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MSc Finance & Banking



The twin forces of globalization and the information revolution have dramatically transformed the banking and financial sector, leading to its growing importance. The financial crisis and its impacts on individuals, businesses and the economy of virtually every country on the planet have heightened the importance of properly trained professionals on finance, banking and risk management. Employers are increasingly looking for qualified individuals who possess the sophisticated analytical and technical skills necessary to handle complex transactions in the fast moving, globalized financial markets. A specialist Master degree in Finance and Banking is a qualification highly valued by those who want to pursue a career in the financial services industry and by their potential employers

CIIM's MSc in Finance and Banking is a rigorous specialist Master programme established in 2007, which equips participants with an international standard of expertise in corporate finance, banking, investment and financial markets. It is designed to provide its graduates with the knowledge and skills required for highly sought-after careers with banks and other financial institutions around the world. The programme is fully accredited by SEKAP and recognized by KYSATS (national accreditation/recognition).


This MSc programme pursues two main objectives: to foster participants' analytical understanding of modern finance and banking, in an increasingly internationalized and highly complex financial world, and to enable participants to master decision-making and management skills in a demanding business environment. Students are first taught the basic functional courses, such as financial accounting, managerial economics, and quantitative methods, followed by a host of specialized courses in finance and banking. At the same time, they have the opportunity to choose from a variety of elective courses from the accounting, management, marketing, and human resources areas. Students who decide not to take any elective courses, they can earn the credits needed to graduate by writing a thesis on a finance and banking-related topic.

Modular Structure

The programme is structured based on CIIM's pioneering modular method of teaching. Each course consists of three faces: a period of pre-class reading given to students to prepare them for the relevant subject (one week before the start of the course); a short, intensive period of class time (maximum of one week); followed by a two-week (and up to one month) period given to students to either prepare for an examination or complete a final assignment. Through these courses, participants will gain both theoretical and practical knowledge in all aspects of banking and finance, through a multi-disciplinary, innovative and integrative curriculum, taught by a strong team of distinguished faculty and supported by real world business cases and live projects.


The school is located in Nicosia, the capital of Cyprus, a city that is fast-becoming the financial centre of the region. Since its inception the school has developed close ties with the business world and regularly organizes various events and public lecture series. This creates a dynamic intellectual environment and provides students the chance to interact with key members of the financial community