Entrepreneurship and Innovation

Modern business structures, both established and start-up, face the challenge of continuous transformation and innovation to attract the new generation and adapt to modern technologies. The main goal of the program is to train entrepreneurs who can come up with creative solutions that are practical and applicable.

Education format: Distance learning

Study duration: 1 year (2 semesters)

Language: Bulgarian

ECTS credits: 60 ECTS

The Master’s program in “Entrepreneurship and Innovation” shares the priorities and reflects the strategic goals and tasks of IBS, related to educational and research activities. The program complies with the regulatory framework and requirements of NEAA for training in the Master’s degree program, with the Higher Education Act, the European Credit Transfer and Accumulation System (ECTS) and the regulations of IBS. The program is implemented and administered through developed educational documentation and curricula, aimed at acquiring knowledge and skills, and building personal and professional competencies, in accordance with the National Qualifications Framework of the Republic of Bulgaria, the European Qualifications Framework (EQF) and the Qualifications Framework in the European Higher Education Area (EHEA).

The “Entrepreneurship and Innovation” program includes precise and up-to-date modules of disciplines. They are selected in accordance with modern national needs and European requirements in the field of entrepreneurship, building on the knowledge of students, logically presented and appropriately distributed in two semesters.

The implementation of quality education is provided by highly qualified lecturers and specialists, which guarantees successful realization on the labor market of graduates of the master’s program in accordance with the goals and mission of IBS to create competitive specialists at the international level. In the learning process, interactive methods are widely used, combined with multimedia presentations, discussions, term projects, cases, etc. We offer a supportive academic environment that tolerates equality. We provide opportunities for students to be included in teams to work on projects for scientific and practical research.

Compulsory courses

  • Entrepreneurship
  • Innovation
  • Management and Technology Transfer
  • Digital Business Transformation
  • Accounting and Costs for Innovative Projects
  • Innovation Financing
  • Master’s Seminar

Elective courses

  • Legal Regulation of Entrepreneurial Activity
  • Innovative Projects’ Management
  • Social Entrepreneurship/Innovation in the Public Sector

Facultative courses

  • Any course offered by other master’s programs

Master’s Thesis


  • The forms of interaction within innovation systems and technology chains.
  • The legal and financial mechanisms for company management.
  • The digital transformation of business.
  • Social entrepreneurship.
  • The financing and marketing of new products and ideas.


  • Management of entrepreneurial activity and application of instruments for financing innovation activity.
  • Making independent decisions for organizing your own business.
  • Developing business or product and innovation.
  • Managing change in the organization.
  • Creating innovation.
  • Manager in large companies.
  • Consultant in projects for developing business and product innovations.
  • Business development and strategic management expert.
  • Entrepreneur/business owner.
  • SME development consultant.
  • Expert in public administration and non-governmental organizations.

Successful graduates of the program receive a higher education diploma with a “Master” degree and a European diploma supplement, valid and recognized worldwide.

Successful graduates in MA program “Business Finance” can continue their studies in a PhD program.