Innovation Management and Entrepreneurship MSc
MSc Innovation Management and Entrepreneurship
Are you a creative thinker with boundless enthusiasm for new ideas, who wants a career where no two days are the same?
On our MSc Innovation Management and Entrepreneurship degree course, you'll develop the skills needed to spot opportunities; to visualise, develop and take new ideas to market; to launch new products and services, and to manage fast growing new businesses too.
You'll also discover how to use innovation to make a difference in your own business and in other organisations, and learn about important areas of entrepreneurship – including product development, intellectual property, and entrepreneurship theory and practice.
At the end of the course, you'll have the opportunity to a 12-month work placement. This can be self-employed if you're a UK citizen.
When you graduate, you can expect to find employment in business management or consultancy, whatever size of business. You'll also be able to pursue roles in marketing, product development, innovation, and research and development.
If you need flexibility with your studies, you can study MSc Innovation Management and Entrepreneurship online. Find out about studying this degree online.
MSc Innovation Management and Entrepreneurship Master's degree entry requirements
Qualifications or experience
- A second-class honours degree in a relevant subject, or equivalent professional experience and/or qualifications.
English language requirements
- English language proficiency at a minimum of IELTS band 6.5 with no component score below 6.0.
If you don't meet the English language requirements yet, you can achieve the level you need by successfully completing a pre-sessional English programme before you start your course.
What you'll experience
On this course you'll:
- Learn business planning, the development and marketing of new products, and financial management
- Understand concepts of innovation management and entrepreneurship, theories, models and analytical frameworks, and their application in business policy and strategy
- Benefit from our research, consultancy projects, visits from external guest speakers and live case studies
- Be supported by academic staff with expertise in the area, including Professor Paul Trott, whose book "Innovation Management and New Product Development" is recommended reading for students all over the world
- Tap in to the resources available to students who are actively involved with entrepreneurial business activities through our Student and Graduate Enterprise Team
- Have 24/7 access to our library's extensive resources, including books, ejournals and newspapers
- Research, plan and produce an independent project, expanding on your understanding of innovation management or entrepreneurship and giving you the opportunity to specialise in an area of your choice
- Have the chance to apply your skills and knowledge on a 12-month work placement at the end of the course
Careers and opportunities
You'll be able to pursue management careers in the private and public sector, in innovation management, entrepreneurship, and the management of small enterprises.
What can you do with an Innovation Management and Entrepreneurship degree?
Career opportunities include:
- New product development
- Research and development
- Project management
- The arts
You'll also be able to enter a career in business, manufacturing, healthcare and knowledge management, or in a consultancy-based role.
Find out more about Zezhou's time at uni, and where he plans to take his ambition next.
What you'll study on this MSc Innovation Management and Entrepreneurship degree course
Each module on this course is worth a certain number of credits.
You need to study modules worth a total of 180 credits. For example, 4 modules worth 30 credits and 1 module worth 60 credits.
Modules currently being studied
Core modules include:
- Entrepreneurship Theory
- Entrepreneurship & Business Venturing
- Innovation Management
- Management of New Product Development
- Research methods & Dissertation
Changes to course content
We use the best and most current research and professional practice alongside feedback from our students to make sure course content is relevant to your future career or further studies.
Therefore, some course content may change over time to reflect changes in the discipline or industry and some optional modules may not run every year. If a module doesn't run, we'll let you know as soon as possible and help you choose an alternative module.
Optional work placement year
On this course, you can do a 12-month work placement. This can be self-employed (if you're a UK citizen) or working in another company.You’ll get support with identifying your values and attributes, and researching placement opportunities that align with them. You’ll also get help with promoting yourself to employers and planning your career.
Note that securing a placement is a competitive process, so it’s not guaranteed.
Work experience and career planning
We'll help you to identify internships, voluntary roles and opportunities that will complement your studies.
When you finish the course, our Careers and Employability service can help you find a job that puts your innovation skills to work.
After you leave the University, you can get help, advice and support for up to 5 years from our Careers and Employability service as you advance in your career.
As well as support by faculty teaching staff and your personal tutor, you can use the University’s Academic Skills Unit (ASK).
ASK provides one-to-one support in areas such as:
academicwriting notetaking timemanagement criticalthinking presentationskills referencing workingin groups revision, memory and exam techniques
Teaching on this course includes:
How you'll spend your time
Each academic year is divided into 2 teaching blocks:
- September/October to December/January – teaching block 1
- January/February to May – teaching block 2
How you're assessed
For each unit you'll be assessed in a way that's relevant to test your knowledge. This will involve you thinking and working in an original way to overcome problems. At the end of the course you'll produce a dissertation related to your workplace, your future career, or a business venture.
Course costs and funding
Tuition fees (2022 start)
UK/Channel Islands and Isle of Man students
- Full time: £9,400 (subject to annual increase)
- Part time: £4,700 (subject to annual increase)
- Full time: £9,400 (including Transition Scholarship – subject to annual increase)
- Part time: £4,700 (subject to annual increase)
- Full time: £17,000 (subject to annual increase)
- Part time: £8,500 (subject to annual increase)
Funding your studies
Applying from outside the UK? Find out about funding options for international students.
Additional course costs
These course-related costs aren’t included in the tuition fees. So you’ll need to budget for them when you plan your spending.
Our accommodation section shows your accommodation options and highlights how much it costs to live in Portsmouth.
You’ll study up to 6 modules a year. You may have to read several recommended books or textbooks for each module.
You can borrow most of these from the Library. If you buy these, they may cost up to £60 each.
We recommend that you budget £75 a year for photocopying, memory sticks, DVDs and CDs, printing charges, binding and specialist printing.
If your final year includes a major project, there could be cost for transport or accommodation related to your research activities. The amount will depend on the project you choose.
Starting in September 2022
If you're from outside of the UK, you can apply directly to us (above) or you can get an agent to help with your application. Check your country page for details of agents in your region. To find out what to include in your application, head to the how to apply page of our international students section.
If you don’t meet the English language requirements for this course yet, you can achieve the level you need by successfully completing a pre-sessional English programme before you start your course.
Admissions terms and conditions
When you accept an offer to study at the University of Portsmouth, you also agree to abide by our Student Contract (which includes the University's relevant policies, rules and regulations). You should read and consider these before you apply.