
School of Economics & Business
- BA (Hons) Marketing, PR & Advertising
- BSc (Hons) Economics & Finance
- BA (Hons) Business Management
- BA (Hons) Business Management (Marketing)
- BA (Hons) Business Management (Finance)
- BA (Hons) Business Management (Human Resource Management)
- BA (Hons) Business Management (Supply Chain & Logistics)




ΜΒΑ Global Finance
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No1 ΜΒΑ in Greece (1989).
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Global MBA in Finance, with a strong international perspective.
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No1 in Greece | Ranked among the Top 301–400 universities worldwide for Management Studies.
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Executive MBA with flexible study options.
Course Information
The School of Economics & Business at Mediterranean College was one of the first business schools established in Greece (1977) and the first to offer an MBA (Master of Business Administration) in 1989. With international recognition, a strong presence and extensive professional networks, it is a member of the Accreditation Council for Business Schools & Programs (ACBSP). The MBA Global Finance has been designed by the University of Derby, ranked among the Top 301–400 universities worldwide for Management Studies, according to the Times Higher Education World University Rankings 2024. At the same time it focuses on Finance, covering in more detail issues on international finance and mergers and acquisitions.
During the course, students discuss topics on strategic management, business research and decision making while putting them into their own, business context. Highlight of the programme is the independent study which students undertake, where they have the opportunity to further develop their research and problem solving skills in Financial Management.
The programme’s distinctive approach and flexible delivery make it an Executive MBA that attracts middle and senior managers from businesses and organisations across both major urban centres and regional areas, with diverse academic backgrounds and professional experience spanning a wide range of industries.
What you will learn
Today’s business environment is evolving at an unprecedented pace, creating new challenges as well as unique opportunities. Our programme prepares the business leaders of tomorrow by equipping them with contemporary knowledge, practical skills and a leadership mindset, enabling them to innovate, create value and lead organisations towards a sustainable and competitive future. With a strong emphasis on sustainable development and the United Nations Sustainable Development Goals (SDGs), students gain a comprehensive understanding of modern business practices and their positive impact on society, the economy and the environment.
Through an international and collaborative learning environment, participants develop a valuable professional network while gaining hands-on experience through real-world business projects and social impact initiatives. Teaching is delivered by experienced academics and industry professionals with a strong presence in both business and research, ensuring a high-quality education that is fully aligned with the evolving needs of contemporary organisations worldwide.
Particular emphasis is placed on bridging theory and practice through integrated modules that encompass the full spectrum of business functions, with a particular focus on Financial Management. The programme culminates in a dissertation, enabling you to further develop your research capabilities and problem-solving skills within the field of finance.
Courses
Responsible and Authentic Leadership
The Responsible and Authentic Leadership module explores the principles, theories, and practices of authentic leadership in contemporary organizational contexts. It delves into the concepts of responsibility, authenticity, and integrity in leadership, emphasizing their importance in fostering trust, engagement, and sustainable performance. The module challenges the notion that leadership is a prescribed set of behaviors and allows students to examine and explore new leadership styles that adopt relational and behavioral skills. Students will develop the knowledge, skills, and attitudes necessary to become responsible and authentic leaders who can inspire positive change and contribute to the greater good. Successful completion of the module will enable students to engage with classic leadership theories, apply responsible and authentic leadership principles to address contemporary organizational challenges, and critically reflect on their personal leadership style and values.
Sustainable Business Operations
The importance of environmental, social, and governance (ESG) considerations in business operations has increased due to global issues and the pandemic. Companies have shifted their operations, logistics, procurement, and delivery methods, emphasizing the need to integrate sustainability into operational strategies. This module aims to provide students with the opportunity to critically evaluate theories, concepts, and tools, and apply them in real-life projects. It addresses the United Nations Sustainable Development Goals (SDGs), such as industry innovation, responsible consumption, economic growth, reduced inequalities, and good health. Students will develop sustainable business operations, analyze technology-based processes, and develop comprehensive management strategies.
Entrepreneurship and Innovation
Entrepreneurship is a crucial approach to innovation, spanning various forms of organizations and driving social and economic growth. In today's global environment, students need to develop an entrepreneurial mindset to start their own business or be enterprising employees. This module aims to support students in developing entrepreneurial skills, such as planning and promoting a value-added product or service, critically evaluating entrepreneurial models, developing personal development goals, and exploring digital marketing. Students will learn about opportunity recognition, risk evaluation, historical entrepreneurial contexts, market research, problem-solving, leadership, management, and negotiation, civic and social responsibility, action, digital marketing strategies, and interpersonal, negotiation, and communication skills. The module is progressive, allowing students to practice and demonstrate their skills to deliver value to stakeholders and reflect on their experience. The module is designed to help students understand the challenges and opportunities in a rapidly changing entrepreneurial environment.
Digital Marketing Strategies for International Markets
This module aims to enhance students' understanding of digital marketing strategies and their suitability in international markets. It focuses on how digital marketing can support progress towards UN Sustainable Development Goals, such as decent work, economic growth, industry innovation, responsible consumption, and partnerships. Successful completion will enable students to demonstrate strategic implications, critically assess innovative strategies, and develop a strategic plan for implementing digital marketing tools. The module covers digital environmental analysis, customer profiling, market intelligence, strategy modeling, and the future digital landscape.
Strategy, Finance and Business Transformation
This module aims to develop understanding of strategic management, financial performance, and risk in the pursuit of organizational competitive advantage. It focuses on understanding the scope and direction of an organization's vision, mission, and objectives, addressing Ethics, Sustainability, and Governance (ESG) aspirations and elements of the United Nations' Sustainable Development Goals (SDGs). The module follows a sequential process of strategic analysis, strategic choice, and strategic implementation, resulting in changed actions or business transformation. It challenges students to critically evaluate contemporary research and debates on the relationship between mission, vision, organizational objectives, and stakeholder approaches to satisfying ESG and SDG aspirations. It also examines the performance of an organization, identifying and assessing financial and non-financial risks, and proposing courses of action to mitigate these risks and build organizational resilience. The module covers areas such as strategic management in a changing environment, managing strategic change, vision, mission, AI impact, financial health, stakeholder analysis, forms of organizational transformation, managing change, and building organizational resilience.
Business Analytics for Strategic Decision Making
This module focuses on business analytical methods and tools for strategic decision making, addressing ethical, data protection, and governance issues. It introduces statistical inference, hypothesis testing, forecasting, and analytical problem-solving techniques. Students will learn to explore, describe, visualize, analyze, and interpret data using statistical analytics software and Generative AI. Successful completion will enable students to understand data privacy, security, ethics, big data, and data analytics, use descriptive analytics techniques, select appropriate statistical tools, and critically evaluate and communicate insights to aid business decision-making.
Independent Study: Research Methods
Independent Study is a crucial part of a master's program, allowing students to conduct in-depth investigations into a significant management problem or business issue. This module enhances students' knowledge and intellectual skills, preparing them for specialist programmes and guiding future development. By developing and applying an analytical framework, participants enhance their competencies for future business, management, and finance research. Successful completion of the module enables students to design a research project that critically evaluates a problem or issue, meet ethical guidelines, and reflect on the process of independent research. Independent Study is a major learning experience, allowing students to pursue a specific area of management and business strategy with academic rigor.
Independent Study: Dissertation
Independent Study is a crucial part of a master's programme, allowing students to conduct in-depth investigations into management problems or business issues. This module enhances knowledge and intellectual skills gained during the Independent Study: Research Methods module, allowing students to explore relevant topics. Successful completion of the module enables students to develop and apply analytical frameworks, enhance their competencies for future research, and plan their own development. The Independent Study: dissertation module is a major learning experience, allowing students to pursue a specific area of business, management, and strategy with academic rigor. Each study is supervised by a Supervisor.
The MBA Global Finance has been designed to offer senior executives, as well as those aiming at senior management positions in Finance, the opportunity for academic and professional development. It addresses people who wish to broaden and enrich their existing managerial experience and further develop their skills and knowledge. The participants of the programme must be capable of absorbing new knowledge and applying it into different contexts. The ΜΒΑ Global Finance of Mediterranean College attracts individuals from the private, public and non-profit sector. The learning experience is further enhanced by the wide range of professional and academic background of participants.
Requirements for Admission:
- University degree in any discipline
- At least two years of working experience
- High school leaving certificate + extensive managerial experience (for non-University graduates)
- Good knowledge of the English language (Level B2), for those who choose the English version of the MBA
Requirements for Registration:
- Copy of last certificate of studies*
- CV (in English)
- Work Experience certificate
- Reference Letters (2)
- Good knowledge of English (CAE, IELTS 6.5, TOEFL 220, or equivalent IELTS 6.5 level or equivalent) – for the MBA taught in English **
- Academic interview
- Photos (2)
- Copy of ID-Card/ passport
*Candidates without a first degree are also encouraged to apply for the programme. Factors like the possession of other professional qualifications, proven managerial experience and commitment to continuing personal & professional development, may contribute to the admission to the programme.
** Candidates without official English language certificates can sit the English language placement test of Mediterranean College.
The MBA stretches across two, full academic years, comprising six (6) 20-credit modules, two (2) 0-credit modules focusing on professional development and a diploma thesis of 60 credits.
| Year 1 | Year 2 | ||
| Semester 1 | Semester 2 | Semester 3 | Semester 4 |
| Strategic and Financial Performance Management | Business research Methods and Data Analysis | Critical Perspectives in Strategic Management and Leadership | Mergers and Acquisitions |
| • Fundamental analysis of corporate performance
• Shareholder value creation • Capital Investment Appraisal • Budgeting • Strategic management accounting |
• Primary data collection methods and tools
• Basics of qualitative and quantitative research designs • Secondary data collection • Sampling techniques and analysis • Content analysis
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• Managing Strategic Change
• Leadership styles and organisational cultures • Corporate Governance, Social Responsibility and Ethical issues • Globalisation and Strategic management theories • Innovation • Corporate Level Strategy and culture
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• Financial and strategic acquisitions
• Capital budgeting • Corporate strategy and organising for acquisitions • Leveraged buyouts • Deal structuring and negotiation • Target valuation • Financing the acquisition • Legal issues • Bid strategies and tactics • Defences against takeovers • Post-acquisition integration and organisational learning |
| Transforming Personal Skills | International Finance | Global Strategic Operations Markets and Resources | Career Coaching and Mentoring |
| • Self-Management, time management, prioritizing, meeting deadlines
• Communication skills • Presentation skills • Team working • Personal organization and Planning • Problem Solving • Academic practice – Critical, professional and academic writing skills, avoiding plagiarism |
• Global financial system
• Spot and forward market • Purchase Power Parity, Interest Rate Parity • Hedging • Settling international transactions • Capital structure • Eurocurrency and Eurobonds Short • International investment appraisal methods |
• Business Operations as a System
• Sustainability •The impact of the complex external environment • Understanding the needs and values of customers • Marketing tactics • innovation • Product and services designs, 7Ps • Marketing planning, • Strategic marketing |
• Understanding personality and personal style at work;
• Leading self and others • Authentic leadership • Emotional Intelligence • Coaching skills • Giving and soliciting feedback • Self-assessment/ evaluation tools |
| Independent Study (60c) | |||
The programme develops progressively, thus allowing students to enhance and apply skills on critical analysis and synthesis, strategic thinking and evidenced based practice. Emphasis is placed on putting theory into practice, with interconnecting modules that integrate the whole spectrum of organisational functions: strategic management, financial & risk management, leadership & human resources, marketing, operations & supply chain management. Modules are not designed in isolation to cover specific business functions. On the contrary, modules incorporate a wider content that covers the interaction of different management fields in an organisation (such as operations and marketing, financial and strategic management etc).
Learning and teaching is achieved through the use of modern methods, aiming to achieve maximum results: lectures, guest lectures, seminars, labs & workshops, tutorials, case study discussions, role plays, business simulations, and independent study.
Assessment methods also vary, including individual and group course-work, presentations, reports, self-reflections, online tests and real business projects. The combination of all these different assessment methods facilitates the development of students’ skills on communication, analysis – synthesis, problem-solving, writing presentation, and self-evaluation.
The student learning experience is further enhanced by the well-balanced mixture of the participants, who represent different academic and professional backgrounds, as well as the Mediterranean Business School’s further activities (such as the Student Excellence Conference, guest lectures, etc).
- Over 35 years of MBA excellence, as the first institution to offer an MBA in Greece (1989).
- Our most popular MBA programme, with over 150 students, chosen each year by numerous organisations for the professional development of their employees.
- A fully updated International MBA in Global Finance, offering a strong international perspective across all modules.
- Develops specialist, practical expertise in digital platforms, artificial intelligence and sustainable business practices.
- Your degree is awarded by the University of Derby, ranked among the Top 301–400 universities worldwide for Management Studies, according to the Times
- Higher Education World University Rankings 2024.
- Designed for working professionals, with flexible hybrid study (weekend delivery) and assessment through professionally focused coursework.
- Learn from experienced academics and accomplished business professionals with strong academic credentials and extensive industry expertise.
Study alongside middle and senior managers from Greek and multinational organisations, providing outstanding networking opportunities.
Graduates are holders of an accredited Master’s degree, professionally equivalent to those awarded by Greek Higher Education Institutions, and may enjoy the professional rights attached to their degree, after they proceed with the required recognition procedure by the Greek authorities.
MBA graduates have attained the required knowledge and skills to lead teams, departments, businesses and organisations within the Greek and international business context. They also have the necessary skills to start or develop their own business. If they wish, they can continue their academic studies towards a DBA or a PhD.
Testimonials
Studying at the MSc Marketing Management was a unique experience. I really enjoyed lectures and exchange of ideas in the class. I have developed skills in communication and team working and enhanced my research and analytical skills. Today, I feel very grateful to my professors and more confident for acquiring such important knowledge....
Antigoni Filipidou, MSc Marketing Management
My studies at Mediterranean College were the most creative and enjoyable period of my life, helped me to develop the elements of my personality. The conclusion; Never stop following your dreams....
Eleni Stamatiou, BA (Hons) Business (Marketing)
The MBA allowed me to acquire a lot of new knowledge, essential for my professional career. A great thanks to both my family for their support and professors for being such inspiring and supportive....
Dimitrios Orfanoudakis, MBA