MSc Information Security Management
MSc Information Security Management at Middlesex University, UK is a comprehensive prog...
MSc Innovation Management and Entrepreneurship
London
INTAKE: Jan & Oct
Program Overview
Middlesex University's MSc Innovation Management and Entrepreneurship course is designed to empower students with the skills and knowledge to thrive in today's dynamic and competitive business environment. This program focuses on fostering creativity, innovation, and entrepreneurial thinking.
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Innovation Management: The program provides a comprehensive understanding of innovation management principles and practices. Students learn how to identify and evaluate opportunities for innovation, develop innovative strategies, and implement them effectively within organizations. They explore topics such as innovation processes, creativity techniques, technology adoption, and managing innovation in different industries.
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Entrepreneurship: The course equips students with the entrepreneurial mindset and skills needed to start and manage their own ventures. They learn about entrepreneurial finance, business planning, opportunity recognition, and risk management. Students also gain insights into the challenges and opportunities associated with entrepreneurship in various contexts.
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Design Thinking: Design thinking is a crucial aspect of innovation and entrepreneurship. Students learn how to apply design thinking principles and methodologies to solve complex problems, create user-centered solutions, and foster a culture of innovation within organizations. They gain hands-on experience in using design thinking tools and techniques.
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Business Development: The program covers the essentials of business development, including market analysis, customer segmentation, product/service positioning, and go-to-market strategies. Students learn how to develop viable business models, conduct market research, and create value propositions that resonate with target customers.
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Strategic Management: Strategic management is a key component of innovation and entrepreneurship. Students study strategic frameworks and concepts to formulate effective business strategies. They learn how to align innovation and entrepreneurship initiatives with the overall strategic goals of an organization.
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Entrepreneurial Finance: Understanding the financial aspects of entrepreneurship is crucial for success. The course covers topics such as fundraising, financial planning, venture capital, and managing financial resources for startups and innovative projects. Students gain insights into financial modeling, valuation, and investment decision-making.
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Corporate Innovation: Students explore how established organizations foster innovation and manage intrapreneurship. They learn about corporate innovation strategies, open innovation models, and collaboration with startups. The course also examines the challenges and best practices for managing innovation within larger organizations.
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Entrepreneurial Ecosystems: The program provides an understanding of the broader entrepreneurial ecosystem, including incubators, accelerators, and support organizations. Students explore the role of government policies, industry networks, and innovation hubs in fostering entrepreneurship and innovation at the regional and national levels.
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Industry Engagement: Middlesex University emphasizes industry engagement and practical learning. The program incorporates guest lectures, industry projects, and case studies to expose students to real-world challenges and best practices. Students have opportunities to interact with industry professionals and build their professional networks.
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Innovation and Entrepreneurship Project: As part of the course, students undertake an innovation or entrepreneurship project, allowing them to apply their knowledge and skills to a real-world scenario. This project provides hands-on experience and enhances students' ability to analyze, innovate, and implement entrepreneurial ideas.
By completing the MSc Innovation Management and Entrepreneurship course at Middlesex University, students are well-prepared to pursue diverse career paths. Graduates can become entrepreneurs, start their own businesses, or work in innovation-focused roles within established organizations. They are equipped with the skills to identify and exploit opportunities, drive organizational growth, and navigate the challenges of the ever-evolving business landscape.
Middlesex University's strong industry connections and supportive learning environment contribute to the success of graduates. The university's career services provide guidance on entrepreneurship, job searching, and networking, further enhancing graduates' career prospects and opportunities.
Location
London
Score
IELTS: 6.5
Tuition Fee
£ 16800
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 6.0.
- TOEFL: A minimum overall score of 87, with at least 21 in Listening, 23 in Reading, 22 in Speaking, and 21 in Writing.
- PTE Academic: A minimum overall score of 59 with no individual score below 59.
- 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.
Work experience: Some postgraduate courses may require relevant work experience in the field.
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.
Middlesex University offers a range of scholarships and financial support options to help students pursue their academic goals.
- Vice Chancellor's Excellence Scholarship: The Vice Chancellor's Excellence Scholarship is a prestigious scholarship awarded to high-achieving students who demonstrate outstanding academic excellence. It provides a partial fee waiver for undergraduate and postgraduate programs at Middlesex University.
- Regional and Country-specific Scholarships: Middlesex University offers scholarships specifically designed for students from certain regions or countries. These scholarships aim to promote diversity and support international students.
- Merit Scholarships: Merit scholarships are awarded to students who have achieved exceptional academic performance. These scholarships are available for both undergraduate and postgraduate programs and provide financial assistance in the form of tuition fee reductions.
- Alumni Loyalty Bursary: The Alumni Loyalty Bursary is available to Middlesex University graduates who wish to pursue further studies at the university. This bursary offers a fee reduction for eligible postgraduate programs, supporting alumni in their educational and professional development.
- External Scholarships and Funding: Middlesex University provides information and guidance on external scholarships and funding opportunities. These scholarships are offered by various organizations, foundations, and governments to support students' educational journeys. The university assists students in identifying and applying for external scholarships relevant to their program of study.
Graduates have a wide range of career prospects in the field of innovation, entrepreneurship, and business management upon completing the MSc Innovation Management and Entrepreneurship course at Middlesex University. This program equips students with the necessary skills and knowledge to thrive in various roles and sectors.
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Entrepreneurship: Graduates can pursue entrepreneurial ventures and start their own businesses. The program provides them with a solid foundation in entrepreneurial skills, including opportunity recognition, business planning, financial management, and risk assessment. They can apply their innovative thinking and business acumen to create and grow their own successful ventures.
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Innovation Manager: Many organizations, both large and small, are seeking professionals who can drive innovation within their operations. Graduates can work as innovation managers or innovation consultants, responsible for identifying and implementing innovative ideas, managing innovation projects, and fostering a culture of creativity within organizations.
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Product Development Manager: In product-oriented industries, such as technology, consumer goods, and manufacturing, graduates can pursue roles as product development managers. They can contribute to the entire product lifecycle, from ideation and concept development to market launch. Their expertise in innovation management ensures the successful development and commercialization of new products.
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Business Development Manager: The skills gained from the MSc Innovation Management and Entrepreneurship course make graduates well-suited for business development roles. They can help organizations identify growth opportunities, explore new markets, and develop strategic partnerships. Their ability to innovate and think entrepreneurially gives them an edge in driving business growth.
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Innovation Consultant: Consulting firms and innovation agencies often hire professionals with expertise in innovation management and entrepreneurship. Graduates can work as innovation consultants, providing strategic advice to clients on how to foster innovation, improve processes, and gain a competitive edge. They may assist in developing innovation strategies, conducting market research, and implementing innovation initiatives.
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Research and Development (R&D) Manager: In industries focused on research and development, such as pharmaceuticals, biotechnology, and technology, graduates can pursue roles as R&D managers. They can lead teams in developing new products, technologies, or processes, ensuring that innovation is effectively managed throughout the R&D process.
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Business Analyst: Graduates can work as business analysts, helping organizations identify market trends, assess competitors, and analyze customer needs. They can contribute to strategic decision-making by providing insights into emerging opportunities and recommending innovative solutions to drive business growth.
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Project Manager: With their strong project management skills, graduates can pursue roles as project managers in innovation-focused projects. They can lead cross-functional teams, oversee project execution, and ensure the successful implementation of innovative initiatives within organizations.
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Innovation Policy Advisor: Government agencies, research institutes, and non-profit organizations often seek professionals with expertise in innovation management to shape innovation policies and strategies. Graduates can work as innovation policy advisors, contributing to the development and implementation of policies that foster innovation and support entrepreneurship at the regional, national, or international level.
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Start-up Ecosystem Support: Graduates can join organizations that support start-up ecosystems, such as incubators, accelerators, or entrepreneurship support centers. They can provide guidance and mentorship to aspiring entrepreneurs, assist in evaluating business ideas, and help start-ups navigate the challenges of building a successful business.
