The programme is delivered within a modular scheme.
The 1st Year contains a critical overview of various contextual elements of Business such as Economics, Finance, Marketing and Human Resource Management.
The 2nd Year focuses upon Economic Environment, Strategic Business Practice, Business Law and Analysis of Globalization.
Throughout the course, emphasis is placed upon critical awareness and the development of relevant business skills.
The 3rd Year contains mostly managerial developmental courses as well as focusing on E-Business and the internet. The environment, which plays a large role in businesses today, also has its place during the 3rd year studies.
The 4th and final year is centered on research methods, operational management, IT and quality. In this final year, students are required to carry out a project which is part of their assessment.
BF101: Introduction to Business
Semester: 1/ Credit Value: 7.5/ Hours Weekly: 4
The unit offers learners who are new to the study of business, an introduction to some of the major themes which are developed with increasing complexity throughout this specification. The unit is designed to encourage learners to make the basic connections between different aspects of business behaviour. Learners are introduced to the range of business activities in public, private and voluntary (non-profit) sectors, at local, national and global levels. Business aims and objectives are introduced along with strategies for their achievement via interdependent functional areas. Plans to ensure survival and encouraging growth are also considered.
BF102: Marketing
Semester: 1/ Credit Value: 7.5/ Hours Weekly: 4
This module aims to provide students with an introduction to the fundamental concepts and principles of marketing and examines how these are applied in today’s changing business environment. This broad based module will provide all students with a concise and contemporary overview of Marketing and give them the knowledge and skills to underpin further study in the specialist field of Marketing.
BF103: Organizational Behaviour
Semester: 1/ Credit Value: 7.5/ Hours Weekly: 4
This module aims to provide an introduction to the nature of organizations in relation to management practices. It examines the internal nature of organizations from both a theoretical and a practical point of view. It is also intended to develop an understanding of the behavior of people within organizations and the significance of organizational design and characteristics. .
BF104: Introduction Accounting
Semester: 1/ Credit Value: 7.5/ Hours Weekly: 4
This module aims to provide the student with the necessary vocabulary and practical skills, techniques and abilities involved in accountancy within the modern business environment;
to facilitate the development of skills in numeracy, information technology and other associated disciplines.
BF105: Introduction to economics & the business environment
Semester: 2/ Credit Value: 7.5/ Hours Weekly: 4
To provide students an awareness of macroeconomic and microeconomic concepts and how these are applied in today’s business environment to solve problems in a wide range of contexts.
BF106: Human Resource Management
Semester: 2/ Credit Value: 7.5/ Hours Weekly: 4
Human Resources are arguably the most important asset of any business. The aim of this module is to provide an understanding of the human resource management role and function within the key areas of selection, rewarding, motivation, development and relations.
BF107: Costing and Budgeting
Semester: 2/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to provide students with the necessary knowledge to manage effectively both current and future costs as well as budgets of an organisation. This module describes how cost data will be collected, compiled, analysed and processed into information of use to management.
BF108: Introduction to Business Finance
Semester: 2/ Credit Value: 7.5/ Hours Weekly: 4
The aim of the module is to give learners knowledge of the workings of the financial services industry. They will learn about the financial needs of both individuals and businesses and the financial services available to them. They will also investigate the investment opportunities available.
BF201: Business Decision Making
Semester: 3/ Credit Value: 7.5/ Hours Weekly: 4
In business, good decision making requires the effective use of information. This module gives students the opportunity to examine a variety of sources and develop techniques for four aspects of information: Data Gathering, Data Storage, and the tools available to create useful information and present it. Computers are used in business for much of this, thus, the appreciation and use of appropriate IT software is central to the completion of this module. Specifically, students will use spreadsheets and other software for data analysis and the preparation of information. The use of spreadsheets for the manipulation of numbers, and understanding of how to apply the results, are seen as more important than the mathematical derivation of formula used. They will also gain an appreciation of information systems, currently used at all levels in an organization as aids to decision making.
BF202: Business Law
Semester: 3/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to introduce students to the essential elements of business law. The module will begin by considering the legal environment which provides a background to the working of the legal system. The module will then move on to consider specific issues in the law of contract and tort as well as exploring the law of agency and its relation to the business world. It is intended that the module will develop the necessary work-related skills in order that students will be equipped to understand and apply appropriate legal principles to practical business problems.
BF203: Taxation
Semester: 3/ Credit Value: 7.5/ Hours Weekly: 4
This module aims to provide the students with an understanding of the economic, political and ethical principles underlying Cyprus taxation, the sources of Cyprus tax legislation and the calculation of the tax liability of an individual, an unincorporated business and a limited company.
BF204: Marketing Intelligence & Consumer Behaviour
Semester: 3/ Credit Value: 7.5/ Hours Weekly: 4
The aim of the module is to enable students to understand the purchase decision making process and to recognise the variables and situations that influence buying behavior. The student will explore the marketing research process and assess the importance of different type of information and marketing research requirements needed for effective management in a competitive environment.
BF205: Financial Systems & Auditing
Semester: 4/ Credit Value: 7.5/ Hours Weekly: 4
This module aims to give students an introduction to the understanding of the nature and objectives of the general auditing practice and its relevant to financial services. It will provide the basic foundations on which Auditing and Corporate Governance can build upon. Students should be able to apply the principles of auditing to situations that they may meet in practice and critically evaluate the role of the auditor.
BF206: Financial Reporting
Semester: 4/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to provide students a broad understanding of how to prepare financial statements for different types of business taking into account the relevant legal and regulatory provisions. It also aims to help students develop tools for the interpretation of financial statements.
BF207: Business Strategy
Semester: 4/ Credit Value: 7.5/ Hours Weekly: 4
This module is the major integrative element in the final phase of business studies courses. It builds on the knowledge and skills acquired in earlier modules to enhance critical awareness of senior management decision-making. It addresses strategic management as a complex agenda of fundamental questions and problems that concern organizations and their future development. In order to address this complexity and generate a richer picture of organizations, the module also considers the context or environment in which an organization performs and the individuals whose actions help shape organizational performance.
BF208: Cyprus Economy in the EU Environment
Semester: 4/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to provide to the student an understanding of how EU membership impacts the local economies and organizations located in European countries. The module will focus on the EU as a dynamic and evolving influence.
BF301: Managing Professional Development
Semester: 5/ Credit Value: 7.5/ Hours Weekly: 4
This module aims to enable learners to assess and develop a range of professional and personal skills in order to promote future personal and career development. The unit also aims to develop learners’ abilities to organise, manage and practise a range of approaches to improve their performance as self-organised learners, in preparation for work or further career development.
The unit emphasis is on the needs of the individual but within the context of how the development of self-management corresponds with effective team management in meeting objectives.
BF302: Working with and Leading People
Semester: 5/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to develop the knowledge and skills needed to work with and lead people. The unit recognises that leadership operates within the internal framework of organisational values, culture, policies and practices. It also recognises that, externally, leadership should meet the requirements of current legislation and ensure ethical and environmentally friendly behavior.
The unit also considers the requirements for recruitment, selection and retention. It examines team working and leadership roles and identifies the work and development needs of individuals in the workplace.
BF303: Managing Activities to Achieve Results
Semester: 5/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to provide learners with the knowledge and skills to design, implement and change operational systems to improve their effectiveness and efficiency and to achieve the desired results.
Learners are encouraged to consider the importance and interrelationship of business processes and the implementation of operational plans, together with quality systems and health and safety in achieving satisfactory results.
BF304: Managing Communication, Knowledge and Information
Semester: 5/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this unit is to develop an understanding of the interaction between communications, knowledge and information. The unit also looks at how IT systems can be used as a management tool for collecting, storing, disseminating and providing access to knowledge and information.
BF305: Introduction to the Internet and E-Business
Semester: 6/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this unit is to introduce the learner to the scope of e-business and the benefits it offers to an organisation through the different business models. It also provides sufficient understanding of internet technology for learners to appreciate the potential, and the limitations, of using the internet for business.
BF306: Purchasing
Semester: 6/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this unit is to encourage learners to explore the major principles, concepts and techniques which are inherent in the management of the purchasing function in modern, efficient organisations.
BF307: Administrative Practices and Procedures
Semester: 6/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this unit is to develop and practise their knowledge, abilities and skills as administrators or managers by examining the administrative functions within organisations.
The unit is about preparing and co-ordinating operational plans and is also about managing time effectively and developing self to meet the needs of an organisation. The unit investigates the roles and responsibilities of key people within the organisation helping to meet its objectives.
BF308: Environmental Management
Semester: 6/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this unit is to provide sound understanding of how an organisation’s commercial activities will impact on the environment, how these activities might be altered in order to minimise their impact on the environment and how this can be done in a manner that ensures the continued profitability of the organisation. Learners will gain knowledge of the assumptions and approaches used in environmental management techniques, an appreciation and understanding of environmental values, including how these values can be changed, and how sustainable practice can promote the long-term interests of the organisation and the population as a whole. Development of the skills needed to innovate change, support action and empower others to create changes, and the use of a range of the tools and techniques employed in environmental management will be explored.
BF401: Research Methods
Semester: 7/ Credit Value: 7.5/ Hours Weekly: 4
To provide students an awareness of the different sources of information available, how information is gathered, stored, presented and become available for decision making. Specifically students will use spreadsheets and other software for date analysis and they will gain an appreciation of Information Systems used at all levels of an organisation.
BF402: Information Systems Technology
Semester: 7/ Credit Value: 7.5/ Hours Weekly: 4
Information Systems is a growing area in all organisations. This module introduces the subject of managerial levels, department organisation and information systems in a typical organisation. This should equip the students to undertake investigations of systems in a range of application areas. It also aims to provide the student with the knowledge and skills to use modern office application software.
BF403: Operations Management
Semester: 7/ Credit Value: 7.5/ Hours Weekly: 4
The aim of the module is to enable learners to grasp an understanding of the operations function within an organisation. They can then develop this knowledge, to include elements of product and job design, planning, control and methods for improvement.
BF404: Small Business Enterprise
Semester: 7/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to provide to the student an understanding of the nature and the characteristics of a small enterprise in order to apply the business theory and models already learned, for managing it effectively. It is also intended to students who want to start their own business after graduation.
BF405: Research Project
Semester: 8/ Credit Value: 7.5/ Hours Weekly: 4
This module is designed to introduce students to the techniques and methods of research. The module addresses a variety of research methodologies and requires students to produce a project report based on independent research into an area of professional business practice that interests them. The study undertaken should build on knowledge, skills and understanding that have been acquired in other modules.
BF406: E-Business Planning and Implementation
Semester: 8/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to provide students with the necessary knowledge to plan and develop an e-business. The module covers the entire methodology from analyzing the initial requirements to launching the business while aligning at the same time its operations with marketing, promotion and supply chain management.
BF407: Project Management
Semester: 8/ Credit Value: 7.5/ Hours Weekly: 4
This module provides students with the practical skills and theoretical background to undertake self managed projects and to assist in the management of team efforts. The emphasis is on recognizing that bad project management can cause financial losses to both private and public organizations and those solutions can be proposed for more effective management of projects with the help of Information Systems.
BF408: Quality Management
Semester: 8/ Credit Value: 7.5/ Hours Weekly: 4
The aim of this module is to enable students to understand the concept of quality management and define it in the context of business and services operations. Students will investigate the major quality schemes and evaluate these in terms of the benefits to the organisation and the customers it serves.
Student Appeals Procedure
In the case where a student believes that the grade received is different from what was expected, he/she must exhaust all possibilities of resolving the problem with the instructor first. The student will request a meeting with the tutor responsible for the assessment decision and indicate the reason for the appeal. The disputed outcome will be fully discussed between the student and the tutor using the assessment criteria for the piece of work involved for guidance.
If the matter is not resolved at this stage the team leader should obtain a photocopy of the statement of the assessed material and remove all evidence of grade allocation and feedback comments from the work. The team leader should then ask for the work to be assessed by the internal moderator of that unit/module who should then report the grade allocation to the Team Leader. The team leader will then review the two assessment decisions and recommend a grade for the assessed work. The student will then be informed of the decision made.
If the matter is not resolved at this stage it will be referred to panel consisting of the Course Leader and two members of the course teams nominated by the Head of Department.
