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Accounting

BSc
Bachelor of Sciences

A program that puts you on the fast-track to professional qualifications with 9 exemptions for ACCA and 12 exemptions for ICAEW

Accounting at EUC

The BSc in Accounting at EUC prepares students to achieve great success in today’s accounting industry.  Accountants are always in high demand.  A valuable and versatile degree, the program’s curriculum covers the most current knowledge and emphasizes the skills needed in the private and public sectors, and to pursue further qualifications through the leading professional accounting bodies—ACCA, ICAEW, AIA and CIMA.

Students earn up to 9 exemptions for the ACCA and up to 12 exemptions for the ICAEW (ACA) while completing their bachelor’s degree to fast-track their completing professional qualifications.  Internships connect students with the “Big Four” global accounting firms as well as with other international and local accounting firms, corporations and government sector agencies.

Program Summary

Languages: English
Duration:4 years
Mode of Study:On Campus
ECTS:240

Our graduates work in:

  • Accountancy
  • Taxation
  • Audit
  • Government
  • Trading
  • Banking

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Admission Process

Scholarships and Financial Aid

Student Housing

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Recognized by ACCA and ICAEW

The EUC Accounting degree is recognized by the UK's leading professional bodies of ACCA and ICAEW.

Exemptions from ACCA and ICAEW

Accounting graduates qualify for 12 exemptions out of the 15 papers of the Association of Chartered Accountants in England and Wales (ICAEW) and 9 of the 13 papers of the Association of Certified Chartered Accountants (ACCA).



Employed by the Big Four

Graduates of the program are employed by the largest multinational professional services (auditing and accounting) firms operating in Cyprus including PWC, KPMG, Deloitte, EY

Qualifying the Trainees

Accounting firms trust the School of Professional Studies at EUC to prepare their trainees for the examinations of ACCA and/or ICAEW.

Highest Passing Marks

Trainees have achieved top results worldwide in papers such as Advanced Taxation (87%), Financial Reporting (94%), Advanced Audit and Assurance (79%)

ACCA–EUC Scholarship and Apprenticeship Program

The ACCA–EUC Apprenticeship Program is an innovative initiative developed by the European University Cyprus (EUC) in collaboration with the Association of Chartered Certified Accountants (ACCA). This program is further strengthened through strategic partnerships with two of the world’s leading professional services firms—EY Cyprus and KPMG.

Aimed at academically strong and motivated students who wish to pursue undergraduate studies in Accounting, Finance, and related fields, this exclusive program bridges academic learning with real-world professional experience. Through this unique collaboration, selected students will have the opportunity to undertake part-time apprenticeships at EY Cyprus or KPMG, working alongside seasoned professionals in areas such as audit, tax, and advisory services.

The program offers a range of significant benefits:

  • Paid part-time employment during the academic year, providing valuable hands-on experience in a professional environment.
  • Subsidized tuition fees or annual scholarships, supporting students financially throughout their studies.
  • Fast-tracked progression toward the ACCA Qualification, one of the most globally recognized credentials in accounting.
  • Personalized career mentoring and professional development, helping students cultivate the skills and mindset needed for long-term success.
  • Potential for full-time employment upon graduation with one of the partnering firms, based on performance.

This initiative is designed to attract high-potential candidates who are ready to combine academic achievement with practical training, and who are committed to launching successful careers in accounting and finance. It’s a program that integrates education, experience, and excellence—giving you a head start in the world of professional accounting.

Professional Credentials by CFA

The CFA Institute is a global, non-profit organization that sets and upholds the highest professional and ethical standards in the financial industry. It awards the world’s leading professional designation in finance, the Chartered Financial Analyst (CFA), for which European University Cyprus offers three annual scholarships. In addition to the CFA designation, the CFA Institute provides a range of respected professional credentials, including the Investment Foundations® Certificate. This certificate complements the AEF350 Investments course and equips students with essential knowledge of investment principles, ethics, and industry practices. By earning the Investment Foundations® Certificate, you demonstrate your commitment to academic excellence and professional development. It signals to potential employers that you take your education seriously, giving you a competitive edge in the job market and supporting your long-term career success.

View the past version of the program.

View the course distribution per semester.

Degree Requirements ECTS
Major Requirements 162
Accounting/Finance/Business Electives 60
Free Electives 18
Total Requirements 240
Major Requirements 162 ECTS
Code Course Title ECTS
AEF100 Principles of Microeconomics 6
AEF105 Business Statistics 6
AEF110 Introduction to Financial Accounting 6
AEF115 Principles of Macroeconomics 6
AEF120 Intermediate Accounting I 6
AEF125 Introduction to Managerial Accounting 6
AEF130 Tax Framework 6
AEF135 Essentials of Financial Analysis 6
AEF200 Intermediate Accounting II 6
AEF205 Introduction to Auditing 6
AEF210 Advanced Cost and Managerial Accounting 6
AEF215 Advanced Business Taxation 6
AEF220 Advanced Financial Reporting/Consolidations 6
AEF225 Advanced Audit and Internal Review 6
AEF230 Performance Management I 6
AEF300 Advanced Financial Reporting 6
AEF305 Performance Management II 6
AEF310 Financial Management and Control 6
AEF320 Corporate and Business Law I 6
AEF405 Corporate and Business Law II 6
BUS100 Introduction to Business 6
BUS210 Numerical Applications and Methods for Business 6
BUS315 Business Research 6
BUS400 Strategic Management 6
ENB220 Writing for Business Studies 6
ENB230 Business Communication in English 6
MGT100 Principles of Management 6
Accounting/Finance/Business Electives 60 ECTS
Students select ten (10) of the following courses:
Code Course Title ECTS
AEF240 Mathematics for Economists 6
AEF245 Financial Markets Regulations and Compliance 6
AEF315 Money and Banking 6
AEF335 Computer Applications in Accounting 6
AEF345 Tax Compliance II 6
AEF350 Investments 6
AEF355 Portfolio Management 6
AEF360 Audit & Assurance I 6
AEF365 Audit & Assurance II 6
AEF400 Internship 6
AEF410 Internal Audit 6
AEF420 Business Tax Planning II 6
AEF425 Business Tax Planning III 6
AEF430 Tax Compliance III 6
AEF435 Audit & Assurance III 6
AEF440 Financial Accounting Reporting I 6
AEF445 Financial Accounting Reporting II 6
AEF450 Financial Accounting Reporting III 6
AEF455 Multinational Corporate Finance 6
AEF460 Financial Risk Management 6
AEF470 Options and Futures 6
AEF475 Econometrics I 6
BUS220 Innovation and Entrepreneurship 6
BUS300 International Business 6
BUS405 Undergraduate Thesis 12
BUS420 Business Simulations 6
MAR100 Introduction to Marketing 6
MGT150 Organizational Behaviour 6
Free Electives 18 ECTS
Click here to view the teaching personel.