Keystone logo
Cyprus

Study MBA in Cyprus 2024

Study in Cyprus

Earning a Business Degree in Cyprus

According to Cyprus' Higher Education website, the country's tertiary education system is heavily influenced by the European Higher Education Area as defined by the Bologna Process. Consisting of private and public universities, Cyprus' higher education programs are regulated by the Department of Higher and Tertiary Education, which also establishes curriculum specifics and tuition costs for public institutions.

Students may earn Bachelor's, Master's and Doctorate business degrees specializing in various aspects of the business and financial industry. Examples of degrees offered include the popular Master's of Business Administration, Human Resource Management, Tourism Management, Financial Management/Investment and Marketing Strategy.

Tuition Fees

Yearly tuition costs at public universities may vary from one school to another. Scholarships are available at most public institutions as well as postgraduate subsidies for students electing to work as instructor assistants, lab supervisors and tutors. Private university fees may be significantly higher than public university tuition so students considering a private school should check with the particular school in which they are interested for annual degree program expenses.

Why Earn a Business Degree in Cyprus?

Business degree students are guaranteed a quality education in Cyprus in addition to the prestige of earning an internationally recognized business degree. Cyprus also offers affordable living expenses and tuition costs minimized by the availability of scholarships as well as free medical insurance for anyone studying or working in Cyprus.

Change currency

Basic monthly living cost

  • Rent in a shared flat

    567

  • Share of utilities

    60

  • Internet subscription

    34

  • Local transportation

    40

Sample lifestyle cost

  • Fast food combo

    7

  • Cinema ticket

    10

  • Pint of local beer

    3

About Cyprus

Cyprus is an island country surrounded by the Eastern Mediterranean Sea and situated north of Egypt, south of Turkey, east of Greece and west of Turkey. Business students studying in Cyprus will discover that the northern part of Cyprus is officially called the Turkish Republic of Northern Cyprus. Because of this division, Cyprus has established Turkish and Greek as its official languages, with Cypriot Maronite Arabic and Armenia as minority languages.

Supported by a thriving tourism industry, Cyprus has a high, per capita income and an increasingly developed economy that ranks among the top 20 on the Human Development Index. Cyprus joined the EU in 2004 and the Eurozone in 2008. Consequently, the Euro is the currency in the Republic of Cyprus but not in northern Cyprus, where the Turkish lira is still used. Due to massive growth in Cyprus' real estate market over the past decade, students earning specialized business degrees oriented around investing, developing, selling and purchasing property in Cyprus will generally find the job market receptive and flexible in Cyprus.

Visa Requirements

What type of Visa do you need?

Visa name

Student Visa

Price and currency

EUR 40

The student visa fees vary and can be around 40 EUR. The fees may be subject to change.

Who can apply for the visa?

Candidates who are EU-nationals can enter Cyprus as visitors. On arrival at the educational institution, they must submit a number of documents to the admission office of the educational institution - see under "How to make the application?".

International students from non-EU countries need a student visa before entering Cyprus. Student visas are issued only to full-time international students. A full-time student is one who takes a minimum of 12 credits in a semester.

Where can you make the application?

Embassy/High Commission/Consulate of the Republic of Cyprus

You should apply in person at the Embassy / High Commission / Consulate of the Republic of Cyprus in your country of residence.

Website:

How to make the application?

Non-EU students:

You will need to provide the following documents when applying for your student visa:

  • A fully completed application form.
  • An application fee of 15-30 Cyprus Pounds (non-refundable).
  • Four (4) passport-size photographs.
  • Attested (certified true) copies of the student's academic qualifications.
  • Evidence of proficiency in English (if possible)
  • A photocopy of their passport. The passport should be valid for at least one (1) year from the date of the student's arrival.

The Admission Office will communicate details about the interview dates and required documents to candidates in time for the interview.

During the visa interview at the Embassy/ High Commission/ Consulate of the Republic of Cyprus, the candidate must present:

  • Original academic qualifications and their attested copies in English or in English translation. \
  • Their passport, valid for at least one (1) year from the date of their arrival to Cyprus
  • A recent certificate of good conduct issued by the police of the country of origin or residence.
  • A recent financial guarantee issued by the student sponsor's

Students must report to the educational institution on the first working day after their arrival in order to register and proceed with the remaining formalities needed for the issue of a temporary residence permit.
International students should register with the District Police Alien Branch within seven days as from the day of arrival in Cyprus.

EU students: On arrival at the educational institution, they must submit to the admission office of the educational institution the following:

  • A fully completed application form.
  • An application fee of 15-30 Cyprus Pounds (non-refundable).
  • Four (4) passport-size photographs.
  • Attested (certified true) copies of the student's academic qualifications.
  • Evidence of proficiency in English (if possible)
  • A photocopy of their passport. The passport should be valid for at least one (1) year from the date of the student's arrival.
  • A recent certificate of good conduct issued by the police of the country of origin or residence.

In addition to the above, candidates 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.

When should you apply?

You should apply for your student visa at least 2-3 months before your planned arrival to Cyprus.

The length of the student visa depends on the length of your study program.

Processing time

3 Months

Work opportunities

Normally, foreign students from non-EU countries are not allowed to work throughout their study in Cyprus. Exceptions can be created by the Government of the Republic of Cyprus for courses, where working permits may be issued to allow practical training throughout summer vacations.

Hours per week

0

Why do you need this type of visa?

Your visa application may be rejected if you are not able to show proof of the required funds, or if you provide incorrect or incomplete documents.

Please note: The student visa is issued for a specific educational institution. In case of the foreign student deciding to change an educational institution, one must then obtain a new residence permit.