• Κωδικός / Course Code: ΛΧΡ695
• ECTS: 5
• Τρόποι Αξιολόγησης / Assessment: A student will be graded with “Pass” after fulfilling the requirements below: • Successful completion of the required actions on its special platform 2BeConnected project (weekly work schedule, student evaluation, final report, etc.). • Positive evaluation by the host organization on the special platform of the 2BeConnected Project. • Positive evaluation by the Academic Coordinator on the special platform of the 2BeConnected Project and the Liaison Office of the Open University of Cyprus. The student will be graded with “Fail” if he/she does not complete in a satisfactory degree the above-mentioned requirements.
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (εαρινό ή χειμερινό)/ Semi-annual (Fall or Spring)
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ695

The aim of the Thematic Unit is to connect students in the Programme with companies and organizations in order to gain work experience and develop communication and practical skills.

It is also expected that the Thematic Unit will: foster the acquisition of additional and specialized knowledge regarding the field of interest of each student, strengthen the employment opportunities during the period of study and after graduation, provide students with direct experience of the constant changes and challenges in the professional world, help overcome barriers between theory and practice, and create of a network for students with local agencies.

• Κωδικός / Course Code: ΛΧΡ614
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (χειμερινό) / Semi-annual (fall)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ522

The Thematic Unit of Management Accounting (ΛΧΡ614) aims to provide students with an understanding of theoretical concepts of management accounting and contemporary issues in the field. The thematic unit aims for students to understand the basic principles of management accounting and apply them to real business contexts. The aim of the thematic unit is to provide solutions and answers to the questions that many professional accountants and executives have in dealing with cost analysis in business decision making.

• Κωδικός / Course Code: ΛΧΡ613
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (χειμερινό) / Semi-annual (fall)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ512

The Thematic Unit in Cost Accounting (ΛΧΡ613) aims for students to understand the theory and application of cost issues, the principles of cost accounting, and their application in real business cases. The aim of the thematic unit is to present the technical aspects as well as the decisions that can be taken using managerial information in the modern business world. 

• Κωδικός / Course Code: ΛΧΡ612
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (χειμερινό) / Semi-annual (fall)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ521

This module analyses various Advanced Finance topics such as credit policy, cash and inventory management, finance leasing, factoring, forfaiting, and venture capital.

Advanced capital budgeting techniques are also analysed. Finally, students will learn about the latest developments in financial markets such as Financial Technology (Fintech).

• Κωδικός / Course Code: ΛΧΡ611
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (χειμερινό) / Semi-annual (fall)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ511

The Thematic Unit ΛΧΡ611 “Risk Management of Financial Institutions” provides the students who select it with the knowledge and ability to understand decision making by banks and other financial institutions. In particular, it examines the risks these institutions face as brokers in their quest to increase the return on their funds.

Among other things, it studies the measurement of various risks such as interest rate risk, credit risk, liquidity risk, and market risk. It also examines various tools for managing these risks such as capital adequacy, forward contracts, futures, sales of loans and securitisation.

• Κωδικός / Course Code: ΛΧΡ701Β
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: Project submission
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (εαρινό ή χειμερινό)/ Semi-annual (Fall or Spring)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: Prerequisite Module: ΛΧΡ522 Co-requisite Module: ΛΧΡ701Α

In order to complete the Master's Degree in “Accounting and Finance” it is necessary to develop an Applied Research Project. Developing such Research Project is one of the most creative challenges of the program as it provides the student with the opportunity to demonstrate that he / she has the ability to apply the knowledge gained in the Master's Degree Program and complete a research project on his / her own with the assistance of an Advisor. In addition, it provides the student with the opportunity to explore in depth a topic of interest by applying a rigorous, systematic and scientific approach to problem solving.

This is the second Module of the Applied Research Project series.

• Κωδικός / Course Code: ΛΧΡ701Α
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: The Assessment is on a “Pass/Fail” Basis
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (εαρινό ή χειμερινό)/ Semi-annual (Fall or Spring)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ511, ΛΧΡ512

In order to complete the Master's Degree in “Accounting and Finance” it is necessary to develop an Applied Research Project. Developing such Research Project is one of the most creative challenges of the program as it provides the student with the opportunity to demonstrate that he / she has the ability to apply the knowledge gained in the Master's Degree Program and complete a research project on his / her own with the assistance of an Advisor. In addition, it provides the student with the opportunity to explore in depth a topic of interest by applying a rigorous, systematic and scientific approach to problem solving.

This is the first Module of the Applied Research Project series.

• Κωδικός / Course Code: ΛΧΡ522
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (εαρινό)/ Semi-annual (spring)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ512

The Thematic Unit on Financial Accounting aims to provide students with an understanding of theoretical and applied accounting issues, and is essentially a continuation of the Thematic Unit TXΛ512 Principles of Accounting. In particular, the thematic unit aims to familiarise students with the topics of Financial Accounting, both in theory and in practice. After the student has first learned the basics of accounting (TXΛ512: accounting statements, records, accounting cycle), in this thematic unit he/she will deal with accounting analytics techniques in order to understand the importance of indexes, trend indicators, vertical and horizontal analysis, among other tools. It will thus be able to effectively assess and predict the evolution of the financial and economic course of businesses, banks, and organisations. In particular, the thematic unit emphasizes the study of indices to of liquidity, activity, profitability, capital structure, sustainability, and investment.

The thematic unit also covers the valuation of companies, comparing their book value to their market value. In addition, it presents the sources of business capital (e.g. equity, liabilities). In this context, it delves into the accounting treatment of increases in shareholder’s capital, as well as the accounting treatment of liabilities. It also examines the individual categories of cash flows and their estimation methods. Finally, it presents the financial statements and the corresponding indices for credit institutions.

The objective of the Thematic Unit ΛΧΡ523 is to present the techniques of financial accounting, so that based on it, financial assessments can be made and critical decisions can be taken in the contemporary demanding business environment.

• Κωδικός / Course Code: ΛΧΡ521
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (εαρινό)/ Semi-annual (spring)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate
• Προαπαιτούμενα/ Prerequisites: ΛΧΡ511

The Thematic Unit “Investment Portfolio Management” aims to introduce students to the fundamental principles of contemporary portfolio management, which essentially relate to 1) an understanding of the basic financial instruments of the money market and in particular the capital market, and 2) an understanding of the basic principles of modern portfolio management theory.

By achieving these two aims, students will be able to analyse the fundamental financial instruments and be able, after evaluating them, to appropriately combine them into an investment portfolio that will deliver the highest expected return given the risk associated.

• Κωδικός / Course Code: ΛΧΡ513
• ECTS: 10
• Τρόποι Αξιολόγησης / Assessment: 2 assignments (30%), interactive activities (10%), final exam (60%)
• Διάρκεια Φοίτησης/ Length of Study: Εξαμηνιαία (χειμερινό) / Semi-annual (fall)
• Κόστος/ Tuition Fees: €600
• Επίπεδο Σπουδών/ Level: Μεταπτυχιακό/ Postgraduate

The Thematic Unit “Corporate Finance” provides the principles of the theory and practice of Financial Management. The unit provides the student with an insight to the environment of business decision-making: how businesses make financial decisions, the investments they must make and how they should pay for these investments.

This thematic unit provides students an analytical framework for understanding the relationship between return and risk, capital structure and the value of the business, as well as valuating investments and businesses, which is a core function of corporate and investment banking.