MSc Innovation and Entrepreneurship

Module: 7BE020

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

The module provides students with the knowledge and skills to critically analyse, evaluate and practically apply a range of digital technologies, social media technologies and tools, in the creation and execution of an integrated digital marketing strategy in an SME organisation or entrepreneurial start up context. Contemporary marketing theories and concepts will inform the design and execution of a digital and social media strategy, identifying, targeting, engaging and interacting with potential networks, partners, customers and clients.

Module: 7BU020

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

The rate of change in organisations is accelerating and increasingly the nature of that change is shifting from incremental to transformational. This changing landscape requires organisations and individuals to harness enterprise, creativity and innovation - to demonstrate a proactive and entrepreneurial mindset for change. This module explores the importance of entrepreneurial capability and the skills required for the role of a change agent to initiate and champion change within an organisation. You will study both the theory and practice of initiating and leading the change process, examining a number of topics linked to the process of delivering a change project, including: Evaluating change readiness, project planning, change frameworks, culture and resistance, change leadership and communication. You will develop your knowledge and skills to craft an enterprising change plan for an organisation of your choice. You will also have the opportunity to evaluate and reflect on your own enterprise and entrepreneurial capability and leadership skills to develop as a potential change agent, allowing you to enhance your self-understanding and identify areas for future development and self-improvement.

Module: 7BU019

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

This module identifies creativity and innovation as key to all enterprise activities in ever more competitive markets. Innovation is at the heart of ensuring business success and long-term prosperity, throughout each of the sections the perspectives of SME’s and larger corporations are considered. The module comprises four sections which together define the nature, scope, impact and practice of creativity and innovation in business and how they underpin enterprise. Firstly, it examines the nature of creativity. Secondly it establishes the links between creativity, innovation and enterprise. Finally, the application of innovation is evaluated, as the module explores the tools and techniques that are implemented when transforming an idea into a commercially marketable product or service.

Module: 7BU032

Credits: 30

Period: 1

Type: Core

Locations: Wolverhampton City Campus

Innovation is vitally important for modern enterprises in the development of products and services. Advances in technologies, changing customer behaviours and globalisation are all providing opportunities for new business models. This module explores ways of managing innovation and entrepreneurship and developing and creating new ventures. The module is concerned with the achievement of organisational objectives whilst making efficient use of its resources. This module will examine a wide range business operations management concepts in the production of goods or services, the module will also look critically at the strategic planning process by assessing both the internal and the external environment of an organisation, followed by selecting a number of strategic options, actions and choices to achieve organisational objectives. The module will help develop skills in identifying, formulating and solving business problems through creative and entrepreneurial processes. The ability to recognise the need for and initiate change will be developed through the use of business cases.

Module: 7BU021

Credits: 60

Period: 1

Type: Optional

Locations: Wolverhampton City Campus

The Professional Project module is an independent study unit. Students will be able to draw together learning from their previous subjects, focusing on their key strengths, in the production of a business artefact, this could be, but is not limited to a Business plan, a policy, marketing plan, work-based issue or consultancy project. Alongside the artefact students will develop a thesis outlining the rationalisation for their chosen artefact encompassing methodological approaches and a written critical reflection, which is designed to explain their rational for choice of artefact and reflect on the process of its production and dissemination

Module: 7MG001

Credits: 60

Period: 1

Type: Optional

Locations: Wolverhampton City Campus

Effective leaders, managers, citizens and employees need to be capable of basing their decision-making on information and knowledge derived from research. The aim of this module is to contribute to the research knowledge and skills appropriate for a taught master's programme and relevant for careers in professional or management roles. The participant is required to produce a dissertation, at an advanced level, based on independent research. This should demonstrate an understanding of the philosophy and core principles of research (empirical or non-empirical) and show their competence in the design, execution and reporting of a research-based dissertation. In this way the participant’s ability is developed to carry out subsequent research, independently and to commission, manage and evaluate the research activities of others. Therefore, the knowledge and skills acquired in the module and of producing the project, will contribute to the student's effectiveness throughout her/his career.

Studying at Beaconside

MSc Innovation and Entrepreneurship is the first programme to be delivered at Beaconside as well as at the Business School, Wolverhampton Campus

· The course at Beaconside will be full-time ( 1 Year)

· Students have access to specialist tutors, a dedicated learning centre and an associated business support unit.

· As a member of the NACUE Launch Pad students will also receive 12 months free office space and support, plus the opportunity to apply for financial assistance.

· Students have the option to complete the ‘Independent Business Analysis Project’ module by distance learning (in China or the UK).

· There will be two intakes: in semester 1 (September 2018) AND semester 2 (in January 2019).

On successful completion of this course you will be able to:

1. Critically evaluate theories of entrepreneurship, innovation and creativity and their role in the establishment and development of new enterprises and high growth businesses.
2. Evaluate and apply theories relating to and underpinning the functional and operational aspects of finance and marketing required in entrepreneurial businesses.
3. Develop and justify strategies for commercialising innovative products or business processes in a national and international context, and present business plans in a persuasive and authoritative manner.
4. Evaluate the potential for change initiatives when implementing new strategies within an organisation.
5. Critically evaluate the necessary skills, capabilities and characteristics of entrepreneurial change agents.
6. Synthesise relevant critical thinking through the completion of an independent business analysis project which demonstrates originality and innovation in problem solving.

Location Mode Fee Year Home/EU Full-time £9750 per year 2020-21 Home/EU Part-time £4875 per year 2020-21 Home Full-time £9950 per year 2021-22 Home Part-time £4975 per year 2021-22 International Full-time £13350 per year 2020-21 International Full-time £13950 per year 2021-22

These fees relate to new entrants only for the academic year indicated for entry onto the course, any subsequent years study may be subject to an annual increase, usually in line with inflation.

2018 Entry

• A good honours undergraduate degree (second class or above) from a UK university or overseas equivalent, or a professional qualification and/or experience considered to be equivalent to the above;
• A reference from a tutor who has supervised the applicant’s undergraduate studies and/or employer;
• Students may apply for recognition of prior learning (RPL) subject to the guidelines set out in the RPL Handbook. RPL includes accreditation of prior certificated learning and /or accreditation of prior experiential learning.
• Applications are also welcome from individuals who do not possess the above qualifications but who have significant management experience and are able to demonstrate previous non-certificated learning equivalent to the above. In such cases, admission to the programme will be based on an evaluation of the applicant’s ability to continue to benefit from and achieve the award.

International Applicants

Your qualifications need to be deemed equivalent to the above entry requirements.

• English Language requirements are normally IELTS 6.5 with a minimum of 6.0 in each area (unless otherwise stated) or equivalent accepted qualification
• Please use the following link see the range of English Language Pre-Sessional courses and related Pre-Masters courses offered by the University of Wolverhampton International Academy.
• For further information relating to overseas qualification please use the following link

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Postgraduate Loan (Home Fee Status):

You may be able to get a postgraduate student loan from Student Finance England of up to £11,750 to help pay for a Master’s degree. Applications are made through Student Finance England and more information on the regulations and eligibility criteria can be found at Masters Loans gov.uk