Business Administration – (MBA)

The MBA program was developed originally in the United States and soon afterwards was introduced in the U.K. It is currently expanding rapidly in continental Europe and the rest of the world. With the growing internationalization of the world economy, an increasing number of companies and organisations require top managers with an MBA Degree. The term ‘Business Administration’ covers not only business administration per se, but also a variety of subjects, all of which are of vital importance to managers in business and the public sector.

The Cyprus Institute of Marketing MBA program is action-oriented and is designed to accelerate the managerial and leadership development process. With an MBA your knowledge of management skills and operating techniques will be developed. Management in both the private and public sectors requires the highest level of relevant training as well as vision, analytical skills and the ability to implement far-reaching decisions. The MBA program stimulates students to look beyond the narrow boundaries and horizons for higher-level career planning, and has been ranked 16th in Europe according to FindyourMBA.com.

The MBA is designed for practising managers with previous relevant education, training and work experience who are required to make a major contribution to the policy of their organisations. The particular aim of the program is to enable managers to operate at a strategic level and to manage their organisations effectively in the complex and uncertain business environment of today. Close links have been established with industry, commerce and the public sector all of whom have contributed to the development and design of the program.

Aims:

• Enable students to gain a broad understanding of the Managerial techniques regarding decision-making;
• Provide a global view of organisations and their environment so as to enable students to face the challenges of the 21st Century;
• Underline the importance and significance of the increased managerial effectiveness and competence, and understand the various strategic approaches;
• Enrich students’ development and managerial prospects by encouraging learning through their own past experience and their current and future needs and the needs of their market and society.

At the end of the program students will be able to:

• Comprehend and appreciate the concepts and theories of Management and see to what extent these theories are applicable in the real and changing world;
• Understand and evaluate the objectives and importance of formulating strategies in a local and global context;
• Be able to diagnose and analyse intricate situations and deal with unforeseen exogenous factors affecting the internal environment of their organisation;
• Deal effectively with the human deficiencies and be able to tackle human friction and lead their teams through tough decisions and times;
• Face the challenges of career requirements more confidently and increase their advancement prospects for acquiring a senior managerial position;