Banking, Accounting, and Finance (TLX) & (TLXΒ) (Joint PSP with the University of Nicosia)

HOU > Banking, Accounting, and Finance (TLX) & (TLXΒ) (Joint PSP with the University of Nicosia)

Purpose - Description

Learning Outcomes

Admission requirements

Structure

Teaching Staff

Financial Contribution

Contact

The aim of the program is to develop the culture and skills needed, so that its graduates become leading executives in the financial sector. This is achieved by offering a very wide-ranging theoretical and practical “arsenal” of banking, accounting and financial literacy, as well as the development of strategic thinking and critical spirit skills. The achievement of the intended objective will result in a new generation of managers being created, capable of analysing corporate challenges and opportunities and at the same time shaping and implementing innovative and effective business policies and strategies in an ever-changing environment.

This curriculum follows the methodology of distance learning and is designed for managers, who aspire to acquire all the required banking, accounting and financial knowledge and skills; for future professional development and success. The participants in this programme will be executives, who seek to accelerate the evolution of their current job, executives looking to change jobs or business in which they are employed and people who wish to acquire the appropriate financial tools to implement their business plans.

QUALITY POLICY *
QUALITY INDICATORS 2025 *

*The above files are currently available in Greek.

Upon completion of the Master’s degree in Banking, Accounting and Finance, the students are expected to:

Understand the role of managing human resources in the banking institutions.
Know the role and purpose of the financial system, and in particular banks in the economy.
Understand the key risks of financial institutions and how they are managed.
Understand the importance of the banking regulatory framework.
Assess a company’s investment plans both in terms of certainty and uncertainty,
Calculate the cost and risk of an investment and its net cash flow
Understand and calculate a business’s optimal investment point.
Understand the link between risk and yield, and value bonds and shares, as well as the use of derivatives to hedge. Also, assess the average capital cost of a business and analyse the advantages and disadvantages of the capital structure of enterprises.
Understand the importance of a business’s cash flow, the goal of maximizing the value of the business and the problems of representation.
Understand the profit distribution policies, as well as their connection to the life cycle of the business, as well as to understand the rules governing short-term financing and management of the capital of a business.
Understand the basic principles and role of financial accounting in entities.
Evaluate the financial statements of economic entities and analyse the advantages and disadvantages of each entity.
Understand the accounting function of economic entities with regard to the assets, stocks, claims, liabilities and accounts of the entity.
Understand the importance of an entity’s financial analysis methods.
Apply the basic accounting practices for Homorhythms, Heterogeneous and Public Limited Companies as well as to evaluate and apply basic IAS (International Accounting Standards).
Critically assess the importance and role of Management and Financial Accounting.

Curriculum Academic Credits (ECTS): 120
The minimum duration of studies is 2 academic terms.

UNESCO ISCED-2011 Classification

– According to field of education: 34 Business Administration
– According to education level: 7

UNESCO ISCED-2013 Classification

– According to field of education: 0412 – Finance, banking and insurance

Applicants to the Master “Banking, Accounting and Finance” Joint Degree with the University of Nicosia course must possess an undergraduate degree from Greek Public Universities and Technological Educational Institutes of Greece or Cyprus or an equivalent degree from educational Institutes of other countries. In order to attend this course, candidates, in addition to the language of instruction, must have English language competency at least B2 level which can be proved either by submitting the relevant certificate or a self-declaration.

Note:

Holders of a degree or diploma of higher education means graduates of Greek Universities or Polytechnics or Higher School of Fine Arts or Higher School of Pedagogical and Technological Education or Higher Technological Educational Institutions (ATEI) or those who hold academically equivalent first cycle degrees from recognized foreign educational institutions with the degrees awarded by the Greek Higher Educational Institutions, in accordance with the provisions of article 304 of Law No. 4957/2022 (Government Gazette 141/21.07.2022, vol.)

Marking:

For the evaluation of the application to the Postgraduate Studies Programme, it will be examined whether the candidate’s institution of study is or may be included in the National Register of Recognised Higher Education Institutions of Foreign Countries and whether the candidate’s degree is or may be included in the National Register of Types of Degrees of Recognised Institutions of Foreign Countries.

The Hellenic Open University, if the degree is included in the list of article 307 of Law No. 4957/2022, must request a “Certificate of Place of Study”, which is issued and sent by the foreign university. If the place of study or part of the studies is confirmed as the Greek territory, the degree is not recognized, unless the part of the studies that took place in the Greek territory is in a public higher education institution or in a recognized foreign educational institution within the meaning of paragraph b) of article 299 of Law No. 4957/2022.

It is clarified that holders of a first degree of Higher Education are accepted in the Postgraduate Program.

1st Academic Term

2nd Academic Term

Note:
C¹: Compulsory

Guidelines on Module selection

Students may select from one to three Modules per academic year.

Students must select Modules in the following order: TLX51B, TLX53, TLX52B, TLX54, and lastly their Postgraduate Dissertation.

Students in the first academic term who select only one Module must select TLX51B, students who select two must select TLX51B and TLX53, and students who select three may also select TLX52B.

Students in the second academic term may select TLX54 concurrently with the preparation of their Postgraduate Dissertation. Students may only present and defend their Postgraduate Dissertation after successfully completing all the Modules of the Programme.

When selecting Modules, students must first pass all the available Modules that belong to the previous term and then select Modules belonging to the next term.

To obtain the postgraduate specialization diploma, students must successfully attend and pass the four Modules and prepare, present, and defend their Postgraduate Dissertation.

Note that, in order to complete the Programme in two academic years, students must successfully complete three Modules in first year and the final Module in second year, concurrently with the preparation of their Postgraduate Dissertation.

DIRECTOR OF PROGRAMME OF STUDIES

Lois Petros, Professor
Subject: Accounting, Finance

e-mail: lois.p@unic.ac.cy