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Business Management & Marketing
Business Administration (Real Estate)
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Business Administration (Real Estate)

University of Nicosia
Nicosia, Cyprus
 1243 Points
4 Years

Program Description


- Gain expertise in Business Administration and in one of the following concentrations: Energy Oil and Gas Management; Entrepreneurship and Innovation; Finance and Economics; Human Resource Management; Information Systems and Social Media; Management; Marketing Communications; Public Administration; and Real Estate.

- Demonstrate knowledge of business processes and an ability to assess industry attractiveness, identify risks and opportunities of doing business in a global environment.

- Choose and apply appropriate quantitative or qualitative methodologies to analyse problems and utilize modern technological and analytical tools necessary to support decision-making in organisations.

- Develop leadership and organisational skills towards communicating vision, inspiring employees and promoting innovation and change.

- Identify and evaluate ethical issues and communicate justifiable resolutions for practical situations.

- Demonstrate proficiency in communication and develop teamwork skills.

Specific Concentration Objectives:

- Gain a systematic understanding of real estate-related problems, methods and tools for analysing and evaluating the real estate and property industry.

- Develop an understanding of the planning policy and implementation process, and acquaintance with the legal and taxation aspects of the real estate industry.

- Apply tools to determine market trends and values in the real estate industry.

First and second-year courses offered also in Greek.

Entry Requirements

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High School Diploma (or equivalent)
English Level
TOEFL (internet based)
Cambridge Proficiency (CPE)
Cambridge Advanced (CAE)
A levels
TOEFL (paper based)

Information about admission:

  • The minimum admission requirement to an undergraduate programme of study is a recognized High School Leaving Certificate (HSLC) or equivalent internationally recognized qualification(s) and mark sheet. Students with a lower HSLC grade than 7.5/10 or 15/20 or equivalent depending on the grading system of the country issuing the HSLC are provided with extra academic guidance and monitoring during the first year of their studies.

Other English qualifications and information:

  • Students who do not possess any of the English qualifications or stipulated grades listed above and below and hold IELTS with 4.5 and above, are required to take UNIC’s NEPTON English Placement Test (with no charge) and will receive English Language support classes, if and as needed, from UNIC’s International Gateway Centre (IGC).
  • Computer-based TOEFL – 193 and above
  • Michigan Examination of Proficiency in English (CaMLA) – Pass
  • Pearson PTE General – Level 3 and above
  • KPG (The Greek Foreign Language Examinations for the State Certificate of Language Proficiency) – Level B2 and above
  • Anglia – Level B2 and above
  • IEB Advances Programme English – Pass


Year 1

Semester 1:
Accounting I
Principles of Microeconomics
Basic Writing
Finite Maths with Applied Calculus
Business Software Applications

Semester 2:
Accounting II
Computer Fundamentals
Principles of Macroeconomics
Statistics I
Introduction to Management

Year 2

Semester 3:
Managerial Accounting
Organizational Behavior
English Composition
General Psychology I

Semester 4:
Business Ethics
Business Law
Business and Professional Communication
Managerial Finance
Principles of Sociology

Year 3

Semester 5:
Accounting Information Systems
Research Methods in Business
Introduction to the Real Estate Industry
Cyprus Property Law
Planning Policy and Implementation

Semester 6:
Statistics II
Property Taxation
Commercial and Residential Estate Management
Appraisal and Valuation Theory
Property Marketing

Year 4

Semester 7:
Information Systems Project
Quantitative Methods
Estate Agency Management
Property Development
Applied Valuation Methods

Semester 8:
Strategy and Business Policy
Operations Management
Real Estate Investment and Finance
Compulsory Acquisitions and Preservation


  • Real Estate Investment firm
  • Real Estate Equity firm
  • Estate Manager
  • Property Valuation Manager and Consultant
  • Real Estate Broker
  • Real Estate Agent
  • Development and Construction Industry
  • Appraiser
  • Investment and Banking Sector

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