Triangle

Course overview

Our Entrepreneurship, Innovation and Management MSc will help you to harness your creativity and make your entrepreneurship goals a reality. It is ideal if you want to start your own enterprise, enter the family business or become a consultant who can work innovatively in a corporate setting.

You will explore topics including launching new ventures, entrepreneurial finances and e-business. You can also study venture capital and private equity, through a practical module that uses real life case studies and guest speakers with vast experience as venture capitalists.

The entrepreneurship project in semester two enables you to work to a brief and deliver a consultancy style report and presentation for the project sponsor - typically a founder of an entrepreneurial SME.

You will also be eligible for membership of the Ingenuity Lab, which will give you access to a wide range of roundtables and seminars hosted by our Entrepreneurs in Residence who also provide mentoring if you choose to undertake a summer business plan instead of a traditional dissertation.

Why choose this course?

Top 100

in the world and top 20 in the UK

Delivered by

a centre of entrepreneurial skills development, innovation and work

Top quality school

benchmarked against international standards

EQUIS and AMBA accredited

More than 19,000

Business School alumni connect you to a powerful global network of business contacts

Course content

Across the autumn and spring semesters, you will take 120 credits of taught modules including a 30-credit entrepreneurship consultancy project. Each module typically consists of 10 two or three hour sessions.

You will complete a 60-credit 14,000-word dissertation or business plan over the summer, and will be allocated an appropriate dissertation supervisor who will oversee your progress.

Modules

Core modules

Semester one

Entrepreneurial Creativity

This module will introduce you to the latest thinking in the areas of creativity, the creative process, knowledge management practices and the nature of entrepreneurship. Having established the vital link between creativity, entrepreneurship, innovation and value creation, this module uses directed reading, case study exercises, reflective blog writing and group-based creative problem solving to illustrate entrepreneurial creativity in practice.

You will be introduced to a variety of creative problem solving techniques and learn how to apply these techniques in the context of the development, evaluation, and application of ideas and concepts with commercial potential. The course culminates in you pitching your identified entrepreneurial opportunity to peers and real world entrepreneurs.

Entrepreneurship in Context

This module covers:

  • definitions of entrepreneurship/entrepreneurial activity
  • the theoretical perspectives underpinning the study of entrepreneurship
  • understanding what shapes the practice of entrepreneurship both in different settings (for example, social entrepreneurship, technology, family business, international entrepreneurship, environmental business, social media) and due to contextual influences (for example, influence of gender, policy)
Launching New Ventures 20 credits

This module will introduce you to the more practical elements of innovation and enterprise activity across multiple contexts, including not just new venture creation but corporate and social entrepreneurship as well.

Whereas Entrepreneurship and Creativity focuses on idea generation and entrepreneurial theory, Launching New Ventures will prepare you to recognise opportunities, and to implement innovation and enterprising ideas. The ability to make informed and timely decisions will be an important aspect of this, and the module will use a start-up business simulation to encourage this.

Semester two

Entrepreneurship Project

The project is a problem based learning experience where you will work in self-selected teams upon a company based challenge. You are introduced to a company representative and then together develop a problem statement that will be feasible for you to address during the semester and also will deliver a tangible benefit to the company. You are then responsible for managing subsequent meetings with the company, gathering primary and secondary data and keeping the company up to date with progress.

Mentoring is provided to help with project management and the projects will require the application of theoretical constructs from the core modules from semester one to company challenges within an entrepreneurship context. The outcome of the project work should demonstrate an understanding of applying entrepreneurship theories in a practical context and also provide tangible and actionable recommendations to the company.

Managing Innovation in Entrepreneurial Organisations 20 credits

This module develops a knowledge and understanding of: 

  • the dynamics of the global economy and international business and/or an awareness of cultural, legal/regulatory, political, and economic differences across countries and/or an appreciation of management issues from a global perspective
  • business innovation - creativity, intrapreneurial - and entrepreneurial behaviour and enterprise development, and the management and exploitation of intellectual property
  • leadership and management of people within organisations - leadership, organisational behaviour and motivation
  • strategic management - the development and implementation of appropriate strategies within a changing environment

Summer

Entrepreneurship Business Plan

You will be expected to develop a real business concept and take it through to a business plan. This will requires an assessment of the IP position, a marketing analysis, producing a business strategy and a financial analysis. You will be assisted in taking the plan to fruition.

Entrepreneurship Dissertation

The dissertation should focus on any aspect of entrepreneurship. You are expected to choose a topic in consultation with your supervisor. Supervisors may suggest a topic where it is appropriate. As well as the written dissertation, you will make a presentation giving an overview of your work.

Optional modules

One from:

E-Business 10 credits

The E-Business module is aimed at future managers and business people who want to know how information and communications technologies (ICTs) can help them to be successful in their careers by understanding how companies use these technologies.

Aims of the module:

  • To familiarise the strategic management issues and technology developments associated with e-business.
  • To provide a solid strategic business view of the uses of web technologies and information systems.
  • To help understand how and why e-businesses are successful or not, i.e. what makes them 'tick'.
Managing for Sustainability

Sustainable companies are those that are managed in socially, economically, and ecologically responsible ways. Today's managers are expected to understand the impact of management decisions and practices on the environment and society.

This module considers how sustainability principles are applied in organisations, and how to manage for sustainability. Through use of multiple learning approaches, the module enables you to practically interact with real businesses to address some sustainability challenges faced by the organisation.

The module introduces the you to frameworks and theories use to critically assess sustainability, and to integrate sustainability into the business strategy.

The module enables you to develop an understanding of the practical dilemmas facing businesses as they seek to respond to multiple, and often, conflicting stakeholders expectations. You will be expected to critically reflect upon your practical experiences and capture these using a learning journal.

Principles of Marketing

Indicative topics include:

  • What is marketing?
  • Strategic marketing planning
  • Buyer behaviour
  • Marketing research
  • Segmentation, targeting and positioning
  • Managing products
  • Pricing
  • Marketing channels
  • Marketing communications
  • Services marketing
Strategic Entrepreneurship Growth

The module combines practical and theoretical perspectives on the process of leading an entrepreneurial firm, managing growth, and developing a strategic plan.

Leading entrepreneurial growth will develop your capacity to evaluate multiple strategic options under conditions of uncertainty. Using multiple frameworks and concepts you will construct a strategic growth plan.

The module also provides insights into personal dimensions of leading entrepreneurial growth strategies across multiple types of organisations including start-ups, family owned firms, corporations and non-profits.

Technology Entrepreneurship 10 credits

This module aims to provide students with the skills, knowledge and practical experience required to respond to the challenges involved in managing, commercialising and marketing technological innovation and new business development.

Venture Capital and Private Equity

Venture capital and private equity provide risk capital to firms at various stages of their life-cycle. This involves selecting early-stage and late-stage investment opportunities, due diligence, structuring deals, valuation, managing portfolio firms, and exit.

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the module catalogue for information on available modules. This content was last updated on Monday 18 October 2021.

Learning and assessment

How you will learn

  • Lectures
  • Seminars
  • Tutorials
  • Workshops

How you will be assessed

  • Dissertation
  • Essay
  • Examinations

Modules are assessed by a combination of exams and coursework at the end of the relevant semester.

Contact time and study hours

10 credits modules require around 100 study hours, of which 22 hours are contact time. The Entrepreneurship Project and Dissertation are more dependent on individual study time.

Entry requirements

All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements below apply to 2022 entry.

Undergraduate degree2:1 (or international equivalent) in any discipline

Applying

You are required to submit a personal statement and a list of modules being studied in the final year (for applicants who have not yet completed their undergraduate degree).

Our step-by-step guide covers everything you need to know about applying.

How to apply

Fees

All listed fees are per year of study.

Qualification MSc
Home / UK £13,800
International £24,500

Additional information for international students

If you are a student from the EU, EEA or Switzerland, you will pay international tuition fees in most cases. If you are resident in the UK and have 'settled' or 'pre-settled' status under the EU Settlement Scheme, you will be entitled to 'home' fee status.

Irish students will be charged tuition fees at the same rate as UK students. UK nationals living in the EU, EEA and Switzerland will also continue to be eligible for ‘home’ fee status at UK universities until 31 December 2027.

For further guidance, check our information for applicants from the EU.

These fees are for full-time study. If you are studying part-time, you will be charged a proportion of this fee each year (subject to inflation).

Additional costs

As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses.

You should be able to access most of the books you'll need through our libraries, though you may wish to purchase your own copies or more specific titles.

Funding

Business School MSc scholarships

There are many ways to fund your postgraduate course, from scholarships to government loans.

We also offer a range of international masters scholarships for high-achieving international scholars who can put their Nottingham degree to great use in their careers.

Check our guide to find out more about funding your postgraduate degree.

Postgraduate funding

Careers

We offer individual careers support for all postgraduate students.

Expert staff can help you research career options and job vacancies, build your CV or résumé, develop your interview skills and meet employers.

Each year 1,100 employers advertise graduate jobs and internships through our online vacancy service. We host regular careers fairs, including specialist fairs for different sectors.

International students who complete an eligible degree programme in the UK on a student visa can apply to stay and work in the UK after their course under the Graduate immigration route. Eligible courses at the University of Nottingham include bachelors, masters and research degrees, and PGCE courses.

Graduate destinations

Our in-house Postgraduate Careers Team provides expert advice and guidance so that you can make an informed decision about the right career path for you.

Prior to commencing your course you can take part in pre-entry careers discussions and once on programme our MSc Accelerated Career Leader Programme is complemented by one to one career coaching.

Our support continues throughout your time at Nottingham and after you graduate. Business School postgraduates also have access to events and resources provided by the Careers and Employability Service.

The programme is designed to develop your creative thinking and nurture entrepreneurial spirit. Our graduates have created start-ups and also taken their entrepreneurial skills into existing companies. Some MSc graduates have gone on to doctoral studies. Our Ingenuity Lab has supported a number of our MSc graduates in starting their own company.

Career destinations for our postgraduates include:

  • accountants
  • finance and investment analysts
  • higher education teaching professionals
  • investment bankers
  • IT business analysts
  • management consultants
  • marketing professionals
  • public relations professionals
  • university researchers

Career progression

88.8% of all postgraduates from Nottingham University Business School secured graduate level employment or further study within 15 months of graduation. The average annual salary for these graduates was £41,001.*

* HESA Graduate Outcomes 2020, using methodology set by The Guardian. The average annual salary is based on graduates working full-time within the UK.

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Entrepreneurship, Innovation and Management course overview

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This content was last updated on Monday 18 October 2021. Every effort has been made to ensure that this information is accurate, but changes are likely to occur given the interval between the date of publishing and course start date. It is therefore very important to check this website for any updates before you apply.