Innovation Management and Entrepreneurship MSc
Our MSc Investment and Finance degree puts financial theory into practice using industry-ready tech and active learning methods
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Viewing course details for 2024 year of entry
- Code
- PGN20C
- Attendance
- Full-time, Part-time
- Start
- September 2024
- Fees
- £12,600 (UK) | £17,600 (INT)
- Duration
- 1 year full-time, 2 years part-time
- Course Leader
- Simon Best
- Study mode
- On campus
- Location
- Hendon campus
- Entry Requirements
- 2:2 degree
- School / Department
- Management, Leadership and Organisations
Why choose Innovation Management and Entrepreneurship MSc at Middlesex?
Entrepreneurs and small businesses start-ups are often thought of as the backbone of economies worldwide, while qualities such as innovation and creativity are becoming increasingly sought after by organisations that need employees who can respond to change in dynamic business environments.
In today's world, where entrepreneurship is thriving, this course offers a step-by-step journey through the entire process of starting a business – from coming up with an idea to making it a reality.
With entrepreneurship insights from specialist management disciplines, you will develop practice-based skills and knowledge in strategy and marketing, as well as an understanding of innovation networking from a behavioural perspective.
Our aim is to enhance your decision-making abilities, help you identify market opportunities, foster teamwork, cultivate critical thinking in leadership, stimulate creativity, and develop your entrepreneurial leadership skills.
You will have the opportunity to apply these skills in practical settings, such as mentoring undergraduate students with entrepreneurial aspirations and working on real-world cases to find innovative solutions for small businesses.
What you will gain
By pursuing this degree, you will gain many valuable experiences and skills that will set you up for success in the business world.
You will have the opportunity to develop your own business ideas, receiving guidance and support from a dedicated business mentor throughout the process. You will also actively engage in workshops where you will bring your innovations to life by creating prototypes.
This course pays particular attention to innovations and ideas which address contemporary issues or business practices. Assignments in the course are designed to reflect real-life scenarios, meaning you will collaborate with local charities and businesses.
You will acquire expertise in critical areas such as business strategy, decision-making, financing, valuation, and budgeting. These skills will greatly enhance your ability to identify business opportunities and effectively navigate obstacles. Additionally, you will acquire valuable digital skills, including proficiency in collaborative online software like MIRO and basic video editing using tools such as Moovly.
As a student, you will also have the opportunity to expand your professional network by interacting with practitioners who bring their own real-life experiences to the table. Events like Global Entrepreneurship Week provide a platform for networking and knowledge sharing.
Working closely with the Enterprise Development Hub, you will gain practical experience by running workshops, mentoring undergraduates, and tackling real-world cases for small enterprises. This hands-on involvement will provide you with valuable insights and practical skills that employers seek.
Throughout this course, you will engage in student-directed study and teamwork, empowering you to enhance your decision-making and planning abilities. These are crucial qualities sought after by organisations in today's dynamic business environment, where innovation and creativity are highly valued.
3 great reasons to pick this course
About your course
In your first few months, this course will arm you with various theories and contemporary methods that give you the basis of knowledge to develop a business plan. You'll be applying financial management tools, valuing a venture, and putting in place methods for predicting and measuring financial performance.
In the following months, you will explore issues of project management, business networks, product development, and international entrepreneurship and its contributions to the global economy. With this knowledge, you’ll be able to develop social capital, create effective marketing strategies, and manage projects.
Finally, you will bring together the knowledge and skills developed throughout the course and apply them to a project that involves starting and running your own business or undertaking entrepreneurial work in an organisation.
Modules
Here is a brief overview of the modules.
Compulsory
This module aims to introduce students to the processes required to start a new venture successfully. Students will be shown how the funding and markets are linked to entrepreneurial activities and will acquire the key skills required for venture development.
The aim of this module is to provide an advanced understanding of the main theoretical frameworks, analytical tools, and successful business models for managing innovation in high dynamic environments. The module draws extensively on a range of case studies to illustrate central issues in industry dynamics of technological innovation, and to identify successful management practices in formulating and implementing technological innovation strategy.
The module aims to provide students with an awareness and understanding of various theories, knowledge, and financial tools an entrepreneur needs including business plan, financial management tools, financing a new venture, valuing ventures, process of going public, capital budgeting and measuring financial performance to start, build, and harvest a successful venture.
This module provides students with a means of developing further the skills and knowledge gained on the MSc Innovation Management and Entrepreneurship, by application to a specific organisational issue or problem. It enables students to demonstrate proficiency in the design of a business enhancement project, application of appropriate methods of investigation, management of the change process, and maintenance of vision in the face of the vicissitudes of business realities.
This module will enable students to learn how entrepreneurs can develop insights into consumer needs and transform them to create opportunities and markets. It is increasingly apparent that most firms succeed because they are willing to break the rules and act entrepreneurially. The module’s aims are to help students to appreciate how entrepreneurial marketing may be applied by any individual in any private or public sector organisation by focusing on the concept of entrepreneurial marketing, across all aspects of the marketing process. Students will be able to appreciate the potential of e-marketing and viral marketing, and plan marketing strategies with restricted funding for new ventures. It will aid students to recognise the role of networking and various methods of selling. Students will also be able to perceive and realise the ethical considerations crucial in entrepreneurial marketing.
This module aims to introduce students to the processes required to start a new venture successfully. Students will be shown how the funding and markets are linked to entrepreneurial activities and will acquire the key skills required for venture development.
The aim of this module is to provide an advanced understanding of the main theoretical frameworks, analytical tools, and successful business models for managing innovation in high dynamic environments. The module draws extensively on a range of case studies to illustrate central issues in industry dynamics of technological innovation, and to identify successful management practices in formulating and implementing technological innovation strategy.
The module aims to provide students with an awareness and understanding of various theories, knowledge, and financial tools an entrepreneur needs including business plan, financial management tools, financing a new venture, valuing ventures, process of going public, capital budgeting and measuring financial performance to start, build, and harvest a successful venture.
This module provides students with a means of developing further the skills and knowledge gained on the MSc Innovation Management and Entrepreneurship, by application to a specific organisational issue or problem. It enables students to demonstrate proficiency in the design of a business enhancement project, application of appropriate methods of investigation, management of the change process, and maintenance of vision in the face of the vicissitudes of business realities.
This module will enable students to learn how entrepreneurs can develop insights into consumer needs and transform them to create opportunities and markets. It is increasingly apparent that most firms succeed because they are willing to break the rules and act entrepreneurially. The module’s aims are to help students to appreciate how entrepreneurial marketing may be applied by any individual in any private or public sector organisation by focusing on the concept of entrepreneurial marketing, across all aspects of the marketing process. Students will be able to appreciate the potential of e-marketing and viral marketing, and plan marketing strategies with restricted funding for new ventures. It will aid students to recognise the role of networking and various methods of selling. Students will also be able to perceive and realise the ethical considerations crucial in entrepreneurial marketing.
Optional
This module develops advanced understanding of and professional skills in evaluating and assessing relationships and their impact on entrepreneurs in a variety of settings. Students will learn the significance of building business relationships, both outside of their business and internally with staff, and the significance of these relationships at the different growth stages of their business. They will also learn about their strategic options when building business relationships, and the importance of being customer-focused in the electronic age. Students will learn to contextualise the importance of social capital and build practical skills in developing social capital; identify, evaluate and analyse stakeholder interests, and explore how to break into an industry. This covers a variety of channels, from social networking and customer relationships over the internet, to interpersonal and social skills, and joining and forming strategic business networks.
This module aims to develop students understanding of the key principles of product and service development and innovation management, and enhances their ability to put into practice these concepts. The module provides students with a core understanding of how product and service development contributes to the success of a firm and enables students to critically evaluate what is required to develop and deliver successful marketing strategies for innovative new products and services.
The aim of this module is to develop students' knowledge and skills for understanding the complexity of the new digital landscape. The module provides a critical context in which to analyse the current digital developments. In particular, the module will facilitate students’ learning of e-marketing models, social media and e-tailing in order to produce a coherent digital marketing strategy.
This module focuses specifically on the development of the competences needed to develop sustainable enterprises. The module aims to provide the knowledge and understanding of eco and social venture development at the Masters level necessary to enable students to make a strong contribution to society, economy and the environment. Students will be enabled through a competency based approach that links real-world orientation, through inter and transdisciplinary assignments, academic-business cooperation, personal development and coaching, to the development of sustainability-driven enterprises.
This module develops advanced understanding of and professional skills in evaluating and assessing relationships and their impact on entrepreneurs in a variety of settings. Students will learn the significance of building business relationships, both outside of their business and internally with staff, and the significance of these relationships at the different growth stages of their business. They will also learn about their strategic options when building business relationships, and the importance of being customer-focused in the electronic age. Students will learn to contextualise the importance of social capital and build practical skills in developing social capital; identify, evaluate and analyse stakeholder interests, and explore how to break into an industry. This covers a variety of channels, from social networking and customer relationships over the internet, to interpersonal and social skills, and joining and forming strategic business networks.
This module aims to develop students understanding of the key principles of product and service development and innovation management, and enhances their ability to put into practice these concepts. The module provides students with a core understanding of how product and service development contributes to the success of a firm and enables students to critically evaluate what is required to develop and deliver successful marketing strategies for innovative new products and services.
The aim of this module is to develop students' knowledge and skills for understanding the complexity of the new digital landscape. The module provides a critical context in which to analyse the current digital developments. In particular, the module will facilitate students’ learning of e-marketing models, social media and e-tailing in order to produce a coherent digital marketing strategy.
This module focuses specifically on the development of the competences needed to develop sustainable enterprises. The module aims to provide the knowledge and understanding of eco and social venture development at the Masters level necessary to enable students to make a strong contribution to society, economy and the environment. Students will be enabled through a competency based approach that links real-world orientation, through inter and transdisciplinary assignments, academic-business cooperation, personal development and coaching, to the development of sustainability-driven enterprises.
To find out more about this course, please download the Innovation Management and Enterprise specification (PDF).
Register your interest
Sign up now to receive more information about studying at Middlesex University London.
Teaching
You'll be taught by an experienced teaching team with a wide range of expertise and professional experience, most of whom are experienced entrepreneurs. Your personal tutor will support you with help and advice throughout your studies.
The course is delivered by our academics and industry partners in person and via digital platforms. Our learning activities include lectures, presentations, directed reading, case studies, workshops, one-to-one tutorials and group projects. You will also learn through coursework, online learning methods, facilitated discussions and guest speakers. Your creative thinking, analysis, synthesis and evaluation will be developed in seminar and workshops discussions and debate, as well as through independent study. You'll develop the practical skills needed for future employment through workshops, seminars, guided discussions, individual and group coursework, independent study and research methods training.
You will be studying at our leafy north London campus in Hendon.
Whether you are studying full or part-time – your course timetable will balance your study commitments on campus with time for work, life commitments and independent study.
We aim to make timetables available to students at least 2 weeks before the start of term. Some weeks are different due to how we schedule classes and arrange on-campus sessions.
Teaching and independent learning
In a typical year, you’ll spend about 1200 hours on the taught aspects of the course.
Outside of teaching hours, you’ll learn independently through self-study which will involve reading articles and books, working on projects, undertaking research, and preparing for assessments including coursework, presentations and exams.
Typical weekly breakdown
A typical week looks like this:
| Learning | Contact Hours per Week |
|---|---|
| On-campus | 7.5 |
| Online | 5 |
| Independent Study | 2 |
Learning terms
On-campus: This includes tutor-led sessions such as seminars, lab sessions and demonstrations as well as student-led sessions for work in small groups.
Online learning: This is teaching that is delivered online using tools like Skype or Zoom, as well as work that you do yourself using online teaching resources.
Independent study: This is the work you do in your own time including reading and research.
Part-time study
You can also study this course part-time over two years.
You have a strong support network available to you to make sure you develop all the necessary academic skills you need to do well on your course.
Our support services will be delivered online and on campus and you have access to a range of different resources so you can get the help you need, whether you’re studying at home or have the opportunity to come to campus.
You have access to one to one and group sessions for personal learning and academic support from our library and IT teams, and our network of learning experts. Our teams will also be here to offer financial advice, and personal wellbeing, mental health and disability support.
There are no exams but your coursework including a combination of individual and group coursework, presentations, project reports, exams, literature reviews and an applied project will be assessed.
We'll give you practical guidance on all course-related tasks. This includes formative assessment, which is where we check how well you are doing and provide guidance to help you improve.
You'll evaluate your work, skills and knowledge and identify areas for improvement. Sometimes you'll work in groups and assess each other's progress.
Each term, you'll get regular feedback on your learning.
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North London campus
Our north London campus is 23 minutes away by underground train, travelling from London Kings Cross.
Learn moreFacilities and support
Our Sheppard Library provides a wide range of resources and support to help you to succeed in your studies.
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Over 1,000 study spaces including rooms for group study and over 500 computers available.
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We have one of London's biggest and best university campuses with everything you need in one place.
Our facilitiesStudent support
We offer lots of support to help you while you're studying including financial advice, wellbeing, mental health, and disability support.
Additional needs
We'll support you if you have additional needs such as sensory impairment or dyslexia. And if you want to find out whether Middlesex is the right place for you before you apply, get in touch with our Disability and Dyslexia team.
Wellness
Our specialist teams will support your mental health. We have free individual counselling sessions, workshops, support groups and useful guides.
Work while you study
Our Middlesex Unitemps branch will help you find work that fits around uni and your other commitments. We have hundreds of student jobs on campus that pay the London Living Wage and above. Visit the Middlesex Unitemps page.
Careers
How can the MSc Innovation Management and Entrepreneurship degree support your career?
Whether you intend to start your own business or work for someone else, the enterprising and entrepreneurial skills you gain in this course will enhance your career prospects.
This course develops skills in creativity, innovation and entrepreneurship. These skills can augment already existing capabilities in a number of roles or will allow you to move into the world of entrepreneurship.
Our postgraduate courses have been recognised for their ability to support your career.
Career paths
Some of the roles our graduates have gone on to work as project coordinators, start-up managers or business development officers while others have gone on to start their own businesses.
MDXworks
Our employability service, MDXworks will launch you into the world of work from the beginning of your course, with placements, projects and networking opportunities through our 1000+ links with industry and big-name employers in London and globally.
Our dedicated lifetime career support, like our business start-up support programme and funding for entrepreneurs, has been recognised with the following awards:
- The top 20 UK universities for business leaders and entrepreneurs – Business Money, 2023
- A top 10 university for producing CEOs – Novuana, 2023.
Global network
You’ll study with students from 122 countries who’ll hopefully become part of your global network. And after you graduate, we'll still support you through our alumni network to help you progress in your chosen career.
Entry requirements
Qualifications
For this course, ideally, we are looking for a 2:2 honours degree or above and two or more years of relevant business experience.
Qualifications
We accept the equivalent of the below qualifications from a recognised overseas qualification.
A second-class honours degree 2:2 or above in marketing, communications, or a business related field or a professional qualification of an equivalent standard.
You are welcome to apply if you do not have a formal qualification but have extensive marketing experience. You may be required to submit a GMAT score of 550 (or above) and/or come in for an interview.
Find out more about entry requirements for international students. If you are unsure about the suitability of your qualifications or would like help with your application, please contact your nearest regional office for support.
English language
You'll need good English language skills to study with us. That's usually an IELTS 6.5 (with minimum 6.0 in all sections). And, if you need help, we offer an intensive pre-sessional English course.
Visas
To study with us in the UK, you will need a student route visa.
Part-time study
Changes to the Immigration Rules introduced in January 2018 now allows international applicants to apply for student route (formerly tier 4) visas for part-time postgraduate study (courses leading to a qualification at RQF level 7 or SCQF level 11 and above).
Student route visa students studying part-time are subject to certain restrictions:
No work (paid or unpaid)
No work placements as part of the programme
No dependents
No extending under Student route visa in the UK. This includes Student route visa applications to work as a Students' Union Sabbatical Officer or for the Foundation Programme for postgraduate doctors and dentists
Not eligible for the Student route visa Doctorate Extension Scheme.
*Please note that, if the course of your choice involves work experience, unpaid work, placements or internships, we will be unable to sponsor you to study a part-time course under the student route (formerly tier 4) visa.
Apply as early as possible to make sure you get a place. You can submit your application before you receive your final qualification.
Watch our step-by-step video how to apply for postgraduate taught courses.
Personal statements
Make sure that you highlight your best qualities in your personal statement that are relevant to this course. Such as your ability to be forward-thinking, creative and collaborative.
Interviews
You won’t be required to attend an interview for this course.
Fees and funding
The fees below are for the 2024/25 academic year:
UK students1
Full-time students: £12,600
Part-time students: £84 per credit
Part-time students: £42 per dissertation credit under the student route
International students2
Full-time students: £17,600
Part-time students: £117 per credit
Part-time students: £59 per dissertation credit
Additional costs
We cover your costs for the day-to-day things that you need to do well in your studies.
- Free – laptop loans, Wi-Fi and printing
- Free specialist software for your course
- Free online training with LinkedIn Learning.
Financial support
We offer lots of support to help you with fees and living costs. Check out our guide to student life on a budget and find out more about postgraduate funding.
Postgraduate scholarships
You may be eligible for one of our scholarships including:
- The Alumni Postgraduate Award – for all UK/EU Middlesex alumni a 20% fee reduction
- The Commonwealth Scholarship – full course fees, airfares and a living allowance
- The Chevening Scholarship – full course fees
- The European Academic Awards – £1000 to £7000 for students showing academic excellence
- Regional or International Merit Award –up to £2,000 towards course fees.
For international students, we also have a limited number of other awards specific to certain regions, and work in partnership with funding providers in your country to help support you financially with your study.
Find out more about our postgraduate scholarships.
Help from your employer
Your employer can contribute towards the cost of your postgraduate study as part of their staff development programme.
Fees disclaimers
1. UK fees: The university reserves the right to increase postgraduate tuition fees in line with changes to legislation, regulation and any government guidance or decisions. The tuition fees for part-time UK study are subject to annual review and we reserve the right to increase the fees each academic year by no more than the level of inflation.
2. International fees: Tuition fees are subject to annual review and we reserve the right to increase the fees each academic year by no more than the level of inflation.
Any annual increase in tuition fees as provided for above will be notified to students at the earliest opportunity in advance of the academic year to which any applicable inflationary rise may apply.
Alumni testimonial
I am currently managing Queen Corner Textiles, my family business of textile goods based in the Dubai market. My key role in this business is to develop and implement new marketing strategies and achieve greater sales through the creation of new sales channels (for example, online sales via website and social media).
Studying MSc Innovation Management and Entrepreneurship was extremely beneficial for me as most of the study materials and projects have had a direct influence on my current role. Besides that, the networking events and the real life business examples shared by the guest speakers provided me with a sense of practicality on how innovation is a crucial element in every business.
At the beginning of my course, I had applied for an internship with a consultancy firm in London. This internship has helped me greatly with my own business because it was a start-up company where I was directly involved in the decision making process and assisting the growth of the business.One of the reasons that make this programme so special are the lecturers. Every lecturer tries to give personal attention and becomes a positive influence to every student inside and outside the class. One of the lecturers used to host informal lunches to create a platform for students to share their ideas and views openly. Another, always tried to push students outside their comfort zone to make them think outside the box and become more innovative.
Mustansir Zakir
MSc Innovation Management and Entrepreneurship
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We’ll carefully manage any future changes to courses, or the support and other services available to you, if these are necessary because of things like changes to government health and safety advice, or any changes to the law.
Any decisions will be taken in line with both external advice and the University’s Regulations which include information on this.
Our priority will always be to maintain academic standards and quality so that your learning outcomes are not affected by any adjustments that we may have to make.
At all times we’ll aim to keep you well informed of how we may need to respond to changing circumstances, and about support that we’ll provide to you.