Faculty of Business
About the Faculty
The Faculty of Business at AUB Mediterraneo offers rigorous, internationally oriented business education grounded in a liberal arts context. Its programs combine specialized business knowledge with perspectives from humanities, arts, and sciences, helping students understand the wider economic, social, and cultural environments in which organizations operate.
Through analytical training, experiential learning, and close faculty mentorship, students develop the technical, strategic, communication, and leadership skills needed to succeed in dynamic global business environments.
The Faculty connects learning with practice, preparing graduates to respond to emerging business challenges, contribute responsibly to their organizations and communities, and pursue opportunities across sectors and markets.
The Faculty of Business is accredited by both EQUIS and AACSB, reflecting its commitment to international quality standards and continuous improvement in business education.
Meet the Dean
Our faculty builds on the legacy of the Suliman S. Olayan School of Business at the American University of Beirut, bringing world-class business education to the Mediterranean region. Today, the Faculty of Business at AUB Mediterraneo is among fewer than 2% of business schools worldwide to hold both AACSB and EQUIS accreditation, reflecting our commitment to the highest international standards of academic quality, innovation, and continuous improvement.
At the core of our mission is a learning environment where students are challenged intellectually, supported personally, and prepared professionally.
One of our key strengths is our faculty. They are scholars and practitioners whose expertise spans management, strategy, finance, digital marketing, entrepreneurship, and sustainability. They lead internationally funded research projects, publish in top-tier journals, and remain deeply engaged with industry as consultants, advisors, and founders. Just as importantly, they are committed mentors who work closely with students on applied projects, capstones, and initiatives with real-world impact.
Together, we emphasize analytical thinking, ethical leadership, and interdisciplinary learning, empowering students to translate ideas into action and contribute meaningfully to their communities and careers. I invite you to explore our programs, meet our faculty, and discover how the Faculty of Business at AUB Mediterraneo can help shape your future.
— Dr Alain Daou
Programs
Bachelor Programs
Master Programs
Faculty Members
External Advisory Board
Mr. Victor Efthimiades
CEO, Axiom Consulting LTD.
Mr. Victor Efthimiades
CEO, Axiom Consulting LTD.
Mr. Victor Efthimiades is the Founder and Chief Executive Officer of Axiom Consulting, a leading provider of enterprise customer loyalty and engagement solutions for banking, retail, travel, telecommunications, and other customer-centric industries. He leads the company's strategic direction, innovation, and international business development, helping organizations leverage technology to strengthen customer relationships, increase engagement, and drive sustainable growth.
With more than 38 years of experience in strategic marketing, business development, and enterprise software engineering, Victor has spent the last 28 years building Axiom into an internationally recognized technology company. Under his leadership, the company has grown from a startup into a trusted partner serving leading enterprises across 15 countries, with offices in Cyprus and Switzerland.
Victor combines strategic business vision with deep technology expertise, enabling him to bridge the gap between business strategy and digital transformation. His experience spans corporate strategy, business process innovation, customer engagement, enterprise architecture, and the design of sophisticated software platforms.
Throughout his career, he has successfully led the design and implementation of numerous large-scale customer loyalty and customer engagement ecosystems for some of the region's leading institutions in financial services, retail and other industries.
Prior to founding Axiom Consulting, Victor held engineering, consulting and sales positions at IBM Corporation, where he designed and led the implementation of several large-scale enterprise projects. His ability to combine technology innovation with commercial strategy has remained a defining characteristic throughout his career.
Victor has also contributed to academia as a guest lecturer in Management Information Systems for the MBA program at the CIM, sharing practical insights into enterprise systems, digital transformation, and business strategy with future business leaders. He holds a Master of Engineering in Computer and Software Engineering from the National Technical University of Athens and a Master of Business Administration (MBA) from the University of Sheffield. He has further expanded his expertise through executive education and numerous professional certifications from MIT, IBM, and other internationally recognized institutions.
Ms. Hana Kadaha Khatib
Senior VP WPP Media- Levant region
Ms. Hana Kadaha Khatib
Senior VP WPP Media- Levant region
Ms. Hana El Kadaha is a dynamic and accomplished leader in the media industry, with over two decades of experience shaping strategies and delivering results in a fast-evolving landscape. She currently serves as Senior VP at WPP Media in the Levant region, where she leads a thriving team of over 200 diverse talents across multiple verticals. Hana drives innovation, growth, and excellence throughout the region, and under her leadership, WPP Media Levant has developed a strong reputation for resilience and adaptability, especially during challenging political and economic circumstances.
After graduating the business school at AUB, Hana joined WPP as a junior executive and advanced to the role of Senior VP. Hana consistently steered her team towards year-on-year business growth. She feels privileged to mentor emerging talents and is deeply grateful for her team’s dedication, which has played a pivotal role in their collective success. Many of Hana’s mentees have risen to prominence within the MENA advertising industry, reflecting her commitment to coaching and empowering the next generation of leaders.
Her teams have achieved remarkable success, earning more than 30 prestigious industry awards, including the Campaign ME and Effie Awards. Hana’s strong client partnerships span high-profile brands such as Unilever, Coca-Cola, Rolex, L’Oréal, Ferrero, Zain Telecom, Arab Bank, American Express, and the American University of Beirut, solidifying her expertise as a business advisor adept at navigating the complexities of modern marketing.
Despite regional challenges, Hana’s unwavering resolve has empowered her team to thrive. She is a passionate advocate for enabling young talents to become job market ready and empowering women in the workplace. Hana’s approach creates lasting positive change, inspiring both her colleagues and the wider industry. As one mentee shared, “Hana’s guidance gave me the confidence to pursue leadership opportunities I never imagined possible.”
Beyond her professional achievements, Hana balances her career ambitions with nurturing her family as a devoted mother. Her strategic thinking, visionary leadership, and dedication to excellence make her a respected figure and an inspiring role model in the media and communications industry.
Dr. Constantinos Kourouyiannis
CFA Society Cyprus
Dr. Constantinos Kourouyiannis
CFA Society Cyprus
Dr. Constantinos Kourouyiannis is an investment professional with extensive experience in investment fund management in Cyprus and Luxembourg and in providing portfolio management services to professional and institutional investors. His expertise covers financial analysis, portfolio management, equity valuation, risk management, and sustainable investing.
As President of CFA Society Cyprus, he has promoted professional excellence, ethics, financial literacy, and academic collaboration. As Chair of the CIFA Sustainable Finance Committee, he has led initiatives to advance ESG awareness within the investment funds industry. His CV includes research appointments at the University of Cyprus Department of Economics, where he co-authored academic papers in financial risk management and financial econometrics.
Constantinos has been a CFA Charterholder since 2017. He holds a BSc in Mathematics and Statistics from the University of Cyprus, an MSc in Finance and Economics from the London School of Economics, and a PhD in Economics (with an emphasis on Financial Risk Management) from the University of Cyprus.
Ms. Natasha Michaelides
Director of Corporate Affairs and Communications at Thanos Hotels & Resorts
Ms. Natasha Michaelides
Director of Corporate Affairs and Communications at Thanos Hotels & Resorts
Ms. Natasha Michaelides is a communications and hospitality executive with extensive experience in corporate affairs, brand development, and luxury hospitality. She serves as Director of Corporate Affairs and Communications at Thanos Hotels & Resorts and is the CEO of Kult, Antasia Beach Club, and Amyth Hotels. Throughout her career, she has led the development and positioning of hospitality, retail, and lifestyle brands in Cyprus and internationally.
Beyond her business roles, Natasha is actively involved in philanthropy and community initiatives as Founder and President of Simba Animal Aid Cyprus and Co-Founder and President of the ENAVSMA Foundation, which supports postgraduate education through scholarships. She holds a Bachelor's degree in Communications and Political Science and a Master's degree in Communications from Boston University.
Mr. Marios Tannousis
CEO of Invest Cyprus
Mr. Marios Tannousis
CEO of Invest Cyprus
Mr. Marios Tannousis is the CEO of Invest Cyprus. He has more than twenty-nine years of international corporate experience, with twelve years in the international banking and Financial Services group Societe Generale, where he served various key posts.
He is a Member of the Board of the European Fund and Asset Management Association (EFAMA) and co-founder and member of the Cyprus Investment Funds Association (CIFA). He also served as President of the Cyprus Finance & Leasing Association and Board Member in various other organizations and bodies.
Marios is a Member of the Chartered Institute for Securities and Investment (CISI) and holds a Bachelor's degree in Economics from Rutgers University, NJ, USA and an MBA from Mankato State University (MSU), MN, USA. He has also completed the FinTech program of Oxford University, Said Business School and the program on Transformational Leadership of the University of Cambridge Judge Business School.
Marios is certified for offering investment services and has a special interest in Economic Development and job creation through Investments especially in Banking, Financial Services, FinTech, Investment Funds and Private Public Partnerships across economic sectors. He represents Cyprus in various international and European Conferences.
Mr. Vasillios Vrachimis
PWC Cyprus Partner
Mr. Vasillios Vrachimis
PWC Cyprus Partner
Mr. Vassilios Vrachimis is an experienced Partner at PwC Cyprus. He advises organisations on strategy, transformation, governance, technology-enabled change, organisational effectiveness and performance improvement.
Vassilios joined PwC UK in September 1998 after completing his degree at the University of Manchester. He worked at PwC UK until August 2012 and then transferred directly to PwC Cyprus. This international career path has given him experience across two PwC member firms and exposure to both mature and developing advisory markets.
At PwC Cyprus, Vassilios has held a range of leadership positions over time. These have included industry leadership roles, internal management responsibilities and competency leadership roles. His firm-wide appointments have included Chief Digital Officer and Chief Strategic Transformation Officer, through which he contributed to the firm's digital agenda and strategic transformation priorities.
As the senior partner in Consulting, he is responsible for the leadership and strategic direction of the consulting practice. His client work spans public and private sector organisations and brings together strategic thinking, financial discipline, governance and technology-enabled transformation.
News
AUB Business Education in Lebanon and Cyprus Earns EQUIS Accreditation, Marking a First for Both Countries
DEMO Day 2025: A Groundbreaking Startup and Investor Event at AUB Mediterraneo, Paphos
Faculty of Business at AUB Mediterraneo Reaccredited by AACSB, Upholding Global Standards of Excellence
AUB Mediterraneo to Collaborate with DataCamp to Empower Master of Science in Business Analytics Students
American University of Beirut – Mediterraneo: Master of Science in Business Analytics
American University of Beirut – Mediterraneo: BBA in Management
Research Projects
Featured Research Publications
Institutional Voids and Business Model Convergence in the Recycling Industry
Environmental Innovation and Societal Transitions · Elsevier
Value Co-creation in Tourism Live Shopping
Journal of Business Research · Elsevier
Embedding a ‘Reflexive Mindset:’ Lessons from Reconfiguring the Internal Auditing Function
Academy of Management Proceedings · Academy of Management
Frequently Asked Questions
What are Faculty of Business classes like and what is the workload?
Classes combine theory and practice, including discussions, projects, case studies, and group work and help students develop problem-solving, analytical, and communication skills applicable across industries. For a 6 ECTS course, students should expect a combination of in-class time and 7–9 hours per week outside of class for reading, assignments, and projects. Faculty provide clear guidance to ensure expectations are manageable and aligned with learning goals.
Are there opportunities for experiential learning or internships?
Yes. Students engage in internships, consulting projects, capstones, and research under faculty mentorship, applying knowledge to real-world business challenges. For undergraduate students, this generally includes a formal 3 ECTS internship during the summer term before a student’s fourth year. For graduate students, there is also the option to complete a capstone project in close collaboration with industry partners, often leading to employment opportunities upon graduation.
How does the Faculty prepare students for careers?
Graduates develop transferable skills in leadership, analysis, strategy, and communication, enabling them to pursue careers in management, marketing, analytics, consulting, entrepreneurship, and beyond. Undergraduate students complete a required Strategic Career Planning Workshop and internship, helping them build professional skills and gain practical experience before graduation. In addition, students benefit from dedicated career support services, including career guidance, employer engagement opportunities, and resources to support their professional development and career readiness.
Can students pursue graduate studies or professional programs?
Yes. Our undergraduate programs equip students for advanced degrees in business, law, public policy, and specialized master’s programs including the MSBA.
What kind of advising is available? And how accessible are faculty members outside of class?
Students receive structured academic and career advising throughout their studies, including guidance on courses, majors, internships, and graduate study. Our faculty members maintain regular office hours and actively mentor students. Close faculty–student interaction is a defining feature of the learning experience at AUB Mediterraneo.
Will my degree be recognized internationally?
All AUB Mediterraneo business degrees follow international standards and are accredited by the New York State Education Department and the Cyprus Agency of Quality Assurance and Accreditation in Higher Education. Institutionally the university is accredited by the Middle States Commission on Higher Education (MSCHE), ensuring broad international recognition. The Faculty of Business also holds both AACSB and EQUIS accreditation, placing it among a select group of business schools worldwide to earn these internationally recognized distinctions. Together, these accreditations reflect the quality, rigor, and global relevance of our programs, supporting graduates in pursuing careers and further study around the world.
Can I study for a term or more at AUB in Beirut and transfer my credits?
Yes. Students can spend up to one full year (two terms) at the AUB campus in Beirut, including summers, and credits and grades earned at AUB are fully transferable (up to 68 ECTS). All courses students transfer must correspond to their program of study and be approved by their adviser in advance.
Are students required to spend time at the AUB campus in Beirut?
Yes. All students must complete the Beirut Residency, a required non-credit component of the General Education Program. Students may fulfill the requirement through approved pathways such as coursework, internships, civic engagement activities, research visits, or one or two term at AUB.
Is the curriculum identical to the curriculum at AUB in Beirut?
AUB Mediterraneo programs follow AUB academic standards, governance structures, and quality assurance processes, with aligned learning outcomes across campuses. While the curriculum is closely coordinated and built in consultation with AUB faculty and leadership, it is not always identical. Some programs and courses are uniquely designed for AUB Mediterraneo to respond to regional needs, EU frameworks, and emerging fields. In many cases, courses have been adapted and enhanced to reflect our context while maintaining AUB’s academic rigor and international standards.
Are there opportunities for other international exchanges or study abroad?
Yes. Students can broaden their academic and cultural experience through international mobility opportunities, including Erasmus+ and other exchange programs with partner institutions across Europe and beyond. These experiences allow students to study in different academic environments, develop global perspectives, and build international networks while remaining on track with their degree requirements. Students receive guidance and support throughout the exchange application and planning process.
Contact Us
Have questions about our faculty or programs? Get in touch with us.
fob@aubmed.ac.cy