Business Economics, Master | University of Crete | Réthymnon, Greece
15 months
4800 EUR/year
4800 EUR/year
Tuition fee
Apply date
Start date


TIME is an accelerated, full-time Master's program in Business Economics (MBE). It is jointly offered by a consortium of three universities: The University of Crete, the University of Cyprus and the Wageningen University in Netherlands. It is recognized by the Greek, Cypriot and Dutch Education authorities within the framework of the Bologna Process. 


Key facts

Today's leaders must navigate business issues and interactions that cut across geographical boundaries and cultures. They must inspire conversations, ignite collaboration and integrate multiple perspectives to drive growth and innovation. Inspiration, first hand information, advice from accomplished individuals, are the ingredients, which constitute the flesh and bone of success, that are so often overlooked by management scholars. TIME Master of Business Economics at University of Crete puts these ingredients front and centre, allowing you to fraternize with business leaders, practitioners, opinion makers and academic insiders through a set of lectures that deal with a range of issues such as:  

  • Global market issues: The challenges  firms face when competing in the global market and the contemporary issues surrounding world trade. It will help students develop a working knowledge of the economic drivers, challenges and opportunities present in the most important business regions in the world, including South-East Mediterranean and the Balkans. 
  • Entrepreneurial lessons: why some succeed where others constantly fail? Integrating business examples with the latest research insights, it will help students develop a cutting-edge, integrated perspective on entrepreneurship and gain strategic tools for managing risks in emerging and developed markets.

  • Innovation and commercialization: Bridging the gap between an invention and commercialization was never easy. This lecture aims to identify useful examples and practices. It will examine real-world issues, products and systems, focusing on understanding innovation strategy and management from the perspective of a senior corporate manager. 

  • Startup survival: There is no guide about how to survive the first few years as a startup. One can only learn from the ones who succeeded. Successful entrepreneurs will present their companies and business concepts while sharing personal experiences about the process of launching a startup.

  • Best product managerial practices: The Do’s and Don’ts, an expert’s perspective. Students will use frameworks, tools and direct experience to become effective technology product managers. Topics covered are relevant to both entrepreneurs and intrapreneurs working within established technology companies.

Programme Structure


  • Business Economics
  • Economics of Innovation and R&D Spending
  • Data Analytics and Quantitative Methods
  • Behavioral Economics
  • Finance and Accounting for Decision Making

Key information


  • Full-time
    • 15 months

Start dates & application deadlines




120 ECTS


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

  • A 500-word essay explaining your plans after graduating from TIME and outlining  how you expect TIME to contribute to these plans.
  • A two-page CV/resume
  • Names and contact details of two referees who can objectively assess and speak directly about your academic and professional promise.
  • Statement of your preferred campus (Crete or Cyprus) that you want to attend the course (note that you always have the option to switch among campuses between modules).
  • A transcript of grades from each university you have attended. Transcripts both in the original language and in English should be submitted. 
  • Proof of your ability to properly use the English language (i.e., TOEFL, IELTS, GS scores).

Tuition Fee

To alway see correct tuition fees
  • International

    4800 EUR/year
    Tuition Fee
    Based on the tuition of 6000 EUR for the full programme during 15 months.
  • EU/EEA

    4800 EUR/year
    Tuition Fee
    Based on the tuition of 6000 EUR for the full programme during 15 months.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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Business Economics
University of Crete
Business Economics
University of Crete


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