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MScEntrepreneurship, Innovation & Technology

Why this course?

This highly practical, career focused programme addresses the global demand for talented entrepreneurs and those working for entrepreneurial ventures.

The course is ideal for those with a business idea they want to take to market or are looking to work for innovative entrepreneurial ventures rather than pursue more traditional graduate jobs. According to Wired magazine, some of the most dynamic and exciting career opportunities can currently be found in the startup and small business sectors.

As a graduate, you'll be placed ahead of the curve when it comes to possessing the skills and knowledge required to make an impact in this fast-moving and rapidly evolving jobs market.

You'll learn how to combine theoretical knowledge with a special focus on developing the practical skills required to engage successfully in entrepreneurial activity.

As a student on the course, you'll be embedded in one of Europe’s leading technological universities and will have deep engagement with a dynamic innovation ecosystem.

Through a virtual incubation project, you'll develop an innovative business opportunity and pitch to a panel of investors from the UK ecosystem.

What you’ll study

The degree is split into three sections that are reflective of a real-world startup scenario:

  • ideation: in Semester 1, you'll focus on creativity, opportunity recognition and data analysis skills
  • road testing: in Semester 2, attention will turn to establishing a new venture and ensuring the market viability of a prototype product/service
  • commercialisation: over the summer, you'll work on a detailed innovative project to simulate bringing a product to market

Virtual Incubator Project

The VIP is the culmination of the Masters in Entrepreneurship, Innovation & Technology. Here, you will put into practice all of the skills and knowledge developed over the previous nine months in order to bring a business proposition to an investment panel. The VIP is an accelerated incubation program run in partnership with the Entrepreneurship Accelerator Hub at the Royal Bank of Scotland. 

Strathclyde Entrepreneurial Network

The Strathclyde Entrepreneurial Network is a global support network for current students and graduates. The Network has supported many internationally successful student and graduate businesses and yours could be next! 

Strathclyde Business School

Strathclyde Business School (SBS) was founded in 1948 and is a pioneering, internationally renowned academic organisation with a reputation for research excellence. One of four faculties forming the University of Strathclyde, SBS is a triple-accredited business school (AMBA, EQUIS and AACSB) and was the first business school in Scotland to achieve this accolade in 2004. The Business School is home to seven subject departments and a number of specialist centres, all of which collaborate to provide a dynamic, fully-rounded and varied programme of specialist and cross-disciplinary courses.

Strathclyde Business Network

As a postgraduate student at Strathclyde Business School, you may choose to join the Strathclyde Business Network, a student-led initiative that facilitates interaction with business and industry leaders. The Network aims to foster knowledge sharing, facilitate discussion and enable networking opportunities with the very best business professionals in industry. Every year the Network organises Glasgow Business Summit, which is the first-ever student-led business conference in Scotland and brings together students with leading businesses from across the UK.

 

 

 

Course content

Semester 1

Creativity & Opportunity Development

This class introduces participants to the fundamentals of creativity and opportunity recognition. Through a blend of hands on creativity exercises, ideation tools and techniques through to models of opportunity evaluation, students will develop foundational entrepreneurship skills.

Data Lab

As increasing volumes of data are collected and made available to the public, identifying opportunities through analysis of data is a necessary skill for the contemporary entrepreneur. This course will empower students with a range of different analytic methods and software tools that will allow them to successfully identify high-value data-drive entrepreneurial opportunities.

Introduction to Entrepreneurial Finance

This class introduces the foundational financial tools required to operate and manage an entrepreneurial venture. The class assumes little to no previous experience working with numbers.

Issues & Trends in Entrepreneurship, Innovation & Technology

The class provides a firm foundation in scholarly, practitioner and policy perspectives for "mega-trends" in entrepreneurship, innovation and technology. Students will learn about cutting-edge developments such as fin-tech, the sharing economy and social innovation, while also learning how entrepreneurial ecosystems function.

Strategic Innovation Management

Semester 2

Advanced Entrepreneurial Finance

Building on the introduction to entrepreneurial finance, this class develops a more sophisticated set of capabilities. The class examines financial modelling, sources of finance and other skills relevant to those hoping to establish or work for an entrepreneurial firm.

Entrepreneurial Leadership & Resource Management

A key objective of the MSc Entrepreneurship, Innovation & Technology is to equip existing and potential entrepreneurs with skills and competencies that will enable them to successfully exploit global entrepreneurial opportunities. Entrepreneurial leadership and entrepreneurial resource management skills form an integral part of the requisite skills set.

The class will expand students' understanding of the differences and complementarities between successful leadership and the effective management of entrepreneurial capital and resources in various entrepreneurial contexts. Significant emphasis will be on the development of practical skills applicable in diverse contexts. The class will complement other modules offered within the MSc dealing with specific elements of entrepreneurship (eg creativity & opportunity recognition, new venture creation, and accounting & financial analysis) by addressing how leadership and general entrepreneurial resource management sets the strategic agenda for these elements.

Internationalisation & Growth Lab

In today’s globalised business world, ventures often face international competition for inception, as well as being offered international opportunities from inception. Therefore, internationalisation is no longer the premise of larger, more established corporations. More and more often, firms internationalise early in their life cycle to explore and exploit business opportunities abroad and strengthen their competitive position in the domestic and foreign markets.

The internationalisation and growth lab will provide participants with the tools and techniques required to found globally-oriented businesses from launch.

New Venture Creation

In New Venture Creation, students will learn to develop and validate winning business models. Students will cover a broad range of topics that critically examine various approaches to establishing and operating a venture, supported by frequent guest lectures from successful entrepreneurs.

Sales Lab

The aim of the module is to develop sales skills that are grounded strongly in practical customer engagement rather than exclusively at a top management or strategic level. Lab content will focus on the practices associated with customer selection and with the content of sales interactions. Selling is a critical yet overlooked aspect of the entrepreneurial process, and this lab will provide a hands-on framework for effective entrepreneurial selling.

Elective classes

Electives classes (choose two)
  • Brand Management & Strategy
  • Circular Economy & Transformations Towards Stability
  • Destination Marketing & Management
  • Enterprise Lab
  • Family Enterprise
  • International Trade Theory & Policy
  • Managing Talent & Succession Planning

Learning & teaching

Core and elective classes will be taught across two semesters running from September to December and January to March. Classes will be taught through a combination of lectures, workshops, lab sessions and practical activities. The Virtual Incubator Project is undertaken in Glasgow from May to September.

Assessment

Assessments methods vary by class. Typical assessment will be through a combination of group assignments, individual assignments and exams. Exams will take place at the end of each semester in December and April/May.

Entry requirements

Minimum second class Honours degree, or overseas equivalent - see our country pages for further information - in any subject.

English language requirements

Students whose first language is not English must have a minimum of 6.5 IELTS score, with no individual score lower than 5.5. Get more information about the English language requirements for studying at Strathclyde.

Pre-Masters preparation course

The Pre-Masters Programme is a preparation course held at the University of Strathclyde International Study Centre, for international students (non EU/UK) who do not meet the academic entry requirements for a Masters degree at University of Strathclyde. The Pre-Masters programme provides progression to a number of degree options.

Upon successful completion, you will be able to progress to this degree course at the University of Strathclyde.

Fees & funding

2019/20

All fees quoted are for full-time courses and per academic year unless stated otherwise.

Scotland/EU

  •  £13,000

Rest of UK

  • £13,000

International

  • £19,500

How can I fund my course?

Scottish and non-UK EU postgraduate students

Scottish and non-UK EU postgraduate students may be able to apply for support from the Student Awards Agency Scotland (SAAS). The support is in the form of a tuition fee loan and for eligible students, a living cost loan. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

Students coming from England

Students ordinarily resident in England may be to apply for postgraduate support from Student Finance England. The support is a loan of up to £10,280 which can be used for both tuition fees and living costs. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

Students coming from Wales

Students ordinarily resident in Wales may be to apply for postgraduate support from Student Finance Wales. The support is a loan of up to £10,280 which can be used for both tuition fees and living costs. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

Students coming from Northern Ireland

Postgraduate students who are ordinarily resident in Northern Ireland may be able to apply for support from Student Finance Northern Ireland. The support is a tuition fee loan of up to £5,500. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

International students

We have a large range of scholarships available to help you fund your studies. Check our scholarship search for more help with fees and funding.

Please note

The fees shown are annual and may be subject to an increase each year. Find out more about fees.

Careers

Graduates will be well suited to find employment in a variety of exciting roles. This may involve

  • establishing a startup
  • working in an entrepreneurial ecosystem support role
  • taking over a family business
  • working for a high-growth SME.

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Entrepreneurship, Innovation and Technology

Qualification: MSc, Start date: Sep 2020, Mode of delivery: attendance, full-time

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