Business School students

A unique programme, designed to prepare graduates for a range of business and entrepreneurial careers.

Key information

Duration: 1 year full-time
Start dateSeptember 2021
Location: South Kensington
ECTS: 90 credits
MSc Innovation, Entrepreneurship and Management at Imperial College Business School
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Overview

The MSc in Innovation, Entrepreneurship and Management is offered over 12 months full-time and combines academic rigour and practical relevance.

In the current global economic environment, there is a pressing need for students to learn about how to manage in dynamic, uncertain, rapidly changing and entrepreneurial environments. The development and introduction of new technologies, systems and services can produce new economic opportunities. Managing successful outcomes to create, deliver and capture value from innovation has become a complex process, requiring broad-based skills and knowledge. This programme addresses these issues.

There is a careful balance between teaching and learning, individual study and group work. Case study methodology and class-based discussions are used to strengthen conceptual, analytical and problem-solving skills and there are regular seminars by external expert speakers.

Imperial College has acknowledged global excellence in both Innovation and Entrepreneurship (the MSc Management has been ranked seventh globally for Entrepreneurship and the MBA has also been ranked sixth globally for Entrepreneurship by the Financial Times).

Study programme

Before the programme begins you are expected to complete a number of pre-study modules. These are designed to give you a basic knowledge of areas which will be covered by the programme throughout the academic year but are not assessed.

The core modules, which you will study during the autumn, spring and summer terms, are organised into the Management core and the Innovation and Entrepreneurship core. The Management Core provides a broad business overview and the Innovation and Entrepreneurship core teaches you how to create, deliver and capture value from innovation. You complete 11 core modules in total.

In the summer term, you complete a project and choose between undertaking a Work Placement; a Business Start-up; or a combination of an Innovation, Entrepreneurship and Management report and a Consulting Project.

Careers

Our graduates are prepared for a range of career opportunities, such as launching a new business, developing business start-ups and consulting on innovation and have gone on to work in industries in the UK, Europe and further afield. Previous employers include Google, Santander and Vodafone.

Professional accreditation

We are among a handful of business schools worldwide to achieve triple accreditation:

We have also been recognised for our work in tackling gender inequality in higher education with a Bronze Athena SWAN award.

This course holds accreditation from EQUIS, AACSB and AMBA.

Structure

Modules shown are for the current academic year and are subject to change depending on your year of entry.

Please note that the curriculum of this programme is currently being reviewed as part of a College-wide process to introduce a standardised modular structure. As a result, the content and assessment structures of this course may change for your year of entry. We therefore recommend that you check this course page before finalising your application and after submitting it as we will aim to update this page as soon as any changes are ratified by the College.

Find out more about the limited circumstances in which we may need to make changes to or in relation to our courses, the type of changes we may make and how we will tell you about changes we have made.

Structure

Pre-study modules

  • Data Analysis Primer
  • Finance Primer
  • Foundations for Career Success
  • Maths Primer
  • Plagiarism Awareness
  • Study Skills

Core modules

  • Accounting and Corporate Reporting Analysis
  • Business Economics
  • Business Models and Intellectual Property
  • Design Thinking for Innovation
  • Entrepreneurship
  • Marketing for Entrepreneurship
  • Organisational Behaviour and Human Resource Management
  • Personal Innovation Development
  • Strategic Management
  • Technology and Innovation Management
  • Venture Capital and Growth Finance

Elective modules

  • Building and Managing Reputations During Good Times and Bad
  • Consumer Behaviour
  • Family Business
  • Global Immersion
  • Leading Social Innovation
  • Management, Strategy and Innovation in Fintech
  • Project Management

Project

The Business Applications in the summer will provide you with valuable practical experience and hands-on application in real industry and entrepreneurial situations.

You can choose between:

  • Work Placement
  • Business Startup
  • Consulting Project

Teaching and assessment

Teaching methods

  • Business Start-up
  • Case studies
  • Consulting Project
  • Equipment/technique demonstrations (e.g. Bloomberg, Datastream)
  • Formal presentations
  • Group work exercises
  • Interactive content including video and module quizzes
  • Lectures
  • On-line discussion forums
  • On-line lecture materials
  • Practical classes and field work
  • Pre-programme VLE modules
  • Seminars
  • Work Placement Opportunity
  • Workshops

Assessment methods

  • Case studies
  • Formal presentations
  • Multiple choice tests
  • Essays
  • Reports
  • Written examinations

Entry requirements

We welcome students from all over the world and consider all applicants on an individual basis.

Entry requirements

Minimum academic requirement

Our minimum requirement is a 2.1 degree in any discipline.

You are also required to have a well-researched career plan with clear short and long term goals.

International qualifications

The academic requirement above is for applicants who hold or who are working towards a UK qualification.

We also accept a wide variety of international qualifications. For guidance see our Country Index though please note that the standards listed here are the minimum for entry to the College.

If you have any questions about admissions and the standard required for the qualification you hold or are currently studying then please contact the relevant admissions team.

English language requirement (all applicants)

All candidates must demonstrate a minimum level of English language proficiency for admission to the College.

For admission to this course, you must achieve the ICBS requirement in the appropriate English language qualification. For details of the minimum grades required to achieve this requirement, please see the English language requirements for Business School applicants.

Competence standards

Competence standards for our courses are used to determine whether or not a student has a specific level of competence or ability. These standards can be found here.

Imperial College London believes in providing the widest practicable access to all our degree programmes and will make reasonable adjustments for students wherever possible. If you do not meet one or more of the competence standards above, please submit your application and you will be able to discuss your situation with the College’s education office.

 

How to apply

How to apply

Making an application

Apply online

All applicants must apply online.

Visit our Admissions website for details on the application process.

If you are applying to the Business School, you may only be considered for one programme per admissions cycle, with the exception of applicants to our Finance Master's programmes, who may select two programmes.

Application fee

For 2021–22 entry, we are introducing a pilot application fee for our Master's courses. This helps cover some of the administrative and staffing costs associated with processing the large volume of applications we receive.

The fee for 2021-22 is as follows. It applies per application and not per course:

  • £135 for MBA applications
  • £80 for all other Master's applications

We will waive the fee for any applicant – Home or Overseas – who demonstrates that they are experiencing financial hardship.

Find out more about the application fee and waiver

ATAS certificate

An ATAS certificate is not required for overseas students applying for this course.

Further questions?

Find answers to your questions about admissions. Answers cover COVID-19, English language requirements, Visas and more.

Visit the FAQs

Tuition fees and funding

The level of tuition fees you pay is based on your fee status, which we assess based on UK government legislation.

For more information on the funding opportunities that are available, please visit our Fees and Funding website.

Read more about scholarships specific to this degree on the Business School website.

Tuition fees

Home rate of tuition

2021 entry

£30,700 per year

Fees are charged by year of entry to the College and not year of study.

Except where otherwise indicated, the fees for students on courses lasting more than one year will increase annually by an amount linked to inflation, including for part-time students on modular programmes. The measure of inflation used will be the Retail Price Index (RPI) value in the April of the calendar year in which the academic session starts e.g. the RPI value in April 2021 will apply to fees for the academic year 2021–2022.

Fee status

Whether you pay the Home fee depends on your fee status.

Your fee status is assessed based on UK Government legislation and includes things like where you live and your nationality or residency status.

Find out more about how we assess your fee status.

EU/EEA/Swiss students

The Government has confirmed that EU/EEA/Swiss students who begin a course before the 31 July 2021 will be eligible to pay the same fee as Home students and have access to student finance for the duration of their course, as long as they meet certain requirements which are unchanged from previous years. This includes students who begin the course remotely.

EU/EEA/Swiss students starting a course on or after 1 August 2021 will no longer be eligible for the Home fee rate and so will be charged the Overseas fee. Please note we do not expect this to apply to Irish students or students benefitting from Citizens' rights under the EU Withdrawal Agreement, EEA EFTA Separation Agreement or Swiss Citizens’ Rights Agreement respectively. However, we are currently awaiting the formal publication of the amended Fees and Awards regulations.

The UK Council for International Student Affairs (UKCISA) website has useful information on the conditions you currently need to meet to be entitled to pay tuition fees at the Home rate for study on a higher education course in England and reflect the regulations as they currently stand (not the amended regulations which are subject to publication). 

UKCISA has also provided some information in response to Questions for students starting their course from the 1 August 2021.

For regular updates for EU students, please see our Imperial and the EU webpages.

Overseas rate of tuition

2021 entry

£30,700 per year

Fees are charged by year of entry to the College and not year of study.

Except where otherwise indicated, the fees for students on courses lasting more than one year will increase annually by an amount linked to inflation, including for part-time students on modular programmes. The measure of inflation used will be the Retail Price Index (RPI) value in the April of the calendar year in which the academic session starts e.g. the RPI value in April 2021 will apply to fees for the academic year 2021–2022.

Fee status

Whether you pay the Overseas fee depends on your fee status.

Your fee status is assessed based on UK Government legislation and includes things like where you live and your nationality or residency status.

Find out more about how we assess your fee status.

EU/EEA/Swiss students

The Government has confirmed that EU/EEA/Swiss students who begin a course before the 31 July 2021 will be eligible to pay the same fee as Home students and have access to student finance for the duration of their course, as long as they meet certain requirements which are unchanged from previous years. This includes students who begin the course remotely.

EU/EEA/Swiss students starting a course on or after 1 August 2021 will no longer be eligible for the Home fee rate and so will be charged the Overseas fee. Please note we do not expect this to apply to Irish students or students benefitting from Citizens' rights under the EU Withdrawal Agreement, EEA EFTA Separation Agreement or Swiss Citizens’ Rights Agreement respectively. However, we are currently awaiting the formal publication of the amended Fees and Awards regulations.

The UK Council for International Student Affairs (UKCISA) website has useful information on the conditions you currently need to meet to be entitled to pay tuition fees at the Home rate for study on a higher education course in England and reflect the regulations as they currently stand (not the amended regulations which are subject to publication). 

UKCISA has also provided some information in response to Questions for students starting their course from the 1 August 2021.

For regular updates for EU students, please see our Imperial and the EU webpages.

Postgraduate Master's loan

If you're a UK national, or EU national with settled or pre-settled status under the EU Settlement Scheme, you may be able to apply for a Postgraduate Master’s Loan from the UK government, if you meet certain criteria.

For 2020-21 entry, the maximum amount was of £11,222. The loan is not means-tested and you can choose whether to put it towards your tuition fees or living costs.

Scholarships

We offer a range of scholarships for postgraduate students to support you through your studies. Find out more about our scholarships to see what you might be eligible for.

There are a number of external organisations also offer awards for Imperial students, find out more about non-Imperial scholarships.

Scholarships

We offer a range of scholarships for postgraduate students to support you through your studies. Find out more about our scholarships to see what you might be eligible for.

There are a number of external organisations also offer awards for Imperial students, find out more about non-Imperial scholarships.

Accommodation and living costs

Living costs, including accommodation, are not included in your tuition fees.

You can compare costs across our different accommodation options on our Accommodation website.

A rough guide to what you might expect to spend to live in reasonable comfort in London is available on our Fees and Funding website.

Further information

Business School

Got a question?

T: +44 (0)20 7589 5111
E: business.school@imperial.ac.uk

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