FUNCTIONAL COURSES
Financial Accounting
Addresses the needs and concerns of managers of non-financial areas who do not have formal accounting training and are experiencing an increasing need to use financial information to appraise performance and make decisions.
Managerial Economics
Applies economic theory and methods to business in order to examine how an organization can achieve its aims or objectives more efficiently. It provides the students with knowledge of economics (both micro and macro) as it applies to business. It teaches them the essential tools to apply in: business plans, production cost, demand estimation and forecasting, financial analysis, market research and marketing.
Quantitative Methods
Provides the students with basic statistical methods and techniques used in business and many other fields. It familiarizes the student with quantitative methods increasingly used by companies to inform the public, to make forecasts for planning and decision making.
Corporate Finance
Provides students with an introduction to the fundamental aspects of the theory and practice of finance. Students who have successfully completed it will have a solid understanding of the financial markets and the environment in which corporations operate. They will be introduced to the fundamental instruments of finance and, most importantly, they will learn how to value them.
Ethics in Business and Government
Sensitizes the students to the ethical dimensions of business and trains them to identify ethical dilemmas and resolve them based on ethical principles and moral theory. It helps to convey the importance and functionality of core values, codes of contact and a culture of ethical behaviour as powerful management tools in the workplace and sources of trust and reputation in the marketplace.
FINANCE CORE COURSES
Company Valuation
Examines basic valuation methods for appraisal of companies, projects and equity, practically and as they are currently applied in the industry. The course concentrates on valuation issues only. Relatively little new finance theory is introduced; rather the emphasis is on the practical application of finance and accounting to valuation.
Derivatives and Financial Engineering
Provides market participants with an in-depth knowledge of the structure and mechanics of the derivatives market/products (options, futures, forwards, and swaps), as well as the tools needed to price these instruments.
Investment and Portfolio Management
Helps students learn how to manage their money to derive the maximum benefit from what they earn. The course mixes investment instruments and capital markets with the theoretical detail on evaluating investments and opportunities to satisfy risk-return objectives along with how investment practice and theory is influenced by globalization.
International Finance
Provides students with a thorough understanding of international financial markets as well as the tools needed to grasp exchange rate determination, the impact it could have on your firm, as well as ways to hedge such risk.
Risk and Insurance Management
Provides the basic aspects of risk management as they apply in the insurance industry. Presents a framework for analyzing insurance and other strategies for removing risk and uncertainty and, thus, costs associated with risks.
BANKING CORE COURSES
Commercial Banking
Provides an in-depth, comprehensive analysis of banking. Participants analyze banks’ major functions and the principles underlying modern banking operations and practices; learn about the structure, operation and regulation of financial and monetary systems in Cyprus and internationally; examine bank management and current banking practices used to control different kinds of risk.
Investment Banking
Provides a thorough knowledge of the main business areas of an investment bank with particular emphasis on the professional practices of investment banks. This involves, inter alia, raising capital (debt, equity) for clients and advising on M&A transactions, selling securities to institutional investors, and managing third party assets, etc.
Issues in Global Banking
Helps students acquire a good understanding of global banking, international bank lending, and global equity markets, and know how to assess and manage cross border risk.
Risk Management
Examines the ways banks and other financial institutions measure market, credit and operational risk. Through cases from the international business practice, participants are trained to recognize the various types of risks and are introduced to the analytic tools and methods that are being used in risk management.