Global Semesters: Nicosia - Summer in Cyprus: International Accounting

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This summer study abroad program in international accounting offers students the opportunity to examine the differences and similarities between GAAP and IFRS systems and earn academic credit while spending the summer on the Mediterranean island o... read more

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About

This summer study abroad program in international accounting offers students the opportunity to examine the differences and similarities between GAAP and IFRS systems and earn academic credit while spending the summer on the Mediterranean island of Cyprus. 

Cyprus is the only country in the European Union other than the UK that has historically always been on the Anglo-Saxon accounting system (IFRS). Cyprus has had this system since its inception because it was a British colony. It adopted this system in 1981, while the rest of the EU countries were on the Franco-Germanic system and did not adopt IFRS until 2005; this is an area where Cyprus has more expertise than most of the other EU countries. Students will select one or two courses from the University of Nicosia summer session and will conduct site visits to major accounting firms on the island. 

Program Excursions:
Cyprus: Modern and Medieval Nicosia, Larnaca & Ayia Napa, Troodos, Limassol & Paphos, Polis
Major accounting firms in Cyprus

Program Type(s):
Study Abroad
Program Length(s):
  • Summer
Instruction Language(s):
  • English
Language Requirement(s):
  • English
Relevant Study Subject(s):
  • Accounting
  • Finance, Financial Services
  • International Business
  • Accounting and Computer Science
Minimum GPA:
2.5
Website
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University of Nicosia - Global Semesters Scholarships

This award is for semester students with a cumulative GPA of 3.5 or above. Students must mail their official transcript to Global Learning Semesters for verification. This award can only be combined with our Early Deposit Discount.

1500.00

Deadlines:
Fall: April 15th Spring: July 15th

Guidelines/Requirements:
The awards will be distributed on a rolling basis as a discount on program fees, to admitted students with a cumulative GPA of 3.5 or above who request consideration until the spots are filled. There are 100 spots per semester. The GPA will be verified by an official transcript received by mail. We strongly recommend that students apply for this program before April 15th for Fall programs and before July 15th for Spring programs.

Global Learning Semesters awards the Takis Chrysanthou Honored Scholar Award to one student each semester. The student must be attending a semester-long program that is home-based in Cyprus. The award winner is selected based on academic merit, expected contribution to the group experience, and financial need. This award is a $2,500 discount that is credited against program fees.

2500.00

Deadlines:
Spring Semester - October 15th Fall Semester - April 15th

Guidelines/Requirements:
In order to be eligible for this scholarship a student must first be accepted into a semester-long Global Learning Semesters program based in Cyprus and then send us the following: a copy of his or her latest FAFSA a list of expected financial aid from other sources an essay, not to exceed 600 words, describing what he or she will contribute to the group experience on the program Students should mail their award application material to: Global Learning Semesters 228 Park Avenue S #32004 New York, NY 10003

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