BBA FAQs

As a non-state, non-profit management school, CIIM is in the business of creating sustainable value for society. Today, the society in Cyprus, the region and around the world is concerned about:

  • The scarcity of jobs and the poor employment prospects of university graduates without work experience (a fresh university graduate in Southern Europe has a 30% chance to remain unemployed for over 6 months after graduation).
  • The mismatch between the skills acquired in university and the skills required by employers resulting in youth unemployment coexisting with unfilled job openings for university graduates.
  • Conventional university education being overly theoretical with limited market relevance and no hands-on experience does not adequately prepare its graduates for gainful employment while traditional jobs are saturated or contracting.
  • The slow pace of creating innovative enterprises and new jobs and the steady loss of international competitiveness of many economies in the region and the EU.
  • The low level of ethical standards and the many scandals breaking out in all sectors of economy and society.
The CIIM MBA is founded on four pillars:

  • Personal and professional development from day one—to empower the youth with the self-confidence, the professionalism and the can-do attitude to succeed in the challenging new world of global competition, accelerating change and unsettling uncertainty.
  • Academic excellence and employability– to remedy the mismatch between academic qualifications and skills required by employers; to learn how to apply in practice what is learned in theory; to provide work experience while studying.
  • Innovation and entrepreneurship – to inspire creative thinking, value creation and entrepreneurial spirit to foster the development of innovative enterprises, rewarding job creation and a new economic model of sustainable growth and prosperity.
  • Ethical values and social responsibility—to imbue ethical values and principles and raise the level of ethical contact and social responsibility of the new generation.
This is a BBA like no other in Cyprus or abroad. It has several unique and valuable features:

  1. It is a transformative BBA that prepares you for the emerging new world
  2. It combines academic excellence and professional qualifications (ACA, ACCA, CIMA)
  3. It prepares you for both the job market and post-graduate studies
  4. It is taught by a team of both professors and practitioners, both local and international
  5. It employs innovative teaching methods that make learning easier and enjoyable
  6. It offers four areas of concentration to choose from: international business and management (IBM); innovation and entrepreneurship management (IEM); business information technology (IBT); and financial and managerial accounting ( FMA).
  7. It prepares you for both securing rewarding employment and starting your own business
  8. It offers you the opportunity to study for a semester abroad at collaborating university of your choice
  9. It offers you the opportunity to do an internship at home or abroad to gain work experience and enhance your employability
  10. It provides you with transferable skills and networking opportunities to be occupationally and geographically mobile
Transformative learning is a type of learning that does not simply convey knowledge and skills but also transforms attitudes and behaviours. Flexibility, a can-do attitude, and a fast response are fundamental qualities that employers are looking for but are so rare among university graduates. In the new world that is shaping up in the post crisis years employers hire for attitude not just knowledge and skills.
The transferable skills are skills you need in any job, such as communication skills, negotiation skills, problem solving skills, decision making skills, team-player skills, , opportunity spotting skills, influencing skills, leadership skills, etc. You need these skills to make yourself indispensable to employers and mobile between jobs.
The graduates of the CIIM BBA program should be able to:

  • Secure a job or create their own job or start-up and run their own business
  • Employ information technology as a powerful tool of business
  • Spot problems and opportunities and respond with a creative and entrepreneurial mind-set
  • Act on values: contact themselves ethically with professionalism, a can-do attitude, flexibility, and fast response
  • Embrace and drive change, adjust easily to technological and market changes and operate with equal ease at home and abroad being occupationally and geographically mobile
  • Continue their studies at the postgraduate level (MSc, MBA, and Ph.D.) or for a professional qualification (ACCA, ACA, CFA) having already received many exceptions as a result of their BBA studies.
A student to graduate needs to accumulate 240 ECTS as follows:

  • 150 ECTs from core courses
  • 60 ECTs from electives
  • 18 ECTs from a practicum
  • 12 ECTS from a thesis or an internship or an accounting case
You choose a concentration when you enter the program but you have the chance to switch concentration at the start of the second year.
By taking the 48 ECTS of the concentration (60 in the case of Accounting).
You can but it will require you to spend an extra year to take the 48 ECTs of the second concentration.
You can by selecting a mix of electives from different concentrations to accumulate a total of 60 ECTS from electives
To be considered for admission into the program the candidate must have at least one of the following:

  • High-school leaving certificate with a minimum grade of 18/20  (for public schools) or 85 (for private schools) OR
  • Pancyprian or Panhellenic Entrance Examinations  with a minimum average grade of  85  (17/20) OR
  • Three GSE A Level with grades ABB
  • International Baccalaureate with a minimum of 32 points
The candidate must document proficiency in the English language through on of the following:

  • IELTS with at least 6.0+
  • TOEFL with a score of at least 550+  (213+ for computerized test)
  • GCE O level in the English language with at least C
  • Graduation from an English-language speaking high-school
Yes. As with all its programs CIIM is very selective; it interviews all its students before admission. The BBA is a unique program for students with character and ambition who want to make a difference in the world. All candidates who meet all the other admission requirements will be invited for a personal interview with faculty.
Yes. The CIIM BBA is a serious undergraduate program involving teamwork, active student involvement and interaction and class participation is an integral part of the assessment. Therefore, attendance of classes is mandatory except in case of emergency.
The tuition fees for students starting the programme in academic year 2015-16 are €6,800 per year payable in two instalments, one just before the start of each semester. There is also a €500 registration fee in the first year, and €100 for subsequent years.
Yes, there is for students that demonstrate real need based on income and wealth criteria. Financial aid consists of teaching, research or administrative assistantships and/or  arrangements for ease of payment such as rescheduling payments or conversion of part of the tuition fees into a student loan to be paid upon graduation and employment. For further details please see section “Fees and Funding”
There are a few scholarships. They are highly competitive, awarded only on merit, as demonstrated by exceptional academic performance. Recipients of scholarship undertake the obligation of continued excellence as well as the moral obligation to contribute to the school and the community when they graduate
The semester abroad is optional but at the same time it is strongly recommended. Each and every student is expected to make every effort to take advantage of the opportunity to study abroad for a semester (or longer if desired and agreed upon with the school). It will give the student the experience of another culture and new contacts and making him/her more employable and internationally mobile.
The tuition fees do not include the cost of the semester abroad. CIIM has made arrangements with collaborating universities not to charge tuition fees for the program’s students in exchange for CIIM not charging their students tuition fees. Students that succeed in securing participation in the Erasmus student exchange program will benefit from the living expenses subsidy from Erasmus. Students that go on student exchanges to collaborating institutions (outside Erasmus) will benefit from reduced accommodation costs through mutual arrangements made by CIIM with these institutions. CIIM will also provide a €500 accommodation subsidy. The balance is the student’s responsibility
During the second or third year of study after notification of the school and agreement on the institution and approval the courses to be attended. In exceptional circumstances and with the school’s consent a student may do a year abroad during the 2nd or 3rd year of study.
30 ECTs provided the student takes the approved by CIIM courses, be assessed by the host institution and pass them.
By the time you complete your BBA studies you are expected to have acquired a working knowledge of a third language (beyond your native language and English); this is also an EU requirement for employment in the EU. The chosen language can be any European or international language such as French, German, Spanish, Italian, Russian, Arabic, and Chinese. These languages are taught by CIIM or collaborating language schools with specially arranged fees for CIIM BBA students (not included in CIIM’s tuition fees). Students will meet the third language core requirement if they pass intermediate level exams in the chosen language or have earned documentation of third language proficiency at the intermediate level or above by the time they completed their studies.
The internship is a 3 months-long work placement at a partner company, but it can be as long as 6 months. It will be unpaid unless it is agreed otherwise between the company, the student and CIIM. The internship is arranged by the joined effort of the student and CIIM. The student must prepare and submit a 5,000 word internship report at the end of the internship describing the work done and the lessons learned.
Yes if he/she chooses to do a thesis or advanced accounting courses.
In several ways. First, with the knowledge, transferable skills, and area(s) of concentration they acquire from the programme; second, with the creativity, entrepreneurial spirit and can-do attitude they get infused with; third, with the in depth knowledge of many companies and industries they acquire as part of their studies; fourth, with the many contacts, networking and mentoring they get while studying at CIIM; fifth, with the work experience and contacts students get from their local or international internship and semester of study abroad.
The CIIM BBA is a rigorous bachelor program with ambitious objectives for its graduates. Yet it provides its participants with extraordinary student experience both with an exciting curriculum and fun teaching methods and with extracurricular activities such as sports, clubs and social events.