This module introduces the field of accounting and the use of accounting information as a basis for business decisions. It provides you with a better understanding of the environment in which accounting information is developed and used. More emphasis is placed on interpretation and use as opposed to the preparation of accounting information. Topics in analysing source documents, recording business transactions in a journal, and posting entries in a ledger. Furthermore, the module looks into how to prepare a trial balance, gather adjustment data, and complete a worksheet are covered, as well as how to prepare financial statements and post-closing entries.

This module is designed to assist you in obtaining an understanding of the nature of cost accounting, and the flow of costs in an accounting system. You will learn how managerial accounting is used as a basis of decision-making while the module will enable you to attain solid knowledge on how managerial accounting assists in controlling, planning, and performance evaluation.

The aim of this module is to provide you with a basic knowledge of the role of financial markets in a modern economy, the functions of financial intermediaries such as banks, brokers, and mutual funds, and the characteristics of the financial instruments traded in these markets. You will learn how financial markets operate and consider the economic principles that underlie the operations of these markets and the history, regulatory framework, and risks of the financial system.

Management refers to the organization and coordination of work to produce a desired result. A manager is a person who practices management by working with and through people in order to accomplish his or her organization’s goals. When you think of the term manager you may be imagining your supervisor as he or she hires and terminates employees and makes major decisions above your authority. However, although you may not view yourself in this way, you yourself may also be a manager. In fact, many of us practice management skills in the workplace every day. You may have a team of employees that you manage, or lead a project that requires management strategy or demonstrate leadership qualities among your peers. These are all scenarios that require you to apply the principles of management. In this course, you will learn to recognize the characteristics of proper management by identifying what successful managers do and how they do it. Understanding how managers work is just as beneficial for the subordinate employee as it is for the manager. This course is designed to teach you the fundamentals of management as they are practiced today.

The purpose of this module is to introduce you to the basic principles of macroeconomics and microeconomics so that you can understand economic events and the behaviour of the various economic agents involved, analyse their impact on markets, and propose appropriate courses of action at the company level. To do this, you should be able to utilise the tools of economic analysis to perform company and industry competitive analysis and should understand and be conversant with the various economic indicators used.

The module is split between the study of microeconomics, which focuses on the decision-making of individual consumers and firms, and macroeconomics with focuses on aggregate-level economic questions such as interest rates, and government spending, among others. In this module, we will develop economic tools to analyse and evaluate public policies, poverty and welfare questions, and other applied topics.

The aims of the module are to comprehend the objectives, functions, regulatory frameworks, and practices of financial reporting and to learn and apply the relevant techniques and methods in the preparation and presentation of financial accounting reports in accordance with prescribed regulations. Also, participants will attain knowledge of the theories, techniques, and methods of financial statement analysis in order to assess the financial performance and position of business entities.

The aim of this module is to enhance your understanding of cost accounting in relation to its systems and analysis of its data to assist you in your future careers to meet your duties and responsibilities. It would cover cost management topics to ensure full comprehension of basic concepts such as cost accounting systems, cost management systems, profit management systems, and investment management systems. These concepts will provide an in-depth understanding of the array of timely and relevant information provided by management accounting necessary for the survival and success of organizations in today’s dynamic environment.

The module aims at giving you an overall understanding of the business environment. It covers areas such as business trends, global environments, business’ diversity, small businesses, business management, and marketing and managing financial resources for businesses. Also, the module will examine the purpose and types of businesses that exist and the rights and responsibilities of the key stakeholders, as well as provide an understanding of the importance of professional ethics and ethical management within the finance function.

The aim of this module is to provide you with a good understanding of the theory of asset pricing in capital markets. This module forms the basis on which more specialised financial courses are based and is therefore rather quantitative as many of the important problems of the module must be backed by theoretical and mathematical methods.  The module is divided into three major parts dealing with the valuation of fixed-income securities in part one, the valuation of equities in part two and the valuation of derivatives in part three.

This module is meant to provide a general introduction to the legal environment that affects individuals, businesses, and business transactions. It also provides a general introduction to the Cyprus legal system.

The aim of the module is to provide you with an understanding of legal history, legal institutions, and the most important principles and rules of the court procedure and evidence as well as the general principles of the law of contract which are relevant to business and professional modules.