The program introduces and familiarizes students with a broad range of Accounting and Finance disciplines. The program is designed to provide students with the fundamental principles needed to start a career in accounting and finance whether it be in the profession, industry or the public sector. The courses offered through the program constitute a balance between the academic and practical directions. The program also lays the foundation for postgraduate studies and for professional studies in accounting.
The language of instruction is English.
Significantly, students obtaining the degree of BA in Accounting and Finance are also exempted from professional examinations of various accounting professional bodies:
The above exemptions pave the way for graduates to obtain professional qualifications that are invaluable for a career in accounting.
The graduates of the Program acquire knowledge and skills required for starting a career in accounting and in the financial sector. They fulfil the requirements for employment in the public and private sectors as accountants, assistant managers, or assistant financial analysts. They can also be employed in the industry, in banks, cooperatives, semi-governmental bodies and in areas related to accounting and finance.
The graduates of the Program can also be employed as educators in public or private secondary schools.
| Module Group | ECTS |
| Required Courses | 174 |
| Business Electives | 54 |
| Free Electives | 12 |
| TOTAL | 240 |
Required Courses Modules
The student must successfully complete 174 ECTS, from the following list of modules:
| No. | Code | Name | ECTS | Hours / week |
| 1 | ABSA101 | INTRODUCTORY ACCOUNTING I | 6 | 3 |
| 2 | ABSA102 | INTRODUCTORY ACCOUNTING II | 6 | 3 |
| 3 | ABSA203 | INTERMEDIATE FINANCIAL ACCOUNTING I | 6 | 3 |
| 4 | ABSA204 | INTERMEDIATE FINANCIAL ACCOUNTING II | 6 | 3 |
| 5 | ABSA205 | COST AND MANAGEMENT ACCOUNTING I | 6 | 3 |
| 6 | ABSA206 | COST AND MANAGEMENT ACCOUNTING II | 6 | 3 |
| 7 | ABSA307 | ADVANCED ACCOUNTING PRACTICE | 6 | 3 |
| 8 | ABSA308 | ADVANCED ACCOUNTING THEORY | 6 | 3 |
| 9 | ABSA408 | AUDITING THEORY & PRACTICE I | 6 | 3 |
| 10 | ABSA411 | AUDITING THEORY & PRACTICE II | 6 | 3 |
| 11 | ABSA413 | TAXATION I | 6 | 3 |
| 12 | ABSA414 | TAXATION II | 6 | 3 |
| 13 | ABSE101 | INTRODUCTION TO MICROECONOMICS | 6 | 3 |
| 14 | ABSE102 | INTRODUCTION TO MACROECONOMICS | 6 | 3 |
| 15 | ABSL210 | BUSINESS LAW I | 6 | 3 |
| 16 | AFIN101 | BUSINESS FINANCE I | 6 | 3 |
| 17 | AFIN102 | BUSINESS FINANCE II | 6 | 3 |
| 18 | AFIN203 | CORPORATE FINANCE I | 6 | 3 |
| 19 | AFIN204 | CORPORATE FINANCE II | 6 | 3 |
| 20 | AFIN305 | FINANCIAL MARKETS AND INSTITUTIONS | 6 | 3 |
| 21 | AFMA101 | MATHEMATICS I | 6 | 3 |
| 22 | AFMA102 | MATHEMATICS II | 6 | 3 |
| 23 | AFOT101 | INTRODUCTION TO ORGANIZATIONAL THEORY I | 6 | 3 |
| 24 | AFOT102 | INTRODUCTION TO ORGANIZATIONAL THEORY II | 6 | 3 |
| 25 | AFPR449 | SENIOR PROJECT I | 6 | 3 |
| 26 | AFPR450 | SENIOR PROJECT II | 6 | 3 |
| 27 | AFRM203 | RESEARCH METHODOLOGY | 6 | 3 |
| 28 | AMAT112 | STATISTICS I | 6 | 3 |
| 29 | AMAT210 | STATISTICS II | 6 | 3 |
Business Electives Modules
The student must successfully complete 54 ECTS, from the following list of modules:
| No. | Code | Name | ECTS | Hours / week |
| 1 | ABSA310 | INTERNATIONAL ACCOUNTING | 6 | 3 |
| 2 | ABSA405 | ADVANCED MANAGEMENT ACCOUNTING I | 6 | 3 |
| 3 | ABSA406 | ADVANCED MANAGEMENT ACCOUNTING II | 6 | 3 |
| 4 | ABSA409 | AUDITING THEORY | 6 | 3 |
| 5 | ABSA412 | CORPORATION TAX | 6 | 3 |
| 6 | ABSE203 | MICROECONOMIC ANALYSIS | 6 | 3 |
| 7 | ABSE204 | MACROECONOMIC ANALYSIS | 6 | 3 |
| 8 | ABSL310 | BUSINESS LAW II | 6 | 3 |
| 9 | ABSO201 | BUSINESS MANAGEMENT I | 6 | 3 |
| 10 | ABSO202 | BUSINESS MANAGEMENT II | 6 | 3 |
| 11 | ABSO204 | HUMAN RESOURCES MANAGEMENT | 6 | 3 |
| 12 | ABSO307 | BUSINESS POLICY AND STRATEGIC MANAGEMENT | 6 | 3 |
| 13 | ABSO423 | INTERNATIONAL BUSINESS | 6 | 3 |
| 14 | AFAI300 | INTERNSHIP | 6 | 3 |
| 15 | AFAP300 | PLACEMENT INTERNSHIP | 6 | 3 |
| 16 | AFAT420 | ADVANCED TAXATION I | 6 | 3 |
| 17 | AFAT421 | ADVANCED TAXATION II | 6 | 3 |
| 18 | AFBE320 | ACCOUNTING AND BUSINESS ETHICS | 6 | 3 |
| 19 | AFCE410 | CONTEMPORARY ECONOMIC ISSUES | 6 | 3 |
| 20 | AFCP210 | COMPUTER APPLICATION PACKAGES | 6 | 3 |
| 21 | AFCS101 | COMMUNICATION SKILLS | 6 | 3 |
| 22 | AFIE320 | INTERNATIONAL POLITICAL ECONOMY | 6 | 3 |
| 23 | AFIM101 | INFORMATION MANAGEMENT | 6 | 3 |
| 24 | AFIN306 | INVESTMENT ANALYSIS, PORTFOLIO THEORY & MANAGEMENT | 6 | 3 |
| 25 | AFIN411 | INTERNATIONAL FINANCE | 6 | 3 |
| 26 | AFME325 | MONETARY ECONOMICS | 6 | 3 |
| 27 | AFOR310 | OPERATIONS RESEARCH I | 6 | 3 |
| 28 | AFOR320 | OPERATIONS RESEARCH II | 6 | 3 |
| 29 | AFPE310 | PUBLIC ECONOMICS | 6 | 3 |
| 30 | AFRE410 | CONTEMPORARY FINANCIAL REPORTING ISSUES | 6 | 3 |
Free Electives Modules
The student must successfully complete 12 ECTS, from the following list of modules:
| No. | Code | Name | ECTS | Hours / week |
The Program is based on the ECTS credit accumulation mode of study. Students can be awarded the BA in Accounting and Finance upon completion of 240 credits. These credits are allocated to compulsory and elective courses as shown in the table below. The list of compulsory and elective courses is provided in the Program’s course structure.
Candidates for a bachelor degree program should submit a school leaving certificate from a recognized six-form secondary school (high school) with an average grade of 75% (Greek Cypriot secondary schools) or a grade “C” or its equivalent (other secondary schools), or equivalent qualification. Candidates who submit a six-form secondary school leaving certificate but do not meet the above grade requirements may be admitted on a probationary status, if they show potential for educational advancement. The probationary status will be removed, subject to a satisfactory academic performance. Candidates admitted on probationary status may also be asked to enroll in foundation courses in order to improve their skills and/or to take reduced load.
Frederick University academic year consists of the fall and spring semesters. The calendar is arranged so that students may start classes either during the last week of September or the first week of February. Candidates may submit an application for admission in any of the semesters. Due to the fact that formalities for the issue of an entry visa take at least 6 weeks, candidates are urged to file an application at least 8 weeks prior to the expected date of enrolment. Students are expected to be on campus prior to the beginning of the intended semester/session. In response to arising need, courses could be provided within the summer period.
Under the immigration regulations, and depending on their nationality, applicants should follow the relevant procedure and submit the required documents as described below:
A. Nationals of EU countries
Candidates who are nationals of EU countries can enter Cyprus as visitors. On arrival at Frederick University they must submit to the Admission Office the following:
Furthermore, they must pay the registration fee, the semester tuition fees, and register for subjects. Next they must apply to the Migration Department for a temporary residence permit. The application to the Migration Department must be supported by evidence that they have paid their tuition fees for the semester, have enough funds for their initial living expenses and have obtained local health insurance coverage.
B. Applicants from non EU countries
International Students from non EU countries need to have a valid student visa in order to be allowed to enter Cyprus. The issue of an entry visa takes about 6 weeks from the date of the submission of the application. It is therefore recommended that candidates submit their application at least 8 weeks before the beginning of the semester. Cyprus Migration Department requirements in respect of the issue of a student visa, which from time to time may be modified, are available to candidates in a separate document.
Applicants are requested to contact the Office of Admissions to receive information and guidance regarding the proper documentation and formalities to be followed.
Personal interviews are not normally required as part of the admission process; however, Frederick University reserves the right to request an interview before making a final decision on accepting an applicant.
A good knowledge of the English language is required for all programs of Frederick University taught in English.
English Placement Test
Students whose native language is not English will have to take the Frederick University English Placement Test (FUEPT). Students who are qualified for exemption from the English Language Courses should apply to the Center of Languages with the necessary documentation. Further details regarding the policies and requirements for exemption can be obtained from the Admissions Office and the Center of Languages.
Students who are not competent in the English language are required to take special English classes to improve their skills and, when necessary, they will take reduced load for that semester. Students who may need a more vigorous preparation will take an intensive course in English before enrolling in a regular program. Intensive courses commence at the beginning of the fall and the spring semesters.
TUITION FEES PER YEAR:
| DISCOUNTED FEES - €/ECTS | FOR FULL TIME STUDY (60 ECTS)- € |
| 138.00 | 8280 |
| On campus students | Euro |
| Application Fee | €35 payable once |
| Registration Fee | €25 per registration |
| Student Activity Fee | €20 per semester |
| Technology Fee | €20 per semester |
| Late Registration Fee | €25 |
| Transcript Fee | €5 per additional copy |
| Incomplete Make-up | €25 |
| Graduation Application Fee | €55 |
| Exam Waiver Fee | €25 |
| Second Examination Fee | €80 |
| Transfer Credit Evaluation | €40 |
| Distance Learning students | Euro |
| Application Fee | €35 payable once |
| Semester Registration & Technology Fee | €100 per semester |
Contact Person: Ferederick
Phone: +35722394394
Email: info@frederick.ac.cy
