MSc Innovation Management and Entrepreneurship

Learn how to become a creative and adaptive business leader

Overview

Innovation and entrepreneurial thinking are two of the greatest tools a professional can use. When properly harnessed and effectively used, they can lead to increased profits, accelerated growth, and more jobs within an organisation.

With the aid of this online postgraduate course, you can look forward to learning how to set up a new business or take your company to new levels of success. You’ll master the techniques and contemporary skills needed to establish yourself as a creative, proficient business leader.

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Course Details

3 start dates per year: January, May and September

Next welcome week: 18 September 2023

Next course start date: 25 September 2023

Application deadline: 11 September 2023. Apply as soon as possible to secure your place.

Duration: 2 years (part time).

Format: Online, with optional face-to-face events.

Total course fees: £9,400 (including a £250 acceptance fee)

Tailored support: Contact our course adviser team today for application advice

Application form link: Start your application for September 2023 now

Why this course?

This Master’s course is designed to provide you with the in-depth knowledge and understanding required to become an entrepreneur, as well as effectively manage and drive innovation in an existing business.

You can expect to develop valuable expertise around opportunity recognition, product development, commercialisation, operational growth, strategic thinking, and more.

Through your studies, you’ll gain conceptual and analytical skills that can be applied to startups, small and medium-sized enterprises (SMEs), and large businesses across the private and public sector.

Our academics have practical and/or academic experience in the fields of entrepreneurship and innovation management, so you’ll benefit from concrete, real-world lessons that can be immediately applied to your own career.

Join the next generation of business pioneers and foster a successful career in your industry of choice.

Modules

Whether you’re looking to lead in your current organisation or start your own, our modules have been thoughtfully designed to give you the ability to drive creativity – and in turn, commercial success. While many innovation-related courses typically only offer 15-credit modules, our academics have created the below 30-credit modules and a dissertation module with the aim to give you a comprehensive set of professional capabilities in each aspect of innovation and entrepreneurship. You can look forward to learning different perspectives on how to innovate and support the creation of new, viable businesses. The practical nature of the course will also help prepare you for real-world challenges; you’ll gain first-hand expertise on how to test products, build business models, and more.
Module 1 - Entrepreneurship Theory (30 credits)

Your studies for this module will introduce you to the field of entrepreneurship as the process of starting and growing a new enterprise.

Through engaging with contemporary research and critical discussions in this field, you’ll start to hone the ever-evolving mindset associated with spotting and developing opportunities and setting up new organisations.

Module 2 - Innovation Management (30 credits)

This module presents a contemporary view of innovation management that focuses on the links and overlaps between groups rather than on a single perspective from, for example, marketing or research and development.

You’ll get to explore the field of innovation management and examine the issues faced by organisations engaged in developing new innovative outputs. Upon completion, you’ll be able to comprehend and use innovation topologies, concepts, and tools.

Module 3 - Managing New Product Development (30 credits)

Gain advanced knowledge of the processes involved in product development, including the most effective ways to manage them. You’ll have the opportunity to create and test a new product concept with potential customers and analyse it in detail within lectures and group discussions.

Module 4 - Entrepreneurship and Business Venturing (30 credits)

This is a practical module that focuses on identifying an opportunity and developing a viable business model by adopting a design-thinking approach.

Through the process of market validation by gathering customer and market feedback, you’ll continuously iterate and evolve your business model and develop your entrepreneurial behaviours and attitudes such as leadership, resilience, and adaptability.

Module 5 - Research Methods and Dissertation (60 credits)

This final module will help familiarise you with different methods – both qualitative and quantitative – for undertaking research in entrepreneurship or innovation management.

With your dissertation, you’ll have the scope to address a challenge relating to your current place of work or even any potential future career roles.

Previous dissertation topics by our on-campus students include:

  • How is the credibility of a biotech start-up affected by its choice of partnerships?
  • The impact of new machineries in the knitting industry in Tamil Nadu, India
    Attitudes and perceptions of female entrepreneurship in male-dominant industries
  • The influence of leadership styles on team success and managerial playing styles in English football between 2015-2019
  • The effect of social media on informal businesses in Jordan.

How you will learn

Benefits of learning online with us

How you'll learn with us
Our part-time, online courses fit around you. Forget visas and moving costs, with our online degree programmes, you can access your course from anywhere in the world. You’ll need to spend approximately 20-25 hours studying every week. As all course materials are available on demand, you can revise on the days and times that suit you best. We know you have a busy life, so to keep things manageable, your course modules are broken down into weekly segments. This allows you to fit your studies around your work, family, and social life.
Moodle
All our modules, learning activities, and assessments are delivered online. We do this via Moodle, our easy-to-use Digital Learning Environment (DLE). All you need is regular access to a computer and an internet connection. Through Moodle, you'll have access to discussion forums where you can chat to your online tutors and other students about the course. Watch our short video to find out more about Moodle and then book a personalised demo with our Course Advisers, at a time to suit you.
What does a typical week look like?
Weekly topic Build your course-specific knowledge Challenge activities Apply your studies in learning activities Discussion forums Reinforce your knowledge by sharing ideas with other students Weekly webinar Discuss the week’s topic with your tutor and other students
Additional support
Studying at Master’s level requires significant independent study, and self-motivation is vital. There are support services available for you to access throughout your studies, these include: University student services, such as IT Support, Student Support, study skills training, and the Library Your Student Adviser Team, who can answer practical and pastoral questions throughout your studies.

How students study with us

No visas or moving costs
• Access course from anywhere in the world
• Spend approx. 20-25 hours studying each week
• All course materials are available on demand
• Revise on the days and times that suit you best
• Course modules broken down into weekly
segments
• Fit studies around work, family and social life
• Support with non-academic queries from a
student adviser team

Additional Support

As one of our students, you’ll have access to a range of services designed to support your studies and make your time with us as enjoyable as possible. -Our comprehensive online library of books, journals, and resources -A Student Advisor team to answer non-academic queries -Online software tutorials via LinkedIn Learning -The Students’ Union community -Career advice, CV creation, practice interviews, and more via our careers platform

Career prospects and opportunities

Our MSc Innovation Management and Entrepreneurship will facilitate the personal, professional, and academic development you need to innovate in your existing role or while starting a new business.

Just as crucially, the practical expertise and interpersonal capabilities you can expect to gain will allow you to confidently adapt and apply your knowledge to the changes and challenges of real-world business operations.

With the additional support you can receive from our excellent Careers and Employability Service, these abilities will help make you a highly competitive hire for organisations across different industries, sectors, and regions.

Upon graduation you’ll also join our Alumni Association and get to network with accomplished professionals from across the world. As a member of this global community, you’ll be able to forge connections that can create new opportunities for your career and your place of work.

Careers and opportunities for MSc Innovation Management and Entrepreneurship graduates

In today’s highly competitive marketplace, companies of all forms rely on innovation to stay viable – from small and medium-sized enterprises to multinational corporations, to embassies and non-governmental organisations.

With your MSc Innovation Management and Entrepreneurship, you’ll have the critical and creative thinking needed to apply appropriate research techniques for your organisation; undertake effective decision-making, and successfully market your offering to the right audience. This will put you in an excellent place to take on management or leadership positions in a range of industries, from technology to the arts.

Your capabilities could open you to a number of exciting roles, such as:

Product innovation manager / Product development manager:

Product innovation managers oversee the entire or a part of the development process for a company’s product offering – from identification to production. They also strive to ensure that all products are technically viable, cost-efficient, and most importantly, answer a market need.

Chief innovation officer:

Individuals in this role are responsible for managing their organisation’s innovation process. This can include supporting team development, identifying new technologies, and implementing best practices that help foster a culture that’s conducive to innovation.

Change agent:

As their title suggests, change agents help initiate and manage change in an organisation. Their advanced interpersonal skills and business expertise allow them to guide teams in the adoption of new processes – or to resolve existing challenges within the workplace.

Entrepreneur:

Entrepreneurs are people who start their own companies with the aim of establishing them within an industry. As with many leadership roles, they are able to use their expertise across industries, allowing them to explore multiple opportunities as they arise.

How to apply

Benefits of learning online with us

To join this course, you must have:

  • A first or a second-class honours degree in a relevant subject or a degree with relevant experience, or equivalent professional experience and/or qualifications.
  • English language proficiency at a minimum of IELTS band 6.0 with no component score below 5.5. (or other acceptable proof), if English is not your first language.

When applying, you’ll also be required to submit:

  • Two references
  • Personal statement.

If you’re unsure whether you’re eligible to apply, please get in touch with our course adviser team for advice.

Contact an Agent

Share your details in order to receive information about this high quality online masters course.

You’ve got the potential for success. Now’s the time for action.