Master of Science [M.Sc] (Innovation Management and Entrepreneurship)
Field of Study:
£15,850/Yr
This course aims to stimulate the entrepreneurial ethos of individuals and develop their skills and capabilities to lead and direct start-ups. This is done in four phases:
- Phase 1: developing and screening your business ideas- your business ideas will be challenged by your peers and other business colleagues to see if they are sustainable and have the potential value in the current global climate. It will encourage you to plan ahead and anticipate any changes within your market so you are prepared to face them.
- Phase 2: creating your offer and finding opportunities- you will define your value proposition and position it within the market against competitors and the current market conditions. This will also give you the opportunity to hire your fellow classmates who ideas do not pass this stage to help develop yours.
- Phase 3: utilise global market conditions- your skills in innovation and core competencies will be advanced to face international challenges and gain confidence to deal with diverse cultures and attitudes.
- Phase 4: convincing markets and investors- here you will be pitching your business idea to venture capitalists and other business centres such as Wave Venture and 3i, to try to secure funding for your business idea to start to develop and grow it. You will have the opportunity to seek advice on internationalising your own concepts from experts and contacts that the course team will introduce you to.
This entrepreneurial journey expose you to the networks and investment opportunities you will need to get your ideas off the ground, and there is even the chance to access seed funding directly from the Business School.
In your final semester you’ll undertake the Entrepreneurship Experience Project, which enables you to kick-start your venture and find opportunities to finance for growing it to a sustainable one. During this project you will have the opportunity to complete against your peers to win a scholarship for attending the annualÊEuropean Innovation AcademyÊevent in Italy. The event is a 3 week all-expense paid for opportunity for the qualified MSc Entrepreneurship students where you will present your business proposition to mentors and investors from Silicon Valley.
What you’ll gain from this degree?
- through the Entrepreneurial Experience Project you will have the opportunity to set up and establish your own enterprise and be mentored by experts in the field, or perhaps develop ideas for a family business with which you are involved already. You will have the opportunity to pitch directly to venture capital investors and business angels with the opportunity to raise funding or further collaborations.
- during the course your professional and business networks will be enriched by an international experience, following a young entrepreneurial firm, experiencing directly the entrepreneurial journey.
- the course provides you a unique seed fund and access to the entrepreneurial community, presenting you with connections to experts, entrepreneurs, business angels and capitalists.
Important Dates
International applicants must always send in their applications as soon as possible (at least 3 months before the session begins) to ensure that they have enough time left for obtaining a UK student visa
Event | Application Date |
---|---|
Open Day | Jun 14, 2022 |
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | £15850 (GBP 15850) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Living Expenses | £11200 (GBP 11200) |
Total Cost | £11200 (GBP 11200) |
Previous Year Tuition Fees
Year | 1st Year Fees |
---|---|
2021 | £25944 (GBP 25944) |
Eligibility & Entry Requirement
Academic Eligibility:
- Bachelor's degree (honours) from a recognized institution or an equivalent degree from the university. or
- Appropriate work experience combined with a relevant qualification.
- If students have a Diploma in Management Studies (DMS) or PgD in Management from the University, gained within the last five years, they will be able to complete the MSc by attending the research methods sessions and completing a dissertation.
Indian Student Eligibility:
Indian students are eligible to apply if they meet one of the following eligibility criteria:
- Completed the undergraduate degree(honours) from a recognized institution.
- Students should have appropriate experience in this field.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.
Scores Required
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Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
VueVille Future Technology Scholarship | Scholarship per student£ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Monica Cole Research Grant | Scholarship per student£ 1,291/Yr$1,291 | Level Of StudyApprenticeship | TypeMerit-Based | |
QS Leadership Scholarship | Scholarship per student£ 10,000/Yr$10,000 | Level Of StudyMaster | TypeMerit-Based | |
Commonwealth Master’s Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
1st Formations Business Scholarship | Scholarship per student£ 800/Yr$800 | Level Of StudyBachelor | TypeMerit-Based | |
Cranfield MBA Scholarship for Women | Scholarship per student£ 15,576/Yr$15,576 | Level Of StudyMaster | TypeCollege-Specific |
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