The profession you have chosen... The activities of any business or organization present us with two different needs: the procurement of assets and the logging of every activity. The former created the science of Finance and the latter that of Accounting. One should also note that the utilization of Computers and Information Technology enables the electronic processing of financial and accounting data. The three parameters mentioned above form the basis of the ICBS curriculum. The programme is modern and effective, adopted to the contemporary requirements of the Greek market and able to cater for any future requirements. How to succeed... The ICBS students that follow Accounting and Finance come into contact with global market data so as to develop analysis skills and rationalization criteria. Student engagement in Information Technology, makes them a part of the modern business school of thought, teaching them how to make quick but correct decisions. They will be able to effectively handle any financial situation, from accounting to financing. Career Prospects The graduates of this program are able to respond to the requirements of the following, among others: Chief Financial Officer Business management consultant on financial and accounting operations Researcher on business finance and accounting, financial studies executive, financial analyst at banks and financial corporations Senior manager on financial analysis and financial programming Accounting manager, head of financial services, chief of finance Chartered accountant/tax technician 1st Year 2nd Year 3rd Year 4th Year 1st Semester Macroeconomics Details This module aims to give an introductory course in modern Macroeconomic theory and its applications. The scope of the lectures will be focused on familiarizing you with basic concepts of economic and monetary analysis, such as a) investment theory, b) the laws of supply and demand, c) monetary and fiscal policy, and d) international trade and economic development, among others. The theoretical framework of the lectures will be accompanied by case studies and workshops, which will focus on the interpretation and analysis of data, presented by a variety of sources of contemporary economic discourse. Information Technology Details The convergence of telecommunication as such the endless improvement of computer technology generates new structure in our personal and corporate life as well. Hardware and software are mandatory elements for a company in order to manage internal and external information flow. Accounting I Details The module introduces the students in the operation of Accounting and intends to present and adopt the modern techniques of registrations of the transactions and represent the financial situation of business. This is succeed with analytical presentation of the diary transactions, so that the accounting provides the financial protection of business, and is helping them to succeed their corporate goals. Computer Skills I Details Through study of cases, where they emanate from operational environments, the students will acquire an even and completed knowledge of the possibilities of the programs WORD and EXCEL and their practical applications in the various working areas. By the successful completion of the unit, the students will acquire the appropriate skills so that they can apply the essential techniques, in order to achieve the correct creation, appearance and functionalism of their documents, can organise spread sheets, with mathematic treatment of numerical data, can process the data, with the help of functions and can organise reports of statistical results. Management Skills Details The essence of Management concerns the role, functions and techniques of management. The module introduces students to the concept of management by exploring the roles and factions of managers and the way they will manage effectively in the business environment. It is also provides a framework for students to understand the inter-readiness of the different aspects of management and how they fit together in an organization. Students will study all of the areas (i.e. programming, types of goals, planning, steps of the process, who plans, why and when etc.). They will also be introduced the theoretical frameworks, concepts and principles, as well as, the research evidence that tests the theories. 2nd Semester Microeconomics Details This module is an introductory module where students are encouraged to develop a general understanding of the scope, nature and content of modern Micro economic theory and its applications. They will study the techniques of model building and analytical reasoning used in microeconomics. There is an emphasis on evaluating and solving real problems faced by market economies. Business Law Details The objective of the module is to approach Law in connection with People, Society, Economy and International Community. It will emphasize to the branch of Commercial and Business Law and in particular a) to the various types of trading companies recognized by Greek and E. U. Law, b) to the significance of cheque and bill of exchange and their application to commercial transactions and c) to the way that Greek law regulates bankruptcy. Accounting II Details The course is designed to provide the students with a further understanding of the total accounting process. They will understand the role of accounting in processing company data and controlling company assets. Further to the emphasis which is placed on understanding the reasons behind the required procedures and the learning of how to interpret financial data, students will be familiarized to the deeper analysis of the accounting situation in a corporation, the control of financial statements. Practical situations will be critically analyzed as case studies. Business Management Details This module will encourage students to develop an understanding of the main theoretical and conceptual frameworks and models that underpin analysis of all main operations of management. These frameworks will be developed and applied in appreciating the complexities involved in developing and applying policies and techniques to resource the organization. The module introduces students to the concept of management by exploring the roles and factions of managers and the way they will manage effectively in business environment. It also provides a framework to them in order to understand the importance of effective communication within an organization. 3rd Semester Introduction to Marketing Details The essence of marketing I module is to introduce students to the basic concepts of marketing. Furthermore, is to develop a basic understanding of marketing within a firm. Key contents include Philosophy of Marketing, micro and macro environment, consumer behavior, and marketing research. Emphasis will be given in theoretical analysis in order to develop basic marketing thinking. Operations Management Details This is a core module for Business Administration. It will concentrate operations and logistics / supply chain management which can be applied in general terms to almost all business activities from manufacturing, retailing, service and the public sector. Issues such as the business operations design, capacity management and control, customer service, inventory and distribution management, JIT and MRP philosophies, location and layout, new product and service development; production, operations procurement, quality management, queuing, supply chain management, and globalization which have become areas of concern in all organizations, will be discussed. The Operations Management module introduces a big-picture overview of these essential functions within a company. Business Statistics Details This course introduces students to the basic ideas of probability (and conditional probability), probability distributions (both discrete and continuous) and provides introductions to statistical inference. The module will be practically oriented focusing on the application of techniques and methodologies to a variety of sources and research questions and to the reading and interpretation of results, and the evaluation of their implications. The theoretical framework of the module will encourage students to identify and apply appropriate statistical techniques and methodologies for a variety of research questions, present and interpret statistical findings. Management Accounting Details The module introduces students to the role and purpose of the management accounting within a business. This module cover issues arising from the application of modern management accounting techniques, such as: the application of Balance Scorecard, preparation quality cost report; managing environmental cost; Just in time; international aspects of management accounting, information for short and long term decision making, impact of risk and uncertainty within decision making, cost planning and analysis within competitive situations, modern competitive environment and international aspects of management accounting. Computing I (access) Details 4th Semester Marketing Practice Details The main aspect of Marketing II module is to cover the deeper theoretical approach to marketing. The module introduce students to topics like pricing decisions on marketing, different pricing methods, basic concepts of advertising sales promotion, public relations and sales force management, franchising, and distribution channels. People and Organisations Details This module will enable students to acquire knowledge and understanding of the core areas of human resource management (HRM) and to apply these in a range of organisational settings. It provides students with an understanding of the issues involved in the staffing of organisations, including the recruitment and selection of staff, their training and development, the ongoing challenges in motivating different kinds of employees, both in terms of rewards and pay as well as through the ways individuals and groups can be supported in their work. Business Environment Details The main aspect of Business & International Environment module is to provide students with an understanding of the increasingly complex global business environment, the challenges and dilemmas this presents for managers and organisations, and the variety of organisational forms and corporate strategies employed in contemporary international business. The module cover the major trade flows in the world, the politico-economic rationale for international trade, the specific market environments in which companies will operate, the role and importance of multinational enterprises in international business and the various tariff and non-tariff barriers to international trade. Business Finance Details The module will introduce basic corporate and personal finance concepts, including the time value of money, financial markets, shares and bonds, financial risk and return, and the elements of investment. Student will become familiar with the key topics in financial theory and application as a basis for further studies in finance. The module also will introduce students to fundamental concepts underlying financial management, including how a business is financially structured and how to plan financially for business profitability. 5th Semester Cost Accounting Details The module enables systematic study and analysis of the cost-oriented approach of business units and the costing of operations, products, services, with development of costing systems which operated until today. Also the instruction of all the procedures of the estimation of costs will assist students to make strategic decisions about the costing policy of business. The module also imports the students in the method of continuous cost accounting of products and in the analysis of confrontation of problems at the cost accounting of products of enterprises. Financial Resources Management Details The essence of Financial Resources Management concerns decisions about (a) risk expected return on investment using the CAPM model, (b) making decisions about capital investment – how to evaluate investment projects in a tax or non-tax environment, and (c) making decisions for setting the optimal capital structure of a company, calculating the cost of capital and distributing dividends. Also will be analyzed and examine, the theoretical frameworks, concepts and principles associated with these types of decisions. Audit & Corporate Governance Details The module focuses of the description of the working environment and activity of a company or organization and the auditor's environment and responsibilities. Emphasis is given to the basic procedures needed to gather sufficient and competent audit evidence and to the description of the procedures needed to complete the audit and issue the auditor's report. Financial Accounting Details Financial accounting serves the purpose of communicating information about firms to the users of financial statements for the purposes of control, financial performance assessment and the valuation of the firm. The module cover the topics of intangibles and accounting for leases and accounting, cash flow accounting deprival value for depreciating assets and accounting for long term contracts and reporting EPS. The module concludes with a review of principal-agent relationships to provide a framework to understand and appraise the role of financial accounting information as a mechanism for aligning the interests of the different groups, such as managers, shareholders and lenders, that contract with firms. Computer Packages I Details 6th Semester Management Accounting & Fin. Decision Making Details The module introduces students to the role and purpose of the management accounting within a business. Lectures and practical tutorials guide students through issues arising from the application of modern management accounting techniques. For example; managing environmental cost; Just in time; international aspects of management accounting, information for short and long term decision making, impact of risk and uncertainty within decision making, cost planning and analysis within competitive situations, modern competitive environment and international aspects of management accounting. Management accounting has evolved from being purely concerned with the recording and measurement of costs, to supporting decision makers in their daily and strategic decisions. Financial Statement Analysis Details The essence of Financial Statement Analysis concerns decisions about (a) the techniques used for financial statement analysis of companies and (b) the application of appropriate techniques in the analysis and forecast of time series of earnings. The module introduce students to the theoretical frameworks, concepts and principles associated with these types of decisions, as well as the research evidence that tests the theories. Investment Appraisal Details The essence of Investment Appraisal concerns decisions about (a) the appraisal of long term investments of companies and (b) the application of appropriate techniques in the forecast of cash flows. The module covers issues such as Business Planning, Capital budgeting and case studies on evaluation of new investments. Corporate Accounting Details Important part of today private economic activity is practised via corporate enterprises, but also a lot of government owned enterprises is organised and they function with institutions that were shaped in the frames of corporate right. The content of accountancy of companies consist the accountant confrontation that places the legal form which are surrounded the corporate economic units. A wide spectrum of subjects as the constitution and the solution of companies, the fluctuations of their capital, the publication and the depreciation of collateral trust bonds, they are the subject of her. 7th Semester Business and Personal Tax Details The module enables the students in the analysis of Greek Tax regulations and VAT according to the current system and in the ways of confrontation of various subjects that face the enterprises in the practice. Also the module introduces the students to the analysis of the sources of income of physical or legal persons, the income tax, the tax system and policy and the styles of confrontation of tax low. Financial Markets & Risks Management Details This module focus in the study of: money, interest rate, capital and money markets, stock exchanges, derivatives. There will be a particular emphasis on developments related to the current economic crisis, including the operation of markets for credit derivatives and proposals for reform of the financial services industry. The module describes modern capital markets with emphasis on the evolution of derivative instruments and the challenge these instruments pose to the regulatory system. It will explore the definition of the terms "security", “return and risk” in the transactions of the financial markets. Strategic Management Details The essence of Strategic Management concerns decisions about business models, business competitive position within the operating industry, and their competitive advantage. To come up with decisions upon these issues, it is necessary to analyze a number of factors that influence business at all levels. All these areas will be cover via a number of case studies. Key contents are theoretical frameworks, concepts and principles associated with these types of decisions well as the research evidence that tests the theories. Professional Information Tools I Details Dissertation I Details During the final year of the Degree the students will be required to complete and submit a project on business applications in the form of a Group Project. This group project is based on a literature review, a framework for the analysis is chosen and a primary research follows. The analysis of research data marks the end of the field work. The final report is based in the analysis and implementation of a focused real business issue. Proposals and conclusions reveal the end of the project. Given the complexity and scope of the above task, this module is designed to span the whole of year 4 (i.e. semesters 1 and 2 of this year) and is considered to represent a double module. 8th Semester Entrepreneurship & Innovation Details Entrepreneurship is defined using the management approach as a characteristic pattern of management behaviour which has innovation outcomes. Entrepreneurship is a pattern of behaviour capable of application to all types of organisation – public sector, not-for-profit and commercial organisations. Every organisation requires innovation expressed as a need to introduce and “make new things happen” for one reason or another. Given there facts, the essence of this module is to cover issues such as Creativity and Innovation, Entrepreneurial Management and value creation concepts and theories. International Finance Details The essence of International Finance is the introduction of the international financial system to the students. Emphasis will be given in the analytical study of the various financial institutions, such as the IMF, the World Bank, the ECB etc. Money and Banking Details This module focuses on the analysis and critical discussion of the following: (1) the structure and role of financial institutions, (2) tools and conduct of monetary policy. Topics include the role of money, debt and equity; financial institutions and markets; regulation; financial crises; interest rates; commercial bank operations; the money supply process; theories of money demand; conduct of monetary policy and its role in different macroeconomic frameworks. Professional Information Tools II Details Dissertation II Details During the final year of the Degree the students will be required to complete and submit a project on business applications in the form of a Group Project. This group project is based on a literature review, a framework for the analysis is chosen and a primary research follows. The analysis of research data marks the end of the field work. The final report is based in the analysis and implementation of a focused real business issue. Proposals and conclusions reveal the end of the project. Given the complexity and scope of the above task, this module is designed to span the whole of year 4 (i.e. semesters 1 and 2 of this year) and is considered to represent a double module.