MSc Accounting and Finance
The MSc Accounting and Finance program at the University of Portsmouth is designed to p...
MSc Innovation Management and Entrepreneurship
Portsmouth
INTAKE: September
Program Overview
The MSc Innovation Management and Entrepreneurship program at the University of Portsmouth is designed to develop students' knowledge and skills in managing innovation and fostering entrepreneurial initiatives. The program combines theoretical foundations with practical applications, enabling students to understand the complexities of innovation processes and develop their entrepreneurial mindset.
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Innovation Management: The program focuses on the management of innovation within organizations. Students learn about innovation strategies, idea generation and selection, and technology transfer. They study innovation models, change management, and the impact of innovation on business performance.
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Entrepreneurship: The program explores the principles and practices of entrepreneurship. Students learn about opportunity recognition, business planning, and venture creation. They develop skills in identifying market gaps, assessing feasibility, and developing business models. Students gain insights into entrepreneurial finance, marketing, and growth strategies.
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Creativity and Design Thinking: The program emphasizes creativity and design thinking as essential elements for innovation and entrepreneurship. Students learn techniques for fostering creativity, problem-solving, and design-driven innovation. They gain practical experience in using design thinking tools to generate innovative solutions and enhance user experiences.
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Strategic Innovation: The program covers strategic aspects of innovation management. Students explore innovation in the context of industry dynamics, competition, and globalization. They learn about disruptive innovation, open innovation, and collaboration strategies. Students develop skills in strategic analysis, technology forecasting, and innovation implementation.
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Entrepreneurial Leadership: The program focuses on developing leadership skills required for entrepreneurial success. Students learn about effective communication, team-building, and negotiation. They gain insights into ethical decision-making, managing risk and uncertainty, and leading organizational change. Students enhance their entrepreneurial leadership capabilities through case studies and interactive exercises.
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Entrepreneurial Ecosystems: The program explores the role of ecosystems in supporting entrepreneurship and innovation. Students learn about the components of entrepreneurial ecosystems, such as incubators, accelerators, and support networks. They understand the interactions between entrepreneurs, investors, government agencies, and other stakeholders in fostering innovation and growth.
Location
Portsmouth
Score
IELTS 6.5
Tuition Fee
£ 17900
Postgraduate Entry Requirements:
- Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 55% or equivalent.
- English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 91, with at least 17 in Listening, 20 in Reading, 21 in Speaking, and 20 in Writing.
- PTE Academic: A minimum overall score of 62 with no individual score below 51.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
The University of Portsmouth offers a range of scholarships and funding opportunities to support students in their academic journey. These scholarships are aimed at both domestic and international students and are awarded based on various criteria such as academic excellence, financial need, and specific areas of study.
- Chancellor's Scholarship: This prestigious scholarship is awarded to exceptional students who demonstrate academic excellence and potential. It provides a significant fee reduction for the duration of the student's course.
- Vice-Chancellor's Global Development Scholarship: This scholarship is available to international students from selected countries who are applying for undergraduate or postgraduate taught courses. It offers a fee reduction of up to £4,000.
- Country-Specific Scholarships: The university offers scholarships specifically for students from certain countries or regions. These scholarships vary in value and eligibility criteria.
- Sports Scholarships: The University of Portsmouth recognizes the achievements of talented athletes and offers sports scholarships to support their development and academic success. These scholarships provide financial support, training facilities, and other benefits.
- Departmental Scholarships: Some academic departments at the University of Portsmouth offer scholarships to students who demonstrate exceptional academic performance or have a particular interest in a specific field of study. These scholarships are often subject-specific and may vary in terms of eligibility and value.
Graduates of the MSc Innovation Management and Entrepreneurship program have diverse career prospects in various sectors.
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Startups and New Ventures: Graduates can pursue entrepreneurial careers by starting their own ventures or joining early-stage startups. They can apply their knowledge and skills to develop innovative business ideas, secure funding, and manage the challenges of launching and scaling new ventures.
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Innovation Management: Graduates can work in innovation-focused roles within established organizations. They can contribute to innovation strategies, lead innovation projects, and manage the implementation of new technologies and processes. They may work in sectors such as technology, manufacturing, healthcare, or consulting.
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Business Development: Graduates can work in business development roles, identifying growth opportunities and driving strategic initiatives. They can assess market trends, conduct market research, and develop partnerships or collaborations to expand business reach. Graduates can work in various industries, including technology, finance, and consumer goods.
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Entrepreneurial Consulting: Graduates can work in consulting firms specializing in innovation and entrepreneurship. They can provide advisory services to startups, established businesses, or government organizations. They may assist clients in developing innovation strategies, evaluating market opportunities, or implementing organizational changes.
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Venture Capital and Investment: Graduates with a strong understanding of innovation and entrepreneurship can pursue careers in venture capital firms or investment organizations. They can assess investment opportunities, conduct due diligence, and provide guidance to startup founders. Graduates can contribute to the growth of innovative businesses by connecting them with funding and resources.
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Policy and Government: Graduates can work in government agencies or policy-making organizations focused on promoting innovation and entrepreneurship. They can contribute to the development of policies and programs that support startup ecosystems, innovation clusters, and economic growth. Graduates may engage in research, policy analysis, or program management.
