MSc Entrepreneurship and Innovation

Southend Campus

 

INTAKE: October

Program Overview

The MSc Entrepreneurship and Innovation program at the University of Essex is designed to equip students with the knowledge and skills necessary to start and manage innovative ventures. This program combines theoretical insights with practical application, enabling students to develop an entrepreneurial mindset and an understanding of the innovation process.

  1. Entrepreneurial Mindset: The program focuses on cultivating an entrepreneurial mindset by fostering creativity, critical thinking, and problem-solving skills. Students learn to identify and evaluate business opportunities, think strategically, and develop innovative solutions.

  2. Innovation Management: Students gain an understanding of the innovation process and learn how to manage innovation within organizations. They study topics such as technology commercialization, intellectual property rights, and innovation strategies.

  3. Business Planning and Development: The program provides practical training in business planning and development. Students learn how to develop a comprehensive business plan, including market analysis, financial forecasting, and risk assessment. They also explore funding options and strategies for scaling up businesses.

  4. Entrepreneurial Finance: The program covers the financial aspects of entrepreneurship, including sources of funding, financial modeling, and investment strategies. Students learn how to assess the financial viability of ventures, manage cash flow, and attract investors.

  5. Entrepreneurial Marketing: Students explore the unique marketing challenges faced by entrepreneurs and learn how to develop effective marketing strategies for new ventures. They study topics such as market research, branding, customer acquisition, and digital marketing techniques.

  6. Entrepreneurial Leadership: The program emphasizes the development of leadership skills required for entrepreneurial success. Students learn how to motivate and inspire teams, manage conflicts, and navigate the challenges of leading a startup or innovative project.

  7. Practical Experience: The program provides opportunities for students to gain practical experience through internships, consulting projects, or business simulations. This allows students to apply their knowledge in real-world settings and build valuable networks within the entrepreneurial ecosystem.

Pollster Education

Location

Southend Campus

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 20350

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  50 to 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 90.
    • 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.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.

The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.  

  1. Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
  2. International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
  3. Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
  4. Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
  5. Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
  6. Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.

It is important to note that scholarship availability, eligibility criteria, and application processes may change over time. 

Graduates of the MSc Entrepreneurship and Innovation program have diverse career prospects in the entrepreneurship and innovation ecosystem.

  1. Startup Founder: Graduates can start their own businesses and become entrepreneurs. They can bring their innovative ideas to life, manage their ventures, and pursue growth and success in their chosen industries.

  2. Innovation Manager: Graduates can work as innovation managers in established organizations. They can lead initiatives to drive innovation, develop new products or services, and create a culture of innovation within the organization.

  3. Business Development Manager: Graduates can work as business development managers, identifying growth opportunities and implementing strategies to expand existing businesses or enter new markets. They may be responsible for strategic partnerships, mergers and acquisitions, or market entry strategies.

  4. Venture Capitalist: Graduates can work in venture capital firms, evaluating investment opportunities in startups and providing funding to promising ventures. They assess the potential of business ideas, conduct due diligence, and support the growth of portfolio companies.

  5. Innovation Consultant: Graduates can work as consultants, providing expertise in entrepreneurship and innovation to organizations. They may help companies develop innovation strategies, improve their innovation processes, or identify market opportunities.

  6. Entrepreneurial Ecosystem Support: Graduates can work in organizations that support the entrepreneurial ecosystem, such as business incubators, accelerators, or innovation hubs. They may facilitate the growth of startups, provide mentorship and guidance, or organize events and programs to foster entrepreneurship.

  7. Entrepreneurial Educator: Graduates can pursue careers in academia or training institutions, sharing their knowledge and experiences with aspiring entrepreneurs. They can teach entrepreneurship courses, conduct research in the field, or develop entrepreneurship training programs.


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