Master of Business Administration (MBA)

Purpose and objectives of the Master in Business Administration (MBA)

The Master in Business Administration (MBA) is a distinctive program that encompasses the study of finance, management, marketing and related disciplines. The curriculum is designed to provide students knowledge and skills in an environment that develops students’ ability to make decisions related to their field, to deepen and broaden their knowledge in the operation and management of businesses. The Master in Business Administration (MBA) provides a general management post graduate and post experience education for those aspiring to or already at senior management level in organizations and equip them to perform effectively in managerial positions. Accordingly, the aim is not to pursue an academic theoretical study, but rather to enable theory to inform practice.

The MBA aims to develop in students the ability of research and analysis, synthesis and creativity, while stressing the vital importance of information and technological development, and raising awareness of ethical, social, environmental and international issues affecting administrative decisions. In general, the educational objectives of the MBA incorporate the objectives of Neapolis University Pafos.

Graduates will

  • demonstrate complex problem solving skills, supported by appropriate analytical and quantitative techniques to improve organizational performance.
  • possess functional knowledge and be able to integrate this knowledge in support of decision making.
  • have experience with project leadership.
  • possess the knowledge necessary to use frameworks in ethical analysis and decision making, understanding their personal responsibilities as business leaders.
  • have a global and multicultural perspective.
  • demonstrate key attributes associated with professional conduct.

Specific objectives of the foregoing elements include:

Graduates will

  • use a variety of analytical techniques to identify a complex business problem, generate and compare alternatives and develop a solution
  • select and implement the appropriate research skills and tools (information technology and / or quantitative analysis) to solve problems.
  • integrate their functional knowledge in applied settings (e.g. case analyses, group projects, research papers).
  • demonstrate knowledge relating to the concept of value creation and the role played by each functional area of the firm.
  • demonstrate a level of proficiency and self‐confidence appropriate to be a team or project leader.
  • define key components of the business operating environment(s) and explain how these components impact organizational performance and decisions.
  • diagnose cross‐cultural issues in a case setting and propose appropriate solutions.
  • demonstrate knowledge of how issues and decision criteria change depending on cultural perspectives and location.
  • demonstrate highly effective oral communication skills in professional settings, including: professional presentations and persuasive presentations.

Learning outcomes

The MBA program provides the necessary supplies and knowledge as well as formulate the required level of perception of business issues for companies, government departments.

On successful completion of the Master in Business Administration (MBA) students will be able to:

  • Design integrated solutions to complex business problems based on discipline knowledge and experience.
  • Critically evaluate current management frameworks, models, debates and evidence and integrate with practice.
  • Demonstrate an ability to think laterally, critically, innovatively, creatively, and to make connections among diverse fields of study in analysing problems
  • Critically address contrasting research dealing with multi-faceted business problems.
  • Critically evaluate the practical applications of theory to generate practice-based solutions to unstructured problems.
  • Acquire analytical and research skills to deal with business complex problems.
  • Identify and address personal and professional development needs.
  • Demonstrate an ability to make decisions in challenging situations.
  • Demonstrate an ability to lead and to interact effectively in group situations.
  • Communicate to diverse audiences through a range of media.
  • Work independently and collaboratively.
  • Manage self and others.

Teaching Language

The Master in Business Administration (MBA) is offered in the Greek and English language.

Student-centered approach 

The MBA Program is designed to provide an academic experience that transcends that of the traditional classroom in which the flow of information is primarily from faculty member to student. Recognizing the educational value of the students’ extensive experience, faculty seeks to establish a vigorous dialogue in their MBA classes. The intention in MBA education is that each participant contributes to the education of the full class through sharing expertise and leading discussion when the participant’s skills and background make this possible.

The MBA offers a unique virtual learning journey through advanced simulation games and real-life learning experience through collaborations with leading companies across all sectors.

The teaching method in the Master in Business Administration (MBA) is participatory and interactive, so that students can develop their interpersonal skills through active participation in the learning process and through the institution of collective work, which are the standard method for developing team skills.

Director of Studies: Dr. Nikos Apostolopoulos, Assistant Professor


The University reserves its right to define the electives offered on an academic year basis

Duration of studies

The Master in Business Administration (MBA) will be offered full-time and the program’s normal duration is 1½ years (18 months). MBA students must complete 90 ECTS of coursework to fulfill the degree requirements. The first-year MBA core program consists of eight integrated thirteen-week modules, totalling 60 ECTS. MBA students must also complete a 30 ECTS Dissertation to fulfill the degree requirements. The MBA program consists of only compulsory modules. The Master in Business Administration (MBA)will be delivered within three (3) academic semesters. During the 1st semester, a student shall have to take four (4) compulsory modules, totaling 30 ECTS and during the 2nd semester another four (4) compulsory modules will be provided, totaling 30 ECTS. After completing their first year in the MBA program (60 ECTS), students shall take a compulsory MBA Dissertation, corresponding to 30 ECTS. Additionally, it is stressed that according to the relevant instructions of the Cyprus Agency for Quality Assurance and Accreditation in Higher Education the Master in Business Administration (MBA) can be completed in two academic semesters once the MBA Dissertation starts from the first or the second semester of studies and is completed during the summer period, which can be extended after the summer season for one or two months. The total number of ECTS remains unchanged, (90 ECTS).

Student admission requirements

General admission criteria

The Master in Business Administration (MBA) is aimed primarily at graduates of Law, Economics and Polytechnic Schools, as well as graduates of all general and special departments of Business Administration. The general admission criteria are based on the type and quality of previous studies, the grade obtained in previous studies and the suitability of the candidate for the Master in Business Administration (MBA) of study that has been applied for. The University’s admission policy is to make admission offers to applicants who are judged to have the background and abilities to have a reasonable expectation of success in the MBA program to which they are made an offer and who are likely to benefit from university study. The Master in Business Administration (MBA) Coordinator will be actively involved in the review of applications and his approval will be required before admitting any student to the MBA program. 

English language requirements

Satisfactory knowledge of English is essential. The minimum language requirement is a B2 certificate in the Common European Framework of Reference for Languages scale. In the absence of such a certificate/degree, candidates will be asked to sit English language exams in order to prove their satisfactory knowledge. After admission, candidates may be required to take additional instruction in English language. 

Admission of students with special needs

The University offers equal opportunities to all students regardless of their physical abilities. Candidates who have some form of disability, which is mentioned in their application, will be examined on equal terms as all other candidates. The candidates should explain in their application form the nature of their disability and inform the admissions office concerning the special needs they will require during their studies.

Application forms

For a candidate to be considered for admission to the Master in Business Administration (MBA) he/she needs to complete an Application Form, obtainable from the Admissions Office. Once completed the application form should be returned directly to that Admissions Office together with the additional documentation required. An electronic version of the Application Form can be downloaded from the Admissions Office home page or submitted on-line. 

Application deadline

Candidates may apply at any time during the year, though admissions will be in September and February.

The Course Structure of the Master of Business Administration (MBA) is as follows:

CodeCourse TitleCourse TypeECTS

1st Semester

MBA550Accounting and Financial Statement AnalysisCompulsory7,5
MBA561Marketing Management and Business CommunicationCompulsory7,5
MBA580Leadership and Organizational BehaviourCompulsory7,5
MBA600Research Methods and Data AnalysisCompulsory7,5

2nd Semester

MBA540Corporate Finance and Financial ManagementCompulsory7,5
MBA574Operations and Total Quality ManagementCompulsory7,5
MBA584Entrepreneurship and InnovationCompulsory7,5
MBA590Human Resources ManagementCompulsory7,5

3rd Semester


Click here to see the Faculty of the Master of Business Administration (MBA)