The world is in a global recession. Innovation has been placed at the heart of international policy to drive jobs, growth and recovery but what is the innovation process? How do we best support innovation to catalyse growth and bring renewed prosperity? How do we encourage people to display entrepreneurial behaviour and show them that, with the right resources and attitudes, ideas can be turned into profitable products and services?
This programme analyses the Entrepreneur and the innovation process giving you the opportunity to explore and reflect on the skills needed for success. As well as the ability to set up their own venture, graduates of this programme will also have the skills to progress into large blue chip companies and work in R&D management, developing new products, markets and customer segments.
The Glendonbrook Institute for Enterprise Development’s aim is to encourage you to develop enterprising and innovative skills through the programme’s dedicated modules. In a few cases, you show true entrepreneurial behaviour by running or aspiring to set up your own businesses and we’ll provide support for you to do so via a range of formal and informal services.
Our programme provides you with in-depth teaching of subjects that are often only briefly mentioned in traditional business programmes – intellectual property; sources of funding for small business and business failure will all be studied as complete modules. Intellectual property is of vital importance to the entrepreneur, we have also devoted a whole module to studying the details and practical application of this rarely studied topic.
In addition, the Collaborative Project module will provide you with the opportunity to develop entrepreneurial skills such as problem solving and strategic planning whilst working together on a real business problem.
a) Develop an understanding of the importance of an entrepreneurial attitude in individuals and organisations
b) Develop your critical thinking skills, in order to evaluate the factors affecting the success of the innovation process
c) Use action based learning to develop insight into the complexity of the innovation process, analysing and evaluating problems and responding to challenges in real time
d) Develop your awareness of the help and information available to new organisations and the sources of funding they can attract
e) To provide you with the skills of advanced networking and team working in order to compete in a rapidly changing business environment
To complete the MSc Entrepreneurship and Innovation Management, students must complete 8 x 15 credit modules. All students must complete a Dissertation worth 60 credits. Students will pick one second subject from the list of nominated second subject modules offered by the other Loughborough University London Institutes in the first semester.
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1 year full-time or up to 4 years part-time
Modules are assessed by a combination of essays, group exercises, presentations and time constrained assignments. Subject to your choices, there may also be exams.
Minimum of a lower Second Class Honours degree (2:2) in any subject area, with a mark of at least 55%, from a UK university or equivalent overseas qualification recognised by Loughborough University.
English Language requirements: IELTS 6.5 overall, with a minimum of 6.0 in each subtest (Reading, Listening, Writing and Speaking) or equivalent. See www.lboro.ac.uk/international/englang/.
Entrepreneurial behaviour is a key competency required by a growing number of employers. As this programme provides you with a robust understanding of business and the innovation process, along with the skills required to take action, you will be well placed to succeed in the today’s marketplace.
Fees and Funding
£13,200 (UK/EU) / £23,950 (International)
Click here to see our available scholarships, worth up to 90% off fees.