​B.Sc. in


(3 Years)

Entry Level

High School Leaving Certificate


3 years


Registered and Licensed by the Cyprus Ministry of Education. Accredited by the Chartered Insurance Institute (CII)

Course Objectives

The Insurance industry is a multi-billion dollar industry worldwide. Everyone needs insurance as it touches every aspect of modern life. By obtaining a degree in Insurance students will have the skills and knowledge required to enter the Insurance industry with confidence in order to achieve guaranteed success.

 In the first year, we give 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 insurance? If, for example, they cannot interpret a statistical chart/graph, how can they appreciate the trends in the insurance industry? 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 to the world of Insurance. Quickly the student is faced with the problems of the industry while at the same time the endless opportunities for solutions. World Insurance and its 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 Insurance and general management in a far greater depth than the first year. Psychology and Sociology are covered in the subject of Behavioural Studies, while the financial structures of companies are investigated in the subject of Accounting.

Course Structure

  1. Diploma in Marketing Management (DMM)
  2.  Advanced Diploma in Insurance (ADIS)
  3. Bachelor in Insurance (BIS)
  • 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 Insurance (ADIS) is awarded.
  • On successful completion of Year 3, the B.Sc. Degree is awarded.

Course Recognition

CIM is delighted to announce that its BSc Insurance (3 Years), has been reviewed and awarded accreditation by CII:

BSc Insurance exam units completed
between 27th November 2014 and 26th November 2018
CII prior learning award
expires 26 November 2018
1. Economics
2. Marketing Management
25 non specific credits at Diploma level for recognition of general business content
3. Insurance Broking Award I10 (Insurance Broking Fundamentals) 15 Certificate level credits
4. Private Motor Award IF5 (Motor Insurance Products) 15 Certificate level credits
5. Property Insurance - Underwriting Award of W01 (Award in General Insurance): 15 Certificate level credits

The CIM programme is the only BSc in Insurance programme that enjoys exemptions in Cyprus.

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