MSc Entrepreneurship and Innovation Management with Advanced Practice

City Campus, Northumbria University

 

INTAKE: September

Program Overview

The MSc Entrepreneurship and Innovation Management with Advanced Practice program at Northumbria University is designed to equip students with the knowledge, skills, and entrepreneurial mindset needed to excel in the dynamic world of entrepreneurship and innovation. This program provides a comprehensive understanding of the key concepts, strategies, and practical tools required to start and manage successful ventures, as well as drive innovation within established organizations. With a strong focus on experiential learning and industry engagement, the program prepares students for a range of entrepreneurial and innovative career opportunities.  

  1. Curriculum: The program offers a well-rounded curriculum that covers core topics in entrepreneurship and innovation management. Students learn about entrepreneurial theory and practice, innovation strategies, business planning, market analysis, financial management, and project management. They also gain insights into emerging trends, disruptive technologies, and sustainable business practices.

  2. Experiential Learning: The program emphasizes hands-on, experiential learning to enhance students' practical skills and entrepreneurial mindset. Through real-world projects, business simulations, case studies, and guest lectures from industry experts, students gain valuable insights into the challenges and opportunities of the entrepreneurial journey.

  3. Advanced Practice: The Advanced Practice module provides students with an opportunity to apply their knowledge and skills in a real-world setting. They have the option to undertake a work placement, engage in an entrepreneurial project, or pursue a research project. This immersive experience allows students to gain practical industry experience, build networks, and further develop their entrepreneurial and innovation management capabilities.

  4. Entrepreneurship Ecosystem: Northumbria University is located in Newcastle upon Tyne, a vibrant city known for its entrepreneurial spirit and thriving startup scene. Students benefit from the strong entrepreneurship ecosystem, with access to networking events, incubators, accelerators, and mentorship programs. The university's strong industry links provide opportunities for students to connect with local entrepreneurs and innovators.

  5. Guest Speakers and Industry Engagement: Throughout the program, students have the chance to engage with guest speakers from the industry, including successful entrepreneurs, business leaders, and innovation experts. These interactions provide valuable insights, networking opportunities, and industry-relevant perspectives.

  6. Entrepreneurial Support: Northumbria University offers dedicated support and resources to aspiring entrepreneurs. Students have access to the university's Entrepreneurial Incubation Hub, which provides mentorship, guidance, and support for startup ventures. They can also access funding opportunities, workshops, and entrepreneurial events.

  7. International Perspective: The MSc Entrepreneurship and Innovation Management with Advanced Practice program attracts a diverse cohort of students from around the world. This global perspective fosters cross-cultural collaboration, exposes students to international business practices, and encourages the exchange of ideas and experiences.

  8. Career Development: The program aims to develop students' employability and entrepreneurial skills, preparing them for a range of career paths. Graduates may pursue opportunities as entrepreneurs, startup founders, innovation managers, business consultants, or intrapreneurs within established organizations. They can also explore roles in venture capital firms, innovation agencies, and entrepreneurship support organizations.

  9. Research and Innovation: Northumbria University is known for its strong research culture and commitment to innovation. Students have the opportunity to engage with ongoing research projects, collaborate with academic staff, and contribute to the knowledge and practice of entrepreneurship and innovation.

  10. Professional Recognition: The MSc Entrepreneurship and Innovation Management with Advanced Practice program is accredited by professional bodies such as the Chartered Management Institute (CMI) and the Institute of Leadership and Management (ILM). This recognition adds value to the qualification and enhances graduates' professional credibility.

Northumbria University's MSc MSc Entrepreneurship and Innovation Management with Advanced Practice program offers a comprehensive and practical education in entrepreneurship and innovation. Through its dynamic curriculum, industry engagement, and experiential learning opportunities, the program prepares students for successful careers in the entrepreneurial landscape.

Pollster Education

Location

City Campus, Northumbria University

Pollster Education

Score

IELTS:6.5

Pollster Education

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% 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.
  • 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. Some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Northumbria University provides support and opportunities for international students to pursue their education. The university offers a range of scholarships specifically designed to assist international students with their tuition fees and living expenses. These scholarships recognize academic excellence, leadership potential, and contribution to the community.

  1. Northumbria Global Scholarship: The Northumbria Global Scholarship is a merit-based scholarship available to international undergraduate and postgraduate students. It provides a partial tuition fee reduction of up to £6,000 for the first year of study. The scholarship is awarded based on academic achievement, and applicants are automatically considered upon applying for a full-time course at Northumbria University.
  2. Vice-Chancellor's International Scholarship: The Vice-Chancellor's International Scholarship is a prestigious scholarship offered to exceptional international students enrolling in a postgraduate taught program. It provides a tuition fee reduction of up to £2,500. The scholarship is competitive, and applicants are assessed based on academic achievement, personal statement, and references.
  3. Country-Specific Scholarships: Northumbria University also offers scholarships specific to certain countries or regions. These scholarships aim to attract high-achieving students from specific countries or regions and provide financial support for their studies at Northumbria University. The eligibility criteria and application process vary depending on the specific scholarship.
  4. External Scholarships: International students may be eligible for external scholarships provided by government bodies, organizations, or foundations in their home countries. These scholarships are external to the university but can be used to support studies at Northumbria University. 

Completing the MSc Entrepreneurship and Innovation Management with Advanced Practice program from Northumbria University opens up a wide range of career opportunities in the dynamic and evolving field of entrepreneurship and innovation. Graduates of this program possess a unique skill set and entrepreneurial mindset that are highly sought after in today's competitive business landscape.  

  1. Entrepreneurship and Startups: Many graduates choose to pursue their entrepreneurial aspirations by starting their own businesses or joining startup ventures. With their knowledge of business planning, innovation strategies, and market analysis, they are well-equipped to identify opportunities, develop innovative business models, and navigate the challenges of launching and scaling a new venture.

  2. Innovation Management: Graduates can pursue careers in innovation management within established organizations. They can help drive innovation by implementing strategies for product development, process improvement, and disruptive technologies. Their ability to identify and exploit market opportunities, manage risks, and foster a culture of innovation makes them valuable assets in both corporate and startup environments.

  3. Intrapreneurship: With their entrepreneurial mindset, graduates can excel in intrapreneurial roles within larger organizations. They can lead and champion innovation initiatives, develop new products or services, and drive organizational change. Their ability to think creatively, take calculated risks, and adapt to dynamic business environments positions them as valuable contributors to corporate innovation.

  4. Business Development: Graduates can pursue careers in business development, where they leverage their entrepreneurial skills to identify growth opportunities, forge strategic partnerships, and expand market reach. They can work in various industries, helping organizations develop and execute strategies for market entry, product diversification, and international expansion.

  5. Consulting: Graduates can explore careers in consulting, advising businesses on innovation, entrepreneurship, and growth strategies. They can work for management consulting firms or start their own consulting practices, providing guidance to organizations seeking to improve their innovation capabilities, develop new business models, or navigate disruptive market forces.

  6. Venture Capital and Private Equity: Graduates with a strong understanding of entrepreneurship and innovation are well-suited for roles in venture capital and private equity firms. They can work as investment analysts, evaluating startup opportunities and making investment decisions. Their knowledge of the startup ecosystem, market trends, and business valuation allows them to identify high-potential ventures and support their growth.

  7. Entrepreneurial Support Organizations: Graduates can find employment in entrepreneurial support organizations such as incubators, accelerators, and entrepreneurship development agencies. In these roles, they can provide mentorship, guidance, and support to aspiring entrepreneurs, helping them navigate the challenges of starting and growing a business.

  8. Policy and Government Roles: Some graduates may choose to work in policy and government roles, where they can contribute to shaping entrepreneurship and innovation policies. They can work for government agencies, economic development organizations, or industry associations, driving initiatives to foster entrepreneurial ecosystems and support innovation-led economic growth.

  9. Research and Academia: Graduates interested in advancing knowledge and contributing to the field of entrepreneurship and innovation can pursue research and academic careers. They can undertake doctoral studies or work as research associates, focusing on areas such as entrepreneurial ecosystems, innovation management, or entrepreneurial finance.

  10. International Opportunities: The MSc Entrepreneurship and Innovation Management with Advanced Practice program prepares graduates for international career opportunities. They can explore roles in multinational corporations, work in cross-cultural environments, or even start their businesses in global markets.

Northumbria University's strong industry links, entrepreneurship ecosystem, and experiential learning approach provide graduates with a competitive edge in the job market. They are equipped with the skills, knowledge, and practical experienceto pursue various career paths in entrepreneurship, innovation management, and related fields. The program's emphasis on practical application, industry engagement, and real-world projects prepares students to hit the ground running and make an immediate impact in their chosen careers.

The career prospects for MSc Entrepreneurship and Innovation Management with Advanced Practice graduates are promising, with opportunities available in diverse industries and sectors. They are highly valued for their ability to think critically, identify and seize opportunities, and navigate the complexities of the business world. The demand for entrepreneurial and innovative individuals continues to grow as organizations seek to stay competitive in rapidly changing markets.

Graduates can expect to find rewarding career opportunities in both established organizations and entrepreneurial ventures. They can pursue roles such as:

  1. Entrepreneur: Start their own business and become self-employed, putting their entrepreneurial skills and knowledge into practice.

  2. Innovation Manager: Lead innovation initiatives within companies, driving the development and implementation of new ideas and strategies.

  3. Business Development Manager: Identify and pursue new business opportunities, develop strategic partnerships, and drive growth.

  4. Consultant: Provide consulting services to businesses seeking guidance on innovation, entrepreneurship, and growth strategies.

  5. Venture Capitalist: Work in venture capital firms, evaluating investment opportunities in startups and providing funding and support to early-stage ventures.

  6. Intrapreneur: Foster a culture of innovation within established organizations and lead internal initiatives to drive growth and competitiveness.

  7. Policy Advisor: Contribute to the development of entrepreneurship and innovation policies in government organizations, economic development agencies, or think tanks.

  8. Incubator/Accelerator Manager: Manage and support startup incubators or accelerators, providing guidance and resources to early-stage ventures.

  9. Product Manager: Oversee the development and management of new products or services, ensuring they meet customer needs and contribute to business growth.

  10. Researcher/Academic: Pursue a career in research or academia, conducting studies on entrepreneurship, innovation, and related fields, and sharing knowledge through teaching and publications.

The MSc Entrepreneurship and Innovation Management with Advanced Practice program equips graduates with the necessary skills, knowledge, and networks to thrive in these roles. They gain practical experience through the program's advanced practice element, which involves working on real-world projects or placements with industry partners. This hands-on experience enhances their employability and allows them to build valuable industry connections.

Northumbria University's strong links with industry and the local entrepreneurial ecosystem provide additional networking and employment opportunities for graduates. The university's dedicated careers service also offers support in terms of career guidance, job search assistance, and industry events.

The MSc Entrepreneurship and Innovation Management with Advanced Practice program sets graduates on a path towards a rewarding and impactful career in the field of entrepreneurship and innovation. They have the skills, knowledge, and practical experience to make a positive difference in the business world and drive innovation and growth in various sectors.


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