MBA PROGRAMME 

VATEL Cyprus & FINAL International University

TUITION FEE

WITHOUT

SCHOLARSHIP

TUITION FEE

WITH

20%SCHOLARSHIP*

TUITION FEE

WITH

50%SCHOLARSHIP*

TUITION FEE

WITH

75%SCHOLARSHIP*

Total number of courses

20

20

20

20

Registration Fee

(Payable once only)

€1,450

€1300

€1300

€1300

Annual Fee

€6,000

€4,800

€3,000

€1,500

Total package (2 Years)

€13,450

€10,900

€7,300

€4,300

·     Minimum payment requirements for registration: must be €2300 (€1300 + €1,000€)

·      Total fee is inclusive of registration, social activity & transportation + 10% VAT.

·      An annual health insurance fee of 60 EUR payable directly to the Ministry of Health.

·      Graduates from unrelated Bachelor degree programs may be required to take a foundation programme as a bridging to the MBA, however students will be informed in this case.

·      Candidates with an IELTS score of 6.0 or above or TOEFL iBT score of 75 or above will proceed directly to the program.  All other candidates will take the University’s computer based VATEL English Test.  The outcome of this test will determine whether candidates proceed directly to the program or study one or two semesters Academic English courses offered by the School of Foreign Languages.  Candidates with results close to the required scores will be interviewed with an online skype interview with the VATEL office in Final International University.  If successful, the candidate will either proceed directly to the program or, in addition to the program courses, will take one or two Academic English non-credit language course(s) of 3 hours/week (US $350) per course.

·      The fee payable for the Academic English courses is US $1,460 per semester

Documents required for application:

1.       An official transcript with minimum CGPA of 2.50 out of 4.00 (or equivalent)

2.       Attested photocopy of bachelor degree

3.       A photocopy of your international passport

4.       Brief CV/resume for those candidates with work experience.  Candidates with CGPA’s of 2.00-2.49 may be acceptable subject to Faculty Board decision

** English translations of documents are necessary if they are in any language other than English