The Philips College was founded in 1978 with the help of the then Minister of Education of the U.K., the honorable Gerry Fowler, Yiannis Koutsakos, former Chairman of the University of Cyprus, Takis Evdokas, a well-known Psychiatrist, and Philippos Constantinou, a professional Accountant who became the first Principal of the College.
The College is registered as an institution of Tertiary Education with the Ministry of Education & Culture of the Republic of Cyprus, offering high quality educational opportunities at Bachelor’s and Master’s Level over 33 years. In its short history, the Philips College has achieved considerable success through the insistence of maintaining high academic standards and has succeeded in becoming a member of the Association of Commonwealth Universities, the oldest international Association of Universities in the world.
RECOGNITION OF PHILIPS AWARDS
The College has been accredited by one or more bodies including:
• The Accreditation Council (SEKAP) of the Republic of Cyprus
• The Institute of Chartered Accountants in England and Wales (ICAEW), UK
• The Association of Chartered Certified Accountants (ACCA),UK
• The Chartered Institute of Management Accountants (CIMA), UK
• The Association of International Accountants (AIA), UK
• The Institute of Certified Public Accountants in Ireland
• BCS, The Chartered Institute for Information Technology, UK
• The Institution of Analysts and Programmers (IAP), UK
• The Chartered Management Institute (CMI), UK
• The Association of Business Executives, UK
• The CPA Australia, Australia
Holders of the BA (Hons) degree in Accounting & Finance are granted exemption from 8 modules of the Professional Stage of the Institute of Chartered Accountants in England and Wales (ICAEW), UK. This leaves graduates 7 papers to sit in total of 15. In addition, the Association of Chartered Certified Accountants (ACCA), UK grants exemption 9 out of 14 papers. This leaves graduates 5 papers to sit in total of 14.