Introduction to Innovation Management and Entrepreneurship

Innovation and entrepreneurial thinking are two of the greatest tools a professional can use. When properly harnessed and effectively used, they can lead to increased profits, accelerated growth, and more jobs within an organisation.

With the aid of this online postgraduate course, you can look forward to learning how to set up a new business or take your company to new levels of success. You’ll master the techniques and contemporary skills needed to establish yourself as a creative, proficient business leader.

Course details

MSc Innovation Management and Entrepreneurship 

3 start dates per year: February, May and September

Next start date: 27 September 2021

Application deadline: To guarantee time for your application to be reviewed, please apply by 13 September 2021. We recommend applying as early as you can to secure your place.

Duration: 2 years (part time). 

Format: Online, with optional face-to-face events. You can also study an MSc in Innovation Management and Entrepreneurship on campus.

Total course fees: £10,900 (including a £250 acceptance fee)

Application form link: Start your application for September 2021 now

View application process

Why this MSc Innovation Management and Entrepreneurship?

This Master's course is designed to provide you with the in-depth knowledge and understanding required to become an entrepreneur, as well as effectively manage and drive innovation in an existing business.

You can expect to develop valuable expertise around opportunity recognition, product development, commercialisation, operational growth, strategic thinking, and more.

Through your studies, you’ll gain conceptual and analytical skills that can be applied to startups, small and medium-sized enterprises (SMEs), and large businesses across the private and public sector.

Our academics have practical and/or academic experience in the fields of entrepreneurship and innovation management, so you’ll benefit from concrete, real-world lessons that can be immediately applied to your own career.

Join the next generation of business pioneers and foster a successful career in your industry of choice.

Why choose an MSc over an MBA?

Course Leader Vijay Vyas explains the value of specialist innovation and entrepreneurship education:

Read more

What you’ll study

On this course, you’ll:

  • Gain key innovation management and entrepreneurship frameworks to guide the development of constructive business policies and strategies
  • Understand the internal and external factors that impact innovation within an organisation, including economic, social, environmental, and technological challenges
  • Conduct detailed study into markets and customers, including the impact of market changes on a company, to better target products
  • Learn about the financing of business operations, particularly around conducting financial assessments for new products and startups


Your studies for this module will introduce you to the field of entrepreneurship as the process of starting and growing a new enterprise.

Through engaging with contemporary research and critical discussions in this field, you’ll start to hone the ever-evolving mindset associated with spotting and developing opportunities and setting up new organisations.

This module presents a contemporary view of innovation management that focuses on the links and overlaps between groups rather than on a single perspective from, for example, marketing or research and development.

You’ll get to explore the field of innovation management and examine the issues faced by organisations engaged in developing new innovative outputs. Upon completion, you’ll be able to comprehend innovation topologies, concepts, and tools.

Gain advanced knowledge of the processes involved in product development, including the most effective ways to manage them. You’ll have the opportunity to create and test a new product concept with potential customers and analyse it in detail within lectures and group discussions.

This is a practical module that focuses on identifying an opportunity and developing a viable business model by adopting a design-thinking approach.

Through the process of market validation by gathering customer and market feedback, you’ll continuously iterate and evolve your business model and develop your entrepreneurial behaviours and attitudes such as leadership, resilience, and adaptability.

This final module will help familiarise you with different methods – both qualitative and quantitative – for undertaking research in entrepreneurship or innovation management.

With your dissertation, you’ll have the scope to address a challenge relating to your current place of work or even any future career plans.

Previous dissertation topics by our on-campus students include:

  • How is the credibility of a biotech start-up affected by its choice of partnerships?
  • The impact of new machineries in the knitting industry in Tamil Nadu, India
  • Attitudes and perceptions of female entrepreneurship in male-dominant industries
  • The influence of leadership styles on team success and managerial playing styles in English football between 2015-2019
  • The effect of social media on informal businesses in Jordan

Career prospects and opportunities

Our MSc Innovation Management and Entrepreneurship will facilitate the personal, professional, and academic development you need to innovate in your existing role or while starting a new business.

Just as crucially, the practical expertise and interpersonal capabilities you can expect to gain will allow you to confidently adapt and apply your knowledge to the changes and challenges of real-world business operations.

With the additional support you can receive from our excellent Careers and Employability Service, these abilities will help make you a highly competitive hire for organisations across different industries, sectors, and regions.

Upon graduation you’ll also join our Alumni Association and get to network with accomplished professionals from across the world. As a member of this global community, you’ll be able to forge connections that can create new opportunities for your career and your place of work.

Read more about the professional opportunities an MSc in Innovation Management and Entrepreneurship could lead to:

Career options

Dr Vijay Vyas

Course Leader

I'm the Course Leader for the online and on-campus versions of the University of Portsmouth’s MSc Innovation Management and Entrepreneurship in the Faculty of Business and Law. My current areas of research include entrepreneurial intentions, innovation by SMEs, and entrepreneurship and economic growth.

Course webinar 

Course Leader Dr Vijay Vyas takes a detailed look into how the course works:

Watch now

MSc Innovation Management and Entrepreneurship glossary

Discover the key terms professionals in the field need to know:

Read the glossary

Looking for a full-time Master's course?

You can study an MSc in Innovation Management and Entrepreneurship on campus:

Find out more

How you're assessed

All assessments for this postgraduate programme are based on coursework submitted online. Your performance is assessed through projects such as:

  • Oral presentations
  • Written assignments
  • A dissertation

You'll also receive formal and informal tutor feedback to help you improve future work.

Entry requirements

To join this course, you must have:

  • A first or a second-class honours degree in any discipline 
  • English language proficiency at IELTS level 6.5 with no component score below 6.0 (or other acceptable proof), if English is not your first language

When applying, you’ll also be required to submit:

  • Two references
  • Personal statement

Not sure if you’re eligible to apply? We know everyone’s path to postgrad study is different, so please phone our Course Adviser team on +44 (0)23 9400 3692, or email if you think you'd be a good fit.

Want to start in September 2021?

Apply now