Innovative and creative organisations lie at the heart of delivering the recovery and growth required in times of recession. Learning to manage the resources needed for successful innovation of creative services and products will be key to the success of these organisations.
The problem faced by designers is not necessarily producing novel products but how to bring them to market. Providing a robust understanding of the innovation process will help entrepreneurial designers to turn their ideas into reality.
You will study entrepreneurship in the context of both academic theory and self-reflection to see if you personally have the qualities to take action and make an idea happen. Intellectual property is of vital importance to the entrepreneur in creative industries and we have devoted a whole module to studying the details and practical application of this rarely studied topic.
Foresight and strategy looks to the future and considers the influence of technology on society and the impact it will have on creative organisations.
The interdisciplinary live 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 your critical thinking in order to evaluate the factors affecting the success of the innovation process and its application in creative organisations
b) Use academic and action based learning to gain insight into the complexity of the innovation process, analysing and evaluating problems and responding to challenges through case studies and in real time
c) Develop your understanding of the innovation and design processes, analysing and evaluating their use through practical and theoretical projects
d) Develop your approach to user centred innovation opportunities
e) To equip you with the insight to consider the future to inform design solutions and business strategy
f) 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 Managing Innovation in Creative Organisations students must complete 8 x 15 credit modules. All students must complete a Dissertation worth 60 credits.
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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 and this programme will prepare you whether you wish to pursue a career in the creative industries, in an innovative SME, an established organisation or self-employment.
A robust understanding of business and the innovation process coupled with the skills required to take action, will be fundamental to your success in the current marketplace.
Graduates will also have the opportunity to enhance their knowledge and career prospects further
by undertaking an MRes or PhD programme.
Fees and Funding
£13,200 (UK/EU) / £23,950 (International)
Click here to see our available scholarships and bursaries, worth up to 90% off fees.