Bachelor Degree in Business Administration with concentration in Accounting

Admission Requirements
1. Proof of Very Good Knowledge of the English Language
Applicants must provide proof of very good knowledge of the English language, as defined by the Public Service Commission.

The acceptable evidence of language proficiency recognized by the Public Service Commission includes:

• G.C.E. O-Level in English Language with a grade of “C” or above.
• I.G.C.S.E. in English Language with a grade of “C” or above.
• E.L.T.S./I.E.L.T.S. with a score of 6 or above (Academic or General Training), provided that the relevant certificate was obtained before 1 January 2010.
• If the certificate was obtained after 1 January 2010, it will be accepted as evidence only with a score of 6.5–7.
• Cambridge Advanced Certificate in English with a grade of “C” or above.
• T.O.E.F.L. with a score of 550 or above (Paper-based), 213 or above (Computer-based), or 92 or above (Internet-based).
• Certificate of Proficiency in English of the University of Cambridge with a grade of “C” or above.
• Certificate of Proficiency in English – University of Michigan.
• Anglia Examinations – Proficiency (C1).
• ESB, Level 3 Certificate in ESOL, International All Modes – C2.

2. Secondary Education
Applicants must have successfully completed secondary education and hold a secondary school leaving certificate or equivalent qualification that grants them access to higher education in their country of origin.

3. International, Pancyprian, or Other Equivalent Examinations
i. Admission Criteria for International Examinations
Applicants must satisfy one of the following academic entry requirements:

GCE A-Level Qualifications

• Applicants must have obtained three GCE A-Levels with a minimum grade profile of ABB, including Mathematics at grade B or above.
• This corresponds to a minimum of 128 UCAS Tariff points for the ABB grade profile, with Mathematics contributing at least 40 points.
• Alternatively, applicants may substitute one A-Level subject other than Mathematics with a recognised Apolytirion (Secondary School Leaving Certificate) with an overall grade of at least 19/20.
• Under this alternative, applicants must present two GCE A-Levels with grades of at least AB or BB, including Mathematics at grade B or above, together with the Apolytirion.

International Baccalaureate (IB)
Applicants must have obtained the International Baccalaureate Diploma with an overall score of at least 32 out of 45 points, including a minimum grade of 6 in Mathematics at Higher Level (HL).

French Baccalaureate
Applicants must have obtained the French Baccalauréat Général with an overall grade of at least 14/20, including a minimum grade of 14/20 in Mathematics as a specialised subject (enseignement de spécialité mathématiques).

Prospective students must have taken the advanced Mathematics course as a compulsory requirement.

Additional Documents
Applicants must also submit:

• A motivation letter.
• A curriculum vitae (CV).

Scholarships and Financial Aid
Scholarships may be awarded based on academic merit, talent, leadership, or other criteria established by the University. Financial aid programs are available to eligible students and may include grants, tuition fee reductions, or other forms of support.

The bachelor of Business Administration with a concentration in Accounting at the University of Cyprus combines academic excellence, practical experience and strong connections with the accounting profession, preparing students for successful careers in Cyprus and internationally.

Designed in line with the academic standards of leading universities in Europe and North America, the programme provides in-depth knowledge of accounting, auditing and taxation, complemented by a strong foundation in finance, business, economics, statistics and data analytics. Students develop the technical expertise, analytical skills and professional judgement needed to succeed in an increasingly complex and technology-driven business environment.

A Head Start in Your Professional Career
Professional Qualifications
Through the Department's close collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Chartered Certified Accountants (ACCA), eligible graduates can obtain:

• Up to 12 exemptions out of 14 total modules required for the ICAEW ACA (Chartered Accountant) qualification.
• Up to 9 exemptions out of 13 total modules required for the ACCA (Chartered Certified Accountant) qualification.

Selected programmes also offer accelerated routes to professional qualification, including the opportunity to complete all ACCA examinations before graduation.

Internships and Early Employment Opportunities
The Department's strong partnerships with leading accounting and audit firms offer students the opportunity to gain valuable professional experience through paid, full-time internships.

Current internship schemes offered in collaboration with participating organizations allow students to complete one five-month internship and graduate in four years, or two five-month internships and graduate in four and a half years. This practical experience counts towards the experience requirements of professional accounting qualifications and, combined with the substantial examination exemptions offered by the programme, significantly accelerates students' progress towards professional qualification. Some of the Department's internship schemes include embedded employment contracts providing students with both professional experience and a clear pathway to employment after graduation. Students participating in other internship schemes typically receive employment offers during or shortly after completing their placements. As a result, the majority of our Accounting students secure employment contracts before graduation.

Academic Excellence and Professional Recognition
The programme is delivered by internationally recognised academics whose research and expertise bring contemporary developments in accounting and finance into the classroom.

The quality of this education is reflected in the exceptional performance of our graduates in professional examinations, including numerous ICAEW global awards and outstanding results in ACCA examinations. Specifically, graduates of the Department have the highest success rate in professional exams to obtain the Certified Accountant qualification (ACCA) and have been awarded with more than 30 global awards (21 first place global awards) in the professional examinations of the ACA qualification (Chartered Accountant). Combining academic rigour, practical experience and professional recognition, the Accounting programme prepares graduates for careers in auditing, accounting, taxation, advisory services, banking and corporate finance, as well as for postgraduate studies at leading universities worldwide.

Knowledge and Graduation Skills
The Accounting programme aims to equip students with specialised accounting knowledge, analytical and technological skills, and the professional judgement needed to address complex business challenges. Combining a strong academic foundation with practical applications, the programme prepares graduates to respond to developments in the accounting profession and the evolving needs of the business environment.

Upon successful completion of the Bachelor's Degree in Business Administration with a Concentration in Accounting, graduates will be able to:

1. Demonstrate a solid understanding of financial accounting, management accounting, auditing and taxation, and apply accounting principles and standards to prepare and interpret financial statements and exercise informed professional judgement.
2. Evaluate the reliability of financial and non-financial information, understand the role of internal controls, auditing and corporate governance in safeguarding information integrity, and recognise risks and conflicts of interest.
3. Apply accounting and financial information to support business planning and decision-making, including budgeting, forecasting, performance evaluation and tax planning.
4. Apply critical thinking, quantitative methods, data analytics and technological tools to analyse information, solve accounting and business problems, and support informed decisions.
5. Recognise and address ethical issues in accounting and business, demonstrating an understanding of professional integrity, transparency and accountability.
6. Communicate financial information, analyses and recommendations clearly and effectively to different audiences, and work collaboratively in professional and multidisciplinary settings.
7. Adapt to changes in accounting standards, regulations, technologies and business practices, and demonstrate a commitment to continuous professional development.

Curriculum Structure
ECTS Credit Distribution
Course Type - ECTS:

• Core Courses - 111
• Specialized Courses Breadth - 12
• Specialized Courses Depth - 36
• Specialized Courses - 13
• Restricted Elective Depth - 18
• Restricted Elective Breadth - 30
• Free Elective - 20
• TOTAL ECTS - 240

Important Information

• Department: Department of Accounting and Finance
• Faculty: Faculty of Economics and Management
• Mode of Study: Full time
• Coordinator: Professor Irene Karamanou

After Graduation
Occupational Profiles of Graduates with Examples
The Business and Public Administration degree-holders are employed shortly after their graduation in positions in a wide range of businesses and organisations, both in the private and public sector. They are remunerated with competitive salaries and are able to advance their career in managerial positions. They are also trained by acquiring the skills to be able to follow the path of innovation and entrepreneurship by founding their own businesses.

Graduates of the Accounting programme enjoy excellent employment prospects, supported by the Department's strong relationships with leading accounting and audit firms and its close connections with the wider business community. Through paid internships and dedicated employment pathways, the majority of students secure employment contracts before graduation, allowing them to make a smooth transition from university to professional life.

The programme opens doors to a wide range of career opportunities in Cyprus and internationally. Graduates pursue careers in accounting, auditing, taxation, financial reporting, advisory and consulting services, as well as in corporate finance, banking and financial services. Employment opportunities extend beyond professional services firms to multinational corporations, private businesses, financial institutions and public-sector organisations.

The programme's extensive exemptions from internationally recognised professional accounting examinations, combined with opportunities to gain relevant professional experience during their studies, give graduates a significant head start towards professional qualification and career advancement. As they progress in their careers, graduates are well positioned to assume senior professional, managerial and leadership roles, including those of financial controller, finance director, chief financial officer and partner in professional services firms.

The knowledge and skills acquired also provide a strong foundation for entrepreneurship, enabling graduates to establish their own businesses or professional practices, subject to applicable professional requirements.

Access to Further Studies
The Accounting programme provides an excellent foundation for pursuing internationally recognised professional qualifications, including the ICAEW ACA (Chartered Accountant) and ACCA (Chartered Certified Accountant). With substantial examination exemptions and opportunities to accumulate recognised practical experience during their undergraduate studies, graduates are well positioned to complete these qualifications and accelerate their professional careers.

The programme also prepares graduates for postgraduate studies in Cyprus and internationally, including Master's degrees in Accounting, Finance, Business Administration and related disciplines, as well as research-oriented programmes leading to a PhD. Graduates of the Department have successfully gained admission to postgraduate programmes at leading universities in the United Kingdom, continental Europe and North America, reflecting the quality of their academic preparation.