Studying Banking and Accounting in Northern Cyprus | Top Universities

Studying Banking and Accounting in Northern Cyprus is well-suited for those aspiring to work in the financial and banking sector, which holds a crucial position across both government and private companies and banks.

In this article by Study More, we will discuss the significance of specializing in banking and accounting at universities in Northern Cyprus, the top universities for enrollment, and the associated study costs for each.

 

 

About the banking and accounting major

The Banking and Accounting specialization is a department within the College of Economics and Business Administration, where students are trained in analyzing and reviewing financial data while developing their theoretical and practical knowledge of financial markets. They learn how to invest using real market data within a virtual environment.

The academic program for the Financial and Banking Sciences specialization includes the study of the following:

• Financial Accounting
• Managerial Accounting
• Cost Accounting
• Business Finance
• International Finance
• Corporate Finance
• Financial Management
• International Financial Reporting Standards
• Markets and Financial Institutions
• Economics
• Investment

 

Studying banking and accounting in North Cyprus

Studying in Northern Cyprus offers many advantages. Firstly, you can enroll in universities that are accredited both regionally and internationally, increasing your chances of securing exceptional employment opportunities upon graduation.

Furthermore, Northern Cypriot universities are recognized by the Turkish Higher Education Council (YÖK) and offer their undergraduate and postgraduate programs under the supervision of the Higher Education Planning, Evaluation, Accreditation, and Coordination Council (YÖDAK).

When comparing tuition fees with European and American counterparts, you’ll find that studying in Turkish Cypriot universities comes at a lower cost, payable in installments. Additionally, obtaining university admission is made easy through educational service centers like Study More, the exclusive representative of the best Turkish Cypriot universities.

Northern Cyprus has become a favored destination for foreign students seeking education abroad. Approximately 40,000 international students from 140 countries study at its 20 universities.

 

 

What is the duration of studying banking and accounting in universities in Cyprus?

The duration of study for banking and accounting in universities in Cyprus is 4 years, comprising 8 academic semesters. After completing this program at Turkish Cypriot universities, students are awarded a bachelor’s degree in financial and Banking Sciences. Medium of instruction is conducted in English.

 

The most famous universities for studying banking and accounting in Northern Cyprus

1-  Near East University

Near East University offers students in the Banking and Accounting department an academic program that develops the theoretical and practical knowledge required in managing the banking and accounting fields within markets and financial institutions.

Studying banking and accounting at the university provides you with an opportunity for professional training at Near East Bank, owned by the university. This enables you to acquire skills for working in the banking sector and qualify for top positions in banks and major companies.

 

 

Banking and accounting tuition fees at Near East University

The tuition fees for each academic year in the Banking and Accounting specialization at Near East University are 2,665 euros. Students pay this amount in two installments: 1,335 euros and 1,333 euros.

 

2-  Bahçeşehir University Cyprus

The academic program for Bachelor of Science in Financial and Banking Sciences at the renowned Bahçeşehir Cyprus University focuses on educating students about all aspects of the banking sector in the international context for financial intermediaries, providing them with a unique educational experience.

It offers students the knowledge, understanding, and skills necessary to analyze and evaluate real and complex financial problems for banks and financial institutions based on financial competencies while developing their abilities in finding solutions to these problems.

 

 

Fees for studying banking and financial sciences at Bahcesehir University

The tuition fees for the Faculty of Financial and Banking Sciences at Bahçeşehir Cyprus University amount to $3,025, which the student pays per academic year, at a rate of $1,500 per semester.

 

3- Cyprus International University

The Accounting and Finance program at the International University of Cyprus aims to develop the necessary skills for students to excel in fields related to banking and finance, providing them with a competitive edge. This is particularly true after the program received accreditation from the International Accreditation Council for Business Education (IACBE) on September 17, 2018.

The program consists of theoretical and practical courses, along with additional courses in international law, economics, business management, and international relations. The university also offers the opportunity to pursue a dual specialization through these programs.

 

Accounting and Finance tuition fees at Cyprus International University

The tuition fees for the Accounting and Finance specialization at the International University of Cyprus amount to 3,098 euros per academic year. Students pay these fees in two installments: 1,791 euros and 1,307 euros.

 

4- University of Kyrenia

Through the Finance and Banking Department at the University of Kyrenia, students study the fundamental principles of contemporary finance. In addition, they learn about the foundations of strategic planning, accounting, finance, and procurement.

 

 

Costs of studying banking and finance at the University of Kyrenia

The tuition fees for the Finance and Banking specialization at the University of Kyrenia start from 2,800 euros, which the student pays per academic year.

 

5- Eastern Mediterranean University

The academic program of the Financial and Banking Sciences Department at Eastern Mediterranean University aims to prepare qualified bankers and financiers to work in both the banking and finance sectors within commercial institutions and financial markets.

This is achieved by equipping students with theoretical and practical financial analysis techniques, as well as teaching them how to efficiently utilize information and communication technology in banks and financial institutions.

The program also includes training students at the end of the third academic year in banks and financial institutions, enhancing their knowledge of the sector and increasing their employment opportunities after graduation.

 

Tuition fees for banking and financial sciences at Eastern Mediterranean University

The tuition fees for the Banking and Accounting specialization at the Mediterranean University amount to 4,829 dollars per academic year.

 

What are the fields of work in banking and accounting?

“Accounting and Finance” is one of the most highly demanded specializations in the business field, making it one of the departments that has seen an increase in interest for its study in recent years.

After obtaining a bachelor’s degree in Banking and Accounting, you can work in the financial departments of companies, banks, financial centers, and both private and public businesses. This includes roles in:

• Independent auditing firms.
• Government and private banks.
• Stock markets.
• Intermediary and financial institutions.
• Accounting departments within organizations.
• Investment brokers or specialists in financial markets.
• Independent accounting and financial consulting.

 

 

Documents required to study banking and accounting in Cyprus universities

To enroll in Bachelor’s programs in Banking and Accounting at one of the Turkish Cypriot universities in Cyprus, you are required to submit the following documents:

• A personal photo.
• A copy of your passport.
• A copy of your high school diploma.
• A copy of your high school transcript.
• An English language proficiency certificate if available.

 

Finally, studying Banking and Accounting in Northern Cyprus is your pathway to working in both public and private financial institutions and banks. Additionally, it opens doors for roles as a broker or specialist in investment within intermediary institutions operating in the securities market.

If you’re interested in learning more about Bachelor’s, Master’s, or Ph.D. programs in Banking and Accounting at any of the Northern Cypriot universities, feel free to reach out to us now for a free educational consultation.

If you’re looking for a direct and easy university admission process, please contact our company Study More through the attached WhatsApp number.

 

Edited by: Study More^©