MSc Entrepreneurship and Innovation Management

Liverpool - England

 

INTAKE: September

Program Overview

This 12-month program focuses on the management of innovations and entrepreneurial firms, both small and large. It is designed for individuals aiming to start their own business or enhance their entrepreneurial skills within existing organizations. The curriculum emphasizes the importance of identifying commercially viable innovations and understanding why some innovative ideas may not succeed in the market.

Curriculum: The program comprises eight compulsory modules, including a 60-credit module in 'Entrepreneurial Business Innovation.' Students engage in practical projects using live case studies, learning how to buy, build, and sell a business in 'Venture Dynamics.' They also practice 'Entrepreneurial Marketing' by working on their own business ideas or collaborating with local SMEs, and fund their projects through crowdfunding in 'Entrepreneurial Finance.' The curriculum also covers the role of innovation in both new ventures and large corporations, addressing disruptive technologies such as AI and big data, and how organizations can manage and innovate with these technologies responsibly.

Research Focus: The program encourages students to conduct applied research in entrepreneurship and innovation management. Through modules like 'Foundations of Innovation Management' and 'Technology Innovation and the Future of Management,' students explore contemporary research topics, fostering innovative thinking and problem-solving skills essential for addressing modern business challenges.

Industry Engagement: Students benefit from networking opportunities with practicing entrepreneurs through exclusive lectures and events organized by the Brett Centre for Entrepreneurship. These interactions provide valuable insights into real-world business challenges and applications of entrepreneurship and innovation management, enhancing their employability and readiness to tackle industry-specific problems.

Global Perspective: The program attracts a diverse cohort of students from around the world, enriching the learning environment with multiple perspectives. The curriculum's focus on global business functions and the inclusion of international case studies prepare students to operate effectively in a globalized business landscape. This global outlook equips graduates with the skills necessary to navigate and succeed in diverse international contexts.

Pollster Education

Location

Liverpool - England

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

£ 27000

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 6.0.
    • TOEFL: A minimum overall score of 88, with at least 21 in Listening, Reading, Speaking, and 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.

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

The University of Liverpool offers a range of scholarships to support students in their academic pursuits and help make higher education more accessible. These scholarships are awarded based on various criteria, including academic merit, financial need, and specific eligibility requirements. 

Vice-Chancellor's International Attainment Scholarship: This scholarship is designed for international undergraduate and postgraduate taught students who demonstrate exceptional academic achievement. The Vice-Chancellor's International Attainment Scholarship provides a reduction in tuition fees for the duration of the program.

Liverpool International College (LIC) Excellence Scholarship: The LIC Excellence Scholarship is available to international students who are progressing from Liverpool International College to an undergraduate degree program at the University of Liverpool. It offers a reduction in tuition fees for the first year of study.

Sports Scholarships: The University of Liverpool offers sports scholarships to talented athletes who have achieved a high level of sporting excellence. These scholarships provide financial support, access to training facilities, specialized coaching, and other resources to help athletes balance their academic and sporting commitments.

International Scholarships for Research Excellence (ISRE): The ISRE scholarships are awarded to international students undertaking a Ph.D. or MPhil research program at the University of Liverpool. These scholarships provide financial support, covering full tuition fees and a stipend to support living expenses.

Subject-specific Scholarships: Various academic departments at the University of Liverpool offer subject-specific scholarships to outstanding students in particular fields. These scholarships aim to recognize academic excellence and support students in their chosen disciplines. Examples include scholarships for Engineering, Business, Medicine, and Social Sciences.

Merit Scholarships: The University of Liverpool offers merit scholarships to high-achieving undergraduate students who demonstrate exceptional academic performance. These scholarships are awarded based on academic merit and provide a reduction in tuition fees for each year of study.

Widening Participation Scholarships: The Widening Participation Scholarships are designed to support students from underrepresented backgrounds who may face barriers to accessing higher education. These scholarships aim to promote social mobility and provide financial assistance to eligible students.

It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary.

The University of Liverpool in the UK offers the MSc Entrepreneurship and Innovation Management course, designed to equip students with the knowledge and skills needed to thrive in the dynamic field of entrepreneurship and innovation. This program prepares students to start their own ventures, work in entrepreneurial organizations, or drive innovation within established companies.  

Entrepreneur: Graduates can pursue their entrepreneurial aspirations and start their own businesses. They have the skills to identify opportunities, develop business plans, secure funding, and launch successful ventures. Entrepreneurs are adept at managing risks, building networks, and driving innovation in their industries.

Innovation Manager: Graduates can work as innovation managers within established organizations, leading efforts to foster a culture of innovation and drive new product or service development. They collaborate with teams across the organization to identify market trends, develop innovative solutions, and implement strategies for sustained growth.

Business Development Manager: Graduates can work as business development managers, responsible for identifying new business opportunities and forging strategic partnerships. They leverage their knowledge of entrepreneurship and innovation to expand the organization's customer base, explore new markets, and drive revenue growth.

Innovation Consultant: Graduates can work as innovation consultants, providing strategic guidance and expertise to organizations seeking to enhance their innovation capabilities. They help companies develop innovation strategies, implement new processes, and foster a culture of creativity and risk-taking. Innovation consultants play a vital role in helping businesses stay competitive in rapidly changing markets.

Venture Capitalist/Investor: Graduates can pursue careers in venture capital firms or as investors, evaluating business proposals and making investment decisions. They leverage their knowledge of entrepreneurship and innovation to identify promising startups and support their growth through funding and strategic guidance.

Product Manager: Graduates can work as product managers, responsible for the development and management of new products or services. They collaborate with cross-functional teams to conceptualize, design, and launch innovative products that meet customer needs and drive business success. Product managers ensure that products are delivered on time, within budget, and in line with market demands.

Entrepreneurial Educator: Graduates can pursue careers in academia or training institutions, sharing their knowledge and experiences with aspiring entrepreneurs. They can become entrepreneurship professors, trainers, or mentors, imparting valuable insights and skills to the next generation of entrepreneurs.

Corporate Innovation Strategist: Graduates can work as corporate innovation strategists, helping established companies drive innovation and stay ahead in competitive markets. They develop strategies to foster a culture of innovation, identify disruptive technologies, and explore new business models. Corporate innovation strategists help organizations adapt to changing customer demands and seize new market opportunities.


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