The course contains 3 modules: a) The Basic Principles of Probability Theory, b) Applied Statistics and c) Experimental Design. The aim of the first unit is for students to become familiar with the basic concepts of probability theory, in order to formulate the theoretical competence that will then allow them to evaluate experimental data in practice. Purpose of the second section; which includes practical application of techniques and tools in the computer lab; are students to know the basic statistical techniques required for data analysis, to be able to conduct quantitative and qualitative research, to analyze and process experimental data or field research results, and to evaluate the results of statistical tests (inference) ). Finally, the third section analyzes the concepts of factorial design with two or more factors and two or more price levels as well as the optimal experimental design.

During the course the student gets in touch with the way individuals and companies make decisions, as well as how and under what conditions these decisions interact with each other. Thus, the behavior of the individual units of the economy (consumers & producers) in the context of the operation of the various forms of market is studied at the microeconomic level. At the macro level of the course the student comes in contact with the economic models and cycles of economics, but also the basic macroeconomic variables, such as GDP, unemployment, inflation, etc. Also analyzes the role of banks in the economy, international trade the relevant indicators of competitiveness, as well as the role of the state in the economy. The knowledge acquired in this course allows the modern engineer to be able to monitor and understand the broader national and international developments, but also to process the relevant data, so that he can evaluate decisions that may be called upon to make financially in whatever field it operates.

The subject of this course is to understand the role, functions, management and decision-making process, as well as the determinants of a company's performance. The course first describes the basic concepts of the overall operation of the economic environment, while then analyzes the role and form of modern business. In the next section we focus on the inside of the company and explore its main functions such as the development of the production process, sales, technology and innovation management, human resource management, financial management, etc. Finally, in the third thematic unit of the course, costing and invoicing methods are analyzed, as well as basic tools and techniques of investment evaluation, in order to form a complete picture of the way in which decisions are made and the business strategy is formed.

Market research and analysis and competition are an integral part of the necessary administrative and financial knowledge of the modern engineer. After all, the design and development of successful and user-friendly products (goods and services), operating units and sustainable business ventures require a good knowledge of the needs and requirements of users, the features, structure and trends of the respective market as well as and the procedures for procuring the necessary inputs. Finally, the professional employment of engineers in areas and activities such as Marketing, Technical Sales, Procurement, Technology and Innovation Management, Plant Design and Project Management requires knowledge and market research and analysis techniques.

The purpose of the course is training in innovation and entrepreneurship and in particular in the design of business ventures based on the use of knowledge and technology but also the initial support of all those who intend to try to implement them in the real world of business. In addition, the course encourages students to work in groups to complete a business plan, to practice, to evaluate technical, financial and business data, to support and make decisions, and to organize their implementation.

The course aims to provide knowledge and develop skills and competencies required for successful project and program management. The projects and programs include the planning and implementation of a set of complex activities that consume resources, within an agreed schedule, an estimated and acceptable budget as well as the necessary technical specifications and requirements. In addition, the design, organization and management of projects is today a key professional occupation of modern engineering, organizations and companies operate more and more on projects (projects) in conjunction with the development of networks (extending the boundaries of their operation) . Projects and networks coexist with their conventional organizational structures / functions and the range of products and services they produce and offer.

The course focuses on the need for innovation for the survival and robust growth of businesses in an international and rapidly changing technological environment. The subjects of the course are knowledge management and technological changes, patents and strategic choices, innovation models and the development of innovation at business and national level. Special emphasis is given to the concept of entrepreneurship and its role for the financial development and growth of the company (scale up), while recognizing the main mechanisms of new knowledge production and the formal phases in the process of developing new ICT products and services.

The aim of the course is to get the students acquainted with the developments in the international environment and the emerging new international division of labor as well as with the effects it has on the economic, technological and business activity worldwide, but with emphasis on Greece and Europe. Also, the evaluation of the basic parameters of an industrial policy, as well as the methodological and conceptual evaluation of the concept of international competitiveness of a country, an industry, an organization.