MSc Accounting and financial Management
The MSc Accounting and Financial Management course at Royal Holloway University of Lond...
MSc Entrepreneurship and Innovation with a Year in Business
Egham Campus
INTAKE: September
Program Overview
The MSc Entrepreneurship and Innovation with a Year in Business course at Royal Holloway, University of London is designed to provide students with a comprehensive understanding of entrepreneurship and innovation, along with the opportunity to gain real-world experience through a year-long industry placement.
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Entrepreneurial Mindset: The course focuses on developing an entrepreneurial mindset, teaching students to identify opportunities, think creatively, and take calculated risks. Students learn to embrace uncertainty and develop the resilience required to navigate the challenges of starting and growing a new venture.
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Innovation and Creativity: The program emphasizes the importance of innovation and creativity in entrepreneurship. Students explore various innovation frameworks, learn to generate and evaluate new ideas, and understand how to transform innovative concepts into viable business models.
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Business Planning and Strategy: Students gain expertise in business planning and strategy development. They learn to assess market dynamics, analyze competitors, and formulate effective strategies to achieve sustainable growth. The program also covers topics such as market research, financial planning, and resource allocation.
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Entrepreneurial Finance: The course provides a solid understanding of entrepreneurial finance, including funding options, financial management, and valuation methods. Students learn to develop financial models, prepare investment pitches, and negotiate funding deals. They also explore alternative financing methods, such as crowdfunding and venture capital.
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Start-up Operations and Management: Students delve into the operational aspects of running a start-up, including managing human resources, operations, and supply chain. They gain insights into lean start-up methodologies, agile project management, and scaling strategies. The program also covers legal and ethical considerations in entrepreneurship.
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Entrepreneurial Marketing: The course explores innovative marketing strategies for entrepreneurial ventures. Students learn to develop marketing plans, create brand identities, and utilize digital marketing tools to reach target audiences. They also explore customer acquisition, retention, and relationship management techniques.
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Entrepreneurial Leadership and Team Building: Students develop leadership skills essential for entrepreneurial success. They learn how to build and lead high-performing teams, foster a culture of innovation, and manage interpersonal dynamics. The program also emphasizes ethical leadership and social responsibility.
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Entrepreneurial Ecosystems: Students gain insights into the entrepreneurial ecosystems and learn how to leverage resources and networks to support their ventures. They explore the role of government policies, incubators, accelerators, and industry partnerships in nurturing entrepreneurial success.
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Industry Placement: One of the unique features of the program is the year-long industry placement. Students have the opportunity to work in a real-world business environment, applying their knowledge and skills to solve practical challenges. This placement provides invaluable hands-on experience, networking opportunities, and a chance to gain industry-specific insights.
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Entrepreneurship Research Project: As part of the program, students undertake an entrepreneurship research project. They have the flexibility to choose a topic of interest and conduct in-depth research, contributing to the field of entrepreneurship and innovation.
Location
Egham Campus
Score
IELTS: 6.5
Tuition Fee
£ 22000
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 60% to 65% 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.
- PTE Academic: A minimum overall score of 61 with no individual score below 54.
- 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.
Royal Holloway, University of London offers a range of scholarships to support students in their academic pursuits. These scholarships are designed to recognize excellence and provide financial assistance to eligible students.
- Founder's Scholarship: This is the most prestigious scholarship at Royal Holloway, awarded to undergraduate students who demonstrate exceptional academic achievement and potential. It covers full tuition fees and provides a generous annual stipend.
- Royal Holloway Excellence Scholarship: This scholarship is awarded to undergraduate students based on their academic achievement and potential. It offers a £2,500 tuition fee waiver for each year of study.
- International Excellence Scholarship: This scholarship is specifically for international undergraduate students. It provides a tuition fee reduction of £4,000 per year for the duration of the program.
- Masters Scholarships: Royal Holloway offers a variety of scholarships for postgraduate students, including the RHUL Principal's Masters Scholarship, the RHUL International Excellence Masters Scholarship, and subject-specific scholarships.
- Sports Scholarships: These scholarships are available to students who excel in sports and have the potential to represent the university at a high level. They provide support in the form of financial assistance and access to training facilities.
It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary.
The MSc Entrepreneurship and Innovation with a Year in Business program at Royal Holloway, University of London offers excellent career prospects.
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Start-up Founder/Entrepreneur: Graduates can launch their own ventures, equipped with the knowledge, skills, and industry experience gained during the program. They can apply their entrepreneurial mindset and strategic thinking to build successful businesses.
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Innovation Manager: Graduates can work in innovation management roles within established companies. They can lead innovation projects, drive organizational change, and help companies stay competitive by implementing innovative strategies.
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Business Development Manager: Graduates can pursue careers as business development managers, identifying growth opportunities, forging strategic partnerships, and expanding market reach for existing organizations.
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Corporate Entrepreneur: Graduates can work in large corporations, driving innovation and spearheading intrapreneurial initiatives. They can lead innovation teams, develop new product/service offerings, and explore disruptive business models within established organizations.
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Consultancy and Advisory Roles: Graduates can work as consultants, providing specialized entrepreneurial and innovation expertise to start-ups, small businesses, or corporate clients. They can offer strategic guidance, market analysis, and support in areas such as business planning, growth strategies, and innovation management.
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Venture Capitalist/Investor: Graduates with a strong understanding of entrepreneurship and innovation can pursue careers in venture capital firms or angel investor networks. They can evaluate investment opportunities, provide funding to promising ventures, and support portfolio companies.
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Policy Maker/Entrepreneurship Support: Graduates can work in government organizations or entrepreneurship support agencies, shaping policies, designing programs, and providing support services to nurture entrepreneurship and foster innovation.
The MSc Entrepreneurship and Innovation with a Year in Business program at Royal Holloway, University of London offers a comprehensive curriculum that equips students with the knowledge, skills, and entrepreneurial mindset necessary to thrive in the dynamic world of entrepreneurship. The year-long industry placement provides valuable practical experience, while the program's focus on innovation, strategy, finance, marketing, and leadership prepares graduates for a wide range of career opportunities, including starting their own ventures, working in innovation management roles, becoming business development managers, corporate entrepreneurs, consultants, investors, or policy makers.
