The Cyprus Institute of Marketing has been registered and licensed by the Cyprus Ministry of Education and Culture, to offer its own Diplomas, Advanced Diplomas, Bachelors and Master programmes, since 1991, when the Tertiary Education Law came into effect.
The MBA programme was developed originally in the United States and soon afterwards was introduced in the UK. It continues to grow in reputation and demand as the business world s top degree, while it has recently also branched out into specialisations such as shipping. With the growing internationalisation of the world economy, an increasing number of companies and organisations now require top managers to have MBA Degrees, and that includes the shipping industry.