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University of Cyprus

Master of Science (MSc)
in 
Financial Analysis

Choose between Accounting and Investments

Get 10 ACA exemptions, 12 ACCA exemptions, and CFA alignment.

75% Funded. 100% Employed. UCY Quality. Guaranteed! 

UCY_Campus

A campus built for learning.

Two Paths One Powerful Degree

with a core in financial theory and reporting, data analysis & ethics.

You will be admitted directly into one of two paths:

Accounting or Investments.

Earn a rigorous degree that the market strongly values, as evidenced by

industry-funded sponsorships & guaranteed employment.

Duration

12 months for Investments.

16 months for Accounting.

Full time

On UCY campus.

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Language

English.

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Tuition: €12,500

Industry Sponsorship:  €9,375

Student Payment:  €3,125  

Are you...

Highly motivated and career-driven?


Looking for a rigorous, career-focused program?


Curious about how organizations make financial decisions?


Comfortable with numbers and analytical thinking?

Do you want to...

Learn from leading academics with global experience?


Combine knowledge with practical applications?


Fast-track your career in the financial industry?

Just choose your path...

that fits your personal and professional goals:

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- Accounting (ACA/ACCA)

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   or 

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- Investments (CFA)

Investments

Curriculum aligned with CFA. Strong 12-month preparation for a successful career in the investment industry.

Accounting

Earn up to 12 exemptions out of the 14 ACA modules (‘Chartered Accountant’) and 9 exemptions out of the 13 ACCA modules (‘Certified Accountant’).

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16 months full-time, including a 6-month placement.

9

September 2026

Classes Begin

Official start of the MFA program.

1

11 November 2026

Application Open

MFA application portal officially opens. Students can begin submitting their applications.

2

15 February

UCY Open Day

Campus - Come to meet us!

3

13 April

Application Deadline

Apply by this date to receive priority consideration for admission.

4

20 - 22 April

Admissions Interviews

Selected applicants attend admission interviews with the University of Cyprus.

5

24 April

Admission Decisions Released

Official acceptance notifications sent to successful applicants.

6

29 April

Industry Placement Event

Accepted students meet industry partners and begin placement interviews.

7

15 May

Industry Offers Begin

Industry partners start sending placement offers to students.

8

13 June

Enrollment Downpayment Deadline

Accepted students confirm their place by submitting the required downpayment.

7

15 May

Industry Offers Begin

Industry partners start sending placement offers to students.

8

13 June

Enrollment Downpayment Deadline

Accepted students confirm their place by submitting the required downpayment.

9

September 2026

Classes Begin

Official start of the MFA program.

Key Dates and Admissions Timeline

1 

11 November 2026

UCY Open Day

Learn about the programme, application process and opportunities available.

2

15 November 2026

Application Open

Submit your application from this date.

3

24 January 2027

Application Deadline

Make sure your application is submitted by the deadline.

4

03 February 2027

Meet the Employers — Round 1

Meet participating employers and explore potential opportunities.

5

30 March 2027

Wave 2 Assessment

Wave 2 candidates will be assessed by this date.

6

24 January 2027

Meet Employers — Round 2

Meet employers in the second round of the application process.

Department of Accounting and Finance

The MSc in Financial Analysis is offered by the Department of Accounting and Finance at the University of Cyprus, one of the leading research departments in Europe in Accounting and Finance.

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The Department ranks:

  • Top 200 worldwide in Finance (Arizona State University)

  • Top 230 worldwide in Financial Accounting (Brigham Young University)

  • 23rd worldwide in Actuarial Science & Risk Management (University of Nebraska–Lincoln)

 

#1 among Greek-speaking universities across these fields

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With strong links to international professional bodies, the Department combines academic excellence with real-world relevance.

OED

Frequently asked questions

  • Here is the application link.

  • To apply for the MSc in Financial Analysis, you will need:

    ​

    • Bachelor’s degree from a recognized university.

    • Very Good academic record.

    • Letters of recommendation (academic or professional).

    • Proof of English proficiency.

    • CV (résumé) with details of your education and experience.

    • Personal interview (if required by the department).

  • An Industry Sponsorship pays 75% of tuition of the accepted applicant. After applicants are accepted by the MFA program, they will be invited to a recruiting event with all industry sponsors. Industry sponsors will invite accepted applicants to submit their job applications and later interview them to offer them a job after the completion of the MFA program. Upon mutual agreement between the accepted applicant and the industry sponsor, the accepted applicant will be awarded the sponsorship directly from the industry partner. Check collaboration with Industry Leaders.

  • We have a rolling deadline and a rolling interview schedule. For the academic year of 2027-2028 here is the schedule:​

    1 

    11 November 2026

    UCY Open Day

    Learn about the programme, application process and opportunities available.

    2

    15 November 2026

    Application Open

    Submit your application from this date.

    3

    24 January 2027

    Application Deadline

    Make sure your application is submitted by the deadline.

    4

    03 February 2027

    Meet the Employers — Round 1

    Meet participating employers and explore potential opportunities.

    5

    30 March 2027

    Wave 2 Assessment

    Wave 2 candidates will be assessed by this date.

    6

    15 April 2027

    Meet Employers -Round 2

    Meet employers in the second round of the application process.

    7

    15 May

    Industry Offers Begin

    Industry partners start sending placement offers to students.

    8

    13 June

    Enrollment Downpayment Deadline

    Accepted students confirm their place by submitting the required downpayment.

    9

    September 2026

    Classes Begin

    Official start of the MFA program.

  • No. The program is open to both new graduates and early-career professionals.

  • Yes. Students on the Accounting track of the MSc in Financial Analysis can earn exemptions from professional accounting qualifications.

    • ACA (Chartered Accountant): Up to 12 exemptions out of 14 modules.

    • ACCA (Certified Accountant): Up to 9 exemptions out of 13 modules.

    The Accounting track includes a six-month internship, which counts towards the required professional experience.

    Exemptions are awarded subject to the applicable requirements and successful completion of the relevant courses.

    View the detailed ACA and ACCA exemption documents:

  • ​You can choose the Investments’ path that provides advanced courses in investments, financial derivatives and wealth management. Following the completion of the program in 12 months, you can start your job in the financial services sector and apply your knowledge and skills in the financial workplace.

  • 12500 euros. An industry leader will sponsor 9375 euros and the accepted student 3125 euros.

  • We accept students only in September, because of the structure of the program and the sequence that some courses follow.

  • Because the sponsoring organizations are operating in the EU, their sponsorships primarily apply for EU citizens. International students may still apply, but they are encouraged to complete their applications by January 10th.

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