MSc Entrepreneurship students discussing their work

Entrepreneurship & Innovation Management MSc

Learn to develop exciting and enduring business opportunities.

Key details
Location
Penryn Campus
Course duration
1 year
Attendance
Full-time

Course overview

Join our thriving ecosystem of creators, innovators and leaders. You’ll develop the practical skills to become a sustainable, creative innovator and resilient entrepreneur. Nurture your talent for spotting opportunities and solving problems, learning some of the most progressive methods in business from experienced professionals with diverse backgrounds.  

This MSc course has been devised to expose you to the development of real business ideas and the application of entrepreneurial theory and applied practice through a sustainability lens. You’ll have the opportunity to develop impactful ideas alongside establishing a motivated, resilient and ethically focused mindset. By graduation, you’ll possess the tools to thrive in a future business landscape.  

You will:

  • Gain a contextualised understanding of the theory and practice of entrepreneurship  
  • Connect various business areas such as design thinking, finance, marketing, innovation, lean product development, strategy and project management  
  • Develop an approach and mindset that places sustainability at the heart of every business idea you generate, decision you make and action you take  
  • Enhance your understanding of business development workflow from inception to investment 

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Start dates: January / September

(Two intakes per year)

Course details

MSc Entrepreneurship & Innovation Management

This Entrepreneurship & Innovation Management MSc focuses on helping you to become a resilient entrepreneur in practice, not just in theory. Through participating in highly interactive sessions, you’ll learn what it takes to bring new products to market. From identifying market opportunities and financial viability, to assessing long-term sustainability, you’ll gain the knowledge and skills to become a well-rounded business leader of the future.

Product Ideation 

In this module, you’ll explore ways to build sustainable business concepts that create value for yourself and the planet. 

You’ll apply design thinking concepts, such as ideation and prototyping, to sustainable business challenges, and explore different approaches to innovation (incremental, radical and disruptive) and the implications each of these approaches have on the efficacy of business solutions. 

Sustainable Practice

You’ll be introduced to different sustainability frameworks, including the UN’s Sustainable Development Goals, and evaluate challenges, opportunities and potential actions through the lens of sustainable development and our inter-connected global society.

You will reflect upon sustainability-related issues that you may face within your career and use these to inform a personal sustainability plan. You will also audit a business of your choice to identify elements of best practice and recommend improvements.

 

 Innovation Product Development

In this module, you’ll learn how to test and validate early business concepts, gaining essential customer feedback to enhance product scope and the development of a minimum viable product (MVP).

You’ll carry out practical product development activities within the context of theoretical innovation and entrepreneurial frameworks, such as lean start-up and the innovation matrix. Through these exercises, you’ll be introduced to concepts such as iterative, radical, sustainable and transformational innovation.  

Business Management

You’ll explore core concepts of business strategy, financial viability and long-term sustainability in the development of new business ideas.

You’ll learn how to use a range of financial documents, such as profit and loss statements, balance sheets and cashflows, to support effective decision making and leadership. You’ll recognise the need for financial acuity to inform pricing, strategy, business models and protection of intellectual property.

Final Major Project

Drawing upon the knowledge and experiences gained from previous modules, you’ll deliver a practice-led research project that’s located within a defined context.

The Final Major Project should reflect your awareness of the contexts, challenges, possibilities, and goals of your practice. It could be for a new idea of your own, a project or new product for an existing organisation, or a proposed resolution to a significant challenge.

The modules above are those being studied by our students, or proposed new ones. Programme structures and modules can change as part of our curriculum enhancement and review processes. If a certain module is important to you, please discuss it with the Course Leader.

How you'll learn & be assessed

The delivery of the Entrepreneurship & Innovation Management MSc is provided in three ways: 

  • Lectures provide the theoretical background and wider context to each topic
  • Seminars focusing on the application of the theory to sectoral practice
  • Tutorials help students apply theory to their own practice and assignments

Experiential learning (or learning by doing) makes up the teaching and assessment approach for this course, and you will develop collaboration and communication skills by working in teams at times. 

Each module has two assessments which are staggered to avoid submission deadlines in the same week.  

You’ll be assessed via a range of methods, including:  

  • Written reports
  • Portfolio reviews
  • Verbal assessments
  • Pitch presentations
  • Team working assessments

There are no exams, so 100% of your assessment is coursework.

Feedback is provided regularly throughout each module.

The Cornwall Business School is home to a bustling community of innovators, creators and collaborators. Take a look at the stories below to find out more about our students, staff and graduates.

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Facilities

  • High quality teaching facilities
  • IT suites and software packages
  • Excellent media facilities for producing promotional material and audio-visual content
  • Libraries housing a collection of 140,000 books, 17,000 DVD and video titles, and electronic and journal resources

Staff

Your lecturers will be practicing professionals with experience in founding and running their own businesses and bringing new innovative products to market. With a wealth of real-world experience, the course team will help students to apply key business concepts and theories to their own learning and projects.

Marcus Simmons

Course Leader, Entrepreneurship & Innovation Management MSc

Marcus is a multi-award-winning entrepreneur who in 2016 swapped the board room for the classroom an...

Marcus Simmons

Stewart Noakes

Lecturer, MSc Entrepreneurship & Innovation Management

Stewart is a serial entrepreneur who has built companies in the UK, Portugal, India and the USA befo...

Stewart Noakes
Claire Rose headshot

Claire Rose

Lecturer, Entrepreneurship & Innovation Management MSc

Claire works as part of the team at Cornwall Business School. She is an experienced academic, s...

Claire Rose

Some members of staff only teach on specific modules, and your course might not feature every staff member who teaches on the course.

Careers

The aim of this programme is to develop students’ understanding of the practical application of contemporary entrepreneurship and innovation management. You’ll graduate with a range of practical business development skills to support existing businesses, or to create your own start-up.

By situating the course at the intersection of theory and practice, you can choose your own approach to this subject either as theorist or practitioner, leading to many future career options.

You will graduate with:  

  • The ability to operate in an Executive capacity in your own firm, with a team of co-founders or to operate in an entrepreneurial fashion in a larger organisation 
  • The knowledge to develop your own business and take innovative propositions to market 
  • The capability to identify, attract, develop and manage collaborative teams for new business opportunities or new divisions of your current firm.
  • The knowledge of managing new product development 

Further study opportunities include: 

  • Doctoral research within business, management, innovation or entrepreneurship related disciplines

How to apply

Request application information

To find out more about this course, how you'll learn and how to apply, get in touch with our Course Advisors. Click below to submit a form and we'll get back to you as soon as we can. 

Request application information

 

A 2:2 honours degree (or above) or Level 6 equivalent qualification is desirable. However, candidates without a degree or formal qualification are still encouraged to apply, if they have significant relevant work experience. If you'd like to discuss our entry requirements, speak to an advisor.

Start-ups and innovators require a number of skill sets, so we'll consider applications from people with a wide variety of graduate and professional backgrounds who possess a clear interest in starting a business or increasing innovation in an existing business.

We'll also welcome your application if you have formal or 'certified' learning (such as training courses not run by universities or colleges) and learning from work experience or self-study. This is called Accreditation of Prior Learning (APEL), and should have been gained within the last five years, and be equivalent to the learning outcomes of our minimum entry qualifications.

APEL applicants using experience to apply should note there is a £200 application fee for entry with advanced standing or with exemption from specific modules or credit.

If English isn’t your first language, you'll need to demonstrate English language skills that are sufficiently developed for successful completion of your studies. We accept a range of recognised English language qualifications that are equivalent to the International English Language Testing System (IELTS) Academic minimum score of 6.5 overall, with a minimum of 6.0 in Reading, Writing, Speaking and Listening.

International applicants who require a student visa to study in the UK must take a recognised language test that is approved and vouched for by the University. Our Applicant Services Team can help with any questions you may have about study visas or suitable language tests.

This course has three intakes per year: January, May and September.

Discounts may be available for early applications. To discuss all our discount opportunities, contact an advisor.

Speak to an advisor

What we're looking for

We’re after students who want to tackle the world’s biggest challenges and make an impact. You’ll have a natural curiosity about the worldbe well-versed in a range of business domains and have a broad grasp of global geopolitical and macroeconomic events. 

Fees, costs & funding

Tuition fees

£9,900 per year – full-time UK (£250 acceptance fee payable. This is deducted from tuition fees.) 

£19,300 per year – full-time EU/international (acceptance fee up to £1,000 payable, dependent on nationality. This is deducted from tuition fees.)

£10,200 per year – full-time UK (£TBC acceptance fee payable. This is deducted from tuition fees)

£19,950 per year – full-time EU/international (£TBC acceptance fee payable. This is deducted from tuition fees)

Tuition fees are set annually and are subject to review each year. The University may therefore raise tuition fees in the second or subsequent years of a course, in line with inflation and/or the maximum permitted by law or Government policy. Students will be notified of any changes as soon as possible. 

The figures above don't include accommodation and living costs

Typical course costs

  • £30 - suggested reading
  • A laptop will be an essential piece of equipment along with a reliable broadband connection

If you need to bring equipment or materials with you, these will be outlined in your Welcome Letter. 

Ask a student

What better way to find out about life at Falmouth University than by asking our current students?

From course details and academic support, to the social scene and settling in, our students are ready and available to answer any questions you might have. Simply set up your account, send them a question and they'll get back to you within 24 hours.

Request information

Do you have questions about the course or studying at Falmouth? Fill in our simple online form and we'll get in touch to support your application journey.

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