Postgraduate study
Are you interested in working entrepreneurially? Whether that is in a large multinational, your own business, or as a business consultant or analyst, this course is designed for you.
 
  
Qualification
MSc Entrepreneurship, Innovation and Management
Duration
1 year full-time
Entry requirements
2.1 (or international equivalent) in any discipline
Other requirements
Personal statement and a list of modules being studied in the final year (for applicants who have not yet completed their undergraduate degree)
IELTS
6.5 (no less than 6.0 in any element)

If these grades are not met, English preparatory courses may be available
Start date
September
UK/EU fees
£12,465 - Terms apply
International fees
£21,465 - Terms apply
Campus
Jubilee Campus
School/department
 

 

Overview

You will take our ingenuity module where you will consider how to solve problems by thinking differently, as well as taking modules in leading entrepreneurial growth, launching new ventures and entrepreneurial creativity.

Your new knowledge is then deployed through a 'live' consultancy project with a fast-growing, local business where you will develop a report to show how the business can exploit new market opportunities, which is one of the things our students most like about the course.

Our approach is not to tell people how to become entrepreneurs, but to really engage them in practice so they develop their own entrepreneurial capabilities. You will cover core subjects in creativity, launching new ventures, and entrepreneurship in context, along with leading entrepreneurial growth and the unique ingenuity project. You will also have a wide variety of options to tailor the course to your career aspirations.

Cross-disciplinary entrepreneurship courses are also available:

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Academic English preparation and support

If you require additional support to take your language skills to the required level, you may be able to attend a presessional course at the Centre for English Language Education, which is accredited by the British Council for the teaching of English in the UK. Students who successfully complete the presessional course to the required level can progress to postgraduate study without retaking IELTS or equivalent.

Specialist business and management courses are available and you could be eligible for a joint offer, which means you will only need to apply for your visa once. Students who enter via the CELE route are exempt from paying the school's £2,000 course deposit. For more details, please contact us.

Key facts

  • This course is delivered by The Haydn Green Institute for Innovation and Entrepreneurship, a centre of entrepreneurial skills development, innovation and work with small and medium enterprises
  • Part of an elite group of EQUIS and AMBA accredited business schools
  • 6th in the UK for research power in the latest Research Excellence Framework, with teaching underpinned by the latest developments
  • An inspiring research portfolio worth £799m
  • 91.1% of MSc graduates from Nottingham University Business School secured work, self-employment or further study within six months of graduation
  • More than 19,000 Business School alumni connect you to a powerful global network of business contacts
 

Full course details

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.

Assessment

You will be assessed through a combination of individual essays or group projects and written exams.

 
 

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

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.

 
Leading Entrepreneurial Growth

The module is designed to provide a practical perspective on the task of leading an entrepreneurial firm, managing the firm's growth, and developing a strategic plan to direct the firm.

Leading entrepreneurial growth will equip you to manage decisions under conditions of uncertainty. You will be encouraged to evaluate different options for growth and that there is no single framework when it comes to developing a strategy to generate profitable expansion.

 

Optional modules

Business to Business Marketing

The content of this module will serve as an introduction to the main theoretical and managerial concepts and issues in the area of business-to-business marketing and will focus on aspects of strategic marketing relationships between companies and other stakeholders. Possible topics may include:

  • What is a market? A service ecosystem approach to understanding markets
  • Organisational buying behaviour and market structures
  • How do markets work? Creating and shaping new markets and maintaining market dynamics
  • Market relations and sustainable competitive advantage
  • Forming business networks: business network partnership attraction
  • Business-to-Business marketing strategies
  • Innovation in business networks
  • Managing business networks: communication, coordination and learning in business networks
  • Strategic market relations in the digital world 
  • Branding and building loyalty: value co-creation in network partnerships
 
Corporate Entrepreneurship and Innovation Management

This module covers the following:

  • How to build an entrepreneurial organisation
  • Entrepreneurial strategy in theory and practice
  • Entrepreneurial culture: structure, processes and people
  • Building a culture of entrepreneurship in practice
  • Entrepreneurship with external stakeholders
  • Managing uncertainty and failure
  • Building an ambidextrous organisation
  • Diagnosing an entrepreneurial change programme
 
E-Business

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.

 
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.

 
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.

 
Venture Capital and Private Equity

The module covers venture capital and private equity provide risk capital to firms at various stages of their life-cycle. This involves selecting investments, structuring deals, valuation of investment opportunities, leveraged buyouts (LBOs), managing portfolio firms, and exit.

 

 

The above is a sample of the typical modules that 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. Due to the passage of time between commencement of the course and subsequent years of the course, modules may change due to developments in the curriculum and information is provided for indicative purposes only.

 
 

Fees and funding

See information on how to fund your masters, including our step-by-step guide. Further information is available on the school website.

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.

Government loans for masters courses

The Government offers postgraduate student loans for students studying a taught or research masters course. Applicants must ordinarily live in England or the EU. Student loans are also available for students from Wales, Northern Ireland and Scotland.

International and EU students

Masters scholarships are available for international students from a wide variety of countries and areas of study. You must already have an offer to study at Nottingham to apply. Please note closing dates to ensure your course application is submitted in good time.

Information and advice on funding your degree, living costs and working while you study is available on our website, as well as country-specific resources.

 
 

Careers and professional development

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

Postgraduate careers team

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.

As soon as you have accepted your offer of a place at the Business School, we can begin working with you to support your career planning needs. You can take part in pre-course careers discussions and take advantage of remote and online support through Career Leader, an online assessment tool which helps you to measure your business interests and motivations before starting your course. Our support continues throughout your time at Nottingham and after you graduate.

Employability and average starting salary

91.1% of postgraduates from Nottingham University Business School who were available for employment secured work or further study within six months of graduation. £25,000 was the average starting salary, with the highest being £57,200.*

* Known destinations of full-time home postgraduates 2016/17. Salaries are calculated based on the median of those in full-time paid employment within the UK.

Career and professional development

Whether you are looking to enhance your career prospects or develop your knowledge, a postgraduate degree from the University of Nottingham can help take you where you want to be.

Our award-winning Careers and Employability Service offers specialist support and guidance while you study and for life after you graduate. They will help you explore and plan your next career move, through regular events, employer-led skills sessions, placement opportunities and one-to-one discussions.

 
 
 

Disclaimer
This online prospectus has been drafted in advance of the academic year to which it applies. Every effort has been made to ensure that the information is accurate at the time of publishing, but changes (for example to course content) are likely to occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for the course where there has been an interval between you reading this website and applying.

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