The College of Tourism and Hotel Management, Cyprus, offers a Postgraduate Diploma in Business Administration with opportunities for progression to the Masters in Business Administration (MBA) and Masters in International Business (MAIB) of the University of Wolverhampton, UK.

Postgraduate Diploma in Business Administration, College of Tourism and Hotel Management, Cyprus

The objectives of the programme are:

  To provide students with an education in management for a global market and economy

  To enable students to apply these concepts, principles and techniques appropriately to a variety of international organizational situations

  To encourage students to think critically and independently about intercultural management problems

  To provide the opportunity, through course related activity, for students to develop the skills and attributes necessary for their career and personal development

The programme consists of two semesters, which lead to the Postgraduate Diploma in Business Administration of the College of Tourism and Hotel Management, Cyprus. The first semester consists of six compulsory modules whereas the second semester consists of three compulsory and three elective modules.

Programme participants follow an induction module that precedes the commencement of the programme.

Induction to Postgraduate Diploma (PGD)

Postgraduate Diploma in Business Administration participants are mature people who take the programme to develop new attitudes and awareness so as to progress their careers.

The induction is designed to bring programme participants together as a team, and to prepare them for the remainder of the programme, to promote self-confidence and the ability to continue self-learning.

Semester One

The first semester consists of six compulsory modules as follows:

Organisational Behaviour

The role of the middle management involves asking, providing and motivating people to do things. In addition the role itself has a number of in-built conflicts and ambiguities. This module explores the diagnostic skills and frameworks that the manager needs in order to be able to analyse the situation as an issue that is likely to face in carrying out the role. Course members are introduced to theories, drawn from the behavioural sciences that contribute particular perspectives on the behaviour of people at work. 

Marketing in an International Environment

This module focuses on essential marketing concepts. The key processes of external and internal marketing appraisals, the consideration of alternative marketing strategies, their selection and implementation are considered in full.

Management of Information Systems

We are in the “information Age”. While the requirements for routine transaction processing are reasonably stable and relatively easy to identify, information requirements for management decision-making are less stable and more difficult to define. Consequently, course members need to become acquainted with some of the management issues and concerns relative to the development and implementation of information systems, especially those that are computer based and to develop competencies in analysing and defining organisational information requirements.

Business Environment Analysis

To function effectively at the strategic level, managers should process the ability to critically reflect on environmental factors that may provide opportunities, or constraints, for decision makers. To this end, the module may be regarded as a facilitating one, which develops the conceptual ability and techniques to analyse the environment. The module provides a contextual framework within which other modules are pursued. A multidimensional approach is taken in order to emphasise the cultural, economic, legal, political, social and technological dimensions of business in the 2000s.

Financial Reporting

Whatever the implicit or explicit objectives of an organization, performance is increasingly measured in financial terms. Hidden behind financial information however is a whole array of beliefs, assumptions and judgements. This module is concerned with exploring those beliefs and assumptions and questioning their relevance to the information needs of managers. Initially the focus will be on external financial reporting as this allows accounting concepts to be developed in a wider context. In addition, it offers participants access to an extensive range of data in the form of published annual reports. Having developed the accounting framework, the focus then changes to internal financial reporting. Management accounting is introduced as part of the overall management information system, enabling participants to relate areas of study to their own organisations.

Management Decision Making

The aim of this module is to examine the nature of management decision-making and the Multi-disciplinary perspectives of the process. Decision-making is often a highly political process in which fact, perception and judgement precede negotiation or inspiration. The module will examine, therefore, the theoretical, behavioural and quantitative aspects of decision making.

Semester Two

The second semester consists of three compulsory and three elective modules as follows:

Strategy and Policy

The aim of this module is to provide knowledge of concepts and models that support managerial thinking in the area of Strategy and Policy formulation and to explore some of the behavioural implications. Whilst the ultimate responsibility in this area remains at the top of the organisation, complexity is involving other levels. This is true both in the implementation and the formulation of strategies and policies. There is, therefore, an increasing need for managers to understand this process and their parts in it.

Financial Management and Control

Financial management is essential to the survival and development of the organization. Responsibility for cost, profit and investment centres is typically being given to managers at all levels in organizations and the need to acquire and develop the appropriate skills is increasingly acknowledged. The majority of managers are involved in the process of planning and controlling activities and the emphasis in the module is on the development of management skills appropriate to investment, financing and dividend decisions.

Students are assumed to have an understanding of basic financial accounting principles.

Economics for Managers

The role of the manager involves the ability to use all available resources and information but based on theoretical and on real data as well, managers must be able to plan, compete and use all the business resources in the best and the most efficient way in order to help an organization prosper and compete successfully. Therefore, this course through managerial economics will help the students make sound managerial decisions based on theory linked to real situations.

Electives

Depending on the academic path followed by each course participant, tuition during the Second Semester is completed with the following elective modules:

Management of Human Resources, Corporate Information Systems Management, Total Quality Management, Research Methodology, Business Analysis Project, Entrepreneurial Studies, International Management, Organisational Leadership and Organisational Communication,

Attendance

Attendance is during afternoons and evenings for two semesters covering the academic year from October to May. Classes are held from Monday to Friday at the College of Tourism and Hotel Management Campus, Cyprus.

Entry Requirements

Candidates for this programme must:

   hold a University degree in business or business-related discipline

   have a very good knowledge of the English Language with a score of 6.0 in IELTS or 550 in TOEFL or evidence of English proficiency equivalent to the above. Some candidates may be required to take remedial or bridging courses.

 Enrolment

Local Students

Local applicants should fill out and submit to the College an application for admission, which should be accompanied by their previous academic records.

International Students

International students are advised to apply for admission as early as possible and in any case at least three months before the scheduled commencement of classes.  Overseas candidates should submit to the College the necessary documents as specified on the application form.

Masters in Business Administration (MBA)

MASTERS IN INTERNATIONAL BUSINESS (maib)

University of Wolverhampton, UK

Successful graduates of the Postgraduate Diploma in Business Administration will be given advanced standing onto the Masters in Business Administration (MBA) or Masters in International Business of the University of Wolverhampton, UK.

Those wishing to progress on to the MBA need to be at least 25 years old (although exceptionally those aged 23+ may be considered), and have at least 2 years work experience preferably at management (but at least supervisory) level.

Holders of the Postgraduate Diploma will do four modules taught over one semester and a dissertation.

Indicative Programme Modules

The specific programme of study will depend on the candidate’s option choices on the Postgraduate Diploma and whether they are progressing on to the MBA or the MA International Business.

Leadership and Team Working in Management

This module seeks to enhance the participant’s understanding of marketing decisions using marketing tools and techniques in conjunction with economic analysis. Emphasis is on the application of theoretical concepts using appropriate case study material. The module offers an integrated perspective on the importance of the organisational environment and the implications that has for analysis, planning and control.

Operations Management

Operations management is a core function in all organisations, whether public or private sector. The main themes of the module include planning and control, operations design, quality improvement and operations strategy. Participants will examine the relationship between management at the strategic and operational level and the importance of treating work systems as processes which require the co-ordination of all the business functions.

International Strategic Management

A growing number of domestic companies are confronted by increasing complexity as they become more involved in world markets and are exposed to both international competition and changing economic conditions. This module enables the participant to effectively analyse the changing global business environment and examine ways in which business strategies may need to be adapted in order to manage these opportunities. The module enables participants to justify business unit and corporate strategies in an international context. In particular, it raises awareness of the skills and techniques necessary for successful cross-cultural management.

One Elective

Participants are required to study one elective, which will allow them to specialise in an area of personal interest. The award leader will advice participants on the choice of electives available as these may change from time to time. The following is an indication of electives: Business-to-Business Marketing, Knowledge Management, International Entrepreneurship, Directing Organisations, East Asian Business, Change Management, Business Ethics, E-Commerce, Service Marketing, Diversity in the Workplace.

Dissertation

The product of a piece of original work based upon independent research is an essential part of study at Masters level. To achieve the award of a Masters degree, participants must present a dissertation demonstrating a range of intellectual and practical skills. Participants must use and synthesise information, carry out a practically-orientated research project within a business and management context and identify the implications of the findings. Professional managers need to be capable of basing their decision-making on information and knowledge derived from research and so the skills acquired in the course of producing the dissertation will contribute to the participant’s effectiveness throughout their career.