Skip to main content

Entrepreneurship and Innovation Management MSc

In a highly competitive global environment, entrepreneurship and innovation are key methods for businesses to ensure success and establish competitive advantage. Our Entrepreneurship and Innovation MSc programme aims to equip students with an advanced understanding of both small and large organisations, their management, and the changing external context in which they operate.

You will learn to think critically about new venture creation and the innovation process, and reflect on how to become an entrepreneurial leader.

  • Learn to generate and implement new business ideas.
  • Examine how entrepreneurship and innovation relates to different areas of management, including strategy, marketing, organisational change and product development.
  • The School's Entrepreneurship Hub can provide advice, support and opportunities to gain entrepreneurial experience.

Study options

Starting in
September 2025
Location
Mile End
Fees
Home: £15,250
Overseas: £29,950
EU/EEA/Swiss students

What you'll study

This programme aims to help students to develop an understanding of:

  • The key dimensions of entrepreneurship theory and processes within organisations.
  • The role of business innovation, creativity and knowledge within organisations.
  • The development and operation of markets for resources, goods and services.
  • The influence of economic, ethical, legal, political, sociological and technological factors upon the strategy, behaviour, management and sustainability of organisations.
  • The roles of marketing and customer expectations within business practices.
  • Effective management and development of people within organisations.
  • The diverse processes, purposes, structures, and governance within organisations.

The course material aims to provide you with the knowledge and skills needed to assist with managing the innovation process in companies. You will use critical frameworks such as PESTLE to analyse businesses at local, national and international levels.

Structure

  • Seven compulsory modules.
  • One optional module.
  • Compulsory 10,000-word dissertation.
Master Journey Webinars

Master Journey Webinars

Your Masters Journey Webinars: Join our engaging webinar series designed to guide you through every step of your masters journey.

Register now

Compulsory/Core modules

Innovation is an essential drive of a firm's competitiveness. The module New Product Development and Business Ecosystems enables students to analyse innovation processes within complex ecosystems, from the definition of a new product concept to the involvement of suppliers, partners and end-users in developing new product/process architectures. Students will analyse the organisational implications and challenges deriving from the involvement of partners, supplier and end-users in new product development, through a blend of theoretical and case study based approaches.

This module will investigate and discuss leading change in organisations from both a theoretical and practical perspective. Marrying theory and practice will allow students to critically reflect on organisational change processes through both a scientific and practical lens and to apply their knowledge directly to real world cases and practices. Understanding different perspectives, practices and challenges of leading change will also contribute to students' employability and their personal development. More specifically, how they can become both an effective and a responsible future contributor to organisational change.

Research Methods introduces you to the main approaches and strategies in research methods so that you develop a strong understanding of how social scientists search for and test out evidence in their disciplines. In this way it will help you to develop a critical approach to questions of evidence during your studies and specifically prepare you to work on your dissertation. The lectures will cover issues of research design, searching and reviewing the literatures on topics, and the requirements for research at this level. You will also be given guidance on how to devise research proposals and write dissertations.

The dissertation forms an important part of the assessment of the MSc Management Programme, carrying a weighting of four modules (60 credits), i.e., one third of the entire Programme. The dissertation requires a demonstration of ability to carry out an original investigation into an area of interest. As such, the process should reflect skills of formulating research questions, synthesising and analysing data, drawing insights and conclusions, and written communication.

This module introduces concepts, theories and practices that are shaping our thinking about creating and scaling new ventures in a fast-moving environment with great uncertainty. It addresses strategic (e.g. how to design a business model and entrepreneurial strategy) and practical issues (how to write a business plan and make a pitch to win funding). Students will not only be introduced to the principles of business model design, but also how to deal with uncertainty in the entrepreneurial process.

This module will address the challenges and opportunities posed by digital economy. This module will be offered as compulsory module for Digital E&I pathway. It will give students an overview of Innovations in digital economy and Industry 4.0, digital business model innovation, value creation through Industry 4.0 technologies , managing digital transformations and designing digital strategy to effectively manage innovations in digital economy. Students will be encouraged to think critically on the social impact of digital technology and the complex interactions between digitalisation and the society at large.

This module will address the social challenges and opportunities and how social enterprise should offer solutions to such challenges and create social value from such opportunities. It will give students an overview of social entrepreneurship and social value creation. It will equip students with a strong understanding of foundational theories of entrepreneurship, innovation, social problems and policy. This module will introduce students to key concepts in the historical development of social enterprise and innovation and to its changing role in society and the economy. Furthermore, this module will also discuss social value creation in digital economy.

One of the core elements of entrepreneurship and economic leadership is competitive advantage via innovation by understanding the industry and firm dynamics of technological innovation. Issues within the context of globalisation, development and digitalisation are covered as a strategic process, beginning with assessing the context and moving on to the formulation and implementation of innovation strategies by examining strategic dilemmas within innovation (e.g. standards battles and design dominance, timing of entry, choosing innovation projects, collaborative innovation strategies and the benefits of protecting or opening up innovation for competitive strategy).

The capstone project for the MSc in Entrepreneurship and Innovation will allow students to integrate and apply their cumulative learning in a practical, real-world context. This project challenges students to either develop a new venture, scale an existing business, or create an innovative solution to a complex problem. The project emphasizes creativity, strategic thinking, and practical implementation, mirroring the challenges faced by entrepreneurs and innovators in the field.

Elective modules

BUSM086 explores theoretical approaches explaining what markets managers choose to compete within, why and how. 'Traditional' competitive positioning, resource-based views are critically evaluated for their appropriateness in an increasingly networked, globalised, digitised and fluid environment. Contemporary approaches to strategic management, such as the importance of strategy process, business ecosystems, behavioural approaches and time/timing are analysed. From a variety of organisational contexts, we assess the extent to which firm strategy models may be applied to public sector/voluntary/entrepreneurial types of organisations and firms.

This new module seeks to offer students a more comprehensive and contextual understanding of risk and crisis, including economic, social, technological, environmental, and geopolitical risk, inter alia, situating it within a broader set of institutions such as firms, corporations, NGOs, states, international organisations, etc., in order to make sense of what is specific about the causes, evolutions, and responses to risk in a capitalist political economy. This is also meant to address risk beyond the mere presentist purview of corporate management practices, insofar as students in the MSc Management may both i) work in a broad range of institutions, and ii) will have to understand and engage in their professional lives with a variety of emerging risks, which the conventional risk management literature broaches at times only superficially. We hope that, by the end of the course, students understand that risk management is not engineering, with mechanical solutions to social and economic problems, but rather always a fraught endeavor, rife with contradictions and contestations.

The structure and dynamics of various complex networks (e.g. World Wide Web, online social, intra/interorganisational, im/export trade networks) are examined. A unified theoretical framework to analyse sociologically relevant phenomena exhibiting complex dynamic network structures (e.g. information diffusion, cultural fads, financial crises, and viral marketing) is the aim. Innovation, to uncover the structural foundations of knowledge creation, transfer, sharing, and diffusion in various empirical domains is emphasised from an interdisciplinary perspective by combining current research on complex networks with contributions from relevant organisational and sociological research.

This module will introduce students to those aspects of law that are relevant to business operations by examining selected issues and fundamental principles that underlie the law of contract and company law. In particular, this module will deal with creating commercial contracts, contractual terms, effect of exemption and unfair clauses, remedies for breach of contract, corporate personality & limited liability of shareholders, corporate constitution and corporate management, managerial accountability & directors' duties, shareholder rights & remedies and comparative corporate governance.

This module will explore new social and green financial instruments and investment strategies that seek to deliver on both shareholder returns and sustainable development goals. It will cover trends and models including social and green finance, impact investing, blended finance, public private partnerships, microfinance and social impact bonds. We will draw on real-life case studies from the Global North and the Global South to examine their potential for contributing towards sustainable development and low-carbon transition objectives across different contexts.

Assessment

You will be assessed through a mixture of formal examinations and coursework in your taught modules. You will undertake more self-directed work in completing your dissertation.

The final dissertation is your chance to conduct in-depth and independent research. This can be a practice-oriented project of your choice, on a company or industry you choose.

Teaching

Our interdisciplinary approach ensures a fully rounded business education, and includes lectures led by experienced academics and interaction with Queen Mary’s independent Virtual Learning Environment, QMplus.

This programme has been developed by expert academics, many of whom are practising entrepreneurship professionals. In addition to attending lectures led by academics, you’ll gain invaluable insights from guest speakers and develop communication skills through taking part in interactive seminars and lively group discussions.

You’ll take an active role in your own learning by reading designated material, producing written assignments and completing projects.

We invest in both your educational and personal development, and you will be assigned an Academic Advisor to support you throughout your time at Queen Mary.

Where you'll learn

Facilities

  • ThinkPod interactive collaboration space with presentation, recording and video conferencing facilities.
  • Free subscriptions to publications such as Bloomberg and Financial Times.
  • Access to the Graduate Centre, offering purpose-built study spaces and a postgraduate rooftop common room.
  • 24-hour library on campus.

Campus

Teaching is based at Queen Mary’s Mile End campus, one of the largest self-contained residential campuses in the capital. Our location in the heart of London’s East End offers a rich cultural environment.

We have invested £105m in new facilities over the past five years to offer our students an exceptional learning environment. Recent developments include the £39m Graduate Centre, providing 7,700 square metres of learning and teaching space.

The campus is 15 minutes from Central London by tube, where you will have access to many of the University of London’s facilities, including the Senate House library.

About the School

School of Business and Management

The School of Business and Management has a reputation as a socially engaged management school, with an innovative, multidisciplinary, mindful and responsible approach. We invite our students to ask incisive questions, to challenge their assumptions, and to search for solutions to real-world challenges.

We ensure students experience innovative and engaging educational pathways, alongside supportive staff and excellent research facilities.

The School is accredited by the Association to Advance Collegiate Schools of Business (AACSB), which ensures that the highest standards of excellence in teaching, research, curriculum, and learner success are met.

In the most recent Research Excellence Framework (REF 2021), the School of Business and Management dramatically moved up the Times Higher Education rankings. Among 108 UK business schools, the School now ranks:

  • 22nd for overall research quality (up from 39th in REF2014)
  • 28th for research outputs (up from 34th)
  • 12th for research impact (up from 24th)
  • 21st for research environment (up from 59th)

Queen Mary is also part of the Russell Group - a body of leading UK universities dedicated to research and teaching excellence.

 

Career paths

A postgraduate degree in Entrepreneurship and Innovation offers a competitive advantage to a business career in a globalised environment. Innovation is vital in helping companies to gain competitive advantage and to survive challenging economic periods. Graduates who are equipped to assist with managing the innovation process will be highly sought after.

Alumni from this course are working in management, leadership and consulting roles, and some have also started their own businesses.

Fees and funding

Full-time study

September 2025 | 1 year

Conditional deposit

Home: Not applicable

Overseas: £2000
Information about deposits

Queen Mary alumni can get a £1000, 10% or 20% discount on their fees depending on the programme of study. Find out more about the Alumni Loyalty Award

Funding

There are a number of ways you can fund your postgraduate degree.

Our Advice and Counselling service offers specialist support on financial issues, which you can access as soon as you apply for a place at Queen Mary. Before you apply, you can access our funding guides and advice on managing your money:

Entry requirements

UK

Degree requirements

A 2:1 or above at undergraduate level in any subject

Other routes

Candidates that do not currently meet the set entry requirements may also have the option to study the Graduate Diploma in Humanities and Social Sciences. Meeting the required grades on completion of this programme will provide a pathway to study MSc Entrepreneurship and Innovation Management.

Find out more about how to apply for our postgraduate taught courses.

International

English language requirements

The English language requirements for our programmes are indicated by English bands, and therefore the specific test and score acceptable is based on the band assigned to the academic department within which your chosen course of study is administered. Note that for some academic departments there are programmes with non-standard English language requirements.

The English Language requirements for entry to postgraduate taught in the School of Business and Management falls within the following English band:

Band 4: IELTS (Academic) minimum score 6.5 overall with 6.0 in each of Writing, Listening, Reading and Speaking

We accept a range of English tests and qualifications categorised in our English bands for you to demonstrate your level of English Language proficiency. See all accepted English tests that we deem equivalent to these IELTS scores.

Visas and immigration

Find out how to apply for a student visa.

Back to top