Explore our Innovation and Entrepreneurship taught Master's degree.
Join the exciting Innovation and Entrepreneurship MSc, to learn the mind-set, tools and techniques to turn great business ideas into well-executed and successful businesses. The interdisciplinary WMG department has expertly designed this programme for entrepreneurs who want to establish their own business.
Designed for budding entrepreneurs, for those with family businesses that need transforming, and for those wanting to bring an innovative entrepreneurial mindset to their next job, this course will allow you to apply best practice approaches to your business proposals to maximise chances of success.
It is a practical course, covering the process from generating new business ideas, developing, testing, and refining ideas, and designing the infrastructure, right through to launching the business. You will focus on how innovation can be exploited in technological and business contexts, to increase success for new product or services-based businesses.
You will cover themes such as business modelling, sales, starting a new business, innovation, leadership and financial issues. Throughout your dissertation, you will rigorously develop your own business ideas, guided by experienced mentors, so that by the end of the course you will be in a strong position to launch your own business.
We have a Business Accelerator within the department, where companies and student start-ups can get ongoing technology and business support, a large alumni network of successful entrepreneurs, and pathways for entrepreneurship visa sponsorship.
General entry requirements
2:i undergraduate degree (or equivalent).
Candidates with a UK 2:ii (or equivalent) may be accepted upon demonstration of relevant professional experience.
English language requirements
You can find out more about our English language requirements. This course requires the following:
- Band A
- IELTS overall score of 6.5, minimum component scores not below 6.0
We welcome applications from students with other internationally recognised qualifications.
For more information, please visit the international entry requirements page.
Candidates with professional experience should include their CV with their application.
We are making some exciting changes to our Innovation and Entrepreneurship (MSc) degree for 2022 entry. Our core and optional modules are currently undergoing approval through the University's rigorous academic processes. As changes are confirmed, we will update the course information on this webpage. It is therefore very important that you check this webpage for the latest information before you apply and prior to accepting an offer.
- Business Model Generation
- Establishing a New Business
- Management of Change
- Sales and Sales Management
- Financial Analysis and Control Systems
Two additional elective modules should be chosen from a wide list of business and technology options, allowing you the flexibility to tailor the course in line with your specific interests.
Options include, but are not limited to:
- Leading Change
- LEAN Principles and Application
- Logistics and Operations Management
- Operations Strategy for Industry
- Organisations, People and Performance
- Problem Solving with Statistics
- Procurement and Inventory Management
- Product Design and Development Management
- Project Planning, Management and Control
- Quality, Reliability and Maintenance
- Reputation and Relationship Management
- Sales and Sales Management
- Service Design and Delivery
- Storage and Warehousing Techniques
- Supply Chain Management
This course has two components – a taught component and a research component (dissertation) each accounting for 50% of your time and effort.
For the taught component, we blend lectures with seminars, syndicate exercises, simulations, and case studies. Each module is delivered intensively over one full week or two half weeks, and classes are deliberately kept small to encourage interaction. Larger scale lectures are delivered for some modules and are backed up by seminar and syndicate activities.
Our module leaders have extensive industry experience. Guest speakers from industry also contribute regularly, bringing real-world insight into your learning experience.
Overall this course can accommodate up to 100 students, with most modules being delivered in smaller classes of 25-30.
Typical contact hours
Our courses are modular in structure, with modules generally being taught in intensive one-week blocks from Monday to Friday, 9.00am - 6.00pm. Some modules will be taught over two half weeks or more, and occasionally you may be required to attend weekend sessions.
In addition to the taught component, you will have online pre-module preparation, and a substantial Post Module Assignment (PMA) following each module.
Each module accounts for 150 hours of learning time, divided between pre-work, in-module time, and post module assessment.
At the end of each module, you will be given a Post Module Assignment (PMA) based on the learning objectives of that module. This is a piece of assessed written work which should take around 60 hours to complete. Most modules also have some in-module assessed work. There is often an opportunity to customise the PMA to your specific business idea or topic.
For the research component, each student undertakes a major individual project, which will develop your research and analytical skills and enable you to specialise. This project accounts for 50% of your overall credits and is submitted in the form of a dissertation of approximately 20,000 words at the end of the year.
Most departments have reading lists available through Warwick Library. If you would like to view reading lists for the current cohort of students you can visit our Warwick Library web page.
Your personalised timetable will be complete when you are registered for all modules, compulsory and optional, and you have been allocated to your lectures, seminars and other small group classes. Your compulsory modules will be registered for you and you will be able to choose your optional modules when you join us.
Innovation and Entrepreneurship graduates will often start their own business, and we’ve seen graduates become successful in a wide range of sectors including: food and drink, music, business consultancy, digital education, oil and gas, outsourcing, fashion, textiles, luxury goods and jewellery, logistics, and finance. Others go on to create new divisions and ventures for their family business, or start work in sectors in which they plan to later launch their business.
Helping you find the right career
Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. Previous examples of workshops and events include:
- Warwick careers fairs throughout the year
- WMG Future Fest
- Options in Engineering sector event
- Careers for experienced hires
- Careers in Cyber Security
- Careers in healthcare
- Careers in project management
WMG at Warwick
Having forged strong links with global companies through 42 years of collaborative research and development, we really understand the global market you’ll be operating in, and have designed our programmes to match.
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- Cyber Security Management (MSc)
- e-Business Management (MSc)
- Engineering Business Management (MSc)
- Healthcare Operational Management (MSc)
- Innovation and Entrepreneurship (MSc)
- Intelligent Manufacturing Systems (MSc)
- International Trade, Strategy and Operations (MSc)
- Management for Business Excellence (MSc)
- Programme and Project Management (MSc)
- Service Management and Design (MSc)
- Smart, Connected and Autonomous Vehicles (MSc)
- Supply Chain and Logistics Management (MSc)
- Sustainable Automotive Electrification (MSc)
Our Postgraduate Research degrees
- Business Transformation (MSc by Research)
- Engineering (MPhil/PhD)
- Engineering Doctorate (EngD)
- MSc by Research (WMG) (MSc)
There are a number of different ways to visit the University of Warwick throughout the year. We host bespoke PG visits, where you can talk directly with your chosen department and explore our campus through a personalised tour. WMG also organises events for prospective students including a weekly Live Chat so you can connect directly with the department to speak with staff and students from WMG. For more about university wide open days and tours, visit our Postgraduate Visits page.
Tuition fees are payable for each year of your course at the start of the academic year, or at the start of your course, if later. Academic fees cover the cost of tuition, examinations and registration and some student amenities.
Fee Status Guidance
The University carries out an initial fee status assessment based on information provided in the application and according to the guidance published by UKCISA. Students are classified as either Home or Overseas Fee status and this can determine the tuition fee and eligibility of certain scholarships and financial support.
If you receive an offer, your fee status will be stated with the tuition fee information, however we are awaiting guidance from the UK government regarding fee status for EU, other EEA and Swiss nationals and their family members living in the UK for academic year 2021/22 onwards. We are not able to confirm the fee status for these students until the relevant eligibility criteria have been confirmed. Once we have received further information from the UK government, we will provide you with an update on your fee status and let you know if any additional information is required. If you believe your fee status has been incorrectly classified you can complete a fee status assessment questionnaire (follow the instructions in your offer) and provide the required documentation for this to be reassessed.
The UK Council for International Student Affairs (UKCISA) provides guidance to UK universities on fees status criteria, you can find the latest guidance on the impact of Brexit on fees and student support on the UKCISA website.
Additional course costs
As well as tuition fees and living expenses, there may be general associated costs such as:
- Core text books
- Printer credits*
- Dissertation binding*
- Robe hire for your degree ceremony
* - Dissertations and Assignments are only submitted digitally. However students may wish to print and bind their dissertation for their own purposes. Students on some courses will have a final poster presentation as part of their project and the printing of posters will be at the students’ expense.
Scholarships and bursaries
Find out about the different funding routes available, including; postgraduate loans, scholarships, fee awards and academic department bursaries.
Learn about the various funding opportunities that are available for our Postgraduate Taught courses.
Find out more about the cost of living as a postgraduate student at the University of Warwick.
Find out how to apply to us, ask your questions, and find out more.
Here is our checklist on how to apply for taught postgraduate courses at Warwick.
Please see the WMG department web pages for specific application advice and information.