Master in Finance

The current business environment is rapidly changing. World markets are becoming increasingly global, organizations merge, restrictions on trading transactions are being lifted and competition becomes more intense. Information technology creates an innovative environment which facilitates the delivery of a new range of services, the direct exchange of information, execution of transactions and agreements. In recent decades, developed countries have shifted their business focus from manufacturing to services while less developed economies are also changing as they attempt to fill in the resulting gap in the field of manufacturing. The recent economic crisis which has affected the services sector and more severely so the financial services industry is rapidly changing the legal, business and economic environments of all affected countries.

In these challenging times, only those managers with the ability to anticipate, understand and effectively adapt to the challenges and demands of today's business environment will be able to lead their organizations to success. Those who fail to act or fail to respond to these changes, will expose their organizations to various risks, including their very survival. The ongoing economic crisis of the last decade has uncovered the importance of redefining business values and adherence to strict ethical codes in order to regain investor confidence.

Given the challenging environment that organizations are called to face, the Department of Accounting and Finance (AFN) aims:

• to provide its graduate students with the skills and knowledge necessary to advance their career in and eventually lead their organizations to financial success.
• to the establishment of a leading research team, strengthening the research orientation of the Department worldwide
• to apply the fundamental concepts and tools of finance.
• to attract qualified students from Cyprus and abroad

Key Learning Outcomes
The M.Sc. in Finance intends to:

• provide students unique business school training in finance that is both theoretically anchored and practically oriented.
• Provide students with rigorous skills and applied training in quantitative and empirical methods in finance in the following areas: corporate finance and capital investment analysis; capital and derivative markets and risk management; and investment management and security analysis.
• Translate the theoretical knowledge into practice, through experiential learning, professional workshops and interactions with practitioners