MSc in Innovations
and Entrepreneurship
The only unique master’s-level program in Ukraine designed for individuals who are starting their own business, undergoing transformation, and making strategic decisions for their teams. It provides a deep understanding of business processes, tools for company development, and practical experience essential for growth in any field.
Who is this Program for?
Why is it worth studying?
- Gain tools for business development and scaling
- Learn from entrepreneurs and experts with hands-on experience
- Work on your own projects and real business cases
- Build a network of partners and potential investors
You will become part of:
Owners of small and medium-sized businesses
Entrepreneurs who aim to structure their knowledge, identify effective business models, and take their company to the next level
Startup and innovation team leaders
Startup founders and managers seeking strategies for product development and business scaling
Executives driving innovation in business
Senior managers responsible for developing new products, transforming business processes, or launching internal entrepreneurial initiatives
Experts looking to commercialize their ideas
Specialists with deep expertise in a specific field who aspire to turn their knowledge, innovations, or developments into a profitable business
The value of the program
The MSc in Innovations and Entrepreneurship is designed for entrepreneurs focused on business development, searching for effective business models, and implementing innovations. The program helps participants reach the level of strategic management, scale their companies, and create sustainable entrepreneurial solutions.

What will you gain after completing the program?
- Business Development — learn to grow your venture using modern tools
- Strategic Business Vision — gain the ability to analyze market dynamics, assess your company’s position, and make effective management decision
- Market Understanding — learn to identify customer needs, analyze the competitive landscape, and craft a unique value proposition
- Strategic Thinking Skills — develop and implement effective marketing plans, generate new ideas, and foster creativity
- Project and Resource Management — master project planning, evaluation, and strategies to maximize portfolio productivity
- Leadership Skills — learn to motivate teams, establish effective communication, and build a strong culture of collaboration
- Negotiation and Partnership Competencies — develop expertise in negotiating with stakeholders, partners, and teams
Admission Requirements
- 2 years of experience in managing your own team, business or enterprise
- Bachelor’s or Master’s degree (foreign diploma requires recognition)
- English at B2+ level (recommended level for study)
- Analytical thinking – the ability to see systemic relationships, make informed decisions and adapt to change
- Leadership and team skills – openness to new approaches and views, communication skills and ability to work in a team
- Readiness for intensive training – ability to work with a large amount of information and apply knowledge in practice

If you meet these criteria, you can apply now!
Oleksandr Akymenko
Director of the program
Co-founder of Yes&Design and Platformedia. Graduate of the JSK Fellowship program at Stanford University
Learn moreIt’s more than just education. It’s a space for the ambitious, the curious, and the bold—those ready for change and growth

Nadiya Mishchur
Academic leader of the program
Pursuing a PhD in Economics, earned a Master’s degree in International Economics
Learn moreOur participants are entrepreneurs and team leaders who constantly seek better solutions and actively shape a new entrepreneurial culture

The structure of the program
On-campus learning
- Main program modules (each lasts 3-5 days, once a month)
- Lectures and seminars from practicing teachers from Ukraine and foreign institutions
- Elective courses that allow you to build an individual learning trajectory
Off-campus learning
- Teamwork projects
- Field module across Ukraine (in the main part of the program)
- Development and defense of the thesis project
curriculum:
Program participants have the opportunity to choose elective courses from the list of courses offered by the Business School to deepen their knowledge in areas that best meet their professional goals and challenges.
The final project is a real business challenge that students implement with the support of mentors. Participants can work on improving their own business, developing new business models, launching innovative products, or setting up a company.
Practitioners help to develop a strategy, test ideas, and implement them, ensuring maximum practical value.
International opportunities for students of UCU Business School
Through international partnerships, you will be able to study on exchange programs at prestigious business schools around the world: France, Germany, Spain, the USA, and other countries, gaining unique knowledge and experience.
Expand your horizons with us!
Learn more







Admission process

The first step to studying in the master’s program
of UCU Business School is registration on the website (filling out the form “I want to apply”). Hurry up to register at an early price
Attend an introductory offline or online meeting with the program director/academic leader
To enter the master’s program at UCU Business School, you must pass the mandatory entrance exams:
- Bachelors: Single Entrance Exam and a Single Professional Entrance Exam in management and administration
- Masters/Specialists: Single Entrance Exam and a Single Professional Entrance Exam in Management and Administration or replace with internal exams: foreign language and professional test
Prepare in advance and take the next step towards your studies!
Review your admission results (if you pass the exams successfully, you will receive a recommendation for admission) and fulfill the requirements for admission (submission of documents, conclusion of a study agreement, and payment of the first installment) within the established deadlines
Benefits of the program
Learning from leading experts
The program’s lecturers are experienced practitioners from Ukraine and visiting professors from top universities around the world. They combine academic knowledge with real-world experience in business and management
Case method in education
We use real business cases of leading global companies, educational materials from top business schools, and cases of Ukrainian companies. Business owners come to us with inquiries and challenges that require solutions
Strong business environment
Belonging to the UCU community and UCU Business School. Program participants become part of an active network of alumni, faculty, and entrepreneurs, which contributes to the development of both professional and personal qualities
Practical business approach
Work on real business challenges, test your ideas, create product prototypes, and develop your own projects. Thanks to the support of mentors and experts, everyone can reach a new level in business and innovation management
Access to investments
Your business project can receive funding from the Angel One venture fund created by the UCU Foundation
International opportunities
Program participants have the opportunity to join academic mobility by choosing to study abroad in an offline or online format at partner universities and business schools
FAQ
Still not clear? Check out the most frequently asked questions or contact us for a detailed consultation.
A limited number of participants can take advantage of the early bird rate.
The early bird price is reserved for applicants subject to the following conditions:
- early registration on the website of the master’s program;
- an introductory meeting with the program manager by May 23;
- successful completion of entrance exams and getting into the TOP-5 applicants according to the ranking lists of admission results.
The early registration discount cannot be combined with other discounts.
Payment is made in semesters, which allows you to distribute the financial burden. Other payment options are also available – for more information on flexible terms and options, please contact the program managers.
UCU Business School offers special payment terms for certain categories of applicants. Current information about the conditions for 2025 is available at [link]. Fill out the registration form for the program, and the manager will provide details on additional opportunities.
To apply, you need to have at least 2 years of experience in managing your own team, business or enterprise.
A foreign diploma requires a procedure of recognition (nostrification) in Ukraine. Program managers will advise you on the necessary steps and documents for successful admission.
The program is taught in a modular format: 3-5 days a month from 10:00 to 18:00 (including coffee breaks and lunch). In addition to the main modules, students have inter-module blocks, home projects, business cases, etc. This allows for deeper learning and application of the acquired knowledge in practice. The program is adapted to the needs of students, so changes in the schedule are possible, which are informed in advance by managers.
The recommended level of English is B2+ or higher. Many courses are taught by foreign experts, and the course materials are presented in English. A high level of language proficiency will help you maximize your knowledge and effectively interact with teachers and classmates.
This is a real business project that you work on during your studies. It can be corporate (company transformation), consulting (development of solutions for a client), launching a new product, or even setting up a company. The whole process takes place with the support of mentors, teachers, and program experts who help you structure your idea, assess its viability, and bring it to practical implementation.
The program is offered in modern academic buildings of UCU located in Lviv:
- Kozelnytska, 2a – Office of the UCU Business School;
- Sheptytsky Center, 29 Stryiska St;
- St. John Paul II Avenue, 35a
- 17 Sventsitskoho Street.
These locations are equipped with everything necessary for effective learning: comfortable classrooms, modern technology, and cozy areas for teamwork.
Do you still have questions?
We are on the Connection
Fill out the short form below
Mail: nmishchur@ucu.edu.ua