About the university
The University of Limassol (UoL) is one of the newest universities in Cyprus, but it has a long history. It began in 1990 as the Cyprus International Institute of Management (CIIM), a postgraduate business school known for its MBA and finance programmes. After an evaluation by the Cyprus higher education quality agency, CIIM became the University of Limassol on 1 September 2023.
UoL keeps its business-school character. Its CIIM Business School runs an EFMD-accredited MBA and master's degrees in financial services, real estate, HR, and green and digital management, while its Technology and Innovation School teaches computing, business intelligence and data analytics. Bachelor's degrees cover business, economics, computing, law and psychology.
Classes are small and most programmes are taught in English. Several master's degrees can be completed in 13 or 14 months full time, which keeps total costs down. The university works closely with Limassol's business community; for example, it runs a digital finance research project with PwC Cyprus.
For Indian students, UoL is a good fit for business, finance and analytics master's in Limassol, Cyprus's main business city. Points to weigh: the university is young and not yet ranked globally, it does not publish accommodation prices, and Limassol has the highest rents in Cyprus. Master's graduates can apply to stay up to 12 months after graduation to look for work.
- Founded
- 1990 as the Cyprus International Institute of Management (CIIM); upgraded to the University of Limassol on 1 September 2023
- Schools
- CIIM Business School; Technology and Innovation School; Social Sciences and Humanities School
- Programmes
- 6 English-taught bachelor's degrees and around a dozen English-taught master's (on campus and online)
- Accreditation
- MBA accredited by EFMD
- Alumni
- More than 2,000 Cypriot and international graduates from the CIIM years
- Campuses
- Limassol (main campus), Nicosia offices; a sustainability-focused campus is planned at Palodia, Limassol
- Fees
- €36,550 in total for a 4-year bachelor's; €8,930–€12,430 for most on-campus master's (2026–27)
Rankings
QS and THE World University Rankings 2027
Not ranked (university status since 2023)
EFMD programme accreditation 2026
MBA accredited
Popular courses with Indian students
- Postgraduate
Master in Business Administration (MBA)
- Fee / year
- €12,430
- Duration
- 13 months full time or 2 years part time
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Postgraduate
MSc Business Intelligence and Data Analytics
- Fee / year
- €8,930
- Duration
- 14 months full time or 24 months part time
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Postgraduate
MSc Computer Science and Business Technologies
- Fee / year
- €8,930
- Duration
- 14 months full time
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Postgraduate
- Fee / year
- €8,930
- Duration
- 14 months full time or 2 years part time
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Postgraduate
MSc Human Resource Management and Organizational Behavior
- Fee / year
- €8,930
- Duration
- 13 months full time or 2 years part time
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Undergraduate
Bachelor of Business Administration
- Fee / year
- €9,138
- Duration
- 4 years
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Undergraduate
BSc Computing and Business Technologies
- Fee / year
- €9,138
- Duration
- 4 years
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
- Postgraduate
- Fee / year
- €12,430
- Duration
- 14 months full time or 24 months part time
- Intakes
- Check UoL's academic calendar for start dates
- English
- Upper B1 English on an approved test such as IELTS or TOEFL (non-EU applicants)
Fees for international students
| Course | Duration | Fee / year (EUR) | Approx. in rupees |
|---|---|---|---|
| Master in Business Administration (MBA) | 13 months full time or 2 years part time | €12,430 | ≈ ₹13.2 lakh |
| MSc Business Intelligence and Data Analytics | 14 months full time or 24 months part time | €8,930 | ≈ ₹9.5 lakh |
| MSc Computer Science and Business Technologies | 14 months full time | €8,930 | ≈ ₹9.5 lakh |
| MSc Financial Services | 14 months full time or 2 years part time | €8,930 | ≈ ₹9.5 lakh |
| MSc Human Resource Management and Organizational Behavior | 13 months full time or 2 years part time | €8,930 | ≈ ₹9.5 lakh |
| Bachelor of Business Administration | 4 years | €9,138 | ≈ ₹9.7 lakh |
| BSc Computing and Business Technologies | 4 years | €9,138 | ≈ ₹9.7 lakh |
| MSc Real Estate | 14 months full time or 24 months part time | €12,430 | ≈ ₹13.2 lakh |
Fees are for international students for the entry year shown on each course page and can rise each year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.
Want a course shortlist with fees?Our counsellor will compare courses at University of Limassol with similar universities in Cyprus.
Scholarships
- First-year bachelor's
Admission scholarship (bachelor's)
Value: 75% off year 1 with a general grade of 19/20 or above; 50% with 18.5–18.99
Eligibility: Based on your school-leaving grade on the Cypriot 20-point scale; ask Admissions how Indian board percentages are converted.
Official page (opens in a new tab) - Continuing students
Academic performance scholarship
Value: 60% off the next year with a 95% GPA; 40% with a 90% GPA
Eligibility: Awarded on your results during the degree.
Official page (opens in a new tab) - All levels
Athletic distinction scholarship
Value: 50% off, reviewed every year
Eligibility: National team or first-division athletes.
Official page (opens in a new tab) - All levels
Scholarships and financial aid
Value: Varies
Eligibility: See UoL's scholarships and financial aid page for current awards and MBA scholarships.
Official page (opens in a new tab)
Admission requirements
Undergraduate
- A school-leaving certificate with at least 80% (private schools) or 15/20 (public schools), or A levels at ABB, or the IB with 32 points.
- English: non-EU applicants need 'upper B1' level on an approved test such as IELTS or TOEFL. A 12-month English Foundation Program (€6,000) is available.
- Apply online and pay the €50 application fee. A decision is usually made within 24 hours of receiving the fee and all documents.
- After admission, pay the non-refundable registration fee (€100), a refundable €500 immigration deposit, a €140 visa fee and €175 a year for medical insurance.
Postgraduate
- A bachelor's degree with a UK 2:2, a US GPA of 3.0, or 6.5 out of 10 or equivalent. Lower grades may be accepted with strong work experience or qualifications such as CFA, ACCA or ACA.
- English at upper B1 level for non-EU applicants, as for bachelor's degrees.
- Two references, at least one academic, and an interview with an admissions officer.
- Graduate students pay a €200 registration fee and €180 in subscriptions, plus the immigration deposit, visa fee and insurance.
Documents
- Passport copy
- Certified Class 12 certificate and mark sheet (bachelor's)
- Certified bachelor's degree and transcripts, translated into English (master's)
- English test score
- Two references (master's)
- Bank letter and statement showing at least €7,000
- Police good-conduct certificate
- Health certificate with blood tests and chest X-ray
- All documents stamped by a notary, your Ministry of External Affairs and the Cyprus embassy or consulate
Check if you are eligibleShare your marks and test scores and our counsellor will tell you which courses you can apply for.
English language requirements
| Test or route | Typical requirement |
|---|---|
| Required level | Upper B1 (CEFR) for non-EU applicants, shown on an approved test such as IELTS or TOEFL |
| Exemptions | Native speakers from Australia, Ireland, New Zealand, the UK and the USA, and Canadians who studied in English |
| English Foundation Program | 12 months, €6,000 (2026–27) |
Accommodation and living costs
UoL works with Oasis Halls, The Student Hall, Emerald Apartments and other partner halls in Limassol, with security, Wi-Fi, gyms and study areas. The university does not publish prices, so ask Admissions for current rates. Limassol is the most expensive city in Cyprus for rent.
| Item | In EUR | Approx. in rupees |
|---|---|---|
| One-bedroom flat in Limassol (private)2026 reports: €600–€900 in most Cypriot cities, up to €1,500 in Limassol | €600–1,500per month | ≈ ₹63,600 – ₹1.6 lakh |
| Three-bedroom flat in Limassol (shared)About €900 each if three students share (2026) | €2,700per month | ≈ ₹2.9 lakh |
| Immigration depositRefundable at the end of studies | €500one-off | ≈ ₹53,000 |
| Medical insuranceThrough the university | €175per year | ≈ ₹18,550 |
| Visa feeNon-EU students | €140one-off | ≈ ₹14,840 |
Campus and location
Limassol is the business centre of Cyprus, a coastal city with shipping, technology, fintech, real estate and tourism employers, many of them international. UoL's main campus is on Agias Fylaxeos Street with a second building nearby.
- Main campus at 92 Agias Fylaxeos Street, Limassol, plus a second campus building on Chaidariou Street.
- Nicosia offices in Egkomi (the former CIIM headquarters) and an office in Athens.
- A new sustainability-focused campus is planned at Palodia, just outside Limassol.
- Partner halls with gyms, study areas and 24-hour security.
Careers and graduate outcomes
UoL's business school has long-standing links with Cypriot employers in finance, shipping, real estate and consulting, and many of its master's students study alongside work. Master's graduates can apply to stay in Cyprus up to 12 months to look for work or start a business; during studies, non-EU students may work part time only in listed sectors.
| What | Figure | Source |
|---|---|---|
| Graduates | More than 2,000 Cypriot and international alumni from the CIIM years | University of Limassol: our story |
| Stay after a master's | Up to 12 months to look for work or start a business | Civil Registry and Migration Department |
| Part-time work for non-EU students | Up to 20 hours a week in term, 38 in breaks, in listed sectors only | Cyprus Employers and Industrialists Federation, Mar 2026 |
Studying in Cyprus
Visa rules, work rights and living costs apply to every university in Cyprus. Our country guide covers them in detail:
Other universities in Cyprus
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- Private
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Photo: Michailia, CC BY-SA 4.0 PrivateFrederick University (official website, opens in a new tab)
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FAQs
Is the University of Limassol the same as CIIM?
Yes. CIIM, a business school founded in 1990, was upgraded to the University of Limassol on 1 September 2023 after a review by the Cyprus higher education quality agency.
How much does a master's cost?
Most on-campus master's cost €8,930 in total for 2026–27 and last 13–14 months full time. The MBA and the MSc Real Estate cost €12,430. Add registration (€200), subscriptions (€180), the €500 refundable immigration deposit, the €140 visa fee and insurance.
How much is a bachelor's degree?
€36,550 in total for a four-year bachelor's in 2026–27, or about €9,140 a year.
How much money must I show for the visa?
A recent bank letter and statement showing at least €7,000, along with police clearance and medical certificates, all attested by a notary, the Ministry of External Affairs and the Cyprus embassy or consulate.
Is the university ranked?
Not yet in the major global rankings, as it only became a university in 2023. Its MBA is accredited by EFMD.
Sources
- University of Limassol: tuition fees 2026–27 (opens in a new tab)
- University of Limassol: entry requirements (opens in a new tab)
- University of Limassol: international students (opens in a new tab)
- University of Limassol: undergraduate programmes (opens in a new tab)
- University of Limassol: graduate programmes (opens in a new tab)
- University of Limassol: our story (opens in a new tab)
- University of Limassol: accommodation (opens in a new tab)
- University of Limassol: scholarships and financial aid (opens in a new tab)
- Cyprus Mail: student rents soar amid housing shortage (Aug 2026) (opens in a new tab)
- Civil Registry and Migration Department: stay after studies to seek work (opens in a new tab)
- Cyprus Employers and Industrialists Federation: revised decree on employing third-country students, Mar 2026 (opens in a new tab)
Official website: www.uol.ac.cy/en (opens in a new tab)
Check the latest details