Applications are accepted for admission and commencement of studies in September 2026.

Admissions are conducted on a rolling basis, with applications evaluated in order of submission and offers issued progressively until all places are filled or the programme begins.

Applications are accepted for admission and commencement of studies in September 2026.

Admissions are conducted on a rolling basis, with applications evaluated in order of submission and offers issued progressively until all places are filled or the programme begins.

MSc Financial Management and Investment (offered in Greek)

DESCRIPTION AND PURPOSE

The financial sector is evolving rapidly, along with the skills required to succeed in an increasingly competitive environment. The MSc in Financial Management and Investments is designed to equip students with the tools, knowledge, and practical experience needed to stay ahead of developments in the financial industry.

The programme combines strong academic training with modern analytical tools and applied knowledge of direct professional relevance, offering a comprehensive approach to financial analysis, investments, corporate financial management, and risk management.

 

A PUBLIC UNIVERSITY WITH INTERNATIONAL RECOGNITION

The programme is offered by the Cyprus University of Technology (CUT), a public university recognized and valued by employers and organizations both in Cyprus and internationally.

Rankings

  • QS World University Rankings 2026: 2nd in Cyprus (#686 worldwide)
  • THE World University Rankings 2026: Top 501–600 worldwide
  • THE Young University Rankings 2024: #148 worldwide
  • THE Best Universities in Europe 2025: #265 in Europe
  • Teaching Score (Times Higher Education World University Rankings 2024): 1st in Cyprus and Greece
  • Stanford University Lists: 34 academics and researchers among the world’s top scientists

 

RELEVANCE TO LEADING INTERNATIONAL PROFESSIONAL CERTIFICATIONS

The curriculum covers subject areas closely aligned with the knowledge framework of leading international professional certifications in investments and financial analysis, such as the CFA® (Chartered Financial Analyst) programme. Students therefore develop analytical knowledge and technical skills that effectively prepare them for their professional careers, including preparation for such certifications.

Disclaimer: The programme is not an officially affiliated or certified programme of the CFA Institute. The reference concerns curriculum alignment only.

 

STRONG INDUSTRY CONNECTION

The programme maintains strong links with professionals and experts in the financial sector. Through guest lectures, seminars, networking events, and the Professional Internship, students interact directly with professionals from banks, investment organizations, consulting firms, Forex companies, and FinTech businesses, gaining access to valuable professional networks that support their career development.

 

AFFORDABLE TUITION AND SCHOLARSHIPS

As a programme offered by a public university, the MSc provides high-quality education at a competitive cost (€5,125 for the entire programme) compared to similar postgraduate programmes. Scholarships are available for academically distinguished students or those meeting specific criteria, making high-level studies accessible to a broader range of candidates.

 

WHAT THE PROGRAMME COVERS

The programme focuses on areas that are strongly demanded in the financial sector.

Financial Analysis and Valuation

In-depth analysis of financial statements and valuation of securities, equities, and companies using modern models and methodologies widely applied in the financial industry.

Alternative and Sustainable Investments

Coverage of alternative asset classes such as real estate, private equity, hedge funds, and commodities, as well as ESG and sustainable finance.

Investments and Portfolio Management

From portfolio theory and risk–return analysis to applied portfolio management, asset allocation, and performance evaluation.

Financial Risk Management

Methods for identifying, measuring, and managing financial risks (credit, market, operational) using tools employed by banks and investment institutions worldwide.

Corporate Financial Management

Strategic financing decisions, capital structure, dividend policy, project valuation, and corporate restructuring.

Data-Driven Finance and Financial Technology

Big Data analytics in finance and Python applications, bridging finance with technology.

 

INTENSIVE STRUCTURE — FROM THEORY TO PRACTICE

The programme structure is carefully designed to lead students progressively from theory to practical application. Preparatory courses ensure a common academic background for all students, regardless of their undergraduate discipline, followed by specialized modules reflecting real industry needs.

Students develop competencies in financial modelling, valuation techniques, risk analytics, and data-driven decision-making through case studies, market simulations, and real-world datasets.

A key component of the programme is the Professional Internship (15 ECTS), which provides hands-on experience in portfolio analysis, credit assessment, due diligence, and financial reporting. Professional Development Seminars with Python applications further strengthen skills in data visualization and financial analytics.

 

EXPERIENTIAL LEARNING AND INDUSTRY ENGAGEMENT

Professional workshops are offered during each semester, focusing on:

  • financial modelling and valuation in real investment projects
  • risk analysis and investment decision-making in real market scenarios
  • use of modern financial tools and technologies
  • development of professional presentation and strategic decision-making skills.

These workshops complement the academic curriculum and are delivered with the participation of industry experts.

 

EDUCATIONAL STUDY VISIT

During the second semester, students may participate in an educational study visit abroad to financial centres, organizations, or companies. This experience enhances exposure to international professional environments and provides valuable insights into global financial practices and industry trends.

 

TARGET AUDIENCE

The programme is addressed to graduates who wish to build or advance a career in the financial sector, as well as to those pursuing academic or research paths. Specifically:

  • Recent graduates in economics, finance, business administration, accounting, mathematics, or related fields
  • Young professionals working in banks, audit firms, investment organizations, or financial institutions
  • Professionals from related sectors (consulting, accounting, FinTech, corporate strategy) seeking to transition into finance roles
  • Candidates preparing for international professional certifications in finance and investments

Key Features

Duration 3 semesters plus a summer internship period
Credits 90 ECTS
Language Greek
Tuition €5,125 (total programme)
Intake 15 students per academic year
Start September 2026 (Fall semester)
Admission model Rolling basis — applications evaluated in order of submission

Intended Learning Outcomes

Knowledge — On successful completion, graduates will be able to:

  • Explain the theoretical foundations of financial management, corporate finance, and investment analysis.
  • Describe the structure and functioning of financial markets and the principal financial instruments used by firms and investors.
  • Identify contemporary approaches to portfolio management, financial risk management, and the valuation of assets and companies.
  • Recognise the role of alternative and sustainable (ESG) investments within modern investment practice.

Skills — On successful completion, graduates will be able to:

  • Apply quantitative and statistical methods to the analysis of financial data and decision-making.
  • Analyse and interpret financial statements to assess the financial position and performance of an organisation.
  • Value financial assets and companies, and appraise investment opportunities using appropriate techniques.
  • Use modern analytical tools, including programming applications in Python, to support financial analysis.
  • Construct, manage, and evaluate investment portfolios and design risk-management strategies.

Competences — On successful completion, graduates will be able to:

  • Exercise analytical thinking and ethical decision-making in professional financial contexts.
  • Operate effectively in professional roles in banking, investment, consulting, audit, and corporate finance.
  • Conduct independent applied research on a financial-analysis problem and communicate findings to a professional audience.
  • Engage in continuing professional development, including preparation for international certifications such as the CFA.

Programme Coordinator

Programme Coordinator: Professor Panayiotis Andreou — panayiotis.andreou@cut.ac.cy, +357 25002286.

The programme comprises 90 ECTS delivered over three semesters plus a summer internship period. Two preparatory courses are offered on a pass/fail basis with no ECTS credit before the taught semesters begin. Semesters 1 and 2 consist of mandatory courses; the summer period includes a credit-bearing internship and a professional development seminar; the final semester offers elective options.

Preparatory Courses (Pre-semester — Pass/Fail, no ECTS)

Code Course ECTS
FAMS 501 Introduction to Finance Pass/Fail — 0
FAMS 502 Introduction to Statistics Pass/Fail — 0

Semester 1 — Mandatory (30 ECTS)

Code Course ECTS
FAMS 507 Financial Analysis 7.5
FAMS 509 Quantitative Financial Analysis 7.5
FAMS 544 Financial Statements Analysis 7.5
FAMS 551 Asset Valuation and Investing 7.5

Semester 2 — Mandatory (30 ECTS)

Code Course ECTS
FAMS 508 Corporate Financial Management 7.5
FAMS 563 Investment and Financial Risk Management 7.5
FAMS 559 Applied Portfolio Management 7.5
FAMS 560 Alternative and Sustainable Investments 7.5

Summer Period (15 ECTS)

Code Course ECTS
PLA 500 Professional Internship and Career Development 15
FAMS 531 Professional Development Seminar: Applications in Financial Analysis with Python 0

Semester 3 — Elective (15 ECTS)

Code Course ECTS
FAMS 566 Business Research Project in Financial Analysis 15
FAMS 561 Business Valuation 7.5
FAMS 566 Business Ethics and Governance 7.5

Preparatory Courses (Pass/Fail, no ECTS)

FAMS 501 — Introduction to Finance

Pass/Fail — no ECTS

FAMS 502 — Introduction to Statistics

Pass/Fail — no ECTS

Semester 1 — Mandatory

FAMS 507 — Financial Analysis

7.5 ECTS

FAMS 509 — Quantitative Financial Analysis

7.5 ECTS

FAMS 544 — Financial Statements Analysis

7.5 ECTS

FAMS 551 — Asset Valuation and Investing

7.5 ECTS

Semester 2 — Mandatory

FAMS 508 — Corporate Financial Management

7.5 ECTS

FAMS 563 — Investment and Financial Risk Management

7.5 ECTS

FAMS 559 — Applied Portfolio Management

7.5 ECTS

FAMS 560 — Alternative and Sustainable Investments

7.5 ECTS

Summer Period

PLA 500 — Professional Internship and Career Development

15 ECTS

FAMS 531 — Professional Development Seminar: Applications in Financial Analysis with Python

0 ECTS

Semester 3 — Elective

FAMS 566 — Business Research Project in Financial Analysis

15 ECTS

FAMS 561 — Business Valuation

7.5 ECTS

FAMS 566 — Business Ethics and Governance

7.5 ECTS

Admission Requirements

Who the Programme Is For

The programme targets recent graduates in economics, finance, management, accounting, mathematics, or the sciences, as well as working professionals in banking, audit firms, investment organisations, consulting, accounting, FinTech, and corporate strategy, including those preparing for international certifications such as the CFA.

Eligibility

Admission Model

Applications are evaluated on a rolling basis, in order of submission. There are 15 places available per academic year, with intake commencing in September 2026.

Required Documents

Language Requirements

How to Apply

Applications and supporting documents are submitted online through the University's portal.

Tuition Fees

Total programme cost: €5,125 for the entire programme.

See the University's central tuition and fees page for the full fee schedule, payment terms, and any programme-specific exceptions.

Scholarships

Full and partial scholarships are available for academically distinguished students or those meeting specific criteria.

The programme combines strong theoretical training with modern analytical tools and applied, professionally relevant knowledge. Learning is reinforced through data-driven finance, including programming applications in Python, a professional development seminar, and a credit-bearing internship that places study in a real professional setting.

Applied and Data-Driven Learning

Students develop hands-on competence with contemporary analytical tools. The Professional Development Seminar (FAMS 531) focuses on applications in financial analysis using Python, and quantitative methods are embedded across the taught courses.

Professional Internship

The Professional Internship and Career Development course (PLA 500, 15 ECTS) gives students structured workplace experience and career-development support as a formal, credit-bearing component of the programme.

Applied Research

Students may undertake the Business Research Project in Financial Analysis (FAMS 566, 15 ECTS), conducting an independent applied investigation of a financial-analysis problem.

Delivery Mode and Attendance

Professional Recognition and Career Prospects

Professional Recognition

The programme content aligns with the Chartered Financial Analyst (CFA®) examination frameworks; the programme is not, however, an official CFA-endorsed programme.

Career Prospects

Graduates develop analytical thinking, technical expertise, practical experience, and ethical decision-making, and pursue careers across the following sectors and roles:

Banking and Financial Institutions

  • Financial analysis
  • Credit risk assessment
  • Investment product design
  • Portfolio management
  • Treasury operations

Investment and Asset Management Firms

  • Investment analysis
  • Portfolio management
  • Investment strategy roles

Consulting and Audit Firms

  • Financial analysis
  • Business valuation
  • Due diligence
  • Mergers and acquisitions (M&A) advisory
  • Financial planning
  • Risk management

Forex and Foreign Exchange Companies

  • FX analysis
  • Currency trading
  • Risk hedging

Wealth Management Firms and Family Offices

  • Financial planning
  • Investment advisory
  • Portfolio strategy development

Alternative and Sustainable Investment Organisations

  • ESG investing
  • Impact funds
  • Green bonds
  • Sustainable finance

Corporations and Multinational Organisations

  • Corporate finance
  • Treasury management
  • Strategic financial decision-making

Employment Statistics

Student Support and Resources

Academic Advisor

Assigned at enrolment to guide course selection, academic progress, and career planning.

Learning Development Network (LDN)

Technical support, study skills, writing support, and AI literacy training.

Career Services

Career counselling, CV review, interview preparation, and networking events. The programme's Professional Internship and Career Development course (PLA 500) provides additional structured career-development support.

Library

Access to academic databases, e-journals, and citation management tools (EndNote, Zotero).

Counselling Services

Confidential support available in-person and remotely.
Email: counseling@cut.ac.cy · Tel: +357 25 002 500 (24/7)

Programme Coordinator

Professor Panayiotis Andreou
Email: panayiotis.andreou@cut.ac.cy · Tel: +357 25002286

Department

Department of Finance, Accounting and Management Science
Faculty of Management and Economics
Cyprus University of Technology
Arch. Kyprianou 30, 3036 Limassol, Cyprus
Tel: +357 2500 2500
Email: administration@cut.ac.cy

General Enquiries

Student Services and Information Centre
Email: kep@cut.ac.cy
Tel: +357 25 002710/11

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