MSc in Financial Services
Program Overview
The future of finance is digital and green. Τhe Master of Science (MSc) in Financial Services aims to prepare students to become properly trained professionals in finance, banking, FinTech, and risk management. Students will also be able to specialise in the field of their choice, do an internship with a reputable company, or work on a finance-related thesis.
Given the recent changes that have occurred in the financial industry in Cyprus and Europe, the program is structured to reflect the actual needs of the local and international financial market. Furthermore, our MSc FS program helps students to develop an analytical understanding of modern finance and accrue decision-making and management skills that are needed in a challenging business environment.
 MSc in Financial Services  Program includes:
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The program is nationally accredited by CYQAA and recognised by KYSATS.
MSc in Financial Services is part of the CFA ® University Affiliation Program and GARP’s Academic Partner.
Admissions Requirements
- Bachelor’s degree and transcripts from an accredited program. In terms of GPA, we expect 2:2 and above from UK schools, 3.0 and above from US schools, and 6.5 and above or the equivalent from Cypriot and Greek Universities and colleges. Candidates with a lower grade than the above, might be admitted if they have compensatory strengths in terms of work experience or other accomplishments (for example, CFA, ACCA, or ACA).Â
- Native speaker of English or graduate of a high school or university where the language of instruction is English, or IELTS with a score of at least 5.5, or TOEFL with a score of at least 250 (computerized) or 550 (conventional), or Password-plus 5.5.
- Satisfactory quantitative skills as evidenced by the quantitative courses they have taken during their Bachelor’s degree study.
- Knowledge of English language. Click here to learn more.
Program Learning Outcomes
- Use financial modelling techniques to value assets, projects, and companies.
- Apply the use of options, futures, forwards, swaps, and other derivatives to manage risk in a domestic and international setting.
- Determine the optimal capital structure of an institution.
- Construct a diversified asset portfolio.
- Prepare company’s financial statements.
- Apply empirical methods to analyse financial data.
- Employ capital budgeting techniques to evaluate projects.
Program Requirements
The European Credit Transfer and Accumulation System (ECTS in short) is a tool of the European Higher Education Area for making studies and courses more transparent. It helps students to move between countries and to have their academic qualifications and study periods abroad recognized. The credits below are based on the ECTS.
To graduate, students are required to earn 90 credits as follows:
60 credits from taught core courses,
30 credits from taught elective courses or from a 15,000+ word final project (thesis).
Core Courses
- MB460 – Accounting & Finance
Contact Hours: 28Â Â Credits: 6 - FB405 – Trust & Ethics in Financial Services
Contact Hours: 28Â Â Credits: 6 - MB420 – Managerial Economics
Contact Hours: 28Â Â Credits: 6 - MB405 – Corporate Finance
Contact Hours: 28Â Â Credits: 6 - FB455 – Risk Management
Contact Hours: 28Â Â Credits: 6 - FB540 – Investment & Portfolio Management
Contact Hours: 28Â Â Credits: 6 - FB530 – Derivatives and Financial Engineering
Contact Hours: 28Â Â Credits: 6 - FB460 – Company Valuation
Contact Hours: 28Â Â Credits: 6 - FB470 – Innovative Financial Technologies (FinTech)
Contact Hours: 28Â Â Credits: 6 - BI430 – Quantitative Methods & Statistical Analysis
Contact Hours: 28Â Â Credits: 6
Elective Courses
- FB425 – Fund Structuring
Contact Hours: 28Â Â Credits: 6 - FB605 – Behavioural Finance
Contact Hours: 28Â Â Credits: 6 - FB415 – Project and Business Financing
Contact Hours: 28Â Â Credits: 6 - FB445 – International Finance & Currency Markets
Contact Hours: 28Â Â Credits: 6 - FB420 – Compliance, Supervision and Financial Reporting
Contact Hours: 28Â Â Credits: 6 - GD610 – ESG: Environmental, Social & Corporate Governance
Contact Hours: 28Â Â Credits: 6
- FB435 – Investment Banking
Contact Hours: 28Â Â Credits: 6 - FB420 – Compliance, Supervision and Financial Reporting
Contact Hours: 28Â Â Credits: 6 - FB610 – Investment Industry and Fundamentals of Economics
Contact Hours: 28Â Â Credits: 6 - FB615 – Investment Instruments and Market Participants
Contact Hours: 28Â Â Credits: 6 - GD610 – ESG: Environmental, Social & Corporate Governance
Contact Hours: 28Â Â Credits: 6
- AT600 – Digital Transformation  of Businesses & Organizations
Contact Hours: 28Â Â Credits: 6 - AT400 – Blockchain and Applications
Contact Hours: 28Â Â Credits: 6 - FB500 – Regulation of Innovative Financial Technologies (RegTech/LegTech)
Contact Hours: 28Â Â Credits: 6 - GD320 – Digital Business Tools and Digital Business Development
Contact Hours: 28Â Â Credits: 6 - BI425 – Information Security Management for Business
Contact Hours: 28Â Â Credits: 6 - BI410 – Data Mining, Visualization and Decision Making
Contact Hours: 28Â Â Credits: 6 - GD610 – ESG: Environmental, Social & Corporate Governance
Contact Hours: 28Â Â Credits: 6
“ Please note that electives are provided only if sufficient number of students request them. “
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