Innovation, Entrepreneurship and Management MSc
| Program start date | Application deadline |
| 2024-09-01 | - |
Program Overview
The MSc Innovation, Entrepreneurship and Management is a one-year program that teaches students how to manage and create value from innovation, entrepreneurship, and management. This program prepares students for careers as innovators in various sectors, including energy, consulting, technology, FMCG, and media. It is accredited by AMBA, AACSB, and EQUIS and offers flexible project options such as work placements or business startups.
Program Outline
Degree Overview:
The MSc Innovation, Entrepreneurship and Management is a one-year, full-time program designed to equip students with the skills to manage in dynamic, uncertain, and entrepreneurial environments. The program focuses on three key areas: innovation, entrepreneurship, and management, teaching students how to create, deliver, and capture value from innovation. The program is suitable for both aspiring entrepreneurs and those with intrapreneurial ambitions, preparing them for careers as innovators.
Objectives:
- Develop a toolkit in the three key areas of innovation, entrepreneurship, and management.
- Gain experience with Imperial's dynamic and inspiring culture through collaboration and networking opportunities.
- Prepare students for careers in various sectors, including energy, consulting, technology, FMCG, and media.
Outline:
Pre-study Modules:
- These modules are available to students who have accepted an offer of admission from July onwards.
- They provide a basic knowledge of areas covered in the program throughout the academic year.
Core Modules:
- Foundation Modules:
- Accounting and Corporate Reporting Analysis
- Marketing for Entrepreneurship
- Managerial Economics
- Organisational Behaviour and Human Resource Management
- Strategic Management
- Entrepreneurship Compulsory
- Technology and Innovation Management
- Business Models and Intellectual Property
- Design Thinking for Innovation
- Venture Capital and Growth Finance
- Specialist Modules:
- Personal Innovation Development
- Personal Innovation Development Journey:
- This journey is integrated throughout the program.
Electives:
- Students choose one elective from the list below:
- Consumer Behaviour
- Digital Marketing
- Family Business
- Global Immersion
- Leading Social Innovation
- Management, Strategy and Innovation in Fintech
- Project Management
- Wicked Problems, Systems Dynamics, and Entrepreneurial Innovation
Projects:
- Business Applications:
- Students choose between a Work Placement, a Business Startup, a Consulting Project, or an Individual Research Report.
- Work Placement:
- Provides valuable practical experience and hands-on application in real industry and entrepreneurial situations.
- An extended work placement option (four-six months) is available with the approval of the Academic Director.
- Business Startup:
- Provides valuable practical experience and hands-on application in real industry and entrepreneurial situations.
- Consulting Project:
- Provides valuable practical experience and hands-on application in real industry and entrepreneurial situations.
- Individual Research Report:
- The primary choice for students who have a firm offer to study on a doctoral program or are in the process of applying to a doctoral program.
Assessment:
- Assessment Methods:
- Case studies
- Continuous assessments
- Essays
- Formal presentations
- Multiple choice tests
- Participation
- Reports
- Written exams
Teaching:
- Teaching and Learning Methods:
- Case studies
- Projects
- Equipment/technique demonstrations
- Presentations and seminars
- Group work
- Lectures
- Virtual learning environment
- Lecture recordings
- Practical classes and fieldwork
- Work placement opportunity
- Workshops
Careers:
- The program prepares students for rewarding careers as innovators in various sectors, including:
- Energy
- Consulting
- Technology
- FMCG
- Media
- Potential career paths include:
- Aspiring entrepreneur
- Business owner
- Angel investor
- Innovator within a global organization
Other:
- The program is designed for new and recent graduates with up to three years of work experience.
- A GMAT score of 650 or higher, with a good result in the quantitative reasoning section, can add weight to an application.
- Applicants are required to have a well-researched career plan with clear short and long-term goals.
- The program is accredited by the Association of MBAs (AMBA), Association to Advance Collegiate Schools of Business (AACSB), and European Quality Improvement System (EQUIS).
- Imperial College Business School has been recognized for its work in tackling gender inequality in higher education with a Bronze Athena SWAN award.
2024 entry
Tuition fee
2024 entry £39,000 12 months
Extended work placement option
2024 entry £40,500 16 months
Overview:
Imperial College London is committed to achieving excellence in research and education across science, engineering, medicine, and business, aiming to benefit society through its strategic vision. The college leverages its strong disciplinary foundations, collaborative culture, global partnerships, and top-tier ranking to address significant global challenges through its ambitious strategy, "Science for Humanity."
Mission and Values:
Imperial College London's mission is to harness science and innovation for the greater good, focusing on societal impact. The institution emphasizes interdisciplinary collaboration and aims to nurture talent, drive innovation, and tackle global grand challenges. Core values include a dedication to inquiry, precision, and a scientific mindset that drives understanding and transformation.
Unique Approach:
Imperial College London stands out for its commitment to interdisciplinary research and a comprehensive approach to addressing complex global issues. The college's strategy involves creating new cross-institutional Schools of Convergence Science, focusing on climate, AI, health, and space, among other areas. The Imperial Global network will enhance global collaboration to address grand challenges.
Academic Focus:
Imperial College London emphasizes a strong STEMB focus and interdisciplinary research to address complex challenges. The institution fosters connections across various disciplines and sectors to advance scientific knowledge and societal impact.
Student Life:
The college provides an inspiring environment for scientific inquiry and innovation, offering resources and support for students to explore, dream, and ask significant questions. It maintains a culture of discovery and entrepreneurial thinking.
Meaningful Impact:
Imperial College London operates with the agility and forward-thinking of a startup, pursuing breakthrough science with transformative impact. It is recognized as a trusted partner for research and innovation, contributing to the global landscape through its work in London.
Legacy of London:
Situated in a vibrant global city, Imperial College London benefits from London's energy, creativity, and opportunities, reflecting the city's diverse and dynamic character in its global impact.
Entry Requirements:
- Minimum Academic Requirement: First or 2:1 in any discipline.
- This program is designed for new and recent graduates with up to three years' work experience.
- GMAT is not required, but a well-balanced GMAT result with 650 or higher overall and a good result in the quantitative reasoning section will add weight to your application.
- You are also required to have a well-researched career plan with clear short and long term goals.
- English Language Requirement: All candidates must demonstrate a minimum level of English language proficiency for admission to Imperial. For admission to this course, you must achieve the higher university requirement in the appropriate English language qualification.
- International Qualifications: We also accept a wide variety of international qualifications. The academic requirement above is for applicants who hold or who are working towards a UK qualification. If you have any questions about admissions and the standard required for the qualification you hold or are currently studying then please contact the relevant admissions team.
Language Proficiency Requirements:
All candidates must demonstrate a minimum level of English language proficiency for admission to Imperial. For admission to this course, you must achieve the higher university requirement in the appropriate English language qualification.
