The University of Piraeus is situated at the Piraeus city centre, only 15 minutes on foot away from the Metro terminal, with Bus and Tram connections also available nearby. The Acropolis and Athen's city centre are within 10 minutes' reach by Metro (green line, exit at Thissio station), and the University main building is less than 5 minutes walk from the colourful yacht port of Pasalimani.

The University of Piraeus was originally founded in 1938 by the Industrialists and Tradesmen Association, under the name "School for Industrial Studies”. It became a public University at 1966 and received its current name in 1989.

The University of Piraeus provides instruction and degrees in the fields of Economics, Business Administration, Statistics and Insurance Science, Financial Management and Banking, Industrial Management, Maritime Studies, International and European Studies, Informatics, and Digital Systems. Currently under proposal with the Ministry of National Education and Religious Affairs is the inclusion of additional fields of study such as Medicine, Social Administration, European Legal Studies, Primary Education, Infant Education, and Tourist Economy.

The University is also home to the University of Piraeus Research Center (UPRC), which has participated in technological research on both national and international levels, particularly in areas related to networking and internet technology.

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