UCY MBA Student Handbook 2016-2017

STUDENT HANDBOOK The University of Cyprus MBA Student Handbook Academic Year 2016-2017

Revised on August 2, 2016WELCOME NOTE.............................................................................................................................................. 4ACADEMIC CALENDAR FOR 2015-2016................................................................................................ 51. SCHOOL OF ECONOMICS AND MANAGEMENT ...................................................................... 61.1 Overview ............................................................................................................................. 61.2 The Department of Business and Public Administration .............................................. 61.3 The Department of Accounting and Finance................................................................... 72. THE MBA PROGRAM ............................................................................................................................ 72.1 The University of Cyprus MBA Advantage....................................................................... 72.2 Our Mission ......................................................................................................................... 72.3 Our Philosophy ................................................................................................................... 82.4 Academic Governance ....................................................................................................... 82.5 MBA Administrative Personnel ........................................................................................ 83. REGISTRATION AND TUITION.......................................................................................................... 83.1 Admission and Enrollment................................................................................................ 83.2 Registration ........................................................................................................................ 93.3 Tuition Fees ........................................................................................................................ 93.4 Adding/ Dropping a Course .............................................................................................. 93.5 Attendance Policy............................................................................................................... 93.6 Examinations Policy......................................................................................................... 103.7 Grading System................................................................................................................. 104. MBA ORIENTATION .............................................................................................................................104.1 Orientation Presentations............................................................................................... 104.2 Personal Guidance ........................................................................................................... 105. ACADEMICS AND LEARNING .........................................................................................................11 1 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20165.1 MBA Programs .................................................................................................................. 115.1.1 Professional MBA Program......................................................................................... 115.1.2 Full Time MBA .............................................................................................................. 135.2 Scholarships...................................................................................................................... 155.3 Deferral of studies............................................................................................................ 156. ACADEMIC REGULATIONS..............................................................................................................156.1 Student Academic Regulations ....................................................................................... 157. STUDENT GUIDELINES......................................................................................................................157.1 Fee Payment and Course Registration........................................................................... 157.2 Team Formation ............................................................................................................... 157.3 Class Representatives ...................................................................................................... 168. CAREER SERVICES ............................................................................................................................168.1 Career Services and Counselling .................................................................................... 169. STUDENT RESOURCES.....................................................................................................................169.1 Student Records ............................................................................................................... 169.2 Student Union ................................................................................................................... 1610. STUDENTS AND CAMPUS SERVICES ........................................................................................1610.1 Athletics............................................................................................................................. 1610.2 Security Office................................................................................................................... 1710.3 Computer Services ........................................................................................................... 1710.4 Blackboard........................................................................................................................ 1710.5 Email Account ................................................................................................................... 1710.6 Health Care........................................................................................................................ 1810.7 Student Health Insurance................................................................................................ 1810.8 Housing and Living Expenses.......................................................................................... 18 2 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 201610.9 Student Halls..................................................................................................................... 1810.10 Student Apartments..................................................................................................... 1810.11 Student ID ..................................................................................................................... 1910.12 University Library........................................................................................................ 1910.13 University Buildings .................................................................................................... 1910.14 Lecturers/ Events......................................................................................................... 1910.15 Student Exchange Program......................................................................................... 2010.16 School of Modern Greek .............................................................................................. 2011. INTERNATIONAL STUDENTS..........................................................................................................2011.1 Visa Requirements for students from E.U. countries .................................................. 2011.2 Visa Requirements for students from non-E.U. countries .......................................... 20Where there is a Cyprus Embassy or Consulate in the country: ............................................ 20Where there is no Cyprus Embassy or Consulate in the country: ........................................... 2111.3 Issue of Temporary Residence Permit........................................................................... 2211.4 University of Cyprus Counselling Services .................................................................... 2412. GETTING AROUND ..............................................................................................................................2412.1 Local Information............................................................................................................. 2412.2 Cyprus Driver’s Licence ................................................................................................... 2512.3 Transportation ................................................................................................................. 2512.4 Maps of Campus................................................................................................................ 2512.5 Financial Aid ..................................................................................................................... 2512.6 Student Clubs .................................................................................................................... 25 3 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016Welcome NoteDear MBA Student,On behalf of the School of Economics and Management of the University of Cyprus, wewelcome you to the University of Cyprus MBA. You are now part of a great universitycommunity - one that will enhance your professional development and provide you withthe management tools and skills to become an agile and highly adaptive leader with theability to succeed in a rapidly changing business environment, but also one that willprovide you with many opportunities to explore your interests, challenge yourpreconceptions, and reach your goals.The challenge of living in a new environment, socialising in a new culture, and studyingin a new campus is exhilarating, but even the most adventurous students can use somehelp from time to time. To make your transition into this academic year as successfuland rewarding as possible, we are pleased to provide you with the first edition of theUniversity of Cyprus MBA student handbook. In the University’s vision for scholarship inaction, your graduate years are a time of growth and discovery. This handbook containsessential information which will be of assistance to you throughout your graduatecareer. It aims to provide resources relevant to the academic, extracurricular, and sociallives of students. Every effort has been made to ensure the accuracy of the materialcontained within the University of Cyprus MBA student handbook as of the day ofpublication. However, all policies, procedures, academic schedules, program informationand fees are subject to change at any time by appropriate action by the Councils of theDepartment of Business and Public Administration and the Department of Accountingand Finance. The provisions of this handbook do not constitute a contract between thestudent and the University of Cyprus MBA Program. The information in this handbook isfor use as an academic resource. It is the student’s responsibility to be aware of, andcomply with all regulations, policies, procedures, and deadlines.We hope this academic year will prove to be a productive learning experience for you –one that is conducive to intellectual discovery, brings you to a variety of campus events,involves you in a recognised student organisation or a sports team, leads you to activelyparticipate in community engagement, and perhaps involves you in creative pursuitswith your peers.We wish you all the best for a safe, happy, and productive year!Dr. A. Charitou Dr. G. Hadjinicolas Dr. A. SoteriouMBA Program Director MBA Program Director MBA Program Director 4 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016Academic Calendar for 2015-2016August Tuesday-Thursday, 23-25 AugustPayment and Registration Period Monday, 29 AugustSeptember-October Saturday, 1 OctoberClasses begin Tuesday-Thursday, 18-20 OctoberCyprus Independence Day Monday-Thursday, 24-27 OctoberPayment and Registration PeriodExam Week Friday, 28 OctoberPublic Holiday 24-30 November 2016BannerWeb-Input of grades Monday, 31 OctoberNovember- December Tuesday-Thursday, 13-15 DecemberClasses begin Monday-Wednesday, 19-22 DecemberPayment and Registration Period Friday-Friday, 23 December -6 JanuaryExam WeekWinter Holidays 19 January -25 January 2017BannerWeb-Input of grades Monday, 9 JanuaryJanuary-February Tuesday-Thursday, 21-23 FebruaryClasses beginPayment and Registration Period Monday, 27 FebruaryPublic Holiday Tuesday-Friday, 28-3 MarchExam WeekBannerWeb-Input of grades 31 March-6 April 2017March-April Monday, 6 MarchClasses begin Saturday, 25 MarchPublic HolidayPublic Holiday Saturday, 1 AprilSpring Holidays Monday-Tuesday, 10-18 AprilPayment and Registration Period Tuesday-Thursday, 18-20 AprilPublic HolidayExam Week Monday, 1 MayBannerWeb-Input of grades Tuesday-Friday, 2-5 MayMay-June 2 June-8 June 2017Classes beginPublic Holiday Monday, 8 MayPayment and Registration Period Monday, 5 JuneExam week Tuesday-Thursday, 20-22 JuneBannerWeb-Input of grades Monday-Friday, 26-30 June 28 July-3 August 2017May-AugustApplied Business Project 5 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20161. School of Economics and Management1.1 OverviewThe University of Cyprus was established in 1989 and admitted its first students in1992. The main objectives of the University of Cyprus are twofold: the promotion ofscholarship and education through teaching and research, and the enhancement of thecultural, social and economic development of Cyprus. In this context the Universitybelieves that education must provide more than simply an accumulation of knowledge.It must also encourage students’ active participation in the process of learning andacquisition of those values necessary for responsible and active involvement in thecommunity. The University sets high standards for all branches of scholarship. Researchis promoted and funded in all departments for its contribution to scholarship in generaland for its local and international applications.The School Economics and Management, one of the first Schools of the University ofCyprus, accepted its first students in 1992. The School offers a broad range ofundergraduate, postgraduate, MBA and other degrees. The School of Economics andManagement also provides management education, research, consultancy and formspartnership links with the private and public sectors. It has a wide range of internationalpartners that work closely with students and staff. It comprises the Department ofEconomics, the Department of Business and Public Administration and the Departmentof Accounting and Finance. It also maintains two research units, the Economics ResearchCentre and the Centre for Banking and Financial Research.1.2 The Department of Business and Public AdministrationSince its founding in 1992, the Department of Business and Public Administration hasstrived for excellence in research and teaching. Beyond being the largest, it is one of thediverse departments within the University of Cyprus and has developed a wide networkof collaborations with universities, businesses, governmental and non-governmentalorganizations both in Cyprus and abroad. The Department uses the standards set byleading international business schools and universities to benchmark its progress. At thecenter of its teaching philosophy is the conviction that the knowledge and tools learnedin the classroom must be complemented by critical thinking skills and an appreciationfor the broader ethical and social considerations in organizational decision making.The Department of Business and Public Administration offers three differentundergraduate degrees in Business Administration:  Management  Management Science  MarketingSoon, it will also offer an undergraduate degree in Public Administration. At the master’slevel, the Department offers a Master in Business Administration (ΜΒΑ) and will soonoffer a Master in Management. A new Doctoral program in Business Administrationbegan in September 2014. 6 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20161.3 The Department of Accounting and FinanceThe Department of Accounting and Finance at the University of Cyprus is newlyestablished. However, the areas of Accounting and Financed have been fully functioningsince the inception of the University, with exceptional faculty and academic programs atall levels, under the umbrella of the old Department of Public and BusinessAdministration. The new department is now offering undergraduate degrees inAccounting and in Finance as well as MSc and PhD degrees in Finance with the samehigh quality already recognized both in the local society and business world as well asinternationally.The mission of the Department is to strengthen its international recognition as anoutstanding teaching and research center in the areas of Accounting and Finance and tohave a leading role in the financial and business sectors of Cyprus and the neighboringregion.The Department of Accounting and Finance offers BSc degrees in the followingconcentrations:  Accounting  FinanceThe Department also offers two minors:  Minor in Accounting  Minor in BusinessAt the master’s level, the Department offers a Master in Business Administration (ΜΒΑ),a Master in Finance, a Master in Financial Economics and a Doctoral program.2. The MBA Program2.1 The University of Cyprus MBA AdvantageAn MBA from the University of Cyprus speaks on its own about you. It tells prospectiveemployers, clients and colleagues that you have what it takes to make it through arigorous program of real-world business learning. The UCY MBA says you're excited byinnovation, and you're ready for an entrepreneurial challenge. The UCY MBA is anintegrated, interactive and international program that can be completed in eitherdaytime or evening classes. Its innovative teaching methods and state-of-the-artmethodologies encourage students to creatively solve business problems and deliverindividuals capable of promoting new business paradigms. The University of Cyprus isrecognized as a leader in tertiary education in Cyprus and in the region, fully committedto offering a unique MBA experience for the leaders of tomorrow.2.2 Our MissionWe seek to offer a unique MBA learning experience and establish ourselves as thepremier program in the region, creating leaders with vision in a dynamic globalenvironment. 7 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20162.3 Our PhilosophyIn line with our mission, we are fully committed to offering a unique MBA experience forthe leaders of tomorrow. This will be achieved by bringing together promisingindividuals into a stimulating academic environment that encourages thetransformation of ideas into business realities. A key component of this transformationprocess is our faculty, who bring excellence in both teaching and research with theirbroad experience in leading MBA programs worldwide.Our quest is to develop and sustain a unique academic culture that promotes theexchange of ideas through innovative teaching methods and state-of-the-artmethodologies, and deliver individuals capable of promoting new business paradigms.2.4 Academic GovernanceThe MBA Program is an interdepartmental program managed by the MBA Directors andan academic committee appointed by the Councils of both the Department of Businessand Public Administration (BPA) and the Department of Accounting and Finance (AFN).The academic committee consists of three faculty members of each Department. TheMBA Directors are responsible for executing the strategic direction set by the BPA andAFN Councils.The MBA Directors are responsible for applying the academic and other policies andprocedures of the MBA Program, including any substantive changes to this handbook orstudents’ requests that are not monitored by this handbook.2.5 MBA Administrative TeamThe University of Cyprus MBA Administrative team aims to provide superior servicefrom application through graduation, enabling a positive and fulfilling academicexperience and career. The University of Cyprus MBA Program administrative teamprovides a one-stop service offering student orientation programs, counseling,administration, and career related services.Marketing and Promotion Section:MBA Program Assistant Officer: Sophia AndreouOperations and Admissions Section:MBA Program Assistant Officer: Petros Karydis3. Registration and Tuition3.1 Admission and EnrollmentEach applicant admitted to the MBA Program of the University of Cyprus, receives anofficial admission letter containing all relevant information for course registration, feepayment, electronic user name and password and UCY ID card. 8 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20163.2 RegistrationYou need to refer to your admission letter regarding registration deadlines andprocedures which are completed through the Banner, the University’s electronic system.Course registration must take place prior to the start of each two-monthly term. For alldeadlines please refer to Academic Calendar, page 5 of this handbook. If you are unableto register via the Banner system, please get in touch with the MBA Administrative teamto assist you.3.3 Tuition FeesTuition fees for the MBA Program amount to Euro 10.250. Prior to the beginning of eachtwo-monthly term, payment for course fees corresponding to your course load must becompleted by the deadlines set out in the Academic Calendar.Late tuition fee payments will result in a penalty fee and/or unsuccessful registration forthe course(s). Tuition fees are paid electronically through the JCC system by accessingePayments at www.ucy.ac.cy. If you are required to re-take a course due to gradefailure, course tuition must be paid again. The following are the tuition feescorresponding to courses:  28-hour lecture course: €550  14-hour lecture course: €275  Applied Business Project: €3503.4 Adding/ Dropping a CourseYou can add and/or drop course through the Banner system during the registrationperiod preceding the start of the term and after informing the MBA Administrative team.Moreover:  For 28-hour lecture courses, students can add/drop a course before the completion of 8 lecture hours. After that, a failing grade is assigned. If more than 8 lecture hours are completed in the first and/or second lecture(s), students can add/drop a course by the end of the following business day.  For 14-hour lecture courses, students can add/drop a course before the completion of 4 lecture hours. After that, a failing grade is assigned. If more than 4 lecture hours are completed in the first and/or second lecture(s), students can add/drop a course by the end of the following business day.3.5 Attendance PolicyAttendance of lectures is compulsory for all students. Faculty hand out the attendanceforms to students and return it to the MBA Administrative team.  More than eight (8) hours of unjustified absence imply failure if a course is 3.5 or 4 ECTS.  More than eight (8) hours of justified absence (for medical reasons only) leads to a grade of incomplete for 3.5 or 4 ECTS courses.  More than four (4) hours of unjustified absence imply failure for 2 ECTS courses.  More than four (4) hours of justified absence (for medical reasons only) leads to a grade of incomplete for 2 ECTS courses. 9 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20163.6 Examinations PolicyThe examination schedule is prepared by the MBA Administrative team to ensure thatonly one final examination can be scheduled per day during the examination week. Nodeviations are allowed. Final examinations are held only during the last week of eachterm. All final take-home examinations/projects should be submitted to the relevant faculty member by the last Friday of each term in both print and soft copies accompanied by the relevant signed assignment sheet. According to University of Cyprus rules and regulations, final make-up exams can only take place in exceptional cases (e.g. health reasons) and upon approval of the MBA Directors. Such cases are handled on an individual basis. If a final make-up exam is approved by the MBA Directors, students are assigned a grade of ‘Incomplete’ until the exam is taken. Students must take the final exam within the next 2 terms or else a failing grade will be assigned. The minimum requirements in order for students to receive a passing grade are: a. An overall grade of at least 50% in the course. b. A score of at least 40% in their final exam or project. Students have the right to review their final exam. In the event of a grade dispute, the University of Cyprus rules and regulations need to be followed.3.7 Grading SystemThe grading system is numerical from 0 to 10, in 0.5 increments. The minimum requiredpassing grade is 5.0. Final grade point average is calculated as the weighted average ofthe grades in all the completed courses and their number of ECTS credits. The GradeScale is as follows:8.5 – 10.0 Excellent6.5 – 8.49 Very Good5.0 – 6.49 Good Fail 0 – 4.994. MBA Orientation4.1 Orientation PresentationsEvery year during the first week of September, the MBA Program of the University ofCyprus organizes an orientation session for all new students. The MBA Directors and theAdministrative team take students through the ‘A to Z’ of the MBA Program.4.2 Personal GuidanceThe MBA Directors act as academic advisors to students, counselling them on academicmatters. 10 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20165. Academics and Learning5.1 MBA ProgramsThe MBA Program is based on the European Credit Transfer System (ECTS). The ECTScredits take into consideration the workload for: a) class attendance, b) homework andc) exam preparation. In order to be awarded the MBA title, students must successfullycomplete all the courses stipulated in the MBA Curriculum (at least 90 ECTS) includingthe Applied Business Project. The Master of Business Administration leads to the awardof the title “Magister” (Master of Business Administration, MBA). The award of amaster’s degree in Business Administration, MBA, is approved by the Councils of theDepartment of Business and Public Administration and the Department of Accountingand Finance and ratified by the relevant bodies of the University of Cyprus. 5.1.1 Professional MBA ProgramThis Program is designed to meet the needs of professionals who are currently working.The aim of the Program is to enable participants to become agents of change andimplant new ideas into their organisations and the broader society. The Program beginsevery September.The Professional MBA is a rigorous program whose duration is 2 years. In order tograduate, students must complete a total of 90 European Credit Transfer System units -ECTS units. Courses of 3.5 or 4 ECTS are completed within 28 contact-hours over a two-month period (one term). The program also offers a number of courses of 2 ECTS thatare completed within 14 contact-hours over one term. During the first seven academicterms, participants must complete a total of 53 ECTS units, which constitute the corecurriculum. The core courses introduce students to the body of knowledge of thevarious business disciplines, and provide them with the opportunity to improvebusiness critical thinking. During the last three terms, students must choose courses oftheir choice corresponding to 16 ECTS, from a list available from the Department. Anumber of elective courses are offered in all business disciplines, so that students cancustomise their program according to their own professional needs and personaldevelopment, and further develop their strategic thinking.The Applied Business Project (21 ECTS units) takes place during the last two terms, andenables students to apply the knowledge acquired during the program to anorganisation. The Applied Business Project focuses on a real-life case within a corporateenvironment, and brings together teams of students with sponsor companies. TheApplied Business Project reflects one of the central themes of the program which isteamwork. The complexity of the business environment forces managers to seek theintegration of knowledge through collaboration. For requirements and informationrelated to the Applied Business Project, please refer to the UCY MBA Applied BusinessProject and Layout Guidelines. 11 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016CurriculumTerm Period Code Course ECTS MBA 531 3.51 September- October MBA 561 Business Economics 4 MBA 511 Leading and Managing Organisations 42 November- December Financial Accounting for Management MBA 544 Decisions 3.53 January- February MBA 521 Business Statistics 44 March- April MBA 542 Financial Management5 May- June MBA 551 Managing Operations 3.5 MBA 541 Marketing Management 46 September- October MBA 543 Methods for Management Decisions7 November- December Managing Information Systems 3.5 MBA 522 28 January – February MBA 564 Capital Markets and Investments MBA 512 Strategic Management 49 March- April MBA 562 Managerial Accounting 3.510-11 May- August Corporate Social Responsibility and 3.5 MBA 566 Ethics MBA 563 Leadership 2 MBA 590 Entrepreneurship Applied Business Project 4 MBA 590 Elective Courses 4 Applied Business Project 4 8 Elective Courses 17 Total 8 90 12 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016Elective Courses for the MBA Program ECTS 4 Accounting 2 MBA 513: Financial Analysis and Capital Markets 2 MBA 514: Business Law MBA 515: Taxation 4 4 Finance 4 MBA 523: Options 4 MBA 524: Bank Financial Management 4 MBA 525: International Finance 4 MBA 526: Strategic Capital Budgeting MBA 527: Risk Management 4 MBA 529: Real Estate Investment and Management 4 4 Operations 4 MBA 545: Service Management 4 MBA 546: Supply Chain Management 2 MBA 547: Quality Management MBA 548: E-Commerce 4 MBA 549: Principles of E-Commerce 4 4 Marketing 4 MBA 552: Marketing Research 2 MBA 553: Strategic Marketing 2 MBA 554: International Marketing 2 MBA 555: Marketing Communications MBA 556: New Product Development 4 MBA 557: Sales Management 2 MBA 558: Consumer Behaviour 2 2 Management 2 MBA 565: Human Resource Management 2 MBA 567: Managing Change 2 MBA 568: Negotiations 2 MBA 570: Creativity and Innovation 2 MBA 571: Multi-Cultural Management 2 MBA 576: Managing Diversity MBA 569: Crisis Management 2 MBA 575: Current Issues in Public Administration 2 MBA 573: Emotional Intelligence MBA 578: Energy Business Management Economics MBA 532: European Economy MBA 533: Current Issues in Global Economics and Finance 5.1.2 Full Time MBAThis Program is a one-year full time program geared towards individuals that arecommitted to developing their management skills and decision-making abilities in afast-changing business environment. The duration of the program is twelve months andthe classes begin early September. In order to graduate, students must complete 90European Credit Transfer System units - ECTS units. Courses of 3.5 or 4 ECTS units arecompleted within 28 contact-hours over a two-month period (one term). The programalso offers a number of courses of 2 ECTS units that are completed within 14 contact- 13 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016hours over one term. Courses equivalent to 55 ECTS units constitute the corecurriculum, which introduces students to the fundamentals of the business disciplines.These courses enable students to improve their analytical thinking and decision-makingskills and are offered during the first four terms.Program participants must choose elective courses equivalent το 14 ECTS units from alist of courses available from the Department, which covers all fields of businessadministration. These courses provide students the opportunity to customise theirprogram according to their professional needs and interests. The elective courses areoffered during terms four and five.The Applied Business Project (21 ECTS units) takes place during the last two terms, andenables students to apply the knowledge acquired during the program to anorganisation. The Applied Business Project focuses on a real-life case within a corporateenvironment, and brings together teams of students with sponsor companies. TheApplied Business Project reflects one of the central themes of the program which isteamwork. The complexity of the business environment forces managers to seek theintegration of knowledge through collaboration. For requirements and informationrelated to the Applied Business Project, please refer to the UCY MBA Applied BusinessProject and Layout Guidelines.Curriculum Code Course ECTS MBA 551Term Period MBA 531 Marketing Management 41 September - October MBA 574 Business Economics 3.5 MBA 561 Principles of Business Communication2 November - Leading and Managing Organisations 2 December MBA 562 4 MBA 566 Corporate Social Responsibility and 2 MBA 544 Ethics MBA 511 Leadership 4 Business Statistics 3.5 Financial Accounting for Management Decisions 43 January - February MΒA 512 Managerial Accounting 3.5 Entrepreneurship 4 ΜΒΑ 563 Financial Management 4 MBA 5214 March - April ΜΒΑ 542 Managing Operations 3.5 MBA 564 Strategic Management 3.5 MBA 541 Methods for Management Decisions 3.5 Elective Courses5-6 May - August MBA 522 6 MBA 543 Capital Markets and Investments MBA 591 Managing Information Systems 4 Applied Business Project 2 Elective courses 21 8 Total 90For elective courses please see page 13. 14 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20165.2 ScholarshipsBeing a non-profit organization, the MBA Program offers a number of scholarships toworking professionals from all sectors of the economy based on academic criteria. Full-time students are also eligible for upon-entry scholarships based on academic criteria.Every year, financial assistance is offered to a number of students who demonstratefinancial need by submitting an Application form to the MBA Administrative team alongwith all required documents. Applicants must be registered students, carry a full loadand demonstrate financial need and academic excellence.5.3 Deferral of studiesIn exceptional cases students may request a deferral of studies. According to Universityof Cyprus rules, a deferral cannot exceed two full terms. Students who wish to postponetheir studies must submit a written request together with all required documentation tothe MBA Directors who will forward it to the BPA and AFN Councils for a decision. TheMBA Directors inform the student of the BPA and AFN Councils' decision which issimultaneously announced to the Academic Affairs and Student Welfare Department ofthe University of Cyprus.6. Academic Regulations6.1 Student Academic RegulationsMBA students are subject to the regulations of student government under the UCY MBAHonour Code and the University of Cyprus Campus Code. Students may becomeineligible to continue studies at the MBA Program of the University of Cyprus for studentcode violations. Instances of suspected plagiarism, cheating on examinations, or otherviolations of the Honour Code or the University of Cyprus Campus Code should bereported to the academic governance of the MBA Program. Please refer to the UCY MBAHonour Code for additional information.7. Student Guidelines7.1 Fee Payment and Course RegistrationStudents can register for courses and pay the fees electronically by accessing ePaymentsand logging in using their UCY username and password. Students are requested toensure that all payments are made within the deadlines listed on the AcademicCalendar. Failure to complete fee payments in a timely manner could result in late feepenalties of €50 per course.7.2 Team FormationStudents must work in teams for several assignments. Teams must conform to thefollowing criteria:  Each team should consist of 3-5 members;  More than 50% of the team members must have worked in different sectors and have diverse fields of study. 15 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 20167.3 Class RepresentativesIn September each year, you have the opportunity to elect your class representatives(reps). Class reps represent the MBA students in various activities and serve as a liaisonbetween the students, the MBA Directors, faculty and administration. Three class repscan be elected from each MBA Program who can be re-elected every 3 terms.8. Career Services8.1 Career Services and CounsellingThe professional development of its graduates is of paramount importance to theUniversity of Cyprus MBA Program. This includes delivering experienced advice andguidelines on a number of issues such as alternative career paths (locally andinternationally), networking, job search and employment market trends, CVdevelopment, etc. Since its inception in 2009, the Career Services Office of the Programhas been working on nurturing relationships with employers from multinational andlocal organizations for MBA graduate placement opportunities and practitioner input inrelevant MBA courses. A few of the larger companies in Cyprus have been recruiting theProgram’s best graduates for the last 6 years. Other companies post their employmentvacancies though our Career Services Office. Employers market their vacancies directlyto our students and alumni, hold a recruiting event on campus, interview students oncampus and in general present their company to students. In cooperation with thecentral career services resources of the University we organize career fairs, postvacancies and assist students with their job search strategies (CV building and interviewprep seminars).9. Student Resources9.1 Student RecordsThe Academic Affairs and Student Welfare Services issues transcripts and certificatesand are in charge of sending all certificates to students during their study at theUniversity of Cyprus.9.2 Student UnionThe Student Union of the University of Cyprus was founded in 1993. Its highest body isthe General Assembly and its executive body is the Administrative Council, which has 21members elected annually by the members. Every student becomes a member of theStudent Union upon registration. The Student Union is represented in all GoverningBodies (Council, Senate, Departmental and Faculty Boards). It has a record of rich andvaried activity.10. Students and Campus services10.1 AthleticsThe University of Cyprus strongly believes in the importance of physical fitness. TheAthletics Office adheres to the adage, “sound mind, sound body”, and therefore offers a 16 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016wide variety of sports and physical activities from which students can choose those bestsuited to their individual needs.There are five main categories of sport activities:  Internal Championships  Competitive Sports  Recreation Sports  Sports and Social Contribution  EventsFor more information and to obtain the timetable for the current academic year, pleasecontact the Athletics Office at 22894182. In addition, the MBA Program organizesseveral tennis and football tournaments each year between students, alumni and faculty.The Marketing and Promotion section of the Program sends out details for suchtournaments by email to all MBA students, alumni and faculty.10.2 Security OfficeIn the event of an emergency, students can contact the 24-hour Security Guard at theSchool of Economics and Management at 97658722.10.3 Computer ServicesThe Information System Services provide computing facilities to the entire University,including hardware, networking, printing and central software such as electronic mailand office applications. The Information System Services (or Computer Center) monitorsand evaluates all computer facilities, introduces new technologies, and maintains insecure and good working order all information technology services and systems. It hasestablished an advanced high-speed data network and a wireless network on the maincampus.10.4 BlackboardThe Blackboard Learning System Campus Edition is a powerful tool available to allfaculty and students of the University of Cyprus which helps create an online learningenvironment to closely mirror a classroom. Blackboard is a platform for sharing notes,uploading class material, viewing statistics and serves as a tool for discussion whichfacilitates cooperative learning.10.5 Email AccountThe System and Applications Management Sector (SAMS) is responsible for theprovision and support of the main information infrastructure of the University of Cyprusthrough the study, introduction and application of new technologies. The major servicesoffered to the students by SAMS are:  E-mail  Issue of usernames and passwords (for access to laboratories, e-mail, Banner class registration system, Blackboard software, VPN remote connection service and others). 17 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016To obtain your credentials please visit the following website or contact the MBAAdministrative team.(https://iam.ucy.ac.cy/iam/im/public/ui7/index.jsp?task.tag=SelfRegistrationUCY)You are required to frequently check your UCY email account (not your personal email)as all future information regarding the Program will be sent there.10.6 Health CareThe University Health Centre, operating at the University’s central building, offers firstaid, provides advice on health issues, and also organises prevention and blood donationcampaigns and refers students to public hospitals. (More information about the servicesavailable can be obtained from the Academic Affairs and Student Welfare Service at22894021). The student health services are available to all students during the academicyear from 9am to 5pm. In case of emergency please contact the nurse at 22895270 or22895280 .10.7 Student Health InsuranceAll EU/EEA country students must have the European Health Insurance Card in order tobe able to receive free medical and pharmaceutical care at all public hospitals in Cyprus.Non–E.U. students, as well as E.U. students not in possession of the above card, mustobtain private medical insurance for in-hospital and outpatient medical treatment inCyprus.10.8 Housing and Living ExpensesThe Housing Office of the Service of Academic Affairs and Student Welfare manages theStudent Halls of the University, as well as a number of student-apartments in the privatesector. The University of Cyprus provides on-campus self-catering accommodation to alimited number of postgraduate students. Information on rents, criteria and applicationprocedures is available through the Housing Office at 22894045. The Housing Officealso provides assistance in finding off-campus accommodation. Apartments areavailable for rent near the University campus, as well as throughout the city of Nicosia.The rent for a two-bedroom apartment is between €425-500 per month, whereas therent for a three-bedroom apartment ranges between €500-600. Several cafes andrestaurants are available on campus with subsidised prices for students. Many smallprivate restaurants are located near the University campus. Living expenses areestimated at between €680-850 per month, including rent. Please contact the MBAAdministrative team for more information on housing.10.9 Student HallsThe Student Halls are located in the new campus, in the Athalassa area. These compriseof 208 single study / bedrooms with common kitchen and / or bathroom facilities. TheStudent Halls complex contains a Social Activity Center, a Post-Office, Laundry Roomand a Residents´ Information Centre.10.10 Student ApartmentsStudent apartments are located within walking distance of the old University campus(Kallipoleos avenue). Each apartment consists of 1-3 single study / bedrooms andcommon kitchen, living room and bathroom areas. Currently, the University rents 26apartments with a total of 67 single study bedrooms. 18 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 201610.11 Student IDAll members of the University of Cyprus (students, faculty, researchers and staff)are issued with a UCY ID card, which permits them to use the library facilities andcomputer services. In case you lose your student card please advise immediately bysending an electronic message to [email protected] also copying (Cc) the ExpressServices Office [email protected] informing them about the loss of your card includingfull personal details (name, department, identity card and phone number). The amountof €10 must be paid for the re issuance of a new card. Please go to the Financial ServicesDepartment, Anastasios Leventis Building, Office 317. Please send your proof ofpayment (either in electronic form to [email protected] or deliver the proof of paymentby hand to the Express Services Office) in order to submit a new electronic applicationfor the issuance of your card.10.12 University LibraryThe Library's mission is to serve the learning and information needs of the academiccommunity (undergraduate and graduate students, academic staff, researchers andadministrative staff), while maintaining within its scope the provision of informationservices to the broader scientific community of the country. The Library has more than267.289 books, with an annual increase of approximately 12.000 new titles. Importantcollections among the Library holdings include the Cyprus Studies Collection,Archaeological Collection and Turkish Studies Collection.The majority of books are already catalogued and can be retrieved from the LibraryCatalogue (ADVANCE/GEAC) from all connected computers within the Universitynetwork, as well as from anywhere through the Library web-based online public accesscatalogue (WebOpac). In the last years the University of Cyprus Library has becomepractically fully electronic (function-wise) and hybrid (content-wise), since itscollections include printed, digital and audiovisual material. Furthermore, the Library iscapable of producing material in Braille format for visually impaired users.10.13 University BuildingsThe University boasts a brand new campus with modern facilities, located on theoutskirts of east Nicosia. According to the Master Plan, it will consist of four basic zones:public buildings, academic buildings, green and sports facilities, and student residences.Upon completion, the University Campus will be able to accommodate a total of 10,000students.The University is currently housed in the recently built facilities at the new UniversityCampus, the Main Buildings of the former Pedagogical Academy of Cyprus, as well as acluster of buildings at Latsia. In addition to the main buildings, the University owns orrents other buildings in the same area to cover its housing needs until the completion ofthe permanent campus.10.14 Lecturers/ EventsAll departments of the University organize public lectures and other events focused onissues of scholarly, scientific and wider interest. In addition, the University organizeslectures, cultural events, exhibitions, concerts and other activities open to the general 19 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016public. Our institution cooperates with many cultural organizations, local authorities,and others to promote culture, both for the benefit of the academic community andstudents, as well as for society at large.10.15 Student Exchange ProgramThe University of Cyprus participates in the EU-sponsored LLP/ERASMUS Programs,which provide for the exchange of students with European universities. Within theframework of Bilateral Agreements of Cooperation, students have the opportunity tostudy abroad at collaborating universities. Exchanges depend upon the mutualrecognition of the educational study programs by the host and sending universities. Thisis achieved through the implementation of the rules set by the European Credit Transferand Accumulation System (ECTS).10.16 School of Modern GreekThe School of Modern Greek was founded in 1998 and is currently under the Faculty ofLetters. The Department of Byzantine and Modern Greek Studies is responsible for thestructure and contents of all School programs. The School aims to teach the Greeklanguage to non-native speakers, nationals and foreigners, as well as to those who wishto perfect their knowledge of Greek. All MBA students who are not native Greekspeakers can benefit from these lessons which are provided free of charge. For moreinformation and applications, please contact the Greek Language School [email protected] or at +357 22 892028.11. International Students11.1 Visa Requirements for students from E.U. countriesVisas are not required for European Union (E.U.) students.11.2 Visa Requirements for students from non-E.U. countriesWhere there is a Cyprus Embassy or Consulate in the country:Those students will obtain their visa from the Cyprus Embassy or Consulate in theircountry. However, to be able to do so they are required first to submit at the Universityof Cyprus the following documents (two copies each). It is to be noted that the CivilRegistry and Migration Department of Cyprus will submit the documents of eachindividual to the Cyprus Embassy or Consulate:  Certified copy of a valid passport or other travel document to cover: o At least its intended course of study or o At least two years.  Duly certified copies of academic qualifications.  Duly certified copy of good conduct letter from the police authorities in their country with an official translation into English or Greek. This letter is considered valid for six month period.  Duly certified copies of medical certificates attesting to good health, and including blood tests (hepatitis B, C, HIV and syphilis) and Chest X-Ray (Tuberculosis). Medical examinations are considered valid for a four-month period. 20 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016  Acceptance letter from the University of Cyprus, with full description of his/her program and its duration.  Documented proof from a bank in their country that first-semester tuition fees have been transferred through Western Union/ Money Gram or by swift transfer (this is not required when the foreigner is granted a full scholarship).  Documented proof from a bank in their country that the student can afford to pay his/her living expenses in Cyprus, tuition fees and repatriation expenses or documented proof for granting a scholarship from an institution in their country.  4 passport size photographs.  €85,43 visa fees.The above documents are requested to be duly certified and will be certified by theEmbassy/Consulate of Cyprus. The Cypriot Embassy or Consulate in their country willcontact the individuals and invite them for an interview. At the time of the interviewthey need to present the original documents of all the above. If the entry visa is grantedto the individual, the Consulate will stamp his/her documents and will return them backto him/her. The students who are successful in obtaining a Visa have to present thestamped documents as they were presented during the interview at theEmbassy/Consulate, at the point of entry at Larnaka airport in Cyprus.Where there is no Cyprus Embassy or Consulate in the country:If there is neither an embassy nor a consulate in the student’s country of origin, he/sheshould contact the University of Cyprus, which will handle all required paperwork forthe issuance of a student visa and forward a copy of the visa to the student. In this casethe documents listed below must reach the University at least two months prior to thebeginning of classes. Otherwise the University cannot guarantee the issuance of studentvisa and therefore entry into Cyprus.  Certified copy of a valid passport or other travel document to cover: o At least its intended course of study or o At least two years,  Duly certified copies of academic qualifications.  An original good conduct letter from the police authorities in their country with an official translation into English or Greek. This letter is considered valid for six month period.  Original medical certificates attesting to good health, and including blood tests (hepatitis B, C, HIV and syphilis) and Chest X-Ray (Tuberculosis). Medical examinations are considered valid for a four-month period.  Acceptance letter from the University of Cyprus, with full description of his/her program and its duration.  Documented proof from a bank in their country that first-semester tuition fees have been transferred through Western Union/ Money Gram or by swift transfer (this is not required when the foreigner is granted a full scholarship).  Documented proof from a bank in their country that the student can afford to pay his/her living expenses in Cyprus, tuition fees and repatriation expenses or documented proof for granting a scholarship from an institution in their country. 21 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016 4 passport size photographs. €85,43 visa fees.11.3 Issue of Temporary Residence PermitNon – EU NationalsAll foreign students coming from countries outside the EU, within ten (10) days from theday of their arrival in Cyprus must complete the form M 61B which is available at theOffice of Postgraduate Studies or on the website www.mfa.gov.cy and submit it to thePopulation Registration and Immigration Department with the following documents:  Certified copy of a valid passport or other travel document to cover at least the intended course of study or at least two years,  Documentary proof of medical insurance.  Medical certificates attesting to good health, and including blood tests and Chest X-Ray.  Documented proof from a bank in the Republic of Cyprus that the student has deposited a satisfactory amount of currency to cover his/her living expenses and tuition fees for the period of the requested residence permit.  Personal bank guarantee to cover repatriation expenses.  Fees of €34,17.EU NationalsStudents who are EU nationals must contact the Registration Population andImmigration Department of the Republic of Cyprus for the issuance or renewal ofTemporary Residence Permit in Cyprus.All nationals of an E.U. member state within three months from the day of their arrival inCyprus must complete the form MEU1A (available at the Office of Postgraduate Studiesor on the website www.mfa.gov.cy) and submit it to the Population Registration andImmigration Department along with the following documents:  A valid passport or identity card and a photocopy of it.  A registration letter from the University of Cyprus.  A solemn declaration by the student or any other proof that he/she has sufficient resources to support himself/herself and family.  A certificate that the student is covered by a comprehensive private health insurance within Cyprus, unless they are holders of the European Medical Card E111.  Two recent photographs.  Accompanying dependents of students are required to produce the following documents:  A valid passport or identity card and photocopy of it, with which they entered Cyprus.  A marriage certificate or certified copy. 22 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016  Two recent photographs for each person.Attestation process of documentsStudents are required to attest the following documents by the appropriate/relevantauthorities in their home country:  academic documents  police clearance certificate  passportThe attestation process differs between countries that have signed the HagueConvention, 1961 (Apostille) and those who have not. Attested documents must be inEnglish; in cases where translations are necessary, these must be done by an approvedtranslator and attested by the relevant authorities in home country.Students must have their documents attested by the designated, competent governmentauthority which is authorized to affix the Apostille on their documents. The Ministry ofJustice or Ministry of Foreign Affairs is usually the government body that issues theApostille.Students applying from Countries that have not signed the Hague Convention1961 (Apostille) but have a Cyprus Representation in their Home Country: i.e.Pakistan, Nepal, Cameroon, Nigeria, and BangladeshStudents must have their documents attested by the Ministry of Foreign Affairs in theirhome country or by the Cyprus Embassy, High Commission or Consulate in their homecountry or neighboring country (if there is no Cypriot embassy in their home country).Students applying from ChinaBased on bilateral agreements between Cyprus and China, students must have theirdocuments attested by the Ministry of Justice in China. There is no need for thedocuments to be further attested by the Cyprus Embassy.Students applying from Russia and SerbiaBased on bilateral agreements between Cyprus, Russian and Serbian students areexempted from the above procedures, provided all their documents are officially signedand stamped by the issuing authority.Documents (i.e. health and bank certificates) must be certified as follows:  Health Certificate: must be certified by the Ministry of Health and the Ministry of Foreign Affairs of the issuing country and then by the Cyprus Embassy, High Commission or Consulate in the applicant’s home country. The health certificate may also be certified by a Notary Public, whose signature must be certified by the relevant authority in home country and then by the Ministry of Foreign Affairs of that country and then by the Cyprus Embassy, High Commission or Consulate of the country of origin of the student or in a neighboring country (if there is no Cypriot embassy in the country of origin). 23 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 2016  Bank Certificate: must be certified by a Notary Public, whose signature must be certified by the relevant authority in home country and then the whole document must be certified by the Ministry of Foreign Affairs of that country and then by the Cyprus Embassy, High Commission or Consulate of the country of origin of the student or in a neighboring country (if there is no Cypriot embassy in the country of origin).For documents which are not certified by the Ministries of Foreign Affairs in thecountries of origin the following shall apply:  Health Certificate: must be certified by an officer of the Ministry of Health and validated by the Cyprus Embassy, High Commission or Consulate of the country of origin of the student or in a neighboring country (if there is no Cypriot embassy in the country of origin).  Bank Certificate: must be certified by an officer of the Ministry of Health and validated by the Cyprus Embassy, High Commission or Consulate of the country of origin of the student or in a neighboring country (if there is no Cypriot embassy in the country of origin).  Passports of Pakistan and Egypt: the student must submit his/her passport and copies of documents to the Cyprus Embassy, High Commission or Consulate of the country of origin of the student or in a neighboring country (if there is no Cypriot embassy in the country of origin). The documents will be certified by the abovementioned authority.11.4 University of Cyprus Counselling ServicesThe University provides counselling services for personal and/or academic issues.Through counselling and psychotherapy, the Counselling Office assists students with arange of issues like stress and anxiety, time management, relationship difficulties,confusion, loneliness, etc. The services are free of charge and confidential. Throughoutthe academic year, there will be a number of presentations and workshops offeredbased on the students’ needs. The primary goal of this service is to help students in theirpersonal development and to maximise their educational experience.12. Getting Around12.1 Local InformationNicosia, with a population of more than 336,000, is the capital of Cyprus and its largestcity. Although Nicosia is a modern city with high-rises, shopping centers, theatres andrestaurants, it has retained its historical character in the preserved and renovated \"OldCity\" center, located within the Venetian walls. These city walls, which separate the oldtown from the new, testify to Cyprus’s long history of domination by foreign rulers. Theceasefire line (also known as the “Green Line”) alerts visitors to Nicosia’s status as thelast divided capital in Europe. Despite that, Nicosia is a modern commercial center, witha rich cultural, social and athletic life. A selection of theatres, cinemas, night clubs,restaurants and athletic centers enrich the visitor’s stay. Nicosia is the administrative,cultural and educational center of the country. 24 ____________________________________ The University of Cyprus MBA Student Handbook

Revised on August 2, 201612.2 Cyprus Driver’s LicenceOnly Cyprus residents who can prove they have lived in the country for six months canapply for a Cyprus Driving license. To obtain a license, application has to be made inperson at the Department of Transportation. If you are an EU national who is resident inCyprus, you can continue to drive on your domestic license until it expires. If you areresident in Cyprus and from outside the EU there are also some countries which have anagreement to exchange existing full domestic licenses.12.3 TransportationPublic transport in Cyprus is limited. There is no train service available. There are inter-urban public bus services connecting major towns, urban buses which run within largertowns and tourist centers, and rural buses connecting smaller villages to their nearesttowns. Shared and private taxi services provide an alternative method of transport withthe options being island-wide bus services, urban buses, rural buses, intercity taxis,urban taxis and rural taxis. Information on schedules and fares is available onhttp://www.nicosiabuses.com.cy12.4 Maps of CampusUniversity maps can be found on the University of Cyprus website(http://ucyweb.ucy.ac.cy/en/maps). The maps enable you to locate each Department,Faculty or Service of the University of Cyprus.12.5 Financial AidThe Social Support Office of the Academic Affairs and Student Welfare Service providesguidance on financial issues for undergraduate students. MBA Students withdemonstrated financial need may be subsidized financially by the MBA Program or by itsexternal contributions and donations from sponsor companies (See section 5.2Scholarships). The University of Cyprus may subsidies a postgraduate student whoworks as an assistant in his/her department or other departments or faculties.Assistantships may involve assisting in teaching, tutorials, help with assignments, labsupervision, grading, etc. Monthly earnings can amount to €341 or €683 for a maximumperiod of ten months. Students employed as postgraduate assistants at the University ofCyprus are fully exempted from tuition fees.12.6 Student ClubsThere are twenty–one Student Clubs at the University of Cyprus, involved ineducational, cultural, and artistic and entertainment activities. Approved Student Clubsare funded by the University. The “Club Evening” is a yearly event where students canlearn about the activities of the various clubs, and where they can also register for theclubs of their preference. 25 ____________________________________ The University of Cyprus MBA Student Handbook

MBA ProgramSchool of Economics and ManagementUniversity of CyprusP.O.Box 20537Nicosia 1678CyprusEmail: [email protected]: +357 22 893600Fax: +357 22 895020www.mba.ucy.ac.cy