Business Administration: Entrepreneurship and Innovation

The Bachelor of Business Administration with a Concentration in Entrepreneurship and Innovation prepares future entrepreneurs, innovators and business leaders to identify opportunities, develop new ideas and create value in an economy increasingly shaped by artificial intelligence, digitalisation and technological change. Combining a comprehensive business education with entrepreneurial thinking and innovation capabilities, the programme equips graduates with the knowledge, skills and mindset required to succeed in a rapidly evolving business environment.

Innovation has become a key driver of organisational competitiveness and economic growth. New technologies, changing customer expectations and evolving markets continuously create new opportunities for individuals and organisations capable of recognising trends, solving problems creatively and transforming ideas into sustainable solutions. In this environment, entrepreneurship is not limited to creating new ventures; it represents a mindset that enables individuals to innovate, adapt and create value within organisations of all types.

The programme provides students with a strong foundation across the major areas of business, including management, strategy, marketing, finance, accounting, economics, operations management and organisational behaviour. This multidisciplinary perspective enables graduates to understand how organisations create, deliver and sustain value while developing the analytical thinking, creativity, communication and problem-solving capabilities required in complex and uncertain environments.

Artificial intelligence is integrated throughout the curriculum, allowing students to explore how AI, automation, generative technologies and digital platforms are transforming business models, markets and innovation processes. Students examine how emerging technologies can support opportunity identification, product and service development, customer analysis, business process improvement and strategic decision-making. They also develop the critical judgement required to evaluate the opportunities and responsibilities associated with building technology-enabled organisations.

The Entrepreneurship and Innovation concentration focuses on developing the capabilities required to recognise opportunities and transform ideas into viable business solutions. Students explore entrepreneurial thinking, innovation management, new venture creation, business model development, strategic innovation and entrepreneurial finance. They learn how entrepreneurs and organisations identify market opportunities, manage uncertainty and develop innovative responses to changing economic and technological conditions.

Particular emphasis is placed on the relationship between entrepreneurship and emerging technologies. Students examine how artificial intelligence enables entrepreneurs and organisations to analyse markets, personalise customer experiences, automate processes, develop innovative products and scale new ventures. At the same time, they recognise that successful entrepreneurship depends not only on technology but also on creativity, strategic vision, customer understanding, ethical judgement and effective leadership.

Through applied learning, case studies, projects, business simulations and engagement with real entrepreneurial challenges, students develop practical experience in evaluating opportunities, designing solutions and developing innovative approaches to business problems. These experiences strengthen their creativity, resilience, adaptability and ability to operate effectively in dynamic and uncertain environments.

Graduates of the concentration are prepared to contribute to the future of business as entrepreneurs, innovators and change agents. They possess the business knowledge, entrepreneurial mindset and technological awareness required to establish new ventures, support innovation within existing organisations and create sustainable value for businesses and society.

Career Prospects

The demand for professionals with entrepreneurial thinking and innovation capabilities continues to grow as organisations seek new ways to compete, adapt and create value. The increasing availability of artificial intelligence and digital technologies creates new opportunities for graduates who can identify emerging trends, develop innovative solutions and lead transformation.

Graduates may pursue careers across start-ups, multinational corporations, family businesses, technology companies, consulting firms, innovation hubs, incubators, accelerators, social enterprises, public-sector innovation units and entrepreneurial ventures.

Indicative career paths include entrepreneur, business development executive, innovation manager, product manager, start-up consultant, venture analyst, digital transformation specialist, innovation coordinator, business consultant and management trainee. Graduates may also establish their own ventures or contribute to entrepreneurial initiatives within existing organisations through corporate entrepreneurship and innovation programmes.

As artificial intelligence continues to reshape industries and lower barriers to innovation, graduates will be well positioned for emerging opportunities involving AI-enabled entrepreneurship, digital business models, technology commercialisation and innovation strategy. Their ability to combine technological awareness with creativity, strategic thinking and business knowledge enables them to identify opportunities and transform ideas into meaningful solutions.

The concentration develops capabilities that remain essential in the future economy, including creativity, opportunity recognition, leadership, resilience, collaboration, adaptability and ethical decision-making. These skills prepare graduates not only to respond to change but also to actively shape the future of business.

Access to Further Studies

Graduates of the Bachelor of Business Administration with a Concentration in Entrepreneurship and Innovation are prepared to pursue postgraduate studies, including MBA, MA, MSc and MPhil programmes, subject to the admission requirements of the relevant graduate school.

Graduates may continue their studies in areas such as entrepreneurship, innovation management, strategic management, digital transformation, business analytics, technology management and related disciplines. The programme also provides an appropriate foundation for progression to doctoral studies in entrepreneurship, innovation, management or related fields, depending on the requirements of the relevant PhD programme.

Academic Admission

The minimum admission requirement to an undergraduate programme of study is a recognized High School Leaving Certificate (HSLC) or equivalent internationally recognized qualification(s). Students with a lower HSLC grade than 7.5/10 or 15/20 or equivalent depending on the grading system of the country issuing the HSLC are provided with extra academic guidance and monitoring during the first year of their studies.

English Language Proficiency

The list below provides the minimum English Language Requirements (ELR) for enrollment to the programme of study. Students who do not possess any of the qualifications or stipulated grades listed below and hold IELTS with 4.5 and above, are required to take UNIC’s NEPTON English Placement Test (with no charge) and will receive English Language support classes.

• TOEFL, 72 and above
• Computer-based TOEFL, 193 and above
• Internet-based TOEFL, 80 and above
• IELTS, 6 and above
• Cambridge Exams [First Certificate], B and above
• Cambridge Exams [Proficiency Certificate, C and above
• GCSE English Language “O” Level, C and above
• Michigan Examination of Proficiency in English (CaMLA), Pass
• Pearson PTE General, Level 3 and above
• KPG (The Greek Foreign Language Examinations for the State Certificate of Language Proficiency), Level B2 and above
• Anglia, Level B2 and above
• IEB Advances Programme English, Pass
• Examination for the Certificate of Proficiency in English (ECPE) Michigan Language Assessment by: Cambridge Assessment English & University of Michigan, 650 average score for ALL skills and above

Course assessment usually comprises of a comprehensive final exam and continuous assessment. Continuous assessment can include amongst others, mid-terms, projects and class participation.

Letter grades are calculated based on the weight of the final exam and the continuous assessment and the actual numerical marks obtained in these two assessment components. Based on the course grades the student’s semester grade point average (GPA) and cumulative point average (CPA) are calculated.

The student must complete 240 ECTS and all programme requirements.

A minimum cumulative grade point average (CPA) of 2.0 is required. Thus, although a ‘D-‘ is a PASS grade, in order to achieve a CPA of 2.0 an average grade of ‘C’ is required.

Upon successful completion of this program, the students should be able to:

1. Apply conceptual principles, methods and tools to solve business related problems.
2. Debate different business ideas with creativity and rigor.
3. Appreciate the increasing complex nature of global business and economy and their impact on the management and growth of organizations.
4. Streamline business processes and procedures to meet challenges and excel under intense competition.
5. Adopt an ethical approach in the management of corporate practices to address and resolve heighten pressure from stakeholders.
6. Utilize skills that are required in negotiation and conflict resolution for re-enforcing value added collaborations.
7. Critically assess collected data, analyze and interpret findings to make informed decisions.
8. Identify and use suitable research and business simulation tools.
9. Use research skills to plan and implement research projects in business.
10. Present effectively, both orally and in writing.

The Entrepreneurship and Innovation specialization is expected to equip graduates with skills to:

1. Write business plans.
2. Outline the steps in setting up a new business.
3. Use skills needed to become a creative and innovative entrepreneur and apply technology to form an attractive innovative product/service.
4. Effectively apply management concepts specific to entrepreneurial and small businesses in domestic and global environments.
5. Understand the evolution of the concepts and increasing importance and contributions of CSR and Social Entrepreneurship.

Section: A, Business Requirements

Min. ECTS Credits: 84 Max. ECTS Credits: 84

Notes: Students must complete either BADM-439 or BADM-493.

Section: B, Concentration: Entrepreneurship and Innovation

Min. ECTS Credits: 72 Max. ECTS Credits: 72

Section: C, Business Electives

Min. ECTS Credits: 18 Max. ECTS Credits: 24

Notes: Notes: Any of the courses below may be taken or any ACCT-, BADM-, COMM-, ECON-,FIN-, HOSP-, MIS-, MKTG- course not taken as a business requirement or concentration course. BADM-491 may have a credit range of 1-6 ECTS. Special Topics in Business has a credit range of 2-6 ECTS, students may select BADM491 (2 ECTS) or BADM-491A (4 ECTS) or BADM-491B (6 ECTS).

Section: D, Language Expression

Min. ECTS Credits: 18 Max. ECTS Credits:24

Notes: (1) Placement in the English courses is done on the basis of a Placement Test or tests such as TOEFL or GCE. (2) Students must complete either BADM-231 or BADM-332.

Section: E, Computer Electives

Min. ECTS Credits: 12 Max. ECTS Credits: 18

Notes: Or any other COMP-, MIS-, or MULT- course.

Section: F, Mathematics Electives

Min. ECTS Credits: 12 Max. ECTS Credits: 18

Section: G, Humanities and Social Sciences Electives

Min. ECTS Credits: 12 Max. ECTS Credits: 18

Notes: In addition to the courses below, students may choose any ART, DES, EUS, HIST, IREL,SOC, PSY, PHIL course or any language course with FREN-, GERM-, ITAL-, RUS-,SPAN-, GREK-, TURK- prefix.

Section: H Unallocated Courses

ECTS: Min. 0 Max. 0

Semester 1

Semester 2

Semester 3

Semester 4

Semester 5

Semester 6

Semester 7

Semester 8

The above semester breakdown is an indicative one. A few of the courses are electives and can be substituted by others. Students may contact their academic advisor and consult their academic pathway found on this website under “Schools & Programmes”.