The Insurance stream was established in direct response to specific and growing requirements of a vibrant and dynamic sector of the Cyprus economy. The College aspires to satisfy this demand with solid analytical foundations for graduates.
Objectives
The department aims to provide students with an understanding of those business issues which are vital to the functioning of the business community and to help them develop a philosophy which encourages responsible management of the business system and its major functional areas.
Purposes
The Department of Business Studies aims to provide students with the opportunity to:
- Obtain a first-class business education commensurate with the needs of the time.
- Develop an in-depth understanding of the free enterprise system which governs business activity.
- Benefit from the educational resources of the department.
- Benefit from a quality graduate program.
Building Blocks
The period of study for full-time students is four academic years (eight semesters) covering both core and elective subjects and each subject carries a fixed number of study credits. The normal load in each semester is 30 ECTS taught over 13 weeks.
The program is structured so as to offer students the opportunity to acquire a solid general education in Business Studies followed by a more in-depth training in an area of their choice. Subjects are tiered across semesters in a building block fashion so as to take full advantage of the flexibility offered by the semester system.
Students studying towards the BA (Hons) degree in Business Studies are required to take a minimum of 240 ECTS. Students may attempt more with the permission of the Head of Department and in accordance with internal departmental rules. Sixty (60) of the required 240 minimum ECTS come from general electives and the remaining 180 ECTS come from the student’s chosen field of study. Of these 180 ECTS, 40 are specialisation options while the remaining 140 are core subjects.
Year 1 |
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Semester 1 | ECTS | |
Core Subjects | ||
BSM-110 | ECONOMICS I | 5 |
BSM-111 | THEORY AND PRACTICE OF MANAGEMENT I | 5 |
ACF-110 | ACCOUNTING AND FINANCE I | 5 |
CST-115 | MATHEMATICS AND STATISTICS I | 5 |
Electives: 1 or 2 from | (5-10) | |
PSY-111 | General Psychology I | 5 |
CST-110 | Computers and Applications I | 5 |
PSS-110 | Modern Society and Sociology | 5 |
PRL-130 | Communication and Language Development I | 5 |
BSM-112 | Business Law I | 5 |
Semester 2 | ||
Core Subjects | ||
CST-125 | MATHEMATICS AND STATISTICS II | 5 |
BSM-120 | ECONOMICS II | 5 |
BSM-121 | THEORY AND PRACTICE OF MANAGEMENT II | 5 |
ACF-120 | ACCOUNTING AND FINANCE II | 5 |
Electives: 1 or 2 from | (5-10) | |
PSY-121 | General Psychology II | 5 |
CST-331 | Computerised Accounting I | 5 |
BSM-221 | Principles of Marketing | 5 |
PSS-120 | Sociological Theory | 5 |
BSM-122 | Business Law II | 5 |
PRL-140 | Communication and Language Development II | 5 |
Year 2 |
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Semester 3 | ECTS | |
Core Subjects | ||
BSM-230 | PERSONNEL MANAGEMENT AND ORGANISATIONAL BEHAVIOUR I | 5 |
CST-232 | OPERATIONS RESEARCH | 5 |
ACF-315 | FINANCIAL MANAGEMENT I | 5 |
PRL-230 | COMMUNICATION IN PRACTICE I | 5 |
Electives: 1 or 2 from | (5-10) | |
PSY-110 | Themes and Perspectives in Psychology | 5 |
ACF-210 | Business Accounting I | 5 |
BSM-331 | Marketing Management I | 5 |
CST-120 | Computers and Applications II | 5 |
BSM-210 | Managerial Economics I | 5 |
BSM-231 | Topics in Applied Finance and Economics | 5 |
ACF-314 | Management Accounting I | 5 |
PSS-110 | Modern Society and Sociology | 5 |
Semester 4 | ||
Core Subjects | ||
BSM-220 | MANAGERIAL ECONOMICS II | 5 |
BSM-332 | PRODUCTION & OPERATIONS MANAGEMENT | 5 |
BSM-240 | PERSONNEL MANAGEMENT AND ORGANISATIONAL BEHAVIOUR II | 5 |
ACF-325 | FINANCIAL MANAGEMENT II | 5 |
Electives: 1 or 2 from | (5-10) | |
ACF-325 | Financial Management II | 5 |
ACF-220 | Business Accounting II | 5 |
PRL-240 | Communication in Practice II | 5 |
PSY-227 | Organisational Psychology | 5 |
CST-127 | Multimedia and Internet Applications | 5 |
BSM-241 | Decision Studies | 5 |
ACF-324 | Management Accounting II | 5 |
BSM-221 | Principles of Marketing | 5 |
PSS-120 | Sociological Theory | 5 |
Year 3 |
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Semester 5 | ECTS | |
Core Subjects | ||
BSM-338 | Financial Aspects of Life Business | 5 |
BSM-311 | INTERNATIONAL MANAGEMENT I | 5 |
BSM-336 | Introduction to Insurance | 5 |
BSM-337 | Principles and Practice of Insurance | 5 |
BSM-310 | HUMAN RESOURCE MANAGEMENT I | 5 |
Electives: 1 or 2 from | (5-10) | |
PSY-120 | Themes and Perspectives in Psychology II | 5 |
PRL-137 | German Language I | 5 |
PRL-134 | French Language I | 5 |
PRL-111 | Public Relations I | 5 |
BSM-346 | Economics European Integration | 5 |
BSM-339 | Pensions and Related Benefits | 5 |
ACF-211 | Financial Accounting I | 5 |
BSM-448 | Marketing Environment | 5 |
ACF-215 | Company Law I | 5 |
ACF-315 | Financial Management I | 5 |
BSM-351 | International Business Enterprises | 5 |
GEN-330 | Consumer Behaviour | 5 |
BSM-334 | Econometric Modelling I | 5 |
GEN-330 | Introduction to Philosophy | 5 |
PSY-333 | Management Science | 5 |
Semester 6 | ||
Core Subjects | ||
BSM-348 | Insurance of Liability | 5 |
BSM-347 | Insurance of the Person | 5 |
BSM-322 | CORPORATE STRATEGY AND PLANNING | 5 |
BSM-321 | INTERNATIONAL MANAGEMENT II | 5 |
BSM-349 | Financial Aspects of Pension Business | 5 |
Electives: 1 or 2 from | (5-10) | |
BSM-435 | International Marketing I | 5 |
PSY-340 | Moral and Political Philosophy | 5 |
BSM-342 | Advertising and Promotion | 5 |
BSM-341 | Marketing Management II | 5 |
ACF-425 | Financial Management IV | 5 |
ACF-215 | Company Law I | 5 |
BSM-345 | Industrial Economics | 5 |
PSY-227 | Organisational Psychology | 5 |
PRL-147 | German Language II | 5 |
PRL-144 | French Language II | 5 |
GEN-350 | Multidisciplinary Seminar | 5 |
ACF-221 | Financial Accounting II | 5 |
BSM-344 | Econometric Modelling II | 5 |
BSM-335 | International Finance and Banking | 5 |
BSM-343 | Macroeconomic and Monetary Policy | 5 |
Year 4 |
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Semester 7 | ECTS | |
Core Subjects | ||
BSM-439 | The EC and Insurance | 5 |
BSM-436 | Life Insurance Law and Practice | 5 |
BSM-410 | THE DYNAMICS OF THE CYPRUS ECONOMY I | 5 |
BSM-412 | BUSINESS AND SOCIETY | 5 |
BSM-437 | Property Insurance Risk | 5 |
Electives: 1 or 2 from | (5-10) | |
PRL-138 | German Language III | 5 |
BSM-434 | Institutional Investment | 5 |
BSM-432 | Business Forecasting I | 5 |
BSM-438 | Strategic Planning and Marketing | 5 |
ACF-225 | Company Law II | 5 |
PSY-330 | Introduction to Philosophy | 5 |
PRL-135 | French Language III | 5 |
PRL-121 | Public Relations II | 5 |
GEN-450 | Project I | 5 |
BSM-411 | Industrial Relations I | 5 |
BSM-431 | Business Games and Strategies | 5 |
PSY-410 | The Impact of Greek Civilisation Europe I | 5 |
Semester 8 | ||
Core Subjects | ||
BSM-420 | THE DYNAMICS OF THE CYPRUS ECONOMY II | 5 |
BSM-444 | Insurance of Transport: Motor | 5 |
BSM-447 | Life Assurance Salesmanship and Marketing | 5 |
PRL-420 | BUSINESS ETHICS | 5 |
BSM-449 | Insurance of Transportation: Marine | 5 |
Electives: 1 or 2 from | (5-10) | |
GEN-350 | Multidisciplinary Seminars | 5 |
BSM-443 | Debt Securities Management | 5 |
BSM-446 | Strategic Management and Marketing in Banking | 5 |
BSM-441 | South-East Asian Economies | 5 |
GEN-451 | Project II | 5 |
GEN-440 | Project Evaluation Management II | 5 |
PRL-145 | French Language IV | 5 |
PRL-148 | German Language IV | 5 |
PSY-340 | Moral and Political Philosophy | 5 |
PSY-420 | The Impact of Greek Civilisation on Europe II | 5 |
BSM-421 | Industrial Relations II | 5 |
PRL-234 | Working with the media | 5 |
BSM-445 | International Marketing II | 5 |