.
The objective of this course is to provide internal guidance in planning; organizing and supplying corporate information to the main stakeholders of the organization. Students will gain knowledge in related models such an income-statement, cash-flow; balance-sheet etc.
This course aims at training students in how to use technology, and particularly computers and computer networks as a means for storing and utilizing important data.

Course Objectives

Students which choose a career path in Finance are entering a very competitive industry. The combination of Financial studies with Computer studies offers students a tremendous competitive advantage against others who are also entering the marketplace. By obtaining a degree in Financial and Computer Studies students will be fully prepared to enter the industry and succeed regardless of the competition.

In the first year, we try to give fresh students a general but solid introduction into the exciting world of Business Management. The idea is that, if students do not understand the basic principles of modern management, how could they understand the complicated area of finance and accounting? If, for example, they cannot interpret a statistical chart/graph, how can they appreciate the trends in the financial world? All subjects taught in the first year aim at aiding the student to shed light on the ‘grey’ areas in the rather demanding and competitive environment of the 21st century.

The second year introduces the student into the concept of finance and accounting. Quickly the student is faced with the problems of the industry while at the same time the endless opportunities for solutions. World Financial Services and their developments are tackled and comparative studies of different countries are carried out. Naturally, the course embraces the Cypriot situation and analyses the developments of the last forty years. Simultaneously, the second year presents to the student the other basic functions of finance and accounting and general management in a far greater depth than in the first year.


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