Master of Business Administration (MBA)

Programme Description

The Master of Business Administration (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. The aim of the MBA is that students improve their interpersonal skills throughout their studies through teamwork. The group activities are part of the assessment methods in most courses of the program.

The Master of Business Administration (MBA) Programme of the Neapolis University in Cyprus is designed in a way that teaches students the latest theories and applications of management science and gives the opportunity to specialize in selected fields. The Master of Business Administration (MBA) provides 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 teaching method in the Master of Business Administration (MBA) programme 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 is the standard method for developing team skills.

“The Master of Business Administration (MBA) in Neapolis University prepares students so as to make the difference in the employment market. The Master of Business Administration (MBA) focuses on ethical, administrative and social responsibilities of business opportunity, allowing students to choose direction based on their future plans.”
Yiannis Politis Director of Postgraduate Business Administration

Programme Structure

The Master of Business Administration (MBA) includes five required courses, which are common for all students, the dissertation, the business game, the seminar management skills and four electives that allow students to specialize in their chosen field.

Required Courses

  • Human Resource Management
  • Management of Financial Resources
  • Business Process Management
  • Purchasing and Marketing Management
  • Business Strategy


The Dissertation of the Master of Business Administration (MBA) is an important part of our pedagogical philosophy and provides an opportunity for students to develop independent and critical approach to the analysis of business situations.

Business game

Students of the Master of Business Administration (MBA) also participate in the business game. As part of this process, students formulate a business problem, which simulates reality, and devise a business plan to solve it by developing their capacity for decision-making.

Administrative Skills Seminar

It consists of a series of workshops providing basic administrative skills to students of the Master of Business Administration (MBA).


The Master of Business Administration (MBA) includes the following directions:

  • MBA in Financial Management
  • MBA in Tourism Management
  • MBA in Property Management
  • MBA in Construction Projects Management
  • MBA in General Administration

The Master of Business Administration (MBA) is offered either in intensive form (one year duration), or for weekend courses, so it can be accessible to those who work, and is supported by an electronic management system – the Moodle.

Career Prospects

The graduates of the Master of Business Administration (MBA) may:

  • Be deployed in the public sector, wider and private sector
  • Improve their prospects for career advancement in Business Administration
  • Contribute to the development and management of private enterprises

The Master of Business Administration (MBA) prepares students for the business environment with multiple specializations in high-demand sectors.

Duration of studies

The Master of Business Administration (MBA) lasts four semesters and courses are taught in Greek and English.




Tourism Management

The Specialization of Master of Business Administration (MBA) in Tourism Management provides the student with expertise in hotel management, economics of tourism, the tourism marketing and tourism communication strategies.

This specialization of the Master of Business Administration (MBA) analyzes the economic structure of the tourism industry and the prospects of the tourism industry. The course of quantitative analysis helps the student to understand the different statistical analysis methods and how they are applied in examining problems of the Tourist Industry.

The course of Development and Management of Tourist Destinations Resorts is an innovative course as it is done in conjunction with practice in large hotels, where the student passes all stages of specialization. One of the advantages of the programme is the use of new technologies, since now the traditional tour operator is converted to a digital agent. At this point are introduced courses of tourism marketing and the tour planning, as the internet and tourists trends play an important role in shaping tourism communication policy.

The Specializations lessons are:

  • Financial Structures of Tourism Industry
  • Quantitative Methods in Business Analysis
  • Development of Tourist Destinations and Resorts Management
  • Marketing in the Tourism Industry
  • Travel Tourism

Financial Management

The direction in Financial Management provides students with the knowledge and tools necessary for financial decision making in businesses and organizations who require specialized knowledge of financial analysis and financial systems.

Students, through the Master of Business Administration (MBA), practice in the design and implementation of financial strategies, including investment projects and strategic acquisitions and mergers.

The knowledge acquired by students in finance will help them develop personal and professional skills and to meet their professional expectations.

The Specializations lessons are:

  • Economic Analysis of Financial Markets
  • Mathematical and Statistical Techniques in Finance
  • Financial Theory
  • Corporate Finance

Construction Management

The construction industry is one of the key sectors of the Cyprus economy in which many businesses operate. The MBA in Management of Construction is a unique programme in Cyprus aiming to supply businesses with management, which not only is well-trained in business management, but also have very good knowledge of the peculiarities of the construction industry and construction projects.

Within this framework, the programme provides graduates of all the skills needed to effectively handle the daily challenges facing the construction industry in a highly competitive environment.

The Specializations of the Master of Business Administration (MBA) lessons are:

  • Construction Projects Management
  • Construction Work Schedule
  • Construction Company Management

Real Estate

The Specialization in Real Estate of the Master of Business Administration (MBA) provides general education in business administration, and expertise in the property sector, thus preparing graduates of the Programme for senior management positions in a wide range of companies that are active in real estate and land development.

Within this context, the Programme provides analytical and research skills, which are necessary for the efficient handling of daily challenges faced by a company that operates in this area. It also deepens the basic dimensions of the housing market, such as the economics of real estate, investment aspects of real estate, the main methods of valuation and the process of land development.

The Specializations lessons are:

  • Quantitative Tools for the Analysis of Real Estate Market
  • International Economics of Property
  • The Theory and Practice of Property Valuation
  • Property Investment
  • Land Development



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

CodeCourse TitleECTS


Managing People and Organisations

MBA580Leadership and Organisational Behaviour3.0
MBA590Human Resources Management3.0

Accounting Analysis

MBA550Accounting and Financial Statement Analysis3.0
MBA555Managerial Accounting3.0

Financial Analysis

MBA540Managerial Finance6.0

Marketing and Communications

MBA560Marketing Management4.0
MBA520Business Communications2.0

Operations and Enterprise Management

MBA570Operations Management3.0
MBA575Total Quality Management3.0

Business Strategy

MBA581Business Strategy6.0


MBA Real Estate Specialization

REAL500Quantitative Tools for Real Estate Analysis3.0
REAL530Real Estate Economics3.0
REAL550Theory and Practice of Real Estate Valuation6.0
REAL570Real Estate Investment6.0
REAL580Real Estate Development6.0

MBA Construction Management Specialization

MBA530Managerial Economics3.0
MBA620Quantitative Business Analysis3.0
CONS560Construction Project Management6.0
CONS570Construction Scheduling6.0
CONS590Construction Business Management6.0

MBA Tourism Management Specialization

MBA593Economic Structure and Performance of the Tourism Industry3.0
MBA620Quantitative Business Analysis3.0
MBA591Developing and Managing Destinations and Resorts6.0
MBA592Marketing for Tourism and Hospitality6.0
MBA594Travel and Transport Tourism6.0

MBA Finance Specialization

MFIN520Economics for Financial Markets3.0
MFIN500Quantitative Methods in Finance3.0
MFIN510Financial Theory and Valuation Models6.0
MFIN540Corporate Finance and Financial Management6.0
MFIN530Derivative Securities6.0

MBA General Management

MBA530Managerial Economics3.0
MBA620Quantitative Business Analysis3.0
MBA595Project Management6.0
MBA586Business and International Strategy Simulation6.0
MBA585Small Business Management6.0

The Faculty of the Master of Business Administration (MBA)