MBA in Cyprus
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Several students from around the world have been attracted to pursuing an MBA degree from an international university. Out of all the famous countries for providing a great MBA career, Cyprus is one of them. Cyprus is one of the largest islands in the Mediterranean. From good food to excellent beaches to quality education, it is popular for a myriad of things that are impossible to ignore. Cyprus can be an interesting place to study MBA for international aspirants. MBA in Cyprus ensures a bright future. There are nearly 25,000 students studying in Cyprus, out of which one-third of students are constituted by foreigners. Pursuing an MBA in Cyprus provides boundless employment opportunities for international students, both in this country and internationally.
| Duration of MBA in Cyprus | MBA in Cyprus is of two types- full-time and part-time. Therefore, the duration varies. |
| Intakes | MBA in CYPRUS begins in February, June, and September every year. Some universities begin the course in January. |
| Cost of Studying MBA In Cyprus | Varies from college to college. The average tuition fee comes up to Rs. 9,05,835. |
| Work Experience Required for MBA | Most Cyprus universities require 2-3 years of work experience. |
| GMAT/GRE | Varies from college to college. Usually, some require GMAT, while some don’t. |
| English Language Requirement | Students are required to clear the IELTS or TOEFL |
| Part-time Work During MBA | Students can work during their MBA courses in Cyprus. However, they need to follow a few norms specified by the government. |
| Post-study Work After MBA | Students can search for jobs after completing their MBA courses in Cyprus. |
You can choose a few best business schools when selecting Cyprus for your MBA degree. Some of them may include –
Cyprus International Institute of Management
The Cyprus Institute of Marketing
University of Cyprus
Cyprus International University
Girne American University
Near East University
Eastern Mediterranean University
Frederick Institute of Technology
There are multiple advantages to studying MBA in Cyprus and obtaining an international degree of global recognition. Some of the advantages are –
The studying and living cost in Cyprus is quite affordable. Especially for students from Europe, it becomes cheaper when they travel to Cyprus for education. In fact, in some public universities, a bachelor's degree is free for EU students. For non-EU students, it costs 7,000 euros a year. That's still cheap!
Cyprus is a multicultural and multilingual country that promotes a healthier environment to study. Therefore, it becomes a coveted choice among students.
Cyprus is a country that has the highest number of English-speaking residents. Therefore, students here needn't learn a new language for communication with people.
Cyprus has some of the best business schools that offer a comprehensive MBA degree for the betterment of students.
Most universities in Cyprus offer great hospitality, business, and tourism.
All MBA degrees provided by universities in Cyprus are recognized and accredited by renowned councils and authorities.
There are some major highlights for studying MBA in Cyprus –
The business schools in Cyprus offer comprehensive full-time and part-time courses and programs for the convenience of students.
All students must qualify for the English proficiency test to secure admissions at universities.
The country has a crime rate of less than 1%; therefore, it becomes a rather safe place for students to study MBA.
Cyprus universities provide an approach that focuses on both practical and theoretical knowledge and exposure.
Several higher education programs in Cyprus are regulated by the Department of Higher and Tertiary Education, which also sets tuition costs for public institutions.
Cyprus universities offer the flexibility of studying two types of MBA programs –
Full-time MBA
Part-time MBA
Some of the specializations include –
Digital Currency
Human Resource Management
Marketing Strategies
Financial Investment
Tourism Management
General Management
Students who wish to secure a successful admission at the business schools in Cyprus must fulfill the following eligibility criteria –
Students are expected to score well at the GMAT to secure admission at the business schools in Cyprus. Students must score a minimum of 400.
Two to three years of professional experience are required for MBA admission in Cyprus.
Students need to complete their IELTS or TOEFL examinations while appearing for the MBA course.
Students willing to apply for the university in Cyprus are required to submit curriculum vitae.
Letters of recommendation
The following documents are to be submitted by the students at the time of admissions –
A valid passport
GMAT scorecard
English proficiency test certificate
Greek proficiency score
A curriculum vitae with all personal, academic, and professional details of the student.
Personal statement/statement of purpose
Recommendation letters
Passport size photographs
Mark sheets and certificates of classes 10,12 and the bachelor's degree.
The MBA course in Cyprus usually begins in February. It is the estimated start date of the MBA program in Cyprus' universities. However, students are expected to keep checking the website for admission dates and deadlines. Some universities accept admission all around the year.
The MBA programs in Cyprus vary from university to university. Some common duration are as follows –
| UNIVERSITY NAME | DURATION |
|---|---|
| The Philips University | 18 months |
| Final International University in Cyprus | 2 years |
| Open University of Cyprus | 2 years |
| Vatel Cyprus | 2 years |
| Alexander College- Cyprus | 18 months |
| European University Cyprus | 18 months |
| Neapolis University Pafos | 18 months |
If you wish to secure a successful admission at any business school in Cyprus, follow the steps given below –
First, students must submit a complete CV and a duly filled application form to the respective university.
An application fee is to be paid.
The students must carefully submit the required documents at a given mail.
After receiving the documents, the universities review the application and send an invitation letter.
Students can submit their fees and apply for their visas upon receiving the invitation letter.
Students who wish to secure admission at any business school in Cyprus must secure a passing percentage on the English Proficiency test. Average knowledge of the English language is a must for admission at Cyprus' business schools.
Students must secure IELTS of 5.5 to 6.0 for MBA admissions.
Students must secure a TOEFL of 6.5 to 7.0 for MBA admissions.
Even though GMAT is a compulsory examination that students need to clear, some universities in Cyprus accept admission without necessarily wanting to see a GMAT score. Some of these business schools include –
American College
European University Cyprus
University of Nicosia
One reason why Cyprus is famous for offering MBA programs is that it provides an affordable fee structure. International students, especially EU students, find it exceptionally affordable and inexpensive to study in Cyprus. The average tuition fees in Cyprus can cost up to Rs. 9,05,835 (approx) per year.
Below is a table with the top business schools in Cyprus and their fee structure –
| UNIVERSITY | DURATION | COURSE FEE |
|---|---|---|
| The Cyprus Institute of Marketing | 14 months | €7,500 |
| University of Cyprus | 12 months | €10,250 |
| Cyprus International Institute of Management | 18 months | €16,080 |
| University of Nicosia | 18 months | €9,240 |
| European University Cyprus | 18 months | €8,478 |
| Neapolis University Pafos | 18 months | €4,000 |
| Cyprus International University | 1-2 years | €10,684 |
Students wishing to study MBA in Cyprus need to apply for a student visa. The Civil Archive and Migration Department should issue a permit to each student. Students are given a visa for a specific educational institute. International students may need to obtain a new residence permit if they decide to change educational institutions. International students are only entitled to student visas if they are full-time students. Full-time students take at least 12 credits each semester.
Cyprus offers several scholarships to international students each year if you are interested in applying. These are either government-funded or university-funded scholarships. Undergraduate, graduate, and doctoral scholarships are available for students. Scholarships are awarded annually to only a limited number of students. There are several universities providing scholarships to students.
CYTA CIIM scholarship
The University of Cyprus offers scholarships for MBA programs
AMBA 50th Anniversary Scholarship
Students who pursue MBA from Cyprus are allowed to work part-time. The Government makes a special exception to this rule of the Republic of Cyprus for certain courses for which a work permit may be granted to allow for practical training during the summer vacation. In general, students can work during their studies in Cyprus.
Students can look for job opportunities on their college premises.
Students can work in malls, cafes, shopping centers, grocery stores, parks, or even work from home.
Part-time employment offers experience and financial support to students.
Even though it isn’t compulsory to learn the Greek language before taking admission to Cyprus, it is recommended. For better connection with locals and people and for better understanding of the language in the country, it is advised to learn the language.
There are some universities in Cyprus that offer a full-time MBA program. Some of these universities are –
The Cyprus Institute of Marketing
University of Cyprus
Cyprus International University
Frederick Institute of Technology
Eastern Mediterranean University
In Cyprus, students who wish to pursue a part-time MBA can do so. Some of the universities providing part-time courses are –
Eastern Mediterranean University
Near East University
Girne American University
University of Cyprus
Cyprus International Institute of Management
The Cyprus Institute of Marketing
One of the many reasons Cyprus is a popular country for MBA is that it offers incredible job opportunities. Among the few career prospects for students graduating from a business school in Cyprus are –
Marketing Director
Commercial Financial Manager
Public Relations Director
Financial Controller
You can take any of these above mentioned positions for a successful business career.
Indian students find it easy and affordable to study MBA in Cyprus. Besides, the culture is multicultural; therefore, living becomes reasonable too. Out of the students from Asia and Africa, the major chunk comprises Indians. The Indian students are prepared for a global prospect in a dynamic economic scenario.
The cost of living isn’t very expensive in Cyprus. Including some major necessities and amenities, the cost comes up to –
Monthly rent: €339 (approx)
Local transportation: €40 (approx)
Utilities: €46 (approx)
Students applying for an MBA degree in Cyprus need a student visa at all costs. The students need to apply in person at the Embassy/High Commission/ Consulate of the Republic of Cyprus.
Students are required to fill in the visa form.
The visa application fee cost around 15-30 Cyprus pounds
Four passport-size photographs are required.
The academic qualifications and certificates of students must be duly attested.
English proficiency certificates must be granted
A photocopy of your passport is mandatory.
At the time of the interview, the following must be presented –
Valid passport
Financial guarantee by the student’s sponsor
Good conduct character certificate
MBA admission in Cyprus may be of interest to many students, but they may not know how to go about the process. Anigdha is here to assist you throughout the MBA admission process in Cyprus. We can assist in the following ways:
Consulting: As part of the consultation process, we review your profile and recommend the best university for you based on it. Our team also explains the process in greater detail.
Shortlisting: Our shortlisting process takes into account your plans, desires, career goals, and more and guides you in choosing the right university and plan.
Application Documentation: We guide you through the documentation process, advising you of what documents universities require.
Application: The application process becomes smooth with our services.
Interviews: visa interviews can be tough. We can handle them for you. Even the admission interviews are challenging. We help you with mock rounds to pass the interview rounds.
Financial Guidance: We make the system of finance and understanding of fees structure easier.
Visa: We have got you covered from form fill up to visa application and departure.
The fee structure of an MBA in Cyprus is relatively affordable. It doesn't cost a lot to study MBA in Cyprus. Among the colleges that offer low fee structure are –
Neapolis University Pafos
The Cyprus Institute of Marketing
Cyprus University of Technology
European University Cyprus
Cyprus is an island in the Mediterranean Sea, also called the Republic of Cyprus. It is also considered the third largest famous island in the Mediterranean. Cyprus lies south of Turkey, west of Syria, northwest of Gaza, and northern part of Egypt. The official languages in the country are Greek and Turkish. Cyprus has a great tourism industry and a developing economy. The real estate economy in Cyprus has been increasing the job opportunities in the market. Cyprus has become a thriving place to study.
| Capital | Nicosia |
| Largest City | Nicosia |
| Official Languages | Greek and Turkish |
| Dominant Religion | Christianity |
| Total Area | 9,251 km2 |
| Total Population as per 2021 estimate | 1,244,188 |
| Currency | Euro |
Is Cyprus a good place to study for Indian students?
Yes, Cyprus is the desired location for all MBA aspirants. The country provides an MBA course at an affordable fee structure, making it desirable for all international students.
Can students stay and look for jobs or do a job in Cyprus after graduating?
Yes, students can stay and work in Cyprus if they desire; however, they need to get a residence permit from the government.
What are the common languages spoken in Cyprus?
The most common languages people in Cyprus speak are Greek and Turkish.
Do students need to complete IELTS or TOEFL for MBA admissions in Cyprus?
No, students needn’t complete the IELTS or TOEFL examination for MBA admission in the country.
Is an MBA degree from Cyprus recognized?
Yes, an MBA degree from Cyprus is recognized and approved globally by top councils and authorities.
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