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Innovation and Entrepreneurship (MSc) (2021 Entry)

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  • Course Code
  • P-H1S6
  • Course Type
  • Postgraduate Taught
  • Qualification
  • MSc
  • Duration
  • Full-time: 1 year
  • Department of Study
  • WMG
  • Location of Study
  • University of Warwick


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 interdiscipinary 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’s 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’ll focus on how innovation can be exploited in technological and business contexts, to increase success for new product or services-based businesses. You’ll 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’ll 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.


Core Modules

  • Business Model Generation
  • Establishing a New Business
  • Innovation
  • Leadership
  • Management of Change
  • Sales and Sales Management
  • Financial Analysis and Control Systems

Optional Modules

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:

  • Leadership
  • 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

Teaching

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.

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.


Minimum requirements Mid 2:ii undergraduate degree (or equivalent)

English language requirements Band A
IELTS overall score of 6.5, minimum component scores not below 6.0

International Students
We welcome applications from students with other internationally recognised qualifications. For more information please visit the international entry requirements page.


For up-to-date information concerning fees, funding and scholarships for Home, EU and Overseas students please visit Warwick's Fees and Funding webpage.

Scholarships

The WMG Excellence Scholarship is a merit-based award open to offer-holders across all full-time WMG programmes. Over 50 scholarships ranging from 10% to 50% tuition fee discount will be awarded for 2021 entry.


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.

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

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.